Arcbest Corp /De/ Sample Contracts

Arcbest Corp /De/ – ArcBest® Announces Second Quarter 2019 Results (July 30th, 2019)

Second quarter 2019 revenue of $771.5 million, and net income of $24.4 million, or $0.92 per diluted share.  On a non-GAAP1 basis, second quarter 2019 net income was $24.6 million, or $0.93 per diluted share.

Arcbest Corp /De/ – Contract (July 30th, 2019)

ArcBest® is providing this exhibit as supplemental information to its scheduled conference call and the press release announcing the Company’s unaudited second quarter 2019 results filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K. Certain statements and information in this exhibit may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Refer to the “Forward-Looking Statements” disclosure at the end of this exhibit.

Arcbest Corp /De/ – ArcBest 16b Annual Incentive Compensation Plan (May 9th, 2019)

Pursuant to the Executive Officer Incentive Compensation Plan (the “Governing Plan”), the Compensation Committee of the ArcBest Corporation Board of Directors (the “Compensation Committee”) has adopted the following Individual Award Opportunities, Performance Measures, and Participants for ArcBest Corporation and its subsidiaries for the [        ] – ArcBest 16b Annual Incentive Compensation Plan (the “[       ] Plan”). The Compensation Committee has determined that the [        ] Plan incentive will include the following components:

Arcbest Corp /De/ – ARCBEST CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT (Non-Employee Directors – with deferral feature) (May 9th, 2019)

This Restricted Stock Unit Award Agreement (this “Agreement”) is dated as of this XXXX day of XXXXX XX, XXXX (the “Grant Date”), and is between ArcBest Corporation (the “Company”) and XXXXXXXXXXX (“Participant”).

Arcbest Corp /De/ – Long-Term (3-Year) Incentive Compensation Plan (May 9th, 2019)

Pursuant to the ArcBest Corporation (“ArcBest” or “Company”) Executive Officer Incentive Compensation Plan, the Compensation Committee of the ArcBest Corporation Board of Directors (the “Compensation Committee”) has adopted the “Long-Term Incentive Compensation Plan” (the “Plan”) and has determined that the Plan will include the following components for the three-year period beginning 1/1/[       ] and ending 12/31/[       ]:

Arcbest Corp /De/ – ARCBEST CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT (Employees) (May 9th, 2019)

This Restricted Stock Unit Award Agreement (this “Agreement”) is dated as of this XXXX day of XXX,  XXXX (the “Grant Date”), and is between ArcBest Corporation (the “Company”) and XXXXXXXXXXXXXXX (“Participant”).

Arcbest Corp /De/ – ARCBEST CORPORATION OWNERSHIP INCENTIVE PLAN (May 6th, 2019)
Arcbest Corp /De/ – ArcBest® Announces First Quarter 2019 Results (May 2nd, 2019)

First quarter 2019 revenue of $711.8 million, and net income of $4.9 million, or $0.18 per diluted share.  On a non-GAAP1 basis, first quarter 2019 net income was $4.6 million, or $0.17 per diluted share.

Arcbest Corp /De/ – Contract (May 2nd, 2019)

ArcBest® is providing this exhibit as supplemental information to its scheduled conference call and the press release announcing the Company’s unaudited first quarter 2019 results filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K. Certain statements and information in this exhibit may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Refer to the “Forward-Looking Statements” disclosure at the end of this exhibit.

Arcbest Corp /De/ – AMENDMENT ONE TO Arcbest CORPORATION VOLUNTARY SAVINGS PLAN (February 28th, 2019)

WHEREAS, ArcBest Corporation (the “Company”) sponsors the ArcBest Corporation Voluntary Savings Plan (the “Plan”) last amended and restated effective as of January 1, 2017;

Arcbest Corp /De/ – WITHDRAWAL AGREEMENT (February 28th, 2019)

This Agreement is by and among ABF Freight System, Inc. (“Employer”), Teamsters Locals 170, 191, 251, 340, 404, 443, 493, 597, 633, 653, 671 and 677 affiliated with the International Brotherhood of Teamsters (“Unions”), in their capacity as the collective bargaining representatives for Employer’s employees represented by the Union (“Employees”) and the Trustees of the New England Teamsters and Trucking Industry Pension Fund (the “Pension Fund”).

Arcbest Corp /De/ – ARCBEST CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT (Employees) (February 28th, 2019)

This Restricted Stock Unit Award Agreement (this “Agreement”) is dated as of this ____ day of _____________________ (the “Grant Date”), and is between ArcBest Corporation (the “Company”) and ________________________ (“Participant”).

Arcbest Corp /De/ – REENTRY AGREEMENT (February 28th, 2019)

This Agreement is by and among ABF Freight System, Inc. (“Employer”), Teamsters Locals 170, 191, 251, 340, 404, 443, 493, 597, 633, 653, 671 and 677 affiliated with the International Brotherhood of Teamsters (“Unions”), in their capacity as the collective bargaining representatives for Employer’s employees represented by the Union (“Employees”) and the Trustees of the New England Teamsters and Trucking Industry Pension Fund (the “Pension Fund”).

Arcbest Corp /De/ – Fourth Amendment to the ArcBest Corporation 2005 Ownership Incentive Plan (February 28th, 2019)

THIS FOURTH AMENDMENT (the “Fourth Amendment”) to the ArcBest Corporation 2005 Ownership Incentive Plan, as amended from time to time (the “Plan”), is effective May 1, 2018 (the “Effective Date”), and is made by ArcBest Corporation (the “Company”).

Arcbest Corp /De/ – ArcBest® Announces Fourth Quarter 2018 And Full Year 2018 Results (January 30th, 2019)

FORT SMITH, Arkansas, January 30, 2019 — ArcBest® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver integrated solutions, today reported fourth quarter 2018 revenue of $774.3 million compared to fourth quarter 2017 revenue of $710.7 million.  Fourth quarter 2018 operating income was $37.2 million compared to operating income of $18.7 million last year.  Net income of $15.3 million, or $0.57 per diluted share compared to fourth quarter 2017 net income of $36.6 million, or $1.37 per diluted share.

Arcbest Corp /De/ – ABF NATIONAL MASTER FREIGHT AGREEMENT (November 8th, 2018)

ABF FREIGHT SYSTEM, INC. hereinafter referred to as the “Employer” or “Company” or “ABF” and the TEAMSTERS NATIONAL FREIGHT INDUSTRY NEGOTIATING COMMITTEE representing Local Unions affiliated with the INTERNATIONAL BROTHERHOOD OF TEAMSTERS, and Local Union No.——— which Local Union is an affiliate of the INTERNATIONAL BROTHERHOOD OF TEAMSTERS, agree to be bound by the terms and conditions of this Agreement.

Arcbest Corp /De/ – ArcBest® Announces Third Quarter 2018 Results (November 1st, 2018)

Third quarter 2018 revenue of $826.2 million, and net income of $40.8 million, or $1.52 per diluted share.  On a non-GAAP1 basis, third quarter 2018 net income was $38.6 million, or $1.44 per diluted share, a 151 percent improvement over third quarter 2017.

Arcbest Corp /De/ – SECOND AMENDMENT TO SECOND AMENDED AND RESTATED RECEIVABLES LOAN AGREEMENT (August 6th, 2018)

THIS SECOND AMENDMENT TO SECOND AMENDED AND RESTATED RECEIVABLES LOAN AGREEMENT, dated as of August 3, 2018 (the “Amendment”) is by and among ARCBEST FUNDING LLC f/k/a ABF Freight Funding LLC, a Delaware limited liability company, as Borrower (the “Borrower”), ARCBEST CORPORATION, F/K/A ARKANSAS BEST CORPORATION, a Delaware corporation, as Servicer (the “Servicer”), REGIONS BANK, as a lender, PNC BANK, NATIONAL ASSOCIATION, as a lender, letter of credit issuer (in such capacity, the “LC Issuer”) and as agent and administrator for the lenders and their assigns and the LC Issuer and its assigns under the Loan Agreement (in such capacity, the “Agent”).

Arcbest Corp /De/ – ArcBest® Announces Second Quarter 2018 Results (July 31st, 2018)

Second quarter 2018 revenue of $793.4 million, and net income of $1.2 million, or $0.05 per diluted share, includes the impact of a multiemployer pension withdrawal liability charge.  On a non-GAAP1 basis, second quarter 2018 net income was $29.8 million, doubling to $1.12 per diluted share from second quarter 2017.

Arcbest Corp /De/ – May 11, 2018 – Issue #6 ABF is pleased to announce that our employees represented by the International Brotherhood of Teamsters have ratified the ABF National Master Freight Agreement and a majority of the supplements. (May 11th, 2018)

This agreement for a 63-month term starting April 1, 2018 is affordable for the company and fair to employees. It will take effect once all supplements are ratified.

Arcbest Corp /De/ – ArcBest 16b Annual Incentive Compensation Plan (May 10th, 2018)

Pursuant to the Executive Officer Incentive Compensation Plan (the “Governing Plan”), the Compensation Committee of the ArcBest Corporation Board of Directors (the “Compensation Committee”) has adopted the following Individual Award Opportunities, Performance Measures, and Participants for ArcBest Corporation and its subsidiaries for the [            ] – ArcBest 16b Annual Incentive Compensation Plan (the “[            ] Plan”). The Compensation Committee has determined that the [            ] Plan incentive will include the following components:

Arcbest Corp /De/ – ArcBest® Announces First Quarter 2018 Results (May 10th, 2018)

FORT SMITH, Arkansas, May 10, 2018 — ArcBest® (Nasdaq: ARCB) today reported first quarter 2018 revenue of $700.0 million compared to first quarter 2017 revenue of $651.1 million.  First quarter 2018 operating income was $12.7 million compared to an operating loss of $9.9 million last year.  Net income was $10.0 million, or $0.37 per diluted share compared to a first quarter 2017 net loss of $7.4 million, or $0.29 per diluted share.  Due to the lower corporate tax rate under the Tax Reform Act, first quarter 2018 net income reflects the impact of a $2.6 million reduction of income tax liabilities related to deferred income taxes established under GAAP. While GAAP requires the recognition of the Tax Reform Act impact on deferred taxes, the realization of those benefits is spread over many future years.

Arcbest Corp /De/ – Long-Term (3-Year) Incentive Compensation Plan (May 10th, 2018)

Pursuant to the ArcBest Corporation (“ArcBest” or “Company”) Executive Officer Incentive Compensation Plan, the Compensation Committee of the ArcBest Corporation Board of Directors (the “Compensation Committee”) has adopted the “Long-Term Incentive Compensation Plan” (the “Plan”) and has determined that the Plan will include the following components for the three-year period beginning 1/1/[            ] and ending 12/31/[            ]:

Arcbest Corp /De/ – TENTATIVE AGREEMENT REACHED (March 29th, 2018)

ABF is pleased to announce that we have reached a tentative agreement on a new collective bargaining agreement with the Teamsters negotiating team.

Arcbest Corp /De/ – FIRST AMENDMENT TO (February 28th, 2018)

AGREEMENT AND OMNIBUS AMENDMENT, dated as of June 9, 2017 (the “Amendment”) is by and among ABF FREIGHT SYSTEM, INC., an Arkansas corporation (“ABF”), ARCBEST LOGISTICS, INC., an Arkansas corporation (“AB Logistics”), ARCBEST INTERNATIONAL, INC., an Arkansas corporation (“AB International”), PANTHER II TRANSPORTATION,  INC.,  an Ohio corporation (“Panther”) and ARCBEST ENTERPRISE SOLUTIONS, INC., an Arkansas corporation (“AES”), ARCBEST II, INC., an Arkansas corporation (“ArcBest II” together with ABF, AB Logistics, AB International, Panther and AES, the “Originators”), ARCBEST FUNDING LLC f/k/a ABF Freight Funding LLC, a Delaware limited liability company, as Buyer under the Receivables Sale Agreement (as defined below) (in such capacity, the “Buyer”) and as Borrower under the Loan Agreement (as defined below) (in such capacity, the “Borrower”), ARCBEST CORPORATION, F/K/A ARKANSAS BEST CORPORATION, a Delaware  corporation, as Servicer (the “Servicer”), REGIONS BANK, as a lender, PNC B

Arcbest Corp /De/ – ArcBest® Announces Fourth Quarter 2017 And Full Year 2017 Results (January 31st, 2018)

FORT SMITH, Arkansas, January 31, 2018 — ArcBest® (Nasdaq: ARCB) today reported fourth quarter 2017 revenue of $710.7 million compared to fourth quarter 2016 revenue of $688.2 million.  Fourth quarter 2017 operating income was $16.7 million compared to operating income of $1.2 million last year.  Net income of $36.6 million, or $1.37 per diluted share compared to fourth quarter  2016 net income of $1.6 million, or $0.06 per diluted share.  Due to the lower corporate tax rate under the Tax Reform Act, fourth quarter 2017 net income reflects the impact of a $24.5 million reduction of income tax liabilities related to deferred income taxes established under GAAP. While GAAP requires the recognition of the Tax Reform Act impact on deferred taxes in 2017, the realization of those benefits are spread over many future years.

Arcbest Corp /De/ – SECOND AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF JULY 7, 2017 AMONG ARCBEST CORPORATION AND CERTAIN OF ITS SUBSIDIARIES FROM TIME TO TIME PARTY HERETO, AS BORROWERS, THE LENDERS FROM TIME TO TIME PARTY HERETO, U.S. BANK NATIONAL ASSOCIATION, AS ADMINISTRATIVE AGENT, BRANCH BANKING AND TRUST COMPANY AND PNC BANK, NATIONAL ASSOCIATION, AS SYNDICATION AGENTS AND U.S. BANK NATIONAL ASSOCIATION, AS SOLE LEAD ARRANGER AND SOLE BOOK RUNNER (July 12th, 2017)

This Second Amended and Restated Credit Agreement (this “Agreement”), dated as of July 7, 2017, is among ArcBest Corporation (formerly known as Arkansas Best Corporation) and each of its direct or indirect Subsidiaries that joins this Agreement from time to time as a Borrowing Subsidiary, the Lenders and U.S. Bank National Association, a national banking association, as a LC Issuer, Swing Line Lender and as Administrative Agent.  The parties hereto agree as follows:

Arcbest Corp /De/ – ArcBest 16b Annual Incentive Compensation Plan (May 9th, 2017)

Pursuant to the Executive Officer Incentive Compensation Plan (the “Governing Plan”), the Compensation Committee of the ArcBest Corporation Board of Directors (the “Compensation Committee”) has adopted the following Individual Award Opportunities, Performance Measures, and Participants for ArcBest Corporation and its subsidiaries for the [            ] – ArcBest 16b Annual Incentive Compensation Plan (the “[            ] Plan”). The Compensation Committee has determined that the [            ] Plan incentive will include the following components:

Arcbest Corp /De/ – Long-Term (3-Year) Incentive Compensation Plan (May 9th, 2017)

Pursuant to the ArcBest Corporation (“ArcBest” or “Company”) Executive Officer Incentive Compensation Plan, the Compensation Committee of the ArcBest Corporation Board of Directors (the “Compensation Committee”) has adopted the “Long-Term Incentive Compensation Plan” (the “Plan”) and has determined that the Plan will include the following components for the three-year period beginning 1/1/[            ] and ending 12/31/[            ]:

Arcbest Corp /De/ – SECOND AMENDED AND RESTATED RECEIVABLES LOAN AGREEMENT Dated as of March 20, 2017 among ARCBEST FUNDING LLC, as Borrower, ARCBEST CORPORATION, as Servicer, THE FINANCIAL INSTITUTIONS FROM TIME TO TIME PARTY HERETO, as Lenders, and PNC BANK, NATIONAL ASSOCIATION, as the LC Issuer and as Agent (March 23rd, 2017)

THIS SECOND AMENDED AND RESTATED RECEIVABLES LOAN AGREEMENT, dated as of March 20, 2017 (this “Agreement”), is entered into by and among:

Arcbest Corp /De/ – Second Amendment to Second Amended and Restated Receivables Sale Agreement, Second Amendment to Amended and Restated Receivables Loan Agreement, and Omnibus Amendment (February 28th, 2017)

This Second Amendment to Second Amended and Restated Receivables Sale Agreement, Second Amendment to Amended and Restated Receivables Loan Agreement, and Omnibus Amendment, dated as of December 30, 2016 (the “Amendment”) is by and among ABF Freight System, Inc., an Arkansas corporation (“ABF”), ABF Logistics, Inc., an Arkansas corporation (“ABF Logistics”), ABF Global Supply Chain, Inc., an Arkansas corporation (“Global Supply Chain”), Panther II Transportation, Inc., an Ohio corporation (“Panther”) and ArcBest Enterprise Solutions, Inc., an Arkansas corporation (“AES” and, together with ABF, ABF Logistics, Global Supply Chain and Panther, the “Existing Originators”), and ArcBest II, Inc., an Arkansas corporation  (“ArcBest II”), ArcBest Funding LLC f/k/a ABF Freight Funding LLC,  a Delaware limited liability company, as Buyer under the Receivables Sale Agreement (as defined below) (in such capacity, the “Buyer”) and as Borrower under the Loan Agreement (as defined below) (in such capa

Arcbest Corp /De/ – CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (February 28th, 2017)

This CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (“Agreement”) is made and entered into by and between ArcBest Corporation, a Delaware corporation (the “Company”), and J. Lavon Morton  (“Consultant”), on January 31, 2017 (the “Effective Date”).  The Company and Consultant are each referred to herein individually as a “Party” and collectively as the “Parties.”

Arcbest Corp /De/ – AMENDMENT TWO TO THE arcbest corporation 2012 Change in control plan (February 28th, 2017)
Arcbest Corp /De/ – THIRD AMENDMENT TO THE ARKANSAS BEST CORPORATION 2005 OWNERSHIP INCENTIVE PLAN (as Amended and Restated) (February 28th, 2017)

WHEREAS, the Company’s board adopted the Arkansas Best Corporation 2005 Ownership Incentive Plan (the “Plan”) as of February 24, 2005; and

Arcbest Corp /De/ – ARCBEST CORPORATION VOLUNTARY SAVINGS PLAN (February 28th, 2017)