Document:

stjude103469_ex10-1.htm - Generated by SEC Publisher for SEC Filing

 

EXHIBIT
10.1

 

 

 

St. Jude medical, INC.

2007 STOCK INCENTIVE PLAN

 

NON-QUALIFIED
STOCK OPTION AGREEMENT FOR

NON-EMPLOYEE DIRECTORS

 

This Non-Qualified Stock Option Agreement is between
St. Jude Medical, Inc., a Minnesota corporation (the “Company”), and you, the
person named in the attached Notice of Non-Qualified Stock Option Grant (the
“Notice”).  This Agreement is effective as of the date of grant set forth in
the attached Notice (the “Grant Date”).

 

The Company desires to provide you with an opportunity
to purchase shares of the Company’s Common Stock, $.10 par value (the “Common
Stock”), as provided in this Agreement in order to carry out the purpose of the
St. Jude Medical, Inc. 2007 Stock Incentive Plan, as amended from time to time
(the “Plan”).

 

Accordingly, for good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the Company and you
hereby agree as follows:

 

1.             Grant of Option.

 

The Company hereby grants to you, effective as of the
Grant Date, the right and option (the “Option”) to purchase all or any part of
the aggregate number of shares of Common Stock set forth in the attached
Notice, on the terms and conditions contained in this Agreement and in
accordance with the terms of the Plan.  The Option is not intended to be an
incentive stock option within the meaning of Section 422 of the Internal
Revenue Code of 1986, as amended (the “Code”).

 

2.             Exercise Price.

 

The per share purchase price of the shares subject to
the Option shall be the purchase price per share set forth in the attached
Notice.

 

3.             Term of Option and Exercisability.

 

The term of the Option shall be for a period of eight
years from the Grant Date, terminating at the close of business on the
expiration date set forth in the attached Notice (the “Expiration Date”) or
such shorter period as is prescribed in Section 5 of this Agreement.  The
Option shall become exercisable, or vest, on the date or dates and in the
amount or amounts set forth in the attached Notice, subject to the provisions
of Section 4 and Section 5 of this Agreement.  To the extent the
Option is exercisable, you may exercise it in whole or in part, at any time, or
from time to time, prior to the termination of the Option.  

 

 

 

 

4.             Change of Control.

 

Notwithstanding the vesting provisions contained in
Section 3 above, but subject to the other terms and conditions contained
in this Agreement, from and after a Change of Control (as defined below) the
Option shall become immediately exercisable in full.  As used herein, “Change
of Control” shall mean any of the following events:

 

(a)           the acquisition by any person, entity or
“group,” within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), other than the Company or
any of its Affiliates, or any employee benefit plan of the Company and/or one
or more of it Affiliates, of beneficial ownership (within the meaning of Rule
13d-3 promulgated under the Exchange Act) of 35% or more of either the then
outstanding shares of Common Stock or the combined voting power of the
Company’s then outstanding voting securities in a transaction or series of
transactions not approved in advance by a vote of at least three-quarters of
the Continuing Directors (as defined below); or

 

(b)           individuals who, as of the Grant Date,
constitute the Board of Directors of the Company (generally the “Directors” and
as of the Grant Date the “Continuing Directors”) cease for any reason to
constitute at least a majority thereof, provided that any person becoming a
Director subsequent to the Grant Date whose nomination for election was
approved in advance by a vote of at lease three-quarters of the Continuing
Directors (other than a nomination of an individual whose initial assumption of
office is in connection with an actual or threatened solicitation with respect
to the election or removal of the Directors of the Company, as such terms are
used in Rule 14a-11 of Regulation 14A under the Exchange Act) shall be deemed
to be a Continuing Director; or

 

(c)           the approval by the shareholders of the
Company of a reorganization, merger, consolidation, liquidation or dissolution
of the Company or of the sale (in one transaction or a series of related
transactions) of all or substantially all of the assets of the Company other
than a reorganization, merger, consolidation, liquidation, dissolution or sale
approved in advance by a vote of at least three-quarters of the Continuing
Directors; or

 

(d)           the first purchase under any tender
offer or exchange offer (other than an offer by the Company or any of its
Affiliates) pursuant to which shares of Common Stock are purchased; or

 

(e)           at least a majority of the Continuing
Directors determines in their sole discretion that there has been a change in
control of the Company.

 

5.             Effect of Termination of Board
Service.

 

(a)           If your board service terminates by
reason of your death, the Option may be exercised at any time within 12 months
after the date of your death, to the extent that the Option was exercisable by
you on the date of death, by your personal representatives or administrators or
by any person or persons to whom the Option has been transferred by will or the
applicable laws of descent and distribution, subject to the condition that the
Option shall not be exercisable after the Expiration Date of the Option.

 

(b)           If your board service terminates by
reason of Disability, you may exercise the Option at any time within 12 months
after such termination, to the extent that the Option was exercisable by you on
the date of such termination, subject to the condition that the Option shall
not be exercisable after the Expiration Date of the Option.  For purposes of
this Section 5, “Disability” means total and permanent disability as approved
by the Committee administering the Plan.

 

2

 

 

(c)           If your board service terminates for
Cause, the Option shall terminate immediately upon such termination and shall
not be exercisable thereafter.  For purposes of this Section 5, “Cause” refers
to (i) the felony conviction of the director, (ii) the failure of the director
to contest the prosecution of a felony, or (iii) the willful misconduct,
dishonesty or intentional violation of a statute, rule or regulation by the
director, any of which in the judgment of the Company, is harmful to the
business or reputation of the Company.

 

(d)           If your board service terminates for any
reason other than your death, Disability or for Cause, you may exercise the
Option after the date of such termination of service in accordance with its
terms to the extent that the Option was exercisable by you on the date of such
termination, subject to the condition that the Option shall not be exercisable
after the Expiration Date of the Option.

 

6.             Method of Exercising Option.

 

(a)           Subject to the terms and conditions of
this Agreement, you may exercise your Option by following the procedures
established by the Company from time to time.  In addition, you may exercise
your Option by written notice to the Company as provided in Section 9(h) of
this Agreement that states (i) your election to exercise the Option,
(ii) the Grant Date of the Option, (iii) the purchase price of the
shares, (iv) the number of shares as to which the Option is being
exercised and (v) the manner of payment.  The notice shall be signed by
you or the Person or Persons exercising the Option.  The notice shall be
accompanied by payment in full of the exercise price for all shares designated
in the notice.  To the extent that the Option is exercised after your death,
the notice of exercise shall also be accompanied by appropriate proof of the
right of such Person or Persons to exercise the Option.

 

(b)           Payment of the exercise price shall be
made to the Company through one or a combination of the following methods:

 

(i)            cash, in United States currency
(including check, draft, money order or wire transfer made payable to the
Company); or

 

(ii)           delivery (either actual delivery or by
attestation) of shares of Common Stock acquired by you more than six months
prior to the date of exercise having a Fair Market Value on the date of
exercise equal to the Option exercise price.  You shall represent and warrant
in writing that you are the owner of the shares so delivered, free and clear of
all liens, encumbrances, security interests and restrictions, and you shall
duly endorse in blank all certificates delivered to the Company.

 

7.             Taxes.

 

You acknowledge that you will consult with your
personal tax advisor regarding the income tax consequences of exercising the
Option or any other matters related to this Agreement.  In order to comply with
all applicable federal, state, local or foreign income tax laws or regulations,
the Company may take such action as it deems appropriate to ensure that all
applicable federal, state, local or foreign payroll, withholding, income or
other taxes, which are your sole and absolute responsibility, are withheld or
collected from you, if and to the extent required by applicable law.

 

3

 

 

8.             Adjustments.

 

In the event that any dividend or other distribution
(whether in the form of cash, shares of Common Stock, other securities or other
property), recapitalization, stock split, reverse stock split, reorganization,
merger, consolidation, split-up, spin-off, combination, repurchase or exchange
of shares or other securities of the Company, issuance of warrants or other
rights to purchase shares or other securities of the Company or other similar
corporate transaction or event affects the shares covered by the Option such
that an adjustment is necessary in order to prevent dilution or enlargement of
the benefits or potential benefits intended to be made available under the
attached Notice of Non-Qualified Stock Option Grant and this Agreement, then
the Committee administering the Plan shall, in such manner as it may deem
equitable, adjust any or all of the number and type of the shares covered by
the Option and the exercise price of the Option.

 

9.             General Provisions.

 

(a)           Interpretations.  This Agreement
is subject in all respects to the terms of the Plan.  A copy of the Plan is
available upon your request.  Terms used herein which are defined in the Plan
shall have the respective meanings given to such terms in the Plan, unless
otherwise defined herein.  In the event that any provision of this Agreement is
inconsistent with the terms of the Plan, the terms of the Plan shall govern. 
Any question of administration or interpretation arising under this Agreement
shall be determined by the Committee administering the Plan, and such
determination shall be final, conclusive and binding upon all parties in
interest.

 

(b)           No Rights as a Shareholder. 
Neither you nor your legal representatives shall have any of the rights and
privileges of a shareholder of the Company with respect to the shares of Common
Stock subject to the Option unless and until such shares are issued upon
exercise of the Option.

 

(c)           No Right to Board Service. 
Nothing in this Agreement or the Plan shall be construed as giving you the
right to continue to serve on the Company’s Board of Directors.

 

(d)           Option Not Transferable.  Except
as otherwise provided by the Plan or by the Committee administering the Plan,
the Option shall not be transferable other than by will or by the laws of
descent and distribution or to a family member in accordance with Section
6(h)(v) of the Plan and the Option shall be exercisable during your lifetime
only by you or, if permissible under applicable law, by your guardian or legal
representative.  The Option may not be pledged, alienated, attached or
otherwise encumbered, and any purported pledge, alienation, attachment or encumbrance
of the Option shall be void and unenforceable against the Company.

 

(e)           Securities Matters.  The Company
shall not be required to deliver any shares of Common Stock until the
requirements of any federal or state securities or other laws, rules or
regulations (including the rules of any securities exchange) as may be
determined by the Company to be applicable are satisfied.

 

4

 

 

(f)            Headings.  Headings are given to
the sections and subsections of this Agreement solely as a convenience to
facilitate reference.  Such headings shall not be deemed in any way material or
relevant to the construction or interpretation of this Agreement or any
provision hereof.

 

(g)           Governing Law.  The internal law,
and not the law of conflicts, of the State of Minnesota will govern all
questions concerning the validity, construction and effect of this Agreement.

 

(h)           Notices.  You should send all
written notices regarding this Agreement or the Plan to the Company at the
following address:

 

St. Jude Medical, Inc.

One St. Jude Medical Drive

St. Paul, MN 55117

Attn.: Stock Plan Administrator

 

(i)            Notice of Non-Qualified Stock Option
Grant.  This Non-Qualified Stock Option Agreement is attached to and made
part of a Notice of Non-Qualified Stock Option Grant and shall have no force or
effect unless such Notice is duly executed and delivered by the Company to you.

 

 

 

 

* * * * * * *
*

 

5mm08-1010_8ke101.htm

    EXHIBIT
10.1

     

     

    Execution
Version

    
      

      
        

        
Published
CUSIP Number: 97064VAG5 

    

    

     

    CREDIT
AGREEMENT

     

    Dated as
of August 9, 2010

    

    among

    

    WILLIS NORTH AMERICA
INC.,

    as
Borrower,

    

    WILLIS
GROUP HOLDINGS PUBLIC LIMITED COMPANY,

    as
Parent,

    

    

    

    BANK
OF AMERICA, N.A.,

    as
Administrative Agent and L/C Issuer

     

    and

     

    The Other
Lenders Party Hereto

    

    

    

    SUNTRUST
BANK,

    THE
ROYAL BANK OF SCOTLAND PLC,

    LLOYDS TSB BANK
PLC,

    and

    BARCLAYS
BANK PLC

    as
Syndication Agents

    

    

    

    

    BANC
OF AMERICA SECURITIES LLC,

    as Sole
Lead Arranger and Sole Book Manager

     

    
      

      

    

    
      

       

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    TABLE
OF CONTENTS

     

    Page

    
      	
              ARTICLE
      I. DEFINITIONS AND ACCOUNTING TERMS

            	
              1

            
	
              1.01

            	
              Defined
      Terms

            	
              1

            
	
              1.02

            	
              Other
      Interpretive Provisions

            	
              25

            
	
              1.03

            	
              Accounting
      Terms

            	
              26

            
	
              1.04

            	
              Rounding

            	
              27

            
	
              1.05

            	
              Exchange
      Rates; Currency Equivalents

            	
              27

            
	
              1.06

            	
              Additional
      Alternative Currencies

            	
              27

            
	
              1.07

            	
              Change
      of Currency

            	
              28

            
	
              1.08

            	
              Times
      of Day

            	
              28

            
	
              1.09

            	
              Letter
      of Credit Amounts

            	
              28

            
	
              ARTICLE
      II. THE COMMITMENTS AND BORROWINGS

            	
              29

            
	
              2.01

            	
              Committed
      Loans

            	
              29

            
	
              2.02

            	
              Borrowings,
      Conversions and Continuations of Loans

            	
              29

            
	
              2.03

            	
              Letters
      of Credit

            	
              31

            
	
              2.04

            	
              Prepayments

            	
              40

            
	
              2.05

            	
              Termination
      or Reduction of Commitments

            	
              41

            
	
              2.06

            	
              Repayment
      of Loans

            	
              42

            
	
              2.07

            	
              Interest

            	
              42

            
	
              2.08

            	
              Fees

            	
              42

            
	
              2.09

            	
              Computation
      of Interest and Fees

            	
              43

            
	
              2.10

            	
              Evidence
      of Debt

            	
              43

            
	
              2.11

            	
              Payments
      Generally; Administrative Agent’s Clawback

            	
              44

            
	
              2.12

            	
              Sharing
      of Payments by Lenders

            	
              46

            
	
              2.13

            	
              Determination
      of Eurocurrency Rate

            	
              47

            
	
              2.14

            	
              Increase
      in Commitments

            	
              47

            
	
              2.15

            	
              Cash
      Collateral

            	
              48

            
	
              2.16

            	
              Defaulting
      Lenders

            	
              49

            
	
              ARTICLE
      III. TAXES, YIELD PROTECTION AND ILLEGALITY

            	
              51

            
	
              3.01

            	
              Taxes

            	
              51

            
	
              3.02

            	
              Illegality

            	
              55

            
	
              3.03

            	
              Inability
      to Determine Rates

            	
              56

            
	
              3.04

            	
              Increased
      Costs; Reserves on Eurocurrency Rate Loans

            	
              57

            
	
              3.05

            	
              Compensation
      for Losses

            	
              59

            
	
              3.06

            	
              Mitigation
      Obligations; Replacement of Lenders

            	
              59

            
	
              3.07

            	
              Survival

            	
              60

            
	
              ARTICLE
      IV. CONDITIONS PRECEDENT TO BORROWINGS

            	
              60

            
	
              4.01

            	
              Conditions
      of Initial Credit Extension

            	
              60

            
	
              4.02

            	
              Conditions
      to all Borrowings

            	
              62

            
	
              ARTICLE
      V. REPRESENTATIONS AND WARRANTIES

            	
              62

            
	
              5.01

            	
              Organization;
      Powers

            	
              62

            
	
              5.02

            	
              Authorization;
      Enforceability

            	
              63

            

    

    

    
      
         

      

      
        i

        
          

        

      

      
         

      

    

    

    
      	
              5.03

            	
              Governmental
      Approvals; No Conflicts

            	
              63

            
	
              5.04

            	
              Financial
      Condition; No Material Adverse Change

            	
              63

            
	
              5.05

            	
              Properties

            	
              63

            
	
              5.06

            	
              Litigation
      and Environmental Matters

            	
              64

            
	
              5.07

            	
              Compliance
      with Laws; Absence of Default

            	
              64

            
	
              5.08

            	
              Investment
      Company Status

            	
              64

            
	
              5.09

            	
              Taxes

            	
              64

            
	
              5.10

            	
              ERISA

            	
              64

            
	
              5.11

            	
              Disclosure

            	
              65

            
	
              5.12

            	
              Subsidiaries

            	
              65

            
	
              5.13

            	
              Solvency

            	
              65

            
	
              5.14

            	
              Use
      of Proceeds

            	
              65

            
	
              5.15

            	
              Pari
      Passu

            	
              65

            
	
              ARTICLE
      VI. AFFIRMATIVE COVENANTS

            	
              66

            
	
              6.01

            	
              Financial
      Statements; Ratings Change and Other Information

            	
              66

            
	
              6.02

            	
              Notices
      of Material Events

            	
              68

            
	
              6.03

            	
              Existence;
      Conduct of Business

            	
              69

            
	
              6.04

            	
              Payment
      of Taxes

            	
              69

            
	
              6.05

            	
              Maintenance
      of Properties; Insurance

            	
              69

            
	
              6.06

            	
              Books
      and Records; Inspection Rights

            	
              69

            
	
              6.07

            	
              Compliance
      with Laws

            	
              70

            
	
              6.08

            	
              Use
      of Proceeds

            	
              70

            
	
              6.09

            	
              Cash
      Collateralization of Extended Letters of Credit

            	
              70

            
	
              ARTICLE
      VII. NEGATIVE COVENANTS

            	
              70

            
	
              7.01

            	
              Subsidiary
      Indebtedness

            	
              70

            
	
              7.02

            	
              Liens

            	
              71

            
	
              7.03

            	
              Investments

            	
              72

            
	
              7.04

            	
              Fundamental
      Changes

            	
              73

            
	
              7.05

            	
              Asset
      Sales

            	
              74

            
	
              7.06

            	
              Sale
      and Leaseback Transactions

            	
              75

            
	
              7.07

            	
              Restricted
      Payments

            	
              75

            
	
              7.08

            	
              Financial
      Covenants

            	
              76

            
	
              ARTICLE
      VIII. EVENTS OF DEFAULT AND REMEDIES

            	
              76

            
	
              8.01

            	
              Events
      of Default

            	
              76

            
	
              8.02

            	
              Remedies
      Upon Event of Default

            	
              78

            
	
              8.03

            	
              Application
      of Funds

            	
              79

            
	
              ARTICLE
      IX. ADMINISTRATIVE AGENT

            	
              80

            
	
              9.01

            	
              Appointment
      and Authority

            	
              80

            
	
              9.02

            	
              Rights
      as a Lender

            	
              80

            
	
              9.03

            	
              Exculpatory
      Provisions

            	
              80

            
	
              9.04

            	
              Reliance
      by Administrative Agent

            	
              81

            
	
              9.05

            	
              Delegation
      of Duties

            	
              81

            
	
              9.06

            	
              Resignation
      of Administrative Agent

            	
              81

            
	
              9.07

            	
              Non-Reliance
      on Administrative Agent and Other Lenders

            	
              82

            
	
              9.08

            	
              No
      Other Duties, Etc

            	
              82

            

    

     

     

    
      
        
        

      

      
        ii

        
          

        

      

      
        
        

      

    

    
 

    
      	
              9.09

            	
              Administrative
      Agent May File Proofs of Claim

            	
              83

            
	
              9.10

            	
              Guaranty
      Matters

            	
              83

            
	
              ARTICLE
      X. MISCELLANEOUS

            	
              84

            
	
              10.01

            	
              Amendments,
      Etc

            	
              84

            
	
              10.02

            	
              Notices;
      Effectiveness; Electronic Communications.

            	
              85

            
	
              10.03

            	
              No
      Waiver; Cumulative Remedies; Enforcement

            	
              87

            
	
              10.04

            	
              Expenses;
      Indemnity; Damage Waiver

            	
              88

            
	
              10.05

            	
              Payments
      Set Aside

            	
              90

            
	
              10.06

            	
              Successors
      and Assigns

            	
              90

            
	
              10.07

            	
              Treatment
      of Certain Information; Confidentiality

            	
              95

            
	
              10.08

            	
              Right
      of Setoff

            	
              96

            
	
              10.09

            	
              Interest
      Rate Limitation

            	
              97

            
	
              10.10

            	
              Counterparts;
      Integration; Effectiveness

            	
              97

            
	
              10.11

            	
              Survival
      of Representations and Warranties

            	
              97

            
	
              10.12

            	
              Severability

            	
              97

            
	
              10.13

            	
              Replacement
      of Lenders

            	
              98

            
	
              10.14

            	
              Governing
      Law; Jurisdiction; Etc

            	
              98

            
	
              10.15

            	
              Waiver
      of Jury Trial

            	
              99

            
	
              10.16

            	
              No
      Advisory or Fiduciary Responsibility

            	
              100

            
	
              10.17

            	
              Electronic
      Execution of Assignments and Certain Other Documents

            	
              100

            
	
              10.18

            	
              USA
      PATRIOT Act

            	
              100

            
	
              10.19

            	
              Judgment
      Currency

            	
              101

            
	 
      	 
      	 
      
	
              SIGNATURES

            	
              S-1

            

    

    

     

    

     

    
      
         

      

      
        iii

        
          

        

      

      
         

      

    

    

      
        	
                SCHEDULES

              
	
                1.01(a)

              	
                Mandatory
      Cost Formulae

              
	
                1.01(b)

              	
                Guarantors

              
	
                2.01

              	
                Commitments
      and Applicable Percentages

              
	
                5.06

              	
                Disclosed
      Matters

              
	
                5.12

              	
                Subsidiaries

              
	
                7.02

              	
                Existing
      Liens

              
	
                7.03

              	
                Existing
      Investments

              
	
                7.06

              	
                Specified
      Properties

              
	
                10.02

              	
                Administrative
      Agent’s Office; Certain Addresses for Notices

              
	 
	
                EXHIBITS

              
	 
      	
                Form
      of

              
	 	 
	
                A

              	
                Committed
      Loan Notice

              
	
                B

              	
                Note

              
	
                C

              	
                Compliance
      Certificate

              
	
                D-1

              	
                Assignment
      and Assumption

              
	
                D-2

              	
                Administrative
      Questionnaire

              
	
                E

              	
                Guaranty
      Agreement

              
	
                F-1

              	
                Opinion
      of Adam L. Rosman

              
	
                F-2

              	
                Opinion
      of Matheson Ormsby Prentice

              
	
                F-3

              	
                Opinion
      of Oliver Goodinge

              
	
                F-4

              	
                Opinion
      of Baker & McKenzie Amsterdam N.V.

              
	
                G

              	
                Accession
      Agreement

              

      

     

    Pursuant to Item 601(b) of
Regulation S-K the schedules and exhibits have been omitted and will be supplied
to the Commission upon request.

    
 

    
      
         

      

      
        iv

        
          

        

      

      
         

      

    

    CREDIT
AGREEMENT

     

    This
CREDIT AGREEMENT (“Agreement”) is
entered into as of August 9, 2010, among WILLIS NORTH AMERICA INC., a Delaware
corporation (the “Borrower”), WILLIS
GROUP HOLDINGS PUBLIC LIMITED COMPANY, a company incorporated under the laws of
Ireland having company number 475616 (the “Parent”), each lender
from time to time party hereto (collectively, the “Lenders” and
individually, a “Lender”), and BANK OF
AMERICA, N.A., as Administrative Agent and L/C Issuer.

     

    PRELIMINARY
STATEMENTS:

     

    The
Parent and the Borrower have requested that the Lenders provide to the Borrower
a revolving credit facility with a letter of credit sub-facility to be made
available, among other things, for working capital, capital expenditures, other
permitted acquisitions and other lawful corporate purposes.

     

    In
furtherance of the foregoing, the Lenders are willing to make available the
revolving credit facility and the related letter of credit sub-facility on the
terms and subject to the conditions set forth herein.  In
consideration of the mutual covenants and agreements herein contained, the
parties hereto covenant and agree as follows:

     

    ARTICLE
I.

    DEFINITIONS
AND ACCOUNTING TERMS

     

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

     

    “Acceding Lender” has
the meaning specified in Section
2.14(c).

     

    “Acquired EBITDA”
means, with respect to any Acquired Entity or Business or any Sold Entity or
Business (any of the foregoing, a “Pro Forma Entity”)
for any period, the portion of Consolidated Net Income for such period
attributable to such Pro Forma Entity plus (a) without
duplication and to the extent deducted in determining such portion of
Consolidated Net Income for such Pro Forma Entity, the sum of (i) consolidated
interest expense for such period, (ii) consolidated income tax expense for such
period, (iii) all amounts attributable to depreciation and amortization for such
period, (iv) any extraordinary losses and non-recurring charges for such period,
(v) any non-cash charges (including the non-cash portion of pension expense) for
such period, (vi) losses on asset sales outside the ordinary course of business
for such period, (vii) restructuring charges or provisions for such period,
(viii) any expenses or charges incurred in connection with any issuance of debt
or equity securities for such period and (ix) any deduction for minority
interest expense for such period with respect to a Subsidiary that is not wholly
owned by the Parent (provided that (A) the
amount added to Consolidated Net Income pursuant to this subclause (ix) for any
period shall not exceed 5% of the amount of Consolidated EBITDA computed in
accordance with this definition for such period, and (B) the Indebtedness and
interest expense of such Subsidiary are included in the calculation of
Indebtedness and Consolidated Interest Charges to the same extent as would be
required if such Subsidiary were wholly owned by the Parent), and minus (b) without
duplication and to the extent included in determining such portion of
Consolidated Net Income, (i) any extraordinary gains and non-

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    recurring
gains for such period, (ii) any non-cash gains for such period and (iii) any
gains on asset sales outside the ordinary course of business for such period,
all determined on a consolidated basis for such Pro Forma Entity in accordance
with GAAP.

     

    “Acquired Entity or
Business” has the meaning assigned to such term in the definition of
“Consolidated EBITDA”.

     

    “Administrative Agent”
means Bank of America in its capacity as administrative agent under any of the
Loan Documents, or any successor thereof in such capacity.

     

    “Administrative Agent’s
Office” means, with respect to any currency, the Administrative Agent’s
address and, as appropriate, account as set forth on Schedule 10.02 with
respect to such currency, or such other address or account with respect to such
currency as the Administrative Agent may from time to time notify to the
Borrower and the Lenders.

     

    “Administrative
Questionnaire” means an Administrative Questionnaire in substantially the
form of Exhibit
D-2 or any other form approved by the Administrative Agent.

     

    “Affiliate” means,
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.

     

    “Aggregate
Commitments” means the Commitments of all the Lenders.  The
initial amount of the Aggregate Commitments on the Closing Date is
$200,000,000.

     

    “Agreement” means this
Credit Agreement.

     

    “Alternative Currency”
means each of Euro, Sterling and each other currency (other than Dollars) that
is approved in accordance with Section
1.06.

     

    “Alternative Currency
Equivalent” means, at any time, with respect to any amount denominated in
Dollars, the equivalent amount thereof in the applicable Alternative Currency as
determined by the Administrative Agent or the L/C Issuer, as the case may be, at
such time on the basis of the Spot Rate (determined in respect of the most
recent Revaluation Date) for the purchase of such Alternative Currency with
Dollars.

     

    “Applicable
Percentage” means with respect to any Lender at any time, the percentage
(carried out to the ninth decimal place) of the Aggregate Commitments
represented by such Lender’s Commitment at such time, subject to adjustment as
provided in Section
2.16.  If the commitment of each Lender to make Loans and the
obligation of the L/C Issuer to make L/C Credit Extensions have been terminated
pursuant to Section 8.02 or if the Aggregate Commitments have expired, then the
Applicable Percentage of each Lender shall be determined based on the Applicable
Percentage of such Lender most recently in effect, giving effect to any
subsequent assignments.  The initial Applicable Percentage of each
Lender is set forth opposite the name of such Lender on Schedule 2.01 or in
the Assignment and Assumption pursuant to which such Lender becomes a party
hereto, as applicable.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    “Applicable Rate”
means, from time to time, the following percentages per annum, based upon the
Debt Rating as set forth below:

     

    
      	
              Applicable
      Rate

            
	
              Pricing

              Level

            	
              Debt
      Ratings

              S&P/Moody’s

            	
              Commitment
      Fee

            	
              Eurocurrency

              Rate+
      /

              Letters
      of Credit

            	
              Base

              Rate+

            
	
              1

            	
              BBB+/Baa1
      or better

            	
              35.0

            	
              200.0

            	
              100.0

            
	
              2

            	
              BBB/Baa2

            	
              40.0

            	
              250.0

            	
              150.0

            
	
              3

            	
              BBB-/Baa3

            	
              50.0

            	
              275.0

            	
              175.0

            
	
              4

            	
              BBB-/Ba1

              or

              BB+/Baa3

            	
              62.5

            	
              300.0

            	
              200.0

            
	
              5

            	
              BB+/Ba1
      or worse

            	
              75.0

            	
              325.0

            	
              225.0

            

    

    

    “Debt Rating” means,
as of any date of determination, the rating as determined by either S&P or
Moody’s (collectively, the “Debt Ratings”), as
applicable, of the Borrower’s non-credit-enhanced, senior unsecured long-term
debt; provided
that (a) if the respective Debt Ratings issued by foregoing rating agencies
differ by one level, other than as expressly provided in Pricing Level 4 above,
then the Pricing Level for the higher of such Debt Ratings shall apply (with the
Debt Rating for Pricing Level 1 being the highest and the Debt Rating for
Pricing Level 5 being the lowest); (b) if there is a split in Debt Ratings of
more than one level, then the Pricing Level that is one level lower than the
Pricing Level of the higher Debt Rating shall apply; (c) if the Borrower has
only one Debt Rating, the Pricing Level for such Debt Rating shall apply; (d) if
the Borrower does not have any Debt Rating (other than as a result of both
S&P and Moody’s ceasing to be engaged in the business of rating debt, in
which case the provisions of the next sentence shall apply), then Pricing Level
5 will apply.  If either the rating system of S&P or Moody’s shall
change in a manner that directly and materially impacts the pricing grid set
forth above, or if both S&P and Moody’s shall cease to be engaged in the
business of rating debt, then in either such case the Parent, the Borrower and
the Lenders shall negotiate in good faith to amend the references to Debt
Ratings in the table above to reflect such changed rating system or to replace
such rating system with an alternative measurement scheme, as applicable, and
pending the effectiveness of any such amendment, the ratings of such rating
agency (or both rating agencies, if applicable) most recently in effect prior to
such change or cessation shall be employed in determining the Applicable
Rate.

     

    Initially,
the Applicable Rate shall be determined based upon the Debt Rating specified in
the certificate delivered pursuant to Section
4.01(a)(vii).  Thereafter, each change in the Applicable Rate
resulting from a publicly announced change in the Debt Rating (other than as a
result of a change in the rating system of S&P or Moody’s) shall be
effective during the period commencing on the date of the public announcement
thereof, irrespective of when notice of such change shall have been furnished by
the Borrower to the Administrative Agent and the Lenders pursuant to Section 6.01(f) or
otherwise, and ending on the date immediately preceding the effective date of
the next such change.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    “Applicable Time”
means, with respect to any borrowings and payments in any Alternative Currency,
the local time in the place of settlement for such Alternative Currency as may
be determined by the Administrative Agent or the L/C Issuer, as the case may be,
to be necessary for timely settlement on the relevant date in accordance with
normal banking procedures in the place of payment.

     

    “Approved Fund” means
any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a
Lender or (c) an entity or an Affiliate of an entity that administers or manages
a Lender.

     

    “Assignee Group” means
two or more Eligible Assignees that are Affiliates of one another or two or more
Approved Funds managed by the same investment advisor.

     

    “Assignment and
Assumption” means an assignment and assumption entered into by a Lender
and an assignee (with the consent of any party whose consent is required by
Section
10.06(b)), and accepted by the Administrative Agent, in substantially the
form of Exhibit
D-1 or any other form approved by the Administrative Agent.

     

    “Attributable
Indebtedness” in respect of a sale and leaseback transaction means, as of
the time of determination, the present value (discounted at the implicit
interest rate for such sale and leaseback transaction, compounded annually) of
the total obligations of the lessee for rental payments during the remaining
term of the lease included in such sale and leaseback transaction (including any
period for which such lease has been extended).

     

    “Audited Financial
Statements” means the audited consolidated balance sheet of the Parent
and its Subsidiaries for the fiscal year ended December 31, 2009, and the
related consolidated statements of income or operations, shareholders’ equity
and cash flows for such fiscal year of the Parent and its Subsidiaries,
including the notes thereto.

     

    “Availability Period”
means the period from and including the Closing Date to the earliest of (a) the
Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant
to Section
2.05, and (c) the date of termination of the commitment of each Lender to
make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions
pursuant to Section
8.02.

     

    “Bank of America”
means Bank of America, N.A. and its successors.

     

    “BAS” means Banc of
America Securities LLC and its successors.

     

    “Base Rate” means for
any day a fluctuating rate per annum equal to the highest of (a) the Federal
Funds Rate plus 1/2 of 1%, (b) the rate of interest in effect for such day as
publicly announced from time to time by Bank of America as its “prime rate,” and
(c) the Eurocurrency Rate plus 1.00%.   The “prime rate” is a
rate set by Bank of America based upon various factors including Bank of
America’s costs and desired return, general economic conditions and other
factors, and is used as a reference point for pricing some loans, which may be
priced at, above, or below such announced rate.  Any change in such
prime rate announced by Bank of America shall take effect at the opening of
business on the day specified in the public announcement of such
change.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    “Base Rate Committed
Loan” means a Committed Loan that is a Base Rate Loan.

     

    “Base Rate Loan” means
a Loan that bears interest based on the Base Rate.  All Base Rate
Loans shall be denominated in Dollars.

     

    “Book Managers” means
BAS, in its capacity as a sole book manager.

     

    “Borrower” has the
meaning specified in the introductory paragraph hereto.

     

    “Borrowing” means a
Committed Borrowing.

     

    “Business Day” means
any day other than a Saturday, Sunday or other day on which commercial banks are
authorized to close under the Laws of, or are in fact closed in, the state where
the Administrative Agent’s Office with respect to Obligations denominated in
Dollars is located and:

     

    (a) if such
day relates to any interest rate settings as to a Eurocurrency Rate Loan
denominated in Dollars, any fundings, disbursements, settlements and payments in
Dollars in respect of any such Eurocurrency Rate Loan, or any other dealings in
Dollars to be carried out pursuant to this Agreement in respect of any such
Eurocurrency Rate Loan, means any such day on which dealings in deposits in
Dollars are conducted by and between banks in the London interbank eurodollar
market;

     

    (b) if such
day relates to any interest rate settings as to a Eurocurrency Rate Loan
denominated in Euro, any fundings, disbursements, settlements and payments in
Euro in respect of any such Eurocurrency Rate Loan, or any other dealings in
Euro to be carried out pursuant to this Agreement in respect of any such
Eurocurrency Rate Loan, means a TARGET Day;

     

    (c) if such
day relates to any interest rate settings as to a Eurocurrency Rate Loan
denominated in a currency other than Dollars or Euro, means any such day on
which dealings in deposits in the relevant currency are conducted by and between
banks in the London or other applicable offshore interbank market for such
currency; and

     

    (d) if such
day relates to any fundings, disbursements, settlements and payments in a
currency other than Dollars or Euro in respect of a Eurocurrency Rate Loan
denominated in a currency other than Dollars or Euro, or any other dealings in
any currency other than Dollars or Euro to be carried out pursuant to this
Agreement in respect of any such Eurocurrency Rate Loan (other than any interest
rate settings), means any such day on which banks are open for foreign exchange
business in the principal financial center of the country of such
currency.

     

    “Capital Lease
Obligations” of any Person means 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 the amount of such obligations
shall be the capitalized amount thereof determined in accordance with
GAAP.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    “Cash Collateralize”
means to pledge and deposit with or deliver to the Administrative Agent, for the
benefit of the Administrative Agent or L/C Issuer (as applicable) and the
Lenders, as collateral for L/C Obligations or obligations of Lenders to fund
participations in respect thereof (as the context may require), cash or deposit
account balances or, if the L/C Issuer benefitting from such collateral shall
agree in its sole discretion, other credit support, in each case pursuant to
documentation in form and substance reasonably satisfactory to the
Administrative Agent and the L/C Issuer. “Cash Collateral”
shall have a meaning correlative to the foregoing and shall include the proceeds
of such cash collateral and other credit support.

     

    “Change in Control”
means (a) the acquisition of ownership, directly or indirectly, beneficially or
of record, by any Person or group (within the meaning of the Securities Exchange
Act of 1934 and the rules of the Securities and Exchange Commission thereunder
as in effect on the date hereof) of Equity Interests representing more than 50%
of the aggregate ordinary voting power represented by the issued and outstanding
Equity Interests of the Parent; (b) occupation of a majority of the seats (other
than vacant seats) on the board of directors of the Parent by Persons who were
neither (i) nominated by the board of directors of the Borrower or the Parent
nor (ii) appointed by directors so nominated; or (c) the failure of the Parent
to own, directly or indirectly, at least 80% of the outstanding Equity Interests
of the Borrower.

     

    “Change in Law” means
the occurrence, after the date of this Agreement, of any of the following: (a)
the adoption or taking effect of any law, rule, regulation or treaty, (b) any
change in any law, rule, regulation or treaty or in the administration,
interpretation or application thereof by any Governmental Authority or (c) the
making or issuance of any request, guideline or directive (whether or not having
the force of law) by any Governmental Authority.

     

    “Closing Date” means
the first date all the conditions precedent in Section 4.01 are
satisfied or waived in accordance with Section
10.01.

     

    “Code” means the
Internal Revenue Code of 1986.

     

    “Commitment” means, as
to each Lender, its obligation to (a) make Committed Loans to the Borrower
pursuant to Section
2.01 and (b) purchase participations in L/C Obligations, in an aggregate
principal amount at any one time outstanding not to exceed the Dollar amount set
forth opposite such Lender’s name on Schedule 2.01 or in
the Assignment and Assumption pursuant to which such Lender becomes a party
hereto, as applicable, as such amount may be adjusted from time to time in
accordance with this Agreement.

     

    “Committed Borrowing”
means a borrowing consisting of simultaneous Committed Loans of the same Type,
in the same currency and, in the case of Eurocurrency Rate Loans, having the
same Interest Period made by each of the Lenders pursuant to Section
2.01.

     

    “Committed Loan” has
the meaning specified in Section
2.01.

     

    “Committed Loan
Notice” means a notice of (a) a Committed Borrowing, (b) a conversion of
Committed Loans from one Type to the other, or (c) a continuation of
Eurocurrency Rate Loans, pursuant to Section 2.02(a),
which, if in writing, shall be substantially in the form of Exhibit
A.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    “Compliance
Certificate” means a certificate substantially in the form of Exhibit
C.

     

    “Consolidated Adjusted
EBITDA” means, for any period, for the Parent and its Subsidiaries on a
consolidated basis, the difference of (a) Consolidated EBITDA for such period,
minus (b) taxes
paid in cash during such period, minus (c) ordinary
(as opposed to special) dividends paid in cash during such period.

     

    “Consolidated EBITDA”
means, for any period, Consolidated Net Income for such period plus (a) without
duplication and to the extent deducted in determining Consolidated Net Income,
the sum of (i)
consolidated interest expense for such period, (ii) consolidated income tax
expense for such period, (iii) all amounts attributable to depreciation and
amortization for such period, (iv) any extraordinary losses and nonrecurring
charges for such period, (v) any non-cash charges (including the non-cash
portion of pension expense) for such period, (vi) losses on asset sales outside
the ordinary course of business for such period, (vii) restructuring charges or
provisions for such period, (viii) any costs incurred in connection with
acquisitions (including in connection with closure and/or consolidation of
facilities) in an aggregate amount with respect to any such acquisition not to
exceed 5% of the aggregate consideration for such acquisition, (ix) any expenses
or charges incurred in connection with any issuance of debt or equity securities
for such period and (x) any deduction for minority interest expense for such
period with respect to a Subsidiary that is not wholly owned by the Parent
(provided that
(A) the amount added to Consolidated Net Income pursuant to this subclause (x)
for any period shall not exceed 5% of the amount of Consolidated EBITDA computed
in accordance with this definition for such period, and (B) the Indebtedness and
interest expense of such Subsidiary are included in the calculation of
Indebtedness and Consolidated Interest Charges to the same extent as would be
required if such Subsidiary were wholly owned by the Parent) and minus (b) without
duplication and to the extent included in determining such Consolidated Net
Income, (i) any extraordinary gains and non-recurring gains for such period,
(ii) any non-cash gains for such period and (iii) any gains on asset sales
outside the ordinary course of business for such period, all determined on a
consolidated basis in accordance with GAAP; provided that for
purposes of determining the Consolidated Leverage Ratio only, (A) there shall be
included in determining the Consolidated EBITDA for any period the Acquired
EBITDA of any Person, property, business or asset acquired outside the ordinary
course of business during such period by the Parent or a Subsidiary, to the
extent not subsequently sold, transferred or otherwise disposed of by the Parent
or a Subsidiary during such period (each such Person, property, business or
asset acquired and not subsequently so disposed of, an “Acquired Entity or
Business”), based on the actual Acquired EBITDA of such Acquired Entity
or Business for such period (including the portion thereof occurring prior to
such acquisition) and (B) there shall be excluded in determining Consolidated
EBITDA for any period the Acquired EBITDA of any Person, property, business or
asset sold, transferred or otherwise disposed of outside the ordinary course of
business by the Parent or any Subsidiary during such period (each such Person,
property, business or asset so sold or disposed of, a “Sold Entity or
Business”) based on the actual Acquired EBITDA of such Sold Entity or
Business for such period (including the portion thereof occurring prior to such
sale, transfer or disposition).

     

    “Consolidated Fixed Charge
Coverage Ratio” means, on any date, the ratio of (a) Consolidated
Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent
ended on such date to (b) Consolidated Fixed Charges for such
period.

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    “Consolidated Fixed
Charges” means, for any period, for the Parent and its Subsidiaries on a
consolidated basis, the sum of (a) Consolidated Interest Charges for such
period, plus
(b) all payments of principal on Indebtedness of the Parent and its Subsidiaries
(other than any Refinanced Principal Payment) scheduled to be made in cash
during such period (whether or not so made, and expressly excluding any
voluntary, unscheduled prepayments or repayments thereof made prior to the first
day of the fiscal quarter in which such principal payment is scheduled to be
made).

     

    “Consolidated Funded
Indebtedness” means, as of any date of determination, the sum of (a) the
aggregate principal amount of Indebtedness of the Parent and its Subsidiaries
outstanding as of such date, in the amount that would be reflected on the
balance sheet of the Parent and its Subsidiaries prepared as of such date on a
consolidated basis in accordance with GAAP, plus (b) the
aggregate principal amount of obligations for borrowed money that are
outstanding as of such date of Persons other than the Parent and its
Subsidiaries, to the extent Guaranteed by the Parent or any of its
Subsidiaries.

     

    “Consolidated Interest
Charges” means, for any period, for the Parent and its Subsidiaries on a
consolidated basis, the sum of (a) all interest, premium payments, debt
discount, fees, charges and related expenses of the Parent and its Subsidiaries
in connection with borrowed money (including capitalized interest) or in
connection with the deferred purchase price of assets, in each case to the
extent treated as interest in accordance with GAAP, and (b) the portion of rent
expense of the Parent and its Subsidiaries with respect to such period under
capital leases that is treated as interest in accordance with GAAP.

     

    “Consolidated Leverage
Ratio” means, as of any date of determination, the ratio of (a)
Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for
the period of the four fiscal quarters most recently ended.

     

    “Consolidated Net
Income” means, for any period, the net income or loss of the Parent and
its Subsidiaries for such period determined on a consolidated basis in
accordance with GAAP; provided that there
shall be excluded from such net income or loss the income or loss of any Person
accrued prior to the date it becomes a Subsidiary or is merged into or
consolidated with the Parent or any Subsidiary or the date that such Person’s
assets are acquired by the Parent or any Subsidiary.

     

    “Control” means 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 ability
to exercise voting power, by contract or otherwise.  “Controlling” and
“Controlled”
have meanings correlative thereto.

     

    “Cost of Funds Rate”
means, as of any day, the rate of interest determined by the Administrative
Agent to be representative of its or the applicable Lenders’ cost of funds, as
applicable, to extend or maintain credit under this Agreement on such
day.

     

    “Credit Extension”
means each of the following: (a) a Borrowing and (b) an L/C Credit
Extension.

     

    “Debt Rating” has the
meaning specified in the definition of “Applicable Rate.”

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    “Debtor Relief Laws”
means the Bankruptcy Code of the United States, and all other liquidation,
conservatorship, bankruptcy, assignment for the benefit of creditors,
moratorium, rearrangement, receivership, insolvency, reorganization, or similar
debtor relief Laws of the United States or other applicable jurisdictions from
time to time in effect and affecting the rights of creditors
generally.

     

    “Default” means any
event or condition that constitutes an Event of Default or that, with the giving
of any notice, the passage of time, or both, would, unless cured or waived,
become an Event of Default.

     

    “Default Rate” means
(a) when used with respect to Obligations other than Letter of Credit Fees, an
interest rate equal to (i) the Base Rate plus (ii) the
Applicable Rate, if any, applicable to Base Rate Loans plus (iii) 2% per
annum; provided
that with respect to a Eurocurrency Rate Loan (or a Loan bearing interest at the
Cost of Funds Rate), the Default Rate shall be an interest rate equal to the
interest rate (including any Applicable Rate and any Mandatory Cost) otherwise
applicable to such Loan plus 2% per annum, and (b) when used with respect to
Letter of Credit Fees, a rate equal to the Applicable Rate plus 2% per
annum.

     

    “Defaulting Lender”
means, subject to Section 2.16(b), any
Lender that, as determined by the Administrative Agent, (a) has failed to
perform any of its funding obligations hereunder,  including in
respect of its Loans or participations in respect of Letters of Credit, within
three Business Days of the date required to be funded by it hereunder, unless
such obligation is the subject of a good faith dispute, (b) has notified the
Borrower or the Administrative Agent in writing that it does not intend to
comply with its funding obligations hereunder or has made a public statement to
that effect with respect to its funding obligations hereunder or generally under
other agreements in which it commits to extend credit, (c) has failed, within
three Business Days after request by the Administrative Agent, to confirm in a
manner satisfactory to the Administrative Agent that it will comply with its
funding obligations, or (d) has, or has a direct or indirect parent company that
has, (i) become the subject of a proceeding under any Debtor Relief Law, (ii)
had a receiver, conservator, trustee, administrator, assignee for the benefit of
creditors or similar Person charged with reorganization or liquidation of its
business or a custodian appointed for it, or (iii) taken any action in
furtherance of, or indicated its consent to, approval of or acquiescence in any
such proceeding or appointment; provided that a
Lender shall not be a Defaulting Lender solely by virtue of the ownership or
acquisition of any equity interest in that Lender or any direct or indirect
parent company thereof by a Governmental Authority or exercise of control over
such Lender or direct or indirect parent company thereof by a Governmental
Authority.

     

    “Disclosed Matters ”
means the actions, suits and proceedings and the environmental matters disclosed
in Schedule
5.06.

     

    “Disposition” or
“Dispose” means
the sale, transfer, license, lease or other disposition (including any sale and
leaseback transaction) of any property by any Person, including any sale,
assignment, transfer or other disposal, with or without recourse, of any notes
or accounts receivable or any rights and claims associated
therewith.

     

    “Dollar” and “$” mean lawful money
of the United States.

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    “Dollar Equivalent”
means, at any time, (a) with respect to any amount denominated in Dollars, such
amount, and (b) with respect to any amount denominated in any Alternative
Currency, the equivalent amount thereof in Dollars as determined by the
Administrative Agent at such time on the basis of the Spot Rate (determined in
respect of the most recent Revaluation Date) for the purchase of Dollars with
such Alternative Currency.

     

    “Eligible Assignee”
means any Person that meets the requirements to be an assignee under Section
10.06(b)(iii), (v) and (vi) (subject to such
consents, if any, as may be required under Section
10.06(b)(iii)).

     

    “EMU” means the
economic and monetary union in accordance with the Treaty of Rome 1957, as
amended by the Single European Act 1986, the Maastricht Treaty of 1992 and the
Amsterdam Treaty of 1998.

     

    “EMU Legislation”
means the legislative measures of the European Council for the introduction of,
changeover to or operation of a single or unified European
currency.

     

    “Environmental Laws”
means any and all Federal, state, local, and foreign statutes, laws,
regulations, ordinances, rules, judgments, orders, decrees, permits,
concessions, grants, franchises, licenses, agreements or governmental
restrictions relating to pollution and the protection of the environment or the
release of any materials into the environment, including those related to
hazardous substances or wastes, air emissions and discharges to waste or public
systems.

     

    “Environmental
Liability” means any liability, contingent or otherwise (including any
liability for damages, costs of environmental remediation, fines, penalties or
indemnities), of the Parent, any other Loan Party or any of their respective
Subsidiaries directly or indirectly resulting from or based upon (a) violation
of any Environmental Law, (b) the generation, use, handling, transportation,
storage, treatment or disposal of any Hazardous Materials, (c) exposure to any
Hazardous Materials, (d) the release or threatened release of any Hazardous
Materials into the environment or (e) any contract, agreement or other
consensual arrangement pursuant to which liability is assumed or imposed with
respect to any of the foregoing.

     

    “Equity Interests”
means, with respect to any Person, all of the shares of capital stock of (or
other ownership or profit interests in) such Person, all of the warrants,
options or other rights for the purchase or acquisition from such Person of
shares of capital stock of (or other ownership or profit interests in) such
Person, all of the securities convertible into or exchangeable for shares of
capital stock of (or other ownership or profit interests in) such Person or
warrants, rights or options for the purchase or acquisition from such Person of
such shares (or such other interests), and all of the other ownership or profit
interests in such Person (including partnership, member or trust interests
therein), whether voting or nonvoting, and whether or not such shares, warrants,
options, rights or other interests are outstanding on any date of
determination.

     

    “ERISA” means the
Employee Retirement Income Security Act of 1974.

     

    “ERISA Affiliate”
means any trade or business (whether or not incorporated) that, together with
the Parent, is treated as a single employer under Section 414(b) or (c) of the
Code

     

    
      
         

      

      
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    (and
Sections 414(m) and (o) of the Code for purposes of provisions relating to
Section 412 of the Code).

     

    “ERISA Event” means
(a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal by the
Parent or any ERISA Affiliate from a Pension Plan subject to Section 4063 of
ERISA during a plan year in which it was a substantial employer (as defined in
Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as
such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial
withdrawal by the Parent or any ERISA Affiliate from a Multiemployer Plan or
notification that a Multiemployer Plan is in reorganization; (d) the filing of a
notice of intent to terminate, the treatment of a Pension Plan amendment as a
termination under Section 4041 or 4041A of ERISA, or the commencement of
proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (e)
an event or condition which constitutes grounds under Section 4042 of ERISA for
the termination of, or the appointment of a trustee to administer, any Pension
Plan or Multiemployer Plan; or (f) the imposition of any liability under Title
IV of ERISA, other than for PBGC premiums due but not delinquent under Section
4007 of ERISA, upon the Parent or any ERISA Affiliate.

     

    “Euro” and “EUR” mean the lawful
currency of the Participating Member States introduced in accordance with the
EMU Legislation.

     

    “Eurocurrency Rate”
means

     

    (a)           for
any Interest Period with respect to a Eurocurrency Rate Loan, the rate per annum
equal to (i) the British Bankers Association LIBOR Rate (“BBA LIBOR”), as
published by Reuters (or other commercially available source providing
quotations of BBA LIBOR as designated by the Administrative Agent from time to
time) at approximately 11:00 a.m., London time, two London Banking Days prior to
the commencement of such Interest Period, for deposits in the relevant currency
(for delivery on the first day of such Interest Period) with a term equivalent
to such Interest Period, or (ii) if such rate is not available at such time for
any reason (as provided in Section 2.13), then
the “Eurocurrency Rate” for such Interest Period shall be the rate per annum
determined as the average of the Quoted Rates supplied to the Administrative
Agent by the Reference Banks in accordance with Section 2.13;
and

     

    (b)           for
any interest calculation with respect to a Base Rate Loan on any date, the rate
per annum equal to (i) BBA LIBOR, at approximately 11:00 a.m., London time
determined two London Banking Days prior to such date for Dollar deposits being
delivered in the London interbank market for a term of one month commencing that
day or (ii) if such published rate is not available at such time for any reason,
the rate per annum determined by the Administrative Agent to be the rate at
which deposits in Dollars for delivery on the date of determination in same day
funds in the approximate amount of the Base Rate Loan being made or maintained
and with a term equal to one month would be offered by Bank of America’s London
Branch to major banks in the London interbank Eurodollar market at their request
at the date and time of determination.

     

    “Eurocurrency Rate
Loan” means a Committed Loan that bears interest at a rate based on the
Eurocurrency Rate.  Eurocurrency Rate Loans may be denominated in
Dollars or in an

     

    
      
         

      

      
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    Alternative
Currency.  All Committed Loans denominated in an Alternative Currency
must be Eurocurrency Rate Loans.

     

    “Event of Default” has
the meaning specified in Section
8.01.

     

    “Excluded Taxes”
means, with respect to the Administrative Agent, any Lender, the L/C Issuer or
any other recipient of any payment to be made by or on account of any obligation
of the Borrower hereunder, (a) Taxes imposed on or measured by its overall net
income (however denominated), and franchise taxes imposed on it (in lieu of net
income taxes), by the jurisdiction (or any political subdivision thereof) under
the Laws of which such recipient is organized or in which its principal office
is located or, in the case of any Lender, in which its applicable Lending Office
is located, (b) any branch profits taxes imposed by the United States or any
similar tax imposed by any other jurisdiction in which the Borrower or the
recipient is located, (c) any backup withholding tax that is required by the
Code to be withheld from amounts payable to a Lender that has failed to comply
with clause (A) of Section 3.01(e)(ii),
and (d) in the case of a Foreign Lender (other than an assignee pursuant to a
request by the Borrower under Section 10.13), any
withholding tax that (i) is required to be imposed on amounts payable to such
Foreign Lender pursuant to the Laws in force at the time such Foreign Lender
becomes a party hereto (or designates a new Lending Office) or (ii) is
attributable to such Foreign Lender’s failure or inability (other than as a
result of a Change in Law) to comply with clause (B) of Section 3.01(e)(ii),
except to the extent that such Foreign Lender (or its assignor, if any) was
entitled, at the time of designation of a new Lending Office (or assignment), to
receive additional amounts from the Borrower with respect to such withholding
tax pursuant to Section 3.01(a)(ii) or
(iii).  Notwithstanding anything to the contrary contained in
this definition, “Excluded Taxes” shall not include any withholding tax imposed
at any time on payments made by or on behalf of a Foreign Obligor to any Lender
hereunder or under any other Loan Document; provided that such
Lender shall have complied with Section
3.01(e)(i).

     

    “Existing Credit Agreement
Indebtedness” means the Indebtedness under that certain Credit Agreement
dated as of October 1, 2008 among the Parent, the Borrower, Bank of America, as
administrative agent, and a syndicate of lenders.

     

    “Extended Letter of
Credit” means any Letter of Credit that for any reason at any time,
whether on the date of issuance, amendment, extension or renewal thereof or
otherwise, has an expiry date later than the date that is five Business Days
prior to the Maturity Date (or, if such date is not a Business Day, the next
preceding Business Day).

     

    “Federal Funds Rate”
means, for any day, the rate per annum equal to the weighted average of the
rates on overnight Federal funds transactions with members of the Federal
Reserve System arranged by Federal funds brokers on such day, as published by
the Federal Reserve Bank of New York on the Business Day next succeeding such
day; provided
that (a) if such day is not a Business Day, the Federal Funds Rate for such day
shall be such rate on such transactions on the next preceding Business Day as so
published on the next succeeding Business Day, and (b) if no such rate is so
published on such next succeeding Business Day, the Federal Funds Rate for such
day shall be the average rate (rounded upward, if necessary, to a whole multiple
of 1/100 of 1%) charged to Bank of America on such day on such transactions as
determined by the Administrative Agent.

     

    
      
         

      

      
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    “Fee Letter” means the
fee letter agreement, dated as of June 14, 2010, among the Parent, the Borrower,
the Administrative Agent and BAS.

     

    “Financial Officer”
means, with respect to the Parent or the Borrower, the chief executive officer,
chief financial officer, principal accounting officer, treasurer or controller
thereof, as applicable.

     

    “Foreign Lender” means
any Lender that is organized under the Laws of a jurisdiction other than that in
which the Borrower is resident for tax purposes (including such a Lender when
acting in the capacity of the L/C Issuer).  For purposes of this
definition, the United States, each State thereof and the District of Columbia
shall be deemed to constitute a single jurisdiction.

     

    “Foreign Obligor”
means a Loan Party that is a Foreign Subsidiary.

     

    “Foreign Subsidiary”
means any Subsidiary of the Parent that is organized under the laws of a
jurisdiction other than the United States, a State thereof or the District of
Columbia.

     

    “FRB” means the Board
of Governors of the Federal Reserve System of the United States.

     

    “Fronting Exposure”
means, at any time there is a Defaulting Lender, with respect to the L/C Issuer,
such Defaulting Lender’s Applicable Percentage of the outstanding L/C
Obligations other than L/C Obligations as to which such Defaulting Lender’s
participation obligation has been reallocated to other Lenders or Cash
Collateralized in accordance with the terms hereof.

     

    “Fund” means any
Person (other than a natural person) that is (or will be) engaged in making,
purchasing, holding or otherwise investing in commercial loans and similar
extensions of credit in the ordinary course of its activities.

     

    “GAAP” means generally
accepted accounting principles in the United States set forth in the opinions
and pronouncements of the Accounting Principles Board and the American Institute
of Certified Public Accountants and statements and pronouncements of the
Financial Accounting Standards Board or such other principles as may be in
general use by a significant segment of the accounting profession in the United
States, that are applicable to the circumstances as of the date of
determination, consistently applied.

     

    “Governmental
Authority” means the government of the United States or any other nation,
or of any political subdivision thereof, whether state or local, and any agency,
authority, instrumentality, regulatory body, court, central bank or other entity
exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any
supra-national bodies such as the European Union or the European Central
Bank).

     

    “Granting Lender” has
the meaning specified in Section
10.06(g).

     

    “Guarantee” means, as
to any Person, (a) any obligation, contingent or otherwise, of such Person
guaranteeing or having the economic effect of guaranteeing any Indebtedness or
other obligation payable or performable by another Person (the “primary
obligor”) in any manner,

     

    
      
         

      

      
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    whether
directly or indirectly, and including any obligation of such Person, direct or
indirect, (i) to purchase or pay (or advance or supply funds for the purchase or
payment of) such Indebtedness or other obligation, (ii) to purchase or lease
property, securities or services for the purpose of assuring the obligee in
respect of such Indebtedness or other obligation of the payment or performance
of such Indebtedness or other obligation, (iii) to maintain working capital,
equity capital or any other financial statement condition or liquidity or level
of income or cash flow of the primary obligor so as to enable the primary
obligor to pay such Indebtedness or other obligation, or (iv) entered into for
the purpose of assuring in any other manner the obligee in respect of such
Indebtedness or other obligation of the payment or performance thereof or to
protect such obligee against loss in respect thereof (in whole or in part), or
(b) any Lien on any assets of such Person securing any Indebtedness or other
obligation of any other Person, whether or not such Indebtedness or other
obligation is assumed by such Person (or any right, contingent or otherwise, of
any holder of such Indebtedness to obtain any such Lien); provided that the
term “Guarantee” shall not include endorsements for collection or deposit in the
ordinary course of business.  The amount of any Guarantee shall be
deemed to be an amount equal to the stated or determinable amount of the related
primary obligation, or portion thereof, in respect of which such Guarantee is
made or, if not stated or determinable, the maximum reasonably anticipated
liability in respect thereof as determined by the guaranteeing Person in good
faith.  The term “Guarantee” as a verb has a corresponding
meaning.

     

    “Guaranty Agreement”
means the Guaranty Agreement, substantially in the form of Exhibit E, among the
Borrower, the Guarantors and the Administrative Agent, and any other agreement
entered into from time to time, pursuant to which any Person guarantees any of
the Obligations.

     

    “Guarantors” means (a)
the Parent and each of its Subsidiaries identified on Schedule 1.01(b) and
(b) each other Person that, whether at the option of the Parent, pursuant to
Section 6.09 or
otherwise, at any time becomes a party to the Guaranty Agreement as a Guarantor
thereunder.

     

    “Hazardous Materials”
means all explosive or radioactive substances or wastes and all hazardous or
toxic substances, wastes or other pollutants, including petroleum or petroleum
distillates, asbestos or asbestos-containing materials, polychlorinated
biphenyls, radon gas, infectious or medical wastes and all other substances or
wastes of any nature regulated pursuant to any Environmental Law.

     

    “Indebtedness” of any
Person means, without duplication, (a) all obligations of such Person for
borrowed money or with respect to deposits or advances of any kind, (b) all
obligations of such Person evidenced by bonds, debentures, notes or similar
instruments, (c) all obligations of such Person upon which interest charges are
customarily paid, (d) all obligations of such Person under conditional sale or
other title retention agreements relating to property acquired by such Person,
(e) all obligations of such Person in respect of the deferred purchase price of
property or services (excluding current accounts payable incurred in the
ordinary course of business), (f) all Indebtedness of others secured by (or for
which the holder of such Indebtedness has an existing right, contingent or
otherwise, to be secured by) any Lien on property owned or acquired by such
Person, whether or not the Indebtedness secured thereby has been assumed (the
amount of such Indebtedness shall be deemed to be an amount equal to
the

     

    
      
         

      

      
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    stated or
determinable amount of the related primary obligation, or portion thereof, in
respect of which such Lien is granted or, if not stated or determinable, the
maximum reasonably anticipated liability in respect thereof as determined by the
Person who granted such Lien in good faith), (g) all Guarantees by such Person
of Indebtedness of others, (h) all Capital Lease Obligations of such Person, (i)
all obligations, contingent or otherwise, of such Person as an account party in
respect of letters of credit and letters of guaranty and (j) all obligations,
contingent or otherwise, of such Person in respect of bankers’
acceptances.  For all purposes hereof, the Indebtedness of any Person
shall include the Indebtedness of any partnership or joint venture (other than a
joint venture that is itself a corporation or limited liability company) in
which such Person is a general partner or a joint venturer, unless such
Indebtedness is expressly made non-recourse to such Person.  The
amount of any net obligation under any Swap Contract, to the extent otherwise
constituting Indebtedness, on any date shall be deemed to be the Swap
Termination Value thereof as of such date.

     

    “Indemnified Taxes”
means Taxes other than Excluded Taxes and Other Taxes.

     

    “Indemnitees” has the
meaning specified in Section
10.04(b).

     

    “Information” has the
meaning specified in Section
10.07.

     

    “Interest Payment
Date” means, (a) as to any Loan other than a Base Rate Loan, the last day
of each Interest Period applicable to such Loan and the Maturity Date; provided that if any
Interest Period for a Eurocurrency Rate Loan exceeds three months, the
respective dates that fall every three months after the beginning of such
Interest Period shall also be Interest Payment Dates; and (b) as to any Base
Rate Loan, the last Business Day of each March, June, September and December and
the Maturity Date.

     

    “Interest Period”
means, as to each Eurocurrency Rate Loan, the period commencing on the date such
Eurocurrency Rate Loan is disbursed or converted to or continued as a
Eurocurrency Rate Loan and ending on the date one, two, three or six months
thereafter, as selected by the Borrower in its Committed Loan Notice; provided
that:

     

    (i) any
Interest Period that would otherwise end on a day that is not a Business Day
shall be extended to the next succeeding Business Day, unless such Business Day
falls in another calendar month, in which case such Interest Period shall end on
the next preceding Business Day;

     

    (ii) any
Interest Period that begins on the last Business Day of a calendar month (or on
a day for which there is no numerically corresponding day in the calendar month
at the end of such Interest Period) shall end on the last Business Day of the
calendar month at the end of such Interest Period; and

     

    (iii) no
Interest Period shall extend beyond the Maturity Date.

     

    “Investment” means, as
to any Person, any direct or indirect acquisition or investment by such Person,
whether by means of (a) the purchase or other acquisition of any Equity
Interests of another Person, (b) a loan, advance or capital contribution to,
Guarantee or assumption of debt of, or purchase or other acquisition of any
other debt or equity participation or interest in, another

     

    
      
         

      

      
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    Person,
including any partnership or joint venture interest in such other Person and any
arrangement pursuant to which the investor Guarantees Indebtedness of such other
Person, or (c) the purchase or other acquisition (in one transaction or a series
of transactions) of assets of another Person that constitute a business
unit.  For purposes of covenant compliance, the amount of any
Investment shall be the amount actually invested, without adjustment for
subsequent increases or decreases in the value of such Investment.

     

    “IRS” means the United
States Internal Revenue Service.

     

    “ISP” means, with
respect to any Letter of Credit, the “International Standby Practices 1998”
published by the Institute of International Banking Law & Practice, Inc. (or
such later version thereof as may be in effect at the time of
issuance).

     

    “Issuer Documents”
means with respect to any Letter of Credit, the Letter of Credit Application,
and any other document, agreement and instrument entered into by the L/C Issuer
and the Borrower (or any Subsidiary) or in favor of the L/C Issuer and relating
to such Letter of Credit.

     

    “L/C Advance” means,
with respect to each Lender, such Lender’s funding of its participation in any
L/C Borrowing in accordance with its Applicable Percentage.  All L/C
Advances shall be denominated in Dollars.

     

    “L/C Borrowing” means
an extension of credit resulting from a drawing under any Letter of Credit that
has not been reimbursed on the date when made or refinanced as a Committed
Borrowing. All L/C Borrowings shall be denominated in Dollars.

     

    “L/C Credit Extension”
means, with respect to any Letter of Credit, the issuance thereof or extension
of the expiry date thereof, or the increase of the amount thereof.

     

    “L/C Issuer” means
Bank of America in its capacity as issuer of Letters of Credit hereunder, or any
successor issuer of Letters of Credit hereunder.

     

    “L/C Obligations”
means, as at any date of determination, the aggregate amount available to be
drawn under all outstanding Letters of Credit plus the aggregate of all
Unreimbursed Amounts, including all L/C Borrowings.  For purposes of
computing the amount available to be drawn under any Letter of Credit, the
amount of such Letter of Credit shall be determined in accordance with Section
1.09.  For all purposes of this Agreement, if on any date of
determination a Letter of Credit has expired by its terms, but any amount may
still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP,
such Letter of Credit shall be deemed to be “outstanding” in the amount so
remaining available to be drawn.

     

    “Laws” means,
collectively, all international, foreign, Federal, state and local statutes,
treaties, rules, guidelines, regulations, ordinances, codes and administrative
or judicial precedents or authorities, including the interpretation or
administration thereof by any

     

     

    
      
         

      

      
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    Governmental
Authority charged with the enforcement, interpretation or administration
thereof, and all applicable administrative orders, directed duties, requests,
licenses, authorizations and permits of, and agreements with, any Governmental
Authority, in each case whether or not having the force of law.

     

    “Lender” has the
meaning specified in the introductory paragraph hereto, including each Acceding
Lender.

     

    “Lending Office”
means, as to any Lender, the office or offices of such Lender described as such
in such Lender’s Administrative Questionnaire, or such other office or offices
as a Lender may from time to time notify the Borrower and the Administrative
Agent.

     

    “Letter of Credit”
means any standby letter of credit issued hereunder.  Letters of
Credit may only be issued in Dollars.

     

    “Letter of Credit
Application” means an application and agreement for the issuance or
amendment of a Letter of Credit in the form from time to time in use by the L/C
Issuer.

     

    “Letter of Credit Expiration
Date” means the day that is one year after the Maturity Date (or, if such
day is not a Business Day, the next preceding Business Day).

     

    “Letter of Credit Fee”
has the meaning specified in Section
2.03(h).

     

    “Letter of Credit
Sublimit” means an amount equal to $100,000,000.  The Letter of
Credit Sublimit is part of, and not in addition to, the Aggregate
Commitments.

     

    “Lien” means any
mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance,
lien (statutory or other), charge, or preference, priority or other security
interest or preferential arrangement in the nature of a security interest of any
kind or nature whatsoever (including any conditional sale or other title
retention agreement, any easement, right of way or other encumbrance on title to
real property, and any financing lease having substantially the same economic
effect as any of the foregoing).

     

    “Loan” means an
extension of credit by a Lender to the Borrower under Article II in the
form of Committed Loan.

     

    “Loan Documents” means
this Agreement, each Note, each Issuer Document, the Fee Letter and the Guaranty
Agreement.

     

    “Loan Parties” means,
collectively, the Borrower and the Guarantors.

     

    “London Banking Day”
means any day on which dealings in Dollar deposits are conducted by and between
banks in the London interbank eurodollar market.

     

    “Mandatory Cost”
means, with respect to any period, the percentage rate per annum determined in
accordance with Schedule
1.01(a).

     

    
      
         

      

      
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    “Marketing
Information” means (a) the form 10-K of the Parent filed with the SEC for
the fiscal year ended December 31, 2009, (b) the form 10-Q of the Parent filed
with the SEC for the period ended March 31, 2010, and (c) the Confidential
Information Memorandum of the Borrower and the Parent dated “July 2010” and
provided to the Lenders in connection with the syndication of the
facilities.

     

    “Material Acquisition”
means an acquisition by the Parent or any of its Subsidiaries of any Person,
property, business or asset outside the ordinary course of business for total
consideration in excess of $25,000,000.

     

    “Material Adverse
Effect” means (a) a material adverse change in, or a material adverse
effect upon, the business, financial position, property or results of operations
of the Parent and its Subsidiaries taken as a whole; (b) a material impairment
of the ability of any Loan Party to perform its obligations under any Loan
Document to which it is a party; or (c) a material adverse effect upon the
legality, validity, binding effect or enforceability against any Loan Party of
any Loan Document to which it is a party.

     

    “Material
Indebtedness” means (a) any Indebtedness (other than the Loans) of any
one or more of the Parent and its Subsidiaries in an aggregate principal amount
exceeding $30,000,000, and (b) the Existing Credit Agreement
Indebtedness.

     

    “Material Swap
Obligations” means obligations in respect of one or more Swap Contracts
with an aggregate Swap Termination Value exceeding $30,000,000.

     

    “Maturity Date” means
October 1, 2013; provided that if such
date is not a Business Day, the Maturity Date shall be the next preceding
Business Day.

     

    “Moody’s” means
Moody’s Investors Service, Inc. and any successor thereto.

     

    “Multiemployer Plan”
means any employee benefit plan as defined in Section 4001(a)(3) of ERISA, to
which the Parent or any ERISA Affiliate makes or is obligated to make
contributions, or during the preceding five plan years, has made or been
obligated to make contributions (excluding any foreign plans of Parent or any of
its ERISA Affiliates).

     

    “Net Worth” means, as
of any date, (a) the amount of total assets of the Parent and its Subsidiaries
minus (b) the
amount of total liabilities of the Parent and its Subsidiaries, in each case,
that would be reflected on a balance sheet prepared as of such date on a
consolidated basis in accordance with GAAP.

     

    “Note” means a
promissory note made by a Borrower in favor of a Lender evidencing Loans made by
such Lender to such Borrower, substantially in the form of Exhibit
B.

     

    “Obligations” means
all advances to, and debts, liabilities, obligations, covenants and duties of,
any Loan Party arising under any Loan Document or otherwise with respect to any
Loan or Letter of Credit, whether direct or indirect (including those acquired
by assumption), absolute or contingent, due or to become due, now existing or
hereafter arising and including interest and fees with respect thereto that
accrue after the commencement by or against any Loan Party or any Affiliate
thereof of any proceeding under any Debtor Relief Laws naming such

     

    
      
         

      

      
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    Person as
the debtor in such proceeding, regardless of whether such interest and fees are
allowed claims in such proceeding.

     

    “Organization
Documents” means, (a) with respect to any corporation, the certificate or
articles of incorporation and the bylaws (or equivalent or comparable
constitutive documents with respect to any non-U.S. jurisdiction); (b) with
respect to any limited liability company, the certificate or articles of
formation or organization and operating agreement; and (c) with respect to any
partnership, joint venture, trust or other form of business entity, the
partnership, joint venture or other applicable agreement of formation or
organization and any agreement, instrument, filing or notice with respect
thereto filed in connection with its formation or organization with the
applicable Governmental Authority in the jurisdiction of its formation or
organization and, if applicable, any certificate or articles of formation or
organization of such entity.

     

    “Other Taxes” means
all present or future stamp or documentary taxes or any other excise or property
taxes, charges or similar levies arising from any payment made hereunder or
under any other Loan Document or from the execution, delivery or enforcement of,
or otherwise with respect to, this Agreement or any other Loan
Document.

     

    “Outstanding Amount”
means (a) with respect to Committed Loans on any date, the Dollar Equivalent
amount of the aggregate outstanding principal amount thereof after giving effect
to any borrowings and prepayments or repayments of such Committed Loans
occurring on such date; and (b) with respect to any L/C Obligations on any date,
the aggregate outstanding amount of such L/C Obligations on such date after
giving effect to any L/C Credit Extension occurring on such date and any other
changes in the aggregate amount of the L/C Obligations as of such date,
including as a result of any reimbursements by the Borrower of Unreimbursed
Amounts.

     

    “Overnight Rate”
means, for any day, (a) with respect to any amount denominated in Dollars, the
greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by
the Administrative Agent or the L/C Issuer, as the case may be, in accordance
with banking industry rules on interbank compensation, and (b) with respect to
any amount denominated in an Alternative Currency, the rate of interest per
annum at which overnight deposits in the applicable Alternative Currency, in an
amount approximately equal to the amount with respect to which such rate is
being determined, would be offered for such day by a branch or Affiliate of Bank
of America in the applicable offshore interbank market for such currency to
major banks in such interbank market.

     

    “Parent” has the
meaning specified in the introductory paragraph hereto.

     

    “Parent and Borrower
Materials” has the meaning specified in Section
6.01.

     

    “Participant” has the
meaning specified in Section
10.06(d).

     

    “Participating Member
State” means each state so described in any EMU Legislation.

     

    “PBGC” means the
Pension Benefit Guaranty Corporation referred to and defined in ERISA and any
successor entity performing similar functions.

     

    
      
         

      

      
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    “Pension Plan” means
any “employee pension benefit plan” (as such term is defined in Section 3(2) of
ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA
and is sponsored or maintained by the Parent or any ERISA Affiliate or to which
the Parent or any ERISA Affiliate contributes or has an obligation to
contribute, or in the case of a multiple employer or other plan described in
Section 4064(a) of ERISA, has made contributions at any time during the
immediately preceding five plan years (excluding any foreign pension plans of
Parent or any of its ERISA Affiliates).

     

    “Permitted
Acquisitions” means the purchase or other acquisition of all of the
Equity Interests in, or all or substantially all of the property of, or a
business unit of, any Person that, upon the consummation thereof, will be
wholly-owned directly by the Parent or one or more of its wholly-owned
Subsidiaries (including as a result of a merger or consolidation), in each case
so long as:

     

    (a)           (i)
the Person to be (or the property of which is to be) so purchased or otherwise
acquired shall not object to such acquisition and (ii) the lines of business of
the Person to be (or the property of which is to be) so purchased or otherwise
acquired shall be substantially the same as, reasonably related or complementary
to, or a reasonable extension of, the lines of business of one or more of the
principal businesses of the Parent and its Subsidiaries;

     

    (b)           such
purchase or other acquisition shall not include or result in any contingent
liabilities that could reasonably be expected to be material to the business,
financial condition or operations of the Parent and its Subsidiaries, taken as a
whole (as determined in good faith by the board of directors (or the persons
performing similar functions) of the Parent or such Subsidiary if the board of
directors is otherwise approving such transaction and, in each other case, by a
Responsible Officer);

     

    (c)           the
total cash and noncash consideration (including the fair market value of all
Equity Interests issued or transferred to the sellers thereof, all indemnities,
earnouts and other contingent payment obligations to, and the aggregate amounts
paid or to be paid under noncompete, consulting and other affiliated agreements
with, the sellers thereof, all write-downs of property and reserves for
liabilities with respect thereto and all assumptions of debt, liabilities and
other obligations in connection therewith) paid by or on behalf of the Borrower
and its Subsidiaries for any such purchase or other acquisition, when aggregated
with all other Investments made pursuant to Section 7.03(h),
shall not exceed the limits set forth in Section
7.03(h);

     

    (d)           
(i) immediately before and immediately after giving pro forma effect to any such
purchase or other acquisition, no Default shall have occurred and be continuing
and (ii) immediately after giving effect to such purchase or other acquisition,
the Parent and its Subsidiaries shall be in pro forma compliance with all of the
covenants set forth in Section 7.08, such
compliance to be determined on the basis of the financial information most
recently delivered to the Administrative Agent and the Lenders pursuant to Section 6.01(a) or
(b) as though
such purchase or other acquisition had been consummated as of the first day of
the fiscal period covered thereby; and

     

    
      
         

      

      
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    (e)           if
the total consideration for such purchase or other acquisition shall be greater
than (i) with respect to Investments permitted under the proviso of Section 7.03(h),
$100,000,000 and (ii) with respect to all other purchases or acquisitions,
$25,000,000, then the Borrower shall have delivered to the Administrative Agent
and each Lender, at least five Business Days prior to the date on which any such
purchase or other acquisition is to be consummated, a certificate of a
Responsible Officer, in form and substance reasonably satisfactory to the
Administrative Agent and the Required Lenders, certifying that all of the
requirements set forth in this definition, as well as the total Investment
limitation set forth in Section 7.03(h), have
been satisfied or will be satisfied on or prior to the consummation of such
purchase or other acquisition.

     

    “Permitted
Encumbrances” means:

     

    (a)           Liens
imposed by law for taxes that are not yet due or are being contested in
compliance with Section
6.04;

     

    (b)           carriers’,
warehousemen’s, mechanics’, materialmen’s, repairmen’s and other like Liens
imposed by law, arising in the ordinary course of business;

     

    (c)           pledges
and deposits made in the ordinary course of business in compliance with workers’
compensation, unemployment insurance and other social security laws or
regulations;

     

    (d)           deposits
and other Liens (limited solely to Liens on consideration owing under the
contracts and other like obligations the performance of which is secured
thereby) to secure the performance of bids, trade contracts, leases, statutory
obligations, surety and appeal bonds, performance bonds and other obligations of
a like nature, in each case in the ordinary course of business;

     

    (e)           judgment
liens in respect of judgments that do not constitute an Event of Default under
Section
8.01(i); and

     

    (f)           easements,
zoning restrictions, rights-of-way and similar encumbrances on real property
imposed by law or arising in the ordinary course of business that do not secure
any monetary obligations and do not materially detract from the value of the
affected property or interfere with the ordinary conduct of business of the
Parent or any Subsidiary;

     

    provided that the
term “Permitted Encumbrances” shall not include any Lien securing
Indebtedness.

     

    “Person” means any
natural person, corporation, limited liability company, trust, joint venture,
association, company, partnership, Governmental Authority or other
entity.

     

    “Platform” has the
meaning specified in Section
6.01.

     

    “Public Lender” has
the meaning specified in Section
6.01.

     

    “Quotation Day” in
respect of the determination of the Eurocurrency Rate for any Interest Period
(a) for any Borrowing, conversion or continuation in Dollars or any Alternative
Currency

     

    
      
         

      

      
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    (other
than Sterling), means the day on which quotations would normally be given by
prime banks in the London interbank market for deposits in the currency in which
such Borrowing, conversion or continuation is denominated for delivery on the
first day of such Interest Period; provided that if
quotations would normally be given on more than one date, the Quotation Day for
such Interest Period shall be the last of such dates, and (b) for any Borrowing,
conversion or continuation denominated in Sterling, means the first day of such
Interest Period.

     

    “Quoted Rate” means,
with respect to any Borrowing, conversion or continuation, the rate at which
deposits in the relevant currency for delivery on the first day of the relevant
Interest Period in Same Day Funds in the approximate amount of the Eurocurrency
Rate Loan being made, converted or continued are offered by the applicable
Reference Bank in the London interbank market at 11:00 a.m., London time (in the
case of Loans denominated in Dollars or an Alternative Currency other than Euro)
or the European interbank market at 11:00 a.m., Brussels time (in the case of
Loans denominated in Euro), as applicable, in each case, on the Quotation Day
for the currency in which such Loan is denominated prior to the commencement of
such Interest Period.

     

    “Reference Banks”
means Bank of America, SunTrust Bank, The Royal Bank of Scotland plc, and Lloyds
TSB Bank plc.

     

    “Refinanced Principal
Payment” means, for any period, a scheduled payment of principal of
any senior unsecured Indebtedness of the Parent or any of its Subsidiaries to
the extent such payment was made with, and substantially concurrently with the
receipt of, proceeds of either (a) issuance of Equity Interests of the
Parent or any Subsidiary, or (b) unsecured Indebtedness of the Parent or any
Subsidiary, or a combination thereof, issued to or obtained, as applicable, from
a Person other than the Parent or one of its Subsidiaries or Affiliates in a
transaction permitted hereunder and provided that in the case of clause (b)
above, the principal of such unsecured Indebtedness is not required to be paid,
whether by way of mandatory sinking fund, mandatory redemption or mandatory
prepayment, prior to the date which is six months after the Maturity
Date.

     

    “Register” has the
meaning specified in Section
10.06(c).

     

    “Reimbursement Date”
has the meaning specified in Section
2.03(c)(i).

     

    “Related Parties”
means, with respect to any Person, such Person’s Affiliates and the partners,
directors, officers, employees, agents, trustees and advisors of such Person and
of such Person’s Affiliates.

     

    “Reportable Event”
means any of the events set forth in Section 4043(c) of ERISA, other than events
for which the 30 day notice requirement has been waived under the applicable
regulations.

     

    “Request for Credit
Extension” means (a) with respect to a Committed Borrowing, a conversion
of Committed Loans from one Type to the other, or a continuation of Eurocurrency
Rate Loans, a Committed Loan Notice, and (b) with respect to an L/C Credit
Extension, a Letter of Credit Application.

     

    
      
         

      

      
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    “Required Lenders”
means, as of any date of determination, Lenders holding, as of such date, more
than 50% of the Aggregate Commitments or, if the commitment of each Lender to
make Loans and the obligation of the L/C Issuer to make L/C Credit Extensions
have been terminated pursuant to Section 8.02, Lenders
holding in the aggregate more than 50% of the Total Outstandings (with the
aggregate amount of each Lender’s risk participation and funded participation in
L/C Obligations being deemed “held” by such Lender for purposes of this
definition); provided that the
Commitment of, and the portion of the Total Outstandings held or deemed held by,
any Defaulting Lender shall be excluded for purposes of making a determination
of Required Lenders.

     

    “Responsible Officer”
means the chief executive officer, president, chief financial officer,
treasurer, assistant treasurer, controller or (to the extent such Person is
permitted to take any applicable action pursuant to the Organization Documents
of such Loan Party) director of a Loan Party.  Any document delivered
hereunder that is signed by a Responsible Officer of a Loan Party shall be
conclusively presumed to have been authorized by all necessary corporate,
partnership and/or other action on the part of such Loan Party and such
Responsible Officer shall be conclusively presumed to have acted on behalf of
such Loan Party.

     

    “Restricted Payment”
means any dividend or other distribution (whether in cash, securities or other
property) with respect to any capital stock or other Equity Interest of the
Parent or any Subsidiary, or any payment (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
any such capital stock or other Equity Interest, or on account of any return of
capital to the Parent’s or the Borrower’s stockholders, partners or members (or
the equivalent Person thereof).

     

    “Revaluation Date”
means, with respect to any Loan, each of the following:  (a) each date
of a Borrowing of a Eurocurrency Rate Loan denominated in an Alternative
Currency, (b) each date of a continuation of a Eurocurrency Rate Loan
denominated in an Alternative Currency pursuant to Section 2.02, and (c)
such other dates on which an Alternative Currency Equivalent is required to be
determined hereunder.

     

    “S&P” means
Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies,
Inc. and any successor thereto.

     

    “Same Day Funds” means
(a) with respect to disbursements and payments in Dollars, immediately available
funds, and (b) with respect to disbursements and payments in an Alternative
Currency, same day or other funds as may be determined by the Administrative
Agent to be customary in the place of disbursement or payment for the settlement
of international banking transactions in the relevant Alternative
Currency.

     

    “SEC” means the
Securities and Exchange Commission, or any Governmental Authority succeeding to
any of its principal functions.

     

    “Sold Entity or
Business” has the meaning assigned to such term in the definition of
“Consolidated EBITDA”.

     

    “SPC” has the meaning
specified in Section
10.06(g).

     

    
      
         

      

      
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    “Special Notice
Currency” means at any time an Alternative Currency, other than the
currency of a country that is a member of the Organization for Economic
Cooperation and Development at such time located in North America or
Europe.

     

    “Spot Rate” for a
currency means the rate determined by the Administrative Agent to be the rate
quoted by the Person acting in such capacity as the spot rate for the purchase
by such Person of such currency with another currency through its principal
foreign exchange trading office at approximately 11:00 a.m. on the date two
Business Days prior to the date as of which the foreign exchange computation is
made; provided
that the Administrative Agent may obtain such spot rate from another financial
institution designated by the Administrative Agent if the Person acting in such
capacity does not have as of the date of determination a spot buying rate for
any such currency.

     

    “Sterling” and “£” mean the lawful
currency of the United Kingdom.

     

    “Subsidiary” of a
Person means a corporation, partnership, joint venture, limited liability
company or other business entity of which a majority of the Equity Interests
having ordinary voting power for the election of directors or other governing
body (other than Equity Interests having such power only by reason of the
happening of a contingency) are at the time beneficially owned, or the
management of which is otherwise Controlled, directly, or indirectly through one
or more intermediaries, or both, by such Person.  Unless otherwise
specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall
refer to a Subsidiary or Subsidiaries of the Parent.

     

    “Swap Contract” means
(a) any and all rate swap transactions, basis swaps, credit derivative
transactions, forward rate transactions, commodity swaps, commodity options,
forward commodity contracts, equity or equity index swaps or options, bond or
bond price or bond index swaps or options or forward bond or forward bond price
or forward bond index transactions, interest rate options, forward foreign
exchange transactions, cap transactions, floor transactions, collar
transactions, currency swap transactions, cross-currency rate swap transactions,
currency options, spot contracts, or any other similar transactions or any
combination of any of the foregoing (including any options to enter into any of
the foregoing), whether or not any such transaction is governed by or subject to
any master agreement, and (b) any and all transactions of any kind, and the
related confirmations, which are subject to the terms and conditions of, or
governed by, any form of master agreement published by the International Swaps
and Derivatives Association, Inc., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together
with any related schedules, a “Master Agreement”),
including any such obligations or liabilities under any Master Agreement;
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 Parent of the Subsidiaries shall be a Swap
Contract.

     

    “Swap Termination
Value” means, in respect of any one or more Swap Contracts, after taking
into account the effect of any legally enforceable netting agreement relating to
such Swap Contracts, (a) for any date on or after the date such Swap Contracts
have been closed out and termination value(s) determined in accordance
therewith, such termination value(s), and (b) for any date prior to the date
referenced in clause (a), the termination value(s) for such Swap

     

    
      
         

      

      
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    Contract,
as determined in accordance therewith as if such Swap Contract had been closed
out on such date and each counterparty thereto were an “Affected Party” (or
similar term) thereunder.

     

    “TARGET” means the
Trans-European Automated Real-time Gross Settlement Express Transfer payment
system which utilizes interlinked national real time gross settlement systems
and the European Central Bank’s payment mechanism and which began operations on
January 4, 1999.

     

    “TARGET2” means the
Trans-European Automated Real-time Gross Settlement Express Transfer payment
system which utilizes a single shared platform and which was launched on
November 19, 2007.

     

    “TARGET Day”
means:

     

    (a)           until
such time as TARGET is permanently closed down and ceases operations, any day on
which both TARGET and TARGET2 are open for the settlement of payments in Euro;
and

     

    (b)           following
such time as TARGET is permanently closed down and ceases operations, any day on
which TARGET2 is open for the settlement of payments in Euro.

     

    “Taxes” means all
present or future taxes, levies, imposts, duties, deductions, withholdings
(including backup withholding), assessments, fees or other charges imposed by
any Governmental Authority, including any interest, additions to tax or
penalties applicable thereto.

     

    “Topco” means the
entity that, as of the Closing Date, is owned in part by the Parent or any
Subsidiary and holds, directly or indirectly, Equity Interests in Gras Savoye
& Cie.

     

    “Total Outstandings”
means the aggregate Outstanding Amount of all Loans and all L/C
Obligations.

     

    “Type” means, with
respect to a Committed Loan, its character as a Base Rate Loan or a Eurocurrency
Rate Loan.

     

    “Underwritten
Securities” means debt, equity and/or equity-linked securities that are
underwritten and/or initially purchased for the purpose of placement with or
distribution to third parties.

     

    “United States” and
“U.S.” mean the
United States of America.

     

    “Unreimbursed Amount”
has the meaning specified in Section
2.03(c)(i).

     

    “WSI” means Willis
Securities, Inc., a Delaware corporation and an indirect Subsidiary of the
Parent that is a licensed broker-dealer.

     

    1.02 Other Interpretive
Provisions.  With reference to this Agreement and each other
Loan Document, unless otherwise specified herein or in such other Loan
Document:

     

    
      
         

      

      
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    (a) The
definitions of terms herein shall apply equally to 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 (including any Organization Document)
shall be construed as referring to such agreement, instrument or other document
as from time to time amended, supplemented or otherwise modified (subject to any
restrictions on such amendments, supplements or modifications set forth herein
or in any other Loan Document), (ii) any reference herein to any Person shall be
construed to include such Person’s successors and assigns, (iii) the words
“herein,”
“hereof” and
“hereunder,”
and words of similar import when used in any Loan Document, shall be construed
to refer to such Loan Document in its entirety and not to any particular
provision thereof, (iv) all references in a Loan Document to Articles, Sections,
Exhibits and Schedules shall be construed to refer to Articles and Sections of,
and Exhibits and Schedules to, the Loan Document in which such references
appear, (v) any reference to any law shall include all statutory and regulatory
provisions consolidating, amending, replacing or interpreting such law and any
reference to any law or regulation shall, unless otherwise specified, refer to
such law or regulation as amended, modified or supplemented from time to time,
and (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.

     

    (b) In the
computation of periods of time from a specified date to a later specified date,
the word “from”
means “from and
including;” the words “to” and “until” each mean
“to but
excluding;” and the word “through” means “to and
including.”

     

    (c) Section
headings herein and in the other Loan Documents are included for convenience of
reference only and shall not affect the interpretation of this Agreement or any
other Loan Document.

     

    1.03 Accounting
Terms.  (a)  Generally.  All
accounting terms not specifically or completely defined herein shall be
construed in conformity with, and all financial data (including financial ratios
and other financial calculations) required to be submitted pursuant to this
Agreement shall be prepared in conformity with, GAAP applied on a consistent
basis, as in effect from time to time, applied in a manner consistent with that
used in preparing the Audited Financial Statements, except as otherwise
specifically prescribed herein.

     

    (b) Changes in
GAAP.  If at any time any change in GAAP would affect the
computation of any financial ratio or requirement set forth in any Loan
Document, and either the Borrower or the Required Lenders shall so request, the
Administrative Agent, the Lenders and the Borrower shall negotiate in good faith
to amend such ratio or requirement to preserve the original intent thereof in
light of such change in GAAP (subject to the approval of the Required Lenders);
provided that, until so
amended, (i) such ratio or requirement shall continue to be computed in
accordance with GAAP prior to such change therein and (ii) the Borrower and the
Parent shall provide to the Administrative Agent and the Lenders financial
statements and other documents required under this Agreement or as reasonably
requested hereunder

     

    
      
         

      

      
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    setting
forth a reconciliation between calculations of such ratio or requirement made
before and after giving effect to such change in GAAP.

     

    (c) Consolidation of Variable
Interest Entities.  All references herein to consolidated
financial statements of the Parent and its Subsidiaries or to the determination
of any amount for the Parent and its Subsidiaries on a consolidated basis or any
similar reference shall, in each case, be deemed to include each variable
interest entity that the Parent is required to consolidate pursuant to FASB
Interpretation No. 46 (revised December 2003) – Consolidation of Variable
Interest Entities: an interpretation of ARB No. 51 (January 2003) as if such
variable interest entity were a Subsidiary as defined herein.

     

    1.04 Rounding.  Any
financial ratios required to be maintained by the Parent pursuant to this
Agreement shall be calculated by dividing the appropriate component by the other
component, carrying the result to one place more than the number of places by
which such ratio is expressed herein and rounding the result up or down to the
nearest number (with a rounding-up if there is no nearest number).

     

    1.05 Exchange Rates; Currency
Equivalents.  (a)  The Administrative Agent shall
determine the Spot Rates as of each Revaluation Date to be used for calculating
Dollar Equivalent amounts of Borrowings and Outstanding Amounts denominated in
Alternative Currencies.  Such Spot Rates shall become effective as of
such Revaluation Date and shall be the Spot Rates employed in converting any
amounts between the applicable currencies until the next Revaluation Date to
occur.  Except for purposes of financial statements delivered by Loan
Parties hereunder and calculating financial covenants hereunder, and, except as
otherwise provided herein, the applicable amount of any currency (other than
Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent
amount as so determined by the Administrative Agent.

     

    (b) Wherever
in this Agreement in connection with a Committed Borrowing, conversion,
continuation or prepayment of a Eurocurrency Rate Loan, an amount, such as a
required minimum or multiple amount, is expressed in Dollars, but such Borrowing
or Eurocurrency Rate Loan is denominated in an Alternative Currency, such amount
shall be the relevant Alternative Currency Equivalent of such Dollar amount
(rounded to the nearest unit of such Alternative Currency, with 0.5 of a unit
being rounded upward), as determined by the Administrative Agent.

     

    1.06 Additional Alternative
Currencies.  (a)  The Borrower may from time to time
request that Eurocurrency Rate Loans be made in a currency other than those
specifically listed in the definition of “Alternative Currency;” provided that such
requested currency is a lawful currency (other than Dollars) that is readily
available and freely transferable and convertible into Dollars.  Any
such request shall be subject to the approval of the Administrative Agent and
the Lenders.

     

    (b) Any such
request shall be made to the Administrative Agent not later than 11:00 a.m.,
twenty (20) Business Days prior to the date of the desired Borrowing (or such
other time or date as may be agreed by the Administrative Agent in its sole
discretion).  In the case of any such request, the Administrative
Agent shall promptly notify each Lender thereof.  Each
Lender

     

    
      
         

      

      
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    shall
notify the Administrative Agent, not later than 11:00 a.m., ten (10) Business
Days after receipt of such request whether it consents, in its sole discretion,
to the making of Eurocurrency Rate Loans in such requested
currency.

     

    (c) Any
failure by a Lender to respond to such request within the time period specified
in the preceding sentence shall be deemed to be a refusal by such Lender to
permit Eurocurrency Rate Loans to be made in such requested
currency.  If the Administrative Agent and all the Lenders consent to
making Eurocurrency Rate Loans in such requested currency, the Administrative
Agent shall so notify the Borrower and such currency shall thereupon be deemed
for all purposes to be an Alternative Currency hereunder for purposes of any
Borrowings of Eurocurrency Rate Loans.  If the Administrative Agent
shall fail to obtain consent to any request for an additional currency under
this Section
1.06, the Administrative Agent shall promptly so notify the
Borrower.

     

    1.07 Change of
Currency.  (a)  Each obligation of the Borrower to
make a payment denominated in the national currency unit of any member state of
the European Union that adopts the Euro as its lawful currency after the date
hereof shall be redenominated into Euro at the time of such adoption (in
accordance with the EMU Legislation).  If, in relation to the currency
of any such member state, the basis of accrual of interest expressed in this
Agreement in respect of that currency shall be inconsistent with any convention
or practice in the London interbank market for the basis of accrual of interest
in respect of the Euro, such expressed basis shall be replaced by such
convention or practice with effect from the date on which such member state
adopts the Euro as its lawful currency; provided that if any
Committed Borrowing in the currency of such member state is outstanding
immediately prior to such date, such replacement shall take effect, with respect
to such Committed Borrowing, at the end of the then current Interest
Period.

     

    (b) Each
provision of this Agreement shall be subject to such reasonable changes of
construction as the Administrative Agent may from time to time specify to be
appropriate to reflect the adoption of the Euro by any member state of the
European Union and any relevant market conventions or practices relating to the
Euro.

     

    (c) Each
provision of this Agreement also shall be subject to such reasonable changes of
construction as the Administrative Agent may from time to time specify to be
appropriate to reflect a change in currency of any other country and any
relevant market conventions or practices relating to the change in
currency.

     

    1.08 Times of
Day.  Unless otherwise specified, all references herein to
times of day shall be references to Eastern time (daylight or standard, as
applicable).

     

    1.09 Letter of Credit
Amounts.  Unless otherwise specified herein, the amount of a
Letter of Credit at any time shall be deemed to be the stated amount of such
Letter of Credit in effect at such time; provided that with
respect to any Letter of Credit that, by its terms or the terms of any Issuer
Document related thereto, provides for one or more automatic increases in the
stated amount thereof, the amount of such Letter of Credit shall be deemed to be
the maximum stated amount of such Letter of Credit after giving effect to all
such increases, whether or not such maximum stated amount is in effect at such
time.

     

    
      
         

      

      
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    ARTICLE
II.

    THE
COMMITMENTS AND BORROWINGS

     

    2.01 Committed
Loans.  Subject to the terms and conditions set forth herein,
each Lender severally agrees to make loans (each such loan, a “Committed Loan”) to
the Borrower in Dollars or in one or more Alternative Currencies from time to
time, on any Business Day during the Availability Period, in an aggregate amount
not to exceed at any time outstanding the amount of such Lender’s Commitment;
provided that
after giving effect to any Committed Borrowing, (i) the Total Outstandings shall
not exceed the Aggregate Commitments and (ii) the aggregate Outstanding Amount
of the Committed Loans of any Lender plus such Lender’s
Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not
exceed such Lender’s Commitment.  Within the limits of each Lender’s
Commitment, and subject to the other terms and conditions hereof, the Borrower
may borrow under this Section 2.01, prepay
under Section
2.04, and reborrow under this Section
2.01.  Committed Loans may be Base Rate Loans or Eurocurrency
Rate Loans, as further provided herein.

     

    2.02 Borrowings,
Conversions and Continuations of Loans.

     

    (a) Each
Committed Borrowing, each conversion of Committed Loans from one Type to the
other, and each continuation of Eurocurrency Rate Loans shall be made upon the
Borrower’s irrevocable notice to the Administrative Agent, which may be given by
telephone.  Each such notice must be received by the Administrative
Agent not later than 11:00 a.m. (i) three Business Days prior to the requested
date of (A) any Borrowing of, conversion to or continuation of Eurocurrency Rate
Loans denominated in Dollars or (B) any conversion of Eurocurrency Rate Loans
denominated in Dollars to Base Rate Loans, (ii) four Business Days (or five
Business Days in the case of a Special Notice Currency) prior to the requested
date of any Borrowing or continuation of Eurocurrency Rate Loans denominated in
Alternative Currencies, and (iii) one Business Day prior to the requested date
of any Committed Borrowing of Base Rate Committed Loans in Dollars. Each telephonic notice
by the Borrower pursuant to this Section 2.02(a) must
be confirmed promptly by delivery to the Administrative Agent of a written
Committed Loan Notice, appropriately completed and signed by a Responsible
Officer of the Borrower.  Each Borrowing of, conversion to or
continuation of Eurocurrency Rate Loans or Base Rate Loans shall be in a
principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess
thereof.  Each Committed Loan Notice (whether telephonic or written)
shall specify (i) whether the Borrower is requesting a Committed Borrowing, a
conversion of Committed Loans from one Type to the other, or a continuation of
Eurocurrency Rate Loans, (ii) the requested date of the Borrowing, conversion or
continuation, as the case may be (which shall be a Business Day), (iii) the
principal amount of Committed Loans to be borrowed, converted or continued, (iv)
the Type of Committed Loans to be borrowed or to which existing Committed Loans
are to be converted, (v) if applicable, the duration of the Interest Period with
respect thereto, and (vi) the currency of the Committed Loans to be
borrowed.  If the Borrower fails to specify a currency in a Committed
Loan Notice requesting a Borrowing, then the Committed Loans so requested shall
be made in Dollars.  If the Borrower fails to specify a Type of
Committed Loan in a Committed Loan Notice or if the Borrower fails to give a
timely notice requesting a conversion or continuation, then (A) the applicable
Committed Loans denominated in an Alternative Currency shall be made or
continued, as applicable, as Eurocurrency Rate Loans with an Interest Period of
one month, and (B) the applicable Committed Loans

     

    
      
         

      

      
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    denominated
in Dollars shall be made as, or converted to, Base Rate Loans.  Any
automatic conversion to Base Rate Loans or continuation as Eurocurrency Rate
Loans shall be effective as of the last day of the Interest Period then in
effect with respect to the applicable Eurocurrency Rate Loans.  If the
Borrower requests a Borrowing of, conversion to, or continuation of Eurocurrency
Rate Loans in any such Committed Loan Notice, but fails to specify an Interest
Period, it will be deemed to have specified an Interest Period of one
month.  No Committed Loan may be converted into or continued as a
Committed Loan denominated in a different currency, but instead must be prepaid
in the original currency of such Committed Loan and reborrowed in the other
currency.

     

    (b) Following
receipt of a Committed Loan Notice, the Administrative Agent shall promptly
notify each Lender of the amount (and currency) of its Applicable Percentage of
the applicable Committed Loans, and if no timely notice of a conversion or
continuation is provided by the Borrower, the Administrative Agent shall notify
each Lender of the details of any automatic conversion to Base Rate Loans (in
the case of Committed Loans denominated in Dollars) or continuation as
Eurocurrency Rate Loans with an Interest Period of one month (in the case of
Committed Loans denominated in a currency other than Dollars), in each case as
described in the preceding subsection.  In the case of a Committed
Borrowing, each Lender shall make the amount of its Committed Loan available to
the Administrative Agent in Same Day Funds at the Administrative Agent’s Office
for the applicable currency not later than 1:00 p.m., in the case of any
Committed Loan denominated in Dollars, and not later than the Applicable Time
specified by the Administrative Agent in the case of any Committed Loan in an
Alternative Currency, in each case on the Business Day specified in the
applicable Committed Loan Notice.  Upon satisfaction of the applicable
conditions set forth in Section 4.02 (and, if
such Borrowing is the initial Credit Extension, Section 4.01), the
Administrative Agent shall make all funds so received available to the Borrower
in like funds as received by the Administrative Agent either by (i) crediting
the account of the Borrower on the books of Bank of America with the amount of
such funds or (ii) wire transfer of such funds, in each case in accordance with
instructions provided to (and reasonably acceptable to) the Administrative Agent
by the Borrower; provided that if, on
the date the Committed Loan Notice with respect to such Committed Borrowing
denominated in Dollars is given by the Borrower, there are L/C Borrowings
outstanding, then the proceeds of such Committed Borrowing, first, shall be
applied to the payment in full of any such L/C Borrowings, and, second, shall be
made available to the Borrower as provided above.

     

    (c) Except as
otherwise provided herein, a Eurocurrency Rate Loan may be continued or
converted only on the last day of an Interest Period for such Eurocurrency Rate
Loan.  During the existence of a Default, no Loans may be requested
as, converted to or continued as Eurocurrency Rate Loans (whether in Dollars or
any Alternative Currency) without the consent of the Required Lenders, and the
Required Lenders may demand that any or all of the then outstanding Eurocurrency
Rate Loans, other than Eurocurrency Rate Loans denominated in Dollars (which
shall be automatically converted to Base Rate Loans at the conclusion of the
then-applicable Interest Period), be prepaid or redenominated into Dollars in
the amount of the Dollar Equivalent thereof and converted to Base Rate Loans, on
the last day of the then current Interest Period with respect
thereto.

     

    
      
         

      

      
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    (d) The
Administrative Agent shall promptly notify the Borrower and the Lenders of the
interest rate applicable to any Interest Period for Eurocurrency Rate Loans upon
determination of such interest rate.  At any time that Base Rate Loans
are outstanding, the Administrative Agent shall notify the Borrower and the
Lenders of any change in Bank of America’s prime rate used in determining the
Base Rate promptly following the public announcement of such
change.

     

    (e) After
giving effect to all Committed Borrowings, all conversions of Committed Loans
from one Type to the other, and all continuations of Committed Loans as the same
Type, there shall not be more than five Interest Periods in effect with respect
to Committed Loans.

     

    (f) Notwithstanding
anything in this Section 2.02 to the
contrary, in the event the Borrower desires to obtain a Committed Borrowing of
Eurocurrency Rate Loans on the Closing Date, the Borrower shall have delivered
to the Administrative Agent for the benefit of the Lenders at least three
Business Days prior to the Closing Date (or four Business Days in the event any
portion of such initial Committed Borrowing to be made on the Closing Date is to
be Loans denominated in an Alternative Currency) a funding indemnity letter in
form and substance reasonably satisfactory to the Administrative Agent
addressing matters substantially the same as those set forth in Section
3.05.

     

    2.03 Letters
of Credit.

     

    (a) The
Letter of Credit Commitment.

     

    (i) Subject
to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in
reliance upon the agreements of the Lenders set forth in this Section
2.03,   (1) from time to time on any Business Day during
the period from the Closing Date until the date that is five Business Days prior
to the Maturity Date (or, if such date is not a Business Day, the next preceding
Business Day), to issue Letters of Credit denominated in Dollars for the account
of the Borrower or its Subsidiaries, and to amend or extend Letters of Credit
previously issued by it, in accordance with subsection (b) below, and (2) to
honor drawings under the Letters of Credit; and (B) the Lenders severally agree
to participate in Letters of Credit issued for the account of the Borrower or
its Subsidiaries and any drawings thereunder; provided that after
giving effect to any L/C Credit Extension with respect to any Letter of Credit,
(x) the Total Outstandings shall not exceed the Aggregate Commitments, (y) the
aggregate Outstanding Amount of the Committed Loans of any Lender plus such Lender’s
Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not
exceed such Lender’s Commitment, and (z) the Outstanding Amount of the L/C
Obligations shall not exceed the Letter of Credit Sublimit.  Each
request by the Borrower for the issuance or amendment of a Letter of Credit
shall be deemed to be a representation by the Borrower that the L/C Credit
Extension so requested complies with the conditions set forth in the proviso to
the preceding sentence.  Within the foregoing limits, and subject to
the terms and conditions hereof, the Borrower’s ability to obtain Letters of
Credit shall be fully revolving, and accordingly the Borrower may, during the
foregoing period, obtain Letters of Credit to replace Letters of Credit that
have expired or that have been drawn upon and reimbursed.

     

    
      
         

      

      
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    (ii) The L/C
Issuer shall not issue any Letter of Credit, if:

     

    (A) subject
to Section
2.03(b)(iii), the expiry date of the requested Letter of Credit would
occur more than twelve months  after the date of issuance or last
extension, unless all Lenders have approved such expiry date; or

     

    (B) the
expiry date of the requested Letter of Credit would occur after the Letter of
Credit Expiration Date, unless all the Lenders have approved such expiry date,
provided that
any Letter of Credit that is or at any time becomes an Extended Letter of Credit
shall be Cash Collateralized in accordance with Section
6.09.

     

    (iii) The L/C
Issuer shall not be under any obligation to issue any Letter of Credit
if:

     

    (A) any
order, judgment or decree of any Governmental Authority or arbitrator shall by
its terms purport to enjoin or restrain the L/C Issuer from issuing such Letter
of Credit, or any Law applicable to the L/C Issuer or any request or directive
(whether or not having the force of law) from any Governmental Authority with
jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer
refrain from, the issuance of letters of credit generally or such Letter of
Credit in particular or shall impose upon the L/C Issuer with respect to the
Letter of Credit any restriction, reserve or capital requirement (for which the
L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing
Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense
that was not applicable on the Closing Date and that the L/C Issuer in good
faith deems material to it;

     

    (B) the
issuance of the Letter of Credit would violate one or more policies of the L/C
Issuer applicable to letters of credit generally;

     

    (C) except as
otherwise agreed by the Administrative Agent and the L/C Issuer, the Letter of
Credit is in an initial stated amount less than $100,000;

     

    (D) the
Letter of Credit is to be denominated in a currency other than
Dollars;

     

    (E) any
Lender is at that time a Defaulting Lender, unless the L/C Issuer has entered
into arrangements reasonably satisfactory to the L/C Issuer, including the
delivery of Cash Collateral satisfactory to the L/C Issuer, with the Borrower or
such Lender to eliminate the L/C Issuer’s actual or potential Fronting Exposure
(after giving effect to Section 2.16(a)(iv))
with respect to the Defaulting Lender arising from either the Letter of Credit
then proposed to be issued or that Letter of Credit and all other L/C
Obligations as to which the L/C Issuer has actual or potential Fronting
Exposure, as it may elect in its sole discretion; or

     

    (F) the
Letter of Credit contains any provisions for automatic reinstatement of the
stated amount after any drawing thereunder.

     

    
      
         

      

      
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    (iv) The L/C
Issuer shall not amend any Letter of Credit if the L/C Issuer would not be
permitted at such time to issue the Letter of Credit in its amended form under
the terms hereof.

     

    (v) The L/C
Issuer shall be under no obligation to amend any Letter of Credit if (A) the L/C
Issuer would have no obligation at such time to issue the Letter of Credit in
its amended form under the terms hereof, or (B) the beneficiary of the Letter of
Credit does not accept the proposed amendment to the Letter of
Credit.

     

    (vi) The L/C
Issuer shall act on behalf of the Lenders with respect to any Letters of Credit
issued by it and the documents associated therewith, and the L/C Issuer shall
have all of the benefits and immunities (A) provided to the Administrative Agent
in Article IX
with respect to any acts taken or omissions suffered by the L/C Issuer in
connection with Letters of Credit issued by it or proposed to be issued by it
and Issuer Documents pertaining to such Letters of Credit as fully as if the
term “Administrative Agent” as used in Article IX included
the L/C Issuer with respect to such acts or omissions, and (B) as additionally
provided herein with respect to the L/C Issuer.

     

    (b) Procedures
for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of
Credit.

     

    (i) Each
Letter of Credit shall be issued or amended, as the case may be, upon the
request of the Borrower delivered to the L/C Issuer (with a copy to the
Administrative Agent) in the form of a Letter of Credit Application,
appropriately completed and signed by a Responsible Officer of the
Borrower.  Such Letter of Credit Application must be received by the
L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least two
Business Days (or such later date and time as the Administrative Agent and the
L/C Issuer may agree in a particular instance in their sole discretion) prior to
the proposed issuance date or date of amendment, as the case may
be.  In the case of a request for an initial issuance of a Letter of
Credit, such Letter of Credit Application shall specify in form and detail
satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested
Letter of Credit (which shall be a Business Day); (B) the amount thereof; (C)
the expiry date thereof; (D) the name and address of the beneficiary thereof;
(E) the documents to be presented by such beneficiary in case of any drawing
thereunder; (F) the full text of any certificate to be presented by such
beneficiary in case of any drawing thereunder; (G) the purpose and nature of the
requested Letter of Credit; (H) the Person (Borrower or Subsidiary) for whom
such Letter of Credit is to be issued; and (I) such other matters as the L/C
Issuer may reasonably require.  In the case of a request for an
amendment of any outstanding Letter of Credit, such Letter of Credit Application
shall specify in form and detail satisfactory to the L/C Issuer (A) the Letter
of Credit to be amended; (B) the proposed date of amendment thereof (which shall
be a Business Day); (C) the nature of the proposed amendment; and (D) such other
matters as the L/C Issuer may reasonably require.  Additionally, the
Borrower shall furnish to the L/C Issuer and the Administrative Agent such other
documents and information pertaining to such requested Letter of Credit issuance
or amendment, including any Issuer Documents, as the L/C Issuer or the
Administrative Agent may reasonably require.

     

    
      
         

      

      
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    (ii) Promptly
after receipt of any Letter of Credit Application, the L/C Issuer will confirm
with the Administrative Agent (by telephone or in writing) that the
Administrative Agent has received a copy of such Letter of Credit Application
from the Borrower and, if not, the L/C Issuer will provide the Administrative
Agent with a copy thereof.  Unless the L/C Issuer has received written
notice from any Lender, the Administrative Agent or any Loan Party, at least one
Business Day prior to the requested date of issuance or amendment of the
applicable Letter of Credit, that one or more applicable conditions contained in
Article IV
shall not be satisfied on such date, then, subject to the terms and conditions
hereof, the L/C Issuer shall, on the requested date, issue a Letter of Credit
for the account of the Borrower (or the applicable Subsidiary) or enter into the
applicable amendment, as the case may be, in each case in accordance with the
L/C Issuer’s usual and customary business practices.  Immediately upon
the issuance of each Letter of Credit, each Lender shall be deemed to, and
hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer a
risk participation in such Letter of Credit in an amount equal to the product of
such Lender’s Applicable Percentage times the amount of
such Letter of Credit.

     

    (iii) If the
Borrower so requests in any applicable Letter of Credit Application, the L/C
Issuer may, in its sole discretion, agree to issue a Letter of Credit that has
automatic extension provisions (each, an “Auto-Extension Letter of
Credit”); provided that (A) any
such Auto-Extension Letter of Credit must permit the L/C Issuer to prevent any
such extension at least once in each twelve-month period (commencing with the
date of issuance of such Letter of Credit) by giving prior written notice to the
beneficiary thereof not later than a specific day (the “Non-Extension Notice
Date”) in each such twelve-month period to be agreed upon at the time
such Letter of Credit is issued and (B) no Auto-Extension Letter of Credit shall
permit the extension thereof to occur on any date that is after the Maturity
Date.  Unless otherwise directed by the L/C Issuer, the Borrower shall
not be required to make a specific request to the L/C Issuer for any such
extension.  Once an Auto-Extension Letter of Credit has been issued,
the Lenders shall be deemed to have authorized (but may not require) the L/C
Issuer to permit the extension of such Letter of Credit at any time to an expiry
date not later than the Letter of Credit Expiration Date; provided that if any
such extension results in any such Letter of Credit being or becoming an
Extended Letter of Credit, the Borrower shall provide Cash Collateral therefor
in accordance with Section 6.09; provided further that the L/C
Issuer shall not permit any such extension if (A) the L/C Issuer has determined
that it would not be permitted, or would have no obligation, at such time to
issue such Letter of Credit in its revised form (as extended) under the terms
hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or
otherwise), or (B) it has received notice (which may be by telephone or in
writing) on or before the day that is seven Business Days before the
Non-Extension Notice Date (1) from the Administrative Agent that the Required
Lenders have elected not to permit such extension or (2) from the Administrative
Agent, any Lender or the Borrower that one or more of the applicable conditions
specified in Section
4.02 is not then satisfied, and in each such case directing the L/C
Issuer not to permit such extension.

     

    (iv) Promptly
after its delivery of any Letter of Credit or any amendment to a Letter of
Credit to the beneficiary thereof or an advising bank with respect thereto,
the

     

    
      
         

      

      
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    L/C
Issuer will also deliver to the Borrower and the Administrative Agent a true and
complete copy of such Letter of Credit or amendment.

     

    (c) Drawings and Reimbursements;
Funding of Participations.

     

    (i) Upon
receipt from the beneficiary of any Letter of Credit of any notice of a drawing
under such Letter of Credit, the L/C Issuer shall notify the Borrower and the
Administrative Agent thereof.  Not later than two hours after the L/C
Issuer has provided notice to the Borrower of any payment by the L/C Issuer
under a Letter of Credit (or, if such notice has been provided to the Borrower
later than 1:00 p.m. on any date, not later than 10:00 a.m. on the next
succeeding Business Day) (each such date, a “Reimbursement Date”),
the Borrower shall reimburse the L/C Issuer through the Administrative Agent in
an amount equal to the amount of such drawing.  If the Borrower fails
to so reimburse the L/C Issuer by such time, the Administrative Agent shall
promptly notify each Lender of the Reimbursement Date, the amount of the
unreimbursed drawing (the “Unreimbursed
Amount”), and the amount of such Lender’s Applicable Percentage
thereof.  In such event, the Borrower shall be deemed to have
requested a Committed Borrowing of Base Rate Loans to be disbursed on the
applicable Reimbursement Date in an amount equal to the Unreimbursed Amount,
without regard to the minimum and multiples specified in Section 2.02 for the
principal amount of Base Rate Loans, but subject to the amount of the unutilized
portion of the Aggregate Commitments and the conditions set forth in Section 4.02 (other
than the delivery of a Committed Loan Notice).  Any notice given by
the L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i)
may be given by telephone if immediately confirmed in writing; provided that the
lack of such an immediate confirmation shall not affect the conclusiveness or
binding effect of such notice.

     

    (ii) Each
Lender shall, upon receipt of any notice pursuant to Section 2.03(c)(i),
make funds available (and the Administrative Agent may apply Cash Collateral
provided for this purpose) for the account of the L/C Issuer at the
Administrative Agent’s Office in an amount equal to its Applicable Percentage of
the Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified
in such notice by the Administrative Agent, whereupon, subject to the provisions
of Section
2.03(c)(iii), each Lender that so makes funds available shall be deemed
to have made a Base Rate Committed Loan to the Borrower in such
amount.  The Administrative Agent shall remit the funds so received to
the L/C Issuer.

     

    (iii) With
respect to any Unreimbursed Amount that is not fully refinanced by a Committed
Borrowing of Base Rate Loans because the conditions set forth in Section 4.02 have not
been satisfied or for any other reason (including the prior occurrence of the
Maturity Date or any other prior termination of the Commitments of the Lenders
to make Committed Loans), the Borrower shall be deemed to have incurred from the
L/C Issuer an L/C Borrowing in the amount of the Unreimbursed Amount that is not
so refinanced, which L/C Borrowing shall be due and payable on demand (together
with interest thereon) and shall bear interest at the Default
Rate.  In such event, each Lender’s payment to the Administrative
Agent for the account of the L/C Issuer pursuant to Section 2.03(c)(ii)
shall be deemed payment in respect of its participation in such L/C

     

    
      
         

      

      
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    Borrowing
and shall constitute an L/C Advance from such Lender in satisfaction of its
participation obligation under this Section
2.03.

     

    (iv) Until
each Lender funds its Committed Loan or L/C Advance pursuant to this Section 2.03(c) to
reimburse the L/C Issuer for any amount drawn under any Letter of Credit,
interest in respect of such Lender’s Applicable Percentage of such amount shall
be solely for the account of the L/C Issuer.

     

    (v) Each
Lender’s obligation to make Committed Loans or L/C Advances to reimburse the L/C
Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(c),
shall be absolute and unconditional and shall not be affected by any
circumstance, including (A) any setoff, counterclaim, recoupment, defense or
other right which such Lender may have against the L/C Issuer, the Borrower, any
Subsidiary or any other Person for any reason whatsoever; (B) the occurrence or
continuance of a Default, or (C) any other occurrence, event or condition,
whether or not similar to any of the foregoing; provided that each
Lender’s obligation to make Committed Loans pursuant to this Section 2.03(c) is
subject to the conditions set forth in Section 4.02 (other
than delivery by the Borrower of a Committed Loan Notice).  No such
making of an L/C Advance shall relieve or otherwise impair the obligation of the
Borrower to reimburse the L/C Issuer for the amount of any payment made by the
L/C Issuer under any Letter of Credit, together with interest as provided
herein.

     

    (vi) If any
Lender fails to make available to the Administrative Agent for the account of
the L/C Issuer any amount required to be paid by such Lender pursuant to the
foregoing provisions of this Section 2.03(c) by
the time specified in Section 2.03(c)(ii),
then, without limiting the other provisions of this Agreement, the L/C Issuer
shall be entitled to recover from such Lender (acting through the Administrative
Agent), on demand, such amount with interest thereon for the period from the
date such payment is required to the date on which such payment is immediately
available to the L/C Issuer at a rate per annum equal to the applicable
Overnight Rate from time to time in effect, plus any administrative, processing
or similar fees customarily charged by the L/C Issuer in connection with the
foregoing.  If such Lender pays such amount (with interest and fees as
aforesaid), the amount so paid shall constitute such Lender’s Committed Loan
included in the relevant Committed Borrowing or L/C Advance in respect of the
relevant L/C Borrowing, as the case may be.  A certificate of the L/C
Issuer submitted to any Lender (through the Administrative Agent) with respect
to any amounts owing under this clause (vi) shall be conclusive absent manifest
error.

     

    (d) Repayment of
Participations.

     

    (i) At any
time after the L/C Issuer has made a payment under any Letter of Credit and has
received from any Lender such Lender’s L/C Advance in respect of such payment in
accordance with Section 2.03(c), if
the Administrative Agent receives for the account of the L/C Issuer any payment
in respect of the related Unreimbursed Amount or interest thereon (whether
directly from the Borrower or otherwise, including proceeds of Cash Collateral
applied thereto by the Administrative Agent), the Administrative
Agent

     

    
      
         

      

      
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    will
distribute to such Lender its Applicable Percentage thereof in the same funds as
those received by the Administrative Agent.

     

    (ii) If any
payment received by the Administrative Agent for the account of the L/C Issuer
pursuant to Section
2.03(c)(i) is required to be returned under any of the circumstances
described in Section
10.05 (including pursuant to any settlement entered into by the L/C
Issuer in its discretion), each Lender shall pay to the Administrative Agent for
the account of the L/C Issuer its Applicable Percentage thereof on demand of the
Administrative Agent, plus interest thereon from the date of such demand to the
date such amount is returned by such Lender, at a rate per annum equal to the
applicable Overnight Rate from time to time in effect.  The
obligations of the Lenders under this clause shall survive the payment in full
of the Obligations and the termination of this Agreement.

     

    (e) Obligations
Absolute.  The obligation of the Borrower to reimburse the L/C
Issuer for each drawing under each Letter of Credit and to repay each L/C
Borrowing shall be absolute, unconditional and irrevocable, and shall be paid
strictly in accordance with the terms of this Agreement under all circumstances,
including the following:

     

    (i) any lack
of validity or enforceability of such Letter of Credit, this Agreement, or any
other Loan Document;

     

    (ii) the
existence of any claim, counterclaim, setoff, defense or other right that the
Borrower or any Subsidiary may have at any time against any beneficiary or any
transferee of such Letter of Credit (or any Person for whom any such beneficiary
or any such transferee may be acting), the L/C Issuer or any other Person,
whether in connection with this Agreement, the transactions contemplated hereby
or by such Letter of Credit or any agreement or instrument relating thereto, or
any unrelated transaction;

     

    (iii) any
draft, demand, certificate or other document presented under such Letter of
Credit proving to be forged, fraudulent, invalid or insufficient in any respect
or any statement therein being untrue or inaccurate in any respect; or any loss
or delay in the transmission or otherwise of any document required in order to
make a drawing under such Letter of Credit;

     

    (iv) any
payment by the L/C Issuer under such Letter of Credit against presentation of a
draft or certificate that does not strictly comply with the terms of such Letter
of Credit; or any payment made by the L/C Issuer under such Letter of Credit to
any Person purporting to be a trustee in bankruptcy, debtor-in-possession,
assignee for the benefit of creditors, liquidator, receiver or other
representative of or successor to any beneficiary or any transferee of such
Letter of Credit, including any arising in connection with any proceeding under
any Debtor Relief Law; or

     

    (v) any other
circumstance or happening whatsoever, whether or not similar to any of the
foregoing, including any other circumstance that might otherwise constitute a
defense available to, or a discharge of, the Borrower or any
Subsidiary.

     

    
      
         

      

      
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    The
Borrower shall promptly examine a copy of each Letter of Credit and each
amendment thereto that is delivered to it and, in the event of any claim of
noncompliance with the Borrower’s instructions or other irregularity, the
Borrower will promptly, but no later than two Business Days following receipt of
such copy, notify the L/C Issuer.  The Borrower shall be conclusively
deemed to have waived any such claim against the L/C Issuer and its
correspondents unless such notice is given as aforesaid.

     

    (f) Role of L/C
Issuer.  Each Lender and the Borrower agree that, in paying any
drawing under a Letter of Credit, the L/C Issuer shall not have any
responsibility to obtain any document (other than any sight draft, certificates
and documents expressly required by the Letter of Credit) or to ascertain or
inquire as to the validity or accuracy of any such document or the authority of
the Person executing or delivering any such document.  None of the L/C
Issuer, the Administrative Agent, any of their respective Related Parties nor
any correspondent, participant or assignee of the L/C Issuer shall be liable to
any Lender for (i) any action taken or omitted in connection herewith at the
request or with the approval of the Lenders or the Required Lenders, as
applicable; (ii) any action taken or omitted in the absence of gross negligence
or willful misconduct; or (iii) the due execution, effectiveness, validity or
enforceability of any document or instrument related to any Letter of Credit or
Issuer Document.  The Borrower hereby assumes all risks of the acts or
omissions of any beneficiary or transferee with respect to its use of any Letter
of Credit; provided that this
assumption is not intended to, and shall not, preclude the Borrower’s pursuing
such rights and remedies as it may have against the beneficiary or transferee at
law or under any other agreement.  None of the L/C Issuer, the
Administrative Agent, any of their respective Related Parties nor any
correspondent, participant or assignee of the L/C Issuer shall be liable or
responsible for any of the matters described in clauses (i) through (v) of Section 2.03(e);
provided that
anything in such clauses to the contrary notwithstanding, the Borrower may have
a claim against the L/C Issuer, and the L/C Issuer may be liable to the
Borrower, to the extent, but only to the extent, of any direct, as opposed to
consequential or exemplary, damages suffered by the Borrower that the Borrower
proves were caused by the L/C Issuer’s willful misconduct or gross negligence or
the L/C Issuer’s willful failure to pay under any Letter of Credit after the
presentation to it by the beneficiary of a sight draft and certificate(s)
strictly complying with the terms and conditions of a Letter of
Credit.  In furtherance and not in limitation of the foregoing, the
L/C Issuer may accept documents that appear on their face to be in order,
without responsibility for further investigation, regardless of any notice or
information to the contrary, and the L/C Issuer shall not be responsible for the
validity or sufficiency of any instrument transferring or assigning or
purporting to transfer or assign a Letter of Credit or the rights or benefits
thereunder or proceeds thereof, in whole or in part, which may prove to be
invalid or ineffective for any reason.

     

    (g) Applicability of
ISP.  Unless otherwise expressly agreed by the L/C Issuer and
the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply
to each Letter of Credit.

     

    (h) Letter of Credit
Fees.  The Borrower shall pay to the Administrative Agent for
the account of each Lender in accordance with its Applicable Percentage a Letter
of Credit fee (the “Letter of Credit
Fee”) for each outstanding Letter of Credit equal to the Applicable Rate
times the daily amount available to be drawn under such Letter of Credit; provided that any
Letter of Credit Fees otherwise payable for the account of a Defaulting Lender
with respect to any Letter

     

    
      
         

      

      
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    of Credit
as to which such Defaulting Lender has not provided Cash Collateral satisfactory
to the L/C Issuer pursuant to this Section 2.03 or Section 2.15(a) shall
be payable, to the maximum extent permitted by applicable Law, to the other
Lenders in accordance with the upward adjustments in their respective Applicable
Percentages allocable to such Letter of Credit pursuant to Section 2.16(a)(iv),
with the balance of such fee, if any, payable to the L/C Issuer for its own
account.  For purposes of computing the daily amount available to be
drawn under any Letter of Credit, the amount of such Letter of Credit shall be
determined in accordance with Section
1.09.  Letter of Credit Fees shall be (i) due and payable on
the first Business Day after the end of each March, June, September and
December, commencing with the first such date to occur after the issuance of
such Letter of Credit, on the Maturity Date, on the date of expiry of any
Extended Letter of Credit occurring after the Maturity Date, and thereafter on
demand, and (ii) computed on a quarterly basis in arrears.  For the
avoidance of doubt, Letter of Credit Fees shall accrue, and be due and payable,
on any Extended Letter of Credit notwithstanding its expiry being after the
Maturity Date (and the Applicable Rate shall continue to be computed for such
purpose during such period).  If there is any change in the Applicable
Rate during any quarter, the daily amount available to be drawn under each
Letter of Credit shall be computed and multiplied by the Applicable Rate
separately for each period during such quarter that such Applicable Rate was in
effect.   Notwithstanding anything to the contrary contained
herein, upon the request of the Required Lenders, while any Event of Default
exists, all Letter of Credit Fees shall accrue at the Default Rate.

     

    (i) Fronting Fee and Documentary
and Processing Charges Payable to L/C Issuer.  The Borrower
shall pay directly to the L/C Issuer for its own account a fronting fee with
respect to each Letter of Credit, at the rate per annum specified in the Fee
Letter, computed on the daily amount available to be drawn under such Letter of
Credit on a quarterly basis in arrears.  Such fronting fee shall be
due and payable on the tenth Business Day after the end of each March, June,
September and December in respect of the most recently-ended quarterly period
(or portion thereof, in the case of the first payment), commencing with the
first such date to occur after the issuance of such Letter of Credit, on the
Maturity Date, on the date of expiry of any Extended Letter of Credit occurring
after the Maturity Date, and thereafter on demand.  For the avoidance
of doubt, the fronting fee shall accrue, and be due and payable, on any Extended
Letter of Credit notwithstanding its expiry being after the Maturity
Date.  For purposes of computing the daily amount available to be
drawn under any Letter of Credit, the amount of such Letter of Credit shall be
determined in accordance with Section
1.09.  In addition, the Borrower shall pay directly to the L/C
Issuer for its own account the customary issuance, presentation, amendment and
other processing fees, and other standard costs and charges, of the L/C Issuer
relating to letters of credit as from time to time in effect.  Such
customary fees and standard costs and charges are due and payable on demand and
are nonrefundable.

     

    (j) Conflict with Issuer
Documents.  In the event of any conflict between the terms
hereof and the terms of any Issuer Document, the terms hereof shall
control.

     

    (k) Letters of Credit Issued for
Subsidiaries.  Notwithstanding that a Letter of Credit issued
or outstanding hereunder is in support of any obligations of, or is for the
account of, a Subsidiary, the Borrower shall be obligated to reimburse the L/C
Issuer hereunder for any and all drawings under such Letter of
Credit.  The Borrower hereby acknowledges that the issuance of Letters
of Credit for the account of Subsidiaries inures to the benefit of the Borrower,
and

     

    
      
         

      

      
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    that the
Borrower’s business derives substantial benefits from the businesses of such
Subsidiaries.

     

    (l) Extended Letters of
Credit.  If on the Maturity Date there exists any outstanding
Letter of Credit, then notwithstanding anything to the contrary herein, and
notwithstanding the occurrence of the Maturity Date or the termination of the
Commitments of the Lenders to make Committed Loans hereunder for any other
reason, the Administrative Agent, the L/C Issuer, the Borrower and the Lenders
agree that:

     

    (i) the
obligation of the L/C Issuer contained herein with respect to honoring draws
under such Letters of Credit shall continue with respect to each such Letter of
Credit (in accordance with its terms) until the expiry of such Letter of
Credit;

     

    (ii) the
obligations of the Borrower contained herein to reimburse the Administrative
Agent, the L/C Issuer or the Lenders, or any of them, with respect to any
drawings or any other L/C Obligations with respect to such Letters of Credit
shall continue with respect to each such Letter of Credit (in accordance with
its terms) until the expiry of all Letters of Credit and the payment of all L/C
Obligations;

     

    (iii) if it has
not done so already, the Borrower shall provide Cash Collateral with respect to
such Letters of Credit in accordance with Section
6.09;

     

    (iv) the
obligations of the Lenders contained herein to make available their respective
Applicable Percentages of any Unreimbursed Amount, or to otherwise purchase
participations in or reimburse the L/C Issuer for any Unreimbursed Amounts,
shall continue with respect to each such Letter of Credit until the expiry of
such Letter of Credit and the payment of all L/C Obligations in connection
therewith (it being understood that Cash Collateral provided with respect to
such Letter of Credit, whether pursuant to this Section 2.03, Section 2.15, Section 6.09 or
otherwise, shall be first utilized to reimburse any Unreimbursed Amounts);
and

     

    (v) all
provisions contained herein as are related to any such Letter of Credit and any
L/C Obligations (including provisions related to Cash Collateral and Defaulting
Lenders, the occurrence of any Default, and the availability of all remedies and
rights of the Administrative Agent, the L/C Issuer and/or the Lenders with
respect thereto) shall continue in full force and effect until the expiry of all
Letters of Credit and the repayment in full of all Obligations, without regard
to the occurrence of the Maturity Date.

     

    Notwithstanding
the foregoing provisions of this Section 2.03(l), the
L/C Issuer shall not, and shall have no obligation to, issue, amend, renew or
extend any Letter of Credit after the day that is five Business Days prior to
the Maturity Date (or, if such date is not a Business Day, the next preceding
Business Day), and no Letter of Credit may have an expiry date that is later
than the Letter of Credit Expiration Date.

     

    2.04 Prepayments.

     

    (a) Optional
Prepayments.  Subject to the last sentence of this Section 2.04(a), the
Borrower may, upon notice to the Administrative Agent, at any time or from time
to time

     

    
      
         

      

      
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    voluntarily
prepay Loans in whole or in part without premium or penalty; provided that (i)
such notice must be received by the Administrative Agent not later than 11:00
a.m. (A) three Business Days prior to any date of prepayment of Eurocurrency
Rate Loans denominated in Dollars, (B) four Business Days (or five Business
Days, in the case of prepayment of Loans denominated in Special Notice
Currencies) prior to any date of prepayment of Eurocurrency Rate Loans
denominated in Alternative Currencies, and (C) one Business Day prior to the
date of prepayment of Base Rate Loans; and (ii) any prepayment of Loans shall be
in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess
thereof or, in each case, if less, the entire principal amount thereof then
outstanding.  Each such notice shall specify the date and amount of
such prepayment and the Type(s) of Loans to be prepaid and, if Eurocurrency Rate
Loans are to be prepaid, the Interest Period(s) of such Loans.  The
Administrative Agent will promptly notify each applicable Lender of its receipt
of each such notice, and of the amount of such Lender’s ratable portion of such
prepayment (based on such Lender’s Applicable Percentage).  If such
notice is given by the Borrower, the Borrower shall make such prepayment and the
payment amount specified in such notice shall be due and payable on the date
specified therein.  Any prepayment of a Eurocurrency Rate Loan shall
be accompanied by all accrued interest on the amount prepaid, together with any
additional amounts required pursuant to Section
3.05.  Each such prepayment shall be paid to the Lenders in
accordance with their respective Applicable Percentages.

     

    (b) Mandatory
Prepayments.  If the Administrative Agent notifies the Borrower
at any time that the Total Outstandings at such time exceed an amount equal to
105% of the Aggregate Commitments then in effect, then, within two Business Days
after receipt of such notice, the Borrower shall prepay Committed Loans and/or
Cash Collateralize the L/C Obligations in an aggregate amount sufficient to
reduce such Total Outstandings as of such date of payment to an amount not to
exceed 100% of the Aggregate Commitments then in effect; provided that the
Borrower shall not be required to Cash Collateralize the L/C Obligations
pursuant to this Section 2.04(b)
unless after the prepayment in full of the Loans the Total Outstandings exceed
100% of the Aggregate Commitments then in effect.  The Administrative
Agent may, at any time and from time to time after the initial deposit of such
Cash Collateral, (i) request that additional Cash Collateral be provided in
order to protect against the results of further exchange rate fluctuations and
(ii) release all or a portion of such Cash Collateral so long as after giving
effect to such release the Total Outstandings shall not exceed 100% of the
Aggregate Commitments then in effect.

     

    2.05 Termination or Reduction of
Commitments.  The Borrower may, at its option and upon notice
to the Administrative Agent, terminate the Aggregate Commitments, or from time
to time permanently reduce in part the Aggregate Commitments; provided that (i) any
such notice shall be received by the Administrative Agent not later than 11:00
a.m. five Business Days prior to the date of termination or reduction, (ii) any
such partial reduction shall be in an aggregate amount of $10,000,000 or any
whole multiple of $1,000,000 in excess thereof, (iii) the Borrower shall not
terminate or reduce the Aggregate Commitments if, after giving effect thereto
and to any concurrent prepayments hereunder, the Total Outstandings would exceed
the Aggregate Commitments, and (iv) if, after giving effect to any reduction of
the Aggregate Commitments, the Letter of Credit Sublimit exceeds the amount of
the Aggregate Commitments, such Letter of Credit Sublimit shall be automatically
reduced by the amount of such excess.  The Administrative Agent will
promptly notify the Lenders of any such notice of termination or

     

    
      
         

      

      
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    reduction
of the Aggregate Commitments.  Any reduction of the Aggregate
Commitments shall be applied to the Commitments of the Lenders according to
their Applicable Percentages.  All fees accrued until the effective
date of any termination of the Aggregate Commitments shall be paid on the
effective date of such termination, notwithstanding any later payment date
provided for herein.

     

    2.06 Repayment of
Loans.  The Borrower shall repay to the Lenders on the Maturity
Date the aggregate principal amount of all Committed Loans outstanding on such
date.

     

    2.07 Interest.  (a)  Subject
to the provisions of subsection (b) below, (i) each Eurocurrency Rate Loan shall
bear interest on the outstanding principal amount thereof for each Interest
Period at a rate per annum equal to the Eurocurrency Rate for such Interest
Period plus the
Applicable Rate plus (in the case of
a Eurocurrency Rate Loan of any Lender which is lent from a Lending Office in
the United Kingdom or a Participating Member State) the Mandatory Cost; and (ii)
each Base Rate Loan shall bear interest on the outstanding principal amount
thereof from the applicable borrowing date at a rate per annum equal to the Base
Rate plus the
Applicable Rate.

     

    (b) (i)           If
any amount payable by any Loan Party under any Loan Document is not paid when
due (without regard to any applicable grace periods), whether at stated
maturity, by acceleration or otherwise, such amount shall thereafter bear
interest at a fluctuating interest rate per annum at all times equal to the
Default Rate to the fullest extent permitted by applicable Laws.

     

    (ii) Upon the
request of the Required Lenders, while any Event of Default exists, the Borrower
shall pay interest on the principal amount of all outstanding Obligations
hereunder at a fluctuating interest rate per annum at all times equal to the
Default Rate to the fullest extent permitted by applicable Laws.

     

    (iii) Accrued
and unpaid interest on past due amounts (including interest on past due
interest) shall be due and payable upon demand.

     

    (c) Interest
on each Loan shall be due and payable in arrears on each Interest Payment Date
applicable thereto and at such other times as may be specified
herein.  Interest hereunder shall be due and payable in accordance
with the terms hereof before and after judgment, and before and after the
commencement of any proceeding under any Debtor Relief Law.

     

    2.08 Fees.

     

    (a) Commitment
Fees.  The Borrower shall pay to the Administrative Agent for
the account of each Lender in accordance with its Applicable Percentage, a
commitment fee in Dollars equal to the Applicable Rate times the actual
daily amount by which the Aggregate Commitments exceed the sum of (i) the
Outstanding Amount of Committed Loans and (ii) the Outstanding Amount of L/C
Obligations, subject to adjustment as provided in Section
2.16.  The commitment fees set forth above shall accrue at all
times during the Availability Period, including at any time during which one or
more of the conditions in Article IV is not
met, and shall be due and payable quarterly in arrears on the last Business Day
of each March, June,

     

    
      
         

      

      
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    September
and December, commencing with the first such date to occur after the Closing
Date, and on the last day of the Availability Period.  The commitment
fees set forth above shall be calculated quarterly in arrears, and if there is
any change in the Applicable Rate during any quarter, the actual daily amount
shall be computed and multiplied by the Applicable Rate separately for each
period during such quarter that such Applicable Rate was in effect.

     

    (b) Other
Fees.  (i)  The Borrower shall pay (A) to BAS and the
Administrative Agent for their own respective accounts, in Dollars, fees in the
amounts and at the times specified in the Fee Letter and (B) to the other Book
Managers, such fees as are agreed between each such Book Manager and the
Borrower or the Parent.  Such fees shall be fully earned when paid and
shall not be refundable for any reason whatsoever.

     

    (ii) The
Borrower shall pay to the Administrative Agent, for its own account, in Dollars,
fees in the amounts and at the times specified in the Fee
Letter.  Such fees shall be fully earned when paid and shall not be
refundable for any reason whatsoever.

     

    (iii) The
Borrower shall pay to the Lenders, in Dollars, such fees as shall have been
separately agreed upon in writing in the amounts and at the times so
specified.  Such fees shall be fully earned when paid and shall not be
refundable for any reason whatsoever.

     

    2.09 Computation of Interest and
Fees.  All computations of interest for Base Rate Loans
(including Base Rate Loans determined by reference to the Eurocurrency
Rate)  shall be made on the basis of a year of 365 or 366 days, as the
case may be, and actual days elapsed.  All other computations of fees
and interest shall be made on the basis of a 360-day year and actual days
elapsed (which results in more fees or interest, as applicable, being paid than
if computed on the basis of a 365-day year), or, in the case of interest in
respect of Committed Loans denominated in Alternative Currencies as to which
market practice differs from the foregoing, in accordance with such market
practice.  Interest shall accrue on each Loan for the day on which the
Loan is made, and shall not accrue on a Loan, or any portion thereof, for the
day on which the Loan or such portion is paid; provided that any
Loan that is repaid on the same day on which it is made shall, subject to Section 2.11(a), bear
interest for one day.  Each determination by the Administrative Agent
of an interest rate or fee hereunder shall be conclusive and binding for all
purposes, absent manifest error.

     

    2.10 Evidence of Debt.

     

    (a) The
Credit Extensions made by each Lender shall be evidenced by one or more accounts
or records maintained by such Lender and by the Administrative Agent in the
ordinary course of business.  The accounts or records maintained by
the Administrative Agent and each Lender shall be conclusive absent manifest
error of the amount of the Credit Extensions made by the Lenders to the Borrower
and the interest and payments thereon.  Any failure so to record or
any error in doing so shall not, however, limit or otherwise affect the
obligation of the Borrower hereunder to pay any amount owing with respect to the
Obligations.  In the event of any conflict between the accounts and
records maintained by any Lender and the accounts and records of the
Administrative Agent in respect of such matters, the accounts and records of the
Administrative Agent shall control in the absence of manifest
error.  Upon the request of any

     

    
      
         

      

      
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    Lender
made through the Administrative Agent, the Borrower shall execute and deliver to
such Lender (through the Administrative Agent) a Note, which shall evidence such
Lender’s Loans in addition to such accounts or records.  Each Lender
may attach schedules to a Note and endorse thereon the date, Type (if
applicable), amount, currency and maturity of its Loans and payments with
respect thereto.

     

    (b) In
addition to the accounts and records referred to in subsection (a), each Lender
and the Administrative Agent shall maintain in accordance with its usual
practice accounts or records evidencing the purchases and sales by such Lender
of participations in Letters of Credit.  In the event of any conflict
between the accounts and records maintained by the Administrative Agent and the
accounts and records of any Lender in respect of such matters, the accounts and
records of the Administrative Agent shall control in the absence of manifest
error.

     

    2.11 Payments Generally; Administrative
Agent’s Clawback.  (a)  General.  All
payments to be made by the Borrower shall be made without condition or deduction
for any counterclaim, defense, recoupment or setoff.  Except as
otherwise expressly provided herein and except with respect to principal of and
interest on Loans denominated in an Alternative Currency, all payments by the
Borrower hereunder shall be made to the Administrative Agent, for the account of
the respective Lenders to which such payment is owed, at the applicable
Administrative Agent’s Office in Dollars and in Same Day Funds not later than
2:00 p.m. on the date specified herein.  Except as otherwise expressly
provided herein, all payments by the Borrower hereunder with respect to
principal and interest on Loans denominated in an Alternative Currency shall be
made to the Administrative Agent, for the account of the respective Lenders to
which such payment is owed, at the applicable Administrative Agent’s Office in
such Alternative Currency and in Same Day Funds not later than the Applicable
Time specified by the Administrative Agent on the dates specified herein.
Without limiting the generality of the foregoing, the Administrative Agent may
require that any payments due under this Agreement be made in the United
States.  If, for any reason, the Borrower is prohibited by any Law
from making any required payment hereunder in an Alternative Currency, the
Borrower shall make such payment in Dollars in the Dollar Equivalent of the
Alternative Currency payment amount.  The Administrative Agent will
promptly distribute to each Lender its Applicable Percentage (or other
applicable share as provided herein) of such payment in like funds as received
by wire transfer to such Lender’s Lending Office.  All payments
received by the Administrative Agent (i) after 2:00 p.m., in the case of
payments in Dollars, or (ii) after the Applicable Time specified by the
Administrative Agent in the case of payments in an Alternative Currency, shall
in each case be deemed received on the next succeeding Business Day and any
applicable interest or fee shall continue to accrue.  If any payment
to be made by the Borrower shall come due on a day other than a Business Day,
payment shall be made on the next following Business Day, and such extension of
time shall be reflected in computing interest or fees, as the case may
be.

     

    (b) (i)  Funding by Lenders;
Presumption by Administrative Agent.  Unless the Administrative
Agent shall have received notice from a Lender prior to the proposed date of any
Borrowing of Eurocurrency Rate Loans (or, in the case of any Borrowing of Base
Rate Loans, prior to 12:00 noon on the date of such 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

     

    
      
         

      

      
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    Section 2.02 (or, in
the case of a Borrowing of Base Rate Loans, that such Lender has made such share
available in accordance with and at the time required by Section 2.02) and
may, in reliance upon such assumption, make available to the 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 Borrower severally agree to pay to the
Administrative Agent forthwith on demand such corresponding amount in Same Day
Funds with interest thereon, for each day from and including the date such
amount is made available to the Borrower to but excluding the date of payment to
the Administrative Agent, at (A) in the case of a payment to be made by such
Lender, the Overnight Rate, plus any
administrative, processing or similar fees customarily charged by the
Administrative Agent in connection with the foregoing, and (B) in the case of a
payment to be made by the Borrower, the interest rate applicable to Base Rate
Loans (in the case of Loans denominated in Dollars) or the Cost of Funds Rate
plus the Applicable Rate for Eurocurrency Rate Loans (in all other
cases).  If the Borrower and such Lender shall pay such interest to
the Administrative Agent for the same or an overlapping period, the
Administrative Agent shall promptly remit to the Borrower the amount of such
interest paid by the Borrower for such period.  If such Lender pays
its share of the applicable Borrowing to the Administrative Agent, then the
amount so paid shall constitute such Lender’s Loan included in such
Borrowing.  Any payment by the  Borrower shall be without
prejudice to any claim the Borrower may have against a Lender that shall have
failed to make such payment to the Administrative Agent.

     

    (ii) Payments by Borrower;
Presumptions by Administrative Agent.  Unless the
Administrative Agent shall have received notice from the Borrower prior to the
date on which any payment is due to the Administrative Agent for the account of
the Lenders or the L/C Issuer hereunder that the Borrower will not make such
payment, the Administrative Agent may assume that the Borrower has made such
payment on such date in accordance herewith and may, in reliance upon such
assumption, distribute to the Lenders or the L/C Issuer, as the case may be, the
amount due.  In such event, if the Borrower has not in fact made such
payment, then each of the Lenders or the L/C Issuer, as the case may be,
severally agrees to repay to the Administrative Agent forthwith on demand the
amount so distributed to such Lender or the L/C Issuer, in Same Day Funds 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 Overnight Rate.

     

    A notice
of the Administrative Agent to any Lender or to the Borrower with respect to any
amount owing under this subsection (b) shall be conclusive, absent manifest
error.

     

    (c) Failure to Satisfy
Conditions Precedent.  If any Lender makes available to the
Administrative Agent funds for any Loan to be made by such Lender as provided in
the foregoing provisions of this Article II, and such
funds are not made available to the Borrower by the Administrative Agent because
the conditions to the applicable Credit Extension set forth in Article IV are not
satisfied or waived in accordance with the terms hereof, the Administrative
Agent shall promptly return such funds (in like funds as received from such
Lender) to such Lender, without interest.

     

    
      
         

      

      
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    (d) Obligations of Lenders
Several.  The obligations of the Lenders hereunder to make
Committed Loans, to fund participations in Letters of Credit, and to make
payments pursuant to Section 10.04(c), are
several and not joint.  The failure of any Lender to make any
Committed Loan, to fund any such participation or to make any payment under
Section
10.04(c) on any date required hereunder shall not relieve any other
Lender of its corresponding obligation to do so on such date, and no Lender
shall be responsible for the failure of any other Lender to so make its
Committed Loan, to purchase its participation or to make its payment under Section
10.04(c).

     

    (e) Funding
Source.  Nothing herein shall be deemed to obligate any Lender
to obtain the funds for any Loan in any particular place or manner or to
constitute a representation by any Lender that it has obtained or will obtain
the funds for any Loan in any particular place or manner.

     

    2.12 Sharing of Payments by
Lenders.  If any Lender shall, by exercising any right of
setoff or counterclaim or otherwise, obtain payment in respect of (a)
Obligations due and payable to such Lender hereunder and under the other Loan
Documents at such time in excess of its ratable share (according to the
proportion of (i) the amount of such Obligations due and payable to such Lender
at such time to (ii) the aggregate amount of the Obligations due and payable to
all Lenders hereunder and under the other Loan Documents at such time) of
payments on account of the Obligations due and payable to all Lenders hereunder
and under the other Loan Documents at such time obtained by all the Lenders at
such time or (b) Obligations owing (but not due and payable) to such Lender
hereunder and under the other Loan Documents at such time in excess of its
ratable share (according to the proportion of (i) the amount of such Obligations
owing (but not due and payable) to such Lender at such time to (ii) the
aggregate amount of the Obligations owing (but not due and payable) to all
Lenders hereunder and under the other Loan Parties at such time) of payment on
account of the Obligations owing (but not due and payable) to all Lenders
hereunder and under the other Loan Documents at such time obtained by all of the
Lenders at such time, then the Lender receiving such greater proportion shall
(x) notify the Administrative Agent of such fact, and (y) purchase (for cash at
face value) participations in the Committed Loans and subparticipations in L/C
Obligations of the other Lenders, or make such other adjustments as shall be
equitable, so that the benefit of all such payments shall be shared by the
Lenders ratably in accordance with the aggregate amount of Obligations then due
and payable to the Lenders or owing (but not due and payable) to the Lenders, as
the case may be; provided
that:

     

    (i) if any
such participations or subparticipations are purchased and all or any portion of
the payment giving rise thereto is recovered, such participations or
subparticipations shall be rescinded and the purchase price restored to the
extent of such recovery, without interest; and

     

    (ii) the
provisions of this Section shall not be construed to apply to (A) any payment
made by or on behalf of the Borrower pursuant to and in accordance with the
express terms of this Agreement (including the application of funds arising from
the existence of a Defaulting Lender), (B) the application of Cash Collateral
provided for in Section 2.15, or (C)
any payment obtained by a Lender as consideration for the assignment of or sale
of a participation in any of its Loans or subparticipations in L/C

     

    
      
         

      

      
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    Obligations
to any assignee or participant, other than an assignment to the Borrower or any
Subsidiary thereof (as to which the provisions of this Section shall
apply).

     

    The
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 the Borrower rights of setoff and
counterclaim with respect to such participation as fully as if such Lender were
a direct creditor of the Borrower in the amount of such
participation.

     

    2.13 Determination of Eurocurrency
Rate.  If with respect to any determination of the Eurocurrency
Rate the Administrative Agent determines (which determination shall be
conclusive absent manifest error) that BBA LIBOR will not be available on a
Quotation Day using Reuters or another commercially available source providing
quotations of BBA LIBOR, the Administrative Agent shall promptly request that
each Reference Bank supply it with its Quoted Rate, and the Eurocurrency Rate to
be used to determine the interest rate applicable to the relevant Borrowing,
conversion or continuation shall be the average of the Quoted Rates supplied to
the Administrative Agent by the Reference Banks.  If the
Administrative Agent makes such request and one or more Reference Banks fails to
supply its Quoted Rate to the Administrative Agent by 11:30 a.m., London time,
on a Quotation Day, the applicable Eurocurrency Rate shall (subject to Section 3.03(b)) be
determined on the basis of the Quoted Rates supplied by the remaining Reference
Banks.

     

    2.14 Increase in
Commitments.

     

    (a) Request for
Increase.  Provided there exists no Default, upon notice to the
Administrative Agent (which shall promptly notify the Lenders), the Borrower may
from time to time, increase the Aggregate Commitments by an amount (for all such
increases) not exceeding $100,000,000; provided that any
such increase shall be in a minimum amount of $10,000,000 and, if greater, in
whole increments of $1,000,000 in excess thereof.  At the time of
sending such notice, the Borrower (in consultation with the Administrative
Agent) shall specify the time period within which each Lender is requested to
notify the Administrative Agent and the Borrower of such Lender’s desire to
participate in such increase (which shall in no event be less than ten Business
Days from the date of delivery of such notice to the Lenders).

     

    (b) Lender Elections to
Increase.  Each Lender shall notify the Administrative Agent
within such time period whether or not it agrees to increase its Commitment and,
if so, whether by an amount equal to, greater than, or less than its Applicable
Percentage of such requested increase.  Any Lender not responding
within such time period shall be deemed to have declined to increase its
Commitment.

     

    (c) Notification by
Administrative Agent; Additional Lenders.  The Administrative
Agent shall notify the Borrower and each Lender of the Lenders’ responses to
each request made hereunder by the date requested by the Borrower.  To
achieve the full amount of a requested increase and subject to the consent of
the Administrative Agent and the L/C Issuer (which consents shall not be
unreasonably withheld or delayed), the Borrower may also invite additional
Eligible Assignees (each an “Acceding Lender”) to
become Lenders pursuant to an accession agreement substantially in the form
attached hereto as Exhibit
G.

     

    
      
         

      

      
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    (d) Effective Date and
Allocations.  If the Aggregate Commitments are increased in
accordance with this Section, the Administrative Agent and the Borrower shall
determine the effective date (the “Increase Effective
Date”) and the final allocation of such increase; provided that the
Borrower shall not be required to allocate any portion of such increase to
existing Lenders.  The Administrative Agent shall promptly notify the
Lenders of the final allocation of such increase and the Increase Effective
Date.

     

    (e) Conditions to Effectiveness
of Increase.  As a condition precedent to such increase, the
Borrower shall deliver to the Administrative Agent a certificate of each Loan
Party dated as of the applicable Increase Effective Date signed by a Responsible
Officer of such Loan Party certifying and attaching copies of the resolutions
adopted by such Loan Party approving or consenting to such increase, and (in the
case of the Borrower) certifying that no Default exists and that, before and
after giving effect to such increase, (A) the representations and warranties of
(1) the Parent and the Borrower contained in Article V (other than
the representation and warranty contained in Section 5.04(b)) and
(2) each Loan Party contained in each other Loan Document or in any document
furnished at any time under or in connection herewith or therewith, shall be
true and correct in all material respects (or, if such representation or
warranty is itself modified by materiality or Material Adverse Effect, it shall
be true and correct in all respects) on and as of Increase Effective Date,
except to the extent that such representations and warranties specifically refer
to an earlier date, in which case they shall be true and correct as of such
earlier date.  The Borrower shall prepay any Committed Loans
outstanding on the Increase Effective Date (and pay any additional amounts
required pursuant to Section 3.05) to the
extent necessary to keep the outstanding Committed Loans ratable with any
revised Applicable Percentages arising from any nonratable increase in the
Commitments under this Section.

     

    (f) Conflicting
Provisions.  This Section shall supersede any provisions in
Section 2.12 or
10.01 to the
contrary.

     

    2.15 Cash
Collateral.

     

    (a) Certain Credit Support
Events.  Upon the written request of the Administrative Agent
or the L/C Issuer (i) if the L/C Issuer has honored any full or partial drawing
request under any Letter of Credit and such drawing has resulted in an L/C
Borrowing, or (ii) if, as of the Letter of Credit Expiration Date, any L/C
Obligation for any reason remains outstanding, the Borrower shall, in each case,
promptly (and in any event within three Business Days from its receipt of such
request) Cash Collateralize the then Outstanding Amount of all L/C
Obligations.  In addition, (x) Extended Letters of Credit shall be
Cash Collateralized in accordance with Section 6.09, and (y)
at any time that there shall exist a Defaulting Lender, promptly following
receipt of a written request from the Administrative Agent or the L/C Issuer
(and in any event within three Business Days from its receipt of such request),
the Borrower shall deliver to the Administrative Agent Cash Collateral in an
amount sufficient to cover all Fronting Exposure (after giving effect to Section 2.16(a)(iv)
and any Cash Collateral provided by the Defaulting Lender).

     

    (b) Grant of Security
Interest.  All Cash Collateral (other than credit support not
constituting funds subject to deposit) shall be maintained in blocked,
non-interest bearing

     

    
      
         

      

      
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    deposit
accounts at Bank of America.  The Borrower, and to the extent provided
by any Lender, such Lender, hereby grants to (and subjects to the control of)
the Administrative Agent, for the benefit of the Administrative Agent, the L/C
Issuer and the Lenders, and agrees to maintain, a first priority security
interest in all such cash, deposit accounts and all balances therein, and all
other property so provided as collateral pursuant hereto, and in all proceeds of
the foregoing, all as security for the obligations to which such Cash Collateral
may be applied pursuant to Section
2.15(c).  If at any time the Administrative Agent determines
that Cash Collateral is subject to any right or claim of any Person other than
the Administrative Agent as herein provided, or that the total amount of such
Cash Collateral is less than the applicable Fronting Exposure and other
obligations secured thereby, the Borrower or the relevant Defaulting Lender
will, promptly upon demand by the Administrative Agent (and in any event within
three Business Days from its receipt of such demand), pay or provide to the
Administrative Agent additional Cash Collateral in an amount sufficient to
eliminate such deficiency.

     

    (c) Application.  Notwithstanding
anything to the contrary contained in this Agreement, Cash Collateral provided
under any of this Section 2.15 or Sections 2.03, 2.04, 2.16, 6.09 or 8.02 in respect of
Letters of Credit shall be held and applied to the satisfaction of the specific
L/C Obligations, obligations to fund participations with respect thereto
(including, as to Cash Collateral provided by a Defaulting Lender, any interest
accrued on such obligation) and other obligations for which the Cash Collateral
was so provided, prior to any other application of such property as may be
provided for herein.

     

    (d) Release.  Cash
Collateral (or the appropriate portion thereof) provided to reduce Fronting
Exposure or other obligations shall be released promptly following (i) the
elimination of the applicable Fronting Exposure or other obligations giving rise
thereto (including by the termination of Defaulting Lender status of the
applicable Lender (or, as appropriate, its assignee following compliance with
Section
10.06(b)(vi))) or (ii) the Administrative Agent’s good faith
determination that there exists excess Cash Collateral; provided that (x)
Cash Collateral furnished by or on behalf of a Loan Party shall not be released
during the continuance of a Default or Event of Default (and following
application as provided in this Section 2.15 may be
otherwise applied in accordance with Section 8.03), and
(y) the Person providing Cash Collateral and the L/C Issuer may agree that Cash
Collateral shall not be released but instead held to support future anticipated
Fronting Exposure or other obligations.

     

    2.16 Defaulting
Lenders.

     

    (a) Adjustments.  Notwithstanding
anything to the contrary contained in this Agreement, if any Lender becomes a
Defaulting Lender, then, until such time as that Lender is no longer a
Defaulting Lender, to the extent permitted by applicable Law:

     

    (i) Waivers and
Amendments.  That Defaulting Lender’s right to approve or
disapprove any amendment, waiver or consent with respect to this Agreement shall
be restricted as set forth in Section
10.01.

     

    (ii) Reallocation of
Payments.  Any payment of principal, interest, fees or other
amounts received by the Administrative Agent with respect to this Agreement for
the account of that Defaulting Lender (whether voluntary or mandatory, at
maturity,

     

    
      
         

      

      
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    pursuant
to Article VIII
or otherwise, and including any amounts made available to the Administrative
Agent by that Defaulting Lender pursuant to Section 10.08), shall
be applied at such time or times as may be determined by the Administrative
Agent as follows: first, to the payment of any
amounts owing by that Defaulting Lender to the Administrative Agent hereunder;
second, to the payment
on a pro rata basis of any amounts owing by that Defaulting Lender to the L/C
Issuer hereunder; third, if so determined by
the Administrative Agent or requested by the L/C Issuer, to be held as Cash
Collateral for future funding obligations of that Defaulting Lender of any
participation in any Letter of Credit; fourth, as the Borrower may
request (so long as no Default or Event of Default exists), to the funding of
any Loan in respect of which that Defaulting Lender has failed to fund its
portion thereof as required by this Agreement or to be held as Cash Collateral
as provided in Section
2.15 with respect to any applicable Fronting Exposure; fifth, if so determined by
the Administrative Agent and the Borrower, to be held in a non-interest bearing
deposit account and released in order to satisfy obligations of that Defaulting
Lender to fund Loans and provide Cash Collateral with respect to Fronting
Exposure under this Agreement; sixth, to the payment of any
amounts owing to the Lenders or the L/C Issuer as a result of any judgment of a
court of competent jurisdiction obtained by any Lender or the L/C Issuer against
that Defaulting Lender as a result of that Defaulting Lender’s breach of its
obligations under this Agreement; seventh, so long as no
Default or Event of Default exists, to the payment of any amounts owing to the
Borrower as a result of any judgment of a court of competent jurisdiction
obtained by the Borrower against that Defaulting Lender as a result of that
Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to that Defaulting
Lender or as otherwise directed by a court of competent jurisdiction; provided that if (x)
such payment is a payment of the principal amount of any Loans or L/C Borrowings
in respect of which that Defaulting Lender has not fully funded its appropriate
share and (y) such Loans or L/C Borrowings were made at a time when the
conditions set forth in Section 4.02 were
satisfied or waived, such payment shall be applied solely to pay the Loans of,
and L/C Borrowings owed to, all non-Defaulting Lenders on a pro rata basis prior
to being applied to the payment of any Loans of, or L/C Borrowings owed to, that
Defaulting Lender.  Any payments, prepayments or other amounts paid or
payable to a Defaulting Lender that are applied (or held) to pay amounts owed by
a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.16(a)(ii)
shall be deemed paid to and redirected by that Defaulting Lender, and each
Lender irrevocably consents hereto.

     

    (iii) Certain
Fees.  That Defaulting Lender (x) shall not be entitled to
receive any commitment fee pursuant to Section 2.08(a) for
any period during which that Lender is a Defaulting Lender (and the Borrower
shall not be required to pay any such fee that otherwise would have been
required to have been paid to that Defaulting Lender) and (y) shall be limited
in its right to receive Letter of Credit Fees as provided in Section
2.03(h).

     

    (iv) Reallocation of Applicable
Percentages to Reduce Fronting Exposure.  During any period in
which there is a Defaulting Lender, for purposes of computing the amount of the
obligation of each non-Defaulting Lender to acquire, refinance or fund
participations in Letters of Credit pursuant to Section 2.03, the
“Applicable Percentage” of each non-Defaulting Lender shall be computed without
giving effect to the

     

    
      
         

      

      
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    Commitment
of that Defaulting Lender; provided that (i)
each such reallocation shall be given effect only if, at the date the applicable
Lender becomes a Defaulting Lender, no Default or Event of Default exists; and
(ii) the aggregate obligation of each non-Defaulting Lender to acquire,
refinance or fund participations in Letters of Credit shall not exceed the
positive difference, if any, of (1) the Commitment of that non-Defaulting Lender
minus (2) the
aggregate Outstanding Amount of the Committed Loans of that Lender.

     

    (b) Defaulting Lender
Cure.  If the Borrower, the Administrative Agent and the L/C
Issuer, each in its sole discretion, agree in writing that a Defaulting Lender
should no longer be deemed to be a Defaulting Lender, the Administrative Agent
will so notify the parties hereto, whereupon as of the effective date specified
in such notice and subject to any conditions set forth therein (which may
include arrangements with respect to any Cash Collateral), that Lender will, to
the extent applicable, purchase that portion of outstanding Loans of the other
Lenders or take such other actions as the Administrative Agent may determine to
be necessary to cause the Committed Loans and funded and unfunded participations
in Letters of Credit to be held on a pro rata basis by the Lenders in accordance
with their Applicable Percentages (without giving effect to Section 2.16(a)(iv)),
whereupon that Lender will cease to be a Defaulting Lender; provided that no
adjustments will be made retroactively with respect to fees accrued or payments
made by or on behalf of the Borrower while that Lender was a Defaulting Lender;
and provided,
further, that
except to the extent otherwise expressly agreed by the affected parties, no
change hereunder from Defaulting Lender to Lender will constitute a waiver or
release of any claim of any party hereunder arising from that Lender’s having
been a Defaulting Lender.

     

    ARTICLE
III.

    TAXES,
YIELD PROTECTION AND ILLEGALITY

     

    3.01 Taxes.

     

    (a) Payments Free of Taxes;
Obligation to Withhold; Payments on Account of Taxes.  (i) Any
and all payments by or on account of any obligation of the Borrower hereunder or
under any other Loan Document shall to the extent permitted by applicable Laws
be made free and clear of and without reduction or withholding for any
Taxes.  If, however, applicable Laws require the Borrower or the
Administrative Agent to withhold or deduct any Tax, such Tax shall be withheld
or deducted in accordance with such Laws as determined by the Borrower or the
Administrative Agent, as the case may be, upon the basis of the information and
documentation to be delivered pursuant to subsection (e) below.

     

    (ii) If the
Borrower or the Administrative Agent shall be required by the Code to withhold
or deduct any Taxes, including both United States Federal backup withholding and
withholding taxes, from any payment, then (A) the Administrative Agent shall
withhold or make such deductions as are determined by the Administrative Agent
to be required based upon the information and documentation it has received
pursuant to subsection (e) below, (B) the Administrative Agent shall timely pay
the full amount withheld or deducted to the relevant Governmental Authority in
accordance with the Code, and (C) to the extent that the withholding or
deduction is made on account of Indemnified Taxes or Other Taxes, the sum
payable by the Borrower shall be increased

     

    
      
         

      

      
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    as
necessary so that after any required withholding or the making of all required
deductions (including deductions applicable to additional sums payable under
this Section) the Administrative Agent, Lender or L/C Issuer, as the case may
be, receives an amount equal to the sum it would have received had no such
withholding or deduction been made.

     

    (iii) If the
Borrower or the Administrative Agent shall be required by any applicable Laws
other than the Code to withhold or deduct any Taxes from any payment, then (A)
the Borrower or the Administrative Agent, as required by such Laws, shall
withhold or make such deductions as are determined by it to be required based
upon the information and documentation it has received pursuant to subsection
(e) below, (B) the Borrower or the Administrative Agent, to the extent required
by such Laws, shall timely pay the full amount so withheld or deducted by it to
the relevant Governmental Authority in accordance with such Laws, and (C) to the
extent that the withholding or deduction is made on account of Indemnified Taxes
or Other Taxes, the sum payable by the Borrower shall be increased as necessary
so that after any required withholding or the making of all required deductions
(including deductions applicable to additional sums payable under this Section)
the Administrative Agent or Lender, as the case may be, receives an amount equal
to the sum it would have received had no such withholding or deduction been
made.

     

    (b) Payment of Other Taxes by
the Borrower.  Without limiting the provisions of subsection
(a) above, the Borrower shall timely pay any Other Taxes to the relevant
Governmental Authority in accordance with applicable Laws.

     

    (c) Tax
Indemnifications.  (i) Without limiting the provisions of
subsection (a) or (b) above, the Borrower shall, and does hereby, indemnify the
Administrative Agent, each Lender and the L/C Issuer, and shall make payment in
respect thereof within ten days after written demand therefor, for the full
amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or
Other Taxes imposed or asserted on or attributable to amounts payable under this
Section) withheld or deducted by the Borrower or the Administrative Agent or
paid by the Administrative Agent, such Lender or the L/C Issuer, as the case may
be, and any penalties, interest and 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.  The Borrower shall also, and does hereby, indemnify the
Administrative Agent, and shall make payment in respect thereof within ten days
after written demand therefor, for any amount which a Lender or the L/C Issuer
for any reason fails to pay indefeasibly to the Administrative Agent as required
by clause (ii) of this subsection.  A certificate as to the amount of
any such payment or liability delivered to the Borrower by a Lender or the L/C
Issuer (with a copy to the Administrative Agent), or by the Administrative Agent
on its own behalf or on behalf of a Lender or the L/C Issuer, shall be
conclusive absent manifest error.

     

    (ii) Without
limiting the provisions of subsection (a) or (b) above, each Lender and the L/C
Issuer shall, and does hereby, indemnify the Borrower and the Administrative
Agent, and shall make payment in respect thereof within ten days after demand
therefor, against any and all Taxes and any and all related losses,
claims,

     

    
      
         

      

      
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    liabilities,
penalties, interest and expenses (including the fees, charges and disbursements
of any counsel for the Borrower or the Administrative Agent) incurred by or
asserted against the Borrower or the Administrative Agent by any Governmental
Authority as a result of the failure by such Lender or the L/C Issuer, as the
case may be, to deliver, or as a result of the inaccuracy, inadequacy or
deficiency of, any documentation required to be delivered by such Lender or the
L/C Issuer, as the case may be, to the Borrower or the Administrative Agent
pursuant to subsection (e).  Each Lender and the L/C Issuer hereby
authorizes the Administrative Agent to set off and apply any and all amounts at
any time owing to such Lender or the L/C Issuer, as the case may be, under this
Agreement or any other Loan Document against any amount due to the
Administrative Agent under this clause (ii).  The agreements in this
clause (ii) shall survive the resignation and/or replacement of the
Administrative Agent, any assignment of rights by, or the replacement of, a
Lender or the L/C Issuer, the termination of the Aggregate Commitments and the
repayment, satisfaction or discharge of all other Obligations.

     

    (d) Evidence of
Payments.  Upon request by a Borrower or the Administrative
Agent, as the case may be, after any payment of Taxes by the Borrower or by the
Administrative Agent to a Governmental Authority as provided in this Section 3.01, the
Borrower shall deliver to the Administrative Agent or the Administrative Agent
shall deliver to the Borrower, as the case may be, the original or a certified
copy of a receipt issued by such Governmental Authority evidencing such payment,
a copy of any return required by Laws to report such payment or other evidence
of such payment reasonably satisfactory to the Borrower or the Administrative
Agent, as the case may be.

     

    (e) Status of Lenders; Tax
Documentation.  (i)  Each Lender shall deliver to the
Borrower and to the Administrative Agent, at the time or times prescribed by
applicable Laws or when reasonably requested by the Borrower or the
Administrative Agent, such properly completed and executed documentation
prescribed by applicable Laws or by the taxing authorities of any jurisdiction
and such other reasonably requested information as will permit the Borrower or
the Administrative Agent, as the case may be, to determine (A) whether or not
payments made hereunder or under any other Loan Document are subject to Taxes,
(B) if applicable, the required rate of withholding or deduction, and (C) such
Lender’s entitlement to any available exemption from, or reduction of,
applicable Taxes in respect of all payments to be made to such Lender by the
Borrower pursuant to this Agreement or otherwise to establish such Lender’s
status for withholding tax purposes in the applicable
jurisdictions.

     

    (ii) Without
limiting the generality of the foregoing, if a Borrower is resident for tax
purposes in the United States,

     

    (A) any
Lender that is a “United States person” within the meaning of Section
7701(a)(30) of the Code shall deliver to the Borrower and the Administrative
Agent executed originals of Internal Revenue Service Form W-9 or such other
documentation or information prescribed by applicable Laws or reasonably
requested by the Borrower or the Administrative Agent as will enable the
Borrower or the Administrative Agent, as the case may be, to determine whether
or not such Lender is subject to backup withholding or information reporting
requirements; and

     

    
      
         

      

      
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    (B) each
Foreign Lender that is entitled under the Code or any applicable treaty to an
exemption from or reduction of withholding tax with respect to payments
hereunder or under any other Loan Document shall deliver to the Borrower and the
Administrative Agent (in such number of copies as shall be requested by the
recipient) on or prior to the date on which such Foreign Lender becomes a Lender
under this Agreement (and from time to time thereafter upon the request of the
Borrower or the Administrative Agent, but only if such Foreign Lender is legally
entitled to do so), whichever of the following is applicable:

     

    (I) executed
originals of Internal Revenue Service Form W-8BEN claiming eligibility for
benefits of an income tax treaty to which the United States is a
party,

     

    (II) executed
originals of Internal Revenue Service Form W-8ECI,

     

    (III) executed
originals of Internal Revenue Service Form W-8IMY and all required supporting
documentation,

     

    (IV) in the
case of a Foreign Lender claiming the benefits of the exemption for portfolio
interest under section 881(c) of the Code, (x) a certificate to the effect that
such Foreign Lender is not (A) a “bank” within the meaning of section
881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower within
the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign
corporation” described in section 881(c)(3)(C) of the Code and (y) executed
originals of  Internal Revenue Service Form W-8BEN, or

     

    (V) executed
originals of any other form prescribed by applicable Laws as a basis for
claiming exemption from or a reduction in United States Federal withholding tax
together with such supplementary documentation as may be prescribed by
applicable Laws to permit the Borrower or the Administrative Agent to determine
the withholding or deduction required to be made.

     

    (iii) Each
Lender shall promptly (A) notify the Borrower and the Administrative Agent of
any change in circumstances which would modify or render invalid any claimed
exemption or reduction, and (B) take such steps as shall not be materially
disadvantageous to it, in the reasonable judgment of such Lender, and as may be
reasonably necessary (including the re-designation of its Lending Office) to
avoid any requirement of applicable Laws of any jurisdiction that the Borrower
or the Administrative Agent make any withholding or deduction for taxes from
amounts payable to such Lender.

     

    (iv) The
Borrower shall promptly deliver to the Administrative Agent or any Lender, as
the Administrative Agent or such Lender shall reasonably request, on or prior to
the Closing Date (or such later date on which it first becomes a Borrower), and
in a

     

    
      
         

      

      
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    timely
fashion thereafter, such documents and forms required by any relevant taxing
authorities under the Laws of any jurisdiction, duly executed and completed by
the Borrower, as are required to be furnished by such Lender or the
Administrative Agent under such Laws in connection with any payment by the
Administrative Agent or any Lender of Taxes or Other Taxes, or otherwise in
connection with the Loan Documents, with respect to such
jurisdiction.

     

    (f) Treatment of Certain
Refunds.  Unless required by applicable Laws, at no time shall
the Administrative Agent have any obligation to file for or otherwise pursue on
behalf of a Lender or the L/C Issuer, or have any obligation to pay to any
Lender or the L/C Issuer, any refund of Taxes withheld or deducted from funds
paid for the account of such Lender or the L/C Issuer, as the case may
be.  If the Administrative Agent, any Lender or the L/C Issuer
determines, in its sole discretion, that it has received a refund of any Taxes
or Other Taxes as to which it has been indemnified by the Borrower or with
respect to which the Borrower has paid additional amounts pursuant to this
Section, it shall pay to the Borrower an amount equal to such refund (but only
to the extent of indemnity payments made, or additional amounts paid, by the
Borrower under this Section with respect to the Taxes or Other Taxes giving rise
to such refund), net of all out-of-pocket expenses and net of any loss or gain
realized in the conversion of such funds from or to another currency incurred by
the Administrative Agent, such Lender or the L/C Issuer, as the case may be, and
without interest (other than any interest paid by the relevant Governmental
Authority with respect to such refund); provided that the
Borrower, upon the request of the Administrative Agent, such Lender or the L/C
Issuer, agrees to repay the amount paid over to the Borrower (plus any penalties,
interest or other charges imposed by the relevant Governmental Authority) to the
Administrative Agent, such Lender or the L/C Issuer in the event the
Administrative Agent, such Lender or the L/C Issuer is required to repay such
refund to such Governmental Authority.  This subsection shall not be
construed to require the Administrative Agent, any Lender or the L/C Issuer to
make available its tax returns (or any other information relating to its taxes
that it deems confidential) to the Borrower or any other Person.

     

    3.02 Illegality.  If any
Lender determines that any Law has made it unlawful, or that any Governmental
Authority has asserted that it is unlawful, for any Lender or its applicable
Lending Office to make, maintain or fund Eurocurrency Rate Loans (whether
denominated in Dollars or an Alternative Currency), or to determine or charge
interest rates based upon the Eurocurrency Rate, or any Governmental Authority
has imposed material restrictions on the authority of such Lender to purchase or
sell, or to take deposits of, Dollars or any Alternative Currency in the
applicable interbank market, then, on notice thereof by such Lender to the
Borrower through the Administrative Agent, any obligation of such Lender to make
or continue Eurocurrency Rate Loans in the affected currency or currencies or,
in the case of Eurocurrency Rate Loans in Dollars, to convert Base Rate Loans to
Eurocurrency Rate Loans, shall be suspended until such Lender notifies the
Administrative Agent and the Borrower that the circumstances giving rise to such
determination no longer exist.  Upon receipt of such notice, the
Borrower shall, upon demand from such Lender (with a copy to the Administrative
Agent), either prepay or convert all such Eurocurrency Rate Loans of such Lender
to Base Rate Loans (in the case of Multicurrency Revolving Credit Loans
denominated in Dollars) or to Loans bearing interest at the Cost of Funds Rate
plus the Applicable Rate for Eurocurrency Rate Loans (in the case of any other
Loan), either on the last day of the Interest Period therefor, if such Lender
may

     

    
      
         

      

      
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    lawfully
continue to maintain such Eurocurrency Rate Loans to such day, or immediately,
if such Lender may not lawfully continue to maintain such Eurocurrency Rate
Loans.  Upon any such prepayment or conversion, the Borrower shall
also pay accrued interest on the amount so prepaid or converted.

     

    3.03 Inability to Determine
Rates.

     

    (a) If the
Required Lenders determine that for any reason in connection with any request
for a Eurocurrency Rate Loan or a conversion to or continuation thereof that (a)
deposits (whether in Dollars or an Alternative Currency) are not being offered
to banks in the applicable offshore interbank market for such currency for the
applicable amount and Interest Period of such Eurocurrency Rate Loan, (b)
adequate and reasonable means do not exist for determining the Eurocurrency Rate
for any requested Interest Period with respect to a proposed Eurocurrency Rate
Loan (whether denominated in Dollars or an Alternative Currency), or (c) the
Eurocurrency Rate for any requested Interest Period with respect to a proposed
Eurocurrency Rate Loan does not adequately and fairly reflect the cost to such
Lenders of funding such Eurocurrency Rate Loan, the Administrative Agent will
promptly so notify the Borrower and each Lender.  Thereafter, the
obligation of the Lenders to make or maintain Eurocurrency Rate Loans in the
affected currency or currencies shall be suspended until the Administrative
Agent (upon the instruction of the Required Lenders) revokes such
notice.  Upon receipt of such notice, the Borrower may revoke any
pending request for a Borrowing of, conversion to or continuation of
Eurocurrency Rate Loans in the affected currency or currencies or, failing that,
will be deemed to have converted such request into a request (a) for a Borrowing
of (or conversion to) Base Rate Loans in the amount specified therein, in the
case of Multicurrency Revolving Credit Loans denominated in Dollars, or (b) for
a Borrowing of (or conversion to) a Loan bearing interest at the Cost of Funds
Rate plus the Applicable Margin with respect to Eurocurrency Rate Loans, in the
case of any other Loan.

     

    (b) Without
limitation of the provisions of Section 3.03(a), if,
with respect to any Borrowing, conversion or continuation for which the
Eurocurrency Rate is to be determined by reference to the Quoted Rates supplied
to the Administrative Agent by the Reference Banks in accordance with Section 2.13, (i)
fewer than two Reference Banks supply the Administrative Agent with a Quoted
Rate or (ii) prior to the close of business on the Quotation Day, the
Administrative Agent receives notification from Lenders whose participation in
such Borrowing, conversion or continuation exceeds 35% of the amount of such
Borrowing, conversion or continuation that the cost to such Lenders of obtaining
matching deposits in the London interbank market (in the case of Loans
denominated in Dollars or an Alternative Currency other than Euro) or the
European interbank market (in the case of Loans denominated in Euro) would be in
excess of the Eurocurrency Rate, as applicable, for the relevant Interest
Period, then the Administrative Agent shall give notice thereof to the Parent,
the Borrower and the Lenders in writing as promptly as practicable thereafter,
and the interest rate applicable to such Borrowing, conversion or continuation
shall be (a) the Base Rate plus the Applicable
Rate, in the case of Multicurrency Revolving Credit Loans denominated in
Dollars, or (b) the Cost of Funds Rate plus the Applicable
Rate with respect to Eurocurrency Rate Loans, in the case of any other
Loan.

     

    
      
         

      

      
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    (c) If any
event described in the first sentence of Section 3.03(a) or in
Section 3.03(b)
occurs and results in the application of the Cost of Funds Rate, then at the
request of the Administrative Agent, the Parent or the Borrower, the
Administrative Agent, the Parent and the Borrower shall enter into negotiations
for a period of no more than 30 days for the purpose of agreeing to a substitute
basis for determining the rate of interest to be applied to the applicable
Borrowing (and, to the extent required, any future Borrowings).  Any
substitute basis agreed upon shall be, with the consent of all Lenders, binding
on all of the parties to this Agreement.

     

    3.04 Increased Costs; Reserves on
Eurocurrency Rate Loans.

     

    (a) Increased Costs
Generally.  If any Change in Law shall:

     

    (i) impose,
modify or deem applicable any reserve, special deposit, compulsory loan,
insurance charge or similar requirement against assets of, deposits with or for
the account of, or credit extended or participated in by, any Lender (except (A)
any reserve requirement contemplated by Section 3.04(e) and
(B) the requirements of the Bank of England and the Financial Services Authority
or the European Central Bank reflected in the Mandatory Cost, other than as set
forth below) or the L/C Issuer;

     

    (ii) subject
any Lender or the L/C Issuer to any tax of any kind whatsoever with respect to
this Agreement, any Letter of Credit, any participation in a Letter of Credit or
any Eurocurrency Rate Loan made by it, or change the basis of taxation of
payments to such Lender or the L/C Issuer in respect thereof (except for
Indemnified Taxes or Other Taxes covered by Section 3.01 and the imposition of,
or any change in the rate of, any Excluded Tax payable by such Lender or the L/C
Issuer); or

     

    (iii) result in
the failure of the Mandatory Cost, as calculated hereunder, to represent the
cost to any Lender of complying with the requirements of the Bank of England
and/or the Financial Services Authority or the European Central Bank in relation
to its making, funding or maintaining Eurocurrency Rate Loans; or

     

    (iv) impose on
any Lender or the L/C Issuer or the London interbank market any other condition,
cost or expense affecting this Agreement or Eurocurrency Rate Loans made by such
Lender or any Letter of Credit or participation therein;

     

    and the
result of any of the foregoing shall be to increase the cost to such Lender of
making or maintaining any Eurocurrency Rate Loan (or of maintaining its
obligation to make any such Loan), or to increase the cost to such Lender or the
L/C Issuer of participating in, issuing or maintaining any Letter of Credit (or
of maintaining its obligation to participate in or to issue any Letter of
Credit), or to reduce the amount of any sum received or receivable by such
Lender or the L/C Issuer hereunder (whether of principal, interest or any other
amount) then, upon request of such Lender or the L/C Issuer, the Borrower will
pay to such Lender or the L/C Issuer, as the case may be, such additional amount
or amounts as will compensate such Lender or the L/C Issuer, as the case may be,
for such additional costs incurred or reduction suffered.

     

    (b) Capital
Requirements.  If any Lender or the L/C Issuer determines that
any Change in Law affecting such Lender or the L/C Issuer or any Lending Office
of such Lender or such Lender’s or the L/C Issuer’s holding company, if any,
regarding capital requirements has

     

    
      
         

      

      
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    or would
have the effect of reducing the rate of return on such Lender’s or the L/C
Issuer’s capital or on the capital of such Lender’s holding company, if any, as
a consequence of this Agreement, the Commitments of such Lender or the Loans
made by, or participations in Letters of Credit held by, such Lender, or the
Letters of Credit issued by the L/C Issuer, to a level below that which such
Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company
could have achieved but for such Change in Law (taking into consideration such
Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the
L/C Issuer’s holding company with respect to capital adequacy), then from time
to time the Borrower will pay to such Lender or the L/C Issuer, as the case may
be, such additional amount or amounts as will compensate such Lender or the L/C
Issuer or such Lender’s or the L/C Issuer’s holding company for any such
reduction suffered.

     

    (c) Certificates for
Reimbursement.  A certificate of a Lender or the L/C Issuer
setting forth the amount or amounts necessary to compensate such Lender or the
L/C Issuer or its holding company, as the case may be, as specified in
subsection (a) or (b) of this Section and delivered to the Borrower shall be
conclusive absent manifest error.  The Borrower shall pay such Lender
or the L/C Issuer, as the case may be, the amount shown as due on any such
certificate within ten days after receipt thereof.

     

    (d) Delay in
Requests.  Failure or delay on the part of any Lender or the
L/C Issuer to demand compensation pursuant to the foregoing provisions of this
Section shall not constitute a waiver of such Lender’s or the L/C Issuer’s right
to demand such compensation, provided that the
Borrower shall not be required to compensate a Lender or the L/C Issuer pursuant
to the foregoing provisions of this Section for any increased costs incurred or
reductions suffered more than nine months prior to the date that such Lender or
the L/C Issuer, as the case may be, notifies the Borrower of the Change in Law
giving rise to such increased costs or reductions and of such Lender’s or the
L/C Issuer’s intention to claim compensation therefor (except that, if the
Change in Law giving rise to such increased costs or reductions is retroactive,
then the nine-month period referred to above shall be extended to include the
period of retroactive effect thereof).

     

    (e) Additional Reserve
Requirements.  The Borrower shall pay to each Lender, (i) as
long as such Lender shall be required to maintain reserves with respect to
liabilities or assets consisting of or including Eurocurrency funds or deposits
(currently known as “Eurocurrency liabilities”), additional interest on the
unpaid principal amount of each Eurocurrency Rate Loan equal to the actual costs
of such reserves allocated to such Loan by such Lender (as determined by such
Lender in good faith, which determination shall be conclusive), and (ii) as long
as such Lender shall be required to comply with any reserve ratio requirement or
analogous requirement of any other central banking or financial regulatory
authority imposed in respect of the maintenance of the Commitments or the
funding of the Eurocurrency Rate Loans, such additional costs (expressed as a
percentage per annum and rounded upwards, if necessary, to the nearest five
decimal places) equal to the actual costs allocated to such Commitment or Loan
by such Lender (as determined by such Lender in good faith, which determination
shall be conclusive), which in each case shall be due and payable on each date
on which interest is payable on such Loan; provided the Borrower
shall have received at least ten days’ prior notice (with a copy to the
Administrative Agent) of such additional interest or costs from such
Lender.

     

    
      
         

      

      
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    If a
Lender fails to give notice ten days prior to the relevant Interest Payment
Date, such additional interest or costs shall be due and payable ten days from
receipt of such notice.

     

    3.05 Compensation for
Losses.  Upon demand of any Lender (with a copy to the
Administrative Agent) from time to time, the Borrower shall promptly compensate
such Lender for and hold such Lender harmless from any loss, cost or expense
incurred by it as a result of:

     

    (a) any
continuation, conversion, payment or prepayment of any Loan other than a Base
Rate Loan on a day other than the last day of the Interest Period for such Loan
(whether voluntary, mandatory, automatic, by reason of acceleration, or
otherwise);

     

    (b) any
failure by the Borrower (for a reason other than the failure of such Lender to
make a Loan) to prepay, borrow, continue or convert any Loan other than a Base
Rate Loan on the date or in the amount notified by the Borrower;

     

    (c) any
failure by the Borrower to make payment of any Loan (or interest due thereon)
denominated in an Alternative Currency on its scheduled due date or any payment
thereof in a different currency; or

     

    (d) any
assignment of a Eurocurrency Rate Loan on a day other than the last day of the
Interest Period therefor as a result of a request by the Borrower pursuant to
Section
10.13;

     

    including
any foreign exchange losses and any loss or expense arising from the liquidation
or reemployment of funds obtained by it to maintain such Loan, from fees payable
to terminate the deposits from which such funds were obtained or from the
performance of any foreign exchange contract.  The Borrower shall also
pay any customary administrative fees charged by such Lender in connection with
the foregoing.

    

    For
purposes of calculating amounts payable by the Borrower to the Lenders under
this Section
3.05, each Lender shall be deemed to have funded each Eurocurrency Rate
Loan made by it at the Eurocurrency Rate for such Loan by a matching deposit or
other borrowing in the offshore interbank market for such currency for a
comparable amount and for a comparable period, whether or not such Eurocurrency
Rate Loan was in fact so funded.

     

    3.06 Mitigation Obligations; Replacement
of Lenders.

     

    (a) Designation of a Different
Lending Office.  If any Lender requests compensation under
Section 3.04,
or the Borrower is required to pay any additional amount to any Lender, the L/C
Issuer, or any Governmental Authority for the account of any Lender or the L/C
Issuer pursuant to Section 3.01, or if
any Lender gives a notice pursuant to Section 3.02, then
such Lender or the L/C Issuer shall, as applicable, 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 judgment of such Lender or the L/C Issuer,
such designation or assignment (i) would eliminate or reduce amounts payable
pursuant to Section
3.01 or 3.04, as the case may
be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as
applicable, and (ii) in each case, would not subject such Lender or the L/C
Issuer, as the case may be, to any unreimbursed cost or expense and would not
otherwise be disadvantageous to such Lender or the L/C Issuer, as the case may
be.

     

    
      
         

      

      
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    The
Borrower hereby agrees to pay all reasonable costs and expenses incurred by any
Lender or the L/C Issuer in connection with any such designation or
assignment.

     

    (b) Replacement of
Lenders.  If any Lender requests compensation under Section 3.04, or if
the Borrower is required to pay any additional amount to any Lender or any
Governmental Authority for the account of any Lender pursuant to Section 3.01, the
Borrower may replace such Lender in accordance with Section
10.13.

     

    3.07 Survival.  All of
the Borrower’s obligations under this Article III shall
survive termination of the Aggregate Commitments, repayment of all other
Obligations hereunder, and resignation of the Administrative Agent.

     

    ARTICLE
IV.

    CONDITIONS
PRECEDENT TO BORROWINGS

     

    4.01 Conditions of Initial Credit
Extension.  The obligation of the L/C Issuer and each Lender to
make its initial Credit Extension available to the Borrower hereunder is subject
to satisfaction of the following conditions precedent:

     

    (a) The
Administrative Agent’s receipt of the following, each of which shall be
originals or telecopies or other electronic format (followed promptly by
originals) unless otherwise specified, each properly executed by a Responsible
Officer (or, with respect to any Loan Party other than the Borrower, by a
Secretary or other Person duly appointed as an attorney-in-fact by a power of
attorney granted by, or pursuant to an authorization of, the board of directors
or similar body of such Loan Party) of the signing Loan Party, each dated the
Closing Date (or, in the case of certificates of governmental officials, a
recent date before the Closing Date) and each in form and substance reasonably
satisfactory to the Administrative Agent and each of the Lenders:

     

    (i) executed
counterparts of this Agreement and the Guaranty Agreement, sufficient in number
for distribution to the Administrative Agent, each Lender and the
Borrower;

     

    (ii) Notes
executed by the Borrower in favor of each Lender that requested Notes at least
two Business Days prior to the Closing Date;

     

    (iii) such
certificates of resolutions or other action, incumbency certificates and/or
other certificates of Responsible Officers of each Loan Party as the
Administrative Agent may reasonably require evidencing the identity, authority
and capacity of each Responsible Officer thereof authorized to act as a
Responsible Officer in connection with this Agreement and the other Loan
Documents to which such Loan Party is a party or is to be a party;

     

    (iv) such
documents and certifications as the Administrative Agent or its counsel may
reasonably request to evidence that each Loan Party is duly organized or formed,
validly existing and in good standing in its jurisdiction of
organization;

     

    
      
         

      

      
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    (v) a
favorable written opinion (addressed to the Administrative Agent and the Lenders
and dated the Closing Date) of (A) Adam L. Rosman, in-house counsel to the
Borrower and the other Loan Parties organized or existing under the laws of the
United States or any state thereof, substantially in the form of Exhibit F-1, (B)
Matheson Ormsby Prentice, local counsel to the Parent, substantially in the form
of Exhibit F-2,
(C) Oliver Goodinge, in-house counsel to the Loan Parties organized or existing
under the laws of the United Kingdom, substantially in the form of Exhibit F-3, and (D)
Baker & McKenzie Amsterdam N.V., local counsel to Willis Netherlands
Holdings B.V., substantially in the form of Exhibit F-4, and, in
the case of each such opinion required by this clause (v), covering such other
matters relating to the Loan Parties, the Loan Documents or the transactions
contemplated hereby as the Required Lenders shall reasonably request, and the
Parent and the Borrower hereby request such counsel to deliver such
opinions;

     

    (vi) a
certificate signed by a Responsible Officer of the Parent and the Borrower
certifying the current Debt Ratings;

     

    (vii) if
applicable, the funding indemnity letter referenced in Section 2.02(f),
which shall have been received within the time prior to the Closing Date as
required in such section; and

     

    (viii) a
certificate signed by a Responsible Officer of the Parent certifying (A) that
the conditions specified in Sections 4.02(a) and
(b) have been
satisfied, (B) that since December 31, 2009 there shall not have occurred any
events or changes that, individually or in the aggregate, have had or could
reasonably be expected to have a Material Adverse Effect, and (C) as of the date
hereof there is no litigation in any court or before any arbitrator or
Governmental Authority, that could reasonably be expected, individually or in
the aggregate, to impose materially adverse conditions, or which could
reasonably be expected, individually or in the aggregate, to have a material
adverse effect, upon this Agreement or any of the transactions contemplated
hereby.

     

    (b)  (i)
All fees required to be paid to the Administrative Agent and/or any of the Book
Managers on or before the Closing Date shall have been paid and (ii) all fees
required to be paid to the Lenders on or before the Closing Date shall have been
paid.

     

    (c) Unless
waived by the Administrative Agent, the Borrower shall have paid all reasonable
fees, charges and disbursements of counsel to the Administrative Agent (directly
to such counsel, if requested by the Administrative Agent) to the extent
invoiced prior to the Closing Date, plus such additional
amounts of such fees, charges and disbursements as shall constitute its
reasonable estimate of such fees, charges and disbursements incurred or to be
incurred by it through the closing proceedings (provided that such estimate
shall not thereafter preclude a final settling of accounts between the Borrower
and the Administrative Agent).

     

    Without
limiting the generality of the provisions of the last paragraph of Section 9.03, for
purposes of determining compliance with the conditions specified in this Section 4.01, each
Lender that has signed this Agreement shall be deemed to have consented to,
approved or accepted or to be satisfied with, each document or other matter
required thereunder to be

     

    
      
         

      

      
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    consented
to or approved by or acceptable or satisfactory to a Lender, unless the
Administrative Agent shall have received notice from such Lender prior to the
proposed Closing Date specifying its objection thereto.

     

    4.02 Conditions to all
Borrowings.  The obligation of each Lender to honor any Request
for Credit Extension (other than a Committed Loan Notice requesting only a
conversion of Loans to the other Type, or a continuation of Eurocurrency Rate
Loans) is subject to the following conditions precedent:

     

    (a) The
representations and warranties of (i) the Parent and the Borrower contained in
Article V and
(ii) each Loan Party contained in each other Loan Document or in any document
furnished at any time under or in connection herewith or therewith, shall be
true and correct in all material respects (or, if such representation or
warranty is itself modified by materiality or Material Adverse Effect, it shall
be true and correct in all respects) on and as of the date of such Credit
Extension, except (A) to the extent that such representations and warranties
specifically refer to an earlier date, in which case they shall be true and
correct as of such earlier date, and (B) the making of the representation and
warranty contained in Section 5.04(b) shall
only be required as a condition precedent to the Closing Date and the
effectiveness of the Commitments on the Closing Date.

     

    (b) No
Default shall exist, or would result from such proposed Credit Extension or the
application of the proceeds thereof.

     

    (c) The
Administrative Agent and, if applicable, the L/C Issuer shall have received a
Request for Credit Extension in accordance with the requirements
hereof.

     

    (d) In the
case of a Borrowing to be denominated in an Alternative Currency, there shall
not have occurred any change in national or international financial, political
or economic conditions or currency exchange rates or exchange controls that in
the reasonable opinion of the Administrative Agent or the Required Lenders would
make it impracticable for such Borrowing to be denominated in the relevant
Alternative Currency.

     

    Each
Request for Credit Extension (other than a Committed Loan Notice requesting only
a conversion of Loans to the other Type or a continuation of Eurocurrency Rate
Loans) submitted by the Borrower shall be deemed to be a representation and
warranty that the conditions specified in Sections 4.02(a) and
(b) have been
satisfied on and as of the date of the applicable Credit Extension.

     

    ARTICLE
V.

    REPRESENTATIONS
AND WARRANTIES

     

    Each of
the Parent and the Borrower represents and warrants to the Administrative Agent
and the Lenders that:

     

    5.01 Organization;
Powers.  Each of the Parent and its Subsidiaries is duly
organized, validly existing and in good standing under the Laws of the
jurisdiction of its organization, has all requisite power and authority to carry
on its business as now conducted and, except where the failure to do so,
individually or in the aggregate, could not reasonably be expected to result in
a

     

    
      
         

      

      
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    Material
Adverse Effect, is qualified to do business in, and is in good standing in,
every jurisdiction where such qualification is required.

     

    5.02 Authorization;
Enforceability.  The transactions contemplated hereby to be
entered into by each Loan Party are within such Loan Party’s corporate powers
and have been duly authorized by all necessary corporate and, if required,
stockholder action.  This Agreement has been duly executed and
delivered by the Parent and the Borrower and constitutes, and each other Loan
Document to which any Loan Party is to be a party, when executed and delivered
by such Loan Party, will constitute, a legal, valid and binding obligation of
the Parent, the Borrower or such other Loan Party (as the case may be),
enforceable in accordance with its terms, subject to applicable bankruptcy,
insolvency, reorganization, moratorium or other laws affecting creditors’ rights
generally and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law.

     

    5.03 Governmental Approvals; No
Conflicts.  The transactions contemplated hereby (a) do not
require any consent or approval of, registration or filing with, or any other
action by, any Governmental Authority, except such as have been obtained or made
and are in full force and effect, (b) will not violate any material applicable
Law or the charter, by-laws or other Organization Documents of the Parent or any
Subsidiary or any order of any Governmental Authority, (c) will not violate or
result in a default under any material indenture, agreement or other material
instrument binding upon the Parent or any Subsidiary or its assets, or give rise
to a right thereunder to require any payment to be made by the Parent or any
Subsidiary, and (d) will not result in the creation or imposition of any Lien on
any asset of the Parent or any Subsidiary pursuant to the terms of such material
indenture, agreement or other material instrument.

     

    5.04 Financial Condition; No Material
Adverse Change.

     

    (a) The
Parent has heretofore furnished to the Lenders its consolidated balance sheet
and statements of income, stockholders equity and cash flows (i) as of and for
the fiscal year ended December 31, 2009, reported on by Deloitte & Touche
LLP, independent public accountants, and (ii) as of and for the fiscal quarter
and the portion of the fiscal year ended March 31, 2010, certified by its chief
financial officer.  Such financial statements present fairly, in all
material respects, the financial position and results of operations and cash
flows of the Parent and its consolidated Subsidiaries as of such dates and for
such periods in accordance with GAAP, subject to year-end audit adjustments and
the absence of footnotes in the case of the statements referred to in clause
(ii) above.

     

    (b) Since
December 31, 2009, there has not occurred any event or change that, individually
or in the aggregate, has had or could reasonably be expected to have a Material
Adverse Effect.

     

    5.05 Properties.

     

    (a) Each of
the Parent and its Subsidiaries has good title to, or valid leasehold interests
in, all its real and personal property material to its business, except for
minor defects in title that do not interfere with its ability to conduct its
business as currently conducted or to utilize such properties for their intended
purposes and except where the failure to have such

     

    
      
         

      

      
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    good
title or valid leasehold interests, individually or in the aggregate, would not
reasonably be expected to result in a Material Adverse Effect.

     

    (b) Each of
the Parent and its Subsidiaries owns, or is licensed to use, all trademarks,
tradenames, copyrights, patents and other intellectual property material to its
business, and the use thereof by the Parent and its Subsidiaries does not
infringe upon the rights of any other Person, except for any such infringements
that, individually or in the aggregate, would not reasonably be expected to
result in a Material Adverse Effect.

     

    5.06 Litigation and Environmental
Matters.

     

    (a) There are
no actions, suits or proceedings (including investigative proceedings) by or
before any arbitrator or Governmental Authority pending against or, to the
knowledge of the Parent or the Borrower, threatened against or affecting the
Parent or any Subsidiary, that would reasonably be expected, individually or in
the aggregate, to result in a Material Adverse Effect (other than the Disclosed
Matters).

     

    (b) Except
for the Disclosed Matters and except with respect to any other matters that,
individually or in the aggregate, would not reasonably be expected to result in
a Material Adverse Effect, neither the Parent nor any Subsidiary (i) has failed
to comply with any Environmental Law or to obtain, maintain or comply with any
permit, license or other approval required under any Environmental Law, (ii) has
become subject to any Environmental Liability or (iii) has received notice of
any claim with respect to any Environmental Liability.

     

    5.07 Compliance with Laws; Absence of
Default.  Each of the Parent and its  Subsidiaries is
in compliance with all Laws applicable to it or its property, except where the
failure to do so, individually or in the aggregate, would not reasonably be
expected to result in a Material Adverse Effect.  No Default has
occurred and is continuing.

     

    5.08 Investment Company
Status.  Neither the Parent nor any Subsidiary is an
“investment company” as defined in, or subject to regulation under, the
Investment Company Act of 1940.

     

    5.09 Taxes.  Each of the
Parent and its Subsidiaries has timely filed or caused to be filed all Tax
returns and reports required to have been filed and has paid or caused to be
paid all Taxes required to have been paid by it, except (a) Taxes that are being
contested in good faith by appropriate proceedings and for which the Parent or
such Subsidiary, as applicable, has set aside on its books adequate reserves or
(b) to the extent that the failure to do so would not reasonably be expected to
result in a Material Adverse Effect.

     

    5.10 ERISA.  No ERISA
Event has occurred or is reasonably expected to occur that, when taken together
with all other such ERISA Events for which liability is reasonably expected to
occur, would reasonably be expected to result in a Material Adverse
Effect.  The present value of all accumulated benefit obligations
under each Pension Plan (based on the assumptions used for purposes of Statement
of Financial Accounting Standards No. 87) did not, as of the date of the most
recent financial statements reflecting such amounts, exceed the fair market
value of the assets of such Pension Plan, and the present value of all
accumulated benefit obligations of all underfunded Pension Plans (based on the
assumptions used for purposes of Statement of

     

    
      
         

      

      
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    Financial
Accounting Standards No. 87) did not, as of the date of the most recent
financial statements reflecting such amounts, exceed the fair market value of
the assets of all such underfunded Pension Plans, in each case, by an amount
that has had, or would reasonably be expected to have, a Material Adverse
Effect.

     

    5.11 Disclosure.  Neither
the Marketing Information nor any of the other reports, financial statements,
certificates or other information furnished by or on behalf of the Parent or the
Borrower to the Administrative Agent or any Lender in connection with the
negotiation of this Agreement or delivered on or prior to the Closing Date
hereunder (as modified or supplemented by other information so furnished)
contains any material misstatement of fact or omits to state any material fact
necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading; provided that, with respect to
projected financial information, the Parent and the Borrower represent only that
such information was prepared in good faith based upon assumptions believed to
be reasonable at the time.

     

    5.12 Subsidiaries.  Schedule 5.12 sets
forth the name and jurisdiction of organization of, and the direct or indirect
ownership interest of the Parent in, each Subsidiary, and identifies each
Subsidiary that is a Guarantor, in each case as of the Closing
Date.

     

    5.13 Solvency.  Immediately
after the consummation of the transactions to occur on the Closing Date, (a) the
fair value of the assets of each Loan Party, at a fair valuation, will exceed
its debts and liabilities, subordinated, contingent or otherwise; (b) the
present fair saleable value of the property of each Loan Party will be greater
than the amount that will be required to pay the probable liability of its debts
and other liabilities, subordinated, contingent or otherwise, as such debts and
other liabilities become absolute and matured; (c) each Loan Party will be able
to pay its debts and liabilities, subordinated, contingent or otherwise, as such
debts and liabilities become absolute and matured; (d) each Loan Party will not
have unreasonably small capital with which to conduct the business in which it
is engaged as such business is now conducted and is proposed to be conducted
following the Closing Date; (e) no Loan Party, by reason of actual or
anticipated financial difficulties, has commenced or intends to commence
negotiations with one or more of its creditors with a view to rescheduling any
of its Indebtedness; and (f) no moratorium has been declared and, in the opinion
of the Parent and the Borrower, no moratorium is reasonably likely to be
declared in the foreseeable future, in each case, in respect of any Indebtedness
of any Loan Party.

     

    5.14 Use of Proceeds. No Loan Party is
engaged, and none of them will engage, principally or as one of its important
activities, in the business of purchasing or carrying margin stock (within the
meaning of Regulation U issued by the FRB), or extending credit for the purpose
of purchasing or carrying margin stock.

     

    5.15 Pari Passu.  The
Obligations rank at least pari passu with all other unsecured Indebtedness of
the Loan Parties.

     

    
      
         

      

      
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    ARTICLE
VI.

    AFFIRMATIVE
COVENANTS

     

    So long
as any Lender shall have any Commitment hereunder or any Loan or other
Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit
shall remain outstanding, the Parent and the Borrower covenant and agree with
the Lenders that:

     

    6.01 Financial Statements; Ratings Change
and Other Information.  The Parent will furnish to the
Administrative Agent and each Lender:

     

    (a) as soon
as available and in any event within 120 days (or, if earlier, the date that is
fifteen (15) days after the reporting date for such information required by the
SEC) after the end of each fiscal year of the Parent, its audited consolidated
balance sheet and related statements of operations, stockholders’ equity and
cash flows as of the end of and for such year, setting forth in each case in
comparative form the figures for the previous fiscal year, all reported on by
Deloitte & Touche LLP or other independent public accountants of recognized
national standing (without a “going concern” or like qualification or exception
and without any material qualification or exception as to the scope of such
audit) to the effect that such consolidated financial statements present fairly
in all material respects the financial condition and results of operations of
the Parent and its consolidated Subsidiaries on a consolidated basis in
accordance with GAAP consistently applied;

     

    (b) as soon
as available and in any event within 60 days (or, if earlier, the date that is
fifteen (15) days after the reporting date for such information required by the
SEC) after the end of each of the first three fiscal quarters of each fiscal
year of the Parent, its consolidated balance sheet and related statements of
operations, stockholders’ equity and cash flows as of the end of and for such
fiscal quarter and the then elapsed portion of the fiscal year, setting forth in
each case in comparative form the figures for the corresponding period or
periods of (or, in the case of the balance sheet, as of the end of) the previous
fiscal year, all certified by a Financial Officer of the Parent as presenting
fairly in all material respects the financial condition and results of
operations of the Parent and its consolidated Subsidiaries on a consolidated
basis in accordance with GAAP consistently applied, subject to normal year-end
audit adjustments and the absence of footnotes;

     

    (c) concurrently
with any delivery of financial statements under clause (a) or (b) above, a
Compliance Certificate executed by a Financial Officer of the Parent (i)
certifying as to whether a Default that has not been disclosed in any prior
Compliance Certificate (unless such Default exists anew or continues to exist at
such time, in which case it shall be included on such Compliance Certificate)
has occurred and, if such Default has occurred or exists, specifying the details
thereof and any action taken or proposed to be taken with respect thereto, (ii)
setting forth reasonably detailed calculations of the financial covenants set
forth in, and demonstrating compliance with, Sections 7.08(a) and
(b), (iii)
stating whether any Material Acquisition has occurred during the period covered
by such financial statements and, if so, setting forth the changes to the
amounts referred to in Section 7.05(d) as a
result of each such Material Acquisition, and a reasonably detailed explanation
of the calculation of such changes and (iv) stating whether any change in GAAP
or in the application thereof that has not been disclosed in any prior
Compliance Certificate has occurred since the date of the audited financial
statements

     

    
      
         

      

      
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    referred
to in Section
5.04 that would be relevant in the calculation of any of the financial
covenants set forth in Sections 7.08(a) and
(b) and, if any
such change has occurred, specifying the effect of such change on the financial
statements accompanying such certificate;

     

    (d) concurrently
with any delivery of financial statements under clause (a) above, a report from
the accounting firm that reported on such financial statements, stating that (i)
the financial information in the certificate prepared by a Financial Officer of
the Parent pursuant to clause (c) above has been accurately extracted from the
sources identified therein and, where applicable, agrees with the underlying
accounting records, (ii) the calculations of the financial covenants in Sections 7.08(a) and
(b) set forth
in such certificate are arithmetically correct and (iii) the financial
information set forth in such certificate is, as to elements and composition,
presented in accordance with the relevant accounting definitions set forth in
Section
1.01;

     

    (e) promptly
after the same become publicly available, copies of all periodic and other
reports, proxy statements and other materials filed by the Parent or any
Subsidiary with the SEC, or any Governmental Authority succeeding to any or all
of the functions of said Commission, or with any national securities exchange,
or distributed by the Parent to its shareholders generally, as the case may
be;

     

    (f) promptly
after S&P or Moody’s shall have announced a change in the Debt Rating,
written notice of such change;

     

    (g) promptly
following a request by any Lender, all documentation and other information that
such Lender reasonably requests in order to comply with its ongoing obligations
under applicable “know your customer” and anti-money laundering rules and
regulations, including the USA Patriot Act; and

     

    (h) promptly
following any request therefor, such other information regarding the operations,
business affairs and financial condition of the Parent or any Subsidiary, or
compliance with the terms of this Agreement, as the Administrative Agent or any
Lender may reasonably request.

     

    Documents
required to be delivered pursuant to Section 6.01(a),
(b) or (e) (to the extent
any such documents are included in materials otherwise filed with the SEC) may
be delivered electronically and if so delivered, shall be deemed to have been
delivered on the date (i) on which the Parent or the Borrower posts such
documents, or provides a link thereto on the Parent’s or the Borrower’s website
on the Internet at the website address listed on Schedule 10.02; or
(ii) on which such documents are posted on the Parent’s or the Borrower’s behalf
on an Internet or intranet website, if any, to which each Lender and the
Administrative Agent have access (whether a commercial, third-party website or
whether sponsored by the Administrative Agent); provided that: (i)
the Parent or the Borrower, as applicable, shall deliver paper copies of such
documents to the Administrative Agent or any Lender upon the written request of
such Person and until a written request to cease delivering paper copies is
given by such Person and (ii) the Parent or the Borrower, as applicable, shall
notify the Administrative Agent and each Lender (by telecopier or electronic
mail) of the posting of any such documents and provide to the Administrative
Agent by electronic mail electronic versions (i.e., soft copies) of such
documents.  Notwithstanding anything contained herein, in every
instance the Parent and the Borrower shall

    
      
         

      

      
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    be
required to provide paper copies of the Compliance Certificates required by
Section 6.01(c)
to the Administrative Agent.  Except for such Compliance Certificates,
the Administrative Agent shall have no obligation to request the delivery or to
maintain copies of the documents referred to above, and in any event shall have
no responsibility to monitor compliance by the Parent or the Borrower with any
such request for delivery, and each Lender shall be solely responsible for
requesting delivery to it or maintaining its copies of such
documents.

    

    Each of
the Parent and the Borrower hereby acknowledges that (a) the Administrative
Agent and/or one or more of the Book Managers will make available to the Lenders
and the L/C Issuer materials and/or information provided by or on behalf of the
Parent or the Borrower, as applicable, hereunder (collectively, “Parent and Borrower
Materials”) by posting the Parent and Borrower Materials on IntraLinks or
another similar electronic system (the “Platform”) and (b)
certain of the Lenders (each, a “Public Lender”) may
have personnel who do not wish to receive material non-public information with
respect to the Parent, the Borrower or their respective Affiliates, or the
respective securities of any of the foregoing, and who may be engaged in
investment and other market-related activities with respect to such Persons’
securities.  Each of the Parent and the Borrower hereby agrees that
(w) all Parent and Borrower Materials that are to be made available to Public
Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum,
shall mean that the word “PUBLIC” shall appear prominently on the first page
thereof; (x) by marking Parent and Borrower Materials “PUBLIC,” the Parent and
the Borrower shall be deemed to have authorized the Administrative Agent, the
Book Managers, the L/C Issuer and the Lenders to treat such Parent and Borrower
Materials as not containing any material non-public information with respect to
the Parent, the Borrower or their respective securities for purposes of United
States Federal and state securities laws (provided that to the extent such
Parent and Borrower Materials constitute Information, they shall be treated as
set forth in Section
10.07); (y) all Parent and Borrower Materials marked “PUBLIC” are
permitted to be made available through a portion of the Platform designated
“Public Side Information”; and (z) the Administrative Agent and the Book
Managers shall be entitled to treat any Parent and Borrower Materials that are
not marked “PUBLIC” as being suitable only for posting on a portion of the
Platform not designated “Public Side Information”.  Notwithstanding
the foregoing, the Borrower shall not be under any obligation to mark any
Borrower Materials “PUBLIC.”

    

    6.02 Notices of Material
Events.  The Parent or the Borrower will furnish to the
Administrative Agent and each Lender prompt written notice of the
following:

     

    (a) the
occurrence of any Default;

     

    (b) the
filing or commencement of any action, suit or proceeding by or before any
arbitrator or Governmental Authority against or affecting the Borrower or any
Affiliate thereof that would reasonably be expected to result in a Material
Adverse Effect;

     

    (c) the
occurrence of any ERISA Event that, alone or together with any other ERISA
Events that have occurred, would reasonably be expected to result in a Material
Adverse Effect; and

     

    
      
         

      

      
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    (d) any other
development that results in, or could reasonably be expected to result in, a
Material Adverse Effect.

     

    Each
notice delivered under this Section shall be accompanied by a statement of a
Financial Officer or other Responsible Officer of the Parent or the Borrower
setting forth the details of the event or development requiring such notice and
any action taken or proposed to be taken with respect thereto.

     

    6.03 Existence; Conduct of
Business.

     

    (a) The
Parent and the Borrower will, and will cause each of the other Loan Parties to,
do or cause to be done all things necessary to preserve, renew and keep in full
force and effect its legal existence and the rights, licenses, permits,
privileges and franchises material to the conduct of its business; provided that the
foregoing shall not prohibit any merger, consolidation, liquidation or
dissolution permitted under Section
7.04.

     

    (b) The
Parent and the Borrower will, and will cause each of the other Subsidiaries to,
continue to engage (including after giving effect to any acquisition) only in a
business of the type that does not represent a fundamental change in the
character of the business of the Parent and its Subsidiaries, taken as a whole,
conducted by the Parent and its Subsidiaries on the date of execution of this
Agreement, and businesses reasonably related thereto.

     

    6.04 Payment of
Taxes.  The Parent and the Borrower will, and will cause each
of the other Subsidiaries to, pay its Tax liabilities before the same shall
become delinquent or in default, except where (a) the validity or amount thereof
is being contested in good faith by appropriate proceedings and for which the
Parent or such Subsidiary has set aside on its books adequate reserves with
respect thereto in accordance with GAAP or (b) the failure to make payment would
not reasonably be expected to result in a Material Adverse Effect.

     

    6.05 Maintenance of Properties;
Insurance.  The Parent and the Borrower will, and will cause
each of the other Subsidiaries to, (a) keep and maintain all property material
to the conduct of its business in good working order and condition, ordinary
wear and tear excepted, and (b) maintain in full force and effect, with
insurance companies that the Parent and the Borrower believe (in the good faith
judgment of the management of the Parent and the Borrower) are financially sound
and responsible at the time the relevant coverage is placed or renewed,
insurance in at least such amounts and against at least such risks (and with
such risk retentions) as are usually insured against in the same general area by
companies engaged in the same or a similar business.

     

    6.06 Books and Records; Inspection
Rights.  The Parent and the Borrower will, and will cause each
of the other Subsidiaries to, keep proper books of record and account in which
full, true and correct entries are made in all material respects of all dealings
and transactions in relation to its business and activities.  The
Parent will, and will cause each of its Subsidiaries to, permit any
representatives designated by the Administrative Agent or any Lender, upon
reasonable prior notice, to visit and inspect its properties, to examine and
make extracts from its books and records, and to discuss its affairs, finances
and condition with its officers and independent accountants, all at such
reasonable times and as often as reasonably requested.

     

    
      
         

      

      
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    6.07 Compliance with
Laws.  The Parent and the Borrower will, and will cause each of
the other Subsidiaries to, comply with all Laws, rules, regulations and orders
of any Governmental Authority applicable to it or its property, except where the
failure to do so, individually or in the aggregate, would not reasonably be
expected to result in a Material Adverse Effect.

     

    6.08 Use of
Proceeds.  The proceeds of the Loans and any other Credit
Extension will be available for working capital, capital expenditures, permitted
acquisitions and other lawful corporate purposes.  Notwithstanding
anything to the contrary in this Section or in any other Loan Document, the
Parent and the Borrower agree that they will ensure, and will cause their
Subsidiaries to ensure, that no part of the proceeds of any Loan will be used,
whether directly or indirectly, and whether immediately, incidentally or
ultimately, to purchase or carry margin stock (within the meaning of Regulation
U of the FRB) or to extend credit to others for the purpose of purchasing or
carrying margin stock or to refund indebtedness originally incurred for such
purpose.

     

    6.09 Cash Collateralization of Extended
Letters of Credit.  The Borrower shall provide Cash Collateral
(in an amount equal to 105% of the maximum face amount of each Extended Letter
of Credit, calculated in accordance with Section 1.09) to the
L/C Issuer with respect to each Extended Letter of Credit issued by such L/C
Issuer by a date that is no later than the earlier to occur of (a) the date any
Letter of Credit constitutes an Extended Letter of Credit or (b) the date that
is five Business Days prior to the Maturity Date; provided that if the
Borrower fails to provide Cash Collateral with respect to any such Extended
Letter of Credit by such time, such event shall be treated as a drawing under
such Extended Letter of Credit (in an amount equal to 105% of the maximum face
amount of each such Letter of Credit, calculated in accordance with Section 1.09), which
shall be reimbursed (or participations therein funded) in accordance with Section 2.03(c), with
the proceeds being utilized to provide Cash Collateral for such Extended Letter
of Credit.

     

    ARTICLE
VII.

    NEGATIVE
COVENANTS

     

    So long
as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall
remain outstanding, the Parent and the Borrower covenant and agree with the
Lenders that:

     

    7.01 Subsidiary
Indebtedness.  The Parent will not permit any Subsidiary that
is not a Loan Party to create, incur, assume or permit to exist any Indebtedness
(including pursuant to any Guarantee of Indebtedness of the Parent or another
Subsidiary), except:

     

    (a) Indebtedness
owing to the Parent or another Subsidiary;

     

    (b) Guarantees
of Indebtedness of another Subsidiary that is not a Loan Party, to the extent
such Indebtedness is permitted by this Section
7.01;

     

    (c) Indebtedness
of any Person that becomes a Subsidiary after the date hereof; provided that (i)
such Indebtedness exists at the time such Person becomes a Subsidiary and is not
created in contemplation of or in connection with such Person becoming a
Subsidiary and

     

    
      
         

      

      
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    (ii) such
Indebtedness shall not be Guaranteed by the Parent or any other Subsidiary,
except Indebtedness that, in the aggregate, but without duplication, does not
exceed $25,000,000 may be Guaranteed;

     

    (d) Indebtedness
incurred to finance the acquisition, construction or improvement of any fixed or
capital assets, including Capital Lease Obligations and any Indebtedness assumed
in connection with the acquisition of any such assets or secured by a Lien on
any such assets prior to the acquisition thereof, and extensions, renewals and
replacements of any such Indebtedness that do not increase the outstanding
principal amount thereof; provided that (i)
such Indebtedness is incurred prior to or within 180 days after such acquisition
or the completion of such construction or improvement and (ii) the aggregate
principal amount of Indebtedness permitted by this clause (d) shall not exceed
$25,000,000 at any time outstanding;

     

    (e) Indebtedness
incurred in relation to arrangements made in the ordinary course of business to
facilitate the operation of bank accounts on a net balance basis;

     

    (f) short
term Indebtedness from banks incurred in the ordinary course of business
pursuant to a facility required in order to comply with rules and regulations
issued from time to time by regulatory authorities; provided that such
compliance is required for the applicable Subsidiary to remain licensed to
conduct its business;

     

    (g) other
Indebtedness in an aggregate principal amount (for all such Subsidiaries
combined, but without duplication) not exceeding $100,000,000 at any time
outstanding; and

     

    (h) Indebtedness
consisting solely of Liens permitted under Section 7.02(i) so
long as no holder of any such Indebtedness has any recourse with respect thereto
to the Parent or any of its Subsidiaries, or their assets, beyond the assets
subject to such Liens.

     

    7.02 Liens.  The Parent
and the Borrower will not, and will not permit any other Subsidiary to, create,
incur, assume or permit to exist any Lien on any property or asset now owned or
hereafter acquired by it, or assign or sell any income or revenues (including
accounts receivable) or rights in respect of any thereof, except:

     

    (a) Permitted
Encumbrances;

     

    (b) any Lien
on any property or asset of the Parent or any Subsidiary existing on the date
hereof and set forth in Schedule 7.02; provided that (i)
such Lien shall not apply to any other property or asset of the Parent or any
Subsidiary and (ii) such Lien shall secure only those obligations which it
secures on the date hereof and extensions, renewals and replacements thereof
that do not increase the outstanding principal amount thereof;

     

    (c) any Lien
existing on any property or asset prior to the acquisition thereof by the Parent
or any Subsidiary after the date hereof or existing on any property or asset of
any Person that becomes a Subsidiary after the date hereof prior to the time
such Person becomes a Subsidiary; provided that (i)
such Lien is not created in contemplation of or in connection with such
acquisition or such Person becoming a Subsidiary, as the case may be, (ii) such
Lien shall not apply to any other property or assets of the Parent or any
Subsidiary and (iii) such Lien shall secure only those obligations which it
secures on the date of such acquisition or the date such

     

    
      
         

      

      
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    Person
becomes a Subsidiary, as the case may be, and extensions, renewals and
replacements thereof that do not increase the outstanding principal amount
thereof;

     

    (d) Liens on
fixed or capital assets acquired, constructed or improved by the Parent or any
Subsidiary; provided that (i)
such security interests secure only Indebtedness incurred to finance the
acquisition, construction or improvement of such fixed or capital assets
(including Capital Lease Obligations and any Indebtedness assumed in connection
with the acquisition of such assets) and extensions, renewals and replacements
thereof that do not increase the outstanding principal amount thereof, (ii) such
security interests and the Indebtedness secured thereby are incurred prior to or
within 180 days after such acquisition or the completion of such construction or
improvement, (iii) the Indebtedness secured thereby does not exceed the cost of
acquiring, constructing or improving such fixed or capital assets and (iv) such
security interests shall not apply to any other property or assets of the Parent
or any Subsidiary;

     

    (e) charges
or Liens in favor of a regulatory authority or a third party, in each case, as
contemplated by the rules or regulations issued by a regulatory authority and
with which the applicable Subsidiary is required to comply in order to remain
licensed to conduct its business;

     

    (f) Liens
over credit balances created in favor of any bank in order to facilitate the
operation of bank accounts on a net balance basis or in connection with any BACS
facility used in the ordinary course of business;

     

    (g) Liens
comprised by escrow arrangements entered into in connection with asset sales,
transfers or other dispositions permitted by Section 7.04;
and

     

    (h) other
Liens; provided
that the sum of the aggregate principal amount of obligations secured by such
Liens plus the
aggregate amount of Attributable Indebtedness in respect of sale and leaseback
transactions permitted by Section 7.05(c) shall
not, at any time, exceed 10% of Net Worth.

     

    7.03 Investments.  The
Parent and the Borrower will not, and will not permit any other Subsidiary to,
make or hold any Investments, except:

     

    (a) Investments
held by the Parent and its Subsidiaries in the form of cash
equivalents;

     

    (b) advances
to officers, directors and employees of the Parent and its Subsidiaries made in
the ordinary course or business, consistent with past practice, and in
compliance with Laws, for travel, entertainment, relocation and analogous
ordinary business purposes;

     

    (c) Investments
by the Parent and its Subsidiaries in the Parent or other Subsidiaries (provided that if such
Investments are in the form of Indebtedness owing by any Loan Party to any
Subsidiary that is not a Loan Party, then any such Indebtedness in excess of
$100,000,000 in the aggregate at any time outstanding shall be expressly
subordinated to the Obligations);

     

    (d) Investments
consisting of extensions of credit in the nature of accounts receivable or notes
receivable arising from the grant of trade credit in the ordinary course of
business, and

     

    
      
         

      

      
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    Investments
received in satisfaction or partial satisfaction thereof from financially
troubled account debtors to the extent reasonably necessary in order to prevent
or limit loss;

     

    (e) Guarantees
permitted by Section
7.01;

     

    (f) Investments
existing on the date hereof (other than those referred to in Section 7.03(c)) and
set forth on Schedule
7.03;

     

    (g) Investments
by WSI in any Underwritten Securities in the ordinary course of WSI’s business
in an aggregate amount not to exceed $300,000,000 at any one time
outstanding;

     

    (h) other
Investments (including Permitted Acquisitions) not exceeding $50,000,000 in the
aggregate in any fiscal year of the Parent; provided that
Investments under this Section 7.03(h) shall
be permitted in an unlimited amount so long as, both before and after giving
effect to any such Investment (and any Indebtedness incurred or repaid in
connection therewith), the pro
forma Consolidated Leverage Ratio is no greater than 2.50 to 1.00;
and

     

    (i) Investments
in Topco consisting of purchases of Equity Interests of Topco held by past,
present or future officers, directors and employees of Topco and its
Subsidiaries and any relatives of the forgoing and any entities controlled
thereby, so long as such repurchase is required to be made in connection with a
termination of the applicable officer, director or employee pursuant to, and is
made in accordance with the terms of, applicable management and/or employee
stock plans, stock subscription agreements or shareholders
agreements.

     

    7.04 Fundamental
Changes.  The Parent and the Borrower will not, and will not
permit any other Loan Party to, either (x) merge into or consolidate with any
other Person, or permit any other Person to merge into or consolidate with it,
or (y) liquidate or dissolve, except that, if at the time thereof and
immediately after giving effect thereto no Default shall have occurred and be
continuing and, in the event such merger or consolidation is in connection with
an Investment (including a Permitted Acquisition), the Investment is permitted
by Section
7.03:

     

    (a) any
Subsidiary may merge with or into the Parent, the Borrower or any other Loan
Party in a transaction in which the Parent, the Borrower or such Loan Party, as
the case may be, is the surviving entity; provided that (i) the
Parent and the Borrower will not merge with or into each other and (ii) if the
Parent or the Borrower merges with any other Loan Party, the Parent or the
Borrower, as the case may be, must be the surviving entity; and

     

    (b) any
Person may merge with or into the Parent, the Borrower or any other Loan Party
in a transaction in which the Parent, the Borrower or such Loan Party, as the
case may be, is not the surviving entity; provided that (i) the Person formed by
or surviving any such merger or consolidation shall be a corporation organized
or existing under the laws of the United States, any state thereof, the District
of Columbia or any territory thereof or, in the case of a merger or
consolidation involving the Parent, the laws of the jurisdiction in which the
Parent is organized (such Person being herein referred to as the “Successor Entity”),
(ii) the Successor Entity shall expressly assume all the obligations of the
Parent, the Borrower or the applicable Loan Party, as the case may be, under the
Loan Documents to which the Parent, the Borrower or such Loan Party, as
applicable, is a party, pursuant to a supplement hereto or thereto in form
reasonably

     

    
      
         

      

      
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    satisfactory
to the Administrative Agent, (iii) if such merger or consolidation involves the
Borrower, then each Guarantor, unless it is the other party to such merger or
consolidation, shall have (by a supplement to the Guaranty Agreement) confirmed
that its Guarantee shall apply to all of the Successor Entity’s obligations
under this Agreement, (iv) if requested by the Administrative Agent, the
Administrative Agent shall have received an opinion of counsel reasonably
satisfactory to the Administrative Agent to the effect that the applicable Loan
Documents are legal, valid, binding and enforceable obligations of the Successor
Entity and (v) this clause (b) shall not be construed to permit the Borrower to
merge with or into the Parent.

     

    In the
case of any such merger of the Parent or the Borrower in accordance with clause
(b) above, the Successor Entity shall be deemed to be the Parent or the
Borrower, as applicable, for all purposes of the Loan
Documents.  Notwithstanding anything to the contrary herein, the
Parent will not engage, and will not permit the Borrower to engage, in any
transaction that would reduce the percentage of Equity Interests owned by the
Parent in the Borrower, except for (x) sales, transfers and other disposals of
such Equity Interests to directors, officers or employees of the Borrower
pursuant to any employee stock ownership plan or similar plan for the benefit of
directors, officers or employees of the Borrower and (y) the issuance of such
Equity Interests as consideration for any acquisition from a third party; provided that
following any such issuance of Equity Interests to a third party, no Change in
Control shall have occurred and the majority of the seats (other than vacant
seats) on the board of directors of the Borrower shall be occupied by Persons
nominated by the board of directors of the Borrower or the Parent or appointed
by directors so nominated.

     

    7.05 Asset Sales.  The
Parent and the Borrower will not, and will not permit any other Subsidiary to,
Dispose of any asset, including any Equity Interest owned by it,
except:

     

    (a) Dispositions
in the ordinary course of business;

     

    (b) Dispositions
to the Parent or a Subsidiary;

     

    (c) Dispositions
pursuant to sale and leaseback transactions permitted by Section
7.06(a);

     

    (d) Dispositions
of assets that are not permitted by any other clause of this Section 7.05; provided that the
aggregate fair market value of all assets sold, transferred or otherwise
disposed in reliance upon this clause (d) shall not exceed $1,100,000,000 during
any fiscal year and shall not exceed $2,750,000,000 during the period from and
including the Closing Date to but excluding the Maturity Date; provided further that
in the event, and on each occasion, that any Material Acquisition is consummated
after the Closing Date, each of the two amounts set forth in the immediately
preceding proviso shall be increased by an amount equal to 25% of the value of
the assets acquired pursuant to such Material Acquisition (valued based upon the
amount at which such assets would be reflected on a balance sheet of the Parent
and its  Subsidiaries prepared on a consolidated basis in accordance
with GAAP after giving effect to such Material Acquisition); and

     

    (e) Dispositions
of Equity Interests or other interests in Topco to members of management of
Topco under contractual arrangements existing on the Closing Date.

     

    
      
         

      

      
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    provided that all
Dispositions permitted hereby (other than those permitted by clause (a) or (b)
above) shall be made for full fair value and on an arm’s length basis, as
reasonably determined in good faith by the Parent or the Borrower, taking into
account all relevant considerations.  Any merger or consolidation of a
Subsidiary with or into any other Person that results in such Subsidiary ceasing
to be a Subsidiary or the Parent owning a reduced percentage of the Equity
Interests in such Subsidiary shall, in each case, be treated as a Disposition of
such Subsidiary (or the relevant portion thereof) for purposes of this Section
7.05.

     

    7.06 Sale and Leaseback
Transactions.  The Parent and the Borrower will not, and will
not permit any other Subsidiary to, enter into any arrangement, directly or
indirectly, whereby it shall sell or transfer any property, real or personal,
used or useful in its business, whether now owned or hereinafter 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 sold or
transferred, except:

     

    (a) any such
sale of any fixed or capital assets that is made for cash consideration in an
amount not less than the cost of such fixed or capital asset and is consummated
within 180 days after the Parent or such Subsidiary acquires or completes the
construction of such fixed or capital asset;

     

    (b) any such
sale of the property listed on Schedule
7.06;

     

    (c) any other
such sale if, after giving effect thereto, the Attributable Debt in respect of
the applicable sale and leaseback transaction is within the limits set forth in
Section 7.02(h)
(after giving effect to all such sale and leaseback transactions and applicable
Liens).

     

    7.07 Restricted
Payments.  The Parent and the Borrower will not, and will not
permit any other Subsidiary to, declare or make, directly or indirectly, any
Restricted Payment, or incur any obligation (contingent or otherwise) to do so,
except that, so long as no Default shall have occurred and be continuing at the
time of any action described below or would result therefrom:

     

    (a) each
Subsidiary may make Restricted Payments to the Parent or another Subsidiary, and
any other Person that owns an Equity Interest in such Subsidiary, ratably
according to their respective holdings of the type of Equity Interest in respect
of which such Restricted Payment is being made;

     

    (b) the
Parent and each Subsidiary may declare and make dividend payments or other
distributions payable solely in the common stock or other common Equity
Interests of such Person;

     

    (c) the
Parent and each Subsidiary may purchase, redeem or otherwise acquire Equity
Interests issued by it with the proceeds received from the substantially
concurrent issue of new shares of its common stock or other common Equity
Interests;

     

    (d) the
Parent may declare or pay ordinary (as opposed to special) cash dividends to its
stockholders in the ordinary course of business;

     

    
      
         

      

      
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    (e) the
Parent and its Subsidiaries may make other Restricted Payments that are not
otherwise permitted in any other clause of this Section 7.07 in an
aggregate amount in any fiscal year of the Parent not to exceed the sum of (i)
$50,000,000 plus (ii) up to $25,000,000 of the amount available pursuant to
clause (i) above for the preceding fiscal year, but unused in such fiscal year
(the amounts in clause (i) above being deemed to be utilized first in any fiscal
year prior to the utilization of any carryover amount provided in this clause
(ii)); and

     

    (f) the
Parent and its Subsidiaries may make other Restricted Payments that are not
otherwise permitted in any other clause of this Section 7.07 in an
unlimited amount so long as, both before and after giving effect to any such
Restricted Payment (and any Indebtedness incurred or repaid in connection
therewith), the pro
forma Consolidated Leverage Ratio is no greater than 2.50 to
1.00.

     

    7.08 Financial
Covenants.

     

    (a) Consolidated Fixed Charge
Coverage Ratio.  The Parent and the Borrower will not permit
the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter
of the Parent to be less than 1.50 to 1.00;

     

    (b) Consolidated Leverage
Ratio.  The Parent and the Borrower will not permit the
Consolidated Leverage Ratio as of the end of any fiscal quarter of the Parent
set forth below to be greater than the ratio set forth below opposite such
fiscal quarter:

     

    
      	 	
              Fiscal
      Quarters

            	
              Maximum
      Consolidated

              Leverage
      Ratio

            
	 	 	 
	 	
              Closing
      Date through the fiscal quarter ending on or closest to September 30,
      2010

            	
              3.25
      to 1.00

            
	 	 	 
	 	
              Fiscal
      quarter ending on or closest to December 31, 2010 and each fiscal quarter
      thereafter

            	
              3.00
      to 1.00

            

    

    

    ARTICLE
VIII.

    EVENTS
OF DEFAULT AND REMEDIES

     

    8.01 Events of
Default.  Any of the following shall constitute an Event of
Default:

     

    (a) Non-Payment.  Either
(i) the Borrower shall fail to pay any principal of any Loan or any L/C
Obligation 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 otherwise (including
with respect to Extended Letters of Credit after the Maturity Date) or (ii) the
Borrower shall fail to pay any interest on any Loan on any L/C Obligation, or
any fee or any other amount (other than an amount referred to in subclause (i)
of this clause (a)) payable under this Agreement, when and as the same shall
become due and payable (including with respect to Extended Letters of Credit
after the Maturity Date), and such failure shall continue unremedied for a
period of three Business Days; or

     

    
      
         

      

      
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    (b) Specific
Covenants.  The Parent or the Borrower shall fail to observe or
perform any covenant, condition or agreement contained in Section 6.02, 6.03 (with respect to
the existence of the Parent or the Borrower), 6.08 or 6.09 or in Article VII;
or

     

    (c) Other
Defaults.  Any Loan Party shall fail to observe or perform any
covenant, condition or agreement contained in any Loan Document (other than
those specified in clause (a) or (b) of this Article), and, if such failure is
capable of remedy, such failure shall continue unremedied for a period of 30
days after notice thereof from the Administrative Agent to the Borrower (which
notice will be given at the request of any Lender); or

     

    (d) Representations and
Warranties.  any representation or warranty made or deemed made
by or on behalf of the Parent, the Borrower or any other Subsidiary in or in
connection with any Loan Document or any amendment or modification thereof or
waiver thereunder, or in any report, certificate, financial statement or other
document furnished pursuant to or in connection with any Loan Document or any
amendment or modification thereof or waiver thereunder, shall prove to have been
incorrect in any material respect (or, with respect to any representation or
warranty modified by materiality or Material Adverse Effect, in any respect)
when made or deemed made; or

     

    (e) Cross-Default.  Either
(i) the Parent or any Subsidiary shall fail to make any payment (whether of
principal or interest and regardless of amount) in respect of any Material
Indebtedness or Material Swap Obligations, when and as the same shall become due
and payable, or (ii) any event or condition occurs that results in any Material
Indebtedness becoming due prior to its scheduled maturity or that enables or
permits (with or without the giving of notice, the lapse of time or both) 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; provided that this
clause (e) 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; or

     

    (f) Involuntary Insolvency
Proceedings, Etc.  An involuntary proceeding shall be commenced
or an involuntary petition shall be filed seeking (i) liquidation,
reorganization or other relief in respect of the Parent or any Subsidiary or its
debts, or of a substantial part of its assets, under any Federal, state or
foreign bankruptcy, insolvency, receivership or similar law now or hereafter in
effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator,
conservator or similar official for the Parent or any Subsidiary or for a
substantial part of its assets, and, in any such case, 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; or

     

    (g) Voluntary Insolvency
Proceedings, Etc.  The Parent or any Subsidiary shall (i)
voluntarily commence any proceeding or file any petition seeking liquidation,
reorganization or other relief under any Federal, state or foreign bankruptcy,
insolvency, receivership or similar law now or hereafter in effect, (ii) consent
to the institution of, or fail to contest in a timely and appropriate manner,
any proceeding or petition described in clause (h) of this Article, (iii) apply
for or consent to the appointment of a receiver, trustee, custodian,
sequestrator, conservator or similar official for the Parent or any Subsidiary
or for a substantial part of its assets, (iv) file an

     

    
      
         

      

      
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    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)
take any action for the purpose of effecting any of the foregoing;
or

     

    (h) Inability to Pay
Debts.  The Parent or any Subsidiary shall become unable, admit
in writing its inability or fail generally to pay its debts as they become due;
or

     

    (i) Judgments.  One
or more judgments for the payment of money in an aggregate amount in excess of
$30,000,000 (to the extent not covered by insurance provided by a carrier that
is not disputing coverage) shall be rendered against the Parent, any Subsidiary
or any combination thereof and the same shall remain unpaid or undischarged, in
each case for a period of 60 consecutive days during which period execution
shall not be effectively stayed, or any formal legal process has been commenced
by a judgment creditor to attach or levy upon any material assets of the Parent
or any Subsidiary to enforce any such judgment; or

     

    (j) ERISA.  An
ERISA Event shall have occurred that, in the opinion of the Required Lenders,
when taken together with all other ERISA Events that have occurred, would
reasonably be expected to result in a Material Adverse Effect;

     

    (k) Invalidity of Loan
Documents.  Any Loan Document, at any time after its execution
and delivery and for any reason other than as expressly permitted hereunder or
thereunder or satisfaction in full of all the Obligations, ceases to be in full
force and effect; or the Parent or any Subsidiary (including any Loan Party)
contests in any manner the validity or enforceability of any Loan Document; or
any Loan Party denies that it has any or further liability or obligation under
any Loan Document, or purports to revoke, terminate or rescind any Loan
Document; or

     

    (l) Change in
Control.  There occurs any Change in Control.

     

    8.02 Remedies Upon Event of
Default.  If any Event of Default occurs and is continuing, the
Administrative Agent shall, at the request of, or may, with the consent of, the
Required Lenders, take any or all of the following actions:

     

    (a) declare
the commitment of each Lender to make Loans and any obligation of the L/C Issuer
to make L/C Credit Extensions to be terminated, whereupon such commitments and
obligation shall be terminated;

     

    (b) declare
the unpaid principal amount of all outstanding Loans, all interest accrued and
unpaid thereon, and all other amounts owing or payable hereunder or under any
other Loan Document to be immediately due and payable, without presentment,
demand, protest or other notice of any kind, all of which are hereby expressly
waived by the Parent and the Borrower;

     

    (c) require
that the Borrower Cash Collateralize the L/C Obligations (in an amount equal to
the then Outstanding Amount thereof);

     

    (d) exercise
on behalf of itself, the Lenders and the L/C Issuer all rights and remedies
available to it, the Lenders and the L/C Issuer under the Loan
Documents;

     

    
      
         

      

      
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    provided that upon
the occurrence of an actual or deemed entry of an order for relief with respect
to the Borrower under the Bankruptcy Code of the United States, the obligation
of each Lender to make Loans and any obligation of the L/C Issuer to make L/C
Credit Extensions shall automatically terminate, and the unpaid principal amount
of all outstanding Loans and all interest and other amounts as aforesaid shall
automatically become due and payable, and the obligation of the Borrower to Cash
Collateralize the L/C Obligations as aforesaid shall automatically become
effective, in each case without further act of the Administrative Agent or any
Lender.

     

    

    8.03 Application of
Funds.  After the exercise of remedies provided for in Section 8.02 (or
after the Loans have automatically become immediately due and payable and the
L/C Obligations have automatically been required to be Cash Collateralized as
set forth in the proviso to Section 8.02), any
amounts received on account of the Obligations shall, subject to the provisions
of Sections
2.15 and 2.16, be applied by
the Administrative Agent in the following order:

     

    First, to payment of
that portion of the Obligations constituting fees, indemnities, expenses and
other amounts (including fees, charges and disbursements of counsel to the
Administrative Agent and amounts payable under Article III) payable
to the Administrative Agent in its capacity as such;

     

    Second, to payment of
that portion of the Obligations constituting fees, indemnities and other amounts
(other than principal and interest and Letter of Credit Fees) payable to the
Lenders and the L/C Issuer (including  fees, charges and disbursements
of counsel to the respective Lenders and the L/C Issuer arising under the Loan
Documents and amounts payable under Article III), ratably
among them in proportion to the respective amounts described in this clause
Second payable
to them;

     

    Third, to payment of
that portion of the Obligations constituting accrued and unpaid Letter of Credit
Fees interest on the Loans, L/C Borrowings and other Obligations, ratably among
the Lenders and the L/C Issuer in proportion to the respective amounts described
in this clause Third payable to
them;

     

    Fourth, to payment of
that portion of the Obligations constituting unpaid principal of the Loans and
L/C Borrowings, ratably among the Lenders and the L/C Issuer in proportion to
the respective amounts described in this clause Fourth held by
them;

     

    Fifth, to the
Administrative Agent for the account of the L/C Issuer, to Cash Collateralize
that portion of L/C Obligations composed of the aggregate undrawn amount of
outstanding Letters of Credit to the extent not otherwise Cash Collateralized by
the Borrower pursuant to Sections 2.03, 2.16 and/or 6.09;
and

     

    Last, the balance, if
any, after all of the Obligations have been indefeasibly paid in full, to the
Borrower or as otherwise required by Law.

     

    
      
         

      

      
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    ARTICLE
IX.

    ADMINISTRATIVE
AGENT

     

    9.01 Appointment and
Authority.  Each of the Lenders and the L/C Issuer hereby
irrevocably appoints Bank of America to act on its behalf as the Administrative
Agent hereunder and under the other Loan Documents and authorizes the
Administrative Agent to take such actions on its behalf and to exercise such
powers as are delegated to the Administrative Agent by the terms hereof or
thereof, together with such actions and powers as are reasonably incidental
thereto.  The provisions of this Article are solely for the benefit of
the Administrative Agent, the Lenders and the L/C Issuer, and neither the
Borrower nor any other Loan Party shall  have rights as a third party
beneficiary of any of such provisions.

     

    9.02 Rights as a
Lender.  The Person serving as the Administrative Agent
hereunder shall have the same rights and powers in its capacity as a Lender as
any other Lender and may exercise the same as though it were not the
Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise
expressly indicated or unless the context otherwise requires, include the Person
serving as the Administrative Agent hereunder in its individual
capacity.  Such Person and its Affiliates may accept deposits from,
lend money to, act as the financial advisor or in any other advisory capacity
for and generally engage in any kind of business with the Parent or any
Subsidiary or other Affiliate thereof as if such Person were not the
Administrative Agent hereunder and without any duty to account therefor to the
Lenders.

     

    9.03 Exculpatory
Provisions.  The Administrative Agent shall not have any duties
or obligations except those expressly set forth herein and in the other Loan
Documents.  Without limiting the generality of the foregoing, the
Administrative Agent:

     

    (a) shall not
be subject to any fiduciary or other implied duties, regardless of whether a
Default has occurred and is continuing;

     

    (b) shall not
have any duty to take any discretionary action or exercise any discretionary
powers, except discretionary rights and powers expressly contemplated hereby or
by the other Loan Documents that the Administrative Agent is required to
exercise as directed in writing by the Required Lenders (or such other number or
percentage of the Lenders as shall be expressly provided for herein or in the
other Loan Documents); provided that the
Administrative Agent shall not be required to take any action that, in its
opinion or the opinion of its counsel, may expose the Administrative Agent to
liability or that is contrary to any Loan Document or applicable Law;
and

     

    (c) shall
not, except as expressly set forth herein and in the other Loan Documents, have
any duty to disclose, and shall not be liable for the failure to disclose, any
information relating to the Parent, the Borrower or any of their respective
Affiliates that is communicated to or obtained by the Person serving as the
Administrative Agent or any of its Affiliates in any capacity.

     

    The
Administrative Agent shall not be liable for any action taken or not taken by it
(i) with the consent or at the request of the Required Lenders (or such other
number or percentage of the Lenders as shall be necessary, or as the
Administrative Agent shall believe in good faith

     

    
      
         

      

      
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    shall be
necessary, under the circumstances as provided in Sections 10.01 and
8.02) or (ii)
in the absence of its own gross negligence or willful misconduct.  The
Administrative Agent shall be deemed not to have knowledge of any Default unless
and until notice describing such Default is given to the Administrative Agent by
the Borrower, a Lender or the L/C Issuer.

     

    The
Administrative Agent shall not be responsible for or have any duty to ascertain
or inquire into (i) any statement, warranty or representation made in or in
connection with this Agreement or any other Loan Document, (ii) the contents of
any certificate, report or other document delivered hereunder or thereunder or
in connection herewith or therewith, (iii) the performance or observance of any
of the covenants, agreements or other terms or conditions set forth herein or
therein or the occurrence of any Default, (iv) the validity, enforceability,
effectiveness or genuineness of this Agreement, any other Loan Document or any
other agreement, instrument or document or (v) the satisfaction of any condition
set forth in Article
IV or elsewhere herein, other than to confirm receipt of items expressly
required to be delivered to the Administrative Agent.

     

    9.04 Reliance by Administrative
Agent.  The Administrative Agent shall be entitled to rely
upon, and shall not incur any liability for relying upon, any notice, request,
certificate, consent, statement, instrument, document or other writing
(including any electronic message, Internet or intranet website posting or other
distribution) believed by it to be genuine and to have been signed, sent or
otherwise authenticated by the proper Person.  The Administrative
Agent also may rely upon any statement made to it orally or by telephone and
believed by it to have been made by the proper Person, and shall not incur any
liability for relying thereon.  In determining compliance with any
condition hereunder to the making of a Loan, or the issuance of a Letter of
Credit, that by its terms must be fulfilled to the satisfaction of a Lender or
the L/C Issuer, the Administrative Agent may presume that such condition is
satisfactory to such Lender or the L/C Issuer unless the Administrative Agent
shall have received notice to the contrary from such Lender or the L/C Issuer
prior to the making of such Loan or the issuance of such Letter of
Credit.  The Administrative Agent may consult with legal counsel (who
may be counsel for the Borrower or the Parent), independent accountants and
other experts selected by it, and shall not be liable for any action taken or
not taken by it in accordance with the advice of any such counsel, accountants
or experts.

     

    9.05 Delegation of
Duties.  The Administrative Agent may perform any and all of
its duties and exercise its rights and powers hereunder or under any other Loan
Document by or through any one or more sub agents appointed by the
Administrative Agent.  The Administrative Agent and any such sub agent
may perform any and all of its duties and exercise its rights and powers by or
through their respective Related Parties.  The exculpatory provisions
of this Article shall apply to any such sub agent and to the Related Parties of
the Administrative Agent and any such sub agent, and shall apply to their
respective activities in connection with the syndication of the credit
facilities provided for herein as well as activities as Administrative
Agent.

     

    9.06 Resignation of Administrative
Agent.  The Administrative Agent may at any time give notice of
its resignation to the Lenders, the L/C Issuer and the Borrower.  Upon
receipt of any such notice of resignation, the Required Lenders shall have the
right, in consultation with the Borrower, to appoint a successor, which shall be
a bank with an office in the United States, or an Affiliate of any such bank
with an office in the United States.  If no such successor
shall

     

    
      
         

      

      
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    have been
so appointed by the Required Lenders and shall have accepted such appointment
within 30 days after the retiring Administrative Agent gives notice of its
resignation, then the retiring Administrative Agent may on behalf of the Lenders
and the L/C Issuer, appoint, in consultation with the Borrower, a successor
Administrative Agent meeting the qualifications set forth above; provided that if the
Administrative Agent shall notify the Borrower and the Lenders that no
qualifying Person has accepted such appointment, then such resignation shall
nonetheless become effective in accordance with such notice and (1) the retiring
Administrative Agent shall be discharged from its duties and obligations
hereunder and under the other Loan Documents and (2) all payments,
communications and determinations provided to be made by, to or through the
Administrative Agent shall instead be made by or to each Lender and the L/C
Issuer directly, until such time as the Required Lenders appoint a successor
Administrative Agent as provided for above in this Section.  Upon the
acceptance of a successor’s appointment as Administrative Agent hereunder, such
successor shall succeed to and become vested with all of the rights, powers,
privileges and duties of the retiring (or retired) Administrative Agent, and the
retiring Administrative Agent shall be discharged from all of its duties and
obligations hereunder or under the other Loan Documents (if not already
discharged therefrom as provided above in this Section).   The
fees payable by the Borrower to a successor Administrative Agent shall be the
same as those payable to its predecessor unless otherwise agreed between the
Borrower and such successor.  After the retiring Administrative
Agent’s resignation hereunder and under the other Loan Documents, the provisions
of this Article and Section 10.04 shall
continue in effect for the benefit of such retiring Administrative Agent, its
sub-agents and their respective Related Parties in respect of any actions taken
or omitted to be taken by any of them while the retiring Administrative Agent
was acting as Administrative Agent.

     

    Any
resignation by Bank of America as Administrative Agent pursuant to this Section
shall also constitute its resignation as L/C Issuer.  Upon the
acceptance of a successor’s appointment as Administrative Agent hereunder, (a)
such successor shall succeed to and become vested with all of the rights,
powers, privileges and duties of the retiring L/C Issuer, (b) the retiring L/C
Issuer shall be discharged from all of its duties and obligations hereunder or
under the other Loan Documents, and (c) the successor L/C Issuer shall issue
letters of credit in substitution for the Letters of Credit, if any, outstanding
at the time of such succession or make other arrangements satisfactory to the
retiring L/C Issuer to effectively assume the obligations of the retiring L/C
Issuer with respect to such Letters of Credit.

     

    9.07 Non-Reliance on Administrative Agent
and Other Lenders.  Each Lender and the L/C Issuer acknowledges
that it has, independently and without reliance upon the Administrative Agent or
any other Lender or any of their Related Parties 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 and the L/C Issuer
also acknowledges that it will, independently and without reliance upon the
Administrative Agent or any other Lender or any of their Related Parties 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, any other Loan Document or any related
agreement or any document furnished hereunder or thereunder.

     

    9.08 No Other Duties,
Etc.  Anything herein to the contrary notwithstanding, none of
the Lead Arranger, the Book Managers, the Syndication Agents or the
Documentation Agents

     

    
      
         

      

      
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    listed on
the cover page hereof shall have any powers, duties or responsibilities under
this Agreement or any of the other Loan Documents, except in its capacity, as
applicable, as the Administrative Agent or a Lender or the L/C Issuer hereunder
or, with respect to the Book Managers, as expressly provided
herein.

     

    9.09 Administrative Agent May File Proofs
of Claim.  In case of the pendency of any proceeding under any
Debtor Relief Law or any other judicial proceeding relative to any Loan Party,
the Administrative Agent (irrespective of whether the principal of any Loan or
L/C Obligation shall then be due and payable as herein expressed or by
declaration or otherwise and irrespective of whether the Administrative Agent
shall have made any demand on the Borrower) shall be entitled and empowered, by
intervention in such proceeding or otherwise

     

    (a) to file
and prove a claim for the whole amount of the principal and interest owing and
unpaid in respect of the Loans, L/C Obligations and all other Obligations that
are owing and unpaid and to file such other documents as may be necessary or
advisable in order to have the claims of the Lenders, the L/C Issuer and the
Administrative Agent (including any claim for the reasonable compensation,
expenses, disbursements and advances of the Lenders, the L/C Issuer and the
Administrative Agent and their respective agents and counsel and all other
amounts due the Lenders, the L/C Issuer and the Administrative Agent under Sections 2.03(h) and
(i), 2.08 and 10.04) allowed in
such judicial proceeding; and

     

    (b) to
collect and receive any monies or other property payable or deliverable on any
such claims and to distribute the same;

     

    and any
custodian, receiver, assignee, trustee, liquidator, sequestrator or other
similar official in any such judicial proceeding is hereby authorized by each
Lender and the L/C Issuer to make such payments to the Administrative Agent and,
in the event that the Administrative Agent shall consent to the making of such
payments directly to the Lenders and the L/C Issuer, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses,
disbursements and advances of the Administrative Agent and its agents and
counsel, and any other amounts due the Administrative Agent under Sections 2.08 and
10.04.

    

    Nothing
contained herein shall be deemed to authorize the Administrative Agent to
authorize or consent to or accept or adopt on behalf of any Lender or the L/C
Issuer any plan of reorganization, arrangement, adjustment or composition
affecting the Obligations or the rights of any Lender or the L/C Issuer to
authorize the Administrative Agent to vote in respect of the claim of any Lender
or the L/C Issuer in any such proceeding.

     

    9.10 Guaranty
Matters.  The Lenders and the L/C Issuer irrevocably authorize
the Administrative Agent, at its option and in its discretion, to release any
Guarantor from its obligations under the Guaranty Agreement if such Person
ceases to be a Subsidiary of the Parent as a result of a transaction permitted
hereunder.  Upon request by the Administrative Agent at any time, the
Required Lenders will confirm in writing the Administrative Agent’s authority to
release any Guarantor from its obligations under the Guaranty Agreement pursuant
to this Section
9.10.

     

    
      
         

      

      
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    ARTICLE
X.

    MISCELLANEOUS

     

    10.01 Amendments, Etc.  No
amendment or waiver of any provision of this Agreement or any other Loan
Document, and no consent to any departure by the Borrower or any other Loan
Party therefrom, shall be effective unless in writing signed by the Required
Lenders (or the Administrative Agent with the consent of the Required Lenders)
and the Borrower or the applicable Loan Party, as the case may be, and
acknowledged by the Administrative Agent, and each such waiver or consent shall
be effective only in the specific instance and for the specific purpose for
which given; provided that no such
amendment, waiver or consent shall:

     

    (a) waive any
condition set forth in Section 4.01 (other
than Section
4.01(b)(i) or (c), which may be
waived solely by the Person to whom any such amounts are due) without the
written consent of each Lender;

     

    (b) extend or
increase the Commitment of any Lender (or reinstate any Commitment terminated
pursuant to Section
8.02) without the written consent of such Lender;

     

    (c) postpone
any date fixed by this Agreement or any other Loan Document for any payment
(excluding mandatory prepayments) of principal, interest, fees or other amounts
due to the Lenders (or any of them) hereunder or under any other Loan Document
without the written consent of each Lender directly affected
thereby;

     

    (d) reduce
the principal of, or the rate of interest specified herein on, any Loan or L/C
Borrowing, or (subject to clause (iv) of the second proviso to this Section 10.01) any
fees or other amounts payable hereunder or under any other Loan Document without
the written consent of each Lender directly affected thereby; provided that only
the consent of the Required Lenders shall be necessary (i) to amend the
definition of “Default Rate” or to waive any obligation of the Borrower to pay
interest or Letter of Credit Fees at the Default Rate or (ii) to amend any
financial covenant hereunder (or any defined term used therein) even if the
effect of such amendment would be to reduce the rate of interest on any Loan or
L/C Borrowing or to reduce any fee payable hereunder;

     

    (e) change
Section 2.12 or
Section 8.03 in
a manner that would alter the pro rata sharing of payments required thereby
without the written consent of each Lender;

     

    (f) amend
Section 1.06 or
the definition of “Alternative Currency” without the written consent of each
Lender;

     

    (g) change
any provision of this Section 10.01 or the
definition of “Required Lenders” or any other provision hereof specifying the
number or percentage of Lenders required to amend, waive or otherwise modify any
rights hereunder or make any determination or grant any consent hereunder (other
than the definitions specified in clause (ii) of this Section 10.01(h))
without the written consent of each Lender;

     

    (h) release
all or substantially all of the value of the Guaranty Agreement without the
written consent of each Lender, except to the extent the release of any
Guarantor is permitted

     

    
      
         

      

      
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    pursuant
to Section 9.10
(in which case such release may be made by the Administrative Agent acting
alone);

     

    (i) increase
the Letter of Credit Sublimit without the consent of each Lender directly
affected thereby; or

     

    (j) allow the
issuance of any Letter of Credit to have an expiry date more than one year after
the date of issuance without the consent of each Lender directly affected
thereby;

     

    and provided, further, that (i) no
amendment, waiver or consent shall, unless in writing and signed by the L/C
Issuer in addition to the Lenders required above, affect the rights or duties of
the L/C Issuer under this Agreement or any Issuer Document relating to any
Letter of Credit issued or to be issued by it; (ii) no amendment, waiver or
consent shall, unless in writing and signed by the Administrative Agent in
addition to the Lenders required above, affect the rights or duties of the
Administrative Agent under this Agreement or any other Loan Document; (iii)
Section
10.06(g) may not be amended, waived or otherwise modified without the
consent of each Granting Lender all or any part of whose Loans are being funded
by an SPC at the time of such amendment, waiver or other modification; and (iv)
each Issuer Document (to the extent otherwise
permitted by the terms of this Agreement) and the Fee Letter may be
amended, or rights or privileges thereunder waived, in a writing executed only
by the parties thereto.  Notwithstanding anything to the contrary
herein, no Defaulting Lender shall have any right to approve or disapprove any
amendment, waiver or consent hereunder (and any amendment, waiver or consent
which by its terms requires the consent of all Lenders or each affected Lender
may be effected with the consent of the applicable Lenders other than Defaulting
Lenders), except that (x) the Commitment of any Defaulting Lender may not be
increased or extended without the consent of such Lender and (y) any waiver,
amendment or modification requiring the consent of all Lenders or each affected
Lender that by its terms affects any Defaulting Lender more adversely than other
affected Lenders shall require the consent of such Defaulting
Lender.

    

    If any
Lender does not consent to a proposed amendment, waiver, consent or release with
respect to any Loan Document that requires the consent of each Lender or such
Lender and that has been approved by the Required Lenders, the Borrower may
replace such non-consenting Lender in accordance with Section 10.13; provided that such
amendment, waiver, consent or release can be effected as a result of the
assignment contemplated by such Section (together with all other such
assignments required by the Borrower to be made pursuant to this
paragraph).

    

    10.02 Notices;
Effectiveness; Electronic Communications.

     

    (a) Notices
Generally.  Except in the case of notices and other
communications expressly permitted to be given by telephone (and except as
provided in subsection (b) below), all 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 telecopier or
(subject to subsection (b) below) email as follows, and all notices and other
communications expressly permitted hereunder to be given by telephone shall be
made to the applicable telephone number, as follows:

     

    
      
         

      

      
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    (i) if to the
Parent, the Borrower, the Administrative Agent or the L/C Issuer, to the
address, telecopier number, electronic mail address or telephone number
specified for such Person on Schedule 10.02;
and

     

    (ii) if to any
other Lender, to the address, telecopier number, electronic mail address or
telephone number specified in its Administrative Questionnaire.

     

    Notices
and other communications sent by hand or overnight courier service, or mailed by
certified or registered mail, shall be deemed to have been given when received;
notices and other communications sent by telecopier shall be deemed to have been
given when sent (except that, if not given during normal business hours for the
recipient, shall be deemed to have been given at the opening of business on the
next business day for the recipient).  Notices and other
communications delivered through electronic communications to the extent
provided in subsection (b) below, shall be effective as provided in such
subsection (b).

    

    (b) Electronic
Communications.  Notices and other communications to the
Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic
communication (including e-mail and Internet or intranet websites) pursuant to
procedures approved by the Administrative Agent; provided that the
foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to
Article II, if
such Lender or the L/C Issuer, as applicable, has notified the Administrative
Agent that it is incapable of receiving notices under such Article by electronic
communication.  The Administrative Agent or the Borrower may, in its
discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it; provided that
approval of such procedures may be limited to particular notices or
communications.

     

    Unless
the Administrative Agent otherwise prescribes, (i) notices and other
communications sent to an e-mail address shall be deemed received upon the
sender’s receipt of an acknowledgement from the intended recipient (such as by
the “return receipt requested” function, as available, return e-mail or other
written acknowledgement); provided that, if
such notice or other communication is not sent during the normal business hours
of the recipient, such notice or communication shall be deemed to have been sent
at the opening of business on the next business day for the recipient, and (ii)
notices or communications posted to an Internet or intranet website shall be
deemed received upon the deemed receipt by the intended recipient at its e-mail
address as described in the foregoing clause (i) of notification that such
notice or communication is available and identifying the website address
therefor.

     

    (c) The
Platform.  THE PLATFORM IS PROVIDED “AS IS” AND “AS
AVAILABLE.”  THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE
ACCURACY OR COMPLETENESS OF THE PARENT AND BORROWER MATERIALS OR THE ADEQUACY OF
THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM
THE PARENT AND BORROWER MATERIALS.  NO WARRANTY OF ANY KIND, EXPRESS,
IMPLIED OR STATUTORY, INCLUDING 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
PARENT AND BORROWER MATERIALS OR

     

    
      
         

      

      
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    THE
PLATFORM.  In no event shall the Administrative Agent or any of its
Related Parties (collectively, the “Agent Parties”) have
any liability to the Parent, the Borrower, any Lender, the L/C Issuer or any
other Person for losses, claims, damages, liabilities or expenses of any kind
(whether in tort, contract or otherwise) arising out of the Parent’s, the
Borrower’s or the Administrative Agent’s transmission of Parent and Borrower
Materials through the Internet, except to the extent that such losses, claims,
damages, liabilities or expenses are determined by a court of competent
jurisdiction by a final and nonappealable judgment to have resulted from the
gross negligence or willful misconduct of such Agent Party; provided that in no
event shall any Agent Party have any liability to the Parent, the Borrower, any
Lender, the L/C Issuer or any other Person for indirect, special, incidental,
consequential or punitive damages (as opposed to direct or actual
damages).

     

    (d) Change of Address,
Etc.  Each of the Parent, the Borrower, the Administrative
Agent and the L/C Issuer may change its address, telecopier, e-mail or telephone
number for notices and other communications hereunder by notice to the other
parties hereto.  Each other Lender may change its address, telecopier,
e-mail or telephone number for notices and other communications hereunder by
notice to the Borrower, the Administrative Agent and the L/C
Issuer.  In addition, each Lender agrees to notify the Administrative
Agent from time to time to ensure that the Administrative Agent has on record
(i) an effective address, contact name, telephone number, telecopier number and
e-mail address to which notices and other communications may be sent and (ii)
accurate wire instructions for such Lender.  Furthermore, each Public
Lender agrees to cause at least one individual at or on behalf of such Public
Lender to at all times have selected the “Private Side Information” or similar
designation on the content declaration screen of the Platform in order to enable
such Public Lender or its delegate, in accordance with such Public Lender’s
compliance procedures and applicable Law, including United States Federal and
state securities Laws, to make reference to Parent and Borrower Materials that
are not made available through the “Public Side Information” portion of the
Platform and that may contain material non-public information with respect to
the Parent or the Borrower or their respective securities for purposes of United
States Federal or state securities laws.

     

    (e) Reliance by Administrative
Agent, L/C Issuer and Lenders.  The Administrative Agent, the
L/C Issuer and the Lenders shall be entitled to rely and act upon any notices
(including telephonic Committed Loan Notices) purportedly given by or on behalf
of the Parent or the Borrower even if (i) such notices were not made in a manner
specified herein, were incomplete or were not preceded or followed by any other
form of notice specified herein, or (ii) the terms thereof, as understood by the
recipient, varied from any confirmation thereof.  The Parent and the
Borrower shall each indemnify the Administrative Agent, the L/C Issuer, each
Lender and the Related Parties of each of them from all losses, costs, expenses
and liabilities resulting from the reliance by such Person on each notice
purportedly given by or on behalf of the Parent or the Borrower.  All
telephonic notices to and other telephonic communications with the
Administrative Agent may be recorded by the Administrative Agent, and each of
the parties hereto hereby consents to such recording.

     

    10.03 No Waiver; Cumulative Remedies;
Enforcement.  No failure by any Lender, the L/C Issuer or the
Administrative Agent to exercise, and no delay by any such Person in exercising,
any right, remedy, power or privilege hereunder or under any Loan Document
shall

     

    
      
         

      

      
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    operate
as a waiver thereof; nor shall any single or partial exercise of any right,
remedy, power or privilege hereunder preclude any other or further exercise
thereof or the exercise of any other right, remedy, power or
privilege.  The rights, remedies, powers and privileges herein
provided, and provided under each other Loan Document, are cumulative and not
exclusive of any rights, remedies, powers and privileges provided by
law.

     

    Notwithstanding
anything to the contrary contained herein or in any other Loan Document, the
authority to enforce rights and remedies hereunder and under the other Loan
Documents against the Loan Parties or any of them shall be vested exclusively
in, and all actions and proceedings at law in connection with such enforcement
shall be instituted and maintained exclusively by, the Administrative Agent in
accordance with Section 8.02 for the
benefit of all the Lenders and the L/C Issuer; provided that the
foregoing shall not prohibit (a) the Administrative Agent from exercising on its
own behalf the rights and remedies that inure to its benefit (solely in its
capacity as Administrative Agent) hereunder and under the other Loan Documents,
(b) the L/C Issuer from exercising the rights and remedies that inure to its
benefit (solely in its capacity as L/C Issuer) hereunder and under the other
Loan Documents, (c) any Lender from exercising setoff rights in accordance with
Section 10.08
(subject to the terms of Section 2.12), or (d)
any Lender from filing proofs of claim or appearing and filing pleadings on its
own behalf during the pendency of a proceeding relative to any Loan Party under
any Debtor Relief Law; and provided, further, that if at
any time there is no Person acting as Administrative Agent hereunder and under
the other Loan Documents, then (i) the Required Lenders shall have the rights
otherwise ascribed to the Administrative Agent pursuant to Section 8.02 and (ii)
in addition to the matters set forth in clauses (b), (c) and (d) of the
preceding proviso and subject to Section 2.12, any
Lender may, with the consent of the Required Lenders, enforce any rights and
remedies available to it and as authorized by the Required Lenders.

     

    10.04 Expenses;
Indemnity; Damage Waiver.

     

    (a) Costs and
Expenses.  The Borrower shall pay (i) all reasonable
out-of-pocket expenses incurred by the Administrative Agent and its Affiliates
(including the reasonable fees, charges and disbursements of counsel for the
Administrative Agent), in connection with the syndication of the credit
facilities provided for herein, the preparation, negotiation, execution,
delivery and administration of this Agreement and the other Loan Documents or
any amendments, modifications or waivers of the provisions hereof or thereof
(whether or not the transactions contemplated hereby or thereby shall be
consummated), (ii) all reasonable out-of-pocket expenses incurred by the L/C
Issuer in connection with the issuance, amendment, renewal or extension of any
Letter of Credit or any demand for payment thereunder, and (iii) all
out-of-pocket expenses incurred by the Administrative Agent, any Lender or the
L/C Issuer (including the fees, charges and disbursements of any counsel for the
Administrative Agent, any Lender or the L/C Issuer), in connection with the
enforcement or protection of its rights (A) in connection with this Agreement
and the other Loan Documents, including its rights under this Section, or (B) in
connection with the Loans made or Letters of Credit issued hereunder, including
all such out-of-pocket expenses incurred during any workout, restructuring or
negotiations in respect of such Loans or Letters of Credit.

     

    (b) Indemnification by the
Borrower.  Each of the Parent and the Borrower shall indemnify
the Administrative Agent (and any sub-agent thereof), each Lender and the
L/C

     

    
      
         

      

      
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    Issuer,
and each Related Party of any of the foregoing Persons (each such Person being
called an “Indemnitee”) against,
and hold each Indemnitee harmless from, any and all losses, claims, damages,
liabilities and related expenses, (including the fees, charges and disbursements
of any counsel for any Indemnitee) (excluding Taxes which shall be governed by
Section 3.01),
incurred by any Indemnitee or asserted against any Indemnitee by any third party
or by the Borrower or any other Loan Party arising out of, in connection with,
or as a result of (i) the execution or delivery of this Agreement, any other
Loan Document or any agreement or instrument contemplated hereby or thereby, the
performance by the parties hereto of their respective obligations hereunder or
thereunder, the consummation of the transactions contemplated hereby or thereby,
or, in the case of the Administrative Agent (and any sub-agent thereof) and its
Related Parties only, the administration of this Agreement and the other Loan
Documents, (ii) any Loan or Letter of Credit or the use or proposed use of the
proceeds therefrom (including any refusal by the L/C Issuer to honor a demand
for payment under a Letter of Credit if the documents presented in connection
with such demand do not strictly comply with the terms of such Letter of
Credit), (iii) any actual or alleged presence or release of Hazardous Materials
on or from any property owned or operated by the Parent or any of its
Subsidiaries, or any Environmental Liability related in any way to the Parent or
any of its Subsidiaries, or (iv) any actual or prospective claim, litigation,
investigation or proceeding relating to any of the foregoing, whether based on
contract, tort or any other theory, whether brought by a third party or by the
Borrower or any other Loan Party or any of the Borrower’s or such Loan Party’s
directors, shareholders or creditors, and regardless of whether 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 (x) are determined by a
court of competent jurisdiction by final and nonappealable judgment to have
resulted from the gross negligence or willful misconduct of such Indemnitee or
(y) result from a claim brought by the Borrower or any other Loan Party against
an Indemnitee for breach in bad faith of such Indemnitee’s obligations hereunder
or under any other Loan Document, if the Borrower or such other Loan Party has
obtained a final and nonappealable judgment in its favor on such claim as
determined by a court of competent jurisdiction.

     

    (c) Reimbursement by
Lenders.  To the extent that the Parent and the Borrower for
any reason fail to indefeasibly pay any amount required under subsection (a) or
(b) of this Section to be paid by it to the Administrative Agent (or any
sub-agent thereof), the L/C Issuer or any Related Party of any of the foregoing,
each Lender severally agrees to pay to the Administrative Agent (or any such
sub-agent), the L/C Issuer or such Related Party, as the case may be, such
Lender’s Applicable Percentage (determined as of the time that the applicable
unreimbursed expense or indemnity payment is sought) of such unpaid amount;
provided that
the unreimbursed expense or indemnified loss, claim, damage, liability or
related expense, as the case may be, was incurred by or asserted against the
Administrative Agent (or any such sub-agent) or the L/C Issuer in its capacity
as such, or against any Related Party of any of the foregoing acting for the
Administrative Agent (or any such sub-agent) or L/C Issuer in connection with
such capacity.  The obligations of the Lenders under this subsection
(c) are subject to the provisions of Section
2.11(d).

     

    (d) Waiver of Consequential
Damages, Etc.  To the fullest extent permitted by applicable
Law, neither the Parent, the Borrower, the Administrative Agent, any Lender nor
the L/C Issuer shall assert, and each of them hereby waives, any claim against
any Person party to

     

    
      
         

      

      
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    this
Agreement or against any Indemnitee, on any theory of liability, for special,
indirect, consequential or punitive damages (as opposed to direct or actual
damages) arising out of, in connection with, or as a result of, this Agreement,
any other Loan Document or any agreement or instrument contemplated hereby, the
transactions contemplated hereby or thereby, any Loan or Letter of Credit or the
use of the proceeds thereof.  No Indemnitee referred to in subsection
(b) above shall be liable for any damages arising from the use by unintended
recipients of any information or other materials distributed to such unintended
recipients by such Indemnitee through telecommunications, electronic or other
information transmission systems in connection with this Agreement or the other
Loan Documents or the transactions contemplated hereby or thereby other than for
direct or actual damages resulting from the gross negligence or willful
misconduct of such Indemnitee as determined by a final and nonappealable
judgment of a court of competent jurisdiction.

     

    (e) Payments.  All
amounts due under this Section shall be payable not later than ten Business Days
after demand therefor.

     

    (f) Survival.  The
agreements in this Section shall survive the resignation of the Administrative
Agent and the L/C Issuer, the replacement of any Lender, the termination of the
Aggregate Commitments and the repayment, satisfaction or discharge of all the
other Obligations.

     

    10.05 Payments Set
Aside.  To the extent that any payment by or on behalf of the
Borrower is made to the Administrative Agent, the L/C Issuer or any Lender, or
the Administrative Agent, the L/C Issuer or any Lender exercises its right of
setoff, and such payment or the proceeds of such setoff or any part thereof is
subsequently invalidated, declared to be fraudulent or preferential, set aside
or required (including pursuant to any settlement entered into by the
Administrative Agent, the L/C Issuer or such Lender in its discretion) to be
repaid to a trustee, receiver or any other party, in connection with any
proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of
such recovery, the obligation or part thereof originally intended to be
satisfied shall be revived and continued in full force and effect as if such
payment had not been made or such setoff had not occurred, and (b) each Lender
and the L/C Issuer severally agrees to pay to the Administrative Agent upon
demand its applicable share (without duplication) of any amount so recovered
from or repaid by the Administrative Agent, plus interest thereon
from the date of such demand to the date such payment is made at a rate per
annum equal to the applicable Overnight Rate from time to time in effect, in the
applicable currency of such recovery or payment.  The obligations of
the Lenders and the L/C Issuer under clause (b) of the preceding sentence shall
survive the payment in full of the Obligations and the termination of this
Agreement.

     

    10.06 Successors
and Assigns.

     

    (a) Successors and Assigns
Generally.  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, except that neither (x) the Borrower
nor the Parent may assign or otherwise
transfer any of its rights or obligations hereunder without the prior written
consent of the Administrative Agent and each Lender; provided that a
merger or consolidation that complies with Section 7.04 shall
not be construed as an assignment or transfer for purposes of

     

    
      
         

      

      
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    this
clause (x) and (y) no Lender may assign or otherwise transfer any of its rights
or obligations hereunder except (i) to an assignee in accordance with the
provisions of subsection (b) of this Section, (ii) by way of participation in
accordance with the provisions of subsection (d) of this Section, (iii) by way
of pledge or assignment of a security interest subject to the restrictions of
subsection (f) of this Section, or (iv) to an SPC in accordance with the
provisions of subsection (g) of this Section (and any other attempted assignment
or transfer by any party hereto shall be null and void).  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, Participants to the extent provided in subsection (d) of this
Section and, to the extent expressly contemplated hereby, the Related Parties of
each of the Administrative Agent and the Lenders) any legal or equitable right,
remedy or claim under or by reason of this Agreement.

     

    (b) Assignments by
Lenders.  Any Lender may at any time 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 Commitments and the Loans (including for
purposes of this subsection (b), participations in L/C Obligations) at the time
owing to it); provided that any
such assignment shall be subject to the following conditions:

     

    (i) Minimum
Amounts.

     

    (A) in the
case of an assignment of the entire remaining amount of the assigning Lender’s
Commitment and the Loans at the time owing to it, or in the case of an
assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum
amount need be assigned; and

     

    (B) in any
case not described in subsection (b)(i)(A) of this Section, the aggregate amount
of the Commitment (which for this purpose includes Loans outstanding thereunder)
or, if the Commitment is not then in effect, the principal outstanding balance
of the Loans of the assigning Lender subject to each such assignment, determined
as of the date the Assignment and Assumption with respect to such assignment is
delivered to the Administrative Agent or, if “Trade Date” is specified in the
Assignment and Assumption, as of the Trade Date, shall not be less than
$5,000,000, unless each of the Administrative Agent and, so long as no Event of
Default has occurred and is continuing, the Borrower otherwise consents (each
such consent not to be unreasonably withheld or delayed); provided that
concurrent assignments to members of an Assignee Group and concurrent
assignments from members of an Assignee Group to a single Eligible Assignee (or
to an Eligible Assignee and members of its Assignee Group) will be treated as a
single assignment for purposes of determining whether such minimum amount has
been met.

     

    (ii) Proportionate
Amounts.  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 with respect to the Loans or the Commitment
assigned;

     

    (iii) Required
Consents.  No consent shall be required for any assignment
except to the extent required by subsection (b)(i)(B) of this Section and, in
addition:

     

    
      
         

      

      
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    (A) the
consent of the Borrower (such consent not to be unreasonably withheld or
delayed; provided that the Borrower will be deemed to have consented to such
assignment if its response is not received by the Administrative Agent within
five days of its receipt of notice of such assignment) shall be required unless
(1) an Event of Default has occurred and is continuing at the time of such
assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or an
Approved Fund;

     

    (B) the
consent of the Administrative Agent (such consent not to be unreasonably
withheld or delayed) shall be required for any assignment to a Person that is
not a Lender, an Affiliate of a Lender or an Approved Fund; and

     

    (C) the
consent of the L/C Issuer (such consent not to be unreasonably withheld or
delayed) shall be required for any assignment that increases the obligation of
the assignee to participate in exposure under one or more Letters of Credit
(whether or not then outstanding).

     

    (iv) Assignment and
Assumption.  The parties to each assignment shall execute and
deliver to the Administrative Agent an Assignment and Assumption, together with
a processing and recordation fee in the amount of $3,500; provided that the
Administrative Agent may, in its sole discretion, elect to waive such processing
and recordation fee in the case of any assignment.  The assignee, if
it is not a Lender, shall deliver to the Administrative Agent an Administrative
Questionnaire.

     

    (v) No Assignment to Certain
Persons.  No such assignment shall be made (A) to the Parent,
the Borrower or any of the Parent’s or Borrower’s Affiliates or Subsidiaries, or
(B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon
becoming a Lender hereunder, would constitute any of the foregoing Persons
described in this clause (B), or (C) to a natural person.

     

    (vi) Certain Additional
Payments.  In connection with any assignment of rights and
obligations of any Defaulting Lender hereunder, no such assignment shall be
effective unless and until, in addition to the other conditions thereto set
forth herein, the parties to the assignment shall make such additional payments
to the Administrative Agent in an aggregate amount sufficient, upon distribution
thereof as appropriate (which may be outright payment, purchases by the assignee
of participations or subparticipations, or other compensating actions, including
funding, with the consent of the Borrower and the Administrative Agent, the
applicable pro rata share of Loans previously requested but not funded by the
Defaulting Lender, to each of which the applicable assignee and assignor hereby
irrevocably consent), to (x) pay and satisfy in full all payment liabilities
then owed by such Defaulting Lender to the Administrative Agent or any Lender
hereunder (and interest accrued thereon) and (y) acquire (and fund as
appropriate) its full pro rata share of all Loans and participations in Letters
of Credit in accordance with its Applicable
Percentage.  Notwithstanding the foregoing, in the event that any
assignment of rights and obligations of any Defaulting Lender hereunder shall
become effective under applicable Law without compliance with the provisions of
this

     

    
      
         

      

      
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    paragraph,
then the assignee of such interest shall be deemed to be a Defaulting Lender for
all purposes of this Agreement until such compliance occurs.

     

    Subject
to acceptance and recording thereof by the Administrative Agent pursuant to
subsection (c) of this Section, from and after the effective date specified in
each Assignment and Assumption, the assignee thereunder shall be a party to this
Agreement and, to the extent of the interest assigned by such Assignment and
Assumption, have the rights and obligations of a Lender under this Agreement,
and the assigning Lender thereunder shall, to the extent of the interest
assigned by such Assignment and Assumption, be released from its obligations
under this Agreement (and, in the case of an Assignment and Assumption 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 3.01, 3.04, 3.05, and 10.04 with respect to
facts and circumstances occurring prior to the effective date of such
assignment.  Upon request, the Borrower (at its expense) shall execute
and deliver a Note to the assignee Lender.  Any assignment or transfer
by a Lender of rights or obligations under this Agreement that does not comply
with this subsection 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 subsection (d) of this Section.

    

    (c) Register.  The
Administrative Agent, acting solely for this purpose as an agent of the
Borrower, shall maintain at the Administrative Agent’s Office a copy of each
Assignment and Assumption delivered to it and a register for the recordation of
the names and addresses of the Lenders, and the Commitments of, and principal
amounts of the Loans and L/C Obligations owing to, each Lender pursuant to the
terms hereof from time to time (the “Register”).  The
entries in the Register shall be conclusive, and the Parent, the Borrower, the
Administrative Agent and the Lenders may 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.  In addition, the Administrative Agent shall maintain on the
Register information regarding the designation, and revocation of designation,
of any Lender as a Defaulting Lender.  The Register shall be available
for inspection by the Parent, the Borrower and any Lender, at any reasonable
time and from time to time upon reasonable prior notice.

     

    (d) Participations.  Any
Lender may at any time, without the consent of, or notice to, the Parent, the
Borrower or the Administrative Agent, sell participations to any Person (other
than a natural person, a Defaulting Lender or the Parent, the Borrower or any of
the Parent’s or Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all
or a portion of such Lender’s rights and/or obligations under this Agreement
(including all or a portion of its Commitment and/or the Loans (including such
Lender’s participations in L/C Obligations) owing to it); provided that (i)
such Lender’s obligations under this Agreement shall remain unchanged, (ii) such
Lender shall remain solely responsible to the other parties hereto for the
performance of such obligations and (iii) the Parent, the Borrower, the
Administrative Agent, the Lenders and the L/C Issuer 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 pursuant to which a Lender sells such a participation
shall provide that such Lender shall retain the sole right to enforce this
Agreement and to approve any amendment, modification or waiver of
any  provision of this Agreement; provided that
such

     

    
      
         

      

      
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    agreement
or instrument may provide that such Lender will not, without the consent of the
Participant, agree to any amendment, waiver or other modification described in
the first proviso to Section 10.01 that
affects such Participant.  Subject to subsection (e) of this Section,
the Borrower agrees that each Participant shall be entitled to the benefits of
Sections 3.01,
3.04 and 3.05 to the same
extent as if it were a Lender and had acquired its interest by assignment
pursuant to subsection (b) of this Section.  To the extent permitted
by law, each Participant also shall be entitled to the benefits of Section 10.08 as
though it were a Lender; provided such
Participant agrees to be subject to Section 2.12 as
though it were a Lender.

     

    (e) Limitations upon Participant
Rights.  A Participant shall not be entitled to receive any
greater payment under Section 3.01 or 3.04 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 Borrower’s prior written consent.  A
Participant that would be a Foreign Lender if it were a Lender shall not be
entitled to the benefits of Section 3.01, unless
the Borrower is notified of the participation sold to such Participant and such
Participant agrees, for the benefit of the Borrower, to comply with Section 3.01(e) as
though it were a Lender.

     

    (f) Certain
Pledges.  Any Lender may at any time pledge or assign a
security interest in all or any portion of its rights under this Agreement
(including under its Note(s), if any) to secure obligations of such Lender,
including any pledge or assignment to secure obligations to a Federal Reserve
Bank; provided
that no such pledge or assignment shall release such Lender from any of its
obligations hereunder or substitute any such pledgee or assignee for such Lender
as a party hereto.

     

    (g) Special Purpose Funding
Vehicles.   Notwithstanding anything to the contrary
contained herein, any Lender (a “Granting Lender”) may
grant to a special purpose funding vehicle identified as such in writing from
time to time by the Granting Lender to the Administrative Agent and the Borrower
(an “SPC”) the
option to provide all or any part of any Loan that such Granting Lender would
otherwise be obligated to make pursuant to this Agreement; provided that (i)
nothing herein shall constitute a commitment by any SPC to fund any Loan, and
(ii) if an SPC elects not to exercise such option or otherwise fails to make all
or any part of such Loan, the Granting Lender shall be obligated to make such
Loan pursuant to the terms hereof or, if it fails to do so, to make such payment
to the Administrative Agent as is required under Section
2.11(b)(ii).  Each party hereto hereby agrees that (i) neither
the grant to any SPC nor the exercise by any SPC of such option shall increase
the costs or expenses or otherwise increase or change the obligations of the
Borrower under this Agreement (including its obligations under Section 3.04), (ii)
no SPC shall be liable for any indemnity or similar payment obligation under
this Agreement for which a Lender would be liable, and (iii) the Granting Lender
shall for all purposes, including the approval of any amendment, waiver or other
modification of any provision of any Loan Document, remain the lender of record
hereunder.  The making of a Loan by an SPC hereunder shall utilize the
Commitment of the Granting Lender to the same extent, and as if, such Loan were
made by such Granting Lender.  In furtherance of the foregoing, each
party hereto hereby agrees (which agreement shall survive the termination of
this Agreement) that, prior to the date that is one year and one day after the
payment in full of all outstanding commercial paper or other senior debt of any
SPC, it will not institute against, or join any other Person in instituting
against, such SPC any bankruptcy,

     

    
      
         

      

      
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    reorganization,
arrangement, insolvency, or liquidation proceeding under the laws of the United
States or any State thereof.  Notwithstanding anything to the contrary
contained herein, any SPC may (i) with notice to, but without prior consent of
the Borrower and the Administrative Agent and with the payment of a processing
fee in the amount of $3,500 (which processing fee may be waived by the
Administrative Agent in its sole discretion), assign all or any portion of its
right to receive payment with respect to any Loan to the Granting Lender and
(ii) disclose on a confidential basis any non-public information relating to its
funding of Loans to any rating agency, commercial paper dealer or provider of
any surety or Guarantee or credit or liquidity enhancement to such
SPC.

     

    (h) Resignation as L/C Issuer
after Assignment.  Notwithstanding anything to the contrary
contained herein, if at any time Bank of America assigns all of its Commitment
and Loans pursuant to subsection (b) above, Bank of America may, upon 30 days’
notice to the Borrower, resign as L/C Issuer.  In the event of any
such resignation as L/C Issuer, the Borrower shall be entitled to appoint from
among the Lenders a successor L/C Issuer; provided that (a) no
failure by the Borrower to appoint any such successor shall affect the
resignation of Bank of America as L/C Issuer and (b) no Lender shall become an
L/C Issuer without such Lender’s consent thereto.  If Bank of America
resigns as L/C Issuer, it shall retain all the rights, powers, privileges and
duties of the L/C Issuer hereunder with respect to all Letters of Credit
outstanding as of the effective date of its resignation as L/C Issuer and all
L/C Obligations with respect thereto (including the right to require the Lenders
to make Base Rate Loans or fund risk participations in Unreimbursed Amounts
pursuant to Section
2.03(c)).  Upon the appointment of a successor L/C Issuer, (a)
such successor shall succeed to and become vested with all of the rights,
powers, privileges and duties of the retiring L/C Issuer, and (b) the successor
L/C Issuer shall issue letters of credit in substitution for the Letters of
Credit, if any, outstanding at the time of such succession, or make other
arrangements satisfactory to Bank of America to effectively assume the
obligations of Bank of America with respect to such Letters of
Credit.

     

    10.07 Treatment of Certain Information;
Confidentiality.  Each of the Administrative Agent, the Lenders
and the L/C Issuer agrees to maintain the confidentiality of the Information (as
defined below), except that Information may be disclosed (a) to its Affiliates
and to its and its Affiliates’ respective partners, directors, officers,
employees, agents, trustees, advisors and representatives (it being understood
that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information
confidential), (b) to the extent requested by any regulatory authority
purporting to have jurisdiction over it (including any self-regulatory
authority, such as the National Association of Insurance Commissioners), (c) to
the extent required by applicable Laws or regulations or by any subpoena or
similar legal process, (d) to any other party hereto, (e) in connection with the
exercise of any remedies hereunder or under any other Loan Document or any
action or proceeding relating to this Agreement or any other Loan Document or
the enforcement of rights hereunder or thereunder, (f) subject to an agreement
containing provisions substantially the same as those of this Section, to (i)
any assignee of or Participant in, or any prospective assignee of or Participant
in, any of its rights or obligations under this Agreement or any Eligible
Assignee invited to be a Lender pursuant to Section 2.14(c) or
(ii) any actual or prospective counterparty (or its advisors) to any swap or
derivative transaction relating to the Borrower and its obligations, (g) with
the consent of the Borrower or the Parent or (h) to the extent such Information
(x) becomes publicly available other than as a result of a breach of
this

     

    
      
         

      

      
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    Section
or (y) becomes available to the Administrative Agent, any Lender, the L/C Issuer
or any of their respective Affiliates on a nonconfidential basis from a source
other than the Borrower or the Parent.

     

    For
purposes of this Section, “Information” means
all information received from the Parent, the Borrower or any Subsidiary
relating to the Parent or any Subsidiary or any of their respective businesses,
other than any such information that is available to the Administrative Agent,
any Lender or the L/C Issuer on a nonconfidential basis prior to disclosure by
the Parent, the Borrower or any Subsidiary; provided that, in the
case of information received from the Parent, the Borrower or any Subsidiary
after the date hereof, such information is clearly identified at the time of
delivery as confidential.  Any Person required to maintain the
confidentiality of Information as provided in this Section shall be considered
to have complied with its obligation to do so if such Person has exercised the
same degree of care to maintain the confidentiality of such Information as such
Person would accord to its own confidential information.

     

    Each of
the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (a)
the Information may include material non-public information concerning the
Parent, the Borrower or a Subsidiary, as the case may be, (b) it has developed
compliance procedures regarding the use of material non-public information and
(c) it will handle such material non-public information in accordance with
applicable Law, including United States Federal and state securities
Laws.

     

    10.08 Right of Setoff.  If
an Event of Default shall have occurred and be continuing, each Lender, the L/C
Issuer and each of their respective Affiliates is hereby authorized at any time
and from time to time, to the fullest extent permitted by applicable Law, to set
off and apply any and all deposits (general or special, time or demand,
provisional or final, in whatever currency) at any time held and other
obligations (in whatever currency) at any time owing by such Lender, the L/C
Issuer or any such Affiliate to or for the credit or the account of the Borrower
or any other Loan Party against any and all of the obligations of the Borrower
or such Loan Party now or hereafter existing under this Agreement or any other
Loan Document to such Lender or the L/C Issuer, irrespective of whether or not
such Lender or the L/C Issuer shall have made any demand under this Agreement or
any other Loan Document and although such obligations of the Borrower or such
Loan Party may be contingent or unmatured or are owed to a branch or office of
such Lender or the L/C Issuer different from the branch or office holding such
deposit or obligated on such indebtedness; provided that in the
event that any Defaulting Lender shall exercise any such right of setoff, (x)
all amounts so set off shall be paid over immediately to the Administrative
Agent for further application in accordance with the provisions of Section 2.16 and,
pending such payment, shall be segregated by such Defaulting Lender from its
other funds and deemed held in trust for the benefit of the Administrative Agent
and the Lenders, and (y) the Defaulting Lender shall provide promptly to the
Administrative Agent a statement describing in reasonable detail the Obligations
owing to such Defaulting Lender as to which it exercised such right of
setoff.  The rights of each Lender, the L/C Issuer and their
respective Affiliates under this Section are in addition to other rights and
remedies (including other rights of setoff) that such Lender, the L/C Issuer or
their respective Affiliates may have.  Each Lender and the L/C Issuer
agrees to notify the Borrower and the Administrative

     

    
      
         

      

      
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    Agent
promptly after any such setoff and application; provided that the
failure to give such notice shall not affect the validity of such setoff and
application.

     

    10.09 Interest Rate
Limitation.  Notwithstanding anything to the contrary contained
in any Loan Document, the interest paid or agreed to be paid under the Loan
Documents shall not exceed the maximum rate of non-usurious interest permitted
by applicable Law (the “Maximum
Rate”).  If the Administrative Agent or any Lender shall
receive interest in an amount that exceeds the Maximum Rate, the excess interest
shall be applied to the principal of the Loans or, if it exceeds such unpaid
principal, refunded to the Borrower.  In determining whether the
interest contracted for, charged, or received by the Administrative Agent or a
Lender exceeds the Maximum Rate, such Person may, to the extent permitted by
applicable Law, (a) characterize any payment that is not principal as an
expense, fee, or premium rather than interest, (b) exclude voluntary prepayments
and the effects thereof, and (c) amortize, prorate, allocate, and spread in
equal or unequal parts the total amount of interest throughout the contemplated
term of the Obligations hereunder.

     

    10.10 Counterparts; Integration;
Effectiveness.  This Agreement may be executed in counterparts
(and by different parties hereto in different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract.  This Agreement and the other Loan Documents
constitute the entire contract among the parties relating to the subject matter
hereof and supersede any and all previous agreements and understandings, oral or
written, relating to the subject matter hereof.  Except as provided in
Section 4.01,
this Agreement shall become effective when it shall have been executed by the
Administrative Agent and when the Administrative Agent shall have received
counterparts hereof that, when taken together, bear the signatures of each of
the other parties hereto.  Delivery of an executed counterpart of a
signature page of this Agreement by telecopy or other electronic imaging means
shall be effective as delivery of a manually executed counterpart of this
Agreement.

     

    10.11 Survival of Representations and
Warranties.  All representations and warranties made hereunder
and in any other Loan Document or other document delivered pursuant hereto or
thereto or in connection herewith or therewith shall survive the execution and
delivery hereof and thereof.  Such representations and warranties have
been or will be relied upon by the Administrative Agent and each Lender,
regardless of any investigation made by the Administrative Agent or any Lender
or on their behalf and notwithstanding that the Administrative Agent or any
Lender may have had notice or knowledge of any Default at the time of any Credit
Extension, and shall continue in full force and effect as long as any Loan or
any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter
of Credit shall remain outstanding.

     

    10.12 Severability.  If
any provision of this Agreement or the other Loan Documents is held to be
illegal, invalid or unenforceable, (a) the legality, validity and enforceability
of the remaining provisions of this Agreement and the other Loan Documents shall
not be affected or impaired thereby and (b) the parties shall endeavor in good
faith negotiations to replace the illegal, invalid or unenforceable provisions
with valid provisions the economic effect of which comes as close as possible to
that of the illegal, invalid or unenforceable provisions.  The
invalidity of a provision in a particular jurisdiction shall not invalidate or
render unenforceable

     

    
      
         

      

      
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    such
provision in any other jurisdiction.  Without limiting the foregoing
provisions of this Section 10.12, if and
to the extent that the enforceability of any provisions in this Agreement
relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as
determined in good faith by the Administrative Agent or the L/C Issuer, as
applicable, then such provisions shall be deemed to be in effect only to the
extent not so limited.

     

    10.13 Replacement of
Lenders.  If any Lender requests compensation under Section 3.04, or if
the Borrower is required to pay any additional amount to any Lender or any
Governmental Authority for the account of any Lender pursuant to Section 3.01, or if
any Lender is a Defaulting Lender, or if any circumstance exists under the last
paragraph of Section
10.01 that gives the Borrower the right to replace a Lender as a party
hereto, then the Borrower 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, and consents required by, Section 10.06), all
of its interests, rights and obligations under this Agreement and the related
Loan Documents to an assignee that shall assume such obligations (which assignee
may be another Lender, if a Lender accepts such assignment); provided
that:

     

    (a) the
Borrower shall have paid to the Administrative Agent the assignment fee
specified in Section
10.06(b);

     

    (b) such
Lender shall have received payment of an amount equal to 100% of the outstanding
principal of its Loans and L/C Advances, accrued interest thereon, accrued fees
and all other amounts payable to it hereunder and under the other Loan Documents
(including any amounts under Section 3.05) from
the assignee (to the extent of such outstanding principal and accrued interest
and fees) or the Borrower (in the case of all other amounts);

     

    (c) in the
case of any such assignment resulting from a claim for compensation under Section 3.04 or
payments required to be made pursuant to Section 3.01, such
assignment will result in a reduction in such compensation or payments
thereafter; and

     

    (d) such
assignment does not conflict with applicable Laws.

     

    A Lender
shall not be required to make any such assignment or delegation if, prior
thereto, as a result of a waiver by such Lender or otherwise, the circumstances
entitling the Borrower to require such assignment and delegation cease to
apply.

     

    10.14 Governing
Law; Jurisdiction; Etc.

     

    (a) GOVERNING
LAW.  THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

     

    (b) SUBMISSION TO
JURISDICTION.  EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE
JURISDICTION OF THE COURTS 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

     

    
      
         

      

      
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    ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR
RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO
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 COURT
OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL
COURT.  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 OR IN ANY OTHER LOAN DOCUMENT SHALL
AFFECT ANY RIGHT THAT ANY OF THE PARTIES HERETO MAY OTHERWISE HAVE TO BRING ANY
ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT
AGAINST ANY OTHER PARTY HERETO OR THEIR RESPECTIVE PROPERTIES IN THE COURTS OF
ANY JURISDICTION.

     

    (c) WAIVER OF
VENUE.  EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION
OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (b) OF THIS
SECTION.  EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM
TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.

     

    (d) SERVICE OF
PROCESS.  EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF
PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION
10.02.  NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY
PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE
LAW.

     

    10.15 Waiver of Jury
Trial.  EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY
JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING
TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER
THEORY).  EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE,
AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE,
THAT SUCH OTHER PERSON 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 BY,
AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION.

     

    
      
         

      

      
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    10.16 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), each of the
Borrower and the Parent acknowledges and agrees, and acknowledges its
Affiliates’ understanding, that: (i) (A) the arranging and other services
regarding this Agreement provided by the Administrative Agent, the Book Managers
and the Lenders are arm’s-length commercial transactions between the Parent, the
Borrower and their
respective Affiliates, on the one hand, and the Administrative Agent, the Book
Managers and the Lenders, on the other hand, (B) each of the Borrower and the
Parent has consulted its own legal, accounting, regulatory and tax advisors to
the extent it has deemed appropriate, and (C) each of the Borrower and the
Parent is capable of evaluating, and understands and accepts, the terms, risks
and conditions of the transactions contemplated hereby and by the other Loan
Documents; (ii) (A) the Administrative Agent, the Book Managers and the Lenders
each 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 Borrower, the Parent or any of
their respective Affiliates, or any other Person and (B) neither the
Administrative Agent, the Book Managers nor the Lenders has any obligation to
the Borrower, the Parent or any of their respective Affiliates with respect to
the transactions contemplated hereby except those obligations expressly set
forth herein and in the other Loan Documents; and (iii) the Administrative
Agent, the Book Managers and the Lenders and their respective Affiliates may be
engaged in a broad range of transactions that involve interests that differ from
those of the Borrower, the Parent and their respective Affiliates, and neither
the Administrative Agent, the Book Managers nor the Lenders has any obligation
to disclose any of such interests to the Borrower, the Parent or any of their
respective Affiliates.  To the fullest extent permitted by Law, each
of the Borrower and the Parent hereby waives and releases any claims that it may
have against the Administrative Agent, the Book Managers and the Lenders with
respect to any breach or alleged breach of agency or fiduciary duty in
connection with any aspect of any transaction contemplated hereby.

     

    10.17 Electronic Execution of Assignments
and Certain Other Documents.  The words “execution,” “signed,”
“signature,” and words of like import in any Assignment and Assumption or in any
amendment or other modification hereof (including waivers and consents) shall be
deemed to include electronic signatures or the keeping of records in electronic
form, each of which shall be of the same legal effect, validity or
enforceability as a manually executed signature or the use of a paper-based
recordkeeping system, as the case may be, to the extent and as provided for in
any applicable Law, including the Federal Electronic Signatures in Global and
National Commerce Act, the New York State Electronic Signatures and Records Act,
or any other similar state laws based on the Uniform Electronic Transactions
Act.

     

    10.18 USA PATRIOT
Act.   Each Lender that is subject to the Act (as
hereinafter defined) and the Administrative Agent (for itself and not on behalf
of any Lender) hereby notifies the Borrower and the Parent that pursuant to the
requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into
law October 26, 2001)) (the “USA Patriot Act”), it
is required to obtain, verify and record information that identifies the
Borrower and the Parent, which information includes the name and address of the
Borrower and of the Parent, and other information that will allow such Lender or
the Administrative Agent, as applicable, to identify the Borrower or the Parent,
as applicable, in accordance with the USA Patriot Act.  Each of the
Borrower and the Parent shall, promptly following a request by the
Administrative Agent or any

     

    
      
         

      

      
        100

        
          

        

      

      
         

      

    

    Lender,
provide all documentation and other information that the Administrative Agent or
such Lender requests in order to comply with its ongoing obligations under
applicable “know your customer” and anti-money laundering rules and regulations,
including the USA Patriot Act.

     

    10.19 Judgment
Currency.  If, for the purposes of obtaining judgment in any
court, it is necessary to convert a sum due hereunder or any other Loan Document
in one currency into another currency, the rate of exchange used shall be that
at which in accordance with normal banking procedures the Administrative Agent
could purchase the first currency with such other currency on the Business Day
preceding that on which final judgment is given.  The obligation of
the Borrower in respect of any such sum due from it to the Administrative Agent
or any Lender hereunder or under the other Loan Documents shall, notwithstanding
any judgment in a currency (the “Judgment Currency”)
other than that in which such sum is denominated in accordance with the
applicable provisions of this Agreement (the “Agreement Currency”),
be discharged only to the extent that on the Business Day following receipt by
the Administrative Agent or such Lender, as the case may be, of any sum adjudged
to be so due in the Judgment Currency, the Administrative Agent or such Lender,
as the case may be, may in accordance with normal banking procedures purchase
the Agreement Currency with the Judgment Currency.  If the amount of
the Agreement Currency so purchased is less than the sum originally due to the
Administrative Agent or any Lender from the Borrower in the Agreement Currency,
the Borrower agrees, as a separate obligation and notwithstanding any such
judgment, to indemnify the Administrative Agent or such Lender, as the case may
be, against such loss.  If the amount of the Agreement Currency so
purchased is greater than the sum originally due to the Administrative Agent or
any Lender in such currency, the Administrative Agent or such Lender, as the
case may be, agrees to return the amount of any excess to the Borrower (or to
any other Person who may be entitled thereto under applicable Law).

     

    [Signature
pages follow.]

     

    
      
         

      

      
        101

        
          

        

      

      
         

      

    

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

     

    

     

    
      	 
      	
              WILLIS NORTH AMERICA
      INC., as
      Borrower

            
	 
      	 
      
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Don
      Bailey

            
	 
      	
              Name:

            	
              Don
      Bailey

            
	 
      	
              Title:

            	
              Chief
      Executive Officer

            

    

     

     

     

     

     

     

     

     

     

     

     

     

    
 

     

    
      
        
          Credit
Agreement (2010)

          Willis
North America Inc.

          Signature
Page

        

      

      
         

        
          

        

      

      
         

      

    

    

     

    
      	
              SIGNED AND DELIVERED for
      and on behalf of and as the deed of

              WILLIS GROUP HOLDINGS PUBLIC
      LIMITED COMPANY by its lawfully appointed attorney in the presence
      of:

            	 
      	
              /s/  Michael
      K. Neborak

            
	 
      	 
      	 
      	
              Michael
      K. Neborak

            
	 
      	
                /s/  Nicole
      Napolitano

            	 
      	Chief Financial
      Officer
	 
      	
              (Witness'
      Signature)

            	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
              One
      World Financial Center,

              200
      Liberty Street,

              NY,
      NY 10281

            	 
      	 
      
	 
      	
              (Witness'
      Address)

            	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
              Deputy
      Company Secretary and Associate General Counsel

            	 
      	 
      
	 
      	
              (Witness'
      Occupation)

            	 
      	 
      

    

    

     

    

     

    

     

     

    
      
        
          Credit
Agreement (2010)

          Willis
North America Inc.

          Signature
Page

        

      

      
         

        
          

        

      

      
         

      

    

    

    
      	 
      	
              BANK OF AMERICA, N.A.,
      as

              Administrative
      Agent

            
	 
      	 
      
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Aamir
      Saleem

            
	 
      	
              Name:

            	
              Aamir
      Saleem

            
	 
      	
              Title:

            	
              Vice
      President

            

    

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    
 

     

    

    
       

      
        
          
            Credit
Agreement (2010)

            Willis
North America Inc.

            Signature
Page

          

        

        
           

          
            

          

        

        
           

        

      

    

     

    
      	 
      	
              BANK OF AMERICA, N.A.,
      as a Lender and the L/C Issuer

            
	 
      	 
      
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  John
      Kushnerick

            
	 
      	
              Name:

            	
              John
      Kushnerick

            
	 
      	
              Title:

            	
              Vice
      President

            

    

    
       

      
         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        
 

         

        

        
           

          
            
              
                Credit
Agreement (2010)

                Willis
North America Inc.

                Signature
Page

              

            

            
               

              
                

              

            

            
               

            

          

          

           

          
            	 
      	
                    LLYODS
      TSB BANK PLC,

                  
	 
      	
                    as
      a Lender

                  
	 
      	 
      	 
      
	 
      	
                    By:

                  	
                      /s/  Rich
      Herder

                  
	 
      	
                    Name:

                  	
                    Rich
      Herder

                  
	 
      	
                    Title:

                  	
                    Managing
      Director

                  
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                    By:

                  	
                      /s/  Candi
      Obrentz

                  
	 
      	
                    Name:

                  	
                    Candi
      Obrentz

                  
	 
      	
                    Title:

                  	
                    Vice
      President

                  

          

          
             

             

             

             

             

             

             

             

             

             

             

            
 

             

            

            
               

              
                
                  
                    Credit
Agreement (2010)

                    Willis
North America Inc.

                    Signature
Page

                  

                

                
                   

                  
                    

                  

                

                
                   

                

              

          

        

      

    

     

    
      	 
      	
              THE
      ROYAL BANK OF SCOTLAND,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Biagio
      Curci

            
	 
      	
              Name:

            	
              Biagio
      Curci

            
	 
      	
              Title:

            	
              Director

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              SUNTRUST
      BANK,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  W.
      Bradley Hamilton

            
	 
      	
              Name:

            	
              W.
      Bradley Hamilton

            
	 
      	
              Title:

            	
              Director

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              BARCLAYS
      BANK PLC,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  A.
      Jemmett

            
	 
      	
              Name:

            	
              A.
      Jemmett

            
	 
      	
              Title:

            	
              Director

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              THE
      BANK OF TOKYO-MITSUBISHI UFJ, LTD., NY BRANCH

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Glenn
      Schuermann

            
	 
      	
              Name:

            	
              Glenn
      Schuermann

            
	 
      	
              Title:

            	
              Authorized
      Signatory

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              SCOTIABANK
      EUROPE PLC,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Bram
      Cartmell

            
	 
      	
              Name:

            	
              Bram
      Cartmell

            
	 
      	
              Title:

            	
              Director

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              CITIBANK,
      N.A.

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Mathieu
      Gelis

            
	 
      	
              Name:

            	
              Mathieu
      Gelis

            
	 
      	
              Title:

            	
              Director

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              WELLS
      FARGO BANK, N.A.

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Genevieve
      Piche

            
	 
      	
              Name:

            	
              Genevieve
      Piche

            
	 
      	
              Title:

            	
              Vice
      President

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              COMERICA
      BANK

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Aurora
      Battaglia

            
	 
      	
              Name:

            	
              Aurora
      Battaglia

            
	 
      	
              Title:

            	
              Vice
      President

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              MANUFACTURERS
      AND TRADERS TRUST COMPANY,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  John
      Henry Lewin III

            
	 
      	
              Name:

            	
              John
      Henry Lewin III

            
	 
      	
              Title:

            	
              Vice
      President

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              PNC
      BANK, NATIONAL ASSOCIATION,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  William
      R. McDonnell

            
	 
      	
              Name:

            	
              William
      R. McDonnell

            
	 
      	
              Title:

            	
              Senior
      Vice President

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

            

          

          
             

            
              

            

          

          
             

          

        

    

    

     

    
      	 
      	
              THE
      NORTHERN TRUST COMPANY,

            
	 
      	
              as
      a Lender

            
	 
      	 
      	 
      
	 
      	
              By:

            	
                /s/  Chris
      McKean

            
	 
      	
              Name:

            	
              Chris
      McKean

            
	 
      	
              Title:

            	
              Vice
      President

            

    

    
       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      

      
         

        
          
            
              Credit
Agreement (2010)

              Willis
North America Inc.

              Signature
Page

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]