Amended and Restated Credit Facility



 Exhibit 10.1 
 EXECUTION COPY 
  

 $90,000,000 CREDIT FACILITY 
 AMENDED AND RESTATED CREDIT AGREEMENT

 Dated as of January 11, 2006 
 by and among 
 PANTHER II TRANSPORTATION, INC., 
 as the Borrower, 
 ANTARES CAPITAL
CORPORATION, 
 for itself, as a Lender, and as Agent for all Lenders, 
 GE CAPITAL MARKETS, INC., 
 as the Lead Arranger, 
 and 
 THE OTHER FINANCIAL
INSTITUTIONS PARTY HERETO, 
 as Lenders 
  








 TABLE OF CONTENTS 
  


					
	ARTICLE I - THE CREDITS	  	1
	 1.1
	  	Amounts and Terms of Commitments	  	1
	 1.2
	  	Notes	  	5
	 1.3
	  	Interest	  	5
	 1.4
	  	Loan Accounts	  	7
	 1.5
	  	Procedure for Revolving Credit Borrowing	  	7
	 1.6
	  	Conversion and Continuation Elections	  	8
	 1.7
	  	Optional Prepayments	  	9
	 1.8
	  	Mandatory Prepayments of Loans and Commitment Reductions	  	10
	 1.9
	  	Fees	  	14
	 1.10
	  	Payments by the Borrower	  	15
	 1.11
	  	Payments by the Lenders to the Agent; Settlement	  	16
		
	ARTICLE II - CONDITIONS PRECEDENT	  	18
	 2.1
	  	Conditions of Effectiveness	  	18
	 2.2
	  	Conditions to All Borrowings	  	21
		
	ARTICLE III - REPRESENTATIONS AND WARRANTIES	  	22
	 3.1
	  	Corporate Existence and Power	  	22
	 3.2
	  	Corporate Authorization; No Contravention	  	23
	 3.3
	  	Governmental Authorization	  	23
	 3.4
	  	Binding Effect	  	24
	 3.5
	  	Litigation	  	24
	 3.6
	  	No Default	  	24
	 3.7
	  	ERISA Compliance	  	24
	 3.8
	  	Use of Proceeds; Margin Regulations	  	25
	 3.9
	  	Title to Properties	  	25
	 3.10
	  	Taxes	  	25
	 3.11
	  	Financial Condition	  	26
	 3.12
	  	Environmental Matters	  	26
	 3.13
	  	Collateral Documents	  	27
	 3.14
	  	Regulated Entities	  	27
	 3.15
	  	Solvency	  	27
	 3 16
	  	Labor Relations	  	27
	 3.17
	  	Copyrights, Patents, Trademarks and Licenses, etc.	  	27
	 3.18
	  	Subsidiaries	  	28
	 3.19
	  	Brokers’ Fees; Transaction Fees	  	28
	 3.20
	  	Insurance	  	28
	 3.21
	  	Full Disclosure	  	28
	 3.22
	  	Certain Other Representations and Warranties	  	29
	 3.23
	  	Foreign Assets Control Regulations and Anti-Money Laundering	  	29
	 3.24
	  	Material Contracts	  	29
		
	ARTICLE IV - AFFIRMATIVE COVENANTS	  	30
	 4.1
	  	Financial Statements	  	30

  

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	 4.2
	  	Certificates; Borrowing Base Certificates; Other Information	  	30
	 4.3
	  	Notices	  	32
	 4.4
	  	Preservation of Corporate Existence, Etc.	  	34
	 4.5
	  	Maintenance of Property	  	34
	 4.6
	  	Insurance	  	35
	 4.7
	  	Payment of Obligations	  	36
	 4.8
	  	Compliance with Laws	  	36
	 4.9
	  	Inspection of Property and Books and Records	  	36
	 4.10
	  	Use of Proceeds	  	37
	 4.11
	  	Solvency	  	37
	 4.12
	  	Further Assurances	  	37
	 4.13
	  	Interest Rate Protection	  	38
		
	ARTICLE V - NEGATIVE COVENANTS	  	39
	 5.1
	  	Limitation on Liens	  	39
	 5.2
	  	Disposition of Assets	  	40
	 5.3
	  	Consolidations and Mergers	  	41
	 5.4
	  	Loans and Investments	  	41
	 5.5
	  	Limitation on Indebtedness	  	42
	 5.6
	  	Transactions with Affiliates	  	43
	 5.7
	  	Management Fees and Compensation	  	43
	 5.8
	  	Use of Proceeds	  	44
	 5.9
	  	Contingent Obligations	  	45
	 5.10
	  	Compliance with ERISA	  	45
	 5.11
	  	Restricted Payments	  	46
	 5.12
	  	Change in Business	  	48
	 5.13
	  	Change in Structure	  	48
	 5.14
	  	Accounting Changes	  	48
	 5.15
	  	Amendments to Related Agreements and Subordinated Indebtedness	  	48
	 5.16
	  	No Negative Pledges	  	48
	 5.17
	  	OFAC	  	49
	 5.18
	  	Integration	  	49
	 5.19
	  	Stay, Extension and Usury Laws	  	49
		
	ARTICLE VI - FINANCIAL COVENANTS	  	49
	 6.1
	  	Capital Expenditures	  	50
	 6.2
	  	Senior Leverage Ratio	  	50
	 6.3
	  	Fixed Charge Coverage Ratio	  	51
	 6.4
	  	Interest Coverage Ratio	  	51
		
	ARTICLE VII - EVENTS OF DEFAULT	  	52
	 7.1
	  	Event of Default	  	52
	 7.2
	  	Remedies	  	55
	 7.3
	  	Rights Not Exclusive	  	56
	 7.4
	  	Cash Collateral for Letters of Credit	  	56

  

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	ARTICLE VIII - THE AGENT	  	56
	 8.1
	  	Appointment and Authorization	  	56
	 8.2
	  	Delegation of Duties	  	56
	 8.3
	  	Liability of Agent	  	56
	 8.4
	  	Reliance by Agent	  	57
	 8.5
	  	Notice of Default	  	57
	 8.6
	  	Credit Decision	  	58
	 8.7
	  	Indemnification	  	58
	 8.8
	  	Agent in Individual Capacity	  	59
	 8.9
	  	Successor Agent	  	59
	 8.10
	  	Collateral Matters	  	59
	 8.11
	  	Documentation Agent and Syndication Agent	  	60
		
	ARTICLE IX - MISCELLANEOUS	  	60
	 9.1
	  	Amendments and Waivers	  	60
	 9.2
	  	Notices	  	61
	 9.3
	  	No Waiver; Cumulative Remedies	  	62
	 9.4
	  	Costs and Expenses	  	63
	 9.5
	  	Indemnity	  	63
	 9.6
	  	Marshaling; Payments Set Aside	  	64
	 9.7
	  	Successors and Assigns	  	65
	 9.8
	  	Assignments, Participations, etc.	  	65
	 9.9
	  	Confidentiality	  	67
	 9.10
	  	Set-off; Sharing of Payments	  	68
	 9.11
	  	Notification of Addresses, Lending Offices, Etc.	  	69
	 9.12
	  	Counterparts	  	69
	 9.13
	  	Severability; Facsimile Signature	  	69
	 9.14
	  	Captions	  	69
	 9.15
	  	Independence of Provisions	  	69
	 9.16
	  	Interpretation	  	69
	 9.17
	  	No Third Parties Benefited	  	69
	 9.18
	  	Governing Law and Jurisdiction	  	69
	 9.19
	  	Waiver of Jury Trial	  	70
	 9.20
	  	Entire Agreement; Release	  	71
	 9.21
	  	Patriot Act	  	71
	 9.22
	  	Replacement of Lender	  	71
	 9.23
	  	Continued Effectiveness; No Novation	  	72
	 9.24
	  	Press Release and Related Matters	  	72
		
	ARTICLE X - TAXES, YIELD PROTECTION AND ILLEGALITY	  	72
	 10.1
	  	Taxes	  	72
	 10.2
	  	Illegality	  	76
	 10.3
	  	Increased Costs and Reduction of Return	  	76
	 10.4
	  	Funding Losses	  	77
	 10.5
	  	Inability to Determine Rates	  	78
	 10.6
	  	Reserves on LIBOR Rate Loans	  	78
	 10.7
	  	Certificates of Lenders	  	78
	 10.8
	  	Survival	  	78
		
	ARTICLE XI - DEFINITIONS	  	79
	 11.1
	  	Defined Terms	  	79
	 11.2
	  	Other Interpretive Provisions	  	98
	 11.3
	  	Accounting Principles	  	99

  

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	 SCHEDULES
	  	
		
	 Schedule 1.1 (a)
	  	 Term Loan Commitments

	 Schedule 1.1 (b)
	  	 Revolving Loan Commitments

	 Schedule 3.2
	  	 Capitalization

	 Schedule 3.5
	  	 Litigation

	 Schedule 3.7
	  	 ERISA

	 Schedule 3.9
	  	 Title to Properties

	 Schedule 3.10
	  	 Taxes

	 Schedule 3.17
	  	 Intellectual Property

	 Schedule 3.19
	  	 Brokers Fees; Transaction Fees

	 Schedule 3.24
	  	 Material Contracts

	 Schedule 5.1
	  	 Liens

	 Schedule 5.5
	  	 Indebtedness

	 Schedule 5.6
	  	 Affiliate Transactions

	 Schedule 5.9
	  	 Contingent Obligations

		
	 EXHIBITS
	  	
		
	 Exhibit 1.8(e)
	  	 Excess Cash Flow Certificate

	 Exhibit 4.2(b)
	  	 Compliance Certificate

	 Exhibit 5.7
	  	 Performance Bonuses

	 Exhibit 11.1(a)
	  	 Borrowing Base Certificate

	 Exhibit 11.1(b)
	  	 Notice of Borrowing

	 Exhibit 11.1(c)
	  	 Notice of Continuation/Conversion

	 Exhibit 11.1(d)
	  	 Revolving Note

	 Exhibit 11.1(e)
	  	 Term Note

	 Exhibit 11.1(f)
	  	 Swing Line Note


  

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 AMENDED AND RESTATED CREDIT AGREEMENT 
 This AMENDED AND RESTATED CREDIT AGREEMENT (including all exhibits and schedules hereto, as the same may be amended, modified and/or restated from time
to time, this “Agreement”) is entered into as of January 11, 2006, by and among PANTHER II TRANSPORTATION, INC., an Ohio corporation (the “Borrower”), ANTARES CAPITAL CORPORATION, a Delaware corporation, as agent for the
several financial institutions from time to time party to this Agreement (collectively, the “Lenders” and individually each a “Lender”) and for itself as a Lender, and such other Lenders. 
 W I T N E S S E T H: 
 WHEREAS, Panther
Acquisition, Inc., an Ohio corporation and predecessor of the Borrower (“Acquisition Co.”), the Agent and certain of the Lenders are parties to a Credit Agreement dated as of June 10, 2005 (as heretofore amended, modified and
supplemented, including, without limitation, pursuant to that certain First Amendment to Loan Documents dated as of September 21, 2005, the “Original Credit Agreement”); and 
 WHEREAS, the Borrower, the Agent and the Lenders desire to amend and restate in its entirety the Original Credit Agreement, without constituting a
novation, all on the terms and subject to the conditions contained herein. 
 NOW, THEREFORE, in consideration of the mutual agreements,
provisions and covenants contained herein, the parties hereto amend and restate the Original Credit Agreement in its entirety as follows: 
 ARTICLE I - THE CREDITS 
 1.1 Amounts and Terms of Commitments. 
 (a) The Term Loan. Borrower acknowledges and agrees that, immediately prior to the effectiveness of this Agreement, the outstanding principal
amount of the “Term Loan A” under the Original Credit Agreement is $49,350,000 and of the “Term Loan B” under the Original Credit Agreement is $8,000,000 (collectively, the “Existing Term Loans”), in each case all of
which Existing Term Loans hereby shall be deemed to have been, and hereby is, converted into a portion of the outstanding Term Loan hereunder in like amount without constituting a novation, and Borrower hereby represents, warrants, agrees, covenants
and reaffirms that it has no defense, set off, claim or counterclaim against the Agent and the Lenders with regard to its Obligations in respect of such Existing Term Loans. Each Lender with a Term Loan Commitment severally and not jointly agrees,
on the terms and conditions hereinafter set forth, to lend to Borrower on the Restatement Effective Date, the additional amount set forth opposite such Lender’s name in Schedule 1.1(a) under the heading “Term Loan
Commitment” (such amount, together with the amount of the Existing Term Loans of such Lender, being referred to herein as such Lender’s “Term Loan Commitment”). Amounts borrowed, or deemed borrowed, under this subsection
1.1(a) are referred to as the “Term Loan”. Amounts borrowed, or deemed borrowed, as the Term Loan which are repaid or prepaid by the Borrower may not be reborrowed. 







 (b) The Revolving Credit. Each Lender with a Revolving Loan Commitment severally and not jointly
agrees, on the terms and conditions hereinafter set forth, to make Loans to the Borrower (each such Loan, a “Revolving Loan”) from time to time on any Business Day during the period from the Restatement Effective Date to the Revolving
Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth opposite such Lender’s name in Schedule 1.1(b) under the heading “Revolving Loan Commitment” (such amount as the same may be
reduced from time to time pursuant to subsection 1.8(f) hereof or as a result of one or more assignments pursuant to Section 9.8, being referred to herein as such Lender’s “Revolving Loan Commitment”); provided, however, that,
after giving effect to any Borrowing of Revolving Loans, the aggregate principal amount of all outstanding Revolving Loans shall not exceed the Maximum Revolving Loan Balance. Subject to the other terms and conditions hereof, amounts borrowed under
this subsection 1.1(b) may be repaid and reborrowed from time to time. The “Maximum Revolving Loan Balance” from time to time will be the lesser of: 
 (i) the “Borrowing Base” (as calculated pursuant to the Borrowing Base Certificate) in effect from time to time, or 

(ii) the Aggregate Revolving Loan Commitment then in effect; 
 less, in either case, the sum of (a) the aggregate amount of Letter of Credit Participation Liability and (b) the Swing Line Commitment in effect at such time. 
 If at any time the then outstanding balance of Revolving Loans exceeds the Maximum Revolving Loan Balance, then Borrower shall immediately prepay outstanding Revolving
Loans in an amount sufficient to eliminate such excess. Borrower and each Lender with a Revolving Loan Commitment under the Original Credit Agreement hereby acknowledge and agree that, immediately prior to the effectiveness of this Agreement, except
for Letter of Credit Participation Liability arising under the Existing Letters of Credit, there are no “Revolving Loans” outstanding under the Original Credit Agreement. 
 (c) Lender Letters of Credit and Letter of Credit Participation Agreements. Subject to the terms and conditions of this Agreement and in reliance
upon the representations and warranties of Borrower herein set forth, the Revolving Loan Commitment may, in addition to advances of Revolving Loans, be utilized, upon the request of Borrower, for (i) the issuance of letters of credit by the
Agent or an Affiliate of the Agent (each such letter of credit, a “Lender Letter of Credit”) or (ii) the issuance of letter of credit participation agreements by Agent (each such letter of credit participation, a “Letter of
Credit Participation Agreement”) to confirm payment to banks (whether or not such banks are Lenders) which issue letters of credit for the account of Borrower on behalf of each Lender having a Revolving Loan Commitment (severally and not
jointly) according to such Lender’s Revolving Loan Commitment. The aggregate amount of Letter of Credit Participation Liability with respect to all Lender Letters of Credit and Letter of Credit Participation Agreements outstanding at any time
shall not exceed $7,500,000. As of the Restatement Effective Date, all of the Lender Letters of Credit and Letter of Credit Participation Agreements issued under the Original Credit Agreement (collectively, the “Existing Letters of
Credit”) shall be deemed to be Lender Letters of Credit and Letter of Credit Participation Agreements, as the case may be, issued hereunder and shall be subject to all of the 

  

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terms and provisions of this Agreement and the other Loan Documents applicable to Lender Letters of Credit and Letter of Credit Participation Agreements
issued hereunder. Each Lender with a Revolving Loan Commitment agrees that its obligations with respect to Lender Letters of Credit and Letter of Credit Participation Agreements pursuant to this subsection 1.1(c) shall include the Existing
Letters of Credit and the Borrower hereby (x) represents, warrants, agrees, covenants and reaffirms that it has no defense, set off, claim or counterclaim against the Agent and the Lenders with regard to its Obligations in respect of such
Existing Letters of Credit and (y) reaffirms its obligation to reimburse the Agent (or Affiliate of the Agent) for honored drawings under such Existing Letters of Credit in accordance with the terms and provisions of this Agreement and the
other Loan Documents. 
 The Borrower shall be irrevocably and unconditionally obligated forthwith without presentment, demand, protest or
other formalities of any kind, to reimburse the Agent immediately for any amounts paid by the Agent (or Affiliate of the Agent) under any Lender Letter of Credit or Letter of Credit Participation Agreement. All amounts paid by the Agent (or
Affiliate of the Agent) with respect to any Lender Letter of Credit or Letter of Credit Participation Agreement that are not immediately repaid by Borrower with the proceeds of a Revolving Loan or otherwise shall bear interest at the interest rate
then applicable to Revolving Loans, calculated using the Base Rate and the Applicable Margin then in effect. The Borrower hereby authorizes and directs the Lenders with Revolving Loan Commitments (or if the Revolving Loan Commitments have
terminated, who had a Revolving Loan Commitment at the time of such termination), at the Agent’s option, to make a Revolving Loan in the amount of any payment made by the Agent (or Affiliate of the Agent) with respect to any Lender Letter of
Credit or Letter of Credit Participation Agreement. Each Lender agrees to fund its Commitment Percentage of any Revolving Loan made pursuant to this subsection 1.1(c) and, if no such Revolving Loans are made, each Lender with a Revolving Loan
Commitment (or if the Revolving Loan Commitments have terminated, who had a Revolving Loan Commitment at the time of such termination) agrees to purchase, and shall be deemed to have purchased on the date on which it pays to the Agent its ratable
portion of any payments made by the Agent (or Affiliate of the Agent), a participation in such Lender Letter of Credit or Letter of Credit Participation Agreement in an amount equal to its ratable share of such Lender Letter of Credit or Letter of
Credit Participation Agreement based upon the Revolving Loan Commitments then in effect (or which were in effect at the time the Revolving Loan Commitments terminated) and each Lender agrees to pay to the Agent promptly such share of any payments
made by the Agent (or Affiliate of the Agent) under such Lender Letter of Credit or Letter of Credit Participation Agreement. The obligations of each Lender under the preceding two (2) sentences shall be absolute and unconditional and such
remittance shall be made notwithstanding the occurrence or continuation of an Event of Default or Default or the failure to satisfy any condition set forth in Section 2.2 hereof. 
 In addition to all other terms and conditions set forth in this Agreement, the issuance by the Agent (or Affiliate of the Agent) of any Lender Letter of
Credit or Letter of Credit Participation Agreement shall be subject to the condition precedent that the Lender Letter of Credit, Letter of Credit Participation Agreement or the letter of credit or written contract for which Borrower requests a
Letter of Credit Participation Agreement shall support a transaction entered into by Borrower or one of its Subsidiaries in the Ordinary Course of Business, or 

  

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otherwise be reasonably acceptable to Agent, and shall be in such form, be for such amount, and contain such terms as are reasonably satisfactory to Agent.

 The expiration date of each Lender Letter of Credit shall be on a date which is the earlier of (a) one year from its date of
issuance, or (b) the thirtieth (30th) day before the Revolving Termination Date. Each Letter of Credit Participation Agreement shall provide that the Letter of Credit Participation Agreement terminates and all demands or claims for payment
must be presented by a date certain, which date will be the earlier of (a) one year from its date of issuance, or (b) the thirtieth (30th) day before the Revolving Termination Date. 
 Borrower shall give Agent at least seven (7) Business Days’ prior written notice specifying the date a Lender Letter of Credit or Letter of
Credit Participation Agreement is to be issued, identifying the beneficiary and describing the nature of the transactions proposed to be supported thereby. The notice shall be accompanied by the drawing terms for the Lender Letter of Credit or form
of each letter of credit signed by the Borrower as applicant and account party. 
 (d) Swing Line Loans. The Swing Line Lender may, in
its sole and absolute discretion, make Loans to the Borrower (each such Loan, a “Swing Line Loan”) from time to time on any Business Day during the period from the Restatement Effective Date to the Revolving Termination Date, in an
aggregate amount not to exceed at any time outstanding the amount set forth opposite such Swing Line Lender’s name in Schedule 1.1(d) under the heading “Swing Line Commitment” or in an Assignment and Acceptance pursuant to
which Swing Line Lender first becomes a party hereto (such amount as the same may be reduced from time to time pursuant to subsection 1.7(c) hereof or as a result of one or more assignments pursuant to Section 9.8, being referred to herein as
such Lender’s “Swing Line Commitment”); provided, however, that, after giving effect to any Borrowing of Swing Line Loans, (i) the aggregate principal amount of all outstanding Swing Line Loans shall not exceed the
Swing Line Commitment and (ii) the sum of the aggregate amount of all outstanding Swing Line Loans, outstanding Revolving Loans and the aggregate amount of Letter of Credit Participation Liability shall not exceed the lesser of: 
 (i) the “Borrowing Base” (as calculated pursuant to the Borrowing Base Certificate) in effect from time to time, or 

(ii) the Aggregate Revolving Loan Commitment then in effect. 
 Subject to the other terms and conditions hereof, amounts borrowed under this subsection 1.1(d) may be repaid and reborrowed from time to time. 
 If at any time the then outstanding principal balance of Swing Line Loans exceeds the Swing Line Commitment, then the Borrower shall immediately prepay outstanding Swing Line Loans in an amount sufficient to eliminate
such excess. Outstanding Swing Line Loans shall not be deemed outstanding Revolving Loans. Notwithstanding anything to the contrary contained in this Agreement or any other Loan Document, Swing Line Lender agrees that, without the prior written
consent of Required Revolving Lenders, it will not make any Swing Line Loan to Borrower, and Borrower agrees that it shall not be entitled to receipt of proceeds of a Swing Line Loan, after Swing Line Lender has received written notice from the
Borrower or Agent (either individually or at the direction of Required Revolving Lenders) that an Event of Default has occurred and is continuing. 
  

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 (e) Lender Assignments. Each Lender, severally and not jointly, hereby agrees that the
Lenders’ pro rata shares of the Revolving Loan Commitment and the Term Loan Commitment as of the Restatement Effective Date shall be as set forth on Schedules 1.1 (a) and 1.1(b) attached hereto. The Assigning Lenders and
the Assignee Lenders, severally and not jointly, hereby agree, on the Restatement Effective Date, to effect any inter-Lender transfers necessary to cause each Lender to hold the portion of the Revolving Loan Commitment and the portion of the Term
Loan set forth beside such Lender’s name on Schedules 1.1(a) and 1.1(b). To the extent necessary to give effect to the provisions of the preceding sentences, each Lender under and as defined in the Original Credit Agreement (to
the extent such Lender is assigning Loans in accordance with this subsection 1.1(e), an “Assigning Lender”), severally and not jointly, hereby agrees on the date hereof to sell and to assign to each Lender hereunder (each Lender, in such
capacity is referred to herein as an “Assignee Lender”), without recourse, representation or warranty, and each Assignee Lender, severally and not jointly, hereby purchases and assumes from the applicable Assigning Lender, a percentage
interest in the Revolving Loan Commitment and the Term Loan in amounts required to give effect to the pro rata shares set forth on Schedules 1.1(a) and 1.1(b) hereto. Upon the effectiveness of the assignments and acceptances
described in this subsection 1.1(e), the Agent shall thereafter make all payments in respect of the interests assigned hereby (including payments of principal, interest, fees and other amounts) to the Assignee Lenders. The Lenders shall make all
appropriate adjustments in payment for periods prior to the effectiveness of the assignment and acceptance described in this subsection 1.1(e) by the Agent or with respect to the making of this assignment directly between themselves.

 1.2 Notes. 
 (a) The
Term Loan made, or deemed made, by each Lender with a Term Loan Commitment shall, at the option of such Lender, be evidenced by a Term Note payable to the order of such Lender in an amount equal to such Lender’s Term Loan Commitment.

 (b) The Revolving Loans made, or deemed made, by each Lender with a Revolving Loan Commitment shall, at the option of such Lender, be
evidenced by a Revolving Note payable to the order of such Lender in an amount equal to such Lender’s Revolving Loan Commitment. 
 (c)
The Swing Line Loans made, or deemed made, by the Swing Line Lender with a Swing Line Loan Commitment shall, at the option of such Lender, be evidenced by a Swing Line Note payable to the order of such Lender in an amount equal to such Swing Line
Lender’s Swing Line Commitment. 
 1.3 Interest. 
 (a) Subject to subsections 1.3(c) and 1.3(d), each Loan shall bear interest on the outstanding principal amount thereof from the date when made at a rate per annum equal to the LIBOR or the Base Rate, as the case may
be, plus the Applicable Margin; provided, that Swing 

  

 5 








 
Line Loans may not be LIBOR Rate Loans. Commencing on the fifth (5th) Business Day following the date of delivery of the monthly financial statements
and the Compliance Certificate for June 2006, and continuing thereafter, the Applicable Margin for the Loans shall be subject to adjustment as set forth in the definition of Applicable Margin. The Agent will with reasonable promptness notify the
Borrower and the Lenders of the effective date and the amount of each such change (other than changes affecting the Swing Line Notes); provided, that any failure to do so shall not relieve the Borrower of any liability hereunder or provide
the basis for any claim against the Agent. Each determination of an interest rate by the Agent (or, with respect to the Swing Line Loans, the Swing Line Lender) shall be conclusive and binding on Borrower and the Lenders in the absence of
demonstrable error. All computations of fees (other than the Agent’s annual fee) and interest payable under this Agreement shall be made on the basis of a 360-day year and actual days elapsed. Interest and fees shall accrue during each period
during which interest or such fees are computed from the first day thereof to the last day thereof. The Borrower hereby agrees that all accrued and unpaid interest due and owing to the Lenders under the Original Credit Agreement as of the
Restatement Effective Date shall be deemed accrued and continued hereunder and shall be paid in cash by the Borrower to the Agent, for the benefit of the Lenders, on the Restatement Effective Date. 
 (b) Interest on each Loan shall be paid in arrears on each Interest Payment Date. Interest shall also be paid on the date of any payment or prepayment of
Loans in full. 
 (c) At the election of the Agent or the Required Lenders while any Event of Default under subsections 4.1, 4.2(b), 7.1(a)
or, as a result of the Borrower’s failure to observe any of the covenants contained in Article VI hereof, 7.1(c) exists (or automatically while any Event of Default under subsections 7.1(f), 7.1(g) or 7.1(m)(iv) exists), the Borrower shall pay
interest (after as well as before entry of judgment thereon to the extent permitted by law) on the Obligations from and after the date of occurrence and during the continuance of such Event of Default, at a rate per annum which is determined by
adding two percent (2.0%) per annum to the Applicable Margin then in effect for such Loans (plus the LIBOR or Base Rate, as the case may be) and, in the case of Obligations not subject to an Applicable Margin (other than the fees described in
subsection 1.9(c)), at a rate per annum equal to the rate per annum applicable to Revolving Loans which are Base Rate Loans (including the Applicable Margin with respect thereto) plus two percent (2.0%); provided, however, that, on and
after the expiration of any Interest Period applicable to any LIBOR Rate Loan outstanding during the continuance of such Event of Default, the principal amount of such Loan shall, during the continuation of such Event of Default, bear interest at a
rate per annum equal to the Base Rate plus the Applicable Margin plus two percent (2.0%). All such interest shall be payable on demand of the Agent or the Required Lenders. 
 (d) Anything herein to the contrary notwithstanding, the obligations of the Borrower hereunder shall be subject to the limitation that payments of
interest shall not be required, for any period for which interest is computed hereunder, to the extent (but only to the extent) that contracting for or receiving such payment by the respective Lender would be contrary to the provisions of any law
applicable to such Lender limiting the highest rate of interest which may be lawfully contracted for, charged or received by such Lender, and in such event the Borrower shall pay such Lender interest at the highest rate permitted by applicable law.

  

 6 








 1.4 Loan Accounts. 
 (a) The Agent, on behalf of the Lenders, shall record on its books and records the amount of each Loan (other than Swing Line Loans) made, the interest rate applicable, all payments of principal and interest thereon
and the principal balance thereof from time to time outstanding. The Agent shall deliver to the Borrower on a monthly basis a loan statement setting forth such record for the immediately preceding month. Such record shall, absent demonstrable error,
be conclusive evidence of the amount of the Loans (other than Swing Line Loans) made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so, or any failure to deliver such loan
statement shall not, however, limit or otherwise affect the obligation of the Borrower hereunder (and under any Note) to pay any amount owing with respect to the Loans or provide the basis for any claim against the Agent. 
 (b) Swing Line Lender shall record on its books and records the amount of each Swing Line Loan made by it, the interest rate applicable, all payments of
principal and interest thereon and the principal balance thereof from time to time outstanding. The Swing Line Lender shall deliver to the Borrower and Agent on a monthly basis (no later than ten (10) Business Days after the end of the previous
month) a loan statement setting forth such record for the immediately preceding month. Such records shall, absent demonstrable error, be conclusive evidence of the amount of the Swing Line Loans made by the Swing Line Lender to the Borrower and the
interest and payments thereon. Any failure to so record or any error in doing so, or any failure to deliver such loan statement shall not, however, limit or otherwise affect the obligation of the Borrower hereunder (and under any Swing Line Note) to
pay any amount owing with respect to the Swing Line Loans or provide the basis for any claim against the Swing Line Lender. Except as specifically set forth in this Agreement, in no event shall Agent have any responsibility whatsoever for
administration of the Swing Line Commitment and Swing Line Loans. 
 1.5 Procedure for Revolving Credit Borrowing. 
 (a) Each Borrowing of a Revolving Loan shall be made upon the Borrower’s irrevocable (subject to Section 10.5 hereof) written notice delivered
to the Agent in the form of a Notice of Borrowing, which notice must be received by the Agent prior to 11:00 a.m. (Chicago time) (i) on the requested Borrowing date in the case of each Base Rate Loan equal to or less than $1,000,000 and in the
case of the Loans to be made on the Restatement Effective Date, (ii) on the date which is one (1) Business Day prior to the requested Borrowing date of each Base Rate Loan in excess of $1,000,000 but equal to or less than $3,000,000 and
(iii) on the day which is three (3) Business Days prior to the requested Borrowing date in the case of each LIBOR Rate Loan and each Base Rate Loan in excess of $3,000,000; provided, that with respect to Loans subsequent to the
Loans to be made on the Restatement Effective Date, the Borrower may give notice of the requested Borrowing to the Agent by telephone call, with such notice confirmed not later than the following Business Day by delivery to the Agent of a signed
Notice of Borrowing. Such Notice of Borrowing shall specify: 
 (i) the amount of the Borrowing (which shall be in an
aggregate minimum principal amount of $100,000 and multiples of $50,000 in excess thereof); 
  

 7 








 (ii) the requested Borrowing date, which shall be a Business Day; 
 (iii) whether the Borrowing is to be comprised of LIBOR Rate Loans or Base Rate Loans; and 
 (iv) if the Borrowing is to be LIBOR Rate Loans, the Interest Period applicable to such Loans; 
 provided, however, that with respect to the Borrowing to be made on the Restatement Effective Date, such Borrowing will consist of Base Rate Loans only and
shall remain so for not less than three (3) Business Days after the Restatement Effective Date. Thereafter, Borrower may request that Revolving Loans be made as LIBOR Rate Loans and that Loans be converted to or continued as LIBOR Rate Loans.

 (b) Upon receipt of the Notice of Borrowing, Agent will promptly notify each Lender with a Commitment affected thereby of such Notice of
Borrowing and of the amount of such Lender’s Commitment Percentage of the Borrowing. 
 (c) Unless Agent is otherwise directed in
writing by Borrower, the proceeds of each requested Borrowing after the Restatement Effective Date will be made available to the Borrower by the Agent by wire transfer (or ACH transfer) of such amount to the Borrower pursuant to the wire transfer
instructions specified on the signature page hereto. 
 (d) Each Borrowing of Swing Line Loans shall be made upon the Borrower’s
irrevocable notice delivered to the Swing Line Lender in a form acceptable to the Swing Line Lender (such notice, a “Notice of Swing Line Borrowing”), which notice must be received by the Swing Line Lender prior to 12:00 p.m. (Chicago
time) on the requested Borrowing date. 
 1.6 Conversion and Continuation Elections. 
 (a) The Borrower may upon irrevocable (subject to subsection 10.2(c) and Section 10.5) written notice to the Agent in accordance with subsection
1.6(b) elect to convert on any Business Day, any Base Rate Loans into LIBOR Rate Loans or elect to continue on the last day of the applicable Interest Period any LIBOR Rate Loans having Interest Periods maturing on such day, in each instance, in
whole or in part in an amount not less than $100,000, or that is in an integral multiple of $50,000 in excess thereof. 
 (b) The Borrower
shall deliver a Notice of Continuation/Conversion to be received by the Agent not later than 11:00 a.m. (Chicago time) at least three (3) Business Days in advance of the requested Conversion Date or continuation date, specifying: 
 (i) the proposed Conversion Date or continuation date; 
 (ii) the aggregate amount of Loans to be converted or continued; and 
 (iii) the duration of the requested Interest Period with respect to the Loans to be converted or continued as LIBOR Rate Loans.

  

 8 








 (c) If upon the expiration of any Interest Period applicable to LIBOR Rate Loans, the Borrower has failed
to select timely a new Interest Period to be applicable to such LIBOR Rate Loans or if any Event of Default shall then exist, the Borrower shall be deemed to have elected to convert such LIBOR Rate Loans into Base Rate Loans effective as of the
expiration date of such current Interest Period. 
 (d) Upon receipt of a Notice of Continuation/Conversion, the Agent will promptly notify
each Lender thereof. In addition, the Agent will, with reasonable promptness, notify the Borrower and the Lenders of each determination of LIBOR; provided that any failure to do so shall not relieve the Borrower of any liability hereunder or
provide the basis for any claim against the Agent. All conversions and continuations shall be made pro rata according to the respective outstanding principal amounts of the Loans held by each Lender with respect to which the notice was given.

 (e) Unless the Required Lenders shall otherwise agree, during the existence of an Event of Default, the Borrower may not elect to have a
Loan converted into or continued as a LIBOR Rate Loan. 
 (f) Notwithstanding any other provision contained in this Agreement, after giving
effect to any Borrowing, or to any continuation or conversion of any Loans, there shall not be more than eight (8) different Interest Periods in effect. LIBOR Rate Loans that shall have been evidenced by the Original Credit Agreement and remain
outstanding as of the Restatement Effective Date shall continue as LIBOR Rate Loans hereunder and the Interest Periods relating thereto shall continue as Interest Periods hereunder. 
 (g) Notwithstanding anything herein to the contrary, Swing Line Loans shall at all times be Base Rate Loans and no Swing Line Loans may be borrowed as,
or converted into, a LIBOR Rate Loan. 
 1.7 Optional Prepayments. 
 (a) The Borrower may at any time upon at least two (2) Business Days’ (one (1) Business Day for Revolving Loans) prior written notice to
the Agent, prepay the Loans in whole or in part in an amount greater than or equal to $100,000, in each instance, without penalty or premium except as provided in Section 10.4. Optional partial prepayments of the Term Loan shall be applied in
the manner set forth in subsection 1.8(f) hereof. Optional partial prepayments of the Term Loan in amounts less than $100,000 shall not be permitted. 
 (b) The notice of any prepayment shall not thereafter be revocable by the Borrower and the Agent will promptly notify each Lender thereof and of such Lender’s Commitment Percentage of such prepayment. The payment
amount specified in such notice shall be due and payable on the date specified therein. Together with each prepayment under this Section 1.7, the Borrower shall pay any amounts required pursuant to Section 10.4. 
 (c) The Borrower shall be permitted at any time and from time to time from and after the Restatement Effective Date, to reduce voluntarily the Swing Line
Commitment in the minimum amount of $500,000 and in integral multiples of $100,000 in excess thereof for each such reduction; provided, that the Borrower shall only be permitted to make two (2) such 

  

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voluntary reductions in the Swing Line Commitment pursuant to the provisions of this subsection 1.7(c). All requests for a reduction in the Swing Line
Commitment shall be made by irrevocable written notice of the Borrower to Agent and the Swing Line Lender stating the amount and effective date of such reduction and shall be received by Agent and the Swing Line Lender not less than three
(3) Business Days prior to the effective date of such reduction and Agent shall promptly notify each Lender thereof. All reductions in the Swing Line Commitment made pursuant to the terms of this subsection 1.7(c) shall be permanent. In
addition to the foregoing, if and to the extent the Revolving Loan Commitment is reduced (whether pursuant to subsection 1.7(a) or otherwise to an amount less than the Swing Line Commitment, the Swing Line Commitment shall automatically be reduced
by an amount equal to the excess of the Swing Line Commitment over the Revolving Loan Commitment, such that the Swing Line Commitment never exceeds the Revolving Loan Commitment. 
 1.8 Mandatory Prepayments of Loans and Commitment Reductions. 
 (a) Scheduled Term Loan Payments. The principal amount of the Term Loan shall be paid in installments on the dates and in the respective amounts shown below: 
  

			
	 Date of Payment:
	  	Amount of Term Loan Payment:
	 March 31, 2006
	  	$625,000
	 June 30, 2006
	  	$625,000
	 September 30, 2006
	  	$625,000
	 December 31, 2006
	  	$625,000
	 March 31, 2007
	  	$750,000
	 June 30, 2007
	  	$750,000
	 September 30, 2007
	  	$750,000
	 December 31, 2007
	  	$750,000
	 March 31, 2008
	  	$875,000
	 June 30, 2008
	  	$875,000
	 September 30, 2008
	  	$875,000
	 December 31, 2008
	  	$875,000
	 March 31, 2009
	  	$1,000,000
	 June 30, 2009
	  	$1,000,000
	 September 30, 2009
	  	$1,000,000
	 December 31, 2009
	  	$1,000,000
	 March 31, 2010
	  	$1,125,000
	 June 30, 2010
	  	$1,125,000
	 September 30, 2010
	  	$1,125,000
	 December 31, 2010
	  	$1,125,000
	 March 31, 2011
	  	$13,125,000
	 June 30, 2011
	  	$13,125,000
	 September 30, 2011
	  	$13,125,000
	 December 31, 2011
	  	Remaining outstanding balance of Term Loan

  

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 (b) Revolving Loan and the Swing Line Loan. The Borrower shall repay to the Lenders in full on the
date specified in clause (a) of the definition of “Revolving Termination Date” the aggregate principal amount of the Revolving Loans outstanding on the Revolving Termination Date. The Borrower shall repay to the Swing Line Lender in
full on the date specified in clause (a) of the definition of “Revolving Termination Date” the aggregate principal amount of the Swing Line Loans outstanding on the Revolving Termination Date. 
 (c) Asset Dispositions. If the Borrower or any of its Subsidiaries shall at any time or from time to time: 
 (i) make or agree to make a Disposition; or 
 (ii) suffer an Event of Loss; 
 and the aggregate amount of the Net Proceeds received by Borrower and its Subsidiaries in
connection with such Disposition or Event of Loss and all other Dispositions and Events of Loss occurring during the fiscal year exceeds $500,000, then (A) the Borrower shall promptly notify Agent of such proposed Disposition or Event of Loss
(including the amount of the estimated Net Proceeds to be received by the Borrower and/or any of its Subsidiaries in respect thereof) and (B) promptly upon receipt by the Borrower and/or any of its Subsidiaries of the Net Proceeds of such
Disposition or Event of Loss, the Borrower shall deliver, or cause to be delivered, such Net Proceeds to the Agent for distribution (i) first, to the Swing Line Lender as a prepayment of the Swing Line Loans (but not as a permanent reduction of
the Swing Line Commitment) until the Swing Line Loans are repaid in full and (ii) following the repayment in full of the Swing Line Loans, thereafter to the Lenders as a prepayment of the Loans, which prepayment shall be applied in accordance
with subsection 1.8(f) hereof. Notwithstanding the foregoing, provided no Default or Event of Default has occurred and is continuing and such reinvestment of Net Proceeds is permitted under the Subordinated Indebtedness Documents, such prepayment
shall not be required to the extent the Borrower reinvests the Net Proceeds of such Disposition or Event of Loss, or a portion thereof, in productive assets of a kind then used or usable in the business of the Borrower, within one hundred eighty
(180) days after the date of such Disposition or Event of Loss or enters into a binding commitment thereof within said one hundred eighty (180) day period and subsequently makes such reinvestment. Pending such reinvestment, the Net
Proceeds shall be delivered to the Agent, for distribution to the Lenders, as a prepayment of the Revolving Loans (to the extent of Revolving Loans then outstanding), but not as a permanent reduction of the Revolving Loan Commitment. 
 (d) Issuance of Securities. Immediately upon the receipt by Holdings, Borrower or any of its respective Subsidiaries of the Net Issuance Proceeds
of the issuance of equity securities or debt securities (other than Net Issuance Proceeds from the issuance of (i) debt securities in respect of Indebtedness permitted hereunder, (ii) equity securities to employees of 

  

 11 








 
Holdings, the Borrower and its Subsidiaries, (iii) equity securities to the Sponsor and its Controlled Investment Affiliates and (iv) equity
securities, the proceeds of which are used to finance a Permitted Acquisition), the Borrower shall deliver, or cause to be delivered, to Agent an amount equal to such Net Issuance Proceeds, for application to the Loans in accordance with subsection
1.8(f). 
 (e) Excess Cash Flow. Within five (5) days after the annual financial statements are required to be delivered pursuant
to subsection 4.1(a) hereof, commencing with such annual financial statements for the fiscal year ending December 31, 2006, the Borrower shall deliver to the Agent a written calculation of Excess Cash Flow of the Borrower for such fiscal
year or, with respect to the fiscal year ending December 31, 2006, for the period from the Restatement Effective Date through the last day of such fiscal year, in the form of Exhibit 1.8(e) and certified as correct on behalf of Borrower by a
Responsible Officer and concurrently therewith shall deliver to the Agent, for distribution to the Lenders, an amount equal to the applicable ECF Percentage of such Excess Cash Flow, for application to the Loans in accordance with the provisions of
subsection 1.8(f) hereof. Excess Cash Flow prepayments shall be calculated in the manner set forth in Exhibit 1.8(e). 
 (f) Application
of Prepayments. Any prepayment pursuant to subsection 1.8(e) shall be applied as follows: (i) the first fifty percent (50%) of such prepayment shall be applied to prepay all remaining scheduled installments of the Term Loan in the
order of their maturity and (ii) the remaining fifty percent (50%) of such prepayment shall be applied to prepay all remaining scheduled installments of the Term Loan in the inverse order of their maturity. Any prepayments of Term Loan
pursuant to Section 1.7(a) and any prepayments pursuant to subsections 1.8(c) (other than prepayments of Swing Line Loans and Revolving Loans as set forth therein) or 1.8(d) shall be applied as follows: (i) first, to prepay all remaining
installments of the Term Loan pro rata against all such scheduled installments based upon the respective amounts thereof until the Term Loan shall have been paid in full, and (ii) second, to prepay the Swing Line Loans and thereafter in
permanent reduction of the Revolving Loans (along with a corresponding permanent reduction of the Swing Line Commitment solely at such time as the Revolving Loan Commitment is reduced to an amount equal to the Swing Line Commitment so that at no
time will the Revolving Loan Commitment be less than the Swing Line Commitment), whereupon the Revolving Loan Commitment of each Lender shall automatically and permanently be reduced by an amount equal to such Lender’s ratable share of the
aggregate of principal repaid, effective as of the earlier of the date that such prepayment is made or the date by which such prepayment is due and payable hereunder. To the extent permitted by the foregoing sentences, amounts prepaid shall be
applied first to any Base Rate Loans then outstanding and then to outstanding LIBOR Rate Loans with the shortest Interest Periods remaining, or as the Borrower may otherwise specify in writing at the time of such prepayment. Together with each
prepayment under this Section 1.8, the Borrower shall pay any amounts required pursuant to Section 10.4 hereof. 
 (g) Refunding
Swing Line Loans. With respect to any outstanding Swing Line Loans incurred in accordance with the terms of this Agreement (for the sake of clarity, any Swing Line Loans incurred without the prior written consent of Required Revolving Lenders as
required pursuant to subsection 1.1(d) after the Borrower or Agent gives notice to Swing Line Lender of an Event of Default, and any Swing Line Loans made in excess of the Swing Line Commitment 

  

 12 








 
at the time of making of such Swing Line Loan shall not be deemed to be Swing Line Loans incurred in accordance with the terms of this Agreement), at the
request of the Swing Line Lender in its sole and absolute discretion, the Swing Line Lender may, at any time, and is hereby authorized and empowered by the Borrower to, request a Borrowing of Revolving Loans to be made for the purpose of repaying
such Swing Line Loans by delivering to the Agent (on behalf of, and with a copy to, the Borrower), not later than 11:00 a.m. (Chicago time), one (1) Business Day prior to the proposed Borrowing date therefor, a notice (which shall be deemed to
be a Notice of Borrowing given by the Borrower) requesting the Lenders with Revolving Loan Commitments to make Revolving Loans (which shall be made initially as Base Rate Loans) on such Borrowing date in an aggregate amount equal to the amount of
the Swing Line Loans requested to be paid (the “Refunded Swing Line Loans”). Upon receipt of any such notice, the Agent will promptly notify each Lender with a Revolving Loan Commitment (or, if such Revolving Loan Commitments shall have
been terminated, with a Revolving Loan Commitment immediately prior to such termination) thereof (which notice shall be given either telephonically (promptly confirmed thereafter by telecopy) or by telecopy). Whether or not the conditions set forth
in Section 2.2 or any other condition set forth in this Agreement have been satisfied, and notwithstanding any termination or reduction of the Revolving Loan Commitments, no later than 3:00 p.m. (Chicago time) on the requested Borrowing date,
each Lender with a Revolving Loan Commitment (other than the Swing Line Lender, which shall be deemed to have funded its portion of the Revolving Loan requested through a book entry reduction of an equal amount of the outstanding Swing Line Loans)
will make available to the Agent an amount, in Dollars in immediately available funds, equal to the amount of the Revolving Loans to be made by such Lender. To the extent the Lenders with Revolving Loan Commitments have made such amounts available
to the Agent as provided hereinabove, the Agent will make the aggregate of such amounts available to the Swing Line Lender in like funds as received by the Agent, which shall apply such amounts in repayment of the Refunded Swing Line Loans.

 If any Lender with a Revolving Loan Commitment fails for any reason whatsoever (other than with respect to Swing Line Loans not incurred
in accordance with the terms of this Agreement as described in the preceding paragraph) to make a Revolving Loan when requested by the Swing Line Lender pursuant to this subsection 1.8(g), such Lender will, by the time and in the manner such
Revolving Loan was to have been funded to the Swing Line Lender, purchase from the Swing Line Lender an undivided participating interest in the outstanding Swing Line Loans and pay to the Swing Line Lender an amount equal to its Commitment
Percentage (based on the Revolving Loan Commitments of the Lenders or, if the Revolving Loan Commitments shall have been terminated, the Revolving Loan Commitments immediately prior to such termination) of the aggregate principal amount of Swing
Line Loans that were to have been paid with Revolving Loans. Each Lender with a Revolving Loan Commitment that so purchases a participation in a Swing Line Loan shall thereafter be entitled to receive its pro rata share (based on the amount of such
Lender’s participation interest in the Swing Line Loans that were to have been paid with Revolving Loans) of each payment of principal received on such Swing Line Loans and of interest received thereon accruing from the date such Lender funded
to the Swing Line Lender its participation in such Swing Line Loan. The several obligations of the Lenders with a Revolving Loan Commitment (or, if such Revolving Loan Commitments shall have been terminated, with a Revolving Loan Commitment
immediately prior to such termination) under this subsection 1.8(g) shall be absolute, irrevocable and unconditional under any and all circumstances whatsoever and shall not be subject to any set-off, counterclaim or defense to 

  

 13 








 
payment which any such Lender may have or have had against the Borrower, any other Lender or any other Person whatsoever. Without limiting the generality of
the foregoing, each payment made by a Lender with a Revolving Loan Commitment (or, if such Revolving Loan Commitments shall have been terminated, with a Revolving Loan Commitment immediately prior to such termination) under this subsection 1.8(g)
shall be made without any offset, abatement, withholding or reduction whatsoever. 
 1.9 Fees. 
 (a) Agent’s Fees. The Borrower shall pay to the Agent for the Agent’s own account the fees in the amounts and at the times set forth in
an amended and restated letter agreement between the Borrower and the Agent dated of even date herewith (as further amended from time to time, the “Fee Letter”). 
 (b) Commitment Fee. Borrower shall pay to Agent, for the ratable benefit of the Lenders having Revolving Loan Commitments, a fee (the
“Commitment Fee”) in an amount equal to 
 (i) the Aggregate Revolving Loan Commitment, less 
 (ii) the sum of (x) the average daily balance of all Revolving Loans outstanding plus (y) the average daily amount of Letter of
Credit Participation Liability, in each case, during the preceding month, 
 multiplied by one-half of one percent (0.5%) per annum, such fee to be payable
monthly in arrears on the first day of the month following the date hereof and the first day of each month thereafter. The Commitment Fee provided in this subsection 1.9(b) shall accrue at all times from and after the Restatement Effective Date. The
Borrower hereby agrees that accrued and unpaid Commitment Fees under the Original Credit Agreement as of the Restatement Effective Date shall be deemed accrued and continued hereunder and shall be paid in full in cash by the Borrower to the Agent,
for the benefit of the Lenders, on the first day of the month following the date hereof. 
 (c) Letter of Credit Participation Fee.
Borrower shall pay to Agent, for the ratable benefit of the Lenders having Revolving Loan Commitments, fees for each Lender Letter of Credit and each Letter of Credit Participation Agreement (the “Letter of Credit Participation Fee”) for
the period from and including the date of issuance of same to and excluding the date of expiration or termination, equal to the average daily amount of Letter of Credit Participation Liability multiplied by the Applicable Margin then in effect for
Revolving Loans outstanding as LIBOR Loans; provided, however, at the Agent’s or the Required Lenders’ option, while an Event of Default under subsections 4.1, 4.2(b), 7.1(a) or, as a result of the Borrower’s
failure to observe any of the covenants contained in Article VI hereof, 7.1(c), exists (or automatically while any Event of Default under subsections 7.1(f), 7.1(g) or 7.1(m)(iv) exists), such percent shall be increased by two percent
(2.0%) per annum. The Letter of Credit Participation Fee is payable monthly in arrears on the first day of the month following the date hereof and the first day of each month thereafter. Borrower shall also reimburse Agent for any and all fees
and expenses, if any, paid by Agent to the issuer of any letter of credit subject to a Letter of Credit 

  

 14 








 
Participation Agreement. The Borrower hereby agrees that all accrued and unpaid Letter of Credit Participation Fees due and owing to the Lenders that have
Revolving Loan Commitments under the Original Credit Agreement as of the Restatement Effective Date shall be deemed accrued and continued hereunder and shall be paid in full in cash by the Borrower to the Agent, for the benefit of the Lenders that
have Revolving Loan Commitments, on the first day of the month following the date hereof. 
 1.10 Payments by the Borrower.

 (a) All payments (including prepayments) to be made by the Borrower on account of principal, interest, fees and other amounts required
hereunder shall be made without set-off, recoupment, counterclaim or deduction of any kind, shall, except as otherwise expressly provided herein, be made to the Agent for the ratable account of the Lenders in accordance with subsection 1.10(c) at
the address for payment specified in the signature page hereof in relation to the Agent (or such other address as Agent may from time to time specify in accordance with Section 9.2), and shall be made in dollars and in immediately available
funds, no later than 11:00 a.m. (Chicago time) on the date due; provided, that any payments made by the Borrower to the Swing Line Lender in respect of Swing Line Loans (other than in accordance with subsection 1.8(g)), shall be paid directly
to Swing Line Lender. Any payment which is received by the Agent later than 11:00 a.m. (Chicago time) shall be deemed to have been received on the immediately succeeding Business Day and any applicable interest or fee shall continue to accrue.
Borrower hereby authorizes Agent and each Lender to make a Revolving Loan (which shall be a Base Rate Loan) to pay (i) interest, principal, Agent fees, Commitment Fees and Letter of Credit Participation Fees, in each instance, on the date due
and, with respect to Swing Line Loans, in accordance with subsection 1.8(g), or (ii) after five (5) days’ prior notice to Borrower, other fees, costs or expenses payable by Borrower or any of its Subsidiaries hereunder or under the
other Loan Documents. 
 (b) Subject to the provisions set forth in the definition of “Interest Period” herein, if any payment
hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest or fees, as the case may
be. 
 (c) All amounts collected or received by the Agent after the Obligations have been accelerated (so long as such acceleration has not
been rescinded) and all proceeds received by the Agent as a result of the exercise of its remedies under the Collateral Documents after the occurrence and during the continuance of an Event of Default shall be applied, as follows: 
 first, to payment of costs and expenses, including Attorney Costs, of Agent payable or reimbursable by Borrower under the Loan
Documents; 
 second, to payment of Attorney Costs of Lenders payable or reimbursable by Borrower under this Agreement;

 third, to payment of all accrued unpaid interest on the Obligations and fees owed to the Agent and the Lenders
(including, without limitation, regularly scheduled periodic payments under any Rate Contract between Borrower and a Lender or an Affiliate of a 

  

 15 








 
Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery thereof) required hereunder); 
 fourth, to payment of principal of the Obligations (including any termination payment under any Rate Contract between the Borrower
and a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery thereof) required hereunder and, if an Event of Default has occurred and is continuing, cash collateralization
of Letter of Credit Participation Liability); 
 fifth, to payment of any other amounts owing constituting Obligations;
and 
 sixth, any remainder shall be for the account of and paid to whoever may be lawfully entitled thereto.

 In carrying out the foregoing, (i) amounts received shall be applied in the numerical order provided until exhausted prior to the
application to the next succeeding category; (ii) each of the Lenders or other Persons entitled to payment shall receive an amount equal to its pro rata share (based on the Commitment Percentages of the Lenders, as applicable) of amounts
available to be applied pursuant to clauses second, third, fourth and fifth above; and (iii) to the extent that the Revolving Loan Commitments shall not have been terminated either before or after such
application of any amounts applied to the Revolving Loans pursuant to this subsection 1.10(c), any such amounts applied to the Revolving Loans shall act as a permanent reduction of the Revolving Loans, whereupon the Revolving Loan Commitment of each
Lender shall automatically and permanently be reduced by an amount equal to such Lender’s ratable share of the aggregate of principal repaid, effective as of the date that such application is made. 
 1.11 Payments by the Lenders to the Agent; Settlement. 
 (a) As set forth in subsection 1.5(b), upon receipt of a Notice of Borrowing, the Agent will promptly notify each Lender of such Lender’s Commitment Percentage of the Borrowing requested thereby. Each Lender with
a Revolving Loan Commitment will fund its Commitment Percentage of Borrowings of Revolving Loans to Agent at Agent’s account specified on its signature page hereto, or to such other account as Agent may designate in writing, no later than 1:00
p.m. (Chicago time) on the scheduled Borrowing date. 
 (b) Unless the Agent shall have received notice from a Lender on the Restatement
Effective Date or, with respect to each Borrowing after the Restatement Effective Date by 12:00 p.m. (Chicago time) on the date of any proposed Borrowing, that such Lender will not make available to the Agent as and when required hereunder for the
account of the Borrower the amount of such Lender’s Commitment Percentage of the proposed Borrowing, the Agent may assume that each Lender has made such amount available to the Agent in immediately available funds on the applicable Borrowing
date and the Agent may (but shall not be so required), in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If and to the extent any Lender shall not have made its full amount available to the Agent
in immediately available funds and the Agent in such circumstances has made available to the Borrower such amount, that Lender shall on the next Business Day following the date of such Borrowing make such amount available to the Agent, together with
interest at the Federal Funds 

  

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Rate for and determined as of each day during such period. A notice of the Agent submitted to any Lender with respect to amounts owing under this subsection
1.11(b) shall be conclusive, absent manifest error. If such amount is so made available, such payment to the Agent shall constitute such Lender’s Loan on the date of Borrowing for all purposes of this Agreement. If such amount is not made
available to the Agent on the next Business Day following the date of such Borrowing, the Agent shall notify the Borrower of such failure to fund and, upon demand by the Agent, the Borrower shall pay such amount to the Agent for the Agent’s
account, together with interest thereon for each day elapsed since the date of such Borrowing, at a rate per annum equal to the interest rate applicable at the time to the Loans comprising such Borrowing. 
 (c) The failure of any Lender to make any Loan on any date of Borrowing shall not relieve any other Lender of any obligation hereunder to make a Loan on
the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on the date of any Borrowing. Without limiting the generality of the foregoing, each Lender shall be
obligated to fund its Commitment Percentage of any Revolving Loan made after any acceleration of the Obligations with respect to any draw on any Lender Letter of Credit or any payment made under any Letter of Credit Participation Agreement.

 (d) Provided that such Lender has made all payments required to be made by it under this Agreement, the Agent will pay to such Lender, by
wire transfer to such Lender’s account (as specified by such Lender on such Lender’s respective signature page to this Agreement or the applicable Assignment and Acceptance) such Lender’s Commitment Percentage of principal, interest,
Commitment Fees and Letter of Credit Participation Fees, in each instance, received by Agent, promptly after Agent’s receipt thereof. 
 (e) Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Lenders hereunder that the Borrower will not make such payment in full as and when required hereunder, the Agent may
assume that the Borrower has made such payment in full to the Agent on such date in immediately available funds and the Agent may (but shall not be so required), in reliance upon such assumption, cause to be distributed to each Lender on such due
date an amount equal to the amount then due such Lender. If the Agent pays an amount to a Lender under this Agreement in the belief or expectation that a related payment has been or will be received by the Agent from the Borrower and such related
payment is not received by the Agent, the Agent shall be entitled to recover such amount from such Lender, and such Lender shall repay to Agent on demand such amount, together with interest thereon for each day from the date such amount is
distributed to such Lender until the date such Lender repays such amount to the Agent, at the Federal Funds Rate, without setoff, recoupment, counterclaim or deduction of any kind. If the Agent determines at any time that any amount received by the
Agent under this Agreement must be returned to the Borrower or paid to any other Person pursuant to any solvency, fraudulent conveyance or similar law or otherwise, then, notwithstanding any other term or condition of this Agreement, the Agent will
not be required to distribute any portion of such payment to any Lender. In addition, each Lender will repay to the Agent on demand any portion of such amount that the Agent has distributed to such Lender, together with interest thereon at such
rate, if any, as the Agent is required to pay to the Borrower or such other Person, without setoff, recoupment, counterclaim or deduction of any kind. 
  

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 ARTICLE II - CONDITIONS PRECEDENT 
 2.1 Conditions of Effectiveness. The effectiveness of this Agreement and the obligation of each Lender to make Loans and of the Agent (or
Affiliate of the Agent) to issue Lender Letters of Credit or Letter of Credit Participation Agreements hereunder is subject to the condition that the Agent shall have received on or before the Restatement Effective Date all of the following, in form
and substance reasonably satisfactory to the Agent and each Lender and (except for the Notes and any instruments or documents which are Pledged Collateral) in sufficient counterparts for each Lender, duly executed by all parties thereto: 

(a) Credit Agreement and Notes. This Agreement executed by the Borrower, the Agent and each of the Lenders, and the Notes executed by the
Borrower; 
 (b) Secretary’s Certificates; Resolutions; Incumbency. A certificate of the Secretary or Assistant Secretary (or
other authorized officer reasonably acceptable to the Agent) of Holdings, the Borrower, and each Subsidiary of the Borrower which is a party to any Loan Document, certifying: 
 (i) the names and true signatures of the officers of Holdings, the Borrower and each such Subsidiary authorized to execute, deliver and
perform, as applicable, this Agreement, and all other Loan Documents to be delivered hereunder; and 
 (ii) copies of the
resolutions of the board of directors or other governing body of Holdings, the Borrower and each such Subsidiary approving and authorizing the execution, delivery and performance, as applicable, by Holdings, the Borrower or such Subsidiary of this
Agreement and the other Loan Documents to be executed or delivered by it hereunder; 
 (c) Organization Documents and Good Standing.
Each of the following documents: 
 (i) the Organization Documents of Holdings, the Borrower and each Subsidiary of the
Borrower, as such Organization Documents are in effect on the Restatement Effective Date, certified by the Secretary of State (or similar, applicable Governmental Authority) of the state of incorporation or formation of Holdings, the Borrower or
such Subsidiary as of a recent date, if and as applicable, all certified by the Secretary or Assistant Secretary (or other authorized officer reasonably acceptable to the Agent) of Holdings, the Borrower or such Subsidiary as of the Restatement
Effective Date; and 
 (ii) a good standing and, if available, tax good standing certificate for Holdings, the Borrower and
each Subsidiary of the Borrower from the Secretary of State (or similar, applicable Governmental Authority) of its state of incorporation or formation, as applicable, and each state where Holdings, Borrower or such Subsidiary is qualified to do
business as a foreign entity as of a recent date; 
 (d) Collateral Documents. The Collateral Documents, to the extent not previously
delivered to the Agent under the Original Credit Agreement, executed by Holdings, the Borrower or any Subsidiary of the Borrower, as applicable, in appropriate form for recording, where 

  

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necessary, together with (to the extent not previously delivered to the Agent under the Original Credit Agreement): 
 (i) acknowledgment copies of all uniform commercial code financing statements filed, registered or recorded to perfect the security
interests of the Agent, for the benefit of Agent and the Lenders, granted pursuant to the Collateral Documents, or other evidence reasonably satisfactory to the Agent that there has been filed, registered or recorded all financing statements and
other filings, registrations and recordings reasonably necessary and advisable to perfect the Liens of the Agent, for the benefit of Agent and the Lenders, granted pursuant to the Collateral Documents, in accordance with applicable law; 

(ii) uniform commercial code financing statement, federal and state tax lien, pending litigation, and judgment searches as the Agent
shall have reasonably requested of Holdings and the Borrower, its Subsidiaries, and such other Persons as Agent may reasonably request, and such termination statements, releases or other documents as may be reasonably necessary to confirm that the
Collateral is subject to no other Liens in favor of any Persons (other than Permitted Liens); 
 (iii) all certificates and
instruments representing the Pledged Collateral, irrevocable proxies and stock transfer powers executed in blank or other executed endorsements reasonably satisfactory to the Agent, with signatures guaranteed as the Agent may reasonably require;

 (iv) evidence that all other actions reasonably necessary or, in the reasonable opinion of the Agent, desirable to perfect
and protect the Liens created by the Collateral Documents have been taken; 
 (v) funds sufficient to pay any filing or
recording tax or fee in connection with any and all uniform commercial code financing statements and, if applicable, the Mortgages, or amendments thereto, all title insurance premiums, documentary stamp or intangible taxes, recording fees and
mortgage taxes payable in connection with the recording of any Mortgage, amendment thereto, or filing of any uniform commercial code financing statements or the issuance of the title insurance policies (whether due on the Restatement Effective Date
or in the future) including sums due in connection with any future advances; 
 (vi) with respect to each parcel of real
Property in respect of which there is delivered a Mortgage, if any (or, with respect to mortgagee policies of title insurance delivered in connection with the Original Credit Agreement, date down endorsements), an A.L.T.A. mortgagee policy of title
insurance or a binder issued by a title insurance company reasonably satisfactory to the Agent insuring (or undertaking to insure, in the case of a binder) that the Mortgage creates and constitutes a valid first Lien against such real Property in
favor of the Agent, for the benefit of the Agent and the Lenders, in an amount and subject only to exceptions reasonably acceptable to the Agent, with such endorsements and affirmative insurance as the Agent may reasonably request; 
  

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 (vii) if reasonably required by the Agent, flood insurance and earthquake insurance on
terms reasonably satisfactory to the Agent; 
 (viii) current A.L.T.A. surveys and surveyor’s certifications as to all
real Property in respect of which there is delivered a Mortgage, if any, each in form and substance reasonably satisfactory to the Agent; and 
 (ix) such consents, estoppels, subordination agreements and other documents and instruments executed by landlords, tenants and other Persons party to material contracts relating to any Collateral as to which the Agent
shall be granted a Lien for the benefit of Agent and the Lenders, as reasonably requested by the Agent; 
 (e) Legal Opinions. Such
opinions of counsel to Holdings, Borrower and its Subsidiaries, in each instance addressed to Agent and the Lenders, and opinions of counsel to Holdings, Borrower and its Subsidiaries in connection with the consummation of the transactions
contemplated by the Subordinated Loan Agreement with reliance language in favor of the Agent and the Lenders, in each case, in form and substance reasonably satisfactory to Agent; 
 (f) Payment of Fees. The Borrower shall have paid all accrued and unpaid fees, costs and expenses to the extent then due and payable on the
Restatement Effective Date, together with Attorney Costs of the Agent; 
 (g) Certificate. A certificate signed on behalf of Borrower
by a Responsible Officer, dated as of the Restatement Effective Date, stating that: 
 (i) the representations and warranties
contained in Article III hereof are true and correct in all material respects on and as of such date, as though made on and as of such date; and 
 (ii) no Default or Event of Default exists or would result from the consummation of the transactions contemplated hereby. 
 (h) Financial Statements. Copies of all of the financial statements and projections of the Borrower and its Subsidiaries referred to in Section 3.11 together with a pro forma balance sheet giving effect to
the transactions contemplated hereby and by the Related Agreements, including, without limitation, the Restatement Effective Date Transactions, certified on behalf of Borrower by a Responsible Officer; 
 (i) Insurance Policies. Standard lenders’ or mortgagees’ (as applicable) loss payable endorsements in favor of the Agent, for the
benefit of Agent and Lenders, with respect to the insurance policies or other instruments or documents evidencing insurance coverage on the properties of the Borrower and its Subsidiaries in accordance with Section 4.6 and endorsements to all
liability insurance policies naming the Agent and the Lenders as additional insureds thereunder; 
 (j) Borrowing Base Certificate. A
duly completed Borrowing Base Certificate setting forth the Borrowing Base as of a date not more than thirty (30) days prior to the Restatement Effective Date. No more than $4,750,000 in Revolving Loans shall be outstanding 

  

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on the Restatement Effective Date, and after giving effect to the funding (or deemed funding) of all Loans on the Restatement Effective Date, the
consummation of the Restatement Effective Date Transactions and payment of all costs and expenses in connection therewith, Availability is not less than $5,000,000; 
 (k) Restatement Effective Date Transactions. The Borrower shall have delivered evidence to the satisfaction of the Agent and each Lender that the Restatement Effective Date Transactions shall have been
consummated or shall be consummated simultaneously with the funding (or deemed funding) of all Loans on the Restatement Effective Date; 
 (l) Subordination Agreement. The Subordination Agreement, executed by the parties thereto, in form and substance acceptable to the Agent; 
 (m) Related Transactions. The Related Transactions shall have closed in the manner contemplated by the Related Agreements and shall otherwise be in form and substance reasonably satisfactory to the Agent and,
after giving effect to the Related Transactions, (i) there shall be not more than $25,100,000 of funded Subordinated Indebtedness, (ii) not less than $10,000,000 in cash equity capital shall have been contributed to Holdings, and
(iii) Holdings shall have contributed not less than $10,000,000 in cash to the capital of the Borrower. The Agent shall have received executed copies of the Related Agreements certified by a Responsible Officer as true, correct and complete;

 (n) EBITDA and Leverage. Borrower shall have delivered evidence to the satisfaction of Agent and each Lender demonstrating that
(i) adjusted EBITDA of Borrower for the twelve month period ended December 31, 2005 shall be not less than $23,000,000, (ii) the ratio of (x) the total Indebtedness of the Borrower as of, and after giving effect to the funding
(or deemed funding) of all Loans on the Restatement Effective Date, the consummation of the Related Transactions and the payment of all costs and expenses in connection therewith, to (y) adjusted EBITDA of the Borrower for the twelve month
period ended December 31, 2005 shall be not greater than 4.40 to 1.00; and (iii) the ratio of (x) total Indebtedness of the Borrower less Subordinated Indebtedness of the Borrower, in each instance, as of, and after giving effect to
the funding (or deemed funding) of all Loans on the Restatement Effective Date, the consummation of the Related Transactions and the payment of all costs and expenses in connection therewith, to (y) adjusted EBITDA of the Borrower for the
twelve month period ended December 31, 2005 shall be not greater than 3.25 to 1.00; and 
 (o) Other Documents. Such other
approvals, opinions, documents or materials as the Agent or any Lender may reasonably request. 
 2.2 Conditions to All Borrowings.
The obligation of each Lender to make any Loan and of the Agent (or Affiliate of the Agent) to issue any Lender Letter of Credit or Letter of Credit Participation Agreement, or to continue a Loan as, or convert any Loan to, a LIBOR Rate Loan, is
subject to the satisfaction of the following conditions precedent on the relevant Borrowing date, continuation date, Conversion Date or issuance date: 
 (a) Notices of Borrowing, Swing Line Borrowing or Continuation/Conversion. The Agent shall have received (with, in the case of the Loans made on the Restatement Effective 

  

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Date only, a copy for each Lender) a Notice of Borrowing, a Notice of Swing Line Borrowing or a Notice of Continuation/Conversion, as applicable in
accordance with Section 1.5 or Section 1.6; 
 (b) Continuation of Representations and Warranties. The representations and
warranties made by the Borrower contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of such Borrowing date, continuation date, Conversion Date or issuance date, with the same effect
as if made on and as of such Borrowing date, continuation date, Conversion Date or issuance date (except to the extent such representations and warranties (i) expressly refer to an earlier date, in which case they shall be true and correct as
of such earlier date, (ii) are not true and correct due to events or conditions, the occurrence or existence of which are not prohibited by this Agreement or the other Loan Documents and which do not, in and of themselves, constitute a Default
or an Event of Default, or (iii) are qualified by materiality, contain dollar thresholds or have Material Adverse Effect qualifiers, in which case, such representations and warranties shall be true and correct in all respects); and 

(c) No Existing Default. No Default or Event of Default shall exist or shall result from such Borrowing, continuation, conversion or issuance.

 Each Notice of Borrowing, Notice of Swing Line Borrowing and Notice of Continuation/Conversion submitted by the Borrower hereunder shall
constitute a representation and warranty by the Borrower hereunder, as of the date of each such notice or application and as of the date of each Borrowing, continuation, conversion or issuance, as applicable, that the conditions in Section 2.2
are satisfied. 
 ARTICLE III - REPRESENTATIONS AND WARRANTIES 
 The Borrower represents and warrants to the Agent and each Lender that the following are, and after giving effect to the consummation of the Related
Transactions will be, true, correct and complete: 
 3.1 Corporate Existence and Power. Holdings, the Borrower and each of its
Subsidiaries: 
 (a) is a corporation, limited liability company or limited partnership, as applicable, duly organized, validly existing and
in good standing under the laws of the jurisdiction of its incorporation or formation, as applicable; 
 (b) has the power and authority and
all governmental licenses, authorizations, consents and approvals to (i) own its assets and carry on its business, (ii) execute, deliver, and perform its obligations under, the Loan Documents and the Related Agreements to which it is a
party and (iii) consummate the Restatement Effective Date Transactions; 
 (c) is duly qualified as a foreign corporation, limited
liability company or limited partnership, as applicable, and licensed and in good standing under the laws of each jurisdiction where its ownership, lease or operation of Property or the conduct of its business requires such qualification or license;
and 
  

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 (d) is in compliance with all Requirements of Law; 
 except, in each case referred to in clause (c) or clause (d), to the extent that the failure to do so could not reasonably be expected to have, either individually
or in the aggregate, a Material Adverse Effect. 
 3.2 Corporate Authorization; No Contravention. 
 (a) The execution, delivery and performance by the Borrower of this Agreement, and Holdings, the Borrower and its Subsidiaries of any other Loan Document
and Related Agreement to which such Person is party, and the consummation of the Restatement Effective Date Transactions, have been duly authorized by all necessary action, and do not and will not: 
 (i) contravene the terms of any of that Person’s Organization Documents; 
 (ii) conflict with or result in any material breach or contravention of, or the creation of any Lien (other than Liens in favor of Agent,
for the benefit of Agent and the Lenders) under, any document evidencing any material Contractual Obligation to which such Person is a party or any order, injunction, writ or decree of any Governmental Authority to which such Person or its Property
is subject; or 
 (iii) violate any material Requirement of Law in any material respect. 
 (b) Schedule 3.2 sets forth the authorized equity securities of each of Holdings, the Borrower and its Subsidiaries as of the Restatement
Effective Date after giving effect to the consummation of the Restatement Effective Date Transactions. After giving effect to the consummation of the Restatement Effective Date Transactions, all issued and outstanding equity securities of each of
Holdings, Borrower and its Subsidiaries are duly authorized and validly issued, fully paid, non-assessable, and free and clear of all Liens other than, with respect to the equity securities of Borrower and its Subsidiaries, those in favor of Agent,
for the benefit of Agent and Lenders, and such securities were issued in compliance with all applicable state and federal laws concerning the issuance of securities. All of the issued and outstanding capital stock of Panther Sub is owned by the
Borrower. As of the Restatement Effective Date, all of the issued and outstanding equity securities of Holdings are owned by the Persons and in the amounts set forth on Schedule 3.2. Except as set forth on Schedule 3.2, there are no
pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any shares of capital stock or other securities of Borrower, its Subsidiaries or, as of
the Restatement Effective Date, Holdings. 
 3.3 Governmental Authorization. No approval, consent, exemption, authorization, or other
action by, or notice to, or filing with, any Governmental Authority is necessary or required in connection with the execution, delivery or performance by, or enforcement against, Holdings, the Borrower or any of its Subsidiaries of this Agreement,
any other Loan Document or any Related Agreement except (a) for recordings and filings in connection with the Liens granted to the Agent under the Collateral Documents, (b) those obtained or made on or prior to the Restatement Effective
Date and (c) in the case of any other Related Agreement, those which, if not obtained or made, could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
  

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 3.4 Binding Effect. This Agreement and each other Loan Document and Related Agreement to which
Holdings, the Borrower or any of its Subsidiaries is a party constitute the legal, valid and binding obligations of Holdings, the Borrower and each Subsidiary which is a party thereto, enforceable against such Person in accordance with their
respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles. 
 3.5 Litigation. Except as specifically disclosed in Schedule 3.5, there are no actions, suits, proceedings, claims or disputes pending, or
to the knowledge of the Borrower, threatened, at law, in equity, in arbitration or before any Governmental Authority, against Holdings, the Borrower, or any of its Subsidiaries or any of their respective Properties which: 
 (a) purport to affect or pertain to this Agreement, any other Loan Document or Related Agreement, or any of the transactions contemplated hereby or
thereby; or 
 (b) if determined adversely to Holdings, Borrower or any of its Subsidiaries, could reasonably be expected to result in
equitable relief or monetary judgment(s), individually or in the aggregate, in excess of $500,000 (other than with respect to claims relating to ordinary course traffic accidents, to the extent covered by independent third-party insurance;
provided, that such third-party insurer has acknowledged coverage with respect thereto). 
 No injunction, writ, temporary restraining order or any
order of any nature has been issued by any court or other Governmental Authority purporting to enjoin or restrain the execution, delivery or performance of this Agreement, any other Loan Document or any Related Agreement, or directing that the
transactions provided for herein or therein not be consummated as herein or therein provided. 
 3.6 No Default. No Default or Event
of Default exists or would result from the incurring of any Obligations by the Borrower or the grant or perfection of the Agent’s Liens on the Collateral or the consummation of the Related Transactions. Neither Holdings, the Borrower nor any of
its Subsidiaries is in default under or with respect to any Contractual Obligation in any respect which, individually or together with all such defaults, could reasonably be expected to have a Material Adverse Effect or that would, if such default
had occurred after the Restatement Effective Date, create an Event of Default under subsection 7.1(e). 
 3.7 ERISA Compliance.

 (a) Schedule 3.7 lists all Qualified Plans and Multiemployer Plans. Borrower and each of its Subsidiaries is in compliance in all
respects with all requirements of each Plan, and each Plan complies in all respects, and is operated in compliance in all respects, with all applicable provisions of law, except to the extent such non-compliance would not reasonably be expected to
result in, either individually or in the aggregate, a Material Adverse Effect. Borrower is not aware, after due inquiry, of any item of non-compliance which would reasonably be expected to result in the loss of Plan qualification or tax-exempt
status, or which could not be corrected under any correction program of any Governmental Authority without resulting in a Material Adverse Effect, or which would give rise to an excise tax or other penalty imposed by a Governmental Authority that
would reasonably be expected to result in a Material Adverse 

  

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Effect. No proceeding, claim, lawsuit and/or investigation is pending concerning any Plan which would reasonably be expected to result in a Material Adverse
Effect. Except to the extent that it could not reasonably be expected to give rise to a material liability to Borrower or any of its Subsidiaries, all required contributions have been and will be made in accordance with the provisions of each
Qualified Plan and Multiemployer Plan, and with respect to Borrower or any ERISA Affiliate, there are, have been and will be no material Unfunded Pension Liabilities or Withdrawal Liabilities. 
 (b) No ERISA Event has occurred or is expected to occur with respect to any Qualified Plan, Multiemployer Plan or Plan that could reasonably be expected
to give rise to a material liability to Borrower or any of its Subsidiaries. 
 (c) Members of the Controlled Group currently comply and have
complied in all respects with the notice and continuation coverage requirements of Section 4980B of the Code, except such noncompliance as could not reasonably be expected to give rise to a material liability to Borrower or any of its
Subsidiaries. 
 (d) The expected post-retirement benefit obligation (determined as of the last day of the Borrower’s most recently
ended fiscal year in accordance with Financial Accounting Standards Board Statement No. 106, without regard to liabilities attributable to continuation coverage mandated by section 4980B of the Code) of the Borrower and its Subsidiaries is not
material. 
 3.8 Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the
purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. Neither the Borrower nor any of its Subsidiaries is generally engaged in the business of purchasing or selling
Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock. 
 3.9 Title to Properties. As of the Restatement Effective Date, neither the Borrower nor any of its Subsidiaries own any real Property. Except as
disclosed in Schedule 3.9, the Borrower and each of its Subsidiaries have valid leasehold interests in all real Property, and good and valid title to all owned personal property and valid leasehold interests in all leased personal property,
in each instance, necessary or used in the ordinary conduct of their respective businesses. The Property of the Borrower and its Subsidiaries is subject to no Liens, other than Permitted Liens. 
 3.10 Taxes. Except as disclosed in Schedule 3.10, the Borrower and its Subsidiaries have filed all Federal income and other material tax
returns and reports required to be filed, and have paid all Federal income and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their Properties, income or assets otherwise due and payable, except
those which are being contested in good faith by appropriate proceedings diligently prosecuted and for which adequate reserves have been provided in accordance with GAAP and no notice of Lien has been filed or recorded. There is no proposed tax
assessment against the Borrower or any of its Subsidiaries which would, if the assessment were made, either individually or in the aggregate, have a Material Adverse Effect. 
  

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 3.11 Financial Condition. 
 (a) Each of (i) the audited consolidated balance sheet of Panther and its Subsidiaries dated December 31, 2004, and the related audited
consolidated statements of income or operations, shareholders’ equity and cash flows for the fiscal year ended on that date and (ii) the unaudited interim consolidated balance sheet of the Borrower and its Subsidiaries dated
November 30, 2005 (and, to the extent available, December 31, 2005) and the related unaudited consolidated statements of income, shareholders’ equity and cash flows for the eleven (11) months (and twelve (12) months, as
applicable) then ended: 
 (x) were prepared in accordance with GAAP consistently applied throughout the respective periods
covered thereby, except as otherwise expressly noted therein, subject to, in the case of the unaudited interim financial statements, normal year-end adjustments and the lack of footnote disclosures; and 
 (y) present fairly in all material respects the consolidated financial condition of (1) Panther and its Subsidiaries, in the case of
clause (i) of this subsection 3.1 l(a), or (2) the Borrower and its Subsidiaries, in the case of clause (ii) of this subsection 3.11 (a), in each case, as of the dates thereof and results of operations for the periods covered thereby.

 (b) Since December 31, 2004 there has been no Material Adverse Effect. 
 (c) Borrower and its Subsidiaries have no Indebtedness other than Indebtedness permitted pursuant to Section 5.5 and have no Contingent Obligations
other than Contingent Obligations permitted pursuant to Section 5.9. 
 (d) The projections for Holdings, Borrower and its Subsidiaries
for the period January 1, 2005 through December 31, 2010 heretofore delivered to Agent represent the Borrower’s good faith estimate of future financial performance and are based on assumptions believed by the Borrower to be fair and
reasonable in light of current market conditions; provided, the Borrower can give no assurances that such projections will be attained. 
 3.12 Environmental Matters. 
 (a) The on-going operations of the Borrower and each of its Subsidiaries comply in all
respects with all Environmental Laws, except as would not reasonably be expected to result in, either individually or in the aggregate, a Material Adverse Effect. 
 (b) The Borrower and each of its Subsidiaries have obtained all licenses, permits, authorizations and registrations required under any Environmental Law (“Environmental Permits”) and necessary for their
respective Ordinary Course of Business, all such Environmental Permits are in good standing and in full force and effect, and the Borrower and each of its Subsidiaries are in compliance with all material terms and conditions of such Environmental
Permits, except where the failure to obtain, to maintain in good standing and in full force and effect, or to be in compliance with such Environmental Permits would not reasonably be expected to result in material liability to the Borrower or any of
its Subsidiaries 

  

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and could not reasonably be expected to result in, either individually or in the aggregate, a Material Adverse Effect. 
 (c) None of the Borrower, any of its Subsidiaries or any of their respective present Property or operations, is subject to any outstanding written order
from or agreement with any Governmental Authority, nor subject to any judicial or docketed administrative proceeding, respecting non-compliance with any Environmental Law, any Environmental Claim or any Hazardous Material. 
 (d) There are no Hazardous Materials or other conditions or circumstances existing with respect to any Property, or arising from operations prior to the
Restatement Effective Date, of the Borrower or any of its Subsidiaries, that would reasonably be expected to result, either individually or in the aggregate, in a Material Adverse Effect. In addition, neither the Borrower nor any of its Subsidiaries
has any underground storage tanks (i) that are not properly registered or permitted under applicable Environmental Laws, or (ii) that are leaking or disposing of Hazardous Materials, the result of which would reasonably be expected to
result, either individually or in the aggregate, in a Material Adverse Effect. 
 3.13 Collateral Documents. All representations and
warranties of Holdings, the Borrower or any of its Subsidiaries and any other party to any Collateral Document (other than the Agent and/or any Lender) contained in the Collateral Documents are true and correct in all material respects. 

3.14 Regulated Entities. None of the Borrower, any Person controlling the Borrower, or any Subsidiary of the Borrower, is (a) an
“investment company” within the meaning of the Investment Company Act of 1940; or (b) subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, any state public
utilities code, or any other Federal or state statute or regulation limiting its ability to incur Indebtedness. 
 3.15 Solvency. Each
of Holdings and the Borrower, individually, is and the Borrower and its Subsidiaries, on a consolidated basis, are, Solvent. 
 3.16 Labor
Relations. There are no strikes, lockouts or other labor disputes against the Borrower or any of its Subsidiaries, or, to the best of the Borrower’s knowledge, threatened against or affecting the Borrower or any of its Subsidiaries, in any
case which would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect and no significant unfair labor practice complaint is pending against the Borrower or any of its Subsidiaries or, to the best
knowledge of the Borrower, threatened against any of them before any Governmental Authority in any case which would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
 3.17 Copyrights, Patents, Trademarks and Licenses, etc. Schedule 3.17 identifies all registrations and applications for registration of any
United States and foreign patents, trademarks, service marks, trade names and copyrights, and all licenses thereof, owned or held by Borrower or any of its Subsidiaries on the Restatement Effective Date, and identifies the jurisdictions in which
such registrations and applications have been filed. Except as otherwise 

  

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disclosed in Schedule 3.17, as of the Restatement Effective Date, Borrower and its Subsidiaries are the sole beneficial owners of, or have the right
to use, free from any Liens, restrictions or burdens, the intellectual property identified on Schedule 3.17 and all other processes, designs, formulas, computer programs, computer software packages, trade secrets, inventions, product
manufacturing instructions, technology, research and development, know-how and all other intellectual property that are necessary for the operation of Borrower’s and its Subsidiaries’ businesses as being operated on the Restatement
Effective Date, except to the extent any such failure will not and would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. Each patent, trademark, service mark, trade name, copyright and license
listed on Schedule 3.17 is in full force and effect except to the extent the failure to be in effect will not and would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. Except as set
forth in Schedule 3.17, to the best knowledge of Borrower, as of the Restatement Effective Date (a) none of the present or contemplated products or operations of Borrower or its Subsidiaries infringes any patent, trademark, service mark,
trade name, copyright, license of intellectual property or other right owned by any other Person, and (b) there is no pending or threatened claim or litigation against or affecting Borrower or any of its Subsidiaries contesting the right of any
of them to manufacture, process, sell or use any such product or to engage in any such operation except for infringements, claims and/or litigation which will not and could not reasonably be expected to have a Material Adverse Effect. None of the
trademark applications set forth on Schedule 3.17 is an “intent-to-use” application. 
 3.18 Subsidiaries. The Borrower has
no Subsidiaries or equity investments in any other corporation or entity other than those specifically disclosed in Schedule 3.2. 
 3.19 Brokers’ Fees; Transaction Fees. Except as disclosed in Schedule 3.19 and except for fees payable to the Agent and the Lenders, neither the Borrower nor any of its Subsidiaries has any obligation to any Person in
respect of any finder’s, broker’s or investment banker’s fee in connection with the transactions contemplated hereby. 
 3.20
Insurance. The Borrower and each of its Subsidiaries and their respective Properties are insured with financially sound and reputable insurance companies, and which are not Affiliates of the Borrower, in such amounts, with such deductibles
and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar Properties in localities where the Borrower or such Subsidiary operates. A true and complete listing of such insurance, including
issuers, coverages and deductibles, has been provided to the Agent. 
 3.21 Full Disclosure. None of the representations or warranties
made by the Borrower or any of its Subsidiaries in the Loan Documents as of the date such representations and warranties are made or deemed made, and none of the statements contained in each exhibit, report, statement or certificate furnished by or
on behalf of the Borrower or any of its Subsidiaries in connection with the Loan Documents (including, as of the respective dates thereof, the offering and disclosure materials, if any, delivered by or on behalf of the Borrower to the Lenders prior
to the Restatement Effective Date), taken as a whole, contains any untrue statement of a material fact or omits any material fact required to be stated therein or necessary 

  

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to make the statements made therein, in light of the circumstances under which they are made, not misleading as of the time when made or delivered.

 3.22 Certain Other Representations and Warranties. As of the (a) Original Closing Date and any other date on which
representations and warranties are otherwise remade or deemed remade thereunder, (i) each of the representations and warranties contained in the Panther Purchase Agreement made by Holdings and Acquisition Co. is true and correct, and
(ii) to the knowledge of the Borrower, each of the representations and warranties contained in the Panther Purchase Agreement made by Persons other than Holdings and Acquisition Co. is true and correct and (b) Restatement Effective Date
and any other date on which representations and warranties are otherwise remade or deemed remade thereunder, each of the representations and warranties contained in the Subordinated Indebtedness Documents made by Holdings and the Borrower is true
and correct. The Borrower agrees that, by this reference, such representations and warranties contained in the Panther Purchase Agreement and in the Subordinated Indebtedness Documents, without limiting any of the representations and warranties
otherwise contained herein or in any other Loan Document, hereby are incorporated herein, mutatis mutandis, for the benefit of the Agent and each Lender. 
 3.23 Foreign Assets Control Regulations and Anti-Money Laundering. 
 (a) OFAC. Neither
Holdings, Borrower nor any Subsidiary of Holdings (i) is a person whose property or interest in property is blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and
Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)), (ii) engages in any dealings or transactions prohibited by Section 2 of such executive order, or is otherwise
associated with any such person in any manner violative of Section 2, or (iii) is a person on the list of Specially Designated Nationals and Blocked Persons or subject to the limitations or prohibitions under any other U.S. Department of
Treasury’s Office of Foreign Assets Control regulation or executive order. 
 (b) Patriot Act. Holdings and each of its
Subsidiaries are in compliance, in all material respects, with the Patriot Act. No part of the proceeds of the Loans will be used, directly or indirectly, for any payments to any governmental official or employee, political party, official of a
political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977,
as amended. 
 3.24 Material Contracts. Schedule 3.24 accurately and completely lists all Material Contracts to which any of
Holdings, Borrower or its Subsidiaries is a party that are in effect on the Restatement Effective Date in connection with the operation of the business conducted thereby and Borrower has delivered to the Agent complete and correct copies of all such
Material Contracts, including any amendments, supplements or modifications with respect thereto. 
  

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 ARTICLE IV - AFFIRMATIVE COVENANTS 
 The Borrower covenants and agrees that, so long as any Lender shall have any Commitment hereunder, or any Loan or other Obligation (other than contingent
indemnification Obligations to the extent no claim giving rise thereto has been asserted) shall remain unpaid or unsatisfied, unless the Required Lenders waive compliance in writing: 
 4.1 Financial Statements. The Borrower shall maintain, and shall cause each of its Subsidiaries to maintain, a system of accounting established
and administered in accordance with sound business practices to permit the preparation of financial statements in conformity with GAAP (provided that monthly financial statements shall not be required to have footnote disclosure and are subject to
normal year-end adjustments). The Borrower shall deliver to the Agent and each Lender in electronic form and in detail reasonably satisfactory to the Agent and the Required Lenders: 
 (a) as soon as available, but not later than one hundred twenty (120) days after the end of each fiscal year, a copy of the audited consolidated and
consolidating balance sheets of Borrower and its Subsidiaries as at the end of such year and the related consolidated and consolidating statements of income or operations, shareholders’ equity and cash flows for such fiscal year, setting forth
in each case in comparative form the figures for the previous fiscal year, and accompanied by the unqualified opinion of any “Big Four” or other nationally-recognized independent public accounting firm reasonably acceptable to the Agent
(provided, that solely with respect to such opinion for the fiscal year ending December 31, 2005, in setting forth in comparative form the figures for the fiscal year ending December 31, 2004 in such opinion, such “Big Four” or
other nationally-recognized independent public accounting firm shall be entitled to rely upon, and such opinion may be qualified by reference to, the audited consolidated and consolidating balance sheets of Borrower and its Subsidiaries as at the
end of December 31, 2004 and the related consolidated and consolidating statements of income or operations, shareholders’ equity and cash flows for such fiscal year that have been prepared by Moore, Stephens Apple), which report shall
state that such consolidated financial statements present fairly in all material respects the financial position for the periods indicated in conformity with GAAP applied on a basis consistent with prior years; and 
 (b) as soon as available, but not later than thirty (30) days after the end of each fiscal month, a copy of the unaudited consolidated balance sheet
of the Borrower and its Subsidiaries, and the related consolidated statements of income, shareholders’ equity and cash flows as of the end of such month and for the portion of the fiscal year then ended, all certified on behalf of Borrower by
an appropriate Responsible Officer as being complete and correct and fairly presenting, in accordance with GAAP, the financial position and the results of operations of the Borrower and the Subsidiaries, subject to normal year-end adjustments and
absence of footnote disclosure. 
 4.2 Certificates; Borrowing Base Certificates; Other Information. The Borrower shall furnish, in
electronic form, to the Agent, Swing Line Lender and each Lender: 
 (a) intentionally omitted; 
  

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 (b) concurrently with the delivery of the financial statements referred to in subsections 4.1(a) and
4.1(b) above, a fully and properly completed Compliance Certificate in the form of Exhibit 4.2(b), certified on behalf of Borrower by a Responsible Officer; 
 (c) promptly after the same are sent, copies of all financial statements and reports which Holdings or the Borrower sends to its shareholders or other equity holders, as applicable, generally; and promptly after the
same are filed, copies of all financial statements and regular, periodic or special reports which Holdings or the Borrower may make to, or file with, the Securities and Exchange Commission or any successor or similar Governmental Authority;

 (d) as soon as available and in any event within ten (10) days after the end of each calendar month, and at such other times as the
Agent may reasonably require, a Borrowing Base Certificate, certified on behalf of Borrower by a Responsible Officer, setting forth the Borrowing Base of Borrower as at the end of the most-recently ended fiscal month or as at such other date as the
Agent may reasonably require; 
 (e) (i) as soon as available, but not later than forty-five (45) days after the end of each fiscal
quarter, a management report, in reasonable detail, signed by the chief financial officer or controller of the Borrower, describing the operations and financial condition of the Borrower and its Subsidiaries for the quarter and the portion of the
fiscal year then ended (or for the fiscal year then ended in the case of annual financial statements), and (ii) together with each delivery of financial statements pursuant to subsection 4.1(a) and (b), a report setting forth in
comparative form the corresponding figures for the corresponding periods of the previous fiscal year and the corresponding figures from the most recent projections for the current fiscal year delivered pursuant to subsection 4.2(g) and discussing
the reasons for any significant variations; 
 (f) upon the request of the Agent, at any time if an Event of Default shall have occurred and
be continuing but otherwise not more often than once a year, the Borrower will obtain and deliver to the Agent a report of an independent collateral auditor satisfactory to the Agent with respect to the Accounts and Inventory, which report shall
indicate whether or not the information set forth in the Borrowing Base Certificate most recently delivered is accurate and complete in all material respects; 
 (g) as soon as available and in any event no later than the earlier of (i) thirty (30) days following the first day of each fiscal year of the Borrower and (ii) ten (10) days after the same shall
have been approved by the board of directors of the Borrower, projections of the Borrower’s (and its Subsidiaries’) consolidated and consolidating financial performance for the forthcoming fiscal year on a month by month basis; 

(h) annually, concurrently with the Borrower’s delivery of the projections under subsection 4.2(g), the Borrower shall supplement in writing and
deliver to the Agent revisions of and supplements to the Schedules hereto related to Article III hereof to the extent necessary to disclose new or changed facts or circumstances after the Restatement Effective Date; provided that delivery or
receipt of such subsequent disclosure shall not constitute a waiver by the Agent or any Lender or a cure of any Default or Event of Default resulting in connection with the matters disclosed; 
  

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 (i) promptly upon receipt thereof, copies of any reports submitted by the Borrower’s certified
public accountants in connection with each annual, interim or special audit or review of any type of the financial statements or internal control systems of the Borrower made by such accountants, including any comment letters submitted by such
accountants to management of the Borrower in connection with their services; 
 (j) from time to time, if the Agent determines in good faith
that obtaining appraisals is necessary in order for the Agent or any Lender to comply with applicable laws or regulations, and at any time if an Event of Default shall have occurred and be continuing, the Agent may, or may require the Borrower to,
in either case at the Borrower’s expense, obtain appraisals in form and substance and from appraisers reasonably satisfactory to the Agent stating the then current fair market value of all or any portion of the real or personal property of the
Borrower or any of its Subsidiaries; 
 (k) promptly from time to time, copies of all material notices, reports and certificates received or
given by Holdings, the Borrower or any of its Subsidiaries under the Subordinated Loan Agreement; 
 (1) promptly from time to time, copies
of any material notices or other deliveries from time to time made or received by Holdings, the Borrower or any of its Subsidiaries under or pursuant to the Panther Purchase Agreement, including, without limitation, post-closing deliveries in
connection with any material indemnification claims and disbursements of any escrowed funds in accordance with the Panther Purchase Agreement; 
 (m) the occurrence of a “Default” or an “Event of Default” under the Subordinated Indebtedness Documents; and 
 (n) promptly, such additional business, financial, corporate affairs, perfection certificates and other information as the Agent may from time to time reasonably request. 
 4.3 Notices. The Borrower shall notify promptly the Agent, Swing Line Lender and each Lender of each of the following (and in no event later than
five (5) Business Days after a Responsible Officer becoming aware thereof): 
 (a) the occurrence or existence of any Default or Event
of Default, or any event or circumstance that will become a Default or Event of Default; 
 (b) any breach or non-performance of, or any
default under, any Contractual Obligation of the Borrower or any of its Subsidiaries, or any violation of, or non-compliance with, any Requirement of Law, which could reasonably be expected to result, either individually or in the aggregate, in a
Material Adverse Effect, including a description of such breach, non- performance, default, violation or non-compliance and the steps, if any, the Borrower or such Subsidiary has taken, is taking or proposes to take in respect thereof; 

(c) any dispute, litigation, investigation, proceeding or suspension which may exist at any time between the Borrower or any of its Subsidiaries and
any Governmental Authority which could reasonably be expected to result, either individually or in the aggregate, in a Material Adverse Effect; 
  

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 (d) the commencement of, or any material development in, any litigation or proceeding affecting the
Borrower or any of its Subsidiaries (i) in which the amount of damages claimed is $500,000 (or its equivalent in another currency or currencies) or more (other than with respect to claims relating to ordinary course traffic accidents, to the
extent covered by independent third-party insurance; provided, that such third-party insurer has acknowledged coverage with respect thereto), (ii) in which injunctive or similar relief is sought and which, if adversely determined, would
reasonably be expected to have a Material Adverse Effect, or (iii) in which the relief sought is an injunction or other stay of the performance of this Agreement, any Loan Document or any Related Agreement; 
 (e) any of the following if the same would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect:
(i) any enforcement, cleanup, removal or other governmental or regulatory actions instituted, completed or threatened against the Borrower or any of its Subsidiaries or any of their respective Properties pursuant to any applicable Environmental
Laws, (ii) any other Environmental Claims, and (iii) any environmental or similar condition on any real property adjoining the Property of the Borrower or any Subsidiary of the Borrower that could reasonably be anticipated to cause
Borrower’s or any of its Subsidiaries’ Property or any part thereof to be subject to any material restrictions on the ownership, occupancy, transferability or use of such Property under any Environmental Laws; 
 (f) any of the following if the same would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect, together
with a copy of any notice with respect to such event that was required, on or before the date of such notice, to be filed with a Governmental Authority and any notice delivered by a Governmental Authority to the Borrower or any member or its
Controlled Group with respect to such event: 
 (i) an ERISA Event; 
 (ii) the adoption of any new Qualified Plan that is subject to Title IV of ERISA or Section 412 of the Code by any member of the
Controlled Group; 
 (iii) the adoption of any amendment to a Qualified Plan that is subject to Title IV of ERISA or
Section 412 of the Code, if such amendment results in a material increase in benefits or unfunded liabilities, except to the extent any such amendment is required by law; or 
 (iv) the commencement of contributions by any member of the Controlled Group to any Multiemployer Plan or any Qualified Plan that is
subject to Title IV of ERISA or Section 412 of the Code; 
 (g) any Material Adverse Effect subsequent to the date of the most recent
audited financial statements of the Borrower delivered to the Agent and Lenders pursuant to this Agreement; 
 (h) any material change in
accounting policies or financial reporting practices by the Borrower or any of its Subsidiaries; 
  

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 (i) any labor controversy resulting in or threatening to result in any strike, work stoppage, boycott,
shutdown or other labor disruption against or involving the Borrower or any of its Subsidiaries if the same would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect; and 
 (j) the creation, establishment or acquisition of any Subsidiary or the issuance by the Borrower of any capital stock or warrant, option or similar
agreement in respect thereof. 
 Each notice pursuant to this Section shall be in electronic form accompanied by a statement by a Responsible Officer on
behalf of Borrower setting forth details of the occurrence referred to therein, and stating what action the Borrower proposes to take with respect thereto and at what time. Each notice under subsection 4.3(a) shall describe with particularity any
and all clauses or provisions of this Agreement or other Loan Document that have been breached or violated in reasonable detail the nature of the Default or Event of Default. 
 4.4 Preservation of Corporate Existence, Etc. The Borrower shall, and shall cause each of its Subsidiaries to: 
 (a) preserve and maintain in full force and effect its organizational existence and good standing under the laws of its state or jurisdiction of
incorporation, organization or formation as applicable, except, with respect to the Borrower’s Subsidiaries, in connection with transactions permitted by Section 5.3; 
 (b) preserve and maintain in full force and effect all rights, privileges, qualifications, permits, licenses and franchises necessary in the normal
conduct of its business except in connection with transactions permitted by Section 5.3 and sales of assets permitted by Section 5.2 and except as would not reasonably be expected to have, either individually or in the aggregate, a
Material Adverse Effect; 
 (c) use its reasonable efforts, in the Ordinary Course of Business, to preserve its business organization (except
as otherwise expressly permitted by this Agreement) and preserve the goodwill and business of the customers, suppliers and others having material business relations with it; and 
 (d) preserve or renew all of its registered trademarks, trade names and service marks, the non-preservation of which would reasonably be expected to
have, either individually or in the aggregate, a Material Adverse Effect. 
 4.5 Maintenance of Property. The Borrower shall maintain,
and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and
renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
  

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 4.6 Insurance. 
 (a) The Borrower shall maintain, and shall cause each of its Subsidiaries to maintain, with financially sound and reputable independent insurers, insurance with respect to its Properties and business against loss or
damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons, including workers’ compensation
insurance, public liability and property and casualty insurance, which amounts shall not be reduced by the Borrower or any of its Subsidiaries in the absence of thirty (30) days’ prior notice to the Agent, and business interruption
insurance (i) with respect to the one (1) year period following the Original Closing Date in an amount not less than $1,500,000, and (ii) thereafter, in such amounts as are proposed by the Borrower and agreed to by the Agent in
consultation with Agent’s insurance consultants; provided, that at no time shall such amount be less than $1,500,000. Such business interruption insurance shall cover lost Business Income (as hereinafter defined) as determined by a
currently valued comprehensive exposure analysis (business interruption worksheet), which takes into account each insured location where earnings are generated, prepared by the Borrower in connection with its obtaining such insurance and reviewed
and approved prior to the Original Closing Date and annually thereafter by Agent in consultation with Agent’s insurance consultants. “Business Income” means, for the Borrower and its Subsidiaries on a consolidated basis, the sum of
total net profit plus all operating expenses, including, without limitation, all payroll expenses, taxes, interest expenses and rent expenses. 
 (b) All property damage and casualty insurance shall name the Agent, for the benefit of Agent and Lenders, as loss payee/mortgagee, all liability insurance shall name the Agent and the Lenders as additional insureds and all business
interruption insurance shall name Agent, for the benefit of Agent and Lenders, as assignee. Upon request of the Agent or any Lender, the Borrower shall furnish the Agent, with sufficient copies for each Lender, at reasonable intervals (but not more
than once per calendar year) a certificate of a Responsible Officer on behalf of Borrower (and, if requested by the Agent, any insurance broker of the Borrower) setting forth the nature and extent of all insurance maintained by the Borrower and its
Subsidiaries in accordance with this Section 4.6. 
 (c) Unless Borrower provides Agent with evidence of the insurance coverage required
by this Agreement, Agent may purchase insurance at Borrower’s expense to protect Agent’s and Lenders’ interests in Borrower’s and its Subsidiaries’ properties. This insurance may, but need not, protect Borrower’s and
its Subsidiaries’ interests. The coverage that Agent purchases may not pay any claim that Borrower or any Subsidiary of Borrower makes or any claim that is made against Borrower or any Subsidiary of Borrower in connection with said property.
Borrower may later cancel any insurance purchased by Agent, but only after providing Agent with evidence that Borrower has obtained insurance as required by this Agreement. If Agent purchases insurance, Borrower will be responsible for the costs of
that insurance, including interest and any other charges Agent may impose in connection with the placement of insurance, until the effective date of the cancellation or expiration of the insurance. The costs of the insurance shall be added to the
Obligations. The costs of the insurance must be reasonable, but may be more than the cost of insurance Borrower may be able to obtain on its own. 
  

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 4.7 Payment of Obligations. The Borrower shall, and shall cause its Subsidiaries (and any Joint
Venture which is less than fifty percent (50%) owned by the Borrower or any of its Subsidiaries, if the Borrower or such Subsidiary is a general partner, or treated as a general partner, of such Joint Venture resulting in general liability to
the Borrower or such Subsidiary) to, pay, discharge and perform as the same shall become due and payable or required to be performed, all their respective obligations and liabilities, including: 
 (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good
faith by appropriate proceedings and for which adequate reserves in accordance with GAAP are being maintained by the Borrower or such Subsidiary; 
 (b) all lawful claims which, if unpaid, would by law become a Lien upon its Property unless the same are being contested in good faith by appropriate proceedings diligently prosecuted which stay the imposition or enforcement of the Lien and
for which adequate reserves in accordance with GAAP are being maintained by Borrower; 
 (c) all Indebtedness, as and when due and payable,
but subject to any subordination provisions contained herein and/or in any instrument or agreement evidencing such Indebtedness, the non-payment of which would constitute an Event of Default under subsection 7.1(e); and 
 (d) the performance of all obligations under any Contractual Obligation to which Borrower or any of its Subsidiaries is bound, or to which it or any of
its properties is subject, including the Related Agreements, except where the failure to perform would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
 4.8 Compliance with Laws. The Borrower shall comply, and shall cause each of its Subsidiaries to comply, in all material respects, with all
Requirements of Law of any Governmental Authority having jurisdiction over it or its business (including, without limitation, all Environmental Laws), except (a)(i) such as may be contested in good faith by appropriate proceedings diligently
prosecuted without risk of loss of any material portion of the Collateral, (ii) as to which a bona fide dispute exists, and (iii) for which appropriate reserves have been established on the Borrower’s financial statements, or
(b) where the failure to comply could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
 4.9 Inspection of Property and Books and Records. The Borrower shall maintain and shall cause each of its Subsidiaries to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP
consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Subsidiaries. The Borrower shall permit, and shall cause each of its Subsidiaries to permit, representatives and
independent contractors of the Agent (at the expense of the Borrower; provided that the Borrower shall be responsible for such expenses not more than one (1) time per year unless an Event of Default has occurred and is continuing), or any
Lender (at such Lender’s expense unless an Event of Default shall have occurred and be continuing), to visit and inspect any of their respective Properties, to examine their respective corporate, financial and operating 

  

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records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors,
officers, and independent public accountants, at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided, however, that the foregoing shall
not give rise to an independent right to conduct or cause to be conducted a collateral audit (it being agreed that subsection 4.2(f) hereof shall be the sole provision of this Agreement governing Agent and Lenders’ right to conduct such a
collateral audit); and provided, further, however, when an Event of Default exists the Agent or any Lender may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance
notice. 
 4.10 Use of Proceeds. The Borrower shall use the proceeds of the Loans solely as follows: (a) first, to pay a portion
of the costs and expenses of the Related Transactions and costs and expenses required to be paid pursuant to Section 2.1, (b) second, on the Restatement Effective Date, to make a dividend to Holdings, the proceeds of which dividend shall
be immediately used by Holdings to pay a portion of the repurchase price relating to the shares of capital stock of Holdings being repurchased pursuant to the Restatement Effective Date Transactions, (c) third, for financing the purchase price
of, and the costs and expenses incurred in connection with, Permitted Acquisitions to the extent permitted by clause (g) of the definition thereof, and (d) fourth, for working capital and other general corporate purposes not in
contravention of any Requirement of Law and not in violation of this Agreement. The Borrowers shall use the proceeds of the Subordinated Indebtedness evidenced by the Subordinated Notes solely as follows: (a) first, to pay a portion of the
costs and expenses of the Related Transactions and costs and expenses required to be paid pursuant to Section 2.1, and (b) second, on the Restatement Effective Date, to make a dividend to Holdings, the proceeds of which dividend shall be
immediately used by Holdings to pay a portion of the repurchase price relating to the shares of capital stock of Holdings being repurchased pursuant to the Restatement Effective Date Transactions. 
 4.11 Solvency. The Borrower, individually, and the Borrower and its Subsidiaries, on a consolidated basis, shall at all times be Solvent.

 4.12 Further Assurances. 
 (a) The Borrower shall ensure that all written information, exhibits and reports furnished to the Agent or the Lenders do not and will not contain any untrue statement of a material fact and do not and will not omit to state any material
fact or any fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and will promptly disclose to the Agent and the Lenders and correct any defect or error that may be discovered therein or
in any Loan Document or in the execution, acknowledgement or recordation thereof. 
 (b) Promptly upon request by the Agent, the Borrower
shall (and shall cause each of its Subsidiaries to) take such additional actions as the Agent may reasonably require from time to time in order (i) to carry out more effectively the purposes of this Agreement or any other Loan Document,
(ii) to subject to the Liens created by any of the Collateral Documents any of the Properties, rights or interests covered by any of the Collateral Documents, (iii) to perfect and 

  

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maintain the validity, effectiveness and priority of any of the Collateral Documents and the Liens intended to be created thereby, and (iv) to better
assure, convey, grant, assign, transfer, preserve, protect and confirm to the Agent and Lenders the rights granted or now or hereafter intended to be granted to the Agent and the Lenders under any Loan Document or under any other document executed
in connection therewith. Without limiting the generality of the foregoing and except as otherwise approved in writing by Required Lenders, Borrower shall cause each of its Subsidiaries (other than Foreign Subsidiaries if and to the extent a guaranty
by such Subsidiary of the Obligations would result in adverse tax consequences to the Borrower under Section 956 of the Code) to guaranty the Obligations and to cause each such Subsidiary to grant to Agent, for the benefit of Agent and Lenders,
a security interest in all of such Subsidiary’s Property to secure such guaranty (other than Foreign Subsidiaries if and to the extent any such grant would result in adverse tax consequences to the Borrower under Section 956 of the Code).
Furthermore and except as otherwise approved in writing by the Required Lenders, Borrower shall pledge the stock or other equity interests of each of its Subsidiaries to Agent, for the benefit of Agent and Lenders, to secure the Obligations;
provided, that with respect to any Foreign Subsidiary, no more than sixty-five percent (65%) of the voting stock or other voting equity interests of any such Subsidiary and no voting stock or other voting equity interests of any
Subsidiary of such Subsidiary shall be pledged to the Agent for the benefit of the Agent and the Lenders if and to the extent any pledge of more than sixty-five percent (65%) of the voting stock or other voting equity securities of any such
Subsidiary or the pledge of any voting stock or other voting equity interests of any Subsidiary of any such Subsidiary, as applicable, would result in adverse tax consequences to the Borrower under Section 956 of the Code. In connection with
each pledge of stock or other equity interests, Borrower shall deliver, or cause to be delivered, to Agent, the items described in subsection 2.1(d)(iii), if applicable. In the event the Borrower or any of its Subsidiaries (other than Foreign
Subsidiaries if and to the extent any such grant of a Mortgage would result in adverse tax consequences to the Borrower under Section 956 of the Code) acquires any real Property, simultaneously with such acquisition, the Borrower or such
Subsidiary shall, if requested by the Agent, execute and/or deliver, or cause to be executed and/or delivered, to the Agent, (x) a fully executed Mortgage, in form and substance reasonably satisfactory to the Agent together with an A.L.T.A.
lender’s title insurance policy issued by a title insurer reasonably satisfactory to the Agent, in form and substance and in an amount reasonably satisfactory to the Agent insuring that the Mortgage is a valid and enforceable first priority
Lien on the respective property, free and clear of all defects, encumbrances and Liens (other than Permitted Liens), (y) then current A.L.T.A. surveys, certified to the Agent and the Lenders by a licensed surveyor sufficient to allow the issuer
of the lender’s title insurance policy to issue such policy without a survey exception and (z) an environmental site assessment prepared by a qualified firm reasonably acceptable to the Agent, in form and substance reasonably satisfactory
to the Agent. With respect to each new Subsidiary of Holdings or the Borrower acquired or created after the date hereof, the Borrower shall deliver an opinion of counsel, in form and substance reasonably acceptable to the Agent, to the Agent within
ten (10) Business Days of the date on which such Subsidiary was acquired or created to the effect that the Loan Documents to be executed by such Subsidiary have been duly authorized, executed and delivered by such Subsidiary and constitute
valid and binding agreements by such Subsidiary, enforceable in accordance with its terms (subject to customary exceptions). 
 4.13
Interest Rate Protection. Within ninety (90) days of the Restatement Effective Date, the Borrower shall enter into, and thereafter maintain, Rate Contracts providing protection 

  

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against fluctuations in interest rates with one or more financial institutions with respect to at least fifty percent (50%) of the sum of the amount of
the Aggregate Term Loan Commitment on the date hereof, which agreements shall provide for not less than a three (3) year term and containing such other terms as are customary and are reasonably satisfactory to the Agent. 
 ARTICLE V - NEGATIVE COVENANTS 
 The Borrower covenants and agrees that, so long as any Lender shall have any Commitment hereunder, or any Loan or other Obligation (other than contingent indemnification Obligations to the extent no claim giving rise thereto has been
asserted) shall remain unpaid or unsatisfied, unless the Required Lenders waive compliance in writing: 
 5.1 Limitation on Liens. The
Borrower shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired,
other than the following, in each instance solely to the extent permitted under the Subordinated Loan Agreement (“Permitted Liens”): 
 (a) any Lien existing on the Property of the Borrower or its Subsidiaries on the Restatement Effective Date and set forth in Schedule 5.1 securing Indebtedness outstanding on such date and permitted by subsection 5.5(c), including
replacement Liens on the Property currently subject to such Liens securing Indebtedness permitted by Section 5.5(c); 
 (b) any Lien
created under any Loan Document; 
 (c) Liens for taxes, fees, assessments or other governmental charges (i) which are not delinquent or
remain payable without penalty, or (ii) the non-payment of which is permitted by Section 4.7, provided that, in respect of this clause (ii), all such Liens secure claims in the aggregate at any time outstanding for Borrower and its
Subsidiaries not exceeding $500,000; 
 (d) carriers’, warehousemen’s, mechanics’, landlords’, materialmen’s,
repairmen’s or other similar Liens arising in the Ordinary Course of Business which are not delinquent for more than ninety (90) days or remain payable without penalty or which are being contested in good faith and by appropriate
proceedings diligently prosecuted, which proceedings have the effect of preventing the forfeiture or sale of the Property subject thereto and for which adequate reserves in accordance with GAAP are being maintained; 
 (e) Liens (other than any Lien imposed by ERISA) consisting of pledges or deposits required in the Ordinary Course of Business in connection with
workers’ compensation, unemployment insurance and other social security legislation or to secure the performance of tenders, statutory obligations, surety, stay, customs and appeals bonds, bids, leases, governmental contract, trade contracts,
performance and return of money bonds and other similar obligations (exclusive of obligations for the payment of borrowed money) or to secure liability to insurance carriers; 
 (f) Liens consisting of judgment or judicial attachment liens, provided that the enforcement of such Liens is effectively stayed and all such Liens
secure claims in the aggregate at any time outstanding for the Borrower and its Subsidiaries not exceeding $500,000; 
  

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 (g) easements, rights-of-way, zoning and other restrictions, minor defects or other irregularities in
title, and other similar encumbrances which, either individually or in the aggregate, are not substantial in amount, and which do not in any case materially detract from the value of the Property subject thereto or interfere in any material respect
with the ordinary conduct of the businesses of the Borrower and its Subsidiaries; 
 (h) Liens on any Property acquired or held by the
Borrower or its Subsidiaries in the Ordinary Course of Business, securing Indebtedness incurred or assumed for the purpose of financing (or refinancing) all or any part of the cost of acquiring such Property and permitted under subsection 5.5(d);
provided that (i) any such Lien attaches to such Property concurrently with or within ninety (90) days after the acquisition thereof, (ii) such Lien attaches solely to the Property so acquired in such transaction, and
(iii) the principal amount of the debt secured thereby does not exceed 100% of the cost of such Property; 
 (i) Liens securing Capital
Lease Obligations permitted under subsection 5.5(d); 
 (j) any interest or title of a lessor or sublessor under any lease permitted by this
Agreement; 
 (k) Liens arising from precautionary uniform commercial code financing statements filed under any lease permitted by this
Agreement; and 
 (l) other Liens not described above that secure obligations other than Indebtedness, provided the aggregate outstanding
amount of the obligations secured thereby does not exceed $500,000 in the aggregate at any one time. 
 5.2 Disposition of Assets. The
Borrower shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of (whether in one or a series of transactions) any Property (including accounts and
notes receivable, with or without recourse) or enter into any agreement to do any of the foregoing, except, in each instance solely to the extent permitted under the Subordinated Loan Agreement: 
 (a) dispositions of inventory, or used, worn-out or surplus equipment, all in the Ordinary Course of Business; 
 (b) upon not less than five (5) Business Days prior written notice to Agent, transfers of assets by one Foreign Subsidiary to another Foreign
Subsidiary; 
 (c) upon not less than five (5) Business Days prior written notice to Agent, transfers of assets by (i) any
Subsidiary of the Borrower to (x) a Wholly-Owned Subsidiary of the Borrower that is a Domestic Subsidiary (with respect to which there has been compliance with Section 4.12), or (y) the Borrower and (ii) the Borrower to a
Wholly-Owned Subsidiary of the Borrower that is a Domestic Subsidiary (with respect to which there has been compliance with Section 4.12); 
 (d) dispositions not otherwise permitted hereunder which are made for fair market value and the mandatory prepayment in the amount of the Net Proceeds of such disposition is made as provided in Section 1.8; provided, that
(i) at the time of any disposition, no Event of 

  

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Default shall exist or shall result from such disposition, (ii) no less than seventy five percent (75%) of the aggregate sales price from such
disposition shall be paid in cash, and (iii) the aggregate fair market value of all assets so sold by the Borrower and its Subsidiaries, together, shall not exceed in any fiscal year $500,000 and (iv) after giving effect to such
disposition, Borrower is in compliance on a pro forma basis with the covenants set forth in Article VI, recomputed for the most recent quarter for which financial statements have been delivered; and 
 (e) so long as no Event of Default has occurred and is continuing, the sale without recourse and consistent with the industry practice of accounts
receivable, not in excess of $500,000 in aggregate stated amount during any fiscal year, arising in the Ordinary Course of Business which are at least ninety (90) days’ past due. 
 5.3 Consolidations and Mergers. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to, merge, consolidate with or
into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that upon not
less than five (5) Business Days prior written notice to Agent, in each instance solely to the extent permitted under the Subordinated Loan Agreement: 
 (a) any Subsidiary of the Borrower may merge with, or dissolve or liquidate into, the Borrower or a Wholly-Owned Subsidiary of the Borrower that is a Domestic Subsidiary (with respect to which there has been
compliance with Section 4.12); provided that the Borrower or such Wholly-Owned Subsidiary that is a Domestic Subsidiary shall be the continuing or surviving entity; and 
 (b) any Foreign Subsidiary of the Borrower may merge with, or dissolve or liquidate into, any Wholly-Owned Subsidiary of the Borrower that is also a
Foreign Subsidiary; provided that such Wholly-Owned Subsidiary that is a Foreign Subsidiary shall be the continuing or surviving entity. 
 5.4 Loans and Investments. The Borrower shall not and shall not suffer or permit any of its Subsidiaries to (i) purchase or acquire, or make any commitment to purchase or acquire, any capital stock, equity interest, or any
obligations or other securities of, or any interest in, any Person, including the establishment or creation of a Subsidiary, or (ii) make or commit to make any Acquisitions, or any other acquisition of all or substantially all of the assets of
another Person, or of any business or division of any Person, including without limitation, by way of merger, consolidation or other combination or (iii) make or commit to make any advance, loan, extension of credit or capital contribution to
or any other investment in, any Person including any Affiliate of the Borrower or any Subsidiary of the Borrower (the items described in clauses (i), (ii) and (iii) are referred to as “Investments”), except for, in each instance
solely to the extent permitted under the Subordinated Loan Agreement: 
 (a) Investments in cash and Cash Equivalents; 
 (b) extensions of credit by the Borrower or any Wholly-Owned Subsidiaries that are Domestic Subsidiaries (with respect to which there has been compliance
with Section 4.12) to any other Wholly-Owned Subsidiaries that are Domestic Subsidiaries (with respect to which 

  

 41 








 
there has been compliance with Section 4.12); provided, that if the aggregate amount of all extensions of credit by the Borrower or any such
Wholly-Owned Subsidiaries to any other Wholly-Owned Subsidiaries exceeds $500,000 outstanding at any one time, such obligations of such obligor shall be evidenced by notes, which notes shall be pledged to the Agent, for the benefit of the Agent and
Lenders, and have such other terms as the Agent may reasonably require; 
 (c) loans and advances to employees and independent contractors in
the Ordinary Course of Business not to exceed $500,000 in the aggregate at any time outstanding; 
 (d) Investments constituting Permitted
Acquisitions; 
 (e) Investments in Joint Ventures in an aggregate amount not to exceed $500,000, which amount shall be reduced, on a
dollar-for-dollar basis, by the amount by which the total consideration paid or payable (including, without limitation, any Seller Paper) in connection with Permitted Acquisitions consummated by the Borrower during the term of this Agreement exceeds
$2,500,000; 
 (f) to the extent constituting Investments, Rate Contracts entered into in the Ordinary Course of Business (i) for bona
fide hedging purposes and not for speculation upon prior written notice to the Agent or (ii) pursuant to Section 4.13; and 
 (g)
Investments in the form of promissory notes received in connection with dispositions of assets permitted under subsection 5.2(d); provided, that such notes shall be pledged to the Agent, for the benefit of the Lenders. 
 5.5 Limitation on Indebtedness. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to (and shall not suffer or permit
any Joint Venture which is less than fifty percent (50%) owned by the Borrower or any of its Subsidiaries, if the Borrower or such Subsidiary is a general partner, or treated as a general partner, of such Joint Venture resulting in general
liability to the Borrower or such Subsidiary, to) create, incur, assume, suffer to exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except, in each instance solely to the extent permitted under
the Subordinated Loan Agreement: 
 (a) Indebtedness incurred pursuant to this Agreement; 
 (b) Indebtedness consisting of Contingent Obligations described in clause (i) of the definition thereof and permitted pursuant to Section 5.9;

 (c) Indebtedness existing on the Restatement Effective Date and set forth in Schedule 5.5 including extensions and refinancings
thereof which do not increase the principal amount of such Indebtedness as of the date of such extension or refinancing; 
 (d) Indebtedness
not to exceed $750,000 in the aggregate at any time outstanding, consisting of Capital Lease Obligations or secured by Liens permitted by subsection 5.1(h); 
 (e) unsecured intercompany Indebtedness permitted pursuant to subsection 5.4(b); 
  

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 (f) unsecured Indebtedness (including earnouts) owing to sellers incurred in connection with Permitted
Acquisitions, which Indebtedness (i) is subordinated to the Obligations on terms and conditions reasonably acceptable to the Agent, (ii) does not require payment of principal (other than any earn out obligation) prior to payment in full of
the Loans, (iii) pays cash interest no more frequently than quarterly at a rate no greater than ten percent (10%) per annum, and (iv) does not exceed $500,000 in the aggregate at any time outstanding for all such Indebtedness
(assuming for such purpose that earnouts shall be deemed to equal the maximum amount thereof) (the foregoing Indebtedness being referred to as “Seller Paper”); 
 (g) Subordinated Indebtedness not to exceed the original principal amount of $25,100,000, as the same may be increased due to capitalized interest, evidenced by the Subordinated Notes; and 
 (h) other unsecured Indebtedness not exceeding in the aggregate at any time outstanding $500,000. 
 5.6 Transactions with Affiliates. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to, enter into any transaction
with any Affiliate of the Borrower or of any such Subsidiary, except, in each instance solely to the extent permitted under the Subordinated Loan Agreement: 
 (a) as expressly permitted by this Agreement; or 
 (b) in the Ordinary Course of Business and pursuant to
the reasonable requirements of the business of the Borrower or such Subsidiary provided that in the case of this clause (b), upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would be obtained in a comparable
arm’s-length transaction with a Person not an Affiliate of the Borrower or such Subsidiary and which are disclosed in writing to the Agent or as set forth in Schedule 5.6. 
 5.7 Management Fees and Compensation. The Borrower shall not, and shall not permit any of its Subsidiaries to pay any management, consulting or
similar fees to any Affiliate of the Borrower or to any officer, director or employee of the Borrower or any of its Subsidiaries or any Affiliate of the Borrower except, in each instance solely to the extent permitted under the Subordinated Loan
Agreement: 
 (a) payment of reasonable compensation to officers and employees for actual services rendered to the Borrower and its
Subsidiaries and reimbursement for actual, reasonable, out-of-pocket expenses of employees of the Borrower and its Subsidiaries, in each case in the Ordinary Course of Business; 
 (b) payment of performance bonuses to officers and employees, not to exceed $2,500,000 in the aggregate, pursuant to one or more agreements or plans,
each in form and substance acceptable to the Agent (it being acknowledged and agreed that the terms and conditions specified on Exhibit 5.7 are acceptable to the Agent), and which agreements or plans will in any event contain the EBITDA
targets set forth on Schedule 5.7; provided, that 
  

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 (i) prior to the making of any such payment, the Borrower shall have delivered to the
Agent the audited financial statements and the Compliance Certificate required to be delivered pursuant to subsections 4.1(b) and 4.2(b) hereof, respectively; and 
 (ii) at the time of, and after giving effect to, the making of any such payment (A) no Default or Event of Default exists and
(B) the Borrower is in compliance on a pro forma basis with the covenants set forth in Article VI recomputed for the most recent quarter for which financial statements have been delivered; provided, that for purposes of
calculating the Fixed Charge Coverage Ratio as required by this subsection 5.7(b)(ii)(B), the amount of such payments shall constitute Fixed Charges; 
 (c) payment of directors’ fees at prevailing market rates in the Borrower’s industry and reimbursement of actual, reasonable, out-of-pocket expenses incurred in connection with attending board of director
meetings, in each case to individuals who are not employees, consultants or independent contractors of the Borrower, any of its Subsidiaries, the Sponsor, or any of their respective Affiliates (including, with respect to the Sponsor, any Controlled
Investment Affiliates); provided, that notwithstanding the foregoing, the Borrower may continue to pay directors’ fees to John Anderson in an amount not to exceed $250,000 in any fiscal year of the Borrower; 
 (d) payment of management fees to Sponsor and its Controlled Investment Affiliates pursuant to the Management Agreement, as in effect on the Original
Closing Date, not to exceed, in the aggregate, per annum, the greater of (i) $1,500,000 or (ii) five percent (5%) of EBITDA for the applicable calendar year, payable in equal quarterly installments as provided in the Management
Agreement, as in effect on the Original Closing Date, together with reimbursement of actual, reasonable, out-of-pocket expenses and payment of customary investment banking fees in connection with Permitted Acquisitions and financings pursuant to the
Management Agreement, as in effect on the Original Closing Date; provided, that no other investment banking fees (other than customary brokers’ fees) have been or will be paid by the Borrower or its Subsidiaries in connection with any
such Permitted Acquisition or financing; and provided, further, however, that (A) if payments of principal, interest or other amounts due and owing to the Lenders hereunder are not being paid when due, (B) upon notice
from the Agent that any Event of Default under subsections 4.1, 4.2(b) or 7.1(c) has occurred and is continuing or would arise as a result of such payment (or automatically while any Event of Default under subsections 7.1(a), 7.1(f), 7.1(g) or
7.1(m)(iv) has occurred and is continuing or would arise as a result of such payment), or (C) the Borrower has elected to pay the entire amount of interest on the Subordinated Indebtedness evidenced by the Subordinated Notes in kind (and not in
cash) at the 16% interest rate in accordance with Section 1.1 of the Subordinated Loan Agreement, the fees and expenses (other than actual, reasonable, out-of-pocket expenses) described in this clause (d) shall not be paid; and 

(e) transactions permitted by subsection 5.6(b). 
 5.8 Use of Proceeds. The Borrower shall not and shall not suffer or permit any of its Subsidiaries to use any portion of the Loan proceeds, directly or indirectly, to purchase or carry Margin Stock or repay or otherwise refinance
Indebtedness of the Borrower or others incurred to 

  

 44 








 
purchase or carry Margin Stock, or otherwise in any manner which is in contravention of any Requirement of Law or in violation of this Agreement. 

5.9 Contingent Obligations. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to (and shall not suffer or permit
any Joint Venture which is less than fifty percent (50%) owned by the Borrower or any of its Subsidiaries, if the Borrower or such Subsidiary is a general partner, or treated as a general partner, of such Joint Venture resulting in general
liability to the Borrower or such Subsidiary, to), create, incur, assume or suffer to exist any Contingent Obligations except in respect of the Obligations and except, in each instance solely to the extent permitted under the Subordinated Loan
Agreement: 
 (a) endorsements for collection or deposit in the Ordinary Course of Business; 
 (b) Rate Contracts entered into in the Ordinary Course of Business for bona fide hedging purposes and not for speculation upon prior written notice to
the Agent or pursuant to Section 4.13; 
 (c) Contingent Obligations of the Borrower and its Subsidiaries existing as of the Restatement
Effective Date and listed in Schedule 5.9, including extension and renewals thereof which do not increase the amount of such Contingent Obligations as of the date of such extension or renewal; 
 (d) Contingent Obligations incurred in the Ordinary Course of Business with respect to surety and appeal bonds, performance bonds and other similar
obligations; 
 (e) Contingent Obligations arising under indemnity agreements to title insurers to cause such title insurers to issue to
Agent title insurance policies; 
 (f) Contingent Obligations arising with respect to customary indemnification obligations in favor of
(i) sellers in connection with Permitted Acquisitions and (ii) purchasers in connection with dispositions permitted under subsection 5.2(d); 
 (g) Contingent Obligations arising under Lender Letters of Credit and other letters of credit which are the subject of a Letter of Credit Participation Agreement; and 
 (h) Contingent Obligations of Borrower with respect to any obligations of any of its Wholly-Owned Subsidiaries that are Domestic Subsidiaries (with
respect to which there has been compliance with Section 4.12) permitted by this Agreement; provided, if such obligation is subordinated to the Obligations, such Contingent Obligation shall be subordinated to the same extent. 

5.10 Compliance with ERISA. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to: 
 (a) terminate any Plan subject to Title IV of ERISA so as to result in any material liability to the Borrower; 
  

 45 








 (b) permit to exist any ERISA Event or any other event or condition, which would reasonably be expected
to have a Material Adverse Effect; 
 (c) make a complete or partial withdrawal (within the meaning of ERISA Section 4201) from any
Multiemployer Plan so as to result in any material liability to the Borrower; 
 (d) enter into any new Plan or modify any existing Plan so
as to increase its obligations thereunder which would reasonably be expected to have a Material Adverse Effect; or 
 (e) permit the present
value of all nonforfeitable accrued benefits under any Plan subject to Title IV of ERISA (using the actuarial assumptions utilized by the PBGC upon termination of a Title IV Plan) materially to exceed the fair market value of Plan assets allocable
to such benefits, all determined as of the most recent valuation date for each such Plan that is subject to Title IV of ERISA. 
 5.11
Restricted Payments. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to, (i) declare or make any dividend payment or other distribution of assets, properties, cash, rights, obligations or securities on
account of any shares of any class of its capital stock, partnership interests, membership interests or other equity securities, (ii) purchase, redeem or otherwise acquire for value any shares of its capital stock, partnership interests,
membership interests or other equity securities or any warrants, rights or options to acquire such shares, interests or securities now or hereafter outstanding, or (iii) make any payment or prepayment of principal of, premium, if any, interest,
fees, redemption, exchange, purchase, retirement, defeasance, sinking fund or similar payment with respect to, Subordinated Indebtedness (the items described in clauses (i), (ii) and (iii) above are referred to as “Restricted
Payments”); except that any Wholly-Owned Subsidiary of the Borrower may declare and pay dividends to the Borrower or any Wholly-Owned Subsidiary of the Borrower that is a Domestic Subsidiary, and except that the Borrower may, in each instance
solely to the extent permitted under the Subordinated Loan Agreement: 
 (a) declare and make dividend payments or other distributions
payable solely in its common stock or other equity securities; 
 (b) make distributions to Holdings which are immediately used by Holdings
to redeem from employee (or former employee) stockholders shares of Holdings common stock or warrants or options to acquire any such shares provided all of the following conditions are satisfied: 
 (i) no Default or Event of Default has occurred and is continuing or would arise as a result of such Restricted Payment; 
 (ii) after giving effect to such Restricted Payment, the Borrower is in compliance on a pro forma basis with the covenants set forth in
Article VI, recomputed for the most recent quarter for which financial statements have been delivered; provided, that for purposes of calculating the Fixed Charge Coverage Ratio as required by this subsection 5.1 l(b)(ii), the amount of such
payments shall constitute Fixed Charges; 
  

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 (iii) the aggregate Restricted Payments permitted (x) in any fiscal year of Borrower
shall not exceed $250,000 and (y) during the term of this Agreement shall not exceed $750,000; and 
 (iv) after giving
effect to such Restricted Payment, Availability is not less than $3,000,000; 
 (c) in the event Borrower files a consolidated income tax
return with Holdings, make distributions to Holdings to permit Holdings to pay federal and state income taxes then due and owing, franchise taxes and other similar licensing expenses incurred in the Ordinary Course of Business provided, that the
amount of such distribution shall not be greater, nor the receipt by Borrower of tax benefits less, than they would have been had Borrower not filed a consolidated return with Holdings; 
 (d) pay as and when due and payable, regularly scheduled payments of interest at the non-default rate of interest and payments of earnouts in respect of
Seller Paper, to the extent permitted under the subordination terms with respect thereto; 
 (e) make distributions to Holdings at such times
and in such amounts as are necessary to permit payment of actual, reasonable, out-of-pocket overhead and administrative expenses payable by Holdings in the Ordinary Course of Business, not to exceed $500,000 in the aggregate in any fiscal year;

 (f) consummate, on the Restatement Effective Date, the Restatement Effective Date Transactions; and 
 (g) (i) until such time as the Borrower shall have exercised its option under Section 1.1 of the Subordinated Loan Agreement to make all payments of
interest on the Subordinated Indebtedness evidenced by the Subordinated Notes in-kind (and not in cash), make regularly scheduled cash payments of interest at the non-default cash pay rate of interest with respect to the Subordinated Indebtedness
evidenced by the Subordinated Notes, (ii) reimburse out-of- pocket fees and expenses required to be paid pursuant to the Subordinated Loan Agreement, in each case, to the extent permitted under, and subject to the terms and conditions set forth
in, the Subordination Agreement and (iii) on any regularly scheduled interest payment date for the Subordinated Notes, commencing with any such interest payment date following the fifth anniversary of the Restatement Effective Date, if the
aggregate amount which would be includible in income of the holders of the Subordinated Notes for periods ending on or before such interest payment date (within the meaning of Section 163(i) of the Code) (the “Aggregate Accrual”)
would exceed an amount equal to the sum of (x) the aggregate amount of interest to be paid (within the meaning of Section 163(i) of the Code) under the Subordinated Notes on or before such interest payment date (determined without regard
to the amounts payable on such interest payment date under Section 1.1 of the Subordinated Loan Agreement), and (y) the product of (A) the issue price (as defined in Sections 1273(b) and 1274(a) of the Code) of the Subordinated Notes
and (B) the yield to maturity (interpreted in accordance with Section 163(i) of the Code) of the Subordinated Notes (such sum, the “Maximum Accrual”), then the Borrower may pay to the holders of the Subordinated Notes in cash an
aggregate amount equal to the excess, if any, of the Aggregate Accrual over the Maximum Accrual; provided, that solely for 

  

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purposes of this clause (iii), (A) no Default or Event of Default then exists or would arise as a result thereof, (B) after giving effect to such
payment, the Borrower is in compliance on a pro forma basis with the covenants set forth in Article VI (using the covenant thresholds for the immediately preceding testing date), recomputed for the most recent fiscal quarter for which financial
statements have been delivered and (C) after giving effect to such payment, Availability is not less than $5,000,000. 
 5.12 Change
in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, engage in any material line of business substantially different from and unrelated to those lines of business carried on by it on the Original Closing Date.

 5.13 Change in Structure. Except as expressly permitted under Section 5.3, the Borrower shall not and shall not permit any of
its Subsidiaries to, make any material changes in its equity capital structure (including in the terms of its outstanding stock), or amend any of its Organization Documents in any material respect or in any respect adverse to the Agent or Lenders.

 5.14 Accounting Changes. The Borrower shall not, and shall not suffer or permit any of its Subsidiaries to, make any significant
change in accounting treatment or reporting practices, except as required by GAAP, or change the fiscal year of the Borrower or of any of its consolidated Subsidiaries, except with the prior written consent of the Agent. 
 5.15 Amendments to Related Agreements and Subordinated Indebtedness. 
 (a) The Borrower shall not and shall not permit any of its Subsidiaries, to (i) amend, supplement, waive or otherwise modify any provision of, any
Related Agreement (other than the Subordinated Indebtedness Documents) in a manner adverse to the Agent or Lenders or which could reasonably be expected to have a Material Adverse Effect, or (ii) take or fail to take any action under any
Related Agreement (other than the Subordinated Indebtedness Documents) that could reasonably be expected to have a Material Adverse Effect. 
 (b) Borrower shall not and shall not permit any of its Subsidiaries directly or indirectly to change or amend the terms of the Subordinated Indebtedness evidenced by the Subordinated Indebtedness Documents except in accordance with the
terms of the Subordination Agreement. 
 5.16 No Negative Pledges. Borrower will not, and will not permit any of its Subsidiaries,
directly or indirectly, to create or otherwise cause or suffer to exist or become effective any consensual restriction or encumbrance of any kind on the ability of any such Subsidiary to pay dividends or make any other distribution on any of such
Subsidiary’s equity securities or to pay fees, including management fees, or make other payments and distributions to Borrower or any of its Subsidiaries. Borrower will not, and will not permit any of its Subsidiaries, directly or indirectly,
to enter into, assume or become subject to any Contractual Obligation prohibiting or otherwise restricting the existence of any Lien upon any of its assets in favor of the Agent, whether now owned or hereafter acquired except in connection with any
document or instrument governing Liens permitted pursuant to subsections 5.1(h) and (i) 

  

 48 








 
provided that any such restriction contained therein relates only to the asset or assets subject to such permitted Liens. 
 5.17 OFAC. Neither Holdings, the Borrower nor any Subsidiary of the Borrower (i) will become a person whose property or interests in property
are blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism (66 Fed. Reg.
49079(2001), (ii) will engage in any dealings or transactions prohibited by Section 2 of such executive order, or be otherwise associated with any such person in any manner violative of Section 2, or (iii) will otherwise
become a person on the list of Specially Designated Nationals and Blocked Persons or subject to the limitations or prohibitions under any other OFAC regulation or executive order. 
 5.18 Integration. Notwithstanding anything in this Article V to the contrary, no action otherwise permitted under this Article V shall be
permitted if such action is prohibited or is otherwise not permitted under any of the Subordinated Indebtedness Documents and the Agent shall have the right, at any time, to require the Borrower, to deliver a certificate executed by a Responsible
Officer of the Borrower and otherwise in form and substance reasonably satisfactory to Agent which certifies to Agent and Lenders that any such action, at the time such action is to be taken, is permitted under the Subordinated Indebtedness
Documents. Furthermore, all covenants contained in each of the Subordinated Indebtedness Documents hereby are incorporated herein, mutatis mutandis, as if such covenants were set forth in this Agreement, and shall be deemed in addition to,
and not in substitution of, the covenants contained in the Loan Documents. 
 5.19 Stay. Extension and Usury Laws. None of Holdings,
Borrower or its Subsidiaries shall (to the extent that they may lawfully covenant not to do so) at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted,
now or at any time hereafter in force, that may affect the covenants or the performance of this Agreement; and each of Holdings, Borrower and its Subsidiaries (to the extent that it may lawfully do so) hereby expressly waives all benefit or
advantage of any such law, but shall suffer and permit the execution of every such power as though no such law has been enacted. 
 ARTICLE
VI - FINANCIAL COVENANTS 
 The Borrower covenants and agrees that, so long as any Lender shall have any Commitment hereunder, or
any Loan or other Obligation (other than contingent indemnification Obligations to the extent no claim giving rise thereto has been asserted) shall remain unpaid or unsatisfied, unless the Required Lenders waive compliance in writing: 
  

 49 








 6.1 Capital Expenditures. The Borrower and its Subsidiaries shall not make or commit to make
Capital Expenditures for any fiscal year (or shorter period commencing on the Restatement Effective Date) set forth below to exceed the amount set forth in the table below with respect to such fiscal year (or shorter period commencing on the
Restatement Effective Date): 
  

				
	 Fiscal Period
	  	Capital Expenditure Limitation
	 For the fiscal December 31, 2006 year ending
	  	$	3,000,000
	 For the fiscal December 31, 2007 year ending
	  	$	2,000,000
	 For the fiscal December 31,2008 year ending
	  	$	2,000,000
	 For the fiscal December 31, 2009 year ending
	  	$	2,000,000
	 For the fiscal December 31, 2010 and for each fiscal year thereafter
	  	$	2,500,000

 “Capital Expenditures” shall be calculated in the manner set forth in Exhibit 4.2(b). 
 6.2 Senior Leverage Ratio. The Borrower shall not permit its Senior Leverage Ratio for the twelve month period ending on any date set forth below
to be greater than the maximum ratio set forth in the table below opposite such date: 
  

			
	 Date
	  	 Maximum Senior
Leverage
 Ratio

	 March 31, 2006
	  	3.50 to 1.00
	 June 30, 2006
	  	3.50 to 1.00
	 September 30, 2006
	  	3.50 to 1.00
	 December 31,2006
	  	3.50 to 1.00
		
	 March 31, 2007
	  	3.35 to 1.00
	 June 30, 2007
	  	3.20 to 1.00
	 September 30,2007
	  	3.10 to 1.00
	 December 31,2007
	  	3.00 to 1.00
		
	 March 31, 2008
	  	2.75 to 1.00
	 June 30, 2008
	  	2.50 to 1.00
	 September 30, 2008
	  	2.50 to 1.00
	 December 31, 2008
	  	2.25 to 1.00
	 March 31, 2009
	  	2.25 to 1.00
	 June 30, 2009 and the last day of each fiscal quarter thereafter
	  	2.00 to 1.00

  

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 “Senior Leverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b). 
 6.3 Fixed Charge Coverage Ratio. The Borrower shall not permit its Fixed Charge Coverage Ratio for the twelve month period ending on any date set
forth below to be less than the minimum ratio set forth in the table below opposite such date: 
  

			
	 Date
	  	Minimum Fixed Charge
Ratio
	 March 31, 2006
	  	1.10 to 1.00
	 June 30,2006
	  	1.10 to 1.00
	 September 30, 2006
	  	1.10 to 1.00
	 December 31, 2006
	  	1.10 to 1.00
		
	 March 31, 2007
	  	1.10 to 1.00
	 June 30, 2007
	  	1.10 to 1.00
	 September 30, 2007
	  	1.10 to 1.00
	 December 31, 2007
	  	1.10 to 1.00
		
	 March 31,2008
	  	1.15 to 1.00
	 June 30, 2008
	  	1.15 to 1.00
	 September 30,2008
	  	1.15 to 1.00
	 December 31,2008
	  	1.15 to 1.00
		
	 March 31, 2009
	  	1.15 to 1.00
	 June 30,2009
	  	1.15 to 1.00
	 September 30, 2009
	  	1.15 to 1.00
	 December 31, 2009
	  	1.20 to 1.00
		
	 March 31, 2010
	  	1.20 to 1.00
	 June 30, 2010
	  	1.20 to 1.00
	 September 30, 2010
	  	1.20 to 1.00
	 December 31, 2010
	  	1.20 to 1.00

 “Fixed Charge Coverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b). 

6.4 Interest Coverage Ratio. The Borrower shall not permit its Interest Coverage Ratio for the twelve month period ending on any date set forth
below to be less than the minimum ratio set forth in the table below opposite such date: 
  

			
	 Date
	  	Minimum Interest
Coverage Ratio
	 March 31, 2006
	  	2.25 to 1.00
	 June 30,2006
	  	2.25 to 1.00
	 September 30, 2006
	  	2.35 to 1.00
	 December 31, 2006
	  	2.40 to 1.00

  

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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	 ANTARES CAPITAL CORPORATION,
 as Agent, as the Swing Line Lender and as a Lender

		
	 By:
	 	 /s/ Michael P. King

	 Name:
	 	 Michael P. King

	 Title:
	 	 Director

	
	 Address for notices:

	
	 311 South Wacker Drive, Suite 4400
 Chicago, IL 60606
 Attn: Portfolio Manager – Panther
 Facsimile: (312) 697-3998
 Telephone: (312) 697-3999

	
	 Address for payments:

	
	 Antares Capital Corporation
 Account # 4070-6016
 Citibank N.A., NY
 ABA # 021000089
 Reference: Panther
 Please advise Jim Luchansky at
 (312) 697-3991 upon receipt



 Credit Agreement 










			
	 March 31, 2007
	  	2.45 to 1.00
	 June 30, 2007
	  	 2.50 to 1.00

	 September 30, 2007
	  	 2.50 to 1.00

	 December 31, 2007
	  	 2.60 to 1.00

		
	 March 31, 2008
	  	 2.65 to 1.00

	 June 30, 2008
	  	 2.65 to 1.00

	 September 30, 2008
	  	 2.70 to 1.00

	 December 31, 2008
	  	 2.75 to 1.00

		
	 March 31, 2009
	  	 2.75 to 1.00

	 June 30, 2009
	  	 3.00 to 1.00

	 September 30, 2009
	  	 3.00 to 1.00

	December 31, 2009 and the last day of each fiscal quarter thereafter	  	 3.25 to 1.00


 “Interest Coverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b). 
 ARTICLE VII - EVENTS OF DEFAULT 
 7.1 Event of Default. Any of the following shall constitute an “Event of Default”: 
 (a)
Non-Pavment. The Borrower fails to pay, (i) when and as required to be paid herein, any amount of principal of on any Loan, including after maturity of the Loans, whether by acceleration or otherwise, or (ii) within five
(5) days after the same shall become due, any interest on any Loan or any fee or any other amount payable hereunder or pursuant to any other Loan Document; or 
 (b) Representation or Warranty. Any representation, warranty or certification by or on behalf of Holdings, the Borrower or any of its Subsidiaries made or deemed made herein, in any Loan Document, or which is
contained in any certificate, document or financial or other statement by Holdings, the Borrower, any of its Subsidiaries, or their respective Responsible Officers, furnished at any time under this Agreement, or in or under any Loan Document, shall
prove to have been incorrect in any material respect on or as of the date made or deemed made; or 
 (c) Specific Defaults. Holdings
or the Borrower fails to perform or observe any term, covenant or agreement contained in Sections 4.1, 4.2(b), 4.2(d), 4.3(a), 4.6, 4.10, 4.13 or Article V or Article VI hereof or the Fee Letter; or 
 (d) Other Defaults. Holdings, the Borrower or any of its Subsidiaries fails to perform or observe any other term, covenant or agreement contained
in this Agreement or any Loan Document, and such default shall continue unremedied for a period of thirty (30) days after the earlier to occur of (i) the date upon which a Responsible Officer becomes aware of such default 

  

 52 








 
and (ii) the date upon which written notice thereof is given to the Borrower by the Agent or Required Lenders; or 
 (e) Cross-Default, (i) Holdings, the Borrower or any of its Subsidiaries (A) fails to make any payment in respect of any Indebtedness
(other than the Obligations) or Contingent Obligation having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more
than $500,000 when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) and such failure continues after the applicable grace or notice period, if any, specified in the document relating thereto on the date of
such failure; or (B) fails to perform or observe any other condition or covenant, or any other event shall occur or condition exist, under any agreement or instrument relating to any such Indebtedness or Contingent Obligation, if the effect of
such failure, event or condition is to cause, or to permit the holder or holders of such Indebtedness or beneficiary or beneficiaries of such Indebtedness (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to
cause such Indebtedness to be declared to be due and payable prior to its stated maturity (without regard to any subordination terms with respect thereto), or such Contingent Obligation to become payable or cash collateral in respect thereof to be
demanded, or (ii) any default or event of default occurs under or in respect of the Subordinated Indebtedness evidenced by the Subordinated Indebtedness Documents; or 
 (f) Insolvency; Voluntary Proceedings, (i) The Borrower or, except solely as a result of the consummation of any transactions expressly
permitted by subsections 5.3(a) or 5.3(b), any of its Subsidiaries, ceases or fails to be Solvent, (ii) the Borrower or any of its Subsidiaries generally fails to pay, or admits in writing its inability to pay, its debts as they become due,
subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iii) the Borrower or, except solely as a result of the consummation of any transactions expressly permitted by subsections 5.3(a) or 5.3(b), any of its
Subsidiaries, voluntarily ceases to conduct its business in the ordinary course; (iv) the Borrower or any of its Subsidiaries commences any Insolvency Proceeding with respect to itself; or (v) the Borrower or any of its Subsidiaries takes
any action to effectuate or authorize any of the foregoing; or 
 (g) Involuntary Proceedings. (i) Any involuntary Insolvency
Proceeding is commenced or filed against the Borrower or any Subsidiary of the Borrower, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Borrower’s or any of its
Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within sixty (60) days after
commencement, filing or levy; (ii) the Borrower or any of its Subsidiaries admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any
Insolvency Proceeding; or (iii) the Borrower or any of its Subsidiaries acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor), or other similar Person for itself or
a substantial portion of its Property or business; or 
 (h) ERISA. (i) A member of the Controlled Group shall fail to pay when
due, after the expiration of any applicable grace period, any installment payment with respect to its 

  

 53 








 
Withdrawal Liability under a Multiemployer Plan; (ii) a member of the Controlled Group shall fail to satisfy its contribution requirements under
Section 412(c)(11) of the Code, whether or not it has sought a waiver under Section 412(d) of the Code; (iii) the occurrence of an ERISA Event; (iv) a Plan that is intended to be qualified under Section 401(a) of the
Code shall lose its qualification; (v) any member of the Controlled Group engages in or otherwise becomes liable for a non-exempt prohibited transaction; (vi) a violation of Section 404 or 405 of ERISA or the exclusive benefit rule
under Section 401(a) of the Code; (vii) any member of the Controlled Group is assessed a tax under Section 4980B of the Code or incurs a liability under Section 601 et seq. of ERISA; and, the occurrence of any such event
listed in clauses (i) through (vii), or the occurrence of any combination of events listed in clauses (i) through (vii) results in, or could reasonably be expected to result in, a Material Adverse Effect or result in exposure to
Borrower in an amount in excess of $500,000; or 
 (i) Monetary Judgments. One or more judgments, non-interlocutory orders, decrees or
arbitration awards shall be entered against Holdings, the Borrower or any of its Subsidiaries involving in the aggregate a liability (to the extent not covered by independent third-party insurance) as to any single or related series of transactions,
incidents or conditions, of $500,000 or more, and the same shall remain unsatisfied, unvacated and unstayed pending appeal for a period of forty-five (45) days after the entry thereof; or 
 (j) Non-Monetary Judgments. One or more non-monetary judgments, orders or decrees shall be rendered against Holdings, the Borrower or any of its
Subsidiaries which does or would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect (determined after giving effect to the proceeds of any business interruption insurance), and there shall be any
period of twenty (20) consecutive days during which a stay of enforcement of such judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; or 
 (k) Collateral Any material provision of any Collateral Document shall for any reason cease to be valid and binding on or enforceable against
Holdings, the Borrower or any Subsidiary of the Borrower party thereto or Holdings, the Borrower or any Subsidiary of the Borrower shall so state in writing or bring an action to limit its obligations or liabilities thereunder; or any Collateral
Document shall for any reason (other than pursuant to the terms thereof) cease to create a valid security interest in the Collateral purported to be covered thereby or such security interest shall for any reason (other than the failure of the Agent
to take any action within its control) cease to be a perfected and first priority security interest subject only to Permitted Liens; or 
 (1) Ownership, (i) Sponsor at any time fails to own beneficially, directly or indirectly, at least fifty-one percent (51%) of the issued and outstanding voting capital stock of Holdings or, in any event, capital stock
representing voting control of the Borrower, or (ii) Holdings ceases to own one hundred percent (100%) of the issued and outstanding equity securities of the Borrower occurs in each instance in clauses (i) and (ii), free and clear of
all Liens, rights, options, warrants or other similar agreements or understandings, other than Liens in favor of the Agent, for the benefit of the Agent and Lenders; or (iii) a “Change of Control” or terms of similar import occurs
under the Subordinated Loan Agreement or the Borrower delivers a “Control Change Notice” (as such term is defined in the Subordinated Loan Agreement) under the Subordinated Loan Agreement; or 
  

 54 








 (m) Holdings Defaults. (i) Holdings shall fail in any material respect to perform or observe
any term, covenant or agreement in the Guaranty, the Holdings Pledge Agreement or the Security Agreement; or (ii) the Guaranty, the Holdings Pledge Agreement or the Security Agreement shall for any reason be partially (including with respect to
future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect; or (iii) Holdings or any other Person shall contest in any manner the validity or enforceability thereof or deny that it has any further
liability or obligation thereunder; or (iv) any event described in subsections 7.1(f) or 7.1(g) shall occur with respect to Holdings; or (v) Holdings shall engage in any business activities other than (A) its ownership of the equity
securities of Borrower, (B) activities incidental to maintenance of its corporate existence, and (C) performance of its obligations under the Related Transaction Documents to which it is a party; or 
 (n) Invalidity of Subordination Provisions. The subordination provisions of the Subordination Agreement or any other agreement or instrument
governing any Subordinated Indebtedness shall for any reason be revoked or invalidated, or otherwise cease to be in full force and effect, or any Person shall contest in any manner the validity or enforceability thereof or deny that it has any
further liability or obligation thereunder, or the Obligations for any reason shall not have the priority contemplated by this Agreement or such subordination provisions; or 
 (o) Joint Venture Defaults. Any event described in subsections 7.1(f) or 7.1(g) shall occur with respect to any Joint Venture which is less than
fifty percent (50%) owned by the Borrower or any of its Subsidiaries if the Borrower or such Subsidiary is a general partner, or treated as a general partner, of such Joint Venture resulting in general liability to the Borrower or such
Subsidiary. 
 7.2 Remedies. Upon the occurrence and during the continuance of any Event of Default, the Agent may, and shall at the
request of the Required Lenders: 
 (a) declare all or any portion of the Commitment of each Lender to make Loans or issue Lender Letters of
Credit or Letter of Credit Participation Agreements to be terminated, whereupon such Commitments shall forthwith be terminated; 
 (b)
declare all or any portion of the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable; without
presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower; and 
 (c) exercise on
behalf of itself and the Lenders all rights and remedies available to it and the Lenders under the Loan Documents or applicable law; 
 provided,
however, that upon the occurrence of any event specified in subsections 7.1(f), 7.1(g) or 7.1(m)(iv) above (in the case of clause (i) of subsection 7.1(g) upon the expiration of the sixty (60) day period mentioned therein), the
obligation of each Lender to make Loans and the obligation of Agent to issue Lender Letters of Credit and Letter of Credit Participation Agreements shall automatically terminate and the unpaid principal amount of all outstanding 

  

 55 








 
Loans and all interest and other amounts as aforesaid shall automatically become due and payable without further act of the Agent or any Lender. 

7.3 Rights Not Exclusive. The rights provided for in this Agreement and the other Loan Documents are cumulative and are not exclusive of any
other rights, powers, privileges or remedies provided by law or in equity, or under any other instrument, document or agreement now existing or hereafter arising. 
 7.4 Cash Collateral for Letters of Credit. If an Event of Default has occurred and is continuing or this Agreement (or the Revolving Loan Commitment) shall be terminated for any reason, then the Agent may, and
upon request of Lenders holding more than fifty percent (50%) of the Revolving Loan Commitments shall, demand (which demand shall be deemed to have been delivered automatically upon any acceleration of the Loans and other obligations hereunder
pursuant to Section 7.2 hereof or upon payment in full of the Term Loan), and Borrower shall thereupon deliver to the Agent, to be held for the benefit of the Agent and the Lenders entitled thereto, an amount of cash equal to one hundred two
percent (102%) of the amount of Letter of Credit Participation Liability (determined in accordance with subsection 1.1(c) hereof) as additional collateral security for Borrower’s Obligations in respect of any outstanding Lender Letter
of Credit and Letter of Credit Participation Agreement. The Agent may at any time apply any or all of such cash and cash collateral to the payment of any or all of Borrower’s Obligations in respect of any Lender Letters of Credit or Letter of
Credit Participation Agreements. Pending such application, the Agent may (but shall not be obligated to) invest the same in an interest bearing account in the Agent’s name, for the benefit of the Agent and the Lenders entitled thereto, under
which deposits are available for immediate withdrawal, at such bank or financial institution as the Agent may, in its discretion, select. 
 ARTICLE VIII - THE AGENT 
 8.1 Appointment and Authorization. Each Lender hereby irrevocably appoints,
designates and authorizes the Agent to take such action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this
Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document, the Agent shall not have any
duties or responsibilities, except those expressly set forth herein, nor shall the Agent have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities
shall be read into this Agreement or any other Loan Document or otherwise exist against the Agent. 
 8.2 Delegation of Duties. The
Agent may execute any of its duties under this Agreement or any other Loan Document by or through agents, employees or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Agent shall not
be responsible for the negligence or misconduct of any agent or attorney-in-fact that it selects with reasonable care. 
 8.3 Liability of
Agent. None of the Agent-Related Persons shall (i) be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or 

  

 56 








 
any other Loan Document (except for its own gross negligence or willful misconduct), or (ii) be responsible in any manner to any of the Lenders for any
recital, statement, representation or warranty made by the Borrower or any Subsidiary or Affiliate of the Borrower, or any officer thereof, contained in this Agreement or in any other Loan Document, or in any certificate, report, statement or other
document referred to or provided for in, or received by the Agent under or in connection with, this Agreement or any other Loan Document, or for the value of any Collateral or the validity, effectiveness, genuineness, enforceability or sufficiency
of this Agreement or any other Loan Document, or for any failure of the Borrower or any other party to any Loan Document to perform its obligations hereunder or thereunder. No Agent-Related Person shall be under any obligation to any Lender to
ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the Properties, books or records of the Borrower or any of the
Borrower’s Subsidiaries or Affiliates. Agent shall have no obligation whatsoever to any Lender or any other Person to assure that the property covered by the Collateral Documents exists or is owned by the Borrower or any other Credit Party or
is cared for, protected or insured or has been encumbered or that the Liens granted to the Agent have been properly or sufficiently or lawfully created, perfected, protected or enforced or are entitled to any particular priority. No Agent-Related
Person shall be liable for any action taken or omitted to be taken by Swing Line Lender under this Agreement (including, without limitation, Swing Line Lender’s failure to adjust the Applicable Margin (with respect to Swing Line Loans)
following any changes thereto). 
 8.4 Reliance by Agent. The Agent shall be entitled to rely, and shall be fully protected in
relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telegram, facsimile or telephone message, statement or other document or conversation believed by it to be genuine and to have been signed, sent or made by the
proper Person or Persons, and upon advice and statements of legal counsel (including counsel to the Borrower), independent accountants and other experts selected by the Agent. The Agent shall be fully justified in failing or refusing to take any
action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Lenders (or, where an action or waiver need only be approved by the Required Lenders, by the Required Lenders) as it deems
appropriate and, if it so requests, it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. The Agent shall in
all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of the Lenders (or, where an action or waiver need only be approved by the Required
Lenders, by the Required Lenders) and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Lenders. 
 8.5 Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default, except with respect to defaults in the payment of principal, interest and
fees required to be paid to the Agent for the account of the Lenders, unless the Agent shall have received written notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such
notice is a “notice of default”. In the event that the Agent receives such a notice, the Agent shall give notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be
requested by the Required Lenders in accordance with Article VII; provided, however, that unless and until the Agent shall have received any such request, the 

  

 57 








 
Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall
deem advisable or in the best interest of the Lenders. 
 8.6 Credit Decision. Each Lender expressly acknowledges that none of the
Agent-Related Persons has made any representation or warranty to it and that no act by the Agent hereinafter taken, including any review of the affairs of the Borrower and its Subsidiaries shall be deemed to constitute any representation or warranty
by the Agent to any Lender. Each Lender represents to the Agent that it has, independently and without reliance upon the Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into
the business, prospects, operations, property, financial and other condition and creditworthiness of the Borrower and its Subsidiaries, and all applicable bank regulatory laws relating to the transactions contemplated thereby, and made its own
decision to enter into this Agreement and extend credit to the Borrower hereunder. Each Lender also represents that it will, independently and without reliance upon the Agent and based on such documents and information as it shall deem appropriate
at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigations as it deems necessary to inform itself as to the
business, prospects, operations, property, financial and other condition and creditworthiness of the Borrower. Except for notices, reports and other documents expressly herein required to be furnished to the Lenders by the Agent, the Agent shall not
have any duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of the Borrower which may come into the possession
of the Agent. 
 8.7 Indemnification. Whether or not the transactions contemplated hereby shall be consummated, upon demand therefor
the Lenders shall indemnify the Agent and each Affiliate of Agent issuing Lender Letters of Credit (in each instance, to the extent not reimbursed by or on behalf of the Borrower and without limiting the obligation of the Borrower to do so), ratably
from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses and disbursements of any kind whatsoever which may at any time (including at any time following the repayment of the Loans
and the termination or resignation of the Agent) be imposed on, incurred by or asserted against the Agent or such Affiliate in any way relating to or arising out of this Agreement or any document contemplated by or referred to herein or the
transactions contemplated hereby or thereby or any action taken or omitted by the Agent (or such Affiliate) under or in connection with any of the foregoing; provided, however, that no Lender shall be liable for the payment to the
Agent (or such Affiliate) of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements to the extent resulting from the Agent’s (or such Affiliate’s) gross
negligence or willful misconduct. In addition, each Lender shall reimburse the Agent upon demand for its ratable share of any costs or out-of-pocket expenses (including Attorney Costs) incurred by the Agent in connection with the preparation,
execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, any other Loan Document,
or any document contemplated by or referred to herein to the extent that the Agent is not reimbursed for such expenses by or on behalf of the Borrower. Without limiting the generality of the foregoing, if the Internal Revenue Service or any other


  

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Governmental Authority of the United States or other jurisdiction asserts a claim that the Agent did not properly withhold tax from amounts paid to or for
the account of any Lender (because the appropriate form was not delivered, was not properly executed, or because such Lender failed to notify the Agent of a change in circumstances which rendered the exemption from, or reduction of, withholding tax
ineffective, or for any other reason) such Lender shall indemnify the Agent fully for all amounts paid, directly or indirectly, by the Agent as tax or otherwise, including penalties and interest, and including any taxes imposed by any jurisdiction
on the amounts payable to the Agent under this Section 8.7, together with all related costs and expenses (including Attorney Costs). The obligation of the Lenders in this Section 8.7 shall survive the payment of all Obligations hereunder.

 8.8 Agent in Individual Capacity. Antares and its Affiliates may make loans to, issue letters of credit for the account of, accept
deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory or other business with Holdings, the Borrower and its Subsidiaries and Affiliates as though Antares were not the Agent hereunder and
without notice to or consent of the Lenders. With respect to its Loans, Antares shall have the same rights and powers under this Agreement as any other Lender and may exercise the same as though it were not the Agent, and the terms
“Lender” and “Lenders” shall include Antares in its individual capacity. 
 8.9 Successor Agent. The Person then
acting as the Agent may resign as Agent upon thirty (30) days’ prior notice to the Lenders and to Borrower. If such Person shall resign as Agent under this Agreement, the Required Lenders shall appoint from among the Lenders a successor
agent for the Lenders which appointment shall, so long as no Event of Default has occurred and is continuing, be subject to the approval of the Borrower (which approval shall not be unreasonably withheld or delayed). If no successor agent is
appointed prior to the effective date of the resignation of the Agent, the Agent may thereupon appoint a successor agent from among the Lenders reasonably acceptable to Borrower. Upon the acceptance of its appointment as successor agent hereunder,
such successor agent shall succeed to all the rights, powers and duties of the retiring Agent and the term “Agent” shall mean such successor agent and the retiring Agent’s appointment, powers and duties as Agent shall be terminated.
After any retiring Agent’s resignation hereunder as Agent, the provisions of this Article VIII and Sections 9.4 and 9.5 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement. If
no successor agent has accepted appointment as Agent by the date which is thirty (30) days following a retiring Agent’s notice of resignation (or, if later, ten (10) days after the date upon which the Agent designates a successor
agent), the retiring Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of the Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent as provided
for above. 
 8.10 Collateral Matters. 
 (a) The Agent is authorized (but not required) on behalf of all the Lenders, without the necessity of any notice to or further consent from the Lenders, from time to time to take any action with respect to any
Collateral or the Collateral Documents which may be necessary to perfect and maintain perfected the security interest in and Liens upon the Collateral granted pursuant to the Collateral Documents. 
  

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 (b) The Agent is hereby authorized, at its option and in its discretion, to release any Lien granted to
or held by the Agent upon any Collateral: 
 (i) upon termination of the Commitments and payment in full of all Loans and all
other Obligations then payable under this Agreement and under any other Loan Document; 
 (ii) constituting Property sold or
to be sold or disposed of as part of or in connection with any disposition permitted hereunder; 
 (iii) consisting of an
instrument evidencing Indebtedness or of any other debt instrument, if the Indebtedness evidenced thereby has been paid in full; or 
 (iv) if approved, authorized or ratified in writing by the Required Lenders or all the Lenders, as the case may be, as provided in subsection 9.1(f). 
 Upon request by the Agent at any time, the Lenders will confirm in writing the Agent’s authority to release particular types or items of Collateral pursuant to this subsection 8.10(b). 
 (c) Each Lender agrees with and in favor of each other Lender (which agreement shall not be for the benefit of the Borrower or any of its Subsidiaries)
that the Borrower’s obligation to such Lender under this Agreement and the other Loan Documents shall be equally and ratably secured by any real property and/or other collateral now or hereafter securing any obligations of the Borrower or any
of its Subsidiaries to such Lender, whether or not the same constitutes Collateral hereunder. 
 8.11 Documentation Agent and Syndication
Agent. Notwithstanding any provision to the contrary contained elsewhere in this Agreement or in any other Loan Documents, neither the Documentation Agent nor the Syndication Agent shall have any duties or responsibilities, nor shall the
Document Agent or the Syndication Agent have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other
Loan Documents or otherwise exist against the Documentation Agent or the Syndication Agent. 
 ARTICLE IX – MISCELLANEOUS

 9.1 Amendments and Waivers. 
 (a) No amendment or waiver of any provision of this Agreement or any other Loan Document (or the Subordination Agreement or any subordination provisions applicable to Subordinated Indebtedness), and no consent with respect to any departure
by the Borrower therefrom, shall be effective unless the same shall be in writing and signed by the Required Lenders, the Borrower and acknowledged by the Agent, and then such waiver shall be effective only in the specific instance and for the
specific purpose for which given; provided, however, that no such waiver, amendment, or consent shall, unless in writing and signed by all the Lenders, the Borrower and acknowledged by the Agent, do any of the following: 
 (i) increase or extend the Commitment of any Lender (or reinstate any Commitment terminated pursuant to subsection 7.2(a)); 
  

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 (ii) postpone or delay any date fixed for, or waive, any payment of principal, interest,
fees or other amounts due to the Lenders (or any of them) hereunder or under any other Loan Document (other than any postponement or delay of any date fixed for any mandatory prepayment of the Loans pursuant to subsection 1.8(c) or 1.8(d));

 (iii) reduce the principal of, or the rate of interest specified herein or the amount of interest payable in cash specified
herein on any Loan, or of any fees or other amounts payable hereunder or under any other Loan Document; 
 (iv) change the
percentage of the Commitments or of the aggregate unpaid principal amount of the Loans which shall be required for the Lenders or any of them to take any action hereunder; 
 (v) amend this Section 9.1(a) or the definition of Required Lenders or any provision providing for consent or other action by all
Lenders; 
 (vi) discharge Holdings or any Subsidiary of the Borrower from their respective Obligations under the Loan
Documents, or release all or substantially all of the Collateral except as otherwise may be provided in this Agreement or the other Loan Documents; or 
 (vii) amend or waive any provision of subsection 1.10(c); 
 (b) No amendment, waiver or consent shall,
unless in writing and signed by the Agent in addition to the Required Lenders or all the Lenders, as the case may be, affect the rights or duties of the Agent under this Agreement or any other Loan Document; 
 (c) No amendment or waiver shall, unless signed by Agent, Required Lenders, Borrowers and Required Revolving Lenders: (i) amend or waive compliance
with the conditions precedent to the obligations of Lenders to make any Revolving Loan (or to issue any Lender Letter of Credit or Letter of Credit Participation Agreement) in Section 2.2; (ii) amend or waive non-compliance with any
provision of subsection 1.1(c); (iii) amend or waive this subsection 9.1(c) or the definitions of the terms used in this subsection 9.1(c) insofar as the definitions affect the substance of this subsection 9.1(c) or (iv) increase the Swing
Line Commitment; and 
 (d) No amendment, waiver or consent shall, unless in writing and signed by the Swing Line Lender, affect the rights
or duties of the Swing Line Lender (in its capacity as such), under this Agreement or any other Loan Document. 
 9.2 Notices.

 (a) All notices, requests and other communications provided for hereunder shall be in writing (including, unless the context expressly
otherwise provides, by facsimile or electronic transmission) and mailed by certified or registered mail, faxed or delivered by personal or overnight delivery, to the address or facsimile number specified for notices on the applicable 

  

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signature page hereof (or, with respect to communications permitted or required to be delivered hereunder to the Agent electronically, to
bsommerfeld@antareslev.com and dglickman@antareslev.com, or to such other e-mail addresses as may be designated by the Agent in a written notice to each of the other parties hereto given in compliance herewith); or, if directed to the Borrower or
the Agent, to such other address as shall be designated by such party in a written notice to each of the other parties hereto given in compliance herewith, or, if directed to any other party hereto, to such other address as shall be designated by
such party in a written notice given in compliance herewith to the Borrower and the Agent. The address for notices, requests and other communication to the Swing Line Lender shall be as follows or to such other address as shall be designated by the
Swing Line Lender in a written notice to each of the other parties hereto given in compliance herewith: 
 Antares Capital Corporation

 311 South Wacker Drive 
 Suite
4400 
 Attention: Portfolio Manager - Panther 
 Facsimile: (312) 697-3998 
 (b) All such notices, requests and communications shall be effective
(i) if delivered in person, when delivered, (ii) if delivered by facsimile transmission, on the date of transmission if transmitted on a Business Day before 4:00 p.m. Chicago time, otherwise on the next Business Day, (iii) if
delivered electronically, upon receipt thereof by the recipient; (iv) if delivered by overnight courier, one (1) Business Day after delivery to the courier properly addressed and (v) if mailed, upon the third (3rd) Business Day
after the date deposited into the U.S. Mail, certified or registered; except that notices pursuant to Article I shall not be effective until actually received by the Agent. 
 (c) The Borrower acknowledges and agrees that any agreement of the Agent and the Lenders in Article I hereof to receive certain notices by telephone,
facsimile and other electronic transmission is solely for the convenience and at the request of the Borrower. The Agent and the Lenders shall be entitled to rely on the authority of any Person purporting to be a Person authorized by the Borrower to
give such notice and the Agent and the Lenders shall not have any liability to the Borrower or other Person on account of any action taken or not taken by the Agent or the Lenders in reliance upon such telephonic, facsimile or other electronic
notice. The obligation of the Borrower to repay the Loans shall not be affected in any way or to any extent by any failure by the Agent and the Lenders to receive written confirmation of any telephonic or facsimile notice or the receipt by the Agent
and the Lenders of a confirmation which is at variance with the terms understood by the Agent and the Lenders to be contained in the telephonic or facsimile notice. 
 9.3 No Waiver: Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of the Agent or any Lender, any right, remedy, power or privilege hereunder, 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. No course of dealing between Borrower, any
Affiliate of Borrower, Agent or any Lender shall be effective to amend, modify or discharge any provision of this Agreement or any of the other Loan Documents. 
  

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 9.4 Costs and Expenses. Whether or not the transactions contemplated hereby shall be consummated,
the Borrower shall pay or reimburse: 
 (a) Antares (including in its capacity as Agent) within five (5) Business Days after demand
(except as otherwise provided in subsection 2.1(f)) for all actual, reasonable, out-of-pocket costs and expenses incurred by Antares (including in its capacity as Agent) in connection with the development, preparation, syndication, delivery,
administration and execution of, and any amendment, supplement, waiver or modification to (in each case, whether or not consummated), this Agreement, any Loan Document and any other documents prepared in connection herewith or therewith, and the
consummation of the transactions contemplated hereby and thereby, including the Attorney Costs incurred by Antares (including in its capacity as Agent) with respect thereto and for all out-of-pocket costs and expenses incurred by it in connection
with the enforcement, attempted enforcement, or preservation of any rights or remedies during the existence of an Event of Default (including in connection with any “workout” or restructuring regarding the Loans, and including in any
Insolvency Proceeding or appellate proceeding) under this Agreement, any other Loan Document, and any such other documents; 
 (b) Lenders
within five (5) Business Days after demand for all Attorney Costs of one law firm, on behalf of all Lenders (other than Antares) incurred by them in connection with the enforcement, attempted enforcement, or preservation of any rights or
remedies during the existence of an Event of Default (including in connection with any “workout” or restructuring regarding the Loans, and including in any Insolvency Proceeding or appellate proceeding) under this Agreement, any other Loan
Document; and 
 (c) Agent within five (5) Business Days after demand for all actual, reasonable, out-of-pocket appraisal, audit,
environmental inspection and review (including the allocated cost of such internal services), search and filing costs, fees and expenses, incurred or sustained by Agent in connection with the matters referred to under subsection (a) of this
Section 9.4. 
 The obligations of this Section 9.4 shall survive payment of all other Obligations. 
 9.5 Indemnity. Whether or not the transactions contemplated hereby shall be consummated, the Borrower shall indemnify, defend and hold harmless
each Lender, the Swing Line Lender (in its capacity as such), the Agent, each Affiliate of Agent providing Lender Letters of Credit and each of their respective officers, directors, employees, counsel, agents and attorneys-in-fact (each, an
“Indemnified Person”) from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, charges, and reasonable expenses or disbursements (including Attorney Costs): 
 (a) of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement and any other
Loan Documents, or the transactions contemplated hereby and thereby, and with respect to any investigation, litigation or proceeding (including any Insolvency Proceeding or appellate proceeding) related to this Agreement or the Loans or the
transactions contemplated hereby or the use of the proceeds thereof, whether or not any Indemnified Person is a party thereto; and 
  

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 (b) which may be incurred by or asserted against such Indemnified Person in connection with or arising
out of any pending or threatened investigation, litigation or proceeding, or any action taken by any Person, with respect to any Environmental Claim arising out of or related to any Property of Borrower or any of its Subsidiaries; 
 (all the foregoing, collectively, the “Indemnified Liabilities”); provided, that the Borrower shall have no obligation hereunder to any Indemnified
Person with respect to Indemnified Liabilities to the extent arising from the gross negligence or willful misconduct of such Indemnified Person as determined by a court of competent jurisdiction. 
 No action taken by legal counsel chosen by the Agent or any Lender in defending against any investigation, litigation or proceeding or requested
remedial, removal or response action shall vitiate or in any way impair the Borrower’s obligation and duty hereunder to indemnify and hold harmless the Agent and each Lender. In no event shall any site visit, observation, or testing by the
Agent or any Lender (or any contractee of the Agent or any Lender) be deemed a representation or warranty that Hazardous Materials are or are not present in, on, or under, the site, or that there has been or shall be compliance with any
Environmental Law. Neither the Borrower nor any other Person is entitled to rely on any site visit, observation, or testing by the Agent or any Lender. Neither the Agent nor any Lender owes any duty of care to protect the Borrower or any other
Person against, or to inform the Borrower or any other Person of, any Hazardous Materials or any other adverse condition affecting any site or Property. Neither the Agent nor any Lender shall be obligated to disclose to the Borrower or any other
Person any report or findings made as a result of, or in connection with, any site visit, observation, or testing by the Agent or any Lender. 
 The obligations in this Section 9.5 shall survive payment of all other Obligations. At the election of any Indemnified Person, the Borrower shall defend such Indemnified Person using legal counsel satisfactory to such Indemnified
Person in such Person’s reasonable discretion, at the sole cost and expense of the Borrower. All amounts owing under this Section 9.5 shall be paid within thirty (30) days after demand. 
 9.6 Marshaling; Payments Set Aside. Neither the Agent nor any Lender shall be under any obligation to marshal any assets in favor of the Borrower
or any other Person or against or in payment of any or all of the Obligations. To the extent that the Borrower makes a payment or payments to the Agent or any Lender, or the Agent or any Lender enforces its Liens or exercises its rights of setoff,
and such payment or payments or the proceeds of such enforcement or setoff or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by the
Agent in its discretion) to be repaid to a trustee, receiver or any other party in connection with any Insolvency Proceeding, or otherwise, then: 
 (a) to the extent of such recovery the Obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such enforcement or setoff had not
occurred; and 
 (b) each Lender severally agrees to pay to the Agent upon demand its ratable share of the total amount so recovered from or
repaid by the Agent. 
  

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 The agreement and obligations of this Section shall survive payment of all other Obligations. 
 9.7 Successors and Assigns. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns; provided that any assignment by any Lender shall be subject to the provisions of Section 9.8 hereof, and provided further that the Borrower may not assign or transfer any of its rights or
obligations under this Agreement without the prior written consent of the Agent and each Lender. 
 9.8 Assignments, Participations,
etc. 
 (a) Any Lender may, with the written consent of the Borrower, which consent shall not be unreasonably withheld (provided that
such consent shall not be required at any time that a Default or an Event of Default exists or in connection with any assignment by a Lender to another Lender or to an Eligible Assignee that is an Affiliate of a Lender or a Related Fund of a
Lender), and the Agent, at any time assign and delegate to one or more Eligible Assignees (provided that such consent of the Agent or the Borrower shall not be required in connection with any assignment and delegation by a Lender to an Eligible
Assignee that is an Affiliate of such Lender) (each an “Assignee”) all, or any part of the Loans, the Commitments and the other rights and obligations of such Lender hereunder, in a minimum amount of $1,000,000 (or such lesser amount to
which the Agent, in its sole discretion, may agree) or, if less, the entire Commitment or Loan(s) of such Lender; provided, however, that any assignment of the Swing Line Commitment and Swing Line Loans thereunder (x) shall
require the prior written consent of Agent which may be granted or withheld in its sole discretion and (y) shall be in the full amount of the Swing Line Commitment and outstanding Swing Line Loans at such time; provided, further,
however, that in no event shall more than one Lender hold the Swing Line Commitment and Swing Line Loans at any time; and provided, further, however, in all instances, that the Borrower and the Agent may continue to deal
solely and directly with such Lender in connection with the interest so assigned to an Assignee until: 
 (i) written notice
of such assignment, together with payment instructions, addresses and related information with respect to the Assignee, shall have been given to the Borrower and the Agent by such Lender and the Assignee; 
 (ii) such Lender and its Assignee shall have delivered to the Borrower and the Agent an Assignment and Acceptance in form and substance
reasonably satisfactory to Agent, such Lender and its Assignee (an “Assignment and Acceptance”); and 
 (iii) the
assignor Lender or the Assignee has paid to the Agent a processing fee in the amount of $3,500, provided no processing fee shall be required to be paid in connection with an assignment by a Lender to an Eligible Assignee that is an Affiliate of such
Lender. 
 No less frequently than once every fiscal quarter, Agent shall notify Swing Line Lender of any assignments made to an entity that was not
previously a Lender. 
 (b) Subject to the provisions of subsection 9.8(f) below, from and after the date that the Agent notifies the
assignor Lender that the Agent has received and provided its consent with 

  

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respect to an executed Assignment and Acceptance and payment of the above-referenced processing fee: 
 (i) the Assignee thereunder shall be a party hereto and, to the extent that rights and obligations hereunder have been assigned to it
pursuant to such Assignment and Acceptance, shall have the rights and obligations of a Lender under this Agreement and the other Loan Documents; and 
 (ii) the assignor Lender shall, to the extent that rights and obligations hereunder and under the other Loan Documents have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights and be
released from its obligations under the Loan Documents. 
 (c) Subject to the provisions of subsection 9.8(f) below, immediately upon the
making of the processing fee payment to the Agent in respect of the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting
adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitment of the assigning Lender to the same extent. 
 (d) Any Lender may at any time sell to one or more commercial banks or other Persons not Affiliates of the Borrower (a “Participant”) participating interests in any Loans, the Commitment of that Lender and
the other interests of that Lender (the “Originating Lender”) hereunder and under the other Loan Documents; provided, however, that: 
 (i) the Originating Lender’s obligations under this Agreement shall remain unchanged; 
 (ii) the Originating Lender shall remain solely responsible for the performance of such obligations; 
 (iii) the Borrower and the Agent shall continue to deal solely and directly with the Originating Lender in connection with the Originating
Lender’s rights and obligations under this Agreement and the other Loan Documents; and 
 (iv) no Lender shall transfer
or grant any participating interest under which the Participant shall have rights to approve any amendment to, or any consent or waiver with respect to, this Agreement or any other Loan Document, except to the extent such amendment, consent or
waiver would require unanimous consent of the Lenders as described in the first proviso to subsection 9.1(a). 
 In the case of any such
participation, the Participant shall not have any rights under this Agreement, or any of the other Loan Documents, and all amounts payable by the Borrower hereunder shall be determined as if such Lender had not sold such participation. 

(e) Notwithstanding any other provision contained in this Agreement or any other Loan Document to the contrary, any Lender may (i) assign all or
any portion of the Loans held by it to any Federal Reserve Bank or the United States Treasury as collateral security pursuant to 

  

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Regulation A of the Federal Reserve Board and any Operating Circular issued by such Federal Reserve Bank, (ii) in the case of any Lender that is a fund,
trust or similar entity, assign or pledge all or any portion of the Loans held by it (and Notes evidencing such Loans) to the trustee under any indenture to which such Lender is a party in support of its obligations to the trustee for the benefit of
the applicable trust beneficiaries, or (iii) pledge all or any portion of the Loans held by it (and Notes evidencing such Loans) to its lenders for collateral security purposes, provided that any payment in respect of such assigned Loans
made by the Borrower to or for the account of the assigning or pledging Lender in accordance with the terms of this Agreement shall satisfy the Borrower’s obligations hereunder in respect to such assigned or pledged Loans to the extent of such
payment. No such assignment or pledge shall release the assigning Lender from its obligations hereunder. 
 (f) The Agent shall, on behalf of
the Borrower, maintain at its address referred to in Section 9.2 a copy of each Assignment and Acceptance delivered to it and a register (the “Register”) for the recordation of the names and addresses of the Lenders and the Commitment
of, and principal amount of the Loans owing to, each Lender from time to time. The entries in the Register shall be conclusive, in the absence of demonstrable error, and the Borrower, the Agent and the Lenders shall treat each Person whose name is
recorded in the Register as the owner of the Commitments, Loans and any Notes evidencing such Loans recorded therein for all purposes of this Agreement. Any assignment of any Commitment and/or Loan, whether or not evidenced by a Note, shall be
effective only upon appropriate entries with respect thereto being made in the Register. Any assignment or transfer of all or part of a Commitment and/or Loan evidenced by a Note shall be registered on the Register only upon a surrender or
registration of assignment or transfer of the Note evidencing such Loan, accompanied by a duly executed Assignment and Acceptance; thereupon one or more new Notes in the same aggregate principal amount shall be issued to the designated assignee and,
if applicable, assignor, and the old Notes shall be returned by the Agent to the Borrower marked “cancelled”. The Register shall be available for inspection by the Borrower or any Lender (with respect to any entry relating to such
Lender’s Commitments and Loans) at any reasonable time and from time to time upon reasonable prior notice. 
 9.9
Confidentiality. Each of the Agent and the Lenders shall, until the second anniversary of the Revolving Termination Date, maintain in confidence in accordance with its customary procedures for handling confidential information, all written
information that Borrower or any of its Subsidiaries, or any of their authorized representatives, furnishes to the Agent or any Lender on a confidential basis clearly marked as such (“Confidential Information”), other than any such
Confidential Information that becomes generally available to the public other than as a result of a breach by the Agent or any Lender of its obligations hereunder or that is or becomes available to the Agent or such Lender from a source other than
Borrower or any of its Subsidiaries, or any of their authorized representatives, and that is not, to the actual knowledge of the recipient thereof, subject to obligations of confidentiality with respect thereto; provided, however, that the
Agent and each Lender shall in any event have the right to deliver copies of any such documents, and to disclose any such information, to: 
 (a) on a confidential basis, its directors, officers, trustees, partners, employees, agents, attorneys and professional consultants; 
  

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 (b) portfolio management services and rating agencies; 
 (c) any other Lender and any successor Agent; 
 (d) any Person to which such Lender offers to sell any Loan or any part thereof or interest or participation therein (provided such Person agrees to keep such information confidential on the terms set forth in this Section 9.9);

 (e) any federal or state regulatory authority or examiner, or any insurance industry association, regulating or having jurisdiction over
the Agent or such Lender; and 
 (f) any other Person to which such delivery or disclosure may be necessary or appropriate (i) in
compliance with any applicable law, rule, regulation or order, (ii) in response to any subpoena or other legal process or informal investigative demand, (iii) in connection with any litigation to which the Agent or such Lender is a party,
or (iv) in connection with the enforcement of the rights and remedies of the Agent or the Lenders under this Agreement and the other Loan Documents at any time when an Event of Default shall have occurred and be continuing. 
 9.10 Set-off; Sharing of Payments. In addition to any rights and remedies now or hereafter granted under applicable law, and not by way of
limitation of any such rights or remedies at any time and from time to time, upon the occurrence and during the continuance of any Event of Default, each Lender is hereby authorized by the Borrower, with reasonably prompt subsequent notice to the
Borrower (any prior or contemporaneous notice being hereby expressly waived by the Borrower) to set off and to appropriate and to apply any and all 
 (a) balances held by such Lender at any of its offices for the account of the Borrower or any of its Subsidiaries (regardless of whether such balances are then due to the Borrower or any of its Subsidiaries); and 
 (b) other Property at any time held or owing by such Lender to or for the credit or for the account of the Borrower or any of its Subsidiaries;

 against and on account of any and all Obligations which are not paid when due; except that no Lender shall exercise such right without the prior written
consent of the Agent. Any Lender having a right to set off shall purchase for cash (and the other Lenders shall sell) participations in each such other Lender’s pro rata share of the Obligations as would be necessary to cause such Lender to
share the benefit of such right of set-off with each other Lender in accordance with their respective pro rata shares of the Obligations. The Borrower agrees, to the fullest extent permitted by law, that (i) any Lender may exercise its right to
set off with respect to amounts in excess of its pro rata share of the Obligations and may sell participations to other Lenders, and (ii) any Lender so purchasing a participation in the Obligations held by other Lenders may exercise all rights
of setoff, bankers’ lien, counterclaim or similar rights with respect to such participation as fully as if such Lender were a direct holder of Obligations in the amount of such participation. The Borrower hereby grants to each Lender a security
interest in all such deposits and other Property, whether now existing or hereafter arising, held by each Lender for the purposes set forth herein. 
  

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 9.11 Notification of Addresses, Lending Offices, Etc. Each Lender shall notify the Agent in
writing of any changes in the address to which notices to such Lender should be directed, of addresses of its Lending Office, of payment instructions in respect of all payments to be made to it hereunder and of such other administrative information
as the Agent shall reasonably request. 
 9.12 Counterparts. This Agreement may be executed by one or more of the parties to this
Agreement in any number of separate counterparts, each of which, when so executed, shall be deemed an original, and all of said counterparts taken together shall be deemed to constitute but one and the same instrument. A set of the copies of this
Agreement signed by all the parties shall be lodged with each of the Borrower and the Agent. 
 9.13 Severability; Facsimile
Signature. The illegality or unenforceability of any provision of this Agreement or any instrument or agreement required hereunder shall not in any way affect or impair the legality or enforceability of the remaining provisions of this Agreement
or any instrument or agreement required hereunder. Any Loan Document, or other agreement, document or instrument, delivered by facsimile transmission shall have the same force and effect as if the original thereof had been delivered. 
 9.14 Captions. The captions and headings of this Agreement are for convenience of reference only and shall not affect the interpretation of this
Agreement. 
 9.15 Independence of Provisions. The parties hereto acknowledge that this Agreement and other Loan Documents may use
several different limitations, tests or measurements to regulate the same or similar matters, and that such limitations, tests and measurements are cumulative and must each be performed, except as expressly stated to the contrary in this Agreement.

 9.16 Interpretation. This Agreement is the result of negotiations among and has been reviewed by counsel to the Agent, the Borrower
and other parties hereto, and is the product of all parties hereto. Accordingly, this Agreement and the other Loan Documents shall not be construed against the Lenders or the Agent merely because of the Agent’s or Lenders’ involvement in
the preparation of such documents and agreements. 
 9.17 No Third Parties Benefited. This Agreement is made and entered into for the
sole protection and legal benefit of the Borrower, the Lenders and the Agent, and their permitted successors and assigns, and no other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim
in connection with, this Agreement or any of the other Loan Documents. Neither the Agent nor any Lender shall have any obligation to any Person not a party to this Agreement or the other Loan Documents. 
 9.18 Governing Law and Jurisdiction. 
 (A) THIS AGREEMENT AND EACH NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THAT WOULD CAUSE THE
LAWS OF ANY OTHER STATE 

  

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TO APPLY; PROVIDED THAT THE AGENT AND THE LENDERS SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW. 
 (B) BORROWER HEREBY IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL OR ILLINOIS STATE COURT SITTING
IN CHICAGO, ILLINOIS IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENT AND BORROWER HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY SUCH COURT AND
IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH COURT IS AN INCONVENIENT FORUM. NOTHING HEREIN SHALL LIMIT THE RIGHT OF AGENT OR ANY LENDER TO
BRING PROCEEDINGS AGAINST BORROWER IN THE COURTS OF ANY OTHER JURISDICTION. ANY JUDICIAL PROCEEDING BY BORROWER AGAINST AGENT OR ANY LENDER OR ANY AFFILIATE THEREOF INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO,
OR CONNECTED WITH ANY LOAN DOCUMENT SHALL BE BROUGHT ONLY IN A COURT IN CHICAGO, ILLINOIS. 
 (C) IF ANY AGENT
APPOINTED BY BORROWER REFUSES TO ACCEPT SERVICE, BORROWER HEREBY AGREES THAT SERVICE UPON IT BY MAIL SHALL CONSTITUTE SUFFICIENT NOTICE. NOTHING HEREIN SHALL AFFECT THE RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW. 
 9.19 Waiver of Jury Trial. THE BORROWER, THE LENDERS AND THE AGENT EACH WAIVE THEIR RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR
CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS AGREEMENT, THE OTHER LOAN DOCUMENTS, OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY, IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST
ANY OTHER PARTY OR PARTIES, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR OTHERWISE. THE BORROWER, THE LENDERS AND THE AGENT EACH AGREE THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT
LIMITING THE FOREGOING, THE PARTIES FURTHER AGREE THAT THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION AS TO ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR
ENFORCEABILITY OF THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS OR ANY PROVISION HEREOF OR THEREOF. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS.

  

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 9.20 Entire Agreement; Release. This Agreement, together with the other Loan Documents, embodies
the entire agreement and understanding among Holdings, the Borrower, the Lenders and the Agent, and supersedes all prior or contemporaneous Agreements and understandings of such Persons, oral or written, relating to the subject matter hereof and
thereof and any prior arrangements made with respect to the payment by the Borrower of (or any indemnification for) any fees, costs or expenses payable to or incurred (or to be incurred) by or on behalf of the Agent or the Lenders. Borrower has
relied exclusively on the terms and provisions contained in this Agreement and the other Loan Documents in its execution and delivery hereof and thereof and entering into the transactions which are the subject hereof and thereof. Execution of this
Agreement by the Borrower constitutes a full, complete and irrevocable release of any and all claims which the Borrower may have at law or in equity in respect of all prior discussions and understandings, oral or written, relating to the subject
matter of this Agreement and the other Loan Documents. Neither Agent nor any Lender shall be liable to Borrower or any other Person on any theory of liability for any special, indirect, consequential or punitive damages. 
 9.21 Patriot Act. Each Lender that is subject to the Patriot Act hereby notifies Borrower that pursuant to the requirements of the Patriot Act, it
is required to obtain, verify and record information that identifies Borrower, which information includes the name and address of Borrower and other information that will allow such Lender to identify Borrower in accordance with the Patriot Act.

 9.22 Replacement of Lender. Within forty-five (45) days after: (i) receipt by the Borrower of written notice and demand
from any Lender (an “Affected Lender”) for payment of additional costs as provided in Sections 10.1,10.3 and/or 10.6; (ii) any default by a Lender in its obligation to make Loans hereunder after all conditions thereto have been
satisfied, provided such default shall not have been cured; or (iii) any failure by any Lender to consent to a requested amendment, waiver or modification to any Loan Document in which Required Lenders have already consented to such amendment,
waiver or modification but the consent of each Lender (or each Lender having Revolving Loans or Term Loan or each Lender directly affected thereby, as applicable) is required with respect thereto, the Borrower may, at its option, notify the Agent
and such Affected Lender (or such defaulting or non-consenting Lender, as the case may be) of the Borrower’s intention to obtain, at the Borrower’s expense, a replacement Lender (“Replacement Lender”) for such Affected Lender (or
such defaulting or non-consenting Lender, as the case may be), which Replacement Lender shall be reasonably satisfactory to the Agent. In the event the Borrower obtains a Replacement Lender within forty-five (45) days following notice of its
intention to do so, the Affected Lender (or defaulting or non-consenting Lender, as the case may be) shall sell and assign its Loans and Commitments to such Replacement Lender, at par, provided that the Borrower has reimbursed such Affected Lender
for its increased costs for which it is entitled to reimbursement under this Agreement through the date of such sale and assignment. In the event that a replaced Lender does not execute an Assignment and Acceptance pursuant to Section 9.8
within five (5) Business Days after receipt by such replaced Lender of notice of replacement pursuant to this Section 9.22 and presentation to such replaced Lender of an Assignment and Acceptance evidencing an assignment pursuant to this
Section 9.22, the Borrower shall be entitled (but not obligated) to execute such an Assignment and Acceptance on behalf of such replaced Lender, and any such Assignment and Acceptance so executed by the Borrower, the Replacement Lender and the
Agent, shall be effective for purposes of this 

  

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Section 9.22 and Section 9.8. Upon any such assignment and payment and compliance with the other provisions of Section 9.8, such replaced Lender
shall no longer constitute a “Lender” for purposes hereof; provided, any rights of such replaced Lender to indemnification hereunder shall survive as to such replaced Lender. 
 9.23 Continued Effectiveness; No Novation. Anything contained herein to the contrary notwithstanding, this Agreement is not intended to and shall
not serve to effect a novation of the Obligations under the Original Credit Agreement. Instead, it is the express intention of the parties hereto to reaffirm the indebtedness created under the Original Credit Agreement which is evidenced by the
notes provided for therein and secured by the Collateral. Borrower acknowledges and confirms that it has no defense, set off, claim or counterclaim against the Agent and the Lenders with regard to the indebtedness, liabilities and obligations
created under the Original Credit Agreement and the liens and security interests granted pursuant to the Loan Documents secure the indebtedness, liabilities and obligations of the Borrower to the Agent and the Lenders under the Original Credit
Agreement, as amended and restated hereby, and that the term “Obligations” as used in the Loan Documents (or any other term used therein to describe or refer to the indebtedness, liabilities and obligations of the Borrower to the Agent and
the Lenders) includes, without limitation, the indebtedness, liabilities and obligations of the Borrower under the Notes to be delivered hereunder, and under the Original Credit Agreement, as amended and restated hereby, as the same further may be
amended, modified, supplemented and/or restated from time to time. The Loan Documents and all agreements, instruments and documents executed or delivered in connection with any of the foregoing shall each be deemed to be amended to the extent
necessary to give effect to the provisions of this Agreement. Cross-references in the Loan Documents to particular section numbers in the Original Credit Agreement shall be deemed to be cross-references to the corresponding sections, as applicable,
of this Agreement. 
 9.24 Press Release and Related Matters. Borrower agrees that neither it nor its Affiliates will in the future
issue any press releases or other public disclosure using the name “GE Capital” or its affiliates or referring to this Agreement, the other Loan Documents or the Related Agreements without at least two (2) Business Days’ prior
notice to the Agent and without the prior written consent of the Agent unless (and only to the extent that) Borrower or such Affiliate is required to do so under law and then, in any event, Borrower or such Affiliate will consult with the Agent
before issuing such press release or other public disclosure. Borrower consents to the publication by Agent or any Lender of advertising material relating to the financing transactions contemplated by this Agreement using Borrower’s name,
product photographs, logo or trademark. Agent or such Lender shall provide a draft of any advertising material to Borrower for review and comment prior to the publication thereof. Agent reserves the right to provide to industry trade organizations
information necessary for inclusion in league table measurements. 
 ARTICLE X - TAXES, YIELD PROTECTION AND ILLEGALITY

 10.1 Taxes. 
 (a)
Subject to subsection 10.1(g) or to the extent required by applicable law, any and all payments by the Borrower to each Lender or the Agent under this Agreement shall be made 

  

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free and clear of, and without deduction or withholding for, any and all present or future taxes, levies, imposts, deductions, charges or withholdings
imposed by any Governmental Authority, and all interest, additions to tax or penalties applicable thereto, excluding, in the case of each Lender and the Agent, such taxes (including income taxes, franchise taxes branch profits taxes or similar
taxes) as are imposed on or measured by each Lender’s net income by the jurisdiction under the laws of which such Lender or the Agent, as the case may be, is organized or maintains a Lending Office or any political subdivision thereof or
imposed as a result of any present or former connection between the jurisdiction imposing such tax and such Lender other than a connection arising solely as a result of such Lender having performed its obligations or received payment hereunder or
under any Loan Document (all such non-excluded taxes, levies, imposts, deductions, charges, withholdings and interest, additions to tax or penalties applicable thereto being hereinafter referred to as “Non-Excluded Taxes,” and all such
excluded taxes being hereinafter referred to as “Excluded Taxes”). 
 (b) In addition, the Borrower shall pay any present or future
stamp or documentary taxes or any other excise or property taxes, charges or similar levies imposed by any Governmental Authority which arise from any payment made hereunder or from the execution, delivery or registration of, or otherwise with
respect to, this Agreement or any other Loan Document (hereinafter referred to as “Other Taxes”). 
 (c) Subject to subsection
10.1(g), the Borrower shall indemnify and hold harmless each Lender and the Agent for the full amount of Non-Excluded Taxes or Other Taxes (including any Non-Excluded Taxes or Other Taxes imposed by any jurisdiction on amounts payable under this
Section 10.1) paid by such Lender or the Agent and any liability (including penalties, interest, additions to tax and expenses) arising therefrom or with respect thereto, whether or not such Non-Excluded Taxes or Other Taxes were correctly or
legally asserted. Payment under this indemnification shall be made within thirty (30) days from the date any Lender or the Agent makes written demand therefor. 
 (d) If the Borrower shall be required by law to deduct or withhold any Non-Excluded Taxes or Other Taxes from or in respect of any sum payable hereunder to any Lender or the Agent, then, subject to subsection 10.1(g):

 (i) the sum payable shall be increased as necessary so that after making all required deductions (including deductions
applicable to additional sums payable under this Section 10.1) such Lender or the Agent, as the case may be, receives an amount equal to the sum it would have received had no such deductions been made; 
 (ii) the Borrower shall make such deductions; and 
 (iii) the Borrower shall pay the full amount deducted to the relevant Governmental Authority in accordance with applicable law.

 (e) Within thirty (30) days after the date of any payment by the Borrower of Non- Excluded Taxes or Other Taxes, the Borrower shall
furnish to the Agent (and the applicable Lender) the original or a certified copy of a receipt evidencing payment thereof, or other evidence of payment satisfactory to the Agent (and the applicable Lender). 
  

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 (f) Each Lender that is not a “United States person” as defined under Section 7701(a)(30)
of the Code (a “Non-U.S. Lender”) shall deliver to the Borrower and the Agent either (i) two completed copies of either (x) U.S. Internal Revenue Service Form W-8BEN claiming eligibility of the Non-U.S. Lender for benefits of an
income tax treaty to which the United States is a party or (y) U.S. Internal Revenue Service Form W-8ECI, or in either case any subsequent versions thereof or successor forms thereto; or (ii) in the case of a Non-U.S. Lender that is
entitled to claim and is claiming exemption from U.S. federal withholding tax under Section 871(h) or Section 881(c) of the Code with respect to payments of “portfolio interest,” (x) a certificate representing that such
Non-U.S. Lender is not (A) a “bank” for purposes of Section 881(c)(3)(A) of the Code, (B) a ten percent (10%) shareholder of Borrower within the meaning of Section 871(h)(3)(B) of the Code, or (C) a controlled
foreign corporation related to Borrower within the meaning of Section 864(d)(4) of the Code (referred to as an “Exemption Certificate”) and (y) two completed copies of U.S. Internal Revenue Service Form W-8BEN or any subsequent
versions thereof or successor forms thereto, in each case properly completed and duly executed by such Non-U.S. Lender claiming complete exemption from, or a reduced rate of, U.S. federal withholding tax on all payments by Borrower under this
Agreement and the other Loan Documents. Such forms shall be delivered by each Non-U.S. Lender to the Borrower on or before the date such Non-U.S. Lender becomes a party to this Agreement. In addition, each Non-U.S. Lender shall deliver such forms
promptly upon the obsolescence or invalidity of any form previously delivered by such Non-U.S. Lender (but only for so long as such Non-U.S. Lender is legally available to deliver such form). Each Non-U.S. Lender shall promptly notify the Borrower
at any time it determines that it is no longer in a position to provide any previously delivered certificate to the Borrower (or any other form of certification adopted by the U.S. taxing authorities for such purpose). 
 Each Lender that is a “United States person” as defined under Section 7701(a)(30) of the Code (a “U.S. Lender”) shall deliver to the Borrower
and the Agent such form or forms, certificates or documentation, including two original copies of United States Internal Revenue Service Form W-9, as reasonably requested by any Borrower to confirm or establish that such U.S. Lender is not subject
to deduction, withholding, or backup withholding of United States federal income tax with respect to any payments to such U.S. Lender. Such forms shall be delivered by each U.S. Lender to the Borrower on or before the date such U.S. Lender becomes a
party to this Agreement. 
 (g) The Borrower will not be required to pay any additional amounts to any Lender pursuant to
Section 10.1(d)(i), or to indemnify any Lender pursuant to Section 10.1(c), in respect of any United States federal withholding taxes: 
 (i) if the obligation to pay such additional amounts or to indemnify a Lender would not have arisen but for a failure by such Lender to comply with its obligations under subsection 10.1(f), including the failure of
such Lender to deliver to Borrower the form or forms and/or an Exemption Certificate, as applicable to such Lender; 
 (ii) if
such Lender shall have delivered to the Borrower a Form W-8BEN and/or Form W-8ECI (or any subsequent versions thereof or successors thereto) in respect of such Lending Office pursuant to subsection 10.1(f), and such Lender shall not at any time be
entitled to complete exemption from deduction or withholding of United 

  

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States Federal income tax in respect of payments by the Borrower hereunder for the account of such Lending Office for any reason, including if such forms or
Exemption Certificate fail to establish a complete exemption from United States federal withholding tax or if the information or certifications made therein by such Lender being untrue or inaccurate on the date delivered, other than to the extent
that such reason is attributable to a change in United States law, treaty or regulations or in the official interpretation of such law or regulations by any Governmental Authority charged with the interpretation or administration thereof (whether or
not having the force of law) after the date of delivery of such Form W-8BEN and/or Form W-8ECI (or any subsequent versions thereof or successors thereto); or 
 (iii) if such Lender designates a successor Lending Office at which it maintains its loans which has the effect of causing such Lender to
become obligated for Non-Excluded Taxes or payments to such Lender to be subject to deduction or withholding in excess of those in effect immediately prior to such designation. 
 (h) If, at any time, the Borrower requests any Lender to deliver any forms or other documentation pursuant to subsection 10.1(f), then the Borrower
shall, on demand of such Lender through the Agent, reimburse such Lender for any costs and expenses (including Attorney Costs) reasonably incurred by such Lender in the preparation or delivery of such forms or other documentation. 
 (i) If the Borrower is required to pay additional amounts to any Lender or the Agent pursuant to subsection 10.1(d), then such Lender shall use its
reasonable best efforts (consistent with legal and regulatory restrictions) to change the jurisdiction of its Lending Office so as to eliminate any such additional payment by the Borrower which may thereafter accrue if such change in the judgment of
such Lender is not otherwise disadvantageous to such Lender. 
 (j) If the Borrower pays any amounts under this Section 10.1 to a Lender
or a Governmental Authority with respect to such Lender and such Lender becomes aware that it has actually received any refund of such amounts, such Lender shall within thirty (30) Business Days pay such refund to the Borrower (but only to the
extent of the amounts paid by the Borrower to such Lender in respect of the amounts giving rise to such refund), net of all out-of-pocket expenses incurred in obtaining such refund; provided, however, that (i) the Borrower agrees
to repay the amount it received from such Lender in the event such Lender is required to repay such refund for any reason; (ii) nothing in this Section 10.1 shall require any Lender to disclose to the Borrower or to any other Person any
information it deems to be confidential in its sole discretion (including, without limitation, its tax returns); and (iii) no Lender shall be required to pay any amounts pursuant to this Section 10.1 at any time in which a Default or Event
of Default shall have occurred and be continuing. 
 (k) If any Non-Excluded Tax or Other Tax was not correctly or legally asserted, the
relevant Lender shall, upon the Borrower’s reasonable request and at the expense of Borrower, provide such documents to Borrower as are necessary to enable Borrower to contest such Non-Excluded Tax or Other Tax pursuant to appropriate
proceedings then available to the relevant Lender (so long as providing such documents shall not, in the good faith determination of the 

  

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relevant Lender, result in any liability to the relevant Lender and doing so is otherwise permitted under applicable law as determined by such Lender).

 10.2 Illegality. (a) If after the date hereof any Lender shall determine that the introduction of any Requirement of Law, or
any change in any Requirement of Law or in the interpretation or administration thereof, has made it unlawful, or that any central bank or other Governmental Authority has asserted that it is unlawful, for any Lender or its Lending Office to make
LIBOR Rate Loans, then, on notice thereof by such Lender to the Borrower through the Agent, the obligation of that Lender to make LIBOR Rate Loans shall be suspended until such Lender shall have notified the Agent and the Borrower that the
circumstances giving rise to such determination no longer exists. 
 (b) Subject to clause (c) below, if any Lender shall determine that
it is unlawful to maintain any LIBOR Rate Loan, the Borrower shall prepay in full all LIBOR Rate Loans of such Lender then outstanding, together with interest accrued thereon, either on the last day of the Interest Period thereof if such Lender may
lawfully continue to maintain such LIBOR Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such LIBOR Rate Loans, together with any amounts required to be paid in connection therewith pursuant to
Section 10.4. 
 (c) If the obligation of any Lender to make or maintain LIBOR Rate Loans has been terminated, the Borrower may elect,
by giving notice to such Lender through the Agent that all Loans which would otherwise be made by any such Lender as LIBOR Rate Loans shall be instead Base Rate Loans. 
 (d) Before giving any notice to the Agent pursuant to this Section 10.2, the affected Lender shall designate a different Lending Office with respect to its LIBOR Rate Loans if such designation will avoid the need
for giving such notice or making such demand and will not, in the judgment of the Lender, be illegal or otherwise disadvantageous to the Lender. 
 10.3 Increased Costs and Reduction of Return. 
 (a) If any Lender shall determine that, due to either (i) the
introduction of or any change in or in the interpretation of any law or regulation or (ii) the compliance with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), in the case
of either clause (i) or (ii) subsequent to the date hereof, there shall be any increase in the cost to such Lender of agreeing to make or making, funding or maintaining any LIBOR Rate Loans, then the Borrower shall be liable for, and shall
from time to time, within thirty (30) days of demand therefor by such Lender (with a copy of such demand to the Agent), pay to the Agent for the account of such Lender, additional amounts as are sufficient to compensate such Lender for such
increased costs. 
 (b) If any Lender shall have determined that: 
 (i) the introduction of any Capital Adequacy Regulation; 
 (ii) any change in any Capital Adequacy Regulation; 
  

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 (iii) any change in the interpretation or administration of any Capital Adequacy
Regulation by any central bank or other Governmental Authority charged with the interpretation or administration thereof; or 
 (iv) compliance by such Lender (or its Lending Office) or any corporation controlling the Lender, with any Capital Adequacy Regulation; 
 affects
the amount of capital required or expected to be maintained by such Lender or any entity controlling such Lender and (taking into consideration such Lender’s or such entity’s policies with respect to capital adequacy and such Lender’s
desired return on capital) determines that the amount of such capital is increased as a consequence of its Commitment(s), loans, credits or obligations under this Agreement, then, within thirty (30) days of demand of such Lender (with a copy to
the Agent), the Borrower shall pay to such Lender, from time to time as specified by such Lender, additional amounts sufficient to compensate such Lender (or the entity controlling such Lender) for such increase; provided, the Borrower shall
not be required to compensate a Lender pursuant to this subsection for any such increase incurred more than one (1) year prior to the date that such Lender notifies the Borrower of the Capital Adequacy Regulation (whether or not having the
force of law) giving rise to such increase and of such Lender’s intention to claim payment therefor; provided, further, if such Capital Adequacy Regulation or interpretation or administration thereof giving rise to such increase
is retroactive, then the one (1) year period referred to above shall be extended to include the period of retroactive effect thereof. Each Lender agrees that if the Borrower is required to pay additional amounts to such Lender or the Agent
pursuant to this subsection 10.3(b), it will, if requested by the Borrower, use reasonable good faith efforts (subject to overall policy considerations of such Lender) to designate another Lending Office so as to eliminate any such additional
payment by the Borrower which may thereafter accrue if such designation would not require such Lender to disclose any information such Lender deems confidential and would not, in the sole determination of such Lender, be otherwise disadvantageous to
such Lender. 
 10.4 Funding Losses. The Borrower agrees to reimburse each Lender and to hold each Lender harmless from any loss or
expense (excluding lost profits) which such Lender may sustain or incur as a consequence of: 
 (a) the failure of the Borrower to make any
payment or mandatory prepayment of principal of any LIBOR Rate Loan (including payments made after any acceleration thereof); 
 (b) the
failure of the Borrower to borrow, continue or convert a Loan after the Borrower has given (or is deemed to have given) a Notice of Borrowing or a Notice of Continuation/Conversion; 
 (c) the failure of the Borrower to make any prepayment after the Borrower has given a notice in accordance with Section 1.7; 
 (d) the prepayment (including pursuant to Section 1.8) of a LIBOR Rate Loan on a day which is not the last day of the Interest Period with respect
thereto; or 
 (e) the conversion pursuant to Section 1.6 of any LIBOR Rate Loan to a Base Rate Loan on a day that is not the last day
of the applicable Interest Period; 

  

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including any such loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain its LIBOR Rate Loans hereunder or from
fees payable to terminate the deposits from which such funds were obtained. Solely for purposes of calculating amounts payable by the Borrower to the Lenders under this Section 10.4 and under subsection 10.3(a): each LIBOR Rate Loan made by a
Lender (and each related reserve, special deposit or similar requirement) shall be conclusively deemed to have been funded at the LIBOR used in determining the interest rate for such LIBOR Rate Loan by a matching deposit or other borrowing in the
interbank eurodollar market for a comparable amount and for a comparable period, whether or not such LIBOR Rate Loan is in fact so funded. 
 10.5 Inability to Determine Rates. If the Agent shall have determined in good faith that for any reason adequate and reasonable means do not exist for ascertaining the LIBOR for any requested Interest Period with respect to a
proposed LIBOR Rate Loan or that the LIBOR applicable pursuant to subsection 1.3(a) for any requested Interest Period with respect to a proposed LIBOR Rate Loan does not adequately and fairly reflect the cost to the Lenders of funding such Loan, the
Agent will forthwith give notice of such determination to the Borrower and each Lender. Thereafter, the obligation of the Lenders to make or maintain LIBOR Rate Loans hereunder shall be suspended until the Agent revokes such notice in writing. Upon
receipt of such notice, the Borrower may revoke any Notice of Borrowing or Notice of Continuation/Conversion then submitted by it. If the Borrower does not revoke such notice, the Lenders shall make, convert or continue the Loans, as proposed by the
Borrower, in the amount specified in the applicable notice submitted by the Borrower, but such Loans shall be made, converted or continued as Base Rate Loans. 
 10.6 Reserves on LIBOR Rate Loans. The Borrower shall pay to each Lender, as long as such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities
or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional costs on the unpaid principal amount of each LIBOR Rate Loan equal to actual costs of such reserves allocated
to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive absent demonstrable error), payable on each date on which interest is payable on such Loan provided the Borrower shall have received at
least fifteen (15) days’ prior written notice (with a copy to the Agent) of such additional interest from the Lender. If a Lender fails to give notice fifteen (15) days prior to the relevant Interest Payment Date, such additional
interest shall be payable fifteen (15) days from receipt of such notice. 
 10.7 Certificates of Lenders. Any Lender claiming
reimbursement or compensation pursuant to this Article X shall deliver to the Borrower (with a copy to the Agent) a certificate setting forth in reasonable detail the amount payable to such Lender hereunder and such certificate shall be conclusive
and binding on the Borrower in the absence of manifest error. 
 10.8 Survival. The agreements and obligations of the Borrower in this
Article X shall survive the payment of all other Obligations. 
  

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 ARTICLE XI - DEFINITIONS 
 11.1 Defined Terms. The following terms are defined in the Sections or subsections referenced opposite such terms: 
  

			
	 “Acquisition Co.”
	  	Recitals
	 “Affected Lender”
	  	9.22
	 “Aggregate Accrual”
	  	5.11(g)
	 “Assignee”
	  	9.8(a)
	 “Assignee Lender”
	  	1.1(e)
	 “Assigning Lender”
	  	1.1(e)
	 “Assignment and Acceptance”
	  	9.8(a)(ii)
	 “Borrower”
	  	Preamble
	 “Borrowing Base”
	  	1.1(b)
	 “Commitment Fee”
	  	1.9(b)
	 “Confidential Information”
	  	9.9
	 “Documentation Agent”
	  	Preamble
	 “EBITDA”
	  	Exhibit 4.2(b)
	 “Event of Default”
	  	7.1
	 “Excluded Taxes”
	  	10.1 (a)
	 “Excess Cash Flow”
	  	Exhibit 1.8(d)
	 “Exemption Certificate”
	  	10.1(f)
	 “Existing Letters of Credit”
	  	1.1(c)
	 “Existing Term Loans”
	  	1.1(a)
	 “Fee Letter”
	  	1.9(a)
	 “Fixed Charge Coverage Ratio”
	  	Exhibit 4.2(b)
	 “Indemnified Person”
	  	9.5
	 “Indemnified Liabilities”
	  	9.5
	 “Interest Coverage Ratio”
	  	Exhibit 4.2(b)
	 “Lender” and “Lenders”
	  	Preamble
	 “Lender Letter of Credit”
	  	1.1(c)
	 “Letter of Credit Participation Agreement”
	  	1.1(c)
	 “Letter of Credit Participation Fee”
	  	1.9(c)
	 “Leverage Ratio”
	  	Exhibit 4.2(b)
	 “Maximum Accrual”
	  	5.11(g)
	 “Maximum Revolving Loan Balance”
	  	1.1(b)
	 “Non-Excluded Taxes”
	  	10.1 (a)
	 “Non-U.S. Lender”
	  	10.1(f)
	 “Notice of Swing Line Borrowing”
	  	1.5(d)
	 “Original Credit Agreement”
	  	Recitals
	 “Originating Lender”
	  	9.8
	 “Other Taxes”
	  	10.1(b)
	 “Participant”
	  	9.8(d)
	 “Permitted Liens”
	  	5.1
	 “Refunded Swing Line Loans”
	  	1.8(g)
	 “Restricted Payments”
	  	5.11
	 “Replacement Lender”
	  	9.22
	 Revolving Loan Commitment”
	  	1.1(b)
	 “Revolving Loan”
	  	1.1(b)
	 “Seller Paper”
	  	5.5
	 “Senior Leverage Ratio”
	  	Exhibit 4.2(b)
	 “Swing Line Commitment”
	  	1.1(d)
	 “Swing Line Loan”
	  	1.1(d)
	 “Syndication Agent”
	  	Preamble
	 “Term Loan”
	  	1.1(a)
	 “Term Loan Commitment”
	  	1.1(a)
	 “U.S. Lender”
	  	10.1(f)

  

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 In addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:

 “Account” means, as at any date of determination, all “accounts” (as such term is defined in the UCC) of the Borrower
and its Subsidiaries, including, without limitation, the unpaid portion of the obligation of a customer of the Borrower or any of its Subsidiaries in respect of Inventory purchased by and shipped to such customer and/or the rendition of services by
the Borrower or such Subsidiary, as stated on the respective invoice of the Borrower or such Subsidiary, net of any credits, rebates or offsets owed to such customer. 
 “Account Debtor” means the customer of the Borrower or any of its Subsidiaries who is obligated on or under an Account. 
 “Acquired Entity” has the meaning ascribed to such term in the definition of “Permitted Acquisitions.” 
 “Acquisition” means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets of a
Person, or of any business or division of a Person, (b) the acquisition of in excess of fifty percent (50%) of the capital stock, partnership interests or equity of any Person or otherwise causing any Person to become a Subsidiary of the
Borrower, or (c) a merger or consolidation or any other combination with another Person. 
 “Affiliate” means, as to any
Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. A Person shall be deemed to control another Person if the controlling Person possesses, directly or indirectly,
the power to direct or cause the direction of the management and policies of the other Person, whether through the ownership of voting securities, by contract or otherwise. Without limitation, any director, executive officer or beneficial owner of
ten percent (10%) or more of the equity of a Person shall for the purposes of this Agreement, be deemed to control the other Person. Notwithstanding the foregoing, neither the Agent nor any Lender shall be deemed an “Affiliate” of
Holdings, the Borrower or of any Subsidiary of the Borrower. 
 “Agent” means Antares in its capacity as the administrative agent
for the Lenders hereunder, and any successor agent. 
  

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 “Agent-Related Persons” means Antares and any successor agent arising under Section 8.9,
together with their respective Affiliates, and the officers, directors, employees, agents and attorneys-in-fact of such Persons and Affiliates. 
 “Aggregate Revolving Loan Commitment” means the combined Revolving Loan Commitments of the Lenders, which shall initially be in the amount of $20,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

 “Aggregate Term Loan Commitment” means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount
of $70,000,000, as such amount may be reduced from time to time pursuant to this Agreement. 
 “Antares” means Antares Capital
Corporation, a Delaware corporation. 
 “Applicable Margin” means 
 (a) for the period commencing on the Restatement Effective Date through the fifth (5th) Business Day following the date of delivery of the monthly
financial statements and the Compliance certificate for June 2006, 
 (i) with respect to Base Rate Loans, two and one-half
percent (2.50%) per annum, and 
 (ii) with respect to LIBOR Rate Loans, three and three-quarters percent
(3.75%) per annum; and 
 (b) thereafter, the Applicable Margin shall equal the applicable LIBOR margin or Base Rate margin in effect
from time to time determined as set forth below based upon the applicable Leverage Ratio then in effect pursuant to the appropriate column under the table below: 
  

							
	 Leverage Ratio
	  	LIBOR Margin	 	 	Base Rate Margin	 
	 greater than 4.50 to 1.0
	  	4.00	%	 	2.75	%
	 greater than 4.00 to 1.0, but less than or equal to 4.50 to 1.0
	  	3.75	%	 	2.50	%
	 greater than 3.50 to 1.0, but less than or equal to 4.00 to 1.0
	  	3.50	%	 	2.25	%
	 less than or equal to 3.50 to 1.0
	  	3.00	%	 	1.75	%

 The Applicable Margin shall be adjusted from time to time upon delivery to the Agent of the monthly financial
statements for the last month of each fiscal quarter and the Compliance 

  

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Certificate required to be delivered pursuant to Section 4.1 hereof, in each case accompanied by a written calculation of the Leverage Ratio certified
on behalf of the Borrower by a Responsible Officer as of the end of the fiscal month for which such financial statements are delivered. If such calculation indicates that the Applicable Margin shall increase or decrease, then on the fifth
(5th) Business Day following the date of delivery of such financial statements, Compliance Certificate and
written calculation the Applicable Margin shall be adjusted in accordance therewith; provided, however, that if the Borrower shall fail to deliver any such financial statements and Compliance Certificate for any such fiscal month by
the date required pursuant to Section 4.1, then, at the Agent’s election, effective as of the date such financial statements and Compliance Certificate were to have been delivered, and continuing through the fifth (5th) Business Day following the date (if ever) when such financial statements, Compliance Certificate and such written
calculation are finally delivered, the Applicable Margin shall be conclusively presumed to equal the highest Applicable Margin specified in the pricing table set forth above. 
 “Attorney Costs” means and includes all reasonable fees and disbursements of any law firm or other external counsel and all disbursements of
internal counsel. 
 “Availability” means as of any date of determination, the amount by which (a) the Maximum Revolving Loan
Balance, exceeds (b) the aggregate outstanding principal balance of Revolving Loans. 
 “Bankruptcy Code” means the Federal
Bankruptcy Reform Act of 1978 (11 U.S.C. §101, et seq.), as amended and in effect from time to time and the regulations issued from time to time thereunder. 
 “Base Rate” means, for any day, a rate of interest equal to the greater of (a) the rate of interest which is identified as the “Prime Rate” and normally published in the Money Rates section of
The Wall Street Journal (or, if such rate ceases to be so published, as quoted from such other generally available and recognizable source as the Agent may select) and (b) the sum of the Federal Funds Rate plus one half of one percent
(0.5%). Any change in the Base Rate due to a change in the “Prime Rate” or the Federal Funds Rate shall be effective on the effective date of such change in the “Prime Rate” or the Federal Funds Rate. 
 “Base Rate Loan” means a Loan that bears interest based on the Base Rate. 
 “Borrower Pledge Agreement” means that certain Pledge Agreement, dated as of the Original Closing Date made by the Borrower in favor of the
Agent, for the benefit of Agent and the Lenders, pursuant to which, among other things, the Borrower pledged one hundred percent (100%) of the issued and outstanding capital stock of Panther Sub, as reaffirmed on the Restatement Effective Date
pursuant to the Master Reaffirmation. 
 “Borrowing” means a borrowing hereunder consisting of Loans made to the Borrower on the
same day by the Lenders pursuant to Article I. 
  

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 “Borrowing Base Certificate” means a certificate of the Borrower, in substantially the form of
Exhibit 11.1 (a) hereto, duly completed as of a date acceptable to the Agent in its sole discretion. 
 “Business Day”
means any day other than a Saturday, Sunday or other day on which commercial banks in Chicago, Illinois or New York, New York are authorized or required by law to close and, if the applicable Business Day relates to any LIBOR Rate Loan, a day
on which dealings are carried on in the London interbank market. 
 “Capital Adequacy Regulation” means any guideline, request or
directive of any central bank or other Governmental Authority, or any other law, rule or regulation, whether or not having the force of law, in each case, regarding capital adequacy of any Lender or of any corporation controlling a Lender.

 “Capital Lease” means any leasing or similar arrangement which, in accordance with GAAP, is classified as a capital lease.

 “Capital Lease Obligations” means all monetary obligations of the Borrower or any of its Subsidiaries under any Capital Leases.

 “Cash Equivalents” means: (a) securities issued or fully guaranteed or insured by the United States Government or any
agency thereof having maturities of not more than six (6) months from the date of acquisition; (b) certificates of deposit, time deposits, repurchase agreements, reverse repurchase agreements, or bankers’ acceptances, having in each
case a tenor of not more than six (6) months, issued by any Lender, or by any U.S. commercial bank or any branch or agency of a non-U.S. bank licensed to conduct business in the U.S. having combined capital and surplus of not less than
$250,000,000; (c) commercial paper of an issuer rated at least A-1 by Standard & Poor’s Corporation or P-1 by Moody’s Investors Service Inc. and in either case having a tenor of not more than nine (9) months and
(d) money market mutual funds provided that substantially all of the assets of such fund are comprised of securities of the type described in clauses (a) through (c). 
 “Code” means the Internal Revenue Code of 1986, and regulations promulgated thereunder. 
 “Collateral” means all Property and interests in Property and proceeds thereof now owned or hereafter acquired by the Borrower, Holdings or any
other Person as debtor and their respective Subsidiaries and any other Person who has granted a Lien to Agent, in or upon which a Lien now or hereafter exists in favor of any Lender or the Agent for the benefit of the Agent and Lenders, whether
under this Agreement or under any other documents executed by any such Persons and delivered to the Agent. 
 “Collateral
Documents” means, collectively, the Security Agreements, the Master Reaffirmation, the Mortgages, the Guaranty, the Pledge Agreements and all other security agreements, pledge agreements, patent and trademark assignments, lease assignments,
guarantees and other similar agreements, and all amendments, restatements, modifications or supplements thereof or thereto, by or between any one or more of Holdings, the Borrower, its Subsidiaries or any other Person pledging or granting a lien on
Collateral or guaranteeing the 

  

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payment and performance of the Obligations, and any Lender or the Agent for the benefit of the Agent and Lenders now or hereafter delivered to the Lenders or
the Agent pursuant to or in connection with the transactions contemplated hereby, and all financing statements (or comparable documents now or hereafter filed in accordance with the UCC or comparable law) against Holdings, the Borrower, its
Subsidiaries or any other Person as debtor in favor of any Lender or the Agent for the benefit of Agent and the Lenders, as secured party. 
 “Commitment” means, for each Lender, the sum of its Revolving Loan Commitment and Term Loan Commitment. 
 “Commitment Percentage” means, as to any Lender, the percentage equivalent of such Lender’s Revolving Loan Commitment or Term Loan Commitment divided by the Aggregate Revolving Loan Commitment or Aggregate Term Loan
Commitment, as applicable. 
 “Contingent Obligation” means, as to any Person, any direct or indirect liability, contingent or
otherwise, of that Person: (i) with respect to any Indebtedness, lease, dividend or other obligation of another Person if the primary purpose or intent of the Person incurring such liability, or the primary effect thereof, is to provide
assurance to the obligee of such liability that such liability will be paid or discharged, or that any agreements relating thereto will be complied with, or that the holders of such liability will be protected (in whole or in part) against loss with
respect thereto; (ii) with respect to any letter of credit issued for the account of that Person or as to which that Person is otherwise liable for reimbursement of drawings; (iii) under any Rate Contracts; (iv) to make take-or-pay or
similar payments if required regardless of nonperformance by any other party or parties to an agreement; or (v) for the obligations of another Person through any agreement to purchase, repurchase or otherwise acquire such obligation or any
Property constituting security therefor, to provide funds for the payment or discharge of such obligation or to maintain the solvency, financial condition or any balance sheet item or level of income of another Person. The amount of any Contingent
Obligation shall be equal to the amount of the obligation so guaranteed or otherwise supported or, if not a fixed and determined amount, the maximum amount so guaranteed or supported. 
 “Contractual Obligations” means, as to any Person, any provision of any security issued by such Person or of any agreement, undertaking,
contract, indenture, mortgage, deed of trust or other instrument, document or agreement to which such Person is a party or by which it or any of its Property is bound. 
 “Controlled Group” means the Borrower and all Persons (whether or not incorporated) under common control or treated as a single employer with the Borrower pursuant to Section 414(b), (c), (m) or
(o) of the Code or Section 4001 of ERISA. 
 “Controlled Investment Affiliates” means, with respect to Sponsor, any fund
or investment vehicle that (i) is organized by Sponsor for the purpose of making equity investments in one or more companies and is controlled by Sponsor or (ii) has the same principal fund advisor as the Sponsor. For purposes of this
definition “control” means the power to direct or cause the direction of management and policies of a Person, whether by contract or otherwise. 
  

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 “Conversion Date” means any date on which the Borrower converts a Base Rate Loan to a LIBOR
Rate Loan or a LIBOR Rate Loan to a Base Rate Loan. 
 “Default” means any event or circumstance which, with the giving of notice,
the lapse of time, or both, would (if not cured or otherwise remedied during such time) constitute an Event of Default. 
 “Disposition” means (a) the sale, lease, conveyance or other disposition of Property, other than sales or other dispositions expressly permitted under subsection 5.2(a), and (b) the sale or transfer by the Borrower or
any Subsidiary of the Borrower of any equity securities issued by any Subsidiary of the Borrower and held by such transferor Person. 
 “Dollars”, “dollars” and “$” each mean lawful money of the United States of America. 
 “Domestic
Subsidiary” means a Subsidiary incorporated, organized or otherwise formed under the laws of any state of the United States of America or the District of Columbia. 
 “ECF Percentage” means (a) if the Leverage Ratio, determined as of the last day of a fiscal year, is equal to or greater than 3.0 to 1.0, seventy five percent (75%) or (b) if such Leverage
Ratio, as so determined, is less than 3.0 to 1.0, fifty percent (50%). 
 “Eligible Assignee” means any of: (a) a commercial
bank organized under the laws of the United States, or any state thereof; (b) a commercial bank organized under the laws of any other country; (c) a finance company, insurance company or other financial institution or fund which is engaged
in making, purchasing or otherwise investing in commercial loans for its own account in the ordinary course of its business; and (d) a Related Fund. In connection with an assignment of the Swing Line Commitment and all Swing Line Loans made
thereunder, an “Eligible Assignee” shall be further required to be an existing Lender at such time of assignment or an Affiliate or Related Fund of an existing Lender at such time of assignment, or such assignee shall be simultaneously
purchasing all or any portion of the Swing Line Lender’s Revolving Loan Commitment. 
 “Employment Agreements” means those
certain Employment Agreements dated as of the Original Closing Date by and between the Borrower and each of John Sliter and Daniel K. Sokolowski, as amended, restated, supplemented or otherwise modified to the extent permitted hereunder. 

“Environmental Claims” means all claims, however asserted, by any Governmental Authority or other Person alleging potential liability or
responsibility for violation of any Environmental Law, or for injury to the environment or threat to public health, personal injury (including sickness, disease or death), property damage, natural resources damage, or otherwise alleging liability or
responsibility for damages (punitive or otherwise), cleanup, removal, remedial or response costs, restitution, civil or criminal penalties, injunctive relief, or other type of relief, resulting from or based upon the presence, placement, discharge,
emission or release (including intentional and unintentional, negligent and non-negligent, sudden or non-sudden, accidental or non-accidental, placement, spills, leaks, discharges, emissions or releases) of any Hazardous Material at, in, or from
Property, whether or not owned by the Borrower. 
  

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 “Environmental Laws” means all federal, state or local laws, statutes, common law duties,
rules, regulations, ordinances and codes, together with all administrative orders, directed duties, licenses, authorizations and permits of, and agreements with, any Governmental Authorities, in each case relating to environmental, health, safety
and land use matters; including, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, the Clean Air Act, the Federal Water Pollution Control Act of 1972, the Solid Waste Disposal Act, the Federal
Resource Conservation and Recovery Act, the Toxic Substances Control Act, the Emergency Planning and Community Right-to-Know Act. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and regulations promulgated thereunder. 
 “ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with the Borrower within the meaning of Section 414(b) or 414(c) or 414(m) or 414(o) of the Code or
Section 4001 of ERISA. 
 “ERISA Event” means (a) a Reportable Event with respect to a Qualified Plan or a Multiemployer
Plan; (b) a withdrawal by the Borrower or any ERISA Affiliate from a Qualified Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA); (c) a
complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan; (d) the filing of a notice of intent to terminate, the treatment of a plan amendment as a termination under Section 4041 or 4041A of ERISA or
the commencement of proceedings by the PBGC to terminate a Qualified Plan or Multiemployer Plan subject to Title IV of ERISA; (e) a failure by the Borrower or any member of the Controlled Group to make required contributions to a Qualified Plan
or Multiemployer Plan; (f) an event or condition which might reasonably be expected to constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Qualified Plan or
Multiemployer Plan; (g) the imposition of any liability under Title IV of ERISA, other than PBGC premiums due but not delinquent under Section 4007 of ERISA, upon the Borrower or any ERISA Affiliate; (h) an application for a funding
waiver or an extension of any amortization period pursuant to Section 412 of the Code with respect to any Plan; (i) a non-exempt prohibited transaction occurs with respect to any Plan for which the Borrower or any Subsidiary of the
Borrower may be directly or indirectly liable; or (j) a violation of the applicable requirements of Section 404 or 405 of ERISA or the exclusive benefit rule under Section 401 (a) of the Code by any fiduciary or disqualified
person with respect to any Plan for which the Borrower or any member of the Controlled Group may be directly or indirectly liable. 
 “Event of Loss” means, with respect to any Property, any of the following: (a) any casualty loss, destruction or damage of such Property; (b) any pending or threatened institution of any proceedings for the condemnation
or seizure of such Property or for the exercise of any right of eminent domain; or (c) any actual condemnation, seizure or taking, by exercise of the power of eminent domain or otherwise, of such Property, or confiscation of such Property or
the requisition of the use of such Property. 
 “Federal Funds Rate” means, for any day, the rate per annum (rounded upward to the
nearest 1/100th of 1%) equal to the weighted average of the rates on overnight Federal Funds transactions with members of the Federal Reserve System arranged by Federal Funds brokers on 

  

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such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day, provided that if no such rate is so published on
such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate quoted to the Agent on such day on such transactions as determined by the Agent in a commercially reasonable manner. 
 “Federal Reserve Board” means the Board of Governors of the Federal Reserve System, or any entity succeeding to any of its principal functions.

 “Foreign Subsidiary” means a Subsidiary that is not a Domestic Subsidiary. 
 “GAAP” means generally accepted accounting principles set forth from time to time in the opinions and pronouncements of the Accounting
Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board (or agencies with similar functions of comparable stature and authority within the accounting
profession), which are applicable to the circumstances as of the date of determination. 
 “Governmental Authority” means any
nation or government, any state or other political subdivision thereof, any central bank (or similar monetary or regulatory authority) thereof, any entity exercising executive, legislative, judicial, regulatory or administrative functions of or
pertaining to government, and any corporation or other entity owned or controlled, through stock or capital ownership or otherwise, by any of the foregoing. 
 “Guaranty” means, collectively, (i) that certain Guaranty, dated as of the Original Closing Date made by Holdings, Panther Sub and any other Person who becomes a party to such agreement by execution of
a joinder thereto in favor of the Agent, for the benefit of the Agent and Lenders, as reaffirmed on the Restatement Effective Date pursuant to the Master Reaffirmation, and (ii) any other guaranty made by any Subsidiary of Holdings or the
Borrower, or any other Person, in favor of the Agent, on behalf of the Lenders in respect of the Obligations. 
 “Hazardous
Materials” means all those substances which are regulated by, or which may form the basis of liability under, any Environmental Law. 
 “Holdings” means PTHR Holdings, Inc., a Delaware corporation. 
 “Holdings Pledge Agreement” means that certain
Pledge Agreement, dated as of the Original Closing Date made by Holdings in favor of the Agent, for the benefit of Agent and the Lenders, pursuant to which Holdings pledged one hundred percent (100%) of the issued and outstanding capital stock
of the Borrower, as reaffirmed on the Restatement Effective Date pursuant to the Master Reaffirmation. 
 “Indebtedness” of any
Person means, without duplication: (a) all indebtedness for borrowed money; (b) all obligations issued, undertaken or assumed as the deferred purchase price of Property or services (other than trade payables entered into in the Ordinary
Course of Business); (c) the face amount of all letters of credit issued for the account of such Person and without duplication, all drafts drawn thereunder and all reimbursement or payment obligations with respect to letters of credit, surety
bonds and other similar instruments issued by such 

  

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Person; (d) all obligations evidenced by notes, bonds, debentures or similar instruments, including obligations so evidenced incurred in connection with
the acquisition of Property, assets or businesses; (e) all indebtedness created or arising under any conditional sale or other title retention agreement, or incurred as financing, in either case with respect to Property acquired by the Person
(even though the rights and remedies of the seller or bank under such agreement in the event of default are limited to repossession or sale of such Property); (f) all Capital Lease Obligations; (g) the principal balance outstanding under
any synthetic lease, off balance sheet loan or similar off balance sheet financing products; (h) all indebtedness referred to in clauses (a) through (g) above secured by (or for which the holder of such Indebtedness has an existing
right, contingent or otherwise, to be secured by) any Lien upon or in Property (including accounts and contracts rights) owned by such Person, even though such Person has not assumed or become liable for the payment of such indebtedness; and
(i) all Contingent Obligations described in clause (i) of the definition thereof in respect of indebtedness or obligations of others of the kinds referred to in clauses (a) through (h) above. 
 “Insolvency Proceeding” means (a) any case, action or proceeding before any court or other Governmental Authority relating to bankruptcy,
reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors, or (b) any general assignment for the benefit of creditors, composition, marshaling of assets for creditors, or other, similar arrangement in
respect of its creditors generally or any substantial portion of its creditors; in each case in (a) and (b) above, undertaken under U.S. federal, state or foreign law, including the Bankruptcy Code. 
 “Interest Payment Date” means, (a) with respect to any LIBOR Rate Loan (other than a LIBOR Rate Loan having an Interest Period of six
(6) months) the last day of each Interest Period applicable to such Loan, (b) with respect to any LIBOR Rate Loan having an Interest Period of six (6) months, the last day of each three (3) month interval and, without
duplication, the last day of such Interest Period, and (c) with respect to Base Rate Loans, the first day of each calendar month. 
 “Interest Period” means, with respect to any LIBOR Rate Loan, the period commencing on the Business Day such Loan is disbursed or continued or on the Conversion Date on which such Base Rate Loan is converted to the LIBOR Rate Loan
and ending on the date one, two, three or six months thereafter, as selected by the Borrower in its Notice of Borrowing or Notice of Conversion/Continuation; provided that: 
 (a) if any Interest Period pertaining to a LIBOR Rate Loan would otherwise end on a day which is not a Business Day, that Interest Period shall be
extended to the next succeeding Business Day unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day; 

(b) any Interest Period pertaining to a LIBOR Rate Loan that begins on the last Business Day of a calendar month (or on a day for which there is no
numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; 
  

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 (c) no Interest Period for any Term Loan shall extend beyond the last scheduled payment date therefor and
no Interest Period for any Revolving Loan shall extend beyond the Revolving Termination Date; and 
 (d) no Interest Period applicable to a
Term Loan or portion thereof shall extend beyond any date upon which is due any scheduled principal payment in respect of the Term Loan unless the aggregate principal amount of the Term Loan represented by Base Rate Loans or by LIBOR Rate Loans
having Interest Periods that will expire on or before such date is equal to or in excess of the amount of such principal payment. 
 “Inventory” means all of the “inventory” (as such term is defined in the UCC) of the Borrower and its Subsidiaries, including, but not limited to, all merchandise, raw materials, parts, supplies, work-in-process and
finished goods intended for sale, together with all the containers, packing, packaging, shipping and similar materials related thereto, and including such inventory as is temporarily out of the Borrower’s or such Subsidiaries’ custody or
possession, including inventory on the premises of others and items in transit. 
 “Joint Venture” means any partnership,
association, company, community of interest, or joint venture entered into by the Borrower or one of its Subsidiaries with an unrelated, non-Affiliated third party on an arm’s length basis to engage in the joint undertaking of a business, which
such business shall be in the same line of business as the Borrower or any of its Subsidiaries, or any business reasonably related thereto. 
 “Lending Office” means, with respect to any Lender, the office or offices of such Lender specified as its “Lending Office” opposite its name on the applicable signature page hereto, or such other office or offices of
such Lender as it may from time to time notify the Borrower and the Agent. 
 “Letter of Credit Participation Liability” means, as
to each Lender Letter of Credit and each Letter of Credit Participation Agreement, all reimbursement obligations and all other liabilities of Borrower or any of its Subsidiaries to Agent and the Lenders in connection with the Lender Letter of Credit
or to the obligee with respect to the transaction for which the Letter of Credit Participation Agreement was issued, whether contingent or otherwise, including with respect to any letter of credit: (a) the amount available to be drawn or which
may become available to be drawn; (b) without duplication, all amounts which have been paid or made available by the issuing bank or by the Agent (or Affiliate of the Agent) under such Lender Letters of Credit or Letter of Credit Participation
Agreement, in each instance, to the extent not reimbursed; and (c) all unpaid interest, fees and expenses. 
 “LIBOR” means,
for each Interest Period, the offered rate per annum for deposits of Dollars for the applicable Interest Period that appears on Telerate Page 3750 as of 11:00 A.M. (London, England time) two (2) Business Days prior to the first day in such
Interest Period. If no such offered rate exists, such rate will be the rate of interest per annum, as determined by the Agent (rounded upwards, if necessary, to the nearest 1/100th of 1%) at which deposits of Dollars in immediately available funds are offered at 11:00 A.M. (London, England time) two (2) Business Days prior to the
first day in such Interest Period by major financial institutions 

  

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reasonably satisfactory to the Agent in the London interbank market for such Interest Period for the applicable principal amount on such date of
determination. 
 “LIBOR Rate Loan” means a Loan that bears interest based on LIBOR. 
 “Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, charge or deposit arrangement, encumbrance, lien (statutory or
otherwise) or preference, priority or other security interest or preferential arrangement of any kind or nature whatsoever (including those created by, arising under or evidenced by any conditional sale or other title retention agreement, the
interest of a lessor under a Capital Lease, any financing lease having substantially the same economic effect as any of the foregoing, or the filing of any financing statement naming the owner of the asset to which such lien relates as debtor, under
the UCC or any comparable law) and any contingent or other agreement to provide any of the foregoing, but not including the interest of a lessor under a lease which is not a Capital Lease. 
 “Loan” means an extension of credit by a Lender to the Borrower pursuant to Article I hereof, and may be a Base Rate Loan or a LIBOR Rate Loan.

 “Loan Documents” means this Agreement, the Notes, the Subordination Agreement, the Fee Letter, the Collateral Documents and all
documents delivered to the Agent and/or any Lender in connection with any of the foregoing. 
 “Management Agreement” means that
certain Management Advisory Agreement dated as of the Original Closing Date by and among Holdings, Borrower and Fenway Partners, Inc. 
 “Margin Stock” means “margin stock” as such term is defined in Regulation T, U or X of the Federal Reserve Board. 
 “Master Reaffirmation” means that certain Master Reaffirmation Agreement dated as of the date hereof by and among Holdings, the Borrower and each Subsidiary of the Borrower in favor of the Agent, for the benefit of the Agent and
the Lenders. 
 “Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect upon, the
operations, business, properties or condition (financial or otherwise) of Holdings, the Borrower and its Subsidiaries taken as a whole; (b) a material impairment of the ability of Holdings, the Borrower, any of its Subsidiaries, or any other
Person (other than the Agent or Lenders) to perform in any material respect its obligations under any Loan Document; or (c) a material adverse effect upon (i) the legality, validity, binding effect or enforceability of any Loan Document,
or (ii) the perfection or priority of any Lien granted to the Lenders or to the Agent for the benefit of the Lenders under any of the Collateral Documents. 
 “Material Contracts” means any contract or other agreement (other than the Loan Documents and the Subordinated Indebtedness Documents), to which any of Holdings, Borrower or its Subsidiaries is a party as to
which the breach, nonperformance, cancellation or failure to renew by any party thereto would have a Material Adverse Effect. 
  

 90 








 “Mortgage” means any deed of trust, leasehold deed of trust, mortgage, leasehold mortgage, deed
to secure debt, leasehold deed to secure debt or other document creating a Lien on real Property or any interest in real Property. 
 “Multiemployer Plan” means a “multiemployer plan” (within the meaning of Section 4001(a)(3) of ERISA) and to which Borrower or any member of the Controlled Group may have any liability. 
 “Net Issuance Proceeds” means, in respect of any issuance of debt or equity, cash proceeds and non-cash proceeds received or receivable in
connection therewith, net of underwriting discounts and actual, reasonable, out-of-pocket costs and expenses (including reasonable attorneys fees) paid or incurred in connection therewith. 
 “Net Proceeds” means proceeds in cash, checks or other cash equivalent financial instruments (including Cash Equivalents) as and when received
by the Person making a Disposition and insurance proceeds received on account of an Event of Loss, net of: (a) in the event of a Disposition (i) transaction costs relating to such Disposition (including reasonable attorneys fees) excluding
amounts payable to the Borrower, (ii) sale, use or other transaction taxes paid or payable as a result thereof, (iii) income taxes paid or payable as a result thereof, (iv) amounts required to be applied to repay principal, interest
and prepayment premiums and penalties on Indebtedness secured by a Lien on the asset which is the subject of such Disposition, and (v) reasonable amounts required to repair or prepare any Property that is the subject of such Disposition for
sale, and (b) in the event of an Event of Loss (i) all money actually applied to repair or reconstruct the damaged Property or Property affected by the condemnation or taking, (ii) all of the costs and expenses (including reasonable
attorneys fees) reasonably incurred in connection with the collection of such proceeds, award or other payments, and (iii) any amounts retained by or paid to parties having superior rights to such proceeds, awards or other payments. 

“Note” means any Revolving Note or Term Note and “Notes” means all such Notes. 
 “Notice of Borrowing” means a notice given by the Borrower to the Agent pursuant to Section 1.5, in substantially the form of Exhibit
11.1(b) hereto. 
 “Notice of Continuation/Conversion” means a notice given by the Borrower to the Agent pursuant to
Section 1.6, in substantially the form of Exhibit 11.1(c) hereto. 
 “Obligations” means all Loans, and other
Indebtedness, advances, debts, liabilities, obligations, covenants and duties owing by the Borrower to any Lender, the Agent, or any other Person required to be indemnified, that arises under any Loan Document or any Rate Contract between the
Borrower and a Lender (or an Affiliate of a Lender) required hereunder, whether or not for the payment of money, whether arising by reason of an extension of credit, loan, guaranty, indemnification or in any other manner, whether direct or indirect
(including those acquired by assignment), absolute or contingent, due or to become due, now existing or hereafter arising and however acquired. 
 “Ordinary Course of Business” means, in respect of any transaction involving Holdings, the Borrower or any Subsidiary of the Borrower, the ordinary course of such Person’s business, as conducted by any such Person in
accordance with past practice and undertaken by such Person 

  

 91 








 
in good faith and not for purposes of evading any covenant or restriction in any Loan Document or Subordinated Indebtedness Document. 
 “Organization Documents” means, (a) for any corporation, the certificate or articles of incorporation, the bylaws, any certificate of
determination or instrument relating to the rights of preferred shareholders of such corporation, any shareholder rights agreement, and all applicable resolutions of the board of directors (or any committee thereof) of such corporation, (b) for
any partnership, the partnership agreement and, if applicable, certificate of limited partnership or (c) for any limited liability company, the operating agreement and articles or certificate of formation. 
 “Original Closing Date” means June 10, 2005. 
 “Panther” means Panther II Transportation, Inc., an Ohio corporation and predecessor of the Borrower. 
 “Panther Purchase Agreement” means that certain Contribution and Share Purchase Agreement dated as of May 22, 2005 by and among Holdings, Panther and the Shareholders, as amended, restated, supplemented or otherwise modified
to the extent permitted hereunder. 
 “Panther Sub” means Panther II, Inc., an Ohio corporation f/k/a Sokolowski, Inc. 

“Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of
2001, P.L. 107-56, as amended. 
 “PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any of its
principal functions under ERISA. 
 “Permitted Acquisition” means any Acquisition by (i) the Borrower or any Wholly-Owned
Subsidiary of the Borrower that is a Domestic Subsidiary of substantially all of the assets of a Person, which assets are located in the United States or (ii) the Borrower or any Wholly-Owned Subsidiary of the Borrower that is a Domestic
Subsidiary of one hundred percent (100%) of the equity interests of a Person incorporated under the laws of any State in the United States or the District of Columbia (such assets, in the case of an asset acquisition, or entity, in the case of
an acquisition of equity securities, are referred to herein as the “Acquired Entity”), to the extent that each of the following conditions shall have been satisfied: 
 (a) to the extent the Acquisition will be financed in whole or in part with the proceeds of any Loan, the conditions set forth in Section 2.2 shall
have been satisfied; 
 (b) the Borrower shall have furnished to the Agent and Lenders at least ten (10) Business Days prior to the
consummation of such Acquisition (i) an executed term sheet and/or commitment letter (setting forth in reasonable detail the terms and conditions of such Acquisition) and, at the request of the Agent, such other information and documents that
the Agent may request, including, without limitation, executed counterparts of the respective agreements, documents or instruments pursuant to which such Acquisition is to be consummated (including, without limitation, any related management,
non-compete, employment, option or 

  

 92 








 
other material agreements), any schedules to such agreements, documents or instruments and all other material ancillary agreements, instruments and documents
to be executed or delivered in connection therewith, (ii) pro forma financial statements of Borrower and its Subsidiaries after giving effect to the consummation of such Acquisition, (iii) a certificate of a Responsible Officer of the
Borrower demonstrating on a pro forma basis compliance with the covenants set forth in Section 6.2 hereof after giving effect to the consummation of such Acquisition (and the incurrence of any Indebtedness (including, without limitation, any
Subordinated Indebtedness) in connection therewith) and (iv) copies of such other agreements, instruments and other documents (including, without limitation, the Loan Documents required by Section 4.12) as the Agent reasonably shall
request; 
 (c) the Borrower and its Subsidiaries (including any new Subsidiary, which new Subsidiary shall be a Wholly-Owned Subsidiary of
the Borrower that is a Domestic Subsidiary or any other Wholly-Owned Subsidiary of a Borrower that is a Domestic Subsidiary) shall execute and deliver the agreements, instruments and other documents required by Section 4.12 and the Agent shall
have received, for the benefit of the Agent and Lenders, a collateral assignment of the seller’s representations, warranties and indemnities to the Borrower or any of its Subsidiaries under the acquisition documents; 
 (d) such Acquisition shall not be hostile and shall have been approved by the board of directors (or other similar body) and/or the stockholders or other
equityholders of the Acquired Entity; 
 (e) no Default or Event of Default shall then exist or would exist after giving effect thereto;

 (f) after giving effect to such Acquisition, Availability shall be not less than $3,000,000; 
 (g) no more than $1,000,000 in the aggregate principal amount of Revolving Loans may be used during any calendar year and no more than $3,000,000 in the
aggregate principal amount of Revolving Loans may be used during the term of this Agreement to consummate all such Acquisitions; 
 (h) the
total consideration paid or payable (including, without limitation, any Seller Paper) for (i) any individual Acquisition shall not exceed $1,000,000 and (ii) all Acquisitions consummated during the term of this Agreement shall not exceed
$3,000,000 in the aggregate for all such Acquisitions, less the amount of any Investments made under subsection 5.4(e); 
 (i) the Acquired
Entity has EBITDA, the calculation and determination of which shall be reasonably acceptable to the Agent, and which EBITDA shall be subject to proforma adjustments acceptable to the Agent, for the most recent four (4) quarters prior to the
acquisition date for which financial statements are available, greater than zero; and 
 (j) such Acquisition is permitted, and solely to the
extent permitted, under the Subordinated Indebtedness Documents. 
  

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 “Person” means an individual, partnership, corporation, limited liability company, business
trust, joint stock company, trust, unincorporated association, joint venture or Governmental Authority. 
 “Plan” means an employee
benefit plan (as defined in Section 3(3) of ERISA) which the Borrower or any member of the Controlled Group sponsors or maintains or to which the Borrower or any member of the Controlled Group is reasonably expected to have liability (whether
contingent or otherwise). 
 “Pledge Agreements” means (i) the Holdings Pledge Agreement, (ii) the Borrower Pledge
Agreement and (iii) any other pledge agreement entered into by any Subsidiary of Holdings or the Borrower, the Borrower, or any other Person, and the Agent, on behalf of the Lenders in respect of the Obligations. 
 “Pledged Collateral” has the meaning specified in the Pledge Agreements and shall include any other Collateral required to be delivered to
Agent pursuant to the terms of any Collateral Document. 
 “Property” means any interest in any kind of property or asset, whether
real, personal or mixed, and whether tangible or intangible. 
 “Qualified Plan” means a pension plan (as defined in
Section 3(2) of ERISA) intended to be tax-qualified under Section 401 (a) of the Code and which any member of the Controlled Group sponsors, maintains, or to which it makes, is making or is obligated to make contributions, or in the
case of a multiple employer plan (as described in Section 4064(a) of ERISA) has made contributions at any time during the immediately preceding period covering at least five (5) plan years, but excluding any Multiemployer Plan. 

“Rate Contracts” means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or
arrangements designed to provide protection against fluctuations in interest or currency exchange rates. 
 “Related Agreements”
means the Management Agreement, the Subordinated Indebtedness Documents, the Panther Purchase Agreement, the Employment Agreements, the Sponsor Guaranty, the Repurchase Agreement and the Services Agreement. 
 “Related Fund” means (a) any fund, trust or similar entity that invests in commercial loans in the ordinary course of its business and is
advised or managed by (i) a Lender, (ii) an Affiliate of a Lender, (iii) the same investment advisor that manages a Lender or (iv) an Affiliate of an investment advisor that manages a Lender or (b) any finance company,
insurance company or other financial institution which temporarily warehouses loans for any Lender or any Person described in clause (a) above. 
 “Related Transactions” means the transactions contemplated by the Related Agreements and includes, without limitation, the funding of the Subordinated Indebtedness evidenced by the Subordinated Indebtedness
Documents and the consummation of the Restatement Effective Date Transactions. 
  

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 “Reportable Event” means, as to any Plan, (a) any of the events set forth in
Section 4043(b) of ERISA or the regulations thereunder, other than any such event for which the thirty (30) day notice requirement under ERISA has been waived in regulations issued by the PBGC, (b) a withdrawal from a Plan described
in Section 4063 of ERISA, or (c) a cessation of operations described in Section 4062(e) of ERISA. 
 “Required
Lenders” means at any time (a) Lenders then having greater than fifty percent (50%) of the sum of the Aggregate Revolving Loan Commitment then in effect plus the aggregate unpaid principal balance of the Term Loan then outstanding, or
(b) if the Revolving Loan Commitments have been terminated, Lenders then having greater than fifty percent (50%) of the sum of the aggregate unpaid principal amount of Loans then outstanding plus outstanding Letter of Credit Participation
Liability. 
 “Required Revolving Lenders” means at any time (a) Lenders then having greater than fifty percent (50%) of
the Aggregate Revolving Loan Commitment then in effect or (b) if the Revolving Loan Commitments have been terminated, Lenders then having greater than fifty percent (50%) of the sum of the aggregate unpaid principal amount of the Revolving
Loan then outstanding plus outstanding Letter of Credit Participation Liability. 
 “Requirement of Law” means, as to any Person,
any law (statutory or common), ordinance, treaty, rule, regulation, order, policy, other legal requirement or determination of an arbitrator or of a Governmental Authority, in each case applicable to or binding upon Person or any of its Property or
to which such Person or any of its Property is subject. 
 “Responsible Officer” means the chief executive officer, the president
or any vice president of the Borrower, or any other officer having substantially the same authority and responsibility; or, with respect to compliance with financial covenants or delivery of financial information, the chief financial officer, the
treasurer or the controller of the Borrower, or any other officer having substantially the same authority and responsibility. 
 “Restatement Effective Date” means the date on which all conditions precedent set forth in Section 2.1 are satisfied or waived by the Agent and all Lenders. 
 “Restatement Effective Date Transactions” means a dividend made by the Borrower to Holdings on the Restatement Effective Date in an aggregate
amount equal to $47,179,385.43, the proceeds of which dividend shall be immediately used by Holdings to pay a portion of the repurchase price relating to the repurchase of an aggregate of 44,015.64 shares of its Preferred Stock, par value $0.01 per
share, on the Restatement Effective Date from the Sponsor and certain other holders pursuant to that certain Repurchase Agreement dated as of the date hereof by and among Holdings, the Sponsor and such other holders (the “Repurchase
Agreement”). 
 “Revolving Note” means an amended and restated promissory note of the Borrower payable to the order of a
Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender. 
 “Revolving Termination Date” means the earlier to occur of: (a) December 31, 2011; and (b) the date on which the Aggregate Revolving Loan Commitment shall terminate in accordance with the
provisions of this Agreement. 
  

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 “Security Agreements” means, collectively, (i) that certain Security Agreement dated as of
the Original Closing Date made by Holdings, the Borrower, Panther Sub and any other Person who becomes a party to such agreement following the date hereof by execution of a joinder thereto, in favor of the Agent for the benefit of the Lenders, as
reaffirmed on the Restatement Effective Date pursuant to the Master Reaffirmation, and (ii) any other security agreement entered into by any Subsidiary of Holdings or the Borrower, the Borrower, or any other Person, and the Agent, on behalf of
the Lenders, in respect of the Obligations. 
 “Services Agreement” means that certain Services Agreement dated as of the Original
Closing Date by and between the Borrower and Fusion Software, Inc., as amended, restated, supplemented or otherwise modified to the extent permitted hereunder. 
 “Shareholders” means each of Ellen A. Amato, as trustee of the Amato FLIT Trust U/A/D 12/31/03, Craig T. Amato, individually and as trustee of the 1999 Craig T. Amato Grantor Retained Annuity Trust and
Daniel K. Sokolowski, individually and as trustee of the Daniel K. Sokolowski Revocable Trust U/A/D 2/16/98. 
 “Solvent” means, as
to any Person at any time, that (a) the fair value of the Property of such Person is greater than the amount of such Person’s liabilities (including disputed, contingent and unliquidated liabilities) as such value is established and
liabilities evaluated for purposes of Section 101(32)(A) of the Bankruptcy Code and, in the alternative, for purposes of the Uniform Fraudulent Transfer Act; (b) the present fair saleable value of the Property 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 is able to realize upon its Property and pay its debts and other liabilities (including
disputed, contingent and unliquidated liabilities) as they mature in the normal course of business; (d) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay as
such debts and liabilities mature; and (e) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute unreasonably small capital.

 “Sponsor” means Fenway Partners Capital Fund II, L.P. 
 “Sponsor Guaranty” means that certain Limited Guaranty dated as of May 22, 2005 by the Sponsor in favor of the Shareholders, as amended,
restated, supplemented or otherwise modified to the extent permitted hereunder. 
 “Subordinated Indebtedness” means the
Indebtedness of Borrower or any of its Subsidiaries which is subordinated in right of payment to the Obligations and shall include, without limitation, the Indebtedness evidenced by the Subordinated Indebtedness Documents. 
 “Subordinated Indebtedness Documents” means the Subordinated Loan Agreement, the Subordinated Notes, any guaranties of the Indebtedness under
the Subordinated Loan Agreement and all other agreements, documents and instruments executed and delivered in connection therewith. 
 “Subordinated Lenders” means, York Street Mezzanine Partners, L.P., a Delaware limited partnership, CUNA Mutual Insurance Society, CUMIS Insurance Society Inc., Members 

  

 96 








 
Life Insurance Company, CUNA Mutual Life Insurance Company, their successors and assigns and each other holder of Subordinated Notes from time to time.

 “Subordinated Loan Agreement” means the Note Purchase Agreement dated as of the Restatement Effective Date among the Borrower
and the Subordinated Lenders, as the same may be amended, supplemented, restated or otherwise modified from time to time as permitted by the Subordination Agreement and this Agreement. 
 “Subordinated Notes” means the 14% Senior Subordinated Notes dated as of the Restatement Effective Date, issued by the Borrower to the
Subordinated Lenders in the original aggregate principal amount of $25,100,000, as the same may be amended, supplemented, restated or otherwise modified from time to time as permitted by the Subordination Agreement and this Agreement, including any
notes issued in exchange or substitution thereafter. 
 “Subordination Agreement” means that certain Subordination Agreement of
even date herewith among Holdings, Borrower, Agent and Subordinated Lenders, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with the terms thereof. 
 “Subsidiary” of a Person means any corporation, association, limited liability company, partnership, joint venture or other business entity of
which more than fifty percent (50%) of the voting stock or other equity interests (in the case of Persons other than corporations), is owned or controlled directly or indirectly by the Person, or one or more of the Subsidiaries of the Person,
or a combination thereof. 
 “Swing Line Lender” means the Lender holding the Swing Line Commitment, including its successors and
assigns in such capacity. 
 “Swing Line Note” means a promissory note of the Borrower payable to the order of the Swing Line
Lender, in substantially the form of Exhibit 11.1(f) hereto, evidencing the Indebtedness of the Borrower to the Swing Line Lender under the Swing Line Commitment. 
 “Swing Line Participation Liability” means, without duplication, all funding and participation obligations of the Lenders with Revolving Loan Commitments owing to Swing Line Lender pursuant to subsection
1.8(g) of this Agreement (including, without duplication, outstanding amounts funded to Swing Line Lender in respect of participation obligations under subsection 1.8(g) of this Agreement) in connection with the principal balance of Swing Line
Loans, in each case to the extent not funded with proceeds of a Revolving Loan. 
 “Term Note” means an amended and restated
promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 11.1(e) hereto, evidencing the Indebtedness of the Borrower to such Lender resulting from the Term Loan made to the Borrower by such
Lender. 
 “UCC” means the Uniform Commercial Code as in effect from time to time in the State of Illinois. 
  

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 “Unfunded Pension Liabilities” means the excess of a Plan’s benefit liabilities under
Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used by the Plan’s actuaries for funding the Plan pursuant to section 412 for the applicable plan year.

 “United States” and “U.S.” each means the United States of America. 
 “Wholly-Owned Subsidiary” means any Subsidiary in which (other than directors’ qualifying shares required by law) one hundred percent
(100%) of the equity securities, at the time as of which any determination is being made, is owned, beneficially and of record, by the Borrower, or by one or more of the other Wholly-Owned Subsidiaries, or both. 
 “Withdrawal Liabilities” means, as of any determination date, the aggregate amount of the liabilities, if any, pursuant to Section 4201 of
ERISA if the Controlled Group made a complete withdrawal from all Multiemployer Plans and any increase in contributions pursuant to Section 4243 of ERISA. 
 11.2 Other Interpretive Provisions. 
 (a) Defined Terms. Unless otherwise specified herein or
therein, all terms defined in this Agreement shall have the defined meanings when used in any certificate or other document made or delivered pursuant hereto. The meanings of defined terms shall be equally applicable to the singular and plural forms
of the defined terms. Terms (including uncapitalized terms) not otherwise defined herein and that are defined in the UCC shall have the meanings therein described. 
 (b) The Agreement. The words “hereof, “herein”, “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular
provision of this Agreement; and subsection, section, schedule and exhibit references are to this Agreement unless otherwise specified. All references herein to schedules shall mean such schedules as updated from time to time by written notice from
the Borrower to the Agent. 
 (c) Certain Common Terms. The term “documents” includes any and all instruments, documents,
agreements, certificates, indentures, notices and other writings, however evidenced. The term “including” is not limiting and means “including without limitation.” 
 (d) Performance; Time. Whenever any performance obligation hereunder (other than a payment obligation) shall be stated to be due or required to be
satisfied on a day other than a Business Day, such performance shall be made or satisfied on the next succeeding Business Day. In the computation of periods of time from a specified date to a later specified date, the word “from” means
“from and including”; the words “to” and “until” each mean “to but excluding”, and the word “through” means “to and including.” If any provision of this Agreement refers to any action taken
or to be taken by any Person, or which such Person is prohibited from taking, such provision shall be interpreted to encompass any and all means, direct or indirect, of taking, or not taking, such action. 
 (e) Contracts. Unless otherwise expressly provided herein, references to agreements and other contractual instruments, including this Agreement
and the other Loan Documents, shall 

  

 98 








 
be deemed to include all subsequent amendments, thereto, restatements and substitutions thereof and other modifications and supplements thereto which are in
effect from time to time, but only to the extent such amendments and other modifications are not prohibited by the terms of any Loan Document. 
 (f) Laws. References to any statute or regulation are to be construed as including all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting the statute or regulation. 
 11.3 Accounting Principles. 
 (a)
Unless the context otherwise clearly requires, all accounting terms not expressly defined herein shall be construed, and all financial computations required under this Agreement shall be made, in accordance with GAAP, consistently applied.

 (b) References herein to “fiscal year”, “fiscal quarter” and “fiscal month” refer to such fiscal periods of
the Borrower. 
 (c) If any change in GAAP results in a change in the calculation of the financial covenants or interpretation of related
provisions of this Agreement or any other Loan Document, then the Borrower, the Agent and the Lenders agree to amend such provisions of this Agreement so as to equitably reflect such changes in GAAP with the desired result that the criteria for
evaluating the Borrower’s financial condition shall be the same after such change in GAAP as if such change had not been made, provided that, notwithstanding any other provision of this Agreement, the Required Lenders’ agreement to any
amendment of such provisions shall be sufficient to bind all Lenders; and, provided further, until such time as the financial covenants and the related provisions of this Agreement have been amended in accordance with the terms of this subsection
11.3(c), the calculations of financial covenants and the interpretation of any related provisions shall be calculated and interpreted in accordance with GAAP as in effect immediately prior to such change in GAAP. 
 [Balance of page intentionally left blank; signature page follows.] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	 PANTHER II TRANSPORTATION, INC.
 an Ohio corporation

		
	 By:
	 	 /s/ John J. Sliter

	 Name:
	 	 John J. Sliter

	 Title:
	 	  



			
	 Borrower’s FEIN:
	 	  
	
	 Address for notices:
  
 c/o Fenway Partners, Inc.
 152 W. 57th Street
 New York, New York 10029
 Attn: Timothy P. Mayhew and Joseph Domonkos
 Facsimile: (212) 581-1205

	
	 Address for Wire Transfers:
  
 M&I Bank
 Milwaukee,Wisconsin
 ABA # 075000051
 Acct. # 0038535134
 Reference – Panther II Transportation, Inc.



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	 ANTARES CAPITAL CORPORATION,
 as
Agent, as the Swing Line Lender and as a Lender

		
	 By:
	 	 /s/ Michael P. King

	 Name:
	 	 Michael P. King

	 Title:
	 	 Director

	
	 Address for notices:
  
 311 South Wacker Drive, Suite 4400
 Chicago, IL 60606
 Attn: Portfolio Manager – Panther
 Facsimile: (312) 697-3998
 Telephone: (312) 697-3999

	
	 Address for payments:
  
 Antares Capital Corporation
 Account # 4070-6016
 Citibank N.A., NY
 ABA # 021000089
 Reference: Panther
 Please advise Jim Luchansky at
 (312) 697-3991 upon receipt



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	 M&I MARSHALL & ILSLEY BANK,
 as a Lender

		
	 By:
	 	 /s/ Stephen F. Geimer

	 Name:
	 	 Stephen F. Geimer

	 Title:
	 	 Senior Vice President

	
	 M&I MARSHALL & ILSLEY BANK,
 as a Lender

		
	 By:
	 	 /s/ Stephen E. Kalmer

	 Name:
	 	 Stephen E. Kalmer

	 Title:
	 	 Vice President

	
	 Address for notices:
  
 M&I Marshall & Ilsley Bank
 770N. Water Street
 Milwaukee, WI 53202-2035
 Attn: Stephen E. Kalmer
 Facsimile: (414) 765-7670

	
	 Address for payments:
  
 M&I Marshall & Ilsley Bank
 Milwaukee, WI
 ABA #: 075000051
 Account #: 24103937
 Beneficiary: Panther II Transportation, Inc.



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	 LASALLE BANK NATIONAL ASSOCIATION,
 as
a Lender

		
	By:	 	/s/ Anna C. Faford
	Name:	 	Anna C. Faford
	Title:	 	Corporate Banking Officer


  

			
	Address for notices:
	
	Credit:
	
	 LaSalle Bank National Association
 135 South
LaSalle Street
 Suite 842
 Chicago, Illinois 60603
 Attn: David J. Thomas
 Facsimile: (312) 904-2903

	
	Admin./Operations
	
	 LaSalle Bank National Association
 135 South
LaSalle Street
 Suite 1425
 Chicago, Illinois 60603
 Attn: Angela Larkin
 Facsimile: (312) 904-6373

	
	Address for payments:
	
	 Bank: LaSalle National Bank
 ABA Number: 071
000 505
 Account Number: 1378018-7300
 Account Name: Commercial
Loan Wires
 Ref: Panther II Transportation Inc.
 Further credit
to: Parti. - Bought



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	ORIX FINANCE CORP., as a Lender
		
	By:	 	/s/ Kenneth Moore
	Name:	 	Kenneth Moore
	Title:	 	Managing Director


  

			
	Address for notices:
	
	 ORIX Finance Corp.
 1717 Main Street, Suite
900
 Dallas, TX 75201
 Attention: Stephen
Bassett

	
	Address for payments:
	
	 Mellon Bank, N.A.
 Pittsburgh, PA

ABA Acct.# : 043000261
 Name on Acct.: ORIX Financial Services,
Inc.
 Further Credit to: Panther II Transportation, Inc.
 Acct.
Name./No.: 050-2481



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	NAVIGATOR CDO 2005, LTD., as a Lender
		
	By:	 	Antares Asset Management Inc., as Collateral Manager
		
	By:	 	/s/ David Schmuck
	Name:	 	David Schmuck
	Title:	 	Treasurer


  

			
	Address for notices:
	
	 LaSalle Bank N.A., as custodian
 135 South
LaSalle Street, Suite 1625
 Chicago, IL 60603
 Attention: CDO
Trust Services – Joe Iannone
 Fax: 312.873.3830

	
	Address for payments:
	
	 Bank: LaSalle Bank N.A.
 ABA# :
071000505
 Account # : 710455.2
 Account Name: Navigator
Collection Account
 Reference: Loan Name / Description Principal or Interest
 Attention: Joe Iannone / Navigator CDO 2005, Ltd.



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	NAVIGATOR CDO 2003, LTD, as a Lender
		
	By:	 	Antares Asset Management Inc., as Collateral Manager
		
	By:	 	/s/ David Schmuck
	Name:	 	David Schmuck
	Title:	 	Treasurer


  

			
	Address for notices:
	
	 LaSalle Bank N.A., as custodian
 135 South
LaSalle Street, Suite 1625
 Chicago, IL 60603
 Attention: CDO
Trust Services – Matt Massier
 Fax: 312.261.5290

	
	Address for payments:
	
	 Bank: LaSalle Bank N.A.
 ABA# :
071000505
 Account # : 710157.11
 Account Name: Navigator
Collection Account
 Reference: Loan Name / Description Principal or Interest
 Attention: Matthew Massier / Navigator



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	MARINER CDO 2002, LTD., as a Lender
		
	By:	 	Antares Asset Management Inc., as Collateral Manager
		
	By:	 	/s/ David Schmuck
	Name:	 	David Schmuck
	Title:	 	Treasurer


  

			
	 Address for notices:

	
	 Mariner CDO 2002, Ltd.
 c/o LaSalle Bank
National Association
 135 South LaSalle Street, Suite 1625
 Chicago, IL 60603
 Attention: CDO Trust Services – Mariner 2002-1
 Attention: Matt Messier
 Fax: 312.261.5290

	
	Address for payments:
	
	 Bank: LaSalle Bank N.A.
 ABA# :
071000505
 Account # : 710062.11
 Account Name: Mariner
Collection Account
 Reference: Loan Name/ Description Principal or
 Interest
 Attention: Matthew Massier / Mariner CDO 2002
 Ltd.



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

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


  

			
	 Address for notices:

	
	 Leslie Hundley
 JPMorgan Chase
 600 Travis Street, 48th Floor
 Houston, TX 77002
 Fax: 713.437.8104

	
	Address for payments:
	
	 Bank: JPMorgan Chase Bank
 City: Houston, TX
77002
 ABA# : 113-000-609
 Account# : 00102619468
 Account Name: Wire Clearing – ABS #2
 For Further Credit: Antares Funding
LP /10200760
 Attention: Leslie Hundley/ Antares Funding
 Reference: Panther II Transportation, Inc.



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	BABSON CLO LTD. 2005-II, as a Lender
		
	By:	 	Babson Capital Management LLC, as Collateral Manager
		
	By:	 	/s/ Adrienne Musgnug
	Name:	 	Adrienne Musgnug
	Title:	 	Managing Director


  

			
	 Address for notices:

	
	 Robert Lozano
 JPMorgan
 600 Travis Street, 51st Floor
 Houston, TX 77002
 Fax: (281) 582-7927

	
	Address for payments:
	
	 Bank: JPMorgan Chase Bank
 City: Houston,
TX
 ABA# : 113000609
 Account: 00102619468
 Attention: Curtis Holden
 Account Name: Babson CLO Ltd. 2005-II
 Reference: Asset Backed Structured #2 –
 PANTHER II
TRANSPORTATION



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	BABSON CLO LTD. 2005-I, as a Lender
		
	By:	 	Babson Capital Management LLC, as Collateral Manager
		
	By:	 	/s/ Adrienne Musgnug
	Name:	 	Adrienne Musgnug
	Title:	 	Managing Director


  

			
	 Address for notices:

	
	 Curtis Holden
 JPMorgan
 600 Travis Street, 51st Floor
 Houston, TX 77002
 Fax: (713) 229-4998

	
	Address for payments:
	
	 Bank: JPMorgan Chase Bank
 City: Houston,
TX
 ABA# : 113000609
 Account: 00102619468
 Attention: Curtis Holden
 Account Name: BNF Asset Backed Structured
#2,
 JPMorgan: Chasetower, Houston TX
 Reference: FFC Babson CLO
2005-I AC#
 10221241.2 – PANTHER II TRANSPORTATION



 Credit Agreement 







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	 MASSACHUSETTS MUTUAL
 LIFE
INSURANCE COMPANY, as a Lender

		
	 By:
	 	 /s/ Adrienne Musgnug

	 Name:
	 	 Adrienne Musgnug

	 Title:
	 	 Managing Director

	
	 Address for notices:

	
	 Joe Li

	 Babson Capital Management LLC
 201 South College Street, Suite 2400
 Charlotte, NC 28244
 Fax: (413) 226-2987

	
	 Address for payments:

	
	 Bank: Citibank, N.A.
 City: New York, NY
 ABA#: 021 000 089
 Account: 36122632
 Account Name: Escrow Administration
 Concentrate Account
 Reference: MassMutual Life Insurance Company –
 PANTHER II
TRANSPORTATION



 Credit Agreement 
  







 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by
their duly authorized officers as of the day and year first above written. 
  

			
	WB LOAN FUNDING 3, LLC, as a Lender
		
	By:	 	 /s/ Adrienne Musgnug

	 Name:
	 	 Adrienne Musgnug

	 Title:
	 	 Managing Director

	
	 Address for notices:

	
	 Heathe J. Clark
 201 S. College Street
 NC0601
 Charlotte, NC 28244-0002
 Fax: (704) 715-1982

	
	 Address for payments:
  
 Bank: Wachovia/CIB Group
 City: Charlotte, NC
 ABA# : 053-000-219
 Account: 04659360006116
 Account Attention: Credit Derivatives
 Account Name: WB Loan Funding 3
 Reference: PANTHER II TRANSPORTATION



 Credit Agreement 







 Schedule 1.1 (a) 
 Term Loan Commitments 
 Term Loan Commitment 
  

				
	 Antares Capital Corporation
	  	$	24,329,105.77
	 M&I Marshall & Ilsley Bank
	  	$	12,250,000.00
	 LaSalle Bank National Association
	  	$	11,795,000.00
	 Orix Leveraged Finance Corp.
	  	$	4,200,000.00
	 WB Loan Funding, LLC
	  	$	1,726,063.70
	 Massachusetts Mutual Life Insurance Company
	  	$	1,726,063.70
	 Babson CLO Ltd. 2005-I
	  	$	2,514,951.92
	 Babson CLO Ltd. 2005-II
	  	$	1,150,709.13
	 Antares Funding, L.P.
	  	$	3,796,153.85
	 Mariner CDO 2002, Ltd.
	  	$	2,429,673.08
	 Navigator CDO 2003, Ltd.
	  	$	2,138,336.54
	 Navigator CDO 2005, Ltd.
	  	$	1,943,942.31
	 TOTAL
	  	$	70,000,000










 Schedule 1.1 (b) 
 Revolving Loan Commitments 
 Revolving Loan Commitment 
  

				
	 Antares Capital Corporation
	  	$	11,210,000
	 M&I Marshall & Ilsley Bank
	  	$	3,500,000
	 LaSalle Bank National Association
	  	$	3,890,000
	 Orix Leveraged Finance Corp.
	  	$	1,400,000
	 TOTAL
	  	$	20,000,000










 Schedule 1.1 (d) 
 Swing Line Commitments 
 Swing Line Commitment 
  

				
	 Antares Capital Corporation
	  	$	2,000,000
	 TOTAL
	  	$	2,000,000










 Schedule 3.2 
 Capitalization 
 PTHR Holdings, Inc. 
  

					
	 	  	Common Stock	  	Preferred Stock
	 Fenway Panther Holdings, LLC
	  	2,355,000	  	16,335.84
	 Daniel K. Sokolowski Revocable Trust U/A/D 2/16/98
	  	291,300	  	2,020.65
	 Richard J. Buffington
	  	11,550	  	80.12
	 John J. Sliter
	  	11,550	  	80.12
	 Michael F. Stopka
	  	7,800	  	182
	 Stephen D. Wharton
	  	7,800	  	182
	 Antares Capital Corporation
	  	15,000	  	104.05
	 York Street Mezzanine Partners L.P.
	  	232,707.79	  	1,599.31
	 CUNA Mutual Insurance Society
	  	27,924.94	  	—  
	 CUMIS Mutual Insurance Society Inc.
	  	13,962.47	  	639.73
	 Members Life Insurance Company
	  	9,308.31	  	—  
	 CUNA Mutual Life Insurance Company
	  	41,887.40	  	—  
		  	 	  	 
	 Total
	  	3,025,790.91	  	21,223.81
		  	 	  	 

 Authorized Shares 
  

			
	PTHR Holdings, Inc.	 	 4,000,000 shares Common Stock
 100,000
shares Preferred Stock

		
	Panther II Transportation, Inc.	 	 1,010 shares Class A Common Stock
 9,090 shares Class B Common Stock

		
	Panther II, Inc.	 	500 shares Common Stock

 Outstanding Options 
  

								
	 Holder
	  	Share Class	  	Number of Shares	  	Exercise Price
	 Richard J. Buffington
	  	Common	  	23,823.53	  	$	10.00
	 Steven D. Wharton
	  	Common	  	15,882.35	  	$	10.00
	 Christopher T. French
	  	Common	  	3,970.59	  	$	10.00











								
	 Christopher D. Koehring
	  	Common	  	3,970.59	  	$	10.00
	 Paul D. Ratcliff
	  	Common	  	3,970.59	  	$	10.00
	 John J. Sliter
	  	Common	  	23,823.53	  	$	10.00
	 Jeffrey M. Sokolowski
	  	Common	  	3,970.59	  	$	10.00
	 Michael F. Stopka
	  	Common	  	15,882.35	  	$	10.00
	 Jeffrey S. St. Pierre
	  	Common	  	15,882.35	  	$	10.00
	 Daniel Sokolowski
	  	Common	  	95,294.12	  	$	10.00
	 Jon P. Garity
	  	Common	  	7,941.18	  	$	10.00

  

	•	 	PTHR Holdings, Inc. Stock Subscription Agreement by and among PTHR Holdings, Inc., Fenway Panther Holdings, LLC, and Antares Capital Corporation dated as June 10, 2005.


  

	•	 	Amended and Restated Stockholders Agreement among PTHR Holdings, Inc. and the Stockholders named therein dated as of the date hereof. 

  

	•	 	PTHR Holdings, Inc. 2005 Stock Option Plan 










 Schedule 3.5 
 Litigation 
  

	•	 	Scanware, Inc. v. Panther II Transportation, Inc.: Scanware, Inc. claims damages in the amount of approximately $30,000 against Panther II Transportation, Inc. for its sale of
software products to Panther II Transportation, Inc. Panther II Transportation, Inc. has estimated that Scanware’s case has a settlement value of approximately $7,500.00-$15,000.00. 

  

	•	 	With regard to the outstanding claims arising out of automobile liability, Panther II Transportation, Inc. has the following limited loss reserve estimates: (1) $0 as of
December 31, 2001, (2) $150,974 as of September 1, 2002, (3) $60,614 as of September 1, 2003, (4) $255,239 as of September 1, 2004 (5) $72,398 as of January 3, 2006. See attached Table 3.5 for a complete
listing of outstanding automobile liability claims. 











																								
	 Customer Name
	 	Policy
Year	 	Coverage	 	Claim Number	 	Data of
Loss	 	 Claimant Name
	 	Claim status	 	 Accident Narrative
	 	Paid
Total	 	Reserves
Total	 	Net
Incurred
Total
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	1700051415	 	20010128	 	Panther II Transportation, Inc	 	Closed	 	Unknown accident	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	1700051578	 	20010315	 	Panther II Transportation, Inc	 	Closed	 	IV lost control and hit guard rail, damage to IV.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	1700051880	 	20010209	 	Panther II Transportation, Inc	 	Closed	 	IV ran off roadway and struck a telephone pole.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4620078225	 	20010711	 	JJ Nursery,	 	Closed	 	IV door swung open hit Parked OV.XREF 162 0080954	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4640067200	 	20010821	 	S.N.E.T Company,	 	Closed	 	IV pulled down some power lines	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4640070935	 	20011205	 	Unknown,	 	Closed	 	IV Hit OV and pushed OV Into OV2.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4660074058	 	20010517	 	C & S Transportation,	 	Closed	 	OV slowed down, IV hit OV	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4880077020	 	20010818	 	Kimala Vesey,	 	Closed	 	IV rearend OV.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700049881	 	20010313	 	Head, Charles	 	Closed	 	Drive shaft fell off IV and OV2 ran over it causing damage.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700049742	 	20010313	 	Head, Charles	 	Closed	 	Drive shall fell off IV and OV2 ran over it causing damage.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700050051	 	20010315	 	Viar, Julian	 	Closed	 	IV lost control and hit guard rail, damage to IV.	 	$	0	 	$	0	 	$	0
	 Partner II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700052071	 	20010518	 	logram, Betty	 	Closed	 	IV struck OV2 causing OV2 to have collision with OV3.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	47000523X1	 	20010612	 	Heald, Robert	 	Closed	 	IV rear-ended OV1, pushing them into OV2.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054159	 	20010716	 	Lomas, Raymond and MIc	 	Closed	 	OV rear-ended IV	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700055X41	 	20010920	 	Shephard, Cynthia	 	Closed	 	OV ran stop sign, IV struck OV	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700055X41	 	20010920	 	Unknown,	 	Closed	 	OV ran stop sign, IV struck OV	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700057X22	 	20011004	 	Castrejon, Cecilia	 	Closed	 	Unknown auto accident	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700058560	 	20011207	 	Jackson, David	 	Closed	 	IV struck OV While parked	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700058912	 	20011222	 	Barb,	 	Closed	 	Freezing rain - slid into guardrails- flipped Die duck.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	47000589X2	 	20011222	 	State of Indiana,	 	Closed	 	Freezing rain - slid into guardrails- flipped Die duck.	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700080743	 	20011213	 	Intreal Inc,	 	Closed	 	Insured truck tore down cimt fence	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4710062958	 	20010820	 	Wheeler, Amanda	 	Closed	 	IV failed to yield right of way and was sideswiped by OV	 	$	0	 	$	0	 	$	0
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4710062302	 	20010804	 	GraybBeal, Andrew E	 	Closed	 	IV swerved into OV.	 	$	78	 	$	0	 	$	78
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700052007	 	20010524	 	Bowlus Trucking,	 	Closed	 	IV was struck by OV	 	$	77	 	$	0	 	$	77
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700052855	 	20010X08	 	Little, Dennis	 	Closed	 	IV Struck OVs mirror	 	$	100	 	$	0	 	$	100
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4710060272	 	20010625	 	Little, Dennis	 	Closed	 	Passed around Dennis & barely bumped board, or driver	 	$	158	 	$	0	 	$	158
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700053011	 	20010702	 	Dufour, Carol	 	Closed	 	IV back into OV	 	$	250	 	$	0	 	$	250
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700051129	 	20010502	 	Cluppa, Salvatore	 	Closed	 	IV caught phone one and pulled it down out of house	 	$	285	 	$	0	 	$	285
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4880097715	 	20010518	 	Banks, Lucas	 	Closed	 	IV rearend OV.	 	$	301	 	$	0	 	$	301
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700053800	 	20010723	 	Astro Enterprises,	 	Closed	 	IV backed up trailer, struck parked OV	 	$	323	 	$	0	 	$	323
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700057310	 	20011018	 	Roman, Francisco	 	Closed	 	IV rearend OV in stopped traffic	 	$	325	 	$	0	 	$	325
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700050530	 	20010117	 	ADM Trucking Inc,	 	Closed	 	IV rolled into OV	 	$	364	 	$	0	 	$	364
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054204	 	20010807	 	Ponton, Barry	 	Closed	 	IV backing to into parking space and hit OV passenger XXX	 	$	374	 	$	0	 	$	374
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054849	 	20010217	 	Smith, Rick	 	Closed	 	IV damaged cimt’s property.	 	$	375	 	$	0	 	$	375
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700057489	 	20011102	 	Wesaw, Sheryl	 	Closed	 	IV backed into front end of parked OV.	 	$	451	 	$	0	 	$	451
	 Partner II Transportation. Inc
	 	2000	 	AUTOMOBILE	 	4840051329	 	20010228	 	Canberra Industrial,	 	Closed	 	IV struck a tree	 	$	477	 	$	0	 	$	477
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700049551	 	20010228	 	Klein, John	 	Closed	 	IV and OV2 collided while turning a sharp corner.	 	$	497	 	$	0	 	$	497
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4840056321	 	20010319	 	National Railroad Passenger Corporation	 	Closed	 	IV truck damaged railroad bridge	 	$	588	 	$	0	 	$	588
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700050760	 	20010326	 	CSI,	 	Closed	 	IV Pulled down light pole wire	 	$	588	 	$	0	 	$	588
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4820072594	 	20010331	 	Dickerson, Dixle	 	Closed	 	IV turned & struck OV.	 	$	838	 	$	0	 	$	838
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054341	 	20010607	 	Maiden Regional Airport	 	Closed	 	IV hit power lines and pulled them down	 	$	702	 	$	0	 	$	702
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700052558	 	20010601	 	McHenry Recreation XXX Alley	 	Closed	 	IV XXX Cimt building: insure left scene of crime	 	$	725	 	$	0	 	$	725
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700051122	 	20010412	 	LaXXX, David	 	Closed	 	IV struck OV	 	$	790	 	$	0	 	$	790
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4860074201	 	20010520	 	Brumfield, Barbara	 	Closed	 	IV was turning around in park, scratched OV rear XXX pannel.	 	$	868	 	$	0	 	$	868
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054826	 	20010825	 	Golden Hawk Transportation Services LLC	 	Closed	 	IV backed into parked OV hitting L front side	 	$	872	 	$	0	 	$	872
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700048933	 	20010205	 	McKinney, Danielle	 	Closed	 	IV hit parked OV	 	$	907	 	$	0	 	$	907
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054703	 	20010817	 	Click, Kathlean	 	Closed	 	After top or box hit a low bridge, box red off & hit a car	 	$	998	 	$	0	 	$	998
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4860077020	 	20010818	 	Sheila Kennedy,	 	Closed	 	IV rearend OV.	 	$	1,000	 	$	0	 	$	1,000
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700060431	 	20010406	 	Woods, Margie L	 	Closed	 	Insd veh switched lines & hit over veh mirror	 	$	1,160	 	$	0	 	$	1,160
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700050376	 	20010208	 	Boone Rural Electric, Membership Corporal	 	Closed	 	IV ran off roadway and struck a telephone pole.	 	$	1,181	 	$	0	 	$	1,181
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700082404	 	20011206	 	Queen City Steel,	 	Closed	 	Took out a door at shipper	 	$	1,248	 	$	0	 	$	1,248
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700057094	 	20011015	 	Posphonan, David J	 	Closed	 	IV tried to turn-backed up and hit OV.	 	$	1,352	 	$	0	 	$	1,352
	 Partner II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4240031423	 	20010301	 	Mitsubishi Motor,	 	Closed	 	IV backing hit concrete column	 	$	1,369	 	$	0	 	$	1,369
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700050051	 	20010315	 	Missouri Highway and
, Transportation Comm	 	Closed	 	IV lost control and hit guard rail, damage to IV.	 	$	1,385	 	$	0	 	$	1,385
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4880072288	 	20010330	 	Adkins, Ruby	 	Closed	 	IV backing, hit traffic pole which fell onto a vehicle and	 	$	1,557	 	$	0	 	$	1,557
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4620073733	 	20010418	 	Borchardi, Albert	 	Closed	 	IV turned L in front of OV and they colided	 	$	1,587	 	$	0	 	$	1,587
	 Panther II Transportation, inc
	 	2000	 	AUTOMOBILE	 	4680072440	 	20010405	 	Cherry, Nancy	 	Closed	 	IV backed into OV	 	$	1,830	 	$	0	 	$	1,830
	 Panther II Transportation. Inc
	 	2000	 	AUTOMOBILE	 	4700049012	 	20010217	 	Brumbough, Clifford	 	Closed	 	IV backing and struck OV, no injuries	 	$	1,961	 	$	0	 	$	1,961
	 Partner Transportation. Inc
	 	2000	 	AUTOMOBILE	 	4700051014	 	20010409	 	Bakery Unlimited,	 	Closed	 	Insured drove into bakery sign.	 	$	1,971	 	$	0	 	$	1,971
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4680070794	 	20010214	 	Hughes, Nancy	 	Closed	 	IV rear ended OV when OV stopped suddenly	 	$	1,989	 	$	0	 	$	1,989
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700054181	 	20010803	 	Borden, Robert	 	Closed	 	Parked to close to the sign & top of truck hit the sign	 	$	2,087	 	$	0	 	$	2,087
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700048827	 	20010212	 	Adkins, Chris	 	Closed	 	IV hit parked OV	 	$	2,117	 	$	0	 	$	2,117
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4880071641	 	20010310	 	Haubrick, MaXXX	 	Closed	 	IV backed into OV2.	 	$	2,133	 	$	0	 	$	2,133
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700052071	 	20010518	 	Sims, Malissa	 	Closed	 	IV struck OV2 causing OV2 to have collision with OV3.	 	$	2,142	 	$	0	 	$	2,142
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700080301	 	20010828	 	Fish, Mary	 	Closed	 	IV rear-ended OV at a red light.	 	$	2,519	 	$	0	 	$	2,519
	 Panther II Transportation, Inc
	 	2000	 	AUTOMOBILE	 	4700049256	 	20010120	 	Ohio Department of
Transportation	 	Closed	 	IV entering highway, hit Ice, hit guardrail and flipped	 	$	2,232	 	$	0	 	$	2,232











																								
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700051160	  	20010427	  	Danner, Trent	  	Closed	  	IV apparently Involved In side-swipe accident.	  	$	2,307	  	$	0	  	$	2,307
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700056834	  	20011024	  	Parks, XXX	  	Closed	  	IV rear-ended other vehicle causing OV driver Stiff neck	  	$	2,340	  	$	0	  	$	2,340
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700048833	  	20010115	  	XXXX Gas,	  	Closed	  	IV backed up and struck light post	  	$	2,358	  	$	0	  	$	2,350
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700056834	  	20011024	  	Parks, XX	  	Closed	  	IV rear-ended other vehicle causing OV driver stiff neck.	  	$	2,367	  	$	0	  	$	2,367
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4780007603	  	20011227	  	Proctor, XXXX	  	Closed	  	IV felt hit on front passenger side-OV1 hit OV2 us result.	  	$	2.401	  	$	0	  	$	2,381
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700052391	  	20010612	  	Jung, Paul	  	Closed	  	IV rear-ended OV1, pushing them Into OV2	  	$	2,187	  	$	0	  	$	2,531
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700048512	  	20010130	  	TownXXXXX,	  	Closed	  	IVallegedly hit building while trying to turn around	  	$	2,558	  	$	0	  	$	2,556
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700059764	  	20011028	  	Gilbert, Titus	  	Closed	  	IV hit parked OV.	  	$	2,571	  	$	0	  	$	2,571
	 Panther II Transportation. Inc
	  	2000	  	AUTOMOBILE	  	4700052974	  	200106__	  	Johns, Troy	  	Closed	  	IVrolled back into OV	  	$	2,579	  	$	0	  	$	2,579
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700059746	  	20011201	  	Ebling, Edward	  	Closed	  	IV backed into OV	  	$	2,378	  	$	0	  	$	2,579
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700052585	  	20010607	  	Jaussaud, Jeff	  	Closed	  	OVwas sideswiped by IV	  	$	2,972	  	$	0	  	$	2,972
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4620079677	  	20010607	  	Brookside Funeral Home	  	Closed	  	IV turned around in funeral home parking lot, and hit pole.	  	$	3,487	  	$	0	  	$	3,457
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	47100_7534	  	20010611	  	Interstate Distribution	  	Closed	  	IV backed into parked OV	  	$	3,509	  	$	0	  	$	3,509
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4600071235	  	20010227	  	Crown Cleaners Inc.	  	Closed	  	IV side wiped OV	  	$	4,015	  	$	0	  	$	4,015
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4640065775	  	20010622	  	Eoolab Inc.	  	Closed	  	IV XXXXXX OV.	  	$	4,104	  	$	0	  	$	4,104
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4120001281	  	20010629	  	JO WOOD TRUCKING,	  	Closed	  	IV DRIVER TURNED CORNER LOAD SHIFTED, TRUCK FLIPPED OVER	  	$	4,108	  	$	0	  	$	4,109
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	47000___40	  	20011222	  	Gonzalez. Jose	  	Closed	  	Unknown cause to unknown accident	  	$	4,126	  	$	0	  	$	4,126
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4640073543	  	20011219	  	Angus, Both	  	Closed	  	OV struck IV while iv entering driveway.	  	$	4,677	  	$	0	  	$	4,677
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700056529	  	20011214	  	Mllam, James E	  	Closed	  	IV hit parked OV.	  	$	4,901	  	$	0	  	$	4,901
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4710061042	  	20010713	  	Jeffries, Curtis	  	Closed	  	IV struck parked OV	  	$	5,117	  	$	0	  	$	5,117
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4660077020	  	20010816	  	Byers, sharrod	  	Closed	  	IV XXX OV.	  	$	5,140	  	$	0	  	$	5,140
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	470005_765	  	20011004	  	Lindsey, James	  	Closed	  	IV pulled out of truck stop-OV lost control & hit IV.	  	$	8,102	  	$	0	  	$	8,102
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700051354	  	20010510	  	Joseph installation.	  	Closed	  	IV XXXX struck parked OV at loading dock	  	$	7,309	  	$	0	  	$	7,308
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4660073356	  	201501	  	Martinex Moving,	  	Closed	  	IV hacking out of parting spot end hit OV	  	$	7,657	  	$	0	  	$	7,657
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	47000536633	  	20010628	  	XXXXX Management	  	Closed	  	IV backed into parking gate	  	$	7,817	  	$	0	  	$	7,817
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	471006295_	  	20010858	  	Wheeler, Leon	  	Closed	  	IV failed to yield right of way and was sideswiped by OV	  	$	7,528	  	$	0	  	$	8,764
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700051299	  	200105	  	Coldwell. Robert	  	Closed	  	IV hit OV while trying to XXXX at a bee.	  	$	8,885	  	$	0	  	$	8,865
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4710060701	  	2001070	  	Beckham, Barry	  	Closed	  	IV rearended OV A pushed OV through XXXX	  	$	9,070	  	$	0	  	$	9,070
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700049_07	  	2001012	  	XXXXX XXX	  	Closed	  	XXX same direction	  	$	9,449	  	$	0	  	$	9,449
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4_40070935	  	2OOI120	  	XXXX, Tenance	  	Closed	  	IV hit OV and pushed OV into OV2.	  	$	11,384	  	$	0	  	$	11,384
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700090526	  	2001030	  	XXXX Department of transportation	  	Closed	  	IV merged L struck construction equipment	  	$	14,784	  	$	0	  	$	14,784
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4710060701	  	2001070	  	Beckham, Barry & sheila	  	Closed	  	IV rear-ended OV and pushed OV through intersection	  	$	15,128	  	$	0	  	$	15,708
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4_40074954	  	2001112	  	Durosa.LynronJ	  	Closed	  	IV backing Into loading dock, hit Clmnt by standard	  	$	16,560	  	$	0	  	$	16,560
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4_00007603	  	20O112X	  	HaupnchXXXXX	  	Closed	  	IVfelt hit on front passenger side-OV1 hit OV2 as result	  	$	20,145	  	$	0	  	$	20,145
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4860074058	  	2001051	  	McCoy, Andrea	  	Closed	  	OV slowed down, IV hit OV	  	$	21,858	  	$	0	  	$	21,483
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBLE	  	4800007503	  	2001122	  	XXXX,	  	Closed	  	IV felt hit on front passenger side-OV1 hit OV2 as result	  	$	23,200	  	$	0	  	$	23,200
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4700048067	  	2001011	  	Bradford, Lathan	  	Closed	  	IV backed into OV while parked	  	$	29,858	  	$	0	  	$	28,859
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4000007603	  	2001122	  	Brooks, Dennis	  	Closed	  	IV felt hit on front passenger side - OV1 hit OV2 as result	  	$	34,520	  	$	0	  	$	34,520
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4710054948	  	2001012	  	Wells, Robert	  	Closed	  	Clmt on bike, struck Insured tractor on side	  	$	113,061	  	$	0	  	$	113,061
		  	2000
Total	  		  		  		  		  		  		  	$	483,408	  	$	0	  	$	481,172
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1620060954	  	20010711	  	Panther II Transportation, Inc.,	  	Closed	  	IV door swung open hit parked OV, XREF 462 0078225	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	16_0063069	  	20010601	  	Nestec, Michael	  	Closed	  	IV mirror hit mirror of OV which was parked.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1660066956	  	2001100;	  	Panther II Transportation, Inc	  	Closed	  	IV struck parked OV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1660075151	  	2002080:	  	Panther II Transportation, Inc	  	Closed	  	IV to middle lane of 3 lane highway - IVwent to change	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1660076627	  	2M209K	  	Panther II Transportation, Inc	  	Closed	  	Unknown	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1700059322	  	20011104	  	Panther II Transportation, Inc	  	Closed	  	IV hit deer	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1700085720	  	2D020531	  	Panther II Transportation, Inc	  	Closed	  	Ins heading down 1 -75 - did not see car slowing in front a	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1700069727	  	20020723	  	Panther II Transportation, Inc	  	Closed	  	Driver #1 stated that she was backing out of parking space	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1700070920	  	20021111	  	Panther II Transportation, Inc	  	Closed	  	Insured backed into clmt	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	1700071853	  	20021223	  	Panther II Transportation, Inc	  	Closed	  	Claimant rear ended Insured. Insured went to hospital No d	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4620096639	  	20011117	  	Hartford, Pete	  	Closed	  	OV alleges vehicle was hit by IV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4640071443	  	20011121	  	Co-Worker, unknown	  	Closed	  	Driver hit coworker with truck while backing.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	464007427J	  	20020J31	  	Speedy	  	Closed	  	OV hit the IV while at the shipper.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4640089609	  	20020506	  	Dollar RentACar,	  	Closed	  	IV ran over power pole causing a power outage.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660083259	  	20020211	  	Britney.XXXXX	  	Closed	  	Unknown accident. both drivers say the other ran red light	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660083J59	  	20020211	  	Dunn,XXXX	  	Closed	  	Unknown accident -both drivers say the other ran red light	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4680089275	  	20020723	  	Hughes, Alton	  	Closed	  	Claimant states that Insured backed Into Insured while prkd	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660009396	  	420020807	  	Neville. Victor	  	Closed	  	IV In the middle lane ct3 lane highway-IV went to change	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660089494	  	20020810	  	Unknown,	  	Closed	  	Ins trailer hit and broke pole.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660089908	  	20020821	  	Hauss, Henry	  	Closed	  	#3 possibly an SUV putting a XXX. Was trying to pass #2.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660091777	  	20020721	  	Brawn, Tim	  	Closed	  	IV backing into parking space & struck claimants vehicle	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4080097937	  	20021222	  	Jackson. Jeans	  	Closed	  	OV lost control and impacted IV front bumper and skidded of	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700052393	  	20010612	  	Jung. Paul	  	Closed	  	IV rear ends V2 and V2 rear ended V3	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700059356	  	20020109	  	Cenelo,XXXX	  	Closed	  	IV backing ino repair shop, OV pulled in turning radius	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700080461	  	20020216	  	Case Tractor Corp.	  	Closed	  	Insured damaged inside dock door paneling and rubber trim	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700060462	  	20020216	  	Brawn, Robert	  	Closed	  	IV was turning around and struck OV	  	$	0	  	$	0	  	$	0











																										
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700051932	  	20020405	  	Aggressive Transportation	  	Closed	  	IV backed into parked OV trailer and left the scene.	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700062059	  	20020227	  	Jenks, Scott	  	Closed	  	IV “Turfed” Clients lawn while turning around.	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700062328	  	20020329	  	Plelfer. Bus	  	Closed	  	Clmt is alleges that rock was kicked up by our unit	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063287	  	20020522	  	Jennifer Foster.	  	Closed	  	OV ran a stop sign and struck IV. Both parties were taken	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063287	  	20020522	  	Nanlam,Kulap	  	Closed	  	OV ran a stop sign and struck IV. Both parties were taken	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063837	  	20020531	  	Vistson Automotive,	  	Closed	  	IV knocked over sign with trailer threw trailer axles out o	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063776	  	20020605	  	Sunflower Express,	  	Closed	  	IV hit OV (tractor/trailer) In the rear in the middle of the	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700064010	  	20020509	  	Miller, Angela	  	Closed	  	IV hit OV side by side - both IV & OV sidewiped, Unable to	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700064540	  	20020525	  	May, Sue	  	Closed	  	Insured backed into Clmt	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700065254	  	20020712	  	Gordon, Karma	  	Closed	  	Insured pulled over into claimants lane - forcing claimant	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700065630	  	20020417	  	Lee, Paul D	  	Closed	  	IV backing into dock bumped OV	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700067607	  	20020722	  	Vance, Kara	  	Closed	  	Driver #1 stated that she was backing out of parking space	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700069718	  	20020620	  	XXX, Brian	  	Closed	  	IV proceeded thru 4-way/hit in middle of Intersec. by clmt.	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700069914	  	20021223	  	Smith, Dianna	  	Closed	  	Claimant rear ended Insured. Insured went to hospital No d	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700069914	  	20021223	  	Unknown,	  	Closed	  	Claimant rear ended Insured. Insured went to hospital. No d	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710069720	  	20020327	  	Scott, Kenneth W	  	Closed	  	Flatbed changed lanes in front of IV & slammed on brakes &	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710071827	  	20020316	  	Metro Airport,	  	Closed	  	Insured unit went over bump in parking lot ripped overhang	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710072897	  	20020708	  	Guthrie, John	  	Closed	  	Clmt is alleging that Insured sideswlped his car	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4720006903	  	20020712	  	Ventura, Edwing	  	Closed	  	Conflicting stories, clmt alleges Ins backed into him - in	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4720007565	  	20020810	  	Unknown,	  	Closed	  	Insured was merging on Americans Ave. Back of our truck hit	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4720014326	  	20020516	  	Bacon, Guy	  	Closed	  	Insured backed into door.	  	$	0	  	$	0	  		  	$	0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4800090783	  	20020806	  	Unknown,	  	Closed	  	IV’s driver thought person said to back up - struck OV.	  	$	5	  	$	0	  		  	$	5
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700066185	  	20020809	  	Michael Bellamy,	  	Closed	  	Insured coming off exit ramp - traffic backed -up - Insured	  	$	10	  	$	0	  		  	$	10
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660065222	  	20020212	  	Brinkley, Thereita	  	closed	  	OV entered four way Intersection and was struck by IV	  	$	17	  	$	0	  		  	$	17
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700062810	  	20020108	  	Mooney, Latisha	  	Closed	  	Claimant pulled out in front of Insured from on ramp causin	  	$	51	  	$	0	  		  	$	51
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700066048	  	20020809	  	Wilczak, Jacqueline	  	Closed	  	Backed out of shipper- nicked bumper of lady pulling in.	  	$	242	  	$	0	  		  	$	242
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700061058	  	20020212	  	Anderson, Tecora	  	Closed	  	IV struck OVand left the scene	  	$	267	  	$	0	  		  	$	267
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	46500751S5	  	20010607	  	Liggies, Larry	  	Closed	  	IV mirror hit mirror or OV which wns parked.	  	$	299	  	$	0	  		  	$	299
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710974537	  	20020709	  	Cade, symphone	  	Closed	  	#2 pulled out In front of #1 -1H pushed #2 down the road th	  	$	300	  	$	0	  		  	$	300
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710074537	  	20020709	  	Rounds, Oarlan	  	Closed	  	#2 pulled out In front of #1 -1H pushed #2 down the road th	  	$	300	  	$	0	  		  	$	300
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700055117	  	20010904	  	Automotive, Dow	  	Closed	  	IV ran over clmt. trailer jack	  	$	312	  	$	0	  		  	$	312
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700066455	  	20020821	  	Johnson, Dwayne	  	Closed	  	IV in parking lot - didn’t swing trailer wide enough-sera	  	$	377	  	$	0	  		  	$	377
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4880088850	  	20020728	  	Ushman, Chris	  	Closed	  	IV rear ended OV and pushed him into vehicle OV2.	  	$	400	  	$	0	  		  	$	400
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4880091441	  	20021003	  	Crocker, Wanda	  	Closed	  	Chain reaction accident. Insured hit clmt. in rear - pushed	  	$	420	  	$	0	  		  	$	420
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063787	  	20020224	  	Whsley, Mee	  	Closed	  	Turn around in a lawn	  	$	434	  	$	0	  		  	$	434
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4840073518	  	20020213	  	SHAKER GR0UP.	  	Closed	  	IV struck OV in icy parking lot	  	$	469	  	$	0	  		  	$	469
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700084141	  	20020430	  	Zheng, Dezhi	  	Closed	  	OV hit IV, IV cited for failure to yield. IV making left turn	  	$	469	  	$	0	  		  	$	469
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700065502	  	20020726	  	Dan Greenside Jr,	  	Closed	  	Insured side swiped clmt. while turning around.	  	$	500	  	$	0	  		  	$	500
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700065998	  	20020727	  	Lavagninov, Regins A	  	Closed	  	Insured making left turn hit clmt with our trailer.	  	$	500	  	$	0	  		  	$	500
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700003878	  	20020XX	  	Salines, Lubin M	  	Closed	  	Box of IV struck OV breaking out his tail light	  	$	586	  	$	0	  		  	$	586
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4840064529	  	20010531	  	XXX, Frank	  	Closed	  	IV drove on and damaged clmt lawn	  	$	600	  	$	0	  		  	$	600
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4880088859	  	20020726	  	Ushman, Steven	  	Closed	  	IV rear ended OV and pushed him into another vehicle 0V2.	  	$	600	  	$	0	  		  	$	600
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700058744	  	20020124	  	Bowman, David	  	Closed	  	IV backin out- struck front of parked OV	  	$	827	  	$	0	  		  	$	827
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063781	  	20020522	  	Sept, Manene	  	Closed	  	OV stated that IV scrapped up the side of her jeep -IV den	  	$	845	  	$	0	  		  	$	845
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700061082	  	20020304	  	Huck Fasteners,	  	Closed	  	IV backed into a door at shipper.	  	$	856	  	$	0	  		  	$	856
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4880090334	  	20020824	  	Robert Van Winkle,	  	Closed	  	Driver backed up into another vehicle damage minimal scratch	  	$	748	  	$	0	  		  	$	748
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4880088281	  	20020507	  	Regional Imaging
Diagonostic	  	Closed	  	Insured driver ran over lawn with trailer.	  	$	900	  	$	0	  		  	$	900
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700065936	  	20020807	  	XXX, Carlssa	  	Closed	  	Unknown.	  	$	918	  	$	0	  		  	$	918
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4840074748	  	20020326	  	Nelson, Paula H	  	Closed	  	IV stopped at railroad overhead bridge. IV backed into OV	  	$	925	  	$	0	  		  	$	925
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	488008X	  	20020820	  	Ryder,	  	Closed	  	While backing into the cons dock clipped a Ryder cargo van.	  	$	946	  	$	0	  		  	$	946
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4880088562	  	20020521	  	Landster,	  	Closed	  	IVrearended OV2, OV3 fled the scene- IV couldn’t stop	  	$	1,020	  	$	0	  		  	$	1,020
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4840072899	  	20020118	  	Jackson, Lucy	  	Closed	  	IV backed into OV.	  	$	1,092	  	$	0	  		  	$	1,092
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710074225	  	20020821	  	Hartson Kennedy Cabinet	  	Closed	  	Insured driver corner of van - git overhead door.	  	$	1,100	  	$	0	  		  	$	1,100
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700068902	  	20021111	  	Mohr, Victor	  	Closed	  	Insured backed into clmt	  	$	1,138	  	$	0	  		  	$	1,138
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710074932	  	20020621	  	Basham, Christopher	  	Closed	  	Clmt alleges Ins. ran him off the road see attached subro XXX	  	$	1,205	  	$	0	  		  	$	1,205
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700060444	  	20020211	  	Lunn Trucking Carval,1
Trucking	  	Closed	  	IV backed intoOV	  	$	1,297	  	$	0	  		  	$	1,297
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710071853	  	20020629	  	Graham, James	  	Closed	  	IV rolled back into OV	  	$	1,324	  	$	0	  		  	$	1,324
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4040080847	  	20020918	  	Motfatt. Karen J	  	Closed	  	IV backed into OV while parked.	  	$	1,332	  	$	0	  		  	$	1,332
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710089287	  	20020308	  	McMichael, Cory	  	Closed	  	IV side swiped OV	  	$	1,400	  	$	0	  		  	$	1,400
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4680004912	  	20020613	  	First Energy/Penn Power	  	Closed	  	Driver ran over power pole	  	$	1,442	  	$	0	  		  	$	1,442
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063840	  	20O20531	  	Chesser, Henry E	  	Closed	  	IV backed into OV at shipper.	  	$	1,470	  	$	0	  		  	$	1,470
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700003501	  	20020316	  	Gerig, Elizabeth	  	Closed	  	IV rearended OV while OV was turning into a parking lot. Into a parking lot.	  	$	1,485	  	$	0	  		  	$	1,485
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4720002534	  	20020125	  	Carpole, Jock	  	Closed	  	IV trailer struck OV front while turning	  	$	1,553	  	$	0	  		  	$	1,553
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	472000X75	  	20020706	  	McClain, Terry	  	Closed	  	Insured tried to make a L turn in an area where he shouldn’t	  	$	1,558	  	$	0	  		  	$	1,558
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700059828	  	20020128	  	McDonoald, Kathleen	  	Closed	  	IV rear ended OV.	  	$	1,587	  	$	0	  		  	$	1,587
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4680088268	  	20020512	  	Neofotistos, Constanline	  	Closed	  	#1’s foot slipped off the brake and #1 rolled back into #2	  	$	1.541	  	$	0	  		  	$	1.541
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700083843	  	20020531	  	Crusenberry, Nakeesha	  	Closed	  	Ins heading down 1-75-did not see car slowing in front a	  	$	1,700	  	$	0	  		  	$	1,700
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710076781	  	20020628	  	Werner.	  	Closed	  	Insured backed into clmt at dock. Please see attached subr	  	$	2,177	  			  		  	$	2,177











																								
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700089330	  	20021002	  	Holland Trucking	  	Closed	  	Insured hit clmt while exiting parking lot.	  	$	2,216	  	$	0	  	$	2,216
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700051615	  	20020328	  	Hermanoqicz Ryszard	  	Closed	  	IV struck OV which had stopped due to debris in the road	  	$	2,220	  	$	0	  	$	2,220
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4860090028	  	20020824	  	Leopold Curtis	  	Closed	  	IV struck OV when crossing lanes	  	$	2,246	  	$	0	  	$	2,240
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700054976	  	20010828	  	LC Transportation	  	Closed	  	IV backed into OV.	  	$	2,462	  	$	0	  	$	2,462
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	48600831785	  	20020210	  	Dement Laura	  	Closed	  	IV hit OV on door while turning around on narrow Street	  	$	2,543	  	$	0	  	 	2,543
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700066823	  	20020817	  	Speedway	  	Closed	  	Insured driver ran into canopylight	  	$	2,564	  	$	0	  	$	2,564
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710073001	  	20020713	  	Hamilton Franky	  	Closed	  	Both insured and Clmt going into XXX lane - all of a sudde	  	$	2,675	  	$	0	  	$	2,675
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660083252	  	20020211	  	Browning Jonny	  	Closed	  	IV backed into OV parked.	  	$	2,XXX	  	$	0	  	$	2,XXX
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	8660094228	  	20020612	  	Novak Trucking Services	  	Closed	  	IV backed Into clmt - driver fells clmt illegally parked.	  	$	2,710	  	$	0	  	$	2,710
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700066674	  	200206302	  	Brice William	  	Closed	  	OV ran to IV trailer.	  	$	2,966	  	$	0	  	$	2,966
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4640078064	  	20020507	  	Settlers Jenico	  	Closed	  	IV backed into OV	  	$	3,000	  	$	0	  	$	3,000
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700058010	  	20011115	  	Brown William	  	Closed	  	Unknown accident description	  	$	3,131	  	$	0	  	$	3,131
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4640073885	  	20020227	  	Unknown	  	Closed	  	IV hit a door at a repair shop	  	$	3,558	  	$	0	  	$	3,558
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700069763	  	20020125	  	Chrysler	  	Closed	  	IV hit a guard rail at Ihe clmts location	  	$	3,635	  	$	0	  	$	3,635
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4640078916	  	20020410	  	DeGarcia Maria	  	Closed	  	Unknown	  	$	3,X32	  	$	0	  	$	3,X32
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4680079558	  	20011003	  	Davis Nancy	  	Closed	  	IV struck parked OV.	  	$	3,918	  	$	0	  	$	3,918
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660091158	  	20020824	  	Schnelder NC	  	Closed	  	Insured backed onto clmt	  	$	4,117	  	$	0	  	$	4,117
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660064455	  	20020305	  	Young Larry	  	Closed	  	#3 pulled out in front of #1 - #1 moved over to the L &	  	$	4,219	  	$	0	  	$	4,219
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700066419	  	20020823	  	Lewis Dana	  	Closed	  	IV put his truck in reverse and back into the OV	  	$	4,317	  	$	0	  	$	4,317
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700059855	  	20020121	  	Craig Shirley	  	Closed	  	IV backed into stopped OV	  	$	4,521	  	$	0	  	$	4,521
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700052335	  	20020412	  	Baldwin J Randy	  	Closed	  	Insured hit clmt while leaving parking lot. Our insured wa	  	$	5,004	  	$	0	  	$	5,004
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700059986	  	20020201	  	Heget Rita	  	Closed	  	IV hit parked OV while trying to avoid oncoming truck.	  	$	5,053	  	$	0	  	$	5,053
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660088XXX	  	20020728	  	Milloer Maltory	  	Closed	  	IV rear ended OV and pushed him into another vehicle OV2.	  	$	5,513	  	$	0	  	$	5,513
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700054182	  	20020608	  	Orzach Karen	  	Closed	  	Claimant is alleging IV kicked up a stone hitting and crack	  	$	5,XXX	  	$	0	  	$	5,XXX
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710074537	  	20020709	  	Air Masters Inc.	  	Closed	  	#2 pulled out in front of #1 -1H pushed #2 down the road XXX	  	$	5,312	  	$	0	  	$	5,312
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660066659	  	20020728	  	Ushman Tina	  	Closed	  	IV rear ended OV and pushed him into another vehicle OV2.	  	$	6,500	  	$	0	  	$	6,500
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660066605	  	20020604	  	Pete Adrian	  	Closed	  	Car in front of insured started to back - IV started to XXX	  	$	6,5X0	  	$	0	  	$	6,5X0
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660117146	  	20020810	  	Dominion Resources Services	  	Closed	  	Insured driver struck and broke power pole. This was never	  	$	7,110	  	$	0	  	$	7,110
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4650087265	  	20020608	  	Nicholas Conrad	  	Closed	  	Insured was turning around and clmt ran into trailer of ins	  	$	7,521	  	$	0	  	$	7,521
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710069720	  	20020327	  	Roto Rooter	  	Closed	  	Flatbed changed lanes in front of IV & slammed on brakes &	  	$	7,X05	  	$	0	  	$	7,X05
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700061902	  	20020405	  	Schindler Elevator Inc.	  	Closed	  	IV rear ended clmt	  	$	7,646	  	$	0	  	$	7,646
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710074537	  	20020709	  	State Farm	  	Closed	  	#2 pulled out in front of #1-1H pushed #2 down the road th	  	$	8,000	  	$	0	  	$	8,000
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700052393	  	20010812	  	Heald Robbin	  	Closed	  	IV rear ends V2 and V2 rear ended V3	  	$	8,714	  	$	0	  	$	8,714
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710069720	  	20020327	  	SBM Transport	  	Closed	  	Flatbed changed lanes in front of IV & slammed on brakes &	  	$	9,201	  	$	0	  	$	9,201
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660091441	  	20021003	  	Brown Steven	  	Closed	  	Chain reaction accident. Insured hit clmt in rear -pushed	  	$	9,883	  	$	0	  	$	9,883
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4640089609	  	20020506	  	Fedral Property	  	Closed	  	IV ran over power pole causing a power outage.	  	$	10,196	  	$	0	  	$	10,196
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700054158	  	20010804	  	Express Leasing	  	Closed	  	IV ran a flashing red and got hit by OV.	  	$	10,581	  	$	0	  	$	10,581
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710071691	  	20020316	  	Cloumbus Airport	  	Closed	  	Ins unit went over bump in parking lot- ripped overhand of	  	$	10,923	  	$	0	  	$	10,923
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660091441	  	20021003	  	carey Clark	  	Closed	  	Chain reaction accident. Insured hit clmt in rear-pushed	  	$	11,000	  	$	0	  	$	11,000
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700061575	  	20020320	  	Zielnskl Lacy	  	Closed	  	IV rear ended OV	  	$	11,153	  	$	0	  	$	11,153
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4120001466	  	20020328	  	PANTHER II TRANSPORTATION INC.	  	Closed	  	FUEL SPILL CLEAN UP AFTER ACCIDENT	  	$	12,973	  	$	0	  	$	12,973
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	471006972O	  	20020327	  	Gover Cheryl	  	Closed	  	Flatbed changed lanes in front of IV & slammed on brakes &	  	$	16,21X	  	$	0	  	$	16,21X
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4660088659	  	20020726	  	Ushman Kevin	  	Closed	  	IV rear OV and pushed him into another vehicle OV2.	  	$	19,292	  	$	0	  	$	19,890
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700063643	  	20020531	  	Lambart Brian	  	Closed	  	Ins heading down I-75 - did not see car slowing in front o	  	$	21,146	  	$	0	  	$	21,146
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710069720	  	20020327	  	David Patterson	  	Closed	  	Flatbed changed lanes in front of IV & slammed on brakes &	  	$	32,711	  	$	0	  	$	32,711
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4710074537	  	20020709	  	Rounds Mary C	  	Closed	  	#2 pulled out in front of #1-1H pushed #2 down the road th	  	$	77,5X4	  	$	0	  	$	77,5X4
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4700061127	  	20020117	  	Wegevelt Alice M	  	Closed	  	OV was NB on Cherry Valey-stopped XXX to turn L into	  	$	85,340	  	$	0	  	$	85,340
	 Panther II Transportation, Inc
	  	2001	  	AUTOMOBILE	  	4720006737	  	20020624	  	De Leon Carlos	  	Closed	  	lns. backed into clmt	  	$	127,170	  	$	0	  	$	127,170
		  	2001 Total	  		  		  		  		  		  		  	$	656,460	  	$	0	  	$	656,833
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1640074991	  	20030404	  	Panther II Transportation	  	Closed	  	Insured moving through Intersection. Second auto slid thro	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1640077400	  	20030723	  	Panther II Transportation	  	Closed	  	IV backed into a gate, damaged trailer.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1660062898	  	20030523	  	Panther II Transportation	  	Closed	  	Insund drove onto lawn and got stuck - wrecker removed tru	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1660063195	  	20030223	  	Panther II Transportation	  	Closed	  	Other vehicle heading out of the parking lot. Insured was	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1600663502	  	20030603	  	Joseph L. Matthews	  	Closed	  	Unknown	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1660064991	  	20030716	  	Panther II	  	Closed	  	IV rear ended OV after OV XXX changed into IV lane.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1700072646	  	20030121	  	Panther II Transportation Inc.	  	Closed	  	Ins was at XXX plant - stopped at guard shack to get XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1700074451	  	20030424	  	Panther II Transportation	  	Closed	  	#1 in R lane #2 in L lane at red light - Light turned green	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1700074817	  	20030510	  	Panther II Transportation	  	Closed	  	Clmt states that insured struck his vehicle and the impact	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	1700075346	  	20030603	  	Rater Larry	  	Closed	  	Insured and claimant were both going into center lane on 3	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4450073171	  	20030222	  	Washington Robert	  	Closed	  	Insured was hit by claimant. When insured was trying to tu	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640061491	  	20020928	  	Unknown	  	Closed	  	Driver hit overpass with corner of the box of his trailer.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640087944	  	20030404	  	Morris Becky	  	Closed	  	Insured moving through Intersection. Second auto XXX thro	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640088066	  	20030411	  	Farcia Luis	  	Closed	  	Insured backing into dock and hit one parked car with open	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640088066	  	20030411	  	Wentke Bill H	  	Closed	  	Insured backing into dock and hit one parked car with open	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4840088711	  	20030502	  	Clouaire Lee	  	Closed	  	Insured XXX XXX Marina Rd. Claimant ran into insured XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640068907	  	20030509	  	Sullivan Henry J	  	Closed	  	IV turning R into perking lot OV on R side in XXX	  	$	0	  	$	0	  	$	0











																								
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4540091071	  	20030723	  	Triple Crown,	  	Closed	  	Insured had to move Triple Crown Trailer	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0094003	  	20021216	  	Ravenna Aluminum,	  	Closed	  	Insd missed d/w-pulled into next d/w & cut. thru tawn,	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0094914	  	20030114	  	Fangman, Douglas	  	Closed	  	When mesrging on to a ramp IV collided with OV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX009510X	  	20030109	  	Pioneer Glass,	  	Closed	  	2 Clmt is alleging Insured hit him. Insured is alleging that	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0005X0X	  	20030210	  	Kreger, Carl	  	Closed	  	TV sideswIped OV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0095989	  	20021205	  	Belhn, Samuel P	  	Closed	  	2 Clmts involved in accident They are claiming ins is par	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX00959X9	  	20021205	  	Kelly, Gary	  	Closed	  	2 clmts involved in accident They are claiming ins is par	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0097712	  	20030414	  	Cira Clmt	  	Closed	  	Insured in stop and go traffic - when ______________	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0098089	  	20030429	  	Smith, Richard	  	Closed	  	Insured backed into claimant at truck stop	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX0098309	  	20030506	  	Gracia, XXX J	  	Closed	  	Claimant ran red light and hit IV no ______ issued to IV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX00X8309	  	20030506	  	Turner, Douglas	  	Closed	  	Claimant ran red light and hit IV no ______ issued to IV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	46X0098592	  	20030505	  	XXX, XXX Ugoh	  	Closed	  	IV driver said another semi (OV) was on his right & was XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660099170	  	20030X01	  	United American,	  	Closed	  	Insured hit claimant with taller wheel on the corner right	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	46X010022X	  	20030702	  	XXX, Chris	  	Closed	  	Insured backed into basketball hoop.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660100675	  	2003071X	  	Hunt, Brands R	  	Closed	  	Clmt passing insured, clmt blew a fire swerved into insure	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	466010073X	  	20030723	  	XXX Transportation,	  	Closed	  	Insured XXX space - Insured traller hit front of claim a	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700067842	  	2002101X	  	Flutz, John	  	Closed	  	Insured was rear - ended by semi.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700067941	  	20021010	  	Unknown,	  	Closed	  	IV backed into pole	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	47000XX520	  	20021101	  	Plumb, David	  	Closed	  	Stop & go traffic - Insured tapped bumper of clmt MI State	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700068873	  	20021113	  	Meridian Automotive,	  	Closed	  	Conflicting stories, IV driver says door came down while b	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700070801	  	20030121	  	Edward Union,	  	Closed	  	Ins was at GM plant - stopped at guard shack to get direct	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470007114X	  	20030210	  	TMMK,	  	Closed	  	Insured driver turning around in no truck turnaround area.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470007114X	  	20030210	  	Toyota Motor Mfg.	  	Closed	  	Insured driver turning around in no truck turnaround area.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071373	  	20030212	  	Cummings, Michael	  	Closed	  	Clmt is alleging that insured backed into his parked truck	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071X83	  	20030303	  	Enterprise Leasing Company	  	Closed	  	Insured was stopped at end of ramp Semi behind did not stop	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071683	  	20030303	  	Moore, Steven	  	Closed	  	Insured was stopped at end of ramp Semi behind did not stop	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071X83	  	20030303	  	Unknown	  	Closed	  	Insured was stopped at end of ramp Semi behind did not stop	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071787	  	2003022X	  	Unknown,	  	Closed	  	Clmt pulled out in front of insured. Insured collided with	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072506	  	20030424	  	Unknown,	  	Closed	  	#1 went down wrong ramp at airport. Low clearance on this	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072939	  	200304314	  	Unknown,	  	Closed	  	#1 in R lane #2 in L lane at red light-Light turned green	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073374	  	20030510	  	Monigomery, Freds	  	Closed	  	After insured passed a disabled vehicle on the R hand side	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073402	  	20030512	  	GM Facility,	  	Closed	  	Insured cut the corner and ended up on the guard rail.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073490	  	20030515	  	DoYoung, Gordon	  	Closed	  	Insured rear ended claimant.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073920	  	20030603	  	Unknown,	  	Closed	  	Insured hit bridge	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074196	  	20030X13	  	Roberts. XXX	  	Closed	  	Insured tore up yard when backing into dock to pick up frel	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074X76	  	20021009	  	XXX Clifford,	  	Closed	  	Please see attached PIP claim. Clmt ________ insured. Cl	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074676	  	20021009	  	Eric Clifford,	  	Closed	  	Please see attached PIP claim. Clmt ________ insured. Cl	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4710082574	  	20030X20	  	Grayer, Eugene	  	Closed	  	Claimant stats that insured bumped him in the rear while X	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720011785	  	20030127	  	Palmisano, Anthony	  	Closed	  	IV rear ended the OV on RL167 N while OV stopped at traffic	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720012135	  	20030211	  	Meadows, Rick	  	Closed	  	While backing out of consignee -claimant is alleging that X	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720014X4X	  	20030X09	  	Registermarks,	  	Closed	  	IV was backing into tight dock & struck bricks & ___ for X	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720015XXX	  	20030722	  	Martinez, Victor	  	Closed	  	Insured driver pulled emergency break but truck moved - hit	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700070721	  	20030125	  	Fields, Paula	  	Closed	  	IV was rear ended by OV	  	$	XX	  	$	0	  	$	XX
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470006XX21	  	20021111	  	Jonson, Kris	  	Closed	  	IV pulled over to shoulder - no flashers - clmt rear ended IV	  	$	27	  	$	0	  	$	27
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4X4008835X	  	2003041X	  	XXX, XXX	  	Closed	  	Truck hit a mail box that was obstructed by a p__ of trash	  	$	52	  	$	0	  	 	S52
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX010177X	  	2003071X	  	XXX, Robert P	  	Closed	  	IV rear ended OV after OV lane changed into IV lane.	  	$	103	  	$	0	  	$	103
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4X2010352X	  	20030815	  	Hoy, George	  	Closed	  	Conflicting stories -Claimant ran into box of insured per	  	$	138	  	$	0	  	$	138
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470007174X	  	20030305	  	Shamrock CO.	  	Closed	  	IV rear ended OV on slippery rds	  	$	154	  	$	0	  	$	154
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074X7X	  	2002100X	  	XXX Jonn M	  	Closad	  	Please see attached PIP claim. Clmt rearended insured. CI	  	$	196	  	$	0	  	$	196
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073500	  	20030X13	  	USA Truck,	  	Closed	  	Insured backing into parking spot and bumper into clmts sid	  	$	197	  	$	0	  	$	197
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073379	  	20030510	  	Flowers, Kevin	  	Closed	  	Clmt states that insured struck his vehicle and the Impact	  	$	200	  	$	0	  	$	200
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX009X9X3	  	2003031X	  	XXX, Tommy	  	Closed	  	IV knocked over a ___ while turning around at shipper.	  	$	23X	  	$	0	  	$	23X
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	47000X8328	  	20021004	  	XXX Express Inc,	  	Closed	  	Clmt alleges IV struck mirror on OV	  	$	247	  	$	0	  	$	247
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	47000XXX7X	  	20020919	  	Graham, Chris	  	Closed	  	IV XXX R hand turn - OV tried to pass & clipped IV in re	  	$	250	  	$	0	  	$	250
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	47000737X4	  	2003052X	  	XXX Enterprises,	  	Closed	  	Insured drove over XXX onto lawn. Damage to lawn and poss	  	$	270	  	$	0	  	$	270
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	472000X921	  	20020X15	  	Valley Crest,	  	Closed	  	unknown	  	$	272	  	$	0	  	$	272
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4X40090057	  	20030X18	  	XXX, Ken	  	Closed	  	Insured turned corner too short hit parked unit with XXX	  	$	273	  	$	0	  	$	273
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072XXX	  	20030412	  	Zipp XXX,	  	Closed	  	IV hit dock door not open all way/sun in the driver’s eyes	  	$	275	  	$	0	  	$	275
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470007143X	  	200X021X	  	XXX Yang,	  	Closed	  	driver tried truning around and got stuck in clmt’s lawn	  	$	300	  	$	0	  	$	300
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	47100775X9	  	20021117	  	Enterprise Rent a Car	  	Closed	  	IV driver in parking lot hit parked car which was a rental	  	$	305	  	$	0	  	$	305
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4X400X224X	  	20030827	  	McDonalds,	  	Closed	  	Insured turning around from gas station in connecting _____	  	$	337	  	$	0	  	$	337
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX009X101	  	20030213	  	Freeman, XXX	  	Closed	  	Iv lost control, backed up into oc’s fence.	  	$	355	  	$	0	  	$	355
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4XX009X2XX	  	20030225	  	Varga, Robert	  	Closed	  	Insured came over steep grad into stopped traffic- could n	  	$	355	  	$	0	  	$	355
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470006X832	  	20021111	  	Mesary, Car_1	  	Closed	  	Ins. turned around in parking lot - as he was pulling out in	  	$	35X	  	$	0	  	$	35X
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	47000714XX	  	20030219	  	Sherill Fox,	  	Closed	  	Driver tried turning around and got stuck in client’s lawn	  	$	3X9	  	$	0	  	$	3X9
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	471007674X	  	20021113	  	Pro Transportation X, Jack Morris	  	Closed	  	IV backong in parking space - rubbed OV’s side mirror & kno	  	$	393	  	$	0	  	$	393
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073207	  	20030505	  	XXX, James E	  	Closed	  	Insured was lost and driving down a dead end road. Insured	  	$	431	  	$	0	  	$	431
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4710079152	  	20030209	  	Hitz, Stanley	  	Closed	  	OV pulled out in front of IV. IV had police escort.	  	$	435	  	$	0	  	$	435











																								
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4840082966	  	20021118	  	Sargent, Steven	  	Closed	  	 Claimant states that IV backed into him - exiting the shipp
	  	$	437	  	$	0	  	$	437
	 Partner II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4680101475	  	20030814	  	Virginia Dept of Transportation	  	Closed	  	 Insured driver changed lanes - did not see limit Pushed him
	  	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072470	  	20030405	  	Thomas Dulyn.	  	Closed	  	 Details sketchy for copy of report with accident descripllo
	  	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700075714	  	20030808	  	Thompson-Rehm, Sarah	  	Closed	  	 Insured was backing into empty lot - didn’t see XXX
	  	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700076198	  	20030822	  	Isis Porter,	  	Closed	  	 insured rearended XXX No damage to XXX auto - but Insur
	  	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700078198	  	20030822	  	Mies Porter.	  	Closed	  	 Insured rearended dmt. No damage to dmls auto - but Insur
	  	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720015371	  	20030708	  	Better Price Warehouse	  	Closed	  	 O/O Belt Farm Inc. backed Into gale at shipper
	  	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720012334	  	20030220	  	Landstar.	  	Closed	  	 Insured hit dmt while backing in parking space.
	  	$	522	  	$	0	  	$	522
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4700070536	  	20030117	  	USA Truck.	  	Closed	  	 Clmt alleges IV backed Into OV twice and left scene
	  	$	585	  	$	0	  	$	565
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4880098745	  	20030306	  	Dana Corp.	  	Closed	  	 Clmt claims Insured trailer hit one of their parked trailer
	  	$	571	  	$	0	  	$	571
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680099869	  	200309824	  	Tvro Doors Buiscut World	  	Closed	  	 Insured driver pulled into faculty to ask to directions.
	  	$	633	  	$	0	  	$	633
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660099873	  	20030617	  	Gilbert Jason	  	Closed	  	 IV rear ended OV
	  	$	860	  	$	0	  	$	860
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4620094832	  	20021012	  	Facemine, Jerry	  	Closed	  	 IV scraped OVsR front fender while making R tum
	  	$	716	  	$	0	  	$	716
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660108304	  	20030804	  	Gahms Truck Paris,	  	Closed	  	 Claimant is alleging that IV driver hit gate at an auto park
	  	$	775	  	$	0	  	$	775
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660091976	  	20021018	  	Vldak, Bruce	  	Closed	  	 OV was stopped in traffic and IV rearended OV
	  	$	794	  	$	0	  	$	794
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700068426	  	20021002	  	City of Waukasha.	  	Closed	  	 Insured making a right turn - ran over stop sign.
	  	$	847	  	$	0	  	$	947
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640090370	  	20030630	  	North Maple Inn,	  	Closed	  	 Insured driver took out XXX at Consignee - approx. 7 fe
	  	$	885	  	$	0	  	$	995
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640082819	  	20021017	  	Oakhurst Dairy.	  	Closed	  	 Insured trailer grabbed clmts bumper while Insured was exit
	  	$	890	  	$	0	  	$	890
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	466O095883	  	20030523	  	American Tower. Attn: skip	  	Closed	  	 Insured drove onto lawn and got stuck -wrecker removed tru
	  	$	800	  	$	0	  	$	900
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700070305	  	20021025	  	Toyota Rein Dollar.	  	Closed	  	 Driver took out tree with trailer whinle leaving parking lot
	  	$	800	  	$	0	  	$	900
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660093334	  	20021125	  	Mitchell. Jeff	  	Closed	  	 Insured driving between loading dock and parked cars - when
	  	$	831	  	$	0	  	$	931
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4700073471	  	20030514	  	Olive XXX trucking.	  	Closed	  	 Claimant claims that Insured ran him odd the road into a d
	  	$	934	  	$	0	  	$	934
	 Panther II Transportation, lnc
	  	2002	  	AUTOMOBILE	  	4640089488	  	20030517	  	Hernandez, Elizabeth	  	Closed	  	 Clm rearended IV in heavy traffic on l-95. No damage to
	  	$	863	  	$	0	  	$	963
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4710012049	  	20030530	  	Progress Energy GE Northa	  	Closed	  	 Insured was leaking diesel fuel on shippers property. 8 ft
	  	$	989	  	$	0	  	$	969
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660094950	  	20030109	  	Mul, Lisa	  	Closed	  	 Insured rolled into the rear of clmt at stop sign.
	  	$	982	  	$	0	  	$	982
	 Panther II Transportation, Inc
	  	2000	  	AUTOMOBILE	  	4240031754	  	20030312	  	SPS Technologies,	  	Closed	  	 IV backed Into dock doors
	  	$	986	  	$	0	  	$	896
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680097544	  	20030411	  	Atlas Transportation, Molsay Shulman	  	Closed	  	 OV was struck by IV-unknown cause.
	  	$	1,131	  	$	0	  	$	1,131
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4860098242	  	20030502	  	Donovan, Harry	  	Closed	  	 IV was turning and aideswiped OV
	  	$	1.143	  	$	0	  	$	1,143
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660094107	  	20021218	  	Hafzidakis.Miko	  	Closed	  	 IV backed Into OV.
	  	$	1.170	  	$	0	  	$	1,170
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071282	  	20030215	  	Brumett, Steven	  	Closed	  	 IV slid on lce into parked OV
	  	$	1.219	  	$	0	  	$	1,219
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072309	  	20030331	  	Vaccaro.Mel	  	Closed	  	 OV was lead car going up ramp in construction area, Spotte
	  	$	1.228	  	$	0	  	$	1,226
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4540090404	  	20030701	  	Dietech (ConsignXX).	  	Closed	  	 IV backed into consignees OV
	  	$	1.293	  	$	0	  	$	1,293
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4860O99275	  	20030803	  	CohnXX.Ethel	  	Closed	  	 IV was turning into Flying J Clmt cut him off pulling in an
	  	$	1,320	  	$	0	  	$	1,320
	 Panlher II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4860099518	  	20030613	  	Hutchison, Richard	  	Closed	  	 Insured was backing, up on street to let a semi make a come
	  	$	1.328	  	$	0	  	$	1,326
	 panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4700073056	  	20030430	  	Slavers, Thomas	  	Closed	  	 Insured backed up and pulled and caught front end of the ca
	  	$	1.339	  	$	0	  	$	1,339
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660100579	  	20030716	  	XXX,Wolts	  	Closed	  	 Insured took his eyes off the roadway - clmt stopped in fron
	  	$	1.385	  	$	0	  	$	1,385
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640089771	  	20030809	  	Long, Mike	  	Closed	  	 Insured was waiting at a light and rolled bck and went on
	  	$	1,388	  	$	0	  	$	3,398
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4240031720	  	20021207	  	Wyatt, Jeni	  	Closed	  	 IV and OV both backed into one another in parking lot
	  	$	1,414	  	$	0	  	$	1,414
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072740	  	20030416	  	Hayes. Christopher	  	Closed	  	 IV struck low bridge-debris from IV struck OV windshield
	  	$	1,315	  	$	0	  	$	1,415
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4860096536	  	20030227	  	Trail, Thomas D	  	Closed	  	 Insured pulled into post office driveway Ins went to back u
	  	$	1,426	  	$	0	  	$	1,425
	 Panlher II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720015995	  	20030805	  	Torgamon, shannon E	  	Closed	  	 OV scraped IV while parking
	  	$	1.437	  	$	0	  	$	1,437
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4700067834	  	20021009	  	XXX 2000 LTD,	  	Closed	  	 Insured was pulling out of dock - hit claimant - causing tr
	  	$	1.472	  	$	0	  	$	1,472
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4860094410	  	20021216	  	Steffan Bookbinders, Inc	  	Closed	  	 Caught box doors on loading door and tore doors off at hing
	  	$	1.583	  	$	0	  	$	1,563
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4660099723	  	20030610	  	Progress Energy,	  	Closed	  	 Insured driver cut corner too sharp - broke power pole in h
	  	$	1,589	  	$	0	  	$	1,569
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4700071049	  	20030204	  	Alcoa,	  	Closed	  	 Insured driver backed into door at dock.
	  	$	1.577	  	$	0	  	$	1,577
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074370	  	20030620	  	Boaman, Karen	  	Closed	  	 Insured pulled out in front of claimant from gas station -
	  	$	1,802	  	$	0	  	$	1,602
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	464087588	  	20030327	  	Martin, Sheryl	  	Closed	  	 IV backed Into OV
	  	$	1.629	  	$	0	  	$	1,626
	 Panlher II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4840089730	  	20030809	  	Kanagarajah. Regulan	  	Closed	  	 Insured saw claimant backing up and decided to back up to g
	  	$	1,940	  	$	0	  	$	1,540
	 panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4700088847	  	20021105	  	Koiskoski, Greg	  	Closed	  	 Insured backed into OV while leaving dock area.
	  	$	1,640	  	$	0	  	$	1,540
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640088597	  	20030216	  	Catelfussio, Guseppa	  	Closed	  	 Insured driver was stuck In snow - tried to back up to gain
	  	$	1.642	  	$	0	  	$	1,542
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660099285	  	20030604	  	Clouties, Josh	  	Closed	  	 IV changed lanes not see claimant (OV) &, forced them In
	  	$	1,656	  	$	0	  	$	1,858
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680093849	  	20021212	  	Bodycote.	  	Closed	  	 IV stuck on ice couldn’t go f/ward-bck’d up & hit cust door
	  	$	1.710	  	$	0	  	$	1,710
	 Panther II Transportallon, Inc
	  	2002	  	AUTOMOBILE	  	4700074214	  	20030613	  	Midwest Special Services	  	Opened	  	 Unit #1 hit door, #2a stopped- #3, IV hit 2 and Into #1.
	  	$	0	  	$	1.842	  	$	1,842
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720013037	  	20030226	  	Bagnole, Daniel	  	Closed	  	 Unknown
	  	$	1,997	  	$	0	  	$	1,867
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBLE	  	4700068400	  	20021028	  	Hartman,Arnold A	  	Closed	  	 IV was pulling out of truck stop - clmt opened his pick up
	  	$	1,895	  	$	0	  	$	1,895
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073979	  	20030603	  	Kay, Lesile & Joanna	  	Closed	  	 Insured and claimant were both going hot center lane on 3
	  	$	1,916	  	$	0	  	$	1,916
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660100579	  	20030716	  	Damlco. Marcus P	  	Closed	  	 Insured took his eyes off the roadway - clmt stopped in fron
	  	$	1.917	  	$	0	  	$	1,917
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	470O069019	  	20021106	  	Diez, Nicanor	  	Closed	  	 IV rearended OV
	  	$	1.945	  	$	0	  	$	1,945
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700076198	  	20030622	  	Nelstera Portar.	  	Closed	  	 Insured rearended clmt. No damage to clmts auto - but Insur
	  	$	2,000	  	$	0	  	$	2,000
	 Panther II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4540089308	  	20030522	  	Hollman. Allen	  	Closed	  	 IV rolled back into dlaimants (OV) vehicle In parking lot
	  	$	2,038	  	$	0	  	$	2,038
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4710077700	  	20021216	  	Norfolk & southern R.R	  	Closed	  	 Insured knocked over RR crossing sign caught sign with tral
	  	$	2,060	  	$	0	  	$	2,060
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073996	  	20030224	  	Swift.	  	Closed	  	 Insured struck by a Swift truck in the rear of the vehicle
	  	$	2,111	  	$	0	  	$	2,111
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073285	  	20030507	  	Laney. Linda	  	Closed	  	 Insured stopped for traffic light - was too far into Inters
	  	$	2,254	  	$	0	  	$	2,254
	 Panlher II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700066988	  	20020911	  	XXX, Fernando	  	Closed	  	 IV struck parked OV
	  	$	2,504	  	$	0	  	$	2,504
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4880100815	  	20030522	  	XXX	  	Closed	  	 Insured turning around In service station - knocked over po
	  	$	2,548	  	$	0	  	$	2,548
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720012837	  	20030313	  	Bergeron, Ted	  	Closed	  	 IV driver hit a XXX while turning
	  	$	2,5877	  	$	0	  	$	2,587
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660097712	  	20030414	  	Denner.John	  	Closed	  	 Insured in stop and go traffic - when he rearended claiman
	  	$	2,630	  	$	0	  	$	2,830
	 Panlher II Transportation. Inc
	  	2002	  	AUTOMOBILE	  	4880099285	  	20030605	  	City of Parkersburg.	  	Closed	  	 Insured cut corner too sharp and knocked over telephone pol
	  	$	2,639	  	$	0	  	$	2,839











																								
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	46800051xx	  	20030123	 	Evans, Bob	 	 Closed
	 	Insured backed into door at shipper.	  	$	2,860	  	$	0	  	$	2,680
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680101877	  	20030827	 	Dawson, Richard	 	 Closed
	 	3rd unit pulled out in front of Insured - forcing Insured 1	  	$	2,801	  	$	0	  	$	2,801
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073374	  	20030510	 	Beavers, Dana	 	 Closed
	 	After insured passed a disabled vehicle on the R hand side	  	$	2,758	  	$	0	  	$	2,856
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640092322	  	20030831	 	TA Truck Stop,	 	 Closed
	 	IV driver forgot to set his brake and truck rolled into tru	  	$	2,943	  	$	0	  	$	2,943
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4710082917	  	20030709	 	Pitts, Henry	 	 Closed
	 	C/O Bobby Toombs-insured rear ended cimt	  	$	2,885	  	$	0	  	$	2,973
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720011788	  	20030127	 	Still, Biffy	 	 Closed
	 	IV rearended the OV on RL 167 while OV stopped at traffic	  	$	3,039	  	$	0	  	$	3,039
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700068000	  	20021013	 	Dreher, Julie	 	 Closed
	 	IV & OV merged into same lane and collided	  	$	3,147	  	$	0	  	$	3,147
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680101475	  	20030814	 	Challinor, Katie F	 	 Closed
	 	Insured driver changed lanes-did not see cimt. Pushed him	  	$	3,104	  	$	0	  	$	3,234
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700068000	  	20021013	 	Dreher, Cheryl	 	 Closed
	 	IV & OV merged into same lane and collided	  	$	3,287	  	$	0	  	$	3,287
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640086723	  	20030304	 	NEVES, LECEL	 	 Closed
	 	Our driver was backing in and hit Driver#2 open says mino	  	$	3,340	  	$	0	  	$	3,340
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4710076455	  	20021104	 	Alena Vinson,	 	 Closed
	 	Insured rear ended Cimt	  	$	3,352	  	$	0	  	$	3,352
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700075193	  	20030724	 	Z.F. Balavia,	 	 Closed
	 	IV turning around in driveway, IV backed Into light pole	  	$	3,500	  	$	0	  	$	3,500
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640091071	  	20030723	 	Owens Coming,	 	 Closed
	 	Insured had to move Triple crown Trailer	  	$	 3,528	  	$	0	  	$	3,529
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4840089821	  	20030811	 	Finance, Miniser of	 	 Closed
	 	Insured WB on 401 in Windsor ON- Insured cut of by unknow	  	$	3,589	  	$	0	  	$	3,589
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640089471	  	20030317	 	NY State Thruway Ath,ority	 	 Closed
	 	Insured backing out of easy pass lane at a toll booth. Burn	  	$	3,823	  	$	0	  	$	3,623
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720014952	  	20030615	 	Montlet, Monica	 	 Closed
	 	Insured stopped in middle of roadway - and was struck by cl	  	$	3,748	  	$	0	  	$	3,748
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660094455	  	20021209	 	Matthew Nemance,	 	 Closed
	 	Cimt alleges that insured sideswiped him on exit ramp. Ins	  	$	3,788	  	$	0	  	$	3,786
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074214	  	20030613	 	Peterson, Amanda	 	 Opened
	 	Unit #1 hit deer, #2 stopped - #3, IV hit 2 and into #1.	  	$	0	  	$	3,898	  	$	3,898
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680090904	  	20020918	 	Dix, David	 	 Closed
	 	Detour due to construction -narrow lanes IV hit OV.	  	$	4,050	  	$	0	  	$	4,050
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4840089807	  	20030603	 	BASF,	 	 Closed
	 	IV was turning around -hit claimant and took out set of step	  	$	4,055	  	$	0	  	$	4,055
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073652	  	20030519	 	Bianchard, Jennifer D	 	 Closed
	 	IV In R fane and made L turn striking OV.	  	$	4,250	  	$	0	  	$	4,259
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700087267	  	20020919	 	Rambling Rose Inc.	 	 Closed
	 	IV sideswiped OV	  	$	4,282	  	$	0	  	$	4,282
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660101700	  	20030612	 	Prima Marketing LLc,	 	 Closed
	 	Insured pulled into gas station to change his headlight - h	  	$	4,379	  	$	0	  	$	4,379
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4640086041	  	20021010	 	Dutta, Shivani	 	 Closed
	 	IV changing lanes, struck ov	  	$	4,457	  	$	0	  	$	4,457
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4840086780	  	20021129	 	Owens, Richard E	 	 Closed
	 	Cimt was parked in no parking zone - ins hit parked vehicle	  	$	4,474	  	$	0	  	$	4,474
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700078198	  	20030822	 	Amy Porter,	 	 Closed
	 	Insured rearanded cimt. No damage to cimts auto - but insur	  	$	4,500	  	$	0	  	$	4,544
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074140	  	20030611	 	Field Pucking Co.,	 	 Closed
	 	IV struck parked OV while backing up	  	$	4,926	  	$	0	  	$	4,925
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072x09	  	20030331	 	Carrasco, Daniel	 	 Closed
	 	OVwas lead car going up ramp in the construction area. Spotle	  	$	5,392	  	$	0	  	$	5,382
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700088004	  	20021015	 	Sills, Amy	 	 Closed
	 	OV was on Hwy 30 and IV got over and hit OV	  	$	5,476	  	$	0	  	$	5,476
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074158	  	20030613	 	Penska Lessing,	 	 Closed
	 	Insured and claimant were parked parallel insured was back!	  	$	5,906	  	$	0	  	$	5,906
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700070553	  	20030118	 	Anderson, Andrew	 	 Closed
	 	Insured travelling in center lane of 1-44. Vehicle in R is	  	$	5,955	  	$	0	  	$	5,955
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720021543	  	20030303	 	City of Rayville.	 	 Closed
	 	Insd driver hit patch of ice-lost congtrol-jacknified.	  	$	6,165	  	$	0	  	$	6,165
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700071519	  	20030225	 	Hawkins, Kelly	 	 Closed
	 	Ins lost control/went into ditch/hit OV already in ditch	  	$	6,820	  	$	0	  	$	6820
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	488009724x	  	20030320	 	Holland, USF	 	 Closed
	 	Insured caught claimants mirror - bumper- and hood- with	  	$	7,405	  	$	0	  	$	7,405
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4840091627	  	20030804	 	World Sleep Products, Hugh Oxnard	 	 Closed
	 	IV backed into parker unit (OV).	  	$	7,435	  	$	0	  	$	7,435
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073823	  	20030529	 	Home Bldg. Cartler, Clinton	 	 Closed
	 	Insured turning L - hit client in front pass side. Third auto	  	$	8,022	  	$	0	  	$	8,022
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBLE	  	4700074214	  	20030613	 	Hoeger, Cathy	 	 Opened
	 	Unit #1 hit deer #2 stopped -#3, IV hit 2 and into #1	  	$	0	  	$	8,333	  	$	8,333
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072133	  	20030317	 	Schuchardt, Peter	 	 Closed
	 	insured rear ended client on exit ramp	  	$	9,334	  	$	0	  	$	9,334
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660091716	  	20021011	 	Fox, Patrenia	 	 Opened
	 	Client pulled out in front or insured - Insured clipped cimt	  	$	9,699	  	$	123	  	$	9,702
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074498	  	20030628	 	Markiewicz, Kathy	 	 Closed
	 	Claimant claims insured scraped the side of his car with tr	  	$	9,866	  	$	0	  	$	9,986
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700078198	  	20030822	 	Lee Porter,	 	 Closed
	 	Insured rearended cimt. No damage to cimts auto - but insur	  	$	9,937	  	$	0	  	$	9,937
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700072701	  	20030219	 	Stroke, Nicolae	 	 Closed
	 	IV turning left out of fuel Island - OV pulled out of adlac	  	$	10,355	  	$	0	  	$	10,355
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4880091718	  	20021011	 	Wilmington Nissan,	 	 Opened
	 	Cimt pulled out in front of insured - Insured clipped Cimt	  	$	11,897	  	$	0	  	$	11,897
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074214	  	20030613	 	Hoeger, Mike	 	 Opened
	 	Unit #1 hit deer, #2 stopped - #3 IV hit 2 and into #1.	  	$	12,635	  	$	0	  	$	12,835
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	48800962x8	  	20030225	 	Cluckey, Doreen	 	 Closed
	 	Insured came over steep grad into stopped traffic - could n	  	$	13,432	  	$	0	  	$	13,432
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4710076455	  	20021104	 	Raymond Vinson,	 	 Closed
	 	Insured rear ended Cimt	  	$	21,105	  	$	0	  	$	19,596
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660101475	  	20030814	 	Henry, Lorraine	 	 Closed
	 	Insured driver changed lanes- did not see client Pushed him	  	$	21,318	  	$	0	  	$	20,416
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680100726	  	20030711	 	Saunders, Valerie	 	 Closed
	 	Insd attempting to pull out of pkng lot and make left across	  	$	23,050	  	$	0	  	$	23,050
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4530068114	  	20030725	 	Kazimour, Micheal L	 	 Closed
	 	Insured has been named in Lawsuit - please see attached, in	  	$	25,815	  	$	0	  	$	25,815
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700073623	  	20030529	 	Engel, Ralfegh	 	 Closed
	 	Insured turning L-hit cimt in front pass side. Third auto	  	$	28,173	  	$	0	  	$	2x,173
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4700074214	  	20030813	 	Staffing, Carol	 	 Opened
	 	Unit#1 hit dear, #2 stopped-#3, IV hit 2 and into #1.	  	$	8,981	  	$	33,173	  	$	42,155
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4660100726	  	20030711	 	Ruble. Barbara	 	 Closed
	 	Insd attempting to pull out of parking lot and make left across	  	$	42,847	  	$	0	  	$	42,867
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4680091718	  	20021011	 	Travis, Delorese M	 	 Opened
	 	Client pulled out in front of insured- insured clipped Cimt	  	$	1,833	  	$	97,929	  	$	99,762
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4720011788	  	20030127	 	Reedy, Joseph	 	 Closed
	 	IV rearended the OV on RL.167 N while OV Stopped at traffic	  	$	223,300	  	$	0	  	$	222,363
	 Panther II Transportation, Inc
	  	2002	  	AUTOMOBILE	  	4860094130	  	20021218	 	Atkinson, Arthur R	 	 Opened
	 	Intersection of US 178-5C72- 5C122, Ins approaching inters	  	$	447,861	  	$	5,878	  	$	453,884
		  	2002 Total	  		  		  		 		 		 		  	$	1,178,182	  	$	160,974	  	$	1,326,432
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	1620086743	  	20040706	 	Panther II Transportation	 	 Closed
	 	While backing into dock though fuel Isle Insured trailer hit	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	1700083098	  	20040730	 	Panther II Transportation	 	 Closed
	 	Insured driver struck overhead canopy.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4120001878	  	20040706	 	Roadside Spill,	 	 Closed
	 	For Report Onlyi Client went to pass another vehicle and hit	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4120001880	  	20040715	 	Hendrbt, William	 	 Closed
	 	#5 tired to merge in front of insured who swerved to avoid it	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4120001880	  	20040715	 	Lambert, George S	 	 Closed
	 	#5 tired to merge in front of insured who swerved to avoid it	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4120001880	  	20040715	 	Remediation,	 	 Closed
	 	#5 tired to merge in front of insured who swerved to avoid it	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4240031945	  	20040209	 	Marin, Pablo	 	 Closed
	 	Client crosses lane of traffic-Insured struck Cimt and fled s	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4240031945	  	20040209	 	Watties, Tracy L	 	 Closed
	 	Client crosses lane of traffic-Insured struck Cimt and fled s	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4510014528	  	20040323	 	Deric, Zdravko	 	 Opened
	 	Insured vehicle rolled over end passenger was Injured	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4620106429	  	20031209	 	Winterhalter, Nicholas J	 	 Closed
	 	IV (Justin Boyle) he was in the #1 Lane on US 101 S bound.	  	$	0	  	$	0	  	$	0











																								
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4620109080	  	20040406	  	Lisa Transport,	  	Closed	  	Insured driver scraped clmts mirror while parking, Not XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4620111167	  	20040708	  	Nissan Technical Center	  	Closed	  	While backing into dock though fuel Isle Insured trailer XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4640098422	  	20040112	  	Royal Mounted Police, Allen Robertson	  	Closed	  	Claimant-Royal Mounted Police/Allen Roberts-IV turning	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4640098585	  	20040319	  	City of Westfield,	  	Closed	  	Insured driver struck a light pole with XXX while XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4640099368	  	20040419	  	Rowsell, Kristopher	  	Closed	  	IV rear ended clmt on the QEW. Clmt is now alleging injury	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4640102916	  	20040816	  	Falmeron, Julio	  	Closed	  	Insd was turning when clml ran into the rear of insd trailer	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660102559	  	20030922	  	Virginia Power,	  	Closed	  	IV hit telephone pole	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660102943	  	20031002	  	Pilot Travel Center,	  	Closed	  	Insured driver at scale - pulled out and struck fuel pump w	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660103331	  	20030901	  	Paschall Truck Lines,	  	Closed	  	Ins driver denies this incident ever happend Clmt cannot t	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660103437	  	20031020	  	Willams, Teresa A	  	Closed	  	IV pulled into parkign lot to turn around while backing up	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660103907	  	20031029	  	PECO,	  	Closed	  	IV struck a telephone pole.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660104173	  	20031107	  	Bably, Charles	  	Closed	  	Clmt tried to cut in stopped traffic hitten our truck, Ins,	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660104218	  	20031117	  	J&R Wheel, Randy	  	Closed	  	IV hit dockwhile backing. No damage to trailer only to do	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660104492	  	20031125	  	Beckler Transportation	  	Closed	  	IV backed into a parked OV taller siting at dock	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660104803	  	20031205	  	Excel Logistics, Attn: Adam	  	Closed	  	Insured pulling out of dock-XXX door off trailer. Ran do	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660105229	  	20031219	  	Eagle Global Logistics	  	Closed	  	XXX backing into dock-backed into rear doors of XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106307	  	20040203	  	ION Beam Application,	  	Closed	  	Shipper is claiming insured XXX gate and bent it. Driver is	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106366	  	20040205	  	Gipe, Troy W	  	Closed	  	Insured was in stop and go traffic. Insured had to stop and	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106366	  	20040206	  	Unknown,	  	Closed	  	Insured was in stop and go traffic. Insured had to stop and	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106371	  	20040206	  	RosaXXX Automotive,	  	Closed	  	Insured driver is accused of hitting another truck whiles XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106380	  	20040226	  	Terrell, KC	  	Closed	  	Insured turning around at shipper. Insured backed into overXXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660107235	  	20040312	  	USF Holland,	  	Closed	  	Insured travelling south on 1-79-being passed by claiment,	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660108176	  	20040415	  	Abney, KXXX	  	Closed	  	Chain reaction accident. 3rd auto stopped to avoid 4th unit	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660108783	  	20040316	  	Transit All Service,	  	Closed	  	Ins slid on ice-lost control started to XXX tried t	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660108784	  	20040506	  	Unknown,	  	Closed	  	Ins. made right turn from Rhoades to service. Traller XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660109344	  	20040526	  	Venish, Fredrick	  	Closed	  	Insured Won Spencer - claimant parked E on Spencer, insured	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660109482	  	20040509	  	Gibson, StXXX	  	Closed	  	Insured stopped at 4 way stop. Clmt hit insured in rear pass	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660109722	  	20040203	  	Ponton, Kristen (Robert)	  	Closed	  	3 car chain reaction- Insd apparently slowing due to servers	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660109722	  	20040203	  	Transportation Inc., Panther II	  	Closed	  	3 car chain reaction- Insd apparently slowing due to servers	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660109722	  	20040203	  	Unknown, OV2	  	Closed	  	3 car chain reaction- Insd apparently slowing due to servers	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660111115	  	20040730	  	Guest, Nancy	  	Closed	  	Something came off insured-s trailer-hitting clmt	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660111614	  	20040815	  	All American EnvironmentX	  	Closed	  	Clmt alleges that insured hit his parked dump truck when ins	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700076748	  	20030924	  	Dood, Mary Ja	  	Closed	  	IV hit clmt miror while clmt was parked, XXX clmt’s mirr	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700076925	  	20031002	  	Berger Jenifor,	  	Closed	  	Insured pulled out in front of clmt. Clmt hit insured.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700076980	  	20031003	  	Unknown,	  	Closed	  	Insured turning right on red into truckstop. Clmt turning	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700077391	  	20031017	  	GXrant, Kim M	  	Closed	  	Claimant pulled out in front of insured. Insured hit claims	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700077391	  	20031017	  	KuXXX, Sara A	  	Closed	  	Claimant pulled out in front of insured. Insured hit claims	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700078740	  	20031217	  	Johnson, Glen	  	Closed	  	IV traveling 8 on 1-75 lost control hit concrete wall. Cis	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700078740	  	20031217	  	Unknown, un	  	Closed	  	IV traveling 8 on 1-75 lost control hit concrete wall. Cis	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700078784	  	20031217	  	PAM Motor Freight,	  	Closed	  	IV backed into OV while it was at the dock.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700078820	  	20031218	  	Fabian, JXus	  	Closed	  	Insured struck a park unit XXX fuel island. Clmt XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700079455	  	20040121	  	Seal Fab Corp,	  	Closed	  	Insured backing into dock - backed into ladder inside dock p	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700080135	  	20040219	  	National Freight Carriers	  	Closed	  	IV pulled out of spot and struck OV with rear of traller - o	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700080391	  	20040302	  	White, Doug	  	Closed	  	Clmt alleges insured hit his truck. Insured denies.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700081387	  	20040414	  	Fields, George	  	Closed	  	Driver came off exit ramp - tried to stop - could not -went	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700081587	  	20040427	  	Petal, Rosita D	  	Closed	  	Insured turning into truck stop - Clmt also turning - Insure	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700082844	  	20040524	  	AT&T,	  	Closed	  	Driver struck a train trestle with steeper-and got stuck und	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700082644	  	20040524	  	Norfolk,	  	Closed	  	Driver struck a train trestle with steeper-and got stuck und	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700082938	  	20040626	  	Walmart,	  	Closed	  	Ins driver struck low clearance market in Wal-Mart parking XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700083049	  	20040228	  	Cotton, David	  	Closed	  	IV XXX OV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700083368	  	20040715	  	United Transportion,	  	Closed	  	Insured backed Into parked clalmant.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700083454	  	20040719	  	Conner, Royce	  	Closed	  	Insured struck electric pole and phone line.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700083846	  	20040727	  	Brindist, Rose	  	Closed	  	OV lane ends-and she tried to push her way in and struck XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700083034	  	20040804	  	Castido, Mika	  	Closed	  	#1 (IV) merging from ramp onto US20-#1 had green light.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700085077	  	20040726	  	Hollar, Cory N	  	Closed	  	IV polled off to the wrong side of the road - OV went to go	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710084448	  	20030905	  	Warren, Damon	  	Closed	  	Claimant hit insured from behind. Claimant called insured	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710084825	  	20030912	  	Power Company,	  	Closed	  	Insured turning around - ICC Dumper on trailer caught guide	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710085269	  	20031008	  	Ketchum, Ed	  	Closed	  	IV on 1-40 In 3rd lane. OV in 1st lane. IV and OV both XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710088473	  	20031128	  	WoXXX, Cindy	  	Closed	  	Clmt is alleging that insured “kicked up” stone that cracke	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710088970	  	20031201	  	Gamer, Janet	  	Closed	  	OV made XXX L hand turn in front of IV - IV struck OV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710087116	  	20031222	  	Cason, Jennifer	  	Closed	  	IV was leaving fuel island - put into reverse instead of dr	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710089411	  	20040117	  	Unknown,	  	Closed	  	Insured driver felt asleep and ran into the rear of the XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710090145	  	20040430	  	Krasner, Construction,	  	Closed	  	Axel came off trailer - tire flew off and hit buiding..	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710091954	  	20040719	  	Unknown,	  	Closed	  	OV passed IV and then slammed on the brakes causing IV to re	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710092430	  	20040809	  	Richards, Rex	  	Closed	  	insured was backing into tight spot - insured bumped clmts a	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710092481	  	20040810	  	Turner, Thomas C	  	Closed	  	Insured travelling in far L lane. Clmt is far R. Both attempt	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720019269	  	20040124	  	City of XXX Texas,	  	Closed	  	While ins. was turning - bumped into clmts car. Clmts car wa	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720019379	  	20040130	  	Goodwin, Stella	  	Closed	  	IV driver lost -attempting turn around - hooked on cable	  	$	0	  	$	0	  	$	0











																								
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720020034	  	2004022X	  	Brash, Michael	  	Closed	  	XXX alleges insured ran him off the road- XXX had no othe	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720020450	  	2004032X	  	Edison, XXX and Rick	  	Closed	  	Drive shall fell out of insured unit. Two vehicles hit XXX	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720020450	  	2004032X	  	unknown,	  	Closed	  	Drive shall fell out of insured unit. Two vehicles hit	  	$	0	  	$	0	  	$	0
	Panther II Transportation, lnc	  	2003	  	AUTOMOBILE	  	47200215X5	  	20040527	  	Unknown,	  	Closed	  	Rep from gas station stated that our driver pulled down powe	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47200221X1	  	20040X2X	  	Reed, Angela	  	Closed	  	IV turning R OV passing IV on Left struck IV L front corner	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720022194	  	2004062X	  	XXX, Lee	  	Closed	  	IVhit parked OV	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720022735	  	20040X02	  	XXX, XXX	  	Closed	  	Ins travelling down highway - when tool box came off truck, a	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	472002308X	  	20040817	  	Gateway Printing,	  	Closed	  	Insured driver was boing guided into dock & struck a XXX po	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X00010107	  	20040715	  	Workman, Hayward	  	Closed	  	Insd driver on hwy, an unk. veh pulled out into insd driver	  	$	0	  	$	0	  	$	0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X4010114X	  	20040X14	  	Bradley, Johnathan XXX	  	Closed	  	Ins. changing lanes and apparently struck clmt. Police	  	$	5	  	$	0	  	$	5
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47100XX193	  	20031102	  	Unknown,	  	Closed	  	Ins. did not know that he damaged XXX motorcycle until a	  	$	5	  	$	0	  	$	5
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X20109XX0	  	20040510	  	Unknown,	  	Closed	  	Insured unit hit XXX while backing out of lot.	  	$	5	  	$	0	  	$	5
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4700077XX5	  	20031113	  	XXX, Gary	  	Closed	  	IV struck OVwhlie making left tum	  	$	6	  	$	0	  	$	6
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007XXXX	  	20031215	  	Hackman, XXX	  	Closed	  	XXX lost control - hit our Insured. Major damage to XXX	  	$	7	  	$	0	  	$	7
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX0111014	  	20040730	  	General Motors,	  	Closed	  	IV struck post in driveway while XXX XXX area XXX tig	  	$	8	  	$	0	  	$	8
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4700064057	  	20040X14	  	Botkins, Ronald	  	Closed	  	Claimant broke down in middle of country road, Insured did	  	$	9	  	$	0	  	$	9
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	46XXXX7144	  	20040202	  	DreanXXXstrick, Jon	  	Closed	  	Insured on Easton Ave, - while traveling S.- Insured XXX	  	$	9	  	$	0	  	$	9
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X0707	  	20040316	  	Tina Marie Pries,	  	Closed	  	 IV stopped for sign - looked both ways -
 than proceeded
XXX
	  	$	9	  	$	0	  	$	9
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X3372	  	20040715	  	ComEd,	  	Closed	  	Driver struck a low hanging power line.	  	$	10	  	$	0	  	$	10
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720019404	  	20040202	  	BFXXX,	  	Closed	  	XXX pulled from side XXX and broadsided insured - XXX	  	$	12	  	$	0	  	$	12
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47100X103X	  	2004XX03	  	Quiet, Francis	  	Closed	  	Insured travelling north - claimant opened drivers door- ins	  	$	14	  	$	0	  	$	14
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720020372	  	20040323	  	Walts, Wendy	  	Closed	  	Ins turning R from lot. OV pulled up to turn R. IV making	  	$	23	  	$	0	  	$	23
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X400X3558	  	20031008	  	Unknown,	  	Closed	  	Insured turning right at Intersection -hit light pole on co	  	$	30	  	$	0	  	$	30
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47100XX004	  	20040317	  	Hurtburt Field XXX B	  	Closed	  	Insured scraped side of consignee-s building _tuck - also	  	$	60	  	$	0	  	$	60
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47100X24X2	  	20040X11	  	Triple Crown Service,.	  	Closed	  	Insured was backing into tight spot at consignee. Insured d	  	$	81	  	$	0	  	$	61
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007XX11	  	20031211	  	Ingersoll, Attn: Gary Downing	  	Closed	  	Insured backing into dock - door swung open and caught side	  	$	85	  	$	0	  	$	X5
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720022735	  	20040802	  	Bales, Jr., Charles	  	Closed	  	Ins traveling down highway - when tool box came off truck, s	  	$	98	  	$	0	  	$	98
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XXXXXXXXX	  	2004011X	  	Hetrick, Ed	  	Closed	  	XXX called Ins. to report XXX Panther XXX had run over it	  	$	101	  	$	0	  	$	101
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X4050	  	20040721	  	Wow Logistics,	  	Closed	  	Insured XXX backed up and bent dock plate. See attached b	  	$	12X	  	$	0	  	$	128
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4710089174	  	20040323	  	Inter American,	  	Closed	  	Insured driver look out XXX - while backing in at shippe	  	$	150	  	$	0	  	$	150
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720022216	  	20040702	  	Martin, XXX	  	Closed	  	As Insured and claimant XXX were XXX right they XXX	  	$	1XX	  	$	0	  	$	1XX
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4700077XXX	  	20031016	  	Pride Transport,	  	Closed	  	Insured backed into a parked unit.	  	$	174	  	$	0	  	$	174
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XXXXX3252	  	20040X30	  	Hargrove, XXX	  	Closed	  	Insured struck XXX XXX while backing into XXX.	  	$	208	  	$	0	  	$	208
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X3735	  	20040731	  	XXX, Larry	  	Closed	  	Ins tried to make a turn and slid into XXX. XXX was a par	  	$	227	  	$	0	  	$	227
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XXXXXX721	  	20040505	  	Stevens, Sarah	  	Closed	  	IV travelling up ramp to exit - OV stopped suddenly IV could	  	$	245	  	$	0	  	$	245
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XXX107741	  	20040331	  	United Plastics, Contact: XXX XXX	  	Closed	  	IV backing into dock - caught power line - and XXX them dow	  	$	2XX	  	$	0	  	$	2XX
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4800010107	  	20040715	  	Major, XXX	  	Closed	  	Insd driver on XXX, an unk. veh pulled out into insd driver	  	$	2X5	  	$	0	  	$	2X5
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4700080285	  	20040225	  	Dart TransXX for XXX	  	Closed	  	IV pulling out of parking space clipped the mirrors on XXX	  	$	2X7	  	$	0	  	$	2X7
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007X751	  	20030X22	  	XXX, MaryA	  	Closed	  	IV reanended Clmt in stop and go traffic	  	$	345	  	$	0	  	$	345
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X201122X2	  	2004XX19	  	Northway High XXX, XXX	  	Closed	  	Insured river caught fence and pulled post out of the ground	  	$	350	  	$	0	  	$	350
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	472001X37X	  	20040130	  	gamer, Rodney	  	Closed	  	IV driver lost - attempting to XXX around - XXX on cable	  	$	3X0	  	$	0	  	$	3X0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007X71X	  	20031214	  	Prime Co.,	  	Closed	  	While Insured was backing out of parking spot at truck stop	  	$	3X3	  	$	0	  	$	3X3
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X00010107	  	20040715	  	Fox, Jennifer	  	Closed	  	Insd driver on XXX, an unk. veh pulled out into insd driver	  	$	430	  	$	0	  	$	430
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XXXXXXXXX	  	20031105	  	XXX, James	  	Closed	  	XXX: Hamar, IV backed into CV while parked in parking lot	  	$	447	  	$	0	  	$	447
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4700077571	  	20031025	  	Truck Stop, Robert Jenkins	  	Closed	  	IV getting truck washed-drove into wash bay before it was a	  	$	500	  	$	0	  	$	500
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X3946	  	20040_09	  	Kenneth Smith, Inc.,	  	Closed	  	Ins. was stopped because XXX was blocking roadway. Clmt XXX	  	$	500	  	$	0	  	$	500
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX0107443	  	20040320	  	Wright, Judy	  	Opened	  	IV merging onto highway- XXX XXX travailing behind In	  	$	0	  	$	501	  	$	501
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XXX11231	  	20040X05	  	Phillips, XXX	  	Closed	  	IV rolled back into OV	  	$	540	  	$	0	  	$	540
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X04X2	  	20040305	  	Bert’s Chuck Wagon,	  	Closed	  	Driver knocked down light pole with traffic device attached	  	$	55X	  	$	0	  	$	55X
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X13X7	  	20040414	  	Bridgeport Township, Dick Dunnill	  	Closed	  	Driver came off exit ramp - tried to stop - could not - went	  	$	5X0	  	$	0	  	$	5X0
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007XX27	  	20031001	  	XXX, Luther	  	Closed	  	iv and ov backed into each other par report	  	$	X32	  	$	0	  	$	X32
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4X400XX2X4	  	2004030X	  	Lowe’s,	  	Closed	  	Insured driver ran over Island at Lowe- X. Struck XXX and	  	$	632	  	$	0	  	$	X32
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	40400XX5XX	  	20040211	  	XXX Shell Gas Statio.n	  	Closed	  	IV pulling out of truck stop - caught sign with XXX.	  	$	X33	  	$	0	  	$	X33
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX010X721	  	20040505	  	Stevens, matthew	  	Closed	  	IV traveling up XXX to exit - OV stopped suddenly IV could	  	$	650	  	$	0	  	$	X50
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX0107421	  	20040315	  	Cooper, Sandy	  	Closed	  	Insured bumped into XXX in parking lot while he was XXX	  	$	702	  	$	0	  	$	702
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007XX44	  	20031120	  	Byard, John T	  	Closed	  	Per police report - our Insured - was stopped at stop light	  	$	747	  	$	0	  	$	747
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	470007707X	  	20030X23	  	Deshi XXX,	  	Closed	  	Insured backed into clmt turning around in parking lot.	  	$	765	  	$	0	  	$	765
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47100XXXXX	  	20040413	  	Moreno, Frank	  	Closed	  	Insured pulling from between 2 parked units - Insured backed	  	$	7X1	  	$	0	  	$	XX1
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX010X303	  	20040524	  	XXX, Bryan	  	Closed	  	Insured driver made ruts in the lawn while putting into lot	  	$	808	  	$	0	  	$	808
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX0109577	  	20040115	  	Cicco, Mary C	  	Closed	  	Lackawanna County. See attached police report. Reported by	  	$	X10	  	$	0	  	$	X10
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X0X30	  	2004032X	  	Lisa Motor Lines,	  	Closed	  	CL: Lisa Motor lines. IV backed into CL vehicle.	  	$	X25	  	$	0	  	$	X25
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X25X5	  	2004052X	  	Boyd, Rory	  	Closed	  	IV turning around when struck OV	  	$	X34	  	$	0	  	$	X34
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X35XX	  	20040503	  	Branch, Ezell	  	Closed	  	IV was changing lanes and struck OV	  	$	XX3	  	$	0	  	$	XX3
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X24XX	  	20040X0X	  	Wheeler, Robert	  	Closed	  	IN caught front corner of parked unit while pulling out.	  	$	899	  	$	0	  	$	899
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4XX010563X	  	20040110	  	XXX Transportation,	  	Closed	  	IV backed into OV in truck stop	  	$	900	  	$	0	  	$	900
	Panther II Transportation, lnc	  	2003	  	AUTOMOBILE	  	47100XXX31	  	20040521	  	Koat of Tennessee In, Ken	  	Closed	  	Insured driver struck 2 awnings at dock while backing in.	  	$	913	  	$	0	  	$	913
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	47000X04X3	  	2004030X	  	Robert Thompson Transport	  	Closed	  	XXX is alleging that insured backed into his truck, Insure	  	$	923	  	$	0	  	$	923
	Panther II Transportation, Inc	  	2003	  	AUTOMOBILE	  	4720022024	  	20040X20	  	Simecer, Steve	  	Closed	  	Insured-s XXX XXX - XXX struck car behind him	  	$	942	  	$	0	  	$	942











																								
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100XX74X	  	20040407	  	TRW Inc.	  	Closed	  	IV driver struck door while backing into loading dock	  	$	XX4	  	$	0	  	$	XX4
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720023XX0	  	20040X2X	  	Ashby, Dan	  	Closed	  	Insured driver made ruts in yard and damaged XXX.	  	$	X70	  	$	0	  	$	X70
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0107XX1	  	20040325	  	Collins & Alkens/Noe, I Spe	  	Closed	  	CL: Collins & Alkens, IV backing into a dock and struck a ga	  	$	XX2	  	$	0	  	$	XX2
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X400X6135	  	20031007	  	Dobmeler Janitor Inc.	  	Closed	  	Driver damaged dock. Stated he would pay for damage - paid	  	$	1,000	  	$	0	  	$	1,000
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0109981	  	20040X18	  	Johnson Gll	  	Closed	  	Insured cought power line XXX/trailer	  	$	1,000	  	$	0	  	$	1,000
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX01074X3	  	20040320	  	Wright, Steven	  	Opened	  	IV merging onto highway-clmt Stafanko travelling behind in	  	$	0	  	$	1002	  	$	1002
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0105134	  	20031212	  	Lyon, Debra	  	Closed	  	IV backed up at Intersection of airport-backed into OV beh	  	$	1,04X	  	$	0	  	$	1,04X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX01044X3	  	2003112X	  	Sunoco Gas Station, Dave Takhar	  	Closed	  	IV swerced to miss block - XXX got stuck on gas & hit pole	  	$	1,102	  	$	0	  	$	1,102
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X400X5055	  	20031125	  	TRL Inc.	  	Closed	  	IV pulling away from fuel station didn’t see OV to his right	  	$	1,134	  	$	0	  	$	1,134
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X3723	  	2004072X	  	Watson, Patricia	  	Closed	  	Ins. thought XXX was turning - clmt did not - ins. struck XXX	  	$	1,134	  	$	0	  	$	1,134
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010X42X	  	20040424	  	XXX Inc., Anthony	  	Closed	  	IV driver tried to avoid hitting an XXX in a construction	  	$	1,20X	  	$	0	  	$	1,20X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X400XX35X	  	20040419	  	Hise, Mary	  	Closed	  	Insured driver backed up to let semi make a turn in front.	  	$	1,20X	  	$	0	  	$	1,20X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX01025XX	  	20030X23	  	Graham-Petty, Gloris A	  	Closed	  	Insured behind XXX at stop light. Light turned green	  	$	1,220	  	$	0	  	$	1,220
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X400X5422	  	2003120X	  	Morin, Gall	  	Closed	  	Insured backing into parking space - caught back end of XXX	  	$	1,240	  	$	0	  	$	1,240
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010X5X4	  	20040430	  	Waico Corporation,	  	Closed	  	Insured driver stuck building at shipper	  	$	1,2X0	  	$	0	  	$	1,2X0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X002X	  	20040210	  	Illinois Dept. of Transportation	  	Closed	  	For Record Only. Insured driver making a turn - XXX elec	  	$	1,2XX	  	$	0	  	$	1,2XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X401016XX	  	20040602	  	Mehen, Harmesh K	  	Closed	  	Insured merged into XXX	  	$	1,2X4	  	$	0	  	$	1,2X4
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X04X2	  	20040305	  	XXX Dept. of Transportation	  	Closed	  	Driver knocked down light pole with traffic device attached.	  	$	1,3X1	  	$	0	  	$	1,3X1
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100X15X7	  	20040701	  	Vazquez, Gullerno	  	Closed	  	Insured backed into parked XXX.	  	$	1,411	  	$	0	  	$	1,411
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X1X5X	  	20040501	  	Bangstrom,	  	Closed	  	Dock damaged by driver backing in. See attached estimate.	  	$	1,431	  	$	0	  	$	1,431
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X601045X4	  	20031126	  	Henry, Nicole M	  	Closed	  	Insured was rear ended by XXX. Claimant is saying we XXX	  	$	1,4X1	  	$	0	  	$	1,4X1
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720021X95	  	2004061X	  	XXX, XXX	  	Closed	  	Ins. turning R XXX middle turn lan - XXX came up on R when	  	$	1,500	  	$	0	  	$	1,500
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0110425	  	20040707	  	Chartand, Janice	  	Closed	  	Insured backed into parked XXX	  	$	1,50X	  	$	0	  	$	1,50X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100X545X	  	20031015	  	JOSEPH, MATTHEW	  	Closed	  	Insured driver unaware of accident. FL. State XXX Patrol XXX	  	$	1,535	  	$	0	  	$	1,535
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100XX42X	  	20031214	  	Knight, Tine	  	Closed	  	XXX claims that Insd hit the front of his tractor. Ins XXX	  	$	1,5XX	  	$	0	  	$	1,5XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0105X00	  	20040109	  	Deson, Gary	  	Closed	  	Insured backed into parked XXX - then into 3rd unit. Unit w	  	$	1,570	  	$	0	  	$	1,570
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010X34X	  	2004052X	  	XXX, William	  	Closed	  	IV backed into OV	  	$	1,573	  	$	0	  	$	1,573
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	470007X7XX	  	20030X25	  	Porter Paints,	  	Closed	  	Insured turned around in parking lot of Porter Paints. Ins	  	$	1,X20	  	$	0	  	$	1,X20
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0103X5X	  	2003110X	  	Linpold & Arnel,	  	Closed	  	CL: Linpoid, IV truning in parking lot and struck CL with	  	$	1,X3X	  	$	0	  	$	1,X3X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	470007X274	  	20031024	  	Automotive, Tower	  	Closed	  	Insd. Turning into customers parking lots - had to turn shar	  	$	1,712	  	$	0	  	$	1,712
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0104XXX	  	20031115	  	XXX Thermal, Produ	  	Closed	  	IV backing into dock at consignee. XXX was parked in XXX	  	$	1,744	  	$	0	  	$	1,744
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X20110X5X	  	20040225	  	Jamison-Birks Norma	  	Closed	  	Insured turning left - claimant came around on the left hit	  	$	1,7X3	  	$	0	  	$	1,7X3
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010770X	  	20040330	  	City of Beneca,	  	Closed	  	Insurd driver turning around in parking lot - hit and knock	  	$	1,800	  	$	0	  	$	1,800
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X333X	  	20040714	  	House, Cordanials	  	Closed	  	XXX reported accident to insured. Claimant claims that	  	$	1,X17	  	$	0	  	$	1,X17
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	46400XXX41	  	20040401	  	Cash True Value Home, Center	  	Closed	  	Insured pulling away from XXX - was in a tight spot - had XXX	  	$	1,823	  	$	0	  	$	1,823
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X2010X831	  	20041319	  	L & L Nursery Supply, Inc	  	Closed	  	IV hit gate and wall at shipper while pulling in.	  	$	1,850	  	$	0	  	$	1,850
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0105159	  	2003121X	  	Jackson, Sarah	  	Closed	  	XXX Jackson IV & CV both making R head turn. IV struck C	  	$	1,878	  	$	0	  	$	1,87X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0111015	  	2004072X	  	Baker, XXX	  	Closed	  	IV was stopped by police and told he had stuck claimant. IV	  	$	1,XX3	  	$	0	  	$	1,XX3
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	46601054X0	  	20031222	  	TMSI Logistics,	  	Closed	  	IV backed into parked OV	  	$	1,916	  	$	0	  	$	1,916
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	466010X7X3	  	20040316	  	XXX Public Power	  	Closed	  	Ins slid on ice-lost control started to jackknife tried t	  	$	1,945	  	$	0	  	$	1,945
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X8456	  	20040615	  	Khoury, XXX	  	Opened	  	See attached letter of representation. All details unknown	  	$	0	  	$	2,001	  	$	2,001
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4840099498	  	20040421	  	Quick,	  	Closed	  	Insured hit a parked auto.	  	$	2,03X	  	$	0	  	$	2,038
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0102XX4	  	20030X24	  	Thibodeau, Martin	  	Closed	  	Insured “XXX” front of XXX	  	$	2,0X3	  	$	0	  	$	2,0X3
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0111794	  	20040829	  	Green, Leonard	  	Closed	  	Insured sideswiped XXX while pulling out of parking lot.	  	$	2,141	  	$	0	  	$	2,141
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700054107	  	2004081X	  	Trans Frieght LLC,	  	Closed	  	IV van popped out of gear rolled forward into parked OV	  	$	2,169	  	$	0	  	$	2,169
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010XX57	  	2004022X	  	Yellow Frieght,	  	Closed	  	While backing into dock - insured driver caught XXX fende	  	$	2,203	  	$	0	  	$	2,203
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000830X7	  	20040702	  	XXX Craftsman,	  	Closed	  	While turning around - insured struck parked XXX.	  	$	2,254	  	$	0	  	$	2,254
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X4409	  	20040830	  	SSI Technologies Inc.,	  	Closed	  	Insured driver struck building while backing into dock. Bro	  	$	2,25X	  	$	0	  	$	2,25X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX01074X3	  	20040320	  	XXX Diane	  	Opened	  	IV merging onto highway - XXX XXX traveling behind in	  	$	16X	  	$	2,161	  	$	2,327
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X3XX4	  	20040X02	  	US Bank,	  	Closed	  	Dock door was damaged by insured XXX truck.	  	$	2,41X	  	$	0	  	$	2,415
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47200215X7	  	20040528	  	Sparkman, Irvin	  	Closed	  	Insured backed into claimants parked vehicle	  	$	2,4X4	  	$	0	  	$	2,4X4
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010X51X	  	20040213	  	Rice, Gary	  	Closed	  	While insured vehicle was backing into dock - he hit XXX.	  	$	2,468	  	$	0	  	$	2,468
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX01049X5	  	20031211	  	Erb, Tammy	  	Closed	  	Semi pulled out of driveway in front of our XXX Backe	  	$	2,4XX	  	$	0	  	$	2,4XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X2011254X	  	20040X24	  	XXX, XXX	  	Closed	  	Insured backing in at XXX lot when he struck XXX XXX	  	$	2,52X	  	$	0	  	$	2,52X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4800010107	  	20040715	  	Southeastern Freight, Lines	  	Closed	  	Insd driver on hwy, an XXX XXX pulled out into XXX driver	  	$	2,54X	  	$	0	  	$	2,54X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X3240	  	2004070X	  	Brougher, XXX	  	Closed	  	Insured XXX thru water in intersection and hit claims	  	$	2,584	  	$	0	  	$	2,XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0109541	  	2004XX03	  	Chambers, Shawn	  	Closed	  	Insured driver drove past driveway - slammed on brakes and b	  	$	2,445	  	$	0	  	$	2,590
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X40100XX1	  	20040524	  	Kellogg, XXX	  	Closed	  	Claimant states XXX run over sign and tore up the lawn on XXX	  	$	2,592	  	$	0	  	$	2,592
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700078732	  	20031213	  	ASYST Technology LLC,	  	Closed	  	As insured driver was backing out of garage clipped XXX	  	$	2,752	  	$	0	  	$	2,752
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0108310	  	20040420	  	IKEX, Chip Gachou	  	Closed	  	IV hit pole. Pole is used for security lighting in parking XXX	  	$	2,7XX	  	$	0	  	$	2,7XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X40101944	  	20040715	  	Malek, XXX	  	Closed	  	XXX changing lines XXX stuck clmt. XXX XXX did not see clmt.	  	$	2,XX1	  	$	0	  	$	2,XX1
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100XXXXX	  	200X0X12	  	Whirlpool XXX	  	Closed	  	Insured backed into dock at customers XXX attached report.	  	$	2,812	  	$	0	  	$	2,812
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0104050	  	2003110X	  	Carolyn, Duaningan	  	Closed	  	IV backed onto road and struck OV	  	$	2,841	  	$	0	  	$	2,841
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4510014528	  	20040323	  	NYS Throway Authority	  	Opened	  	Insured vehicle rolled over and passenger was injured	  	$	2,XX0	  	$	0	  	$	2,XX0
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720022735	  	20040802	  	XXX, Kendall	  	Closed	  	Ins traveling down highway - when tool box came off truck, a	  	$	2,XX5	  	$	0	  	$	2,XX5
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0111521	  	20040817	  	Ricker, James M	  	Closed	  	IV trying to back off roadway and struck OV who was behind XXX	  	$	2,X55	  	$	0	  	$	2,9X5
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	470007X322	  	20031128	  	Williams, Shawn	  	Closed	  	Insured caught the front of clmts truck at fuel station.	  	$	2,9X2	  	$	0	  	$	2,9X2
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700081X07	  	2004042X	  	Central XXX,	  	Closed	  	Turning around in parking lot - XXX overhang clipped XXX	  	$	2,9X1	  	$	0	  	$	2,9X1











																								
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000XXXX	  	20040330	  	Smith, Tim	  	Closed	  	Insd sideswiped Clmt - s unit - taking off Clmt - s mirror - & s	  	$	3,0XX	  	 	$0	  	$	3,0XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700081383	  	20046419	  	Rudoll, Gene	  	Closed	  	IV Hit parked CV	  	$	3,032	  	$	0	  	$	3,132
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660105940	  	20040301	  	Holland, David	  	Closed	  	Insured hit clmt backing. Claim never called In. Pleas	  	$	3,13X	  	$	0	  	$	3,136
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700082592	  	20040613	  	Cuevas, Jimmy	  	Closed	  	Insured turning right - swung out to make turn - clmt came u	  	$	3,152	  	$	0	  	$	3,152
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720022312	  	20040709	  	Sonic Drive Thru,	  	Closed	  	While leaving a drive thru parking lot Insured hit canopy	  	$	3,170	  	$	0	  	$	3,170
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720022400	  	20040714	  	Perkins, Joel	  	Closed	  	Insured backed up into claimant who was behind him	  	$	3,360	  	$	0	  	$	3,380
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	486010252X	  	20030919	  	Edge, Latania R	  	Closed	  	Insured merging onto 195 while entering right lane - Clmt	  	$	3,4XX	  	$	0	  	$	3,4XX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X060105800	  	2004010X	  	Shearer, Corwin	  	Closed	  	Insured backed into parked Clmt - then into 3rd unit. Unit w	  	$	3,49X	  	$	0	  	$	3,49X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47200221X1	  	20040XXX	  	State Farm as Subro, gee of Angela Reed	  	Closed	  	IV turning R OV passing IV on Left struck IV L front corner	  	$	3,516	  	$	0	  	$	3,516
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4680106051	  	20040504	  	Contract, John R	  	Closed	  	IV hit OV that was parked	  	$	3,634	  	$	0	  	$	3,634
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX10X5728	  	2004050X	  	Counts, Jeffrey J	  	Closed	  	Insd & clmt received citation. IV on road too small for	  	$	3,572	  	$	0	  	$	3,X72
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700076208	  	20030903	  	Ward, Richard	  	Closed	  	Insured dropped phone bent over to pick it up when he looks	  	$	3.X49	  	$	0	  	$	3,949
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	466010X835	  	20040225	  	Progressive stamping, & Fabrication	  	Closed	  	While backing into dock - trailer caught door frame and XXX	  	$	4,144	  	$	0	  	$	4,144
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	46400X3017	  	20030922	  	Consignee; Tammy Gro, ves	  	Closed	  	Insured XXX pulling in at consignee and struck a post an	  	$	4,185	  	$	0	  	$	4,168
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720020873	  	20040419	  	Marlast, George F	  	Closed	  	IV rear ended OV	  	$	4,193	  	$	0	  	$	4,193
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4100010107	  	20040715	  	Hendnx, William	  	Closed	  	Insd driver on toy, an unk. veh pulled out into lead driver	  	$	4,437	  	$	0	  	$	4,437
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X2547	  	20040X10	  	OBX	  	Closed	  	While backing into dock - Insured backed into claimant	  	$	4,671	  	$	0	  	$	4,671
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X400X73XX	  	20040XXX	  	Raynoso, Pedro	  	Closed	  	Insd making R turn onto Medford ST Clmt traveling toward in	  	$	4,725	  	$	0	  	$	4,726
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	471009233	  	20040X14	  	Craven, John	  	Closed	  	While Insured was turning around in parking lot - hit rear	  	$	4,743	  	$	0	  	$	4,743
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100X2933	  	20040X27	  	XXX, XXX	  	Closed	  	Insured turning right - when clmt ran into side of insured.	  	$	4.744	  	$	0	  	$	4,744
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700079515	  	20040110	  	Habter, Dale	  	Closed	  	IV pulling out of parking space - IV trailer caught parked O	  	$	4,753	  	$	0	  	$	4,753
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000791X4	  	20040109	  	Mike, Snow J	  	Closed	  	IV backed into mailbox that fell over XXX parked OV.	  	$	4,934	  	$	0	  	$	4,834
	 panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100X528X	  	2003100X	  	Thompson, John	  	Closed	  	IV on 1 - 40 E in 3rd lane. OV in 1st lane. IV and OV both t	  	$	4,972	  	$	0	  	$	4,972
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	466011042X	  	20040708	  	Brebe, Herry	  	Closed	  	insured backed into parked claimant	  	$	5,03X	  	$	0	  	$	5,03X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660102313	  	20030911	  	XXX. Mike	  	Closed	  	Clmt alleges that insured backed in parked vehicle, Insured	  	$	5,067	  	$	0	  	$	5,067
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700081602	  	20040427	  	Toth, Andrew G	  	Closed	  	Claimant struck Insured in front line. Claimant alleges ins	  	$	5,405	  	$	0	  	$	5,250
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X0340	  	20040301	  	Freedom Express/Dome. Irfo	  	Closed	  	Insured claims clmt hit her in rear - clmt claims Insured at	  	$	5,559	  	$	0	  	$	5,559
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700083722	  	20040730	  	Toyota Technical Coen. Guy Girard	  	Closed	  	Insured driver struck overhead canopy.	  	$	6,201	  	$	0	  	$	8,201
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4120001XX0	  	20040715	  	Workman, Heyward	  	Closed	  	5 tired to merge in front of Insured who swerved to avoid h	  	$	6,324	  	$	0	  	$	X,324
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0111086	  	20040730	  	Jafferies, Todd	  	Closed	  	Insured missed turn - backed up on roadway - striking clmt	  	$	5,935	  	$	0	  	$	6.410
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660108178	  	20040415	  	Card, Stephania	  	Closed	  	Cha in reaction accident. 3rd auto stopped to avoid 4th unit	  	$	8,423	  	$	0	  	$	6,423
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4850020525	  	20040825	  	Roadside XXX (Cinc Innall, OH)	  	Closed	  	Ins. traveling s on 1 - 75, Accident ahead - Ins. had to XXX	  	$	8,521	  	$	0	  	$	6,521
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710XX2797	  	20040825	  	Moore, Thomas	  	Closed	  	Insured move from L lane into R lane, Insured R front com	  	$	8,539	  	$	0	  	$	6,539
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700076744	  	20030922	  	Reador, Clay	  	Closed	  	Insd merging into traffic and OV passed Insd on right	  	$	X,X77	  	$	0	  	$	X,677
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0103498	  	20031023	  	Coxfor Mfg.,	  	Closed	  	Driver ripped L trip door completely off - damaged door fra	  	$	6,769	  	$	0	  	$	8,769
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000XX270	  	20040825	  	Yeary, Richard	  	Closed	  	Insured attempted to stop, Pavement was wet - side into rear	  	$	8,780	  	$	0	  	$	6,930
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0020541	  	20040507	  	Panther II Transportation	  	Opened	  	Forklift at shipper punctured drum while loading. Acrglic	  	$	0	  	$	7,000	  	$	7,000
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106629	  	20040617	  	Wilson, Krista	  	Closed	  	OV was going to work - IV was trying to make wide turn - XXX	  	$	7,459	  	$	0	  	$	7,459
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700084054	  	20040614	  	Sexton, Robert K	  	Closed	  	IV though he had L turn arrow - pulled out in front of OV -	  	$	7,833	  	$	0	  	$	7,633
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660105559	  	20040108	  	Duerkson, Kirk	  	Closed	  	Insured backed into claimant in shippers lot. Claimant - s	  	$	X,057	  	$	0	  	$	8,057
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4710090292	  	20040127	  	Jefferson County Lake,	  	Closed	  	Driver incurred damage to cross - over lines on tractor and X	  	$	8,162	  	$	0	  	$	8,162
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX0110119	  	20040624	  	Rohmand Hass Chemica, Lawrance	  	Closed	  	Insured turning around - struck parked cimt.	  	$	X,275	  	$	0	  	$	8,275
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720021895	  	20040616	  	Onyekwere, Genevine	  	Closed	  	Ins. turning R from middle turn lane clmt came up on R who	  	$	8,132	  	$	0	  	$	5,332
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4860103672	  	20031029	  	TRW Automotive, Dick Grey	  	Closed	  	Insured pulling out of gala - clipped gate - broker it off.	  	$	XX32	  	$	0	  	$	X,632
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X05X6	  	20040311	  	Archer, Madeline	  	Closed	  	Insured ran stop sign - clmt broad sided insured, Insured w	  	$	9,282	  	$	0	  	$	9,399
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4240031945	  	20040209	  	Resendez, Juana	  	Closed	  	Clmt crosses lane of traffic - Insured struck clmt and filed s	  	$	9,644	  	$	0	  	$	9,644
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	48400947X6	  	20031113	  	XXX, Jennifer	  	Closed	  	Insured rolled back into cimt/ minor damage to license plat	  	$	10,000	  	$	0	  	$	10,000
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47100X5269	  	20031001	  	Gaines, Joseph G	  	Closed	  	IV on 1 - 40 E in 3rd lane. OV in 1st lane. IV and OV both X	  	$	10,000	  	$	0	  	$	10,000
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	451001452X	  	20040323	  	Savic, Dusan	  	Opened	  	Insured vehicle rolled over and passenger was injured	  	$	1,XX0	  	$	9,128	  	$	11,00X
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X60106712	  	20040222	  	Smith, , Carolyn	  	Closed	  	XXX yes - insured - improper lane change. Insured mov	  	$	11,532	  	$	0	  	$	11,532
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4X60107557	  	20040324	  	Samardzic, Small	  	Closed	  	Clmt parked on a saint - Ins. backing in - trying to avoid a	  	$	11,862	  	$	0	  	$	11,882
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106613	  	20040224	  	Great Southern Wood,	  	Closed	  	Insured traveling in slow stop and go traffic, Unknown car	  	$	11,901	  	$	0	  	$	11,901
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4660106050	  	20040128	  	Unknown,	  	Closed	  	Ins. traveling on 1 - 85. Clmt swerved into Ins lane. Ins hit	  	$	12,517	  	$	0	  	$	12,517
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4700079494	  	20040123	  	Dover, Rhonda K	  	Closed	  	IV SB - in L lane - OVWB - allegedly IV ran red light and	  	$	12,726	  	$	0	  	$	12,726
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4640097366	  	20040206	  	Rodnquiaz.Jose	  	Closed	  	Insd making R turn onto Medford St. Clmt traveling toward in	  	$	14,389	  	$	0	  	$	14,XXX
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720022735	  	20040602	  	Hernandez, Baidramisa R	  	Closed	  	Ins traveling down highway - when tool box came off truck, a	  	$	14,455	  	$	0	  	$	14,455
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4720021258	  	20040510	  	Hollowell Sam	  	Closed	  	#1 ran stop sign & struck #2 in the side. #1 died for fall	  	$	20,239	  	$	0	  	$	20,239
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4500010107	  	20040715	  	XXX, George	  	Closed	  	Insd driver on hwy, an unk. veh pulled out into Insd driver	  	$	25,970	  	$	0	  	$	25,970
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	466010X721	  	20040505	  	Stevens, XX	  	Closed	  	IV travel ling up ramp to exit - OV stopped suddenly IV could	  	$	2X,445	  	$	0	  	$	26,445
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	4XX010X7X3	  	2004031X	  	Transit All Services,	  	Closed	  	Ins slid on Ice - lost control started to Jackknife tried I	  	$	27,537	  	$	0	  	$	27,537
	 Panther II Transportation. Inc
	  	2003	  	AUTOMOBILE	  	4XX0102X24	  	20030923	  	Calbreth, Syivia	  	Opened	  	IV was making a R turn - OV rear ended IV - clmt Ins claims	  	$	339	  	$	38.821	  	$	39,160
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	470007X349	  	20031201	  	Hall, Jerry G	  	Closed	  	3rd car trying to make U - Turn on Hwy. Unit 2 XXX on the	  	$	64,162	  	$	0	  	$	54,262
	 Panther II Transportation, Inc
	  	2003	  	AUTOMOBILE	  	47000X3735	  	20040731	  	Ells Towing,	  	Closed	  	Ins tried to make a turn and slid into cimt. Clmt was a par	  	$	64,729	  	$	0	  	$	64,72X
		  	2003 Total	  		  		  		  		  		  		  	$	743,547	  	$	80,514	  	$	303,004
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	151000X074	  	20040902	  	Morris, Vamell	  	Closed	  	IV was found in the highway overturned, OV struck IV, Unknow	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	16400XX240	  	20041112	  	Panther II Transportation,	  	Closed	  	Insured parked, Claimant backing. Claimant backed into from	  	$	0	  	$	0	  	$	0











																								
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4660093884	  	20041202	  	Panther II Transportation	  	Closed	  	Insured at Intersection at red light. Insured backing up to	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4660094994	  	20041122	  	ACDC Leasing Inc.	  	Closed	  	Insured driver advised that he went to his sons house parked	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4660095628	  	20050302	  	Panther II Transportation	  	Closed	  	Backing accident	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700084919	  	20040904	  	Panther II Transportation	  	Closed	  	Cargo shifted and spilled see attached bills for cleanup	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700087080	  	20050315	  	Panther II Transportation	  	Closed	  	Insured backed Into claimant.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4120001905	  	20040901	  	PANTHER II TRANSPORTATION	  	Closed	  	HAZARDOUS SPILL CLEANUP	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4530068371	  	20050418	  	Ohlo Dept. of Transportation	  	Closed	  	Ins driver backed over stop sign	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4840106469	  	20041112	  	Adam. Abdul A	  	Closed	  	Insured parked, claimant backing. Claimant backed into from	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4840109144	  	20050304	  	Wilson, Edns	  	Closed	  	IV pulled from a stop sign and xxx OV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4840109339	  	20050311	  	Sampson, John	  	Closed	  	Insured hit overhead door	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4840113998	  	20050802	  	Carson, Heather	  	Closed	  	IV reversed into stopped OV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880113832	  	20041109	  	Stanens, Robert	  	Closed	  	IV slopped at off ramp-IV rolled into OV. IV says OV hit	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880114084	  	20041129	  	Adkns, Jarred	  	Closed	  	Cimt is alleging that a rock came off of Insured - s trailer b	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880114378	  	20041207	  	Emerald Transfer Inc.,	  	Closed	  	Cimt called to report that one of out Insured drivers who XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880114718	  	20041220	  	Male, Osman	  	Opened	  	Insured driver lost control - flipped cargo van. Both drive	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880115005	  	20050105	  	GM Defiance Plant,	  	Closed	  	IV driver XXX of roadway - damage to grounds at GM	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	480115670	  	20050201	  	Ralprich Jeffrey H	  	Closed	  	IV pulling out onto Old Trail Rd. looked both ways and saw n	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880116576	  	20050307	  	_______ Igor	  	Closed	  	Cimt backed into parked insured - CANADA	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880116840	  	20050318	  	Unknown,	  	Closed	  	Insured backed into trailer at swap dock.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880117253	  	20050330	  	ODDT,	  	Closed	  	OV rear ended OV causing debris to strike IV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880117253	  	20050330	  	Robinson of Ontario.	  	Closed	  	OV rear ended OV causing debris to strike IV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880117468	  	20050404	  	RI 80 Express Inc.	  	Closed	  	Insured driver was asked to move cimt trailer went to pull	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880117626	  	20050423	  	State of Virginia,	  	Closed	  	Insured approaching too fast - lost control - hit and damage	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880118219	  	20050520	  	Adams, David	  	Closed	  	Cimt following Ins - when cimt alleges that rock new up fro	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880118852	  	20050604	  	Renke, Christin	  	Closed	  	Cimt Turning right when Veh. 2 pulled up on inside of vehicle	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880119012	  	20050702	  	Sneridanbol, Steven	  	Closed	  	Ins SB on 301 cimt WB on 92 -passed car stopped @ sign. Cl	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880119078	  	20050707	  	Kelly, David	  	Closed	  	Insured hit painter at shipper.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880119330	  	20050720	  	Unknown,	  	Closed	  	It is alleged that Ins, backed into light pole in subdivision	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880119780	  	20050811	  	Lee, Andraa	  	Closed	  	IV turning around in parking lot and struck, OV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700085018	  	20040826	  	Hall, Melissa	  	Closed	  	Ins alleged he was parked - when an XXX cimt struck	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700085385	  	20041207	  	Quick Delivery Service	  	Closed	  	Insured hit parked unit while backing. Please see attached XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700085549	  	20041220	  	Roe, Amanda	  	Closed	  	IV driver could not stopped for traffic hit Cimt in the rear -	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700087208	  	20050111	  	Ryder Truck Rental.	  	Closed	  	Insured driver stopped to use the restroom - came out to fin XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700087325	  	20050118	  	Unknown,	  	Closed	  	Insured involved in 3 car chain reaction. accident please see	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700087517	  	20050107	  	Hunt, J B	  	Closed	  	Traffic stopped -Insured did not -struck cimt to the rear. XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700088590	  	20050322	  	Advance Auto Trends,	  	Closed	  	Insured backed into building at stop off.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700088855	  	20050408	  	Webb, store	  	Closed	  	Cimt states Ins struck; XXX -Ins XXX is damaged	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700088904	  	20050412	  	smith, Jimmy	  	Closed	  	Insured driver struck low over pass- part of roof then fell	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700089017	  	20050415	  	McDonald’s,	  	Closed	  	river struck a post in McDonald-s parking lot. Ins. driver	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700090019	  	20050605	  	_____, John	  	Closed	  	Insured backed into cimt with ICC bumper of trailer	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700091385	  	20050807	  	Hunter, Lnry	  	Closed	  	IV trying to make U-turn and struck mailbox.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700091386	  	20050811	  	Unknown,	  	Closed	  	CL; Unknown. IV making U-turn and clipped CV	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700091785	  	20050831	  	Averitt Express.	  	Closed	  	Insured hit cimt while backing into dock.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700091821	  	20050831	  	Hoggart, Robert	  	Closed	  	Insured making wide right - turn signal on -cimt also turning	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700092608	  	20050421	  	Conley Jr. Rayford	  	Closed	  	IV was rear ended by OV - PIP benefits claim	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700092608	  	20050421	  	Warren, Janle L	  	Closed	  	IV was rear ended by OV - PIP benefits claim	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700092714	  	20050727	  	______, __	  	Closed	  	Insured backed into cimt -MI No Fault claim -please see XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710094607	  	20041112	  	Unk,	  	Closed	  	Insured struck parked auto	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710095035	  	20041202	  	Unknown,	  	Closed	  	Claimant is alleging that insured bumped her- causing hert XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710096081	  	20050121	  	Unknown,	  	Closed	  	5512 called and said that while parked at the dock another XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710096396	  	20050207	  	State of Tennessee,	  	Closed	  	Ins. ran off roadway - hit XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710097653	  	20050329	  	Unknown,	  	Closed	  	Insured rear ended cimt - who was pushed into a 3rd unit XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710099151	  	20050608	  	Chaffin, Sam	  	Closed	  	Ins hit cimt in parking area - cimt was parked & unattended.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710099220	  	20050610	  	Woods, John	  	Closed	  	Cimt parked and unattended. Insured backed in parking space	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710100300	  	20050728	  	Hyder, Kari Jarrod	  	Closed	  	Claimant is alleging that something came from top of truck -	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710100876	  	20050816	  	Unknown,	  	Closed	  	#2 hit #1 parked attended.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4720026045	  	20050127	  	TriCounty Trucking,	  	Closed	  	#1 hit #2 while backing.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4720027482	  	20050424	  	Unknown,	  	Closed	  	Insured driver backed into stop sign.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4720027545	  	20050425	  	Cooper, Jenatta	  	Closed	  	Claimant alleges that our Insured kicked up road debris that	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4800011715	  	20050531	  	Celadon Trucking.	  	Closed	  	Truck stop bump cimt claims that Ins hit his passenger site	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710099728	  	20050702	  	FInkes, Mary	  	Opened	  	Insured EE on 1-40 cimt was parked partially off the road-	  	$	0	  	$	2	  	$	2
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4880115458	  	200412123	  	Johnson, Glen	  	Closed	  	Cimt. struck Ins. while parked. Ins. is now receiving subro	  	$	3	  	$	0	  	$	3
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700084597	  	20040909	  	United Van Lines.	  	Closed	  	OV tractor - trailer rear-ended IV.	  	$	5	  	$	0	  	$	5
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710094651	  	20041115	  	Parry, Jannifer L	  	Closed	  	Insured turning onto Enon Springs Rd. In Smyrma TN when in XXX	  	$	7	  	$	0	  	$	7
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710099395	  	20050608	  	Crowsen. Michel	  	Closed	  	Ins. driver caught low hanging wire - pulled wire and pole XXX	  	$	7	  	$	0	  	$	7
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100095257	  	20041211	  	ParrIsh, Josh	  	Closed	  	Insured driving west on 140. When he attempted to change XXX	  	$	8	  	$	0	  	$	8
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4660120067	  	20050828	  	Dinu, George	  	Closed	  	Insured rear ended cimt	  	$	8	  	$	0	  	$	8
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710097396	  	20050316	  	____ker, Clavdette	  	Closed	  	Unknown Accident	  	$	8	  	$	0	  	$	8











																								
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700091702	 	20050825	 	Unknown,	 	Closed	 	Insured went into Clmts. lane hitting Clmt on left side.	 	$	9	 	$	0	 	$	9
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	47000XXXXX	 	20041208	 	unknown, Unknown	 	Closed	 	Clmt claims that Insd reversed on the KWY striking his car.	 	$	9	 	$	0	 	$	9
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	466011XXXX	 	20050802	 	Unknown,	 	Closed	 	Insured missed his turn and was trying to turn around - tral	 	$	10	 	$	0	 	$	10
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4640113448	 	20050801	 	Unknown,	 	Closed	 	INFO ONLY. IV pulled over for possibly being involved in ac	 	$	10	 	$	0	 	$	10
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4640111851	 	20050820	 	Unknown	 	Closed	 	Insured ran over curb or yard	 	$	11	 	$	0	 	$	11
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4710099603	 	20050513	 	Gulf Power Comp,	 	Closed	 	Insured driver struck low hanging wires with ______ Polic	 	$	12	 	$	0	 	$	12
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4450073453	 	20050204	 	Bell, James	 	Closed	 	***Lawsuit*** Owner operator transferring street auto parts 1	 	$	14	 	$	0	 	$	14
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700091380	 	20050806	 	State of Illinois	 	Closed	 	IV trying to turn and backed into an electrical pole.	 	$	14	 	$	0	 	$	14
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4640109889	 	20050401	 	594908 Ontario Ltd., owned	 	Closed	 	OV was westbound on Hwy 401 and IV rear-ended OV.	 	$	14	 	$	0	 	$	14
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4710093311	 	20040920	 	Pope, Jonathan	 	Closed	 	Insured rear ended claiment	 	$	16	 	$	0	 	$	16
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700069316	 	20041220	 	McConnell Emilly G	 	Closed	 	claimant merged into the side of Insured Police called - bu	 	$	20	 	$	0	 	$	20
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700067756	 	20050203	 	Flying J Truckstop,	 	Closed	 	insd driver hit building at truck stop	 	$	100	 	$	0	 	$	100
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	471008577X	 	20041214	 	Lyons. Ernest E	 	Closed	 	IV was making a turn - the turn had to be wide because of XXX	 	$	113	 	$	0	 	$	113
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4640XXXXX	 	20040023	 	Nelson, Bill	 	Closed	 	Insured driver knocked over “ no u turn sign”	 	$	128	 	$	0	 	$	126
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	471009915X	 	20050602	 	Baastoy Amarius	 	Closed	 	Insured driver reported he was turning left from left lane -	 	$	129	 	$	0	 	$	129
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	471008915X	 	20050802	 	Fltcheard, shaunie	 	Closed	 	Insured driver reported he was turning left from left lane -	 	$	129	 	$	0	 	$	129
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	470008X712	 	20041203	 	Cowles, Erica	 	Closed	 	Insured changing lanes “checked his mirrors - nobody there	 	$	14	 	$	0	 	$	130
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	47000XXXXX	 	20041220	 	Browning, Robert	 	Closed	 	IV driver could not stop for traffic hit Clmt in the rear	 	$	0	 	$	0	 	$	138
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700088645	 	20050323	 	XXX XXX	 	Closed	 	While trying to park- Insured hit Clmt	 	$	139	 	$	0	 	$	139
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4800012020	 	20050629	 	Westerly Hill plaza	 	Closed	 	Insured rear over parking lot island	 	$	148	 	$	0	 	$	148
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4X40103X90	 	20040921	 	Compac corporation	 	Closed	 	Insured driver backed over wooden post and drove into lawn.	 	$	200	 	$	0	 	$	200
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	462XXXXXXX	 	20050807	 	XXX Albert	 	Closed	 	Insured Backing out of parking space - hit Clmt	 	$	240	 	$	0	 	$	240
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4710096396	 	20050207	 	City of Cross Plains	 	Closed	 	Ins. ran off roadway- hit XXX	 	$	250	 	$	0	 	$	250
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4XXXXX393	 	20050812	 	Apple, Ralph	 	Closed	 	Ins. hit telephone pole -brought down wires. Damage to house	 	$	275	 	$	0	 	$	275
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4680115291	 	20041230	 	Pagllaro, James	 	Closed	 	Rose transportation called Ins. and said our truck was ___	 	$	295	 	$	0	 	$	295
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4720028635	 	20050628	 	XXX XXX Transfe Mark Peterson	 	Closed	 	Driver making turn in yard to prepare to back into dock when	 	$	297	 	$	0	 	$	297
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700066752	 	20041218	 	State of KY,	 	Closed	 	Insured hit bridge marked 12-2. ____ of the bridge are__	 	$	309	 	$	0	 	$	308
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4960113802	 	20041011	 	Dynamic Auto Body,	 	Closed	 	Clmt called statedInsured driver ran over a large boulder	 	$	335	 	$	0	 	$	335
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4XX011X445	 	20050302	 	XXX XXX	 	Closed	 	Backing accident	 	$	339	 	$	0	 	$	339
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4710096618	 	2004110X	 	Hertz Rental,	 	Closed	 	While leaving parking lot - Insured hit clmt with trailer -	 	$	401	 	$	0	 	$	401
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	46X011471X	 	20041220	 	State of Ohio.	 	Opened	 	Insured driver lost control - XXX cargo van. Both drive	 	$	400	 	$	3	 	$	403
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4X00011342	 	20050504	 	BealAnjela	 	Closed	 	Insured backed into claimant. Insured denied claim, claims	 	$	427	 	$	0	 	$	427
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4XX011XX03	 	20050309	 	XXX XXX	 	Closed	 	Insured turning around hit gutter	 	$	430	 	$	0	 	$	430
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4600115216	 	20050523	 	Wecie, Simon	 	Closed	 	Record Only. No contact between Ins and 2 other units - all	 	$	433	 	$	0	 	$	433
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4710096X32	 	20050515	 	Unknown, unknown	 	Closed	 	Insured rear ended clmt who was pushed Into and rear ended 3	 	$	310	 	$	0	 	$	445
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700087596	 	20050128	 	Nobbe, Dave	 	Closed	 	Ins. driver backed into dock door. Customer is claminng the	 	$	458	 	$	0	 	$	456
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	47000XX203	 	20050225	 	WFKN Radio, Ben sheroan	 	Closed	 	Insured driver hit building	 	$	480	 	$	0	 	$	460
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4XX011X460	 	20050303	 	Palmer, Nicholas	 	Closed	 	Insured backed into Clmt vehicle while at consignee.	 	$	475	 	$	0	 	$	475
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4720026511	 	20050224	 	United Transportation Inc	 	Closed	 	Insured backing into Pilot truck stop. Insured backed into C	 	$	464	 	$	0	 	$	484
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660115162	 	20050112	 	Simco Parts Services	 	Closed	 	Insured driver ran over stop sign trying to avoid small __	 	$	466	 	$	0	 	$	488
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4X00X11711	 	20050602	 	XXX XXX	 	Closed	 	Insured pulled out thinking he had plenty of time to make It	 	$	492	 	$	0	 	$	402
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	472002XX09	 	20050623	 	XXX XXX	 	Closed	 	Insured rolled back into clmt	 	$	500	 	$	0	 	$	500
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	472002XX09	 	20050623	 	XXX, Robbie	 	Closed	 	Insured rolled back into clmt	 	$	500	 	$	0	 	$	500
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700087321	 	20050105	 	Kegley,JasonR	 	Closed	 	Insured making legal U turn on Highway XX - claimant moved _	 	$	509	 	$	0	 	$	509
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700064926	 	20040922	 	Hughes, Roger	 	Closed	 	Insured backed into clmt in parking lot	 	$	511	 	$	0	 	$	511
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660120047	 	20050623	 	XXX XXX	 	Closed	 	Insured Backing out of parking space and struck Clmt.	 	$	534	 	$	0	 	$	534
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660114003	 	20041019	 	Siemens Energy tAuLomoll	 	Closed	 	Insured driver backed into lawn by mistake -was dark and dr	 	$	538	 	$	0	 	$	538
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4720026609	 	20050623	 	Rubio, Santos	 	Closed	 	Insured rolled back into clmt	 	$	541	 	$	0	 	$	541
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	47X0O91150	 	20050729	 	Leign, Ricky	 	Closed	 	Insured was in bumper to bumper traffic on 71 West bound and	 	$	557	 	$	0	 	$	557
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660115042	 	20041230	 	Ronnie Do, Ronnie	 	Closed	 	Ins pulling away from dock - XXX doors swung loose and br	 	$	563	 	$	0	 	$	563
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660116236	 	20050216	 	XXX, Robert	 	Closed	 	Insured driver ran off roadway into lawn. Had to be lowed ___	 	$	575	 	$	0	 	$	576
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4860120067	 	20050826	 	Herr.Arronk	 	Closed	 	Insured rear ended clmt	 	$	577	 	$	0	 	$	577
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4890120077	 	20050126	 	Claudio, Robert	 	Closed	 	Insd hit parked unattended unit	 	$	577	 	$	0	 	$	577
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4690120003	 	20050923	 	Miller, Derrick	 	Closed	 	Insured struck parked unit	 	$	569	 	$	0	 	$	569
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4100011711	 	20050502	 	Moll, Jasmine	 	Closed	 	Insured pulled out thinking he had plenty of time to make It	 	$	643	 	$	0	 	$	643
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4720026697	 	20050701	 	Enterprise Rental,	 	Closed	 	While backing Insured hit clmt	 	$	670	 	$	0	 	$	670
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4680117146	 	20050403	 	Motorway Express,	 	Closed	 	Insured trying to pull out of truck stop when truck Slide on	 	$	696	 	$	0	 	$	696
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4640107195	 	20050106	 	Brar, Sukhjeel	 	Closed	 	IV hit black Ice - throwing her into OV while entering high	 	$	700	 	$	0	 	$	700
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700087904	 	20050209	 	Colston. Kevin	 	Closed	 	CL: Colston. IV ran off road into CL yard. IV got stuc	 	 	S700	 	$	0	 	$	700
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660116621	 	20050310	 	Ever Roll XXX Company	 	Closed	 	IV backed into dock door.	 	$	708	 	$	0	 	$	706
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4720029946	 	20050717	 	Jones, James	 	Closed	 	while trying to turn around - door hit low hang wires.	 	$	729	 	$	0	 	$	728
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660115603	 	20041122	 	Vertton XXX	 	Closed	 	Insured driver advised that he went to his sons house parked	 	$	733	 	$	0	 	$	733
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4680117501	 	20050417	 	Phonetech,	 	Closed	 	lVdriver pulled down wire attached to phone booth bending po	 	$	759	 	$	0	 	$	759
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700089018	 	20050412	 	Curl, James	 	Closed	 	Insured hit a parked clmt	 	$	760	 	$	0	 	$	760
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4700090203	 	20050313	 	Townsend, Theloneous	 	Closed	 	IV backed into clmt.	 	$	794	 	$	0	 	$	794
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4660115733	 	20050203	 	WWD Dedicated,	 	Closed	 	Clmt claims that Insured hit his truck. Insured XXX	 	$	669	 	$	0	 	$	869
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4860115475	 	20050124	 	Williams Wemer, Jesse	 	Closed	 	Insured brushed up against XXX Minor damage. Please see at	 	$	695	 	$	0	 	$	695
	 Panther II Transportation, Inc
	 	2004	 	AUTOMOBILE	 	4710099158	 	20050602	 	Fitcheard, Anglea	 	Closed	 	Insured driver reported he was turning left from left lane -	 	$	919	 	$	0	 	$	919











																								
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4550112953	  	20041012	  	Miller, Yvonne	  	Closed	  	Insured was turning around because he was lost in a resident	  	$	925	  	$	0	  	$	925
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710094726	  	20041118	  	In Health Systems,	  	Closed	  	Insured driver struck a fens while turning around,	  	$	995	  	$	0	  	$	995
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115929	  	20050210	  	Boyles, Aaron	  	Closed	  	CL; Boyles, IV struck parked OV while pulling out	  	$	889	  	$	0	  	$	889
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4100001597	  	20050623	  	Stewart, Worthy	  	Closed	  	Clmt struck parked unit - loss occurred in Canada	  	$	1,000	  	$	0	  	$	1,000
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4550112776	  	20041007	  	Best, Joseph	  	Closed	  	Insured hit low bridge. Kept going onto delivery - part of	  	$	1,000	  	$	0	  	$	1,000
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660119515	  	20050630	  	Lednam, Crystal	  	Closed	  	Insured rear inded claimant.	  	$	1,005	  	$	0	  	$	1,005
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115552	  	20050119	  	Johnson, Cleva	  	Closed	  	Clmt called stated our insured made u - turn in parking lot	  	$	1,099	  	$	0	  	$	1,099
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660119150	  	20050705	  	Sparks, Ron D	  	Closed	  	Ins. turning left -moving slowly blind Intersection - clmt m	  	$	1,126	  	$	0	  	$	1,126
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700090304	  	20050614	  	Smiley, Mark	  	Closed	  	While backing in parking lot to move out of way - IV backed	  	$	1,170	  	$	0	  	$	1,170
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4640106459	  	20041210	  	Polanik Erio	  	Closed	  	IV intered wrong lane for toll booth he begin backing up a	  	$	1,190	  	$	0	  	$	1,190
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710095580	  	20050215	  	Hihlor, James R	  	Closed	  	Clmt claims IV backed into him Incident occurred on prival	  	$	1,304	  	$	0	  	$	1,304
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115552	  	20050119	  	Raines, Tom	  	Closed	  	Clmt called staled our Insured made u - turn In parking lot	  	$	1,327	  	$	0	  	$	1,327
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4640107347	  	20050112	  	Marinello, John	  	Closed	  	IV lost control and stack clmt who had also lost control an	  	$	1,338	  	$	0	  	$	1,338
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700091613	  	20050823	  	Kenny, Patrick	  	Closed	  	Insured a sideswiped Clmt Lug nuts on Ins. unit it front II	  	$	1,349	  	$	0	  	$	1,349
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115402	  	20050121	  	Bukovet, Michael	  	Closed	  	Driver was turning around in the parking lot of clmt - Ins,	  	$	1,352	  	$	0	  	$	1,352
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700059762	  	20050521	  	Flagship Express, Inc	  	Closed	  	insured backed into clmt	  	$	1,362	  	$	0	  	$	1,362
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660119782	  	20050811	  	TRW,	  	Closed	  	CL:TRW. IV hit customers overhead door.	  	$	1,396	  	$	0	  	$	1,396
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700088443	  	20050125	  	Jasper County Sheriff	  	Closed	  	Clmt-s door swung open and Insured struck it after review o	  	$	1,440	  	$	0	  	$	1,440
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700084600	  	20040909	  	Canters, Quality	  	Closed	  	Insured trying to turn around when his traller struck front	  	$	1,408	  	$	0	  	$	1,408
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4640105479	  	20041104	  	Zack Taylor Inc	  	Closed	  	Ins. parallel parking in front of cons - as insured was backed	  	$	1,422	  	$	0	  	$	1,422
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700089461	  	20041207	  	Gorden, Clans	  	Closed	  	Subrogation for auto accident - sideswipe collision	  	$	1,447	  	$	0	  	$	1,447
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4720025609	  	20050623	  	Flores, Rubia S	  	Closed	  	Insured rolled backed into clmt.	  	$	1,492	  	$	0	  	$	1,492
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710095103	  	20041205	  	Spears, Debra	  	Closed	  	Clmt called Ins. said that while at work - he park car wa	  	$	1,493	  	$	0	  	$	1,493
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660112953	  	20041012	  	Meditla, Shenita	  	Closed	  	Insured was turning around because he was lost in a resident	  	$	1,500	  	$	0	  	$	1,500
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660112953	  	20041012	  	Miller, Johnny	  	Closed	  	Insured was turning around because he was lost in a resident	  	$	1,500	  	$	0	  	$	1,500
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4640104416	  	20041006	  	Gorey, Marry Janey	  	Closed	  	Insured sideswiped claimant.	  	$	1,527	  	$	0	  	$	1,527
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700091381	  	20050808	  	Cason, Chad	  	Closed	  	CL: Unknown, IV backed Into CV.	  	$	1,535	  	$	0	  	$	1,535
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660117733	  	20050427	  	Haffman, Linda	  	Closed	  	Ins. made L turn from Rt. lane. Struck clmt Ins. thought	  	$	1,572	  	$	0	  	$	1,572
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660112953	  	20041012	  	Miller, Cedric	  	Closed	  	Insured was turning around because he was lost in a resident	  	$	1,800	  	$	0	  	$	1,800
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710099729	  	20050702	  	Unknown.	  	Opened	  	Insured EE on 1-40 clmt was parked partially off tne road -	  	$	0	  	$	1,850	  	$	1,850
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700090557	  	20050707	  	Electrolux Home Products	  	Closed	  	Ins. making L hit 2 windows cranked open on building.	  	$	1,650	  	$	0	  	$	1,650
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700034905	  	20040922	  	Garret, David Wilson	  	Closed	  	Insured rear ended clmt in stop and go traffice. Very low l	  	$	1,580	  	$	0	  	$	1,580
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660119010	  	20050701	  	Anthony, Chrisy	  	Closed	  	Insured truning around due to being lost - rear of truck hit	  	$	1,707	  	$	0	  	$	1,707
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710095402	  	20041219	  	Campo, Donna	  	Closed	  	Insured was merging onto 1-285 in Atlanta when he clipped c	  	$	1,750	  	$	0	  	$	1,750
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660114238	  	20041202	  	Hvang, Jim C	  	Closed	  	Insured at intersection at red light. Insured backing up to	  	$	1,761	  	$	0	  	$	1,761
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710095504	  	20050223	  	Honaywell	  	Closed	  	IV track hit clmt - clmt unit was parked	  	$	1,761	  	$	0	  	$	1,761
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4510015547	  	20041024	  	Dopp, Joshva	  	Closed	  	XXX XXX that while working on truck - vehicle left off	  	$	1,789	  	$	0	  	$	1,789
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660116272	  	20050217	  	Amon, Joseph	  	Closed	  	Insured hit car while turning	  	$	1,795	  	$	0	  	$	1,795
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710097381	  	20050321	  	Rrel, Joe	  	Closed	  	Ins. driver bent a post on a get entering consingee	  	$	1,800	  	$	0	  	$	1,800
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700091123	  	20050729	  	Raymer, Christina	  	Closed	  	Insured was in middlelane @ exit of Parking lot - Ins. in le	  	$	1,803	  	$	0	  	$	1,803
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700091718	  	20050826	  	Allen,Darrel	  	Closed	  	Insd backed in to clmt	  	$	1,808	  	$	0	  	$	1,808
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700069898	  	20050519	  	Roy, Michael	  	Closed	  	Insd hit clmt merging	  	$	1,810	  	$	0	  	$	1,810
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660118575	  	20050307	  	Transportaion, Panther 1I	  	Closed	  	Clmt backed int parked Insured - CANADA	  	$	1,843	  	$	0	  	$	1,843
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700089437	  	20050506	  	Howard, Darryl	  	Closed	  	Insured turning right -when clmt came over on the right sid	  	$	1,766	  	$	0	  	$	1,866
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660117882	  	20050504	  	Frenchik Jessica	  	Closed	  	Insured turning left - Clmt turning right from otherway	  	$	1,834	  	$	0	  	$	1,834
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4840103796	  	20040914	  	Upshaw,fred	  	Closed	  	Insured was pulling () when he strucked clmts front end.	  	$	1,838	  	$	0	  	$	1,838
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660112636	  	20041004	  	Austin, Brenton	  	Closed	  	Insured living lot when he strucked the box of a parked unit	  	$	1,976	  	$	0	  	$	1,976
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115688	  	20050130	  	Myers, Ivan	  	Opened	  	Insured was backing clmt pulling in to lot clmt slid in to race	  	$	0	  	$	2,000	  	$	2,000
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700088822	  	20041217	  	Dave Lewis Trk, LLC	  	Closed	  	Insured into backed into clmt Both are Panther trucks happened a	  	$	2,089	  	$	0	  	$	2,089
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4640109378	  	20050311	  	Slamens Warehouse,	  	Closed	  	Insured hit the swing arm gate and broke it.	  	$	2,097	  	$	0	  	$	2,097
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700088330	  	20041124	  	Kitchen and Bath Distributing, Inc	  	Closed	  	Insured pulling out of dock - traller swang out and struck c	  	$	2,115	  	$	0	  	$	2,115
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4510015254	  	20041210	  	Western Outlet Store, Inc.	  	Closed	  	Ins driver hit building	  	$	2,127	  	$	0	  	$	2,127
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115109	  	20050110	  	Casper, Pauls	  	Closed	  	Insured making R turn- claimant tried to pass on R- Insure	  	$	1,854	  	$	0	  	$	2,131
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660114276	  	20041203	  	Messenger, Ryan	  	Closed	  	IV turning left at intorsection and XXX with left OV	  	$	2,188	  	$	0	  	$	2,188
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710096680	  	20050225	  	Ortiz, Martha	  	Closed	  	IV backed Into OV.	  	$	2,191	  	$	0	  	$	2,191
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700089695	  	20050531	  	Lochrian, Clint	  	Closed	  	Insured bumped traller into building.	  	$	2,224	  	$	0	  	$	2,224
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660112119	  	20040910	  	Sonntag, Robert J	  	Closed	  	OV1 was stopped at stoplight -OVZ behind OV1 was strck from	  	$	2,230	  	$	0	  	$	2,230
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700089260	  	20050427	  	Hoss.Vallry	  	Closed	  	Insured backed into clmt. insured driver was sitted for impr	  	$	2,135	  	$	0	  	$	2,251
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660118215	  	20050523	  	Raszmann, Daniel	  	Closed	  	Record Only. No contact between Ins. and 2 other units - all	  	$	2,277	  	$	0	  	$	2,277
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710098936	  	20050528	  	Strode, Lyffem	  	Closed	  	Insured at a & way stop -very busy intersection. Insured t	  	$	2,215	  	$	0	  	$	2,323
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710096532	  	20050515	  	Maoon, Valyndra	  	Closed	  	Insured rear ended clmt who was pushed Into and rare ended 3	  	$	2,371	  	$	0	  	$	2,358
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4640106158	  	20041201	  	Robinson, Courtney	  	Closed	  	Insured struck the side of a parked unit, did not caled r	  	$	2,436	  	$	0	  	$	2,436
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660115230	  	20050106	  	Willesh, Jennifer	  	Closed	  	Insured parked away from everybody and ran into Walmart. Whe	  	$	2,450	  	$	0	  	$	2,450
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4710093248	  	20040909	  	Gillesple, Beverly	  	Closed	  	IV made u -turn and struck the rear bumper of claimant with	  	$	2,493	  	$	0	  	$	2,493
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700085275	  	20041006	  	Haynes, Darfens	  	Closed	  	Insured driver swung wide to make a wide turn - car came up	  	$	2,592	  	$	0	  	$	2,592
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4660119517	  	20050729	  	Raker, Amber	  	Closed	  	Insured hit X clmt while backing to avoid being struck by a tr	  	$	2,654	  	$	0	  	$	2,654
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4720024904	  	20041123	  	Davis, Jarred	  	Opened	  	IV rear ended OV	  	$	0	  	$	2,700	  	$	2,700
	Panther II Transportation, Inc	  	2004	  	AUTOMOBILE	  	4700059720	  	20041028	  	Illinois DOT District 3	  	Closed	  	Insured hit guard rail.	  	$	2,745	  	$	0	  	$	2,745











																								
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	470008957X	  	20050517	  	Vernell’s Interstate, Service Inc	  	Closed	  	Insured backing into dock hit clmt	  	$	2,768	  	$	0	  	$	2,7XX
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X0445	  	20050624	  	TI Automotive,	  	Closed	  	Doors of Cargo Box carm loose and struck door frame of load	  	$	2,787	  	$	0	  	$	2,787
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX011XXXX	  	20050527	  	Hershner, XXX	  	Closed	  	IV hit claimant while changing lanes. Insured XXX for Imp	  	$	2,999	  	$	0	  	$	2,XXX
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBLE	  	4XX0114724	  	20041215	  	Winter, Jeff	  	Closed	  	Ins. making it turn out of lot came up fast strHdngc	  	$	3,009	  	$	0	  	$	3,00X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBLE	  	4XX0112308	  	20040919	  	Burkle, Eric	  	Closed	  	Ina. was routed on a detour to RL X47 from 250 due to flood	  	$	3,14X	  	$	0	  	$	3,14X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X7030	  	20050304	  	Stinson, Jimmy F	  	Closed	  	Insured turn left - pulled out too far - tried to back up an	  	$	3,147	  	$	0	  	$	3,147
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX011XX32	  	20050821	  	XXX, Georgia	  	Closed	  	Insured was attemting to park and hit clmt XXX	  	$	3,2XX	  	$	0	  	$	3,298
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4840112X1X	  	20050719	  	Campbell, Joyce	  	Closed	  	Insd drifted into clmts L side	  	$	3,384	  	$	0	  	$	3,3X4
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X490X	  	20040922	  	Garrett, Naomi	  	Closed	  	Insured rear ended clmt in stop and go traffic. Very low 1	  	$	3,400	  	$	0	  	$	3,400
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBLE	  	4720025240	  	20041123	  	Dennis, Steve	  	Closed	  	Insured backing up into a spot at truck stop - hit another p	  	$	3,427	  	$	0	  	$	3,427
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBIE	  	4700088712	  	2004120X	  	McCormack, XXX	  	Closed	  	Insured changing lanes - checked his mirrors - nobody there	  	$	3,578	  	$	0	  	$	3,578
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700087148	  	20050106	  	XXX, Joseph R	  	Closed	  	Insured XXX to turn left from middle lane - claimant In la	  	$	3,698	  	$	0	  	$	3,698
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4700090020	  	200X0X07	  	Shaffer, XXX D	  	Closed	  	Insured EB on 224-one lane each way. Clmt came over cente	  	$	3,70X	  	$	0	  	$	3,708
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710100584	  	20050X1X	  	XXX, XXX	  	Closed	  	Insured following clmt when clmt stopped - Insured did not -	  	$	3,75X	  	$	0	  	$	3,75X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX11X55X	  	20050302	  	Durching, Richard	  	Closed	  	Insured backing out - struck parked Clmts unit	  	$	3,7X3	  	$	0	  	$	3,7X3
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X7790	  	20050125	  	XXX, Dick	  	Closed	  	Clmt claims that insured damaged his dock	  	$	4,1XX	  	$	0	  	$	4,1XX
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XX253	  	2004111X	  	XXX, XXX	  	Closed	  	Clmt XXX IV backed into OV	  	$	5,XX3	  	$	0	  	$	4,423
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX011X77X	  	20050X0X	  	Reid, Dennis	  	Closed	  	IV was pulling forward to park and struck OV.	  	$	4,562	  	$	0	  	$	4,582
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX011211X	  	20040X10	  	XXX, XXX	  	Closed	  	OV1 was stopped at stoplight -OV2 behind OV1 was struck from	  	$	4,585	  	$	0	  	$	4,585
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X684X	  	20041220	  	Browning, Tammy	  	Closed	  	IV driver could not stop for traffic hit XXX in the rear -	  	$	4,822	  	$	0	  	$	4,577
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X73X5	  	2005011X	  	Henry, XXX	  	Closed	  	Insured Involved In 3 car chain reaction accident. Please XXX	  	$	4,77X	  	$	0	  	$	4,77X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X1X4X	  	20050X31	  	Brazil, Kevin	  	Closed	  	Insd drove thru car wash with 7 XXX clearance - got stuck	  	$	4,77X	  	$	0	  	$	4,77X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX01203X3	  	20050X12	  	First Energy,	  	Closed	  	XXX, XXX telephone pole -brought down wires. Damage to house	  	$	4,XXX	  	$	0	  	$	4,X4X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XXXXX	  	20041212	  	U - John	  	Closed	  	Insured hit parked XXX car while putting away from dock -	  	$	5,071	  	$	0	  	$	5,071
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XXXXX	  	20050801	  	XXX, Mathew G	  	Opened	  	Insured XXX clmt who was broke down on side of road -	  	$	7	  	$	5,093	  	$	5,100
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4720024X04	  	20041123	  	Clopp, Harold	  	Opened	  	IV rear ended OV	  	$	2,XXX	  	$	2,520	  	$	5,215
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX01150X4	  	20050107	  	Johnson. Mary	  	Closed	  	IV and OV were entering the XXX IV had yield sign did not XXX	  	$	5,274	  	$	0	  	$	5,277
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4X401113X4	  	20050502	  	ALD Transport	  	Closed	  	IV made XXX R turn and OV on R side was hit by IV.	  	$	5,374	  	$	0	  	$	5,374
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X7553	  	20050329	  	Walter Jr., Grady X	  	Closed	  	Insured rear XXX clmt - who was pushed into a 3rd unit...!	  	$	5,354	  	$	0	  	$	5,558
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBLE	  	47000XXX23	  	20050X31	  	Blackburn, Danette	  	Opened	  	Ins. EB on Hamilton in came to traffic light on pole - did n	  	$	5,717	  	$	0	  	$	5,717
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X71X4	  	20050311	  	Woodard, Carolyn	  	Closed	  	IV was backing up when he struck the parked - unoccupied OV.	  	$	5,X01	  	$	0	  	$	5,901
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XXX115X52	  	20050207	  	AAA Homes, Linda	  	Closed	  	CLAAA Hoses. CV struck IV XXX. CL is stating that the	  	$	7,043	  	$	0	  	$	6,171
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	41200011X4	  	20040X02	  	Hwy. 85 Alabama XXX,	  	Closed	  	IV was found in the highway overturned, OV struck IV. Unknow	  	$	6,6X0	  	$	0	  	$	X,XX0
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XX315	  	20050502	  	Deemo, Kimberly	  	Closed	  	Insured backed into XXX while on Hwy. Insured XXX to	  	$	6,742	  	$	0	  	$	6,742
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XX5X4	  	20050515	  	Fisher, Donna	  	Closed	  	Insured XXX to miss a dog slid into parked car.	  	$	8,551	  	$	0	  	$	6,801
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X720X	  	20050111	  	Robert Pedigo Inc.,	  	Closed	  	Insured driver stopped to use the restroom - came out to XXX	  	$	6,X20	  	$	0	  	$	X,920
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4800011711	  	20050X02	  	Sherri, Amber	  	Closed	  	Insured pulled out thinking he had plenty of time to make it	  	$	7,32X	  	$	0	  	$	7,004
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X4X2X	  	20041125	  	Dance, Clifford T	  	Closed	  	Insured was trying to back into parking space - backed into	  	$	7,4XX	  	$	0	  	$	7,4XX
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4X40112583	  	20050712	  	Federal Reserve Bank,	  	Closed	  	Insured-s ICC Bumper clipped cement wall on way out.	  	$	7,X2X	  	$	0	  	$	7,527
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X720X	  	20050110	  	Mid States Express,	  	Closed	  	Insured was attempting to back into the docks at slipped - W	  	$	7,981	  	$	0	  	$	7,981
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XX574	  	20050314	  	XXX Truck Trailer, Service	  	Closed	  	Insured backed into claimant.	  	$	8,3XX	  	$	0	  	$	8,3XX
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X5035	  	20041202	  	Bartholomew, Boddie J	  	Closed	  	Claimant is alleging that insured bumped her - causing her XXX	  	$	8,493	  	$	0	  	$	8,X0X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4XX0115142	  	20050111	  	Auclair, Mark	  	Closed	  	Insured said light was yellow - proceeded - claimant “left a	  	$	8,787	  	$	0	  	$	8,7X7
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	472002X423	  	20050X0X	  	Brazina, Ronald	  	Closed	  	Claimant stopped for light - Insured slowed but could not XXX	  	$	12,010	  	$	0	  	$	9,04X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4710100888	  	20050830	  	Shemeck, Douglas J	  	Closed	  	IV pulling out of parking space - XXX XXX.	  	$	X,72X	  	$	0	  	$	9,72X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	471010053X	  	20050X13	  	Hendrix, Kerl	  	Closed	  	Insd attempting to make a right hand turn and clmt tried to	  	$	10,078	  	$	0	  	$	9,943
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4X40105473	  	2004110X	  	Dabaja, Mohamad	  	Opened	  	IVdriver deceased at scene. IV driver lost control - roll	  	$	5,7X4	  	$	4,2X7	  	$	10,031
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000XXX23	  	20050531	  	XXX, Christina	  	Opened	  	Ins. EB on Hamilton in came to traffic light on pole - did XXX	  	$	12X	  	$	10,651	  	$	10,77X
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	472002X2XX	  	20050X10	  	Smith, Patrick	  	Closed	  	Insured driving on 35 heading XXX clmt came out of nowhere	  	$	11,07X	  	$	0	  	$	11,5X2
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	468011510X	  	20050110	  	Love, Rodnoy T	  	Closed	  	Insured making R turn - claimant tried to pass on R - Insure	  	$	1X,104	  	$	0	  	$	19,242
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	488011471X	  	20041220	  	Ibrahim, Issak	  	Opened	  	Insured driver lost control - XXX cargo van. Both drive	  	$	20,045	  	$	46X	  	$	20,514
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X112X	  	20050X01	  	XXX, Christopher	  	opened	  	Insured XXX clmt who was broke down on side of road -	  	$	1X,082	  	$	5,6XX	  	$	23,750
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	4X4010X01X	  	20041129	  	Adams, Robin	  	Opened	  	XXX In left lane right lane was ending.Clmt was in front o	  	$	1,878	  	$	23,217	  	$	2X,1X5
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X30X2	  	20040X02	  	XXX, XXX	  	Opened	  	Iv was found in the Hwy, overturned. Ov struck IV	  	$	0	  	$	27,500	  	$	27,500
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X30X2	  	20040X02	  	Florida Transformer	  	Opened	  	Iv was found in the Hwy, overturned. Ov struck IV	  	$	0	  	$	41,500	  	$	41,500
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47000X112X	  	20050X01	  	XXX, Christopher G	  	Opened	  	Insured XXX clmt who was broke down on side of road -	  	$	43,254	  	$	0	  	$	43,400
	 Panther II Transportation, Inc
	  	2004	  	AUTOMOBILE	  	47100X3XX2	  	20040X02	  	Thompson, Edward	  	opened	  	Iv was found in the Hwy, overturned. Ov struck IV	  	$	0	  	$	128,000	  	$	128,000
	 Panther II Transportation, Inc
	  	2004
Total	  		  		  		  		  		  		  	$	505,122	  	$	2XX,23X	  	$	754,X72
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4X401171XX	  	20051220	  	Anes, John	  	Cloied	  	IV ran red light and was strack by OV.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4XX0120XXX	  	20051012	  	Unknown,	  	Closed	  	Insured hit low bridge - not sure if there is damage to the	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4XX01210X3	  	2005101X	  	Gunnell, Randal 1	  	Closed	  	Insured backed into clmt	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4XX0121121	  	2005101X	  	XXX, Mohammed	  	Closed	  	Insured was XXX by claimant.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4XX01211XX	  	2005101X	  	Unknown,	  	Closed	  	Insured backed into clmt	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4660121174	  	20051023	  	On police report,	  	Closed	  	Insured vehicle struck claimant while putting out of a XXX	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	200S	  	AUTOMOBILE	  	4XX01212X5	  	20051027	  	Estes, Billy	  	Closed	  	Insured XXX clmt.	  	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	47000X21X5	  	20050X20	  	Unknown,	  	Closed	  	Insured driver fell asleep and hit construction sign.	  	$	0	  	$	0	  	$	0











																								
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700082476	  	20050929	  	Unknown,	 	Closed	  	Truck Overturned - No Spills -
but 6 hours to dean up.	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093536	  	20051130	  	Yoma, Jose R	 	Closed	  	Insured rear ended dmL	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093590	  	20051129	  	Keftlo, Jessica	 	Closed	  	Insured ralfed Into cTslmarrL	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	47000939O7	  	20051213	  	Mike’s Cor Wash,	 	Closed	  	Driver was told to enter carwash
and that his equipment wou	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101386	  	20050921	  	Thompson, Jerry	 	Closed	  	Insured hit dmt white pulling out
of parUw lot	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101581	  	20050930	  	Jacobs, Aids	 	Cmad	  	ConKdlnostories.
Clmtslueswipidku. Ins.lncenterl	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101688	  	20051007	  	Srfvastava.Akanleha	 	Cioied	  	Vehicle 2 (Ov) stopped quick
»r«! vehicle 1 0V) could not an	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101869	  	20051004	  	Blake, Ron	 	Closed	  	Insd backing Into parking space
- struck parked tmlL	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4720031902	  	20051219	  	Okemura, Dentse	 	Closed	  	Clrnl Is aneglng that Irud kicked
up road debris causing dam	 	$	0	  	$	0	  	$	0
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101232	  	20050915	  	LocomlH-Reed. Hose M	 	Closed	  	Insured rear ended dmL	 	$	6	  	$	0	  	$	8
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092683	  	20051012	  	Debyle-Hoen, Wendy	 	Closed	  	Insured turning right - dmt
turning right - Insured collldo	 	$	9	  	$	0	  	$	9
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4640114009	  	20050902	  	American Vending,	 	Closed	  	Insured hit parked van white
backing	 	$	30	  	$	0	  	$	30
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092821	  	20051018	  	BnkBbustiTnuuporta.llonlnt	 	Closed	  	Insured backed Into cant	 	$	88	  	$	0	  	$	86
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4600121175	  	20051021	  	Heaberun.Dave	 	Closed	  	Insured ran traxarinlo freshly
seeded yard of dmt	 	$	100	  	$	0	  	$	100
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4060120356	  	20050908	  	BV. Robert	 	Closed	  	fmunsdflotno down 14jhSt- hit
overhead Bncs. Slntetfs	 	$	204	  	$	0	  	$	204
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4680121754	  	20051118	  	M»er,Fran	 	Closed	  	Insured hit a guardrail on privsui
property	 	$	345	  	$	0	  	$	345
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101852	  	20051017	  	Fisher, Jofm	 	Closed	  	Ins* Ml parked dmt	 	$	384	  	$	0	  	$	384
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092306	  	20050923	  	WIeox, Larry	 	Closed	  	Insured ran Into nar of dalmtnt.	 	$	500	  	$	0	  	$	500
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092234	  	20050920	  	unknown.	 	Opened	  	Iru. In stop/start traffic- vehicle t
rolled and vehlcta 1	 	$	0	  	$	502	  	$	502
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4660122264	  	20051216	  	carter, Haflene	 	Opened	  	Insured was changing lanes and
hit cWrnarrt-s vehldo.	 	$	0	  	$	506	  	$	506
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4680122287	  	20051212	  	Domlscti.Hogh	 	Opened	  	Insured meklng right turn swing
wide and claimant nK	 	$	0	  	$	506	  	$	506
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093567	  	20051130	  	Unknow	 	Opened	  	Insd rear added dmt	 	$	0	  	$	506	  	$	506
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093906	  	20051214	  	Carey- safety, BJ	 	Opened	  	Insured backed Wo dock and
marker Bnht caught fire.	 	$	0	  	$	506	  	$	506
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093960	  	20051217	  	t3ross,J6nn	 	OpenM	  	Insured struck parked
unattended unft.	 	$	0	  	$	506	  	$	506
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710102919	  	20051103	  	B Hoffman, Brenard	 	Opened	  	Insd lays dnrl came Into his lane
struck mirrors- please see	 	$	0	  	$	506	  	$	506
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092234	  	20050920	  	Unknown,	 	Opened	  	kis. In stop/start traffic - vehlds
2 roiled and vehldo 1	 	$	5	  	$	502	  	$	507
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4720030091	  	20050920	  	Central Hauling Comp,&ny	 	Closed	  	Insured backed Into CM while
backing	 	$	620	  	$	0	  	$	620
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4680120224	  	20050905	  	Flowers, Jems*	 	Closed	  	Insd changed lanes* rfld not see
dmt vrtra was side swiped.	 	$	708	  	$	0	  	$	708
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092473	  	20050930	  	Packaging UnHmljed,	 	Closed	  	Cvslamoe caRed -Mid
ourdrrVor damaged dbok.	 	$	750	  	$	0	  	$	750
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700094059	  	20051220	  	Gurtls, Michael	 	Opened	  	Insured hit dmt Insured turning
letl dim proceedlnrj slra	 	$	85	  	$	753	  	$	838
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	47000S2555	  	20051005	  	Wilder. Tyrone	 	Closed	  	Insured dipped bumper or
parked dmt	 	$	874	  	$	0	  	$	674
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4600121377	  	20051030	  	WIBIams, Andrew	 	Closed	  	Insured backed Into Clmt at gas
vtauon	 	$	905	  	$	0	  	$	905
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4640115010	  	20051010	  	FanrtngoalePcractia,	 	Closed	  	Insured hH slop sign and comer
of guard shack	 	$	987	  	$	0	  	$	975
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710102412	  	20051029	  	Ball, Audrey	 	Closed	  	Insured making left turn from
right lane dmt bi left lane g	 	$	1,000	  	$	0	  	$	1,000
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4720031003	  	20051108	  	Uvkioston, Katie	 	Opened	  	Insured making left onto 263 HE
- dmt SB on 283 dmt tut In	 	$	0	  	$	1,001	  	$	1,001
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4880120283	  	20050907	  	Clark, William J	 	Ckttfld	  	Ins. WB on Hivy - Ins. Irad to
slop for stop s»sn - Clmt SB -	 	$	1,051	  	$	0	  	$	1,051
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4720029676	  	20050908	  	Krttt, Chad	 	Closed	  	SmeB curved road - 2 trucks did
not fiL	 	$	1,090	  	$	0	  	$	1,050
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4660120469	  	20050915	  	Lively, Teresa	 	Closed	  	IV Rear Ended the ov.	 	$	1,065	  	$	0	  	$	1,065
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4600013977	  	20051104	  	Green, Catherine	 	Closed	  	Insured was struck by dmL	 	$	1,102	  	$	0	  	$	1,102
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092619	  	20051011	  	Goose Bench Trucking,,
Inc.	 	Closed	  	Insd backed Into dmL	 	$	1,208	  	$	0	  	$	1,208
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710101888	  	20051007	  	Anty. Amanda	 	CJoied	  	Vehlde J (Ov) stopped oujck and
vehlde 1 (IV) could nra an	 	$	1,230	  	$	0	  	$	1,230
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710102107	  	20051026	  	Khox,J0hn	 	Closed	  	Clmt alleges that Insd rolled
back Into hli unit Insured de	 	$	1,388	  	$	0	  	$	1,586
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4790093445	  	20051116	  	Cooper, Randy	 	Closed	  	Insured scraped mirror of dmt In
construction	 	$	1,395	  	$	0	  	$	1,385
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4720031001	  	20051019	  	KaklKaHrS	 	Opened	  	Insd vehldo making turn -Ml
dmt CONFLICTING! stories.	 	$	0	  	$	1,501	  	$	1,601
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4680121671	  	20051116	  	Evans. PJck	 	Closed	  	Insured
owneroperatorranovarsomelhVia
Q consignee proper	 	$	1,585	  	$	0	  	$	1,605
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4600013529	  	20050923	  	Johnson. David T	 	Opened	  	IV had R rurure Mow out and
lanolns gcarfeH off hi ro	 	$	0	  	$	1,591	  	$	1,600
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4780083442	  	20051013	  	Mohr.Mlcheel	 	closed	  	Cunt alleges Insured side swiped
him. Insured was not at sc	 	$	1,848	  	$	0	  	$	1,048
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4710102100	  	20051022	  	landnBrTruclono,,lnc.	 	Opened	  	Insd merged Into drnt -spinning
clmt around Into (he lane of	 	$	1,884	  	$	0	  	$	1,894
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4640115062	  	20051012	  	BakS, Josephine	 	dosed	  	Insured rolled back Into dmt at
red light	 	$	1,704	  	$	0	  	$	1,704
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093440	  	20051116	  	Joruwon Grafn fnc,	 	Closed	  	Insd tracked Into perked attuned
cunt	 	$	1,881	  	$	0	  	$	1,681
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4660121559	  	20051110	  	Hogan Truck Servlca,	 	Closed	  	Insured backing - struck a
parked - attended dmt	 	$	1,890	  	$	0	  	$	1,800
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4640115663	  	20051109	  	Cariucdo, Aaron	 	Closed	  	*1 Rollodb«ck«2allnleraedlon»1
dtsegree	 	$	1,935	  	$	0	  	$	1,935
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093352	  	20051108	  	Dicker, Anna K	 	Closed	  	Insured rolled Ma the rear of
dmt at stop light	 	$	2,005	  	$	0	  	$	2,005
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	1660099562	  	20051128	  	Panlherll Transportation	 	Opened	  	Insured s&udt parked
unattended dalmant unit	 	$	0	  	$	2,006	  	$	2,008
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4660121039	  	20051014	  	Tempcraf, Howmet	 	Closed	  	Door of the IraUerlnsd was
puHIna scraped the door frame	 	$	2,038	  	$	0	  	$	2,036
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4860120222	  	20050902	  	MBOSEMAN,	 	Closed	  	Insured Ht parked unt.	 	$	2,070	  	$	0	  	$	2,070
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4600012952	  	20050905	  	stewalt, Glna	 	Closed	  	Insured unit toned down alto
vehldeR which pushed vehld	 	$	2,338	  	$	0	  	$	2,336
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4860121816	  	20051128	  	BuBlvan. Martin	 	Closed	  	Insured struck parked
unattended dalmant unit	 	$	2,430	  	$	0	  	$	2,430
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4680120631	  	20050925	  	BalheL Phillip	 	Opened	  	Insured ran Mo rear of dmt	 	$	0	  	$	2,501	  	$	1501
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4720031918	  	20051218	  	Small, Aloha	 	Opened	  	Insured rolled Into dalmant	 	$	0	  	$	2,000	  	$	2,600
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4660120991	  	20051012	  	Kelly, Eita	 	Closed	  	In&d scrapped dmt while
chsnglng lanes.	 	$	2,812	  	$	0	  	$	2,612
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4880121904	  	20051130	  	WanfTlscUng,	 	Opened	  	Insured backed Into parked
IraSor	 	$	0	  	$	2,718	  	$	2,716
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4660122309	  	20051218	  	Michael BalchelOrtLLs*
Motor Unes	 	Opened	  	Insured backed Into dmt at truck
stop.	 	$	0	  	$	2,718	  	$	2,716
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093256	  	20051111	  	Ken. Keesle	 	Closed	  	Insured passed entrance to plant
- entered next entrance end	 	$	0	  	$	2,718	  	$	2,716
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4620120900	  	20050920	  	Unknown.	 	Opened	  	Insured unit hit Clmt when clmt
changed lanes - then stopped	 	$	24	  	$	2,728	  	$	2,750
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700092883	  	20051023	  	Domino’s Pizza,	 	Closed	  	Insured drivor hit *Oomlno-s
pliza” sfon.	 	$	3,010	  	$	0	  	$	3,010
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093687	  	20051125	  	Mason, Anna Mario	 	Opened	  	For Record Only.... Insured was
struck head on by dmL	 	$	0	  	$	3,100	  	$	3,100
	 Panther II Transportation, Inc.
	  	2005	  	AUTOMOBILE	  	4700093487	  	20051125	  	Waonef. Uny	 	Opened	  	For Record Only Insured was
struck head on by dmL	 	$	0	  	$	3,100	  	$	3,100











																								
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4720031005	  	20051108	  	Johnson, Leonard	  	Opened	  	Insured making XX
XX 283 NE - XX
SB on 283 dXX hit
In	 	$	0	  	$	3,700	  	$	3,700
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4720031182	  	20051013	  	Bertrand, Joseph	  	Opened	  	Insured backed XX	 	$	0	  	$	3,700	  	$	 3,700
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4710102412	  	20051028	  	Bell, WandXX	  	Closed	  	Insured making left
turn from right lane
XX In left lane g	 	$	3,74X	  	$	0	  	$	3,743
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4710102488	  	20051114	  	CollXXs-
HollingsworXX,
Rebecca	  	Closed	  	Driver of Ins. unit
forgot to set
penXX brake and
rolled b	 	$	4,060	  	$	0	  	$	4,060
	 Panther II Transportation. Inc
	  	2005	  	AUTOMOBILE	  	4720030232	  	20050928	  	Orange County
Fire Authority	  	Closed	  	CL: MoXX - IV
rear ended OV.	 	$	4,178	  	$	0	  	$	4,179
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4700092344	  	20050928	  	Redondo,
Alfredo BonXX	  	Opened	  	Insd rear ended
XX.	 	$	83	  	$	5,300	  	$	5,383
	 Panther II Transportation. Inc
	  	2005	  	AUTOMOBILE	  	4700092822	  	20051020	  	Archer James	  	Opened	  	Insured hit XX.	 	$	3,102	  	$	3,128	  	$	8,456
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4710102100	  	20051022	  	McTXX_r,
Lestle	  	Opened	  	Insd merged Into
dXX spinning XX
around into the
lane of	 	$	1,522	  	$	5,200	  	$	8,XX0
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4060120394	  	20050912	  	AppXX, John	  	Opened	  	Insd rear ended
XX.	 	$	19	  	$	7,581	  	$	7,X00
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4680120468	  	20050915	  	Geez Louise
Enterprises Inc	  	Closed	  	Insured backing
and hit XX.	 	$	7,972	  	$	0	  	$	7,972
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4480121172	  	20051020	  	Mohammad,
Frank	  	Closed	  	Insured unit hit.
overhead canopy at
gas station	 	$	10,0099	  	$	0	  	$	10,09X
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4720030700	  	20051022	  	Davis, MyrXXn	  	Opened	  	IV rear ended OV.	 	$	2,027	  	$	8,124	  	$	10,151
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4880120831	  	20050825	  	BenXX, Raven	  	Opened	  	Insured ran into
rear of dXX.	 	$	5,258	  	$	2,600	  	$	10,XXX
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4800012952	  	20050905	  	Taylor, Marsha	  	Closed	  	Insured unit rolled
down Into vehicle
#2 which pushed
vehicle	 	$	18,985	  	$	0	  	$	14,191
	 Panther II Transportation, Inc
	  	2005	  	AUTOMOBILE	  	4890120293	  	20050907	  	Smith, Alicia L	  	Closed	  	Ins. WB on Hwy -
Ins. had to stop for
stop sign - CXX
SB.	 	$	25,105	  	$	0	  	$	25,243
		  	2005 Total	  		  		  		  		  		  		 	$	135,184	  	$	72,3XX	  	$	203,203
		  	Grand Total	  		  		  		  		  		  		 	$	3,700,503	  	$	538.226	  	$	4,224,557










 Schedule 3.7 
 ERISA 
 Retirement Plans 
  

	•	 	Panther II Transportation, Inc. 401(k) Profit Sharing Plan (January 1, 2004 Restatement). 








 Schedule 3.9 
 Title to Properties 
  

	•	 	Panther II Transportation, Inc. uses meeting space at 1197 Farnsworth Street, Waterville, OH pursuant to an oral agreement on a month to month basis. 








 Schedule 3.10 
 Taxes 
  

	•	 	None 








 Schedule 3.17 
 Intellectual Property 
  

	•	 	Service Marks 

  

					
	 Mark
	  	 Registration No ./Issue Date
	  	 Goods/Services/Class

	Panther II Transportation	  	 2,338,784
 4/4/2000
	  	Transportation of freight by truck, namely, its pick up, transport and delivery, Class 39
			
	Panther II Transportation Inc. (Words and Design)	  	 2,415,329
 12/26/2000
	  	Transportation of freight by truck, namely, its pick up, transport and delivery, Class 39
			
	Elite Services	  	Pending; Application No. 78762130	  	Transportation of freight by truck, namely, its pick up, transport and delivery, Class 39

  

	•	 	Domain name: http://www.pantherii.com 

  

	•	 	Rights, title and interest in a software package known as “Intrans” including the source code, object code and all copyrights associated therewith, assigned from Integrity
Software Solutions, Inc. on July 15, 1998 (the “Intrans Agreement”). 

  

	•	 	Information Management Proposal, dated July 21, 2000, prepared for Panther II Transportation, Inc. by Hudson James Incorporated, regarding OnBase Document Management System,
developed by Hyland Software, Inc. OnBase Document Management System allows for the automation of document processing and retrieval based on custom document types and workflows that can be customized within the software. Panther II Transportation,
Inc. is currently running the latest version of OnBase with no modifications to the original source code provided by Hyland Software Inc. 

  

	•	 	QUALCOMM, Inc. licensed OmniTRACS Software to Panther II Transportation, Inc. pursuant to OmniTracs Contract between Panther II Transportation, Inc. and QUALCOMM, Inc., effective
September 28, 2002. 








 Schedule 3.19 
 Brokers Fees; Transaction Fees 
  

	•	 	Panther II Transportation, Inc. will pay Rothschild Inc. a transaction fee of $890,931.08. 

  

	•	 	Investment banking fee payable to Fenway Partners, Inc. as permitted by Schedule 5.7. 








 Schedule 3.24 
 Material Contracts 
  

	•	 	Assignment by and between Fusion Software, Inc. and Panther II Transportation, Inc. dated as of June 10, 2005. 

  

	•	 	QUALCOMM, Inc. licensed OmniTRACS Software to Panther II Transportation, Inc. pursuant to OmniTracs Contract between Panther II Transportation, Inc. and QUALCOMM, Inc., effective
September 28, 2002. 

  

	•	 	Agreement between MCI and Panther II Transportation, Inc. dated February 23, 2004. 

  

	•	 	Management Advisory Agreement by and among Panther II Transportation, Inc., PTHR Holdings, Inc. and Fenway Partners, Inc. dated June 10, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Daniel Sokolowski dated June 10, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Richard J. Buffington dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Steven D. Wharton dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Richard A. Ford dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Christopher T. French dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Jon P. Garity dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Christopher D. Koehring dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Robert J. Poulos dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Paul D. Ratcliff dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and John J. Sliter dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Jeffrey M. Sokolowski dated July 27, 2005. 









	•	 	Employment Agreement between Panther II Transportation, Inc. and Michael F. Stopka dated July 27, 2005. 

  

	•	 	Employment Agreement between Panther II Transportation, Inc. and Jeffrey S. St. Pierre dated November 1, 2005. 








 Schedule 5.1 
 Liens 
  

	•	 	Liens on equipment securing lease payments in the outstanding amount of approximately $2,800,000 under that certain Master Equipment Lease Agreement No. 12441 between Panther
II Transportation, Inc. and National City Leasing Corporation, dated September 12, 2002 (the “Master Equipment Lease”). The following Equipment Schedules were executed pursuant to the Master Equipment Lease: 


 

	 	•	 	Schedule No. 001 covering 20 trailers (September 12, 2002) and associated riders. 

  

	 	•	 	Schedule No. 002 covering 20 trailers (April 9, 2003) and associated riders. 

  

	 	•	 	Schedule No. 003 covering 20 trailers (January 20, 2004) and associated riders. 

  

	 	•	 	Schedule No. 004 covering 20 trailers (July 26, 2004). 

  

	 	•	 	Schedule No. 005 covering 20 trailers (Nov. 30, 2004) and associated riders. 

  

	 	•	 	Schedule No. 006 covering 15 trailers (Dec. 31, 2004) and associated riders. 

  

	•	 	Liens on equipment securing lease payments in the outstanding amount of approximately $407,200.57 under that certain Equipment Lease Agreement No. 66137000 between Panther II
Transportation, Inc. and National City Leasing Corporation, dated December 12, 2005. 

  

	•	 	Liens on equipment securing lease payments in the outstanding amount of approximately $110,010.00 under that certain Equipment Lease Agreement No. 65860000 between Panther II
Transportation, Inc. and National City Leasing Corporation, dated December 2, 2005. 








 Schedule 5.5 
 Indebtedness 
  

	•	 	Letter of credit between Panther II Transportation, Inc. and LaSalle Bank in the face amount of $2,505,875.00. 

  

	•	 	Indebtedness in the amount of approximately $2,800,000 under the Master Equipment Lease Agreement No. 12441 between Panther II Transportation, Inc. and National City Leasing
Corporation, dated September 12, 2002 (the “Master Equipment Lease”). The following Equipment Schedules were executed pursuant to the Master Equipment Lease: 

  

	 	•	 	Schedule No. 001 covering 20 trailers (September 12, 2002) and associated riders. 

  

	 	•	 	Schedule No. 002 covering 20 trailers (April 9, 2003) and associated riders. 

  

	 	•	 	Schedule No. 003 covering 20 trailers (January 20, 2004) and associated riders. 

  

	 	•	 	Schedule No. 004 covering 20 trailers (July 26, 2004). 

  

	 	•	 	Schedule No. 005 covering 20 trailers (Nov. 30, 2004) and associated riders. 

  

	 	•	 	Schedule No. 006 covering 15 trailers (Dec. 31, 2004) and associated riders. 

  

	•	 	Indebtedness in the amount of approximately $407,200.57 under Equipment Lease Agreement No. 66137000 between Panther II Transportation, Inc. and National City Leasing
Corporation, dated December 12, 2005. 

  

	•	 	Indebtedness in the amount of approximately $110,010.00 under Equipment Lease Agreement No. 65860000 between Panther II Transportation, Inc. and National City Leasing
Corporation, dated December 2, 2005. 








 Schedule 5.6 
 Affiliate Transactions 
  

	•	 	Contractor Operating Agreement between Panther II Transportation, Inc. and AC/DC Leasing Inc., owned by Richard Buffington, Director of Operations of Panther II Transportation,
Inc., dated February 24, 2005. 

  

	•	 	40 Contractor Operating Agreements between Panther II Transportation, Inc. and AC/DC Leasing Inc., owned by Richard Buffington, Director of Operations of Panther II Transportation,
Inc., and various truck drivers all in form identical to the Contractor Operating Agreement between Panther II Transportation, Inc., AC/DC Leasing Inc. and Jerry and Tina Husfelt executed on April 5, 2005 and provided to Antares (payments of
approximately $4,000,000 per annum). 








 Schedule 5.7 
 EBITDA Targets 2005 
 Special Bonus Plan 
 Members of senior management (excluding Daniel Sokolowski), will be entitled to receive up to $500,000, in the aggregate, if the Company achieves the
minimum EBITDA levels for the 2005 fiscal year set forth in following table: 
 2005 EBITDA 
  

											
	FROM	  	TO	  	% of Bonus	 	 	Proceeds
	$	0.0	  	$	21.0	  	0	%	 	$	0
	$	21.0	  	$	21.1	  	20	%	 	$	100,000
	$	21.1	  	$	21.2	  	40	%	 	$	200,000
	$	21.2	  	$	21.3	  	60	%	 	$	300,000
	$	21.3	  	$	21.4	  	80	%	 	$	400,000
	$	21.4	  	 	and over	  	100	%	 	$	500,000

 2005 Supplemental Cash Bonus Plan 
 Specified members of senior management will be entitled to receive a cash bonus if the Company achieves the minimum EBIDTA levels for the 2005 fiscal
year set forth in the following table: 
 2005 EBITDA 
  

								
	FROM	  	TO	  	Cash Bonus Payment
	$	21.4	  	$	21.5	  	$	3,000
	$	21.5	  	$	21.6	  	$	4,000
	$	21.6	  	$	21.7	  	$	5,000
	$	21.7	  	$	21.8	  	$	10,000
	$	21.8	  	$	21.9	  	$	13,333
	$	21.9	  	$	22.0	  	$	16,667
	$	22.0	  	$	22.1	  	$	20,000
	$	22.1	  	$	22.2	  	$	33,333
	$	22.2	  	$	22.3	  	$	43,333
	$	22.3	  	$	22.4	  	$	46,667
	$	22.4	  	 	N/A	  	$	50,000








 Daniel Sokolowski 
 Daniel Sokolowski will be entitled to receive up to $2,000,000 if the Company achieves the minimum EBITDA levels for the 2005 fiscal year set forth in following table: 
 2005 EBITDA 
  

								
	FROM	  	TO	  	Proceeds
	$	0.0	  	$	21.0	  	$	0.0
	$	21.0	  	$	21.1	  	$	200,000
	$	21.1	  	$	21.2	  	$	400,000
	$	21.2	  	$	21.3	  	$	600,000
	$	21.3	  	$	21.4	  	$	800,000
	$	21.4	  	$	21.5	  	$	991,000
	$	21.5	  	$	21.6	  	$	998,000
	$	21.6	  	$	21.7	  	$	985,000
	$	21.7	  	$	21.8	  	$	1,136,667
	$	21.8	  	$	21.9	  	$	1,126,667
	$	21.9	  	$	22.0	  	$	1,116,667
	$	22.0	  	$	22.1	  	$	1,273,333
	$	22.1	  	$	22.2	  	$	1,233,333
	$	22.2	  	$	22.3	  	$	1,203,333
	$	22.3	  	$	22.4	  	$	1,360,000
	$	22.4	  	$	22.5	  	$	1,350,000
	$	22.5	  	$	22.8	  	$	1,516,667
	$	22.8	  	$	23.1	  	$	1,683,333
	$	23.1	  	 	and over	  	$	1,850,000








 Schedule 5.9 
 Contingent Obligations 
  

	•	 	Letter of credit between Panther II Transportation, Inc. and LaSalle Bank in the face amount of $2,505,875.00. 








 EXHIBIT 1.8(e) 
 EXCESS CASH FLOW CERTIFICATE 
 PANTHER II TRANSPORTATION, INC. 
 Date:                 , 200    

 This Certificate is given by PANTHER II TRANSPORTATION, INC., an Ohio corporation (“Borrower”), pursuant to subsection
1.8(e) of that certain Amended and Restated Credit Agreement dated as of January 11, 2006 among the Borrower, Antares Capital Corporation, as agent (in such capacity, the “Agent”) and the other financial institutions party thereto
as lenders (collectively, the “Lenders”), as such agreement may have been further amended, restated, supplemented or otherwise modified from time to time (the “Credit Agreement”). Capitalized terms used herein without definition
shall have the meanings set forth in the Credit Agreement. 
 The officer executing this Certificate is a Responsible Officer of the Borrower
and as such is duly authorized to execute and deliver this Certificate on behalf of the Borrower. By executing this Certificate, such officer hereby certifies to the Agent and the Lenders that: 
 (a) set forth on Exhibit 1 hereto is a correct calculation of Excess Cash Flow for the year ended
                                , 200     (or, with
respect to the year ending December 31, 2006, for the period commencing on the Restatement Effective Date and ending on December 31, 2006) and a correct calculation of the required prepayment of
$                                ; 
 (b) set forth on Exhibit 2 hereto is a correct calculation of the Leverage Ratio as of
                                 , 200     and,
based on such Leverage Ratio, the applicable ECF Percentage is [50/75]%; and 
 (c)
the Exhibits set forth below are based on the audited financial statements which have been delivered to Agent in accordance with subsection 4.1(a) of the Credit Agreement. 







 IN WITNESS WHEREOF, the Borrower has caused this Certificate to be executed by one of its Responsible
Officer this              day of
                                , 200    . 

 

			
	PANTHER II TRANSPORTATION, INC., an
	 Ohio corporation, as the Borrower

		
	By:	 	  
	Name:	 	  
	Title:	 	  









 EXHIBIT 1 to Excess Cash Flow Certificate 
 CALCULATION OF REQUIRED EXCESS CASH FLOW PREPAYMENT 
  

						
	 Excess Cash Flow is defined as follows:
	  		
		
	Cash Flow (per Exhibit 4.2(b)) for the year ending December 31, 200   (or, with respect to the year ending December 31, 2006, for the period
commencing on the Restatement Effective Date and ending on December 31, 2006)	  	$	                        
			
	 Less:
	  	Scheduled principal payments with respect to Indebtedness actually paid in cash during the relevant period	  	$	                        
			
		  	Voluntary prepayments of Indebtedness (other than the Loans) permitted by the Credit Agreement (to the extent not made with the proceeds of Revolving Loans or Swing Line Loans) actually paid in
cash during the relevant period	  	$	                        
			
		  	Net Interest Expense (per Exhibit 4.2(b)) actually paid in cash during the relevant period	  	$	                        
			
		  	Management and board of director fees and expenses actually paid in cash during the relevant period to the extent added back to income in calculating EBITDA and to the extent permitted by
Section 5.7 of the Credit Agreement	  	$	                        
			
		  	Taxes actually paid in cash during the relevant period	  	$	                        
			
		  	Amounts actually paid in cash in respect of Acquisitions permitted by the Credit Agreement (to the extent not made with the proceeds of Indebtedness, including, without limitation, Revolving
Loans or Swing Line Loans, or proceeds of cash equity) during the relevant period	  	$	                        
			
		  	Amendment and waiver fees paid in cash during the relevant period to Agent and Lenders and annual agent’s fee paid in cash during the relevant period to Agent, in each instance, to the
extent added back to income in calculating EBITDA	  	$	                        
			
		  	Other expenses paid in cash during the relevant period at the direction of the Agent in connection with the exercise of its rights under the Loan Documents, to the extent added back to income in
calculating EBITDA	  	$	                        
			
		  	Without duplication for any amounts already included in any of the preceding deductions to Cash Flow, Restricted Payments actually	  		









						
		  	made in cash by Borrower that are permitted under Section 5.11 of the Credit Agreement	  	$	                        
			
		  	 Increase in Working Capital (defined below)
	  	$	                        
			
	 Plus:
	  	 Decrease in Working Capital
	  	$	                        
		
	 Excess Cash Flow
	  	$	                        
		
	 ECF Percentage (pursuant to the calculations set forth on Exhibit 2)1
	  	 	75%/50%
			
	 Subtotal:
	  		  	$	                        
			
	 Less:
	  	Voluntary principal prepayments of the Term Loan actually paid in cash and permanent reductions of the Revolving Loan Commitment that are accompanied by a cash payment equal to such
reduction	  	$	                        
		
	 Prepayment amount
	  	$	                        



	1	The ECF Percentage is based on the Leverage Ratio as provided in Section 1.8(e) of the Credit Agreement. 








 Decrease (increase) in Working Capital, for the purposes of the calculation of Excess Cash Flow, means the following:

  

										
	 	 	 	  	 Beg. of Period
	  	 	  	End of Period
				
	 Current assets:
	  	$                        	  		  	$	                        
				
	 Less (to the extent included in current assets):
	  		  		  		
					
		 	 Cash
	  	 ___________
	  		  	 	___________
					
		 	 Cash Equivalents
	  	 ___________
	  		  	 	___________
					
		 	 Amounts due from Affiliates
	  	 ___________
	  		  	 	___________
					
		 	 Deferred tax assets
	  	 ___________
	  		  	 	___________
					
		 	 Income taxes receivable (without duplication of amounts included in “Deferred tax assets”)
	  	 ___________
	  		  	 	___________
				
	 Adjusted current assets
	  	 $                        
	  		  	$	                        
				
	 Current liabilities:
	  	 $                        
	  		  	$	                        
				
	 Less (to the extent included in current liabilities):
	  		  		  		
					
		 	 Revolving Loans
	  	 ___________
	  		  	 	___________
					
		 	 Swing Line Loans
	  	 ___________
	  		  	 	___________
					
		 	 Current portion of Indebtedness
	  	 ___________
	  		  	 	___________
					
		 	 Amounts due to Affiliates
	  	 ___________
	  		  	 	___________
					
		 	 Deferred tax liabilities
	  	 ___________
	  		  	 	___________
					
		 	 Income taxes payable (without duplication of amounts included in
 “Deferred tax liabilities”)
	  	 ___________
	  		  	 	___________
				
	Adjusted current liabilities	  	 $                        
	  		  	$	                        
				
	 Working Capital (adjusted current assets
 minus adjusted current liabilities)
	  	 $                        
	  		  	$	                        
				
	 Decrease (Increase) in Working Capital
 (beginning of period minus end of period Working Capital)
	  		  		  	$	                        








 EXHIBIT 2 to Excess Cash Flow Certificate 
 CALCULATION OF LEVERAGE RATIO 
 Leverage Ratio
is defined as follows: 
  

						
	Average of the Revolving Loan balance as of the last day of each of the twelve months ended on date of measurement (or, with respect to any measurement date ending on or prior to
December 31, 2006, the average of the Revolving Loan balance as of the last day of each calendar month since the Restatement Effective Date)	  	$	                        
			
	Plus:	  	 Letter of Credit Participation Liability as of date of measurement
	  	$	                        
			
		  	Outstanding principal balance of the Swing Line Loans as of date of measurement	  	$	                        
			
		  	Outstanding principal balance of the Term Loan as of date of measurement	  	$	                        
			
		  	Principal portion of Capital Lease Obligations and Indebtedness secured by purchase money Liens as of date of measurement	  	$	                        
			
		  	Principal portion of Subordinated Indebtedness evidenced by the Subordinated Notes as of date of measurement	  	$	                        
			
		  	Without duplication, all other Indebtedness of the Borrower and its Subsidiaries (other than Indebtedness under Rate Contracts to the extent constituting Obligations) as of date of
measurement	  	$	                        
		
	 Indebtedness
	  	$	                        
			
	 Less:
	  	Unrestricted cash and cash equivalents of Borrower and its Subsidiaries in which Agent has a perfected first priority Lien, not to exceed $2,500,000 in the aggregate	  	$	                        
		
	 Adjusted Indebtedness
	  	$	                        
		
	 EBITDA for the twelve month period ending on the date of measurement (per Exhibit B of Exhibit
4.2(b)):
	  	$	                        
			
	 Plus:
	  	Pro Forma Acquisition EBITDA (per Exhibit B of Exhibit 4.2(a)) for each Permitted Acquisition (attach Schedule showing calculation of Pro Forma Acquisition EBITDA for each
Permitted Acquisition)	  	$	                        
		
	 Adjusted EBITDA
	  	$	                        
		
	 Leverage Ratio (Adjusted Indebtedness (from above) divided by Adjusted EBITDA
	  	$	                        








 EXHIBIT 4.2(b) 
 COMPLIANCE CERTIFICATE 
 PANTHER II TRANSPORTATION, INC. 
 Date:                     ,
200   
 This Compliance Certificate (this “Certificate”) is given by PANTHER II TRANSPORTATION, INC., an Ohio
corporation (“Borrower”), pursuant to subsection 4.2(b) of that certain Amended and Restated Credit Agreement dated as of January 11, 2006 among Borrower, Antares Capital Corporation, as agent (“Agent”), and the
financial institutions party thereto as lenders (collectively, the “Lenders”), as such agreement may have been further amended, restated, supplemented or otherwise modified from time to time (the “Credit Agreement”). Capitalized
terms used herein without definition shall have the meanings set forth in the Credit Agreement. 
 The officer executing this Certificate is
a Responsible Officer of Borrower and as such is duly authorized to execute and deliver this Certificate on behalf of Borrower. By executing this Certificate such officer hereby certifies to Agent and Lenders, on behalf of Borrower, that:

 (a) the financial statements delivered with this Certificate in accordance with subsection 4.1(a) and/or
4.1(b) of the Credit Agreement are correct and complete and fairly present, in all material respects, in accordance with GAAP the financial position and the results of operations of Borrower and its Subsidiaries as of the dates of and for the
periods covered by such financial statements (subject, in the case of interim financial statements, to normal year-end adjustments and the absence of footnote disclosure); 
 (b) to the best of such officer’s knowledge, each of Holdings, the Borrower and its Subsidiaries, during the period covered by such
financial statements, has observed and performed all of their respective covenants and other agreements, and satisfied every condition in, the Credit Agreement and the other Loan Documents to be observed, performed or satisfied by them, and such
officer had not obtained knowledge of any Default or Event of Default [except as specified on the written attachment hereto]; 
 (c) Exhibit A hereto is a correct calculation of each of the financial covenants contained in Article VI of the Credit Agreement as of the end of the most recent fiscal quarter; 
 (d) based on the Leverage Ratio, the Applicable Margin for (i) Base Rate Loans is
                 and (ii) LIBOR Rate Loans is                  [for
use with delivery of monthly financial statements with respect to the last month of a fiscal quarter]; and 
 (e)
since the Original Closing Date and except as disclosed in prior Compliance Certificates delivered to Agent, none of Holdings, Borrower or any of its Subsidiaries has: 
 (i) changed its legal name, identity, jurisdiction of incorporation, organization or formation or organizational structure or formed or
acquired any Subsidiary except as follows:
                                        ;

  

 1 








 (ii) acquired the assets of, or merged or consolidated with or into, any Person, except
as follows:
                                        
                                        
    ; or 
 (iii) changed its address or otherwise relocated, acquired fee simple title to any real
property or entered into any real property leases, except as follows:
                                        
                    . 
  

 2 








 IN WITNESS WHEREOF, the Borrower has caused this Certificate to be executed by one of its Responsible
Officers this      day of                     , 200  . 
  

			
	 PANTHER II TRANSPORTATION, INC., an
 Ohio corporation, as the Borrower

		
	 By:
	 	  
	 Name:
	 	  
	 Title:
	 	  


  

 3 








 EXHIBIT A TO EXHIBIT 4.2(b) 
 COMPLIANCE CERTIFICATE 
 Covenant 6.1 Capital Expenditure Limit 
  

						
	Capital Expenditures are defined as follows:	  		
		
	The aggregate of all expenditures and obligations, for the relevant test period set forth in Section 6.1 of the Credit Agreement, which should be capitalized under
GAAP	  	$	                        
			
	 Less:
	 	Net Proceeds from Dispositions and/or Events of Loss which Borrower is permitted to reinvest pursuant to subsection 1.8(c) and which are included above	  	 	___________
			
		 	To the extent included above, amounts paid as the purchase price in Permitted Acquisitions	  	 	___________
		
	 Capital Expenditures
	  	 	___________
		
	 Permitted Capital Expenditures
	  	 	___________
		
	 In Compliance
	  	 	Yes/No









						
	For purposes of calculating Cash Flow, Capital Expenditures are defined as follows:	  		
		
	The aggregate of all expenditures and other obligations for the twelve month period ending on the last day of the month covered by such financial statements which should be
capitalized under GAAP	  	$	                        
			
	 Less:
	 	Net Proceeds from Dispositions and/or Events of Loss which Borrower is permitted to reinvest pursuant to subsection 1.8(c) and which are included above	  	 	___________
			
		 	 To the extent included above, amounts paid as the purchase price in Permitted Acquisitions
	  	 	___________
		
	 Capital Expenditures
	  	 	___________
			
	 Less:
	 	Portion of Capital Expenditures financed under Capital Leases or other Indebtedness (Indebtedness, for this purpose, does not include drawings under the Revolving Loan Commitment)	  	 	___________
		
	 Unfinanced Capital Expenditures [used in calculation of Cash Flow]
	  	 	___________








 Covenant 6.2 Senior Leverage Ratio 
 Senior Leverage Ratio is defined as follows: 
  

				
	 Adjusted Indebtedness (per Exhibit B):
	  	$	                    
		
	 Less: The principal amount of the Subordinated Indebtedness evidenced by the Subordinated Notes
	  	 	__________
		
	 Senior Indebtedness:
	  	$	                    
		
	 Adjusted EBITDA (per Exhibit B)
	  	$	                    
		
	 Senior Leverage Ratio (Senior Indebtedness (from above) divided by Adjusted EBITDA)
	  	 	__________
		
	 Maximum Senior Leverage Ratio
	  	 	__________
		
	 In Compliance
	  	 	Yes/No










 Covenant 6.3 Fixed Charge Coverage 
 Fixed Charge Coverage is defined as follows: 
  

				
		
	 Cash Flow (“per Exhibit B)
	  	$	                    
		
	 Fixed Charges:
	  		
		
	 Net Interest Expense (per Covenant 6.4)
	  	$	                    
		
	 Plus: Scheduled principal payments of Indebtedness during such period1
	  	 	___________
		
	 Taxes paid in cash during such period
	  	 	___________
		
	 Restricted Payments paid in cash during such period (excluding (a) dividends from Subsidiaries of the Borrower to the Borrower or other Subsidiaries of the
Borrower, (b) the Restatement Effective Date Transactions and (c) Restricted Payments made pursuant to and in compliance with Section 5.1 l(b) of the Credit Agreement)
	  	 	___________
		
	 Management fees and expenses and board of director fees paid in cash during such period
	  	 	___________
		
	 Fixed Charges2
	  	$	                    
		
	 Fixed Charge Coverage (Cash Flow divided by Fixed Charges)
	  	 	___________
		
	 Required Fixed Charge Coverage
	  	 	___________
		
	 In Compliance
	  	 	Yes/No



	1	For purposes of calculating Fixed Charge Coverage, any prepayment of the Term Loan pursuant to Section 1.8(e) of the Credit Agreement shall be deemed to have
been applied pro rata to all remaining scheduled installments thereof, regardless of how such prepayment was actually applied. 

  

	2	For purposes of calculating the Fixed Charge Coverage Ratio as of March 31,
2006, June 30, 2006 and September 30, 2006, (i) Fixed Charges (other than scheduled principal payments of the Term Loan) shall be annualized, such that Fixed Charges as of such date shall equal actual Fixed Charges for the period
commencing on January 1, 2006 and ending on such March 31, 2006, June 30, 2006 or September 30, 2006, as the case may be, multiplied by 4, 2 and 4/3, respectively, and (ii) scheduled principal payments of the Term Loan
shall be deemed to be $1,300,000 for each such measurement period. Notwithstanding the foregoing, actual Restricted Payments pursuant to Section 5.11 (b) of the Credit Agreement shall be used and shall not be annualized.











 Covenant 6.4 Interest Coverage Ratio 
 Interest Coverage Ratio is denned as follows: 
  

				
	 EBITDA (per Exhibit B)
	  	$	                    
		
	 Net Interest Expense:
	  		
		
	Gross interest expense for such period required to be paid in cash (including all commissions, discounts, fees and other charges in connection with standby letters of credit and similar
instruments) for the Borrower and its Subsidiaries on a consolidated basis	  	$	                    
		
	 Less: Interest income for such period
	  	$	                    
		
	 Net Interest Expense [used in calculation of Fixed Charge Coverage and Excess Cash Flow]
	  	$	                    
		
	 Interest Coverage Ratio (EBITDA divided by Net Interest Expense)3
	  	 	___________
		
	 Required Interest Coverage Ratio
	  	 	___________
		
	 In Compliance
	  	 	Yes/No



	3	For purposes of calculating the Interest Coverage Ratio as of March 31,
2006, June 30, 2006 and September 30, 2006, Net Interest Expense shall be annualized, such that Net Interest Expense as of such date shall equal actual Net Interest Expense for the period commencing on January 1, 2006 and ending
on such March 31, 2006, June 30, 2006 or September 30, 2006, as the case may be, multiplied by 4, 2 and 4/3, respectively. 










 Exhibit B 
 Calculation of EBITDA, Cash Flow and Leverage Ratio 
  

				
		
	EBITDA is defined as follows:	  		
		
	Net income (or loss) for the applicable period of measurement of Borrower and its Subsidiaries on a consolidated basis determined in accordance with GAAP, but excluding: (a) the income (or
loss) of any Person which is not a Subsidiary of the Borrower, except to the extent of the amount of dividends or other distributions actually paid to the Borrower or any of its Subsidiaries in cash by such Person during such period and the payment
of dividends or similar distributions by that Person is not at the time prohibited by operation of the terms of its charter or of any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Person;
(b) the income (or loss) of any Person accrued prior to the date it becomes a Subsidiary of the Borrower or is merged into or consolidated with the Borrower or any of its Subsidiaries or that Person’s assets are acquired by the Borrower or
any of its Subsidiaries; (c) gains or losses from the sale, exchange, transfer or other disposition of Property or assets not in the Ordinary Course of Business of the Borrower and its Subsidiaries, and related tax effects in accordance with
GAAP; and (d) any other extraordinary or non-recurring gains or losses of the Borrower or its Subsidiaries, and related tax effects in accordance with GAAP	  	$	                        
		
	Plus, without duplication:	  		
		
	 All amounts deducted in calculating net income (or loss) for depreciation or amortization for such period
	  		
		
	 Interest expense (less interest income) deducted in calculating net income (or loss) for such period
	  	 	____________
		
	 All accrued taxes on or measured by income to the extent deducted in calculating net income (or loss) for such period
	  	 	____________
		
	 All management fees and expenses and board of director fees, in each instance, to the extent deducted in calculating net income (or loss) for such
period
	  	 	____________
		
	 Severance payments and non-recurring seller-related expenses, not to exceed $550,000 in the aggregate, incurred in the calendar quarter ended June 30, 2005,
in each instance, to
	  	 	____________









				
	 the extent deducted in calculating net income (or loss) for such period
	  		
		
	 All non-cash amounts deducted in the determination of net income (or loss) for such period resulting solely from the application of FAS 141, FAS 142 or FAS 144 in
accordance with GAAP
	  	 	_____________
		
	 All transaction-related expenses and fees incurred in connection with (a) the transactions consummated on the Original Closing Date pursuant to the Credit
Agreement and Related Agreements as in effect on the Original Closing Date and (b) the transactions contemplated by the Credit Agreement and the Related Transactions, not to exceed $12,000,000 in the aggregate, and in connection with Permitted
Acquisitions, not to exceed $500,000 in the aggregate, in each case to the extent not included in any of the other add-backs in computing EBITDA provided herein, and to the extent deducted in calculating net income or loss for such
period
	  	$	                        
		
	 Amendment and waiver fees paid to Agent and Lenders and annual agent’s fee paid to Agent, in each instance, to the extent deducted in calculating net income
(or loss) for such period
	  	$	                        
		
	 Other expenses paid at the direction of the Agent in connection with the exercise of its rights under the Loan Documents, to the extent deducted in calculating net
income (or loss) for such period
	  	$	                        
		
	 Non-cash compensation expense attributable to employee stock options, to the extent deducted in calculating net income (or loss) for such period
	  	$	                        
		
	 Other non-cash expenses (or less non-cash income), to the extent deducted (or, with respect to non-cash income, included) in calculating net income (or loss) for
such period and for which no cash outlay (or cash receipt) is foreseeable
	  	$	                        
		
	 Performance bonuses paid to officers and employees in accordance with Section 5.7 of the Credit Agreement, not to exceed $2,500,000 in the aggregate,
to the extent deducted in calculating net income (or loss) for such period
	  	$	                        









				
	 EBITDA4
	  	$	                        



	4	For all purposes, EBITDA for the following periods shall be deemed equal to the following amounts: 

  

				
	 Period
	  	EBITDA
	 February 2005
	  	$	1,070,000
	 March 2005
	  	$	1,463,000
	 April 2005
	  	$	1,443,000
	 May 2005
	  	$	1,998,000
	 June 2005
	  	$	2,018,000
	 July 2005
	  	$	1,374,000
	 August 2005
	  	$	2,689,000
	 September 2005
	  	$	2,871,000
	 October 2005
	  	$	3,159,000
	 November 2005
	  	$	2,204,000

 EBITDA for December 2005 and for the stub-period beginning January 1, 2006 and ending on the Restatement
Effective Date shall equal actual EBITDA of Borrower and its Subsidiaries for such month (or stub-period) computed on a basis consistent with the determination of EBITDA set forth in the table above. 








			
		
	Calculation of Cash Flow	  	
		
	EBITDA for the applicable period of measurement	  	$____________
		
	Less: Unfinanced Capital Expenditures (per Covenant 6.1)	  	____________
		
	Cash Flow [used in calculation of Excess Cash Flow and Fixed Charge Coverage]	  	$____________
		
	**********	  	
		
	Calculation of Leverage Ratio	  	
		
	Leverage Ratio is defined as follows:	  	
		
	Average of the Revolving Loan balance as of the last day of each of the twelve months ended on date of measurement (or, with respect to any measurement date ending on or prior to
December 31, 2006, the average of the Revolving Loan balance as of the last day of each calendar month since the Restatement Effective Date)	  	$____________
		
	 Plus:  Letter of Credit Participation Liability as of date of measurement
	  	____________
		
	 Outstanding principal balance of the Swing Line Loans as of date of measurement
	  	____________
		
	 Outstanding principal balance of the Term Loan as of date of measurement
	  	____________
		
	 Principal portion of Capital Lease Obligations and Indebtedness secured by purchase money Liens as of date of measurement
	  	____________
		
	 Principal portion of Subordinated Indebtedness evidenced by the Subordinated Notes as of date of measurement
	  	____________
		
	 Without duplication, all other Indebtedness of the Borrower and its Subsidiaries (other than Indebtedness under Rate Contracts to the extent constituting an
Obligation) as of date of measurement
	  	____________
		
	Indebtedness:	  	$____________
		
	 Less:   Unrestricted cash and cash equivalents of Borrower and its Subsidiaries in which Agent has a perfected first
priority Lien, not to exceed $2,500,000 in the aggregate
	  	$____________









				
		
	Adjusted Indebtedness [used in calculation of Senior Leverage Ratio]	  	$	____________
		
	EBITDA for the twelve month period ending on the date of measurement (per Exhibit B)	  	$	____________
		
	 Plus:   Pro Forma Acquisition EBITDA (as defined below) for each Permitted Acquisition (attach Schedule showing calculation of
Pro Forma Acquisition EBITDA for each Permitted Acquisition)
	  	$	____________
		
	Adjusted EBITDA [used in calculation of Senior Leverage Ratio]	  	$	____________
		
	Leverage Ratio (Adjusted Indebtedness (from above) divided by Adjusted EBITDA) [used in determination of Applicable Margin]	  	 	____________

 “Pro Forma Acquisition EBITDA” means, with respect to any Acquired Entity, the Acquired Entity’s
earnings before interest, taxes, depreciation and amortization for the most recent trailing twelve (12) month period ending as of the last day of the month preceding the closing of the Permitted Acquisition for which financial statements have
been delivered to Agent, subject to (a) such proforma add-backs of the type specified on Exhibit B that have been deducted in calculating net income (or loss) for such period and (b) such other proforma adjustments, in each case as
are acceptable to the Agent. Pro Forma Acquisition EBITDA for any Acquired Entity shall be calculated on a month by month basis such that a separate amount shall be allocated to each month included in the applicable trailing twelve (12) month
period. After the consummation of any Permitted Acquisition, Pro Forma Acquisition EBITDA with respect to any Acquired Entity acquired as a result thereof shall equal Pro Forma Acquisition EBITDA (a) for and allocated to the calendar month
preceding the calendar month in which the closing of such Permitted Acquisition occurs and (b) included within the twelve (12) month period ending the applicable date of determination. 







 EXHIBIT 5.7 
 PANTHER II TRANSPORTATION, INC. 
 2005 Special Bonus Plan 
 July 27, 2005 
 The following
sets forth the terms and conditions of the 2005 Special Bonus Plan for specified members of senior management of Panther II Transportation, Inc. (the “Company”). 
  

			
		
	Plan:	  	The plan will be referred to as the 2005 Special Bonus Plan (the “Plan”). For the avoidance of doubt, this Plan shall be in addition to, and not in lieu of, any other bonus plan
for fiscal year 2005 established by the Company prior to the date hereof.
		
	Eligibility:	  	The compensation committee (the “Compensation Committee”) of the board of directors of PTHR Holdings, Inc. (“Holdings”) will award interests in the Plan to
identified members of management of the Company.
		
	Interests:	  	Awards under the Plan represent the right to receive a cash payment if the Company meets or exceeds certain EBITDA (as defined below) targets for the 2005 fiscal year. The maximum amount of the
cash payment payable to each Participant under the Plan will be in an amount equal to the “Maximum Bonus Amount” specified in the Participant’s award letter.
		
	Payment:	  	Each Participant will be entitled to receive up to 100% of the applicable Maximum Bonus Amount from the Company as follows:
		
		  	 (1)    If the Company achieves EBITDA for the 2005 fiscal year equal to or in excess of
$21,000,000 but less than $21,100,000, each Participant will be entitled to receive a cash payment equal to 20% of such Participant’s Maximum Bonus Amount;
  
 (2)    If the Company achieves EBITDA for the 2005 fiscal year equal to or in excess of $21,100,000 but less
than $21,200,000, each Participant will be entitled to receive a cash payment equal to 40% of such Participant’s Maximum Bonus Amount;
  
 (3)    If the Company achieves EBITDA for the 2005 fiscal year equal to or in excess of $21,200,000 but less
than $21,300,000, each Participant will be entitled to receive a cash payment equal to 60% of such Participant’s Maximum Bonus Amount;
  
 (4)    If the Company achieves EBITDA for the 2005 fiscal year










			
		  	 equal to or in excess of $21,300,000 but less than $21,400,000, each Participant will be entitled to receive a cash payment equal
to 80% of such Participant’s Maximum Bonus Amount; and
  
 (5)    If the Company achieves EBITDA for the 2005 fiscal year equal to or in excess of $21,400,000, each Participant will be entitled to receive a cash payment equal to 100% of such
Participant’s Maximum Bonus Amount.

		
		  	If earned, payments made hereunder will be paid on the date which is 10 business days following the date on which the audited financial statements for fiscal year 2005 are released (the
“Payment Date”).
		
		  	Payments made hereunder will be reduced by the amount of any federal or state tax which the Company determines is required to be withheld under applicable law and regulations. Amounts payable
hereunder are not intended to constitute deferred compensation for purposes of Section 409A of the Internal Revenue Code, as amended, and the Plan shall be construed accordingly.
		
	Key Definitions:	  	“EBITDA” means, for fiscal year 2005, the consolidated earnings of Holdings and its subsidiaries, before interest, taxes, depreciation, amortization and any fees paid to Fenway
Partners, Inc. and its affiliates plus or minus (as applicable) any items determined by the Compensation Committee in its reasonable discretion to be extraordinary or non-recurring, provided that the Company’s costs incurred in investigating,
preparing for and finalizing the Stock Purchase Agreement shall be an extraordinary, non-recurring expense that shall not be included in the calculation of EBITDA, all as calculated by the Compensation Committee on the basis of the Holdings’
audited consolidated financial statements for fiscal year 2005.
		
		  	“Stock Purchase Agreement” means the Contribution and Share Purchase Agreement by and among Panther II Transportation, Inc., PTHR Holdings, Inc., Panther Acquisition, Inc. and
Ellen A. Amato as trustee of the Amato FLIT Trust U/A/D 12/31/03, Craig T. Amato, individually and as trustee of the 1999 Craig T. Amato Grantor Retained Annuity Trust and Daniel K. Sokolowski, individually and as trustee of the Daniel K. Sokolowski
Revocable Trust U/A dated 2/16/99.
		
	Termination:	  	The Plan and all awards granted hereunder will immediately and automatically terminate in the event of an insolvency or bankruptcy of the Company or Holdings.

  

 -2- 









			
		  	If a Participant’s employment with the Company is terminated by the Company or by the Participant for any reason prior to the Payment Date, such Participant’s award will immediately
and automatically terminate; provided, however that, in the event of the death or disability of the Participant after December 31, 2005 and prior to the Payment Date, the Company shall pay to the estate of the Participant the
award, if any, that would have otherwise been payable to the Participant hereunder and under the Participant’s award letter.
		
		  	Neither the adoption of the Plan nor the grant of an award to any Participant will confer upon any Participant any right to continue as an employee or in any other position with the Company
or any of its subsidiaries or affiliates or affect in any way the right of the Company or any such subsidiary or affiliate to terminate any Participant at any time.
		
		  	The loss of existing or potential profit in awards granted under the Plan will not constitute an element of damages in the event of termination of any employment or other relationship of any
Participant with the Company or any of its subsidiaries or affiliates even if the termination is in violation of an obligation of the Company or any of its subsidiaries or affiliates to such Participant by contract or otherwise.
		
	Non-transferability:	  	Awards under the Plan are non-transferable, except upon the death of a Participant, whose awards may be transferred by will or by the laws of descent and distribution.
		
	Administration and Amendment:	  	The Plan will be administered by the Compensation Committee. The Compensation Committee will have the authority to (a) determine the terms and conditions of each award under the Plan; (b)
prescribe the form or forms of any instruments evidencing awards and any other instruments required under the Plan and to change such forms from time to time; (c) adopt, amend and rescind rules and regulations for the administration of the Plan; and
(d) interpret the Plan and any award granted under the Plan and to decide any questions and settle all controversies and disputes that may arise in connection with the Plan or any award granted thereunder. Such determinations of the Compensation
Committee will be conclusive and will bind all parties.

  

 -3- 









			
		 	The Compensation Committee may at any time discontinue granting awards under the Plan. The Compensation Committee may at any time or times amend the Plan or any award under the Plan for any
purpose in the sole discretion of the Compensation Committee, but no such amendment will adversely affect the rights of the holder of any award previously granted under the Plan without the consent of such holder.

  

 -4- 








 PANTHER II TRANSPORTATION, INC. 
 2005 Supplemental Cash Bonus Plan 
 September 14, 2005 
 The following sets forth the terms and conditions of the 2005 Supplemental Bonus Plan for specified members of senior management of Panther II
Transportation, Inc. (the “Company”) 
  

			
	Plan:	  	The plan will be referred to as the 2005 Supplemental Bonus Plan (the “Plan”). For the avoidance of doubt, this Plan shall be in addition to, and not in lieu of, any other bonus
plan for fiscal year 2005 established by the Company prior to the date hereof.
		
	Eligibility:	  	The compensation committee (the “Compensation Committee”) of the board of directors of PTHR Holdings, Inc. (“Holdings”) will award interests in the Plan to the
members of management of the Company identified on Schedule I hereto (each, a “Participant”).
		
	Interests:	  	Awards under the Plan represent the right to receive a cash payment if the Company meets or exceeds certain EBITDA (as defined below) targets for the 2005 fiscal year. The maximum amount of the
cash payment payable to each Participant under the Plan will be $50,000.
		
	Payment:	  	Each Participant will be entitled to receive a cash bonus in the amount set forth in the following table based on the amount of EBITDA (as defined below) achieved by the Company for the 2005
fiscal yean

  

								
	 If 2005 Fiscal Year EBITDA is:
 (EBITDA amounts in millions)
	  	 Then each
Participant will

be entitled to
receive a cash
bonus payment
equal to:

	Greater Than:	  	But Less Than:	  
	$	21.4	  	$	21.5	  	$	3,000
	$	21.5	  	$	21.6	  	$	4,000
	$	21.6	  	$	21.7	  	$	5,000
	$	21.7	  	$	21.8	  	$	10,000
	$	21.8	  	$	21.9	  	$	13,333
	$	21.9	  	$	22.0	  	$	16,667
	$	22.0	  	$	22.1	  	$	20,000
	$	22.1	  	$	22.2	  	$	33,333
	$	22.2	  	$	22.3	  	$	43,333
	$	22.3	  	$	22.4	  	$	46,667
	$	22.4	  	 	N/A	  	$	50,000










			
		  	If earned, payments made hereunder will be paid on the date which is 10 business days following the date on which the audited financial statements for fiscal year 2005 are released (the
“Payment Date”).
		
		  	Payments made hereunder will be reduced by the amount of any federal or state tax which the Company determines is required to be withheld under applicable law and regulations. Amounts payable
hereunder are not intended to constitute deferred compensation for purposes of Section 409A of the Internal Revenue Code, as amended, and the Plan shall be construed accordingly.
		
	Key Definitions:	  	“EBITDA” means, for fiscal year 2005, the consolidated earnings of Holdings and its subsidiaries, before interest, taxes, depreciation, amortization and any fees paid to Fenway
Partners, Inc. and its affiliates plus or minus (as applicable) any items determined by the Compensation Committee in its reasonable discretion to be extraordinary or non-recurring, provided that the Company’s costs incurred in investigating,
preparing for and finalizing the Stock Purchase Agreement shall be an extraordinary, non-recurring expense that shall not be included in the calculation of EBITDA, all as calculated by the Compensation Committee on the basis of the Holdings’
audited consolidated financial statements for fiscal year 2005.
		
		  	“Stock Purchase Agreement” means the Contribution and Share Purchase Agreement by and among Panther II Transportation, Inc., PTHR Holdings, me, Panther Acquisition, Inc. and
Ellen A. Amato as trustee of the Amato FLIT Trust U/A/D 12/31/03, Craig T. Amato, individually and as trustee of the 1999 Craig T. Amato Grantor Retained Annuity Trust and Daniel K. Sokolowski, individually and as trustee of the Daniel K. Sokolowski
Revocable Trust U/A dated 2/16/99.
		
	Termination:	  	The Plan and all awards granted hereunder will immediately and automatically terminate in the event of an insolvency or bankruptcy of the Company or Holdings.
		
		  	If a Participant’s employment with the Company is terminated by the Company or by the Participant for any reason prior to the Payment Date, such Participant’s award will immediately
and automatically terminate; provided, however that, in the event of

  

 -2- 









			
		  	the death or disability of the Participant after December 31, 2005 and prior to the Payment Date, the Company shall pay to the estate of the Participant the award, if any, that would have
otherwise been payable to the Participant hereunder and under the Participant’s award letter.
		
		  	Neither the adoption of the Plan nor the grant of an award to any Participant will confer upon any Participant any right to continue as an employee or in any other position with the Company or
any of its subsidiaries or affiliates or affect in any way the right of the Company or any such subsidiary or affiliate to terminate any Participant at any time.
		
		  	The loss of existing or potential profit in awards granted under the Plan will not constitute an element of damages in the event of termination of any employment or other relationship of any
Participant with the Company or any of its subsidiaries or affiliates even if the termination is in violation of an obligation of the Company or any of its subsidiaries or affiliates to such Participant by contract or otherwise.
		
	Non-transferability:	  	Awards under the Plan are non-transferable, except upon the death of a Participant, whose awards may be transferred by will or by the laws of descent and distribution.
		
	Administration and Amendment:	  	The Plan will be administered by the Compensation Committee. The Compensation Committee will have the authority to (a) determine the terms and conditions of each award under the Plan; (b)
prescribe the form or forms of any instruments evidencing awards and any other instruments required under the Plan and to change such forms from time to time; (c) adopt, amend and rescind rules and regulations for the administration of the Plan; and
(d) interpret the Plan and any award granted under the Plan and to decide any questions and settle all controversies and disputes that may arise in connection with the Plan or any award granted thereunder. Such determinations of the Compensation
Committee will be conclusive and will bind all parties.
		
		  	The Compensation Committee may at any time discontinue granting awards under the Plan. The Compensation Committee may at any time or times amend the Plan or any award under the Plan for any
purpose in the sole discretion of the Compensation Committee, but no such amendment will adversely affect the rights of the holder of any award previously granted under the Plan without the consent of such holder.

  

 -3- 









					
	 	  	Participants	  	Schedule I
	 John Sliter Richard Buffington Christopher French
	  		  	








 PANTHER II TRANSPORTATION, INC. 
 Sokolowski 2005 Cash Bonus Plan 
 September 14, 2005 
 The following sets forth the terms and conditions under which a cash bonus for fiscal year 2005 may be paid to Daniel K. Sokolowski
(“Sokolowski”) based on the achievement by Panther II Transportation, Inc. (the “Company”) of certain EBITDA targets for fiscal year 2005. 
  

			
	Plan:	  	The plan will be referred to as the Sokolowski 2005 Cash Bonus Plan (the “Plan”).
		
	Payment:	  	Sokolowski will be entitled to receive a cash bonus in the amount set forth in the following table based on the amount of EBITDA (as defined below) achieved by the Company for the 2005 fiscal
year.

  

								
	 If 2005 Fiscal Year EBITDA is:
 (EBITDA amounts in millions)
	  	 Then Sokolowski
will be entitled to
 receive a cash
 bonus payment
 equal
to:

	Greater Than:	  	But Less Than:	  
	$	0	  	$	21.0	  	$	0
	$	21.0	  	$	21.1	  	$	200,000
	$	21.1	  	$	21.2	  	$	400,000
	$	21.2	  	$	21.3	  	$	600,000
	$	21.3	  	$	21.4	  	$	800,000
	$	21.4	  	$	21.5	  	$	991,000
	$	21.5	  	$	21.6	  	$	998,000
	$	21.6	  	$	21.7	  	$	985,000
	$	21.7	  	$	21.8	  	$	1,136,667
	$	21.8	  	$	21.9	  	$	1,126,667
	$	21.9	  	$	22.0	  	$	1,116,667
	$	22.0	  	$	22.1	  	$	1,273,333
	$	22.1	  	$	22.2	  	$	1,233,333
	$	22.2	  	$	22.3	  	$	1,203,333
	$	22.3	  	$	22.4	  	$	1,360,000
	$	22.4	  	$	22.5	  	$	1,350,000
	$	22.5	  	$	22.8	  	$	1,516,667
	$	22.8	  	$	23.1	  	$	1,683,333
	$	23.1	  	 	N/A	  	$	1,850,000



			
		
		  	The maximum amount of the cash payment payable to Sokolowski under the Plan will be $1,850,000.


  


					
	Sokolowski Cash Bonus Plan	  		  	










			
		  	If earned, payments made hereunder will be paid on the date which is 10 business days following the date on which the audited financial statements for fiscal year 2005 are released (the
“Payment Date”).
		
		  	Payments made hereunder will be reduced by the amount of any federal or state tax which the Company determines is required to be withheld under applicable law and regulations. Amounts payable
hereunder are not intended to constitute deferred compensation for purposes of Section 409A of the Internal Revenue Code, as amended, and the Plan shall be construed accordingly.
		
	Key Definitions:	  	“EBITDA” means, for fiscal year 2005, the consolidated earnings of PTHR Holdings, Inc. (“Holdings”) and its subsidiaries, before interest, taxes,
depreciation, amortization and any fees paid to Fenway Partners, Inc. and its affiliates plus or minus (as applicable) any items determined by the Compensation Committee of the Board of Directors of Holdings (the “Compensation
Committee”) in its reasonable discretion to be extraordinary or non-recurring, provided that the Company’s costs incurred in investigating, preparing for and finalizing the Stock Purchase Agreement shall be an extraordinary,
non-recurring expense that shall not be included in the calculation of EBITDA, all as calculated by the Compensation Committee on the basis of the Holdings’ audited consolidated financial statements for fiscal year 2005.
		
		  	“Stock Purchase Agreement” means the Contribution and Share Purchase Agreement by and among Panther II Transportation, Inc., PTHR Holdings, Inc., Panther Acquisition, Inc.
and Ellen A. Amato as trustee of the Amato FLIT Trust U/A/D 12/31/03, Craig T. Amato, individually and as trustee of the 1999 Craig T. Amato Grantor Retained Annuity Trust and Daniel K. Sokolowski, individually and as trustee of the Daniel K.
Sokolowski Revocable Trust U/A dated 2/16/99.
		
	Termination:	  	The Plan will immediately and automatically terminate in the event of an insolvency or bankruptcy of the Company or Holdings.
		
		  	If Sokolowski’s employment with the Company is terminated by the Company or by Sokolowski for any reason prior to the Payment Date, Sokolowsk’s award will immediately and
automatically terminate; provided, however that, in the event of

  


					
	Sokolowski Cash Bonus Plan	  	-2-	  	










			
		  	the death or disability of Sokolowski after December 31, 2005 and prior to the Payment Date, the Company shall pay to the estate of Sokolowski the award, if any, that would have
otherwise been payable to Sokolowski hereunder.
		
		  	Neither the adoption of the Plan nor the grant of an award to Sokolowski will confer upon Sokolowski any right to continue as an employee or in any other position with the Company or any of
its subsidiaries or affiliates or affect in any way the right of the Company or any such subsidiary or affiliate to terminate Sokolowski at any time.
		
		  	The loss of existing or potential profit in awards granted under the Plan will not constitute an element of damages in the event of termination of any employment or other relationship of
Sokolowski with the Company or any of its subsidiaries or affiliates even if the termination is in violation of an obligation of the Company or any of its subsidiaries or affiliates to such Sokolowski by contract or otherwise.

		
	Non-transferability:	  	The award granted to Sokolowski hereunder is non-transferable, except that upon the death or disability of Sokolowski, the award may be transferred by will or by the laws of descent and
distribution.
		
	Administration and Amendment:	  	The Plan will be administered by the Compensation Committee. The Compensation Committee will have the authority to (a) determine the terms and conditions of any award under the Plan; (b)
prescribe the form or forms of any instruments evidencing awards and any other instruments required under the Plan and to change such forms from time to time; (c) adopt, amend and rescind rules and regulations for the administration of the Plan; and
(d) interpret the Plan and any award granted under the Plan and to decide any questions and settle all controversies and disputes that may arise in connection with the Plan or any award granted thereunder. Such determinations of the Compensation
Committee will be conclusive and will bind all parties.

  

					
			
	 /s/ Daniel K. Sokolowski 9/26/05
	 		 	   
	 Daniel K. Sokolowski
	 		 	
	 CEO
	 		 	

  


					
	Sokolowski Cash Bonus Plan	  	-3-	  	









 EXHIBIT 11.1(a) 
 BORROWING BASE CERTIFICATE 
 PANTHER II TRANSPORTATION, INC. 
 Date:                        
, 200     
 This Borrowing Base Certificate (this “Certificate”) is given by PANTHER II
TRANSPORTATION, INC., an Ohio corporation (“Borrower”), pursuant to subsection 4.2(d) of that certain Amended and Restated Credit Agreement dated as of January 11, 2006 among Borrower, Antares Capital Corporation, as agent
(“Agent”), and the financial institutions party thereto as lenders (collectively, the “Lenders”), as such agreement may have been further amended, restated, supplemented or otherwise modified from time to time (the “Credit
Agreement”). Capitalized terms used herein without definition shall have the meanings set forth in the Credit Agreement. 
 The officer
executing this Certificate is a Responsible Officer of Borrower and as such is duly authorized to execute and deliver this Certificate on behalf of Borrower. By executing this Certificate such officer hereby certifies to Agent and Lenders that:

  

	 	(a)	attached is a schedule of the Borrowing Base (Exhibit A) of Borrower as of the above date and the calculations made with respect thereto; 

  

	 	(b)	based on such schedule, the Borrowing Base as of the above date is: 

 $                                      
   
  


					
	Borrowing Base Certificate	  	1	  	









 IN WITNESS WHEREOF, the Borrower has caused this Certificate to be executed by one of its Responsible
Officers this              day of January, 2006. 
  

			
	 PANTHER II TRANSPORTATION, INC., an
 Ohio corporation, as the Borrower

		
	By:	 	  
	Name:	 	  
	Title:	 	  


  


					
	Borrowing Base Certificate	  	2	  	









 EXHIBIT A TO EXHIBIT 11.1(a) 
 BORROWING BASE CERTIFICATE 
  

			
	Accounts of the Borrower. Accounts means on any date of determination, all “accounts” (as such term is defined in the UCC) of Borrower and its Subsidiaries, including, without
limitation, the unpaid portion of the obligations of a customer of Borrower or one of its Subsidiaries in respect of Inventory purchased by and shipped to such customer and/or the rendition of services by Borrower or such Subsidiary, as stated on
the invoice of Borrower or such Subsidiary, net of any credits, rebates or offsets owed to such customer.	  	$                            
		
	 Less Ineligible Accounts:
	  	
		
	 (a)    Accounts that are unpaid more than ninety (90) days after the invoice date
	  	_______________
		
	 (b)    Accounts that are owed by an Account Debtor who is obligated on Accounts owed to Borrower and its Subsidiaries more
than twenty-five percent (25%) of the aggregate unpaid balance of which have been past due for longer than the relevant period specified in clause (a) above, unless the Agent has approved the continued eligibility thereof
	  	_______________
		
	 (c)    Accounts that do not arise out of the sale by Borrower or one of its Subsidiaries of finished goods Inventory
and/or the rendition by Borrower or one of its Subsidiaries of services to an Account Debtor located within the United States of America or Canada, or, if located outside of the United States of America or Canada, if such Accounts are not backed by
a letter of credit issued or confirmed by either (i) a bank which is organized under the laws of the United States of America or a state thereof and which has capital, surplus and undivided profits in excess of $250,000,000, or (ii) an
office located in the United States of America of a foreign bank, which bank has been approved in advance by the Agent in its sole discretion and which letter of credit has been delivered to the Agent as Collateral
	  	_______________

  

 1 









			
	 (d)    Accounts where the Account Debtor is (i) an Affiliate of the Borrower, (ii) a director, officer or employee of the
Borrower or an Affiliate of the Borrower, (iii) the United States of America or any department, agency or instrumentality thereof unless the aggregate outstanding amount of such Accounts do not exceed $250,000 or the Borrower or its Subsidiary shall
have complied with the Federal Assignment of Claims Act of 1940, as amended, to the satisfaction of the Agent, (iv) a debtor under any proceeding under the Bankruptcy Code or any other comparable bankruptcy or insolvency law applicable under the law
of any other country or political subdivision thereof, other than, at the sole discretion of the Agent, Accounts that arise out of the sale by Borrower or one of its Subsidiaries of finished goods Inventory and/or the rendition by Borrower or one of
its Subsidiaries of services to an Account Debtor, in each case after the filing date of any such proceeding, or (v) an assignor for the benefit of creditors
	 	_______________
		
	 (e)    Accounts that are not subject to a first priority perfected Lien in favor of the Agent for the benefit of the Agent
and the Lenders, or Accounts which are subject to any Lien other than Permitted Liens
	 	_______________
		
	 (f)     Accounts with respect to which there is an unresolved dispute (but only to the extent of the disputed
amount)
	 	_______________
		
	 (g)    Accounts to the extent that including such Accounts as Eligible Accounts would cause the total Eligible Accounts
owing from the Account Debtors obligated thereon or their Affiliates to exceed twenty percent (20%) of all Eligible Accounts
	 	_______________
		
	 (h)    Accounts that arise from a sale to an Account Debtor on a bill-and-hold guaranteed sale, sale-or-return,
sale-on-approval, consignment or any other repurchase or return basis or with respect to which the obligations of the applicable Account Debtor thereon are contingent upon any further performance or delivery to be made by the Borrower or one of its
Subsidiaries
	 	_______________
		
	 (i)     Accounts that are not payable in United States Dollars
	 	_______________

  

 2 









					
	 Advance Rate
	  	 	85	%
		
	 85% Advance Rate Subtotal
	  	 	$                        	 
		
	 Plus: Accounts (in an aggregate amount of up to $666,667 at any time outstanding) that are unpaid more than ninety (90) days, but less
than one hundred twenty (120) days after the invoice date, and that are not “Ineligible Accounts” pursuant to any of the criteria set forth in clauses (b) – (i) above
	  	 	$                         	 
		
	 Advance Rate
	  	 	75	%
		
	 75% Advance Rate Subtotal
	  	$	                        	 
		
	 Borrowing Base
	  	$	                        	 

  

 3 








 EXHIBIT 11.1(b) 
 FORM OF 
 NOTICE OF BORROWING 
                         , 200   
 Antares Capital Corporation, 
 as Agent 
 311 South Wacker Drive 
 Suite 4400 
 Chicago, Illinois 60606 
 Gentlemen: 
 Reference is made to the Amended and Restated Credit Agreement dated January 11, 2006 (the “Credit Agreement”) among Antares Capital Corporation, as Agent for the benefit of all Lenders, the Lenders who
are parties thereto and the undersigned, Panther Transportation II, Inc., an Ohio corporation. All capitalized terms used but not defined herein shall have the respective meanings ascribed thereto in the Credit Agreement. 
 Pursuant to Section 1.5 of the Credit Agreement, Borrower hereby notifies Agent that on
                    , 200  , Borrower desires to borrow an aggregate principal amount of
$                     of the Revolving Loan, which amount, when taken together with the outstanding principal balance of the Revolving Loan
and any Letter of Credit Participation Liability on the date hereof, will not exceed the Maximum Revolving Loan Balance. 
 The disbursement
of the portion of the Revolving Loan hereby requested shall be a (check applicable blanks): 
  

	 	 ̈	Base Rate Loan; or 

  

	 	 ̈	LIBOR Rate Loan having an Interest Period of: 

  

	 	 ̈	one month 

  

	 	 ̈	two months 

  

	 	 ̈	three months 

  

	 	 ̈	six months 








 Borrower acknowledges that this Notice of Borrowing and acceptance by Borrower of the proceeds of the
Revolving Loan contemplated hereby constitute a representation and warranty that the conditions contained in Section 2.2 of the Credit Agreement have been satisfied. 
  

			
	 Very truly yours,

	
	PANTHER TRANSPORTATION II, INC., an Ohio corporation, as the Borrower
		
	By:	 	  
	 Name:
	 	  
	 Title:
	 	  









 EXHIBIT 11.1(c) 
 FORM OF 
 NOTICE OF CONTINUATION/CONVERSION 
                      ,200   
 Antares Capital Corporation, as Agent 
 311 South Wacker Drive 
 Suite 4400 
 Chicago, Illinois 60606 
 Ladies and Gentlemen: 
 We refer to the Amended and Restated Credit Agreement dated as of January 11,
2006 (as the same has been or may hereafter be amended, modified or supplemented, the “Credit Agreement”) between the undersigned, Antares Capital Corporation, as Agent and the lenders who are parties thereto. Capitalized terms used but
not defined herein have the meanings given to them in the Credit Agreement. 
 Pursuant to subsection 1.6(b) of the Credit Agreement,
Borrower hereby makes a request to: 
 (a) convert to a LIBOR Rate Loan with an Interest Period of [1, 2, 3 or 6]
months $                     [to convert to a LIBOR Rate Loan, said amount must be a minimum of $100,000 and integral multiples of
$50,000 in excess thereof] of presently outstanding [Revolving Loans] [Term Loan] Base Rate Loans. 
 (b) continue as a LIBOR Rate Loan $                     [must be a minimum of $100,000 and integral multiples of $50,000 in
excess thereof] of presently outstanding [Revolving Loans] [Term Loan] LIBOR Rate Loans with an Interest Period expiration date of
                    , 200  . The Interest Period for such LIBOR Rate Loan is requested to be a [1, 2, 3 or 6] month
period. 
 The undersigned hereby represents and warrants that, both before and after giving effect to the conversion or continuation request
above, the conditions in Section 2.2 of the Credit Agreement are satisfied. 
  

			
	 Sincerely,

	
	PANTHER TRANSPORTATION II, INC., an Ohio corporation, as the Borrower
		
	By	 	  
	Its	 	  









 EXHIBIT 11.1(e) 
 FORM OF AMENDED AND SUBSTITUTED TERM NOTE 
  

			
	 $                            
	  	January         , 2006
		  	Chicago, Illinois

 FOR VALUE RECEIVED, the undersigned, PANTHER II TRANSPORTATION, INC., an Ohio
corporation (“Borrower”), hereby unconditionally promises to pay to the order of
                                        
            , a
                                 corporation (“Lender”), at Agent’s
office at 311 South Wacker Drive, Suite 4400, Chicago, Illinois 60606, or at such other place as the Agent may from time to time designate in writing, in lawful money of the United States of America and in immediately available funds, the principal
sum of
                                       
          AND NO/100 DOLLARS
($                            ), or, if less, the aggregate unpaid principal amount of all
advances made pursuant to subsection 1.1(a) of the “Credit Agreement” (as hereinafter defined), at such times as are specified in, and in accordance with the provisions of, the Credit Agreement. This Amended and Substituted Term Note
is referred to in and was executed and delivered pursuant to that certain Amended and Restated Credit Agreement dated as of January 11, 2006 (the “Credit Agreement”) among Borrower, Antares Capital Corporation, a Delaware corporation,
as Agent for the benefit of all Lenders, and the lenders who are parties thereto, to which reference is hereby made for a statement of the terms and conditions under which the Term Loan evidenced hereby was made and is to be repaid. All terms which
are capitalized and used herein (which are not otherwise specifically defined herein) and which are defined in the Credit Agreement shall be used in this Term Note as defined in the Credit Agreement. This Term Note is secured by the Collateral.

 Borrower further promises to pay interest on the outstanding unpaid principal amount hereof, as provided in the Credit Agreement, from the
date hereof until payment in full hereof at the applicable rate specified in subsection 1.3(a) of the Credit Agreement; provided, however, that if Agent or Required Lenders so elect, following the occurrence and during the continuance
of an Event of Default under subsections 4.1, 4.2(b), 7.1(a) or, as a result of the Borrower’s failure to observe any of the covenants contained in Article VI hereof, 7.1(c) (or automatically while any Event of Default under subsections
7.1(f), 7.1(g) or 7.1(m)(iv) exists), Borrower promises to pay to Lender interest on the unpaid principal amount hereof at the applicable rate specified in subsection 1.3(c) of the Credit Agreement. Interest shall be payable in arrears on the dates
specified in subsection 1.3(b) of the Credit Agreement, on the date of any prepayment in full and at maturity, whether by acceleration or otherwise. 
 If a payment hereunder becomes due and payable on a day that is not a Business Day, the payment may be made on the next succeeding Business Day, and such extension of time shall be included in the computation of the
amount of interest due on such succeeding Business Day. Anything herein to the contrary notwithstanding, the obligations of Borrower hereunder shall be subject to the limitation that payments of interest shall not be required, for any period for
which interest is computed hereunder, to the extent (but only to the extent) that contracting for or receiving such payment by the Lender would be contrary to the provisions of any law applicable to Lender limiting the highest rate of interest which
may be lawfully contracted for, charged or 








 
received by Lender, and in such event Borrower shall pay Lender interest at the highest rate permitted by applicable law. 
 If any suit or action is instituted or attorneys are employed to collect this Term Note or any part thereof, Borrower hereby promises and agrees to pay
all costs of collection, including reasonable attorneys’ fees and court costs. 
 Borrower and each endorser, guarantor and surety of
this Term Note hereby waives presentment for payment, protest and demand, and notice of demand, protest, dishonor and nonpayment of this Term Note. Except as provided in the Credit Agreement, Borrower also waives all rights to notice and hearing of
any kind upon the occurrence of an Event of Default and prior to the exercise by Agent of its rights to repossess the Collateral without judicial process or to replevy, attach or levy upon the Collateral without notice or hearing. 
 THIS TERM NOTE HAS BEEN DELIVERED AT AND SHALL BE DEEMED TO HAVE BEEN MADE AT NEW YORK, NEW YORK AND SHALL PURSUANT TO NEW YORK GENERAL OBLIGATIONS
LAW SECTION 5-1401 BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK; PROVIDED THAT THE AGENT AND THE LENDERS SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW. Whenever possible
each provision of this Term Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Term Note shall be prohibited by or invalid under applicable law, such provision shall be
ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Term Note. Whenever in this Term Note reference is made to Agent, Lender or Borrower, such
reference shall be deemed to include, as applicable, a reference to their respective successors and assigns. The provisions of this Term Note shall be binding upon and shall inure to the benefit of such successors and assigns. Borrower’s
successors and assigns shall include, without limitation, a receiver, trustee or debtor in possession of or for Borrower. 
 This Term Note
is in partial substitution for and replacement of certain Term Notes A and Term Notes B in the original aggregate principal amount of
$                        , made by Borrower to certain lenders under the Original Credit Agreement (as such Term Notes A
and Term Notes B shall have been amended and substituted prior to the date hereof, collectively, the “Original Notes”), and is made in substitution of such Original Notes and not in satisfaction of any portion of such Original Notes. This
Term Note shall not be deemed to constitute a novation. 







 IN WITNESS WHEREOF, Borrower has executed this Term Note as of the day and year first written
above. 
  

			
	 PANTHER II TRANSPORTATION, INC.,
 an Ohio corporation, as the Borrower

		
	 By:
	 	  
	 Title:
	 	  









 EXHIBIT 11.1(d) 
 FORM OF AMENDED AND SUBSTITUTED REVOLVING NOTE 
  

			
	$                            	  	January     , 2006
		  	Chicago, Illinois

 FOR VALUE RECEIVED, the undersigned, PANTHER II TRANSPORTATION, INC., an Ohio
corporation (“Borrower”), hereby unconditionally promises to pay to the order of
                                , a
                     corporation (“Lender”), at Agent’s office at 311 South Wacker Drive, Suite 4400 Chicago, Illinois 60606,
or at such other place as the Agent may from time to time designate in writing, in lawful money of the United States of America and in immediately available funds, the principal sum of
                     AND NO/100 DOLLARS
($                        ), or, if less, the aggregate unpaid principal amount of all advances made pursuant to
subsection 1.1(b) of the “Credit Agreement” (as hereinafter defined), at such times as are specified in, and in accordance with the provisions of, the Credit Agreement. This Amended and Substituted Revolving Note is referred to in and
was executed and delivered pursuant to that certain Amended and Restated Credit Agreement dated as of January 11, 2006 (the “Credit Agreement”) among Borrower, Antares Capital Corporation, a Delaware corporation, as Agent for the
benefit of all Lenders, and the Lenders who are parties thereto, to which reference is hereby made for a statement of the terms and conditions under which the Revolving Loan evidenced hereby was made and is to be repaid. All terms which are
capitalized and used herein (which are not otherwise specifically defined herein) and which are defined in the Credit Agreement shall be used in this Revolving Note as defined in the Credit Agreement. This Revolving Note is secured by the
Collateral. 
 Borrower further promises to pay interest on the outstanding unpaid principal amount hereof, as provided in the Credit
Agreement, from the date hereof until payment in full hereof at the applicable rate specified in subsection 1.3(a) of the Credit Agreement; provided, however, that if Agent or Required Lenders so elect, following the occurrence and
during the continuance of an Event of Default under subsections 4.1, 4.2(b), 7.1(a) or, as a result of the Borrower’s failure to observe any of the covenants contained in Article VI hereof, 7.1(c) (or automatically while any Event of
Default under subsections 7.1(f), 7.1(g) or 7.1(m)(iv) exists), Borrower promises to pay to Lender interest on the unpaid principal amount hereof at the applicable rate specified in subsection 1.3(c) of the Credit Agreement. Interest shall be
payable in arrears on the dates specified in subsection 1.3(b) of the Credit Agreement, on the date of any prepayment in full and at maturity, whether by acceleration or otherwise. 
 If a payment hereunder becomes due and payable on a day that is not a Business Day, the payment may be made on the next succeeding Business Day, and such
extension of time shall be included in the computation of the amount of interest due on such succeeding Business Day. Anything herein to the contrary notwithstanding, the obligations of Borrower hereunder shall be subject to the limitation that
payments of interest shall not be required, for any period for which interest is computed hereunder, to the extent (but only to the extent) that contracting for or receiving such payment by the Lender would be contrary to the provisions of any law
applicable to Lender limiting the highest rate of interest which may be lawfully contracted for, charged or 

  

 1 








 
received by Lender, and in such event Borrower shall pay Lender interest at the highest rate permitted by applicable law. 
 If any suit or action is instituted or attorneys are employed to collect this Revolving Note or any part thereof, Borrower hereby promises and agrees to
pay all costs of collection, including reasonable attorneys’ fees and court costs. 
 Borrower and each endorser, guarantor and surety
of this Revolving Note hereby waives presentment for payment, protest and demand, and notice of demand, protest, dishonor and nonpayment of this Revolving Note. Except as provided in the Credit Agreement, Borrower also waives all rights to notice
and hearing of any kind upon the occurrence of an Event of Default and prior to the exercise by Agent of its rights to repossess the Collateral without judicial process or to replevy, attach or levy upon the Collateral without notice or hearing.

 THIS REVOLVING NOTE HAS BEEN DELIVERED AT AND SHALL BE DEEMED TO HAVE BEEN MADE AT NEW YORK, NEW YORK AND SHALL PURSUANT TO NEW YORK
GENERAL OBLIGATIONS LAW SECTION 5-1401 BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK; PROVIDED THAT THE AGENT AND THE LENDERS SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW.
Whenever possible each provision of this Revolving Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Revolving Note shall be prohibited by or invalid under applicable law,
such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Revolving Note. Whenever in this Revolving Note reference is made to Agent,
Lender or Borrower, such reference shall be deemed to include, as applicable, a reference to their respective successors and assigns. The provisions of this Revolving Note shall be binding upon and shall inure to the benefit of such successors and
assigns. Borrower’s successors and assigns shall include, without limitation, a receiver, trustee or debtor in possession of or for Borrower. 
 This Revolving Note is in partial substitution for and replacement of certain Revolving Notes in the original aggregate principal amount of
$                    , made by Borrower to certain lenders under the Original Credit Agreement (as such Revolving Notes shall have been
amended and substituted prior to the date hereof, collectively, the “Original Notes”), and is made in substitution of such Original Notes and not in satisfaction of any portion of such Original Notes. This Revolving Note shall not be
deemed to constitute a novation. 
  

 2 








 IN WITNESS WHEREOF, Borrower has executed this Revolving Note as of the day and year first written
above. 
  

			
	 PANTHER II TRANSPORTATION, INC., an
 Ohio corporation, as the Borrower

		
	By:	 	  



			
	Title:	 	  


  

 3 








 EXHIBIT 11.1(e) 
 FORM OF AMENDED AND SUBSTITUTED TERM NOTE 
  

			
	 $                            
	  	January     , 2006
		  	Chicago, Illinois

 FOR VALUE RECEIVED, the undersigned, PANTHER II TRANSPORTATION, INC., an Ohio
corporation (“Borrower”), hereby unconditionally promises to pay to the order of
                                    , a
                                     corporation
(“Lender”), at Agent’s office at 311 South Wacker Drive, Suite 4400, Chicago, Illinois 60606, or at such other place as the Agent may from time to time designate in writing, in lawful money of the United States of America and in
immediately available funds, the principal sum of                                 
AND NO/100 DOLLARS ($                                 ), or, if less, the
aggregate unpaid principal amount of all advances made pursuant to subsection 1.1 (a) of the “Credit Agreement” (as hereinafter defined), at such times as are specified in, and in accordance with the provisions of, the Credit
Agreement. This Amended and Substituted Term Note is referred to in and was executed and delivered pursuant to that certain Amended and Restated Credit Agreement dated as of January 11, 2006 (the “Credit Agreement”) among Borrower,
Antares Capital Corporation, a Delaware corporation, as Agent for the benefit of all Lenders, and the lenders who are parties thereto, to which reference is hereby made for a statement of the terms and conditions under which the Term Loan evidenced
hereby was made and is to be repaid. All terms which are capitalized and used herein (which are not otherwise specifically defined herein) and which are defined in the Credit Agreement shall be used in this Term Note as defined in the Credit
Agreement. This Term Note is secured by the Collateral. 
 Borrower further promises to pay interest on the outstanding unpaid principal
amount hereof, as provided in the Credit Agreement, from the date hereof until payment in full hereof at the applicable rate specified in subsection 1.3(a) of the Credit Agreement; provided, however, that if Agent or Required Lenders
so elect, following the occurrence and during the continuance of an Event of Default under subsections 4.1, 4.2(b), 7.1 (a) or, as a result of the Borrower’s failure to observe any of the covenants contained in Article VI hereof, 7.1(c)
(or automatically while any Event of Default under subsections 7.1(f), 7.1(g) or 7.1(m)(iv) exists), Borrower promises to pay to Lender interest on the unpaid principal amount hereof at the applicable rate specified in subsection 1.3(c) of the
Credit Agreement. Interest shall be payable in arrears on the dates specified in subsection 1.3(b) of the Credit Agreement, on the date of any prepayment in full and at maturity, whether by acceleration or otherwise. 
 If a payment hereunder becomes due and payable on a day that is not a Business Day, the payment may be made on the next succeeding Business Day, and such
extension of time shall be included in the computation of the amount of interest due on such succeeding Business Day. Anything herein to the contrary notwithstanding, the obligations of Borrower hereunder shall be subject to the limitation that
payments of interest shall not be required, for any period for which interest is computed hereunder, to the extent (but only to the extent) that contracting for or receiving such payment by the Lender would be contrary to the provisions of any law
applicable to Lender limiting the highest rate of interest which may be lawfully contracted for, charged or received by Lender, and in such event Borrower shall pay Lender interest at the highest rate permitted by applicable law. 







 If any suit or action is instituted or attorneys are employed to collect this Term Note or any part
thereof, Borrower hereby promises and agrees to pay all costs of collection, including reasonable attorneys’ fees and court costs. 
 Borrower and each endorser, guarantor and surety of this Term Note hereby waives presentment for payment, protest and demand, and notice of demand, protest, dishonor and nonpayment of this Term Note. Except as provided in the Credit
Agreement, Borrower also waives all rights to notice and hearing of any kind upon the occurrence of an Event of Default and prior to the exercise by Agent of its rights to repossess the Collateral without judicial process or to replevy, attach or
levy upon the Collateral without notice or hearing. 
 THIS TERM NOTE HAS BEEN DELIVERED AT AND SHALL BE DEEMED TO HAVE BEEN MADE AT NEW
YORK, NEW YORK AND SHALL PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401 BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK; PROVIDED THAT THE AGENT AND THE LENDERS SHALL
RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW. Whenever possible each provision of this Term Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Term Note shall be prohibited by
or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Term Note. Whenever in this Term Note
reference is made to Agent, Lender or Borrower, such reference shall be deemed to include, as applicable, a reference to their respective successors and assigns. The provisions of this Term Note shall be binding upon and shall inure to the benefit
of such successors and assigns. Borrower’s successors and assigns shall include, without limitation, a receiver, trustee or debtor in possession of or for Borrower. 
 This Term Note is in partial substitution for and replacement of certain Term Notes A and Term Notes B in the original aggregate principal amount of
$                        , made by Borrower to certain lenders under the Original Credit Agreement (as such Term Notes A
and Term Notes B shall have been amended and substituted prior to the date hereof, collectively, the “Original Notes”), and is made in substitution of such Original Notes and not in satisfaction of any portion of such Original Notes. This
Term Note shall not be deemed to constitute a novation. 







 IN WITNESS WHEREOF, Borrower has executed this Term Note as of the day and year first written
above. 
  

			
	 PANTHER II TRANSPORTATION, INC., an
 Ohio corporation, as the Borrower

		
	 By:
	 	  
	 Title:
	 	  









 EXHIBIT 11.1(f) 
 FORM OF SWING LINE NOTE 
  

			
	$2,000,000	  	January     , 2006
		  	Chicago, Illinois

 FOR VALUE RECEIVED, the undersigned, PANTHER II TRANSPORTATION, INC., an Ohio
corporation (“Borrower”), hereby unconditionally promises to pay to the order of ANTARES CAPITAL CORPORATION, a Delaware corporation (“Lender”), at Agent’s office at 311 South Wacker Drive, Suite 4400 Chicago,
Illinois 60606, or at such other place as the Agent may from time to time designate in writing, in lawful money of the United States of America and in immediately available funds, the principal sum of TWO MILLION AND NO/100 DOLLARS ($2,000,000),
or, if less, the aggregate unpaid principal amount of all advances made pursuant to subsection 1.1(d) of the “Credit Agreement” (as hereinafter defined), at such times as are specified in, and in accordance with the provisions of,
the Credit Agreement. This Swing Line Note is referred to in and was executed and delivered pursuant to that certain Amended and Restated Credit Agreement dated as of January 11, 2006 (the “Credit Agreement”) among Borrower, Antares
Capital Corporation, a Delaware corporation, as Agent for the benefit of all Lenders, and the Lenders who are parties thereto, to which reference is hereby made for a statement of the terms and conditions under which the Swing Line Loan evidenced
hereby was made and is to be repaid. All terms which are capitalized and used herein (which are not otherwise specifically defined herein) and which are defined in the Credit Agreement shall be used in this Swing Line Note as defined in the Credit
Agreement. This Swing Line Note is secured by the Collateral. 
 Borrower further promises to pay interest on the outstanding unpaid
principal amount hereof, as provided in the Credit Agreement, from the date hereof until payment in full hereof at the applicable rate specified in subsection 1.3(a) of the Credit Agreement; provided, however, that if Agent or Required
Lenders so elect, following the occurrence and during the continuance of an Event of Default under subsections 4.1, 4.2(b), 7.1(a) or, as a result of the Borrower’s failure to observe any of the covenants contained in Article VI hereof,
7.1(c) (or automatically while any Event of Default under subsections 7.1(f), 7.1(g) or 7.1(m)(iv) exists), Borrower promises to pay to Lender interest on the unpaid principal amount hereof at the applicable rate specified in subsection 1.3(c) of
the Credit Agreement. Interest shall be payable in arrears on the dates specified in subsection 1.3(b) of the Credit Agreement, on the date of any prepayment in full and at maturity, whether by acceleration or otherwise. 
 If a payment hereunder becomes due and payable on a day that is not a Business Day, the payment may be made on the next succeeding Business Day, and such
extension of time shall be included in the computation of the amount of interest due on such succeeding Business Day. Anything herein to the contrary notwithstanding, the obligations of Borrower hereunder shall be subject to the limitation that
payments of interest shall not be required, for any period for which interest is computed hereunder, to the extent (but only to the extent) that contracting for or receiving such payment by the Swing Line Lender would be contrary to the provisions
of any law applicable to Swing Line Lender limiting the highest rate of interest which may be lawfully 

  

 1 








 
contracted for, charged or received by Lender, and in such event Borrower shall pay Swing Line Lender interest at the highest rate permitted by applicable
law. 
 If any suit or action is instituted or attorneys are employed to collect this Swing Line Note or any part thereof, Borrower hereby
promises and agrees to pay all costs of collection, including reasonable attorneys’ fees and court costs. 
 Borrower and each endorser,
guarantor and surety of this Swing Line Note hereby waives presentment for payment, protest and demand, and notice of demand, protest, dishonor and nonpayment of this Swing Line Note. Except as provided in the Credit Agreement, Borrower also waives
all rights to notice and hearing of any kind upon the occurrence of an Event of Default and prior to the exercise by Agent of its rights to repossess the Collateral without judicial process or to replevy, attach or levy upon the Collateral without
notice or hearing. 
 THIS SWING LINE NOTE HAS BEEN DELIVERED AT AND SHALL BE DEEMED TO HAVE BEEN MADE AT NEW YORK, NEW YORK AND SHALL
PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401 BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK; PROVIDED THAT THE AGENT AND THE LENDERS SHALL RETAIN ALL RIGHTS ARISING
UNDER FEDERAL LAW. Whenever possible each provision of this Swing Line Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Swing Line Note shall be prohibited by or invalid
under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Swing Line Note. Whenever in this Swing Line Note
reference is made to Agent, Lender or Borrower, such reference shall be deemed to include, as applicable, a reference to their respective successors and assigns. The provisions of this Swing Line Note shall be binding upon and shall inure to the
benefit of such successors and assigns. Borrower’s successors and assigns shall include, without limitation, a receiver, trustee or debtor in possession of or for Borrower. 
 This Swing Line Note is in partial substitution for and replacement of certain Revolving Notes in the original aggregate principal amount of
$                    , made by Borrower to certain lenders under the Original Credit Agreement (as such Revolving Notes shall have been
amended and substituted prior to the date hereof, collectively, the “Original Notes”), and is made in substitution of such Original Notes and not in satisfaction of any portion of such Original Notes. This Swing Line Note shall not be
deemed to constitute a novation. 
  

 2 








 IN WITNESS WHEREOF, Borrower has executed this Swing Line Note as of the day and year first
written above. 
  

			
	PANTHER II TRANSPORTATION, INC., an Ohio corporation, as the Borrower
		
	By:	 	  
	 Title:
	 	  


  

 3