CREDIT AGREEMENTCredit Agreement • September 1st, 2009 • Sothebys • Services-business services, nec • New York
Contract Type FiledSeptember 1st, 2009 Company Industry JurisdictionThis CREDIT AGREEMENT (this “Agreement”), dated as of August 31, 2009, among Sotheby’s, a Delaware corporation (“Parent”), Sotheby’s, Inc., a New York corporation (“Sotheby’s, Inc.”), Sotheby’s Financial Services, Inc., a Nevada corporation (“SFS Inc.”), Sotheby’s Financial Services California, Inc., a Nevada corporation (“SFS California”), Oberon, Inc., a Delaware corporation (“Oberon”), Theta, Inc., a Delaware corporation (“Theta”), Sotheby’s Ventures, LLC, a New York limited liability company (“Ventures LLC” and, collectively with Parent, Sotheby’s, Inc., SFS Inc., SFS California, Oberon and Theta, the “U.S. Borrowers”), Oatshare Limited, a company registered in England (“Oatshare”), Sotheby’s, a company registered in England (“Sotheby’s U.K.”), and Sotheby’s Financial Services Limited, a company registered in England (“SFS Ltd.” and, collectively with Oatshare and Sotheby’s U.K., the “U.K. Borrowers” and, collectively with the U.S. Borrowers, the “Borrowers”); the other Credit Part