Attached files
file | filename |
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EX-10.7 - EXHIBIT 10.7 - GSI COMMERCE INC | c16484exv10w7.htm |
EX-31.2 - EXHIBIT 31.2 - GSI COMMERCE INC | c16484exv31w2.htm |
EX-32.1 - EXHIBIT 32.1 - GSI COMMERCE INC | c16484exv32w1.htm |
EX-31.1 - EXHIBIT 31.1 - GSI COMMERCE INC | c16484exv31w1.htm |
EXCEL - IDEA: XBRL DOCUMENT - GSI COMMERCE INC | Financial_Report.xls |
10-Q - FORM 10-Q - GSI COMMERCE INC | c16484e10vq.htm |
Exhibit 10.8
EXECUTION COPY
AMENDMENT NO. 1 dated as of March 14, 2011 (this Amendment), to the
Credit Agreement dated as of February 9, 2011 (the Credit Agreement),
among GSI COMMERCE, INC., a Delaware corporation (Parent), GSI COMMERCE
SOLUTIONS, INC., a Pennsylvania corporation (GSICS) (each, a Borrower
and collectively, the Borrowers), each of the guarantors party thereto,
the lenders from time to time party thereto (each a Lender and,
collectively, the Lenders) and BANK OF AMERICA, N.A., as Administrative
Agent, Swing Loan Lender and as Issuing Lender.
WHEREAS the Lenders have agreed to extend credit to the Borrowers under the Credit Agreement
on the terms and subject to the conditions set forth therein; and
WHEREAS the Borrowers have requested that the Lenders amend certain provisions of the Credit
Agreement and the Lenders whose signatures appear below, constituting at least the Required
Lenders, are willing to amend the Credit Agreement on the terms and subject to the conditions set
forth herein.
NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and
valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties
hereto agree as follows:
SECTION 1. Definitions. Capitalized terms used but not defined in this Amendment have
the meanings assigned thereto in the Credit Agreement. The provisions of Section 1.2 of the Credit
Agreement are hereby incorporated by reference herein, mutatis mutandis.
SECTION 2. Amendment of the Credit Agreement. Effective as of the Amendment Effective
Date (as defined below):
(a) The definition of Consolidated EBITDA is hereby amended by replacing the phrase non-cash
credits to net income in clause (b)(i) of such definition with [Reserved].
(b) The second sentence of the first paragraph of Section 2.8(a) [Issuance of Letters
of Credit] of the Credit Agreement is hereby amended by replacing such sentence in its entirety
with Each Letter of Credit may be issued as a standby Letter of Credit or a commercial Letter of
Credit; provided, however, that any commercial Letter of Credit issued hereunder
shall provide solely for cash payment upon presentation of a sight draft..
(c) The last sentence of the first paragraph of Section 2.8(a) [Issuance of Letters
of Credit] of the Credit Agreement is hereby amended by replacing such sentence in its entirety
with Unless otherwise expressly agreed by the Issuing Lender and the Borrowers when a Letter of
Credit is issued, (i) the rules of the ISP shall apply to each standby Letter of Credit and (ii)
the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published
by the International Chamber of Commerce at the time of issuance, shall apply to each commercial
Letter of Credit..
(d) Schedules 1.1(B), 1.1(C) and 11.5 to the Credit Agreement are hereby replaced with the
corresponding schedules attached hereto as Exhibit A.
SECTION 3. Representations and Warranties. To induce the other parties hereto to
enter into this Amendment, each Loan Party represents and warrants to each of the other parties
hereto that, as of the Amendment Effective Date: the execution, delivery and performance by each
Loan Party of this Amendment has been duly authorized by all requisite corporate actions required
for the lawful execution, delivery and performance thereof; this Amendment has been duly executed
and delivered by each Loan Party; and this Amendment and the Credit Agreement, as amended by this
Amendment, constitute legal, valid and binding obligations of each Loan Party, enforceable against
each such Loan Party in accordance with their terms, except to the extent that enforceability may
be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting
the enforceability of creditors rights generally or limiting the rights of specific performance.
SECTION 4. Effectiveness. This Amendment shall become effective as of the date (the
Amendment Effective Date) on which the Administrative Agent shall have executed a counterpart of
this Amendment and shall have received (a) duly executed counterparts of this Amendment from each
Loan Party, (b) duly executed counterparts hereof that, when taken together, bear the authorized
signatures of Lenders constituting at least the Required Lenders and (c) a duly executed
counterpart of this Amendment from the Issuing Lender.
SECTION 5. Credit Agreement. Except as expressly set forth herein, this Amendment
shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect
the rights and remedies of the Lenders or the Administrative Agent under, the Credit Agreement,
and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations,
covenants or agreements contained in the Credit Agreement, all of which are ratified and affirmed
in all respects and shall continue in full force and effect. On and after the Amendment Effective
Date, each reference in the Credit Agreement to this Agreement, hereunder, hereof, herein,
or words of like import, shall be deemed to be a reference to the Credit Agreement as amended
hereby.
SECTION 6. Counterparts. This Amendment may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall constitute an original,
but all of which when taken together shall constitute a single contract. Delivery of an executed
counterpart of a signature page of this Amendment by facsimile or electronic transmission shall be
effective as delivery of a manually executed counterpart of this Amendment.
SECTION 7. Headings. Section headings used herein are for convenience of reference
only, are not part of this Amendment and are not to affect the construction of, or to be taken
into consideration in interpreting, this Amendment.
2
SECTION 8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
3
IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have
executed this Amendment as of the day and year first above written.
BORROWERS:
GSI COMMERCE, INC.
GSI COMMERCE SOLUTIONS, INC.
GSI COMMERCE SOLUTIONS, INC.
BY: | /s/ Michael R. Conn | |||||||
NAME: | MICHAEL R. CONN | |||||||
TITLE: | EXECUTIVE VICE PRESIDENT FINANCE, CHIEF FINANCIAL OFFICER AND TREASURER |
GUARANTORS:
ASFD, INC.
GSI COMMERCE CALL CENTER, INC.
GSI COMMERCE SOUTH, INC.
GSI EQUIPMENT, INC.
GSI LEGACY HOLDINGS, INC.
KOP PROMOTIONS, LLC
ONLINE DIRECT, INC.
PROMOTIONS DISTRIBUTOR SERVICE CORPORATION
GSI COMMERCE CALL CENTER, INC.
GSI COMMERCE SOUTH, INC.
GSI EQUIPMENT, INC.
GSI LEGACY HOLDINGS, INC.
KOP PROMOTIONS, LLC
ONLINE DIRECT, INC.
PROMOTIONS DISTRIBUTOR SERVICE CORPORATION
BY: | /s/ Michael R. Conn | |||||||
NAME: | MICHAEL R. CONN | |||||||
TITLE: | PRESIDENT AND TREASURER |
CLEAR SALEING, INC.
E-DIALOG, INC.
FETCHBACK, INC.
GSI INTERACTIVE, INC.
GSI MARKETING SERVICES, INC.
GSI MEDIA, INC.
M3 MOBILE, INCORPORATED
MBS INSIGHT, INC.
RUELALA, INC.
SB.COM, INC.
SILVERLIGN GROUP, INC.
SMARTBARGAINS, INC.
SMARTBARGAINS SECURITY CORPORATION
VENDORNET, INC.
E-DIALOG, INC.
FETCHBACK, INC.
GSI INTERACTIVE, INC.
GSI MARKETING SERVICES, INC.
GSI MEDIA, INC.
M3 MOBILE, INCORPORATED
MBS INSIGHT, INC.
RUELALA, INC.
SB.COM, INC.
SILVERLIGN GROUP, INC.
SMARTBARGAINS, INC.
SMARTBARGAINS SECURITY CORPORATION
VENDORNET, INC.
BY: | /s/ Michael R. Conn | |||||||
NAME: | MICHAEL R. CONN | |||||||
TITLE: | TREASURER |
RETAIL CONVERGENCE.COM, LP
SB.COM, INC., | ||||||||||
BY: | ITS GENERAL PARTNER | |||||||||
BY: | /s/ Michael R. Conn | |||||||||
NAME: | MICHAEL R. CONN | |||||||||
TITLE: | TREASURER |
SHOPRUNNER, INC.
BY: | /s/ Michael R. Conn | |||||||
NAME: | MICHAEL R. CONN | |||||||
TITLE: | CHIEF FINANCIAL OFFICER AND TREASURER |
935 KOP ASSOCIATES, LLC
1075 FIRST GLOBAL ASSOCIATES, LLC
1075 FIRST GLOBAL ASSOCIATES, LLC
GSI COMMERCE, INC., | ||||||||||
BY: | ITS SOLE MEMBER AND MANAGER | |||||||||
BY: | /s/ Michael R. Conn | |||||||||
NAME: | MICHAEL R. CONN | |||||||||
TITLE: | EXECUTIVE VICE PRESIDENT FINANCE, CHIEF FINANCIAL OFFICER AND TREASURER |
7601 TRADE PORT DRIVE, LLC
GSI COMMERCE SOLUTIONS, INC., | ||||||||||
BY: | ITS SOLE MEMBER AND MANAGER | |||||||||
BY: | /s/ Michael R. Conn | |||||||||
NAME: | MICHAEL R. CONN | |||||||||
TITLE: | EXECUTIVE VICE PRESIDENT FINANCE, CHIEF FINANCIAL OFFICER AND TREASURER |
GATOR ACQUISITION CORP.
BY: | /s/ Michael R. Conn | |||||||
NAME: | MICHAEL R. CONN | |||||||
TITLE: | PRESIDENT, TREASURER AND SECRETARY |
GATOR ACQUISITION LLC
GSI COMMERCE, INC., | ||||||||||
BY: | ITS SOLE MEMBER | |||||||||
BY: | /s/ Michael R. Conn | |||||||||
NAME: | MICHAEL R. CONN | |||||||||
TITLE: | EXECUTIVE VICE PRESIDENT FINANCE, CHIEF FINANCIAL OFFICER AND TREASURER |
BANK OF AMERICA, N.A.,
individually and as Administrative
Agent and Issuing Lender
Agent and Issuing Lender
By: | /s/ Andrew Richards | |||||||
Name: | Andrew Richards | |||||||
Title: | SVP |
PNC BANK, National Association
By: | /s/ John M DiNapoli | |||||||
Name: | John M DiNapoli | |||||||
Title: | Senior Vice President |
Deutsche Bank Trust Company Americas
By: | /s/ Paul OLeary | |||||||
Name: | Paul OLeary | |||||||
Title: | Director | |||||||
By: | /s/ Evelyn Thierry | |||||||
Name: | Evelyn Thierry | |||||||
Title: | Director |
JPMorgan Chase Bank, N.A.
By: | /s/ Eugene M. Kennedy | |||||||
Name: | Eugene M. Kennedy | |||||||
Title: | Vice President |
TD Bank NA
By: | /s/ Thomas M. McGrory | |||||||
Name: | Thomas M. McGrory | |||||||
Title: | Vice President |
RBS Citizens N.A.
By: | /s/ William M. Clossey | |||||||
Name: | William M. Clossey | |||||||
Title: | Vice President |
UBS Loan Finance LLC
By: | /s/ Irja R. Otsa | |||||||
Name: | Irja R. Otsa | |||||||
Title: | Associate Director Banking Products Services, US | |||||||
By: | /s/ Mary E. Evans | |||||||
Name: | Mary E. Evans | |||||||
Title: | Associate Director Banking Products Services, US |
EXHIBIT A
SCHEDULE 1.1(B)
REVOLVING CREDIT COMMITMENTS OF
REVOLVING CREDIT LENDERS
AND ADDRESSES FOR NOTICES
REVOLVING CREDIT LENDERS
AND ADDRESSES FOR NOTICES
Part 1Revolving Credit Commitments of Revolving Credit Lenders
Applicable | ||||||||
Amount of Commitment for | Revolving Credit | |||||||
Lender | Revolving Credit Loans | Percentage | ||||||
Bank of America N.A. NC1-001-04-39 101 North Tryon Street Charlotte, NC 28255 |
$ 29,212,500.00 | 10.250000000 | % | |||||
Daily Operations Contact: Name: Nilesh Patel Telephone: (980) 386-5094 Telecopy: (704) 719-8870 npatel@baml.com |
||||||||
Loan Closer Contact: Name: Wayne A. Richard Telephone: (980) 388-6484 Telecopy: (704) 208-3075 wayne.a.richard@baml.com |
||||||||
Other Notices as Administrative Agent: Bank of America, N.A. Agency Management Address: 135 S. LaSalle Street, IL1-231-05-41 Chicago, IL 60603 Attention: Fani Davidson Telephone: (312) 923-0604 Telecopy: (312) 453-4217 fani.davidson@baml.com |
||||||||
Standby L/C Issuer: Bank of America, N.A. Trade Operations Address: 1 Fleet Way, PA6-580-02-30 Scranton, PA 18507 Attention: Alfonso Malave Telephone: (570) 330-4212 Telecopy: (570) 330-4186 alfonso.malave@baml.com |
||||||||
Commercial L/C Issuer: Bank of America, N.A. Trade Operations Address: 1 Fleet Way, PA6-580-02-30 Scranton, PA 18507 Attention: Anne Rodeghiero Telephone: (570) 330-4804 Telecopy: (212) 293-8117 anne.t.rodeghiero@baml.com |
Applicable | ||||||||
Amount of Commitment for | Revolving Credit | |||||||
Lender | Revolving Credit Loans | Percentage | ||||||
USD PAYMENT INSTRUCTIONS: Bank of America New York NY ABA 026009593 Acct # 1366212250600 Acct Name: Corporate Credit Services Ref: GSI COMMERCE, INC. |
||||||||
Morgan Stanley Bank, N.A.
|
$ | 29,212,500.00 | 10.250000000 | % | ||||
PNC Bank, N.A.
|
$ | 29,212,500.00 | 10.250000000 | % | ||||
Deutsche Bank Trust Company Americas
|
$ | 29,212,500.00 | 10.250000000 | % | ||||
JPMorgan Chase Bank, N.A.
|
$ | 29,212,500.00 | 10.250000000 | % | ||||
TD Bank, N.A.
|
$ | 21,375,000.00 | 7.500000000 | % | ||||
HSBC Bank USA, National Association
|
$ | 21,375,000.00 | 7.500000000 | % | ||||
RBS Citizens N.A.
|
$ | 21,375,000.00 | 7.500000000 | % | ||||
Sovereign Bank
|
$ | 21,375,000.00 | 7.500000000 | % | ||||
UBS Loan Finance LLC
|
$ | 14,250,000.00 | 5.000000000 | % | ||||
Raymond James Bank, FSB
|
$ | 14,250,000.00 | 5.000000000 | % | ||||
Union Bank, N.A.
|
$ | 14,250,000.00 | 5.000000000 | % | ||||
First Commonwealth Bank
|
$ | 7,125,000.00 | 2.500000000 | % | ||||
Goldman Sachs Bank USA
|
$ | 3,562,500.00 | 1.250000000 | % | ||||
Total
|
$ | 285,000,000.00 | 100.000000000 | % | ||||
Part 2Addresses for Notices to Borrowers and Guarantors
BORROWERS:
Name: GSI Commerce, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Commerce Solutions, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
GUARANTORS:
Name: 935 KOP Associations, LLC.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: 1075 First Global Associates, LLC
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Legacy Holdings, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: ASFD, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Commerce Call Center, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Commerce South, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Equipment, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: 7601 Trade Port Drive, LLC
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Online Direct, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Promotions Distributor Services Corporation
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: E-Dialog, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Interactive, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: KOP Promotions, LLC.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Silverlign Group, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Media, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Retail Convergence, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: SmartBargains, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: SmartBargains Security Corporation
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: SB.com, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Retail Convergence.com, LP
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: ShopRunner, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: M3 Mobile, Incorporated
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: MBS Insight, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: VendorNet, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Marketing Services, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Fetchback, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: RueLaLa, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Gator Acquisition Corp.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Gator Acquisition LLC
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
SCHEDULE 1.1(C)
TERM LOAN COMMITMENTS OF TERM LOAN LENDERS
AND ADDRESSES FOR NOTICES
AND ADDRESSES FOR NOTICES
Part 1Term Loan Commitments of Term Loan Lenders
Amount of Commitment for | Applicable Term | |||||||
Lender | Term Loans | Loan Percentage | ||||||
Bank of America N.A. NC1-001-04-39 101 North Tryon Street Charlotte, NC 28255 |
$ | 11,787,500.00 | 10.250000000 | % | ||||
Daily Operations Contact: Name: Nilesh Patel Telephone: (980) 386-5094 Telecopy: (704) 719-8870 npatel@baml.com |
||||||||
Loan Closer Contact: Name: Wayne A. Richard Telephone: (980) 388-6484 Telecopy: (704) 208-3075 wayne.a.richard@baml.com |
||||||||
Other Notices as Administrative Agent: Bank of America, N.A. Agency Management Address: 135 S. LaSalle Street, IL1-231-05-41 Chicago, IL 60603 Attention: Fani Davidson Telephone: (312) 923-0604 Telecopy: (312) 453-4217 fani.davidson@baml.com |
||||||||
Standby L/C Issuer: Bank of America, N.A. Trade Operations Address: 1 Fleet Way, PA6-580-02-30 Scranton, PA 18507 Attention: Alfonso Malave Telephone: (570) 330-4212 Telecopy: (570) 330-4186 alfonso.malave@baml.com |
||||||||
Commercial L/C Issuer: Bank of America, N.A. Trade Operations Address: 1 Fleet Way, PA6-580-02-30 Scranton, PA 18507 Attention: Anne Rodeghiero Telephone: (570) 330-4804 Telecopy: (212) 293-8117 anne.t.rodeghiero@baml.com |
Amount of Commitment for | Applicable Term | |||||||
Lender | Term Loans | Loan Percentage | ||||||
USD PAYMENT INSTRUCTIONS: Bank of America New York NY ABA 026009593 Acct # 1366212250600 Acct Name: Corporate Credit Services Ref: GSI COMMERCE, INC. |
||||||||
Morgan Stanley Bank, N.A.
|
$ | 11,787,500.00 | 10.250000000 | % | ||||
PNC Bank, N.A.
|
$ | 11,787,500.00 | 10.250000000 | % | ||||
Deutsche Bank Trust Company Americas
|
$ | 11,787,500.00 | 10.250000000 | % | ||||
JPMorgan Chase Bank, N.A.
|
$ | 11,787,500.00 | 10.250000000 | % | ||||
TD Bank, N.A.
|
$ | 8,625,000.00 | 7.500000000 | % | ||||
HSBC Bank USA, National Association
|
$ | 8,625,000.00 | 7.500000000 | % | ||||
RBS Citizens N.A.
|
$ | 8,625,000.00 | 7.500000000 | % | ||||
Sovereign Bank
|
$ | 8,625,000.00 | 7.500000000 | % | ||||
UBS Loan Finance LLC
|
$ | 5,750,000.00 | 5.000000000 | % | ||||
Raymond James Bank, FSB
|
$ | 5,750,000.00 | 5.000000000 | % | ||||
Union Bank, N.A.
|
$ | 5,750,000.00 | 5.000000000 | % | ||||
First Commonwealth Bank
|
$ | 2,875,000.00 | 2.500000000 | % | ||||
Goldman Sachs Bank USA
|
$ | 1,437,500.00 | 1.250000000 | % | ||||
Total
|
$ | 115,000,000.00 | 100.000000000 | % | ||||
Part 2Addresses for Notices to Borrowers and Guarantors
BORROWERS:
Name: GSI Commerce, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Commerce Solutions, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
GUARANTORS:
Name: 935 KOP Associations, LLC.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: 1075 First Global Associates, LLC
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Legacy Holdings, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: ASFD, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Commerce Call Center, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Commerce South, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Equipment, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: 7601 Trade Port Drive, LLC
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Online Direct, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Promotions Distributor Services Corporation
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: E-Dialog, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Interactive, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: KOP Promotions, LLC.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Silverlign Group, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Media, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Retail Convergence, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: SmartBargains, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: SmartBargains Security Corporation
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: SB.com, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Retail Convergence.com, LP
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: ShopRunner, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: M3 Mobile, Incorporated
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: MBS Insight, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: VendorNet, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: GSI Marketing Services, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Fetchback, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: RueLaLa, Inc.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Gator Acquisition Corp.
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Name: Gator Acquisition LLC
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
Address: 935 First Avenue
King of Prussia, PA 19406
Attention: Chief Financial Officer
Telephone: (610) 496-7000
Telecopy: (610) 265-1730
SCHEDULE 11.5
ADMINISTRATIVE AGENT INFORMATION
Bank of America, N.A.
NC1-001-04-39
101 North Tryon Street
Charlotte, NC 28255
NC1-001-04-39
101 North Tryon Street
Charlotte, NC 28255
Daily Operations Contact:
Name: Nilesh Patel
Telephone: (980) 386-5094
Telecopy: (704) 719-8870
npatel@baml.com
Name: Nilesh Patel
Telephone: (980) 386-5094
Telecopy: (704) 719-8870
npatel@baml.com
Loan Closer Contact:
Name: Wayne A. Richard
Telephone: (980) 388-6484
Telecopy: (704) 208-3075
wayne.a.richard@baml.com
Name: Wayne A. Richard
Telephone: (980) 388-6484
Telecopy: (704) 208-3075
wayne.a.richard@baml.com
Other Notices as Administrative Agent:
Bank of America, N.A.
Agency Management
Address: 135 S. LaSalle Street, IL1-231-05-41
Chicago, IL 60603
Attention: Fani Davidson
Telephone: (312) 923-0604
Telecopy: (312) 453-4217
fani.davidson@baml.com
Bank of America, N.A.
Agency Management
Address: 135 S. LaSalle Street, IL1-231-05-41
Chicago, IL 60603
Attention: Fani Davidson
Telephone: (312) 923-0604
Telecopy: (312) 453-4217
fani.davidson@baml.com
Standby L/C Issuer:
Bank of America, N.A.
Trade Operations
Address: 1 Fleet Way, PA6-580-02-30
Scranton, PA 18507
Attention: Alfonso Malave
Telephone: (570) 330-4212
Telecopy: (570) 330-4186
alfonso.malave@baml.com
Bank of America, N.A.
Trade Operations
Address: 1 Fleet Way, PA6-580-02-30
Scranton, PA 18507
Attention: Alfonso Malave
Telephone: (570) 330-4212
Telecopy: (570) 330-4186
alfonso.malave@baml.com
Commercial L/C Issuer:
Bank of America, N.A.
Trade Operations
Address: 1 Fleet Way, PA6-580-02-30
Scranton, PA 18507
Attention: Anne Rodeghiero
Telephone: (570) 330-4804
Telecopy: (212) 293-8117
anne.t.rodeghiero@baml.com
Bank of America, N.A.
Trade Operations
Address: 1 Fleet Way, PA6-580-02-30
Scranton, PA 18507
Attention: Anne Rodeghiero
Telephone: (570) 330-4804
Telecopy: (212) 293-8117
anne.t.rodeghiero@baml.com
USD PAYMENT INSTRUCTIONS:
Bank of America
New York NY
ABA 026009593
Acct # 1366212250600
Acct Name: Corporate Credit Services
Ref: GSI COMMERCE, INC.
Bank of America
New York NY
ABA 026009593
Acct # 1366212250600
Acct Name: Corporate Credit Services
Ref: GSI COMMERCE, INC.