SIXTH AMENDMENT

EX-10.1 2 d380360dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

SIXTH AMENDMENT

THIS SIXTH AMENDMENT (this “Amendment”) dated as of July 12, 2012 to the Credit Agreement referenced below is by and among BRIGHTPOINT, INC., an Indiana corporation (the “Parent”), BRIGHTPOINT NORTH AMERICA L.P., a Delaware limited partnership (“Bright North America”), BRIGHTPOINT HOLDINGS B.V., a Netherlands company (“Bright Netherlands”), BRIGHTPOINT AUSTRALIA PTY. LTD., an Australian company (“Bright Australia”), BRIGHTPOINT EUROPE ApS, a Danish company (“Bright Denmark”; together with the Parent, Bright North America, Bright Netherlands and Bright Australia, collectively, the “Borrowers”), the Guarantors identified on the signature pages hereto, the Lenders identified on the signature pages hereto and BANK OF AMERICA, N.A., in its capacity as Administrative Agent (in such capacity, the “Administrative Agent”).

W I T N E S S E T H

WHEREAS, revolving credit and term loan facilities have been extended to the Borrowers pursuant to the Credit Agreement (as amended, modified, supplemented, increased and extended from time to time, the “Credit Agreement”) dated as of February 16, 2007 among the Borrowers, the Guarantors identified therein, the Lenders identified therein and the Administrative Agent;

WHEREAS, the Borrowers have requested certain modifications to the Credit Agreement; and

WHEREAS, the Required Lenders have approved the requested modifications on the terms and conditions set forth herein.

NOW, THEREFORE, IN CONSIDERATION of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

1. Defined Terms. Capitalized terms used herein but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement.

2. Amendment. In Section 1.01 of the Credit Agreement in the definition of “Change of Control” clause (c) is deleted in its entirety and revised to read “[Reserved]”.

3. Conditions Precedent. This Amendment shall become effective as of the date hereof upon receipt by the Administrative Agent of counterparts of this Amendment executed by the Borrowers, the Guarantors, the Required Lenders and the Administrative Agent.


4. Amendment is a “Loan Document”. This Amendment is a Loan Document and all references to a “Loan Document” in the Credit Agreement and the other Loan Documents (including, without limitation, all such references in the representations and warranties in the Credit Agreement and the other Loan Documents) shall be deemed to include this Amendment.

5. Reaffirmation of Representations and Warranties. Each Loan Party represents and warrants to the Administrative Agent and each Lender that after giving effect to this Amendment, (a) each of the representations and warranties of each Loan Party contained in the Credit Agreement or any other Loan Document are true and correct on and as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are be true and correct as of such earlier date, and (b) no Default exists.

6. Reaffirmation of Obligations. Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents, agreements and instruments executed in connection with this Amendment do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

7. Reaffirmation of Security Interests. Each Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment and all documents, agreements and instruments executed in connection with this Amendment do not in any manner impair or otherwise adversely effect any of the Liens granted in or pursuant to the Loan Documents.

8. No Other Changes. Except as modified hereby, all of the terms and provisions of the Loan Documents shall remain in full force and effect.

9. Counterparts; Delivery. This Amendment may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of this Amendment by facsimile or other electronic imaging means shall be effective as an original.

10. Governing Law. This Amendment shall be deemed to be a contract made under, and for all purposes shall be construed in accordance with, the laws of the State of New York.

[SIGNATURE PAGES FOLLOW]


IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Sixth Amendment to be duly executed and delivered as of the date first above written.

 

DOMESTIC BORROWERS:   BRIGHTPOINT, INC., an Indiana corporation
  By:  

/s/ Vincent Donargo

  Name:   Vincent Donargo
  Title:   Executive Vice President, Chief Financial Officer and Treasurer
    BRIGHTPOINT NORTH AMERICA L.P.,
  a Delaware limited partnership
  By:   BRIGHTPOINT NORTH AMERICA, INC.,
    an Indiana corporation, its general partner
    By:  

/s/ Vincent Donargo

    Name:   Vincent Donargo
    Title:   Executive Vice President, Chief Financial Officer and Treasurer

[SIGNATURE PAGES FOLLOW]


FOREIGN BORROWERS:    BRIGHTPOINT HOLDINGS B.V., a Netherlands company

 

  By:  

/s/ Craig M. Carpenter

 
  Name:   Craig M. Carpenter  
  Title:   Managing Director A  
  By:  

/s/ T. Huisman and A. Konijn

 
  Name:   Intertrust (Netherlands) B.V.  
  Title:   Managing Director B  
  BRIGHTPOINT EUROPE ApS, a Danish company  
  By:  

/s/ Craig M. Carpenter

 
  Name:   Craig M. Carpenter  
  Title:   Director  
  By:  

/s/ Vincent Donargo

 
  Name:   Vincent Donargo  
  Title:   Director  


EXECUTED by BRIGHTPOINT     )  

AUSTRALIA PTY LTD in accordance

with section 127(1) of the

    )  

Corporations Act 2001 (Cwlth) by

authority of its directors:

    )  
    )  
    )  

/s/ Craig M. Carpenter

     
    )  

/s/ Vincent Donargo

    )  
Signature of director      
    )  
    )   Signature of director
Craig M. Carpenter      
    )  
Name of director (block letters)      
    )   Vincent Donargo
    )   Name of director (block letters)

[SIGNATURE PAGES FOLLOW]


DOMESTIC GUARANTORS:   BRIGHTPOINT GLOBAL HOLDINGS II, INC., an Indiana corporation
  BRIGHTPOINT INTERNATIONAL LTD., a Delaware corporation
  BRIGHTPOINT NORTH AMERICA, INC., an Indiana corporation
  BRIGHTPOINT LATIN AMERICA, INC., an Indiana corporation
  BRIGHTPOINT THAILAND, INC., an Indiana corporation
  WIRELESS FULFILLMENT SERVICES HOLDINGS, INC.,
  a Delaware corporation
  By:  

/s/ Vincent Donargo

  Name:   Vincent Donargo
  Title:   Executive Vice President, Chief Financial Officer and Treasurer of each of the foregoing
  BPGH LLC, an Indiana limited liability company
  By:   BRIGHTPOINT INTERNATIONAL LTD.,
    a Delaware corporation, its sole member
    By:  

/s/ Vincent Donargo

    Name:   Vincent Donargo
    Title:   Executive Vice President, Chief Financial Officer and Treasurer
  BRIGHTPOINT SERVICES, LLC, an Indiana limited liability company
  By:   BRIGHTPOINT, INC., an Indiana corporation, its sole member
    By:  

/s/ Vincent Donargo

    Name:   Vincent Donargo
    Title:   Executive Vice President, Chief Financial Officer and Treasurer
  WIRELESS FULFILLMENT SERVICES LLC,
  a California limited liability company
  By:   BRIGHTPOINT, INC., an Indiana corporation, its Manager
    By:  

/s/ Vincent Donargo

    Name:   Vincent Donargo
    Title:   Executive Vice President, Chief Financial Officer and Treasurer


  2601 METROPOLIS LLC, an Indiana limited liability company
  By:    

/s/ Vincent Donargo

  Name:     Vincent Donargo
  Title:     Executive Vice President, Chief Financial Officer and Treasurer

[SIGNATURE PAGES FOLLOW]


  BRIGHTPOINT DISTRIBUTION LLC,
  an Indiana limited liability company
  By:   BRIGHTPOINT NORTH AMERICA L.P.,
    a Delaware limited partnership, its sole member
    By:   BRIGHTPOINT NORTH AMERICA, INC.,
      an Indiana corporation, its general partner
      By:  

/s/ Vincent Donargo

      Name:   Vincent Donargo
      Title:   Executive Vice President, Chief Financial Officer and Treasurer
  ACTIFY LLC, an Indiana limited liability company
  By:  

/s/ Vincent Donargo

  Name:   Vincent Donargo
  Title:  

Executive Vice President, Chief Financial Officer and

Treasurer

 

501 AIRTECH PARKWAY LLC, an Indiana limited liability

company

  By:  

/s/ Vincent Donargo

  Name:   Vincent Donargo
  Title:  

Executive Vice President, Chief Financial Officer and

Treasurer

  BRIGHTPOINT NORTH AMERICA SERVICES, LLC, an Indiana limited liability company
  By:  

/s/ Vincent Donargo

  Name:   Vincent Donargo
  Title:  

Executive Vice President, Chief Financial Officer and

Treasurer

[SIGNATURE PAGES FOLLOW]


  BRIGHTPOINT ALLPOINTS LLC, an Indiana limited liability company  
  By:  

/s/ Vincent Donargo

 
  Name:   Vincent Donargo  
  Title:   Executive Vice President, Chief Financial Officer and Treasurer  
 

TOUCHSTONE ACQUISITION LLC,

an Indiana limited liability company

 
  By:  

/s/ Vincent Donargo

 
  Name:   Vincent Donargo  
  Title:  

Executive Vice President, Chief Financial Officer and

Treasurer

 
 

TOUCHSTONE WIRELESS REPAIR AND LOGISTICS LP,

a Pennsylvania limited partnership

 
  By:   TOUCHSTONE ACQUISITION LLC,  
    an Indiana limited liability company, its general partner  
    By:  

/s/ Vincent Donargo

 
    Name:   Vincent Donargo  
    Title:   Executive Vice President, Chief Financial Officer and Treasurer  
 

BRIGHTPOINT DEVICE ENGINEERING SERVICES LLC,

an Indiana limited liability company

 
  By:  

/s/ Vincent Donargo

 
  Name:   Vincent Donargo  
  Title:  

Executive Vice President, Chief Financial Officer and

Treasurer

 

[SIGNATURE PAGES FOLLOW]


FOREIGN GUARANTORS:     BRIGHTPOINT GERMANY GMBH,  
    a company formed under the laws of Germany  
    By:  

/s/ Craig M. Carpenter

 
    Name:   Craig M. Carpenter  
    Title:   Managing Director  
    By:  

/s/ Vincent Donargo

 
    Name:   Vincent Donargo  
    Title:   Managing Director  
   

BRIGHTPOINT DENMARK A/S,

a company formed under the laws of Denmark

 
    By:  

/s/ Craig M. Carpenter

 
    Name:   Craig M. Carpenter  
    Title:   Director  
    By:  

/s/ Vincent Donargo

 
    Name:   Vincent Donargo  
    Title:   Director  
   

BRIGHTPOINT NETHERLANDS B.V.,

a company formed under the laws of The Netherlands

 
    By:  

/s/ Craig M. Carpenter

 
    Name:   Craig M. Carpenter  
    Title:   Director  
   

BRIGHTPOINT EUROPCO B.V.,

a company formed under the laws of The Netherlands

 
    By:  

/s/ Craig M. Carpenter

 
    Name:   Craig M. Carpenter  
    Title:   Managing Director A  
    By:  

/s/ T. Huisman and A. Kohijn

 
    Name:   Intertrust (Netherlands) B.V.  
    Title:   Managing Director B  


  BRIGHTPOINT SINGAPORE PTE LTD,  
  a company formed under the laws of Singapore,  
  By:  

/s/ Craig M. Carpenter

 
  Name:   Craig M. Carpenter  
  Title:   Director  

[SIGNATURE PAGES FOLLOW]


ADMINISTRATIVE AGENT:     BANK OF AMERICA, N.A., as Administrative Agent
    By:  

/s/ Lilliana Claar

    Name:   Lilliana Claar
    Title:   Vice President
DANISH SWING LINE LENDER:   BANC OF AMERICA SECURITIES LIMITED
    By:  

/s/ Gary Saint

    Name:   Gary Saint
    Title:   Vice President
AUSTRALIAN SWING LINE LENDER:     BANK OF AMERICA, N.A., SYDNEY BRANCH,
    as Australian Swing Line Lender
    By:  

 

    Name:  
    Title:  
L/C ISSUER:     THE ROYAL BANK OF SCOTLAND N.V.
    By:  

/s/ Alex Daw

    Name:   Alex Daw
    Title:   Director

[SIGNATURE PAGES FOLLOW]


LENDERS:     BANK OF AMERICA, N.A., as a Lender, L/C Issuer,  
    Domestic Swing Line Lender and as an International Swing Line Lender  
    By:  

/s/ Debra E. Delvecchio

 
    Name:   Debra E. Delvecchio  
    Title:   Managing Director  
    DNB NOR BANK ASA  
    By:  

/s/ Kristie Li

 
    Name:   Kristie Li  
    Title:   First Vice President  
    By:  

/s/ Kenrik Asland

 
    Name:   Henrik Asland  
    Title:   Senior Vice President  
    FIFTH THIRD BANK  
    By:  

/s/ Mike Giffiord

 
    Name:   Mike Gifford  
    Title:   Vice President  


  NORDEA BANK FINLAND PLC    
  By:  

/s/ Morgens R. Jensen

    By:  

/s/ Christer Svardh

  Name:   Morgens R. Jensen     Name:   Christer Svardh
  Title:   Senior Vice President     Title:   Senior Vice President
  PNC BANK, NATIONAL ASSOCIATION, as a Lender and as an International Swing Line Lender  
  By:  

 

     
  Name:        
  Title:        
  BNP PARIBAS    
  By:  

/s/ Todd Rogers

    By:  

/s/ Liz Cheng

  Name:   Todd Rogers     Name:   Liz Cheng
  Title:   Director     Title:   Vice President
  REGIONS BANK    
  By:  

 

     
  Name:        
  Title:        

[SIGNATURE PAGES FOLLOW]


  COMPASS BANK  
  By:  

/s/ Darren Abrams

 
  Name:   Darren Abrams  
  Title:   Vice President  
  DEUTSCHE BANK AG NEW YORK BRANCH  
  By:  

/s/ Marcus M. Tarkington

 
  Name:   Marcus M. Tarkington  
  Title:   Director  
  By:  

/s/ Courtney E. Meehan

 
  Name:   Courtney E. Meehan  
  Title:   Vice President  
  US BANK NATIONAL ASSOCIATION  
  By:  

/s/ Michael P. Dickman

 
  Name:   Michael P. Dickman  
  Title:   Vice President  
  THE HUNTINGTON NATIONAL BANK  
  By:  

/s/ Brian D. Smith

 
  Name:   Brian D. Smith  
  Title:   Senior Vice President