AMENDED AND RESTATED CREDIT AGREEMENT Dated as of April 27, 2006Credit Agreement • May 1st, 2006 • Watts Water Technologies Inc • Miscellaneous fabricated metal products • New York
This AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is entered into as of April 27, 2006, among WATTS WATER TECHNOLOGIES, INC., a Delaware corporation (the “Company”), certain Subsidiaries of the Company party hereto pursuant to Section 2.14 (each a “Designated Borrower” and, together with the Company, the “Borrowers” and, each a “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.
WATTS WATER TECHNOLOGIES, INC. 5.85% Senior Notes Due April 30, 2016Note Purchase Agreement • May 1st, 2006 • Watts Water Technologies Inc • Miscellaneous fabricated metal products • Massachusetts
WATTS WATER TECHNOLOGIES, INC. FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT Due May 15, 2010 Due May 15, 2013Note Purchase Agreement • May 1st, 2006 • Watts Water Technologies Inc • Miscellaneous fabricated metal products • Massachusetts
Reference is made to the Note Purchase Agreement dated as of May 15, 2003 (the “Note Agreement”) among Watts Water Technologies, Inc., a Delaware corporation (formerly, Watts Industries, Inc., the “Company”), and each of the Purchasers named in Schedule A thereto pursuant to which the Company issued $50,000,000 aggregate principal amount of its 4.87% Senior Notes, Series A, due May 15, 2010 and $75,000,000 aggregate principal amount of its 5.47% Senior Notes, Series B, due May 15, 2013 (together, the “Notes”). You are referred to herein individually as a “Holder” and collectively as the “Holders.” Capitalized terms used and not otherwise defined in this First Amendment to Note Purchase Agreement (this “Amendment”) shall have the meanings ascribed to them in the Note Agreement, as amended hereby.
SUBSIDIARY GUARANTYSubsidiary Guaranty • May 1st, 2006 • Watts Water Technologies Inc • Miscellaneous fabricated metal products
THIS GUARANTY (this “Guaranty”) dated as of April 27, 2006 is made by the undersigned (each, a “Guarantor”), in favor of the holders from time to time of the Notes hereinafter referred to, including each purchaser named in the Note Purchase Agreement hereinafter referred to, and their respective successors and assigns (collectively, the “Holders” and each individually, a “Holder”).
AMENDED AND RESTATED GUARANTYGuaranty • May 1st, 2006 • Watts Water Technologies Inc • Miscellaneous fabricated metal products • New York
This AMENDED AND RESTATED GUARANTY (this “Guaranty”), dated as of April 27, 2006, is made by Watts Water Technologies, Inc., a Delaware corporation (the “Company”), the Subsidiaries of the Company set forth on the signature pages hereto (the “Initial Subsidiary Guarantors”), Watts Industries Europe B.V., a private company with limited liability organized under the laws of The Netherlands (the “Initial Designated Borrower” and, together with the Company, the Initial Subsidiary Guarantors and any additional Subsidiaries of the Company that become parties to this Guaranty by executing a Supplement hereto in the form attached hereto as Annex I, the “Guarantors”), in favor of Bank of America, N.A., as Administrative Agent (in such capacity, “Administrative Agent”) for the Lenders pursuant to the Credit Agreement hereinafter defined.
