STON StoneMor Inc

On July 26, 2017, StoneMor Operating LLC (the “Operating Company”), a wholly-owned subsidiary of StoneMor Partners L.P. (the “Partnership”), the Subsidiaries (as defined in the Amended Credit Agreement) of the Operating Company (together with the Operating Company, “Borrowers”), the Lenders party thereto and Capital One, National Association (“Capital One”), as Administrative Agent (in such capacity, the “Administrative Agent”), entered into the Second Amendment and Limited Waiver to Credit Agreement (the “Limited Waiver”) which waives an existing event of default under, and further amends, the Credit Agreement (as previously amended by that certain First Amendment to Credit Agreement dated as of March 15, 2017, the “Original Credit Agreement” and, as further amended by the Second Amendment, the “Amended Credit Agreement”), dated as of August 4, 2016, among the Borrowers, the Lenders, Capital One, as Administrative Agent, Issuing Bank and Swingline Lender, Citizens Bank of Pennsylvania, as Syndication Agent, and TD Bank, N.A. and Raymond James Bank, N.A., as Co-Documentation Agents. Capitalized terms not otherwise defined herein have the same meanings as specified in the Amended Credit Agreement.

Pursuant to the Limited Waiver, the Administrative Agent and Lenders waived an event of default under the Original Credit Agreement resulting from the failure of the Operating Company to timely deliver the financial statements required under the Original Credit Agreement and the related Compliance Certificate, in each case, for the period ended December 31, 2016, conditioned upon the delivery of those financial statements and the related compliance certificate on or before August 15, 2017. In addition, the Limited Waiver amends certain terms of the Original Credit Agreement to extend the deadline by which the Operating Company is required to deliver to the Administrative Agent the Partnership’s unaudited financial statements for the quarter ended June 30, 2017 to no later than forty-five (45) days after the date on which the Operating Company delivers the Partnership’s unaudited financial statements for the quarter ended March 31, 2017 to the Administrative Agent, but in any event not later than November 15, 2017.

The foregoing description of the Limited Waiver is a summary and is qualified in its entirety by reference to the Limited Waiver, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference herein.