AMENDMENT NO. 1 CREDIT AGREEMENTCredit Agreement • December 30th, 2010 • Granite Construction Inc • Heavy construction other than bldg const - contractors • California
This CREDIT AGREEMENT (“Agreement”) is entered into as of June 22, 2010, among GRANITE CONSTRUCTION INCORPORATED, a Delaware corporation (the “Company” and a “Borrower”), GRANITE CONSTRUCTION COMPANY, a California corporation (“GCC” and a “Borrower”), GILC INCORPORATED, a California corporation (“GILC” and a “Borrower”, and together with Company and GCC, collectively, the “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.
SECURITY AGREEMENTSecurity Agreement • December 30th, 2010 • Granite Construction Inc • Heavy construction other than bldg const - contractors • California
SECURITIES PLEDGE AGREEMENTPledge Agreement • December 30th, 2010 • Granite Construction Inc • Heavy construction other than bldg const - contractors • California
THIS SECURITIES PLEDGE AGREEMENT dated as of December 23, 2010 (this “Pledge Agreement”), is being entered into among GRANITE CONSTRUCTION INCORPORATED, a Delaware corporation (the “Company” and a “Borrower”), GRANITE CONSTRUCTION COMPANY, a California corporation (“GCC” and a “Borrower”), GILC INCORPORATED, a California corporation (“GILC” and a “Borrower”, and together with the Company and GCC, collectively, the “Borrower”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF THE COMPANY AND EACH OTHER PERSON THAT SHALL BECOME A PARTY HERETO BY EXECUTION OF A PLEDGE JOINDER AGREEMENT (each a “Guarantor” and, together with the Borrowers, 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).
