LifeLock 2015 Annual Report Download - page 116

requests relating to the status and Loan Parties’ progress in resolving the Litigation Matters.
(m) The first sentence of Section 7.12 of the Credit Agreement is hereby amended and restated to read as follows:
Within thirty (30) days after the acquisition or formation of any Subsidiary, or such other later time as agreed to in
writing by the Administrative Agent:
(n) Section 8.02(g) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
(g) Permitted Acquisitions, so long as, for any Permitted Acquisition occurring after October 1, 2015 and prior to
the Litigation Matters Escrow Date, after consummation of any such acquisition the Loan Parties’ cash reserves and
marketable securities would exceed $150,000,000 unless the Supermajority Lenders have consented in writing to a lower
amount of cash reserves and marketable securities.
(o) Section 8.06(c) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
(c) the Borrower may make any additional Restricted Payments; provided, that, (w) no Default or Event of Default
exists immediately prior to and after giving effect to any such Restricted Payment, (x) immediately after giving effect to any
such Restricted Payment, the Borrower has at least $10,000,000 of cash, Cash Equivalents and availability under the
Aggregate Revolving Commitments; (y) after giving effect to any such Restricted Payment on a Pro Forma Basis, the
Consolidated Leverage Ratio is less than 1.0 to 1.0 as of the most recent fiscal period end for which the Borrower was
required to deliver financial statements pursuant to Section 7.01(a) or (b); and (z) if such Restricted Payment is made after
October 1, 2015 but prior to the occurrence of the Litigation Matters Escrow Date, the Loan Parties’ cash reserves and
marketable securities after making such Restricted Payment would exceed $150,000,000, unless the Supermajority Lenders
have consented in writing to a lower amount of cash reserves and marketable securities.
(p) A new Section 8.11(c) is hereby added to the Credit Agreement to read as follows:
(c) Minimum Consolidated Cash EBITDA. From and after the First Amendment Effective Date until the end of the
fourth full fiscal quarter ending after the Litigation Matters Settlement Date, permit Consolidated Cash EBITDA as of the
end of any fiscal quarter of the Borrower to be less than $60,000,000 for the period of four fiscal quarters of the Borrower
ended on such date.
(q) Section 9.03 of the Credit Agreement is hereby amended to add the following sentence at the end thereof to read as
follows:
Excluded Swap Obligations with respect to any Guarantor shall not be paid with amounts received from such
Guarantor or such Guarantor’s assets, but appropriate adjustments shall be made with respect to payments from other
Guarantors to preserve the allocation to Obligations otherwise set forth above in this Section.
7