Contract
Annex I
REFINANCING
AMENDMENT NO. 2 dated as of June 26, 2009 (this “Amendment”),
relating to the Credit Agreement dated as
of June 27, 2001,
as amended and restated as of
June
5,
2009, as
amended by Refinancing Amendment No. 1 dated as of June 10, 2009 (the
“Credit
Agreement”), among Rite Aid Corporation, a corporation organized under
the laws of the State of Delaware (the “Borrower”),
the lenders from time to time party thereto (the “Lenders”),
Citicorp North America, Inc., as administrative agent and collateral processing
agent (in such capacities, the “Administrative
Agent”), and the other agents party thereto.
RECITALS
A. Capitalized
terms used herein and not otherwise defined herein shall have the meanings
assigned to such terms in the Credit Agreement. The rules of
construction specified in Section 1.03 of the Credit Agreement also apply to
this Amendment.
B. The
Credit Agreement permits the Borrower to obtain from any Lender or Additional
Lender Refinancing Indebtedness in respect of the Revolving Commitments (and
Loans outstanding thereunder) in the form of new Revolving Commitments and
additional Revolving Loans pursuant to a Refinancing Amendment (provided that
all Revolving Commitments outstanding immediately prior to the effectiveness of
the Refinancing Amendment shall be terminated and replaced pursuant to such
Refinancing Amendment).
C. On
the Amendment Effective Date (as defined below), the Borrower intends to (a)
terminate, pursuant to Section 2.08(b) of the Credit Agreement, all Revolving
Commitments in effect immediately prior to the Amendment Effective Date and (b)
obtain, pursuant to Section 6.01(c) of the Credit Agreement, new Revolving
Commitments in an aggregate amount of $1,000,000,000 from the lenders signatory
hereto (the “New
Revolving Lenders”). The proceeds of Revolving Loans (if any)
made on the Amendment Effective Date pursuant to such new Revolving Commitments,
together with the proceeds from the issuance of Permitted First Priority Debt
referred to in Section 1.3(c) below, will be used on the Amendment Effective
Date (a) to make the payments described in
Section 1.3(d) hereof and (b) to pay fees and expenses incurred in
connection with the foregoing.
D. This
Amendment is a Refinancing Amendment pursuant to Section 6.01(c) of the Credit
Agreement.
AGREEMENTS
In
consideration of the foregoing and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Borrower, the
Subsidiary Loan Parties, the New Revolving Lenders and the Administrative Agent
hereby agree as follows:
ARTICLE
I
Amendment
SECTION
1.1. Amendment of the Credit
Agreement. i) The definition of the term “Alternate Base Rate” set forth
in Section 1.01 of the Credit Agreement is hereby amended by replacing the
period at the end of the first sentence thereof with the following clause: “;
provided further that solely
for purposes of calculating interest in respect of any Revolving Loan that is an
ABR Loan the Alternate Base Rate will be deemed to be 4.00% per annum on any day
when the Alternate Base Rate would otherwise be less than 4.00% per
annum.”
(b) The
definition of the term “Applicable Rate” set forth in Section 1.01 of the Credit
Agreement is hereby deleted and replaced with the following
definition:
“Applicable Rate”
means, on any day, (a) with respect to any ABR Tranche 2 Term Loan, a
rate per annum of 0.75% and, with respect to any Eurodollar Tranche 2 Term
Loan, a rate per annum of 1.75%, (b) with respect to any ABR Tranche 3 Term
Loan, a rate per annum of 2.00% and, with respect to any Eurodollar Tranche 3
Term Loan, a rate per annum of 3.00%, (c) with respect to any ABR Loan
(other than a Tranche 2 Term Loan, a Tranche 3 Term Loan, an Other
Revolving Loan or an Other Term Loan) or Eurodollar Loan (other than a
Tranche 2 Term Loan, a Tranche 3 Term Loan, an Other Revolving Loan or an
Other Term Loan), as the case may be, (i) from June 26, 2009 through
November 28, 2009, (A) 3.50% in the case of any ABR Loan and 4.50% in the case
of any Eurodollar Loan and (ii) thereafter, the applicable rate per annum set
forth below (expressed in basis points) under the caption “ABR Spread” or
“Eurodollar Spread”, as the case may be, in each case based upon the Average
Revolver Availability determined as of the most recent Adjustment Date,
(d) with respect to any Other Revolving Loan or Other Term Loan, the
“Applicable Rate” set forth in the Refinancing Amendment or Loan Modification
Agreement relating thereto and (e) with respect to the commitment fees payable
hereunder, (i) from June 26, 2009 through November 28, 2009, 1.00% and (ii)
thereafter, the applicable rate per annum set forth below (expressed in basis
points) under the caption “Commitment Fee Rate”, based upon the Average Revolver
Availability determined as of the most recent Adjustment Date:
RATING:
|
ABR
Spread
(bps)
|
Eurodollar
Spread
(bps)
|
Category
1
Average
Revolver Availability greater than $650,000,000
|
325
|
425
|
Category
2
Average
Revolver Availability greater than $350,000,000 but less than or equal
to $650,000,000
|
350
|
450
|
Category
3
Average
Revolver Availability less than or equal
to $350,000,000
|
375
|
475
|
RATING
|
Commitment Fee
Rate
(bps)
|
|
Category
1
Average
Revolver Availability greater than $500,000,000
|
100bps
|
|
Category
2
Average
Revolver Availability less than or equal
to $500,000,000
|
75bps
|
(c) The
definition of the term “LIBO Rate” set forth in Section 1.01 of the Credit
Agreement is hereby amended by (i) inserting in the last sentence thereof
immediately after the text “Notwithstanding the foregoing,” the text “(a)” and
(ii) replacing the period at the end of the last sentence thereof with the
following text: “ and (b) solely for purposes of calculating interest in respect
of any Revolving Loan that is a Eurodollar Loan, the LIBO Rate in respect of any
applicable Interest Period will be deemed to be 3.00% per annum if the LIBO Rate
for such Interest Period calculated pursuant to the foregoing provisions would
otherwise be less than 3.00% per annum.”
(d) The definition of the term “Xxxxxxxxx/Xxxxxxx 0 Xxxx
Xxxxxxxx Date” set forth in
Section 1.01 of the Credit Agreement is hereby deleted and replaced with the
following definition (which shall be placed in the appropriate alphabetical
order):
“Revolving Maturity
Date” means September 30, 2012.
Each
reference in the Credit Agreement to “Revolving/Tranche 1 Term Maturity Date”
shall be replaced with a reference to “Revolving Maturity Date”.
(e) Section 2.12(a) of the Credit Agreement
is hereby amended by deleting the text “rate of 0.25%” set forth therein and inserting in its place the
text “Applicable
Rate”.
SECTION
1.2. Revolving
Commitments. ii) Subject to the terms and conditions set forth herein,
effective as of the Amendment
Effective Date, all Revolving Commitments in effect immediately prior to
the Amendment Effective Date (the “Existing Revolving
Commitments”) will be terminated pursuant to Section 2.08(b) of the
Credit Agreement; provided, however, that the
foregoing shall not affect (i) the LC Commitment of any Issuing Bank or (ii) the
obligation of the Swingline Lender to make Swingline Loans pursuant to Section
2.04 of the Credit Agreement, in each case as in effect immediately prior to the
Amendment Effective Date.
(b) Subject
to the terms and conditions set forth herein, on the Amendment Effective Date,
simultaneously with the termination of the Revolving Commitments pursuant to
clause
(a) above, (i) each Lender that has executed and delivered to the
Administrative Agent, on or prior to the Amendment Effective Date, a signature
page to this Amendment as a “New Revolving Lender” shall become or continue to
be, as applicable, a Revolving Lender and a Lender under the Credit Agreement and (ii) the “Revolving
Commitment” of each New Revolving Lender (the “New Revolving
Commitments”) will be the amount of the commitment set forth with respect
to such New Revolving Lender on Annex I hereto. The New Revolving
Commitments of the New Revolving Lenders are several and no New Revolving Lender
shall be responsible for any other New Revolving Lender’s failure to make
Revolving Loans.
(c) For
all purposes of the Senior Loan Documents, (i) the Revolving Commitment of each
New Revolving Lender, and the Loans made by each New Revolving Lender pursuant
to such Revolving Commitments, shall constitute a “Revolving Commitment” and
“Revolving Loans”, respectively, under the Credit Agreement and (ii) all Letters
of Credit issued prior to the Amendment Effective Date shall continue to be
Letters of Credit issued pursuant to the Credit Agreement.
(d) The
termination of the Existing Revolving Commitments pursuant to
Section 1.2(a) above, and the effectiveness of the New Revolving
Commitments pursuant to Section 1.2(b) above, in each case on the Amendment
Effective Date, are subject to the satisfaction of the following
conditions:
(i)
After giving effect to such termination and effectiveness and the borrowing of
Revolving Loans on the Amendment Effective Date, the conditions set forth in
paragraphs (a), (b) and (c) of Section 4.02 of the Credit Agreement
shall be satisfied on and as of the Amendment Effective Date, and the New
Revolving Lenders shall have received a certificate of a Financial Officer dated
the Amendment Effective Date to such effect.
(ii)
The Collateral and Guarantee Requirement shall have been satisfied.
(iii)
The Administrative Agent shall have received a favorable legal opinion of each
of (i) Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, counsel to the
Borrower and (ii) Xxxx Xxxxxxxxx, General Counsel of the Borrower, in each
case addressed to the Administrative Agent and the Lenders under the Credit
Agreement, including the New Revolving Lenders, and dated the Amendment
Effective Date, in substantially the forms delivered in connection with
Refinancing Amendment No. 1, modified, however, to address the New Revolving
Commitments and this Amendment, and covering such other matters relating to the
Loan Parties, the other Senior Loan Documents, the Senior Collateral and the
transactions contemplated hereby to occur on the Amendment Effective Date as the
Administrative Agent may reasonably request, and otherwise reasonably
satisfactory to the Administrative Agent. The Borrower hereby
requests such counsel to deliver such opinions.
(iv)
The Administrative Agent shall have received such documents and certificates as
the Administrative Agent or its counsel may reasonably request relating to the
good standing of the Borrower and the organization and existence of each Loan
Party, the organizational documents of each Loan Party, the resolutions of each
Loan
Party
that authorize the transactions contemplated hereby, the incumbency and
authority of the Person or Persons executing and delivering the Amendment and
the other documents contemplated hereby, all in form and substance reasonably
satisfactory to the Administrative Agent.
(v)
The Administrative Agent shall
have received a certificate, dated the Amendment Effective Date and signed by a
Financial Officer of the Borrower, certifying that the representations and
warranties set forth in Section 2.1 hereof are true and correct as of the
Amendment Effective Date.
(vi)
If any Revolving Loans are to be made on the Amendment Effective Date, the
Administrative Agent shall have received a borrowing request in a form
acceptable to the Administrative Agent requesting that the New Revolving Lenders
make the Revolving Loans to be made to the Borrower on the Amendment Effective
Date.
(vii)
After giving effect to the borrowing of Revolving Loans on the Amendment
Effective Date, the Borrowing Base Amount on the Amendment Effective Date shall
be no less than the sum of (A) the aggregate principal amount of Loans
outstanding on the Amendment Effective Date, (B) the LC Exposure on the
Amendment Effective Date and (C) any Additional Senior Debt outstanding on the
Amendment Effective Date. The Administrative Agent and the Borrowing
Base Agent shall have received a completed Borrowing Base Certificate dated the
Amendment Effective Date and signed by a Financial Officer.
(viii)
The conditions to effectiveness of this Amendment set forth in Section 1.3
hereof (other than paragraph (b) thereof) shall have been
satisfied.
(ix)
Each Subsidiary Guarantor shall
have entered into a Reaffirmation Agreement pursuant to which such Subsidiary
Guarantor reaffirms its obligations under the Senior Subsidiary Guarantee
Agreement and the other Senior Collateral Documents, in form and substance
reasonably satisfactory to the Administrative Agent.
SECTION
1.3. Amendment
Effectiveness. The Amendment shall become effective as of the
first date (the “Amendment Effective
Date”) on which the following conditions have been
satisfied:
(a) The
Administrative Agent (or its counsel) shall have received duly executed
counterparts hereof that, when taken together, bear the signatures of
(i) the Borrower, (ii) each Subsidiary Loan Party, (iii) each New
Revolving Lender and (iv) the Administrative Agent. The
aggregate amount of Revolving Commitments shall constitute Refinancing
Indebtedness permitted by the Restated Credit Agreement.
(b) The
conditions to the effectiveness of the New Revolving Commitments set forth in
Section 1.2(d) hereof (other than clause (viii) thereof) shall have been
satisfied.
(c) The Borrower shall have obtained
Revolving Commitments, Other Term Loans and gross proceeds of Permitted First Priority Debt (or any
combination of the foregoing) in an aggregate amount of not less than
$1,895,000,000.
(d) The principal of and accrued and unpaid
interest on all outstanding Revolving Loans, Swingline Loans and LC
Disbursements, and all accrued and unpaid fees payable pursuant to
Section 2.12(a) or (b) of the Credit Agreement, in each as of the Amendment
Effective Date, and all amounts
owed in respect of such prepayments pursuant to Section 2.16 of the Credit
Agreement, shall have been (or substantially simultaneously with
the effectiveness of the New Revolving Commitments shall be) paid in full, and the Administrative
Agent shall have received evidence reasonably satisfactory to it
of such
payment.
(e) To
the extent invoiced prior to the Amendment Effective Date, the Administrative
Agent and the Borrowing Base Agents shall have received payment or reimbursement
of their reasonable out-of-pocket expenses in connection with this Amendment,
including the reasonable fees, charges and disbursements of counsel for the
Administrative Agent and the Borrowing Base Agents.
(f) To
the extent invoiced prior to the Amendment Effective Date, Citigroup Global
Markets Inc. shall have received, for the account of the New Revolving Lenders,
payment of all fees owed to such New Revolving Lenders by the Borrower on the
Amendment Effective Date in connection with this Amendment and the transactions
contemplated hereby.
The
Administrative Agent shall notify the Borrower, the New Revolving Lenders and
the other Lenders of the Amendment Effective Date and such notice shall be
conclusive and binding. Notwithstanding the foregoing, the amendment
effected hereby shall not become effective, and the obligations of the New
Revolving Lenders hereunder to provide the New Revolving Commitments will
automatically terminate, if each of the conditions set forth or referred to in
Sections 1.2(d) and 1.3 hereof has not been satisfied at or prior to
11:59 p.m., New York City time, on June 26, 2009.
ARTICLE
II
Miscellaneous
SECTION
2.1. Representations and
Warranties. iii)To induce the other parties hereto to enter
into this Amendment, the Borrower represents and warrants to each of the
Lenders, including the New Revolving Lenders, and the Administrative Agent that,
as of the Amendment Effective Date and after giving effect to the transactions
and amendments to occur on the Amendment Effective Date:
(i)
This Amendment has been duly authorized, executed and delivered by the Borrower
and constitutes, and the Credit Agreement, as amended hereby on the Amendment
Effective Date, will constitute, its legal, valid and binding obligation,
enforceable against it in accordance with its terms, subject to applicable
bankruptcy,
insolvency,
reorganization, moratorium or other laws affecting creditors’ rights generally
and subject to general principles of equity, regardless of whether considered in
a proceeding in equity or at law.
SECTION
2.2. Effect
of Amendment. iv)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
Agents under the Credit Agreement or any other Senior Loan Document,
and shall not alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Credit
Agreement or any other Senior Loan Document, all of which are ratified and
affirmed in all respects and shall continue in full force and
effect. Nothing herein shall be deemed to entitle any Loan Party to a
consent to, or a waiver, amendment, modification or other change of, any of the
terms, conditions, obligations, covenants or agreements contained in the Credit
Agreement or any other Senior Loan Document in similar or different
circumstances. This Amendment shall apply to and be effective only
with respect to the provisions of the Credit Agreement and the other Senior Loan
Documents specifically referred to herein.
(b) On
and after the Amendment Effective Date, each reference in the Credit Agreement
to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import,
and each reference to the Credit Agreement, “thereunder”, “thereof”, “therein”
or words of like import in any other Senior Loan Document, shall be deemed a
reference to the Credit Agreement, as amended hereby. This Amendment
shall constitute a “Senior Loan Document” for all purposes of the Credit
Agreement and the other Senior Loan Documents.
SECTION
2.3. Governing
Law. This
Amendment shall be governed by and construed in accordance with the laws of the
State of New York.
SECTION
2.4. Costs
and Expenses. The Borrower agrees to reimburse the
Administrative Agent and other Persons designated by the Borrower as “Arrangers”
in respect of this Amendment for their respective reasonable out-of-pocket
expenses in connection with this Amendment, including the reasonable fees,
charges and disbursements of counsel for the Administrative Agent and such other
Persons.
SECTION
2.5. Counterparts. This
Amendment may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed and delivered
shall be deemed an original, but all such counterparts together shall constitute
but one and the same instrument. Delivery of any executed counterpart
of a signature page of this Amendment by facsimile transmission or other
electronic imaging means shall be effective as delivery of a manually executed
counterpart hereof.
SECTION
2.6. Headings. The
headings of this Amendment are for purposes of reference only and shall not
limit or otherwise affect the meaning hereof.
IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their officers as of the date first above
written.
RITE
AID CORPORATION,
|
||
by
|
||
/s/
Xxxxx Xxxxxxx
|
||
Name:
Xxxxx Xxxxxxx
|
||
Title: Senior
Executive Vice President,
Chief
Financial Officer and Chief
Administrative
Officer
|
EACH
OF THE SUBSIDIARIES LISTED ON SCHEDULE A HERETO,
|
||
by
|
||
/s/
Xxxx Xxxxxxxxx
|
||
Name:
Xxxx Xxxxxxxxx
|
||
Title: Senior
Vice President & Assistant
Secretary
|
EACH
OF THE SUBSIDIARIES LISTED ON SCHEDULE B HERETO,
|
||
by
|
||
/s/
Xxxx Xxxxxxxxx
|
||
Name:
Xxxx Xxxxxxxxx
|
||
Title: Authorized
Signatory
|
CITICORP
NORTH AMERICA, INC.,
individually
and as Administrative Agent and Collateral Processing
Agent,
|
||
by
|
||
/s/
Xxxxxxx Xxxxxx
|
||
Name: Xxxxxxx
Xxxxxx
|
||
Title: Vice
President
|
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
Xxxx
Xxxxxx Bank
|
||
by
|
||
/s/ Kavian Boots
|
||
Name: Kavian Boots | ||
Title: Managing Director |
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
PNC
Bank, National Association
|
||
by
|
||
/s/ Xxxx Xxxxx
|
||
Name: Xxxx Xxxxx | ||
Title: Vice President |
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
Bank
of America, N.A.
|
||
by
|
||
/s/ Xxxxxxx X. Xxxx, Xx.
|
||
Name: Xxxxxxx X. Xxxx, Xx. | ||
Title: Managing Director |
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
Xxxxx
Fargo Retail Finance, LLC
|
||
by
|
||
/s/ Xxxxxxxx X. Xxxxxxxxxx
|
||
Name: Xxxxxxxx X. Xxxxxxxxxx | ||
Title: Assistant Vice President |
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
GMAC
COMMERCIAL FINANCE LLC, for itself and as Master Servicer on behalf of XX
Xxxxxxxxx, LLC
|
||
by
|
||
/s/ Xxxxxxx Xxxxxxxx
|
||
Name: Xxxxxxx Xxxxxxxx | ||
Title: Vice President |
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
General
Electric Capital Corporation
|
||
by
|
||
/s/ Xxxxx X. Xxxxxxxx
|
||
Name: Xxxxx X. Xxxxxxxx | ||
Title: Duly Authorized Signatory |
New
Revolving Lender signature page to
|
|
the
Refinancing Amendment No. 2 to the Rite Aid Credit
Agreement
|
To
approve the Amendment:
U.S.
Bank National Association
|
||
by
|
||
/s/ Xxxxxxx Xxxxxx
|
||
Name: Xxxxxxx Xxxxxx | ||
Title: Assistant Vice President |
Schedule
A
SUBSIDIARY
GUARANTORS
1.
|
000
Xxxxxxxx Xxxxxx Xxxxxxx, LLC
|
2.
|
0000
Xxxx Xxxxx Xxxxxx Xxxxx, Xxxxx, LLC
|
3.
|
1740
Associates, L.L.C.
|
4.
|
0000
Xxxxxx Xxxx Xxxx–Xxxxxxxxxx Corp.
|
5.
|
0000
Xxxxxxxxxxxx Xxxxxx Xxxx – Xxxxxxxxxxxx Xxxx,
Inc.
|
6.
|
5277
Associates, Inc.
|
7.
|
000
Xxx Xxxxxx Corp.
|
8.
|
5600
Superior Properties, Inc.
|
9.
|
000-000
Xxxxx Xx. Corp.
|
10.
|
000
Xxxxx Xxxxxxxx-Xxxxxx, Ohio, LLC
|
11.
|
Xxx
& Government Streets - Mobile, Alabama,
LLC
|
12.
|
Apex
Drug Stores, Inc.
|
13.
|
Broadview
and Wallings-Broadview Heights Ohio,
Inc.
|
14.
|
Xxxxxx
Pharmacy, Inc.
|
15.
|
Central
Avenue and Main Street – Petal, MS,
LLC
|
16.
|
Eagle
Managed Care Corp.
|
17.
|
Eckerd
Corporation
|
18.
|
Eckerd
Fleet, Inc.
|
19.
|
EDC
Drug Stores, Inc.
|
20.
|
Eighth
and Water Streets – Urichsville, Ohio,
LLC
|
21.
|
England
Street-Asheland Corporation
|
22.
|
Fairground,
L.L.C.
|
23.
|
GDF,
Inc.
|
24.
|
Xxxxxxxx
Drug Stores, Inc.
|
25.
|
Gettysburg
and Xxxxxx-Dayton, Ohio, LLC
|
26.
|
Harco,
Inc.
|
27.
|
K
& B Alabama Corporation
|
28.
|
K
& B Louisiana Corporation
|
29.
|
K
& B Mississippi Corporation
|
30.
|
K
& B Services, Incorporated
|
31.
|
K
& B Tennessee Corporation
|
32.
|
K&B
Texas Corporation
|
33.
|
K
& B, Incorporated
|
34.
|
Keystone
Centers, Inc.
|
35.
|
Lakehurst
and Broadway Corporation
|
36.
|
Maxi
Drug North, Inc.
|
37.
|
Maxi
Drug South, L.P.
|
38.
|
Maxi
Drug, Inc.
|
39.
|
Maxi
Green Inc.
|
40.
|
Xxxxxxxx
& Chillicothe Roads – Chesterland,
LLC
|
41.
|
MC
Woonsocket, Inc.
|
42.
|
Xxxxxx
& Xxxxxxx, LLC
|
43.
|
Name
Rite, L.L.C.
|
44.
|
Northline
& Xxx – Toledo – Southgate, LLC
|
45.
|
P.J.C.
Distribution, Inc.
|
46.
|
P.J.C.
Realty Co., Inc.
|
47.
|
Xxxxxx
Drive and Navy Boulevard Property
Corporation
|
48.
|
Paw
Paw Lake Road & Paw Paw Avenue–Coloma, Michigan,
LLC
|
49.
|
PDS-1
Michigan, Inc.
|
50.
|
Perry
Distributors, Inc.
|
51.
|
Perry
Drug Stores, Inc.
|
52.
|
PJC
Dorchester Realty LLC
|
53.
|
PJC
East Lyme Realty LLC
|
54.
|
PJC
Haverhill Realty LLC
|
55.
|
PJC
Hermitage Realty LLC
|
56.
|
PJC
Hyde Park Realty LLC
|
57.
|
PJC
Lease Holdings, Inc.
|
58.
|
PJC
Manchester Realty LLC
|
59.
|
PJC
Mansfield Realty LLC
|
60.
|
PJC
New London Realty LLC
|
61.
|
PJC
of Cranston, Inc.
|
62.
|
PJC
of East Providence, Inc.
|
63.
|
PJC
of Massachusetts, Inc.
|
64.
|
PJC
of Rhode Island, Inc.
|
65.
|
PJC
of Vermont Inc.
|
66.
|
P.J.C.
of West Warwick, Inc.
|
67.
|
PJC
Peterborough Realty LLC
|
68.
|
PJC
Providence Realty LLC
|
69.
|
PJC
Realty MA, Inc.
|
70.
|
PJC
Realty N.E. LLC
|
71.
|
PJC
Revere Realty LLC
|
72.
|
PJC
Special Realty Holdings, Inc.
|
73.
|
Ram-Utica,
Inc.
|
74.
|
RDS
Detroit, Inc.
|
75.
|
Read's
Inc.
|
76.
|
Rite
Aid Drug Palace, Inc.
|
77.
|
Rite
Aid Hdqtrs. Corp.
|
78.
|
Rite
Aid of Alabama, Inc.
|
79.
|
Rite
Aid of Connecticut, Inc.
|
80.
|
Rite
Aid of Delaware, Inc.
|
81.
|
Rite
Aid of Florida, Inc.
|
82.
|
Rite
Aid of Georgia, Inc.
|
83.
|
Rite
Aid of Illinois, Inc.
|
84.
|
Rite
Aid of Indiana, Inc.
|
85.
|
Rite
Aid of Kentucky, Inc.
|
86.
|
Rite
Aid of Maine, Inc.
|
87.
|
Rite
Aid of Maryland, Inc.
|
88.
|
Rite
Aid of Massachusetts, Inc.
|
89.
|
Rite
Aid of Michigan, Inc.
|
90.
|
Rite
Aid of New Hampshire, Inc.
|
91.
|
Rite
Aid of New Jersey, Inc.
|
92.
|
Rite
Aid of New York, Inc.
|
93.
|
Rite
Aid of North Carolina, Inc.
|
94.
|
Rite
Aid of Ohio, Inc.
|
95.
|
Rite
Aid of Pennsylvania, Inc.
|
96.
|
Rite
Aid of South Carolina, Inc.
|
97.
|
Rite
Aid of Tennessee, Inc.
|
98.
|
Rite
Aid of Vermont, Inc.
|
99.
|
Rite
Aid of Virginia, Inc.
|
100.
|
Rite
Aid of Washington, D.C., Inc.
|
101.
|
Rite
Aid of West Virginia, Inc.
|
102.
|
Rite
Aid Realty Corp.
|
103.
|
Rite
Aid Rome Distribution Center, Inc.
|
104.
|
Rite
Aid Services, L.L.C.
|
105.
|
Rite
Aid Transport, Inc.
|
106.
|
RX
Choice, Inc.
|
107.
|
Seven
Mile and Evergreen – Detroit, LLC
|
108.
|
Silver
Springs Road – Baltimore, Maryland/One,
LLC
|
109.
|
Silver
Springs Road – Baltimore, Maryland/Two,
LLC
|
110.
|
State
& Fortification Streets – Jackson, Mississippi,
LLC
|
000.
|
Xxxxx
Xxxxxx and Hill Road – Xxxxxx, Ohio,
LLC
|
112.
|
The
Lane Drug Company
|
113.
|
Thrift
Drug Services, Inc.
|
114.
|
Thrift
Drug, Inc.
|
115.
|
Thrifty
Corporation
|
116.
|
Thrifty
PayLess, Inc.
|
117.
|
Tyler
and Xxxxxxx Roads, Birmingham – Alabama,
LLC
|
118.
|
Rite
Aid Payroll Management, Inc.
|
119.
|
Rite
Aid Online Store, Inc.
|
Schedule B
Subsidiary
Guarantors
1.
|
|
Rite
Fund, Inc.
|
2.
|
|
Rite
Investments Corp.
|
3.
|
|
Rite
Aid Hdqtrs. Funding, Inc.
|
4.
|
|
EDC
Licensing, Inc.
|
5.
|
|
JCG
Holdings (USA), Inc.
|
6.
|
|
JCG
(PJC) USA, LLC
|
7.
|
|
The
Xxxx Xxxxx Group (PJC) USA, Inc.
|