HUB GROUP, INC.
HUB CITY TERMINALS, INC.
AMENDMENT TO CREDIT AGREEMENT
Ladies and Gentlemen:
Reference is hereby made to that certain Credit Agreement dated as of April 30, 1999 (the "Credit Agreement"),
as amended and currently in effect, by and among Hub Group, Inc. (the "Public Hub Company"), Hub City
Terminals, Inc. for itself and as successor by merger to Hub Holdings, Inc. ("Hub Chicago"; together with the
Public Hub Company, the "Borrowers") and you (the "Lenders"). All capitalized terms used herein without
definition shall have the same meanings herein as such terms have in the Credit Agreement.
The Borrowers have requested that the Lenders waive the Hub Group's non-compliance with certain financial
covenants for the fiscal quarter ending June 30, 2002 and the Lenders are willing to do so under the terms and
conditions set forth in this amendment (herein, the "Amendment").
The Borrowers have informed the Lenders that the Hub Group was in default of their obligations under Section
7.8 of the Credit Agreement (Fixed Charge Coverage Ratio) for the fiscal quarter ending June 30, 2002,
Section 7.9 of the Credit Agreement (Minimum EBITDAM) for the fiscal quarter ending June 30, 2002 and
Section 7.10 of the Credit Agreement (Cash Flow Leverage Ratio) for the fiscal quarter ending June 30, 2002
(collectively, the "Existing Defaults"). In accordance with the request of the Borrowers and subject to the
satisfaction of the conditions precedent set forth in Section 3 below, the Lenders hereby waive the Existing
Defaults. The foregoing waiver is expressly limited to the matters stated herein.
Subject to the satisfaction of the conditions precedent set forth in Section 3 below, the Credit Agreement shall be
and hereby is amended as follows:
2.01. Section 1 of the Credit Agreement shall be and hereby is amended by adding the following new Sections
1.9 immediately at the end thereof:
"Section 1.9. Security. No later than October 15, 2002 (the "Collateral D