INCREMENTAL TERM LOAN AMENDMENTSecurity Agreement • April 2nd, 2018 • Shutterfly Inc • Services-photofinishing laboratories
INCREMENTAL TERM LOAN AMENDMENT, dated as of April 2, 2018 (this “Amendment”), to the Credit Agreement, dated as of August 17, 2017 (as amended prior to the date hereof, as amended by this Amendment, and as further amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among SHUTTERFLY, INC., a Delaware corporation (the “Borrower”), the Lenders and Issuing Banks from time to time party thereto, and MORGAN STANLEY SENIOR FUNDING, INC., as administrative agent (in such capacity, the “Administrative Agent”) and collateral agent (in such capacity, the “Collateral Agent”).
