Document:

exv10w2

Exhibit
10.2

EXECUTION COPY

INTERCREDITOR AGREEMENT

 

 

     Intercreditor Agreement (this “Agreement”), dated as of April 26, 2011, among BANK OF
AMERICA, N.A., as first lien administrative agent and first lien collateral agent (in such
capacity, with its successors and assigns, and as more specifically defined below, the “First
Priority Representative”) for the First Priority Secured Parties (such term, and other
capitalized terms used herein but not otherwise defined, having the meaning set forth in Section
1.1 below), U.S. NATIONAL BANK ASSOCIATION, as Trustee and as Second Priority Agent (in such
capacity, with its successors and assigns, and as more specifically defined below, the “Second
Priority Representative”) for the Second Priority Secured Parties, COMMERCIAL VEHICLE GROUP,
INC., a Delaware corporation (the “Company”) and each of the other Loan Parties party
hereto.

     WHEREAS, the Company, the other borrowers party thereto, the First Priority Representative and
certain financial institutions and other entities are parties to a First Lien Loan and Security
Agreement, dated as of January 7, 2009, as amended and restated as of the date hereof (as further
amended, restated, supplemented or otherwise modified from time to time, the “Existing First
Priority Agreement”), pursuant to which such financial institutions and other entities have
agreed to make loans and extend other financial accommodations to the Company and the other
borrowers party thereto;

     WHEREAS, the Company, the subsidiary guarantors party thereto and the Second Priority
Representative are parties to an Indenture, dated as of the date hereof (the “Existing Second
Priority Agreement”), pursuant to which the Company intends to issue certain notes (the
“Notes”) guaranteed by each other Loan Party party thereto;

     WHEREAS, the Company and the other Loan Parties have granted to the First Priority
Representative security interests in the Common Collateral as security for payment and performance
of the First Priority Obligations;

     WHEREAS, the Company and the other Loan Parties propose to grant to the Second Priority
Representative junior security interests in the Common Collateral as security for payment and
performance of the Second Priority Obligations; and

     WHEREAS, it is a condition to the grant of such junior security interests that this Agreement
be executed and delivered by the parties hereto to set forth the respective rights of the First
Priority Secured Parties, on the one hand, and the Second Priority Secured Parties, on the other
hand, and the application of any proceeds and certain other matters;

     NOW THEREFORE, in consideration of the foregoing and the mutual covenants herein contained and
other good and valuable consideration, the existence and sufficiency of which is expressly
recognized by all of the parties hereto, the parties agree as follows:

     SECTION 1. DEFINITIONS.

     1.1. Defined Terms. The following terms, as used herein, have the following meanings:

     “Additional Debt” has the meaning assigned to such term in Section 9.3(b).

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     “Additional First Priority Agreement” means any agreement designated as such in
writing (including by addendum to this Agreement) by the First Priority Representative in
accordance with the terms of the First Priority Agreement.

     “Additional Second Priority Agreement” means any agreement designated as such in
writing (including by addendum to this Agreement) by the Second Priority Representative in
accordance with the terms of the Second Priority Agreement.

     “Agreement” has the meaning assigned to such term in the preamble hereto.

     “Bankruptcy Code” means the United States Bankruptcy Code (11 U.S.C. §101 et seq.), as
amended from time to time.

     “Bankruptcy Law” means each of the Bankruptcy Code and any similar federal, state or
foreign bankruptcy, insolvency, reorganization, receivership or similar law.

     “BofA” Bank of America, N.A.

     “Cash Management Obligations” means, with respect to any Loan Party, (i) any “Cash
Management Services” as defined in the Existing First Priority Agreement and (ii) any other
obligations of such Loan Party owed to any First Priority Secured Party (or any of its affiliates)
in respect of treasury management arrangements, depositary or other cash management services
including in connection with any automated clearing house transfers of funds or similar
transactions.

     “Common Collateral” means all assets that are both First Priority Collateral and
Second Priority Collateral.

     “Company” has the meaning assigned to such term in the preamble hereto.

     “Comparable Second Priority Security Document” means, in relation to any Common
Collateral subject to any First Priority Security Document, that Second Priority Security Document
that creates a security interest in the same Common Collateral, granted by the same Loan Party, as
applicable.

     “DIP Financing” has the meaning assigned to such term in Section 5.2.

     “Enforcement Action” means, with respect to the First Priority Obligations or the
Second Priority Obligations, any demand for acceleration or payment thereof, the exercise of any
rights and remedies with respect to any Common Collateral securing such obligations or the
commencement or prosecution of enforcement of any of the rights and remedies, as applicable, the
First Priority Documents or the Second Priority Documents, or applicable law, including, without
limitation, the exercise of any rights of set-off or recoupment and rights to credit bid debt, and
the exercise of any rights or remedies of a secured creditor under the Uniform Commercial Code of
any applicable jurisdiction or under the Bankruptcy Code.

     “Existing First Priority Agreement” has the meaning assigned to such term in the
preamble hereto.

     “Existing Second Priority Agreement” has the meaning assigned to such term in the
preamble hereto.

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     “First Priority Agreement” means the collective reference to (a) the Existing First
Priority Agreement, (b) any Additional First Priority Agreement and (c) any other credit agreement,
loan agreement, note agreement, promissory note, indenture or other agreement or instrument
evidencing or governing the terms of any indebtedness or other financial accommodation that has
been incurred to extend, replace, refinance or refund in whole or in part the indebtedness and
other obligations outstanding under the Existing First Priority Agreement, any Additional First
Priority Agreement or any other agreement or instrument referred to in this clause (c) unless such
agreement or instrument expressly provides that it is not intended to be and is not a First
Priority Agreement hereunder (a “Replacement First Priority Agreement”). Any reference to
the First Priority Agreement hereunder shall be deemed a reference to any First Priority Agreement
then extant.

     “First Priority Collateral” means all assets, whether now owned or hereafter acquired
by the Company or any other Loan Party, in which a Lien is granted or purported to be granted to
any First Priority Secured Party as security for any First Priority Obligation (including any Lien
assigned to the First Priority Representative pursuant to Section 2.4).

     “First Priority Creditors” means the “Lenders” as defined in the First Priority
Agreement, or any Persons that are designated under the First Priority Documents as creditors
entitled to benefit from the Liens on the First Priority Collateral under the First Priority
Security Documents.

     “First Priority Documents” means the First Priority Agreement, each First Priority
Security Document and each First Priority Guarantee.

     “First Priority Guarantee” means any guarantee by any Loan Party of any or all of the
First Priority Obligations.

     “First Priority Lien” means any Lien created by the First Priority Security Documents.

     “First Priority Obligations” means (a) all principal of and interest (including
without limitation any Post-Petition Interest) and premium (if any) on all loans made pursuant to
the First Priority Agreement, (b) all reimbursement obligations (if any) and interest thereon
(including without limitation any Post-Petition Interest) with respect to any letter of credit or
similar instruments issued pursuant to the First Priority Agreement, (c) all Hedging Obligations,
(d) all Cash Management Obligations, (e) obligations of the Loan Parties under any indemnity for
Claims (as defined in the First Priority Agreement), and (f) all guarantee obligations, fees,
expenses and other amounts payable from time to time pursuant to the First Priority Documents. To
the extent any payment with respect to any First Priority Obligation (whether by or on behalf of
any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is
declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be
paid to a debtor in possession, any Second Priority Secured Party, receiver or similar Person, then
the obligation or part thereof originally intended to be satisfied shall, for the purposes of this
Agreement and the rights and obligations of the First Priority Secured Parties and the Second
Priority Secured Parties, be deemed to be reinstated and outstanding as if such payment had not
occurred.

     “First Priority Obligations Payment Date” means the first date on which (a) the First
Priority Obligations (including any obligations replacing, renewing or refinancing any previously
existing First Priority Obligations, but other than those that constitute Unasserted Contingent
Obligations) have been indefeasibly paid in cash in full (or cash collateralized or defeased in
accordance with the terms of the First Priority Documents or in other consideration acceptable to
the First Priority Secured Parties), (b) all commitments to extend credit under the First Priority
Documents (including any obligations replacing,

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renewing or refinancing any previously existing First Priority Obligations) have been
terminated, (c) there are no outstanding letters of credit or similar instruments issued under the
First Priority Documents (other than such as have been cash collateralized or defeased in
accordance with the terms of the First Priority Security Documents), and (d) the First Priority
Representative has delivered a written notice to the Second Priority Representative stating that
the events described in clauses (a), (b) and (c) have occurred to the satisfaction of the First
Priority Secured Parties. Notwithstanding the foregoing, if at any time after the First Priority
Obligations Payment Date has occurred, the Company enters into any First Priority Document
evidencing a First Priority Obligation which is permitted hereby and under the Second Priority
Documents, then such First Priority Obligations Payment Date shall automatically be deemed not to
have occurred for all purposes of this Agreement, and the obligations under such First Priority
Document shall automatically be treated as First Priority Obligations for all purposes of this
Agreement, including for purposes of the Lien priorities and rights in respect of Collateral set
forth herein, and the first-lien collateral agent under such First Priority Documents shall be the
First Priority Representative for all purposes of this Agreement. Upon receipt of a notice stating
that the Company has entered into a new First Priority Document (which notice shall include the
identity of the new agent, such agent, the “New Agent”), the Second Priority Representative
shall promptly enter into such documents and agreements (including amendments or supplements to
this Agreement) as the Company or such New Agent may reasonably request in order to provide to the
New Agent the rights contemplated hereby, in each case consistent in all material respects with the
terms of this Agreement.

     “First Priority Representative” has the meaning set forth in the introductory
paragraph hereof. In the case of any Replacement First Priority Agreement, the First Priority
Representative shall be the Person identified as such in such Replacement First Priority Agreement.

     “First Priority Secured Party” means (a) each First Priority Creditor (and any
affiliate of such First Priority Creditor to which any Cash Management Obligation is owed), (b)
each “Issuing Bank” (as defined in the First Priority Agreement), (c) the First Priority
Representative, (d) each counterparty to any Swap Agreement the obligations under which constitute
Hedging Obligations, (e) the beneficiaries of each indemnification obligation undertaken by any
Loan Party under any First Priority Document and (f) the successors and assigns of each of the
foregoing.

     “First Priority Security Documents” means the “Security Documents” (as defined in the
Existing First Priority Agreement), and any other documents that are designated under the First
Priority Agreement as “First Priority Security Documents” for purposes of this Agreement.

     “Governmental Authority” means any federal, state, local or foreign court or
governmental agency, authority, instrumentality or regulatory body.

     “Hedging Obligations” means, with respect to any Loan Party, any obligations of such
Loan Party pursuant to an agreement in respect of any “Hedging Agreement” as defined in the
Existing First Priority Agreement or any other Swap Agreement or hedge agreement in respect of
interest rates, currency exchange rates or commodity prices entered into by a Loan Party and any
First Priority Creditor (or any of its affiliates) at the time such agreement is entered into.

     “Insolvency Proceeding” means any proceeding in respect of bankruptcy, insolvency,
winding up, receivership, dissolution or assignment for the benefit of creditors, in each of the
foregoing events whether under the Bankruptcy Code or any other Bankruptcy Law.

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     “Lien” means, with respect to any asset, (a) any mortgage, deed of trust, deed to
secure debt, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of
such asset, and (b) the interest of a vendor or a lessor under any conditional sale agreement,
capital lease or title retention agreement (or any financing lease having substantially the same
economic effect as any of the foregoing) relating to such asset.

     “Loan Party” means (a) the Company, (b) each direct or indirect subsidiary of the
Company and (c) any other Person in which the Company or any of its subsidiaries holds an ownership
interest, in each case (a) through (c), that is, at any time of determination, a party to any First
Priority Security Document or Second Priority Security Document. All references in this Agreement
to any Loan Party shall include such Loan Party as a debtor-in-possession and any receiver or
trustee for such Loan Party in any Insolvency Proceeding.

     “Person” means any natural person, individual, sole proprietorship, partnership,
joint venture, corporation, limited liability company, unincorporated organization, association,
institution, entity, party, including any Governmental Authority or any agency or political
subdivision thereof.

     “Post-Petition Interest” means any interest or entitlement to fees or expenses or
other charges that accrues after the commencement of any Insolvency Proceeding, whether or not
allowed or allowable as a claim in any such Insolvency Proceeding.

     “Recovery” has the meaning assigned to such term in Section 5.5.

     “Reorganization Securities” has the meaning set forth in Section 5.11.

     “Replacement First Priority Agreement” has the meaning set forth in the definition of
“First Priority Agreement”.

     “Second Priority Agreement” means the collective reference to (a) the Existing Second
Priority Agreement, (b) any Additional Second Priority Agreement and (c) any other credit
agreement, loan agreement, note agreement, promissory note, indenture, or other agreement or
instrument evidencing or governing the terms of any indebtedness or other financial accommodation
that has been incurred to extend, replace, refinance or refund in whole or in part the indebtedness
and other obligations outstanding under the Existing Second Priority Agreement, any Additional
Second Priority Agreement or any other agreement or instrument referred to in this clause (c). Any
reference to the Second Priority Agreement hereunder shall be deemed a reference to any Second
Priority Agreement then extant.

     “Second Priority Collateral” means all assets, whether now owned or hereafter acquired
by the Company or any other Loan Party, in which a Lien is granted or purported to be granted to
any Second Priority Secured Party as security for any Second Priority Obligation.

     “Second Priority Agent” means has the meaning assigned to such term in the preamble
hereto.

     “Second Priority Creditors” means the Trustee and the Holders (as defined in the
Existing Second Priority Agreement), or any Persons that are designated under the Second Priority
Documents as creditors entitled to benefit from the Liens on the Second Priority Collateral under
the Second Priority Security Documents.

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     “Second Priority Documents” means each Second Priority Agreement, each Second Priority
Security Document and each Second Priority Guarantee.

     “Second Priority Guarantee” means any guarantee by any Loan Party of any or all of the
Second Priority Obligations.

     “Second Priority Lien” means any Lien created by the Second Priority Security
Documents.

     “Second Priority Obligations” means the due and punctual payment of (a) all principal
of and interest (including any Post-Petition Interest) and premium (if any) on all indebtedness
under the Second Priority Agreement, and (b) all other monetary obligations, including fees, costs,
expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise
(including Post-Petition Interest), of the Loan Parties or any of their Subsidiaries to the Second
Priority Secured Parties under the Second Priority Documents, and other amounts payable from time
to time pursuant to the Second Priority Documents, in each case whether or not allowed or allowable
in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority
Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any
right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in whole or
in part, or is otherwise set aside or required to be returned or paid to a debtor in possession,
any First Priority Secured Party, any receiver or any similar Person, then the obligation or part
thereof originally intended to be satisfied shall, for the purposes of this Agreement and the
rights and obligations of the First Priority Secured Parties and the Second Priority Secured
Parties, be deemed to be reinstated and outstanding as if such payment had not occurred.

     “Second Priority Representative” has the meaning set forth in the preamble hereto, but
shall also include any Person identified as a “Second Priority Representative” in any Second
Priority Agreement other than the Existing Second Priority Agreement.

     “Second Priority Secured Party” means the Second Priority Representative, the Second
Priority Creditors and any other holders of the Second Priority Obligations.

     “Second Priority Security Documents” means the “Security Documents” as defined in the
Existing Second Priority Agreement and any documents that are designated under the Second Priority
Agreement as “Second Priority Security Documents” for purposes of this Agreement.

     “Secured Parties” means the First Priority Secured Parties and the Second Priority
Secured Parties.

     “Standstill Period” has the meaning specified in Section 3.2.

     “subsidiary” has the meaning specified in the Existing First Priority Agreement.

     “Swap Agreement” means any agreement with respect to any swap, forward, future,
derivative or foreign exchange spot transaction or option or similar agreement involving, or
settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or
securities, or economic, financial or pricing indices or measures of economic, financial or pricing
risk or value or any similar transaction or any combination of these transactions; provided
that no phantom stock or similar plan providing for payments only on account of services provided
by current or former directors, officers, employees or consultants of any of the Subsidiaries shall
be a Swap Agreement.

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     “Trustee” means U.S. National Bank Association.

     “Unasserted Contingent Obligations” means, at any time, First Priority Obligations for
taxes, costs, indemnifications, reimbursements, damages and other liabilities (excluding (a) the
principal of, and interest and premium (if any) on, and fees and expenses relating to, any First
Priority Obligation and (b) contingent reimbursement obligations in respect of amounts that may be
drawn under outstanding letters of credit or similar instruments) in respect of which no assertion
of liability (whether oral or written) and no claim or demand for payment (whether oral or written)
has been made (and, in the case of First Priority Obligations for indemnification, no notice for
indemnification has been issued by the indemnitee) at such time.

     “Uniform Commercial Code” means the Uniform Commercial Code as in effect from time to
time in the applicable jurisdiction.

     1.2 Amended Agreements. All references in this Agreement to agreements or other
contractual obligations shall, unless otherwise specified, be deemed to refer to such agreements or
contractual obligations as amended, amended and restated, supplemented, restated or otherwise
modified from time to time in accordance with the terms of this Agreement, if applicable.

     1.3 Terms Generally. The definitions of terms herein shall apply equally to both the
singular and plural forms of the terms defined. Whenever the context may require, any pronoun
shall include the corresponding masculine, feminine and neuter forms. The words “include,”
“includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The
word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the
context requires otherwise (i) any definition of or reference to any agreement, instrument or other
document herein shall be construed as referring to such agreement, instrument or other document as
from time to time amended, amended and restated, restated, supplemented or otherwise modified,
renewed, extended, refinanced or replaced, (ii) any reference herein to any Person shall be
construed to include such Person’s successors or permitted assigns, (iii) any reference herein to
any Loan Party shall be construed to include such Loan Party as debtor and debtor-in-possession and
any receiver or trustee for such Loan Party in any Insolvency Proceeding, (iv) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to refer to this
Agreement in its entirety and not to any particular provision hereof, (v) all references herein to
Sections shall be construed to refer to Sections of this Agreement, (vi) the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to any and all
tangible and intangible assets and properties, including cash, securities, accounts and contract
rights, and (vii) references to laws or statutes include all related rules, regulations,
interpretations, amendments and successor provisions.

     SECTION 2. LIEN PRIORITIES.

     2.1 Subordination of Liens. (a) Any and all Liens in Common Collateral now existing
or hereafter created or arising in favor of any Second Priority Secured Party securing the Second
Priority Obligations, regardless of how acquired, whether by grant, statute, operation of law,
judgment rendered in any judicial proceeding, subrogation or otherwise, are expressly junior in
priority, operation and effect to any and all Liens now existing or hereafter created or arising in
favor of the First Priority Secured Parties securing the First Priority Obligations,
notwithstanding (i) anything to the contrary contained in any agreement or filing to which any
Second Priority Secured Party may now or hereafter be a party, and regardless of the time, order or
method of grant, attachment, recording or perfection of any financing statements or other security
interests, assignments, pledges, deeds, mortgages and other Liens, charges or

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encumbrances or any defect or deficiency or alleged defect or deficiency in any of the
foregoing, (ii) any provision of the Uniform Commercial Code or any other applicable law or any
First Priority Document or Second Priority Document or any other circumstance whatsoever and (iii)
the fact that any such Liens in favor of any First Priority Secured Party securing any of the First
Priority Obligations are (x) subordinated to any Lien securing any obligation of any Loan Party
other than the Second Priority Obligations or (y) otherwise subordinated, voided, avoided,
invalidated or lapsed.

     (b) No Second Priority Secured Party shall object to or contest, or support any other Person
in contesting or objecting to, in any proceeding (including any Insolvency Proceeding), the
validity, extent, perfection, priority or enforceability of any Lien on the First Priority
Collateral granted to any First Priority Creditor. Notwithstanding any failure by any First
Priority Secured Party to perfect its Lien on the First Priority Collateral granted to such First
Priority Secured Party or any avoidance, invalidation or subordination by any third party or court
of competent jurisdiction of the Lien on the First Priority Collateral granted to the First
Priority Secured Parties, the priority and rights as between the First Priority Secured Parties, on
the one hand, and the Second Priority Secured Parties, on the other hand, with respect to the
Common Collateral shall be as set forth herein.

     2.2 Nature of First Priority Obligations. The Second Priority Representative on
behalf of itself and the other Second Priority Secured Parties acknowledges that a portion of the
First Priority Obligations represents debt that is revolving in nature and that the amount thereof
that may be outstanding at any time or from time to time may be increased or reduced and
subsequently reborrowed, and that the terms of the First Priority Obligations may be modified,
extended or amended from time to time, and that the aggregate amount of the First Priority
Obligations may be increased, replaced or refinanced, in each event, without notice to or consent
by the Second Priority Secured Parties and without affecting the provisions hereof. The lien
priorities provided in Section 2.1 shall not be altered or otherwise affected by any such
amendment, modification, supplement, extension, repayment, reborrowing, increase, replacement,
renewal, restatement or refinancing of the First Priority Obligations, or any portion thereof, or
by any amendment, modification, supplement, extension, repayment, reborrowing, increase,
replacement, renewal, restatement or refinancing of the Second Priority Obligations, or any portion
thereof.

     2.3 Agreements Regarding Actions to Perfect Liens. (a) The Second Priority
Representative on behalf of itself and the other Second Priority Secured Parties agrees that UCC-1
financing statements, patent, trademark or copyright filings or other filings or recordings filed
or recorded by or on behalf of the Second Priority Representative shall be in form satisfactory to
the First Priority Representative.

     (b) The Second Priority Representative agrees on behalf of itself and the other Second
Priority Secured Parties that all Second Priority Security Documents entered into on or about the
date hereof shall contain the following notation (or such other notation acceptable to the First
Priority Representatives): “The lien and security interest created by this Agreement on the
property described herein is junior and subordinate, in accordance with the provisions of the
Intercreditor Agreement dated as of April 26, 2011, among Bank of America, N.A., as First Priority
Representative, U.S. National Bank Association, as Second Priority Representative, Commercial
Vehicle Group, Inc. and the other Loan Parties referred to therein, as amended from time to time,
to the lien and security interest on such property created by any similar instrument now or
hereafter granted to Bank of America, N.A., as collateral agent under the First Priority Documents
(as defined in the Intercreditor Agreement), and its successors and assigns, in such property.”
The Second Priority Representative agrees on behalf of itself and the other Second Priority Secured
Parties that all other Second Priority Security Documents shall bear an identical or, in the event

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that the Existing First Priority Agreement is no longer extant or BofA shall cease to be the
First Priority Representative, a substantially similar notation.

     (c) The First Priority Representative hereby agrees that, to the extent that it holds, or a
third party holds on its behalf, physical possession of or “control” (as defined in the Uniform
Commercial Code) (or any similar concept under foreign law) over Common Collateral pursuant to the
First Priority Security Documents, such possession or control is also for the benefit of the Second
Priority Representative and the other Second Priority Secured Parties solely to the extent required
to perfect their security interest in such Common Collateral (such bailment being intended, among
other things, to satisfy the requirements of Sections 8-106(d)(3), 8-301(a)(2) and 9-313(c) of the
Uniform Commercial Code). Nothing in the preceding sentence shall be construed to impose any duty
on the First Priority Representative (or any third party acting on its behalf) with respect to such
Common Collateral or provide the Second Priority Representative or any other Second Priority
Secured Party with any rights with respect to such Common Collateral beyond those specified in this
Agreement and the Second Priority Security Documents; provided that subsequent to the
occurrence of the First Priority Obligations Payment Date, the First Priority Representative shall
(i) deliver to the Second Priority Representative, at the Company’s sole cost and expense, the
Common Collateral in its possession or control together with any necessary endorsements to the
extent required by the Second Priority Documents or (ii) direct and deliver such Common Collateral
as a court of competent jurisdiction otherwise directs; provided, further, that the
provisions of this Agreement are intended solely to govern the respective Lien priorities as
between the First Priority Secured Parties and the Second Priority Secured Parties and shall not
impose on the First Priority Secured Parties any obligations in respect of the disposition of any
Common Collateral (or any proceeds thereof) that would conflict with prior perfected Liens or any
claims thereon in favor of any other Person that is not a Secured Party.

     2.4 No New Liens. So long as the First Priority Obligations Payment Date has not
occurred, the parties hereto agree that if any Second Priority Secured Party shall acquire or hold
any Lien on any assets of any Loan Party securing any Second Priority Obligation which assets are
required under the First Priority Documents to be pledged as First Priority Collateral and are not
also subject to the First Priority Lien of the First Priority Representative under the First
Priority Documents, then the Second Priority Representative, shall be deemed to also hold and have
held such Lien for the benefit of the First Priority Secured Parties and shall promptly notify the
First Priority Representative of the existence of such Lien and, upon demand by the First Priority
Representative, will without the need for any further consent of any other Second Priority Secured
Party, notwithstanding anything to the contrary in any other Second Priority Document, assign it to
the First Priority Representative as security for the First Priority Obligations (in which case the
Second Priority Representative may retain a junior lien on such assets subject to the terms
hereof). To the extent that the foregoing provisions are not complied with for any reason, without
limiting any other rights and remedies available to the First Priority Secured Parties, the Second
Priority Representative and the other Second Priority Secured Parties agree that any amounts
received by or distributed to any of them pursuant to or as a result of Liens granted in
contravention of this Section 2.4 shall be subject to Section 4.1.

     2.5 Further Assurances. Each of the First Priority Representative, for itself and on
behalf of the other First Priority Secured Parties, and the Second Priority Representative, for
itself and on behalf of the other Second Priority Secured Parties, and each Loan Party party
hereto, for itself and on behalf of its subsidiaries, agrees that it will execute, or will cause to
be executed, any and all further documents, agreements and instruments, and take all such further
actions, as may be required under any applicable law, or which the First Priority Representative or
the Second Priority Representative may reasonably

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request, to effectuate the terms of this Agreement, including the relative Lien priorities
provided for herein.

     SECTION 3. ENFORCEMENT RIGHTS.

     3.1 Exclusive Enforcement. Until the First Priority Obligations Payment Date has
occurred, whether or not an Insolvency Proceeding has been commenced by or against any Loan Party,
the First Priority Secured Parties shall have the exclusive right to take and continue any
Enforcement Action and make determinations regarding the release, dispositions or restrictions with
respect to the Common Collateral, without any consultation with or consent of any Second Priority
Secured Party, but subject to the proviso set forth in Section 5.1. Upon the occurrence and during
the continuance of a Default or an Event of Default under (and defined in) the First Priority
Documents, the First Priority Representative and the other First Priority Secured Parties may take
and continue any Enforcement Action with respect to the First Priority Obligations and the Common
Collateral in accordance with the terms of the First Priority Documents in such order and manner as
they may determine in their sole discretion. Such exercise and enforcement shall include the rights
of an agent appointed by any of them to sell or otherwise dispose of the Common Collateral upon
foreclosure, to incur expenses in connection with such sale or disposition, and to exercise all
rights and remedies of a secured creditor under the Uniform Commercial Code and of a secured
creditor under the Bankruptcy Law of any applicable jurisdiction.

     3.2 Standstill and Waivers. The Second Priority Representative, on behalf of itself
and the other Second Priority Secured Parties, agrees that, until the First Priority Obligations
Payment Date has occurred, subject to the proviso set forth in Section 5.1:

     (a) they will not take or cause to be taken any Enforcement Action;

     (b) they will not take or cause to be taken any action for the purpose or effect of
which is to make any Lien in respect of any Second Priority Obligation pari passu with or
senior to, or to give any Second Priority Secured Party any preference or priority relative
to, the Liens with respect to the First Priority Obligations or the First Priority Secured
Parties with respect to any of the Common Collateral;

     (c) they will not contest, oppose, object to, interfere with, hinder or delay, in any
manner, whether by judicial proceedings (including the filing of an Insolvency Proceeding)
or otherwise, any foreclosure, sale, lease, exchange, transfer or other disposition of the
Common Collateral or any other First Priority Collateral by any First Priority Secured Party
or any other Enforcement Action taken (or any forbearance from taking any Enforcement
Action) by or on behalf of any First Priority Secured Party;

     (d) they have no right to (i) direct either the First Priority Representative or any
other First Priority Secured Party to exercise any right, remedy or power with respect to
the Common Collateral or pursuant to the First Priority Security Documents or (ii) consent
or object to the exercise by the First Priority Representative or any other First Priority
Secured Party of any right, remedy or power with respect to the Common Collateral or
pursuant to the First Priority Security Documents or to the timing or manner in which any
such right is exercised or not exercised (or, to the extent they may have any such right
described in this clause (c), whether as a junior lien creditor or otherwise, they hereby
irrevocably waive such right);

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     (e) they will not institute any suit or other proceeding or assert in any suit,
Insolvency Proceeding or other proceeding any claim against any First Priority Secured Party
seeking damages from or other relief by way of specific performance, instructions or
otherwise, with respect to, and no First Priority Secured Party shall be liable for, any
action taken or omitted to be taken by any First Priority Secured Party with respect to the
Common Collateral or pursuant to the First Priority Documents;

     (f) they will not make any judicial or nonjudicial claim or demand or commence any
judicial or non-judicial proceedings against any Loan Party or any of its subsidiaries or
affiliates under or with respect to any Second Priority Security Document seeking payment or
damages from or other relief by way of specific performance, instructions or otherwise under
or with respect to any Second Priority Security Document or exercise any right, remedy or
power under or with respect to, or otherwise take any action to enforce, any Second Priority
Security Document;

     (g) they will not commence judicial or nonjudicial foreclosure proceedings with
respect to, seek to have a trustee, receiver, liquidator or similar official appointed for
or over, or attempt any action to take possession of any Common Collateral, or exercise any
right, remedy or power with respect to, or otherwise take any action to enforce their
interest in or realize upon, the Common Collateral or pursuant to the Second Priority
Security Documents;

     (h) they will not seek, and hereby waive any right, to have the Common Collateral or
any part thereof marshaled upon any foreclosure or other disposition of the Common
Collateral and hereby waive, to the fullest extent permitted by law, any right to demand,
request, plead or otherwise assert or claim the benefit of, any marshalling, appraisal,
valuation or other similar right that may otherwise be available under applicable law with
respect to the Common Collateral or any other similar rights a junior secured creditor may
have under applicable law; and

     (i) they will not object to the forbearance by the First Priority Secured Parties from
bringing or pursuing any foreclosure proceeding or action or any other exercise of any
rights or remedies relating to the Common Collateral or any other First Priority Collateral.

provided that, notwithstanding the foregoing, any Second Lien Secured Party may exercise
its rights and remedies in respect of the Common Collateral under and to the extent provided for in
the Second Lien Security Documents or applicable law (and any recovery therefrom shall be for the
benefit of the First Priority Secured Parties) after the passage of a period of 180 days (the
"Standstill Period”) from the date of delivery of a notice in writing to the First Priority
Representative of its intention to exercise such rights and remedies, which notice may only be
delivered following the occurrence of and during the continuation of an “Event of Default” under
and as defined in the Second Lien Agreements; provided, further, however, that,
notwithstanding the foregoing, in no event shall any Second Lien Secured Party exercise or continue
to exercise any such rights or remedies if, notwithstanding the expiration of the Standstill
Period, (i) any First Priority Secured Party shall have commenced and be diligently pursuing the
exercise of any of its rights and remedies with respect to any of the Common Collateral (prompt
notice of such exercise to be given to the Second Lien Representative) or (ii) an Insolvency
Proceeding in respect of any Loan Party shall have been commenced; and provided,
further, that in any Insolvency Proceeding commenced by or against any Loan Party, the
Second Lien Representative and the Second Lien Secured Parties may take only such actions as are
expressly permitted by Section 5. After the expiration of the Standstill Period, so long as the
First Priority Representative or any First Priority Secured Party has not commenced any Enforcement
Actions with respect to any portion of the Common

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Collateral, any Second Lien Secured Party may commence an Enforcement Action with respect to all
or a material portion of the Common Collateral and pursue the exercise of its rights, provided
that all of the other provisions of this Agreement are complied with.

     3.3 Judgment Creditors. In the event that any Second Priority Secured Party becomes a
judgment lien creditor in respect of any Common Collateral as a result of its enforcement of its
rights as an unsecured creditor, such judgment lien shall be subject to the terms of this Agreement
for all purposes (including in relation to the First Priority Liens and the First Priority
Obligations) to the same extent as all other Liens securing the Second Priority Obligations are
subject to the terms of this Agreement.

     3.4 Cooperation. The Second Priority Agent, on behalf of itself and the other Second
Priority Secured Parties, agrees that each of them shall take such actions as the First Priority
Representative shall request in connection with the exercise by the First Priority Secured Parties
of their rights set forth herein.

     3.5 No Additional Rights For the Loan Parties Hereunder. Except as provided in
Section 3.6, if any First Priority Secured Party or Second Priority Secured Party shall enforce its
rights or remedies in violation of the terms of this Agreement, no Loan Party shall be entitled to
use such violation as a defense to any action by any First Priority Secured Party or Second
Priority Secured Party, or to assert such violation as a counterclaim or basis for set off or
recoupment against any First Priority Secured Party or Second Priority Secured Party.

     3.6 Actions Upon Breach. (a) If any Second Priority Secured Party, contrary to this
Agreement, commences or participates in any action or proceeding against any Loan Party or the
Common Collateral, such Loan Party, with the prior written consent of the First Priority
Representative, may interpose as a defense or dilatory plea the making of this Agreement, and any
First Priority Secured Party may intervene and interpose such defense or plea in its or their name
or in the name of such Loan Party.

     (b) Should any Second Priority Secured Party, contrary to this Agreement, in any way take,
attempt to take or threaten in writing to take any action with respect to the Common Collateral
(including any attempt to realize upon or enforce any remedy with respect to this Agreement), or
take any other action in violation of this Agreement, or fail to take any action required by this
Agreement, this Agreement shall create an irrebuttable presumption and admission by such Second
Priority Secured Party that any First Priority Secured Party (in its own name or in the name of the
relevant Loan Party) or the relevant Loan Party may obtain relief against such Second Priority
Secured Party by injunction, specific performance and/or other appropriate equitable relief, it
being understood and agreed by the Second Priority Representative on behalf of each Second Priority
Secured Party that (i) the First Priority Secured Parties’ damages from such actions of any Second
Priority Secured Party may at that time be difficult to ascertain and may be irreparable and the
harm to the First Priority Secured Parties may not be adequately compensated in damages and (ii)
each Second Priority Secured Party waives any defense that the Loan Parties and/or the First
Priority Secured Parties cannot demonstrate damage and/or be made whole by the awarding of damages.

     3.7 Agreement to be Bound. (a) The Second Priority Representative and, by virtue of
accepting the Notes or any other document evidencing the Second Priority Obligations, the Second
Priority Secured Parties, acknowledge and agree that no covenant, agreement or restriction
contained in the Second Priority Security Documents or any other Second Priority Documents shall be
deemed to restrict in any way the rights and remedies of the First Priority Representative or the
First Priority Secured Parties with respect to the Collateral as set forth in this Agreement and
the First Priority Loan Documents.

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          (b) By accepting any Note or any other document evidencing the Second Priority Obligations,
each Second Priority Secured Parties has agreed to be bound by the terms of this Agreement. In
addition, the limitations and restrictions upon the Second Priority Representative and its waivers
of rights and remedies in this Agreement shall apply to limit, restrict and waive the rights and
remedies of all other Second Priority Secured Parties to the extent that any independent rights or
remedies for the Second Priority Secured Parties exist under or by virtue of the Second Priority
Documents, the Second Priority Documents, or the Liens on the Common Collateral granted thereby or
applicable law.

     SECTION 4 . APPLICATION OF PROCEEDS OF COMMON COLLATERAL; DISPOSITIONS AND RELEASES OF
COMMON COLLATERAL; INSPECTION AND INSURANCE.

     4.1 Application of Proceeds; Turnover Provisions. All proceeds of Common Collateral
(including any interest earned thereon) resulting from the sale, collection or other disposition of
Common Collateral resulting from any Enforcement Action or that occurs after and during the
continuation of any Event of Default (as defined in the First Priority Documents), whether or not
pursuant to an Insolvency Proceeding, or during the pendency of any Insolvency Proceeding shall be
distributed as follows: first to the First Priority Representative for application to the
First Priority Obligations in accordance with the terms of the First Priority Documents, until the
First Priority Obligations Payment Date has occurred and thereafter, to the Second Priority
Representative for application in accordance with the terms of the Second Priority Documents.
Until the occurrence of the First Priority Obligations Payment Date, any Common Collateral,
including any such Common Collateral constituting proceeds, that may be received by any Second
Priority Secured Party in violation of this Agreement shall be segregated and held in trust and
promptly paid over to the First Priority Representative, for the benefit of the First Priority
Secured Parties, in the same form as received, with any necessary endorsements, and each Second
Priority Secured Party hereby authorizes the First Priority Representative to make any such
endorsements as agent for the Second Priority Representative (which authorization, being coupled
with an interest, is irrevocable).

     4.2 Releases of Second Priority Lien. (a) Upon (i) any release, sale or other
disposition of Common Collateral permitted pursuant to the terms of the First Priority Documents
that results in the release of the First Priority Lien on any Common Collateral (including any sale
or other disposition pursuant to any Enforcement Action) or (ii) any other release of Common
Collateral from the Lien under the First Priority Security Documents that is permitted pursuant to
the terms of the First Priority Documents (in each case other than any release of Common Collateral
from the Lien under the First Priority Security Documents made following or in connection with the
indefeasible payment in cash in full (or cash collateralization or defeasance in accordance with
the terms of the First Priority Documents or receipt of other consideration acceptable to the First
Priority Secured Parties) of the First Priority Obligations, the terminations of all commitments to
extend credit under the First Priority Documents (including any obligations replacing, renewing or
refinancing any previously existing First Priority Obligations) and any outstanding letters of
credit or similar instruments issued under the First Priority Documents (other than such as have
been cash collateralized or defeased in accordance with the terms of the First Priority Security
Documents)), the Second Priority Lien on such Common Collateral (excluding any portion of the
proceeds of such Common Collateral remaining after the First Priority Obligations Payment Date
occurs) shall be automatically and unconditionally released, as and when, but only to the extent
such First Priority Liens on such Common Collateral are released, with no further consent or action
of any Person.

     (b) The Second Priority Representative shall promptly execute and deliver such release
documents and instruments and shall take such further actions as the First Priority Representative
(or, with the consent of the First Priority Representative, the Company) shall request to evidence
any release

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of the Second Priority Lien described in paragraph (a). The Second Priority Representative
hereby appoints the First Priority Representative and any officer or duly authorized person of the
First Priority Representative, with full power of substitution, as its true and lawful
attorney-in-fact with full irrevocable power of attorney in the place and stead of the Second
Priority Representative and in the name of the Second Priority Representative or in the First
Priority Representative’s own name, from time to time, in the First Priority Representative’s sole
discretion, for the purposes of carrying out the terms of this Section 4.2, to take any and all
appropriate action and to execute and deliver any and all documents and instruments as may be
necessary or desirable to accomplish the purposes of this Section 4.2, including any financing
statements, endorsements, assignments, releases or other documents or instruments of transfer
(which appointment, being coupled with an interest, is irrevocable).

     4.3 Inspection Rights and Insurance. (a) Any First Priority Secured Party and its
representatives and invitees may at any time inspect, repossess, remove and otherwise deal with the
Common Collateral in accordance with the terms of the First Priority Documents, and the First
Priority Representative may advertise and conduct public auctions or private sales of the Common
Collateral, in each case without notice to, the involvement of or interference by any Second
Priority Secured Party or liability to any Second Priority Secured Party.

     (b) Until the First Priority Obligations Payment Date has occurred, the First Priority
Representative will have the sole and exclusive right (i) to be named as additional insured and
loss payee under any insurance policies maintained from time to time by any Loan Party (except that
the Second Priority Representative shall have the right to be named as additional insured and loss
payee so long as its second lien status is identified in a manner satisfactory to the First
Priority Representative), (ii) to adjust or settle any insurance policy or claim covering the
Common Collateral in the event of any loss thereunder in accordance with the terms of the First
Priority Documents and (iii) to approve any award granted in any condemnation or similar proceeding
affecting the Common Collateral in accordance with the terms of the First Priority Documents.

     4.4 Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this
Agreement, the Second Priority Representative and the other Second Priority Secured Parties may
exercise rights and remedies as unsecured creditors against the Company or any other Loan Party
that has guaranteed the Second Priority Obligations in accordance with the terms of the Second
Priority Documents, including the acceleration of any Indebtedness or other obligations owing under
the Second Priority Documents or the demand for payment under the guarantee in respect thereof, in
each case in accordance with the terms of the applicable Second Priority Documents and applicable
law and not otherwise inconsistent with the terms of this Agreement. Nothing in this Agreement
shall prohibit the receipt by any Second Priority Representative or any other Second Priority
Secured Party of the required payments of interest and principal so long as such receipt is not the
direct or indirect result of (a) the exercise by any Second Priority Representative or any other
Second Priority Secured Party of rights or remedies as a secured creditor in respect of Common
Collateral or other collateral or (b) the enforcement in contravention of this Agreement of any
Lien in respect of Second Priority Liens held by any of them. Nothing in this Agreement impairs or
otherwise adversely affects any rights or remedies the First Priority Representative or the other
First Priority Secured Parties may have with respect to the First Priority Collateral.

     SECTION 5 . INSOLVENCY PROCEEDINGS.

     5.1 Filing of Motions. Until the First Priority Obligations Payment Date has
occurred, the Second Priority Representative agrees on behalf of itself and the other Second
Priority Secured Parties

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that no Second Priority Secured Party shall, in or in connection with any Insolvency
Proceeding involving any Loan Party, file any pleading or motion, take any position at any hearing
or proceeding of any nature, or otherwise take any action whatsoever, in each case in respect of
any of the Common Collateral, including with respect to the determination of any Liens or claims
(including the validity, priority and enforceability thereof) held by the First Priority
Representative or any other First Priority Secured Party or the value of any claims of such parties
under Section 506(a) of the Bankruptcy Code or otherwise; provided that (a) in any
Insolvency Proceeding involving any Loan Party, the Second Priority Representative may file a proof
of claim or statement of interest with respect to the applicable Second Priority Liens and (b) the
Second Priority Representative may take any such action (not adverse to the First Priority Liens on
the Common Collateral securing the First Priority Obligations, or the rights of either the First
Priority Representative or the other First Priority Secured Parties to exercise remedies in respect
thereof) to the extent required to create, prove, perfect, preserve or protect (but not enforce)
its rights in, and perfection and priority of its Liens on, the Common Collateral, in each case of
(a) and (b) above, to the extent such action is not inconsistent with, and could not result in a
resolution inconsistent with, the terms of this Agreement.

     5.2 Financing Matters. If any Loan Party becomes subject to any Insolvency
Proceeding, and if the First Priority Representative or any other First Priority Secured Parties
desire to consent (or not object) to the use of cash collateral under the Bankruptcy Code or any
other Bankruptcy Law or to provide financing to any Loan Party under the Bankruptcy Code or any
other Bankruptcy Law or to consent (or not object) to the provision of such financing (including
financing that primes or takes priority over existing Liens) to any Loan Party by any third party
(any such financing, “DIP Financing”), then the Second Priority Representative agrees, on
behalf of itself and the other Second Priority Secured Parties, that each Second Priority Secured
Party (a) will be deemed to have consented to, will raise no objection to, and will not support any
other Person objecting to, the use of such cash collateral or to such DIP Financing, (b) will not
request or accept adequate protection or any other relief in connection with the use of such cash
collateral or such DIP Financing except as set forth in Section 5.4, (c) will subordinate (and will
be deemed hereunder to have subordinated) the Second Priority Liens (i) to any replacement Liens
provided as adequate protection to the First Priority Secured Parties on the same terms as the
Second Priority Liens are subordinated to the First Priority Liens under this Agreement and (ii)(x)
to the Liens securing such DIP Financing, (y) to any “carve-out” agreed to by the First Priority
Representative or the other First Priority Secured Parties and (z) in the case of any Insolvency
Proceeding outside the United States, to any administrative or other charges granted in such
Insolvency Proceeding that are similar in nature to a “carve-out” and agreed to by the First
Priority Representative or the other First Priority Secured Parties, in the case of each of clauses
(ii) (x), (y) and (z), with such subordination to be on the same terms as the First Priority Liens
are subordinated thereto (and such subordination will not alter in any manner the terms of this
Agreement), (d) will be deemed to have consented to, and will raise no objection to, and will not
support any other Person objecting to (i) any motion for relief from the automatic stay or from any
injuction against foreclosure or enforcement in respect of the First Priority Obligations made by
the First Priority Representative or any First Priority Secured Party, (ii) any lawful exercise by
the First Priority Representative or any other First Priority Secured Party of the right to credit
bid any First Priority Obligations at any sale in foreclosure of First Priority Collateral or (iii)
any other request for judicial relief made in any court by the First Priority Representative or any
other First Priority Secured Party relating to the lawful enforcement of any First Priority Lien.

     5.3 Relief From the Automatic Stay. The Second Priority Representative agrees, on
behalf of itself and the other Second Priority Secured Parties, that none of them will seek relief
from the automatic stay or from any other stay in any Insolvency Proceeding or take any action in
derogation thereof, in each

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case in respect of any Common Collateral, without the prior written consent of the First
Priority Representative and the Required Lenders under (and as defined in) the First Priority
Agreement.

     5.4 Adequate Protection. (a) The Second Priority Representative, on behalf of itself
and the other Second Priority Secured Parties, agrees that none of them shall object to, contest,
or support any other Person objecting to or contesting (i) any request by the First Priority
Representative or the other First Priority Secured Parties for adequate protection or any adequate
protection provided to the First Priority Representative or the other First Priority Secured
Parties or (ii) any objection by the First Priority Representative or any other First Priority
Secured Parties to any motion, relief, action or proceeding based on a claim of a lack of adequate
protection or (iii) the payment of interest, fees, expenses, costs, charges or other amounts to the
First Priority Representative or any other First Priority Secured Party under Section 506(b) or
506(c) of the Bankruptcy Code or otherwise.

     (b) Notwithstanding anything contained in this Section and in Section 5.2(b) (but subject
to all other provisions of this Agreement, including Sections 5.2(a) and 5.3), in any Insolvency
Proceeding, (i) if the First Priority Secured Parties (or any subset thereof) are granted adequate
protection that includes additional collateral (with replacement Liens on such additional
collateral) and superpriority claims in connection with any DIP Financing or use of cash
collateral, then in connection with any such DIP Financing or use of cash collateral the Second
Priority Representative, on behalf of itself and any of the other Second Priority Secured Parties,
may seek or accept adequate protection consisting solely of (x) a replacement Lien on the same
additional collateral, subordinated to the Liens securing (1) such DIP Financing on the same terms
as the First Priority Liens are subordinated thereto (and such subordination will not alter in any
manner the terms of this Agreement), and (2) the First Priority Obligations on the same basis as
the other Liens securing the Second Priority Obligations are so subordinated to the First Priority
Obligations under this Agreement and (y) superpriority claims junior in all respects to the
superpriority claims granted to the First Priority Secured Parties, provided, however, that each
Second Priority Representative shall have irrevocably agreed, pursuant to Section 1129(a)(9) of the
Bankruptcy Code, on behalf of itself and each other Second Priority Secured Party, in any
stipulation or order granting such adequate protection, that such junior superpriority claims may
be paid under any plan of reorganization in any combination of cash, debt, equity or other property
having a value on the effective date of such plan equal to the allowed amount of such claims and
(ii) in the event the Second Priority Representative, on behalf of itself and the other Second
Priority Secured Parties, seeks or accepts adequate protection in accordance with clause (i) above
in the form of additional collateral, then the Second Priority Representative, on behalf of itself
or any of the other Second Priority Secured Parties, agrees that the First Priority Representative
shall also be granted a senior Lien on such additional collateral as security for the First
Priority Obligations and any such DIP Financing and that any Lien on such additional collateral
securing the Second Priority Obligations shall be subordinated to (A) the Liens on such collateral
securing the First Priority Obligations and any other Liens granted to the First Priority Secured
Parties as adequate protection on the same terms that the Liens securing the Second Priority
Obligations are subordinated to such First Priority Obligations under this Agreement and (B) (x)
the Liens on such collateral securing such DIP Financing (and all obligations relating thereto),
(y) any “carve-out” agreed to by the First Priority Representative or the other First Priority
Secured Parties and (z) in the case of any Insolvency Proceeding outside the United States, any
administrative or other charges granted in any Insolvency Proceeding that are similar in nature to
a “carve-out” and agreed to by the First Priority Representative or the other First Priority
Secured Parties, in the case of each of clauses (B) (x), (y) and (z), with such subordination to be
on the same terms as the Liens securing the First Priority Obligations are subordinated thereto
(and such subordination will not alter in any manner the terms of this Agreement). The Second
Priority Representative, on behalf of itself and the other Second Priority Secured Parties, agrees
that except as expressly set forth in this Section 5.4, and except for adequate

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protection in the form of access to information to the extent such access is also made
available to the First Priority Representative on behalf of itself and the other First Priority
Secured Parties, none of them shall seek or accept adequate protection without the prior written
consent of the First Priority Representative.

     (c) Neither the Second Priority Representative nor any other Second Priority Secured Party
shall oppose or seek to challenge any claim by the First Priority Representative or any other First
Priority Secured Party for allowance in any Insolvency Proceeding of First Priority Obligations
consisting of post-petition interest, fees or expenses. Regardless of whether any such claim for
post-petition interest, fees or expenses is allowed or allowable, and without limiting the
generality of the other provisions of this Agreement, this Agreement expressly is intended to
include and does include the “rule of explicitness” in that this Agreement expressly entitles the
First Priority Secured Parties, and is intended to provide the First Priority Secured Parties with
the right, to receive payment of all post-petition interest, fees or expenses through distributions
made pursuant to the provisions of this Agreement even though such interest, fees and expenses are
not allowed or allowable against the bankruptcy estate of the Company or any other Loan Party under
Section 502(b)(2) or Section 506(b) of the Bankruptcy Code or under any other provision of the
Bankruptcy Code or any other applicable law.

     5.5 Avoidance Issues. If any First Priority Secured Party is required in any
Insolvency Proceeding or otherwise to disgorge, turn over or otherwise pay to the bankruptcy
trustee or the estate of any Loan Party, because such amount was avoided or ordered to be paid or
disgorged for any reason, including without limitation because it was found to be a fraudulent or
preferential transfer, any amount (a “Recovery”), whether received as proceeds of security,
enforcement of any right of set-off or otherwise, then the First Priority Obligations shall be
reinstated to the extent of such Recovery and deemed to be outstanding as if such payment had not
occurred and the First Priority Obligations Payment Date, if it shall otherwise have occurred,
shall be deemed not to have occurred. If this Agreement shall have been terminated prior to such
Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination
shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties
hereto. The Second Priority Secured Parties agree that none of them shall be entitled to benefit
from any avoidance action affecting or otherwise relating to any distribution or allocation made in
accordance with this Agreement, whether by preference or otherwise, it being understood and agreed
that the benefit of such avoidance action otherwise allocable to them shall instead be allocated
and turned over for application in accordance with the priorities set forth in this Agreement.

     5.6 Asset Dispositions in an Insolvency Proceeding. Neither the Second Priority
Representative nor any other Second Priority Secured Party shall, in an Insolvency Proceeding or
otherwise, oppose any sale or other disposition of any assets of any Loan Party that is supported
by the First Priority Secured Parties, and the Second Priority Representative and each other Second
Priority Secured Party will be deemed to have consented under Section 363 of the Bankruptcy Code
(and otherwise) to any such sale or other disposition of assets supported by the First Priority
Secured Parties and to have released their Liens on such assets; provided, to the extent
such sale is to be free and clear of Liens, that the Liens securing the First Priority Obligations
and the Second Priority Obligations will attach to the proceeds of the sale on the same basis of
priority as the Liens released on the assets sold.

     5.7 Separate Grants of Security and Separate Classification. Each Second Priority
Secured Party acknowledges and agrees that (a) the grants of Liens pursuant to the First Priority
Security Documents and the Second Priority Security Documents constitute two separate and distinct
grants of Liens and (b) because of, among other things, their differing rights in the Common
Collateral, the Second Priority Obligations are fundamentally different from the First Priority
Obligations and must be separately classified in any plan of reorganization proposed or adopted in
an Insolvency Proceeding. To further

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effectuate the intent of the parties as provided in the immediately preceding sentence, if it
is held that the claims of the First Priority Secured Parties and Second Priority Secured Parties
in respect of the Common Collateral constitute only one class of secured claims (rather than
separate classes of senior and junior secured claims), then the Second Priority Secured Parties
hereby acknowledge and agree that all distributions shall be made as if there were separate classes
of senior and junior secured claims against the Loan Parties in respect of the Common Collateral
(with the effect being that, to the extent that the aggregate value of the Common Collateral is
sufficient (for this purpose ignoring all claims held by the Second Priority Secured Parties), the
First Priority Secured Parties shall be entitled to receive, in addition to amounts distributed to
them in respect of principal, pre-petition interest and other claims, all amounts owing in respect
of Post-Petition Interest before any distribution is made in respect of the claims held by the
Second Priority Secured Parties, with the Second Priority Secured Parties hereby acknowledging and
agreeing to turn over to the First Priority Secured Parties amounts otherwise received or
receivable by them to the extent necessary to effectuate the intent of this sentence, even if such
turnover has the effect of reducing the claim or recovery of the Second Priority Secured Parties),
and that, until turned over to the First Priority Secured Parties, such amounts will be held in
trust for the First Priority Secured Parties.

     5.8 No Waivers of Rights of First Priority Secured Parties. Nothing contained herein
shall prohibit or in any way limit the First Priority Representative or any other First Priority
Secured Party from objecting in any Insolvency Proceeding or otherwise to any action taken by any
Second Priority Secured Party not expressly permitted hereunder, including the seeking by any
Second Priority Secured Party of adequate protection (except as provided in Section 5.4) or the
asserting by any Second Priority Secured Party of any of its rights and remedies under the Second
Priority Documents or otherwise.

     5.9 Plans of Reorganization. No Second Priority Secured Party shall support or vote
in favor of any plan of reorganization (and each shall be deemed to have voted to reject any plan
of reorganization) unless such plan (a) pays off, in cash in full, all First Priority Obligations
or (b) is accepted by the class of holders of First Priority Obligations voting thereon.

     5.10 Effectiveness in Insolvency Proceedings. This Agreement, which the parties
hereto expressly acknowledge is a “subordination agreement” under section 510(a) of the Bankruptcy
Code, shall be effective before, during and after the commencement of an Insolvency Proceeding.
All references to any of the Company or any Loan Party herein shall apply to any trustee for such
Person and such Person as debtor in possession. The relative rights as to the Common Collateral
and other collateral and proceeds thereof shall continue after the filing thereof on the same basis
as prior to the date of the petition, subject to any court order approving the financing of, or use
of cash collateral by, any such Person.

     5.11 Reorganization Securities. If, in any Insolvency Proceeding, debt obligations of
the reorganized debtor secured by Liens upon any property of the reorganized debtor
(“Reorganization Securities”) are distributed, pursuant to a plan of reorganization or
similar dispositive restructuring plan, on account of the Second Priority Obligations, then the
provisions of this Agreement will survive the distribution of such debt obligations pursuant to
such plan and will apply with like effect to the Liens securing such debt obligations. In no event
shall the Second Priority Creditors be required to turn over to the First Priority Representative
or any other First Priority Secured Party any Reorganization Securities to the extent the same are
subject to this Section 5.11.

     5.12 Post-Petition Claims. None of the Second Priority Representative, the Trustee or
any Second Priority Secured Party shall oppose or seek to challenge any claim by the First Priority
Representative or any other First Priority Secured Party for allowance in any Insolvency Proceeding
of

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First Priority Obligations consisting of Post-Petition Interest or indemnities to the extent
of the value of the Liens in favor of the First Priority Representative and the other First
Priority Secured Parties, without regard to the existence of the Liens of the Second Priority
Representative on behalf of the Second Priority Secured Parties on the Common Collateral.

     5.13 Waivers. Until the First Priority Obligations Payment Date, the Second Priority
Representative, on behalf of itself and each Second Priority Secured Party, agrees that (a) it will
not assert or enforce any claim under Section 506(c) of the Bankruptcy Code senior to or on a
parity with the Liens securing the First Priority Obligations for costs or expenses of preserving
or disposing of any Common Collateral or other collateral and (b) waives any claim it may now or
hereafter have arising out of the election by any First Priority Creditor of the application of
Section 1111(b)(2) of the Bankruptcy Code.

     SECTION 6. SECOND PRIORITY DOCUMENTS AND FIRST PRIORITY DOCUMENTS.

     (a) Each Loan Party and the Second Priority Representative, on behalf of itself and the other
Second Priority Secured Parties, agrees that it shall not at any time execute or deliver any
amendment or other modification to any of the Second Priority Documents inconsistent with or in
violation of this Agreement.

     (b) Each Loan Party and the First Priority Representative, on behalf of itself and the other
First Priority Secured Parties, agrees that it shall not at any time execute or deliver any
amendment or other modification to any of the First Priority Documents inconsistent with or in
violation of this Agreement.

     (c) In the event the First Priority Representative enters into any amendment, waiver or
consent in respect of any of the First Priority Security Documents for the purpose of adding to, or
deleting from, or waiving or consenting to any departures from any provisions of, any First
Priority Security Document or changing in any manner the rights of any parties thereunder, then
such amendment, waiver or consent shall apply automatically to any comparable provision of the
Comparable Second Priority Security Document without the consent of or action by any Second
Priority Secured Party (with all such amendments, waivers and modifications subject to the terms
hereof); provided that (other than with respect to amendments, modifications or waivers
that secure additional extensions of credit and add additional secured creditors and do not violate
the express provisions of the Second Priority Agreements), (i) no such amendment, waiver or consent
shall have the effect of releasing assets subject to the Lien of any Second Priority Security
Document, except to the extent that a release of such Lien is permitted by Section 4.2 or change
the type of assets that constitute Collateral under any Second Priority Security Documents, (ii)
any such amendment, waiver or consent that materially and adversely affects the rights of the
Second Priority Secured Parties or affects the First Priority Secured Parties in a different manner
shall not apply to the Second Priority Security Documents without the consent of the Second
Priority Representative and (iii) notice of such amendment, waiver or consent shall be given to the
Second Priority Representative no later than 5 days after its effectiveness; provided that
the failure to give such notice shall not affect the effectiveness and validity thereof.

     SECTION 7. RELIANCE; WAIVERS; ETC.

     7.1 Reliance. The First Priority Documents are deemed to have been executed and
delivered, and all extensions of credit thereunder are deemed to have been made or incurred, in
reliance upon this Agreement. The Second Priority Representative, on behalf of it itself and the
other Second Priority Secured Parties, expressly waives all notice of the acceptance of and
reliance on this Agreement by the First Priority Secured Parties. The Second Priority Documents
are deemed to have been executed and

19

 

delivered and all issuances of debt and other extensions of credit thereunder are deemed to
have been made or incurred, in reliance upon this Agreement. The First Priority Representative
expressly waives, on behalf of itself and all the other First Priority Secured Parties, all notices
of the acceptance of and reliance by the Second Priority Representative and the other Second
Priority Secured Parties.

     7.2 No Warranties or Liability. The Second Priority Representative and the First
Priority Representative acknowledge and agree that neither has made any representation or warranty
with respect to the execution, validity, legality, completeness, collectibility or enforceability
of any other First Priority Document or any Second Priority Document. Except as otherwise provided
in this Agreement, the Second Priority Representative and the First Priority Representative will be
entitled to manage and supervise their respective extensions of credit to any Loan Party in
accordance with law and their usual practices, modified from time to time as they deem appropriate.

     7.3 No Waivers. No right or benefit of any party hereunder shall at any time in any
way be prejudiced or impaired by any act or failure to act on the part of such party or any other
party hereto or by any noncompliance by any Loan Party with the terms and conditions of any of the
First Priority Documents or the Second Priority Documents.

     SECTION 8. OBLIGATIONS UNCONDITIONAL.

     8.1 First Priority Obligations Unconditional. All rights and interests of the First
Priority Secured Parties hereunder, and all agreements and obligations of the Second Priority
Secured Parties (and, to the extent applicable, the Loan Parties) hereunder, shall remain in full
force and effect irrespective of:

     (a) any lack of validity or enforceability of any First Priority Document or any First
Priority Liens;

     (b) any change in the time, place or manner of payment of, or in any other term of,
all or any portion of the First Priority Obligations, or any amendment, waiver or other
modification, whether by course of conduct or otherwise, or any refinancing, replacement,
refunding or restatement of any First Priority Document;

     (c) prior to the First Priority Obligations Payment Date, any exchange, release,
voiding, avoidance or non-perfection of any security interest in any Common Collateral or
any other collateral, or any release, amendment, waiver or other modification, whether by
course of conduct or otherwise, or any refinancing, replacement, refunding or restatement of
all or any portion of the First Priority Obligations or any guarantee or guaranty thereof;
or

     (d) any other circumstances that otherwise might constitute a defense available to, or
a discharge of, any Loan Party in respect of the First Priority Obligations, or of any
Second Priority Secured Party, or any Loan Party, to the extent applicable, in respect of
this Agreement.

     8.2 Second Priority Obligations Unconditional. All rights and interests of the Second
Priority Secured Parties hereunder, and all agreements and obligations of the First Priority
Secured Parties (and, to the extent applicable, the Loan Parties) hereunder, shall remain in full
force and effect irrespective of:

20

 

     (a) any lack of validity or enforceability of any Second Priority Document or any
Secured Priority Liens;

     (b) any change in the time, place or manner of payment of, or in any other term of,
all or any portion of the Second Priority Obligations, or any amendment, waiver or other
modification, whether by course of conduct or otherwise, or any refinancing, replacement,
refunding or restatement of any Second Priority Document;

     (c) any exchange, release, voiding, avoidance or non-perfection of any security
interest in any Common Collateral or any other collateral, or any release, amendment, waiver
or other modification, whether by course of conduct or otherwise, or any refinancing,
replacement, refunding or restatement of all or any portion of the Second Priority
Obligations or any guarantee or guaranty thereof; or

     (d) any other circumstances that otherwise might constitute a defense available to, or
a discharge of, any Loan Party in respect of the Second Priority Obligations, or of any
First Priority Secured Party, or any Loan Party, to the extent applicable, in respect of
this Agreement.

     SECTION 9 . MISCELLANEOUS.

     9.1 Conflicts. In the event of any conflict between the provisions of this Agreement
and the provisions of any First Priority Document or any Second Priority Document, the provisions
of this Agreement shall govern.

     9.2 Continuing Nature of Provisions. This Agreement shall continue to be effective,
and shall not be revocable by any party hereto, until the First Priority Obligations Payment Date
shall have occurred, subject to Section 5.5. This is a continuing agreement and the First Priority
Secured Parties and the Second Priority Secured Parties may continue, at any time and without
notice to the other parties hereto, to extend credit and other financial accommodations, lend
monies and provide indebtedness to, or for the benefit of, any Company or any other Loan Party on
the faith hereof.

     9.3 Amendments; Waivers. (a) No amendment or modification of any of the provisions
of this Agreement shall be effective unless the same shall be in writing and signed by the First
Priority Representative and the Second Priority Representative, and, in the case of amendments or
modifications of Sections 3.5, 3.6, 9.5 or 9.6 that directly affect the rights or obligations of
any Loan Party, such Loan Party.

     (b) It is understood that the First Priority Representative and the Second Priority
Representative, without the consent of any other First Priority Secured Party or Second Priority
Secured Party, may in their discretion determine that a supplemental agreement (which may take the
form of an amendment and restatement of this Agreement) is necessary or appropriate to facilitate
having additional indebtedness or other obligations (“Additional Debt”) of any of the Loan
Parties become First Priority Obligations or Second Priority Obligations, as the case may be, under
this Agreement, which supplemental agreement shall specify whether such Additional Debt constitutes
First Priority Obligations or Second Priority Obligations; provided that such Additional
Debt is permitted to be incurred by the First Priority Agreement and Second Priority Agreement then
extant, and is permitted by said Agreements to be subject to the provisions of this Agreement as
First Priority Obligations or Second Priority Obligations, as applicable.

21

 

     (c) In addition, at the request of the Company, the First Priority Representative and the
Second Priority Representative agree to enter into any amendment to this Agreement or any new
intercreditor agreement in order to (1) facilitate Additional Debt becoming First Priority
Obligations or Second Priority Obligations to the extent such Obligations are permitted by the
First Priority Agreement and the Second Priority Agreement, with the Lien priority contemplated by
such amendment, (2) document the relationship among Second Priority Creditors pursuant to different
Second Priority Agreements, including, to the extent permitted under each extant First Priority
Agreement and Second Priority Agreement, the treatment of the Liens securing Second Priority
Obligations under any Additional Second Priority Agreement as equal and ratable with the Liens
securing the Second Priority Obligations under the Existing Second Priority Agreement or any other
Additional Second Priority Agreement and (3) document the relationship between the First Priority
Creditors and the Second Priority Creditors in case any then existing First Priority Agreement or
Second Priority Agreement is refinanced or replaced or the First Priority Representative or the
Second Priority Representative is replaced; provided, that, in any case, the terms of such
amendment or new agreement will contain terms substantially the same as the terms contained in this
Agreement.

     9.4 Information Concerning Financial Condition of the Company and the other Loan
Parties. Each of the Second Priority Representative and the First Priority Representative
hereby assume responsibility for keeping itself informed of the financial condition of the Company
and each of the other Loan Parties and all other circumstances bearing upon the risk of nonpayment
of the First Priority Obligations or the Second Priority Obligations. The Second Priority
Representative and the First Priority Representative hereby agree that no party shall have any duty
to advise any other party of information known to it regarding such condition or any such
circumstances. In the event the Second Priority Representative or the First Priority
Representative, in its sole discretion, undertakes at any time or from time to time to provide any
information to any other party to this Agreement, it shall be under no obligation (a) to provide
any such information to such other party or any other party on any subsequent occasion, (b) to
undertake any investigation or (c) to disclose any other information.

     9.5 Governing Law. This Agreement shall be construed in accordance with and governed
by the law of the State of New York, except as otherwise required by mandatory provisions of law
and except to the extent that remedies provided by the laws of any jurisdiction other than the
State of New York are governed by the laws of such jurisdiction.

     9.6 Submission to Jurisdiction. (a) Each First Priority Secured Party, each Second
Priority Secured Party and each Loan Party hereby irrevocably and unconditionally submits, for
itself and its property, to the exclusive jurisdiction of the Supreme Court of the State of New
York sitting in New York County and of the United States District Court of the Southern District of
New York, and any appellate court from any thereof, in any action or proceeding arising out of or
relating to this Agreement, or for recognition or enforcement of any judgment pursuant to any such
action or proceeding, and each such party hereby irrevocably and unconditionally agrees that all
claims in respect of any such action or proceeding may be heard and determined in such New York
State or, to the extent permitted by law, in such Federal court. Each such party agrees that a
final judgment in any such action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this
Agreement shall affect any right that any First Priority Secured Party or Second Priority Secured
Party may otherwise have to bring any action or proceeding against any Loan Party or its properties
in the courts of any jurisdiction.

     (b) Each First Priority Secured Party, each Second Priority Secured Party and each Loan Party
hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively
do so,

22

 

(i) any objection it may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Agreement in any court referred to in paragraph (a)
of this Section and (ii) the defense of an inconvenient forum to the maintenance of such action or
proceeding.

     (c) Each party to this Agreement irrevocably consents to service of process in the manner
provided for notices in Section 9.7. Nothing in this Agreement will affect the right of any party
to this Agreement to serve process in any other manner permitted by law.

     9.7 Notices. Unless otherwise specifically provided herein, any notice or other
communication herein required or permitted to be given shall be in writing and may be personally
served, telecopied, or sent by overnight express courier service or United States mail and shall be
deemed to have been given when delivered in person or by courier service, upon receipt of a
telecopy or five days after deposit in the United States mail (certified, with postage prepaid and
properly addressed). For the purposes hereof, the address of (a) each of the Company, the First
Priority Representative, the Trustee and the Second Priority Representative (until notice of a
change thereof is delivered as provided in this Section) shall be as set forth in the First
Priority Agreement or the Second Priority Agreement, as applicable, and (b) any other party shall
be in care of the Company as so set forth in clause (a), or, as to each party, at such other
address as may be designated by such party in a written notice to all of the other parties.

     9.8 Successors and Assigns. This Agreement shall be binding upon and inure to the
benefit of each of the parties hereto and each of the First Priority Secured Parties and Second
Priority Secured Parties and their respective successors and assigns, and nothing herein is
intended, or shall be construed, to give any other Person any right, remedy or claim under, to or
in respect of this Agreement or any Common Collateral.

     9.9 Headings. Section headings used herein are for convenience of reference only, are
not part of this Agreement and shall not affect the construction of, or be taken into consideration
in interpreting, this Agreement.

     9.10 Severability. Any provision of this Agreement held to be invalid, illegal or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such invalidity, illegality or unenforceability without affecting the validity, legality and
enforceability of the remaining provisions hereof; and the invalidity of a particular provision in
a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

     9.11 Counterparts; Integration; Effectiveness. This Agreement may be executed in
counterparts (and by different parties hereto on different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a single contract.
Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other
electronic transmission shall be effective as delivery of a manually executed counterpart of this
Agreement. This Agreement shall become effective when it shall have been executed by each party
hereto.

     9.12 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY
COUNTERCLAIM THEREIN.

23

 

     9.13 Additional Loan Parties. The Company shall cause each Person that becomes a Loan
Party after the date hereof (other than any such Loan Party that does not grant any Liens to secure
any of the Second Priority Obligations, until such time as such Loan Party does grant any such
Liens) to become a party to this Agreement by executing and delivering a supplement to this
Agreement in form and substance reasonably satisfactory to the First Priority Representative and
the Second Priority Representative.

     9.14 Representatives. (a) For the avoidance of doubt, it is understood and agreed
that BofA is entering into this Agreement in its capacity as administrative and collateral agent
under the Existing First Priority Agreement and the provisions of Article XII of the Existing First
Priority Agreement applicable to BofA as administrative and collateral agent thereunder shall also
apply to BofA as First Priority Representative hereunder.

     (b) In connection with its execution of this Agreement and its actions hereunder, each of the
First Priority Representative and the Second Priority Representative shall be entitled to all
rights, privileges, benefits, protections, immunities and indemnities provided to it as
administrative agent and collateral agent under the First Priority Documents and as Trustee under
the Second Priority Documents, respectively.

     9.15 Subrogation. The Second Priority Representative, for itself and on behalf of the
other Second Priority Secured Parties, hereby waives any rights of subrogation it or they may
acquire as a result of any payment hereunder until the First Priority Obligations Payment Date has
occurred; provided, however, that, as between the Company and the other Loan
Parties, on the one hand, and the Second Priority Secured Parties, on the other hand, any such
payment that is paid over to the First Priority Representative pursuant to this Agreement shall be
deemed not to reduce any of the Second Priority Obligations unless and until (and then only to the
extent that) the First Priority Obligations Payment Date has occurred and the First Priority
Representative delivers any such payment to the Second Priority Representative.

[Remainder of Page Intentionally Left Blank]

24

 

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
written above.

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as First Priority

Representative for and on behalf of the First Priority
 Secured Parties

	 	by  	/s/ Philip Nomura	 
	 	 	Name:  	Philip Nomura	 
	 	 	Title:  	Vice President	 
	 	 	 

25

 

	 	 	 	 	 
	 	U.S. NATIONAL BANK ASSOCIATION, as Second

Priority Representative for and on behalf of the Second

Priority Secured Parties

	 	by  	/s/ Donald T. Hurrelbrink	 
	 	 	Name:  	Donald T. Hurrelbrink	 
	 	 	Title:  	Vice President	 
	 	 	 

26

 

	 	 	 	 	 

	 	 	 	 	 
	 	COMMERCIAL VEHICLE GROUP, INC.

 	 
	 	By:  	/s/ Chad M. Utrup	 
	 	 	Name:  	Chad M. Utrup	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	NATIONAL SEATING COMPANY

CVG CS LLC

MONONA CORPORATION

MONONA WIRE CORPORATION

MONONA (MEXICO) HOLDINGS LLC

TRIM SYSTEMS, INC.

TRIM SYSTEMS OPERATING CORP.

CABARRUS PLASTICS, INC.

CVG OREGON, LLC

CVS HOLDINGS, INC.

SPRAGUE DEVICES, INC.

MAYFLOWER VEHICLE SYSTEMS, LLC

CVG MANAGEMENT CORPORATION

CVG EUROPEAN HOLDINGS, LLC

CVG LOGISTICS, LLC

CVG ALABAMA LLC

 	 
	 	By:  	/s/ Chad M. Utrup	 
	 	 	Name:  	Chad M. Utrup	 
	 	 	Title:  	Chief Financial Officer 	 
	 

27Exhibit 10.1

Exhibit 10.1

Execution Version

CREDIT AGREEMENT

Dated as of March 15, 2011

Among

DRESSER RAND GROUP INC.,

as Domestic Borrower,

D-R HOLDINGS (France) S.A.S.,

as French Borrower,

THE LENDERS PARTY HERETO,

JPMORGAN CHASE BANK, N.A.,

as Administrative Agent,

J.P. MORGAN EUROPE LIMITED,

as European Administrative Agent

and

BANK OF AMERICA, N.A.,

COMMERZBANK AG, NEW YORK AND GRAND CAYMAN BRANCH,

DNB NOR BANK ASA,

SOVEREIGN BANK

and

WELLS FARGO BANK, N.A.,

as Co-Syndication Agents

J.P. MORGAN SECURITIES LLC,

as Sole Lead Arranger and Sole Book Manager

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	ARTICLE I 
DEFINITIONS

	 
	 	 	 	 
	Section 1.01 Defined Terms
	 	 	1	 
	Section 1.02 Terms Generally
	 	 	39	 
	 
	 	 	 	 
	ARTICLE II
THE CREDITS

	 
	 	 	 	 
	Section 2.01 Commitments
	 	 	39	 
	Section 2.02 Loans and Borrowings
	 	 	40	 
	Section 2.03 Requests for Borrowings
	 	 	41	 
	Section 2.04 Swingline Loans
	 	 	41	 
	Section 2.05 Letters of Credit
	 	 	42	 
	Section 2.06 Funding of Borrowings
	 	 	48	 
	Section 2.07 Interest Elections
	 	 	49	 
	Section 2.08 Termination and Reduction of Commitments
	 	 	51	 
	Section 2.09 Increase of Commitments
	 	 	51	 
	Section 2.10 Repayment of Loans; Evidence of Debt
	 	 	52	 
	Section 2.11 Repayment of Revolving Facility Loans, Term Facility Loans and
Delayed Draw Term Loans
	 	 	54	 
	Section 2.12 Prepayment of Loans
	 	 	54	 
	Section 2.13 Fees
	 	 	55	 
	Section 2.14 Interest
	 	 	57	 
	Section 2.15 Alternate Rate of Interest
	 	 	58	 
	Section 2.16 Increased Costs
	 	 	58	 
	Section 2.17 Break Funding Payments
	 	 	60	 
	Section 2.18 Taxes
	 	 	60	 
	Section 2.19 Payments Generally; Pro Rata Treatment; Sharing of Set-offs
	 	 	62	 
	Section 2.20 Mitigation Obligations; Replacement of Lenders
	 	 	64	 
	Section 2.21 Additional Reserve Costs
	 	 	65	 
	Section 2.22 Illegality
	 	 	65	 
	Section 2.23 Additional Borrowers
	 	 	66	 
	Section 2.24 Defaulting Lenders
	 	 	66	 
	 
	 	 	 	 
	ARTICLE III
REPRESENTATIONS AND WARRANTIES

	 
	 	 	 	 
	Section 3.01 Organization; Powers
	 	 	69	 
	Section 3.02 Authorization
	 	 	69	 
	Section 3.03 Enforceability
	 	 	69	 
	Section 3.04 Governmental Approvals
	 	 	69	 
	Section 3.05 Financial Statements
	 	 	70	 
	Section 3.06 No Material Adverse Effect
	 	 	70	 
	Section 3.07 Title to Properties; Possession Under Leases
	 	 	70	 
	Section 3.08 Litigation; Compliance with Laws
	 	 	71	 
	Section 3.09 Federal Reserve Regulations
	 	 	72	 

 

i

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	Section 3.10 Investment Company Act
	 	 	72	 
	Section 3.11 Use of Proceeds
	 	 	72	 
	Section 3.12 Tax Returns
	 	 	72	 
	Section 3.13 No Material Misstatements
	 	 	73	 
	Section 3.14 Employee Benefit Plans
	 	 	73	 
	Section 3.15 Environmental Matters
	 	 	74	 
	Section 3.16 Mortgages
	 	 	74	 
	Section 3.17 Location of Real Property
	 	 	75	 
	Section 3.18 Solvency
	 	 	75	 
	Section 3.19 Labor Matters
	 	 	75	 
	Section 3.20 Insurance
	 	 	76	 
	 
	 	 	 	 
	ARTICLE IV
CONDITIONS OF LENDING

	 
	 	 	 	 
	Section 4.01 All Credit Events
	 	 	76	 
	Section 4.02 First Credit Event
	 	 	77	 
	Section 4.03 Conditions Precedent to the Initial Borrowing of Each Additional Borrower
	 	 	80	 
	 
	 	 	 	 
	ARTICLE V
AFFIRMATIVE COVENANTS

	 
	 	 	 	 
	Section 5.01 Existence; Businesses and Properties
	 	 	80	 
	Section 5.02 Insurance
	 	 	81	 
	Section 5.03 Taxes
	 	 	82	 
	Section 5.04 Financial Statements, Reports, etc
	 	 	83	 
	Section 5.05 Litigation and Other Notices
	 	 	85	 
	Section 5.06 Compliance with Laws
	 	 	85	 
	Section 5.07 Maintaining Records; Access to Properties and Inspections
	 	 	85	 
	Section 5.08 Use of Proceeds
	 	 	85	 
	Section 5.09 Compliance with Environmental Laws
	 	 	85	 
	Section 5.10 Further Assurances
	 	 	86	 
	Section 5.11 Fiscal Year
	 	 	87	 
	Section 5.12 Proceeds of Certain Dispositions
	 	 	87	 
	Section 5.13 Post-Closing Matters
	 	 	87	 
	 
	 	 	 	 
	ARTICLE VI
NEGATIVE COVENANTS

	 
	 	 	 	 
	Section 6.01 Indebtedness
	 	 	88	 
	Section 6.02 Liens
	 	 	91	 
	Section 6.03 Sale and Lease-Back Transactions
	 	 	94	 
	Section 6.04 Investments, Loans and Advances
	 	 	94	 
	Section 6.05 Mergers, Consolidations, Sales of Assets and Acquisitions
	 	 	96	 
	Section 6.06 Dividends and Distributions
	 	 	98	 
	Section 6.07 Transactions with Affiliates
	 	 	99	 
	Section 6.08 Business of the Domestic Borrower and the Subsidiaries
	 	 	101	 
	Section 6.09 Limitation on Modifications of Senior Subordinated Indebtedness;
and Certain Other Agreements
	 	 	101	 
	Section 6.10 Capital Expenditures
	 	 	103	 

 

ii

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	Section 6.11 Interest Coverage Ratio
	 	 	103	 
	Section 6.12 Leverage Ratio
	 	 	103	 
	Section 6.13 Swap Agreements
	 	 	103	 
	Section 6.14 Designated Senior Debt
	 	 	103	 
	 
	 	 	 	 
	ARTICLE VII
EVENTS OF DEFAULT

	 
	 	 	 	 
	Section 7.01 Events of Default
	 	 	103	 
	Section 7.02 Exclusion of Immaterial Subsidiaries
	 	 	106	 
	 
	 	 	 	 
	ARTICLE VIII
THE AGENTS

	 
	 	 	 	 
	Section 8.01 Appointment
	 	 	107	 
	Section 8.02 Nature of Duties
	 	 	108	 
	Section 8.03 Resignation by the Agents
	 	 	108	 
	Section 8.04 Each Agent in Its Individual Capacity
	 	 	109	 
	Section 8.05 Indemnification
	 	 	109	 
	Section 8.06 Lack of Reliance on Agents
	 	 	109	 
	Section 8.07 European Administrative Agent
	 	 	110	 
	Section 8.08 Appointment of Supplemental Collateral Agents
	 	 	110	 
	 
	 	 	 	 
	ARTICLE IX
MISCELLANEOUS

	 
	 	 	 	 
	Section 9.01 Notices
	 	 	111	 
	Section 9.02 Survival of Agreement
	 	 	112	 
	Section 9.03 Binding Effect
	 	 	112	 
	Section 9.04 Successors and Assigns
	 	 	112	 
	Section 9.05 Expenses; Indemnity
	 	 	116	 
	Section 9.06 Right of Set-off
	 	 	118	 
	Section 9.07 Applicable Law
	 	 	118	 
	Section 9.08 Waivers; Amendment
	 	 	118	 
	Section 9.09 Interest Rate Limitation
	 	 	120	 
	Section 9.10 Entire Agreement
	 	 	120	 
	Section 9.11 WAIVER OF JURY TRIAL
	 	 	121	 
	Section 9.12 Severability
	 	 	121	 
	Section 9.13 Counterparts
	 	 	121	 
	Section 9.14 Headings
	 	 	121	 

 

iii

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	Section 9.15 Jurisdiction; Consent to Service of Process
	 	 	121	 
	Section 9.16 Confidentiality
	 	 	122	 
	Section 9.17 Direct Website Communications
	 	 	123	 
	Section 9.18 Release of Liens and Guarantees
	 	 	124	 
	Section 9.19 U.S. Patriot Act
	 	 	124	 
	Section 9.20 Judgment
	 	 	124	 
	Section 9.21 Substitution of Currency
	 	 	125	 
	Section 9.22 Termination or Release
	 	 	125	 
	Section 9.23 Pledge and Guarantee Restrictions
	 	 	125	 
	Section 9.24 Matters Pertaining to the French Borrower and to Any
Additional Foreign Borrower Organized Under the Laws
of France
	 	 	126	 
	Section 9.25 Reaffirmation of Letters of Credit
	 	 	127	 

 

iv

 

Exhibits, Annexes and Schedules

	 	 	 
	Exhibit A

	 	Form of Assignment and Acceptance
	Exhibit B

	 	Form of Administrative Questionnaire
	Exhibit C-1

	 	Form of Borrowing Request
	Exhibit C-2

	 	Form of Swingline Borrowing Request
	Exhibit D

	 	Form of Mortgage
	Exhibit E

	 	Form of Domestic Collateral Agreement
	Exhibit F

	 	Reserve Costs for Mandatory Costs Rate
	Exhibit G

	 	Form of Solvency Certificate of Dresser-Rand Group Inc.
	Exhibit H

	 	Form of Credit Agreement Supplement
	Exhibit I

	 	Form of Term Note
	Exhibit J

	 	Form of Revolving Note
	 
	 	 
	Schedule 1.01(a)

	 	Certain Subsidiaries
	Schedule 2.01

	 	Commitments
	Schedule 3.01

	 	Organization and Good Standing
	Schedule 3.04

	 	Governmental Approvals
	Schedule 3.07(e)

	 	Condemnation Proceedings
	Schedule 3.07(g)

	 	Subsidiaries
	Schedule 3.07(h)

	 	Subscriptions
	Schedule 3.08(a)

	 	Litigation
	Schedule 3.08(b)

	 	Violations
	Schedule 3.12

	 	Taxes
	Schedule 3.15(g)

	 	Environmental Matters
	Schedule 3.17(a)

	 	Owned Real Property
	Schedule 3.17(b)

	 	Leased Real Property
	Schedule 3.19

	 	Labor Matters
	Schedule 3.20

	 	Insurance
	Schedule 5.13

	 	Post-Closing Matters
	Schedule 6.01

	 	Indebtedness
	Schedule 6.02(a)

	 	Liens
	Schedule 6.04

	 	Investments
	Schedule 6.07

	 	Transactions with Affiliates

 

v

 

CREDIT AGREEMENT dated as of March 15, 2011 (this “Agreement”), is among DRESSER-RAND
GROUP INC., a Delaware corporation (the “Domestic Borrower”), and D-R HOLDINGS (France)
S.A.S., a corporation organized under the laws of France (the “French Borrower”), any
Additional Foreign Borrower (as hereinafter defined) that becomes a Borrower (as hereinafter
defined) pursuant to the terms thereof, the LENDERS party hereto from time to time, JPMORGAN CHASE
BANK, N.A., as administrative agent (in such capacity, together with any successor administrative
agent appointed pursuant to the provisions of Article VIII, the “Administrative Agent”) and
as collateral agent (in such capacity, together with any successor collateral agent appointed
pursuant to the provisions of Article VIII, the “Collateral Agent”) for the Lenders, J.P.
MORGAN EUROPE LIMITED, as European administrative agent, (in such capacity, the “European
Administrative Agent”), and BANK OF AMERICA, N.A., COMMERZBANK AG, NEW YORK AND GRAND CAYMAN
BRANCH, DNB NOR BANK ASA, SOVEREIGN BANK and WELLS FARGO BANK, N.A., each as co-syndication agent
(in such capacity, the “Co-Syndication Agents”).

W I T N E S S E T H:

WHEREAS, the Borrowers have requested the Lenders to extend credit in the form of Revolving
Facility Loans and Letters of Credit at any time and from time to time prior to the Maturity Date,
in an aggregate principal amount at any time outstanding not in excess of $600.0 million;

WHEREAS, the Domestic Borrower has requested the Lenders to extend credit in the form of Term
Facility Loans on the Closing Date, in an aggregate principal amount of $160.0 million; and

WHEREAS, the Domestic Borrower has requested the Lenders to extend credit in the form of
Delayed Draw Term Loans available in a single draw at any time during the Delayed Draw Availability
Period, in an aggregate principal amount not in excess of $240.0 million.

NOW, THEREFORE, the Lenders are willing to extend such credit to the Borrowers on the terms
and subject to the conditions set forth herein. Accordingly, the parties hereto agree as follows:

ARTICLE I

DEFINITIONS

Section 1.01 Defined Terms. As used in this Agreement, the following terms shall have
the meanings specified below:

“2014 Second Supplemental Indenture” shall mean the Second Supplemental Indenture to
the 2014 Senior Subordinated Note Indenture entered into pursuant to the 2014 Senior Subordinated
Notes Tender Offer.

“2014 Senior Subordinated Note Documents” shall mean the 2014 Senior Subordinated
Notes and the 2014 Senior Subordinated Note Indenture.

 

1

 

“2014 Senior Subordinated Note Indenture” shall mean the Indenture dated as of October
29, 2004 under which the 2014 Senior Subordinated Notes were issued, among the Domestic Borrower
and Citibank, N.A., as trustee, as amended, restated, supplemented or otherwise modified from time
to time in accordance with the requirements thereof and of this Agreement.

“2014 Senior Subordinated Notes” shall mean the Domestic Borrower’s 7-3⁄8% Senior
Subordinated Notes due 2014 issued pursuant to the 2014 Senior Subordinated Note Indenture and any
notes issued by the Domestic Borrower in exchange for, and as contemplated by, the 2014 Senior
Subordinated Notes and the related registration rights agreement with substantially identical terms
as the 2014 Senior Subordinated Notes.

“2014 Senior Subordinated Notes Tender Offer” shall mean the tender offer for the 2014
Senior Subordinated Notes commenced by the Domestic Borrower on March 8, 2011.

“2021 Senior Subordinated Note Documents” shall mean the 2021 Senior Subordinated
Notes and the 2021 Senior Subordinated Note Indenture.

“2021 Senior Subordinated Note Indenture” shall mean the Indenture to be dated as of
the 2021 Senior Subordinated Notes Closing Date under which the 2021 Senior Subordinated Notes are
to be issued, among the Domestic Borrower and Wilmington Trust Company, as trustee, as amended,
restated, supplemented or otherwise modified from time to time in accordance with the requirements
thereof and of this Agreement.

“2021 Senior Subordinated Notes” shall mean the Domestic Borrower’s 6.5% Senior
Subordinated Notes due 2021 issued pursuant to the 2021 Senior Subordinated Note Indenture and any
notes issued by the Domestic Borrower in exchange for, and as contemplated by, the 2021 Senior
Subordinated Notes and the related registration rights agreement with substantially identical terms
as the 2021 Senior Subordinated Notes.

“2021 Senior Subordinated Notes Closing Date” shall mean the closing date of the
offering of the 2021 Senior Subordinated Notes contemplated by the Preliminary Offering Memorandum
of the Domestic Borrower dated March 9, 2011.

“ABR Borrowing” shall mean a Borrowing comprised of ABR Loans.

“ABR Loan” shall mean any Revolving Facility Loan, Swingline Loan, Term Facility Loan,
or Delayed Draw Term Loan bearing interest at a rate determined by reference to the Alternate Base
Rate.

“ABR Borrowing” shall mean a Borrowing comprised of ABR Loans.

“Additional Foreign Borrower” shall mean any direct or indirect wholly-owned Foreign
Subsidiary of the Domestic Borrower that shall become a party to this Agreement pursuant to Section
2.23.

“Additional Foreign Subsidiary Loan Party” shall mean with respect to each Additional
Foreign Borrower, each Wholly Owned Subsidiary of such Additional Foreign Borrower that (a) is (i)
a Foreign Subsidiary, (ii) a Material Subsidiary and (iii) organized under the same
jurisdiction as such Additional Foreign Borrower and (b) is not (i) a Special Purpose
Receivables Subsidiary, (ii) listed on Schedule 1.01(a), or (iii) a Subsidiary whose
guarantee of the Obligations of such Additional Foreign Borrower is prohibited under Section 9.23.

 

2

 

“Adjusted LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing for any
Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%)
equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b) Statutory
Reserves applicable to such Eurocurrency Borrowing, if any.

“Administrative Agent” shall have the meaning assigned to such term in the
introductory paragraph of this Agreement.

“Administrative Agent Fees” shall have the meaning assigned to such term in Section
2.13(c).

“Administrative Questionnaire” shall mean an Administrative Questionnaire in the form
of Exhibit B.

“Affiliate” shall mean, when used with respect to a specified Person, another Person
that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is
under common Control with the Person specified.

“Agent Parties” shall have the meaning assigned to such term in Section 9.17(c).

“Agents” shall mean the Administrative Agent and the Collateral Agent.

“Agreed Security Principles” shall mean any grant of a Lien or provision of a
guarantee by any Person that could:

(a) result in any breach of corporate benefit, financial assistance, capital
preservation, fraudulent preference, thin capitalization rules, retention of title claims
and similar laws or regulations (or analogous restrictions) of the jurisdiction of
organization of such Person;

(b) result in any risk to the officers of such Person of contravention of their
fiduciary duties and/or of civil or criminal liability;

(c) result in costs (tax, administrative or otherwise) that are materially
disproportionate to the benefit obtained by the beneficiaries of such Lien and/or guarantee;

(d) result in a breach of a material agreement binding on such Person that may not be
amended or otherwise modified using commercially reasonable efforts to avoid such breach; or

(e) result in a Lien being granted over assets, the acquisition of which was financed
from a subsidy or payments, the terms of which prohibit any assets acquired with such
subsidy or payment being used as Collateral.

 

3

 

“Agreement” shall have the meaning assigned to such term in the introductory paragraph
of this Agreement.

“Alternate Base Rate” shall mean, for any day, a rate per annum equal to the greatest
of (a) the Base Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such
day plus 1/2 of 1.0% and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or
if such day is not a Business Day, the immediately preceding Business Day) plus 1.0%. Any change
in the Alternate Base Rate due to a change in the Base Rate, the Federal Funds Effective Rate or
the Adjusted LIBO Rate shall be effective from and including the effective date of such change in
the Base Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate, respectively.

“Applicable Margin” shall mean for any day with respect to any Eurocurrency Loan and
any ABR Loan, the applicable margin per annum set forth below under the caption “Eurocurrency
Spread,” and “ABR Spread,” as applicable, based upon the Leverage Ratio as of the last date of the
most recent fiscal quarter of the Domestic Borrower.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Eurocurrency	 
	Leverage Ratio:	 	ABR Spread	 	 	Spread	 
	Category
1
	 	 	1.75	%	 	 	2.75	%
	Equal to or greater than 3.00 to 1.00
	 	 	 	 	 	 	 	 
	Category
2
	 	 	1.50	%	 	 	2.50	%
	Less than 3.00 to 1.00 but equal to or
greater than 2.25 to 1.00
	 	 	 	 	 	 	 	 
	Category 3
	 	 	1.25	%	 	 	2.25	%
	Less than 2.25 to 1.00 but equal to or
greater than 1.50 to 1.00
	 	 	 	 	 	 	 	 
	Category 4
	 	 	1.00	%	 	 	2.00	%
	Less than 1.50 to 1.00
	 	 	 	 	 	 	 	 

For purposes of the foregoing, (1) the Leverage Ratio shall be determined as of the end of
each fiscal quarter of the Domestic Borrower’s fiscal year based upon the consolidated financial
information of the Domestic Borrower and its Subsidiaries delivered pursuant to Section 5.04(a) or
(b) and (2) each change in the Applicable Margin resulting from a change in the Leverage Ratio
shall be effective on the first Business Day after the date of delivery to the Administrative Agent
of such consolidated financial information indicating such change and ending on the date
immediately preceding the effective date of the next such change; provided that the Leverage Ratio
shall be deemed to be in Category 1 at the option of the Administrative Agent or the Required
Lenders, at any time during which the Domestic Borrower fails to deliver the consolidated financial
information when required to be delivered pursuant to Section 5.04(a) or (b), during the period
from the expiration of the time for delivery thereof until such consolidated financial information
is delivered.

“Approved Fund” shall have the meaning assigned to such term in Section 9.04(b).

 

4

 

“Asset Acquisition” shall mean any Permitted Business Acquisition, the aggregate
consideration for which exceeds $5.0 million.

“Asset Disposition” shall mean any sale, transfer or other disposition by the Domestic
Borrower or any Subsidiary to any Person other than the Domestic Borrower or any Subsidiary to the
extent otherwise permitted hereunder of any asset or group of related assets (other than inventory
or other assets sold, transferred or otherwise disposed of in the ordinary course of business) in
one or a series of related transactions, the Net Proceeds from which exceed $5.0 million.

“Assignment and Acceptance” shall mean an assignment and acceptance entered into by a
Lender and an assignee, and accepted by the Administrative Agent and the Borrowers (if required by
such assignment and acceptance), in the form of Exhibit A or such other form as shall be
approved by the Administrative Agent.

“Base Rate” shall mean the rate of interest per annum publicly announced from time to
time by the Administrative Agent as its prime rate in effect at its principal office in New York,
New York; each change in the Base Rate shall be effective from and including the date such change
is publicly announced as being effective. Such rate is set by the Administrative Agent as a
general reference rate of interest, taking into account such factors as the Administrative Agent
may deem appropriate; it being understood that many of the Administrative Agent’s commercial or
other loans are priced in relation to such rate, that it is not necessarily the lowest or best rate
actually charged to any customer and that the Administrative Agent may make various commercial or
other loans at rates of interest having no relationship to such rate.

“Board” shall mean the Board of Governors of the Federal Reserve System of the United
States of America.

“Borrowers” shall mean, collectively, the Domestic Borrower and the Foreign Borrowers.

“Borrowing” shall mean a group of Loans of a single Type under a single Facility and
made on a single date and, in the case of Eurocurrency Loans, as to which a single Interest Period
is in effect.

“Borrowing Minimum” shall mean (a) in the case of an ABR Borrowing, $1.0 million (or
the Equivalent determined on the date of delivery of the applicable Borrowing Request or notice of
repayment in the applicable Foreign Currency of $1.0 million), (b) in the case of a Eurocurrency
Borrowing, $5.0 million (or the Equivalent determined on the date of delivery of the applicable
Borrowing Request or notice of repayment in the applicable Foreign Currency of $5.0 million), and
(c) and (d) in the case of a Swingline Borrowing, $500,000 (or the Equivalent determined on the
date of delivery of the applicable Swingline Borrowing Request in the applicable Foreign Currency
of $500,000).

“Borrowing Multiple” shall mean (a) in the case of a Borrowing other than a Swingline
Borrowing, $1.0 million (or the Equivalent determined on the date of delivery of the applicable
Borrowing Request or notice of repayment in the applicable Foreign Currency of $1.0 million) and
(b) in the case of a Swingline Borrowing, $500,000 (or the Equivalent determined on the
date of delivery of the applicable Swingline Borrowing Request or notice of repayment in the
applicable Foreign Currency of $500,000).

 

5

 

“Borrowing Request” shall mean a request by a Borrower in accordance with the terms of
Section 2.03 and substantially in the form of Exhibit C-1.

“Business” shall mean the business of, among other things, the design, manufacture,
sale, maintenance and repair of gas and steam compression equipment (including centrifugal and
reciprocating compressors and steam and gas turbines), all as conducted by the Borrowers and their
Subsidiaries on the Closing Date.

“Business Day” shall mean any day that is not a Saturday, Sunday or other day on which
commercial banks in New York City are authorized or required by law to remain closed; provided that
when used in connection with a Eurocurrency Loan, the term “Business Day” shall also
exclude any day on which banks are not open for dealings in deposits in the applicable currency in
the London interbank market and in case of a Loan denominated in Euros, the term Business Day shall
also exclude any day on which the Trans-European Automated Real-Time Gross Settlement Express
Transfer (TARGET) System is not open.

“Calculation Period” shall mean, as of any date of determination, the period of four
consecutive fiscal quarters ending on such date or, if such date is not the last day of a fiscal
quarter, ending on the last day of the fiscal quarter of the Domestic Borrower most recently ended
prior to such date.

“Capital Expenditures” shall mean, for any Person in respect of any period, the
aggregate of all expenditures incurred by such Person during such period that, in accordance with
GAAP, are or should be included in “additions to property, plant or equipment” or similar items
reflected in the statement of cash flows of such Person; provided, however, that Capital
Expenditures for the Domestic Borrower and its Subsidiaries shall not include:

(a) expenditures of proceeds of insurance settlements, condemnation awards and other
settlements in respect of lost, destroyed, damaged or condemned assets, equipment or other
property to the extent such expenditures are made to replace or repair such lost, destroyed,
damaged or condemned assets, equipment or other property or otherwise to acquire, maintain,
develop, construct, improve, upgrade or repair assets or properties useful in the business
of the Domestic Borrower and the Subsidiaries within 12 months of receipt of such proceeds,

(b) interest capitalized in accordance with GAAP during such period,

(c) expenditures that are accounted for as capital expenditures of such Person and that
actually are paid for by a third party (excluding the Domestic Borrower or any Subsidiary)
and for which neither the Domestic Borrower nor any Subsidiary has provided or is required
to provide or incur, directly or indirectly, any consideration or obligation to such third
party or any other Person (whether before, during or after such period),

 

6

 

(d) the book value of any asset owned by such Person prior to or during such period to
the extent that such book value is included as a capital expenditure during such period as a
result of such Person reusing or beginning to reuse such asset during such period without a
corresponding expenditure actually having been made in such period, provided that (i) any
expenditure necessary in order to permit such asset to be reused shall be included as a
Capital Expenditure during the period that such expenditure actually is made and (ii) such
book value shall have been included in Capital Expenditures when such asset was originally
acquired,

(e) the purchase price of equipment purchased during such period to the extent the
consideration therefor consists of any combination of (i) used or surplus equipment traded
in at the time of such purchase and (ii) the proceeds of a concurrent sale of used or
surplus equipment, in each case, in the ordinary course of business,

(f) Investments in respect of a Permitted Business Acquisition, or

(g) the purchase price of equipment that is purchased substantially contemporaneously
with the trade-in of existing equipment to the extent that the gross amount of such purchase
price is reduced by the credit granted by the seller of such equipment for the equipment
being traded in at such time.

“Capital Lease Obligations” of any Person shall mean the obligations of such Person to
pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real
or personal property, or a combination thereof, which obligations are required to be classified and
accounted for as capital leases on a balance sheet of such Person under GAAP and, for purposes
hereof, the amount of such obligations at any time shall be the capitalized amount thereof at such
time determined in accordance with GAAP.

“Cash Interest Expense” shall mean, with respect to the Domestic Borrower and its
Subsidiaries on a consolidated basis for any period, Interest Expense for such period, less the sum
of (a) pay-in-kind Interest Expense or other non-cash Interest Expense (including as a result of
the effects of purchase accounting), (b) to the extent included in Interest Expense, the
amortization of any financing fees paid by, or on behalf of, the Domestic Borrower or any
Subsidiary, including such fees paid in connection with the Transactions, (c) the amortization of
debt discounts, if any, or fees in respect of Swap Agreements and (d) cash interest income of the
Domestic Borrower and its Subsidiaries for such period; provided that Cash Interest Expense shall
exclude any one-time financing fees paid in connection with the Transactions or any amendment of
this Agreement or upon entering into a Permitted Receivables Financing.

A “Change in Control” shall be deemed to occur if (a) at any time, a “Change in
Control” shall occur under the Senior Subordinated Note Indenture or under any Permitted Senior
Debt Securities or Permitted Subordinated Debt Securities or (b) at any time, any Person or group
(within the meaning of Rule 13d 5 of the Exchange Act as in effect on the Closing Date), shall
acquire ownership, of record or beneficially (within the meaning of Rule 13d-5 of the Exchange Act
as in effect on the Closing Date), directly or indirectly, in the aggregate Equity Interests
representing 35% or more of the aggregate ordinary voting power represented by the issued and
outstanding Equity Interests of the Domestic Borrower.

 

7

 

“Change in Law” shall mean (a) the adoption of any law, rule or regulation after the
Closing Date, (b) any change in law, rule or regulation or in the interpretation or application
thereof by any Governmental Authority after the Closing Date or (c) compliance by any Lender or
Issuing Bank (or, for purposes of Section 2.16(b), by any lending office of such Lender or by such
Lender’s or Issuing Bank’s holding company, if any) with any written request, guideline or
directive (whether or not having the force of law but if not having the force of law, then being
one with which the relevant party would customarily comply) of any Governmental Authority made or
issued after the Closing Date; provided that notwithstanding anything herein to the contrary, the
Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or
directives thereunder or issued in connection therewith shall be deemed to be a “Change in “Law”,
regardless of the date enacted, adopted or issued.

“Charges” shall have the meaning assigned to such term in Section 9.09.

“Closing” shall mean the effectiveness of this Agreement.

“Closing Date” shall mean March 15, 2011.

“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time.

“Collateral” shall mean all the “Collateral” as defined in any Security Document and
shall also include the Mortgaged Properties.

“Collateral Agent” shall have the meaning given such term in the introductory
paragraph of this Agreement.

“Collateral Agreements” shall mean the Domestic Collateral Agreement, the French
Collateral Agreement and the Foreign Collateral Agreement.

“Collateral and Guarantee Requirement” shall mean the requirement that:

(a) on the Closing Date, the Collateral Agent shall have received from the Domestic
Borrower and each Domestic Subsidiary Loan Party a counterpart of the Domestic Collateral
Agreement duly executed and delivered on behalf of such Person, and executed in blank stock
transfer forms;

(b) the Collateral Agent shall have received, on or prior to the first date on which
any Loans are made to or Letters of Credit are issued for the account of the French
Borrower, the French Collateral Agreements, Foreign Guarantees and other collateral
documents and legal opinions reasonably requested by the Collateral Agent all of which shall
be in form and substance reasonably satisfactory to the Collateral Agent;

(c) on the Closing Date, the Collateral Agent shall have received or shall otherwise
have received a pledge over all the issued and outstanding Equity Interests of (i) each
Subsidiary Loan Party directly owned on the Closing Date by any Loan Party and (ii) any
other Material Subsidiary directly owned on the Closing Date by any Loan Party, except, in
each case, to the extent that a pledge of such Equity Interests is not permitted under
Section 9.23; and, other than as set forth in Schedule 5.13, the Collateral Agent
shall have received all certificates or other instruments (if any) representing such
Equity Interests, together with stock powers or other instruments of transfer with respect
thereto endorsed in blank;

 

8

 

(d) in the case of any Person that becomes a Subsidiary Loan Party after the Closing
Date, the Collateral Agent shall have received (i) in the case of a Domestic Subsidiary Loan
Party, a supplement to the Domestic Collateral Agreement, in the form specified therein,
duly executed and delivered on behalf of such Domestic Subsidiary Loan Party, (ii) in the
case of a French Subsidiary Loan Party, a Foreign Collateral Agreement, in the form
specified therein, duly executed and delivered on behalf of such French Subsidiary Loan
Party and a Foreign Guarantee; provided that any French Subsidiary Loan Party shall only
guarantee the French Subsidiary Obligations and (iii) in the case of any other Foreign
Subsidiary Loan Party, a Foreign Guarantee and a Foreign Collateral Agreement, duly executed
and delivered on behalf of such Foreign Subsidiary Loan Party; provided, in each case, that
any Foreign Subsidiary Loan Party shall only guarantee or support Obligations or pledge
assets to the extent permitted under Section 9.23; provided further, in each case, that if
any Subsidiary Loan Party owns Equity Interests of a Material Subsidiary which is a Foreign
Subsidiary, such Equity Interests may be pledged in lieu of the foregoing pursuant to a
foreign pledge agreement, duly executed and delivered on behalf of such Subsidiary Loan
Party;

(e) after the Closing Date and within the time period set forth in Section 5.10(c), all
the outstanding Equity Interests directly owned by a Loan Party of any Person that becomes
(i) a Subsidiary Loan Party or (ii) a Material Subsidiary after the Closing Date, shall have
been pledged pursuant to the applicable Collateral Agreement, as applicable to the extent
permitted under Section 9.23, and the Collateral Agent shall have received all certificates
or other instruments (if any) representing such Equity Interests, together with stock powers
or other instruments of transfer with respect thereto endorsed in blank or shall have
otherwise received a pledge over such Equity Interests;

(f) [Reserved];

(g) all documents and instruments, including UCC financing statements, required by law
or reasonably requested by the Collateral Agent to be filed, registered or recorded to
create the Liens intended to be created by the Security Documents (in each case, including
any supplements thereto) and perfect such Liens to the extent required by, and with the
priority required by, the Security Documents, shall have been filed, registered or recorded
or delivered to the Collateral Agent for filing, registration or the recording concurrently
with, or promptly following, the execution and delivery of each such Security Document;

(h) each Loan Party shall have obtained all consents and approvals required to be
obtained by it in connection with the execution and delivery of all Security Documents (or
supplements thereto) to which it is a party and the granting by it of the Liens thereunder
and the performance of its obligations thereunder;

 

9

 

(i) within 60 days following the Closing Date, the Collateral Agent shall receive from
the applicable Loan Parties the Mortgages and such other documents, instruments, legal
opinions and materials reasonably requested by the Collateral Agent relating to Material
Real Property located in the United States that constitutes Collateral, all of which shall
be in form and substance reasonably satisfactory to Collateral Agent:

(j) the Collateral Agent shall receive from the applicable Loan Parties documents and
instruments relating to Material Real Property located outside the United States that
constitutes Collateral that are customarily provided under the applicable law of the
jurisdiction in which such Material Real Property is located to create a valid and perfected
Lien on such Material Real Property under the applicable law of the jurisdiction in which
such Material Real Property is located; provided that such Material Real Property shall only
be pledged to the extent permitted under Section 9.23, and provided further that the
Administrative Agent may, in its good faith discretion, consent to a waiver of the pledge of
such Material Real Property. With respect to Material Real Property located outside the
United States that constitutes Collateral, such documents and instruments shall be provided
within 90 days after the Closing Date and with respect to each after-acquired Material Real
Property located outside the United States that constitutes Collateral, such documents and
instruments shall be provided within 90 days after the acquisition of such Material Real
Property.

(k) With respect to each of the items identified in this definition of “Collateral and
Guarantee Requirement” that are required to be delivered on a date after the Closing Date,
the Administrative Agent, in each case, may extend such date in its sole discretion.

“Commitment Fee” shall have the meaning assigned to such term in Section 2.13(a).

“Commitments” shall mean (a) with respect to any Lender, such Lender’s Revolving
Facility Commitment, Term Facility Commitment, and Delayed Draw Commitment and (b) with respect to
any Swingline Lender, its Swingline Commitment. Within each Facility, all Commitments and loans
shall be held ratably; provided, that any lender may elect to have any portion of its Commitments
or Loans attributable to any Foreign Borrower held thru an Affiliate.

“Communications” shall have the meaning assigned to such term in Section 9.17.

“Consolidated Debt” at any date shall mean (without duplication) all Indebtedness
consisting of Capital Lease Obligations, Indebtedness for borrowed money (other than letters of
credit to the extent undrawn) and Indebtedness in respect of the deferred purchase price of
property or services of the Domestic Borrower and its Subsidiaries determined on a consolidated
basis on such date plus any Receivables Net Investment.

“Consolidated Net Income” shall mean, with respect to any Person for any period, the
aggregate of the Net Income of such Person and its subsidiaries for such period, on a consolidated
basis; provided, however, that

(a) any net after-tax extraordinary, unusual or nonrecurring gains or losses (less all
fees and expenses related thereto) or income or expenses or charges (including, without
limitation any severance, relocation and other restructuring expenses and fees,
expenses or charges related to any offering of Equity Interests of such Person, any
Investment, acquisition or Indebtedness permitted to be incurred hereunder (in each case,
whether or not successful), including all fees, expenses and charges related to the
Transactions), in each case, shall be excluded; provided, that with respect to each
nonrecurring item, the Domestic Borrower shall have delivered to the Administrative Agent an
officers’ certificate specifying and quantifying such item and stating that such item is a
nonrecurring item,

 

10

 

(b) any net after-tax income or loss from discontinued operations and any net after-tax
gain or loss on disposal of discontinued operations shall be excluded,

(c) any net after-tax gain or loss (less all fees and expenses or charges relating
thereto) attributable to business dispositions or asset dispositions other than in the
ordinary course of business (as determined in good faith by the Board of Directors of the
Domestic Borrower) shall be excluded,

(d) any net after-tax income or loss (less all fees and expenses or charges relating
thereto) attributable to the early extinguishment of indebtedness (including obligations
under Swap Agreements) shall be excluded,

(e) (i) the Net Income for such period of any Person that is not a subsidiary of such
Person, or that is accounted for by the equity method of accounting, shall be included only
to the extent of the amount of dividends or distributions or other payments paid in cash (or
to the extent converted into cash) to the referent Person or a subsidiary thereof in respect
of such period and (ii) the Net Income for such period shall include any dividend,
distribution or other payment in respect of equity paid in cash by such Person in excess of
the amounts included in clause (i),

(f) the Net Income for such period of any subsidiary (that is not a Loan Party) of such
Person shall be excluded to the extent that the declaration or payment of dividends or
similar distributions by such subsidiary of its Net Income is not at the date of
determination permitted without any prior governmental approval (which has not been
obtained) or, directly or indirectly, by the operation of the terms of its charter or any
agreement, instrument, judgment, decree, order, statute, rule, or governmental regulation
applicable to that subsidiary or its stockholders or members, unless such restriction with
respect to the payment of dividends or in similar distributions has been legally waived
(provided that the net loss of any such subsidiary shall be included to the extent funds are
disbursed by such Person or any other subsidiary of such Person in respect of such loss and
that Consolidated Net Income of such Person shall be increased by the amount of dividends or
distributions or other payments that are actually paid in cash (or to the extent converted
into cash) by such subsidiary to the Domestic Borrower or another Subsidiary in respect of
such period to the extent not already included therein),

(g) Consolidated Net Income for such period shall not include the cumulative effect of
a change in accounting principles during such period,

 

11

 

(h) any non-cash charges from the application of the purchase method of accounting in
connection with any future acquisition, to the extent such charges are deducted in computing
such Consolidated Net Income shall be excluded,

(i) accruals and reserves that are established within twelve months after the Closing
Date and that are so required to be established in accordance with GAAP shall be excluded,

(j) any non-cash impairment charges resulting from the application of Statements of
Financial Accounting Standards No. 142 and No. 144 and the amortization of intangibles
pursuant to Statement of Financial Accounting Standards No. 141 shall be excluded, and

(k) any long-term incentive plan accruals and any non-cash compensation expense
realized from grants of stock appreciation or similar rights, stock options or other rights
to officers, directors and employees of such Person or any of its subsidiaries shall be
excluded.

“Consolidated Total Assets” shall mean, as of any date, the total assets of the
Domestic Borrower and the consolidated Subsidiaries, determined in accordance with GAAP, in each
case as set forth on the consolidated balance sheet of the Domestic Borrower as of such date.

“Control” shall mean the possession, directly or indirectly, of the power to direct or
cause the direction of the management or policies of a Person, whether through the ownership of
voting securities, by contract or otherwise, and “Controlling” and “Controlled” shall have meanings
correlative thereto.

“Co-Syndication Agent” shall have the meaning assigned to such term in the
introductory paragraph of this Agreement.

“Credit Agreement Supplement” has the meaning specified in Section 2.23.

“Credit Event” shall have the meaning assigned to such term in Article IV.

“Debt Service” shall mean, with respect to the Domestic Borrower and its Subsidiaries
on a consolidated basis for any period, Cash Interest Expense for such period plus scheduled
principal amortization of Consolidated Debt for such period.

“Default” shall mean any event or condition that upon notice, lapse of time or both
would constitute an Event of Default.

“Defaulting Lender” shall mean any Lender with respect to which a Lender Default is in
effect.

“Delayed Draw Availability Period” shall mean the period from and including the
Closing Date to and including the day that is 120 days after the Closing Date.

 

12

 

“Delayed Draw Borrowing” shall mean a Borrowing comprised of Delayed Draw Term Loans.

“Delayed Draw Commitment” shall mean, with respect to each Delayed Draw Lender, the
commitment of such Delayed Draw Lender to make its Delayed Draw Term Loan to the Domestic Borrower
pursuant to Section 2.01(c), expressed as a Dollar amount representing the maximum aggregate
permitted amount of such Delayed Draw Lender’s Delayed Draw Credit Exposure hereunder. The Dollar
amount of each Delayed Draw Lender’s Delayed Draw Commitment is set forth on Schedule 2.01,
or in the Assignment and Acceptance pursuant to which such Delayed Draw Lender shall have assumed
its Delayed Draw Commitment, as applicable. The aggregate Dollar amount of the Delayed Draw
Commitments on the date hereof is $240.0 million.

“Delayed Draw Credit Exposure” shall mean, at any time, the sum of the aggregate
principal amount of the Delayed Draw Term Loans outstanding at such time. The Delayed Draw Credit
Exposure of any Delayed Draw Lender at any time shall be the sum of the aggregate principal amount
of such Delayed Draw Lender’s Delayed Draw Term Loans outstanding at such time.

“Delayed Draw Facility” shall mean the Delayed Draw Commitments and the Delayed Draw
Term Loans made thereunder by the Delayed Draw Lenders.

“Delayed Draw Lender” shall mean a Lender with a Delayed Draw Commitment or with an
outstanding Delayed Draw Term Loan.

“Delayed Draw Term Loan” shall mean a Loan made by a Delayed Draw Lender pursuant to
Section 2.01(c).

“Dollars” or “$” shall mean lawful money of the United States of America.

“Domestic Borrower” shall have the meaning assigned to such term in the introductory
paragraph to this Agreement.

“Domestic Collateral Agreement” shall mean the Guarantee and Collateral Agreement,
dated as of the date hereof, substantially in the form of Exhibit E as amended,
supplemented or otherwise modified from time to time, among the Domestic Borrower, each Domestic
Subsidiary Loan Party and the Collateral Agent. 

“Domestic Loan Parties” shall mean the Domestic Borrower and each Domestic Subsidiary
Loan Party.

“Domestic Subsidiary” shall mean each Subsidiary that is not a Foreign Subsidiary.

“Domestic Subsidiary Loan Party” shall mean each Wholly Owned Subsidiary of the
Domestic Borrower that (a) is (i) a Domestic Subsidiary and (ii) a Material Subsidiary, and (b) is
not (i) a Special Purpose Receivables Subsidiary, (ii) listed on Schedule 1.01(a), or (iii)
a Subsidiary whose guarantee of the Obligations is prohibited under Section 9.23.

 

13

 

“Dresser-Rand France” shall mean Dresser-Rand S.A., a company organized under the laws
of France and registered under number 562 060 269 RCS Le Havre.

“EBITDA” shall mean, with respect to the Domestic Borrower and its Subsidiaries on a
consolidated basis for any period, the Consolidated Net Income of the Domestic Borrower and its
Subsidiaries for such period plus (a) the sum of (in each case without duplication and to the
extent the respective amounts described in subclauses (i) through (viii) of this clause (a) reduced
such Consolidated Net Income for the respective period for which EBITDA is being determined):

(i) provision for Taxes based on income, profits or capital of the Domestic Borrower
and its Subsidiaries for such period to the extent that such provision for taxes was
deducted in calculating Consolidated Net Income,

(ii) Interest Expense of the Domestic Borrower and its Subsidiaries for such period
(net of interest income of the Domestic Borrower and its Subsidiaries for such period),

(iii) depreciation, amortization (including amortization of intangibles, deferred
financing fees and any amortization expense included in pension, OPEB or other employee
benefit expenses) and other non-cash expenses (including, without limitation write-downs and
impairment of property, plant, equipment and intangibles and other long-lived assets and the
impact of purchase accounting on the Domestic Borrower and its Subsidiaries for such
period),

(iv) the amount of any restructuring charges (which, for the avoidance of doubt, shall
include retention, severance, systems establishment cost or excess pension, other
post-employment benefits, curtailment or other excess charges); provided that with respect
to each such restructuring charge, the Domestic Borrower shall have delivered to the
Administrative Agent an officers’ certificate specifying and quantifying such expense or
charge and stating that such expense or charge is a restructuring charge,

(v) equity earnings losses in Affiliates unless funds have been disbursed to such
Affiliates by the Domestic Borrower or any Subsidiary of the Domestic Borrower,

(vi) other non-operating expenses,

(vii) the minority interest expense consisting of subsidiary income attributable to
minority equity interests of third parties in any non-Wholly Owned Subsidiary in such period
or any prior period, except to the extent of dividends declared or paid on Equity Interests
held by third parties, and

(viii) accretion of asset retirement obligations in accordance with SFAS No. 143,
Accounting for Asset Retirement Obligations, and any similar accounting in prior periods;

 

14

 

minus (b) the sum of (in each case without duplication and to the extent the respective amounts
described in subclause (i) of this clause (b) increased such Consolidated Net Income for the
respective period for which EBITDA is being determined):

(i) non-cash items increasing Consolidated Net Income of the Domestic Borrower and its
Subsidiaries for such period (but excluding any such items which represent the reversal in
such period of any accrual of, or cash reserve for, anticipated cash charges in any prior
period where such accrual or reserve is no longer required).

“EMU” shall mean the Economic and Monetary Union as contemplated by the Treaty on
European Union.

“Environment” shall mean ambient and indoor air, surface water and groundwater
(including potable water, navigable water and wetlands), the land surface or subsurface strata or
sediment, natural resources such as flora and fauna, the workplace or as otherwise defined in any
Environmental Law.

“Environmental Claim” shall mean any and all actions, suits, demands, demand letters,
claims, liens, notices of non-compliance or violation, notices of liability or potential liability,
investigations, proceedings, consent orders or consent agreements relating in any way to any
Environmental Law or any Hazardous Material.

“Environmental Law” shall mean, collectively, all federal, state, local or foreign
laws, including common law, ordinances, regulations, rules, codes, orders, judgments or other
requirements or rules of law that relate to (a) the prevention, abatement or elimination of
pollution, or the protection of the Environment, natural resources or human health, or natural
resource damages, and (b) the use, generation, handling, treatment, storage, disposal, Release,
transportation or regulation of or exposure to Hazardous Materials, including the Comprehensive
Environmental Response Compensation and Liability Act, 42 U.S.C. §§ 9601 et seq., the Endangered
Species Act, 16 U.S.C. §§ 1531 et seq., the Solid Waste Disposal Act, as amended by the Resource
Conservation and Recovery Act, 42 U.S.C. §§ 6901 et seq., the Clean Air Act, 42 U.S.C. §§ 7401 et
seq., the Clean Water Act, 33 U.S.C. §§ 1251 et seq., the Toxic Substances Control Act, 15 U.S.C.
§§ 2601 et seq., the Emergency Planning and Community Right to Know Act, 42 U.S.C. §§ 11001 et
seq., each as amended, and their foreign, state or local counterparts or equivalents.

“Equity Interests” of any Person shall mean any and all shares, interests, rights to
purchase, warrants, options, participation or other equivalents of or interests in (however
designated) equity of such Person, including any preferred stock, any limited or general
partnership interest and any limited liability company membership interest.

“Equivalent” in Dollars of any Foreign Currency on any date shall mean the equivalent
in Dollars of such Foreign Currency determined by using the quoted spot rate at which the European
Administrative Agent’s principal office in London offers to exchange Dollars for such Foreign
Currency in London prior to 4:00 p.m. (London time) (unless otherwise indicated by the terms of
this Agreement) on such date as is required pursuant to the terms of this Agreement, and the
“Equivalent” in any Foreign Currency of Dollars shall mean the equivalent in such Foreign
Currency of Dollars determined by using the quoted spot rate at which the European
Administrative Agent’s principal office in London offers to exchange such Foreign Currency for
Dollars in London prior to 4:00 p.m. (London time) (unless otherwise indicated by the terms of this
Agreement) on such date as is required pursuant to the terms of this Agreement.

 

15

 

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as the same
may be amended from time to time.

“ERISA Affiliate” shall mean any trade or business (whether or not incorporated) that,
together with any Borrower or any Subsidiary, is treated as a single employer under Section 414 of
the Code.

“ERISA Event” shall mean (a) any Reportable Event; (b) the failure of any Plan to
satisfy the minimum funding standard applicable to that Plan for a plan year under Section 430 of
the Code or Section 301 of ERISA; (c) the filing pursuant to Section 412(c) of the Code or Section
302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to any
Plan, the failure to make by its due date a required installment under Section 412(m) of the Code
with respect to any Plan or the failure to make any required contribution to a Multiemployer Plan;
(d) the incurrence by any Borrower, Subsidiary or ERISA Affiliate of any liability under Title IV
of ERISA; (e) the receipt by any Borrower, Subsidiary or ERISA Affiliate from the PBGC or a plan
administrator of any notice relating to an intention to terminate any Plan or to appoint a trustee
to administer any Plan under Section 4042 of ERISA, or the occurrence of any event or condition
which could be reasonably be expected to constitute grounds under ERISA for the termination of, or
the appointment of a trustee to administer, any Plan; (f) the incurrence by any Borrower,
Subsidiary or ERISA Affiliate of any liability with respect to the withdrawal or partial withdrawal
from any Plan or Multiemployer Plan; (g) the receipt by any Borrower, Subsidiary or ERISA Affiliate
of any notice, or the receipt by any Multiemployer Plan from any Borrower, Subsidiary or ERISA
Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination that
a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the meaning
of Title IV of ERISA; (h) the occurrence of a nonexempt prohibited transaction (within the meaning
of Section 4975 of the Code or Section 406 of ERISA) which could reasonably be expected to result
in liability to any Borrower, Subsidiary or ERISA Affiliate; (i) the incurrence by any Borrower,
Subsidiary or ERISA Affiliate of a tax under Section 4980B of the Code; or (j) the incurrence by
any Borrower, Subsidiary or ERISA Affiliate of any liability under Section 502 of ERISA.

“EURIBO Rate” shall mean, in relation to any Loan in Euro:

(a) the applicable Screen Rate; or

(b) (if no Screen Rate is available for the Interest Period of that Loan) the
arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the
Administrative Agent by leading banks in the European interbank market,

as of 11:00 am London time on the Quotation Day for the offering of deposits in Euro for a period
comparable to the Interest Period of the relevant Loan.

“Eurocurrency Borrowing” shall mean a Borrowing comprised of Eurocurrency Loans.

 

16

 

“Eurocurrency Loan” shall mean any Loan denominated in Dollars or a Foreign Currency
bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the
provisions of Article II.

“European Administrative Agent” shall have the meaning assigned to such term in the
introductory paragraph of this Agreement.

“Euros” shall mean the single currency unit of the member states of the European
Community that adopt or have adopted that currency unit as its lawful currency in accordance with
legislation of the European Community relating to Economic and Monetary Union.

“Event of Default” shall have the meaning assigned to such term in Section 7.01.

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

“Excluded Indebtedness” shall mean all Indebtedness permitted to be incurred under
Section 6.01 (other than Sections 6.01(o) and (r)).

“Excluded Taxes” shall mean, with respect to any Agent, any Lender, any Issuing Bank
or any other recipient of any payment to be made by or on account of any obligation of any Loan
Party hereunder, (a) income or franchise taxes imposed on (or measured by) its net income or net
profits by the United States of America or by the jurisdiction under the laws of which such
recipient is organized or in which its principal office (or other fixed place of business) is
located or, in the case of any Lender, in which its applicable lending office is located, (b) any
branch profits tax or any similar tax that is imposed by any jurisdiction described in clause (a)
above, (c) other than in the case of an assignee pursuant to a request by such Loan Party under
Section 2.20(b), any withholding tax imposed by the United States or by the jurisdiction under the
laws of which such Loan Party is organized or in which its principal office (or other fixed place
of business) is located that is in effect and would apply to amounts payable hereunder to such
Lender or other recipient at the time such Lender or other recipient becomes a party to any Loan
Document (or designates a new lending office), except to the extent that such Lender or other
recipient (or its assignor, if any) was entitled, at the time of designation of a new lending
office (or assignment), to receive additional amounts from a Loan Party with respect to such
withholding tax pursuant to Section 2.18(a) or Section 2.18(c), (d) any withholding taxes
attributable to such Lender’s or such other recipient’s failure (other than as a result of a Change
in Law) to comply with Section 2.18(e) and (e) any United States withholding tax that is imposed by
FATCA; provided, however, that the term “Excluded Taxes” shall not include any taxes that
are imposed or otherwise due as a result of any action undertaken by one or more of such Agent,
Lender or Issuing Bank to collect funds due hereunder or under any other Loan Document or enforce
or exercise its rights or pursue any remedy provided hereunder or under any other Loan Document.

“Existing Credit Agreement” shall mean the Amended and Restated Credit Agreement,
dated as of August 30, 2007, among the Domestic Borrower and the French Borrower, as borrowers,
Citicorp North America, Inc., as administrative agent and as collateral agent for the Lenders (as
defined therein) and the other parties referred to therein.

 

17

 

“Facility” shall mean the respective facility and commitments utilized in making Loans
and credit extensions hereunder, it being understood that as of the date of this Agreement there
are three Facilities: (1) the Revolving Facility, (2) the Term Facility, and (3) the Delayed Draw
Facility.

“FATCA” shall mean Sections 1471 through 1474 of the Code (and any successor sections
thereto) and any regulations or official interpretations thereof.

“Federal Funds Effective Rate” shall mean, for any day, the weighted average (rounded
upward, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions
with members of the Federal Reserve System arranged by Federal funds brokers, as published on the
next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so
published for any day which is a Business Day, the average (rounded upward, if necessary, to the
next 1/100 of 1%) of the quotations for the day of such transactions received by the Administrative
Agent from three Federal funds brokers of recognized standing selected by it.

“Fee Letter” shall mean that certain Fee Letter dated February 24, 2011 by and among
the Domestic Borrower, the Administrative Agent and the Lead Arranger.

“Fees” shall mean the Commitment Fees, the L/C Participation Fees, the Issuing Bank
Fees and the Administrative Agent Fees.

“Financial L/C” shall mean a financial or documentary Letter of Credit.

“Financial Officer” of any Person shall mean the Chief Financial Officer, principal
accounting officer, Treasurer, Assistant Treasurer or Controller of such Person.

“Financial Performance Covenants” shall mean the covenants of the Domestic Borrower
set forth in Sections 6.11 and 6.12.

“Flow Through Entity” shall mean an entity that is treated as a partnership not
taxable as a corporation, a grantor trust or a disregarded entity for United States federal income
tax purposes or subject to treatment on a comparable basis for purposes of state, local or foreign
tax law.

“Foreign Borrower” shall mean, collectively, the French Borrower and each Additional
Foreign Borrower.

“Foreign Collateral Agreement” shall mean with respect to any Person, such collateral
agreements and other agreements necessary under applicable foreign law to grant to the Collateral
Agent a security interest in such assets of such Person of the type identified in the Domestic
Collateral Agreement; provided that no security interest shall be granted on all or any portion of
such assets if the Domestic Borrower demonstrates to the Collateral Agent and the Collateral Agent
determines (in its reasonable discretion) that the cost of granting such security interest exceeds
the value of the security offered thereby.

“Foreign Currency” shall mean Euros and Sterling.

 

18

 

“Foreign Guarantee” shall mean, collectively, one or more guarantee agreements, as
amended, supplemented or otherwise modified from time to time, each in a form reasonably
satisfactory to the Collateral Agent, among the applicable Foreign Subsidiary Loan Party and the
Collateral Agent.

“Foreign Lender” shall mean any Lender that is organized under the laws of a
jurisdiction other than the United States of America. For purposes of this definition, the United
States of America, each State thereof and the District of Columbia shall be deemed to constitute a
single jurisdiction.

“Foreign Loan Parties” shall mean each Foreign Borrower and each Foreign Subsidiary
Loan Party.

“Foreign Plan” shall mean any pension scheme or foreign employee benefit plan or
program with respect to which any Borrower, Subsidiary or ERISA Affiliate (i) is making or has an
obligation to make contributions or (ii) has or could incur liability.

“Foreign Subsidiary” shall mean any Subsidiary that is incorporated or organized under
the laws of any jurisdiction other than the United States of America, any State thereof or the
District of Columbia and any Subsidiary of a Foreign Subsidiary.

“Foreign Subsidiary Loan Party” shall mean, collectively, the French Subsidiary Loan
Parties and the Additional Foreign Subsidiary Loan Parties; provided that Dresser-Rand France shall
not be a French Subsidiary Loan Party unless it has satisfied the requirement set forth in clause
(b) of the definition of Collateral and Guarantee Requirement.

“French Borrower” shall have the meaning assigned to such term in the introductory
paragraph of this Agreement.

“French Collateral Agreement” shall mean, collectively, the French Debt Pledge
Agreement and the French Equity Pledge Agreement.

“French Debt Pledge Agreement” shall mean, collectively, one or more pledge agreements
between the applicable French Loan Party and the Collateral Agent, as amended, supplemented or
otherwise modified from time to time, in a form reasonably satisfactory to the Collateral Agent and
with such modifications related to the applicable French Loan Party.

“French Equity Pledge Agreement” shall mean, collectively, one or more equity pledge
agreements between the applicable French Loan Party and the Collateral Agent, as amended,
supplemented or otherwise modified from time to time, in a form reasonably satisfactory to the
Collateral Agent and with such modifications related to the applicable French Loan Party.

“French Loan Party” shall mean the French Borrower and each French Subsidiary Loan
Party.

“French Obligations” shall mean all amounts owing to any of the Agents or any Lender
by any French Loan Party pursuant to the terms of this Agreement or any other Loan Document.

 

19

 

“French Revolving Facility Credit Exposure” shall mean, at any time, the sum of (a)
the aggregate principal amount of the Revolving Facility Loans to the French Borrower outstanding
at such time (calculated in respect of Loans denominated in a Foreign Currency on the Equivalent
thereof in Dollars at such time), (b) the Swingline Exposure at such time for Swingline Loans made
to the French Borrower and (c) the Revolving L/C Exposure at such time (calculated in respect of
Revolving L/C Exposure denominated in a Foreign Currency on the Equivalent thereof in Dollars at
such time) for Letters of Credit issued, amended, renewed or extended for the account of the French
Borrower.

“French Subsidiary Obligations” shall mean at any time, with respect to any French
Subsidiary Loan Party, the aggregate unpaid principal amount at such time of the loan made by the
French Borrower to such French Subsidiary Loan Party from the proceeds of the Revolving Facility
Loans made to the French Borrower.

“French Subsidiary Loan Party” shall mean each direct Wholly Owned Subsidiary of the
French Borrower that (a) is (i) organized under the same jurisdiction as the French Borrower, (ii)
a Foreign Subsidiary and (iii) a Material Subsidiary, and (b) is not (i) a Special Purpose
Receivables Subsidiary, (ii) listed on Schedule 1.01(a), or (iii) a Subsidiary whose
guarantee of the French Obligations is prohibited under Section 9.23.

“GAAP” shall mean generally accepted accounting principles in effect from time to time
in the United States, applied on a consistent basis, subject to the provisions of Section 1.02.

“Governmental Authority” shall mean any federal, state, local or foreign court or
governmental agency, authority, instrumentality or regulatory or legislative body, including,
without limitation, any agency of the European Union or similar monetary or multinational
authority.

“Guarantee” of or by any Person (the “guarantor”) shall mean (a) any
obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of
guaranteeing any Indebtedness of any other Person (the “primary obligor”) in any manner,
whether directly or indirectly, and including any obligation of the guarantor, direct or indirect,
(i) to purchase or pay (or advance or supply funds for the purchase or payment of) such
Indebtedness (whether arising by virtue of partnership arrangements, by agreement to keep well, to
purchase assets, goods, securities or services, to take or pay or otherwise) or to purchase (or to
advance or supply funds for the purchase of) any security for the payment of such Indebtedness,
(ii) to purchase or lease property, securities or services for the purpose of assuring the owner of
such Indebtedness of the payment thereof, (iii) to maintain working capital, equity capital or any
other financial statement condition or liquidity of the primary obligor so as to enable the primary
obligor to pay such Indebtedness, (iv) entered into for the purpose of assuring in any other manner
the holders of such Indebtedness of the payment thereof or to protect such holders against loss in
respect thereof (in whole or in part) or (v) as an account party in respect of any letter of credit
or letter of guaranty issued to support such Indebtedness, or (b) any Lien on any assets of the
guarantor securing any Indebtedness (or any existing right, contingent or otherwise, of the holder
of Indebtedness to be secured by such a Lien) of any other Person, whether or not such Indebtedness
is assumed by the guarantor; provided, however, that the term “Guarantee” shall not include
endorsements for collection or deposit, in either case in the ordinary course of
business, or customary and reasonable indemnity obligations in effect on the Closing Date or
entered into in connection with any acquisition or disposition of assets permitted under this
Agreement.

 

20

 

“Hazardous Materials” shall mean all pollutants, contaminants, wastes, chemicals,
materials, substances and constituents, including, without limitation, explosive or radioactive
substances or petroleum or petroleum distillates, asbestos or asbestos containing materials,
polychlorinated biphenyls or radon gas, of any nature, in each case subject to regulation or which
can give rise to liability under any Environmental Law.

“Improvements” shall have the meaning assigned to such term in the Mortgages.

“Indebtedness” of any Person shall mean, without duplication, (a) all obligations of
such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures,
notes or similar instruments, (c) all obligations of such Person under conditional sale or other
title retention agreements relating to property or assets purchased by such Person, (d) all
obligations of such Person issued or assumed as the deferred purchase price of property or services
(other than trade liabilities and intercompany liabilities incurred in the ordinary course of
business and maturing within 365 days after the incurrence thereof), (e) all Guarantees by such
Person of Indebtedness of others, (f) all Capital Lease Obligations of such Person, (g) all
payments that such Person would have to make in the event of an early termination, on the date
Indebtedness of such Person is being determined in respect of outstanding Swap Agreements (such
payments in respect of any Swap Agreement with a counterparty being calculated net of amounts owing
to such Person by such counterparty in respect of other Swap Agreements), (h) the principal
component of all obligations, contingent or otherwise, of such Person as an account party in
respect of letters of credit (other than any letters of credit, bank guarantees or similar
instrument in respect of which a back-to-back letter of credit has been issued under or permitted
by this Credit Agreement) and (i) the principal component of all obligations of such Person in
respect of bankers’ acceptances. The Indebtedness of any Person shall include the Indebtedness of
any partnership in which such Person is a general partner, other than to the extent that the
instrument or agreement evidencing such Indebtedness expressly limits the liability of such Person
in respect thereof. To the extent not otherwise included, Indebtedness shall include the amount of
any Permitted Receivables Financing.

“Indemnified Taxes” shall mean all Taxes other than Excluded Taxes.

“Indemnitee” shall have the meaning assigned to such term in Section 9.05(b).

“Information Memorandum” shall mean the Confidential Information Memorandum dated
March 2011, as modified or supplemented prior to the Closing Date.

“Interest Coverage Ratio” shall mean the ratio of (a) EBITDA to (b) Cash Interest
Expense for the period of four consecutive fiscal quarters of the Domestic Borrower most recently
ended as of such date, all determined on a consolidated basis in accordance with GAAP; provided
that to the extent any Asset Disposition or any Asset Acquisition (or any similar transaction or
transactions for which a waiver or a consent of the Required Lenders pursuant to Section 6.05 has
been obtained) or incurrence or repayment of Indebtedness (excluding normal
fluctuations in revolving Indebtedness incurred for working capital purposes) has occurred
during the relevant Test Period, the Interest Coverage Ratio shall be determined for the respective
Test Period on a pro forma Basis for such occurrences.

 

21

 

“Interest Expense” shall mean, with respect to any Person for any period, the sum of
(a) gross interest expense of such Person for such period on a consolidated basis, including (i)
the amortization of debt discounts, (ii) the amortization of all fees (including fees with respect
to Swap Agreements) payable in connection with the incurrence of Indebtedness to the extent
included in interest expense, (iii) the portion of any payments or accruals with respect to Capital
Lease Obligations allocable to interest expense and (iv) commissions, discounts, yield and other
fees and charges incurred in connection with any Permitted Receivables Financing which are payable
to any Person other than the Borrowers or a Subsidiary Loan Party, and (b) capitalized interest of
such Person. For purposes of the foregoing, gross interest expense shall be determined after
giving effect to any net payments made or received and costs incurred by the Domestic Borrower and
its Subsidiaries with respect to Swap Agreements.

“Interest Payment Date” shall mean (a) with respect to any Eurocurrency Loan, the last
day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the
case of a Eurocurrency Borrowing with an Interest Period of more than three months’ duration, each
day that would have been an Interest Payment Date had successive Interest Periods of three months’
duration been applicable to such Borrowing and, in addition, the date of any refinancing or
conversion of such Borrowing with or to a Borrowing of a different Type, (b) with respect to any
ABR Loan, the last day of each calendar quarter and (c) with respect to any Swingline Loan, the day
that such Swingline Loan is required to be repaid pursuant to Section 2.11.

“Interest Period” shall mean, as to any Eurocurrency Borrowing, the period commencing
on the date of such Borrowing or on the last day of the immediately preceding Interest Period
applicable to such Borrowing, as applicable, and ending on the numerically corresponding day (or,
if there is no numerically corresponding day, on the last day) in the calendar month that is 1, 2,
3 or 6 months thereafter (or 9 or 12 months, if at the time of the relevant Borrowing, all Lenders
make interest periods of such length available), as the applicable Borrower may elect, or the date
any Eurocurrency Borrowing is converted to an ABR Borrowing in accordance with Section 2.07 or
repaid or prepaid in accordance with Section 2.10, 2.11 or 2.12; provided, unless the
Administrative Agent shall otherwise agree, that prior to the earlier of the 31st day after the
Closing Date and the date on which the Administrative Agent has notified the Borrowers that the
primary syndication of the Facilities has been completed, the Borrowers shall only be permitted to
request Interest Periods of seven days (it being understood that notwithstanding anything else in
this Agreement to the contrary, if on the last day of any such seven day Interest Period the
primary syndication of the Facilities shall not have been completed, a new seven day Interest
Period will begin on such day with respect to each such Borrowing and no notice by any Borrower
shall be required with respect thereto); provided further, however, that if any Interest Period
would end on a day other than a Business Day, such Interest Period shall be extended to the next
succeeding Business Day unless such next succeeding Business Day would fall in the next calendar
month, in which case such Interest Period shall end on the next preceding Business Day. Interest
shall accrue from and including the first day of an Interest Period to but excluding the last day
of such Interest Period.

 

22

 

“Issuing Bank” shall mean JPMorgan, Wells Fargo Bank, N.A. and each other Issuing Bank
designated pursuant to Section 2.05(k), in each case in its capacity as an issuer of Letters of
Credit hereunder, and its successors in such capacity as provided in Section 2.05(i). An Issuing
Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates
of such Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with
respect to Letters of Credit issued by such Affiliate.

“Issuing Bank Fees” shall have the meaning assigned to such term in Section 2.13(b).

“JPMorgan” shall mean JPMorgan Chase Bank, N.A. and its successors and assigns.

“L/C Commitment” shall be equal to the Revolving Facility Commitment.

“L/C Disbursement” shall mean a payment or disbursement made by an Issuing Bank
pursuant to a Letter of Credit, including, for the avoidance of doubt, a payment or disbursement
made by an Issuing Bank pursuant to a Letter of Credit upon or following the reinstatement of such
Letter of Credit.

“L/C Exposure” shall mean, at any time, the sum of (a) the aggregate undrawn amount of
all outstanding Letters of Credit at such time plus (b) the aggregate amount of all L/C
Disbursements that have not yet been reimbursed by or on behalf of the Domestic Borrower at such
time. The L/C Exposure of any Lender at any time shall be its Revolving Facility Percentage of the
total L/C Exposure at such time.

“L/C Participation Fee” shall have the meaning assigned such term in Section 2.13(b).

“Lead Arranger” shall mean J.P. Morgan Securities LLC.

“Lender” shall mean each financial institution listed on Schedule 2.01, as
well as any Person that becomes a “Lender” hereunder pursuant to Section 9.04.

“Lender Default” shall mean (i) the refusal (which has not been retracted) of a Lender
to make available its portion of any Borrowing, to acquire participations in a Swingline Loan
pursuant to Section 2.04 or to fund its portion of any unreimbursed payment under Section 2.05(e),
unless the subject of a good faith dispute, (ii) a Lender having notified in writing any Borrower
and/or the Administrative Agent that it does not intend to comply with its obligations under
Section 2.05 or 2.06 or (iii) a Lender having become the subject of a bankruptcy or insolvency
proceeding, or having had a receiver, conservator, trustee or custodian appointed for it, or having
a parent company that has become the subject of a bankruptcy or insolvency proceeding, or has had a
receiver, conservator, trustee or custodian appointed for it or, in the good faith determination of
the Administrative Agent, having taken any action in furtherance of, or indicating its consent to,
approval of, or acquiescence in, any such proceeding or appointment; provided that a Lender Default
shall not be deemed to be in effect solely as the result of the acquisition or maintenance of an
ownership interest in a Lender or any Person controlling such Lender or the exercise of control
over such Lender or any Person controlling such Lender by a Governmental Authority or an
instrumentality thereof.

“Letter of Credit” shall mean any letter of credit issued pursuant to Section 2.05.

 

23

 

“Leverage Ratio” shall mean, on any date, the ratio of (a) Consolidated Debt as of
such date to (b) EBITDA for the period of four consecutive fiscal quarters of the Domestic Borrower
most recently ended as of such date, all determined on a consolidated basis in accordance with
GAAP; provided that to the extent any Asset Disposition or any Asset Acquisition (or any similar
transaction or transactions that require a waiver or a consent of the Required Lenders pursuant to
Section 6.04 or Section 6.05) or incurrence or repayment of Indebtedness (excluding normal
fluctuations in revolving Indebtedness incurred for working capital purposes) has occurred during
the relevant Test Period, EBITDA shall be determined for the respective Test Period on a Pro Forma
Basis for such occurrences.

“LIBO Rate” shall mean (i) in relation to any Eurocurrency Borrowing denominated in
Dollars or any Foreign Currency (other than Euro):

(a) the applicable Screen Rate; or

(b) (if no Screen Rate is available for the currency or Interest Period of that
Eurocurrency Borrowing) the arithmetic mean of the rates (rounded upwards to four decimal
places) as supplied to the Administrative Agent to leading banks in the London interbank
market,

as of 11:00 am London time on the Quotation Day for the offering of deposits in the currency of
that Eurocurrency Borrowing and for a period comparable to the Interest Period for that
Eurocurrency Borrowing and (ii) with respect to any Eurocurrency Borrowing denominated in Euros,
the EURIBO Rate.

“Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien,
hypothecation, pledge, encumbrance, charge or security interest in or on such asset, (b) the
interest of a vendor or a lessor under any conditional sale agreement, capital lease or title
retention agreement (or any financing lease having substantially the same economic effect as any of
the foregoing) relating to such asset and (c) in the case of securities (other than securities
representing an interest in a joint venture that is not a Subsidiary), any purchase option, call or
similar right of a third party with respect to such securities.

“Loan Documents” shall mean this Agreement, the Letters of Credit, the Security
Documents, each Credit Agreement Supplement entered into by an Additional Foreign Borrower and any
promissory note issued under Section 2.10(g) and any other instrument or agreement now or hereafter
executed and delivered in connection herewith or therewith or in connection with (i) any
transaction arising out of any Treasury Management Agreement or any other cash management or
depository provided by the Administrative Agent, the Collateral Agent, any Lender or any of their
respective Affiliates, and (ii) any investment, Swap Agreement or other banking or financial
services provided by the Administrative Agent, the Collateral Agent, any Lender or any of their
respective Affiliates, each as amended and in effect from time to time.

“Loan Parties” shall mean each Domestic Loan Party and each Foreign Loan Party.

“Loans” shall mean the Revolving Facility Loans, the Swingline Loans, the Term
Facility Loans and the Delayed Draw Term Loans.

 

24

 

“Local Time” shall mean (i) in the case of Loans and Letters of Credit denominated in
Dollars, New York City time and (ii) in the case of Loans and Letters of Credit denominated in
Euros or any other Foreign Currency, London time.

“Majority Lenders” of any Facility shall mean, at any time, Lenders under such
Facility having Loans and unused Commitments representing more than 50% of the sum of all Loans
outstanding under such Facility and unused Commitments under such Facility at such time, in each
case calculated on the Equivalent in Dollars at such time. The Loans and Commitment of any
Defaulting Lender shall be disregarded in determining Majority Lenders at any time.

“Margin Stock” shall have the meaning assigned to such term in Regulation U.

“Material Adverse Effect” shall mean the existence of events, conditions and/or
contingencies that have had or are reasonably likely to have (a) a materially adverse effect on the
business, operations, properties, assets or financial condition of the Domestic Borrower and its
Subsidiaries, taken as a whole, or (b) a material impairment of the validity or enforceability of,
or a material impairment of the material rights, remedies or benefits available to the Lenders, any
Issuing Bank, the Administrative Agent or the Collateral Agent under, any Loan Document.

“Material Indebtedness” shall mean Indebtedness (other than Loans and Letters of
Credit) of any one or more of the Domestic Borrower or any Subsidiary in an aggregate principal
amount exceeding $50.0 million.

“Material Real Property” shall mean any Real Property owned by a Loan Party on the
Closing Date having a fair market value exceeding $10.0 million and any after-acquired Real
Property owned by a Loan Party having a gross purchase price exceeding $10.0 million at the time of
acquisition.

“Material Subsidiary” shall mean each Subsidiary of the Domestic Borrower now existing
or hereafter acquired or formed by the Domestic Borrower which, on a consolidated basis for such
Subsidiary and its Subsidiaries, (a) for the applicable Calculation Period accounted for more than
1.5% of the consolidated revenues of the Domestic Borrower and its Subsidiaries or (b) as of the
last day of such Calculation Period, was the owner of more than 1.5% of the Consolidated Total
Assets of the Domestic Borrower and its Subsidiaries; provided that at no time shall the total
assets of all Subsidiaries that are not Material Subsidiaries exceed, for the applicable
Calculation Period, 5.0% of the Consolidated Total Assets of the Domestic Borrower and its
Subsidiaries.

“Maturity Date” shall mean May 1, 2014; provided that if on or prior to May 1, 2014,
the Domestic Borrower’s 2014 Senior Subordinated Notes have (i) had their maturity extended to a
date that is at least six (6) months after the fifth anniversary of the Closing Date, (ii) been
repaid or defeased in cash in full or (iii) been refinanced by new unsecured senior or senior
subordinated notes (including the 2021 Senior Subordinated Notes) having a stated maturity that is
not earlier than six (6) months after the fifth anniversary of the Closing Date, then the Maturity
Date shall be extended to the fifth anniversary of the Closing Date.

“Maximum Rate” shall have the meaning assigned to such term in Section 9.09.

 

25

 

“Moody’s” shall mean Moody’s Investors Service, Inc.

“Mortgaged Properties” shall mean all Material Real Property which shall be subject to
a Mortgage that is delivered pursuant to the terms of this Agreement; provided, however, that
Mortgaged Properties shall not include any Material Real Property located in the State of New York.

“Mortgages” shall mean the mortgages, deeds of trust, assignments of leases and rents
and other security documents delivered on the Closing Date pursuant to Section 4.02(e) or after the
Closing Date pursuant to Section 5.10, as amended, supplemented or otherwise modified from time to
time, with respect to Mortgaged Properties, each substantially in the form of Exhibit D,
with such changes thereto as shall be acceptable to the Collateral Agent, including all such
changes as may be required to account for local law matters.

“Multiemployer Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3)
of ERISA with respect to which any Borrower, Subsidiary or ERISA Affiliate (a) is making or has an
obligation to make contributions, (b) has within any of the preceding six plan years made or had an
obligation to make contributions or (c) otherwise has or could incur liability.

“Net Income” shall mean, with respect to any Person, the net income (loss) of such
Person, determined in accordance with GAAP and before any reduction in respect of preferred stock
dividends.

“Net Proceeds” shall mean: 100% of the cash proceeds actually received by the Domestic
Borrower or any Wholly-Owned Subsidiary (including any cash payments received by way of deferred
payment of principal pursuant to a note or installment receivable or purchase price adjustment
receivable or otherwise and including casualty insurance settlements and condemnation awards, but
only as and when received) from any loss, damage, destruction or condemnation of, or any sale,
transfer or other disposition (including any sale and leaseback of assets) to any Person of any
asset or assets of the Domestic Borrower or any Subsidiary (other than those pursuant to Section
6.05(a), (b), (c), (e), (f), (g), (i) or (j)), net of (i) attorneys’ fees, accountants’ fees,
investment banking fees, sales commissions, survey costs, title insurance premiums, and related
search and recording charges, transfer taxes, deed or mortgage recording taxes, required debt
payments and required payments of other obligations relating to the applicable asset (other than
pursuant hereto or pursuant to the 2014 Senior Subordinated Notes, the 2021 Senior Subordinated
Notes or any Permitted Senior Debt Securities or Permitted Subordinated Debt Securities) and any
cash reserve for adjustment in respect of the sale price of such asset established in accordance
with GAAP, including without limitation, pension and post-employment benefit liabilities and
liabilities related to environmental matters or against any indemnification obligations associated
with such transaction, other customary expenses and brokerage, consultant and other customary fees
actually incurred in connection therewith and (ii) Taxes paid or payable as a result thereof.

For purposes of calculating the amount of Net Proceeds, fees, commissions and other costs and
expenses payable to any Borrower or any Affiliate of any of them shall be disregarded.

 

26

 

“Non-Consenting Lender” shall have the meaning assigned to such term in Section
2.20(c).

“Obligations” shall mean all amounts owing to any of the Agents, any Lender or any of
their affiliates pursuant to the terms of this Agreement or any other Loan Document.

“Other Taxes” shall mean any and all present or future stamp or documentary taxes or
any other excise or property, intangible or mortgage recording taxes, charges or similar levies
arising from any payment made hereunder or from the execution, delivery or enforcement of, or
otherwise with respect to, the Loan Documents, and any and all interest and penalties related
thereto.

“Participant” shall have the meaning assigned to such term in Section 9.04(c).

“Participating Member State” shall mean, any member state of the European community
that adopts or has adopted the Euro as its lawful currency in accordance with legislation of the
European community relating to Economic and Monetary Union.

“PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in
ERISA.

“Perfection Certificate” shall mean a certificate in the form of Annex I to the
Domestic Collateral Agreement or any other form approved by the Collateral Agent.

“Performance L/C” shall mean a Letter of Credit supporting the performance of
obligations by the Domestic Borrower or one of its Subsidiaries.

“Permitted Business Acquisition” shall mean any acquisition of all or substantially
all the assets of, or all the Equity Interests (other than directors’ qualifying shares) in, a
Person or division or line of business of a Person (or any subsequent investment made in a Person,
division or line of business previously acquired in a Permitted Business Acquisition) if (a) such
acquisition was not preceded by, or effected pursuant to, an unsolicited or hostile offer and (b)
immediately after giving effect thereto: (i) no Event of Default shall have occurred and be
continuing or would result therefrom; (ii) all transactions related thereto shall be consummated in
accordance with applicable laws; and (iii) (A) the Domestic Borrower and its Subsidiaries shall be
in compliance, on a Pro Forma Basis after giving effect to such acquisition or formation, with the
covenants contained in Sections 6.11 and 6.12 recomputed as at the last day of the most recently
ended fiscal quarter of the Domestic Borrower and its Subsidiaries, and the Domestic Borrower shall
have delivered to the Administrative Agent a certificate of a Responsible Officer of the Domestic
Borrower to such effect, together with all relevant financial information for such Subsidiary or
assets, and (B) any acquired or newly formed Subsidiary shall not be liable for any Indebtedness
(except for Indebtedness permitted by Section 6.01).

“Permitted Encumbrances” shall mean (i) with respect to each Real Property, those
Liens and other encumbrances permitted by paragraphs (b), (d), (h), (m) and (o) of Section 6.02 and
(ii) with respect to each Real Property acquired after the Closing Date, those Liens and other
encumbrances permitted by paragraphs (b), (d), (e), (h), (k), (m) and (o) of Section 6.02,
provided, however, that in the case of those Liens and other encumbrances permitted by clause
(o) of Section 6.02 and as described in clauses (i) and (ii) of this definition, in the event
any Loan Party shall constitute the lessor under any such lease or sublease, no Lien created or
permitted to be incurred thereby shall be permitted hereunder except to the extent such Lien would
otherwise constitute a Permitted Encumbrance.

 

27

 

“Permitted Investments” shall mean:

(a) direct obligations of the United States of America or any agency thereof or
obligations guaranteed by the United States of America or any agency thereof, in each case
with maturities not exceeding two years;

(b) time deposit accounts, certificates of deposit and money market deposits maturing
within 180 days of the date of acquisition thereof issued by a bank or trust company that is
organized under the laws of the United States of America, or any state thereof having
capital, surplus and undivided profits in excess of $500.0 million and whose long-term debt,
or whose parent holding company’s long-term debt, is rated A (or such similar equivalent
rating or higher) by at least one nationally recognized statistical rating organization (as
defined in Rule 436 under the Securities Act);

(c) repurchase obligations with a term of not more than 180 days for underlying
securities of the types described in clause (a) above entered into with a bank meeting the
qualifications described in clause (b) above;

(d) commercial paper, maturing not more than one year after the date of acquisition,
issued by a corporation (other than an Affiliate of any Borrower) organized and in existence
under the laws of the United States of America or any foreign country recognized by the
United States of America with a rating at the time as of which any investment therein is
made of P-1 (or higher) according to Moody’s, or A-1 (or higher) according to S&P;

(e) securities with maturities of two years or less from the date of acquisition issued
or fully guaranteed by any State, commonwealth or territory of the United States of America,
or by any political subdivision or taxing authority thereof, and rated at least A by S&P or
A-2 by Moody’s;

(f) shares of mutual funds whose investment guidelines restrict 95% of such funds’
investments to those satisfying the provisions of clauses (a) through (e) above;

(g) money market funds that (i) comply with the criteria set forth in Rule 2a-7 under
the Investment Company Act of 1940, (ii) are rated AAA by S&P and Aaa by Moody’s and (iii)
have portfolio assets of at least $500.0 million; and

(h) time deposit accounts, certificates of deposit and money market deposits in an
aggregate face amount not in excess of 1/2 of 1% of the total assets of the Domestic
Borrower and the Subsidiaries, on a consolidated basis, as of the end of the Domestic
Borrower’s most recently completed fiscal year.

 

28

 

“Permitted Receivables Documents” shall mean all documents and agreements evidencing,
relating to or otherwise governing a Permitted Receivables Financing.

“Permitted Receivables Financing” shall mean one or more transactions pursuant to
which (i) Receivables Assets or interests therein are sold to or financed by one or more Special
Purpose Receivables Subsidiaries, and (ii) such Special Purpose Receivables Subsidiaries finance
their acquisition of such Receivables Assets or interests therein, or the financing thereof, by
selling or borrowing against such Receivables Assets; provided that (A) recourse to the Domestic
Borrower or any Subsidiary (other than the Special Purpose Receivables Subsidiaries) and any
obligations or agreements of the Domestic Borrower or any Subsidiary (other than the Special
Purpose Receivables Subsidiaries) in connection with such transactions shall be limited to the
extent customary for similar transactions in the applicable jurisdictions (including, to the extent
applicable, in a manner consistent with the delivery of a “true sale”/“absolute transfer” opinion
with respect to any transfer by the Domestic Borrower or any Subsidiary (other than a Special
Purpose Receivables Subsidiary), (B) the aggregate Receivables Net Investment since the Closing
Date shall not exceed $75.0 million at any time, (C) the Board of Directors of the Domestic
Borrower shall have determined in good faith that each such Permitted Receivables Financing
(including financing terms, covenants, termination events and other provisions) is in the aggregate
economically fair and reasonable to the Domestic Borrower and the applicable Special Purpose
Receivables Subsidiary, (D) all sales of Receivables Assets or interests therein to any Special
Purpose Receivables Subsidiary are made at fair market value (as determined in good faith by the
Domestic Borrower), and (E) the financing terms, covenants, termination events and other provisions
thereof will be market terms (as determined in good faith by the Domestic Borrower) and may include
representations, warranties, covenants, indemnities and guarantees of performance which the
Domestic Borrower has determined in good faith to be customary in a receivables financing
including, without limitation, those relating to the servicing of the assets of a Special Purpose
Receivables Subsidiary, it being understood and agreed that any obligation of a seller of
receivables to repurchase receivables arising as a result of a breach of a representation, warranty
or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject
to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action
taken by, any failure to take action by or by other event relating to the seller, shall be deemed
customary.

“Permitted Refinancing Indebtedness” shall mean any Indebtedness issued in exchange
for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund
(collectively, to “Refinance”), the Indebtedness being Refinanced (or previous refinancings
thereof constituting Permitted Refinancing Indebtedness); provided that (a) the principal amount
(or accreted value, if applicable) of such Permitted Refinancing Indebtedness does not exceed the
principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced (plus unpaid
accrued interest and premium thereon), (b) the average life to maturity of such Permitted
Refinancing Indebtedness is greater than or equal to that of the Indebtedness being Refinanced, (c)
if the Indebtedness being Refinanced is subordinated in right of payment to the Obligations under
this Agreement, such Permitted Refinancing Indebtedness shall be subordinated in right of payment
to such Obligations on terms at least as favorable to the Lenders as those contained in the
documentation governing the Indebtedness being Refinanced, (d) no Permitted Refinancing
Indebtedness shall have different obligors, or greater guarantees or security, than the
Indebtedness being Refinanced and (e) if the Indebtedness being Refinanced is secured by any
collateral (whether equally and ratably with, or junior to, the Secured Parties or otherwise),
such Permitted Refinancing Indebtedness may be secured by such collateral (including in respect of
Indebtedness of Foreign Subsidiaries otherwise permitted under this Agreement only, any collateral
pursuant to after-acquired property clauses to the extent any such collateral secured the
Indebtedness being Refinanced) on terms no less favorable to the Secured Parties than those
contained in the documentation governing the Indebtedness being Refinanced.

 

29

 

“Permitted Senior Debt Securities” shall mean unsecured senior notes issued by the
Domestic Borrower, (ii) the covenants (other than the Lien covenant and the Subsidiary debt
covenant), events of default, Subsidiary guarantees and other terms of which (other than interest
rate and redemption premiums), taken as a whole, are not more restrictive to the Domestic Borrower
and its Subsidiaries than those in the 2014 Senior Subordinated Notes, (ii) the Lien covenant and
the Subsidiary debt covenant are on market terms for similar issuers at the time of issuance and
(iii) of which no Subsidiary of the Domestic Subsidiary (other than a Domestic Subsidiary Loan
Party) is an obligor under such notes that is not an obligor under the 2014 Senior Subordinated
Notes.

“Permitted Subordinated Debt Securities” shall mean unsecured subordinated notes
issued by the Domestic Borrower, (i) the terms of which do not provide for any scheduled repayment,
mandatory redemption or sinking fund obligation prior to the date on which the final maturity of
the 2014 Senior Subordinated Notes occurs (as in effect on the Closing Date), (ii) the covenants,
events of default, Subsidiary guarantees and other terms of which (other than interest rate and
redemption premiums), taken as a whole, are not more restrictive to the Domestic Borrower and its
Subsidiaries than those in the 2014 Senior Subordinated Notes and (iii) of which no Subsidiary of
the Domestic Subsidiary (other than a Domestic Subsidiary Loan Party) is an obligor under such
notes that is not an obligor under the 2014 Senior Subordinated Notes.

“Person” shall mean any natural person, corporation, business trust, joint venture,
association, company, partnership, limited liability company or government, individual or family
trusts, or any agency or political subdivision thereof.

“Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan
or Foreign Plan) subject to the provisions of Title IV of ERISA or Sections 412 or 430 of the Code
or Section 302 of ERISA which is maintained or contributed to by any Borrower, Subsidiary or ERISA
Affiliate or with respect to which any Borrower, Subsidiary or ERISA Affiliate has or could incur
liability (including under Section 4069 of ERISA).

“Platform” shall have the meaning assigned to such term in Section 9.17(b).

“Pledged Collateral” shall have the meaning assigned to such term in the applicable
Collateral Agreement.

“primary obligor” shall have the meaning given such term in the definition of the term
“Guarantee.”

“Prior Liens” shall mean Liens which, pursuant to the provisions of any Security
Document, are or may be superior to the Lien of such Security Document.

 

30

 

“Pro Forma Basis” shall mean, as to any Person, for any events as described in clauses
(a) and (b) below that occur subsequent to the commencement of a period for which the financial
effect of such events is being calculated, and giving effect to the events for which such
calculation is being made, such calculation as will give pro forma effect to such events as if such
events occurred on the first day of the four consecutive fiscal quarter period ended on or before
the occurrence of such event (the “Reference Period”):

(a) in making any determination of EBITDA, pro forma effect shall be given to any Asset
Disposition and to any Asset Acquisition (or any similar transaction or transactions that
require a waiver or consent of the Required Lenders pursuant to Section 6.04 or 6.05), in
each case that occurred during the Reference Period (or, in the case of determinations made
pursuant to the definition of the term “Asset Acquisition,” occurring during the Reference
Period or thereafter and through and including the date upon which the respective Asset
Acquisition is consummated); and

(b) in making any determination on a Pro Forma Basis, (i) all Indebtedness (including
Indebtedness incurred or assumed and for which the financial effect is being calculated,
whether incurred under this Agreement or otherwise, but excluding normal fluctuations in
revolving Indebtedness incurred for working capital purposes and amounts outstanding under
any Permitted Receivables Financing, in each case, not to finance any acquisition) incurred
or permanently repaid during the Reference Period (or, in the case of determinations made
pursuant to the definition of the term “Asset Acquisition,” occurring during the Reference
Period or thereafter and through and including the date upon which the respective Asset
Acquisition is consummated) shall be deemed to have been incurred or repaid at the beginning
of such period and (ii) Interest Expense of such Person attributable to interest on any
Indebtedness, for which pro forma effect is being given as provided in preceding clause (i),
bearing floating interest rates shall be computed on a pro forma basis as if the rates that
would have been in effect during the period for which pro forma effect is being given had
been actually in effect during such periods.

Pro forma calculations made pursuant to the definition of the term “Pro Forma Basis” shall be
determined in good faith by a Responsible Officer of the Domestic Borrower and, for any fiscal
period ending on or prior to the first anniversary of an Asset Acquisition or Asset Disposition (or
any similar transaction or transactions that require a waiver or consent of the Required Lenders
pursuant to Section 6.04 or 6.05), may include adjustments to reflect operating expense reductions
and other operating improvements or synergies reasonably expected to result from such Asset
Acquisition, Asset Disposition or other similar transaction, to the extent that the Domestic
Borrower delivers to the Administrative Agent (i) a certificate of a Financial Officer of the
Domestic Borrower setting forth such operating expense reductions and other operating improvements
or synergies and (ii) information and calculations supporting in reasonable detail such estimated
operating expense reductions and other operating improvements or synergies.

“Projections” shall mean the projections of the Domestic Borrower and its Subsidiaries
included in the Information Memorandum and any other projections and any forward-looking statements
(including statements with respect to booked business) of such entities furnished to the Lenders or
the Administrative Agent by or on behalf of the Borrowers or any of their Subsidiaries prior to the
Closing Date.

 

31

 

“Quotation Day” shall mean, in relation to any period for which an interest rate is to
be determined:

(a) (if the currency is Sterling) two TARGET Days before the final day of that period;

(b) (if the currency is Euro) two TARGET Days before the first day of that period; or

(c) (for any other currency) two Business Days before the first day of that period,
unless market practice differs in the Relevant Interbank Market for a currency, in which
case the Quotation Day for that currency will be determined by the Administrative Agent in
accordance with market practice in the Relevant Interbank Market (and if quotations would
normally be given by leading banks in the Relevant Interbank Market on more than one day,
the Quotation Day will be the last of these days).

“Real Property” shall mean, collectively, all right, title and interest of any
Borrower or any other Subsidiary in and to any and all parcels of real property owned or operated
by any Borrower or any other Subsidiary together with all Improvements and appurtenant fixtures,
equipment, personal property, easements and other property and rights incidental to the ownership,
lease or operation thereof.

“Receivables Assets” shall mean accounts receivable (including any bills of exchange)
and related assets and property from time to time originated, acquired or otherwise owned by the
Domestic Borrower or any Subsidiary.

“Receivables Net Investment” shall mean the aggregate cash amount paid by the lenders
or purchasers under any Permitted Receivables Financing in connection with their purchase of, or
the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced
from time to time by collections with respect to such Receivables Assets or otherwise in accordance
with the terms of the Permitted Receivables Documents; provided, however, that if all or any part
of such Receivables Net Investment shall have been reduced by application of any distribution and
thereafter such distribution is rescinded or must otherwise be returned for any reason, such
Receivables Net Investment shall be increased by the amount of such distribution, all as though
such distribution had not been made.

“Reference Period” shall have the meaning assigned to such term in the definition of
the term “Pro Forma Basis.”

“Refinance” shall have the meaning assigned to such term in the definition of the term
“Permitted Refinancing Indebtedness,” and “Refinanced” shall have a meaning correlative
thereto.

“Register” shall have the meaning assigned to such term in Section 9.04(b).

 

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“Regulation U” shall mean Regulation U of the Board as from time to time in effect and
all official rulings and interpretations thereunder or thereof.

“Regulation X” shall mean Regulation X of the Board as from time to time in effect and
all official rulings and interpretations thereunder or thereof.

“Related Parties” shall mean, with respect to any specified Person, such Person’s
Affiliates and the respective directors, officers, employees, agents and advisors of such Person
and such Person’s Affiliates.

“Release” shall mean any placing, spilling, leaking, seepage, pumping, pouring,
emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing or depositing
in, into or onto the Environment.

“Relevant Interbank Market” shall mean, in relation to the LIBO Rate, the principal
London offices of the Administrative Agent and, in relation to the EURIBO Rate, the principal
office in New York City of the Administrative Agent or such other banks as may be appointed by the
Administrative Agent with the consent of the Borrowers.

“Remaining Present Value” shall mean, as of any date with respect to any lease, the
present value as of such date of the scheduled future lease payments with respect to such lease,
determined with a discount rate equal to a market rate of interest for such lease reasonably
determined at the time such lease was entered into.

“Reportable Event” shall mean any reportable event as defined in Section 4043(c) of
ERISA or the regulations issued thereunder, other than those events as to which the 30-day notice
period referred to in Section 4043(c) of ERISA has been waived, with respect to a Plan.

“Required Lenders” shall mean, at any time, Lenders having (a) Loans (other than
Swingline Loans) outstanding (calculated in respect of Loans denominated in a Foreign Currency on
the Equivalent thereof in Dollars at such time), (b) Revolving L/C Exposures, (c) Swingline
Exposures, and (d) Revolving Facility Available Unused Commitments and Delayed Draw Commitments,
that taken together, represent more than 50% of the sum of (w) all Loans (other than Swingline
Loans) outstanding (calculated in respect of Loans denominated in a Foreign Currency on the
Equivalent thereof in Dollars at such time), (x) Revolving L/C Exposures, (y) Swingline Exposures,
and (z) the total Revolving Facility Available Unused Commitments and Delayed Draw Commitments at
such time. The Loans, Revolving L/C Exposures, Swingline Exposures and Revolving Facility
Available Unused Commitment and Delayed Draw Commitment of any Defaulting Lender shall be
disregarded in determining Required Lenders at any time.

“Responsible Officer” of any Person shall mean any executive officer or Financial
Officer of such Person and any other officer or similar official thereof responsible for the
administration of the obligations of such Person in respect of this Agreement.

“Revolving Facility” shall mean the Revolving Facility Commitments and the extensions
of credit made hereunder by the Revolving Facility Lenders.

 

33

 

“Revolving Facility Availability Period” shall mean the period from the Closing Date
to but excluding the earlier of the Maturity Date and in the case of each of the Revolving Facility
Loans, Revolving Facility Borrowings, and Letters of Credit, the date of termination of the
Revolving Facility Commitments.

“Revolving Facility Available Unused Commitment” shall mean, with respect to a
Revolving Facility Lender, at any time of determination, an amount equal to the amount by which (a)
the Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the
Revolving Facility Credit Exposure of such Revolving Facility Lender at such time (calculated in
respect of any portion of such Revolving Facility Lender’s Revolving Facility Credit Exposure that
is denominated in a Foreign Currency on the Equivalent thereof in Dollars determined at such time).

“Revolving Facility Borrowing” shall mean a Borrowing comprised of Revolving Facility
Loans.

“Revolving Facility Commitment” shall mean, with respect to each Revolving Facility
Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant
to Section 2.01(a) or a New Lender Supplement, expressed as a Dollar amount representing the
maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit
Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section
2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender
under Section 9.04. The initial Dollar amount of each Revolving Facility Lender’s Revolving
Facility Commitment is set forth on Schedule 2.01(as amended by any New Lender Supplement),
or in the Assignment and Acceptance pursuant to which such Revolving Facility Lender shall have
assumed its Revolving Facility Commitment, as applicable. The aggregate Dollar amount of the
Revolving Facility Commitments on the date hereof is $600.0 million.

“Revolving Facility Credit Exposure” shall mean, at any time, the sum of (a) the
aggregate principal amount of the Revolving Facility Loans outstanding at such time (calculated in
respect of Loans denominated in a Foreign Currency on the Equivalent thereof in Dollars at such
time), (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time
(calculated in respect of Revolving L/C Exposure denominated in a Foreign Currency on the
Equivalent thereof in Dollars at such time). The Revolving Facility Credit Exposure of any
Revolving Facility Lender at any time shall be the sum of (a) the aggregate principal amount of
such Revolving Facility Lender’s Revolving Facility Loans outstanding at such time (calculated in
respect of Loans denominated in a Foreign Currency on the Equivalent thereof in Dollars at such
time) and (b) such Revolving Facility Lender’s Revolving Facility Percentage of the Swingline
Exposure and Revolving L/C Exposure at such time (calculated in respect of Revolving L/C Exposure
denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time).

“Revolving Facility Lender” shall mean a Lender with a Revolving Facility Commitment
or with outstanding Revolving Facility Loans.

 

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“Revolving Facility Loan” shall mean a Loan made by a Revolving Facility Lender
pursuant to Section 2.01(a). Each Revolving Facility Revolving Loan shall be a Eurocurrency Loan
or an ABR Revolving Loan.

“Revolving Facility Percentage” shall mean, with respect to any Revolving Facility
Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s
Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired,
the Revolving Facility Percentages shall be determined based upon the Revolving Facility
Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

“Revolving L/C Exposure” shall mean at any time the sum of (a) the aggregate undrawn
amount of all Letters of Credit outstanding at such time (calculated in respect of Letters of
Credit denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time) and (b)
the aggregate principal amount of all L/C Disbursements that have not yet been reimbursed at such
time (calculated in respect of L/C Disbursements denominated in a Foreign Currency on the
Equivalent thereof in Dollars at such time). The Revolving L/C Exposure of any Revolving Facility
Lender at any time shall mean its Revolving Facility Percentage of the aggregate Revolving L/C
Exposure at such time.

“S&P” shall mean Standard & Poor’s Ratings Group, Inc.

“Sale and Lease-Back Transaction” shall have the meaning assigned to such term in
Section 6.03.

“Screen Rate” shall mean:

(a) in relation to the LIBO Rate, the British Bankers’ Association Interest Settlement
Rate for the relevant currency and period; and

(b) in relation to the EURIBO Rate, the percentage rate per annum determined by the
Banking Federation of the European Union for the relevant period,

displayed on the appropriate page of the Reuters LIBO screen. If the agreed page is replaced or
service ceases to be available, the Administrative Agent may specify another page or service
displaying the appropriate rate after consultation with the Foreign Borrowers and the Lenders.

“SEC” shall mean the Securities and Exchange Commission or any successor thereto.

“Secured Parties” shall mean the “Secured Parties” as defined in the Collateral
Agreements.

“Securities Act” shall mean the Securities Act of 1933, as amended.

“Security Documents” shall mean the Mortgages, the Collateral Agreements and each of
the security agreements and other instruments and documents executed and delivered pursuant to any
of the foregoing or pursuant to Section 5.10.

 

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“Special Purpose Receivables Subsidiary” shall mean a direct or indirect Subsidiary of
the Domestic Borrower established in connection with a Permitted Receivables Financing for the
acquisition of Receivables Assets or interests therein, and which is organized in a manner intended
to reduce the likelihood that it would be substantively consolidated with the Domestic Borrower or
any of the Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event the
Domestic Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy
Code (or other insolvency law).

“Statutory Reserves” shall mean, with respect to any currency, any reserve, liquid
asset or similar requirements established by any Governmental Authority of the United States of
America or of the jurisdiction of such currency or any jurisdiction in which Loans in such currency
are made to which banks in such jurisdiction are subject for any category of deposits or
liabilities customarily used to fund loans in such currency or by reference to which interest rates
applicable to Loans in such currency are determined.

“Sterling” shall mean the lawful currency of the United Kingdom of Great Britain and
Northern Ireland.

“Subordinated Intercompany Debt” shall have the meaning assigned to such term in
Section 6.01(e).

“subsidiary” shall mean, with respect to any Person (herein referred to as the
“parent”), any corporation, partnership, association or other business entity of which
securities or other ownership interests representing more than 50% of the equity or more than 50%
of the ordinary voting power or more than 50% of the general partnership interests are, at the time
any determination is being made, directly or indirectly, owned, Controlled or held by such Person.

“Subsidiary” shall mean a subsidiary; provided that unless the context otherwise
requires, “Subsidiary” shall mean a subsidiary of the Domestic Borrower.

“Subsidiary Loan Party” shall mean a Domestic Subsidiary Loan Party or a Foreign
Subsidiary Loan Party.

“Swap Agreement” shall mean any agreement with respect to any swap, forward, future or
derivative transaction or option or similar agreement involving, or settled by reference to, one or
more rates, currencies, commodities, equity or debt instruments or securities, or economic,
financial or pricing indices or measures of economic, financial or pricing risk or value or any
similar transaction or any combination of these transactions, provided that no phantom stock or
similar plan providing for payments only on account of services provided by current or former
directors, officers, employees or consultants of the Domestic Borrower or any of its Subsidiaries
shall be a Swap Agreement.

“Swingline Borrowing” shall mean a Borrowing comprised of Swingline Loans.

“Swingline Borrowing Request” shall mean a request by any Borrower substantially in
the form of Exhibit C-2.

 

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“Swingline Commitment” shall mean, with respect to each Swingline Lender, the
commitment of such Swingline Lender to make Swingline Loans pursuant to Section 2.04. The
aggregate amount of the Swingline Commitments on the Closing Date is $30.0 million.

“Swingline Exposure” shall mean at any time the aggregate principal amount of all
outstanding Swingline Borrowings at such time. The Swingline Exposure of any Revolving Facility
Lender at any time shall mean its Revolving Facility Percentage of the aggregate Swingline Exposure
at such time.

“Swingline Lender” shall mean JPMorgan Chase Bank, N.A., in its capacity as a lender
of Swingline Loans, and/or any other Revolving Facility Lender designated as such by the Domestic
Borrower after the Closing Date that is reasonably satisfactory to the Domestic Borrower and the
Administrative Agent and executes a counterpart to this Agreement as a Swingline Lender.

“Swingline Loans” shall mean the swingline loans made to any Borrower pursuant to
Section 2.04.

“Target” shall mean Grupo Guascor S.L.

“Target Acquisition Agreement” shall mean the Share Purchase Ageement, dated as of
March 3, 2011, by and among the Borrower, Target and certain shareholders of Target.

“Taxes” shall mean any and all present or future taxes, levies, imposts, duties
(including stamp duties), deductions, charges (including ad valorem charges) or
withholdings imposed by any Governmental Authority and any and all interest and penalties related
thereto.

“Term Facility” shall mean the Term Facility Commitments made hereunder by the Term
Facility Lenders.

“Term Facility Borrowing” shall mean a Borrowing comprised of Term Facility Loans.

“Term Facility Commitment” shall mean, with respect to each Term Facility Lender, the
commitment of such Term Facility Lender to make its Term Facility Loan to the Domestic Borrower
pursuant to Section 2.01(b) or a New Lender Supplement, expressed as a Dollar amount representing
the maximum aggregate permitted amount of such Term Facility Lender’s Term Facility Credit Exposure
hereunder. The Dollar amount of each Term Facility Lender’s Term Facility Commitment is set forth
on Schedule 2.01(as amended by any New Lender Supplement), or in the Assignment and
Acceptance pursuant to which such Term Facility Lender shall have assumed its Term Facility
Commitment, as applicable. The aggregate Dollar amount of the Term Facility Commitments on the
date hereof is $160.0 million.

“Term Facility Credit Exposure” shall mean, at any time, the sum of the aggregate
principal amount of the Term Facility Loans outstanding at such time. The Term Facility Credit
Exposure of any Term Facility Lender at any time shall be the principal amount of such Term
Facility Lender’s Term Facility Loan outstanding at such time.

 

37

 

“Term Facility Lender” shall mean a Lender with a Term Facility Commitment or with
outstanding Term Facility Loans.

“Term Facility Loan” shall mean a Loan made by a Term Facility Lender pursuant to
Section 2.01(b).

“Test Period” shall mean, on any date of determination, the period of four consecutive
fiscal quarters of the Domestic Borrower then most recently ended (taken as one accounting period).

“Title Company” shall mean Title Associates Inc., as agent for Stewart Title Insurance
Company, or such other nationally recognized title company as shall be selected by the
Administrative Agent.

“Transactions” shall mean, collectively, (i) the transactions to occur on or prior to
the Closing Date pursuant to the Loan Documents, including (a) the execution and delivery of the
Loan Documents and the initial borrowings hereunder and (b) the payment of all fees and expenses
owing in connection with the foregoing, (ii) the tender offer for the 2014 Senior Subordinated
Notes, (iii) the offering of the 2021 Senior Subordinated Notes and (iv) the acquisition of the
Target.

“Treasury Management Agreement” shall mean any agreement governing the provision of
treasury or cash management services, including deposit accounts, funds transfer, automated
clearinghouse, auto-borrow, zero balance accounts, returned check concentration, controlled
disbursement, lockbox, account reconciliation and reporting and trade finance services provided by
a Treasury Management Counterparty for the benefit of the Borrower or a Subsidiary.

“Treasury Management Counterparty” shall mean each Lender or Affiliate of a Lender
that enters into a Treasury Management Agreement; provided that if such Person at any time ceases
to be a Lender or an Affiliate of a Lender, as the case may be, such Person shall no longer be a
Treasury Management Counterparty.

“Type,” when used in respect of any Loan or Borrowing, shall refer to the Rate by
reference to which interest on such Loan or on the Loans comprising such Borrowing is determined.
For purposes hereof, the term “Rate” shall include the Adjusted LIBO Rate and the Alternate Base
Rate.

“UCC” shall mean (i) the Uniform Commercial Code as in effect in the applicable state
of jurisdiction and (ii) certificate of title or other similar statutes relating to “rolling stock”
or barges as in effect in the applicable jurisdiction.

“U.S. Bankruptcy Code” shall mean Title 11 of the United States Code, as amended, or
any similar federal or state law for the relief of debtors.

“U.S. Patriot Act” shall have the meaning assigned to such term in Section 3.08(a).

 

38

 

“Wholly Owned Subsidiary” of any Person shall mean a subsidiary of such Person, all of
the Equity Interests of which (other than directors’ qualifying shares or nominee or other similar
shares required pursuant to applicable law) are owned by such Person or another Wholly Owned
Subsidiary of such Person.

“Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a
complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of
Subtitle E of Title IV of ERISA.

Section 1.02 Terms Generally. The definitions set forth or referred to in Section
1.01 shall apply equally to both the singular and plural forms of the terms defined. Whenever the
context may require, any pronoun shall include the corresponding masculine, feminine and neuter
forms. The words “include,” “includes” and “including” shall be deemed to be followed by the
phrase “without limitation.” All references herein to Articles, Sections, Exhibits and Schedules
shall be deemed references to Articles and Sections of, and Exhibits and Schedules to, this
Agreement unless the context shall otherwise require. Except as otherwise expressly provided
herein, any reference in this Agreement to any Loan Document shall mean such document as amended,
restated, supplemented or otherwise modified from time to time. Except as otherwise expressly
provided herein, all terms of an accounting or financial nature shall be construed in accordance
with GAAP, as in effect from time to time; provided that, if the Domestic Borrower notifies the
Administrative Agent that the Domestic Borrower requests an amendment to any provision hereof to
eliminate the effect of any change occurring after the Closing Date in GAAP or in the application
thereof on the operation of such provision (or if the Administrative Agent notifies the Domestic
Borrower that the Required Lenders request an amendment to any provision hereof for such purpose),
regardless of whether any such notice is given before or after such change in GAAP or in the
application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and
applied immediately before such change shall have become effective until such notice shall have
been withdrawn or such provision amended in accordance herewith.

ARTICLE II

THE CREDITS

Section 2.01 Commitments. Subject to the terms and conditions set forth herein,

(a) each Revolving Facility Lender agrees to make Revolving Facility Loans denominated in
Dollars or in a Foreign Currency to any Borrower, in each case from time to time during the
Revolving Facility Availability Period in an aggregate principal amount that will not result in (i)
such Lender’s Revolving Facility Credit Exposure exceeding such Lender’s Revolving Facility
Commitment, (ii) the Revolving Facility Credit Exposure exceeding the total Revolving Facility
Commitments, (iii) the Revolving Credit Exposure denominated in Euros exceeding the Equivalent in
Dollars determined on the date of delivery of the applicable Borrowing Request of $350.0 million,
(iv) the Revolving Credit Exposure denominated in Sterling exceeding the Equivalent in Dollars
determined on the date of delivery of the applicable Borrowing Request of $75.0 million, or (v) the
Revolving L/C Exposure exceeding $250.0 million on the Closing Date. Within the foregoing limits
and subject to the terms and conditions set forth herein, each Borrower may borrow, prepay and
reborrow Revolving Facility Loans.

 

39

 

(b) each Term Facility Lender agrees to make a Term Facility Loan in Dollars to the Domestic
Borrower, at such Borrower’s option, on the Closing Date, in a principal amount not to exceed such
Lender’s Term Facility Commitment. Any portion of the Term Facility Commitment not borrowed on the
Closing Date will thereafter be unavailable.

(c) each Delayed Draw Lender agrees to make a single Delayed Draw Term Loan in Dollars to the
Domestic Borrower, at the Domestic Borrower’s option, on a Business Day during the Delayed Draw
Availability Period, in a principal amount not to exceed such Lender’s Delayed Draw Commitment.
Any portion of the Delayed Draw Commitment not borrowed during the Delayed Draw Availability Period
will thereafter be unavailable.

Section 2.02 Loans and Borrowings.

(a) Each Loan shall be made as part of a Borrowing consisting of Loans under the same Facility
and of the same Type and in the same currency made by the Lenders ratably in accordance with their
respective Commitments under the applicable Facility (or, in the case of Swingline Loans, in
accordance with their respective Swingline Commitments). The failure of any Lender to make any
Loan required to be made by it shall not relieve any other Lender of its obligations hereunder;
provided that the Commitments of the Lenders are several and no Lender shall be responsible for any
other Lender’s failure to make Loans as required.

(b) Subject to Section 2.15, each Borrowing denominated in Dollars shall be comprised entirely
of ABR Loans or Eurocurrency Loans as the Domestic Borrower may request in accordance herewith.
Unless and until exchanged into the Equivalent in Dollars thereof and converted into ABR Loans in
accordance with Section 2.07(e), 2.15 or 2.22, each Revolving Facility Borrowing denominated in a
Foreign Currency shall be comprised entirely of Eurocurrency Loans. Each Lender at its option may
make any ABR Loan or Eurocurrency Loan by causing any domestic or foreign branch or Affiliate of
such Lender to make such Loan; provided that any exercise of such option shall not affect the
obligation of any Borrower to repay such Loan in accordance with the terms of this Agreement and
such Lender shall not be entitled to any amounts payable under Section 2.16, 2.18 or 2.21 solely in
respect of increased costs resulting from such exercise and existing at the time of such exercise;
provided, further, that, notwithstanding anything set forth herein to the contrary, no Lenders
shall be required to make an ABR Loan to any Foreign Borrower.

(c) At the commencement of each Interest Period for any Eurocurrency Borrowing, such Borrowing
shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less
than the Borrowing Minimum; provided that a Eurocurrency Revolving Facility Borrowing may be in an
aggregate amount that is equal to the entire unused balance of the Revolving Facility Commitments
or that is required to finance the reimbursement of an L/C Disbursement as contemplated by Section
2.05(e). At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate
amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing
Minimum; provided that an ABR Revolving Facility Borrowing may be in an aggregate amount that is
equal to the entire unused balance of the Revolving Facility Commitments or that is required to
finance the reimbursement of an L/C Disbursement as contemplated by Section 2.05(e). Each
Swingline Borrowing shall be in an amount that is an integral multiple of the Borrowing Multiple
and not less than the
Borrowing Minimum. Borrowings of more than one Type and under more than one Facility may be
outstanding at the same time; provided that there shall not at any time be more than a total of
twenty (20) Eurocurrency Borrowings outstanding at any time.

 

40

 

(d) Notwithstanding any other provision of this Agreement, no Borrower shall be entitled to
request, or to elect to convert or continue, any Borrowing if the Interest Period requested with
respect thereto would end after the Maturity Date.

Section 2.03 Requests for Borrowings. In order to request a Borrowing, the relevant
Borrower shall notify the Administrative Agent (and, in the case of a Revolving Facility Borrowing
consisting of Loans denominated in a Foreign Currency, simultaneously to the European
Administrative Agent) of such request in a written Borrowing Request signed by the Borrower making
such request (a) in the case of a Eurocurrency Borrowing, not later than 11:00 a.m., Local Time,
four (4) Business Days before the date of the proposed Borrowing or (b) in the case of an ABR
Borrowing, not later than 12:00 noon, Local Time, one (1) Business Day before the date of the
proposed Borrowing; provided that any such notice of an ABR Revolving Facility Borrowing to finance
the reimbursement of an L/C Disbursement as contemplated by Section 2.05(e) may be given not later
than 10:00 a.m., Local Time, on the date of the proposed Borrowing. Each such Borrowing Request
shall specify the following information in compliance with Section 2.02:

(i) whether the requested Borrowing is to be a Revolving Facility Borrowing, a Term
Facility Borrowing or a Delayed Draw Borrowing;

(ii) the aggregate amount of the requested Borrowing (expressed in Dollars);

(iii) the date of such Borrowing, which shall be a Business Day;

(iv) in the case of a Borrowing denominated in Dollars, whether such Borrowing is to be
an ABR Borrowing or a Eurocurrency Borrowing;

(v) in the case of a Eurocurrency Borrowing, the currency and the initial Interest
Period to be applicable thereto; and

(vi) the location and number of the Borrower’s account to which funds are to be
disbursed.

If no election as to the Type of Revolving Facility Borrowing is specified, then the requested
Revolving Facility Borrowing shall be an ABR Borrowing. If no Interest Period is specified with
respect to any requested Term Facility Borrowing, Delayed Draw Borrowing, or Eurocurrency
Borrowing, then the Borrower requesting such Eurocurrency Borrowing shall be deemed to have
selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing
Request in accordance with this Section, the Administrative Agent shall advise each Lender of the
details thereof and of the amount of such Lender’s Loan to be made as part of the requested
Borrowing.

 

41

 

Section 2.04 Swingline Loans.

(a) Subject to the terms and conditions set forth herein, each Swingline Lender agrees to make
Swingline Loans to any of the Borrowers from time to time during the Revolving Facility
Availability Period, in an aggregate principal amount at any time outstanding that will not result
in (i) the aggregate principal amount of outstanding Swingline Loans exceeding the Swingline
Commitment or (ii) the Revolving Facility Credit Exposure exceeding the total Revolving Facility
Commitments; provided that no Swingline Lender shall be required to make a Swingline Loan to
refinance an outstanding Swingline Borrowing. Interest on Swingline Loans denominated in Foreign
Currency will be calculated based on the overnight EURIBO Rate. Within the foregoing limits and
subject to the terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow
Swingline Loans.

(b) To request a Swingline Borrowing, the applicable Borrower shall notify the Administrative
Agent and the Swingline Lenders of such request in a written Borrowing Request signed by the
Borrower making such request (x) in the case of a Swingline Borrowing denominated in Euros or
Sterling, not later than 12:00 noon, Local Time, one (1) Business Day before the date of the
proposed Swingline Borrowing or (y) in the case of a Swingline Borrowing denominated in Dollars,
not later than 12:00 noon, Local Time on the day of the proposed Swingline Borrowing. Each such
Swingline Borrowing Request shall be irrevocable and shall specify (i) the requested date (which
shall be a Business Day), (ii) the amount of the requested Swingline Borrowing (expressed in
Dollars), (iii) in the case of a Swingline Borrowing denominated in Euros or Sterling, the currency
requested, (iv) the term of such Swingline Loan (which, in the case of a Swingline Borrowing
denominated in Euros or Sterling, shall not be more than 7 Business Days) and (v) the location and
number of the Borrower’s account to which funds are to be disbursed. Each Swingline Lender shall
make each Swingline Loan to be made by it hereunder in accordance with Section 2.02(a) on the
proposed date thereof by wire transfer of immediately available funds by 3:00 p.m., Local Time, to
the account of the applicable Borrower (or, in the case of a Swingline Borrowing made to finance
the reimbursement of an L/C Disbursement as provided in Section 2.05(e), by remittance to the
applicable Issuing Bank).

(c) A Swingline Lender may by written notice given to the Administrative Agent (and to the
other Swingline Lenders) not later than 10:00 a.m., Local Time on any Business Day, require the
Revolving Facility Lenders to acquire participations on such Business Day in all or a portion of
the outstanding Swingline Loans made by it. Such notice shall specify the aggregate amount of such
Swingline Loans in which the Revolving Facility Lenders will participate. Promptly upon receipt of
such notice, the Administrative Agent will give notice thereof to each such Lender, specifying in
such notice such Lender’s Revolving Facility Percentage of such Swingline Loan or Loans. Each
Revolving Facility Lender hereby absolutely and unconditionally agrees, upon receipt of notice as
provided above, to pay to the Administrative Agent for the account of the applicable Swingline
Lender, such Revolving Facility Lender’s Revolving Facility Percentage of such Swingline Loan or
Loans. Each Revolving Facility Lender acknowledges and agrees that its respective obligation to
acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional
and shall not be affected by any circumstance whatsoever, including the occurrence and continuance
of a Default or reduction or termination of the Commitments, and that each such payment shall be
made without any offset, abatement, withholding or reduction whatsoever. Each Revolving Facility
Lender shall comply with its obligation under this paragraph by wire 

 

42

 

transfer of immediately
available funds, in the same manner as provided in Section 2.06 with respect to
Loans made by such Revolving Facility Lender (and Section 2.06 shall apply, mutatis mutandis,
to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the
applicable Swingline Lender the amounts so received by it from the Revolving Facility Lenders. The
Administrative Agent shall notify the applicable Borrower of any participations in any Swingline
Loan acquired pursuant to this paragraph (c), and thereafter payments in respect of such Swingline
Loan shall be made to the Administrative Agent and not to the applicable Swingline Lender. Any
amounts received by a Swingline Lender from the applicable Borrower (or other party on behalf of
such Borrower) in respect of a Swingline Loan after receipt by such Swingline Lender of the
proceeds of a sale of participations therein shall be promptly remitted to the Administrative
Agent; any such amounts received by the Administrative Agent shall be promptly remitted by the
Administrative Agent to the Revolving Facility Lenders that shall have made their payments pursuant
to this paragraph and to such Swingline Lender, as their interests may appear; provided that any
such payment so remitted shall be repaid to such Swingline Lender or to the Administrative Agent,
as applicable, if and to the extent such payment is required to be refunded to the applicable
Borrower for any reason. The purchase of participations in a Swingline Loan pursuant to this
paragraph shall not relieve the Borrowers of any default in the payment thereof.

Section 2.05 Letters of Credit.

(a) General. Subject to the terms and conditions set forth herein, each Borrower may
request the issuance of Letters of Credit for its own account in a form reasonably acceptable to
the applicable Issuing Bank, at any time and from time to time during the Revolving Facility
Availability Period and prior to the date that is five (5) Business Days prior to the Maturity
Date. Subject to the terms and conditions set forth herein, the applicable Issuing Bank shall
promptly issue the requested Letter of Credit; provided that the aggregate L/C Exposure shall not
exceed the lesser of (i) the L/C Commitment and (ii) an amount equal to the total Revolving
Facility Commitments less then aggregate Revolving Credit Exposures then outstanding; and provided
further, no Issuing Bank shall be required to issue a Letter of Credit if the aggregate face amount
of all Letters of Credit issued by it shall exceed $300 million. In the event of any inconsistency
between the terms and conditions of this Agreement and the terms and conditions of any form of
letter of credit application or other agreement submitted by any Borrower to, or entered into by
such Borrower with, an Issuing Bank relating to any Letter of Credit, the terms and conditions of
this Agreement shall control.

(b) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To request
the issuance of a Letter of Credit (or the amendment, renewal (other than an automatic renewal in
accordance with paragraph (c) of this Section) or extension of an outstanding Letter of Credit), a
Borrower shall hand deliver or telecopy (or transmit by electronic communication, if arrangements
for doing so have been approved by the applicable Issuing Bank) to the applicable Issuing Bank and
the Administrative Agent (two (2) Business Days in advance of the requested date of issuance,
amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or
identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of
issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such
Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the amount
of such Letter of Credit and the currency (either in Dollars or a Foreign

 

43

 

Currency) in which it is
denominated, the name and address of the beneficiary thereof and such other information as shall be necessary to issue, amend, renew or
extend such Letter of Credit. If requested by the applicable Issuing Bank, a Borrower also shall
submit a letter of credit application on such Issuing Bank’s standard form in connection with any
request for a Letter of Credit. A Letter of Credit shall be issued, amended, renewed or extended
only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the applicable
Borrower shall be deemed to represent and warrant that), after giving effect to such issuance,
amendment, renewal or extension, (i) the Revolving L/C Exposure shall not exceed $600.0 million,
(ii) the Revolving Facility Credit Exposure shall not exceed the total Revolving Facility
Commitments, and (iii) the Equivalent in Dollars of the Revolving L/C Exposure denominated in a
Foreign Currency determined on the date of such issuance, amendment, renewal or extension shall not
exceed (A) in the case such Foreign Currency is Euros, $350.0 million, and (B) in the case such
Foreign Currency is Sterling, $75.0 million.

(c) Expiration Date.

(i) Each Letter of Credit shall expire at or prior to the close of business on the
earlier of (A) the date one (1) year after the date of the issuance of such Letter of Credit
(or, in the case of any renewal or extension thereof, one year after such renewal or
extension) and (B) the date that is five (5) Business Days prior to the Maturity Date;
provided that any Letter of Credit with a one-year tenor may provide for the automatic
renewal thereof for additional one-year periods (which, in no event, shall extend beyond the
date referred to in clause (B) of this paragraph (c)).

(ii) Notwithstanding the foregoing, any Borrower may request the issuance of a Letter
of Credit that expires at or prior to the close of business on the date that is five (5)
Business Days prior to the Maturity Date.

(d) Participations. By the issuance of a Letter of Credit (or an amendment to a
Letter of Credit increasing the amount thereof) and without any further action on the part of the
applicable Issuing Bank or the Revolving Facility Lenders, such Issuing Bank hereby grants to each
Revolving Facility Lender, and each Revolving Facility Lender hereby acquires from such Issuing
Bank, a participation in such Letter of Credit equal to such Revolving Facility Lender’s Revolving
Facility Percentage of the aggregate amount available to be drawn under such Letter of Credit. In
consideration and in furtherance of the foregoing, each Revolving Facility Lender hereby absolutely
and unconditionally agrees to pay to the Administrative Agent in Dollars or the Foreign Currency in
which such Letter of Credit is denominated, as the case may be, for the account of the applicable
Issuing Bank, such Revolving Facility Lender’s Revolving Facility Percentage of each L/C
Disbursement made by such Issuing Bank not reimbursed by the applicable Borrower on the date due as
provided in Section 2.05(e), or of any reimbursement payment required to be refunded to the
applicable Borrower for any reason. Each Revolving Facility Lender acknowledges and agrees that
its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit
is absolute and unconditional and shall not be affected by any circumstance whatsoever, including
any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a
Default or reduction or termination of the Commitments, and that each such payment shall be made
without any offset, abatement, withholding or reduction whatsoever.

 

44

 

(e) Reimbursement. If the applicable Issuing Bank shall make any L/C Disbursement in
respect of a Letter of Credit, the Borrower for which such Letter of Credit was issued shall
reimburse such L/C Disbursement by paying to the Administrative Agent an amount equal to such L/C
Disbursement in Dollars or the Foreign Currency in which such Letter of Credit is denominated, as
the case may be, not later than 5:00 p.m., Local Time, on the same Business Day such Borrower
receives notice under Section 2.05(g) of such L/C Disbursement, provided that such Borrower may,
subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 or
Section 2.04 that such payment be financed with an ABR Revolving Facility Borrowing or a Swingline
Borrowing or an Eurocurrency Revolving Loan denominated in the applicable Foreign Currency, as
applicable, in an equivalent amount and, to the extent so financed, such Borrower’s obligation to
make such payment shall be discharged and replaced by the resulting ABR Revolving Facility
Borrowing or Swingline Borrowing or Eurocurrency Revolving Loan. If any Borrower fails to
reimburse any L/C Disbursement when due, then the Administrative Agent shall promptly notify the
applicable Issuing Bank and each other Revolving Facility Lender of the applicable L/C
Disbursement, the payment then due from such Borrower and, in the case of a Revolving Facility
Lender, such Lender’s Revolving Facility Percentage thereof. Promptly following receipt of such
notice, each Revolving Facility Lender shall pay to the Administrative Agent in Dollars or such
Foreign Currency, as the case may be, its Revolving Facility Percentage of the payment then due
from such Borrower, in the same manner as provided in Section 2.06 with respect to Loans made by
such Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the
Revolving Facility Lenders), and the Administrative Agent shall promptly pay to the applicable
Issuing Bank in Dollars or such Foreign Currency, as the case may be, the amounts so received by it
from the Revolving Facility Lenders. Promptly following receipt by the Administrative Agent of any
payment from such Borrower pursuant to this paragraph, the Administrative Agent shall distribute
such payment to the applicable Issuing Bank or, to the extent that Revolving Facility Lenders have
made payments pursuant to this paragraph to reimburse such Issuing Bank, then to such Lenders and
such Issuing Bank as their interests may appear. Any payment made by a Revolving Facility Lender
pursuant to this paragraph to reimburse an Issuing Bank for any L/C Disbursement (other than the
funding of an ABR Revolving Loan or a Swingline Borrowing or an Eurocurrency Revolving Loan as
contemplated above) shall not constitute a Loan and shall not relieve any Borrower of its
obligation to reimburse such L/C Disbursement.

(f) Obligations Absolute. The obligation of each Borrower to reimburse L/C
Disbursements as provided in paragraph (e) of this Section shall be absolute, unconditional and
irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under
any and all circumstances whatsoever and irrespective of (i) any lack of validity or enforceability
of any Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or
other document presented under a Letter of Credit proving to be forged, fraudulent or invalid in
any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by
the applicable Issuing Bank under a Letter of Credit against presentation of a draft or other
document that does not comply with the terms of such Letter of Credit or (iv) any other event or
circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the
provisions of this Section, constitute a legal or equitable discharge of, or provide a right of
setoff against, any Borrower’s obligations hereunder; provided that, in each case, payment by the
Issuing Bank shall not have constituted gross negligence or willful misconduct. Neither the
Administrative Agent, the Lenders nor any Issuing Bank, nor any of their Related

 

45

 

Parties, shall
have any liability or responsibility by reason of or in connection with the issuance or
transfer of any Letter of Credit or any payment or failure to make any payment thereunder
(irrespective of any of the circumstances referred to in the preceding sentence), or any error,
omission, interruption, loss or delay in transmission or delivery of any draft, notice or other
communication under or relating to any Letter of Credit (including any document required to make a
drawing thereunder), any error in interpretation of technical terms or any consequence arising from
causes beyond the control of such Issuing Bank; provided that the foregoing shall not be construed
to excuse the applicable Issuing Bank from liability to any Borrower to the extent of any direct
damages (as opposed to consequential damages, claims in respect of which are hereby waived by each
Borrower to the extent permitted by applicable law) suffered by such Borrower that are determined
by a court having jurisdiction to have been caused by (i) such Issuing Bank’s failure to exercise
care when determining whether drafts and other documents presented under a Letter of Credit comply
with the terms thereof or (ii) such Issuing Bank’s refusal to issue a Letter of Credit in
accordance with the terms of this Agreement. The parties hereto expressly agree that, in the
absence of gross negligence or willful misconduct on the part of the applicable Issuing Bank, such
Issuing Bank shall be deemed to have exercised care in each such determination and each refusal to
issue a Letter of Credit. In furtherance of the foregoing and without limiting the generality
thereof, the parties agree that, with respect to documents presented which appear on their face to
be in substantial compliance with the terms of a Letter of Credit, the applicable Issuing Bank may,
in its sole discretion, either accept and make payment upon such documents without responsibility
for further investigation, regardless of any notice or information to the contrary, or refuse to
accept and make payment upon such documents if such documents are not in strict compliance with the
terms of such Letter of Credit.

(g) Disbursement Procedures. The applicable Issuing Bank shall, promptly following
its receipt thereof, examine all documents purporting to represent a demand for payment under a
Letter of Credit. Such Issuing Bank shall promptly notify the Administrative Agent and the
applicable Borrower by telephone (confirmed by telecopy) of such demand for payment and whether
such Issuing Bank has made or will make a L/C Disbursement thereunder; provided that any failure to
give or delay in giving such notice shall not relieve any Borrower of its obligation to reimburse
such Issuing Bank and the Revolving Facility Lenders with respect to any such L/C Disbursement.

(h) Interim Interest. If an Issuing Bank shall make any L/C Disbursement, then,
unless the applicable Borrower shall reimburse such L/C Disbursement in full on the date such L/C
Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and
including the date such L/C Disbursement is made to but excluding the date that such Borrower
reimburses such L/C Disbursement, at the rate per annum then applicable to ABR Revolving Loans or
Eurocurrency Revolving Loans denominated in the applicable Foreign Currency, as applicable;
provided that, if such L/C Disbursement is not reimbursed by such Borrower when due pursuant to
paragraph (e) of this Section, then Section 2.14(c) shall apply; provided further that any L/C
Disbursement that is reimbursed after the date such L/C Disbursement is required to be reimbursed
under paragraph (e) of this Section, (A) be payable in Dollars or the Foreign Currency in which
such Letter of Credit is denominated, as the case may be, (B) bear interest at the rate per annum
then applicable to ABR Revolving Loans or Eurocurrency Revolving Loans denominated in the
applicable Foreign Currency, as applicable, and (C) Section 2.14(c) shall apply. Interest accrued
pursuant to this paragraph shall be for the
account of the applicable Issuing Bank, except that interest accrued on and after the date of
payment by any Revolving Facility Lender pursuant to paragraph (e) of this Section to reimburse
such Issuing Bank shall be for the account of such Revolving Facility Lender to the extent of such
payment.

 

46

 

(i) Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by
written agreement among the Borrowers, the Administrative Agent, the replaced Issuing Bank and the
successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement
of an Issuing Bank. At the time any such replacement shall become effective, each Borrower shall
pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.13.
From and after the effective date of any such replacement, (i) the successor Issuing Bank shall
have all the rights and obligations of the replaced Issuing Bank under this Agreement with respect
to Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing Bank”
shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor
and all previous Issuing Banks, as the context shall require. After the replacement of an Issuing
Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall continue to have
all the rights and obligations of such Issuing Bank under this Agreement with respect to Letters of
Credit issued by it prior to such replacement but shall not be required to issue additional Letters
of Credit.

(j) Cash Collateralization. If any Event of Default shall occur and be continuing,
(i) in the case of an Event of Default described in Section 7.01(h), (i) or (l), on the Business
Day or (ii) in the case of any other Event of Default, on the third Business Day, in each case,
following the date on which any Borrower receives notice from the Administrative Agent (or, if the
maturity of the Loans has been accelerated, Revolving Facility Lenders with Revolving L/C Exposure
representing greater than 50% of the total Revolving L/C Exposure) demanding the deposit of cash
collateral pursuant to this paragraph, such Borrower shall deposit in an account with the
Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders,
an amount in Dollars in cash equal to the Revolving L/C Exposure as of such date plus any accrued
and unpaid interest thereon; provided that, upon the occurrence of any Event of Default with
respect to any Borrower described in clause (h), (i) or (l) of Section 7.01, the obligation to
deposit such cash collateral shall become effective immediately, and such deposit shall become
immediately due and payable in Dollars or such Foreign Currency, without demand or other notice of
any kind. Each Borrower also shall deposit cash collateral pursuant to this paragraph as and to
the extent required by Section 2.12(b). Each such deposit pursuant to this paragraph or pursuant
to Section 2.12(b) shall be held by the Administrative Agent as Collateral for the payment and
performance of the obligations of the applicable Borrower under this Agreement. The Administrative
Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over
such account. Other than any interest earned on the investment of such deposits, which investments
shall be made at the option and sole discretion of (i) for so long as an Event of Default shall be
continuing, the Administrative Agent and (ii) at any other time, the applicable Borrower, in each
case, in Permitted Investments and at the risk and expense of such Borrower, such deposits shall
not bear interest. Interest or profits, if any, on such investments shall accumulate in such
account. Moneys in such account shall be applied by the Administrative Agent to reimburse each
Issuing Bank for L/C Disbursements for which such Issuing Bank has not been reimbursed and, to the
extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the
applicable Borrower for the Revolving L/C
Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to
the consent of Revolving Facility Lenders with Revolving L/C Exposure representing greater than 50%
of the total Revolving L/C Exposure), be applied to satisfy other obligations of such Borrower
under this Agreement. If any Borrower is required to provide an amount of cash collateral
hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not
applied as aforesaid) shall be returned to such Borrower within three (3) Business Days after all
Events of Default have been cured or waived. If any Borrower is required to provide an amount of
cash collateral hereunder pursuant to Section 2.12(b), such amount (to the extent not applied as
aforesaid) shall be returned to such Borrower as and to the extent that, after giving effect to
such return, such Borrower would remain in compliance with Section 2.12(b) and no Event of Default
shall have occurred and be continuing.

 

47

 

(k) Additional Issuing Banks. From time to time, the Borrowers may by notice to the
Administrative Agent designate up to three Lenders (in addition to JPMorgan) that agree (in their
sole discretion) to act in such capacity and are reasonably satisfactory to the Administrative
Agent as Issuing Banks. Each such additional Issuing Bank shall execute a counterpart of this
Agreement upon the approval of the Administrative Agent (which approval shall not be unreasonably
withheld) and shall thereafter be an Issuing Bank hereunder for all purposes.

(l) Reporting. Unless otherwise requested by the Administrative Agent, each Issuing
Bank shall (i) provide to the Administrative Agent copies of any notice received from any Borrower
pursuant to Section 2.05(b) no later than the next Business Day after receipt thereof and (ii)
report in writing to the Administrative Agent (A) on or prior to each Business Day on which such
Issuing Bank expects to issue, amend, renew or extend any Letter of Credit, the date of such
issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit
to be issued, amended, renewed or extended by it and outstanding after giving effect to such
issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), and
the Issuing Bank shall be permitted to issue, amend, renew or extend such Letter of Credit if the
Administrative Agent shall not have advised the Issuing Bank that such issuance, amendment renewal
or extension would not be in conformity with the requirements of this Agreement, (B) on each
Business Day on which such Issuing Bank makes any L/C Disbursement, the date of such L/C
Disbursement and the amount of such L/C Disbursement and (C) on any other Business Day, such other
information as the Administrative Agent shall reasonably request, including but not limited to
prompt verification of such information as may be requested by the Administrative Agent. If
requested by any Lender, the Administrative Agent shall provide copies to such Lender of the
reports referred to in clause (ii) of the preceding sentence and a summary of such reports on a
monthly basis.

Section 2.06 Funding of Borrowings.

(a) Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof
by wire transfer of immediately available funds, (i) in the case of a Loan denominated in Dollars,
in Dollars, by 12:00 noon, Local Time, to the account of the Administrative Agent most recently
designated by it for such purpose by notice to the Lenders, and (ii) in the case of a Loan
denominated in a Foreign Currency, in the applicable Foreign Currency, by 12:00 noon, Local Time,
to the account of the European Administrative Agent
most recently designated by the Administrative Agent for such purpose by notice to the
Lenders, as the case may be; provided that Swingline Loans shall be made as provided in Section
2.04. The Administrative Agent will make such Loans available to the applicable Borrower by
promptly crediting the amounts so received, in like funds, to an account of such Borrower
maintained with the Administrative Agent in New York City or as otherwise agreed between such
Borrower and the Administrative Agent, and designated by such Borrower in the Borrowing Request;
provided that ABR Revolving Loans, Swingline Borrowings and Eurocurrency Revolving Loans made to
finance the reimbursement of a L/C Disbursement and reimbursements as provided in Section 2.05(e)
shall be remitted by the Administrative Agent to the applicable Issuing Bank.

 

48

 

(b) Unless the Agent shall have received notice from a Lender prior to the proposed date of
any Borrowing that such Lender will not make available to the Administrative Agent such Lender’s
share of such Borrowing, the Administrative Agent may assume that such Lender has made such share
available on such date in accordance with paragraph (a) of this Section and may, in reliance upon
such assumption, make available to the applicable Borrower a corresponding amount. In such event,
if a Lender has not in fact made its share of the applicable Borrowing available to the
Administrative Agent, then the applicable Lender and the applicable Borrower severally agree to pay
to the Administrative Agent forthwith on demand (without duplication) such corresponding amount
with interest thereon, for each day from and including the date such amount is made available to
such Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case
of such Lender, (A) for Loans denominated in Dollars, the greater of the Federal Funds Rate and a
rate determined by the Administrative Agent in accordance with banking industry rules on interbank
compensation and (B) for Loans denominated in a Foreign Currency, the greatest of the Federal
Funds Rate, the cost of funds incurred by the Administrative Agent or European Administrative Agent
in respect of such amount and a rate determined by the Administrative Agent in accordance with
banking industry rules on interbank compensation or (ii) in the case of such Borrower, (A) for
Loans denominated in Dollars, the interest rate applicable to ABR Loans and (B) for Loans
denominated in a Foreign Currency, the greater of the interest rate applicable to ABR Loans and the
cost of funds incurred by the Administrative Agent or European Administrative Agent in respect of
such amount. If such Lender pays such amount to the Administrative Agent, then such amount shall
constitute such Lender’s Loan included in such Borrowing.

Section 2.07 Interest Elections.

(a) Each Borrowing denominated in Dollars initially shall be of the Type specified in the
applicable Borrowing Request and, in the case of a Eurocurrency Borrowing, shall have an initial
Interest Period as specified in such Borrowing Request. Thereafter, each Borrower may elect, in
the case of a Borrowing denominated in Dollars, to convert such Borrowing to a different Type or to
continue such Borrowing and, in the case of a Eurocurrency Borrowing, may elect Interest Periods
therefor, all as provided in this Section. Each Borrower may elect different options with respect
to different portions of the affected Borrowing, in which case each such portion shall be allocated
ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising
each such portion shall be considered a separate Borrowing. This Section shall not apply to
Swingline Borrowings, which may not be converted or continued.

 

49

 

(b) To make an election pursuant to this Section, a Borrower shall notify the Administrative
Agent of such election by delivering a written Interest Election Request, in a form approved by the
Administrative Agent and signed by such Borrower, by the time that a Borrowing Request would be
required under Section 2.03 if such Borrower were requesting a Borrowing of the Type resulting from
such election to be made on the effective date of such election. Each such Interest Election
Request shall be irrevocable.

(c) Each written Interest Election Request shall specify the following information in
compliance with Section 2.02:

(i) the Borrowing to which such Interest Election Request applies and, if different
options are being elected with respect to different portions thereof, the portions thereof
to be allocated to each resulting Borrowing (in which case the information to be specified
pursuant to clauses (iii) and (iv) below shall be specified for each resulting Borrowing);

(ii) the effective date of the election made pursuant to such Interest Election
Request, which shall be a Business Day;

(iii) in the case of a Borrowing denominated in Dollars, whether the resulting
Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing; and

(iv) if the resulting Borrowing is a Eurocurrency Borrowing, the Interest Period to be
applicable thereto after giving effect to such election.

If any such Interest Election Request made by any Borrower requests a Eurocurrency Borrowing but
does not specify an Interest Period, then such Borrower shall be deemed to have selected an
Interest Period of one month’s duration.

(d) Promptly following receipt of an Interest Election Request, the Administrative Agent shall
advise each Lender to which such Interest Election Request relates of the details thereof and of
such Lender’s portion of each resulting Borrowing.

(e) If any Borrower fails to deliver a timely Interest Election Request with respect to a
Eurocurrency Borrowing prior to the end of the Interest Period applicable thereto, then, unless
such Borrowing is repaid as provided herein, at the end of such Interest Period, (i) if such
Borrowing is denominated in Dollars, such Borrower shall be deemed to have converted such Borrowing
to an ABR Borrowing, and (ii) if such Borrowing is denominated in a Foreign Currency, such Borrower
shall be deemed to have selected a one month Interest Period for such Borrowing. Notwithstanding
any contrary provision hereof, if an Event of Default has occurred and is continuing and the
Administrative Agent, at the written request (including a request through electronic means) of the
Required Lenders, so notifies such Borrower, then, so long as an Event of Default is continuing,
(i) no outstanding Borrowing may be converted to or continued as a Eurocurrency Borrowing, (ii)
unless repaid, each Eurocurrency Borrowing denominated in Dollars shall be converted to an ABR
Borrowing at the end of the Interest Period applicable thereto and (iii) unless repaid, each
Eurocurrency Borrowing denominated in a Foreign Currency shall bear interest calculated on the
one-week EURIBO Rate.

 

50

 

Section 2.08 Termination and Reduction of Commitments.

(a) Unless previously terminated, the Revolving Facility Commitments shall terminate on the
Maturity Date.

(b) The Term Commitments shall automatically terminate at 5:00 p.m., Local Time on the Closing
Date.

(c) The Delayed Draw Commitments shall automatically terminate at 5:00 p.m., Local Time on the
120th day following the Closing Date.

(d) Each Borrower may at any time terminate, or from time to time reduce, the Commitments
under any Facility; provided that (i) each reduction of the Commitments under any Facility shall be
in an amount that is an integral multiple of $1.0 million and not less than $5.0 million (or, if
less, the remaining amount of the Commitments) and (ii) no Borrower shall terminate or reduce the
Revolving Facility Commitments if, after giving effect to any concurrent prepayment of the
Revolving Facility Loans in accordance with Section 2.12, the Revolving Facility Credit Exposure
would exceed the total Revolving Facility Commitments.

(e) Each Borrower shall notify the Administrative Agent of any election to terminate or reduce
the Commitments under paragraph (d) of this Section at least three (3) Business Days prior to the
effective date of such termination or reduction, specifying such election and the effective date
thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the
applicable Lenders of the contents thereof. Each notice delivered by any Borrower pursuant to this
Section shall be irrevocable; provided that a notice of termination of the Revolving Facility
Commitments delivered by such Borrower may state that such notice is conditioned upon the
effectiveness of other credit facilities, in which case such notice may be revoked by such Borrower
(by notice to the Administrative Agent on or prior to the specified effective date) if such
condition is not satisfied. Any termination or reduction of the Commitments shall be permanent.
Each reduction of the Commitments under any Facility shall be made ratably among the Lenders in
accordance with their respective Commitments under such Facility.

Section 2.09 Increase of Commitments.

(a) Each Borrower shall have the right to increase the Commitments from time to time pursuant
to this Section 2.09 (subject to the restrictions of Section 2.09(d)) as long as no Default or
Event of Default has occurred and is continuing. In the event that any Borrower wishes to increase
the aggregate Commitments under any Facility at any time, it shall notify the Administrative Agent
in writing of the Facility or Facilities to be increased and the amount (the “Offered Increase
Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”);
provided, that the aggregate amount of any such increase in Commitments shall be at least $25.0
million. Such Borrower may, at its election, (i) offer one or more of the Lenders the opportunity
to participate in all or a portion of the Offered Increase Amount pursuant to Section 2.09(c) below
and/or (ii) with the consent of the Administrative Agent (which consent shall not be unreasonably
withheld or delayed), offer one or more additional banks, financial institutions or other entities
the opportunity to participate in all or a portion of the Offered Increase Amount
pursuant to Section 2.09(b) below. Each Commitment Increase Notice shall specify which
Lenders and/or banks, financial institutions or other entities such Borrower desires to participate
in such Commitment increase. Such Borrower or, if requested by such Borrower, the Administrative
Agent, will notify such Lenders and/or banks, financial institutions or other entities of such
offer.

 

51

 

(b) Any additional bank, financial institution or other entity which such Borrower selects to
offer participation in the increased Commitments and which elects to become a party to this
Agreement and provide a Commitment in an amount so offered and accepted by it pursuant to Section
2.09(a)(ii) shall execute a New Lender Supplement (in the form specified by the Administrative
Agent, each a “New Lender Supplement”) which such Borrower and the Administrative Agent,
whereupon such bank, financial institution or other entity (herein called a “New Lender”)
shall become a Lender for all purposes and to the same extent as if originally a party hereto and
shall be bound by and entitled to the benefits of this Agreement, and Schedule 2.01 shall
be deemed to be amended to add the name and Commitment of such New Lender, provided that the
Commitment of any such new Lender shall be in an amount not less than $5,000,000, provided further
that on the effective date of such New Lender Supplement, there shall be no outstanding
Eurocurrency Loans hereunder under the Facility being increased or, if any Eurocurrency Loans under
the Facility being increased would be outstanding on the effective date of any such New Lender
Supplement, such Borrower shall either (x) convert such Eurocurrency Loans to ABR Loans, or (y)
prepay, in accordance with the provisions of Section 2.12, such Eurocurrency Loans immediately
prior to such New Lender Supplement becoming effective (subject, in either case, to the payment
provisions hereof).

(c) Any Lender which accepts an offer to it by either Borrower to increase its Commitment
pursuant to Section 2.09(a)(ii) shall, in each case, execute a Commitment Increase Supplement (in
the form specified by the Administrative Agent, each a “Commitment Increase Supplement”)
with such requesting Borrower and the Administrative Agent whereupon such Lender shall be bound by
and entitled to the benefits of this Agreement with respect to the full amount of its Commitment as
so increased, and Schedule 2.01 shall be deemed to be amended to so increase the Commitment
of such Lender.

(d) Notwithstanding anything to the contrary in this Section 2.09 (i) in no event shall
transactions effected pursuant to this Section 2.09, taken in the aggregate, cause the aggregate
Commitments hereunder to increase by an amount greater than $150.0 million and (ii) no Lender shall
have any obligation to increase its Commitment unless it agrees to do so in its sole discretion.

Section 2.10 Repayment of Loans; Evidence of Debt.

(a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for
the account of each Revolving Facility Lender the then unpaid principal amount of each Revolving
Facility Loan to such Borrower on the Maturity Date and (ii) to the Swingline Lender the then
unpaid principal amount of each Swingline Loan made to such Borrower on the earlier of the Maturity
Date and the first date after such Swingline Loan is made that is the 15th or last day of a
calendar month and is at least seven (7) Business Days after such Swingline Loan is made; provided
that on each date that a Revolving Facility Borrowing (other
than a Borrowing that is required to finance the reimbursement of an L/C Disbursement as
contemplated by Section 2.05(e)) is made by the Domestic Borrower, the Domestic Borrower shall
repay all Swingline Loans then outstanding.

 

52

 

(b) The Domestic Borrower hereby unconditionally promises to pay the Administrative Agent for
the account of each Term Facility Lender holding Term Facility Loans (i) on each March 31, June 30,
September 30 and December 31, commencing June 30, 2012 and continuing through the Maturity Date, a
principal amount equal to 1.25% of the aggregate principal amount of the Term Facility Loans
outstanding as of the day following the termination of the Delayed Draw Availability Period and
(ii) the aggregate amount of unpaid Term Loans on the Maturity Date.

(c) The Domestic Borrower hereby unconditionally promises to pay the Administrative Agent for
the account of each Delayed Draw Lender holding Delayed Draw Term Loans (i) on each March 31, June
30, September 30 and December 31, commencing June 30, 2012 and continuing through the Maturity
Date, a principal amount equal to 1.25% of the aggregate principal amount of the Delayed Draw Term
Loans outstanding as of the day following the termination of the Delayed Draw Availability Period
and (ii) the aggregate amount of unpaid Delayed Draw Term Loans on the Maturity Date.

(d) Each Lender shall maintain in accordance with its usual practice an account or accounts
evidencing the indebtedness of each Borrower to such Lender resulting from each Loan made by such
Lender, including the amounts of principal and interest payable and paid to such Lender from time
to time hereunder.

(e) The Administrative Agent shall maintain accounts in which it shall record (i) the amount
of each Loan made hereunder, the Facility and Type thereof and the Interest Period (if any)
applicable thereto, (ii) the amount of any principal or interest due and payable or to become due
and payable from each Borrower to each Lender hereunder and (iii) any amount received by such
Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

(f) The entries made in the accounts maintained pursuant to Section 2.08(d) or (e) shall be
prima facie evidence of the existence and amounts of the obligations recorded therein; provided
that the failure of any Lender or the Administrative Agent to maintain such accounts or any error
therein shall not in any manner affect the obligation of any Borrower to repay the Loans in
accordance with the terms of this Agreement.

(g) Any Lender may request that Loans made by it to any Borrower be evidenced by a promissory
note substantially in the form of Exhibit J. In such event, each such Borrower shall
prepare, execute and deliver to such Lender a promissory note payable to the order of such Lender
(or, if requested by such Lender, to such Lender and its registered assigns) and in a form approved
by the Administrative Agent. Thereafter, the Loans evidenced by such promissory note and interest
thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by
one or more promissory notes in such form payable to the order of the payee named therein (or, if
such promissory note is a registered note, to such payee and its registered assigns).

 

53

 

Section 2.11 Repayment of Revolving Facility Loans, Term Facility Loans and Delayed Draw
Term Loans. Prior to any repayment of any Borrowing under any Facility hereunder, a Borrower
shall select the Borrowing or Borrowings under the applicable Facility to be repaid and shall
notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later
than 2:00 p.m., Local Time, (i) in the case of an ABR Borrowing, one Business Day before the
scheduled date of such repayment and (ii) in the case of a Eurocurrency Borrowing, three Business
Days before the scheduled date of such repayment. Each repayment of a Borrowing under a Facility
shall be applied to the Loans under such Facility included in the repaid Borrowing such that each
Lender under such Facility receives its ratable share of such repayment (based upon the respective
Revolving Facility Credit Exposures of the Revolving Facility Lenders at the time of such
repayment). Notwithstanding anything to the contrary in the immediately preceding sentence, prior
to any repayment of a Swingline Borrowing hereunder, the Domestic Borrower shall select the
Borrowing or Borrowings to be repaid and shall notify the Administrative Agent by telephone
(confirmed by telecopy) of such selection not later than 1:00 p.m., Local Time, on the scheduled
date of such repayment. Repayments of Borrowings shall be accompanied by accrued interest on the
amount repaid.

Section 2.12 Prepayment of Loans.

(a) Each Borrower shall have the right at any time and from time to time to prepay any
Borrowing in whole or in part, without premium or penalty (but subject to Section 2.17), in an
aggregate principal amount that is an integral multiple of the Borrowing Multiple and not less than
the Borrowing Minimum or, if less, the amount outstanding, subject to prior notice in accordance
with Section 2.11. Any prepayment of the Term Facility Loans or the Delayed Draw Term Loans made
under this Section 2.12(a) shall be applied to the remaining scheduled payments under the Term Loan
Facility or the Delayed Draw Facility, respectively, in direct order of maturity.

(b) If on any date, the Administrative Agent notifies the Domestic Borrower that, on the last
day of any month, the sum of (i) the sum of aggregate principal amount of all Revolving Facility
Loans denominated in Dollars plus the aggregate principal amount of all Letters of Credit
denominated in Dollars then outstanding plus (ii) the Equivalent in Dollars (determined on the
third Business Day prior to such interest payment date) of the sum of the aggregate principal
amount of all Revolving Facility Loans denominated in Foreign Currencies plus the aggregate
principal amount of all Letters of Credit denominated in Foreign Currencies then outstanding
exceeds 105% of the aggregate Revolving Facility Commitments of the Lenders on such date, the
Domestic Borrower and each other Borrower shall, as soon as practicable and in any event within two
Business Days following such date, prepay the outstanding principal amount of any Revolving
Facility Loans owing by such Borrower in an aggregate amount (or deposit cash collateral in an
account with the Administrative Agent pursuant to Section 2.05(j)) sufficient to reduce such sum to
an amount not to exceed 100% of the aggregate Revolving Facility Commitments of the Lenders on such
date together with any interest accrued to the date of such prepayment on the aggregate principal
amount of Revolving Facility Loans prepaid. The Administrative Agent shall give prompt notice of
any prepayment required under this Section 2.12(b) to the Domestic Borrower and the Lenders.

 

54

 

(c) On each date on or after the Closing Date upon which either Borrower or any Subsidiary
receives any cash proceeds from any Asset Disposition, an amount equal to 100% of the Net Proceeds
therefrom shall be applied on such date as a mandatory prepayment in accordance with Section
2.12(d); provided, however, that such Net Proceeds shall not be required to be so applied on such
date so long as no Event of Default then exists and such Net Proceeds shall be used to purchase
Property (other than inventory) used or to be used in the businesses permitted pursuant to Section
6.08 within one year following the date of such Asset Disposition; provided that a binding
commitment to purchase such property shall be treated as a permanent application thereof pursuant
to this clause (c) from the date of such commitment until the earlier of (x) the date on which such
expenditure is made and (y) the 180th day following the expiration of the aforementioned
one year period.

(d) Each prepayment of Borrowings pursuant to Section 2.12(c) shall be applied ratably to the
Term Facility Loans and the Delayed Draw Term Loans. Prepayments pursuant to Section 2.12(c) shall
be accompanied by accrued interest to the extent required by Section 2.14. Each prepayment of
Borrowings pursuant to Section 2.12(c) shall be applied, first, to any ABR Borrowings then
outstanding, and, second, to any Eurocurrency Borrowings then outstanding, and if more than one
Eurocurrency Borrowing is then outstanding, to each such Eurocurrency Borrowing in order of
priority beginning with the Eurocurrency Borrowing with the least number of days remaining in the
Interest Period applicable thereto and ending with the Eurocurrency Borrowing with the most number
of days remaining in the Interest Period applicable thereto.

Section 2.13 Fees.

(a) The Domestic Borrower agrees to pay to each Lender, through the Administrative Agent, 10
Business Days after the last day of March, June, September and December in each year, and three
Business Days after the date on which the Revolving Facility Commitments of all the Lenders shall
be terminated as provided herein, a commitment fee (a “Commitment Fee”) on the daily amount
of the sum of (i) Revolving Facility Available Unused Commitment of such Lender during the
preceding quarter (or other period commencing with the Closing Date and ending with the date on
which the last of the Commitments of such Lender shall be terminated) and (ii) the aggregate amount
of each Lender’s Delayed Draw Commitment at the rate per annum set forth under the caption
“Commitment Fee” below based upon the Leverage Ratio as of the most recent determination date.

	 	 	 	 	 
	Leverage Ratio	 	Commitment Fee	 
	 
	Category 1
	 	 	50.0	 
	Equal to or greater than 3.00 to 1.00
	 	 	 	 
	Category 2
	 	 	50.0	 
	Less than 3.00 to 1.00 but equal to or greater than 2.25 to 1.00
	 	 	 	 
	Category 3
	 	 	37.5	 
	Less than 2.25 to 1.00 equal to or greater than 1.50 to 1.00
	 	 	 	 
	Category 4
	 	 	37.5	 
	Less than 1.50 to 1.00
	 	 	 	 

 

55

 

All Commitment Fees shall be computed on the basis of the actual number of days elapsed in a
year of 360 days. For the purpose of calculating any Lender’s Commitment Fee, the outstanding
Swingline Loans during the period for which such Lender’s Commitment Fee is calculated shall be
deemed to be zero. The Commitment Fee due to each Lender shall begin to accrue on the Closing Date
and shall cease to accrue on the date on which the last of the Commitments of such Lender shall be
terminated as provided herein.

(b) The Domestic Borrower from time to time agrees to pay to each Revolving Facility Lender
(other than any Defaulting Lender), through the Administrative Agent, 15 Business Days after the
last day of March, June, September and December of each year and three Business Days after the date
on which the Revolving Facility Commitments of all the Lenders shall be terminated as provided
herein, a fee (an “L/C Participation Fee”) on such Lender’s Revolving Facility Percentage
of the daily aggregate Revolving L/C Exposure (excluding the portion thereof attributable to
unreimbursed L/C Disbursements), during the preceding quarter (or shorter period commencing with
the Closing Date and ending with the Maturity Date or the date on which the Revolving Facility
Commitments shall be terminated) at the rate per annum set forth below based upon the Leverage
Ratio as of the most recent determination date.

	 	 	 	 	 	 	 	 	 
	Leverage Ratio	 	Performance L/C Fee Rate	 	 	Financial L/C Fee Rate	 
	 
	Category 1
	 	 	165.0	 	 	 	275.0	 
	Equal to or greater than 3.00 to 1.00
	 	 	 	 	 	 	 	 
	Category 2
	 	 	150.0	 	 	 	250.0	 
	Less than 3.00 to 1.00 but equal to
or greater than 2.25 to 1.00
	 	 	 	 	 	 	 	 
	Category 3
	 	 	135.0	 	 	 	225.0	 
	Less than 2.25 to 1.00 equal to or
greater than 1.50 to 1.00
	 	 	 	 	 	 	 	 
	Category 4
	 	 	120.0	 	 	 	200.0	 
	Less than 1.50 to 1.00
	 	 	 	 	 	 	 	 

Each Borrower from time to time agrees to pay to each Issuing Bank, for its own account, (i)
15 Business Days after the last day of March, June, September and December of each year and three
Business Days after the date on which the Revolving Facility Commitments of all the Lenders shall
be terminated as provided herein, a fronting fee in respect of each Letter of Credit issued by such
Issuing Bank at the request of such Borrower for the period from and including the date of issuance
of such Letter of Credit to and including the termination of such Letter of Credit (computed at a
rate equal to 1/8 of 1% per annum of the daily average stated amount of such Letter of Credit),
plus (ii) in connection with the issuance, amendment or transfer of any such Letter of Credit or
any L/C Disbursement thereunder, such Issuing Bank’s customary documentary and processing charges
(collectively, “Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees that
are payable on a per annum basis shall be computed on the basis of the actual number of days
elapsed in a year of 360 days.

 

56

 

(c) The Domestic Borrower agrees to pay to the Administrative Agent, for the account of the
Administrative Agent, the fees set forth in the Fee Letter, as amended, restated, supplemented or
otherwise modified from time to time, at the times specified therein (the “Administrative Agent
Fees”).

(d) All Fees shall be paid on the dates due, in immediately available funds, to the
Administrative Agent for distribution, if and as appropriate, among the Lenders, except that
Issuing Bank Fees shall be paid directly to the applicable Issuing Banks. Once paid, none of the
Fees shall be refundable under any circumstances.

Section 2.14 Interest.

(a) Each Borrower shall pay interest on the unpaid principal amount of each ABR Loan made to
such Borrower at the Alternate Base Rate plus the Applicable Margin.

(b) Each Borrower shall pay interest on the unpaid principal amount of each Eurocurrency Loan
made to such Borrower at the Adjusted LIBO Rate for the Interest Period in effect for such
Eurocurrency Loan plus the Applicable Margin.

(c) Notwithstanding the foregoing, if any principal of or interest on any Loan or any Fees or
other amount payable by any Borrower hereunder is not paid when due, whether at stated maturity,
upon acceleration or otherwise, such Borrower shall pay interest on such overdue amount, after as
well as before judgment, at a rate per annum equal to (x) in the case of overdue principal of any
Loan, 2% plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of
this Section or (y) in the case of any other amount, 2% plus the rate applicable to ABR Loans as
provided in paragraph (a) of this Section; provided that this paragraph (c) shall not apply to any
Event of Default that has been waived by the Lenders pursuant to Section 9.08.

(d) Accrued interest on each Loan shall be payable by the applicable Borrower in arrears on
each Interest Payment Date for such Loan and upon termination of the Revolving Facility Commitments
and the Delayed Draw Commitments; provided that (i) interest accrued pursuant to paragraph (c) of
this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any
Loan (other than a prepayment of an ABR Revolving Loan prior to the end of the Revolving Facility
Availability Period), accrued interest on the principal amount repaid or prepaid shall be payable
on the date of such repayment or prepayment and (iii) in the event of any conversion of any
Eurocurrency Loan prior to the end of the current Interest Period therefor, accrued interest on
such Loan shall be payable on the effective date of such conversion.

(e) All interest hereunder shall be computed on the basis of a year of 360 days, except that
(i) all interest on Loans denominated in Sterling shall be computed on the basis of a year of 365
days (or 366 days in a leap year) and (ii) interest computed by reference to the Alternate Base
Rate at times when the Alternate Base Rate is based on the Base Rate shall be computed on the basis
of a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the
actual number of days elapsed (including the first day but excluding the last day). The applicable
Alternate Base Rate, Adjusted LIBO Rate, LIBO Rate or EURIBO Rate
shall be determined by the Administrative Agent, and such determination shall be conclusive
absent manifest error.

 

57

 

Section 2.15 Alternate Rate of Interest. If prior to the commencement of any Interest
Period for a Eurocurrency Borrowing denominated in any currency:

(a) the Administrative Agent determines (which determination shall be conclusive absent
manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO
Rate, the LIBO Rate or the EURIBO Rate, as applicable, for such Interest Period; or

(b) the Administrative Agent is advised by the Required Lenders or the Majority Lenders under
any Facility that the Adjusted LIBO Rate, the LIBO Rate or the EURIBO Rate, as applicable, for such
Interest Period will not adequately and fairly reflect the cost to such Lenders of making or
maintaining their Loans included in the Borrowings under such Facility for such Interest Period;

then the Administrative Agent shall give notice thereof to the Borrowers and the Lenders by
telephone or telecopy as promptly as practicable thereafter and, until the Administrative Agent
notifies the Borrowers and the Lenders that the circumstances giving rise to such notice no longer
exist, (i) any Interest Election Request that requests the conversion of any Borrowing to, or
continuation of any Borrowing as, a Eurocurrency Borrowing shall be ineffective and such Borrowing,
if denominated in Dollars, shall be converted to, and if denominated in Euros, shall be exchanged
into the Equivalent thereof in Dollars and converted to, an ABR Borrowing, in each case on the last
day of the Interest Period applicable thereto, and (ii) if any Borrowing Request requests a
Eurocurrency Borrowing, such Borrowing shall be made as an ABR Borrowing or shall be made as a
Borrowing bearing interest at such rate as the Required Lenders or the Majority Lenders under the
relevant Facility shall agree adequately reflects the costs to the Lenders under such Facility of
making the Loans comprising such Borrowing.

Section 2.16 Increased Costs.

(a) If any Change in Law shall:

(i) impose, modify or deem applicable any reserve, special deposit or similar
requirement against assets of, deposits with or for the account of, or credit extended by,
any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate or those
for which payment has been requested pursuant to Section 2.21) or Issuing Bank; or

(ii) impose on any Lender or Issuing Bank or the London interbank market any other
condition affecting this Agreement or Eurocurrency Loans made by such Lender or any Letter
of Credit or participation therein (except those for which payment has been requested
pursuant to Section 2.21);

and the result of any of the foregoing shall be to increase the cost to such Lender of making or
maintaining any Eurocurrency Loan (or of maintaining its obligation to make any such Loan) to any
Borrower or to increase the cost to such Lender or Issuing Bank of participating in, issuing
or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by
such Lender or Issuing Bank hereunder (whether of principal, interest or otherwise), then such
Borrower will pay to such Lender or Issuing Bank, as applicable, such additional amount or amounts
as will compensate such Lender or Issuing Bank, as applicable, for such additional costs incurred
or reduction suffered.

 

58

 

(b) If any Lender or Issuing Bank determines that any Change in Law regarding capital
requirements has or would have the effect of reducing the rate of return on such Lender’s or
Issuing Bank’s capital or on the capital of such Lender’s or Issuing Bank’s holding company, if
any, as a consequence of this Agreement or any of the Loans made by, or participations in Letters
of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level
below that which such Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding
company could have achieved but for such Change in Law (taking into consideration such Lender’s or
such Issuing Bank’s policies and the policies of such Lender’s or such Issuing Bank’s holding
company with respect to capital adequacy), then from time to time each Borrower to which such Loans
were made or are to be made shall pay to such Lender or such Issuing Bank, as applicable, such
additional amount or amounts as will compensate such Lender or such Issuing Bank or such Lender’s
or such Issuing Bank’s holding company for any such reduction suffered.

(c) A certificate of a Lender or an Issuing Bank setting forth the amount or amounts necessary
to compensate such Lender or Issuing Bank or its holding company, as applicable, as specified in
paragraph (a) or (b) of this Section shall be delivered to the applicable Borrower and shall be
conclusive absent manifest error. Each Borrower shall pay such Lender or Issuing Bank, as
applicable, the amount shown as due on any such certificate within 10 days after receipt thereof.

(d) Promptly after any Lender or any Issuing Bank has determined that it will make a request
for increased compensation pursuant to this Section 2.16, such Lender or Issuing Bank shall notify
the Borrowers thereof. Failure or delay on the part of any Lender or Issuing Bank to demand
compensation pursuant to this Section shall not constitute a waiver of such Lender’s or Issuing
Bank’s right to demand such compensation; provided that no Borrower shall be required to compensate
a Lender or an Issuing Bank pursuant to this Section for any increased costs or reductions incurred
more than 180 days prior to the date that such Lender or Issuing Bank, as applicable, notifies such
Borrower of the Change in Law giving rise to such increased costs or reductions and of such
Lender’s or Issuing Bank’s intention to claim compensation therefor; provided further that, if the
Change in Law giving rise to such increased costs or reductions is retroactive, then the 180-day
period referred to above shall be extended to include the period of retroactive effect thereof.

 

59

 

Section 2.17 Break Funding Payments. In the event of (a) the payment of any principal
of any Eurocurrency Loan other than on the last day of an Interest Period applicable thereto
(including as a result of an Event of Default), (b) the conversion of any Eurocurrency Loan other
than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert,
continue or prepay any Eurocurrency Loan on the date specified in any notice delivered pursuant
hereto or (d) the assignment of any Eurocurrency Loan other than on the last day of the Interest
Period applicable thereto as a result of a request by any Borrower pursuant to Section 2.20, then,
in any such event, such Borrower shall compensate each Lender for the loss, cost and expense
attributable to such event. In the case of a Eurocurrency Loan, such loss, cost or expense to any
Lender shall be deemed to be the amount determined by such Lender to be the excess, if any, of (i)
the amount of interest which would have accrued on the principal amount of such Loan had such event
not occurred, at the Adjusted LIBO Rate that would have been applicable to such Loan, for the
period from the date of such event to the last day of the then current Interest Period therefor
(or, in the case of a failure to borrow, convert or continue a Eurocurrency Loan, for the period
that would have been the Interest Period for such Loan), over (ii) the amount of interest which
would accrue on such principal amount for such period at the interest rate which such Lender would
bid were it to bid, at the commencement of such period, for deposits in Dollars if such Loan is
denominated in Dollars or the applicable Foreign Currency if such Loan is denominated in such
Foreign Currency, as the case may be, of a comparable amount and period from other banks in the
Eurocurrency market. A certificate of any Lender setting forth any amount or amounts that such
Lender is entitled to receive pursuant to this Section shall be delivered to such Borrower and
shall be conclusive absent manifest error. Such Borrower shall pay such Lender the amount shown as
due on any such certificate within 10 days after receipt thereof.

Section 2.18 Taxes.

(a) Any and all payments by or on account of any obligation of any Loan Party under any Loan
Document shall be made free and clear of and without deduction for any Indemnified Taxes or Other
Taxes; provided that if a Loan Party shall be required to deduct any Indemnified Taxes or Other
Taxes from such payments, then (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) any Agent, Lender or Issuing Bank, as applicable, receives an amount equal to the sum
it would have received had no such deductions for Indemnified Taxes and Other Taxes been made, (ii)
such Loan Party shall make such deductions and (iii) such Loan Party shall timely pay the full
amount deducted to the relevant Governmental Authority in accordance with applicable law.

(b) In addition, each Loan Party shall pay any Other Taxes payable on account of any
obligation of such Loan Party to the relevant Governmental Authority in accordance with applicable
law.

(c) Each Loan Party shall indemnify each Agent, each Lender and each Issuing Bank, within 10
days after written demand therefor, for the full amount of any Indemnified Taxes or Other Taxes
(other than Indemnified Taxes or Other Taxes resulting from gross negligence or willful misconduct
of such Agent, Lender or Issuing Bank and without duplication of any amounts indemnified under
Section 2.18(a)) paid by such Agent, Lender or Issuing Bank, as applicable, on or with respect to
any payment by or on account of any obligation of such Loan Party under any Loan Document
(including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts
payable under this Section) and any reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted
by the relevant Governmental Authority. A certificate as to the amount of such payment or
liability and setting forth in reasonable detail the calculation for such payment or liability
delivered to such Loan
Party by a Lender or an Issuing Bank, or by the Administrative Agent on its own behalf, on
behalf of another Agent or on behalf of a Lender or an Issuing Bank, shall be conclusive absent
manifest error of the Lender, the Issuing Bank or the Administrative Agent.

 

60

 

(d) As soon as practicable after any payment of Indemnified Taxes or Other Taxes by a Loan
Party to a Governmental Authority, such Loan Party shall deliver to the Administrative Agent the
original or a certified copy of a receipt issued by such Governmental Authority evidencing such
payment, a copy of the return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent.

(e) Any Lender, Agent or Issuing Bank that is entitled to an exemption from or reduction of
withholding Tax otherwise indemnified against by a Loan Party pursuant to this Section 2.18 with
respect to payments under any Loan Document shall deliver to the relevant Borrower or the relevant
Governmental Authority (with a copy to the Administrative Agent), to the extent such Lender, Agent
or Issuing Bank is legally entitled to do so, at the time or times prescribed by applicable law
such properly completed and executed documentation prescribed by applicable law as may reasonably
be requested by such Borrower to permit such payments to be made without such withholding tax or at
a reduced rate; provided that no Lender shall have any obligation under this paragraph (e) with
respect to any withholding Tax imposed by any jurisdiction other than the United States or the
jurisdiction under the laws of which any Borrower is organized or in which it is treated as a tax
resident if in the reasonable judgment of such Lender such compliance would subject such Lender to
any material cost or expense not reimbursed or indemnified by the Loan Parties or would otherwise
prejudice such Lender’s interest in any material respect.

(f) In the case of a Lender or Issuing Bank that would be subject to withholding tax imposed
by FATCA on payments made under this Agreement or any other Loan Document if such Lender or Issuing
Bank fails to comply with the applicable reporting requirements of FATCA (including those contained
in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender or Issuing Bank shall
provide such documentation prescribed by applicable law (including as prescribed by Section
1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by either
Borrower or the Administrative Agent as may be necessary for such Borrower or the Administrative
Agent to comply with its obligations under FATCA, to determine that such Lender or Issuing Bank has
complied with such Lender’s or Issuing Bank’s obligations under FATCA, or to determine the amount
to deduct and withhold from any such payments.

(g) If an Agent, Lender or Issuing Bank determines, in good faith and in its sole discretion,
that it has received a refund of any taxes in respect of or calculated with reference to
Indemnified Taxes or Other Taxes as to which it has been indemnified by a Loan Party or with
respect to which a Loan Party has paid additional amounts pursuant to this Section 2.18, it shall
pay over such refund to such Loan Party (but only to the extent of indemnity payments made, or
additional amounts paid, by such Loan Party under this Section 2.18 with respect to the Indemnified
Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of such Agent,
Lender or Issuing Bank (including any Taxes imposed with respect to such refund) as is determined
by the Agent, Lender or Issuing Bank in good faith and in its sole discretion, and without interest
(other than any interest paid by the relevant
Governmental Authority with respect to such refund); provided that such Loan Party, upon the
request of such Agent, Lender or Issuing Bank, agrees to repay as soon as reasonably practicable
the amount paid over to such Loan Party (plus any penalties, interest or other charges imposed by
the relevant Governmental Authority) to such Agent, Lender or Issuing Bank in the event such Agent,
Lender or Issuing Bank is required to repay such refund to such Governmental Authority. This
Section shall not be construed to require any Agent, Lender or Issuing Bank to make available its
tax returns (or any other information relating to its Taxes which it deems confidential) to the
Loan Parties or any other Person.

 

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Section 2.19 Payments Generally; Pro Rata Treatment; Sharing of Set-offs.

(a) Unless otherwise specified, each Borrower shall make each payment required to be made by
it hereunder (whether of principal, interest, fees or reimbursement of L/C Disbursements, or of
amounts payable under Section 2.16, 2.17, 2.18, or 2.21, or otherwise) prior to 2:00 p.m., Local
Time, on the date when due, in immediately available funds, without condition or deduction for any
defense, recoupment, set-off or counterclaim. Any amounts received after such time on any date
may, in the discretion of the Administrative Agent, be deemed to have been received on the next
succeeding Business Day for purposes of calculating interest thereon. All such payments shall be
made to the Administrative Agent to the applicable account designated to the Borrowers by the
Administrative Agent, except payments to be made directly to the applicable Issuing Bank or the
applicable Swingline Lender as expressly provided herein and except that payments pursuant to
Sections 2.16, 2.17, 2.18, or 2.21 and 9.05 shall be made directly to the Persons entitled thereto.
The Administrative Agent shall distribute any such payments received by it for the account of any
other Person to the appropriate recipient promptly following receipt thereof. If any payment
hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended
to the next succeeding Business Day, and, in the case of any payment accruing interest, interest
thereon shall be payable for the period of such extension. Except for Loans denominated in any
Foreign Currency (the principal of and interest on which hereunder shall be paid in such Foreign
Currency) and except for reimbursement obligations with respect to any Letter of Credit denominated
in any Foreign Currency (which shall be paid in such Foreign Currency), all payments hereunder of
(i) principal or interest in respect of any Loan, (ii) reimbursement obligations with respect to
any Letter of Credit or (iii) any other amount due hereunder or under any other Loan Document shall
be made in Dollars. Any payment required to be made by the Administrative Agent hereunder shall be
deemed to have been made by the time required if such Administrative Agent shall, at or before such
time, have taken the necessary steps to make such payment in accordance with the regulations or
operating procedures of the clearing or settlement system used by such Administrative Agent to make
such payment.

(b) If at any time insufficient funds are received by and available to the Administrative
Agent from any Borrower to pay fully all amounts of principal, unreimbursed L/C Disbursements,
interest and fees then due from such Borrower hereunder, such funds shall be applied (i) first,
towards payment of interest and fees then due from such Borrower hereunder, ratably among the
parties entitled thereto in accordance with the amounts of interest and fees then due to such
parties, and (ii) second, towards payment of principal and unreimbursed L/C Disbursements then due
from such Borrower hereunder, ratably among the parties entitled
thereto in accordance with the amounts of principal and unreimbursed L/C Disbursements then
due to such parties.

 

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(c) If any Lender shall, by exercising any right of set-off or counterclaim, through the
application of any proceeds of Collateral or otherwise, obtain payment in respect of any principal
of or interest on any of its Loans or participations in L/C Disbursements or Swingline Loans
resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its
Loans and participations in L/C Disbursements and Swingline Loans and accrued interest thereon than
the proportion received by any other Lender, then the Lender receiving such greater proportion
shall purchase (for cash at face value) participations in the Loans and participations in L/C
Disbursements and Swingline Loans of other Lenders to the extent necessary so that the benefit of
all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of
principal of and accrued interest on their respective Loans and participations in L/C Disbursements
and Swingline Loans; provided that (i) if any such participations are purchased and all or any
portion of the payment giving rise thereto is recovered, such participations shall be rescinded and
the purchase price restored to the extent of such recovery, without interest, and (ii) the
provisions of this paragraph (c) shall not be construed to apply to any payment made by any
Borrower pursuant to and in accordance with the express terms of this Agreement or any payment
obtained by a Lender as consideration for the assignment of or sale of a participation in any of
its Loans or participations in L/C Disbursements to any assignee or participant, other than to such
Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph (c)
shall apply). Each Borrower consents to the foregoing and agrees, to the extent it may effectively
do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing
arrangements may exercise against such Borrower rights of set-off and counterclaim with respect to
such participation as fully as if such Lender were a direct creditor of such Borrower in the amount
of such participation.

(d) Unless the Administrative Agent shall have received notice from the applicable Borrower
prior to the date on which any payment is due to the Administrative Agent for the account of the
Lenders or the applicable Issuing Bank hereunder that such Borrower will not make such payment, the
Administrative Agent may assume that such Borrower has made such payment on such date in accordance
herewith and may, in reliance upon such assumption, distribute to the Lenders or the applicable
Issuing Bank, as applicable, the amount due. In such event, if such Borrower has not in fact made
such payment, then each of the Lenders or the applicable Issuing Bank, as applicable, severally
agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such
Lender or Issuing Bank with interest thereon, for each day from and including the date such amount
is distributed to it to but excluding the date of payment to the Administrative Agent, at the
greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in
accordance with banking industry rules on interbank compensation.

(e) If any Lender shall fail to make any payment required to be made by it pursuant to Section
2.04(c), 2.05(d) or (e), 2.06(b) or 2.19(d), then the Administrative Agent may, in its discretion
(notwithstanding any contrary provision hereof), apply any amounts thereafter received by the
Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such
Sections until all such unsatisfied obligations are fully paid.

 

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(f) To the extent that the Administrative Agent receives funds for application to the amounts
owing by any Borrower under or in respect of this Agreement in currencies other than the currency
or currencies required to enable the Administrative Agent to distribute funds to the Lenders in
accordance with the terms of this Section 2.19, the Administrative Agent shall be entitled to
convert or exchange such funds into Dollars or into a Foreign Currency or from Dollars to a Foreign
Currency or from a Foreign Currency to Dollars, as the case may be, to the extent necessary to
enable the Agent to distribute such funds in accordance with the terms of this Section 2.19;
provided that each Borrower and each of the Lenders hereby agree that the Administrative Agent
shall not be liable or responsible for any loss, cost or expense suffered by such Borrower or such
Lender as a result of any conversion or exchange of currencies affected pursuant to this Section
2.19(f) or as a result of the failure of the Administrative Agent to effect any such conversion or
exchange; and provided further that each applicable Borrower agrees to indemnify the Administrative
Agent and each Lender, and hold the Administrative Agent and each Lender harmless, for any and all
losses, costs and expenses incurred by the Administrative Agent or any Lender for any conversion or
exchange of currencies (or the failure to convert or exchange any currencies) in accordance with
this Section 2.19(f).

Section 2.20 Mitigation Obligations; Replacement of Lenders.

(a) If any Lender requests compensation under Section 2.16 or 2.21, or if any Loan Party is
required to pay any additional amount to any Lender or any Governmental Authority for the account
of any Lender pursuant to Section 2.18, then such Lender shall use reasonable efforts to designate
a different lending office for funding or booking its Loans hereunder or to assign its rights and
obligations hereunder to another of its offices, branches or Affiliates, if, in the reasonable
judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts
payable pursuant to Section 2.16, 2.18 or 2.21, as applicable, in the future and (ii) would not
subject such Lender to any material unreimbursed cost or expense and would not otherwise be
disadvantageous to such Lender in any material respect. The relevant Loan Party hereby agrees to
pay all reasonable costs and expenses incurred by any Lender in connection with any such
designation or assignment.

(b) If any Lender requests compensation under Section 2.16 or 2.21, or if any Loan Party is
required to pay any additional amount to any Lender or any Governmental Authority for the account
of any Lender pursuant to Section 2.18, or is a Defaulting Lender, then such Loan Party may, at its
sole expense and effort, upon notice to such Lender and the Administrative Agent, require such
Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions
contained in Section 9.04), all its interests, rights and obligations under this Agreement to an
assignee that shall assume such obligations (which assignee may be another Lender, if a Lender
accepts such assignment); provided that (i) such Loan Party shall have received the prior written
consent of the Administrative Agent, which consent shall not unreasonably be withheld, (ii) such
Lender shall have received payment of an amount equal to the outstanding principal of its Loans and
participations in L/C Disbursements and Swingline Loans, accrued interest thereon, accrued fees and
all other amounts payable to it hereunder, from the assignee (to the extent of such outstanding
principal and accrued interest and fees) or such Loan Party (in the case of all other amounts) and
(iii) in the case of any such assignment resulting from a claim for compensation under Section 2.16
or 2.21 or payments required to be made pursuant to Section 2.18, such assignment will result in a
reduction in such
compensation or payments. Nothing in this Section 2.20 shall be deemed to prejudice any
rights that any Loan Party may have against any Lender that is a Defaulting Lender.

 

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(c) If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a
proposed amendment, waiver, discharge or termination which pursuant to the terms of Section 9.08
requires the consent of all of the Lenders affected and with respect to which the Required Lenders
or the Majority Lenders, if applicable, shall have granted their consent, then provided no Event of
Default then exists, such Borrower shall have the right (unless such Non-Consenting Lender grants
such consent) to replace such Non-Consenting Lender by requiring such Non-Consenting Lender to
assign its Loans, and its Commitments hereunder to one or more assignees reasonably acceptable to
the Administrative Agent, provided that: (i) all Obligations of Borrowers owing to such
Non-Consenting Lender being replaced shall be paid in full to such Non-Consenting Lender
concurrently with such assignment, and (ii) the replacement Lender shall purchase the foregoing by
paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and
unpaid interest thereon. In connection with any such assignment each Borrower, Administrative
Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section
9.04.

Section 2.21 Additional Reserve Costs.

(a) For so long as any Lender is required to make special deposits with the Bank of England or
comply with reserve assets, liquidity, cash margin or other requirements of the Bank of England, to
maintain reserve asset ratios or to pay fees, in each case in respect of such Lender’s Eurocurrency
Loans, each Borrower shall pay, contemporaneously with each payment of interest on each of such
Loans made to such Borrower, additional interest on such Loan at a rate per annum equal to the
Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in
Exhibit F hereto.

(b) Any additional interest owed pursuant to paragraph (a) above shall be determined by the
applicable Lender, which determination shall be conclusive absent manifest error, and notified to
the applicable Borrower (with a copy to the Administrative Agent) at least five Business Days
before each date on which interest is payable for the applicable Loan, and such additional interest
so notified to such Borrower by such Lender shall be payable to the Administrative Agent for the
account of such Lender on each date on which interest is payable for such Loan.

Section 2.22 Illegality. If any Lender reasonably determines that any change in law
has made it unlawful, or that any Governmental Authority has asserted after the Closing Date that
it is unlawful, for any Lender or its applicable lending office to make or maintain any
Eurocurrency Loans in Dollars or Euros or any other Foreign Currency, then, on notice thereof by
such Lender to any Borrower through the Administrative Agent, any obligations of such Lender to
make or continue Eurocurrency Loans in Dollars or Euros or such other Foreign Currency, or to
convert ABR Borrowings to Eurocurrency Borrowings denominated in Dollars, as the case may be, shall
be suspended until such Lender notifies the Administrative Agent and such Borrower that the
circumstances giving rise to such determination no longer exist. Upon receipt of such notice, such
Borrower shall upon demand from such Lender (with a copy to the Administrative Agent), if such
Eurocurrency Borrowings are denominated in Dollars, convert all
such Eurocurrency Borrowings of such Lender made to such Borrower to ABR Borrowings, and if
such Eurocurrency Borrowings are denominated in a Foreign Currency, exchange all such Eurocurrency
Borrowings into the Equivalent thereof in Dollars and convert such Borrowings to ABR Borrowings, in
each case either on the last day of the Interest Period therefor, if such Lender may lawfully
continue to maintain such Eurocurrency Borrowings to such day, or immediately, if such Lender may
not lawfully continue to maintain such Loans. Upon any such prepayment or conversion, such
Borrower shall also pay accrued interest on the amount so prepaid or converted.

 

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Section 2.23 Additional Borrowers. Upon the execution and delivery by any Additional
Foreign Borrower acceptable to the Administrative Agent in its reasonable judgment of a supplement
to this Agreement, in substantially the form of Exhibit H hereto (a “Credit Agreement
Supplement”) with such changes and modifications thereto as may be required by the laws of any
applicable foreign jurisdiction, (i) such Person shall be referred to as a “Foreign Borrower” and
shall be and become a Foreign Borrower, and each reference in this Agreement to a “Foreign
Borrower” shall also mean and be a reference to such Foreign Borrower and each reference in any
other Loan Document to a “Foreign Borrower” or a “Loan Party” shall also mean and be a reference to
such Foreign Borrower, and (ii) such Person shall assume all of the Obligations of a Foreign
Borrower which is organized in the same jurisdiction as such Additional Foreign Borrower; provided,
however, that the Administrative Agent, the Lenders and the Issuing Banks shall have received, at
least five Business Days prior to the making of Loans to or issuance of Letters of Credit for the
account of any such additional Foreign Borrower, all documentation and other information relating
to such Foreign Borrower requested by them for purposes of ensuring compliance with applicable
“know your customer” and anti-money laundering rules and regulations, including the U.S. Patriot
Act.

Section 2.24 Defaulting Lenders. Notwithstanding any provision of this Agreement to
the contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply
for so long as such Lender is a Defaulting Lender:

(a) fees shall cease to accrue on the unfunded portion of the Commitment of such Defaulting
Lender pursuant to Section 2.13(a);

(b) the Commitment of such Defaulting Lender shall not be included in determining whether all
Lenders, the Required Lenders or the Majority Lenders have taken or may take any action hereunder
(including any consent to any amendment or waiver pursuant to Section 9.08), provided that any
waiver, amendment or modification requiring the consent of each affected Lender shall require the
consent of such Defaulting Lender.

(c) if any L/C Exposure exists at the time a Lender becomes a Defaulting Lender then:

(i) all or any part of such L/C Exposure shall be reallocated among the non-Defaulting Lenders
in accordance with their respective Revolving Facility Percentages but only to the extent (x) the
sum of all non-Defaulting Lenders’ Revolving Facility Credit Exposures plus such Defaulting
Lender’s L/C Exposure does not exceed the total of all non-Defaulting Lenders’ Revolving Facility Commitments and (y) the conditions set forth in Section
4.01 are satisfied at such time; and

 

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(ii) if the reallocation described in clause (i) above cannot, or can only partially, be
effected, the applicable Borrower shall within one (1) Business Day following notice by the
Administrative Agent cash collateralize such Defaulting Lender’s L/C Exposure (after giving effect
to any partial reallocation pursuant to clause (i) above) in accordance with the procedures set
forth in Section 2.05(j) for so long as such L/C Exposure is outstanding;

(iii) if the applicable Borrower cash collateralizes any portion of such Defaulting Lender’s
LC Exposure pursuant to this Section 2.24(c), the Borrower shall not be required to pay any fees to
such Defaulting Lender pursuant to Section 2.13(b) with respect to such Defaulting Lender’s L/C
Exposure during the period such Defaulting Lender’s L/C Exposure is cash collateralized;

(iv) if the L/C Exposure of the non-Defaulting Lenders is reallocated pursuant to this Section
2.24(c), then the fees payable to the Lenders pursuant to Section 2.13(a) and Section 2.13(a) shall
be adjusted in accordance with such non-Defaulting Lenders’ Revolving Facility Percentages; or

(v) if any Defaulting Lender’s L/C Exposure is neither cash collateralized nor reallocated
pursuant to this Section 2.24(c), then, without prejudice to any rights or remedies of the Issuing
Bank or any Lender hereunder, all Commitment Fees that otherwise would have been payable to such
Defaulting Lender (solely with respect to the portion of such Defaulting Lender’s Commitment that
was utilized by such L/C Exposure) under Section 2.13(a) and letter of credit fees payable under
Section 2.13(b) with respect to such Defaulting Lender’s L/C Exposure shall be payable to the
Issuing Bank until such L/C Exposure is cash collateralized and/or reallocated.

(d) If any Swingline Exposure exists at the time a Lender becomes a Defaulting Lender then:

(i) all or any part of such Defaulting Lender’s Swingline Exposure shall be reallocated among
the non-Defaulting Lenders in accordance with their respective Revolving Facility Percentages
(calculated without regard to such Defaulting Lender’s Commitment) but only to the extent (x) the
sum of all non-Defaulting Lenders’ Revolving Facility Credit Exposures plus such Defaulting
Lender’s L/C Exposure does not exceed the total of all non-Defaulting Lenders’ Commitments and (y)
the conditions set forth in Section 4.01 are satisfied at such time;

(ii) if the reallocation described in clause (i) above cannot, or can only partially, be
effected, then the Domestic Borrower shall within one (1) Business Day following notice by the
Administrative Agent cash collateralize such Defaulting Lender’s Swingline Exposure (after giving
effect to any partial reallocation pursuant to clause (i) above) in accordance with the procedures
set forth in Section 7.01 for so long as such Swingline Exposure is outstanding; or

 

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(iii) if the Swingline Exposure of the non-Defaulting Lenders is reallocated pursuant to this
Section 2.24(d), then the fees payable to the Lenders pursuant to Section 2.13(a) and Section
2.13(b) shall be adjusted in accordance with such non-Defaulting Lenders’ Revolving Facility
Percentages (calculated without regard to such Defaulting Lender’s Commitment).

(e) so long as any Lender is a Defaulting Lender, the Issuing Bank shall not be required to
issue, amend or increase any Letter of Credit, unless it is satisfied that the related exposure of
such Defaulting Lender will be 100% covered by the Revolving Facility Commitments of the
non-Defaulting Lenders and/or cash collateral will be provided by the Domestic Borrower in
accordance with Section 2.24(c), and participating interests in any such newly issued or increased
Letter of Credit shall be allocated among non-Defaulting Lenders in a manner consistent with
Section 2.24(c)(i) (and any Defaulting Lender shall not participate therein). For the avoidance of
doubt, the existence of a Defaulting Lender shall not affect the obligation of the Issuing Bank to
issue Letters of Credit but shall only reduce the L/C Commitment by the amount allocated to such
Defaulting Lender to the extent the Defaulting Lender’s obligations under Section 2.05(d) are not
reallocated to other non-Defaulting Lenders or cash collateralized.

In the event that the Administrative Agent, the Borrower, the Swingline Lender and the Issuing
Bank each agrees that a Defaulting Lender has adequately remedied all matters that caused such
Defaulting Lender to be a Defaulting Lender, then the L/C Exposure of the non-Defaulting Lenders
shall be readjusted to reflect the inclusion of such Defaulting Lender’s Commitment and on such
date such Defaulting Lender shall purchase at par such of the Revolving Facility Loans of the other
Lenders as the Administrative Agent shall determine may be necessary in order for such Defaulting
Lender to hold such Revolving Facility Loans in accordance with its Revolving Facility Percentage.

(f) So long as any Lender is a Defaulting Lender, the Swingline Lender shall not be required
to make any Swingline Loan, unless it is satisfied that the related exposure of such Defaulting
Lender will be 100% covered by the Revolving Facility Commitments of the non-Defaulting Lenders
and/or cash collateral will be provided by the Borrower in accordance with Section 2.24(d), and
participating interests in any such newly made Swingline Loan shall be allocated among
non-Defaulting Lenders in a manner consistent with Section 2.04(c) (and Defaulting Lenders shall
not participate therein). For the avoidance of doubt, the existence of a Defaulting Lender shall
not affect the obligation of the Swingline Lender to make Swingline Loans but shall only reduce the
Swingline limit set forth in Section 2.04(a) by the amount allocated to such Defaulting Lender to
the extent the Defaulting Lender’s obligations under Section 2.04(c) are not reallocated to other
non-Defaulting Lenders or cash collateralized.

 

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ARTICLE III

REPRESENTATIONS AND WARRANTIES

Each of the Borrowers represents and warrants to each of the Lenders with respect to itself
and each of its respective Subsidiaries that:

Section 3.01 Organization; Powers. Except as set forth on Schedule 3.01, each
of the Borrowers and each of their Subsidiaries (a) is duly organized, validly existing and (if
applicable) in good standing under the laws of the jurisdiction of its organization except for such
failures to be in good standing which could not reasonably be expected to have a Material Adverse
Effect, (b) has all requisite power and authority to own its property and assets and to carry on
its business as now conducted, (c) is qualified to do business in each jurisdiction where such
qualification is required, except where the failure to so qualify could not reasonably be expected
to have a Material Adverse Effect, and (d) has the power and authority to execute, deliver and
perform its obligations under each of the Loan Documents and each other agreement or instrument
contemplated thereby to which it is or will be a party and, in the case of each Borrower, to borrow
and otherwise obtain credit hereunder.

Section 3.02 Authorization. The execution, delivery and performance by each Borrower
and each of their Subsidiaries of each of the Loan Documents to which it is a party, and the
borrowings hereunder and the Transactions (a) have been duly authorized by all corporate,
stockholder, limited liability company or partnership action required to be obtained by each
Borrower and such Subsidiaries and (b) will not (i) violate (A) any provision of law, statute, rule
or regulation, or of the certificate or articles of incorporation or other constitutive documents
or by-laws of any Borrower or any such Subsidiary, (B) any applicable order of any court or any
rule, regulation or order of any Governmental Authority or (C) any provision of any indenture,
lease, agreement or other instrument to which any Borrower or any such Subsidiary is a party or by
which any of them or any of their respective property is or may be bound, (ii) be in conflict with,
result in a breach of or constitute (alone or with notice or lapse of time or both) a default
under, give rise to a right of or result in any cancellation or acceleration of any right or
obligation (including any payment) or to a loss of a material benefit under any such indenture,
lease, agreement or other instrument, where any such conflict, violation, breach or default
referred to in clause (i) or (ii) of this Section 3.02, could reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect, or (iii) result in the creation or
imposition of any Lien upon or with respect to any property or assets now owned or hereafter
acquired by any Borrower or any such Subsidiary, other than the Liens created by the Loan
Documents.

Section 3.03 Enforceability. This Agreement has been duly executed and delivered by
each Borrower and constitutes, and each other Loan Document when executed and delivered by each
Loan Party that is party thereto will constitute, a legal, valid and binding obligation of such
Loan Party enforceable against each such Loan Party in accordance with its terms, subject to (a)
the effects of bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other
similar laws affecting creditors’ rights generally, (b) general principles of equity (regardless of
whether such enforceability is considered in a proceeding in equity or at law) and (c) implied
covenants of good faith and fair dealing.

Section 3.04 Governmental Approvals. No action, consent or approval of, registration
or filing with or any other action by any Governmental Authority is or will be required in
connection with the Transactions except for (a) the filing of UCC financing statements, (b) filings
with the United States Patent and Trademark Office and the United States Copyright Office or, with
respect to Intellectual Property which is the subject of registration or application outside the
United States, such applicable patent, trademark or copyright office or other intellectual property
authority, (c) recordation of the Mortgages, (d) such consents,
authorizations, filings or other actions that have either (i) been made or obtained and are in
full force and effect or (ii) are listed on Schedule 3.04, and (e) such actions, consents
and approvals the failure to be obtained or made which could not reasonably be expected to have a
Material Adverse Effect.

 

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Section 3.05 Financial Statements. There has heretofore been furnished to the
Lenders: the audited consolidated balance sheet as of December 31, 2010 and the related audited
combined statements of income and cash flows for the year ended December 31, 2010 of the Domestic
Borrower, were prepared in accordance with GAAP consistently applied during such periods and fairly
present the consolidated financial position of the Borrowers as of the date thereof and its
consolidated results of operations and cash flows for the period then ended.

Section 3.06 No Material Adverse Effect. Since December 31, 2010, there has been no
event or occurrence which has resulted in or would reasonably be expected to result in,
individually or in the aggregate, any Material Adverse Effect.

Section 3.07 Title to Properties; Possession Under Leases.

(a) Each of the Borrowers and their Subsidiaries has good and valid record fee simple title
to, all Mortgaged Properties, subject solely to Permitted Encumbrances and except where the failure
to have such title could not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect. The Borrowers and their Subsidiaries have maintained, in all material
respects and in accordance with normal industry practice, all of the machinery, equipment,
vehicles, facilities and other tangible personal property now owned or leased by the Borrowers and
the other Subsidiaries that is necessary to conduct their business as it is now conducted. All
such Mortgaged Properties are free and clear of Liens, other than Liens expressly permitted by
Section 6.02 or arising by operation of law.

(b) Each of the Borrowers and their Subsidiaries has complied with all obligations under all
leases to which it is a party, except where the failure to comply would not have a Material Adverse
Effect, and all such leases are in full force and effect, except leases in respect of which the
failure to be in full force and effect could not reasonably be expected to have a Material Adverse
Effect. Each of the Borrowers and their Subsidiaries enjoys peaceful and undisturbed possession
under all such leases, other than leases in respect of which the failure to enjoy peaceful and
undisturbed possession could not reasonably be expected to have, individually or in the aggregate,
a Material Adverse Effect.

(c) As of the Closing Date, the Borrowers and their Subsidiaries have good title to or valid
leasehold interests in all real property set forth on Schedule 3.17(a) and Schedule
3.17(b), and all such real property is reasonably necessary for the conduct of the business and
operations of Borrower and the Subsidiaries as currently conducted.

(d) Each of the Borrowers and their Subsidiaries owns or possesses, or could obtain ownership
or possession of, on terms not materially adverse to it, all patents, trademarks, service marks,
trade names, copyrights, licenses and rights with respect thereto necessary for the present conduct
of its business, without any known conflict with the rights of others, and free
from any burdensome restrictions, except where such conflicts and restrictions could not
reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

 

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(e) As of the Closing Date, none of the Borrowers and their Subsidiaries has received any
notice of any pending or contemplated condemnation proceeding affecting any of the Mortgaged
Properties or any sale or disposition thereof in lieu of condemnation that remains unresolved as of
the Closing Date, except as set forth on Schedule 3.07(e).

(f) None of the Borrowers and their Subsidiaries is obligated on the Closing Date under any
right of first refusal, option or other contractual right to sell, assign or otherwise dispose of
any Mortgaged Property or any interest therein, except as permitted under Section 6.02 or 6.05.

(g) Schedule 3.07(g) sets forth as of the Closing Date the name and jurisdiction of
incorporation, formation or organization of each Subsidiary of the Domestic Borrower and, as to
each such Subsidiary, the percentage of each class of Equity Interests owned by the Domestic
Borrower or by any such Subsidiary, indicating the ownership thereof.

(h) As of the Closing Date, there are no outstanding subscriptions, options, warrants, calls,
rights or other agreements or commitments (other than stock options granted to employees or
directors and directors’ qualifying shares) of any nature relating to any Equity Interests of the
Domestic Borrower, or any of the Subsidiaries, except rights of employees to purchase Equity
Interests of the Domestic Borrower in connection with the Transactions or as set forth on
Schedule 3.07(h).

Section 3.08 Litigation; Compliance with Laws.

(a) Except as set forth on Schedule 3.08(a), there are no actions, suits,
investigations or proceedings at law or in equity or by or on behalf of any Governmental Authority
or in arbitration now pending against, or, to the knowledge of the Borrowers, threatened in writing
against or affecting, any Borrower or any of their Subsidiaries or any business, property or rights
of any such Person (i) as of the Closing Date, that involve any Loan Document or the Transactions
or (ii) which individually could reasonably be expected to have a Material Adverse Effect or which
could reasonably be expected, individually or in the aggregate, to materially adversely affect the
Transactions. Neither the Borrowers nor, to the knowledge of any of the Loan Parties, any of its
Affiliates is in violation of any laws relating to terrorism or money laundering, including
Executive Order No. 13224 on Terrorist Financing, effective September 23, 2001, and the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism
Act of 2001, Public Law 107-56 (signed into law on October 26, 2001) (the “U.S. Patriot
Act”).

(b) Except as set forth in Schedule 3.08(b), none of the Borrowers, their Subsidiaries
and their respective properties or assets is in violation of (nor will the continued operation of
their material properties and assets as currently conducted violate) any currently applicable law,
rule or regulation (including any zoning, building, Environmental Law, ordinance, code or approval
or any building permit) or any restriction of record or agreement affecting any Mortgaged Property,
or is in default with respect to any judgment, writ, injunction
or decree of any Governmental Authority, where such violation or default could reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect.

 

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Section 3.09 Federal Reserve Regulations.

(a) None of the Borrowers and their Subsidiaries is engaged principally, or as one of its
important activities, in the business of extending credit for the purpose of purchasing or carrying
Margin Stock.

(b) No part of the proceeds of any Loan will be used, whether directly or indirectly, and
whether immediately, incidentally or ultimately, (i) to purchase or carry Margin Stock or to extend
credit to others for the purpose of purchasing or carrying Margin Stock or to refund indebtedness
originally incurred for such purpose, or (ii) for any purpose that entails a violation of, or that
is inconsistent with, the provisions of the Regulations of the Board, including Regulation U or
Regulation X.

Section 3.10 Investment Company Act. None of the Borrowers or their Subsidiaries is
an “investment company” as defined in, or subject to regulation under, the Investment Company Act
of 1940, as amended.

Section 3.11 Use of Proceeds. The Borrowers will use the proceeds of the Revolving
Facility Loans and Swingline Loans, and may request the issuance of Letters of Credit, solely for
general corporate purposes of the Borrowers and their Subsidiaries in the ordinary course of
business. The Domestic Borrower will use the proceeds of the Term Facility Loans to repurchase
issued or outstanding shares of common Equity Interests of the Domestic Borrower. The Domestic
Borrower will use the proceeds of the Delayed Draw Term Loans solely to consummate the acquisition
of Target and/or to repurchase issued and outstanding shares of common Equity Interests of the
Domestic Borrower.

Section 3.12 Tax Returns. Except as set forth on Schedule 3.12:

(a) Each of the Borrowers and their Subsidiaries (i) has timely filed or caused to be timely
filed all federal, state, local and non-U.S. Tax returns required to have been filed by it that are
material to such companies taken as a whole and each such Tax return is true and correct in all
material respects and (ii) has timely paid or caused to be timely paid all material Taxes shown
thereon to be due and payable by it and all other material Taxes or assessments, except Taxes or
assessments that are being contested in good faith by appropriate proceedings in accordance with
Section 5.03 and for which the Borrowers or any of their Subsidiaries (as the case may be) has set
aside on its books adequate reserves;

(b) Each of the Borrowers and their Subsidiaries has paid in full or made adequate provision
(in accordance with GAAP) for the payment of all Taxes due with respect to all periods or portions
thereof ending on or before the Closing Date, which Taxes, if not paid or adequately provided for,
could individually or in the aggregate reasonably be expected to have a Material Adverse Effect;
and

 

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(c) Other than as could not be, individually or in the aggregate, reasonably expected to have
a Material Adverse Effect: as of the Closing Date, with respect to each of the
Borrowers and their Subsidiaries, (i) there are no claims being asserted in writing with
respect to any Taxes, (ii) no presently effective waivers or extensions of statutes of limitation
with respect to Taxes have been given or requested and (iii) no Tax returns are being examined by,
and no written notification of intention to examine has been received from, the Internal Revenue
Service or any other Taxing authority.

Section 3.13 No Material Misstatements.

(a) All written information (other than the Projections, estimates and information of a
general economic nature) (the “Information”) concerning the Borrowers, their Subsidiaries,
the Transactions and any other transactions contemplated hereby included in the Information
Memorandum or otherwise prepared by or on behalf of the foregoing or their representatives and made
available to any Lenders or the Administrative Agent in connection with the Transactions or the
other transactions contemplated hereby, when taken as a whole, were true and correct in all
material respects, as of the date such Information was furnished to the Lenders and as of the
Closing Date and did not contain any untrue statement of a material fact as of any such date or
omit to state a material fact necessary in order to make the statements contained therein not
materially misleading in light of the circumstances under which such statements were made.

(b) The Projections and estimates and information of a general economic nature prepared by or
on behalf of the Borrowers or any of their representatives and that have been made available to any
Lenders or the Administrative Agent in connection with the Transactions or the other transactions
contemplated hereby (i) have been prepared in good faith based upon assumptions believed by the
Borrowers to be reasonable as of the date thereof, as of the date such Projections and estimates
were furnished to the Initial Lenders and as of the Closing Date, and (ii) as of the Closing Date,
have not been modified in any material respect by any Borrower.

Section 3.14 Employee Benefit Plans.

(a) Each of the Borrowers, the Subsidiaries and the ERISA Affiliates is in compliance with the
applicable provisions of ERISA and the provisions of the Code relating to Plans (and the
regulations and published interpretations thereunder), except for such noncompliance that could not
reasonably be expected to have a Material Adverse Effect. As of the Closing Date, the excess of
the present value of all benefit liabilities under each Plan of the Borrowers, and each Subsidiary
and the ERISA Affiliates (based on those assumptions used to fund such Plan), as of the last annual
valuation date applicable thereto for which a valuation is available, over the value of the assets
of such Plan could not reasonably be expected to have a Material Adverse Effect, and the excess of
the present value of all benefit liabilities of all underfunded Plans (based on those assumptions
used to fund each such Plan) as of the last annual valuation dates applicable thereto for which
valuations are available, over the value of the assets of all such under funded Plans could not
reasonably be expected to have a Material Adverse Effect. No ERISA Event has occurred or is
reasonably expected to occur that, when taken together with all other ERISA Events which have
occurred or for which liability is reasonably expected to occur, could reasonably be expected to
result in a Material Adverse Effect.

 

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(b) All Foreign Plans maintained or contributed to by any Borrower, Subsidiary or ERISA
Affiliate and is in compliance with the requirements of applicable foreign law, except where
noncompliance, individually or in the aggregate, could not reasonably be expected to have a
Material Adverse Effect.

Section 3.15 Environmental Matters. Except as to matters that could not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect (a) no written
notice, request for information, order, complaint, Environmental Claim or penalty has been received
by any Borrower or any of their Subsidiaries, and there are no judicial, administrative or other
actions, suits or proceedings pending or threatened against any Borrower or any of their
Subsidiaries which allege a violation of or liability under any Environmental Laws, in each case
relating to any Borrower or any of their Subsidiaries, (b) each of the Borrowers and the other
Subsidiaries has all environmental, health and safety permits necessary for its operations as
currently conducted to comply with all applicable Environmental Laws and is, and has been, in
compliance with the terms of such permits and with all other applicable Environmental Laws except
for non-compliances which have been resolved and the costs of such resolution have been paid, (c)
the Borrowers and the other Subsidiaries have made available to the Administrative Agent prior to
the date hereof the most recent environmental assessment with respect to the operations of each of
the Borrowers and their Subsidiaries, (d) to the knowledge of the Domestic Borrower and the
Subsidiaries, no Hazardous Material is located at any property currently owned, operated or leased
by any Borrower or any of their Subsidiaries that would reasonably be expected to give rise to any
liability or Environmental Claim of any Borrower or any of its Subsidiaries under any Environmental
Laws, and no Hazardous Material has been generated, owned or controlled by any Borrower or any of
their Subsidiaries and transported to or Released at any location in a manner that would reasonably
be expected to give rise to any liability or Environmental Claim of any Borrower or any of its
Subsidiaries under any Environmental Laws, (e) to the knowledge of the Domestic Borrower and the
Subsidiaries, there are no acquisition agreements pursuant to which any Borrower or any of its
Subsidiaries has expressly assumed or undertaken responsibility for any liability or obligation of
any other Person arising under or relating to Environmental Laws, which in any such case has not
been made available to the Administrative Agent prior to the date hereof, (f) to the knowledge of
the Domestic Borrower and the Subsidiaries, there are no landfills or disposal areas located at,
on, in or under the assets of the Domestic Borrower or any Subsidiary, and (g) to the knowledge of
the Domestic Borrower and the Subsidiaries, except as listed on Schedule 3.15(g), there are
not currently and there have not been any underground storage tanks “owned” or “operated” (as
defined by applicable Environmental Law) by any Domestic Borrower, Borrower or any Subsidiary or
present or located on the Domestic Borrower’s, any Borrower’s or any of their Subsidiary’s Real
Property.

Section 3.16 Mortgages. The Mortgages executed and delivered after the Closing Date
pursuant to clause (i) of the Collateral and Guarantee Requirement and Section 5.10 shall be
effective to create in favor of the Collateral Agent (for the benefit of the Secured Parties) a
legal, valid and enforceable security interest on all of the Loan Parties’ right, title and
interest in and to the Mortgaged Property thereunder and the proceeds thereof, and when such
Mortgages are filed or recorded in the proper real estate filing or recording offices, the
Collateral Agent (for the benefit of the Secured Parties) shall have a fully perfected first
priority Lien on, and security interest in, all right, title and interest of the Loan Parties in
such Mortgaged Property and, to the
extent applicable, subject to Section 9-315 of the UCC, the proceeds thereof, in each case
prior and superior in right to any other Person, other than with respect to Permitted Encumbrances.

 

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Section 3.17 Location of Real Property.

(a) Schedule 3.17(a) lists completely and correctly as of the Closing Date each Real
Property owned by the Borrowers and the Subsidiary Loan Parties, the address or location thereof
and the state in which such property is located.

(b) Schedule 3.17(b) lists completely and correctly as of the Closing Date each Real
Property leased by the Borrowers and the Subsidiary Loan Parties, the address or location thereof.

Section 3.18 Solvency.

(a) Immediately after giving effect to the Transactions (i) the fair value of the assets of
each Borrower (individually) and the Domestic Borrower and its Subsidiaries on a consolidated
basis, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, contingent
or otherwise, of such Borrower (individually) and the Domestic Borrower and its Subsidiaries on a
consolidated basis, respectively; (ii) the present fair saleable value of the property of each
Borrower (individually) and the Domestic Borrower and its Subsidiaries on a consolidated basis will
be greater than the amount that will be required to pay the probable liability of such Borrower
(individually) and the Domestic Borrower and its Subsidiaries on a consolidated basis,
respectively, on their debts and other liabilities, direct, subordinated, contingent or otherwise,
as such debts and other liabilities become absolute and matured; (iii) each Borrower (individually)
and the Domestic Borrower and its Subsidiaries on a consolidated basis will be able to pay their
debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities
become absolute and matured; and (iv) each Borrower (individually) and the Domestic Borrower and
its Subsidiaries on a consolidated basis will not have unreasonably small capital with which to
conduct the businesses in which they are engaged as such businesses are now conducted and are
proposed to be conducted following the Closing Date.

(b) None of the Domestic Borrower or the Borrowers intends to, or believes that it or any of
its Subsidiaries will, incur debts beyond its ability to pay such debts as they mature, taking into
account the timing and amounts of cash to be received by it or any such Subsidiary and the timing
and amounts of cash to be payable on or in respect of its Indebtedness or the Indebtedness of any
such Subsidiary.

Section 3.19 Labor Matters. There are no strikes pending or threatened against any
Borrower or any of its Subsidiaries that, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect. The hours worked and payments made to employees of the
Borrowers and their Subsidiaries have not been in violation in any material respect of the Fair
Labor Standards Act (if applicable) or any other applicable law dealing with such matters. All
material payments due from any Borrower or any of its Subsidiaries or for which any claim may be
made against any Borrower or any of its Subsidiaries, on account of wages and employee health and
welfare insurance and other benefits have been paid or accrued
as a liability on the books of such Borrower or such Subsidiary to the extent required by
GAAP. Except as set forth on Schedule 3.19, consummation of the Transactions will not give
rise to a right of termination or right of renegotiation on the part of any union under any
collective bargaining agreement to which any Borrower or any of its Subsidiaries (or any
predecessor) is a party or by which any Borrower or any of its Subsidiaries (or any predecessor) is
bound, other than collective bargaining agreements that, individually or in the aggregate, are not
material to the Borrowers and their Subsidiaries, taken as a whole.

 

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Section 3.20 Insurance. Schedule 3.20 sets forth a true, complete and correct
description of all material insurance maintained by or on behalf of the Borrowers or their
Subsidiaries as of the Closing Date. As of such date, such insurance is in full force and effect.
Each Borrower believes that the insurance maintained by or on behalf of such Borrower and its
Subsidiaries is adequate.

Section 3.21 Anti-Terrorism and US Sanctions Laws. Neither the Domestic Borrower nor
any of its direct or indirect Subsidiaries (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 such section 2, (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 (“OFAC”) regulation or executive order,
or (iv) will deal with property in which there is any interest of any country or any national of
any country designated under regulations issued pursuant to the United States Office of Foreign
Assets Control Regulations (31 C.F.R. § 500, et seq), Comprehensive Iran Sanctions, Accountability,
and Divestment Act of 2010, International Emergency Economic Powers Act (50 USC § 1701, et seq), or
the Trading with the Enemy Act (50 U.S.C. App. 1 et seq.), as may be amended or modified from time
to time, except (i) in the case of Foreign Subsidiaries, to the extent such laws or regulations do
not apply or (ii) as authorized by OFAC in writing.

ARTICLE IV

CONDITIONS OF LENDING

The obligations of (a) the Lenders (including the Swingline Lenders) to make Loans and (b) any
Issuing Bank to issue Letters of Credit or increase the stated amounts of Letters of Credit
hereunder (each, a “Credit Event”) are subject to the satisfaction of the following
conditions:

Section 4.01 All Credit Events. On the date of each Borrowing and on the date of each
issuance, amendment, extension or renewal of a Letter of Credit:

(a) The Administrative Agent shall have received, in the case of a Borrowing, a Borrowing
Request as required by Section 2.03 (or a Borrowing Request shall have been deemed given in
accordance with the last paragraph of Section 2.03) or, in the case of the issuance of a Letter of
Credit, the applicable Issuing Bank and the Administrative Agent shall
have received a notice requesting the issuance of such Letter of Credit as required by Section
2.05(b).

 

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(b) The representations and warranties set forth in Article III hereof shall be true and
correct in all material respects on and as of the date of such Borrowing or issuance, amendment,
extension or renewal of a Letter of Credit (other than an amendment, extension or renewal of a
Letter of Credit without any increase in the stated amount of such Letter of Credit), as
applicable, with the same effect as though made on and as of such date, except to the extent such
representations and warranties expressly relate to an earlier date (in which case such
representations and warranties shall be true and correct in all material respects as of such
earlier date).

(c) At the time of and immediately after such Borrowing or issuance, amendment, extension or
renewal of a Letter of Credit (other than an amendment, extension or renewal of a Letter of Credit
without any increase in the stated amount of such Letter of Credit), as applicable, no Event of
Default or Default shall have occurred and be continuing.

Each Borrowing and each issuance, amendment, extension or renewal of a Letter of Credit (other
than an amendment, extension or renewal of a Letter of Credit without any increase in the stated
amount of such Letter of Credit) made by any Borrower shall be deemed to constitute a
representation and warranty by such Borrower on the date of such Borrowing, issuance, amendment,
extension or renewal as applicable, as to the matters specified in paragraphs (b) and (c) of this
Section 4.01.

Section 4.02 First Credit Event. On the Closing Date:

(a) The Administrative Agent (or its counsel) shall have received from each party hereto
either (i) a counterpart of this Agreement signed on behalf of such party or (ii) written evidence
satisfactory to the Administrative Agent (which may include telecopy transmission of a signed
signature page of this Agreement) that such party has signed a counterpart of this Agreement.

(b) The Administrative Agent shall have received, on behalf of itself, the Collateral Agent,
the Lenders and each Issuing Bank on the Closing Date, favorable written opinions of Gibson, Dunn &
Crutcher LLP, counsel for the Loan Parties, in form and substance reasonably satisfactory to the
Administrative Agent (and each Loan Party hereby instructs its counsel to deliver such opinion) (A)
dated the Closing Date, (B) addressed to each Issuing Bank on the Closing Date, the Administrative
Agent, the Collateral Agent and the Lenders and (C) in form and substance reasonably satisfactory
to the Administrative Agent and covering such other matters relating to the Loan Documents as the
Administrative Agent shall reasonably request.

(c) All legal matters incident to this Agreement, the borrowings and extensions of credit
hereunder and the other Loan Documents shall be reasonably satisfactory to the Administrative
Agent, to the Lenders and to each Issuing Bank on the Closing Date.

 

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(d) The Administrative Agent shall have received in the case of each Loan Party, other than
the French Borrower, each of the items referred to in clauses (i), (ii), (iii) and (iv) below:

(i) a copy of the certificate or articles of incorporation, partnership agreement or
limited liability agreement, including all amendments thereto, or other relevant
constitutional documents under applicable law of each Loan Party, (A) in the case of a
corporation, certified as of a recent date by the Secretary of State (or other similar
official) or, with respect to any Foreign Subsidiary, an officer or director and a
certificate as to the good standing (to the extent such concept or a similar concept exists
under the laws of such jurisdiction) of each such Loan Party as of a recent date from such
Secretary of State (or other similar official) or (B) in the case of a partnership of or
limited liability company, certified by the Secretary or Assistant Secretary of each such
Loan Party;

(ii) a certificate of the Secretary or Assistant Secretary or similar officer of each
Loan Party other than the French Borrower in each case dated the Closing Date and
certifying:

(A) that attached thereto is a true and complete copy of the by-laws (or
partnership agreement, memorandum and articles of association, limited liability
company agreement or other equivalent governing documents) of such Loan Party as in
effect on the Closing Date and at all times since a date prior to the date of the
resolutions described in clause (B) below,

(B) that attached thereto is a true and complete copy of resolutions duly
adopted by the Board of Directors (or equivalent governing body) of such Loan Party
(or its managing general partner or managing member) authorizing the execution,
delivery and performance of the Loan Documents to which such Person is a party and,
in the case of a Borrower, the borrowings hereunder, and that such resolutions have
not been modified, rescinded or amended and are in full force and effect on the
Closing Date,

(C) that the certificate or articles of incorporation, partnership agreement or
limited liability agreement of such Loan Party has not been amended since the date
of the last amendment thereto disclosed pursuant to clause (i) above,

(D) as to the incumbency and specimen signature of each officer executing any
Loan Document or any other document delivered in connection herewith on behalf of
such Loan Party, and

(E) as to the absence of any pending proceeding for the dissolution or
liquidation of such Loan Party or, to the knowledge of such Person, threatening the
existence of such Loan Party;

(iii) a certificate of another officer or as to the incumbency and specimen signature
of the Secretary or Assistant Secretary or director or similar officer executing the
certificate pursuant to clause (ii) above; and

(iv) such other documents as the Administrative Agent may reasonably request (including
without limitation, tax identification numbers and addresses).

 

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(e) The Collateral and Guarantee Requirement with respect to items to be completed as of the
Closing Date shall have been satisfied.

(f) The Lenders shall have received the financial statements referred to in Section 3.05.

(g) After giving effect to the Transactions to be completed on the Closing Date and the other
transactions contemplated hereby, the Existing Credit Agreement shall be paid in full, all
commitments thereunder shall be terminated and liens granted thereunder shall be released. In
addition, the Borrowers and their Subsidiaries shall have outstanding no Indebtedness other than
(i) the Loans and other extensions of credit under this Agreement, (ii) the 2014 Senior
Subordinated Notes and (iii) other Indebtedness permitted pursuant to Section 6.01.

(h) The Lenders shall have received a solvency certificate substantially in the form of
Exhibit G and signed by the chief financial officer or another Responsible Officer of the
Domestic Borrower confirming the solvency of each Borrower and its Subsidiaries on a consolidated
basis after giving effect to the Transactions.

(i) There has not been any Material Adverse Effect, after giving effect to the Transactions,
taken as a whole, since December 31, 2010.

(j) No provision of any applicable law or regulation, and no judgment, injunction, order or
decree shall prohibit the consummation of the Transactions, and all material actions by or in
respect of or material filings with any Governmental Authority required to permit the consummation
of the Transactions shall have been taken, made or obtained, except for any such actions or filings
the failure to take, make or obtain would not be material to each Borrower and its Subsidiaries,
taken as a whole.

(k) The Agents shall have received all fees payable thereto or to any Lender on or prior to
the Closing Date and, to the extent invoiced, all other amounts due and payable pursuant to the
Loan Documents on or prior to the Closing Date, including, to the extent invoiced, reimbursement or
payment of all reasonable out-of-pocket expenses (including reasonable fees, charges and
disbursements of Vinson & Elkins L.L.P. and local counsel) required to be reimbursed or paid by the
Loan Parties hereunder or under any Loan Document.

(l) The Administrative Agent shall have received a certificate signed by a Responsible Officer
of the Domestic Borrower as to the matters set forth in clauses (g), (i), and (j) of this Section
4.02.

The Administrative Agent shall notify the Borrower and the Lenders of the Closing Date, and
such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the
Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become
effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section
12.02) at or prior to 2:00 p.m., New York City time, on April 30, 2011 (and, in the event such
conditions are not so satisfied or waived, the Commitments shall terminate at such time).

 

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Section 4.03 Conditions Precedent to the Initial Borrowing of Each Additional
Borrower. The obligation of any Lender to make an initial advance of any Loan to, or any
Issuing Bank to make an initial issuance of any Letter of Credit for the account of, each
Additional Foreign Borrower following its designation as a Borrower hereunder pursuant to Section
2.23, is subject to the following:

(a) The Administrative Agent (or its counsel) shall have received a counterpart of the Credit
Agreement Supplement signed on behalf of such Borrower, in substantially the form of Exhibit
H hereto.

(b) The Administrative Agent shall have received, on behalf of itself, the Collateral Agent,
the Lenders and each Issuing Bank, favorable legal opinions, dated as of the date of such initial
advance or issuance, relating to such Borrower and as otherwise described in Section 4.02(b).

(c) The Administrative Agent shall have received each of the items referred to in clauses (i),
(ii), (iii) and (iv) of Section 4.02(d) with respect to such Borrower, each certified and dated as
of the date of such initial advance or issuance.

ARTICLE V

AFFIRMATIVE COVENANTS

Each of the Borrowers covenants and agrees with each Lender that so long as this Agreement
shall remain in effect and until the commitments have been terminated and the principal of and
interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document
shall have been paid in full and all Letters of Credit have been canceled or have expired and all
amounts drawn thereunder have been reimbursed in full, unless the Required Lenders shall otherwise
consent in writing, each the Borrowers will, and will cause each of their Subsidiaries to:

Section 5.01 Existence; Businesses and Properties.

(a) Do or cause to be done all things necessary to preserve, renew and keep in full force and
effect its legal existence, except as otherwise expressly permitted under Section 6.05, and except
for the liquidation or dissolution of Subsidiaries if the assets of such Subsidiaries to the extent
they exceed estimated liabilities are acquired by the Domestic Borrower or a Wholly Owned
Subsidiary of the Domestic Borrower in such liquidation or dissolution; provided that Subsidiaries
that are Loan Parties may not be liquidated into Subsidiaries that are not Loan Parties.

(b) Do or cause to be done all things necessary to (i) obtain, preserve, renew, extend and
keep in full force and effect the permits, franchises, authorizations, patents, trademarks, service
marks, trade names, copyrights, licenses and rights with respect thereto necessary to the normal
conduct of its business, (ii) comply in all material respects with all material applicable laws,
rules, regulations (including any zoning, building, ordinance, code or approval or any building
permits or any restrictions of record or agreements affecting the Mortgaged Properties) and
judgments, writs, injunctions, decrees and orders of any Governmental Authority, whether now in
effect or hereafter enacted and (iii) at all times
maintain and preserve all property necessary to the normal conduct of its business and keep
such property in good repair, working order and condition and from time to time make, or cause to
be made, all needful and proper repairs, renewals, additions, improvements and replacements thereto
necessary in order that the business carried on in connection therewith, if any, may be properly
conducted at all times (in each case except as expressly permitted by this Agreement); in each case
in this paragraph (b) except where the failure would not reasonably be expected to have a Material
Adverse Effect.

 

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Section 5.02 Insurance.

(a) Keep its insurable properties insured at all times by financially sound and reputable
insurers in such amounts as shall be customary for similar businesses and maintain such other
reasonable insurance (including, to the extent consistent with past practices, self-insurance), of
such types, to such extent and against such risks, as is customary with companies in the same or
similar businesses and maintain such other insurance as may be required by law or any other Loan
Document.

(b) Cause all such property and casualty insurance policies with respect to the Mortgaged
Properties located in the United States to be endorsed or otherwise amended to include a “standard”
or “New York” lender’s loss payable endorsement, in form and substance reasonably satisfactory to
the Administrative Agent and the Collateral Agent, which endorsement shall provide that, from and
after the Closing Date, if the insurance carrier shall have received written notice from the
Administrative Agent or the Collateral Agent of the occurrence of an Event of Default, the
insurance carrier shall pay all proceeds otherwise payable to any Borrower or the Loan Parties
under such policies directly to the Collateral Agent; cause all such policies to provide that
neither any Borrower, the Administrative Agent, the Collateral Agent nor any other party shall be a
coinsurer thereunder and to contain a “Replacement Cost Endorsement,” without any deduction for
depreciation, and such other provisions as the Administrative Agent or the Collateral Agent may
reasonably (in light of a Default or a material development in respect of the insured Mortgaged
Property) require from time to time to protect their interests; deliver original or certified
copies of all such policies or a certificate of an insurance broker to the Collateral Agent; cause
each such policy to provide that it shall not be canceled or not renewed upon less than 30 days’
prior written notice thereof by the insurer to the Administrative Agent and the Collateral Agent;
deliver to the Administrative Agent and the Collateral Agent, prior to the cancellation or
nonrenewal of any such policy of insurance, a copy of a renewal or replacement policy (or other
evidence of renewal of a policy previously delivered to the Administrative Agent and the Collateral
Agent), or insurance certificate with respect thereto, together with evidence satisfactory to the
Administrative Agent and the Collateral Agent of payment of the premium therefor.

(c) If at any time the area in which the Premises (as defined in the Mortgages) are located is
designated a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency
Management Agency (or any successor agency), obtain flood insurance in such reasonable total amount
as the Administrative Agent or the Collateral Agent may from time to time reasonably require, and
otherwise to ensure compliance with the National Flood Insurance Program as set forth in the Flood
Disaster Protection Act of 1973, as it may be amended from time to time.

 

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(d) With respect to each Mortgaged Property located in the United States, carry and maintain
comprehensive general liability insurance including the “broad form CGL endorsement” (or equivalent
coverage) and coverage on an occurrence basis against claims made for personal injury (including
bodily injury, death and property damage) and umbrella liability insurance against any and all
claims, in each case in amounts and against such risks as are customarily maintained by companies
engaged in the same or similar industry operating in the same or similar locations naming the
Collateral Agent as an additional insured, on forms reasonably satisfactory to the Collateral
Agent.

(e) Notify the Administrative Agent and the Collateral Agent promptly whenever any separate
insurance concurrent in form or contributing in the event of loss with that required to be
maintained under this Section 5.02 is taken out by any Borrower or any of its Subsidiaries; and
promptly deliver to the Administrative Agent and the Collateral Agent a duplicate original copy of
such policy or policies, or an insurance certificate with respect thereto.

(f) In connection with the covenants set forth in this Section 5.02, it is understood and
agreed that:

(i) none of the Agents, the Lenders, the Issuing Bank and their respective agents or
employees shall be liable for any loss or damage insured by the insurance policies required
to be maintained under this Section 5.02, it being understood that (A) each Borrower and the
other Loan Parties shall look solely to their insurance companies or any parties other than
the aforesaid parties for the recovery of such loss or damage and (B) such insurance
companies shall have no rights of subrogation against the Agents, the Lenders, any Issuing
Bank or their agents or employees. If, however, the insurance policies do not provide
waiver of subrogation rights against such parties, as required above, then each of the
Borrowers hereby agree, to the extent permitted by law, to waive, and to cause each of their
Subsidiaries to waive, its right of recovery, if any, against the Agents, the Lenders, any
Issuing Bank and their agents and employees; and

(ii) the designation of any form, type or amount of insurance coverage by the
Administrative Agent, the Collateral Agent under this Section 5.02 shall in no event be
deemed a representation, warranty or advice by the Administrative Agent, the Collateral
Agent or the Lenders that such insurance is adequate for the purposes of the business of the
Borrowers and their Subsidiaries or the protection of their properties.

Section 5.03 Taxes. Pay and discharge promptly when due all material Taxes,
assessments and governmental charges or levies imposed upon it or upon its income or profits or in
respect of its property, before the same shall become delinquent or in default, as well as all
lawful claims for labor, materials and supplies or otherwise that, if unpaid, might give rise to a
Lien upon such properties or any part thereof; provided, however, that such payment and discharge
shall not be required with respect to any such Tax, assessment, charge, levy or claim so long as
(a) the validity or amount thereof shall be contested in good faith by appropriate proceedings, and
the affected Borrower or the affected Subsidiary, as applicable, shall have set aside on its books
reserves in accordance with GAAP with respect thereto or (b) the aggregate amount of such Taxes,
assessments, charges, levies or claims does not exceed $5.0 million.

 

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Section 5.04 Financial Statements, Reports, etc. Furnish to the Administrative Agent
(which will promptly furnish such information to the Lenders):

(a) within 120 days after the end of the fiscal year ended December 31, 2011, and within 90
days (or such shorter period as the SEC shall specify for the filing of Annual Reports on Form
10-K) after the end of each subsequent fiscal year, a consolidated balance sheet and related
statements of operations, cash flows and owners’ equity showing the financial position of Domestic
Borrower and its Subsidiaries as of the close of such fiscal year and the consolidated results of
their operations during such year and setting forth in comparative form the corresponding figures
for the prior fiscal year, all audited by independent public accountants of recognized national
standing reasonably acceptable to the Administrative Agent and accompanied by an opinion of such
accountants (which shall not be qualified in any material respect) to the effect that such
consolidated financial statements fairly present, in all material respects, the financial position
and results of operations of Domestic Borrower and its Subsidiaries on a consolidated basis in
accordance with GAAP (it being understood that the delivery by Domestic Borrower of Annual Reports
on Form 10-K of Domestic Borrower and its consolidated Subsidiaries shall satisfy the requirements
of this Section 5.04(a) to the extent such Annual Reports include the information specified
herein).

(b) within 45 days (or such shorter period as the SEC shall specify for the filing of
Quarterly Reports on Form 10-Q) after the end of each of the first three fiscal quarters of each
fiscal year, a consolidated balance sheet and related statements of operations and cash flows
showing the financial position of Domestic Borrower and its Subsidiaries as of the close of such
fiscal quarter and the consolidated results of their operations during such fiscal quarter and the
then-elapsed portion of the fiscal year and setting forth in comparative form the corresponding
figures for the corresponding periods of the prior fiscal year, all certified by a Financial
Officer of Domestic Borrower, on behalf of Domestic Borrower, as fairly presenting, in all material
respects, the financial position and results of operations of Domestic Borrower and its
Subsidiaries on a consolidated basis in accordance with GAAP (subject to normal year-end audit
adjustments and the absence of footnotes) (it being understood that the delivery by Domestic
Borrower of Quarterly Reports on Form 10-Q of Domestic Borrower and its consolidated Subsidiaries
shall satisfy the requirements of this Section 5.04(b) to the extent such Quarterly Reports include
the information specified herein);

(c) (i) concurrently with any delivery of financial statements under (a) or (b) above, a
certificate of a Financial Officer of Domestic Borrower (A) certifying that no Event of Default or
Default has occurred or, if such an Event of Default or Default has occurred, specifying the nature
and extent thereof and any corrective action taken or proposed to be taken with respect thereto and
(B) commencing with the fiscal period ending March 31, 2011 setting forth computations in
reasonable detail satisfactory to the Administrative Agent demonstrating compliance with the
covenants contained in Sections 6.06(e), 6.10, 6.11 and 6.12 and (ii) concurrently with any
delivery of financial statements under (a) above, a certificate of the accounting firm opining on
or certifying such statements stating whether they obtained knowledge during the course of their
examination of such statements of any Default or Event of Default (which certificate may be limited
to accounting matters and disclaims responsibility for legal interpretations);

 

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(d) promptly after the same become publicly available, copies of all periodic and other
publicly available reports, proxy statements and, to the extent requested by the Administrative
Agent, other materials filed by any Borrower or any of the Subsidiaries with the SEC or distributed
to its stockholders generally, as applicable;

(e) if, as a result of any change in accounting principles and policies from those as in
effect on the Closing Date, the consolidated financial statements of Domestic Borrower and its
Subsidiaries delivered pursuant to paragraphs (a) or (b) above will differ in any material respect
from the consolidated financial statements that would have been delivered pursuant to such clauses
had no such change in accounting principles and policies been made, then, together with the first
delivery of financial statements pursuant to paragraph (a) and (b) above following such change, a
schedule prepared by a Financial Officer on behalf of Domestic Borrower reconciling such changes to
what the financial statements would have been without such changes;

(f) within 90 days after the beginning of each fiscal year, an operating and capital
expenditure budget, in form satisfactory to the Administrative Agent prepared by the Domestic
Borrower for each of the four fiscal quarters of such fiscal year prepared in reasonable detail, of
the Domestic Borrower and the Subsidiaries, accompanied by the statement of a Financial Officer of
the Domestic Borrower to the effect that, to the best of his knowledge, the budget is a reasonable
estimate for the period covered thereby;

(g) annually, upon the reasonable request of the Administrative Agent, updated Perfection
Certificates (or, to the extent such request relates to specified information contained in the
Perfection Certificates, such information) reflecting all changes since the date of the information
most recently received pursuant to this paragraph (g) or Section 5.10(d);

(h) promptly, a copy of all reports submitted to the Board of Directors (or any committee
thereof) of any Borrower or any Subsidiary in connection with any material interim or special audit
made by independent accountants of the books of any Borrower or any Subsidiary;

(i) promptly, from time to time, such other information regarding the operations, business
affairs and financial condition of any Borrower or any of the Subsidiaries, or compliance with the
terms of any Loan Document, or such consolidating financial statements, as in each case the
Administrative Agent may reasonably request (for itself or on behalf of any Lender); and

(j) promptly upon request by the Administrative Agent, copies of: (i) each Schedule B
(Actuarial Information) to the annual report (Form 5500 Series) filed with the Internal Revenue
Service with respect to a Plan; (ii) the most recent actuarial valuation report for any Plan; (iii)
all notices received from a Multiemployer Plan sponsor or a Plan sponsor or any governmental agency
concerning an ERISA Event; and (iv) such other documents or governmental reports or filings
relating to any Plan or Multiemployer Plan as the Administrative Agent shall reasonably request.

 

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Section 5.05 Litigation and Other Notices. Furnish to the Administrative Agent
written notice of the following promptly after any Responsible Officer of any Borrower obtains
actual knowledge thereof:

(a) any Event of Default or Default, specifying the nature and extent thereof and the
corrective action (if any) proposed to be taken with respect thereto;

(b) the filing or commencement of, or any written threat or written notice of intention of any
Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or
before any Governmental Authority or in arbitration, against any Borrower or any of the
Subsidiaries as to which an adverse determination is reasonably probable and which, if adversely
determined, could reasonably be expected to have a Material Adverse Effect;

(c) any other development specific to any Borrower, Subsidiary or ERISA Affiliate that is not
a matter of general public knowledge and that has had, or could reasonably be expected to have, a
Material Adverse Effect; and

(d) the occurrence of any ERISA Event, that, together with all other ERISA Events that have
occurred could reasonably be expected to have a Material Adverse Effect.

Section 5.06 Compliance with Laws. Comply with all laws, rules, regulations and
orders of any Governmental Authority applicable to it or its property (owned or leased), except
where the failure to do so, individually or in the aggregate, could not reasonably be expected to
result in a Material Adverse Effect; provided that this Section 5.06 shall not apply to
Environmental Laws, which are the subject of Section 5.09, or to laws related to Taxes, which are
the subject of Section 5.03.

Section 5.07 Maintaining Records; Access to Properties and Inspections. Maintain all
financial records in accordance with GAAP and permit any Persons designated by the Administrative
Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender to
visit and inspect the financial records and the properties of any Borrower or any of the
Subsidiaries at reasonable times, upon reasonable prior notice to such Borrower, and as often as
reasonably requested and to make extracts from and copies of such financial records, and permit any
Persons designated by the Agents or, upon the occurrence and during the continuance of an Event of
Default, any Lender upon reasonable prior notice to such Borrower to discuss the affairs, finances
and condition of such Borrower or any of the Subsidiaries with the officers thereof and independent
accountants therefor (subject to reasonable requirements of confidentiality, including requirements
imposed by law or by contract).

Section 5.08 Use of Proceeds. Use the proceeds of the Loans and the issuance of
Letters of Credit solely for the purposes described in Section 3.11.

Section 5.09 Compliance with Environmental Laws. Comply, and make commercially
reasonable efforts to cause all lessees and other Persons occupying its properties to comply, with
all Environmental Laws applicable to its operations and properties; and obtain and renew all
material authorizations and permits required pursuant to Environmental Law for its operations and
properties, in each case in accordance with Environmental Laws, except, in each case with
respect to this Section 5.09, to the extent the failure to do so could not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect.

 

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Section 5.10 Further Assurances.

(a) Execute any and all further documents, financing statements, agreements and instruments,
and take all such further actions (including the filing and recording of financing statements,
fixture filings, Mortgages and other documents and recordings of Liens in stock registries), that
may be required under any applicable law, or that the Administrative Agent may reasonably request,
to cause the Collateral and Guarantee Requirement to be and remain satisfied, all at the expense of
the applicable Loan Parties and provide to the Administrative Agent, from time to time upon
reasonable request, evidence reasonably satisfactory to the Administrative Agent as to the
perfection and priority of the Liens created or intended to be created by the Security Documents.

(b) In the case of the Domestic Borrower, grant and cause each of the Domestic Subsidiary Loan
Parties to grant to the Collateral Agent security interests and Mortgages in such Material Real
Property located in the United States of the Domestic Borrower or such Domestic Subsidiary Loan
Party as are acquired after the Closing Date and satisfy the requirements of clause (i) of the
definition of Collateral and Guarantee Requirement (other than clause (iii)) with respect to such
Material Real Properties within ninety (90) days after the date such Material Real Property is
acquired. In the case of any Foreign Borrower, grant and cause each of its respective Foreign
Subsidiary Loan Parties to grant to the Collateral Agent security interests and Mortgages in such
Material Real Property of the Foreign Borrower or such Foreign Subsidiary Loan Party as are
acquired after the Closing Date to the extent and in the manner set forth in clause (j) of the
definition of Collateral and Guarantee Requirement with respect to such Material Real Properties
within ninety (90) days after the date such Material Real Property is acquired. With respect to
each of the items identified in this clause (b) that are required to be delivered within ninety
(90) days after the date the applicable Material Real Property is acquired, the Administrative
Agent, in each case, may (in its sole discretion) extend such date.

(c) If any additional direct or indirect Subsidiary of the Domestic Borrower becomes a
Material Subsidiary or a Subsidiary Loan Party after the Closing Date within five Business Days
after the date such Subsidiary becomes a Material Subsidiary or a Subsidiary Loan Party, notify the
Administrative Agent and the Lenders thereof and, within sixty (60) Business Days after the date
such Subsidiary becomes a Material Subsidiary or a Subsidiary Loan Party, cause the Collateral and
Guarantee Requirement to be satisfied with respect to such Subsidiary and with respect to any
Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party.

(d) In the case of any Loan Party, (i) furnish to the Collateral Agent prompt written notice
of any change (A) in such Loan Party’s corporate or organization name, (B) in such Loan Party’s
identity or organizational structure or (C) in such Loan Party’s organizational identification
number; provided that no Loan Party shall effect or permit any such change unless all filings have
been made, or will have been made within any statutory period, under the UCC or otherwise that are
required in order for the Collateral Agent to continue at all times following such change to have a
valid, legal and perfected security interest in all the Collateral for the
benefit of the Secured Parties and (ii) promptly notify the Administrative Agent if any
material portion of the Collateral is damaged or destroyed.

 

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(e) The Collateral and Guarantee Requirement and the other provisions of this Section 5.10
need not be satisfied if such action would violate Section 9.23. In addition, the Collateral and
Guarantee Requirement and the other provisions of this Section 5.10 need not be satisfied with
respect to (i) any Equity Interests acquired after the Closing Date in accordance with this
Agreement if, and to the extent that, and for so long as (A) doing so would violate applicable law
or a contractual obligation binding on such Equity Interests, (B) such law or obligation existed at
the time of the acquisition thereof and was not created or made binding on such Equity Interests in
contemplation of or in connection with the acquisition of such Subsidiary (provided that the
foregoing clause (B) shall not apply in the case of a joint venture, including a joint venture that
is a Subsidiary) and (C) such violation of a contractual obligation is not rendered invalid by the
relevant provisions of the UCC or for which a waiver has been obtained, (ii) any assets acquired
after the Closing Date, to the extent that, and for so long as, taking such actions would violate a
contractual obligation binding on such assets that existed at the time of the acquisition thereof
and was not created or made binding on such assets in contemplation or in connection with the
acquisition of such assets (except in the case of assets acquired with Indebtedness permitted
pursuant to Section 6.01(i) that is secured by a Lien permitted pursuant to Section 6.02(i)) or
(iii) any Equity Interests in or any asset of a Foreign Subsidiary if the Domestic Borrower
demonstrates to the Collateral Agent and the Collateral Agent determines (in its reasonable
discretion) that the cost of the satisfaction of the Collateral and Guarantee Requirement of this
Section 5.10 with respect thereto exceeds the value of the security offered thereby; provided that,
upon the reasonable request of the Collateral Agent, the Domestic Borrower shall, and shall cause
any applicable Subsidiary to, use commercially reasonable efforts to have waived or eliminated any
contractual obligation of the types described in clauses (i) and (ii) above, other than those set
forth in a joint venture agreement to which the Domestic Borrower or any Subsidiary is a party.

Section 5.11 Fiscal Year. In the case of the Domestic Borrower and the Subsidiaries,
cause their fiscal year to end on December 31.

Section 5.12 Proceeds of Certain Dispositions. If, as a result of the receipt of any
cash proceeds by any Borrower or any Subsidiary in connection with any sale, transfer, lease or
other disposition of any asset, including any Equity Interest, the Domestic Borrower would be
required by the terms of the 2014 Senior Subordinated Note Indenture or the 2021 Senior
Subordinated Notes Indenture to make an offer to purchase any 2014 Senior Subordinated Notes or the
2012 Senior Subordinated Notes, as applicable, then, in the case of a Borrower or a Subsidiary,
prior to the first day on which the Domestic Borrower would be required to commence such an offer
to purchase, (i) prepay Loans in accordance with Section 2.12 or (ii) acquire assets, Equity
Interests or other securities in a manner that is permitted by Section 6.04 or Section 6.05, in
each case in a manner that will eliminate any such requirement to make such an offer to purchase.

Section 5.13 Post-Closing Matters. Execute and deliver the documents and complete the
tasks set forth in the definition of “Collateral and Guarantee Requirement,” in each case within
the time periods specified therein (including any extension of such time periods permitted by the
Administrative Agent pursuant to paragraph (k) of the definition of “Collateral and
Guarantee Requirement”) and on Schedule 5.13; provided, however, that the
Administrative Agent may extend each of the dates set forth on Schedule 5.13 in its sole
discretion.

 

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ARTICLE VI

NEGATIVE COVENANTS

Each of the Borrowers covenants and agrees with each Lender that, so long as this Agreement
shall remain in effect and until the Commitments have been terminated and the principal of and
interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document
have been paid in full and all Letters of Credit have been canceled or have expired and all amounts
drawn thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent
in writing, none of the Borrowers will, or will cause or permit any of their Subsidiaries to:

Section 6.01 Indebtedness. Incur, create, assume or permit to exist any Indebtedness,
except:

(a) Indebtedness existing on the Closing Date and set forth on Schedule 6.01 and any
Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness (other than intercompany
Indebtedness Refinanced with Indebtedness owed to a Person not affiliated with the Domestic
Borrower or any Subsidiary);

(b) Indebtedness created hereunder and under the other Loan Documents;

(c) Indebtedness of the Domestic Borrower and the Subsidiaries pursuant to Swap Agreements
permitted by Section 6.13;

(d) Indebtedness owed to (including obligations in respect of letters of credit or bank
guarantees or similar instruments for the benefit of) any Person providing workers’ compensation,
health, disability or other employee benefits or property, casualty or liability insurance to the
Domestic Borrower or any Subsidiary, pursuant to reimbursement or indemnification obligations to
such Person, provided that upon the incurrence of Indebtedness with respect to reimbursement
obligations regarding workers’ compensation claims, such obligations are reimbursed not later than
30 days following such incurrence;

(e) Indebtedness of any Borrower or any Subsidiary to the extent permitted by Section 6.04,
provided that Indebtedness of any Loan Party to any Subsidiary that is not a Loan Party (the
“Subordinated Intercompany Debt”) shall be subordinated to the Obligations on terms
reasonably satisfactory to the Administrative Agent;

(f) Indebtedness in respect of performance bonds, warranty bonds, bid bonds, appeal bonds,
surety bonds and completion or performance guarantees and similar obligations, in each case
provided in the ordinary course of business, including those incurred to secure health, safety and
environmental obligations in the ordinary course of business and Indebtedness arising out of
advances on exports, advances on imports, advances on trade receivables, customer prepayments and
similar transactions in the ordinary course of business and consistent with past practice;

 

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(g) Indebtedness arising from the honoring by a bank or other financial institution of a
check, draft or similar instrument drawn against insufficient funds in the ordinary course of
business or other cash management services in the ordinary course of business, provided that (i)
such Indebtedness (other than credit or purchase cards) is extinguished within three Business Days
of its incurrence and (ii) such Indebtedness in respect of credit or purchase cards is extinguished
within 60 days from its incurrence;

(h) (i) Indebtedness of a Subsidiary acquired after the Closing Date or a Person merged into
or consolidated with a Borrower or any Subsidiary after the Closing Date and Indebtedness assumed
in connection with the acquisition of assets, which Indebtedness in each case, exists at the time
of such acquisition, merger or consolidation and is not created in contemplation of such event and
where such acquisition, merger or consolidation is permitted by this Agreement and (ii) any
Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness, provided that the
aggregate principal amount of such Indebtedness at the time of, and after giving effect to, such
acquisition, merger or consolidation, such assumption or such incurrence, as applicable (together
with Indebtedness outstanding pursuant to this paragraph (h), paragraph (i) of this Section 6.01
and the Remaining Present Value of outstanding leases permitted under Section 6.03), would not
exceed 5.00% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to
the date of such acquisition, merger or consolidation, such assumption or such incurrence, as
applicable, for which financial statements have been delivered pursuant to Section 5.04;

(i) Capital Lease Obligations, mortgage financings and purchase money Indebtedness incurred by
the Domestic Borrower or any Subsidiary prior to or within 270 days after the acquisition, lease or
improvement of the respective asset permitted under this Agreement in order to finance such
acquisition or improvement, and any Permitted Refinancing Indebtedness in respect thereof, in an
aggregate principal amount that at the time of, and after giving effect to, the incurrence thereof
(together with Indebtedness outstanding pursuant to paragraph (h) of this Section 6.01, this
paragraph (i) and the Remaining Present Value of leases permitted under Section 6.03) would not
exceed 5.00% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to
the date of such incurrence for which financial statements have been delivered pursuant to Section
5.04;

(j) Capital Lease Obligations incurred by the Domestic Borrower or any Subsidiary in respect
of any Sale and Lease-Back Transaction that is permitted under Section 6.03;

(k) other Indebtedness, in an aggregate principal amount at any time outstanding pursuant to
this paragraph (k) not in excess of $40.0 million;

(l) Indebtedness of the Domestic Borrower pursuant to (i) the 2014 Senior Subordinated Notes
and (ii) the 2021 Senior Subordinated Notes and any Permitted Refinancing Indebtedness incurred to
Refinancing such Indebtedness in the form of Permitted Subordinated Debt Securities;

 

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(m) Guarantees (i) by the Loan Parties of the Indebtedness of the Domestic Borrower described
in paragraph (l), (ii) by any Loan Party of any Indebtedness of any Borrower
or any Loan Party expressly permitted to be incurred under this Agreement, (iii) by any
Borrower or any Subsidiary of Indebtedness otherwise expressly permitted hereunder of any Borrower
or any Subsidiary that is not a Loan Party to the extent permitted by Section 6.04, (iv) by any
Subsidiary that is not a Loan Party of Indebtedness of another Subsidiary that is not a Loan Party;
provided that all Foreign Subsidiaries may guarantee obligations of other Foreign Subsidiaries
under ordinary course cash management obligations, and (v) by any Borrower of Indebtedness of
Foreign Subsidiaries so long as such Indebtedness is permitted to be incurred under Section
6.01(a), (k) or (s); provided that Guarantees by any Loan Party under this Section 6.01(m) of any
other Indebtedness of a Person that is subordinated to other Indebtedness of such Person shall be
expressly subordinated to the Obligations on terms consistent with those used, or to be used, for
Subordinated Intercompany Debt;

(n) Indebtedness arising from agreements of the Domestic Borrower or any Subsidiary providing
for indemnification, adjustment of purchase price, earn outs or similar obligations, in each case,
incurred or assumed in connection with the disposition of any business, assets or a Subsidiary,
other than Guarantees of Indebtedness incurred by any Person acquiring all or any portion of such
business, assets or a Subsidiary for the purpose of financing such acquisition;

(o) Indebtedness in connection with Permitted Receivables Financings;

(p) Indebtedness in respect of letters of credit or bank guarantees (other than Letters of
Credit issued pursuant to Section 2.05) having an aggregate face amount not in excess of $350.0
million;

(q) Indebtedness supported by a Letter of Credit, in a principal amount not in excess of the
stated amount of such Letter of Credit;

(r) Indebtedness of Foreign Subsidiaries that are not Foreign Loan Parties (including letters
of credit or bank guarantees (other than Letters of Credit issued pursuant to Section 2.05)), in an
aggregate amount not to exceed the lesser of $150.0 million and 6.5% of Consolidated Total Assets
outstanding at any time;

(s) [Reserved];

(t) all premium (if any), interest (including post-petition interest), fees, expenses, charges
and additional or contingent interest on obligations described in paragraphs (a) through (s) above;

(u) other unsecured Indebtedness of the Domestic Borrower or any Domestic Subsidiary Loan
Party; provided that after giving pro forma effect to the incurrence of such Indebtedness and the
concurrent repayment of any Indebtedness with the proceeds thereof, the Domestic Borrower would be
in compliance with Section 6.11 and 6.12; and

(v) Indebtedness assumed in connection with the acquisition of Target in an aggregate
principal amount not to exceed $275.0 million and any Permitted Refinancing Indebtedness incurred
to Refinance such Indebtedness.

 

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Section 6.02 Liens. Create, incur, assume or permit to exist any Lien on any property
or assets (including stock or other securities of any Person, including any Subsidiary) at the time
owned by it or on any income or revenues or rights in respect of any thereof, except:

(a) Liens on property or assets of the Domestic Borrower and the Subsidiaries existing on the
Closing Date and set forth on Schedule 6.02(a); provided that such Liens shall secure only
those obligations that they secure on the Closing Date (and extensions, renewals and refinancings
of such obligations permitted by Section 6.01(a)) and shall not subsequently apply to any other
property or assets of the Domestic Borrower or any Subsidiary;

(b) any Lien created under the Loan Documents or permitted in respect of any Mortgaged
Property by the terms of the applicable Mortgage;

(c) any Lien on any property or asset of the Domestic Borrower or any Subsidiary securing
Indebtedness or Permitted Refinancing Indebtedness permitted by Section 6.01(h), provided that (i)
such Lien does not apply to any other property or assets of the Domestic Borrower or any of the
Subsidiaries not securing such Indebtedness at the date of the acquisition of such property or
asset (other than after-acquired property subjected to a Lien securing Indebtedness and other
obligations incurred prior to such date and which Indebtedness and other obligations are permitted
hereunder that require a pledge of after-acquired property, it being understood that such
requirement shall not be permitted to apply to any property to which such requirement would not
have applied but for such acquisition), (ii) such Lien is not created in contemplation of or in
connection with such acquisition and (iii) in the case of a Lien securing Permitted Refinancing
Indebtedness, such Lien is permitted in accordance with clause (e) of the definition of the term
“Permitted Refinancing Indebtedness”;

(d) Liens for Taxes, assessments or other governmental charges or levies not yet delinquent or
that are being contested in compliance with Section 5.03;

(e) Liens imposed by law (including, without limitation, Liens in favor of customers for
equipment under order or in respect of advances paid in connection therewith) such as landlord’s,
carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s, construction or other like Liens
arising in the ordinary course of business and securing obligations that are not overdue by more
than 60 days or that are being contested in good faith by appropriate proceedings and in respect of
which, if applicable, the Domestic Borrower or any Subsidiary shall have set aside on its books
reserves in accordance with GAAP;

(f) (i) pledges and deposits made in the ordinary course of business in compliance with the
Federal Employers Liability Act or any other workers’ compensation, unemployment insurance and
other social security laws or regulations and deposits securing liability to insurance carriers
under insurance or self-insurance arrangements in respect of such obligations and (ii) pledges and
deposits securing liability for reimbursement or indemnification obligations of (including
obligations in respect of letters of credit or bank guarantees for the benefit of) insurance
carriers providing property, casualty or liability insurance to the Domestic Borrower or any
Subsidiary;

 

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(g) deposits to secure the performance of bids, trade contracts (other than for Indebtedness),
leases (other than Capital Lease Obligations), statutory obligations, surety and appeal bonds,
performance and return of money bonds, warranty bonds, bids, leases, government contracts, trade
contracts, completion or performance guarantees and other obligations of a like nature incurred in
the ordinary course of business, including those incurred to secure health, safety and
environmental obligations in the ordinary course of business;

(h) zoning restrictions, easements, trackage rights, leases (other than Capital Lease
Obligations), licenses, special assessments, rights-of-way, restrictions on use of real property
and other similar encumbrances incurred in the ordinary course of business that do not render title
unmarketable and that, in the aggregate, do not interfere in any material respect with the ordinary
conduct of the business of the Domestic Borrower or any Subsidiary or would result in a Material
Adverse Effect;

(i) purchase money security interests in equipment or other property or improvements thereto
hereafter acquired (or, in the case of improvements, constructed) by the Domestic Borrower or any
Subsidiary (including the interests of vendors and lessors under conditional sale and title
retention agreements); provided that (i) such security interests secure Indebtedness permitted by
Section 6.01(i) (including any Permitted Refinancing Indebtedness in respect thereof), (ii) such
security interests are incurred, and the Indebtedness secured thereby is created, within 270 days
after such acquisition (or construction), (iii) the Indebtedness secured thereby does not exceed
100% of the cost of such equipment or other property or improvements at the time of such
acquisition (or construction), including transaction costs incurred by the Domestic Borrower or any
Subsidiary in connection with such acquisition (or construction) and (iv) such security interests
do not apply to any other property or assets of the Domestic Borrower or any Subsidiary (other than
to accessions to such equipment or other property or improvements); provided further that
individual financings of equipment provided by a single lender may be cross-collateralized to other
financings of equipment provided solely by such lender;

(j) Liens arising out of capitalized lease transactions permitted under Section 6.03, so long
as such Liens attach only to the property sold and being leased in such transaction and any
accessions thereto or proceeds thereof and related property;

(k) Liens securing judgments that do not constitute an Event of Default under Section 7.01(j);

(l) other Liens with respect to property or assets of the Domestic Borrower or any Subsidiary
not constituting Collateral for the Obligations with an aggregate fair market value (valued at the
time of creation thereof) of not more than $40.0 million at any time;

(m) Liens disclosed by the title insurance policies and any replacement, extension or renewal
of any such Lien; provided that such replacement, extension or renewal Lien shall not cover any
property other than the property that was subject to such Lien prior to such replacement, extension
or renewal; provided further that the Indebtedness and other obligations secured by such
replacement, extension or renewal Lien are permitted by this Agreement;

 

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(n) Liens in respect of Permitted Receivables Financings;

(o) any interest or title of, or Liens created by, a lessor under any leases or subleases
entered into by the Domestic Borrower or any Subsidiary, as tenant, in the ordinary course of
business;

(p) Liens that are contractual rights of set-off (i) relating to the establishment of
depository relations with banks not given in connection with the issuance of Indebtedness, (ii)
relating to pooled deposit or sweep accounts of the Domestic Borrower or any Subsidiary to permit
satisfaction of overdraft or similar obligations incurred in the ordinary course of business of the
Domestic Borrower and the Subsidiaries or (iii) relating to purchase orders and other agreements
entered into with customers of the Domestic Borrower or any Subsidiary in the ordinary course of
business;

(q) Liens arising solely by virtue of any statutory or common law provision relating to
banker’s liens, rights of set-off or similar rights;

(r) Liens securing obligations in respect of trade-related letters of credit permitted under
Section 6.01(f) or (p) and covering the goods (or the documents of title in respect of such goods)
financed by such letters of credit and the proceeds and products thereof;

(s) licenses of intellectual property granted in the ordinary course of business;

(t) Liens in favor of customs and revenue authorities arising as a matter of law to secure
payment of customs duties in connection with the importation of goods;

(u) Liens on the assets of a Foreign Subsidiary that do not constitute Collateral and which
secure Indebtedness of such Foreign Subsidiary that is not otherwise secured by a Lien on the
Collateral under the Loan Documents and that is permitted to be incurred under Section 6.01(a) or
(k);

(v) Liens upon specific items of inventory or other goods and proceeds of the Domestic
Borrower or any of the Subsidiaries securing such Person’s obligations in respect of bankers’
acceptances issued or created for the account of such Person to facilitate the purchase, shipment
or storage of such inventory or other goods;

(w) Liens solely on any cash earnest money deposits made by the Domestic Borrower or any of
the Subsidiaries in connection with any letter of intent or purchase agreement permitted hereunder;

(x) Liens arising from precautionary Uniform Commercial Code financing statement filings
regarding operating leases entered into by the Domestic Borrower or any of the Subsidiaries in the
ordinary course of business;

(y) Liens securing insurance premium financing arrangements in an aggregate principal amount
not to exceed 1% of Consolidated Total Assets, provided that such Lien is limited to the applicable
insurance contracts;

 

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(z) Liens on the assets of a Foreign Subsidiary which secure Indebtedness of such Foreign
Subsidiary that is permitted to be incurred under Section 6.01(p), (r) or (v); provided, however,
that if such Liens are on assets that constitute Collateral, such Liens may be pari passu with, but
not prior to, the Liens granted in favor of the Collateral Agent under the Collateral Agreements
unless such Liens secure letters of credit or bank guarantees and such assets constitute the rights
of such Foreign Subsidiary under the contracts and agreements in respect of which such Indebtedness
was incurred; and

(aa) Liens on inventory in favor of customers up to the amount of such customer’s progress
payments that are netted in determining the net inventory balance in accordance with GAAP.

Notwithstanding the foregoing, no Liens shall be permitted to exist, directly or indirectly,
on (1) Pledged Collateral, other than Liens in favor of the Collateral Agent and Liens permitted by
Section 6.02(d), (e), (q) or (z), or (2) Mortgaged Property, in each case, other than Liens in
favor of the Collateral Agent, Prior Liens and Permitted Encumbrances.

Section 6.03 Sale and Lease-Back Transactions. Enter into any arrangement, directly
or indirectly, with any Person whereby it shall sell or transfer any property, real or personal,
used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or
lease such property or other property that it intends to use for substantially the same purpose or
purposes as the property being sold or transferred (a “Sale and Lease-Back Transaction”),
provided that a Sale and Lease-Back Transaction shall be permitted so long as at the time the lease
in connection therewith is entered into, and after giving effect to the entering into of such
Lease, the Remaining Present Value of such lease (together with Indebtedness outstanding pursuant
to paragraphs (h) and (i) of Section 6.01 and the Remaining Present Value of outstanding leases
previously entered into under this Section 6.03) would not exceed 5.00% of Consolidated Total
Assets as of the end of the fiscal quarter immediately prior to the date such lease is entered into
for which financial statements have been delivered pursuant to Section 5.04.

Section 6.04 Investments, Loans and Advances. Purchase, hold or acquire (including
pursuant to any merger with a Person that is not a Wholly Owned Subsidiary immediately prior to
such merger) any Equity Interests, evidences of Indebtedness or other securities of, make or permit
to exist any loans or advances (other than intercompany current liabilities incurred in the
ordinary course of business in connection with the cash management operations of the Domestic
Borrower and the Subsidiaries) to or Guarantees of the obligations of, or make or permit to exist
any investment or any other interest in (each, an “Investment”), in any other Person,
except:

(a) Investments other than those disclosed on Schedule 6.04 (including, but not
limited to, Investments in Equity Interests, intercompany loans, and Guarantees of Indebtedness
otherwise expressly permitted hereunder) after the Closing Date by (i) Loan Parties in Subsidiaries
that are not Loan Parties in an aggregate amount (valued at the time of the making thereof and
without giving effect to any write-downs or write-offs thereof) not to exceed an amount equal to
$250.0 million (plus any return of capital actually received by the respective investors in respect
of investments previously made by them pursuant to this paragraph (a)(i)), (ii) Domestic Loan
Parties in Foreign Loan Parties in an aggregate amount (valued at the time of the making thereof
and without giving effect to any write downs or write offs thereof) not to
exceed $150.0 million (plus any return of capital actually received by the respective
investors in respect of investments previously made by them pursuant to this paragraph (a)(ii)),
(iii) Domestic Loan Parties in other Domestic Loan Parties, (iv) Foreign Loan Parties in other
Foreign Loan Parties, (v) Subsidiaries that are not Loan Parties in Loan Parties and (vi) Domestic
Loan Parties or the French Borrower or its Subsidiaries in Dresser-Rand International, B.V. not to
exceed $40 million (plus any return of capital actually received by the respective investors in
respect of investments previously made by them pursuant to this paragraph (a)(ii)).

 

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(b) Permitted Investments and investments that were Permitted Investments when made;

(c) Investments arising out of the receipt by the Domestic Borrower or any Subsidiary of
non-cash consideration for the sale of assets permitted under Section 6.05;

(d) (i) loans and advances to employees of the Domestic Borrower or any Subsidiary in the
ordinary course of business not to exceed $2.5 million in the aggregate at any time outstanding
(calculated without regard to write-downs or write-offs thereof) and (ii) advances of payroll
payments and expenses to employees in the ordinary course of business;

(e) accounts receivable arising and trade credit granted in the ordinary course of business
and any securities received in satisfaction or partial satisfaction thereof from financially
troubled account debtors to the extent reasonably necessary in order to prevent or limit loss and
any prepayments and other credits to suppliers made in the ordinary course of business;

(f) Swap Agreements permitted pursuant to Section 6.13 and Capital Expenditures permitted
pursuant to Section 6.10;

(g) Investments existing on the Closing Date and set forth on Part I of Schedule 6.04
and Investments set forth on Part II of Schedule 6.04;

(h) Investments resulting from pledges and deposits referred to in Sections 6.02(f) and (g);

(i) other Investments by the Domestic Borrower or any Subsidiary in an aggregate amount
(valued at the time of the making thereof, and without giving effect to any write-downs or
write-offs thereof) not to exceed $25.0 million (plus any returns of capital actually received by
the respective investor in respect of investments theretofore made by it pursuant to this paragraph
(i));

(j) Investments constituting Permitted Business Acquisitions;

(k) additional Investments may be made from time to time to the extent made with proceeds of
Equity Interests of the Domestic Borrower, which proceeds or Investments in turn are contributed
(as common equity) to any Loan Party;

(l) Investments (including, but not limited to, Investments in Equity Interests, intercompany
loans, and Guarantees of Indebtedness otherwise expressly permitted hereunder)
after the Closing Date by Subsidiaries that are not Loan Parties in any Loan Party or other
Subsidiary;

 

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(m) Investments arising as a result of Permitted Receivables Financings;

(n) the Transactions;

(o) Investments received in connection with the bankruptcy or reorganization of, or settlement
of delinquent accounts and disputes with or judgments against, customers and suppliers, in each
case in the ordinary course of business;

(p) Investments of a Subsidiary acquired after the Closing Date or of a corporation merged
into any Borrower or merged into or consolidated with a Subsidiary in accordance with Section 6.05
after the Closing Date to the extent that such Investments were not made in contemplation of or in
connection with such acquisition, merger or consolidation and were in existence on the date of such
acquisition, merger or consolidation;

(q) Guarantees by the Domestic Borrower or any Subsidiary of operating leases (other than
Capital Lease Obligations) or of other obligations that do not constitute Indebtedness, in each
case entered into by any Subsidiary in the ordinary course of business;

(r) [Reserved];

(s) Investments in Subsidiaries or joint ventures after the Closing Date not to exceed $250.0
million, other than those investments disclosed in writing on Schedule 6.04; and

(t) the Domestic Borrower may make Investments (including by way of intercompany loans and
contributions of Equity Interests of the Borrower to a newly formed Foreign Subsidiary in an amount
not to exceed the purchase price payable under the Target Acquisition Agreement and the
contribution of the Equity Interests of such newly formed Foreign Subsidiary to one or more Foreign
Subsidiaries) in connection with the acquisition of the Target.

Section 6.05 Mergers, Consolidations, Sales of Assets and Acquisitions. Merge into or
consolidate with any other Person, or permit any other Person to merge into or consolidate with it,
or sell, transfer, lease or otherwise dispose of (in one transaction or in a series of
transactions) all or any part of its assets (whether now owned or hereafter acquired), or issue,
sell, transfer or otherwise dispose of any Equity Interests of any Borrower or any Subsidiary or
preferred equity interests of the Domestic Borrower, or purchase, lease or otherwise acquire (in
one transaction or a series of transactions) all or any substantial part of the assets of any other
Person, except that this Section shall not prohibit:

(a) (i) the sale of inventory, supplies, materials and equipment and the purchase and sale of
contract rights or licenses or leases of intellectual property, in each case in the ordinary course
of business by the Domestic Borrower or any Subsidiary, (ii) the sale of any other asset in the
ordinary course of business by the Domestic Borrower or any Subsidiary, (iii) the sale of surplus,
obsolete or worn out equipment or other property in the ordinary course of
business by the Domestic Borrower or any Subsidiary or (iv) the sale of Permitted Investments
in the ordinary course of business;

 

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(b) if at the time thereof and immediately after giving effect thereto no Event of Default
shall have occurred and be continuing, (i) the merger of any Subsidiary into any Borrower in a
transaction in which such Borrower is the surviving corporation, (ii) the merger or consolidation
of any Subsidiary into or with any Loan Party in a transaction in which the surviving or resulting
entity is a Loan Party and, in the case of each of clauses (i) and (ii), no Person other than such
Borrower or a Loan Party receives any consideration, (iii) the merger or consolidation of any
Subsidiary that is not a Loan Party into or with any other Subsidiary that is not a Loan Party or
(iv) the liquidation or dissolution (other than the Borrowers) or change in form of entity of the
Domestic Borrower or any Subsidiary if the Domestic Borrower determines in good faith that such
liquidation or dissolution is in the best interests of the Domestic Borrower and is not materially
disadvantageous to the Lenders;

(c) sales, transfers, leases or other dispositions to the Domestic Borrower or a Subsidiary
(upon voluntary liquidation or otherwise); provided that any sales, transfers, leases or other
dispositions by a Loan Party to a Subsidiary that is not a Loan Party shall be made in compliance
with Section 6.07; provided further that the aggregate gross proceeds of any sales, transfers,
leases or other dispositions by a Loan Party to a Subsidiary that is not a Loan Party in reliance
upon this paragraph (c) and the aggregate gross proceeds of any or all assets sold, transferred or
leased in reliance upon paragraph (h) below shall not exceed the amounts permitted to be invested
in such entities pursuant to Section 6.04;

(d) Sale and Lease-Back Transactions permitted by Section 6.03;

(e) Investments permitted by Section 6.04, Liens permitted by Section 6.02 and Dividends
permitted by Section 6.06;

(f) the purchase and sale or other transfer (including by capital contribution) of Receivables
Assets pursuant to Permitted Receivables Financings;

(g) the sale of defaulted receivables in the ordinary course of business and not as part of an
accounts receivables financing transaction;

(h) sales, transfers, leases or other dispositions of assets not otherwise permitted by this
Section 6.05; provided that the aggregate gross proceeds (including non-cash proceeds) of any or
all assets sold, transferred, leased or otherwise disposed of in reliance upon this paragraph (h)
and in reliance upon the second proviso to paragraph (c) above shall not exceed, in any fiscal year
of the Domestic Borrower, 5.00% of Consolidated Total Assets as of the end of the immediately
preceding fiscal year;

(i) any merger or consolidation in connection with a Permitted Business Acquisition, provided
that following any such merger or consolidation (i) involving any Borrower, such Borrower is the
surviving corporation, (ii) involving a domestic Subsidiary, the surviving or resulting entity
shall be a domestic Loan Party that is a Wholly Owned Subsidiary and (iii) involving a Foreign
Subsidiary, the surviving or resulting entity shall be a Foreign Subsidiary Loan Party that is a
Wholly Owned Subsidiary;

 

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(j) licensing and cross-licensing arrangements involving any technology or other intellectual
property of any Borrower or any Subsidiary in the ordinary course of business; and

(k) sales, leases or other dispositions of inventory of the Domestic Borrower and its
Subsidiaries determined by the management of any Borrower to be no longer useful or necessary in
the operation of the business of the Domestic Borrower or any of the Subsidiaries.

Notwithstanding anything to the contrary contained in Section 6.05 above, (i) the Domestic
Borrower shall at all times own, directly or indirectly, at least 85% of the Equity Interests of
each other Borrower, in each case, free and clear of any Liens other than the Liens created by the
Security Documents, (ii) no sale, transfer or other disposition of assets shall be permitted by
this Section 6.05 (other than sales, transfers, leases or other dispositions to Loan Parties
pursuant to paragraph (c) hereof and purchases, sales or transfers pursuant to paragraph (f)
hereof) unless such disposition is for fair market value, (iii) no sale, transfer or other
disposition of assets shall be permitted by paragraph (a), (d), (f) or (k) of this Section 6.05
unless such disposition is for at least 75% cash consideration and (vii) no sale, transfer or other
disposition of assets in excess of $10.0 million shall be permitted by paragraph (h) of this
Section 6.05 unless such disposition is for at least 75% cash consideration; provided that for
purposes of clauses (ii) and (iii), the amount of any secured Indebtedness or other Indebtedness of
a Subsidiary that is not a Loan Party (as shown on the Domestic Borrower’s or such Subsidiary’s
most recent balance sheet or in the notes thereto) of the Domestic Borrower or any Subsidiary of
the Domestic Borrower that is assumed by the transferee of any such assets shall be deemed cash.

Section 6.06 Dividends and Distributions. Declare or pay, directly or indirectly, any
dividend or make any other distribution (by reduction of capital or otherwise), whether in cash,
property, securities or a combination thereof, with respect to any of its Equity Interests (other
than dividends and distributions on Equity Interests payable solely by the issuance of additional
shares of Equity Interests of the Person paying such dividends or distributions) or directly or
indirectly redeem, purchase, retire or otherwise acquire for value (or permit any Subsidiary to
purchase or acquire) any shares of any class of its Equity Interests or set aside any amount for
any such purpose; provided, however, that:

(a) any Subsidiary of the Domestic Borrower may declare and pay dividends to, repurchase its
Equity Interests from or make other distributions to, the Domestic Borrower or to any Wholly Owned
Subsidiary of the Domestic Borrower (or, in the case of non-Wholly Owned Subsidiaries, to the
Domestic Borrower or any Subsidiary that is a direct or indirect parent of such Subsidiary and to
each other owner of Equity Interests of such Subsidiary on a pro rata basis (or more favorable
basis from the perspective of the Domestic Borrower or such Subsidiary) based on their relative
ownership interests);

 

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(b) the Domestic Borrower and each Subsidiary may repurchase, redeem or otherwise acquire or
retire for value any Equity Interests of the Domestic Borrower or any Subsidiary held by any
current or former officer, director, consultant or employee of the Domestic Borrower or any
Subsidiary pursuant to any equity subscription agreement, stock option agreement, shareholders’ or
members’ agreement or similar agreement, plan or
arrangement or any Plan and Subsidiaries may declare and pay dividends to the Domestic
Borrower or any other Subsidiary the proceeds of which are used for such purposes, provided that
the aggregate amount of such purchases or redemptions under this paragraph (b) shall not exceed
$15.0 million (plus the amount of net proceeds (i) received by the Domestic Borrower during such
calendar year from sales of Equity Interests of the Domestic Borrower to directors, consultants,
officers or employees of the Domestic Borrower or any Subsidiary in connection with permitted
employee compensation and incentive arrangements and (ii) of any key-man life insurance policies
recorded during such calendar year) which, if not used in any year, may be carried forward to any
subsequent calendar year;

(c) non-cash repurchases of Equity Interests deemed to occur upon exercise of stock options if
such Equity Interests represent a portion of the exercise price of such options;

(d) [Reserved];

(e) the Domestic Borrower may pay cash dividends and/or repurchase, redeem or otherwise
acquire or retire for value any Equity Interests of the Domestic Borrower, provided that the
aggregate amount of such dividends, repurchases or redemptions shall not exceed the sum of (i)
$200.0 million and (ii) fifty percent (50%) of the Net Income of the Domestic Borrower for the
period commencing January 1, 2010 and ending on the last day of the most recently ended fiscal
quarter for which financial statements have been delivered pursuant to Section 5.04(a) or (b);

(f) the Domestic Borrower may make distributions to its members of management that hold Equity
Interests of the Domestic Borrower in respect of such Equity Interests in an aggregate amount not
to exceed in any fiscal year, together with such amounts permitted under Section 6.06(e) for such
fiscal year, $3.0 million; and

(g) the Domestic Borrower may repurchase, redeem or otherwise acquire or retire for value any
Equity Interests of the Domestic Borrower up to (i) $130.0 million in respect of a share repurchase
program and (ii) 5 million shares of the Domestic Borrower in connection with the acquisition of
the Target (provided that if the acquisition of the Target is not consummated, the repurchases,
redemptions, acquisitions or retirements for value of such shares undertaken pursuant to this
clause (ii) shall nevertheless be permitted).

Section 6.07 Transactions with Affiliates.

(a) Sell or transfer any property or assets to, or purchase or acquire any property or assets
from, or otherwise engage in any other transaction with, any of its Affiliates, unless such
transaction is (i) otherwise permitted (or required) under this Agreement (including in connection
with any Permitted Receivables Financing) or (ii) upon terms no less favorable to the Domestic
Borrower or such Subsidiary, as applicable, than would be obtained in a comparable arm’s-length
transaction with a Person that is not an Affiliate; provided that this clause (ii) shall not apply
to the indemnification of directors of the Domestic Borrower and the Subsidiaries in accordance
with customary practice.

 

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(b) The foregoing paragraph (a) shall not prohibit, to the extent otherwise permitted under
this Agreement,

(i) any issuance of securities, or other payments, awards or grants in cash, securities
or otherwise pursuant to, or the funding of, employment arrangements, stock options, stock
ownership plans and the granting and performance of registration rights approved by the
Board of Directors of the Domestic Borrower,

(ii) transactions among the Borrowers and the Loan Parties and transactions among the
non-Loan Parties otherwise permitted by this Agreement,

(iii) any indemnification agreement or any similar arrangement entered into with
directors, officers, consultants and employees of the Domestic Borrower and the Subsidiaries
in the ordinary course of business and the payment of fees and indemnities to directors,
officers, consultants and employees of the Domestic Borrower and the Subsidiaries in the
ordinary course of business,

(iv) transactions pursuant to permitted agreements in existence on the Closing Date and
set forth on Schedule 6.07 or any amendment thereto to the extent such amendment is
not adverse to the Lenders in any material respect,

(v) any employment agreement or employee benefit plan entered into by the Domestic
Borrower or any of the Subsidiaries in the ordinary course of business or consistent with
past practice and payments pursuant thereto,

(vi) transactions otherwise permitted under Section 6.04 and Section 6.06,

(vii) any contribution by the Domestic Borrower to, or purchase by the Domestic
Borrower of, the equity capital of any Borrower; provided that any Equity Interests of any
Borrower purchased by the Domestic Borrower shall be pledged to the Collateral Agent on
behalf of the Lenders pursuant to the applicable Collateral Agreement,

(viii) [Reserved]

(ix) transactions with any Affiliate for the purchase or sale of goods, products, parts
and services entered into in the ordinary course of business in a manner consistent with
past practice,

(x) any transaction in respect of which the Domestic Borrower delivers to the
Administrative Agent (for delivery to the Lenders) a letter addressed to the Board of
Directors of the Domestic Borrower from an accounting, appraisal or investment banking firm,
in each case of nationally recognized standing that is (A) in the good faith determination
of the Domestic Borrower qualified to render such letter and (B) reasonably satisfactory to
the Administrative Agent, which letter states that such transaction is on terms that are no
less favorable to the Domestic Borrower or such Subsidiary, as applicable, than would be
obtained in a comparable arm’s-length transaction with a Person that is not an Affiliate,

(xi) transactions pursuant to any Permitted Receivables Financing,

 

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(xii) [Reserved],

(xiii) so long as not otherwise prohibited under this Agreement, guarantees of
performance by the Domestic Borrower or any Subsidiary of any other Subsidiary or the
Domestic Borrower that are not a Loan Party in the ordinary course of business, except for
guarantees of Indebtedness in respect of borrowed money; and

(xiv) if such transaction is with a Person in its capacity as a holder (A) of
Indebtedness of the Domestic Borrower or any Subsidiary where such Person is treated no more
favorably than the other holders of Indebtedness of the Domestic Borrower or any Subsidiary
or (B) of Equity Interests of the Domestic Borrower or any Subsidiary where such Person is
treated no more favorably than the other holders of Equity Interests of the Domestic
Borrower or any Subsidiary.

Section 6.08 Business of the Domestic Borrower and the Subsidiaries. Notwithstanding
any other provisions hereof, engage at any time in any business or business activity other than any
business or business activity conducted by it on the Closing Date and any business or business
activities incidental or related thereto, or any business or activity that is reasonably similar
thereto or a reasonable extension, development or expansion thereof or ancillary thereto.

Section 6.09 Limitation on Prepayment or Modifications of Senior Subordinated
Indebtedness.

(a) (i) Make, or agree or offer to pay or make, directly or indirectly, any optional payment
in respect of principal or redeem the 2014 Senior Subordinated Notes, the 2021 Senior Subordinated
Notes or any Permitted Subordinated Debt Securities, or make any payment or other distribution
(whether in cash, securities or other property), including any sinking fund or similar deposit, on
account of the purchase, redemption, retirement, acquisition, cancellation or termination of the
2014 Senior Subordinated Notes, the 2021 Senior Subordinated Notes or any Permitted Subordinated
Debt Securities except for (A) Refinancings permitted by Section 6.01(l)), (B) payments made solely
with the proceeds from the issuance of Equity Interests and (C) so long as no Default or Event of
Default has occurred and is continuing or would result therefrom, purchases and redemptions of 2014
Senior Subordinated Notes, 2021 Senior Subordinated Notes or any Permitted Subordinated Debt
Securities, provided that, after giving effect to any such purchases and redemptions pursuant to
this clause (C), the Leverage Ratio shall be less than 3.0 to 1.00, calculated on a pro forma basis
as of the last day of the most recently ended fiscal quarter in respect of which financial
statements have been delivered pursuant to Section 5.04; or

(ii) Amend or modify, or permit the amendment or modification of, any provision of any
2014 Senior Subordinated Note, 2021 Subordinated Note or any Permitted Senior Debt
Securities or Permitted Subordinated Debt Securities, any Permitted Receivables Document or
any agreement (including any Senior Subordinated Notes Document or any document relating to
any Permitted Senior Debt Securities or Permitted Subordinated Debt Securities) relating
thereto, other than (A) in respect of the 2014 Senior Subordinated Notes, the 2014 Second
Supplemental Indenture and (B) amendments or modifications that are not in any manner
materially adverse to Lenders
and that do not affect the subordination provisions thereof (if any) in a manner
adverse to the Lenders.

 

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(b) Permit any Subsidiary to enter into any agreement or instrument that by its terms
restricts (1) the payment of dividends or distributions or the making of cash advances by such
Subsidiary to the Domestic Borrower or any Subsidiary that is a direct or indirect parent of such
Subsidiary or (2) the granting of Liens by such Subsidiary pursuant to the Security Documents, in
each case other than those arising under any Loan Document, except, in each case, restrictions
existing by reason of:

(A) restrictions imposed by applicable law;

(B) restrictions contained in any Permitted Receivables Document with respect
to any Special Purpose Receivables Subsidiary;

(C) contractual encumbrances or restrictions in effect on the Closing Date
under (1) any Senior Subordinated Note Document or (2) any agreements related to any
permitted renewal, extension or refinancing of any Indebtedness existing on the
Closing Date that does not expand the scope of any such encumbrance or restriction;

(D) restrictions imposed by any Permitted Senior Debt Securities that are
substantially similar to restrictions set forth in the Credit Agreement;

(E) any restriction on a Subsidiary imposed pursuant to an agreement entered
into for the sale or disposition of all or substantially all the Equity Interests or
assets of a Subsidiary pending the closing of such sale or disposition;

(F) customary provisions in joint venture agreements and other similar
agreements applicable to joint ventures entered into in the ordinary course of
business;

(G) any restrictions imposed by any agreement relating to secured Indebtedness
permitted by this Agreement to the extent that such restrictions apply only to the
property or assets securing such Indebtedness;

(H) customary provisions contained in leases or licenses of intellectual
property and other similar agreements entered into in the ordinary course of
business;

(I) customary provisions restricting subletting or assignment of any lease
governing a leasehold interest;

(J) customary provisions restricting assignment of any agreement entered into
in the ordinary course of business;

 

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(K) customary restrictions and conditions contained in any agreement relating
to the sale of any asset permitted under Section 6.05 pending the consummation of
such sale; or

(L) any agreement in effect at the time such Subsidiary becomes a Subsidiary,
so long as such agreement was not entered into in contemplation of such Person
becoming a Subsidiary.

Section 6.10 Capital Expenditures. Permit the Domestic Borrower or its Subsidiaries
to make any Capital Expenditure, except that:

(a) The Domestic Borrower and its Subsidiaries may make Capital Expenditures so long as during
any fiscal year the aggregate amount thereof does not exceed $110 million in fiscal year 2011 and
$150 million in each of fiscal years 2012, 2013, 2014, and 2015.

(b) Notwithstanding anything to the contrary contained in Section 6.10(a) above, to the extent
that the aggregate amount of Capital Expenditures made by the Domestic Borrower and its
Subsidiaries in any fiscal year of the Domestic Borrower pursuant to Section 6.10(a) is less than
the amount set forth for such fiscal year, the amount of such difference may be carried forward and
used to make Capital Expenditures in the two succeeding fiscal years;.

Section 6.11 Interest Coverage Ratio. Permit the Interest Coverage Ratio on the last
day of any fiscal quarter ending after the Closing Date, to be less than 3:00 to 1:00.

Section 6.12 Leverage Ratio. Permit the Leverage Ratio on the last day of any fiscal
quarter ending after the Closing Date, to be in excess of 3:75 to 1:00.

Section 6.13 Swap Agreements. Enter into any Swap Agreement, other than (a) Swap
Agreements required by Section 5.12 or any Permitted Receivables Financing, (b) Swap Agreements
entered into in the ordinary course of business to hedge or mitigate risks to which the Domestic
Borrower or any Subsidiary is exposed in the conduct of its business or the management of its
liabilities, and (c) Swap Agreements entered into in order to effectively cap, collar or exchange
interest rates (from fixed to floating rates, from one floating rate to another floating rate or
otherwise) with respect to any interest-bearing liability or investment of the Domestic Borrower or
any Subsidiary.

Section 6.14 Designated Senior Debt. Designate any Indebtedness of any Borrower or
any of the Subsidiaries other than (a) the Obligations hereunder and (b) Permitted Senior Debt
Securities as “Designated Senior Indebtedness” under, and as defined in, the 2014 Senior
Subordinated Notes Indenture and the 2021 Senior Subordinated Notes Indenture.

 

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ARTICLE VII

EVENTS OF DEFAULT

Section 7.01 Events of Default. In case of the happening of any of the following
events (“Events of Default”):

(a) any representation or warranty made or deemed made by any Borrower or any other Loan Party
in any Loan Document, or any representation, warranty, statement or information contained in any
report, certificate, financial statement or other instrument furnished in connection with or
pursuant to any Loan Document, shall prove to have been false or misleading in any material respect
when so made, deemed made or furnished by any Borrower or any other Loan Party;

(b) default shall be made in the payment of any principal of any Loan or the reimbursement
with respect to any L/C Disbursement when and as the same shall become due and payable, whether at
the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or
otherwise;

(c) default shall be made in the payment of any interest on any Loan or on any L/C
Disbursement or in the payment of any Fee or any other amount (other than an amount referred to in
(b) above) due under any Loan Document, when and as the same shall become due and payable, and such
default shall continue unremedied for a period of five (5) Business Days;

(d) default shall be made in the due observance or performance by any Borrower or any of the
Subsidiaries of any covenant, condition or agreement contained in Section 5.01(a) (with respect to
any Borrower), 5.05(a), 5.08, 5.10(c) or in Article VI;

(e) default shall be made in the due observance or performance by any Borrower or any of the
Subsidiaries of any covenant, condition or agreement contained in any Loan Document (other than
those specified in paragraphs (b), (c) and (d) above) and such default shall continue unremedied
for a period of 30 days after notice thereof from the Administrative Agent or any Lender to any
Borrower;

(f) (i) any event or condition occurs that (A) results in any Material Indebtedness becoming
due prior to its scheduled maturity or (B) enables or permits (with all applicable grace periods
having expired) the holder or holders of any Material Indebtedness or any trustee or agent on its
or their behalf to cause any Material Indebtedness to become due, or to require the prepayment,
repurchase, redemption or defeasance thereof, prior to its scheduled maturity or (ii) any Borrower
or any of the Subsidiaries shall fail to pay the principal of any Material Indebtedness at the
stated final maturity thereof; provided that this clause (f) shall not apply to secured
Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or
assets securing such Indebtedness if such sale or transfer is permitted hereunder and under the
documents providing for such Indebtedness;

(g) there shall have occurred a Change in Control;

(h) an involuntary proceeding shall be commenced or an involuntary petition shall be filed in
a court of competent jurisdiction seeking (i) relief in respect of any Borrower or any of the
Subsidiaries (other than a Borrower or Subsidiary incorporated in France), or of a substantial part
of the property or assets of any Borrower or any Subsidiary (other than a Borrower or Subsidiary
incorporated in France), under Title 11 of the United States Code, as now constituted or hereafter
amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or similar
law, (ii) the appointment of a receiver, trustee, custodian,
sequestrator, conservator or similar official for any Borrower or any of the Subsidiaries
(other than a Borrower or Subsidiary incorporated in France) or for a substantial part of the
property or assets of any Borrower or any of the Subsidiaries (other than a Borrower or Subsidiary
incorporated in France) or (iii) the winding-up or liquidation of any Borrower or any Subsidiary
(other than a Borrower or Subsidiary incorporated in France) (except, in the case of any Subsidiary
(other than the Borrowers), in a transaction permitted by Section 6.05); and such proceeding or
petition shall continue undismissed for 60 days or an order or decree approving or ordering any of
the foregoing shall be entered;

 

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(i) any Borrower or any Subsidiary (other than a Borrower or Subsidiary incorporated in
France) shall (i) voluntarily commence any proceeding or file any petition seeking relief under
Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal,
state or foreign bankruptcy, insolvency, receivership or similar law, (ii) consent to the
institution of, or fail to contest in a timely and appropriate manner, any proceeding or the filing
of any petition described in paragraph (h) above, (iii) apply for, request or consent to the
appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for
any Borrower or any of the Subsidiaries (other than a Borrower or Subsidiary incorporated in
France) or for a substantial part of the property or assets of any Borrower or any Subsidiary
(other than a Borrower or Subsidiary incorporated in France), (iv) file an answer admitting the
material allegations of a petition filed against it in any such proceeding, (v) make a general
assignment for the benefit of creditors or (vi) become unable, admit in writing its inability or
fail generally to pay its debts as they become due;

(j) the failure by any Borrower or any Subsidiary to pay one or more final judgments
aggregating in excess of $50.0 million (net of any amounts which are covered by insurance or
bonded), which judgments are not discharged or effectively waived or stayed for a period of 30
consecutive days, or any action shall be legally taken by a judgment creditor to levy upon assets
or properties of any Borrower or any Subsidiary to enforce any such judgment;

(k) one or more ERISA Events or events with respect to one or more Foreign Plans (“Foreign
Events”) shall have occurred or are reasonably expected to occur that, when taken together with
all other ERISA Events and Foreign Events that have occurred or are reasonably expected to occur,
could reasonably be expected to result in a Material Adverse Effect;

(l) any Borrower or any Subsidiary incorporated in France (i) stops or suspends or announces
an intention to stop or suspend payment of its debts or shall admit its inability to pay its debts
as they fall due or shall for the purpose of any applicable law be or be deemed to be unable to pay
its debts or shall otherwise be or be deemed to be insolvent for the purpose of any insolvency law
or to be in a state of cessation de paiements, (ii) applies for the appointment of a mandataire ad
hoc, administrateur judiciaire, administrateur provisoire or liquidateur judiciaire, (iii) applies
for or is subject to the appointment of a conciliateur for a procédure de conciliation pursuant to
Articles L. 611-4 et seq. of the French Code de Commerce, (iv) is the subject of a judgment for
sauvegarde (including sauvegarde financière accélérée), redressement judiciaire, cession totale or
partielle de l’entreprise or liquidation judiciaire pursuant to Articles L. 620-1 et seq. of the
French Code de Commerce or (v) is the subject, in
any jurisdiction other than France, of any procedure or step analogous to those set out as
items (ii), (iii) and (iv) above;

 

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(m) (i) any Loan Document shall for any reason be asserted in writing by any Borrower or any
Subsidiary not to be a legal, valid and binding obligation of any party thereto, (ii) any security
interest purported to be created by any Security Document and to extend to Collateral that is not
immaterial to any Borrower and its Subsidiaries on a consolidated basis shall cease to be, or shall
be asserted in writing by any Borrower or any other Loan Party not to be, a valid and perfected
security interest (having the priority required by this Agreement or the relevant Security
Document) in the securities, assets or properties covered thereby, except to the extent that (A)
any such loss of perfection or priority results from the failure of the Collateral Agent to
maintain possession of certificates actually delivered to it representing securities pledged under
the Collateral Agreements or to file UCC continuation statements, (B) such loss is covered by a
lender’s title insurance policy and the Administrative Agent shall be reasonably satisfied with the
credit of such insurer or (C) any such loss of validity, perfection or priority is the result of
any failure by the Collateral Agent or the Administrative Agent to take any action necessary to
secure the validity, perfection or priority of the liens, or (iii) the Guarantees pursuant to the
Security Documents by the Domestic Borrower or the Subsidiary Loan Parties of any of the
Obligations shall cease to be in full force and effect (other than in accordance with the terms
thereof), or shall be asserted in writing by any Borrower or any Subsidiary Loan Party not to be in
effect or not to be legal, valid and binding obligations;

then, and in every such event (other than an event with respect to any Borrower described in
paragraph (h), (i) or (l) above), and at any time thereafter during the continuance of such event,
the Administrative Agent, at the request of the Required Lenders, shall, by notice to the
Borrowers, take any or all of the following actions, at the same or different times: (i) terminate
forthwith the Commitments, (ii) declare the Loans then outstanding to be forthwith due and payable
in whole or in part, whereupon the principal of the Loans so declared to be due and payable,
together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the
Borrowers accrued hereunder and under any other Loan Document, shall become forthwith due and
payable, without presentment, demand, protest or any other notice of any kind, all of which are
hereby expressly waived by the Borrowers, anything contained herein or in any other Loan Document
to the contrary notwithstanding and (iii) demand cash collateral pursuant to Section 2.05(j); and
in any event with respect to the Borrowers described in paragraph (h), (i) or (l) above, the
Commitments shall automatically terminate, the principal of the Loans then outstanding, together
with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the
Borrowers accrued hereunder and under any other Loan Document, shall automatically become due and
payable and the Administrative Agent shall be deemed to have made a demand for cash collateral to
the full extent permitted under Section 2.05(j), without presentment, demand, protest or any other
notice of any kind, all of which are hereby expressly waived by the Borrowers, anything contained
herein or in any other Loan Document to the contrary notwithstanding.

 

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Section 7.02 Exclusion of Immaterial Subsidiaries. Solely for the purposes of
determining whether an Event of Default has occurred under clause (h), (i) or (l) of Section 7.01,
any reference in any such clause to any Subsidiary shall be deemed not to include any Subsidiary
affected by any event or circumstance referred to in any such clause that did not, as of the last
day of the fiscal quarter of the Domestic Borrower most recently ended, have assets with a
value in excess of 2.5% of the Consolidated Total Assets or 2.5% of total revenues of the Domestic
Borrower and its Subsidiaries as of such date; provided that if it is necessary to exclude more
than one Subsidiary from clause (h), (i) or (l) of Section 7.01 pursuant to this Section 7.02 in
order to avoid an Event of Default thereunder, all excluded Subsidiaries shall be considered to be
a single consolidated Subsidiary for purposes of determining whether the condition specified above
is satisfied.

ARTICLE VIII

THE AGENTS

Section 8.01 Appointment.

(a) In order to expedite the transactions contemplated by this Agreement, (i) JPMorgan is
hereby appointed to act as Administrative Agent and Collateral Agent, (ii) each of Bank of America,
N.A., Commerzbank AG, New York and Grand Cayman Branch, DnB NOR Bank ASA, Sovereign Bank and Wells
Fargo Bank, N.A. is hereby appointed to act as a Co-Syndication Agent. Each of the Lenders and
each assignee of any such Lender hereby irrevocably authorizes the Administrative Agent to take
such actions on behalf of such Lender or assignee and to exercise such powers as are specifically
delegated to the Administrative Agent by the terms and provisions hereof and of the other Loan
Documents, together with such actions and powers as are reasonably incidental thereto. The
Administrative Agent is hereby expressly authorized by the Lenders and each Issuing Bank, without
hereby limiting any implied authority, (A) to receive on behalf of the Lenders and such Issuing
Bank all payments of principal of and interest on the Loans, all payments in respect of L/C
Disbursements and all other amounts due to the Lenders and such Issuing Bank hereunder, and
promptly to distribute to each Lender or such Issuing Bank its proper share of each payment so
received; (B) to give notice on behalf of each of the Lenders of any Event of Default specified in
this Agreement of which the Administrative Agent has actual knowledge acquired in connection with
the performance of its duties as Administrative Agent hereunder; and (C) to distribute to each
Lender copies of all notices, financial statements and other materials delivered by any Borrower
pursuant to this Agreement as received by the Administrative Agent. Without limiting the
generality of the foregoing, the Collateral Agent is hereby expressly authorized to execute any and
all documents (including releases) with respect to the Collateral and the rights of the Secured
Parties with respect thereto, as contemplated by and in accordance with the provisions of this
Agreement and the Security Documents, and all rights and remedies in respect of such Collateral
shall be controlled by the Collateral Agent.

 

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(b) Neither the Agents nor any of their respective directors, officers, employees or agents
shall be liable as such for any action taken or omitted by any of them except for its or his own
gross negligence or willful misconduct, or be responsible for any statement, warranty or
representation herein or the contents of any document delivered in connection herewith, or be
required to ascertain or to make any inquiry concerning the performance or observance by the
Borrowers or any other Loan Party of any of the terms, conditions, covenants or agreements
contained in any Loan Document. The Agents shall not be responsible to the Lenders for the due
execution, genuineness, validity, enforceability or effectiveness of this Agreement or any other
Loan Documents or other instruments or agreements. The Agents shall
in all cases be fully protected in acting, or refraining from acting, in accordance with
written instructions signed by the Required Lenders and, except as otherwise specifically provided
herein, such instructions and any action or inaction pursuant thereto shall be binding on all the
Lenders. Each Agent shall, in the absence of knowledge to the contrary, be entitled to rely on any
instrument or document believed by it in good faith to be genuine and correct and to have been
signed or sent by the proper Person. Neither the Agents nor any of their respective directors,
officers, employees or agents shall have any responsibility to any Borrower or any other Loan Party
or any other party hereto or to any Loan Document on account of the failure, delay in performance
or breach by, or as a result of information provided by, any Lender or Issuing Bank of any of its
obligations hereunder or to any Lender or Issuing Bank on account of the failure of or delay in
performance or breach by any other Lender or Issuing Bank or any Borrower or any other Loan Party
of any of their respective obligations hereunder or under any other Loan Document or in connection
herewith or therewith. Each Agent may execute any and all duties hereunder by or through agents,
employees or any sub-agent appointed by it and shall be entitled to rely upon the advice of legal
counsel selected by it with respect to all matters arising hereunder and shall not be liable for
any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Section 8.02 Nature of Duties. The Lenders hereby acknowledge that no Agent shall be
under any duty to take any discretionary action permitted to be taken by it pursuant to the
provisions of this Agreement unless it shall be requested in writing to do so by the Required
Lenders. The Lenders further acknowledge and agree that so long as an Agent shall make any
determination to be made by it hereunder or under any other Loan Document in good faith, such Agent
shall have no liability in respect of such determination to any Person. Notwithstanding any
provision to the contrary elsewhere in this Agreement, the Administrative Agent shall not have any
duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship
with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or
liabilities shall be read into the Loan Documents or otherwise exist against the Administrative
Agent. Each Lender recognizes and agrees that the Joint Lead Arrangers shall have no duties or
responsibilities under this Agreement or any other Loan Document, or any fiduciary relationship
with any Lender, and shall have no functions, responsibilities, duties, obligations or liabilities
for acting as such hereunder.

Section 8.03 Resignation by the Agents. Subject to the appointment and acceptance of
a successor Agent as provided below, any Agent may resign at any time by notifying the Lenders and
the Borrowers. Upon any such resignation, the Required Lenders shall have the right to appoint a
successor with the consent of the Borrowers (not to be unreasonably withheld or delayed). If no
successor shall have been so appointed by the Required Lenders and approved by the Borrowers and
shall have accepted such appointment within 45 days after the retiring Agent gives notice of its
resignation, then the retiring Agent may, on behalf of the Lenders with the consent of the
Borrowers (not to be unreasonably withheld or delayed), appoint a successor Agent which shall be a
bank with an office in New York, New York and an office in London, England (or a bank having an
Affiliate with such an office) having a combined capital and surplus that is not less than $500.0
million or an Affiliate of any such bank. Upon the acceptance of any appointment as Agent
hereunder by a successor bank, such successor shall succeed to and become vested with all the
rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be
discharged from its duties and obligations hereunder. After the Agent’s
resignation hereunder, the provisions of this Article and Section 9.05 shall continue in
effect for its benefit in respect of any actions taken or omitted to be taken by it while it was
acting as Agent.

 

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Section 8.04 Each Agent in Its Individual Capacity. With respect to the Loans made by
it hereunder, each Agent in its individual capacity and not as Agent shall have the same rights and
powers as any other Lender and may exercise the same as though it were not an Agent, and the Agents
and their Affiliates may accept deposits from, lend money to and generally engage in any kind of
business with any Borrower or any of the Subsidiaries or other Affiliates thereof as if it were not
an Agent.

Section 8.05 Indemnification. Each Lender agrees (a) to reimburse the Agents, on
demand, in the amount of its pro rata share (based on its Commitments hereunder (or if such
Commitments shall have expired or been terminated, in accordance with the respective principal
amounts of its applicable outstanding Loans or participations in L/C Disbursements, as applicable))
of any reasonable expenses incurred for the benefit of the Lenders by the Agents, including
reasonable counsel fees and compensation of agents and employees paid for services rendered on
behalf of the Lenders, which shall not have been reimbursed by the Borrowers and (b) to indemnify
and hold harmless each Agent and any of its directors, officers, employees or agents, on demand, in
the amount of such pro rata share, from and against any and all liabilities, Taxes, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind
or nature whatsoever which may be imposed on, incurred by or asserted against it in its capacity as
Agent or any of them in any way relating to or arising out of this Agreement or any other Loan
Document or any action taken or omitted by it or any of them under this Agreement or any other Loan
Document, to the extent the same shall not have been reimbursed by the Borrowers, provided that no
Lender shall be liable to an Agent for any portion of such liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from the
gross negligence or willful misconduct of such Agent or any of its directors, officers, employees
or agents.

Section 8.06 Lack of Reliance on Agents. Each Lender acknowledges that it has,
independently and without reliance upon the Agents and any Lender and based on such documents and
information as it has deemed appropriate, made its own credit analysis and decision to enter into
this Agreement. Each Lender also acknowledges that it will, independently and without reliance
upon the Agents, any other Lender and based on such documents and information as it shall from time
to time deem appropriate, continue to make its own decisions in taking or not taking action under
or based upon this Agreement or any other Loan Document, any related agreement or any document
furnished hereunder or thereunder. The Agents shall not be required to keep themselves informed as
to the performance or observance by the Borrowers or any of their Subsidiaries of this Agreement,
the Loan Documents or any other document referred to or provided for herein or to inspect the
Properties or books of the Borrowers or their Subsidiaries. Except for notices, reports and other
documents and information expressly required to be furnished to the Lenders by the Administrative
Agent hereunder, no Agent or the Arrangers shall have any duty or responsibility to provide any
Lender with any credit or other information concerning the affairs, financial condition or business
of the Borrowers (or any of their Affiliates) which may come into the possession of such Agent or
any of its Affiliates. In this regard, each Lender acknowledges that Vinson & Elkins LLP is acting
in this transaction as
special counsel to the Administrative Agent only, except to the extent otherwise expressly
stated in any legal opinion or any Loan Document. Each other party hereto will consult with its
own legal counsel to the extent that it deems necessary in connection with the Loan Documents and
the matters contemplated therein.

 

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Section 8.07 European Administrative Agent. The European Administrative Agent has
been designated under this Agreement to carry out duties of the Administrative Agent. The European
Administrative Agent shall be subject to each of the obligations in this Agreement to be performed
by the European Administrative Agent, and each of the Borrowers and the Lenders agrees that the
European Administrative Agent shall be entitled to exercise each of the rights and shall be
entitled to each of the benefits of the Administrative Agent under this Agreement as related to the
performance of its obligations hereunder.

Section 8.08 Appointment of Supplemental Collateral Agents.

(a) It is the purpose of this Agreement and the other Loan Documents that there shall be no
violation of any law of any jurisdiction denying or restricting the right of banking corporations
or associations to transact business as agent or trustee in such jurisdiction. It is recognized
that in case of litigation under this Agreement or any of the other Loan Documents, and in
particular in case of the enforcement of any of the Loan Documents, or in case the Administrative
Agent deems that by reason of any present or future law of any jurisdiction it may not exercise any
of the rights, powers or remedies granted herein or in any of the other Loan Documents or take any
other action which may be desirable or necessary in connection therewith, it may be necessary that
the Administrative Agent appoint an additional individual or institution as a separate trustee,
co-trustee, collateral agent, collateral sub-agent or collateral co-agent (any such additional
individual or institution being referred to herein individually as a “Supplemental Collateral
Agent” and collectively as “Supplemental Collateral Agents”).

(b) In the event that the Administrative Agent appoints a Supplemental Collateral Agent with
respect to any Collateral, (i) each and every right, power, privilege or duty expressed or intended
by this Agreement or any of the other Loan Documents to be exercised by or vested in or conveyed to
the Administrative Agent with respect to such Collateral shall be exercisable by and vest in such
Supplemental Collateral Agent to the extent, and only to the extent, necessary to enable such
Supplemental Collateral Agent to exercise such rights, powers and privileges with respect to such
Collateral and to perform such duties with respect to such Collateral, and every covenant and
obligation contained in the Loan Documents and necessary to the exercise or performance thereof by
such Supplemental Collateral Agent shall run to and be enforceable by either the Administrative
Agent or such Supplemental Collateral Agent, and (ii) the provisions of this Article and of Section
9.05 that refer to the Administrative Agent shall inure to the benefit of such Supplemental
Collateral Agent and all references therein to the Administrative Agent shall be deemed to be
references to the Administrative Agent and/or such Supplemental Collateral Agent, as the context
may require.

 

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(c) Should any instrument in writing from any Loan Party be required by any Supplemental
Collateral Agent so appointed by the Administrative Agent for more fully and certainly vesting in
and confirming to it such rights, powers, privileges and duties, such Loan
Party shall execute, acknowledge and deliver any and all such instruments promptly upon
request by the Administrative Agent. In case any Supplemental Collateral Agent, or a successor
thereto, shall die, become incapable of acting, resign or be removed, all the rights, powers,
privileges and duties of such Supplemental Collateral Agent, to the extent permitted by law, shall
vest in and be exercised by the Administrative Agent until the appointment of a new Supplemental
Collateral Agent.

ARTICLE IX

MISCELLANEOUS

Section 9.01 Notices.

(a) Notices and other communications provided for herein shall be in writing and shall be
delivered by hand or overnight courier service, mailed by certified or registered mail or sent by
telecopy, as follows:

(i) if to the Domestic Borrower, to it at Dresser-Rand Group Inc., 1200 W. Sam Houston
Parkway N., Houston, TX 77043, Attention: Robert Saltarelli (telecopy: 713.935.3880)
(e-mail: rsaltarelli@dresser-rand.com);

(ii) if to the French Borrower, to it at D-R Holdings (France) S.A.S. c/o DRESSER-RAND
S.A., 31, Boulevard Winston Churchill 76080 LE HAVRE Cedex 7013, Attention: Jean-François
CHEVRIER (telecopy: +33.235.25.5369) (e-mail:
jean-francois_chevrier@dresser-rand.com);

(iii) if to the Administrative Agent, to JPMorgan Chase Bank, N.A., 10 South Dearborn,
7th Floor, Chicago, IL, 60603, Attention: Sherese Cork (telecopy: 888.303.9732)
(e-mail: jpm.agency.servicing.1@jpmchase.com)

(iv) if to the European Administrative Agent, to J.P. Morgan Europe Limited, 125 London
Wall, London EC2Y 5AJ, Attention: Manager (telecopy: 44.207.777.2360); and

(v) if to an Issuing Bank, to it at the address or telecopy number set forth separately
in writing.

(b) Notices and other communications to the Lenders hereunder may be delivered or furnished by
electronic communications pursuant to procedures approved by the Administrative Agent; provided
that the foregoing shall not apply to notices pursuant to Article II unless otherwise agreed by the
Administrative Agent and the applicable Lender. Each of the Administrative Agent, the Collateral
Agent and the Borrowers may, in its discretion, agree to accept notices and other communications to
it hereunder by electronic communications pursuant to procedures approved by it; provided further
that approval of such procedures may be limited to particular notices or communications.

(c) All notices and other communications given to any party hereto in accordance with the
provisions of this Agreement shall be deemed to have been given on the date of receipt if delivered
by hand or overnight courier service, sent by telecopy or (to the extent
permitted by paragraph (b) above) electronic means or on the date five Business Days after
dispatch by certified or registered mail if mailed, in each case delivered, sent or mailed
(properly addressed) to such party as provided in this Section 9.01 or in accordance with the
latest unrevoked direction from such party given in accordance with this Section 9.01.

 

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(d) Any party hereto may change its address or telecopy number for notices and other
communications hereunder by notice to the other parties hereto.

Section 9.02 Survival of Agreement. All covenants, agreements, representations and
warranties made by the Borrowers and the Loan Parties herein, in the other Loan Documents and in
the certificates or other instruments prepared or delivered in connection with or pursuant to this
Agreement or any other Loan Document shall be considered to have been relied upon by the Lenders
and each Issuing Bank and shall survive the making by the Lenders of the Loans, the execution and
delivery of the Loan Documents and the issuance of the Letters of Credit, regardless of any
investigation made by such Persons or on their behalf, and shall continue in full force and effect
as long as the principal of or any accrued interest on any Loan or L/C Disbursement or any Fee or
any other amount payable under this Agreement or any other Loan Document is outstanding and unpaid
or any Letter of Credit is outstanding and so long as the Commitments have not been terminated.
Without prejudice to the survival of any other agreements contained herein, indemnification and
reimbursement obligations contained herein (including pursuant to Sections 2.16, 2.18 and 9.05)
shall survive the payment in full of the principal and interest hereunder, the expiration of the
Letters of Credit and the termination of the Commitments or this Agreement.

Section 9.03 Binding Effect. This Agreement shall become effective when it shall have
been executed by the Borrowers and the Agents and when the Administrative Agent shall have received
copies hereof which, when taken together, bear the signatures of each of the other parties hereto,
and thereafter shall be binding upon and inure to the benefit of the Borrowers, each Issuing Bank,
the Agents and each Lender and their respective permitted successors and assigns.

Section 9.04 Successors and Assigns.

(a) The provisions of this Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns permitted hereby (including any
Affiliate of any Issuing Bank that issues any Letter of Credit), except that (i) other than
pursuant to a merger permitted by Section 6.05(b) or 6.05(i), no Borrower may assign or otherwise
transfer any of its rights or obligations hereunder without the prior written consent of each
Lender (and any attempted assignment or transfer by any Borrower without such consent shall be null
and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder
except in accordance with this Section. Nothing in this Agreement, expressed or implied, shall be
construed to confer upon any Person (other than the parties hereto, their respective successors and
assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter of
Credit), Participants (to the extent provided in paragraph (c) of this Section) and, to the extent
expressly contemplated hereby, the Related Parties of each of the Agents, each Issuing Bank and the
Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

 

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(b) (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may assign
to one or more assignees all or a portion of its rights and obligations under this Agreement
(including all or a portion of its Commitment and the Loans at the time owing to it) with the prior
written consent (such consent not to be unreasonably withheld or delayed) of:

(A) the Borrowers; provided, that no consent of any Borrower shall be required
for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an
Event of Default has occurred and is continuing, any other assignee (provided that
any liability of the Borrowers to an assignee that is an Approved Fund or Affiliate
of the assigning Lender under Section 2.16, 2.18 or 2.21 shall be limited to the
amount, if any, that would have been payable hereunder by the Borrowers in the
absence of such assignment);

(B) the Administrative Agent and the Swingline Lenders; provided that no
consent of the Administrative Agent or the Swingline Lenders, as applicable, shall
be required for an assignment of a Revolving Facility Commitment or Delayed Draw
Commitment to an assignee that is a Lender immediately prior to giving effect to
such assignment; and

(C) any such assignment shall be made ratably among the Revolving Facility, the
Term Loan Facility and the Delayed Draw Facility.

(ii) Assignments shall be subject to the following additional conditions:

(A) except in the case of an assignment to a Lender, an Affiliate of a Lender
or an Approved Fund, an assignment of the entire remaining amount of the assigning
Lender’s Commitment or contemporaneous assignments to related Approved Funds that
equal at least $5.0 million in the aggregate, the amount of the commitment of the
assigning Lender subject to each such assignment (determined as of the date the
Assignment and Acceptance with respect to such assignment is delivered to the
Administrative Agent) shall not be less than $5.0 million, unless each of the
Borrowers and the Administrative Agent otherwise consent; provided that no such
consent of the Borrowers shall be required if an Event of Default has occurred and
is continuing;

(B) each partial assignment shall be made as an assignment of a proportionate
part of all the assigning Lender’s rights and obligations under this Agreement;

(C) the parties to each assignment shall execute and deliver to the
Administrative Agent an Assignment and Acceptance, together with a processing and
recordation fee of $3,500.00; provided that no such recordation fee shall be due in
connection with an assignment to an existing Lender or Affiliate of a Lender or an
Approved Fund of such Lender or an assignment by the Administrative Agent and
provided further that only one such fee shall be
payable in connection with contemporaneous assignments to related Approved
Funds;

 

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(D) the assignee, if it shall not be a Lender, shall deliver to the
Administrative Agent an Administrative Questionnaire; and

(E) no such assignment shall be made to the Domestic Borrower, the French
Borrower or any of their Subsidiaries.

For purposes of this Section 9.04(b), the term “Approved Fund” shall have the
following meaning:

“Approved Fund” shall mean any Person (other than a natural
person) that is engaged in making, purchasing, holding or investing
in bank loans and similar extensions of credit in the ordinary
course and that is administered or managed by a Lender, an Affiliate
of a Lender or an entity or an Affiliate of an entity that
administers or manages a Lender.

(iii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) of this
Section, from and after the effective date specified in each Assignment and Acceptance the
assignee thereunder shall be a party hereto and, to the extent of the interest assigned by
such Assignment and Acceptance, have the rights and obligations of a Lender under this
Agreement, and the assigning Lender hereunder shall, to the extent of the interest assigned
by such Assignment and Acceptance, be released from its obligations under this Agreement
(and, in the case of an Assignment and Acceptance covering all of the assigning Lender’s
rights and obligations under this Agreement, such Lender shall cease to be a party hereto
but shall continue to be entitled to the benefits of Sections 2.16, 2.17, 2.18 and 9.05).
Any assignment or transfer by a Lender of rights or obligations under this Agreement that
does not comply with this Section 9.04 shall be treated for purposes of this Agreement as a
sale by such Lender of a participation in such rights and obligations in accordance with
paragraph (c) of this Section.

(iv) The Administrative Agent, acting for this purpose as an agent of the Borrowers,
shall maintain at one of its offices a copy of each Assignment and Acceptance delivered to
it and a register for the recordation of the names and addresses of the Lenders, and the
Commitment of, and principal amount of the Loans and L/C Disbursements owing to, each Lender
pursuant to the terms hereof from time to time (the “Register”). The entries in the
Register shall be conclusive, and each Borrower, the Agents, each Issuing Bank and the
Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms
hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to
the contrary. The Register shall be available for inspection by any Borrower, any Issuing
Bank and any Lender, at any reasonable time and from time to time upon reasonable prior
notice.

 

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(v) Upon its receipt of a duly completed Assignment and Acceptance executed by an
assigning Lender and an assignee, the assignee’s completed
Administrative Questionnaire (unless the assignee shall already be a Lender hereunder),
the processing and recordation fee referred to in paragraph (b) of this Section and any
written consent to such assignment required by paragraph (b) of this Section, the
Administrative Agent shall accept such Assignment and Acceptance and record the information
contained therein in the Register. No assignment shall be effective for purposes of this
Agreement unless it has been recorded in the Register as provided in this paragraph.

(c) (i) Any Lender may, without the consent of the Borrowers, the Administrative Agent, any
Issuing Bank or any Swingline Lender, sell participations to one or more banks or other entities (a
“Participant”) in all or a portion of such Lender’s rights and obligations under this
Agreement (including all or a portion of its Commitment and the Loans owing to it); provided that
(A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall
remain solely responsible to the other parties hereto for the performance of such obligations and
(C) the Borrowers, the Agents, each Issuing Bank and the other Lenders shall continue to deal
solely and directly with such Lender in connection with such Lender’s rights and obligations under
this Agreement. Any agreement or instrument (oral or written) pursuant to which a Lender sells
such a participation shall provide that such Lender shall retain the sole right to enforce this
Agreement and the other Loan Documents and to approve any amendment, modification or waiver of any
provision of this Agreement and the other Loan Documents; provided that (1) such agreement or
instrument may provide that such Lender will not, without the consent of the Participant, agree to
any amendment, modification or waiver described in Section 9.04(a)(i) or clauses (i), (ii), (iii),
(iv), (v) or (vi) of the first proviso to Section 9.08(b) that affects such Participant and (2) no
other agreement (oral or written) with respect to such Participant may exist between such Lender
and such Participant. Subject to paragraph (c)(ii) of this Section, the Borrowers agree that each
Participant shall be entitled to the benefits of Sections 2.16, 2.17 and 2.18 to the same extent as
if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this
Section. To the extent permitted by law, each Participant also shall be entitled to the benefits
of Section 9.06 as though it were a Lender, provided such Participant agrees to be subject to
Section 2.19(c) as though it were a Lender.

(ii) A Participant shall not be entitled to receive any greater payment under Section
2.16, 2.17 or 2.18 than the applicable Lender would have been entitled to receive with
respect to the participation sold to such Participant, unless the sale of the participation
to such Participant is made with the Borrowers’ prior written consent (which shall not be
unreasonably withheld). A Participant that would be a Foreign Lender if it were a Lender
shall not be entitled to the benefits of Section 2.18 to the extent such Participant fails
to comply with Section 2.18(e) as though it were a Lender.

(d) Any Lender may at any time pledge or assign a security interest in all or any portion of
its rights under this Agreement to secure obligations of such Lender, including any pledge or
assignment to secure obligations to a Federal Reserve Bank, and this Section shall not apply to any
such pledge or assignment of a security interest; provided that no such pledge or assignment of a
security interest shall release a Lender from any of its obligations hereunder or substitute any
such pledgee or assignee for such Lender as a party hereto.

 

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(e) For the purposes of Article 1278 of the French Civil Code, it is expressly agreed that
upon any assignment of the rights and obligations of a Lender, the security created or evidenced by
any collateral agreement or instrument governed by French law and/or with a French law party shall
be preserved for the benefit of the new Lender and each other Secured Party.

(f) A copy of the instrument evidencing the assignment of the rights of a Lender in respect of
any Loan to the French Borrower or any Additional Foreign Borrower organized under the laws of
France shall be notified through a French bailiff (huissier) to such Borrower in accordance with
Article 1690 of the French Civil Code. The new Lender will be responsible for the fees of the
French bailiff (huissier) for so notifying the French Loan Party.

Section 9.05 Expenses; Indemnity.

(a) The Domestic Borrower agrees to pay all reasonable and documented out-of-pocket expenses
(including Other Taxes) incurred by the Agents in connection with the preparation of this Agreement
and the other Loan Documents, or by the Agents in connection with the syndication of the
Commitments or the administration of this Agreement (including expenses incurred in connection with
due diligence and initial and ongoing Collateral examination to the extent incurred with the
reasonable prior approval of the Domestic Borrower and the reasonable fees, disbursements and the
charges for no more than one primary counsel and one counsel in each jurisdiction where Collateral
is located) or in connection with any amendments, modifications or waivers of the provisions hereof
or thereof (whether or not the Transactions hereby contemplated shall be consummated) or incurred
by the Agents or any Lender in connection with the enforcement or protection of their rights in
connection with this Agreement and the other Loan Documents, in connection with the Loans made or
the Letters of Credit issued hereunder, including the reasonable fees, charges and disbursements of
Vinson & Elkins LLP, counsel for the Agents and the Joint Lead Arrangers, and, in connection with
any such enforcement or protection, the reasonable fees, charges and disbursements of any other
counsel) (including the reasonable and documented allocated costs of internal counsel for the
Agents, the Joint Lead Arrangers, any Issuing Bank or any Lender (but no more than one such counsel
for any Lender)).

(b) The Domestic Borrower agrees to indemnify the Agents, the Joint Lead Arrangers, each
Issuing Bank, each Lender and each of their respective directors, trustees, officers, employees,
investment advisors and agents (each such Person being called an “Indemnitee”) against, and
to hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related
expenses, including reasonable and documented counsel fees, charges and disbursements, incurred by
or asserted against any Indemnitee arising out of, in any way connected with, or as a result of (i)
the execution or delivery of this Agreement or any other Loan Document or any agreement or
instrument contemplated hereby or thereby, the performance by the parties hereto and thereto of
their respective obligations thereunder or the consummation of the Transactions and the other
transactions contemplated hereby, (ii) the use of the proceeds of the Loans or the use of any
Letter of Credit or (iii) any claim, litigation, investigation or proceeding relating to any of the
foregoing, whether or not any Indemnitee is a party thereto, provided that such indemnity shall
not, as to any Indemnitee, be available to the extent that such losses, claims, damages,
liabilities or related expenses result primarily from the gross

 

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 negligence or willful misconduct of such Indemnitee (treating, for this purpose only,
any Agent, any Joint Lead Arranger, any Issuing Bank, any Lender and any of their respective
Related Parties as a single Indemnitee) as determined by a court of competent jurisdiction in a
final and non-appealable judgment. Subject to and without limiting the generality of the foregoing
sentence, the Domestic Borrower agrees to indemnify each Indemnitee against, and hold each
Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses,
including reasonable and documented counsel or consultant fees, charges and disbursements, incurred
by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of
(A) any Environmental Claim related in any way to any Borrower or any of their Subsidiaries, or (B)
any actual or alleged presence, Release or threatened Release of Hazardous Materials at, under, on
or from any Property, any property owned, leased or operated by any predecessor of any Borrower or
any of their Subsidiaries, or any property at which any Borrower or any of their Subsidiaries has
sent Hazardous Wastes for treatment, storage or disposal, provided that such indemnity shall not,
as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or
related expenses result from the gross negligence or willful misconduct of such Indemnitee or any
of its Related Parties. The provisions of this Section 9.05 shall remain operative and in full
force and effect regardless of the expiration of the term of this Agreement, the consummation of
the transactions contemplated hereby, the repayment of any of the Obligations, the invalidity or
unenforceability of any term or provision of this Agreement or any other Loan Document, or any
investigation made by or on behalf of any Agent, any Issuing Bank or any Lender. All amounts due
under this Section 9.05 shall be payable on written demand therefor accompanied by reasonable
documentation with respect to any reimbursement, indemnification or other amount requested. In the
case of an investigation, litigation or proceeding to which the indemnity in this Section 9.05(b)
applies, such indemnity shall be effective whether or not such investigation, litigation or
proceeding is brought by a Borrower, any of such Borrower’s equity holders or creditors, an
Indemnitee or any other person or entity, whether or not an Indemnitee is otherwise a party thereto

(c) Unless an Event of Default shall have occurred and be continuing, the Domestic Borrower
shall be entitled to assume the defense of any action for which indemnification is sought hereunder
with counsel of their choice at its expense (in which case the Domestic Borrower shall not
thereafter be responsible for the fees and expenses of any separate counsel retained by an
Indemnitee except as set forth below); provided, however, that such counsel shall be reasonably
satisfactory to each such Indemnitee. Notwithstanding the Domestic Borrower’s election to assume
the defense of such action, each Indemnitee shall have the right to employ separate counsel and to
participate in the defense of such action, and the Domestic Borrower shall bear the reasonable
fees, costs and expenses of such separate counsel, if (i) the use of counsel chosen by the Domestic
Borrower to represent such Indemnitee would present such counsel with a conflict of interest; (ii)
the actual or potential defendants in, or targets of, any such action include both a Borrower and
such Indemnitee and such Indemnitee shall have reasonably concluded that there may be legal
defenses available to it that are different from or additional to those available to the Borrowers
(in which case the Domestic Borrower shall not have the right to assume the defense or such action
on behalf of such Indemnitee); (iii) the Domestic Borrower shall not have employed counsel
reasonably satisfactory to such Indemnitee to represent it within a reasonable time after notice of
the institution of such action; or (iv) the Domestic Borrower shall authorize in writing such
Indemnitee to employ separate counsel at the
Domestic Borrower’s expense. The Domestic Borrower will not be liable under this Agreement
for any amount paid by an Indemnitee to settle any claims or actions if the settlement is entered
into without the Domestic Borrower’s consent, which consent may not be withheld or delayed unless
such settlement is unreasonable in light of such claims or actions against, and defenses available
to, such Indemnitee.

 

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(d) Except as expressly provided in Section 9.05(a) with respect to Other Taxes, which shall
not be duplicative with any amounts paid pursuant to Section 2.16, this Section 9.05 shall not
apply to Taxes.

Section 9.06 Right of Set-off. Subject to Section 9.23, if an Event of Default shall
have occurred and be continuing, each Lender and each Issuing Bank is hereby authorized at any time
and from time to time, to the fullest extent permitted by law, to set off and apply any and all
deposits (general or special, time or demand, provisional or final) at any time held and other
indebtedness at any time owing by such Lender or such Issuing Bank to or for the credit or the
account of (a) any Domestic Loan Party or any other Domestic Subsidiary, against any and all
obligations of the Domestic Loan Parties, (b) any French Loan Party or any of its Subsidiaries,
against any and all of the French Obligations, and (c) any other Foreign Loan Party or any of its
Foreign Subsidiaries, against any and all of the obligations of such Foreign Loan Party, in each
case, now or hereafter existing under this Agreement or any other Loan Document held by such Lender
or such Issuing Bank, irrespective of whether or not such Lender or such Issuing Bank shall have
made any demand under this Agreement or such other Loan Document and although the obligations may
be unmatured. The rights of each Lender and each Issuing Bank under this Section 9.06 are in
addition to other rights and remedies (including other rights of set-off) that such Lender or such
Issuing Bank may have.

Section 9.07 Applicable Law. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (OTHER THAN
LETTERS OF CREDIT AND AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

Section 9.08 Waivers; Amendment.

(a) No failure or delay of the Agents, any Issuing Bank or any Lender in exercising any right
or power hereunder or under any Loan Document shall operate as a waiver thereof, nor shall any
single or partial exercise of any such right or power, or any abandonment or discontinuance of
steps to enforce such a right or power, preclude any other or further exercise thereof or the
exercise of any other right or power. The rights and remedies of the Agents, each Issuing Bank and
the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of
any rights or remedies that they would otherwise have. No waiver of any provision of this
Agreement or any other Loan Document or consent to any departure by any Borrower or any other Loan
Party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b)
below, and then such waiver or consent shall be effective only in the specific instance and for the
purpose for which given. No notice or demand on any Borrower or any other Loan Party in any case
shall entitle such Person to any other or further notice or demand in similar or other
circumstances.

 

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(b) Neither this Agreement nor any other Loan Document nor any provision hereof or thereof may
be waived, amended or modified except (x) in the case of this Agreement, pursuant to an agreement
or agreements in writing entered into by the Borrowers and the Required Lenders and (y) in the case
of any other Loan Document, pursuant to an agreement or agreements in writing entered into by each
party thereto and the Collateral Agent and consented to by the Required Lenders; provided, however,
that no such agreement shall

(i) decrease or forgive the principal amount of, or extend the final maturity of, or
decrease the rate of interest on, any Loan or any L/C Disbursement, without the prior
written consent of each Lender directly affected thereby; provided that any amendment to the
financial covenant definitions in this Agreement shall not constitute a reduction in the
rate of interest for purposes of this clause (i),

(ii) increase or extend the Commitment of any Lender or decrease the Commitment Fees or
L/C Participation Fees or other fees of any Lender without the prior written consent of such
Lender (it being understood that waivers or modifications of conditions precedent,
covenants, Defaults or Events of Default or of a mandatory reduction in the aggregate
Commitments shall not constitute an increase of the Commitments of any Lender),

(iii) amend or modify the provisions of Section 2.19(b) or (c) in a manner that would
by its terms alter the pro rata sharing of payments required thereby, without the prior
written consent of each Lender adversely affected thereby,

(iv) amend or modify the provisions of this Section or the definition of the terms
“Required Lenders,” “Majority Lenders” or any other provision hereof specifying the number
or percentage of Lenders required to waive, amend or modify any rights hereunder or make any
determination or grant any consent hereunder, without the prior written consent of each
Lender adversely affected thereby (it being understood that, with the consent of the
Required Lenders, additional extensions of credit pursuant to this Agreement may be included
in the determination of the Required Lenders on substantially the same basis as the Loans
and Commitments are included on the Closing Date),

(v) release all or substantially all the Collateral or release any Subsidiary Loan
Party from its Guarantee under a Collateral Agreement, unless, in the case of a Subsidiary
Loan Party, all or substantially all the Equity Interests of such Subsidiary Loan Party is
sold or otherwise disposed of in a transaction permitted by this Agreement, without the
prior written consent of each Lender, or

(vi) effect any waiver, amendment or modification that by its terms adversely affects
the rights in respect of payments or Collateral of Lenders participating in any Facility
differently from those of Lenders participating in other Facilities, without the consent of
the Majority Lenders participating in the adversely affected Facility (it being agreed that
the Majority Lenders under the Revolving Facility may waive, in whole or in part, any
prepayment or Commitment reduction of the Revolving Facility required
by Section 2.12 so long as the application of any prepayment or Commitment reduction of
the Revolving Facility still required to be made is not changed);

 

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provided further that no such agreement shall amend, modify or otherwise affect the rights or
duties of the Administrative Agent or an Issuing Bank hereunder without the prior written consent
of the Administrative Agent or such Issuing Bank acting as such at the effective date of such
agreement, as applicable. Each Lender shall be bound by any waiver, amendment or modification
authorized by this Section 9.08 and any consent by any Lender pursuant to this Section 9.08 shall
bind any assignee of such Lender.

(c) Without the consent of any Co-Syndication Agent, Joint Lead Arranger or Lender, the Loan
Parties and the Administrative Agent and/or Collateral Agent may (in their respective sole
discretion, or shall, to the extent required by any Loan Document) enter into any amendment,
modification or waiver of any Loan Document, or enter into any new agreement or instrument, to
effect the granting, perfection, protection, expansion or enhancement of any security interest in
any Collateral or additional property to become Collateral for the benefit of the Secured Parties,
or as required by local law to give effect to, or protect any security interest for the benefit of
the Secured Parties, in any property or so that the security interests therein comply with
applicable law.

(d) Notwithstanding the foregoing, this Agreement may be amended (or amended and restated)
with the written consent of the Required Lenders, the Administrative Agent, and the Borrowers (i)
to add one or more additional credit facilities to this Agreement and to permit the extensions of
credit from time to time outstanding thereunder and the accrued interest and fees in respect
thereof to share ratably in the benefits of this Agreement and the other Loan Documents with the
Loans and the accrued interest and fees in respect thereof and (ii) to include appropriately the
Lenders holding such credit facilities in any determination of the Required Lenders.

Section 9.09 Interest Rate Limitation. Notwithstanding anything herein to the
contrary, if at any time the applicable interest rate, together with all fees and charges that are
treated as interest under applicable law (collectively, the “Charges”), as provided for
herein or in any other document executed in connection herewith, or otherwise contracted for,
charged, received, taken or reserved by any Lender or any Issuing Bank, shall exceed the maximum
lawful rate (the “Maximum Rate”) that may be contracted for, charged, taken, received or
reserved by such Lender in accordance with applicable law, the rate of interest payable hereunder,
together with all Charges payable to such Lender or such Issuing Bank, shall be limited to the
Maximum Rate, provided that such excess amount shall be paid to such Lender or such Issuing Bank on
subsequent payment dates to the extent not exceeding the legal limitation.

Section 9.10 Entire Agreement. This Agreement, the other Loan Documents and the
agreements regarding certain Fees referred to herein constitute the entire contract between the
parties relative to the subject matter hereof. Any previous agreement among or representations
from the parties or their Affiliates with respect to the subject matter hereof is superseded by
this Agreement and the other Loan Documents. Notwithstanding the foregoing, the Fee Letter shall
survive the execution and delivery of this Agreement and remain in full force and effect. Nothing
in this Agreement or in the other Loan Documents, expressed or implied, is intended to
confer upon any party other than the parties hereto and thereto any rights, remedies,
obligations or liabilities under or by reason of this Agreement or the other Loan Documents.

 

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Section 9.11 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY
OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR
ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT
AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN
DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION 9.11.

Section 9.12 Severability. In the event any one or more of the provisions contained
in this Agreement or in any other Loan Document should be held invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining provisions contained herein
and therein shall not in any way be affected or impaired thereby. The parties shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal
or unenforceable provisions.

Section 9.13 Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall constitute an original but all of which, when taken together,
shall constitute but one contract, and shall become effective as provided in Section 9.03.
Delivery of an executed counterpart to this Agreement by facsimile transmission shall be as
effective as delivery of a manually signed original.

Section 9.14 Headings. Article and Section headings and the Table of Contents used
herein are for convenience of reference only, are not part of this Agreement and are not to affect
the construction of, or to be taken into consideration in interpreting, this Agreement.

Section 9.15 Jurisdiction; Consent to Service of Process.

(a) Each of the Borrowers hereby irrevocably and unconditionally submits, for itself and its
property, to the nonexclusive jurisdiction of any New York State court or federal court of the
United States of America sitting in New York City, and any appellate court from any thereof, in any
action or proceeding arising out of or relating to this Agreement or the other Loan Documents, or
for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably
and unconditionally agrees that all claims in respect of any such action or proceeding may be heard
and determined in such New York State or, to the extent permitted by law, in such federal court.
Each Borrower further irrevocably consents to the service of process in any action or proceeding in
such courts by the mailing thereof by any parties thereto by registered or certified mail, postage
prepaid, to such Borrower at the address

 

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specified
for the Loan Parties in Section 9.01(a). Each Foreign Borrower hereby further agrees that service of
process in any such action or proceeding brought in any such New York state court or in any such
federal court may be made upon the Domestic Borrower at its address specified in Section 9.01(a),
and each Foreign Borrower hereby irrevocably appoints the Domestic Borrower as its authorized agent
to accept such service of process, and hereby irrevocably agrees that the failure of the Domestic
Borrower to give any notice of such service to such Borrower shall not impair or affect the
validity of such service or of any judgment rendered in any action or proceeding based thereon.
Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by law. Nothing in this Agreement shall affect any right that any Lender or any
Issuing Bank may otherwise have to bring any action or proceeding relating to this Agreement or the
other Loan Documents against any Borrower or any Loan Party or their properties in the courts of
any jurisdiction.

(b) Each of the Borrowers hereby irrevocably and unconditionally waives, to the fullest extent
it may legally and effectively do so, any objection which it may now or hereafter have to the
laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or
the other Loan Documents in any New York State or federal court. Each of the parties hereto hereby
irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to
the maintenance of such action or proceeding in any such court.

Section 9.16 Confidentiality. Each of the Lenders, each Issuing Bank and each of the
Agents agrees that it shall maintain in confidence any information relating to the Borrowers and
the other Loan Parties furnished to it by or on behalf of the Borrowers or the other Loan Parties
(other than information that (a) has become generally available to the public other than as a
result of a disclosure by such party, (b) has been independently developed by such Lender, such
Issuing Bank or such Agent without violating this Section 9.16 or (c) was available to such Lender,
such Issuing Bank or such Agent from a third party having, to such Person’s knowledge, no
obligations of confidentiality to any Borrower or any other Loan Party) and shall not reveal the
same other than to its directors, trustees, officers, employees and advisors with a need to know or
to any Person that approves or administers the Loans on behalf of such Lender (so long as each such
Person shall have been instructed to keep the same confidential in accordance with this Section
9.16), except: (i) to the extent necessary to comply with law or any legal process or the
requirements of any Governmental Authority, the National Association of Insurance Commissioners or
of any securities exchange on which securities of the disclosing party or any Affiliate of the
disclosing party are listed or traded, (ii) as part of normal reporting or review procedures to
Governmental Authorities or the National Association of Insurance Commissioners, (iii) to its
parent companies, Affiliates or auditors (so long as each such Person shall have been instructed to
keep the same confidential in accordance with this Section 9.16), (iv) in order to enforce its
rights under any Loan Document in a legal proceeding, (v) to any prospective assignee of, or
prospective Participant in, any of its rights under this Agreement (so long as such Person shall
have been instructed to keep the same confidential in accordance with this Section 9.16) and (vi)
to any direct or indirect contractual counterparty in Swap Agreements or such contractual
counterparty’s professional advisor (so long as such contractual counterparty or professional
advisor to such contractual counterparty agrees to be bound by the provisions of this Section).

 

122

 

Section 9.17 Direct Website Communications.

(a) Delivery.

(i) Each Loan Party hereby agrees that it will use all reasonable efforts to provide to
the Administrative Agent all information, documents and other materials that it is obligated
to furnish to the Administrative Agent pursuant to this Agreement and any other Loan
Document, including, without limitation, all notices, requests, financial statements,
financial and other reports, certificates and other information materials, but excluding any
such communication that (A) relates to a request for a new, or a conversion of an existing,
borrowing or other extension of credit (including any election of an interest rate or
interest period relating thereto), (B) relates to the payment of any principal or other
amount due under this Agreement prior to the scheduled date therefor, (C) provides notice of
any Default or Event of Default under this Agreement or (D) is required to be delivered to
satisfy any condition precedent to the effectiveness of this Agreement and/or any borrowing
or other extension of credit hereunder (all such non-excluded communications collectively,
the “Communications”), by transmitting the Communications in an electronic/soft
medium in a format reasonably acceptable to the Administrative Agent to Intralinks. Nothing
in this Section 9.17 shall prejudice the right of the Agents, the Co-Syndication Agents, the
Joint Lead Arrangers or any Lender or any Loan Party to give any notice or other
communication pursuant to this Agreement or any other Loan Document in any other manner
specified in this Agreement or any other Loan Document.

(ii) The Administrative Agent agrees that receipt of the Communications by the
Administrative Agent at its e mail address set forth above shall constitute effective
delivery of the Communications to the Administrative Agent for purposes of the Loan
Documents. Each Lender agrees that notice to it (as provided in the next sentence)
specifying that the Communications have been posted to the Platform (as defined below) shall
constitute effective delivery of the Communications to such Lender for purposes of the Loan
Documents. Each Lender agrees (A) to notify the Administrative Agent in writing (including
by electronic communication) from time to time of such Lender’s e mail address to which the
foregoing notice may be sent by electronic transmission and (B) that the foregoing notice
may be sent to such e mail address.

(b) Posting. Each Loan Party further agrees that the Administrative Agent may make
the Communications available to the Lenders by posting the Communications on Intralinks or a
substantially similar electronic transmission system (the “Platform”).

(c) Disclaimers. The Platform is provided “as is” and “as available.” The Agent
Parties (as defined below) do not warrant the accuracy or completeness of the Communications, or
the adequacy of the Platform and expressly disclaim liability for errors or omissions in the
communications. No warranty of any kind, express, implied or statutory, including, without
limitation, any warranty of merchantability, fitness for a particular purpose, non-infringement of
third party rights or freedom from viruses or other code defects, is made by any Agent Party in
connection with the Communications or the Platform. In no event shall the
Administrative Agent or any of its affiliates or any of their respective officers, directors,
employees, agents advisors or representatives (collectively, “Agent Parties”) have any
liability to the Loan Parties, any Lender or any other Person or entity for damages of any kind,
including, without limitation, direct or indirect, special, incidental or consequential damages,
losses or expenses (whether in tort, contract or otherwise) arising out of any Loan Party’s or the
Administrative Agent’s transmission of communications through the internet, except to the extent
the liability of any Agent Party is found in a final non-appealable judgment by a court of
competent jurisdiction to have resulted primarily from such Agent Party’s gross negligence or
willful misconduct.

 

123

 

Section 9.18 Release of Liens and Guarantees. In the event that any Loan Party
conveys, sells, leases, assigns, transfers or otherwise disposes of all or any portion of any of
the Equity Interests or assets of any Subsidiary Loan Party (other than the Equity Interests of a
Borrower) to a Person that is not (and is not required to become) a Loan Party in a transaction not
prohibited by Section 6.05, the Administrative Agent and the Collateral Agent shall promptly (and
the Lenders hereby authorize the Administrative Agent and the Collateral Agent to) take such action
and execute any such documents as may be reasonably requested by the Borrowers and at the
Borrowers’ expense to release any Liens created by any Loan Document in respect of such Equity
Interests, and, in the case of a disposition of the Equity Interests of any Subsidiary Loan Party
that is not a Borrower in a transaction permitted by Section 6.05 and as a result of which such
Subsidiary Loan Party would cease to be a Subsidiary, terminate such Subsidiary Loan Party’s
obligations under its Guarantee. In addition, the Administrative Agent and the Collateral Agent
agree to take such actions as are reasonably requested by the Borrowers and at the Borrowers’
expense to terminate the Liens and security interests created by the Loan Documents when all the
Obligations are paid in full and all Letters of Credit and Commitments are terminated. Any
representation, warranty or covenant contained in any Loan Document relating to any such Equity
Interests, asset or Subsidiary of the Domestic Borrower shall no longer be deemed to be made once
such Equity Interests or asset is so conveyed, sold, leased, assigned, transferred or disposed of.

Section 9.19 U.S. Patriot Act. Each Lender hereby notifies each Loan Party that
pursuant to the requirements of the U.S. Patriot Act, it is required to obtain, verify and record
information that identifies Loan Parties, which information includes the name and address of each
Loan Party and other information that will allow the Lenders to identify such Loan Party in
accordance with the U.S. Patriot Act.

Section 9.20 Judgment.

(a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum
due hereunder in Dollars into another currency, the parties hereto agree, to the fullest extent
that they may effectively do so, that the rate of exchange used shall be that at which in
accordance with normal banking procedures the Administrative Agent could purchase Dollars with such
other currency at JPMorgan’s principal office in London at 11:00 a.m. (London time) on the Business
Day preceding that on which final judgment is given.

(b) If for the purposes of obtaining judgment in any court it is necessary to convert a sum
due hereunder in a Foreign Currency into Dollars, the parties agree to the fullest
extent that they may effectively do so, that the rate of exchange used shall be that at which
in accordance with normal banking procedures the Administrative Agent could purchase such Foreign
Currency with Dollars at JPMorgan’s principal office in London at 11:00 a.m. (London time) on the
Business Day preceding that on which final judgment is given.

 

124

 

(c) The obligation of each Borrower in respect of any sum due from it in any currency (the
“Primary Currency”) to any Lender or the Administrative Agent hereunder shall,
notwithstanding any judgment in any other currency, be discharged only to the extent that on the
Business Day following receipt by such Lender or the Administrative Agent (as the case may be), of
any sum adjudged to be so due in such other currency, such Lender or the Administrative Agent (as
the case may be) may in accordance with normal banking procedures purchase the applicable Primary
Currency with such other currency; if the amount of the applicable Primary Currency so purchased is
less than such sum due to such Lender or the Administrative Agent (as the case may be) in the
applicable Primary Currency, each Borrower agrees, as a separate obligation and notwithstanding any
such judgment, to indemnify such Lender or the Administrative Agent (as the case may be) against
such loss, and if the amount of the applicable Primary Currency so purchased exceeds such sum
originally due to any Lender or the Administrative Agent (as the case may be) in the applicable
Primary Currency, such Lender or the Administrative Agent (as the case may be) agrees to remit to
such Borrower such excess.

Section 9.21 Substitution of Currency. If a change in any Foreign Currency occurs
pursuant to any applicable law, rule or regulation of any governmental, monetary or multi-national
authority, this Agreement (including, without limitation, the definition of Adjusted LIBO Rate)
will be amended to the extent determined by the Administrative Agent (acting reasonably and in
consultation with the Borrowers) to be necessary to reflect the change in currency and to put the
Lenders and the Borrowers in the same position, so far as possible, that they would have been in if
no change in such Foreign Currency had occurred.

Section 9.22 Termination or Release. The Security Documents, the guarantees made
therein, the Security Interest (as defined therein) and all other security interests granted
thereby shall terminate, and a Subsidiary Loan Party shall automatically be released from its
obligations thereunder and the security interests in the Collateral granted by any Loan Party shall
be automatically released, in each case in accordance with Section 7.14 of the Domestic Collateral
Agreement or the comparable provisions of the other Collateral Agreements.

Section 9.23 Pledge and Guarantee Restrictions. Notwithstanding any provision of this
Agreement or any other Loan Document to the contrary (including any provision that would otherwise
apply notwithstanding other provisions or that is the beneficiary of other overriding language):

(a) (i) no more than 65% of the issued and outstanding Equity Interests of (A) any Foreign
Borrower or any Foreign Subsidiary or (B) any Domestic Subsidiary substantially all of whose assets
consist of the Equity Interests in “controlled foreign corporations” under Section 957 of the Code
shall be pledged or similarly hypothecated to guarantee, secure or support any Obligation of any
Domestic Loan Party;

(ii) no Foreign Subsidiary or any Domestic Subsidiary substantially all of whose assets
consist of the Equity Interests in “controlled foreign corporations” under Section 957 of
the Code shall guarantee or support any Obligation of any Domestic Loan Party;

 

125

 

(iii) no security or similar interest shall be granted in the assets of any Foreign
Subsidiary or any Domestic Subsidiary substantially all of whose assets consist of the
Equity Interests in “controlled foreign corporations under Section 957 of the Code
(including indirectly by way of an offset or otherwise) which security or similar interests
guarantees or supports any Obligation of any Domestic Loan Party;

(b) no Subsidiary shall guarantee or support any Obligation of any Loan Party if such
guarantee or support would contravene the Agreed Security Principles;

(c) (i) no Foreign Subsidiary shall guarantee or support any Obligation of any Foreign Loan
Party unless such Foreign Subsidiary directly owns or is owned directly by such Foreign Loan Party
and is organized under the same jurisdiction as such Foreign Loan Party;

(ii) no security or similar interest shall be granted in the assets of any Foreign
Subsidiary (including indirectly by way of an offset or otherwise) which security or similar
interest guarantees or supports any Obligation of any Foreign Loan Party unless such Foreign
Subsidiary directly owns or is owned directly by such Foreign Loan Party and is organized
under the same jurisdiction as such Foreign Loan Party.

The parties hereto agree that any pledge, guaranty or security or similar interest made or granted
in contravention of this Section 9.23 shall be void ab initio.

Section 9.24 Matters Pertaining to the French Borrower and to Any Additional Foreign
Borrower Organized Under the Laws of France.

(a) The Lenders as of the Closing Date participating in any loan to the French Borrower and to
any Additional Foreign Borrower organized under the laws of France (if any) represent and warrant
(i) that they are duly authorized to carry out credit transaction in France pursuant to applicable
laws and regulations of France or the European Union and (ii) that participations in loans to any
French Borrower and to any Additional Foreign Borrower organized under the laws of France (if any)
and commitments to lend to any French Borrower and to any Additional Foreign Borrower organized
under the laws of France (if any) under this Agreement shall only be assigned or transferred to
institutions that are duly authorized to carry out credit transactions in France, or which may
legally acquire rights under loans to a French borrower under applicable laws and regulations of
France.

(b) To comply with the provisions of articles L.313-4 of the French Monetary and Financial
Code and articles L. 313-1 and L. 313-2 of the French Code de la consommation, the French Borrower
hereby acknowledges that the effective global rate (taux effectif global or “TEG”) for the
Revolving Facility Loans cannot be calculated for the total duration of this agreement, primarily
because of the floating rate of interest applicable to such Loans and the ability of the French
Borrower to select the duration of each Interest Period. Accordingly, on the date hereof, an
example of calculation of the effective global rate, based upon certain
assumptions and in particular the initial levels of the rate of interest and of charges, is
provided to the French Borrower by way of delivery of a TEG letter by the Administrative Agent in a
form reasonably acceptable to the French Borrower. In addition, in the event that any French
Subsidiary Loan Party will become an Additional Foreign Borrower under the Revolving Facility, the
Credit Agreement Supplement for such Additional Foreign Borrower shall contain an acknowledgement
of such Additional Foreign Borrower similar to the acknowledgement of the French Borrower contained
in this Section 9.24 and a TEG letter substantially in the same form as the TEG letter delivered to
the French Borrower. Any TEG letter delivered pursuant to this Section 9.24 shall form an integral
part of this agreement.

 

126

 

Section 9.25 Reaffirmation of Letters of Credit. The Borrowers hereby reaffirm the
validity of and their obligations (including but not limited to any obligations under the Domestic
Collateral Agreement or the Foreign Guarantee) under all Letters of Credit issued, amended, renewed
or extended under the Existing Credit Agreement and outstanding on the Closing Date, including any
such Letters of Credit issued for the account of the UK Borrower, as defined in the Existing Credit
Agreement.

Section 9.26 No Advisory or Fiduciary Responsibility. In connection with all aspects
of each transaction contemplated hereby (including in connection with any amendment, waiver or
other modification hereof or of any other Loan Document), the Domestic Borrower, the French
Borrower and each other Loan Party acknowledges and agrees and acknowledges its Affiliates’
understanding that that: (a)(i) the services regarding this Agreement provided by the
Administrative Agent and/or Lenders are arm’s-length commercial transactions between the Domestic
Borrower, the French Borrower, each other Loan Party and their respective Affiliates, on the one
hand, and the Administrative Agent and the Lenders, on the other hand, (ii) each of the Domestic
Borrower, the French Borrower and the other Loan Parties have consulted their own legal,
accounting, regulatory and tax advisors to the extent they have deemed appropriate, and (iii) the
Domestic Borrower, the French Borrower and each other Loan Party is capable of evaluating and
understanding, and understands and accepts, the terms, risks and conditions of the transactions
contemplated hereby and by the other Loan Documents; (b)(i) each of the Administrative Agent and
Lenders is and has been acting solely as a principal and, except as expressly agreed in writing by
the relevant parties, has not been, is not, and will not be acting as an advisor, agent or
fiduciary, for the Domestic Borrower, the French Borrower, any other Loan Party, or any of their
respective Affiliates, or any other Person and (ii) neither the Administrative Agent nor any Lender
has any obligation to Borrower, any other Loan Party or any of their Affiliates with respect to
the transaction contemplated hereby except those obligations expressly set forth herein and in the
other Loan Documents; and (c) the Administrative Agent, the Lenders and their respective Affiliates
may be engaged in a broad range of transactions that involve interests that differ from those of
the Domestic Borrower, the French Borrower, the other Loan Parties and their respective Affiliates,
and each of the Administrative Agent and Lenders has no obligation to disclose any of such
interests to the Domestic Borrower, the French Borrower, any other Loan Party of any of their
respective Affiliates. To the fullest extent permitted by law, each of the Domestic Borrower, the
French Borrower and the other Loan Parties hereby waive and release any claims that it may have
against the Administrative Agent and each Lender with respect to any breach or alleged breach of
agency or fiduciary duty in connection with any aspect of any
transaction contemplated hereby.

 

127

 

[Signature Pages Follow]

 

128

 

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

	 	 	 	 	 
	 	DRESSER RAND GROUP INC.,

as the Domestic Borrower

 	 
	 	By:  	/s/ Vincent R. Volpe Jr.
 	 
	 	 	Name:  	Vincent R. Volpe Jr. 	 
	 	 	Title:  	President and Chief Executive Officer 	 

	 	 	 	 	 
	 	D-R HOLDINGS (France) S.A.S.,

as the French Borrower

 	 
	 	By:  	/s/ Nicoletta Giadrossi
 	 
	 	 	Name:  	Nicoletta Giadrossi 	 
	 	 	Title:  	President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	JPMorgan Chase Bank, N.A.,

as Administrative Agent and as Lender

 	 
	 	By:  	/s/ Preeti Bhatnagar
 	 
	 	 	Name:  	Preeti Bhatnagar 	 
	 	 	Title:  	Authorized Officer 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	J.P. Morgan Europe Limited,

as European Administrative Agent

 	 
	 	By:  	/s/ Alastair Stevenson
 	 
	 	 	Name:  	Alastair Stevenson 	 
	 	 	Title:  	Managing Director 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Bank of America, N.A.,

as Co-Syndication Agent and as Lender

 	 
	 	By:  	/s/ Julie Castano
 	 
	 	 	Name:  	Julie Castano 	 
	 	 	Title:  	Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Commerzbank AG, New York and Grand Cayman Branch,

as Co-Syndication Agent and as Lender

 	 
	 	By:  	/s/ Diane Pockaj
 	 
	 	 	Name:  	Diane Pockaj 	 
	 	 	Title:  	Managing Director 	 
	 	 	 
	 	By:  	     /s/ Matthew Havens
 	 
	 	 	Name:  	Matthew Havens 	 
	 	 	Title:  	Assistant Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	DnB NOR Bank ASA,

as Co-Syndication Agent and as Lender

 	 
	 	By:  	/s/ Phillip F. Kurpiewski
 	 
	 	 	Name:  	Philip F. Kurpiewski 	 
	 	 	Title:  	Senior Vice President 	 

	 	 	 	 	 
	 	By:  	     /s/ Kristin Riise
 	 
	 	 	Name:  	Kristin Riise 	 
	 	 	Title:  	First Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Sovereign Bank,

as Co-Syndication Agent and as Lender

 	 
	 	By:  	/s/ Arlene S. Pedovitch
 	 
	 	 	Name:  	Arlene S. Pedovitch 	 
	 	 	Title:  	Senior Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Wells Fargo Bank, N.A.,

as Co-Syndication Agent and as Lender

 	 
	 	By:  	/s/ J. C. Hernandez
 	 
	 	 	Name:  	J. C. Hernandez 	 
	 	 	Title:  	Director 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	The Bank of Tokyo-Mitsubishi UFJ, Ltd.,

as a Lender

 	 
	 	By:  	/s/ Laurance Bressler
 	 
	 	 	Name:  	Laurance Bressler 	 
	 	 	Title:  	Authorized Signatory 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Compass Bank,

as a Lender

 	 
	 	By:  	/s/ Payton K. Swope
 	 
	 	 	Name:  	Payton K. Swope 	 
	 	 	Title:  	Vice-President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Citicorp North America, Inc.,

as a Lender

 	 
	 	By:  	/s/ Brian Reed
 	 
	 	 	Name:  	Brian Reed 	 
	 	 	Title:  	V.P. 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	HSBC Bank USA, N.A.,

as a Lender

 	 
	 	By:  	/s/ Dale Wilson
 	 
	 	 	Name:  	Dale Wilson 	 
	 	 	Title:  	Senior Vice President

	 

	 	 	 	 	 
	 	By:  	/s/ Bruce Robinson
 	 
	 	 	Name:  	Bruce Robinson	 
	 	 	Title:  	 Vice President 

	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Sumimoto Mitsui Banking Corporation,

as a Lender

 	 
	 	By:  	/s/ Masakazu Hasegawa
 	 
	 	 	Name:  	Masakazu Hasegawa 	 
	 	 	Title:  	General Manager 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Barclays Bank PLC,

as a Lender

 	 
	 	By:  	/s/ David Davies
 	 
	 	 	Name:  	David Davies 	 
	 	 	Title:  	Director 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	U.S. Bank National Bank,

as a Lender

 	 
	 	By:  	/s/ John Prigge
 	 
	 	 	Name:  	John Prigge 	 
	 	 	Title:  	Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Branch Banking and Trust Co.,

as a Lender

 	 
	 	By:  	/s/ De Von J. Lang
 	 
	 	 	Name:  	De Von J. Lang 	 
	 	 	Title:  	Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Comerica Bank,

as a Lender

 	 
	 	By:  	/s/ Eoin Collins
 	 
	 	 	Name:  	Eoin Collins 	 
	 	 	Title:  	Senior Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Morgan Stanley Senior Funding, Inc.,

as a Lender

 	 
	 	By:  	/s/ Ryan Vetsch
 	 
	 	 	Name:  	Ryan Vetsch 	 
	 	 	Title:  	Authorized Signatory 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	Morgan Stanley Senior Funding, Inc.,

as a Lender

 	 
	 	By:  	/s/ B. Saini
 	 
	 	 	Name:  	B. Saini 	 
	 	 	Title:  	Executive Director 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

	 	 	 	 	 
	 	The Northern Trust Company,

as a Lender

 	 
	 	By:  	/s/ Keith L. Burson
 	 
	 	 	Name:  	Keith L. Burson 	 
	 	 	Title:  	Vice President 	 

[Signature Page to Dresser-Rand Credit Agreement]

 

 

 

Schedule 1.01(a)

Certain Subsidiaries

Dresser-Rand Holding (Delaware) LLC

 

 

 

Schedule 2.01

Commitments

Revolving Facility Commitments

	 	 	 	 	 	 	 	 	 
	 	 	Applicable	 	 	 	 
	Name of Lender	 	Percentage	 	 	Maximum Credit Amount	 
	JPMorgan Chase Bank, N.A.
	 	 	9.00	%	 	$	54,000,000.00	 
	Bank of America, N.A.
	 	 	8.50	%	 	$	51,000,000.00	 
	Commerzbank AG, New York and Grand
Cayman Branch
	 	 	8.50	%	 	$	51,000,000.00	 
	DnB NOR Bank ASA
	 	 	8.50	%	 	$	51,000,000.00	 
	Sovereign Bank
	 	 	8.50	%	 	$	51,000,000.00	 
	Wells Fargo Bank, N.A.
	 	 	8.50	%	 	$	51,000,000.00	 
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	 	 	6.50	%	 	$	39,000,000.00	 
	Compass Bank
	 	 	6.50	%	 	$	39,000,000.00	 
	Citicorp North America, Inc.
	 	 	6.50	%	 	$	39,000,000.00	 
	HSBC Bank USA, N.A.
	 	 	6.50	%	 	$	39,000,000.00	 
	Sumitomo Mitsui Banking Corporation
	 	 	6.50	%	 	$	39,000,000.00	 
	Barclays Bank PLC
	 	 	4.00	%	 	$	24,000,000.00	 
	U.S. Bank National Bank
	 	 	4.00	%	 	$	24,000,000.00	 
	Branch Banking and Trust Co.
	 	 	2.00	%	 	$	12,000,000.00	 
	Comerica Bank
	 	 	2.00	%	 	$	12,000,000.00	 
	Morgan Stanley Bank International
Limited
	 	 	2.00	%	 	$	12,000,000.00	 
	The Northern Trust Company
	 	 	2.00	%	 	$	12,000,000.00	 
	 
	 	 	 	 	 	 	 	 
	TOTAL
	 	 	100.00	%	 	$	600,000,000.00	 

Term Facility Commitments

	 	 	 	 	 	 	 	 	 
	 	 	Applicable	 	 	 	 
	Name of Lender	 	Percentage	 	 	Maximum Credit Amount	 
	JPMorgan Chase Bank, N.A.
	 	 	9.00	%	 	$	14,400,000.00	 
	Bank of America, N.A.
	 	 	8.50	%	 	$	13,600,000.00	 
	Commerzbank AG, New York and Grand
Cayman Branch
	 	 	8.50	%	 	$	13,600,000.00	 
	DnB NOR Bank ASA
	 	 	8.50	%	 	$	13,600,000.00	 
	Sovereign Bank
	 	 	8.50	%	 	$	13,600,000.00	 
	Wells Fargo Bank, N.A.
	 	 	8.50	%	 	$	13,600,000.00	 
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	 	 	6.50	%	 	$	10,400,000.00	 
	Compass Bank
	 	 	6.50	%	 	$	10,400,000.00	 
	Citicorp North America, Inc.
	 	 	6.50	%	 	$	10,400,000.00	 

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	Applicable	 	 	 	 
	Name of Lender	 	Percentage	 	 	Maximum Credit Amount	 
	HSBC Bank USA, N.A.
	 	 	6.50	%	 	$	10,400,000.00	 
	Sumitomo Mitsui Banking Corporation
	 	 	6.50	%	 	$	10,400,000.00	 
	Barclays Bank PLC
	 	 	4.00	%	 	$	6,400,000.00	 
	U.S. Bank National Association
	 	 	4.00	%	 	$	6,400,000.00	 
	Branch Banking and Trust Co.
	 	 	2.00	%	 	$	3,200,000.00	 
	Comerica Bank
	 	 	2.00	%	 	$	3,200,000.00	 
	Morgan Stanley Bank, N.A.
	 	 	2.00	%	 	$	3,200,000.00	 
	The Northern Trust Company
	 	 	2.00	%	 	$	3,200,000.00	 
	 
	 	 	 	 	 	 	 	 
	TOTAL
	 	 	100.00	%	 	$	160,000,000.00	 

Delayed Draw Commitments

	 	 	 	 	 	 	 	 	 
	 	 	Applicable	 	 	 	 
	Name of Lender	 	Percentage	 	 	Maximum Credit Amount	 
	JPMorgan Chase Bank, N.A.
	 	 	9.00	%	 	$	21,600,000.00	 
	Bank of America, N.A.
	 	 	8.50	%	 	$	20,400,000.00	 
	Commerzbank AG, New York and Grand
Cayman Branch
	 	 	8.50	%	 	$	20,400,000.00	 
	DnB NOR Bank ASA
	 	 	8.50	%	 	$	20,400,000.00	 
	Sovereign Bank
	 	 	8.50	%	 	$	20,400,000.00	 
	Wells Fargo Bank, N.A.
	 	 	8.50	%	 	$	20,400,000.00	 
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	 	 	6.50	%	 	$	15,600,000.00	 
	Compass Bank
	 	 	6.50	%	 	$	15,600,000.00	 
	Citicorp North America, Inc.
	 	 	6.50	%	 	$	15,600,000.00	 
	HSBC Bank USA, N.A.
	 	 	6.50	%	 	$	15,600,000.00	 
	Sumitomo Mitsui Banking Corporation
	 	 	6.50	%	 	$	15,600,000.00	 
	Barclays Bank PLC
	 	 	4.00	%	 	$	9,600,000.00	 
	U.S. Bank National Bank
	 	 	4.00	%	 	$	9,600,000.00	 
	Branch Banking and Trust Co.
	 	 	2.00	%	 	$	4,800,000.00	 
	Comerica Bank
	 	 	2.00	%	 	$	4,800,000.00	 
	Morgan Stanley Bank, N.A.
	 	 	2.00	%	 	$	4,800,000.00	 
	The Northern Trust Company
	 	 	2.00	%	 	$	4,800,000.00	 
	 
	 	 	 	 	 	 	 	 
	TOTAL
	 	 	100.00	%	 	$	240,000,000.00	 

 

 

 

Schedule 3.01

Organization and Good Standing

None.

 

 

 

Schedule 3.04

Governmental Approvals

None.

 

 

 

Schedule 3.07(e)

Condemnation Proceedings

None.

 

 

 

Schedule 3.07(g)

Subsidiaries

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	%	 
	 	 	 	 	 	 	Equity	 
	Name	 	Jurisdiction	 	Equity Holder(s)	 	Held	 
	Dresser-Rand (SEA) Pte. Ltd.
	 	Australia	 	Dresser-Rand Asia Pacific Sdn. Bhd.	 	 	100	%
	Dresser-Rand Machinery Repair Belgie N.V. 
	 	Belgium	 	Dresser-Rand Company	 	 	99	%
	 
	 	 	 	Dresser-Rand B.V.	 	 	1	%
	Dresser-Rand do Brazil Ltda.
	 	Brazil	 	Dresser-Rand Holding (Delaware) LLC	 	 	51	%
	 
	 	 	 	Dresser-Rand Asia Pacific Sdn. Bhd.	 	 	48	%
	Dresser-Rand Comercio e Industria Ltda.
	 	Brazil	 	Dresser-Rand Power, LLC	 	 	99	%
	 
	 	 	 	Dresser-Rand AS	 	 	1	%
	Dresser-Rand Canada, Inc.
	 	Canada	 	D-R Holdings (France) S.A.S.	 	 	100	%
	D-R International Sales LLC
	 	Cayman Islands	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	Dresser-Rand Engineered Equipment (Shanghai), Ltd.
	 	China	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	Dresser-Rand Colombia Ltda.
	 	Colombia	 	Dresser-Rand B.V.	 	 	100	%
	Dresser-Rand Czech, spol. s.r.o.
	 	Czech Republic	 	Dresser-Rand Services B.V.	 	 	100	%
	D-R Holdings (France) S.A.S.
	 	France	 	D-R Luxembourg Holding 1 S.A.R.L.	 	 	100	%
	Dresser-Rand S.A.
	 	France	 	D-R Holdings (France) S.A.S.	 	 	99	%
	 
	 		 	Other Dresser-Rand Companies	 	 	1	%
	D-R Holdings (Germany) GmbH
	 	Germany	 	D-R Holdings (France) S.A.S.	 	 	100	%
	Dresser-Rand GmbH
	 	Germany	 	D-R Holdings (Germany) GmbH	 	 	100	%

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	%	 
	 	 	 	 	 	 	Equity	 
	Name	 	Jurisdiction	 	Equity Holder(s)	 	Held	 
	D-R Nadrowski Holding GmbH
	 	Germany	 	D-R Holdings (Germany) GmbH	 	 	100	%
	Dresser-Rand India Private Ltd.
	 	India	 	Dresser-Rand Company	 	 	100	%
	PT Dresser-Rand Services Indonesia
	 	Indonesia	 	Dresser-Rand Services B.V.	 	 	90	%
	 
	 	 	 	D-R Asia Pacific Sdn. Bhd.	 	 	10	%
	Dresser-Rand Italia S.r.l.
	 	Italy	 	Dresser-Rand Company	 	 	100	%
	Dresser-Rand Japan Ltd.
	 	Japan	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	D-R Luxembourg Holding 1 S.A.R.L.
	 	Luxembourg	 	Dresser-Rand Group Inc.	 	 	100	%
	D-R Luxembourg Holding 2 S.A.R.L.
	 	Luxembourg	 	D-R Luxembourg Holding 1 S.A.R.L.	 	 	100	%
	Dresser-Rand & Enserv Services Sdn. Bhd.
	 	Malaysia	 	Dresser-Rand Holding (Delaware) LLC	 	 	49	%
	Dresser-Rand Services S. de R.L. de C.V.
	 	Mexico	 	Dresser-Rand Company	 	 	99	%
	Dresser-Rand de Mexico S.A. de C.V.
	 	Mexico	 	Dresser-Rand Company	 	 	99	%
	Dresser-Rand B.V.
	 	Netherlands	 	D-R Luxembourg Holding 1 S.A.R.L.	 	 	100	%
	Dresser-Rand International B.V.
	 	Netherlands	 	Dresser-Rand Company	 	 	100	%
	Dresser-Rand Services B.V.
	 	Netherlands	 	Dresser-Rand Company	 	 	100	%
	Dresser-Rand (Nigeria), Ltd.
	 	Nigeria	 	Dresser-Rand Company	 	 	50	%
	D-R Holdings Norway AS
	 	Norway	 	Dresser-Rand B.V.	 	 	100	%
	Dresser-Rand AS
	 	Norway	 	Dresser-Rand B.V.	 	 	100	%
	Dresser-Rand Arabia
	 	Saudi Arabia	 	Dresser-Rand B.V.	 	 	50.1	%

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	%	 
	 	 	 	 	 	 	Equity	 
	Name	 	Jurisdiction	 	Equity Holder(s)	 	Held	 
	Dresser-Rand (SEA) Pte. Ltd.
	 	Singapore	 	Dresser-Rand Power, LLC	 	 	100	%
	Dresser-Rand Southern Africa (Pty) Ltd.
	 	South Africa	 	Dresser-Rand Company Ltd.	 	 	100	%
	Dresser-Rand Property (Pty) Ltd.
	 	South Africa	 	Dresser-Rand Southern Africa (Pty) Ltd.	 	 	100	%
	Dresser-Rand Service Centre (Pty) Ltd.
	 	South Africa	 	Dresser-Rand Southern Africa (Pty) Ltd.	 	 	100	%
	Dresser-Rand Sales Company S.A.
	 	Switzerland	 	Dresser-Rand Holding (Delaware) LLC	 	 	98	%
	Dresser-Rand Services S.a.r.l.
	 	Switzerland	 	Dresser-Rand Sales Company S.A.	 	 	100	%
	Dresser-Rand (Thailand) Limited
	 	Thailand	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	Dresser-Rand Trinidad & Tobago Limited
	 	Trinidad & Tobago	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	D-R Holdings (U.K.) Ltd.
	 	U.K.	 	D-R Holdings (France) S.A.S.	 	 	100	%
	Dresser-Rand (U.K.) Limited
	 	U.K.	 	Dresser-Rand Holdings (U.K.) Ltd.	 	 	99	%
	Dresser-Rand Company Ltd.
	 	U.K.	 	D-R Holdings (U.K.) Ltd.	 	 	100	%
	D-R Dormant Ltd.
	 	U.K.	 	D-R Holdings (U.K.) Ltd.	 	 	100	%
	Dresser-Rand Company
	 	U.S. (New York)	 	Dresser-Rand Group Inc.	 	 	49	%
		 		 	Dresser-Rand LLC	 	 	51	%
	D-R Steam LLC
	 	U.S. (Delaware)	 	Dresser-Rand Group Inc.	 	 	100	%
	Dresser-Rand LLC
	 	U.S. (Delaware)	 	Dresser-Rand Group Inc.	 	 	100	%
	Dresser-Rand Holding (Delaware) LLC
	 	U.S. (Delaware)	 	Dresser-Rand Group Inc.	 	 	100	%

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	%	 
	 	 	 	 	 	 	Equity	 
	Name	 	Jurisdiction	 	Equity Holder(s)	 	Held	 
	Dresser-Rand Services, LLC
	 	U.S. (Delaware)	 	Dresser-Rand Group Inc.	 	 	100	%
	Dresser-Rand International Inc.
	 	U.S. (Delaware)	 	Dresser-Rand Group Inc.	 	 	100	%
	Dresser-Rand Global Services, Inc.
	 	U.S. (Delaware)	 	Dresser-Rand Company	 	 	100	%
	Turbodyne Electric Power Corporation
	 	U.S. (Delaware)	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	Dresser-Rand Overseas Sales Company Limited
	 	U.S. (Delaware)	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%
	Dresser-Rand Power LLC
	 	U.S. (Delaware)	 	Dresser-Rand Group Inc.	 	 	100	%
	Dresser-Rand Services, Inc.
	 	U.S. (Missouri)	 	Dresser-Rand Services LLC	 	 	100	%
	D-R Acquisition LLC
	 	U.S. (Texas)	 	Dresser-Rand Company	 	 	100	%
	Dresser-Rand de Venezuela, S.A.
	 	Venezuela	 	Dresser-Rand Holding (Delaware) LLC	 	 	100	%

 

 

 

Schedule 3.07(h)

Subscriptions

Stock incentive plans, stock option plans and subscription agreements as disclosed on the annual
report of Dresser-Rand Group Inc. on form 10-K, filed February 24, 2011.

 

 

 

Schedule 3.08(a)

Litigation

None.

 

 

 

Schedule 3.08(b)

Violations

See Schedule 3.01.

 

 

 

Schedule 3.12

Taxes

(a)      Not filed at 12/31/10 — any required extensions have been filed:

D-R Canada Inc. — 2009

D-R Holdings (UK) Ltd. — 2009

D-R (UK) Ltd. — 2009

D-R Company Ltd. (UK) — 2009

D-R Arabia — 2009

D-R Holdings (Germany) GmbH — 2009

D-R (Germany) GmbH — 2009

D-R Nadrowski (Germany) GmbH — 2009

D-R B.V. (Netherlands) — 2009

D-R Services B.V. (Netherlands) — 2009

D-R International B.V. (Netherlands) — 2009

(b)       No exceptions.

(c ) Audits with possible material adverse effect

(c)(i)

1. D-R (Nigeria) Ltd. 2005 Income and VAT

(assessment agreed upon, subject to indemnification by Ingersoll-Rand);

2. Dresser-Rand S.A. (France) Italy VAT

(high probability of success)

(c)(ii)

1. D-R (Nigeria) Ltd. 2005 Income and VAT

(assessment agreed upon, subject to indemnification by Ingersoll-Rand);

2. Dresser-Rand S.A. (France) Italy VAT

(high probability of success)
 

(c)(iii)
Audits

	 	 	 	 	 
	 	 	 	 	Period
	 	 	 	 	and
	Jurisdiction	 	Company	 	Type
	Nigeria
	 	Dresser-Rand (Nigeria) Ltd.	 	2006 – 2010; Income

Any material tax amounts due from examination of tax years prior to

October 2004 are subject to indemnification under an agreement with our former owner,
Ingersoll Rand.

 

 

 

Schedule 3.15(vii)

Environmental Matters

There are four underground storage tanks at Dresser-Rand S.A. — France (31 Boulevard Winston
Churchill, Cedex 7013, Le Havre 76080 France).

There is one underground storage tank at Dresser-Rand (U.K.) Limited (Werrington Parkway,
Peterborough Cambridgeshire, PE4 5HG England).

 

 

 

Schedule 3.17(a)

Owned Real Property

UNITED STATES

Iowa

Dresser-Rand Company

P.O. Box 967

Burlington, Iowa 52601

New York

Dresser-Rand Company

Paul Clark Drive

Olean, NY 14760

Certain parcels at this location are leased.

Dresser-Rand Company

37 Coats St. — PO Box 592

Wellsville, NY 14895

Certain parcels at this location are leased.

Dresser-Rand Company

100 Chemung Street

Painted Post, NY 14870

Certain parcels at this location are leased.

Texas

Dresser-Rand Company

1415 Lumpkin Road

Houston, TX 77043

Dresser-Rand Company

1200 West Sam Houston Pkwy. N.

Houston, TX 77043

 

 

 

NON-U.S.

Brazil

Dresser Rand do Brazil Ltda.

Rua Altino Arantes, 1010

Campinas, 13051-110 Brazil

France

Dresser-Rand S.A. — France

31 Boulevard Winston Churchill

Cedex 7013

Le Havre 76080 France

Certain parcels at this location are leased.

Germany

D-R Nadrowski Holding GmbH

Auf dem Esch 28

33619 Bielefeld, Germany

Germany

Dresser-Rand GmbH

Brinkstrasse 21

D-46149 Oberhausen

Germany

India

Dresser-Rand India Pvt. Ltd

Naroda Operations

187, GIDC Estate

Naroda Ahmedabad 382 330

Gujarat India

United Kingdom

Dresser-Rand (U.K.) Limited

Werrington Parkway

Peterborough, Cambridgeshire

PE4 5HG, England

 

 

 

Schedule 3.17(b)

Leased Real Property

UNITED STATES

California

Dresser-Rand Company

2615 Stanwell Dr.,

Concord, CA 94520

Colorado

Dresser-Rand Company

4700 McMurry Dr,

Fort Collins, CO 80525

Massachusetts

Dresser-Rand Company

760 Chief Justice Cushing Highway

Cohasset MA, 02025

Dresser-Rand Company

299 Lincoln Street

Worcester, MA 01605

Pennsylvania

Dresser-Rand Company

95 Highland Ave.

Suite 205

Bethlehem, PA 18017

Texas

Dresser-Rand Company

10205 Westheimer Rd.

Houston, TX 77042

Utah

Dresser-Rand Company

1325 West 2200 South, Suite B

West Valley City, UT 84119

 

 

 

NON-U.S.

China

Dresser-Rand Engineered Equipment (Shanghai), Ltd.

#510, Guo Quan Road North, Baoshan

200439, Shanghai China

France

Dresser-Rand S.A. — France

European Served Area

(TR) Zone du Chene Sorcier — B.P.62

78346 Les Clayes sous Bois

France

Norway

Dresser Rand AS

Kongsberg Naeringspark

Kirkegardsveien 45

3600 Kongsberg, Norway

 

 

 

Schedule 3.19

Labor Matters

That certain dispute with local 313 of the IUE-CWA as more fully described in the 10-K filing
of Dresser-Rand Group Inc. filed on February 24, 2011.

 

 

 

Schedule 3.20 

Insurance

	1.	 	Dresser-Rand Group Inc. Domestic and Foreign Automobile Liability policies

	 
	2.	 	Dresser-Rand Group Inc. Domestic and Foreign General Liability (including products and
contractual liability) policies

	 
	3.	 	Dresser-Rand Group Inc. Domestic Workers Compensation policies

	 
	4.	 	Dresser-Rand Group Inc. Domestic and Foreign Employers Liability policies

	 
	5.	 	Dresser-Rand Group Inc. Excess Umbrella Liability policies

	 
	6.	 	Dresser-Rand Group Inc. Global Property, Boiler & Machinery and Business Interruption policy

	 
	7.	 	Dresser-Rand Group Inc. Global Marine Cargo policy

	 
	8.	 	Dresser-Rand Group Inc. Directors & Officers Liability policy

	 
	9.	 	Dresser-Rand Group Inc. Fiduciary Liability policy

	 
	10.	 	Dresser-Rand Group Inc. Crime (employee dishonesty) policy

	 
	11.	 	Dresser-Rand Group Inc. Specialized Risk policy

	 
	12.	 	Dresser-Rand Group Inc. Employment Practices Liability policy

	 
	13.	 	Dresser-Rand Group Inc. Non-owned Aircraft Liability policy

 

 

 

Schedule 5.13

Post-Closing Matters

	1.	 	Within 60 days following the Closing Date, the Collateral Agent shall have received or shall
otherwise have received a pledge over all the issued and outstanding Equity Interests of any
Material Subsidiary directly owned on the Closing Date by any Loan Party and not pledged on
the Closing Date, except, in each case, to the extent that a pledge of such Equity Interests
is not permitted under Section 9.23; and the Collateral Agent shall have received all
certificates or other instruments (if any) representing such Equity Interests, together with
stock powers or other instruments of transfer with respect thereto endorsed in blank;

	2.	 	Within 60 days following the Closing Date, the Collateral Agent shall receive from the
applicable Loan Parties the Mortgages and such other documents, instruments, legal opinions
and materials reasonably requested by the Collateral Agent relating to Material Real Property
located in the United States that constitutes Collateral, all of which shall be in form and
substance reasonably satisfactory to Collateral Agent:

	3.	 	The Collateral Agent shall receive from the applicable Loan Parties documents and instruments
relating to Material Real Property located outside the United States that constitutes
Collateral that are customarily provided under the applicable law of the jurisdiction in which
such Material Real Property is located to create a valid and perfected Lien on such Material
Real Property under the applicable law of the jurisdiction in which such Material Real
Property is located; provided that such Material Real Property shall only be pledged to the
extent permitted under Section 9.23, and provided further that the Administrative Agent may,
in its good faith discretion, consent to a waiver of the pledge of such Material Real
Property. With respect to Material Real Property located outside the United States that
constitutes Collateral, such documents and instruments shall be provided within 90 days after
the Closing Date and with respect to each after-acquired Material Real Property located
outside the United States that constitutes Collateral, such documents and instruments shall be
provided within 90 days after the acquisition of such Material Real Property.

 

 

 

Schedule 6.01

Indebtedness

Intercompany Indebtedness

[See attached Schedule of Intercompany Loans.]

Bank Guarantees / Letters of Credit

[See attached Schedule of Letters of Credit and Guarantees.]

 

 

 

			
	 	 	 
	Dresser-Rand Confidential
	 	Intercompany Loans

DR240 Loan Supplemental

DECEMBER 2010

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	120 A/R	 	 	130 A/R	 	 	 	 
	 	 	 	 	MY-YOUR	 	LOANS-	 	 	LOANS-	 	 	-140 A/R	 
	MY RUI	 	YOUR RUI	 	RUI	 	PRINCIPAL	 	 	INTEREST	 	 	LOANS	 
	1309 Japan Corp
	 	4709 DRIBV Corp	 	1309-4709	 	 	2,430,015	 	 	 	304	 	 	 	2,430,319	 
	1409 Wythenshawe Corp
	 	4709 DRIBV Corp	 	1409-4709	 	 	33,606,568	 	 	 	2,894	 	 	 	33,609,462	 
	1609 Belgium Corp
	 	2009 France Corp	 	1609-2009	 	 	9,368	 	 	 	0	 	 	 	9,368	 
	1709 Italy Repair Corp
	 	4709 DRIBV Corp	 	1709-4709	 	 	7,567,031	 	 	 	652	 	 	 	7,567,683	 
	1809 Netherlands Corp
	 	3809 Svcs BV Corp	 	1809-3809	 	 	180,000	 	 	 	2,302	 	 	 	182,302	 
	1809 Netherlands Corp
	 	4709 DRIBV Corp	 	1809-4709	 	 	6,571,894	 	 	 	2,002	 	 	 	6,573,896	 
	1809 Netherlands Corp
	 	8229 D-R Holdings (France) S.A.S.	 	1809-8229	 	 	45,319,186	 	 	 	0	 	 	 	45,319,186	 
	2009 France Corp
	 	1809 Netherlands Corp	 	2009-1809	 	 	45,255,081	 	 	 	208,576	 	 	 	45,463,657	 
	2009 France Corp
	 	4709 DRIBV Corp	 	2009-4709	 	 	9,368,450	 	 	 	390	 	 	 	9,368,840	 
	2009 France Corp
	 	8049 D-R Holdings (Germany) GmbH	 	2009-8049	 	 	7,892,171	 	 	 	36,374	 	 	 	7,928,545	 
	2009 France Corp
	 	8069 D-R Holdings Norway AS	 	2009-8069	 	 	21,455,501	 	 	 	99,351	 	 	 	21,554,852	 
	2009 France Corp
	 	8109 Dresser-Rand Holdings (U.K.) Ltd.	 	2009-8109	 	 	33,895,580	 	 	 	217,101	 	 	 	34,112,681	 
	2219 Edmonton Corp
	 	4709 DRIBV Corp	 	2219-4709	 	 	9,215,718	 	 	 	2,240	 	 	 	9,217,958	 
	2409 Norway Corp
	 	4709 DRIBV Corp	 	2409-4709	 	 	70,682,567	 	 	 	945,344	 	 	 	71,627,911	 
	2709 Holding Co Corp
	 	5409 DR Brazil Corp	 	2709-5409	 	 	4,223,003	 	 	 	41,940	 	 	 	4,264,943	 
	3309 KL Malaysia Corp
	 	4709 DRIBV Corp	 	3309-4709	 	 	12,800,000	 	 	 	16,166	 	 	 	12,816,166	 
	3309 KL Malaysia Corp
	 	8009 Dresser-Rand Group Inc.	 	3309-8009	 	 	4,000,000	 	 	 	41,161	 	 	 	4,041,161	 
	3709 Germany Corp
	 	4709 DRIBV Corp	 	3709-4709	 	 	19,428,827	 	 	 	26,177	 	 	 	19,455,004	 
	4509 DRHQ Corp
	 	2709 Holding Co Corp	 	4509-2709	 	 	4,223,003	 	 	 	41,940	 	 	 	4,264,943	 
	4609 DRSC Corp
	 	4709 DRIBV Corp	 	4609-4709	 	 	6,000,000	 	 	 	517	 	 	 	6,000,517	 
	4709 DRIBV Corp
	 	1043 Thailand PS	 	4709-1043	 	 	1,000,000	 	 	 	1,000	 	 	 	1,001,000	 
	4709 DRIBV Corp
	 	5209 Indonesia Corp	 	4709-5209	 	 	3,000,000	 	 	 	646	 	 	 	3,000,646	 
	4709 DRIBV Corp
	 	6409 Dresser-Rand Company Ltd Corp	 	4709-6409	 	 	22,399,987	 	 	 	59,200	 	 	 	22,459,187	 
	4709 DRIBV Corp
	 	6709 South Africa Corp	 	4709-6709	 	 	9,186,765	 	 	 	537,675	 	 	 	9,724,440	 
	4709 DRIBV Corp
	 	6909 Abu Dhabi Corp	 	4709-6909	 	 	422,571	 	 	 	949	 	 	 	423,520	 
	4709 DRIBV Corp
	 	8049 D-R Holdings (Germany) GmbH	 	4709-8049	 	 	4,260,603	 	 	 	3,551	 	 	 	4,264,154	 
	4709 DRIBV Corp
	 	8069 D-R Holdings Norway AS	 	4709-8069	 	 	33,582,327	 	 	 	102,777	 	 	 	33,685,104	 
	4709 DRIBV Corp
	 	8089 D-R Luxembourg Holding 1	 	4709-8089	 	 	25,390,225	 	 	 	2,116	 	 	 	25,392,341	 
	4709 DRIBV Corp
	 	8109 Dresser-Rand Holdings (U.K.) Ltd.	 	4709-8109	 	 	27,846,447	 	 	 	336,563	 	 	 	28,183,010	 
	4709 DRIBV Corp
	 	8229 D-R Holdings (France) S.A.S.	 	4709-8229	 	 	9,609,353	 	 	 	0	 	 	 	9,609,353	 
	5209 Indonesia Corp
	 	5509 China-WFOE Corp	 	5209-5509	 	 	1,500,000	 	 	 	20,550	 	 	 	1,520,550	 
	5809 Nadrowski Corp
	 	4709 DRIBV Corp	 	5809-4709	 	 	8,327,214	 	 	 	5,925	 	 	 	8,333,139	 
	5809 Nadrowski Corp
	 	8109 Dresser-Rand Holdings (U.K.) Ltd.	 	5809-8109	 	 	0	 	 	 	110,127	 	 	 	110,127	 
	6709 South Africa Corp
	 	1083 South Africa Property PS	 	6709-1083	 	 	1,645,774	 	 	 	86,050	 	 	 	1,731,824	 
	6709 South Africa Corp
	 	1093 South Africa Svc Center PS	 	6709-1093	 	 	11,176,477	 	 	 	590,091	 	 	 	11,766,567	 
	8009 Dresser-Rand Group Inc.
	 	1039 Trinidad Corp	 	8009-1039	 	 	550,000	 	 	 	12,017	 	 	 	562,017	 
	8009 Dresser-Rand Group Inc.
	 	3479 Milbury, MA Assets (Coppus)	 	8009-3479	 	 	4,788,595	 	 	 	3,724,975	 	 	 	8,513,570	 
	8099 D-R Luxembourg Holding 2 (Lux)
	 	8049 D-R Holdings (Germany) GmbH	 	8099-8049	 	 	56,612,205	 	 	 	1,135,346	 	 	 	57,747,551	 
	8099 D-R Luxembourg Holding 2 (Lux)
	 	8109 Dresser-Rand Holdings (U.K.) Ltd.	 	8099-8109	 	 	11,966,017	 	 	 	239,976	 	 	 	12,205,993	 
	8099 D-R Luxembourg Holding 2 (Lux)
	 	8229 D-R Holdings (France) S.A.S.	 	8099-8229	 	 	158,679,280	 	 	 	3,049,685	 	 	 	161,728,965	 
	8139 D-R Luxembourg Holding 2 (US)
	 	1809 Netherlands Corp	 	8139-1809	 	 	8,030,100	 	 	 	44,018	 	 	 	8,074,118	 
	8139 D-R Luxembourg Holding 2 (US)
	 	4709 DRIBV Corp	 	8139-4709	 	 	12,002,411	 	 	 	500	 	 	 	12,002,911	 
	8139 D-R Luxembourg Holding 2 (US)
	 	8049 D-R Holdings (Germany) GmbH	 	8139-8049	 	 	936,845	 	 	 	18,788	 	 	 	955,633	 
	 
	 	 	 	 	 	 	757,037,157	 	 	 	11,767,956	 	 	 	768,805,114	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Control (Less Edmonton)
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	768,805,114	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	757,039,816	 	 	 	11,765,337	 	 	 	768,805,154	 
	 
	 	 	 	 	 	 	2,659	 	 	 	(2,619	)	 	 	40	 

			
	 	 	 
	
	 	DR240 Loan Supp

 

Page 1 of 1

 

FINANCIAL INSTRUMENTS OUTSTANDING AS OF MARCH 11, 2011

USING FX RATE @2/28/2011

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Support	 	IssuingEntity	 	LCNo	 	LCIssueDate	 	 	LCExpiryDate	 	 	RevisedExpiryDate	 	 	Currency	 	Amount	 	 	AMOUNTOFCHANGE	 	 	OPENENDED
	BI-LATERAL
	 	CHINA CONSTRUCTION BANK	 	Z5172010180	 	01-Nov-10	 	31-Aug-11	 	 	 	 	 	CNY	 	 	497,500.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	61625543	 	29-Oct-04	 	31-Oct-09	 	 	 	 	 	USD	 	 	2,795,162.09	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	61631404	 	20-Dec-04	 	31-Dec-12	 	 	 	 	 	USD	 	 	2,000,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	61635224	 	26-Jan-05	 	31-Dec-12	 	 	 	 	 	USD	 	 	14,052,230.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	61646866	 	22-Dec-05	 	29-Oct-12	 	 	 	 	 	USD	 	 	7,072,694.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	61670375	 	04-Oct-07	 	15-Oct-10	 	 	 	 	 	USD	 	 	10,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	61671122	 	05-Dec-07	 	15-Feb-11	 	 	 	 	 	INR	 	 	5,840,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63650682	 	24-Apr-09	 	14-Sep-12	 	 	 	 	 	EUR	 	 	120,779.05	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63650901	 	19-May-09	 	14-Dec-12	 	 	 	 	 	EUR	 	 	14,105.50	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63651061	 	03-Jun-09	 	14-Dec-12	 	 	 	 	 	EUR	 	 	44,807.75	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63651492	 	15-Jul-09	 	30-Aug-13	 	 	 	 	 	EUR	 	 	12,143.50	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63651534	 	17-Jul-09	 	28-Feb-13	 	 	 	 	 	USD	 	 	21,500.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63651535	 	17-Jul-09	 	31-Jan-13	 	 	 	 	 	USD	 	 	19,500.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63651849	 	19-Aug-09	 	28-Sep-12	 	 	 	 	 	EUR	 	 	155,739.85	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652141	 	15-Sep-09	 	12-Apr-13	 	 	 	 	 	EUR	 	 	27,197.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652166	 	16-Sep-09	 	17-May-13	 	 	 	 	 	EUR	 	 	12,394.75	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652221	 	22-Sep-09	 	31-Jan-13	 	 	 	 	 	USD	 	 	13,438.75	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652297	 	30-Sep-09	 	31-Oct-12	 	 	 	 	 	EUR	 	 	716,020.30	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652558	 	27-Oct-09	 	15-Oct-12	 	 	 	 	 	USD	 	 	206,250.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652714	 	16-Nov-09	 	28-Jan-13	 	 	 	 	 	USD	 	 	786,200.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652715	 	16-Nov-09	 	20-Dec-12	 	 	 	 	 	USD	 	 	732,800.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652834	 	25-Nov-09	 	19-Nov-14	 	 	 	 	 	EUR	 	 	155,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63652939	 	08-Dec-09	 	12-Mar-13	 	 	 	 	 	INR	 	 	1,532,232.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63652992	 	11-Dec-09	 	31-Dec-12	 	 	 	 	 	EUR	 	 	98,812.55	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653137	 	24-Dec-09	 	29-Nov-13	 	 	 	 	 	EUR	 	 	13,680.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653150	 	24-Dec-09	 	31-Aug-11	 	31-Aug-12	 	USD	 	 	2,376.00	 	 	 	0.00	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63653369	 	21-Jan-10	 	18-Jan-13	 	 	 	 	 	EUR	 	 	221,227.30	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653434	 	29-Jan-10	 	31-Jan-11	 	 	 	 	 	BRL	 	 	566,121.97	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63653435	 	29-Jan-10	 	31-Jan-11	 	 	 	 	 	BRL	 	 	477,560.37	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63653458	 	02-Feb-10	 	30-Apr-13	 	 	 	 	 	EUR	 	 	769,242.05	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653477	 	04-Feb-10	 	31-Jul-13	 	 	 	 	 	USD	 	 	329,236.50	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653478	 	04-Feb-10	 	29-Mar-13	 	 	 	 	 	EUR	 	 	62,387.90	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653479	 	04-Feb-10	 	31-May-13	 	 	 	 	 	EUR	 	 	55,723.35	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653480	 	04-Feb-10	 	04-Feb-13	 	 	 	 	 	EUR	 	 	62,387.90	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653539	 	11-Feb-10	 	27-Jun-14	 	 	 	 	 	INR	 	 	10,080,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653661	 	01-Mar-10	 	23-Sep-12	 	 	 	 	 	INR	 	 	1,273,703.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653760	 	09-Mar-10	 	26-Feb-13	 	 	 	 	 	USD	 	 	7,531.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63653894	 	18-Mar-10	 	18-Apr-12	 	 	 	 	 	INR	 	 	4,420,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63653936	 	24-Mar-10	 	14-Jan-11	 	 	 	 	 	INR	 	 	769,358.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654235	 	27-Apr-10	 	14-Mar-14	 	 	 	 	 	EUR	 	 	12,995.90	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654295	 	03-May-10	 	14-Mar-14	 	 	 	 	 	EUR	 	 	6,938.35	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654330	 	06-May-10	 	20-Feb-12	 	 	 	 	 	INR	 	 	400,634.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654331	 	05-May-10	 	12-Aug-13	 	 	 	 	 	GBP	 	 	159,800.20	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654386	 	11-May-10	 	15-Sep-11	 	 	 	 	 	EUR	 	 	2,428,132.05	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654426	 	14-May-10	 	07-Dec-12	 	 	 	 	 	INR	 	 	2,399,150.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654433	 	17-May-10	 	15-Feb-13	 	 	 	 	 	INR	 	 	45,835,125.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654434	 	17-May-10	 	15-Feb-13	 	 	 	 	 	INR	 	 	49,096,250.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654586	 	04-Jun-10	 	04-Sep-12	 	 	 	 	 	EUR	 	 	16,250.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654609	 	07-Jun-10	 	21-Jun-11	 	 	 	 	 	INR	 	 	3,349,300.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654648	 	10-Jun-10	 	15-Nov-13	 	 	 	 	 	EUR	 	 	5,350.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654649	 	10-Jun-10	 	15-Jan-13	 	 	 	 	 	EUR	 	 	5,821.10	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654670	 	16-Jun-10	 	14-Nov-13	 	 	 	 	 	INR	 	 	1,738,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654698	 	15-Jun-10	 	04-Jan-12	 	 	 	 	 	EUR	 	 	16,202.83	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654727	 	17-Jun-10	 	31-Jan-12	 	 	 	 	 	GBP	 	 	89,495.05	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654728	 	17-Jun-10	 	21-Jun-13	 	 	 	 	 	USD	 	 	177,990.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654787	 	25-Jun-10	 	30-Apr-13	 	 	 	 	 	INR	 	 	15,880,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654853	 	30-Jun-10	 	13-Aug-13	 	 	 	 	 	EUR	 	 	73,028.93	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654854	 	30-Jun-10	 	02-Dec-13	 	 	 	 	 	INR	 	 	21,799,304.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654880	 	01-Jul-10	 	28-Oct-11	 	 	 	 	 	INR	 	 	23,820,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654909	 	07-Jul-10	 	31-Jan-13	 	 	 	 	 	NOK	 	 	414,250.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63654963	 	13-Jul-10	 	27-Dec-11	 	 	 	 	 	INR	 	 	21,714,526.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63654985	 	15-Jul-10	 	10-Sep-12	 	 	 	 	 	USD	 	 	9,552.78	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655115	 	28-Jul-10	 	14-Nov-11	 	 	 	 	 	INR	 	 	7,940,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63655124	 	29-Jul-10	 	10-Apr-13	 	 	 	 	 	USD	 	 	238,750.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655135	 	03-Aug-10	 	15-Oct-13	 	 	 	 	 	USD	 	 	5,628.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655136	 	03-Aug-10	 	15-Oct-13	 	 	 	 	 	USD	 	 	5,628.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655157	 	04-Aug-10	 	30-Aug-13	 	 	 	 	 	EUR	 	 	57,531.74	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655195	 	11-Aug-10	 	29-Aug-11	 	 	 	 	 	INR	 	 	46,300,028.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63655196	 	09-Aug-10	 	28-Mar-13	 	 	 	 	 	INR	 	 	6,042,350.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655226	 	10-Aug-10	 	29-Jul-13	 	 	 	 	 	USD	 	 	1,655,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655250	 	17-Aug-10	 	30-Sep-16	 	 	 	 	 	USD	 	 	862,500.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655260	 	17-Aug-10	 	29-Sep-17	 	 	 	 	 	USD	 	 	862,500.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655304	 	19-Aug-10	 	01-Aug-16	 	 	 	 	 	USD	 	 	10,576.82	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655307	 	20-Aug-10	 	30-Jan-15	 	 	 	 	 	NOK	 	 	10,000,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655414	 	27-Aug-10	 	30-Aug-13	 	 	 	 	 	EUR	 	 	220,844.30	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655418	 	27-Aug-10	 	29-Aug-11	 	 	 	 	 	INR	 	 	45,556,747.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63655419	 	30-Aug-10	 	20-May-14	 	 	 	 	 	USD	 	 	412,085.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655422	 	30-Aug-10	 	28-Feb-13	 	 	 	 	 	INR	 	 	2,353,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655460	 	08-Sep-10	 	10-Dec-15	 	 	 	 	 	USD	 	 	2,661,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655544	 	14-Sep-10	 	31-Oct-11	 	 	 	 	 	GBP	 	 	20,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63655597	 	21-Sep-10	 	15-Oct-12	 	 	 	 	 	USD	 	 	10,212.28	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655607	 	23-Sep-10	 	15-Oct-12	 	 	 	 	 	USD	 	 	5,651.92	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655609	 	22-Sep-10	 	30-Nov-12	 	 	 	 	 	USD	 	 	1,086,340.20	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655611	 	23-Sep-10	 	15-Oct-12	 	 	 	 	 	USD	 	 	9,346.45	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655680	 	28-Sep-10	 	13-Mar-12	 	 	 	 	 	USD	 	 	330,658.40	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63655761	 	08-Oct-10	 	13-Sep-13	 	 	 	 	 	GBP	 	 	391,892.34	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63661605	 	30-Apr-08	 	25-Dec-11	 	 	 	 	 	INR	 	 	150,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63661645	 	05-May-08	 	31-May-20	 	 	 	 	 	INR	 	 	1,500,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63663119	 	20-Oct-08	 	04-Jan-12	 	 	 	 	 	INR	 	 	3,741,600.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CITIBANK	 	63663235	 	04-Nov-08	 	15-Dec-12	 	 	 	 	 	USD	 	 	8,012,529.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63663656	 	18-Dec-08	 	10-Feb-12	 	 	 	 	 	EUR	 	 	151,055.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63664445	 	13-Mar-09	 	16-Nov-12	 	 	 	 	 	USD	 	 	36,325.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63664697	 	07-Apr-09	 	10-Jul-13	 	 	 	 	 	USD	 	 	1,105,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63664698	 	07-Apr-09	 	10-Jul-13	 	 	 	 	 	EUR	 	 	162,313.20	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63664729	 	08-Apr-09	 	24-Oct-12	 	 	 	 	 	USD	 	 	391,500.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CITIBANK	 	63664733	 	09-Apr-09	 	16-May-21	 	 	 	 	 	USD	 	 	35,210.58	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CREDIT LYONNAIS	 	09.6522.H.009	 	07-Aug-09	 	31-Jan-13	 	 	 	 	 	EUR	 	 	286,850.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	09.6522.H.010	 	07-Aug-09	 	31-Jan-13	 	 	 	 	 	USD	 	 	125,950.00	 	 	 	 	 	 	YES

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Support	 	IssuingEntity	 	LCNo	 	LCIssueDate	 	 	LCExpiryDate	 	 	RevisedExpiryDate	 	 	Currency	 	Amount	 	 	AMOUNTOFCHANGE	 	 	OPENENDED
	BI-LATERAL
	 	CREDIT LYONNAIS	 	096522A009	 	13-Jan-09	 	28-Nov-11	 	 	 	 	 	EUR	 	 	208,527.11	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	096522A010	 	13-Jan-09	 	05-Dec-11	 	 	 	 	 	EUR	 	 	208,527.11	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	096522A011	 	13-Jan-09	 	19-Dec-12	 	 	 	 	 	EUR	 	 	208,527.11	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	096522G029	 	01-Sep-09	 	31-May-11	 	 	 	 	 	EUR	 	 	302,229.20	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	096522G030	 	01-Sep-09	 	30-Oct-11	 	 	 	 	 	EUR	 	 	151,114.60	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL001338	 	01-Apr-10	 	30-Jun-12	 	 	 	 	 	EUR	 	 	65,335.80	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL001905	 	31-Aug-10	 	31-Mar-11	 	 	 	 	 	EUR	 	 	46,463.80	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL002154	 	21-Sep-10	 	30-Apr-14	 	 	 	 	 	EUR	 	 	10,395.15	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL0485	 	24-Feb-10	 	31-Mar-12	 	 	 	 	 	EUR	 	 	10,540.80	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1045	 	07-May-10	 	15-May-13	 	 	 	 	 	EUR	 	 	12,450.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1120	 	21-May-10	 	01-Jul-13	 	 	 	 	 	EUR	 	 	316,684.80	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1172	 	27-May-10	 	01-Jul-13	 	 	 	 	 	EUR	 	 	6,814.20	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1222	 	02-Jun-10	 	31-May-12	 	 	 	 	 	EUR	 	 	137,050.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1529	 	02-Jul-10	 	10-Jul-12	 	 	 	 	 	EUR	 	 	389,049.48	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1530	 	02-Jul-10	 	30-Sep-12	 	 	 	 	 	EUR	 	 	43,063.22	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1705	 	26-Jul-10	 	05-Feb-12	 	 	 	 	 	EUR	 	 	17,500.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL1971	 	31-Aug-10	 	31-Mar-11	 	 	 	 	 	EUR	 	 	185,855.20	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL2296	 	07-Oct-10	 	30-May-12	 	 	 	 	 	EUR	 	 	5,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL2609	 	18-Nov-10	 	31-Mar-11	 	 	 	 	 	EUR	 	 	4,100.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL2841	 	01-Dec-10	 	30-Nov-13	 	 	 	 	 	EUR	 	 	10,443.75	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL2968	 	17-Dec-10	 	15-Nov-11	 	 	 	 	 	USD	 	 	450,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	0LCL3106	 	04-Jan-11	 	15-Nov-11	 	 	 	 	 	USD	 	 	675,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	116522A058	 	01-Feb-11	 	03-Dec-11	 	 	 	 	 	EUR	 	 	44,943.26	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	116522A059	 	01-Feb-11	 	26-Nov-11	 	 	 	 	 	EUR	 	 	44,943.26	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	1LCL0074	 	26-Jan-11	 	15-Apr-11	 	 	 	 	 	EUR	 	 	45,465.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CREDIT LYONNAIS	 	1LCL0358	 	15-Feb-11	 	01-Nov-12	 	 	 	 	 	EUR	 	 	23,641.90	 	 	 	 	 	 	NO
	BI-LATERAL
	 	CREDIT LYONNAIS	 	1LCL0404	 	15-Feb-11	 	22-Jul-11	 	 	 	 	 	EUR	 	 	2,500.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	865220001	 	14-Nov-08	 	14-Nov-10	 	 	 	 	 	EUR	 	 	228,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	8LCL001094	 	15-May-08	 	31-Oct-12	 	 	 	 	 	USD	 	 	5,402,427.30	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	8LCL3033	 	15-Dec-08	 	30-Dec-11	 	 	 	 	 	EUR	 	 	101,331.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL000358	 	10-Feb-09	 	08-Dec-10	 	 	 	 	 	EUR	 	 	1,268,997.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL000359	 	01-Mar-09	 	08-Dec-10	 	 	 	 	 	EUR	 	 	1,268,997.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL000659	 	01-Mar-09	 	30-Apr-11	 	 	 	 	 	EUR	 	 	6,181.70	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL001095	 	07-May-09	 	08-Dec-10	 	 	 	 	 	EUR	 	 	2,537,994.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL001409	 	01-Jun-09	 	30-Apr-11	 	 	 	 	 	EUR	 	 	68,923.02	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL001544	 	03-Jul-09	 	08-Dec-10	 	 	 	 	 	EUR	 	 	3,172,492.50	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL002320	 	15-Oct-09	 	08-Dec-10	 	 	 	 	 	EUR	 	 	2,537,994.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL002649	 	01-Dec-09	 	15-Dec-11	 	 	 	 	 	EUR	 	 	33,409.47	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL002926	 	01-Dec-09	 	28-Mar-10	 	 	 	 	 	EUR	 	 	60,036.48	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL002960	 	01-Dec-09	 	28-Feb-12	 	 	 	 	 	EUR	 	 	46,264.61	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL0135	 	22-Jan-09	 	31-Jan-12	 	 	 	 	 	USD	 	 	52,970.65	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL0594	 	12-Mar-09	 	31-Mar-12	 	 	 	 	 	EUR	 	 	307,863.75	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL0667	 	25-Mar-09	 	30-Oct-12	 	 	 	 	 	EUR	 	 	487,625.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1298	 	05-Jun-09	 	31-Jan-11	 	 	 	 	 	EUR	 	 	6,572.75	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1368	 	11-Jun-09	 	30-Jun-12	 	 	 	 	 	EUR	 	 	899,233.25	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1510	 	01-Jul-09	 	16-Nov-11	 	 	 	 	 	EUR	 	 	218,510.52	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1641	 	17-Jul-09	 	31-Dec-11	 	 	 	 	 	EUR	 	 	10,142.10	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1642	 	17-Jul-09	 	31-Oct-11	 	 	 	 	 	EUR	 	 	9,917.10	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1905	 	19-Aug-09	 	31-Aug-12	 	 	 	 	 	EUR	 	 	7,407.75	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL1931	 	25-Aug-09	 	01-Mar-11	 	 	 	 	 	USD	 	 	6,071.35	 	 	 	 	 	 	YES
	BI-LATERAL
	 	CREDIT LYONNAIS	 	9LCL2204	 	02-Oct-09	 	30-Mar-11	 	 	 	 	 	USD	 	 	104,101.80	 	 	 	 	 	 	YES
	BI-LATERAL
	 	JPMORGAN CHASE	 	L5LS523449	 	12-Feb-10	 	20-Aug-13	 	 	 	 	 	USD	 	 	1,576,600.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	JPMORGAN CHASE	 	L5LS523737	 	12-Feb-10	 	20-Aug-13	 	 	 	 	 	USD	 	 	3,315,226.95	 	 	 	 	 	 	NO
	BI-LATERAL
	 	JPMORGAN CHASE	 	L5LS523803	 	12-Feb-10	 	30-Oct-13	 	 	 	 	 	USD	 	 	5,442,041.65	 	 	 	 	 	 	NO
	BI-LATERAL
	 	SOCIETE GENERALE	 	00041.02.1045219	 	09-Dec-09	 	30-Sep-10	 	 	 	 	 	EUR	 	 	834,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	00041-01-1044595	 	20-Nov-09	 	17-Jun-11	 	 	 	 	 	USD	 	 	1,132,302.30	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	00041-02-1044611	 	11-Dec-09	 	17-Aug-11	 	 	 	 	 	USD	 	 	1,708,357.50	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	00041-02-1049073	 	07-May-10	 	30-Apr-13	 	 	 	 	 	EUR	 	 	60,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	00041-02-1050408	 	22-Jun-10	 	30-Sep-11	 	 	 	 	 	EUR	 	 	140,625.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	00041-02-1050845	 	05-Jul-10	 	01-Apr-12	 	 	 	 	 	EUR	 	 	162,160.10	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1045273LHA	 	21-Dec-09	 	17-Aug-11	 	 	 	 	 	USD	 	 	1,708,357.50	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1045282LHA	 	11-Dec-09	 	17-Jun-11	 	 	 	 	 	USD	 	 	1,132,302.30	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1046352LHA	 	29-Jan-10	 	17-Aug-11	 	 	 	 	 	USD	 	 	3,416,715.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1046361LHA	 	29-Jan-10	 	17-Jun-11	 	 	 	 	 	USD	 	 	2,264,604.60	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1049732LHA	 	31-May-10	 	17-Jun-11	 	 	 	 	 	USD	 	 	2,830,755.76	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1052816LHA	 	29-Sep-10	 	17-Aug-11	 	 	 	 	 	USD	 	 	4,270,893.75	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1052825LHA	 	29-Sep-10	 	17-Aug-11	 	 	 	 	 	USD	 	 	1,138,263.92	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1052834LHA	 	06-Oct-10	 	31-Aug-11	 	 	 	 	 	EUR	 	 	662,734.50	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1052843LHA	 	06-Oct-10	 	31-Oct-11	 	 	 	 	 	EUR	 	 	160,800.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1053744LHA	 	08-Nov-10	 	17-Aug-11	 	 	 	 	 	USD	 	 	1,708,357.50	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1053842LHA	 	09-Nov-10	 	17-Aug-11	 	 	 	 	 	USD	 	 	1,743,453.46	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1054636LHA	 	28-Dec-10	 	31-Aug-14	 	 	 	 	 	EUR	 	 	31,761.50	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1054645LHA	 	28-Dec-10	 	31-Aug-14	 	 	 	 	 	EUR	 	 	189,150.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	04102-1055635LHA	 	25-Jan-11	 	17-Aug-11	 	 	 	 	 	USD	 	 	904,994.85	 	 	 	 	 	 	YES
	BI-LATERAL
	 	SOCIETE GENERALE	 	LC071/OLC/1091001	 	14-Apr-09	 	15-Dec-10	 	 	 	 	 	EUR	 	 	105,000.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	UNICREDIT SPA	 	460011402027	 	24-Nov-10	 	31-Jan-11	 	 	 	 	 	EUR	 	 	5,480.00	 	 	 	 	 	 	YES
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668434	 	05-Oct-10	 	08-Jul-13	 	 	 	 	 	INR	 	 	2,947,000.00	 	 	 	0.00	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668556	 	07-Oct-10	 	08-Dec-14	 	 	 	 	 	USD	 	 	89,734.80	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668580	 	07-Oct-10	 	28-Mar-13	 	30-Mar-15	 	USD	 	 	266,198.00	 	 	 	0.00	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668584	 	07-Oct-10	 	30-Nov-13	 	 	 	 	 	EUR	 	 	477,273.50	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668664	 	08-Oct-10	 	30-Oct-12	 	 	 	 	 	USD	 	 	3,805.28	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668895	 	13-Oct-10	 	30-Dec-13	 	 	 	 	 	EUR	 	 	189,182.15	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668900	 	13-Oct-10	 	30-Sep-13	 	 	 	 	 	USD	 	 	184,849.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS668903	 	13-Oct-10	 	30-Dec-13	 	 	 	 	 	EUR	 	 	196,247.15	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS669247	 	19-Oct-10	 	15-Dec-12	 	 	 	 	 	USD	 	 	9,552.78	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS669323	 	20-Oct-10	 	12-Nov-13	 	 	 	 	 	USD	 	 	62,791.25	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS669586	 	25-Oct-10	 	10-Apr-14	 	 	 	 	 	EUR	 	 	9,440.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS669782	 	05-Nov-10	 	21-Nov-12	 	 	 	 	 	USD	 	 	992,300.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS670044	 	04-Nov-10	 	15-Dec-12	 	 	 	 	 	USD	 	 	380,321.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS670997	 	16-Nov-10	 	25-Oct-13	 	 	 	 	 	USD	 	 	281,635.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS671080	 	17-Nov-10	 	30-Sep-14	 	 	 	 	 	GBP	 	 	40,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS671156	 	19-Nov-10	 	29-Jan-13	 	 	 	 	 	EUR	 	 	9,201.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS671158	 	18-Nov-10	 	15-Jul-13	 	 	 	 	 	INR	 	 	6,417,600.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS671249	 	22-Nov-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	69,582,508.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS671452	 	24-Nov-10	 	30-Jan-13	 	 	 	 	 	EUR	 	 	125,625.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS672721	 	16-Dec-10	 	14-Mar-12	 	 	 	 	 	EUR	 	 	12,995.90	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS672817	 	16-Dec-10	 	28-Mar-14	 	 	 	 	 	INR	 	 	11,400,000.00	 	 	 	111,238.00	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS672884	 	17-Dec-10	 	28-Feb-13	 	 	 	 	 	EUR	 	 	8,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS672916	 	22-Dec-10	 	28-Dec-12	 	 	 	 	 	USD	 	 	243,561.80	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673021	 	20-Dec-10	 	06-Jun-11	 	 	 	 	 	INR	 	 	2,947,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673026	 	20-Dec-10	 	06-Jun-11	 	 	 	 	 	INR	 	 	2,947,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673301	 	23-Dec-10	 	31-Jan-13	 	30-Apr-13	 	EUR	 	 	31,390.00	 	 	 	0.00	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673385	 	24-Dec-10	 	15-Dec-12	 	 	 	 	 	USD	 	 	146,971.45	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673684	 	31-Dec-10	 	06-Sep-13	 	 	 	 	 	INR	 	 	2,947,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673686	 	31-Dec-10	 	30-Nov-13	 	 	 	 	 	USD	 	 	510,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673687	 	31-Dec-10	 	16-Sep-12	 	 	 	 	 	USD	 	 	537,062.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS673688	 	31-Dec-10	 	30-Oct-12	 	 	 	 	 	INR	 	 	489,860.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS674337	 	13-Jan-11	 	30-May-14	 	 	 	 	 	INR	 	 	1,090,000.00	 	 	 	9,900,000.00	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS950119	 	24-Jan-11	 	23-Feb-13	 	 	 	 	 	INR	 	 	403,950.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS950123	 	25-Jan-11	 	06-Sep-11	 	 	 	 	 	INR	 	 	2,947,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS950124	 	26-Jan-11	 	07-Feb-13	 	 	 	 	 	USD	 	 	10,499.10	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO BANK	 	NTS950132	 	31-Jan-11	 	06-May-13	 	28-Jun-13	 	INR	 	 	1,316,021.00	 	 	 	0.00	 	 	NO
	BI-LATERAL
	 	WELLS FARGO N.A.	 	NTS950153	 	16-Feb-11	 	16-Oct-12	 	 	 	 	 	EUR	 	 	34,000.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO N.A.	 	NTS950172	 	22-Feb-11	 	31-Dec-12	 	 	 	 	 	INR	 	 	505,740.00	 	 	 	 	 	 	NO
	BI-LATERAL
	 	WELLS FARGO N.A.	 	NTS950175	 	22-Feb-11	 	31-Dec-12	 	 	 	 	 	INR	 	 	505,740.00	 	 	 	 	 	 	NO
	BONDS
	 	AON	 	022017430	 	17-Jun-10	 	17-Jun-12	 	 	 	 	 	USD	 	 	10,708.44	 	 	 	 	 	 	YES

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Support	 	IssuingEntity	 	LCNo	 	LCIssueDate	 	 	LCExpiryDate	 	 	RevisedExpiryDate	 	 	Currency	 	Amount	 	 	AMOUNTOFCHANGE	 	 	OPENENDED
	BONDS
	 	AON	 	2288413	 	25-Jun-10	 	25-Jun-12	 	 	 	 	 	USD	 	 	65,000.00	 	 	 	 	 	 	YES
	BONDS
	 	AON	 	K06960583	 	01-Jan-07	 	01-Jan-08	 	 	 	 	 	USD	 	 	12,500.00	 	 	 	 	 	 	YES
	BONDS
	 	FIANZAS MONTERREY S.A.	 	916538	 	31-Mar-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	64,428.07	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	1055245	 	27-Mar-09	 	31-Dec-12	 	 	 	 	 	USD	 	 	448,040.92	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	1055251	 	30-Mar-09	 	31-Dec-12	 	 	 	 	 	USD	 	 	65,771.17	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	1055258	 	03-Apr-09	 	31-Dec-12	 	 	 	 	 	USD	 	 	11,080.44	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	1075511	 	15-May-09	 	31-Dec-12	 	 	 	 	 	USD	 	 	2,689.60	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	1108837	 	30-Nov-09	 	31-Dec-13	 	 	 	 	 	USD	 	 	27,783.80	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	331-CS-8-00023	 	10-Oct-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	42,854.75	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	41419800008	 	19-Aug-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	84,557.17	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	4141980012V3	 	10-Oct-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	200,000.00	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	876810   T00713855	 	20-Dec-07	 	31-Dec-12	 	 	 	 	 	USD	 	 	48,820.00	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	879451   T00713302	 	21-Dec-07	 	31-Dec-12	 	 	 	 	 	USD	 	 	5,000,000.00	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	955212	 	19-Aug-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	162,871.51	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	985050	 	16-Oct-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	90,736.15	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	985090	 	22-Oct-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	4,119.23	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	ITS-CS-8-10209	 	29-Sep-08	 	31-Dec-12	 	 	 	 	 	USD	 	 	9,037.29	 	 	 	 	 	 	NO
	BONDS
	 	FIANZAS MONTERREY S.A.	 	T0071365A	 	19-Oct-07	 	31-Dec-11	 	 	 	 	 	USD	 	 	188,334.86	 	 	 	 	 	 	NO
	BONDS
	 	LA INTERNACIONAL	 	000101-3984	 	08-Sep-10	 	08-Sep-11	 	 	 	 	 	VEB	 	 	17,500,000.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL	 	022017372	 	08-Dec-09	 	08-Dec-11	 	 	 	 	 	USD	 	 	483,681.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL	 	022017373	 	08-Dec-09	 	08-Dec-11	 	 	 	 	 	USD	 	 	527,104.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL	 	022017374	 	08-Dec-09	 	08-Dec-11	 	 	 	 	 	USD	 	 	1,010,765.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL	 	022017379	 	03-Dec-09	 	31-Dec-10	 	 	 	 	 	USD	 	 	12,500.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	022005692	 	21-Dec-10	 	21-Dec-12	 	 	 	 	 	USD	 	 	40,000.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	022017386	 	01-Feb-10	 	01-Feb-12	 	 	 	 	 	USD	 	 	50,000.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	022017395	 	09-Mar-10	 	09-Mar-12	 	 	 	 	 	USD	 	 	738,830.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	022025063	 	05-Nov-10	 	05-Nov-12	 	 	 	 	 	USD	 	 	501,597.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	022025064-2	 	05-Nov-10	 	05-Nov-12	 	 	 	 	 	USD	 	 	501,597.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	100322.DM	 	02-Nov-10	 	02-Nov-12	 	 	 	 	 	USD	 	 	10,000.00	 	 	 	 	 	 	YES
	BONDS
	 	LIBERTY MUTUAL INSURANCE CO	 	22017441	 	01-Jul-10	 	01-Jul-11	 	 	 	 	 	USD	 	 	14,423.44	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS BANVALOR	 	01-16-3027027	 	14-Sep-10	 	14-Sep-11	 	 	 	 	 	VEB	 	 	6,494,408,610.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS BANVALOR	 	01-16-3027028	 	14-Sep-10	 	14-Sep-12	 	 	 	 	 	VEB	 	 	843,149,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1002560	 	28-Dec-06	 	28-Apr-08	 	 	 	 	 	VEB	 	 	901,441,601.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004047 - PERF	 	19-Sep-08	 	19-Sep-10	 	 	 	 	 	VEB	 	 	219,812,740.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004048	 	19-Sep-08	 	19-Sep-10	 	 	 	 	 	VEB	 	 	160,000,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004119	 	08-Dec-10	 	08-Dec-12	 	 	 	 	 	VEB	 	 	798,665,180.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004124	 	14-Oct-08	 	14-Oct-10	 	 	 	 	 	VEB	 	 	3,456,903,230.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004125	 	14-Oct-08	 	16-Oct-11	 	 	 	 	 	VEB	 	 	393,206,320.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004360	 	15-Dec-09	 	15-Dec-11	 	 	 	 	 	VEB	 	 	131,624,380.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004653	 	31-Mar-09	 	31-Dec-11	 	 	 	 	 	VEB	 	 	1,524,558,450.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004654	 	31-Mar-09	 	31-Dec-11	 	 	 	 	 	VEB	 	 	131,624,380.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1004940	 	07-Aug-09	 	07-Aug-10	 	 	 	 	 	VEB	 	 	12,223,640.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1005017	 	07-Aug-09	 	07-Aug-10	 	 	 	 	 	VEB	 	 	23,000,770.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1005018	 	07-Aug-09	 	07-Aug-10	 	 	 	 	 	VEB	 	 	69,002,300.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1005019	 	07-Aug-09	 	07-Aug-10	 	 	 	 	 	VEB	 	 	19,779,690.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1005150	 	07-Aug-09	 	07-Aug-10	 	 	 	 	 	VEB	 	 	37,772,200.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1005231	 	21-Oct-09	 	21-Oct-10	 	 	 	 	 	VEB	 	 	60,000,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1005329	 	13-Nov-09	 	13-Nov-11	 	 	 	 	 	VEB	 	 	66,010,730.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006131	 	06-May-10	 	06-May-12	 	 	 	 	 	VEB	 	 	112,500,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006134	 	05-May-10	 	05-May-12	 	 	 	 	 	VEB	 	 	1,500,000,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006154	 	06-May-10	 	06-May-12	 	 	 	 	 	VEB	 	 	15,000,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006167	 	06-May-10	 	06-May-12	 	 	 	 	 	VEB	 	 	337,500,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006464	 	17-Aug-10	 	17-Aug-10	 	 	 	 	 	VEB	 	 	193,256,880.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006855	 	06-Dec-10	 	06-Dec-12	 	 	 	 	 	VEB	 	 	1,348,702,690.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006856	 	06-Dec-10	 	06-Dec-12	 	 	 	 	 	VEB	 	 	537,163,040.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006867	 	07-Dec-10	 	07-Dec-12	 	 	 	 	 	VEB	 	 	1,002,782,870.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006868	 	08-Dec-10	 	08-Dec-12	 	 	 	 	 	VEB	 	 	141,355,130.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006869	 	10-Dec-10	 	10-Dec-12	 	 	 	 	 	VEB	 	 	6,627,900.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006870	 	23-Dec-10	 	23-Dec-12	 	 	 	 	 	VEB	 	 	863,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006883	 	13-Dec-10	 	13-Dec-12	 	 	 	 	 	VEB	 	 	3,500,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	01-1006960	 	28-Dec-10	 	28-Dec-12	 	 	 	 	 	VEB	 	 	924,469,400.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	1004120	 	01-Jan-09	 	14-Oct-09	 	 	 	 	 	VEB	 	 	83,495,550.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	1004153	 	01-Jan-09	 	22-Oct-09	 	 	 	 	 	VEB	 	 	114,570,720.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	1004359	 	01-Jan-09	 	15-Dec-09	 	 	 	 	 	VEB	 	 	281,035,070.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	1004408	 	06-Jan-09	 	06-Jan-10	 	 	 	 	 	VEB	 	 	838,000,000.00	 	 	 	 	 	 	YES
	BONDS
	 	SEGUROS QUALITAS	 	1004652	 	31-Mar-09	 	31-Dec-09	 	 	 	 	 	VEB	 	 	508,186,150.00	 	 	 	 	 	 	YES
	BONDS
	 	UNISEGUROS	 	101-31-2043991	 	06-Mar-06	 	20-May-07	 	 	 	 	 	VEB	 	 	5,696,914,167.00	 	 	 	 	 	 	YES
	BONDS
	 	UNISEGUROS	 	101-31-2043992	 	06-Mar-06	 	20-Jul-08	 	 	 	 	 	VEB	 	 	288,551,000.00	 	 	 	 	 	 	YES
	BONDS
	 	WASHINGTON INTERNATIONAL INSURANCE	 	9906U3721	 	30-Sep-10	 	31-Dec-12	 	 	 	 	 	USD	 	 	50,000.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY	 	K08232751	 	12-Dec-08	 	31-Jul-10	 	 	 	 	 	USD	 	 	614,417.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	1284491	 	23-Jun-09	 	23-Jun-11	 	 	 	 	 	USD	 	 	45,000.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	K00786025	 	09-Nov-07	 	31-Dec-07	 	 	 	 	 	USD	 	 	266,971.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	K07443833	 	24-Apr-06	 	01-Oct-09	 	 	 	 	 	USD	 	 	15,000.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	K0744400A	 	25-May-06	 	31-Oct-09	 	 	 	 	 	USD	 	 	40,000.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	K07444710	 	27-Mar-07	 	27-Mar-08	 	 	 	 	 	USD	 	 	100,259.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	K08232799	 	11-Jan-09	 	11-Jan-20	 	 	 	 	 	USD	 	 	12,500.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTCHESTER FIRE INSURANCE COMPANY (ACE)	 	T00714914	 	27-Oct-08	 	01-Dec-10	 	 	 	 	 	USD	 	 	200,000.00	 	 	 	 	 	 	YES
	BONDS
	 	WESTERN SURETY (CAN)	 	58500073	 	01-Feb-10	 	01-Feb-12	 	 	 	 	 	USD	 	 	6,000.00	 	 	 	 	 	 	YES
	IR
	 	AON	 	K06937391	 	01-Jan-04	 	01-Jan-09	 	 	 	 	 	USD	 	 	1,449,200.00	 	 	 	 	 	 	YES
	IR
	 	DRESDNER BANK	 	0174229	 	17-Oct-01	 	31-Oct-09	 	 	 	 	 	EUR	 	 	40,000.00	 	 	 	 	 	 	YES
	IR
	 	INGERSOLL-RAND COMPANY	 	NABRWNROOT	 	12-Jun-01	 	31-Oct-09	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	YES
	IR
	 	INGERSOLL-RAND COMPANY	 	NACHINAPET	 	21-Mar-03	 	31-Oct-09	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	YES
	IR
	 	NAT WEST (ROYAL BK OF SCOTLAND)	 	3022	 	01-Jan-08	 	31-Oct-09	 	 	 	 	 	GBP	 	 	10,000.00	 	 	 	 	 	 	YES
	IR
	 	TRAVELERS CASUALTY & SURETY CO	 	40303002/720400715	 	22-Jul-04	 	22-Jul-09	 	 	 	 	 	USD	 	 	250,000.00	 	 	 	 	 	 	YES
	IR
	 	U.S. CUSTOMS SERVICE	 	3010518 / 990549162	 	07-Oct-04	 	06-Oct-09	 	 	 	 	 	USD	 	 	200,000.00	 	 	 	 	 	 	YES
	PCG
	 	DRESSER-RAND	 	NAALMEER	 	18-Sep-07	 	31-Dec-12	 	 	 	 	 	USD	 	 	717,500.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NACITIPARIS	 	28-Dec-07	 	28-Dec-08	 	 	 	 	 	USD	 	 	33,120,000.00	 	 	 	 	 	 	YES
	PCG
	 	DRESSER-RAND	 	NACONIFEX	 	27-Jan-11	 	31-Dec-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NACOPI	 	21-Jun-10	 	31-Dec-14	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NAEXMOBMAR2010	 	24-Mar-10	 	31-Oct-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NAMALREFCO	 	29-Nov-10	 	15-Mar-11	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NAMOBOCT2010	 	28-Oct-10	 	31-Jan-13	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NAOPCI	 	22-Jul-10	 	22-Jul-10	 	 	 	 	 	EUR	 	 	9,000,000.00	 	 	 	 	 	 	YES
	PCG
	 	DRESSER-RAND	 	NASSB	 	07-Feb-11	 	31-Dec-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND	 	NATRANSPMAY2009	 	18-May-09	 	18-May-10	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	YES
	PCG
	 	DRESSER-RAND COMPANY	 	NACDC	 	29-Jul-05	 	31-Dec-09	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	YES

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Support	 	IssuingEntity	 	LCNo	 	LCIssueDate	 	 	LCExpiryDate	 	 	RevisedExpiryDate	 	 	Currency	 	Amount	 	 	AMOUNTOFCHANGE	 	 	OPENENDED
	PCG
	 	DRESSER-RAND COMPANY	 	NADAELIM1	 	04-Aug-10	 	16-Apr-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NADAELIM2	 	04-Aug-10	 	28-Feb-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NADAELIM3	 	04-Aug-10	 	29-Dec-11	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NADAELIM4	 	04-Aug-10	 	06-Aug-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NAEXMOBDEC09	 	15-Dec-09	 	15-Jan-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NAKENLSBARK	 	26-Nov-08	 	25-Aug-11	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NAORICA	 	14-Dec-09	 	15-Oct-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NASBM1	 	19-May-10	 	04-Sep-14	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NASBM3	 	06-May-10	 	14-May-14	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NASEVAN	 	30-Jul-10	 	10-Jun-14	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NASKENG	 	04-Aug-10	 	28-May-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NASMB2	 	06-May-10	 	30-Jun-14	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NASTATOIL	 	03-Jun-10	 	03-Jun-11	 	 	 	 	 	EUR	 	 	0.00	 	 	 	 	 	 	YES
	PCG
	 	DRESSER-RAND COMPANY	 	NATECHNIP	 	04-Nov-09	 	17-Aug-11	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NATRANSCONT	 	26-Jul-10	 	26-Jul-14	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND COMPANY	 	NAYANBU	 	04-Aug-10	 	09-Jul-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND GLOBAL SERVICES, INC.	 	NAINELCTRA	 	18-Nov-08	 	30-Dec-12	 	 	 	 	 	USD	 	 	300,000.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND GROUP INC.	 	CON-ANG-31-2419 /

 CALL OFF NUMBER 1	 	29-Oct-08	 	15-Dec-12	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	PCG
	 	DRESSER-RAND GROUP INC.	 	NONEDRUKHOLDCL	 	24-Feb-11	 	24-Feb-12	 	 	 	 	 	NA	 	 	0.00	 	 	 	 	 	 	YES
	PCG
	 	DRESSER-RAND GROUP INC.	 	SB08/SME/149	 	22-Jan-09	 	30-Sep-11	 	 	 	 	 	USD	 	 	0.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	5810327505	 	30-Nov-10	 	21-Apr-11	 	 	 	 	 	USD	 	 	312,040.00	 	 	 	-254,064.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	5811035510	 	04-Feb-11	 	14-Mar-11	 	05-Apr-11	 	EUR	 	 	127,865.00	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	61639412	 	31-Mar-05	 	31-Mar-11	 	 	 	 	 	USD	 	 	500,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	61642925	 	13-Jul-05	 	15-Oct-09	 	 	 	 	 	EUR	 	 	44,000.00	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	61657618	 	11-Jan-07	 	15-Jul-11	 	 	 	 	 	EUR	 	 	195,355.05	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	61657624	 	11-Jan-07	 	15-Jun-11	 	 	 	 	 	EUR	 	 	195,355.05	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	61669883	 	24-Aug-07	 	30-Jun-12	 	 	 	 	 	USD	 	 	670,037.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	61671142	 	06-Dec-07	 	30-Sep-11	 	 	 	 	 	INR	 	 	64,857,770.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	61671368	 	24-Dec-07	 	31-Aug-11	 	 	 	 	 	USD	 	 	692,701.30	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	61671708	 	25-Jan-08	 	30-Aug-11	 	 	 	 	 	EUR	 	 	28,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63650717	 	29-Apr-09	 	22-May-12	 	 	 	 	 	USD	 	 	44,672.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63650718	 	29-Apr-09	 	11-Nov-11	 	 	 	 	 	INR	 	 	591,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63650747	 	01-May-09	 	11-Jun-12	 	 	 	 	 	EUR	 	 	155,739.85	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63650870	 	14-May-09	 	13-Jan-12	 	 	 	 	 	USD	 	 	37,960.35	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63650945	 	29-May-09	 	30-Dec-11	 	 	 	 	 	INR	 	 	3,434,912.00	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63651041	 	02-Jun-09	 	15-Jun-11	 	 	 	 	 	INR	 	 	14,500,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651076	 	05-Jun-09	 	13-Jun-11	 	 	 	 	 	USD	 	 	275,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651082	 	05-Jun-09	 	30-Nov-11	 	 	 	 	 	INR	 	 	34,300,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651261	 	23-Jun-09	 	22-Aug-12	 	 	 	 	 	EUR	 	 	12,170.73	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651531	 	16-Jul-09	 	31-May-11	 	 	 	 	 	INR	 	 	10,100,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651553	 	20-Jul-09	 	20-Feb-12	 	 	 	 	 	USD	 	 	6,323.95	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651596	 	24-Jul-09	 	28-Mar-11	 	31-Aug-11	 	EUR	 	 	156,815.00	 	 	 	-81,815.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651801	 	13-Aug-09	 	30-Mar-12	 	 	 	 	 	USD	 	 	25,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651850	 	19-Aug-09	 	31-Oct-11	 	 	 	 	 	INR	 	 	171,186.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651878	 	21-Aug-09	 	30-Sep-11	 	 	 	 	 	EUR	 	 	421,135.78	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651879	 	21-Aug-09	 	31-Jul-11	 	 	 	 	 	USD	 	 	149,498.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63651968	 	27-Aug-09	 	29-Apr-11	 	 	 	 	 	USD	 	 	6,402.35	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652010	 	31-Aug-09	 	31-Oct-11	 	 	 	 	 	EUR	 	 	7,250.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652021	 	01-Sep-09	 	31-Aug-11	 	 	 	 	 	INR	 	 	7,129,087.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652022	 	01-Sep-09	 	16-Apr-12	 	 	 	 	 	INR	 	 	10,652,711.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652069	 	08-Sep-09	 	31-Mar-11	 	 	 	 	 	INR	 	 	12,835,200.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652070	 	08-Sep-09	 	30-Apr-12	 	 	 	 	 	USD	 	 	50,994.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652128	 	11-Sep-09	 	13-Jun-11	 	 	 	 	 	USD	 	 	2,840.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652175	 	17-Sep-09	 	14-Apr-11	 	 	 	 	 	EUR	 	 	58,850.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652257	 	25-Sep-09	 	17-Feb-12	 	 	 	 	 	USD	 	 	9,800.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652262	 	24-Sep-09	 	10-Jan-13	 	 	 	 	 	INR	 	 	57,520,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652274	 	28-Sep-09	 	20-Oct-11	 	 	 	 	 	GBP	 	 	20,000.00	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63652303	 	30-Sep-09	 	31-May-11	 	 	 	 	 	EUR	 	 	193,153.92	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652426	 	13-Oct-09	 	31-Jul-11	 	 	 	 	 	EUR	 	 	16,937.85	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652451	 	13-Oct-09	 	31-Aug-11	 	 	 	 	 	INR	 	 	262,125.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652452	 	13-Oct-09	 	31-Aug-11	 	 	 	 	 	INR	 	 	262,125.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652576	 	29-Oct-09	 	30-Apr-12	 	 	 	 	 	USD	 	 	19,167.90	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652672	 	10-Nov-09	 	31-Jul-11	 	 	 	 	 	USD	 	 	15,400.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652765	 	19-Nov-09	 	29-Jun-12	 	 	 	 	 	USD	 	 	41,217.04	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652780	 	23-Nov-09	 	16-Dec-11	 	 	 	 	 	USD	 	 	57,220.12	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652910	 	04-Dec-09	 	30-Apr-12	 	 	 	 	 	INR	 	 	17,377,450.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652962	 	09-Dec-09	 	20-Jan-12	 	 	 	 	 	USD	 	 	30,200.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652963	 	09-Dec-09	 	06-Jan-12	 	 	 	 	 	USD	 	 	30,200.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63652974	 	10-Dec-09	 	30-Nov-11	 	 	 	 	 	USD	 	 	112,350.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653130	 	21-Dec-09	 	10-Aug-12	 	 	 	 	 	GBP	 	 	68,566.25	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653132	 	21-Dec-09	 	31-Aug-11	 	 	 	 	 	EUR	 	 	7,927.05	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63653134	 	21-Dec-09	 	29-Jul-11	 	 	 	 	 	EUR	 	 	3,511.95	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63653136	 	21-Dec-09	 	29-Jul-11	 	 	 	 	 	EUR	 	 	11,933.50	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63653177	 	23-Dec-09	 	29-Feb-12	 	 	 	 	 	EUR	 	 	36,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653285	 	08-Jan-10	 	24-May-12	 	 	 	 	 	USD	 	 	601,292.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653319	 	13-Jan-10	 	15-Mar-11	 	 	 	 	 	INR	 	 	11,400,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653330	 	15-Jan-10	 	30-Aug-11	 	 	 	 	 	USD	 	 	9,270.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653365	 	20-Jan-10	 	28-Feb-12	 	 	 	 	 	USD	 	 	159,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653414	 	28-Jan-10	 	30-Mar-11	 	14-Sep-11	 	EUR	 	 	350,000.00	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653432	 	29-Jan-10	 	29-Feb-12	 	 	 	 	 	USD	 	 	30,200.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653460	 	03-Feb-10	 	29-Apr-11	 	 	 	 	 	EUR	 	 	244,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653524	 	10-Feb-10	 	29-Nov-11	 	 	 	 	 	INR	 	 	262,125.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653525	 	10-Feb-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	262,125.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653538	 	11-Feb-10	 	30-Sep-11	 	 	 	 	 	EUR	 	 	80,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653546	 	12-Feb-10	 	24-Aug-12	 	 	 	 	 	USD	 	 	3,355.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653562	 	12-Feb-10	 	24-Aug-12	 	 	 	 	 	USD	 	 	3,488.70	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653595	 	19-Feb-10	 	15-Mar-11	 	 	 	 	 	INR	 	 	11,400,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653598	 	19-Feb-10	 	15-Mar-11	 	 	 	 	 	INR	 	 	11,400,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653743	 	05-Mar-10	 	31-Jan-12	 	 	 	 	 	INR	 	 	3,240,000.00	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63653747	 	08-Mar-10	 	31-Mar-11	 	 	 	 	 	BRL	 	 	133,986.76	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63653766	 	10-Mar-10	 	30-Dec-11	 	 	 	 	 	EUR	 	 	33,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653768	 	10-Mar-10	 	29-Feb-12	 	30-Dec-11	 	EUR	 	 	150,000.00	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653802	 	11-Mar-10	 	15-Sep-11	 	 	 	 	 	EUR	 	 	2,428,132.05	 	 	 	 	 	 	YES
	REVOLVER
	 	CITIBANK	 	63653893	 	18-Mar-10	 	29-Sep-11	 	 	 	 	 	INR	 	 	10,990,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653962	 	30-Mar-10	 	30-Jun-11	 	 	 	 	 	USD	 	 	3,979,870.13	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653997	 	01-Apr-10	 	15-Aug-11	 	 	 	 	 	IDR	 	 	85,000,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63653998	 	01-Apr-10	 	15-Aug-11	 	 	 	 	 	IDR	 	 	130,000,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654013	 	06-Apr-10	 	15-Aug-11	 	 	 	 	 	EUR	 	 	195,355.05	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654016	 	02-Apr-10	 	08-Jun-11	 	 	 	 	 	INR	 	 	13,127,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654073	 	12-Apr-10	 	29-Apr-11	 	 	 	 	 	USD	 	 	170,392.29	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654074	 	12-Apr-10	 	29-Apr-11	 	 	 	 	 	USD	 	 	340,784.57	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654133	 	16-Apr-10	 	31-May-11	 	 	 	 	 	USD	 	 	1,014,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654134	 	20-Apr-10	 	04-Apr-11	 	 	 	 	 	USD	 	 	2,748,540.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654203	 	26-Apr-10	 	08-Apr-11	 	 	 	 	 	EUR	 	 	204,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654213	 	26-Apr-10	 	10-Jan-12	 	 	 	 	 	USD	 	 	238,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654214	 	26-Apr-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	1,300,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654332	 	06-May-10	 	13-Jul-12	 	 	 	 	 	EUR	 	 	16,065.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654360	 	07-May-10	 	29-Jun-11	 	 	 	 	 	USD	 	 	3,271,120.13	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654570	 	02-Jun-10	 	29-Apr-11	 	 	 	 	 	EUR	 	 	142,000.00	 	 	 	 	 	 	NO

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Support	 	IssuingEntity	 	LCNo	 	LCIssueDate	 	 	LCExpiryDate	 	 	RevisedExpiryDate	 	 	Currency	 	Amount	 	 	AMOUNTOFCHANGE	 	 	OPENENDED
	REVOLVER
	 	CITIBANK	 	63654652	 	10-Jun-10	 	14-Dec-11	 	 	 	 	 	EUR	 	 	2,335,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654653	 	10-Jun-10	 	14-Dec-11	 	 	 	 	 	USD	 	 	793,178.40	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654660	 	11-Jun-10	 	13-Jul-12	 	 	 	 	 	EUR	 	 	6,400.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654661	 	11-Jun-10	 	16-Jan-12	 	 	 	 	 	USD	 	 	17,750.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654772	 	22-Jun-10	 	29-Apr-11	 	 	 	 	 	USD	 	 	331,048.30	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654793	 	24-Jun-10	 	27-Aug-11	 	 	 	 	 	EUR	 	 	744,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654839	 	29-Jun-10	 	24-Aug-11	 	 	 	 	 	EUR	 	 	170,669.75	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654957	 	13-Jul-10	 	10-Feb-12	 	 	 	 	 	GBP	 	 	159,800.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654974	 	15-Jul-10	 	30-May-12	 	 	 	 	 	INR	 	 	20,030,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654975	 	14-Jul-10	 	09-Sep-11	 	 	 	 	 	INR	 	 	2,078,608.90	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654979	 	14-Jul-10	 	14-Apr-11	 	 	 	 	 	INR	 	 	5,330,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63654991	 	15-Jul-10	 	17-Oct-11	 	 	 	 	 	EUR	 	 	379,144.60	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655044	 	23-Jul-10	 	15-Apr-11	 	 	 	 	 	EUR	 	 	136,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655059	 	22-Jul-10	 	30-May-11	 	 	 	 	 	USD	 	 	15,501.09	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655105	 	26-Jul-10	 	30-Jan-12	 	 	 	 	 	USD	 	 	910,696.60	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655122	 	28-Jul-10	 	29-Apr-11	 	 	 	 	 	EUR	 	 	142,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655303	 	18-Aug-10	 	24-May-11	 	 	 	 	 	EUR	 	 	316,666.67	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655340	 	24-Aug-10	 	02-Apr-11	 	 	 	 	 	EUR	 	 	213,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655364	 	25-Aug-10	 	30-Apr-12	 	 	 	 	 	USD	 	 	2,482,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655389	 	26-Aug-10	 	24-Jun-11	 	 	 	 	 	USD	 	 	159,370.20	 	 	 	106,246.80	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655395	 	26-Aug-10	 	30-Jun-11	 	 	 	 	 	USD	 	 	1,449,360.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655415	 	31-Aug-10	 	29-Apr-11	 	 	 	 	 	EUR	 	 	163,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655420	 	30-Aug-10	 	30-Jun-11	 	 	 	 	 	INR	 	 	2,353,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655430	 	31-Aug-10	 	31-May-11	 	 	 	 	 	USD	 	 	2,535,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655462	 	03-Sep-10	 	12-Dec-11	 	 	 	 	 	USD	 	 	10,644,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655551	 	15-Sep-10	 	04-Apr-11	 	 	 	 	 	EUR	 	 	26,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655552	 	15-Sep-10	 	09-May-11	 	09-Jun-11	 	INR	 	 	1,090,000.00	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655599	 	22-Sep-10	 	30-May-11	 	 	 	 	 	USD	 	 	412,085.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655600	 	21-Sep-10	 	31-Jan-12	 	 	 	 	 	USD	 	 	669,070.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655601	 	21-Sep-10	 	19-Dec-11	 	 	 	 	 	USD	 	 	647,007.15	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655608	 	22-Sep-10	 	30-May-11	 	 	 	 	 	USD	 	 	3,259,020.60	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655610	 	22-Sep-10	 	30-Sep-11	 	 	 	 	 	USD	 	 	497,831.23	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655682	 	28-Sep-10	 	30-Jun-11	 	 	 	 	 	INR	 	 	2,353,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655817	 	18-Oct-10	 	30-May-11	 	 	 	 	 	USD	 	 	618,127.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655818	 	18-Oct-10	 	30-May-11	 	 	 	 	 	USD	 	 	412,085.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655819	 	18-Oct-10	 	30-May-11	 	 	 	 	 	USD	 	 	412,085.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655830	 	19-Oct-10	 	21-Nov-11	 	 	 	 	 	USD	 	 	370,011.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655831	 	19-Oct-10	 	28-Jun-12	 	 	 	 	 	USD	 	 	125,045.90	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655832	 	27-Oct-10	 	06-Jan-12	 	 	 	 	 	USD	 	 	145,377.60	 	 	 	290,755.20	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655833	 	19-Oct-10	 	01-Jun-12	 	 	 	 	 	EUR	 	 	15,940.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655863	 	21-Oct-10	 	27-Jun-11	 	 	 	 	 	USD	 	 	500,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655870	 	22-Oct-10	 	25-Jul-11	 	 	 	 	 	EUR	 	 	193,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655907	 	27-Oct-10	 	13-Apr-11	 	 	 	 	 	EUR	 	 	163,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655908	 	27-Oct-10	 	15-Nov-11	 	 	 	 	 	EUR	 	 	1,084,500.00	 	 	 	723,000.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655926	 	28-Oct-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	2,520,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655934	 	28-Oct-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	3,600,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655935	 	28-Oct-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	1,800,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655939	 	29-Oct-10	 	25-Jan-12	 	 	 	 	 	USD	 	 	 	 	 	 	600,000.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655939	 	29-Oct-10	 	25-Jan-12	 	 	 	 	 	USD	 	 	 	 	 	 	800,000.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655939	 	29-Oct-10	 	25-Jan-12	 	 	 	 	 	USD	 	 	1,750,000.00	 	 	 	700,000.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655946	 	29-Oct-10	 	30-Sep-11	 	 	 	 	 	USD	 	 	4,319,444.10	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655949	 	01-Nov-10	 	31-May-11	 	 	 	 	 	INR	 	 	5,240,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655955	 	01-Nov-10	 	15-Jul-11	 	 	 	 	 	USD	 	 	1,040,752.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655977	 	04-Nov-10	 	23-Mar-11	 	 	 	 	 	EUR	 	 	38,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63655996	 	05-Nov-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	2,700,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656050	 	12-Nov-10	 	26-Sep-11	 	 	 	 	 	EUR	 	 	132,170.92	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656052	 	12-Nov-10	 	12-Sep-11	 	 	 	 	 	INR	 	 	145,872.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656053	 	12-Nov-10	 	27-Jun-11	 	 	 	 	 	EUR	 	 	332,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656066	 	16-Nov-10	 	11-Nov-11	 	 	 	 	 	USD	 	 	563,270.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656067	 	18-Nov-10	 	15-Apr-11	 	 	 	 	 	USD	 	 	61,947.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656069	 	16-Nov-10	 	30-Jul-12	 	 	 	 	 	USD	 	 	827,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656072	 	16-Nov-10	 	16-Jul-12	 	 	 	 	 	EUR	 	 	154,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656078	 	01-Dec-10	 	18-May-12	 	 	 	 	 	USD	 	 	332,991.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656145	 	23-Nov-10	 	30-Dec-11	 	 	 	 	 	INR	 	 	4,550,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656146	 	23-Nov-10	 	30-May-11	 	 	 	 	 	USD	 	 	760,438.14	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656150	 	23-Nov-10	 	30-May-11	 	 	 	 	 	USD	 	 	618,127.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656166	 	29-Nov-10	 	26-Mar-12	 	 	 	 	 	USD	 	 	236,650.60	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656168	 	24-Nov-10	 	20-Jan-12	 	 	 	 	 	EUR	 	 	195,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656170	 	24-Nov-10	 	14-Jul-11	 	 	 	 	 	EUR	 	 	129,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656235	 	02-Dec-10	 	05-Sep-11	 	 	 	 	 	EUR	 	 	4,046,886.75	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656253	 	09-Dec-10	 	25-Jan-12	 	 	 	 	 	USD	 	 	500,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656260	 	13-Dec-10	 	30-May-11	 	 	 	 	 	USD	 	 	1,629,510.30	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656261	 	06-Dec-10	 	20-Jun-11	 	 	 	 	 	EUR	 	 	26,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656273	 	07-Dec-10	 	25-Nov-11	 	 	 	 	 	INR	 	 	20,030,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656274	 	07-Dec-10	 	30-Jun-11	 	 	 	 	 	INR	 	 	2,353,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656296	 	09-Dec-10	 	30-Jul-12	 	 	 	 	 	EUR	 	 	95,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656299	 	10-Dec-10	 	25-Mar-11	 	 	 	 	 	BRL	 	 	56,076.92	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656322	 	13-Dec-10	 	22-Aug-12	 	 	 	 	 	USD	 	 	333,200.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656328	 	14-Dec-10	 	22-Jun-12	 	 	 	 	 	USD	 	 	144,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656350	 	15-Dec-10	 	31-Mar-11	 	 	 	 	 	EUR	 	 	383,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656351	 	17-Dec-10	 	31-Mar-11	 	 	 	 	 	EUR	 	 	383,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656352	 	15-Dec-10	 	22-Aug-12	 	 	 	 	 	CNY	 	 	595,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656405	 	20-Dec-10	 	31-Mar-11	 	 	 	 	 	USD	 	 	135,324.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656406	 	20-Dec-10	 	30-May-11	 	 	 	 	 	USD	 	 	1,629,510.30	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656407	 	20-Dec-10	 	23-Dec-11	 	 	 	 	 	INR	 	 	650,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656445	 	21-Dec-10	 	31-Aug-11	 	 	 	 	 	USD	 	 	7,302,287.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656465	 	23-Dec-10	 	16-Jun-11	 	28-Sep-11	 	GBP	 	 	954,490.00	 	 	 	-34,009.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656515	 	30-Dec-10	 	30-Nov-11	 	 	 	 	 	USD	 	 	287,990.20	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656636	 	13-Jan-11	 	31-May-11	 	 	 	 	 	EUR	 	 	80,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656647	 	14-Jan-11	 	12-Apr-11	 	 	 	 	 	EUR	 	 	142,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656672	 	18-Jan-11	 	29-Sep-11	 	 	 	 	 	USD	 	 	617,287.71	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656675	 	19-Jan-11	 	30-Jan-12	 	 	 	 	 	USD	 	 	615,036.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656678	 	19-Jan-11	 	30-May-11	 	 	 	 	 	USD	 	 	1,086,340.20	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656720	 	24-Jan-11	 	24-Nov-11	 	 	 	 	 	EUR	 	 	301,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656721	 	24-Jan-11	 	30-Dec-11	 	 	 	 	 	USD	 	 	531,300.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656722	 	24-Jan-11	 	30-Dec-11	 	 	 	 	 	USD	 	 	583,050.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656742	 	26-Jan-11	 	12-Sep-11	 	 	 	 	 	EUR	 	 	55,000.00	 	 	 	22,280.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656806	 	02-Feb-11	 	30-Dec-11	 	 	 	 	 	USD	 	 	161,873.20	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656816	 	02-Feb-11	 	30-May-11	 	 	 	 	 	USD	 	 	288,459.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656818	 	02-Feb-11	 	28-Oct-11	 	 	 	 	 	USD	 	 	431,325.30	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656823	 	03-Feb-11	 	28-Sep-11	 	 	 	 	 	GBP	 	 	460,240.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656827	 	03-Feb-11	 	16-Jan-12	 	 	 	 	 	INR	 	 	2,557,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656856	 	14-Feb-11	 	04-Jan-12	 	 	 	 	 	EUR	 	 	368,100.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656887	 	14-Feb-11	 	28-Jun-11	 	 	 	 	 	USD	 	 	220,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656888	 	11-Feb-11	 	29-Sep-11	 	 	 	 	 	USD	 	 	617,287.71	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656889	 	11-Feb-11	 	29-Sep-11	 	 	 	 	 	USD	 	 	929,931.57	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656895	 	11-Feb-11	 	29-Sep-11	 	 	 	 	 	EUR	 	 	70,670.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656925	 	16-Feb-11	 	20-Oct-11	 	 	 	 	 	USD	 	 	50,892.60	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656926	 	16-Feb-11	 	20-Oct-11	 	 	 	 	 	USD	 	 	50,892.60	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656927	 	16-Feb-11	 	14-Sep-11	 	 	 	 	 	EUR	 	 	58,884.80	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656980	 	22-Feb-11	 	21-Nov-11	 	 	 	 	 	USD	 	 	652,236.90	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63656981	 	22-Feb-11	 	27-Jun-11	 	 	 	 	 	USD	 	 	1,194,800.00	 	 	 	 	 	 	NO

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Support	 	IssuingEntity	 	LCNo	 	LCIssueDate	 	 	LCExpiryDate	 	 	RevisedExpiryDate	 	 	Currency	 	Amount	 	 	AMOUNTOFCHANGE	 	 	OPENENDED
	REVOLVER
	 	CITIBANK	 	63656992	 	25-Feb-11	 	01-Nov-11	 	 	 	 	 	USD	 	 	1,199,841.20	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63657011	 	25-Feb-11	 	05-Mar-12	 	 	 	 	 	USD	 	 	131,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63657012	 	28-Feb-11	 	25-Nov-11	 	 	 	 	 	INR	 	 	20,030,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63657036	 	01-Mar-11	 	20-Jul-11	 	 	 	 	 	EUR	 	 	92,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63657037	 	01-Mar-11	 	25-Nov-11	 	 	 	 	 	USD	 	 	422,452.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63657049	 	02-Mar-11	 	25-Nov-11	 	 	 	 	 	USD	 	 	422,452.50	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63661228	 	24-Mar-08	 	31-Mar-11	 	 	 	 	 	INR	 	 	6,417,600.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63661415	 	10-Apr-08	 	30-Apr-11	 	 	 	 	 	EUR	 	 	208,958.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63661519	 	21-Apr-08	 	31-Jul-11	 	26-Mar-12	 	INR	 	 	45,467,770.00	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63661560	 	24-Apr-08	 	31-Jul-11	 	 	 	 	 	EUR	 	 	16,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63662377	 	31-Jul-08	 	30-Oct-11	 	 	 	 	 	EUR	 	 	121,447.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663118	 	20-Oct-08	 	14-Jan-12	 	 	 	 	 	EUR	 	 	9,921.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663130	 	22-Oct-08	 	31-May-12	 	 	 	 	 	EUR	 	 	110,450.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663141	 	23-Oct-08	 	10-Nov-11	 	 	 	 	 	EUR	 	 	4,450.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663283	 	10-Nov-08	 	10-Jan-12	 	 	 	 	 	USD	 	 	580,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663334	 	13-Nov-08	 	24-Oct-11	 	 	 	 	 	USD	 	 	69,319.12	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663559	 	10-Dec-08	 	01-May-11	 	 	 	 	 	USD	 	 	253,816.70	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663653	 	18-Dec-08	 	10-Aug-11	 	 	 	 	 	INR	 	 	1,770,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63663668	 	18-Dec-08	 	10-Jul-11	 	 	 	 	 	INR	 	 	387,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664164	 	17-Feb-09	 	10-May-11	 	 	 	 	 	EUR	 	 	40,377.75	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664165	 	18-Feb-09	 	11-Apr-11	 	 	 	 	 	USD	 	 	57,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664255	 	26-Feb-09	 	31-Jan-12	 	 	 	 	 	USD	 	 	59,090.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664412	 	10-Mar-09	 	31-Aug-11	 	 	 	 	 	USD	 	 	22,750.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664486	 	18-Mar-09	 	30-May-11	 	 	 	 	 	EUR	 	 	41,552.25	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664558	 	24-Mar-09	 	07-May-11	 	 	 	 	 	INR	 	 	6,763,550.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664612	 	30-Mar-09	 	01-Nov-11	 	 	 	 	 	USD	 	 	13,750.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664614	 	30-Mar-09	 	30-Apr-11	 	 	 	 	 	USD	 	 	3,900.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664630	 	30-Mar-09	 	16-Jan-12	 	 	 	 	 	EUR	 	 	585,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664637	 	31-Mar-09	 	15-May-11	 	 	 	 	 	USD	 	 	1,488,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664671	 	02-Apr-09	 	31-Oct-11	 	 	 	 	 	USD	 	 	17,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664674	 	02-Apr-09	 	30-Jun-12	 	 	 	 	 	USD	 	 	9,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664675	 	02-Apr-09	 	28-Feb-12	 	 	 	 	 	EUR	 	 	304,400.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664699	 	06-Apr-09	 	31-May-11	 	 	 	 	 	USD	 	 	89,450.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664759	 	13-Apr-09	 	31-Jan-11	 	29-Apr-11	 	USD	 	 	545,000.00	 	 	 	0.00	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664795	 	16-Apr-09	 	30-Dec-11	 	 	 	 	 	INR	 	 	9,950,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	CITIBANK	 	63664844	 	22-Apr-09	 	30-Jun-11	 	 	 	 	 	GBP	 	 	500,000.00	 	 	 	 	 	 	YES
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS482130	 	21-Jul-10	 	15-Aug-11	 	 	 	 	 	USD	 	 	2,212,257.06	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS482131	 	30-Aug-10	 	31-Aug-11	 	 	 	 	 	USD	 	 	3,000,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS482217	 	30-Nov-10	 	11-Apr-11	 	 	 	 	 	USD	 	 	140,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS482590	 	13-Oct-10	 	16-Jun-11	 	 	 	 	 	EUR	 	 	370,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS483010	 	07-Dec-10	 	30-Jul-12	 	 	 	 	 	EUR	 	 	163,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS483011	 	21-Jan-11	 	30-May-11	 	 	 	 	 	USD	 	 	349,987.50	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS483344	 	18-Jan-11	 	25-Jul-11	 	 	 	 	 	USD	 	 	140,000.00	 	 	 	20,000.00	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522150	 	16-Jun-09	 	13-Jun-11	 	 	 	 	 	USD	 	 	170,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522151	 	15-Jul-09	 	06-Apr-11	 	10-Feb-12	 	USD	 	 	151,698.95	 	 	 	0.00	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522182	 	18-Jun-09	 	30-May-12	 	 	 	 	 	GBP	 	 	1,005,399.50	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522204	 	23-Jun-09	 	21-May-12	 	 	 	 	 	GBP	 	 	260,547.39	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522205	 	23-Jun-09	 	30-Nov-11	 	 	 	 	 	GBP	 	 	170,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522546	 	30-Jul-09	 	27-Feb-12	 	 	 	 	 	GBP	 	 	161,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522547	 	03-Dec-09	 	30-Sep-11	 	 	 	 	 	NOK	 	 	423,682.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522594	 	10-Aug-09	 	07-Sep-11	 	 	 	 	 	USD	 	 	47,589.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522595	 	10-Aug-09	 	12-Sep-11	 	 	 	 	 	USD	 	 	46,974.30	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522666	 	18-Aug-09	 	14-Mar-11	 	 	 	 	 	USD	 	 	235,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522677	 	19-Aug-09	 	31-Mar-11	 	 	 	 	 	INR	 	 	3,021,175.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522693	 	27-Aug-09	 	29-May-11	 	 	 	 	 	USD	 	 	14,482,219.24	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522764	 	02-Sep-09	 	31-Oct-11	 	 	 	 	 	INR	 	 	10,490,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522836	 	16-Sep-09	 	29-Nov-11	 	 	 	 	 	EUR	 	 	80,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522837	 	18-Sep-09	 	25-Aug-12	 	 	 	 	 	EUR	 	 	53,823.22	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS522858	 	18-Sep-09	 	28-Sep-11	 	 	 	 	 	NOK	 	 	466,050.20	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523084	 	20-Nov-09	 	15-Oct-11	 	 	 	 	 	EUR	 	 	67,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523085	 	21-May-10	 	10-Aug-12	 	 	 	 	 	EUR	 	 	71,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523320	 	03-Dec-09	 	30-Sep-11	 	 	 	 	 	NOK	 	 	423,682.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523448	 	18-Dec-09	 	21-Dec-11	 	 	 	 	 	USD	 	 	129,853.40	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523736	 	02-Feb-10	 	02-May-11	 	 	 	 	 	NOK	 	 	616,245.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523806	 	18-Mar-10	 	31-May-12	 	 	 	 	 	USD	 	 	371,800.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS523975	 	28-May-10	 	31-Aug-11	 	 	 	 	 	USD	 	 	3,450,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS524094	 	18-Mar-10	 	31-Oct-11	 	 	 	 	 	GBP	 	 	74,397.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS524200	 	30-Mar-10	 	15-Apr-11	 	 	 	 	 	USD	 	 	50,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS524799	 	22-Jul-10	 	20-Jun-11	 	 	 	 	 	EUR	 	 	555,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537269	 	19-Jun-08	 	31-Aug-11	 	 	 	 	 	EUR	 	 	28,635.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537360	 	25-Jun-08	 	30-Jun-11	 	 	 	 	 	GBP	 	 	4,000,000.00	 	 	 	-894,402.11	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537559	 	18-Aug-08	 	06-Sep-11	 	 	 	 	 	EUR	 	 	11,750.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537573	 	23-Jul-08	 	29-Apr-11	 	 	 	 	 	USD	 	 	57,500.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537574	 	25-Jul-08	 	30-Sep-11	 	 	 	 	 	EUR	 	 	32,965.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537614	 	25-Jul-08	 	28-Mar-11	 	 	 	 	 	INR	 	 	57,170,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537615	 	26-Aug-08	 	08-Jun-11	 	 	 	 	 	INR	 	 	13,127,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537804	 	26-Aug-08	 	09-May-11	 	 	 	 	 	INR	 	 	3,375,595.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537805	 	26-Aug-08	 	31-Mar-11	 	 	 	 	 	INR	 	 	45,467,770.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537806	 	27-Aug-08	 	10-Jun-11	 	 	 	 	 	EUR	 	 	9,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS537969	 	16-Sep-08	 	30-Jan-12	 	 	 	 	 	INR	 	 	9,760,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538117	 	10-Oct-08	 	31-Mar-11	 	 	 	 	 	INR	 	 	45,467,770.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538362	 	24-Nov-08	 	11-Jul-11	 	 	 	 	 	EUR	 	 	17,075.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538363	 	25-Nov-08	 	29-Jul-11	 	 	 	 	 	EUR	 	 	106,397.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538366	 	13-Nov-08	 	29-Jun-12	 	 	 	 	 	USD	 	 	820,356.65	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538446	 	25-Nov-08	 	29-Jun-12	 	 	 	 	 	EUR	 	 	8,530.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538447	 	04-Dec-08	 	29-Jul-11	 	 	 	 	 	EUR	 	 	12,595.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538467	 	04-Dec-08	 	29-Jul-11	 	 	 	 	 	USD	 	 	15,750.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538487	 	03-Dec-08	 	30-May-11	 	 	 	 	 	EUR	 	 	55,614.06	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538812	 	02-Feb-09	 	31-Mar-11	 	 	 	 	 	INR	 	 	45,467,770.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS538813	 	02-Feb-09	 	30-Sep-11	 	 	 	 	 	INR	 	 	6,283,185.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS539074	 	03-Feb-09	 	31-Aug-11	 	 	 	 	 	USD	 	 	766,091.50	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS539253	 	01-Apr-09	 	31-Jan-12	 	 	 	 	 	USD	 	 	348,197.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS578958	 	30-May-08	 	29-Apr-11	 	 	 	 	 	EUR	 	 	125,000.00	 	 	 	 	 	 	NO
	REVOLVER
	 	JPMORGAN CHASE	 	L5LS578965	 	23-May-08	 	30-May-11	 	 	 	 	 	EUR	 	 	50,000.00	 	 	 	 	 	 	NO
	RUNOFF
	 	SOCIETE GENERALE	 	940082 - A04035106	 	01-Jan-02	 	31-Dec-09	 	 	 	 	 	EUR	 	 	576,000.00	 	 	 	 	 	 	YES
	RUNOFF
	 	UNICREDITO ITALIANO	 	460000205877	 	01-Jan-01	 	30-Nov-06	 	 	 	 	 	EUR	 	 	7,746.85	 	 	 	 	 	 	YES

 

 

 

Schedule 6.02(a)

Liens

Dresser-Rand Company:

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	12/31/2001
	 	256886	 	Financing Statement	 	GE CAPITAL MODULAR 
SPACEMALVERN, PA
	09/12/2006
	 	200609125883634	 	Continuation	 	 
	04/15/2004
	 	200404155299358	 	Financing Statement	 	MARMON/KEYSTONE CORPORATION
BUTLER, PA
	03/23/2009
	 	200903235261811	 	Continuation	 	 
	07/27/2005
	 	200507275668126	 	Financing Statement	 	GENERAL ELECTRIC CAPITALCORPORATION
DANBURY, CT
	06/22/2010
	 	201006225600387	 	Continuation	 	 
	03/08/2006
	 	200603085221439	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/27/2006
	 	200603275287273	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	04/19/2006
	 	200604195373168	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	05/16/2006
	 	200605165473659	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	05/19/2006
	 	200605195486070	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/08/2006
	 	200606085560003	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/08/2006
	 	200606085560015	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/15/2006
	 	200606155588765	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/26/2006
	 	200606265627318	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/30/2006
	 	200606305656596	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	07/05/2006
	 	200607055666495	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	07/14/2006
	 	200607145704939	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	07/18/2006
	 	200607185713025	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/17/2006
	 	200608175815639	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/29/2006
	 	200608295848417	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/13/2006
	 	200609135885008	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/29/2006
	 	200609295951494	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	10/11/2006
	 	200610115990517	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	10/16/2006
	 	200610166005927	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	10/18/2006
	 	200610186014639	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	10/31/2006
	 	200610316062070	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	11/09/2006
	 	200611096088574	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/09/2006
	 	200611096089576	 	Financing Statement	 	OCE FINANCIAL SERVICES, INC.
CHICAGO, IL
	11/15/2006
	 	200611156110689	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/15/2006
	 	200611156110920	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/16/2006
	 	200611160914514	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/16/2006
	 	200611160914691	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/27/2006
	 	200611276142871	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/28/2006
	 	200611286146249	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/22/2006
	 	200612226240883	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/29/2006
	 	200612296258036	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/10/2007
	 	200701105038306	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/30/2007
	 	200701305109222	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/07/2007
	 	200702075139696	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/27/2007
	 	200702275204647	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	03/06/2007
	 	200703065253143	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/12/2007
	 	200703125276839	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/14/2007
	 	200703145284905	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/22/2007
	 	200703225310632	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/27/2007
	 	200703275327524	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	04/25/2007
	 	200704255429237	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/05/2007
	 	200706055552139	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	06/21/2007
	 	200706215610050	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/17/2007
	 	200708175804703	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	08/17/2007
	 	200708175805820	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/21/2007
	 	200708215815604	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/23/2007
	 	200708235825635	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/28/2007
	 	200708285839292	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	08/31/2007
	 	200708315851360	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	09/04/2007
	 	200709045858307	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/07/2007
	 	200709075871779	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/10/2007
	 	200709105876308	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/11/2007
	 	200709115882137	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/19/2007
	 	200709195914447	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/26/2007
	 	200709265939913	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	10/01/2007
	 	200710015957520	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	10/19/2007
	 	200710196020078	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	10/30/2007
	 	200710306054756	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/05/2007
	 	200711056075684	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/12/2007
	 	200711126107359	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/16/2007
	 	200711166125836	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/29/2007
	 	200711296168782	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/30/2007
	 	200711306174221	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	12/17/2007
	 	200712176232851	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/26/2007
	 	200712266259337	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/27/2007
	 	200712276262627	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/28/2007
	 	200712286267592	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/02/2008
	 	200801025000263	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/02/2008
	 	200801025005388	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/02/2008
	 	200801025009300	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/02/2008
	 	200801025009590	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/03/2008
	 	200801035011991	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/09/2008
	 	200801095026184	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/18/2008
	 	200801185056376	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	01/28/2008
	 	200801285077559	 	Financing Statement	 	OCE FINANCIAL SERVICES, INC.
CHICAGO, IL
	01/30/2008
	 	200801305092176	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	05/02/2008
	 	200805025484974	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	05/22/2008
	 	200805225569320	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/09/2008
	 	200806095636264	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/11/2008
	 	200806115653683	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/13/2008
	 	200806135664591	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/16/2008
	 	200806160429126	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/25/2008
	 	200806255717260	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/26/2008
	 	200806265725423	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/30/2008
	 	200806305736730	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	07/01/2008
	 	200807015746504	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	07/17/2008
	 	200807175810338	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	07/22/2008
	 	200807225827625	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	08/18/2008
	 	200808185924573	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/24/2008
	 	200809246054637	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/29/2008
	 	200809296072142	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	10/06/2008
	 	200810066103182	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/04/2008
	 	200811046197199	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/19/2008
	 	200811196248264	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/20/2008
	 	200811206251911	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/09/2008
	 	200812096305825	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/31/2008
	 	200812316383155	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/05/2009
	 	200901055007342	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/22/2009
	 	200901225073183	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	01/26/2009
	 	200901265083954	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/12/2009
	 	200902125149072	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/13/2009
	 	200902135152071	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/17/2009
	 	200902175155796	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/26/2009
	 	200902265189037	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/26/2009
	 	200903265275816	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	04/28/2009
	 	200904285388796	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	05/01/2009
	 	200905015402287	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	05/13/2009
	 	200905135440030	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	05/29/2009
	 	200905295499973	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/01/2009
	 	200906015504932	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	06/18/2009
	 	200906185564957	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	07/21/2009
	 	200907215666128	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	08/31/2009
	 	200908315788179	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	09/25/2009
	 	200909255866364	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/16/2009
	 	200911166026981	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/17/2009
	 	200911176031465	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	11/25/2009
	 	200911256058747	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/03/2009
	 	200912036083239	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/04/2009
	 	200912046087075	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/07/2009
	 	200912076091640	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/10/2009
	 	200912106105155	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY

 

 

 

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	12/17/2009
	 	200912176141143	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/31/2009
	 	200912316181680	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	01/04/2010
	 	201001045006238	 	Financing Statement	 	US BANCORP
MARSHALL, MN
	02/22/2010
	 	201002225159952	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	02/25/2010
	 	201002255172918	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/09/2010
	 	201003095211883	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/09/2010
	 	201003095213952	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	03/26/2010
	 	201003265274300	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	05/11/2010
	 	201005115443251	 	Financing Statement	 	IBM CREDIT LLC
ARMONK, NY
	12/13/2010
	 	201012130672173	 	Financing Statement	 	ELECTRIC BOAT CORPORATION
GROTON, CT

 

 

 

Dresser-Rand Group Inc.:

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	04/07/2006
	 	61320332	 	Financing Statement	 	TCF EQUIPMENT FINANCE, INC.
	06/14/2006
	 	62033298	 	Financing Statement	 	NMHG FINANCIAL SERVICES INC.
	09/11/2006
	 	63138880	 	Financing Statement	 	CISCO SYSTEMS CAPITAL CORPORATION
	10/12/2010
	 	03560632	 	Amendment	 	 
	07/30/2007
	 	73120077	 	Financing Statement	 	WELLS FARGO EQUIPMENT FINANCE, INC.
	10/31/2007
	 	74138169	 	Amendment	 	 
	11/29/2007
	 	74579313	 	Amendment	 	 
	8/31/2007
	 	73316006	 	Financing Statement	 	CITICORP LEASING, INC.
	10/16/2007
	 	73894762	 	Financing Statement	 	NMHG FINANCIAL SERVICES INC.
	02/25/2010
	 	00648919	 	Financing Statement	 	U.S. BANCORP
	03/01/2010
	 	00685218	 	Financing Statement	 	U.S. BANCORP

Dresser-Rand Power LLC:

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	11/16/2006
	 	74311527	 	Financing Statement	 	MODULAR SPACE CORPORATION
	09/16/2008
	 	83127865	 	Financing Statement	 	MODULAR SPACE CORPORATION

 

 

 

Dresser-Rand LLC:

	 	 	 	 	 	 	 
	FILE	 	 	 	 	 	 
	DATE	 	FILE #	 	TYPE OF FILING	 	SECURED PARTY / ASSIGNEE
	11/13/2007
	 	64002697	 	Financing Statement	 	OCE’ FINANCIAL SERVICES, INC.
	12/07/2006
	 	64262413	 	Financing Statement	 	OCE’ FINANCIAL SERVICES, INC.
	03/26/2008
	 	81053907	 	Financing Statement	 	IBM CREDIT LLC
	03/27/2008
	 	81076619	 	Financing Statement	 	IBM CREDIT LLC
	03/31/2008
	 	81113560	 	Financing Statement	 	IBM CREDIT LLC
	04/01/2008
	 	81139540	 	Financing Statement	 	IBM CREDIT LLC
	04/25/2008
	 	81451895	 	Financing Statement	 	IBM CREDIT LLC

 

 

 

Schedule 6.04

Investments

Part I

Subsidiaries

Equity Interests of Subsidiaries listed on Schedule 3.07(g)

Minority Interests

	 	 	 	 	 	 	 	 	 
	 	 	Jurisdiction/	 	Authorized	 	 	 	 
	Name	 	Structure	 	Equity	 	Equity Holders	 	Equity Held

	Service Center
	 	Uzbekistan/ Corporation	 	100 shares	 	Dresser-Rand B.V.	 	49 shares (49%)
	 
	 	 	 	 	 	Uzneftegazmas	 	51 shares (51%)
	Dresser-Rand & Enserv Services Sdn. Bhd.
	 	Malaysia/ Corporation	 	4,000 shares	 	Dresser-Rand Holding (Delaware) LLC
Enserv Sdn. Bhd.	 	1,960 shares (49%)

2,040 shares (51%)
	Dresser Rand Field Operations Middle East LLC
	 	Abu Dhabi/LLC	 	Membership Interests	 	International Development Co.
Dresser-Rand Holding (Delaware) LLC	 	Membership Interest – 51%
Membership Interest – 49%
	Echogen Power Systems, LLC
	 	Ohio/LLC	 	Membership Interests	 	Dresser-Rand Company	 	Membership Interest – 10% (20% as of July 31, 2011)
	Ramgen Power Systems, LLC
	 	Washington/LLC	 	Membership Interests	 	Dresser-Rand Company	 	Membership Interest – 29.2%

Intercompany Investments

Investments as detailed in the Schedule of Intercompany Loans.

 

 

 

Part II

Other Intercompany Investments

Guarantees of the obligations of Subsidiaries (other than Domestic Loan Parties) including, without
limitation, any Letters of Credit issued to support such obligations and any extensions, renewals
or replacements thereof.

 

 

 

Schedule 6.07

Transactions with Affiliates

Partnership Agreements

Agreement between Dresser-Rand Holding (Delaware) LLC. and Enserv Services Sdn. Bhd., as regards
Dresser-Rand & Enserv Services Sdn. Bhd., Malaysia registered September 1, 1994.

Agreement between Dresser-Rand B.V. and Uzneftegazmash as regards Uzbekistan Service Center joint
venture entered into August 7, 2000.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00188-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00188-of-00352.parquet"}]]