EX-10.2 3 tm2321988d2_ex10-2.htm EXHIBIT 10.2


Exhibit 10.2


Execution Copy


Amendment to Forbearance Agreement


As of August 15, 2023


Ladies and Gentlemen:


Reference is made to that certain Forbearance Agreement, dated as of July 16, 2023 (as amended, supplemented or otherwise modified prior to the date hereof, the “Forbearance Agreement”), by and between Mallinckrodt International Finance S.A. and Mallinckrodt CB LLC (together, the “Issuers”) and certain holders of the Issuers’ 10.000% Second Lien Senior Secured Notes due 2029 (the “Forbearing Holders”). Except as otherwise specified herein, each capitalized term used in this amendment (this “Amendment”) and not otherwise defined herein shall have the meaning ascribed to such term in the Forbearance Agreement.


Each of the parties hereto hereby agrees that, effective as of the first date on which this Amendment shall have been executed by the Issuers and Forbearing Holders constituting Requisite Forbearing Holders, the definition of “Forbearance Period” set forth in the fourth recital to the Forbearance Agreement is hereby amended by replacing “August 15, 2023” with “August 22, 2023”.


Except as specifically provided for in this Amendment, the Forbearance Agreement shall remain unmodified and in full force and effect.


[Signature page follows]





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


  Very truly yours,
  By: /s/ Matthew T. Peters
  Name: Matthew T. Peters
  Title: Director
  By:  /s/ Daniel J. Speciale
  Name: Daniel J. Speciale
  Title: Director
  By: /s/ Jason Goodson
  Name: Jason Goodson
  Title: Director





IN WITNESS WHEREOF, each Forbearing Holder party hereto has caused this Agreement to be duly executed and delivered by its respective proper and duly authorized officer(s) as of the day and year first above written as set forth on Exhibit A.