-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QP+WCC1eL6U5OrxkwgjnN7l4FyzO84eIZI9YPorgKzlcv8WmnENfVnqL7JxD0t8S JOVUSQjNCXnXvJ7uTgWEpg== 0000827052-08-000043.txt : 20080319 0000827052-08-000043.hdr.sgml : 20080319 20080319143723 ACCESSION NUMBER: 0000827052-08-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080313 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080319 DATE AS OF CHANGE: 20080319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EDISON INTERNATIONAL CENTRAL INDEX KEY: 0000827052 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 954137452 STATE OF INCORPORATION: CA FISCAL YEAR END: 1206 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09936 FILM NUMBER: 08699019 BUSINESS ADDRESS: STREET 1: 2244 WALNUT GROVE AVE, STE 369 STREET 2: P O BOX 800 CITY: ROSEMEAD STATE: CA ZIP: 91770 BUSINESS PHONE: 6263022222 MAIL ADDRESS: STREET 1: 2244 WALNUT GROVE AVE, STE 369 STREET 2: P O BOX 800 CITY: ROSEMEAD STATE: CA ZIP: 91770 FORMER COMPANY: FORMER CONFORMED NAME: SCECORP DATE OF NAME CHANGE: 19920703 8-K 1 eix8kca0308.htm EIX FIRST AMENDMENT TO CREDIT AGMT eix8kca0308


==============================================================================
                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                   FORM 8-K


                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): March 13, 2008



                             EDISON INTERNATIONAL
            (Exact name of registrant as specified in its charter)



          CALIFORNIA               001-9936                  95-4137452
 (State or other jurisdiction     (Commission             (I.R.S. Employer
       of incorporation)         File Number)            Identification No.)


                           2244 Walnut Grove Avenue
                                (P.O. Box 800)
                          Rosemead, California 91770
         (Address of principal executive offices, including zip code)

                                 626-302-2222
             (Registrant's telephone number, including area code)

==============================================================================
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
==============================================================================

[  ]  Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
==============================================================================


Page 1



Item 1.01  Entry into a Material Definitive Agreement

      On March 13, 2008, a First Amendment (the "Amendment") to the Amended
and Restated Credit Agreement (the "Credit Agreement") among Edison
International, JPMorgan Chase Bank, N.A., as Administrative Agent, Citicorp
North America, Inc., as Syndication Agent, and Credit Suisse First Boston,
Lehman Commercial Paper Inc., and Wells Fargo Bank, N.A., as Documentation
Agents, and the lenders thereto, became effective.

      The Credit Agreement continues to provide for a $1.5 billion revolving
credit facility at interest rates which are specified in the Credit Agreement
and remain unchanged.  The Amendment extends the current termination date
under the Credit Agreement for one year, from February 23, 2012 to February
25, 2013.  In addition, Edison International is permitted thereunder a total
of five extension options (four remaining after the extension implemented by
the Amendment), with an outside termination date of February 23, 2017.  The
Amendment further revises the time periods for notices relating to requests
to extend the termination date.

      The Amendment also establishes a $200,000,000 swingline sub-facility
with JPMorgan Chase Bank, N.A. acting as the initial swingline lender.

      Finally, the Amendment provides Edison International with additional
Eurodollar interest period options, and a shortened notice period for
requesting Eurodollar loans.

      Many of the investment banking firms that are a party to the Credit
Agreement or their affiliates have in the past performed, and may in the
future from time to time perform, investment banking, financial advisory,
lending and/or commercial banking services for Edison International and
certain of its subsidiaries and affiliates, for which service they have in
the past received, and may in the future receive, customary compensation and
reimbursement of expenses.

      The foregoing description is qualified in its entirety by reference to
the full text of the Amendment, filed as Exhibit 10.1 hereto and incorporated
by reference herein.

                Section 9 - Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits

      (c)   Exhibits

      See the Exhibit Index below.


Page 2



                                  SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                       EDISON INTERNATIONAL
                                               (Registrant)


                                       /s/ Linda G. Sullivan
                                       -----------------------------
                                       Linda G. Sullivan
                                       Vice President and Controller

Date:  March 19, 2008


Page 3



                                EXHIBIT INDEX

Exhibit No.     Description

10.1            First Amendment to the Amended and Restated Credit
                Agreement among Edison International, JPMorgan Chase
                Bank, N.A., as Administrative Agent, Citicorp North
                America, Inc., as Syndication Agent, and Credit Suisse
                First Boston, Lehman Commercial Paper Inc., and Wells
                Fargo Bank, N.A., as Documentation Agents, and the
                lenders thereto.



EX-10 2 ex10ca0308.htm FIRST AMENDMENT TO CREDIT AGREEMENT eixfirstcreditagmt0308



                     FIRST AMENDMENT TO CREDIT AGREEMENT


            FIRST AMENDMENT dated as of February 14, 2008 (this "Amendment"),
to the Amended and Restated Credit Agreement, dated as of February 23, 2007
(the "Existing Credit Agreement"), among EDISON INTERNATIONAL, a California
corporation (the "Borrower"), the several banks and other financial
institutions from time to time parties thereto (the "Lenders"), CITICORP
NORTH AMERICA, INC., as syndication agent (in its capacity as such, the
"Syndication Agent"), CREDIT SUISSE, LEHMAN COMMERCIAL PAPER INC. AND WELLS
FARGO BANK, N.A., as documentation agents (in their respective capacities as
such, the "Documentation Agents"), and JPMORGAN CHASE BANK, N.A., as
administrative agent for the Lenders (in such capacity, the "Administrative
Agent").  Capitalized terms used but not defined herein shall have the
meanings ascribed to such terms in the Existing Credit Agreement.

                            W I T N E S S E T H :

            WHEREAS, pursuant to the Existing Credit Agreement, the Lenders
have agreed to make, and have made, certain extensions of credit to and for
the account of the Borrower; and

            WHEREAS, the Borrower has requested that, upon the terms and
conditions set forth herein, the Existing Credit Agreement be amended as
provided herein.

            NOW, THEREFORE, the parties hereto hereby agree as follows:

1.    Amendment to Section 1.1 of the Existing Credit Agreement. Section 1.1
of the Existing Credit Agreement is hereby amended by deleting that portion
of the definition of "Interest Period" which appears before the phrase
"provided that" and substituting therefor the following:

                  "Interest Period":  (a) with respect to any ABR Loan, the
      period commencing on the Borrowing Date or the Conversion Date, as the
      case may be, with respect to such ABR Loan and ending on the last day
      of each March, June, September and December to occur while such Loan is
      outstanding and the final maturity date of such Loan, and (b) with
      respect to any Eurodollar Loan:

            (i) initially, the period commencing on the Borrowing Date or the
      Conversion Date, as the case may be, with respect to such Eurodollar
      Loan and ending one, two, three or six months or 7, 14 or 21 days
      thereafter as selected by the Borrower in its notice of borrowing or
      notice of conversion, as the case may be, given with respect thereto;
      and

            (ii) thereafter, each period commencing on the last day of the
      next preceding Interest Period applicable to such Eurodollar Loan and
      ending one, two, three or six months or 7, 14 or 21 days thereafter as
      selected by the Borrower by irrevocable notice to the Administrative
      Agent not less than two Business Days prior to the last day of the then
      current Interest Period with respect thereto;

2.    Amendment to Section 2.2 of the Existing Credit Agreement.  Section 2.2
of the Existing Credit Agreement is hereby amended by deleting clause (a) and
replacing it with the


Page 1



following: "(a) 11:00 A.M., New York City time, two business days prior to
the requested Borrowing Date, in the case of Eurodollar".

3.    Amendment to Section 2.6 of the Existing Credit Agreement.  Section 2.6
of the Existing Credit Agreement is hereby amended by:

            (a) deleting the phrase "12:30 P.M." and replacing it with the
phrase "11:00 A.M." in paragraph (a) thereof; and

            (b) deleting the word "three" and replacing it with the word
"two" in paragraph (a) thereof.

4.    Amendment to Section 2.18 of the Existing Credit Agreement.  Section
2.18 of the Existing Credit Agreement is hereby amended by deleting such
Section and substituting therefor the following:

                  2.18. Extension Option.  The Borrower may request that the
      Total Commitments be renewed for additional one year periods by
      providing notice of such request to the Administrative Agent no earlier
      than a number of days specified by the Administrative Agent from time
      to time prior to the then next occurring anniversary of the Closing
      Date (each, a "Noticed Anniversary Date").  If a Lender agrees, in its
      individual and sole discretion, to extend its Commitment (an "Extending
      Lender"), it will notify the Administrative Agent, in writing, of its
      decision to do so no later than a number of days prior to the
      applicable Noticed Anniversary Date specified by the Administrative
      Agent from time to time (but in any event not later than 20 days prior
      to such Noticed Anniversary Date).  The Administrative Agent will
      notify the Borrower, in writing, of the Lenders' decisions no later
      than 5 days prior to such Noticed Anniversary Date.  The Extending
      Lenders' Commitments will be renewed for an additional one year from
      the then existing Termination Date and such extended Termination Date
      shall become the Termination Date (except as otherwise provided in this
      Section 2.18 as to Declining Lenders), provided that (i) more than 50%
      of the Total Commitments is extended or otherwise committed to by
      Extending Lenders and any new Lenders and (ii) all representations and
      warranties made by the Borrower in or pursuant to the Loan Documents
      shall be true and correct in all material respects on and as of such
      date as if made on and as of such date, except (A) any representations
      and warranties which are explicitly stated as having been made as of a
      specific date, which representations and warranties shall be true and
      correct in all material respects on and as of such date and (B) the
      representations and warranties set forth in Sections 4.2 and 4.7 shall
      not be required to be restated.  Any Lender that declines or does not
      respond to the Borrower's request for commitment renewal (a "Declining
      Lender") will have its Commitment terminated on the earlier of (i) the
      then existing Termination Date (without regard to any renewals by other
      Lenders) (the "Existing Termination Date") and (ii) the date such
      Declining Lender is replaced in accordance with Section 2.17, and at
      such time the Borrower shall repay all Loans, participations in LC
      Disbursements, participating interests in Swingline Loans and Swingline
      Participation Amounts and other amounts owing to such Declining Lender.


Page 2



      The Borrower will have the right to accept commitments from third party
      financial institutions acceptable to the Administrative Agent in an
      amount up to the amount of the Commitments of any Declining Lenders,
      provided that the Extending Lenders will have the right to increase
      their Commitments up to the amount of the Declining Lenders'
      Commitments before the Borrower will be permitted to substitute any
      other financial institutions for the Declining Lenders.  The Borrower
      may only so extend the Termination Date five times.  The Termination
      Date may not be extended beyond February 23, 2017.


5.    Approval of Extension to February 25, 2013.  The Borrower has requested
that the Termination Date be extended from February 23, 2012 to February 25,
2013. Each Lender party hereto agrees to extend its Commitment to February
25, 2013. For the purpose of clarification, the Lenders hereby agree to waive
the requirements of Section 2.18 of the Existing Credit Agreement, as amended
by this Amendment, with respect to such extension.

6.    Addition of Swingline Facility.  The Lenders hereby consent to the
amendment of the Existing Credit Agreement in order to establish a
$200,000,000 swingline facility (the "Swingline Facility") by JPMorgan Chase
Bank, N.A. as a subfacility under the Commitments.  The swingline facility
shall contain terms substantially as set forth on Schedule I hereto and such
other terms as the Administrative Agent believes in its sole discretion as
necessary or advisable in connection with the implementation of the Swingline
Facility.  The Lenders authorize the Borrower and the Administrative Agent to
enter into such amendments to the Existing Credit Agreement as are necessary
or advisable to establish the Swingline Facility.

7.    Effectiveness.  This Amendment shall become effective on the date the
Administrative Agent has received counterparts of this Amendment executed by
the Borrower, the Administrative Agent and the Required Lenders; provided
that if counterparts are received by the Required Lenders, but not all of the
Lenders, the Lenders hereby agree that, at Borrower's discretion, either (a)
the Borrower shall replace the Lenders that have not provided their
counterpart in accordance with Section 2.17 of the Existing Credit Agreement,
and this Amendment will be effective in its totality, or (b) this Amendment
will be effective, other than Section 6 hereof.

8.    Payment of Fees and Expenses.  The Borrower agrees to pay or reimburse
the Administrative Agent for all of its out-of-pocket costs and reasonable
expenses incurred in connection with this Amendment and any other documents
prepared in connection herewith and the transactions contemplated hereby,
including, without limitation, the reasonable fees and disbursements of
counsel to the Administrative Agent.

9.    Representations and Warranties.  After giving effect to this Amendment,
the Borrower hereby confirms, reaffirms and restates the representations and
warranties set forth in Section 4 of the Existing Credit Agreement as if made
on and as of the date hereof except for any representation or warranty made
as of the earlier date, which representation or warranty shall have been true
and correct in all material respects as of such earlier date, and except that
the representations and warranties set forth in Sections 4.2 and 4.7 are not
hereby restated.


Page 3



10.   Governing Law; Counterparts. (a)  This Amendment and the rights and
obligations of the parties hereto shall be governed by, and construed and
interpreted in accordance with, the laws of the State of New York.

(b)   This Amendment may be executed by one or more of the parties to this
Agreement in any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument. A set of the copies of this Amendment signed by all the parties
shall be lodged with the Borrower and the Administrative Agent.  This
Amendment may be delivered by facsimile transmission of the relevant
signature pages hereof.

                           [SIGNATURE PAGES FOLLOW]


Page 4



            IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be duly executed and delivered by their proper and duly authorized
officers as of the day and year first above written.

                                    EDISON INTERNATIONAL


                                    By:/s/ George T. Tabata
                                       ---------------------------------------
                                    Name:  George T. Tabata
                                    Title: Assistant Treasurer


                                    JPMORGAN CHASE BANK, N.A.,
                                      as Administrative Agent and as a Lender


                                    By:/s/ Juan Javellana
                                       ---------------------------------------
                                    Name:  Juan Javellana
                                    Title: Vice President


Page 5



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: CITICORP NORTH AMERICA, INC.


                                    By: /s/ Nietzsche Rodricks
                                        --------------------------------------
                                    Name:   Nietzsche Rodricks
                                    Title:  Director


Page 6



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: CREDIT SUISSE CAYMAN ISLANDS BRANCH


                                    By: /s/ Brian Caldwell
                                        -------------------------------------
                                    Name:   Brian Caldwell
                                    Title:  Director


                                    By: /s/ Nupur Kumar
                                        --------------------------------------
                                    Name:   Nupur Kumar
                                    Title:  Associate


Page 7



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: WELLS FARGO BANK, N.A.


                                    By: /s/ Ling Li
                                        --------------------------------------
                                    Name:   Ling Li
                                    Title:  Vice President


Page 8



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: LEHMAN BROTHERS BANK, FSB


                                    By: /s/ Janine M. Shugan
                                        --------------------------------------
                                    Name:   Janine M. Shugan
                                    Title:  Authorized Signatory


Page 9



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: DEUTSCHE BANK AG NEW YORK BRANCH


                                    By: /s/ Marcus Tarkington
                                        --------------------------------------
                                    Name:   Marcus Tarkington
                                    Title:  Director


                                    By: /s/ Rainer Meier
                                        --------------------------------------
                                    Name:   Rainer Meier
                                    Title:  Vice President


Page 10



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: MERRILL LYNCH BANK USA


                                    By: /s/ Louis Alder
                                        --------------------------------------
                                    Name:   Louis Alder
                                    Title:  First Vice President


Page 11


                                                         EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: THE ROYAL BANK OF SCOTLAND PLC


                                    By: /s/ Emily Freedman
                                        --------------------------------------
                                    Name:   Emily Freedman
                                    Title:  Vice President


Page 12



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: THE BANK OF NEW YORK


                                    By: /s/ Mark W. Rogers
                                        --------------------------------------
                                    Name:   Mark W. Rogers
                                    Title:  Vice President



Page 13


                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: MELLON BANK, N.A.


                                    By: /s/ Mark W. Rogers
                                        --------------------------------------
                                    Name:   Mark W. Rogers
                                    Title:  Vice President



Page 14



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: Goldman Sachs Credit Partners


                                    By: /s/ Mark Walton
                                        --------------------------------------
                                    Name:   Mark Walton
                                    Title:  Vice President



Page 15


                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: ABN AMRO BANK N.V.


                                    By: /s/ R. Scott Donaldson
                                        --------------------------------------
                                    Name:   R. Scott Donaldson
                                    Title:  Director


                                    By: /s/ M. Aamir Khan
                                        --------------------------------------
                                    Name:   M. Aamir Khan
                                    Title:  Vice President


Page 16



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: UBS LOAN FINANCE LLC


                                    By: /s/ David B. Julie
                                        --------------------------------------
                                    Name:   David B. Julie
                                    Title:  Associate Director


                                    By: /s/ Mary E. Evans
                                        --------------------------------------
                                    Name:   Mary E. Evans
                                    Title:  Associate Director


Page 17



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: UNION BANK OF CALIFORNIA, N.A.


                                    By: /s/ Dennis G. Blank
                                        --------------------------------------
                                    Name:   Dennis G. Blank
                                    Title:  Vice President


Page 18



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: THE BANK OF TOKYO-MITSUBISHI UFJ, LTC., NEW
      YORK BRANCH


                                    By: /s/ Maria Ferradas
                                        --------------------------------------
                                    Name:   Maria Ferradas
                                    Title:  Authorized Signatory


Page 19



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: BANK OF AMERICA, N.A.


                                    By: /s/ Kevin P. Bertelsen
                                        --------------------------------------
                                    Name:   Kevin P. Bertelsen
                                    Title:  Senior Vice President



Page 20


                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: SUNTRUST BANK


                                    By: /s/ Yann Pirio
                                        --------------------------------------
                                    Name:   Yann Pirio
                                    Title:  Director


Page 21



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: BAYERISCHE LANDESBANK, NEW YORK BRANCH


                                    By: /s/ Craig Anderson
                                        --------------------------------------
                                    Name:   Craig Anderson
                                    Title:  First Vice President


                                    By: /s/ John Gregory
                                        --------------------------------------
                                    Name:  John Gregory
                                    Title: First Vice President


Page 22



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: CITY NATIONAL BANK


                                    By: /s/ Brandon L. Feitelson, C.F.A.
                                        ---------------------------------------------------
                                    Name:   Brandon L. Feitelson, C.F.A.
                                    Title:  Vice President


Page 23



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: FIRST COMMERCIAL BANK, LOS ANGELES BRANCH


                                    By: /s/ Larry Jen-Yu Lai
                                        --------------------------------------
                                    Name:  Larry Jen-Yu Lai
                                    Title: SAVP and Deputy General Manager


Page 24



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008





The Lender signatory hereto hereby agrees and consents to the First Amendment
to Credit Agreement, and agrees to the Borrower's request that the
Termination Date be extended from February 23, 2012 to February 25, 2013.

      Name of Institution: CHANG HWA COMMERCIAL BANK, LTD., NEW YORK
      BRANCH


                                    By: /s/ Jim C.Y. Chen
                                        --------------------------------------
                                    Name:   Jim C.Y. Chen
                                    Title:  Vice President and General Manager


Page 25



                                                          EDISON INTERNATIONAL
                                             SIGNATURE PAGE TO FIRST AMENDMENT
                                                 DATED AS OF FEBRUARY 14, 2008


The Lender signatory hereto hereby agrees and consents to the First Amendment to Credit
Agreement with respect to all proposed changes EXCEPT the extension of the Termination
Date.

      Name of Institution: COMMERZBANK AG, NEW YORK AND GRAND CAYMAN BRANCHES


                                    By:/s/ Hans J. Scholz
                                    ------------------------------------------
                                    Name:  Hans J. Scholz
                                    Title: Vice President


                                    By:/s/ Barbara Stacks
                                    ------------------------------------------
                                    Name:  Barbara Stacks
                                    Title: Assistant Vice President


Page 26



                                                                    SCHEDULE I

                        SWINGLINE FACILITY PROVISIONS

Definitions

            "Cost of Funds Rate":  for any day, the fluctuating rate of
interest per annum for such day equal to the "ASK" rate for Federal funds
appearing on Page 5 of the Telerate Service (or on any successor substitute
page of such Service, or any successor to or substitute for such Service,
providing rate quotations comparable to those currently provided on such page
of such Service, as determined by the Administrative Agent from time to time
for purposes of providing quotations of the offer rates applicable to Federal
funds for a term of one Business Day) at the time reviewed by the
Administrative Agent.

            "Cost of Funds Rate Loan":  a Swingline Loan that bears interest
at a rate based upon the Cost of Funds Rate.

            "Exposure":  with respect to any Lender at any time, an amount
equal to the sum of (i) the amount of such Lender's outstanding Loans, LC
Exposure and Swingline Participation Amount at such time and (ii) such
Lender's Percentage of the outstanding Swingline Loans at such time.

            "Loan":  any loan made by any Lender pursuant to Section 2.1 or
      Section X.2(b).

            "Swingline Commitment":  the obligation of the Swingline Lender
to make Swingline Loans pursuant to Section X.1 in an aggregate principal
amount at any one time outstanding not to exceed $200,000,000.

            "Swingline Lender":  JPMorgan Chase Bank, N.A., in its capacity
as the lender of Swingline Loans.

            "Swingline Loans":  as defined in Section X.1.

            "Swingline Participation Amount":  as defined in Section X.2(b).

Operative Provisions

            X.1.  Swingline Commitment.  (a)  Subject to the terms and
conditions hereof, the Swingline Lender agrees to make a portion of the
credit otherwise available to the Borrower under the Commitments from time to
time during the Commitment Period by making swing line loans ("Swingline
Loans") to the Borrower; provided that (i) the aggregate principal amount of
Swingline Loans outstanding at any time shall not exceed the Swingline
Commitment then in effect (notwithstanding that the Swingline Loans
outstanding at any time, when aggregated with the Swingline Lender's other
outstanding Loans, may exceed the Swingline Commitment then in effect) and
(ii) the Borrower shall not request, and the Swingline Lender shall not make,
any Swingline Loan if, after giving effect to the making of such Swingline
Loan, the Total Exposures would exceed the Total Commitments.  During the
Commitment Period, the Borrower may use the Swingline Commitment by
borrowing, repaying and reborrowing, all in accordance with the


Page 27



terms and conditions hereof.  Swingline Loans shall be ABR Loans or Cost of
Funds Rate Loans only.

            (b)   A Swingline Loan shall be an ABR Loan, unless the Borrower
has requested a Cost of Funds Rate Loan at a Cost of Funds Rate quoted by the
Swingline Lender and confirmed by the Borrower pursuant to the following
procedures. If the Borrower desires a Cost of Funds Rate Loan (i) the
Borrower shall request a quote for a Cost of Funds Rate Loan, and the
Swingline Lender shall within a reasonable time after receipt of the request
directly contact the Borrower (which may be done by telephone) with its Cost
of Funds Rate (confirmed by telecopy), (ii) the Borrower shall immediately
inform the Swingline Lender of its decision as to whether to request a Cost
of Funds Rate Loan at the Cost of Funds Rate (which may be done by telephone
and promptly confirmed in writing and which decision shall be irrevocable),
and (iii) if the Borrower has so informed the Swingline Lender that it does
desire a Cost of Funds Rate Loan at the Cost of Funds Rate, the Swingline
Lender shall promptly make such Cost of Funds Rate Loan available to the
Borrower.  At all times such Loan is a Cost of Funds Rate Loan, the Borrower
shall pay interest on the unpaid principal amount of such Cost of Funds Rate
Loan from the date of such Cost of Funds Rate Loan until such principal
amount shall be paid in full at a rate per annum equal to the Cost of Funds
Rate in effect from time to time plus the Applicable Margin for Eurodollar
Loans in effect from time to time.

            (c)   The Borrower shall repay to the Swingline Lender the then
unpaid principal amount of each Swingline Loan on the earlier of the
Termination Date and the date that is five Business Days after such Swingline
Loan is made; provided that on each date that a Loan is borrowed, the
Borrower shall repay all Swingline Loans then outstanding.

            X.2   Procedure for Swingline Borrowing; Refunding of Swingline
Loans.  (a)  The Borrower may borrow under the Swingline Commitment during
the Commitment Period on any Business Day, provided that the Borrower shall
give the Administrative Agent irrevocable notice, which notice must be
executed by a Responsible Officer of the Borrower and received by the
Administrative Agent prior to 1:00 P.M., New York City time, on the requested
Borrowing Date.  Each such notice shall specify (i) the amount to be borrowed
and (ii) the requested Borrowing Date.  Each borrowing under the Swingline
Commitment shall be in an amount equal to  $500,000 or a whole multiple of
$100,000 in excess thereof; provided that a borrowing under the Swingline
Commitment may be in any amount (subject to Section X.1) that is required to
finance the reimbursement of all or a part of an LC Disbursement as
contemplated by Section 3.5.  The Swingline Lender will make the amount of
each borrowing under the Swingline Facility available to the Administrative
Agent for the account of the Borrower at the office of the Administrative
Agent specified in Section 9.2 prior to 3:00 P.M., New York City time, on the
Borrowing Date requested by the Borrower in funds immediately available to
the Administrative Agent.  Such borrowing will then be made available to the
Borrower by the Administrative Agent crediting the account of the Borrower on
the books of such office with the amount made available to the Administrative
Agent by the Swingline Lender promptly upon receipt thereof and in like funds
as received by the Administrative Agent; provided that Loans made to finance
the reimbursement of an LC Disbursement as provided in Section 3.5 shall be
remitted by the Administrative Agent to the applicable Issuing Lender.


Page 28



            (b)   The Swingline Lender, at any time and from time to time in
its sole and absolute discretion may, on behalf of the Borrower (which hereby
irrevocably directs the Swingline Lender to act on its behalf), on one
Business Day's notice given by the Swingline Lender no later than 12:00 Noon,
New York City time, request each Lender to make, and each Lender hereby
agrees to make, a Loan, in an amount equal to such Lender's Percentage of the
aggregate amount of the Swingline Loans (the "Refunded Swingline Loans")
outstanding on the date of such notice, to repay the Swingline Lender.  Each
Lender shall make the amount of such Loan available to the Administrative
Agent for the account of the Issuing Lender at the office of the
Administrative Agent specified in Section 9.2 prior to 10:00 A.M., New York
City time, one Business Day after the date of such notice in funds
immediately available to the Administrative Agent.  The proceeds of such
Loans will then be immediately made available by the Administrative Agent to
the Swingline Lender for application by the Swingline Lender to the repayment
of the Refunded Swingline Loans.

            (c)   If prior to the time a Loan could have otherwise been made
pursuant to Section X.2(b), one of the events described in Section 7(e) shall
have occurred and be continuing with respect to the Borrower or if for any
other reason, as determined by the Swingline Lender in its sole discretion,
Loans are not or cannot be made as contemplated by Section X.2(b), each
Lender shall, on the date such Loan should have been made pursuant to the
notice referred to in Section X.2(b), purchase for cash an undivided
participating interest in the then outstanding Swingline Loans by paying to
the Swingline Lender an amount (the "Swingline Participation Amount") equal
to (i) such Lender's Percentage times (ii) the sum of the aggregate principal
amount of Swingline Loans then outstanding that were to have been repaid with
such Loans.

            (d)   Whenever, at any time after the Swingline Lender has
received from any Lender such Lender's Swingline Participation Amount, the
Swingline Lender receives any payment on account of the Swingline Loans, the
Swingline Lender will distribute to such Lender its Swingline Participation
Amount (appropriately adjusted, in the case of interest payments, to reflect
the period of time during which such Lender's participating interest was
outstanding and funded and, in the case of principal and interest payments,
to reflect such Lender's pro rata portion of such payment if such payment is
not sufficient to pay the principal of and interest on all Swingline Loans
then due); provided, however, that in the event that such payment received by
the Swingline Lender is required to be returned, such Lender will return to
the Swingline Lender any portion thereof previously distributed to it by the
Swingline Lender.

            (e)   Each Lender's obligation to make the Loans referred to in
Section X.2(b) and to purchase participating interests pursuant to Section
X.2(c) shall be absolute and unconditional and shall not be affected by any
circumstance, including (i) any setoff, counterclaim, recoupment, defense or
other right that such Lender or the Borrower may have against the Swingline
Lender, the Borrower or any other Person for any reason whatsoever, (ii) the
occurrence or continuance of a Default or an Event of Default or the failure
to satisfy any of the other conditions specified in Section 5, (iii) any
adverse change in the condition (financial or otherwise) of the Borrower,
(iv) any breach of this Agreement or any other Loan Document by the Borrower
or any other Lender or (v) any other circumstance, happening or event
whatsoever, whether or not similar to any of the foregoing.


Page 29



            (f)   No modification, supplement or waiver to this Agreement
that shall modify or otherwise affect the rights or duties of the Swingline
Lender shall be permitted without the prior written consent of the Swingline
Lender.

            (g) The Swingline Lender shall be entitled to consent to
assignments of Commitments and Loans (other than in the case of assignments
to a Lender, or an Affiliate or Approved Fund thereof), such consent not to
be unreasonably withheld or delayed.




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