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Exhibit 10.24    
    

THIRD AMENDMENT TO CREDIT AGREEMENT  

        This THIRD AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), is dated as of March 11, 2005, among Merisant
Company, a Delaware corporation (the "Borrower"), Merisant Worldwide, Inc., a Delaware corporation, formerly known as Tabletop
Holdings, Inc. ("Holdings"), each of the Requisite Lenders listed on the signature page hereto and Credit Suisse First Boston, acting through its
Cayman Islands Branch, as agent for the Lenders and Issuers (in such capacity, the "Administrative Agent"). 

RECITALS  

        A.    The
Borrower, Holdings, the Lenders, the Issuers, the Administrative Agent, Credit Suisse First Boston, as sole arranger and book manager, Wachovia Bank, National
Association, as syndication agent, and JPMorgan Chase Bank, N.A. (successor by merger to Bank One, NA) and Fortis Capital Corp., as co-documentation agents are parties to that certain
Credit Agreement, dated as of July 11, 2003, as amended by that certain First Amendment to Credit Agreement, dated as of July 2, 2004 and by that certain Second Amendment to Credit
Agreement, dated as of October 20, 2004 (as heretofore further amended or otherwise modified, the "Credit Agreement"). 

        B.    The
Borrower and Holdings have requested that the levels of certain financial condition covenants be revised and the Administrative Agent and the Requisite Lenders have
agreed to such revisions subject to the addition of a consolidated senior leverage ratio financial covenant and a revision to the applicable margin, in each case as detailed below. 

        C.    The
Borrower, Holdings, the Requisite Lenders and the Administrative Agent have agreed to enter into this Amendment in accordance with Section 9.1(a) of the Credit
Agreement to amend and modify the Credit Agreement, among other things, to reflect the changes described above. 

        NOW,
THEREFORE, in consideration of the premises and the respective representations, warranties, covenants and agreements set forth in this Amendment, and intending to be legally bound,
the parties hereto agree as follows: 

ARTICLE 1

DEFINITIONS  

        1.1.    Defined Terms.    

        (a)   Capitalized
terms that are defined in this Amendment shall have the meanings ascribed in this Amendment to such terms. All other capitalized terms shall have the
meanings ascribed to such terms in the Credit Agreement as amended by this Amendment. Unless the context of this Amendment clearly requires otherwise, references to the plural include the singular;
references to the singular include the plural; the words "include," "includes," and "including" will be deemed to be followed by "without limitation"; and the term "or" has, except where otherwise
indicated, the inclusive meaning represented by the phrase "and/or". The principles of interpretation set forth in Section 1.4 of the Credit Agreement shall apply to the provisions of this
Amendment. 

        (b)   Each
reference to "hereof', "hereunder", "herein" and "hereby" and each other similar reference contained in the Credit Agreement, each reference to "this Agreement",
"the Credit Agreement" and each other similar reference contained in the Credit Agreement and each reference contained in this Amendment to the "Credit Agreement" shall on and after the Amendment
Effective Date refer to the Credit Agreement as amended by this Amendment. Any notices, requests, certificates and other instruments executed and delivered on or after the Amendment Effective Date may
refer to the Credit Agreement without making specific reference to this Amendment but nevertheless all such references shall mean the Credit Agreement as amended by this Amendment unless the context
otherwise requires. This Amendment constitutes a "Loan Document" as defined in the Credit Agreement. 

 

ARTICLE 2

AMENDMENTS AND LIMITED WAIVER  

        2.1.    (a) Amendment to Definition of "Applicable Margin".    The definition of "Applicable Margin" in
Section 1.1 of the Credit Agreement is hereby amended by (i) inserting the phrase "(1) with respect to any date on or prior to December 31, 2004," in the first sentence thereof
immediately after the word "means"; (ii) inserting the following clause immediately after the chart in the first sentence of such definition: 

        ";
or (2) with respect to any date after December 31, 2004, (a) on any date prior to the date 3 Business Days after the receipt by the Administrative Agent of the
Financial Statements required to be delivered pursuant to Section 5.1(b) for the Fiscal Quarter ending June 30, 2005, (i) with respect to the Revolving Loans and Swing Loans
maintained as (A) Base Rate Loans, a rate equal to 2.00% per annum or (B) LIBO Rate Loans (including any Euro Loans), a rate equal to 3.25% per annum, (ii) with respect to Tranche
A (Euro) Term Loans, a rate equal to 3.25% per annum, and (iii) with respect to the Tranche B Term Loans maintained as (A) Base Rate Loans, a rate equal to 2.00% per annum or
(B) LIBO Rate Loans, a rate equal to 3.25% per annum and (b) thereafter, as of any date of determination, a per annum rate equal to the rate set forth below opposite the applicable type
of Loan and the then applicable Consolidated Leverage Ratio (determined for the period ending on the last day of the most recent Fiscal Quarter or Fiscal Year, as applicable, for which Financial
Statements have been delivered pursuant to Section 5.1(a) or (b) set forth below: 

	 
	 	Applicable Margin for

Revolving Loans

and Swing Loans
	 	Applicable

Margin for

Tranche A

(Euro) Term

Loans
	 	Applicable Margin for

Tranche B Term Loans
	 
	Consolidated Leverage Ratio
 
	 	LIBO Rate

Loans
	 	Base Rate

Loans
	 	LIBO Rate

Loans
	 	LIBO Rate

Loans
	 	Base Rate

Loans
	 
	Greater than or equal to 5.25x	 	3.25	%	2.00	%	3.25	%	3.25	%	2.00	%
	Less than 5.25x but greater than or equal to 4.5x	 	3.00	%	1.75	%	3.00	%	3.00	%	1.75	%
	Less than 4.5x but greater than or equal to 4x	 	2.75	%	1.50	%	2.75	%	2.75	%	1.50	%
	Less than 4x but greater than or equal to 3.5x	 	2.50	%	1.25	%	2.50	%	2.75	%	1.50	%
	Less than 3.5x	 	2.25	%	1.00	%	2.25	%	2.75	%	1.50	%

;
and (iii) replacing the phrase "above chart" in each of the three locations such phrase appears in the last two sentences of such definition with the phrase "chart in clause (1) above
(if the date of determination is on or prior to December 31, 2004) or the chart in clause (2) above (if the date of determination is after December 31, 2004)". 

        (b)    Amendment to the Definition of Consolidated EBITDA.    The definition of "Consolidated EBITDA" in
Section 1.1 of the Credit Agreement is hereby amended as reflected in the black-lined material below: 

        "Consolidated EBITDA" means, for any period, Consolidated Net Income for such period plus, without duplication and to the extent reflected
as a charge in the statement of such Consolidated Net Income for such period, the sum of (a) income tax expense, (b) Consolidated Interest Expense, (c) depreciation and
amortization expense, (d) amortization of intangibles (including goodwill) and organization costs, (e) any extraordinary, unusual or non-recurring non-cash
expenses or losses (including non-cash losses on sales of assets outside of the ordinary course of business), (f) non-cash contributions and other non-cash
compensation expense, (g) non-cash losses attributable to equity in non-consolidated Subsidiaries, (h) transaction costs associated with the Recapitalization
which are expensed and not amortized, (i) any non-cash foreign currency translation adjustments, (j) any extraordinary or non-recurring cash losses or expenses
arising from restructuring not to exceed in the aggregate since October 1, 2002 (x) if such period ends prior to January 1, 2004, $8,600,000 or (y) if such period ends on
or after January 1, 2004, $14,600,000, (k) any cash (i) IDS Transaction Expenses not to exceed in the aggregate since January 1, 2004 (x) if such period ends prior
to November 1, 2004, $500,000 or (y) if such period ends on or after November 1, 2004, $4,500,000, and (ii) transaction expenses incurred by the 

2

 

Borrower
associated with the Third Amendment to Credit Agreement, (l) any other non-cash charges, including (in case of clauses (e), (f), (g), (i) or (l)) and
(ii) charges representing either (x) accruals of or reserves for cash expenditures in a future period or (y) amortization of prepaid items paid in cash in a prior period, and (m)
charges arising from (x) write-offs or write-downs of obsolete or slow-moving inventory, or (y) write-offs of account receivables or indebtedness
including, without limitation, any such charges resulting from the insolvency or receivership proceedings of Food Brokers Limited or Winn-Dixie Stores, Inc., all such charges under
clauses (x) and (y) not to exceed $5,000,000 in the aggregate since September 30, 2004, minus, to the extent included in the statement of such Consolidated Net Income for such
period, the sum of (a) interest income, (b) any extraordinary, unusual or non-recurring income or gains (including, whether or not otherwise includable as a separate item
in the statement of such Consolidated Net Income for such period, gains on the sales of assets outside of the ordinary course of business), (c) non-cash gains related to employee
compensation, (d) any other non-cash income, all as determined on a consolidated basis, and (e) cash expenditures for (x) previously accrued or reserved charges or
(y) prepaid items to be amortized in future periods. For the purposes of calculating Consolidated EBITDA for any period of four consecutive Fiscal Quarters (each, a "Reference Period") pursuant
to any determination of the Consolidated Leverage Ratio, (i) if at any time during such Reference Period the Borrower or any Subsidiary shall have made any Material Disposition, the
Consolidated EBITDA for such Reference Period shall be reduced by an amount equal to the Consolidated EBITDA (if positive) attributable to the property that is the subject of such Material Disposition
for such Reference Period or increased by an amount equal to the Consolidated EBITDA (if negative) attributable thereto for such Reference Period and (ii) if during such Reference Period the
Borrower or any Subsidiary shall have made a Material Acquisition, Consolidated EBITDA for such Reference Period shall be calculated after giving pro forma effect thereto as if such Material
Acquisition occurred on the first day of such Reference Period. As used in this definition, "Material Acquisition" means any acquisition of property or series of related acquisitions of property
(including by way of a merger or consolidation) that (a) constitutes assets comprising all or substantially all of an operating unit of a business or constitutes all or substantially all of
the common stock of a Person and (b) involves the payment of consideration by the Borrower and its Subsidiaries in excess of $10,000,000; and "Material Disposition" means any Disposition of
property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $10,000,000. 

        (c)    Additional Defined Terms.    Section 1.1 of the Credit Agreement is hereby amended by adding the
following definitions in the proper alphabetical order: 

        "Consolidated Total Senior Debt" means, at any date, the aggregate principal amount of all Indebtedness of the Borrower and its
Subsidiaries at such date (excluding the Indebtedness in respect of the Senior Subordinated Notes and any other Indebtedness all obligors which are Loan Parties and that, as to each obligor thereon,
is subordinated and junior in right of payment to the Secured Obligations of such obligor to the same extent as the obligations of such obligor with respect to the Senior Subordinated Notes are so
subordinated and junior in right of payment, as determined by the Administrative Agent in the exercise of its reasonable discretion), all as determined on a consolidated basis in accordance with GAAP. 

        "Consolidated Senior Leverage Ratio" means, as at the last day of any period, the ratio of (a) Consolidated Total Senior Debt on
such day to (b) Consolidated EBITDA for such period. 

        "Third Amendment to Credit Agreement" means, that certain Third Amendment to Credit Agreement, dated as of March 11, 2005, among
the Borrower, Holdings, each of the Requisite Lenders on the signature pages thereto and the Administrative Agent. 

        (d)    Amendment to Optional Prepayment of Term Loans.    Section 2.8(b) of the Credit Agreement is hereby
amended by adding the following sentence at the end of such section: 

The
Borrower hereby agrees that in addition to any other amounts due under this Agreement or any other Loan Document, if the Borrower prepays any portion of the outstanding principal amount of any
Tranche of the Term Loans pursuant to this Section 2.8(b) or Section 2.9(a) on or prior to the first anniversary of the Amendment Effective Date (as such term is defined in the Third
Amendment to Credit Agreement) with the proceeds of a substantially concurrent 

3

 

incurrence
of new term loans pursuant to a senior credit facility bearing interest at a per annum rate that is less than the effective interest rate applicable to the Term Loans that are so prepaid,
the Borrower shall pay each applicable Lender, as liquidated damages and compensation for costs and lost profits, an amount equal to one percent (1%) of the principal amount of such Lender's Term
Loans that are so prepaid. 

        (e)    Amendments to Financial Condition Covenants.    Section 6.1 of the Credit Agreement is hereby amended to
read in its entirety as follows: 

        (a)    Consolidated Leverage Ratio.    Each of the Borrower and Holdings will not, and will not permit any of its
Subsidiaries to, directly or indirectly, permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive Fiscal Quarters of the Borrower ending with any Fiscal Quarter set
forth below to exceed the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Leverage

Ratio

	September 30, 2003	 	5.00x
	December 31, 2003	 	5.00x
	March 31, 2004	 	5.00x
	June 30, 2004	 	5.00x
	September 30, 2004	 	5.00x
	December 31, 2004	 	5.25x
	March 31, 2005	 	5.85x
	June 30, 2005	 	5.85x
	September 30, 2005	 	5.85x
	December 31, 2005	 	5.85x
	March 31, 2006	 	5.75x
	June 30, 2006	 	5.75x
	September 30, 2006	 	5.75x
	December 31, 2006	 	5.60x
	March 31, 2007	 	5.50x
	June 30, 2007	 	5.50x
	September 30, 2007	 	5.50x
	December 31, 2007	 	5.25x
	March 31, 2008	 	5.25x
	June 30, 2008	 	5.25x
	September 30, 2008	 	5.25x
	December 31, 2008	 	4.95x
	March 31, 2009	 	4.95x
	June 30, 2009	 	4.95x
	September 30, 2009	 	4.95x
	December 31, 2009	 	4.95x
	Thereafter	 	4.95x

        (b)    Consolidated Interest Coverage Ratio.    Each of the Borrower and Holdings will not, and will not permit any of
its Subsidiaries to, directly or indirectly, permit the Consolidated Interest Coverage Ratio for any period of four consecutive Fiscal Quarters of the Borrower ending with 

4

 

any
Fiscal Quarter set forth below to be less than the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Interest Coverage

Ratio

	September 30, 2003	 	1.90x
	December 31, 2003	 	1.90x
	March 31, 2004	 	2.00x
	June 30, 2004	 	2.00x
	September 30, 2004	 	2.00x
	December 31, 2004	 	2.00x
	March 31, 2005	 	1.75x
	June 30, 2005	 	1.75x
	September 30, 2005	 	1.75x
	December 31, 2005	 	1.75x
	March 31, 2006	 	1.75x
	June 30, 2006	 	1.75x
	September 30, 2006	 	1.75x
	December 31, 2006	 	2.00x
	March 31, 2007	 	2.00x
	June 30, 2007	 	2.00x
	September 30, 2007	 	2.00x
	December 31, 2007	 	2.25x
	March 31, 2008	 	2.25x
	June 30, 2008	 	2.25x
	September 30, 2008	 	2.25x
	December 31, 2008	 	2.25x
	March 31, 2009	 	2.25x
	June 30, 2009	 	2.25x
	September 30, 2009	 	2.25x
	December 31, 2009	 	2.25x
	Thereafter	 	2.25x

        (c)    Consolidated Fixed Charge Coverage Ratio.    Each of the Borrower and Holdings will not, and will not permit
any of its Subsidiaries to, directly or indirectly, permit the Consolidated Fixed Charge Coverage Ratio for any period of four consecutive Fiscal Quarters of the Borrower ending 

5

 

with
any Fiscal Quarter set forth below to be less than the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Fixed Charge Coverage

Ratio

	September 30, 2003	 	1.15x
	December 31, 2003	 	1.15x
	March 31, 2004	 	1.25x
	June 30, 2004	 	1.25x
	September 30, 2004	 	1.25x
	December 31, 2004	 	1.15x
	March 31, 2005	 	1.00x
	June 30, 2005	 	1.00x
	September 30, 2005	 	1.00x
	December 31, 2005	 	1.00x
	March 31, 2006	 	1.00x
	June 30, 2006	 	1.00x
	September 30, 2006	 	1.05x
	December 31, 2006	 	1.05x
	March 31, 2007	 	1.05x
	June 30, 2007	 	1.05x
	September 30, 2007	 	1.05x
	December 31, 2007	 	1.10x
	March 31, 2008	 	1.10x
	June 30, 2008	 	1.10x
	September 30, 2008	 	1.10x
	December 31, 2008	 	1.10x
	March 31, 2009	 	1.10x
	June 30, 2009	 	1.10x
	September 30, 2009	 	1.10x
	December 31, 2009	 	1.10x
	Thereafter	 	1.10x

        (d)    Consolidated Senior Leverage Ratio.    Each of the Borrower and Holdings will not, and will not permit any of
its Subsidiaries to, directly or indirectly, permit the Consolidated Senior Leverage Ratio for any period of four consecutive Fiscal Quarters of the Borrower ending with any 

6

 

Fiscal
Quarter set forth below to be less than the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Senior Leverage

Ratio

	March 31, 2005	 	3.00x
	June 30, 2005	 	3.00x
	September 30, 2005	 	3.00x
	December 31, 2005	 	2.70x
	March 31, 2006	 	2.70x
	June 30, 2006	 	2.70x
	September 30, 2006	 	2.70x
	December 31, 2006	 	2.50x
	March 31, 2007	 	2.50x
	June 30, 2007	 	2.35x
	September 30, 2007	 	2.35x
	December 31, 2007	 	2.25x
	March 31, 2008	 	2.20x
	June 30, 2008	 	2.20x
	September 30, 2008	 	2.20x
	December 31, 2008	 	1.85x
	March 31, 2009	 	1.85x
	June 30, 2009	 	1.85x
	September 30, 2009	 	1.85x
	December 31, 2009	 	1.85x
	Thereafter	 	1.85x

        (f)    Limited Waiver.    The Requisite Lenders hereby waive any Default or Event of Default caused solely and
directly by the Loan Parties' failure to comply with the requirements of Section 6.1(a) of the Credit Agreement by exceeding the maximum Consolidated Leverage Ratio permitted thereunder for the
four consecutive Fiscal Quarters of the Borrower ending on December 31, 2004. 

        2.2.    Effectiveness.    This Amendment shall become effective as of the first date (the
"Amendment Effective Date") on which each of the following conditions is satisfied: 

	(a)
	there
shall have been delivered to the Administrative Agent in accordance with Section 4.5 counterparts of this Amendment executed by each of the Administrative Agent, the
Requisite Lenders, the Borrower and Holdings;

	(b)
	the
Administrative Agent and the Arranger shall have received all fees and accrued and unpaid costs and expenses (including reasonable legal fees and expenses) required to be paid on
or prior to the Amendment Effective Date pursuant to (x) that certain fee letter, dated March 1, 2005, addressed to the Borrower from the Arranger and accepted by the Borrower as of
March 1, 2005, (y) the Credit Agreement or (z) this Amendment; and

	(c)
	each
Qualifying Lender (as defined below) shall have received the portion of the amendment fee required to be paid thereto pursuant to Section 4.8 hereof on or prior to the
Amendment Effective Date. 

ARTICLE 3

REPRESENTATIONS AND WARRANTIES  

        3.1.    Representations and Warranties.    To induce the Lenders and the Administrative Agent to enter into this
Amendment, the Borrower and Holdings, jointly and severally, represents and warrants to the Administrative Agent, each Issuer and each Lender that: 

        (a)   The
representations and warranties of each of the Borrower and Holdings in Article IV of the Credit Agreement are on the date of execution and delivery of this
Amendment, and will be on the Amendment Effective Date, true, correct and complete in all material respects with the 

7

 

same
effect as though made on and as of such respective date (or, to the extent such representations and warranties expressly relate to an earlier date, on and as of such earlier date). 

        (b)   Each
of the Borrower and Holdings is in compliance in all material respects with all the terms and provisions set forth in the Credit Agreement and in each other Loan
Document on its part to be observed or performed; and, except as specified in Section 2.1(f), no Default or Event of Default has occurred and is continuing. 

        (c)   The
execution, delivery and performance by the Borrower and Holdings of this Amendment: 

          (i)  are
within such Person's corporate powers; 

         (ii)  have
been duly authorized by all necessary corporate or other entity action, including the consent of the holders of its equity interests where required; 

        (iii)  do
not and will not (A) contravene the certificate of incorporation or by-laws of such Person, (B) violate any other applicable requirement
of law applicable to such Person or any order or decree of any governmental authority or arbitrator applicable to such Person, (C) conflict with or result in the breach of, or constitute a
default under, or result in or permit the termination or acceleration of, any contractual obligation of such Person or any of its Subsidiaries, or (D) result in the creation or imposition of
any Lien upon any of the property of such Person or any of its Subsidiaries other than those Liens permitted by the Loan Documents; and 

        (iv)  do
not and will not require the consent of, authorization by, approval of, notice to, or filing or registration with, any governmental authority or any other person,
other than those which prior to the
Amendment Effective Date will have been obtained or made and copies of which prior to the Amendment Effective Date will have been delivered to the Administrative Agent and each of which on the
Amendment Effective Date will be in full force and effect. 

        (d)   This
Amendment has been duly executed and delivered by the Borrower and Holdings. Each of this Amendment and the Credit Agreement constitutes the legal, valid and
binding obligation of the Borrower and Holdings, enforceable against such Person in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other
similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability. 

        (e)   The
representations and warranties of the Borrower and Holdings in clauses (b) through (d) of this Section 3.1 will be on the Amendment Effective
Date true, correct and complete with the same effect as though made on and as of the Amendment Effective Date. 

        3.2.    Survival.    The representations and warranties in Section 3.1 shall survive the execution and delivery
of this Amendment and the Amendment Effective Date. 

ARTICLE 4

MISCELLANEOUS  

        4.1.    No Other Amendments; Reservation of Rights; No Waiver.    Other than as otherwise expressly provided herein,
this Amendment shall not be deemed to operate as an amendment or waiver of, or to prejudice, any right, power, privilege or remedy of any Secured Party under the Credit Agreement or any other Loan
Document, nor shall the entering into of this Amendment preclude any Secured Party from refusing to enter into any further amendments with respect to the Credit Agreement or any other Loan Document.
Except as specified in Section 2.1(f), this Amendment shall not constitute a waiver of compliance (i) with any covenant or other provision in the Credit Agreement or any other Loan
Document or (ii) of the occurrence or continuance of any present or future Default or Event of Default. 

        4.2.    Ratification and Confirmation.    Except as expressly set forth in this Amendment, the terms, provisions and
conditions of the Credit Agreement and the other Loan Documents are hereby ratified and confirmed and shall remain unchanged and in full force and effect without interruption or impairment of any
kind. 

8

 

        4.3.    Governing Law.    This Amendment will be governed by and construed in accordance with the laws of the State of
New York. 

        4.4.    Headings.    The article and section headings contained in this Amendment are inserted for convenience only
and will not affect in any way the meaning or interpretation of this Amendment. 

        4.5.    Counterparts.    This Amendment may be executed in two or more counterparts, each of which will be deemed an
original but all of which together will constitute one and the same instrument. This Amendment may be delivered by exchange of copies of the signature page by facsimile transmission. 

        4.6.    Severability.    The provisions of this Amendment will be deemed severable and the invalidity or
unenforceability of any provision will not affect the validity or enforceability of the other provisions hereof; provided that if any provision of this Amendment, as applied to any party or to any
circumstance, is judicially determined not to be enforceable in accordance with its terms, the parties agree that the court judicially making such determination may modify the provision in a manner
consistent with its objectives such that it is enforceable, and/or to delete specific words or phrases, and in its modified form, such provision will then be enforceable and will be enforced. 

        4.7.    Amendment.    This Amendment may not be amended or modified except in the manner specified for an amendment of
or modification to the Credit Agreement in Section 9.1 of the Credit Agreement. 

        4.8.    Costs; Expenses; Amendment Fee.    Regardless of whether the transactions contemplated by this Amendment are
consummated, the Borrower and Holdings, jointly and severally, agree to pay to: (i) the Administrative Agent on demand all reasonable out-of-pocket costs and expenses of
the Administrative Agent incurred in connection with the preparation, execution and delivery of this Amendment, including the reasonable fees and expenses of legal counsel to the Administrative Agent;
and (ii) each Lender that shall have executed and delivered a counterpart hereof (including by way of facsimile transmission) to the Administrative Agent on or prior to 5:00 p.m., New
York City time, on March 11, 2005 (or, if the Requisite Lenders have not executed and delivered counterparts of this Amendment on or prior to such date and time, on the Amendment Effective
Date) (each, a "Qualifying Lender"), an amendment fee equal to the product of (x) 20 basis points (0.20%) and (y) the Dollar Equivalent of
the sum of the principal amount of all Term Loans of such Qualifying Lender then outstanding on such date and the Revolving Credit Commitment of such Qualifying Lender on such date, which fee shall be
earned, due and payable on the Amendment Effective Date. 

        4.9.    Assignment; Binding Effect.    No party may assign either this Amendment or any of its rights, interests or
obligations hereunder except in the manner specified for an assignment in respect of the Credit Agreement in Section 9.2 of the Credit Agreement. All of the terms, agreements, covenants,
representations, warranties and conditions of this Amendment are binding upon, and inure to the benefit of and are enforceable by, the parties and their respective successors and permitted assigns. 

        4.10.    Entire Agreement.    The Credit Agreement as amended by this Amendment, together with the Exhibits and
Schedules thereto that are delivered pursuant thereto, constitutes the entire agreement and understanding of the parties in respect of the subject matter of the Credit Agreement as amended by this
Amendment and supersedes all prior understandings, agreements or representations by or among the parties, written or oral, to the extent they relate in any way to the subject matter of the Credit
Agreement as amended by this Amendment. 

[SIGNATURE PAGE FOLLOWS]

9

        IN WITNESS WHEREOF, the parties have executed this Amendment, or caused this Amendment to be executed by their authorized representatives,
as of the date stated in the introductory paragraph of this Amendment. 

	 	 	MERISANT COMPANY

MERISANT WORLDWIDE, INC.,

f/k/a Tabletop Holdings, Inc.
	

 	
 	

By:	

/s/  DONALD J. HOTZ      

	 	 	Name:	Donald J. Hotz
	 	 	Title:	Vice President, Finance and Chief Financial Officer
	

 	
 	

CREDIT SUISSE FIRST BOSTON,

Acting through its Cayman Islands Branch,

As Administrative Agent and as a Lender
	

 	
 	

By:	

/s/  S. WILLIAM FOX      

	 	 	Name:	S. William Fox
	 	 	Title:	Director
	

 	
 	

By:	

/s/  DAVID J. DODD      

	 	 	Name:	David J. Dodd
	 	 	Title:	Vice President
	

 	
 	

LANDMARK CDO LIMITED

ALADDIN CAPITAL MANAGEMENT LLC
	

 	
 	

By:	

/s/  WILLIAM S. LUTKINS      

	 	 	Name:	William S. Lutkins
	 	 	Title:	Director
	

 	
 	

LANDMARK II CDO LIMITED

ALADDIN CAPITAL MANAGEMENT LLC
	

 	
 	

By:	

/s/  WILLIAM S. LUTKINS      

	 	 	Name:	William S. Lutkins
	 	 	Title:	Director
	

 	
 	

LANDMARK III CDO LIMITED

ALADDIN CAPITAL MANAGEMENT LLC
	

 	
 	

By:	

/s/  WILLIAM S. LUTKINS      

	 	 	Name:	William S. Lutkins
	 	 	Title:	Director
	 	 	 	 

	

 	
 	

BANK OF AMERICA, N.A.
	

 	
 	

By:	

/s/  JONATHAN M. BARNES      

	 	 	Name:	Jonathan M. Barnes
	 	 	Title:	Associate
	

 	
 	

CREDIT SUISSE FIRST BOSTON INTERNATIONAL
	

 	
 	

By:	

/s/  IRINA BORISOVA      

	 	 	Name:	Irina Borisova
	 	 	Title:	Assistant Vice President
	

 	
 	

By:	

/s/  MARIA DE LELLIS      

	 	 	Name:	Maria de Lellis
	 	 	Title:	Assistant Vice President
	

 	
 	

FLAGSHIP CLO 2001-I
	

 	
 	

By:	

Flagship Capital Management, Inc.
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Director
	

 	
 	

FLAGSHIP CLO II
	

 	
 	

By:	

Flagship Capital Management, Inc.
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Director
	

 	
 	

FLAGSHIP CLO III
	

 	
 	

By:	

Flagship Capital Management, Inc.
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Director
	 	 	 	 

	

 	
 	

LOAN STAR STATE TRUST
	

 	
 	

By:	

Its Investment Manager

Highland Capital Management, L.P.

By its General Partner, Strand Advisors, Inc.
	

 	
 	

By:	

/s/  DAVID LANCELOT      

	 	 	Name:	David Lancelot
	 	 	Title:	Treasurer, Highland Capital Management, L.P.
	

 	
 	

ELF FUNDING TRUST I
	

 	
 	

By:	

Highland Capital Management, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  DAVID LANCELOT      

	 	 	Name:	David Lancelot
	 	 	Title:	Treasurer
	

 	
 	

FIRST TRUST/HIGHLAND CAPITAL FUNDING

RATE INCOME FUND
	

 	
 	

By:	

Highland Capital Management, L.P.

Its Investment Sub-Advisor
	

 	
 	

By:	

/s/  TODD A. TRAVERS      

	 	 	Name:	Todd A. Travers
	 	 	Title:	Assistant Secretary
	

 	
 	

PIONEER FLOATING RATE TRUST
	

 	
 	

By:	

Highland Capital Management, L.P.

Its Sub-Advisor
	

 	
 	

By:	

/s/  TODD A. TRAVERS      

	 	 	Name:	Todd A. Travers
	 	 	Title:	Assistant Secretary
	

 	
 	

SOUTHFORK CLO, LTD.
	

 	
 	

By:	

Highland Capital Management, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  DAVID LANCELOT      

	 	 	Name:	David Lancelot
	 	 	Title:	Treasurer

	

 	
 	

JPMORGAN CHASE BANK, N.A.,

succesor to BANK ONE, N.A.
	

 	
 	

By:	

/s/  MIKE KELLY      

	 	 	Name:	Mike Kelly
	 	 	Title:	Vice President
	

 	
 	

LASALLE BANK NATIONAL ASSOCIATION
	

 	
 	

By:	

/s/  MARLEE ZWEIGBAUM      

	 	 	Name:	Marlee Zweigbaum
	 	 	Title:	Vice Presidnet
	

 	
 	

MASTER SENIOR FLOATING RATE TRUST
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

LONGHORN CDO (CAYMAN) LTD
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

MERRILL LYNCH PRIME RATE PORTFOLIO
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Investment Advisor
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	 	 	 	 

	

 	
 	

LONGHORN CDO II, LTD.
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

LONGHORN CDO III, LTD.
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

PREMIUM LOAN TRUST I, LTD.
	

 	
 	

By:	

/s/  TIMOTHY S. VAN KIRK      

	 	 	Name:	Timothy S. Van Kirk
	 	 	Title:	Managing Director
	

 	
 	

SRF 2000, INC.
	

 	
 	

By:	

/s/  MEREDITH J. KOSLICK      

	 	 	Name:	Meredith J. Koslick
	 	 	Title:	Assisstant Vice President
	

 	
 	

HARBOURVIEW CLO IV, LTD.
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	AVP
	

 	
 	

HARBOURVIEW CLO V, LTD.
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	AVP
	 	 	 	 

	

 	
 	

OPPENHEIMER SENIOR FLOATING RATE FUND
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	AVP
	

 	
 	

STEIN ROE & FARNHAM CLO I LTD.
	

 	
 	

By:	

Columbia Management Advisors, Inc.

As Portfolio Manager
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Vice President
	

 	
 	

WACHOVIA BANK, NATIONAL ASSOCIATION
	

 	
 	

By:	

/s/  MARK S. SUPPLE      

	 	 	Name:	Mark S. Supple
	 	 	Title:	Vice President and Director
	

 	
 	

SEVERN RIVER MASTER FUND
	

 	
 	

By:	

/s/  JOHN R. GORDON      

	 	 	Name:	John R. Gordon
	 	 	Title:	Director
	

 	
 	

INDOSUEZ CAPITAL FUNDING VI, LIMITED
	

 	
 	

By:	

Lyon Capital Management LLC,

As Collateral Manager
	

 	
 	

By:	

/s/  ALEXANDER B. KENNA      

	 	 	Name:	Alexander B. Kenna
	 	 	Title:	Portfolio Manager
	

 	
 	

OLYMPIC CLO I, LTD
	

 	
 	

By:	

/s/  JOHN M. CASPARIAN      

	 	 	Name:	John M. Casparian
	 	 	Title	Chief Operating Officer Centre Pacific LLC, Manager
	 	 	 	 

	

 	
 	

HEWETT'S ISLAND CDO, LTD.
	

 	
 	

By:	

CypressTree Investment Management Company, Inc.

as Portfolio Manager
	

 	
 	

By:	

/s/  JEFFREY MEGAR      

	 	 	Name:	Jeffrey Megar
	 	 	Title:	Managing Director
	

 	
 	

INVESTORS BANK & TRUST COMPANY

as Sub-Custodian Agent of

CYPRESSTREE INTERNATIONAL LOAN

HOLDING COMPANY LIMITED
	

 	
 	

By:	

/s/  JEFFREY MEGAR      

	 	 	Name:	Jeffrey Megar
	 	 	Title:	Managing Director
	

 	
 	

By:	

/s/  PRESTON I. CARNES, JR.      

	 	 	Name:	Preston I. Carnes, Jr.
	 	 	Title:	Managing Director
	

 	
 	

FOREST CREEK CLO, Ltd.
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President
	

 	
 	

LONG GROVE CLO, LIMITED
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President

	

 	
 	

MUIRFIELD TRADING LLC
	

 	
 	

By:	

/s/  MEREDITH J. KOSLICK      

	 	 	Name:	Meredith J. Koslick
	 	 	Title:	Assistant Vice President
	

 	
 	

ROSEMONT CLO, Ltd.
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President
	

 	
 	

SEQUILS-Cumberland I, Ltd.
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President
	

 	
 	

BIG SKY SENIOR LOAN FUND, LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

COSTANTINUS EATON VANCE CDO V, LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	 	 	 	 

	

 	
 	

EATON VANCE INSTITUTIONAL SENIOR LOAN FUND
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE CDO III, LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE CDO VI LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE LIMITED DURATION INCOME FUND
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	 	 	 	 

	

 	
 	

EATON VANCE SENIOR FLOATING-RATE TRUST
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE SENIOR INCOME TRUST
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE VT FLOATING-RATE INCOME FUND
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

GRAYSON & CO
	

 	
 	

By:	

Boston Management and Research

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

SENIOR DEBT PORTFOLIO
	

 	
 	

By:	

Boston Management and Research

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	 	 	 	 

	

 	
 	

TOLLI & CO.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

GSC EUROPEAN CDO I.S.A.
	

 	
 	

By:	

/s/  [ILLEGIBLE]      

	 	 	Name:	[Illegible]
	 	 	Title:	Director
	

 	
 	

GENERAL ELECTRIC CAPITAL CORPORATION
	

 	
 	

By:	

/s/  BRIAN P. SCHWINN      

	 	 	Name:	Brian P. Schwinn
	 	 	Title:	Duly Authorized Signatory
	

 	
 	

HSH NORDBANK AG,

New York Branch
	

 	
 	

By:	

/s/  KLAUS BERNHART      

	 	 	Name:	Klaus Bernhart
	 	 	Title:	General Manager / New York Branch
	

 	
 	

By:	

/s/  SYLVIA CHENG      

	 	 	Name:	Sylvia Cheng
	 	 	Title:	Vice President
	

 	
 	

EMERALD ORCHARD LIMITED
	

 	
 	

By:	

/s/  JOHN HALL      

	 	 	Name:	John Hall
	 	 	Title:	Senior Manager
	

 	
 	

IKB CAPITAL CORPORATION
	

 	
 	

By:	

/s/  DAVID SNYDER      

	 	 	Name:	David Snyder
	 	 	Title:	President
	 	 	 	 

	

 	
 	

INVESCO EUROPEAN CDO I S.A.
	

 	
 	

By:	

INVESCO Senior Secured Management, Inc.

as Collateral Manager
	

 	
 	

By:	

/s/  THOMAS H.B. EWARD      

	 	 	Name:	Thomas H.B. Eward
	 	 	Title:	Authorized Signatory
	

 	
 	

NATIONWIDE MUTUAL INSURANCE COMPANY
	

 	
 	

By:	

/s/  THOMAS S. LEGGETT      

	 	 	Name:	Thomas S. Leggett
	 	 	Title:	Associate Vice President, Public Bonds
	

 	
 	

NATEXIS BANQUES POPULAIRES
	

 	
 	

By:	

/s/  TEFTA GHILAGA      

	 	 	Name:	Tefta Ghilaga
	 	 	Title:	Vice President
	

 	
 	

By:	

/s/  FRANK H. MADDEN, JR.      

	 	 	Name:	Frank H. Madden, Jr.
	 	 	Title:	Vice President and Group Manager
	

 	
 	

OASIS COLLATERALIZED HIGH INCOME PORTFOLIOS-1, LTD.
	

 	
 	

By:	

Patriarch Partners XIII, LLC,

its Managing Agent
	

 	
 	

By:	

/s/  LYNN TILTON      

	 	 	Name:	Lynn Tilton
	 	 	Title:	Manager
	

 	
 	

TORONTO DOMINION (NEW YORK), LLC
	

 	
 	

By:	

/s/  MASOOD FIKREE      

	 	 	Name:	Masood Fikree
	 	 	Title:	Authorized Signatory
	 	 	 	 

	

 	
 	

APEX (TRIMARAN) CDO I, LTD.
	

 	
 	

By:	

Trimaran Advisors, L.L.C.
	

 	
 	

By:	

/s/  DAVID M. MILLISON      

	 	 	Name:	David M. Millison
	 	 	Title:	Managing Director
	

 	
 	

ING CAPITAL MANAGEMENT LIMITED
	

 	
 	

By:	

Copernicus Euro CDO-II B.V.

Acting as Investment Advisor
	

 	
 	

By:	

/s/  HERMAN GUELOVANI      

	 	 	Name:	Herman Guelovani
	 	 	Title:	Director

QuickLinks

Exhibit 10.24QuickLinks
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Exhibit 10.24    
    

THIRD AMENDMENT TO CREDIT AGREEMENT  

        This THIRD AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), is dated as of March 11, 2005, among Merisant
Company, a Delaware corporation (the "Borrower"), Merisant Worldwide, Inc., a Delaware corporation, formerly known as Tabletop
Holdings, Inc. ("Holdings"), each of the Requisite Lenders listed on the signature page hereto and Credit Suisse First Boston, acting through its
Cayman Islands Branch, as agent for the Lenders and Issuers (in such capacity, the "Administrative Agent"). 

RECITALS  

        A.    The
Borrower, Holdings, the Lenders, the Issuers, the Administrative Agent, Credit Suisse First Boston, as sole arranger and book manager, Wachovia Bank, National
Association, as syndication agent, and JPMorgan Chase Bank, N.A. (successor by merger to Bank One, NA) and Fortis Capital Corp., as co-documentation agents are parties to that certain
Credit Agreement, dated as of July 11, 2003, as amended by that certain First Amendment to Credit Agreement, dated as of July 2, 2004 and by that certain Second Amendment to Credit
Agreement, dated as of October 20, 2004 (as heretofore further amended or otherwise modified, the "Credit Agreement"). 

        B.    The
Borrower and Holdings have requested that the levels of certain financial condition covenants be revised and the Administrative Agent and the Requisite Lenders have
agreed to such revisions subject to the addition of a consolidated senior leverage ratio financial covenant and a revision to the applicable margin, in each case as detailed below. 

        C.    The
Borrower, Holdings, the Requisite Lenders and the Administrative Agent have agreed to enter into this Amendment in accordance with Section 9.1(a) of the Credit
Agreement to amend and modify the Credit Agreement, among other things, to reflect the changes described above. 

        NOW,
THEREFORE, in consideration of the premises and the respective representations, warranties, covenants and agreements set forth in this Amendment, and intending to be legally bound,
the parties hereto agree as follows: 

ARTICLE 1

DEFINITIONS  

        1.1.    Defined Terms.    

        (a)   Capitalized
terms that are defined in this Amendment shall have the meanings ascribed in this Amendment to such terms. All other capitalized terms shall have the
meanings ascribed to such terms in the Credit Agreement as amended by this Amendment. Unless the context of this Amendment clearly requires otherwise, references to the plural include the singular;
references to the singular include the plural; the words "include," "includes," and "including" will be deemed to be followed by "without limitation"; and the term "or" has, except where otherwise
indicated, the inclusive meaning represented by the phrase "and/or". The principles of interpretation set forth in Section 1.4 of the Credit Agreement shall apply to the provisions of this
Amendment. 

        (b)   Each
reference to "hereof', "hereunder", "herein" and "hereby" and each other similar reference contained in the Credit Agreement, each reference to "this Agreement",
"the Credit Agreement" and each other similar reference contained in the Credit Agreement and each reference contained in this Amendment to the "Credit Agreement" shall on and after the Amendment
Effective Date refer to the Credit Agreement as amended by this Amendment. Any notices, requests, certificates and other instruments executed and delivered on or after the Amendment Effective Date may
refer to the Credit Agreement without making specific reference to this Amendment but nevertheless all such references shall mean the Credit Agreement as amended by this Amendment unless the context
otherwise requires. This Amendment constitutes a "Loan Document" as defined in the Credit Agreement. 

 

ARTICLE 2

AMENDMENTS AND LIMITED WAIVER  

        2.1.    (a) Amendment to Definition of "Applicable Margin".    The definition of "Applicable Margin" in
Section 1.1 of the Credit Agreement is hereby amended by (i) inserting the phrase "(1) with respect to any date on or prior to December 31, 2004," in the first sentence thereof
immediately after the word "means"; (ii) inserting the following clause immediately after the chart in the first sentence of such definition: 

        ";
or (2) with respect to any date after December 31, 2004, (a) on any date prior to the date 3 Business Days after the receipt by the Administrative Agent of the
Financial Statements required to be delivered pursuant to Section 5.1(b) for the Fiscal Quarter ending June 30, 2005, (i) with respect to the Revolving Loans and Swing Loans
maintained as (A) Base Rate Loans, a rate equal to 2.00% per annum or (B) LIBO Rate Loans (including any Euro Loans), a rate equal to 3.25% per annum, (ii) with respect to Tranche
A (Euro) Term Loans, a rate equal to 3.25% per annum, and (iii) with respect to the Tranche B Term Loans maintained as (A) Base Rate Loans, a rate equal to 2.00% per annum or
(B) LIBO Rate Loans, a rate equal to 3.25% per annum and (b) thereafter, as of any date of determination, a per annum rate equal to the rate set forth below opposite the applicable type
of Loan and the then applicable Consolidated Leverage Ratio (determined for the period ending on the last day of the most recent Fiscal Quarter or Fiscal Year, as applicable, for which Financial
Statements have been delivered pursuant to Section 5.1(a) or (b) set forth below: 

	 
	 	Applicable Margin for

Revolving Loans

and Swing Loans
	 	Applicable

Margin for

Tranche A

(Euro) Term

Loans
	 	Applicable Margin for

Tranche B Term Loans
	 
	Consolidated Leverage Ratio
 
	 	LIBO Rate

Loans
	 	Base Rate

Loans
	 	LIBO Rate

Loans
	 	LIBO Rate

Loans
	 	Base Rate

Loans
	 
	Greater than or equal to 5.25x	 	3.25	%	2.00	%	3.25	%	3.25	%	2.00	%
	Less than 5.25x but greater than or equal to 4.5x	 	3.00	%	1.75	%	3.00	%	3.00	%	1.75	%
	Less than 4.5x but greater than or equal to 4x	 	2.75	%	1.50	%	2.75	%	2.75	%	1.50	%
	Less than 4x but greater than or equal to 3.5x	 	2.50	%	1.25	%	2.50	%	2.75	%	1.50	%
	Less than 3.5x	 	2.25	%	1.00	%	2.25	%	2.75	%	1.50	%

;
and (iii) replacing the phrase "above chart" in each of the three locations such phrase appears in the last two sentences of such definition with the phrase "chart in clause (1) above
(if the date of determination is on or prior to December 31, 2004) or the chart in clause (2) above (if the date of determination is after December 31, 2004)". 

        (b)    Amendment to the Definition of Consolidated EBITDA.    The definition of "Consolidated EBITDA" in
Section 1.1 of the Credit Agreement is hereby amended as reflected in the black-lined material below: 

        "Consolidated EBITDA" means, for any period, Consolidated Net Income for such period plus, without duplication and to the extent reflected
as a charge in the statement of such Consolidated Net Income for such period, the sum of (a) income tax expense, (b) Consolidated Interest Expense, (c) depreciation and
amortization expense, (d) amortization of intangibles (including goodwill) and organization costs, (e) any extraordinary, unusual or non-recurring non-cash
expenses or losses (including non-cash losses on sales of assets outside of the ordinary course of business), (f) non-cash contributions and other non-cash
compensation expense, (g) non-cash losses attributable to equity in non-consolidated Subsidiaries, (h) transaction costs associated with the Recapitalization
which are expensed and not amortized, (i) any non-cash foreign currency translation adjustments, (j) any extraordinary or non-recurring cash losses or expenses
arising from restructuring not to exceed in the aggregate since October 1, 2002 (x) if such period ends prior to January 1, 2004, $8,600,000 or (y) if such period ends on
or after January 1, 2004, $14,600,000, (k) any cash (i) IDS Transaction Expenses not to exceed in the aggregate since January 1, 2004 (x) if such period ends prior
to November 1, 2004, $500,000 or (y) if such period ends on or after November 1, 2004, $4,500,000, and (ii) transaction expenses incurred by the 

2

 

Borrower
associated with the Third Amendment to Credit Agreement, (l) any other non-cash charges, including (in case of clauses (e), (f), (g), (i) or (l)) and
(ii) charges representing either (x) accruals of or reserves for cash expenditures in a future period or (y) amortization of prepaid items paid in cash in a prior period, and (m)
charges arising from (x) write-offs or write-downs of obsolete or slow-moving inventory, or (y) write-offs of account receivables or indebtedness
including, without limitation, any such charges resulting from the insolvency or receivership proceedings of Food Brokers Limited or Winn-Dixie Stores, Inc., all such charges under
clauses (x) and (y) not to exceed $5,000,000 in the aggregate since September 30, 2004, minus, to the extent included in the statement of such Consolidated Net Income for such
period, the sum of (a) interest income, (b) any extraordinary, unusual or non-recurring income or gains (including, whether or not otherwise includable as a separate item
in the statement of such Consolidated Net Income for such period, gains on the sales of assets outside of the ordinary course of business), (c) non-cash gains related to employee
compensation, (d) any other non-cash income, all as determined on a consolidated basis, and (e) cash expenditures for (x) previously accrued or reserved charges or
(y) prepaid items to be amortized in future periods. For the purposes of calculating Consolidated EBITDA for any period of four consecutive Fiscal Quarters (each, a "Reference Period") pursuant
to any determination of the Consolidated Leverage Ratio, (i) if at any time during such Reference Period the Borrower or any Subsidiary shall have made any Material Disposition, the
Consolidated EBITDA for such Reference Period shall be reduced by an amount equal to the Consolidated EBITDA (if positive) attributable to the property that is the subject of such Material Disposition
for such Reference Period or increased by an amount equal to the Consolidated EBITDA (if negative) attributable thereto for such Reference Period and (ii) if during such Reference Period the
Borrower or any Subsidiary shall have made a Material Acquisition, Consolidated EBITDA for such Reference Period shall be calculated after giving pro forma effect thereto as if such Material
Acquisition occurred on the first day of such Reference Period. As used in this definition, "Material Acquisition" means any acquisition of property or series of related acquisitions of property
(including by way of a merger or consolidation) that (a) constitutes assets comprising all or substantially all of an operating unit of a business or constitutes all or substantially all of
the common stock of a Person and (b) involves the payment of consideration by the Borrower and its Subsidiaries in excess of $10,000,000; and "Material Disposition" means any Disposition of
property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $10,000,000. 

        (c)    Additional Defined Terms.    Section 1.1 of the Credit Agreement is hereby amended by adding the
following definitions in the proper alphabetical order: 

        "Consolidated Total Senior Debt" means, at any date, the aggregate principal amount of all Indebtedness of the Borrower and its
Subsidiaries at such date (excluding the Indebtedness in respect of the Senior Subordinated Notes and any other Indebtedness all obligors which are Loan Parties and that, as to each obligor thereon,
is subordinated and junior in right of payment to the Secured Obligations of such obligor to the same extent as the obligations of such obligor with respect to the Senior Subordinated Notes are so
subordinated and junior in right of payment, as determined by the Administrative Agent in the exercise of its reasonable discretion), all as determined on a consolidated basis in accordance with GAAP. 

        "Consolidated Senior Leverage Ratio" means, as at the last day of any period, the ratio of (a) Consolidated Total Senior Debt on
such day to (b) Consolidated EBITDA for such period. 

        "Third Amendment to Credit Agreement" means, that certain Third Amendment to Credit Agreement, dated as of March 11, 2005, among
the Borrower, Holdings, each of the Requisite Lenders on the signature pages thereto and the Administrative Agent. 

        (d)    Amendment to Optional Prepayment of Term Loans.    Section 2.8(b) of the Credit Agreement is hereby
amended by adding the following sentence at the end of such section: 

The
Borrower hereby agrees that in addition to any other amounts due under this Agreement or any other Loan Document, if the Borrower prepays any portion of the outstanding principal amount of any
Tranche of the Term Loans pursuant to this Section 2.8(b) or Section 2.9(a) on or prior to the first anniversary of the Amendment Effective Date (as such term is defined in the Third
Amendment to Credit Agreement) with the proceeds of a substantially concurrent 

3

 

incurrence
of new term loans pursuant to a senior credit facility bearing interest at a per annum rate that is less than the effective interest rate applicable to the Term Loans that are so prepaid,
the Borrower shall pay each applicable Lender, as liquidated damages and compensation for costs and lost profits, an amount equal to one percent (1%) of the principal amount of such Lender's Term
Loans that are so prepaid. 

        (e)    Amendments to Financial Condition Covenants.    Section 6.1 of the Credit Agreement is hereby amended to
read in its entirety as follows: 

        (a)    Consolidated Leverage Ratio.    Each of the Borrower and Holdings will not, and will not permit any of its
Subsidiaries to, directly or indirectly, permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive Fiscal Quarters of the Borrower ending with any Fiscal Quarter set
forth below to exceed the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Leverage

Ratio

	September 30, 2003	 	5.00x
	December 31, 2003	 	5.00x
	March 31, 2004	 	5.00x
	June 30, 2004	 	5.00x
	September 30, 2004	 	5.00x
	December 31, 2004	 	5.25x
	March 31, 2005	 	5.85x
	June 30, 2005	 	5.85x
	September 30, 2005	 	5.85x
	December 31, 2005	 	5.85x
	March 31, 2006	 	5.75x
	June 30, 2006	 	5.75x
	September 30, 2006	 	5.75x
	December 31, 2006	 	5.60x
	March 31, 2007	 	5.50x
	June 30, 2007	 	5.50x
	September 30, 2007	 	5.50x
	December 31, 2007	 	5.25x
	March 31, 2008	 	5.25x
	June 30, 2008	 	5.25x
	September 30, 2008	 	5.25x
	December 31, 2008	 	4.95x
	March 31, 2009	 	4.95x
	June 30, 2009	 	4.95x
	September 30, 2009	 	4.95x
	December 31, 2009	 	4.95x
	Thereafter	 	4.95x

        (b)    Consolidated Interest Coverage Ratio.    Each of the Borrower and Holdings will not, and will not permit any of
its Subsidiaries to, directly or indirectly, permit the Consolidated Interest Coverage Ratio for any period of four consecutive Fiscal Quarters of the Borrower ending with 

4

 

any
Fiscal Quarter set forth below to be less than the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Interest Coverage

Ratio

	September 30, 2003	 	1.90x
	December 31, 2003	 	1.90x
	March 31, 2004	 	2.00x
	June 30, 2004	 	2.00x
	September 30, 2004	 	2.00x
	December 31, 2004	 	2.00x
	March 31, 2005	 	1.75x
	June 30, 2005	 	1.75x
	September 30, 2005	 	1.75x
	December 31, 2005	 	1.75x
	March 31, 2006	 	1.75x
	June 30, 2006	 	1.75x
	September 30, 2006	 	1.75x
	December 31, 2006	 	2.00x
	March 31, 2007	 	2.00x
	June 30, 2007	 	2.00x
	September 30, 2007	 	2.00x
	December 31, 2007	 	2.25x
	March 31, 2008	 	2.25x
	June 30, 2008	 	2.25x
	September 30, 2008	 	2.25x
	December 31, 2008	 	2.25x
	March 31, 2009	 	2.25x
	June 30, 2009	 	2.25x
	September 30, 2009	 	2.25x
	December 31, 2009	 	2.25x
	Thereafter	 	2.25x

        (c)    Consolidated Fixed Charge Coverage Ratio.    Each of the Borrower and Holdings will not, and will not permit
any of its Subsidiaries to, directly or indirectly, permit the Consolidated Fixed Charge Coverage Ratio for any period of four consecutive Fiscal Quarters of the Borrower ending 

5

 

with
any Fiscal Quarter set forth below to be less than the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Fixed Charge Coverage

Ratio

	September 30, 2003	 	1.15x
	December 31, 2003	 	1.15x
	March 31, 2004	 	1.25x
	June 30, 2004	 	1.25x
	September 30, 2004	 	1.25x
	December 31, 2004	 	1.15x
	March 31, 2005	 	1.00x
	June 30, 2005	 	1.00x
	September 30, 2005	 	1.00x
	December 31, 2005	 	1.00x
	March 31, 2006	 	1.00x
	June 30, 2006	 	1.00x
	September 30, 2006	 	1.05x
	December 31, 2006	 	1.05x
	March 31, 2007	 	1.05x
	June 30, 2007	 	1.05x
	September 30, 2007	 	1.05x
	December 31, 2007	 	1.10x
	March 31, 2008	 	1.10x
	June 30, 2008	 	1.10x
	September 30, 2008	 	1.10x
	December 31, 2008	 	1.10x
	March 31, 2009	 	1.10x
	June 30, 2009	 	1.10x
	September 30, 2009	 	1.10x
	December 31, 2009	 	1.10x
	Thereafter	 	1.10x

        (d)    Consolidated Senior Leverage Ratio.    Each of the Borrower and Holdings will not, and will not permit any of
its Subsidiaries to, directly or indirectly, permit the Consolidated Senior Leverage Ratio for any period of four consecutive Fiscal Quarters of the Borrower ending with any 

6

 

Fiscal
Quarter set forth below to be less than the ratio set forth below opposite such Fiscal Quarter: 

	Quarter-End

Date
 
	 	Consolidated

Senior Leverage

Ratio

	March 31, 2005	 	3.00x
	June 30, 2005	 	3.00x
	September 30, 2005	 	3.00x
	December 31, 2005	 	2.70x
	March 31, 2006	 	2.70x
	June 30, 2006	 	2.70x
	September 30, 2006	 	2.70x
	December 31, 2006	 	2.50x
	March 31, 2007	 	2.50x
	June 30, 2007	 	2.35x
	September 30, 2007	 	2.35x
	December 31, 2007	 	2.25x
	March 31, 2008	 	2.20x
	June 30, 2008	 	2.20x
	September 30, 2008	 	2.20x
	December 31, 2008	 	1.85x
	March 31, 2009	 	1.85x
	June 30, 2009	 	1.85x
	September 30, 2009	 	1.85x
	December 31, 2009	 	1.85x
	Thereafter	 	1.85x

        (f)    Limited Waiver.    The Requisite Lenders hereby waive any Default or Event of Default caused solely and
directly by the Loan Parties' failure to comply with the requirements of Section 6.1(a) of the Credit Agreement by exceeding the maximum Consolidated Leverage Ratio permitted thereunder for the
four consecutive Fiscal Quarters of the Borrower ending on December 31, 2004. 

        2.2.    Effectiveness.    This Amendment shall become effective as of the first date (the
"Amendment Effective Date") on which each of the following conditions is satisfied: 

	(a)
	there
shall have been delivered to the Administrative Agent in accordance with Section 4.5 counterparts of this Amendment executed by each of the Administrative Agent, the
Requisite Lenders, the Borrower and Holdings;

	(b)
	the
Administrative Agent and the Arranger shall have received all fees and accrued and unpaid costs and expenses (including reasonable legal fees and expenses) required to be paid on
or prior to the Amendment Effective Date pursuant to (x) that certain fee letter, dated March 1, 2005, addressed to the Borrower from the Arranger and accepted by the Borrower as of
March 1, 2005, (y) the Credit Agreement or (z) this Amendment; and

	(c)
	each
Qualifying Lender (as defined below) shall have received the portion of the amendment fee required to be paid thereto pursuant to Section 4.8 hereof on or prior to the
Amendment Effective Date. 

ARTICLE 3

REPRESENTATIONS AND WARRANTIES  

        3.1.    Representations and Warranties.    To induce the Lenders and the Administrative Agent to enter into this
Amendment, the Borrower and Holdings, jointly and severally, represents and warrants to the Administrative Agent, each Issuer and each Lender that: 

        (a)   The
representations and warranties of each of the Borrower and Holdings in Article IV of the Credit Agreement are on the date of execution and delivery of this
Amendment, and will be on the Amendment Effective Date, true, correct and complete in all material respects with the 

7

 

same
effect as though made on and as of such respective date (or, to the extent such representations and warranties expressly relate to an earlier date, on and as of such earlier date). 

        (b)   Each
of the Borrower and Holdings is in compliance in all material respects with all the terms and provisions set forth in the Credit Agreement and in each other Loan
Document on its part to be observed or performed; and, except as specified in Section 2.1(f), no Default or Event of Default has occurred and is continuing. 

        (c)   The
execution, delivery and performance by the Borrower and Holdings of this Amendment: 

          (i)  are
within such Person's corporate powers; 

         (ii)  have
been duly authorized by all necessary corporate or other entity action, including the consent of the holders of its equity interests where required; 

        (iii)  do
not and will not (A) contravene the certificate of incorporation or by-laws of such Person, (B) violate any other applicable requirement
of law applicable to such Person or any order or decree of any governmental authority or arbitrator applicable to such Person, (C) conflict with or result in the breach of, or constitute a
default under, or result in or permit the termination or acceleration of, any contractual obligation of such Person or any of its Subsidiaries, or (D) result in the creation or imposition of
any Lien upon any of the property of such Person or any of its Subsidiaries other than those Liens permitted by the Loan Documents; and 

        (iv)  do
not and will not require the consent of, authorization by, approval of, notice to, or filing or registration with, any governmental authority or any other person,
other than those which prior to the
Amendment Effective Date will have been obtained or made and copies of which prior to the Amendment Effective Date will have been delivered to the Administrative Agent and each of which on the
Amendment Effective Date will be in full force and effect. 

        (d)   This
Amendment has been duly executed and delivered by the Borrower and Holdings. Each of this Amendment and the Credit Agreement constitutes the legal, valid and
binding obligation of the Borrower and Holdings, enforceable against such Person in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other
similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability. 

        (e)   The
representations and warranties of the Borrower and Holdings in clauses (b) through (d) of this Section 3.1 will be on the Amendment Effective
Date true, correct and complete with the same effect as though made on and as of the Amendment Effective Date. 

        3.2.    Survival.    The representations and warranties in Section 3.1 shall survive the execution and delivery
of this Amendment and the Amendment Effective Date. 

ARTICLE 4

MISCELLANEOUS  

        4.1.    No Other Amendments; Reservation of Rights; No Waiver.    Other than as otherwise expressly provided herein,
this Amendment shall not be deemed to operate as an amendment or waiver of, or to prejudice, any right, power, privilege or remedy of any Secured Party under the Credit Agreement or any other Loan
Document, nor shall the entering into of this Amendment preclude any Secured Party from refusing to enter into any further amendments with respect to the Credit Agreement or any other Loan Document.
Except as specified in Section 2.1(f), this Amendment shall not constitute a waiver of compliance (i) with any covenant or other provision in the Credit Agreement or any other Loan
Document or (ii) of the occurrence or continuance of any present or future Default or Event of Default. 

        4.2.    Ratification and Confirmation.    Except as expressly set forth in this Amendment, the terms, provisions and
conditions of the Credit Agreement and the other Loan Documents are hereby ratified and confirmed and shall remain unchanged and in full force and effect without interruption or impairment of any
kind. 

8

 

        4.3.    Governing Law.    This Amendment will be governed by and construed in accordance with the laws of the State of
New York. 

        4.4.    Headings.    The article and section headings contained in this Amendment are inserted for convenience only
and will not affect in any way the meaning or interpretation of this Amendment. 

        4.5.    Counterparts.    This Amendment may be executed in two or more counterparts, each of which will be deemed an
original but all of which together will constitute one and the same instrument. This Amendment may be delivered by exchange of copies of the signature page by facsimile transmission. 

        4.6.    Severability.    The provisions of this Amendment will be deemed severable and the invalidity or
unenforceability of any provision will not affect the validity or enforceability of the other provisions hereof; provided that if any provision of this Amendment, as applied to any party or to any
circumstance, is judicially determined not to be enforceable in accordance with its terms, the parties agree that the court judicially making such determination may modify the provision in a manner
consistent with its objectives such that it is enforceable, and/or to delete specific words or phrases, and in its modified form, such provision will then be enforceable and will be enforced. 

        4.7.    Amendment.    This Amendment may not be amended or modified except in the manner specified for an amendment of
or modification to the Credit Agreement in Section 9.1 of the Credit Agreement. 

        4.8.    Costs; Expenses; Amendment Fee.    Regardless of whether the transactions contemplated by this Amendment are
consummated, the Borrower and Holdings, jointly and severally, agree to pay to: (i) the Administrative Agent on demand all reasonable out-of-pocket costs and expenses of
the Administrative Agent incurred in connection with the preparation, execution and delivery of this Amendment, including the reasonable fees and expenses of legal counsel to the Administrative Agent;
and (ii) each Lender that shall have executed and delivered a counterpart hereof (including by way of facsimile transmission) to the Administrative Agent on or prior to 5:00 p.m., New
York City time, on March 11, 2005 (or, if the Requisite Lenders have not executed and delivered counterparts of this Amendment on or prior to such date and time, on the Amendment Effective
Date) (each, a "Qualifying Lender"), an amendment fee equal to the product of (x) 20 basis points (0.20%) and (y) the Dollar Equivalent of
the sum of the principal amount of all Term Loans of such Qualifying Lender then outstanding on such date and the Revolving Credit Commitment of such Qualifying Lender on such date, which fee shall be
earned, due and payable on the Amendment Effective Date. 

        4.9.    Assignment; Binding Effect.    No party may assign either this Amendment or any of its rights, interests or
obligations hereunder except in the manner specified for an assignment in respect of the Credit Agreement in Section 9.2 of the Credit Agreement. All of the terms, agreements, covenants,
representations, warranties and conditions of this Amendment are binding upon, and inure to the benefit of and are enforceable by, the parties and their respective successors and permitted assigns. 

        4.10.    Entire Agreement.    The Credit Agreement as amended by this Amendment, together with the Exhibits and
Schedules thereto that are delivered pursuant thereto, constitutes the entire agreement and understanding of the parties in respect of the subject matter of the Credit Agreement as amended by this
Amendment and supersedes all prior understandings, agreements or representations by or among the parties, written or oral, to the extent they relate in any way to the subject matter of the Credit
Agreement as amended by this Amendment. 

[SIGNATURE PAGE FOLLOWS]

9

        IN WITNESS WHEREOF, the parties have executed this Amendment, or caused this Amendment to be executed by their authorized representatives,
as of the date stated in the introductory paragraph of this Amendment. 

	 	 	MERISANT COMPANY

MERISANT WORLDWIDE, INC.,

f/k/a Tabletop Holdings, Inc.
	

 	
 	

By:	

/s/  DONALD J. HOTZ      

	 	 	Name:	Donald J. Hotz
	 	 	Title:	Vice President, Finance and Chief Financial Officer
	

 	
 	

CREDIT SUISSE FIRST BOSTON,

Acting through its Cayman Islands Branch,

As Administrative Agent and as a Lender
	

 	
 	

By:	

/s/  S. WILLIAM FOX      

	 	 	Name:	S. William Fox
	 	 	Title:	Director
	

 	
 	

By:	

/s/  DAVID J. DODD      

	 	 	Name:	David J. Dodd
	 	 	Title:	Vice President
	

 	
 	

LANDMARK CDO LIMITED

ALADDIN CAPITAL MANAGEMENT LLC
	

 	
 	

By:	

/s/  WILLIAM S. LUTKINS      

	 	 	Name:	William S. Lutkins
	 	 	Title:	Director
	

 	
 	

LANDMARK II CDO LIMITED

ALADDIN CAPITAL MANAGEMENT LLC
	

 	
 	

By:	

/s/  WILLIAM S. LUTKINS      

	 	 	Name:	William S. Lutkins
	 	 	Title:	Director
	

 	
 	

LANDMARK III CDO LIMITED

ALADDIN CAPITAL MANAGEMENT LLC
	

 	
 	

By:	

/s/  WILLIAM S. LUTKINS      

	 	 	Name:	William S. Lutkins
	 	 	Title:	Director
	 	 	 	 

	

 	
 	

BANK OF AMERICA, N.A.
	

 	
 	

By:	

/s/  JONATHAN M. BARNES      

	 	 	Name:	Jonathan M. Barnes
	 	 	Title:	Associate
	

 	
 	

CREDIT SUISSE FIRST BOSTON INTERNATIONAL
	

 	
 	

By:	

/s/  IRINA BORISOVA      

	 	 	Name:	Irina Borisova
	 	 	Title:	Assistant Vice President
	

 	
 	

By:	

/s/  MARIA DE LELLIS      

	 	 	Name:	Maria de Lellis
	 	 	Title:	Assistant Vice President
	

 	
 	

FLAGSHIP CLO 2001-I
	

 	
 	

By:	

Flagship Capital Management, Inc.
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Director
	

 	
 	

FLAGSHIP CLO II
	

 	
 	

By:	

Flagship Capital Management, Inc.
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Director
	

 	
 	

FLAGSHIP CLO III
	

 	
 	

By:	

Flagship Capital Management, Inc.
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Director
	 	 	 	 

	

 	
 	

LOAN STAR STATE TRUST
	

 	
 	

By:	

Its Investment Manager

Highland Capital Management, L.P.

By its General Partner, Strand Advisors, Inc.
	

 	
 	

By:	

/s/  DAVID LANCELOT      

	 	 	Name:	David Lancelot
	 	 	Title:	Treasurer, Highland Capital Management, L.P.
	

 	
 	

ELF FUNDING TRUST I
	

 	
 	

By:	

Highland Capital Management, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  DAVID LANCELOT      

	 	 	Name:	David Lancelot
	 	 	Title:	Treasurer
	

 	
 	

FIRST TRUST/HIGHLAND CAPITAL FUNDING

RATE INCOME FUND
	

 	
 	

By:	

Highland Capital Management, L.P.

Its Investment Sub-Advisor
	

 	
 	

By:	

/s/  TODD A. TRAVERS      

	 	 	Name:	Todd A. Travers
	 	 	Title:	Assistant Secretary
	

 	
 	

PIONEER FLOATING RATE TRUST
	

 	
 	

By:	

Highland Capital Management, L.P.

Its Sub-Advisor
	

 	
 	

By:	

/s/  TODD A. TRAVERS      

	 	 	Name:	Todd A. Travers
	 	 	Title:	Assistant Secretary
	

 	
 	

SOUTHFORK CLO, LTD.
	

 	
 	

By:	

Highland Capital Management, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  DAVID LANCELOT      

	 	 	Name:	David Lancelot
	 	 	Title:	Treasurer

	

 	
 	

JPMORGAN CHASE BANK, N.A.,

succesor to BANK ONE, N.A.
	

 	
 	

By:	

/s/  MIKE KELLY      

	 	 	Name:	Mike Kelly
	 	 	Title:	Vice President
	

 	
 	

LASALLE BANK NATIONAL ASSOCIATION
	

 	
 	

By:	

/s/  MARLEE ZWEIGBAUM      

	 	 	Name:	Marlee Zweigbaum
	 	 	Title:	Vice Presidnet
	

 	
 	

MASTER SENIOR FLOATING RATE TRUST
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

LONGHORN CDO (CAYMAN) LTD
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

MERRILL LYNCH PRIME RATE PORTFOLIO
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Investment Advisor
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	 	 	 	 

	

 	
 	

LONGHORN CDO II, LTD.
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

LONGHORN CDO III, LTD.
	

 	
 	

By:	

Merrill Lynch Investment Managers, L.P.

As Collateral Manager
	

 	
 	

By:	

/s/  MATTHEW WALLACK      

	 	 	Name:	Matthew Wallack
	 	 	Title:	Authorized Signatory
	

 	
 	

PREMIUM LOAN TRUST I, LTD.
	

 	
 	

By:	

/s/  TIMOTHY S. VAN KIRK      

	 	 	Name:	Timothy S. Van Kirk
	 	 	Title:	Managing Director
	

 	
 	

SRF 2000, INC.
	

 	
 	

By:	

/s/  MEREDITH J. KOSLICK      

	 	 	Name:	Meredith J. Koslick
	 	 	Title:	Assisstant Vice President
	

 	
 	

HARBOURVIEW CLO IV, LTD.
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	AVP
	

 	
 	

HARBOURVIEW CLO V, LTD.
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	AVP
	 	 	 	 

	

 	
 	

OPPENHEIMER SENIOR FLOATING RATE FUND
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	AVP
	

 	
 	

STEIN ROE & FARNHAM CLO I LTD.
	

 	
 	

By:	

Columbia Management Advisors, Inc.

As Portfolio Manager
	

 	
 	

By:	

/s/  ERIC S. MEYER      

	 	 	Name:	Eric S. Meyer
	 	 	Title:	Vice President
	

 	
 	

WACHOVIA BANK, NATIONAL ASSOCIATION
	

 	
 	

By:	

/s/  MARK S. SUPPLE      

	 	 	Name:	Mark S. Supple
	 	 	Title:	Vice President and Director
	

 	
 	

SEVERN RIVER MASTER FUND
	

 	
 	

By:	

/s/  JOHN R. GORDON      

	 	 	Name:	John R. Gordon
	 	 	Title:	Director
	

 	
 	

INDOSUEZ CAPITAL FUNDING VI, LIMITED
	

 	
 	

By:	

Lyon Capital Management LLC,

As Collateral Manager
	

 	
 	

By:	

/s/  ALEXANDER B. KENNA      

	 	 	Name:	Alexander B. Kenna
	 	 	Title:	Portfolio Manager
	

 	
 	

OLYMPIC CLO I, LTD
	

 	
 	

By:	

/s/  JOHN M. CASPARIAN      

	 	 	Name:	John M. Casparian
	 	 	Title	Chief Operating Officer Centre Pacific LLC, Manager
	 	 	 	 

	

 	
 	

HEWETT'S ISLAND CDO, LTD.
	

 	
 	

By:	

CypressTree Investment Management Company, Inc.

as Portfolio Manager
	

 	
 	

By:	

/s/  JEFFREY MEGAR      

	 	 	Name:	Jeffrey Megar
	 	 	Title:	Managing Director
	

 	
 	

INVESTORS BANK & TRUST COMPANY

as Sub-Custodian Agent of

CYPRESSTREE INTERNATIONAL LOAN

HOLDING COMPANY LIMITED
	

 	
 	

By:	

/s/  JEFFREY MEGAR      

	 	 	Name:	Jeffrey Megar
	 	 	Title:	Managing Director
	

 	
 	

By:	

/s/  PRESTON I. CARNES, JR.      

	 	 	Name:	Preston I. Carnes, Jr.
	 	 	Title:	Managing Director
	

 	
 	

FOREST CREEK CLO, Ltd.
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President
	

 	
 	

LONG GROVE CLO, LIMITED
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President

	

 	
 	

MUIRFIELD TRADING LLC
	

 	
 	

By:	

/s/  MEREDITH J. KOSLICK      

	 	 	Name:	Meredith J. Koslick
	 	 	Title:	Assistant Vice President
	

 	
 	

ROSEMONT CLO, Ltd.
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President
	

 	
 	

SEQUILS-Cumberland I, Ltd.
	

 	
 	

By:	

Deerfield Capital Management LLC

as its Collateral Manager
	

 	
 	

By:	

/s/  KEN SELLE      

	 	 	Name:	Ken Selle
	 	 	Title:	Senior Vice President
	

 	
 	

BIG SKY SENIOR LOAN FUND, LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

COSTANTINUS EATON VANCE CDO V, LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	 	 	 	 

	

 	
 	

EATON VANCE INSTITUTIONAL SENIOR LOAN FUND
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE CDO III, LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE CDO VI LTD.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE LIMITED DURATION INCOME FUND
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	 	 	 	 

	

 	
 	

EATON VANCE SENIOR FLOATING-RATE TRUST
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE SENIOR INCOME TRUST
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

EATON VANCE VT FLOATING-RATE INCOME FUND
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

GRAYSON & CO
	

 	
 	

By:	

Boston Management and Research

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

SENIOR DEBT PORTFOLIO
	

 	
 	

By:	

Boston Management and Research

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	 	 	 	 

	

 	
 	

TOLLI & CO.
	

 	
 	

By:	

Eaton Vance Management

as Investment Advisor
	

 	
 	

By:	

/s/  MICHAEL B. BOTTHOF      

	 	 	Name:	Michael B. Botthof
	 	 	Title:	Vice President
	

 	
 	

GSC EUROPEAN CDO I.S.A.
	

 	
 	

By:	

/s/  [ILLEGIBLE]      

	 	 	Name:	[Illegible]
	 	 	Title:	Director
	

 	
 	

GENERAL ELECTRIC CAPITAL CORPORATION
	

 	
 	

By:	

/s/  BRIAN P. SCHWINN      

	 	 	Name:	Brian P. Schwinn
	 	 	Title:	Duly Authorized Signatory
	

 	
 	

HSH NORDBANK AG,

New York Branch
	

 	
 	

By:	

/s/  KLAUS BERNHART      

	 	 	Name:	Klaus Bernhart
	 	 	Title:	General Manager / New York Branch
	

 	
 	

By:	

/s/  SYLVIA CHENG      

	 	 	Name:	Sylvia Cheng
	 	 	Title:	Vice President
	

 	
 	

EMERALD ORCHARD LIMITED
	

 	
 	

By:	

/s/  JOHN HALL      

	 	 	Name:	John Hall
	 	 	Title:	Senior Manager
	

 	
 	

IKB CAPITAL CORPORATION
	

 	
 	

By:	

/s/  DAVID SNYDER      

	 	 	Name:	David Snyder
	 	 	Title:	President
	 	 	 	 

	

 	
 	

INVESCO EUROPEAN CDO I S.A.
	

 	
 	

By:	

INVESCO Senior Secured Management, Inc.

as Collateral Manager
	

 	
 	

By:	

/s/  THOMAS H.B. EWARD      

	 	 	Name:	Thomas H.B. Eward
	 	 	Title:	Authorized Signatory
	

 	
 	

NATIONWIDE MUTUAL INSURANCE COMPANY
	

 	
 	

By:	

/s/  THOMAS S. LEGGETT      

	 	 	Name:	Thomas S. Leggett
	 	 	Title:	Associate Vice President, Public Bonds
	

 	
 	

NATEXIS BANQUES POPULAIRES
	

 	
 	

By:	

/s/  TEFTA GHILAGA      

	 	 	Name:	Tefta Ghilaga
	 	 	Title:	Vice President
	

 	
 	

By:	

/s/  FRANK H. MADDEN, JR.      

	 	 	Name:	Frank H. Madden, Jr.
	 	 	Title:	Vice President and Group Manager
	

 	
 	

OASIS COLLATERALIZED HIGH INCOME PORTFOLIOS-1, LTD.
	

 	
 	

By:	

Patriarch Partners XIII, LLC,

its Managing Agent
	

 	
 	

By:	

/s/  LYNN TILTON      

	 	 	Name:	Lynn Tilton
	 	 	Title:	Manager
	

 	
 	

TORONTO DOMINION (NEW YORK), LLC
	

 	
 	

By:	

/s/  MASOOD FIKREE      

	 	 	Name:	Masood Fikree
	 	 	Title:	Authorized Signatory
	 	 	 	 

	

 	
 	

APEX (TRIMARAN) CDO I, LTD.
	

 	
 	

By:	

Trimaran Advisors, L.L.C.
	

 	
 	

By:	

/s/  DAVID M. MILLISON      

	 	 	Name:	David M. Millison
	 	 	Title:	Managing Director
	

 	
 	

ING CAPITAL MANAGEMENT LIMITED
	

 	
 	

By:	

Copernicus Euro CDO-II B.V.

Acting as Investment Advisor
	

 	
 	

By:	

/s/  HERMAN GUELOVANI      

	 	 	Name:	Herman Guelovani
	 	 	Title:	Director

QuickLinks

Exhibit 10.24

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}]]