Exhibit 10.2

SALE SUPPORT AGREEMENT

 

 

This SALE SUPPORT AGREEMENT (as amended or modified from time to time in
accordance with the terms hereof, this “Sale Support Agreement”), dated as of
June 16, 2013, is entered into by and among Orchard, Lowe’s, the Term
Administrative Agent, and the Term Lenders (each as defined below):

RECITALS

WHEREAS, Orchard Supply Hardware Stores Corporation, Orchard Supply Hardware LLC
and OSH Properties LLC (collective, the “Debtors” or “Orchard”) intend to file
voluntary petitions for relief under Chapter 11 of the Bankruptcy Code with the
United States Bankruptcy Court for the District of Delaware (the “Bankruptcy
Court”), and the Debtors intend to request that the Debtors’ respective chapter
11 cases be jointly administered for procedural purposes under a single case
number (the “Bankruptcy Case”);

WHEREAS, under section 363 of the Bankruptcy Code, the Debtors will seek to have
Orchard Supply Company, LLC and/or certain of its affiliates, as affiliates of
Lowe’s Companies, Inc. (collectively, “Lowe’s”) approved as the stalking horse
purchaser for substantially all of the assets of the Debtors pursuant to the
bidding procedures (the “Bidding Procedures”) to be approved by the Bankruptcy
Court; and

WHEREAS, to provide certainty for Lowe’s in submitting its bid (the “Lowe’s
Bid”) pursuant to an Asset Purchase Agreement (the “APA”) to serve as the
stalking horse purchaser, Lowe’s has requested that the administrative agent
(the “Term Administrative Agent”) and the lenders constituting Required Term
Lenders (the “Term Lenders”) under the Amended and Restated Senior Secured Term
Loan Agreement dated as of December 22, 2011 (the “Term Loan Credit Agreement”),
support the Lowe’s Bid by, among other things, agreeing to refrain from
exercising the credit bidding rights of the Term Administrative Agent or the
Term Lenders under Section 363(k) of the Bankruptcy Code provided that certain
conditions are satisfied, including the terms and conditions of this Sale
Support Agreement. As of June 14, 2013, the Debtors were obligated under the
Term Loan Credit Agreement for any outstanding principal amount of
$128,994,514.48, which amount is secured by substantially all assets of the
Debtors as set forth in the Term Loan Credit Agreement and the accompanying
security agreements and ancillary agreements thereto.

WHEREAS, the Parties (as defined below), have agreed to support a sale under the
Lowe’s APA subject to the terms and conditions of this Sale Support Agreement.

 

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NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Debtors, the Term Administrative Agent, the
Term Lenders, and Lowe’s (each, a “Party” and, collectively, the “Parties”)
hereby agree as follows:

 

1. APA; Related Obligations of Orchard. Upon the mutual execution and delivery
of the APA by the Debtors and Lowe’s on or before June 16, 2013, which APA shall
provide for a cash purchase price of $205 million (subject to adjustment as
provided in Article II thereof), the Term Administrative Agent and the Term
Lenders agree that they shall support the approval of the Lowe’s Bid and
accompanying Bidding Procedures by the Bankruptcy Court, subject to the terms
and conditions of this Sale Support Agreement. The APA shall not be amended, and
default or breaches thereunder shall not be waived, without the consent of the
Term Administrative Agent; in each case, such consent shall not be unreasonably
withheld. The Debtors shall provide the Term Administrative Agent and the Term
Lenders with copies of all notices sent by or to the Debtors pursuant to the APA
within one (1) business day of the sending or receipt of any such notice by the
Debtors. For the avoidance of doubt, the Term Administrative Agent and the Term
Lenders shall receive all notices pertaining to any purchase price or working
capital adjustment under Article II of the APA and notices required under
Section 8.7 of the APA, or any modification to or update of any of the schedules
attached to or required to be furnished to the APA. In each case, the APA, the
Bidding Procedures, the form of order approving the Bidding Procedures, and the
form of order approving the APA shall be in form and substance reasonably
satisfactory to the Term Administrative Agent and the Term Lenders. The Debtors
shall use commercially reasonable efforts to support and consummate the
transactions contemplated by the APA.

 

2. KEIP. The Term Administrative Agent and the Term Lenders shall support the
Debtors’ Motion to Approve a Key Employee Incentive Plan (the “KEIP Motion”)
subject to an aggregate maximum amount of $3,640,000, provided that Lowe’s
agrees to assume fifty percent (50%) of the payments approved by the Bankruptcy
Court pursuant to the KEIP Motion in the event that Lowe’s is the successful
bidder for the Debtors’ assets pursuant to the Bidding Procedures, subject to a
maximum payment by Lowe’s of $1,600,000. In the event that an alternative bidder
is selected, the Debtors agree that such transaction will include (and will
cause such transaction to include) the assumption by such alternative bidder of
no less than fifty percent (50%) of the payments approved by the Bankruptcy
Court pursuant to the KEIP Motion (it being acknowledged and agreed that the
obligations of this sentence shall survive termination of the Sale Support
Agreement).

 

3.

Credit Bidding. Upon the submission of the executed and accepted APA, neither
the Term Administrative Agent nor the Term Lenders shall submit a credit bid
under section 363(k) of the Bankruptcy Code, provided, however, in the event
that Lowe’s defaults, withdraws its bid for any reason (other than as a result
of being outbid at an auction; subject, however, to the second proviso clause
below in this paragraph), or is otherwise in breach of the APA, then the Term
Administrative Agent and the Term Lenders shall be entitled to all rights under
section 363(k) of the Bankruptcy Code; provided, further, in the event that the
Debtors select an alternative bid (i.e., other than the Lowe’s Bid), and the
Term

 

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  Administrative Agent determines (in its reasonable discretion) that such
alternative bid provides the Term Lenders with a recovery or a distribution less
than it believes the Term Lenders would receive pursuant to the Lowe’s Bid, then
the Term Administrative Agent and the Term Lenders shall be entitled to all
rights under section 363(k) of the Bankruptcy Code.

 

4. Termination Events. This Sale Support Agreement shall terminate if
(i) Orchard does not commence the Bankruptcy Case by June 17, 2013; (ii) the APA
is not executed and accepted by Orchard by June 17, 2013; (iii) the Bankruptcy
Court has not entered an order approving the transactions contemplated by the
APA on or prior to September 3, 2013; (iv) the transactions contemplated by the
APA are not consummated on or prior to September 30, 2013; (v) the Debtors
default under any order or agreement authorizing the use of cash collateral or
incurrence of post-petition financing (including the DIP Financing, as defined
below), which default has not been cured or remains outstanding for more than
three (3) business days, or the use of cash collateral or post-petition
financing (including the DIP Financing) otherwise terminates; (vi) the Debtors
default under any obligation to the Term Administrative Agent or the Term
Lenders under this Sale Support Agreement (including, but not limited to, the
obligations under paragraphs 1, 5, and 6 hereof); (vii) the Debtors seek to
consummate an alternative transaction with a bidder other than Lowe’s, and the
Term Administrative Agent determines (in its reasonable discretion) that such
alternative bid provides the Term Lenders with a recovery or a distribution less
than it believes the Term Lenders would receive pursuant to the Lowe’s Bid;
(viii) the Bankruptcy Court enters an order, or the Debtors file a motion that
seeks entry of an order, (a) dismissing the Debtors’ chapter 11 cases,
(b) converting any of the Debtors’ chapter 11 cases to chapter 7 cases,
(c) terminating the Debtors’ exclusive periods under section 1121 of the
Bankruptcy Code, or (d) appointing a trustee or an examiner with the expanded
powers to operate the Debtors’ business in any of the chapter 11 cases; or
(ix) (a) the Debtors deviate materially from the budget (the “DIP Budget”)
affixed and used in the DIP Financing (which material deviation shall be
determined by the Term Administrative Agent in its reasonable discretion), or
(b) the Debtors seek, or the Bankruptcy Court approves, an additional or
separate budget that is not the DIP Budget without the written consent of the
Term Administrative Agent. Each termination event referred to in this paragraph
may be waived or extended in writing by the Term Lenders party hereto in their
sole discretion.

 

5. Assumption of Sale Support Agreement. On the Petition Date, or as soon
thereafter as is practicable (but in no event later than three (3) calendar days
after the Petition Date), the Debtors shall file a motion to approve the Bidding
Procedures. As part of such Motion, Debtors shall seek consideration of an order
assuming this Sale Support Agreement at the hearing to consider approval of the
Bidding Procedures. In each case, the motion and proposed order approving the
Bidding Procedures (including the assumption of this Sale Support Agreement)
shall be in form and substance reasonably satisfactory to the Term
Administrative Agent and the Term Lenders.

 

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6. DIP Loan. The Debtors shall use commercial best efforts to obtain approval by
the Bankruptcy Court of the debtor-in-possession financing facility (the “DIP
Financing”) to be provided by the Term Lenders (or a group thereof) and Term
Administrative Agent pursuant to interim and final DIP Financing orders which,
among other things, shall provide such Term Lenders with a security interest in
the Debtors’ owned and leased real property, adequate protection payments and
other protections customarily contained in such orders. The terms of the DIP
Financing and the interim and final DIP Financing orders shall be on terms
reasonably satisfactory to the Term Lenders.

 

7. Store Closing Sales. On the Petition Date or as soon thereafter as
practicable, the Debtors shall file the Emergency Motion of Debtors and Debtors
in Possession for Orders Approving Auction Procedures, Agency Agreement, Store
Closing Sales and Related Relief (the “Store Closing Motion”), pursuant to which
they will commence Store Closing Sales (as defined in the Store Closing Motion)
at 8 store locations immediately upon the Bankruptcy Court’s entry of a final
order approving the Store Closing Motion. The Debtors agree that they shall
designate at least three additional store locations pursuant to the Put Option
(as defined in the Store Closing Motion) no later than July 11, 2013.

 

8. Representations and Warranties of the Term Lenders. Each Term Lender
identified on the signature pages hereto represents and warrants, severally and
not jointly, to the Debtors and Lowe’s as follows:

 

  a. Such Term Lender (i) either (A) is the sole beneficial owner of the
principal amount under the Term Loan Credit Agreement set forth below its
signature hereto (each, a “Claim”), or (B) has sole investment or voting
discretion with respect to such Claim and has the power and authority to bind
the beneficial owner(s) of such Claim to the terms of this Sale Support
Agreement and (ii) has full power and authority to act on behalf of, vote and
consent to matters concerning such Claim and to dispose of, exchange, assign and
transfer such Claim.

 

  b. Such Term Lender has made no prior assignment, sale, participation, grant,
conveyance, or other transfer of, and has not entered into any other agreement
to assign, sell, participate, grant, convey or otherwise transfer, in whole or
in part, any portion of its right, title, or interests in any Claims that are
subject to this Sale Support Agreement that are inconsistent with the
representations and warranties of such Term Lender herein or would render such
Term Lender otherwise unable to comply with this Sale Support Agreement and
perform its obligations hereunder.

 

  c. Such Term Lender (i) has such knowledge and experience in financial and
business matters of this type that it is capable of evaluating the merits and
risks of entering into this Sale Support Agreement and of making an informed
investment decision, and has conducted an independent review and analysis of the
business and affairs of the Debtors that it considers sufficient and reasonable
for purposes of entering into this Agreement and (ii) is an “accredited
investor” (as defined by Rule 501 of the Securities Act of 1933, as amended).

 

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9. Representation and Warranty of Each Party. Each Term Lender, severally and
not jointly, each Debtor, jointly and severally, and Lowe’s represents and
warrants to each of the other Parties that this Sale Support Agreement is the
legally valid and binding obligation of it, enforceable in accordance with its
terms, except as enforcement may be limited by bankruptcy, insolvency,
reorganization or other similar laws limiting creditors’ rights generally or by
equitable principles relating to enforceability. For the avoidance of doubt,
nothing in this paragraph or the Sale Support Agreement shall relieve the
Debtors of their obligations to assume this Sale Support Agreement pursuant to
paragraph 5 hereof.

 

10. Transfer of Claims. Each Term Lender agrees that so long as this Sale
Support Agreement has not been terminated in accordance with its terms it shall
not directly or indirectly (a) grant any proxies to any person in connection
with its Claims, or (b) sell, pledge, hypothecate or otherwise transfer or
dispose of, or grant, issue or sell any option, right to acquire, voting,
participation or other interest in (“Transfer”) any Claims, except in accordance
with the terms of the Term Loan Credit Agreement (including to affiliates of a
Term Lender) and to a party that agrees in writing to be subject to the terms
and conditions of this Sale Support Agreement as a “Term Lender”, which writing
shall be in form and substance reasonably satisfactory to the Debtors and
Lowe’s. Each Term Lender agrees to notify the Debtors and Lowe’s in writing
before the close of two (2) business days after such Transfer of its Claims and
to provide the Debtors and Lowe’s with a signed agreement of the transferee
agreeing to be subject to the terms and conditions of this Sale Support
Agreement before the close of two (2) business days after such Transfer. Any
Transfer of any Claim that does not comply with the foregoing shall be deemed
void ab initio. This Sale Support Agreement shall in no way be construed to
preclude any Party from acquiring additional Claims or any other interests in
any Debtors; provided, however, that any such additional Claims or other
interests in such Debtor shall, upon acquisition, automatically be deemed to be
subject to all the terms of this Sale Support Agreement. Upon consummation of
any authorized Transfer, the Term Lender effecting such Transfer shall, with
respect any partial or whole transfer, be released of its obligations under this
Sale Support Agreement (including under paragraphs 2 and 3 hereof).

 

11. Successors and Assigns. Except as otherwise provided in this Sale Support
Agreement (including paragraph 9 hereof), no Party hereto shall assign this Sale
Support Agreement or any rights or obligations hereunder without the prior
written consent of the other Parties hereto (which consent shall not be
unreasonably withheld), and any such attempted assignment without such prior
written consent shall be void and of no force and effect. This Sale Support
Agreement shall inure to the benefit of and shall be binding upon the successors
and permitted assigns of the Parties hereto.

 

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12. Governing Law; Jurisdiction. This Sale Support Agreement shall be construed,
performed and enforced in accordance with, and governed by, the laws of the
State of New York (without giving effect to the principles of conflicts of laws
thereof). Any legal action or proceeding with respect to this Sale Support
Agreement may be brought in the state courts located in Manhattan, New York, the
United States District Court for the Southern District of New York, or (if the
Bankruptcy Case is commenced) the United States Bankruptcy Court for the
District of Delaware. By execution and delivery of this Sale Support Agreement,
each of the Parties consents to the exclusive jurisdiction of those courts. Each
of the Parties irrevocably waives any objection, including any objection to the
laying of venue or based on the grounds of forum non conveniens, which it may
now or hereafter have to the bringing of any action or proceeding in such
jurisdiction in respect of this Sale Support Agreement.

 

13. Prior Negotiations. This Sale Support Agreement supersedes all prior
negotiations and documents reflecting such prior negotiations between and among
the Parties (and their respective advisors) with respect to the subject matter
hereof.

 

14. Mutual Drafting. This Sale Support Agreement is the result of the joint
efforts of the Parties, and each provision hereof has been subject to the mutual
consultation, negotiation and agreement of the Parties and there is to be no
construction against any Party based on any presumption of that Party’s
involvement in the drafting thereof.

 

15. Amendments; Waivers. This Sale Support Agreement may be amended or modified,
only by a written instrument executed by the Parties hereto, or in the case of a
waiver, by the Party waiving compliance. Any waiver by any Party of any
condition, or of the breach of any provision, term or covenant contained in this
Sale Support Agreement, in any one or more instances, shall not be deemed to be
nor construed as a further or continuing waiver of any such condition, or of the
breach of any other provision, term or covenant of this Sale Support Agreement.

 

16. Headings. The article and section headings in this Sale Support Agreement
are for reference purposes only and shall not affect the meaning or
interpretation of this Sale Support Agreement.

 

17. Time of Essence. Time is of the essence with respect to the performance by
the Parties of their respective obligations under this Sale Support Agreement.

 

18. Several Obligations of Term Lenders and Term Administrative Agent. The
agreements, representations, and obligations of each Term Lender and the Term
Administrative Agent are several and not joint in all respects. Any breach of
this Sale Support Agreement by a Term Lender or Term Administrative Agent shall
not result in liability for a non-breaching Party.

 

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19. Counterparts. This Sale Support Agreement may be executed in counterparts,
each of which shall be deemed an original, but all of which shall constitute the
same agreement. The delivery of an executed counterpart of this Sale Support
Agreement by facsimile or pdf shall be deemed to be valid delivery thereof. It
shall be sufficient in making proof of this Sale Support Agreement to produce or
account for a facsimile or pdf copy of an executed counterpart of this Sale
Support Agreement.

 

20. Notice. All notices, requests, and other communications hereunder must be in
writing and will be deemed to have been duly given only if delivered personally,
by first class mail, by facsimile, or by email to the Parties at the following
addresses, email addresses, or facsimile numbers:

If to the Term Administrative Agent:

Gleacher Products Corp.

1290 Avenue of the Americas

Email: joanna.anderson@gleacher.com

Attn: Joanna Anderson

With a copy to (which shall not constitute notice):

Dechert LLP

1095 Avenue of the Americas

New York, New York 10036

Fax: (212) 698-3599

Email: michael.sage@dechert.com

Attn: Michael J. Sage

If to the Term Lenders, to the name of the Term Lender care of Dechert LLP at
the address listed above.

If to Orchard:

Orchard Supply Hardware

Address: 6450 Via Del Oro

San Jose, CA 95119

Fax no.: (408) 365-2799

E-mail: michael.fox@osh.com

Attention: Michael Fox

Senior Vice President, General Counsel and Secretary

 

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With a copy to (which shall not constitute notice):

DLA Piper LLP (US)

203 North LaSalle Street, Suite 1900

Chicago, Illinois 60601

Fax no.: (312) 236-7516

E-mail: Richard.Chesley@dlapiper.com

Chun.Jang@dlapiper.com

Attention: Richard Chesley and Chun Jang

If to Lowe’s/Orchard Supply Company, LLC

Orchard Supply Company, LLC

c/o Lowe’s Companies, Inc.

1000 Lowe’s Boulevard

Mooresville, NC 28117

Mail Code: NB7BD

Fax no.: 704-757-0805

E-mail Address: Richard.d.maltsbarger@lowes.com

Attention: Business Development Executive

and

Lowe’s Companies, Inc.

1000 Lowe’s Boulevard

Mooresville, NC 28117

Mail Code: NB7LG

Fax no.: 704-757-0675

E-mail Address: gaither.m.keener@lowes.com

Attention: Chief Legal Officer, Secretary and Chief Compliance Officer

With a copy to (which shall not constitute notice):

Hunton & Williams LLP

2200 Pennsylvania Ave., NW

Washington, DC 20037

Fax no.: (202) 778-2201

E-mail address: spatterson@hunton.com

skimpel@hunton.com

Attention: J. Steven Patterson

Scott H. Kimpel

[Remainder of the Page Intentionally Left Blank]

 

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SALE SUPPORT AGREEMENT

 

ORCHARD SUPPLY COMPANY, LLC By  

/s/ Richard D. Maltsbarger

  Name:   Richard D. Maltsbarger   Title:   Manager

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SALE SUPPORT AGREEMENT

 

ORCHARD SUPPLY HARDWARE STORES CORPORATION By  

/s/ Michael W. Fox

  Name:   Michael W. Fox   Title:   Senior Vice President, General Counsel and
Secretary ORCHARD SUPPLY HARDWARE LLC By  

/s/ Michael W. Fox

  Name:   Michael W. Fox   Title:   Senior Vice President, General Counsel and
Secretary OSH PROPERTIES LLC By  

/s/ Michael W. Fox

  Name:   Michael W. Fox   Title:   Senior Vice President, General Counsel and
Secretary

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SALE SUPPORT AGREEMENT

 

GLEACHER PRODUCTS CORP.,

as administrative agent and collateral agent

By:  

/s/ Joanna Anderson

  Name:   Joanna Anderson   Title:   Authorized Signatory

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SALE SUPPORT AGREEMENT

 

ACA CLO 2006-1 LTD By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,648,843.50   

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SALE SUPPORT AGREEMENT

 

ACA CLO 2006-2 LTD By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,759,358.85   

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SALE SUPPORT AGREEMENT

 

ACA CLO 2007-1 LTD By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,063,591.56   

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SALE SUPPORT AGREEMENT

 

APIDOS CDO I By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,647,330.26   

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SALE SUPPORT AGREEMENT

 

APIDOS CDO II By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,820,407.37   

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SALE SUPPORT AGREEMENT

 

APIDOS CDO III By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,458,959.75   

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SALE SUPPORT AGREEMENT

 

APIDOS CDO IV By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,673,978.33   

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SALE SUPPORT AGREEMENT

 

APIDOS CDO V By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,836,407.31   

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SALE SUPPORT AGREEMENT

 

APIDOS CINCO CDO By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,723,541.42   

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SALE SUPPORT AGREEMENT

 

APIDOS QUATTRO CDO By:   Its Investment Advisor CVC Credit Partners, LLC By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,525,131.70   

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SALE SUPPORT AGREEMENT

 

SAN GABRIEL CLO I LTD By:   Its Investment Advisor CVC Credit Partners, LLC On
behalf of Resource Capital Asset Management (RCAM) By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 2,134,967.08   

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SALE SUPPORT AGREEMENT

 

SHASTA CLO I LTD By:   Its Investment Advisor CVC Credit Partners, LLC On behalf
of Resource Capital Asset Management (RCAM) By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,984,649.94   

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SALE SUPPORT AGREEMENT

 

SIERRA CLO II LTD By:   Its Investment Advisor CVC Credit Partners, LLC On
behalf of Resource Capital Asset Management (RCAM) By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,579,610.55   

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SALE SUPPORT AGREEMENT

 

WHITNEY CLO I LTD By:   Its Investment Advisor CVC Credit Partners, LLC On
behalf of Resource Capital Asset Management (RCAM) By:  

/s/ Vincent Ingato

  Name:   Vincent Ingato   Title:   MD/PM

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,635,724.81   

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SALE SUPPORT AGREEMENT

 

ECP CLO 2008-1, LTD Silvermine Capital Management LLC As Investment Manager By:
 

/s/ Stephen Perrella

  Name:   Stephen Perrella   Title:   Analyst

 

Principal Amount held under Term Loan Credit Agreement:

   $ 3,484,888.09   

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SALE SUPPORT AGREEMENT

 

COMSTOCK FUNDING LTD. Silvermine Capital Management LLC As Investment Manager
By:  

/s/ Stephen Perrella

  Name:   Stephen Perrella   Title:   Analyst

 

Principal Amount held under Term Loan Credit Agreement:

   $ 1,600,009.24   

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SALE SUPPORT AGREEMENT

 

CANNINGTON FUNDING LTD. Silvermine Capital Management LLC As Investment Manager
By:  

/s/ Stephen Perrella

  Name:   Stephen Perrella   Title:   Analyst

 

Principal Amount held under Term Loan Credit Agreement:

   $ 2,690,015.53   

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SALE SUPPORT AGREEMENT

 

GREENS CREEK FUNDING LTD. Silvermine Capital Management LLC As Investment
Manager By:  

/s/ Stephen Perrella

  Name:   Stephen Perrella   Title:   Analyst

 

Principal Amount held under Term Loan Credit Agreement:

   $ 3,156,053.39   

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SALE SUPPORT AGREEMENT

 

CREDIT SUISSE LOAN FUNDING LLC By:  

/s/ Michael Wotanowski

  Name:   Michael Wotanowski   Title:   Authorized Signatory By:  

/s/ Robert Healey

  Name:   Robert Healey   Title:   Authorized Signatory

 

Principal Amount held under Term Loan Credit Agreement:

   $ 17,650,472.34   

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SALE SUPPORT AGREEMENT

 

Grace Bay Holdings II LLC By:  

/s/ John Bolduc

  Name:   John Bolduc   Title:   Executive Managing Director

 

Principal Amount held under Term Loan Credit Agreement:

   $ 24,674,170.11