EXHIBIT 10.7
AMENDMENT NO. 2 AND WAIVER
     AMENDMENT NO. 2 AND WAIVER (this “Amendment”), dated as of June 22, 2007,
to that certain Credit Agreement, dated as of May 27, 2004, as amended by that
certain Amendment No. 1 and Acknowledgement dated as of September 23, 2005 (the
“Credit Agreement”), among LEINER HEALTH PRODUCTS INC., a Delaware corporation
(“Borrower”), the Guarantor, the Subsidiary Guarantors, the Lenders, UBS
SECURITIES LLC and MORGAN STANLEY SENIOR FUNDING, INC., as joint lead arrangers
and joint book-runners (in such capacity, each an “Arranger”), MORGAN STANLEY
SENIOR FUNDING, INC., as syndication agent (in such capacity, “Syndication
Agent”), CREDIT SUISSE FIRST BOSTON, as documentation agent (in such capacity,
“Documentation Agent”), UBS LOAN FINANCE LLC, as swingline lender (in such
capacity, “Swingline Lender”), and UBS AG, STAMFORD BRANCH, as issuing bank (in
such capacity, “Issuing Bank”), as administrative agent (in such capacity,
“Administrative Agent”) for the Lenders and as collateral agent (in such
capacity, “Collateral Agent”) for the Secured Parties and the Issuing Bank. All
capitalized terms used but not defined herein shall have the meaning set forth
in Article I of the Credit Agreement.
WITNESSETH:
     WHEREAS, Borrower has requested that the Lenders amend the Credit Agreement
to effect the changes described below;
     WHEREAS, Section 11.02 of the Credit Agreement permits the Credit Agreement
to be amended from time to time;
     NOW, THEREFORE, in consideration of the foregoing, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:
     SECTION ONE Amendments.

  (a)   Section 1.01 of the Credit Agreement is hereby amended as follows:

  (1)   the definition of “Applicable Margin” is hereby amended by deleting such
definition in its entirety and replacing it with the following:        
“Applicable Margin” shall mean, at any time after the Second Amendment Effective
Date, (A) until receipt by the Administrative Agent of the financial statements
and certificate required by Section 5.01(a) and Section 5.01(d) for the fiscal
year ending

--------------------------------------------------------------------------------

 

- 2 -

      March 29, 2008, 4.25 with respect to any Eurodollar Revolving Loan and
3.25 with respect to any ABR Revolving Loan, and 4.50 with respect to any
Eurodollar Term Loan and 3.50 with respect to any ABR Term Loan, and
(B) thereafter, with respect to any Revolving Loan, the applicable percentage
set forth below:

                  Eurodollar Total Leverage Ratio   ABR Loans   Loans
Level I
³ 5.0:1.0
  3.25   4.25
 
       
Level II
< 5.0:1.0 but ³ 4.5:1.0
  2.75   3.75
 
       
Level III
< 4.5:1.0 but ³ 4.0:1.0
  2.25   3.25
 
       
Level IV
< 4.0:1.0
  2.00   3.00

      and with respect to any Term Loan, the applicable percentage set forth
below:

                  Eurodollar Total Leverage Ratio   ABR Loans   Loans
Level I
³ 5.0:1.0
  3.50   4.50
 
       
Level II
< 5.0:1.0 but ³ 4.5:1.0
  3.00   4.00
 
       
Level III
< 4.5:1.0 but ³ 4.0:1.0
  2.50   3.50
 
       
Level IV
< 4.0:1.0
  2.25   3.25

      Each change in the Applicable Margin resulting from a change in the Total
Leverage Ratio shall be effective with respect to all Loans and Letters of
Credit outstanding on and after the date of delivery to the Administrative Agent
of the financial statements

--------------------------------------------------------------------------------

 

- 3 -

      and certificates required by Section 5.01(a) or (b) and Section 5.01(d),
respectively, indicating such change until the date immediately preceding the
next date of delivery of such financial statements and certificates indicating
another such change. Notwithstanding the foregoing, the Total Leverage Ratio
shall be deemed to be in Level I (i) at any time during which Borrower has
failed to deliver the financial statements and certificates required by
Section 5.01(a) or (b) and Section 5.01(d), respectively, it being understood
that the Applicable Margin shall revert to the level set forth on the table
above upon the delivery of such financial statements, and (ii) at any time
during the existence of an Event of Default.

  (2)   the definition of “Consolidated EBITDA” is hereby amended by deleting
such definition in its entirety and replacing it with the following:        
“Consolidated EBITDA” shall mean, in respect of any four fiscal quarter period
ending after March 31, 2007, Consolidated Net Income for any period, adjusted by
(x) adding thereto, without duplication and in each case (other than with
respect to clauses (g) and (m) below) only to the extent (and in the same
proportion) deducted in determining such Consolidated Net Income:

  (a)   Consolidated Interest Expense for such period,     (b)   Consolidated
Amortization Expense for such period,     (c)   Consolidated Depreciation
Expense for such period,     (d)   Consolidated Tax Expense for such period,    
(e)   [Reserved]     (f)   the aggregate amount of all other non-cash items
reducing Consolidated Net Income (including non-cash compensation charges
resulting from stock options, restricted stock grants or other equity incentive
programs, but excluding any non-cash charge that results in an accrual of a
reserve for cash charges in any future period) for such period,

--------------------------------------------------------------------------------

 

- 4 -

  (g)   proceeds from business interruption insurance,     (h)   (i) management
fees to Sponsors or any of their Affiliates in the amounts and at the times
specified in the Consulting Agreement, and (ii) consulting fees, advisory fees
or similar fees to Sponsors or any of their Affiliates permitted by the terms of
the Consulting Agreement and rendered in connection with any Permitted
Acquisition or permitted Investment, Equity Issuance, recapitalization, Asset
Sale or Indebtedness permitted under Article VI,     (i)   costs, fees, expenses
and charges made related to any Permitted Acquisition, any Investment permitted
under Sections 6.04(e) and (t), any Equity Issuance made to unrelated third
parties through the capital markets, any Asset Sale to an unrelated third party
or any Indebtedness issued to an unrelated third party, including, without
limitation, one-time compensation charges, stay bonuses paid to existing
management and severance costs; provided that all such costs, fees, expenses and
charges under this clause (i) shall not exceed $1.5 million per fiscal year of
Borrower,     (j)   [Reserved]     (k)   expenses incurred to the extent
reimbursed by third parties pursuant to indemnification provisions,     (l)  
any non-cash charges outside the ordinary course of business that result in an
accrual of a reserve for cash charges in any future period,     (m)   pro forma
adjustment for estimated lost contribution margin from the suspension of
“over-the counter” business (“OTC”) shipments (a portion of which adjustment
shall consist of an add-back for unallocated overhead expense) for the fiscal
quarters ending June 30, 2007 and September 29, 2007 and December 29, 2007 in
the amounts of $16.4 million, $18.8 million, $2.5 million, respectively, for
each such quarter,

--------------------------------------------------------------------------------

 

- 5 -

  (n)   fees, costs, expenses and charges in connection with Borrower’s 483
Response and Remediation Plan, including consulting, legal, product testing,
recruiting and relocation costs, to the extent incurred, accrued or recognized
during the fiscal quarters ending March 31, 2007, June 30, 2007, September 29,
2007 and December 29, 2007; provided that all such fees, costs, expenses and
charges added back under this clause shall not exceed $12.0 million in the
aggregate,     (o)   fees, costs, expenses and charges relating to the OTC
product recall initiated on April 26, 2007, to the extent incurred, accrued or
recognized during the fiscal quarters ending March 31, 2007 and June 30, 2007;
provided that all such fees, costs, expenses and charges added back under this
clause (o) shall not exceed $4.0 million in the aggregate,     (p)   legal fees,
costs and expenses incurred or accrued in connection with Borrower’s dispute
with Dr. Reddy Laboratories for any period, commencing with the fiscal quarter
ending June 30, 2007 and ending with the fiscal quarter ending March 29, 2008;
provided that all such fees, costs and expenses added back under this clause
(p) shall not exceed $2.0 million in the aggregate,     (q)   write-off or
write-down of, or reserve against, OTC inventory as a result of the suspension
of OTC shipments, to the extent such write-off, write-down or reserve is
recorded during any fiscal quarter ending on or after March 31, 2007; provided
that the amount of the write-offs, write-downs or reserves added back under this
clause (q) shall not exceed $35.0 million in the aggregate,     (r)   severance,
re-training, counseling and support, people and equipment relocation costs and
other related expenses arising from the Company’s cost reduction program,
including the consolidation of its Fort Mill manufacturing and packaging
operations (the “Fort Mill Consolidation”) to the extent incurred, accrued or
recognized during the fiscal quarters ending June 30, 2007,

--------------------------------------------------------------------------------

 

- 6 -

      September 29, 2007 and December 29, 2007; provided that all such costs and
expenses added back under this clause (r) shall not exceed $17.5 million in the
aggregate,

  (s)   non-cash charges relating to the write-down of tangible and intangible
assets as a result of the Fort Mill Consolidation to the extent incurred,
accrued or recognized during the fiscal quarters ending March 31, 2007, June 30,
2007 and September 29, 2007,     (t)   accruals for Fort Mill facility
lease-related costs and expenses, including rents, taxes, insurance, real estate
brokerage fees and/or other sublease or disposition costs, for any period,
commencing with the four fiscal quarter period ending June 30, 2007; provided
that all such costs and expenses added back under this clause (t) shall not
exceed $11.0 million in the aggregate,     (u)   fees, costs and expenses
relating to potential acquisitions, to the extent such fees, costs and expenses
were incurred, accrued or recognized during the fiscal quarter ending March 31,
2007 or June 30, 2007; provided that all such fees, costs and expenses added
back under this clause (u) shall not exceed $2.0 million in the aggregate,    
(v)   fees, costs and expenses in connection the Second Amendment, including
amendment fees and fees, costs and expenses of professionals, in each case to
the extent such fees, costs and expenses were incurred, accrued or recognized
during the fiscal quarters ending June 30, 2007, September 29, 2007 and
December 29, 2007; provided that all such fees, costs and expenses of
professionals retained by Borrower and added back under this clause (v) shall
not exceed $250,000 in the aggregate, and

      (y)subtracting therefrom (a) the aggregate amount of all non-cash items
increasing Consolidated Net Income (other than the accrual of revenue or
recording of receivables in the ordinary course of business) for such period and
(b) the reversal of any reserve or the payment of any amount that was reserved,
in each case, as described in clause (l) above.

--------------------------------------------------------------------------------

 

- 7 -

      Other than for purposes of calculating Excess Cash Flow, Consolidated
EBITDA shall be calculated on a Pro Forma Basis to give effect to any Permitted
Acquisition and Asset Sales (other than any dispositions in the ordinary course
of business) consummated at any time on or after the first day of the Test
Period thereof as if each such Permitted Acquisition had been effected on the
first day of such period and as if each such Asset Sale had been consummated on
the day prior to the first day of such period.     (3)   the definition of
“Excluded Issuance” is hereby amended by replacing “Holdings” with “LHP
Holdings”.

  (4)   the definition of “Excess Cash Flow” is hereby amended by deleting
clause (k) of such definition in its entirety and replacing it with the
following:         “(k) amounts added back to Consolidated EBITDA in clauses
(e), (g), (h), (i), (j) and (t) of the definitions thereof, to the extent paid
in cash during such Excess Cash Flow Period;”     (5)   the following
definitions shall be inserted in the appropriate alphabetical order:        
“OTC Events” shall have the meaning set forth in the definition of “483 Response
and Remediation Plan.         “Qualifying Liquidity Investment” shall mean an
investment in LHP Holdings in the form of (a) equity securities containing terms
no less favorable to the Lenders than the Preferred Stock constituting part of
the Equity Financing, except for such more favorable terms as are permitted by
Section 6.08(g), (b) unsecured Subordinated Indebtedness having a final maturity
date on or after the date that is 91 days after the Tranche B Maturity Date and
having a weighted average life to maturity no shorter than that of the Tranche B
Loans, or (c) any combination of the investments described in clauses (b) and
(c).         “Repricing Transaction” shall mean the refinancing or repricing by
Borrower of the Term Loans under this Agreement (x) with the proceeds of any
senior secured bank loan or other similar type of debt financing (including,
without limitation, any new or additional term loans under this Agreement) or
(y) in

--------------------------------------------------------------------------------

 

- 8 -

      connection with any amendment to this Agreement, in either case, resulting
in an interest rate margin or weighted average yield (to be determined by the
Administrative Agent consistent with generally accepted financial practice after
giving effect to, among other factors, margins, upfront or similar fees or
original issue discount shared with all lenders or holders thereof, but
excluding the effect of any arrangement, structuring, syndication or other fees
payable in connection therewith that are not shared with all lenders or holders
thereof) on such financing or the Term Loans as so repriced that is less than
the Applicable Margin for, or weighted average yield (to be determined by the
Administrative Agent on the same basis) of the Term Loans immediately prior to
such refinancing or repricing; provided that “Repricing Transaction” shall not
include (i) any refinancing or repricing of all (and not less than all) of the
Term Loans in connection with a transaction constituting a Change of Control or
(ii) any such refinancing or repricing occurring in connection with the
consummation of any acquisition of all or any portion of the assets of, or all
of the Equity Interests in, a Person or division or line of business of a Person
by Borrower or any Guarantor.

      “Second Amendment Effective Date” shall have the meaning assigned to such
term in the Amendment No. 2 and Waiver to this Agreement, dated as of June 22,
2007.         “483 Response and Remediation Plan” shall mean any actions
undertaken related to, in connection with, or resulting from, the observations
made by the Food and Drug Administration on form 483 received by Borrower on
March 16, 2007 (including the events described in Borrower’s filing on Form 8-K
filed with the Securities and Exchange Commission on March 22, 2007) and the
events disclosed in the Form 8-K filed with the Securities and Exchange
Commission on April 27, 2007 (including, without limitation, the dispute with
Dr. Reddy Laboratories) (such events, and events in connection with, or
resulting therefrom, collectively, the “OTC Events”).

     (b) Section 2.05 of the Credit Agreement is hereby amended by adding to the
end of such Section a new paragraph (e) as follows:

--------------------------------------------------------------------------------

 

- 9 -

“(e) If, prior to June 22, 2008, (x) Borrower makes any prepayment of Term Loans
with the proceeds of any debt financing referred to in clause (x) of the
definition of “Repricing Transaction,” or (y) effects any amendment of this
Agreement resulting in a Repricing Transaction, Borrower shall pay to the
Administrative Agent, for the ratable account of each Term Lender, (I) in the
case of clause (x), a prepayment premium of 1% of the amount of such Term Loans
being prepaid and (II) in the case of clause (y), a payment equal to 1% of the
aggregate amount of Term Loans outstanding immediately prior to such amendment.
In addition, any Term Lender that is replaced in connection with such Repricing
Transaction pursuant to Section 10.13, shall be paid, without duplication, a
premium of 1% of the amount of such Term Lender’s Term Loans that are assigned
to one or more Eligible Assignees.”
          (c) Section 2.10(g) of the Credit Agreement is hereby amended by
adding the following immediately after the phrase “with respect to such fiscal
year” in the second sentence thereof:
     “(other than in respect of fiscal year 2007 and fiscal year 2008)”.
          (d) Section 5.15 of the Credit Agreement is hereby amended by deleting
such provision in its entirety and replacing it with the following:
     “SECTION 5.15 Minimum Liquidity. In the event that the Liquidity Amount, as
of the last day of any fiscal month ending prior to the Liquidity Covenant End
Date (as defined below), is less than $10,000,000 (such date, the “Liquidity
Covenant Trigger Date”), LHP Holdings shall, within ten Business Days following
the date on which a Liquidity Certificate is required to be delivered pursuant
to Section 5.01(d)(iv), issue or sell equity securities or unsecured
Subordinated Indebtedness to Sponsors (or one or more investors reasonably
satisfactory to the Administrative Agent) in connection with a Qualifying
Liquidity Investment in an aggregate amount of $6,500,000, and LHP Holdings
shall immediately contribute an amount equal to such Qualifying Liquidity
Investment to Borrower. “Liquidity Covenant End Date” shall mean the earliest to
occur of the following after the Second Amendment Effective Date: (i) the first
date on which both (A) Borrower’s Total Leverage Ratio is equal to or less than
4.0 to 1.0 and (B) Borrower has no Revolving Loans outstanding, (ii) the first
date on which the Qualifying Liquidity Investment is made and the proceeds
thereof contributed to Borrower in accordance with the preceding sentence and
(iii) the Tranche B Maturity Date.”
          (e) Section 6.01 of the Credit Agreement is hereby amended by deleting
the word “and” at the end of clause (s), deleting “.” and adding “; and” at the
end of clause (t) and adding the following as new clause (u):

--------------------------------------------------------------------------------

 

- 10 -

     “(u) Indebtedness relating to any Qualifying Liquidity Investment.”
          (f) Section 6.08 of the Credit Agreement is hereby amended by deleting
the word “and” at the end of clause (f), adding the following new clause (g) and
relettering former clause (g) as new clause (h):
“(g) at any time after the Qualifying Liquidity Investment has been made to LHP
Holdings and the proceeds thereof contributed to Borrower in accordance with
Section 5.15, (A) Dividends by Borrower to LHP Holdings in an aggregate amount
not to exceed the amount required to repay or redeem any and all obligations
under any Qualifying Liquidity Investment so long as, both before and after
giving pro forma effect to the making of such Dividend and any related financing
or other transaction, Borrower’s Total Leverage Ratio as of the last day of the
then most recent Test Period would have been 4.00:1.0 or lower; and
(B) Dividends by LHP Holdings to the holders of its equity securities in an
aggregate amount not to exceed the amount required to repay or redeem any and
all obligations under the Qualifying Liquidity Investment that was made in the
form of equity securities; and”
          (g) Section 6.10(a) and (b) of the Credit Agreement are hereby amended
by deleting such provisions in their entirety and replacing them with the
following:
     “(a) Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of
the last day of any Test Period ending during any period set forth in the table
below, to exceed the ratio set forth opposite such period in the table below:

      Test Period   Total Leverage Ratio
June 30, 2007
  6.15 to 1.0
September 29, 2007
  6.15 to 1.0
December 29, 2007
  6.15 to 1.0
March 29, 2008
  6.15 to 1.0
June 28, 2008
  6.10 to 1.0
September 27, 2008
  6.10 to 1.0
December 27, 2008
  6.00 to 1.0
March 28, 2009
  5.75 to 1.0
June 28, 2009
  5.75 to 1.0
September 27, 2009
  5.50 to 1.0
December 27, 2009
  5.50 to 1.0
March 28, 2010
  5.25 to 1.0
June 28, 2010
  5.00 to 1.0
Any Test Period Thereafter
  4.75 to 1.0

--------------------------------------------------------------------------------

 

- 11 -

     (b) Minimum Consolidated Interest Coverage Ratio. Permit the Consolidated
Interest Coverage Ratio, as of the last day of any Test Period ending during any
period set forth in the table below, to be less than the ratio set forth
opposite such period in the table below:

          Minimum     Consolidated Interest Test Period   Coverage Ratio
June 30, 2007
  1.60 to 1.0
September 29, 2007
  1.60 to 1.0
December 29, 2007
  1.60 to 1.0
March 29, 2008
  1.60 to 1.0
June 28, 2008
  1.60 to 1.0
September 27, 2008
  1.60 to 1.0
December 27, 2008
  1.60 to 1.0
March 28, 2009
  1.65 to 1.0
June 28, 2009
  1.70 to 1.0
September 27, 2009
  1.75 to 1.0
December 27, 2009
  1.80 to 1.0
March 28, 2010
  1.90 to 1.0
June 28, 2010
  2.00 to 1.0
Any Test Period Thereafter
  2.15 to 1.0

          (h) Section 6.09 of the Credit Agreement is hereby amended by deleting
“and” at the end of clause (h), deleting “.” and adding “; and” at the end of
clause (i), and adding the following new clause (j):
“(j) any payment, redemption or other transaction permitted by the last
paragraph of Section 6.11.”
          (i) Section 6.11 of the Credit Agreement is hereby amended by adding
the following new sentence at the end of such section:
“Notwithstanding the foregoing provisions of this Section 6.11, at any time
after the Qualifying Liquidity Investment has been made to LHP Holdings and the
proceeds thereof contributed to Borrower in accordance with Section 5.15, LHP
Holdings shall be permitted to repay or redeem any Subordinated Indebtedness
constituting the Qualifying Liquidity Investment in an amount sufficient to
repay or redeem all obligations thereunder so long as, both before and after
giving pro forma effect to repayment or redemption and any related financing or
other transaction, Borrower’s Total Leverage

--------------------------------------------------------------------------------

 

- 12 -

Ratio as of the last day of the then most recent Test Period would have been
4.00:1.0 or lower.”
          SECTION TWO Waiver. Subject to the satisfaction of the conditions
precedent set forth in Section Three, the Required Lenders hereby waive any
Default or Event of Default that may arise solely as a result of any one or more
of the following: (i) Borrower’s failure to comply with its obligation to
deliver a budget relating to the 2008 fiscal year set forth in Section 5.01(h)
of the Credit Agreement; provided, however, that the waiver in this clause
(i) shall not be effective if such budget is not delivered on or prior to
June 30, 2007; (ii) the OTC Events, solely to the extent arising on or prior to
June 22, 2008; (iii) the Fort Mill Consolidation (which shall be deemed
permitted and authorized under each Loan Document, including pursuant to
Section 5.03 of the Credit Agreement), solely to the extent arising on or prior
to June 22, 2009; (iv) any failure to comply with Section 6.10(a) or (b) of the
Credit Agreement in respect of the Test Period ending March 31, 2007; and
(v) the breach or violation of any term or condition of any Loan Document
arising solely as a result of the foregoing events, including as a result of a
cross-default to Indebtedness pursuant to clause (ii) of Section 8.01(f);
provided, however, that this clause (v) shall not be effective to waive such
Default or Event of Default (A) if the obligations under such Indebtedness have
been declared due and payable by acceleration or otherwise and (B) unless
Borrower shall have furnished a copy of any notice of any default under such
Indebtedness from holders thereof received by Borrower or any Guarantor.
          SECTION THREE Conditions to Effectiveness. This Amendment shall become
effective as of the date (the “Second Amendment Effective Date”) when, and only
when (i) the Administrative Agent shall have received counterparts of this
Amendment executed by each of Borrower, the Administrative Agent and the
Required Lenders, (ii) Borrower shall have delivered to the Administrative
Agent, by wire transfer of immediately available funds, for the account of each
Lender signatory hereto a fee in dollars equal to 0.25% of the aggregate
principal amount of Loans and Revolving Commitments held by such Lender as of
the Second Amendment Effective Date, (iii) Borrower shall have delivered to the
Administrative Agent, by wire transfer of immediately available funds, payment
for all costs, expenses and taxes due pursuant to Section Six (including,
without limitation, the reasonable and invoiced fees and expenses of Cahill
Gordon & Reindel LLP, counsel to the Lenders), and (iv) the Administrative Agent
shall have received a commitment letter from the Sponsors and a legal opinion
relating thereto from each of Kirkland & Ellis LLP and Debevoise & Plimpton LLP,
in each case in form and substance reasonably satisfactory to the Administrative
Agent. The effectiveness of this Amendment (other than Sections Six, Seven and
Eight) is conditioned upon the accuracy of the representations and warranties
set forth in Section Four.
          SECTION FOUR Representations and Warranties. In order to induce the
Lenders and the Agents to enter into this Amendment, Borrower represents and
warrants to each of the Lenders and the Agents that after giving effect to this
Amendment and the transactions

--------------------------------------------------------------------------------

 

contemplated hereby, (a) no Default or Event of Default has occurred and is
continuing; and (b) all of the representations and warranties in the Credit
Agreement are true and complete in all material respects on and as of the date
hereof as if made on the date hereof (or, if any such representation or warranty
is expressly stated to have been made as of a specific date, as of such specific
date).
          SECTION FIVE Reference to and Effect on the Credit Agreement and the
Notes. On and after the Second Amendment Effective Date, each reference in the
Credit Agreement to “this Agreement,” “hereunder,” “hereof” or words of like
import referring to the Credit Agreement, and each reference in the Notes and
each of the Loan Documents to “the Credit Agreement,” “thereunder,” “thereof” or
words of like import referring to the Credit Agreement, shall mean and be a
reference to the Credit Agreement, as amended by Amendment No. 1 and this
Amendment. The Credit Agreement, the Notes and each of the other Loan Documents,
as specifically amended by this Amendment, are and shall continue to be in full
force and effect and are hereby in all respects ratified and confirmed. The
execution, delivery and effectiveness of this Amendment shall not, except as
expressly provided herein, operate as a waiver of any right, power or remedy of
any Lender or any Agent under any of the Loan Documents, nor constitute a waiver
of any provision of any of the Loan Documents.
          SECTION SIX Costs, Expenses and Taxes. Borrower agrees to pay all
reasonable and invoiced out-of-pocket costs and expenses incurred by the
Arranger, the Administrative Agent and the Collateral Agent in connection with
the preparation, execution and delivery of this Amendment and the other
instruments and documents to be delivered hereunder, if any (including, without
limitation, the reasonable and invoiced fees and expenses of Cahill Gordon &
Reindel LLP, counsel to the Lenders) in accordance with the terms of
Section 11.03(a)(i) of the Credit Agreement.
          SECTION SEVEN Execution in Counterparts. This Amendment may be
executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute but one and the same
agreement. Delivery of an executed counterpart of a signature page to this
Amendment by telecopier shall be effective as delivery of a manually executed
counterpart of this Amendment.
          SECTION EIGHT Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
[Signature Pages Follow]

- 14 -

--------------------------------------------------------------------------------

 

 S-1

            LEINER HEALTH PRODUCTS INC.
      By:   /s/ Robert K. Reynolds         Name:   Robert K. Reynolds       
Title:   President & COO     

            LHP HOLDING CORP.
      By:   /s/ Robert K. Reynolds         Name:   Robert K. Reynolds       
Title:   President & COO     

            LEINER HEALTH PRODUCTS, LLC
      By:   /s/ Robert K. Reynolds         Name:   Robert K. Reynolds       
Title:   President & COO     

            LEINER HEALTH SERVICES CORP.
      By:   /s/ Robert K. Reynolds         Name:   Robert K. Reynolds       
Title:   President & COO          [                        ]

                  By:   /s/ Robert K. Reynolds         Name:   Robert K.
Reynolds        Title:   President & COO   

 

--------------------------------------------------------------------------------

 

         

 S-2

            UBS AG, STAMFORD BRANCH, as
Administrative Agent
      By:   /s/ Richard L. Tavrow         Name:   Richard L. Tavrow       
Title:   Director   

            By:   /s/ Iria R. Otsa         Name:   Iria R. Otsa        Title:  
Associate Director   

 

--------------------------------------------------------------------------------

 

         

                      NAVIGATOR CDO 2003, LTD., as a Lender    
 
                    By:   Antares Asset Management Inc., as Collateral Manager  
 
 
               
 
      By:
Name:   /s/ Kathleen Brooks
 
Kathleen Brooks    
 
      Title:   Authorized Signatory    

                      NAVIGATOR CDO 2004, LTD., as a Lender    
 
                    By:   Antares Asset Management Inc., as Collateral Manager  
 
 
               
 
      By:
Name:   /s/ Kathleen Brooks
 
Kathleen Brooks    
 
      Title:   Authorized Signatory    

                      NAVIGATOR CDO 2005, LTD., as a Lender    
 
                    By:   Antares Asset Management Inc., as Collateral Manager  
 
 
               
 
      By:
Name:   /s/ Kathleen Brooks
 
Kathleen Brooks    
 
      Title:   Authorized Signatory    

                      ANTARES FUNDING, L.P., as a Lender    
 
                    By:   The Bank of New York Trust Company, N.A., as Trustee
of the Antares Funding Trust created under the Trust Agreement dated as of
November 30, 1999    
 
               
 
      By:
Name:   /s/ Leslie Hundley
 
Leslie Hundley    
 
      Title:   AVP    

 

--------------------------------------------------------------------------------

 

 S-3

                  Galaxy CLO 2003-1, Ltd.         By: AIG Global Investment
Corp.,         Its Collateral Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  Galaxy III CLO, Ltd.         By: AIG Global Investment Corp.,
        Its Collateral Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  Galaxy IV CLO, Ltd.         By: AIG Global Investment Corp.,  
      Its Collateral Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  Galaxy V CLO, Ltd.         By: AIG Global Investment Corp.,  
      Its Collateral Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  Galaxy VII CLO, Ltd.         By: AIG Global Investment Corp.,
        Its Collateral Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

 

--------------------------------------------------------------------------------

 

 S-4

                  SunAmerica Life Insurance Company         By: AIG Global
Investment Corp.,         Its Investment Adviser, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  SunAmerica Senior Floating Rate Fund         By: AIG Global
Investment Corp.,         Investment Sub-Adviser, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  AIG Bank Loan Fund         By: AIG Global Investment Corp.,  
      Its Investment Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

                  Saturn CLO, Ltd.         By: AIG Global Investment Corp.,    
    Its Collateral Manager, as Lender    
 
           
 
  By:   /s/ W. Jeffrey Baxter
 
Name: W. Jeffrey Baxter    
 
      Title: Managing Director    

 

--------------------------------------------------------------------------------

 

 S-3

                  Landmark IV CLO Limited    
 
                By Aladdin Capital Management, LLC, as Manager    
 
           
 
  By:   /s/ Thomas E. Bancroft
 
Name: Thomas E. Bancroft    
 
      Title: Designated Signatory    

 

--------------------------------------------------------------------------------

 

                      NORTHWOODS CAPITAL IV, LIMITED
        BY: ANGELO, GORDON & CO., L.P.,
        AS COLLATERAL MANAGER,
        as Lender    
 
                    By:   /s/ Bradley Pattelli                  
 
      Name:   BRADLEY PATTELLI    
 
      Title   MANAGING DIRECTOR    

 

--------------------------------------------------------------------------------

 

                      NORTHWOODS CAPITAL V, LIMITED
        BY: ANGELO, GORDON & CO., L.P.,
        AS COLLATERAL MANAGER,
        as Lender    
 
                    By:   /s/ Bradley Pattelli                  
 
      Name:   BRADLEY PATTELLI    
 
      Title   MANAGING DIRECTOR    

 

--------------------------------------------------------------------------------

 

                      NORTHWOODS CAPITAL VI, LIMITED
        BY: ANGELO, GORDON & CO., L.P.,
        AS COLLATERAL MANAGER,
        as Lender    
 
                    By:   /s/ Bradley Pattelli                  
 
      Name:   BRADLEY PATTELLI    
 
      Title   MANAGING DIRECTOR    

 

--------------------------------------------------------------------------------

 

                      NORTHWOODS CAPITAL VII, LIMITED
        BY: ANGELO, GORDON & CO., L.P.,
        AS COLLATERAL MANAGER,
        as Lender    
 
                    By:   /s/ Bradley Pattelli                  
 
      Name:   BRADLEY PATTELLI    
 
      Title   MANAGING DIRECTOR    

 

--------------------------------------------------------------------------------

 

                      NORTHWOODS CAPITAL VIII, LIMITED
        BY: ANGELO, GORDON & CO., L.P.,
        AS COLLATERAL MANAGER,
        as Lender    
 
                    By:   /s/ Bradley Pattelli                  
 
      Name:   BRADLEY PATTELLI    
 
      Title   MANAGING DIRECTOR    

 

--------------------------------------------------------------------------------

 

                  Silver Oak Capital, L.L.C.,     as Lender
 
                By:   /s/ Thomas M. Fuller          
 
      Name:   Thomas M. Fuller
 
      Title   Authorized Signatory

 

--------------------------------------------------------------------------------

 

                  Antares Capital Corporation, as Lender
 
                By:   /s/ Mork E. Blankstein          
 
      Name:   Mork E. Blankstein
 
      Title   Duly Authorized Signatory

 

--------------------------------------------------------------------------------

 

S-3

                      Atlas Loan Funding 1, LLC         By: Atlas Capital
Funding, Ltd.         By: Structured Asset Investors, LLC
Its Investment Manager    
 
                    By:   /s/ Diana M. Himes                  
 
      Name:   Diana M. Himes    
 
      Title   Vice President    
 
                    BILL & MELINDA GATES FOUNDATION
TRUST, as Lender         By: Babson Capital Management LLC as
Investment Adviser    
 
               
 
  By:                          
 
      Name:        
 
      Title        
 
                    MAPLEWOOD (CAYMAN) LIMITED, as
Lender         By: Babson Capital Management LLC as
Investment Manager    
 
               
 
  By:                          
 
      Name:        
 
      Title        

 

--------------------------------------------------------------------------------

 

S-3

                      BABSON CLO LTD. 2003-I         BABSON CLO LTD. 2004-I    
    BABSON CLO LTD. 2005-I         BABSON CLO LTD. 2005-II         BABSON CLO
LTD. 2005-III         BABSON CLO LTD. 2007-I         BABSON CREDIT STRATEGIES
CLO, LTD.,         as Lenders         By: Babson Capital Management LLC as      
  Collateral Manager    
 
                    By:   /s/ Geoffrey Takacs                  
 
      Name:   GEOFFREY TAKACS    
 
      Title   Director    
 
                    BILL & MELINDA GATES FOUNDATION
TRUST, as Lender         By: Babson Capital Management LLC as
Investment Adviser    
 
                    By:   /s/ Geoffrey Takacs                  
 
      Name:   GEOFFREY TAKACS    
 
      Title   Director    
 
                    MAPLEWOOD (CAYMAN) LIMITED, as         Lender         By:
Babson Capital Management LLC as         Investment Manager    
 
                    By:   /s/ Geoffrey Takacs                  
 
      Name:   GEOFFREY TAKACS    
 
      Title   Director    

 

--------------------------------------------------------------------------------

 

S-3

                      Trimaran CLO IV Ltd
By Trimaran Advisors, L.L.C., as Lender    
 
                    By:   /s/ David M. Millison                  
 
      Name:   David M. Millison    
 
      Title:   Managing Director    

 

--------------------------------------------------------------------------------

 

                      By: Callidus Debt Partners CLO Fund I, Ltd.
        By: Its Collateral Manager,
        Callidus Capital Management, LLC,
        as Lender    
 
                    By:   /s/ Peter Bennitt                  
 
      Name:   Peter Bennitt    
 
      Title   Principal    

 

--------------------------------------------------------------------------------

 

                      By: Callidus Debt Partners CLO Fund II, Ltd.
        By: Its Collateral Manager,
        Callidus Capital Management, LLC,
        as Lender    
 
                    By:   /s/ Peter Bennitt                  
 
      Name:   Peter Bennitt    
 
      Title   Principal    

 

--------------------------------------------------------------------------------

 

                      By: Callidus Debt Partners CLO Fund III, Ltd.
        By: Its Collateral Manager,
        Callidus Capital Management, LLC,
        as Lender    
 
                    By:   /s/ Peter Bennitt                  
 
      Name:   Peter Bennitt    
 
      Title   Principal    

 

--------------------------------------------------------------------------------

 

                      By: Callidus Debt Partners CLO Fund IV, Ltd.
        By: Its Collateral Manager,
        Callidus Capital Management, LLC,
        as Lender    
 
                    By:   /s/ Peter Bennitt                  
 
      Name:   Peter Bennitt    
 
      Title   Principal    

 

--------------------------------------------------------------------------------

 

                      By: Callidus Debt Partners CLO Fund V, Ltd.
        By: Its Collateral Manager,
        Callidus Capital Management, LLC,
        as Lender    
 
                    By:   /s/ Peter Bennitt                  
 
      Name:   Peter Bennitt    
 
      Title   Principal    

 

--------------------------------------------------------------------------------

 

                      ECL Funding LLC,         as Lender    
 
                    By:   /s/ Richard Newcomb                  
 
      Name:   Richard Newcomb    
 
      Title:   Attorney-in-fact    

--------------------------------------------------------------------------------

 

S-3

                      The Bank of New York (successor to J.P. Morgan Trust
Company (Cayman) Limited, as Trustee for TORAJI TRUST, By: Its Investment
Manager, Citigroup Alternative Investments LLC, as Lender    
 
                    By:   /s/ Roger Yee                  
 
      Name:   Roger Yee    
 
      Title:   VP    

--------------------------------------------------------------------------------

 

S-3

                      LMP Corporate Loan Fund, Inc.,         By: Citigroup
Alternative Investments LLC,         as Lender    
 
                    By:   /s/ Roger Yee                  
 
      Name:   Roger Yee    
 
      Title:   VP    

--------------------------------------------------------------------------------

 

                      CF Special Situation Fund I LP,                   as
Lender    
 
                    By:   /s/ [ILLEGIBLE]                  
 
      Name:   [ELLIGIBLE]    
 
      Title:   Partner    

 

--------------------------------------------------------------------------------

 

                      Credit Suisse, Cayman Islands Branch         as Lender    
 
                    By:   /s/ Karl Studer                  
 
      Name:   Karl Studer    
 
      Title:   Director    
 
                    By:   /s/ Alain Schmid                  
 
      Name:   Alain Schmid    
 
      Title:   Assistant Vice President    

 

--------------------------------------------------------------------------------

 

                  Flagship CLO III     By: Deutsche Investment Management
Americas, Inc.
    (as successor in interest to Deutsche Asset Management, Inc.),
    As Collateral Manager
 
           
 
  By:   /s/ Eric S. Meyer    
 
           
 
      Eric S. Meyer, Director    
 
           
 
  By:   /s/ Shameem R. Kathiwalla    
 
           
 
      Name: Shameem R. Kathiwalla    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

                  Flagship CLO IV     By: Deutsche Investment Management
Americas, Inc.
    (as successor in interest to Deutsche Asset Management, Inc.),
    As Collateral Manager
 
           
 
  By:   /s/ Eric S. Meyer    
 
           
 
      Eric S. Meyer, Director    
 
           
 
  By:   /s/ Shameem R. Kathiwalla    
 
           
 
      Name: Shameem R. Kathiwalla    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

                  Flagship CLO V     By: Deutsche Investment Management
Americas, Inc.
    (as successor in interest to Deutsche Asset Management, Inc.),
    As Collateral Manager
 
           
 
  By:   /s/ Eric S. Meyer    
 
           
 
      Eric S. Meyer, Director    
 
           
 
  By:   /s/ Shameem R. Kathiwalla    
 
           
 
      Name: Shameem R. Kathiwalla    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

                  Flagship CLO VI     By: Deutsche Investment Management
Americas, Inc.            As Collateral Manager
 
           
 
  By:   /s/ Eric S. Meyer    
 
           
 
      Eric S. Meyer, Director    
 
           
 
  By:   /s/ Shameem R. Kathiwalla    
 
           
 
      Name: Shameem R. Kathiwalla    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

                  Aurum CLO 2002-1 Ltd.     By: Deutsche Investment Management
Americas, Inc.     (as successor in interest to Deutsche Asset Management,
Inc.),     As Collateral Manager
 
           
 
  By:   /s/ Eric S. Meyer    
 
           
 
      Eric S. Meyer, Director    
 
           
 
  By:   /s/ Shameem R. Kathiwalla    
 
           
 
      Name: Shameem R. Kathiwalla    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

S-3

                          SENIOR DEBT PORTFOLIO         By:   Boston Management
and Research         as Investment Advisor
as Lender
 
               
 
      By:   /s/ Michael B. Botthof    
 
               
 
          Name: Michael B. Botthof    
 
          Title: Vice President    

 

--------------------------------------------------------------------------------

 

S-3

                  EATON VANCE SENIOR INCOME TRUST
 
  BY:   EATON VANCE MANAGEMENT    
 
      AS INVESTMENT ADVISOR
as Lender    
 
           
 
  By:   /s/ Michael B. Botthof    
 
           
 
      Name: Michael B. Botthof    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

S-3

                  EATON VANCE INSTITUTIONAL SENIOR LOAN FUND
 
  BY:   EATON VANCE MANAGEMENT    
 
      AS INVESTMENT ADVISOR
as Lender    
 
           
 
  By:   /s/ Michael B. Botthof    
 
           
 
      Name: Michael B. Botthof    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

S-3

                  Eaton Vance CDO VIII, Ltd.
 
  By:   Eaton Vance Management    
 
      As Investment Advisor
as Lender    
 
           
 
  By:   /s/ Michael B. Botthof    
 
           
 
      Name: Michael B. Botthof    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

S-3

                  Eaton Vance CDO IX Ltd.
 
  By:   Eaton Vance Management    
 
      as Investment Advisor
as Lender    
 
           
 
  By:   /s/ Michael B. Botthof    
 
           
 
      Name: Michael B. Botthof    
 
      Title: Vice President    

 

--------------------------------------------------------------------------------

 

S-3

            GRAYSON & CO
BY: BOSTON MANAGEMENT AND RESEARCH
AS INVESTMENT ADVISOR
as Lender
      By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof       
Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

S-3

            THE NORINCHUKIN BANK, NEW YORK BRANCH
as Lender
through State Street Bank and Trust Company N.A. as
Fiduciary Custodian
By: Eston Vance Management, Attorney-in-fact
      By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof       
Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

S-3

            BIG SKY III SENIOR LOAN TRUST
BY: EATON VANCE MANAGEMENT
AS INVESTMENT ADVISOR
as Lender
      By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof       
Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

S-3

            EATON VANCE
VT FLOATING-RATE INCOME FUND
BY: EATON VANCE MANAGEMENT
AS INVESTMENT ADVISOR
as Lender        By:   /s/ Michael B. Botthof         Name:   Michael B.
Botthof        Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

S-3

            EATON VANCE
LIMITED DURATION INCOME FUND
BY: EATON VANCE MANAGEMENT
AS INVESTMENT ADVISOR
as Lender
      By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof       
Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

S-3

            EATON VANCE SENIOR
FLOATING-RATE TRUST
BY: EATON VANCE MANAGEMENT
AS INVESTMENT ADVISOR
as Lender
      By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof       
Title:   Vice President   

 

--------------------------------------------------------------------------------

 

S-3

         

            EATON VANCE FLOATING-RATE
INCOME TRUST
BY: EATON VANCE MANAGEMENT
AS INVESTMENT ADVISOR
as Lender
      By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof       
Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

S-3

            Eaton Vance Variable
Leverage Fund Ltd.       By:   Eaton Vance Management       As Investment
Advisor      as Lender            By:   /s/ Michael B. Botthof         Name:  
Michael B. Botthof        Title:   Vice President   

 

--------------------------------------------------------------------------------

 

         

            General Electric Capital Corporation, as Lender
      By:   /s/ Mark E. Blankstein         Name:   Mark E. Blankstein       
Title:   Duly Authorized Signatory   

 

--------------------------------------------------------------------------------

 

         

            General Electric Capital Corporation,
as Administrator for, Merritt CLO Holding LLC
      By:   /s/ Dwayne L. Colner         Name:   Dwayne L. Colner        Title:
Duly Authorized Signer   

 

--------------------------------------------------------------------------------

 

         

            General Electric Capital Corporation,
as Administrator for, GE Commercial Loan Holding LLC
      By:   /s/ Dwayne L. Colner         Name:   Dwayne L. Colner        Title:
Duly Authorized Signer  

 

--------------------------------------------------------------------------------

 

         

            GSCP (NJ), L.P., on behalf of each of the following
funds, in its capacity as Collateral Manager:

GSC PARTNERS CDO FUND V, LIMITED
GSC PARTNERS CDO FUND VI, LIMITED
GSC PARTNERS CDO FUND VII, LIMITED
GSC GROUP CDO FUND VIII, LIMITED
GSC GROUP CDO FUND IX, LIMITED
GSC CAPITAL CORP. LOAN FUNDING 2005-1
      By:   /s/ Seth Katzenstein       Name:   Seth Katzenstein     Title:  
Authorized Signatory GSC Group     

            GSC PARTNERS GEMINI FUND LIMITED
By: GSCP (NJ), L.P., as Collateral Monitor
By: GSCP (NJ), INC., its General Partners
      By:   /s/ Seth Katzenstein       Name:   Seth Katzenstein      Title: 
Authorized Signatory GSC Group     

[Amendment]

 

--------------------------------------------------------------------------------

 

            Sands Point Funding Ltd.,
as Lender
      By:   /s/ Michael Damaso         Name: Michael Damaso        Title:  
Managing Director   

 

--------------------------------------------------------------------------------

 

         

            1888 Fund, Ltd.,
as Lender
      By:   /s/ Michael Damaso         Name: Michael Damaso        Title:  
Managing Director   

 

--------------------------------------------------------------------------------

 

         

            Copper River CLO Ltd.,
as Lender
      By:   /s/ Michael Damaso         Name: Michael Damaso        Title:  
Managing Director   

 

--------------------------------------------------------------------------------

 

         

            Green Lane CLO Ltd.,
as Lender
      By:   /s/ Michael Damaso         Name: Michael Damaso        Title:  
Managing Director   

 

--------------------------------------------------------------------------------

 

         

            LFC2 Loan Funding LLC, for itself or as
agent for Loan Funding Corp. THC, Ltd.,
as Lender
      By:   /s/ Richard Newcomb         Name:   Richard Newcomb        Title:  
Attorney-in-face   

 

--------------------------------------------------------------------------------

 

         

            Loan Funding IV LLC
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner,
as Lender
      By:   /s/ Brian Lohnding         Name:   Brian Lohnding, Treasurer       
Title: Strand Advisors, Inc.,
General Partner of Highland Capital Management, L.P.   

 

--------------------------------------------------------------------------------

 

         

            Loan Funding VII LLC
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner,
as Lender
      By:   /s/ Brian Lohnding         Name:   Brian Lohnding, Treasurer       
Title:  Strand Advisors, Inc.,
General Partner of Highland Capital Management, L.P.   

 

--------------------------------------------------------------------------------

 

         

            Morgan Stanley Senior Funding, Inc.,
as Lender
      By:   /s/ [ILLEGIBLE]         Name:   [ILLEGIBLE]        Title:   VP   

REF # 3520761A001

PAGE 2 OF 2

--------------------------------------------------------------------------------

 

         

            Post Leveraged Loan Master Fund, LP
By: Post Leveraged Loan Group, LLC
Its General Partner
By: Post Advisory Group, LLC
Its Sole Member
      /s/ Lawrence A. Post       Lawrence A. Post      President, Chief
Executive Officer and
Chief Investment Officer     

[Amendment]

 

--------------------------------------------------------------------------------

 

S-3

            UBS AG, Stamford Branch,
as Lender
      By:   /s/ Douglas Garvolino         Name:   Douglas Garvolino       
Title:   Director Banking Products Services, US   

            By:   /s/ Toba Lumbantobing         Name:   Toba Lumbantobing       
Title:   Associate Director Banking Products Services, US   

 

--------------------------------------------------------------------------------

 

         

            Riviera Funding LLC,
as Lender
      By:   /s/ Tara E. Kenny         Name:   Tara E. Kenny        Title:  
Assistant Vice President   

 

--------------------------------------------------------------------------------

 

         

            Western Asset Floating Rate High Income Fund, LLC,
as Lender
      By:   /s/ Kelly Olsen         Name:   Kelly Olsen        Title:  
Authorized Signatory   

 

--------------------------------------------------------------------------------

 

         

            ENDURANCE CLO I, LTD.
BY: West Gate Horizons Advisors, LLC
        As Portfolio Manager
      By:   /s/ Helen Y. Rhee         Name:   Helen Y. Rhee        Title:  
Senior Credit Analyst        ARCHIMEDES FUNDING III, LTD
BY: West Gate Horizons Advisors, LLC
        As Collateral Manager
      By:   /s/ Helen Y. Rhee         Name:   Helen Y. Rhee        Title:  
Senior Credit Analyst        ARCHIMEDES FUNDING IV (CAYMAN), LTD.
BY: West Gate Horizons Advisors, LLC
        As Collateral Manager
      By:   /s/ Helen Y. Rhee         Name:   Helen Y. Rhee        Title:  
Senior Credit Analyst   

 

--------------------------------------------------------------------------------

 

         

            WhiteHorse I, Ltd.
By: WhiteHorse Capital Partners, L.P.
        As Collateral Manager,
        as Lender
      By:   /s/ Jarred Worley         Name:   Jarred Worley        Title:  
Partner   

 

--------------------------------------------------------------------------------

 

         

            WhiteHorse II, Ltd.
By: WhiteHorse Capital Partners, L.P.
        As Collateral Manager,
        as Lender
      By:   /s/ Jarred Worley         Name:   Jarred Worley        Title:  
Partner