0000950135-08-006904 Sample Contracts

FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • November 4th, 2008 • St Joe Co • Land subdividers & developers (no cemeteries) • North Carolina

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of the 30th day of October, 2008, by and among THE ST. JOE COMPANY, a Florida corporation, ST. JOE TIMBERLAND COMPANY OF DELAWARE, L.L.C., a Delaware limited liability company, ST. JOE FINANCE COMPANY, a Florida corporation, ST. JOE RESIDENTIAL ACQUISITIONS, INC., a Florida corporation, the LENDERS listed on the signature pages hereof and BRANCH BANKING AND TRUST COMPANY, as Administrative Agent.

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