EXHIBIT 10.40
 
 
Allied Capital Corporation
First Omnibus Waiver and Amendment to the Note Agreements
Dated as of July 25, 2008
Re:
Note Agreement dated as of May 14, 2003
$147,000,000 6.05% Senior Notes, Series B, due May 14, 2010
and
Note Agreement dated as of November 15, 2004
$252,500,000 5.53% Senior Notes, Series A, due November 15, 2009
$72,500,000 5.99% Senior Notes, Series B, due November 15, 2011
and
Note Agreement dated as of October 13, 2005
$261,000,000 6.15% Senior Notes, Series A, due October 13, 2010
$89,000,000 6.34% Senior Notes, Series B, due October 13, 2012
and
Note Agreement dated as of May 1, 2006
$50,000,000 6.75% Senior Notes due May 1, 2013
and
Note Agreement dated as of June 20, 2008
$140,500,000 7.82% Senior Notes, Series 2008-A, due June 20, 2013
$52,500,000 8.14% Senior Notes, Series 2008-B, due June 20, 2015
 
 

 

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Allied Capital Corporation
1919 Pennsylvania Avenue, N.W.
Washington, DC 20006
First Omnibus Waiver and Amendment to the Note Agreements
Dated as of July 25, 2008
Re: Note Agreement dated as of May 14, 2003
$147,000,000 6.05% Senior Notes, Series B, due May 14, 2010
and
Note Agreement dated as of November 15, 2004
$252,500,000 5.53% Senior Notes, Series A, due November 15, 2009
$72,500,000 5.99% Senior Notes, Series B, due November 15, 2011
and
Note Agreement dated as of October 13, 2005
$261,000,000 6.15% Senior Notes, Series A, due October 13, 2010
$89,000,000 6.34% Senior Notes, Series B, due October 13, 2012
and
Note Agreement dated as of May 1, 2006
$50,000,000 6.75% Senior Notes due May 1, 2013
and
Note Agreement dated as of June 20, 2008
$140,500,000 7.82% Senior Notes, Series 2008-A, due June 20, 2013
$52,500,000 8.14% Senior Notes, Series 2008-B, due June 20, 2015
To each of the Noteholders
named in Schedule A attached hereto which are also
signatories to this First Omnibus Waiver and Amendment
to the Note Agreements (this “First Waiver and Amendment”).
Ladies and Gentlemen:
     Reference is made to (i) the Note Agreement dated as of May 14, 2003 (the
“2003 Note Agreement”) under and pursuant to which the $147,000,000 6.05% Senior
Notes, Series B, due May 14, 2010 (the “2003 Notes”) were originally issued and
sold, (ii) the Note Agreement dated as of November 15, 2004 (the “2004 Note
Agreement”) under and pursuant to which (a) the $252,500,000 5.53% Senior Notes,
Series A, due November 15, 2009 (the “2004 Series A Notes”) and (b) the
$72,500,000 5.99% Senior Notes, Series B, due November 15, 2011 (the “2004
Series B Notes”, and together with the 2004 Series A Notes, the “2004 Notes”)
were originally issued and sold, (iii) the Note Agreement dated as of
October 13, 2005 (the “2005 Note Agreement”) under and pursuant to which (a) the
$261,000,000 6.15% Senior Notes, Series A, due October 13, 2010 (the “2005
Series A Notes”) and (b) the $89,000,000 6.34% Senior Notes, Series B, due
October 13, 2012 (the “2005 Series B Notes”, and together with the 2005 Series A
Notes, the “2005 Notes”) were originally issued and sold, (iv) the Note

 

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Agreement dated as of May 1, 2006 (the “2006 Note Agreement”) under and pursuant
to which the $50,000,000 6.75% Senior Notes due May 1, 2013 (the “2006 Notes”)
were originally issued and sold, and (v) the Note Agreement dated as of June 20,
2008 (the “2008 Note Agreement”) under and pursuant to which (a) the
$140,500,000 7.82% Senior Notes, Series 2008-A, due June 20, 2013 (the “2008
Series A Notes”) and (b) the $52,500,000 8.14% Senior Notes, Series 2008-B, due
June 20, 2015 (the “2008 Series B Notes”, and together with the 2008 Series A
Notes, the “2008 Notes”, and together with the 2003 Notes, the 2004 Notes, the
2005 Notes, and the 2006 Notes, the “Notes”) were originally issued and sold,
each of which are by and among Allied Capital Corporation, a Maryland
corporation (the “Company”), and the institutional investors named therein. The
current holders of the Notes are named in Schedule A hereto and are collectively
referred to as the “Noteholders” and individually as a “Noteholder”. The 2003
Note Agreement, the 2004 Note Agreement, the 2005 Note Agreement, the 2006 Note
Agreement and the 2008 Note Agreement are collectively referred to as the “Note
Agreements” and individually as a “Note Agreement”. Terms used but not otherwise
defined herein shall have the meanings set forth in the Note Agreements.
     The Company has requested certain waivers and amendments to the Note
Agreements and hereby agrees with you as follows:
Article 1.
Waiver of Defaults.
     Section 1.1. Waiver of Defaults. The Company has notified the Noteholders
that it has declared certain dividends on its capital stock payable on dates
that are more than the 60 days or 80 days, as the case may be, permitted by
Section 5.10 of the Note Agreements. The Noteholders hereby waive any Event of
Default arising under the Note Agreements solely on account of such declaration
and payment (including any Event of Default arising under Section 6.1(d) or (g))
and the failure to give the notice required by Section 6.2 of the Note
Agreements.
     Section 1.2. Limited Waivers; Reservation of Rights. The Company
acknowledges and agrees that the waivers granted in this Section 1 are specific
in intent and are valid only for the specific purposes for which they are being
given, are waivers of known Events of Default only, shall not in any way
obligate the Noteholders to agree to any additional waivers of the provisions of
the Note Agreements, and shall not in any way be deemed to constitute or operate
as a waiver of any Noteholder’s right under the Note Agreements to exercise
remedies resulting from (i) existing and/or continuing Defaults or Events of
Default of which such Noteholder is not actually aware or (ii) other future
Defaults or Events of Default, whether or not of a similar nature and whether or
not known to any Noteholder.

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Article 2.
Amendment of the Note Agreements.
     Amendment of Section 5.10 (Restricted Payments). The second to last
paragraph of Section 5.10 of each Note Agreement shall be and is hereby amended
and restated in its entirety as follows:
The Company will not declare any dividend which constitutes a Restricted Payment
payable more than 80 days after the date of declaration thereof; provided that
dividends payable in the fourth quarter and any year-end extra dividend which
constitute a Restricted Payment may be payable up to 120 days after the date of
declaration thereof.
Article 3.
Representations and Warranties.
     The Company represents and warrants that as of the date hereof and after
giving effect hereto:
     (a) The execution and delivery of this First Waiver and Amendment by the
Company and compliance by the Company with all of the provisions of the Note
Agreements, as amended by this First Waiver and Amendment—
     (i) are within the corporate power and authority of the Company; and
     (ii) will not violate any provisions of any law or any order of any court
or governmental authority or agency, and will not conflict with or result in any
breach of any of the terms, conditions or provisions of, or constitute a default
under the articles of incorporation or bylaws of the Company or any indenture or
other agreement or instrument to which the Company is a party or by which the
Company may be bound, or result in the imposition of any Liens or encumbrances
on any property of the Company.
     (b) The execution and delivery of this First Waiver and Amendment has been
duly authorized by all necessary corporate action on the part of the Company (no
action by the stockholders of the Company being required by law, by the articles
of incorporation or bylaws of the Company or otherwise, other than those actions
which have been obtained or effected); and this First Waiver and Amendment has
been duly executed and delivered by the Company, and each Note Agreement, as
amended by this First Waiver and Amendment, constitutes the legal, valid and
binding obligation, contract and agreement of the Company, enforceable in
accordance with its terms, subject to bankruptcy, insolvency, fraudulent
conveyance and similar laws affecting creditors’ rights generally, and general
principles of equity (regardless of whether the application of such principles
is considered in a proceeding in equity or at law).

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     (c) Upon the effectiveness of this First Waiver and Amendment no Default or
Event of Default shall exist or be continuing.
Article 4.
Miscellaneous.
     Section 4.1. Ratification of the Note Agreements. Except as herein
expressly amended, the Note Agreements are in all respects ratified and
confirmed. If and to the extent that any of the terms or provisions of the Note
Agreements are in conflict or inconsistent with any of the terms or provisions
of this First Waiver and Amendment, this First Waiver and Amendment shall
govern.
     Section 4.2. References to the Agreement. References in any Note Agreement
or in any Note, certificate, instrument or other document related to or
delivered in connection with the transactions contemplated by any Note Agreement
shall be deemed to be references to such Note Agreement as amended hereby and as
further amended from time to time.
     Section 4.3. Successors and Assigns. This First Waiver and Amendment shall
be binding upon the Company and its successors and assigns and shall inure to
the benefit of each Noteholder and such Noteholder’s successors and assigns,
including each successive holder or holders of any Notes.
     Section 4.4. Requisite Approval; Expenses. This First Waiver and Amendment
shall be effective as of the date first written above upon the satisfaction of
the following conditions precedent: (a) the Company and the holders of at least
51% in aggregate principal amount of each of the 2003 Notes, the 2004 Notes, the
2005 Notes, the 2006 Notes and the 2008 Notes shall have executed this First
Waiver and Amendment; (b) copies of the waiver to the Bank Credit Agreement
shall have been delivered to the Noteholders, and shall be substantively similar
to the waiver portion of this First Waiver and Amendment and in form reasonably
satisfactory to the Noteholders; (c) the Company shall have paid a fee to each
Noteholder in an amount equal to 10.0 basis points of the principal amount of
Notes held by such Noteholder; and (d) the Company shall have paid the
reasonable fees, expenses and disbursements of Chapman and Cutler LLP which are
reflected in statements of such counsel rendered on or prior to the date of this
First Waiver and Amendment.
     Section 4.5. Counterparts. This First Waiver and Amendment may be executed
in any number of counterparts, each executed counterpart constituting an
original but all together only one agreement.
     Section 4.6. Governing Law. This First Waiver and Amendment shall be
construed and enforced in accordance with, and the rights of the parties shall
be governed by, the law of the State of New York excluding choice-of-law
principles of the law of such State that would require the application of the
laws of a jurisdiction other than such State.
[Signature Pages Follow]

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     IN WITNESS WHEREOF, the Company has executed this First Omnibus Waiver and
Amendment to the Note Agreements as of the day and year first above written.

            Allied Capital Corporation
      By   /s/ Penni Roll         Name:   Penni Roll        Title:   Chief
Financial Officer   

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     In Witness Whereof, the Noteholders under the Note Agreements have executed
this First Omnibus Waiver and Amendment to the Note Agreements as of the day and
year first above written.

           
American Fidelity Assurance Company (as
Noteholder under the 2005 Note Agreement)
American Republic Insurance Company (as
Noteholder under the 2008 Note Agreement)
Blue Cross and Blue Shield of Florida, Inc.
(as Noteholder under the 2005 Note Agreement)
The Catholic Aid Association (as Noteholder
under the 2008 Note Agreement)
Catholic Knights (as Noteholder under the
2008 Note Agreement)
Cincinnati Insurance Company (as
Noteholder under the 2008 Note Agreement)
Colorado Bankers Life Insurance Company
(as Noteholder under the 2005 Note Agreement)
Farm Bureau Life Insurance Company of
Michigan (as Noteholder under the 2005
Note Agreement)
Fidelity Life Association (as Noteholder
under the 2008 Note Agreement)
Fort Dearborn Life Insurance Company
(as Noteholder under the 2004 Note Agreement
and the 2005 Note Agreement)
Great Western Insurance Company (as
Noteholder under the 2008 Note Agreement)
GuideOne Mutual Insurance Company (as
Noteholder under the 2008 Note Agreement)
The Lafayette Life Insurance Company (as
Noteholder under the 2008 Note Agreement)
Minnesota Life Insurance Company (as
Noteholder under the 2005 Note Agreement and
the 2008 Note Agreement)
Security National Life Insurance Company (as
Noteholder under the 2008 Note Agreement)
      By:   Advantus Capital Management, Inc.             By   /s/ Robert W.
Thompson         Name:   Robert W. Thompson        Title:   Vice President   

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AIG Annuity Insurance Company (as
Noteholder under the 2003 Note Agreement)
The Variable Annuity Life Insurance Company
(as Noteholder under the 2003 Note Agreement)
      By:  AIG Global Investment Corp., investment
        adviser
      By   /s/ Gerald F. Herman         Name:   Gerald F. Herman        Title:  
Vice President       
Allianz Life Insurance Company of North
America (as Noteholder under the 2005
Note Agreement)

By:   Allianz of America, Inc., as the authorized
        signatory, investment manager, of which,
        the security should be registered under the
        Nominee Name (MAC & CO)
      By   /s/ Brian F. Landry         Name:   Brian F. Landry        Title:  
Vice President   

-7-

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Allstate Life Insurance Company
(as Noteholder under the 2003 Note Agreement
and the 2005 Note Agreement)
      By   /s/ Robert B. Bodett         Name:   Robert B. Bodett            By  
/s/ Allen Dick         Name:   Allen Dick        Authorized Signatories       
Allstate Life Insurance Company of
New York (as Noteholder under the
2003 Note Agreement and the 2005 Note
Agreement)
      By   /s/ Robert B. Bodett         Name:   Robert B. Bodett        By   /s/
Allen Dick         Name:   Allen Dick        Authorized Signatories       
American Equity Investment Life Insurance
Company (as Noteholder under the 2004
Note Agreement and the 2005 Note Agreement)
      By   /s/ Rachel Stauffer         Name:   Rachel Stauffer        Title:  
Vice President Investments       
American Equity Investment Life Insurance
Company of New York (as Noteholder
under the 2004 Note Agreement)
      By   /s/ Rachel Stauffer         Name:   Rachel Stauffer        Title:  
Vice President Investments   

-8-

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American Family Life Assurance Company
of Columbus (as Noteholder under the
2005 Note Agreement and the 2006 Note
Agreement)
      By   /s/ Mary Ellen Keim         Name:   Mary Ellen Keim        Title:  
Vice President Fixed Income       
California National Bank (as Noteholder
under the 2005 Note Agreement)
      By   /s/ Lisa Alexander         Name:   Lisa Alexander        Title:  
Senior Vice President/Treasurer       
Connecticut General Life Insurance Company
(as Noteholder under the 2003 Note
Agreement and the 2004 Note Agreement)

By:   Cigna Investments, Inc. (authorized agent)
      By   /s/ Debra J. Height         Name:   Debra J. Height        Title:  
Managing Director       
Life Insurance Company of North America
(as Noteholder under the 2004 Note
Agreement)
      By:   CIGNA Investments, Inc. (authorized agent)
      By   /s/ Debra J. Height         Name:   Debra J. Height        Title:  
Managing Director     

-9-

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CUNA Mutual Insurance Society (as
Noteholder under the 2008 Note Agreement)
      By:   MEMBERS Capital Advisors, Inc.,
acting as Investment Advisor             By   /s/ Allen R. Cantrell        
Name:   Allen R. Cantrell        Title:   Director, Private Placements       
Employees’ Retirement System of Alabama
(as Noteholder under the 2005 Note Agreement)
      By   /s/ Julie Barranco         Name:   Julie Barranco        Title:  
Director of Fixed Income       
Judicial Retirement Fund (as Noteholder
under the 2005 Note Agreement)
      By   /s/ Julie Barranco         Name:   Julie Barranco        Title:  
Director of Fixed Income       
PEIRAF — Deferred Compensation Plan (as
Noteholder under the 2005 Note Agreement)
      By   /s/ Julie Barranco         Name:   Julie Barranco        Title:  
Director of Fixed Income       
Teachers’ Retirement System of Alabama
(as Noteholder under the 2005 Note Agreement)
      By   /s/ Julie Barranco         Name:   Julie Barranco        Title:  
Director of Fixed Income   

-10-

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Federated Life Insurance Company (as
Noteholder under the 2003 Note Agreement)
      By   /s/ Mark A. Hood         Name:   Mark A. Hood        Title:   Vice
President        Genworth Life Insurance Company
(f/k/a General Electric Capital Assurance
Company) (as Noteholder under the 2004 Note
Agreement and the 2005 Note Agreement)
      By   /s/ John Endres         Name:   John Endres        Title:  
Investment Officer       
The Guardian Life Insurance Company of
America (as Noteholder under the 2004
Note Agreement)
      By   /s/ Ellen I. Whittaker         Name:   Ellen I. Whittaker       
Title:   Senior Director, Private Placements       
The Guardian Insurance & Annuity Company,
Inc. (as Noteholder under the 2004 Note Agreement)
      By   /s/ Ellen I. Whittaker         Name:   Ellen I. Whittaker       
Title:   Senior Director, Private Placements   

-11-

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John Hancock Life Insurance Company (as
Noteholder under the 2003 Note Agreement and
2004 Note Agreement)
      By   /s/ Anthony J. Della Piana         Name:   Anthony J. Della Piana   
    Title:   Senior Managing Director       
John Hancock Variable Life Insurance Company
(as Noteholder under the 2003 Note
Agreement and 2004 Note Agreement)
      By   /s/ Anthony J. Della Piana         Name:   Anthony J. Della Piana   
    Title:   Authorized Signatory       
John Hancock Life & Health Insurance Company
(f/k/a Manulife Insurance Company) (as
Noteholder under the 2003 Note Agreement)
      By   /s/ Anthony J. Della Piana         Name:   Anthony J. Della Piana   
    Title:   Authorized Signatory       
John Hancock Life Insurance Company (U.S.A.)
(f/k/a The Manufacturers Life Insurance
Company (U.S.A.)) (as Noteholder under the
2004 Note Agreement)
      By   /s/ Anthony J. Della Piana         Name:   Anthony J. Della Piana   
    Title:   Authorized Signatory   

-12-

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Signature 7 L.P. (as Noteholder under
the 2004 Note Agreement)
      By:   Hancock Capital Investment Management, LLC,
as Portfolio Advisor             By   /s/ Anthony J. Della Piana         Name:  
Anthony J. Della Piana        Title:   Senior Managing Director       
Signature 6 Limited (as Noteholder under
the 2004 Note Agreement)
      By:   Hancock Capital Investment Management, LLC,
as Portfolio Advisor             By   /s/ Anthony J. Della Piana         Name:  
Anthony J. Della Piana        Title:   Senior Managing Director       
JPMorgan Chase Bank, not individually but
solely in its capacity as Directed Trustee of
the commingled assets of the Long Term
Investment Trust (fka AT&T Master Pension
Trust) and the SBC Master Pension Trust (as
Noteholder under the 2004 Note Agreement)
      By   /s/ Amy L. Schneeberger         Name:   Amy L. Schneeberger       
Title:   Vice President   

-13-

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ING USA Annuity and Life Insurance Company
(as Noteholder under the 2008 Note Agreement)
ING Life Insurance and Annuity Company
(as Noteholder under the 2008 Note Agreement)
ReliaStar Life Insurance Company (as
Noteholder under the 2008 Note Agreement)
Security Life of Denver Insurance Company
(as Noteholder under the 2008 Note Agreement)
      By:   ING Investment Management LLC, as Agent             By   /s/
Christopher P. Lyons         Name:   Christopher P. Lyons        Title:   Senior
Vice President       
Metropolitan Life Insurance Company (as
Noteholder under the 2004 Note Agreement)

MetLife Insurance Company of Connecticut,
by Metropolitan Life Insurance Company,
its Investment Manager
      By   /s/ Judith A. Gulotta         Name:   Judith A. Gulotta       
Title:   Managing Director        (executed by Metropolitan Life Insurance
Company (i) as to itself as a Purchaser and (ii)
as investment manager to MetLife Insurance
Company of Connecticut as a Purchaser)
   

-14-

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Midland National Life Insurance
Company (as Noteholder under the 2005
Note Agreement)
      By:   Guggenheim Partners Advisory Company             By   /s/ Kaitlin
Trinh         Name:   Kaitlin Trinh        Title:   Director       
North American Company for Life
and Health Insurance (as Noteholder
under the 2005 Note Agreement)
      By:   Guggenheim Partners Advisory Company             By   /s/ Kaitlin
Trinh         Name:   Kaitlin Trinh        Title:   Director     

-15-

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National Benefit Life Insurance Company
(as Noteholder under the 2004 Note Agreement)
      By:   Conning Asset Management Company, as Investment Manager        By  
/s/ John H. DeMallie         Name:   John H. DeMallie        Title:   Director 
     
Primerica Life Insurance Company (as
Noteholder under the 2004 Note Agreement)
      By:   Conning Asset Management Company, as Investment Manager        By  
/s/ John H. DeMallie         Name:   John H. DeMallie        Title:   Director 
     
Reassure America Life Insurance Company
(as Noteholder under the 2003 Note
Agreement)
      By:   Conning Asset Management Company, as Investment Manager        By  
/s/ John H. DeMallie         Name:   John H. DeMallie        Title:   Director 
     
Swiss Re Life & Health America, Inc. (as
Noteholder under the 2003 Note Agreement and
the 2004 Note Agreement)
      By:   Conning Asset Management Company, as Investment Manager        By  
/s/ John H. DeMallie         Name:   John H. DeMallie        Title:   Director 
 

-16-

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Nationwide Life and Annuity Insurance Company
(as Noteholder under the 2004 Note
Agreement and the 2005 Note Agreement)
Nationwide Life Insurance Company (as
Noteholder under the 2004 Note Agreement and
the 2005 Note Agreement)
Nationwide Life Insurance Company of America
(as Noteholder under the 2004 Note
Agreement)
Nationwide Multiple Maturity Separate Account
(as Noteholder under the 2005 Note Agreement)
Nationwide Mutual Insurance Company (as
Noteholder under the 2004 Note Agreement)
      By   /s/ Thomas A. Gleason         Name:   Thomas A. Gleason       
Title:   Authorized Signatory   

-17-

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New York Life Insurance Company
(as Noteholder under the 2003 Note Agreement,
the 2004 Note Agreement and the 2005 Note Agreement)
      By   /s/ A. Post Howland         Name:   A. Post Howland        Title:  
Corporate Vice President       
New York Life Insurance and Annuity
Corporation (as Noteholder under the
2003 Note Agreement, the 2004 Note Agreement
and the 2005 Note Agreement)
      By   New York Life Investment Management LLC, its Investment Manager     
  By   /s/ A. Post Howland         Name:   A. Post Howland        Title:  
Director       
New York Life Insurance and Annuity
Corporation Institutionally Owned
Life Insurance Separate Account (as
Noteholder under the 2003 Note Agreement and
the 2005 Note Agreement)
      By   New York Life Investment Management LLC, its Investment Manager     
  By   /s/ A. Post Howland         Name:   A. Post Howland        Title:  
Director   

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The Northwestern Mutual Life Insurance
Company (as Noteholder under the 2004
Note Agreement, the 2005 Note Agreement and
the 2008 Note Agreement)
      By   /s/ David A. Barras         Name:   David A. Barras        Its
Authorized Representative       
Ohio National Life Assurance Corporation
(as Noteholder under the 2005 Note Agreement
and the 2008 Note Agreement)
      By   /s/ Jed R. Martin         Name:   Jed R. Martin        Title:   Vice
President, Private Placements       
The Ohio National Life Insurance Company
(as Noteholder under the 2004 Note Agreement
and the 2005 Note Agreement)
      By   /s/ Jed R. Martin         Name:   Jed R. Martin        Title:   Vice
President, Private Placements   

-19-

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Park National Bank (as Noteholder under
the 2005 Note Agreement)
      By   /s/ John Kratkoczki         Name:   John Kratkoczki        Title:  
Vice President / Controller       
Phoenix Life Insurance Company (as
Noteholder under the 2005 Note Agreement)
      By   /s/ Christopher M. Wilkos         Name:   Christopher M. Wilkos     
  Title:   Senior Vice President Corporate Portfolio Management Phoenix Life
Insurance Company       
PHL Variable Insurance Company (as
Noteholder under the 2005 Note Agreement)
      By   /s/ Christopher M. Wilkos, CFA         Name:   Christopher M. Wilkos 
      Title:   Senior Vice President Corporate Portfolio Management PHL Variable
Insurance Company       
San Diego National Bank (as Noteholder
under the 2005 Note Agreement)
      By   /s/ Eric W. Larson         Name:   Eric W. Larson        Title:  
Senior Vice President/Chief Financial Officer   

-20-

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Sun Life Assurance Company of Canada (as
Noteholder under the 2004 Note Agreement and
the 2008 Note Agreement)
      By   /s/ Paul Sinclair         Name:   Paul Sinclair        Title:  
Managing Director Head of Private Fixed Debt Private Fixed Income           
By   /s/ Kevin Phelan         Name:   Kevin Phelan        Title:   Managing
Director Private Fixed Income   

-21-

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Sun Life Assurance Company of Canada (U.S.)
(as Noteholder under the 2008 Note
Agreement)
      By   /s/ Deborah J. Foss         Name:   Deborah J. Foss        Title:  
Managing Director, Head of Private Debt Private Fixed Income        By   /s/ Ann
C. King         Name:   Ann C. King        Title:   Assistant Vice President and
Senior Counsel       
Sun Life Insurance and Annuity Company of New
York (as Noteholder under the 2008 Note
Agreement)
      By   /s/ Deborah J. Foss         Name:   Deborah J. Foss        Title:  
Authorized Signer        By   /s/ Ann C. King         Name:   Ann C. King       
Title:   Senior Counsel       
Sun Life Assurance Company of Canada (as
Noteholder under the 2003 Note Agreement and
the 2008 Note Agreement) acting
through its U.S. branch
      By   /s/ Deborah J. Foss         Name:   Deborah J. Foss        Title:  
Managing Director, Head of Private Debt Private Fixed Income        By   /s/ Ann
C. King         Name:   Ann C. King        Title:   Senior Counsel   

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            Sun Life Hong Kong Limited
      By:   Sun Capital Advisers LLC, its Investment Advisor (as Noteholder
under the 2003 Note Agreement)        By   /s/ Deborah J. Foss         Name:  
Deborah J. Foss        Title:   Authorized Signer        By   /s/ Ann C. King  
      Name:   Ann C. King        Title:   Authorized Signer       
Teachers Insurance and Annuity Association of
America (as Noteholder under the 2003
Note Agreement, the 2004 Note Agreement, the
2005 Note Agreement and the 2008 Note
Agreement)
      By   /s/ Brian K. Roelke         Name:   Brian K. Roelke        Title:  
Director       
TIAA-CREF Life Insurance Company (as
Noteholder under the 2004 Note Agreement)
      By:   Teachers Insurance and Annuity Association of America, as Investment
Manager        By   /s/ Brian K. Roelke         Name:   Brian K. Roelke       
Title:   Director   

-23-

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The Travelers Indemnity Company (as
Noteholder under the 2005 Note Agreement)
      By   /s/ Annette M. Masterson         Name:   Annette M. Masterson       
Title:   Vice President       
Woodmen of the World Life Insurance Society
(as Noteholder under the 2005 Note Agreement)
      By   /s/ James J. Stolze         Name:   James J. Stolze        Title:  
Assistant Vice President     

-24-