Tetra Tech Inc Sample Contracts

Tetra Tech Inc – NEWS RELEASE January 30, 2019 (January 30th, 2019)

Tetra Tech achieved its best first quarter in the Company’s history with record net revenue, operating income, adjusted EPS(1) and backlog.  Revenue and revenue, net of subcontractor costs(1) (net revenue), in the first quarter totaled $717 million and $553 million, respectively.  Operating income for the first quarter was $56 million, up 15% year-over-year.  EPS was $0.75 on a GAAP basis, however, excluding a non-recurring tax benefit, adjusted EPS was $0.70, up 8% year-over-year.  Backlog at the end of the quarter was a record $2.79 billion, up 15% year-over-year.

Tetra Tech Inc – NEWS RELEASE November 7, 2018 (November 7th, 2018)

Pasadena, California. Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the fourth quarter and fiscal year ended September 30, 2018.

Tetra Tech Inc – SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated as of July 30, 2018 among TETRA TECH, INC., TETRA TECH CANADA HOLDING CORPORATION, COFFEY UK LIMITED, COFFEY SERVICES AUSTRALIA PTY. LTD. and CERTAIN OTHER SUBSIDIARIES, as Borrowers, THE LENDERS PARTY HERETO, (August 1st, 2018)

This SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is entered into as of July 30, 2018, among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION, COFFEY UK LIMITED, COFFEY SERVICES AUSTRALIA PTY. LTD. and CERTAIN OTHER SUBSIDIARIES OF THE COMPANY PARTY HERETO PURSUANT TO SECTION 2.14 (each a “Designated Borrower” and, together with the Company, the “Borrowers” and, each a “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, U.S. BANK, NATIONAL ASSOCIATION, as L/C Issuer, and BANK OF MONTREAL, as L/C Issuer.

Tetra Tech Inc – NEWS RELEASE August 1, 2018 (August 1st, 2018)

For the third quarter, Tetra Tech achieved quarterly record high results for revenue and earnings. Revenue in the third quarter totaled $765 million, up 12% year-over-year.  For ongoing(1) operations, revenue totaled $761 million, and revenue, net of subcontractor costs(2) (net revenue), was $569 million, up 12% and 14%, respectively, year-over year.  Operating income for the third quarter was $55 million, and on an ongoing basis totaled $60 million, up 26% year-over-year.  EPS was $0.59 on a GAAP basis. Excluding a non-cash charge for the divestiture of non-core assets, ongoing EPS totaled $0.71, up 34% year-over-year.  Backlog at the end of the quarter was $2.4 billion.

Tetra Tech Inc – NEWS RELEASE May 2, 2018 (May 2nd, 2018)

For the second quarter, Tetra Tech’s results exceeded net revenue and diluted earnings per share (EPS) guidance. Revenue in the second quarter totaled $700 million.  For ongoing(1) operations, revenue totaled $699 million, and revenue, net of subcontractor costs(2) (net revenue), was $533 million.  Operating income for the second quarter was $43 million, and on an ongoing basis totaled $45 million.  EPS was $0.51, and on an ongoing basis totaled $0.54, up 13% year-over-year.  Backlog at the end of the quarter was $2.5 billion.

Tetra Tech Inc – TETRA TECH, INC. CHANGE OF CONTROL SEVERANCE PLAN (Effective March 26, 2018) (March 9th, 2018)
Tetra Tech Inc – NEWS RELEASE January 31, 2018 (January 31st, 2018)

For the first quarter, Tetra Tech generated record high quarterly revenue and diluted earnings per share (EPS).  Revenue in the first quarter totaled $760 million, up 14% year over year.  For ongoing operations(1), revenue totaled $753 million, and revenue, net of subcontractor costs(2) (net revenue), was $544 million, up 14% and 11%, respectively, compared to the same period in fiscal 2017.  Operating income for the first quarter was $49 million, and on an ongoing basis totaled $50 million, up 16% year over year.  EPS was $0.81; excluding the one-time benefit from revaluing deferred tax liabilities as a result of the new U.S. tax law enacted in December 2017, EPS from ongoing operations totaled $0.65, up 33% year over year.  Backlog at the end of the quarter was $2.43 billion.

Tetra Tech Inc – AMENDMENT NO. 5 TO CREDIT AGREEMENT (November 20th, 2017)

This AMENDMENT NO. 5 TO CREDIT AGREEMENT dated as of September 1, 2017 (this “Amendment”), is among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION, a Canadian corporation (together with the Company, collectively, the “Borrowers”), BANK OF AMERICA, N.A., in its capacities as the Administrative Agent (in such capacity, the “Administrative Agent”) and a Lender, each of the other Lenders party hereto and each of the Subsidiary Guarantors party hereto.

Tetra Tech Inc – AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT (November 22nd, 2016)

AMENDED AND RESTATED AGREEMENT by and between Tetra Tech, Inc., a Delaware corporation (the “Company”), and Dan L. Batrack (the “Executive”), dated as of November 7, 2016.

Tetra Tech Inc – AMENDMENT TO AMENDED AND RESTATED BYLAWS (Effective November 6, 2016) (November 10th, 2016)

The first sentence of Section 3.2 of ARTICLE III of the Company’s Amended and Restated Bylaws is amended in full to read as follows:

Tetra Tech Inc – AMENDMENT NO. 4 TO CREDIT AGREEMENT (July 29th, 2016)

This AMENDMENT NO. 4 TO CREDIT AGREEMENT dated as of July 14, 2016 (this “Amendment”), is among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION, a Canadian corporation (together with the Company, collectively, the “Borrowers”), BANK OF AMERICA, N.A., in its capacities as the Administrative Agent (in such capacity, the “Administrative Agent”) and a Lender, each of the other Lenders party hereto and each of the Subsidiary Guarantors party hereto.

Tetra Tech Inc – Tetra Tech Reports Third Quarter 2016 Results (July 28th, 2016)

Revenue in the third quarter totaled $667 million. For ongoing operations(1), revenue totaled $662 million, and revenue, net of subcontractor costs(2) (net revenue), was $496 million, up 19% and 20%, respectively, compared to the same period in fiscal 2015.  Operating income for the third quarter was $39 million, and on an ongoing basis totaled $44 million, up 8% compared to the previous year.  Earnings per share (EPS) were $0.44, and on an ongoing basis totaled $0.50, up 16% year over year.  Backlog of $2.3 billion was up 21% year over year.

Tetra Tech Inc – Tetra Tech Reports Second Quarter 2016 Results (April 28th, 2016)

The following presents results from ongoing operations(1) with year-over-year comparisons on a constant currency basis.  Revenue in the quarter was $617 million, and revenue, net of subcontractor costs(2) (net revenue), was $476 million, up 15% and 14%, respectively, in the second quarter of fiscal 2016 compared to the same period in fiscal 2015.  Operating income was $35 million and diluted earnings per share (EPS) were $0.37, up 29% and 36%, respectively, compared to the second quarter of fiscal 2015.  Backlog of $2.1 billion was up 18% year over year.

Tetra Tech Inc – Tetra Tech Reports First Quarter 2016 Results (January 28th, 2016)

The following presents results from ongoing operations(1) with year-over-year comparisons on a constant currency basis.  Revenue in the quarter was $540 million, and revenue, net of subcontractor costs(2) (net revenue), was $414 million, up 3% and 2%, respectively, in the first quarter of fiscal 2016 compared to the same period in fiscal 2015.  Operating income was $39 million and diluted earnings per share (EPS) were $0.42, up 1% and 2%, respectively, compared to the first quarter of fiscal 2015.  Cash generated from operations was $10 million, up 87% over the prior-year period.  Backlog of $1.8 billion was up 5% year over year.

Tetra Tech Inc – Tetra Tech Reports Fourth Quarter and Fiscal 2015 Results (November 12th, 2015)

Pasadena, California. Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the fourth quarter and fiscal year ended September 27, 2015.

Tetra Tech Inc – AMENDMENT NO. 3 TO CREDIT AGREEMENT (June 2nd, 2015)

This AMENDMENT NO. 3 TO CREDIT AGREEMENT dated as of May 29, 2015 (this “Amendment”), is among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION, a Canadian corporation (together with the Company, collectively, the “Borrowers”), BANK OF AMERICA, N.A., in its capacities as the Administrative Agent (in such capacity, the “Administrative Agent”), L/C Issuer and a Lender, U.S. BANK NATIONAL ASSOCIATION, in its capacities as L/C Issuer and a Lender, each of the other Lenders party hereto and each of the Subsidiary Guarantors party hereto.

Tetra Tech Inc – TETRA TECH, INC. 2015 EQUITY INCENTIVE PLAN (May 1st, 2015)
Tetra Tech Inc – Tetra Tech Reports Second Quarter Results (April 30th, 2015)

Revenue in the quarter was $564.8 million and revenue, net of subcontractor costs(1), was $432.8 million.  Revenue and revenue, net of subcontractor costs, in the quarter were both up 3% compared to the prior year, excluding the wind-down of the Remediation and Construction Management (“RCM”) segment and the impact from foreign currency translation.  Operating income was $30.4 million and diluted earnings per share (EPS) were $0.31.  Operating income adjusted for non-operational items(2) in the quarter compared to last year’s second quarter was up 26%, and EPS from operations(2) were up 45% compared to the second quarter of fiscal 2014.  Cash generated from operations was $19.3 million, up 33% compared to last year’s second quarter.

Tetra Tech Inc – AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT (November 19th, 2014)

AMENDED AND RESTATED AGREEMENT by and between Tetra Tech, Inc., a Delaware corporation (the “Company”), and Dan L. Batrack (the “Executive”), dated as of November 3, 2014.

Tetra Tech Inc – AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT (November 19th, 2014)

AMENDED AND RESTATED AGREEMENT by and between Tetra Tech, Inc., a Delaware corporation (the “Company”), and (the “Executive”), dated as of                             , 2014.

Tetra Tech Inc – Tetra Tech Reports Fourth Quarter and Fiscal 2014 Results (November 13th, 2014)

Pasadena, California. Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the fourth quarter and fiscal year ended September 28, 2014.

Tetra Tech Inc – Tetra Tech Reports Third Quarter Results, Quarterly Dividend and Changes to Share Buyback (July 31st, 2014)

Pasadena, California. Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the third quarter ended June 29, 2014, the declaration of a quarterly dividend and changes to the share buyback program.

Tetra Tech Inc – AMENDMENT NO. 2 TO CREDIT AGREEMENT (June 24th, 2014)

THIS AMENDMENT NO. 2 TO CREDIT AGREEMENT dated as of June 23, 2014 (this “Amendment”), is among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION, a Canadian corporation (together with the Company, collectively, the “Borrowers”), BANK OF AMERICA, N.A., in its capacities as the Administrative Agent (in such capacity, the “Administrative Agent”) and a Lender, each of the other Lenders party hereto and each of the Subsidiary Guarantors party hereto.

Tetra Tech Inc – Tetra Tech Reports Second Quarter Results and Initiates Quarterly Dividend (May 1st, 2014)

Pasadena, California. Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the second quarter ended March 30, 2014 and the initiation of a quarterly dividend.

Tetra Tech Inc – Tetra Tech Reports First Quarter Results (January 30th, 2014)

Revenue in the quarter was $645.8 million compared to $658.5 million in the first quarter last year.  Revenue, net of subcontractor costs(1), was $483.0 million compared to $497.2 million in the first quarter last year.  Operating income was $43.7 million, up 4.6% compared to $41.8 million in the first quarter last year.  Diluted earnings per share (EPS) were $0.42, up 2.4% compared to $0.41 in the first quarter last year.  Earnings before interest, taxes, depreciation, and amortization (EBITDA(2)), were $59.4 million, up 9.9% compared to $54.1 million in the first quarter last year.  Backlog was $1.9 billion for the first quarter, up slightly from the prior quarter.  Cash generated from operations was $41.7 million, up 135.0% compared to $17.8 million in the first quarter last year.

Tetra Tech Inc – FIRST AMENDMENT TO THE TETRA TECH, INC. 2005 EQUITY INCENTIVE PLAN (As Amended Through November 7, 2010) (November 20th, 2013)

WHEREAS, Tetra Tech, Inc. (the “Company”) established the Tetra Tech, Inc. 2005 Equity Incentive Plan, as amended (the “Plan”), to promote the interests of the Company and its stockholders by enabling the Company to offer Participants (as defined under the Plan) an opportunity to acquire an equity interest in the Company;

Tetra Tech Inc – TETRA TECH, INC. EXECUTIVE COMPENSATION PLAN (Amended and Restated November 14, 2013) (November 20th, 2013)
Tetra Tech Inc – AMENDMENT To the TETRA TECH, INC. DEFERRED COMPENSATION PLAN EFFECTIVE NOVEMBER 14, 2013 (November 20th, 2013)

WHEREAS, Article 12, Section 12.2 permits the Company to amend or modify the Plan in whole or in part, so long as no amendment decreases the value of any participant’s vested Account Balance under the Plan and, with respect to amendment that would modify Sections 12.2 or 13.2, affirmation is obtained from 2/3 of Plan participants; and

Tetra Tech Inc – TETRA TECH, INC. EXECUTIVE COMPENSATION POLICY (November 20th, 2013)

The purpose of this document is to define the executive compensation policy for Tetra Tech, Inc. “Tetra Tech” or the “Company”.

Tetra Tech Inc – AMENDMENT NO. 1 TO CREDIT AGREEMENT (September 30th, 2013)

THIS AMENDMENT NO. 1 TO CREDIT AGREEMENT dated as of September 27, 2013 (this “Amendment”), is among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION, a Canadian corporation (together with the Company, collectively, the “Borrowers”), BANK OF AMERICA, N.A., in its capacities as the Administrative Agent (in such capacity, the “Administrative Agent”) and a Lender, each of the other Lenders party hereto and each of the Subsidiary Guarantors party hereto.

Tetra Tech Inc – SECURITY AGREEMENT (May 9th, 2013)

THIS SECURITY AGREEMENT dated as of May 7, 2013 (this “Security Agreement”) is being entered into among TETRA TECH CANADA HOLDING CORPORATION, a corporation organized under the laws of Ontario, Canada (“Tetra Tech Canada” and a “Grantor”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF TETRA TECH CANADA AND EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A SECURITY JOINDER AGREEMENT (each a “Subsidiary Guarantor” and a “Grantor”, and together with Tetra Tech Canada, collectively, the “Grantors”), and BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) for each of the Secured Parties (as defined in the Credit Agreement referenced below).  All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement.

Tetra Tech Inc – PLEDGE AGREEMENT (May 9th, 2013)

THIS PLEDGE AGREEMENT dated as of May 7, 2013 (this “Pledge Agreement”), is being entered into among TETRA TECH CANADA HOLDING CORPORATION, a corporation organized under the laws of Ontario, Canada (“Tetra Tech Canada” and a “Pledgor”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF TETRA TECH CANADA AND EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A PLEDGE JOINDER AGREEMENT (each a “Subsidiary Guarantor” and a “Pledgor”, and together with Tetra Tech Canada, collectively, the “Pledgors”), and BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) for each of the Secured Parties (as defined in the Credit Agreement referenced below).  All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement.

Tetra Tech Inc – AMENDED AND RESTATED SECURITY AGREEMENT (May 9th, 2013)

THIS AMENDED AND RESTATED SECURITY AGREEMENT dated as of May 7, 2013 (this “Security Agreement”) is being entered into among TETRA TECH, INC., a Delaware corporation (the “Company” and a “Grantor”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF THE COMPANY AND EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A SECURITY JOINDER AGREEMENT (each a “Subsidiary Guarantor” and a “Grantor”, and together with the Company, collectively, the “Grantors”), and BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) for each of the Secured Parties (as defined in the Credit Agreement referenced below).  All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement.

Tetra Tech Inc – AMENDED AND RESTATED PLEDGE AGREEMENT (May 9th, 2013)

THIS AMENDED AND RESTATED PLEDGE AGREEMENT dated as of May 7, 2013 (this “Pledge Agreement”), is being entered into among TETRA TECH, INC., a Delaware corporation (the “Company” and a “Pledgor”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF THE COMPANY AND EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A PLEDGE JOINDER AGREEMENT (each a “Subsidiary Guarantor” and a “Pledgor”, and together with the Company, collectively, the “Pledgors”),  and BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) for each of the Secured Parties (as defined in the Credit Agreement referenced below).  All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement.

Tetra Tech Inc – AMENDED AND RESTATED CREDIT AGREEMENT Dated as of May 7, 2013 among TETRA TECH, INC., TETRA TECH CANADA HOLDING CORPORATION and CERTAIN OTHER SUBSIDIARIES, as Borrowers, THE LENDERS PARTY HERETO, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, U.S. BANK NATIONAL ASSOCIATION, as Syndication Agent, WELLS FARGO BANK, N.A., as Documentation Agent, MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED and U.S. BANK NATIONAL ASSOCIATION, as Joint Lead Arrangers, and MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, as Sole Book Manager (May 9th, 2013)

This AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is entered into as of May 7, 2013, among TETRA TECH, INC., a Delaware corporation (the “Company”), TETRA TECH CANADA HOLDING CORPORATION AND CERTAIN OTHER SUBSIDIARIES OF THE COMPANY PARTY HERETO PURSUANT TO SECTION 2.14 (each a “Designated Borrower” and, together with the Company, the “Borrowers” and, each a “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.