EX-10.45 6 h05116a1exv10w45.txt AFFIRMATION OF SECURITY AGREEMENT & GUARANTEE Exhibit 10.45 AFFIRMATION OF SECURITY AGREEMENT AND GUARANTY Each of the undersigned hereby acknowledges receipt of a copy of the Second Amended and Restated Credit Agreement (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement") dated as of June 17, 2003 by and among Tesoro Petroleum Corporation (the "Borrower"), the financial institutions from time to time party thereto as Lenders (the "Lenders") and Bank One, NA, as Administrative Agent (the "Administrative Agent"). Capitalized terms used in this Affirmation of Security Agreement and Guaranty and not defined herein shall have the meanings given to them in the Credit Agreement. Each of the undersigned affirms the terms and conditions of the Security Agreement, the Guaranty and any other Loan Document executed by it and acknowledges and agrees that each of the Security Agreement, the Guaranty, and each other applicable Loan Document executed by the it in connection with the Prior Credit Agreement remains in full force and effect and is hereby reaffirmed, ratified and confirmed. Each reference to the "Credit Agreement" contained in the above-referenced documents shall be a reference to the Credit Agreement as the same may from time to time hereafter be amended, modified, supplemented or restated. Dated: June 17, 2003 DIGICOMP, INC. TESORO FINANCIAL SERVICES HOLDING COMPANY TESORO AVIATION COMPANY VICTORY FINANCE COMPANY TESORO ALASKA COMPANY FAR EAST MARITIME COMPANY TESORO REFINING AND MARKETING COMPANY GOLD STAR MARITIME COMPANY TESORO MARINE SERVICES HOLDING COMPANY By: /s/ G. SCOTT SPENDLOVE TESORO MARINE SERVICES, LLC -------------------------- TESORO MARITIME COMPANY Name: G. Scott Spendlove TESORO NORTHSHORE COMPANY Title: Attorney-in-Fact TESORO PETROLEUM COMPANIES, INC. TESORO HAWAII CORPORATION SMILEY'S SUPER SERVICE, INC. By: /s/ GREGORY A. WRIGHT ------------------------- Name: Gregory A. Wright Title: Senior Vice President and By: /s/ GREGORY A. WRIGHT Chief Financial Officer ------------------------- Name: Gregory A. Wright Title: Senior Vice President, Chief Financial Officer TESORO TECHNOLOGY COMPANY and Treasurer TESORO TRADING COMPANY TESORO VOSTOK COMPANY TESORO WASATCH, LLC TESORO GAS RESOURCES COMPANY, INC. By: /s/ G. SCOTT SPENDLOVE -------------------------- Name: G. Scott Spendlove Title: Vice President, Finance and Treasurer AFFIRMATION OF SECURITY AGREEMENT AND GUARANTY AS OF JUNE 17, 2003 SIGNATURE PAGE