INCENTIVE COMPENSATION PROGRAM Effective February 1, 2017 (February 2nd, 2017)
As part of our commitment to the good4u Crew, Natural Grocers by Vitamin Cottage, Inc. (together with its subsidiaries, the "Company") is pleased to provide an incentive compensation opportunity when the Company as a whole meets or exceeds its annual net income and EBITDA goals. The purpose of the Company's Incentive Compensation Program (the "Program") is to motivate the good4u Crew members and reward them when Company-wide financial objectives are achieved.
CREDIT AGREEMENT Dated as of January 28, 2016 Among VITAMIN COTTAGE NATURAL FOOD MARKETS, INC., as the Borrower, THE SUBSIDIARIES AND AFFILIATES OF THE BORROWER IDENTIFIED HEREIN, as the Guarantors, BANK OF AMERICA, N.A., as Administrative Agent and L/C Issuer, and THE OTHER LENDERS PARTY HERETO Arranged By: BANK OF AMERICA MERRILL LYNCH, as Sole Lead Arranger and Sole Bookrunner (January 28th, 2016)
Any increase or decrease in the Applicable Rate resulting from a change in the Consolidated Leverage Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 6.01(c); provided, however, that if a Compliance Certificate is not delivered when due in accordance with such Section, then, upon the request of the Required Lenders, Pricing Tier 3 shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered and shall remain in effect until the first Business Day immediately following the date on which such Compliance Certificate is delivered in accordance with Section 6.01(c), whereupon the Applicable Rate shall be adjusted based upon the calculation of the Consolidated Leverage Ratio contained in such Compliance Certificate. The Applicable Rate in effect from the Closing Date through the first Business Day immediately following the date a
AMENDED AND RESTATED CREDIT AGREEMENT Dated as of December 12, 2013 Among VITAMIN COTTAGE NATURAL FOOD MARKETS, INC., as Borrower the Lenders Party Hereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent (December 12th, 2013)
SECTION 5.14. Issuance of Additional Guarantees, Security Agreements, Pledge Agreements and Other Security Documents; Further Assurances