Exhibit 10.1
EXECUTION VERSION

RESTATEMENT AGREEMENT
TO AMENDED AND RESTATED CREDIT AGREEMENT
Restatement Agreement (this “Restatement Agreement”), dated as of August 17,
2016 to Credit Agreement dated March 31, 2011, as amended and restated as of May
17, 2011, as of September 14, 2012 and as of March 1, 2013 (as amended from time
to time prior to the date hereof, the “Original Credit Agreement”), by and among
DELPHI CORPORATION, a Delaware corporation (the “U.S. Parent Borrower”), DELPHI
AUTOMOTIVE PLC, a public limited company organized under the laws of Jersey
(“Parent”), JPMORGAN CHASE BANK, N.A. as Administrative Agent and Swingline
Lender, and the Lenders and Issuing Banks party thereto. Capitalized terms not
otherwise defined herein having the definitions provided therefor in the
Original Credit Agreement.
WHEREAS, Section 9.02 of the Original Credit Agreement provides that the
Original Credit Agreement and the other Loan Documents may be amended by the
U.S. Parent Borrower and the Required Lenders or by the U.S. Parent Borrower and
the Administrative Agent with the consent of the Required Lenders; and
WHEREAS, the U.S. Parent Borrower, the Required Lenders and the Lenders
representing 100% of the aggregate Revolving Commitments (as defined in the
Amended and Restated Credit Agreement) and 100% of the aggregate Tranche A Term
Commitments (as defined in the Amended and Restated Credit Agreement) (the
“Amended and Restated Lenders”) have agreed to amend and restate the Original
Credit Agreement in its entirety in the form attached as Exhibit A hereto (the
“Amended and Restated Credit Agreement”) to, among other things, (i) establish
modified commitments for Tranche A Term Loans and modified Revolving Commitments
and (ii) make certain additional amendments.
NOW, THEREFORE, it is hereby agreed as follows:
SECTION 1.     Amendment and Restatement of Credit Agreement.
(a)     The Original Credit Agreement is hereby amended and restated in its
entirety as of the Restatement Effective Date (as defined in Section 4.01 of the
Amended and Restated Credit Agreement) in the form attached as Exhibit A hereto.
(b)    Effective upon the Restatement Effective Date, the Amended and Restated
Guaranty, dated as of March 1, 2013, among Parent, the U.S. Parent Borrower and
the Subsidiaries of Parent parties thereto, in favor of JPMorgan Chase Bank, as
Administrative Agent, shall be automatically terminated and of no further force
and effect, and all obligations of the parties thereto released.
SECTION 2.    Conditions to Effectiveness. This Restatement Agreement shall
become effective as of the Restatement Effective Date.
SECTION 3.    No Other Amendments. Except as hereby amended, the terms and
provisions of each Loan Document (as defined in the Amended and Restated Credit
Agreement) shall remain in full force and effect. Nothing herein shall be deemed
to entitle the parties hereto to a consent to, or a waiver, amendment,
modification or other change of, any of the terms, conditions, obligations,
covenants or agreements contained in the Amended and Restated Credit Agreement
or any other Loan Document (as defined in the Amended and Restated Credit
Agreement) in similar or different circumstances.
SECTION 4.    Effect of this Restatement Agreement. This Restatement Agreement
shall be deemed a “Loan Document.” On and after the date hereof each reference
in each of the Loan Documents (including to any Exhibit or Schedule attached
thereto) to “the Credit Agreement,” “thereunder,” “thereof” or words of like
import referring to the Credit Agreement, shall mean and be a reference to the
Amended and Restated Credit Agreement (and its associated Exhibits and
Schedules) and all references in the Original Credit Agreement to “this
Agreement,” “hereunder,” “hereof” or words of like import referring to the
Original Credit Agreement, shall, unless expressly provided otherwise, refer to
the Original Credit Agreement without giving effect to this Restatement
Agreement. The Loan Documents (as defined in the Amended and Restated Credit
Agreement), as modified by this Restatement

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Agreement, are and shall continue to be in full force and effect and are hereby
in all respects ratified and confirmed. Except as expressly set forth herein,
this Restatement Agreement shall not by implication or otherwise limit, impair,
constitute a waiver of or otherwise affect the rights and remedies of the
Lenders or the Administrative Agent under any Loan Document (as defined in the
Amended and Restated Credit Agreement) other than the Original Credit Agreement,
and shall not alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in any such other
Loan Document, all of which are ratified and affirmed in all respects and shall
continue in full force and effect.
SECTION 5.    GOVERNING LAW. THIS RESTATEMENT AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
SECTION 6.    Counterparts. This Restatement Agreement may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed and delivered shall be deemed an original, but
all such counterparts together shall constitute but one and the same contract.
Delivery of an executed counterpart of this Restatement Agreement by facsimile
or other electronic means shall be equally effective as delivery of the original
executed counterpart of this Restatement Agreement. Any party delivering an
executed counterpart of this Restatement Agreement by facsimile or other
electronic means shall also deliver an original executed counterpart of this
Restatement Agreement but the failure to deliver an original executed
counterpart shall not affect the validity, enforceability or binding effect of
this Restatement Agreement.
SECTION 7.    Headings. The headings of this Restatement Agreement are for
purposes of reference only and shall not limit or otherwise affect the meaning
hereof.

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IN WITNESS WHEREOF, the parties hereto have executed the Restatement Agreement
as of the date first above here written.
 
 
DELPHI CORPORATION, as the U.S. Parent Borrower
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
DELPHI AUTOMOTIVE PLC, as Parent
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:

    

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JPMORGAN CHASE BANK, N.A.,
 
 
 
 
 
as the Administrative Agent, Swingline Lender,
 
 
Issuing Bank and a Lender
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:

    

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IN WITNESS WHEREOF, the undersigned has executed the Restatement Agreement as of
the date first above here written.
 
 
[INSERT NAME OF LENDER]
 
 
as Lender
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
If a second signature is necessary:
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:

    

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Exhibit A
AMENDED AND RESTATED CREDIT AGREEMENT

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EXHIBIT A
AMENDED AND RESTATED CREDIT AGREEMENT

dated as of August 17, 2016

among

DELPHI AUTOMOTIVE PLC,
as Parent,

DELPHI CORPORATION,
as U.S. Parent Borrower,

The Subsidiary Borrowers Party Hereto,

The Lenders Party Hereto,

and

JPMORGAN CHASE BANK, N.A.,
as Administrative Agent,

BARCLAYS BANK PLC,
CITIGROUP GLOBAL MARKETS INC.,
DEUTSCHE BANK SECURITIES INC.
GOLDMAN SACHS BANK USA
and
BANK OF AMERICA, N.A.,
as Co-Syndication Agents,

BNP PARIBAS,
INTESA SANPAOLO S.P.A. – NEW YORK BRANCH,
SOCIETE GENERALE,
SUMITOMO MITSUI BANKING CORPORATION,
T.D. BANK, N.A.,
UNICREDIT BANK AG, NEW YORK BRANCH,
WELLS FARGO BANK, N.A.
and
MORGAN STANLEY MUFG LOAN PARTNERS, LLC
as Co-Documentation Agents
___________________________
JPMORGAN CHASE BANK, N.A.,
BARCLAYS BANK PLC,
CITIGROUP GLOBAL MARKETS INC.,
DEUTSCHE BANK SECURITIES INC.
GOLDMAN SACHS BANK USA
and

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MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED,
as Joint Bookrunners and Joint Lead Arrangers

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TABLE OF CONTENTS
Page
ARTICLE I

DEFINITIONS
SECTION 1.01    Defined Terms
1

SECTION 1.02    Classification of Loans and Borrowings
33

SECTION 1.03    Terms Generally
33

SECTION 1.04    Accounting Terms; GAAP
34

SECTION 1.05    Payments on Business Days
34

SECTION 1.06    Times of Day
34

SECTION 1.07    No Novation
35

SECTION 1.08    Currency Translation; Change of Currency
35

ARTICLE II

THE CREDITS
SECTION 2.01    Commitments
35

SECTION 2.02    Loans and Borrowings
36

SECTION 2.03    Requests for Borrowings
37

SECTION 2.04    Swingline Loans
38

SECTION 2.05    Letters of Credit
39

SECTION 2.06    Funding of Borrowings
43

SECTION 2.07    Interest Elections
43

SECTION 2.08    Termination and Reduction of Commitments
45

SECTION 2.09    Repayment of Loans and B/As; Evidence of Debt
46

SECTION 2.10    Prepayment of Loans and B/As
47

SECTION 2.11    Fees
50

SECTION 2.12    Interest
51

SECTION 2.13    Alternate Rate of Interest
52

SECTION 2.14    Increased Costs
52

SECTION 2.15    Break Funding Payments
53

SECTION 2.16    Taxes
53

SECTION 2.16A    VAT
59

SECTION 2.17    Payments Generally; Pro Rata Treatment; Sharing of Setoffs
60

SECTION 2.18    Mitigation Obligations; Replacement of Lenders
61

SECTION 2.19    Expansion Option
62

SECTION 2.20    Maturity Extension
63

SECTION 2.21    Judgment Currency
64

SECTION 2.22    Defaulting Lenders
64

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Page

SECTION 2.23    Bankers’ Acceptances.
66

SECTION 2.24    Circumstances Making Bankers’ Acceptances Unavailable
69

SECTION 2.25    Borrower Agent
69

ARTICLE III

REPRESENTATIONS AND WARRANTIES
SECTION 3.01    Organization; Powers
69

SECTION 3.02    Authorization; Enforceability
70

SECTION 3.03    Governmental Approvals; No Conflicts
70

SECTION 3.04    Financial Statements; Financial Condition; No Material Adverse
Change
70

SECTION 3.05    Properties
70

SECTION 3.06    Litigation and Environmental Matters
70

SECTION 3.07    Compliance with Laws
71

SECTION 3.08    Investment Company Status
71

SECTION 3.09    Taxes
71

SECTION 3.10    Solvency
71

SECTION 3.11    Disclosure
71

SECTION 3.12    Federal Reserve Regulations
71

SECTION 3.13    Anti-Corruption Laws; Sanctions
71

ARTICLE IV

CONDITIONS
SECTION 4.01    Restatement Effective Date
72

SECTION 4.02    Each Credit Event
73

ARTICLE V

AFFIRMATIVE COVENANTS
SECTION 5.01    Financial Statements and Other Information
73

SECTION 5.02    Notices of Material Events
74

SECTION 5.03    Existence; Conduct of Business
74

SECTION 5.04    Payment of Taxes
75

SECTION 5.05    Maintenance of Properties; Insurance
75

SECTION 5.06    Inspection Rights
75

SECTION 5.07    Compliance with Laws
75

SECTION 5.08    Use of Proceeds and Letters of Credit
75

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Page

SECTION 5.09    Further Assurances; Additional Guarantors
75

SECTION 5.10    Unrestricted Subsidiaries
76

ARTICLE VI

NEGATIVE COVENANTS
SECTION 6.01    Indebtedness
77

SECTION 6.02    Liens
78

SECTION 6.03    All or Substantially All Assets
80

SECTION 6.04    Fundamental Changes
80

SECTION 6.05    Sale-Leaseback Transactions
80

SECTION 6.06    Lines of Business
81

SECTION 6.07    Anti-Corruption Laws and Sanctions
81

SECTION 6.08    Financial Covenant
81

ARTICLE VII

EVENTS OF DEFAULT
ARTICLE VIII

THE ADMINISTRATIVE AGENT
ARTICLE IX

MISCELLANEOUS
SECTION 9.01    Notices
85

SECTION 9.02    Waivers; Amendments
86

SECTION 9.03    Expenses; Indemnity; Damage Waiver
88

SECTION 9.04    Successors and Assigns
89

SECTION 9.05    Survival
92

SECTION 9.06    Counterparts; Integration; Effectiveness; Effect of Restatement
92

SECTION 9.07    Severability
93

SECTION 9.08    Right of Setoff
93

SECTION 9.09    Governing Law; Jurisdiction; Consent to Service of Process
93

SECTION 9.10    WAIVER OF JURY TRIAL
94

SECTION 9.11    Headings
94

SECTION 9.12    Confidentiality
94

SECTION 9.13    USA PATRIOT Act
95

SECTION 9.14    Interest Rate Limitation
95

SECTION 9.15    No Fiduciary Duty
95

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SCHEDULES:
Schedule 1.01
–    Existing Letters of Credit

Schedule 2.01
–    Commitments

Schedule 6.01
–    Existing Indebtedness

Schedule 6.02
–    Existing Liens

Schedule 9.01
–    Issuing Bank Addresses for Notice

EXHIBITS:
Exhibit A
–    Form of Assignment and Assumption

Exhibit B-1
–    Form of Borrowing Request

Exhibit B-2
–    Form of Interest Election Request

Exhibit B-3
–    Form of Letter of Credit Issuance Request

Exhibit B-4
–    Form of Discount Note

Exhibit B-5
–    Form of Swingline Loan Borrowing Request

Exhibit C
–    [Reserved]

Exhibit D-1
–    Form of U.S. Tax Compliance Certificate (Foreign Lenders not Partnerships)

Exhibit D-2
–    Form of U.S. Tax Compliance Certificate (Foreign Lenders Partnerships)

Exhibit D-3
–    Form of U.S. Tax Compliance Certificate (Foreign Participants not
Partnerships)

Exhibit D-4
–    Form of U.S. Tax Compliance Certificate (Foreign Participant Partnerships)

Exhibit E
–    Form of Joinder Agreement

Exhibit F
–    Form of Guaranty

Exhibit G
–    Form of Discounted Prepayment Option Notice

Exhibit H
–    Form of Lender Participation Notice

Exhibit I
–    Form of Discounted Voluntary Prepayment Notice

-iv-

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CREDIT AGREEMENT dated as of March 31, 2011, amended and restated as of May 17,
2011, as of September 14, 2012, as of March 1, 2013 and as of August 17, 2016
(this “Agreement”) among DELPHI AUTOMOTIVE PLC, a public limited company
organized under the laws of Jersey (“Parent”), DELPHI CORPORATION, a Delaware
corporation (the “U.S. Parent Borrower”), the Subsidiary Borrowers (as defined
herein) from time to time party hereto, the LENDERS from time to time party
hereto, the ISSUING BANKS from time to time party hereto, and JPMORGAN CHASE
BANK, N.A., as Administrative Agent.
Parent, the U.S. Parent Borrower, certain other subsidiaries of Parent, the
Administrative Agent and the Lenders party thereto have previously entered into
the Credit Agreement, dated as of March 31, 2011, amended and restated as of
May 17, 2011 and as of September 14, 2012, as amended as of January 22, 2013, as
amended and restated as of March 1, 2013 and as amended as of August 7, 2015
(the “Original Credit Agreement”) and the parties hereto hereby agree to amend
and restate the Original Credit Agreement as follows:

ARTICLE I
Definitions
SECTION 1.01 Defined Terms. As used in this Agreement, the following terms have
the meanings specified below:
“ABR,” when used in reference to any Loan or Borrowing, refers to whether such
Loan, or the Loans comprising such Borrowing, are bearing interest at a rate
determined by reference to the Alternate Base Rate.
“Acceptable Discount” has the meaning provided in Section 2.10(c)(iii).
“Acceptable Date” has the meaning provided in Section 2.10(c)(ii).
“Acceptance Fee” has the meaning assigned to such term in Section 2.23(m).
“Acquired Entity or Business” means each Person, property, business or assets
acquired by the Parent Entity or a Restricted Subsidiary, to the extent not
subsequently sold, transferred or otherwise disposed of by the Parent Entity or
such Restricted Subsidiary.
“Additional Credit Extension Amendment” means an amendment to this Agreement
(which may, at the option of the Administrative Agent, be in the form of an
amendment and restatement of this Agreement) providing for any Incremental Term
Loans or Extended Term Loans or Extended Revolving Commitments, which shall be
consistent with the applicable provisions of this Agreement and otherwise
reasonably satisfactory to the Administrative Agent.
“Adjusted LIBO Rate” means, with respect to any Eurocurrency Borrowing for any
Interest Period, an interest rate per annum (rounded upwards, if necessary, to
the next 1/16 of 1%) equal to the LIBO Rate for such Interest Period, multiplied
by (b) the Statutory Reserve Rate.
“Administrative Agent” means JPMorgan Chase Bank, N.A. (including its branches
and Affiliates), in its capacity as administrative agent for the Lenders
hereunder, or any successor administrative agent.
“Administrative Questionnaire” means an Administrative Questionnaire in a form
supplied by the Administrative Agent.
“Affiliate” means, with respect to a specified Person, another Person that
directly, or indirectly through one or more intermediaries, Controls or is
Controlled by or is under common Control with the Person specified.

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“Agents” means the Administrative Agent, the Arrangers, the Syndication Agents
and the Co-Documentation Agents.
“Alternate Base Rate” means, for any day, a rate per annum equal to the greatest
of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on
such day plus ½ of 1% and (c) the Adjusted LIBO Rate for Dollars for a one month
Interest Period on such day (or if such day is not a Business Day, the
immediately preceding Business Day) plus 1%, provided that for the purpose of
this definition, the Adjusted LIBO Rate for any day shall be based on the LIBO
Screen Rate (or if the LIBO Screen Rate is not available for such one month
Interest Period, the Interpolated Rate) at approximately 11:00 a.m. London time
on such day. Any change in the Alternate Base Rate due to a change in the Prime
Rate, the NYFRB Rate or the Adjusted LIBO Rate shall be effective from and
including the effective date of such change in the Prime Rate, the NYFRB Rate or
the Adjusted LIBO Rate, respectively.
“Alternative Currency” means Euro, Sterling, Canadian Dollars, Mexican Pesos and
any other currencies (other than Dollars) as shall be agreed from time to time
among the Administrative Agent, each applicable Lender, each Issuing Bank and
the Borrower Agent.
“Alternative Currency Letter of Credit” means a Global Letter of Credit
denominated in an Alternative Currency.
“Anti-Corruption Laws” means all laws, rules, and regulations of any
jurisdiction applicable to the Parent Entity, the Borrowers or any of their
respective Restricted Subsidiaries from time to time concerning or relating to
bribery or corruption.
“Applicable Participants” means (i) with respect to any Global Swingline Loan,
the Global Revolving Lenders, (ii) with respect to any U.S. Swingline Loan, the
U.S. Revolving Lenders, (iii) with respect to any Global Letter of Credit, the
Global Revolving Lenders and (iv) with respect to any U.S. Letter of Credit, the
U.S. Revolving Lenders.
“Applicable Percentage” means, at any time (a) with respect to any Global
Revolving Lender or any U.S. Revolving Lender, the percentage equal to a
fraction the numerator of which is the amount of such Lender’s Global Revolving
Commitment or U.S. Revolving Commitment, respectively, and the denominator of
which is the aggregate Global Revolving Commitments or aggregate U.S. Revolving
Commitments, respectively, at such time; provided that in the case of
Section 2.22 when a Defaulting Lender shall exist, “Applicable Percentage” shall
mean the percentage equal to a fraction the numerator of which is the amount of
such Lender’s Global Revolving Commitment or U.S. Revolving Commitment,
respectively, and the denominator of which is the aggregate Global Revolving
Commitments or aggregate U.S. Revolving Commitments, respectively (disregarding
any Defaulting Lender’s Global Revolving Commitment and U.S. Revolving
Commitment) and (b) with respect to the Term Loans of any Class, a percentage
equal to a fraction the numerator of which is such Lender’s outstanding
principal amount of the Term Loans of such Class and the denominator of which is
the aggregate outstanding amount of the Term Loans of such Class. If the Global
Revolving Commitments have terminated or expired, the Applicable Percentages of
the Global Revolving Lenders shall be determined based upon the Global Revolving
Commitments most-recently in effect, giving effect to any assignments of Global
Revolving Loans, Global LC Exposures and Global Swingline Exposures and to any
Global Revolving Lender’s status as a Defaulting Lender that occur after such
termination or expiration. If the U.S. Revolving Commitments have terminated or
expired, the Applicable Percentages of the U.S. Revolving Lenders shall be
determined based upon the U.S. Revolving Commitments most-recently in effect,
giving effect to any assignments of U.S. Revolving Loans, U.S. LC Exposures and
U.S. Swingline Exposures and to any U.S. Revolving Lender’s status as a
Defaulting Lender that occur after such termination or expiration.
“Applicable Rate” means with respect to Tranche A Term Loans, Revolving Loans,
Swingline Loans and facility fees with respect to the Revolving Facility, the
applicable rate determined as follows based on the Corporate Ratings:

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Revolving Facility
Term Loan A Facility
Pricing
Level
Corporate
Ratings
Facility
Fee
Applicable
Rate for
Eurocurrency
Loans and
BA Drawings
Applicable
Rate for
ABR Loans,
and
Canadian
Prime Rate
Loans
Applicable
Rate for
Eurocurrency
Loans
Applicable
Rate for
ABR
Loans
1
At least A- (stable or better) or at least A3 (stable or better)
0.100%
0.900%
0.000%
1.000%
0.000%
2
Pricing Level 1 does not apply but at least BBB+ (stable or better) or at least
Baa1 (stable or better)
0.125%
1.000%
0.000%
1.125%
0.125%
3
Pricing Levels 1 and 2 do not apply but at least BBB (stable or better) or at
least Baa2 (stable or better)
0.150%
1.100%
0.100%
1.250%
0.250%
4
Pricing Levels 1, 2 and 3 do not apply but at least BBB- (stable or better) or
at least Baa3 (stable or better)
0.200%
1.300%
0.300%
1.500%
0.500%
5
None of Pricing Levels 1, 2, 3 and 4 applies
0.250%
1.500%
0.500%
1.750%
0.750%

For purposes of the foregoing (i) if the Corporate Ratings shall fall within the
same Pricing Level, the Applicable Rate shall be determined by reference to such
Pricing Level, (ii) if both Corporate Ratings are in effect and if such
Corporate Ratings shall fall within different Pricing Levels, the Applicable
Rate shall be based on (a) the higher of the two ratings if one rating is one
Pricing Level lower than the other, (b) one category next below that of the
higher rating if one rating is two Pricing Levels lower than the other and
(c) one Pricing Level higher than the lower rating if one rating is more than
two Pricing Levels lower than the other, (iii) if only one (but not both)
Corporate Rating is in effect, the Applicable Rate shall be determined by
reference to the Pricing Level in which such rating falls, (iv) if no Corporate
Rating is in effect (other than by reason of the circumstances referred to in
the last sentence of this definition), then each Rating Agency shall be deemed
to have established a rating in Pricing Level 5 and (v) if the Corporate Ratings
established or deemed to have been established by a Rating Agency, shall be
changed (other than as a result of a change in the rating system of such Rating
Agency), such change shall be effective as of the date on which it is first
announced by such Rating Agency, irrespective of when notice of such change
shall have been furnished by the Borrower Agent to the Administrative Agent and
the Lenders. If the rating system of any Rating Agency shall change, or if any
Rating Agency shall cease to be in the business of rating corporate obligors,
the Credit Agreement Parties and the Lenders shall negotiate in good faith to
amend the definition of the “Applicable Rate” to reflect such changed rating
system or the unavailability of ratings from such Rating Agency and, pending the
effectiveness of any such amendment, the Applicable Rate shall, at the option of
the Borrower Agent, be determined (i) as set forth above using the rating from
such Rating Agency most recently in effect prior to such change or cessation or
(ii) disregarding the rating from such Rating Agency. References in this
paragraph to Applicable Rate include the rate applicable to the facility fees
payable pursuant to Section 2.11(a).
“Approved Fund” has the meaning assigned to such term in Section 9.04(b).
“Arrangers” means JPMorgan Chase Bank, N.A., Barclays Bank PLC, Citigroup Global
Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs Bank USA and Merrill
Lynch, Pierce, Fenner & Smith Incorporated, in their respective capacities as
joint lead arrangers and joint bookrunners for this Agreement.
“Assignment and Assumption” means an assignment and assumption agreement entered
into by a Lender and an assignee (with the consent of any party whose consent is
required by Section 9.04 of this Agreement), and accepted by the Administrative
Agent, in the form of Exhibit A or any other form approved by the Administrative
Agent.

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“Attributable Indebtedness” means, with respect to any Sale and Leaseback
Transaction that does not result in a Capital Lease Obligation, the present
value (computed in accordance with GAAP) of the total obligations of the lessee
for rental payments during the remaining term of the lease included in such Sale
and Leaseback Transaction (including any period for which such lease has been
extended).
“Attributable Receivables Indebtedness” at any time shall mean the principal
amount of Indebtedness which (i) if a Permitted Receivables Facility is
structured as a secured lending agreement, would constitute the principal amount
of such Indebtedness or (ii) if a Permitted Receivables Facility is structured
as a purchase agreement or factoring arrangement, would be outstanding at such
time under the Permitted Receivables Facility if the same were structured as a
secured lending agreement rather than a purchase agreement.
“Augmenting Lender” has the meaning assigned to such term in Section 2.19.
“Availability Period” means, with respect to any Revolving Facility, the period
from and including the Restatement Effective Date to but excluding the earlier
of the Revolving Credit Maturity Date and the date of termination of the
Revolving Commitments under such Revolving Facility in accordance with the
provisions of this Agreement.
“BA Drawing” means B/As accepted and purchased, and any BA Equivalent Loan made
in lieu of such acceptance and purchase, on the same date and as to which a
single Contract Period is in effect.
“BA Equivalent Loan” has the meaning assigned to such term in Section 2.23(j).
“Bail-In Action” means, as to any EEA Financial Institution, the exercise of any
Write-Down and Conversion Powers by the applicable EEA Resolution Authority in
respect of any liability of such EEA Financial Institution.
“Bail-In Legislation” means, with respect to any EEA Member Country implementing
Article 55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law for such EEA Member Country from
time to time which is described in the EU Bail-In Legislation Schedule.
“Bankers’ Acceptance” and “B/A” means a bill of exchange, including a depository
bill issued in accordance with the Depository Bills and Notes Act (Canada),
denominated in Canadian Dollars, drawn by the applicable Borrower and accepted
by a Global Revolving Lender (the foregoing to include a Discount Note except
where the context otherwise requires).
“Bankruptcy Event” means, with respect to any Person, such Person becomes the
subject of a bankruptcy or insolvency proceeding, or has had a receiver,
conservator, trustee, administrator, custodian, assignee for the benefit of
creditors or similar Person charged with the reorganization or liquidation of
its business appointed for it, or, in the good faith determination of the
Administrative Agent, has taken any action in furtherance of, or indicating its
consent to, approval of, or acquiescence in, any such proceeding or appointment,
provided that a Bankruptcy Event shall not result solely by virtue of any
ownership interest, or the acquisition of any ownership interest, in such Person
by a Governmental Authority or instrumentality thereof, provided, further, that
such ownership interest does not result in or provide such Person with immunity
from the jurisdiction of courts within the United States or from the enforcement
of judgments or writs of attachment on its assets or permit such Person (or such
Governmental Authority or instrumentality) to reject, repudiate, disavow or
disaffirm any contracts or agreements made by such Person.
“Board” means the Board of Governors of the Federal Reserve System of the United
States of America.

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“board of directors” means:
(a)    with respect to a corporation, the board of directors of the corporation
or any committee thereof duly authorized to act on behalf of such board;
(b)    with respect to a partnership, the board of directors of the general
partner of the partnership;
(c)    with respect to a limited liability company, the managing member or
members or any controlling committee of managers or members thereof or any board
or committee serving a similar management function; and
(d)    with respect to any other Person, the individual or board or committee of
such Person serving a management function similar to those described in
clauses (a), (b) or (c) of this definition.
“Borrower” means the Foreign Borrowers and the Domestic Subsidiary Borrowers.
“Borrower Agent” has the meaning provided in Section 2.25.
“Borrowing” means (a) Revolving Loans of the same Class, Type and currency,
made, converted or continued on the same date and, in the case of Eurocurrency
Loans, as to which a single Interest Period is in effect and, in the case of BA
Drawings, as to which a single Contract Period is in effect, (b) Term Loans of a
single Class made on the same date and, in the case of Eurocurrency Loans, as to
which a single Interest Period is in effect or (c) a Swingline Loan of the same
Class.
“Borrowing Minimum” shall mean (a) in the case of a Borrowing denominated in
Dollars, $5,000,000, (b) in the case of a Borrowing denominated in Euro,
€5,000,000, (c) in the case of a Borrowing denominated in Sterling, £3,000,000,
(d) in the case of a Borrowing denominated in Canadian Dollars, CAD$5,000,000
and (e) in the case of a Borrowing denominated in Mexican Pesos, ₱10,000,000.
“Borrowing Multiple” shall mean (a) in the case of a Borrowing denominated in
Dollars, $1,000,000, (b) in the case of a Borrowing denominated in Euro,
€1,000,000, (c) in the case of a Borrowing denominated in Sterling, £1,000,000,
(d) in the case of a Borrowing denominated in Canadian Dollars, CAD$1,000,000
and (e) in the case of a Borrowing denominated in Mexican Pesos, ₱10,000,000.
“Borrowing Request” means a request by a Borrower for a Borrowing in accordance
with Section 2.03.
“Business Day” means any day that is not a Saturday, Sunday or other day on
which commercial banks in New York City are authorized or required by law to
remain closed; provided that (a) when used in connection with a Eurocurrency
Loan, the term “Business Day” shall also exclude any day on which banks are not
open for dealings in Dollar deposits in the London interbank market, (b) when
used in connection with any Loan or Letter of Credit denominated in any
Alternative Currency (other than Mexican Pesos), the term “Business Day” shall
also exclude any day on which banks are not open for dealings in deposits in
such Alternative Currency in London and the principal financial center for such
Alternative Currencies, as reasonably determined by the Administrative Agent and
notified to the Borrower Agent in writing from time to time, (c) when used in
connection with a Loan or Letter of Credit denominated in Euro, the term
“Business Day” shall also exclude any day on which the Trans-European Automated
Real Time Gross Settlement Express Transfer (TARGET) payment system is not open
for the settlement of payments in Euro, (d) when used in connection with any
Loan or any Letter of Credit denominated in Canadian Dollars, the term “Business
Day” shall also exclude any day in which commercial banks in Toronto, Canada are
authorized or required by law to remain closed, (e) when used in connection with
any Loan or Letter of Credit denominated in Sterling, the term “Business Day”
shall also exclude any day on which commercial banks in London, England are
authorized or required by law to remain closed and (f) when used in connection
with any Loan

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or Letter of Credit denominated in Mexican Pesos, the term “Business Day” shall
also exclude any day on which commercial banks in Mexico City, Mexico are
authorized or required by law to remain closed.
“Canada” means the country of Canada and any province or territory thereof.
“Canadian Dollars” or “CAD$” refers to lawful money of Canada.
“Canadian Funding Office” means the office as may be specified as such from time
to time by the Administrative Agent by written notice to the Borrower Agent and
the Global Revolving Lenders.
“Canadian Prime Rate” means on any day, the greater of (a) the annual rate of
interest announced from time to time by JPMCB, Toronto Branch as being its
reference rate then in effect for determining interest rates on Canadian
Dollar-denominated commercial loans made by it in Canada and (b) the CDOR Rate
for a one-month term in effect from time to time plus 0.75% per annum.
“Canadian Prime Rate Loan” means a Loan denominated in Canadian Dollars the rate
of interest applicable to which is based upon the Canadian Prime Rate.
“Capital Lease Obligations” of any Person means the obligations of such Person
to pay rent or other amounts under any lease of (or other arrangement conveying
the right to use) real or personal property, or a combination thereof, which
obligations are required to be classified and accounted for as capital leases on
a balance sheet of such Person under GAAP, and the amount of such obligations as
of any date shall be the capitalized amount thereof determined in accordance
with GAAP that would appear on a balance sheet of such Person prepared as of
such date.
“Cash Equivalents” means
(a)    Dollars or money in other currencies received in the ordinary course of
business;
(b)    securities with maturities of one (1) year or less from the date of
acquisition issued or fully guaranteed or insured by the United States federal
government or any agency thereof;
(c)    securities with maturities of one (1) year or less from the date of
acquisition issued or fully guaranteed by any state, commonwealth or territory
of the United States, by any political subdivision or taxing authority of any
such state, commonwealth or territory or by any foreign government, the
securities of which state, commonwealth, territory, political subdivision,
taxing authority or foreign government (as the case may be) are rated at least A
by S&P or A by Moody’s;
(d)    demand deposit, certificates of deposit and time deposits with maturities
of one (1) year or less from the date of acquisition and overnight bank deposits
of any commercial bank, supranational bank or trust company having capital and
surplus in excess of $500,000,000;
(e)    repurchase obligations with respect to securities of the types (but not
necessarily maturity) described in clauses (b) and (c) above, having a term of
not more than ninety (90) days, of banks (or bank holding companies) or
subsidiaries of such banks (or bank holding companies) and non-bank
broker-dealers listed on the Federal Reserve Bank of New York’s list of primary
and other reporting dealers (“Repo Counterparties”) which Repo Counterparties
have capital, surplus and undivided profits aggregating in excess of
$500,000,000 (or the foreign equivalent thereof) and which Repo Counterparties
or their parents (if the Repo Counterparties are not rated) will at the time of
the transaction be rated A–1 by S&P (or such similar equivalent rating) or
higher by at least one nationally recognized statistical rating organization;
(f)    commercial paper rated at least A–1 or the equivalent thereof by S&P or
P–1 or the equivalent thereof by Moody’s and in either case maturing within one
(1) year after the day of acquisition;

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(g)    short-term marketable securities of comparable credit quality to those
described in clauses (a) through (f) above;
(h)    shares of money market mutual or similar funds that invest at least 95%
in assets satisfying the requirements of clauses (a) through (g) of this
definition; and
(i)    in the case of the Parent Entity or a Foreign Subsidiary, substantially
similar investments, of comparable credit quality, denominated in the currency
of any jurisdiction in which such Subsidiary conducts business.
“CDOR Rate” means on any day, with respect to a particular term as specified
herein, the annual rate of discount or interest which is the arithmetic average
of the discount rates for such term applicable to Canadian Dollar bankers’
acceptances identified as such on the Reuters Screen CDOR Page at approximately
10:00 a.m. on such day, or if such day is not a Business Day, then on the
immediately preceding Business Day (as adjusted by the Administrative Agent
after 10:00 a.m. to reflect any error in any posted rate or in the posted
average annual rate). If such rate does not appear on the Reuters Screen CDOR
Page as provided in preceding sentence, the Administrative Agent may elect
(i) the CDOR Rate on any day shall be calculated as the arithmetic average of
the annual discount rates for such term applicable to Canadian Dollar bankers’
acceptances of, and as quoted by, the reference banks reasonably selected by the
Administrative Agent and notified to the Borrower Agent, as of 10:00 a.m. on
that day, or if that day is not a Business Day, then on the immediately
preceding Business Day, or (ii) then the Canadian deposit offered rate component
of such rate on that day shall be calculated as the cost of funds quoted by the
Administrative Agent to raise Canadian Dollars for the applicable Contract
Period as of 10:00 a.m. Toronto local time on such day for commercial loans or
other extensions of credit to businesses of comparable credit risk; or if such
day is not a Business Day, then as quoted by the Administrative Agent on the
immediately preceding Business Day. Notwithstanding the foregoing, in the event
that the CDOR Rate for any period as determined above would be less than zero,
the CDOR Rate for such period shall be deemed to be zero.
“Change in Control” means the occurrence of any event, transaction or occurrence
as a result of which:
(a)    any “person” or “group” (within the meaning of the Securities Exchange
Act of 1934 and the rules and regulations of the SEC thereunder) has the ability
to appoint the majority of the members of the Parent Entity’s board of directors
(or comparable governing body) (it being understood and agreed that the
formation of a Permitted Parent Holding Company shall not constitute a Change in
Control under this clause (a)); or
(b)    the Parent Entity ceases to own, directly or indirectly through any one
or more wholly-owned Restricted Subsidiaries, 100% of the Equity Interests of
U.S. Parent Borrower and each Subsidiary Borrower (if any).
“Change in Law” means (a) the adoption of any law, treaty, rule or regulation
after the Restatement Effective Date, (b) any change in any law, treaty, rule or
regulation or in the interpretation or application thereof by any Governmental
Authority after the Restatement Effective Date or (c) compliance by any Lender
or any Issuing Bank (or, for purposes of Section 2.14(b), by any lending office
of such Lender or by such Lender’s or such Issuing Bank’s holding company, if
any) with any request, guideline or directive (whether or not having the force
of law) of any Governmental Authority made or issued after the Restatement
Effective Date; provided that, notwithstanding anything herein to the contrary,
(x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all
requests, rules, guidelines or directives thereunder or issued in connection
therewith and (y) all requests, rules, guidelines or directives promulgated by
the Bank for International Settlements, the Basel Committee on Banking
Supervision (or any successor or similar authority) or the United States or
foreign regulatory authorities, in each case pursuant to Basel III, shall in
each case be deemed to be a “Change in Law,” regardless of the date enacted,
adopted or issued.
“Charges” shall have the meaning assigned to such term in Section 9.14.

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“Class,” when used in reference to (i) any Loan or Borrowing, refers to whether
such Loan, or the Loans comprising such Borrowing, are Global Revolving Loans,
U.S. Revolving Loans, Tranche A Term Loans, Incremental Term Loans of any
series, Extended Term Loans of any series, Global Swingline Loans or U.S.
Swingline Loans and (ii) any Commitment, refers to whether such Commitment is a
Global Revolving Commitment, U.S. Revolving Commitment, Extended Revolving
Commitment or Tranche A Term Commitment.
“Co-Documentation Agents” means BNP Paribas, Intesa Sanpaolo S.p.A. – New York
Branch, Societe Generale, Sumitomo Mitsui Banking Corporation, T.D. Bank, N.A.,
Unicredit Bank AG, New York Branch, Wells Fargo Bank, N.A. and Morgan Stanley
MUFG Loan Partners, LLC, acting through Morgan Stanley Senior Funding, Inc. and
The Bank of Tokyo-Mitsubishi UFJ, Ltd., in their capacities as co-documentation
agents for this Agreement.
“Code” means the Internal Revenue Code of 1986, as amended from time to time.
“Commitment” means a Global Revolving Commitment, U.S. Revolving Commitment,
Extended Revolving Commitment or Tranche A Term Commitment.
“Consolidated EBITDA” means Consolidated Net Income plus, without duplication
and to the extent deducted from revenues in determining Consolidated Net Income,
(i) Consolidated Interest Expense and charges, deferred financing fees and
milestone payments in connection with any investment or series of related
investments, losses on hedging obligations or other derivative instruments
entered into for the purpose of hedging interest rate risk, net of gains on such
hedging obligations, and costs of surety bonds in connection with financing
activities, (ii) expense and provision for taxes paid or accrued,
(iii) depreciation, (iv) amortization (including amortization of intangibles,
including, but not limited to goodwill), (v) non-cash charges recorded in
respect of purchase accounting or impairment of goodwill, intangibles or
long-lived assets and non-cash exchange, translation or performance losses
relating to any foreign currency hedging transactions or currency fluctuations
except to the extent representing an accrual for future cash outlays, (vi) any
other non-cash items except to the extent representing an accrual for future
cash outlays, (vii) any unusual, infrequent or extraordinary expense, loss or
charge (including, without limitation the amount of any restructuring,
integration, transition, executive severance, facility closing and similar
expense, loss or charge, including any charges to establish accruals and
reserves or to make payments associated with the reassessment or realignment of
the business and operations of the Parent Entity and its Restricted
Subsidiaries, including, without limitation, the sale or closing of facilities,
severance, stay bonuses and curtailments or modifications to pension and
post-retirement employee benefit plans, asset write-downs or asset disposals
(including leased facilities), write-downs for purchase and lease commitments,
start-up costs for new facilities, write-downs of excess, obsolete or unbalanced
inventories, relocation costs which are not otherwise capitalized and any
related promotional costs of exiting products or product lines) in an amount not
to exceed $300,000,000 in any four fiscal quarter period, (viii) without
duplication, income of any non-wholly owned Restricted Subsidiaries and
deductions attributable to minority interests, (ix) any non-cash costs or
expenses incurred by the Parent Entity or a Restricted Subsidiary pursuant to
any employee or management equity plan or stock plan with respect to Equity
Interests of the Parent Entity, (x) expenses with respect to casualty events,
(xi) to the extent actually reimbursed, expenses incurred to the extent covered
by indemnification provisions in any agreement in connection with any
acquisition or investment and (xii) non-cash charges pursuant to SFAS 158,
minus, to the extent included in Consolidated Net Income, the sum of (x) any
unusual, infrequent or extraordinary income or gains and (y) any other non-cash
income (except to the extent representing an accrual for future cash income),
all calculated for the Parent Entity and its Restricted Subsidiaries in
accordance with GAAP on a consolidated basis; provided that, to the extent
included in Consolidated Net Income, (A) there shall be excluded in determining
Consolidated EBITDA currency translation gains and losses related to currency
remeasurements of Indebtedness (including the net loss or gain resulting from
Swap Agreements for currency exchange risk) and (B) there shall be excluded in
determining Consolidated EBITDA for any period any adjustments resulting from
the application of SFAS 133.
“Consolidated Interest Expense” means, with reference to any period, the
interest expense whether or not paid in cash (including, without limitation,
interest expense under Capital Lease Obligations that is treated as interest in
accordance with GAAP) of the Parent Entity and its Restricted Subsidiaries
calculated on a consolidated basis for such period in accordance with GAAP plus,
without duplication: (a) imputed interest attributable to

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Capital Lease Obligations of the Parent Entity and its Restricted Subsidiaries
for such period, (b) commissions, discounts and other fees and charges owed by
the Parent Entity or any of its Restricted Subsidiaries with respect to letters
of credit securing financial obligations, bankers’ acceptance financing and
receivables financings for such period, (c) amortization or write-off of debt
discount and debt issuance costs, premium, commissions, discounts and other fees
and charges associated with Indebtedness of the Parent Entity and its Restricted
Subsidiaries for such period, (d) cash contributions to any employee stock
ownership plan or similar trust made by the Parent Entity or any of its
Restricted Subsidiaries to the extent such contributions are used by such plan
or trust to pay interest or fees to any person (other than the Parent Entity or
a wholly owned Restricted Subsidiary) in connection with Indebtedness incurred
by such plan or trust for such period, (e) all interest paid or payable with
respect to discontinued operations of the Parent Entity or any of its Restricted
Subsidiaries for such period, (f) the interest portion of any deferred payment
obligations of the Parent Entity or any of its Restricted Subsidiaries for such
period, (g) all interest on any Indebtedness of the Parent Entity or any of its
Restricted Subsidiaries of the type described in clause (e) or (f) of the
definition of “Indebtedness” for such period and (h) the interest component of
all Attributable Receivables Indebtedness and Attributable Indebtedness of the
Parent Entity and its Restricted Subsidiaries.
“Consolidated Leverage Ratio” means, for any Test Period, the ratio of
(a) Consolidated Total Indebtedness as of the last day of such Test Period to
(b) Consolidated EBITDA for such Test Period.
“Consolidated Net Income” means, with reference to any period, the net income
(or loss) of the Parent Entity and its Restricted Subsidiaries calculated in
accordance with GAAP on a consolidated basis (without duplication) for such
period; provided that, in calculating Consolidated Net Income of the Parent
Entity and its Restricted Subsidiaries for any period, there shall be excluded
(a) extraordinary items, (b) the income (or deficit) of any Person accrued prior
to the date it becomes a Restricted Subsidiary of the Parent Entity or is merged
into or consolidated with the Parent Entity or any of its Restricted
Subsidiaries (except to the extent required for any calculation of Consolidated
EBITDA on a Pro Forma Basis), (c) the income (or deficit) of any Person (other
than a Restricted Subsidiary of the Parent Entity) in which the Parent Entity or
any of its Restricted Subsidiaries has an ownership interest (including any
Unrestricted Subsidiary), except to the extent that any such income is actually
received by the Parent Entity or such Restricted Subsidiary in the form of
dividends or similar distributions, (d) any fees and expenses incurred during
such period, or any amortization thereof for such period, in connection with the
consummation of any acquisition, investment, asset disposition, issuance or
repayment of debt (including under the Original Credit Agreement), purchase,
issuance or sale of equity securities, refinancing transaction or amendment or
other modification of any debt instrument (in each case, including any such
transaction undertaken but not completed) and any charges or non-recurring
merger costs incurred during such period as a result of any such transaction,
(e) any income (loss) for such period attributable to the early extinguishment
of Indebtedness and (f) the cumulative effect of a change in accounting
principles.
“Consolidated Subsidiaries” means Subsidiaries that would be consolidated with
the Parent Entity in accordance with GAAP.
“Consolidated Total Assets” means, as of the date of any determination thereof,
total assets of the Parent Entity and its Restricted Subsidiaries calculated in
accordance with GAAP on a consolidated basis as of such date.
“Consolidated Total Indebtedness” means at any time the sum, without
duplication, of (i) the aggregate principal amount of Indebtedness for borrowed
money of the Parent Entity and its Restricted Subsidiaries outstanding as of
such time of a type required to be reflected on a balance sheet prepared at such
time on a consolidated basis in accordance with GAAP minus (ii) the lesser of
(x) $500,000,000 and (y) the aggregate amount of unrestricted cash and Cash
Equivalents of the Parent Entity and its Restricted Subsidiaries held free and
clear of any Lien other than Liens permitted by clause (a), (f), (h), (k), (m),
(n), (s) or (u) of Section 6.02 and Liens securing the Obligations.
“Contract Period” means the term selected by the Borrower Agent applicable to
Bankers’ Acceptances in accordance with Section 2.23(b).

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“Control” means, with respect to any Person, the power, directly or indirectly,
to direct or cause the direction of the management and policies of such Person,
whether by contract or otherwise.
“Corporate Ratings” mean the ratings for the senior, unsecured, long-term
indebtedness for borrowed money of the Parent Entity (or Parent if such Parent
Entity is not then rated) (“Index Debt”) from S&P and Moody’s, or, in each case,
an equivalent rating by any other Rating Agency.
“Credit Agreement Parties” means the U.S. Parent Borrower, the Parent Entity and
each Subsidiary Borrower from time to time party hereto.
“Credit Exposure” means, as to any Lender at any time, the sum of (a) such
Lender’s Revolving Exposure at such time, plus (b) an amount equal to the
aggregate principal amount of its Term Loans outstanding at such time.
“CTA” means the Corporation Tax Act 2010 of the United Kingdom.
“Default” means any event or condition, which constitutes an Event of Default or
which upon notice, lapse of time or both would, unless cured or waived, become
an Event of Default.
“Defaulting Lender” means any Revolving Lender that (a) has failed, within three
Business Days of the date required to be funded or paid, to (i) fund any portion
of its Revolving Loans, (ii) fund any portion of its participations in Letters
of Credit or Swingline Loans or (iii) pay over to the Administrative Agent, any
Issuing Bank, the Swingline Lender or any other Lender any other amount required
to be paid by it hereunder, unless, in the case of clause (i) above, such
Revolving Lender notifies the Administrative Agent in writing that such failure
is the result of such Revolving Lender’s good faith determination that a
condition precedent to funding (specifically identified and including the
particular default, if any) has not been satisfied, (b) has notified any
Borrower or the Administrative Agent, any Issuing Bank, the Swingline Lender or
any other Lender in writing, or has made a public statement to the effect, that
it does not intend or expect to comply with (i) any of its funding obligations
under this Agreement (unless such writing or public statement indicates that
such position is based on such Revolving Lender’s good faith determination that
a condition precedent (specifically identified and including the particular
default, if any) to funding a loan under this Agreement cannot be satisfied) or
(ii) its funding obligations generally under other agreements in which it
commits to extend credit, (c) has failed, within three Business Days after
written request by the Administrative Agent, acting in good faith, to provide a
certification in writing from an authorized officer of such Revolving Lender
that it will comply with its obligations (and is financially able to meet such
obligations) to fund prospective Revolving Loans and participations in then
outstanding Letters of Credit and Swingline Loans under this Agreement, provided
that such Revolving Lender shall cease to be a Defaulting Lender pursuant to
this clause (c) upon such Loan Party’s receipt of such certification in form and
substance reasonably satisfactory to it and the Administrative Agent, (d) has
become the subject of a Bankruptcy Event or (e) has become the subject of a
Bail-In Action.
“Discount Note” means a non-interest bearing promissory note denominated in
Canadian Dollars, substantially in the form of Exhibit B-4, issued by the
applicable Borrower to a Non BA Lender to evidence a BA Equivalent Loan.
“Discount Proceeds” means for any Bankers’ Acceptance issued hereunder, an
amount calculated on the applicable date of Borrowing or conversion or
continuation by multiplying (a) the face amount of the Bankers’ Acceptance by
(b) the quotient obtained by dividing (i) one by (ii) the sum of one plus the
product of (A) the Discount Rate applicable to the Bankers’ Acceptance and (B) a
fraction, the numerator of which is the applicable Contract Period and the
denominator of which is 365, with the quotient being rounded up or down to the
fifth decimal place and .00005 being rounded up.
“Discounted Prepayment Option Notice” has the meaning provided in
Section 2.10(c)(ii).
“Discount Range” has the meaning provided in Section 2.10(c)(ii).

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“Discount Rate” means with respect to an issue of Bankers’ Acceptances with the
same maturity date, (a) for a Global Revolving Lender which is a Schedule I
Lender, the CDOR Rate for the appropriate term, and (b) for a Global Revolving
Lender which is not a Schedule I Lender, the sum of (I) the greater of (i) 0%
and (ii) arithmetic average (rounded upwards to the nearest multiple of 0.01%)
of the actual discount rates (expressed as annual rates) for B/As for such term
accepted by three Schedule I banks (that are acceptable to the Administrative
Agent) in accordance with their normal practices at or about 10:00 a.m. (Local
Time) on the date of issuance but not to exceed the actual rate of discount
applicable to B/As established pursuant to clause (a) for the same B/A issue
plus (II) 0.1% per annum.
“Discounted Voluntary Prepayment” has the meaning provided in
Section 2.10(c)(i).
“Discounted Voluntary Prepayment Notice” has the meaning provided in
Section 2.10(c)(v).
“Disposition” means, with respect to any Property, any sale, lease, sale and
leaseback, assignment, conveyance, transfer or other disposition thereof; and
the terms “Dispose” and “Disposed of” shall have correlative meanings.
“Dollars” or “$” refers to lawful money of the United States of America.
“Dollar Equivalent” means, on any date of determination, (a) with respect to any
amount in Dollars, such amount, and (b) with respect to any amount in any other
currency, the equivalent in Dollars of such amount, determined by the
Administrative Agent pursuant to Section 1.08 using the Exchange Rate with
respect to such currency at the time in effect under the provisions of such
Section.
“Domestic Subsidiary” means a Subsidiary organized under the Laws of the United
States of America, any state thereof or the District of Columbia.
“Domestic Subsidiary Borrower” means any Subsidiary Borrower that is a Domestic
Subsidiary.
“Draft” means (a) a blank bill of exchange, within the meaning of the Bills of
Exchange Act (Canada), drawn by the applicable Borrower on a Global Revolving
Lender, denominated in Canadian Dollars and bearing such distinguishing letters
and numbers as such Global Revolving Lender may determine, but which at such
time, except as otherwise provided herein, has not been completed or accepted by
such Global Revolving Lender, or (b) a depository bill within the meaning of the
Depository Bills and Notes Act (Canada); provided, however, that the
Administrative Agent may require such Global Revolving Lender to use a general
form of Bankers’ Acceptance satisfactory to the Borrower Agent and such Global
Revolving Lender, each acting reasonably, provided by the Administrative Agent
for such purpose in place of each Global Revolving Lender’s own form.
“EEA Financial Institution” means (a) any credit institution or investment firm
established in any EEA Member Country which is subject to the supervision of an
EEA Resolution Authority, (b) any entity established in an EEA Member Country
which is a parent of an institution described in clause (a) of this definition,
or (c) any financial institution established in an EEA Member Country which is a
Subsidiary of an institution described in clauses (a) or (b) of this definition
and is subject to consolidated supervision with its parent.
“EEA Member Country” means any of the member states of the European Union,
Iceland, Liechtenstein, and Norway.
“EEA Resolution Authority” means any public administrative authority or any
Person entrusted with public administrative authority of any EEA Member Country
(including any delegee) having responsibility for the resolution of any EEA
Financial Institution.
“Eligible Assignee” means (a) in the case of the Revolving Loans and Revolving
Commitments, a Lender under the Revolving Facilities or an Affiliate of a Lender
under the Revolving Facilities that is customarily engaged in the business of
extending credit or investing in bank loans and (b) in the case of the Term
Loans and the

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Tranche A Term Commitments, (i) a Lender, (ii) an Affiliate of a Lender that is
customarily engaged in the business of extending credit or investing in bank
loans or (iii) an Approved Fund of a Lender and (c) any financial institution
that extends credit or invests in bank loans as one of its businesses approved
(each such approval not to be unreasonably withheld or delayed) by (A) the
Administrative Agent, (B) in the case of the Revolving Commitments under any
Revolving Facility, the Swingline Lender and each applicable Issuing Bank under
such Revolving Facility and (C) unless a Specified Event of Default has occurred
and is continuing, the Borrower Agent.
“EMU Legislation” means the legislative measures of the European Union for the
introduction of, changeover to or operation of the Euro in one or more member
states.
“Environmental Laws” means all laws, rules, regulations, codes, ordinances,
orders, decrees, judgments, injunctions, notices or binding agreements issued,
promulgated or entered into by any Governmental Authority, imposing liability or
standards of conduct concerning protection of the environment, preservation or
reclamation of natural resources, the management, release or threatened release
of any Hazardous Material or the effect of Hazardous Materials or the
environment on health and safety matters.
“Environmental Liability” means any liability, contingent or otherwise
(including any liability for damages, costs of environmental remediation, fines,
penalties or indemnities), of the Parent Entity or any Restricted Subsidiary
directly or indirectly resulting from or based upon (a) violation of any
Environmental Law, (b) the generation, use, handling, transportation, storage,
treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous
Materials, (d) the release or threatened release of any Hazardous Materials into
the environment or (e) any contract, agreement or other consensual arrangement
pursuant to which liability is assumed or imposed with respect to any of the
foregoing.
“Equity Interests” means shares of capital stock, partnership interests,
membership interests in a limited liability company, beneficial interests in a
trust or other equity ownership interests in a Person, and any warrants, options
or other rights entitling the holder thereof to purchase or acquire any such
equity interest.
“ERISA” means the Employee Retirement Income Security Act of 1974, as amended
from time to time.
“ERISA Affiliate” means any trade or business (whether or not incorporated)
that, together with the Parent Entity, is treated as a single employer under
Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of
ERISA and Section 412 of the Code, is treated as a single employer under
Section 414 of the Code.
“ERISA Event” means (a) any “reportable event,” as defined in Section 4043 of
ERISA or the regulations issued thereunder with respect to a Plan (other than an
event for which the 30-day notice period is waived); (b) the occurrence with
respect to any Plan of a failure to satisfy the minimum funding standard under
Section 412 of the Code or Section 302 of ERISA, whether or not waived; (c) the
filing pursuant to Section 412(d) of the Code or Section 303(d) of ERISA of an
application for a waiver of the minimum funding standard with respect to any
Plan; (d) the incurrence by the U.S. Parent Borrower or any of its ERISA
Affiliates of any liability under Title IV of ERISA with respect to the
termination of any Plan pursuant to Sections 4041(c) or 4042 of ERISA; (e) the
receipt by the U.S. Parent Borrower or any ERISA Affiliate from the PBGC or a
plan administrator of any notice relating to an intention to terminate any Plan
or Plans or to appoint a trustee to administer any Plan; (f) the incurrence by
the U.S. Parent Borrower or any of its ERISA Affiliates of any liability with
respect to the withdrawal or partial withdrawal of the U.S. Parent Borrower or
any of its ERISA Affiliates from any Plan or Multiemployer Plan; or (g) the
receipt by the U.S. Parent Borrower or any ERISA Affiliate of any notice, or the
receipt by any Multiemployer Plan from the U.S. Parent Borrower or any ERISA
Affiliate of any notice, concerning the imposition upon the U.S. Parent Borrower
or any of its ERISA Affiliates of Withdrawal Liability or a determination that a
Multiemployer Plan is, or is expected to be, insolvent or in reorganization,
within the meaning of Title IV of ERISA.
“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule
published by the Loan Market Association (or any successor person), as in effect
from time to time.

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“Euro” or “€” refers to the currency constituted by the Treaty on the European
Union and as referred to in the EMU Legislation.
“Eurocurrency,” when used in reference to any Loan or Borrowing, refers to
whether such Loan, or the Loans comprising such Borrowing, are bearing interest
at a rate determined by reference to the Adjusted LIBO Rate, as applicable.
“European Union” means the region comprised of member states of the European
Union pursuant to the Treaty establishing the European Community (signed in Rome
on 25 March 1967) as amended by the Treaty on the European Union (signed in
Maastricht on 7 February 1992).
“Event of Default” has the meaning assigned to such term in Article VII.
“Exchange Rate” means, on any day, for purposes of determining the Dollar
Equivalent of any other currency, the rate at which such other currency may be
exchanged into Dollars at or about 11:00 a.m. (Local Time) on the date of
determination on the Reuters WRLD Page for such currency. In the event that such
rate does not appear on any Reuters WRLD Page, the Exchange Rate shall be
determined by reference to such other publicly available service for displaying
exchange rates as may be agreed upon by the Administrative Agent and the
Borrower Agent, or, in the absence of such an agreement, such Exchange Rate
shall instead be the arithmetic average of the spot rates of exchange of the
Administrative Agent in the market where its foreign currency exchange
operations in respect of such currency are then being conducted, at or about
such time as the Administrative Agent shall elect after determining that such
rates shall be the basis for determining the Exchange Rate, on such date for the
purchase of Dollars for delivery two Business Days later, provided that if at
the time of any such determination, for any reason, no such spot rate is being
quoted, the Administrative Agent may use any reasonable method it deems
appropriate to determine such rate, and such determination shall be conclusive
absent manifest error.
“Excluded Taxes” means, with respect to the Administrative Agent, any Lender,
any Issuing Bank or any other recipient of any payment to be made by or on
account of any obligation of any Loan Party under any Loan Document, (a) Taxes
imposed on (or measured by) its net or overall gross income (or capital, net
worth and similar Taxes imposed in lieu thereof) and franchise Taxes, in each
case, imposed by a jurisdiction as a result of such recipient being organized in
or having its principal office or applicable lending office in, such
jurisdiction, or as a result of any other present or former connection between
such recipient and such jurisdiction, other than any connection arising from
such recipient having executed, delivered, become a party to, performed its
obligations under, received payments under, received or perfected a security
interest under, engaged in any other transaction pursuant to, or enforced, any
Loan Documents, (b) any branch profits taxes under Section 884(a) of the Code,
or any similar Tax, imposed by any jurisdiction described in (a), (c) in the
case of a Lender (other than an assignee pursuant to a request by a Borrower
under Section 2.18(b)), with respect to any Loan made to the U.S. Parent
Borrower or any Domestic Subsidiary Borrower, any U.S. federal withholding tax
that is imposed pursuant to a Law in effect at the time such Lender becomes a
party to this Agreement (or designates a new lending office), except to the
extent that such Lender (or its assignor, if any) was entitled, immediately
prior to the time of designation of a new lending office (or assignment), to
receive additional amounts from a Loan Party with respect to such withholding
tax pursuant to Section 2.16(a), (d) with respect to any Loan made to a UK
Borrower, any UK Tax Deduction regarded as an Excluded Tax pursuant to Section
2.16(i), (e) with respect to any Loan made to an Irish Borrower, any Tax imposed
by Ireland for which an increased payment is not required under Section 2.16
pursuant to Section 2.16(j), (f)  any withholding tax attributable to a Lender’s
failure to comply with Section 2.16(e), (g) any Tax imposed pursuant to current
Sections 1471 through 1474 of the Code (or any amended or successor version that
is substantively comparable and not materially more onerous to comply with), any
current or future Treasury regulations promulgated thereunder or official
interpretations thereof, any agreement entered into pursuant to current Section
1471(b)(1) of the Code (or any amended or successor version described above),
any intergovernmental agreement implementing the foregoing and any related laws,
regulations or official administrative practices implementing the foregoing, (h)
any loss or liability suffered or incurred with respect to any UK Bank Levy (or
any payment attributable to, or liability arising as a consequence of a UK Bank
Levy) in respect of a Loan made to a UK Borrower, (i) any Luxembourg
registration duties (droits d’enregistrement) payable as a result of a voluntary
registration of a Loan Document or of any document in connection with a Loan
Document with the Administration

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de l’Enregistrement et des Domaines in Luxembourg where such registration is not
required to maintain, preserve, or enforce the rights of a Lender under such
document and (j) any interest, additions to Taxes and penalties with respect to
any Taxes described in clauses (a) through (i) of this definition.
“Existing Letters of Credit” shall mean each Letter of Credit outstanding under
the Original Credit Agreement on the Restatement Effective Date and listed on
Schedule 1.01.
“Extended Revolving Commitments” means Revolving Commitments of any series that
have been extended pursuant to Section 2.21.
“Extended Term Loans” means Term Loans of any series that have been extended
pursuant to Section 2.21.
“Extending Lender” has the meaning provided in Section 2.20.
“Facility” means each of the U.S. Revolving Facility, the Global Revolving
Facility and the Term Loan A Facility.
“Federal Funds Effective Rate” means, for any day, the rate calculated by the
NYFRB based on such day’s federal funds transactions by depositary institutions,
as determined in such manner as the NYFRB shall set forth on its public website
from time to time, and published on the next succeeding Business Day by the
NYFRB as the federal funds effective rate; provided that, if negative, such rate
shall be deemed to be 0.00%.
“Finance Party” means the Agent, the Arrangers, a Lender or any Issuing Bank.
“Financial Officer” means the chief financial officer, principal accounting
officer, treasurer or controller of the Borrower Agent or the Parent Entity, as
the context requires.
“Foreign Borrower” means (i) Parent (unless Parent has ceased to be a Borrower),
(ii) any Parent Entity (other than Parent) that has become a Foreign Borrower in
accordance with Section 9.02(e)(i) and (iii) any Foreign Subsidiary Borrower.
“Foreign Lender” means any Lender that is not a “United States person” within
the meaning of Section 7701(a)(30) of the Code.
“Foreign Subsidiary” means any direct or indirect Subsidiary of the Parent
Entity that is not a Domestic Subsidiary.
“Foreign Subsidiary Borrower” means any Subsidiary Borrower that is not a
Domestic Subsidiary.
“GAAP” means generally accepted accounting principles in the United States of
America.
“Global LC Exposure” means, at any time, the sum of (a) the Dollar Equivalent of
the aggregate undrawn amount of all outstanding Global Letters of Credit at such
time, and (b) the Dollar Equivalent of the aggregate amount of all LC
Disbursements in respect of Global Letters of Credit that have not yet been
reimbursed by or on behalf of the Borrowers at such time. The Global LC Exposure
of any Global Revolving Lender at any time shall be its Applicable Percentage of
the aggregate Global LC Exposure at such time.
“Global Letter of Credit” means each Letter of Credit issued under the Global
Revolving Facility.
“Global Revolving Commitment” means, with respect to each Lender, the
commitment, if any, of such Lender to make Global Revolving Loans and to acquire
participations in Global Letters of Credit and Global Swingline Loans, expressed
as an amount representing the maximum possible aggregate amount of such Lender’s
Global Revolving Exposure hereunder, as such commitment may be (a) reduced from
time to time pursuant to

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Section 2.08 and (b) increased from time to time pursuant to Section 2.19. The
initial amount of each Lender’s Global Revolving Commitment on the Restatement
Effective Date is set forth on Schedule 2.01 of this Agreement, or in the
Assignment and Assumption pursuant to which such Lender shall have assumed its
Global Revolving Commitment, as the case may be. The initial aggregate amount of
the Lenders’ Global Revolving Commitments on the Restatement Effective Date is
$1,500,000,000.
“Global Revolving Exposure” means, at any time, the sum of (a) the Dollar
Equivalent amount of the Global Revolving Loans outstanding at such time,
(b) the Global LC Exposure at such time and (c) the Global Swingline Exposure at
such time. The Global Revolving Exposure of any Lender at any time shall be its
Applicable Percentage of the Global Revolving Exposure at such time.
“Global Revolving Facility” means the Global Revolving Commitments and the
extension of credit made hereunder by the Global Revolving Lenders.
“Global Revolving Lender” means a Lender with a Global Revolving Commitment or,
if the Global Revolving Commitments have terminated or expired, a Lender with
Global Revolving Exposure.
“Global Revolving Loan” means a Loan made pursuant to Section 2.01(b)(i).
“Global Swingline Loan” means a Loan made pursuant to Section 2.04(a)(i).
“Global Swingline Exposure” means, at any time, the aggregate principal amount
of all Global Swingline Loans outstanding at such time. The Global Swingline
Exposure of any Global Revolving Lender at any time shall be its Applicable
Percentage of the total Global Swingline Exposure at such time.
“Governmental Authority” means the government of the United States of America,
any other nation or any political subdivision thereof, whether state or local,
and any agency, authority, instrumentality, regulatory body, court, central bank
or other entity exercising executive, legislative, judicial, taxing, regulatory
or administrative powers or functions of or pertaining to government and any
group or body charged with setting regulatory capital rules or standards
(including, without limitation, the Bank for International Settlements or the
Basel Committee on Banking Supervision or any successor or similar authority to
any of the foregoing).
“Guarantee” of or by any Person (the “guarantor”) means any obligation,
contingent or otherwise, of the guarantor guaranteeing or having the economic
effect of guaranteeing any Indebtedness or other monetary obligation of any
other Person (the “primary obligor”) in any manner, whether directly or
indirectly, and including any obligation of the guarantor, direct or indirect,
(a) to purchase or pay (or advance or supply funds for the purchase or payment
of) such Indebtedness or other monetary obligation or to purchase (or to advance
or supply funds for the purchase of) any security for the payment thereof,
(b) to purchase or lease property, securities or services for the purpose of
assuring the owner of such Indebtedness or other monetary obligation of the
payment thereof, (c) to maintain working capital, equity capital or any other
financial statement condition or liquidity of the primary obligor so as to
enable the primary obligor to pay such Indebtedness or other monetary obligation
or (d) as an account party in respect of any letter of credit or letter of
guaranty issued to support such Indebtedness or monetary obligation; provided
that the term Guarantee shall not include endorsements for collection or deposit
in the ordinary course of business. The amount of any Guarantee of any
guaranteeing person shall be deemed to be the lower of (a) an amount equal to
the stated or determinable amount of the primary obligation, or portion thereof,
in respect of which such Guarantee is made and (b) the maximum amount for which
such guaranteeing person may be liable pursuant to the terms of the instrument
embodying such Guarantee, unless such primary obligation or the maximum amount
for which such guaranteeing person may be liable are not stated or determinable,
in which case the amount of such Guarantee shall be such guaranteeing person’s
maximum reasonably anticipated liability in respect thereof as determined by the
Borrower Agent in good faith.
“Guarantors” means (i) Parent, (ii) each Borrower, (iii) any Permitted Parent
Holding Company that becomes the Parent Entity and (iv) each Restricted
Subsidiary of the Parent Entity that from time to time is party to the Guaranty
pursuant to Section 5.09 or otherwise.

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“Guaranty” means the Guaranty, dated as of the Restatement Effective Date and as
amended and supplemented from time to time, executed by each of the Guarantors
from time to time party thereto.
“Hazardous Materials” means all explosive or radioactive substances or wastes
and all hazardous or toxic substances, wastes or other pollutants, including
petroleum or petroleum distillates, asbestos or asbestos containing materials,
polychlorinated biphenyls, radon gas, infectious or medical wastes and all other
substances or wastes of any nature regulated as “hazardous” or “toxic,” or as a
“pollutant” or a “contaminant,” pursuant to any Environmental Law.
“HMRC” means Her Majesty’s Revenue and Customs in the United Kingdom.
“Increased Commitments” has the meaning assigned to such term in Section 2.19.
“Increasing Lender” has the meaning assigned to such term in Section 2.19.
“Incremental Term Loan” has the meaning assigned to such term in Section 2.19.
“Indebtedness” of any Person means, without duplication, (a) all obligations of
such Person for borrowed money, (b) all obligations of such Person evidenced by
bonds, debentures, notes or similar instruments, (c) all obligations of such
Person under conditional sale or other title retention agreements relating to
property acquired by such Person, (d) all obligations of such Person in respect
of the deferred purchase price of property or services (excluding accounts
payable incurred in the ordinary course of business, milestone payments incurred
in connection with any investment or series of related investments, any earn-out
obligation except to the extent such obligation is a liability on the balance
sheet of such Person in accordance with GAAP at the time initially incurred and
deferred or equity compensation arrangements payable to directors, officers or
employees), (e) all Indebtedness of others secured by (or for which the holder
of such Indebtedness has an existing right, contingent or otherwise, to be
secured by) any Lien on Property owned or acquired by such Person, whether or
not the Indebtedness secured thereby has been assumed, but limited to the fair
market value of such Property (except to the extent otherwise provided in this
definition), (f) all Guarantees by such Person of Indebtedness of others,
(g) all Capital Lease Obligations of such Person, (h) all obligations,
contingent or otherwise, of such Person as an account party in respect of
letters of credit and letters of guaranty, (i) all obligations, contingent or
otherwise, of such Person in respect of bankers’ acceptances, (j) all
obligations of such Person under any Swap Agreement and (k) all Attributable
Receivables Indebtedness. The Indebtedness of any Person shall include the
Indebtedness of any other entity (including any partnership in which such Person
is a general partner) to the extent such Person is liable therefor as a result
of such Person’s ownership interest in such entity, except to the extent the
terms of such Indebtedness expressly provide that such Person is not liable
therefor; provided that “Indebtedness” shall not include current intercompany
liabilities and advances incurred in the ordinary course of business.
“Indemnified Taxes” means all (a) Taxes, other than Excluded Taxes, imposed on
or with respect to any payment made by or on account of any obligation of any
Loan Party under any Loan Document and (b) to the extent not otherwise described
in (a), Other Taxes.
“Indemnitees” has the meaning set forth in Section 9.03(b).
“Index Debt” has the meaning set forth in the definition of “Corporate Ratings.”
“Information” has the meaning specified in Section 9.12.
“Interest Election Request” means a request by the applicable Borrower to
convert or continue a Revolving Borrowing in accordance with Section 2.07.
“Interest Payment Date” means (a) with respect to any ABR Loan (other than a
Swingline Loan) or Canadian Prime Rate Loans, the Restatement Effective Date,
the last day of each March, June, September and December, (b) with respect to
any Eurocurrency Loan, the Restatement Effective Date and the last day of the

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Interest Period applicable to the Borrowing of which such Loan is a part and, in
the case of a Eurocurrency Borrowing with an Interest Period of more than three
months’ duration, each day prior to the last day of such Interest Period that
occurs at intervals of three months’ duration after the first day of such
Interest Period and (c) with respect to any Swingline Loan, the day that such
Loan is required to be repaid.
“Interest Period” means, with respect to any Eurocurrency Borrowing, the period
commencing on the date of such Borrowing and ending on the numerically
corresponding day in the calendar month that is one, two, three or six months,
or any other period as may be agreed to by the Administrative Agent and all
applicable Lenders, thereafter, as the applicable Borrower may elect; provided
that (i) if any Interest Period would end on a day other than a Business Day,
such Interest Period shall be extended to the next succeeding Business Day
unless, in the case of a Eurocurrency Borrowing only, such next succeeding
Business Day would fall in the next calendar month, in which case such Interest
Period shall end on the next preceding Business Day, (ii) any Interest Period
pertaining to a Eurocurrency Borrowing that commences on the last Business Day
of a calendar month (or on a day for which there is no numerically corresponding
day in the last calendar month of such Interest Period) shall end on the last
Business Day of the last calendar month of such Interest Period and (iii) only
interest periods of one month (or any other period agreed to by all applicable
Lenders and the Administrative Agent) will be available for Borrowings in
Mexican Pesos. For purposes hereof, the date of a Borrowing initially shall be
the date on which such Borrowing is made and, in the case of a Revolving
Borrowing, thereafter shall be the effective date of the most recent conversion
or continuation of such Borrowing.
“Interpolated Rate” means, at any time, for any Interest Period, the rate per
annum (rounded to the same number of decimal places as the LIBO Screen Rate)
determined by the Administrative Agent (which determination shall be conclusive
and binding absent manifest error) to be equal to the rate that results from
interpolating on a linear basis between: (a) the LIBO Screen Rate for the
longest period for which the LIBO Screen Rate is available for the applicable
currency) that is shorter than the Impacted Interest Period; and (b) the LIBO
Screen Rate for the shortest period (for which that LIBO Screen Rate is
available for the applicable currency) that exceeds the Impacted Interest
Period, in each case, at such time.
“Ireland” means Ireland exclusive of Northern Ireland.
“Irish Borrower” means a Borrower resident for tax purpose in Ireland.
“Irish Qualifying Lender” means a Lender which is beneficially entitled to all
payments made to it and which at the time the payment is made is:
(i)    a bank within the meaning of Section 246 of the TCA which is carrying on
a bona fide banking business in Ireland for the purposes of Section 246(3) of
the TCA; or

(ii)    a body corporate which is resident for tax purposes in a Relevant
Territory (for these purposes residence is determined under the tax laws of the
Relevant Territory) and either (i) that Relevant Territory imposes a tax that
generally applies to interest receivable in that jurisdiction by companies from
sources outside that jurisdiction; or (ii) the interest is exempted from Irish
income tax pursuant to the terms of a tax treaty that is in force on the date
the relevant interest is paid (or would be so exempted if such Treaty, which had
been signed on or before that date, had the force of law by virtue of Section
826(1) of the TCA); provided in each case that such body corporate does not have
its applicable lending office in Ireland and does not carry on a trade through
an Irish branch with which the interest is connected; or

(iii)     a company incorporated in the United States that is subject to tax in
the United States on its worldwide income; provided that such corporation does
not have its applicable lending office located in Ireland and does not carry on
a trade through an Irish branch which the interest is connected; or

(iv)    a limited liability company organized in the United States, the ultimate
recipients of the interest payable to it are Irish Qualifying Lenders within
paragraph (ii) or(iii) of this definition and the business conducted through
such limited liability company is so structured for market reasons and not for
tax avoidance

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purposes; provided that such limited liability company does not have its
applicable lending office located in Ireland and the ultimate recipients of the
interest do not carry on a trade through an Irish branch which the interest is
connected;

(v)    a qualifying company within the meaning of Section 110 of the TCA; or

(vi)    a body corporate:

(A)
which advances money in the ordinary course of a trade which includes the
lending of money;

(B)
in whose hands any interest payable in respect of monies so advanced is taken
into account in computing the trading income of such body corporate; and

(C)
which has made the appropriate notifications under Section 246(5)(a) of the TCA;

(vii)    an Irish Treaty Lender; or

(viii)    an investment undertaking within the meaning of section 739B of the
TCA.

“Irish Treaty Lender” means, in respect of an Irish Borrower, a Lender which:

(a)    is treated as a resident of an Irish Treaty State for the purposes of the
Irish Treaty; and

(b)    does not carry on a business in Ireland through a permanent establishment
with which that Lender’s participation in the Loan is effectively connected.

“Irish Treaty State” means a jurisdiction having a tax treaty with Ireland (an
“Irish Treaty”) which makes provision for full exemption from tax imposed by
Ireland on interest, subject to the completion of procedural formalities.
“Issuing Bank” means each Person party hereto with an LC Commitment and each
other Person that becomes an Issuing Bank in accordance with Section 2.05(i), in
each case in its capacity as an issuer of Letters of Credit hereunder, and any
successors in such capacity as provided in Section 2.05(i).
“ITA” means the Income Tax Act 2007 of the United Kingdom.
“JPMCB” shall mean JPMorgan Chase Bank, N.A. in its individual capacity.
“Laws” means, collectively, all international, foreign, Federal, state and local
statutes, treaties, rules, guidelines, regulations, ordinances, codes and
administrative or judicial precedents or authorities.
“LC Commitment” means, with respect to each Issuing Bank, the commitment, if
any, of such Issuing Bank to issue Letters of Credit under the Revolving
Facility indicated on Schedule 2.01, as such commitment may be reduced or
increased from time to time pursuant to Section 2.05(i). The initial amount of
each Issuing Bank’s LC Commitment is set forth on Schedule 2.01 of this
Agreement, or shall be set forth in the assignment or joinder documentation
pursuant to which such Issuing Bank shall have assumed its LC Commitment, as the
case may be. The initial aggregate amount of the Issuing Banks’ LC Commitments
on the Restatement Effective Date is equal to the LC Exposure Sublimit.
“LC Disbursement” means a payment made by an Issuing Bank pursuant to a Letter
of Credit. The amount of any LC Disbursement made by an Issuing Bank in an
Alternative Currency and not reimbursed by the applicable Borrower shall be
determined as set forth in paragraph (e) of Section 2.05.

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“LC Exposure” means, at any time, the sum of the aggregate Global LC Exposures
and the aggregate U.S. LC Exposures. The LC Exposure of any Revolving Lender at
any time shall be the sum of its Global LC Exposure and its U.S. LC Exposure at
such time.
“LC Exposure Sublimit” means $200,000,000.
“Lender Participation Notice” has the meaning provided in Section 2.10(d)(iii).
“Lenders” means the Persons listed on Schedule 2.01 to this Agreement and any
other Person that shall have become a Lender hereunder pursuant to Section 2.19
or pursuant to an Assignment and Assumption, other than any such Person that
ceases to be a party hereto pursuant to an Assignment and Assumption. Unless the
context otherwise requires, the term “Lenders” includes the Swingline Lender.
“Letter of Credit” means any letter of credit issued or deemed issued pursuant
to this Agreement.
“LIBO Rate” means:
(i)    with respect to any Eurocurrency Borrowing for any applicable currency
(other than Mexican Pesos) for any Interest Period, the London interbank offered
rate as administered by ICE Benchmark Administration (or any other Person that
takes over the administration of such rate) (the “LIBO Screen Rate”) for the
relevant currency for a period equal in length to such Interest Period as
displayed on pages LIBOR01 or LIBOR02 of the Reuters screen that displays such
rate (or, in the event such rate does not appear on a Reuters page or screen, on
any successor or substitute page on such screen that displays such rate, or on
the appropriate page of such other information service that publishes such rate
from time to time as selected by the Administrative Agent in its reasonable
discretion at approximately 11:00 a.m., London time, on the Quotation Date;
provided that if the LIBO Screen Rate for any currency shall be less than zero,
such rate shall be deemed to be zero for the purposes of this Agreement;
provided further that if the LIBO Screen Rate shall not be available at such
time for such Interest Period (an “Impacted Interest Period”) with respect to
the applicable currency then the LIBO Rate for such currency shall be the
Interpolated Rate; provided that if any Interpolated Rate shall be less than
zero, such rate shall be deemed to be zero for purposes of this Agreement; and
(ii)    for any Interest Period with respect to any Eurocurrency Borrowing in
Mexican Pesos, the rate per annum equal to the Equilibrium Interbank Interest
Rate for a twenty-eight (28) day period (Tasa de Interes Interbancaria de
Equilibrio a plazo de 28 dias, or the “TIIE Rate”), as published by Banco de
México in the Official Daily of the Federation (Diario Oficial de la Federacion)
of Mexico on the Quotation Date, which rate shall be determined by the
Administrative Agent. If the TIIE Rate is not available at such time, then the
rate pursuant to this clause (b) for the applicable Interest Period shall be the
rate per annum determined by the Administrative Agent to be any other similar
rate published by Banco de México which Lenders are authorized to use pursuant
to applicable Law. The rate set forth in this clause (ii) shall be determined by
the Administrative Agent in good faith after taking into consideration the
general market conditions for transactions of the type evidenced by this
Agreement and the other Loan Documents and the particular conditions of the
Lenders from time to time and consistent with its determination of the rate
described in this clause (ii) with respect to other credit facilities; provided
that, in the event the rate determined pursuant to this clause (ii) for any
Interest Period would be less than zero, such rate shall be deemed to be zero.
“LIBO Screen Rate” has the meaning assigned to it in the definition of “LIBO
Rate.”
“Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien,
pledge, hypothecation, encumbrance, charge or security interest in, on or of
such asset, and (b) the interest of a vendor or a lessor under any conditional
sale agreement or title retention agreement (or any capital lease having
substantially the same economic effect as any of the foregoing) relating to such
asset.

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“Loan Documents” means this Agreement, the Guaranty, any promissory notes
executed and delivered pursuant to Section 2.09(f) and any amendments, waivers,
supplements or other modifications to any of the foregoing.
“Loan Parties” means, collectively, the Borrowers and the Guarantors.
“Loans” means the loans made by the Lenders to the Borrowers pursuant to this
Agreement.
“Local Time” means (a) local time in New York City, with respect to the times
for (i) the determination of “Dollar Equivalent”; (ii) the receipt and sending
of notices by and to, and the disbursement by or payment to, the Administrative
Agent, any Lender or any Issuing Bank domiciled in the U.S.; (b) local time in
Toronto, Canada, with respect to the time for the receipt and sending of notices
by and to, and the disbursement by or payment to, the Administrative Agent, any
Global Revolving Lender with respect to Global Revolving Loans denominated in
Canadian Dollars or any Issuing Bank issuing Global Revolving Letters of Credit
denominated in Canadian Dollars; (c) local time in London, England, with respect
to the times for the determination of “LIBO Rate” and with respect to the
receipt and sending of disbursements or payments in Sterling or Euro; (d) local
time in Mexico City, Mexico, with respect to the times for the determination of
“LIBO Rate” and with respect to the receipt and sending of disbursements or
payments in Mexican Pesos; (e) local time at the place of determination, if such
local time as of such place for determination is specified herein; and (f) in
all other circumstances, New York, New York time.
“Luxembourg” means the Grand Duchy of Luxembourg.
“Material Adverse Effect” means a material adverse effect on (a) the business,
assets, property or financial condition of the Parent Entity and the Restricted
Subsidiaries taken as a whole or (b) the validity or enforceability of this
Agreement or any and all other Loan Documents or the rights and remedies of the
Administrative Agent and the Lenders thereunder.
“Material Indebtedness” means Indebtedness (other than the Loans and Letters of
Credit), or obligations in respect of one or more Swap Agreements, of any one or
more of the Parent Entity and its Restricted Subsidiaries in an aggregate
principal amount exceeding $200,000,000. For purposes of determining Material
Indebtedness, the “principal amount” of the obligations of the Parent Entity or
any Restricted Subsidiary in respect of any Swap Agreement at any time shall be
the maximum aggregate amount (giving effect to any netting agreements) that the
Parent Entity or such Restricted Subsidiary would be required to pay if such
Swap Agreement were terminated at such time.
“Material Subsidiary” means any Restricted Subsidiary (or group of Restricted
Subsidiaries as to which a specified condition applies) that would be a
“significant subsidiary” under Rule 1-02(w) of Regulation S-X.
“Maximum Rate” has the meaning assigned to such term in Section 9.14.
“Mexican Pesos” and “₱” refer to lawful currency of the United Mexican States.
“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto.
“Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3)
of ERISA.
“Net Cash Proceeds” means, with respect to the incurrence or issuance of any
Indebtedness by the Parent Entity or any Restricted Subsidiary, an amount equal
to (a) the sum of the cash received in connection with such incurrence or
issuance less (b) the attorneys’ fees, investment banking fees, accountants’
fees, underwriting or other discounts, commissions, costs and other fees,
transfer and similar taxes and other out-of-pocket expenses actually incurred by
the Parent Entity or such Restricted Subsidiary in connection with such
incurrence or issuance.

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“Non BA Lender” means a Global Revolving Lender that cannot or does not as a
matter of policy accept bankers’ acceptances.
“Non-Consenting Lender” has the meaning assigned to such term in
Section 2.18(b).
“Non-Extending Lender” has the meaning provided in Section 2.20.
“NYFRB” means the Federal Reserve Bank of New York.
“NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective
Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on
such day(or for any day that is not a Banking Day, for the immediately preceding
Banking Day); provided that if none of such rates are published for any day that
is a Business Day, the term “NYFRB Rate” means the rate for a federal funds
transaction quoted at 11:00 a.m. on such day received to the Administrative
Agent from a Federal funds broker of recognized standing selected by it;
provided, further, that if any of the aforesaid rates shall be less than zero,
such rate shall be deemed to be zero for purposes of this Agreement.
“Obligations” means all indebtedness (including interest accruing during the
pendency of any bankruptcy, insolvency, receivership or other similar
proceeding, regardless of whether allowed or allowable in such proceeding) and
other monetary obligations of any of the Parent Entity and its Restricted
Subsidiaries to any of the Lenders, their Affiliates and the Administrative
Agent, individually or collectively (direct or indirect, joint or several,
absolute or contingent, matured or unmatured, liquidated or unliquidated,
secured or unsecured), arising or incurred under this Agreement or any of the
other Loan Documents (including under any of the Loans made or reimbursement or
other monetary obligations incurred or any of the Letters of Credit or other
instruments at any time evidencing any thereof), in each case whether now
existing or hereafter arising, whether all such obligations arise or accrue
before or after the commencement of any bankruptcy, insolvency or receivership
proceedings (and whether or not such claims, interest, costs, expenses or fees
are allowed or allowable in any such proceeding).
“Original Credit Agreement” has the meaning assigned to such term in the
recitals hereto.
“Original Revolving Commitments” shall mean all “Revolving Commitments”
outstanding under the Original Credit Agreement immediately prior to the
Restatement Effective Date.
“Original Revolving Loans” shall mean all “Revolving Loans” outstanding under
the Original Credit Agreement immediately prior to the Restatement Effective
Date.
“Original Tranche A Term Loans” shall mean all “Tranche A Term Loans”
outstanding under the Original Credit Agreement immediately prior to the
Restatement Effective Date.
“Other Taxes” means any and all present or future stamp or documentary Taxes or
any other excise or property Taxes arising from any payment made under any Loan
Document or from the execution, delivery or enforcement of, or otherwise with
respect to, this Agreement or any other Loan Document, excluding (i) any
Luxembourg registration duties (droits d’enregistrement) payable as a result of
a voluntary registration of a Loan Document or of any document in connection
with a Loan Document with the Administration de l’Enregistrement et des Domaines
in Luxembourg where such registration is not required to maintain, preserve, or
enforce the rights of a Lender under such document and (ii) any such Tax imposed
as a result of an assignment (other than an assignment made at the request of a
Borrower pursuant to Section 2.18) by a Lender (an “Assignment Tax”), if such
Assignment Tax is imposed as a result of the assignor or assignee being
organized in or having its principal office or applicable lending office in the
taxing jurisdiction, or as a result of any other present or former connection
between the assignor or assignee and the taxing jurisdiction, other than a
connection arising from having executed, delivered, become a party to, performed
its obligations under, received payments under, received or perfected a security
interest under, engaged in any other transaction pursuant to, or enforced, any
Loan Documents.

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“Overnight Bank Funding Rate” means, for any day, the rate comprised of both
overnight federal funds and overnight Eurodollar borrowings by U.S.-managed
banking offices of depository institutions, as such composite rate shall be
determined by the NYFRB as set forth on its public website from time to time,
and published on the next succeeding Business Day by the NYFRB as an overnight
bank funding rate (from and after such date as the NYFRB shall commence to
publish such composite rate).
“Parent” has the meaning set forth in the preamble to this Agreement.
“Parent Entity” means Parent, or following the assumption of Parent’s
obligations hereunder by a Permitted Parent Holding Company pursuant to a
supplement in form reasonably satisfactory to the Administrative Agent and such
Permitted Parent Holding Company having become a Guarantor, such Permitted
Parent Holding Company (it being understood that Parent shall not be released as
a Guarantor in connection with any such assumption unless otherwise expressly
permitted hereunder); provided that in connection with the substitution of a
Permitted Parent Holding Company as the Parent Entity the Borrower Agent shall
have (A) given the Administrative Agent and the Lenders at least ten Business
Days (or such lesser period as may be agreed by the Administrative Agent) prior
notice (such notice to contain the name, primary business address and taxpayer
identification number of such Permitted Parent Holding Company), (B) delivered
to the Administrative Agent corporate or other applicable resolutions, other
corporate or other applicable documents, certificates and legal opinions in
respect of such Permitted Parent Holding Company reasonably equivalent to
comparable documents delivered on the Restatement Effective Date and
(C) delivered to the Administrative Agent any documentation or other information
reasonably requested by the Administrative Agent and necessary to satisfy
obligations of the Lenders described in Section 9.13 or any applicable “know
your customer” or other anti-money laundering Laws.
“Participant” has the meaning set forth in Section 9.04(c).
“Participant Register” has the meaning set forth in Section 9.04(c)(ii).
“PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in
ERISA and any successor entity performing similar functions.
“Permitted Encumbrances” means:
(a)    Liens imposed by law for Taxes, assessments or other governmental charges
that (i) are not yet due and payable or (ii) are being contested in compliance
with Section 5.04;
(b)    carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s,
landlords’, workmen’s, suppliers’ and other like Liens imposed by law, arising
in the ordinary course of business and securing obligations that are not overdue
by more than sixty (60) days or are being contested in compliance with
Section 5.04;
(c)    Liens, pledges and deposits made in the ordinary course of business in
compliance with workers’ compensation, unemployment insurance and other social
security laws or regulations (including to support letters of credit or bank
guarantees) and (ii) Liens, pledges or deposits in the ordinary course of
business securing liability for premiums or reimbursement or indemnification
obligations of (including obligations in respect of letters of credit or bank
guarantees for the benefit of) insurance carriers providing insurance to the
Parent Entity or any Restricted Subsidiary;
(d)    Liens or deposits to secure the performance of bids, trade contracts,
governmental contracts, tenders, statutory bonds, leases, statutory obligations,
surety, stay, customs, appeal and replevin bonds, performance bonds and other
obligations of a like nature (including those to secure health, safety and
environmental obligations), in each case in the ordinary course of business;
(e)    Liens in respect of judgments, decrees, attachments or awards that do not
constitute an Event of Default under clause (k) of Article VII;

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(f)    easements, restrictions (including zoning restrictions), rights-of-way,
covenants, licenses, encroachments, oil and gas leases, protrusions and similar
encumbrances and minor title defects affecting real property imposed by law or
arising in the ordinary course of business that do not secure any monetary
obligations and do not materially interfere with the ordinary conduct of
business of the Parent Entity or any Restricted Subsidiary; and
(g)    any interest or title of a lessor, sublessor, licensor or sublicensor
under any lease, sublease, license or sublicense entered into by the Parent
Entity or any other Restricted Subsidiary in the ordinary course of its business
and covering only the assets so leased;
provided that the term “Permitted Encumbrances” shall not include any Lien
securing Indebtedness.
“Permitted Foreign Borrower Jurisdictions” means, with respect to the Global
Revolving Facility (x) the United Kingdom, Jersey, Ireland, Luxembourg and the
Netherlands and (y) each other jurisdiction approved by the Administrative Agent
and the Lenders under the applicable Facility, such approval not to be
unreasonably withheld or delayed; provided that (i) if a Borrower is added under
the Global Revolving Facility in reliance on clause (y), any Global Revolving
Lender may upon prompt written notice to the Borrower Agent and the
Administrative Agent following the Borrower Agent’s notice of its intent to add
such Borrower, elect to have its Global Revolving Commitment converted to a U.S.
Revolving Commitment to the extent that such Global Revolving Lender certifies
that it would be unable to lend under this Agreement to a Borrower organized in
such jurisdiction in accordance with its internal policies or without it, or its
direct or indirect holding company, being subjected to additional costs or
withholding that it would not be fully compensated for hereunder and (ii) in
connection with the addition of any Borrower pursuant to clause (y), without any
further consent of any Lender (but with prior written notice to the Lenders),
the Administrative Agent and the Borrowers may enter into an amendment to this
Agreement and any other Loan Documents to include applicable local law
provisions (including with respect to the Tax gross-up provisions) as are
mutually agreed to be customary for facilities similar to this Agreement with
borrowers that are organized in such jurisdictions.
“Permitted Parent Borrower Release” means the release of Parent as a Borrower
hereunder (but not as a Guarantor under the Guaranty) which shall be permitted
at any time (i) no Event of Default has occurred and is continuing, (ii) Parent
does not have outstanding any Loans or Letters of Credit under this Agreement
and (iii) a Responsible Officer of Parent delivers a certificate to the
Administrative Agent stating that Parent is reorganizing to a Permitted Parent
Guarantor Jurisdiction (or will cease to be the Parent Entity as contemplated by
the definition thereof) and is requesting to be released as a “Borrower”
hereunder in connection therewith.
“Permitted Parent Guarantor Jurisdictions” means the United Kingdom, a member of
the European Union (as in effect on the Restatement Effective Date), Ireland,
Bermuda, the Cayman Islands, the Channel Islands (including Jersey), Luxembourg,
the Netherlands, Singapore or Switzerland; provided that the Borrower Agent
shall have consulted with the Administrative Agent with respect to the transfer
of Parent’s jurisdiction of organization to such jurisdiction prior to Parent
reorganizing to such jurisdiction or prior to a Permitted Parent Holding Company
becoming the Parent Entity hereunder and shall have delivered a certificate of a
Responsible Officer to the Administrative Agent stating that the transfer of
Parent’s jurisdiction of organization to such jurisdiction or such Permitted
Parent Holding Company being organized in such jurisdiction is not adverse, in
any material respect, to the value to the Lenders of Parent’s obligations under
the Guaranty or will not result in such Permitted Parent Holding Company’s
obligations under the Guaranty and this Agreement being limited in a manner
materially adverse to the Lenders compared to the obligations of Parent under
the Guaranty as in effect on the Restatement Effective Date, as the case may be.
“Permitted Parent Holding Company” means a newly organized entity to which 100%
of the outstanding Equity Interests of Parent (other than nominal interests
directly or indirectly held by directors, officers and Affiliates of Parent) are
transferred or exchanged, so long as, immediately following such transfer or
exchange, the holders of the Equity Interests of Parent (other than nominal
interests directly or indirectly held by directors, officers and Affiliates of
Parent) hold Equity Interests in such Permitted Parent Holding Company in the
same

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proportions and with the same respective percentages of the voting rights as
they held in Parent immediately prior to such transfer.
“Permitted Priority Debt Amount” means, as of any date of determination, an
amount equal to 12.5% of Consolidated Total Assets as of the most recently ended
fiscal quarter of the Parent Entity for which financial statements have been
delivered pursuant to Section 5.01(a) or (b).
“Permitted Receivables Facility” means the receivables facility or facilities
created under the Permitted Receivables Facility Documents, providing for
(a) the factoring, sale or pledge by one or more Receivables Sellers of
Permitted Receivables Facility Assets (thereby providing financing to the Parent
Entity and the Receivables Sellers) to the Receivables Entity (either directly
or through another Receivables Seller), which in turn shall sell or pledge
interests in the respective Permitted Receivables Facility Assets to third-party
lenders or investors pursuant to the Permitted Receivables Facility Documents
(with the Receivables Entity permitted to issue investor certificates, purchased
interest certificates or other similar documentation evidencing interests in the
Permitted Receivables Facility Assets) in return for the cash used by the
Receivables Entity to purchase the Permitted Receivables Facility Assets from
the respective Receivables Sellers or (b) the factoring, sale or pledge by one
or more Receivables Sellers of Permitted Receivables Facility Assets to
third-party lenders or investors pursuant to the Permitted Receivables Facility
Documents in connection with Receivables-backed financing programs of Foreign
Subsidiaries, in each case as more fully set forth in the Permitted Receivables
Facility Documents.
“Permitted Receivables Facility Assets” means (i) Receivables (whether now
existing or arising in the future) of Subsidiaries which are transferred or
pledged to the Receivables Entity pursuant to the Permitted Receivables Facility
and any related Permitted Receivables Related Assets which are also so
transferred or pledged to the Receivables Entity and all proceeds thereof and
(ii) loans to Subsidiaries secured by Receivables (whether now existing or
arising in the future) of Subsidiaries which are made pursuant to the Permitted
Receivables Facility.
“Permitted Receivables Facility Documents” means each of the documents and
agreements entered into in connection with the Permitted Receivables Facility,
including all documents and agreements relating to the issuance, funding and/or
purchase of certificates and purchased interests, all of which documents and
agreements shall be in form and substance reasonably customary for transactions
of this type, in each case as such documents and agreements may be amended,
modified, supplemented, refinanced or replaced from time to time so long as (in
the good faith determination of Borrower Agent) either (i) the terms as so
amended, modified, supplemented, refinanced or replaced are reasonably customary
for transactions of this type or (ii)(x) any such amendments, modifications,
supplements, refinancings or replacements do not impose any conditions or
requirements on the Parent Entity or any of its Restricted Subsidiaries that are
more restrictive in any material respect than those in existence immediately
prior to any such amendment, modification, supplement, refinancing or
replacement, and (y) any such amendments, modifications, supplements,
refinancings or replacements are not adverse in any material respect to the
interests of the Lenders.
“Permitted Receivables Related Assets” means any other assets that are
customarily transferred or in respect of which security interests are
customarily granted in connection with asset securitization or
Receivables-backed financing programs involving accounts receivable and any
collections or proceeds of any of the foregoing.
“Permitted Refinancing Indebtedness” means, with respect to any Person, any
modification, refinancing, refunding, renewal, replacement or extension of any
Indebtedness of such Person; provided that (a) the principal amount (or accreted
value, if applicable) thereof does not exceed the principal amount (or accreted
value, if applicable) of the Indebtedness so modified, refinanced, refunded,
renewed, replaced or extended except by an amount equal to unpaid accrued
interest and premium thereon plus other reasonable amounts paid, and fees and
expenses reasonably incurred, in connection with such modification, refinancing,
refunding, renewal or extension and (b) to the extent such Indebtedness being
modified, refinanced, refunded, renewed or extended is subordinated in right of
payment to the Obligations, such modification, refinancing, refunding, renewal
or extension is subordinated in right of payment to the Obligations on terms at
least as favorable to the Lenders (in the good faith determination of Borrower
Agent) as those contained in the documentation governing the Indebtedness being
modified, refinanced, refunded, renewed or extended. For the avoidance of doubt
Permitted Refinancing

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Indebtedness outstanding under Section 6.01(q)(ii) and any Liens outstanding
under Section 6.02(r)(ii) will be deemed to be utilization under
Section 6.01(q)(i) and Section 6.02(r)(i), respectively).
“Person” means any natural person, corporation, limited liability company,
trust, joint venture, association, company, partnership, Governmental Authority
or other entity.
“Plan” means any employee pension benefit plan (other than a Multiemployer Plan)
subject to the provisions of Title IV of ERISA or Section 412 of the Code or
Section 302 of ERISA, and in respect of which the Parent Entity or any ERISA
Affiliate is (or, if such plan were terminated, would under Section 4069 of
ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.
“Post-Acquisition Period” means, with respect to any acquisition or investment
described in the definition of “Specified Transaction,” the period beginning on
the date such acquisition or investment is consummated and ending on the
one-year anniversary of the date on which such acquisition or investment is
consummated.
“Prime Rate” means the rate of interest per annum publicly announced from time
to time by JPMCB as its prime rate in effect at its principal office in New York
City; each change in the Prime Rate shall be effective from and including the
date such change is publicly announced as being effective.
“Pro Forma Adjustment” means, for any applicable period of measurement that
includes all or any part of a fiscal quarter included in the Post-Acquisition
Period, with respect to the Consolidated EBITDA of the applicable Acquired
Entity or Business or the Consolidated EBITDA of the Parent Entity, the pro
forma increase or decrease in such Consolidated EBITDA that is (i) consistent
with Regulation S-X or (ii) projected by the Parent Entity in good faith as a
result of (a) actions that have been taken during such Post-Acquisition Period
for the purposes of realizing reasonably identifiable and factually supportable
cost savings or cost synergies or (b) any additional costs incurred during such
Post-Acquisition Period, in each case in connection with the combination of the
operations of such Acquired Entity or Business with the operations of the Parent
Entity and its Restricted Subsidiaries and, in each case, which are expected to
have a continuing impact on the consolidated financial results of the Parent
Entity, calculated assuming that such actions had been taken on, or such costs
had been incurred since, the first day of such period; provided that any such
pro forma increase or decrease to such Consolidated EBITDA shall be without
duplication for cost savings or additional costs already included in such
Consolidated EBITDA for such period of measurement.
“Pro Forma Basis” means with respect to compliance with any test or covenant
hereunder, that (A) to the extent applicable, the Pro Forma Adjustment shall
have been made and (B) all Specified Transactions and the following transactions
in connection therewith shall be deemed to have occurred as of the first day of
the applicable period of measurement in such test or covenant: (a) income
statement items (whether positive or negative) attributable to the Property or
Person subject to such Specified Transaction, (i) in the case of a Disposition
described in the definition of “Specified Transaction,” shall be excluded, and
(ii) in the case of an acquisition or investment described in the definition of
“Specified Transaction,” shall be included, (b) any retirement of Indebtedness
and (c) any Indebtedness incurred or assumed by the Parent Entity or any of the
Restricted Subsidiaries in connection therewith and if such Indebtedness has a
floating or formula rate, shall have an implied rate of interest for the
applicable period for purposes of this definition determined by utilizing the
rate which is or would be in effect with respect to such Indebtedness as at the
relevant date of determination.
“Property” means any right or interest in or to property of any kind whatsoever,
whether real, personal or mixed and whether tangible or intangible, including,
without limitation, Equity Interests.
“Qualifying Lender” has the meaning provided in Section 2.10(c)(iv).
“Qualifying Loans” has the meaning provided in Section 2.10(c)(iv).

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“Quotation Day” means, in respect of the determination of the Adjusted LIBO Rate
for any Interest Period for a Eurocurrency Loan (a) in Sterling or Mexican
Pesos, the day that is the first Business Day of such Interest Period, (b) in
Euro, the day that is two TARGET Days prior the first day of such Interest
Period and (c) in Dollars, the day that is two Business Days prior to the first
day of such Interest Period.
“Rating Agencies” means Moody’s and S&P or if Moody’s or S&P or both shall not
make a credit rating on the Index Debt, a nationally recognized statistical
rating agency or agencies, as the case may be, selected by the Borrower Agent
and reasonably satisfactory to the Administrative Agent which shall be
substituted for Moody’s or S&P or both, as the case may be.
“Receivables” means all accounts receivable (including, without limitation, all
rights to payment created by or arising from sales of goods, leases of goods or
the rendition of services rendered no matter how evidenced whether or not earned
by performance).
“Receivables Entity” means a wholly owned Subsidiary of the Parent Entity which
engages in no activities other than in connection with the financing of accounts
receivable of the Receivables Sellers and which is designated (as provided
below) as the “Receivables Entity” (a) no portion of the Indebtedness or any
other obligations (contingent or otherwise) of which (i) is guaranteed by the
Parent Entity or any other Restricted Subsidiary of the Parent Entity (excluding
guarantees of obligations (other than the principal of, and interest on,
Indebtedness)) pursuant to Standard Securitization Undertakings, (ii) is
recourse to or obligates the Parent Entity or any other Restricted Subsidiary of
the Parent Entity in any way (other than pursuant to Standard Securitization
Undertakings) or (iii) subjects any property or asset of the Parent Entity or
any other Restricted Subsidiary of the Parent Entity, directly or indirectly,
contingently or otherwise, to the satisfaction thereof, other than pursuant to
Standard Securitization Undertakings, (b) with which neither the Parent Entity
nor any of its Restricted Subsidiaries has any contract, agreement, arrangement
or understanding (other than pursuant to the Permitted Receivables Facility
Documents (including with respect to fees payable in the ordinary course of
business in connection with the servicing of accounts receivable and related
assets)) on terms less favorable to the Parent Entity or such Restricted
Subsidiary than those that might be obtained at the time from persons that are
not Affiliates of the Parent Entity, and (c) to which neither the Parent Entity
nor any other Restricted Subsidiary of the Parent Entity has any obligation to
maintain or preserve such entity’s financial condition or cause such entity to
achieve certain levels of operating results. Any such designation shall be
evidenced to the Administrative Agent by a certificate of a Responsible Officer
of the Borrower Agent certifying that, to the best of such officer’s knowledge
and belief after consultation with counsel, such designation complied with the
foregoing conditions.
“Receivables Sellers” means Subsidiaries (other than Receivables Entities) that
are from time to time party to the Permitted Receivables Facility Documents.
“Register” has the meaning set forth in Section 9.04.
“Regulation S-X” means Regulation S-X under the Securities Act of 1933, as
amended.
“Related Parties” means, with respect to any specified Person, such Person’s
Affiliates and the respective directors, officers, employees, agents and
advisors of such Person.
“Relevant Territory” means:
(i)    a member state of the European Communities (other than Ireland); or
(ii)    to the extent not a member state of the European Communities, a
jurisdiction with which Ireland has entered into a tax treaty that either has
force of law by virtue of Section 826(1) of the TCA or which will have the force
of law on completion of the procedures set out in Section 826(1) of the TCA.

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“Required Facility Lenders” means, with respect to any Facility, at any time,
Lenders having Credit Exposure and unused Commitments in respect of such
Facility representing more than 50% of the sum of the total Credit Exposure and
unused Commitments in respect of such Facility at such time.
“Required Lenders” means, at any time, Lenders having Credit Exposure and unused
Commitments representing more than 50% of the sum of the total Credit Exposure
and unused Commitments at such time.
“Required Revolving Lenders” means, at any time, Lenders having Revolving
Exposures and unused Revolving Commitments representing more than 50% of the sum
of the total Revolving Exposures and unused Revolving Commitments at such time.
“Responsible Officer” of any Person shall mean any executive officer or
financial officer of such Person and any other officer or similar official
thereof with responsibility for the administration of the obligations of such
Person in respect of this Agreement.
“Restatement Agreement” means the Restatement Agreement, dated as of August 17,
2016, by and among the Credit Agreement Parties, the Administrative Agent and
certain Lenders and other parties thereto.
“Restatement Effective Date” means the date on which each of the conditions set
forth in Section 4.01 has been satisfied.
“Restricted Subsidiary” means any Subsidiary of the Parent Entity other than an
Unrestricted Subsidiary.
“Revolving Commitment” means a Global Revolving Commitment and/or a U.S.
Revolving Commitment, as the context requires.
“Revolving Credit Maturity Date” means August 17, 2021.
“Revolving Exposure” means the Global Revolving Exposure and/or the U.S.
Revolving Exposure, as applicable.
“Revolving Facilities” meant the Global Revolving Facility and the U.S.
Revolving Facility collectively and “Revolving Facility” shall refer to either
one of them as the context requires.
“Revolving Lender” means a Global Revolving Lender or a U.S. Revolving Lender.
“Revolving Loan” means a Global Revolving Loan or a U.S. Revolving Loan.
“S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill
Companies, Inc., and any successor thereto.
“Sale and Leaseback Transaction” means an arrangement relating to property,
plant or equipment now owned or hereafter acquired by the Parent Entity or a
Restricted Subsidiary whereby the Parent Entity or a Restricted Subsidiary
transfers such property to a Person and the Parent Entity or such Restricted
Subsidiary leases it from such Person, other than (i) leases between the Parent
Entity and a Restricted Subsidiary or between Restricted Subsidiaries or
(ii) any such transaction entered into with respect to any property, plant or
equipment or any improvements thereto at the time of, or within 180 days after,
the acquisition or completion of construction of such property, plant or
equipment or such improvements (or, if later, the commencement of commercial
operation of any such property, plant or equipment), as the case may be, to
finance the cost of such property, plant or equipment or such improvements, as
the case may be.

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“Sanctioned Country” means, at any time, a country, region or territory which is
itself the subject or target of any Sanctions that broadly prohibit dealings
with that country, region or territory (as of the Restatement Effective Date,
Cuba, Iran, North Korea, Sudan, Syria and Crimea).
“Sanctioned Person” means, at any time, (a) any Person listed in any
Sanctions-related list of designated Persons maintained by the Office of Foreign
Assets Control of the U.S. Department of the Treasury, the U.S. Department of
State, the U.S. Department of Commerce, or by the United Nations Security
Council, the European Union or any European Union member state, (b) any Person
operating, organized or resident in a Sanctioned Country or (c) any Person owned
or controlled by any such Person or Persons described in the foregoing
clauses (a) or (b).
“Sanctions” means, economic or financial sanctions or trade embargoes imposed,
administered or enforced from time to time by (a) the U.S. government, including
those administered by the Office of Foreign Assets Control of the U.S.
Department of the Treasury, the U.S. Department of Commerce or the U.S.
Department of State, or (b) the United Nations Security Council, the European
Union, any European Union member state or Her Majesty’s Treasury of the United
Kingdom, in each case, to the extent applicable to the Parent Entity and its
Subsidiaries.
“SEC” means the Securities and Exchange Commission, any successor thereto and
any analogous Governmental Authority succeeding to any of its principal
functions.
“series” means, with respect to any Extended Term Loans, Incremental Term Loans
or other Indebtedness of any Class hereunder, all such Indebtedness that have
the same maturity date, amortization and interest rate provisions and that are
designated as part of such “series” pursuant to the applicable Additional Credit
Extension Amendment.
“Solvent” and “Solvency” mean, with respect to any Person on any date of
determination, that on such date (a) the fair value of the property of such
Person is greater than the total amount of liabilities, including contingent
liabilities, of such Person, (b) the present fair salable value of the assets of
such Person is not less than the amount that will be required to pay the
probable liability of such Person on its debts as they become absolute and
matured, (c) such Person does not intend to, and does not believe that it will,
incur debts or liabilities beyond such Person’s ability to pay such debts and
liabilities as they become absolute and matured and (d) such Person is not
engaged in any business, as conducted on such date and as proposed to be
conducted following such date, for which such Person’s property would constitute
an unreasonably small capital. The amount of contingent liabilities at any time
shall be computed as the amount that, in the light of all the facts and
circumstances existing at such time, represents the amount that can reasonably
be expected to become an actual or matured liability.
“Specified Event of Default” means any Event of Default under clause (a), (b),
(h) or (i) of Article VII.
“Specified Transaction” means, with respect to any Test Period, any of the
following events occurring after the first day of such Test Period and prior to
the applicable date of determination: (i) any investment by the Parent Entity or
any Restricted Subsidiary in (or acquisition of) any Person other than a Person
that was a wholly-owned Restricted Subsidiary on the first day of such period
involving consideration paid by the Parent Entity or any Restricted Subsidiary
in excess of $25,000,000, (ii) any Disposition of all or substantially all
Equity Interests in any Restricted Subsidiary of the Parent Entity owned by the
Parent Entity or any of its Restricted Subsidiaries or any division, product
line, or facility used for operations of the Parent Entity or any of its
Restricted Subsidiaries, in each case involving consideration paid by the Parent
Entity or any Restricted Subsidiary in excess of $25,000,000, (iii) any
incurrence or repayment of Indebtedness (in each case, other than Revolving
Loans, Swingline Loans and borrowings and repayments of Indebtedness in the
ordinary course of business under revolving credit facilities except to the
extent there is a reduction in the related Revolving Commitments or other
revolving credit commitment) and (iv) any designation of a Restricted Subsidiary
as an Unrestricted Subsidiary or of an Unrestricted Subsidiary as a Restricted
Subsidiary.

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“Standard Securitization Undertakings” means representations, warranties,
covenants and indemnities entered into by the Parent Entity or any Subsidiary
thereof in connection with the Permitted Receivables Facility which are
reasonably customary in an accounts receivable financing transaction.
“Statutory Reserve Rate” means, with respect to any currency, a fraction
(expressed as a decimal), the numerator of which is the number one and the
denominator of which is the number one minus the aggregate of the maximum
reserve, liquid asset, fees or similar requirements (including any marginal,
special, emergency or supplemental reserves or other requirements) established
by any central bank, monetary authority, the Board, the Financial Services
Authority, the European Central Bank or other Governmental Authority for any
category of deposits or liabilities customarily used to fund loans in such
currency, expressed in the case of each such requirement as a decimal. Such
reserve percentages shall, in the case of Dollar denominated Loans, include
those imposed pursuant to Regulation D of the Board. Eurocurrency Loans shall be
deemed to be subject to such reserve, liquid asset or similar requirements
without benefit of or credit for proration, exemptions or offsets that may be
available from time to time to any Lender under any applicable law, rule or
regulation, including Regulation D. The Statutory Reserve Rate shall be adjusted
automatically on and as of the effective date of any change in any reserve,
liquid asset or similar requirement.
“Sterling” or “£” refers to lawful money of the United Kingdom.
“subsidiary” means, with respect to any Person (the “parent”) at any date, any
corporation, limited liability company, partnership, association or other entity
of which securities or other ownership interests representing more than 50% of
the ordinary voting power for the election of directors or other governing body
are at the time beneficially owned, directly or indirectly, by the parent or one
or more subsidiaries of the parent or by the parent and one or more subsidiaries
of the parent.
“Subsidiary” means any subsidiary of the Parent Entity (including, without
limitation, the U.S. Parent Borrower).
“Subsidiary Borrower” each Restricted Subsidiary that becomes a party hereto
pursuant to Section 9.02(e) until such time as such Subsidiary Borrower is
removed as a party hereto pursuant to Section 9.02(e).
“Swap Agreement” means any agreement with respect to any swap, forward, future
or derivative transaction or option or similar agreement involving, or settled
by reference to, one or more rates, currencies, commodities, equity or debt
instruments or securities, or economic, financial or pricing indices or measures
of economic, financial or pricing risk or value or any similar transaction or
any combination of these transactions; provided that no phantom stock or similar
plan providing for payments only on account of services provided by current or
former directors, officers, employees or consultants of the Parent Entity or the
Subsidiaries shall be a Swap Agreement.
“Swingline Exposure” means, at any time, the sum of the aggregate Global
Swingline Exposures and the aggregate U.S. Swingline Exposures. The Swingline
Exposure of any Lender at any time shall be the sum of its Global Swingline
Exposure and its U.S. Swingline Exposure at such time.
“Swingline Lender” means JPMCB, in its capacity as lender of Swingline Loans
hereunder, or any successor swingline lender hereunder.
“Swingline Loans” means a Global Swingline Loan or a U.S. Swingline Loan.
“Swingline Loan Sublimit” means $100,000,000.
“Syndication Agents” means, collectively, Bank of America, N.A., Barclays Bank
PLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman
Sachs Bank USA, in their respective capacities as co-syndication agents for this
Agreement.

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“TARGET Day” means any day on which (i) TARGET2 is open for settlement of
payments in Euro and (ii) banks are open for dealings in deposits in Euro in the
London interbank market.
“TARGET2” means the Trans-European Automated Real-time Gross Settlement Express
Transfer payment system which utilizes a single shared platform and which was
launched on November 19, 2007.
“Taxes” means any and all present or future taxes, levies, imposts, duties,
assessments or withholdings and similar charges imposed by any Governmental
Authority, including any interest, additions to tax or penalties applicable
thereto.
“TCA” means the Taxes Consolidation Act 1997 of Ireland, as amended.
“Term Loan A Facility” means the Tranche A Term Commitments and the Tranche A
Term Loans.
“Term Loan A Maturity Date” means August 17, 2021.
“Term Loans” means the Tranche A Term Loans, the Incremental Term Loans of each
series and the Extended Term Loans of each series, collectively.
“Test Period” means the period of four fiscal quarters of the Parent Entity
ending on a specified date.
“Transactions” means the execution, delivery and performance by the Loan Parties
of this Agreement and the other Loan Documents, the borrowing of Loans, the use
of the proceeds thereof and the issuance of Letters of Credit hereunder.
“Tranche A Term Commitment” means, as to each Tranche A Term Lender, its
obligation to make a Tranche A Term Loan on the Restatement Effective Date
pursuant to Section 2.01(a)(i) in an aggregate amount not to exceed the amount
set forth opposite such Tranche A Term Lender’s name on Schedule 2.01 to this
Agreement under the caption “Tranche A Term Commitment” or in the Assignment and
Assumption pursuant to which such Lender becomes a party hereto, as applicable,
as such amount may be adjusted from time to time in accordance with this
Agreement. The initial aggregate amount of the Tranche A Term Commitments on the
Restatement Effective Date is $400,000,000.
“Tranche A Term Lender” means, at any time, any Lender that has a Tranche A Term
Commitment or a Tranche A Term Loan at such time.
“Tranche A Term Loan” means an advance made by a Tranche A Term Lender to the
U.S. Parent Borrower under the Tranche A Term Commitments.
“Treaty on European Union” means the Treaty of Rome of March 25, 1957, as
amended by the Single European Act 1986 and the Maastricht Treaty (signed
February 7, 1992), as amended from time to time.
“Type,” when used in reference to any Loan or Borrowing, refers to whether the
rate of interest on such Loan, or on the Loans comprising such Borrowing, is
determined by reference to the Adjusted LIBO Rate, the Alternate Base Rate, the
Canadian Prime Rate or the CDOR Rate.
“UK Bank Levy” means the bank levy provided for in Section 73 and Schedule 19 of
the Finance Act 2011 (as amended and re-enacted from time to time), and the bank
surcharge provided for in Section 269DA Corporation Tax Act 2010.
“UK Borrower” means any Borrower incorporated in the United Kingdom and, to the
extent constituting a Borrower hereunder and resident for tax purpose in the
United Kingdom, the Parent and Delphi Automotive Holdings US Limited.

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"UK Loan Party" means any Loan Party incorporated in the United Kingdom and, to
the extent constituting a Borrower or Guarantor and resident for tax purpose in
the United Kingdom, the Parent and Delphi Automotive Holdings US Limited.
“UK Qualifying Lender” means a Lender which is beneficially entitled to interest
payable to that Lender in respect of an advance under a Loan Document to a UK
Borrower and is:
(a)    a Lender:
(i)    which is a bank (as defined for the purpose of section 879 ITA) making an
advance under a Loan Document and is within the charge to United Kingdom
corporation tax as respects any payments of interest made in respect of that
advance or would be within such charge as respects such payment apart from
section 18A CTA; or
(ii)    in respect of an advance made under a Loan Document by a person that was
a bank (as defined for the purposes of section 879 ITA) at the time that advance
was made and within the charge to United Kingdom corporation tax as respects any
payments of interest made in respect of that advance; or
(b)    a Lender which is:
(i)    a company resident in the United Kingdom for United Kingdom tax purposes;
or
(ii)    a partnership each member of which is:
(A)    a company so resident in the United Kingdom;
(B)    a company not so resident in the United Kingdom which carries on a trade
in the United Kingdom through a permanent establishment and which brings into
account in computing its chargeable profits (within the meaning of section 19 of
the CTA) the whole of any share of interest payable in respect of that advance
that falls to it by reason of Part 17 of the CTA; or
(iii)    a company not so resident in the United Kingdom which carries on a
trade in the United Kingdom through a permanent establishment and which brings
into account interest payable in respect of that advance in computing the
chargeable profits (within the meaning of section 19 of the CTA) of that
company;
(c)    a UK Treaty Lender; or
(d)    a Lender which is a building society (as defined for the purpose of
section 880 of the ITA) making an advance under a Loan Document.
“UK Tax Confirmation” means a confirmation by a Lender that the person
beneficially entitled to interest payable to that Lender in respect of an
advance under a Loan Document to a UK Borrower is: (a) a company resident in the
United Kingdom for United Kingdom tax purposes; (b) a partnership each member of
which is either: (i) a company resident in the United Kingdom for United Kingdom
tax purposes; or (ii) a company not so resident in the United Kingdom which
carries on a trade in the United Kingdom through a permanent establishment and
which brings into account in computing its chargeable profits (within the
meaning of section 19 of the CTA) the whole of any share of interest payable in
respect of that advance that falls to it by reason of Part 17 of the CTA; or (c)
a company not so resident in the United Kingdom which carries on a trade in the
United Kingdom through a permanent establishment and which brings into account
interest payable in respect of that advance in computing its chargeable profits
(within the meaning of section 19 of the CTA).

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“UK Tax Deduction” means a deduction or withholding for or on account of
Indemnified Tax imposed by the United Kingdom from a payment under a Loan
Document in respect of an advance to a UK Borrower.
“UK Treaty Lender” means, in respect of an advance to a UK Borrower, a Lender
which (a) is treated as a resident of a UK Treaty State for the purposes of the
relevant UK Treaty; (b) does not carry on a business in the United Kingdom
through a permanent establishment with which that Lender’s participation in the
Loan or Letter of Credit is effectively connected.
“UK Treaty State” means a jurisdiction having a double taxation agreement (a “UK
Treaty”) with the United Kingdom which makes provision for full exemption from
tax imposed by the United Kingdom on interest.
“Unrestricted Subsidiary” means each Subsidiary of the Parent Entity designated
by the Parent Entity as an Unrestricted Subsidiary pursuant to Section 5.10
subsequent to the Restatement Effective Date, in each case, until such Person
ceases to be an Unrestricted Subsidiary of the Parent Entity in accordance with
Section 5.10 or ceases to be a Subsidiary of the Parent Entity.
“Unrestricted Subsidiary Cap” means that, as of the last day of any Test Period,
Unrestricted Subsidiaries shall not account for greater than (x) 20% of the
total assets of the Parent Entity and its Subsidiaries calculated in accordance
with GAAP on a consolidated basis as of such date or (y) 20% of Consolidated
EBITDA, calculated in the case of this clause (y) (and notwithstanding anything
in the definition thereof to the contrary including any exclusion of financial
results of an Unrestricted Subsidiary) with respect to the Parent Entity and its
Subsidiaries on a consolidated basis, as of such date.
“U.S. LC Exposure” means, at any time, the sum of (a) the aggregate undrawn
amount of all outstanding U.S. Letters of Credit at such time, plus (b) the
aggregate amount of all LC Disbursements with respect to U.S. Letters of Credit
not yet been reimbursed by or on behalf of the Borrowers at such time. The U.S.
LC Exposure of any U.S. Revolving Lender at any time shall be its Applicable
Percentage of the aggregate U.S. LC Exposure at such time.
“U.S. Letter of Credit” means any Letter of Credit issued pursuant to the U.S.
Revolving Facility.
“U.S. Parent Borrower” has the meaning set forth in the preamble to this
Agreement.
“U.S. Revolving Commitment” means, with respect to each Lender, the commitment,
if any, of such Lender to make U.S. Revolving Loans and to acquire
participations in U.S. Letters of Credit and U.S. Swingline Loans, expressed as
an amount representing the maximum possible aggregate amount of such Lender’s
U.S. Revolving Exposure hereunder, as such commitment may be (a) reduced from
time to time pursuant to Section 2.08 and (b) increased from time to time
pursuant to Section 2.19. The initial amount of each Lender’s U.S. Revolving
Commitment on the Restatement Effective Date is set forth on Schedule 2.01 of
this Agreement, or in the Assignment and Assumption pursuant to which such
Lender shall have assumed its U.S. Revolving Commitment, as the case may be. The
initial aggregate amount of the Lenders’ U.S. Revolving Commitments on the
Restatement Effective Date is $500,000,000.
“U.S. Revolving Exposure” means, at any time, the sum of (a) the aggregate
principal amount of the U.S. Revolving Loans outstanding at such time, (b) the
U.S. LC Exposure at such time and (c) the U.S. Swingline Exposure at such time.
The U.S. Revolving Exposure of any Lender at any time shall be its Applicable
Percentage of the U.S. Revolving Exposure at such time.
“U.S. Revolving Facility” means the U.S. Revolving Commitments and the extension
of credit made hereunder by the U.S. Revolving Lenders.

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“U.S. Revolving Lender” means a Lender with a U.S. Revolving Commitment or, if
the U.S. Revolving Commitments have terminated or expired, a Lender with U.S.
Revolving Exposure.
“U.S. Revolving Loan” means a Loan made pursuant to Section 2.01(b)(ii).
“U.S. Swingline Exposure” means, at any time, the aggregate principal amount of
all U.S. Swingline Loans outstanding at such time. The U.S. Swingline Exposure
of any U.S. Revolving Lender at any time shall be its Applicable Percentage of
the total U.S. Swingline Exposure at such time.
“U.S. Swingline Loan” means a Loan made pursuant to Section 2.04(a)(ii).
“VAT” means: (a) any tax imposed in compliance with the Council Directive of 28
November 2006 on the common system of value added tax (EC Directive 2006/112);
and (b) any other tax of a similar nature, whether imposed in a member state of
the European Union in substitution for, or levied in addition to, such tax
referred to in paragraph (a) above, or imposed elsewhere.
“Weighted Average Life to Maturity” means, when applied to any Indebtedness at
any date, the number of years obtained by dividing (a) the then outstanding
aggregate principal amount of such Indebtedness into (b) the sum of the total of
the products obtained by multiplying (i) the amount of each then remaining
scheduled installment, sinking fund, serial maturity or other required payment
of principal including payment at final maturity, in respect thereof, by
(ii) the number of years (calculated to the nearest one-twelfth) which will
elapse between such date and the making of such payment.
“Withdrawal Liability” means liability to a Multiemployer Plan as a result of a
complete or partial withdrawal from such Multiemployer Plan, as such terms are
defined in Part I of Subtitle E of Title IV of ERISA.
“wholly owned” means, with respect to a subsidiary of a Person, a subsidiary of
such Person all of the outstanding Equity Interests of which (other than
(x) director’s qualifying shares and (y) shares issued to foreign nationals to
the extent required by applicable Law) are owned by such Person and/or by one or
more wholly owned subsidiaries of such Person.
“Write-Down and Conversion Powers” means, with respect to any EEA Resolution
Authority, the write-down and conversion powers of such EEA Resolution Authority
from time to time under the Bail-In Legislation for the applicable EEA Member
Country, which write-down and conversion powers are described in the EU Bail-In
Legislation Schedule.
SECTION 1.02    Classification of Loans and Borrowings. For purposes of this
Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving
Loan”) or by Type (e.g., a “Eurocurrency Loan”) or by Class and Type (e.g., a
“Eurocurrency Revolving Loan”). Borrowings also may be classified and referred
to by Class (e.g., a “Revolving Borrowing”) or by Type (e.g., a “Eurocurrency
Borrowing”) or by Class and Type (e.g., a “Eurocurrency Revolving Borrowing”).
SECTION 1.03    Terms Generally.
(a)    Unless separate definitions are provided for the singular and plural
forms of a specified term, the definitions of terms herein shall apply equally
to the singular and plural forms of the terms defined. Whenever the context may
require, any pronoun shall include the corresponding masculine, feminine and
neuter forms. The words “include,” “includes” and “including” shall be deemed to
be followed by the phrase “without limitation.” The word “will” shall be
construed to have the same meaning and effect as the word “shall.” Unless the
context requires otherwise (a) any definition of or reference to any agreement,
instrument or other document herein shall be construed as referring to such
agreement, instrument or other document as from time to time amended,
supplemented, refinanced, restated, replaced or otherwise modified (subject to
any restrictions on such amendments, supplements or modifications set forth
herein), (b) any reference herein to any Person shall be construed to include
such Person’s successors and assigns, (c) the words “herein,” “hereof” and
“hereunder,” and words of similar

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import, shall be construed to refer to this Agreement in its entirety and not to
any particular provision hereof, (d) all references herein to Articles,
Sections, Exhibits and Schedules shall be construed to refer to Articles,
Sections, Exhibits and Schedules of this Agreement and (e) the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer
to any and all tangible and intangible assets and properties, including cash,
securities, accounts and contract rights. A Letter of Credit shall be deemed at
a particular time to be “outstanding”, and not to have “terminated”, in each
case regardless of the expiration date of the Letter of Credit, if (i) a
presentation made at such time under such Letter of Credit would be required to
be honored if otherwise made in accordance with the terms and conditions of such
Letter of Credit, or (ii) a presentation made on or before the latest date for
presentation under such Letter of Credit has not yet been honored and under the
applicable letter of credit practice rules or applicable law the time to give
timely notice of refusal of such presentation for documentary discrepancies has
not yet passed.
SECTION 1.04    Accounting Terms; GAAP.
(a)    Except as otherwise expressly provided herein, all terms of an accounting
or financial nature shall be construed in accordance with GAAP, as in effect
from time to time; provided that, if the Borrower Agent notifies the
Administrative Agent that the Borrower Agent requests an amendment to any
provision hereof to eliminate the effect of any change occurring after the
Restatement Effective Date in GAAP or in the application thereof on the
operation of such provision (or if the Administrative Agent notifies the
Borrower Agent that the Required Lenders request an amendment to any provision
hereof for such purpose), regardless of whether any such notice is given before
or after such change in GAAP or in the application thereof, then such provision
shall be interpreted on the basis of GAAP as in effect and applied immediately
before such change shall have become effective until such notice shall have been
withdrawn or such provision amended in accordance herewith. In addition,
notwithstanding any other provision contained herein, (i) the definitions set
forth in the Loan Documents and any financial calculations required by the Loan
Documents shall be computed to exclude any change to lease accounting rules from
those in effect pursuant to Financial Accounting Standards Board Accounting
Standards Codification 840 (Leases) and other related lease accounting guidance
as in effect on the Restatement Effective Date and (ii) all terms of an
accounting or financial nature used herein shall be construed, and all
computations of amounts and ratios referred to herein shall be made, without
giving effect to any election under Financial Accounting Standards Board
Accounting Standards Codification 825 (or any other Financial Accounting
Standard having a similar result or effect) to value any Indebtedness or other
liabilities of the Parent Entity or any Subsidiary at “fair value,” as defined
therein.
(b)    Notwithstanding anything to the contrary herein, (i) for purposes of
determining compliance with any test or covenant or the compliance with or
availability of any basket contained in this Agreement with respect to any Test
Period, the Consolidated Leverage Ratio, Consolidated Total Assets and
Consolidated EBITDA shall be calculated with respect to such period on a Pro
Forma Basis and (ii) for purposes of calculating any consolidated amounts
necessary to determine compliance by any Person and, if applicable, its
Restricted Subsidiaries with any ratio or other financial covenant in this
Agreement (other than the Unrestricted Subsidiary Cap), Unrestricted
Subsidiaries shall be excluded.
SECTION 1.05    Payments on Business Days. When the payment of any Obligation or
the performance of any covenant, duty or obligation is stated to be due or
performance required on a day which is not a Business Day, the date of such
payment or performance shall extend to the immediately succeeding Business Day
and such extension of time shall be reflected in computing interest or fees, as
the case may be; provided that, with respect to any payment of interest on or
principal of Eurocurrency Loans, if such extension would cause any such payment
to be made in the next succeeding calendar month, such payment shall be made on
the immediately preceding Business Day.
SECTION 1.06    Times of Day. Unless otherwise specified, all references herein
to times of day shall be references to Eastern time (daylight or standard, as
applicable).

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SECTION 1.07    No Novation. This Agreement shall not constitute a novation of
any loan or accrued interest or fee or other Obligation outstanding under the
Original Credit Agreement all of which shall remain outstanding under this
Agreement until paid in accordance with the terms hereof.
SECTION 1.08    Currency Translation; Change of Currency.
(a)    The Administrative Agent shall determine the Dollar Equivalent of any
Alternative Currency Letter of Credit as of each date (with such date to be
reasonably determined by the Administrative Agent) that is on or about the date
of each request for the issuance, amendment, renewal or extension of such
Alternative Currency Letter of Credit, using the Exchange Rate for the
applicable currency in relation to Dollars in effect on the date of
determination, and each such amount shall be the Dollar Equivalent of such
Letter of Credit until the next required calculation thereof pursuant to this
Section 1.08(a)).
(b)    The Administrative Agent shall determine the Dollar Equivalent of any
Borrowing denominated in any Alternative Currency as of each date (with such
date to be reasonably determined by the Administrative Agent) that is on or
about the date of a Borrowing Request or Interest Election Request with respect
to such Borrowing, in each case using the Exchange Rate for the applicable
currency in relation to Dollars in effect on the date of determination, and each
such amount shall be the Dollar Equivalent of such Borrowing until the next
required calculation thereof pursuant to this Section 1.08(b).
(c)    The Dollar Equivalent of any LC Disbursement made by any Issuing Bank in
any Alternative Currency and not reimbursed by the applicable Borrowers shall be
determined as set forth in paragraph (e) of Section 2.05. In addition, the
Dollar Equivalent of the Global LC Exposure shall be determined as set forth in
paragraph (j) of Section 2.05, at the time and in the circumstances specified
therein.
(d)    The Administrative Agent shall notify the applicable Borrowers, the
applicable Lenders and the applicable Issuing Bank of each calculation of the
Dollar Equivalent of each Global Letter of Credit, Borrowing and L/C
Disbursement with respect to Alternative Currency Letters of Credit.
(e)    Unless otherwise prohibited by law, if more than one currency or currency
unit are at the same time recognized by the central bank of Canada as the lawful
currency of that country, then:
(i)    any reference in the Loan Documents to, and any obligations arising under
the Loan Documents in, the currency of that country shall be translated into, or
paid in, the currency or currency unit of that country designated by the
Administrative Agent; and
(ii)    any translation from one currency or currency unit to another shall be
at the official rate of exchange recognized by the central bank for the
conversion of that currency or currency unit into the other, rounded up or down
by the Administrative Agent.
(f)    If a change in any currency of a country occurs as contemplated by the
foregoing clause (e), this Agreement will, to the extent the Administrative
Agent reasonably determines necessary, be amended in a manner reasonably
acceptable to the Borrower Agent (and without the consent of any other Person)
to comply with any generally accepted conventions and market practice in the
relevant interbank market and otherwise to reflect the change in currency.
ARTICLE II
    
The Credits
SECTION 2.01    Commitments.
(a)    The Term Borrowings. Subject to the terms and conditions set forth
herein, each Tranche A Term Lender hereby agrees to make a Tranche A Term Loan
to the U.S. Parent Borrower on the

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Restatement Effective Date in Dollars in an amount equal to such Tranche A Term
Lender’s Tranche A Term Commitment. Tranche A Term Loans repaid or prepaid may
not be reborrowed.
(b)    The Revolving Credit Borrowings. Subject to the terms and conditions set
forth herein, (i) each Global Revolving Lender agrees to make Global Revolving
Loans to the Borrowers from time to time during the Availability Period in
Dollars or in any Alternative Currency in an aggregate principal amount that
will not result in such Lender’s Global Revolving Exposure exceeding such
Lender’s Global Revolving Commitment and (ii) each U.S. Revolving Lender agrees
to make U.S. Revolving Loans to the Domestic Subsidiary Borrowers from time to
time during the Availability Period in Dollars in an aggregate principal amount
that will not result in such Lender’s U.S. Revolving Exposure exceeding such
Lender’s U.S. Revolving Commitment. Within the foregoing limits and subject to
the terms and conditions set forth herein, the Borrowers may borrow, prepay and
reborrow Revolving Loans. Subject to the Borrowers’ overall currency and
jurisdictional borrowing needs and other reasonable considerations, the
Borrowers will use commercially reasonable efforts to approximately equalize
utilization (as a percentage of the applicable Class of Commitments) under each
of the Revolving Facilities.
SECTION 2.02    Loans and Borrowings.
(a)    Each Loan (other than a Swingline Loan) shall be made as part of a
Borrowing consisting of Loans of the same Class and Type made by the Lenders
ratably in accordance with their respective Commitments of the applicable Class.
The failure of any Lender to make any Loan required to be made by it shall not
relieve any other Lender of its obligations hereunder; provided that the
Commitments of the Lenders are several and no Lender shall be responsible for
any other Lender’s failure to make Loans as required. Any Swingline Loan shall
be made in accordance with the procedures set forth in Section 2.04.
(b)    Subject to Sections 2.13 and 2.23, (i) each Revolving Borrowing
denominated in Sterling, Euros or Mexican Pesos shall be comprised entirely of
Eurocurrency Loans, (ii) each Revolving Borrowing denominated in Dollars shall
be comprised entirely of ABR Loans or Eurocurrency Loans as the Borrower Agent
may request in accordance herewith and (iii) each Revolving Borrowing that is
denominated in Canadian Dollars shall be comprised entirely of Canadian Prime
Rate Loans or, pursuant to Section 2.23, BA Drawings as the Borrower Agent may
request in accordance herewith. Each Swingline Loan shall be an ABR Loan. Each
Lender at its option may make any Eurocurrency Loan or any Loans to a Foreign
Borrower by causing any domestic or foreign branch or Affiliate of such Lender
to make such Loan; provided that any exercise of such option shall not affect
the obligation of the Borrowers to repay such Loan in accordance with the terms
of this Agreement.
(c)    At the commencement of each Interest Period for any Eurocurrency
Revolving Borrowing, such Borrowing shall be in an aggregate amount that is an
integral multiple of the Borrowing Multiple and not less than the Borrowing
Minimum. At the time that each ABR Revolving Borrowing is made, such Borrowing
shall be in an aggregate amount that is an integral multiple of the Borrowing
Multiple and not less than the Borrowing Minimum; provided that (i) an ABR
Revolving Borrowing may be in an aggregate amount that is equal to the entire
unused balance of the aggregate Global Revolving Commitments or aggregate U.S.
Revolving Commitments, as applicable, and (ii) a Global Swingline Loan or U.S.
Swingline Loan may be in an aggregate amount that is equal to the entire unused
balance of the aggregate Global Revolving Commitments or U.S. Revolving
Commitments, as applicable, or that is required to finance the reimbursement of
an LC Disbursement with respect to Global Letters of Credit or U.S. Letters of
Credit, as applicable, as contemplated by Section 2.05(e). Each Swingline Loan
shall be in an amount that is an integral multiple of $100,000 and not less than
$500,000. At the time that each Canadian Prime Rate Loan Borrowing is made, such
Borrowing shall be in an aggregate amount that is an integral multiple of the
Borrowing Multiple and not less than the Borrowing Minimum. At the commencement
of each Contract Period for any BA Drawing of Global Revolving Loans denominated
in Canadian Dollars, such Borrowing shall be in an aggregate face amount that is
an integral multiple of the Borrowing Multiple and not less than the Borrowing
Minimum. Borrowings of more than one Type and Class may be outstanding at the
same time; provided that there shall not at any time be more than a total of
(x) twenty (20) Eurocurrency Borrowings outstanding and (y) two (2) BA Drawings
outstanding.

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(d)    Notwithstanding any other provision of this Agreement, the Borrower Agent
shall not be entitled to request, or to elect to convert or continue, any
Borrowing if the Interest Period requested (i) with respect to a Revolving
Borrowing would end after the Revolving Credit Maturity Date or (ii) with
respect to a Tranche A Term Loan would end after the Term Loan A Maturity Date.
SECTION 2.03    Requests for Borrowings. To request a Borrowing, the Borrower
Agent shall notify the Administrative Agent, of such request either in writing
(delivered by hand, facsimile, or via a pdf or similar file attached to an
email, substantially in the form attached hereto as Exhibit B-1 and signed by
the Borrower Agent (a) with respect to U.S. Revolving Loans or Global Revolving
Loans denominated in Dollars, (i) in the case of a Eurocurrency Borrowing, not
later than noon, Local Time, three (3) Business Days before the date of the
proposed Borrowing, or (ii) in the case of an ABR Borrowing, not later than
noon, Local Time, on the date of the proposed Borrowing; (b) with respect to
Global Revolving Loans denominated in Canadian Dollars, (i) in the case of a BA
Drawing, not later than 3:00 p.m., Local Time, three (3) Business Days before
the date of the proposed Borrowing, and (ii) in the case of a Canadian Prime
Rate Borrowing, not later than 10:00 a.m., Local Time, one Business Day before
the date of the proposed Borrowing and (c) with respect to Global Revolving
Loans denominated in Sterling, Euro or Pesos, not later than 11:00 a.m., Local
Time, three (3) Business Days before the date of the proposed Borrowing. Each
Borrowing Request shall be irrevocable and, in the case of a telephonic
Borrowing Request, shall be confirmed promptly by hand delivery or telecopy or
transmission by electronic communication in accordance with Section 9.01(b) to
the Administrative Agent of a written Borrowing Request in a form attached
hereto as Exhibit B-1 and signed by the applicable Borrower. Each such
telephonic and written Borrowing Request shall specify the following information
in compliance with Section 2.02:
(i)    the identity of the Borrower;
(ii)    the currency and aggregate amount of the requested Borrowing and the
Class of Loans being borrowed;
(iii)    the date of such Borrowing, which shall be a Business Day;
(iv)    the Facility under which such Borrowing will be made;
(v)    whether such Borrowing is to be an ABR Borrowing, a Canadian Prime Rate
Borrowing, a BA Drawing or a Eurocurrency Borrowing;
(vi)    in the case of a Eurocurrency Borrowing, the initial Interest Period to
be applicable thereto, which shall be a period contemplated by the definition of
the term “Interest Period”;
(vii)    the location and number of the applicable Borrower’s account to which
funds are to be disbursed, which shall comply with the requirements of
Section 2.06; and
(viii)    in the case of a BA Drawing, the initial Contract Period to be
applicable thereto, which shall be a period contemplated by the definition of
the term “Contract Period.”
If no currency is specified with respect to any Eurocurrency Revolving
Borrowing, then the applicable Borrower shall be deemed to have selected
Dollars. If no election as to the Type of Borrowing is specified, then the
requested Borrowing shall be (i) in the case of a Borrowing denominated in
Dollars, an ABR Borrowing, (ii) in the case of a Borrowing denominated in
Canadian Dollars, a Canadian Prime Rate Borrowing, and (iii) in the case of a
Borrowing denominated in an Alternative Currency (other than Canadian Dollars),
a Eurocurrency Borrowing. If no Interest Period is specified with respect to any
requested Eurocurrency Borrowing, then the applicable Borrower shall be deemed
to have selected an Interest Period of one month’s duration. If no Contract
Period is specified with respect to a BA Drawing, then the applicable Borrower
shall be deemed to have selected a Contract Period of 30 days. Promptly
following receipt of a Borrowing Request in accordance with this Section, the
Administrative Agent shall advise each applicable Lender of the details thereof
and of the amount of such Lender’s Loan to be made as part of the requested
Borrowing.

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SECTION 2.04    Swingline Loans.
(a)    Subject to the terms and conditions set forth herein, the Swingline
Lender agrees to make (i) Global Swingline Loans to any Borrower from time to
time during the Availability Period in Dollars, in an aggregate principal amount
at any time outstanding that will not result in (x) the aggregate principal
amount of outstanding Swingline Loans exceeding the Swingline Loan Sublimit or
(y) the aggregate principal amount of the total Global Revolving Exposures
exceeding the total Global Revolving Commitments and (ii) U.S. Swingline Loans
to the Domestic Subsidiary Borrowers from time to time during the Availability
Period in Dollars, in an aggregate principal amount at any time outstanding that
will not result in (x) the aggregate principal amount of outstanding Swingline
Loans exceeding the Swingline Loan Sublimit or (y) the aggregate principal
amount of the total U.S. Revolving Exposures exceeding the total U.S. Revolving
Commitments; provided that (I) the Swingline Lender shall not be required to
make a Swingline Loan to refinance an outstanding Swingline Loan and (II) the
Swingline Lender shall not be required to make any Swingline Loan under any
Revolving Facility to the extent the aggregate principal amount of the Revolving
Loans made by the Lender acting as Swingline Lender that are then outstanding
under such Revolving Facility, when aggregated with aggregate principal amount
of Swingline Loans under such Revolving Facility, would exceed the amount of
such Lender’s Revolving Commitment under such Revolving Facility. Within the
foregoing limits and subject to the terms and conditions set forth herein, the
Borrowers may borrow, prepay and reborrow Swingline Loans.
(b)    To request a Swingline Loan, the Borrower Agent shall notify the
Administrative Agent of such request by telephone (confirmed by telecopy or
transmission by electronic communication), not later than 12:00 noon, New York
City time, on the day of a proposed Swingline Loan. Each such notice shall be in
the form attached hereto as Exhibit B-5 and shall be irrevocable and shall
specify the requested date (which shall be a Business Day) and amount of the
requested Swingline Loan. The Administrative Agent will promptly advise the
Swingline Lender of any notice of a request for a Swingline Loan Borrowing
received from the applicable Borrower. The Swingline Lender shall make each
Swingline Loan available to the applicable Borrower by means of a credit to the
general deposit account of such Borrower with the Swingline Lender (or, in the
case of a Swingline Loan made to finance the reimbursement of an LC Disbursement
as provided in Section 2.05(e), by remittance to the relevant Issuing Bank or,
to the extent that the Applicable Participants have made payments pursuant to
Section 2.05(e) to reimburse the applicable Issuing Bank, to such Applicable
Participants and such Issuing Bank as their interests may appear) by 3:00 p.m.,
New York City time, on the requested date of such Swingline Loan.
(c)    The Swingline Lender may by written notice given to the Administrative
Agent not later than 10:00 a.m., New York City time, on any Business Day require
the Applicable Participants to acquire participations on such Business Day in
all or a portion of the Global Swingline Loans outstanding or U.S. Swingline
Loans outstanding, as applicable. Each such notice shall specify the aggregate
amount of Swingline Loans in which the Applicable Participants will participate.
Promptly upon receipt of such notice, the Administrative Agent will give notice
thereof to each Applicable Participant, specifying in such notice such
Applicable Participant’s Applicable Percentage of such Swingline Loan or
Swingline Loans. Each Applicable Participant hereby absolutely and
unconditionally agrees, upon receipt of notice as provided above, to pay to the
Administrative Agent, for the account of the Swingline Lender, such Applicable
Participant’s Applicable Percentage of such Swingline Loan or Swingline Loans.
Each Applicable Participant acknowledges and agrees that its obligation to
acquire participations in Swingline Loans pursuant to this paragraph is absolute
and unconditional and shall not be affected by any circumstance whatsoever,
including the occurrence and continuance of a Default or reduction or
termination of the Commitments, and that each such payment shall be made without
any offset, abatement, withholding or reduction whatsoever. Each Applicable
Participant shall comply with its obligation under this paragraph by wire
transfer of immediately available funds, in the same manner as provided in
Section 2.06 with respect to Loans made by such Applicable Participant (and
Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the
Applicable Participants), and the Administrative Agent shall promptly pay to the
Swingline Lender the amounts so received by it from the Applicable Participants.
The Administrative Agent shall notify the Borrower Agent of any participations
in any Swingline Loan acquired pursuant to this paragraph, and thereafter
payments in respect of such Swingline Loan shall be made to the Administrative
Agent and not to the Swingline Lender. Any amounts received by the Swingline
Lender from the applicable Borrower (or other party on behalf of such Borrower)
in respect of a Swingline Loan after receipt by the Swingline Lender of the
proceeds of a sale of participations therein shall be

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promptly remitted to the Administrative Agent; any such amounts received by the
Administrative Agent shall be promptly remitted by the Administrative Agent to
the Applicable Participants that shall have made their payments pursuant to this
paragraph and to the Swingline Lender, as their interests may appear; provided
that any such payment so remitted shall be repaid to the Swingline Lender or to
the Administrative Agent, as applicable, if and to the extent such payment is
required to be refunded to a Borrower for any reason. The purchase of
participations in a Swingline Loan pursuant to this paragraph shall not relieve
any Borrower of any default in the payment thereof.
SECTION 2.05    Letters of Credit.
(a)    General. Subject to the terms and conditions set forth herein, (i) each
Borrower may request the issuance of Global Letters of Credit denominated in
Dollars or Alternative Currencies or (ii) the Domestic Subsidiary Borrowers may
request the issuance of U.S. Letters of Credit denominated in Dollars, in each
case for its own account (provided that any Letter of Credit may be provided on
behalf of the Parent Entity or any Restricted Subsidiary of the Parent Entity),
in a form reasonably acceptable to the relevant Issuing Bank, at any time and
from time to time during the Availability Period. In the event of any
inconsistency between the terms and conditions of this Agreement and the terms
and conditions of any form of letter of credit application or other agreement
submitted by the applicable Borrower to, or entered into by the applicable
Borrower with, an Issuing Bank relating to any Letter of Credit, the terms and
conditions of this Agreement shall control.
(b)    Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To
request the issuance of a Letter of Credit (or the amendment, renewal or
extension of an outstanding Letter of Credit), the Borrower Agent shall hand
deliver or telecopy (or transmit by electronic communication, if arrangements
for doing so have been approved by the relevant Issuing Bank) to the relevant
Issuing Bank and the Administrative Agent (reasonably in advance of the
requested date of issuance, amendment, renewal or extension) a notice in the
form attached hereto as Exhibit B-3 requesting the issuance of a Letter of
Credit, or identifying the Letter of Credit to be amended, renewed or extended,
and specifying the date of issuance, amendment, renewal or extension (which
shall be a Business Day), the date on which such Letter of Credit is to expire
(which shall comply with paragraph (c) of this Section), the amount of such
Letter of Credit, the currency in which such Letter of Credit is to be
denominated (and if such Letter of Credit is denominated in U.S. Dollars,
whether it is a Global Letter of Credit or a U.S. Letter of Credit), the name
and address of the beneficiary thereof and such other information as shall be
necessary to prepare, amend, renew or extend such Letter of Credit. The relevant
Issuing Bank shall promptly notify the Administrative Agent of, and the
Administrative Agent shall in turn promptly furnish to the Lenders notice of,
any such issuance. If requested by the relevant Issuing Bank, the applicable
Borrower also shall submit a letter of credit application on such Issuing Bank’s
standard form in connection with any request for a Letter of Credit; provided
that such letter of credit application shall not contain terms inconsistent with
the terms of this Agreement and shall not impose any additional obligations,
liabilities or Liens on any Loan Party during the term of this Agreement. A
Letter of Credit shall be issued, amended, renewed or extended only if (and upon
issuance, amendment, renewal or extension of each Letter of Credit the
applicable Borrower shall be deemed to represent and warrant that), after giving
effect to such issuance, amendment, renewal or extension (i) the LC Exposure
shall not exceed the LC Exposure Sublimit, (ii) the LC Exposure of each Issuing
Bank shall not exceed such Issuing Bank’s LC Commitment and (iii) subject to
Section 2.04, (x) in the case of a Global Letter of Credit the aggregate
principal amount of the total Global Revolving Exposures shall not exceed the
total Global Revolving Commitments and (y) in the case of a U.S. Letter of
Credit the aggregate principal amount of the total U.S. Revolving Exposures
shall not exceed the total U.S. Revolving Commitments, as applicable.
(c)    Expiration Date. Each Letter of Credit shall, unless otherwise agreed by
the relevant Issuing Bank, expire at or prior to the close of business on the
earlier of (i) the date that is one year after the date of the issuance of such
Letter of Credit (or, in the case of any renewal or extension thereof, one year
after such renewal or extension) and (ii) the date that is five (5) Business
Days prior to the Revolving Credit Maturity Date, or, in each case, such later
date as the relevant Issuing Bank may agree to the extent such Letters of Credit
are cash collateralized or backstopped in a manner reasonably acceptable to the
Issuing Bank; provided that in the event that an Issuing Bank consents to an
expiration date for any Letter of Credit that is following the Revolving Credit
Maturity Date, the Applicable Participants shall cease to have risk
participations therein on (x) the day following the

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Revolving Credit Maturity Date or (y) on such later date through which such
Letter of Credit is deemed to be outstanding in accordance with Section 1.03.
(d)    Participations. By the issuance of a Letter of Credit (or an amendment to
a Letter of Credit increasing the amount thereof or renewing such Letter of
Credit or extending the expiration thereof) and without any further action on
the part of the relevant Issuing Bank or the Revolving Lenders, such Issuing
Bank hereby grants to each Applicable Participant, and each Applicable
Participant hereby acquires from such Issuing Bank, a participation in such
Letter of Credit equal to such Applicable Participant’s Applicable Percentage of
the aggregate amount from time to time available to be drawn under such Letter
of Credit. In consideration and in furtherance of the foregoing, each Applicable
Participant hereby absolutely, irrevocably and unconditionally agrees to pay to
the Administrative Agent in Dollars (in the case of an LC Disbursement in an
Alternative Currency, based on the Dollar Equivalent amount thereof at the time
of drawing), for the account of the relevant Issuing Bank, such Applicable
Participant’s Applicable Percentage of each LC Disbursement made by such Issuing
Bank to the extent not reimbursed by the applicable Borrower on the date due as
provided in paragraph (e) of this Section, or of any reimbursement payment
required to be refunded to the applicable Borrower for any reason. Each
Applicable Participant acknowledges and agrees that its obligation to acquire
participations pursuant to this paragraph in respect of Letters of Credit is
absolute and unconditional and shall not be affected by any circumstance
whatsoever, including any amendment, renewal or extension of any Letter of
Credit or the occurrence and continuance of a Default or reduction or
termination of the Commitments, and that each such payment made in accordance
with this Section 2.05(d) by the Applicable Participant for the account of the
relevant Issuing Bank shall be made without any offset, abatement, withholding
or reduction whatsoever.
(e)    Reimbursement. If an Issuing Bank shall make any LC Disbursement in
respect of a Letter of Credit, the applicable Borrower shall reimburse such LC
Disbursement by paying to the Administrative Agent an amount equal to such LC
Disbursement, in Dollars using the Exchange Rate for the applicable Alternative
Currency in relation to Dollars in effect on the date of determination (or such
other applicable currency as the applicable Borrower and the applicable Issuing
Bank may agree in writing), on (i) the Business Day that the Borrower receives
such notice, if such notice is received prior to 10:00 a.m., Local Time, on the
day of receipt or (ii) the Business Day immediately following the day that the
applicable Borrower receives such notice, if such notice is not received prior
to such time on the day of receipt; provided that unless the applicable Borrower
elects otherwise, the applicable Borrower shall be deemed, subject to the
conditions to borrowing set forth herein, to have requested in accordance with
Section 2.03 or 2.05 that such payment be financed with an ABR Revolving
Borrowing or, if such amount is less than the Borrowing Multiple, a Swingline
Loan under the Revolving Facility under which such Letters of Credit was issued
in the Dollar Equivalent amount of such LC Disbursement and, to the extent so
financed, the applicable Borrower’s obligation to make such payment shall be
discharged and replaced by the resulting ABR Revolving Borrowing or Swingline
Loan. If a Borrower fails to make such payment when due (or if any such
reimbursement payment is required to be refunded to the applicable Borrower for
any reason), then (A) if such payment relates to an Alternative Currency Letter
of Credit, automatically and with no further action required, the applicable
Borrower’s or such other Person’s obligation to reimburse the applicable LC
Disbursement shall be permanently converted into an obligation to reimburse the
Dollar Equivalent, calculated using the Exchange Rate on the date when such
payment was due, of such LC Disbursement and (B) in the case of each LC
Disbursement, the Administrative Agent shall notify the applicable Issuing Bank
and each Applicable Participant of the applicable LC Disbursement, the payment
then due from the applicable Borrower in respect thereof and such Applicable
Participant’s Applicable Percentage thereof. Promptly following receipt of such
notice, each Applicable Participant shall pay to the Administrative Agent its
Applicable Percentage of the payment then due from the applicable Borrower in
Dollars using the Exchange Rate for the applicable Alternative Currency in
relation to Dollars in effect on the date of determination, in the same manner
as provided in Section 2.06 with respect to Loans made by such Applicable
Participant (and Section 2.06 shall apply, mutatis mutandis, to the payment
obligations of the Applicable Participants), and the Administrative Agent shall
promptly pay to the relevant Issuing Bank the amounts so received by it from the
Applicable Participants. Promptly following receipt by the Administrative Agent
of any payment from the applicable Borrower pursuant to this paragraph, the
Administrative Agent shall distribute such payment to the relevant Issuing Bank
or, to the extent that the Applicable Participants have made payments pursuant
to this paragraph to reimburse such Issuing Bank, then to such Applicable
Participants and such Issuing Bank as their interests may appear. Any payment
made by an Applicable Participant pursuant to this paragraph to

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reimburse an Issuing Bank for any LC Disbursement (other than the funding of ABR
Revolving Loans or a Swingline Loan as contemplated above) shall not constitute
a Loan and shall not relieve any Borrower of its obligation to reimburse such LC
Disbursement.
(f)    Obligations Absolute. The Borrowers’ respective obligations to reimburse
LC Disbursements as provided in paragraph (e) of this Section shall be absolute,
unconditional and irrevocable, and shall be performed strictly in accordance
with the terms of this Agreement under any and all circumstances whatsoever and
irrespective of (i) any lack of validity or enforceability of any Letter of
Credit or this Agreement, or any term or provision therein, (ii) any draft or
other document presented under a Letter of Credit proving to be forged,
fraudulent or invalid in any respect or any statement therein being untrue or
inaccurate in any respect, (iii) payment by the relevant Issuing Bank under a
Letter of Credit against presentation of a draft or other document that does not
comply with the terms of such Letter of Credit, or (iv) any other event or
circumstance whatsoever, whether or not similar to any of the foregoing, that
might, but for the provisions of this Section, constitute a legal or equitable
discharge of, or provide a right of setoff against, any Borrower’s obligations
hereunder. Neither the Administrative Agent, the Revolving Lenders nor the
Issuing Banks, nor any of their Related Parties, shall have any liability or
responsibility by reason of or in connection with the issuance or transfer of
any Letter of Credit or any payment or failure to make any payment thereunder
(irrespective of any of the circumstances referred to in the preceding
sentence), or any error, omission, interruption, loss or delay in transmission
or delivery of any draft, notice or other communication under or relating to any
Letter of Credit (including any document required to make a drawing thereunder),
any error in interpretation of technical terms or any consequence arising from
causes beyond the control of the relevant Issuing Bank; provided that the
foregoing shall not be construed to excuse the relevant Issuing Bank from
liability to the Borrowers to the extent of any direct damages (as opposed to
consequential damages, claims in respect of which are hereby waived by the
Borrowers to the extent permitted by applicable law) suffered by any Borrower
that are caused by the relevant Issuing Bank’s failure to exercise care when
determining whether drafts and other documents presented under a Letter of
Credit comply with the terms thereof. The parties hereto expressly agree that,
in the absence of bad faith, gross negligence or willful misconduct on the part
of the relevant Issuing Bank (as finally determined by a court of competent
jurisdiction), such Issuing Bank shall be deemed to have exercised care in each
such determination. In furtherance of the foregoing and without limiting the
generality thereof, the parties agree that, with respect to documents presented
which appear on their face to be in substantial compliance with the terms of a
Letter of Credit, the relevant Issuing Bank may, in its sole discretion, either
accept and make payment upon such documents without responsibility for further
investigation, regardless of any notice or information to the contrary, or
refuse to accept and make payment upon such documents if such documents are not
in strict compliance with the terms of such Letter of Credit.
(g)    Disbursement Procedures. The relevant Issuing Bank shall, promptly
following its receipt thereof, examine all documents purporting to represent a
demand for payment under a Letter of Credit. The relevant Issuing Bank shall
promptly notify the Administrative Agent and the Borrower Agent by telephone
(confirmed by telecopy or transmission by electronic communication in accordance
with Section 9.01(b)) of such demand for payment and whether such Issuing Bank
has made or will make an LC Disbursement thereunder; provided that any failure
to give or delay in giving such notice shall not relieve the applicable Borrower
of its obligation to reimburse the relevant Issuing Bank and the Applicable
Participants with respect to any such LC Disbursement (other than with respect
to the timing of such reimbursement obligation set forth in clause (e) of this
Section).
(h)    Interim Interest. If an Issuing Bank shall make any LC Disbursement,
then, unless the applicable Borrower shall reimburse such LC Disbursement in
full on the date such LC Disbursement is made, the unpaid amount thereof shall
bear interest, for each day from and including the date such LC Disbursement is
made to but excluding the date that the applicable Borrower reimburses such LC
Disbursement, at the rate per annum then applicable to ABR Revolving Loans;
provided that, if the applicable Borrower fails to reimburse such LC
Disbursement when due pursuant to paragraph (e) of this Section, then
Section 2.12(d) shall apply. Interest accrued pursuant to this paragraph shall
be for the account of the relevant Issuing Bank, except that interest accrued on
and after the date of payment by any Applicable Participant pursuant to
paragraph (e) of this Section to reimburse such Issuing Bank shall be for the
account of such Applicable Participant to the extent of such payment.

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(i)    Replacement or Addition of Issuing Bank. Any Issuing Bank may be
replaced, or the LC Commitment of any Issuing Bank assigned, at any time by
written agreement among the applicable Borrowers, the Administrative Agent and
the successor or assignee Issuing Bank. The Administrative Agent shall notify
the Revolving Lenders of any replacement of an Issuing Bank. At the time any
such replacement or assignment shall become effective, the applicable Borrowers
shall pay all unpaid fees accrued for the account of the replaced or assigning
Issuing Bank pursuant to Section 2.11(b). From and after the effective date of
any such replacement or assignment, (i) the successor or assignee Issuing Bank
shall have all the rights and obligations of the assigning Issuing Bank under
this Agreement with respect to Letters of Credit to be issued thereafter and
(ii) references herein to the term “Issuing Bank” shall be deemed to refer to
such successor or assignee or to any previous Issuing Bank, or to such successor
and all previous Issuing Banks, as the context shall require. After the
replacement of an Issuing Bank or the assignment of an LC Commitment hereunder,
the replaced or assigning Issuing Bank shall remain a party hereto and shall
continue to have all the rights and obligations of an Issuing Bank under this
Agreement with respect to Letters of Credit issued by it prior to such
replacement or with respect to its remaining LC Commitment (if any), but, in the
case of a replacement, shall not be required to issue additional Letters of
Credit. A Lender may become an additional Issuing Bank hereunder at any time by
written agreement among the applicable Borrowers, the Administrative Agent and
such Lender. The Administrative Agent shall notify the Revolving Lenders of any
such additional Issuing Bank.
(j)    Cash Collateralization. If any Event of Default shall occur and be
continuing, on the Business Day that the Borrower Agent receives notice from the
Administrative Agent or the Required Lenders (or, if the maturity of the Loans
has been accelerated, (x) Global Revolving Lenders with Global LC Exposure
representing greater than 50% of the Global LC Exposure or (y) U.S. Revolving
Lenders with U.S. LC Exposure representing greater than 50% of the U.S. LC
Exposure, as applicable) demanding the deposit of cash collateral pursuant to
this paragraph, the applicable Borrowers shall deposit in an account with the
Administrative Agent, in the name of the Administrative Agent and for the
benefit of the Applicable Participants, an amount in cash and in the relevant
currencies equal to the Global LC Exposure and/or U.S. LC Exposure, as
applicable, as of such date plus any accrued and unpaid interest thereon,
provided that the obligation to deposit such cash collateral shall become
effective immediately, and such deposit shall become immediately due and
payable, without demand or other notice of any kind, upon the occurrence of any
Event of Default with respect to a Borrower or the Parent Entity described in
paragraph (h) or (i) of Article VII. The applicable Borrowers also shall deposit
cash collateral pursuant to this paragraph as and to the extent required by
Section 2.22(a)(iii). Such deposit shall be held by the Administrative Agent as
collateral for the payment and performance of the obligations of the Borrowers
under this Agreement. The Administrative Agent shall have exclusive dominion and
control, including the exclusive right of withdrawal, over such account. Other
than any interest earned on the investment of such deposits, which investments
shall be made at the Borrowers’ risk and expense, such deposits shall not bear
interest. Interest or profits, if any, on such investments shall accumulate in
such account. Monies in such account shall be applied by the Administrative
Agent to reimburse the relevant Issuing Bank for LC Disbursements for which it
has not been reimbursed and, to the extent not so applied, shall be held for the
satisfaction of the reimbursement obligations of the applicable Borrowers for
the Global LC Exposure and U.S. LC Exposure, as applicable, at such time or, if
the maturity of the Loans has been accelerated (but subject to the consent of
(x) Global Revolving Lenders with Global LC Exposure representing greater than
50% of the Global LC Exposure or (y) U.S. Revolving Lenders with U.S. LC
Exposure representing greater than 50% of the U.S. LC Exposure, as applicable),
be applied to satisfy other obligations of the applicable Borrowers under the
Loan Documents. If any Borrower is required to provide an amount of cash
collateral hereunder as a result of the occurrence of an Event of Default or
pursuant to Section 2.22(a), such amount plus any accrued interest or realized
profits with respect to such amounts (to the extent not applied as aforesaid)
shall be returned to such Borrower within three Business Days after all Events
of Default have been cured or waived or such collateral is no longer required
pursuant to 2.22(a), as applicable.
(k)    Rollover of Existing Letters of Credit and Other Letters of Credit. Each
of the Existing Letters of Credit outstanding under the Original Credit
Agreement on the Restatement Effective Date shall remain outstanding as (i) in
the case of Letters of Credit denominated in Dollars, U.S. Letters of Credit and
(ii) in the case of Letters of Credit denominated in any other currency, Global
Letters of Credit under this Agreement until otherwise returned or expired (in
each case without any pending drawing). Any letter of credit that was issued by
an Issuing Bank and is not a Letter of Credit will be deemed to be a Letter of
Credit issued under this Agreement on the

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date that the applicable Borrower, the Issuing Bank with respect to such letter
of credit and the Administrative Agent sign an instrument identifying such
letter of credit as a Letter of Credit under this Agreement; provided that such
instrument may only be executed if such letter of credit would be permitted to
be issued under this Agreement as a Letter of Credit on such date.
SECTION 2.06    Funding of Borrowings.
(a)    Each Lender shall make each Loan to be made by it hereunder on the
proposed date thereof by wire transfer of immediately available funds by (x) in
the case of Loans denominated in Dollars, 2:00 p.m., New York City time and
(y) in the case of Loans denominated in Alternative Currencies, 12:00 noon,
Local Time, in the city of the Administrative Agent’s applicable payment office
for such Alternative Currency, to the account of the Administrative Agent most
recently designated by it for such purpose by notice to the Lenders in an amount
equal to such Lender’s Loan to be made on such date; provided that Swingline
Loans shall be made as provided in Section 2.04. The Administrative Agent will
make such Loans available to the applicable Borrower by promptly crediting the
amounts so received, in like funds, to an account designated by the Borrower
Agent in the applicable Borrowing Request (i) in the case of Loans denominated
in Dollars, in New York City, (ii) in the case of Loans denominated in Euro or
Sterling, in London, (iii) in the case of Loans denominated in Canadian Dollars,
in Toronto, Canada, and (iv) in the case of Loans denominated in Mexican Pesos,
in Mexico City, Mexico and in each case designated by the Borrower Agent in the
applicable Borrowing Request, provided that (x) Revolving Loans made to finance
the reimbursement of an LC Disbursement as provided in Section 2.05(e) shall be
remitted by the Administrative Agent to the applicable Issuing Bank or, to the
extent that Applicable Participants have made payments pursuant to
Section 2.05(e) to reimburse such Issuing Bank, then to such Applicable
Participants and the applicable Issuing Bank as their interests may appear and
(y) proceeds of Tranche A Term Loans made pursuant to the Tranche A Term
Commitments shall be made available to the U.S. Parent Borrower on the
Restatement Effective Date.
(b)    Unless the Administrative Agent shall have received notice from a Lender
prior to the proposed date of any Borrowing that such Lender will not make
available to the Administrative Agent such Lender’s share of such Borrowing, the
Administrative Agent may assume that such Lender has made such share available
on such date in accordance with paragraph (a) of this Section and may, in
reliance upon such assumption, make available to the applicable Borrower a
corresponding amount. In such event, if a Lender has not in fact made its share
of the applicable Borrowing available to the Administrative Agent, then the
applicable Lender and the applicable Borrower severally agree to pay to the
Administrative Agent forthwith on demand such corresponding amount with interest
thereon, for each day from and including the date such amount is made available
to the applicable Borrower to but excluding the date of payment to the
Administrative Agent, at (i) in the case of such Lender, (x) if such Borrowing
is denominated in Dollars, the greater of the Federal Funds Effective Rate and a
rate determined by the Administrative Agent in accordance with banking industry
rules on interbank compensation, and (y) if such Borrowing is denominated in an
Alternative Currency, the rate reasonably determined by the Administrative Agent
to be the cost to it of funding such amount, or (ii) in the case of the
Borrowers, the interest rate applicable to (i) in the case of Loans denominated
in Dollars, ABR Loans and (ii) in the case of Loans denominated in Alternative
Currencies, such Loan. If such Lender pays such amount to the Administrative
Agent, then such amount shall constitute such Lender’s Loan included in such
Borrowing.
SECTION 2.07    Interest Elections.
(a)    Subject to Section 2.02(b), each Borrowing initially shall be of the Type
specified in the applicable Borrowing Request and, (i) in the case of a
Eurocurrency Borrowing, shall have an initial Interest Period as specified in
such Borrowing Request and (ii) in the case of BA Drawings, shall have an
initial Contract Period as specified in such Borrowing Request. Thereafter, the
Borrower Agent may elect to convert such Borrowing to a different Type, to
convert BA Drawings to Canadian Prime Rate Loans, to convert Canadian Prime Rate
Loans into BA Drawings, or to continue such Borrowing and, in the case of a
Eurocurrency Borrowing, may elect Interest Periods therefor, all as provided in
this Section; provided that the Borrowers may not elect to convert any Borrowing
denominated in an Alternative Currency to an ABR Borrowing and may not change
the currency in which any Borrowing is denominated. The Borrowers may elect
different options with respect to different portions of the

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affected Borrowing, in which case each such portion shall be allocated ratably
among the Lenders holding the Loans comprising such Borrowing, and the Loans
comprising each such portion shall be considered a separate Borrowing. This
Section shall not apply to Swingline Loans, which may not be converted or
continued.
(b)    To make an election pursuant to this Section, the Borrower Agent shall
notify the Administrative Agent of such election by telephone by the time that a
Borrowing Request would be required under Section 2.03 if the Borrower Agent
were requesting a Revolving Borrowing of the Type resulting from such election
to be made on the effective date of such election, subject to paragraph (f)
below in the case of BA Drawings. Each such telephonic Interest Election Request
shall be confirmed promptly by hand delivery or telecopy or transmission by
electronic communication in accordance with Section 9.01(b) to the
Administrative Agent of a written Interest Election Request in a form attached
hereto as Exhibit B-2 or such other form approved by the Administrative Agent
and signed by the Borrower Agent. Notwithstanding any contrary provision herein,
this Section shall not be construed to permit a Borrower to (i) elect an
Interest Period for Eurocurrency Loans that does not comply with Section 2.02(d)
or a Contract Period for a BA Borrowing that does not comply with
Section 2.02(d) or (ii) convert any Borrowing to a Borrowing of a Type not
available under the Class of Commitments pursuant to which such Borrowing was
made.
(c)    Each telephonic and written Interest Election Request shall specify the
following information in compliance with Section 2.02:
(i)    the Facility and the Borrowing to which such Interest Election Request
applies, the relevant currency, and, if different options are being elected with
respect to different portions thereof, the portions thereof to be allocated to
each resulting Borrowing (in which case the information to be specified pursuant
to clauses (iii) and (iv) below shall be specified for each resulting
Borrowing);
(ii)    the effective date of the election made pursuant to such Interest
Election Request, which shall be a Business Day;
(iii)    whether the resulting Borrowing is to be an ABR Borrowing, a
Eurocurrency Borrowing, a Canadian Prime Rate Borrowing or a BA Drawing;
(iv)    if the resulting Borrowing is a Eurocurrency Borrowing, the Interest
Period to be applicable thereto after giving effect to such election, which
Interest Period shall be a period contemplated by the definition of the term
“Interest Period”; and
(v)    if the resulting Borrowing is a BA Drawing, the Contract Period to be
applicable thereto after giving effect to such election, which shall be a period
contemplated by the definition of “Contract Period.”
If any such Interest Election Request requests a Eurocurrency Borrowing but does
not specify an Interest Period, then the Borrower Agent shall be deemed to have
selected an Interest Period of one month’s duration. If any such Interest
Election Request requests a BA Drawing but does not specify a Contract Period,
the applicable Borrower shall be deemed to have selected a Contract Period of 30
days.
(d)    Promptly following receipt of an Interest Election Request, the
Administrative Agent shall advise each applicable Lender of the details thereof
and of such Lender’s portion of each resulting Borrowing.
(e)    If a Borrower fails to deliver a timely Interest Election Request with
respect to a Eurocurrency Borrowing prior to the end of the Interest Period
applicable thereto, then, unless such Borrowing is repaid as provided herein, at
the end of such Interest Period, such Borrowing shall be converted to an ABR
Borrowing (unless such Borrowing is denominated in an Alternative Currency, in
which case such Borrower shall be deemed to have selected an Interest Period of
one month for such Borrowing). Notwithstanding any contrary provision hereof, if
an Event of Default has occurred and is continuing and the Administrative Agent,
at the request of the Required Lenders, so notifies the Borrower Agent, then, so
long as an Event of Default is continuing (i) no

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outstanding Revolving Borrowing denominated in an Alternative Currency (other
than Canadian Dollars) may be continued for an Interest Period of more than one
month’s duration, (ii) no outstanding Borrowing denominated in Dollars may be
converted to or continued as a Eurocurrency Borrowing, (iii) no outstanding
Loans denominated in Canadian Dollars may be converted to or continued as BA
Drawings and (iv) unless repaid, (A) each Eurocurrency Borrowing denominated in
Dollars shall be converted to an ABR Borrowing at the end of the Interest Period
applicable thereto, (B) each BA Drawing shall be converted to, or repaid with
the proceeds of, a Canadian Prime Rate Borrowing at the end of the Contract
Period applicable thereto, (C) each Eurocurrency Borrowing denominated in Euro
or Sterling shall be converted at the end of the Interest Period applicable
thereto to a Eurocurrency Borrowing with an Interest Period of one month (or
such shorter period as may be determined by the Administrative Agent in its
discretion) and (D) each Eurocurrency Borrowing denominated in Mexican Pesos
shall be converted at the end of the Interest Period applicable thereto to a
Eurocurrency Borrowing with an Interest Period of one month (or such shorter
period as may be determined by the Administrative Agent in its discretion).
(f)    At or before 12:00 noon (Local Time) three Business Days before the last
day of the Contract Period of any BA Drawing, the applicable Borrower shall give
to the Administrative Agent its written Interest Election Request in respect of
such BA Drawing which shall specify either that such Borrower intends to repay
the maturing B/As on such date or to continue to issue B/As on such date to
provide for the payment of the maturing B/As. If a Borrower fails to deliver
such timely notice with respect to a BA Drawing prior to the end of the Contract
Period applicable thereto, then, unless such Borrowing is repaid as provided
herein, at the end of such Contract Period such Borrowing shall be converted to
Canadian Prime Rate Loans. Upon the conversion to or continuation of any
Borrowing or portion thereof as a BA Drawing, the Discount Proceeds that would
otherwise be payable to the applicable Borrower by each Global Revolving Lender
pursuant to Section 2.23(d) in respect of such new BA Drawing shall be applied
against the principal amount of such Borrowing (in the case of a conversion) or
the reimbursement obligation owed to such Lender in respect of such maturing
B/As (in the case of a continuation) (collectively, the “maturing amounts”) and
such Borrower shall pay to such Global Revolving Lender an amount equal to the
excess of the maturing amounts over such Discount Proceeds.
SECTION 2.08    Termination and Reduction of Commitments.
(a)    The Tranche A Term Commitment shall terminate on the Restatement
Effective Date upon the borrowing of the Tranche A Term Loans. Unless previously
terminated, all Revolving Commitments shall terminate on the Revolving Credit
Maturity Date. The Extended Revolving Commitments shall terminate on the
respective maturity dates applicable thereto.
(b)    The Borrower Agent may at any time terminate, or from time to time
reduce, the Revolving Commitments of any Class; provided that (i) each reduction
of the Revolving Commitments of any Class shall be in an amount that is an
integral multiple of $1,000,000 and not less than $10,000,000 (or, if less, the
remaining amount of such Commitments), and (ii) the Borrower Agent shall not
terminate or reduce either Class of the Revolving Commitments if, after giving
effect to any concurrent prepayment of the Revolving Loans of such Class in
accordance with Section 2.10, the aggregate Revolving Exposures of such Class
(excluding, in the case of any termination of the Global Revolving Commitments
or U.S. Revolving Commitments, the portion of the Global Revolving Exposures or
U.S. Revolving Exposures attributable to outstanding Global Letters of Credit or
U.S. Letters of Credit, as applicable, if and to the extent that the applicable
Borrowers have made arrangements satisfactory to the Administrative Agent and
the applicable Issuing Bank with respect to such Global Letters of Credit or
U.S. Letters of Credit, as applicable, and such Issuing Bank has released the
Applicable Participants from their participation obligations with respect to
such Global Letters of Credit or U.S. Letters of Credit, as applicable) would
exceed the aggregate Revolving Commitments of such Class.
(c)    The Borrower Agent shall notify the Administrative Agent of any election
to terminate or reduce the Revolving Commitments under paragraph (b) of this
Section at least three (3) Business Days prior to the effective date of such
termination or reduction, specifying such election and the effective date
thereof. Promptly following receipt of any notice, the Administrative Agent
shall advise the Lenders of the contents thereof. Each notice delivered by the
Borrower Agent pursuant to this Section shall be irrevocable; provided that a
notice of termination of the Revolving Commitments delivered by the Borrower
Agent may state that such notice is

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conditioned upon the effectiveness of other credit facilities or instruments of
Indebtedness or other transaction, in which case such notice may be revoked by
the Borrower Agent (by notice to the Administrative Agent on or prior to the
specified effective date) if such condition is not satisfied. Any termination or
reduction of the Revolving Commitments of any Class shall be permanent. Each
reduction of the Revolving Commitments of any Class shall, except as provided in
Section 2.20, be made ratably among the Lenders in accordance with their
respective Revolving Commitments of such Class.
SECTION 2.09    Repayment of Loans and B/As; Evidence of Debt.
(a)    Each Borrower hereby unconditionally promises to pay (i) to the
Administrative Agent for the account of each Lender, the then unpaid principal
amount of each Revolving Loan made to such Borrower on the Revolving Credit
Maturity Date in the currency in which such Loan is denominated and to the
Swingline Lender the then unpaid principal amount of each Swingline Loan in
Dollars on the earlier of the Revolving Credit Maturity Date and the first date
after such Swingline Loan is made that is the 15th or last day of a calendar
month and is at least three (3) Business Days after such Swingline Loan is made;
provided that on each date that a Revolving Loan is made, the applicable
Borrowers shall repay all Swingline Loans then outstanding.
(b)    (i) The U.S. Parent Borrower promises to repay in Dollars the Tranche A
Term Loans at the dates following the Restatement Effective Date and in the
amounts set forth below:
Date
Amount
December 31, 2017
$2,500,000
March 31, 2018
$2,500,000
June 30, 2018
$2,500,000
September 30, 2018
$2,500,000
December 31, 2018
$5,000,000
March 31, 2019
$5,000,000
June 30, 2019
$5,000,000
September 30, 2019
$5,000,000
December 31, 2019
$10,000,000
March 31, 2020
$10,000,000
June 30, 2020
$10,000,000
September 30, 2020
$10,000,000
Term Loan A Maturity Date
$330,000,000

provided, however, that the U.S. Parent Borrower shall repay the entire unpaid
principal amount of the Tranche A Term Loans on the Term Loan A Maturity Date.
(ii)    On the Restatement Effective Date the Original Revolving Commitments
shall terminate and the U.S. Parent Borrower shall prepay all Original Tranche A
Term Loans (which Original Tranche A Term Loans shall be prepaid with the
proceeds of the Tranche A Term Loans made on the Restatement Effective Date) and
all Original Revolving Loans outstanding under the Original Credit Agreement
immediately prior to the Restatement Effective Date on the Restatement Effective
Date together with all accrued and unpaid interest and fees (if any) thereon and
on the Existing Letters of Credit.
(iii)    Each Lender shall maintain in accordance with its usual practice an
account or accounts evidencing the indebtedness of the Borrowers to such Lender
resulting from each Loan made by such Lender, including the amounts of principal
and interest payable and paid to such Lender from time to time hereunder.

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(c)    The Administrative Agent shall maintain accounts in which it shall record
(i) the amount and currency of each Loan made hereunder, the Class and Type
thereof and the Interest Period applicable thereto, (ii) the amount of any
principal or interest due and payable or to become due and payable from the
Borrowers to each Lender hereunder and (iii) the amount and currency of any sum
received by the Administrative Agent hereunder for the account of the Lenders
and each Lender’s share thereof.
(d)    The entries made in the accounts maintained pursuant to paragraph (c) or
(d) of this Section shall be prima facie evidence of the existence and amounts
of the obligations recorded therein absent manifest error; provided that the
failure of any Lender or the Administrative Agent to maintain such accounts or
any error therein shall not in any manner affect the obligation of any Borrower
to repay the Loans in accordance with the terms of this Agreement.
(e)    Any Lender may request that Loans made by it be evidenced by promissory
notes. In such event, the applicable Borrowers shall prepare, execute and
deliver to such Lender promissory notes payable to such Lender and its
registered assigns and in a form approved by the Administrative Agent.
Thereafter, the Loans evidenced by such promissory notes and interest thereon
shall at all times (including after assignment pursuant to Section 9.04 of this
Agreement) be represented by one or more promissory notes in such form payable
to the payee named therein and its registered assigns.
SECTION 2.10    Prepayment of Loans and B/As.
(a)    Optional Prepayments. (i) The Borrowers shall have the right at any time
and from time to time to prepay any Borrowing of any Class in whole or in part,
without premium or penalty, subject to prior notice in accordance with
paragraph (a)(ii) of this Section except that the Borrowers shall not prepay any
BA Drawings except on the last day of the Contract Period applicable thereto
(subject to any mandatory prepayment requirements hereunder).
(ii)    The Borrower Agent shall notify the Administrative Agent (and, in the
case of prepayment of a Swingline Loan, the Swingline Lender) by telephone
(confirmed by telecopy or transmission by electronic communication in accordance
with Section 9.01(b)) of any prepayment hereunder (x) in the case of prepayment
of a Eurocurrency Borrowing, not later than 11:00 a.m., New York City time,
three (3) Business Days before the date of prepayment (or, in the case of a
Eurocurrency Borrowing denominated in an Alternative Currency, not later than
11:00 a.m., Local Time, four (4) Business Days before the date of prepayment),
(y) in the case of prepayment of an ABR Borrowing, not later than 11:00 a.m.,
New York City time, on the date of prepayment or (z) in the case of prepayment
of a Swingline Loan, not later than 12:00 noon, New York City time, on the date
of prepayment. Each such notice shall be irrevocable and shall specify the
prepayment date, the Class or Classes of Loans to be repaid and the principal
amount of each Borrowing or portion thereof to be prepaid; provided that, a
notice of prepayment delivered by a Borrower may state that such notice is
conditioned upon the effectiveness of other credit facilities or instruments of
Indebtedness or other transaction, in which case such notice may be revoked by
the Borrower Agent (by notice to the Administrative Agent on or prior to the
specified effective date) if such condition is not satisfied. Promptly following
receipt of any such notice relating to a Borrowing, the Administrative Agent
shall advise the Lenders of the contents thereof. Each partial prepayment of any
Borrowing shall be in an amount that would be permitted in the case of an
advance of a Revolving Borrowing of the same Type as provided in Section 2.02.
Each prepayment of Term Loans pursuant to this Section 2.10(a) shall be applied
to repayments thereof required pursuant to Section 2.09(b) in the order selected
by the Borrower Agent. Each prepayment of a Borrowing shall be applied ratably
to the Loans included in the notice of prepayment. Prepayments pursuant to this
Section 2.10(a) shall be accompanied by accrued interest to the extent required
by Section 2.12 and shall be subject to Section 2.15.
(b)    Mandatory Prepayments. (i) In the event and on such occasion that the
aggregate Global Revolving Exposures or aggregate U.S. Revolving Exposures
exceed the aggregate Revolving Commitments of such Class, the applicable
Borrowers shall prepay Revolving Borrowings of such Class or, if applicable,
Swingline Loans of such Class (or, if no such Borrowings are outstanding,
deposit cash collateral in an account with the Administrative Agent pursuant to
Section 2.05(j)) in an aggregate amount equal to such excess); provided that if
any

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such excess shall result from a change in the applicable exchange rates relating
to Alternative Currencies, then such prepayment and/or cash collateralization
shall only be required to be made by the applicable Borrowers upon one Business
Day’s notice from the Administrative Agent.
(ii)    If, following the Restatement Effective Date, any Restricted Subsidiary
of the Parent Entity (other than a Loan Party) incurs or issues any Indebtedness
not expressly permitted to be incurred or issued pursuant to Section 6.01
(without prejudice to the restrictions therein), the U.S. Parent Borrower shall
apply an amount equal to 100% of such Net Cash Proceeds received by the Parent
Entity or any Restricted Subsidiary therefrom to the prepayment of Term Loans in
accordance with Section 2.10(b)(iv) on or prior to the date which is three (3)
Business Days after the receipt of such Net Cash Proceeds.
(iii)    The Borrower Agent shall notify the Administrative Agent in writing of
any mandatory prepayment of Term Loans required to be made pursuant to
clauses (i) through (iii) of this Section 2.10(b) at least three (3) Business
Days prior to the date of such prepayment. Each such notice shall specify the
date of such prepayment and provide a reasonably detailed calculation of the
amount of such prepayment.
(iv)    Each prepayment of Term Loans pursuant to this Section 2.10(b) shall be
applied to each Class of Term Loans, and to the scheduled amortization payments
thereunder, in each case as directed by the Borrower Agent.
(v)    Any prepayment of Term Loans pursuant to this Section 2.10(b) shall be
accompanied by accrued interest to the extent required by Section 2.12 and shall
be subject to Section 2.15.
(c)    (i)  Notwithstanding anything to the contrary in Section 2.10(a) (which
provisions shall not be applicable to this Section 2.10(c)), the Borrowers shall
have the right at any time and from time to time to prepay Term Loans from
Lenders electing to participate in such prepayments at a discount to the par
value of such Term Loans and on a non-pro rata basis (each, a “Discounted
Voluntary Prepayment”) pursuant to the procedures described in this
Section 2.10(c); provided that no Discounted Voluntary Prepayment shall be made
unless (A) immediately after giving effect to such Discounted Voluntary
Prepayment, (i) no Event of Default has occurred and is continuing and no Loans
are outstanding under the Revolving Facilities and (ii) the Parent Entity and
its Restricted Subsidiaries are in compliance on a Pro Forma Basis with the
covenant contained in Section 6.08 as of the last day of the most recent fiscal
quarter of the Parent Entity for which financial statements have been delivered
pursuant to Section 5.01(a) or (b), (B) any Discounted Voluntary Prepayment
shall be offered to all Lenders with Term Loans on a pro rata basis and (C) the
applicable Borrower on the date such Discounted Voluntary Prepayment is made
shall deliver to the Administrative Agent a certificate of a Responsible Officer
of such Borrower stating (1) that no Event of Default has occurred and is
continuing or would result from the Discounted Voluntary Prepayment and (2) that
each of the conditions to such Discounted Voluntary Prepayment contained in this
Section 2.10(c) has been satisfied or waived.
(ii)    To the extent a Borrower seeks to make a Discounted Voluntary
Prepayment, such Borrower will provide written notice to the Administrative
Agent substantially in the form of Exhibit G hereto (each, a “Discounted
Prepayment Option Notice”) that such Borrower desires to prepay Term Loans in an
aggregate principal amount specified therein by such Borrower (each, a “Proposed
Discounted Prepayment Amount”), in each case at a discount to the par value of
such Term Loans as specified below. The Proposed Discounted Prepayment Amount of
Term Loans shall not be less than $50,000,000. The Discounted Prepayment Option
Notice shall further specify with respect to the proposed Discounted Voluntary
Prepayment: (A) the Proposed Discounted Prepayment Amount for Term Loans and the
Class of Term Loans to which such offer relates, (B) a discount range (which may
be a single percentage) selected by the applicable Borrower with respect to such
proposed Discounted Voluntary Prepayment equal to a percentage of par of the
principal amount of such Term Loans (the “Discount Range”) and (C) the date by
which Lenders are required to indicate their election to participate in such
proposed Discounted Voluntary Prepayment which shall be at least five Business
Days following the date of the Discounted Prepayment Option Notice (the
“Acceptance Date”).

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(iii)    Upon receipt of a Discounted Prepayment Option Notice in accordance
with Section 2.10(c)(ii), the Administrative Agent shall promptly notify each
applicable Lender thereof. On or prior to the Acceptance Date, each Lender with
Term Loans may specify by written notice substantially in the form of Exhibit H
hereto (each, a “Lender Participation Notice”) to the Administrative Agent (A) a
maximum discount to par (the “Acceptable Discount”) within the Discount Range
(for example, a Lender specifying a discount to par of 20% would accept a
prepayment price of 80% of the par value of the Term Loans to be prepaid) and
(B) a maximum principal amount (subject to rounding requirements specified by
the Administrative Agent) of Term Loans of each Class held by such Lender with
respect to which such Lender is willing to permit a Discounted Voluntary
Prepayment at the Acceptable Discount (“Offered Loans”). Based on the Acceptable
Discounts and principal amounts of Term Loans specified by the Lenders in Lender
Participation Notices, the Administrative Agent, in consultation with the
applicable Borrower, shall calculate the applicable discount for Term Loans (the
“Applicable Discount”), which Applicable Discount shall be (A) the percentage
specified by such Borrower if such Borrower has selected a single percentage
pursuant to Section 2.10(c)(ii) for the Discounted Voluntary Prepayment or
(B) otherwise, the highest Acceptable Discount at which such Borrower can pay
the Proposed Discounted Prepayment Amount in full (determined by adding the
principal amounts of Offered Loans commencing with the Offered Loans with the
highest Acceptable Discount); provided, however, that in the event that such
Proposed Discounted Prepayment Amount cannot be repaid in full at any Acceptable
Discount, the Applicable Discount shall be the lowest Acceptable Discount
specified by the Lenders that is within the Discount Range. The Applicable
Discount shall be applicable for all Lenders who have offered to participate in
the Discounted Voluntary Prepayment and have Qualifying Loans (as defined
below). Any Lender with outstanding Term Loans under the applicable Class whose
Lender Participation Notice is not received by the Administrative Agent by the
Acceptance Date shall be deemed to have declined to accept a Discounted
Voluntary Prepayment of any of its Term Loans at any discount to their par value
within the Applicable Discount.
(iv)    The applicable Borrower shall make a Discounted Voluntary Prepayment by
prepaying those Term Loans (or the respective portions thereof) offered by the
Lenders (“Qualifying Lenders”) that specify an Acceptable Discount that is equal
to or greater than the Applicable Discount (“Qualifying Loans”) at the
Applicable Discount; provided that if the aggregate proceeds required to prepay
all Qualifying Loans (disregarding any interest payable at such time) would
exceed the amount of aggregate proceeds required to prepay the Proposed
Discounted Prepayment Amount, such amounts in each case calculated by applying
the Applicable Discount, the applicable Borrower shall prepay such Qualifying
Loans ratably among the Qualifying Lenders based on their respective principal
amounts of such Qualifying Loans (subject to rounding requirements specified by
the Administrative Agent). If the aggregate proceeds required to prepay all
Qualifying Loans (disregarding any interest payable at such time) would be less
than the amount of aggregate proceeds required to prepay the Proposed Discounted
Prepayment Amount, such amounts in each case calculated by applying the
Applicable Discount, the applicable Borrower shall prepay all Qualifying Loans.
(v)    Each Discounted Voluntary Prepayment shall be made within five Business
Days of the Acceptance Date, without premium or penalty (and without any amounts
due under Section 2.15), upon irrevocable notice substantially in the form of
Exhibit I hereto (each a “Discounted Voluntary Prepayment Notice”), delivered to
the Administrative Agent no later than 1:00 p.m. Local Time, two Business Days
prior to the date of such Discounted Voluntary Prepayment, which notice shall
specify the date and amount of the Discounted Voluntary Prepayment and the
Applicable Discount determined by the Administrative Agent. Upon receipt of any
Discounted Voluntary Prepayment Notice the Administrative Agent shall promptly
notify each relevant Lender thereof. If any Discounted Voluntary Prepayment
Notice is given, the amount specified in such notice shall be due and payable to
the applicable Lenders, subject to the Applicable Discount on the applicable
Term Loans, on the date specified therein together with accrued interest (on the
par principal amount) to, but not including, such date on the amount prepaid.
(vi)    To the extent not expressly provided for herein, each Discounted
Voluntary Prepayment shall be consummated pursuant to reasonable procedures
(including as to timing, rounding, minimum amounts, Type and Interest Periods
and calculation of Applicable Discount in accordance with Section 2.10(c)(iii)
above) reasonably established by the Administrative Agent and the Borrower
Agent.

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(vii)    Prior to the delivery of a Discounted Voluntary Prepayment Notice, upon
written notice to the Administrative Agent, the applicable Borrower may withdraw
its offer to make a Discounted Voluntary Prepayment pursuant to any Discounted
Prepayment Option Notice.
(viii)    To the extent the Term Loans are prepaid pursuant to Section 2.10(c),
scheduled amortization amounts for the Term Loans of such Class under
Section 2.09 shall be reduced on such basis as shall be directed by the
Borrower.
SECTION 2.11    Fees.
(a)    The Borrowers agree to pay to the Administrative Agent in Dollars for the
account of each Global Revolving Lender a facility fee, which shall accrue at
the Applicable Rate on the average daily amount of the Global Revolving
Commitment of such Lender (or, if the Global Revolving Commitment of such Lender
has terminated, on the average daily amount of the Global Revolving Exposure of
such Lender) during the period from and including the Restatement Effective Date
to but excluding the date on which such Global Revolving Commitment terminates
and such Lender’s Global Revolving Exposure has been reduced to zero and
(ii) the Borrowers agree to pay to the Administrative Agent in Dollars for the
account of each U.S. Revolving Lender a facility fee, which shall accrue at the
Applicable Rate on the average daily amount of the U.S. Revolving Commitment of
such Lender (or, if the U.S. Revolving Commitment of such Lender has terminated,
on the U.S. Revolving Exposure of such Lender) during the period from and
including the Restatement Effective Date to but excluding the date on which such
U.S. Revolving Commitment terminates and such Lender’s U.S. Revolving Exposure
is reduced to zero. Accrued facility fees shall be payable in arrears on the
last day of March, June, September and December of each year and on the date on
which the Revolving Commitments terminate and the Revolving Exposure is reduced
to zero, commencing on the first such date to occur after the Restatement
Effective Date. All facility fees shall be computed on the basis of a year of
360 days and shall be payable for the actual number of days elapsed (including
the first day but excluding the last day).
(b)    The Borrowers agree to pay (i) to the Administrative Agent in Dollars for
the account of each Global Revolving Lender a participation fee with respect to
its participations in Global Letters of Credit, which shall accrue at the same
Applicable Rate used to determine the interest rate applicable to Eurocurrency
Revolving Loans on the average daily amount of such Global Revolving Lender’s
Global LC Exposure (excluding any portion thereof attributable to unreimbursed
LC Disbursements with respect to Global Letters of Credit following the date of
the applicable LC Disbursement) during the period from and including the
Restatement Effective Date to but excluding the later of the date on which such
Global Revolving Lender’s Global Revolving Commitment terminates and the date on
which such Global Revolving Lender ceases to have any Global LC Exposure,
(ii) to the Administrative Agent in Dollars for the account of each U.S.
Revolving Lender a participation fee with respect to its participations in U.S.
Letters of Credit, which shall accrue at the same Applicable Rate used to
determine the interest rate applicable to Eurocurrency Revolving Loans on the
average daily amount of such U.S. Revolving Lender’s U.S. LC Exposure (excluding
any portion thereof attributable to unreimbursed LC Disbursements with respect
to U.S. Letters of Credit following the date of the applicable LC Disbursement)
during the period from and including the Restatement Effective Date to but
excluding the later of the date on which such U.S. Revolving Lender’s U.S.
Revolving Commitment terminates and the date on which such U.S. Revolving Lender
ceases to have any U.S. LC Exposure and (iii) to each Issuing Bank a fronting
fee in Dollars, which shall accrue at the rate of 0.125% per annum on the
average daily amount of the LC Exposure (excluding any portion thereof
attributable to unreimbursed LC Disbursements) attributable to Letters of Credit
issued by such Issuing Bank during the period from and including the Restatement
Effective Date to but excluding the later of the date of termination of the
Revolving Commitments and the date on which there ceases to be any LC Exposure
with respect to Letters of Credit issued by such Issuing Bank, as well as such
Issuing Bank’s standard fees and commissions with respect to the issuance,
amendment, cancellation, negotiation, transfer, presentment, renewal or
extension of any Letter of Credit or processing of drawings thereunder. Unless
otherwise specified above, participation fees and fronting fees accrued through
and including the last day of March, June, September and December of each year
shall be payable on the third (3rd) Business Day following such last day,
commencing on the first such date to occur after the Restatement Effective Date;
provided that all such fees shall be payable on the date on which such Revolving
Commitments of the applicable Class terminate and any such fees accruing after
the date on which the Revolving Commitments

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terminate shall be payable on demand. Any other fees payable to an Issuing Bank
pursuant to this paragraph shall be payable within ten (10) days after demand.
All participation fees and fronting fees shall be computed on the basis of a
year of 360 days and shall be payable for the actual number of days elapsed
(including the first day but excluding the last day).
(c)    The U.S. Parent Borrower agrees to pay to the Administrative Agent, for
its own account, fees payable in the amounts and at the times separately agreed
upon between the U.S. Parent Borrower and the Administrative Agent.
(d)    All fees payable hereunder shall be paid on the dates due, in Dollars and
immediately available funds, to the Administrative Agent (or to the relevant
Issuing Bank, in the case of fees payable to it) for distribution, in the case
of facility fees and participation fees, to the Lenders. Fees paid shall not be
refundable under any circumstances.
SECTION 2.12    Interest.
(a)    The Loans comprising each ABR Borrowing (including each Swingline Loan)
shall bear interest at the Alternate Base Rate in effect from time to time plus
the Applicable Rate.
(b)    The Loans comprising each Eurocurrency Borrowing shall bear interest at
the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus
the Applicable Rate.
(c)    The Loans comprising each Canadian Prime Rate Borrowing shall bear
interest at the Canadian Prime Rate for the Interest Period in effect for such
Borrowing plus the Applicable Rate.
(d)    Notwithstanding the foregoing, if any principal of or interest on any
Loan or any fee or other amount payable by a Borrower hereunder is not paid when
due, whether at stated maturity, upon acceleration or otherwise, such overdue
amount shall bear interest, after as well as before judgment, at a rate per
annum equal to (i) in the case of overdue principal of any Loan, 2% plus the
rate otherwise applicable to such Loan as provided in the preceding paragraphs
of this Section or (ii) in the case of any other amount, 2% plus (w) if such
amount is denominated in Dollars, the rate applicable to ABR Loans as provided
in paragraph (a) of this Section, (x) if such amount is denominated in Canadian
Dollars, the rate applicable to Canadian Prime Rate Loans as provided in
paragraph (c) of this Section, or (y) in the case of non-Dollar denominated
amounts Eurocurrency Loans denominated in such currency with a one month
Interest Period (or, in the case of Mexican Pesos, a 28-day Interest Period).
(e)    Accrued interest on each Loan shall be payable in the currency in which
such Loan is denominated in arrears on each Interest Payment Date for such Loan
and, in the case of Revolving Loans of any Class, upon termination of the
Revolving Commitments of such Class; provided that (i) interest accrued pursuant
to paragraph (e) of this Section shall be payable on demand, (ii) in the event
of any repayment or prepayment of any Loan (other than a prepayment of an ABR
Revolving Loan or Canadian Prime Rate Loan prior to the end of the Availability
Period or a Swingline Loan), accrued interest on the principal amount repaid or
prepaid shall be payable on the date of such repayment or prepayment and
(iii) in the event of any conversion of any Eurocurrency Loan prior to the end
of the current Interest Period therefor, accrued interest on such Loan shall be
payable on the effective date of such conversion.
(f)    All interest hereunder shall be computed on the basis of a year of
360 days, except that the Acceptance Fee, and interest computed by reference to
the Alternate Base Rate at times when the Alternate Base Rate is based on the
Prime Rate and interest on Loans denominated in Canadian Dollars or Sterling
shall be computed on the basis of a year of 365 days (or, except in the case of
the Acceptance Fee, 366 days in a leap year), and in each case shall be payable
for the actual number of days elapsed (including the first day but excluding the
last day). The applicable Alternate Base Rate, Canadian Prime Rate, Discount
Rate, Adjusted LIBO Rate, LIBO Rate or Euro LIBO Rate shall be determined by the
Administrative Agent in accordance with the provisions of this Agreement, and
such determination shall be conclusive absent manifest error.

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SECTION 2.13    Alternate Rate of Interest. If prior to the commencement of any
Interest Period for a Eurocurrency Borrowing denominated in any currency:
(a)    the Administrative Agent determines (which determination shall be
conclusive absent manifest error) that adequate and reasonable means do not
exist for ascertaining the Adjusted LIBO Rate for such Interest Period or
currency; or
(b)    the Administrative Agent is advised by the Required Lenders that the
Adjusted LIBO Rate for such Interest Period will not adequately and fairly
reflect the cost to such Lenders (or Lender) of making or maintaining their
Loans (or its Loan) included in such Borrowing for such Interest Period;
then the Administrative Agent shall give notice thereof to the Borrower Agent
and the Lenders by telephone or telecopy or transmission by electronic
communication in accordance with Section 9.01(b) as promptly as practicable
thereafter and, until the Administrative Agent notifies the Borrower Agent and
the Lenders that the circumstances giving rise to such notice no longer exist,
(i) any Interest Election Request that requests the conversion of any Borrowing
denominated in such currency to, or continuation of any Borrowing denominated in
such currency as, a Eurocurrency Borrowing shall be ineffective, and any
Eurocurrency Borrowing denominated in such currency that is requested to be
continued (A) if such currency is the Dollar, shall be converted to an ABR
Borrowing on the last day of the Interest Period applicable thereto and (B) if
such currency is an Alternative Currency, shall be repaid on the last day of the
Interest Period applicable thereto, and (ii) if any Borrowing Request requests a
Eurocurrency Borrowing denominated in such currency (A) if such currency is the
Dollar, such Borrowing shall be made as an ABR Borrowing and (B) if such
currency is an Alternative Currency, such Borrowing Request shall be
ineffective.
SECTION 2.14    Increased Costs.
(a)    If any Change in Law shall:
(i)    impose, modify or deem applicable any reserve, special deposit or similar
requirement against assets of, deposits with or for the account of, or credit
extended by, any Lender (except any such reserve requirement reflected in the
Adjusted LIBO Rate) or any Issuing Bank; or
(ii)    impose on any Lender or any Issuing Bank or the London interbank market
any other condition or Tax affecting this Agreement, Loans, Bankers’ Acceptances
or BA Equivalent Loans made by such Lender or any Letter of Credit or
participation therein (other than any Excluded Taxes or any Indemnified Taxes,
which are governed solely by Section 2.16);
and the result of any of the foregoing shall be to increase the cost to such
Lender of making or maintaining any Loan or of maintaining its obligation to
make any Loan to increase the cost to such Lender or such Issuing Bank of
participating in, issuing or maintaining any Letter of Credit, or to reduce the
amount of any sum received or receivable by such Lender or such Issuing Bank
hereunder, whether of principal, interest or otherwise, in each case by an
amount deemed by such Lender or such Issuing Bank to be material in the context
of its making of, and participation in, extensions of credit under this
Agreement, then, upon the request of such Lender or such Issuing Bank, the
applicable Borrowers will pay to such Lender or such Issuing Bank, as the case
may be, such additional amount or amounts as will compensate such Lender or such
Issuing Bank, as the case may be, for such additional costs incurred or
reduction suffered.
(b)    If any Lender or any Issuing Bank determines in good faith that any
Change in Law regarding capital or liquidity requirements has or would have the
effect of reducing the rate of return on such Lender’s or such Issuing Bank’s
capital or on the capital of such Lender’s or such Issuing Bank’s holding
company, if any, as a consequence of this Agreement or the Loans made by, or
participations in Letters of Credit held by, such Lender, or the Letters of
Credit issued by such Issuing Bank, to a level below that which such Lender or
such Issuing Bank or such Lender’s or such Issuing Bank’s holding company could
have achieved but for such Change in Law (taking into consideration such
Lender’s or such Issuing Bank’s policies and the policies of such Lender’s or
such Issuing Bank’s holding company with respect to capital adequacy), then from
time to time, upon the request of

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such Lender or such Issuing Bank, the applicable Borrowers will pay to such
Lender or such Issuing Bank, as the case may be, such additional amount or
amounts as will compensate such Lender or such Issuing Bank or such Lender’s or
such Issuing Bank’s holding company for any such reduction suffered.
(c)    A certificate of a Lender or an Issuing Bank setting forth in reasonable
detail the amount or amounts necessary to compensate such Lender or such Issuing
Bank or its holding company, as the case may be, as specified in paragraph (a)
or (b) of this Section shall be delivered to the Borrower Agent and shall be
conclusive absent manifest error. The applicable Borrowers shall pay such Lender
or such Issuing Bank, as the case may be, the amount shown as due on any such
certificate within ten (10) days after receipt thereof.
(d)    Failure or delay on the part of any Lender or any Issuing Bank to demand
compensation pursuant to this Section shall not constitute a waiver of such
Lender’s or such Issuing Bank’s right to demand such compensation; provided that
no Borrower shall be required to compensate a Lender or an Issuing Bank pursuant
to this Section for any increased costs or reductions incurred more than
180 days prior to the date that such Lender or such Issuing Bank, as the case
may be, notifies the Borrower Agent of the Change in Law giving rise to such
increased costs or reductions and of such Lender’s or such Issuing Bank’s
intention to claim compensation therefor; provided further that, if the Change
in Law giving rise to such increased costs or reductions is retroactive, then
the 180-day period referred to above shall be extended to include the period of
retroactive effect thereof.
(e)    Notwithstanding the foregoing, no Lender or Issuing Bank shall be
entitled to seek compensation under this Section 2.14 based on the occurrence of
a Change in Law arising solely from the Dodd-Frank Wall Street Reform and
Consumer Protection Act or any requests, rules, guidelines or directives
thereunder or issued in connection therewith, unless such Lender or Issuing Bank
is generally seeking compensation from other borrowers with respect to its
similarly affected commitments, loans and/or participations under agreements
with such borrowers having provisions similar to this Section 2.14.
SECTION 2.15    Break Funding Payments. In the event of (a) the payment of any
principal of any Eurocurrency Loan other than on the last day of an Interest
Period applicable thereto (including as a result of an Event of Default or as a
result of any prepayment pursuant to Section 2.10), (b) the conversion of any
Eurocurrency Loan other than on the last day of the Interest Period applicable
thereto, (c) the failure to borrow, convert, continue or prepay any Eurocurrency
Loan on the date specified in any notice delivered pursuant hereto (regardless
of whether such notice may be revoked under Section 2.10 and is revoked in
accordance therewith) or (d) the assignment of any Eurocurrency Loan other than
on the last day of the Interest Period applicable thereto as a result of a
request by a Borrower pursuant to Section 2.18, then, in any such event, such
Borrower shall compensate each Lender for the loss, cost and expense (excluding
loss of anticipated profit) attributable to such event. Such loss, cost or
expense to any Lender may be deemed to include an amount determined by such
Lender to be the excess, if any, of (i) the amount of interest which would have
accrued on the principal amount of such Loan had such event not occurred, at the
Adjusted LIBO Rate that would have been applicable to such Loan (and excluding
any Applicable Rate), for the period from the date of such event to the last day
of the then current Interest Period therefor (or, in the case of a failure to
borrow, convert or continue, for the period that would have been the Interest
Period for such Loan), over (ii) the amount of interest which would accrue on
such principal amount for such period at the interest rate which such Lender
would bid were it to bid, at the commencement of such period, for deposits in
the relevant currency of a comparable amount and period from other banks in the
eurocurrency market. A certificate of any Lender setting forth in reasonable
detail any amount or amounts that such Lender is entitled to receive pursuant to
this Section shall be delivered to the Borrower Agent and shall be conclusive
absent manifest error. The applicable Borrowers shall pay such Lender the amount
shown as due on any such certificate within ten (10) days after receipt thereof.
SECTION 2.16    Taxes.
(a)    Any and all payments by or on account of any obligation of any Loan Party
hereunder or under any other Loan Document shall be made free and clear of and
without deduction or withholding for any Taxes unless otherwise required by
applicable law. If any Loan Party or other applicable withholding agent shall be
required by applicable Law to deduct or withhold any Taxes from any such
payments (as determined in the good

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faith discretion of the applicable withholding agent), then (i) the applicable
withholding agent shall make such deductions or withholdings and timely pay any
such Taxes to the relevant Governmental Authority in accordance with applicable
Law, and (ii) if the Tax in question is an Indemnified Tax, the sum payable by
the applicable Loan Party shall be increased as necessary so that after all
required deductions or withholdings for Indemnified Taxes (including deductions
or withholdings applicable to additional sums payable under this Section 2.16)
have been made, the Lender (or, in the case of a payment to the Administrative
Agent for its own account, the Administrative Agent) receives on the due date a
net sum equal to the sum it would have received had no such deductions or
withholdings been made.
(b)    In addition, without duplication of Section 2.16(a) the Borrowers shall
pay any Other Taxes to the relevant Governmental Authority in accordance with
applicable law.
(c)    The Loan Parties shall, jointly and severally, indemnify each Lender and
the Administrative Agent (each a “Tax Indemnitee”), within 10 days after written
demand therefor, for the full amount of any Indemnified Taxes, payable by such
Tax Indemnitee (including Indemnified Taxes imposed on or attributable to
amounts payable under this Section 2.16) other than any penalties arising as a
result of the gross negligence or willful misconduct of such Lender or Agent (as
determined by a final nonappealable judgment of a court of competent
jurisdiction), and any reasonable out-of-pocket expenses related thereto,
whether or not such Taxes were correctly or legally imposed or asserted by the
applicable Governmental Authority; provided, however, that if the Lender or
Administrative Agent does not notify the Borrower Agent of any indemnification
claim under this Section 2.16 within 180 days after such Lender or
Administrative Agent has received notice of the specific assessment or
deficiency giving rise to such indemnification claim, the Loan Parties shall not
be required to indemnify such Lender or Administrative Agent for any incremental
interest or penalties resulting from such Lender’s or Administrative Agent’s
failure to notify the Loan Parties within the 180 day period. A certificate as
to the amount of such payment or liability prepared in good faith and delivered
by the Tax Indemnitee or by the Agent on its own behalf or on behalf of another
Tax Indemnitee, accompanied by reasonable supporting documentation, shall be
conclusive absent manifest error.
(d)    As soon as practicable after any payment of Indemnified Taxes or Other
Taxes by any Loan Party to a Governmental Authority, and in any event within 30
days of any such payment, such Loan Party shall deliver to the Administrative
Agent the original or a certified copy of a receipt issued by such Governmental
Authority evidencing such payment, a copy of the return reporting such payment
or other evidence of such payment reasonably satisfactory to the Administrative
Agent.
(e)    Each Lender shall, at such times as are reasonably requested by the
Borrower Agent or the Administrative Agent, provide the Borrower Agent and the
Administrative Agent with any documentation prescribed by Law or reasonably
requested by the Borrower Agent or the Administrative Agent certifying as to any
entitlement of such Lender to an exemption from, or reduction in, any
withholding Tax with respect to any payments to be made to such Lender under any
Loan Document. In addition, each Lender, if reasonably requested by any Borrower
or the Administrative Agent, shall deliver such other documentation prescribed
by applicable Law or reasonably requested by such Borrower or the Administrative
Agent as will enable such Borrower or the Administrative Agent to determine
whether or not such Lender is subject to backup withholding or information
reporting requirements. Each such Lender shall, whenever a lapse in time or
change in circumstances renders any of the foregoing documentation (including
any specific documentation required below in this Section 2.16(e)) obsolete,
expired or inaccurate in any material respect, deliver promptly to the Borrower
Agent and the Administrative Agent updated or other appropriate documentation
(including any new documentation reasonably requested by the Borrower Agent or
the Administrative Agent) or promptly notify the Borrower Agent and the
Administrative Agent in writing of its legal ineligibility to do so.
Without limiting the foregoing:
(1)    Each Lender that is not a Foreign Lender shall deliver to the Borrower
Agent (as an agent for all of the Borrowers) and the Administrative Agent on or
before the date on which it becomes a party to

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this Agreement two properly completed and duly signed original copies of IRS
Form W-9 certifying that such Lender is exempt from U.S. federal backup
withholding.
(2)    Each Foreign Lender shall deliver to the Borrower Agent (as an agent for
the U.S. Parent Borrower and all of the Domestic Subsidiary Borrowers) and the
Administrative Agent on or before the date on which it becomes a party to this
Agreement (and from time to time thereafter upon the request of any Borrower or
the Administrative Agent) whichever of the following is applicable:
(A)    two properly completed and duly signed original copies of IRS Form W-8BEN
or W-8BEN-E (or any successor forms) claiming eligibility for the benefits of an
income tax treaty to which the United States is a party, and such other
documentation as required under the Code,
(B)    two properly completed and duly signed original copies of IRS Form W-8ECI
(or any successor forms),
(C)    in the case of a Foreign Lender claiming the benefits of the exemption
for portfolio interest under Section 871(h) or Section 881(c) of the Code,
(x) two properly completed and duly signed certificates substantially in the
form of Exhibit D-1, D-2, D-3 and D-4, as applicable, (any such certificate, a
“U.S. Tax Compliance Certificate”) and (y) two properly completed and duly
signed original copies of IRS Form W-8BEN or W-8BEN-E (or any successor forms),
(D)    to the extent a Foreign Lender is not the beneficial owner (for example,
where the Foreign Lender is a partnership or a participating Lender), two
properly completed and duly signed original copies of IRS Form W-8IMY (or any
successor forms) of the Foreign Lender, accompanied by a Form W-8ECI, Form
W-8BEN or W-8BEN-E, U.S. Tax Compliance Certificate, Form W-9, Form W-8IMY or
any other required information (or any successor forms) from each beneficial
owner that would be required under this Section 2.16(e) if such beneficial owner
were a Lender, as applicable (provided that, if the Foreign Lender is a
partnership for U.S. federal income tax purposes (and not a participating
Lender) and one or more beneficial owners are claiming the portfolio interest
exemption, the U.S. Tax Compliance Certificate may be provided by such Foreign
Lender on behalf of such beneficial owner(s)), or
(E)    two properly completed and duly signed original copies of any other form
prescribed by applicable U.S. federal income tax laws as a basis for claiming a
complete exemption from, or a reduction in, U.S. federal withholding tax on any
payments to such Lender under the Loan Documents.
(3)    Each Foreign Lender shall deliver to the Borrower Agent (as agent for all
of the Foreign Subsidiary Borrowers) and the Administrative Agent on or before
the date on which it becomes a party to this Agreement (and from time to time
thereafter upon the request of any Borrower or the Administrative Agent) two
properly completed and duly signed original copies of an applicable IRS Form W-8
(or any successor form) certifying such Foreign Lender’s non-U.S. status.
(4)    If a payment made to a Lender under any Loan Document would be subject to
U.S. federal withholding tax imposed by Sections 1471 through 1474 of the Code
if such Lender were to fail to comply with the applicable reporting requirements
of those Sections (including those contained in Section 1471(b) or 1472(b) of
the Code, as applicable), such Lender shall deliver to the Borrower Agent (as
agent for all of the Borrowers) and the Administrative Agent at the time or
times prescribed by applicable Law and at such time or times reasonably
requested by the Borrower Agent or the Administrative Agent such documentation
prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation
reasonably requested by the Borrower Agent or the Administrative Agent as may be
necessary for such Borrower Agent and the Administrative Agent to comply with
their obligations under Sections 1471 through 1474 of the Code, to determine
whether such

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Lender has or has not complied with such Lender’s obligations under such
Sections and, if necessary, to determine the amount to deduct and withhold from
such payment. Solely for purposes of this clause (4), Section 1471 through 1474
of the Code shall include any amendments made to such sections after the date of
this Agreement and any intergovernmental agreement (and any related Laws,
regulations or official administrative practices) implementing the foregoing.
Notwithstanding any other provision of this clause (e), a Lender shall not be
required to deliver any documentation that such Lender is not legally eligible
to deliver. Each Lender hereby authorizes the Administrative Agent to deliver to
the Loan Parties and to any successor Administrative Agent any documentation
provided by such Lender to the Administrative Agent pursuant to this Section
2.16(e).
(f)    If the Administrative Agent or a Lender receives a refund of any
Indemnified Taxes as to which it has been indemnified by a Loan Party or with
respect to which a Loan Party has paid additional amounts or indemnification
payments pursuant to this Section 2.16, it shall promptly pay over such refund
to the Borrower Agent (but only to the extent of indemnity payments made, or
additional amounts paid, by the applicable Loan Parties under this Section 2.16
with respect to the Indemnified Taxes giving rise to such refund), net of all
out-of-pocket expenses of the Administrative Agent or such Lender (including any
Taxes) and without interest (other than any interest paid by the relevant
Governmental Authority with respect to such refund); provided that each
Borrower, upon the request of the Administrative Agent or such Lender, agrees to
repay the amount paid over to such Borrower (plus any penalties, interest or
other charges imposed by the relevant Governmental Authority) to the
Administrative Agent or such Lender in the event the Administrative Agent or
such Lender is required to repay such refund to such Governmental Authority.
This Section shall not be construed to require the Administrative Agent or any
Lender to make available its tax returns (or any other information relating to
its taxes which it deems confidential) to any Borrower or any other Person.
(g)    For the avoidance of doubt, the term “Lender,” for purposes of this
Section 2.16, shall include any Swingline Lender and any Issuing Bank.
(h)    The Administrative Agent and each Lender shall use commercially
reasonable efforts to cooperate with the Borrowers in attempting to recover any
Indemnified Taxes that the Borrowers reasonably assert were improperly imposed
if (i) in the reasonable judgment of the Administrative Agent or such Lender, as
applicable, such cooperation shall not subject the Administrative Agent or such
Lender, as applicable, to any unreimbursed third party cost or expense or
otherwise be materially disadvantageous to the Administrative Agent or such
Lender, as applicable, and (ii) based on advice of the applicable Borrower’s (or
applicable Loan Party’s) independent accountants or external legal counsel,
there is a reasonable basis for such Loan Party to contest with the applicable
Governmental Authority the imposition of such Indemnified Taxes or Other Taxes;
provided, however, that any such attempts shall be at the sole cost of the
Borrowers and the Borrowers shall indemnify the Administrative Agent and each
Lender for any costs it incurs in connection with complying with this
Section 2.16(h). The Borrowers shall have the right to dispute or challenge in a
reasonable manner and only to the extent necessary to protect its rights under
applicable law, and at its sole cost and expense, the imposition of Indemnified
Taxes with the relevant Governmental Authority. In no event will this
Section 2.16(h) relieve any Borrower of its obligation to pay additional amounts
or indemnification payments to the Administrative Agent or any Lender under this
Section 2.16. Any refund obtained shall be repaid to the applicable Borrower to
the extent provided in Section 2.16(f).
(i)    (i) A UK Tax Deduction on a payment made by a UK Loan Party under a Loan
Document shall be regarded as an Excluded Tax if:
(1)    on the date on which the relevant payment falls due, the payment could
have been made to the relevant Lender without any UK Tax Deduction if such
Lender had been a UK Qualifying Lender but on that date that Lender is not or
has ceased to be a UK Qualifying Lender other than as a result of any change
after the date it became a Lender under this Agreement in (or in the
interpretation, administration or application of) any Law or treaty or any
published practice or published concession of any relevant taxing authority;

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(2)    the relevant Lender is a UK Treaty Lender and the UK Loan Party making
the payment is able to demonstrate that the payment could have been made to the
Lender without any UK Tax Deduction had that Lender duly complied with its
obligations under Section 2.16(i)(ii) and Section 2.16(i)(iii); or
(3)    the relevant Lender is a UK Qualifying Lender solely by virtue of
paragraph (b) of the definition of UK Qualifying Lender; and:
(A)    an officer of HMRC has given (and not revoked) a direction (a
"Direction") under section 931 of the ITA which relates to the payment and that
Lender has received from the UK Loan Party making the payment or the Borrower
Agent a certified copy of that Direction; and
(B)     the payment could have been made to the Lender without any UK Tax
Deduction if that Direction had not been made; or
(4)    the relevant Lender is a UK Qualifying Lender solely by virtue of
paragraph (b) of the definition of UK Qualifying Lender and:
(A)    the relevant Lender has not given a UK Tax Confirmation to the UK Loan
Party making the payment; and
(B)    the payment could have been made to the Lender without any UK Tax
Deduction if the Lender had given a UK Tax Confirmation to the UK Loan Party, on
the basis that the UK Tax Confirmation would have enabled the UK Loan Party to
have formed a reasonable belief that the payment was an "excepted payment" for
the purpose of section 930 of the ITA.
(ii)    Subject to paragraph (iii) below, a UK Treaty Lender and each UK Loan
Party which makes a payment to which that UK Treaty Lender is entitled shall
co-operate in completing any procedural formalities necessary for that UK Loan
Party to obtain authorization to make that payment without any UK Tax Deduction.
(iii)     A UK Treaty Lender which becomes a party hereto (x) on the day on
which this Agreement is entered into or (y) on a day after the date of this
Agreement, that holds a passport under the HMRC DT Treaty Passport scheme, and
which wishes that scheme to apply to this Agreement, shall confirm its scheme
reference number and its jurisdiction of tax residence, in the case of a UK
Treaty Lender falling within (x) above, in this Agreement or in writing to the
UK Borrower and Administrative Agent within ten (10) Business Days of the date
of this Agreement or, in the case of a UK Treaty Lender falling within (y)
above, in writing to the UK Borrower and Administrative Agent on the date on
which it becomes a UK Treaty Lender. Where the UK Treaty Lender has supplied its
HMRC DT Treaty Passport scheme reference number and its jurisdiction of tax
residence in this Agreement or in writing to the UK Borrower and Administrative
Agent: (a) the relevant UK Borrower shall take all reasonable steps to promptly
file a completed HMRC Form DTTP2 in respect of that UK Treaty Lender; and (b)
the relevant UK Treaty Lender shall be under no further obligation pursuant to
paragraph (ii) above and this paragraph (iii) unless and until (i) the relevant
UK Borrower notifies the relevant UK Treaty Lender in writing that (A) the UK
Borrower has not submitted a HMRC Form DTTP2 in respect of that UK Treaty
Lender; or (B) the UK Borrower’s HMRC Form DTTP2 has been rejected by HMRC; or
(C) HMRC has not given the relevant UK Borrower authority to make payment to
that UK Treaty Lender without a UK Tax Deduction within 60 days of the date of
the UK Borrower submitting the HMRC Form DTTP2; or (ii) the relevant UK Borrower
had received authority from HMRC to make payments to such Lender without a UK
Tax Deduction as a result of submitting a Form DTTP2, but a Party becomes aware
that as a result of (A) a withdrawal or expiry of that authority; or (B) a
withdrawal or cessation of the HMRC DTTP Passport scheme due to any change in
Law or change in practice of HMRC, it is no longer possible for such Loan Party
to make payments to the Lender without a UK Tax Deduction by virtue of that
authority, in which case that Party shall notify the other relevant Party, and
(in each such case) that UK Treaty Lender and UK Borrower shall co-operate in
completing any additional procedural formalities necessary for that UK

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Borrower to obtain authorization to make that payment without a UK Tax
Deduction. If a UK Treaty Lender has not confirmed its HMRC DT Treaty Passport
scheme reference number and jurisdiction of tax residence in accordance with
this paragraph (iii), no UK Loan Party shall make a HMRC Borrower DTTP Filing or
file any other form relating to the HMRC DT Treaty Passport scheme in respect of
that UK Treaty Lender or its participation in any Loan unless the UK Treaty
Lender otherwise agrees.
(iv)    Each Lender which becomes a party to this Agreement after the date of
this Agreement shall confirm in the documentation it executes on becoming a
party hereto, and for the benefit of the Administrative Agent and without any
liability to any Loan Party, which of the following categories it falls in for
the purposes of that Loan:
(1)    not a UK Qualifying Lender;
(2)    a UK Qualifying Lender (other than a UK Treaty Lender); or
(3)    a UK Treaty Lender.
If a Lender which becomes a party to this Agreement after the date of this
Agreement in respect of an advance to a UK Borrower fails to indicate its status
pursuant to the previous sentence, then such Lender shall be treated for the
purposes of this Agreement (including by each UK Loan Party) as if it is not a
UK Qualifying Lender until such time as it notifies the Administrative Agent
which category applies (and the Administrative Agent, upon receipt of such
notification, shall promptly inform the Borrower Agent). For the avoidance of
doubt, any document pursuant to which a Lender becomes party to this Agreement
shall not be invalidated by any failure of a Lender to comply with this
paragraph (iv).
(v)    A Lender which has given a UK Tax Confirmation shall promptly notify the
Administrative Agent if there is any change in the position from that set out in
the UK Tax Confirmation, following which the Administrative Agent shall notify
the Borrower Agent.
(vi)    A UK Loan Party shall promptly upon becoming aware that it has to make a
UK Tax Deduction (or that there is any change in the rate or the basis of a UK
Tax Deduction) promptly notify the Administrative Agent accordingly. Similarly,
a Lender shall notify the Administrative Agent on becoming so aware in respect
of a payment payable to that Lender, and the Administrative Agent shall notify
the Borrower Agent.
(j)    Notwithstanding any other provision of this Agreement except as otherwise
provided in Section 2.16(l), no Irish Borrower shall be required to make an
increased payment to any Lender pursuant to this Section 2.16 for Taxes in
respect of any Tax imposed by Ireland from a payment of interest if on the date
on which the payment falls due:
(i)    the payment could have been made to the relevant Lender without a
deduction for Tax imposed by Ireland if such Lender was an Irish Qualifying
Lender, but on that date such Lender is not or has ceased to be an Irish
Qualifying Lender other than as a result of any change after the date it became
a Lender under this Agreement in (or in the interpretation, administration, or
application of) any law or tax treaty, or any practice or concession of any
relevant taxing authority; or
(ii)    the relevant Lender is an Irish Treaty Lender and the payment could have
been made to the Lender without a deduction for Tax had that Lender complied
with its obligations under paragraph (k) below.
(k)    A Lender which is an Irish Treaty Lender and any Irish Borrower which
makes a payment to which that Lender is entitled shall co-operate promptly in
completing any procedural formalities necessary for such Borrower to obtain
authorization to make that payment without a Tax deduction.

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(l)    Notwithstanding anything herein to the contrary, any Irish Borrower shall
remain liable for any Taxes incurred by any Irish Qualifying Lender resulting
from such Irish Borrower’s failure to provide any forms or exemption certificate
or other documentation it is legally required to provide to entitle any Irish
Qualifying Lender to an exemption from or reduction of withholding tax under the
law of Ireland, or any Irish Treaty.
(m)    Each Lender which becomes a party to this Agreement and makes a Loan to
any Loan Party after the date of this Agreement shall confirm in the
documentation it executes on becoming a party hereto, and for the benefit of the
Administrative Agent and any Loan Party, which of the following categories it
falls in for the purposes of that Loan:
(i)    not an Irish Qualifying Lender;
(ii)    an Irish Qualifying Lender (other than an Irish Treaty Lender); or
(iii)    an Irish Treaty Lender.
(n)    If a Lender which becomes a party to this Agreement after the date of
this Agreement fails to indicate its status pursuant to Section 2.16(m), then
such Lender shall be treated for the purposes of this Agreement (including by
each Loan Party) as if it is not an Irish Qualifying Lender until such time as
it notifies the Administrative Agent which category applies (and the
Administrative Agent, upon receipt of such notification, shall inform the Irish
Borrower). For the avoidance of doubt, any document pursuant to which a Lender
becomes party to this Agreement shall not be invalidated by any failure of a
Lender to comply with Section 2.16(m). Any Lender which ceases to be an Irish
Qualifying Lender shall on ceasing to be an Irish Qualifying Lender, promptly
notify each Loan Party that it has ceased to be an Irish Qualifying Lender.
(o)    On or before the date it becomes a party to this Agreement, any
Administrative Agent that is a U.S. Person shall deliver to the Borrower two
duly completed copies of IRS Form W-9, or any subsequent versions or successors
to such form, certifying that such Administrative Agent is exempt from U.S.
federal backup withholding. Any Administrative Agent, and any successor or
supplemental Administrative Agent, that is not a U.S. Person, shall deliver to
the Borrower (A) two duly completed copies of IRS Form W-8IMY certifying that,
with respect to payments received by it (on behalf of the Lenders) from the U.S.
Parent Borrower or any Domestic Subsidiary Borrower, it is a “U.S. branch”, the
payments are not effectively connected with the conduct of a trade or business
in the United States, and it is using such form as evidence of its agreement
with the Borrower to be treated as a U.S. Person with respect to such payments
and (B) with respect to payments received for its own account, two duly
completed copies of IRS Form W-8ECI. Notwithstanding anything to the contrary in
this Section 2.16(o), no Administrative Agent shall be required to provide any
documentation it is legally ineligible to provide as a result of a Change in Law
after the date hereof.
(p)    From and after the date hereof, solely for the purposes of Sections 1471
through 1474 of the Code, the Borrower and Administrative Agent shall treat (and
the Lenders hereby authorize the Borrowers and the Administrative Agent to
treat) this Agreement and any Loans made hereunder (including any Loans already
outstanding) as not qualifying as a “grandfathered obligation” within the
meaning of Treas. Reg. § 1.1471-2(b)(2)(i).
SECTION 2.16A    VAT    
(a)    All amounts set out or expressed in a Loan Document to be payable by any
party to a Finance Party which (in whole or in part) constitute the
consideration for a supply or supplies for VAT purposes shall be deemed to be
exclusive of any VAT which is chargeable on such supply or supplies, and
accordingly, if VAT is or becomes chargeable on any supply made by any Finance
Party to any Loan Party under a Loan Document, that party shall pay to the
Finance Party (in addition to and at the same time as paying any other
consideration for such supply) an amount equal to the amount of such VAT (and
such Finance Party shall promptly provide an appropriate VAT invoice to such
party).

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(b)    If VAT is or becomes chargeable on any supply made by any Finance Party
(the “Supplier”) to any Finance Party (for purposes of this Section 2.16A, the
“Recipient”) under a Loan Document, and any party other than the Recipient (the
“Subject Party”) is required by the terms of any Loan Document to pay an amount
equal to the consideration for such supply to the Supplier (rather than being
required to reimburse the Recipient in respect of that consideration), such
party shall also pay to the Supplier (in addition to and at the same time as
paying such amount) an amount equal to the amount of such VAT. The Recipient
will promptly pay to the Subject Party an amount equal to any credit or
repayment obtained by the Recipient from the relevant tax authority which the
Recipient reasonably determines is in respect of such VAT.
(c)    Where a Loan Document requires any party to reimburse or indemnify a
Finance Party for any cost or expense, that party shall reimburse or indemnify
(as the case may be) such Loan Party for the full amount of such cost or
expense, including such part thereof as represents VAT, save to the extent that
such Finance Party reasonably determines that it is entitled to credit or
repayment in respect of such VAT from the relevant tax authority.
SECTION 2.17    Payments Generally; Pro Rata Treatment; Sharing of Setoffs.
(a)    Each Borrower shall make each payment required to be made by it hereunder
(whether of principal, interest, fees or reimbursement of LC Disbursements, or
of amounts payable under Section 2.14, 2.15 or 2.16, or otherwise) prior to
2:00 p.m., Local Time, on the date when due, in immediately available funds,
without setoff or counterclaim. Any amounts received after such time on any date
may, in the discretion of the Administrative Agent, be deemed to have been
received on the next succeeding Business Day for purposes of calculating
interest thereon. All such payments shall be made to the Administrative Agent at
its offices referred to in Section 9.01 (or as otherwise directed by the
Administrative Agent), except payments to be made directly to an Issuing Bank or
Swingline Lender as expressly provided herein and except that payments pursuant
to Sections 2.14, 2.15, 2.16 and 9.03 shall be made directly to the Persons
entitled thereto. The Administrative Agent shall distribute any such payments
received by it for the account of any other Person to the appropriate recipient
promptly following receipt thereof. If any payment hereunder shall be due on a
day that is not a Business Day, the date for payment shall be extended to the
next succeeding Business Day, and (x) in the case of any payment accruing
interest, interest thereon shall be payable for the period of such extension and
(y) in the case of any payment of fees, such fees shall be payable for the
period of such extension. All payments under each Loan Document of principal or
interest in respect of any Loan (or of any breakage indemnity in respect of any
Loan) shall be made in the currency of such Loan, and, except as otherwise
expressly set forth in any Loan Document, all other payments under each Loan
Document shall be made in Dollars.
(b)    If at any time insufficient funds are received by and available to the
Administrative Agent to pay fully all amounts of principal, unreimbursed LC
Disbursements, required cash collateral, interest and fees then due hereunder,
such funds shall be applied (i) first, towards payment of interest and fees then
due hereunder, ratably among the parties entitled thereto in accordance with the
amounts of interest and fees then due to such parties, and (ii) second, towards
payment of principal and unreimbursed LC Disbursements and cash collateral then
due hereunder, ratably among the parties entitled thereto in accordance with the
amounts of principal and unreimbursed LC Disbursements and cash collateral then
due to such parties.
(c)    If any Lender shall, by exercising any right of setoff or counterclaim or
otherwise, obtain payment in respect of any principal of or interest on any of
its Loans or participations in LC Disbursements or Swingline Loans resulting in
such Lender receiving payment of a greater proportion of the aggregate amount of
its Loans and participations in LC Disbursements and Swingline Loans and accrued
interest thereon than the proportion received by any other Lender, then the
Lender receiving such greater proportion shall purchase (for cash at face value)
participations in the Loans and participations in LC Disbursements and Swingline
Loans of other Lenders to the extent necessary so that the benefit of all such
payments shall be shared by the Lenders ratably in accordance with the aggregate
amount of principal of and accrued interest on their respective Loans and
participations in LC Disbursements and Swingline Loans; provided that (i) if any
such participations are purchased and all or any portion of the payment giving
rise thereto is recovered, such participations shall be rescinded and the
purchase price restored to the extent of such recovery, without interest, and
(ii) the provisions of this paragraph shall not be construed to

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apply to any payment made by a Borrower pursuant to and in accordance with the
express terms of this Agreement or any payment obtained by a Lender as
consideration for the assignment of or sale of a participation in any of its
Loans or participations in LC Disbursements and Swingline Loans to any assignee
or participant in accordance with the terms of this Agreement. Each Borrower
consents to the foregoing and agrees, to the extent it may effectively do so
under applicable law, that any Lender acquiring a participation pursuant to the
foregoing arrangements may exercise against such Borrower rights of setoff and
counterclaim with respect to such participation as fully as if such Lender were
a direct creditor of such Borrower in the amount of such participation.
(d)    Unless the Administrative Agent shall have received notice from a
Borrower prior to the date on which any payment is due to the Administrative
Agent for the account of the Lenders or the relevant Issuing Bank hereunder that
such Borrower will not make such payment, the Administrative Agent may assume
that such Borrower has made such payment on such date in accordance herewith and
may, in reliance upon such assumption, distribute to the Lenders or such Issuing
Bank, as the case may be, the amount due. In such event, if the applicable
Borrower has not in fact made such payment, then each of the Lenders or the
relevant Issuing Bank, as the case may be, severally agrees to repay to the
Administrative Agent forthwith on demand the amount so distributed to such
Lender or Issuing Bank with interest thereon, for each day from and including
the date such amount is distributed to it to but excluding the date of payment
to the Administrative Agent, at the greater of the Federal Funds Effective Rate
and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation.
(e)    If any Lender shall fail to make any payment required to be made by it
pursuant to Section 2.04(c), 2.05(d) or (e), 2.06(b), 2.17(d) or 9.03(c), then
the Administrative Agent may, in its discretion (notwithstanding any contrary
provision hereof), apply any amounts thereafter received by the Administrative
Agent for the account of such Lender to satisfy such Lender’s obligations under
such Sections until all such unsatisfied obligations are fully paid.
SECTION 2.18    Mitigation Obligations; Replacement of Lenders.
(a)    If any Lender requests compensation under Section 2.14, or if any
Borrower is required to pay any additional amount to any Lender or any
Governmental Authority for the account of any Lender pursuant to Section 2.16,
then such Lender shall use reasonable efforts to designate a different lending
office for funding or booking its Loans hereunder or to assign its rights and
obligations hereunder to another of its offices, branches or affiliates, if, in
the good faith judgment of such Lender, such designation or assignment (i) would
eliminate or reduce amounts payable pursuant to Section 2.14 or 2.17, as the
case may be, in the future and (ii) would not subject such Lender to any
unreimbursed cost or expense and would not otherwise be disadvantageous to such
Lender. The Borrowers hereby agree to pay all reasonable out-of-pocket costs and
expenses incurred by any Lender in connection with any such designation or
assignment. Any Lender claiming reimbursement of such costs and expenses shall
deliver to the Borrower Agent a certificate setting forth such costs and
expenses in reasonable detail which shall be conclusive absent manifest error.
(b)    If any Lender requests compensation under Section 2.14, or if any
Borrower is required to pay any additional amount to any Lender or any
Governmental Authority for the account of any Lender pursuant to Section 2.16
(or would be required to pay such amounts in the absence of such Lender’s
election to convert its Global Revolving Commitment to a U.S. Revolving
Commitment pursuant to the definition of Permitted Foreign Borrower
Jurisdiction), or if any Lender becomes a Defaulting Lender, or any Lender is
unable to fund its portion of any Loan as a result of any applicable law or
regulation prohibiting, or any order, judgment or decree of any Governmental
Authority enjoining, prohibiting or restraining, any Lender from making any Loan
requested by any Borrower or any Issuing Bank or any Lender from issuing,
renewing, extending or increasing the face amount of or participating in the
Letter of Credit requested to be issued, renewed, extended or increased by any
Borrower, or if any Lender (a “Non-Consenting Lender”) fails to grant a consent
(x) in connection with any proposed change, waiver, discharge or termination of
the provisions of this Agreement as contemplated by Section 9.02 for which the
consent of each Lender or each affected Lender is required but the consent of
the Required Lenders is obtained or (y) to extend Loans or Commitments pursuant
to Section 2.20, then the applicable Borrowers may, at their sole expense and
effort, upon notice to such Lender and the Administrative Agent, require such
Lender to assign and

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delegate, without recourse (in accordance with and subject to the restrictions
contained in Section 9.04), all its interests, rights and obligations under the
Loan Documents to an assignee that shall assume such obligations (which assignee
may be another Lender, if a Lender accepts such assignment); provided that
(i) the applicable Borrowers shall have received the prior written consent of
the Administrative Agent, each Issuing Bank and the Swingline Lender, which
consent shall not unreasonably be withheld, to the extent required by
Section 9.04, and (ii) such Lender shall have received payment of an amount
equal to the outstanding principal of its Loans and participations in LC
Disbursements and Swingline Loans, accrued interest thereon, accrued fees and
all other amounts payable to it hereunder, from the assignee (to the extent of
such outstanding principal and accrued interest) or the applicable Borrower (in
the case of all fees and other amounts).
SECTION 2.19    Expansion Option.
(a)    The Borrowers may from time to time after the Restatement Effective Date
elect to increase the Revolving Commitments or any Extended Revolving
Commitments (“Increased Commitments”) or enter into one or more tranches of term
loans (each, an “Incremental Term Loan”), in each case in an aggregate principal
amount of not less than $25,000,000 so long as, after giving effect thereto, the
aggregate amount of all such Increased Commitments and all such Incremental Term
Loans established following the Restatement Effective Date does not exceed
$1,000,000,000. The Borrowers may arrange for any such increase or tranche to be
provided by one or more Lenders (each Lender so agreeing to an increase in its
Revolving Commitment or Extended Revolving Commitment, or to participate in such
Incremental Term Loan, an “Increasing Lender”), or by one or more new banks,
financial institutions or other entities (each such new bank, financial
institution or other entity, an “Augmenting Lender”), to increase their existing
Revolving Commitment or Extended Revolving Commitment, or to participate in such
Incremental Term Loan, or extend Revolving Commitments or Extended Revolving
Commitments, as the case may be; provided that each Augmenting Lender (and, in
the case of an Increased Commitment, each Increasing Lender) shall be subject to
the approval of the Borrower Agent and the Administrative Agent and, in the case
of an Increased Commitment, each Issuing Bank and Swingline Lender (such
consents not to be unreasonably withheld). Without the consent of any Lenders
other than the relevant Increasing Lenders or Augmenting Lenders, this Agreement
and the other Loan Documents may be amended pursuant to an Additional Credit
Extension Amendment as may be necessary or appropriate, in the reasonable
opinion of the Administrative Agent and the Borrower Agent, to effect the
provisions of this Section 2.19. Increases and new Revolving Commitments and
Incremental Term Loans created pursuant to this Section 2.19 shall become
effective on the date agreed by Parent, the applicable Borrower, the
Administrative Agent and the relevant Increasing Lenders or Augmenting Lenders
and the Administrative Agent shall notify each Lender thereof. Notwithstanding
the foregoing, no increase in the Revolving Commitments or Extended Revolving
Commitments or Incremental Term Loan shall be permitted under this paragraph
unless (i) on the proposed date of the effectiveness of such increase in the
Revolving Commitments or Extended Revolving Commitments or borrowing of such
Incremental Term Loan, the conditions set forth in paragraphs (a) and (b) of
Section 4.02 shall be satisfied and the Administrative Agent shall have received
a certificate to that effect dated such date and executed by a Financial Officer
of the Borrower Agent and (ii) the Parent Entity shall be in compliance,
calculated on a Pro Forma Basis with the covenant contained in Section 6.08 as
of the last day of the most recent fiscal quarter for which financial statements
have been delivered pursuant to Section 5.01(a) or (b) prior to such time. On
the effective date of any increase in the Revolving Commitments or Extended
Revolving Commitments or any Incremental Term Loans being made, (i) each
relevant Increasing Lender and Augmenting Lender shall make available to the
Administrative Agent such amounts in immediately available funds as the
Administrative Agent shall determine, for the benefit of the other Lenders, as
being required in order to cause, after giving effect to such increase and the
use of such amounts to make payments to such other Lenders, each Lender’s
portion of the outstanding Loans of all the Lenders to equal its Applicable
Percentage of such outstanding Loans, and (ii) except in the case of any
Incremental Term Loans, if, on the date of such increase, there are any
Revolving Loans outstanding, such Revolving Loans shall on or prior to the
effectiveness of such Increased Commitments be prepaid to the extent necessary
from the proceeds of additional Revolving Loans made hereunder by the Increasing
Lenders and Augmenting Lenders, so that, after giving effect to such prepayments
and any borrowings on such date of all or any portion of such Increased
Commitments, the principal balance of all outstanding Revolving Loans owing to
each Lender with a Revolving Commitment is equal to such Lender’s pro rata share
(after giving effect to any nonratable Increased Commitment pursuant to this
Section 2.19) of all then outstanding Revolving Loans. The Administrative Agent
and the Lenders hereby agree that

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the borrowing notice, minimum borrowing, pro rata borrowing and pro rata payment
requirements contained elsewhere in this Agreement shall not apply to the
transactions effected pursuant to the immediately preceding sentence. The deemed
payments made pursuant to clause (ii) of the immediately preceding sentence
shall be accompanied by payment of all accrued interest on the amount prepaid
and, in respect of each Eurocurrency Loan, shall be subject to indemnification
by the Borrowers pursuant to the provisions of Section 2.15 if the deemed
payment occurs other than on the last day of the related Interest Periods. The
terms of any Incremental Term Loans shall be as set forth in the amendment to
this Agreement providing for such Incremental Term Loans; provided that (i) the
final maturity date of any Incremental Term Loans shall be no earlier than the
Term Loan A Maturity Date, (ii) the Weighted Average Life to Maturity of such
Incremental Term Loans shall not be shorter than the then remaining Weighted
Average Life to Maturity of the Tranche A Term Loans, (iii) the provisions with
respect to payment of interest, prepayments, original issue discount and upfront
fees shall be as set forth in the amendment providing for such Incremental Term
Loans; and (iv) all other terms applicable to such Incremental Term Loans (other
than provisions specified in clauses (i) through (iii) above) shall be the same
as the terms of the then outstanding Tranche A Term Loans except to the extent
such covenants and other terms apply solely to any period after the Term Loan A
Maturity Date. The maturity date of any Increased Commitments shall be no
earlier than the Revolving Credit Maturity Date and such Increased Commitments
shall require no scheduled amortization or mandatory commitment reduction prior
to the Revolving Credit Maturity Date.
(b)    This Section 2.19 shall override any provisions in Section 9.02 to the
contrary.
SECTION 2.20    Maturity Extension.
(a)    The Borrower Agent may at any time and from time to time during each of
the first two years following the Restatement Effective Date, by notice to the
Administrative Agent, request a one-year extension of the Revolving Credit
Maturity Date with respect to the Revolving Facilities or of the Term Loan A
Maturity Date with respect to the Term Loan A Facility, as the case may be, and,
at the Borrower Agent’s option, amend the Applicable Rate for the applicable
extended Revolving Facilities or extended Term Loan A Facility in connection
with such request (and, with respect to the extended Term Loan A Facility, the
amortization applicable thereto); provided that no Event of Default has occurred
and is continuing as of the date of such request. Upon receipt of any such
notice the Administrative Agent shall promptly notify each applicable Lender
under the applicable Facilities thereof. Each Lender under such Facilities shall
respond to such request in writing within ten (10) Business Days after such
request and any failure of a Lender to respond shall be deemed to be a denial of
such request. If the Required Facility Lenders with respect to such Facilities
agree to such extension, the Revolving Credit Maturity Date and/or Term Loan A
Maturity Date, as applicable, with respect to such Facilities shall be extended
to the date specified in the Borrower Agent’s extension request and with the
amended Applicable Rate (and, with respect to the Term Loan A Facility, the
amortization applicable thereto), if any, specified in such extension request
subject, with respect to each Non-Extending Lender, to the provisions of
Section 2.20(b).
(b)    If any Lender under the Revolving Facilities or the Term Loan A Facility,
as the case may be, does not consent to any extension request pursuant to
Section 2.20(a) (a “Non-Extending Lender”) but the Required Facility Lenders
with respect to the applicable Facilities agree to such extension (each such
Lender, an “Extending Lender”), then (i) the Revolving Credit Maturity Date
and/or Term Loan A Maturity Date, as applicable, for each Extending Lender in
respect of the applicable Facilities shall be extended to the date specified in
the Borrower Agent’s extension request and, if applicable, the Applicable Rate
(and, with respect to the Term Loan A Facility, the amortization applicable
thereto) amended with respect to the Extending Lenders only and (ii) the
Commitments of each Non-Extending Lender and the existing Applicable Rate shall,
subject to the terms of Section 2.18, continue until the Revolving Credit
Maturity Date and/or Term Loan A Maturity Date, as applicable, for such
Non-Extending Lender in effect prior to such extension; provided that such
Commitments of Non-Extending Lenders may be exchanged at any time for
Commitments of Extending Lenders.
(c)    Notwithstanding the terms of Section 9.02, the Credit Agreement Parties
and the Administrative Agent shall be entitled to enter into any amendments to
this Agreement that the Administrative Agent believes are necessary to
appropriately reflect, or provide for the integration of, any extension of a
Revolving Credit

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Maturity Date and/or Term Loan A Maturity Date, as applicable, or change in
Applicable Rate (and, with respect to the Term Loan A Facility, the amortization
applicable thereto) pursuant to this Section 2.20.
SECTION 2.21    Judgment Currency. If for the purposes of obtaining judgment in
any court it is necessary to convert a sum due from a Borrower hereunder in one
currency into another currency, the parties hereto agree, to the fullest extent
that they may effectively do so, that the rate of exchange used shall be that at
which in accordance with normal banking procedures in the relevant jurisdiction
the first currency could be purchased by the Administrative Agent with such
other currency on the Business Day immediately preceding the day on which final,
non-appealable judgment is given. The obligations of the Borrowers in respect of
any sum due to any party hereto or any holder of the obligations owing hereunder
(the “Applicable Creditor”) shall, notwithstanding any judgment in a currency
(the “Judgment Currency”) other than the currency in which such sum is stated to
be due hereunder (the “Agreement Currency”), be discharged, to the fullest
extent permitted by applicable law, only to the extent that, on the Business Day
following receipt by the Applicable Creditor of any sum adjudged to be so due in
the Judgment Currency, the Applicable Creditor may in accordance with normal
banking procedures in the relevant jurisdiction purchase the Agreement Currency
with the Judgment Currency; if the amount of the Agreement Currency so purchased
is less than the sum originally due to the Applicable Creditor in the Agreement
Currency, each applicable Borrower agrees, to the fullest extent that it may
effectively do so, as a separate obligation and notwithstanding any such
judgment, to indemnify the Applicable Creditor against such loss, and if the
amount of the specified currency so purchased exceeds (a) the sum originally due
to any Lender or the Administrative Agent, as the case may be, in the Agreement
Currency and (b) any amounts shared with other Lenders as a result of
allocations of such excess as a disproportionate payment to such Lender under
Section 2.17, such Lender or the Administrative Agent, as the case may be,
agrees to remit such excess to the applicable Borrowers.
SECTION 2.22    Defaulting Lenders.
(a)    Notwithstanding any provision of this Agreement to the contrary, if any
Revolving Lender becomes a Defaulting Lender, then the following provisions
shall apply for so long as such Lender is a Defaulting Lender:
(i)    fees shall cease to accrue on the unfunded portion of the Revolving
Commitment of such Defaulting Lender pursuant to Section 2.11(a);
(ii)    the Revolving Commitment and Revolving Exposure of such Defaulting
Lender shall not be included in determining whether the Required Lenders have
taken or may take any action hereunder (including any consent to any amendment,
waiver or other modification pursuant to Section 9.02); provided that this
clause (ii) shall not apply to the vote of a Defaulting Lender in the case of an
amendment, waiver or other modification requiring the consent of such Lender or
each Lender affected thereby;
(iii)    if any Swingline Exposure or LC Exposure exists at the time such Lender
becomes a Defaulting Lender then:
(1)    so long as no Event of Default has occurred and is continuing as to which
the Administrative Agent has received written notice from a Borrower or a
Revolving Lender at the time of any such reallocation, all or any part of the
Swingline Exposure and LC Exposure under the applicable Revolving Facility of
such Defaulting Lender shall be reallocated among the non-Defaulting Lenders
under such Revolving Facility in accordance with their respective Applicable
Percentages (disregarding for this purpose the Revolving Commitments of any
Defaulting Lenders for all purposes of such calculation) but only to the extent
that the sum of all non-Defaulting Lenders’ Revolving Exposures under such
Revolving Facility plus such Defaulting Lender’s Swingline Exposure and LC
Exposure under such Revolving Facility does not exceed the total of all
non-Defaulting Lenders’ Revolving Commitments under such Revolving Facility;

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(2)    if the reallocation described in clause (1) above cannot, or can only
partially, be effected, the applicable Borrowers shall within one Business Day
following notice by the Administrative Agent (x) first, prepay such Swingline
Exposure under such Revolving Facility and (y) second, cash collateralize for
the benefit of the Issuing Bank only the applicable Borrowers’ obligations
corresponding to such Defaulting Lender’s LC Exposure under such Revolving
Facility (after giving effect to any partial reallocation pursuant to clause (1)
above) in accordance with the procedures set forth in Section 2.05(j) for so
long as such LC Exposure is outstanding;
(3)    if the Borrowers cash collateralize any portion of such Defaulting
Lender’s LC Exposure pursuant to clause (2) above, the Borrowers shall not be
required to pay any fees to such Defaulting Lender pursuant to Section 2.11(b)
with respect to such Defaulting Lender’s LC Exposure during the period such
Defaulting Lender’s LC Exposure is cash collateralized;
(4)    if the LC Exposure of the non-Defaulting Lenders is reallocated pursuant
to clause (1) above, then the fees payable to the Lenders pursuant to
Section 2.11(a) and Section 2.11(b) shall be adjusted in accordance with such
non-Defaulting Lenders’ Applicable Percentages; and
(5)    if all or any portion of such Defaulting Lender’s LC Exposure is neither
reallocated nor cash collateralized pursuant to clause (1) or (2) above, then,
without prejudice to any rights or remedies of the Issuing Bank or any other
Lender hereunder, all fees that otherwise would have been payable to such
Defaulting Lender (solely with respect to the portion of such Defaulting
Lender’s Commitment that was utilized by such LC Exposure) and letter of credit
fees payable under Section 2.11(b) with respect to such Defaulting Lender’s LC
Exposure shall be payable to the Issuing Bank until and to the extent that such
LC Exposure is reallocated and/or cash collateralized; and
(iv)    so long as such Lender is a Defaulting Lender, the Swingline Lender
shall not be required to fund any Swingline Loan under the applicable Revolving
Facility and the Issuing Bank shall not be required to issue, amend or increase
any Letter of Credit under the applicable Revolving Facility, unless it is
satisfied that the related exposure and the Defaulting Lender’s then outstanding
LC Exposure under such Revolving Facility will be 100% covered by the Revolving
Commitments under such Revolving Facility of the non-Defaulting Lenders and/or
cash collateral will be provided by the applicable Borrowers in accordance with
Section 2.22(a)(iii), and participating interests in any newly made Swingline
Loan or any newly issued or increased Letter of Credit shall be allocated among
non-Defaulting Lenders in a manner consistent with Section 2.22(a)(iii)(1) (and
such Defaulting Lender shall not participate therein).
(b)    If (i) a Bankruptcy Event with respect to a parent entity of any Lender
shall occur following the Restatement Effective Date and for so long as such
event shall continue or (ii) the Swingline Lender or the Issuing Bank has a good
faith belief that any Lender has defaulted in fulfilling its obligations under
one or more other agreements in which such Lender commits to extend credit, the
Swingline Lender shall not be required to fund any Swingline Loan and the
Issuing Bank shall not be required to issue, amend or increase any Letter of
Credit, unless the Swingline Lender or the Issuing Bank, as the case may be,
shall have entered into arrangements with the applicable Borrowers or such
Lender, satisfactory to the Swingline Lender or the Issuing Bank, as the case
may be, to defease any risk to it in respect of such Lender hereunder.
(c)    In the event that the Administrative Agent, the Borrower Agent, the
Swingline Lender and the Issuing Bank each agrees that a Defaulting Lender has
adequately remedied all matters that caused such Lender to be a Defaulting
Lender, then the Swingline Exposure and LC Exposure of the Revolving Lenders
under the applicable Revolving Facility shall be readjusted to reflect the
inclusion of such Lender’s Revolving Commitment and on such date such Lender
shall purchase at par such of the Revolving Loans and participations in then
outstanding Letters of Credit of the other Revolving Lenders under the
applicable Revolving Facility as the Administrative Agent shall determine may be
necessary in order for such Lender to hold Revolving Loans in accordance with
its Applicable Percentage (whereupon such Lender shall cease to be a Defaulting
Lender).

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(d)    Acknowledgement and Consent to Bail-In of EEA Financial Institutions.
Notwithstanding anything to the contrary in any Loan Document or in any other
agreement, arrangement or understanding among any such parties hereto, each such
party hereto acknowledges that any liability of any Lender or Agent that is an
EEA Financial Institution arising under any Loan Document, to the extent such
liability is unsecured, may be subject to the Write-Down and Conversion Powers
of an EEA Resolution Authority and agrees and consents to, and acknowledges and
agrees to be bound by:
(i)    the application of any Write-Down and Conversion Powers by an EEA
Resolution Authority to any such liabilities arising hereunder which may be
payable to it by any Lender or Agent that is an EEA Financial Institution; and
(ii)    the effects of any Bail-in Action on any such liability, including, if
applicable:
(A)    a reduction in full or in part or cancellation of any such liability;
(B)    a conversion of all, or a portion of, such liability into shares or other
instruments of ownership in such EEA Financial Institution, its parent
undertaking, or a bridge institution that may be issued to it or otherwise
conferred on it, and that such shares or other instruments of ownership will be
accepted by it in lieu of any rights with respect to any such liability under
this Agreement or any other Loan Document; or
(C)    the variation of the terms of such liability in connection with the
exercise of the Write-Down and Conversion Powers of any EEA Resolution
Authority.
SECTION 2.23    Bankers’ Acceptances.
(a)    The Borrowers may issue Bankers’ Acceptances denominated in Canadian
Dollars for acceptance and purchase by the Global Revolving Lenders in
accordance with the provisions of Section 2.01, Section 2.03 and this
Section 2.23.
(b)    Each Bankers’ Acceptance shall have a Contract Period of approximately
30, 60 or 90 days or such other terms as available. No Contract Period shall
extend beyond the Revolving Credit Maturity Date. If such Contract Period would
otherwise end on a day that is not a Business Day, such Contract Period shall
end on the next preceding day that is a Business Day.
(c)    On each Borrowing date on which Bankers’ Acceptances are to be accepted,
the Administrative Agent shall advise the Borrower Agent as to the
Administrative Agent’s determination of the applicable Discount Rate for the
Bankers’ Acceptances which any of the Global Revolving Lenders have agreed to
purchase.
(d)    Each Global Revolving Lender agrees to purchase a Bankers’ Acceptance
accepted by it. The applicable Borrower shall sell, and such Global Revolving
Lender shall purchase, the Bankers’ Acceptance at the applicable Discount Rate.
Such Global Revolving Lender shall provide to the Canadian Funding Office the
Discount Proceeds less the Acceptance Fee payable by the applicable Borrower
with respect to such Bankers’ Acceptance. Such proceeds will then be made
available to the applicable Borrower by the Administrative Agent crediting an
account as directed by such Borrower with the aggregate of the amounts made
available to the Administrative Agent by such Global Revolving Lenders and in
like funds as received by the Administrative Agent.
(e)    Each Global Revolving Lender may from time to time hold, sell, rediscount
or otherwise dispose of any or all Bankers’ Acceptances accepted and purchased
by it.
(f)    To facilitate Borrowings denominated in Canadian Dollars under the Global
Revolving Facility to the Borrowers by way of B/As, the Borrowers hereby appoint
each Global Revolving Lender as its attorney to sign and endorse on its behalf,
in handwriting or by facsimile or mechanical signature as and when

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deemed necessary by such Global Revolving Lender, blank forms of B/As reasonably
acceptable to the Borrower Agent. In this respect, it is each Global Revolving
Lender’s responsibility to maintain an adequate supply of blank forms of B/As
for acceptance under this Agreement. Each Borrower recognizes and agrees that
all B/As required to be accepted and purchased by any Global Revolving Lender
and which are signed and/or endorsed on its behalf by a Global Revolving Lender
shall bind such Borrower as fully and effectually as if signed in the
handwriting of and duly issued by the proper signing officers of such Borrower.
Each Global Revolving Lender is hereby authorized to issue such B/As endorsed in
blank in such face amounts as may be determined by such Global Revolving Lender;
provided that the aggregate amount thereof is equal to the aggregate amount of
B/As required to be accepted and purchased by such Global Revolving Lender. No
Global Revolving Lender shall be liable for any damage, loss or other claim
arising by reason of any loss or improper use of any such instrument except the
gross negligence or willful misconduct of such Global Revolving Lender or its
officers, employees, agents or representatives. On request by the Borrower
Agent, each Global Revolving Lender shall cancel all forms of B/As which have
been pre-signed or pre-endorsed by or on behalf of such Borrower and which are
held by such Global Revolving Lender and have not yet been issued in accordance
herewith. Each Global Revolving Lender shall maintain a record with respect to
B/As held by it in blank hereunder, voided by it for any reason, accepted and
purchased by it hereunder, and cancelled at their respective maturities. Each
Global Revolving Lender agrees to provide such records to the Borrower Agent at
the Borrowers’ expense upon request.
(g)    Drafts drawn by a Borrower to be accepted as Bankers’ Acceptances shall
be signed by a duly authorized officer or officers of such Borrower or by its
attorneys, including attorneys appointed pursuant to Section 2.21(f) above.
Notwithstanding that any Person whose signature appears on any Bankers’
Acceptance may no longer be an authorized signatory for a Borrower, as
applicable, at the time of issuance of a Bankers’ Acceptance, that signature
shall nevertheless be valid and sufficient for all purposes as if the authority
had remained in force at the time of issuance and any Bankers’ Acceptance so
signed shall be binding on such Borrower.
(h)    The Administrative Agent, promptly following receipt of a notice of
Borrowing, continuation or conversion by way of Bankers’ Acceptances, shall
advise the applicable Global Revolving Lenders of the notice and shall advise
each such Global Revolving Lender of the face amount of Bankers’ Acceptances to
be accepted by it and the applicable Contract Period (which shall be identical
for all Global Revolving Lenders). The aggregate face amount of Bankers’
Acceptances to be accepted by a Global Revolving Lender shall be determined by
the Administrative Agent by reference to such Global Revolving Lender’s
Applicable Percentage of the issue of Bankers’ Acceptances, except that, if the
face amount of a Bankers’ Acceptance which would otherwise be accepted by a
Global Revolving Lender would not be CAD$100,000, or a whole multiple thereof,
the face amount shall be increased or reduced by the Administrative Agent in its
sole discretion to CAD$l00,000, or the nearest whole multiple of that amount, as
appropriate.
(i)    Each Borrower waives presentment for payment and any other defense to
payment of any amounts due to a Global Revolving Lender in respect of a Bankers’
Acceptance accepted and purchased by it pursuant to this Agreement which might
exist solely by reason of the Bankers’ Acceptance being held, at the maturity
thereof, by such Global Revolving Lender in its own right. On the specified
maturity date of a B/A, or the date of any prepayment thereof in accordance with
this Agreement, if earlier, the applicable Borrower shall pay to such Global
Revolving Lender that has accepted such B/A the full face amount of such B/A (or
shall make provision for payment by way of conversion or continuation in
accordance with Section 2.07) in full and absolute satisfaction of its
obligations with respect to such B/A, and after such payment, the applicable
Borrower shall have no further liability in respect of such B/A (except to the
extent that any such payment is rescinded or reclaimed by operation of law or
otherwise) and such Global Revolving Lender shall be entitled to all benefits
of, and will make and otherwise be responsible for all payments due to the
redeeming holder or any third parties under, such B/A.
(j)    Whenever a Borrower requests a borrowing by way of Bankers’ Acceptances,
each Non BA Lender shall, in lieu of accepting and purchasing any B/As, make a
Loan (a “BA Equivalent Loan”) to such Borrower in the amount and for the same
term as each Draft which such Lender would otherwise have been required to
accept and purchase hereunder. Each such Lender will provide to the
Administrative Agent the amount of Discount Proceeds of such BA Equivalent Loan
for the account of the applicable Borrower in the same manner as such Lender
would have provided the Discount Proceeds in respect of the Draft which such
Lender would otherwise

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have been required to accept and purchase hereunder. Each such BA Equivalent
Loan will bear interest at the same rate that would result if such Lender had
accepted (and been paid an acceptance fee) and purchased (on a discounted basis)
a B/A for the relevant Contract Period (it being the intention of the parties
that each such BA Equivalent Loan shall have the same economic consequences for
the relevant Lenders and the applicable Borrower as the B/A that such BA
Equivalent Loan replaces). All such interest shall be paid in advance on the
date such BA Equivalent Loan is made, and will be deducted from the principal
amount of such BA Equivalent Loan in the same manner in which the discounted
portion of a B/A would be deducted from the face amount of the B/A. Subject to
the repayment requirements of this Agreement, on the last day of the relevant
Contract Period for such BA Equivalent Loan, the applicable Borrower shall be
entitled to convert each such BA Equivalent Loan into another type of Loan, or
to roll over each such BA Equivalent Loan into another BA Equivalent Loan, all
in accordance with the applicable provisions of this Agreement. Each Non BA
Lender may, at its discretion, request in writing to the Administrative Agent
and the applicable Borrower that BA Equivalent Loans made by it shall be
evidenced by Discount Notes.
(k)    For greater certainty, all provisions of this Agreement that are
applicable to B/As shall also be applicable, mutatis mutandis, to BA Equivalent
Loans, and notwithstanding any other provision of this Agreement, all references
to principal amounts or any repayment or prepayment of any Loans that are
applicable to B/As or BA Drawings shall be deemed to refer to the full face
amount thereof in the case of B/As and to the principal amount of any portion
thereof consisting of BA Equivalent Loans. As set out in the definition of
“Bankers’ Acceptances,” that term includes Discount Notes and all terms of this
Agreement applicable to Bankers’ Acceptances (including the provisions of
Section 2.23(f) relating to their execution by the Global Revolving Lenders
under power of attorney) shall apply equally to Discount Notes evidencing BA
Equivalent Loans with such changes as may in the context be necessary. For
greater certainty:
(i)    the term of a Discount Note shall be the same as the Contract Period for
Bankers’ Acceptances accepted and purchased on the same Borrowing date in
respect of the same borrowing;
(ii)    an acceptance fee will be payable in respect of a Discount Note and
shall be calculated at the same rate and in the same manner as the Acceptance
Fee in respect of a Bankers’ Acceptance; and
(iii)    the Discount Rate applicable to a Discount Note shall be the Discount
Rate applicable to Bankers’ Acceptances accepted by a Global Revolving Lender
that is not a Schedule I Lender in accordance with the definition of “Discount
Rate” on the same Borrowing date or date of continuation or conversion, as the
case may be, in respect of the same borrowing for the relevant Contract Period.
(l)    At the option of the applicable Borrower and any Global Revolving Lender,
Bankers’ Acceptances under this Agreement to be accepted by such Global
Revolving Lender may be issued in the form of depository bills for deposit with
The Canadian Depository for Securities Limited pursuant to the Depository Bills
and Notes Act (Canada). All depository bills so issued shall be governed by the
provisions of this Section 2.23.
(m)    Upon acceptance of a Bankers’ Acceptance by a Global Revolving Lender,
the applicable Borrower shall pay to the Administrative Agent on behalf of such
Global Revolving Lender a fee (the “Acceptance Fee”) calculated on the face
amount of the Bankers’ Acceptance at a rate per annum equal to the Applicable
Rate on the basis of the number of days in the Contract Period for such Bankers’
Acceptance. Any adjustment to the Acceptance Fee (including any adjustment as
necessary to reflect the operation of Section 2.12(d)) shall be computed based
on the number of days remaining in the Contract Period of such Bankers’
Acceptances from and including the effective date of any change in the
Applicable Rate. Any increase in such Acceptance Fee shall be paid by the
applicable Borrower to the Administrative Agent on behalf of the Global
Revolving Lenders on the last day of the Contract Period of the relevant
Bankers’ Acceptance. Any decrease in such Acceptance Fee shall be paid by each
Global Revolving Lender to the applicable Borrower, through the Administrative
Agent, on the last day of the Contract Period of the relevant Bankers’
Acceptance.

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SECTION 2.24    Circumstances Making Bankers’ Acceptances Unavailable.
(a)    If prior to the commencement of any Contract Period, (i) the
Administrative Agent determines in good faith, which determination shall be
conclusive and binding on the applicable Borrowers, and notifies the Borrower
Agent that, by reason of circumstances affecting the money market, there is no
readily available market for Bankers’ Acceptances, or (ii) the Administrative
Agent determines (which determination shall be conclusive absent manifest error)
that adequate and reasonable means do not exist for ascertaining the Discount
Rate or CDOR Rate, as applicable, for such Contract Period; or (iii) the
Administrative Agent is advised by one or more Global Revolving Lenders that the
Discount Rate or CDOR Rate, as applicable, for such Contract Period will not
adequately and fairly reflect the cost to such Lenders (or Lender) of making or
maintaining their portion of such BA Drawings included in such Borrowing for
such Contract Period then:
(i)    the right of the Borrowers to request a borrowing by way of BA Drawing
shall be suspended until the Administrative Agent determines that the
circumstances causing such suspension no longer exist and the Administrative
Agent so notifies the Borrower Agent; and
(ii)    any notice relating to a borrowing by way of BA Drawing which is
outstanding at such time shall be deemed to be a notice requesting a borrowing
by way of Canadian Prime Rate Loans (all as if it were a notice given pursuant
to Section 2.03).
(b)    The Administrative Agent shall promptly notify the Borrower Agent and the
Global Revolving Lenders of the suspension in accordance with Section 2.24(a) of
the Borrowers’ right to request a borrowing by way of BA Drawing and of the
termination of such suspension.
SECTION 2.25    Borrower Agent. Each of the other Borrowers irrevocably appoints
Delphi Corporation (in such capacity, the “Borrower Agent”) as its agent for all
purposes relevant to this Agreement and the other Loan Documents, including the
giving and receipt of notices and execution and delivery of all documents,
instruments, and certificates contemplated herein and all modifications hereto.
Any acknowledgment, consent, direction, certification, or other action which
might otherwise be valid or effective only if given or taken by all or any of
the Borrowers or acting singly, shall be valid and effective if given or taken
only by the Borrower Agent, whether or not any of the other Borrowers join
therein, and the Administrative Agent and the Lenders shall have no duty or
obligation to make further inquiry with respect to the authority of the Borrower
Agent under this Section 2.25; provided that nothing in this Section 2.25 shall
limit the effectiveness of, or the right of the Administrative Agent and the
Lenders to rely upon, any notice (including without limitation a Borrowing
Request or other request for any credit extension or notices of conversion or
continuation of Loans), document, instrument, certificate, acknowledgment,
consent, direction, certification or other action delivered by any Borrower
pursuant to this Agreement.
ARTICLE III
    
Representations and Warranties
The Credit Agreement Parties, jointly and severally, represent and warrant to
the Lenders as of the Restatement Effective Date and (except as to
representations and warranties made as of a certain date) as of the date such
representations and warranties are deemed to be made under Section 4.02 of this
Agreement that:
SECTION 3.01    Organization; Powers. Each of the Parent Entity and its Material
Subsidiaries is duly organized, validly existing and in good standing (to the
extent such concept is applicable in the relevant jurisdiction) under the laws
of the jurisdiction of its organization, has all requisite power and authority
to carry on its business as now conducted and is qualified to do business in,
and is in good standing (to the extent such concept is applicable) in, every
jurisdiction where such qualification is required, except in each case (other
than existence of the Loan Parties) where the failure to do so, individually or
in the aggregate, could not reasonably be expected to result in a Material
Adverse Effect.

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SECTION 3.02    Authorization; Enforceability. The Transactions are within each
Loan Party’s corporate, limited liability company or partnership powers and have
been duly authorized by all necessary corporate or other organizational and, if
required, stockholder action. The Loan Documents have been duly executed and
delivered by the Loan Parties party thereto and constitute a legal, valid and
binding obligation of the Loan Parties party thereto, enforceable against such
Loan Parties in accordance with their terms, subject to applicable bankruptcy,
insolvency, reorganization, moratorium or other laws affecting creditors’ rights
generally and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law.
SECTION 3.03    Governmental Approvals; No Conflicts. The Transactions (a) do
not require any consent or approval of, registration or filing with, or any
other action by, any Governmental Authority, except for (A) the approvals,
consents, registrations, actions and filings which have been duly obtained,
taken, given or made and are in full force and effect and (B) those approvals,
consents, registrations or other actions or filings, the failure of which to
obtain or make could not reasonably be expected to have a Material Adverse
Effect, (b) will not violate (i) any applicable law or regulation or order of
any Governmental Authority or (ii) the charter, by-laws or other organizational
documents of any Loan Party, (c) will not violate or result in a default under
any indenture, agreement or other instrument binding upon any Loan Party or its
assets, or give rise to a right thereunder to require any payment to be made by
any Loan Party, and (d) will not result in the creation or imposition of any
Lien on any material asset of any Loan Party (other than Liens permitted by
Section 6.02); except with respect to any violation or default referred to in
clause (b)(i) or (c) above, to the extent that such violation or default could
not reasonably be expected to have a Material Adverse Effect.
SECTION 3.04    Financial Statements; Financial Condition; No Material Adverse
Change.
(a)    The Borrower Agent has heretofore furnished to the Lenders the
consolidated balance sheet and statements of earnings, stockholders equity and
cash flows of Parent as of and for the years ended December 31, 2014 and
December 31, 2015 reported on by Ernst & Young LLP, independent public
accountants, which financial statements present fairly, in all material
respects, the consolidated financial position and results of operations and cash
flows of Parent as of such dates and for such periods in accordance with GAAP.
(b)    Since December 31, 2015, there has been no material adverse change in the
business, assets, properties or financial condition of the Parent Entity and its
Restricted Subsidiaries, taken as a whole.
SECTION 3.05    Properties.
(a)    Each Loan Party has title to, or valid leasehold interests in, all its
material real and personal property material to its business, except for minor
defects in title that do not interfere with its ability to conduct its business
as currently conducted or to utilize such properties for their intended purposes
and except where the failure to have such title or interest could not reasonably
be expected to have a Material Adverse Effect.
(b)    Each of the Parent Entity and its Restricted Subsidiaries owns, or is
licensed or possesses the right to use, all trademarks, tradenames, copyrights,
patents and other intellectual property material to the operation of the
business of the Parent Entity, the Borrowers and the Restricted Subsidiaries,
taken as a whole, and, to the knowledge of the Borrower Agent, the use thereof
by the Parent Entity and its Restricted Subsidiaries does not infringe upon the
rights of any other Person, except for any such infringements that, individually
or in the aggregate, could not reasonably be expected to result in a Material
Adverse Effect.
SECTION 3.06    Litigation and Environmental Matters.
(a)    There are no actions, suits or proceedings by or before any arbitrator or
Governmental Authority pending against or, to the knowledge of the Borrower
Agent, threatened against or affecting the Parent Entity or any of its
Restricted Subsidiaries as to which there is a reasonable possibility of an
adverse determination and that could reasonably be expected, individually or in
the aggregate, to result in a Material Adverse Effect.

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(b)    Except with respect to any matters that, individually or in the
aggregate, could not reasonably be expected to result in a Material Adverse
Effect, neither the Parent Entity nor any of its Restricted Subsidiaries (i) has
failed to comply with any applicable Environmental Law or to obtain, maintain or
comply with any permit, license or other approval required under any
Environmental Law, (ii) has become subject to any Environmental Liability,
(iii) has received notice of any claim with respect to any Environmental
Liability or (iv) knows of any basis for any Environmental Liability.
SECTION 3.07    Compliance with Laws. Each of the Parent Entity and its
Restricted Subsidiaries is in compliance with all laws, regulations and orders
of any Governmental Authority applicable to it or its property, except where the
failure to do so, individually or in the aggregate, could not reasonably be
expected to result in a Material Adverse Effect.
SECTION 3.08    Investment Company Status. Neither the Parent Entity nor any of
its Restricted Subsidiaries is required to register as an “investment company”
as defined in the Investment Company Act of 1940.
SECTION 3.09    Taxes. The Parent Entity and each of its Restricted Subsidiaries
has timely filed or caused to be filed (taking into account extensions) all Tax
returns and reports required to have been filed and has paid or caused to be
paid all Taxes levied or imposed upon them or their properties, income or assets
otherwise due and payable (including in its capacity as a withholding agent),
except, in each case, (a) Taxes that are being contested in good faith by
appropriate proceedings that stay the enforcement of the tax in question and for
which the Parent Entity or such Restricted Subsidiary, as applicable, has set
aside on its books reserves to the extent required by GAAP or (b) to the extent
that the failure to make such filing or payment could not reasonably be
expected, individually or in the aggregate, to result in a Material Adverse
Effect. There is no current, proposed or, to the Borrower Agent’s knowledge any
pending, Tax assessment, deficiency or other claim against the Parent Entity or
any of its Restricted Subsidiaries except (i) those being actively contested by
the Parent Entity or such Restricted Subsidiary in good faith and by appropriate
proceedings that stay the enforcement of the tax in question and for which
adequate reserves have been provided in accordance with GAAP or (ii) those would
not reasonably be expected to, individually or in the aggregate, have a Material
Adverse Effect.
SECTION 3.10    Solvency. On the Restatement Effective Date after giving effect
to the transactions to occur on the Restatement Effective Date, the Loan
Parties, on a consolidated basis, are Solvent.
SECTION 3.11    Disclosure. As of the Restatement Effective Date, (a) none of
the reports, financial statements, certificates or other written information
(excluding any financial projections or pro forma financial information)
furnished by or on behalf of Parent or any Borrower to the Administrative Agent
or any Lender in connection with the negotiation of this Agreement or delivered
hereunder (as modified or supplemented by other information so furnished), when
taken as a whole, contains as of the date of such statement, information,
document or certificate was so furnished any material misstatement of fact or
omits to state any material fact necessary to make the statements therein, in
the light of the circumstances under which they were made, not materially
misleading and (b) the projections and pro forma financial information contained
in the materials referenced above have been prepared in good faith based upon
assumptions believed by management of Parent to be reasonable at the time made,
it being recognized by the Lenders that such financial information as it relates
to future events is not to be viewed as fact and that actual results during the
period or periods covered by such financial information may differ from the
projected results set forth therein by a material amount.
SECTION 3.12    Federal Reserve Regulations. No part of the proceeds of any Loan
have been used or will be used, whether directly or indirectly, for any purpose
that entails a violation of any of the Regulations of the Board, including
Regulations T, U and X. Neither the Parent Entity nor any of its Restricted
Subsidiaries is engaged principally, or as one of its important activities, in
the business of extending credit for the purpose of buying or carrying margin
stock (as defined in Regulation U).
SECTION 3.13    Anti-Corruption Laws; Sanctions. The Parent Entity has
implemented and maintains in effect policies and procedures designed to ensure
compliance by the Parent Entity, the Borrowers, their

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respective Subsidiaries and their respective directors, officers, employees and
agents with Anti-Corruption Laws and applicable Sanctions, and the Parent
Entity, the Borrowers, their respective Subsidiaries and, to the knowledge of
the Responsible Officers of the Parent Entity, their respective officers,
employees directors and agents, are in compliance with Anti-Corruption Laws and
applicable Sanctions, except for violations that are not material. None of the
Parent Entity, any Borrower, any Subsidiary or to the knowledge of the Parent
Entity, any of their respective directors, officers or employees or agents, is a
Sanctioned Person.
ARTICLE IV
    
Conditions
SECTION 4.01    Restatement Effective Date.
The effectiveness of this Agreement is subject to the satisfaction of the
following conditions (the date such conditions are satisfied, the “Restatement
Effective Date”):
(a)    The Administrative Agent (or its counsel) shall have received from the
Required Lenders (under and as defined in the Original Credit Agreement), each
Lender with a Tranche A Term Commitment and each Lender with a Revolving
Commitment either (A) a counterpart of the Restatement Agreement signed on
behalf of such party or (B) written evidence reasonably satisfactory to the
Administrative Agent that such party signed a counterpart of the Restatement
Agreement.
(b)    The Administrative Agent (or its counsel) shall have received from each
Guarantor either (A) a counterpart of the Guaranty signed on behalf of such
Guarantor or (B) written evidence reasonably satisfactory to the Administrative
Agent (which may include telecopy or electronic mail transmission in accordance
with Section 9.01(b) of a signed signature page of the Guaranty) that such party
signed a counterpart of the Guaranty.
(c)    The Administrative Agent shall have received a signed certificate of a
Responsible Officer stating that the conditions set forth in Section 4.02 are
satisfied as of such date.
(d)    The Administrative Agent shall have received the executed legal opinions
of (i) Paul Hastings LLP, special New York counsel to the Borrower, (ii) CMS
Cameron McKenna LLP, local counsel to the Guarantors in the United Kingdom and
(iii) Carey Olsen, local counsel to Parent in Jersey, in each case, in form
reasonably satisfactory to the Administrative Agent. The Borrower Agent hereby
requests such counsel to deliver such opinions.
(e)    The Administrative Agent shall have received such customary closing
documents and certificates as the Administrative Agent or its counsel may
reasonably request relating to the organization, existence and good standing of
the initial Loan Parties, the authorization of the Transaction and any other
legal matters relating to such Loan Parties, the Loan Documents or the
Transactions, all in form and substance reasonably satisfactory to the
Administrative Agent and its counsel.
(f)    To the extent reasonably requested in writing by the Lenders at least
five Business Days prior to the Restatement Effective Date, the Lenders shall
have received on or prior to the Restatement Effective Date all documentation
and other information in order to allow the Lenders to comply with the USA
PATRIOT Act.
(g)    The Administrative Agent and the Arrangers shall have received all fees
and other amounts due and payable on or prior to the Restatement Effective Date,
including, to the extent invoiced, reimbursement or payment of all reasonable
out-of-pocket expenses required to be reimbursed or paid by the Borrowers
hereunder.

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SECTION 4.02    Each Credit Event. The obligation of each Lender to make a Loan
on the occasion of any Borrowing (but not a conversion or continuation of
Loans), and of the Issuing Banks to issue, amend, renew or extend any Letter of
Credit (including the initial Loans made on the Restatement Effective Date) is
subject to the satisfaction of the following conditions:
(a)    The representations and warranties of the Loan Parties set forth in this
Agreement and the other Loan Documents shall be true and correct in all material
respects on and as of the date of such Borrowing or the date of issuance,
amendment, renewal or extension of such Letter of Credit, as applicable, except
where any representation and warranty is expressly made as of a specific earlier
date, such representation and warranty shall be true in all material respects as
of any such earlier date; provided that the representations and warranties set
forth in Sections 3.04(b) and 3.06 shall not be required to be made after the
Restatement Effective Date.
(b)    At the time of and immediately after giving effect to such Borrowing or
the issuance, amendment, renewal or extension of such Letter of Credit, as
applicable, no Default shall have occurred and be continuing; and
(c)    The Borrower Agent shall have provided any required notice of such
Borrowing or issuance, amendment, renewal or extension pursuant to Section 2.03,
2.04 or 2.05, as applicable.
Each Borrowing and each issuance, amendment, renewal or extension of a Letter of
Credit shall be deemed to constitute a representation and warranty by the
Borrowers on the date thereof as to the matters specified in paragraphs (a) and
(b) of this Section 4.02.
ARTICLE V
    
Affirmative Covenants
Until the Commitments have expired or been terminated and the principal of and
interest on each Loan and all fees payable hereunder shall have been paid in
full and all Letters of Credit shall have expired or terminated and all LC
Disbursements shall have been reimbursed, the Credit Agreement Parties covenant
and agree with the Lenders that:
SECTION 5.01    Financial Statements and Other Information. The Borrower Agent
will furnish to the Administrative Agent for distribution to the Lenders:
(a)    as soon as available, but in any event within ninety (90) days (or to the
extent that the SEC grants an extension of such period, such longer period as
may be extended by the SEC, not to exceed one-hundred and five (105) days) after
the end of each fiscal year of the Parent Entity, the audited consolidated
balance sheet of the Parent Entity and its Consolidated Subsidiaries and related
statements of operations, stockholders’ equity and cash flows as of the end of
and for such year, setting forth in each case in comparative form the figures
for the previous fiscal year, all reported on by Ernst & Young LLP or other
independent public accountants of recognized national standing (without a “going
concern” or like qualification or exception and without any qualification or
exception as to the scope of such audit) to the effect that such consolidated
financial statements present fairly in all material respects the financial
position and results of operations of the Parent Entity and its Consolidated
Subsidiaries on a consolidated basis in accordance with GAAP;
(b)    as soon as available, but in any event within forty-five (45) days (or to
the extent that the SEC grants an extension of such period, such longer period
as may be extended by the SEC, not to exceed sixty (60) days) after the end of
each of the first three fiscal quarters of each fiscal year of the Parent
Entity, the unaudited consolidated balance sheet of the Parent Entity and its
Consolidated Subsidiaries and related statements of operations and cash flows as
of the end of and for such fiscal quarter and the then elapsed portion of the
fiscal year, setting forth in each case in comparative form the figures for the
corresponding

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period or periods of (or, in the case of the balance sheet, as of the end of)
the previous fiscal year, all certified by a Financial Officer as presenting
fairly in all material respects the financial position and results of operations
of the Parent Entity and its Consolidated Subsidiaries on a consolidated basis
in accordance with GAAP, subject to normal year-end audit adjustments and the
absence of footnotes;
(c)    concurrently with any delivery of financial statements under clause (a)
or except in the case of subclause (y) below, (b) above, a certificate
substantially in form and substance reasonably acceptable to Administrative
Agent and executed by a Financial Officer (x) certifying as to whether, to the
knowledge of such Financial Officer after reasonable inquiry, a Default has
occurred and is continuing and, if so, specifying the details thereof and any
action taken or proposed to be taken with respect thereto; and (y) setting forth
reasonably detailed calculations demonstrating compliance with Section 6.08 as
of the last day of the period covered by such financial statements;
(d)    simultaneously with the delivery of the financial statements referred to
in Sections 5.01(a) and (b) above, consolidating financial statements reflecting
the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries
(if any) from such consolidated financial statements.
(e)    promptly after the same become publicly available, copies of all annual,
quarterly and current reports and proxy statements filed by the Parent Entity or
any Restricted Subsidiary with the SEC, or any Governmental Authority succeeding
to any or all of the functions of said Commission; and
(f)    promptly following any request therefor, such other information regarding
the operations, business affairs and financial condition of the Parent Entity or
any Restricted Subsidiary, or compliance with the terms of this Agreement, as
the Administrative Agent or any Lender (through the Administrative Agent) may
reasonably request.
Financial statements and other information required to be delivered pursuant to
Sections 5.01(a), 5.01(b) and 5.01(e) shall be deemed to have been delivered if
such statements and information shall have been posted by the Parent Entity on
its website or shall have been posted on IntraLinks or similar site to which all
of the Lenders have been granted access or are publicly available on the SEC’s
website pursuant to the EDGAR system.
SECTION 5.02    Notices of Material Events. The Borrower Agent will furnish to
the Administrative Agent (for prompt notification to each Lender) prompt (but in
any event within five (5) Business Days) written notice after any Financial
Officer of the Borrower Agent obtains knowledge of the following:
(a)    the occurrence of any continuing Default;
(b)    the filing or commencement of any action, suit or proceeding by or before
any arbitrator or Governmental Authority against or affecting the Parent Entity,
any Restricted Subsidiary or any Affiliate thereof that could reasonably be
expected to result in a Material Adverse Effect; and
(c)    the occurrence of any ERISA Event that, alone or together with any other
ERISA Events that have occurred, could reasonably be expected to result in a
Material Adverse Effect.
Each notice delivered under this Section shall be accompanied by a statement of
a Financial Officer or other executive officer of the Borrower Agent setting
forth the details of the event or development requiring such notice and any
action taken or proposed to be taken with respect thereto.
SECTION 5.03    Existence; Conduct of Business. The Parent Entity will, and will
cause each of its Material Subsidiaries to, do or cause to be done all things
necessary to preserve, renew and keep in full force and effect (i) its legal
existence, and (ii) the rights, licenses, permits, privileges and franchises
material to the conduct of its business, except, in the case of the preceding
clause (ii), to the extent that the failure to do so could not reasonably be
expected to have a Material Adverse Effect; provided that the foregoing shall
not prohibit any transaction permitted under Section 6.04.

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SECTION 5.04    Payment of Taxes. Except as would not, individually or in the
aggregate, reasonably be expected to have a Material Adverse Effect, each Loan
Party will, and will cause each of its Restricted Subsidiaries to, pay all of
its Taxes (including Taxes imposed upon it or any of its properties or assets or
in respect of any of its income, businesses or franchises) before any penalty or
fine accrues thereon; provided that no such Tax or claim need be paid if it is
being contested in good faith by appropriate proceedings, so long as adequate
reserves or other appropriate provision, if any, as shall be required in
conformity with GAAP shall have been made therefor.
SECTION 5.05    Maintenance of Properties; Insurance. The Parent Entity will,
and will cause each of its Restricted Subsidiaries to, (a) keep and maintain all
Property material to the conduct of its business in good working order and
condition, ordinary wear and tear excepted and casualty or condemnation
excepted, except if the failure to do so could not reasonably be expected to
have a Material Adverse Effect, and (b) maintain, with financially sound and
reputable insurance companies or through self-insurance, insurance in such
amounts and against such risks as are customarily maintained by companies
engaged in the same or similar businesses operating in the same or similar
locations.
SECTION 5.06    Inspection Rights. The Parent Entity will, and will cause each
of its Restricted Subsidiaries to, permit any representatives designated by the
Administrative Agent or, during the continuance of an Event of Default, any
Lender, upon reasonable prior notice, to visit and inspect its properties, to
examine and make extracts from its books and records, and to discuss its
affairs, finances and condition with its officers and use commercially
reasonable efforts to make its independent accountants available to discuss the
affairs, finances and condition of the Borrowers, all at such reasonable times
and as often as reasonably requested and in all cases subject to applicable Law
and the terms of applicable confidentiality agreements; provided that (i) the
Lenders will conduct such requests for visits and inspections through the
Administrative Agent and (ii) unless an Event of Default has occurred and is
continuing, such visits and inspections can occur no more frequently than once
per year and the costs and expenses of only one such visit or inspection per
year shall be required to be reimbursed by the Borrowers pursuant to
Section 9.03.
SECTION 5.07    Compliance with Laws. The Parent Entity will, and will cause
each of its Restricted Subsidiaries to, comply with all laws, rules, regulations
and orders of any Governmental Authority applicable to it or its property
(including without limitation Environmental Laws, in each case except where the
failure to do so, individually or in the aggregate, could not reasonably be
expected to result in a Material Adverse Effect.
SECTION 5.08    Use of Proceeds and Letters of Credit. The Borrowers shall use
the Letters of Credit and the proceeds of Loans and other credit extensions made
under this Agreement only to finance the working capital needs, and for general
corporate purposes (including refinancing of existing Indebtedness, acquisitions
and other investments), of the Parent Entity and its Restricted Subsidiaries. No
part of the proceeds of any Loan will be used, whether directly or indirectly,
for any purpose that entails a violation of any of the Regulations of the Board,
including Regulations T, U and X, or of any Anti-Corruption Law or applicable
Sanctions.
SECTION 5.09    Further Assurances; Additional Guarantors.
(a)    If any Restricted Subsidiary of the Parent Entity Guarantees any debt
securities of the Parent Entity or any Loan Party, each such Restricted
Subsidiary shall, (x) with respect to any such Restricted Subsidiary on the
Restatement Effective Date, on the Restatement Effective Date pursuant to
Section 4.01 and (y) thereafter, within 30 days of such Restricted Subsidiary
providing such Guarantee of such debt securities, execute and deliver to the
Administrative Agent the Guaranty or a joinder to the Guaranty pursuant to which
such Restricted Subsidiary will provide a Guarantee of the Obligations for so
long as such debt securities remain outstanding and are Guaranteed by such
Restricted Subsidiary. For the avoidance of doubt, any such Guarantee referred
to in this Section 5.09(a) shall be automatically released if (i) the subject
debt securities cease to be outstanding or (ii) the subject debt securities are
no longer Guaranteed by the Restricted Subsidiary providing such Guarantee.

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(b)    If any Restricted Subsidiary of the Parent Entity (other than the U.S.
Parent Borrower) becomes a Borrower hereunder, each such Restricted Subsidiary
shall, at the time that the applicable Subsidiary Borrower election becomes
effective, execute and deliver to the Administrative Agent a joinder to the
Guaranty pursuant to which such Restricted Subsidiary will provide a Guarantee
of the Obligations (with respect to the other Borrowers) for so long as such
Restricted Subsidiary is a Subsidiary Borrower. For the avoidance of doubt, any
such Guarantee referred to in this Section 5.09(b) shall be automatically
released if such Restricted Subsidiary ceases to be a Borrower hereunder.
(c)    The Parent Entity, at its option, may cause any Restricted Subsidiary of
the Parent Entity to become a Guarantor of the Obligations, and if such
Restricted Subsidiary is not otherwise required under this Agreement to provide
a Guarantee of the Obligations and no Event of Default has occurred and is
continuing or would result therefrom, the Parent Entity, at its option, may
cause any such Guarantee to be released pursuant to paragraph (i) of
Article VIII, subject to applicable Law.
SECTION 5.10    Unrestricted Subsidiaries.
(a)    The Parent Entity may at any time designate any Subsidiary (other than a
Borrower) as an Unrestricted Subsidiary or designate (or re-designate, as the
case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided,
that:
(i)    immediately before and after such designation (or re-designation), no
Event of Default shall be continuing, unless such re-designation is otherwise
required under this Agreement;
(ii)    the Parent Entity shall be in compliance, on a Pro Forma Basis, with
Section 6.08;
(iii)    no Subsidiary may be designated as an Unrestricted Subsidiary if such
Subsidiary or any of its Subsidiaries owns any Equity Interests of, or owns or
holds any Lien on any property of, any Borrower or any Restricted Subsidiary of
the Parent Entity that is not a Subsidiary of the Subsidiary to be so designated
or if such Subsidiary has Indebtedness outstanding that is recourse to the
Parent Entity or any Restricted Subsidiary; and
(iv)    no Subsidiary may be designated as an Unrestricted Subsidiary if, after
such designation, it would be a “Restricted Subsidiary” for the purpose of any
Material Indebtedness of any Loan Party.
(b)    The designation of any Unrestricted Subsidiary as a Restricted Subsidiary
will constitute the incurrence at the time of designation (or, solely in the
case of any such designation made to satisfy the Unrestricted Subsidiary Cap,
the 91st day following such designation) of any Indebtedness and Liens of such
Subsidiary existing at such time; provided that, if any such designations made
to satisfy the Unrestricted Subsidiary Cap and the operation of this
Section 5.10(b) would cause, without giving effect to the 90-day grace period
herein, a breach of Section 6.01 or 6.02, the Parent Entity shall use its
commercially reasonable efforts to cause it and its Restricted Subsidiaries to
comply as promptly as practicable with Section 6.01 and/or 6.02, as applicable,
including causing one or more of such newly-designated Restricted Subsidiaries
to become Guarantors (subject to any limitations under agreements of such
Subsidiaries or applicable Law).
ARTICLE VI
    
Negative Covenants
From the Restatement Effective Date until the Commitments have expired or
terminated and the principal of and interest on each Loan and all fees payable
hereunder have been paid in full and all Letters of Credit have expired or
terminated and all LC Disbursements shall have been reimbursed, the Credit
Agreement Parties covenant and agree with the Lenders that:

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SECTION 6.01    Indebtedness. The Parent Entity will not permit any of its
Restricted Subsidiaries to create, incur, assume or permit to exist, any
Indebtedness, except:
(a)    Indebtedness created under the Loan Documents;
(b)    Indebtedness existing on the Restatement Effective Date and set forth in
Schedule 6.01 (other than Indebtedness under Permitted Receivables Facilities)
and Permitted Refinancing Indebtedness in respect of Indebtedness permitted by
this clause (b);
(c)    Indebtedness (i) of any Restricted Subsidiary to the Parent Entity or any
Restricted Subsidiary or (ii) of any Loan Party;
(d)    Indebtedness incurred to finance the acquisition, construction, repair,
replacement or improvement of any fixed or capital assets, including Capital
Lease Obligations and any Indebtedness assumed in connection with the
acquisition of any such assets or secured by a Lien on any such assets prior to
the acquisition thereof, and any Permitted Refinancing Indebtedness in respect
of Indebtedness permitted by this clause (e); provided that (i) such
Indebtedness (other than Permitted Refinancing Indebtedness permitted above in
this clause (e)) is incurred prior to or within two hundred seventy (270) days
after such acquisition or the completion of such construction, repair,
replacement or improvement and (ii) the aggregate principal amount of
Indebtedness permitted by this clause (d) shall not exceed $125,000,000 at any
time outstanding;
(e)    Indebtedness in respect of workers compensation claims, health,
disability or other employee benefits or property, casualty or liability
insurance or self-insurance in the ordinary course of business;
(f)    Indebtedness incurred pursuant to Permitted Receivables Facilities;
provided that the Attributable Receivables Indebtedness thereunder shall not
exceed an aggregate amount of $650,000,000 at any time outstanding;
(g)    Indebtedness under Swap Agreements entered into in the ordinary course of
business and not for speculative purposes;
(h)    Indebtedness in respect of bid, performance, surety, stay, customs,
appeal or replevin bonds or performance and completion guarantees and similar
obligations issued or incurred in the ordinary course of business;
(i)    Indebtedness in respect of judgments, decrees, attachments or awards that
do not constitute an Event of Default under clause (k) of Article VII;
(j)    Indebtedness consisting of bona fide purchase price adjustments,
earn-outs, indemnification obligations, obligations under deferred compensation
or similar arrangements and similar items incurred in connection with
acquisitions and asset sales not prohibited by Section 6.05 or 6.11;
(k)    Indebtedness in the form of (x) guarantees of loans and advances to
officers, directors, consultants and employees, in an aggregate amount not to
exceed $10,000,000 at any one time outstanding, and (y) reimbursements owed to
officers, directors, consultants and employees;
(l)    [Reserved;]
(m)    Indebtedness in respect of card obligations, netting services, overdraft
protections, cash management services and similar arrangements, in each case, in
the ordinary course of business;

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(n)    Indebtedness consisting of (x) the financing of insurance premiums with
the providers of such insurance or their affiliates or (y) take-or-pay
obligations contained in supply arrangements, in each case, in the ordinary
course of business;
(o)    Indebtedness supported by a Letter of Credit, in a principal amount not
to exceed the face amount of such Letter of Credit;
(p)    letters of credit denominated in foreign currencies in an aggregate face
amount outstanding at any time not to exceed $50,000,000;
(q)    (i) Indebtedness not otherwise permitted by this Section 6.01; provided
that Indebtedness shall be permitted to be incurred pursuant to this
clause (q)(i) only if at the time such Indebtedness is incurred the aggregate
principal amount of Indebtedness outstanding (or deemed outstanding) pursuant to
this clause (q)(i), when combined with the aggregate principal amount of
Indebtedness secured by Liens permitted under Section 6.02(r)(i) and the
aggregate principal amount of Attributable Indebtedness outstanding under
Section 6.05(c), would not exceed the Permitted Priority Debt Amount; and
(ii) Permitted Refinancing Indebtedness in respect of Indebtedness permitted
under the foregoing clause (q)(i); and
(r)    all premiums (if any), interest (including post-petition interest), fees,
expenses, charges and additional or contingent interest on obligations described
in clauses (a) through (q) above.
SECTION 6.02    Liens. The Parent Entity will not, and will not permit any of
its Restricted Subsidiaries to, create, incur, assume or permit to exist any
Lien on any Property now owned or hereafter acquired by it, without effectively
providing that the Obligations shall be secured equally and ratably with (or
prior to) the obligations so secured for so long as such obligations are so
secured, except:
(a)    Permitted Encumbrances;
(b)    Liens on cash collateral required to be provided for Letters of Credit in
accordance with the terms of this Agreement;
(c)    any Lien on any Property of the Parent Entity or any Restricted
Subsidiary existing on the Restatement Effective Date and set forth in
Schedule 6.02 and any modifications, replacements, renewals or extensions
thereof; provided that (i) such Lien shall not apply to any other Property of
the Parent Entity or any Restricted Subsidiary other than (A) improvements and
after-acquired Property that is affixed or incorporated into the Property
covered by such Lien, and (B) proceeds and products thereof, and (ii) such Lien
shall secure only those obligations which it secures on the Restatement
Effective Date and any Permitted Refinancing Indebtedness in respect thereof;
(d)    any Lien existing on any Property prior to the acquisition thereof by the
Parent Entity or any Restricted Subsidiary or existing on any Property of any
Person that becomes a Restricted Subsidiary after the Restatement Effective Date
prior to the time such Person becomes a Restricted Subsidiary; provided that
(i) such Lien is not created in contemplation of or in connection with such
acquisition or such Person becoming a Restricted Subsidiary, as the case may be,
(ii) such Lien shall not apply to any other Property of the Parent Entity or any
other Restricted Subsidiary (other than the proceeds or products thereof and
other than improvements and after-acquired property that is affixed or
incorporated into the Property covered by such Lien) and (iii) such Lien shall
secure only those obligations which it secures on the date of such acquisition
or the date such Person becomes a Restricted Subsidiary, as the case may be, and
Permitted Refinancing Indebtedness in respect thereof;
(e)    Liens on fixed or capital assets acquired, constructed, repaired,
replaced or improved by the Parent Entity or any Restricted Subsidiary; provided
that (i) such security interests and the Indebtedness secured thereby (other
than Permitted Refinancing Indebtedness) are incurred prior to or within two

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hundred seventy (270) days after such acquisition or the completion of such
construction, repair or replacement or improvement, (iii) the Indebtedness
secured thereby does not exceed the cost of acquiring, constructing or improving
such fixed or capital assets and (iv) such security interests shall not apply to
any other Property of the Parent Entity or any Restricted Subsidiary except for
accessions to such Property, Property financed by such Indebtedness and the
proceeds and products thereof; provided further that individual financings of
equipment provided by one lender may be cross-collateralized to other financings
of equipment provided by such lender;
(f)    rights of setoff and similar arrangements and Liens in favor of
depository and securities intermediaries to secure obligations owed in respect
of card obligations or any overdraft and related liabilities arising from
treasury, depository and cash management services or any automated clearing
house transfers of funds and fees and similar amounts related to bank accounts
or securities accounts (including Liens securing letters of credit, bank
guarantees or similar instruments supporting any of the foregoing);
(g)    Liens on Receivables and Permitted Receivables Facility Assets securing
Indebtedness arising under Permitted Receivables Facilities;
(h)    Liens (i) on “earnest money” or similar deposits or other cash advances
in connection with acquisitions and investments or (ii) consisting of an
agreement to Dispose of any Property;
(i)    leases, licenses, subleases or sublicenses granted to others in the
ordinary course of business which do not (i) interfere in any material respect
with the business of the Parent Entity or any Restricted Subsidiary or
(ii) secure any Indebtedness;
(j)    Liens in favor of customs and revenue authorities arising as a matter of
law to secure payment of customs duties in connection with the importation of
goods in the ordinary course of business;
(k)    Liens (i) of a collection bank arising under Section 4-210 of the Uniform
Commercial Code on items in the course of collection and (ii) attaching to
commodity trading accounts or other commodities brokerage accounts incurred in
the ordinary course of business, including Liens encumbering reasonable
customary initial deposits and margin deposits;
(l)    Liens arising out of conditional sale, title retention, consignment or
similar arrangements for sale of goods entered into by the Parent Entity or any
Restricted Subsidiary in the ordinary course of business permitted by this
Agreement;
(m)    Liens deemed to exist in connection with investments in repurchase
agreements;
(n)    rights of setoff relating to purchase orders and other agreements entered
into with customers of the Parent Entity or any Restricted Subsidiary in the
ordinary course of business;
(o)    ground leases in respect of real property on which facilities owned or
leased by the Parent Entity or any of its Restricted Subsidiaries are located
and other Liens affecting the interest of any landlord (and any underlying
landlord) of any real property leased by the Parent Entity or any Restricted
Subsidiary;
(p)    Liens on equipment owned by the Parent Entity or any Restricted
Subsidiary and located on the premises of any supplier and used in the ordinary
course of business and not securing Indebtedness;
(q)    any restriction or encumbrance with respect to the pledge or transfer of
the Equity Interests of a Person that is not a Restricted Subsidiary;
(r)    (i) Liens not otherwise permitted by this Section 6.02; provided that a
Lien shall be permitted to be incurred pursuant to this clause (r) only if at
the time such Lien is incurred the aggregate principal amount of the obligations
secured at such time (including such Lien) by Liens outstanding (or

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deemed outstanding) pursuant to this clause (r)(i), when combined with the
aggregate principal amount of Indebtedness outstanding under Section 6.01(q)(i)
and the aggregate principal amount of Attributable Indebtedness outstanding
under Section 6.05(e), would not exceed the Permitted Priority Debt Amount; and
(ii) Liens securing Permitted Refinancing Indebtedness permitted under
Section 6.01(q)(ii);
(s)    Liens on any Property of the Parent Entity and its Restricted
Subsidiaries in favor of the Parent Entity or any of its Restricted
Subsidiaries;
(t)    Liens securing Indebtedness (i) under Swap Agreements entered into in the
ordinary course of business and not for speculative purposes and (ii) in respect
of card obligations, netting services, overdraft protections, cash management
services and similar arrangements, in each case, in the ordinary course of
business; and
(u)    Liens arising from UCC financing statement filings regarding leases and
consignments entered into by the Parent Entity and its Restricted Subsidiaries
in the ordinary course of business.
SECTION 6.03    All or Substantially All Assets. The Parent Entity shall not,
nor shall it permit its Restricted Subsidiaries to, Dispose of all or
substantially all of the assets of the Parent Entity and its Restricted
Subsidiaries, on a consolidated basis, other than pursuant to a transaction
permitted under Section 6.04.
SECTION 6.04    Fundamental Changes.
(a)    No Borrower (other than the Parent Entity) will merge into or consolidate
with any other Person, or permit any other Person to merge into or consolidate
with it, or liquidate or dissolve, except that, if at the time thereof and
immediately after giving effect thereto, no Event of Default shall have occurred
and be continuing, any Borrower (other than the Parent Entity) may be
consolidated with, merged into or liquidated or dissolved into, any Person;
provided that, simultaneously with such transaction, (x) the Person formed by
such consolidation or into which such Borrower is merged, liquidated or
dissolved shall expressly assume all obligations of such Borrower under the Loan
Documents, (y) the Person formed by such consolidation or into which such
Borrower is merged, liquidated or dissolved shall be organized under the laws of
the jurisdiction of such Borrower and (z) such Borrower shall have delivered to
the Administrative Agent an officer’s certificate and an opinion of counsel,
each stating that such merger, consolidation, liquidation or dissolution and
such supplement to this Agreement comply with this Agreement.
(b)    The Parent Entity will not merge into or consolidate with any other
Person, or permit any other Person to merge into or consolidate with it, or
liquidate or dissolve, except that, if at the time thereof and immediately after
giving effect thereto, no Event of Default shall have occurred and be
continuing, (x) the Parent Entity may be consolidated with, merged into, or
liquidated or dissolved into, any Person and (y) a Permitted Parent Holding
Company may be substituted for Parent as the Parent Entity as contemplated by
the definition of “Parent Entity”; provided that, simultaneously with such
transaction, (x) the Person formed by such consolidation or into which the
Parent Entity is merged, liquidated or dissolved or substituted shall expressly
assume all obligations of the Parent Entity under the Loan Documents, (y) the
Person formed by such consolidation or into which the Parent Entity is merged,
liquidated or dissolved or substituted shall be a corporation organized under
the laws of a State in the United States of America or a Permitted Foreign
Borrower Jurisdiction (or, following a Permitted Parent Borrower Release, a
Permitted Parent Guarantor Jurisdiction) and (z) the Parent Entity shall have
delivered to the Administrative Agent an officer’s certificate and an opinion of
counsel, each stating that such merger, consolidation, liquidation or
dissolution or substitution and such supplement to this Agreement comply with
this Agreement.
SECTION 6.05    Sale-Leaseback Transactions. The Parent Entity will not, and
will not permit any Restricted Subsidiary to, enter into any Sale and Leaseback
Transaction with respect to any Property unless:
(a)    the Sale and Leaseback Transaction is solely with the Parent Entity or a
Restricted Subsidiary of the Parent Entity;

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(b)    the lease is for a period not in excess of 24 months, including renewals;
(c)    the Attributable Indebtedness of the Parent Entity and its Restricted
Subsidiaries in respect of such Sale and Leaseback Transaction and all other
Sale and Leaseback Transactions entered into after the Restatement Effective
Date with respect to Property (other than any such Sale and Leaseback
Transaction as would be permitted as described in clauses (a) and (b) above),
plus the aggregate principal amount of Indebtedness secured by Liens under
Section 6.02(r)(i) and the aggregate principal amount of Indebtedness under
Section 6.01(q)(i), in each case then outstanding, would not exceed the
Permitted Priority Debt Amount.
SECTION 6.06    Lines of Business. The Parent Entity and its Restricted
Subsidiaries shall not engage in any material lines of business substantially
different than those lines of business conducted by the Parent Entity and its
Restricted Subsidiaries on the date hereof or any business reasonably related,
complementary, incidental or ancillary thereto or logical extensions thereof.
SECTION 6.07    Anti-Corruption Laws and Sanctions. No Borrower will request any
Borrowing or Letter of Credit, and no Borrower shall use the proceeds of any
Borrowing or Letter of Credit (i) in furtherance of an offer, payment, promise
to pay, or authorization of the payment or giving of money, or anything else of
value, to any Person in violation of any Anti-Corruption Laws or (ii) in any
manner that would result in the violation of any Sanctions applicable to any
party hereto.
SECTION 6.08    Financial Covenant. The Parent Entity will not permit the
Consolidated Leverage Ratio as of the last day of any Test Period to be greater
than 3.50 to 1.0.
ARTICLE VII
    
Events of Default
If any of the following events (“Events of Default”) shall occur and be
continuing:
(a)    any Borrower shall fail to pay any principal of any Loan or any
reimbursement obligation in respect of any LC Disbursement when and as the same
shall become due and payable, whether at the due date thereof or at a date fixed
for prepayment thereof or otherwise;
(b)    any Borrower shall fail to pay any interest on any Loan or any fee or any
other amount (other than an amount referred to in clause (a) of this Article)
payable under this Agreement, when and as the same shall become due and payable,
and such failure shall continue unremedied for a period of five (5) Business
Days;
(c)    any representation or warranty made or deemed made by or on behalf of the
Parent Entity, any Borrower or any Restricted Subsidiary in this Agreement or
any other Loan Document or any amendment or modification thereof or waiver
thereunder, or in any report, certificate, financial statement or other document
required to be delivered in connection with this Agreement or any other Loan
Document or any amendment or modification thereof or waiver thereunder, shall
prove to have been incorrect in any material respect when made or deemed made;
(d)    any Credit Agreement Party shall fail to observe or perform any covenant,
condition or agreement contained in Article VI;
(e)    any Loan Party, as applicable, shall fail to observe or perform any
covenant, condition or agreement contained in this Agreement (other than those
specified in clause (a), (b) or (d) of this Article) or any other Loan Document,
and such failure shall continue unremedied for a period of thirty (30) days
after written notice thereof from the Administrative Agent to the Borrower
Agent;

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(f)    the Parent Entity or any Material Subsidiary shall fail to make any
payment (whether of principal or interest and regardless of amount) in respect
of any Material Indebtedness, when and as the same shall become due and payable,
or if a grace period shall be applicable to such payment under the agreement or
instrument under which such Indebtedness was created, beyond such applicable
grace period;
(g)    the Parent Entity or any Material Subsidiary shall default in the
performance of any obligation in respect of any Material Indebtedness or any
“change of control” (or equivalent term) shall occur with respect to any
Material Indebtedness, in each case, that results in such Material Indebtedness
becoming due prior to its scheduled maturity or that enables or permits (with or
without the giving of notice, the lapse of time or both, but after giving effect
to any applicable grace period) the holder or holders of such Material
Indebtedness or any trustee or agent on its or their behalf to cause such
Material Indebtedness to become due, or to require the prepayment, repurchase,
redemption or defeasance thereof, prior to its scheduled maturity (other than
solely in Equity Interests); provided that this clause (g) shall not apply to
secured Indebtedness that becomes due as a result of the voluntary sale or
transfer of the property or assets securing such Indebtedness;
(h)    an involuntary proceeding shall be commenced or an involuntary petition
shall be filed seeking (i) liquidation, reorganization or other relief in
respect of the Parent Entity, any Borrower or any Material Subsidiary or its
debts, or of a substantial part of its assets, under any Federal, state or
foreign bankruptcy, insolvency, receivership or similar law now or hereafter in
effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator,
conservator or similar official for the Parent Entity, any Borrower or any
Material Subsidiary or for a substantial part of its assets, and, in any such
case, such proceeding or petition shall continue undismissed or unstayed for
sixty (60) days or an order or decree approving or ordering any of the foregoing
shall be entered;
(i)    the Parent Entity, any Borrower or any Material Subsidiary shall
(i) voluntarily commence any proceeding or file any petition seeking
liquidation, reorganization or other relief under any Federal, state or foreign
bankruptcy, insolvency, receivership or similar law now or hereafter in effect,
(ii) consent to the institution of any proceeding or petition described in
clause (h) of this Article, (iii) apply for or consent to the appointment of a
receiver, trustee, custodian, sequestrator, conservator or similar official for
the Parent Entity, any Borrower or any Material Subsidiary or for a substantial
part of its assets, (iv) file an answer admitting the material allegations of a
petition filed against it in any such proceeding, (v) make a general assignment
for the benefit of creditors or (vi) take any corporate action for the purpose
of effecting any of the foregoing;
(j)    the Parent Entity or any Material Subsidiary shall become generally
unable, admit in writing its inability generally or fail generally to pay its
debts as they become due;
(k)    one or more final, non-appealable judgments for the payment of money in
an aggregate amount in excess $200,000,000 (to the extent due and payable and
not covered by insurance as to which the relevant insurance company has not
denied coverage) shall be rendered against the Parent Entity, any Material
Subsidiary or any combination thereof and the same shall remain unpaid or
undischarged for a period of thirty (30) consecutive days during which execution
shall not be bonded or effectively stayed, or any writ or warrant of attachment
or execution or similar process is issued or levied against all or any material
part of the assets of the Parent Entity and the Material Subsidiaries, taken as
a whole, and is not released, vacated or fully bonded within thirty (30) days
after its issue or levy;
(l)    an ERISA Event shall have occurred that, when taken together with all
other ERISA Events that have occurred, could reasonably be expected to result in
a Material Adverse Effect;
(m)    a Change in Control shall occur; or
(n)    except with respect to the Guaranty of any Guarantor released pursuant to
Section 5.09 or paragraph (i) of Article VIII, (i) any material provision of the
Guaranty, at any time after its execution and

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delivery and for any reason other than as permitted hereunder or thereunder or
as a result of acts or omissions by the Administrative Agent or any Lender or
the satisfaction in full of all the Obligations (other than contingent
indemnification or reimbursement obligations) ceases to be in full force and
effect; or (ii) any Loan Party contests in writing the validity or
enforceability of any provision of the Guaranty; or (iii) any Guarantor denies
in writing that it has any or further liability or obligation under the Guaranty
(other than as a result of repayment in full of the Obligations (other than
contingent indemnification or reimbursement obligations) and termination of the
Commitments), or purports in writing to revoke or rescind the Guaranty,
then, and in every such event (other than an event with respect to the Parent
Entity or any Borrower described in clause (h) or (i) of this Article VII), and
at any time thereafter during the continuance of such event, the Administrative
Agent may, and at the request of the Required Lenders shall, by notice to the
Borrower Agent, take either or both of the following actions, at the same or
different times: (i) terminate the Commitments, and thereupon the Commitments
shall terminate immediately, and (ii) declare the Loans then outstanding to be
due and payable in whole (or in part, in which case any principal not so
declared to be due and payable may thereafter be declared to be due and
payable), and thereupon the principal of the Loans so declared to be due and
payable, together with accrued interest thereon and all fees and other
obligations of the Borrowers accrued hereunder and under the other Loan
Documents, shall become due and payable immediately, without presentment,
demand, protest or other notice of any kind, all of which are hereby waived by
the Borrowers; and in case of any event with respect to the Parent Entity or any
Borrower described in clause (h) or (i) of this Article VII, the Commitments
shall automatically terminate and the principal of the Loans then outstanding,
together with accrued interest thereon and all fees and other Obligations
accrued hereunder and under the other Loan Documents, shall automatically become
due and payable, without presentment, demand, protest or other notice of any
kind, all of which are hereby waived by the Borrowers.
ARTICLE VIII
    
The Administrative Agent
(a)    Each of the Lenders and the Issuing Banks hereby irrevocably appoints the
Administrative Agent as its agent and authorizes the Administrative Agent to
take such actions on its behalf and to exercise such powers as are delegated to
the Administrative Agent by the terms hereof and the other Loan Documents,
together with such actions and powers as are reasonably incidental thereto.
(b)    The bank serving as the Administrative Agent hereunder shall have the
same rights and powers in its capacity as a Lender as any other Lender and may
exercise the same as though it were not the Administrative Agent, and such bank
and its Affiliates may accept deposits from, lend money to and generally engage
in any kind of business with the Parent Entity, any Borrower or any Subsidiary
or other Affiliate thereof as if it were not the Administrative Agent hereunder.
(c)    To the extent required by any applicable laws, the Administrative Agent
may withhold from any payment to any Lender an amount equivalent to any
applicable withholding Tax. Without limiting or expanding the provisions of
Section 2.16, each Lender shall indemnify and hold harmless the Administrative
Agent against, within 10 days after written demand therefor, any and all Taxes
and any and all related losses, claims, liabilities and expenses (including
fees, charges and disbursements of any counsel for the Administrative Agent)
incurred by or asserted against the Administrative Agent as a result of the
failure of the Administrative Agent to properly withhold any Tax from amounts
paid to or for the account of such Lender for any reason (including, without
limitation, because the appropriate form was not delivered or not properly
executed, or because such Lender failed to notify the Administrative Agent of a
change in circumstance that rendered the exemption from, or reduction of,
withholding Tax ineffective). A certificate as to the amount of such payment or
liability delivered to any Lender by the Administrative Agent shall be
conclusive absent manifest error. Each Lender hereby authorizes the
Administrative Agent to set off and apply any and all amounts at any time owing
to such Lender under this Agreement or any other Loan Document against any
amount due the Administrative Agent under this clause (c). The agreements in
this clause (c) shall survive the resignation and/or replacement of the
Administrative Agent, any assignment of rights by, or the replacement of, a
Lender, the termination of the Commitments and the repayment,

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satisfaction or discharge of all other Obligations. The term “Lender” shall, for
purposes of this clause (c), include any Issuing Bank and any Swingline Lender.
(d)    The Administrative Agent shall not have any duties or obligations except
those expressly set forth herein. Without limiting the generality of the
foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or
other implied duties, regardless of whether a Default has occurred and is
continuing, (b) the Administrative Agent shall not have any duty to take any
discretionary action or exercise any discretionary powers, except discretionary
rights and powers expressly contemplated hereby that the Administrative Agent is
required to exercise in writing as directed by the Required Lenders (or such
other number or percentage of the Lenders as shall be necessary under the
circumstances as provided herein), and (c) except as expressly set forth herein,
the Administrative Agent shall not have any duty to disclose, and shall not be
liable for the failure to disclose, any information relating to the Parent
Entity or any of the Subsidiaries that is communicated to or obtained by the
bank serving as Administrative Agent or any of its Affiliates in any capacity.
The Administrative Agent shall not be liable for any action taken or not taken
by it with the consent or at the request of the Required Lenders (or such other
number or percentage of the Lenders as shall be necessary under the
circumstances as provided herein) or in the absence of its own bad faith, gross
negligence or willful misconduct. The Administrative Agent shall be deemed not
to have knowledge of any Default unless and until written notice thereof is
given to the Administrative Agent by a Borrower or a Lender, and the
Administrative Agent shall not be responsible for or have any duty to ascertain
or inquire into (i) any statement, warranty or representation made in or in
connection with this Agreement, (ii) the contents of any certificate, report or
other document delivered hereunder or in connection herewith, (iii) the
performance or observance of any of the covenants, agreements or other terms or
conditions set forth herein, (iv) the validity, enforceability, effectiveness or
genuineness of this Agreement or any other agreement, instrument or document, or
(v) the satisfaction of any condition set forth in Article IV or elsewhere
herein, other than to confirm receipt of items expressly required to be
delivered to the Administrative Agent.
(e)    The Administrative Agent shall be entitled to rely upon, and shall not
incur any liability for relying upon, any notice, request, certificate, consent,
statement, instrument, document or other writing believed by it to be genuine
and to have been signed or sent by the proper Person. The Administrative Agent
also may rely upon any statement made to it orally or by telephone and believed
by it to be made by the proper Person, and shall not incur any liability for
relying thereon. The Administrative Agent may consult with legal counsel (who
may be counsel for the Borrowers), independent accountants and other experts
selected by it, and shall not be liable for any action taken or not taken by it
in accordance with the advice of any such counsel, accountants or experts in the
absence of gross negligence or willful misconduct.
(f)    The Administrative Agent may perform any and all of its duties and
exercise its rights and powers by or through any one or more sub-agents
appointed by the Administrative Agent. The Administrative Agent and any such
sub-agent may perform any and all of its duties and exercise its rights and
powers through their respective Related Parties. The exculpatory provisions of
the preceding paragraphs shall apply to any such sub-agent and to the Related
Parties of the Administrative Agent and any such sub-agent, and shall apply to
their respective activities in connection with the syndication of the credit
facilities provided for herein as well as activities as Administrative Agent.
(g)    Subject to the appointment and acceptance of a successor Administrative
Agent as provided in this paragraph, the Administrative Agent may resign upon
thirty (30) days’ notice to the Lenders, the Issuing Banks and the Borrower
Agent. Upon any such resignation, the Required Lenders shall have the right, in
consultation with the Borrower Agent and (unless an Event of Default shall have
occurred and be continuing) with the consent of the Borrower Agent (which
consent of the Borrower Agent shall not be unreasonably withheld or delayed), to
appoint a successor. If no successor shall have been so appointed by the
Required Lenders and shall have accepted such appointment within thirty (30)
days after the retiring Administrative Agent gives notice of its resignation,
then the retiring Administrative Agent may, on behalf of the Lenders and the
Issuing Banks, appoint a successor Administrative Agent from among the Lenders
which shall be a bank with an office in New York, New York, or an Affiliate of
any such bank. Upon the acceptance of its appointment as Administrative Agent
hereunder by a successor, such successor shall succeed to and become vested with
all the rights, powers, privileges and duties of the retiring Administrative
Agent, and the retiring Administrative Agent shall be discharged from its duties
and

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obligations hereunder. The fees payable by the Borrowers to a successor
Administrative Agent shall be the same as those payable to its predecessor
unless otherwise agreed between the Borrowers and such successor. After the
Administrative Agent’s resignation hereunder, the provisions of this Article and
Section 9.03 shall continue in effect for the benefit of such retiring
Administrative Agent, its sub-agents and their respective Related Parties in
respect of any actions taken or omitted to be taken by any of them while it was
acting as Administrative Agent.
(h)    Each Lender acknowledges that it has, independently and without reliance
upon the Administrative Agent or any other Lender and based on such documents
and information as it has deemed appropriate, made its own credit analysis and
decision to enter into this Agreement. Each Lender also acknowledges that it
will, independently and without reliance upon the Administrative Agent or any
other Lender and based on such documents and information as it shall from time
to time deem appropriate, continue to make its own decisions in taking or not
taking action under or based upon this Agreement, any related agreement or any
document furnished hereunder or thereunder.
(i)    The Lenders irrevocably agree that any Guarantor (other than the Parent
Entity) shall be automatically released from its obligations under the
applicable Guaranty (1) if such Person ceases to be a Restricted Subsidiary of
the Parent Entity, in each case as a result of a transaction permitted
hereunder, (2) in the case of Parent, solely in the event that Parent is not
then the Parent Entity, if Parent cease to have any material third party
Indebtedness for money borrowed outstanding and is not otherwise required to be
a Guarantor under Section 5.09 or (3) to the extent set forth in Section 5.09.
Upon request by the Administrative Agent at any time, the Required Lenders (or
such greater number of Lenders as may be required pursuant to Section 9.02) will
confirm in writing the Administrative Agent’s authority to release any Guarantor
from its obligations under the applicable Guaranty pursuant to this
paragraph (i). In each case as specified in this paragraph (i), the
Administrative Agent will (and each Lender irrevocably authorizes the
Administrative Agent to), at the Borrowers’ expense, execute and deliver to the
applicable Loan Party such documents as such Loan Party may reasonably request
to evidence the release of such Guarantor from its obligations under the
applicable Guaranty in accordance with the terms of the Loan Documents and this
paragraph (i).
(j)    The Lenders irrevocably agree that the Parent shall cease to be a
Borrower hereunder upon the occurrence of a Permitted Parent Borrower Release.
(k)    None of the Persons identified in this Agreement as an “arranger,”
“bookrunner,” “co-documentation agent” or “syndication agent” shall have any
right, power, obligation, liability, responsibility or duty under this Agreement
other than, if applicable, those applicable to all Lenders as such. Without
limiting the foregoing, none of such Lenders shall have or be deemed to have a
fiduciary relationship with any Lender. Each Lender hereby makes the same
acknowledgments with respect to the relevant Persons in their respective
capacities as an Arranger, Co-Documentation Agent and Syndication Agents as it
makes with respect to the Administrative Agent in paragraph (h) of this Article
VIII.
ARTICLE IX
    
Miscellaneous
SECTION 9.01    Notices.
(a)    Except in the case of notices and other communications expressly
permitted to be given by telephone or other electronic communications (and
subject to paragraph (b) below), all notices and other communications provided
for herein shall be in writing and shall be delivered by hand or overnight
courier service, mailed by certified or registered mail or sent by telecopy or
transmission by electronic communication, as follows:
(i)    if to a Borrower, to it c/o Delphi Corporation at 5725 Delphi Drive,
Troy, Michigan 48098, Attention of Treasurer (Telecopy No. (248) 813-2103 and
email brad.a.spiegel@delphi.com) and Deputy General Counsel (Telecopy No. (248)
813-3445 and email sean.p.corcoran@delphi.com; and (in the case of a notice of a
Default) with copies to General Counsel (Telecopy No. (248) 813-2491 and email

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david.m.sherbin@delphi.com) and to Paul Hastings LLP, 200 Park Avenue, New York,
New York 10166, Attention of Randal Palach (Telecopy No. (212) 230-7665);
(ii)    if to the Administrative Agent, to JPMorgan Chase Bank, National
Association, Loan and Agency Services Group, 500 Stanton Christiana Road, Ops 2,
Newark, DE 19713-2107, Attention of Erica Roebuck (Telecopy No. 302-634-4250 and
email erica.r.roebuck
@jpmorgan.com) with a copy to JPMorgan Chase Bank, National Association,
383 Madison Avenue, 24th Floor, New York, NY 10179, Attention of Robert D.
Bryant (Telecopy No. 212-270-5100);
(iii)    if to JPMCB in its capacity as the Issuing Bank, (x) in the case of
U.S. Letters of Credit and Global Letters of Credit (other than Letters of
Credit denominated in Canadian Dollars), to it at JPMorgan Chase Bank, National
Association, Loan and Agency Services Group, 500 Stanton Christiana Road, Ops 2,
Newark, DE 19713-2107, Attention of Erica Roebuck (Telecopy No. 302-634-4250 and
email erica.r.roebuck@jpmorgan.com), (y) in the case of Global Letters of Credit
issued by a branch or Affiliate of JPMCB, to it at the address, facsimile
number, electronic mail address or telephone number as shall be designated by
the Administrative Agent;
(iv)     it to any other Issuing Bank to it at the address, facsimile number,
electronic mail address or telephone number as set forth on Schedule 9.01;
(v)    if to the Swingline Lender, to it at JPMorgan Chase Bank, National
Association, Loan and Agency Services Group, 500 Stanton Christiana Road, Ops 2,
Newark, DE 19713-2107, Attention of Erica Roebuck (Telecopy No. 302-634-4250 and
email erica.r.roebuck@jpmorgan.com) with a copy to JPMorgan Chase Bank, National
Association, 383 Madison Avenue, 24th floor, New York, NY 10179, Attention of
Robert D. Bryant (Telecopy No. 212-270-5100);
(vi)    Notwithstanding the foregoing, any notices relating to Borrowings
denominated in Alternative Currencies, should also be sent to J.P. Morgan Europe
Limited, 25 Bank Street, Canary Wharf, London E14 5JP, Attention of The Manager,
Loan & Agency Services (Telecopy No. 44 207 777 2360); and
(vii)    if to any other Lender, to it at its address (or telecopy number) set
forth in its Administrative Questionnaire.
(b)    Notices and other communications to the Lenders hereunder may be
delivered or furnished by electronic communications pursuant to procedures
approved by the Administrative Agent; provided that the foregoing shall not
apply to notices pursuant to Article II unless otherwise agreed by the
Administrative Agent and the applicable Lender. The Administrative Agent or the
Borrower Agent may, in its discretion, agree to accept notices and other
communications to it hereunder by electronic communications pursuant to
procedures approved by it; provided that approval of such procedures may be
limited to particular notices or communications.
(c)    Any party hereto may change its address, electronic mail address or
telecopy number for notices and other communications hereunder by notice to the
other parties hereto. All notices and other communications given to any party
hereto in accordance with the provisions of this Agreement shall be deemed to
have been given on the date of delivery, or three Business Days after being
deposited in the mail, postage prepaid.
SECTION 9.02    Waivers; Amendments.
(a)    No failure or delay by the Administrative Agent, any Issuing Bank or any
Lender in exercising any right or power hereunder or under any other Loan
Document shall operate as a waiver thereof, nor shall any single or partial
exercise of any such right or power, or any abandonment or discontinuance of
steps to enforce such a right or power, preclude any other or further exercise
thereof or the exercise of any other right or power. The rights and remedies of
the Administrative Agent, the Issuing Banks and the Lenders hereunder and under
the other Loan Documents are cumulative and are not exclusive of any rights or
remedies that they would otherwise have. No waiver of any provision of this
Agreement or consent to any departure by a Credit Agreement

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Party therefrom shall in any event be effective unless the same shall be
permitted by paragraph (b) of this Section, and then such waiver or consent
shall be effective only in the specific instance and for the purpose for which
given. Without limiting the generality of the foregoing, the making of a Loan or
issuance of a Letter of Credit shall not be construed as a waiver of any
Default, regardless of whether the Administrative Agent, any Lender or any
Issuing Bank may have had notice or knowledge of such Default at the time.
(b)    Except as otherwise set forth in this Agreement or any other Loan
Document (with respect to such Loan Document), neither this Agreement nor any
other Loan Document nor any provision hereof or thereof may be waived, amended
or modified except pursuant to an agreement or agreements in writing entered
into by the Credit Agreement Parties and the Required Lenders or by the Credit
Agreement Parties and the Administrative Agent with the consent of the Required
Lenders; provided that no such agreement shall (i) extend or increase the
Commitment of any Lender or any Issuing Bank without the written consent of each
Lender and Issuing Bank directly and adversely affected thereby, it being
understood that a waiver of any condition precedent set forth in Section 4.02 or
the waiver of any Default or mandatory prepayment shall not constitute an
increase of any Commitment of any Lender, but that any waiver of any condition
set forth in Section 4.02 following the Restatement Effective Date shall require
the consent of the Required Facility Lenders with respect to the Facility under
which an extension of credit is to be made , (ii) reduce the principal amount of
any Loan or LC Disbursement or reduce the rate of interest or premium thereon,
or reduce any fees payable hereunder, without the written consent of each Lender
and Issuing Bank directly and adversely affected thereby; provided that only the
consent of the Required Lenders shall be necessary to amend Section 2.12(d) or
to waive any obligation of the Borrowers to pay interest at the rate set forth
therein, (iii) postpone the scheduled date of payment of the principal amount of
any Loan or LC Disbursement, or any interest thereon, or any fees payable
hereunder, or reduce the amount of, waive or excuse any such payment, or
postpone the scheduled date of expiration of any Commitment, without the written
consent of each Lender and Issuing Bank directly and adversely affected thereby,
it being understood that the waiver of (or amendment to the terms of) any
mandatory prepayment of the Term Loans shall not constitute a postponement of
any date scheduled for the payment of principal or interest, (iv) change
Section 2.17(b) or (c) in a manner that would alter the pro rata sharing of
payments required thereby, without the written consent of each adversely
affected Lender and each adversely affected Issuing Bank, (v) change any of the
provisions of this Section or the definition of “Required Lenders,” “Required
Revolving Lenders,” “Required Facility Lenders” or any other provision hereof
specifying the number or percentage of Lenders required to waive, amend or
modify any rights hereunder or make any determination or grant any consent
hereunder without the written consent of each Lender directly and adversely
affected thereby or (vi) release all or substantially all of the Guarantors from
their obligations under the applicable Guaranty without the written consent of
each Lender (except in a transaction permitted hereunder); provided further that
no such agreement shall amend, modify or otherwise affect the rights,
obligations or duties of the Administrative Agent, any Issuing Bank or the
Swingline Lender hereunder without the prior written consent of the
Administrative Agent, the relevant Issuing Bank or the Swingline Lender, as the
case may be.
(c)    Notwithstanding the foregoing, this Agreement and the other Loan
Documents may be amended (or amended and restated) with the written consent of
the Required Lenders, the Administrative Agent and the Borrowers (i) to add one
or more additional credit facilities to this Agreement and to permit the
extensions of credit from time to time outstanding thereunder and the accrued
interest and fees in respect thereof to share ratably in the benefits of this
Agreement and the other Loan Documents with the Term Loans and Revolving
Exposures and the accrued interest and fees in respect thereof and (ii) to
include appropriately the Lenders holding such credit facilities in any
determination of the Required Lenders.
(d)    Notwithstanding anything in this Section 9.02 to the contrary, technical
and conforming modifications to the Loan Documents may be made with the consent
of the Borrower Agent and the Administrative Agent to the extent necessary or
appropriate (i) to integrate any Incremental Term Loans, any Increased
Commitments, any Extended Term Loans or any Extended Revolving Commitments,
(ii) to integrate borrowings and issuances of Letters of Credit in Alternative
Currencies or additional Borrowers organized in jurisdictions other than the
United States, (iii) to cure any ambiguity, omission, defect or inconsistency
and (iv) as contemplated by the definition of Permitted Foreign Borrower
Jurisdiction.

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(e)    In addition, notwithstanding anything in this Agreement to the contrary,
this Agreement may be amended after the Restatement Effective Date without
consent of the Lenders, so long as no Event of Default shall have occurred and
be continuing, as follows:
(i)    to designate (X) any Domestic Subsidiary of the Parent Entity that is a
Restricted Subsidiary as a Domestic Subsidiary Borrower or (Y) the Parent Entity
or any Subsidiary of the Parent Entity that is a Restricted Subsidiary, in each
case, that is organized under the laws of a Permitted Foreign Borrower
Jurisdiction as a Foreign Borrower, upon (A) ten Business Days (or such lesser
period as may be agreed by the Administrative Agent) prior notice to the
Administrative Agent (such notice to contain the name, primary business address
and taxpayer identification number of such Subsidiary), (B) the execution and
delivery by the Parent Entity or such Subsidiary, the Borrower Agent and the
Administrative Agent of a Joinder Agreement, substantially in the form of
Exhibit H (each, a “Joinder Agreement”), providing for the Parent Entity or such
Subsidiary to become a Domestic Subsidiary Borrower or Foreign Borrower, as
applicable, (C) the agreement and acknowledgement by the Parent Entity and each
other Guarantor that the Guaranty covers the Obligations of such additional
Borrower, (D) the delivery to the Administrative Agent of corporate or other
applicable resolutions, other corporate or other applicable documents,
certificates and legal opinions in respect of such Parent Entity or Subsidiary
reasonably equivalent to comparable documents delivered on the Restatement
Effective Date and (E) the delivery to the Administrative Agent of any
documentation or other information reasonably requested by the Administrative
Agent and necessary to satisfy obligations of the Lenders described in
Section 9.13 or any applicable “know your customer” or other anti-money
laundering Laws; and
(ii)    to remove any Subsidiary (other than the U.S. Parent Borrower) as a
Subsidiary Borrower upon (A) execution and delivery by the Parent Entity and the
Borrower Agent to the Administrative Agent of a written notification to such
effect, (B) repayment in full of all Loans made to such Subsidiary Borrower,
(C) repayment in full of all other amounts owing by such Subsidiary Borrower
under this Agreement and the other Loan Documents and (D) the deposit in a cash
collateral account opened by the Administrative Agent of an amount equal to the
aggregate then undrawn and unexpired amount of all Letters of Credit issued for
the account of such Subsidiary Borrower (calculated, in the case of Letters of
Credit denominated in Alternative Currencies, at the Dollar Equivalent thereof
on the date of removal) (it being agreed that any such repayment shall be in
accordance with the other terms of this Agreement).
SECTION 9.03    Expenses; Indemnity; Damage Waiver.
(a)    The Borrowers shall pay (i) all reasonable and documented out-of-pocket
expenses incurred by the Administrative Agent, the Arrangers and their
Affiliates, limited, in the case of legal expenses, to the reasonable and
documented fees, charges and disbursements of a single counsel for the Arrangers
and the Administrative Agent (and, if necessary, one local counsel in each
applicable jurisdiction and regulatory counsel), in connection with the
syndication of the credit facilities provided for herein, the preparation and
administration of this Agreement and the other Loan Documents or any amendments,
modifications or waivers of the provisions hereof or thereof (whether or not the
transactions contemplated hereby or thereby shall be consummated), (ii) all
reasonable and documented out-of-pocket expenses incurred by the relevant
Issuing Bank in connection with the issuance, amendment, renewal or extension of
any Letter of Credit or any demand for payment thereunder and (iii) all
reasonable and documented out-of-pocket expenses incurred by the Administrative
Agent, any Issuing Bank or any Lender, limited, in the case of legal expenses,
to the reasonable and documented fees, charges and disbursements of a single
counsel (and, if necessary, one local counsel in each applicable jurisdiction
and regulatory counsel), in connection with the enforcement or protection of its
rights in connection with this Agreement, including its rights under this
Section, or in connection with the Loans made or Letters of Credit issued
hereunder, including all such reasonable and documented out-of-pocket expenses
incurred during any workout, restructuring or negotiations in respect of such
Loans or Letters of Credit. For the avoidance of doubt, this Section 9.03(a)
shall not apply to Taxes, except any Taxes that represent losses, claims,
damages or liabilities arising from any non-Tax claim.
(b)    The Borrowers shall indemnify, on a joint and several basis, each Agent,
each Issuing Bank and each Lender, and each Related Party of any of the
foregoing Persons (each such Person being called an

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“Indemnitee”) against, and hold each Indemnitee harmless from, any and all
losses, claims, damages, liabilities and related reasonable and documented
out-of-pocket expenses, limited, in the case of legal expenses, to the
reasonable and documented fees, charges and disbursements of a single counsel
for the Indemnitees (and, if necessary, one local counsel in each applicable
jurisdiction and one additional counsel for each Indemnitee in the event of
conflicts of interest), incurred by or asserted against any Indemnitee arising
out of, in connection with, or as a result of (i) the execution or delivery of
this Agreement or any agreement or instrument contemplated hereby, the
performance by the parties hereto of their respective obligations hereunder or
the consummation of the Transactions or any other transactions contemplated
hereby and the syndication of the Revolving Commitments and Term Loans by the
Arrangers, (ii) any Loan or Letter of Credit or the use of the proceeds
therefrom (including any refusal by any Issuing Bank to honor a demand for
payment under a Letter of Credit if the documents presented in connection with
such demand do not strictly comply with the terms of such Letter of Credit),
(iii) to the extent relating to or arising from any of the foregoing, any actual
or alleged presence or release of Hazardous Materials on or from any property
owned or operated by the Parent Entity or any of its Restricted Subsidiaries, or
any Environmental Liability related in any way to the Parent Entity or any of
its Restricted Subsidiaries, or (iv) any actual or prospective claim,
litigation, investigation or proceeding relating to any of the foregoing,
whether based on contract, tort or any other theory and regardless of whether
any Indemnitee is a party thereto; provided that such indemnity shall not, as to
any Indemnitee, be available to the extent that such losses, claims, damages,
liabilities or related expenses (i) are determined by a court of competent
jurisdiction by final and nonappealable judgment to have resulted from the bad
faith, gross negligence or willful misconduct of such Indemnitee or any of its
officers, directors, employees, Affiliates or controlling Persons or (ii) except
in the case of any Agent (in its capacity as such), arise from disputes solely
among Indemnitees and do not involve any conduct by the Borrowers or any of
their respective Affiliates. For the avoidance of doubt, this Section 9.03(b)
shall not apply to Taxes, except any Taxes that represent losses, claims,
damages or liabilities arising from any non-Tax claim.
(c)    To the extent that a Borrower fails to pay any amount required to be paid
by it to the Administrative Agent, an Issuing Bank or the Swingline Lender under
paragraph (a) or (b) of this Section, each Lender severally agrees to pay to the
Administrative Agent, the relevant Issuing Bank or the Swingline Lender, as the
case may be, such Lender’s pro rata share (determined as of the time that the
applicable unreimbursed expense or indemnity payment is sought) of such unpaid
amount; provided that the unreimbursed expense or indemnified loss, claim,
damage, liability or related expense, as the case may be, was incurred by or
asserted against the Administrative Agent, such Issuing Bank or the Swingline
Lender in its capacity as such.
(d)    To the extent permitted by applicable law, no party hereto shall assert,
and each other party hereby waives, any claim against any party, on any theory
of liability, for special, indirect, consequential or punitive damages (as
opposed to direct or actual damages) arising out of, in connection with, or as a
result of, this Agreement, any other Loan Document or any agreement or
instrument contemplated hereby or thereby, the Transactions, any Loan or Letter
of Credit or the use of the proceeds thereof; provided that this sentence shall
not limit the Borrowers’ indemnification obligations set forth above to the
extent the relevant special, indirect, consequential or punitive damages are
included in any third party claim in connection with which the relevant
Indemnitee is entitled to indemnification hereunder. No Indemnitee referred to
in paragraph (b) above shall be liable for any damages arising from the use by
unintended recipients of any information or other materials distributed by it
through telecommunications, electronic or other information transmission systems
in connection with this Agreement or the other Loan Documents or the
transactions contemplated hereby or thereby except to the extent resulting from
its or its Related Parties’ gross negligence, bad faith or willful misconduct.
(e)    All amounts due under this Section shall be payable not later than
fifteen (15) days after written demand therefor; provided, however, that an
Indemnitee shall promptly refund any amount received under this Section 9.03 to
the extent that there is a final judicial or arbitral determination that such
Indemnitee was not entitled to indemnification rights with respect to such
payment pursuant to the express terms of this Section 9.03.
SECTION 9.04    Successors and Assigns.
(a)    The provisions of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns
permitted hereby, except that (i) except as expressly

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permitted hereunder, no Borrower may assign or otherwise transfer any of its
rights or obligations hereunder without the prior written consent of each Lender
(and any attempted assignment or transfer by a Borrower without such consent
shall be null and void) and (ii) no Lender may assign or otherwise transfer its
rights or obligations hereunder except in accordance with this Section. Nothing
in this Agreement, expressed or implied, shall be construed to confer upon any
Person (other than the parties hereto, their respective successors and assigns
permitted hereby, Participants (to the extent provided in paragraph (c) of this
Section) and, to the extent expressly contemplated hereby, the Related Parties
of each of the Administrative Agent, the Issuing Banks and the Lenders) any
legal or equitable right, remedy or claim under or by reason of this Agreement.
(b)    (i) Subject to the conditions set forth in paragraph (b)(ii) below, any
Lender may assign to one or more Persons that is an Eligible Assignee (other
than any Borrower, their respective Affiliates and natural persons) all or a
portion of its rights and obligations under this Agreement (including all or a
portion of its Commitment and the Loans at the time owing to it) with the prior
written consent (such consent not to be unreasonably withheld or delayed) of:
(A)    to the extent required by the definition of “Eligible Assignee”, the
Borrower Agent; provided that that Borrower Agent shall be deemed to have
consented to an assignment unless it shall have objected thereto by written
notice to the Administrative Agent within ten (10) Business Days after having
received notice thereof;
(B)    to the extent required by the definition of “Eligible Assignee”, the
Administrative Agent; and
(C)    to the extent required by the definition of “Eligible Assignee”, the
Issuing Banks and Swingline Lender.
(ii)    Assignments shall be subject to the following additional conditions:
(A)    except in the case of an assignment to a Lender or an Affiliate of a
Lender or an Approved Fund or an assignment of the entire remaining amount of
the assigning Lender’s Commitment or Loans of any Class, the amount of the
Commitment or Loans of the assigning Lender subject to each such assignment
(determined as of the date the Assignment and Assumption with respect to such
assignment is delivered to the Administrative Agent) shall not be less than
$5,000,000 or, in the case of a Term Loan, $1,000,000, unless each of the
Borrower Agent and the Administrative Agent otherwise consent;
(B)    each partial assignment shall be made as an assignment of a proportionate
part of all the assigning Lender’s rights and obligations under this Agreement,
provided that this clause shall not be construed to prohibit the assignment of a
proportionate part of all the assigning Lender’s rights and obligations in
respect of one Class of Commitments or Loans;
(C)    the parties to each assignment shall execute and deliver to the
Administrative Agent an Assignment and Assumption, together with a processing
and recordation fee of $3,500; and
(D)    the assignee, if it shall not be a Lender, shall deliver to the
Administrative Agent an Administrative Questionnaire.
For the purposes of this Section 9.04(b) and the definition of “Eligible
Assignee”, the term “Approved Fund” has the following meaning:
“Approved Fund” means any Person (other than a natural person) that is engaged
in making, purchasing, holding or investing in bank loans and similar extensions
of credit in the ordinary course of its business and that is administered or
managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an
Affiliate of an entity that administers or manages a Lender.

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(iii)    Subject to acceptance and recording thereof pursuant to
paragraph (b)(iv) of this Section, from and after the effective date specified
in each Assignment and Assumption the assignee thereunder shall be a party
hereto and, to the extent of the interest assigned by such Assignment and
Assumption, have the rights and obligations of a Lender under this Agreement,
and the assigning Lender thereunder shall, to the extent of the interest
assigned by such Assignment and Assumption, be released from its obligations
under this Agreement (and, in the case of an Assignment and Assumption covering
all of the assigning Lender’s rights and obligations under this Agreement, such
Lender shall cease to be a party hereto but shall continue to be entitled to the
benefits of Sections 2.14, 2.15, 2.16 and 9.03 with respect to facts and
circumstances occurring prior to the effective date of such assignment). Any
assignment or transfer by a Lender of rights or obligations under this Agreement
that does not comply with this Section 9.04 shall be treated for purposes of
this Agreement as a sale by such Lender of a participation in such rights and
obligations in accordance with paragraph (c) of this Section.
(iv)    The Administrative Agent, acting for this purpose as an agent of each
Borrower, shall maintain at one of its offices a copy of each Assignment and
Assumption delivered to it and a register for the recordation of the names and
addresses of the Lenders, and the Commitment of, and principal amount (and
related interest amounts) of the Loans and LC Disbursements owing to, each
Lender pursuant to the terms hereof from time to time (the “Register”). The
entries in the Register shall be conclusive, absent manifest error, and the
Borrowers, the Administrative Agent, the Issuing Banks and the Lenders shall
treat each Person whose name is recorded in the Register pursuant to the terms
hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding
notice to the contrary. The Register shall be available for inspection by any
Borrower, any Issuing Bank and any Lender, at any reasonable time and from time
to time upon reasonable prior notice.
(v)    Upon its receipt of a duly completed Assignment and Assumption executed
by an assigning Lender and an assignee, the assignee’s completed Administrative
Questionnaire (unless the assignee shall already be a Lender hereunder), the
processing and recordation fee referred to in paragraph (b) of this Section and
any written consent to such assignment required by paragraph (b) of this
Section, the Administrative Agent shall accept such Assignment and Assumption
and record the information contained therein in the Register; provided that if
either the assigning Lender or the assignee shall have failed to make any
payment required to be made by it pursuant to Section 2.04(c), 2.05(d) or (e),
2.06(b), 2.17(d) or 9.03(c), the Administrative Agent shall have no obligation
to accept such Assignment and Assumption and record the information therein in
the Register unless and until such payment shall have been made in full,
together with all accrued interest thereon. No assignment shall be effective for
purposes of this Agreement unless it has been recorded in the Register as
provided in this paragraph.
(c)    (i) Any Lender may, without the consent of or notice to the Borrowers,
the Administrative Agent, the Issuing Banks or the Swingline Lender, sell
participations to one or more banks or other entities that would meet the
requirements of an “Eligible Assignee” (other than with respect to any required
consents) (a “Participant”) in all or a portion of such Lender’s rights and
obligations under this Agreement (including all or a portion of its Commitment
and the Loans owing to it); provided that (A) such Lender’s obligations under
this Agreement shall remain unchanged, (B) such Lender shall remain solely
responsible to the other parties hereto for the performance of such obligations
and (C) the Borrowers, the Administrative Agent, the Issuing Banks and the other
Lenders shall continue to deal solely and directly with such Lender in
connection with such Lender’s rights and obligations under this Agreement. Any
agreement or instrument pursuant to which a Lender sells such a participation
shall provide that such Lender shall retain the sole right to enforce this
Agreement and the other Loan Documents and to approve any amendment,
modification or waiver of any provision of this Agreement or the other Loan
Documents; provided that such agreement or instrument may provide that such
Lender will not, without the consent of the Participant, agree to any amendment,
modification or waiver described in the first proviso to Section 9.02(b) that
directly affects such Participant. Subject to paragraph (c)(iii) of this
Section, the Borrowers agree that each Participant shall be entitled to the
benefits of Sections 2.14, 2.15 and 2.16 (subject to the requirements and
limitations of such Sections (it being agreed that any documentation required to
be provided pursuant to Section 2.16(e) shall be provided solely to the
participating Lender) and Section 2.18) to the same extent as if it were a
Lender and had acquired its interest by assignment pursuant to paragraph (b) of
this Section. To the extent permitted by law, each Participant also shall be
entitled to the benefits of Section 9.08 as though it were a Lender, provided
such Participant agrees to be subject to Section 2.16(c) as though it were a
Lender.

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(ii)    Each Lender that sells a participation shall, acting solely for this
purpose as a non-fiduciary agent of each Borrower, maintain a register on which
it enters the name and address of each Participant and the principal amounts
(and related interest amounts) of each participant’s interest in the Loans or
other obligations under this Agreement (the “Participant Register”); provided
that no Lender shall have any obligation to disclose all or any portion of the
Participant Register to any Person (including the identity of any participant or
any information relating to a participant’s interest in any Commitments, Loans
or its other obligations under this Agreement) except to the extent that the
relevant parties, acting reasonably and in good faith, determine that such
disclosure is necessary to establish that such Commitment, Loan or other
obligation is in registered form under Section 5f.103-1(c) of the United States
Treasury Regulations. Unless otherwise required by the Internal Revenue Service
(“IRS”), any disclosure required by the foregoing sentence shall be made by the
relevant Lender directly and solely to the IRS. The entries in the Participant
Register shall be conclusive absent manifest error, and each Borrower, the
Administrative Agent and each Lender shall treat each person whose name is
recorded in the Participant Register as the owner of the participation in
question for all purposes of this Agreement notwithstanding any notice to the
contrary.
(iii)    A Participant shall not be entitled to receive any greater payment
under Section 2.14, 2.15 or 2.16 than the applicable Lender would have been
entitled to receive with respect to the participation sold to such Participant,
except to the extent that (i) such entitlement to a greater payment results from
a change in any Law after the sale of the participation takes place and (ii) the
participating Lender notifies the Borrower of such participation no later than
one hundred twenty (120) days after such Change in Law becomes effective.
(iv)    Any Lender may at any time pledge or assign a security interest in all
or any portion of its rights under this Agreement to secure obligations of such
Lender, including without limitation any pledge or assignment to secure
obligations to a Federal Reserve Bank or a central bank having jurisdiction over
it, and this Section shall not apply to any such pledge or assignment of a
security interest; provided that no such pledge or assignment of a security
interest shall release a Lender from any of its obligations hereunder or
substitute any such pledgee or assignee for such Lender as a party hereto.
(v)    Notwithstanding any other provision of this Agreement, no Lender will
assign its rights and obligations under this Agreement, or sell participations
in its rights and/or obligations under this Agreement, to any Person who is
(i) listed on the Specially Designated Nationals and Blocked Persons List
maintained by the U.S. Department of Treasury Office of Foreign Assets Control
(“OFAC”) and/or on any other similar list maintained by OFAC pursuant to any
authorizing statute, executive order or regulation or (ii) either (A) included
within the term “designated national” as defined in the Cuban Assets Control
Regulations, 31 C.F.R. Part 515 or (B) designated under Sections 1(a), 1(b),
1(c) or 1(d) of Executive Order No. 13224, 66 Fed. Reg. 49079 (published
September 25, 2001) or similarly designated under any related enabling
legislation or any other similar executive orders.
SECTION 9.05    Survival. All covenants, agreements, representations and
warranties made by the Loan Parties in the Loan Documents and in the
certificates or other instruments delivered in connection with or pursuant to
this Agreement or any other Loan Document shall be considered to have been
relied upon by the other parties hereto and shall survive the execution and
delivery of the Loan Documents and the making of any Loans and issuance of any
Letters of Credit, regardless of any investigation made by any such other party
or on its behalf and notwithstanding that the Administrative Agent, any Issuing
Bank or any Lender may have had notice or knowledge of any Default or incorrect
representation or warranty at the time any credit is extended hereunder, and
shall continue in full force and effect as long as the principal of or any
accrued interest on any Loan or any fee or any other amount payable under this
Agreement or any other Loan Document is outstanding and unpaid or any Letter of
Credit is outstanding and so long as the Commitments have not expired or
terminated. The provisions of Sections 2.14, 2.15, 2.16 and 9.03 and
Article VIII shall survive and remain in full force and effect regardless of the
consummation of the transactions contemplated hereby, the repayment of the
Loans, the expiration or termination of the Letters of Credit and the
Commitments or the termination of this Agreement or any other Loan Document or
any provision hereof or thereof.
SECTION 9.06    Counterparts; Integration; Effectiveness; Effect of Restatement.
This Agreement may be executed in counterparts (and by different parties hereto
on different counterparts), each of

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which shall constitute an original, but all of which when taken together shall
constitute a single contract. This Agreement, the other Loan Documents and any
separate letter agreements with respect to fees payable to the Administrative
Agent constitute the entire contract among the parties relating to the subject
matter hereof and supersede any and all previous agreements and understandings,
oral or written, relating to the subject matter hereof. Except as provided in
Section 4.01, this Agreement shall become effective when it shall have been
executed by the Administrative Agent and when the Administrative Agent shall
have received counterparts hereof which, when taken together, bear the
signatures of each of the other parties hereto, and thereafter shall be binding
upon and inure to the benefit of the parties hereto and their respective
successors and assigns. Delivery of an executed counterpart of a signature page
of this Agreement by telecopy or pdf shall be effective as delivery of a
manually executed counterpart of this Agreement. Upon the effectiveness of this
Agreement, the provisions of this Agreement shall supersede the Original Credit
Agreement in its entirety; provided that the effectiveness of this Agreement
shall not constitute a novation of any amount owing under the Original Credit
Agreement and all amounts owing in respect of principal, interest, fees and
other amounts pursuant to the Original Credit Agreement shall, to the extent not
paid on or prior to the Restatement Effective Date, shall continue to be owing
under this Agreement. From and after the Restatement Effective Date, all
references to the “Credit Agreement” (or similar term) in the Loan Documents
shall, unless the context plainly requires otherwise, refer to this Agreement
and all obligations of any Loan Party under the Guaranty, the Pledge and
Security Agreement and each other Loan Document shall apply to this Agreement to
the same extent as the Original Credit Agreement.
SECTION 9.07    Severability. Any provision of this Agreement held to be
invalid, illegal or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such invalidity, illegality or
unenforceability without affecting the validity, legality and enforceability of
the remaining provisions hereof; and the invalidity of a particular provision in
a particular jurisdiction shall not invalidate such provision in any other
jurisdiction.
SECTION 9.08    Right of Setoff. If an Event of Default shall have occurred and
be continuing, each Lender and each of its Affiliates is hereby authorized at
any time and from time to time, to the fullest extent permitted by law, to set
off and apply any and all deposits (general or special, time or demand,
provisional or final and in whatever currency denominated) at any time held and
other obligations (in whatever currency) at any time owing by such Lender or
Affiliate to or for the credit or the account of any Borrower against any of and
all the Obligations of such Borrower now or hereafter existing under this
Agreement held by such Lender, irrespective of whether or not such Lender shall
have made any demand under this Agreement and although such obligations may be
unmatured; provided that, in the case of any deposits or other obligations for
the credit or the account of any Foreign Subsidiary, such setoff may only be
against any Obligations of Foreign Subsidiaries. The rights of each Lender under
this Section are in addition to other rights and remedies (including other
rights of setoff) which such Lender may have. Each Lender and its Affiliates
agrees to notify the Borrower Agent and the Administrative Agent promptly after
any such setoff and application, provided, that the failure to give such notice
shall not affect the validity of such setoff and application.
SECTION 9.09    Governing Law; Jurisdiction; Consent to Service of Process.
(a)    This Agreement shall be construed in accordance with and governed by the
law of the State of New York.
(b)    Each of the parties hereto hereby irrevocably and unconditionally
submits, for itself and its property, to the exclusive jurisdiction of the
Supreme Court of the State of New York sitting in New York County and of the
United States District Court of the Southern District of New York, and any
appellate court from any thereof, in any action or proceeding arising out of or
relating to this Agreement or any other Loan Document, or for recognition or
enforcement of any judgment, and each of the parties hereto hereby irrevocably
and unconditionally agrees that all claims in respect of any such action or
proceeding shall be heard and determined in such New York State or, to the
extent permitted by law, in such Federal court except that nothing in this
Section 9.09 shall limit the ability of the Administrative Agent to enforce the
provisions of any Loan Document against any Loan Party in any other
jurisdiction. Each of the parties hereto agrees that a final judgment in any
such action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by

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law. The foregoing shall not affect any right that any party hereto may
otherwise have to bring any action or proceeding relating to this Agreement
against any other party or its properties in the courts of any jurisdiction.
(c)    Each of the parties hereto hereby irrevocably and unconditionally waives,
to the fullest extent it may legally and effectively do so, any objection which
it may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Agreement or any other Loan
Document in any court referred to in paragraph (b) of this Section. Each of the
parties hereto hereby irrevocably waives, to the fullest extent permitted by
law, the defense of an inconvenient forum to the maintenance of such action or
proceeding in any such court.
(d)    Each party to this Agreement irrevocably consents to service of process
in the manner provided for notices in Section 9.01. Nothing in this Agreement or
any other Loan Document will affect the right of any party to this Agreement to
serve process in any other manner permitted by law. Each Credit Agreement Party
that is not organized under the laws of any state of the United States or the
District of Columbia hereby irrevocably designates, appoints and empowers the
Borrower Agent, in the case of any suit, action or proceeding brought in the
United States of America, as its designee, appointee and agent to receive,
accept and acknowledge for and on its behalf, and in respect of its property,
service of any and all legal process, summons, notices and documents that may be
served in any action or proceeding arising out of, or in connection with, this
Agreement or any other Loan Document. Such service may be made by mailing (by
registered or certified mail, postage prepaid) of copies of such process to the
Borrower Agent at the U.S. Parent Borrower’s address specified in Section 9.01
or at such other address as the U.S. Parent Borrower may specify pursuant to
Section 9.01.
SECTION 9.10    WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY
JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING
TO THIS AGREEMENT, ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH
PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER
INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION.
SECTION 9.11    Headings. Article and Section headings and the Table of Contents
used herein are for convenience of reference only, are not part of this
Agreement and shall not affect the construction of, or be taken into
consideration in interpreting, this Agreement.
SECTION 9.12    Confidentiality. Each of the Administrative Agent, the Issuing
Banks and the Lenders agrees to maintain the confidentiality of the Information
(as defined below), except that Information may be disclosed (a) to its and its
Affiliates’ directors, officers, partners, members, employees, managers,
administrators, trustees and agents, including accountants, legal counsel and
other advisors solely for the purpose of, or otherwise directly in connection
with this Agreement (it being understood that the Persons to whom such
disclosure is made will be informed of the confidential nature of such
Information and instructed to keep such Information confidential pursuant to the
terms hereof), (b) to the extent requested or required by any Governmental
Authority or by the National Association of Insurance Commissioners or any
representative thereof, (c) to the extent required by applicable laws or
regulations or by any subpoena or similar legal process (provided, however,
that, to the extent practicable and permitted by law, the Borrower Agent has
been notified prior to such disclosure so that the Borrower Agent may seek, at
the Borrower Agent’s sole expense, a protective order or other appropriate
remedy), (d) to any other party to this Agreement, (e) in connection with the
exercise of any remedies hereunder or any suit, action or proceeding relating to
this Agreement or any other Loan Document or the enforcement of rights hereunder
or thereunder (provided, however, to the extent practicable and permitted by
law, the Borrower Agent is notified prior to such disclosure so that the
Borrower Agent may seek, at the Borrower Agent’s sole expense, a protective
order or other appropriate remedy), (f) subject to an agreement for the benefit
of the Borrowers containing provisions at least

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as restrictive as those of this Section, to (i) any assignee or any prospective
assignee of any of its rights or obligations under this Agreement (and to any
Participant or prospective Participant in any of its rights or obligations under
this Agreement) so long as such Lender believes such assignee, Participant or
prospective assignee or Participant is, or will be, an Eligible Assignee or
(ii) any direct or indirect actual or prospective party (or its managers,
administrators, trustees, partners, directors, officers, employees, agents,
advisors and other representatives) to any swap or derivative, credit insurance
or similar transaction under which payments are to be made by reference to the
Borrowers and their obligations, this Agreement or payments hereunder, (g) with
the consent of the Borrower Agent or (h) to any ratings agency or the CUSIP
Bureau or any similar organization or to the extent such Information (i) becomes
publicly available other than as a result of a breach of this Section or, to the
knowledge of such disclosing person, as a result of a breach of a
confidentiality agreement with any other Person or (ii) that is or becomes
available to the Administrative Agent, the Issuing Bank or any Lender on a
nonconfidential basis from a source other than the Parent Entity or any Borrower
not in violation of any obligation of confidentiality. For the purposes of this
Section, “Information” means all information received from the Parent Entity or
any Borrower relating to the Parent Entity and its Subsidiaries and their
respective businesses, other than any such information that is publicly
available (other than as a result of a breach of this Section) to the
Administrative Agent, any Issuing Bank or any Lender prior to disclosure by the
Parent Entity or such Borrower.
EACH LENDER ACKNOWLEDGES THAT INFORMATION FURNISHED TO IT PURSUANT TO THIS
AGREEMENT OR THE OTHER LOAN DOCUMENTS MAY INCLUDE MATERIAL NON-PUBLIC
INFORMATION CONCERNING THE BORROWERS, THE OTHER LOAN PARTIES AND THEIR
AFFILIATES AND RELATED PARTIES OR THEIR RESPECTIVE SECURITIES, AND CONFIRMS THAT
IT HAS DEVELOPED CUSTOMARY PROCEDURES REGARDING THE USE OF MATERIAL NON-PUBLIC
INFORMATION INTENDED TO COMPLY WITH APPLICABLE LAW, INCLUDING FEDERAL AND STATE
SECURITIES LAWS, AND THAT IT WILL HANDLE SUCH MATERIAL NON-PUBLIC INFORMATION IN
ACCORDANCE WITH SUCH CUSTOMARY PROCEDURES AND APPLICABLE LAW, INCLUDING FEDERAL
AND STATE SECURITIES LAWS. NOTHING IN THE FOREGOING SHALL PREVENT ANY LENDER
FROM DISCLOSING INFORMATION TO THE EXTENT PERMITTED BY THE IMMEDIATELY PRECEDING
PARAGRAPH.
SECTION 9.13    USA PATRIOT Act. Each Lender that is subject to the requirements
of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26,
2001)) (the “Act”) hereby notifies each Loan Party that pursuant to the
requirements of the Act, it is required to obtain, verify and record information
that identifies such Loan Party, which information includes the name and address
of such Loan Party and other information that will allow such Lender to identify
such Loan Party in accordance with the Act.
SECTION 9.14    Interest Rate Limitation. Notwithstanding anything to the
contrary contained in any Loan Document, if at any time the interest rate
applicable to any Loan, together with all fees, charges and other amounts which
are treated as interest on such Loan under applicable Law (collectively the
“Charges”), shall exceed the maximum lawful rate (the “Maximum Rate”) which may
be contracted for, charged, taken, received or reserved by the Lender holding
such Loan in accordance with applicable Law, the rate of interest payable in
respect of such Loan hereunder, together with all Charges payable in respect
thereof, shall be limited to the Maximum Rate and, to the extent lawful, the
interest and Charges that would have been payable in respect of such Loan but
were not payable as a result of the operation of this Section shall be cumulated
and the interest and Charges payable to such Lender in respect of other Loans or
periods shall be increased (but not above the Maximum Rate therefor) until such
cumulated amount, together with interest thereon at the Federal Funds Effective
Rate to the date of repayment, shall have been received by such Lender.
SECTION 9.15    No Fiduciary Duty. In connection with all aspects of each
transaction contemplated by this Agreement, each Borrower acknowledges and
agrees, and acknowledges the other Loan Parties’ understanding, that (i) each
transaction contemplated by this Agreement is an arm’s-length commercial
transaction, between the Loan Parties, on the one hand, and the Agents and the
Lenders, on the other hand, (ii) in connection with each such transaction and
the process leading thereto, the Agents and the Lenders will act solely as
principals and not as agents or fiduciaries of the Loan Parties or any of their
stockholders, affiliates, creditors, employees or any other party, (iii) neither
any Agent nor any Lender will assume an advisory or fiduciary

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responsibility in favor of any Borrower or any of their respective Affiliates
with respect to any of the transactions contemplated hereby or the process
leading thereto (irrespective of whether the Agents or any Lender has advised or
is currently advising any Loan Party on other matters) and neither any Agent nor
any Lender will have any obligation to any Loan Party or any of its Affiliates
with respect to the transactions contemplated in this Agreement except the
obligations expressly set forth herein, (iv) each Agent and each Lender may be
engaged in a broad range of transactions that involve interests that differ from
those of the Loan Parties and their affiliates, and (v) neither any Agent nor
any Lender has provided or will provide any legal, accounting, regulatory or tax
advice with respect to any of the transactions contemplated hereby and the Loan
Parties have consulted and will consult their own legal, accounting, regulatory,
and tax advisors to the extent it deems appropriate. The matters set forth in
this Agreement and the other Loan Documents reflect an arm’s-length commercial
transaction between the Loan Parties, on the one hand, and the Agents and the
Lenders, on the other hand. The Borrowers agree that the Loan Parties shall not
assert any claims that any Loan Party may have against any Agent or any Lender
based on any breach or alleged breach of fiduciary duty.

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EXHIBIT A

FORM OF ASSIGNMENT AND ASSUMPTION
This Assignment and Assumption (the “Assignment and Assumption”) is dated as of
the Effective Date set forth below and is entered into by and between [Insert
name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the
“Assignee”). Capitalized terms used but not defined herein shall have the
meanings given to them in the Credit Agreement identified below (as amended, the
“Credit Agreement”), receipt of a copy of which is hereby acknowledged by the
Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto
are hereby agreed to and incorporated herein by reference and made a part of
this Assignment and Assumption as if set forth herein in full.
For an agreed consideration, the Assignor hereby irrevocably sells and assigns
to the Assignee, and the Assignee hereby irrevocably purchases and assumes from
the Assignor, subject to and in accordance with the Standard Terms and
Conditions and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of the Assignor’s rights and
obligations in its capacity as a Lender under the Credit Agreement and any other
documents or instruments delivered pursuant thereto to the extent related to the
amount and percentage interest identified below of all of such outstanding
rights and obligations of the Assignor under the respective facilities
identified below (including any letters of credit, guarantees, and swingline
loans included in such facilities) and (ii) to the extent permitted to be
assigned under applicable law, all claims, suits, causes of action and any other
right of the Assignor (in its capacity as a Lender) against any Person, whether
known or unknown, arising under or in connection with the Credit Agreement, any
other documents or instruments delivered pursuant thereto or the loan
transactions governed thereby or in any way based on or related to any of the
foregoing, including contract claims, tort claims, malpractice claims, statutory
claims and all other claims at law or in equity related to the rights and
obligations sold and assigned pursuant to clause (i) above (the rights and
obligations sold and assigned pursuant to clauses (i) and (ii) above being
referred to herein collectively as the “Assigned Interest”). Such sale and
assignment is without recourse to the Assignor and, except as expressly provided
in this Assignment and Assumption, without representation or warranty by the
Assignor.
1.
Assignor:
 
 
 
 
 
 
 
 
2.
Assignee:
 
 
 
 
 
 [and is an Eligible Assignee]
 
 
 
3.
Borrower(s):
Delphi Corporation
 
 
 
 
 
4.
Administrative Agent:
JPMorgan Chase Bank, N.A., as Administrative Agent under the Credit Agreement
 
 
 
5.
Credit Agreement:
The Amended and Restated Credit Agreement, dated as of August 17, 2016 as may be
amended, restated, supplemented or otherwise modified from time to time, among
Delphi Corporation (the “U.S. Company”), Delphi Automotive PLC, the Subsidiary
Borrowers from time to time party thereto, the Lenders from time to time party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as Administrative Agent

6.
Assigned Interest:

A-1

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

Facility Assigned
Aggregate Amount of Commitment/Loans for all Lenders
Amount of Commitment/
Loans Assigned
Percentage Assigned of Commitment/Loans¹
Global Revolving Commitment
[$][€][£][CAD$][Mexican Pesos]
[$][€][£][CAD$][Mexican Pesos]
%
U.S. Revolving Commitment
$
$
%
Tranche A Term Loans
$
$
%
Incremental Term Loans
$
$
%
Extended Term Loans
$
$
%

Effective Date: _____________ ___, 20___ [TO BE INSERTED BY ADMINISTRATIVE AGENT
AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER
THEREFOR.]
The terms set forth in this Assignment and Assumption are hereby agreed to:
 
 
ASSIGNOR
 
 
 
 
 
[NAME OF ASSIGNOR]
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
ASSIGNEE
 
 
 
 
 
[NAME OF ASSIGNEE]
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:

____________________
¹Set forth, so at least 9 decimals, as a percentage of the Commitment/Loans of
all Lenders thereunder.

A-2

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

Consented to and Accepted
 
 
 
 
 
JPMORGAN CHASE BANK, N.A, as
 
 
Administrative Agent
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
[Consented to:]²
 
 
 
 
 
[ISSUING BANK], as Issuing Bank
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
DELPHI CORPORATION
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 

____________________
²To be added only if the consent of an Issuing Bank or the U.S. Parent Borrower,
as applicable, is required by the terms of the Credit Agreement.

A-3

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ANNEX I
STANDARD TERMS AND CONDITIONS FOR

ASSIGNMENT AND ASSUMPTION³
1. Representations and Warranties.
1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal
and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is
free and clear of any lien, encumbrance or other adverse claim and (iii) it has
full power and authority, and has taken all action necessary, to execute and
deliver this Assignment and Assumption and to consummate the transactions
contemplated hereby; and (b) assumes no responsibility with respect to (i) any
statements, warranties or representations made in or in connection with the
Credit Agreement or any other Loan Document, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Loan
Documents or any collateral thereunder, (iii) the financial condition of the
Company, any of its Subsidiaries or Affiliates or any other Person obligated in
respect of any Loan Document or (iv) the performance or observance by the
Company, any of its Subsidiaries or Affiliates or any other Person of any of
their respective obligations under any Loan Document.
1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full
power and authority, and has taken all action necessary, to execute and deliver
this Assignment and Assumption and to consummate the transactions contemplated
hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the
requirements, if any, specified in the Credit Agreement that are required to be
satisfied by it in order to acquire the Assigned Interest and become a Lender,
(iii) from and after the Effective Date, it shall be bound by the provisions of
the Credit Agreement as a Lender thereunder and, to the extent of the Assigned
Interest, shall have the obligations of a Lender thereunder, (iv) it has
received a copy of the Credit Agreement, together with copies of the most recent
financial statements delivered pursuant to Section 5.01 thereof, as applicable,
and such other documents and information as it has deemed appropriate to make
its own credit analysis and decision to enter into this Assignment and
Assumption and to purchase the Assigned Interest on the basis of which it has
made such analysis and decision independently and without reliance on the
Administrative Agent or any other Lender, and (v) if it is a Foreign Lender,
attached to the Assignment and Assumption is any documentation required to be
delivered by it pursuant to the terms of the Credit Agreement, duly completed
and executed by the Assignee; and (b) agrees that (i) it will, independently and
without reliance on the Administrative Agent, the Assignor or any other Lender,
and based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit decisions in taking or not taking action
under the Loan Documents, and (ii) it will perform in accordance with their
terms all of the obligations which by the terms of the Loan Documents are
required to be performed by it as a Lender.
2. Payments. From and after the Effective Date, the Administrative Agent shall
make all payments in respect of the Assigned Interest (including payments of
principal, interest, fees and other amounts) to the Assignor for amounts which
have accrued to but excluding the Effective Date and to the Assignee for amounts
which have accrued from and after the Effective Date.
3. General Provisions. This Assignment and Assumption shall be binding upon, and
inure to the benefit of, the parties hereto and their respective successors and
permitted assigns. This Assignment and Assumption may be executed in any number
of counterparts, which together shall constitute one instrument. Delivery of an
executed counterpart of a signature page of this Assignment and Assumption by
telecopy or by electronic transmission such as a .pdf shall be effective as
delivery of a manually executed counterpart of this Assignment and Assumption.
This Assignment and Assumption shall be governed by, and construed in accordance
with, the law of the State of New York.
__________
³Capitalized terms used but not defined herein shall have the meanings given to
them in the Amended and Restated Credit Agreement dated as of August 17, 2016
and as may be amended, restated, supplemented or otherwise modified from time to
time, among Delphi Corporation, Delphi

A-I-1

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

Automotive PLC, the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto, the Issuing Banks from time to time
party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent.

A-I-2

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

EXHIBIT B-1

FORM OF BORROWING REQUEST
JPMorgan Chase Bank, N.A.,
as Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Telecopy No. 302-634-4250
Email: dan.p.lougheed@jpmorgan.com

Re: Delphi Corporation
[Date]
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of
August 17, 2016 (as may be amended, restated, supplemented or otherwise modified
from time to time, the “Credit Agreement”), among Delphi Corporation (the
“Company”), Delphi Automotive PLC, the Subsidiary Borrowers from time to time
thereto, the Lenders from time to time party thereto, the Issuing Banks from
time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative
Agent. The Company hereby gives you notice pursuant to Section 2.03 of the
Credit Agreement that it requests on its behalf a Borrowing under the Credit
Agreement, and in connection therewith sets forth below the terms on which such
Borrowing is requested to be made:
(A) Identity of Borrower
________________

(B) Aggregate principal amount and currency of Borrowing

[$][€][£][CAD$][Mexican Pesos] ________________

(C) Class of Borrowing

________________

(D) Date of Borrowing (which is a Business Day)

________________

(E) Type of Borrowing

[ABR] [Eurocurrency] [Canadian Prime Rate] [BA Drawing] Borrowing

(E) [Interest Period and the last day thereof (which shall be subject to the
definition of “Interest Period” in the Credit Agreement)]4 [Contract Period
(which shall be subject to the definition of “Contract Period” in the Credit
Agreement]5

________________

(F) Funds are requested to be disbursed to Company to [location/number of
account].

___________________
4 To be included in the case of a Eurocurrency Borrowing.
5 To be included in the case of BA Drawings.

B-1-1

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

The undersigned hereby represents and warrants to the Administrative Agent and
the Lenders that the conditions to lending specified in Section 4.02 of the
Credit Agreement will be satisfied as of the date of the Borrowing set forth
above.
 
 
DELPHI CORPORATION
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

B-1-2

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

EXHIBIT B-2

FORM OF INTEREST ELECTION REQUEST
JPMorgan Chase Bank, N.A.,
as Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Telecopy No. 302-634-4250
Email: dan.p.lougheed@jpmorgan.com

Re: Delphi Corporation
[Date]
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of
August 17, 2016 (as amended, restated, supplemented or otherwise modified from
time to time, the “Credit Agreement”), among Delphi Corporation (the “Company”),
Delphi Automotive LLP, the Subsidiary Borrowers from time to time thereto, the
Lenders from time to time party thereto, the Issuing Banks from time to time
party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. The
Company hereby gives you notice pursuant to Section 2.07 of the Credit Agreement
that it requests to [convert][continue] an existing Borrowing under the Credit
Agreement, and in connection therewith sets forth below the terms on which such
Borrowing is requested to be [converted][continued]:

(A) List date, Facility, Class, Type, principal amount, currency and [Interest
Period] 6 [Contract Period]7 of existing Borrowing 8

__________________

(B) Aggregate principal amount of resulting
   Borrowing

$___________

(C) Effective Date of interest election (which is a
   Business Day)

__________________

(D) Type of Borrowing

[ABR] [Eurocurrency] [Canadian Prime Rate] [BA Drawing] Borrowing

(E) [Interest Period and the last day thereof (which shall be subject to the
definition of “Interest Period” in the Credit Agreement)]9 [Contract Period
(which shall be subject to the definition of “Contract Period”)]10

__________________

B-2-1

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

____________________
6 To be included in the case of Eurocurrency Borrowings.
7 To be included in the case of BA Drawings.
8 The U.S. Parent Borrower may elect to convert initial Borrowings to a
different Type, to convert BA Drawings to Canadian Prime Rate Loans, to convert
Canadian Prime Rate Loans into BA Drawings or to continue such Borrowing. The
U.S. Parent Borrower may not elect to convert any Borrowing denominated in an
Alternative Currency to an ABR Borrowing and may not change the currency in
which any Borrowing is denominated.
9 To be included if the resulting Borrowing is a Eurocurrency Borrowing.
10 To be included if the resulting Borrowing is a BA Drawing.

B-2-2

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

 
 
DELPHI CORPORATION
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

B-2-3

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

EXHIBIT B-3

FORM OF LETTER OF CREDIT ISSUANCE REQUEST
JPMorgan Chase Bank, N.A.,
as Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Telecopy No. 302-634-4250
Email: dan.p.lougheed@jpmorgan.com

Re: Delphi Corporation
[Date]
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of
August 17, 2016 (as amended, restated, supplemented or otherwise modified from
time to time, the “Credit Agreement”), among Delphi Corporation (the “Company”),
Delphi Automotive PLC, the Subsidiary Borrowers from time to time thereto, the
Lenders from time to time party thereto, the Issuing Banks from time to time
party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. The
Company hereby gives you notice pursuant to Section 2.05(b) of the Credit
Agreement that it requests that the Issuing Bank issue a Letter of Credit under
the Credit Agreement on behalf of [the Company] [specify applicable Subsidiary],
and in connection therewith sets forth below the terms on which such Letter of
Credit is requested to be issued:
(A) Issuance date of such Letter of Credit (which shall be a Business Day)
_______________
(B) Expiration date of such Letter of Credit11
_______________
(C) Amount and currency of such Letter of Credit
[$][€][£][CAD$][Mexican Pesos]_____________ [a U.S. Letter of Credit][a Global
Letter of Credit]12
(D) Name/address of beneficiary of such Letter of Credit
_______________
(E) [any other information required in connection with the issuance of such
Letter of Credit]
_______________

 
____________________
11 Such date to be in accordance with Section 2.05(c) of the Credit Agreement.
12 If such Letter of Credit is denominated in U.S. Dollars, specify whether it
is a Global Letter of Credit or a U.S. Letter of Credit.

B-3-1

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

The Company hereby represents and warrants that the conditions to lending
specified in Section 4.02 of the Credit Agreement are satisfied as of the date
hereof.
 
 
DELPHI CORPORATION
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

B-3-2

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

EXHIBIT B-4

FORM OF DISCOUNT NOTE
CAD $ ____________________    Date: _____________________
FOR VALUE RECEIVED, the undersigned unconditionally promises to pay on
______________, 20___, to JPMorgan Chase Bank, N.A. (the “Holder”), the sum of
CAD$ with no interest thereon.
The undersigned hereby waives presentment, protest and notice of every kind and
waives any defenses based upon indulgences which may be granted by the Holder to
any party liable hereon and any days of grace.
This promissory note evidences a BA Equivalent Loan, as defined in the Amended
and Restated Credit Agreement, dated as of August 17, 2016 (as amended,
restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”), among DELPHI CORPORATION, a Delaware corporation (the “U.S. Parent
Borrower”), DELPHI AUTOMOTIVE PLC, a public limited company incorporated under
the laws of Jersey (the “Parent”), the Subsidiary Borrowers from time to time
party thereto, the Lenders from time to time party thereto, the Issuing Banks
from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative
agent (in such capacity, the “Administrative Agent”)and constitutes indebtedness
to the Holder arising under the BA Equivalent Loan. Payment of this note shall
be made at the offices of the Administrative Agent at 383 Madison Avenue, 24th
Floor, New York, NY, 10179. Capitalized terms used and not defined herein have
the meanings given to them in the Credit Agreement.
 
 
DELPHI CORPORATION,
 
 
as U.S. Parent Borrower
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

    

B-4-1

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

EXHIBIT B-5

FORM OF SWINGLINE LOAN BORROWING REQUEST
JPMorgan Chase Bank, N.A,
as Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Telecopy No. 302-634-4250
Email: dan.p.lougheed@jpmorgan.com

Re: Delphi Corporation
[Date]
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of
August 17, 2016 (as amended, restated, supplemented or otherwise modified from
time to time, the “Credit Agreement”), among Delphi Corporation (the “Company”),
Delphi Automotive PLC, the Subsidiary Borrowers from time to time thereto, the
Lenders from time to time party thereto, the Issuing Banks from time to time
party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. The
Company hereby gives you notice pursuant to Section 2.04(b) of the Credit
Agreement that it requests a Swingline Loan Borrowing under the Credit
Agreement, and in connection therewith sets forth below the terms on which such
Swingline Loan Borrowing is requested to be made:

(A) Aggregate principal amount of Borrowing

$_______________

(B) Date of Borrowing (which is a Business Day)

________________

(C) Facility

[Global Revolving Facility][U.S. Revolving Facility]

(D) Funds are requested to be disbursed to:13

________________

____________________
13 Company to indicate whether such Swingline Loan Borrowing shall be made
available to the Company by means of a credit to the general deposit account of
the U.S. Parent Borrower with the Swingline Lender or remitted to the Issuing
Bank if such Swingline Loan Borrowing is being requested to finance an LC
Disbursement as provided in Section 2.05(e) of the Credit Agreement or, to the
extent that the Applicable Participants have made payments pursuant to Section
2.05(e) of the Credit Agreement to reimburse the applicable Issuing Bank, to
such Applicable Participants and such Issuing Bank as their interest may appear.

B-5-1

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

The Company hereby represents and warrants that the conditions to lending
specified in Section 4.02 of the Credit Agreement are satisfied as of the date
hereof.
 
 
DELPHI CORPORATION
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

B-5-2

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

EXHIBIT C

[Reserved]

ANNEX C-1

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

EXHIBIT D-1
U.S. TAX COMPLIANCE CERTIFICATE
(For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax
Purposes)

Reference is made to that certain Amended and Restated Credit Agreement, dated
as of August 17, 2016 (as it may be amended, supplemented, restated or otherwise
modified from time to time, the “Credit Agreement,” by and among Delphi
Corporation (the “U.S. Parent Borrower”), Delphi Automotive PLC (the “Parent”),
the Subsidiary Borrowers from time to time party thereto, the Lenders party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as Administrative Agent. Capitalized terms used herein that are not
defined herein shall have the meanings ascribed to them in the Credit Agreement.
Pursuant to the provisions of Section 2.16(e) of the Credit Agreement, the
undersigned hereby certifies that (i) it is the sole record and beneficial owner
of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of
which it is providing this certificate, (ii) it is not a bank within the meaning
of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder
of the U.S. Parent Borrower within the meaning of Section 871(h)(3)(B) of the
Code, (iv) it is not a controlled foreign corporation related to the U.S. Parent
Borrower as described in Section 881(c)(3)(C) of the Code, and (v) the interest
payments on the Loan(s) are not effectively connected with the undersigned’s
conduct of a U.S. trade or business.
The undersigned has furnished the Administrative Agent and the U.S. Parent
Borrower with a certificate of its non-U.S. person status on Internal Revenue
Service Form W-8BEN or W-8BEN-E, as applicable. By executing this certificate,
the undersigned agrees that (1) if the information provided on this certificate
changes, or if a lapse in time or change in circumstances renders the
information on this certificate obsolete, expired or inaccurate in any material
respect, the undersigned shall promptly so inform the U.S. Parent Borrower and
the Administrative Agent and deliver promptly to the U.S. Parent Borrower and
the Administrative Agent an updated certificate or other appropriate
documentation (including any new documentation reasonably requested by the U.S.
Parent Borrower or the Administrative Agent) or promptly notify the U.S. Parent
Borrower or the Administrative Agent of its inability to do so, and (2) the
undersigned shall have at all times furnished the U.S. Parent Borrower and the
Administrative Agent with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to
the undersigned or at such times are as reasonably requested by the U.S. Parent
Borrower and the Administrative Agent.
[NAME OF LENDER]
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
Date: ________ __, 20[ ]
 
 

D-1-1

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

EXHIBIT D-2
U.S. TAX COMPLIANCE CERTIFICATE
(For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)

Reference is made to that certain Amended and Restated Credit Agreement, dated
as of August 17, 2016 (as it may be amended, supplemented, restated or otherwise
modified from time to time, the “Credit Agreement,” by and among Delphi
Corporation (the “U.S. Parent Borrower”), Delphi Automotive PLC (the “Parent”),
the Subsidiary Borrowers from time to time party thereto, the Lenders party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as Administrative Agent. Capitalized terms used herein that are not
defined herein shall have the meanings ascribed to them in the Credit Agreement.
Pursuant to the provisions of 2.16(e) of the Credit Agreement, the undersigned
hereby certifies that (i) it is the sole record owner of the Loan(s) (as well as
any Note(s) evidencing such Loan(s)) in respect of which it is providing this
certificate, (ii) its direct or indirect partners/members are the sole
beneficial owners of such Loan(s) (as well as any Note(s) evidencing such
Loan(s)), (iii) with respect to the extension of credit pursuant to the Credit
Agreement or any other Loan Document, neither the undersigned nor any of its
direct or indirect partners/members is a bank within the meaning of Section
881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members
is a ten percent shareholder of the U.S. Parent Borrower within the meaning of
Section 871(h)(3)(B) of the Code, (v) none of its direct or indirect
partners/members is a controlled foreign corporation related to the U.S. Parent
Borrower as described in Section 881(c)(3)(C) of the Code, and (vi) the interest
payments on the Loan(s) are not effectively connected with the undersigned’s or
its direct or indirect partners/members’ conduct of a U.S. trade or business.
The undersigned has furnished the Administrative Agent and the U.S. Parent
Borrower with Internal Revenue Service Form W-8IMY accompanied by an Internal
Revenue Service Form W-8BEN or W-8BEN-E, as applicable, from each of its
partners/members claiming the portfolio interest exemption. By executing this
certificate, the undersigned agrees that (1) if the information provided on this
certificate changes, or if a lapse in time or change in circumstances renders
the information on this certificate obsolete, expired or inaccurate in any
material respect, the undersigned shall promptly so inform the U.S. Parent
Borrower and the Administrative Agent and deliver promptly to the U.S. Parent
Borrower and the Administrative Agent an updated certificate or other
appropriate documentation (including any new documentation reasonably requested
by the U.S. Parent Borrower or the Administrative Agent) or promptly notify the
U.S. Parent Borrower or the Administrative Agent of its inability to do so, and
(2) the undersigned shall have at all times furnished the U.S. Parent Borrower
and the Administrative Agent with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to
the undersigned or at such times are as reasonably requested by the U.S. Parent
Borrower and the Administrative Agent.
[NAME OF LENDER]
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
Date: ________ __, 20[ ]
 
 

D-2-1

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

EXHIBIT D-3
U.S. TAX COMPLIANCE CERTIFICATE
(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax
Purposes)

Reference is made to that certain Amended and Restated Credit Agreement, dated
as of August 17, 2016 (as it may be amended, supplemented, restated or otherwise
modified from time to time, the “Credit Agreement,” by and among Delphi
Corporation (the “U.S. Parent Borrower”), Delphi Automotive PLC (the “Parent”),
the Subsidiary Borrowers from time to time party thereto, the Lenders party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as Administrative Agent. Capitalized terms used herein that are not
defined herein shall have the meanings ascribed to them in the Credit Agreement.
Pursuant to the provisions of Section 2.16(e) of the Credit Agreement, the
undersigned hereby certifies that (i) it is the sole record and beneficial owner
of the participation in respect of which it is providing this certificate, (ii)
it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii)
it is not a ten percent shareholder of the U.S. Parent Borrower within the
meaning of Section 871(h)(3)(B) of the Code, (iv) it is not a controlled foreign
corporation related to the U.S. Parent Borrower as described in Section
881(c)(3)(C) of the Code, and (v) the interest payments with respect to such
participation are not effectively connected with the undersigned’s conduct of a
U.S. trade or business.
The undersigned has furnished its participating Lender with a certificate of its
non-U.S. person status on an Internal Revenue Service Form W-8BEN or W-8BEN-E,
as applicable. By executing this certificate, the undersigned agrees that (1) if
the information provided on this certificate changes, or if a lapse in time or
change in circumstances renders the information on this certificate obsolete,
expired or inaccurate in any material respect, the undersigned shall promptly so
inform such Lender and deliver promptly to such Lender an updated certificate or
other appropriate documentation (including any new documentation reasonably
requested by such Lender) or promptly notify such Lender of its inability to do
so, and (2) the undersigned shall have at all times furnished such Lender with a
properly completed and currently effective certificate in either the calendar
year in which each payment is to be made to the undersigned or at such times are
as reasonably requested by such Lender.

[NAME OF PARTICIPANT]
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
Date: ________ __, 20[ ]
 
 

D-3-1

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

EXHIBIT D-4
U.S. TAX COMPLIANCE CERTIFICATE
(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax
Purposes)

Reference is made to that certain Amended and Restated Credit Agreement, dated
as of August 17, 2016 (as it may be amended, supplemented, restated or otherwise
modified from time to time, the “Credit Agreement,” by and among Delphi
Corporation (the “U.S. Parent Borrower”), Delphi Automotive PLC (the “Parent”),
the Subsidiary Borrowers from time to time party thereto, the Lenders party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as Administrative Agent. Capitalized terms used herein that are not
defined herein shall have the meanings ascribed to them in the Credit Agreement.
Pursuant to the provisions of 2.16(e) of the Credit Agreement, the undersigned
hereby certifies that (i) it is the sole record owner of the participation in
respect of which it is providing this certificate, (ii) its direct or indirect
partners/members are the sole beneficial owners of such participation, (iii)
with respect such participation, neither the undersigned nor any of its direct
or indirect partners/members is a bank extending credit pursuant to a loan
agreement entered into in the ordinary course of its trade or business within
the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or
indirect partners/members is a ten percent shareholder of U.S. Parent Borrower
within the meaning of Section 871(h)(3)(B) of the Code, (v) none of its direct
or indirect partners/members is a controlled foreign corporation related to the
U.S. Parent Borrower as described in Section 881(c)(3)(C) of the Code, and (vi)
the interest payments with respect to such participation are not effectively
connected with the undersigned’s or its direct or indirect partners/members’
conduct of a U.S. trade or business.
The undersigned has furnished its participating Lender with Internal Revenue
Service Form W-8IMY accompanied by an Internal Revenue Service Form W-8BEN or
W-8BEN-E, as applicable, from each of its partners/members claiming the
portfolio interest exemption. By executing this certificate, the undersigned
agrees that (1) if the information provided on this certificate changes, or if a
lapse in time or change in circumstances renders the information on this
certificate obsolete, expired or inaccurate in any material respect, the
undersigned shall promptly so inform such Lender and deliver promptly to such
Lender an updated certificate or other appropriate documentation (including any
new documentation reasonably requested by such Lender) or promptly notify such
Lender of its inability to do so, and (2) the undersigned shall have at all
times furnished such Lender with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to
the undersigned or at such times are as reasonably requested by such Lender.

[NAME OF PARTICIPANT]
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
Date: ________ __, 20[ ]
 
 

D-4-1

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

EXHIBIT E
FORM OF JOINDER AGREEMENT

E-1

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

EXHIBIT E

FORM OF JOINDER AGREEMENT
JOINDER AGREEMENT, dated as of ___, 20__, made by each signatory hereto (the
“Subsidiary Borrower”), in favor of JPMorgan Chase Bank, N.A., as administrative
agent for the Lenders (in such capacity, the “Administrative Agent”), referred
to in the Amended and Restated Credit Agreement, dated as of August 17, 2016 (as
may be amended, restated, supplemented or otherwise modified from time to time,
the “Credit Agreement”), among Delphi Corporation (the “U.S. Parent Borrower”),
Delphi Automotive PLC (the “Parent”), the Subsidiary Borrowers from time to time
thereto, the Lenders from time to time party thereto, the Issuing Banks from
time to time party thereto, and JPMorgan Chase Bank, N.A., as Administrative
Agent. Unless otherwise defined herein, terms used but not defined herein shall
have the meanings given to them in the Credit Agreement.
W I T N E S S E T H:
WHEREAS, the parties to this Joinder Agreement wish to add the Subsidiary
Borrower to the Credit Agreement in the manner hereinafter set forth; and
WHEREAS, this Joinder Agreement is entered into pursuant to Section 9.02(e)(i)
of the Credit Agreement.
NOW, THEREFORE, in consideration of the premises and subject to the terms and
conditions set forth in Section 9.02(e)(i) of the Credit Agreement, the parties
hereto hereby agree as follows:
1.     The Subsidiary Borrower, hereby acknowledges that it has received and
reviewed a copy of the Credit Agreement, and acknowledges and agrees to: (i)
join the Credit Agreement as a Subsidiary Borrower, as indicated with its
signature below; (ii) be bound by all covenants, agreements and acknowledgments
attributable to a Subsidiary Borrower in the Credit Agreement; and (iii) perform
all obligations and duties required of it by the Credit Agreement.
2.     The Subsidiary Borrower and each other Guarantor acknowledge and agree
that the Guaranty covers the Obligations of the Subsidiary Borrower.
3.    The legal name, address, organizational identification number (if any),
taxpayer identification number (if any) and jurisdiction and form of
organization of the Subsidiary Borrower is set forth in Annex I to this Joinder
Agreement.
4.     THIS JOINDER AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW
OF THE STATE OF NEW YORK.
[5.    To the extent the Subsidiary Borrower is incorporated in the Netherlands
or Luxembourg, as applicable, the conditions and definitions set forth in Annex
II to this Joinder Agreement shall apply.]

E-2

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

IN WITNESS WHEREOF, each of the undersigned has caused this Joinder Agreement to
be duly executed and delivered by its proper and duly authorized officer as of
the day and year first above written.
 
 
[NAME OF SUBSIDIARY BORROWER],
 
 
as a Subsidiary Borrower
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
 
 
 
DELPHI CORPORATION,
 
 
as the Borrower Agent
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:

E-3
[SIGNATURE PAGE TO JOINDER]

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

ACKNOWLEDGED AND AGREED TO:
 
 
 
 
 
JPMORGAN CHASE BANK, N.A.,
 
 
as Administrative Agent
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
 
 
 
ACKNOWLEDGED AND AGREED TO:
 
 
 
 
 
[EACH OTHER GUARANTOR],
 
 
as Guarantor
 
 
 
 
 
By:_________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 

E-4
[SIGNATURE PAGE TO JOINDER]

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

Annex I to Joinder Agreement

Legal Name
Jurisdiction of Organization
Form of Organization
Organizational Identification Number (if any)
Federal Taxpayer Identification Number (if any)
Address of Chief Executive Office
Share Capital (if any)
 
 
 
 
 
 
 
 
 
 
 
 
 
 

ANNEX I

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

Annex II to Joinder Agreement

Additional Condition to the Joinder Agreement and Section 9.02(e)(i) of the
Credit Agreement

The designation right set forth in Section 9.02(e)(i) of the Credit Agreement is
also subject to, solely in relation to a Foreign Borrower incorporated in the
Netherlands, the following additional condition: if required (i) the request for
advice from any works council with jurisdiction over the transaction
contemplated by the Credit Agreement and (ii) the unconditional positive advice
from such works council.

Additional Defined Terms Applicable to the Joinder Agreement and Credit
Agreement

In the Joinder Agreement and the Credit Agreement, where it relates to a Dutch
entity, a reference to:
(a)    "the Netherlands" refers to the part of the Kingdom of the Netherlands
located in Europe (and all derivate terms, including "Dutch", shall be construed
accordingly);
(b)    unless a contrary indication appears, a "director", in relation to a
Dutch Loan Party, means a managing director (bestuurder) and "board of
directors" means its managing board (bestuur);
(c)    "Lien" includes any mortgage (hypotheek), pledge (pandrecht), retention
of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of
retention (recht van retentie), right to reclaim goods (recht van reclame), and,
in general, any right in rem (beperkt recht), created for the purpose of
granting security (goederenrechtelijk zekerheidsrecht);
(d)    a "liquidation" includes a Dutch entity being declared bankrupt (failliet
verklaard), dissolved (ontbonden) or granted suspension of payments (surseance
van betaling);
(e)    a "receiver" includes a curator or a bewindvoerder; and
(f)    an "attachment" includes a beslag.

In the Joinder Agreement and the Credit Agreement, where it relates to a
Luxembourg entity, a reference to:
(a) a liquidation, bankruptcy, general assignment for the benefit of creditors,
moratorium, receivership, insolvency, reorganization or dissolution includes
bankruptcy (faillite), insolvency, voluntary or judicial liquidation
(liquidation voluntaire ou judiciare), composition with creditors (concordat
préventif de la faillite), moratorium or reprieve from payment (sursis de
paiement), controlled management (gestion contrôlée), fraudulent conveyance
(action paulienne), general settlement with creditors, reorganization or similar
laws affecting the rights of creditors generally;
(b)     a receiver, administrator, trustee, custodian, sequestrator, conservator
or similar officer includes a juge délégué, commissaire, juge-commissaire,
mandataire ad hoc, administrateur provisoire, liquidateur or curateur;
(c) a lien or security interest includes any hypothèque, nantissement, gage,
privilège, sûreté réelle, droit de rétention, and any type of security in rem
(sûreté réelle) or agreement or arrangement having a similar effect and any
transfer of title by way of security;

ANNEX II

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

(d)     attachments or similar creditors process means an executory attachment
(saisie exécutoire) or conservatory attachment (saisie arrêt); and
(e) by-laws includes its articles of association (statuts).

ANNEX II

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

EXHIBIT F
FORM OF GUARANTY

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

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

GUARANTY

dated as of

August 17, 2016

among

DELPHI AUTOMOTIVE PLC,
DELPHI CORPORATION,

THE OTHER GUARANTORS PARTY HERETO FROM TIME TO TIME,

and

JPMORGAN CHASE BANK, N.A.,
as Administrative Agent

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

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

Table of Contents
Page
ARTICLE I DEFINITIONS
1

Section 1.01     Credit Agreement Definitions
1

Section 1.02    Other Defined Terms
1

 
 
ARTICLE II GUARANTEE
2

Section 2.01    Guarantee
2

Section 2.02    Guarantee of Payment
2

Section 2.03    No Limitations
2

Section 2.04    Reinstatement
4

Section 2.05    Agreement To Pay; Subrogation
4

Section 2.06    Information
4

 
 
ARTICLE III INDEMNITY, SUBROGATION AND SUBORDINATION
4

 
 
ARTICLE IV MISCELLANEOUS
5

Section 4.01    Notices
5

Section 4.02    Waivers; Amendment
5

Section 4.03    Administrative Agent’s Fees and Expenses; Indemnification
5

Section 4.04    Successors and Assigns
5

Section 4.05    Survival of Agreement
6

Section 4.06    Counterparts; Effectiveness; Several Agreement
6

Section 4.07    Severability
6

Section 4.08    GOVERNING LAW, ETC
6

Section 4.09    WAIVER OF RIGHT TO TRIAL BY JURY
7

Section 4.10    Headings
7

Section 4.11    Obligations Absolute
7

Section 4.12    Termination or Release
7

Section 4.13    Additional Restricted Subsidiaries
8

Section 4.14    Recourse; Limited Obligations
8

Section 4.15    Right of Set-Off
8

SCHEDULES
Schedule I    --    Initial Guarantors
EXHIBITS
Exhibit I        --    Form of Guaranty Supplement

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This GUARANTY, dated as of August 17, 2016 is among DELPHI AUTOMOTIVE PLC
(“Parent”), a public limited company organized under the laws of Jersey, DELPHI
CORPORATION (the “U.S. Parent Borrower”), a Delaware corporation, the other
Guarantors set forth on Schedule I hereto or otherwise from time to time party
hereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent for the Guaranteed
Parties (together, with its successors and assigns, the “Administrative Agent”).
Reference is made to the Amended and Restated Credit Agreement, dated as of
August 17, 2016 (as amended, restated, amended and restated, modified or
supplemented from time to time, the “Credit Agreement”), by and among Parent,
the U.S. Parent Borrower, the Administrative Agent, the Lenders and Issuing
Banks from time to time party thereto and the other agents and arrangers party
thereto.
The Lenders have agreed to extend credit to the Borrowers and the Issuing Banks
have indicated their willingness to issue Letters of Credit on the terms and
conditions set forth in the Credit Agreement. The obligations of the Lenders and
Issuing Banks to extend such credit are, in each case, conditioned upon, among
other things, the execution and delivery of this Agreement by each Guarantor (as
defined below). The Guarantors are Affiliates of one another and will derive
substantial direct and indirect benefits from the extensions of credit to the
Borrowers pursuant to the Credit Agreement, and are willing to execute and
deliver this Agreement in order to induce the Lenders and Issuing Banks to
extend such credit. Accordingly, the parties hereto agree as follows:
ARTICLE I

Definitions.
Section 1.01     Credit Agreement Definitions.
Capitalized terms used in this Agreement, including the preamble and
introductory paragraphs hereto, and not otherwise defined herein have the
meanings specified in Section 1.01 of the Credit Agreement.
The rules of construction specified in Sections 1.02 through 1.08 (inclusive) of
the Credit Agreement also apply to this Agreement.
Section 1.02    Other Defined Terms. As used in this Agreement, the following
terms have the meanings specified below:
“Accommodation Payment” has the meaning assigned to such term in Article III.
“Agreement” means this Guaranty (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time).
“Allocable Amount” has the meaning assigned to such term in Article III.
“Credit Agreement” has the meaning assigned to such term in the preliminary
statement of this Agreement.
“Debtor Relief Laws” means the Bankruptcy Code of the United States, and all
other liquidation, conservatorship, bankruptcy, assignment for the benefit of
creditors, moratorium, rearrangement, receivership, insolvency, reorganization,
or similar debtor relief Laws of the United States or other applicable
jurisdictions from time to time in effect and affecting the rights of creditors
generally.
“Guaranteed Obligations” mean the “Obligations” as defined in the Credit
Agreement.
“Guaranteed Parties” means, collectively, the Administrative Agent, the Issuing
Banks, the Lenders, any Affiliate of a Lender to which Obligations are owed and
each co-agent or sub-agent appointed by the Administrative Agent pursuant to
Article VIII of the Credit Agreement.

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“Guarantors” means, collectively, (a) Parent, (b) the U.S. Parent Borrower and
(c) each Restricted Subsidiary listed on Schedule I hereto and any other Person
that becomes a party to this Agreement after the Restatement Effective Date
pursuant to Section 4.13; provided that if any such Guarantor is released from
its obligations hereunder as provided in Section 4.12(b), such Person shall
cease to be a Guarantor hereunder and for all purposes effective upon such
release.
“Guaranty Supplement” means an instrument substantially in the form of Exhibit I
hereto.
“Termination Conditions” means (a) the payment in full in cash of the
Obligations (other than contingent reimbursement and indemnification obligations
not yet accrued and payable) and (b) the termination of the Commitments and the
termination or expiration of all Letters of Credit (unless backstopped or cash
collateralized in accordance with Section 2.05(j) of the Credit Agreement or in
a manner reasonably acceptable to the applicable Issuing Banks).
“UFCA” has the meaning assigned to such term in Article III.
“UFTA” has the meaning assigned to such term in Article III.
ARTICLE II

Guarantee.
Section 2.01    Guarantee. Each Guarantor irrevocably, absolutely and
unconditionally guarantees, jointly with the other Guarantors and severally, as
a primary obligor and not merely as a surety, the due and punctual payment and
performance of the Guaranteed Obligations, in each case, whether such Guaranteed
Obligations are now existing or hereafter incurred under, arising out of or in
connection with any Loan Document and whether at maturity, by acceleration or
otherwise. Each of the Guarantors further agrees that the Guaranteed Obligations
may be extended, increased or renewed, amended or modified, in whole or in part,
without notice to, or further assent from, such Guarantor and that such
Guarantor will remain bound upon its guarantee hereunder notwithstanding any
such extension, increase, renewal, amendment or modification of any Guaranteed
Obligation. Each of the Guarantors waives promptness, presentment to, demand of
payment from, and protest to, any Guarantor or any other Loan Party of any of
the Guaranteed Obligations, and also waives notice of acceptance of its
guarantee and notice of protest for nonpayment.
Section 2.02    Guarantee of Payment. Each of the Guarantors further agrees that
its guarantee hereunder constitutes a guarantee of payment when due (whether or
not any proceeding under any Debtor Relief Law shall have stayed the accrual of
collection of any of the Guaranteed Obligations or operated as a discharge
thereof) and not of collection, and waives any right to require that any resort
be had by the Administrative Agent or any other Guaranteed Party to any security
held for the payment of any of the Guaranteed Obligations, or to any balance of
any deposit account or credit on the books of the Administrative Agent or any
other Guaranteed Party in favor of any other Guarantor or any other Person. The
obligations of each Guarantor hereunder are independent of the obligations of
any other Guarantor or any Borrower, and a separate action or actions may be
brought and prosecuted against each Guarantor whether or not action is brought
against any other Guarantor or the Borrowers and whether or not any other
Guarantor or the Borrowers be joined in any such action or actions. Any payment
required to be made by a Guarantor hereunder may be required by the
Administrative Agent or any other Guaranteed Party on any number of occasions.
Section 2.03    No Limitations. (a)    Except for termination or release of a
Guarantor’s obligations hereunder as expressly provided in Section 4.12, to the
fullest extent permitted by applicable Law, the obligations of each Guarantor
hereunder shall not be subject to any reduction, limitation, impairment or
termination for any reason, including any claim of waiver, release, surrender,
alteration or compromise, and shall not be subject to any defense or set-off,
counterclaim, recoupment or termination whatsoever by reason of the invalidity,
illegality or unenforceability of any of the Guaranteed Obligations, any
impossibility in the performance of any of the Guaranteed Obligations, or
otherwise. Without limiting the generality of the foregoing, to the fullest
extent

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permitted by applicable Law and except for termination or release of a
Guarantor’s obligations hereunder in accordance with the terms of Section 4.12
(but without prejudice to Section 2.04), the obligations of each Guarantor
hereunder shall not be discharged, impaired or otherwise affected by, and to the
fullest extent permitted by applicable law, each Guarantor waives any defense
arising out of, (i) the failure of the Administrative Agent, any other
Guaranteed Party or any other Person to assert any claim or demand or to enforce
any right or remedy under the provisions of any Loan Document or otherwise;
(ii) any rescission, waiver, amendment or modification of, or any release from
any of the terms or provisions of, any Loan Document or any other agreement,
including with respect to any other Guarantor under this Agreement; (iii) the
release of, or any impairment of any security held by the Administrative Agent
or any other Guaranteed Party for the Guaranteed Obligations; (iv) any default,
failure or delay, willful or otherwise, in the performance of the Guaranteed
Obligations; (v) the failure to perfect any security interest in, or the release
of, any security held by or on behalf of the Administrative Agent or any other
Guaranteed Party; (vi) any change in the corporate existence, structure or
ownership of any Loan Party, the lack of legal existence of any Borrower or any
other Guarantor or legal obligation to discharge any of the Guaranteed
Obligations by any Borrower or any other Guarantor for any reason whatsoever,
including, without limitation, in any insolvency, bankruptcy or reorganization
of any Loan Party; (vii) the existence of any claim, set-off or other rights
that any Guarantor may have at any time against any Borrower, the Administrative
Agent, any other Guaranteed Party or any other Person, whether in connection
with the Agreement, the other Loan Documents or any unrelated transaction;
(viii) this Agreement having been determined (on whatsoever grounds) to be
invalid, non-binding or unenforceable against any other Guarantor ab initio or
at any time after the Restatement Effective Date; (ix) any requirement of Laws
affecting any term of any Guarantor’s obligations hereunder or (x) any other
circumstance (including statute of limitations), any act or omission that may or
might in any manner or to any extent vary the risk of any Guarantor or otherwise
operate as a defense to, or discharge of, any Borrower, any Guarantor or any
other guarantor or surety as a matter of law or equity (in each case, other than
the satisfaction of the Termination Conditions). Anything contained in this
Agreement to the contrary notwithstanding, the obligations of each Guarantor
under this Agreement shall be limited to an aggregate amount equal to the
largest amount that would not render its obligations under this Agreement
subject to avoidance as a fraudulent transfer or conveyance under Section 548 of
the Bankruptcy Code of the United States or any comparable provisions of any
similar federal or state law.
(b)    To the fullest extent permitted by applicable Law and except for
termination or release of a Guarantor’s obligations hereunder in accordance with
the terms of Section 4.12 (but without prejudice to Section 2.04), each
Guarantor waives any defense based on or arising out of any defense of any
Borrower or any other Guarantor or the unenforceability of the Guaranteed
Obligations or any part thereof from any cause, or the cessation from any cause
of the liability of any Borrower or any other Guarantor, other than the
satisfaction of the Termination Conditions. The Administrative Agent and the
other Guaranteed Parties may in accordance with the terms of the Loans
Documents, at their election, foreclose on any security held by one or more of
them by one or more judicial or nonjudicial sales, accept an assignment of any
such security in lieu of foreclosure, compromise or adjust any part of the
Guaranteed Obligations, make any other accommodation with any Borrower or any
other Guarantor or exercise any other right or remedy available to them against
any Guarantor, without affecting or impairing in any way the liability of any
Guarantor hereunder except to the extent the Termination Conditions have been
satisfied. To the fullest extent permitted by applicable Law, each Guarantor
waives any defense arising out of any such election even though such election
operates, pursuant to applicable Law, to impair or to extinguish any right of
reimbursement or subrogation or other right or remedy of such Guarantor against
any Borrower or any other Guarantor, as the case may be, or any security. To the
fullest extent permitted by applicable Law, each Guarantor waives any and all
suretyship defenses.
(c)    Each Guarantor, and by its acceptance of this Agreement, the
Administrative Agent, hereby confirms that it is the intention of all such
Persons that this Agreement and the Obligations of each Guarantor hereunder not
constitute a fraudulent transfer or conveyance for purposes of Debtor Relief
Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act
or similar foreign, federal or state law to the extent applicable to this
Agreement and the Obligations of each Guarantor hereunder. To effectuate the
foregoing intention, the Administrative Agent and the Guarantors hereby
irrevocably agree that the Obligations of each Guarantor under this Agreement at
any time shall be limited to the maximum amount as will result in the
Obligations of such Guarantor under this Agreement not constituting a fraudulent
transfer or conveyance.

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(d)    Each Guarantor acknowledges that it will receive direct or indirect
benefits from the financing arrangements contemplated by the Loan Documents and
that the waivers set forth in this Agreement are knowingly made in contemplation
of such benefits.
Section 2.04    Reinstatement. Notwithstanding anything to the contrary
contained in this Agreement, each of the Guarantors agrees that (a) its
guarantee hereunder shall continue to be effective or be reinstated, as the case
may be, if at any time payment, or any part thereof, of any Guaranteed
Obligation is rescinded or must otherwise be restored by the Administrative
Agent or any other Guaranteed Party upon the bankruptcy or reorganization (or
any analogous proceeding in any jurisdiction) of any Borrower or any other
Guarantor or otherwise and (b) the provisions of this Section 2.04 shall survive
the termination of this Agreement.
Section 2.05    Agreement To Pay; Subrogation. In furtherance of the foregoing
and not in limitation of any other right that the Administrative Agent or any
other Guaranteed Party has at law or in equity against any Guarantor by virtue
hereof, upon the failure of any Borrower or any other Guarantor to pay any
Guaranteed Obligation when and as the same shall become due, whether at
maturity, by acceleration, after notice of prepayment or otherwise, each
Guarantor hereby promises to and will forthwith pay, or cause to be paid, to the
Administrative Agent for distribution to the applicable Guaranteed Parties in
cash the amount of such unpaid Guaranteed Obligation. Upon payment by any
Guarantor of any sums to the Administrative Agent as provided above, all rights
of such Guarantor against any Borrower or any other Guarantor arising as a
result thereof by way of right of subrogation, contribution, reimbursement,
indemnity or otherwise shall in all respects be subject to Article III.
Section 2.06    Information. Each Guarantor assumes all responsibility for being
and keeping itself informed of each Borrower’s and each other Guarantor’s
financial condition and assets, and of all other circumstances bearing upon the
risk of nonpayment of the Guaranteed Obligations and the nature, scope and
extent of the risks that such Guarantor assumes and incurs hereunder, and agrees
that none of the Administrative Agent or the other Guaranteed Parties will have
any duty to advise such Guarantor of information known to it or any of them
regarding such circumstances or risks.
Section 2.07    Representations and Warranties. Each Guarantor hereby represents
and warrants that this Agreement (i) has been duly executed and delivered by
each Guarantor that is party hereto and (ii) constitutes a legal, valid and
binding obligation of such Guarantor, enforceable against each Guarantor that is
party hereto in accordance with its terms, subject to the effects of bankruptcy,
insolvency, fraudulent conveyance, reorganization and other similar laws
relating to or affecting creditors’ rights generally and by general principles
of equity (whether considered in a proceeding in equity or law).
ARTICLE III

Indemnity, Subrogation and Subordination.
Upon payment by any Guarantor of any Guaranteed Obligations, all rights of such
Guarantor against any Borrower or any other Guarantor arising as a result
thereof by way of right of subrogation, contribution, reimbursement, indemnity
or otherwise shall in all respects be subordinate and junior in right of payment
to the payments that must be made in order for the Termination Conditions to be
satisfied. If any amount shall be paid to any Borrower or any other Guarantor in
violation of the foregoing restrictions on account of (i) such subrogation,
contribution, reimbursement, indemnity or similar right or (ii) any such
indebtedness of any Borrower or any other Guarantor, such amount shall be held
in trust for the benefit of the Guaranteed Parties and shall forthwith be paid
to the Administrative Agent to be credited against the payment of the Guaranteed
Obligations, whether matured or unmatured, in accordance with the terms of the
Credit Agreement and the other Loan Documents. Subject to the foregoing, to the
extent that any Guarantor shall, under this Agreement or the Credit Agreement as
a joint and several obligor, repay any of the Guaranteed Obligations
constituting Loans or other advances made to another Loan Party under the Credit
Agreement (an “Accommodation Payment”), then the Guarantor making such
Accommodation Payment shall be entitled to contribution and indemnification
from, and be reimbursed by, each of the other Guarantors in an amount equal to a
fraction of such Accommodation Payment, the numerator of which

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fraction is such other Guarantor’s Allocable Amount and the denominator of which
is the sum of the Allocable Amounts of all of the Guarantors; provided that such
rights of contribution and indemnification shall be subordinated to the prior
payment of the payments that must be made in order for the Termination
Conditions to be satisfied. As of any date of determination, the “Allocable
Amount” of each Guarantor shall be equal to the maximum amount of liability for
Accommodation Payments which could be asserted against such Guarantor hereunder
and under the Credit Agreement without (a) rendering such Guarantor “insolvent”
within the meaning of Section 101 (31) of the Bankruptcy Code of the United
States, Section 2 of the Uniform Fraudulent Transfer Act (“UFTA”) or Section 2
of the Uniform Fraudulent Conveyance Act (“UFCA”), (b) leaving such Guarantor
with unreasonably small capital or assets, within the meaning of Section 548 of
the Bankruptcy Code of the United States, Section 4 of the UFTA, or Section 5 of
the UFCA, or (c) leaving such Guarantor unable to pay its debts as they become
due within the meaning of Section 548 of the Bankruptcy Code of the United
States or Section 4 of the UFTA, or Section 5 of the UFCA.
ARTICLE IV

Miscellaneous.
Section 4.01    Notices. All communications and notices hereunder shall (except
as otherwise expressly permitted herein) be in writing and given as provided in
Section 9.01 of the Credit Agreement. All communications and notices hereunder
to a Guarantor shall be given in care of the Borrower Agent.
Section 4.02    Waivers; Amendment. No failure by any Guaranteed Party to
exercise, and no delay by any such Person in exercising, any right, remedy,
power or privilege hereunder or under any other Loan Document shall operate as a
waiver thereof; nor shall any single or partial exercise of any right, remedy,
power or privilege hereunder preclude any other or further exercise thereof or
the exercise of any other right, remedy, power or privilege. The rights,
remedies, powers and privileges herein provided, and provided under each other
Loan Document, are cumulative and not exclusive of any rights, remedies, powers
and privileges provided by Law. No waiver of any provision of any Loan Document
or consent to any departure by any Loan Party therefrom shall in any event be
effective unless the same shall be permitted by paragraph (b) of this
Section 4.02, and then such waiver or consent shall be effective only in the
specific instance and for the purpose for which given. Without limiting the
generality of the foregoing, the making of a Loan shall not be construed as a
waiver of any Default, regardless of whether the Administrative Agent, any other
Agent or any Lender may have had notice or knowledge of such Default at the
time. No notice or demand on any Guaranty Party in any case shall entitle any
Guaranty Party to any other or further notice or demand in similar or other
circumstances.
Neither this Agreement nor any provision hereof may be waived, amended or
modified except pursuant to an agreement or agreements in writing entered into
by the Administrative Agent and the Loan Party or Loan Parties with respect to
which such waiver, amendment or modification is to apply, subject to any consent
required in accordance with Section 9.02 of the Credit Agreement.
Section 4.03    Administrative Agent’s Fees and Expenses; Indemnification.
(a)    Each Guarantor, jointly with the other Guarantors and severally, agrees
to reimburse the Administrative Agent for its fees and expenses incurred
hereunder to the extent provided in Section 9.03 of the Credit Agreement;
provided that each reference therein to each “Borrower” shall be deemed to be a
reference to “each Guarantor.”
(b)    Any such amount payable as provided hereunder shall be additional
Obligations guaranteed hereby. The provisions of this Section 4.03 shall remain
operative and in full force and effect regardless of the termination of this
Agreement or any other Loan Document, the consummation of the transactions
contemplated hereby, the invalidity or unenforceability of any term or provision
of this Agreement or any other Loan Document, or any investigation made by or on
behalf of the Administrative Agent. All amounts due under this Section 4.03
shall be payable within fifteen Business Days of written demand therefor.
Section 4.04    Successors and Assigns. Whenever in this Agreement any of the
parties hereto is referred to, such reference shall be deemed to include the
successors and assigns of such party permitted under the

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Credit Agreement; and all covenants, promises and agreements by or on behalf of
any Guarantor or any Guaranteed Party that are contained in this Agreement shall
bind and inure to the benefit of their respective permitted successors and
assigns. Except in a transaction expressly permitted under the Credit Agreement,
no Guarantor may assign any of its rights or obligations hereunder without the
written consent of the Administrative Agent.
Section 4.05    Survival of Agreement. All covenants, agreements, indemnities,
representations and warranties made by the Guarantors in the Loan Documents and
in the certificates or other instruments delivered in connection with or
pursuant to this Agreement or any other Loan Document shall be considered to
have been relied upon by the Guaranteed Parties and shall survive the execution
and delivery of the Loan Documents and the making of any Loans and issuance of
any Letters of Credit, regardless of any investigation made by any Guaranteed
Party or on its behalf and notwithstanding that any Guaranteed Party may have
had notice or knowledge of any Default or Event of Default or incorrect
representation or warranty at the time any credit is extended under the Credit
Agreement or any other Loan Document, and shall continue in full force and
effect until this Agreement is terminated as provided in Section 4.12 hereof, or
with respect to any individual Guarantor until such Guarantor is otherwise
released from its obligations under this Agreement in accordance with the terms
hereof.
Section 4.06    Counterparts; Effectiveness; Several Agreement. This Agreement
may be executed in counterparts (and by different parties hereto in different
counterparts), each of which shall constitute an original, but all of which when
taken together shall constitute a single contract. This Agreement shall become
effective when it shall have been executed by the Guarantors and the
Administrative Agent and thereafter shall be binding upon and inure to the
benefit of each Guarantor, the Administrative Agent, the other Guaranteed
Parties and their respective permitted successors and assigns, subject to
Section 4.04 hereof. Delivery of an executed counterpart of a signature page of
this Agreement by telecopy or other electronic imaging means (including in.pdf
or .tif format via electronic mail) shall be effective as delivery of a manually
executed counterpart of this Agreement. This Agreement shall be construed as a
separate agreement with respect to each Guarantor and may be amended, restated,
amended and restated, modified, supplemented, waived or released with respect to
any Guarantor without the approval of any other Guarantor and without affecting
the obligations of any other Guarantor hereunder.
Section 4.07    Severability. If any provision of this Agreement is held to be
illegal, invalid or unenforceable, (a) the legality, validity and enforceability
of the remaining provisions of this Agreement shall not be affected or impaired
thereby and (b) the parties shall endeavor in good faith negotiations to replace
the illegal, invalid or unenforceable provisions with valid provisions the
economic effect of which comes as close as possible to that of the illegal,
invalid or unenforceable provisions. The invalidity of a provision in a
particular jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction.
Section 4.08    GOVERNING LAW, ETC.
(a)    THIS AGREEMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
(b)    BY EXECUTING AND DELIVERING THIS AGREEMENT, EACH GUARANTOR IRREVOCABLY
AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE EXCLUSIVE
JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK CITY IN
THE BOROUGH OF MANHATTAN AND OF ANY UNITED STATES DISTRICT COURT OF THE SOUTHERN
DISTRICT OF NEW YORK SITTING IN NEW YORK CITY IN THE BOROUGH OF MANHATTAN, AND
ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF
OR RELATING TO THIS AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY
JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES
THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND
DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A
FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE
ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER
PROVIDED BY LAW. EACH PARTY HERETO AGREES THAT THE ADMINISTRATIVE AGENT AND THE

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OTHER GUARANTEED PARTIES RETAIN THE RIGHT TO SERVE PROCESS IN ANY OTHER MANNER
PERMITTED BY LAW OR TO BRING PROCEEDINGS AGAINST ANY GUARANTOR IN THE COURTS OF
ANY OTHER JURISDICTION IN CONNECTION WITH THE EXERCISE OF ANY RIGHTS UNDER THIS
AGREEMENT OR THE ENFORCEMENT OF ANY JUDGMENT.
(c)    EACH GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER
HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR
RELATING TO THIS AGREEMENT IN ANY COURT REFERRED TO IN PARAGRAPH (b) OF THIS
SECTION 4.08. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM
TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.
Section 4.09    WAIVER OF RIGHT TO TRIAL BY JURY. EACH PARTY HERETO HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT
IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO
(A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE
EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS
AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION 4.09.
Section 4.10    Headings. Article and Section headings and the Table of Contents
used herein are for convenience of reference only, are not part of this
Agreement and are not to affect the construction of, or to be taken into
consideration in interpreting, this Agreement.
Section 4.11    Obligations Absolute. To the extent permitted by Law, all rights
of the Administrative Agent and the other Guaranteed Parties hereunder and all
obligations of each Guarantor hereunder shall be absolute and unconditional
irrespective of (a) any lack of validity or enforceability of the Credit
Agreement, any other Loan Document, any agreement with respect to any of the
Guaranteed Obligations or any other agreement or instrument relating to any of
the foregoing, (b) any change in the time, manner or place of payment of, or in
any other term of, all or any of the Guaranteed Obligations, or any other
amendment or waiver of or any consent to any departure from the Credit
Agreement, any other Loan Document, or any other agreement or instrument,
(c) any release or amendment or waiver of or consent under or departure from any
guarantee guaranteeing all or any of the Guaranteed Obligations or (d) subject
only to termination or release of a Guarantor’s obligations hereunder in
accordance with the terms of Section 4.12, but without prejudice to
reinstatement rights under Section 2.04, any other circumstance that might
otherwise constitute a defense available to, or a discharge of, any Guarantor in
respect of the Guaranteed Obligations or this Agreement.
Section 4.12    Termination or Release. (a)    This Agreement and the Guarantees
made herein shall terminate with respect to all Guaranteed Obligations when the
Termination Conditions have been satisfied.
(b)    A Guarantor shall automatically be released in the circumstances set
forth in Section 5.09 of the Credit Agreement and in paragraph (i) of Article
VIII of the Credit Agreement.
(c)    In connection with any termination or release pursuant to paragraph (a)
or (b) above, the Administrative Agent shall execute and deliver to any
Guarantor, at such Guarantor’s expense, all documents that such Guarantor shall
reasonably request to evidence such termination or release. Any execution and
delivery of documents pursuant to this Section 4.12 shall be without recourse,
representation or warranty of any kind (whether express or implied) by the
Administrative Agent.

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(d)    At any time that the respective Guarantor desires that the Administrative
Agent take any of the actions described in immediately preceding paragraph (c),
it shall deliver to the Administrative Agent an officer’s certificate certifying
that the release of the respective Guarantor is permitted pursuant to
paragraph (a) or (b) above. The Administrative Agent shall have no liability
whatsoever to any Guaranteed Party as a result of any release of any Guarantor
by it as permitted (or which the Administrative Agent in good faith believes to
be permitted) by this Section 4.12.
Section 4.13    Additional Restricted Subsidiaries. To the extent required by
Section5.09 of the Credit Agreement, a Restricted Subsidiary shall be a
Guarantor hereunder with the same force and effect as if originally named as a
Guarantor herein, and such Restricted Subsidiary shall execute and deliver to
the Administrative Agent a Guaranty Supplement. Upon execution and delivery by
the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement,
such Restricted Subsidiary shall become a Guarantor hereunder with the same
force and effect as if originally named as a Guarantor herein. The execution and
delivery of any such instrument shall not require the consent of any other
Guarantor hereunder. The rights and obligations of each Guarantor hereunder
shall remain in full force and effect notwithstanding the addition of any new
Guarantor as a party to this Agreement.
Section 4.14    Recourse; Limited Obligations. This Agreement is made with full
recourse to each Guarantor and pursuant to and upon all the warranties,
representations, covenants and agreements on the part of such Guarantor
contained herein, in the Credit Agreement and the other Loan Documents and
otherwise in writing in connection herewith or therewith. It is the desire and
intent of each Guarantor and each applicable Guaranteed Party that this
Agreement shall be enforced against each Guarantor to the fullest extent
permissible under applicable Law applied in each jurisdiction in which
enforcement is sought.
Section 4.15    Right of Set-Off. In addition to any rights and remedies of the
Lenders provided by Law, upon the occurrence and during the continuance of any
Event of Default, each Lender is authorized at any time and from time to time,
without prior notice to any Guarantor, any such notice being waived by each
Guarantor to the fullest extent permitted by applicable Law, to set-off and
apply any and all deposits (general or special, time or demand, provisions or
final) at any time held by, and other Indebtedness at any time owing by such
Lender to or for the credit or the account of the respective Guarantor against
any and all obligations owing to such Lender hereunder, now or hereafter
existing, irrespective of whether or not such Lender shall have made demand
under this Agreement and although such obligations may be contingent or
unmatured or denominated in a currency different from that of the applicable
deposit or Indebtedness. Each Lender agrees promptly to notify the relevant
Guarantor and the Administrative Agent after any such set-off and application
made by such Lender; provided that the failure to give such notice shall not
affect the validity of such setoff and application. The rights of each Lender
under this Section 4.15 are in addition to other rights and remedies (including
other rights of setoff) that the Administrative Agent and such Lender may have.

[Signature Pages Follow]

8

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by their respective authorized officers as of the day and year first
above written.
 
 
GUARANTORS
 
 
 
 
 
DELPHI AUTOMOTIVE PLC, as Parent
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
DELPHI CORPORATION, as U.S. Parent Borrower
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
DELPHI AUTOMOTIVE LLP, as a Guarantor
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
DELPHI AUTOMOTIVE HOLDINGS US LIMITED,
 
 
as a Guarantor
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

[SIGNATURE PAGE TO GUARANTY]

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ACCEPTED AND AGREED:
 
 
ADMINISTRATIVE AGENT:
 
 
 
 
 
JPMORGAN CHASE BANK, N.A.,
 
 
as Administrative Agent
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

[SIGNATURE PAGE TO GUARANTY]

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SCHEDULE I TO GUARANTY
INITIAL GUARANTORS

Initial Guarantors
Jurisdiction of Organization
[Delphi Automotive LLP]
United Kingdom
[Delphi Automotive Holdings US Limited]
Jersey

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EXHIBIT I TO GUARANTY
FORM OF GUARANTY SUPPLEMENT
SUPPLEMENT NO.      dated as of                  , 20    , to the Guaranty dated
as of August 17, 2016, among Delphi Automotive PLC, Delphi Corporation, the
other Guarantors party thereto from time to time and JPMorgan Chase Bank, N.A.,
as Administrative Agent on behalf of the Guaranteed Parties (together, with its
successors and assigns, the “Administrative Agent”) (as amended, restated,
modified or supplemented from time to time, the “Guaranty”).
A.    Reference is made to the Credit Agreement, dated as of August 17, 2016 (as
amended, restated, amended and restated, modified or supplemented from time to
time, the “Credit Agreement”), by, among others, Delphi Automotive PLC (the
“Parent”), Delphi Corporation (the “U.S. Parent Borrower”), the Lenders party
thereto, JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders,
each Lender and Issuing Bank from time to time party thereto and the other
agents and arrangers party thereto.
B.    Capitalized terms used herein and not otherwise defined herein shall have
the meanings assigned to such terms in the Credit Agreement and the Guaranty, as
applicable.
C.    The Guarantors have entered into the Guaranty in order to induce the
Lenders and Issuing Banks to extend such credit. Section 4.13 of the Guaranty
provides that additional Restricted Subsidiaries may become Guarantors under the
Guaranty by execution and delivery of an instrument in the form of this Guaranty
Supplement. The undersigned Restricted Subsidiary (the “New Guarantor”) is
executing this Guaranty Supplement in accordance with the requirements of the
Credit Agreement to become a Guarantor under the Guaranty as consideration for
Loans and Letters of Credit previously made.
Accordingly, the Administrative Agent and the New Guarantor agree as follows:
Section 1. In accordance with Section 4.13 of the Guaranty, the New Guarantor by
its signature below becomes a Guarantor under the Guaranty with the same force
and effect as if originally named therein as a Guarantor and the New Guarantor
hereby agrees to all the terms and provisions of the Guaranty applicable to it
as a Guarantor thereunder. Each reference to a “Guarantor” in the Guaranty shall
be deemed to include the New Guarantor as if originally named therein as a
Guarantor. The Guaranty is hereby incorporated herein by reference.
Section 2. The New Guarantor represents and warrants to the Administrative Agent
and the other Guaranteed Parties that this Guaranty Supplement has been duly
authorized, executed and delivered by it and constitutes its legal, valid and
binding obligation, enforceable against it in accordance with its terms, except
as such enforceability may be limited by Debtor Relief Laws and by general
principles of equity and principles of good faith and fair dealing.
Section 3. This Guaranty Supplement may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract. This Guaranty Supplement shall become effective when the
Administrative Agent shall have received a counterpart of this Guaranty
Supplement that bears the signature of the New Guarantor and the Administrative
Agent has executed a counterpart hereof. Delivery of an executed counterpart of
a signature page of this Guaranty Supplement by telecopy or other electronic
imaging means (including in .pdf or .tif format via electronic mail) shall be
effective as delivery of a manually executed counterpart of this Guaranty
Supplement.
Section 4. Except as expressly supplemented hereby, the Guaranty shall remain in
full force and effect, subject to the termination of the Guaranty pursuant to
Section 4.12 thereof.

I-1

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Section 5.
(a)    THIS GUARANTY SUPPLEMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
(b)    BY EXECUTING AND DELIVERING THIS GUARANTY SUPPLEMENT, THE NEW GUARANTOR
IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW
YORK CITY IN THE BOROUGH OF MANHATTAN AND OF ANY UNITED STATES DISTRICT COURT OF
THE SOUTHERN DISTRICT OF NEW YORK SITTING IN NEW YORK CITY IN THE BOROUGH OF
MANHATTAN, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS GUARANTY SUPPLEMENT, OR FOR RECOGNITION OR
ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR
PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE
PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE
JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. EACH PARTY HERETO AGREES THAT
THE ADMINISTRATIVE AGENT AND THE OTHER GUARANTEED PARTIES RETAIN THE RIGHT TO
SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO BRING PROCEEDINGS
AGAINST THE NEW GUARANTOR IN THE COURTS OF ANY OTHER JURISDICTION IN CONNECTION
WITH THE EXERCISE OF ANY RIGHTS UNDER THIS GUARANTY SUPPLEMENT OR THE
ENFORCEMENT OF ANY JUDGMENT.
(c)    THE NEW GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER
HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR
RELATING TO THIS GUARANTY SUPPLEMENT IN ANY COURT REFERRED TO IN PARAGRAPH
(b) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT
FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.
(d)    EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY
LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
GUARANTY SUPPLEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON
CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER
PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS GUARANTY SUPPLEMENT BY,
AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.
Section 6. If any provision of this Guaranty Supplement is held to be illegal,
invalid or unenforceable, (a) the legality, validity and enforceability of the
remaining provisions of this Guaranty Supplement shall not be affected or
impaired thereby and (b) the parties shall endeavor in good faith negotiations
to replace the illegal, invalid or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of
the illegal, invalid or unenforceable provisions. The invalidity of a provision
in a particular jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction.
Section 7. All communications and notices hereunder shall be in writing and
given as provided in Section 4.01 of the Guaranty.

I-2

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Section 8. The New Guarantor agrees to reimburse the Administrative Agent for
its reasonable out-of-pocket expenses in connection with this Guaranty
Supplement, as provided in Section 4.03of the Guaranty.
Section 9. For purposes of New York General Obligations Law §5-1105, the parties
hereto agree that the promise by the New Guarantor contained herein is a
Guaranty (as defined in the Credit Agreement) and that (i) the consideration for
this Guaranty, which is hereby expressed in writing, is the making of the Loans
to the applicable Borrowers on the Restatement Effective Date and from time to
time thereafter, the making of Commitments with respect to the Loans on the
Restatement Effective Date and from time to time thereafter and the other
extensions of credit that constitute Obligations under the Credit Agreement from
time to time outstanding, and (ii) such Loans, Commitments and other extensions
of credit have been given and/or performed and would be valid consideration for
this Guaranty Supplement but for the time that they were given (i.e., would have
been valid consideration for this Guaranty if the New Guarantor had entered into
this Guaranty contemporaneously with the initial making of the Loans,
Commitments and other extensions of credit on the Restatement Effective Date).

I-3

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IN WITNESS WHEREOF, the New Guarantor has duly executed this Guaranty Supplement
as of the day and year first above written.
 
 
[NAME OF NEW GUARANTOR]
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
 
 
 
JPMORGAN CHASE BANK, N.A.,
 
 
as Administrative Agent
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

I-4

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EXHIBIT G
FORM OF DISCOUNTED PREPAYMENT OPTION NOTICE             
Date:

JPMorgan Chase Bank, N.A.
As Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Telecopy No. 302-634-4250
Email: dan.p.lougheed@jpmorgan.com
Ladies and Gentlemen:
This Discounted Prepayment Option Notice is delivered to you pursuant to Section
2.10(c)(ii) of that certain Amended and Restated Credit Agreement, dated as of
August 17, 2016 (as amended, restated, extended, supplemented or otherwise
modified from time to time, the “Agreement”, the terms defined therein being
used herein as therein defined), among Delphi Corporation (the “U.S. Parent
Borrower”), Delphi Automotive PLC (the “Parent”), the Subsidiary Borrowers from
time to time party thereto, the Lenders from time to time party thereto, the
Issuing Banks from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent.
The U.S. Parent Borrower hereby notifies you that, effective as of
[            , 20    ], pursuant to Section 2.10(c)(ii) of the Agreement, the
U.S. Parent Borrower hereby notifies each Lender that it is seeking:
1.
to prepay Loans at a discount in an aggregate principal amount of
[$                 ]14 (the “Proposed Discounted Prepayment Amount”);

2.
a percentage discount to the par value of the principal amount of Loans greater
than or equal to               % of par value but less than or equal to
[        ]% of par value (the “Discount Range”).

3.
a Lender Participation Notice on or before [                 , 20    ], as
determined pursuant to Section 2.10(c)(iii) of the Agreement (as such date may
be extended pursuant to Section 2.10(c)(ii) of the Agreement, the “Acceptance
Date”), and

The source of the proceeds to be used to make such Discounted Voluntary
Prepayment is not from the proceeds of any Revolving Loan or Swingline Loan.

The U.S. Parent Borrower expressly agrees that this Discounted Prepayment Option
Notice is subject to the provisions of Section 2.10(c) of the Agreement.
The U.S. Parent Borrower hereby represents and warrants to the Administrative
Agent on behalf of the Administrative Agent and the Lenders as follows:

____________________
14 Insert amount that is minimum of $50 million.

G-1

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

1.
Parent and its Subsidiaries are in compliance on a Pro Forma Basis with the
covenants contained in Section 6.08 of the Credit Agreement as of the last day
of the most recent fiscal quarter of Parent for which financial statements have
been delivered pursuant to Section 5.01(a) or (b).

2.
No Event of Default has occurred and is continuing.

3.
As of the date hereof, the U.S. Parent Borrower has no material non-public
information with respect to Parent, the U.S. Parent Borrower or any of their
respective Subsidiaries or the Term Loans that has not been disclosed to the
Administrative Agent for the benefit of the Lenders (other than those Lenders
who have requested not to receive such material non-public information) that
would reasonably be expected to be material to a Lender’s decision to
participate in a Discount Voluntary Prepayment.

The U.S. Parent Borrower respectfully requests that Administrative Agent
promptly notify each of the Lenders party to the Agreement of this Discounted
Prepayment Option Notice.

G-2

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

IN WITNESS WHEREOF, the undersigned has executed this Discounted Prepayment
Option Notice as of the date first above written.
 
 
DELPHI CORPORATION
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

G-3

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EXHIBIT H

FORM OF LENDER PARTICIPATION NOTICE       
Date:

JPMorgan Chase Bank, N.A.
As Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Telecopy No. 302-634-4250
Email: dan.p.lougheed@jpmorgan.com
Ladies and Gentlemen:
Reference is made to (a) that certain Amended and Restated Credit Agreement,
dated as of August 17, 2016 (as amended, restated, extended, supplemented or
otherwise modified from time to time, the “Agreement”, the terms defined therein
being used herein as therein defined), among Delphi Corporation (the “U.S.
Parent Borrower”), Delphi Automotive PLC (the “Parent”), the Subsidiary
Borrowers from time to time party thereto, the Lenders from time to time party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as Administrative Agent, and (b) that certain Discounted Prepayment
Option Notice, dated                 , 20  , from Borrower (the “Discounted
Prepayment Option Notice”). Capitalized terms used herein and not defined herein
or in the Agreement shall have the meaning ascribed to such terms in the
Discounted Prepayment Option Notice.
The undersigned Lender hereby gives you notice, pursuant to Section 2.10(c)(ii)
of the Agreement, that it is willing to accept a Discounted Voluntary Prepayment
on Loans held by such Lender:
1.
in a maximum aggregate principal amount of
$                   of Tranche A Term Loans (the “Offered Loans”), and

2.
at a percentage discount to par value of the principal amount of Offered Loans
equal to [          ]% of par value (the “Acceptable Discount”).

H-1

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The undersigned Lender acknowledges that the submission of this Lender
Participation Notice, to be held in escrow by the Administrative Agent,
irrevocably obligates the Lender to sell the entirety or its ratable portion of
the Offered Loans in accordance with Section 2.10(c) of the Agreement. The
undersigned Lender expressly agrees that this offer is subject to the provisions
of Section 2.10(c) of the Agreement. Furthermore, conditioned upon the
Applicable Discount determined pursuant to Section 2.10(c)(ii) of the Agreement
being a percentage of par value less than or equal to the Acceptable Discount,
the undersigned Lender hereby expressly consents and agrees to a prepayment of
its Loans pursuant to Section 2.10(c) of the Agreement in an aggregate principal
amount equal to the Offered Loans, as such principal amount may be reduced if
the aggregate proceeds required to prepay Qualifying Loans (disregarding any
interest payable in connection with such Qualifying Loans) would exceed the
Proposed Discounted Prepayment Amount for the relevant Discounted Voluntary
Prepayment, and acknowledges and agrees that such prepayment of its Loans will
be allocated at par value, but the actual payment made to such Lender will be
reduced in accordance with the Applicable Discount.

H-2

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

IN WITNESS WHEREOF, the undersigned has executed this Lender Participation
Notice as of the date first above written.
 
 
[NAME OF LENDER]
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:

H-3

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EXHIBIT I
FORM OF DISCOUNTED VOLUNTARY PREPAYMENT NOTICE
Date: ___________, 20__
JPMorgan Chase Bank, N.A.
As Administrative Agent for the Lenders referred to below,
Loan and Agency Services Group
500 Stanton Christiana Road, Ops 2
Newark, DE 19713-2107
Attention: Dan Lougheed
Ladies and Gentlemen:
Reference is made to (a) that certain Amended and Restated Credit Agreement,
dated as of August 17, 2016 (as amended, restated, extended, supplemented or
otherwise modified from time to time, the “Credit Agreement”, the terms defined
therein being used herein as therein defined), among Delphi Corporation (the
“U.S. Parent Borrower”), Delphi Automotive PLC (the “Parent”), the Subsidiary
Borrowers from time to time party thereto, the Lenders from time to time party
thereto, the Issuing Banks from time to time party thereto and JPMorgan Chase
Bank, N.A., as administrative agent (in such capacity, the “Administrative
Agent”), and (b) each Lender Participation Notice submitted by a Lender to the
Administrative Agent by the Acceptance Date in response to the Discounted
Prepayment Option Notice, dated [ ], 20[ ]15 (collectively, the “Lender
Participation Notices”). Capitalized terms used herein and not defined herein
shall have the meaning ascribed to such terms in the Credit Agreement.
The U.S. Parent Borrower hereby irrevocably notifies you pursuant to Section
2.10(c)(v) of the Credit Agreement that (a) the U.S. Parent Borrower selects an
Applicable Discount equal to _______% of par for an Offered Voluntary
Prepayment, (b) the U.S. Parent Borrower accepts all Lender Participation
Notices specifying an Acceptable Discount therein that is less than or equal to
the Applicable Discount, which may be subject to proration pursuant to Section
2.10(c)(iv) of the Credit Agreement, and (c) that pursuant to Section 2.10(c)(v)
of the Credit Agreement, the U.S. Parent Borrower shall make a Discounted
Prepayment Option Notice Voluntary Prepayment in an amount of $              on
or before [___________, 20__],15 (the “Offered Prepayment Effective Date”) as
more fully described below.
The U.S. Parent Borrower expressly agrees that this acceptance of Qualifying
Loans and notice of prepayment shall be irrevocable and is subject to the
provisions of Sections 2.10(c) of the Credit Agreement. The U.S. Parent Borrower
expressly and irrevocably agrees to make a payment to the Administrative Agent,
for the benefit of the Lenders whose Loans have been accepted in this offer, on
the Offered Prepayment Effective Date consisting of (a) the prepayment of
Qualifying Loans, payable at the Acceptable Discount, to such Lenders in an
aggregate principal amount of outstanding Loans of the applicable Class equal to
the Proposed Discounted Prepayment Amount subject to proration pursuant to
Section 2.10(d) of the Credit Agreement, plus (b) all accrued but unpaid
interest and fees with respect thereto and any amounts due in accordance Section
2.15(a) of the Credit Agreement (to the extent such amounts are due in
accordance with such Section 2.15(a)).
The U.S. Parent Borrower acknowledges that the Administrative Agent and Lenders
are relying on the truth and accuracy of the foregoing in connection with the
participating Lenders’ acceptance of the Discount Voluntary Prepayment made as a
result of this Discount Voluntary Prepayment Notice.
The U.S. Parent Borrower respectfully requests that Administrative Agent notify
each of the Lenders of holding Loans of the applicable Class of this Discounted
Voluntary Prepayment Notice.
15 Insert date that is no earlier than two Business Days after date of this
notice.

I-1

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IN WITNESS WHEREOF, the undersigned has executed this Discounted Voluntary
Prepayment Notice as of the date first above written.
 
 
DELPHI CORPORATION
 
 
 
 
 
 
 
 
By: ____________________________________
 
 
Name:
 
 
Title:
 
 
 

I-2