AMENDMENT NO. 1 TO NOTE PURCHASE AGREEMENT
Exhibit 10.1
AMENDMENT NO. 1 TO NOTE PURCHASE AGREEMENT
This Amendment No. 1 to Note Purchase Agreement (this Amendment) is dated as of November 9, 2007 and amends that certain Note Purchase Agreement dated as of November 6, 2007 (the Purchase Agreement), by and among The Providence Service Corporation, a Delaware corporation (the Company), and the Purchasers, as defined therein. Capitalized terms used herein and not otherwise defined shall have the meanings assigned in the Purchase Agreement.
WHEREAS, the Company and the Purchasers have entered into the Purchase Agreement for the purpose of the Companys issuance and sale of the Notes.
WHEREAS, the Company and the Purchasers desire to amend the Purchase Agreement as set forth herein.
NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties agree as follows.
1. Amendments to Purchase Agreement
1.1 Section 6.1(d) is hereby deleted in its entirety and replace with the following:
(d) [Reserved].
1.2 Section 6.2(f) is hereby deleted in its entirety.
2. It is hereby agreed and acknowledged by the Company and the Purchasers that the Escrow Agreement, in the form attached as Exhibit C to the Purchase Agreement, will be modified as follows: (i) the Notes will not be deposited in escrow; (ii) the Trustee shall act on behalf of, and for the benefit of, the Purchasers; and (iii) the Purchasers will not be parties to the Escrow Agreement.
3. The amendments to the Purchase Agreement shall be effective upon execution of this Amendment.
4. Except as explicitly amended hereby, the Purchase Agreement shall remain in full force and effect.
5. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their authorized officers as of the day and year first above written.
The Providence Service Corporation | ||||
By: | /s/ Fletcher J. McCusker | |||
Name: | Fletcher J. McCusker | |||
Title: | Chairman and Chief Executive Officer |
Aristeia International Limited | ||||
By: | /s/ Chong Park | |||
Name: | Chong Park | |||
Title: | Portfolio Manager, Direct Investments, | |||
Aristeia Capital, L.L.C., its Investment Manager |
Aristeia Partners, L.P. | ||||
By: | /s/ Chong Park | |||
Name: | Chong Park | |||
Title: | Portfolio Manager, Direct Investments, | |||
Aristeia Capital, L.L.C. |
Aristeia Special Investments Master, L.P. | ||||
By: | /s/ Chong Park | |||
Name: | Chong Park | |||
Title: | Portfolio Manager, Direct Investments, | |||
Aristeia Capital, L.L.C., its Investment Manager |
CC Arbitrage Ltd. | ||||
By: | /s/ Allan Weine | |||
Name: | Allan Weine | |||
Title: | Managing Director |
CQS Convertible and Quantitative Strategies Master Fund Limited | ||||
By: | /s/ Alanna Lee | |||
Name: | Alanna Lee | |||
Title: | Authorised Signatory of CQS (UK) LLP |
Deutsche Bank AG, London Branch | ||||
By: | /s/ Jeremy Benkiewicz | |||
Name: | Jeremy Benkiewicz | |||
Title: | Managing Director |
Deutsche Bank AG, London Branch | ||||
By: | /s/ George Pan | |||
Name: | George Pan | |||
Title: | Managing Director |
Fore Convertible Master Fund Ltd. | ||||||
By: | Fore Research & Management, LP | |||||
By: | /s/ Daniel Agranoff | |||||
Name: | Daniel Agranoff | |||||
Title: | Chief Financial Officer |
GLG Market Neutral Fund | ||||||
By: | GLG Partners LP as Investment Manager of | |||||
GLG Market Neutral Fund | ||||||
By: | /s/ Simon White | |||||
Name: | Simon White | |||||
Title: | Chief Operating Officer | |||||
GLG Partners LP |
Highbridge International LLC | ||||||
By: | Highbridge Capital Management, LLC, as trading manager | |||||
By: | /s/ Noah Greenhill | |||||
Name: | Noah Greenhill | |||||
Title: | Managing Director |
Steelhead Investments Ltd. | ||||||
By: | HBK Services LLC, Investment Advisor | |||||
By: | /s/ J. Baker Gentry, Jr. | |||||
Name: | J. Baker Gentry, Jr. | |||||
Title: | Authorized Signatory |
Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio | ||||||||||
By: | RG Capital Management, L.P. | |||||||||
By: | RGC Management Company, LLC | |||||||||
By: | /s/ Gerald F. Stahlecker | |||||||||
Name: | Gerald F. Stahlecker | |||||||||
Title: | Managing Director |
Kings Road Investments Ltd. | ||||
By: | /s/ Erik Caspersen | |||
Name: | Erik Caspersen | |||
Title: | Authorized Signatory |