INDICATED ON THE FIRST PAGE
OF THIS AGREEMENT, OR TO SUCH OTHER ADDRESSES AS THE PARTIES SHALL PROVIDE BY
NOTICE. ALL NOTICES REQUIRED TO BE GIVEN TO THE BORROWER HEREUNDER OR UNDER ANY
DOCUMENT EXECUTED IN CONNECTION HEREWITH SHALL ALSO BE GIVEN TO THE GUARANTOR AT
THE ADDRESS PROVIDED IN THIS PARAGRAPH 7.
IN ADDITION, ALL NOTICES TO THE
GUARANTOR HEREUNDER OR UNDER ANY DOCUMENT EXECUTED IN CONNECTION HEREWITH SHALL
BE GIVEN TO THE GUARANTOR AT THE FOLLOWING ADDRESS:
4
Consolidated Graphics, Inc.
5858 Westheimer Road, Suite 200
Houston, Texas
77057
Attention:
Chief Financial Officer
8.
THIS AGREEMENT SHALL BE BINDING UPON, AND SHALL INURE TO THE
BENEFIT OF, THE SUCCESSORS AND ASSIGNS OF THE BORROWER AND THE LENDER. THIS
AGREEMENT, THE NOTES AND THE DOCUMENTS EXECUTED IN CONNECTION HEREWITH OR AS
SECURITY FOR THE NOTES MAY BE ASSIGNED, TRANSFERRED, PLEDGED, OR PARTICIPATED TO
ANY OTHER PERSON OR ENTITY ONLY UPON PRIOR WRITTEN NOTICE TO BORROWER OF AT
LEAST FIVE (5) BUSINESS DAYS. THE LENDER AGREES THAT, IN THE EVENT OF ANY
TRANSFER BY IT OF THE NOTE, IT WILL ENDORSE THEREON A NOTATION AS TO THE PORTION
OF THE PRINCIPAL OF THE NOTE WHICH SHALL HAVE BEEN PAID AT THE TIME OF SUCH
TRANSFER AND AS TO THE DATE TO WHICH INTEREST SHALL HAVE BEEN PAID THEREON.
9.
THE OBLIGATIONS OF THE BORROWER UNDER THIS AGREEMENT SHALL CEASE
AND TERMINATE WHEN ALL PRINCIPAL, INTEREST AND OTHER AMOUNTS PAYABLE OR DUE
HEREUNDER HAVE BEEN INDEFEASIBLY PAID IN FULL, WHETHER AT MATURITY OF THE NOTE,
BY ACCELERATION, BY PREPAYMENT OR OTHERWISE.
UPON TERMINATION OF THIS AGREEMENT
LENDER SHALL, AT BORROWER'S REQUEST, EXECUTE AND DELIVER TO BORROWER THE
DOCUMENTS OR INSTRUMENTS NECESSARY TO EVIDENCE THE TERMINATION OF ITS SECURITY
INTEREST UNDER THIS AGREEMENT.
10.
THIS AGREEMENT MAY BE EXECUTED BY THE BORROWER AND THE LENDER IN
COUNTERPARTS, EACH OF WHICH WHEN SO EXECUTED SHALL BE DEEMED TO BE AN ORIGINAL,
AND ALL SUCH COUNTERPARTS TOGETHER SHALL CONSTITUTE BUT ONE AGREEMENT.
11.
BORROWER AND LENDER ACKNOWLEDGE THAT REVISED ARTICLE 9 OF THE
UNIFORM COMMERCIAL CODE, ("REVISED ARTICLE 9"), HAS BEEN ADOPTED BY THE
APPLICABLE JURISDICTION(S)GOVERNING THE EQUIPMENT AND THIS TRANSACTION. LENDER
MAY AT ANY TIME AND FROM TIME TO TIME FILE FINANCING STATEMENTS, CONTINUATION
STATEMENTS AND AMENDMENTS THERETO THAT DESCRIBE THE COLLATERAL AND WHICH CONTAIN
ANY OTHER INFORMATION REQUIRED BY PART 5 OF REVISED ARTICLE 9 FOR THE
SUFFICIENCY OR FILING OFFICE ACCEPTANCE OF ANY FINANCING STATEMENT, CONTINUATION
STATEMENT OR AMENDMENT, INCLUDING WHETHER BORROWER IS AN ORGANIZATION, THE TYPE
OF ORGANIZATION AND ANY ORGANIZATION IDENTIFICATION NUMBER ISSUED TO SUCH
BORROWER, IF BORROWER FAILS TO EXECUTE AND RETURN TO LENDER OR OBJECT TO ANY
DOCUMENT REASONABLY REQUESTED IN WRITING BY THE LENDER WITHIN FIVE (5) BUSINESS
DAYS FROM SUCH REQUEST. BORROWER AGREES TO FURNISH ANY SUCH INFORMATION TO
LENDER PROMPTLY UPON REQUEST. ANY SUCH FINANCING STATEMENTS, CONTINUATION
STATEMENTS OR AMENDMENTS MAY BE SIGNED BY LENDER ON BEHALF OF BORROWER AND MAY
BE FILED AT ANY TIME IN ANY JURISDICTION WHETHER OR NOT REVISED