Letter Of Credit Agreement Sample Contracts

Wakefern Food Corporation – CREDIT AGREEMENT THIS CREDIT AGREEMENT (This "Agreement") Is Entered Into as of November ______, 2017, by and Between VILLAGE SUPER MARKET, INC., a New Jersey Corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank"). RECITALS Borrower Has Requested That Bank Extend or Continue Credit to Borrower as Described Below, and Bank Has Agreed to Provide Such Credit to Borrower on the Terms and Conditions Contained Herein. This Agreement Amends, Restates and Supersedes in Its Entirety That Certain Credit Agreement Dated September 16, 1999 by and Between Borrower and Bank, as Such M (October 11th, 2018)
Amendment to Letter of Credit Agreement (August 7th, 2018)

This AMENDMENT TO LETTER OF CREDIT AGREEMENT, dated as of July 5, 2018 (this "Amendment"), is entered into by and among GENON ENERGY, INC., a Delaware corporation (the "Applicant") and CITIBANK, N.A. ("Citibank" and the "Issuing Bank"), and is made with reference to the Facility Agreement (defined below). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Amended Facility Agreement (as defined below).

Letter of Credit Agreement (August 7th, 2018)

This LETTER OF CREDIT AGREEMENT is entered into as of July 14, 2017, between GENON ENERGY, INC., a Delaware corporation (the "Applicant"), CITIBANK, N.A. ("Citibank" and the "Issuing Bank") (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this "Agreement").

Valero LP – Letter of Credit Agreement (May 8th, 2018)

THIS TENTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Tenth Amendment") dated as of April 10, 2018, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT Dated as of April 6, 2018 Among CIGNA CORPORATION, HALFMOON PARENT, INC., THE GUARANTORS FROM TIME TO TIME PARTIES HERETO, THE BANKS NAMED HEREIN, and JPMORGAN CHASE BANK, N.A., as Administrative Agent JPMORGAN CHASE BANK, N.A., CITIGROUP GLOBAL MARKETS INC., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, MORGAN STANLEY SENIOR FUNDING, INC., MUFG BANK, LTD, and WELLS FARGO SECURITIES, LLC, as Joint Lead Arrangers and Joint Book Managers CITIBANK, N.A., as Syndication Agent and BANK OF AMERICA, N.A., MORGAN STANLEY SENIOR FUNDING, INC., MUFG (April 12th, 2018)

REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT dated as of April 6, 2018 among CIGNA CORPORATION, a Delaware corporation (together with its successors and assigns, "Cigna"), HALFMOON PARENT, INC., a Delaware corporation (together with its successors and assigns, "Holdco"), the direct and indirect Subsidiaries of the Company from time to time party to this Agreement, as Guarantors, the financial institutions (together with their respective successors and assigns and each financial institution that becomes a lender pursuant to Sections 3.04(e) and 3.04(f), each a "Bank" and, collectively, the "Banks") listed under the heading "Banks" on the signature pages hereof, and JPMORGAN CHASE BANK, N.A. ("JPMorgan"), as administrative agent (in such capacity, together with its successors in such capacity, the "Administrative Agent") as herein provided.

REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT Dated as of April 6, 2018 Among CIGNA CORPORATION, HALFMOON PARENT, INC., THE GUARANTORS FROM TIME TO TIME PARTIES HERETO, THE BANKS NAMED HEREIN, and JPMORGAN CHASE BANK, N.A., as Administrative Agent JPMORGAN CHASE BANK, N.A., CITIGROUP GLOBAL MARKETS INC., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, MORGAN STANLEY SENIOR FUNDING, INC., MUFG BANK, LTD, and WELLS FARGO SECURITIES, LLC, as Joint Lead Arrangers and Joint Book Managers CITIBANK, N.A., as Syndication Agent and BANK OF AMERICA, N.A., MORGAN STANLEY SENIOR FUNDING, INC., MUFG (April 12th, 2018)

REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT dated as of April 6, 2018 among CIGNA CORPORATION, a Delaware corporation (together with its successors and assigns, "Cigna"), HALFMOON PARENT, INC., a Delaware corporation (together with its successors and assigns, "Holdco"), the direct and indirect Subsidiaries of the Company from time to time party to this Agreement, as Guarantors, the financial institutions (together with their respective successors and assigns and each financial institution that becomes a lender pursuant to Sections 3.04(e) and 3.04(f), each a "Bank" and, collectively, the "Banks") listed under the heading "Banks" on the signature pages hereof, and JPMORGAN CHASE BANK, N.A. ("JPMorgan"), as administrative agent (in such capacity, together with its successors in such capacity, the "Administrative Agent") as herein provided.

Potlatch – Letter of Credit Agreement (February 21st, 2018)

THIS LETTER OF CREDIT AGREEMENT (this "Agreement"), dated as of February 20, 2018, by and between (i) DEL-TIN FIBER L.L.C., A Delaware limited liability company and a taxable REIT subsidiary of PotlatchDeltic; (the "Company"), (ii) POTLATCHDELTIC TIMBER, LLC, an Arkansas limited liability company ("PotlatchDeltic Timber"); (iii) POTLATCHDELTIC MANUFACTURING, LLC, an Arkansas limited liability company and a taxable REIT subsidiary of PotlatchDeltic ("PotlatchDeltic Manufacturing"); (iv) POTLATCHDELTIC CORPORATION, a Delaware corporation and a REIT ("PotlatchDeltic"), (v) POTLATCHDELTIC FOREST HOLDINGS, INC., a Delaware corporation ("PotlatchDeltic Forest"), (vi) POTLATCHDELTIC LAND & LUMBER, LLC, a Delaware limited liability company and a taxable REIT subsidiary of PotlatchDeltic ("PotlatchDeltic Land & Lumber") (collectively, the "Borrowers" and each individually, a "Borrower") and SUNTRUST BANK, a Georgia banking corporation (the "Bank");

FIFTH AMENDED AND RESTATED REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT Dated as of December 22, 2017 Among CIGNA CORPORATION THE BANKS NAMED HEREIN and JPMORGAN CHASE BANK, N.A., (December 22nd, 2017)

FIFTH AMENDED AND RESTATED REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT dated as of December 22, 2017 among CIGNA CORPORATION, a Delaware corporation (together with its successors and assigns, the "Company"), the financial institutions (together with their respective successors and assigns and each financial institution that becomes a lender pursuant to Sections 3.04(e) and 3.04(f), each a "Bank" and, collectively, the "Banks") listed under the heading "Banks" on the signature pages hereof, and JPMORGAN CHASE BANK, N.A. ("JPMorgan"), as administrative agent (in such capacity, together with its successors in such capacity, the "Administrative Agent") as herein provided.

LETTER OF CREDIT AGREEMENT Among (November 9th, 2017)

LETTER OF CREDIT AGREEMENT, dated as of November 2, 2017 among THE HERTZ CORPORATION, a Delaware corporation (together with its successors and assigns, the "Applicant"), the several banks and other financial institutions from time to time parties to this Agreement (as further defined in Section 1.1, the "Lenders"), the issuing lenders from time to time parties to this Agreement (as further defined in Section 1.1, the "Issuing Lenders") and Barclays Bank PLC, as administrative agent and collateral agent for the Lenders hereunder (in such capacities, respectively, and as further defined in Section 1.1, the "Administrative Agent" and the "Collateral Agent"); with Credit Agricole Corporate and Investment Bank, as syndication agent (in such capacity, the "Syndication Agent"), and Bank of Montreal, BNP Paribas, Citibank, N.A., Goldman Sachs Bank USA, and Royal Bank of Canada, each as a co-documentation agent (in such capacity, the "Co-Documentation Agents"). Capitalized terms are u

Valero LP – Letter of Credit Agreement (May 9th, 2017)

THIS NINTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Ninth Amendment") dated as of April 17, 2017, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

Navigators Group, Inc. (The) – THIRD AMENDED AND RESTATED FUNDS AT LLOYD'S LETTER OF CREDIT AGREEMENT AMONG THE NAVIGATORS GROUP, INC., as Borrower, THE LENDERS NAMED HEREIN, and ING BANK N.V., LONDON BRANCH, as Administrative Agent and Letter of Credit Agent DATED AS OF NOVEMBER 7, 2016 ING BANK, N.V., LONDON BRANCH, as Lead Arranger and Sole Bookrunner (November 8th, 2016)

This Third Amended and Restated Funds at Lloyd's Letter of Credit Agreement, dated as of November 7, 2016, is among THE NAVIGATORS GROUP, INC., a Delaware corporation, the Lenders and ING BANK, N.V., London Branch, individually and as Administrative Agent, Letter of Credit Agent and Lead Arranger and Sole Bookrunner.

Valero LP – Letter of Credit Agreement (August 8th, 2016)

THIS EIGHTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Eighth Amendment") dated as of May 6, 2016, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

Continuing Letter of Credit Agreement(uncommitted) (November 12th, 2015)

In consideration of BNP PARIBAS (the "Bank"), in its sole and absolute discretion, issuing letters of credit (each a "Credit" and collectively the "Credits") from time to time under this Continuing Letter of Credit Agreement (this "Agreement") at the request, and for the account, of the undersigned ("Account Party"), and in consideration of the Bank's issuing Credits on behalf of the Account Party's subsidiaries (it being understood that though said subsidiary will be named as the account party on the Credit, it is not the account party for purposes of this Agreement), the Account Party hereby agrees with the Bank as follows:

Sixth Amendment to Letter of Credit Agreement (October 23rd, 2015)

THIS SIXTH AMENDMENT TO LETTER OF CREDIT AGREEMENT ("this Amendment") dated as of August 31, 2015 (the "Effective Date") is entered into by M/I HOMES, INC., an Ohio corporation (the "Borrower"), and REGIONS BANK, an Alabama banking corporation (the "Bank").

Valero LP – Letter of Credit Agreement (August 6th, 2015)

THIS SEVENTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Seventh Amendment") dated as of April 30, 2015, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

First Amendment to Master Letter of Credit Agreement (June 22nd, 2015)

THIS FIRST AMENDMENT TO MASTER LETTER OF CREDIT AGREEMENT, dated as of June 15, 2015 (this "Amendment"), is among Smith & Wesson Holding Corporation, a Delaware corporation ("Holdings"), Smith & Wesson Corp., a Delaware corporation ("S&W Corp." and, together with Holdings, the "Customer") and TD BANK, N.A. (the "Bank").

Sidoti & Company, Inc. – Master Letter of Credit Agreement - Secured (May 4th, 2015)

In consideration of issuance by Bank, or a correspondent bank if Bank so requests, from time to time, upon Customer's application and at Bank's option, of one or more standby or commercial letters of credit (all the provisions of this Agreement, except as specifically noted otherwise, apply to both standby and commercial letters of credit, and both such types of letters of credit are hereinafter referred to as a "Credit") the undersigned Customer, intending to be legally bound hereby, agrees with Bank that the following terms and conditions shall apply to each Credit issued by Bank for Customer's account:

Valero LP – Letter of Credit Agreement (February 26th, 2015)

THIS FOURTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Fourth Amendment) dated as of April 19, 2013, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO CORPORATE BANK, LTD., as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

Valero LP – Letter of Credit Agreement (February 26th, 2015)

THIS THIRD AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Third Amendment") dated as of March 8, 2013, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO CORPORATE BANK, LTD., as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

Valero LP – Letter of Credit Agreement (February 26th, 2015)

THIS SECOND AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Second Amendment") dated as of January 17, 2013, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO CORPORATE BANK, LTD., as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

Valero LP – Letter of Credit Agreement (February 26th, 2015)

THIS FIFTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Fifth Amendment") dated as of April 23, 2014, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and, together with the Borrower and the MLP, the "Obligors"); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders").

Navigators Group, Inc. (The) – SECOND AMENDED AND RESTATED FUNDS AT LLOYDS LETTER OF CREDIT AGREEMENT AMONG THE NAVIGATORS GROUP, INC., as Borrower, THE LENDERS NAMED HEREIN, and ING BANK N.V., LONDON BRANCH, as Administrative Agent and Letter of Credit Agent DATED AS OF November 24, 2014 ING BANK, N.V., LONDON BRANCH, as Lead Arranger and Sole Bookrunner (February 17th, 2015)

This Second Amended and Restated Funds at Lloyds Letter of Credit Agreement, dated as of November 24, 2014, is among THE NAVIGATORS GROUP, INC., a Delaware corporation, the Lenders and ING BANK, N.V., London Branch, individually and as Administrative Agent, Letter of Credit Agent and Lead Arranger and Sole Bookrunner.

Wet Seal, Inc. (The) – Senior Secured, Super-Priority Debtor-In-Possession Letter of Credit Agreement (January 16th, 2015)

This SENIOR SECURED, SUPER-PRIORITY DEBTOR-IN-POSSESSION LETTER OF CREDIT AGREEMENT (Agreement) is entered into as of January 15, 2015 among

FOURTH AMENDED AND RESTATED REVOLVING CREDIT AND LETTER OF CREDIT AGREEMENT Dated as of December 12, 2014 Among CIGNA CORPORATION THE BANKS NAMED HEREIN and CITIBANK, N.A., as Administrative Agent CITIGROUP GLOBAL MARKETS INC., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED and J.P. MORGAN SECURITIES LLC, as Joint Lead Arrangers and Joint Book Managers BANK OF AMERICA, N.A. And JPMORGAN CHASE BANK, N.A., as Syndication Agents and THE BANK OF TOKYO- MITSUBISHI UFJ, LTD., NEW YORK BRANCH, HSBC BANK USA, NATIONAL ASSOCIATION and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Co-Documentation Agent (December 18th, 2014)

Documents required to be delivered pursuant to Section 7.01(f)(i), (ii) or (v) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (x) on which the Company posts such documents, or provides a link thereto on the Company's website on the Internet at http:www.cigna.com; or (y) on which such documents are posted on the Company's behalf on an Internet or intranet website, if any, to which each Bank and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that the Company shall notify the Administrative Agent and each Bank (by telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents referred to above, and e

Valero LP – Letter of Credit Agreement (November 6th, 2014)

THIS SIXTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "Amendment") dated as of November 3, 2014, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the "Borrower"); NUSTAR ENERGY L.P., a Delaware limited partnership (the "MLP"); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the "Administrative Agent") and as Issuing Bank; and the undersigned Lender (collectively, the "Lenders"); and is acknowledged and agreed to by NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the "Subsidiary Guarantor" and together, with the Borrower and the MLP, the "Obligors").

Fifth Amendment to Letter of Credit Agreement (October 24th, 2014)

THIS FIFTH AMENDMENT TO LETTER OF CREDIT AGREEMENT ("this Amendment") dated as of August 31, 2014 (the "Effective Date") is entered into by M/I HOMES, INC., an Ohio corporation (the "Borrower"), and REGIONS BANK, an Alabama banking corporation (the "Lender").

LETTER OF CREDIT AGREEMENT Dated as of October 1, 2014 Among KENTUCKY UTILITIES COMPANY, as the Borrower, THE LENDERS FROM TIME TO TIME PARTY HERETO and THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH, as Administrative Agent (October 2nd, 2014)

LETTER OF CREDIT AGREEMENT (this "Agreement"), dated as of October 1, 2014, is entered into among KENTUCKY UTILITIES COMPANY, a Kentucky corporation and a Virginia corporation (the "Borrower"), the LENDERS party hereto from time to time, THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH ("BTMU"), as the Administrative Agent and BTMU, as Issuing Lender.

Valero LP – LETTER OF CREDIT AGREEMENT Dated as of September 3, 2014 Among NUSTAR LOGISTICS, L.P., NUSTAR ENERGY L.P., the Lenders Party Hereto and THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., (September 9th, 2014)

LETTER OF CREDIT AGREEMENT dated as of September 3, 2014 is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership, NUSTAR ENERGY L.P., a Delaware limited partnership, the LENDERS party hereto, and THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as Issuing Bank and Administrative Agent.

Letter of Credit Agreement (August 4th, 2014)

This Letter of Credit Agreement (this Agreement) is made as of August 1, 2014, between Lime Energy Co., a Delaware corporation (Lime) and Richard P. Kiphart (Guarantor).

Fourth Amendment to International Letter of Credit Agreement (May 7th, 2014)

THIS FOURTH AMENDMENT TO INTERNATIONAL LETTER OF CREDIT AGREEMENT is dated as of August 30, 2013 (this Fourth Amendment), and entered into among GREAT LAKES DREDGE & DOCK CORPORATION, a Delaware corporation (the Borrower), GREAT LAKES DREDGE & DOCK COMPANY, LLC, a Delaware limited liability company (the Guarantor), and WELLS FARGO BANK, N.A., successor by merger to WELLS FARGO HSBC TRADE BANK, N.A. (the Bank).

Fifth Amendment to International Letter of Credit Agreement (May 7th, 2014)

THIS FIFTH AMENDMENT TO INTERNATIONAL LETTER OF CREDIT AGREEMENT is dated as of April 22, 2014 (this Fifth Amendment), and entered into among GREAT LAKES DREDGE & DOCK CORPORATION, a Delaware corporation (the Borrower), GREAT LAKES DREDGE & DOCK COMPANY, LLC, a Delaware limited liability company (the Guarantor), and WELLS FARGO BANK, N.A., successor by merger to WELLS FARGO HSBC TRADE BANK, N.A. (the Bank).

Home Inns & Hotels Mngt -Adr – Issuance of Financing Letter of Guaranty/Standby Letter of Credit Agreement (Version 2012) (April 23rd, 2014)

Special Notes: This Agreement is entered into in accordance with the law between both parties after negotiation based on equality and voluntariness. All terms of this Agreement are the true expression of both parties' intent. For the purpose of protecting Party B's legal rights, Party A specifically reminds Party B to pay full attention to all terms with regard to the rights and obligation of both parties, especially the bolded terms.

Home Inns & Hotels Mngt -Adr – Issuance of Financing Letter of Guaranty/Standby Letter of Credit Agreement (Version 2012) (April 23rd, 2014)

Special Notes: This Agreement is entered into in accordance with the law between both parties after negotiation based on equality and voluntariness. All terms of this Agreement are the true expression of both parties' intent. For the purpose of protecting Party B's legal rights, Party A specifically reminds Party B to pay full attention to all terms with regard to the rights and obligation of both parties, especially the bolded terms.

Continuing Letter of Credit Agreement (March 25th, 2014)

For the purpose of inducing HSBC Bank USA, National Association (Bank) to issue one or more letters of credit (individually Credit, collectively Credits) upon application by the undersigned (Applicant), Applicant agrees as follows:

Second Amendment to Amended and Restated Letter of Credit Agreement (December 10th, 2013)

THIS SECOND AMENDMENT TO AMENDED AND RESTATED LETTER OF CREDIT AGREEMENT (this Amendment) is dated as of September 5, 2013 and is entered into by and among UTi Worldwide Inc., a BVI Business Company incorporated under the laws of the British Virgin Islands with company number 141257 (the Company), each of the Subsidiary Guarantors (as defined in the Amended and Restated Letter of Credit Agreement), The Royal Bank of Scotland N.V., in its capacity as Issuing Bank (the Issuing Bank) and is made with reference to that certain Amended and Restated Letter of Credit Agreement, dated as of June 24, 2011 (as amended by the First Amendment to Amended and Restated Letter of Credit Agreement, dated June 5, 2013, by and among the Company, each of the Subsidiary Guarantors and the Issuing Bank, and as further amended, supplemented or otherwise modified through the date hereof, the Letter of Credit Agreement) by and among the Company, the Subsidiary Guarantors and the Issuing Bank. Capitalized terms