The purpose of the Non-Employee Director Stock and Deferral Plan (the “Plan”) (formerly the Deferred Compensation Plan for Non-Employee Directors) is to promote the achievement of long-term objectives of AT&T Inc. by linking the personal interests of Non-Employee Directors to those of the Company’s stockholders and to attract and retain Non-Employee Directors of outstanding competence.
[Section 7.6] of the Agreement is hereby amended and restated to read as follows:
[Section 7.01] of the Credit Agreement is hereby amended by deleting the reference to “March 31, 2022” therein and inserting in lieu thereof “March 31, 2023”.
[Section 7.01(a)] is hereby amended by adding the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) and by deleting the stricken text (indicated textually in the same manner as the following example: stricken text):
[Section 7.9(w)(iv)] of the Credit Agreement shall be amended and restated in its entirety to read as follows:
[Section 7.02-1]1] of the Trust Agreement provides that the Company and the trustee may amend the Trust Agreement prior to a Special Circumstance (as defined in the trust Agreement) without the written consent of the Plan participants if such amendment does not have a material adverse effect on the rights of any participant.
[Section 7.02] is hereby amended by adding the following provision at the end thereof:
[Schedule 7.8(b)] sets forth, as of the Closing Date, a complete and accurate list of all Liens (other than Liens permitted under [Sections 9.1(a) and (c) through (n)]) on the property or assets of each Credit Party and each of its Subsidiaries, showing as of the date hereof the lienholder thereof and the property or assets of such Credit Party or such Subsidiary subject thereto. The property of each Credit Party and each of its Subsidiaries is subject to no Liens, other than Liens set forth on [Schedule 7.8(b)], and Permitted Liens.
[Schedule 7.8(c)] (as the same may be updated from time to time pursuant to [Section 8.2(k)]), sets forth a complete and accurate list of all real property owned by each Credit Party and each of its Subsidiaries, showing as of the date hereof (or such later date as such Schedule is updated (or required to be updated) pursuant to [Section 8.2(k)]) the street address, county or other relevant jurisdiction, state and record owner thereof. Each Credit Party and each of its Subsidiaries has good, marketable and insurable fee simple title to the real property owned by such Credit Party or such Subsidiary, free and clear of all Liens, other than Liens created or permitted by the Loan Documents.
[Section 7.02(h)] of the Financing Agreement (Restricted Payments) is hereby amended by amending and restating clause (F) after the first proviso thereof in its entirety to read as follows:
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