AMENDMENT NO. 1 TO CREDIT AGREEMENTCredit Agreement • February 28th, 2020 • McDermott International Inc • Fabricated plate work (boiler shops) • New York
This AMENDMENT NO. 1 TO CREDIT AGREEMENT (“Amendment”) entered into and effective as of February 24, 2020 (the “Amendment No. 1 Effective Date”) is by and among McDermott Technology (Americas), Inc., a Delaware corporation (“MTA”), McDermott Technology (US), Inc. a Delaware corporation (“MTUS”), McDermott Technology B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands (“MTBV” and together with MTA and MTUS, collectively the “Borrowers”, each a “Borrower”), McDermott International, Inc. a Panamanian corporation (the “Parent”), the Revolving Lenders party hereto, the Term Lenders party hereto, in each case, as defined in the Credit Agreement (as defined below) , and the Guarantors, as defined in the Credit Agreement (as defined below).
FOURTH SUPPLEMENTAL INDENTURE AND GUARANTEEFourth Supplemental Indenture and Guarantee • February 28th, 2020 • McDermott International Inc • Fabricated plate work (boiler shops) • New York
This Fourth Supplemental Indenture and Guarantee, dated as of December 20, 2019 (this “Supplemental Indenture” or “Guarantee”), among CB&I (US) Holdings, Limited, a company organized under the laws of England and Wales, and McDermott Technology, LLC, a Delaware limited liability company (collectively, the “New Guarantors”), McDermott Technology (Americas), Inc., a Delaware corporation, and McDermott Technology (US), Inc., a Delaware corporation, as the Issuers, and UMB Bank, N.A., as successor Trustee, paying agent and registrar to Wells Fargo Bank, National Association, under the Indenture referred to below.
McDermott International, Inc.McDermott International Inc • February 28th, 2020 • Fabricated plate work (boiler shops) • Texas
On behalf of McDermott International, Inc. (the “Company”), I am pleased to offer you the opportunity to receive a cash retention bonus if you agree to the terms and conditions contained in this letter agreement (this “Agreement”), which will be effective as of the date you execute and return a copy of this Agreement to the Company (such date, the “Effective Date”). Capitalized terms used but not otherwise defined herein will have the meaning ascribed to such terms in Section 2.
McDermott International, Inc.McDermott International Inc • February 28th, 2020 • Fabricated plate work (boiler shops) • Texas
On behalf of McDermott International, Inc. (the “Company”), I am pleased to offer you the opportunity to receive a cash retention bonus in the aggregate amount of $[ ● ] (the “Retention Bonus”), if you agree to the terms and conditions contained in this letter agreement (this “Agreement”), which will be effective as of the date you execute and return a copy of this Agreement to the Company (such date, the “Effective Date”). Capitalized terms used but not otherwise defined herein will have the meaning ascribed to such terms in Section 2.
SUPERPRIORITY SENIOR SECURED DEBTOR-IN-POSSESSION CREDIT AGREEMENT Dated as of January 23, 2020Credit Agreement • February 28th, 2020 • McDermott International Inc • Fabricated plate work (boiler shops) • New York
THIS SUPERPRIORITY SENIOR SECURED DEBTOR-IN-POSSESSION CREDIT AGREEMENT (this “Agreement”) dated as of January 23, 2020 is among McDermott Technology (Americas), Inc., a Delaware corporation, McDermott Technology (US), Inc., a Delaware corporation and McDermott Technology, B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands (each a “Borrower” and a debtor and debtor-in-possession under the Bankruptcy Code and collectively, the “Borrowers”), McDermott International, Inc., a Panamanian corporation (the “Parent” and a debtor and debtor-in-possession under the Bankruptcy Code), the Lenders (as defined below), the Issuers (as defined below), Credit Agricole Corporate and Investment Bank, as administrative agent for the Revolving Facility (as defined below) (in such capacity, and together with its successors pursuant to Section 10.6, the “Revolving Administrative Agent”) and Barclays Bank PLC as
