Document:

Third Amendment of Credit Agreement

 EXHIBIT 10(a) 
  
 THIRD MODIFICATION IN TERMS AGREEMENT 
  
 THIS THIRD MODIFICATION IN TERMS AGREEMENT (the “Modification”), dated as of November 12, 2004 (the
“Effective Date”), is entered into by and among MPW Industrial Services Group, Inc. (“MPW Group”), each of the Subsidiaries of MPW Group listed on the Schedule of Subsidiary Borrowers attached hereto, the Lenders listed on the
signature pages of this Modification, and Bank One, NA, [Main Office Columbus], as Administrative Agent and LC Issuer. 
  
 Background Information 
  
 A. Borrowers, Lenders, Administrative Agent and LC Issuer entered into a certain Credit Agreement, dated as of June 18, 2002, as amended by (i) a
Modification In Terms Agreement, dated as of April 27, 2004, and (ii) a Second Modification In Terms Agreement, dated as of August 6, 2004 (such credit agreement, as so amended, the “Agreement”). 
  
 B. Lenders have (i) agreed to extend Revolving Loans to Borrowers in the
maximum principal amount of $35,000,000, and (ii) extended Term Loans to Borrowers in the original principal amount of $6,000,000, pursuant to the Agreement. 
  
 C. Borrowers have requested that (i) the Facility Termination Date (which is the termination date of the Commitments of the Lenders to extend Revolving
Loans to Borrowers) be extended from July 1, 2005 to October 1, 2005, and (ii) the Term Loan Maturity Date be extended from July 1, 2005 to October 1, 2005, and the Lenders are willing to consent to the same, pursuant to the terms and conditions as
set forth herein. 
  
 Provisions 
  
 NOW, THEREFORE, in consideration of their mutual agreements hereunder and
under the Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrowers, Lenders and LC Issuer hereby agree as follows: 
  
 1. Capitalized Terms. Except as otherwise defined herein, the
capitalized terms used herein shall have the same meanings as set forth in the Agreement. 
  
 2. Modification of Terms. 
  
 (a) The Facility Termination Date shall be extended from July 1, 2005 to October 1, 2005, and in that connection the definition of “Facility Termination Date” set forth in Article I of the Agreement is hereby amended in its
entirety to provide as follows: 
  
 ““Facility Termination Date” means October 1, 2005 or any later date as may be specified as the Facility Termination Date in accordance with Section 2.20 or any earlier date on which the Aggregate Revolving Commitment is
reduced to zero or otherwise terminated pursuant to the terms hereof.” 

 (b) The Term Loan Maturity Date shall be extended from July 1, 2005 to October 1, 2005, and in that
connection the definition of “Term Loan Maturity Date” set forth in Article I of the Agreement is hereby amended in its entirety to provide as follows: 
  
 ““Term Loan Maturity Date” means October 1, 2005.” 
  
 (c) The quarterly principal installment payable on September 30, 2005 with
respect to the Term Loans shall not be required because of such extension of the Term Loan Extension Date, and in that connection Section 2.3(ii) of the Agreement is hereby amended in its entirety to provide as follows: 
  
 “(ii) The principal of Term Loans shall be payable in
installments of $300,000 each, which shall be due and payable on each Payment Date (but excluding September 30, 2005), commencing with the first such date to occur after the date of this Agreement, and all remaining outstanding principal of the Term
Loans shall be due and payable on the Term Loan Maturity Date.” 
  
 3. Conditions to Lender’s Obligations. The agreement of Lenders and LC Issuer to enter into this Modification, and for Lenders and LC Issuer to be bound by the terms hereof, are subject to the satisfaction of the following
conditions precedent: 
  
 (a) Delivery of
Documents. On or prior to the Effective Date, Administrative Agent shall have received such certificates, documents and other items as Administrative Agent, in its reasonable discretion, deems necessary or desirable. 
  
 (b) Representations and Warranties. The
representations and warranties made by Borrowers in this Modification shall be true and correct in all material respects as of the date of this Modification. 
  
 4. Exhibits and Schedules. Each Borrower confirms and warrants that the information set forth in all schedules and exhibits to the Agreement is
true, accurate and complete as of the date hereof. 
  
 5.
Representations and Warranties; No Defaults. Each Borrower hereby represents and warrants to Lenders, LC Issuer and Administrative Agent that the following are true and correct as of the date of this Modification: 
  
 (a) except as otherwise disclosed to the Lenders,
Administrative Agent and LC Issuer, the representations and warranties of each Borrower contained in the Agreement are true and correct on and as of the date of this Modification as if made on and as of such date, unless stated to relate to a
specific earlier date, in which case they were true, correct and complete in all material respects on and as of such earlier date; 
  

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 (b) except as otherwise disclosed to the Lenders, Administrative Agent and LC Issuer, all
financial statements and information of Borrowers provided to Administrative Agent and Lenders are true, accurate and complete in all material respects as of the date of, and for the periods covered by, such financial statements and information;

  
 (c) neither this Modification nor any other
document, certificate or written statement furnished to Administrative Agent and/or Lenders or to special counsel to Administrative Agent by or on behalf of any Borrower in connection with the transactions contemplated hereby contains any untrue
statement of a material fact or omits to state a material fact necessary in order to make the statements contained herein and therein not misleading; 
  
 (d) each Borrower has full power and authority (i) to execute, deliver and perform this Modification, and (ii) to incur the obligations
provided for herein and therein, all of which have been duly authorized by all necessary and proper action by each Borrower; 
  
 (e) no consent, waiver or authorization of, or filing with, any person, entity or governmental authority is required to be made or
obtained by any Borrower in connection with the execution, delivery, performance, validity or enforceability of this Modification; 
  
 (f) this Modification constitutes the legal, valid and binding obligation of Borrowers, enforceable against Borrowers in accordance with
its terms; 
  
 (g) giving effect to the changes
to the Agreement contemplated by this Modification, no Unmatured Default nor Default has occurred and is continuing; 
  
 (h) no event has occurred which would have a Material Adverse Effect; and 
  
 (i) the execution and delivery by Borrowers of this Modification and the performance by Borrowers of this
Modification and the transactions contemplated hereby: (i) do not and will not violate any law or regulation; (ii) do not and will not violate any order, decree or judgment by which any Borrower is bound; (iii) do not and will not violate or
conflict with, result in a breach of or constitute (with notice, lapse of time, or otherwise) a default under any material agreement, mortgage, indenture or other contractual obligation to which any Borrower is a party, or by which any
Borrower’s properties are bound; or (iv) do not and will not result in the creation or imposition of any lien upon any property or assets of any Borrower. 
  

6. Reaffirmation of Liability. Subject to the terms and conditions contained herein, each Borrower hereby reaffirms its liability to Lender
under the Agreement, the Collateral Documents, the Notes, the other Loan Documents and all other agreements and instruments executed by Borrowers for the benefit of Administrative Agent, Lenders or LC Issuer in connection with the Agreement and the
Revolving Loans and the Term Loans (collectively, the “Bank Documents”). Without limiting the generality of the foregoing, each Borrower reaffirms all of its payment obligations, including with respect to the Revolving Loans and the Term
Loans under the Agreement and the Notes and with respect to the LC Obligations. In addition, each Borrower agrees that Administrative Agent, each 
  

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 Lender and LC Issuer have performed all of their obligations under the Bank Documents and that none of Administrative
Agent, any Lender or LC Issuer is in default under any obligation any of them has or ever did have to any Borrower under the Bank Documents or any other agreement. As a specific inducement and consideration to Lenders, Administrative Agent and LC
Issuer to enter into this Modification and agree to the transactions contemplated hereby, each Borrower hereby waives and releases each Lender, Administrative Agent and LC Issuer, their respective officers, directors, employees and representatives,
from any and all claims or causes of actions, if any, accruing on or before the date hereof and arising out of the past and/or present business relationship among each Borrower and each Lender, Administrative Agent or LC Issuer which any Borrower
now has or may have or in the future may have against any Lender, Administrative Agent or LC Issuer or any of their respective officers, directors, employees or representatives. 
  
 7. Effectiveness of Modification. All of the terms, covenants and conditions of, and the obligations of Borrowers
under, the Bank Documents shall remain in full force and effect as modified hereby. 
  
 8. Preservation of Existing Security Interests. Each mortgage, security interest, pledge, assignment, lien or other conveyance or encumbrance of any right, title, or interest in any property of any kind
delivered to Administrative Agent for the benefit of Lenders at any time by any Borrower or any other Person in connection with the Bank Documents or to secure the performance of the obligations of Borrowers under the Bank Documents, including
pursuant to the Collateral Documents, shall remain in full force and effect following the execution of this Modification. 
  
 9. Expenses. Borrowers shall reimburse Administrative Agent for any costs, internal charges and out-of-pocket expenses (including reasonable
attorneys’ fees and time charges of attorneys for Administrative Agent and Lenders, which attorneys may be employees of Administrative Agent and Lenders) paid or incurred by Administrative Agent and Lenders in connection with the preparation,
negotiation, execution, delivery, performance, review, amendment, modification, and administration of this Modification, the Agreement and the other Bank Documents. Borrowers also agree to reimburse Administrative Agent for any costs, internal
charges and out-of-pocket expenses (including reasonable attorneys’ fees and time charges of attorneys for Administrative Agent and Lenders, which attorneys may be employees of Administrative Agent and Lenders) paid or incurred by
Administrative Agent and Lenders in connection with the collection and enforcement of the Agreement and the other Bank Documents. 
  
 10. Applicable Law. This Modification shall be construed in accordance with the internal laws (but without regard to the conflict of laws
provisions) of the State of Ohio, but giving effect to federal laws applicable to national banks. 
  
 11. Severability. Any provision of this Modification that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective only to the extent of such prohibition or unenforceability, without invalidating the remaining provisions hereof or affecting the validity or enforceability of such provision in any other jurisdiction. 
  

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 12. Counterparts. This Modification may be executed in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument. 
  
 13. Amendments and Supplements. This Modification may not be amended or supplemented except by an instrument in writing executed by Borrowers and
Agent. 
  
 14. Covenants to Survive, Binding Agreement.
This Modification shall be binding upon and inure to the benefit of Borrowers, Lenders, Administrative Agent and LC Issuer and their respective successors or assigns; provided, however, that Borrowers may not assign or otherwise dispose of any of
their rights or obligations hereunder. 
  
 15. Entire
Agreement. This Modification embodies the entire agreement and understanding among Borrowers, Administrative Agent, Lenders and LC Issuer relating to, and supersedes all prior agreements and understandings among Borrowers, Administrative Agent,
Lenders and LC Issuer relating to, the subject matter hereof. 
  
 16. Headings. The headings of the sections of this Modification are for convenience only and shall not affect the meaning or interpretation of this Modification. 
  
 17. Interpretation. This Modification is to be deemed to have been prepared jointly by the parties hereto, and any
uncertainty or ambiguity existing herein shall not be interpreted against any party but shall be interpreted according to the rules for the interpretation of arm’s length agreements. 
  
 18. WAIVER OF JURY TRIAL. EACH BORROWER, ADMINISTRATIVE AGENT, LC ISSUER AND EACH LENDER HEREBY WAIVE TRIAL BY
JURY IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH ANY LOAN DOCUMENT OR THE RELATIONSHIP ESTABLISHED THEREUNDER.

  
 [Signatures on following pages] 
  

 5 

 IN WITNESS WHEREOF, the parties hereto entered into this Modification to be effective as of the Effective
Date. 
  

			
	 BORROWERS:

	
	 MPW Industrial Services Group, Inc.

		
	 By:
	 	 /s/ Robert Valentine

	 Name:
	 	 Robert Valentine

	 Title:
	 	 Vice President, Chief Operating Officer, Chief Financial Officer, Secretary and Treasurer

	
	 Each of the Other Borrowers Listed

	 on the Schedule of Subsidiary Borrowers

		
	 By:
	 	 /s/ Robert Valentine

	 Name:
	 	 Robert Valentine

	 Title:
	 	 Vice President, Chief Operating Officer, Chief Financial Officer, Secretary and Treasurer

  
 [Signatures of
Lenders, Administrative Agent and LC Issuer on Following Pages] 
  

 6 

			
	BANK ONE, NA,
	[Main Office Columbus],
	as a Lender and as Administrative Agent and LC Issuer
		
	By:	 	 /s/ Geoffrey M. Eagleson

	 	 	Geoffrey M. Eagleson, First Vice President

  

 7 

			
	 NATIONAL CITY BANK,

	 as a Lender

		
	 By:
	 	 /s/ Robert C. Wolfinger

	 	 	 Robert C. Wolfinger, Senior Vice President

  

 8 

 SCHEDULE OF SUBSIDIARY BORROWERS 
  
 Aquatech Environmental, Inc. 
 MPW Industrial
Services, Inc. 
 MPW Management Services Corp. 
 MPW Industrial
Water Services, Inc. 
 MPW Container Management Corp. 
 MPW
Container Management Corp. of Michigan 
 MPW Industrial Services of Indiana, LLC 
 MPW Industrial Cleaning Corp. 
  

 9Form of Non-Qualified Stock Option Agreement

 EXHIBIT 10.1 
  
 FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT 
 FOR NON-EMPLOYEE DIRECTORS 
 UNDER THE ZOLL MEDICAL CORPORATION 
 NON-EMPLOYEE DIRECTORS’ STOCK OPTION PLAN 
  
 Name of Optionee:
                                       
                                  
 No. of Option Shares:
                                       
  
 Option Exercise Price per Share:
                                       
          
 Grant Date:
                                       
                                        
    
 Expiration Date:
                                       
                                    
  
 Pursuant to the Zoll Medical Corporation Non-Employee Directors’ Stock
Option Plan (the “Plan”) as amended through the date hereof, Zoll Medical Corporation (the “Company”) hereby grants to the Optionee named above, who is a Director of the Company but is not an employee of the Company, an option
(the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.02 per share (the “Stock” and the “Option Shares”) of the Company
specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. 
  
 1. Vesting. No portion of this Stock Option may be exercised until the Option Shares to be exercised shall have vested. All Option Shares shall be
fully vested and exercisable on the fourth anniversary of the Grant Date. No vesting shall occur after the date that the Director to whom such option was granted ceases for any reason to serve as a Director of the Company. Except as set forth below
or in the Plan, this Stock Option shall be vested and exercisable with respect to the following number of Option Shares on the date indicated: 
  

					
	 Incremental (Aggregate) Number
 Of Option
Shares Exercisable

	  	 	  	 Vesting Date

	  

	  	 [    %]
	  	

	  

	  	 [    %]
	  	  

	  

	  	 [    %]
	  	  

	  

	  	 [    %]
	  	  

  
 In the event of the
occurrence of any transaction listed in Section 7 of the Plan, this Stock Option shall become immediately vested and exercisable in full, whether or not vested and exercisable at such time. Once vested, this Stock Option shall continue to be
exercisable at any time or times prior to the close of business on the effective date of such transaction, subject to the provisions hereof and of the Plan. 
  
 2. Exercise of Stock Option. 
  
 (a) The Optionee may exercise this Option only in the following manner: from time to time on or prior to the Expiration Date of this Option, the Optionee
may give written notice to the Board of Directors or its authorized committee (the “Administrator”) of his or her election to purchase some or all of the vested Option Shares purchasable at the time of such notice. This notice shall
specify the number of Option Shares to be purchased. 
  
 Payment
of the Stock Option purchase price for the Option Shares may be made by one or more of the following methods: (i) in cash, by certified or bank check or other instrument acceptable to the Administrator; (ii) in the form of shares of Stock that are
not then subject to restrictions under any Company plan and that have been held by the Optionee for at least six months prior to the exercise date; or (iii) by the Optionee delivering to the Company a properly executed exercise notice together with
irrevocable instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Administrator to pay the Stock Option purchase price, provided that in the event the Optionee chooses to pay the Stock Option
purchase price as so provided in this subsection (iii), the Optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such
payment procedure. Payment instruments will be received subject to collection. 

 The delivery of certificates representing the Option Shares will be contingent upon the Company’s
receipt from the Optionee of full payment for the Option Shares, as set forth above and any agreement, statement or other evidence that the Administrator may require to satisfy itself that the issuance of Stock to be purchased pursuant to the
exercise of Options under the Plan and any subsequent resale of the shares of Stock will be in compliance with applicable laws and regulations. 
  
 (b) Certificates for shares of Stock purchased upon exercise of this Stock Option shall be issued and delivered to the Optionee upon compliance to the
satisfaction of the Administrator with all requirements under applicable laws or regulations in connection with such issuance and with the requirements hereof and of the Plan. The determination of the Administrator as to such compliance shall be
final and binding on the Optionee. The Optionee shall not be deemed to be the holder of the shares subject to this Stock Option, or to have any of the rights of a holder, unless and until this Stock Option shall have been exercised pursuant to the
terms hereof, the Company shall have issued and delivered the shares to the Optionee, and the Optionee’s name shall have been entered as the stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting,
dividend and other ownership rights with respect to such shares of Stock. 
  
 (c) The minimum number of shares with respect to which this Stock Option may be exercised at any one time shall be 100 shares, unless the number of shares with respect to which this Stock Option is being exercised is
the total number of shares subject to exercise under this Stock Option at the time. 
  
 (d) Notwithstanding any other provision hereof or of the Plan, no portion of this Stock Option shall be exercisable after the Expiration Date hereof. 
  
 3. Termination as Director. If the Optionee ceases to be a Director of the Company, the period within which to
exercise the Stock Option may be subject to earlier termination as set forth below. 
  
 (a) Termination For Cause. If the Optionee ceases to be a Director for Cause (as hereinafter defined), any Stock Option held by the Optionee shall immediately terminate and be of no further force and effect.
For purposes of this Agreement, the Optionee’s Directorship shall be deemed to have been terminated for “Cause” if: (i) the Optionee shall commit an act of fraud, embezzlement, misappropriation or breach of fiduciary duty against the
Company or any of its subsidiaries or affiliates or (ii) shall be convicted by a court of competent jurisdiction or shall plead guilty or nolo contendere to any felony or any crime involving moral turpitude. 
  
 (b) Termination by Reason of Death or Disability. If the Optionee
ceases to be a Director by reason of death or disability, any Stock Option held by the Optionee may be exercised by his or her legal representative or legatee for a period of 12 months from the date of death or disability or until the Expiration
Date, if earlier. 
  
 (c) Other Termination. If the
Optionee ceases to be a Director for any reason other than Cause or death or disability, any Stock Option held by the Optionee may be exercised for a period of three months from the date of termination or until the Expiration Date, if earlier.

  
 4. Incorporation of Plan. Notwithstanding anything
herein to the contrary, this Stock Option shall be subject to and governed by all the terms and conditions of the Plan. Capitalized terms in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein.

  
 5. Transferability. This Agreement is personal to the
Optionee, is non-assignable and is not transferable in any manner, by operation of law or otherwise, other than by will or the laws of descent and distribution. The rights and obligations of the Company under this Stock Option may be assigned by the
Company to a successor provided that such successor assumes in writing all of such rights and obligations. This Stock Option is exercisable, during the Optionee’s lifetime, only by the Optionee, and thereafter, only by the Optionee’s legal
representative or legatee. 

 6. Miscellaneous. 
  
 (a) Notice hereunder shall be given to the Company at its principal place of business, and shall be given to the Optionee at
the address set forth below, or in either case at such other address as one party may subsequently furnish to the other party in writing. 
  
 (b) This Stock Option does not confer upon the Optionee any rights with respect to continuance as a Director. 
  
 (c) Pursuant to Section 8 of the Plan, the Board of Directors may at any time
amend or cancel any outstanding portion of this Stock Option, but no such action may be taken which adversely affects the Optionee’s rights under this Agreement without the Optionee’s consent. 

			
	 ZOLL MEDICAL CORPORATION

		
	 By:
	 	  

	 Name:
	 	 
	 Title:
	 	 

  
 The foregoing Agreement is hereby
accepted and the terms and conditions thereof hereby agreed to by the undersigned. 
  

	
	 OPTIONEE

	
	  

	 Optionee’s Signature

	
	 Date:
                    

	
	 Optionee’s name and address:

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