AMENDED AND RESTATED TERM LOAN CREDIT AGREEMENT among TEAM, INC. as the Borrower, THE LENDERS FROM TIME TO TIME PARTY HERETO, and CANTOR FITZGERALD SECURITIES, as the Agent Dated as of June 16, 2023Term Loan Credit Agreement • June 20th, 2023 • Team Inc • Services-miscellaneous repair services • New York
This CREDIT AGREEMENT, is entered into as of June 16, 2023, among (i) TEAM, INC., a Delaware corporation (the “Borrower”), (ii) each of the lenders identified as a “Lender” on Annex A attached hereto (together with each of its respective successors and assigns, if any, each a “Lender” and, collectively, the “Lenders”), and (iii) Cantor Fitzgerald Securities, acting not individually but as agent on behalf of, and for the benefit of, the Lenders and all other Secured Parties (in such capacity, together with its successors and assigns, if any, in such capacity, herein called the “Agent”).
AMENDMENT NO. 3 TO CREDIT AGREEMENTCredit Agreement • June 20th, 2023 • Team Inc • Services-miscellaneous repair services • New York
This CREDIT AGREEMENT, is entered into as of February 11, 2022, among (i) TEAM, INC., a Delaware corporation, each other Person identified on Schedule 6.1(a) as a “Borrower” and each additional Person that is joined as a party hereto as a borrower by executing the form of Joinder attached hereto as Exhibit J-2 (each, a “Borrower” and collectively and jointly and severally, the “Borrowers”), (ii) each Person identified as a “Lender” on Annex A attached hereto (together with each of its respective successors and assigns, if any, each a “Lender” and, collectively, the “Lenders”), and (iii) ECLIPSE BUSINESS CAPITAL LLC, acting not individually but as agent on behalf of, and for the benefit of, the Lenders and all other Secured Parties (in such capacity, together with its successors and assigns, if any, in such capacity, the “Agent”).
BOARD RIGHTS AGREEMENTBoard Rights Agreement • June 20th, 2023 • Team Inc • Services-miscellaneous repair services • Delaware
This BOARD RIGHTS AGREEMENT (this “Agreement”), dated as of June 16, 2023, is entered into by and among (i) Team, Inc., a Delaware corporation (the “Company”), (ii) Corre Partners Management, LLC (“Corre” and, together with its Affiliates, including the Corre Holders (as defined below), the “Investors”), (iii) Corre Opportunities Qualified Master Fund, LP (the “Opportunities Qualified Master Fund”), (iv) Corre Horizon Fund, LP (the “Horizon Fund”) and (v) Corre Horizon Fund II, LP (together with the Opportunities Qualified Master Fund and the Horizon Fund, the “Corre Holders”).
