Document:

exv10w1

 

EXHIBIT 10.1     

      
 

Amended and Restated Credit Agreement

Dated as of January 12, 2007,

among

Plexus Corp.,

The Guarantors from time to time parties hereto,

the Lenders from time to time parties hereto

and

Bank of Montreal,

as Administrative Agent

 
 

BMO Capital Markets

and 

Bank of America, N.A.,

as Co-Lead Arrangers,

and

LaSalle Bank National Association

and

National City Bank,

as Co-Agents

 

 

Table of Contents

	 	 	 	 	 	 	 
	Section	 	Heading	 	Page	 
	Section 1.
	 	The Credit Facilities	 	 	1	 
	 
	 	 	 	 	 	 
	Section 1.1.
	 	Revolving Credit Commitments	 	 	1	 
	Section 1.2.
	 	Letters of Credit	 	 	2	 
	Section 1.3.
	 	Applicable Interest Rates	 	 	4	 
	Section 1.4.
	 	Minimum Borrowing Amounts; Maximum Eurodollar Loans	 	 	6	 
	Section 1.5.
	 	Manner of Borrowing Loans and Designating Applicable Interest Rates	 	 	6	 
	Section 1.6.
	 	Interest Periods	 	 	8	 
	Section 1.7.
	 	Maturity of Revolving Loans and Swing Loans	 	 	9	 
	Section 1.8.
	 	Prepayments	 	 	9	 
	Section 1.9.
	 	Default Rate	 	 	9	 
	Section 1.10.
	 	Evidence of Indebtedness	 	 	10	 
	Section 1.11.
	 	Funding Indemnity	 	 	11	 
	Section 1.12.
	 	Revolving Credit Commitment Terminations	 	 	11	 
	Section 1.13.
	 	Substitution of Lenders	 	 	12	 
	Section 1.14.
	 	Swing Loans	 	 	12	 
	Section 1.15.
	 	Increase in Commitments; Additional Lenders	 	 	14	 
	 
	 	 	 	 	 	 
	Section 2.
	 	Fees	 	 	15	 
	 
	 	 	 	 	 	 
	Section 2.1.
	 	Fees	 	 	15	 
	 
	 	 	 	 	 	 
	Section 3.
	 	Place and Application of Payments	 	 	16	 
	 
	 	 	 	 	 	 
	Section 3.1.
	 	Place and Application of Payments	 	 	16	 
	 
	 	 	 	 	 	 
	Section 4.
	 	Guaranties	 	 	17	 
	 
	 	 	 	 	 	 
	Section 4.1.
	 	Guaranties	 	 	17	 
	Section 4.2.
	 	Further Assurances	 	 	18	 
	 
	 	 	 	 	 	 
	Section 5.
	 	Definitions; Interpretation	 	 	18	 
	 
	 	 	 	 	 	 
	Section 5.1.
	 	Definitions	 	 	18	 
	Section 5.2.
	 	Interpretation	 	 	31	 
	Section 5.3.
	 	Change in Accounting Principles	 	 	31	 
	 
	 	 	 	 	 	 
	Section 6.
	 	Representations and Warranties	 	 	32	 
	 
	 	 	 	 	 	 
	Section 6.1.
	 	Organization and Qualification	 	 	32	 
	Section 6.2.
	 	Subsidiaries	 	 	32	 
	Section 6.3.
	 	Authority and Validity of Obligations	 	 	32	 
	Section 6.4.
	 	Use of Proceeds; Margin Stock	 	 	33	 
	Section 6.5.
	 	Financial Reports	 	 	33	 

 

 

	 	 	 	 	 	 	 
	Section	 	Heading	 	Page	 
	Section 6.6.
	 	No Material Adverse Change	 	 	33	 
	Section 6.7.
	 	Full Disclosure	 	 	34	 
	Section 6.8.
	 	Trademarks, Franchises, and Licenses	 	 	34	 
	Section 6.9.
	 	Governmental Authority and Licensing	 	 	34	 
	Section 6.10.
	 	Good Title	 	 	34	 
	Section 6.11.
	 	Litigation and Other Controversies	 	 	34	 
	Section 6.12.
	 	Taxes	 	 	34	 
	Section 6.13.
	 	Approvals	 	 	35	 
	Section 6.14.
	 	Affiliate Transactions	 	 	35	 
	Section 6.15.
	 	Investment Company	 	 	35	 
	Section 6.16.
	 	ERISA	 	 	35	 
	Section 6.17.
	 	Compliance with Laws	 	 	35	 
	Section 6.18.
	 	Other Agreements	 	 	36	 
	Section 6.19.
	 	Solvency	 	 	36	 
	Section 6.20.
	 	No Default	 	 	36	 
	Section 6.21.
	 	No Broker Fees	 	 	36	 
	 
	 	 	 	 	 	 
	Section 7.
	 	Conditions Precedent	 	 	37	 
	 
	 	 	 	 	 	 
	Section 7.1.
	 	All Credit Events	 	 	37	 
	Section 7.2.
	 	Initial Credit Event	 	 	37	 
	 
	 	 	 	 	 	 
	Section 8.
	 	Covenants	 	 	39	 
	 
	 	 	 	 	 	 
	Section 8.1.
	 	Maintenance of Business	 	 	39	 
	Section 8.2.
	 	Maintenance of Properties	 	 	39	 
	Section 8.3.
	 	Taxes and Assessments	 	 	39	 
	Section 8.4.
	 	Insurance	 	 	39	 
	Section 8.5.
	 	Financial Reports	 	 	39	 
	Section 8.6.
	 	Inspection	 	 	41	 
	Section 8.7.
	 	Borrowings and Guaranties	 	 	41	 
	Section 8.8.
	 	Liens	 	 	42	 
	Section 8.9.
	 	Investments, Acquisitions, Loans and Advances	 	 	44	 
	Section 8.10.
	 	Mergers, Consolidations and Sales	 	 	45	 
	Section 8.11.
	 	Maintenance of Subsidiaries	 	 	46	 
	Section 8.12.
	 	Dividends and Certain Other Restricted Payments	 	 	46	 
	Section 8.13.
	 	ERISA	 	 	46	 
	Section 8.14.
	 	Compliance with Laws	 	 	47	 
	Section 8.15.
	 	Burdensome Contracts With Affiliates	 	 	48	 
	Section 8.16.
	 	No Changes in Fiscal Year	 	 	48	 
	Section 8.17.
	 	Formation of Subsidiaries	 	 	48	 
	Section 8.18.
	 	Change in the Nature of Business	 	 	48	 
	Section 8.19.
	 	Use of Loan Proceeds	 	 	48	 
	Section 8.20.
	 	No Restrictions	 	 	48	 
	Section 8.21.
	 	Financial Covenants	 	 	49	 
	 
	 	 	 	 	 	 
	Section 9.
	 	Events of Default and Remedies	 	 	49	 

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	Section	 	Heading	 	Page	 
	Section 9.1.
	 	Events of Default	 	 	49	 
	Section 9.2.
	 	Non-Bankruptcy Defaults	 	 	51	 
	Section 9.3.
	 	Bankruptcy Defaults	 	 	51	 
	Section 9.4.
	 	Collateral for Undrawn Letters of Credit	 	 	52	 
	Section 9.5.
	 	Notice of Default	 	 	52	 
	Section 9.6.
	 	Expenses	 	 	52	 
	 
	 	 	 	 	 	 
	Section 10.
	 	Change in Circumstances	 	 	53	 
	 
	 	 	 	 	 	 
	Section 10.1.
	 	Change of Law	 	 	53	 
	Section 10.2.
	 	Unavailability of Deposits or Inability to Ascertain, or	 	 	 	 
	 
	 	Inadequacy of, LIBOR	 	 	53	 
	Section 10.3.
	 	Increased Cost and Reduced Return	 	 	53	 
	Section 10.4.
	 	Lending Offices	 	 	55	 
	Section 10.5.
	 	Discretion of Lender as to Manner of Funding	 	 	55	 
	 
	 	 	 	 	 	 
	Section 11.
	 	The Administrative Agent	 	 	55	 
	 
	 	 	 	 	 	 
	Section 11.1.
	 	Appointment and Authorization of Administrative Agent	 	 	55	 
	Section 11.2.
	 	Administrative Agent and its Affiliates	 	 	55	 
	Section 11.3.
	 	Action by Administrative Agent	 	 	56	 
	Section 11.4.
	 	Consultation with Experts	 	 	56	 
	Section 11.5.
	 	Liability of Administrative Agent; Credit Decision	 	 	56	 
	Section 11.6.
	 	Indemnity	 	 	57	 
	Section 11.7.
	 	Resignation of Administrative Agent and Successor Administrative	 	 	 	 
	 
	 	Agent	 	 	57	 
	Section 11.8.
	 	L/C Issuer and Swing Lender	 	 	58	 
	Section 11.9.
	 	Hedging Liability and Funds Transfer and Deposit Account Liability	 	 	 	 
	 
	 	Arrangements	 	 	58	 
	Section 11.10.
	 	Designation of Additional Agents	 	 	58	 
	 
	 	 	 	 	 	 
	Section 12.
	 	The Guarantees	 	 	58	 
	 
	 	 	 	 	 	 
	Section 12.1.
	 	The Guarantees	 	 	58	 
	Section 12.2.
	 	Guarantee Unconditional	 	 	59	 
	Section 12.3.
	 	Discharge Only upon Payment in Full; Reinstatement in Certain	 	 	 	 
	 
	 	Circumstances	 	 	60	 
	Section 12.4.
	 	Subrogation	 	 	60	 
	Section 12.5.
	 	Waivers	 	 	61	 
	Section 12.6.
	 	Limit on Recovery	 	 	61	 
	Section 12.7.
	 	Stay of Acceleration	 	 	61	 
	Section 12.8.
	 	Benefit to Guarantors	 	 	61	 
	Section 12.9.
	 	Guarantor Covenants	 	 	61	 
	 
	 	 	 	 	 	 
	Section 13.
	 	Miscellaneous	 	 	61	 
	 
	 	 	 	 	 	 
	Section 13.1.
	 	Withholding Taxes	 	 	61	 
	Section 13.2.
	 	No Waiver, Cumulative Remedies	 	 	63	 

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	Section	 	Heading	 	Page	 
	Section 13.3.
	 	Non-Business Days	 	 	63	 
	Section 13.4.
	 	Documentary Taxes	 	 	63	 
	Section 13.5.
	 	Survival of Representations	 	 	63	 
	Section 13.6.
	 	Survival of Indemnities	 	 	63	 
	Section 13.7.
	 	Sharing of Set-Off	 	 	63	 
	Section 13.8.
	 	Notices	 	 	64	 
	Section 13.9.
	 	Counterparts	 	 	64	 
	Section 13.10.
	 	Successors and Assigns	 	 	65	 
	Section 13.11.
	 	Participants	 	 	65	 
	Section 13.12.
	 	Assignments	 	 	65	 
	Section 13.13.
	 	Amendments	 	 	67	 
	Section 13.14.
	 	Headings	 	 	68	 
	Section 13.15.
	 	Costs and Expenses; Indemnification	 	 	68	 
	Section 13.16.
	 	Set-off	 	 	69	 
	Section 13.17.
	 	Entire Agreement	 	 	69	 
	Section 13.18.
	 	Governing Law	 	 	69	 
	Section 13.19.
	 	Severability of Provisions	 	 	69	 
	Section 13.20.
	 	Excess Interest	 	 	69	 
	Section 13.21.
	 	Lender’s Obligations Several	 	 	70	 
	Section 13.22.
	 	Submission to Jurisdiction; Waiver of Jury Trial	 	 	70	 
	Section 13.23.
	 	Confidentiality	 	 	70	 
	Section 13.24.
	 	USA Patriot Act	 	 	71	 
	Section 13.25.
	 	Equalization of Loans and Commitments	 	 	71	 
	Section 13.26.
	 	Removal of Lenders and Assignment of Interests	 	 	72	 
	 
	 	 	 	 	 	 
	Signature Page
	 	 	 	 	 	 

	 	 	 	 	 
	Exhibit A
	 	—	 	Notice of Payment Request
	Exhibit B
	 	—	 	Notice of Borrowing
	Exhibit C
	 	—	 	Notice of Continuation/Conversion
	Exhibit D-1
	 	—	 	Revolving Note
	Exhibit D-2
	 	—	 	Swing Note
	Exhibit E
	 	—	 	Compliance Certificate
	Exhibit F
	 	—	 	Additional Guarantor Supplement
	Exhibit G
	 	—	 	Commitment Amount Increase Agreement
	Exhibit H
	 	—	 	Assignment and Acceptance
	Schedule 1
	 	—	 	Revolving Credit Commitments
	Schedule 6.2
	 	—	 	Subsidiaries
	Schedule 6.8
	 	—	 	Trademarks, Franchises and Licenses
	Schedule 8.7
	 	—	 	Existing Guarantees

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Amended and Restated Credit Agreement

     This Amended and Restated Credit Agreement (the “Agreement”) is entered into as of January 12,
2007, by and among Plexus Corp., a Wisconsin corporation (the “Borrower”), the direct and
indirect Domestic Subsidiaries of the Borrower from time to time party to this Agreement, as
Guarantors, the several financial institutions from time to time party to this Agreement, as
Lenders, and Bank of Montreal, as Administrative Agent (the “Administrative Agent”) as provided
herein. All capitalized terms used herein without definition shall have the same meanings herein
as such terms are defined in Section 5.1 hereof.

Preliminary Statement

     Whereas, the Borrower, the direct and indirect Domestic Subsidiaries of the Borrower,
as Guarantors, the several parties thereto as Lenders, and Harris N.A., as Administrative Agent,
previously entered into a Credit Agreement, dated as of October 22, 2003, (as amended, the
“Existing Credit Agreement”) pursuant to which the Lenders have made Loans (as defined in the
Existing Credit Agreement) to the Borrower (as defined in the Existing Credit Agreement) for the
account of the Borrower, on the terms and conditions set forth therein;

     Whereas, the Borrower has requested that the Lenders amend the Existing Credit
Agreement to revise certain other terms of the Existing Credit Agreement, and the Lenders have
agreed to do so on the terms and conditions set forth herein; and

     Whereas, Harris N.A. has given notice of its intention to resign as Agent and the
parties have agreed to substitute Bank of Montreal, Chicago branch, for Harris N.A. as
Administrative Agent and, in connection therewith, to replace Harris N.A. as a Lender with BMO
Capital Markets Financing, Inc.

     Whereas, the parties hereto have agreed to amend and restate the Existing Credit
Agreement in its entirety for the sake of clarity and convenience;

     Whereas, this Amended and Restated Credit Agreement constitutes for all purposes an
amendment to the Existing Credit Agreement and not a new or substitute agreement;

     Now, Therefore, in consideration of the mutual agreements contained herein, and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows:

Section 1. The Credit Facilities.

     Section 1.1. Revolving Credit Commitments. Subject to the terms and conditions hereof, each
Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a
“Revolving Loan” and collectively the “Revolving Loans”) in U.S. Dollars to the Borrower from time
to time on a revolving basis up to the amount of such Lender’s Revolving Credit Commitment, subject
to any reductions
thereof pursuant to the terms hereof, before the

 

 

Revolving Credit Termination Date. The sum of the
aggregate principal amount of Revolving Loans, Swing Loans, and L/C Obligations at any time
outstanding shall not exceed the Revolving Credit Commitments in effect at such time. Each
Borrowing of Revolving Loans shall be made ratably by the Lenders in proportion to their respective
Percentages. As provided in Section 1.5(a) hereof, the Borrower may elect that each Borrowing of
Revolving Loans be either Base Rate Loans or Eurodollar Loans. Revolving Loans may be repaid and
the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to
the terms and conditions hereof.

     Section 1.2. Letters of Credit. (a) General Terms. Subject to the terms and conditions
hereof, as part of the Revolving Credit, the L/C Issuer shall issue standby and commercial letters
of credit (each a “Letter of Credit”) for the account of Borrower in an aggregate undrawn face
amount up to the L/C Sublimit. Each Letter of Credit shall be issued by the L/C Issuer, but each
Lender shall be obligated to reimburse the L/C Issuer for such Lender’s Percentage of the amount of
each drawing thereunder and, accordingly, each Letter of Credit shall constitute usage of the
Revolving Credit Commitment of each Lender pro rata in an amount equal to its Percentage of the L/C
Obligations then outstanding.

     (b) Applications. At any time before the Revolving Credit Termination Date, the L/C Issuer
shall, at the request of the Borrower, issue one or more Letters of Credit in U.S. Dollars, in a
form satisfactory to the L/C Issuer, with expiration dates no later than the earlier of twelve (12)
months from the date of issuance (or which are cancelable not later than twelve (12) months from
the date of issuance and each renewal) or thirty (30) days prior to the Revolving Credit
Termination Date, in an aggregate face amount as set forth above, upon the receipt of an
application duly executed by the Borrower for the relevant Letter of Credit in the form then
customarily prescribed by the L/C Issuer for the Letter of Credit requested (each an
“Application”). Notwithstanding anything contained in any Application to the contrary: (i) the
Borrower shall pay fees in connection with each Letter of Credit as set forth in Section 2.1
hereof, (ii) except as otherwise provided in Section 1.8 hereof, before the occurrence of an Event
of Default, the L/C Issuer will not call for the funding by the Borrower of any amount under a
Letter of Credit before being presented with a drawing thereunder, and (iii) if the L/C Issuer is
not timely reimbursed for the amount of any drawing under a Letter of Credit on the date such
drawing is paid, the Borrower’s obligation to reimburse the L/C Issuer for the amount of such
drawing shall bear interest (which the Borrower hereby promises to pay) from and after the date
such drawing is paid at a rate per annum equal to the sum of the Applicable Margin plus the Base
Rate from time to time in effect (computed on the basis of a year of 365 or 366 days, as the case
may be, and the actual number of days elapsed). If the L/C Issuer issues any Letter of Credit with
an expiration date that is automatically extended unless the L/C Issuer gives notice that the
expiration date will not so extend beyond its then scheduled expiration date, unless the Required
Lenders instruct the L/C Issuer otherwise, the L/C Issuer will give such notice of non-renewal
before the time necessary to prevent such automatic extension if before such required notice date:
(i) the expiration date of such Letter of Credit if so extended would be after the Revolving Credit
Termination Date, (ii) the Revolving Credit Commitments have been terminated, or (iii) a Default or
an Event of Default exists and the Administrative Agent, at the request or with the consent of the
Required Lenders, has given the L/C Issuer instructions not to so permit the extension of the
expiration date of such Letter of Credit. The L/C Issuer agrees to

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issue amendments to the
Letter(s) of Credit increasing the amount, or extending the expiration date, thereof at the request
of the Borrower subject to the conditions of Section 7 hereof and the other terms of this Section
1.2.

     (c) The Reimbursement Obligations. Subject to Section 1.2(b) hereof, the obligation of the
Borrower to reimburse the L/C Issuer for all drawings under a Letter of Credit (a “Reimbursement
Obligation”) shall be governed by the Application related to such Letter of Credit, except that
reimbursement shall be made by no later than 12:00 Noon (Chicago time) on the date when each
drawing is to be paid if the Borrower has been informed of such drawing by the L/C Issuer on or
before 11:30 a.m. (Chicago time) on the date when such drawing is to be paid or, if notice of such
drawing is given to the Borrower after 11:30 a.m. (Chicago time) on the date when such drawing is
to be paid, by the end of such day, in immediately available funds at the Administrative Agent’s
principal office in Chicago, Illinois or such other office as the Administrative Agent may
designate in writing to the Borrower (who shall thereafter cause to be distributed to the L/C
Issuer such amount(s) in like funds). If the Borrower does not make any such reimbursement payment
on the date due and the Participating Lenders fund their participations therein in the manner set
forth in Section 1.2(d) below, then all payments thereafter received by the Administrative Agent in
discharge of any of the relevant Reimbursement Obligations shall be distributed in accordance with
Section 1.2(d) below.

     (d) The Participating Interests. Each Lender (other than the Lender acting as L/C Issuer in
issuing the relevant Letter of Credit), by its acceptance hereof, severally agrees to purchase from
the L/C Issuer, and the L/C Issuer hereby agrees to sell to each such Lender (a “Participating
Lender”), an undivided percentage participating interest (a “Participating Interest”), to the
extent of its Percentage, in each Letter of Credit issued by, and each Reimbursement Obligation
owed to, the L/C Issuer. Upon any failure by the Borrower to pay any Reimbursement Obligation at
the time required on the date the related drawing is to be paid, as set forth in Section 1.2(c)
above, or if the L/C Issuer is required at any time to return to the Borrower or to a trustee,
receiver, liquidator, custodian or other Person any portion of any payment of any Reimbursement
Obligation, each Participating Lender shall, not later than the Business Day it receives a
certificate in the form of Exhibit A hereto from the L/C Issuer (with a copy to the Administrative
Agent) to such effect, if such certificate is received before 1:00 p.m. (Chicago time), or not
later than 1:00 p.m. (Chicago time) the following Business Day, if such certificate is received
after such time, pay to the Administrative Agent for the account of the L/C Issuer an amount equal
to such Participating Lender’s Percentage of such unpaid or recaptured Reimbursement Obligation
together with interest on such amount accrued from the date the related payment was made by the L/C
Issuer to the date of such payment by such Participating Lender at a rate per annum equal to: (i)
from the date the related payment was made by the L/C Issuer to the date two (2) Business Days
after payment by such Participating Lender is due hereunder, the Federal Funds Rate for each such
day and (ii) from the date two (2) Business Days after the date such payment is due from such
Participating Lender to the date such payment is made by such Participating Lender, the Base Rate
in effect for each such day. Each such Participating Lender shall thereafter be entitled to
receive its Percentage of each payment received in respect of the relevant Reimbursement Obligation
and of interest paid thereon, with the L/C Issuer retaining its Percentage thereof as a Lender
hereunder. The several obligations of the
Participating Lenders to the L/C Issuer under this Section 1.2 shall be absolute, irrevocable,

-3-

 

and
unconditional under any and all circumstances whatsoever and shall not be subject to any set-off,
counterclaim or defense to payment which any Participating Lender may have or have had against the
Borrower, the L/C Issuer, the Administrative Agent, any Lender or any other Person whatsoever.
Without limiting the generality of the foregoing, such obligations shall not be affected by any
Default or Event of Default or by any reduction or termination of any Revolving Credit Commitment
of any Lender, and each payment by a Participating Lender under this Section 1.2 shall be made
without any offset, abatement, withholding or reduction whatsoever.

     (e) Indemnification. The Participating Lenders shall, to the extent of their respective
Percentages, indemnify the L/C Issuer (to the extent not reimbursed by the Borrower) against any
cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or
liability (except such as result from the L/C Issuer’s gross negligence or willful misconduct) that
the L/C Issuer may suffer or incur in connection with any Letter of Credit issued by it. The
obligations of the Participating Lenders under this Section 1.2(e) and all other parts of this
Section 1.2 shall survive termination of this Agreement and of all Applications, Letters of Credit,
and all drafts and other documents presented in connection with drawings thereunder.

     (f) Manner of Requesting a Letter of Credit. The Borrower shall provide at least five (5)
Business Days’ advance written notice to the Administrative Agent of each request for the issuance
of a Letter of Credit, such notice in each case to be accompanied by an Application for such Letter
of Credit properly completed and executed by the Borrower and, in the case of an extension or an
increase in the amount of a Letter of Credit, a written request therefor, in a form acceptable to
the Administrative Agent and the L/C Issuer, in each case, together with the fees called for by
this Agreement. The Administrative Agent shall promptly notify the L/C Issuer of the
Administrative Agent’s receipt of each such notice and the L/C Issuer shall promptly notify the
Administrative Agent and the Lenders of the issuance of the Letter of Credit so requested.

     Section 1.3. Applicable Interest Rates. (a) Base Rate Loans. Each Base Rate Loan made or
maintained by a Lender shall bear interest during each Interest Period it is outstanding (computed
on the basis of a year of 365 or 366 days, as the case may be, and the actual days elapsed) on the
unpaid principal amount thereof from the date such Loan is advanced or continued, or created by
conversion from a Eurodollar Loan, until maturity (whether by acceleration or otherwise) at a rate
per annum equal to the sum of the Applicable Margin plus the Base Rate from time to time in effect,
payable on the last day of its Interest Period and at maturity (whether by acceleration or
otherwise).

     “Base Rate” means for any day the greater of: (i) the rate of interest announced or otherwise
established by the Administrative Agent from time to time as its prime commercial rate as in effect
on such day, with any change in the Base Rate resulting from a change in said prime commercial rate
to be effective as of the date of the relevant change in said prime commercial rate (it being
acknowledged and agreed that such rate may not be the Administrative Agent’s best or lowest rate)
and (ii) the sum of (x) the rate determined by the Administrative Agent to be the average (rounded
upward, if necessary, to the next higher 1/100 of 1%) of the rates per annum quoted to the
Administrative Agent at approximately 10:00 a.m. (Chicago time)

-4-

 

(or as soon thereafter as is
practicable) on such day (or, if such day is not a Business Day, on the immediately
preceding Business Day) by two or more Federal funds brokers selected by the Administrative
Agent for sale to the Administrative Agent at face value of Federal funds in the secondary market
in an amount equal or comparable to the principal amount owed to the Administrative Agent for which
such rate is being determined, plus (y) 1/2 of 1%.

     (b) Eurodollar Loans. Each Eurodollar Loan made or maintained by a Lender shall bear interest
during each Interest Period it is outstanding (computed on the basis of a year of 360 days and
actual days elapsed) on the unpaid principal amount thereof from the date such Loan is advanced or
continued, or created by conversion from a Base Rate Loan, until maturity (whether by acceleration
or otherwise) at a rate per annum equal to the sum of the Applicable Margin plus the Adjusted LIBOR
applicable for such Interest Period, payable on the last day of the Interest Period and at maturity
(whether by acceleration or otherwise), and, if the applicable Interest Period is longer than three
months, on each day occurring every three months after the commencement of such Interest Period.

     “Adjusted LIBOR” means, for any Borrowing of Eurodollar Loans, a rate per annum determined in
accordance with the following formula:

	 	 	 	 	 	 	 	 	 
	 
	 	Adjusted LIBOR
	 	=
	 	LIBOR	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	1 – Eurodollar Reserve Percentage
	 	 

     “Eurodollar Reserve Percentage” means, for any Borrowing of Eurodollar Loans, the daily
average for the applicable Interest Period of the maximum rate, expressed as a decimal, at which
reserves (including, without limitation, any supplemental, marginal, and emergency reserves) are
imposed during such Interest Period by the Board of Governors of the Federal Reserve System (or any
successor) on “eurocurrency liabilities”, as defined in such Board’s Regulation D (or in respect of
any other category of liabilities that includes deposits by reference to which the interest rate on
Eurodollar Loans is determined or any category of extensions of credit or other assets that include
loans by non-United States offices of any Lender to United States residents), subject to any
amendments of such reserve requirement by such Board or its successor, taking into account any
transitional adjustments thereto. For purposes of this definition, the Eurodollar Loans shall be
deemed to be “eurocurrency liabilities” as defined in Regulation D without benefit or credit for
any prorations, exemptions or offsets under Regulation D.

     “LIBOR” means, for an Interest Period for a Borrowing of Eurodollar Loans, (a) the LIBOR Index
Rate for such Interest Period, if such rate is available, and (b) if the LIBOR Index Rate cannot be
determined, the arithmetic average of the rates of interest per annum (rounded upwards, if
necessary, to the nearest 1/100 of 1%) at which deposits in U.S. Dollars in immediately available
funds are offered to the Administrative Agent at 11:00 a.m. (London, England time) two (2) Business
Days before the beginning of such Interest Period by three (3) or more major banks in the interbank
eurodollar market selected by the Administrative Agent for delivery on the first day of and for a
period equal to such Interest Period and in an amount equal or comparable to the principal amount
of the Eurodollar Loan scheduled to be made by the Administrative Agent as part of such Borrowing.

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     “LIBOR Index Rate” means, for any Interest Period, the rate per annum (rounded upwards, if
necessary, to the next higher one hundred-thousandth of a percentage point) for deposits in U.S.
Dollars for a period equal to such Interest Period, which appears on the Telerate Page 3750 as of
11:00 a.m. (London, England time) on the day two (2) Business Days before the commencement of such
Interest Period.

     “Telerate Page 3750” means the display designated as “Page 3750” on the Telerate Service (or
such other page as may replace Page 3750 on that service or such other service as may be nominated
by the British Bankers’ Association as the information vendor for the purpose of displaying British
Bankers’ Association Interest Settlement Rates for U.S. Dollar deposits).

     (c) Rate Determinations. The Administrative Agent shall determine each interest rate
applicable to the Loans and the Reimbursement Obligations hereunder, and its determination thereof
shall be conclusive and binding except in the case of manifest error.

     Section 1.4. Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Base Rate
Loans advanced hereunder shall be in an amount not less than $1,000,000 or such greater amount
which is an integral multiple of $100,000. Each Borrowing of Eurodollar Loans advanced, continued
or converted hereunder shall be in an amount equal to $2,000,000 or such greater amount which is an
integral multiple of $100,000. Without the Administrative Agent’s consent, there shall not be more
than five (5) Borrowings of Eurodollar Loans outstanding hereunder at any one time.

     Section 1.5. Manner of Borrowing Loans and Designating Applicable Interest Rates. (a) Notice
to the Administrative Agent. The Borrower shall give notice to the Administrative Agent by no
later than 10:00 a.m. (Chicago time): (i) at least three (3) Business Days before the date on
which the Borrower requests the Lenders to advance a Borrowing of Eurodollar Loans and (ii) on the
date the Borrower requests the Lenders to advance a Borrowing of Base Rate Loans. The Loans
included in each Borrowing shall bear interest initially at the type of rate specified in such
notice of a new Borrowing. Thereafter, subject to the terms and conditions hereof, the Borrower
may from time to time elect to change or continue the type of interest rate borne by each Borrowing
or, subject to Section 1.4’s minimum amount requirement for each outstanding Borrowing, a portion
thereof, as follows: (i) if such Borrowing is of Eurodollar Loans, on the last day of the Interest
Period applicable thereto, the Borrower may continue part or all of such Borrowing as Eurodollar
Loans or convert part or all of such Borrowing into Base Rate Loans or (ii) if such Borrowing is of
Base Rate Loans, on any Business Day, the Borrower may convert all or part of such Borrowing into
Eurodollar Loans for an Interest Period or Interest Periods specified by the Borrower. The
Borrower shall give all such notices requesting the advance, continuation or conversion of a
Borrowing to the Administrative Agent by telephone or telecopy (which notice shall be irrevocable
once given and, if by telephone, shall be promptly confirmed in writing), substantially in the form
attached hereto as Exhibit B (Notice of Borrowing) or Exhibit C (Notice of
Continuation/Conversion), as applicable, or in such other form acceptable to the Administrative
Agent. Notice of the continuation of a Borrowing of Eurodollar Loans for an additional Interest
Period or of the conversion of part or all of a
Borrowing of Base Rate Loans into Eurodollar Loans must be given by no later than 10:00 a.m.
(Chicago time) at least three (3) Business Days before the date of the requested continuation or

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conversion. All such notices concerning the advance, continuation or conversion of a Borrowing
shall specify the date of the requested advance, continuation or conversion of a Borrowing (which
shall be a Business Day), the amount of the requested Borrowing to be advanced, continued or
converted, the type of Loans to comprise such new, continued or converted Borrowing and, if such
Borrowing is to be comprised of Eurodollar Loans, the Interest Period applicable thereto. The
Borrower agrees that the Administrative Agent may rely on any such telephonic or telecopy notice
given by any person the Administrative Agent in good faith believes is an Authorized Representative
without the necessity of independent investigation, and in the event any such notice by telephone
conflicts with any written confirmation such telephonic notice shall govern if the Administrative
Agent has acted in reliance thereon.

     (b) Notice to the Lenders. The Administrative Agent shall give prompt telephonic or telecopy
notice to each Lender of any notice from the Borrower received pursuant to Section 1.5(a) above
and, if such notice requests the Lenders to make Eurodollar Loans, the Administrative Agent shall
give notice to the Borrower and each Lender by like means of the interest rate applicable thereto
promptly after the Administrative Agent has made such determination.

     (c) Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding
Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on
the last day of its then current Interest Period unless the Borrower has notified the
Administrative Agent within the period required by Section 1.5(a) that the Borrower intends to
convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurodollar Loans or such
Borrowing is prepaid in accordance with Section 1.8(a). If the Borrower fails to give notice
pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal
amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period
within the period required by Section 1.5(a) or, whether or not such notice has been given, one or
more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing
of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with
Section 1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate
Loans. In the event the Borrower fails to give notice pursuant to Section 1.5(a) above of a
Borrowing equal to the amount of a Reimbursement Obligation and has not notified the Administrative
Agent by 12:00 noon (Chicago time) on the day such Reimbursement Obligation becomes due that it
intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, the
Borrower shall be deemed to have requested a Borrowing of Base Rate Loans under the Revolving
Credit (or, at the option of the Administrative Agent, under the Swing Line) on such day in the
amount of the Reimbursement Obligation then due, which Borrowing shall be applied to pay the
Reimbursement Obligation then due.

     (d) Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any
requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available
its Loan comprising part of such Borrowing in funds immediately available at the principal office
of the Administrative Agent in Chicago, Illinois. The Administrative Agent shall
make the proceeds of each new Borrowing available to the Borrower at the Administrative Agent’s
principal office in Chicago, Illinois, by depositing such proceeds to the credit of the

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Borrower’s
operating account maintained with the Administrative Agent or as the
Borrower and the
Administrative Agent may otherwise agree.

     (e) Administrative Agent Reliance on Lender Funding. Unless the Administrative Agent shall
have been notified by a Lender prior to (or, in the case of a Borrowing of Base Rate Loans, by 1:00
p.m. (Chicago time) on) the date on which such Lender is scheduled to make payment to the
Administrative Agent of the proceeds of a Loan (which notice shall be effective upon receipt) that
such Lender does not intend to make such payment, the Administrative Agent may assume that such
Lender has made such payment when due and the Administrative Agent may in reliance upon such
assumption (but shall not be required to) make available to the Borrower the proceeds of the Loan
to be made by such Lender and, if any Lender has not in fact made such payment to the
Administrative Agent, such Lender shall, on demand, pay to the Administrative Agent the amount made
available to the Borrower attributable to such Lender together with interest thereon in respect of
each day during the period commencing on the date such amount was made available to the Borrower
and ending on (but excluding) the date such Lender pays such amount to the Administrative Agent at
a rate per annum equal to: (i) from the date the related advance was made by the Administrative
Agent to the date two (2) Business Days after payment by such Lender is due hereunder, the Federal
Funds Rate for each such day and (ii) from the date two (2) Business Days after the date such
payment is due from such Lender to the date such payment is made by such Lender, the Base Rate in
effect for each such day. If such amount is not received from such Lender by the Administrative
Agent immediately upon demand, the Borrower will, on demand, repay to the Administrative Agent the
proceeds of the Loan attributable to such Lender with interest thereon at a rate per annum equal to
the interest rate applicable to the relevant Loan, but without such payment being considered a
payment or prepayment of a Loan under Section 1.11 hereof so that the Borrower will have no
liability under such Section with respect to such payment.

     Section 1.6. Interest Periods. As provided in Section 1.5(a) and 1.14 hereof, at the time of
each request to advance, continue or create by conversion a Borrowing of Eurodollar Loans or Swing
Loans, the Borrower shall select an Interest Period applicable to such Loans from among the
available options. The term “Interest Period” means the period commencing on the date a Borrowing
of Loans is advanced, continued or created by conversion and ending: (a) in the case of Base Rate
Loans, on the last day of the calendar quarter (i.e., the last day of March, June, September or
December, as applicable) in which such Borrowing is advanced, continued or created by conversion
(or on the last day of the following calendar quarter if such Loan is advanced, continued or
created by conversion on the last day of a calendar quarter), (b) in the case of a Eurodollar Loan,
1, 2, 3 or 6 months thereafter, and (c) in the case of a Swing Loan, on the date 1 to 5 days
thereafter as mutually agreed to by the Borrower and the Swing Lender; provided, however, that:

     (i) any Interest Period for a Borrowing of Revolving Loans or Swing Loans
consisting of Base Rate Loans that otherwise would end after the Revolving Credit
Termination Date shall end on the Revolving Credit Termination Date;

     (ii) no Interest Period with respect to any portion of the Revolving Loans or
Swing Loans shall extend beyond the Revolving Credit Termination Date;

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     (iii) whenever the last day of any Interest Period would otherwise be a day that
is not a Business Day, the last day of such Interest Period shall be extended to the
next succeeding Business Day, provided that, if such extension would cause the last
day of an Interest Period for a Borrowing of Eurodollar Loans to occur in the
following calendar month, the last day of such Interest Period shall be the
immediately preceding Business Day; and

     (iv) for purposes of determining an Interest Period for a Borrowing of Eurodollar
Loans, a month means a period starting on one day in a calendar month and ending on
the numerically corresponding day in the next calendar month; provided, however, that
if there is no numerically corresponding day in the month in which such an Interest
Period is to end or if such an Interest Period begins on the last Business Day of a
calendar month, then such Interest Period shall end on the last Business Day of the
calendar month in which such Interest Period is to end.

     Section 1.7. Maturity of Revolving Loans and Swing Loans. Each Revolving Loan and Swing Loan,
both for principal and interest not sooner paid, shall mature and become due and payable by the
Borrower on the Revolving Credit Termination Date.

     Section 1.8. Prepayments. (a) Optional. The Borrower may prepay in whole or in part (but, if
in part, then: (i) if such Borrowing is of Base Rate Loans, in an amount not less than $1,000,000,
(ii) if such Borrowing is of Eurodollar Loans, in an amount not less than $2,000,000, and (iii) in
each case, in an amount such that the minimum amount required for a Borrowing pursuant to Section
1.4 and 1.14 hereof remains outstanding) any Borrowing of Eurodollar Loans at any time upon three
(3) Business Days prior notice by the Borrower to the Administrative Agent or, in the case of a
Borrowing of Base Rate Loans, notice delivered by the Borrower to the Administrative Agent no later
than 10:00 a.m. (Chicago time) on the date of prepayment (or, in any case, such shorter period of
time then agreed to by the Administrative Agent and, in the case of a prepayment of a Swing Loan,
the Swing Lender), such prepayment to be made by the payment of the principal amount to be prepaid
and, in the case of any Eurodollar Loans or Swing Loans, accrued interest thereon to the date fixed
for prepayment plus any amounts due the Lenders under Section 1.11 hereof.

     (b) Mandatory. The Borrower shall, on each date the Revolving Credit Commitments are reduced
pursuant to Section 1.12 hereof, prepay the Revolving Loans, Swing Loans, and, if necessary,
prefund the L/C Obligations by the amount, if any, necessary to reduce the sum of the aggregate
principal amount of Revolving Loans, Swing Loans, and L/C Obligations then outstanding to the
amount to which the Revolving Credit Commitments have been so reduced.

     (c) Reborrowing. Any amount of Revolving Loans and Swing Loans paid or prepaid before the
Revolving Credit Termination Date may, subject to the terms and conditions of this Agreement, be
borrowed, repaid and borrowed again.

     Section 1.9. Default Rate. Notwithstanding anything to the contrary contained herein, while
any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well
as before entry of judgment thereon to the extent permitted by law) on the principal amount

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of all
Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

     (a) for any Base Rate Loan or any Swing Loan bearing interest based on the Base
Rate, the sum of 2.0% plus the Applicable Margin plus the Base Rate from time to time
in effect;

     (b) for any Eurodollar Loan or any Swing Loan bearing interest at the Quoted
Rate, the sum of 2.0% plus the rate of interest in effect thereon at the time of such
default until the end of the Interest Period applicable thereto and, thereafter, at a
rate per annum equal to the sum of 2.0% plus the Applicable Margin for Base Rate Loans
plus the Base Rate from time to time in effect;

     (c) for any Reimbursement Obligation, the sum of 2.0% plus the amounts due under
Section 1.2 with respect to such Reimbursement Obligation; and

     (d) for any Letter of Credit, the sum of 2.0% plus the letter of credit fee due under
Section 2.1 with respect to such Letter of Credit;

provided, however, that in the absence of acceleration, any adjustments pursuant to this Section
shall be made at the election of the Administrative Agent, acting at the request or with the
consent of the Required Lenders, with written notice to the Borrower. While any Event of Default
exists or after acceleration, interest shall be paid on demand of the Administrative Agent at the
request or with the consent of the Required Lenders.

     Section 1.10. Evidence of Indebtedness. (a) Each Lender shall maintain in accordance with its
usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender
resulting from each Loan made by such Lender from time to time, including the amounts of principal
and interest payable and paid to such Lender from time to time hereunder.

     (b) The Administrative Agent shall also maintain accounts in which it will record (i) the
amount of each Loan made hereunder, the type thereof and the Interest Period with respect thereto,
(ii) the amount of any principal or interest due and payable or to become due and payable from the
Borrower to each Lender hereunder and (iii) the amount of any sum received by the Administrative
Agent hereunder from the Borrower and each Lender’s share thereof.

     (c) The entries maintained in the accounts maintained pursuant to paragraphs (a) and (b) above
shall be prima facie evidence of the existence and amounts of the Obligations therein recorded;
provided, however, that the failure of the Administrative Agent or any Lender to maintain such
accounts or any error therein shall not in any manner affect the obligation of the Borrower to
repay the Obligations in accordance with their terms.

     (d) Any Lender may request that its Loans be evidenced by a promissory note or notes in the
forms of Exhibit D-1 (in the case of its Revolving Loans and referred to herein as a “Revolving
Note”), or D-2 (in the case of its Swing Loans and referred to herein as a “Swing Note”), as
applicable (the Revolving Notes and Swing Note being hereinafter referred to

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collectively as the
“Notes” and individually as a “Note”). In such event, the Borrower shall prepare, execute and
deliver to such Lender a Note payable to the order of such Lender in the amount of the Commitment,
or Swing Line Sublimit, as applicable. Thereafter, the Loans evidenced by such Note or Notes and
interest thereon shall at all times (including after any assignment pursuant to Section 13.12) be
represented by one or more Notes payable to the order of the payee named therein or any assignee
pursuant to Section 13.12, except to the extent that any such Lender or assignee subsequently
returns any such Note for cancellation and requests that such Loans once again be evidenced as
described in subsections (a) and (b) above.

     Section 1.11. Funding Indemnity. If any Lender shall incur any loss, cost or expense
(including, without limitation, any loss of profit, and any loss, cost or expense incurred by
reason of the liquidation or re-employment of deposits or other funds acquired by such Lender to
fund or maintain any Eurodollar Loan or Swing Loan or the relending or reinvesting of such deposits
or amounts paid or prepaid to such Lender) as a result of:

     (a) any payment, prepayment or conversion of a Eurodollar Loan or Swing Loan on a
date other than the last day of its Interest Period,

     (b) any failure (because of a failure to meet the conditions of Section 7 or
otherwise) by the Borrower to borrow or continue a Eurodollar Loan or Swing Loan, or
to convert a Base Rate Loan into a Eurodollar Loan or Swing Loan, on the date
specified in a notice given pursuant to Section 1.5(a) or 1.14 hereof,

     (c) any failure by the Borrower to make any payment of principal on any
Eurodollar Loan or Swing Loan when due (whether by acceleration or otherwise), or

     (d) any acceleration of the maturity of a Eurodollar Loan or Swing Loan as a
result of the occurrence of any Event of Default hereunder,

then, upon the demand of such Lender, the Borrower shall pay to such Lender such amount as will
reimburse such Lender for such loss, cost or expense. If any Lender makes such a claim for
compensation, it shall provide to the Borrower, with a copy to the Administrative Agent, a
certificate setting forth the amount of such loss, cost or expense in reasonable detail (including
an explanation of the basis for and the computation of such loss, cost or expense) and the amounts
shown on such certificate shall be conclusive if reasonably determined.

     Section 1.12. Revolving Credit Commitment Terminations. (a) Optional Revolving Credit
Terminations. The Borrower shall have the right at any time and from time to time, upon five (5)
Business Days prior written notice to the Administrative Agent (or such shorter period of time
agreed to by the
Administrative Agent), to terminate the Revolving Credit Commitments without premium or penalty and
in whole or in part, any partial termination to be (i) in an amount not less than $5,000,000 or, if
greater, a whole multiple thereof, and (ii) allocated ratably among the Lenders in proportion to
their respective Percentages, provided that the Revolving Credit Commitments may not be reduced to
an amount less than the sum of the aggregate principal amount of Revolving Loans, Swing Loans, and
L/C Obligations then outstanding. Any

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termination of the Revolving Credit Commitments below the
L/C Sublimit or Swing Line Sublimit then in effect shall reduce the L/C Sublimit and Swing Line
Sublimit, as applicable, by a like amount. The Administrative Agent shall give prompt notice to
each Lender of any such termination of the Revolving Credit Commitments.

     (b) No Reinstatement. Any termination of the Revolving Credit Commitments pursuant to this
Section 1.12 may not be reinstated.

     Section 1.13. Substitution of Lenders. In the event (a) the Borrower receives a claim from
any Lender for compensation under Section 10.3 or 13.1 hereof, (b) the Borrower receives notice
from any Lender of any illegality pursuant to Section 10.1 hereof, (c) any Lender is in default in
any material respect with respect to its obligations under the Loan Documents, or (d) a Lender
fails to consent to an amendment or waiver requested under Section 13.13 hereof at a time when the
Required Lenders have approved such amendment or waiver (any such Lender referred to in clause (a),
(b), (c), or (d) above being hereinafter referred to as an “Affected Lender”), the Borrower may, in
addition to any other rights the Borrower may have hereunder or under applicable law, require, at
its expense, any such Affected Lender to assign, at par plus accrued interest and fees, without
recourse, all of its interest, rights, and obligations hereunder (including all of its Revolving
Credit Commitments and the Loans and participation interests in Letters of Credit and other amounts
at any time owing to it hereunder and the other Loan Documents) to a commercial bank or other
financial institution specified by the Borrower, provided that (i) such assignment shall not
conflict with or violate any law, rule or regulation or order of any court or other governmental
authority, (ii) the Borrower shall have received the written consent of the Administrative Agent,
which consent shall not be unreasonably withheld, to such assignment, (iii) the Borrower shall have
paid to the Affected Lender all monies (together with amounts due such Affected Lender under
Section 1.11 hereof as if the Loans owing to it were prepaid rather than assigned) other than such
principal owing to it hereunder, and (iv) the assignment is entered into in accordance with the
other requirements of Section 13.12 hereof (provided any assignment fees and reimbursable expenses
due thereunder shall be paid by the Borrower).

     Section 1.14. Swing Loans. (a) Generally. Subject to the terms and conditions hereof, as
part of the Revolving Credit, the Swing Lender agrees to make loans to the Borrower under the Swing
Line (individually a “Swing Loan” and collectively the “Swing Loans”) which shall not in the
aggregate at any time outstanding exceed the Swing Line Sublimit. The Swing Loans may be availed
of by the Borrower from time to time and borrowings thereunder may be repaid and used again during
the period ending on the Revolving Credit Termination Date; provided that each Swing Loan must be
repaid on the last day of the Interest Period applicable thereto. Each Swing Loan shall be in a
minimum amount of $250,000 or such greater amount which is an integral multiple of $100,000.

     (b) Interest on Swing Loans. Each Swing Loan shall bear interest until maturity (whether by
acceleration or otherwise) at a rate per annum equal to (i) the Quoted Rate (computed on the basis
of a year of 360 days for the actual number of days elapsed) or (ii) if no such Quoted Rate is
given and accepted by the Borrower as described in clause (c), below, the sum of the Base Rate plus
the Applicable Margin for Base Rate Loans under the Revolving Credit as from time to time in effect
(computed on the basis of a year of 365 or 366 days, as the

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case may be, for the actual number of
days elapsed). Interest on each Swing Loan shall be due and payable on the last day of its
Interest Period and at maturity (whether by acceleration or otherwise).

     (c) Requests for Swing Loans. The Borrower shall give the Swing Lender and the Administrative
Agent prior notice (which may be written or oral) no later than 12:00 Noon (Chicago time) on the
date upon which a Borrower requests that any Swing Loan be made, of the amount and date of such
Swing Loan, and the Interest Period requested therefor. Within 30 minutes after receiving such
notice, the Swing Lender shall in its discretion quote an interest rate to the Borrower at which
the Swing Lender would be willing to make such Swing Loan available to the Borrower for the
Interest Period so requested (the rate so quoted for a given Interest Period being herein referred
to as the “Quoted Rate”). The Borrower acknowledges and agrees that the interest rate quote is
given for immediate and irrevocable acceptance. If the Borrower does not so immediately accept the
Quoted Rate for the full amount requested by the Borrower for such Swing Loan, the Quoted Rate
shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the rate per annum
determined by adding the Applicable Margin for Base Rate Loans under the Revolving Credit to the
Base Rate as from time to time in effect. Subject to the terms and conditions hereof, the proceeds
of such Swing Loan shall be made available to the Borrower on the date so requested at the offices
of the Administrative Agent in Chicago, Illinois, by depositing such proceeds to the credit of the
Borrower’s operating account maintained with the Administrative Agent or as the Borrower, the Swing
Lender and the Administrative Agent may otherwise agree. Anything contained in the foregoing to
the contrary notwithstanding, (i) the obligation of the Swing Lender to make Swing Loans shall be
subject to all of the terms and conditions of this Agreement (provided that the Swing Lender shall
be entitled to assume the conditions precedent to the making of a Swing Loan have been satisfied
unless notified to the contrary by the Administrative Agent and the Required Lenders) and (ii) the
Swing Lender shall not be obligated to make more than one Swing Loan during any one day.

     (d) Refunding Loans. In its sole and absolute discretion, the Swing Lender may at any time,
on behalf of the Borrower (which hereby irrevocably authorizes the Swing Lender to act on its
behalf for such purpose) and with notice to the Borrower, request each Lender to make a Revolving
Loan in the form of a Base Rate Loan in an amount equal to such Lender’s Percentage of the amount
of the Swing Loans outstanding on the date such notice is given. Unless an Event of Default
described in Section 9.1(j) or 9.1(k) exists with respect to the Borrower, regardless of the
existence of any other Event of Default, each Lender shall make the proceeds of its requested
Revolving Loan available to the Swing Lender, in immediately available funds, at the Administrative
Agent’s principal office in Chicago, Illinois, before 12:00 Noon (Chicago time) on the Business Day
following the day such notice is given. The Administrative Agent shall promptly remit the proceeds
of such Borrowing of Revolving Loans to the Swing Lender to repay the outstanding Swing Loans.

     (e) Participations. If any Lender refuses or otherwise fails to make a Revolving Loan when
requested by the Swing Lender pursuant to Section 1.14(d) above (because an Event of Default
described in Section 9.1(j) or 9.1(k) exists with respect to the Borrower or otherwise), such
Lender will, by the time and in the manner such Revolving Loan was to have been funded

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to the
Administrative Agent, purchase from the Swing Lender an undivided participating interest in the
outstanding Swing Loans in an amount equal to its Percentage of the aggregate principal amount of
Swing Loans that were to have been repaid with such Revolving Loans. Each Lender that so purchases
a participation in a Swing Loan shall thereafter be entitled to receive its Percentage of each
payment of principal received on the Swing Loan and of interest received thereon accruing from the
date such Lender funded to the Administrative Agent its participation in such Loan. The several
obligations of the Lenders under this Section shall be absolute, irrevocable and unconditional
under any and all circumstances whatsoever and shall not be subject to any set-off, counterclaim or
defense to payment which any Lender may have or have had against the Administrative Agent, the
Swing Lender, Borrower, any other Lender or any other Person whatever. Without limiting the
generality of the foregoing, such obligations shall not be affected by any Default or Event of
Default or by any reduction or termination of the Revolving Credit Commitments of any Lender, and
each payment made by a Lender under this Section shall be made without any offset, abatement,
withholding or reduction whatsoever.

     Section 1.15. Increase in Commitments; Additional Lenders. (a) The Borrower may, upon at
least 30 days’ notice to the Administrative Agent (which shall promptly provide a copy of such
notice to the Lenders), and provided that (x) the Borrower has not previously terminated all or any
portion of the Revolving Credit Commitments pursuant to Section 1.12 hereof, (y) the Administrative
Agent consents to such increase and (z) no Default or Event of Default exists, propose to increase
the aggregate amount of the Revolving Credit Commitments to an amount not to exceed $200,000,000
(the amount of any such increase, the “Commitment Increase”), provided that any such Commitment
Increase shall be in a minimum amount of at least $25,000,000. Each Lender party to this Agreement
at such time shall have the right (but no obligation), for a period of 15 days following its
receipt of such notice from the Administrative Agent, to elect by notice to the Borrower and the
Administrative Agent to increase its Revolving Credit Commitment by its Percentage of the
Commitment Increase. Any Lender which does not respond to such notice within such 15 day period
shall be deemed to have elected not to increase its Revolving Credit Commitment.

     (b) If any Lender party to this Agreement shall not elect to increase its Revolving Credit
Commitment by the full amount permitted by subsection (a) of this Section, the Borrower with the
consent of the Administrative Agent, Swing Lender and the L/C Issuer may designate one or more
other banks or other financial institutions (which may be, but need not be, one or more of the
existing Lenders) which at the time agree, in the case of any such bank that is an existing Lender,
to increase its Revolving Credit Commitment and, in the case of any other such bank (an “Additional
Lender”), to become a party to this Agreement. The sum of the increases in the Revolving Credit
Commitments of the existing Lenders pursuant to this subsection (b) plus the Revolving Credit
Commitments of the Additional Lenders shall not in the aggregate exceed the unsubscribed amount of
the Commitment Increase.

     (c) An increase in the aggregate amount of the Revolving Credit Commitments pursuant to this
Section 1.15 shall become effective upon the receipt by the Administrative Agent of an agreement in
the form of Exhibit G hereto signed by the Borrower, by each Additional Lender and by each other
Lender whose Revolving Credit Commitment is to be increased, setting forth the new Revolving Credit
Commitments of such Lenders and setting

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forth the agreement of each Additional Lender to become a
party to this Agreement and to be bound by all the terms and provisions hereof, together with such
evidence of appropriate corporate authorization on the part of the Borrower, if any, with respect
to the Commitment Increase as the Administrative Agent may reasonably request.

     (d) Upon the effectiveness of any increase in the aggregate amount of the Revolving Credit
Commitments pursuant to this Section 1.15, Schedule 1 shall be deemed amended reflecting the
increases of the Revolving Credit Commitments of existing Lenders and the addition of the new
Revolving Credit Commitments of the Additional Lenders (if any). Concurrently with the
effectiveness of such increase, each Lender shall fund its pro rata share of the outstanding
Revolving Loans and unpaid reimbursement obligations relating to Letters of Credit, if any, to the
Administrative Agent so that after giving effect thereto each Lender, including the Additional
Lenders (if any), holds a pro rata share of the outstanding Revolving Loans and obligations
relating to Letters of Credit and the Borrower shall pay to each Lender all amounts due under
Section 1.11 hereof as a result of any prepayment of any outstanding Eurodollar Loans resulting
from any Lender’s funding of Revolving Loans previously funded by other Lenders.

(e) The Borrower shall pay all reasonable out-of-pocket expenses of the Administrative Agent in
connection with any such Commitment Increase or proposed Commitment Increase.

Section 2. Fees.

     Section 2.1. Fees. (a) Revolving Credit Commitment Fee. The Borrower shall pay to the
Administrative Agent for the ratable account of the Lenders in accordance with their Percentages a
commitment fee at the rate of per annum equal to the Applicable Margin (computed on the basis of a
year of 360 days and the actual number of days elapsed) on the average daily Unused Revolving
Credit Commitments. Such commitment fee shall be payable quarterly in arrears on the last day of
each March, June, September, and December in each year (commencing on the first such date occurring
after the date hereof) and on the Revolving Credit Termination Date, unless the Revolving Credit
Commitments are terminated in whole on an earlier date, in which event the commitment fee for the
period to the date of such termination in whole shall be paid on the date of such termination.

     (b) Letter of Credit Fees. On the date of issuance or extension, or increase in the amount,
of any Letter of Credit pursuant to Section 1.2 hereof, the Borrower shall pay to the L/C Issuer
for its own account a fronting fee equal to 0.125% of the face amount of (or of the increase in the
face amount of) such Letter of Credit. Quarterly in arrears, on the last day of each March, June,
September, and December, commencing on the first such date occurring after the date hereof, the
Borrower shall pay to the Administrative Agent, for the ratable benefit of the Lenders in
accordance with their Percentages, a letter of credit fee at a rate per annum equal to the
Applicable Margin in effect during each day of such quarter (computed on the basis of a year of
360 days and the actual number of days elapsed) applied to the daily average face amount of Letters
of Credit outstanding during such quarter. In addition, the Borrower shall pay to the L/C Issuer
for its own account the L/C Issuer’s standard issuance, drawing, negotiation, amendment,

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and other
administrative fees for each Letter of Credit as established by the L/C Issuer from time to time.

     (c) Administrative Agent Fees. The Borrower shall pay to the Administrative Agent, for its
own use and benefit, the fees agreed to between the Administrative Agent and the Borrower in a fee
letter dated November 9, 2006, or as otherwise agreed to in writing between them.

Section 3. Place and Application of Payments.

     Section 3.1. Place and Application of Payments. All payments of principal of and interest on
the Loans and the Reimbursement Obligations, and of all other Obligations payable by the Borrower
under this Agreement and the other Loan Documents, shall be made by the Borrower to the
Administrative Agent by no later than 12:00 Noon (Chicago time) on the due date thereof at the
office of the Administrative Agent in Chicago, Illinois (or such other location as the
Administrative Agent may designate to the Borrower) for the benefit of the Lender or Lenders
entitled thereto. Any payments received after such time shall be deemed to have been received by
the Administrative Agent on the next Business Day. All such payments shall be made in U.S.
Dollars, in immediately available funds at the place of payment, in each case without set-off or
counterclaim. The Administrative Agent will promptly thereafter cause to be distributed like funds
relating to the payment of principal or interest on Loans and on Reimbursement Obligations in which
the Lenders have purchased Participating Interests ratably to the Lenders and like funds relating
to the payment of any other amount payable to any Lender to such Lender, in each case to be applied
in accordance with the terms of this Agreement. If the Administrative Agent causes amounts to be
distributed to the Lenders in reliance upon the assumption that the Borrower will make a scheduled
payment and such scheduled payment is not so made, each Lender shall, on demand, repay to the
Administrative Agent the amount distributed to such Lender together with interest thereon in
respect of each day during the period commencing on the date such amount was distributed to such
Lender and ending on (but excluding) the date such Lender repays such amount to the Administrative
Agent, at a rate per annum equal to: (i) from the date the distribution was made to the date two
(2) Business Days after payment by such Lender is due hereunder, the Federal Funds Rate for each
such day and (ii) from the date two (2) Business Days after the date such payment is due from such
Lender to the date such payment is made by such Lender, the Base Rate in effect for each such day.

     Anything contained herein to the contrary notwithstanding (including, without limitation,
Section 1.8(b) hereof), all payments and collections received in respect of the Obligations, in
each instance, by the Administrative Agent or any of the Lenders after acceleration or the final
maturity of the Obligations or termination of the Revolving Credit Commitments as a result of an
Event of Default shall be remitted to the Administrative Agent and distributed as follows:

     (a) first, to the payment of any outstanding costs and expenses incurred by the
Administrative Agent in protecting, preserving or enforcing rights under the Loan Documents,
and in any event including all costs and expenses of a character which the Borrower has
agreed to pay the Administrative Agent under Section 13.15 hereof (such funds to be retained
by the Administrative Agent for its own account unless it has

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previously been reimbursed for
such costs and expenses by the Lenders, in which event such amounts shall be remitted to the
Lenders to reimburse them for payments theretofore made to the Administrative Agent);

     (b) second, to the payment of principal and interest on the Swing Note until paid in
full;

     (c) third, to the payment of any outstanding interest and fees due under the Loan
Documents to be allocated pro rata in accordance with the aggregate unpaid amounts owing to
each holder thereof;

     (d) fourth, to the payment of principal on the Notes, unpaid Reimbursement Obligations,
together with amounts to be held by the Administrative Agent as collateral security for any
outstanding L/C Obligations pursuant to Section 9.4 hereof (until the Administrative Agent
is holding an amount of cash equal to the then outstanding amount of all such L/C
Obligations), and Hedging Liability, the aggregate amount paid to, or held as collateral
security for, the Lenders and, in the case of Hedging Liability, their Affiliates to be
allocated pro rata in accordance with the aggregate unpaid amounts owing to each holder
thereof;

     (e) fifth, to the payment of all other unpaid Obligations and all other indebtedness,
obligations, and liabilities of the Borrower and its Subsidiaries; and

     (f) finally, to the Borrower or whoever else may be lawfully entitled thereto.

     Section 3.2. Account Debit. The Borrower hereby irrevocably authorizes the Administrative
Agent to charge the Borrower’s deposit account or accounts maintained with the Administrative Agent
for the amounts from time to time necessary to pay any then due Obligations; provided that the
Borrower acknowledges and agrees that the Administrative Agent shall not be under an obligation to
do so and the Administrative Agent shall not incur any liability to the Borrower or any other
Person for the Administrative Agent’s failure to do so.

Section 4. Guaranties.

     Section 4.1. Guaranties. The payment and performance of the Obligations, Hedging Liability,
and Funds Transfer and Deposit Account Liability shall at all times be guaranteed by the Borrower
and by each direct and indirect Subsidiary of the Borrower (individually a “Guarantor” and
collectively the “Guarantors”) pursuant to Section 12 hereof or pursuant to one or more guaranty
agreements in form and substance acceptable to the Administrative Agent, as the same may be
amended, modified or supplemented from time to time (individually a “Guaranty” and collectively the
“Guaranties”);
provided, however, that (i) unless otherwise required by the Administrative Agent or the Required
Lenders during the existence of any Event of Default, no Foreign Subsidiary shall be required to be
a Guarantor hereunder and (ii) no Foreign Subsidiary shall be required to be a Guarantor hereunder
if its entry into a Guaranty would be prohibited by the laws of any jurisdiction applicable to it.

-17-

 

     Section 4.2. Further Assurances. In the event the Borrower or any Guarantor forms or acquires
any other Domestic Subsidiary after the date hereof, except as otherwise provided in Section 4.1
above, the Borrower shall promptly upon such formation or acquisition cause such newly formed or
acquired Domestic Subsidiary to execute a Guaranty as the Administrative Agent may then require,
and the Borrower shall also deliver to the Administrative Agent, or cause such Domestic Subsidiary
to deliver to the Administrative Agent, at the Borrower’s cost and expense, such other instruments,
documents, certificates, and opinions reasonably required by the Administrative Agent in connection
therewith.

Section 5. Definitions; Interpretation.

     Section 5.1. Definitions. The following terms when used herein shall have the following
meanings:

     “Account Debtor” means any Person obligated to make payment on any Receivable.

     “Acquired Business” means the entity or assets acquired by the Borrower or a Subsidiary in an
Acquisition, whether before or after the date hereof.

     “Acquisition” means any transaction or series of related transactions for the purpose of or
resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets
of a Person, or of any business or division of a Person, (b) the acquisition of in excess of 50% of
the capital stock, partnership interests, membership interests or equity of any Person (other than
a Person that is a Subsidiary), or otherwise causing any Person to become a Subsidiary, or (c) a
merger or consolidation or any other combination with another Person (other than a Person that is a
Subsidiary) provided that the Borrower or the Subsidiary is the surviving entity.

     “Adjusted EBITDA” means, with reference to any period, the sum of (a) EBITDA for such period,
and (b) without duplication of amounts included in clause (a), an amount calculated by the Borrower
and approved by the Administrative Agent in its discretion equal to the EBITDA of the Acquired
Business subject of any Permitted Acquisition consummated during such period for that portion of
such period prior to the consummation of such Permitted Acquisition to the extent not subsequently
sold or otherwise disposed of during such period.

     “Adjusted LIBOR” is defined in Section 1.3(b) hereof.

     “Administrative Agent” means Bank of Montreal and any successor pursuant to Section 11.7
hereof.

     “Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the
Administrative Agent.

     “Affiliate” means any Person directly or indirectly controlling or controlled by, or under
direct or indirect common control with, another Person. A Person shall be deemed to control
another Person for the purposes of this definition if such Person possesses, directly or
indirectly, the power to direct, or cause the direction of, the management and policies of the
other Person,

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whether through the ownership of voting securities, common directors, trustees or
officers, by contract or otherwise; provided that, in any event for purposes of this definition,
any Person that owns, directly or indirectly, 5% or more of the securities having the ordinary
voting power for the election of directors or governing body of a corporation or 5% or more of the
partnership or other ownership interest of any other Person (other than as a limited partner of
such other Person) will be deemed to control such corporation or other Person.

     “Agreement” means this Amended and Restated Credit Agreement, as the same may be amended,
modified, restated or supplemented from time to time pursuant to the terms hereof.

     “Applicable Margin” means, with respect to Loans, Reimbursement Obligations, and the letter of
credit fees payable under Section 2.1 hereof, until the first Pricing Date, the rates per annum
shown opposite Level I below, and thereafter from one Pricing Date to the next the Applicable
Margin means the rates per annum determined in accordance with the following schedule:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Applicable Margin	 	 
	 	 	 	 	Applicable Margin for	 	for
Eurodollar	 	 
	 	 	 	 	Base
Rate Loans under	 	Loans
under	 	 
	 	 	Total Leverage	 	Revolving
Credit and	 	Revolving
Credit	 	 
	 	 	Ratio
for Such	 	Reimbursement	 	and
for Letter of	 	 
	Level	 	Pricing Date	 	Obligations shall be:	 	Credit Fee shall be:	 	Commitment Fee
	IV

	 	Greater than or
equal to 2.50 to
1.0
	 	 	0.25	%	 	 	1.75	%	 	 	0.375	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	III

	 	Less than 2.50 to
1.0, but greater
than or equal to
1.75 to 1.0
	 	 	0.00	%	 	 	1.50	%	 	 	0.375	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	II

	 	Less than 1.75 to
1.0, but greater
than or equal to
1.00 to 1.0
	 	 	0.00	%	 	 	1.25	%	 	 	0.30	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	I

	 	Less than 1.00 to
1.0
	 	 	0.00	%	 	 	1.00	%	 	 	0.25	%

For purposes hereof, the term “Pricing Date” means, for any fiscal quarter of the Borrower
ending on or after December 31, 2006, the date on which the Administrative Agent is in receipt of
the Borrower’s most recent financial statements (and, in the case of the year-end financial
statements, audit report) for the fiscal quarter then ended, pursuant to Section 8.5 hereof; it
being understood that the first Pricing Date shall be the date upon which the Administrative Agent
receives the Borrower’s financial statements for the fiscal quarter ending December 31, 2006. The
Applicable Margin shall be established based on the Total Leverage Ratio for the most recently
completed fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in
effect until the next Pricing Date. If the Borrower has not delivered its financial statements by
the date such financial statements (and, in the case of the year-end financial statements, audit
report) are required to be delivered under Section 8.5 hereof, until such

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financial statements and
audit report are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e.,
Level IV shall apply). If the Borrower subsequently delivers such financial statements before the
next Pricing Date, the Applicable Margin established by such late delivered financial statements
shall take effect from the date of delivery until the next Pricing Date. In all other
circumstances, the Applicable Margin established by such financial statements shall be in effect
from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such
financial statements until the next Pricing Date. Each determination of the Applicable Margin made
by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the
Borrower and the Lenders absent manifest error.

     “Application” is defined in Section 1.2(b) hereof.

     “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.

     “Assignment and Acceptance” means an assignment and acceptance entered into by a Lender and an
Eligible Assignee (with the consent of any party whose consent is required by Section 13.12
hereof), and accepted by the Administrative Agent, in substantially the form of Exhibit H or any
other form approved by the Administrative Agent.

     “Authorized Representative” means those persons shown on the list of officers provided by the
Borrower pursuant to Section 7.2 hereof or on any update of any such list provided by the Borrower
to the Administrative Agent, or any further or different officers of the Borrower so named by any
Authorized Representative of the Borrower in a written notice to the Administrative Agent.

     “Base Rate” is defined in Section 1.3(a) hereof.

     “Base Rate Loan” means a Loan bearing interest at a rate specified in Section 1.3(a) hereof.

     “Borrower” is defined in the introductory paragraph of this Agreement.

     “Borrowing” means the total of Loans of a single type advanced, continued for an additional
Interest Period, or converted from a different type into such type by the Lenders under a Credit on
a single date and, in the case of Eurodollar Loans, for a single Interest Period. Borrowings of
Loans are made and maintained ratably from each of the Lenders under a Credit
according to their Percentages of such Credit. A Borrowing is “advanced” on the day Lenders
advance funds comprising such Borrowing to the Borrower, is “continued” on the date a new Interest
Period for the same type of Loans commences for such Borrowing, and is “converted” when such
Borrowing is changed from one type of Loan to the other, all as determined pursuant to Section 1.5
hereof. Borrowings of Swing Loans are made by the Swing Lender in accordance with the procedures
set forth in Section 1.14 hereof.

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     “Business Day” means any day (other than a Saturday or Sunday) on which banks are not
authorized or required to close in Chicago, Illinois and, if the applicable Business Day relates to
the advance or continuation of, or conversion into, or payment of a Eurodollar Loan, on which banks
are dealing in U.S. Dollar deposits in the interbank eurodollar market in London, England and
Nassau, Bahamas.

     “BVI Loan” means a loan in the principal amount of up to $28,000,000 plus capitalized interest
from PISI to Plexus Asia, Ltd., a British Virgin Islands company and a Wholly-Owned Subsidiary of
PISI.

     “Capital Expenditures” means, with respect to any Person for any period, the aggregate amount
of all expenditures (whether paid in cash or accrued as a liability) by such Person during that
period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or
additions to property, plant, or equipment (including replacements, capitalized repairs, and
improvements) which should be capitalized on the balance sheet of such Person in accordance with
GAAP.

     “Capital Lease” means any lease of Property which in accordance with GAAP is required to be
capitalized on the balance sheet of the lessee.

     “Capitalized Lease Obligation” means, for any Person, the amount of the liability shown on the
balance sheet of such Person in respect of a Capital Lease determined in accordance with GAAP.

     “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act of
1980, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§9601 et
seq., and any future amendments.

     “Change of Control” means any of (a) the acquisition by any “person” or “group” (as such terms
are used in sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) at any
time of beneficial ownership of 20% or more of the outstanding capital stock or other equity
interests of the Borrower on a fully-diluted basis, other than acquisitions of such interests by
the Borrower or any of its Subsidiaries, (b) the failure of individuals who are members of the
board of directors (or similar governing body) of the Borrower on the Closing Date (together with
any new or replacement directors whose initial nomination for election was approved by a majority
of the directors who were either directors on the Closing Date or previously so approved) to
constitute a majority of the board of directors (or similar governing body) of the Borrower, or (c)
any “Change of Control” (or words of like import), as defined in
any agreement or indenture relating to any issue of Indebtedness for Borrowed Money shall
occur.

     “Closing Date” means the date of this Agreement or such later Business Day upon which each
condition described in Section 7.2 shall be satisfied or waived in a manner acceptable to the
Administrative Agent in its discretion.

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     “Code” means the Internal Revenue Code of 1986, as amended, and any successor statute thereto.

     “Collateral Account” is defined in Section 9.4 hereof.

     “Commitment Increase” is defined in Section 1.15(a) hereof.

     “Controlled Group” means all members of a controlled group of corporations and all trades or
businesses (whether or not incorporated) under common control which, together with the Borrower,
are treated as a single employer under Section 414 of the Code.

     “Credit” means any of the Revolving Credit or the Swing Line.

     “Credit Event” means the advancing of any Loan, the continuation of or conversion into a
Eurodollar Loan, or the issuance of, or extension of the expiration date or increase in the amount
of, any Letter of Credit.

     “Default” means any event or condition the occurrence of which would, with the passage of time
or the giving of notice, or both, constitute an Event of Default.

     “Departing Lender” means Harris N.A. and any other Lender under the Existing Credit Agreement
which executed this Agreement as a “Departing Lender”.

     “Disposition” means the sale, lease, conveyance or other disposition of Property, other than
sales or other dispositions expressly permitted under Sections 8.10(a)-(f) hereof.

     “Domestic Subsidiary” means any Subsidiary other than a Foreign Subsidiary.

     “EBIT” means, with reference to any period, Net Income for such period plus the sum of all
amounts deducted in arriving at such Net Income amount in respect of (a) Interest Expense for such
period and (b) federal, state, and local income taxes for such period.

     “EBITDA” means, with reference to any period, Net Income for such period plus the sum of all
amounts deducted in arriving at such Net Income amount in respect of (a) Interest Expense for such
period, (b) federal, state, and local income taxes for such period, and (c) depreciation of fixed
assets and amortization of intangible assets for such period.

     “Eligible Assignee” means (a) a Lender, (b) an Affiliate of a Lender, and (c) any other Person
(other than a natural person) approved by (i) the Administrative Agent, (ii) in the case of
 any assignment of a Revolving Credit Commitment, the L/C Issuer, and (iii) unless an Event of
Default has occurred and is continuing, the Borrower (each such approval not to be unreasonably
withheld or delayed); provided that notwithstanding the foregoing, “Eligible Assignee” shall not
include the Borrower or any Guarantor or any of the Borrower’s or such Guarantor’s Affiliates or
Subsidiaries.

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     “Eligible Line of Business” means any business engaged in as of the date of this Agreement by
the Borrower or any of its Subsidiaries or reasonably related thereto.

     “Environmental Claim” means any investigation, notice, violation, demand, allegation, action,
suit, injunction, judgment, order, consent decree, penalty, fine, lien, proceeding or claim
(whether administrative, judicial or private in nature) arising (a) pursuant to, or in connection
with an actual or alleged violation of, any Environmental Law, (b) in connection with any Hazardous
Material, (c) from any abatement, removal, remedial, corrective or response action in connection
with a Hazardous Material, Environmental Law or order of a governmental authority or (d) from any
actual or alleged damage, injury, threat or harm to health, safety, natural resources or the
environment.

     “Environmental Law” means any current or future Legal Requirement pertaining to (a) the
protection of health, safety and the indoor or outdoor environment, (b) the conservation,
management or use of natural resources and wildlife, (c) the protection or use of surface water or
groundwater, (d) the management, manufacture, possession, presence, use, generation,
transportation, treatment, storage, disposal, Release, threatened Release, abatement, removal,
remediation or handling of, or exposure to, any Hazardous Material or (e) pollution (including any
Release to air, land, surface water or groundwater), and any amendment, rule, regulation, order or
directive issued thereunder.

     “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, or any
successor statute thereto.

     “Eurodollar Loan” means a Loan bearing interest at the rate specified in Section 1.3(b)
hereof.

     “Eurodollar Reserve Percentage” is defined in Section 1.3(b) hereof.

     “Event of Default” means any event or condition identified as such in Section 9.1 hereof.

     “Event of Loss” means, with respect to any Property, any of the following: (a) any loss,
destruction or damage of such Property or (b) any condemnation, seizure, or taking, by exercise of
the power of eminent domain or otherwise, of such Property, or confiscation of such Property or the
requisition of the use of such Property.

     “Federal Funds Rate” means the fluctuating interest rate per annum described in part (x) of
clause (ii) of the definition of Base Rate appearing in Section 1.3(a) hereof.

     “Foreign Subsidiary” means each Subsidiary which is organized under the laws of a jurisdiction
other than the United States of America or any state thereof.

     “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 business.

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     “Funds Transfer and Deposit Account Liability” means the liability of the Borrower or any
Subsidiary owing to any of the Lenders, or any Affiliates of such Lenders, arising out of (a) the
execution or processing of electronic transfers of funds by automatic clearing house transfer, wire
transfer or otherwise to or from deposit accounts of the Borrower and/or any Subsidiary now or
hereafter maintained with any of the Lenders or their Affiliates, (b) the acceptance for deposit or
the honoring for payment of any check, draft or other item with respect to any such deposit
accounts, and (c) any other deposit, disbursement, and cash management services afforded to the
Borrower or any Subsidiary by any of such Lenders or their Affiliates.

     “GAAP” means generally accepted accounting principles set forth from time to time 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 agencies with similar functions of comparable stature and authority within the
U.S. accounting profession), which are applicable to the circumstances as of the date of
determination.

     “Guarantor” and “Guarantors” each is defined in Section 4.1 hereof.

     “Guaranty” and “Guaranties” each is defined in Section 4.1 hereof.

     “Hazardous Material” means any substance, chemical, compound, product, solid, gas, liquid,
waste, byproduct, pollutant, contaminant or material which is hazardous or toxic, and includes,
without limitation, (a) asbestos, polychlorinated biphenyls and petroleum (including crude oil or
any fraction thereof) and (b) any material classified or regulated as “hazardous” or “toxic” or
words of like import pursuant to an Environmental Law.

     “Hazardous Material Activity” means any activity, event or occurrence involving a Hazardous
Material, including, without limitation, the manufacture, possession, presence, use, generation,
transportation, treatment, storage, disposal, Release, threatened Release, abatement, removal,
remediation, handling of or corrective or response action to any Hazardous Material.

     “Hedging Liability” means the liability of the Borrower or any Subsidiary to any of the
Lenders, or any Affiliates of such Lenders, in respect of any interest rate, foreign currency,
and/or commodity swap, exchange, cap, collar, floor, forward, future or option agreement, or any
other similar interest rate, currency or commodity hedging arrangement, as the Borrower or such
Subsidiary, as the case may be, may from time to time enter into with any one or more of the
Lenders party to this Agreement or their Affiliates.

     “Hostile Acquisition” means the acquisition of the capital stock or other equity interests of
a Person through a tender offer or similar solicitation of the owners of such capital stock or
other equity interests which has not been approved (prior to such acquisition) by resolutions of
the Board of Directors of such Person or by similar action if such Person is not a corporation, and
as to which such approval has not been withdrawn.

     “Indebtedness for Borrowed Money” means for any Person (without duplication) (a) all
indebtedness created, assumed or incurred in any manner by such Person representing money

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borrowed
(including by the issuance of debt securities), (b) all indebtedness for the deferred purchase
price of property or services (other than trade accounts payable arising in the ordinary course of
business which are not more than sixty (60) days past due), (c) all indebtedness secured by any
Lien upon Property of such Person, whether or not such Person has assumed or become liable for the
payment of such indebtedness, (d) all Capitalized Lease Obligations of such Person, and (e) all
obligations of such Person on or with respect to letters of credit, bankers’ acceptances and other
extensions of credit whether or not representing obligations for borrowed money, such obligations
to be included at the full face or stated amount thereof.

     “Interest Coverage Ratio” means, at any time the same is to be determined, the ratio of (a)
EBIT for the most recent four fiscal quarters of the Borrower then ended to (b) Interest Expense
for the most recent four fiscal quarters of the Borrower then ended.

     “Interest Expense” means, with reference to any period, the sum of all interest charges
(including imputed interest charges with respect to Capitalized Lease Obligations and all
amortization of debt discount and expense) of the Borrower and its Subsidiaries for such period
determined on a consolidated basis in accordance with GAAP.

     “Interest Period” is defined in Section 1.6 hereof.

     “L/C Issuer” means the Administrative Agent, or any Lender requested by the Borrower and
approved by the Administrative Agent in its sole discretion with respect to any Letter of Credit.

     “L/C Obligations” means the aggregate undrawn face amounts of all outstanding Letters of
Credit and all unpaid Reimbursement Obligations.

     “L/C Sublimit” means $10,000,000, as reduced pursuant to the terms hereof.

     “Legal Requirement” means any treaty, convention, statute, law, regulation, ordinance,
license, permit, governmental approval, injunction, judgment, order, consent decree or other
requirement of any governmental authority, whether federal, state, or local.

     “Lenders” means and includes the financial institutions from time to time party to this
Agreement, including each assignee Lender pursuant to Section 13.12 hereof and, unless the context
otherwise requires, the Swing Lender.

     “Lending Office” is defined in Section 10.4 hereof.

     “Letter of Credit” is defined in Section 1.2(a) hereof.

     “LIBOR” is defined in Section 1.3(b) hereof.

     “Lien” means any mortgage, lien, security interest, pledge, charge or encumbrance of any kind
in respect of any Property, including the interests of a vendor or lessor under any conditional
sale, Capital Lease or other title retention arrangement.

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     “Loan” means any Revolving Loan or Swing Loan, whether outstanding as a Base Rate Loan or
Eurodollar Loan or otherwise, each of which is a “type” of Loan hereunder.

     “Loan Documents” means this Agreement, the Notes, the Applications, the Guaranties, and each
other instrument or document to be delivered hereunder or thereunder or otherwise in connection
therewith.

     “Malaysia Loans” means the approximately U.S. $25,000,000 loan from the Borrower to one or
more of its Subsidiaries which ultimately will be lent to Plexus Manufacturing Sdn. Bhd., a
Malaysia corporation (“Plexus Malaysia”), plus additional advances of approximately U.S. $5,000,000
per fiscal year, commencing with the fiscal year beginning on or about October 1, 2007, in each
case, to finance the purchase or construction of a facility, to finance machinery and equipment for
use by Plexus Malaysia and for other corporate purposes.

     “Material Adverse Effect” means (a) a material adverse change in, or material adverse effect
upon, the operations, business, Property, condition (financial or otherwise) or prospects of the
Borrower and its Subsidiaries taken as a whole, (b) a material impairment of the ability of the
Borrower or any Subsidiary to perform its material obligations under any Loan Document or (c) a
material adverse effect upon the legality, validity, binding effect or enforceability against the
Borrower or any Subsidiary of any Loan Document or the rights and remedies of the Administrative
Agent and the Lenders thereunder.

     “Mexico Loan” means the U.S. dollar equivalent of approximately $1,295,276 loan from Plexus
Intl. Sales & Logistics, LLC, a Delaware corporation (“PISL”) to Plexus Electronica, S. de R.L. de
C.V., a Mexican corporation and an indirect Subsidiary of PISL .

     “Moody’s” means Moody’s Investors Service, Inc.

     “Net Cash Proceeds” means, as applicable, (a) with respect to any Disposition by a Person,
cash and cash equivalent proceeds received by or for such Person’s account, net of (i) reasonable
direct costs relating to such Disposition and (ii) sale, use or other transactional taxes paid or
payable by such Person as a direct result of such Disposition, (b) with respect to any Event of
Loss, cash and cash equivalent proceeds received in respect thereof (whether as a result of
payments made under any applicable insurance policy therefor or in connection with condemnation
proceedings or otherwise), net of reasonable direct costs incurred in connection with the
collection of such proceeds, awards or other payments, and (c) with respect to any offering of
equity securities of a Person or the issuance of any Indebtedness for Borrowed Money
by a Person, cash and cash equivalent proceeds received by or for such Person’s account, net
of reasonable legal, underwriting, and other fees and expenses incurred as a direct result thereof.

     “Net Income” means, with reference to any period, the net income (or net loss) of the Borrower
and its Subsidiaries for such period computed on a consolidated basis in accordance with GAAP minus
(i) any extraordinary gains for such period, plus (ii) to the extent deducted in calculating Net
Income, (A) non-cash compensation expense, or other non-cash expenses or charges, for such period
arising from the sale of stock, granting of stock options, the granting of

-26-

 

stock appreciation
rights and similar arrangements (including any repricing, amendment, modification, substitution or
change of any such stock, stock option, stock appreciation rights or similar arrangements) (minus
the amount of any such expense or charges when paid in cash to the extent not deducted in the
computation of Net Income); plus (B) non-cash charges for such period which may be taken from to
time as a result of impairment charges arising from SFAS No. 142 (Goodwill and Other Intangible
Assets) in connection with the Borrower’s goodwill; plus (C) non-cash restructuring charges for
such period in an amount not to exceed $10,000,000 in the aggregate since January 1, 2007; provided
that there shall be excluded from Net Income (a) the net income (or net loss) of any Person accrued
prior to the date it becomes a Subsidiary of, or has merged into or consolidated with, the Borrower
or another Subsidiary, and (b) the net income (or net loss) of any Person (other than a Subsidiary)
in which the Borrower or any of its Subsidiaries has an equity interest, except to the extent of
the amount of dividends or other distributions actually paid to the Borrower or any of its
Subsidiaries during such period.

     “Net Worth” means, at any time the same is to be determined, the total shareholders’ equity
(including capital stock, additional paid-in capital and retained earnings after deducting treasury
stock) which would appear on the balance sheet of the Borrower and its Subsidiaries determined on a
consolidated basis in accordance with GAAP.

     “Notes” is defined in Section 1.10(d) hereof.

     “Obligations” means all obligations of the Borrower to pay principal and interest on the
Loans, all Reimbursement Obligations owing under the Applications, all fees and charges payable
hereunder, and all other payment obligations of the Borrower or any of its Subsidiaries arising
under or in relation to any Loan Document, in each case whether now existing or hereafter arising,
due or to become due, direct or indirect, absolute or contingent, and howsoever evidenced, held or
acquired.

     “Operating Lease” shall mean any lease of Property other than a Capital Lease.

     “Participating Interest” is defined in Section 1.2(d) hereof.

     “Participating Lender” is defined in Section 1.2(d) hereof.

     “PBGC” means the Pension Benefit Guaranty Corporation or any Person succeeding to any or all
of its functions under ERISA.

     “Percentage” means, for each Lender, the percentage of the Revolving Credit Commitments
represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments
have been terminated, the percentage held by such Lender (including through participation interests
in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C
Obligations then outstanding.

     “Permitted Acquisition” means any Acquisition approved by the Required Lenders in writing with
respect to which all of the following conditions shall have been satisfied:

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     (a) the Acquired Business is in an Eligible Line of Business;

     (b) the Acquisition shall not be a Hostile Acquisition;

     (c) the financial statements of the Acquired Business shall have been audited by one of
the “Big Three” accounting firms or by another independent accounting firm of national or
regional repute or otherwise reasonably satisfactory to the Administrative Agent, or if such
financial statements have not been audited by such an accounting firm, (i) such financial
statements shall have been approved by the Administrative Agent and (ii) the Acquired
Business has undergone a successful so-called businessman’s review by one of the “Big Three”
accounting firms as part of the Borrower’s due diligence on the Acquisition;

     (d) the Total Consideration for the Acquired Business, when taken together with the
Total Consideration for all Acquired Businesses acquired during the term of this Agreement,
does not exceed $75,000,000 in the aggregate;

     (e) if a new Subsidiary is formed or acquired as a result of or in connection with the
Acquisition, the Borrower shall have complied with the requirements of Section 4 hereof in
connection therewith; and

     (f) after giving effect to the Acquisition, no Default or Event of Default shall exist,
including with respect to the financial covenants contained in Section 8.21 hereof on a pro
forma basis (and, prior to the consummation of the Acquisition, the Borrower shall have
demonstrated such pro forma compliance in a manner reasonably acceptable to the
Administrative Agent).

     “Person” means an individual, partnership, corporation, limited liability company,
association, trust, unincorporated organization or any other entity or organization, including a
government or agency or political subdivision thereof.

     “PISI” is defined in the definition of “U.K. Loans.”

     “Plan” means any employee pension benefit plan covered by Title IV of ERISA or subject to the
minimum funding standards under Section 412 of the Code that either (a) is maintained by a member
of the Controlled Group for employees of a member of the Controlled Group or (b) is maintained
pursuant to a collective bargaining agreement or any other arrangement under which
more than one employer makes contributions and to which a member of the Controlled Group is
then making or accruing an obligation to make contributions or has within the preceding five plan
years made contributions.

     “Premises” means the real property owned or leased by the Borrower or any Subsidiary.

     “Property” means, as to any Person, all types of real, personal, tangible, intangible or mixed
property owned by such Person, whether or not included in the most recent balance sheet of such
Person and its subsidiaries under GAAP.

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     “Quoted Rate” is defined in Section 1.14(c) hereof.

     “RCRA” means the Solid Waste Disposal Act, as amended by the Resource Conservation and
Recovery Act of 1976 and Hazardous and Solid Waste Amendments of 1984, 42 U.S.C. §§6901 et seq.,
and any future amendments.

     “Reimbursement Obligation” is defined in Section 1.2(c) hereof.

     “Release” means any spilling, leaking, pumping, pouring, emitting, emptying, discharging,
injecting, escaping, leaching, migration, dumping, or disposing into the indoor or outdoor
environment, including, without limitation, the abandonment or discarding of barrels, drums,
containers, tanks or other receptacles containing or previously containing any Hazardous Material.

     “Required Lenders” means, as of the time when the same is to be determined, Lenders whose
Revolving Credit Commitments constitute a majority of the aggregate Revolving Credit Commitments of
the Lenders or, at any time when the Revolving Credit Commitments have been terminated, a majority
of the total outstanding Loans and interests in Letters of Credit.

     “Revolving Credit” means the credit facility for making Revolving Loans and issuing Letters of
Credit described in Sections 1.1 and 1.2 hereof.

     “Revolving Credit Commitment” means, as to any Lender, the obligation of such Lender to make
Revolving Loans and to participate in Swing Loans and Letters of Credit issued for the account of
the Borrower hereunder in an aggregate principal or face amount at any one time outstanding not to
exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a
part hereof, as the same may be reduced or modified at any time or from time to time pursuant to
the terms hereof. The Borrower and the Lenders acknowledge and agree that the Revolving Credit
Commitments of the Lenders aggregate $100,000,000 on the date hereof.

     “Revolving Credit Termination Date” means January 12, 2012, or such earlier date on which the
Revolving Credit Commitments are terminated in whole pursuant to Section 1.12, 9.2 or 9.3 hereof.

     “Revolving Loan” is defined in Section 1.1 hereof and, as so defined, includes a Base Rate
Loan or a Eurodollar Loan, each of which is a “type” of Revolving Loan hereunder.

     “Revolving Note” is defined in Section 1.10 hereof.

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

     “Subsidiary” means, as to any particular parent corporation or organization, any other
corporation or organization more than 50% of the outstanding Voting Stock of which is at the time
directly or indirectly owned by such parent corporation or organization or by any one or

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more other
entities which are themselves subsidiaries of such parent corporation or organization. Unless
otherwise expressly noted herein, the term “Subsidiary” means a Subsidiary of the Borrower or of
any of its direct or indirect Subsidiaries.

     “Swing Line” means the credit facility for making one or more Swing Loans described in Section
1.14 hereof.

     “Swing Lender” means BMO Capital Markets Financing, Inc. in its capacity as lender of the
Swing Loans hereunder and any successor swing lender hereunder.

     “Swing Line Sublimit” means $15,000,000, as reduced pursuant to the terms hereof.

     “Swing Loan” and “Swing Loans” each is defined in Section 1.14 hereof.

     “Swing Note” is defined in Section 1.10 hereof.

     “Total Consideration” means, with respect to an Acquisition, the sum (but without duplication)
of (a) cash paid in connection with any Acquisition, (b) indebtedness payable to the seller in
connection with such Acquisition, (c) the fair market value of any equity securities, including any
warrants or options therefor, delivered in connection with any Acquisition, (d) the present value
of covenants not to compete entered into in connection with such Acquisition or other future
payments which are required to be made over a period of time and are not contingent upon the
Borrower or its Subsidiaries meeting financial performance objectives (exclusive of salaries paid
in the ordinary course of business and earn-outs unless such earn-outs are not contingent upon the
Borrower or its Subsidiaries meeting financial performance objectives) (discounted at the Base
Rate), but only to the extent not included in clause (a), (b) or (c) above, and (e) the amount of
indebtedness assumed in connection with such Acquisition.

     “Total Funded Debt” means, at any time the same is to be determined, the sum (but without
duplication) of (a) all Indebtedness for Borrowed Money of the Borrower and its Subsidiaries at
such time and (b) all Indebtedness for Borrowed Money of any other Person at such time which is
directly or indirectly guaranteed by the Borrower or any of its Subsidiaries or which the Borrower
or any of its Subsidiaries has agreed (contingently or otherwise) to purchase or otherwise acquire
or in respect of which the Borrower or any of its Subsidiaries has otherwise assured a creditor
against loss.

     “Total Leverage Ratio” means, at any time the same is to be determined, the ratio of (a) Total
Funded Debt at such time to (b) Adjusted EBITDA for the most recent four fiscal quarters of the
Borrower then ended.

     “UCC” means the Uniform Commercial Code as in effect from time to time in the State of
Illinois.

     “U.K. Loans” means a loan in the principal amount of up to 35,000,000 British Pounds Sterling
plus capitalized interest from Plexus International Services, Inc., a Nevada corporation

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(“PISI”),
to Plexus Corp. Limited, a United Kingdom corporation and a wholly-owned subsidiary of PISI.

     “Unfunded Vested Liabilities” means, for any Plan at any time, the amount (if any) by which
the present value of all vested nonforfeitable accrued benefits under such Plan exceeds the fair
market value of all Plan assets allocable to such benefits, all determined as of the then most
recent valuation date for such Plan, but only to the extent that such excess represents a potential
liability of a member of the Controlled Group to the PBGC or the Plan under Title IV of ERISA.

     “Unused Revolving Credit Commitments” means, at any time, the difference between the Revolving
Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans
and L/C Obligations; it being understood that Swing Loans outstanding from time to time shall not
be counted as usage of the Revolving Credit Commitments for purposes of computing the commitment
fee under Section 2.1(a) hereof.

     “U.S. Dollars” and “$” each means the lawful currency of the United States of America.

     “Voting Stock” of any Person means capital stock or other equity interests of any class or
classes (however designated) having ordinary power for the election of directors or other similar
governing body of such Person, other than stock or other equity interests having such power only by
reason of the happening of a contingency.

     “Welfare Plan” means a “welfare plan” as defined in Section 3(1) of ERISA.

     “Wholly-owned Subsidiary” means a Subsidiary of which all of the issued and outstanding shares
of capital stock (other than directors’ qualifying shares as required by law) or other equity
interests are owned by the Borrower and/or one or more Wholly-owned Subsidiaries within the meaning
of this definition.

     Section 5.2. Interpretation. The foregoing definitions are equally applicable to both the
singular and plural forms of the terms defined. The words “hereof”, “herein”, and “hereunder” and
words of like import when used in this Agreement shall refer to this Agreement as a whole and not
to any particular provision of this Agreement. All references to time of day herein are references
to Chicago, Illinois, time unless otherwise specifically provided. Where the character or amount
of any asset or liability or item of income or expense is required to be determined or any
consolidation or other accounting computation is required to be made for the purposes of this
Agreement, it shall be done in
accordance with GAAP except where such principles are inconsistent with the specific provisions of
this Agreement.

     Section 5.3. Change in Accounting Principles. If, after the date of this Agreement, there
shall occur any change in GAAP from those used in the preparation of the financial statements
referred to in Section 6.5 hereof and such change shall result in a change in the method of
calculation of any financial covenant, standard or term found in this Agreement, either the
Borrower or the Required Lenders may by notice to the Lenders and the Borrower, respectively,
require that the Lenders and the Borrower negotiate in good faith to amend such covenants,
standards, and term so as equitably to reflect such change in accounting principles, with the

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desired result being that the criteria for evaluating the financial condition of the Borrower and
its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower
or the Required Lenders in requiring such negotiation shall limit their right to so require such a
negotiation at any time after such a change in accounting principles. Until any such covenant,
standard, or term is amended in accordance with this Section 5.3, financial covenants shall be
computed and determined in accordance with GAAP in effect prior to such change in accounting
principles.

Section 6. Representations and Warranties.

     The Borrower represents and warrants to the Administrative Agent and the Lenders as follows:

     Section 6.1. Organization and Qualification. The Borrower is duly organized, validly
existing, and in active status as a corporation under the laws of the State of Wisconsin, has full
and adequate power to own its Property and conduct its business as now conducted, and is duly
licensed or qualified and in good standing in each jurisdiction in which the nature of the business
conducted by it or the nature of the Property owned or leased by it requires such licensing or
qualifying, except where the failure to do so would not have a Material Adverse Effect.

     Section 6.2. Subsidiaries. Each Subsidiary is duly organized, validly existing, and in good
standing under the laws of the jurisdiction in which it is organized, has full and adequate power
to own its Property and conduct its business as now conducted, and is duly licensed or qualified
and in good standing (or other comparable status) in each jurisdiction in which the nature of the
business conducted by it or the nature of the Property owned or leased by it requires such
licensing or qualifying, except where the failure to do so would not have a Material Adverse
Effect. Schedule 6.2 hereto identifies each Subsidiary, the jurisdiction of its organization, the
percentage of issued and outstanding shares of each class of its capital stock or other equity
interests owned by the Borrower and the other Subsidiaries and, if such percentage is not 100%
(excluding directors’ qualifying shares as required by law), a description of each class of its
authorized capital stock and other equity interests and the number of shares of each class issued
and outstanding. All of the outstanding shares of capital stock and other equity interests of each
Subsidiary are validly issued and outstanding and fully paid and nonassessable (except as provided
in Wisconsin Statutes Sect. 180.0622(b) as judicially
interpreted) and all such shares and other equity interests indicated on Schedule 6.2 as owned by
the Borrower or another Subsidiary are owned, beneficially and of record, by the Borrower or such
Subsidiary free and clear of all Liens. There are no outstanding commitments or other obligations
of any Subsidiary to issue, and no options, warrants or other rights of any Person to acquire, any
shares of any class of capital stock or other equity interests of any Subsidiary.

     Section 6.3. Authority and Validity of Obligations. The Borrower has full right and authority
to enter into this Agreement and the other Loan Documents executed by it, to make the borrowings
herein provided for, to issue its Notes in evidence thereof, and to perform all of its obligations
hereunder and under the other Loan Documents executed by it. Each Subsidiary has full right and
authority to enter into the Loan Documents executed by it, to guarantee the Obligations, Hedging
Liability, and Funds Transfer and Deposit Account Liability, and to

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perform all of its obligations
under the Loan Documents executed by it. The Loan Documents delivered by the Borrower and by each
Subsidiary have been duly authorized, executed, and delivered by such Person and constitute valid
and binding obligations of such Person enforceable against it in accordance with their terms,
except as enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance or similar
laws affecting creditors’ rights generally and general principles of equity (regardless of whether
the application of such principles is considered in a proceeding in equity or at law); and this
Agreement and the other Loan Documents do not, nor does the performance or observance by the
Borrower or any Subsidiary of any of the matters and things herein or therein provided for, (a)
contravene or constitute a default under any provision of law or any judgment, injunction, order or
decree binding upon the Borrower or any Subsidiary or any provision of the organizational documents
(e.g., charter, certificate or articles of incorporation and by-laws, certificate or articles of
association and operating agreement, partnership agreement, or other similar organizational
documents) of the Borrower or any Subsidiary, (b) contravene or constitute a default under any
covenant, indenture or agreement of or affecting the Borrower or any Subsidiary or any of its
Property, in each case where such contravention or default, individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect, or (c) result in the creation or
imposition of any Lien on any Property of the Borrower or any Subsidiary.

     Section 6.4. Use of Proceeds; Margin Stock. The Borrower shall use the proceeds of the
Revolving Credit to refinance its existing indebtedness, to finance capital expenditures, to
finance working capital and for such other legal and proper purposes as are consistent with all
applicable laws. Neither the Borrower nor any Subsidiary is engaged in the business of extending
credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U
of the Board of Governors of the Federal Reserve System), and no part of the proceeds of any Loan
or any other extension of credit made hereunder will be used to purchase or carry any such margin
stock or to extend credit to others for the purpose of purchasing or carrying any such margin
stock. Margin stock (as hereinabove defined) constitutes less than 25% of the assets of the
Borrower and its Subsidiaries which are subject to any limitation on sale, pledge or other
restriction hereunder.

     Section 6.5. Financial Reports. The consolidated balance sheet of the Borrower and its
Subsidiaries as at September 30, 2006, and the related consolidated statements of income, retained
earnings and cash flows of the Borrower and
its Subsidiaries for the fiscal year then ended, and accompanying notes thereto, which financial
statements are accompanied by the audit report of PricewaterhouseCoopers LLP, independent public
accountants, heretofore furnished to the Administrative Agent and the Lenders, fairly present in
all material respects the consolidated financial condition of the Borrower and its Subsidiaries as
at said date and the consolidated results of their operations and cash flows for the period then
ended in conformity with GAAP applied on a consistent basis. Neither the Borrower nor any
Subsidiary has contingent liabilities which are material to it other than as indicated on such
financial statements or, with respect to future periods, on the financial statements furnished
pursuant to Section 8.5 hereof.

     Section 6.6. No Material Adverse Change. Since September 30, 2006, there has been no Material
Adverse Effect.

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     Section 6.7. Full Disclosure. The statements and information furnished to the Administrative
Agent and the Lenders in connection with the negotiation of this Agreement and the other Loan
Documents and the commitments by the Lenders to provide all or part of the financing contemplated
hereby do not, to the knowledge of the Borrower after due investigation, contain any untrue
statements of a material fact or omit a material fact necessary to make the material statements
contained herein or therein not misleading, the Administrative Agent and the Lenders acknowledging
that as to any projections furnished to the Administrative Agent and the Lenders, the Borrower only
represents that the same were prepared on the basis of information and estimates the Borrower
believed to be reasonable.

     Section 6.8. Trademarks, Franchises, and Licenses. Except as set forth on Schedule 6.8, the
Borrower and its Subsidiaries own, possess, or have the right to use all necessary patents,
licenses, franchises, trademarks, trade names, trade styles, copyrights, trade secrets, know how,
and confidential commercial and proprietary information to conduct their businesses as now
conducted, without known conflict with any patent, license, franchise, trademark, trade name, trade
style, copyright or other proprietary right of any other Person.

     Section 6.9. Governmental Authority and Licensing. The Borrower and its Subsidiaries have
received all licenses, permits, and approvals of all federal, state, and local governmental
authorities, if any, necessary to conduct their businesses, in each case where the failure to
obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No
investigation or proceeding which, if adversely determined, could reasonably be expected to result
in revocation or denial of any material license, permit or approval is pending or, to the knowledge
of the Borrower, threatened.

     Section 6.10. Good Title. The Borrower and its Subsidiaries have good and defensible title
(or valid leasehold interests) to their assets as reflected on the most recent consolidated balance
sheet of the Borrower and its Subsidiaries furnished to the Administrative Agent and the Lenders
(except for sales of assets in the ordinary course of business), subject to no Liens other than
such as are permitted by Section 8.8 hereof.

     Section 6.11. Litigation and Other Controversies. There is no litigation or governmental or
arbitration proceeding or labor controversy pending, nor to the knowledge of the Borrower
threatened, against the Borrower or any Subsidiary which if adversely determined, individually or
in the aggregate, could reasonably be expected to have a Material Adverse Effect.

     Section 6.12. Taxes. All material tax returns required to be filed by the Borrower or any
Subsidiary in any jurisdiction have, in fact, been filed (“material tax returns” as used herein
being understood to refer to returns in connection with which the Borrower or any Subsidiary would
be required to pay taxes in excess of the amount set forth in clause (i), below), and all taxes,
assessments, fees, and other governmental charges upon the Borrower or any Subsidiary or upon any
of its Property, income or franchises, which are shown to be due and payable in such returns, have
been paid, except such taxes, assessments, fees and governmental charges, if any (i) in an
aggregate amount not to exceed $1,000,000 at any one time and (ii) as are being contested in good
faith and by appropriate proceedings which prevent enforcement of the matter under contest and as
to which adequate reserves established in accordance with GAAP have been

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provided. The Borrower
does not know of any proposed additional tax assessment against it or its Subsidiaries for which
adequate provisions in accordance with GAAP have not been made on their accounts. Adequate
provisions in accordance with GAAP for taxes on the books of the Borrower and each Subsidiary have
been made for all open years, and for its current fiscal period.

     Section 6.13. Approvals. No authorization, consent, license or exemption from, or filing or
registration with, any court or governmental department, agency or instrumentality, nor any
approval or consent of any other Person, is or will be necessary to the valid execution, delivery
or performance by the Borrower or any Subsidiary of any Loan Document, except for such approvals
which have been obtained prior to the date of this Agreement and remain in full force and effect.

     Section 6.14. Affiliate Transactions. Neither the Borrower nor any Subsidiary is a party to
any contracts or agreements with any of its Affiliates (other than with Wholly-owned Subsidiaries
which are Domestic Subsidiaries) on terms and conditions which are less favorable to the Borrower
or such Subsidiary than would be usual and customary in similar contracts or agreements between
Persons not affiliated with each other.

     Section 6.15. Investment Company. Neither the Borrower nor any Subsidiary is an “investment
company” or a company “controlled” by an “investment company” within the meaning of the Investment
Company Act of 1940, as amended.

     Section 6.16. ERISA. The Borrower and each other member of its Controlled Group has fulfilled
its obligations under the minimum funding standards of and is in compliance in all material
respects with ERISA and the Code to the extent applicable to it and has not incurred any liability
to the PBGC or a Plan under Title IV of ERISA other than a liability to the PBGC for premiums under
Section 4007 of ERISA. Neither the Borrower nor any Subsidiary has any contingent liabilities with
respect to any post-retirement
benefits under a Welfare Plan, other than liability for continuation coverage described in article
6 of Title I of ERISA.

     Section 6.17. Compliance with Laws. (a) The Borrower and its Subsidiaries are in compliance
with the requirements of all federal, state and local laws, rules and regulations applicable to or
pertaining to their Property or business operations (including, without limitation, the
Occupational Safety and Health Act of 1970, the Americans with Disabilities Act of 1990, and laws
and regulations establishing quality criteria and standards for air, water, land and toxic or
hazardous wastes and substances), where any such non-compliance, individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect.

     (b) Without limiting the representations and warranties set forth in Section 6.17(a) above,
except for such matters, individually or in the aggregate, which could not reasonably be expected
to result in a Material Adverse Effect, the Borrower represents and warrants that: (i) the
Borrower and its Subsidiaries, and each of the Premises, comply in all material respects with all
applicable Environmental Laws; (ii) the Borrower and its Subsidiaries have obtained all
governmental approvals required for their operations and each of the Premises by any applicable
Environmental Law; (iii) the Borrower and its Subsidiaries have not, and the Borrower has no

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knowledge of any other Person who has, caused any Release, threatened Release or disposal of any
Hazardous Material at, on, about, or off any of the Premises in any material quantity and, to the
knowledge of the Borrower, none of the Premises are adversely affected by any Release, threatened
Release or disposal of a Hazardous Material originating or emanating from any other property; (iv)
none of the Premises contain and have contained any: (1) underground storage tank, (2) material
amounts of asbestos-containing building material, (3) landfills or dumps, (4) hazardous waste
management facility as defined pursuant to RCRA or any comparable state law, or (5) site on or
nominated for the National Priority List promulgated pursuant to CERCLA or any state remedial
priority list promulgated or published pursuant to any comparable state law; (v) the Borrower and
its Subsidiaries have not used a material quantity of any Hazardous Material and have conducted no
Hazardous Material Activity at any of the Premises; (vi) the Borrower and its Subsidiaries have no
material liability for response or corrective action, natural resource damage or other harm
pursuant to CERCLA, RCRA or any comparable state law; (vii) the Borrower and its Subsidiaries are
not subject to, have no notice or knowledge of and are not required to give any notice of any
Environmental Claim involving the Borrower or any Subsidiary or any of the Premises, and there are
no conditions or occurrences at any of the Premises which could reasonably be anticipated to form
the basis for an Environmental Claim against the Borrower or any Subsidiary or such Premises;
(viii) none of the Premises are subject to any, and the Borrower has no knowledge of any imminent
restriction on the ownership, occupancy, use or transferability of the Premises in connection with
any (1) Environmental Law or (2) Release, threatened Release or disposal of a Hazardous Material;
and (ix) there are no conditions or circumstances at any of the Premises which pose an unreasonable
risk to the environment or the health or safety of Persons.

     Section 6.18. Other Agreements. Neither the Borrower nor any Subsidiary is in default under
the terms of any covenant, indenture or agreement of or affecting such Person or any of its
Property, which default if uncured could reasonably be expected to have a Material Adverse Effect.

     Section 6.19. Solvency. The Borrower and its Subsidiaries are solvent, able to pay their
debts as they become due, and have sufficient capital to carry on their business and all businesses
in which they are about to engage.

     Section 6.20. No Default. No Default or Event of Default has occurred and is continuing.

     Section 6.21. No Broker Fees. No broker’s or finder’s fee or commission will be payable with
respect hereto or any of the transactions contemplated thereby; and the Borrower hereby agrees to
indemnify the Administrative Agent and the Lenders against, and agree that they will hold the
Administrative Agent and the Lenders harmless from, any claim, demand, or liability for any such
broker’s or finder’s fees alleged to have been incurred in connection herewith or therewith and any
expenses (including reasonable attorneys’ fees) arising in connection with any such claim, demand,
or liability.

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Section 7. Conditions Precedent.

     The obligation of each Lender to advance, continue or convert any Loan (other than the
continuation of, or conversion into, a Base Rate Loan) or of the L/C Issuer to issue, extend the
expiration date (including by not giving notice of non-renewal) of or increase the amount of any
Letter of Credit under this Agreement, shall be subject to the following conditions precedent:

     Section 7.1. All Credit Events. At the time of each Credit Event hereunder:

     (a) each of the representations and warranties set forth herein and in the other Loan
Documents shall be and remain true and correct as of said time, except to the extent the
same expressly relate to an earlier date;

     (b) the Borrower and each Subsidiary shall be in compliance with all of the terms and
conditions hereof and of the other Loan Documents, and no Default or Event of Default shall
have occurred and be continuing or would occur as a result of such Credit Event;

     (c) in the case of a Borrowing the Administrative Agent shall have received the notice
required by Section 1.5 hereof, in the case of the issuance of any Letter of Credit the L/C
Issuer shall have received a duly completed Application for such Letter of Credit together
with any fees called for by Section 2.1 hereof, and, in the case of an extension or increase
in the amount of a Letter of Credit, a written request therefor in a form acceptable to the
L/C Issuer together with fees called for by Section 2.1 hereof; and

     (d) such Credit Event shall not violate any order, judgment or decree of any court or
other authority or any provision of law or regulation applicable to the Administrative
Agent, the L/C Issuer, or any Lender (including, without limitation, Regulation U of the
Board of Governors of the Federal Reserve System) as then in effect.

     Each request for a Borrowing hereunder and each request for the issuance of, increase in the
amount of, or extension of the expiration date of, a Letter of Credit shall be deemed to be a
representation and warranty by the Borrower on the date of such Credit Event as to the facts
specified in subsections (a) through (c), both inclusive, of this Section.

     Section 7.2. Initial Credit Event. Before or concurrently with the initial Credit Event:

     (a) the Administrative Agent shall have received for each Lender this Agreement duly
executed by the Borrower and its Subsidiaries, as Guarantors, and the Lenders;

     (b) the Administrative Agent shall have received for each Lender copies of the
Borrower’s and each Domestic Subsidiary’s articles of incorporation and bylaws (or
comparable organizational documents) and any amendments thereto, certified in each instance
by its Secretary or Assistant Secretary;

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     (c) the Administrative Agent shall have received for each Lender copies of resolutions
of the Borrower’s and each Domestic Subsidiary’s Board of Directors (or similar governing
body) authorizing the execution, delivery and performance of this Agreement and the other
Loan Documents to which it is a party and the consummation of the transactions contemplated
hereby and thereby, together with specimen signatures of the persons authorized to execute
such documents on the Borrower’s and each Domestic Subsidiary’s behalf, all certified in
each instance by its Secretary or Assistant Secretary;

     (d) the Administrative Agent shall have received for each Lender copies of the
certificates of good standing (or comparable status) for the Borrower and each Domestic
Subsidiary (dated no earlier than thirty (30) days prior to the date hereof) from the office
of the secretary of the state of its incorporation or organization and of each state in
which it is qualified to do business as a foreign corporation or organization;

     (e) the Administrative Agent shall have received for each Lender a list of the
Borrower’s Authorized Representatives;

     (f) the Administrative Agent shall have received for itself and for the Lenders the
initial fees called for by Section 2.1 hereof;

     (g) each Lender shall have received such evaluations and certifications as it may
reasonably require in order to satisfy itself as to the financial condition of the Borrower
and its Subsidiaries, and the lack of material contingent liabilities of the Borrower and
its Subsidiaries;

     (h) the Administrative Agent shall have received financing statement, tax, and judgment
lien search results against the Property of the Borrower and each Domestic Subsidiary
evidencing the absence of Liens on its Property except as permitted by Section 8.8 hereof;

     (i) the Administrative Agent shall have received for each Lender the favorable written
opinion of counsel to the Borrower and each Domestic Subsidiary, in form and substance
satisfactory to the Administrative Agent;

     (j) the Administrative Agent shall have received for each Lender the historical
financial audits, the interim financial statements and the five-year projections of the
Borrower, each in form and substance satisfactory to the Administrative Agent; and

     (k) the Administrative Agent shall have received for the account of the Lenders such
other agreements, instruments, documents, certificates, and opinions as the Administrative
Agent may reasonably request.

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Section 8. Covenants.

     The Borrower agrees that, so long as any credit is available to or in use by the Borrower
hereunder, except to the extent compliance in any case or cases is waived in writing pursuant to
the terms of Section 13.13 hereof:

     Section 8.1. Maintenance of Business. The Borrower shall, and shall cause each Subsidiary to,
preserve and maintain its existence, except as otherwise provided in Section 8.10(c) hereof. The
Borrower shall, and shall cause each Subsidiary to, preserve and keep in force and effect all
licenses, permits, franchises, approvals, patents, trademarks, trade names, trade styles,
copyrights, and other proprietary rights necessary to the proper conduct of its business where the
failure to do so could reasonably be expected to have a Material Adverse Effect.

     Section 8.2. Maintenance of Properties. The Borrower shall, and shall cause each Subsidiary
to, maintain, preserve, and keep its property, plant, and equipment in good repair, working order
and condition (ordinary wear and tear excepted), and shall from time to time make all needful and
proper repairs, renewals, replacements, additions, and betterments thereto so that at all times the
efficiency thereof shall be fully preserved and maintained, except to the extent that, in the
reasonable business judgment of such Person, any such Property is no longer necessary for the
proper conduct of the business of such Person.

     Section 8.3. Taxes and Assessments. The Borrower shall duly pay and discharge, and shall
cause each Subsidiary to duly pay and discharge, all taxes, rates, assessments, fees, and
governmental charges upon or against it or its Property, in each case before the same become
delinquent and before penalties accrue thereon except for taxes, rates, assessments, fees and
governmental charges (i) not to exceed $25,000 in the aggregate at any one time and (ii) which are
being contested in good faith and by appropriate proceedings which prevent enforcement of the
matter under contest and adequate reserves are provided therefor.

     Section 8.4. Insurance. The Borrower shall insure and keep insured, and shall cause each
Subsidiary to insure and keep insured, with good and responsible insurance companies, all insurable
Property owned by it which is of a character usually insured by Persons similarly situated and
operating like Properties against loss or damage from such hazards and risks, and in such amounts,
as are insured by Persons similarly situated and operating like Properties; and the Borrower shall
insure, and shall cause each Subsidiary to insure, such other hazards and risks (including, without
limitation, business interruption, employers’ and public liability risks) with good and responsible
insurance companies as and to the extent usually insured by Persons similarly situated and
conducting similar businesses. The Borrower shall, upon the request of the Administrative Agent,
furnish to the Administrative Agent and the Lenders a certificate setting forth in summary form the
nature and extent of the insurance maintained pursuant to this Section.

     Section 8.5. Financial Reports. The Borrower shall, and shall cause each Subsidiary to,
maintain a standard system of accounting in accordance with GAAP and shall furnish to the
Administrative Agent, each Lender and each of their duly authorized representatives such

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information respecting the business and financial condition of the Borrower and each Subsidiary as
the Administrative Agent or such Lender may reasonably request; and without any request, shall
furnish to the Administrative Agent and the Lenders:

     (a) as soon as available, and in any event within forty-five (45) days after the close
of each fiscal quarter of each fiscal year of the Borrower, a copy of the consolidated
balance sheet of the Borrower and its Subsidiaries as of the last day of such fiscal quarter
and the consolidated statements of income, retained earnings, and cash flows of the Borrower
and its Subsidiaries for the fiscal quarter and for the fiscal year-to-date period then
ended, each in reasonable detail showing in comparative form the figures for the
corresponding date and period in the previous fiscal year, prepared by the Borrower in
accordance with GAAP (subject to the absence of footnote disclosures and year-end audit
adjustments) and certified to by its chief financial officer or another officer of the
Borrower acceptable to the Administrative Agent;

     (b) as soon as available, and in any event within ninety (90) days after the close of
each fiscal year of the Borrower, a copy of the consolidated balance sheet of the Borrower
and its Subsidiaries as of the last day of the fiscal year then ended and the consolidated
statements of income, retained earnings, and cash flows of the Borrower and its Subsidiaries
for the fiscal year then ended, and accompanying notes thereto, each in reasonable detail
showing in comparative form the figures for the previous fiscal year, accompanied by an
unqualified opinion of PricewaterhouseCoopers LLP or another firm of independent public
accountants of recognized national standing, selected by the Borrower and reasonably
satisfactory to the Administrative Agent and the Required Lenders, to the effect that the
consolidated financial statements have been prepared in accordance with GAAP and present
fairly in accordance with GAAP the consolidated financial condition of the Borrower and its
Subsidiaries as of the close of such fiscal year and the results of their operations and
cash flows for the fiscal year then ended and that an examination of such accounts in
connection with such financial statements has been made in accordance with generally
accepted auditing standards;

     (d) promptly after receipt thereof, any additional written reports, management letters
or other detailed information contained in writing concerning significant aspects of the
Borrower’s or any Subsidiary’s operations and financial affairs given to it by its
independent public accountants;

     (e) promptly after the sending or filing thereof, copies of each financial statement,
report, notice or proxy statement sent by the Borrower or any Subsidiary to its stockholders
or other equity holders, and copies of each regular, periodic or special report,
registration statement or prospectus (including all Form 10-K, Form 10-Q and Form 8-K
reports) filed by the Borrower or any Subsidiary with any securities exchange or the
Securities and Exchange Commission or any successor agency;

     (f) as soon as available, and in any event within thirty (30) days after the beginning
of each fiscal year of the Borrower, a copy of the Borrower’s consolidated operating budget
for such fiscal year, such operating budget to show the Borrower’s

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projected consolidated revenues, expenses and balance sheet on a quarter-by-quarter basis,
such operating budget to be in reasonable detail prepared by the Borrower and in form
satisfactory to the Administrative Agent and the Required Lenders (which shall include a
summary of all assumptions made in preparing such operating budget);

     (g) notice of any Change of Control;

     (h) promptly after knowledge thereof shall have come to the attention of any
responsible officer of the Borrower, written notice of any threatened or pending litigation
or governmental or arbitration proceeding or labor controversy against the Borrower or any
Subsidiary which, if adversely determined, could reasonably be expected to have a Material
Adverse Effect or of the occurrence of any Default or Event of Default hereunder;

     (i) with each of the financial statements furnished to the Lenders pursuant to
subsections (a) and (b) above, a written certificate in the form attached hereto as Exhibit
E signed by the chief financial officer of the Borrower or another officer of the Borrower
acceptable to the Administrative Agent to the effect that to the best of such officer’s
knowledge and belief no Default or Event of Default has occurred during the period covered
by such statements or, if any such Default or Event of Default has occurred during such
period, setting forth a description of such Default or Event of Default and specifying the
action, if any, taken by the Borrower or any Subsidiary to remedy the same. Such
certificate shall also set forth the calculations supporting such statements in respect of
Section 8.21 hereof; and

     (j) such other information and reports as may be reasonably requested by any Lender;
all such reports and financial statements will be in form and scope reasonably acceptable to
the Administrative Agent and the Required Lenders, including comparison to budget and prior
comparable period.

     Section 8.6. Inspection. The Borrower shall, and shall cause each Subsidiary to, permit the
Administrative Agent, each Lender, and each of their duly authorized representatives and agents to
visit and inspect any of its Property, corporate books, and financial records, to examine and make
copies of its books of accounts and other financial records, and to discuss its affairs, finances,
and accounts with, and to be advised as to the same by, its officers, employees and independent
public accountants (and by this provision the Borrower hereby authorizes such accountants to
discuss with the Administrative Agent and such Lenders the finances and affairs of the Borrower and
its Subsidiaries) at such reasonable times and intervals as the Administrative Agent or any such
Lender may designate and, so long as no Default or Event of Default exists, with reasonable prior
notice to the Borrower.

     Section 8.7. Borrowings and Guaranties. The Borrower shall not, nor shall it permit any
Subsidiary to, issue, incur, assume, create or have outstanding any Indebtedness for Borrowed
Money, or be or become liable as endorser, guarantor, surety or otherwise for any debt, obligation
or undertaking of any other Person, or otherwise agree to provide funds for payment of the
obligations of another, or supply funds thereto or invest therein or otherwise

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assure a creditor of another against loss, or apply for or become liable to the issuer of a letter
of credit which supports an obligation of another, or subordinate any claim or demand it may have
to the claim or demand of any other Person; provided, however, that the foregoing shall not
restrict nor operate to prevent:

     (a) the Obligations, Hedging Liability, and Funds Transfer and Deposit Account
Liability of the Borrower and its Subsidiaries owing to the Administrative Agent and the
Lenders (and their Affiliates);

     (b) purchase money indebtedness and Capitalized Lease Obligations of the Borrower and
its Subsidiaries in an amount not to exceed $80,000,000 in the aggregate at any one time
outstanding;

     (c) obligations of the Borrower arising out of interest rate, foreign currency, and
commodity hedging agreements entered into with financial institutions in the ordinary course
of business;

     (d) endorsement of items for deposit or collection of commercial paper received in the
ordinary course of business;

     (e) intercompany indebtedness from time to time owing among the Borrower and its
Subsidiaries, to the extent permitted by Section 8.9 hereof;

     (f) indebtedness secured by Liens permitted by Section 8.8(g) hereof;

     (g) unsecured indebtedness of the Borrower and its Subsidiaries not otherwise permitted
by this Section in an amount not to exceed $10,000,000 in the aggregate at any one time
outstanding, provided that this clause (g) shall not be understood to permit intercompany
loans or advances not otherwise permitted pursuant to Section 8.9 hereof;

     (h) guarantees existing on the Closing Date and listed on Schedule 8.7 hereto; and

     (i) unsecured guarantees by the Borrower or any Subsidiary of indebtedness in an
aggregate principal amount not to exceed $15,000,000 at any time.

     Section 8.8. Liens. The Borrower shall not, nor shall it permit any Subsidiary to, create,
incur or permit to exist any Lien of any kind on any Property owned by any such Person; provided,
however, that the foregoing shall not apply to nor operate to prevent:

     (a) Liens arising by statute in connection with worker’s compensation, unemployment
insurance, old age benefits, social security obligations, taxes, assessments, statutory
obligations or other similar charges (other than Liens arising under ERISA), good faith cash
deposits in connection with tenders, contracts or leases to which the Borrower or any
Subsidiary is a party or other cash deposits required to be made in the ordinary course of
business, provided in each case that the obligation is not for

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borrowed money and that the obligation secured is not overdue or, if overdue, is being
contested in good faith by appropriate proceedings which prevent enforcement of the matter
under contest and adequate reserves have been established therefor;

     (b) mechanics’, workmen’s, materialmen’s, landlords’, carriers’ or other similar Liens
arising in the ordinary course of business with respect to obligations which are not due or
which are being contested in good faith by appropriate proceedings which prevent enforcement
of the matter under contest;

     (c) judgment liens and judicial attachment liens not constituting an Event of Default
under Section 9.1(g) hereof and the pledge of assets for the purpose of securing an appeal,
stay or discharge in the course of any legal proceeding, provided that the aggregate amount
of such judgment liens and attachments and liabilities of the Borrower and its Subsidiaries
secured by a pledge of assets permitted under this subsection, including interest and
penalties thereon, if any, shall not be in excess of $2,500,000 at any one time outstanding;

     (d) Liens on equipment of the Borrower or any Subsidiary created solely for the purpose
of securing indebtedness permitted by Section 8.7(b) hereof, representing or incurred to
finance the purchase price of such Property, provided that no such Lien shall extend to or
cover other Property of the Borrower or such Subsidiary other than the respective Property
so acquired, and the principal amount of indebtedness secured by any such Lien shall at no
time exceed the purchase price of such Property, as reduced by repayments of principal
thereon;

     (e) any interest or title of a lessor under any Operating Lease;

     (f) easements, rights-of-way, restrictions, and other similar encumbrances against real
property incurred in the ordinary course of business which, in the aggregate, are not
substantial in amount and which do not materially detract from the value of the Property
subject thereto or materially interfere with the ordinary conduct of the business of the
Borrower or any Subsidiary;

     (g) Liens not otherwise permitted by this Section securing indebtedness in an amount
not to exceed $25,000,000 in the aggregate at any one time outstanding, provided that the
value of the Property encumbered by such Liens may not exceed $25,000,000 at any time;

     (h) Liens in the nature of licenses that arise in the ordinary course of business and
consistent with past practice of the Borrower and its Subsidiaries; and

     (i) any extension, renewal or replacement (or successive extensions, renewals or
replacements), in whole or in part, of any Lien referred to in the foregoing clauses;
provided that such extension, renewal or replacement Lien shall be limited to all or a part
of the Property which secured the Lien so extended, renewed or replaced, and the allowance
of such extension, renewal and replacement Liens pursuant to this clause (j)

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shall not be understood to increase the maximum amounts described in the foregoing clauses
(c) and (h).

     Section 8.9. Investments, Acquisitions, Loans and Advances. The Borrower shall not, nor shall
it permit any Subsidiary to, directly or indirectly, make, retain or have outstanding any
investments (whether through purchase of stock or obligations or otherwise) in, or loans or
advances to (other than for travel advances and other similar cash advances made to employees in
the ordinary course of business), any other Person, or acquire all or any substantial part of the
assets or business of any other Person or division thereof; provided, however, that the foregoing
shall not apply to nor operate to prevent:

     (a) investments in direct obligations of the United States of America or of any agency
or instrumentality thereof whose obligations constitute full faith and credit obligations of
the United States of America, provided that any such obligations shall mature within one
year of the date of issuance thereof;

     (b) investments in commercial paper rated at least P-1 by Moody’s and at least A-1 by
S&P maturing within one year of the date of issuance thereof;

     (c) investments, for periods not to exceed 30 days in the case of any such investment,
in tax-exempt or taxable preferred, auction rate securities of corporate issuers rated at
least Aaa by Moody’s or at least AAA by S&P;

     (d) investments in certificates of deposit issued by any Lender or by any United States
commercial bank having capital and surplus of not less than $100,000,000 which have a
maturity of one year or less;

     (e) investments in repurchase obligations with a term of not more than seven (7) days
for underlying securities of the types described in subsection (a) above entered into with
any bank meeting the qualifications specified in subsection (d) above, provided all such
agreements require physical delivery of the securities securing such repurchase agreement,
except those delivered through the Federal Reserve Book Entry System;

     (f) investments in money market funds that invest solely, and which are restricted by
their respective charters to invest solely, in investments of the type described in the
foregoing clauses (a), (b), (c), (d) and (e);

     (g) the Borrower’s equity investments from time to time in the Domestic Subsidiaries,
and equity investments made from time to time by a Domestic Subsidiary in one or more of the
other Domestic Subsidiaries;

     (h) loans and advances from time to time among the Borrower and the Domestic
Subsidiaries;

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     (i) loans and advances made from time to time by the Borrower or any Domestic
Subsidiary to any Foreign Subsidiary in the ordinary course of business to finance working
capital needs;

     (j) the U.K. Loan, the Malaysia Loans, the Mexico Loan and the BVI Loan;

     (k) the Borrower’s equity investments in the Foreign Subsidiaries existing on the date
hereof, equity investments made from time to time by a Foreign Subsidiary in one or more of
the other Foreign Subsidiaries, and any loans and advances from time to time among the
Foreign Subsidiaries;

     (l) equity investments, loans and advances by the Borrower or any Domestic Subsidiary
to any Foreign Subsidiary, in addition to those permitted pursuant to the foregoing clauses
(i), (j) and (k), in an amount not to exceed, when taken together with the value of any
Property transferred pursuant to Section 8.10(b)(iii) hereof, $30,000,000 in the aggregate
at any one time outstanding;

     (m) Permitted Acquisitions; and

     (n) other investments, loans, and advances in addition to those otherwise permitted by
this Section in an amount not to exceed $10,000,000 in the aggregate at any one time
outstanding, provided that no additional equity investments, loans or advances by the
Borrower or any Domestic Subsidiary in or to any Foreign Subsidiary shall be permitted
pursuant to this clause (n).

In determining the amount of investments, acquisitions, loans, and advances permitted under this
Section, investments and acquisitions shall always be taken at the original cost thereof
(regardless of any subsequent appreciation or depreciation therein), and loans and advances shall
be taken at the principal amount thereof then remaining unpaid.

     Section 8.10. Mergers, Consolidations and Sales. The Borrower shall not, nor shall it permit
any Subsidiary to, be a party to any merger or consolidation, or sell, transfer, lease or otherwise
dispose of all or any part of its Property, including any disposition of Property as part of a sale
and leaseback transaction, or in any event sell or discount (with or without recourse) any of its
notes or accounts receivable; provided, however, that so long as no Default or Event of Default
exists this Section shall not apply to nor operate to prevent:

     (a) the sale or lease of inventory in the ordinary course of business;

     (b) the sale, transfer, lease or other disposition in the ordinary course of business
of Property of (i) the Borrower and the Domestic Subsidiaries to one another, (ii) the
Foreign Subsidiaries to one another, and (iii) the Borrower or any Domestic Subsidiary to
any Foreign Subsidiary, provided that any sale, transfer, lease or other disposition
permitted under this clause (iii) shall, for the purposes of calculating compliance with the
provisions of Section 8.9(l) hereof, be treated as an equity investment in the Foreign
Subsidiary receiving such Property in an amount equal to the

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excess of the fair market value of the Property received by such Foreign Subsidiary over the
amount of any consideration tendered by it for such Property;

     (c) the merger of any Subsidiary with and into the Borrower or any other Subsidiary,
provided that, (i) in the case of any merger involving the Borrower, the Borrower is the
corporation surviving the merger and (ii) no Domestic Subsidiary shall be permitted to merge
into any Foreign Subsidiary;

     (d) the sale of delinquent notes or accounts receivable in the ordinary course of
business for purposes of collection only (and not for the purpose of any bulk sale or
securitization transaction);

     (e) the sale, transfer or other disposition of any tangible personal property that, in
the reasonable business judgment of the Borrower or its Subsidiary, has become obsolete or
worn out, and which is disposed of in the ordinary course of business; and

     (f) the sale, transfer, lease or other disposition of Property of the Borrower or any
Subsidiary (including any disposition of Property as part of a sale and leaseback
transaction) aggregating for the Borrower and its Subsidiaries not more than $20,000,000
during any fiscal year of the Borrower, provided that no additional sales, transfers, leases
or other dispositions of Property by the Borrower or any Domestic Subsidiary to any Foreign
Subsidiary shall be permitted pursuant to this clause (f).

     Section 8.11. Maintenance of Subsidiaries. The Borrower shall not assign, sell or transfer,
nor shall it permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock
or other equity interests of a Subsidiary; provided, however, that the foregoing shall not operate
to prevent (a) the issuance, sale, and transfer to any person of any shares of capital stock of a
Subsidiary solely for the purpose of qualifying, and to the extent legally necessary to qualify,
such person as a director of such Subsidiary and (b) any transaction permitted by Section 8.10(c)
above.

     Section 8.12. Dividends and Certain Other Restricted Payments. The Borrower shall not, nor
shall it permit any Subsidiary to, (a) declare or pay any dividends on or make any other
distributions in respect of any class or series of its capital stock or other equity interests or
(b) directly or indirectly purchase, redeem, or otherwise acquire or retire any of its capital
stock or other equity interests or any warrants, options, or similar instruments to acquire the
same; provided, however, that the foregoing shall not operate to prevent (i) the declaration or
payment of dividends or distributions by any Subsidiary to the Borrower or (ii) the declaration or
payment of dividends or distributions on its capital stock or other equity interests by the
Borrower, or the purchase, redemption or other acquisition by the Borrower of its capital stock or
other equity interests or any warrants, options or similar instruments to acquire the same,
provided that no Default or Event of Default exists or would be caused thereby.

     Section 8.13. ERISA. The Borrower shall, and shall cause each Subsidiary to, promptly pay and
discharge all obligations and liabilities arising under ERISA of a character which if unpaid or
unperformed could reasonably be expected to result in the imposition of a Lien against

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any of its Property. The Borrower shall, and shall cause each Subsidiary to, promptly notify the
Administrative Agent and each Lender of: (a) the occurrence of any reportable event (as defined in
ERISA) with respect to a Plan, (b) receipt of any notice from the PBGC of its intention to seek
termination of any Plan or appointment of a trustee therefor, (c) its intention to terminate or
withdraw from any Plan, and (d) the occurrence of any event with respect to any Plan which would
result in the incurrence by the Borrower or any Subsidiary of any liability, fine or penalty, or
any increase in the contingent liability of the Borrower or any Subsidiary with respect to any
post-retirement Welfare Plan benefit which, in any of the cases described in this clause (d), could
reasonably be expected to have a Material Adverse Effect.

     Section 8.14. Compliance with Laws. (a) The Borrower shall, and shall cause each Subsidiary
to, comply in all respects with the requirements of all federal, state, and local laws, rules,
regulations, ordinances and orders applicable to or pertaining to its Property or business
operations, where any such non-compliance, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect or result in a Lien upon any of its Property other than
a Lien permitted pursuant to Section 8.8 hereof.

     (b) Without limiting the agreements set forth in Section 8.14(a) above, the Borrower shall,
and shall cause each Subsidiary to, at all times, do the following to the extent the failure to do
so, individually or in the aggregate, could reasonably be expected to have a Material Adverse
Effect: (i) comply in all material respects with, and maintain each of the Premises in compliance
in all material respects with, all applicable Environmental Laws; (ii) require that each tenant and
subtenant, if any, of any of the Premises or any part thereof comply in all material respects with
all applicable Environmental Laws; (iii) obtain and maintain in full force and effect all material
governmental approvals required by any applicable Environmental Law for operations at each of the
Premises; (iv) cure any material violation by it or at any of the Premises of applicable
Environmental Laws; (v) not allow the presence or operation at any of the Premises of any (1)
landfill or dump or (2) hazardous waste management facility or solid waste disposal facility as
defined pursuant to RCRA or any comparable state law; (vi) not manufacture, use, generate,
transport, treat, store, release, dispose or handle any Hazardous Material at any of the Premises
except in the ordinary course of its business and in compliance with all applicable Environmental
Laws; (vii) within ten (10) Business Days notify the Administrative Agent in writing of and provide
any reasonably requested documents upon learning of any of the following in connection with the
Borrower or any Subsidiary or any of the Premises: (1) any material liability for response or
corrective action, natural resource damage or other harm pursuant to CERCLA, RCRA or any comparable
state law; (2) any material Environmental Claim; (3) any material violation of an Environmental Law
or material Release, threatened Release or disposal of a Hazardous Material; (4) any restriction on
the ownership, occupancy, use or transferability arising pursuant to any (x) Release, threatened
Release or disposal of a Hazardous Material or (y) Environmental Law; or (5) any environmental,
natural resource, health or safety condition, which could reasonably be expected to have a Material
Adverse Effect; (viii) conduct at its expense any investigation, study, sampling, testing,
abatement, cleanup, removal, remediation or other response action necessary to remove, remediate,
clean up or abate any material Release, threatened Release or disposal of a Hazardous Material as
required by any applicable Environmental Law, (ix) abide by and observe any restrictions on the use
of the Premises imposed by any governmental authority as set forth in a deed or other instrument
affecting the

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Borrower’s or any Subsidiary’s interest therein; (x) promptly provide or otherwise make available
to the Administrative Agent any reasonably requested environmental record concerning the Premises
which the Borrower or any Subsidiary possesses or can reasonably obtain; and (xi) perform, satisfy,
and implement any operation or maintenance actions required by any governmental authority or
Environmental Law, or included in any no further action letter or covenant not to sue issued by any
governmental authority under any Environmental Law.

     Section 8.15. Burdensome Contracts With Affiliates. The Borrower shall not, nor shall it
permit any Subsidiary to, enter into any contract, agreement or business arrangement with any of
its Affiliates (other than with Wholly-owned Subsidiaries which are Domestic Subsidiaries) on terms
and conditions which are less favorable to the Borrower or such Subsidiary than would be usual and
customary in similar contracts, agreements or business arrangements between Persons not affiliated
with each other.

     Section 8.16. No Changes in Fiscal Year. The fiscal year of the Borrower and its Subsidiaries
ends on the Saturday closest to September 30 of each year; and the Borrower shall not, nor shall it
permit any Subsidiary to, change its fiscal year from its present basis. The Borrower’s accounting
for its interim period is a “4-4-5” week accounting system for the interim periods in each quarter;
each quarter, therefore, ends on a Saturday at the end of such 4-4-5 week period. All references
in this Agreement or any other Loan Document to a specific date (e.g., March 31, June 30, September
30 or December 31) which are intended to refer to a fiscal quarter or fiscal year-end date shall,
where appropriate in the context, be deemed to refer to the fiscal quarter or fiscal year-end date
of the Borrower nearest to such specified date.

     Section 8.17. Formation of Subsidiaries. Promptly upon the formation or acquisition of any
Subsidiary, the Borrower shall provide the Administrative Agent and the Lenders notice thereof and
timely comply with the requirements of Section 4 hereof (at which time Schedule 6.2 shall be deemed
amended to include reference to such Subsidiary). The Borrower shall not allow Plexus Technology
Group, Limited to have any assets or engage in any business or activity other than entering into a
proceeding to dissolve under applicable law.

     Section 8.18. Change in the Nature of Business. The Borrower shall not, nor shall it permit
any Subsidiary to, engage in any business or activity if as a result the general nature of the
business of the Borrower or any Subsidiary would be changed in any material respect from the
general nature of the business engaged in by it as of the Closing Date.

     Section 8.19. Use of Loan Proceeds. The Borrower shall use the credit extended under this
Agreement solely for the purposes set forth in, or otherwise permitted by, Section 6.4 hereof.

     Section 8.20. No Restrictions. Except as provided herein, the Borrower shall not, nor shall
it permit any Subsidiary to, directly or indirectly create or otherwise cause or suffer to exist or
become effective any consensual encumbrance or restriction of any kind on the ability of the
Borrower or any Subsidiary to: (a) pay dividends or make any other distribution on any
Subsidiary’s capital stock or other equity interests owned by the Borrower or any other Subsidiary,
(b) pay any indebtedness owed to the Borrower or any other Subsidiary, (c) make loans or advances
to the Borrower or any other Subsidiary, (d) transfer any of its Property to the

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Borrower or any other Subsidiary or (e) guarantee the Obligations to the Administrative Agent as
required by the Loan Documents.

     Section 8.21. Financial Covenants. (a) Total Leverage Ratio. As of the last day of each
fiscal quarter of the Borrower, the Borrower shall not permit the Total Leverage Ratio to be
greater than 3.0 to 1.0.

     (b) Net Worth. The Borrower shall, at all times, maintain Net Worth in an amount not less
than the sum of (i) $385,000,000 and (ii) 50% of Net Income (if positive) for each fiscal quarter
of the Borrower ending on or after March 31, 2007 (without deduction for losses).

     (c) Maximum Rentals. The Borrower shall not, nor shall it permit any of its Subsidiaries to,
create, incur or suffer to exist obligations for fixed rentals or other consideration payable under
Operating Leases during any fiscal year in the aggregate for the Borrower and its Subsidiaries in
excess of $35,000,000.

     (d) Minimum Interest Coverage Ratio. As of the last day of each fiscal quarter of the
Borrower, the Borrower shall not permit the Interest Coverage Ratio to be less than 3.50 to 1.0.

Section 9. Events of Default and Remedies.

     Section 9.1. Events of Default. Any one or more of the following shall constitute an “Event
of Default” hereunder:

     (a) default (i) in the payment when due of all or any part of the principal of any Loan
(whether at the stated maturity thereof or at any other time provided for in this Agreement)
or of any Reimbursement Obligation or (ii) for a period of five (5) Business Days in the
payment of any interest or any fee or other Obligation payable hereunder or under any other
Loan Document;

     (b) default in the observance or performance of any covenant set forth in Sections 8.1,
8.5, 8.7, 8.8, 8.9, 8.10, 8.11, 8.12, 8.17, 8.18 or 8.21 hereof or of any provision in any
Loan Document requiring the maintenance of insurance;

     (c) default in the observance or performance of any other provision hereof or of any
other Loan Document which is not remedied within thirty (30) days after the earlier of (i)
the date on which such failure shall first become known to any officer of the Borrower or
(ii) written notice thereof is given to the Borrower by the Administrative Agent;

     (d) any representation or warranty made herein or in any other Loan Document or in any
certificate furnished to the Administrative Agent or the Lenders pursuant hereto or thereto
or in connection with any transaction contemplated hereby or thereby proves untrue in any
material respect as of the date of the issuance or making or deemed making thereof;

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     (e) any event occurs or condition exists (other than those described in subsections (a)
through (d) above) which is specified as an event of default under any of the other Loan
Documents, or any of the Loan Documents shall for any reason not be or shall cease to be in
full force and effect or is declared to be null and void, or any Subsidiary takes any action
for the purpose of terminating, repudiating or rescinding any Loan Document executed by it
or any of its obligations thereunder;

     (f) default shall occur under any Indebtedness for Borrowed Money issued, assumed or
guaranteed by the Borrower or any Subsidiary aggregating in excess of $5,000,000, or under
any indenture, agreement or other instrument under which the same may be issued, and such
default shall continue for a period of time sufficient to permit the acceleration of the
maturity of any such Indebtedness for Borrowed Money (whether or not such maturity is in
fact accelerated), or any such Indebtedness for Borrowed Money shall not be paid when due
(whether by demand, lapse of time, acceleration or otherwise);

     (g) any judgment or judgments, writ or writs or warrant or warrants of attachment, or
any similar process or processes, shall be entered or filed against the Borrower or any
Subsidiary, or against any of its Property, in an aggregate amount in excess of $5,000,000
(except to the extent fully covered by insurance pursuant to which the insurer has accepted
liability therefor in writing), and which remains undischarged, unvacated, unbonded or
unstayed for a period of thirty (30) days;

     (h) the Borrower or any Subsidiary, or any member of its Controlled Group, shall fail
to pay when due an amount or amounts aggregating in excess of $5,000,000 which it shall have
become liable to pay to the PBGC or to a Plan under Title IV of ERISA; or notice of intent
to terminate a Plan or Plans having aggregate Unfunded Vested Liabilities in excess of
$5,000,000 (collectively, a “Material Plan") shall be filed under Title IV of ERISA by the
Borrower or any Subsidiary, or any other member of its Controlled Group, any plan
administrator or any combination of the foregoing; or the PBGC shall institute proceedings
under Title IV of ERISA to terminate or to cause a trustee to be appointed to administer any
Material Plan or a proceeding shall be instituted by a fiduciary of any Material Plan
against the Borrower or any Subsidiary, or any member of its Controlled Group, to enforce
Section 515 or 4219(c)(5) of ERISA and such proceeding shall not have been dismissed within
thirty (30) days thereafter; or a condition shall exist by reason of which the PBGC would be
entitled to obtain a decree adjudicating that any Material Plan must be terminated;

     (i) any Change of Control shall occur;

     (j) the Borrower or any Subsidiary shall (i) have entered involuntarily against it an
order for relief under the United States Bankruptcy Code, as amended, (ii) not pay, or admit
in writing its inability to pay, its debts generally as they become due, (iii) make an
assignment for the benefit of creditors, (iv) apply for, seek, consent to or acquiesce in,
the appointment of a receiver, custodian, trustee, examiner, liquidator or similar official
for it or any substantial part of its Property, (v) institute any proceeding seeking to have

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entered against it an order for relief under the United States Bankruptcy Code, as amended,
to adjudicate it insolvent, or seeking dissolution, winding up, liquidation, reorganization,
arrangement, adjustment or composition of it or its debts under any law relating to
bankruptcy, insolvency or reorganization or relief of debtors or fail to file an answer or
other pleading denying the material allegations of any such proceeding filed against it,
(vi) take any action in furtherance of any matter described in parts (i) through (v) above,
or (vii) fail to contest in good faith any appointment or proceeding described in Section
9.1(k) hereof; or

     (k) a custodian, receiver, trustee, examiner, liquidator or similar official shall be
appointed for the Borrower or any Subsidiary, or any substantial part of any of its
Property, or a proceeding described in Section 9.1(j)(v) shall be instituted against the
Borrower or any Subsidiary, and such appointment continues undischarged or such proceeding
continues undismissed or unstayed for a period of sixty (60) days.

     Section 9.2. Non-Bankruptcy Defaults. When any Event of Default other than those described in
subsection (j) or (k) of Section 9.1 hereof has occurred and is continuing, the Administrative
Agent shall, by written notice to the Borrower: (a) if so directed by the Required Lenders,
terminate the remaining Revolving Credit Commitments and all other obligations of the Lenders
hereunder on the date stated in such notice (which may be the date thereof); (b) if so directed by
the Required Lenders, declare the principal of and the accrued interest on all outstanding Loans to
be forthwith due and payable and thereupon all outstanding Loans, including both principal and
interest thereon, shall be and become immediately due and payable together with all other amounts
payable under the Loan Documents without further demand, presentment, protest or notice of any
kind; and (c) if so directed by the Required Lenders, demand that the Borrower immediately pay to
the Administrative Agent the full amount then available for drawing under each or any Letter of
Credit, and the Borrower agrees to immediately make such payment and acknowledges and agrees that
the Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such
demand and that the Administrative Agent, for the benefit of the Lenders, shall have the right to
require the Borrower to specifically perform such undertaking whether or not any drawings or other
demands for payment have been made under any Letter of Credit. The Administrative Agent, after
giving notice to the Borrower pursuant to Section 9.1(c) or this Section 9.2, shall also promptly
send a copy of such notice to the other Lenders, but the failure to do so shall not impair or annul
the effect of such notice.

     Section 9.3. Bankruptcy Defaults. When any Event of Default described in subsections (j) or
(k) of Section 9.1 hereof has occurred and is continuing, then all outstanding Loans shall
immediately become due and payable together with all other amounts payable under the Loan Documents
without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend
further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower
shall immediately pay to the Administrative Agent the full amount then available for drawing under
all outstanding Letters of Credit, the Borrower acknowledging and agreeing that the Lenders would
not have an adequate remedy at law for failure by the Borrower to honor any such demand and that
the Lenders, and the Administrative Agent on their behalf, shall have the right to require the
Borrower to specifically perform such undertaking

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whether or not any draws or other demands for payment have been made under any of the Letters of
Credit.

     Section 9.4. Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount
available for drawing under any or all outstanding Letters of Credit is required under Section
1.8(b) or under Section 9.2 or 9.3 above, the Borrower shall forthwith pay the amount required to
be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.

     (b) All amounts prepaid pursuant to subsection (a) above shall be held by the Administrative
Agent in one or more separate collateral accounts (each such account, and the credit balances,
properties, and any investments from time to time held therein, and any substitutions for such
account, any certificate of deposit or other instrument evidencing any of the foregoing and all
proceeds of and earnings on any of the foregoing being collectively called the “Collateral
Account") as security for, and for application by the Administrative Agent (to the extent
available) to, the reimbursement of any payment under any Letter of Credit then or thereafter made
by the Administrative Agent, and to the payment of the unpaid balance of any other Obligations.
The Collateral Account shall be held in the name of and subject to the exclusive dominion and
control of the Administrative Agent for the benefit of the Administrative Agent, the Lenders, and
the L/C Issuer. If and when requested by the Borrower, the Administrative Agent shall invest funds
held in the Collateral Account from time to time in direct obligations of, or obligations the
principal of and interest on which are unconditionally guaranteed by, the United States of America
with a remaining maturity of one year or less, provided that the Administrative Agent is
irrevocably authorized to sell investments held in the Collateral Account when and as required to
make payments out of the Collateral Account for application to amounts due and owing from the
Borrower to the L/C Issuer, the Administrative Agent or the Lenders; provided, however, that if (i)
the Borrower shall have made payment of all such obligations referred to in subsection (a) above
and (ii) no Letters of Credit, Revolving Credit Commitments, Loans or other Obligations remain
outstanding hereunder, then the Administrative Agent shall release to the Borrower any remaining
amounts held in the Collateral Account.

     Section 9.5. Notice of Default. The Administrative Agent shall give notice to the Borrower
under Section 9.1(c) hereof promptly upon being requested to do so by any Lender and shall
thereupon notify all the Lenders, including the Swing Lender, thereof.

     Section 9.6. Expenses. The Borrower agrees to pay to the Administrative Agent and each
Lender, and any other holder of any Loan outstanding hereunder, all costs and expenses reasonably
incurred or paid by the Administrative Agent and such Lender or any such holder, including
reasonable attorneys’ fees and court costs, in connection with any Default or Event of Default
hereunder or in connection with the enforcement of any of the Loan Documents (including all such
costs and expenses incurred in connection with any proceeding under the United States Bankruptcy
Code involving the Borrower or any Subsidiary as a debtor thereunder).

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Section 10. Change in Circumstances.

     Section 10.1. Change of Law. Notwithstanding any other provisions of this Agreement or any
Loan Document, if at any time any change in applicable law or regulation or in the interpretation
thereof makes it unlawful for any Lender to make or continue to maintain any Eurodollar Loans or to
perform its obligations as contemplated hereby, such Lender shall promptly give notice thereof to
the Borrower and such Lender’s obligations to make or maintain Eurodollar Loans under this
Agreement shall be suspended until it is no longer unlawful for such Lender to make or maintain
Eurodollar Loans. The Borrower shall prepay on demand the outstanding principal amount of any such
affected Eurodollar Loans, together with all interest accrued thereon and all other amounts then
due and payable to such Lender under this Agreement; provided, however, subject to all of the terms
and conditions of this Agreement, the Borrower may then elect to borrow the principal amount of the
affected Eurodollar Loans from such Lender by means of Base Rate Loans from such Lender, which Base
Rate Loans shall not be made ratably by the Lenders but only from such affected Lender.

     Section 10.2. Unavailability of Deposits or Inability to Ascertain, or Inadequacy of, LIBOR.
If on or prior to the first day of any Interest Period for any Borrowing of Eurodollar Loans:

     (a) the Administrative Agent determines that deposits in U.S. Dollars (in the
applicable amounts) are not being offered to it in the interbank eurodollar market for such
Interest Period, or that by reason of circumstances affecting the interbank eurodollar
market adequate and reasonable means do not exist for ascertaining the applicable LIBOR, or

     (b) the Required Lenders advise the Administrative Agent that (i) LIBOR as determined
by the Administrative Agent will not adequately and fairly reflect the cost to such Lenders
of funding their Eurodollar Loans for such Interest Period or (ii) that the making or
funding of Eurodollar Loans become impracticable,

then the Administrative Agent shall forthwith give notice thereof to the Borrower and the Lenders,
whereupon until the Administrative Agent notifies the Borrower that the circumstances giving rise
to such suspension no longer exist, the obligations of the Lenders to make Eurodollar Loans shall
be suspended.

     Section 10.3. Increased Cost and Reduced Return. (a) If, on or after the date hereof, the
adoption of any applicable law, rule or regulation, or any change therein, or any change in the
interpretation or administration thereof by any governmental authority, central bank or comparable
agency charged with the interpretation or administration thereof, or compliance by any Lender (or
its Lending Office) with any request or directive (whether or not having the force of law) of any
such authority, central bank or comparable agency:

     (i) shall subject any Lender (or its Lending Office) to any tax, duty or other charge
with respect to its Eurodollar Loans, its Notes, its Letter(s) of Credit, or its
participation in any thereof, any Reimbursement Obligations owed to it or its obligation

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to make Eurodollar Loans, issue a Letter of Credit, or to participate therein, or shall
change the basis of taxation of payments to any Lender (or its Lending Office) of the
principal of or interest on its Eurodollar Loans, Letter(s) of Credit, or participations
therein or any other amounts due under this Agreement or any other Loan Document in respect
of its Eurodollar Loans, Letter(s) of Credit, any participation therein, any Reimbursement
Obligations owed to it, or its obligation to make Eurodollar Loans, or issue a Letter of
Credit, or acquire participations therein (except for changes in the rate of tax on the
overall net income of such Lender or its Lending Office imposed by the jurisdiction in which
such Lender’s principal executive office or Lending Office is located); or

     (ii) shall impose, modify or deem applicable any reserve, special deposit or similar
requirement (including, without limitation, any such requirement imposed by the Board of
Governors of the Federal Reserve System, but excluding with respect to any Eurodollar Loans
any such requirement included in an applicable Eurodollar Reserve Percentage) against assets
of, deposits with or for the account of, or credit extended by, any Lender (or its Lending
Office) or shall impose on any Lender (or its Lending Office) or on the interbank market any
other condition affecting its Eurodollar Loans, its Notes, its Letter(s) of Credit, or its
participation in any thereof, any Reimbursement Obligation owed to it, or its obligation to
make Eurodollar Loans, or to issue a Letter of Credit, or to participate therein;

and the result of any of the foregoing is to increase the cost to such Lender (or its Lending
Office) of making or maintaining any Eurodollar Loan, issuing or maintaining a Letter of Credit, or
participating therein, or to reduce the amount of any sum received or receivable by such Lender (or
its Lending Office) under this Agreement or under any other Loan Document with respect thereto, by
an amount deemed by such Lender in good faith to be material, then, within fifteen (15) Business
Days after demand by such Lender (with a copy to the Administrative Agent), the Borrower shall be
obligated to pay to such Lender such additional amount or amounts as will compensate such Lender
for such increased cost or reduction.

     (b) If, after the date hereof, any Lender or the Administrative Agent shall have determined
that the adoption of any applicable law, rule or regulation regarding capital adequacy, or any
change therein, or any change in the interpretation or administration thereof by any governmental
authority, central bank or comparable agency charged with the interpretation or administration
thereof, or compliance by any Lender (or its Lending Office) or any corporation controlling such
Lender with any request or directive regarding capital adequacy (whether or not having the force of
law) of any such authority, central bank or comparable agency, has had the effect of reducing the
rate of return on such Lender’s or such corporation’s capital as a consequence of its obligations
hereunder to a level below that which such Lender or such corporation could have achieved but for
such adoption, change or compliance (taking into consideration such Lender’s or such corporation’s
policies with respect to capital adequacy) by an amount deemed by such Lender to be material, then
from time to time, within fifteen (15) Business Days after demand by such Lender (with a copy to
the Administrative Agent), the Borrower shall pay to such Lender such additional amount or amounts
as will compensate such Lender for such reduction.

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     (c) A certificate of a Lender claiming compensation under this Section 10.3 and setting forth
in reasonable detail the additional amount or amounts to be paid to it hereunder shall be
conclusive if reasonably determined. In determining such amount, such Lender may use any
reasonable averaging and attribution methods.

     Section 10.4. Lending Offices. Each Lender may, at its option, elect to make its Loans
hereunder at the branch, office or affiliate specified on the appropriate signature page hereof
(each a “Lending Office") for each type of Loan available hereunder or at such other of its
branches, offices or affiliates as it may from time to time elect and designate in a written notice
to the Borrower and the Administrative Agent. To the extent reasonably possible, a Lender shall
designate an alternative branch or funding office with respect to its Eurodollar Loans to reduce
any liability of the Borrower to such Lender under Section 10.3 hereof or to avoid the
unavailability of Eurodollar Loans under Section 10.2 hereof, so long as such designation is not
otherwise disadvantageous to the Lender.

     Section 10.5. Discretion of Lender as to Manner of Funding. Notwithstanding any other
provision of this Agreement, each Lender shall be entitled to fund and maintain its funding of all
or any part of its Loans in any manner it sees fit, it being understood, however, that for the
purposes of this Agreement all determinations hereunder with respect to Eurodollar Loans shall be
made as if each Lender had actually funded and maintained each Eurodollar Loan through the purchase
of deposits in the interbank eurodollar market having a maturity corresponding to such Loan’s
Interest Period, and bearing an interest rate equal to LIBOR for such Interest Period.

Section 11. The Administrative Agent.

     Section 11.1. Appointment and Authorization of Administrative Agent. Each Lender hereby
appoints Bank of Montreal as the Administrative Agent under the Loan Documents and hereby
authorizes the Administrative Agent to take such action as Administrative Agent on its behalf and
to exercise such powers under the Loan Documents as are delegated to the Administrative Agent by
the terms thereof, together with such powers as are reasonably incidental thereto. The Lenders
expressly agree that the Administrative Agent is not acting as a fiduciary of the Lenders in
respect of the Loan Documents, the Borrower or otherwise, and nothing herein or in any of the other
Loan Documents shall result in any duties or obligations on the Administrative Agent or any of the
Lenders except as expressly set forth herein.

     Section 11.2. Administrative Agent and its Affiliates. The Administrative Agent shall have
the same rights and powers under this Agreement and the other Loan Documents as any other Lender
and may exercise or refrain from exercising such rights and power as though it were not the
Administrative Agent, and the Administrative Agent and its affiliates may accept deposits from,
lend money to, and generally engage in any kind of business with the Borrower or any Affiliate of
the Borrower as if it were not the Administrative Agent under the Loan Documents. The term
“Lender” as used herein and in all other Loan Documents, unless the context otherwise clearly
requires, includes the Administrative Agent in its individual capacity as a Lender. References in
Section 1 hereof to the Administrative Agent’s Loans, or to the amount owing to the Administrative
Agent for which an interest rate is being determined, refer to the Administrative Agent in its
individual capacity as a Lender.

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     Section 11.3. Action by Administrative Agent. If the Administrative Agent receives from the
Borrower a written notice of an Event of Default pursuant to Section 8.5 hereof, the Administrative
Agent shall promptly give each of the Lenders written notice thereof. The obligations of the
Administrative Agent under the Loan Documents are only those expressly set forth therein. Without
limiting the generality of the foregoing, the Administrative Agent shall not be required to take
any action hereunder with respect to any Default or Event of Default, except as expressly provided
in Sections 9.2 and 9.5. Unless and until the Required Lenders give such direction, the
Administrative Agent may (but shall not be obligated to) take or refrain from taking such actions
as it deems appropriate and in the best interest of all the Lenders. In no event, however, shall
the Administrative Agent be required to take any action in violation of applicable law or of any
provision of any Loan Document, and the Administrative Agent shall in all cases be fully justified
in failing or refusing to act hereunder or under any other Loan Document unless it first receives
any further assurances of its indemnification from the Lenders that it may require, including
prepayment of any related expenses and any other protection it requires against any and all costs,
expense, and liability which may be incurred by it by reason of taking or continuing to take any
such action. The Administrative Agent shall be entitled to assume that no Default or Event of
Default exists unless notified in writing to the contrary by a Lender or the Borrower. In all
cases in which the Loan Documents do not require the Administrative Agent to take specific action,
the Administrative Agent shall be fully justified in using its discretion in failing to take or in
taking any action thereunder. Any instructions of the Required Lenders, or of any other group of
Lenders called for under the specific provisions of the Loan Documents, shall be binding upon all
the Lenders and the holders of the Obligations.

     Section 11.4. Consultation with Experts. The Administrative Agent may consult with legal
counsel, independent public accountants, and other experts selected by it and shall not be liable
for any action taken or omitted to be taken by it in good faith in accordance with the advice of
such counsel, accountants or experts.

     Section 11.5. Liability of Administrative Agent; Credit Decision. Neither the Administrative
Agent nor any of its directors, officers, agents or employees shall be liable for any action taken
or not taken by it in connection with the Loan Documents: (i) with the consent or at the request
of the Required Lenders or (ii) in the absence of its own gross negligence or willful misconduct.
Neither the Administrative Agent nor any of its directors, officers, agents or employees shall be
responsible for or have any duty to ascertain, inquire into or verify: (i) any statement, warranty
or representation made in connection with this Agreement, any other Loan Document or any Credit
Event; (ii) the performance or observance of any of the covenants or agreements of the Borrower or
any Subsidiary contained herein or in any other Loan Document; (iii) the satisfaction of any
condition specified in Section 7 hereof, except receipt of items required to be delivered to the
Administrative Agent; or (iv) the validity, effectiveness, genuineness, enforceability, perfection,
value, worth or collectibility hereof or of any other Loan Document or of any other documents or
writing furnished in connection with any Loan Document; and the Administrative Agent makes no
representation of any kind or character with respect to any such matter mentioned in this sentence.
The Administrative Agent may execute any of its duties under any of the Loan Documents by or
through employees, agents, and attorneys-in-fact and shall not be answerable to the Lenders, the
Borrower, or any other Person for the default or misconduct of any such agents or attorneys-in-fact
selected with reasonable

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care. The Administrative Agent shall not incur any liability by acting in reliance upon any
notice, consent, certificate, other document or statement (whether written or oral) believed by it
to be genuine or to be sent by the proper party or parties. In particular and without limiting any
of the foregoing, the Administrative Agent shall have no responsibility for confirming the accuracy
of any compliance certificate or other document or instrument received by it under the Loan
Documents. The Administrative Agent may treat the payee of any Obligation as the holder thereof
until written notice of transfer shall have been filed with the Administrative Agent signed by such
payee in form satisfactory to the Administrative Agent. Each Lender acknowledges that it has
independently and without reliance on the Administrative Agent or any other Lender, and based upon
such information, investigations and inquiries as it deems appropriate, made its own credit
analysis and decision to extend credit to the Borrower in the manner set forth in the Loan
Documents. It shall be the responsibility of each Lender to keep itself informed as to the
creditworthiness of the Borrower and its Subsidiaries, and the Administrative Agent shall have no
liability to any Lender with respect thereto.

     Section 11.6. Indemnity. The Lenders shall ratably, in accordance with their respective
Percentages, indemnify and hold the Administrative Agent, and its directors, officers, employees,
agents, and representatives harmless from and against any liabilities, losses, costs or expenses
suffered or incurred by it under any Loan Document or in connection with the transactions
contemplated thereby, regardless of when asserted or arising, except to the extent they are
promptly reimbursed for the same by the Borrower and except to the extent that any event giving
rise to a claim was caused by the gross negligence or willful misconduct of the party seeking to be
indemnified. The obligations of the Lenders under this Section shall survive termination of this
Agreement. The Administrative Agent shall be entitled to offset amounts received for the account
of a Lender under this Agreement against unpaid amounts due from such Lender to the Administrative
Agent hereunder (whether as fundings of participations, indemnities or otherwise), but shall not be
entitled to offset against amounts owed to the Administrative Agent by any Lender arising outside
of this Agreement and the other Loan Documents.

     Section 11.7. Resignation of Administrative Agent and Successor Administrative Agent. The
Administrative Agent may resign at any time by giving written notice thereof to the Lenders and the
Borrower. Upon any such resignation of the Administrative Agent, the Required Lenders shall have
the right to appoint a successor Administrative Agent. If no successor Administrative Agent shall
have been so appointed by the Required Lenders, and shall have accepted such appointment, within
thirty (30) days after the retiring Administrative Agent’s giving of notice of resignation then the
retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative
Agent, which may be any Lender hereunder or any commercial bank organized under the laws of the
United States of America or of any State thereof and having a combined capital and surplus of at
least $200,000,000. Upon the acceptance of its appointment as the Administrative Agent hereunder,
such successor Administrative Agent shall thereupon succeed to and become vested with all the
rights and duties of the retiring Administrative Agent under the Loan Documents, and the retiring
Administrative Agent shall be discharged from its duties and obligations thereunder. After any
retiring Administrative Agent’s resignation hereunder as Administrative Agent, the provisions of
this Section 11 and all protective provisions of the other Loan Documents shall inure to its

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benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent, but
no successor Administrative Agent shall in any event be liable or responsible for any actions of
its predecessor. If the Administrative Agent resigns and no successor is appointed, the rights and
obligations of such Administrative Agent shall be automatically assumed by the Required Lenders and
the Borrower shall be directed to make all payments due each Lender hereunder directly to such
Lender.

     Section 11.8. L/C Issuer and Swing Lender. 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
Swing Lender shall act on behalf of the Lenders with respect to any Swing Loans made hereunder.
The L/C Issuer and the Swing Lender shall have all of the benefits and immunities (i) provided to
the Administrative Agent in this Section 11 with respect to any acts taken or omissions suffered by
the L/C Issuer or Swing Lender in connection with Letters of Credit issued by it or proposed to be
issued by it and the Applications pertaining to such Letters of Credit or Swing Loans made
hereunder as fully as if the term “Administrative Agent”, as used in this Section 11, included the
L/C Issuer and Swing Lender with respect to such acts or omissions and (ii) as additionally
provided in this Agreement with respect to such L/C Issuer or Swing Lender, as applicable.

     Section 11.9. Hedging Liability and Funds Transfer and Deposit Account Liability Arrangements.
By virtue of a Lender’s execution of this Agreement or an assignment agreement pursuant to Section
13.12 hereof, as the case may be, any Affiliate of such Lender with whom the Borrower or any
Subsidiary has entered into an agreement creating Hedging Liability or Funds Transfer and Deposit
Account Liability shall be deemed a Lender party hereto for purposes of any reference in a Loan
Document to the parties for whom the Administrative Agent is acting, it being understood and agreed
that the rights and benefits of such Affiliate under the Loan Documents consist exclusively of such
Affiliate’s right to share in the Guaranties as more fully set forth in Section 3.1 hereof. In
connection with any such distribution of payments and collections, the Administrative Agent shall
be entitled to assume no amounts are due to any Lender or its Affiliate with respect to Hedging
Liability or Funds Transfer and Deposit Account Liability unless such Lender has notified the
Administrative Agent in writing of the amount of any such liability owed to it or its Affiliate
prior to such distribution.

     Section 11.10. Designation of Additional Agents. The Administrative Agent shall have the
continuing right, for purposes hereof, at any time and from time to time to designate one or more
of the Lenders (and/or its or their Affiliates) as “syndication agents,” “documentation agents,”
“arrangers,” or other designations for purposes hereto, but such designation shall have no
substantive effect, and such Lenders and their Affiliates shall have no additional powers, duties
or responsibilities as a result thereof.

Section 12. The Guarantees.

     Section 12.1. The Guarantees. To induce the Lenders to provide the credits described herein
and in consideration of benefits expected to accrue to the Borrower by reason of the Revolving
Credit Commitments and for other good and valuable consideration, receipt of which is hereby
acknowledged, each of the Borrower and each Subsidiary party hereto (including any

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Subsidiary formed or acquired after the Closing Date executing an Additional Guarantor Supplement
in the form attached hereto as Exhibit F or such other form acceptable to the Administrative Agent)
hereby unconditionally and irrevocably guarantees jointly and severally to the Administrative
Agent, the Lenders, and their Affiliates, the due and punctual payment of all present and future
Obligations, Hedging Liability, and Funds Transfer and Deposit Account Liability, including, but
not limited to, the due and punctual payment of principal of and interest on the Loans, the
Reimbursement Obligations, and the due and punctual payment of all other Obligations now or
hereafter owed by the Borrower under the Loan Documents and the due and punctual payment of all
Hedging Liability and Funds Transfer and Deposit Account Liability, in each case as and when the
same shall become due and payable, whether at stated maturity, by acceleration, or otherwise,
according to the terms hereof and thereof (including interest which, but for the filing of a
petition in bankruptcy, would otherwise accrue on any such indebtedness, obligation, or liability),
provided that no Guarantor shall be understood to guarantee pursuant to this Section 12 the payment
of any Obligations, Hedging Liability or Funds Transfer and Deposit Account Liability with respect
to which it is the primary obligor. In case of failure by the Borrower or other obligor punctually
to pay any Obligations, Hedging Liability, or Funds Transfer and Deposit Account Liability
guaranteed hereby, each Guarantor hereby unconditionally agrees to make such payment or to cause
such payment to be made punctually as and when the same shall become due and payable, whether at
stated maturity, by acceleration, or otherwise, and as if such payment were made by the Borrower or
such obligor.

     Section 12.2. Guarantee Unconditional. The obligations of each Guarantor under this Section
12 shall be unconditional and absolute and, without limiting the generality of the foregoing, shall
not be released, discharged, or otherwise affected by:

     (a) any extension, renewal, settlement, compromise, waiver, or release in respect of
any obligation of the Borrower or other obligor or of any other guarantor under this
Agreement or any other Loan Document or by operation of law or otherwise;

     (b) any modification or amendment of or supplement to this Agreement or any other Loan
Document or any agreement relating to Hedging Liability or Funds Transfer and Deposit
Account Liability;

     (c) any change in the corporate existence, structure, or ownership of, or any
insolvency, bankruptcy, reorganization, or other similar proceeding affecting the Borrower
or other obligor, any other guarantor, or any of their respective assets, or any resulting
release or discharge of any obligation of the Borrower or other obligor or of any other
guarantor contained in any Loan Document;

     (d) the existence of any claim, set-off, or other rights which the Borrower or other
obligor or any other guarantor may have at any time against the Administrative Agent, any
Lender, or any other Person, whether or not arising in connection herewith;

     (e) any failure to assert, or any assertion of, any claim or demand or any exercise of,
or failure to exercise, any rights or remedies against the Borrower or other obligor, any
other guarantor, or any other Person or Property;

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     (f) any application of any sums by whomsoever paid or howsoever realized to any
obligation of the Borrower or other obligor, regardless of what obligations of the Borrower
or other obligor remain unpaid;

     (g) any invalidity or unenforceability relating to or against the Borrower or other
obligor or any other guarantor for any reason of this Agreement or of any other Loan
Document or any agreement relating to Hedging Liability or Funds Transfer and Deposit
Account Liability or any provision of applicable law or regulation purporting to prohibit
the payment by the Borrower or other obligor or any other guarantor of the principal of or
interest on any Note or any Reimbursement Obligation or any other amount payable under the
Loan Documents or any agreement relating to Hedging Liability or Funds Transfer and Deposit
Account Liability; or

     (h) any other act or omission to act or delay of any kind by the Administrative Agent,
any Lender, or any other Person or any other circumstance whatsoever that might, but for the
provisions of this paragraph, constitute a legal or equitable discharge of the obligations
of any Guarantor under this Section 12.

     Section 12.3. Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances.
Each Guarantor’s obligations under this Section 12 shall remain in full force and effect until the
Revolving Credit Commitments are terminated, all Letters of Credit have expired, and the principal
of and interest on the Notes and all other amounts payable by the Borrower and the Guarantors under
this Agreement and all other Loan Documents and, if then outstanding and unpaid, all Hedging
Liability and Funds Transfer and Deposit Account Liability shall have been paid in full. If at any
time any payment of the principal of or interest on any Note or any Reimbursement Obligation or any
other amount payable by the Borrower or other obligor or any Guarantor under the Loan Documents or
any agreement relating to Hedging Liability or Funds Transfer and Deposit Account Liability is
rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy, or
reorganization of the Borrower or other obligor or of any guarantor, or otherwise, each Guarantor’s
obligations under this Section 12 with respect to such payment shall be reinstated at such time as
though such payment had become due but had not been made at such time.

     Section 12.4. Subrogation. Each Guarantor agrees it will not exercise any rights which it may
acquire by way of subrogation by any payment made hereunder, or otherwise, until all the
Obligations, Hedging Liability, and Funds Transfer and Deposit Account Liability shall have been
paid in full subsequent to the termination of all the Revolving Credit Commitments and expiration
of all Letters of Credit. If any amount shall be paid to a Guarantor on account of such
subrogation rights at any time prior to the later of (x) the payment in full of the Obligations,
Hedging Liability, and Funds Transfer and Deposit Account Liability and all other amounts payable
by the Borrower hereunder and the other Loan Documents and (y) the termination of the Revolving
Credit Commitments and expiration of all Letters of Credit, such amount shall be held in trust for
the benefit of the Administrative Agent and the Lenders (and their Affiliates) and shall forthwith
be paid to the Administrative Agent for the benefit of the Lenders (and their Affiliates) or be
credited and applied upon the Obligations, Hedging Liability, and Funds

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Transfer and Deposit Account Liability, whether matured or unmatured, in accordance with the
terms of this Agreement.

     Section 12.5. Waivers. Each Guarantor irrevocably waives acceptance hereof, presentment,
demand, protest, and any notice not provided for herein, as well as any requirement that at any
time any action be taken by the Administrative Agent, any Lender, or any other Person against the
Borrower or other obligor, another guarantor, or any other Person.

     Section 12.6. Limit on Recovery. Notwithstanding any other provision hereof, the right of
recovery against each Guarantor under this Section 12 shall not exceed $1.00 less than the lowest
amount which would render such Guarantor’s obligations under this Section 12 void or voidable under
applicable law, including, without limitation, fraudulent conveyance law.

     Section 12.7. Stay of Acceleration. If acceleration of the time for payment of any amount
payable by the Borrower or other obligor under this Agreement or any other Loan Document, or under
any agreement relating to Hedging Liability or Funds Transfer and Deposit Account Liability, is
stayed upon the insolvency, bankruptcy or reorganization of the Borrower or such obligor, all such
amounts otherwise subject to acceleration under the terms of this Agreement or the other Loan
Documents, or under any agreement relating to Hedging Liability or Funds Transfer and Deposit
Account Liability, shall nonetheless be payable by the Guarantors hereunder forthwith on demand by
the Administrative Agent made at the request of the Required Lenders.

     Section 12.8. Benefit to Guarantors. The Borrower and the other Guarantors are engaged in
related businesses and integrated to such an extent that the financial strength and flexibility of
the Borrower has a direct impact on the success of each other Guarantor. Each Guarantor will
derive substantial direct and indirect benefit from the extensions of credit hereunder.

     Section 12.9. Guarantor Covenants. Each Guarantor shall take such action as the Borrower is
required by this Agreement to cause such Guarantor to take, and shall refrain from taking such
action as the Borrower is required by this Agreement to prohibit such Guarantor from taking.

Section 13. Miscellaneous.

     Section 13.1. Withholding Taxes. (a) Payments Free of Withholding. Except as otherwise
required by law and subject to Section 13.1(b) hereof, each payment by the Borrower and the other
Guarantors under this Agreement or the other Loan Documents shall be made without withholding for
or on account of any present or future taxes (other than overall net income taxes on the recipient)
imposed by or within the jurisdiction in which the Borrower or such other
Guarantor is domiciled, any jurisdiction from which the Borrower or such other Guarantor makes any
payment, or (in each case) any political subdivision or taxing authority thereof or therein. If
any such withholding is so required, the Borrower or such other Guarantor shall make the
withholding, pay the amount withheld to the appropriate governmental authority before penalties
attach thereto or interest accrues thereon, and forthwith pay such additional amount as may be
necessary to ensure that the net amount actually received by each Lender and

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the Administrative Agent free and clear of such taxes (including such taxes on such additional amount) is equal to the
amount which that Lender or the Administrative Agent (as the case may be) would have received had
such withholding not been made. If the Administrative Agent or any Lender pays any amount in
respect of any such taxes, penalties or interest, the Borrower or such other Guarantor shall
reimburse the Administrative Agent or such Lender for that payment on demand in the currency in
which such payment was made. If the Borrower or such other Guarantor pays any such taxes,
penalties or interest, it shall deliver official tax receipts evidencing that payment or certified
copies thereof to the Lender or Administrative Agent on whose account such withholding was made
(with a copy to the Administrative Agent if not the recipient of the original) on or before the
thirtieth day after payment.

     (b) U.S. Withholding Tax Exemptions. Each Lender that is not a United States person (as such
term is defined in Section 7701(a)(30) of the Code) shall submit to the Borrower and the
Administrative Agent on or before the date the initial Credit Event is made hereunder or, if later,
the date such financial institution becomes a Lender hereunder, two duly completed and signed
copies of (i) either Form W-8 BEN (relating to such Lender and entitling it to a complete exemption
from withholding under the Code on all amounts to be received by such Lender, including fees,
pursuant to the Loan Documents and the Obligations) or Form W-8 ECI (relating to all amounts to be
received by such Lender, including fees, pursuant to the Loan Documents and the Obligations) of the
United States Internal Revenue Service or (ii) solely if such Lender is claiming exemption from
United States withholding tax under Section 871(h) or 881(c) of the Code with respect to payments
of “portfolio interest”, a Form W-8 BEN, or any successor form prescribed by the Internal Revenue
Service, and a certificate representing that such Lender is not a bank for purposes of Section
881(c) of the Code, is not a 10-percent shareholder (within the meaning of Section 871(h)(3)(B) of
the Code) of the Borrower and is not a controlled foreign corporation related to the Borrower
(within the meaning of Section 864(d)(4) of the Code). Thereafter and from time to time, each
Lender shall submit to the Borrower and the Administrative Agent such additional duly completed and
signed copies of one or the other of such Forms (or such successor forms as shall be adopted from
time to time by the relevant United States taxing authorities) and such other certificates as may
be (i) requested by the Borrower in a written notice, directly or through the Administrative Agent,
to such Lender and (ii) required under then-current United States law or regulations to avoid or
reduce United States withholding taxes on payments in respect of all amounts to be received by such
Lender, including fees, pursuant to the Loan Documents or the Obligations. Upon the request of the
Borrower or the Administrative Agent, each Lender that is a United States person (as such term is
defined in Section 7701(a)(30) of the Code) shall submit to the Borrower and the Administrative
Agent a certificate to the effect that it is such a United States person.

     (c) Inability of Lender to Submit Forms. If any Lender determines, as a result of any change
in applicable law, regulation or treaty, or in any official application or interpretation thereof,
that it is unable to submit to the Borrower or the Administrative Agent any form or certificate
that such Lender is obligated to submit pursuant to subsection (b) of this Section 13.1 or that
such Lender is required to withdraw or cancel any such form or certificate previously submitted or
any such form or certificate otherwise becomes ineffective or inaccurate, such Lender shall
promptly notify the Borrower and Administrative Agent of such fact and the Lender

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shall to that extent not be obligated to provide any such form or certificate and will be entitled to withdraw or
cancel any affected form or certificate, as applicable.

     Section 13.2. No Waiver, Cumulative Remedies. No delay or failure on the part of the
Administrative Agent or any Lender or on the part of the holder or holders of any of the
Obligations in the exercise of any power or right under any Loan Document shall operate as a waiver
thereof or as an acquiescence in any default, nor shall any single or partial exercise of any power
or right preclude any other or further exercise thereof or the exercise of any other power or
right. The rights and remedies hereunder of the Administrative Agent, the Lenders and of the
holder or holders of any of the Obligations are cumulative to, and not exclusive of, any rights or
remedies which any of them would otherwise have.

     Section 13.3. Non-Business Days. If any payment hereunder becomes due and payable on a day
which is not a Business Day, the due date of such payment shall be extended to the next succeeding
Business Day on which date such payment shall be due and payable. In the case of any payment of
principal falling due on a day which is not a Business Day, interest on such principal amount shall
continue to accrue during such extension at the rate per annum then in effect, which accrued amount
shall be due and payable on the next scheduled date for the payment of interest.

     Section 13.4. Documentary Taxes. The Borrower agrees to pay on demand any documentary, stamp
or similar taxes payable in respect of this Agreement or any other Loan Document, including
interest and penalties, in the event any such taxes are assessed, irrespective of when such
assessment is made and whether or not any credit is then in use or available hereunder.

     Section 13.5. Survival of Representations. All representations and warranties made herein or
in any other Loan Document or in certificates given pursuant hereto or thereto shall survive the
execution and delivery of this Agreement and the other Loan Documents, and shall continue in full
force and effect with respect to the date as of which they were made as long as any credit is in
use or available hereunder.

     Section 13.6. Survival of Indemnities. All indemnities and other provisions relative to
reimbursement to the Lenders of amounts sufficient to protect the yield of the Lenders with respect to the Loans and
Letters of Credit, including, but not limited to, Sections 1.11, 10.3, and 13.15 hereof, shall
survive the termination of this Agreement and the other Loan Documents and the payment of the
Obligations.

     Section 13.7. Sharing of Set-Off. Each Lender agrees with each other Lender a party hereto
that if such Lender shall receive and retain any payment, whether by set-off or application of
deposit balances or otherwise, on any of the Loans or Reimbursement Obligations in excess of its
ratable share of payments on all such Obligations then outstanding to the Lenders, then such Lender
shall purchase for cash at face value, but without recourse, ratably from each of the other Lenders
such amount of the Loans or Reimbursement Obligations, or participations therein, held by each such
other Lenders (or interest therein) as shall be necessary to cause such Lender to share such excess
payment ratably with all the other Lenders; provided, however, that if any such

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purchase is made by any Lender, and if such excess payment or part thereof is thereafter recovered from such purchasing
Lender, the related purchases from the other Lenders shall be rescinded ratably and the purchase
price restored as to the portion of such excess payment so recovered, but without interest. For
purposes of this Section, amounts owed to or recovered by the L/C Issuer in connection with
Reimbursement Obligations in which Lenders have been required to fund their participation shall be
treated as amounts owed to or recovered by the L/C Issuer as a Lender hereunder.

     Section 13.8. Notices. Except as otherwise specified herein, all notices hereunder and under
the other Loan Documents shall be in writing (including, without limitation, notice by telecopy)
and shall be given to the relevant party at its address or telecopier number set forth below, or
such other address or telecopier number as such party may hereafter specify by notice to the
Administrative Agent and the Borrower given by courier, by United States certified or registered
mail, by telecopy or by other telecommunication device capable of creating a written record of such
notice and its receipt. Notices under the Loan Documents to the Lenders, L/C Issuer, Swing Lender
and the Administrative Agent shall be addressed to their respective addresses or telecopier numbers
set forth on its Administrative Questionnaire, and to the Borrower or any other Guarantor to:

Plexus Corp.

55 Jewelers Park Drive

P.O. Box 156

Neenah, Wisconsin 54957-0156

Attention: Mr. George W.F. Setton

Telephone: (920) 751-5656

Telecopy: (920) 751-5395

With a copy to:

Attention: Angelo M. Ninivaggi (same address as above)

Telephone: (920) 751-3524

Telecopy: (920) 751-5395

Each such notice, request or other communication shall be effective (i) if given by telecopier,
when such telecopy is transmitted to the telecopier number specified in this Section or in the
relevant Administrative Questionnaire and a confirmation of such telecopy has been received by the
sender, (ii) if given by mail, five (5) days after such communication is deposited in the mail,
certified or registered with return receipt requested, addressed as aforesaid or (iii) if given by
any other means, when delivered at the addresses specified in this Section or in the relevant
Administrative Questionnaire; provided that any notice given pursuant to Section 1 hereof shall be
effective only upon receipt.

     Section 13.9. Counterparts. This Agreement may be executed in any number of counterparts, and
by the different parties hereto on separate counterpart signature pages, and all such counterparts
taken together shall be deemed to constitute one and the same instrument.

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     Section 13.10. Successors and Assigns. This Agreement shall be binding upon the Borrower and
the other Guarantors and their successors and assigns, and shall inure to the benefit of the
Administrative Agent and each of the Lenders and the benefit of their respective successors and
assigns, including any subsequent holder of any of the Obligations. The Borrower and the other
Guarantors may not assign any of their rights or obligations under any Loan Document without the
written consent of all of the Lenders.

     Section 13.11. Participants. Each Lender shall have the right at its own cost to grant
participations (to be evidenced by one or more agreements or certificates of participation) in the
Loans made and Reimbursement Obligations and/or Revolving Credit Commitments held by such Lender at
any time and from time to time to one or more other Persons (other than any Person which is a
direct competitor of the Borrower or one of its Subsidiaries); provided that no such participation
shall relieve any Lender of any of its obligations under this Agreement, and, provided, further
that no such participant shall have any rights under this Agreement except as provided in this
Section, and the Administrative Agent shall have no obligation or responsibility to such
participant. Any agreement pursuant to which such participation is granted shall provide that the
granting Lender shall retain the sole right and responsibility to enforce the obligations of the
Borrower under this Agreement and the other Loan Documents including, without limitation, the right
to approve any amendment, modification or waiver of any provision of the Loan Documents, except
that such agreement may provide that such Lender will not agree to any modification, amendment or
waiver of the Loan Documents that would reduce the amount of or postpone any fixed date for payment
of any Obligation in which such participant has an interest. Any party to which such a participation has been granted shall have the benefits of
Section 1.10 and Section 10.3 hereof. The Borrower authorizes each Lender to disclose to any
participant or prospective participant under this Section any financial or other information
pertaining to the Borrower or any Subsidiary, provided that such participant or prospective
participant shall have agreed to keep such information confidential pursuant to the terms of
Section 13.23 hereof.

     Section 13.12. Assignments. (a) Any Lender may at any time assign to one or more Eligible
Assignees all or a portion of such Lender’s rights and obligations under this Agreement (including
all or a portion of its Commitment and the Loans 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 Revolving Credit Commitment and the Loans and participation interest in L/C
Obligations 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 (a)(i)(A) of this Section, the aggregate amount of the Commitment (which for this
purpose includes Loans and participation interest in L/C Obligations outstanding thereunder) or, if
the applicable Commitment is not then in effect, the principal outstanding balance of the Loans and
participation interest in L/C Obligations of the assigning Lender subject to each such assignment
(determined as of the date the Assignment and Acceptance with respect to such assignment is
delivered to the Administrative Agent or, if “Effective Date” is specified in the Assignment and
Acceptance, as of the Effective Date) shall not be less than $5,000,000, in the case of any
assignment in respect of the Revolving Credit unless each of the Administrative Agent and, so long
as no Event of Default has occurred and is

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continuing, the Borrower otherwise consents (such
consent not to be unreasonably withheld or delayed);

     (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 Loan or the Commitment assigned, except that this clause (ii) shall not prohibit any
Lender from assigning all or a portion of its rights and obligations among separate Credits on a
non-pro rata basis.

     (iii) Required Consents. No consent shall be required for any assignment except to the extent
required by Section 13.12(a)(i)(B) and, in addition:

     (a) the consent of the Borrower (such consent not to be unreasonably withheld or
delayed) shall be required unless (x) an Event of Default has occurred and is continuing at
the time of such assignment or (y) 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 assignments in respect of (i) the Revolving Credit if such assignment is to a Person that is not a Lender with a
Commitment in respect of such facility, an Affiliate of such Lender or an Approved Fund
with respect to such Lender;

     (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); and

     (d) the consent of the Swing Lender (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 Swing Loans (whether or not then outstanding).

     (iv) Assignment and Acceptance. The parties to each assignment shall execute and deliver to
the Administrative Agent an Assignment and Acceptance, together with a processing and recordation
fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent
an Administrative Questionnaire.

     (v) No Assignment to Borrower or Parent. No such assignment shall be made to the Borrower or
any of its Affiliates or Subsidiaries.

     (vi) No Assignment to Natural Persons. No such assignment shall be made to a natural person.

Subject to acceptance and recording thereof by the Administrative Agent pursuant to Section
13.12(b) hereof, from and after the effective date specified in each Assignment and

-66-

 

Acceptance, the
assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned
by such Assignment and Acceptance, have the rights and obligations of a Lender under this
Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by
such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the
case of an Assignment and Acceptance covering all of the assigning Lender’s rights and obligations
under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be
entitled to the benefits of Sections 13.6 and 13.15 with respect to facts and circumstances
occurring prior to the effective date of such assignment. Any assignment or transfer by a Lender
of rights or obligations under this Agreement that does not comply with this Section 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 Section 13.11 hereof.

     (b) Register. The Administrative Agent, acting solely for this purpose as an agent of the
Borrower, shall maintain at one of its offices in Chicago, Illinois, a copy of each Assignment and
Acceptance delivered to it and a register for the recordation of the names and addresses of the
Lenders, and the commitments of, and principal amounts of the Loans owing to, each Lender pursuant
to the terms hereof from time to time (the “Register"). The entries in the Register shall be
conclusive absent manifest error, and 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. The Register shall be available for
inspection by the Borrower and any Lender, at any reasonable time and from time to time upon
reasonable prior notice.

     (c) Any Lender may at any time pledge or grant a security interest in all or any portion of
its rights under this Agreement to secure obligations of such Lender, including any such pledge or
grant to a Federal Reserve Bank, and this Section shall not apply to any such pledge or grant of a
security interest; provided that no such pledge or grant of a security interest shall release a
Lender from any of its obligations hereunder or substitute any such pledgee or secured party for
such Lender as a party hereto; provided further, however, the right of any such pledgee or grantee
(other than any Federal Reserve Bank) to further transfer all or any portion of the rights pledged
or granted to it, whether by means of foreclosure or otherwise, shall be at all times subject to
the terms of this Agreement.

     (d) Notwithstanding anything to the contrary herein, if at any time the Swing Lender assigns
all of its Revolving Loan Commitments and Revolving Loans pursuant to subsection (a) above, the
Swing Lender may terminate the Swing Line. In the event of such termination of the Swing Line, the
Borrower shall be entitled to appoint another Lender to act as the successor Swing Lender hereunder
(with such Lender’s consent); provided, however, that the failure of the Borrower to appoint a
successor shall not affect the resignation of the Swing Lender. If the Swing Lender terminates the
Swing Line, it shall retain all of the rights of the Swing Lender provided hereunder with respect
to Swing Loans made by it and outstanding as of the effective date of such termination, including
the right to require Lenders to make Revolving Loans or fund participations in outstanding Swing
Loans pursuant to Section 1.14 hereof.

     Section 13.13. Amendments. Any provision of this Agreement or the other Loan Documents may be
amended or waived if, but only if, such amendment or waiver is in writing

-67-

 

and is signed by (a) the
Borrower, (b) the Required Lenders, and (c) if the rights or duties of the Administrative Agent,
the L/C Issuer or Swing Lender are affected thereby, the Administrative Agent, such L/C Issuer or
Swing Lender, as applicable; provided that:

     (i) no amendment or waiver pursuant to this Section 13.13 shall (A) increase any
Revolving Credit Commitment of any Lender without the consent of such Lender or (B) reduce
the amount of or postpone the date for any scheduled payment of any principal of or
interest on any Loan or of any Reimbursement Obligation or of any fee payable hereunder
without the consent of the Lender to which such payment is owing or which has committed to
make such Loan or Letter of Credit (or participate therein) hereunder;

     (ii) no amendment or waiver pursuant to this Section 13.13 shall, unless signed by
each Lender, change the definitions of Revolving Credit
Termination Date or Required Lenders, change the provisions of this Section 13.13, release
any material guarantor (except as otherwise provided for in the Loan Documents), or affect
the number of Lenders required to take any action hereunder or under any other Loan
Document; and

     (iii) no amendment to Section 12 hereof shall be made without the consent of the
Guarantor(s) affected thereby.

     Section 13.14. Headings. Section headings used in this Agreement are for reference only and
shall not affect the construction of this Agreement.

     Section 13.15. Costs and Expenses; Indemnification. (a) The Borrower agrees to pay all costs
and expenses of the Administrative Agent in connection with the preparation, negotiation,
syndication, and administration of the Loan Documents, including, without limitation, the
reasonable fees and disbursements of counsel to the Administrative Agent, in connection with the
preparation and execution of the Loan Documents, and any amendment, waiver or consent related
thereto, whether or not the transactions contemplated herein are consummated, together with any
fees and charges suffered or incurred by the Administrative Agent in connection with lien searches.
The Borrower further agrees to indemnify the Administrative Agent, each Lender, and their
respective directors, officers, employees, agents, financial advisors, and consultants against all
losses, claims, damages, penalties, judgments, liabilities and expenses (including, without
limitation, all reasonable expenses of litigation or preparation therefor, whether or not the
indemnified Person is a party thereto, or any settlement arrangement arising from or relating to
any such litigation) which any of them may pay or incur arising out of or relating to any Loan
Document or any of the transactions contemplated thereby or the direct or indirect application or
proposed application of the proceeds of any Loan or Letter of Credit, other than those which arise
from the gross negligence or willful misconduct of the party claiming indemnification. The
Borrower, upon demand by the Administrative Agent or a Lender at any time (which demand shall be
accompanied by a statement setting forth the basis for a claim in reasonable detail), shall
reimburse the Administrative Agent or such Lender for any legal or other expenses incurred in
connection with investigating or defending against any of the foregoing (including any settlement
costs relating to the foregoing) except if the same is directly due to the gross

-68-

 

negligence or
willful misconduct of the party to be indemnified. The obligations of the Borrower under this
Section shall survive the termination of this Agreement.

     Section 13.16. Set-off. In addition to any rights now or hereafter granted under applicable
law and not by way of limitation of any such rights, upon the occurrence and during the continuance
of any Event of Default, each Lender and each subsequent holder of any Obligation is hereby
authorized by the Borrower and each other Guarantor at any time or from time to time, without
notice to the Borrower or such Guarantor or to any other Person, any such notice being hereby
expressly waived, to set-off and to appropriate and to apply any and all deposits (general
or special, including, but not limited to, indebtedness evidenced by certificates of deposit,
whether matured or unmatured, but not including trust accounts, and in whatever currency
denominated) and any other indebtedness at any time held or owing by that Lender or that subsequent
holder to or for the credit or the account of the Borrower or such Guarantor, whether or not
matured, against and on account of the Obligations of the Borrower or such Guarantor to that Lender
or that subsequent holder under the Loan Documents, including, but not limited to, all claims of
any nature or description arising out of or connected with the Loan Documents, irrespective of
whether or not (a) that Lender or that subsequent holder shall have made any demand hereunder or
(b) the principal of or the interest on the Loans or Notes and other amounts due hereunder shall
have become due and payable pursuant to Section 9 and although said obligations and liabilities, or
any of them, may be contingent or unmatured.

     Section 13.17. Entire Agreement. The Loan Documents constitute the entire understanding of
the parties thereto with respect to the subject matter thereof and any prior agreements, whether
written or oral, with respect thereto are superseded hereby.

     Section 13.18. Governing Law. This Agreement and the other Loan Documents (except as
otherwise specified therein), and the rights and duties of the parties hereto, shall be construed
and determined in accordance with the internal laws of the State of Illinois.

     Section 13.19. Severability of Provisions. Any provision of any Loan Document which is
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such unenforceability without invalidating the remaining provisions hereof or affecting the
validity or enforceability of such provision in any other jurisdiction. All rights, remedies and
powers provided in this Agreement and the other Loan Documents may be exercised only to the extent
that the exercise thereof does not violate any applicable mandatory provisions of law, and all the
provisions of this Agreement and other Loan Documents are intended to be subject to all applicable
mandatory provisions of law which may be controlling and to be limited to the extent necessary so
that they will not render this Agreement or the other Loan Documents invalid or unenforceable.

     Section 13.20. Excess Interest. Notwithstanding any provision to the contrary contained
herein or in any other Loan Document, no such provision shall require the payment or permit the
collection of any amount of interest in excess of the maximum amount of interest permitted by
applicable law to be charged for the use or detention, or the forbearance in the collection, of all
or any portion of the Loans or other obligations outstanding under this Agreement or any other Loan
Document (“Excess Interest"). If any Excess Interest is provided for, or is adjudicated to

-69-

 

be provided for, herein or in any other Loan Document, then in such event (a) the provisions of this
Section shall govern and control, (b) neither the Borrower nor any guarantor or endorser shall be
obligated to pay any Excess Interest, (c) any Excess Interest that the Administrative Agent or any
Lender may have received hereunder shall,
at the option of the Administrative Agent, be (i) applied as a credit against the then outstanding
principal amount of Obligations hereunder and accrued and unpaid interest thereon (not to exceed
the maximum amount permitted by applicable law), (ii) refunded to the Borrower, or (iii) any
combination of the foregoing, (d) the interest rate payable hereunder or under any other Loan
Document shall be automatically subject to reduction to the maximum lawful contract rate allowed
under applicable usury laws (the “Maximum Rate"), and this Agreement and the other Loan Documents
shall be deemed to have been, and shall be, reformed and modified to reflect such reduction in the
relevant interest rate, and (e) neither the Borrower nor any guarantor or endorser shall have any
action against the Administrative Agent or any Lender for any damages whatsoever arising out of the
payment or collection of any Excess Interest. Notwithstanding the foregoing, if for any period of
time interest on any of Borrower’s Obligations is calculated at the Maximum Rate rather than the
applicable rate under this Agreement, and thereafter such applicable rate becomes less than the
Maximum Rate, the rate of interest payable on the Borrower’s Obligations shall remain at the
Maximum Rate until the Lenders have received the amount of interest which such Lenders would have
received during such period on the Borrower’s Obligations had the rate of interest not been limited
to the Maximum Rate during such period.

     Section 13.21. Lender’s Obligations Several. The obligations of the Lenders hereunder are
several and not joint. Nothing contained in this Agreement and no action taken by the Lenders
pursuant hereto shall be deemed to constitute the Lenders a partnership, association, joint venture
or other entity.

     Section 13.22. Submission to Jurisdiction; Waiver of Jury Trial. The Borrower and the other
Guarantors hereby submit to the nonexclusive jurisdiction of the United States District Court for
the Northern District of Illinois and of any Illinois State court sitting in the City of Chicago
for purposes of all legal proceedings arising out of or relating to this Agreement, the other Loan
Documents or the transactions contemplated hereby or thereby. The Borrower and the other
Guarantors irrevocably waive, to the fullest extent permitted by law, any objection which they may
now or hereafter have to the laying of the venue of any such proceeding brought in such a court and
any claim that any such proceeding brought in such a court has been brought in an inconvenient
forum. The Borrower, the other Guarantors, the Administrative Agent, and the Lenders hereby
irrevocably waive any and all right to trial by jury in any legal proceeding arising out of or
relating to any Loan Document or the transactions contemplated thereby.

     Section 13.23. 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 and its Affiliates’ directors, officers, employees and
agents, including accountants, legal counsel and other advisors (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 (including any self-regulatory authority, such as the
National

-70-

 

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
suit, 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 (A) any assignee of or participant in, or any prospective
assignee of or participant in, any of its rights or obligations under this Agreement or (B) 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, (h) to the extent such
Information (A) becomes publicly available other than as a result of a breach of this Section or
(B) becomes available to the Administrative Agent, any Lender or the L/C Issuer on a
nonconfidential basis from a source other than the Borrower, (i) to rating agencies if requested or
required by such agencies in connection with a rating relating to the Loans or Revolving Credit
Commitments hereunder, or (j) to entities which compile and publish information about the
syndicated loan market, provided that only basic information about the pricing and structure of the
transaction evidenced hereby may be disclosed pursuant to this clause (j).

     For purposes of this Section, “Information” means all information received from the Borrower
or any of its Subsidiaries relating to the Borrower or any of its Subsidiaries 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 Borrower,
provided that, in the case of information received from the Borrower after the date hereof, such
information is clearly identified at the time of delivery as confidential.

     Section 13.24. USA Patriot Act. Each Lender that is subject to the requirements of the USA
Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”) hereby
notifies the Borrower that pursuant to the requirements of the Act, it is required to obtain,
verify, and record information that identifies the Borrower, which information includes the name
and address of the Borrower and other information that will allow such Lender to identify the
Borrower in accordance with the Act.

     Section 13.25. Equalization of Loans and Commitments. Upon the satisfaction of the conditions
precedent set forth in Section 7.2 hereof, all loans and letters of credit outstanding under the
Existing Credit Agreement shall remain outstanding as the initial Borrowing of Loans and Letters of
Credit under this Agreement and, in connection therewith, the Borrower shall be deemed to have
prepaid all outstanding Eurodollar Loans on the Effective Date and shall pay to each Lender who is
currently a party to the Existing Credit Agreement any compensation due such Lender under Section
1.12 of the Existing Credit Agreement as a result thereof. On the Effective Date, the Lenders each
agree to make such purchases and sales of interests in the outstanding Loans and interests in
outstanding Letters of Credit between themselves so that each Lender is then holding its relevant
Percentage of outstanding Loans and L/C Obligations. Such purchases and sales shall be arranged
through the Administrative Agent and each Lender hereby agrees to execute such further instruments
and documents, if any, as the Administrative Agent may reasonably request in connection therewith.

 - 71 - 

 

     Section 13.26. Removal of Lenders and Assignment of Interests. The Departing Lenders hereby
agree to sell and assign without representation, recourse, or warranty (except the Departing
Lenders each represent it has authority to execute and deliver this Agreement and sell its
Obligations contemplated hereby, which Obligations are owned by such Departing Lender free and
clear of all Liens), and upon the satisfaction of the conditions precedent set forth in Section 7.2
hereof the Lenders hereby agree to purchase, 100% of the Departing Lender’s outstanding Obligations
under the Existing Credit Agreement and the Loan Documents (including, without limitation, all of
the loans held by the Departing Lender, together with all of its interests in outstanding letters
of credit) for a purchase price equal to the outstanding principal balance of loans, which purchase
price shall be paid in immediately available funds on the Effective Date, so that after such sale
and purchase each Lender’s outstanding Loans shall equal its applicable Percentage. The Borrower
shall pay all accrued but unpaid interest and fees owed to the Departing Lenders under the Existing
Credit Agreement as of the Effective Date. Such purchases and sales shall be arranged through the
Administrative Agent and the Departing Lenders hereby agree to execute such further instruments and
documents, if any, as the Administrative Agent may reasonably request in connection therewith.
Upon the execution and delivery of this Agreement by the Departing Lenders, the Lenders, the Swing
Lender, the L/C Issuer, the Borrower and the Guarantors and the payment of the Obligations owing to
the Departing Lenders, the Departing Lenders shall cease to be Lenders under the Credit Agreement
and the other Loan Documents and (i) the Lenders shall have the rights of the Departing Lenders
thereunder subject to the terms and conditions hereof and (ii) the Departing Lenders shall have
relinquished its rights (other than rights to indemnification and reimbursements referred to in the
Existing Credit Agreement which survive the repayment of the Obligations owed to the Departing
Lender in accordance with its terms, including Section 13.6 and 13.16 thereof) and be released from
their obligations under the Existing Credit Agreement.

[Signature Pages to Follow]

 - 72 - 

 

     This Amended and Restated Credit Agreement is entered into between us for the uses and
purposes hereinabove set forth as of the date first above written.

	 	 	 	 	 	 	 
	 	 	“Borrower"	 	 
	 
	 	 	 	 	 	 
	 	 	Plexus Corp.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ George W. F. Setton	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: George W.F. Setton	 	 
	 

	 	 	 	Title: Corp. Treasurer & Chief Treasury
          Officer	 	 
	 
	 	 	 	 	 	 
	 	 	“Guarantors"	 	 
	 
	 	 	 	 	 	 
	 	 	Plexus Services Corp.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ George W. F. Setton	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: George W.F. Setton	 	 
	 

	 	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	Plexus Intl. Sales & Logistics, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ George W. F. Setton	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: George W.F. Setton	 	 
	 

	 	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	Plexus QS, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ George W. F. Setton	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: George W.F. Setton	 	 
	 

	 	 	 	Title: Treasurer	 	 

 

 

	 	 	 	 	 	 	 
	 	 	Plexus International Services, Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Dave Caputo	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Dave Caputo	 	 
	 

	 	 	 	Title: President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	PTL Information Technology Services Corp.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Dave Caputo	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Dave Caputo	 	 
	 

	 	 	 	Title: President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	Plexus Management Services Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ George W. F. Setton	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: George W. F. Setton	 	 
	 

	 	 	 	Title: Treasurer and Assistant Secretary	 	 

-2-

 

	 	 	 	 	 	 	 	 	 
	 	 	“Lenders"	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Bank of Montreal, as L/C Issuer and as
  Administrative Agent	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	BMO Capital Markets Financing, Inc., as
  a Lender and Swing Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Bank of America, N.A.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LaSalle Bank National Association	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	National City Bank	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 

-3-

 

	 	 	 	 	 	 	 	 	 
	 	 	The Bank of Tokyo — Mitsubishi UFJ, Ltd.,

  Chicago Branch, formerly known as The

  Bank of Tokyo — Mitsubishi, Ltd., Chicago

  Branch	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	U.S. Bank National Association	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Wells Fargo Bank, National Association,

  as a Departing Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Harris N.A., as a Departing Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	Royal Bank of Canada, as a Departing
  Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	KeyBank National Association, as

  departing Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title	 	 	 	 
	 

	 	 	 	 	 	 	 	 

-4-exv4w3

 

Exhibit 4.3

ESCROW AGREEMENT

     THIS
ESCROW AGREEMENT, dated as of January 30, 2007 (this “Agreement”), is entered into by
and between Ozark Ethanol, LLC, a Delaware limited liability company (the “Company”), and US Bank,
located in Lamar, Missouri (the “Escrow Agent”).

RECITALS

     A. The Company is raising equity capital to construct and operate an ethanol production
facility plant in Vernon County, Missouri or such other location as may be determined by the
Company.

     B. The Company is offering up to an aggregate of 30,000,000 Class A Units, at a purchase price
of $2.00 per Unit, to investors pursuant an offering registered with the Securities and Exchange
Commission under the Securities Act of 1933, as amended (the “Offering”).

     C. Each investor who subscribes to purchase Units (a “Subscriber”) will execute a Subscription
Agreement, a Promissory Note and a signature page to the Company’s Limited Liability Company
Agreement, and will supply a check or other funds as part or all of the purchase price for the
Units (the foregoing documents and funds, a “Subscription”). The terms of the Offering provide
that Subscriptions will be held in escrow until certain conditions for release from escrow are
satisfied and the Subscriptions and Offering proceeds are released to the Company or until such
Subscriptions are required to be returned to Subscribers.

     D. The minimum investment by each Subscriber in the Offering is $20,000 (10,000 Units), with a
payment equal to at least ten percent (10%) of the total purchase price due at the time the
Subscription is made (an “Initial Payment”) and with payment for the remaining balance of the total
purchase price due upon 30 days written notice from the Company pursuant to the terms of a
promissory note (a “Promissory Note”) to be executed and delivered as part of each Subscriber’s
Subscription. Initial Payments and payments received on Promissory Notes are herein referred to as
“Payments.”

     E. The Company and the Escrow Agent desire to enter into an agreement with respect to said
escrow of Subscriptions in an escrow account to be established with the Escrow Agent (the “Escrow
Account”) in accordance with the terms and conditions of this Agreement.

     NOW THEREFORE, in consideration of the premises and covenants set forth herein and for other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, for themselves, their successors and assigns, hereby agree as follows:

1. Definitions. The following terms shall have the following meanings when used herein:

     “Escrow Funds” shall mean the funds deposited with the Escrow Agent pursuant to this
Agreement, together with any interest and other income thereon.

1

 

     “Escrow Closing Date” shall mean                                         ,                    
  [one year and 90 days following the
effective date of the registration statement filed with the Securities and Exchange Commission],
unless prior to such date, the Company provides written notice to the Escrow Agent of the extension
of the Escrow Closing Date in accordance with applicable federal and state laws, in which case the
Escrow Closing Date shall mean the extended date established by such extension.

     “Final Offering Closing Date” shall mean                                         ,                      [one year following the
effective date of the registration statement filed with the Securities and Exchange Commission],
unless prior to such date, the Company provides written notice to the Escrow Agent of the extension
of the Final Offering Closing Date in accordance with applicable federal and state laws, in which
case the Final Offering Closing Date shall mean the extended date established by such extension.

     “Notice of Escrow Closing” shall mean a written certificate that is signed on behalf of the
Company by a duly authorized officer thereof stating that the following conditions to the release
of Subscriptions and Escrow Funds from escrow have been satisfied:

     (i)
The Company has received, approved and deposited or caused to be
deposited in escrow Subscriptions and Payments on such Subscriptions
(including Initial Payments and payments on Promissory Notes) in the
amount of $30,000,000 or more, exclusive of interest; and

     (ii) The Company has received a written commitment or commitments for senior and
subordinated debt financing which, combined with the total amount of
Payments deposited in escrow and funds from grants and other resources, would equal at least
$102,000,000.

     “Payment Instrument” shall mean a check, money order, promissory note, or similar instrument
received by the Company as a Payment for the Units subscribed for by any Subscriber in the
Offering.

     “Subscription Accounting” shall mean an accounting prepared by the Company of all
Subscriptions for Units received by the Company as of the date of such accounting for which
Payment(s) has been deposited into the Escrow Account, indicating for each Subscription (i) the
Subscriber’s name, address and federal taxpayer identification number, (ii) the amount of the
Payment(s) received for the subscribed Units, (iii) the date of deposit by the Company of the
Payment Instrument relating thereto and notations of any nonpayment of the Payment Instrument
submitted with any such Subscription, and (iv) any rejection of any such Subscription in whole or
in part by the Company, or any other termination, for whatever reason, of any such Subscription.

2. Appointment of and Acceptance by Escrow Agent. The Company hereby appoints the Escrow Agent to
serve as escrow agent hereunder, and the Escrow Agent hereby accepts such appointment and agrees to
act as Escrow Agent in accordance with the terms of this Agreement.

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3. Deposits into Escrow.

     a. Delivery of Subscriptions. All Subscriptions received by the Company or its agents prior
to the termination of this Agreement shall, as soon as practicable after such receipt, be forwarded
to the Escrow Agent for deposit into the Escrow Account. All Payment Instruments shall be
delivered to the Escrow Agent within five (5) business days from the date of the receipt thereof,
endorsed (if appropriate) to the Escrow Agent, together with a list of the applicable Subscribers,
showing, with respect to each such Subscriber, the Subscriber’s name and address, subscription
date, amount of subscription and amount paid. From time to time and upon request by the Escrow
Agent, the Company shall provide a Subscription Accounting to the Escrow Agent.

     ALL ESCROW FUNDS SHALL REMAIN THE PROPERTY OF THE SUBSCRIBERS ACCORDING TO THEIR RESPECTIVE
INTERESTS, SHALL NOT BE OR BECOME THE PROPERTY OR ASSETS OF THE COMPANY, AND SHALL NOT BE SUBJECT
TO ANY LIEN OR CHARGE BY THE ESCROW AGENT, ANY LIEN OR CLAIM BY THE COMPANY OR BY JUDGMENT OR
CREDITORS CLAIMS AGAINST THE COMPANY, UNTIL RELEASED TO THE COMPANY IN ACCORDANCE WITH SECTION
4 HEREOF. IN NO EVENT SHALL ANY OF THE ESCROW FUNDS BE COMMINGLED WITH DEPOSIT ACCOUNTS OF THE
ESCROW AGENT OR OTHERWISE TREATED AS A DEPOSIT ACCOUNT OF THE ESCROW AGENT OR REFLECTED ON THE
FINANCIAL STATEMENTS OF THE ESCROW AGENT.

     b. Availability of Funds. Notwithstanding anything to the contrary contained in this
Agreement, the Company understands and agrees that all Payment Instruments received by the Escrow
Agent hereunder are subject to collection requirements of presentment and final payment, and that
the funds represented thereby cannot be drawn upon or disbursed until such time as final payment in
collected funds has been made and is no longer subject to dishonor. Upon receipt, the Escrow Agent
shall process each Payment Instrument it receives for collection, and the proceeds thereof shall be
held as part of the Escrow Funds and disbursed in accordance with Sections 4 and 5 hereof. If,
upon presentment for payment, any Payment Instrument is dishonored, the Escrow Agent shall notify
the Company of such dishonor and return such Payment Instrument to the Company to take whatever
action it deems necessary. The Escrow Agent shall have no duty or responsibility to establish
whether any Payment Instrument is valid and enforceable or represents collectible funds and shall
have no duty or responsibility to take any action for the collection (other than deposit for
payment) or enforcement of any Payment Instrument.

4. Release of Subscriptions and Escrow Funds to the Company.

     a. Escrow Closing. Promptly upon receipt of the following documents from or at the direction
of the Company, the Escrow Agent shall release the Subscriptions and Escrow Funds to the Company.

     1. A Notice of Escrow Closing in the form attached hereto as Exhibit A; and

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     2. Subscription Accounting as of the date of the Notice of Escrow Closing.

Escrow Funds shall be remitted to the Company by wire transfer or such other means as may be
requested by the Company.

The Escrow Agent shall have no duty or responsibility to review or seek to determine the truth,
accuracy or sufficiency of documents contemplated or referred to in the Notice of Escrow Closing.
The Escrow Agent shall have no duty to review any Subscription Accounting, it being the
understanding and agreement of the parties hereto that the Escrow Agent shall release the
Subscriptions and disburse the Escrow Funds upon receipt of documents the Escrow Agent believes,
without any duty of further inquiry, to conform to the requirements set forth in this Section 4(a).

     b. Issuance and Registration of Units. Until the terms of this Agreement have been met and
the Subscriptions have been released and Escrow Funds have been disbursed to the Company, the
Company shall not issue any Units to Subscribers or register any Units in the names of any
Subscribers, and Subscribers shall have no ownership interest in any Units until the Units are so
issued and registered.

5. Return of Subscriptions and Escrow Funds to Subscribers.

     a. Failure to Obtain Minimum Offering Proceeds. If, by the date that is five (5) business
days after the Final Offering Closing Date, the Escrow Agent is not in receipt of approved
Subscriptions, including Payments and Promissory Notes, but exclusive of interest, which total
$30,000,000 or more, then the Escrow Agent shall (i) notify the Company in writing that the minimum
Subscriptions required for the Offering have not been received, (ii) as soon as practicable but no
later than thirty (30) days following the Final Offering Closing Date, return the Subscriptions and
Escrow Funds then held by the Escrow Agent directly to the Subscribers by certified mail, including
a check in the amount of the Payments received in respect of such Subscriptions and on deposit in
the Escrow Account, together with interest earned on the amount of such Payments and without
deduction except as stated in Sections 7 and 13 of and Exhibit B to this Agreement (interest earned
will be calculated at the end of the month of account termination and may be disbursed through a
separate payment following calculation) and (iii) notify the Company in writing of such return.

     b. Failure to Reach Escrow Closing. If, by the date that is five (5) business days after the
Escrow Closing Date, the Escrow Agent is not in receipt of the documents described in Section 4(a),
then the Escrow Agent shall (i) notify the Company in writing that the conditions set forth in
Section 4(a) have not been satisfied, (ii) as soon as practicable but no later than thirty (30)
days following the Escrow Closing Date, return the Subscriptions and Escrow Funds then held by the
Escrow Agent directly to the Subscribers by certified mail, including a check in the amount of the
Payments received in respect of such Subscriptions and on deposit in the Escrow Account, together
with interest earned on the amount of such Payments and without deduction except as stated in
Sections 7 and 13 of and Exhibit B to this Agreement (interest earned will be calculated at the end
of the month of account termination and may be disbursed through a separate payment following
calculation) and (iii) notify the Company in writing of such return.

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     c. Rejection of Any Subscription. As soon as practicable but no later than thirty (30) days
after receipt by the Escrow Agent of written notice from the Company that the Company intends to
reject a Subscriber’s Subscription in whole or in part, the Escrow Agent shall return directly to
the applicable Subscriber, by certified mail, the Subscriber’s Subscription, including funds equal
to the Payment(s) made by or on behalf of such Subscriber, together with interest earned on the
amount of such Payments and without deduction except as stated in Section Sections 7 and 13 of and
Exhibit B to this Agreement (interest earned will be calculated at the end of the month of account
termination and may be disbursed through a separate payment following calculation).

     d. Abandonment of Offering; Insolvency or Bankruptcy. As soon as practicable but no later
than thirty (30) days after receipt by the Escrow Agent of (i) written notice from the Company that
it is abandoning the Offering, together with a copy of a resolution of the Company’s Board of
Managers so abandoning the Offering, duly attested to by the Secretary of the Company, or (ii)
written notice from the Company of the Company’s insolvency or bankruptcy, or the institution of
bankruptcy, reorganization, insolvency, or liquidation proceedings by or against the Company and,
if against the Company, such proceedings have continued without termination for at least one
hundred twenty (120) days; the Escrow Agent shall return directly to the Subscribers by certified
mail the Subscribers’ Subscriptions, including funds equal to the Payments made by or on behalf of
each such Subscriber, together with interest earned on the amount of such Payments and without
deduction except as stated in Sections 7 and 13 of and Exhibit B to this Agreement (interest earned
will be calculated at the end of the month of account termination and may be disbursed through a
separate payment following calculation).

     e. Accounting. In connection with a return of funds to Subscribers pursuant to this Section
5, the Company shall provide the Escrow Agent with a Subscription Accounting. Under no
circumstances may a Subscriber receive less than the principal amount of all Payments made by the
Subscriber in connection with a return of funds to Subscribers pursuant to this Section 5.

6. Suspension of Performance or Disbursement Into Court. If, at any time, there shall exist any
dispute between the Company, the Escrow Agent, any Subscriber or any other person with respect to
the holding or disposition of any portion of any Subscription or Escrow Funds or any other
obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to
determine, to the Escrow Agent’s reasonable satisfaction, the proper disposition of any portion of
the Subscriptions or the Escrow Funds or the Escrow Agent’s proper actions with respect to its
obligations hereunder, or if the Escrow Agent is uncertain concerning its duties or rights under
this Agreement, or if the Escrow Agent shall have received instructions, claims or demands from the
Company or Subscribers or others which, in its opinion, are in conflict with any of the provisions
of this Agreement, or if the Company has not within 30 days of the furnishing by the Escrow Agent
of a notice of resignation pursuant to Section 9 hereof appointed a successor Escrow Agent to act
hereunder, then the Escrow Agent may, in its sole discretion, consult legal counsel selected by it
and take either or both of the following actions:

     a. Suspend the performance of any of its obligations under this Agreement until such dispute,
uncertainty or conflict shall be resolved to the reasonable satisfaction of the Escrow

5

 

Agent or until a successor Escrow Agent shall have been appointed (as the case may be); provided,
however, that the Escrow Agent shall continue to hold the Subscriptions and to invest the Escrow
Funds in accordance with Section 7 hereof; and/or

     b. Petition (by means of an interpleader action or any other appropriate method) any court of
competent jurisdiction of the state of Missouri, for instructions with respect to such dispute or
uncertainty, and pay into such court all Subscriptions and Escrow Funds for holding and disposition
in accordance with the instructions of such court, and the Escrow Agent shall thereupon be
discharged from all further duties under this Escrow Agreement.

     The Escrow Agent shall have no liability to the Company, any Subscriber or any other person
with respect to any such suspension of performance or disbursement into court, specifically
including any liability or claimed liability that may arise, or be alleged to have arisen, out of
or as a result of any delay in the disbursement of Escrow Funds or any delay in or with respect to
any other action required or requested of the Escrow Agent, except in instances of the Escrow
Agent’s bad faith, gross negligence or willful misconduct.

7. Investment of Funds. The Escrow Agent shall invest and reinvest the Escrow Funds as the Company
shall direct (subject to applicable minimum investment requirements) in writing; provided, however,
that no investment or reinvestment may be made except in the following:

     a. Direct obligations of the United States of America or obligations the principal of and the
interest on which are unconditionally guaranteed by the United States of America;

     b. Savings accounts, certificates of deposit or repurchase agreements of any bank, trust
company or national banking association (including the Escrow Agent and its affiliates); or

     c. United States Treasury Money Market funds (money market funds investing exclusively in U.S.
Treasury securities and other investments that are backed by the full faith and credit of the
United States of America).

     Notwithstanding anything to the contrary herein, in no event may Escrow Funds be held in any
deposit account of the Escrow Agent in an amount that exceeds $100,000.

     If the Escrow Agent has not received written instructions from the Company when an investment
decision needs to be made, the Escrow Agent shall invest the Escrow Funds, or such portion thereof
as to which no written instructions have been received, in any of the investments described in
clause (a) or clause (c) as it deems appropriate. Each of the foregoing investments shall be made
in the name of the Escrow Agent in its stated capacity hereunder. No investment shall be made in
any instrument or security that has a maturity of greater than three (3) months or would mature
after                                         ,                      [one year and 90 days following the effective date of the registration
statement filed with the Securities and Exchange Commission], and any and all investments hereunder
shall be made in investments that are currently marketable or may be liquidated within five (5)
business days without penalty or charge. Notwithstanding anything to the contrary contained
herein, the Escrow Agent may, without notice to the Company, sell or liquidate any of the foregoing
investments at any time if the proceeds thereof are required for any

6

 

release of funds permitted or required hereunder. The Escrow Agent shall have no liability for any
loss or diminution in the Escrow Account resulting from investments made in accordance with the
provisions of this Agreement. Except as provided in Section 23 hereof, the Escrow Agent shall have
no duty by reason of this Agreement to prepare or file any federal or state tax report or return
with respect to the Escrow Account or any income earned thereon.

     Transaction costs associated with the investment of the Escrow Funds, such as commissions,
brokerage fees and the like, shall be paid out of the Escrow Funds, but in no event shall such
costs exceed the amount of interest earned on the Escrow Funds.

8. Inspection of Records. The Company may, at any time upon reasonable notice, inspect and copy
the records of the Escrow Agent, insofar as they relate to this Agreement, for the purpose of
determining compliance with and conformance to the provisions of this Agreement and the
Subscriptions.

9. Resignation and Removal of Escrow Agent. The Escrow Agent may resign from the performance of
its duties hereunder at any time by giving thirty (30) days’ prior notice to the Company and upon
providing an accounting of all Subscriptions and Escrow Funds accepted, held and disbursed by the
Escrow Agent hereunder. The Escrow Agent may be removed, with or without cause, by the Company, at
any time upon thirty (30) days’ prior written notice to the Escrow Agent. Such resignation or
removal shall take effect upon the appointment of a successor Escrow Agent, as provided herein
below, and upon receipt by the Company and a successor Escrow Agent of an accounting of all
Subscriptions and Escrow Funds accepted, held and disbursed by the Escrow Agent hereunder. Upon
any such notice of resignation or removal, the Company shall appoint a successor Escrow Agent
hereunder. Upon the acceptance in writing of any appointment as Escrow Agent hereunder by a
successor Escrow Agent, and upon receipt of the full accounting referred to above, such successor
Escrow Agent shall thereupon succeed to and become vested with all the rights, powers, privileges
and duties of the retiring Escrow Agent, and the retiring Escrow Agent shall be discharged from its
duties and obligations under this Agreement, but shall not be discharged from any liability
hereunder for actions taken as the Escrow Agent prior to such succession. Notwithstanding anything
to the contrary herein provided, in the event the Escrow Agent resigns as Escrow Agent hereunder
and no successor Escrow Agent has been designated and accepted appointment as successor Escrow
Agent within forty-five (45) days following the date of the Escrow Agent’s notice of resignation,
the Escrow Agent shall have the right to deposit all property held pursuant to this Agreement into
the registry of any court of competent jurisdiction of the state of Missouri and notify the parties
hereto of such deposit, and thereupon the Escrow Agent shall be discharged from all further duties
and responsibilities as Escrow Agent under this Agreement. After any Escrow Agent’s resignation or
removal, the provisions of this Agreement shall continue to apply as to any actions taken or
omitted to be taken by it while it was Escrow Agent under this Agreement.

10. Duty and Liability of Escrow Agent. The sole duty of the Escrow Agent, other than as herein
specified, shall be to receive the Subscriptions and Escrow Funds and hold them subject to release,
in accordance herewith, and the Escrow Agent shall be under no duty to determine whether the
Company is complying with the requirements of this Agreement or any applicable laws or regulations,
including but not limited to federal or state securities laws, in tendering to the Escrow Agent
said proceeds from the sale of the Units. The Escrow Agent may conclusively

7

 

rely upon and shall be protected in acting upon any statement, certificate, notice, request,
approval, consent, order or other document believed by it to be genuine and to have been signed or
presented by the proper party or parties. The Escrow Agent shall have no duty or liability to
verify any such statement, certificate, notice, request, consent, order or other document, and its
sole responsibility shall be to act only as expressly set forth in this Agreement. The Escrow
Agent may consult counsel with respect to any question arising under this Agreement and the Escrow
Agent shall not be liable for any action taken or omitted in good faith upon advice of such
counsel. The Escrow Agent shall not be required to act upon or take notice of any direction,
demand, notice, communication or instructions provided to the Escrow Agent by any Subscriber, but
shall act upon and take notice solely of notices, communications and instructions provided to the
Escrow Agent by the Company or as otherwise set forth in this Agreement. The Escrow Agent shall
have no implied duties or obligations and shall not be charged with knowledge or notice of any fact
or circumstance not specifically set forth herein or in any notices given to it in accordance with
the notice provisions of this Agreement. The Escrow Agent shall have no liability with respect to
the transfer or distribution of any funds effected by the Escrow Agent pursuant to wiring or
transfer instructions provided to the Escrow Agent by any party to this Agreement. The Escrow
Agent shall not be obligated to take any legal action or to commence any proceedings in connection
with the Escrow Account or this Agreement, or to appear in, prosecute or defend in any such legal
action or proceedings. In performing its duties under this Agreement, or upon the claimed failure
to perform its duties, the Escrow Agent shall have no liability except for the Escrow Agent’s bad
faith, willful misconduct or gross negligence. In no event shall the Escrow Agent be liable for
incidental, indirect, special, consequential or punitive damages.

11. Indemnification. The Company shall indemnify and hold harmless the Escrow Agent and each
director, officer, employee and agent of the Escrow Agent (collectively, the “Indemnified Parties”)
from and against any and all claims, demands, suits, actions or proceedings (including any inquiry
or investigation) arising directly or indirectly from or in connection with the negotiation,
preparation, execution, performance or failure of performance of this Agreement or any transactions
contemplated herein, whether or not any such Indemnified Party is a party to any such action,
proceeding, suit or the target of any such inquiry or investigation. This indemnity and hold
harmless agreement shall include indemnity against all costs, expenses, damages and liabilities,
including reasonable attorneys’ fees, incurred by or asserted against any of the Indemnified
Parties in connection with any such claims, demands, suits, actions or proceedings, except for any
consequential damages suffered by the Indemnified Parties as a result of any such claims, demands,
suits, actions or proceedings, which consequential damages are expressly excluded from the
foregoing indemnity. Provided, further, that the foregoing indemnity shall not apply to any
claims, demands, suits, actions or proceedings arising from the bad faith, gross negligence or
willful misconduct of any Indemnified Parties. The provisions of this Section 11 shall survive the
termination of this Agreement, any release, return or distribution of Subscriptions and Escrow
Funds hereunder, and any resignation or removal of the Escrow Agent.

12. Securities Law Matters. The Escrow Agent shall have no duty or responsibility for determining
whether the Units or the offer and sale thereof conform to the requirements of applicable Federal
or state securities laws, including but not limited to the Securities Act of 1933 and the
Securities Exchange Act of 1934. The Escrow Agent has not participated in the

8

 

preparation or review of any sales or offering material relating to the Units described in this
Agreement. In addition to any other indemnities provided for in this Agreement, the Company shall
indemnify and hold harmless the Escrow Agent and each of its officers, directors, agents and
employees from and against all claims, liabilities, losses and damages (including attorneys’ fees)
incurred by the Escrow Agent or such persons and which directly or indirectly result from any
violation or alleged violation of Federal or state securities laws. The name of the Escrow Agent
or any similar words shall not be used by the Company or reproduced in any prospectus or offering,
sales or similar material utilized by the Company or anyone acting on the Company’s behalf in
connection with the offering or sale of the Units, other than to state that Subscriptions will be
deposited in an escrow account that it has established with the Escrow Agent and describing the
terms and conditions on which the Subscriptions will be held and released. The Escrow Agent
understands and agrees that this Agreement shall be filed as an exhibit to the registration
statement filed with the Securities and Exchange Commission relating to the Offering and with state
securities authorities. The Escrow Agent shall cooperate with the Company with respect to any
special requirements of the Securities and Exchange Commission and state securities authorities
regarding this Agreement and the terms of escrow provided herein.

13. Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as
described in Exhibit B attached hereto, promptly paid by the Company at such time or times as set
forth therein, for the services provided by Escrow Agent hereunder. The provisions of this Section
13 shall survive any termination of this Agreement or the resignation or removal of the Escrow
Agent. The fees agreed upon for services rendered hereunder are intended as full compensation for
the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event
the Escrow Agent renders any material service not contemplated in this Agreement, or there is any
assignment of any interest in the subject matter of this Agreement, or any material modification
hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any
litigation pertaining to this Agreement, then the Escrow Agent shall be reasonably compensated for
such extraordinary services and reimbursed for all costs and expenses, including reasonable
attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be
recoverable from the Company, but not from the Escrow Account.

14. Representations and Warranties.

     a. The Company makes the following representations and warranties to the Escrow Agent, as of
the date hereof:

     1. The Company is a limited liability company duly organized, validly existing, and in
good standing under the laws of the state of Delaware, is authorized by the Missouri
Secretary of State to transact business in the State of Missouri, and has full power and
authority to execute and deliver this Agreement and to perform its obligations hereunder;

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     2. This Agreement has been duly approved by all necessary action of the Company, has
been executed by duly authorized persons of the Company, and constitutes a valid and binding
agreement of the Company, enforceable in accordance with its terms;

     3. The execution, delivery, and performance by the Company of this Agreement will not
violate, conflict with, or cause a default under the Company’s governing instruments, any
applicable law or regulation, any court order or administrative ruling or decree to which
the Company is a party or any of its property is subject, or any agreement, contract,
indenture or other binding arrangement to which the Company is a party or any of its
property is subject; and

     4. The Company hereby acknowledges that the status of the Escrow Agent is that of agent
only for the limited purposes set forth herein, and hereby represents and covenants that no
representations or implications shall be made that the Escrow Agent has investigated the
desirability or advisability of an investment in the Units or has approved, endorsed or
passed upon the merits of the investments therein and that the name of the Escrow Agent has
not and shall not be used in any manner in connection with the offer or sale of the Units
other than to state that the Escrow Agent has agreed to serve as agent for the limited
purposes set forth herein.

     b. The Escrow Agent represents and warrants to the Company, as of the date hereof, that the
Escrow Agent has all necessary powers and authority to act as an escrow agent as set forth in this
Agreement.

15. Consent to Jurisdiction and Venue. In the event that any party hereto commences a lawsuit or
other proceeding relating to or arising from this Agreement, the parties hereto agree that the
courts of the state of Missouri shall have sole and exclusive jurisdiction and shall be proper
venue for any such lawsuit or judicial proceeding and the parties hereto waive any objection to
such venue. The parties hereto consent to and agree to submit to the jurisdiction of the courts
specified herein and agree to accept service or process to vest personal jurisdiction over them in
any of these courts.

16. Notice. Any notice and other communications hereunder shall be in writing and shall be deemed
to have been validly served, given or delivered five (5) days after deposit in the United States
mail, by certified or registered mail with return receipt requested and postage prepaid, at the
time of delivery when delivered personally, one (1) day after delivery to any overnight courier, or
when transmitted by facsimile transmission facilities, and addressed to the party to be notified as
follows, provided, however, that the Escrow Agent shall not be deemed to have received any notice
or communication prior to its actual receipt thereof:

     If to the Company at:

Ozark Ethanol, LLC

Attention: Chair

300 West Kneeland Street

Liberal, Missouri 64762

Fax:

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     If to the Escrow Agent:

US Bank

Attn: Lloyd R. Tubaugh, Market President

1011 Gulf Street

Lamar, Missouri 64759

Fax:

or to such other address as each party may designate for itself by like notice.

17. Amendment or Waiver. This Agreement and any provision hereof may be amended, changed, waived,
discharged, superseded, cancelled or terminated only by a writing signed by the Company and the
Escrow Agent. No delay or omission by any party in exercising any right with respect hereto shall
operate as a waiver. A waiver on any one occasion shall not be construed as a bar to, or wavier
of, any right or remedy on any future occasion.

18. Severability. To the extent any provision of this Agreement is prohibited by or invalid under
applicable law, such provision shall be ineffective to the extent of such prohibition or
invalidity, without invalidating the remainder of such provision or the remaining provisions of
this Agreement.

19. Governing Law. This Agreement shall be construed and interpreted in accordance with the
internal laws of the state of Missouri without giving effect to the conflict of laws principles
thereof.

20. Entire Agreement. This Agreement constitutes the entire agreement between the parties relating
to the acceptance, collection, holding, investment, release, return and disbursement of the
Subscriptions and Escrow Funds and sets forth in their entirety the obligations and duties of the
Escrow Agent with respect to the Subscriptions and Escrow Funds.

21. Binding Effect. All of the terms of this Agreement, as amended from time to time, shall be
binding upon, inure to the benefit of and be enforceable by the respective successors and assigns
of the Company and the Escrow Agent; provided, however, that neither this Agreement nor any rights
or obligations hereunder may be assigned by any party hereto without the express written consent of
each of the other party hereto.

22. Execution in Counterparts. This Agreement may be executed in any number of counterparts,
which, when so executed, shall constitute one and the same agreement.

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23. Termination. Upon the first to occur of the release of all Subscriptions and disbursement of
all amounts in the Escrow Account pursuant to Section 4 or 5 hereof or deposit of all Subscriptions
and all amounts in the Escrow Account into court pursuant to Section 6 hereof, this Agreement shall
terminate and the Escrow Agent shall have no further responsibilities whatsoever with respect to
this Agreement or the Subscriptions or the Escrow Funds, except that the Escrow Agent may be
required to prepare and issue IRS Forms 1099 to the appropriate party(ies) in the event that an IRS
Form 1099 filing requirement arises with respect to interest or other income earned on the Escrow
Funds.

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

	 	 	 	 	 	 	 
	 	 	OZARK ETHANOL, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Kerry Rose	 	 
	 

	 	Name:
	 	 
Kerry Rose
	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	President	 	 
	 

	 	 	 	 

	 	 
	 	 	Federal Taxpayer I.D.
number:
	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	US BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Lloyd R. Tubaugh	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	      Lloyd R. Tubaugh	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:
	 	      Market President	 	 
	 

	 	 	 	 	 	 

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EXHIBIT A

Form of Notice of Escrow Closing

(To be on Company letterhead)

(Date)

US Bank

Attn: Ray Tubaugh, Market President

1011 Market Street

Lamar, Missouri 64759

Fax:

     Re: Ozark Ethanol, LLC — Notice of Escrow Closing

Dear Sir/Madam:

     You are hereby notified that the following conditions to release of Subscriptions and Escrow
Funds being held in the Escrow Account for Ozark Ethanol, LLC (the “Company”) have been satisfied:

     (i)
The Company has received, approved and deposited or caused to be
deposited in escrow Subscriptions
and Payments on such Subscriptions (including Initial Payments and payments
on Promissory Notes) in the amount of $30,000,000 or more, exclusive of interest;
and

     (ii) The Company has received a written commitment or commitments for senior and
subordinated debt financing which, combined with the total amount of Payments deposited in escrow and funds from grants and other resources, would equal at least
$102,000,000.

     IN WITNESS WHEREOF, the undersigned hereby certifies he is duly authorized to execute
this notice on behalf of Ozark Ethanol, LLC.

	 	 	 	 	 	 	 
	 	 	OZARK ETHANOL, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 

 

 

EXHIBIT B

Compensation of Escrow Agent

     There are no charges associated with the handling of the Escrow Account as the Escrow Agent.
Fees for additional services will be charged accordingly.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]