AMENDED AND RESTATED CREDIT AGREEMENT Dated as of November 8, 2019 among RAVEN INDUSTRIES, INC., as the Borrower, CERTAIN SUBSIDIARIES OF THE COMPANY, as Designated Borrowers, CERTAIN SUBSIDIARIES OF THE BORROWER PARTY HERETO, as the Guarantors, BANK...Credit Agreement • March 26th, 2020 • Raven Industries Inc • Unsupported plastics film & sheet • New York
Page ARTICLE I DEFINITIONS AND ACCOUNTING TERMS 1 1.01 Defined Terms 1 1.02 Other Interpretive Provisions 35 1.03 Accounting Terms 36 1.04 Rounding 37 1.05 Times of Day 37 1.06 Letter of Credit Amounts 37 1.07 UCC Terms. 37 1.08 Exchange Rates; Currency Equivalents 37 1.09 Additional Alternative Currencies 38 1.10 Change of Currency 39 ARTICLE II COMMITMENTS AND CREDIT EXTENSIONS 39 2.01 Loans 39 2.02 Borrowings, Conversions and Continuations of Loans 40 2.03 Letters of Credit 41 2.04 Swingline Loans 51 2.05 Prepayments 54 2.06 Termination or Reduction of Commitments 55 2.07 Repayment of Loans 56 2.08 Interest and Default Rate 56 2.09 Fees 57 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 58 2.11 Evidence of Debt 58 2.12 Payments Generally; Administrative Agent’s Clawback 59 2.13 Sharing of Payments by Lenders 61 2.14 Cash Collateral 62 2.15 Defaulting Lenders 63 2.16 Designated Borrowers 65 2.17 Designated Lenders 66 2.18 Increase in Revolving Facili
RAVEN INDUSTRIES, INC. Restricted Stock Unit Award AgreementRestricted Stock Unit Award Agreement • March 26th, 2020 • Raven Industries Inc • Unsupported plastics film & sheet • South Dakota
Raven Industries, Inc. (the “Company”), pursuant to its 2019 Equity Incentive Plan (the “Plan”), hereby grants an award of Restricted Stock Units to you, the Participant named below. The terms and conditions of this Award are set forth in this Restricted Stock Unit Award Agreement (the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages, and in the Plan document, a copy of which has been provided to you. Any capitalized term that is used but not defined in this Agreement shall have the meaning assigned to it in the Plan as it currently exists or as it is amended in the future.
RAVEN INDUSTRIES, INC. Performance Stock Unit AgreementPerformance Stock Unit Agreement • March 26th, 2020 • Raven Industries Inc • Unsupported plastics film & sheet • South Dakota
Raven Industries, Inc. (the “Company”), pursuant to its 2019 Equity Incentive Plan (the “Plan”), hereby grants an award of Performance Stock Units to you, the Participant named below. The terms and conditions of this Award are set forth in this Performance Stock Unit Agreement (the “Agreement”), consisting of this cover page, the Terms and Conditions on the following pages and the attached Exhibit A, and in the Plan document, a copy of which has been provided to you. Any capitalized term that is used but not defined in this Agreement shall have the meaning assigned to it in the Plan as it currently exists or as it is amended in the future.
