LIMITED CONSENT UNDER AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • February 26th, 2019 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
This LIMITED CONSENT UNDER AMENDED AND RESTATED CREDIT AGREEMENT (this “Consent”), dated as of December 9, 2018 and, made by and among KADANT INC., a Delaware corporation (the “Borrower”), the Subsidiary Guarantors parties hereto, the Foreign Subsidiary Borrowers parties hereto, the several banks and other financial institutions or entities parties hereto constituting all of the lenders under the Original Credit Agreement (defined below) (the “Lenders”), CITIZENS BANK, N.A., as administrative agent (the “Administrative Agent”) and CITIZENS BANK, N.A., as multicurrency administrative agent (the “Multicurrency Administrative Agent”; together with the Administrative Agent, the “Agents”).
TRANSITION AND EXECUTIVE CHAIRMAN AGREEMENTTransition and Executive Chairman Agreement • February 26th, 2019 • Kadant Inc • Special industry machinery (no metalworking machinery) • Massachusetts
THIS TRANSITION AND EXECUTIVE CHAIRMAN AGREEMENT (this “Agreement”) by and between KADANT INC., a Delaware corporation (the “Company”), and Jonathan W. Painter (the “Executive”) is made as of February 13, 2019.
SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • February 26th, 2019 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
This SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Second Amendment”), dated as of December 14, 2018 and, made by and among KADANT INC., a Delaware corporation (the “Borrower”), the Subsidiary Guarantors parties hereto, the Foreign Subsidiary Borrowers parties hereto, the several banks and other financial institutions or entities parties hereto (the “Lenders”), CITIZENS BANK, N.A., as administrative agent (the “Administrative Agent”) and CITIZENS BANK, N.A., as multicurrency administrative agent (the “Multicurrency Administrative Agent”; together with the Administrative Agent, the “Agents”).
EQUITY PURCHASE AGREEMENT by and among KADANT INC., LLCP PCS ALTERNATIVE SYNTRON, LLC, SYNTRON MATERIAL HANDLING GROUP, LLC, THE SELLERS NAMED HEREIN andEscrow Agreement • February 26th, 2019 • Kadant Inc • Special industry machinery (no metalworking machinery) • Delaware
THIS EQUITY PURCHASE AGREEMENT (this “Agreement”), dated as of December 9, 2018, is made by and among (i) LLCP PCS Alternative Syntron, LLC, a Delaware limited liability company (“Syntron Corp”), (ii) Syntron Material Handling Group, LLC, a Delaware limited liability company (“Holdco”), (iii) PCS Alternative Corp Seller 1, LLC, a Delaware limited liability company, and PCS Alternative Corp Seller 2, LLC, a Delaware limited liability company (collectively, the “Corp Sellers”), (iv) SMH Equity, LLC, a Delaware limited liability company (the “Holdco Seller” and, together with the Corp Sellers, collectively, the “Sellers”), (v) Kadant Inc., a Delaware corporation (the “Purchaser”), and (vi) Levine Leichtman Capital Partners Private Capital Solutions, L.P., a Delaware limited partnership, solely in its capacity as the representative of the Sellers as set forth in this Agreement (the “Seller Representative”). Capitalized terms used and not otherwise defined herein have the meanings set forth
KADANT INC.MULTI-CURRENCYNOTE PURCHASE AND PRIVATE SHELF AGREEMENTDATED AS OF DECEMBER 14, 2018$10,000,000 4.90% SERIES A SENIOR NOTES DUE DECEMBER 14, 2028$115,000,000 (OR FOREIGN CURRENCY EQUIVALENT) PRIVATE SHELF FACILITYSharing Agreement • February 26th, 2019 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
