Exhibit 10.5
$15,500,000
COMMITMENT INCREASE
under
AMENDED AND RESTATED CREDIT
AGREEMENT
dated as of
May 11, 2007
and amended and restated as
of
June 12, 2009
among
UNITED STATES STEEL
CORPORATION
LENDERS PARTY THERETO
THE LC ISSUING BANKS PARTY
THERETO
and
JPMORGAN CHASE BANK,
N.A.,
as Administrative Agent and Collateral
Agent
COMMITMENT
INCREASE
THIS AGREEMENT is dated as of
July 20, 2009 between UNITED STATES STEEL CORPORATION (the
“ Borrower ”) and JPMORGAN CHASE BANK, N.A., as
Lender (“ JPMorgan ”) with respect to the
Amended and Restated Credit Agreement dated as of May 11, 2007
and amended and restated as of June 12, 2007 (the “
Credit Agreement ”) among the Borrower, the LENDERS
party thereto, the LC ISSUING BANKS party thereto and JPMORGAN
CHASE BANK, N.A., as Administrative Agent and Collateral
Agent.
The parties hereto agree as
follows:
Section 1 . Defined Terms;
References. Unless otherwise specifically defined herein, each
term used herein that is defined in the Credit Agreement has the
meaning assigned to such term in the Credit Agreement. Each
reference to “hereof”, “hereunder”,
“herein” and “hereby” and each other
similar reference and each reference to “this
Agreement” and each other similar reference contained in the
Credit Agreement shall, after this Agreement becomes effective,
refer to the Credit Agreement as amended hereby.
Section 2. Increase in
Commitments. Pursuant to Section 2.15(c) of the Credit
Agreement, the Commitment of JPMorgan shall be increased by
$15,500,000 with effect from and including the Increase Effective
Date (hereinafter defined). The aggregate principal amount of the
Replacement Commitment provided hereunder is equal to the aggregate
principal amount of the Commitment of Wo