MICROCHIP TECHNOLOGY INC - FORM 10-K - EX-10.1 - EXHIBIT 10.1

Attached files

file	filename
EX-32 - EXHIBIT 32 - MICROCHIP TECHNOLOGY INC	exhibit32.htm
EX-31.2 - EXHIBIT 31.2 - MICROCHIP TECHNOLOGY INC	exhibit312.htm
EX-21.1 - EXHIBIT 21.1 - MICROCHIP TECHNOLOGY INC	exhibit211.htm
EX-23.1 - EXHIBIT 23.1 - MICROCHIP TECHNOLOGY INC	exhibit231consent.htm
EXCEL - IDEA: XBRL DOCUMENT - MICROCHIP TECHNOLOGY INC	Financial_Report.xls
10-K - 10-K - MICROCHIP TECHNOLOGY INC	a2015-03x3110k.htm
EX-31.1 - EXHIBIT 31.1 - MICROCHIP TECHNOLOGY INC	exhibit311.htm

EXHIBIT 10.1

MASTER INCREASING LENDER SUPPLEMENT

MASTER INCREASING LENDER SUPPLEMENT, dated March 19, 2015 (this “Supplement”), by and among each of the Lenders signatories hereto (each, an “Increasing Lender”) and the other parties signatory hereto, to the Amended and Restated Credit Agreement, dated as of June 27, 2013, as amended and restated as of February 4, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Microchip Technology Incorporated (the “Borrower”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”).

W I T N E S S E T H

WHEREAS, pursuant to Section 2.20 of the Credit Agreement, the Borrower has the right, subject to the terms and conditions thereof, to effectuate from time to time an increase in the aggregate amount of certain of the Revolving Commitments under the Credit Agreement by requesting one or more Lenders to increase the amount of its applicable Revolving Commitments;

WHEREAS, the Borrower has given notice to the Administrative Agent of its intention to increase the aggregate 2020 Dollar Tranche Commitments pursuant to such Section 2.20; and

WHEREAS, pursuant to Section 2.20 of the Credit Agreement, each of the undersigned Increasing Lenders now desires to increase the amount of its 2020 Dollar Tranche Commitment under the Credit Agreement by executing and delivering to the Borrower and the Administrative Agent this Supplement;

NOW, THEREFORE, each of the parties hereto hereby agrees as follows:

1. Each of the undersigned Increasing Lenders agrees, subject to the terms and conditions of the Credit Agreement, that on the date of this Supplement it shall have its 2020 Dollar Tranche Commitment increased by the amount set forth opposite its name on Schedule I attached hereto, thereby making the aggregate amount of its 2020 Dollar Tranche Commitment equal to the aggregate amount set forth opposite its name on Schedule I attached hereto.

2. The Borrower hereby represents and warrants that no Default or Event of Default has occurred and is continuing on and as of the date hereof.

3. Terms defined in the Credit Agreement shall have their defined meanings when used herein.

4. This Supplement shall be governed by, and construed in accordance with, the laws of the State of New York.

5. This Supplement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same document.

[Signature Pages Follow]

ACTIVE 206117221v.4

IN WITNESS WHEREOF, each of the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.



MIDFIRST BANK, as an Increasing Lender

By:	/s/ Rory Nordvold
	Name: Rory Nordvold
	Title: First Vice President