Document:

exv10w7

 

EXHIBIT 10.7

EXECUTION VERSION

 

CREDIT AGREEMENT

among

RSC HOLDINGS II, LLC,

RSC HOLDINGS III, LLC,

RENTAL SERVICE CORPORATION,

RENTAL SERVICE CORPORATION OF CANADA LTD.,

EACH OTHER BORROWER PARTY HERETO,

VARIOUS LENDERS,

DEUTSCHE BANK AG, NEW YORK BRANCH,

as U.S. Administrative Agent and U.S. Collateral Agent,

DEUTSCHE BANK AG, CANADA BRANCH,

as Canadian Administrative Agent and Canadian Collateral Agent,

CITICORP NORTH AMERICA, INC.,

as Syndication Agent,

and

BANK OF AMERICA, N.A., LASALLE BUSINESS CREDIT, LLC and

WACHOVIA CAPITAL FINANCE CORPORATION (WESTERN),

as Co-Documentation Agents

Dated as of November 27, 2006

 

DEUTSCHE BANK SECURITIES INC.,

and

CITIGROUP GLOBAL MARKETS INC.,

as Joint Lead Arrangers and Joint Book Managers

 

 

 

Table of Contents

	 	 	 	 	 	 	 
	Section 1. Definitions	 	 	2	 
	 	 	 
	 	 	 	 
	1.1	 	Defined Terms 
	 	 	2	 
	1.2	 	Other Definitional Provisions 
	 	 	54	 
	 	 	 
	 	 	 	 
	Section 2. Amount and Terms of Commitments	 	 	54	 
	 	 	 
	 	 	 	 
	2.1	 	Initial Term Loans 
	 	 	54	 
	2.2	 	RCF Commitments 
	 	 	56	 
	2.3	 	Procedure for Borrowings 
	 	 	62	 
	2.4	 	Termination or Reduction of Commitments 
	 	 	63	 
	2.5	 	Swing Line Commitments 
	 	 	63	 
	2.6	 	Repayment of Loans 
	 	 	66	 
	2.7	 	Incremental Commitments 
	 	 	67	 
	 	 	 
	 	 	 	 
	Section 3. Letters of Credit	 	 	71	 
	 	 	 
	 	 	 	 
	3.1	 	L/C Commitment 
	 	 	71	 
	3.2	 	Procedure for Issuance of Letters of Credit 
	 	 	72	 
	3.3	 	Fees, Commissions and Other Charges 
	 	 	73	 
	3.4	 	L/C Participations 
	 	 	74	 
	3.5	 	Reimbursement Obligation of the Borrowers 
	 	 	75	 
	3.6	 	Obligations Absolute 
	 	 	76	 
	3.7	 	L/C Payments 
	 	 	76	 
	3.8	 	L/C Request 
	 	 	77	 
	3.9	 	Additional Issuing Lenders 
	 	 	77	 
	 	 	 
	 	 	 	 
	Section 4. General Provisions Applicable to Loans and Letters of Credit	 	 	77	 
	 	 	 
	 	 	 	 
	4.1	 	Interest Rates and Payment Dates 
	 	 	77	 
	4.2	 	Conversion and Continuation Options 
	 	 	79	 
	4.3	 	Minimum Amounts of Sets 
	 	 	80	 
	4.4	 	Optional and Mandatory Prepayments 
	 	 	80	 
	4.5	 	Commitment Fees; U.S. Administrative Agent’s Fee; Other Fees 
	 	 	85	 
	4.6	 	Computation of Interest and Fees 
	 	 	86	 
	4.7	 	Inability to Determine Interest Rate 
	 	 	90	 
	4.8	 	Pro Rata Treatment and Payments 
	 	 	91	 
	4.9	 	Illegality 
	 	 	94	 
	4.10	 	Requirements of Law 
	 	 	94	 
	4.11	 	Taxes 
	 	 	96	 
	4.12	 	Indemnity 
	 	 	100	 
	4.13	 	Certain Rules Relating to the Payment of Additional Amounts 
	 	 	101	 
	4.14	 	Controls on Prepayment if Aggregate Outstanding RCF Credit
Exceeds Aggregate RCF Commitments 
	 	 	103	 
	4.15	 	Canadian RCF Lenders 
	 	 	103	 
	4.16	 	Cash Receipts 
	 	 	104	 

 i

 

 

Tables of Contents

(continued)

	 	 	 	 	 	 	 
	Section 5. Representations and Warranties	 	 	108	 
	 
	5.1	 	Financial Condition 
	 	 	108	 
	5.2	 	No Change; Solvent 
	 	 	109	 
	5.3	 	Corporate Existence 
	 	 	109	 
	5.4	 	Corporate Power; Authorization; Consents; Enforceable Obligations
	 	 	109	 
	5.5	 	No Legal Bar 
	 	 	110	 
	5.6	 	No Material Litigation 
	 	 	110	 
	5.7	 	No Default 
	 	 	110	 
	5.8	 	Ownership of Property; Liens 
	 	 	110	 
	5.9	 	Intellectual Property 
	 	 	111	 
	5.10	 	Compliance With Requirements of Law and Contractual
Obligations 
	 	 	111	 
	5.11	 	Taxes 
	 	 	111	 
	5.12	 	Federal Regulations 
	 	 	111	 
	5.13	 	ERISA 
	 	 	111	 
	5.14	 	Collateral 
	 	 	112	 
	5.15	 	Investment Company Act; Other Regulations 
	 	 	113	 
	5.16	 	Subsidiaries 
	 	 	113	 
	5.17	 	Purpose of Loans 
	 	 	113	 
	5.18	 	Environmental Matters 
	 	 	113	 
	5.19	 	True and Correct Disclosure 
	 	 	114	 
	5.20	 	Delivery of the Recapitalization Agreement 
	 	 	115	 
	5.21	 	Certain Representations and Warranties Contained in the Recapitalization Agreement
	 	 	115	 
	5.22	 	Labor Matters 
	 	 	115	 
	5.23	 	Special Purpose Corporation 
	 	 	115	 
	5.24	 	Insurance 
	 	 	116	 
	5.25	 	Eligible Accounts and Eligible Unbilled Accounts 
	 	 	116	 
	5.26	 	Eligible Rental Fleet 
	 	 	116	 
	5.27	 	Eligible Inventory 
	 	 	116	 
	5.28	 	Anti-Terrorism 
	 	 	116	 
	5.29	 	Capitalization 
	 	 	116	 
	5.30	 	Rental Fleet; Business of the Credit Parties 
	 	 	117	 
	 	 	 
	 	 	 	 
	Section 6. Conditions Precedent	 	 	117	 
	 	 	 
	 	 	 	 
	6.1	 	Conditions to Initial Extension of Credit 
	 	 	117	 
	6.2	 	Conditions to Each Extension of Credit 
	 	 	123	 
	 	 	 
	 	 	 	 
	Section 7. Affirmative Covenants	 	 	124	 
	 	 	 
	 	 	 	 
	7.1	 	Financial Statements 
	 	 	124	 
	7.2	 	Certificates; Other Information 
	 	 	125	 
	7.3	 	Payment of Obligations 
	 	 	127	 
	7.4	 	Conduct of Business and Maintenance of Existence 
	 	 	127	 
	7.5	 	Maintenance of Property; Insurance 
	 	 	127	 
	7.6	 	Inspection of Property; Books and Records; Discussions 
	 	 	129	 

 ii

 

 

Tables of Contents

(continued)

	 	 	 	 	 	 	 
	7.7	 	Notices
	 	 	130	 
	7.8	 	Environmental Laws
	 	 	132	 
	7.9	 	New Subsidiaries; Additional Security; Further Assurances
	 	 	132	 
	7.10	 	Maintenance of New York Process Agent
	 	 	135	 
	 	 	 
	 	 	 	 
	Section 8. Negative Covenants	 	 	135	 
	 	 	 
	 	 	 	 
	8.1	 	Financial Condition Covenants
	 	 	135	 
	8.2	 	Limitation on Indebtedness
	 	 	136	 
	8.3	 	Limitation on Liens
	 	 	139	 
	8.4	 	Limitation on Guarantee Obligations
	 	 	142	 
	8.5	 	Limitation on Fundamental Changes
	 	 	144	 
	8.6	 	Limitation on Sale of Assets
	 	 	144	 
	8.7	 	Limitation on Dividends
	 	 	145	 
	8.8	 	Limitation on Investments, Loans and Advances
	 	 	148	 
	8.9	 	Limitations on Certain Acquisitions
	 	 	150	 
	8.10	 	Limitation on Transactions with Affiliates
	 	 	151	 
	8.11	 	Limitation on Sale and Leaseback Transactions
	 	 	153	 
	8.12	 	Limitation on Dispositions of Collateral
	 	 	153	 
	8.13	 	Limitation on Optional Payments and Modifications of Debt
Instruments and Other Documents
	 	 	153	 
	8.14	 	Limitation on Changes in Fiscal Year
	 	 	155	 
	8.15	 	Limitation on Negative Pledge Clauses
	 	 	155	 
	8.16	 	Limitation on Lines of Business
	 	 	155	 
	8.17	 	Limitations on Currency, Commodity and Other Hedging Transactions
	 	 	156	 
	 	 	 
	 	 	 	 
	Section 9. Events of Default	 	 	156	 
	 	 	 
	 	 	 	 
	Section 10. The Agents And The Lead Arrangers	 	 	161	 
	 	 	 
	 	 	 	 
	10.1	 	Appointment
	 	 	161	 
	10.2	 	Delegation of Duties
	 	 	162	 
	10.3	 	Exculpatory Provisions
	 	 	162	 
	10.4	 	Reliance by Agents
	 	 	163	 
	10.5	 	Notice of Default
	 	 	163	 
	10.6	 	Acknowledgements and Representations by Lenders
	 	 	164	 
	10.7	 	Indemnification
	 	 	164	 
	10.8	 	Agents and Lead Arrangers in Their Individual Capacity
	 	 	165	 
	10.9	 	Collateral Matters
	 	 	165	 
	10.10	 	Successor Agent
	 	 	166	 
	10.11	 	Lead Arrangers and Syndication Agent
	 	 	167	 
	10.12	 	Swing Line Lender
	 	 	167	 
	10.13	 	Withholding Tax
	 	 	167	 

 iii

 

 

Tables of Contents

(continued)

	 	 	 	 	 	 	 
	Section 11. Miscellaneous	 	 	168	 
	 	 	 
	 	 	 	 
	11.1	 	Amendments and Waivers
	 	 	168	 
	11.2	 	Notices
	 	 	170	 
	11.3	 	No Waiver; Cumulative Remedies
	 	 	172	 
	11.4	 	Survival of Representations and Warranties
	 	 	172	 
	11.5	 	Payment of Expenses and Taxes
	 	 	172	 
	11.6	 	Successors and Assigns; Participations and Assignments
	 	 	174	 
	11.7	 	Adjustments; Set-off; Calculations; Computations
	 	 	178	 
	11.8	 	Judgment Currency
	 	 	179	 
	11.9	 	Counterparts
	 	 	179	 
	11.10	 	Severability
	 	 	179	 
	11.11	 	Integration
	 	 	180	 
	11.12	 	GOVERNING LAW
	 	 	180	 
	11.13	 	Submission To Jurisdiction; Waivers
	 	 	180	 
	11.14	 	Acknowledgments
	 	 	181	 
	11.15	 	WAIVER OF JURY TRIAL
	 	 	182	 
	11.16	 	Confidentiality
	 	 	182	 
	11.17	 	USA Patriot Act Notice
	 	 	182	 
	11.18	 	INTERCREDITOR AGREEMENT
	 	 	183	 
	11.19	 	Special Provisions Regarding Pledges of Capital Stock in, and
Promissory Notes Owed by, Persons Not Organized in the U.S. or
Canada
	 	 	183	 
	11.20	 	Joint and Several Liability; Postponement of Subrogation
	 	 	184	 
	11.21	 	Reinstatement
	 	 	186	 
	11.22	 	Language
	 	 	186	 
	 	 	 
	 	 	 	 
	Section 12. Holdings Guaranty	 	 	186	 
	 	 	 
	 	 	 	 
	12.1	 	Guaranty
	 	 	186	 
	12.2	 	Bankruptcy
	 	 	187	 
	12.3	 	Nature of Liability
	 	 	187	 
	12.4	 	Independent Obligation
	 	 	188	 
	12.5	 	Amendments, etc. with respect to the Obligations
	 	 	188	 
	12.6	 	Reliance
	 	 	188	 
	12.7	 	No Subrogation
	 	 	189	 
	12.8	 	Waiver
	 	 	189	 
	12.9	 	Payments
	 	 	190	 
	12.10	 	Maximum Liability
	 	 	190	 

SCHEDULES

	 	 	 	 	 
	A

	 	—
	 	Commitments and Addresses
	B

	 	—
	 	Assumed Indebtedness
	C

	 	—
	 	Fiscal Periods
	D

	 	—
	 	Rental Fleet Locations
	4.16(a)

	 	—
	 	DDAs

 iv

 

 

Tables of Contents

(continued)

	 	 	 	 	 
	4.16(b)

	 	—
	 	Credit Card Arrangements
	4.16(c)

	 	—
	 	Blocked Accounts
	5.2

	 	—
	 	Material Adverse Effect Disclosure
	5.4

	 	—
	 	Consents Required
	5.8

	 	—
	 	Real Property
	5.9

	 	—
	 	Intellectual Property Claims
	5.16

	 	—
	 	Subsidiaries
	5.18

	 	—
	 	Environmental Matters
	5.24

	 	—
	 	Insurance
	6.1(e)

	 	—
	 	Closing Date Adjustments to EBITDA
	6.1(g)

	 	—
	 	Lien Searches
	8.3(j)

	 	—
	 	Permitted Liens
	8.4(a)

	 	—
	 	Permitted Guarantee Obligations
	8.6(j)

	 	—
	 	Permitted Asset Sales
	8.8(c)

	 	—
	 	Permitted Investments
	8.10(v)

	 	—
	 	Permitted Transactions with Affiliates
	8.11(b)

	 	—
	 	Sale and Leaseback Real Properties

EXHIBITS

	 	 	 	 	 
	A-1

	 	—
	 	Form of Initial Term Loan Note
	A-2

	 	—
	 	Form of Incremental Term Loan Note
	A-3

	 	—
	 	Form of RCF Note
	A-4

	 	—
	 	Form of Swing Line Note
	B

	 	—
	 	Form of Swing Line Loan Participation Certificate
	C

	 	—
	 	Form of Incremental Commitment Agreement
	D

	 	—
	 	Form of L/C Request
	E

	 	—
	 	Form of U.S. Tax Compliance Certificate
	F

	 	—
	 	Form of Intercreditor Agreement
	G-1

	 	—
	 	Form of Canadian Guarantee Agreement
	G-2

	 	—
	 	Form of U.S. Guarantee and Collateral Agreement
	G-3

	 	—
	 	Form of Canadian Security Agreement
	H

	 	—
	 	Form of Closing Certificate
	I

	 	—
	 	Form of Borrowing Certificate
	J

	 	—
	 	Form of Borrowing Base Certificate
	K

	 	—
	 	Form of Borrower Joinder Agreement
	L

	 	—
	 	Form of Intercompany Subordination Provisions
	M

	 	—
	 	Form of Assignment and Acceptance

 v

 

 

     CREDIT AGREEMENT, dated as of November 27, 2006, among RSC HOLDINGS
II, LLC, a Delaware limited liability company (“Holdings”), RSC HOLDINGS III,
LLC, a Delaware limited liability company (the “Parent Borrower”), RENTAL
SERVICE CORPORATION, an Arizona corporation (“RSC”), RENTAL SERVICE CORPORATION
OF CANADA LTD., a corporation incorporated and existing under the laws of the
Province of Alberta (“RSC Canada”), the several banks and other financial
institutions from time to time parties to this Agreement, DEUTSCHE BANK AG, NEW
YORK BRANCH, as U.S. administrative agent and U.S. collateral agent for the
Lenders hereunder (in such capacities, respectively, the “U.S. Administrative 
Agent” and the “U.S. Collateral Agent”), DEUTSCHE BANK AG, CANADA BRANCH, as
Canadian administrative agent and Canadian collateral agent for the Lenders
hereunder (in such capacities, respectively, the “Canadian Administrative Agent”
and the “Canadian Collateral Agent”), CITICORP NORTH AMERICA, INC. (“CNAI”), as
syndication agent (in such capacity, the “Syndication Agent”) and BANK OF
AMERICA, N.A., LASALLE BUSINESS CREDIT, LLC and WACHOVIA CAPITAL FINANCE
CORPORATION (WESTERN), as Co-Documentation Agents. All capitalized terms used
herein and defined in subsection 1.1 are used herein as therein defined.

     The parties hereto hereby agree as follows:

W I T N E S S E T H:

     WHEREAS, Holdings and the Parent Borrower are newly-formed companies
organized by Atlas Copco North America, Inc., a Delaware corporation (“ACNA”),
at the direction of Affiliates of Ripplewood Partners II, L.P. (“Ripplewood”)
and Oak Hill Capital Partners II, L.P. (“Oak Hill” and, together with
Ripplewood, the “Sponsors” and each a “Sponsor”) or any of their respective
Affiliates;

     WHEREAS, as a result of the consummation of the transactions
contemplated in the Recapitalization Agreement, dated as of October 6, 2006 (as
the same may be amended, modified and/or supplemented from time to time in
accordance with the terms hereof and thereof, the “Recapitalization Agreement”),
among Atlas Copco AB and Atlas Copco Finance S.à.r.l., as the sellers, RSC
Acquisition, LLC, a Delaware limited liability company, RSC Acquisition II, LLC,
a Delaware limited liability company, OHCP II RSC, LLC, a Delaware limited
liability company, OHCMP II RSC, LLC, a Delaware limited liability company, and
OHCP II RSC COI, LLC, a Delaware limited liability company, as the investors,
and ACNA, (i) such investors shall acquire (the “Recapitalization”)
approximately 85% of the outstanding Capital Stock of ACNA, (ii) ACNA will hold
(indirectly) 100% of the Capital Stock of Holdings, (iii) Holdings shall own
100% of the outstanding Capital Stock of the Parent Borrower and (iv) the Parent
Borrower shall own 100% of the outstanding Capital Stock of RSC;

     WHEREAS, in connection with the Recapitalization and prior to the
Closing Date, ACNA shall have (i) formed RSC Holdings I, LLC, a Delaware limited
liability company, (“RSC LLC I”) and contributed to it all of the outstanding
stock of RSC, (ii) caused RSC LLC I to form Holdings and contribute to Holdings
all of the outstanding stock of RSC and (iii) caused Holdings to form the Parent
Borrower and contribute to the Parent Borrower all of the outstanding capital
stock of RSC;

 

 

     WHEREAS, ACNA will receive a direct or indirect cash investment from
the Sponsors and/or one or more Affiliates of either Sponsor and (if so
determined by the Sponsors) one or both of the Sellers and/or one or more
affiliates of the Sellers and (if so determined by the Sponsors) one or more
other investors in an aggregate amount of at least $500,000,000 in accordance
with the provisions of the Recapitalization Agreement (the “Equity Financing”);

     WHEREAS, the Parent Borrower and RSC will obtain a second-lien term
loan facility (the “Second-Lien Term Facility”), under which the Parent Borrower
and RSC shall obtain second-lien term loans (as further defined in subsection
1.1, the “Second-Lien Term Loans”) in an initial aggregate principal amount of
$1,130,000,000;

     WHEREAS, the Parent Borrower and RSC will co-issue $620,000,000 in aggregate principal amount
of senior unsecured notes; and

     WHEREAS, in order to (i) fund a portion of the Transaction, (ii) pay
certain fees and expenses related to the Transaction and (iii) finance the
working capital and other business requirements and other general corporate
purposes of the Parent Borrower and its Subsidiaries following the consummation
of the Transaction, the U.S. Borrowers and the Canadian Borrowers have requested
that the Lenders make the Loans and issue and participate in the Letters of
Credit provided for herein;

     NOW, THEREFORE, in consideration of the premises and the mutual
agreements contained herein, the parties hereto agree as follows:

     Section 1. Definitions.

     1.1 Defined Terms. As used in this Agreement, the following terms
shall have the following meanings:

     “ABR”: for any day, a rate per annum (rounded upwards, if necessary,
to the next 1/16 of 1%) equal to the greater of (a) the Prime Rate in effect on
such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2
of 1%. For purposes hereof: “Prime Rate” shall mean the rate of interest per
annum publicly announced from time to time by the U.S. Administrative Agent (or
another bank of recognized standing reasonably selected by the U.S.
Administrative Agent and reasonably satisfactory to the Parent Borrower) as its
prime rate in effect at its principal office in New York City (the Prime Rate
not being intended to be the lowest rate of interest charged by the U.S.
Administrative Agent in connection with extensions of credit to debtors).
“Federal Funds Effective Rate” shall mean, for any day, the weighted average of
the rates on overnight federal funds transactions with members of the Federal
Reserve System arranged by federal funds brokers, as published on the next
succeeding Business Day by the Federal Reserve of New York, or, if such rate is
not so published for any day which is a Business Day, the average of the
quotations for the day of such transactions received by the U.S. Administrative
Agent from three federal funds brokers of recognized standing selected by it.
Any change in the ABR due to a change in the Prime Rate or the Federal Funds
Effective Rate shall be effective as of the opening of business on the effective
day of such change in the Prime Rate or the Federal Funds Effective Rate,
respectively.

2

 

     “ABR Loans”: Loans the rate of interest applicable to which is based
upon the ABR or, with respect to Canadian RCF Loans, the Canadian Prime Rate.

     “Acceleration”: as defined in subsection 9(e).

     “Account Debtor”: each Person who is obligated on an Account, chattel
paper or a General Intangible.

     “Accounts”: as defined in the UCC or (to the extent governed thereby)
the PPSA as in effect from time to time or (to the extent governed by the Civil
Code of Québec) defined as all “claims” for the purposes of the Civil Code of
Québec; and, with respect to any Person, all such Accounts of such Person,
whether now existing or existing in the future, including (a) all accounts
receivable of such Person (whether or not specifically listed on schedules
furnished to the U.S. Administrative Agent), including all accounts created by
or arising from all of such Person’s sales of goods or rendition of services
made under any of its trade names, or through any of its divisions, (b) all
unpaid rights of such Person (including rescission, replevin, reclamation and
stopping in transit) relating to the foregoing or arising therefrom, (c) all
rights to any goods represented by any of the foregoing, including returned or
repossessed goods, (d) all reserves and credit balances held by such Person with
respect to any such accounts receivable of any Obligors, (e) all letters of
credit, guarantees or collateral for any of the foregoing and (f) all insurance
policies or rights relating to any of the foregoing.

     “ACNA”: as defined in the Recitals hereto.

     “Additional Commitment Lender”: as defined in subsection 2.7.

     “Adjustment Date”: each date after June 30, 2007 that is the second
Business Day following receipt by the Lenders of both (a) the financial
statements required to be delivered pursuant to subsection 7.1(a) or 7.1(b), as
applicable, for the most recently completed fiscal period and (b) the related
compliance certificate required to be delivered pursuant to subsection 7.2(b)
with respect to such fiscal period.

     “Administrative Agent”: the U.S. Administrative Agent and/or the
Canadian Administrative Agent, as the context may require.

     “Affected Loans”: as defined in subsection 4.9.

     “Affected Rate”: as defined in subsection 4.7.

     “Affiliate”: as to any Person, any other Person (other than a
Subsidiary) which, directly or indirectly, is in control of, is controlled by,
or is under common control with, such Person. For purposes of this definition,
“control” of a Person means the power, directly or indirectly, either to (a)
vote 20% or more of the securities having ordinary voting power for the election
of directors of such Person or (b) direct or cause the direction of the
management and policies of such Person, whether by contract or otherwise.

     “Agent Advance”: as defined in subsection 2.2(d).

3

 

     “Agent Advance Period”: as defined in subsection 2.2(d).

     “Agents”: the collective reference to the U.S. Administrative Agent,
the U.S. Collateral Agent, the Canadian Administrative Agent and the Canadian
Collateral Agent.

     “Aggregate Canadian RCF Lender Exposure”: the sum of (a) the aggregate
principal amount of all Canadian RCF Loans (using the Dollar Equivalent thereof
in the case of Canadian RCF Loans denominated in Canadian Dollars) then
outstanding and (b) the aggregate amount of all Canadian RCF L/C Obligations
(using the Dollar Equivalent thereof in the case of Canadian RCF L/C Obligations
denominated in Canadian Dollars) at such time.

     “Aggregate Outstanding RCF Credit”: as to any RCF Lender at any time,
an amount equal to the sum of (a) the aggregate principal amount of all RCF
Loans made by such RCF Lender then outstanding, (b) the aggregate amount equal
to such RCF Lender’s U.S. RCF Commitment Percentage or Canadian RCF Commitment
Percentage, as applicable, of the U.S. RCF L/C Obligations or the Canadian RCF
L/C Obligations, respectively, then outstanding and (c) the aggregate amount
equal to such RCF Lender’s U.S. RCF Commitment Percentage, if any, of the Swing
Line Loans then outstanding.

     “Aggregate U.S. RCF Lender Exposure”: the sum of (a) the aggregate
principal amount of all U.S. RCF Loans then outstanding, (b) the aggregate
amount of all U.S. RCF L/C Obligations at such time and (c) the aggregate
principal amount of the Swing Line Loans then outstanding.

     “Agreement”: this Credit Agreement, as amended, supplemented, waived
or otherwise modified, from time to time.

     “Applicable Margin”: the rate per annum determined as follows: (i) in
the case of Initial Term Loans maintained as ABR Loans, 0.75% and in the case of
Initial Term Loans maintained as Eurocurrency Loans, 1.75%, (ii) during the
period from the Closing Date until the first Adjustment Date, in the case of RCF
Loans, maintained as (x) ABR Loans (including Swing Line Loans), 0.75% per
annum, (y) Eurocurrency Loans, 1.75% per annum, and (z) Bankers’ Acceptance
Loans, 1.75% per annum; and (iii) in the case of any Tranche of Incremental Term
Loans, except as otherwise provided in subsection 2.7(e), the respective
percentages per annum applicable to the Initial Term Loans set forth in clause
(i) above; provided, however, that if agreed otherwise in accordance with
subsection 2.7(e), the Applicable Margin for such Incremental Term Loans shall
be as provided in the respective Incremental Commitment Agreement pursuant to
which such Incremental Term Loans have been provided. The Applicable Margins for
(x) RCF Loans (including Swing Line Loans) will be adjusted on each subsequent
Adjustment Date to the applicable rate per annum set forth under the heading
“Applicable Margin for RCF Loans maintained as ABR Rate ABR Loans and Swing Line
Loans”, “Applicable Margin for RCF Loans maintained as Canadian Prime Rate ABR
Loans”, or “Applicable Margin for RCF Loans maintained as Eurocurrency Loans and
Bankers’ Acceptance Loans”, in each case on the applicable Pricing Grid which
corresponds to the Consolidated Leverage Ratio determined from the financial
statements and compliance certificate relating to the end of the fiscal quarter
immediately preceding such Adjustment Date; provided that in the event that the
financial statements required to be delivered pursuant to subsection 7.1(a) or

4

 

7.1(b), as applicable, and the related compliance certificate required to be
delivered pursuant to subsection 7.2(b), are not delivered when due, then:

     (1) if such financial statements and certificate are delivered after
the date such financial statements and certificate were required to be
delivered (without giving effect to any applicable cure period) and the
Applicable Margin increases from that previously in effect as a result of
the delivery of such financial statements, then the Applicable Margin
during the period from the date upon which such financial statements were
required to be delivered (without giving effect to any applicable cure
period) until the date upon which they actually are delivered shall, except
as otherwise provided in clause (3) below, be the Applicable Margin as so
increased;

     (2) if such financial statements and certificate are delivered after
the date such financial statements and certificate were required to be
delivered and the Applicable Margin decreases from that previously in
effect as a result of the delivery of such financial statements, then such
decrease in the Applicable Margin shall not become applicable until the
date upon which the financial statements and certificate actually are
delivered; and

     (3) if such financial statements and certificate are not delivered
prior to the expiration of the applicable cure period, then, effective upon
such expiration, for the period from the date upon which such financial
statements and certificate were required to be delivered (after the
expiration of the applicable cure period) until two Business Days following
the date upon which they actually are delivered, the Applicable Margin
shall be 1.00% per annum, in the case of ABR Loans, 2.00% per annum, in the
case of Eurocurrency Loans and 2.00% per annum, in the case of Bankers’
Acceptance Loans (it being understood that the foregoing shall not limit
the rights of the Agents and the Lenders set forth in Section 9).

In addition, at all times while an Event of Default known to the Parent Borrower
shall have occurred and be continuing, the Applicable Margin shall not decrease
from that previously in effect as a result of the delivery of such financial
statements and certificate.

          “Approved Fund”: any Person (other than a natural person) that is
engaged in making, purchasing, holding or investing in bank loans and similar
extensions of credit in the ordinary course and that is administered or managed
by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate
of an entity that administers or manages a Lender.

          “Asset Sale”: any sale, issuance, conveyance, transfer, lease or other
disposition (including through a Sale and Leaseback Transaction) (a
“Disposition”) by Holdings or any of its Subsidiaries (other than sales of
Inventory or Equipment in the ordinary course of business), in one or a series
of related transactions, of any real or personal, tangible or intangible,
property (including Capital Stock) of Holdings or such Subsidiary to any Person.

          “Assignee”: as defined in subsection 11.6(b).

          “Assignment and Acceptance”: an Assignment and Acceptance,
substantially in the form of Exhibit M.

5

 

     “Assumed Indebtedness”: existing Indebtedness of the Recapitalized
Business identified on Schedule B, which will not be repaid in connection with
the Transaction.

     “Availability Reserves”: without duplication of any other reserves or
items that are otherwise addressed or excluded through eligibility criteria,
such reserves, subject to subsection 2.2(c), as the respective Administrative
Agent, in its Permitted Discretion, determines as being appropriate to reflect
any impediments to the realization upon the Collateral consisting of Eligible
Accounts, Eligible Unbilled Accounts, Eligible Rental Fleet or Eligible
Inventory included in the U.S. Borrowing Base or Canadian Borrowing Base
(including claims that the Agents determine will need to be satisfied in
connection with the realization upon such Collateral).

     “Available Canadian RCF Commitment”: as to any Canadian RCF Lender at
any time, an amount equal to the excess, if any, of (a) the lesser of (i) the
amount of such Canadian RCF Lender’s Canadian RCF Commitment at such time and
(ii) the sum of (A) the amount equal to such Canadian RCF Lender’s Canadian RCF
Commitment Percentage of the Canadian Borrowing Base and (B) the amount equal to
such Canadian RCF Lender’s Canadian RCF Commitment Percentage of the U.S.
Borrowing Base over (b) the sum of (i) the aggregate unpaid principal amount at
such time of all Canadian RCF Loans made by such Canadian RCF Lender (or any
Non-Canadian Affiliate of such Canadian RCF Lender) and (ii) an amount equal to
such Canadian RCF Lender’s Canadian RCF Commitment Percentage of the outstanding
Canadian RCF L/C Obligations at such time; collectively, as to all the Canadian
RCF Lenders, the “Available Canadian RCF Commitments”.

     “Available RCF Commitment”: without duplication of amounts calculated
thereunder, the Available Canadian RCF Commitments and the Available U.S. RCF
Commitments.

     “Available U.S. RCF Commitment”: as to any U.S. RCF Lender at any
time, an amount equal to the excess, if any, of (a) the lesser of (i) the amount
of such U.S. RCF Lender’s U.S. RCF Commitment at such time and (ii) the amount
equal to such U.S. RCF Lender’s U.S. RCF Commitment Percentage of the U.S.
Borrowing Base over (b) the sum of (i) the aggregate unpaid principal amount at
such time of all U.S. RCF Loans made by such U.S. RCF Lender, (ii) the amount
equal to such U.S. RCF Lender’s U.S. RCF Commitment Percentage of the aggregate
unpaid principal amount at such time of all Swing Line Loans, provided that for
purposes of calculating Available RCF Commitments pursuant to subsection 4.5(a)
such amount under this clause (ii) shall be zero, (iii) the amount equal to such
U.S. RCF Lender’s U.S. RCF Commitment Percentage of the outstanding U.S. RCF L/C
Obligations at such time, (iv) the amount equal to such U.S. RCF Lender’s U.S.
RCF Commitment Percentage of the amount by which all Extensions of Credit to the
Canadian Borrowers exceed the Canadian Borrowing Base, (v) the amount equal to
such U.S. RCF Lender’s U.S. RCF Commitment Percentage of the amount of all
Canadian RCF Loans made to the U.S. Borrowers and (vi) the amount equal to such
U.S. RCF Lender’s U.S. RCF Commitment Percentage of the outstanding Extensions
of Credit to Canadian Finco; collectively, as to all the U.S. RCF Lenders, the
“Available U.S. RCF Commitments”.

6

 

     “Average RCF Loan Utilization”: on each date on which the Commitment
Fee is being calculated, the average of the daily quotient of (i) the sum of (x)
the Aggregate Canadian RCF Lender Exposure plus (y) the Aggregate U.S. RCF
Lender Exposure (excluding any Aggregate U.S. RCF Lender Exposure resulting from
any outstanding Swing Line Loans) calculated on each date of the three-month
period immediately preceding such date, divided by (ii) the sum of (x) the Total
Canadian RCF Commitments plus (y) the Total U.S. RCF Commitments, in each case
on each such date.

     “BA Fee”: the amount calculated by multiplying the face amount of each
Bankers’ Acceptance accepted by, and each Draft purchased but not accepted by, a
Canadian Lender hereunder by the rate for the BA Fee specified in the Pricing
Grid, and then multiplying the result by a fraction, the numerator of which is
the duration of its term on the basis of the actual number of days to elapse
from and including the date of acceptance of a Bankers’ Acceptance, or date of
purchase of such Draft, by the Canadian Lender up to but excluding the maturity
date of the Bankers’ Acceptance and the denominator of which is 365.

     “B/A Instruments”: collectively, Bankers’ Acceptances, Drafts and
Discount Notes and, in the singular, any one of them.

     “BA Proceeds”: in respect of any Bankers’ Acceptance to be accepted
by, or any Draft to be purchased but not accepted by, a Canadian Lender
hereunder, an amount calculated on the applicable Borrowing Date which is
(rounded to the nearest full cent, with one half of one cent being rounded up)
equal to the face amount of such Bankers’ Acceptance multiplied by the price,
where the price is calculated by dividing one by the sum of one plus the product
of (i) the BA Rate applicable thereto expressed as a decimal fraction multiplied
by (ii) a fraction, the numerator of which is the term of such Bankers’
Acceptance and the denominator of which is 365, which calculated price will be
rounded to the nearest multiple of 0.001%.

     “BA Rate”: with respect to an issue of Bankers’ Acceptances or Drafts
in Canadian Dollars with the same maturity date, (a) for a Schedule I Lender,
(i) the arithmetic average of the rates applicable to bankers’ acceptances
having an identical or comparable term as the proposed Bankers’ Acceptance or
Draft displayed and identified as such on the display referred to as the “CDOR
Page” (or any display substituted therefor) of Reuter Monitor Money Rates
Service as at or about 10:00 A.M. on such day (or, if such day is not a Business
Day, as of 10:00 A.M. on the immediately preceding Business Day), or (ii) if
such rates do not appear on the CDOR Page at such time and on such date, the
rate for such date will be the annual discount rate (rounded upward to the
nearest whole multiple of 1/100 of 1%) as of 10:00 A.M. on such day at which
such Lender is then offering to purchase Bankers’ Acceptances accepted by it
having such specified term (or a term as closely as possible comparable to such
specified term), and (b) for a Lender which is not a Schedule I Lender, the
lesser of (i) the arithmetic average of the annual discount rates for bankers’
acceptances for such term quoted by such Lender at or about 10:00 A.M. and (ii)
the annual discount rate applicable to Bankers’ Acceptances and Drafts as
determined for the Schedule I Lender in (a) above for the same Bankers’
Acceptances issue plus 10 basis points.

     “Bankers’ Acceptance”: a Draft drawn by a Canadian Borrower and
accepted by a Canadian Lender pursuant to subsection 4.6(c)(iv).

7

 

     “Bankers’ Acceptance Loans”: (i) the creation and acceptance of
Bankers’ Acceptances; or (ii) the creation and purchase of completed Drafts and
the exchange of such Drafts for Discount Notes, in each case as contemplated in
subsection 2.2(b) and subsection 4.6(c)(iv).

     “Benefited Lender”: as defined in subsection 11.7(a).

     “Blocked Account Agreement”: as defined in subsection 4.16(c).

     “Blocked Accounts”: as defined in subsection 4.16(c).

     “Board”: the Board of Governors of the Federal Reserve System.

     “Borrower Joinder Agreement”: a Joinder Agreement in the form of
Exhibit K.

     “Borrowers”: the U.S. Borrowers, the Canadian Borrowers and from and
after such date as when it executes and delivers to the Administrative Agent a
Borrower Joinder Agreement, Canadian Finco.

     “Borrowing”: the borrowing of one Type of Loan of a single Tranche by
the U.S. Borrowers (on a joint and several basis), the Canadian Borrowers (on a
joint and several basis) or Canadian Finco, from all the Lenders having
Commitments of the respective Tranche on a given date (or resulting from a
conversion or conversions on such date) having in the case of Eurocurrency Loans
the same Interest Period and, in the case of Bankers’ Acceptance Loans, the same
term to maturity.

     “Borrowing Base”: the U.S. Borrowing Base, the Canadian Borrowing Base
and/or the Total Borrowing Base, as the context may require.

     “Borrowing Base Certificate”: as defined in subsection 7.2(f).

     “Borrowing Date”: any Business Day specified in a notice pursuant to
subsection 2.3, 2.7 or 3.2 as a date on which the Parent Borrower or any other
Borrower requests the Lenders to make Loans hereunder or an Issuing Lender to
issue Letters of Credit hereunder.

     “Business Day”: a day other than a Saturday, Sunday or other day on
which commercial banks in New York, New York (or, with respect only to Loans
made by a Canadian Lender and Letters of Credit issued by an Issuing Lender not
located in the City of New York, the location of such Canadian Lender or such
Issuing Lender) are authorized or required by law to close, except that, when
used in connection with a Eurocurrency Loan, “Business Day” shall mean, in the
case of any Eurocurrency Loan in Dollars, any Business Day on which dealings in
Dollars between banks may be carried on in London, England and New York, New
York.

     “Canadian Administrative Agent”: as defined in the Preamble and shall
include any successor to the Canadian Administrative Agent appointed pursuant to
subsection 10.10.

     “Canadian Blocked Account”: as defined in subsection 4.16(c).

8

 

     “Canadian Borrower Unpaid Drawing”: drawings on Canadian RCF Letters
of Credit that have not been reimbursed by the applicable Canadian Borrower.

     “Canadian Borrowers”: RSC Canada and any other entity that becomes a
Borrower pursuant to subsection 7.9(c) and which is incorporated or organized in
Canada or a province thereof, together with their respective successors and
assigns. For the avoidance of doubt, Canadian Finco shall not be a Canadian
Borrower for the purposes of this Agreement.

     “Canadian Borrowing Base”: as of any date of determination, the result
of, in each case using the Dollar Equivalent of all amounts in Canadian Dollars:

     (a) 85% of the amount of Eligible Canadian Accounts, plus

     (b) 85% of the amount of Eligible Unbilled Accounts owned by the
Canadian Loan Parties (not to exceed 50% of the amount calculated under
clause (a) above), plus

     (c) (i) 50% of the Value of Eligible Canadian Inventory, or (ii) if
the amount calculated pursuant to preceding clause (i) is greater than 5.0%
of the Canadian Borrowing Base, the lesser of (A) the amount calculated
pursuant to preceding clause (i), and (B) 85% of the Net Orderly
Liquidation Value of Eligible Canadian Inventory, plus

     (d) the lesser of:

     (i) 95% times the net book value of the Eligible Canadian Rental
Fleet, and

     (ii) 85% times the Net Orderly Liquidation Value of the Eligible
Canadian Rental Fleet, minus

     (e) the amount of all Availability Reserves related to the Canadian RC Facility, minus

     (f) the Canadian Borrowers’ and the Qualified Canadian Subsidiary
Guarantors’ aggregate exposure under Interest Rate Protection Agreements
and Permitted Hedging Arrangements, as reasonably determined by the U.S.
Administrative Agent (x) based on the mark-to-market value(s) for such
Interest Rate Protection Agreements and Permitted Hedging Agreements
(determined based upon one or more mid-market or other readily available
quotations provided by any recognized dealer in such Interest Rate
Protection Agreements and Permitted Hedging Agreements) or (y) at the U.S.
Administrative Agent’s sole discretion, in another manner acceptable to the
Parent Borrower.

          “Canadian Collateral Agent”: as defined in the Preamble.

          “Canadian Dollars”: the lawful currency of Canada, as in effect from
time to time.

9

 

     “Canadian Finco”: a special purpose company having unlimited liability
organized under the laws of Canada or a province thereof, 100% of the Capital
Stock of which is owned by RSC.

     “Canadian Guarantee Agreement”: collectively, the Canadian Guarantee
Agreements to be executed and delivered by each Canadian Loan Party to and in
favor of the Canadian Administrative Agent, the Canadian Collateral Agent and
the Lenders substantially in the form of Exhibit G-1, as the same may be
amended, supplemented, waived or otherwise modified from time to time.

     “Canadian Lender”: (i) each Canadian RCF Lender that is a Canadian
Resident listed on Schedule A or the Subsidiary or Affiliate of such Canadian
RCF Lender that is a Canadian Resident and that is a Lender listed on Schedule 
A, and (ii) each additional Person that becomes a Canadian RCF Lender party
hereto in accordance with the provisions hereof that is a Canadian Resident. A
Canadian Lender shall cease to be a “Canadian Lender” when it has assigned all
of its Canadian RCF Commitment in accordance with subsection 11.6 (or its
related Canadian RCF Lender has assigned all of its Canadian RCF Commitment
pursuant to subsection 11.6). For purposes of this Agreement, the term “Lender”
includes each Canadian Lender unless the context otherwise requires.

     “Canadian Loan Parties”: the Canadian Borrowers and each Canadian
Subsidiary Guarantor.

     “Canadian Prime Rate”: the greater of (a) rate of interest publicly
announced from time to time by the Canadian Administrative Agent as its
reference rate of interest for loans made in Canadian Dollars to Canadian
customers and designed as its “prime” rate and (b) the average discount rate for
one-month Canadian Dollar bankers’ acceptances (expressed for such purposes as a
yearly rate per annum) which is shown on the “CDOR Page” (or any substitute) at
10:00 A.M. (Toronto time) on such day (or if not a Business Day, the preceding
Business Day), plus 0.75% per annum. Any change in the Canadian Prime Rate due
to a change in the Canadian Administrative Agent’s prime rate shall be effective
on the effective date of such change in the Canadian Administrative Agent’s
prime rate.

     “Canadian Priority Payables”: at any time, with respect to the
Canadian Borrowers and Canadian Subsidiary Guarantors:

     (a) the amount past due and owing by such Person, or the accrued
amount for which such Person has an obligation to remit to a Governmental
Authority or other Person pursuant to any applicable law, rule or
regulation, in respect of (i) pension fund obligations; (ii) unemployment
insurance; (iii) goods and services taxes, sales taxes, employee income
taxes and other taxes payable or to be remitted or withheld; (iv) workers’
compensation; (v) vacation pay; and (vi) other like charges and demands; in
each case, in respect of which any Governmental Authority or other Person
may claim a security interest, lien, trust or other claim ranking or
capable of ranking in priority to or pari passu with one or more of the
Liens granted in the Security Documents; and

10

 

     (b) the aggregate amount of any other liabilities of such Person (i)
in respect of which a trust has been or may be imposed on any Collateral to
provide for payment or (ii) which are secured by a security interest,
pledge, lien, charge, right or claim on any Collateral, in each case,
pursuant to any applicable law, rule or regulation and which trust,
security interest, pledge, lien, charge, right or claim ranks or is capable
of ranking in priority to or pari passu with one or more of the Liens
granted in the Security Documents.

     “Canadian RC Facility”: the revolving credit facility available to the
Canadian Borrowers, the U.S. Borrowers and Canadian Finco hereunder pursuant to
subsection 2.2(b).

     “Canadian RCF Commitment”: with respect to each Canadian RCF Lender,
the commitment of such Canadian RCF Lender hereunder to make Extensions of
Credit to the Borrowers in the amount set forth opposite its name on Schedule A
hereto or as may subsequently be set forth in the Register from time to time.

     “Canadian RCF Commitment Percentage”: of any Canadian RCF Lender at
any time shall be that percentage which is equal to a fraction (expressed as a
percentage) the numerator of which is the Canadian RCF Commitment of such
Canadian RCF Lender at such time and the denominator of which is the Total
Canadian RCF Commitment at such time, provided that if any such determination is
to be made after the Total Canadian RCF Commitment (and the related Canadian RCF
Commitments of the Lenders) has (or have) terminated, the determination of such
percentages shall be made immediately before giving effect to such termination.

     “Canadian RCF Issuing Lender”: as the context may require, (i) DBCB or
(ii) any Canadian RCF Lender (and/or any Affiliate of such Canadian RCF Lender
designated by it that is a Canadian RCF Lender) which, at the request of a
Canadian Borrower and with the consent of the Canadian Administrative Agent
(such consent not to be unreasonably withheld or delayed), agrees, in such
Canadian RCF Lender’s (or Affiliate’s) sole discretion, to also become a
Canadian RCF Issuing Lender for the purpose of issuing Canadian RCF Letters of
Credit.

     “Canadian RCF L/C Obligations”: at any time, an amount equal to the
sum of (a) the aggregate then undrawn and unexpired amount of the then
outstanding Canadian RCF Letters of Credit and (b) the aggregate amount of
drawings under Canadian RCF Letters of Credit which have not then been
reimbursed pursuant to subsection 3.5(a).

     “Canadian RCF L/C Participants”: the Canadian RCF Lenders (including
any Non-Canadian Affiliate, as applicable).

     “Canadian RCF Lender”: each Lender which has a Canadian RCF Commitment
(without giving effect to any termination of the Total Canadian RCF Commitment
if there are any outstanding Canadian RCF L/C Obligations) or which has (or has
any Non-Canadian Affiliate which has) any outstanding Canadian RCF Loans (or a
Canadian RCF Commitment Percentage in any then outstanding Canadian RCF L/C
Obligations). Unless the context otherwise requires, each reference in this
Agreement to a Canadian RCF Lender includes each Canadian RCF Lender and shall
include references to any Affiliate of any such Lender

11

 

(including any Non-Canadian Affiliate, as applicable) which is acting as a
Canadian RCF Lender.

     “Canadian RCF Letters of Credit”: Letters of Credit issued by the
Canadian RCF Issuing Lender to, or for the account of, the Borrowers, pursuant
to subsection 3.1.

     “Canadian RCF Loan”: as defined in subsection 2.2(b).

     “Canadian Resident”: (a) a person resident in Canada for purposes of
the Income Tax Act (Canada) as in effect on the date such Lender becomes a
Lender hereunder, (b) an authorized foreign bank which at all times holds all of
its interest in any obligations owed by the Canadian Borrowers or Canadian Finco
hereunder in the course of its Canadian banking business for purposes of
subsection 212(13.3) of the Income Tax Act (Canada) as in effect on the date
such Lender becomes a Lender hereunder or (c) any Lender with respect to which
payments to such Lender of interest, fees, commission or any other amount
payable by any Canadian Borrower or Canadian Finco under the Loan Documents are
not subject to any Non-Excluded Taxes imposed by Canada or any political
subdivision or taxing authority thereof or therein and that is able to establish
to the satisfaction of the Canadian Administrative Agent and the Canadian
Borrowers or Canadian Finco that, based on applicable law in effect on the date
such Lender becomes a Lender, any such payments to or for the benefit of such
Lender are not subject to the withholding or deduction of any such Non-Excluded
Taxes.

     “Canadian Secured Parties”: the “Secured Parties” as defined in the
Canadian Security Agreement.

     “Canadian Security Agreement”: collectively, the Canadian security
agreements to be executed and delivered by each Canadian Loan Party to and in
favor of the Canadian Collateral Agent as of the date hereof, substantially in
the form of Exhibit G-3 in each case, as the same may be amended, supplemented,
waived or otherwise modified from time to time.

     “Canadian Security Documents”: the collective reference to the
Canadian Guarantee Agreement, the Canadian Security Agreement and all other
similar security documents hereafter delivered to the U.S. Collateral Agent or
the Canadian Collateral Agent granting or perfecting a Lien on any asset or
assets of any Person to secure the obligations and liabilities of the Canadian
Loan Parties hereunder and/or under any of the other Loan Documents or to secure
any guarantee of any such obligations and liabilities, including any security
documents executed and delivered or caused to be delivered to the U.S.
Collateral Agent or the Canadian Collateral Agent pursuant to subsection 7.9(a),
7.9(b) or 7.9(c), in each case, as amended, supplemented, waived or otherwise
modified from time to time.

     “Canadian Subsidiary”: each Subsidiary of Parent Borrower that is
incorporated or organized under the laws of Canada or any province thereof.

     “Canadian Subsidiary Guarantor”: each Canadian Subsidiary of any
Canadian Borrower which executes and delivers the Canadian Guarantee Agreement,
in each case, unless and until such time as the respective Canadian Subsidiary
Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or
is released from all of its obligations under the Canadian Guarantee Agreement
in accordance with the terms and provisions thereof.

12

 

     “Capital Expenditures”: with respect to any Person for any period, the
sum of (a) the aggregate of all expenditures by such Person and its consolidated
Subsidiaries during such period (exclusive of expenditures made (i) for
investments permitted by subsection 8.8 and (ii) for acquisitions permitted by
subsection 8.9) which, in accordance with GAAP, are or should be included in
“capital expenditures,” including, any such expenditures made for purchases of
Rental Fleet, net of (b) proceeds received by the Parent Borrower or any of its
Subsidiaries from Dispositions of (x) property, plant and equipment and (y)
Rental Fleet during such period.

     “Capital Stock”: any and all shares, interests, participations or
other equivalents (however designated) of capital stock of a corporation, any
and all equivalent ownership interests in a Person (other than a corporation)
and any and all warrants or options to purchase any of the foregoing.

     “Cash Equivalents”: (a) securities issued or fully guaranteed or
insured by the United States government or Canadian government or any agency or
instrumentality thereof, (b) time deposits, certificates of deposit or bankers’
acceptances of (i) any Lender or Affiliate thereof or (ii) any commercial bank
having capital and surplus in excess of $500,000,000 and the commercial paper of
the holding company of which is rated at least A-2 or the equivalent thereof by
Standard & Poor’s Ratings Group (a division of The McGraw Hill Companies Inc.)
or any successor rating agency (“S&P”) or at least P-2 or the equivalent thereof
by Moody’s Investors Service, Inc. or any successor rating agency (“Moody’s”)
(or if at such time neither is issuing ratings, then a comparable rating of such
other nationally recognized rating agency as shall be approved by the U.S.
Administrative Agent in its reasonable judgment), (c) commercial paper rated at
least A-2 or the equivalent thereof by S&P or at least P-2 or the equivalent
thereof by Moody’s (or if at such time neither is issuing ratings, then a
comparable rating of such other nationally recognized rating agency as shall be
approved by the U.S. Administrative Agent in its reasonable judgment), (d)
investments in money market funds complying with the risk limiting conditions of
Rule 2a-7 or any successor rule of the Securities and Exchange Commission under
the Investment Company Act, and (e) investments similar to any of the foregoing
denominated in foreign currencies approved by the board of directors of the
Parent Borrower, in each case provided in clauses (a), (b), (c) and (e) above
only, maturing within twelve months after the date of acquisition.

     “CERCLA”: the Comprehensive Environmental Response, Compensation, and
Liability Act of 1980, as the same may be amended from time to time, 42 U.S.C.A.
§9601 et seq.

     “CGMI”: Citigroup Global Markets, Inc., in its individual capacity,
and any successor corporation thereto by merger, consolidation or
otherwise. “Change in Law”: as defined in subsection 4.11(a).

     “Change of Control”: the occurrence of any of the following events:
(a) at any time prior to the initial registered public offering of Holdings’ or
any Parent Entity’s Voting Stock the Permitted Holders shall in the aggregate be
the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange
Act) of (x) so long as Holdings is a Subsidiary of any Parent Entity, Voting
Stock having less than 51% of the total voting power of all outstanding

13

 

Capital Stock of such Parent Entity (other than a Parent Entity that is a
Subsidiary of another Parent Entity) and (y) if Holdings is not a Subsidiary of
any Parent Entity, Voting Stock having less than 51% of the total voting power
of all outstanding shares of Holdings; (b) on and after the date of the initial
registered public offering of Holdings’ or any Parent Entity’s Voting Stock, (i)
(x) the Permitted Holders shall in the aggregate be the “beneficial owner” (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act) of (A) so long as
Holdings is a Subsidiary of any Parent Entity, Voting Stock having less than 35%
of the total voting power of all outstanding Capital Stock of such Parent Entity
(other than a Parent Entity that is a Subsidiary of another Parent Entity) and
(B) if Holdings is not a Subsidiary of any Parent Entity, Voting Stock having
less than 35% of the total voting power of all outstanding Capital Stock of
Holdings and (y) any “person” or “group” (as such terms are used in Sections
13(d) and 14(d) of the Exchange Act), other than one or more Permitted Holders,
shall be the “beneficial owner” of (A) so long as Holdings is a Subsidiary of
any Parent Entity, Voting Stock having more than 35% of the total voting power
of all outstanding Capital Stock of such Parent Entity (other than a Parent
Entity that is a Subsidiary of another Parent Entity) and (B) if Holdings is not
a Subsidiary of any Parent Entity, Voting Stock having more than 35% of the
total voting power of all outstanding Capital Stock of Holdings or (ii) the
Continuing Directors shall cease to constitute a majority of the members of the
board of directors of RSC; (c) Holdings shall cease to own, directly or
indirectly, 100% of the Capital Stock of the Parent Borrower; provided that the
Parent Borrower may, to the extent permitted by subsection 8.5, merge or
consolidate with or into another U.S. Borrower; (d) the Parent Borrower shall
cease to own, directly or indirectly, 100% of the Capital Stock of RSC; provided
that RSC may, to the extent permitted by subsection 8.5, merge or consolidate
with or into the Parent Borrower and the Parent Borrower may merge with or into
RSC; (e) RSC shall cease to own, directly or indirectly, 100% of the Capital
Stock of RSC Canada; provided that RSC Canada may, to the extent permitted by
subsection 8.5, merge or consolidate with or into another Canadian Borrower; or
(f) a “Change of Control” as defined in the Second-Lien Term Loan Documents and
the Senior Note Documents.

     “Chief Executive Office”: with respect to any Person, the location
from which such Person manages the main part of its business operations or other
affairs.

     “Citigroup”: CNAI, Citibank, N.A., Citicorp USA, Inc., Citicorp North
America, Inc. and any other Affiliates designated by any such Person.

     “Closing Date”: the date on which all the conditions precedent set
forth in subsection 6.1 shall be satisfied or waived and the Initial Extension
of Credit shall have occurred hereunder.

     “CNAI”: as defined in the Recitals hereto.

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

     “Collateral”: all assets of the Loan Parties, now owned or hereafter
acquired, upon which a Lien is purported to be created by any Security Document.

     “Collateral Agent”: the U.S. Administrative Agent and/or the Canadian
Administrative Agent, as the context may require.

14

 

     “Collection Bank”: as defined in subsection 4.16(c).

     “Commitment”: as to any Lender, its U.S. RCF Commitment, its Canadian
RCF Commitment and its Term Loan Commitment. The original amount of the
aggregate Commitments of the RCF Lenders and Term Loan Lenders is
$1,700,000,000.

     “Commitment Fee Rate”: during the period from the Closing Date until
December 31, 2006, 0.250% per annum. Thereafter, the “Commitment Fee Rate” will
be as set forth on the Pricing Grid based upon the Average RCF Loan Utilization
calculated by the U.S. Administrative Agent for the respective three-month
period for each such period.

     “Commitment Increase”: as defined in subsection 2.7(a).

     “Commitment Increase Date”: as defined in subsection 2.7(c).

     “Commitment Percentage”: of any RCF Lender at any time shall be that
percentage which is equal to a fraction (expressed as a percentage) the
numerator of which is the aggregate RCF Commitment of such RCF Lender at such
time and the denominator of which is the aggregate RCF Commitments at such time,
provided that if any such determination is to be made after the RCF Commitments
have terminated, the determination of such percentages shall be made immediately
before giving effect to such termination.

     “Commitment Period”: the period from and including the Closing Date to
but not including the RCF Maturity Date, or such earlier date as the RCF
Commitments shall terminate as provided herein.

     “Committed Lenders”: DB, Citigroup and GE.

     “Commonly Controlled Entity”: an entity, whether or not incorporated,
which is under common control with Holdings or any of its Subsidiaries within
the meaning of Section 4001 of ERISA or is part of a group which includes
Holdings or any of its Subsidiaries and which is treated as a single employer
under Section 414(b) or (c) of the Code or, solely for purposes of Section 302
of ERISA and Section 412 of the Code, is treated as a single employer under
Sections 414(m) and (o) of the Code.

     “Company Material Adverse Effect”: any fact, circumstance, change,
occurrence or development that has a material adverse effect on the business,
assets, liabilities, results of operations or condition (financial or otherwise)
of the Recapitalized Business, taken as a whole, but shall exclude any fact,
circumstance, change, occurrence or development resulting from or relating to
(i) events affecting the North American, European, Asian or global economy or
capital or financial markets generally, (ii) changes in conditions in the
industries in which the Recapitalized Business operates, (iii) changes in laws,
regulations, or GAAP, or in the authoritative interpretations thereof or in
regulatory guidance related thereto, (iv) earthquakes or similar catastrophes,
or acts of war (whether declared or undeclared), sabotage, terrorism, military
action or any escalation or worsening thereof, or (v) other than for purposes of
Sections 4.2 and 5.2 of the Recapitalization Agreement, the announcement or
performance of the Recapitalization Agreement or the transactions contemplated
thereby, unless, in the case of

15

 

items (i)(iv) above, any such fact, circumstance, change, occurrence or
development disproportionately affects the Recapitalized Business, taken as a
whole.

     “Conduit Lender”: any special purpose corporation organized and
administered by any Lender for the purpose of making Loans otherwise required to
be made by such Lender and designated by such Lender in a written instrument
delivered to the U.S. Administrative Agent (a copy of which shall be provided by
the U.S. Administrative Agent to the Parent Borrower on request); provided that
the designation by any Lender of a Conduit Lender shall not relieve the
designating Lender of any of its obligations under this Agreement, including its
obligation to fund a Loan if, for any reason, its Conduit Lender fails to fund
any such Loan, and the designating Lender (and not the Conduit Lender) shall
have the sole right and responsibility to deliver all consents and waivers
required or requested under this Agreement with respect to its Conduit Lender,
and provided, further, that no Conduit Lender shall (a) be entitled to receive
any greater amount pursuant to any provision of this Agreement, including,
without limitation, subsection 4.10, 4.11, 4.12 or 11.5, than the designating
Lender would have been entitled to receive in respect of the extensions of
credit made by such Conduit Lender if such designating Lender had not designated
such Conduit Lender hereunder, (b) be deemed to have any Commitment or (c) be so
designated if such designation would otherwise increase the costs of any
Facility to any Borrower.

     “Confidential Information Memorandum”: that certain Confidential
Information Memorandum (Public Version) dated November 6, 2006 and furnished to
the Lenders.

     “Consolidated Fixed Charge Coverage Ratio”: as of the last day of any
period, the ratio of (a)(i) EBITDA for such period minus (ii) the sum of the
unfinanced portion of all Capital Expenditures (excluding any Capital
Expenditure made in an amount equal to all or part of the proceeds of (x) any
casualty insurance, condemnation or eminent domain or (y) any sale of assets
(other than Rental Fleet)) not in the ordinary course of business of Holdings
and its consolidated Subsidiaries during such period so long as such proceeds
were in fact applied within 12 months following the receipt thereof, to (b) the
sum, without duplication, of (i) Debt Service Charges payable in cash by the
Parent Borrower and its consolidated Subsidiaries during such period plus (ii)
federal, state and foreign income taxes paid in cash by the Parent Borrower and
its consolidated Subsidiaries (net of refunds received) for the period of four
full fiscal quarters ending on such date plus (iii) cash paid by the Parent
Borrower during the relevant period pursuant to any of clauses (f), (i) and (k)
of subsection 8.7; provided that upon the date on which any Liquidity Event
first occurs, the Consolidated Fixed Charge Coverage Ratio shall be calculated
as of end of the most recently completed fiscal quarter of the Parent Borrower
for which financial statements shall have been required to be delivered under
subsection 7.1(a) or (b).

     “Consolidated Indebtedness”: at the date of determination thereof, an
amount equal to all debt of the Parent Borrower and its consolidated
Subsidiaries as determined on a consolidated basis and as disclosed on the
Parent Borrower’s consolidated balance sheet most recently delivered pursuant to
subsection 7.1.

     “Consolidated Interest Expense”: for any period, an amount equal to
(a) interest expense (accrued and paid or payable in cash for such period, and
in any event excluding any

16

 

amortization or write off of financing costs) on Indebtedness of the Parent
Borrower and its consolidated Subsidiaries for such period minus (b) interest
income (accrued and received or receivable in cash for such period) of the
Parent Borrower and its consolidated Subsidiaries for such period, in each case
determined on a consolidated basis in accordance with GAAP; provided that for
purposes of calculating the Consolidated Fixed Charge Coverage Ratio for any
period of four fiscal quarters ending prior to December 31, 2007, Consolidated
Interest Expense for such period of four fiscal quarters shall be deemed to be
(i) in the case of the period ending at the end of the fiscal quarter ending
March 31, 2007, Consolidated Interest Expense for such fiscal quarter multiplied
by 4, (ii) in the case of the period ending at the end of the fiscal quarter
ending June 30, 2007, Consolidated Interest Expense for the period of two fiscal
quarters ending at the end of such fiscal quarter multiplied by 2 and (iii) in
the case of the period ending at the end of the fiscal quarter ending September
30, 2007, Consolidated Interest Expense for the period of three fiscal quarters
ending at the end of such fiscal quarter multiplied by 4/3.

     “Consolidated Leverage Ratio”: as of the last day of any period, the
ratio of (a) Consolidated Indebtedness on such day to (b) EBITDA for such
period, or the period of four full fiscal quarters most recently ended prior to
such date for which financial statements of the Parent Borrower have been
required to be delivered under subsection 7.1(a) or (b), respectively; provided
that upon the date on which any Liquidity Event first occurs, the Consolidated
Leverage Ratio shall be calculated as of the end of the most recently completed
fiscal quarter of the Parent Borrower for which financial statements shall have
been required to be delivered under subsection 7.1(a) or (b).

     “Consolidated Net Income”: for any period, net income of the Parent
Borrower and its consolidated Subsidiaries for such period, determined on a
consolidated basis in accordance with GAAP.

     “Continuing Directors”: the directors of RSC on the Closing Date,
after giving effect to the Transaction and the other transactions contemplated
thereby, and each other director if, in each case, such other director’s
nomination for election to the board of directors of RSC is recommended by at
least a majority of the then Continuing Directors or the election of such other
director is approved by one or more Permitted Holders.

     “Contractual Obligation”: as to any Person, any provision of any
material security issued by such Person or of any material agreement, instrument
or other undertaking to which such Person is a party or by which it or any of
its property is bound.

     “Credit Agreement Party”: Holdings and each Borrower.

     "Credit Card Notification”: as defined in subsection 4.16(c).

     “DB”: DBNY, DBCB, DBSI and any other Affiliates of DBSI designated by
DBSI.

     “DBCB”: Deutsche Bank AG, Canada Branch, in its individual capacity,
and any successor corporation thereto by merger, consolidation or otherwise.

     “DBCB Account”: as defined in subsection 4.16(d).

17

 

     “DBNY”: Deutsche Bank AG, New York Branch, in its individual capacity,
and any successor corporation thereto by merger, consolidation or otherwise.

     “DBNY Account”: as defined in subsection 4.16(d).

     “DBSI”: Deutsche Bank Securities Inc., in its individual capacity, and
any successor corporation thereto by merger, consolidation or otherwise.

     “DDA Notification”: as defined in subsection 4.16(c).

     “DDAs”: any checking or other demand deposit account maintained by the
Loan Parties (other than any such account if such account is, or all of the
funds and other assets owned by a Loan Party held in such account are, excluded
from the Collateral pursuant to any Security Document). All funds in such DDAs
shall be conclusively presumed to be Collateral and proceeds of Collateral and
the Agents and the Lenders shall have no duty to inquire as to the source of the
amounts on deposit in the DDAs, subject to the Security Documents and the
Intercreditor Agreement.

     “Debt Financing”: the debt financing transactions contemplated under
(a) the Loan Documents, (b) the Second-Lien Term Loan Documents and (c) the
Senior Note Documents, and, in each case, including any Interest Rate Protection
Agreements related thereto.

     “Debt Service Charges”: for any period, the sum of (a) Consolidated
Interest Expense, plus (b) principal payments made or required to be made (after
giving effect to any prepayments paid in cash that reduce the amount of such
required payments) on account of Indebtedness of the Parent Borrower and its
consolidated Subsidiaries, including the full amount of any non-recourse
Indebtedness (excluding the obligations hereunder, payments to reimburse any
drawings under any commercial letters of credit, and any payments on
Indebtedness required to be made on the final maturity date thereof, but
including any obligations in respect of Financing Leases), for such period, plus
(c) scheduled mandatory payments on account of Disqualified Capital Stock of the
Parent Borrower and its consolidated Subsidiaries (whether in the nature of
dividends, redemption, repurchase or otherwise) required to be made during such
period, in each case determined on a consolidated basis in accordance with GAAP.

     “Default”: any of the events specified in Section 9, whether or not
any requirement for the giving of notice (other than, in the case of subsection
9(e), a Default Notice), the lapse of time, or both, or any other condition
specified in Section 9, has been satisfied.

     “Default Notice”: as defined in subsection 9(e).

     “Defaulting Lender”: as defined in subsection 4.8(c).

     “Deposit Account”: any deposit account (as such term is defined in
Article 9 of the UCC or (to the extent governed thereby) any similar provision
of the PPSA).

     “Discount Note”: as defined in subsection 4.6(c)(xi).

18

 

     “Disinterested Director”: with respect to any Person and transaction,
a member of the board of directors of such Person who does not have any material
direct or indirect financial interest in or with respect to such transaction.

     “Disposition”: as defined in the definition of the term “Asset Sale”
in this subsection 1.1.

     “Disqualified Capital Stock”: any Capital Stock which, by its terms
(or by the terms of any security into which it is convertible or for which it is
exchangeable), or upon the happening of any event, (a) is mandatorily redeemable
in whole or in part prior to the Term Loan Maturity Date, pursuant to a sinking
fund obligation or otherwise, or is redeemable at the option of the holder
thereof, in whole or in part, (b) is convertible into or exchangeable (unless at
the sole option of the issuer thereof) for Indebtedness or any Capital Stock
referred to in (a) above prior to the Term Loan Maturity Date, or (c) contains
any mandatory repurchase obligation which comes into effect prior to the Term
Loan Maturity Date, provided that any Capital Stock that would not constitute
Disqualified Capital Stock but for provisions thereof giving holders thereof (or
the holders of any security into or for which such Capital Stock is convertible,
exchangeable or exercisable) the right to require the issuer thereof to redeem
such Capital Stock upon the occurrence of a change in control or an asset sale
shall not constitute Disqualified Capital Stock.

     “Documentary L/C”: as defined in subsection 3.1(a).

     “Dollar Equivalent”: with respect to the principal amount of any
Canadian RCF Loan denominated in Canadian Dollars or the amount of any Canadian
RCF Letters of Credit denominated in Canadian Dollars at any date of
determination thereof, an amount in Dollars equivalent to such principal amount
or such other amount calculated on the basis of the Spot Rate of Exchange.

     “Dollars” and “$”: dollars in lawful currency of the United States of
America.

     “Domestic Subsidiary”: any Subsidiary of the Parent Borrower which is
not a Foreign Subsidiary.

     “Dominion Event”: the determination by the U.S. Administrative Agent
that Available RCF Commitments on any day are less than $170,000,000; provided
that the U.S. Administrative Agent has notified the Parent Borrower thereof; and
provided, further, that if the occurrence of a Dominion Event shall be due
solely to a fluctuation in currency exchange rates occurring within the two
Business Day period immediately preceding such occurrence, and one or more of
the Borrowers, within two Business Days following receipt of such notice from
the U.S. Administrative Agent, repays Loans in an amount such that the Available
RCF Commitments following such payment exceeds $170,000,000, a Dominion Event
shall be deemed not to have occurred. The occurrence of a Dominion Event shall
be deemed continuing notwithstanding that Available RCF Commitments may
thereafter exceed the amount set forth in the preceding sentence unless and
until the Available RCF Commitments exceed $185,000,000 for 30 consecutive days,
in which event a Dominion Event shall no longer be deemed to be

19

 

continuing; provided that a Dominion Event may not be cured as contemplated by
this sentence more than two times in any four fiscal quarter period.

     “Draft”: at any time, either a depository bill within the meaning of
the Depository Bills and Notes Act (Canada) or a bill of exchange, within the
meaning of the Bills of Exchange Act (Canada), drawn by a Canadian Borrower on a
Canadian Lender and bearing such distinguishing letters and numbers as such
Canadian Lender may determine, but which at such time has not been completed or
accepted by such Canadian Lender.

     “EBITDA”: for any period, the sum of (a) Consolidated Net Income for
such period adjusted (i) to exclude the following items (without duplication) of
income or expense to the extent that such items are included in the calculation
of Consolidated Net Income: (A) Consolidated Interest Expense, (B) any non-cash
expenses and charges, (C) total income tax expense, (D) depreciation expense,
(E) the expense associated with amortization of intangible and other assets
(including amortization or other expense recognition of any costs associated
with asset write-ups in accordance with APB Nos. 16 and 17), (F) non-cash
provisions for reserves for discontinued operations, (G) any extraordinary,
unusual or non-recurring gains or losses or charges or credits, including but
not limited to any expenses relating to the Transaction and any non-recurring or
extraordinary items paid or accrued during such period relating to deferred
compensation owed to any Management Investor that was cancelled, waived or
exchanged in connection with the grant to such Management Investor of the right
to receive or acquire shares of common stock of Holdings or any other Parent
Entity, (H) any gain or loss associated with the sale or write-down of assets
(other than Rental Fleet) not in the ordinary course of business, (I) any income
or loss accounted for by the equity method of accounting (except in the case of
income to the extent of the amount of cash dividends or cash distributions
actually paid to the Parent Borrower or any of its Subsidiaries by the entity
accounted for by the equity method of accounting) and (J) fees paid to any
Sponsor or any Affiliate of any Sponsor for the rendering of management
consulting, monitoring or financial advisory services for compensation not to
exceed in the aggregate $6,000,000 in any Fiscal Year and (ii) by reducing
EBITDA (as otherwise determined above) by the amount of all dividends paid by
the Parent Borrower during the relevant period pursuant to any of clauses (c)
and (d) of subsection 8.7 (in each case, unless and to the extent (x) the amount
paid with such dividends by Holdings or any Parent Entity would not, if the
respective expense or other item had been incurred directly by the Parent
Borrower, have reduced EBITDA determined in accordance with the foregoing
provisions of this definition or (y) such dividend is paid by the Parent
Borrower in respect of an expense or other item that has resulted in, or will
result in, a reduction of EBITDA, as calculated pursuant to clause (a) above)
plus (b) only with respect to determining compliance with subsection 8.1 hereof,
any Specified Equity Contribution. For the purposes of calculating EBITDA for
any period of four consecutive fiscal quarters (each, a “Reference Period”), (i)
if at any time during such Reference Period (and after the Closing Date) the
Parent Borrower or any of its Subsidiaries shall have made any Material
Disposition, the EBITDA for such Reference Period shall be reduced by an amount
equal to the EBITDA (if positive) attributable to the property that is the
subject of such Material Disposition for such Reference Period or increased by
an amount equal to the EBITDA (if negative) attributable thereto for such
Reference Period and (ii) if during such Reference Period (and after the Closing
Date) the Parent Borrower or any of its Subsidiaries shall have made a Material
Acquisition, EBITDA for such Reference Period shall be calculated after giving
pro forma effect thereto in accordance with Regulation S-X or in such other
manner

20

 

acceptable to the U.S. Administrative Agent as if such Material Acquisition
occurred on the first day of such Reference Period. As used in this definition,
“Material Acquisition” means any acquisition of property or series of related
acquisitions of property that (x) constitutes assets comprising all or
substantially all of an operating unit of a business or constitutes all or
substantially all of the common stock of a Person and (y) involves the payment
of consideration by the Parent Borrower or any of its Subsidiaries in excess of
$5,000,000; and “Material Disposition” means any Disposition of property or
series of related Dispositions of property that (x) constitutes assets
comprising all or substantially all of an operating unit of a business or
constitutes all or substantially all of the common stock of a Person and (y)
yields gross proceeds to the Parent Borrower or any of its Subsidiaries in
excess of $5,000,000; provided that for any applicable periods prior to the
Closing Date EBITDA shall be determined in respect to the Recapitalized
Business.

          “Eligible Accounts”: those Accounts created by a Qualified Loan Party
in the ordinary course of its business, arising out of its sale, lease or rental
of goods or rendition of services, that comply in all material respects with
each of the representations and warranties respecting Eligible Accounts made in
the Loan Documents, and that are not excluded as ineligible by virtue of one or
more of the excluding criteria set forth below. In determining the amount to be
included, Eligible Accounts shall be calculated net of customer deposits and
unapplied cash. Eligible Accounts shall not include the following:

     (a) Accounts that are unpaid on the date which is 120 days after the
date of the original invoice,

     (b) Accounts owed by an Account Debtor (or its Affiliates) where 50%
or more of the total amount of all Accounts owed by that Account Debtor (or
its Affiliates) are deemed ineligible under clause (a) above,

     (c) without duplication, the amount of any credit balances greater
than 120 days past their invoice date with respect to any Account,

     (d) Accounts with respect to which the Account Debtor is (i) an
Affiliate of any Loan Party (other than a portfolio company of any of the
Equity Investors or their respective Affiliates) or (ii) an employee or
agent of any Loan Party or any Affiliate of such Loan Party (other than a
portfolio company of the Equity Investors or their respective Affiliates),

     (e) Accounts arising in a transaction wherein goods are placed on
consignment or are sold pursuant to a guaranteed sale, a sale or return, a
sale on approval, a bill and hold, or any other terms by reason of which
the payment by the Account Debtor may be conditional (other than, for the
avoidance of doubt, a rental or lease basis),

     (f) Accounts that are not payable in Dollars; provided that Eligible
Canadian Accounts may be payable in Canadian Dollars,

     (g) Accounts with respect to which the Account Debtor is a Person
other than a Governmental Authority unless: (i) the Account Debtor (A) is a
natural person with a billing address in the United States or Canada, (B)
maintains its Chief Executive Office

21

 

in the United States or Canada, or (C) is organized under the laws of the
United States, Canada or any state, territory, province or subdivision
thereof; or (ii) (A) the Account is supported by an irrevocable letter of
credit satisfactory to the U.S. Administrative Agent, in its Permitted
Discretion (as to form, substance, and issuer or domestic confirming bank),
that has been delivered to the U.S. Administrative Agent and is directly
drawable by the U.S. Administrative Agent, or (B) the Account is covered by
credit insurance in form, substance, and amount, and by an insurer,
satisfactory to the U.S. Administrative Agent, in its Permitted Discretion,

     (h) Accounts with respect to which the Account Debtor is the
government of any country or sovereign state other than the United States
and Canada, or of any state, province, municipality, or other political
subdivision thereof, or of any department, agency, public corporation, or
other instrumentality thereof, unless (i) the Account is supported by an
irrevocable letter of credit satisfactory to the U.S. Administrative Agent,
in its Permitted Discretion (as to form, substance, and issuer or domestic
confirming bank), that has been delivered to the U.S. Administrative Agent
and is directly drawable by the U.S. Administrative Agent, or (ii) the
Account is covered by credit insurance in form, substance, and amount, and
by an insurer, satisfactory to the U.S. Administrative Agent, in its
Permitted Discretion,

     (i) Accounts with respect to which the Account Debtor is (i) the
federal government of Canada or any department, agency or instrumentality
of Canada or (ii) the federal government of the United States or any
department, agency or instrumentality of the United States (exclusive, in
the case of clause (ii), of Accounts with respect to which the applicable
Loan Party has complied, to the reasonable satisfaction of the U.S.
Administrative Agent, with the Assignment of Claims Act of 1940 (31 USC
Section 3727)),

     (j) Accounts with respect to which the Account Debtor is any state
government of the United States or any department, agency, municipality or
political subdivision thereof (exclusive, however, of Accounts with respect
to which the applicable Loan Party has complied, to the reasonable
satisfaction of the U.S. Administrative Agent, with the state law (if any)
that is the substantial equivalent of the Assignment of Claims Act of 1940
(31 USC Section 3727)), unless (i) the Account is supported by an
irrevocable letter of credit satisfactory to the U.S. Administrative Agent,
in its Permitted Discretion (as to form, substance, and issuer or domestic
confirming bank), that has been delivered to the U.S. Administrative Agent
and is directly drawable by the U.S. Administrative Agent, or (ii) the
Account is covered by credit insurance in form, substance, and amount, and
by an insurer, satisfactory to the U.S. Administrative Agent, in its
Permitted Discretion,

     (k) (i) Accounts with respect to which the Account Debtor is a
creditor of any Loan Party or any Subsidiary of a Loan Party, has or has
asserted a right of setoff, or has disputed its obligation to pay all or
any portion of the Account, to the extent of such claim, right of setoff,
or dispute, (ii) Accounts which are subject to a rebate that has been
earned but not taken or a chargeback, to the extent of such rebate or
chargeback, (iii) Accounts that comprise service charges or finance
charges, and (iv) Accounts less

22

 

than 120 days past the original invoice date related to invoices that have
been partially paid,

     (l) Accounts with respect to an Account Debtor whose total obligations
owing to the Borrowers exceed 10% of all Eligible Accounts, to the extent
of the obligations owing by such Account Debtor in excess of such
percentage; provided, however, that, in each case, the amount of Eligible
Accounts that are excluded because they exceed the foregoing percentage
shall be determined by the U.S. Administrative Agent based on all of the
otherwise Eligible Accounts prior to giving effect to any eliminations
based upon the foregoing concentration limit,

     (m) Accounts with respect to which the Account Debtor is not Solvent,
is subject to a proceeding related thereto, has gone out of business, or as
to which a Loan Party has received notice of an imminent proceeding related
to such Account Debtor not being or alleged not to be Solvent or which
proceeding is reasonably likely to result in a material impairment of the
financial condition of such Account Debtor,

     (n) Accounts with respect to which the Account Debtor is located in a
state, province or jurisdiction (e.g., New Jersey, Minnesota, West Virginia
and Canadian provinces) that requires, as a condition to access to the
courts of such jurisdiction, that a creditor qualify to transact business,
file a business activities report or other report or form, or take one or
more other actions, unless the applicable Loan Party has so qualified,
filed such reports or forms, or taken such actions (and, in each case, paid
any required fees or other charges). The foregoing shall not apply to the
extent that the applicable Loan Party may qualify subsequently as a foreign
entity authorized to transact business in such state or jurisdiction and
gain access to such courts, without incurring any cost or penalty viewed by
the U.S. Administrative Agent, in its Permitted Discretion, to be material
in amount, and such later qualification cures any access to such courts to
enforce payment of such Account (including, for greater certainty, the
requirement for a creditor to extra-provincially register in a province or
territory of Canada for such purposes),

     (o) Accounts, the collection of which the U.S. Administrative Agent,
in its Permitted Discretion, believes to be doubtful by reason of the
Account Debtor’s financial condition, upon notice thereof to the Parent
Borrower,

     (p) Accounts that are not subject to a valid and perfected first
priority Lien in favor of the U.S. Collateral Agent or the Canadian
Collateral Agent, as applicable, pursuant to a Security Document (as and to
the extent provided therein (it being agreed that in no event shall any
Excluded Assets be deemed to be Eligible Accounts hereunder)),

     (q) Accounts with respect to which (i) the goods giving rise to such
Account have not been shipped and billed to the Account Debtor, or (ii) the
services giving rise to such Account have not been performed and billed to
the Account Debtor, or

23

 

     (r) Accounts that represent the right to receive progress payments or
other advance billings that are due prior to the completion of performance
by the applicable Loan Party of the subject contract for goods or services.

          “Eligible Canadian Accounts”: the Eligible Accounts owned by the
Canadian Borrowers and the Qualified Canadian Subsidiary Guarantors.

          “Eligible Canadian Inventory”: the Eligible Inventory owned by the
Canadian Borrowers and the Qualified Canadian Subsidiary Guarantors.

          “Eligible Canadian Rental Fleet”: the Eligible Rental Fleet owned by
the Canadian Borrowers and the Qualified Canadian Subsidiary Guarantors.

          “Eligible Inventory”: the gross dollar value (valued at the lower of
cost or market value) of the Inventory of the Qualified Loan Parties located in
any jurisdiction of the United States or Canada which is readily marketable and
is then currently being held for resale in the ordinary course of business and
conforms in all material respects to the representations and warranties
contained in the Loan Documents, and that are not excluded by virtue of one or
more of the excluding criteria set forth below, Eligible Inventory shall not
include the following:

     (a) any supplies (other than raw materials), spare parts, shipping
materials, goods returned or rejected (except to the extent that such
returned or rejected goods continue to conform in all material respects to
the representations and warranties contained in the Loan Documents) by
customers and goods to be returned to suppliers,

     (b) any Inventory held on consignment,

     (c) any Inventory which has been shipped to a customer, even if on a
consignment or “sale or return” basis,

     (d) any Inventory to the extent that a Qualified Loan Party has taken
a reserve, but only to the extent of such reserve,

          (e) any Inventory not subject to a valid and perfected first-priority
Lien in favor of the U.S. Collateral Agent or the Canadian Collateral
Agent, as applicable, pursuant to a Security Document (as and to the extent
provided therein (it being understood and agreed that in no event shall any
of the Excluded Assets be deemed to be Eligible Inventory hereunder)),

     (f) any Inventory not produced in compliance with the applicable requirements
of the Fair Labor Standards Act,

     (g) any fuel, or

     (h) any Inventory classified as “dead and overstock inventory” not
already reserved for pursuant to clause (d) above.

          “Eligible Rental Fleet”: Rental Fleet of the Qualified Loan Parties
held for renting in the ordinary course of the Loan Parties’ business, that
complies in all material respects

24

 

with each of the representations and warranties respecting Eligible Rental Fleet
made in the Loan Documents, and that is not excluded as ineligible by virtue of
one or more of the excluding criteria set forth below. In determining the amount
to be so included, Rental Fleet shall be valued at the lower of cost or market
on a basis consistent with the Loan Parties’ historical accounting practices and
shall be net of any unrecorded rebates. An item of Rental Fleet shall not be
included in Eligible Rental Fleet if:

     (a) a Loan Party does not have good and valid title thereto,

     (b) it is not either (i) located at one of the locations in the United
States or Canada set forth on Schedule D, as the same may be modified from
time to time by notice to the U.S. Administrative Agent, or (ii) on lease
with a customer in the ordinary course of business and located in the
United States or Canada,

     (c) it is not subject to a valid and perfected first priority Lien in
favor of the U.S. Collateral Agent or the Canadian Collateral Agent, as
applicable, pursuant to a Security Document; (as and to the extent provided
therein (it being agreed that in no event shall any Excluded Assets be
deemed to be Eligible Rental Fleet hereunder)); provided that this clause
(c) will not apply to Rental Fleet represented by a certificate of title
(such Rental Fleet being subject to clause (h) below); provided, further,
that, it shall not be necessary to identify the Vehicle Identification
Numbers with respect to Rental Fleet located in Canada in any PPSA filings
as a prerequisite for such Rental Fleet to constitute “Eligible Rental
Fleet” hereunder;

     (d) it consists of goods rejected by a Loan Party’s customers,

     (e) it consists of goods that are obsolete, unmerchantable or slow
 moving,

     (f) it is damaged or defective and (i) is not repairable and (ii) is
classified as “outside” shop unless payables are reserved; provided that,
this clause (f) will not apply to Rental Fleet that is classified as inside
or outside the shop for less than 60 days,

     (g) it is not available to rent to customers of a Loan Party in the
ordinary course of business, or

     (h) it is U.S. Rental Fleet represented by a certificate of title
unless (i) during the 120-day period following the Closing Date, a Loan
Party has delivered the certificate of title for such Rental Fleet to the
U.S. Collateral Agent (or its agents) and (ii) to the extent necessary to
perfect a security interest in such Rental Fleet, for all periods
thereafter, a Loan Party has caused the certificate of title for such
Rental Fleet to be registered with the applicable Governmental Authority
showing “Deutsche Bank AG, New York Branch, as U.S. Collateral Agent” or
“Deutsche Bank AG, Canada Branch, as Canadian Collateral Agent”, as
applicable, (or a trustee or agent reasonably acceptable to the U.S.
Collateral Agent or Canadian Collateral Agent, as applicable) as the sole
lienholder thereon, such that such Rental Fleet is subject to a valid and
perfected first priority Lien in favor of the U.S. Collateral Agent or the
Canadian Collateral Agent, as applicable (or such certificate of title or
the requisite application therefor has been

25

 

submitted to the applicable Governmental Authority for such registration or
for issuance of such certificate of title as so registered).

     “Eligible Unbilled Accounts”: Accounts (which are Eligible Accounts
except for their failure to comply with clause (q) of the definition of Eligible
Accounts) (a) which have not been billed but for which services have been
rendered, (b) which have not been billed solely because either (i) the services
were rendered pursuant to a customer agreement which provides for monthly
billing at a date other than month-end, or (ii) the services were rendered
pursuant to a customer agreement which provides for billing at the completion of
the rental term, and such rental term has not yet ended, and (c) which shall be
billed not more than 30 days after such Account is first included on the
Borrowing Base Certificate or otherwise reported to the U.S. Administrative
Agent as Collateral.

     “Eligible U.S. Accounts”: the Eligible Accounts owned by the U.S.
Borrowers and the Qualified U.S. Subsidiary Guarantors.

     “Eligible U.S. Inventory”: the Eligible Inventory owned by the U.S.
Borrowers and the Qualified U.S. Subsidiary Guarantors.

     “Eligible U.S. Rental Fleet”: the Eligible Rental Fleet owned by the
U.S. Borrowers and the Qualified U.S. Subsidiary Guarantors.

     “Environmental Costs”: any and all costs or expenses (including
attorney’s and consultant’s fees, investigation and laboratory fees, response
costs, court costs and litigation expenses, fines, penalties, damages,
settlement payments, judgments and awards), of whatever kind or nature, known or
unknown, contingent or otherwise, arising out of, or in any way relating to, any
actual or alleged violation of, noncompliance with or liability under any
Environmental Laws. Environmental Costs include any and all of the foregoing,
without regard to whether they arise out of or are related to any past, pending
or threatened proceeding of any kind.

     “Environmental Laws”: any and all U.S., Canadian or foreign federal,
state, provincial, territorial, foreign, local or municipal laws, rules, orders,
enforceable guidelines, orders-in-council, regulations, statutes, ordinances,
codes, decrees, and such requirements of any Governmental Authority properly
promulgated and having the force and effect of law or other Requirements of Law
(including common law) regulating, relating to or imposing liability or
standards of conduct concerning protection of human health (as it relates to
exposure to Materials of Environmental Concern) or the environment, as have
been, or now or at any relevant time hereafter are, in effect.

     “Environmental Permits”: any and all permits, licenses, approvals,
registrations, notifications, exemptions and any other authorization required
under any Environmental Law.

     “Equipment”: any equipment owned by or leased to the Parent Borrower
or any of its Subsidiaries that is revenue earning equipment, or is classified
as “revenue earning equipment” in the consolidated financial statements of the
Parent Borrower, including any such equipment consisting of (i) backhoes,
dozers, excavators, forklifts, loaders, scissors, tractors, trenchers, trucks
and trailers or other similar equipment, (ii) construction, industrial,
commercial

26

 

and office equipment, (iii) earthmoving, material handling, compaction, aerial
and electrical equipment, (iv) air compressors, pumps and small tools, and (v)
other personal property.

     “Equity Financing”: as defined in the Recitals hereto.

     “Equity Investors”: the Sponsors, the Sellers and each other person
that has made a direct or indirect equity investment in ACNA on the Closing Date
as contemplated in the Recitals hereto.

     “ERISA”: the Employee Retirement Income Security Act of 1974, as
amended from time to time.

     “Eurocurrency Base Rate”: with respect to each day during each
Interest Period pertaining to a Eurocurrency Loan, the rate per annum determined
by the U.S. Administrative Agent to be the arithmetic mean (rounded to the
nearest 1/100th of 1%) of the offered rates for deposits in Dollars with a term
comparable to such Interest Period that appears on the Telerate British Bankers
Assoc. Interest Settlement Rates Page (as defined below) at approximately 11:00
A.M., London time, on the second full Business Day preceding the first day of
such Interest Period; provided, however, that if there shall at any time no
longer exist a Telerate British Bankers Assoc. Interest Settlement Rates Page,
“Eurocurrency Base Rate” shall mean, with respect to each day during each
Interest Period pertaining to a Eurocurrency Loan, the rate per annum equal to
the rate at which the U.S. Administrative Agent is offered deposits in Dollars
at or about 10:00 A.M., New York City time, two Business Days prior to the
beginning of such Interest Period in the interbank eurocurrency market where the
eurocurrency and foreign currency and exchange operations in respect of Dollars
are then being conducted for delivery on the first day of such Interest Period
for the number of days of such Interest Period and in an amount comparable to
the amount of its Eurocurrency Loan to be outstanding during such Interest
Period. “Telerate British Bankers Assoc. Interest Settlement Rates Page” shall
mean the display designated as Page 3750 on the Telerate System (or such other
page as may replace such page on such service for the purpose of displaying the
rates at which Dollar deposits are offered by leading banks in the London
interbank deposit market).

     “Eurocurrency Loans”: Loans the rate of interest applicable to which
is based upon the Eurocurrency Rate.

     “Eurocurrency Rate”: with respect to each day during each Interest
Period pertaining to a Eurocurrency Loan, a rate per annum determined for such
day in accordance with the following formula (rounded upward to the nearest
1/100th of 1%):

Eurocurrency Base Rate

1.00 -Eurocurrency Reserve Requirements

     “Eurocurrency Reserve Requirements”: for any day as applied to a
Eurocurrency Loan, the aggregate (without duplication) of the rates (expressed
as a decimal fraction) of reserve requirements in effect on such day (including
basic, supplemental, marginal and emergency reserves under any regulations of
the Board or other Governmental Authority having jurisdiction with respect
thereto) dealing with reserve requirements prescribed for eurocurrency funding

27

 

(currently referred to as “Eurocurrency Liabilities” in Regulation D of the
Board) maintained by a member bank of the Federal Reserve System.

     “Event of Default”: any of the events specified in Section 9, provided
that any requirement for the giving of notice, the lapse of time, or both, or
any other condition specified in Section 9, has been satisfied.

     “Exchange Act”: the Securities Exchange Act of 1934, as amended from
time to time.

     “Excluded Assets”: as defined in the U.S. Guarantee and Collateral
Agreement and the Canadian Security Agreement.

     “Extension of Credit”: as to any Lender, the making of, or, in the
case of subsection 2.5(d)(ii), participation in, a Loan by such Lender or the
issuance of, or participation in, a Letter of Credit by such Lender.

     “Facility”: each of the Commitments and the Extensions of Credit made
thereunder.

     “Federal Funds Effective Rate”: as defined in the definition of the
term “ABR” in this subsection 1.1.

     “Financing Lease”: any lease of property, real or personal, the
obligations of the lessee in respect of which are required in accordance with
GAAP to be capitalized on a balance sheet of the lessee.

     “FIRREA”: the Financial Institutions Reform, Recovery and Enforcement
Act of 1989, as amended from time to time.

     “first priority”: means, with respect to any Lien purported to be
created in any Collateral pursuant to any Security Document, that such Lien is
the most senior Lien to which such Collateral is subject (subject to Permitted
Liens).

     “Fiscal Period”: means each fiscal month of Holdings and its
Subsidiaries as described on Schedule C.

     “Fiscal Year”: any period of twelve consecutive months ending on
December 31 of any calendar year.

     “Foreign Pension Plan”: a registered pension plan which is subject to
applicable pension legislation other than ERISA or the Code, which the Parent
Borrower or a Subsidiary sponsors or maintains, or to which it makes or is
obligated to make contributions.

     “Foreign Plan”: each Foreign Pension Plan, deferred compensation or
other retirement or superannuation plan, fund, program, agreement, commitment or
arrangement whether oral or written, funded or unfunded, sponsored, established,
maintained or contributed to, or required to be contributed to, or with respect
to which any liability is borne, outside the

28

 

United States of America, by the Parent Borrower or any of its Subsidiaries,
other than any such plan, fund, program, agreement or arrangement sponsored by a
Governmental Authority.

     “Foreign Subsidiary”: any Subsidiary of the Parent Borrower which is
organized and existing under the laws of any jurisdiction outside of the United
States of America or that is a Foreign Subsidiary Holdco. For the avoidance of
doubt, any Subsidiary of the Parent Borrower which is organized and existing
under the laws of Puerto Rico shall be a Foreign Subsidiary.

     “Foreign Subsidiary Holdco”: any Subsidiary of the Parent Borrower, so
long as such Subsidiary has no material assets other than securities of one or
more Foreign Subsidiaries and Indebtedness issued by such Foreign Subsidiaries
(or Subsidiaries thereof), and other assets relating to an ownership interest in
any such securities, Indebtedness or Subsidiaries.

     “GAAP”: with respect to subsection 4.4(c) and the covenants contained
in subsections 8.1 and 8.2 and all defined terms relating thereto and the
defined term “Company Material Adverse Effect”, generally accepted accounting
principles in the United States of America in effect on the Closing Date, and,
for all other purposes under this Agreement, generally accepted accounting
principles in the United States of America in effect from time to time.

     “GE”: General Electric Capital Corporation.

     “General Intangibles”: “general intangibles” (as such term is defined
in Article 9 of the UCC or (to the extent governed thereby) any similar
provision of the PPSA), including payment intangibles, contract rights, rights
to payment, rights arising under common law, statutes, or regulations, choses or
things in action, goodwill, patents, trade names, trade secrets, trademarks,
servicemarks, copyrights, blueprints, drawings, purchase orders, customer lists,
monies due or recoverable from pension funds, route lists, rights to payment and
other rights under any royalty or licensing agreements, infringement claims,
computer programs, information contained on computer disks or tapes, software,
literature, reports, catalogs, insurance premium rebates, tax refunds, and tax
refund claims, and any and all supporting obligations in respect thereof, and
any other personal property other than Accounts, Deposit Accounts, goods,
Investment Property, and Negotiable Collateral.

     “Goods”: goods as such term is defined in Article 9 of the UCC or (to
the extent governed thereby) any similar provision of the PPSA.

     “Governmental Authority”: any nation or government, any state or other
political subdivision thereof and any entity exercising executive, legislative,
judicial, regulatory or administrative functions of or pertaining to government,
including the European Union.

     “Guarantee Obligation”: as to any Person (the “guaranteeing person”),
any obligation of (a) the guaranteeing person or (b) another Person (including
any bank under any letter of credit) to induce the creation of which the
guaranteeing person has issued a reimbursement, counterindemnity or similar
obligation, in either case guaranteeing or in effect guaranteeing any
Indebtedness, leases, dividends or other obligations (the “primary obligations”)
of any other third Person (the “primary obligor”) in any manner, whether
directly or indirectly, including any such obligation of the guaranteeing
person, whether or not contingent, (i) to

29

 

purchase any such primary obligation or any property constituting direct or
indirect security therefor, (ii) to advance or supply funds (A) for the purchase
or payment of any such primary obligation or (B) to maintain working capital or
equity capital of the primary obligor or otherwise to maintain the net worth or
solvency of the primary obligor, (iii) to purchase property, securities or
services primarily for the purpose of assuring the owner of any such primary
obligation of the ability of the primary obligor to make payment of such primary
obligation or (iv) otherwise to assure or hold harmless the owner of any such
primary obligation against loss in respect thereof; provided, however, that the
term Guarantee Obligation shall not include endorsements of instruments for
deposit or collection in the ordinary course of business. The amount of any
Guarantee Obligation of any guaranteeing person shall be deemed to be the lower
of (a) an amount equal to the stated or determinable amount of the primary
obligation in respect of which such Guarantee Obligation is made and (b) the
maximum amount for which such guaranteeing person may be liable pursuant to the
terms of the instrument embodying such Guarantee Obligation, unless such primary
obligation and the maximum amount for which such guaranteeing person may be
liable are not stated or determinable, in which case the amount of such
Guarantee Obligation shall be such guaranteeing person’s maximum reasonably
anticipated liability in respect thereof as determined by the Parent Borrower in
good faith.

     “Guaranteed Creditors”: each Administrative Agent, each Collateral
Agent, each Issuing Lender, the Lenders and each party (other than any Loan
Party) party to an Interest Rate Protection Agreement or Permitted Hedging
Agreement to the extent such party constitutes a Secured Party under the
Security Documents.

     “Guarantor Obligations”: as defined in the U.S. Guarantee and
Collateral Agreement as though Holdings were a Guarantor thereunder.

     “Guarantors”: the collective reference to Holdings, the U.S. Borrowers
(solely with respect to the obligations of the Canadian Borrowers hereunder and
under each other Loan Document) and each Subsidiary of the Parent Borrower
(other than (a) a Borrower, (b) any Foreign Subsidiary (excluding any Canadian
Subsidiary Guarantor) and (c) any Subsidiary of a Foreign Subsidiary (excluding
any Canadian Subsidiary Guarantor)), which is from time to time party to the
U.S. Guarantee and Collateral Agreement or the Canadian Guarantee Agreement, as
applicable; individually, a “Guarantor”.

     “Holdings”: as defined in the Preamble hereto.

     “Immaterial Subsidiary”: any Subsidiary that (i) had less than
$5,000,000 of annual revenues and less than $5,000,000 of assets and (ii) has
been designated as such by the Parent Borrower in a written notice delivered to
the U.S. Administrative Agent (other than any such Subsidiary as to which the
Parent Borrower has revoked such designation by written notice to the U.S.
Administrative Agent); provided that at no time shall the Immaterial
Subsidiaries so designated by the Parent Borrower have annual revenues or assets
in excess of $10,000,000 in the aggregate.

     “Incremental Commitment Agreement”: as defined in subsection
2.7(b)(i).

     “Incremental Term Loan”: as defined in subsection 2.1(c).

30

 

     “Incremental Term Loan Borrowing Date”: for any Incremental Term Loan,
the date specified as such in the respective Incremental Commitment Agreement
pursuant to which such Incremental Term Loans are to be made.

     “Incremental Term Loan Commitment”: for each Incremental Term Loan
Lender, the commitment of such Incremental Term Loan Lender to make Incremental
Term Loans pursuant to subsection 2.7 on a given Incremental Term Loan Borrowing
Date, as such commitment (x) is set forth in the respective Incremental
Commitment Agreement delivered pursuant to subsection 2.7(b) or (y) may be
terminated pursuant to subsections 2.3 or Section 9.

     “Incremental Term Loan Lender”: each Lender with an Incremental Term
Loan Commitment or outstanding Incremental Term Loans.

     “Incremental Term Loan Note”: as defined in subsection 2.1(c).

     “Indebtedness”: of any Person at any date, (a) all indebtedness of
such Person for borrowed money or for the deferred purchase price of property or
services (other than trade liabilities incurred in the ordinary course of
business and payable in accordance with customary practices), (b) any other
indebtedness of such Person which is evidenced by a note, bond, debenture or
similar instrument, (c) all obligations of such Person under Financing Leases,
(d) all obligations of such Person in respect of letters of credit, bankers’
acceptances or bank guarantees issued or created for the account of such Person,
(e) for purposes of subsection 8.2 and subsection 9(e) only, all obligations of
such Person in respect of interest rate protection agreements, interest rate
futures, interest rate options, interest rate caps and any other interest rate
hedge arrangements, and (f) all indebtedness or obligations of the types
referred to in the preceding clauses (a) through (e) to the extent secured by
any Lien on any property owned by such Person even though such Person has not
assumed or otherwise become liable for the payment thereof.

     “Individual Canadian RCF Lender Exposure”: of any Canadian RCF Lender,
at any time, the sum of (a) the aggregate principal amount of all Canadian RCF
Loans made by such Canadian RCF Lender (using the Dollar Equivalent thereof in
the case of any such Canadian RCF Loans denominated in Canadian Dollars) and
then outstanding and (b) the sum of such Canadian RCF Lender’s Canadian RCF
Commitment Percentage in each then outstanding Canadian RCF Letter of Credit
multiplied by the sum of the Stated Amount of the respective Canadian RCF
Letters of Credit and any Unpaid Drawings (in each case using the Dollar
Equivalent thereof in the case of Canadian RCF Letters of Credit denominated in
Canadian Dollars) at such time.

     “Individual Lender Exposure”: of any RCF Lender, at any time, the sum
of such Lender’s (a) Individual U.S. RCF Lender Exposure and (b) Individual
Canadian RCF Lender Exposure.

     “Individual U.S. RCF Lender Exposure”: of any U.S. RCF Lender, at any
time, the sum of (a) the aggregate principal amount of all U.S. RCF Loans made
by such U.S. RCF Lender and then outstanding, (b) the sum of such U.S. RCF
Lender’s U.S. RCF Commitment Percentage in each then outstanding U.S. RCF Letter
of Credit multiplied by the sum of the

31

 

Stated Amount of the then outstanding U.S. RCF Letters of Credit and any Unpaid
Drawings at such time and (c) such RCF Lender’s U.S. RCF Commitment Percentage
of the Swing Line Loans then outstanding.

          “Initial Term Loan”: as defined in subsection 2.1(a).

          “Initial Term Loan Commitment”: with respect to each Term Loan Lender,
the commitment of such Term Loan Lender hereunder to make Initial Term Loans to
the Parent Borrower and RSC in the principal amount set forth opposite its name
on Schedule A hereto. The original aggregate amount of the Initial Term Loan
Commitments on the Closing Date is $250,000,000.

          “Initial Term Loan Note”: as defined in subsection 2.1(b).

          “Insolvency”: with respect to any Multiemployer Plan, the condition
that such Plan is insolvent within the meaning of Section 4245 of ERISA.

          “Insolvent”: pertaining to a condition of Insolvency.

          “Intellectual Property”: all United States and foreign patents, patent
applications, trademarks, trademark applications, trade names, copyrights,
technology, know-how and processes.

          “Intercreditor Agreement”: the Intercreditor Agreement dated as of the
date hereof among the U.S. Collateral Agent, the collateral agent under the
Second-Lien Term Loan Credit Agreement, and certain of the Loan Parties, as the
same may be amended, modified and/or supplemented from time to time in
accordance with the terms thereof.

          “Interest Payment Date”: (a) as to any ABR Loan, the last day of each
March, June, September and December to occur while such Loan is outstanding, and
the final maturity date of such Loan, (b) as to any Eurocurrency Loan having an
Interest Period of three months or less, the last day of such Interest Period,
and (c) as to any Eurocurrency Loan having an Interest Period longer than three
months, (i) each day which is three months, or a whole multiple thereof, after
the first day of such Interest Period and (ii) the last day of such Interest
Period.

          “Interest Period”: with respect to any Eurocurrency Loan:

     (a) initially, the period commencing on the borrowing or conversion
date, as the case may be, with respect to such Eurocurrency Loan and ending
one, two, three or six months (or nine or twelve months, to the extent
agreed to by all Lenders of the respective Tranche of such Loan)
thereafter, as selected by the applicable Borrower in its notice of
borrowing or notice of conversion, as the case may be, given with respect
thereto; and

     (b) thereafter, each period commencing on the last day of the next
preceding Interest Period applicable to such Eurocurrency Loan and ending
one, two, three or six months (or nine or twelve months, to the extent
agreed to by all Lenders of the respective Tranche of such Loan)
thereafter, as selected by the applicable Borrower by irrevocable

32

 

notice to the U.S. Administrative Agent or the Canadian Administrative
Agent, as applicable, not less than three Business Days prior to the last
day of the then current Interest Period with respect thereto;
provided that all of the foregoing provisions relating to Interest Periods
are subject to the following:

     (i) if any Interest Period would otherwise end on a day that is
not a Business Day, such Interest Period shall be extended to the next
succeeding Business Day unless the result of such extension would be
to carry such Interest Period into another calendar month in which
event such Interest Period shall end on the immediately preceding
Business Day;

     (ii) any Interest Period that would otherwise extend beyond the
respective Maturity Date for any Loans shall (for all purposes other
than subsection 4.12) end on the respective Maturity Date for such
Loans;

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

     (iv) the applicable Borrower shall select Interest Periods so as
not to require a scheduled payment of any Eurocurrency Loan during an
Interest Period for such Loan.

          “Interest Rate Protection Agreement”: any interest rate protection
agreement, interest rate future, interest rate option, interest rate cap or
collar or other interest rate hedge arrangement in form and substance, and for a
term, reasonably satisfactory to the U.S. Administrative Agent, to or under
which the Parent Borrower or any of its Subsidiaries is or becomes a party or a
beneficiary.

          “Inventory”: inventory as such term is defined in Article 9 of the UCC
or (to the extent governed thereby) any similar provision of the PPSA.

          “Investment”: as defined in subsection 8.8.

          “Investment Company Act”: the Investment Company Act of 1940, as
amended from time to time.

          “Investment Property”: “investment property” (as such term is defined
in Article 9 of the UCC) or (to the extent governed thereby) the PPSA, and any
and all supporting obligations in respect thereof.

          “Issuing Lender”: any Canadian RCF Issuing Lender and any U.S. RCF
Issuing Lender.

          “Judgment Conversion Date”: as defined in subsection 11.8.

33

 

     “Judgment Currency”: as defined in subsection 11.8.

     “L/C Fee Payment Date”: with respect to any Letter of Credit, the last
day of each March, June, September and December to occur after the date of
issuance thereof to and including the first such day to occur on or after the
date of expiry thereof; provided that if any L/C Fee Payment Date would
otherwise occur on a day that is not a Business Day, such L/C Fee Payment Date
shall be the immediately preceding Business Day.

     “L/C Fees”: as defined in subsection 3.3.

     “L/C Obligations”: the U.S. RCF L/C Obligations and the Canadian RCF
L/C Obligations.

     “L/C Participants”: the U.S. RCF L/C Participants and the Canadian RCF
L/C Participants.

     “L/C Request”: a letter of credit request in the form of Exhibit D
attached hereto or, in such other form as the respective Issuing Lender may
specify from time to time, requesting the Issuing Lender to issue a Letter of
Credit.

     “Lead Arrangers”: DBSI and CGMI, as Joint Lead Arrangers and Joint
Bookrunners.

     “Lenders”: the several banks and other financial institutions from
time to time parties to this Agreement together with, in each case, any
affiliate of any such bank or financial institution through which such bank or
financial institution elects, by notice to the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, and the Borrowers, to make any
Term Loans, RCF Loans, Swing Line Loans or Letters of Credit available to any
Borrower, provided that for all purposes of voting or consenting with respect to
(a) any amendment, supplementation or modification of any Loan Document, (b) any
waiver of any of the requirements of any Loan Document or any Default or Event
of Default and its consequences or (c) any other matter as to which a Lender may
vote or consent pursuant to subsection 11.1 hereof, the bank or financial
institution making such election shall be deemed the “Lender” rather than such
affiliate, which shall not be entitled to so vote or consent.

     “Letters of Credit” or “L/Cs”: the U.S. RCF Letters of Credit and the
Canadian RCF Letters of Credit.

     “Lien”: any mortgage, pledge, hypothecation, assignment, security
deposit arrangement, encumbrance, lien (statutory or other), charge or other
security interest or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including, without
limitation, any conditional sale or other title retention agreement and any
Financing Lease having substantially the same economic effect as any of the
foregoing).

     “Liquidity Event”: the determination by the U.S. Administrative Agent
that Available RCF Commitments on any day are less than $170,000,000; provided
that the U.S. Administrative Agent has notified the Parent Borrower thereof; and
provided, further, that if the occurrence of a Liquidity Event shall be due
solely to a fluctuation in currency exchange rates

34

 

occurring within the two Business Day period immediately preceding such
occurrence, and one or more of the Borrowers, within two Business Days following
receipt of such notice from the U.S. Administrative Agent, repay Loans in an
amount such that the Available RCF Commitments following such payment exceeds
$170,000,000, a Liquidity Event shall be deemed not to have occurred. The
occurrence of a Liquidity Event shall be deemed continuing notwithstanding that
the Available RCF Commitments may thereafter exceed the amount set forth in the
preceding sentence unless and until the Available RCF Commitments exceed
$170,000,000 for 30 consecutive days, in which event a Liquidity Event shall no
longer be deemed to be continuing.

     “Loan”: a Term Loan, RCF Loan or a Swing Line Loan, as the context
shall require; collectively, the “Loans”.

     “Loan Documents”: this Agreement, any Notes, any B/A Instruments, the
L/C Requests, the Intercreditor Agreement, the U.S. Guarantee and Collateral
Agreement, the Canadian Guarantee Agreement, the Canadian Security Agreement,
any other Security Documents, any Incremental Commitment Agreement and any
Borrower Joinder Agreement, each as amended, supplemented, waived or otherwise
modified from time to time.

     “Loan Parties”: Holdings, each Borrower and each other Subsidiary of
Holdings that is a party to a Loan Document; individually, a “Loan Party”.

     “Management Investors”: the collective reference to the officers,
directors, employees and other members of the management of any Parent Entity,
the Parent Borrower or any of their Subsidiaries, or family members or relatives
thereof or trusts for the benefit of any of the foregoing, who at any particular
date shall beneficially own or have the right to acquire, directly or
indirectly, common stock of Holdings or any Parent Entity.

     “Management Subscription Agreements”: one or more stock subscription,
stock option, grant or other agreements which have been or may be entered into
between Holdings or any Parent Entity and one or more Management Investors (or
any of their heirs, successors, assigns, legal representatives or estates), with
respect to the issuance to and/or acquisition, ownership and/or disposition by
any of such parties of common stock of Holdings or any Parent Entity, or
options, warrants, units or other rights in respect of common stock of Holdings
or any Parent Entity, any agreements entered into from time to time by
transferees of any such stock, options, warrants or other rights in connection
with the sale, transfer or reissuance thereof, and any assumptions of any of the
foregoing by third parties, as amended, supplemented, waived or otherwise
modified from time to time.

     “Mandatory RCF Loan Borrowing”: as defined in subsection 2.5(c).

     “Margin Regulations”: as defined in subsection 6.1(f).

     “Margin Stock”: as defined in Regulation U.

     “Material Adverse Effect”: a material adverse effect on (a) the
business, operations, property or condition (financial or otherwise) of Holdings
and its Subsidiaries taken as a whole or (b) the validity or enforceability as
to any Loan Party party thereto of this

35

 

Agreement or any of the other Loan Documents or the rights or remedies of the
Administrative Agents, the Collateral Agents and the Lenders under the Loan
Documents or with respect to the Collateral comprising the Borrowing Base, in
each case taken as a whole.

     “Material Subsidiaries”: Subsidiaries of Holdings constituting,
individually or in the aggregate (as if such Subsidiaries constituted a single
Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under
Regulation S-X.

     “Materials of Environmental Concern”: any hazardous or toxic
substances or materials or wastes defined, listed, or regulated as such in or
under, or which may give rise to liability under, any applicable Environmental
Law, including gasoline, petroleum (including crude oil or any fraction
thereof), petroleum products or by-products, asbestos, polychlorinated biphenyls
and urea-formaldehyde insulation.

     “Maturity Date”: with respect to the relevant Tranche of Loans, the
Term Loan Maturity Date or the RCF Maturity Date, as the case may be.

     “Moody’s”: as defined in the definition of “Cash Equivalents” in this
subsection 1.1.

     “Mortgaged Properties”: any real property owned in fee by Holdings or
any of its Subsidiaries which is encumbered (or required to be encumbered) by a
Mortgage pursuant to the terms hereof.

     “Mortgages”: each of the mortgages, deeds of trust, deeds to secure
debt and similar security instruments, if any, executed and delivered by any
Loan Party to either Administrative Agent, substantially in a form reasonably
satisfactory to the applicable Administrative Agent and the Parent Borrower, as
the same may be amended, supplemented, waived or otherwise modified from time to
time.

     “Multiemployer Plan”: a Plan which is a multiemployer plan as defined
in Section 4001(a)(3) of ERISA.

     “Negotiable Collateral”: letters of credit, letter of credit rights,
instruments, promissory notes, drafts, documents, and chattel paper (including
electronic chattel paper and tangible chattel paper), and any and all supporting
obligations in respect thereof.

     “Net Cash Proceeds”: with respect to any Asset Sale (including any
Sale and Leaseback Transaction), any Recovery Event, or the issuance of any debt
securities or any borrowings by Holdings or any of its Subsidiaries, an amount
equal to the gross proceeds in cash and Cash Equivalents of such Asset Sale,
Recovery Event, sale, issuance or borrowing, net of (a) reasonable attorneys’
fees, accountants’ fees, brokerage, consultant and other customary fees,
underwriting commissions and other reasonable fees and expenses actually
incurred in connection with such Asset Sale, Recovery Event, sale, issuance or
borrowing, (b) taxes paid or reasonably estimated to be payable as a result
thereof, (c) appropriate amounts provided or to be provided by Holdings or any
of its Subsidiaries as a reserve, in accordance with GAAP, with respect to any
liabilities associated with such Asset Sale or Recovery Event and retained by
Holdings or any such Subsidiary after such Asset Sale or Recovery Event and
other appropriate

36

 

amounts to be used by Holdings or any of its Subsidiaries to discharge or pay on
a current basis any other liabilities associated with such Asset Sale or
Recovery Event, (d) in the case of an Asset Sale, Recovery Event or Sale and
Leaseback Transaction of or involving an asset subject to a Lien securing any
Indebtedness, payments made and installment payments required to be made to
repay such Indebtedness, including payments in respect of principal, interest
and prepayment premiums and penalties, (e) in the case of any Asset Sale,
Recovery Event or Sale and Leaseback Transaction of or involving an asset of any
Foreign Subsidiary that is not a Loan Party, any amount which may not be applied
as provided in subsection 4.4(b) pursuant to any applicable restrictions under
the terms of any Indebtedness of any Foreign Subsidiary that is not a Loan Party
and (f) in the case of any Asset Sale, any portion of the proceeds thereof
attributable to the Disposition of revenue earning equipment as part of such
Asset Sale.

     “Net Orderly Liquidation Value”: the orderly liquidation value (net of
costs and expenses estimated to be incurred in connection with such liquidation)
of the Loan Parties’ Rental Fleet or Eligible Inventory, as the case may be,
that is estimated to be recoverable in an orderly liquidation of such Rental
Fleet or Eligible Inventory, as the case may be, with such value to be
calculated based upon a percentage of the net book value thereof, such
percentage to be as determined from time to time by reference to the most recent
appraisal completed by a qualified third-party appraisal company (approved by
the U.S. Administrative Agent in its Permitted Discretion in consultation with
the Parent Borrower) delivered to the U.S. Administrative Agent.

     “New York Process Agent”: as defined in subsection 11.13(b).

     “Non BA Lender”: a Lender that cannot or does not as a matter of
policy issue Bankers’ Acceptances.

     “Non-Canadian Affiliate”: an Affiliate or office of a Canadian RCF
Lender or Canadian RCF Issuing Lender that is an entity (or office thereof) as
shall allow payments by any U.S. Borrower or Canadian Finco made under this
Agreement and any Notes with respect to any Extensions of Credit made to such
Borrower by such entity or office to be made without withholding of any
Non-Excluded Taxes.

     “Non-Consenting Lender”: as defined in subsection 11.1(d).

     “Non-Defaulting Lender”: Any Lender other than a Defaulting Lender.

     “Non-Excluded Taxes”: as defined in subsection 4.11(a).

     “Non-Guarantor Subsidiary”: any Subsidiary of the Parent Borrower that
is neither a Borrower nor a Subsidiary Guarantor.

     “Notes”: the collective reference to the Initial Term Loan Notes, the
RCF Notes, the Swing Line Note and the Incremental Term Loan Notes (if any).

     “Oak Hill”: as defined in the Recitals hereto.

     “Obligation Currency”: as defined in subsection 11.8.

37

 

     “Obligations”: all obligations (including guaranty obligations) of
every nature of each Loan Party from time to time owed to the Agents (including
former Agents), the Lenders or any of them, under any Loan Document, whether for
principal, premium, interest (including interest accruing after the filing of a
petition in bankruptcy or a similar proceeding with respect to such Loan Party),
fees, expenses, indemnification (including, without limitation, pursuant to
subsection 11.5) or otherwise.

     “Obligor”: any purchaser of goods or services or other Person
obligated to make payment to the Parent Borrower or any of its Subsidiaries
(other than any Subsidiary that is not a Loan Party) in respect of a purchase of
such goods or services.

     “Parent Borrower”: as defined in the Preamble hereto.

     “Parent Entity”: Holdings and any other company that is a Subsidiary
of either of the Sponsors or their respective Sponsor Affiliates (or, if the
Sponsors’ and their respective Sponsor Affiliates’ equity interests were
aggregated, that would be a Subsidiary of such Persons acting together) of which
Holdings is a Subsidiary.

     “Parent Entity Expenses”: expenses, taxes and other amounts incurred
or payable by any Parent Entity in respect of which the Parent Borrower is
permitted to make dividends and other payments pursuant to subsection 8.7.

     “Participant”: as defined in subsection 11.6(c).

     “Payment Conditions”: at any time of determination, means that (a) no
Default or Event of Default then exists or would arise as a result of making the
subject Specified Payment, (b) Available RCF Commitments are no less than
$250,000,000 immediately after giving effect to the making of such Specified
Payment, (c) immediately after giving effect to the making of such Specified
Payment, the Parent Borrower is in compliance with the covenants set forth in
subsections 8.1(a) and 8.1(b) as of the end of the most recently ended four
fiscal quarter period after giving pro forma effect to such Specified Payment as
if such Specified Payment (if applicable to such calculation) had been made as
of the first day of such period, whether or not such covenants are otherwise
then applicable to the Parent Borrower under such subsections at such time and
(d) if the aggregate amount of Specified Payments is greater than $50,000,000
(after giving effect to the then proposed Specified Payment) in the 30-day
period preceding (and including) the date of the proposed payment, at least one
Business Day prior to making the proposed Specified Payment or any further
Specified Payments, the Borrowers shall have delivered projections to the U.S.
Administrative Agent reasonably satisfactory to the U.S. Administrative Agent
demonstrating that the projected average Available RCF Commitments on the last
day of each fiscal month during the six-month period immediately succeeding any
such Specified Payment (as determined in good faith by the Parent Borrower and
certified by a Responsible Officer) shall be no less than the amount specified
in clause (b) of this definition that is applicable to the type of Specified
Payment that is proposed to be made, provided that if the aggregate amount of
Specified Payments is greater than $50,000,000 (after giving effect to the then
proposed Specified Payment) in the 30-day period preceding (and including) the
date of the proposed payment, prior to making the proposed Specified Payment or
any further Specified Payments, the Parent Borrower shall have delivered to the
Administrative Agent one Business

38

 

Day prior to the proposed action a certificate executed by a Responsible Officer
certifying compliance with the requirements of this clauses (a), (b) and (c) of
this definition, and containing the calculations (in reasonable detail) required
by preceding clause (b) and (c) hereof.

     “Payment Office”: the office of the U.S. Administrative Agent located
at 60 Wall Street, New York, NY 10005 or such other office as the U.S.
Administrative Agent may hereafter designate in writing as such to the other
parties hereto; provided that in the case of all payments of principal and
interest and/or other amounts owing with respect to Canadian RCF Loans, Canadian
RCF Letters of Credit or any Incremental Term Loans made to the Canadian
Borrowers, “Payment Office” shall mean the office of the Canadian Administrative
Agent located at 199 Bay Street, Suite 4700 Commerce Court West, Box 263,
Toronto, Ontario, Canada M5L.

     “PBGC”: the Pension Benefit Guaranty Corporation established pursuant
to Subtitle A of Title IV of ERISA (or any successor thereto).

     “Permitted Cure Securities”: common equity securities of Holdings or
any Parent Entity, or other equity securities of Holdings or any Parent Entity
that do not constitute Disqualified Capital Stock.

     “Permitted Discretion”: the commercially reasonable judgment of the
U.S. Administrative Agent or the Canadian Administrative Agent, as applicable,
exercised in good faith in accordance with customary business practices for
comparable asset-based lending transactions, as to any factor which such Agent
reasonably determines: (a) will or reasonably could be expected to adversely
affect in any material respect the value of any Eligible Rental Fleet, Eligible
Accounts, Eligible Unbilled Accounts or Eligible Inventory, the enforceability
or priority of the applicable Agent’s Liens thereon or the amount which any
Agent, the Lenders or any Issuing Lender would be likely to receive (after
giving consideration to delays in payment and costs of enforcement) in the
liquidation of such Eligible Rental Fleet, Eligible Accounts, Eligible Unbilled
Accounts or Eligible Inventory or (b) is evidence that any collateral report or
financial information delivered to such Agent by any Person on behalf of the
applicable Borrower is incomplete, inaccurate or misleading in any material
respect. In exercising such judgment, such Agent may consider, without
duplication, such factors already included in or tested by the definition of
Eligible Rental Fleet, Eligible Accounts, Eligible Unbilled Accounts or Eligible
Inventory, as well as any of the following: (i) changes after the Closing Date
in any material respect in demand for, pricing of, or product mix of Rental
Fleet; (ii) changes after the Closing Date in any material respect in any
concentration of risk with respect to Accounts; and (iii) any other factors
arising after the Closing Date that change in any material respect the credit
risk of lending to the Borrowers on the security of the Eligible Rental Fleet,
Eligible Accounts, Eligible Unbilled Accounts or Eligible Inventory.

     “Permitted Hedging Arrangement”: as defined in subsection 8.17.

     “Permitted Holders”: (a) any of Ripplewood, Oak Hill and any of their
respective Affiliates; (b) any investment fund or vehicle managed, sponsored or
advised by Ripplewood, Oak Hill or any Affiliate thereof, and any Affiliate of
or successor to any such investment fund or vehicle; (c) for purposes of the
definition of “Change of Control” only, any Equity Investor

39

 

(other than those described in clauses (a) and (b) above) and the Management
Investors; provided that any Voting Stock of Holdings or any other Parent
Entity, as applicable, held by such Equity Investors and Management Investors
(taken together) in excess of 15% of the total voting power of all outstanding
Voting Stock of Holdings or the applicable Parent Entity shall be deemed not to
be held by a Permitted Holder for the purposes of determining whether a Change
of Control has occurred; and (d) any Person while acting in the capacity of an
underwriter in connection with a public or private offering of Capital Stock of
Holdings or any other Parent Entity, in the case of preceding clauses (a) and
(b), other than any of either Sponsor’s portfolio companies or any entity
controlled by any such portfolio company.

     “Permitted Liens”: as defined in subsection 8.3.

     “Person”: an individual, partnership, corporation, limited liability
company, business trust, joint stock company, trust, unincorporated association,
joint venture, Governmental Authority or other entity of whatever nature.

     “Plan”: at a particular time, any employee benefit plan which is
covered by ERISA and in respect of which Holdings or a Commonly Controlled
Entity is an “employer” as defined in Section 3(5) of ERISA.

     “PPSA”: the Personal Property Security Act (Alberta) (or any successor
statute) or similar legislation of any other Canadian jurisdiction, including
the Civil Code of Québec, the laws of which are required by such legislation to
be applied in connection with the issue, perfection, enforcement, opposability,
validity or effect of security interests.

     “Pricing Grid”: with respect to (a) RCF Loans and Swing Line Loans:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Applicable	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Margin for RCF	 	 	 	 
	 	 	Applicable	 	 	 	 	 	 	Loans	 	 	 	 
	 	 	Margin for RCF	 	 	Applicable	 	 	Maintained as	 	 	 	 
	 	 	Loans	 	 	Margin for RCF	 	 	Eurocurrency	 	 	 	 
	 	 	Maintained as	 	 	Loans	 	 	Loans and	 	 	 	 
	 	 	ABR Rate ABR	 	 	Maintained as	 	 	Bankers’	 	 	Applicable	 
	Consolidated	 	Loans and Swing	 	 	Canadian Prime	 	 	Acceptance	 	 	Margin for BA	 
	Leverage Ratio	 	Line Loans	 	 	Rate ABR Loans	 	 	Loans	 	 	Fees	 
	Greater than or
equal to 4.50:1.00
	 	 	1.00	%	 	 	1.00	%	 	 	2.00	%	 	 	2.00	%
	Greater than or
equal to 3.25:1.00
but less
than 4.50:1.00
	 	 	0.75	%	 	 	0.75	%	 	 	1.75	%	 	 	1.75	%
	Less than 3.25:1.00
	 	 	0.50	%	 	 	0.50	%	 	 	1.50	%	 	 	1.50	%

40

 

     Each determination of the Consolidated Leverage Ratio pursuant to the Pricing Grid shall be made in a manner consistent with the determination thereof
pursuant to subsection 8.1; and

     (b) RCF Commitments:

	 	 	 	 	 
		 	Applicable Commitment	 
	Average RCF Loan Utilization	 	Fee Rate	 
	Equal to or Greater than 50%
	 	 	0.250	%
	Less than 50%
	 	 	0.375	%

     “Prime Rate”: as defined in the definition of the term “ABR” in this
subsection 1.1.

     “Qualified Canadian Subsidiary Guarantor”: each Canadian Subsidiary
Guarantor that is a Wholly Owned Subsidiary of the Parent Borrower.

     “Qualified Loan Parties”: each U.S. Borrower, each Canadian Borrower
and each Qualified Subsidiary Guarantor, but in any event shall not include
Canadian Finco.

     “Qualified Subsidiary Guarantor”: each Qualified U.S. Subsidiary
Guarantor and each Qualified Canadian Subsidiary Guarantor.

     “Qualified U.S. Subsidiary Guarantor”: each U.S. Subsidiary Guarantor
that is a Wholly Owned Subsidiary of the Parent Borrower.

     “RCF Commitment Period”: the period from the Closing Date until the
date the RCF Commitments terminate hereunder.

     “RCF Commitments”: as to any RCF Lender, its U.S. RCF Commitment and
its Canadian RCF Commitment. The original amount of the aggregate RCF
Commitments of the RCF Lenders is $1,450,000,000.

     “RCF Lender”: any Lender having an RCF Commitment hereunder and/or a
RCF Loan outstanding hereunder.

41

 

     “RCF Loan”: each U.S. RCF Loan and each Canadian RCF Loan.

     “RCF Maturity Date”: November 30, 2011.

     “RCF Note”: as defined in subsection 2.2(e).

     “Recapitalization”: as defined in the Recitals hereto.

     “Recapitalization Agreement”: as defined in the Recitals hereto.

     “Recapitalization Documents”: the Recapitalization Agreement and each
other document or agreement relating to the Recapitalization as the same may be
amended, modified and/or supplemented from time to time in accordance with the
terms hereof and thereof.

     “Recapitalized Business”: RSC and RSC Canada.

     “Recovery Event”: any settlement of or payment in respect of any
property or casualty insurance claim or any condemnation proceeding relating to
any asset of Holdings or any of its Subsidiaries giving rise to Net Cash
Proceeds to Holdings or such Subsidiary, as the case may be, in excess of
$10,000,000, to the extent that such settlement or payment does not constitute
reimbursement or compensation for amounts previously paid by Holdings or any of
its Subsidiaries in respect of such casualty or condemnation.

     “Refinance”: with respect to any then outstanding Indebtedness, the
issuance of Indebtedness issued or given in exchange for, or the proceeds of
which are used to, extend, refinance, renew, replace, substitute or refund such
theretofore outstanding Indebtedness.

     “Refunded Swing Line Loans”: as defined in subsection 2.5(c).

     “Register”: as defined in subsection 11.6(b)(iv).

     “Regulation S-X”: Regulation S-X promulgated by the Securities and
Exchange Commission, as in effect on the Closing Date.

     “Regulation T”: Regulation T of the Board as in effect from time to
time.

     “Regulation U”: Regulation U of the Board as in effect from time to
time.

     “Regulation X”: Regulation X of the Board as in effect from time to
time.

     “Reimbursement Obligations”: the obligation of the applicable Borrower
to reimburse the applicable Issuing Lender pursuant to subsection 3.5(a) for
amounts drawn under the applicable Letters of Credit.

     “Reinvested Amount”: with respect to any Asset Sale permitted by
subsection 8.6(h) or Recovery Event, that portion of the Net Cash Proceeds
thereof (which portion shall not exceed, with respect to any Asset Sale
occurring on or after the Closing Date (but not any Recovery Event),
$125,000,000 minus the aggregate Reinvested Amounts with respect to all such
Asset Sales on or after the Closing Date) as shall, according to a certificate
of

42

 

a Responsible Officer of the Parent Borrower delivered to the U.S.
Administrative Agent within 30 days of such Asset Sale or Recovery Event, be
reinvested in the business of the Parent Borrower and its Subsidiaries in a
manner consistent with the requirements of subsection 8.16 and the other
provisions hereof within 180 days of the receipt of such Net Cash Proceeds with
respect to any such Asset Sale or Recovery Event or, if such reinvestment is in
a project authorized by the board of directors of RSC or any Parent Entity that
will take longer than such 180 days to complete, the period of time necessary to
complete such project; provided that (a) if any such certificate of a
Responsible Officer is not delivered to the U.S. Administrative Agent on the
date of such Asset Sale or Recovery Event, subject to the terms of the
Intercreditor Agreement, any Net Cash Proceeds of such Asset Sale or Recovery
Event shall be immediately (i) deposited in a cash collateral account
established at the applicable Administrative Agent to be held as collateral in
favor of such Administrative Agent for the benefit of the applicable Lenders on
terms reasonably satisfactory to the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, and shall remain on deposit in such cash
collateral account until such certificate of a Responsible Officer is delivered
to the U.S. Administrative Agent or (ii) used to make a prepayment of the RCF
Loans in accordance with subsection 4.4(a); provided that, notwithstanding
anything in this Agreement to the contrary, (a) no Borrower may request any
Extension of Credit under the U.S. RCF Commitments or Canadian RCF Commitments
that would reduce the aggregate amount of the Available U.S. RCF Commitments or
Available Canadian RCF Commitments, respectively, to an amount that is less than
the amount of any such prepayment until such certificate of a Responsible
Officer is delivered to the U.S. Administrative Agent and (b) any Net Cash
Proceeds not so reinvested by the date required pursuant to the terms of this
definition shall be utilized on such day to prepay the Loans pursuant to
subsection 4.4(b).

     “Related Taxes”: (x) any taxes, charges or assessments, including but
not limited to sales, use, transfer, rental, ad valorem, value-added, stamp,
property, consumption, franchise, license, capital, net worth, gross receipts,
excise, occupancy, intangibles or similar taxes, charges or assessments (other
than federal, state or local taxes measured by income and federal, state or
local withholding imposed by any government or other taxing authority on
payments made by Holdings or any Parent Entity other than to Holdings or another
Parent Entity), required to be paid by Holdings or any Parent Entity by virtue
of its being incorporated or having Capital Stock outstanding (but not by virtue
of owning stock or other equity interests of any corporation or other entity
other than the Parent Borrower, any of its Subsidiaries, Holdings or any Parent
Entity), or being a holding company parent of the Parent Borrower, any of its
Subsidiaries, Holdings or any Parent Entity or receiving dividends from or other
distributions in respect of the Capital Stock of the Parent Borrower, any of its
Subsidiaries, Holdings or any Parent Entity, or having guaranteed any
obligations of the Parent Borrower or any Subsidiary thereof, or having made any
payment in respect of any of the items for which the Parent Borrower or any of
its Subsidiaries is permitted to make payments to Holdings or any Parent Entity
pursuant to subsection 8.7, or acquiring, developing, maintaining, owning,
prosecuting, protecting or defending its Intellectual Property and associated
rights (including but not limited to receiving or paying royalties for the use
thereof) relating to the business or businesses of the Parent Borrower or any
Subsidiary thereof, (y) any taxes as to which ACNA has a right to
indemnification pursuant to the Recapitalization Agreement but fails to receive
payment of such indemnification owed after diligent efforts to collect such
amounts, and any taxes attributable to (i) ACNA’s receipt of, entitlement to, or
obligation to make any payment required or contemplated by the Recapitalization
Agreement and the exhibits thereto (including the

43

 

Indemnification Agreement (as defined in the Recapitalization Agreement)) or
(ii) the issuance by ACNA of a Seller Note or (z) any other federal, state,
foreign, provincial or local taxes measured by income for which Holdings or any
Parent Entity is liable up to an amount not to exceed, with respect to federal
taxes, the amount of any such taxes that the Parent Borrower and its
Subsidiaries would have been required to pay on a separate company basis, or on
a consolidated basis as if the Parent Borrower had filed a consolidated return
on behalf of an affiliated group (as defined in Section 1504 of the Code or an
analogous provision of state, local or foreign law) of which it was the common
parent, or with respect to state and local taxes, the amount of any such taxes
that the Parent Borrower and its Subsidiaries would have been required to pay on
a separate company basis, or on a combined basis as if the Parent Borrower had
filed a combined return on behalf of an affiliated group consisting only of the
Parent Borrower and its Subsidiaries.

     “Rental Fleet”: all Equipment owned by or leased to the Parent
Borrower or a Subsidiary of a Parent Borrower.

     “Reorganization”: with respect to any Multiemployer Plan, the
condition that such plan is in reorganization within the meaning of Section 4241
of ERISA.

     “Reportable Event”: any of the events set forth in §4043(c) of
ERISA, other than those events as to which the thirty day notice period is
waived under subsections .22, .23, .25, .27 or .28 of PBGC Reg. Section 4043 or
any successor regulation thereto.

     “Required Initial Term Loan Lenders”: for the Term Loan Lenders, the
sum of whose outstanding principal of Initial Term Loans as of any date of
determination represents greater than 50% of the sum of all outstanding
principal of Initial Term Loans.

     “Required Lenders”: Non-Defaulting Lenders, the sum of whose
outstanding principal amount of Term Loans (or, if prior to the occurrence of
the Closing Date, whose Initial Term Loan Commitments), RCF Commitments (or
after the termination thereof, outstanding Individual Lender Exposures) and
Incremental Term Loan Commitments as of any date of determination represent
greater than 50% of the sum of all outstanding principal of Term Loans (or if
prior to the occurrence of the Closing Date, the sum of all Term Loan
Commitments) of Non-Defaulting Lenders at such time, all RCF Commitments of all
Non-Defaulting Lenders at such time (or, after the termination thereof, the
total Individual Lender Exposures of all Non-Defaulting Lenders at such time)
and all Incremental Term Loan Commitments of all Non-Defaulting Lenders at such
time.

     “Requirement of Law”: as to any Person, the certificate of
incorporation and by-laws or other organizational or governing documents of such
Person, and any law, statute, ordinance, code, decree, treaty, rule or
regulation or determination of an arbitrator or a court or other Governmental
Authority, in each case applicable to or binding upon such Person or any of its
material property or to which such Person or any of its material property is
subject, including laws, ordinances and regulations pertaining to zoning,
occupancy and subdivision of real properties; provided that the foregoing shall
not apply to any non-binding recommendation of any Governmental Authority.

44

 

     “Responsible Officer”: as to any Person, any of the following officers
of such Person: (a) the chief executive officer or the president of such Person
or, with respect to financial matters, the chief financial officer, the
treasurer or the controller of such Person, (b) any vice president of such
Person or, with respect to financial matters, any assistant treasurer or
assistant controller of such Person, who has been designated in writing to the
U.S. Administrative Agent as a Responsible Officer by the chief executive
officer or president of such Person or, with respect to financial matters, such
chief financial officer of such Person, (c) with respect to subsection 7.7 and
without limiting the foregoing, the general counsel of such Person and (d)with
respect to ERISA matters, the senior vice president — human resources (or
substantial equivalent) of such Person.

     “Ripplewood”: as defined in the Recitals.

     “RSC”: as defined in the Preamble hereto.

     “RSC Canada”: as defined in the Preamble hereto.

     “RSC LLC I”: as defined in the Recitals.

     “S&P”: as defined in the definition of the term “Cash Equivalents” in this subsection 1.1.

     “Sale and Leaseback Real Properties”: as defined in subsection 8.11.

     “Sale and Leaseback Transaction”: as defined in subsection 8.11.

     “Schedule I Lender”: a Lender which is a Canadian chartered bank
listed on Schedule I of the Bank Act (Canada).

     “Second-Lien Obligations”: all “Obligations” as defined in the
Second-Lien Term Loan Credit Agreement, as the same may be amended,
supplemented, waived or otherwise modified from time to time in accordance with
subsection 8.13, or replaced from time to time in accordance with subsection
8.13.

     “Second-Lien Term Loan”: as defined in the Recitals, and as the same
may be amended, supplemented, waived or otherwise modified from time to time in
accordance with subsection 8.13, or refinanced or replaced from time to time in
accordance with subsection 8.13.

     “Second-Lien Term Loan Credit Agreement”: the Second-Lien Term Loan
Agreement, dated as of the date hereof, among Holdings, the Parent Borrower,
RSC, the other borrowers party thereto, the several lenders from time to time
thereto, DBNY, as Administrative Agent and Collateral Agent, Citicorp North
America, Inc., as Syndication Agent, and GE, as Senior Managing Agent and
Documentation Agent, as the same may be amended, supplemented, waived or
otherwise modified from time to time in accordance with subsection 8.13.

     “Second-Lien Term Loan Documents”: the “Loan Documents” as defined in
the Second-Lien Term Loan Credit Agreement, as the same may be amended,
supplemented, waived

45

 

or otherwise modified from time to time in accordance with subsection 8.13, or
replaced from time to time in accordance with subsection 8.13.

     “Secured Parties”: the reference to the Canadian Secured Parties, the
U.S. Secured Parties, or the collective reference thereto, as applicable.

     “Securities Act”: the Securities Act of 1933, as amended from time to
time.

     “Security Documents”: the collective reference to the Canadian
Security Documents and the U.S. Security Documents.

     “Seller”: Atlas Copco AB, a company organized under the laws of Sweden
and Atlas Copco Finance S.à.r.l., a company organized under the laws of
Luxembourg.

     “Seller Note”: collectively, one or more promissory notes issued by
ACNA (or an Affiliate of ACNA other than a Loan Party or a Subsidiary of a Loan
Party) pursuant to the terms of the Recapitalization Agreement.

     “Senior Note Documents”: the Senior Note Indenture, the Senior Notes
and each other document or agreement relating to the issuance of the Senior
Notes, as the same may be amended, supplemented, waived or otherwise modified
from time to time in accordance with the terms thereof and subsection 8.13.

     “Senior Note Indenture”: the Indenture governing the Senior Notes,
dated November 27, 2006, among the Parent Borrower and RSC, as Co-Issuers, the
Subsidiary Guarantors from time to time party thereto and Wells Fargo Bank,
National Association, as Trustee, as the same may be amended, supplemented,
waived or otherwise modified from time to time in accordance the terms thereof
and with subsection 8.13.

     “Senior Notes”: 9.5% Senior Notes due 2014 of the Parent Borrower and
RSC issued on the date hereof, as the same may be exchanged for substantially
similar unsecured senior notes, that have been registered under the Securities
Act, and as the same or such substantially similar notes may be amended,
supplemented, waived or otherwise modified from time to time in accordance with
the terms thereof and subsection 8.13.

     “Set”: the collective reference to Eurocurrency Loans or Bankers’
Acceptances, as the case may be, of a single Tranche, the then current Interest
Periods with respect to all of which begin on the same date and end on the same
later date (whether or not such Loans shall originally have been made on the
same day).

     “Single Employer Plan”: any Plan which is covered by Title IV of
ERISA, but which is not a Multiemployer Plan.

     “Solvent” and “Solvency”: with respect to any Person on a particular
date, the condition that, on such date, (a) the fair value of the property of
such Person is greater than the total amount of liabilities, including
contingent liabilities, of such Person, (b) the present fair salable value of
the assets of such Person is not less than the amount that will be required to
pay the probable liability of such Person on its debts as they become absolute
and matured, (c) such

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Person does not intend to, and does not believe that it will, incur debts or
liabilities beyond such Person’s ability to pay as such debts and liabilities
mature, and (d) such Person is not engaged in business or a transaction, and is
not about to engage in business or a transaction, for which such Person’s
property would constitute an unreasonably small amount of capital.

     “Specified Equity Contribution”: any cash equity contribution made to
any Parent Entity in exchange for Permitted Cure Securities; provided (a)(i)
such cash equity contribution to any Parent Entity and (ii) the contribution of
any proceeds therefrom to the Parent Borrower, occur (x) after the Closing Date
and (y) on or prior to the date that is 10 days after the date on which
financial statements are required to be delivered for a fiscal quarter (or
year); (b) the Parent Borrower identifies such equity contribution as a
“Specified Equity Contribution”; (c) in each four fiscal quarter period, there
shall exist a period of at least two consecutive quarters in respect of which no
Specified Equity Contribution shall have been made; and (d) the amount of any
Specified Equity Contribution included in the calculation of EBITDA hereunder
shall be limited to the amount required to effect compliance with subsection 8.1
hereof.

     “Specified Payment”: (i) any consideration paid to any Person who is
not a Loan Party in connection with any merger, consolidation or amalgamation
permitted pursuant to subsection 8.5(a), (ii) the fair market value of any
assets subject to any sale, lease, transfer or other disposition of any or all
of the assets (upon voluntary liquidation or otherwise) of any Subsidiary of
Holdings permitted pursuant to subsection 8.5(b) (solely to the extent such
sale, lease transfer or other disposition is conducted with a Person who is not
a Loan Party or a Subsidiary thereof), (iii) any dividend payment pursuant to
subsection 8.7(i), (iv) any Investment pursuant to subsection 8.8(n), (v) any
acquisition pursuant to subsection 8.9(c) and (vi) any payment, repurchase or
redemption pursuant to subsection 8.13(a).

     “Sponsor Affiliate”: any Affiliate of any Sponsor other than any of
such Sponsor’s portfolio companies or any entity controlled by any such
portfolio company.

     “Sponsors”: as defined in the Recitals hereto.

     “Spot Rate of Exchange”: (i) with respect to Canadian Dollars (except
as provided in clause (ii) below), at any date of determination thereof, the
spot rate of exchange in London that appears on the display page applicable to
Canadian Dollars on the Telerate System (or such other page as may replace such
page for the purpose of displaying the spot rate of exchange in London),
provided that if there shall at any time no longer exist such a page, the spot
rate of exchange shall be determined by reference to another similar rate
publishing service selected by the U.S. Administrative Agent and, if no such
similar rate publishing service is available, by reference to the published rate
of the U.S. Administrative Agent in effect at such date for similar commercial
transactions or (ii) with respect to any Letters of Credit denominated in
Canadian Dollars (x) for the purposes of determining the Dollar Equivalent of
L/C Obligations and for the calculation of L/C Fees and related commissions, the
spot rate of exchange quoted in the Wall Street Journal on the first Business
Day of each month (or, if same does not provide rates, by such other means
reasonably satisfactory to the U.S. Administrative Agent and the Parent
Borrower) and (y) for the purpose of determining the Dollar Equivalent of any
Letter of Credit with respect to (A) a demand for payment of any drawing under
such Letter of Credit (or any portion thereof) to any L/C Participants pursuant
to subsection 3.4(a) or (B) a notice from

47

 

any Issuing Lender for reimbursement of the Dollar Equivalent of any drawing (or
any portion thereof) under such Letter of Credit by the Parent Borrower pursuant
to subsection 3.5(a), the market spot rate of exchange quoted by the U.S.
Administrative Agent on the date of such drawing or notice, as applicable.

     “Standby Letter of Credit”: as defined in subsection 3.1(a).

     “Stated Amount”: at any time, as to any Letter of Credit, the maximum
amount (using the Dollar Equivalent thereof in the case of a Letter of Credit
denominated in Canadian Dollars) available to be drawn thereunder (regardless
of whether any conditions for drawing could then be met).

     “Subsidiary”: as to any Person, a corporation, partnership, limited
liability company or other entity (a) of which shares of stock or other
ownership interests having ordinary voting power (other than such stock or such
other ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of
such corporation, partnership, limited liability company or other entity are at
the time owned by such Person, or (b) the management of which is otherwise
controlled, directly or indirectly through one or more intermediaries, or both,
by such Person and, in the case of this clause (b), which is treated as a
consolidated subsidiary for accounting purposes. Unless otherwise qualified, all
references to a “Subsidiary” or to “Subsidiaries” in this Agreement shall refer
to a Subsidiary or Subsidiaries of the Parent Borrower.

     “Subsidiary Guarantor”: each U.S. Subsidiary Guarantor and each
Canadian Subsidiary Guarantor.

     “Supermajority Lenders”: Lenders the sum of whose outstanding
Commitments (or after the termination of such Commitments, outstanding
Individual Lender Exposures) and Term Loans representing at least 66 2/3% of the
sum of the aggregate amount of (i) the Total Commitment and (ii) all outstanding
Term Loans less the Commitments (or after the termination of such Commitments,
the sum of the Individual Lender Exposures) and outstanding Term Loans, in each
case of all Defaulting Lenders at such time.

     “Swing Line Commitment”: the Swing Line Lender’s obligation to make
Swing Line Loans pursuant to subsection 2.5.

     “Swing Line Lender”: DBNY, in its capacity as provider of the Swing
Line Loans.

     “Swing Line Loan Participation Certificate”: a certificate in
substantially the form of Exhibit B.

     “Swing Line Loans”: as defined in subsection 2.5(a).

     “Swing Line Note”: as defined in subsection 2.5(b).

     “Syndication Agent”: as defined in the Preamble hereto.

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     “Syndication Date”: the date on which the U.S. Administrative Agent,
in its sole discretion, advises the Parent Borrower that the primary syndication
of the Commitments and Loans has been completed.

     “Tax Sharing Agreement”: that certain Tax Sharing Agreement, dated as
of the date hereof, among ACNA, RSC LLC I, Holdings, the Parent Borrower and
RSC, as the same may be amended, modified and/or supplemented from time to time
in accordance with the terms hereof and thereof.

     “Taxes”: as defined in subsection 4.11(a).

     “Term Loan”: as defined in subsection 2.1(c).

     “Term Loan Commitment”: as to any Lender, its Initial Term Loan
Commitment or its Incremental Term Loan Commitment, as the case may be.

     “Term Loan Lender”: each Lender which has a Term Loan Commitment or
which has any outstanding Term Loans. Unless the context otherwise requires,
each reference in this Agreement to a Term Loan Lender includes each Term Loan
Lender and shall include references to any Affiliate of any such Lender which is
acting as a Term Loan Lender.

     “Term Loan Maturity Date”: November 30, 2012.

     “Term Loans”: as defined in subsection 2.1(c).

     “Total Borrowing Base”: as the date of any determination, the sum of
the U.S. Borrowing Base and the Canadian Borrowing Base.

     “Total Canadian RCF Commitment”: at any time, the sum of the Canadian
RCF Commitments of all of the Canadian Lenders at such time. The original Total
Canadian RCF Commitment is $75,000,000.

     “Total Commitment”: at any time, the sum of the Commitments of each of
the Lenders at such time.

     “Total U.S. RCF Commitment”: at any time, the sum of the U.S. RCF
Commitments of all of the Lenders at such time. The original Total U.S. RCF
Commitment is $1,375,000,000.

     “Tranche”: the respective facility and commitments utilized in making
Loans hereunder, with there being three Tranches on the Closing Date; namely,
Initial Term Loans, RCF Loans and Swing Line Loans. In addition, any Incremental
Term Loans made after the Closing Date shall be made pursuant to the Tranche of
Initial Term Loans or, to the extent provided in subsection 2.7(e), an
additional Tranche which shall be designated pursuant to the respective
Incremental Commitment Agreements therefor in accordance with the relevant
requirements specified in Section 2.7.

49

 

     “Transaction”: collectively, (i) the entering into of the Loan
Documents and the incurrence of Loans on the Closing Date, (ii) the consummation
of the Recapitalization, (iii) the issuance of the Senior Notes on the Closing
Date, (iv) the incurrence of the Second-Lien Term Loans on the Closing Date and
(v) the payment of all fees and expenses in connection with the foregoing.

     “Transaction Documents”: (i) the Loan Documents, (ii) the
Recapitalization Documents, (iii) the Senior Note Documents, and (iv) the
Second-Lien Term Loan Documents.

     “Transferee”: any Participant or Assignee.

     “Type”: the type of Loan determined based on the currency in which the
same is denominated, and the interest option applicable thereto, with there
being multiple Types of Loans hereunder, namely ABR Loans and Eurocurrency
Loans.

     “UCC”: the Uniform Commercial Code as in effect in the State of New
York from time to time.

     “Underfunding”: the excess of the present value of all accrued
benefits under a Plan (based on those assumptions used to fund such Plan),
determined as of the most recent annual valuation date, over the value of the
assets of such Plan allocable to such accrued benefits.

     “Uniform Customs”: the Uniform Customs and Practice for Documentary
Credits (1993 Revision), International Chamber of Commerce Publication No. 500,
or its replacement as issued by the International Chamber of Commerce.

     “Unpaid Drawing”: any Canadian Borrower Unpaid Drawing and any U.S.
Borrower Unpaid Drawing.

     “Unpaid Supplier Reserve”: at any time, with respect to the Canadian
Borrowers, the amount equal to the percentage applicable to inventory in the
calculation of the Canadian Borrowing Base multiplied by the aggregate value of
the Eligible Inventory which the Canadian Administrative Agent, acting
reasonably and in good faith, considers is or may be subject to a right of a
supplier to repossess goods pursuant to Section 81.1 of the Bankruptcy and
Insolvency Act (Canada) or any other laws of Canada or any other applicable
jurisdiction granting revendication or similar rights to unpaid suppliers, in
each case, where such supplier’s right ranks or is capable of ranking in
priority to or pari passu with one or more of the Liens granted in the Security
Documents.

     “Unutilized RCF Loan Commitment”: with respect to any Lender at any
time, an amount equal to the remainder of (x) such Lender’s RCF Commitment as in
effect at such time less (y) such Lender’s Individual Lender Exposure at such
time (excluding any amounts attributable to Swingline Loans).

     “U.S. Administrative Agent”: as defined in the Preamble hereto and
shall include any successor to the U.S. Administrative Agent appointed pursuant
to subsection 10.10.

50

 

     “U.S. Blocked Account”: as defined in subsection 4.16(c).

     “U.S. Borrower Unpaid Drawing”: drawings on U.S. RCF Letters of Credit
that have not been reimbursed by the applicable U.S. Borrower.

     “U.S. Borrowers”: the Parent Borrower, RSC and each other entity that
becomes a Borrower pursuant to subsection 7.9(b) and which is incorporated or
organized in the United States or any state or territory thereof or the District
of Columbia.

     “U.S. Borrowing Base”: as of any date of determination, the result of:

     (a) 85% of the amount of Eligible U.S. Accounts, plus

     (b) 85% of the amount of Eligible Unbilled Accounts owned by the U.S.
Loan Parties (not to exceed 50% of the amount calculated under clause (a)
above), plus

     (c) (i) 50% of the amount of the Value of Eligible U.S. Inventory, or
(ii) if the amount calculated pursuant to preceding clause (i) is greater
than 5.0% of the U.S. Borrowing Base, the lesser of (A) the amount
calculated pursuant to preceding clause (i), and (B) 85% of the Net Orderly
Liquidation Value of Eligible U.S. Inventory, plus

     (d) the lesser of

     (i) 95% times the net book value of the Eligible U.S. Rental
Fleet, and

     (ii) 85% times the Net Orderly Liquidation Value of Eligible U.S.
Rental Fleet, minus

     (e) the amount of all Availability Reserves related to the U.S. RC
Facility, minus

     (f) the U.S. Borrowers’ and the Qualified U.S. Subsidiary Guarantors’
exposure under Interest Rate Protection Agreements and Permitted Hedging
Arrangements, as reasonably determined by the U.S. Administrative Agent,
(x) based on the mark-to-market value(s) for such Interest Rate Protection
Agreements and Permitted Hedging Agreements (determined based upon one or
more mid-market or other readily available quotations provided by any
recognized dealer in such Interest Rate Protection Agreements and Permitted
Hedging Agreements) or (y) at the U.S. Administrative Agent’s sole
discretion, in another manner acceptable to the Parent Borrower, minus

     (g) the aggregate principal amount of all outstanding Term Loans at
such time.

     “U.S. Collateral Agent”: as defined in the Recitals hereto.

     “U.S. Extender of Credit”: as defined in subsection 4.11(b).

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     “U.S. Guarantee and Collateral Agreement”: the U.S. Guarantee and
Collateral Agreement delivered to the U.S. Collateral Agent as of the date
hereof, substantially in the form of Exhibit G-2, as the same may be amended,
supplemented, waived or otherwise modified from time to time.

     “U.S. Loan Parties”: the U.S. Borrowers and each U.S. Subsidiary
Guarantor

     “U.S. Mortgaged Property”: each Real Property located in the United
States or any State or territory thereof with respect to which a Mortgage is
required to be delivered pursuant to the terms of this Agreement.

     “U.S. RC Facility”: the revolving credit facility available to the
U.S. Borrowers hereunder pursuant to subsection 2.2(a).

     “U.S. RCF Commitment”: with respect to each U.S. RCF Lender, the
commitment of such U.S. RCF Lender hereunder to make Extensions of Credit to the
U.S. Borrowers in the amount set forth opposite its name on Schedule A hereto or
as may subsequently be set forth in the Register from time to time.

     “U.S. RCF Commitment Percentage”: of any U.S. RCF Lender at any time
shall be that percentage which is equal to a fraction (expressed as a
percentage) the numerator of which is the U.S. RCF Commitment of such U.S. RCF
Credit Lender at such time and the denominator of which is the Total U.S. RCF
Commitment at such time, provided that if any such determination is to be made
after the Total U.S. RCF Commitment (and the related U.S. RCF Commitments of the
Lenders) has (or have) terminated, the determination of such percentages shall
be made immediately before giving effect to such termination.

     “U.S. RCF Issuing Lender”: as the context may require, (i) DBNY or
(ii) any U.S. RCF Lender, which at the request of the Parent Borrower and with
the consent of the U.S. Administrative Agent (such consent not to be
unreasonably withheld or delayed), agrees, in such U.S. RCF Lender’s sole
discretion, to also become a U.S. RCF Issuing Lender for the purpose of issuing
U.S. RCF Letters of Credit.

     “U.S. RCF L/C Obligations”: at any time, an amount equal to the sum of
(a) the aggregate then undrawn and unexpired amount of the then outstanding U.S.
RCF Letters of Credit and (b) the aggregate amount of drawings under U.S. RCF
Letters of Credit which have not then been reimbursed pursuant to subsection
3.5(a).

     “U.S. RCF L/C Participants”: the U.S. RCF Lenders.

     “U.S. RCF Lender”: each Lender which has a U.S. RCF Commitment
(without giving effect to any termination of the Total U.S. RCF Commitment if
there are any outstanding U.S. RCF L/C Obligations) or which has any outstanding
U.S. RCF Loans (or a U.S. RCF Commitment Percentage in any then outstanding U.S.
RCF L/C Obligations). Unless the context otherwise requires, each reference in
this Agreement to a U.S. RCF Lender includes each U.S. RCF Lender and shall
include references to any Affiliate of any such Lender which is acting as a U.S.
RCF Lender.

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     “U.S. RCF Letters of Credit”: Letters of Credit issued by the U.S. RCF
Issuing Lender to, or for the account of the U.S. Borrowers, pursuant to
subsection 3.1.

     “U.S. RCF Loan”: as defined in Subsection 2.2(a).

     “U.S. Rental Fleet”: the Rental Fleet located in the United States of
America or the District of Columbia.

     “U.S. Secured Parties”: the “Secured Parties” as defined in the U.S.
Guarantee and Collateral Agreement.

     “U.S. Security Documents”: the collective reference to each Mortgage
related to any U.S. Mortgaged Property, the U.S. Guarantee and Collateral
Agreement and all other similar security documents hereafter delivered to the
U.S. Collateral Agent granting or perfecting a Lien on any asset or assets of
any Person to secure the obligations and liabilities of the U.S. Loan Parties
hereunder and/or under any of the other Loan Documents or to secure any
guarantee of any such obligations and liabilities, including any security
documents executed and delivered or caused to be delivered to the U.S.
Collateral Agent pursuant to subsection 7.9(a), 7.9(b) or 7.9(c), in each case,
as amended, supplemented, waived or otherwise modified from time to time.

     “U.S. Subsidiaries Guaranty”: the guaranty of the obligations of the
Borrowers under the Loan Documents provided pursuant to the U.S. Guarantee and
Collateral Agreement.

     “U.S. Subsidiary Guarantor”: each Domestic Subsidiary of the Parent
Borrower which executes and delivers a U.S. Subsidiary Guaranty, in each case,
unless and until such time as the respective U.S. Subsidiary Guarantor ceases to
constitute a Domestic Subsidiary of the Parent Borrower or is released from all
of its obligations under the U.S. Subsidiaries Guaranty in accordance with terms
and provisions thereof.

     “U.S. Tax Compliance Certificate”: as defined in subsection
4.11(b)(Y)(iii).

     “Value”: with reference to the value of Inventory, value determined on
the basis of the lower of cost or market of such Inventory, with the cost
thereof calculated on a first-in, first-out basis, determined in accordance with
GAAP.

     “Voting Stock”: shares of Capital Stock entitled to vote generally in
the election of directors.

     “Weighted Average Life to Maturity”: when applied to any Indebtedness
at any date, the number of years obtained by dividing (i) the then outstanding
principal amount of such Indebtedness into (ii) the product obtained by
multiplying (x) the amount of each then remaining installment or other required
scheduled payments of principal, including payment at final maturity, in respect
thereof, by (y) the number of years (calculated to the nearest one-twelfth) that
will elapse between such date and the making of such payment.

     “Wholly Owned Subsidiary”: as to any Person, any Subsidiary of such
Person of which such Person owns, directly or indirectly through one or more
Wholly Owned Subsidiaries,

53

 

all of the Capital Stock of such Subsidiary other than directors qualifying
shares or shares held by nominees.

     1.2 Other Definitional Provisions. (a) Unless otherwise specified
therein, all terms defined in this Agreement shall have the defined meanings
provided herein when used in any Notes, any other Loan Document or any
certificate or other document made or delivered pursuant hereto or thereto.

     (b) As used herein and in any Notes and any other Loan Document, and
any certificate or other document made or delivered pursuant hereto or thereto,
accounting terms relating to Holdings and its Subsidiaries not defined in
subsection 1.1 and accounting terms partly defined in subsection 1.1, to the
extent not defined, shall have the respective meanings given to them under GAAP.

     (c) The words “hereof”, “herein” and “hereunder” and words of similar
import when used in this Agreement shall refer to this Agreement as a whole and
not to any particular provision of this Agreement, and Section, subsection,
Schedule and Exhibit references are to this Agreement unless otherwise
specified. The words “include”, “includes” and “including” shall be deemed
to be
followed by the phrase “without limitation”.

     (d) The meanings given to terms defined herein shall be equally
applicable to both the singular and plural forms of such terms.

     Section 2. Amount and Terms of Commitments.

     2.1 Initial Term Loans. (a) Subject to the terms and conditions
hereof, (a) each Lender holding an Initial Term Loan Commitment severally agrees
to make, in a single draw on the Closing Date, one or more term loans to the
U.S. Borrowers, on a joint and several basis (each, an “Initial Term Loan” and,
collectively the “Initial Term Loans”), which Initial Term Loans:

     (i) shall be denominated in Dollars;

     (ii) shall, at the option of the Parent Borrower, be incurred and
maintained as, and/or converted into, ABR Loans or Eurocurrency Loans,
provided that except as otherwise specifically provided in subsection 4.9
and 4.10, all Initial Term Loans comprising the same Borrowing shall at all
times be of the same Type; and

     (iii) shall be made by each such Lender in an aggregate principal
amount which does not exceed the Initial Term Loan Commitment of such
Lender.

Once repaid, Initial Term Loans incurred hereunder may not be reborrowed.

     (b) The Parent Borrower agrees that, upon the request to the U.S.
Administrative Agent by any Lender made on or prior to the Closing Date or in
connection with any assignment pursuant to subsection 11.6(b), in order to
evidence such Lender’s Initial Term Loan, the Parent Borrower will execute and
deliver to such Lender a promissory note substantially in the form of Exhibit
A-1 (each, as amended, supplemented, replaced or otherwise

54

 

modified from time to time, an “Initial Term Loan Note”), with appropriate
insertions therein as to payee, date and principal amount, payable to such
Lender and in a principal amount equal to the unpaid principal amount of the
applicable Initial Term Loans made (or acquired by assignment pursuant to
subsection 11.6(b)) by such Lender to the Parent Borrower. Each Initial Term
Loan Note shall be dated the Closing Date (or in the case of an Initial Term
Loan Note issued in connection with Initial Term Loans acquired by assignment
pursuant to such section 11.6(b), the date of such assignment). Each Initial
Term Loan Note shall be payable as provided in subsection 2.6 and provide for
the payment of interest in accordance with subsection 4.1.

     (c) Subject to subsection 2.7 and the other terms and conditions
hereof, (a) each Lender holding an Incremental Term Loan Commitment severally
agrees to make to the U.S. Borrowers, pursuant to a single drawing on the
respective Incremental Term Loan Borrowing Date, one or more term loans (each,
an “Incremental Term Loan” and, collectively the “Incremental Term Loans”, and,
together with the Initial Term Loans, the “Term Loans”), which Incremental Term
Loans:

     (i) shall be denominated in Dollars;

     (ii) shall, at the option of the Parent Borrower, be incurred and
maintained as, and/or converted into, ABR Loans or Eurocurrency Loans,
provided that except as otherwise specifically provided in subsection 4.9
and 4.10, all Incremental Term Loans comprising the same Borrowing shall at
all times be of the same Type;

     (iii) shall be made by each such Lender in an aggregate principal
amount which does not exceed the Incremental Term Loan Commitment of such
Lender; and.

     (iv) shall not be made (and shall not be required to be made) by any
Lender to the extent the incurrence thereof (after giving effect to the use
of the proceeds thereof on the date of the incurrence thereof to repay any
amounts theretofore outstanding pursuant to this Agreement and any
repayment of outstanding RCF Loans on such date) would require a mandatory
repayment pursuant to subsection 4.4(c)(i).

Once repaid, Incremental Term Loans incurred hereunder may not be reborrowed.

     (d) Each Borrower agrees that, upon the request to the U.S.
Administrative Agent by any Lender made on or prior to the Incremental Term Loan
Borrowing Date or in connection with any assignment pursuant to subsection
11.6(b), in order to evidence such Lender’s Incremental Term Loan to such
Borrower, such Borrower will execute and deliver to such Lender a promissory
note substantially in the form of Exhibit A-2 (each, as amended, supplemented,
replaced or otherwise modified from time to time, a “Incremental Term Loan 
Note”), with appropriate insertions therein as to payee, date and principal
amount, payable to such Lender and in a principal amount equal to the unpaid
principal amount of the applicable Incremental Term Loans made (or acquired by
assignment pursuant to subsection 11.6(b)) by such Incremental Term Loan Lender
to such Borrower. Each Incremental Term Loan Note shall be dated the Incremental
Term Loan Borrowing Date (or in the case of a Term Loan Note issued in
connection with Incremental Term Loans acquired by assignment pursuant to such
section 11.6(b), the date of such assignment). Each Incremental Term Loan Note
shall be

55

 

payable as provided in subsection 2.6 and provide for the payment of interest in
accordance with subsection 4.1.

     (e) Except as otherwise provided in subsection 2.2(f), the aggregate
principal amount of Term Loans of all the Lenders shall be payable in
consecutive quarterly installments up to and including the Term Loan Maturity
Date therefor (subject to repayment as provided in subsection 4.4), on the dates
and in the principal amounts, subject to adjustment as set forth below, equal to
the respective amounts set forth below (together with all accrued interest
thereon) opposite the applicable installment dates (or, if less, the aggregate
amount of such Term Loans then outstanding):

	 	 	 
	Date	 	Amount
	Each March 31, June 30, September 30 and
December 31 following the Closing Date
ending prior to the Term Loan Maturity Date

	 	(i) $625,000 plus (ii) for each installment date
following an Incremental Term Loan Borrowing
Date, an amount equal to .25% of the aggregate
principal amount of Incremental Term Loans (other
than such Incremental Term Loans which may have
different scheduled repayments as contemplated in
subsection 2.7(e)) borrowed on such Incremental
Term Loan Borrowing Date, subject in each case to
prepayment as provided in subsection 4.4
	 
	 	 
	Term Loan Maturity Date

	 	all unpaid aggregate principal amounts of any
outstanding Term Loans

     (f) In the case of Incremental Term Loans that have different
scheduled repayment dates (and amounts) as contemplated in subsection
2.7(e),
such Incremental Term Loans shall be payable on the dates and in the amounts set
forth in the respective Incremental Commitment Agreement or Agreements relating
to such Incremental Term Loans, provided that if any such Incremental Term Loans
are subsequently incurred, the amount of the then remaining scheduled
installments of such Incremental Term Loans shall be proportionally increased
(with the aggregate amount of increases to the then remaining scheduled
installments to equal the aggregate principal amount of such new Incremental
Term Loans then being incurred).

     2.2 RCF Commitments. (a) Subject to and upon the terms and conditions
set forth herein, each Lender with a U.S. RCF Commitment severally agrees to
make, at any time

56

 

during the RCF Commitment Period, a RCF Loan or RCF Loans to the U.S. Borrowers
(on a joint and several basis as between the U.S. Borrowers) (each a “U.S. RCF 
Loan” and, collectively, the “U.S. RCF Loans”), which U.S. RCF Loans:

     (i) shall be denominated in Dollars;

     (ii) shall, at the option of the U.S. Borrowers, be incurred and
maintained as, and/or converted into, ABR Loans or Eurocurrency Loans,
provided that (A) except as otherwise specifically provided in subsection
4.9 and subsection 4.10, all U.S. RCF Loans comprising the same Borrowing
shall at all times be of the same Type, and (B) unless either the
Syndication Date has occurred or the U.S. Administrative Agent in its sole
discretion agrees otherwise (1) during the first four Business Days
following the Closing Date, all U.S. RCF Loans shall be incurred and
maintained as ABR Loans and (2) until the date that is 30 days following
the fifth Business Day following the Closing Date, all U.S. RCF Loans
incurred or maintained as, or converted into, Eurocurrency Loans shall have
an Interest Period of one month which commences and ends on the same day;

     (iii) may be repaid and reborrowed in accordance with the provisions
hereof;

     (iv) shall not be made (and shall not be required to be made) by any
U.S. RCF Lender to the extent the incurrence thereof (after giving effect
to the use of the proceeds thereof on the date of the incurrence thereof to
repay any amounts theretofore outstanding pursuant to this Agreement) would
cause the Individual U.S. RCF Lender Exposure of such U.S. RCF Lender to
exceed the amount of its U.S. RCF Commitment at such time;

     (v) shall not be made (and shall not be required to be made) by any
U.S. RCF Lender to the extent the incurrence thereof (after giving effect
to the use of the proceeds thereof on the date of the incurrence thereof to
repay any amounts theretofore outstanding pursuant to this Agreement) would
cause the Aggregate U.S. RCF Lender Exposure to exceed the Total U.S. RCF
Commitment as then in effect;

     (vi) shall not be made (and shall not be required to be made) by any
U.S. RCF Lender to the extent the incurrence thereof (after giving effect
to the use of the proceeds thereof on the date of the incurrence thereof to
repay any amounts theretofore outstanding pursuant to this Agreement) would
cause the Aggregate U.S. RCF Lender Exposure to exceed the difference of
(I) the U.S. Borrowing Base at such time (based on the Borrowing Base
Certificate last delivered) minus (II) the sum of (A) the aggregate unpaid
balance of Extensions of Credit to, or for the account of, the U.S.
Borrowers pursuant to the Canadian RC Facility plus (B) the excess of the
unpaid balance of Extensions of Credit to, or for the account of, the
Canadian Borrowers over the Canadian Borrowing Base plus (C) the aggregate
unpaid balance of Extensions of Credit to, or for the account of, Canadian
Finco pursuant to the Canadian RC Facility; and

     (vii) shall not be made (and shall not be required to be made) by any
U.S. RCF Lender to the extent any such U.S. RCF Loans to be made on any
date, individually or in the aggregate, exceed the then Available U.S. RCF
Commitments.

57

 

     (b) Subject to and upon the terms and conditions set forth herein,
each Canadian RCF Lender severally agrees to make (including through a
Non-Canadian Affiliate in the case of RCF Loans to the U.S. Borrowers or
Canadian Finco), at any time and from time to time during the RCF Commitment
Period, a RCF Loan or RCF Loans to (i)the Canadian Borrowers (on a joint and
several basis as between the Canadian Borrowers with respect to such RCF Loans
made to the Canadian Borrowers), (ii) the U.S. Borrowers (on a joint and several
basis as between the U.S. Borrowers with respect to such RCF Loans made to the
U.S. Borrowers) and (iii) from and after the date Canadian Finco executes a
Borrower Joinder Agreement, Canadian Finco (each of the foregoing, a “Canadian 
RCF Loan” and, collectively, the “Canadian RCF Loans”); which Canadian RCF
Loans:

     (i) in the case of Loans made to the Canadian Borrowers, shall be
denominated in Canadian Dollars and in the case of Loans made to the U.S.
Borrowers or to Canadian Finco, shall be denominated in U.S. Dollars;

     (ii) shall, in the case of Loans made to the Canadian Borrowers, at
the option of the Canadian Borrowers, be incurred and maintained as, and/or
converted into, ABR Loans or Bankers’ Acceptance Loans and, in the case of
Loans made to the U.S. Borrowers or to Canadian Finco, at the option of the
U.S. Borrowers, be incurred and maintained as, and/or converted into, ABR
Loans or Eurocurrency Loans, provided in each case that (A) except as
otherwise specifically provided in subsection 4.9 and subsection 4.10, all
Canadian RCF Loans comprising the same Borrowing shall at all times be of
the same Type, and (B) unless either the Syndication Date has occurred or
the U.S. Administrative Agent in its sole discretion agrees otherwise (1)
during the first four Business Days following the Closing Date, all
Canadian RCF Loans shall be incurred and maintained as ABR Loans and (2)
until the date that is 30 days following the fifth Business Day following
the Closing Date, all Canadian RCF Loans incurred and maintained as, and/or
converted into Bankers’ Acceptances Loans or Eurocurrency Loans, as
applicable, shall in the case of Eurocurrency Loans have an Interest Period
of one month which commences and ends on the same day and in the case of
Bankers’ Acceptance Loans, have the same 30 day term to maturity;

     (iii) may be repaid and reborrowed in accordance with the provisions
hereof;

     (iv) shall not be made (and shall not be required to be made) by any
Canadian RCF Lender to the extent the incurrence thereof (after giving
effect to the use of the proceeds thereof on the date of the incurrence
thereof to repay any amounts theretofore outstanding pursuant to this
Agreement) would cause the Individual Canadian RCF Lender Exposure of such
Canadian RCF Lender to exceed the amount of its Canadian RCF Commitment at
such time;

     (v) shall not be made (and shall not be required to be made) by any
Canadian RCF Lender to the extent the incurrence thereof (after giving
effect to the use of the proceeds thereof on the date of the incurrence
thereof to repay any amounts theretofore outstanding pursuant to this
Agreement) would cause the Aggregate Canadian RCF Lender Exposure to exceed
the lesser of (x) the Total Canadian RCF Commitments as then in effect and
(y) the sum of (A) the Canadian Borrowing Base at such time plus

58

 

(B) the U.S. Borrowing Base (in each case, based on the Borrowing Base
Certificate last delivered);

     (vi) shall not be made (and shall not be required to be made) by any
Canadian RCF Lender (including through any Non-Canadian Affiliate of any
Canadian RCF Lender) to the extent any such Canadian RCF Loans to be made
on any date, individually or in the aggregate, exceed the then Available
Canadian RCF Commitments;

     (vii) shall not be made (and shall not be required to be made) to any
U.S. Borrower to the extent the incurrence thereof (after giving effect to
the use of the proceeds thereof on the date of the incurrence thereof to
repay any amounts theretofore outstanding pursuant to this Agreement) would
cause the aggregate unpaid balance of Extensions of Credit to, or for the
account of, any U.S. Borrower to exceed the difference of (x) the U.S.
Borrowing Base at such time (based on the Borrowing Base Certificate last
delivered) minus (y) the excess of the unpaid balance of Extensions of
Credit to, or for the account of, the Canadian Borrowers over the Canadian
Borrowing Base at such time (based on the Borrowing Base Certificate last
delivered) minus (z) the aggregate amount of unpaid Extensions of Credit
to, or for the account of, the Canadian Finco; and

     (viii) shall not be made (and shall not be required to be made) to
Canadian Finco to the extent the incurrence thereof (after giving effect to
the use of the proceeds thereof on the date of the incurrence thereof to
repay any amounts theretofore outstanding pursuant to this Agreement) would
cause the aggregate unpaid balance of Extensions of Credit to, or for the
account of, Canadian Finco to exceed the difference of (x) the U.S.
Borrowing Base at such time (based on the Borrowing Base Certificate last
delivered) minus (y) the excess of the unpaid balance of Extensions of
Credit to, or for the account of, the Canadian Borrowers over the Canadian
Borrowing Base at such time (based on the Borrowing Base Certificate last
delivered) minus (z) the aggregate amount of Extensions of Credit to, or
for the account of, the U.S. Borrowers.

     (c) Notwithstanding anything to the contrary in subsections 2.2(a) or
(b) or elsewhere in this Agreement, the U.S. Administrative Agent and the
Canadian Administrative Agent, as applicable, shall have the right to establish
Availability Reserves in such amounts, and with respect to such matters, as the
U.S. Administrative Agent and the Canadian Administrative Agent, as applicable,
in their Permitted Discretion shall deem necessary or appropriate, against the
U.S. Borrowing Base and/or the Canadian Borrowing Base, as applicable, including
reserves with respect to (i) sums that the respective Borrowers are or will be
required to pay (such as taxes (including payroll and sales taxes), assessments,
insurance premiums, or, in the case of leased assets, rents or other amounts
payable under such leases) and have not yet paid (including an Unpaid Supplier
Reserve) and (ii) amounts owing by the respective Borrowers or, without
duplication, their respective Subsidiaries to any Person to the extent secured
by a Lien on, or trust over, any of the Collateral, which Lien or trust, in the
Permitted Discretion of the U.S. Administrative Agent or the Canadian
Administrative Agent is capable of ranking senior in priority to or pari passu
with one or more of the Liens granted in the Security Documents (such as
Canadian Priority Payables, Liens or trusts in favor of landlords, warehousemen,
carriers, mechanics, materialmen, laborers, or suppliers (including in respect
of an Unpaid Supplier Reserve), or Liens or trusts for ad valorem, excise,
sales, or other taxes where given priority

59

 

under applicable law) in and to such item of the Collateral; provided that the
such applicable Agent shall have provided the applicable Borrower at least ten
Business Days’ prior written notice of any such establishment; and provided,
further, except in respect of taxes, Unpaid Supplier Reserves and Canadian
Priority Payables, that such Agent may only establish an Availability Reserve
after the date hereof based on an event, condition or other circumstance arising
after the Closing Date or based on facts not known to such Agent as of the
Closing Date. The amount of any Availability Reserve established by such Agent
shall have a reasonable relationship to the event, condition or other matter
that is the basis for the Availability Reserve. Upon delivery of such notice,
such Agent shall be available to discuss the proposed Availability Reserve, and
the applicable Borrower may take such action as may be required so that the
event, condition or matter that is the basis for such Availability Reserve or
increase no longer exists, in a manner and to the extent reasonably satisfactory
to the applicable Agent in the exercise of its Permitted Discretion. In no event
shall such notice and opportunity limit the right of the applicable Agent to
establish such Availability Reserve, unless such Agent shall have determined in
its Permitted Discretion that the event, condition or other matter that is the
basis for such new Availability Reserve no longer exists or has otherwise been
adequately addressed by the applicable Borrower. Notwithstanding anything herein
to the contrary, Availability Reserves shall not duplicate eligibility criteria
contained in the definition of “Eligible Accounts”, “Eligible Rental Fleet”,
“Eligible Inventory” or “Eligible Unbilled Accounts” and vice versa, or reserves
or criteria deducted in computing the net book value of Eligible Rental Fleet or
Eligible Inventory or the Net Orderly Liquidation Value of Eligible Rental Fleet
or Eligible Inventory and vice versa. In addition to the foregoing, the U.S.
Administrative Agent and the Canadian Administrative Agent shall have the right,
subject to subsection 7.6, to have the Loan Parties’ Rental Fleet and/or
Eligible Inventory reappraised by Rouse Asset Services or another qualified
appraisal company selected by the U.S. Administrative Agent or the Canadian
Administrative Agent (in consultation with the Parent Borrower) from time to
time after the Closing Date for the purpose of re-determining the Net Orderly
Liquidation Value of the Eligible Rental Fleet and/or Eligible Inventory, as the
case may be, and, as a result, re-determining the U.S. Borrowing Base and/or the
Canadian Borrowing Base, as the case may be.

     (d) In the event the U.S. Borrowers are, or the Canadian Borrowers
are, as applicable, unable to comply with (i) the Borrowing Base limitations set
forth in subsections 2.2(a) and/or (b), as the case may be, or (ii) the
conditions precedent to the making of RCF Loans or the issuance of Letters of
Credit set forth in subsection 6.2, (x) the U.S. RCF Lenders hereby authorize
the U.S. Administrative Agent, for the account of the U.S. RCF Lenders, to make
U.S. RCF Loans to the U.S. Borrowers and (y) the Canadian RCF Lenders authorize
the Canadian Administrative Agent, for the account of the Canadian RCF Lenders,
to make Canadian RCF Loans to the Borrowers (other than Canadian Finco), which,
in each case, may only be made as ABR Loans (each, an “Agent Advance”) for a
period commencing on the date the U.S. Administrative Agent first receives a
notice of Borrowing requesting an Agent Advance until the earliest of (i) the
30th Business Day after such date, (ii) the date the respective Borrowers or
Borrower are again able to comply with the Borrowing Base limitations and the
conditions precedent to the making of RCF Loans and issuance of Letters of
Credit, or obtains an amendment or waiver with respect thereto and (iii) the
date the Required Lenders instruct the U.S. Administrative Agent and the
Canadian Administrative Agent to cease making Agent Advances (in each case, the
“Agent Advance Period”). Neither the U.S. Administrative Agent nor the Canadian
Administrative Agent shall make any Agent Advance to the extent that at such

60

 

time the amount of such Agent Advance (A) in the case of Agent Advances made to
the Canadian Borrowers, (I) when added to the aggregate outstanding amount of
all other Agent Advances made to the Canadian Borrowers at such time, would
exceed the lesser of (i) 5% of the Total Canadian RCF Commitments as then in
effect and (ii) the difference of (1) the sum of (a) the Canadian Borrowing Base
at such time plus (b) the U.S. Borrowing Base at such time (in each case, based
on the Borrowing Base Certificate last delivered) minus (2) the sum of (a) the
aggregate unpaid balance of Extensions of Credit to, or for the account of, the
Canadian Borrowers, (b) the aggregate unpaid balance of Extensions of Credit to,
or for the account of, the U.S. Borrowers and (c) the aggregate unpaid balance
of Extensions of Credit to, or for the account of, Canadian Finco or (II) when
added to the Aggregate Canadian RCF Lender Exposure as then in effect
(immediately prior to the incurrence of such Agent Advance), would exceed the
Total Canadian RCF Loan Commitment at such time, or (B) in the case of Agent
Advances made to the U.S. Borrowers, (I) when added to the aggregate outstanding
amount of all other Agent Advances made to the U.S. Borrowers at such time,
would exceed 5% of the U.S. Borrowing Base at such time (based on the Borrowing
Base Certificate last delivered) or (II) when added to the Aggregate U.S. RCF
Lender Exposure as then in effect (immediately prior to the incurrence of such
Agent Advance), (1) would exceed the Total U.S. RCF Commitment at such time or
(2) when added to the Aggregate Canadian RCF Lender Exposure as then in effect
(immediately prior to such Agent Advance) would exceed the sum of (a) the
Canadian Borrowing Base at such time plus (b) the U.S. Borrowing Base at such
time (in each case, based on the Borrowing Base Certificate last delivered). It
is understood and agreed that, subject to the requirements set forth above,
Agent Advances may be made by the U.S. Administrative Agent or the Canadian
Administrative Agent in their respective discretion to the extent the U.S.
Administrative Agent or the Canadian Administrative Agent deems such Agent
Advances necessary or desirable (x) to preserve and protect the applicable
Collateral, or any portion thereof, (y) to enhance the likelihood of, or
maximize the amount of, repayment of the Loans and other obligations of the Loan
Parties hereunder and under the other Loan Documents or (z) to pay any other
amount chargeable to or required to be paid by the Borrowers pursuant to the
terms of this Agreement, including payments of reimbursable expenses and other
sums payable under the Loan Documents, and that the Borrowers shall have no
right to require that any Agent Advances be made.

     (e) Each Borrower agrees that, upon the request to the U.S.
Administrative Agent by any RCF Lender made on or prior to the Closing Date or
in connection with any assignment pursuant to subsection 11.6(b), in order to
evidence such Lender’s RCF Loans to such Borrower, such Borrower will execute
and deliver to such Lender a promissory note substantially in the form of
Exhibit A-3, with appropriate insertions as to payee, date and principal amount
(each, as amended, supplemented, replaced or otherwise modified from time to
time, a “RCF Note”), payable to such Lender and in a principal amount equal to
the aggregate unpaid principal amount of all RCF Loans made by such RCF Lender
to such Borrower. Each RCF Note shall (i) be dated the Closing Date (or in the
case of an RCF Note issued in connection with RCF Commitments (and related RCF
Loans) acquired by assignment pursuant to such subsection 11.6(b), the date of
such assignment), (ii) be stated to mature on the RCF Maturity Date and (iii)
provide for the payment of interest in accordance with subsection 4.1.

     (f) Notwithstanding anything to the contrary contained herein, the
parties acknowledge and agree that (i) the Canadian Borrowers shall not be
jointly or jointly and

61

 

severally liable with (A) the U.S. Borrowers or (B) Canadian Finco for any
liabilities or obligations of (A) the U.S. Borrowers or (B) Canadian Finco
hereunder and (ii) the U.S. Borrowers shall not be jointly or jointly and
severally liable with the Canadian Borrowers for any liabilities or obligations
of the Canadian Borrowers hereunder (although it is acknowledged and agreed by
the parties hereto that the U.S. Borrowers shall provide a guarantee in respect
of the obligations of the Canadian Borrowers pursuant to the U.S. Guaranty and
Collateral Agreement).

     2.3 Procedure for Borrowings. Whenever the Borrowers borrow Loans
under this Agreement, the applicable Borrower shall give the U.S. Administrative
Agent or the Canadian Administrative Agent, as applicable, irrevocable notice
(which notice must be received by the U.S. Administrative Agent prior to (a)
12:30 P.M., New York City time, at least three Business Days prior to the
requested Borrowing Date, if all or any part of the requested Loans are to be
initially Eurocurrency Loans or Bankers’ Acceptance Loans or (b) 11:00 a.m., New
York City time (1) at least one Business Day prior to the requested Borrowing
Date for Term Loans maintained as ABR Loans and (2) on the requested Borrowing
Date, for any other ABR Loans) specifying (i) the identity of the Borrower or
Borrowers, (ii) the amount to be borrowed, (iii) the requested Borrowing Date,
(iv) whether the borrowing is to be of Eurocurrency Loans or Bankers’ Acceptance
Loans, ABR Loans or a combination thereof, (v) if the borrowing is to be
entirely or partly of Eurocurrency Loans or Bankers’ Acceptance Loans, the
respective amounts of each such Type of Loan and the respective lengths of the
initial Interest Periods therefor and (vi) if the borrowing is to be entirely or
partly Bankers’ Acceptance Loans, the length of the term thereof in accordance
with subsection 4.6(c). Each borrowing shall be in an amount equal to (x) in the
case of ABR Loans, except any ABR Loan to be used solely to pay a like amount of
outstanding Reimbursement Obligations or Swing Line Loans, an integral multiple
of $1,000,000 (or, if the Commitments then available (as calculated in
accordance with subsections 2.1(a) and (b)) are less than $1,000,000, such
lesser amount) and (y) in the case of Eurocurrency Loans, the principal amount
thereof (or in the case of Bankers’ Acceptance Loans, the Dollar Equivalent of
the principal amount thereof) equal to $5,000,000 (or, in the case of Loans made
to the Canadian Borrowers, Cdn$5,000,000) or a whole multiple of $1,000,000 (or,
in the case of Loans made to the Canadian Borrowers, Cdn$ 1,000,000) in excess
thereof. Upon receipt of any such notice from a Borrower, the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable, shall
promptly notify each applicable Lender thereof. Subject to the satisfaction of
the applicable conditions precedent specified in Section 6 (and subject to
compliance with Section 4.6(c) in the case of Bankers’ Acceptance Loans), each
applicable Lender will make the amount of its pro rata share of each borrowing
of Loans available to the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, for the account of the Borrower or
Borrowers identified in such notice at the office of the U.S. Administrative
Agent or the Canadian Administrative Agent, as applicable, specified in
subsection 11.2 prior to 12:30 P.M. (or 11:00 A.M., in the case of the initial
borrowing hereunder), New York City time, or at such other office of the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable, or at
such other time as to which the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, shall notify such Borrower or Borrowers
reasonably in advance of the Borrowing Date with respect thereto, on the
Borrowing Date requested by such Borrower or Borrowers in Dollars or Canadian
Dollars and in funds immediately available to the U.S. Administrative Agent or
the Canadian Administrative Agent, as applicable. In relation to Banker’s
Acceptance Loans, the Canadian Administrative Agent shall credit to the
applicable

62

 

Canadian Borrower’s account on the applicable Borrowing Date the BA Proceeds
less the applicable BA Fee with respect to each B/A Instrument purchased by a
Lender on that Borrowing Date. Such borrowing will then be made available to the
Borrower or Borrowers identified in such notice by the U.S. Administrative Agent
or the Canadian Administrative Agent, as applicable, crediting the account of
such Borrower or Borrowers on the books of such office with the aggregate of the
amounts made available to the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, by the applicable Lenders and in like funds
as received by the U.S. Administrative Agent or the Canadian Administrative
Agent, as applicable.

     2.4
Termination or Reduction of Commitments. The Parent Borrower (on
behalf of itself and each other Borrower) shall have the right, upon not less
than three Business Days’ notice to the U.S. Administrative Agent (which will
promptly notify the Lenders thereof), to terminate (x) the U.S. RCF Commitments,
Canadian RCF Commitments or, from time to time, to reduce the amount of the U.S.
RCF Commitments or Canadian RCF Commitments; provided that any such notice of
termination delivered by the Parent Borrower in connection with a repayment of
all outstanding Obligations may state that such notice is conditioned upon the
occurrence or non-occurrence of any event specified therein (including the
effectiveness of other credit facilities), in which case such notice may be
revoked by the Parent Borrower (by written notice to the U.S. Administrative
Agent on or prior to the specified effective date) if such condition is not
satisfied; provided further that no such termination or reduction shall be
permitted if, after giving effect thereto and to any prepayments of the RCF
Loans and Swing Line Loans made on the effective date thereof, the aggregate
principal amount of the RCF Loans and Swing Line Loans then outstanding
(including in the case of RCF Loans then outstanding in any Canadian Dollars,
the Dollar Equivalent of the aggregate principal amount thereof), when added to
the sum of the then outstanding L/C Obligations, would exceed the RCF
Commitments then in effect and/or (y) any Incremental Term Loan Commitments. Any
such reduction shall be in an amount equal to $5,000,000 or a whole multiple of
$1,000,000 in excess thereof and shall reduce permanently the applicable
Commitments then in effect.

     2.5
Swing Line Commitments. (a) Subject to the terms and conditions
hereof, the Swing Line Lender agrees to make swing line loans (individually, a
“Swing Line Loan”; collectively, the “Swing Line Loans”) to any of the U.S.
Borrowers from time to time during the Commitment Period in an aggregate
principal amount at any one time outstanding not to exceed
$25,000,000, provided
that at no time may the sum of the then outstanding Swing Line Loans, U.S. RCF
Loans and L/C Obligations exceed the lesser of (1) the U.S. RCF Commitments then
in effect and (2) the difference of (I) the U.S. Borrowing Base then in effect
(based on the most recently delivered Borrowing Base Certificate)
minus (II) the
sum of (A) the excess of the unpaid balance of Extensions of Credit made to or
for the account of, the Canadian Borrowers over the Canadian Borrowing Base
(based on the most recently delivered Borrowing Base Certificate), (B) the
aggregate unpaid balance of Extensions of Credit to, or for the account of, the
U.S. Borrowers pursuant to the Canadian RC Facility (it being understood and
agreed that the U.S. Administrative Agent shall calculate the Dollar Equivalent
of the then outstanding Canadian RCF Loans denominated in Canadian Dollars on
the date the notice of borrowing of Swing Line Loans is given for purposes of
determining compliance with this subsection) and (C) the aggregate unpaid
balance of Extensions of Credit to, or for the benefit of, Canadian Finco.
Amounts borrowed by any U.S. Borrower under this subsection 2.5 may be repaid
and, to but excluding the RCF Maturity Date, reborrowed. All Swing Line Loans
made to any U.S.

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Borrower shall be made in Dollars as ABR Loans and shall not be entitled to be
converted into Eurocurrency Loans. The Parent Borrower (on behalf of itself or
any other Borrower as the case may be) shall give the Swing Line Lender
irrevocable notice (which notice must be received by the Swing Line Lender prior
to 12:00 Noon, New York City time, on the requested Borrowing Date specifying
(1) the identity of the Borrower and (2) the amount of the requested Swing Line
Loan. The proceeds of the Swing Line Loans will be made available by the Swing
Line Lender to the Borrower identified in such notice at an office of the Swing
Line Lender by crediting the account of such Borrower at such office with such
proceeds in Dollars.

     (b) Each Borrower agrees that, upon the request to the U.S.
Administrative Agent by the Swing Line Lender made on or prior to the Closing
Date or in connection with any assignment pursuant to subsection 11.6(b), in
order to evidence the Swing Line Loans to such Borrower, such Borrower will
execute and deliver to the Swing Line Lender a promissory note substantially in
the form of Exhibit A-4, with appropriate insertions (as the same may be
amended, supplemented, replaced or otherwise modified from time to time, the
“Swing Line Note”), payable to the Swing Line Lender and representing the
obligation of such Borrower to pay the amount of the Swing Line Commitment or,
if less, the unpaid principal amount of the Swing Line Loans made to such
Borrower, with interest thereon as prescribed in subsection 4.1. The Swing Line
Note shall (i) be dated the Closing Date, (ii) be stated to mature on the RCF
Maturity Date and (iii) provide for the payment of interest in accordance with
subsection 4.1.

     (c) The Swing Line Lender, at any time in its sole and absolute
discretion may, and, at any time as there shall be a Swing Line Loan outstanding
for more than seven Business Days or when an Event of Default under subsection
9(f) has occurred, the Swing Line Lender shall, on behalf of the U.S. Borrower
to which the Swing Line Loan has been made (which hereby irrevocably directs and
authorizes such Swing Line Lender to act on its behalf), request (provided that
such request shall be deemed to have been automatically made upon the occurrence
of an Event of Default under subsection 9(f)) each U.S. RCF Lender, including
the Swing Line Lender to make a U.S. RCF Loan as an ABR Loan in an amount equal
to such U.S. RCF Lender’s U.S. RCF Commitment Percentage of the principal amount
of all Swing Line Loans made in Dollars (each, a “Mandatory RCF Loan Borrowing”)
in an amount equal to such U.S. RCF Lender’s U.S. RCF Commitment Percentage of
the principal amount of all of the Swing Line Loans (collectively, the “Refunded
Swing Line Loans”) outstanding on the date such notice is given; provided that
the provisions of this subsection shall not affect the obligations of any U.S.
Borrower to prepay Swing Line Loans in accordance with the provisions of
subsection 4.4(d). Unless the U.S. RCF Commitments shall have expired or
terminated (in which event the procedures of paragraph (d) of this subsection
2.4 shall apply), each U.S. RCF Lender hereby agrees to make the proceeds of its
U.S. RCF Loan (including any Eurocurrency Loan) available to the U.S.
Administrative Agent for the account of the Swing Line Lender at the office of
the U.S. Administrative Agent prior to 12:00 Noon, New York City time, in funds
immediately available on the Business Day next succeeding the date such notice
is given notwithstanding (i) that the amount of the Mandatory RCF Loan Borrowing
may not comply with the minimum amount for RCF Loans otherwise required
hereunder, (ii) whether any conditions specified in subsection 6.2 are then
satisfied, (iii) whether a Default or an Event of Default then exists, (iv) the
date of such Mandatory RCF Loan Borrowing and (v) the amount of the U.S. RCF
Commitment of such, or any other, U.S. RCF Lender at such time. The proceeds of
such U.S. RCF Loans shall be immediately applied to repay the Refunded Swing
Line Loans.

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     (d) If the U.S. RCF Commitments shall expire or terminate at any time
while Swing Line Loans are outstanding, each U.S. RCF Lender shall, at the
option of the Swing Line Lender, exercised reasonably, either (i)
notwithstanding the expiration or termination of the U.S. RCF Commitments, make
a U.S. RCF Loan as an ABR Loan (which U.S. RCF Loan shall be deemed a “U.S. RCF 
Loan” for all purposes of this Agreement and the other Loan Documents) or (ii)
purchase an undivided participating interest in such Swing Line Loans, in either
case in an amount equal to such U.S. RCF Lender’s U.S. RCF Commitment Percentage
(determined on the date of, and immediately prior to, expiration or termination
of the U.S. RCF Commitments) of the aggregate principal amount of such Swing
Line Loans; provided, that in the event that any Mandatory RCF Loan Borrowing
cannot for any reason be made on the date otherwise required above (including as
a result of the commencement of a proceeding under any domestic or foreign
bankruptcy, reorganization, dissolution, insolvency, receivership,
administration or liquidation or similar law with respect to any Borrower), then
each U.S. RCF Lender hereby agrees that it shall forthwith purchase (as of the
date the Mandatory RCF Loan Borrowing would otherwise have occurred, but
adjusted for any payments received from such Borrower on or after such date and
prior to such purchase) from the Swing Line Lender such participations in such
outstanding Swing Line Loans as shall be necessary to cause such U.S. RCF
Lenders to share in such Swing Line Loans ratably based upon their respective
U.S. RCF Commitment Percentages, provided, further, that (x) all interest
payable on the Swing Line Loans shall be for the account of the Swing Line
Lender until the date as of which the respective participation is required to be
purchased and, to the extent attributable to the purchased participation, shall
be payable to the participant from and after such date and (y) at the time any
purchase of participations pursuant to this sentence is actually made, the
purchasing U.S. RCF Lender shall be required to pay the Swing Line Lender
interest on the principal amount of the participation purchased for each day
from and including the day upon which the Mandatory RCF Loan Borrowing would
otherwise have occurred to but excluding the date of payment for such
participation, at the rate otherwise applicable to U.S. RCF Loans made as ABR
Loans. Each U.S. RCF Lender will make the proceeds of any U.S. RCF Loan made
pursuant to the immediately preceding sentence available to the U.S.
Administrative Agent for the account of the Swing Line Lender at the office of
the U.S. Administrative Agent prior to 12:00 Noon, New York City time, in funds
immediately available on the Business Day next succeeding the date on which the
U.S. RCF Commitments expire or terminate, in Dollars. The proceeds of such U.S.
RCF Loans shall be immediately applied to repay the Swing Line Loans outstanding
on the date of termination or expiration of the U.S. RCF Commitments. In the
event that the U.S. RCF Lenders purchase undivided participating interests
pursuant to the first sentence of this paragraph (d), each U.S. RCF Lender shall
immediately transfer to the Swing Line Lender, in immediately available funds
and in the currency in which such Swing Line Loans were made, the amount of its
participation and upon receipt thereof the Swing Line Lender will deliver to
such U.S. RCF Lender a Swing Line Loan Participation Certificate dated the date
of receipt of such funds and in such amount.

     (e) Whenever, at any time after the Swing Line Lender has received
from any U.S. RCF Lender such U.S. RCF Lender’s participating interest in a
Swing Line Loan, the Swing Line Lender receives any payment on account thereof
(whether directly from the Parent Borrower or any other Borrower in respect of
such Swing Line Loan or otherwise, including proceeds of Collateral applied
thereto by the Swing Line Lender), or any payment of interest on account
thereof, the Swing Line Lender will, if such payment is received prior to 1:00
P.M., New York City time, on a Business Day, distribute to such U.S. RCF Lender
its pro rata share thereof

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prior to the end of such Business Day and otherwise, the Swing Line Lender will
distribute such payment on the next succeeding Business Day (appropriately
adjusted, in the case of interest payments, to reflect the period of time during
which such U.S. RCF Lender’s participating interest was outstanding and funded);
provided, however, that in the event that such payment received by the Swing
Line Lender is required to be returned, such U.S. RCF Lender will return to the
Swing Line Lender any portion thereof previously distributed by the Swing Line
Lender to it.

     (f) Each U.S. RCF Lender’s obligation to make the U.S. RCF Loans and
to purchase participating interests with respect to Swing Line Loans in
accordance with subsections 2.5(c) and 2.5(d) shall be absolute and
unconditional and shall not be affected by any circumstance, including without
limitation (i) any set-off, counterclaim, recoupment, defense or other right
that such U.S. RCF Lender or any of the Borrowers may have against the Swing
Line Lender, any of the Borrowers or any other Person for any reason whatsoever;
(ii) the occurrence or continuance of a Default or an Event of Default; (iii)
any adverse change in condition (financial or otherwise) of any of the
Borrowers; (iv) any breach of this Agreement or any other Loan Document by any
of the Borrowers, any other Loan Party or any other U.S. RCF Lender; (v) any
inability of any of the Borrowers to satisfy the conditions precedent to
borrowing set forth in this Agreement on the date upon which such U.S. RCF Loan
is to be made or participating interest is to be purchased or (vi) any other
circumstance, happening or event whatsoever, whether or not similar to any of
the foregoing.

     2.6 Repayment of Loans. (a) (1) Each U.S. Borrower hereby
unconditionally promises to pay to the U.S. Administrative Agent (in the
currency in which such Loan is denominated) for the account of: (i) each Term
Loan Lender the then unpaid principal amount of each Term Loan of such Lender
made to such Borrower, on the Term Loan Maturity Date (or such earlier date on
which the Term Loans become due and payable pursuant to Section 9); (ii) each
U.S. RCF Lender or each Canadian RCF Lender, as applicable, the then unpaid
principal amount of each RCF Loan of such Lender made to such U.S. Borrower, on
the RCF Maturity Date (or such earlier date on which the RCF Loans become due
and payable pursuant to Section 9); and (iii) the Swing Line Lender, the then
unpaid principal amount of the Swing Line Loans made to such U.S. Borrower, on
the RCF Maturity Date (or such earlier date on which the Swing Line Loans become
due and payable pursuant to Section 9). Each U.S. Borrower hereby further agrees
to pay interest (which payments shall be in the same currency in which the
respective Loan referred to above is denominated) on the unpaid principal amount
of such Loans from time to time outstanding from the date hereof until payment
in full thereof at the rates per annum, and on the dates, set forth in
subsection 4.1.

     (2) For the avoidance of doubt it is acknowledged and agreed by the
parties hereto, that RSC, as co-obligor of any Loan made to another U.S.
Borrower, hereby unconditionally promises to pay to the U.S. Administrative
Agent (in the currency in which such Loan is denominated) any amount required to
be paid by such U.S. Borrower pursuant to Section 2.6(a)(1) or any other
provision to this Agreement. Any reference to a Loan being made to a U.S.
Borrower shall be treated as also having been made to RSC as co-obligor.

     (b) Each Canadian Borrower hereby unconditionally promises to pay to
the Canadian Administrative Agent (in Canadian Dollars) for the account of each
Canadian RCF

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Lender, the then unpaid principal or face amount, as the case may be, of each
Canadian RCF Loan of such Lender made to such Borrower, on the RCF Maturity Date
(or such earlier date on which the Canadian RCF Loans become due and payable
pursuant to Section 9). Each Canadian Borrower hereby further agrees to pay
interest (which payments shall be in the same currency in which the respective
Loan referred to above is denominated) on the unpaid principal amount of such
Loans from time to time outstanding from the date hereof until payment in full
thereof at the rates per annum, and on the dates, set forth in subsection 4.1.

     (c) From and after the date Canadian Finco executes a Borrower Joinder
Agreement, Canadian Finco unconditionally promises to pay to the Canadian
Administrative Agent (in Dollars), for the account of each Lender, the then
unpaid principal amount of each Loan of such Lender made to Canadian Finco, on
the respective Maturity Date (or such earlier date on which the Loans become due
and payable pursuant to Section 9). From and after the date Canadian Finco
executes a Borrower Joinder Agreement, Canadian Finco further agrees to pay
interest (in Dollars) on the unpaid principal amount of such Loans from time to
time outstanding from the date hereof until payment in full thereof at the rates
per annum, and on the dates, set forth in subsection 4.1.

     (d) Each Lender (including the Swing Line Lender) shall maintain in
accordance with its usual practice an account or accounts evidencing
indebtedness of each of the Borrowers to such Lender resulting from each Loan of
such Lender from time to time, including the amounts of principal and interest
payable and paid to such Lender from time to time under this Agreement.

     (e) The U.S. Administrative Agent shall maintain the Register pursuant
to subsection 11.6(b), and a subaccount therein for each Lender, in which shall
be recorded (i) the amount of each Loan made hereunder, the Type thereof, the
Borrowers to which such Loan is made, each Interest Period, if any, applicable
thereto and whether such Loans are Term Loans, U.S. RCF Loans, Canadian RCF
Loans or Swing Line Loans, (ii) the amount of any principal or interest due and
payable or to become due and payable from each of the Borrowers to each
applicable Lender hereunder and (iii) both the amount of any sum received by the
U.S. Administrative Agent and the Canadian Administrative Agent hereunder from
each of the Borrowers and each applicable Lender’s share thereof.

     (f) The entries made in the Register and the accounts of each Lender
maintained pursuant to subsection 2.6(e) shall, to the extent permitted by
applicable law, be prima facie evidence of the existence and amounts of the
obligations of each of the Borrowers therein recorded;
provided, however, that
the failure of any Lender or the U.S. Administrative Agent to maintain the
Register or any such account, or any error therein, shall not in any manner
affect the obligation of any Borrower to repay (with applicable interest) the
Loans made to such Borrower by such Lender in accordance with the terms of this
Agreement.

     2.7
Incremental Commitments. (a) So long as the Syndication Date has
occurred and no Default or Event of Default exists or would arise therefrom, (i)
the Canadian Borrowers shall have the right, at any time and from time to time
after the Closing Date, to request an increase of the aggregate of the then
outstanding Canadian RCF Commitments by an amount not to exceed in the aggregate
(A) $200,000,000 minus (B) the amount of any increases

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in the RCF Commitments and any Incremental Term Loan Commitments provided to the
U.S. Borrowers and/or Canadian Finco pursuant to this subsection 2.7 after the
Closing Date, (ii) the U.S. Borrowers shall have the right, at any time and from
time to time after the Closing Date, to request (x) an increase of the aggregate
of the then outstanding U.S. RCF Commitments by an amount not to exceed in the
aggregate (A) $200,000,000 minus (B) the amount of any increases in the RCF
Commitments and any Incremental Term Loan Commitments provided to the U.S.
Borrowers and/or Canadian Finco made pursuant to this subsection 2.7 after the
Closing Date and (y) the Lenders to provide Incremental Term Loan Commitments to
the U.S. Borrowers in an amount not to exceed in the aggregate (A) $200,000,000
minus (B) the amount of any increases in the RCF Commitments and any Incremental
Term Loan Commitment provided pursuant to this subsection 2.7 after the Closing
Date and (iii) Canadian Finco shall have the right, at any time and from time to
time after the date on which Canadian Finco executes and delivers a Borrower
Joinder Agreement, to request the Lenders to provide Incremental Term Loan
Commitments to Canadian Finco in an amount not to exceed in the aggregate the
lesser of (I) $75,000,000 and (II) (A) $200,000,000 minus (B) the amount of any
increases in the RCF Commitments and any Incremental Term Loan Commitment
provided to the U.S. Borrowers and/or Canadian Finco pursuant to this subsection
2.7 after the Closing Date. For the avoidance of doubt, the aggregate increase
of all RCF Commitments and all Incremental Term Loan Commitments obtained by the
Borrowers under this subsection 2.7 shall not exceed $200,000,000. Any such
requested increase shall be first made to all applicable existing Lenders on a
pro rata basis. To the extent that such existing Lenders decline to increase
their Commitments or to provide Incremental Term Loan Commitments, or decline to
increase their Commitments or to provide Incremental Term Loan Commitments to
the amount requested by the respective Borrower or Borrowers, the U.S.
Administrative Agent, in consultation with the Parent Borrower, will use
commercially reasonable efforts to arrange for other Persons to become Canadian
RCF Lenders or U.S. RCF Lenders, or to provide Incremental Term Loan
Commitments, as applicable, hereunder and to issue commitments in an amount
equal to the amount of the increase in the Total Canadian RCF Commitment
requested by the Canadian Borrowers or the Total U.S. RCF Commitment or the
Incremental Term Loan Commitments requested by the U.S. Borrowers or Canadian
Finco, as the case may be, and not accepted by the existing Lenders (each such
increase by either means, a “Commitment Increase,” and each Person issuing, or
Lender increasing, its Commitment, an “Additional Commitment Lender”), provided,
however, that (i) no Lender shall be obligated to provide a Commitment Increase
as a result of any such request by any Borrower and (ii) any Additional
Commitment Lender which is not an existing Lender shall be subject to the
approval of, (X) in the case of the U.S. RC Facility, the U.S. Administrative
Agent, the U.S. RCF Issuing Lender and the U.S. Borrowers, (Y) in the case of
the Canadian RC Facility, the Canadian Administrative Agent, the Canadian RCF
Issuing Lender and the Canadian Borrowers (each such approval not to be
unreasonably withheld) and (Z) in the case of any such Additional Commitment
Lender providing an Incremental Term Loan Commitment, the U.S. Administrative
Agent and the Parent Borrower and (iii) each Additional Commitment Lender which
is a Canadian RCF Lender shall be in compliance with the provisions of
subsection 4.15. Each Commitment Increase shall be in a minimum aggregate amount
of at least $25,000,000 and in integral multiples of $25,000,000 in excess
thereof.

          (b) No Commitment Increase shall become effective unless and until
each of the following conditions have been satisfied:

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     (i) the applicable Borrowers, the U.S. Administrative Agent, and any
Additional Commitment Lender shall have executed and delivered an
incremental commitment agreement in substantially the form of Exhibit C
hereto (“Incremental Commitment Agreement”) pursuant to which the
respective additional Commitments or Incremental Term Loan Commitments
shall be provided;

     (ii) the applicable Borrowers shall have paid such fees and other
compensation to the Additional Commitment Lenders and to the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable,
as the applicable Borrowers and such Additional Commitment Lenders shall
agree;

     (iii) the applicable Borrowers, if requested by the respective
Administrative Agent, shall deliver to the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, and the Lenders an opinion or
opinions, in form and substance reasonably satisfactory to the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable,
from counsel to the applicable Borrowers reasonably satisfactory to the
U.S. Administrative Agent or the Canadian Administrative Agent, as
applicable, and dated such date;

     (iv) an RCF Note or Incremental Term Loan Note, as applicable (to the
extent requested), will be issued at the applicable Borrowers’ expense, to
each such Additional Commitment Lender, to be in conformity with
requirements of subsection 2.1(d) or 2.2(e), as the case may be (with
appropriate modification), to the extent necessary to reflect the new
Commitment of each Additional Commitment Lender; and

     (v) the applicable Borrowers and Additional Commitment Lender shall
have delivered such other instruments, documents and agreements as the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable,
may reasonably have requested in order to effectuate the documentation of
the foregoing.

          (c) The U.S. Administrative Agent shall promptly notify each Lender as
to the effectiveness of each Commitment Increase (with each date of such
effectiveness being referred to herein as a “Commitment Increase Date”), and at
such time (i) the Commitments under, and for all purposes of, this Agreement
shall be increased by the aggregate amount of such Commitment Increases, (ii)
Schedule A shall be deemed modified, without further action, to reflect the
revised U.S. RCF Commitments and U.S. RCF Commitment Percentages of the U.S. RCF
Lenders or Canadian RCF Commitments and Canadian RCF Commitment Percentages of
the Canadian RCF Lenders and (iii) this Agreement shall be deemed amended,
without further action, to the extent necessary to reflect such increased
Commitments.

          (d) All Incremental Term Loans incurred by the U.S. Borrowers shall
constitute part of, and be added to, the Tranche of Initial Term Loans and
shall:

     (i) have the same Maturity Date and the same Weighted Average Life to
Maturity as the Tranche of Initial Term Loans, and shall bear interest at
the same rates (i.e., have the same Applicable Margins) applicable to the
Initial Term Loans, and

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     (ii) have the same scheduled repayment dates as then remain with
respect to the Initial Term Loans (with the amount of each scheduled
repayment applicable to such new Incremental Term Loans to be the same (on
a proportionate basis) as is theretofore applicable to the Initial Term
Loans, thereby increasing the amount of each then remaining scheduled
repayment.

          (e) All Incremental Term Loans incurred by Canadian Finco shall
constitute a new Tranche of Term Loans, provided that all such Incremental Term
Loans shall:

     (i) except as may be agreed to by the respective Incremental Term Loan
Lenders providing such Incremental Term Loans and the Administrative Agent
(acting reasonably), have the same Maturity Date and the same Weighted
Average Life to Maturity as the Tranche of Initial Term Loans, shall bear
interest at the same rates (i.e., have the same Applicable Margins)
applicable to the Initial Term Loans, and shall have the same scheduled
repayment dates as then remain with respect to the Initial Term Loans, and

     (ii) shall not be subject to the mandatory prepayment provisions
contained in subsection 4.4(b).

          (f) In connection with each incurrence of Incremental Term Loans
pursuant to subsection 2.1(c) that will be added to (and from a part of) the
Initial Term Loans, the Lenders and the Borrowers hereby agree that,
notwithstanding anything to the contrary contained in this Agreement, the
Borrowers and the Administrative Agent may take all such actions as may be
necessary to ensure that all Lenders with outstanding Initial Term Loans
continue to participate in each Borrowing of outstanding Initial Term Loans
(after giving effect to the incurrence of Incremental Term Loans pursuant to
subsection 2.1(c)) on a pro rata basis, including by adding the Incremental Term
Loans to be so incurred to the then outstanding Borrowings of Initial Term Loans
on pro rata basis even though as a result thereof such new Incremental Term Loan
(to the extent required to be maintained as Eurocurrency Loans), may effectively
have a shorter Interest Period than the outstanding Borrowings of Initial Term
Loans and it is hereby agreed that (x) to the extent any the outstanding
Borrowings of Initial Term Loans that are maintained as Eurocurrency Loans are
affected as a result thereof, any costs of the type described in subsection 4.12
incurred by such Lenders in connection therewith shall be for the account of the
applicable Borrowers or (y) to the extent the Incremental Term Loans to be so
incurred are added to the then outstanding Borrowings of Initial Term Loans
which are maintained as Eurocurrency Loans, the Lenders that have made such
additional Incremental Term Loans shall be entitled to receive an effective
interest rate on such additional Incremental Term Loans as is equal to the
Eurocurrency Rate as in effect two Business Days prior to the incurrence of such
additional Incremental Term Loans plus the then Applicable Margin for Initial
Term Loans until the end of the respective Interest Period or Interest Periods
with respect thereto.

          (g) In connection with the Commitment Increases hereunder, the Lenders
and the Borrowers agree that, notwithstanding anything to the contrary in this
Agreement, (i) the applicable Borrowers shall, in coordination with the U.S.
Administrative Agent, (x) repay applicable outstanding RCF Loans of certain
Lenders, and obtain applicable RCF Loans from certain other Lenders (including
the Additional Commitment Lenders), or (y) take such other

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actions as reasonably may be required by the U.S. Administrative Agent, in each
case to the extent necessary so that the Lenders effectively participate in each
of the outstanding U.S. RCF or Canadian RCF Loans, as applicable, pro rata on
the basis of their U.S. RCF Commitment Percentages or Canadian RCF Commitment
Percentages, as applicable (determined after giving effect to any increase in
the RCF Commitments pursuant to this subsection 2.7), and (ii) the applicable
Borrowers shall pay to the Lenders any costs of the type referred to in
subsection 4.12 in connection with any repayment and/or RCF Loans required
pursuant to preceding clause (i). Without limiting the obligations of the
Borrowers provided for in this subsection 2.7, the U.S. Administrative Agent and
the Lenders agree that they will use their best efforts to attempt to minimize
the costs of the type referred to in subsection 4.12 which the Borrowers would
otherwise occur in connection with the implementation of an increase in the U.S.
RCF Commitments or the Canadian RCF Commitments.

          (h) Each Lender hereby covenants and agrees to enter into any
technical amendments necessary in connection with the provision of Commitment
Increases hereunder in accordance with the provisions of this subsection 2.7 and
the respective Incremental Commitment Agreement, provided that such amendment
shall be strictly limited to the provisions necessary to incorporate the
appropriate provisions for such Commitment Increase.

          Section 3. Letters of Credit.

          3.1 L/C Commitment. (a) Subject to the terms and conditions hereof,
each Issuing Lender, in reliance on the agreements of the other RCF Lenders set
forth in subsection 3.4(a), agrees to issue Letters of Credit for the account of
the applicable Borrower (other than Canadian Finco) on any Business Day during
the Commitment Period but in no event later than the 30th day prior to the RCF
Maturity Date in such form as may be approved from time to time by the
respective Issuing Lender; provided that no Letter of Credit shall be issued if,
after giving effect to such issuance, (i) (A) aggregate Canadian RCF L/C
Obligations shall exceed $15,000,000 or (B) the aggregate Extensions of Credit
to the U.S. Borrowers, the Canadian Borrowers or any Borrower would exceed the
applicable limitations set forth in subsection 2.2 or 2.5 (it being understood
and agreed that the U.S. Administrative Agent or the Canadian Administrative
Agent shall calculate the Dollar Equivalent of the then outstanding RCF Loans in
Canadian Dollars on the date on which the applicable Borrower has requested that
the applicable Issuing Lender issue a Letter of Credit for purposes of
determining compliance with this clause (i)), (ii) the L/C Obligations in
respect of Letters of Credit would exceed $400,000,000 or (iii) the Aggregate
Outstanding RCF Credit of all the RCF Lenders would exceed the RCF Commitments
of all the RCF Lenders then in effect. Each Letter of Credit shall (i) be
denominated in Dollars or Canadian Dollars, as requested by the applicable
Borrower, and shall be either (A) a standby letter of credit issued to support
obligations of the Parent Borrower or any of its Subsidiaries (other than
Canadian Finco), contingent or otherwise, which finance or otherwise arise in
connection with the working capital and business needs of the Parent Borrower
and its Subsidiaries incurred in the ordinary course of business (a “Standby
Letter of Credit”), or (B) a commercial letter of credit in respect of the
purchase of goods or services by the Parent Borrower or any of its Subsidiaries
(other than Canadian Finco) in the ordinary course of business (a “Documentary
L/C”), and (ii) unless otherwise agreed by the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, expire no later than the earlier
of (I) (A) one year after its date of issuance and (B) the 10th day prior to the
RCF Maturity Date, in the

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case of Standby Letters of Credit (subject, if requested by the applicable
Borrower and agreed to by the Issuing Lender, to auto-renewals for successive
periods not exceeding one year and ending prior to the
10th day prior to the RCF
Maturity Date), or (II) (A) 180 days after its date of
issuance and (B) the
30th
day prior to the RCF Maturity Date, in the case of Documentary L/Cs. Each Letter
of Credit issued by the U.S. RCF Issuing Lender shall be deemed to constitute a
utilization of the U.S. RCF Commitments and each Letter of Credit issued by the
Canadian RCF Issuing Lender shall be deemed to constitute a utilization of the
Canadian RCF Commitments, and shall be participated in (as more fully described
in following subsection 3.4) by the U.S. RCF Lenders or the Canadian RCF
Lenders, as applicable, in accordance with their respective U.S. RCF Commitment
Percentages or Canadian RCF Commitment Percentages, as applicable. All Letters
of Credit issued under the U.S. RC Facility shall be denominated in Dollars and
shall be issued for the account of the applicable U.S. Borrower. All Letters of
Credit issued under the Canadian RC Facility shall be denominated in Canadian
Dollars requested by the applicable Borrower and shall be issued for the account
of the applicable Borrower.

          (b) Unless otherwise agreed by the applicable Issuing Lender and the
Parent Borrower, each Letter of Credit shall be subject to the Uniform Customs,
and, to the extent not inconsistent therewith, the laws of the State of New
York. All Letters of Credit shall be issued payable on a sight basis only.

          (c) No Issuing Lender shall at any time issue any Letter of Credit
hereunder if such issuance would conflict with, or cause such Issuing Lender or
any L/C Participant to exceed any limits imposed by, any applicable Requirement
of Law.

          (d) Notwithstanding anything contained in Section 3, no Issuing Lender
shall at any time issue any Letter of Credit for the account of Canadian Finco.

          3.2 Procedure for Issuance of Letters of Credit. (a) The applicable
U.S. Borrower or Canadian Borrower may from time to time request during the
Commitment Period but in no event later than the 30th day prior to the RCF
Maturity Date that an Issuing Lender issue a Letter of Credit by delivering to
such Issuing Lender and the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, at their respective addresses for notices
specified herein, an L/C Request therefor substantially in the form Exhibit D
hereto (completed to the reasonable satisfaction of such Issuing Lender), and
such other certificates, documents and other papers and information as such
Issuing Lender may reasonably request. Each L/C Request shall specify that the
requested Letter of Credit is to be denominated in Dollars or, in the case of
Letters of Credit issued for the account of the Canadian Borrowers, Canadian
Dollars. Upon receipt of any L/C Request, such Issuing Lender will process such
L/C Request and the certificates, documents and other papers and information
delivered to it in connection therewith in accordance with its customary
procedures and shall promptly issue the Letter of Credit requested thereby (but
in no event shall an Issuing Lender be required, unless otherwise agreed to by
such Issuing Lender, to issue any Letter of Credit earlier than three Business
Days after its receipt of the L/C Request therefor and all such other
certificates, documents and other papers and information relating thereto) by
issuing the original of such Letter of Credit to the beneficiary thereof or as
otherwise may be agreed by such Issuing Lender and the applicable U.S. Borrower
or Canadian Borrower. The applicable Issuing Lender shall furnish a copy of such
Letter of Credit to the applicable U.S. Borrower or Canadian Borrower promptly
following

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the issuance thereof. Promptly after the issuance or amendment of any Standby
Letter of Credit, the applicable Issuing Lender shall notify the applicable U.S.
Borrower or Canadian Borrower and the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, in writing, of such issuance or amendment
and such notice shall be accompanied by a copy of such issuance or amendment.
Upon receipt of such notice, the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, shall promptly notify the applicable
Lenders, in writing, of such issuance or amendment, and if so requested by a
Lender, the U.S. Administrative Agent or the Canadian Administrative Agent, as
applicable, shall provide to such Lender copies of such issuance or amendment.
With regards to Documentary L/Cs, the Issuing Lender shall on the first Business
Day of each week provide the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, by facsimile, with a report detailing the
aggregate daily outstanding Documentary L/Cs during the previous week.

          (b) The making of each request for a Letter of Credit by any U.S.
Borrower or Canadian Borrower shall be deemed to be a representation and
warranty by such Borrower that such Letter of Credit may be issued in accordance
with, and will not violate the requirements of, subsection 3.1. Unless the
respective Issuing Lender has received notice from the Required Lenders before
it issues a Letter of Credit that one or more of the applicable conditions
specified in Section 6.2 are not then satisfied, or that the issuance of such
Letter of Credit would violate subsection 3.1, then such Issuing Lender may
issue the requested Letter of Credit for the account of the applicable Borrower
in accordance with such Issuing Lender’s usual and customary practices.

          3.3 Fees, Commissions and Other Charges. (a) Each U.S. Borrower and
Canadian Borrower agrees to pay to the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, a letter of credit commission with respect
to each Letter of Credit issued by such Issuing Lender on its behalf, computed
for the period from and including the date of issuance of such Letter of Credit
through to the expiration date of such Letter of Credit at a rate per annum
equal to the Applicable Margin then in effect for Eurocurrency Loans that are
RCF Loans calculated on the basis of a 360 day year of the aggregate amount
available to be drawn under such Letter of Credit during such period, payable
quarterly in arrears on each L/C Fee Payment Date with respect to such Letter of
Credit and on the RCF Maturity Date or such earlier date as the RCF Commitments
shall terminate as provided herein. Such commission shall be payable to the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable, for
the account of the applicable RCF Lenders to be shared ratably among them in
accordance with their respective U.S. RCF Commitment Percentages or Canadian RCF
Commitment Percentages. Each U.S. Borrower and Canadian Borrower shall pay to
the relevant Issuing Lender a fee equal to 1/4 of 1% per annum (but in no event
less than $500 per annum for each Letter of Credit issued on its behalf) of the
aggregate amount available to be drawn under such Letter of Credit, payable
quarterly in arrears on each L/C Fee Payment Date with respect to such Letter of
Credit and on the RCF Maturity Date or such other date as the RCF Commitments
shall terminate. Such commissions and fees shall be nonrefundable. Such fees and
commissions shall be payable in Dollars (or, in the case of Letters of Credit
issued for the account of the Canadian Borrowers, Canadian Dollars).

          (b) In addition to the foregoing commissions and fees, each U.S.
Borrower and Canadian Borrower agrees to pay or reimburse the applicable Issuing
Lender for such

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normal and customary costs and expenses as are incurred or charged by such
Issuing Lender in issuing, effecting payment under, amending or otherwise
administering any Letter of Credit issued by such Issuing Lender on its behalf.

          (c) The U.S. Administrative Agent and the Canadian Administrative
Agent shall, promptly following any receipt thereof, distribute to the
applicable Issuing Lender and the applicable L/C Participants all commissions
and fees received by such Agent for their respective accounts pursuant to this
subsection 3.3.

          3.4 L/C Participations. (a) Each Issuing Lender irrevocably agrees to
grant and hereby grants to each U.S. RCF L/C Participant or Canadian RCF L/C
Participant, as applicable, and, to induce the Issuing Lender to issue Letters
of Credit hereunder, each L/C Participant irrevocably agrees to accept and
purchase and hereby accepts and purchases from the applicable Issuing Lender,
without recourse or warranty, on the terms and conditions hereinafter stated,
for such L/C Participant’s own account and risk an undivided interest equal to
such L/C Participant’s U.S. RCF Commitment Percentage or Canadian RCF Commitment
Percentage, as applicable, (determined on the date of issuance of the relevant
Letter of Credit) in such Issuing Lender’s obligations and rights under each
Letter of Credit issued or continued hereunder, the amount of each draft paid by
such Issuing Lender thereunder and the obligations of the applicable Borrowers
under this Agreement with respect thereto (although L/C Fees and related
commissions shall be payable directly to the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, for the account of the applicable
Issuing Lender and L/C Participants, as provided in subsection 3.3 and the L/C
Participants shall have no right to receive any portion of any facing fees with
respect to any such Letters of Credit) and any security therefor or guaranty
pertaining thereto. Each L/C Participant unconditionally and irrevocably agrees
with such Issuing Lender that, if a draft is paid under any Letter of Credit for
which such Issuing Lender is not reimbursed in full by the applicable Borrower
in respect of such Letter of Credit in accordance with subsection 3.5(a), such
L/C Participant shall pay to such Issuing Lender upon demand at such Issuing
Lender’s address for notices specified herein an amount equal to such L/C
Participant’s U.S. RCF Commitment Percentage or Canadian RCF Commitment
Percentage, as applicable, of the amount of such draft, or any part thereof,
which is not so reimbursed; provided that nothing in this paragraph shall
relieve such Issuing Lender of any liability resulting from the gross negligence
or willful misconduct (as determined in a final non-appealable decision issued
by a court of competent jurisdiction) of such Issuing Lender, or otherwise
affect any defense or other right that any L/C Participant may have as a result
of such gross negligence or willful misconduct (as so determined). All
calculations of an L/C Participant’s U.S. RCF Commitment Percentage and Canadian
RCF Commitment Percentage shall be made from time to time by the U.S.
Administrative Agent and the Canadian Administrative Agent, respectively, which
calculations shall be conclusive absent manifest error.

          (b) If any amount required to be paid by any L/C Participant to an
Issuing Lender on demand by such Issuing Lender pursuant to subsection 3.4(a) in
respect of any unreimbursed portion of any payment made by such Issuing Lender
under any Letter of Credit is paid to such Issuing Lender within three Business
Days after the date such demand is made, such L/C Participant shall pay to such
Issuing Lender on demand an amount equal to the product of such amount, times
the daily average Federal Funds Effective Rate (or, in the case of a Canadian
RCF Lender, the interbank rate customarily charged by the Canadian
Administrative Agent)

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during the period from and including the date such payment is required to the
date on which such payment is immediately available to such Issuing Lender,
times a fraction the numerator of which is the number of days that elapse during
such period and the denominator of which is 360. If any such amount required to
be paid by any L/C Participant pursuant to subsection 3.4(a) is not in fact made
available to such Issuing Lender by such L/C Participant within three Business
Days after the date such payment is due, such Issuing Lender shall be entitled
to recover from such L/C Participant, on demand, such amount with interest
thereon (with interest based on the Dollar Equivalent of any amounts denominated
in Canadian Dollars) calculated from such due date at the rate per annum
applicable to RCF Loans maintained as ABR Loans accruing interest at the ABR
hereunder. A certificate of an Issuing Lender submitted to any L/C Participant
with respect to any amounts owing under this subsection (which shall include
calculations of any such amounts in reasonable detail) shall be conclusive in
the absence of manifest error.

          (c) Whenever, at any time after an Issuing Lender has made payment
under any Letter of Credit and has received from any L/C Participant its pro
rata share of such payment in accordance with subsection 3.4(a), such Issuing
Lender receives any payment related to such Letter of Credit (whether directly
from a Borrower in respect of such Letter of Credit or otherwise, including
proceeds of Collateral applied thereto by such Issuing Lender), or any payment
of interest on account thereof, such Issuing Lender will, if such payment is
received prior to 1:00 P.M., New York City time, on a Business Day, distribute
to such L/C Participant its pro rata share thereof prior to the end of such
Business Day and otherwise such Issuing Lender will distribute such payment on
the next succeeding Business Day; provided, however, that in the event that any
such payment received by an Issuing Lender shall be required to be returned by
such Issuing Lender, such L/C Participant shall return to such Issuing Lender
the portion thereof previously distributed by such Issuing Lender to it.

          3.5 Reimbursement Obligation of the Borrowers. (a) Each U.S. Borrower
and Canadian Borrower hereby agrees to reimburse each Issuing Lender, upon
receipt by such Borrower of notice from the applicable Issuing Lender of the
date and amount of a draft presented under any Letter of Credit issued on its
behalf and paid by such Issuing Lender, for the amount of such draft so paid and
any taxes, fees, charges or other costs or expenses reasonably incurred by such
Issuing Lender in connection with such payment. Each such payment shall be made
to the applicable Issuing Lender, at its address for notices specified herein in
the currency in which such Letter of Credit is denominated and in immediately
available funds, on the date on which such Borrower receives such notice, if
received prior to 11:00 A.M., New York City time, on a Business Day and
otherwise on the next succeeding Business Day.

          (b) Interest shall be payable under this subsection 3.5(b) on any and
all amounts owing pursuant to subsection 3.5(a) remaining unpaid (taking the
Dollar Equivalent of any amounts denominated in Canadian Dollars, as determined
by the Canadian Administrative Agent, as applicable) by the U.S. Borrowers or
the Canadian Borrowers, as applicable (i) from the date the draft presented
under the affected Letter of Credit is paid to the date on which such applicable
Borrower is required to reimburse such amounts pursuant to paragraph (a) above,
at the rate which would then be payable on any outstanding ABR Loans that are
RCF Loans and (ii) thereafter until payment in full of such amounts, at the rate
which would be payable on any outstanding ABR Loans that are RCF Loans which
were then overdue.

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          3.6 Obligations Absolute. (a) Each of the U.S. Borrowers’ and the
Canadian Borrowers’ obligations under this Section 3 shall be absolute and
unconditional under any and all circumstances and irrespective of any set-off,
counterclaim or defense to payment which any such Borrower may have or have had
against an Issuing Lender, any L/C Participant or any beneficiary of a Letter of
Credit, provided that this paragraph shall not relieve any Issuing Lender or L/C
Participant of any liability resulting from the gross negligence or willful
misconduct of such Issuing Lender or L/C Participant (as determined in a final
non-appealable decision issued by a court of competent jurisdiction), or
otherwise affect any defense or other right that any such Borrower may have as a
result of any such gross negligence or willful misconduct (as so determined).

          (b) Each U.S. Borrower and Canadian Borrower and each Lender also
agree with each Issuing Lender that such Issuing Lender and the L/C Participants
shall not be responsible for, and such Borrower’s Reimbursement Obligations
under subsection 3.5(a) shall not be affected by, among other things, the
validity or genuineness of documents or of any endorsements thereon, even though
such documents shall in fact prove to be invalid, fraudulent or forged, or any
dispute between or among any Borrower and any beneficiary of any Letter of
Credit or any other party to which such Letter of Credit may be transferred or
any claims whatsoever of any Borrower against any beneficiary of such Letter of
Credit or any such transferee, provided that this paragraph shall not relieve
any Issuing Lender or L/C Participant of any liability resulting from the gross
negligence or willful misconduct of such Issuing Lender or L/C Participant (as
determined in a final non-appealable decision issued by a court of competent
jurisdiction), or otherwise affect any defense or other right that any Borrower
may have as a result of any such gross negligence or willful misconduct (as so
determined).

          (c) Neither any Issuing Lender nor any L/C Participant shall be liable
for any error, omission, interruption or delay in transmission, dispatch or
delivery of any message or advice, however transmitted, in connection with any
Letter of Credit, except for errors or omissions caused by such Person’s gross
negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction).

          (d) Each U.S. Borrower and Canadian Borrower agrees that any action
taken or omitted by the Issuing Lender under or in connection with any Letter of
Credit or the related drafts or documents, if done in the absence of gross
negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction) and in accordance with the
standards of care specified in the Uniform Commercial Code of the State of New
York, shall be binding on each such Borrower and shall not result in any
liability of any Issuing Lender or L/C Participant to any Borrower.

          3.7 L/C Payments. If any drafts or document(s) shall be presented for
payment under any Letter of Credit, the applicable Issuing Lender shall promptly
notify the applicable U.S. Borrower or Canadian Borrower of the date and amount
thereof. The responsibility of an Issuing Lender to such Borrower in respect of
any Letter of Credit in connection with any drafts or document(s) presented for
payment under such Letter of Credit shall, in addition to any payment obligation
expressly provided for in such Letter of Credit, be limited to determining that
the documents (including each draft) delivered under such Letter of Credit in
connection with such presentment are in conformity with such Letter of Credit,

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provided that this paragraph shall not relieve such Issuing Lender of any
liability resulting from the gross negligence or willful misconduct of such
Issuing Lender, or otherwise affect any defense or other right that any Borrower
may have as a result of any such gross negligence or willful misconduct (in each
case, as determined in a final non-appealable decision issued by a court of
competent jurisdiction).

          3.8 L/C Request. To the extent that any provision of any L/C Request
related to any Letter of Credit is inconsistent with the provisions of this
Section 3, the provisions of this Section 3 shall control.

          3.9 Additional Issuing Lenders. Any U.S. Borrower or Canadian Borrower
may, at any time and from time to time with the consent of the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable (which
consent shall not be unreasonably withheld or delayed), and such Lender,
designate one or more additional Canadian Lenders or U.S. RCF Lenders, as
applicable, to act as an issuing lender under the terms of this Agreement. Any
Lender designated as an issuing lender pursuant to this subsection 3.9 shall be
deemed to be an “Issuing Lender” (in addition to being a Lender) in respect of
Letters of Credit issued or to be issued by such Lender, and, with respect to
such Letters of Credit, such term shall thereafter apply to the other Issuing
Lender or Issuing Lenders and such Lender.

          Section 4. General Provisions Applicable to Loans and Letters of
Credit.

          4.1 Interest Rates and Payment Dates. (a) Each Eurocurrency Loan shall
bear interest for each day during each Interest Period with respect thereto at a
rate per annum equal to the Eurocurrency Rate determined for such day plus the
Applicable Margin in effect for such day. BA Fees payable in respect of each B/A
Instrument shall be paid by the Canadian Borrowers at the time of the incurrence
(by way of acceptance, purchase or otherwise) of each Bankers’ Acceptance Loan.

          (b) Each ABR Loan (other than a Canadian RCF Loan made to a Canadian
Borrower) shall bear interest for each day that it is outstanding at a rate per
annum equal to the ABR for such day plus the Applicable Margin in effect for
such day and each ABR Loan that is a Canadian RCF Loan made to a Canadian
Borrower shall bear interest for each day that it is outstanding at a rate per
annum equal to the Canadian Prime Rate in effect for such day plus the
Applicable Margin in effect for such day.

          (c) If all or a portion of (i) the principal amount of any Loan, (ii)
any interest payable thereon or (iii) any commitment fee, letter of credit
commission, letter of credit fee or other amount payable hereunder shall not be
paid when due (whether at the stated maturity, by acceleration or otherwise),
such overdue amount shall bear interest at a rate per annum which is (x) in the
case of overdue principal, the rate that would otherwise be applicable thereto
pursuant to the relevant foregoing provisions of subsections 4.1(a) and (b)
plus 2.00%, (y) in the case of overdue interest, the rate that would be
otherwise applicable to principal of the related Loan pursuant to the relevant
foregoing provisions of subsections 4.1(a) and (b) plus 2.00% and (z) in the
case of fees, commissions or other amounts, the rate described in paragraph (b)
of this subsection for ABR Loans that are U.S. RCF Loans (or, in the case of any
such fees, commissions or other amounts owing by the Canadian Borrowers, the
rate described in

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paragraph (b) of this subsection for ABR Loans that are Canadian RCF Loans) plus
2.00%, in each case from the date of such non-payment until such amount is paid
in full (after as well as before judgment).

          (d) Interest shall be payable in arrears on each Interest Payment
Date, provided that interest accruing pursuant to paragraph (c) of this
subsection shall be payable from time to time on demand.

          (e) It is the intention of the parties hereto to comply strictly with
applicable usury laws; accordingly, it is stipulated and agreed that the
aggregate of all amounts which constitute interest under applicable usury laws,
whether contracted for, charged, taken, reserved, or received, in connection
with the indebtedness evidenced by this Agreement or any Notes, or any other
document relating or referring hereto or thereto, now or hereafter existing,
shall never exceed under any circumstance whatsoever the maximum amount of
interest allowed by applicable usury laws.

          (f) Notwithstanding anything to the contrary contained in this
Agreement or in any other Loan Document, solely to the extent that a court of
competent jurisdiction finally determines that the calculation or determination
of interest or any fee payable by the Canadian Borrowers in respect of their
obligations pursuant to this Agreement and the other Loan Documents shall be
governed by the laws of any province of Canada or the federal laws of Canada:

     (i) if any provision of this Agreement or of any of the other Loan
Documents would obligate the Canadian Borrowers to make any payment of
interest or other amount payable to any of the U.S. Administrative Agent,
the Canadian Administrative Agent or any Lender under this Agreement or any
other Loan Document in an amount or calculated at a rate which would be
prohibited by law or would result in a receipt by any of the U.S.
Administrative Agent, the Canadian Administrative Agent or any Lender of
interest at a criminal rate (as such terms are construed under the Criminal
Code (Canada)) then, notwithstanding such provisions, such amount or rate
shall be deemed to have been adjusted with retroactive effect to the
maximum amount or rate of interest, as the case may be, as would not be so
prohibited by law or so result in a receipt by the U.S. Administrative
Agent, the Canadian Administrative Agent or any Lender of interest at a
criminal rate, such adjustment to be effected, to the extent necessary, as
follows: (1) firstly, by reducing the amount or rate of interest required
to be paid to the U.S. Administrative Agent, the Canadian Administrative
Agent or any Lender under this subsection 4.1, and (2) thereafter, by
reducing any fees, commissions, premiums and other amounts required to be
paid to the U.S. Administrative Agent, the Canadian Administrative Agent or
any Lender which would constitute “interest” for purposes of Section 347 of
the Criminal Code (Canada). Notwithstanding the foregoing, and after giving
effect to all adjustments contemplated thereby, if the U.S. Administrative
Agent, the Canadian Administrative Agent or any Lender shall have received
an amount in excess of the maximum permitted by that Section of the
Criminal Code (Canada), the Canadian Borrowers shall be entitled, by notice
in writing to the applicable U.S. Administrative Agent, Canadian
Administrative Agent or Lender, to obtain reimbursement from such party in
an amount equal to such excess and, pending such

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reimbursement, such amount shall be deemed to be an amount payable by the
applicable U.S. Administrative Agent, Canadian Administrative Agent or
Lender to the Canadian Borrowers. Any amount or rate of interest referred
to in this subsection 4.1(f)(i) shall be determined in accordance with
generally accepted actuarial practices and principles as an effective
annual rate of interest over the term that the applicable loan remains
outstanding on the assumption that any charges, fees or expenses that fall
within the meaning of “interest” (as defined in the Criminal Code (Canada))
and, in the event of a dispute, a certificate of a Fellow of the Canadian
Institute of Actuaries appointed by the Canadian Administrative Agent shall
be conclusive for the purposes of such determination; and

     (ii) For purposes of the Interest Act (Canada) and with respect to
Canadian Loan Parties only:

     (A) whenever any interest or fee payable by the Canadian Borrowers is
calculated using a rate based on a year of 360 days or 365 days, as the
case may be, the rate determined pursuant to such calculation, when
expressed as an annual rate, is equivalent to (x) the applicable rate based
on a year of 360 days or 365 days, as the case may be, (y)
multiplied by the
actual number of days in the applicable calendar year in which such
rate is to be ascertained and (z) divided by 360 or 365, as the case may
be; and

     (B) all calculations of interest payable by the Canadian Borrowers
under this Agreement or any other Loan Document are to be made on the basis
of the nominal interest rate described herein and therein and not on the
basis of effective yearly rates or on any other basis which gives effect to
the principle of deemed reinvestment of interest which principle does not
apply to any interest calculated under this Agreement or any Loan Document.
The parties hereto acknowledge that there is a material difference between
the stated nominal interest rates and the effective yearly rates of
interest and that they are capable of making the calculations required to
determine such effective yearly rates of interest.

          4.2 Conversion and Continuation Options. (a) Subject to subsection
4.2(c), the applicable Borrowers may elect from time to time to convert
outstanding (i) Term Loans from Eurocurrency Loans to ABR Loans, (ii) RCF Loans
made or outstanding in Dollars from Eurocurrency Loans to ABR Loans and (iii)
RCF Loans made or outstanding in Canadian Dollars from Bankers’ Acceptance Loans
to ABR Loans, in each case by giving the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, at least two Business Days’ prior
irrevocable notice of such election, provided that any such conversion of
Eurocurrency Loans may only be made on the last day of an Interest Period with
respect thereto and any conversion of Bankers’ Acceptance Loans may only be made
on the maturity date thereof and otherwise in accordance with subsection 4.6(c).
The Borrowers may elect from time to time to convert outstanding (i) Term Loans
from ABR Loans to Eurocurrency Loans and (ii) RCF Loans made or outstanding in
Dollars from ABR Loans to Eurocurrency Loans outstanding in Dollars and, in each
case by giving the U.S. Administrative Agent or the Canadian Administrative
Agent, as applicable, at least three Business Days’ prior irrevocable notice of
such election. Any such notice of conversion to Eurocurrency Loans outstanding
in Dollars shall specify the length of the initial Interest Period or Interest
Periods therefor. Upon receipt of any

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such notice the U.S. Administrative Agent or the Canadian Administrative Agent,
as applicable, shall promptly notify each affected Lender thereof. All or any
part of outstanding Eurocurrency Loans made or outstanding in Dollars and ABR
Loans may be converted as provided herein, provided that (i) (unless the
Required Lenders otherwise consent) no Loan may be converted into a Eurocurrency
Loan or Bankers’ Acceptance Loan when any Default or Event of Default has
occurred and is continuing and, in the case of any Default, the U.S.
Administrative Agent has given notice to the applicable Borrower that no such
conversions may be made and (ii) no Loan may be converted into a Eurocurrency
Loan or Bankers’ Acceptance Loan after the date that is one month prior to the
RCF Maturity Date.

          (b) Any Eurocurrency Loan may be continued as such upon the expiration
of the then current Interest Period with respect thereto by the applicable
Borrowers giving notice to the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, at least three Business Days prior to the
expiration of the then current Interest Period, of the length of the next
Interest Period to be applicable to such Loan, determined in accordance with the
applicable provisions of the term “Interest Period” set forth in subsection 1.1,
provided that no Eurocurrency Loan may be continued as such (i) (unless the
Required Lenders otherwise consent) when any Default or Event of Default has
occurred and is continuing and, in the case of any Default, the U.S.
Administrative Agent has given notice to the applicable Borrower that no such
continuations may be made or (ii) after the date that is one month prior to the
Maturity Date therefor and provided, further, that if the applicable Borrower
shall fail to give any required notice as described above in this paragraph or
if such continuation is not permitted pursuant to the preceding proviso, such
Eurocurrency Loans shall be automatically converted to ABR Loans on the last day
of such then expiring Interest Period. Upon receipt of any such notice of
continuation pursuant to this subsection 4.2(b), the U.S. Administrative Agent
or the Canadian Administrative Agent, as applicable, shall promptly notify each
affected Lender thereof.

          (c) Mandatory and voluntary conversions of Bankers’ Acceptance Loans
into ABR Loans, or rollovers of Bankers’ Acceptance Loans shall be made in the
circumstances, and to the extent, provided in subsection 4.6(c).

          4.3 Minimum Amounts of Sets. All borrowings, conversions and
continuations of Loans hereunder and all selections of Interest Periods and
terms to maturity hereunder shall be in such amounts and be made pursuant to
such elections so that, after giving effect thereto, the aggregate principal
amount of (i) Eurocurrency Loans comprising a Set shall be equal to $5,000,000
or a whole multiple of $1,000,000 in excess thereof and (ii) Bankers’ Acceptance
Loans comprising a Set shall be equal to $5,000,000 or a whole multiple of
$1,000,000 in excess thereof and so that there shall not be more than 15 Sets at
any one time outstanding (other than sets comprised of new Term Loans, if any).

          4.4 Optional and Mandatory Prepayments. (a) Each of the Borrowers may
at any time and from time to time prepay the Loans made to it (other than
Bankers’ Acceptance Loans which may not be prepaid prior to the maturity date of
the underlying B/A Instrument) and the Reimbursement Obligations in respect of
Letters of Credit issued for its account, in whole or in part, subject to
subsection 4.12, without premium or penalty, upon at least three Business Days’
irrevocable notice by the applicable Borrower to the U.S. Administrative Agent
or the Canadian Administrative Agent, as applicable (in the case of Eurocurrency
Loans outstanding in

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Dollars), at least one Business Day’s irrevocable notice by the applicable
Borrower to the U.S. Administrative Agent or the Canadian Administrative Agent,
as applicable (in the case of (x) ABR Loans other than Swing Line Loans and (y)
Reimbursement Obligations) or same-day irrevocable notice by the applicable
Borrower to the U.S. Administrative Agent or the Canadian Administrative Agent,
as applicable (in the case of Swing Line Loans); provided that, if a notice of
prepayment in connection with a repayment of all outstanding Obligations is
given in connection with a conditional notice of termination of Commitments as
contemplated by subsection 2.4, then such notice of prepayment may be revoked if
such notice of termination is revoked in accordance with subsection 2.4. Such
notice shall specify (A) in the case of any prepayment of Loans, the identity of
the prepaying Borrower, the date and amount of prepayment and whether the
prepayment is (i) of Term Loans, RCF Loans or Swing Line Loans, or a combination
thereof, and (ii) of Eurocurrency Loans, ABR Loans or a combination thereof,
and, in each case if a combination thereof, the principal amount allocable to
each and (B) in the case of any prepayment of Reimbursement Obligations, the
date and amount of prepayment, the identity of the applicable Letter of Credit
or Letters of Credit and the amount allocable to each of such Reimbursement
Obligations. Upon the receipt of any such notice the U.S. Administrative Agent
or the Canadian Administrative Agent, as applicable, shall promptly notify each
affected Lender thereof. If any such notice is given, the amount specified in
such notice shall (subject to the proviso contained in the third preceding
sentence) be due and payable on the date specified therein, together with (if a
Eurocurrency Loan is prepaid other than at the end of the Interest Period
applicable thereto) any amounts payable pursuant to subsection 4.12 and accrued
interest to such date on the amount prepaid. Partial prepayments of the Term
Loans pursuant to this subsection shall be applied ratably to each Tranche of
Term Loans to reduce the required amortization of such Term Loans pursuant to
subsection 2.1(e) as directed by the Parent Borrower. Prepayments of RCF Loans
and the Reimbursement Obligations pursuant to this subsection shall (unless the
Parent Borrower otherwise directs) be applied, first, to payment of the Swing
Line Loans then outstanding, second, to payment of the RCF Loans then
outstanding, third, to payment of any Reimbursement Obligations then outstanding
and, last, to cash collateralize any outstanding Bankers’ Acceptance Loans or
L/C Obligations on terms reasonably satisfactory to the U.S. Administrative
Agent; provided, further, that any pro rata calculations required to be made
pursuant to this subsection 4.4(a) in respect to any Loan denominated in
Canadian Dollars shall be made on a Dollar Equivalent basis. Partial prepayments
pursuant to this subsection 4.4(a) shall be in multiples of $1,000,000 (or, in
the case of partial prepayments made by the Canadian Borrowers, Cdn$1,000,000),
provided that, notwithstanding the foregoing, any Loan may be prepaid in its
entirety.

          (b) If on or after the Closing Date (i) the Parent Borrower or any of
its Subsidiaries shall incur Indebtedness for borrowed money (other than
Indebtedness permitted pursuant to subsection 8.2, except as otherwise specified
in subsection 8.2) pursuant to a public offering or private placement or
otherwise, (ii) the Parent Borrower or any of its Subsidiaries shall consummate
an Asset Sale, (iii) a Recovery Event occurs or (iv) the Parent Borrower or any
of its Subsidiaries shall enter into a Sale and Leaseback Transaction, then, in
each case, to the extent that and for so long as Available RCF Commitments are
less than $250,000,000 immediately after giving effect to such incurrence of
Indebtedness, Asset Sale, Recovery Event or Sale and Leaseback Transaction, the
relevant Borrowers shall prepay, in accordance with subsection 4.4(e), the Loans
(other than Bankers’ Acceptance Loans which may not be prepaid prior to the
maturity date of the underlying B/A Instrument or Incremental Term Loans made to

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Canadian Finco) and cash collateralize the Bankers’ Acceptance Loans and the L/C
Obligations in an amount equal to the lesser of: (A) (x) in the case of the
incurrence of any such Indebtedness, 100% of the Net Cash Proceeds thereof; (y)
in the case of any such Asset Sale or Recovery Event, 100% of the Net Cash
Proceeds thereof minus any Reinvested Amounts; and (z) in the case of any such
Sale and Leaseback Transaction, 100% of the Net Cash Proceeds thereof and (B)
the amount of such prepayments required in order for Available RCF Commitments
to be $250,000,000 or more, in each case with such prepayment to be made on the
Business Day following the date of receipt of any such Net Cash Proceeds except
that, in the case of clause (y), if any such Net Cash Proceeds are eligible to
be reinvested in accordance with the definition of the term “Reinvested Amount”
in subsection 1.1 and the Parent Borrower has not elected to reinvest such
proceeds (or portion thereof, as the case may be), such prepayment to be made on
the earlier of (1) the date on which the certificate of a Responsible Officer of
the Parent Borrower to such effect is delivered to the U.S. Administrative Agent
in accordance with such definition and (2) the last day of the period within
which a certificate setting forth such election is required to be delivered in
accordance with such definition). Nothing in this paragraph (b) shall limit the
rights of the Agents and the Lenders set forth in Section 9.

          (c) (i) On any day (other than during an Agent Advance Period) on
which the Aggregate U.S. RCF Lender Exposure or the unpaid balance of Extensions
of Credit to, or for the account of, the U.S. Borrowers exceeds the difference
of (A) the U.S. Borrowing Base at such time (based on the Borrowing Base
Certificate last delivered) minus (B) the sum of the excess of (x) (1) the
Aggregate Canadian RCF Lender Exposure (with respect to the Canadian Borrowers)
over (2) the Canadian Borrowing Base at such time (based on the Borrowing Base
Certificate last delivered) and (y) the unpaid balance of Extensions of Credit
to, or for the account of, Canadian Finco, the U.S. Borrowers shall prepay on
such day the principal of outstanding Canadian RCF Loans made to the U.S.
Borrowers and, if required, U.S. RCF Loans in an amount equal to such excess.
If, after giving effect to the prepayment of all outstanding Canadian RCF Loans
made to the U.S. Borrowers and U.S. RCF Loans, the aggregate amount of the U.S.
RCF L/C Obligations and the Canadian RCF L/C Obligations with respect to the
U.S. Borrowers exceeds the difference of (A) the U.S. Borrowing Base at such
time (based on the Borrowing Base Certificate last delivered) minus (B) the
excess of (1) the Aggregate Canadian RCF Lender Exposure (with respect to the
Canadian Borrowers) over (2) the Canadian Borrowing Base at such time (based on
the Borrowing Base Certificate last delivered), the U.S. Borrowers shall pay to
the U.S. Administrative Agent or the Canadian Administrative Agent, as
applicable, at the Payment Office on such day an amount of cash and/or Cash
Equivalents equal to the amount of such excess (up to a maximum amount equal to
such L/C Obligations at such time), such cash and/or Cash Equivalents to be held
as security for all obligations of the U.S. Borrowers to the Issuing Lenders and
the U.S. RCF Lenders hereunder in a cash collateral account to be established
by, and under the sole dominion and control of, the U.S. Administrative Agent.

          (ii) Without duplication of any mandatory prepayment required under
subsection 4.4(c)(i) above, on any day (other than during an Agent Advance
Period) on which the Aggregate Canadian RCF Lender Exposure with respect to the
Canadian Borrowers exceeds the sum of (A) the Canadian Borrowing Base at such
time (based on the Borrowing Base Certificate last delivered) plus (B) the
excess of (1) the U.S. Borrowing Base (based on the Borrowing Base Certificate
last delivered) over (2) the unpaid balance of Extensions of Credit to,

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or for the account of, the U.S. Borrowers and Canadian Finco, the Canadian
Borrowers shall prepay on such day the principal of Canadian RCF Loans made to
them (other than Bankers’ Acceptance Loans where the underlying B/A Instruments
have not matured) in an amount equal to such excess. If, after giving effect to
the prepayment of all outstanding Canadian RCF Loans (other than Bankers’
Acceptance Loans where the underlying B/A Instruments have not matured), the
aggregate amount of outstanding Bankers’ Acceptance Loans and the Canadian RCF
L/C Obligations with respect to the Canadian Borrowers exceeds the sum of (A)
the Canadian Borrowing Base at such time (based on the Borrowing Base
Certificate last delivered) plus (B) the excess of (1) the U.S. Borrowing Base
(based on the Borrowing Base Certificate last delivered) over (2) the unpaid
balance of Extensions of Credit to, or for the account of, the U.S. Borrowers
and Canadian Finco, the Canadian Borrowers shall pay to the Canadian
Administrative Agent at the Payment Office on such day an amount of cash and/or
Cash Equivalents equal to the amount of such excess (up to a maximum amount
equal to the sum of the aggregate face amount of the outstanding Bankers’
Acceptance Loans and the amount of the Canadian RCF L/C Obligations at such
time), such cash and/or Cash Equivalents to be held as security for all
obligations of the Canadian Borrowers to the applicable Issuing Lenders and the
Canadian RCF Lenders hereunder in a cash collateral account to be established
by, and under the sole dominion and control of, the Canadian Administrative
Agent.

          (iii) On any day on which the Aggregate U.S. RCF Lender Exposure
exceeds the Total U.S. RCF Commitment at such time, the U.S. Borrowers shall
prepay on such day the principal of U.S. RCF Loans in an amount equal to such
excess. If, after giving effect to the prepayment of all outstanding U.S. RCF
Loans, the aggregate amount of the U.S. RCF L/C Obligations exceeds the Total
U.S. RCF Commitment at such time, the U.S. Borrowers shall pay to the U.S.
Administrative Agent at the Payment Office on such day an amount of cash and/or
Cash Equivalents equal to the amount of such excess (up to a maximum amount
equal to the U.S. RCF L/C Obligations at such time), such cash and/or Cash
Equivalents to be held as security for all obligations of the U.S. Borrowers to
the applicable Issuing Lenders and the U.S. RCF Lenders hereunder in a cash
collateral account to be established by, and under the sole dominion and control
of, the U.S. Administrative Agent.

          (iv) On any day on which the Aggregate Canadian RCF Lender Exposure
exceeds the Total Canadian RCF Commitment at such time, the Canadian Borrowers
and, if applicable, the U.S. Borrowers shall prepay on such day the principal of
Canadian RCF Loans (other than Bankers’ Acceptance Loans where the underlying
B/A Instruments have not matured), in an amount equal to such excess. If, after
giving effect to the prepayment of all outstanding Canadian RCF Loans (other
than Bankers’ Acceptance Loans where the underlying B/A Instruments have not
matured), the Dollar Equivalent of the aggregate amount of the Canadian RCF L/C
Obligations and the aggregate face amount of the outstanding Bankers’ Acceptance
Loans exceeds the Total Canadian RCF Commitment at such time, the Canadian
Borrowers and, if applicable, the U.S. Borrowers shall pay to the Canadian
Administrative Agent at the Payment Office on such day an amount of cash and/or
Cash Equivalents equal to the amount of such excess (up to a maximum amount
equal to the sum of the aggregate face amount of the outstanding Bankers’
Acceptance Loans and the aggregate amount of the Canadian RCF L/C Obligations at
such time), such cash and/or Cash Equivalents to be held as security for all
obligations of the Canadian Borrowers or the U.S. Borrowers, as applicable, to
the applicable

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Issuing Lenders and the Canadian RCF Lenders hereunder in a cash collateral
account to be established by, and under the sole dominion and control of, the
Canadian Administrative Agent.

          (v) On any day (other than during an Agent Advance Period) on which
the unpaid balance of Extensions of Credit to, or for the account of, Canadian
Finco exceeds the difference of (A) the U.S. Borrowing Base at such time (based
on the Borrowing Base Certificate last delivered) minus (B) the excess of the
sum of (x) (1) the Aggregate Canadian RCF Lender Exposure (with respect to the
Canadian Borrowers) over (2) the Canadian Borrowing Base at such time (based on
the Borrowing Base Certificate last delivered) and (y) the unpaid balance of
Extensions of Credit to, or for the account of, the U.S. Borrowers, Canadian
Finco shall prepay on such day the principal of outstanding Canadian RCF Loans
made to Canadian Finco in an amount equal to such excess.

          (d) The U.S. Borrowers shall prepay all Swing Line Loans then
outstanding simultaneously with each borrowing by them of RCF Loans.

          (e) Prepayments pursuant to subsection 4.4(b) shall be applied as
follows:

	 	(i)	 	first, to make any mandatory repayments required pursuant to
subsection 4.4(c); provided that, any proceeds received by
the Canadian Borrowers or any of their respective
Subsidiaries and required to be used for a mandatory
prepayment pursuant to Section 4.4(b) shall be applied
solely to Canadian RCF Loans outstanding and/or to cash
collateralize Bankers’ Acceptance Loans and Canadian RCF L/C
Obligations;
	 
	 	(ii)	 	second, at any time the Available RCF Commitments are less
than $250,000,000, to prepay outstanding RCF Loans in an
aggregate principal amount necessary to increase the
Available RCF Commitments to $250,000,000; provided that,
any proceeds received by the Canadian Borrowers or any of
their respective Subsidiaries and required to be used for a
mandatory prepayment pursuant to Section 4.4(b) shall be
applied solely to Canadian RCF Loans outstanding and/or to
cash collateralize Bankers’ Acceptance Loans and Canadian
RCF L/C Obligations;
	 
	 	(iii)	 	third, to prepay Term Loans (other than any Incremental
Term Loans made to Canadian Finco) then outstanding unless
the Required Initial Term Loan Lenders reject the
application of such prepayment to outstanding Term Loans;
	 
	 	(iv)	 	fourth, subject to the provisions of the provisos contained
in the last sentence of each of subsection 4.4(c)(i), (ii), (iii) and (iv), to prepay all Term Loans (other than any
Incremental Term Loans made to Canadian Finco) and RCF Loans
on a pro rata basis; and
	 
	 	(v)	 	fifth, to repay all remaining obligations payable pursuant
to this Agreement.

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Notwithstanding anything to the contrary contained in this clause (e), in no
event shall prepayments made by the Canadian Borrowers pursuant to subsection
4.4(b) be applied to repay Loans made to the U.S. Borrowers or Canadian Finco.

          (f) For avoidance of doubt, the RCF Commitments shall not be
correspondingly reduced by the amount of any prepayments of RCF Loans, payments
of Reimbursement Obligations and cash collateralizations of L/C Obligations, in
each case, made under subsection 4.4(b) or 4.4(c).

          (g) Notwithstanding the foregoing provisions of this subsection 4.4,
if at any time any prepayment of the Loans pursuant to subsection 4.4(a), 4.4(b)
or 4.4(c) would result, after giving effect to the procedures set forth in this
Agreement, in any Borrower incurring breakage costs under subsection 4.12 as a
result of Eurocurrency Loans being prepaid other than on the last day of an
Interest Period with respect thereto, then, the relevant Borrower may, so long
as no Default or Event of Default shall have occurred and be continuing, in its
sole discretion, initially (i) deposit a portion (up to 100%) of the amounts
that otherwise would have been paid in respect of such Eurocurrency Loans with
the U.S. Administrative Agent (which deposit must be equal in amount to the
amount of such Eurocurrency Loans not immediately prepaid), to be held as
security for the obligations of such Borrowers to make such prepayment pursuant
to a cash collateral agreement to be entered into on terms reasonably
satisfactory to the U.S. Administrative Agent with such cash collateral to be
directly applied upon the first occurrence thereafter of the last day of an
Interest Period with respect to such Eurocurrency Loans (or such earlier date or
dates as shall be requested by such Borrower) or (ii) make a prepayment of the
RCF Loans in accordance with subsection 4.4(a) with an amount equal to a portion
(up to 100%) of the amounts that otherwise would have been paid in respect of
such Eurocurrency Loans (which prepayment, together with any deposits pursuant
to clause (i) above, must be equal in amount to the amount of such Eurocurrency
Loans not immediately prepaid); provided that, notwithstanding anything in this
Agreement to the contrary, none of the Borrowers may request any Extension of
Credit under the Commitments that would reduce the aggregate amount of the
Available RCF Commitments to an amount that is less than the amount of such
prepayment until the related portion of such Eurocurrency Loans has been prepaid
upon the first occurrence thereafter of the last day of an Interest Period with
respect to such Eurocurrency Loans; provided that, in the case of either clause
(i) or (ii), such unpaid Eurocurrency Loans shall continue to bear interest in
accordance with subsection 4.1 until such unpaid Eurocurrency Loans or the
related portion of such Eurocurrency Loans have or has been prepaid.

          4.5 Commitment Fees; U.S. Administrative Agent’s Fee; Other Fees. (a)
Each U.S. Borrower agrees to pay to the U.S. Administrative Agent, for the
account of each U.S. RCF Lender, and each Canadian Borrower agrees to pay to the
Canadian Administrative Agent, for the account of each Canadian RCF Lender, a
commitment fee during the RCF Commitment Period, computed at the applicable
Commitment Fee Rate on the average daily amount of the Unutilized RCF Loan
Commitment of such RCF Lender during the period for which payment is made,
payable quarterly in arrears on the last day of each March, June, September and
December and on the RCF Maturity Date or such earlier date as the RCF Loan
Commitments shall terminate as provided herein, commencing on December 31, 2006.

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          (b) The U.S. Borrowers and the Canadian Borrowers agree to pay to the
U.S. Administrative Agent or the Canadian Administrative Agent, as applicable,
and the Lead Arrangers any fees in the amounts and on the dates previously
agreed to in writing by Holdings, any Affiliate of Holdings, the Lead Arrangers
and the U.S. Administrative Agent in connection with this Agreement.

          4.6 Computation of Interest and Fees. (a) Interest (other than
interest based on the Prime Rate, Canadian Prime Rate or BA Rate) and commitment
fees shall be calculated on the basis of a 360 day year for the actual days
elapsed; and interest based on the Prime Rate or Canadian Prime Rate shall be
calculated on the basis of a 365-day year (or 366-day year, as the case may be)
day year for the actual days elapsed. BA Fees shall be calculated on the basis
of 365-day year for the actual days elapsed. The U.S. Administrative Agent or
the Canadian Administrative Agent, as applicable, shall as soon as practicable
notify the Parent Borrower and the affected Lenders of each determination of a
Eurocurrency Rate. Any change in the interest rate on a Loan resulting from a
change in the ABR, the Canadian Prime Rate or the Eurocurrency Reserve
Requirements shall become effective as of the opening of business on the day on
which such change becomes effective. The U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, shall as soon as practicable
notify the Parent Borrower and the affected Lenders of the effective date and
the amount of each such change in interest rate.

          (b) Each determination of an interest rate by the U.S. Administrative
Agent or the Canadian Administrative Agent, as applicable, pursuant to any
provision of this Agreement shall be conclusive and binding on each of the
Borrowers and the Lenders in the absence of manifest error. The U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable, shall,
at the request of the Parent Borrower or any Lender, deliver to the Parent
Borrower or such Lender a statement showing in reasonable detail the
calculations used by the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, in determining any interest rate pursuant
to subsection 4.1, excluding any Eurocurrency Base Rate which is based upon the
Telerate British Bankers Assoc. Interest Settlement Rates Page and any ABR Loan
which is based upon the Prime Rate or the Canadian Prime Rate.

          (c) Bankers’ Acceptances.

          (i) Acceptances and Drafts. Each Canadian Lender severally agrees, on
the terms and conditions of this Agreement and from time to time on any Business
Day prior to the date which is 30 days prior to the RCF Maturity Date (A) in the
case of any Canadian Lender which is not a Non BA Lender, to create Bankers’
Acceptances by accepting Drafts and to purchase such Bankers’ Acceptances in
accordance with subsection 4.6(c)(iv), and (B) in the case of a Non BA Lender,
to purchase completed Drafts (which have not and will not be accepted by such
Lender or any other Canadian Lender) in accordance with subsection 4.6(c)(iv).

          (ii) Term. Each Draft presented by a Canadian Borrower shall (A) be in
a minimum Face Amount of Cdn $1,000,000 and in an integral multiple of Cdn
$100,000, (B) be dated the date of the making of such Bankers’ Acceptance Loan,
and (C) mature and be payable by the Canadian Borrower (in common with all other
Drafts presented in connection with such Bankers’ Acceptance Loan) on a Business
Day which occurs approximately 30, 60, 90 or

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180 days (or such longer or shorter period as the Canadian Administrative Agent
may agree) at the election of the Canadian Borrower after the Borrowing Date and
on or prior to the date which is 30 days prior to the RCF Maturity Date.

          (iii) BA Rate. On each Borrowing Date or other date on which Bankers’
Acceptances are to be accepted, the U.S. Administrative Agent or the Canadian
Administrative Agent shall advise the applicable Canadian Borrowers as to such
Agent’s determination of the applicable BA Rate for the Bankers’ Acceptance
Loans.

          (iv) Purchase. Not later than 12:30 P.M. (New York City time) on an
applicable Borrowing Date (or at such other time as to which the Canadian
Administrative Agent shall notify the relevant Canadian Borrower reasonably in
advance of the Borrowing Date with respect thereto), each Canadian Lender shall
complete one or more Drafts in accordance with the notice of Borrowing given in
accordance with subsection 2.3(b) and either (x) accept the Drafts and purchase
the Bankers’ Acceptances so created for an amount equal to the BA Proceeds less
the BA Fee payable with respect to such Drafts, or (y) purchase the Drafts for
an amount equal to the BA Proceeds less the BA Fee payable with respect to such
Drafts. In each case, upon receipt of the amount equal to the BA Proceeds less
the BA Fee payable with respect to such Drafts and upon fulfillment of the
conditions set forth in Section 6, as applicable, the Canadian Administrative
Agent shall apply such amount as follows: (i) remit to the Canadian Borrower (in
the case of the making of a Canadian RCF Loan), (ii) prepay ABR Loans under the
Canadian RC Facility (which shall constitute a conversion of the Canadian RCF
Loans from ABR Loans to Bankers’ Acceptance Loans) or (iii) pay Bankers’
Acceptance Loans maturing on such date (which shall constitute a continuation of
Bankers’ Acceptance Loans to new Bankers’ Acceptance Loans), provided that in
the case of any such conversion or continuation of Loans, the Canadian Borrower
shall pay to the Canadian Administrative Agent for account of the Canadian
Lenders such additional amounts, if any, as shall be necessary to effect the
prepayment in full of the respective ABR Loans being prepaid, or the Bankers’
Acceptance Loans maturing, as the case may be, on such date and provided,
further, that no Bankers’ Acceptance Loan will be available, upon creation,
purchase, conversion or continuation or rollover or otherwise, (i) (unless the
Required Lenders otherwise consent) when any Default or Event of Default has
occurred and is continuing, and, in the case of any Default, the Canadian
Administrative Agent has given notice to the Canadian Borrowers that no such
continuations, conversions or rollovers may be made or (ii) after the date which
is 30 days prior to the RCF Maturity Date.

          (v) Sale. Each Canadian Lender may from time to time hold, sell,
rediscount or otherwise dispose of any or all Bankers’ Acceptances accepted and
purchased by it.

          (vi) Power of Attorney for the Execution of Bankers’ Acceptances. To
facilitate the availment of the Canadian RC Facility by Bankers’ Acceptance
Loans, each Canadian Borrower hereby appoints each Canadian Lender as its
attorney to sign and endorse on its behalf, in handwriting or by facsimile or
mechanical signature as and when deemed necessary by such Canadian Lender, blank
forms of Drafts. In this respect, it is each Canadian Lender’s responsibility to
maintain an adequate supply of blank forms of Drafts for acceptance under this
Agreement. Each Canadian Borrower recognizes and agrees that all Drafts signed
and/or endorsed on its behalf by a Canadian Lender shall bind the applicable
Canadian Borrower as fully and effectually as if signed in the handwriting of
and duly issued by the proper signing

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officers of such Canadian Borrower. Each Canadian Lender is hereby authorized to
issue such Drafts endorsed in blank in such face amounts as may be determined by
such Canadian Lender; provided that the aggregate amount thereof is equal to the
aggregate amount of Drafts required to be accepted and purchased by such
Canadian Lender. No Canadian Lender shall be liable for any damage, loss or
other claim arising by reason of any loss or improper use of any such instrument
except the gross negligence or willful misconduct of the Canadian Lender or its
officers, employees, agents or representatives (as determined in a final
non-appealable decision issued by a court of competent jurisdiction). Each
Canadian Lender shall maintain a record with respect to Drafts held by it in
blank hereunder, voided by it for any reason, purchased by it hereunder, and
cancelled at their respective maturities. Each Canadian Lender agrees to provide
such records to any Canadian Borrower at such Canadian Borrower’s expense upon
request.

          (vii) Execution. Drafts drawn by any Canadian Borrower to be accepted
and/or purchased as Bankers’ Acceptance Loans shall be signed by a duly
authorized officer or officers of the applicable Canadian Borrower or by its
attorneys. Notwithstanding that any Person whose signature appears on any Draft
may no longer be an authorized signatory for the Canadian Borrower at the time
of issuance of a B/A Instrument, that signature shall nevertheless be valid and
sufficient for all purposes as if the authority had remained in force at the
time of issuance and any B/A Instrument so signed shall be binding on such
Canadian Borrower.

          (viii) Issuance. The Canadian Administrative Agent promptly following
receipt of a notice of a Borrowing, conversion or continuation by way of
Bankers’ Acceptance Loans, shall advise the Canadian Lenders of the notice and
shall advise each Canadian Lender of the face amount of B/A Instruments to be
accepted and/or purchased by it and the applicable term (which shall be
identical for all Canadian Lenders). The aggregate face amount of B/A
Instruments to be accepted/and or purchased by a Canadian Lender shall be
determined by the Canadian Administrative Agent by reference to that Canadian
Lender’s Canadian RCF Commitment Percentage of the issue of Bankers’ Acceptance
Loans, except that, if the face amount of a B/A Instrument which would otherwise
be accepted by a Canadian Lender would not be Cdn$ 100,000, or a whole multiple
thereof, the face amount shall be increased or reduced by the U.S.
Administrative Agent or the Canadian Administrative Agent in its sole discretion
to Cdn$ 1,000, or the nearest whole multiple of that amount, as appropriate;
provided that after such issuance, no Canadian Lender shall have aggregate
outstanding Canadian RCF Loans in excess of its Canadian RCF Commitment.

          (ix) Rollover. At or before 11:00 A.M. (New York City time) two (2)
Business Days before the maturity date of any B/A Instrument, the applicable
Canadian Borrower shall give to the Canadian Administrative Agent irrevocable
written notice which notice shall specify either (x) that the applicable
Canadian Borrower intends to repay the maturing B/A Instrument on the maturity
date or (y) that the applicable Canadian Borrower intends to issue B/A
Instruments on the maturity date to provide for the payment of the aggregate
face amount of the maturing B/A Instrument or (z) that the Canadian Borrower
intends to issue new B/A Instruments and pay any additional amounts as may be
necessary to effect payment in full of the aggregate face amount of the maturing
B/A Instruments. If the applicable Canadian Borrower fails to provide such
notice to the Canadian Administrative Agent or fails to repay the maturing B/A
Instrument, or if a Default or an Event of Default has occurred and is
continuing on such maturity date, the applicable Canadian Borrower’s obligations
in respect of the maturing

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B/A Instrument shall be deemed to have been converted on the maturity date
thereof into an ABR Loan under the Canadian RC Facility in an amount equal to
the aggregate face amount of the maturing B/A Instrument which shall bear
interest calculated and payable as provided in Section 4. Otherwise, the
applicable Canadian Borrower shall provide payment to the Canadian
Administrative Agent on behalf of the Canadian Lenders of an amount equal to the
aggregate face amount of the B/A Instruments issued by the applicable Canadian
Lenders on their maturity date.

          (x)
Waiver of Presentment and Other Conditions. Each Canadian Borrower
waives presentment for payment and any other defense to payment of any amounts
due to a Canadian Lender in respect of a Bankers’ Acceptance or other B/A
Instrument purchased by it pursuant to this Agreement which might exist solely
by reason of the Bankers’ Acceptance or other B/A Instrument being held, at the
maturity thereof, by the Canadian Lender in its own right and each Canadian
Borrower agrees not to claim any days of grace if the Canadian Lender as holder
sues such Canadian Borrower on the Bankers’ Acceptance or other B/A Instrument
for payment of the amount payable by the Canadian Borrower thereunder. Except
for the requirement to pay immediately upon acceleration of the Canadian RCF
Loans pursuant to Section 9, the applicable Canadian Borrower shall pay to the
Canadian Lender that has purchased such B/A Instrument the full face amount of
such B/A Instrument on the specified maturity date of a B/A Instrument, and
after such payment, the applicable Canadian Borrower shall have no further
liability in respect of such B/A and the Canadian Lender shall be entitled to
all benefits of, and be responsible for all payments due to third parties under,
such B/A Instrument.

          (xi)
Discount Notes by Non BA Lenders. Whenever a Canadian Borrower
requests a Bankers’ Acceptance Loan, each Canadian Lender which is a Non BA
Lender shall, in lieu of accepting a Bankers’ Acceptance, purchase the completed
Drafts for an amount equal to the BA Proceeds less the BA Fee payable with
respect to such Drafts. The Canadian Borrowers shall, at the request of such Non
BA Lender, issue one or more non-interest bearing promissory notes (each a
“Discount Note”) denominated in Canadian Dollars payable on the date of maturity
of the unaccepted Draft referred to below, in such form as the Canadian Lender
may specify and in a principal amount equal to the face amount of, and in
exchange for, any unaccepted Drafts which the Non BA Lender has purchased in
accordance with subsection 4.6(c)(iv).

          (xii)
Terms Applicable to Discount Notes. All terms of this Agreement
applicable to Bankers’ Acceptances shall apply equally to Discount Notes with
such changes as may in the context be necessary. For greater certainty:

      (A) the term of a Discount Note shall be the same as the term for
Bankers’ Acceptances accepted and purchased on the same Borrowing Date in
respect of the same Canadian RCF Loan;

      (B) an acceptance fee will be payable in respect of a Discount Note
and shall be calculated at the same rate and in the same manner as the BA
Fee in respect of a Bankers’ Acceptance;

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      (C) the BA Rate applicable to a Discount Note shall be the BA Rate
applicable to Bankers’ Acceptances accepted by a Lender other than Schedule
I Lender on the same Borrowing Date or other date, as the case may be, in
respect of the same RCF Loan; and

      (D) the term “face amount” when used in the context of a Discount Note
shall mean and refer to the principal amount of such Discount Note.

          (xiii)
Depository Bills and Notes Act (Canada). At the option of any
Canadian Lender, Bankers’ Acceptances under this Agreement to be accepted by
that Canadian Lender may be issued in the form of depository bills for deposit
with The Canadian Depository for Securities Limited pursuant to the Depository
Bills and Notes Act (Canada). All depository bills so issued shall be governed
by the provisions of this subsection 4.6. Upon the request of any Canadian
Lender, the Canadian Borrowers shall provide to such Canadian Lender a power of
attorney to complete, sign, endorse and issue B/A Instruments on behalf of the
Canadian Borrowers in form and substance reasonably satisfactory to such
Canadian Lender.

          (xiv)
Payment, Conversion or Renewal of B/A Instruments. On any date
on which a Bankers’ Acceptance Loan is created, purchased, converted or
continued, the Canadian Administrative Agent shall be entitled to net all
amounts payable on such date by the Canadian Administrative Agent to a Canadian
Lender against all amounts payable on such date by such Canadian Lender to the
Canadian Administrative Agent. Similarly, on any such date each Canadian
Borrower hereby authorizes each Canadian Lender to net all amounts payable on
such date by such Canadian Lender to the Canadian Administrative Agent for the
account of such Canadian Borrower, against all amounts payable on such date by
such Canadian Borrower to such Canadian Lender in accordance with the Canadian
Administrative Agent’s calculations.

          (xv)
Circumstances Making Bankers’ Acceptances Unavailable. If, by
reason of circumstances affecting the money market generally, as determined in
good faith by the Canadian Administrative Agent acting reasonably and in respect
of which the Canadian Administrative Agent shall have given notice to the
Canadian Borrowers of the occurrence and particulars thereof, there is no market
for Bankers’ Acceptances or Canadian Lenders cannot readily sell bankers’
acceptances or perform their obligations under this Agreement with respect to
bankers’ acceptances (i) the right of the Canadian Borrowers to request a
Bankers’ Acceptance Loan shall be suspended until the circumstances causing a
suspension no longer exist, (ii) any applicable notice of Borrowing which is
outstanding shall either: (x) be cancelled and the requested Bankers’ Acceptance
Loan shall not be made or (y) the Canadian Administrative Agent may, acting
reasonably and taking into account any circumstances then affecting the Canadian
Lenders and the availability of Loans, at the direction of the Canadian
Borrowers, deem the aforementioned notice of Borrowing, a notice of Borrowing
for ABR Loans under the Canadian RC Facility.

          The Canadian Administrative Agent shall promptly notify the Canadian
Borrower of the suspension of the Canadian Borrower’s right to request a
Bankers’ Acceptance Loan and of the termination of any suspension.

          4.7
Inability to Determine Interest Rate. If prior to the first day of
any Interest Period, the U.S. Administrative Agent shall have determined (which
determination shall be

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conclusive and binding upon each of the Borrowers) that, by reason of
circumstances affecting the relevant market, adequate and reasonable means do
not exist for ascertaining the Eurocurrency Rate with respect to any
Eurocurrency Loan (the “Affected Rate”) for such Interest Period, the U.S.
Administrative Agent shall give telecopy or telephonic notice thereof to the
Parent Borrower and the Lenders as soon as practicable thereafter. If such
notice is given (a) any Eurocurrency Loans the rate of interest applicable to
which is based on the Affected Rate requested to be made on the first day of
such Interest Period shall be made as ABR Loans, (b) any Loans that were to have
been converted on the first day of such Interest Period to or continued as
Eurocurrency Loans the rate of interest applicable to which is based upon the
Affected Eurocurrency Rate or Affected Rate shall be converted to or continued
as ABR Loans and (c) any outstanding Eurocurrency Loans that were to have been
converted on the first day of such Interest Period to or continued as
Eurocurrency Loans the rate of interest applicable to which is based upon the
Affected Rate and that are not otherwise permitted to be converted to or
continued as ABR Loans by subsection 4.2 shall, upon demand by the applicable
Lenders the Commitment Percentage of which aggregate greater than 50% of such
Loans, be immediately repaid by the applicable Borrower on the last day of the
then current Interest Period with respect thereto together with accrued interest
thereon or otherwise, at the option of the Parent Borrower, shall remain
outstanding and bear interest at a rate which reflects, as to each of the RCF
Lenders, such RCF Lender’s cost of funding such Eurocurrency Loans as reasonably
determined by such Lender, plus the Applicable Margin hereunder. If any such
repayment occurs on a day which is not the last day of the then current Interest
Period with respect to such Affected Eurocurrency Loan, the applicable Borrower
shall pay to each of the applicable Lenders such amounts, if any, as may be
required pursuant to subsection 4.12. Until such notice has been withdrawn by
the U.S. Administrative Agent, no further Eurocurrency Loans the rate of
interest applicable to which is based upon the Affected Rate shall be made or
continued as such, nor shall any of the Borrowers have the right to convert ABR
Loans to Eurocurrency Loans the rate of interest applicable to which is based
upon the Affected Rate.

          4.8
Pro Rata Treatment and Payments. (a) Each borrowing of Loans
(other than Swing Line Loans) by any of the applicable Borrowers from the
Lenders hereunder shall be made, each payment by any of the Borrowers on account
of any commitment fee in respect of any RCF Commitments, as applicable,
hereunder shall be allocated by the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, and any reduction of any RCF Commitments of
the Lenders shall be allocated by the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, pro rata according to the U.S. RCF
Commitment Percentage or Canadian RCF Commitment Percentage, as applicable, of
the applicable Lenders. Each payment (including each prepayment) by any of the
applicable Borrowers on account of principal of (or the face amount of) and
interest on any Term Loan, U.S. RCF Loans or Canadian RCF Loans, as applicable,
shall be allocated by the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, pro rata according to the respective
outstanding principal (or face) amounts of such Term Loans, U.S. RCF Loans or
Canadian RCF Loans, as applicable, then held by the relevant Lenders; provided 
that in no event shall payments made by the Canadian Borrowers be applied to
repay Loans made to the U.S. Borrowers or Canadian Finco. All payments
(including prepayments) to be made by any of the Borrowers hereunder, whether on
account of principal, interest, fees, Reimbursement Obligations or otherwise,
shall be made without set-off or counterclaim and shall be made prior to 1:00
P.M., New York City time, on the due date thereof to the U.S. Administrative
Agent or the Canadian Administrative Agent, as

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applicable, for the account of the Lenders holding the relevant Loans or the L/C
Participants, as the case may be, at the U.S. Administrative Agent’s or the
Canadian Administrative Agent’s, as applicable, office specified in subsection
11.2, in Dollars, or, in the case of payments in respect of Canadian RCF Loans
and Canadian RCF Letters of Credit denominated in Canadian Dollars, in Canadian
Dollars and (whether in Dollars or Canadian Dollars) in immediately available
funds. Payments received by the U.S. Administrative Agent or Canadian
Administrative Agent, as applicable, after such time shall be deemed to have
been received on the next Business Day. The U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, shall distribute such payments to
such Lenders, if any such payment is received prior to 1:00 P.M., New York City
time, on a Business Day, in like funds as received prior to the end of such
Business Day and otherwise the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, shall distribute such payment to such
Lenders on the next succeeding Business Day. If any payment hereunder (other
than payments on the Eurocurrency Loans) becomes due and payable on a day other
than a Business Day, the maturity of such payment shall be extended to the next
succeeding Business Day, and, with respect to payments of principal, interest
thereon shall be payable at the then applicable rate during such extension. If
any payment on a Eurocurrency Loan becomes due and payable on a day other than a
Business Day, the maturity of such payment shall be extended to the next
succeeding Business Day (and, with respect to payments of principal, interest
thereon shall be payable at the then applicable rate during such extension)
unless the result of such extension would be to extend such payment into another
calendar month, in which event such payment shall be made on the immediately
preceding Business Day.

          (b) Unless the U.S. Administrative Agent or the Canadian
Administrative Agent, as the case may be, shall have been notified in writing by
any Lender prior to a borrowing that such Lender will not make the amount that
would constitute its share of such borrowing available to such Agent, such Agent
may assume that such Lender is making such amount available to such Agent, and
such Agent may, in reliance upon such assumption, make available to the
applicable Borrowers in respect of such borrowing a corresponding amount. If
such amount is not made available to the U.S. Administrative Agent or the
Canadian Administrative Agent, as the case may be, by the required time on the
Borrowing Date therefor, such Lender shall pay to the U.S. Administrative Agent
or the Canadian Administrative Agent, as the case may be, on demand, such amount
with interest thereon at a rate equal to the daily average Federal Funds
Effective Rate or the rate customary for settlement of Canadian Dollar interbank
obligations, as applicable, and as quoted by the U.S. Administrative Agent or
the Canadian Administrative Agent, as the case may be, in each case for the
period until such Lender makes such amount immediately available to the U.S.
Administrative Agent or the Canadian Administrative Agent, as the case may be. A
certificate of the U.S. Administrative Agent or the Canadian Administrative
Agent, as the case may be, submitted to any Lender with respect to any amounts
owing under this subsection shall be conclusive in the absence of manifest
error. If such Lender’s share of such borrowing is not made available to the
applicable Agent by such Lender within three Business Days of such Borrowing
Date, (x) the applicable Agent shall notify the Parent Borrower of the failure
of such Lender to make such amount available to the U.S. Administrative Agent or
the Canadian Administrative Agent, as the case may be, and such Agent shall also
be entitled to recover such amount with interest thereon at the rate per annum
applicable to ABR Loans hereunder on demand from such Borrower and (y) then such
Borrower may, without waiving or limiting any rights or remedies it may have
against such Lender

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hereunder or under applicable law or otherwise, (i) borrow a like amount on an
unsecured basis from any commercial bank for a period ending on the date upon
which such Lender does in fact make such borrowing available, provided that at
the time such borrowing is made and at all times while such amount is
outstanding such Borrower would be permitted to borrow such amount pursuant to
subsection 2.1 and/or (ii) take any action permitted by the following subsection
4.8(c).

      (c) Notwithstanding anything to the contrary contained in this
Agreement:

      (i) If at any time a Lender shall not make a Loan required to be made
by it hereunder (any such Lender, a “Defaulting Lender”), the Parent
Borrower shall have the right to seek one or more Persons reasonably
satisfactory to the U.S. Administrative Agent and the Parent Borrower to
each become a substitute Lender and assume all or part of the outstanding
Loans and/or Commitments of such Defaulting Lender. In such event, the
Parent Borrower, the U.S. Administrative Agent and any such substitute
Lender shall execute and deliver, and such Defaulting Lender shall
thereupon be deemed to have executed and delivered, an appropriately
completed Assignment and Acceptance to effect such substitution.

      (ii) In determining the Required Lenders or Supermajority Lenders, any
Lender that at the time is a Defaulting Lender (and the Loans and/or
Commitment of such Defaulting Lender) shall be excluded and disregarded. No
commitment fee shall accrue for the account of a Defaulting Lender so long
as such Lender shall be a Defaulting Lender.

      (iii) If at any time any Borrower shall be required to make any
payment under any Loan Document to or for the account of a Defaulting
Lender, then such Borrower, so long as it is then permitted to borrow RCF
Loans hereunder, may set off and otherwise apply its obligation to make
such payment against the obligation of such Defaulting Lender to make such
Loan. In such event, the amount so set off and otherwise applied shall be
deemed to constitute a RCF Loan by such Defaulting Lender made on the date
of such set-off and included within any borrowing of RCF Loans as the U.S.
Administrative Agent may reasonably determine.

      (iv) If, with respect to any Defaulting Lender, which for the purposes
of this subsection 4.8(c)(iv) shall include any Lender that has taken any
action or become the subject of any action or proceeding of a type
described in subsection 9(f), any Borrower shall be required to pay any
amount under any Loan Document to or for the account of such Defaulting
Lender, then such Borrower, so long as it is then permitted to borrow RCF
Loans hereunder, may satisfy such payment obligation by paying such amount
to the U.S. Administrative Agent, or the Canadian Administrative Agent, as
applicable, to be (to the extent permitted by applicable law and to the
extent not utilized by the U.S. Administrative Agent or the Canadian
Administrative Agent, as applicable, to satisfy obligations of the
Defaulting Lender owing to it) held by the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, in escrow pursuant to its
standard terms (including as to the earning of interest), and applied
(together with any accrued

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interest) by it from time to time to make any RCF Loans or other payments
as and when required to be made by such Defaulting Lender hereunder.

          4.9
Illegality. Notwithstanding any other provision herein, if the
adoption of or any change in any Requirement of Law or in the interpretation or
application thereof occurring after the Closing Date shall make it unlawful for
any Lender to make or maintain any Eurocurrency Loans or Bankers’ Acceptance
Loans as contemplated by this Agreement (“Affected Loans”), (a) such Lender
shall promptly give written notice of such circumstances to the Parent Borrower
and the U.S. Administrative Agent and the Canadian Administrative Agent (in the
case of Bankers’ Acceptance Loans) (which notice shall be withdrawn whenever
such circumstances no longer exist), (b) the commitment of such Lender hereunder
to make Affected Loans, continue Affected Loans as such and convert an ABR Loan
to an Affected Loan shall forthwith be cancelled and, until such time as it
shall no longer be unlawful for such Lender to make or maintain such Affected
Loans, such Lender shall then have a commitment only to make an ABR Loan (or a
Swing Line Loan) when an Affected Loan is requested (to the extent otherwise
permitted by subsection 4.2), (c) such Lender’s Loans then outstanding as
Affected Loans, if any, shall be converted automatically to ABR Loans on the
respective last days of the then current Interest Periods or, in the case of
Bankers’ Acceptance Loans, the maturity dates with respect to such Loans or
within such earlier period as required by law (to the extent otherwise permitted
by subsection 4.2) and (d) such Lender’s Eurocurrency Loans then outstanding as
Affected Loans, if any, not otherwise permitted to be converted to ABR Loans by
subsection 4.2 shall, upon notice to the Parent Borrower, be prepaid with
accrued interest thereon on the last day of the then current Interest Period
with respect thereto (or such earlier date as may be required by any such
Requirement of Law). If any such conversion or prepayment of an Affected Loan
occurs on a day which is not the last day of the then current Interest Period
with respect thereto, the applicable Borrower shall pay to such Lender such
amounts, if any, as may be required pursuant to subsection 4.12.

          4.10
Requirements of Law. (a) If the adoption of or any change in any
Requirement of Law or in the interpretation or application thereof applicable to
any Lender, or compliance by any Lender with any request or directive (whether
or not having the force of law) from any central bank or other Governmental
Authority, in each case made subsequent to the Closing Date (or, if later, the
date on which such Lender becomes a Lender):

      (i) shall subject such Lender to any tax of any kind whatsoever with
respect to any Letter of Credit, any L/C Request, or any Eurocurrency
Loans, Bankers’ Acceptance Loans made or maintained by it or its obligation
to make or maintain Eurocurrency Loans or Bankers’ Acceptance Loans, or
change the basis of taxation of payments to such Lender in respect thereof,
in each case, except for Non-Excluded Taxes and taxes measured by or
imposed upon the overall net income, branch profit taxes or franchise
taxes, or taxes measured by or imposed upon overall capital or net worth
(in the case of such capital or net worth taxes imposed in
lieu of net
income taxes), of such Lender or its applicable lending office, branch, or
any affiliate thereof;

      (ii) shall impose, modify or hold applicable any reserve, special
deposit, compulsory loan or similar requirement against assets held by,
deposits or other liabilities in or for the account of, advances, loans or
other extensions of credit by, or any other

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acquisition of funds by, any office of such Lender which is not otherwise
included in the determination of the Eurocurrency Rate or BA Rate, as the
case may be, hereunder; or

          (iii) shall impose on such Lender any other condition (excluding any
tax of any kind whatsoever);

and the result of any of the foregoing is to increase the cost to such Lender,
by an amount which such Lender deems to be material, of making, converting into,
continuing or maintaining Eurocurrency Loans or Bankers’ Acceptance Loans or
issuing or participating in Letters of Credit or to reduce any amount receivable
hereunder in respect thereof, then, in any such case, upon notice to the Parent
Borrower from such Lender, through the U.S. Administrative Agent, in accordance
herewith, the applicable Borrower shall promptly pay such Lender, upon its
demand, any additional amounts necessary to compensate such Lender for such
increased cost or reduced amount receivable with respect to such Eurocurrency
Loans or Bankers’ Acceptance Loans, or Letters of Credit, provided that, in any
such case, such Borrower may elect to convert the Eurocurrency Loans or Bankers’
Acceptance Loans made by such Lender hereunder to ABR Loans by giving the U.S.
Administrative Agent at least one Business Day’s notice of such election, in
which case such Borrower shall promptly pay to such Lender, upon demand, without
duplication, amounts theretofore required to be paid to such Lender pursuant to
this subsection 4.10(a) and such amounts, if any, as may be required pursuant to
subsection 4.12. If any Lender becomes entitled to claim any additional amounts
pursuant to this subsection, it shall provide prompt notice thereof to the
Parent Borrower, through the U.S. Administrative Agent, certifying (x) that one
of the events described in this paragraph (a) has occurred and describing in
reasonable detail the nature of such event, (y) as to the increased cost or
reduced amount resulting from such event and (z) as to the additional amount
demanded by such Lender and a reasonably detailed explanation of the calculation
thereof. Such a certificate as to any additional amounts payable pursuant to
this subsection submitted by such Lender, through the U.S. Administrative Agent,
to the Parent Borrower shall be conclusive in the absence of manifest error.
This covenant shall survive the termination of this Agreement and the payment of
the Loans and all other amounts payable hereunder.

          (b) If any Lender shall have determined that the adoption of or any
change in any Requirement of Law regarding capital adequacy or in the
interpretation or application thereof or compliance by such Lender or any
corporation controlling such Lender with any request or directive regarding
capital adequacy (whether or not having the force of law) from any Governmental
Authority, in each case, made subsequent to the Closing Date, does or shall have
the effect of reducing the rate of return on such Lender’s or such corporation’s
capital as a consequence of such Lender’s obligations hereunder or under or in
respect of any Letter of Credit to a level below that which such Lender or such
corporation could have achieved but for such 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 ten Business Days after submission by such Lender to the
Parent Borrower (with a copy to the U.S. Administrative Agent) of a written
request therefor certifying (x) that one of the events described in this
paragraph (b) has occurred and describing in reasonable detail the nature of
such event, (y) as to the reduction of the rate of return on capital resulting
from such event and (z) as to the additional amount or amounts demanded by such
Lender or corporation and a reasonably detailed explanation of the calculation
thereof, the

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applicable Borrower shall pay to such Lender such additional amount or amounts
as will compensate such Lender or corporation for such reduction. Such a
certificate as to any additional amounts payable pursuant to this subsection
submitted by such Lender, through the U.S. Administrative Agent, to the Parent
Borrower shall be conclusive in the absence of manifest error. This covenant
shall survive the termination of this Agreement and the payment of the Loans and
all other amounts payable hereunder.

          (c) Notwithstanding anything to the contrary in this subsection 4.10,
no Borrower shall be required to pay any amount with respect to any additional
cost or reduction specified in paragraph (a) or paragraph (b) above, to the
extent such additional cost or reduction is attributable, directly or
indirectly, to the application of, compliance with or implementation of specific
capital adequacy requirements or new methods of calculating capital adequacy,
including any part or “pillar” (including Pillar 2 (“Supervisory Review
Process”)), of the International Convergence of Capital Measurement Standards: a
Revised Framework, published by the Basel Committee on Banking Supervision in
June 2004, or any implementation, adoption (whether voluntary or compulsory)
thereof, whether by an EC Directive or the FSA Integrated Prudential Sourcebook
or any other law or regulation, or otherwise.

          4.11 Taxes. (a) Except as provided below in this subsection or as
required by law, all payments made by each of the Borrowers and the Agents under
this Agreement and any Notes shall be made free and clear of, and without
deduction or withholding for or on account of, any present or future income,
stamp or other taxes, levies, imposts, duties, charges, fees, deductions or
withholdings, now or hereafter imposed, levied, collected, withheld or assessed
by any Governmental Authority (“Taxes”), excluding Taxes measured by or imposed
upon the overall net income of any Agent or Lender or its applicable lending
office, or any branch or affiliate thereof, and all franchise Taxes, branch
Taxes, Taxes on doing business or Taxes measured by or imposed upon the overall
capital or net worth of any such Agent or Lender or its applicable lending
office, or any branch or affiliate thereof, in each case imposed: (i) by the
jurisdiction under the laws of which such Agent or Lender, applicable lending
office, branch or affiliate is organized or is located, or in which its
principal executive office is located, or any nation within which such
jurisdiction is located or any political subdivision thereof; or (ii) by reason
of any connection between the jurisdiction imposing such Tax and such Agent or
Lender, applicable lending office, branch or affiliate other than a connection
arising solely from such Agent or Lender having executed, delivered or performed
its obligations under, or received payment under or enforced, this Agreement or
any Notes. If any such non-excluded Taxes (“Non-Excluded Taxes”) are required to
be withheld from any amounts payable by any Borrower or any Agent to the U.S.
Administrative Agent, the Canadian Administrative Agent or any Lender hereunder
or under any Notes, the amounts payable by such Borrower shall be increased to
the extent necessary to yield to the U.S. Administrative Agent, the Canadian
Administrative Agent or such Lender (after payment of all Non-Excluded Taxes)
interest or any such other amounts payable hereunder at the rates or in the
amounts specified in this Agreement; provided, however, that each of the
Borrowers shall be entitled to deduct and withhold, and the Borrowers shall not
be required to indemnify for, any Non-Excluded Taxes, and any such amounts
payable by any Borrower or any Agent to, or for the account of, any such Agent
or Lender shall not be increased (x) if such Agent or Lender fails to comply
with the requirements of paragraphs (b) or (c) of this subsection or subsection
4.15 hereof (provided that while such failure shall limit the indemnity
obligation of the Borrowers pursuant to this subsection 4.11, such failure shall
not be

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treated as a breach of this Agreement for any other purpose) or (y) with respect
to any Non-Excluded Taxes imposed in connection with the payment of any fees
paid under this Agreement unless such Non-Excluded Taxes are imposed as a result
of a change in treaty, law or regulation that occurred after such Agent becomes
an Agent hereunder or such Lender becomes a Lender hereunder (or, if such Agent
or Lender is a non-U.S. intermediary or flow-through entity for U.S. federal
income tax purposes, after the relevant beneficiary or member of such Agent or
Lender became such a beneficiary or member, if later) (such change, at such
time, a “Change in Law”) or (z) with respect to any Non-Excluded Taxes imposed
by the United States or any state or political subdivision thereof, unless such
Non-Excluded Taxes are imposed as a result of a Change in Law. Whenever any
Non-Excluded Taxes are payable by any of the Borrowers, as promptly as possible
thereafter the applicable Borrower shall send to the U.S. Administrative Agent
or the Canadian Administrative Agent, as applicable, for its own account or for
the account of such Lender, as the case may be, a certified copy of an original
official receipt received by such Borrower showing payment thereof. If any U.S.
Borrower or any Canadian Borrower fails to pay any Non-Excluded Taxes when due
to the appropriate taxing authority or fails to remit to the U.S. Administrative
Agent or the Canadian Administrative Agent, as applicable, the required receipts
or other required documentary evidence, the U.S. Borrowers (in the case of any
failure by a U.S. Borrower), on a joint and several basis, and the Canadian
Borrowers (in the case of any failure by a Canadian Borrower), on a joint and
several basis, shall indemnify the U.S. Administrative Agent, the Canadian
Administrative Agent and the Lenders for any incremental taxes, interest or
penalties that may become payable by the U.S. Administrative Agent, the Canadian
Administrative Agent or any Lender as a result of any such failure. The
agreements in this subsection 4.11 shall survive the termination of this
Agreement and the payment of the Loans and all other amounts payable hereunder.

          (b) Each Agent (other than the Canadian Administrative Agent and the
Canadian Collateral Agent), and each Lender that stands ready to make, makes or
holds any Extension of Credit to any U.S. Borrower (which shall include for the
purposes of this clause (b), Canadian Finco) (a “U.S. Extender of Credit”), in
each case that is not incorporated under the laws of the United States of
America or a state thereof shall:

      (X) (i) on or before the date of any payment by any of the U.S.
Borrowers under this Agreement or any Notes to, or for the account of, such
Agent or Lender, deliver to the U.S. Borrowers and the U.S. Administrative
Agent (A) two duly completed copies of United States Internal Revenue
Service Form W-8BEN (certifying that it is a resident of the applicable
country within the meaning of the income tax treaty between the United
States and that country) or Form W-8ECI, or successor applicable form, as
the case may be, in each case certifying that it is entitled to receive all
payments under this Agreement and any Notes without deduction or
withholding of any United States federal income taxes, (B) in the case of
DBNY, also deliver two duly completed copies of Internal Revenue Service
Form W-8IMY certifying that it is a “U.S. branch” and that the payments it
receives for the account of others are not effectively connected with the
conduct of its trade or business in the United States and that it is using
such form as evidence of its agreement with the U.S. Borrowers to be
treated as a U.S. person with respect to such payments (and the U.S.
Borrowers and DBNY agree to so treat DBNY as a U.S. person with respect to
such payments), with the effect that the U.S. Borrowers can make payments
to DBNY without deduction or withholding of any Taxes imposed by the

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      United States and (C) such other forms, documentation or certifications, as
the case may be, certifying that it is entitled to an exemption from United
States backup withholding tax with respect to payments under this Agreement
and any Notes;

      (ii) deliver to the U.S. Borrowers and the U.S. Administrative
Agent two further copies of any such form or certification on or
before the date that any such form or certification expires or becomes
obsolete and after the occurrence of any event requiring a change in
the most recent form or certificate previously delivered by it to the
U.S. Borrowers; and

      (iii) obtain such extensions of time for filing and completing
such forms or certifications as may reasonably be requested by any
U.S. Borrower or the U.S. Administrative Agent; or

      (Y) in the case of any such Lender that is not a “bank” within the
meaning of Section 881(c)(3)(A) of the Code and is claiming the so-called
“portfolio interest exemption”,

      (i) represent to the U.S. Borrowers and the U.S. Administrative Agent
that it is not a bank within the meaning of Section 881(c)(3)(A) of the
Code;

      (ii) deliver to the U.S. Borrowers on or before the date of any
payment by any of the U.S. Borrowers, with a copy to the U.S.
Administrative Agent, (A) two certificates substantially in the form of
Exhibit E (any such certificate a “U.S. Tax Compliance Certificate”) and
(B) two accurate and complete original signed copies of Internal Revenue
Service Form W-8BEN, or successor applicable form, certifying to such
Lender’s legal entitlement at the date of such form to an exemption from
U.S. withholding tax under the provisions of Section 871(h) or Section
881(c) of the Code with respect to payments to be made under this Agreement
and any Notes (and shall also deliver to the U.S. Borrowers and the U.S.
Administrative Agent two further copies of such form or certificate on or
before the date it expires or becomes obsolete and after the occurrence of
any event requiring a change in the most recently provided form or
certificate and, if necessary, obtain any extensions of time reasonably
requested by any U.S. Borrower or the U.S. Administrative Agent for filing
and completing such forms or certificates); and

      (iii) deliver, to the extent legally entitled to do so, upon
reasonable request by any U.S. Borrower, to the U.S. Borrowers and the U.S.
Administrative Agent such other forms as may be reasonably required in
order to establish the legal entitlement of such Lender to an exemption
from withholding with respect to payments under this Agreement and any
Notes, provided that in determining the reasonableness of a request under
this clause (ii) such Lender shall be entitled to consider the cost (to the
extent unreimbursed by any of the Borrowers) which would be imposed on such
Lender of complying with such request; or

      (Z) in the case of any such Lender that is a non-U.S. intermediary or
flow-through entity for U.S. federal income tax purposes,

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      (i) on or before the date of any payment by any of the U.S. Borrowers
under this Agreement or any Notes to, or for the account of, such Lender,
deliver to the U.S. Borrowers and the U.S. Administrative Agent two
accurate and complete original signed copies of Internal Revenue Service
Form W-8IMY and, if any beneficiary or member of such Lender is claiming
the so-called “portfolio interest exemption”, (I) represent to the U.S.
Borrowers and the U.S. Administrative Agent that such Lender is not a bank
within the meaning of Section 881(c)(3)(A) of the Code, and (II) also
deliver to the U.S. Borrowers and the U.S. Administrative Agent two U.S.
Tax Compliance Certificates certifying to such Lender’s legal entitlement
at the date of such certificate to an exemption from U.S. withholding tax
under the provisions of Section 881(c) of the Code with respect to payments
to be made under this Agreement and any Notes; and

      (A) with respect to each beneficiary or member of such Lender that is
not claiming the so-called “portfolio interest exemption”, also deliver to
the U.S. Borrower and the U.S. Administrative Agent (I) two duly completed
copies of United States Internal Revenue Service Form W-8BEN (certifying
that such beneficiary or member is a resident of the applicable country
within the meaning of the income tax treaty between the United States and
that country), Form W-8ECI or Form W-9, or successor applicable form, as
the case may be, in each case so that each such beneficiary or member is
entitled to receive all payments under this Agreement and any Notes without
deduction or withholding of any United States federal income taxes and (II)
such other forms, documentation or certifications, as the case may be,
certifying that each such beneficiary or member is entitled to an exemption
from United States backup withholding tax with respect to all payments
under this Agreement and any Notes; and

      (B) with respect to each beneficiary or member of such Lender that is
claiming the so-called “portfolio interest exemption”, (I) represent to the
U.S. Borrowers and the U.S. Administrative Agent that such beneficiary or
member is not a bank within the meaning of
Section 881(c)(3)(A) of the
Code, and (II) also deliver to the U.S. Borrowers and the U.S.
Administrative Agent two U.S. Tax Compliance Certificates from each
beneficiary or member and two accurate and complete original signed copies
of Internal Revenue Service Form W-8BEN, or successor applicable form,
certifying to such beneficiary’s or member’s legal entitlement at the date
of such certificate to an exemption from U.S. withholding tax under the
provisions of Section 871(h) or Section 881(c) of the Code with respect to
payments to be made under this Agreement and any Notes;

      (ii) deliver to the U.S. Borrowers and the U.S. Administrative Agent
two further copies of any such forms, certificates or certifications
referred to above on or before the date any such form, certificate or
certification expires or becomes obsolete, or any beneficiary or member
changes, and after the occurrence of any event requiring a change in the
most recently provided form, certificate or certification and obtain such
extensions of time reasonably requested by any U.S. Borrower or the U.S.
Administrative Agent for filing and completing such forms, certificates or
certifications; and

      (iii) deliver, to the extent legally entitled to do so, upon
reasonable request by any U.S. Borrower, to the U.S. Borrowers and the U.S.
Administrative Agent such other forms as may be reasonably required in
order to establish the legal entitlement of such

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Lender (or beneficiary or member) to an exemption from withholding with
respect to payments under this Agreement and any Notes, provided that in
determining the reasonableness of a request under this clause (iii) such
Lender shall be entitled to consider the cost (to the extent unreimbursed
by any of the Borrowers) which would be imposed on such Lender (or
beneficiary or member) of complying with such request;

unless in any such case any change in treaty, law or regulation has
occurred after the date such Person becomes a Lender hereunder (or a
beneficiary or member in the circumstances described in clause (Z) above,
if later) which renders all such forms inapplicable or which would prevent
such Lender (or such beneficiary or member) from duly completing and
delivering any such form with respect to it and such Lender so advises the
Parent Borrower and the U.S. Administrative Agent.

          (c) Each Agent and each U.S. Extender of Credit, in each case that is
organized under the laws of the United States of America or a state thereof,
shall on or before the date of any payment by any of the U.S. Borrowers under
this Agreement or any Notes to, or for the account of, such Agent or U.S.
Extender of Credit, deliver to the U.S. Borrowers (which shall include for the
purposes of this clause (c), Canadian Finco) and the U.S. Administrative Agent
two duly completed copies of Internal Revenue Service Form W-9, or successor
form, certifying that such Agent or U.S. Extender of Credit is a United States
Person (within the meaning of Section 7701(a)(30) of the Internal Revenue Code)
and that such Agent or U.S. Extender of Credit is entitled to a complete
exemption from United States backup withholding tax.

          4.12
Indemnity. Each U.S. Borrower jointly and severally agrees to
indemnify each Lender in respect of Extensions of Credit made, or requested to
be made, to the U.S. Borrowers, each Canadian Borrower jointly and severally
agrees to indemnify each Canadian RCF Lender in respect of Extensions of Credit
made, or requested to be made, to the Canadian Borrowers and Canadian Finco
agrees to indemnify each Lender in respect of Extensions of Credit made to it,
and, in each case, to hold each such Lender harmless from any loss or expense
which such Lender may sustain or incur (other than through such Lender’s gross
negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction)) as a consequence of (a)
default by such Borrower in making a borrowing of, conversion into or
continuation of Eurocurrency Loans or Bankers’ Acceptance Loans after the Parent
Borrower has given a notice requesting the same in accordance with the
provisions of this Agreement, (b) default by such Borrower in making any
prepayment or conversion of Eurocurrency Loans or Bankers’ Acceptance Loans
after the respective Borrower has given a notice thereof in accordance with the
provisions of this Agreement or (c) the making of a payment or prepayment (or
the purchase pursuant to subsection 4.13(d)(i)) of Eurocurrency Loans or
Bankers’ Acceptance Loans or the conversion of Eurocurrency Loans or Bankers’
Acceptance Loans on a day which is not the last day of an Interest Period or
maturity date, as applicable, with respect thereto. Such indemnification may
include an amount equal to the excess, if any, of (i) the amount of interest (or
in the case of Bankers’ Acceptance Loans, yield) which would have accrued on the
amount so prepaid, or converted, or not so borrowed, converted or continued, for
the period from the date of such prepayment or conversion or of such failure to
borrow, convert or continue to the last day of the applicable Interest Period or
maturity date, as applicable (or, in the case of a failure to borrow, convert or
continue, the Interest Period or the term of the B/A Instrument, as the case may
be, that would have commenced on the date

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of such failure), in each case at the applicable rate of interest or BA Rate,
as applicable, for such Eurocurrency Loans or Bankers’ Acceptance Loans, as
applicable, provided for herein (excluding, however, the Applicable Margin
included therein, if any) over (ii) the amount of interest or, in the case of
Bankers’ Acceptance Loans, yield (as reasonably determined by such Lender) which
would have accrued to such Lender on such amount by placing such amount on
deposit for a comparable period with leading banks in the interbank eurocurrency
market or by issuing bankers’ acceptances for a comparable period, as the case
may be. If any Lender becomes entitled to claim any amounts under the indemnity
contained in this subsection 4.12, it shall provide prompt notice thereof to the
Parent Borrower, through the U.S. Administrative Agent, certifying (x) that one
of the events described in clause (a), (b) or (c) has occurred and describing in
reasonable detail the nature of such event, (y) as to the loss or expense
sustained or incurred by such Lender as a consequence thereof and (z) as to the
amount for which such Lender seeks indemnification hereunder and a reasonably
detailed explanation of the calculation thereof. Such a certificate as to any
indemnification pursuant to this subsection submitted by such Lender, through
the U.S. Administrative Agent, to the Parent Borrower shall be conclusive in the
absence of manifest error. This covenant shall survive the termination of this
Agreement and the payment of the Loans and all other amounts payable hereunder.

          4.13 Certain Rules Relating to the Payment of Additional Amounts. (a)
Upon the request, and at the expense of the applicable Borrower, each Lender to
which any of the Borrowers is required to pay any additional amount pursuant to
subsection 4.10 or 4.11, and any Participant in respect of whose participation
such payment is required, shall reasonably afford such Borrower the opportunity
to contest, and reasonably cooperate with such Borrower in contesting, the
imposition of any Tax giving rise to such payment; provided that (i) such Lender
shall not be required to afford such Borrower the opportunity to so contest
unless such Borrower shall have confirmed in writing to such Lender its
obligation to pay such amounts pursuant to this Agreement and (ii) such Borrower
shall reimburse such Lender for its reasonable attorneys’ and accountants’ fees
and disbursements incurred in so cooperating with such Borrower in contesting
the imposition of such Tax; provided, however, that notwithstanding the
foregoing no Lender shall be required to afford any Borrower the opportunity to
contest, or cooperate with such Borrower in contesting, the imposition of any
Taxes, if such Lender in its sole discretion in good faith determines that to do
so would have an adverse effect on it.

          (b) If a Lender changes its applicable lending office (other than (i)
pursuant to paragraph (c) below or (ii) after an Event of Default under
subsection 9(a) or (f) has occurred and is continuing) and the effect of such
change, as of the date of such change, would be to cause any of the Borrowers to
become obligated to pay any additional amount under subsection 4.10 or 4.11,
such Borrower shall not be obligated to pay such additional amount.

          (c) If a condition or an event occurs which would, or would upon the
passage of time or giving of notice, result in the payment of any additional
amount to any Lender by any of the Borrowers pursuant to subsection 4.10 or
4.11, such Lender shall promptly notify the applicable Borrower and the U.S.
Administrative Agent and shall take such steps as may reasonably be available to
it to mitigate the effects of such condition or event (which shall include
efforts to rebook the Loans held by such Lender at another lending office, or
through another branch or an affiliate, of such Lender); provided that such
Lender shall not be required to take any step that, in its reasonable judgment,
would be materially disadvantageous to its

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business or operations or would require it to incur additional costs (unless the
Parent Borrower agrees to reimburse such Lender for the reasonable incremental
out-of-pocket costs thereof).

          (d) If any of the Borrowers shall become obligated to pay additional
amounts pursuant to subsection 4.10 or 4.11 and any affected Lender shall not
have promptly taken steps necessary to avoid the need for payments under
subsection 4.10 or 4.11, the applicable Borrower shall have the right, for so
long as such obligation remains, (i) with the assistance of the U.S.
Administrative Agent, to seek one or more substitute Lenders reasonably
satisfactory to the U.S. Administrative Agent and such Borrower to purchase the
affected Loan, in whole or in part, at an aggregate price no less than such
Loan’s (other than a Bankers’ Acceptance Loan) principal amount plus accrued
interest, in the case of any Bankers’ Acceptance Loan, to provide cash
collateral in an amount equal to the face amount of each affected Bankers’
Acceptance Loan pursuant to arrangements satisfactory to the affected Lender,
and, in each case, assume the affected obligations under this Agreement, or (ii)
so long as no Default or Event of Default then exists or will exist immediately
after giving effect to the respective prepayment, upon at least four Business
Days’ irrevocable notice to the U.S. Administrative Agent (and, if applicable,
the Canadian Administrative Agent), to prepay the affected Loan (other than a
Bankers’ Acceptance Loan), in whole or in part, without premium or penalty,
except as otherwise provided in subsections 4.6(a) and 4.12 in the case of any
Bankers’ Acceptance Loan, to provide cash collateral in an amount equal to the
face amount of each affected Bankers’ Acceptance Loan pursuant to arrangements
satisfactory to the affected Lender. In the case of the substitution of a
Lender, the Parent Borrower (and any other applicable Borrower), the U.S.
Administrative Agent, the affected Lender, and any substitute Lender shall
execute and deliver an appropriately completed Assignment and Acceptance
pursuant to subsection 11.6(b) to effect the assignment of rights to, and the
assumption of obligations by, the substitute Lender; provided that any fees
required to be paid by subsection 11.6(b) in connection with such assignment
shall be paid by such Borrower or the substitute Lender. In the case of a
prepayment of an affected Loan, the amount specified in the notice shall be due
and payable on the date specified therein, together with any accrued interest to
such date on the amount prepaid. In the case of each of the substitution of a
Lender and of the prepayment of an affected Loan, the applicable Borrower shall
first pay the affected Lender any additional amounts owing under subsections
4.10 and 4.11 (as well as any commitment fees and other amounts then due and
owing to such Lender, including any amounts under this subsection 4.13) prior to
such substitution or prepayment.

          (e) If any Agent or any Lender receives a refund directly attributable
to taxes for which any of the Borrowers has made additional payments pursuant to
subsection 4.10(a) or 4.11(a), such Agent or such Lender, as the case may be,
shall promptly pay such refund (together with any interest with respect thereto
received from the relevant taxing authority, but net of any reasonable cost
incurred in connection therewith) to such Borrower; provided, however, that such
Borrower agrees promptly to return such refund (together with any interest with
respect thereto due to the relevant taxing authority) (free of all Non-Excluded
Taxes) to such Agent or the applicable Lender, as the case may be, upon receipt
of a notice that such refund is required to be repaid to the relevant taxing
authority.

          (f) The obligations of any Agent, Lender or Participant under this
subsection 4.13 shall survive the termination of this Agreement and the payment
of the Loans and all amounts payable hereunder.

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          4.14 Controls on Prepayment if Aggregate Outstanding RCF Credit
Exceeds Aggregate RCF Commitments. (a) In addition to the provisions set forth
in subsection 4.4(c), the Parent Borrower will implement and maintain internal
controls to monitor the borrowings and repayments of Loans by the Borrowers and
the issuance of and drawings under Letters of Credit, with the object of (A)
preventing any request for an Extension of Credit that would result in (i) the
Aggregate Outstanding RCF Credit with respect to all of the RCF Lenders
(including the Swing Line Lender) being in excess of the aggregate RCF
Commitments then in effect or (ii) any other circumstance under which an
Extension of Credit would not be permitted pursuant to subsection 2.2(a) and (b)
and of (B) promptly identifying any circumstance where, by reason of changes in
exchange rates, the Aggregate Outstanding RCF Credit with respect to all of the
RCF Lenders (including the Swing Line Lender) exceeds the aggregate RCF
Commitments then in effect.

          (b) The (i) U.S. Administrative Agent will calculate the Aggregate
Outstanding RCF Credit with respect to all of (A) the RCF Lenders and (B) the
U.S. RCF Lenders (in each case, including the Swing Line Lender) and (ii)
Canadian Administrative Agent will calculate the Aggregate Outstanding RCF
Credit with respect to the Canadian RCF Lenders, in each case, from time to
time, and in any event not less frequently than once during each calendar week.
In making such calculations, the U.S. Administrative Agent will rely on the
information most recently received by it from the Swing Line Lender in respect
of outstanding Swing Line Loans, from the Issuing Lenders in respect of
outstanding L/C Obligations and from the Canadian Administrative Agent in
respect of the Aggregate Outstanding RCF Credit with respect to the Canadian RCF
Lenders.

          4.15 Canadian RCF Lenders. (a) The Canadian Administrative Agent, the
Canadian Collateral Agent and any Lender that holds any commitment or makes or
holds any Extension of Credit to any Canadian Borrower (such Lender, a “Canadian
Extender of Credit”) will at all times be a Canadian Resident. Each Lender
making an Extension of Credit to Canadian Finco (other than an Extension of
Credit with respect to which Canadian Finco represents that interest payments
made pursuant to such a Loan shall be exempt from Canadian withholding taxation
without regard to the residence of the Lender) will at all times, be a Canadian
Resident that complies with subsection 4.11(b) or (c) with respect to such
Extension of Credit to Canadian Finco.

          (b) A Canadian RCF Lender may change its Affiliate acting as Canadian
Lender hereunder but only pursuant to an assignment in form and substance
reasonably satisfactory to the U.S. Administrative Agent and the Canadian
Administrative Agent (with the consent of the U.S. Administrative Agent and the
Canadian Administrative Agent and each Canadian Issuing Lender and the Parent
Borrower or the Canadian Borrowers), where the respective assignee represents
and warrants that it is an Affiliate of the respective Canadian RCF Lender and
represents and warrants that it is a Canadian Resident and will act directly as
a Canadian Lender with respect to the Canadian RCF Commitment of the respective
Canadian RCF Lender.

          (c) Each Non-Canadian Affiliate will at all times comply with the
provisions of subsection 4.11(b) or 4.11(c), as applicable.

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          4.16 Cash Receipts. (a) Annexed hereto as Schedule 4.16(a), as the
same may be modified from time to time by notice to the U.S. Administrative
Agent, is a schedule of all DDAs that are maintained by the Loan Parties, which
schedule includes, with respect to each depository (i) the name and address of
such depository; (ii) the account number(s) maintained with such depository; and
(iii) a contact person at such depository.

          (b) Annexed hereto as Schedule 4.16(b), as the same may be modified
from time to time by notice to the U.S. Administrative Agent, is a list
describing all arrangements to which any Loan Party is a party with respect to
the payment to such Loan Party of the proceeds of all credit card charges for
sales of goods or services by such Loan Party.

          (c) Each Loan Party shall (i) deliver to the U.S. Administrative Agent
or, if such Loan Party is a Canadian Loan Party, the Canadian Administrative
Agent, notifications in form reasonably satisfactory to the U.S. Administrative
Agent or the Canadian Administrative Agent, as the case may be, which have been
executed on behalf of such Loan Party and addressed to such Loan Party’s credit
card clearinghouses and processors, in form reasonably satisfactory to the U.S.
Administrative Agent or the Canadian Administrative Agent, as the case may be
(each, a “Credit Card Notification”), (ii) deliver to the U.S. Administrative
Agent or, if such Loan Party is a Canadian Loan Party, the Canadian
Administrative Agent, notifications executed on behalf of the Borrowers to each
depository institution with which any DDA is maintained, in form reasonably
satisfactory to the U.S. Administrative Agent or the Canadian Administrative
Agent, as the case may be, of the U.S. Administrative Agent’s (or, in the case
of any Loan Party that is a Canadian Loan Party, the Canadian Administrative
Agent’s) interest in such DDA (each, a “DDA Notification”), (iii) instruct each
depository institution for a DDA to cause all amounts on deposit and available
at the close of each Business Day in such DDA to be swept to one of the Loan
Parties’ concentration accounts no less frequently than on a daily basis, such
instructions to be irrevocable unless otherwise agreed to in writing by the U.S.
Administrative Agent or the Canadian Administrative Agent, as the case may be,
(iv) enter into a blocked account agreement (each, a “Blocked Account
Agreement”), in form reasonably satisfactory to the U.S. Administrative Agent or
the Canadian Administrative Agent, as the case may be, with the U.S.
Administrative Agent or the Canadian Administrative Agent, as the case may be,
and any bank with which such Loan Party maintains a concentration account into
which the DDAs (other than proceeds excluded from the Collateral pursuant to any
Security Document) are swept (each such account of a Loan Party other than a
Canadian Loan Party, a “U.S. Blocked Account”, each such account of a Canadian
Loan Party, a “Canadian Blocked Account” and all such accounts, collectively,
the “Blocked Accounts”), covering each such concentration account maintained
with such bank, which concentration accounts as of the Closing Date are listed
on Schedule 4.16(c) annexed hereto and (v) instruct all Account Debtors of such
Loan Party that remit payments of Accounts of such Account Debtor regularly by
check pursuant to arrangements with such Loan Party to remit all such payments
(other than Accounts or payment thereof excluded from the Collateral pursuant to
any Security Document) to the applicable “P.O. Boxes” or “Lockbox Addresses”
with respect to the applicable DDA or concentration account, which remittances
shall be collected by the applicable bank (each, a “Collection Bank”) and
deposited in the applicable DDA or concentration account. All amounts received
by the Parent Borrower, any of its Domestic or Canadian Subsidiaries that is a
Loan Party and any Collection Bank in respect of any Account, in addition to all
other cash received from any other source, shall upon receipt of such amount or
cash (other than any such amount or cash excluded from the

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Collateral pursuant to any Security Document) be deposited into a DDA or
concentration account. Each Loan Party agrees that it will not cause proceeds of
such DDAs to be otherwise redirected.

          (d) Each Credit Card Notification and Blocked Account Agreement shall
require, after the occurrence and during the continuance of an Event or Default
or a Dominion Event, automatic clearing house or wire transfer no less
frequently than once per Business Day (unless the Commitments have been
terminated and the obligations hereunder and under the other Loan Documents have
been paid in full), of all available cash balances and cash receipts, including
the then contents or then entire ledger balance of each U.S. Blocked Account net
of such minimum balance (not to exceed $10,000 per account), if any, required by
the bank at which such U.S. Blocked Account is maintained to an account
maintained by the U.S. Administrative Agent at DBNY (the “DBNY Account”) and of
each Canadian Blocked Account net of such minimum balance (not to exceed $10,000
per account), if any, required by the bank at which such Canadian Blocked
Account is maintained to an account maintained by the Canadian Administrative
Agent at DBCB (the “DBCB Account”). Each Loan Party agrees that it will not
cause any credit card proceeds or proceeds of any Blocked Account to be
otherwise redirected.

          (e) (i) All collected amounts received in the DBNY Account shall be
distributed and applied on a daily basis in the following order (in each case,
to the extent the U.S. Administrative Agent has actual knowledge of the amounts
owing or outstanding as described below and any applications otherwise described
in following clauses (x) and (y), and after giving effect to the application of
any such amounts (x) otherwise required to be applied pursuant to subsections
4.4(b) or (y) constituting proceeds from any Collateral otherwise required to be
applied pursuant to the terms of the respective Security Document): (1) first,
to the payment (on a ratable basis) of any outstanding expenses actually due and
payable to the U.S. Administrative Agent, the U.S. Collateral Agent, and, to the
extent allocable to Canadian RCF Loans made to the U.S. Borrowers, the Canadian
Administrative Agent and/or the Canadian Collateral Agent under any of the Loan
Documents and to repay or prepay outstanding U.S. RCF Loans advanced by the U.S.
Administrative Agent and Canadian RCF Loans made to the U.S. Borrowers by the
Canadian Administrative Agent on behalf of the applicable Lenders hereunder; (2)
second, to the extent all amounts referred to in preceding clause (1) have been
paid in full, to pay (on a ratable basis) all outstanding expenses actually due
and payable to each Term Loan Lender under any of the Loan Documents, (3) third,
to the extent all amounts referred to in preceding clauses (1) and (2) have been
paid in full, to pay (on a ratable basis) all outstanding expenses actually due
and payable to each U.S. Issuing Lender under any of the Loan Documents and to
repay all outstanding U.S. Borrower Unpaid Drawings and all interest thereon;
(4) fourth, to the extent all amounts referred to in preceding clauses (1)
through (3), inclusive, have been paid in full, to pay (on a ratable basis) all
accrued and unpaid interest actually due and payable on the U.S. RCF Loans made
to the U.S. Borrowers and Canadian RCF Loans made to the U.S. Borrowers and
Canadian Finco and all accrued and unpaid Fees actually due and payable to the
U.S. Administrative Agent and the Canadian Administrative Agent, the U.S.
Issuing Lenders and the RCF Lenders under any of the Loan Documents; (5) fifth,
to the extent all amounts referred to in preceding clauses (1) through (4),
inclusive, have been paid in full, to repay (on a ratable basis) the outstanding
principal of U.S. RCF Loans made to the U.S. Borrowers and Canadian RCF Loans
made to the U.S. Borrowers (whether or not then due and payable), (6) sixth, to
the extent all amounts referred to in preceding clauses (1) through (5),
inclusive, have been paid in full, to

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pay (on a ratable basis) all outstanding obligations of the U.S. Borrowers then due and
payable to the U.S. Administrative Agent, the U.S. Collateral Agent, the Canadian Administrative
Agent, the Canadian Collateral Agent and the RCF Lenders under this Agreement and (6)
seventh, to the extent all amounts referred to in preceding clauses (1) through (6),
inclusive, have been paid in full, to pay (on a ratable basis) all other outstanding obligations of
the U.S. Borrowers then due and payable to the U.S. Administrative Agent, the U.S. Collateral
Agent, the Canadian Administrative Agent, the Canadian Collateral Agent and the RCF Lenders under
any of the Loan Documents.

          (ii) All collected amounts held in the DBCB Account shall be distributed and applied on a daily
basis in the following order (in each case, to the extent the Canadian Administrative Agent has
actual knowledge of the amounts owing or outstanding as described below and any applications
otherwise described in following clauses (x) and (y), and after giving effect to the application of
any such amounts (x) otherwise required to be applied pursuant to subsection 4.4(b) or (y)
constituting proceeds from any Collateral otherwise required to be applied pursuant to the terms of
the respective Security Document): (1) first, to the payment (on a ratable basis) of any
outstanding expenses actually due and payable by the Canadian Borrowers to the Canadian
Administrative Agent and/or the Canadian Collateral Agent under any of the Loan Documents and to
repay or prepay outstanding Canadian RCF Loans made to the Canadian Borrowers by the Canadian
Administrative Agent on behalf of the Lenders hereunder; (2) second, to the extent all
amounts referred to in preceding clause (1) have been paid in full, to pay (on a ratable basis) all
outstanding expenses actually due and payable by the Canadian Borrower to each Canadian Issuing
Lender under any of the Loan Documents and to repay all outstanding Canadian Borrower Unpaid
Drawings and interest thereon; (3) third, to the extent all amounts referred to in
preceding clauses (1) and (2) have been paid in full, to pay (on a ratable basis) all accrued and
unpaid interest actually due and payable on the Canadian RCF Loans made to the Canadian Borrowers
and all accrued and unpaid Fees actually due and payable by the Canadian Borrowers to the Canadian
Administrative Agent, the Canadian Issuing Lenders and the Canadian Lenders under any of the Loan
Documents; (4) fourth, to the extent all amounts referred to in preceding clauses (1)
through (3), inclusive, have been paid in full, to repay (on a ratable basis) the outstanding
principal of Canadian RCF Loans (other than Bankers’ Acceptance Loans where the underlying B/A
Instruments have not matured) made to the Canadian Borrowers (whether or not then due and payable);
(5) fifth, to the extent all amounts referred to in preceding clauses (1) through (4),
inclusive, have been paid in full, to provide cash collateral in an amount equal to the aggregate
face amounts of all outstanding Bankers’ Acceptance Loans on terms reasonably satisfactory to the
Canadian Administrative Agent; (6) sixth, to the extent all amounts referred to in
preceding clauses (1)through (5), inclusive, have been paid in full, to pay (on a ratable basis)
all other outstanding obligations of the Canadian Borrowers then due and payable to the Canadian
Administrative Agent, the Canadian Collateral Agent and the Canadian Lenders under this Agreement;
and (7) seventh, to the extent all amounts referred to in preceding clauses (1) through
(6), inclusive, have been paid in full, to pay (on a ratable basis) all other outstanding
obligations of the Canadian Borrowers then due and payable to the Canadian Administrative Agent,
the Canadian Collateral Agent and the Canadian Lenders under any of the other Loan Documents.

          (f) If, at any time after the occurrence and during the continuance of
an Event of Default or a Dominion Event as to which the U.S. Administrative
Agent has notified the

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Borrower, any cash or Cash Equivalents owned by any Loan Party (other than (i)
de minimis cash or Cash Equivalents from time to time inadvertently misapplied
by any Loan Party, and (ii) cash or Cash Equivalents that are (or are in any
account that is) excluded from the Collateral pursuant to any Security Document)
deposited to any account, or held or invested in any manner, otherwise than in a
Blocked Account subject to a Blocked Account Agreement (or a DDA which is swept
daily to such Blocked Account), the U.S. Administrative Agent or the Canadian
Administrative Agent, as the case may be, shall be entitled to require the
applicable Loan Party to close such account and have all funds therein
transferred to a Blocked Account, and to caused all future deposits to be made
to a Blocked Account.

          (g) The Loan Parties may close DDAs or Blocked Accounts and/or open
new DDAs or Blocked Accounts, subject to the contemporaneous execution and
delivery to the U.S. Administrative Agent or the Canadian Administrative Agent,
as the case may be, of a DDA Notification or Blocked Account Agreement
consistent with the provisions of paragraphs (c) and (d) of this subsection 4.16
and otherwise reasonably satisfactory to the U.S. Administrative Agent or the
Canadian Administrative Agent, as the case may be. Unless consented to in
writing by the U.S. Administrative Agent or the Canadian Administrative Agent,
as the case may be, the Loan Parties shall not enter into any agreements with
credit card processors other than the ones listed on Schedule 4.16(b) unless
contemporaneously therewith a Credit Card Notification is executed and a copy
thereof is delivered to the U.S. Administrative Agent or the Canadian
Administrative Agent, as the case may be.

          (h) (i) The DBNY Account shall at all times be under the sole dominion
and control of the U.S. Administrative Agent. Each Loan Party hereby
acknowledges and agrees that, except to the extent otherwise provided in the
U.S. Guarantee and Collateral Agreement (x) such Loan Party has no right of
withdrawal from the DBNY Account, (y) the funds on deposit in the DBNY Account
shall at all times continue to be collateral security for all of the obligations
of the Loan Parties (other than the Canadian Loan Parties) hereunder and under
the other Loan Documents, and (z) the funds on deposit in the DBNY Account shall
be applied as provided in this Agreement and the Intercreditor Agreement. In the
event that, notwithstanding the provisions of this subsection 4.16, any Loan
Party receives or otherwise has dominion and control of any proceeds or
collections required to be transferred to the DBNY Account pursuant to
subsection 4.16(d), such proceeds and collections shall be held in trust by such
Loan Party for the U.S. Administrative Agent, shall not be commingled with any
of such Loan Party’s other funds or deposited in any account of such Loan Party
and shall promptly be deposited into the DBNY Account or dealt with in such
other fashion as such Loan Party may be instructed by the U.S. Administrative
Agent.

          (ii) The DBCB Account shall at all times be under the sole dominion
and control of the Canadian Administrative Agent. Each Loan Party hereby
acknowledges and agrees that, except to the extent otherwise provided in the
Canadian Security Agreement (x) such Loan Party has no right of withdrawal from
the DBCB Account, (y) the funds on deposit in the DBCB Account shall at all
times continue to be collateral security for all of the obligations of the
Canadian Loan Parties hereunder and under the other Loan Documents, and (z) the
funds on deposit in the DBCB Account shall be applied as provided in this
Agreement. In the event that, notwithstanding the provisions of this subsection
4.16, any Loan Party receives or otherwise has dominion and control of any
proceeds or collections required to be transferred to the DBCB

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Account pursuant to subsection 4.16(d), such proceeds and collections shall be
held in trust by such Loan Party for the Canadian Administrative Agent, shall
not be commingled with any of such Loan Party’s other funds or deposited in any
account of such Loan Party and shall promptly be deposited into the DBCB Account
or dealt with in such other fashion as such Loan Party may be instructed by the
Canadian Administrative Agent.

          (i) So long as (i) no Event of Default has occurred and is continuing,
and (ii) no Dominion Event has occurred and is continuing, the Loan Parties may
direct, and shall have sole control over, the manner of disposition of funds in
the Blocked Accounts.

          (j) Any amounts held or received in the DBNY Account or the DBCB
Account (including all interest and other earnings with respect hereto, if any)
at any time (x) when all of the obligations hereunder and under the other Loan
Documents have been satisfied or (y) all Events of Default and Dominion Events
have been cured, shall (subject in the case of clause (x) to the provisions of
the Intercreditor Agreement), be remitted to the operating account of the
applicable Borrower.

          (k) Notwithstanding anything herein to the contrary, the Loan Parties
shall be deemed to be in compliance with the requirements set forth in this
subsection 4.16 during the initial forty-five (45) day period commencing on the
Closing Date to the extent that the arrangements described above are established
and effective not later than the date that is forty-five (45) days following the
Closing Date or such later date as the U.S. Administrative Agent, in its sole
discretion, may agree.

          Section 5. Representations and Warranties. To induce each Administrative Agent and each
Lender to make the Extensions of Credit requested to be made by it on the Closing Date and on each
Borrowing Date thereafter, each Credit Agreement Party, with respect to itself and its
Subsidiaries, hereby represents and warrants, on the Closing Date, in each case after giving effect
to the Transaction, and on every Borrowing Date thereafter to the U.S. Administrative Agent and
each Lender that:

          5.1 Financial Condition. (a) The audited consolidated balance sheets
of the Recapitalized Business (it being understood that the reporting entity is
RSC) as of December 31, 2004 and December 31, 2005 and the consolidated
statements of income, shareholders’ equity and cash flows of the Recapitalized
Business (it being understood that the reporting entity is RSC) for the fiscal
years ended as of December 31, 2003, December 31, 2004 and December 31, 2005,
reported on by and accompanied by unqualified reports from KPMG LLP, present
fairly, in all material respects, the consolidated financial condition as at
such date, and the consolidated results of operations and consolidated cash
flows for the respective fiscal years then ended, of the Recapitalized Business.
All such financial statements, including the related schedules and notes
thereto, have been prepared in accordance with GAAP consistently applied
throughout the periods covered thereby (except as approved by a Responsible
Officer and disclosed in any such schedules and notes). During the period from
December 31, 2005 to and including the Closing Date, except as provided in the
Recapitalization Agreement and in connection with the consummation of the
Transaction, there has been no sale, transfer or other disposition by the
Recapitalized Business of any material part of the business or property of the
Recapitalized Business, and no purchase or other acquisition by it of any
business or property (including any

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Capital Stock of any other Person) material in relation to the consolidated
financial condition of the Recapitalized Business which is not reflected in the
foregoing financial statements or in the notes thereto and has not otherwise
been disclosed in writing to the Lenders on or prior to the Closing Date.

          (b) The pro forma balance sheet and statements of operations of the
Recapitalized Business and its consolidated Subsidiaries, copies of which have
heretofore been furnished to each Lender, are the balance sheet and statements
of operations of the Recapitalized Business and its consolidated Subsidiaries as
of December 31, 2005, adjusted to give effect (as if such events had occurred on
such date for the purposes of the balance sheet and on January 1, 2005 for the
purposes of the statement of operations) to the consummation of the Transaction.

          5.2 No Change; Solvent. Since December 31, 2005, except as and to the
extent disclosed on Schedule 5.2, (a) there has been no development or event
relating to or affecting Holdings or any of its Subsidiaries which has had or
could be reasonably expected to have a Material Adverse Effect (after giving
effect to the consummation of the Transaction) and (b) except in connection with
the Transaction or as otherwise permitted under this Agreement and each other
Loan Document, no dividends or other distributions have been declared, paid or
made upon the Capital Stock of Holdings, nor has any of the Capital Stock of
Holdings been redeemed, retired, purchased or otherwise acquired for value by
Holdings or any of its Subsidiaries. As of the Closing Date, after giving effect
to the consummation of the Transaction, each Loan Party is Solvent.

          5.3 Corporate Existence. Each of the Loan Parties (a) is duly
organized, validly existing and in good standing under the laws of the
jurisdiction of its incorporation or formation, (b) has the corporate, limited
liability company or partnership power and authority, as the case may be, and
the legal right, to own and operate its property, to lease the property it
operates as lessee and to conduct the business in which it is currently engaged,
except to the extent that the failure to have such legal right could not be
reasonably expected to have a Material Adverse Effect and (c) is duly qualified
as a foreign corporation, limited liability company or partnership and in good
standing under the laws of each jurisdiction where its ownership, lease or
operation of property or the conduct of its business requires such
qualification, other than in such jurisdictions where the failure to be so
qualified and in good standing could not be reasonably expected to have a
Material Adverse Effect.

          5.4 Corporate Power; Authorization; Consents; Enforceable Obligations.
Each Loan Party has the corporate, limited liability company or partnership
power and authority, as the case may be, and the legal right, to make, deliver
and perform the Loan Documents to which it is a party and, in the case of each
of the Borrowers, to obtain Extensions of Credit hereunder, and each such Loan
Party has taken all necessary corporate, limited liability company or
partnership action, as the case may be, to authorize the execution, delivery and
performance of the Loan Documents to which it is a party and, in the case of
each of the Borrowers, to authorize the Extensions of Credit to it, if any, on
the terms and conditions of this Agreement, any Notes and the L/C Requests. No
consent or authorization of, filing with, notice to or other similar act by or
in respect of, any Governmental Authority or any other Person is required to be
obtained or made by or on behalf of any Loan Party in connection with the
execution, delivery, performance, validity or enforceability of the Loan
Documents to which it is a party or, in the case of each of

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the Borrowers, with the Extensions of Credit to it, if any, hereunder, except
for (a) consents, authorizations, notices and filings described in Schedule 5.4,
all of which have been obtained or made prior to the Closing Date, (b) filings
to perfect the Liens created by the Security Documents, (c) filings pursuant to
the Assignment of Claims Act of 1940, as amended (31 U.S.C. § 3727 et
seq.), in respect of accounts of Holdings and its Subsidiaries the Obligor in
respect of which is the United States of America or any department, agency or
instrumentality thereof, (d) filings pursuant to the Financial Administration
Act (Canada) in respect of Accounts of the Parent Borrower and its Subsidiaries
the Obligor in respect of which is Her Majesty the Queen in the right of Canada
or any department, agency or instrumentality thereof and (e) consents,
authorizations, notices and filings which the failure to obtain or make could
not reasonably be expected to have a Material Adverse Effect. This Agreement has
been duly executed and delivered by each Credit Agreement Party, and each other
Loan Document to which any Loan Party is a party will be duly executed and
delivered on behalf of such Loan Party. This Agreement constitutes a legal,
valid and binding obligation of each Credit Agreement Party and each other Loan
Document to which any Loan Party is a party when executed and delivered will
constitute a legal, valid and binding obligation of such Loan Party, in each
case enforceable against such Credit Agreement Party or such other Loan Party,
as the case may be, in accordance with its terms, except as enforceability may
be limited by applicable domestic or foreign bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of
creditors’ rights generally and by general equitable principles (whether
enforcement is sought by proceedings in equity or at law).

          5.5 No Legal Bar. The execution, delivery and performance of the Loan
Documents by any of the Loan Parties, the Extensions of Credit hereunder and the
use of the proceeds thereof (a) will not violate any Requirement of Law or
Contractual Obligation of such Loan Party in any respect that could reasonably
be expected to have a Material Adverse Effect and (b) will not result in, or
require, the creation or imposition of any Lien (other than the Liens permitted
by subsection 8.3) on any of its properties or revenues pursuant to any such
Requirement of Law or Contractual Obligation.

          5.6 No Material Litigation. No litigation, investigation or proceeding
of or before any arbitrator or Governmental Authority is pending or, to the
knowledge of the Parent Borrower, threatened by or against Holdings or any of
its Subsidiaries or against any of their respective properties or revenues, (a)
which is so pending or threatened at any time on or prior to the Closing Date
and relates to any of the Loan Documents or any of the transactions contemplated
hereby or thereby or (b) which could be reasonably expected to have a Material
Adverse Effect.

          5.7 No Default. Neither Holdings nor any of its Subsidiaries is in
default under or with respect to any of its Contractual Obligations in any
respect which could be reasonably expected to have a Material Adverse Effect. No
Default or Event of Default has occurred and is continuing.

          5.8 Ownership of Property; Liens. Each of Holdings and its
Subsidiaries has good title in fee simple to, or a valid leasehold interest in,
all its material real property, and good title to, or a valid leasehold interest
in, all its other material property, and none of such property

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is subject to any Lien, except for Liens permitted by subsection 8.3. Schedule
5.8 sets forth all material real properties owned in fee or leased by the Loan
Parties as of the Closing Date.

          5.9 Intellectual Property. The Parent Borrower and each of its
Subsidiaries owns, or has the legal right to use, all Intellectual Property
necessary for each of them to conduct its business as currently conducted except
for those the failure to own or have such legal right to use could not be
reasonably expected to have a Material Adverse Effect. Except as provided on
Schedule 5.9, no claim has been asserted and is pending by any Person
challenging or questioning the use of any such Intellectual Property or the
validity or effectiveness of any such Intellectual Property, nor does the Parent
Borrower know of any such claim, and, to the knowledge of the Parent Borrower,
the use of such Intellectual Property by the Parent Borrower and its
Subsidiaries does not infringe on the rights of any Person, except for such
claims and infringements which in the aggregate, could not be reasonably
expected to have a Material Adverse Effect.

          5.10 Compliance With Requirements of Law and Contractual Obligations.
Neither Holdings nor any of its Subsidiaries is in violation of any Requirement
of Law or Contractual Obligation of or applicable to Holdings or any of its
Subsidiaries, which violation could be reasonably expected to have a Material
Adverse Effect.

          5.11 Taxes. Holdings and its Subsidiaries have filed or caused to be
filed all United States federal income tax returns and all other material tax
returns which are required to be filed and has paid (a) all taxes shown to be
due and payable on such returns and (b) all taxes shown to be due and payable on
any assessments of which it has received notice made against it or any of its
property (including the Mortgaged Properties) and all other taxes, fees or other
charges imposed on it or any of its property by any Governmental Authority
(other than any (i) taxes, fees or other charges with respect to which the
failure to pay, in the aggregate, could not have a Material Adverse Effect or
(ii) taxes, fees or other charges the amount or validity of which are currently
being contested in good faith by appropriate proceedings diligently conducted
and with respect to which reserves in conformity with GAAP have been provided on
the books of Holdings or its Subsidiaries, as the case may be); and no tax Lien
has been filed, and no claim is being asserted, with respect to any such tax,
fee or other charge.

          5.12 Federal Regulations. No part of the proceeds of any Extensions of
Credit will be used for any purpose which violates the provisions of the
Regulations of the Board, including, without limitation, Regulation T,
Regulation U or Regulation X of the Board. If requested by any Lender or the
U.S. Administrative Agent, the Parent Borrower will furnish to the U.S.
Administrative Agent and each Lender a statement to the foregoing effect in
conformity with the requirements of FR Form G-3 or FR Form U-1, referred to in
said Regulation U.

          5.13 ERISA. (a) During the five year period prior to each date as of
which this representation is made, or deemed made, with respect to any Plan (or,
with respect to (f) or (h) below, as of the date such representation is made or
deemed made), none of the following events or conditions, either individually or
in the aggregate, has resulted or is reasonably likely to result in a Material
Adverse Effect: (a) a Reportable Event; (b) an “accumulated funding deficiency”
(within the meaning of Section 412 of the Code or Section 302 of ERISA); (c) any
noncompliance with the applicable provisions of ERISA or the Code; (d) a
termination of a

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Single Employer Plan (other than a standard termination pursuant to Section
4041(b) of ERISA); (e) a Lien on the property of Holdings, its Subsidiaries or
any Commonly Controlled Entity in favor of the PBGC or a Plan; (f) any
Underfunding with respect to any Single Employer Plan; (g) a complete or partial
withdrawal from any Multiemployer Plan by Holdings or any Commonly Controlled
Entity; (h) any liability of Holdings or any Commonly Controlled Entity under
ERISA if Holdings or any such Commonly Controlled Entity were to withdraw
completely from all Multiemployer Plans as of the annual valuation date most
closely preceding the date on which this representation is made or deemed made;
(i) the Reorganization or Insolvency of any Multiemployer Plan; or (j) any
transactions that resulted or could reasonably be expected to result in any
liability to Holdings or any Commonly Controlled Entity under Section 4069 of
ERISA or Section 4212(c) of ERISA.

          (b) With respect to any Foreign Plan, none of the following events or
conditions exists and is continuing that, either individually or in the
aggregate, could reasonably be expected to have a Material Adverse Effect: (a)
substantial non-compliance with its terms and with the requirements of any and
all applicable laws, statutes, rules, regulations and orders; (b) failure to be
maintained, where required, in good standing with applicable regulatory
authorities; (c) any obligation of Holdings or its Subsidiaries in connection
with the termination or partial termination of, or withdrawal from, any Foreign
Plan; (d) any Lien on the property of the Parent Borrower or its Subsidiaries in
favor of a Governmental Authority as a result of any action or inaction
regarding a Foreign Plan; (e) for each Foreign Plan which is a funded or insured
plan, failure to be funded or insured on an ongoing basis to the extent required
by applicable non-U.S. law (using actuarial methods and assumptions which are
consistent with the valuations last filed with the applicable Governmental
Authorities); (f) any facts that, to the best knowledge of the Parent Borrower
or any of its Subsidiaries, exist that would reasonably be expected to give rise
to a dispute and any pending or threatened disputes that, to the best knowledge
of the Parent Borrower or any of its Subsidiaries, would reasonably be expected
to result in a material liability to the Parent Borrower or any of its
Subsidiaries concerning the assets of any Foreign Plan (other than individual
claims for the payment of benefits); and (g) failure to make all contributions
in a timely manner to the extent required by applicable non-U.S. law.

          5.14 Collateral. (a) Upon execution and delivery thereof by the
parties thereto, the U.S. Guarantee and Collateral Agreement and the Mortgages
will be effective to create (to the extent described therein) in favor of the
U.S. Collateral Agent for the ratable benefit of the U.S. Secured Parties, a
legal, valid and enforceable security interest in the Collateral described
therein, except as may be limited by applicable domestic or foreign bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and other similar
laws relating to or affecting creditors’ rights generally, general equitable
principles (whether considered in a proceeding in equity or at law) and an
implied covenant of good faith and fair dealing. When (a) the actions specified
in Schedule 3 to the U.S. Guarantee and Collateral Agreement have been duly
taken, (b) all applicable Instruments, Chattel Paper and Documents (each as
described therein) a security interest in which is perfected by possession have
been delivered to, and/or are in the continued possession of, the U.S.
Collateral Agent, (c) all Deposit Accounts and Electronic Chattel Paper (each as
defined in the U.S. Guarantee and Collateral Agreement) a security interest in
which is required to be or is perfected by “control” (as described in the
Uniform Commercial Code as in effect in the State of New York from time to time)
are under the

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“control” of the U.S. Collateral Agent or the U.S. Administrative Agent, as
agent for the U.S. Collateral Agent and as directed by the U.S. Collateral
Agent, and (d) the Mortgages have been duly recorded, the security interests
granted pursuant thereto shall constitute (to the extent described therein) a
perfected security interest in, all right, title and interest of each pledgor or
mortgagor (as applicable) party thereto in the Collateral described therein
(excluding Commercial Tort Claims, as defined in the U.S. Guarantee and
Collateral Agreement, other than such Commercial Tort Claims set forth on
Schedule 7 thereto (if any)) with respect to such pledgor or mortgagor (as
applicable). Notwithstanding any other provision of this Agreement, capitalized
terms which are used in this subsection 5.14 and not defined in this Agreement
are so used as defined in the applicable Security Document.

          (b) Upon execution and delivery thereof by the parties thereto, the
Canadian Security Agreement will be effective to create (to the extent described
therein) in favor of the Canadian Collateral Agent, for the ratable benefit of
the Canadian Secured Parties, a legal, valid and enforceable security interest
in the Collateral described therein, except as may be limited by applicable
domestic or foreign bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium and other similar laws relating to or affecting
creditors’ rights generally, general equitable principles (whether considered in
a proceeding in equity or at law) and an implied covenant of good faith and fair
dealing. When the actions specified in Schedule 3 to the Canadian Security
Agreement have been duly taken the security interests granted pursuant thereto
shall constitute (to the extent described therein) a perfected security interest
in, all right, title and interest of each pledgor party thereto in the
Collateral described therein with respect to such pledgor.

          5.15 Investment Company Act; Other Regulations. No Credit Agreement
Party is an “investment company”, or a company “controlled” by an “investment
company”, within the meaning of the Investment Company Act. No Credit Agreement
Party is subject to regulation under any Federal or State statute or regulation
(other than Regulation X of the Board) which limits its ability to incur
Indebtedness as contemplated hereby.

          5.16 Subsidiaries. Schedule 5.16 sets forth all the Subsidiaries of
Holdings at the Closing Date (after giving effect to the Transaction), the
jurisdiction of their incorporation and the direct or indirect ownership
interest of Holdings therein.

          5.17 Purpose of Loans. The proceeds of the Initial Term Loans and RCF
Loans incurred on the Closing Date will be used by the Parent Borrower to
finance, in part, payments required in connection with the Recapitalization and
to pay the fees and expenses incurred in connection with the Transaction. The
proceeds of RCF Loans and Swing Line Loans incurred after the Closing Date shall
be used by the Borrowers to finance the working capital and business
requirements of, and for general corporate purposes of, the Parent Borrower and
its Subsidiaries.

          5.18 Environmental Matters. Other than as disclosed on Schedule 5.18
or exceptions to any of the following that could not, individually or in the
aggregate, reasonably be expected to give rise to a Material Adverse Effect:

     (a) The Parent Borrower and its Subsidiaries: (i) are, and within the
period of all applicable statutes of limitation have been, in compliance
with all applicable

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Environmental Laws; (ii) hold all Environmental Permits (each of which is
in full force and effect) required for any of their current operations or
for any property owned, leased, or otherwise operated by any of them and
reasonably expect to timely obtain without material expense all such
Environmental Permits required for planned operations; (iii) are, and
within the period of all applicable statutes of limitation have been, in
compliance with all of their Environmental Permits; and (iv) believe they
will be able to maintain compliance with Environmental Laws, including any
reasonably foreseeable future requirements thereto.

     (b) Materials of Environmental Concern have not been transported,
disposed of, emitted, discharged, or otherwise released or threatened to be
released, to or at any real property presently or formerly owned, leased or
operated by the Parent Borrower or any of its Subsidiaries or at any other
location, which would reasonably be expected to (i) give rise to liability
or other Environmental Costs of the Parent Borrower or any of its
Subsidiaries under any applicable Environmental Law, or (ii) interfere with
the Parent Borrower’s planned or continued operations of the Parent
Borrower or any of its Subsidiaries, or (iii) impair the fair saleable
value of any real property owned by the Parent Borrower or any of its
Subsidiaries that is part of the Collateral.

     (c) There is no judicial, administrative, or arbitral proceeding
(including any notice of violation or alleged violation) under any
Environmental Law to which the Parent Borrower or any of its Subsidiaries
is, or to the knowledge of the Parent Borrower or any of its Subsidiaries
is reasonably likely to be, named as a party that is pending or, to the
knowledge of the Parent Borrower or any of its Subsidiaries, threatened.

     (d) Neither the Parent Borrower nor any of its Subsidiaries has
received any written request for information, or been notified that it is a
potentially responsible party, under CERCLA or any similar Environmental
Law, or received any other written request for information from any
Governmental Authority with respect to any Materials of Environmental
Concern.

     (e) Neither the Parent Borrower nor any of its Subsidiaries has
entered into or agreed to any consent decree, order, or settlement or other
agreement, nor is subject to any judgment, decree, or order or other
agreement, in any judicial, administrative, arbitral, or other forum,
relating to compliance with or liability under any Environmental Law.

          5.19 True and Correct Disclosure. The written information (including
the Confidential Information Memorandum, reports, financial statements, exhibits
and schedules but excluding information of a general economic or industry
nature) furnished by or on behalf of any Credit Agreement Party to any
Administrative Agent, any Collateral Agent, the Lead Arrangers and the Lenders
for purposes of or in connection with this Agreement, the other Loan Documents
or any transaction contemplated herein or therein is, and all other such written
information (taken as a whole) hereafter furnished by or on behalf of any Credit
Agreement Party in writing to any Administrative Agent, any Collateral Agent or
any Lender will be, true and accurate in all material respects on the date as of
which such information is dated or certified and does not and will not omit to
state any fact necessary to make such information (taken as a whole) not

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materially misleading in their presentation of Holdings and its Subsidiaries
(taken as a whole) at such time in light of the circumstances under which such
information was provided. It is understood that (a) no representation or
warranty is made concerning the forecasts, estimates, pro forma information,
projections and statements as to anticipated future performance or conditions,
and the assumptions on which they were based, contained in any such information,
reports, financial statements, exhibits or schedules, except that as of the date
such forecasts, estimates, pro forma information, projections and statements
were generated, (i) such forecasts, estimates, pro forma information,
projections and statements were based on the good faith assumptions of the
management of Holdings and its Subsidiaries and (ii) such assumptions were
believed by such management to be reasonable and (b) such forecasts, estimates,
pro forma information and statements, and the assumptions on which they were
based, may or may not prove to be correct.

          5.20 Delivery of the Recapitalization Agreement. The Parent Borrower
has delivered to the U.S. Administrative Agent a complete photocopy of the
Recapitalization Agreement (including all exhibits, schedules, disclosure
letters referred to therein or delivered pursuant thereto, if any) and all
amendments thereto, waivers relating thereto and other side letters or
agreements affecting the terms thereof in any material respect.

          5.21 Certain Representations and Warranties Contained in the Recapitalization Agreement.
Each of the Transaction Documents to be entered into
by any Loan Party on or prior to the Closing Date will have been duly executed
and delivered by each of the Loan Parties which is a party thereto on or prior
to the Closing Date and, to the knowledge of the Credit Agreement Parties, all
other parties thereto on or prior to the Closing Date, and is in full force and
effect on the Closing Date, in each case to the extent required pursuant to the
terms of the relevant Transaction Documents. As of the Closing Date, the
representations and warranties of the Recapitalized Business and, to the
knowledge of Holdings, any of the other parties thereto contained in the
Recapitalization Agreement (after giving effect to any amendments, supplements,
waivers or other modifications of the Recapitalization Agreement prior to the
Closing Date in accordance with this Agreement), to the extent a breach of such
representation or warranty would result in either Sponsor or any of its
Affiliates having a right to terminate its obligations thereunder (without
giving effect to any notice required thereunder), are true and correct in all
material respects except as otherwise disclosed to the U.S. Administrative Agent
in writing prior to the Closing Date.

          5.22 Labor Matters. There are no strikes pending or, to the knowledge
of Holdings, reasonably expected to be commenced against Holdings or any of its
Subsidiaries which, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect. The hours worked and payments made
to employees of Holdings and each of its Subsidiaries have not been in violation
of any applicable laws, rules or regulations, except where such violations could
not reasonably be expected to have a Material Adverse Effect.

          5.23 Special Purpose Corporation. Holdings was formed to effect the
Transaction. Prior to the consummation of the Transaction, Holdings did not have
any significant assets or liabilities (except pursuant to the Transaction
Documents or otherwise relating to the Transaction).

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          5.24 Insurance. Schedule 5.24 sets forth a complete and correct
listing of all insurance that is maintained by the Loan Parties that is material
to the business and operations of Holdings and its Subsidiaries taken as a
whole, in each case as of the Closing Date, with the amounts insured (and any
deductibles) set forth therein.

          5.25 Eligible Accounts and Eligible Unbilled Accounts. As of the date
of any Borrowing Base Certificate, all Accounts included in the calculation of
Eligible Accounts and Eligible Unbilled Accounts on such Borrowing Base
Certificate satisfy all requirements of an “Eligible Account” and “Eligible Unbilled
Accounts”, respectively, hereunder.

          5.26 Eligible Rental Fleet. As of the date of any Borrowing Base
Certificate, all Rental Fleet included in the calculation of Eligible Rental
Fleet on such Borrowing Base Certificate satisfy all requirements of an
“Eligible Rental Fleet” hereunder.

          5.27 Eligible Inventory. As of the date of any Borrowing Base
Certificate, all Inventory included in the calculation of Eligible Inventory on
such Borrowing Base Certificate satisfy all requirements of an “Eligible 
Inventory” hereunder.

          5.28 Anti-Terrorism. As of the Closing Date, Holdings and its
Subsidiaries are in compliance with the Uniting and Strengthening of America by
Providing the Appropriate Tools Required to Intercept and Obstruct Terrorism Act
of 2001, except as could not reasonably be expected to have a Material Adverse
Effect.

          5.29 Capitalization. (a) On the Closing Date, RSC LLC I owns 100% of
the membership interests in Holdings. All such membership interests have been
duly and validly issued.

          (b) On the Closing Date, Holdings owns 100% of the membership
interests in the Parent Borrower. All such membership interests have been duly
and validly issued.

          (c) On the Closing Date, the authorized capital stock of RSC consists
of (x) 1,000 shares of common stock, without par value, that is outstanding and
(y) 100 shares of preferred stock, $10 par value, that is not outstanding. All
outstanding shares of Capital Stock of RSC have been duly and validly issued and
are fully paid and non-assessable (other than any assessment on the shareholders
of RSC that may be imposed as a matter of law) and are owned by the Parent
Borrower. RSC does not have outstanding any Capital Stock, or other securities,
in each case, convertible into or exchangeable for its Capital Stock or any
rights to subscribe for or to purchase, or any options for the purchase of, or
any agreement providing for the issuance (contingent or otherwise) of, or any
calls, commitments or claims of any character relating to, its Capital Stock.

          (d) On the Closing Date, the authorized Capital Stock of RSC Canada
consists of an unlimited number of common shares without par value, with 1,100
such common shares outstanding. All outstanding Capital Stock in RSC Canada has
been duly and validly issued and is fully paid and non-assessable (other than
any assessment on the shareholders of RSC Canada that may be imposed as a matter
of law) and is owned by RSC. RSC Canada does not have outstanding any Capital
Stock, or other securities convertible, in each case, into or exchangeable for
its Capital Stock or any rights to subscribe for or to purchase, or any options
for the purchase

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of, or any agreement providing for the issuance (contingent or otherwise) of, or
any calls, commitments or claims of any character relating to, its Capital
Stock.

          5.30 Rental Fleet; Business of the Credit Parties. (a) Each U.S. Loan
Party that owns Inventory holds such Inventory for sale or lease and is in the
business of selling goods of that kind.

          (b) Each Canadian Loan Party that owns Inventory (i) holds such
Inventory for sale or lease and is in the business of selling goods of that
kind.

          Section 6. Conditions Precedent.

          6.1 Conditions to Initial Extension of Credit. This Agreement,
including the agreement of each Lender to make the initial Extension of Credit
requested to be made by it, shall become effective on the date on which the
following conditions precedent shall have been satisfied:

     (a) Loan Documents. The U.S. Administrative Agent shall have received
the following Loan Documents, executed and delivered as required below,

with, in the case of clause (i), a copy for each Lender:

     (i) this Agreement, executed and delivered by a duly authorized
officer of each Credit Agreement Party;

     (ii) the U.S. Guarantee and Collateral Agreement, executed and
delivered by a duly authorized officer of each Credit Agreement Party
thereto;

     (iii) each Canadian Security Document, executed and delivered by a
duly authorized officer of each Canadian Borrower and each other Canadian
Loan Party; and

     (iv) the Intercreditor Agreement, executed and delivered by a duly
authorized officer of each Loan Party party thereto.

     (b) Recapitalization Agreement. The Recapitalization shall have been
consummated, or substantially concurrently with the initial Extensions of
Credit hereunder and the borrowings under the Second-Lien Credit Agreement
shall be consummated, substantially in accordance with the Recapitalization
Agreement and all material conditions precedent to the consummation of the
Recapitalization set forth in such Recapitalization Agreement shall have
been satisfied or waived with the consent of the Lead Arrangers (such
consent not to be unreasonably withheld or delayed). The Recapitalization
Agreement, the structure and terms of the Recapitalization (including the
Seller Note) and the documentation for each component of the
Recapitalization shall be reasonably satisfactory in all material respects
in form and substance to the Lead Arrangers, and such documentation shall
not have been amended, supplemented or otherwise changed in a manner
materially adverse to the Lenders without the consent of the Lead Arrangers
(such consent not to be unreasonably withheld or delayed). It is expressly
acknowledged by the Lead Arrangers that (i) the terms and conditions of the
Recapitalization Agreement (and all exhibits, annexes and schedules
thereto), dated as of

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October 6, 2006 and (ii) the structure and terms of the Recapitalization
specified therein, are so satisfactory.

     (c) Debt Financing. (i) The U.S. Administrative Agent shall receive,
substantially concurrently with the satisfaction of the other conditions
precedent set forth in this subsection 6.1, evidence, in form and substance
reasonably satisfactory to it, that the Parent Borrower and RSC shall have
received gross cash proceeds (calculated before underwriting fees) of
$620,000,000 from the issuance of a like principal amount of Senior Notes
in accordance with the terms and conditions of the Senior Note Indenture
and all applicable laws.

          (ii) The U.S. Administrative Agent shall receive, substantially
concurrently with the satisfaction of the other conditions precedent set forth
in this subsection 6.1, evidence, in form and substance reasonably satisfactory
to it, that Holdings, the Parent Borrower and RSC shall have (i) executed and
delivered the Second-Lien Term Loan Credit Agreement and (ii) the Parent
Borrower and RSC shall have received gross cash proceeds in an aggregate
principal amount equal to $1,130,000,000 from the incurrence of Second-Lien Term
Loans pursuant to the Second-Lien Term Loan Credit Agreement.

          (iii) On the Closing Date, the U.S. Administrative Agent shall have
received true and correct copies of the Senior Note Documents, certified as such
by an appropriate officer of the Parent Borrower.

          (d) Outstanding Indebtedness and Preferred Equity; No Defaults. After
giving effect to the consummation of the Transaction, Holdings and its
Subsidiaries shall have no outstanding preferred equity or Indebtedness held by
third parties (other than Holdings or any of its Subsidiaries), except for
indebtedness incurred pursuant to the Debt Financing and any Assumed
Indebtedness, and all Capital Stock of the Parent Borrower shall be directly or
indirectly owned by Holdings free and clear of Liens (other than those securing
the obligations arising under the Loan Documents and the Second-Lien Term Loan
Documents). Any other existing Indebtedness shall have been repaid, defeased or
otherwise discharged substantially concurrently with or prior to the
satisfaction of the other conditions precedent set forth in this

 subsection 6.1.

          (e) Financial Information. The Lead Arrangers and the Lenders shall
have received (i) audited consolidated financial statements of the Recapitalized
Business (with RSC as the reporting entity) for the three Fiscal Years (two
Fiscal Years, in the case of balance sheets) of the Recapitalized Business ended
prior to the Closing Date, (ii) unaudited consolidated financial statements of
ACNA for the quarterly periods ended March 31, 2006 and June 30, 2006, and
unaudited consolidated financial statements of the Recapitalized Business (with
RSC as the reporting entity) for the quarterly period ended September 30, 2006,
(iii) a pro forma consolidated balance sheet of the Recapitalized Business as of
the date of the most recent consolidated balance sheet delivered pursuant to
preceding clause (ii) and a pro forma statement of operations for the most
recent Fiscal Year, interim period and 12-month period ending on the last day of
such interim period, in each case adjusted to give effect to the Transaction,
and any other transactions that would be required to be given pro forma effect
by Regulation S-X for a Form S-1 Registration Statement under the Securities
Act, and such other adjustments as may be

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reasonably agreed between the Parent Borrower and the Lead Arrangers, which pro
forma financial statements shall demonstrate, in reasonable detail, that the
total consolidated indebtedness of the Recapitalized Business and its
subsidiaries consisting of indebtedness for borrowed money (including purchase
money indebtedness) and capital leases (determined on a pro forma basis after
giving effect to the Transaction) does not exceed 4.40 multiplied by EBITDA of
the Recapitalized Business (calculated subject to the Closing Date adjustments
set forth on Schedule 6.1(e) hereto) for the twelve-month period ending on the
last day of the fiscal quarter ending no more than 45 days prior to the Closing
Date, (iv) interim financial statements of the Recapitalized Business (with RSC
as the reporting entity) for each month ended after the date of the last
available quarterly financial statements and at least 30 days prior to the
Closing Date and (v) detailed projected consolidated financial statements of the
Recapitalized Business for the five Fiscal Years ending after the Closing Date,
which projections shall (x) reflect the forecasted consolidated financial
condition of the Parent Borrower and its Subsidiaries after giving effect to the
Transaction and the related financing thereof, and (y) be prepared and approved
by the Parent Borrower.

          (f) Governmental Approvals and/or Consents. The applicable waiting
periods specified under Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended, with respect to the transactions contemplated by the Recapitalization
Agreement shall have lapsed or been terminated and all other consents or
approvals under the Competition Act (Canada) from the Canadian Bureau of
Competition, any of the antitrust or competition governmental authorities of any
other jurisdiction in which the Recapitalized Business, Holdings or any of its
Subsidiaries owns a material amount of assets, and all other consents and
approvals from any other Governmental Authority required to consummate the
transactions contemplated by the Recapitalization Agreement, the failure of
which to obtain could have a material adverse effect on the business, condition
(financial or otherwise) or results of operations of Holdings and its
Subsidiaries, taken as a whole, shall have been obtained. On the Closing Date,
there shall be no injunction, restraining order or decree of any nature of any
Governmental Authority that is in effect that restrains or prohibits the
consummation of the transactions contemplated by the Recapitalization Agreement.
All Loans to the Borrowers (and all guarantees thereof and security therefor),
as well as the Recapitalization and the consummation thereof, shall be in
substantial compliance in all material respects with all applicable requirements
of law, including Regulations T, U and X of the Board (the “Margin 
Regulations”). The U.S. Administrative Agent shall have received a certificate
of a Responsible Officer of the Parent Borrower stating that all other consents,
authorizations, notices and filings referred to in Schedule 5.4 are in full
force and effect or have the status described therein, and the U.S.
Administrative Agent shall have received evidence thereof reasonably
satisfactory to it.

          (g) Lien Searches. The U.S. Administrative Agent shall have received
the results of a recent search by a Person reasonably satisfactory to the U.S.
Administrative Agent, of the UCC, PPSA, judgment and tax lien filings which have
been filed with respect to personal property of the Recapitalized Business,
Holdings, the Parent Borrower and their respective Subsidiaries in any of the
jurisdictions set forth in Schedule 6.1(g), and the results of such search shall
not reveal any Liens other than Liens permitted by subsection 8.3.

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          (h) Legal Opinions. The U.S. Administrative Agent shall have received
the following executed legal opinions:

     (i) the executed legal opinion of Debevoise & Plimpton LLP, special
New York counsel to each Credit Agreement Party and the other Loan Parties,
in form and substance reasonably satisfactory to the U.S. Administrative
Agent;

     (ii) the executed legal opinion of Snell & Wilmer LLP, special Arizona
counsel to RSC, in form and substance reasonably satisfactory to the U.S.
Administrative Agent;

     (iii) the executed legal opinion of Richards, Layton & Finger, P.A.,
special Delaware counsel to Holdings and the Parent Borrower, in form and
substance reasonably satisfactory to the U.S. Administrative Agent; and

     (iv) the executed legal opinion of Torys LLP, counsel to the Canadian
Borrowers, in form and substance reasonably satisfactory to the U.S.
Administrative Agent.

          (i) Closing Certificate. The U.S. Administrative Agent shall have
received a certificate from each Loan Party, dated the Closing Date,
substantially in the form of Exhibit H, with appropriate insertions and
attachments.

          (j) Perfected Liens. (i) The U.S. Collateral Agent shall have obtained
a valid first priority security interest in the Collateral covered by the U.S.
Guarantee and Collateral Agreement (to the extent provided therein); and all
documents, instruments, filings, recordations and searches reasonably necessary
in connection with the perfection and, in the case of the filings with the U.S.
Patent and Trademark Office and the U.S. Copyright Office, protection of such
security interests shall have been executed and delivered (in the case of UCC
filings, written authorization to make such UCC filings shall have been
delivered to the U.S. Collateral Agent) and none of such Collateral shall be
subject to any other pledges, security interests or mortgages except for
Permitted Liens; provided that with respect to any such Collateral the security
interest in which may not be perfected by filing of a UCC financing statement or
by making a filing with the U.S. Patent and Trademark Office or the U.S.
Copyright Office, if perfection of the U.S. Collateral Agent’s security interest
in such Collateral may not be accomplished on or before the Closing Date without
undue burden or expense after the Parent Borrower’s use of commercially
reasonable efforts to do so, then delivery of documents and instruments for
perfection of such security interest shall not constitute a condition precedent
to the initial borrowings hereunder, but instead shall be required to be
satisfied on or prior to the 60th day following the Closing Date or, with
respect to (i) the requirements set forth in subsection 4.16, the 45th day
following the Closing Date and (ii) Rental Equipment represented by a
certificate of title, the 120th day following the Closing Date.

          (ii) The Canadian Collateral Agent shall have obtained a valid
security interest in the Collateral covered by each Canadian Security Agreement
(with the priority contemplated therein); and all documents, instruments,
filings, recordations and searches reasonably necessary in connection with the
perfection and, in the case of the filings with the Canadian Intellectual

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Property Office, protection of such security interests shall have been executed
and delivered or, in the case of PPSA filings, written authorization to make
such PPSA filings shall have been delivered to the Canadian Collateral Agent,
and none of such Collateral shall be subject to any other pledges, security
interests or mortgages except for Permitted Liens; provided that with respect to
any such collateral the security interest in which may not be perfected by
filing of a PPSA financing statement or by making a filing with the Canadian
Intellectual Property Office, if perfection of the Canadian Collateral Agent’s
security interest in such collateral may not be accomplished on or before the
Closing Date without undue burden or expense after the Parent Borrower’s use of
commercially reasonable efforts to do so, then delivery of documents and
instruments for perfection of such security interest shall not constitute a
condition precedent to the initial borrowings hereunder but shall be required to
be satisfied on or prior to the 60th day following the Closing Date or, with
respect to the requirements set forth in subsection 4.16, the 45th date
following the Closing Date.

          (k) Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The
Collateral Agent shall have received (subject, in each case, to the provisos at
the end of subsections 6.1(j)(i) and (ii) above):

     (i) the certificates, if any, representing the Pledged Stock under
(and as defined in) the U.S. Guarantee and Collateral Agreement or any
Canadian Security Document, together with an undated stock power for each
such certificate executed in blank by a duly authorized officer of the
pledgor thereof; and

     (ii) the promissory notes representing each of the Pledged Notes under
(and as defined in) the U.S. Guarantee and Collateral Agreement or any
Canadian Security Document, duly endorsed as required by the U.S. Guarantee
and Collateral Agreement or such Canadian Security Documents, as the case
may be.

          (l) Fees. The Agents and the Lenders shall have received all fees and
expenses required to be paid or delivered by the Borrowers to them in respect of
the Transaction on or prior to the Closing Date, including the fees referred to
in subsection 4.5.

          (m) Borrowing Certificate. The U.S. Administrative Agent shall have
received a certificate from the Parent Borrower, dated the Closing Date,
substantially in the form of Exhibit I, with appropriate insertions and
attachments, reasonably satisfactory in form and substance to the U.S.
Administrative Agent, executed by a Responsible Officer and the Secretary or any
Assistant Secretary of the Parent Borrower.

          (n) Corporate Proceedings of the Loan Parties. The U.S. Administrative
Agent shall have received a copy of the board resolutions or member consents, in
form and substance reasonably satisfactory to the U.S. Administrative Agent, of
each Loan Party authorizing, as applicable, (i) the execution, delivery and
performance of this Agreement, any Notes and the other Loan Documents to which
it is or will be a party as of the Closing Date, (ii) the Extensions of Credit
to such Loan Party (if any) contemplated hereunder and (iii) the granting by it
of the Liens to be created pursuant to the Security Documents to which it will
be a party as of the Closing Date, certified by the Secretary or an Assistant
Secretary of such Loan Party as of the Closing Date, which certificate shall be
in form and substance reasonably

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satisfactory to the U.S. Administrative Agent and shall state that the board
resolutions or member consents thereby certified have not been amended, modified
(except as any later such board resolutions or member consents may modify any
earlier such board resolutions or member consents), revoked or rescinded and are
in full force and effect.

          (o) Incumbency Certificates of the Loan Parties. The U.S.
Administrative Agent shall have received a certificate of each Loan Party, dated
the Closing Date, as to the incumbency and signature of the officers of such
Loan Party executing any Loan Document, reasonably satisfactory in form and
substance to the U.S. Administrative Agent executed by a Responsible Officer and
the Secretary or any Assistant Secretary of such Loan Party.

          (p) Governing Documents. The U.S. Administrative Agent shall have
received copies of the certificate or articles of incorporation and by-laws (or
other similar governing documents serving the same purpose) of each Loan Party,
certified as of the Closing Date as complete and correct copies thereof by the
Secretary or an Assistant Secretary of such Loan Party, together with any
required director or shareholder consents or resolutions required in connection
with the pledge of shares of the Canadian Loan Parties to the Canadian
Administrative Agent.

          (q) Insurance. The U.S. Administrative Agent shall have received
evidence in form and substance reasonably satisfactory to it that all of the
requirements of subsection 7.5 of this Agreement and subsection 5.2.2 of the
Guarantee and Collateral Agreement and any similar section of any Canadian
Security Documents shall have been satisfied. Holdings shall have caused the
U.S. Administrative Agent and/or the Canadian Administrative Agent, as
applicable, to have been named as additional insureds with respect to liability
policies and the U.S. Collateral Agent and/or the Canadian Collateral Agent, as
applicable, to have been named as loss payee with respect to the casualty
insurance maintained by each Credit Agreement Party and the Subsidiary
Guarantors.

          (r) No Material Company Adverse Effect. No fact, event, change or
circumstances shall have occurred since December 31, 2005 that has had or could
be reasonably likely to have a Company Material Adverse Effect.

          (s) Solvency. The U.S. Administrative Agent shall have received a
certificate of the chief financial officer or, if none, the treasurer,
controller, vice president (finance) or other responsible financial officer
reasonably satisfactory to the U.S. Administrative Agent of each of the
Borrowers certifying the solvency of such Borrower in customary form (as per the
applicable jurisdiction of such Borrower) reasonably satisfactory to the Lead
Arrangers.

          (t) Excess Availability. The U.S. Administrative Agent shall have
received a Borrowing Base Certificate which shall demonstrate, inter alia, that
after giving effect to the Borrowings hereunder on the Closing Date, the
Available RCF Commitments shall be at least $350,000,000.

          (u) Cash Management. The Lead Arrangers shall be reasonably satisfied
with the arrangements made by the Parent Borrower to comply with the provisions
set forth in subsection 4.16 hereof.

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          (v) Appraisal. The U.S. Administrative Agent shall have received (i)
appraisal valuations (dated on or after September 30, 2006 but prior to the
Closing Date) of the Collateral of Borrowers prepared by appraisers reasonably
satisfactory to the Lead Arrangers, in form and substance reasonably
satisfactory to the Lead Arrangers and prepared by appraisers reasonably
satisfactory to the Lead Arrangers and (ii) the results of a completed field
examination with respect to the Collateral to be included in calculating the
U.S. Borrowing Base and Canadian Borrowing Base and of the relevant accounting
systems, policies and procedures of Holdings and its Subsidiaries.

          (w) Equity Financing. ACNA shall have received the Equity Financing in
an amount of not less than $500,000,000 in exchange for common stock of ACNA
that will, after giving effect to the transactions contemplated by the
Recapitalization Agreement, represent approximately 85.47% of the total
outstanding shares of ACNA stock. In addition, after giving effect to such
transactions, the Sellers shall own approximately 14.53% of the total
outstanding shares of ACNA stock.

          The making of the initial Extensions of Credit by the Lenders
hereunder shall conclusively be deemed to constitute an acknowledgment by the
U.S. Administrative Agent and each Lender that each of the conditions precedent
set forth in this subsection 6.1 shall have been satisfied in accordance with
its respective terms or shall have been irrevocably waived by such Person.

          6.2 Conditions to Each Extension of Credit. The agreement of each
Lender to make any Extension of Credit requested to be made by it on any date
(including the initial Extension of Credit and each Swing Line Loan) is subject
to the satisfaction or waiver of the following conditions precedent:

     (a) Representations and Warranties. Each of the representations and
warranties made by any Loan Party pursuant to this Agreement or any other
Loan Document (or in any amendment, modification or supplement hereto or
thereto) to which it is a party (other than, in the case of the initial
Extension of Credit hereunder only, the representation and warranty set
forth in clause (a) of subsection 5.2), and each of the representations and
warranties contained in any certificate furnished at any time by or on
behalf of any Loan Party pursuant to this Agreement or any other Loan
Document shall, except to the extent that they relate to a particular date,
be true and correct in all material respects on and as of such date as if
made on and as of such date.

     (b) No Default. No Default or Event of Default shall have occurred and
be continuing on such date or after giving effect to the Extensions of
Credit requested to be made on such date; provided that, with respect to
the initial Extension of Credit hereunder, no Default or Event of Default
resulting from the failure to provide any collateral of the type described
in the proviso at the end of subsections 6.1(j)(i) or (ii) above shall
constitute a Default or an Event of Default for the purposes of this clause
(b).

     (c) Borrowing Notice or L/C Request. With respect to any Borrowing,
the U.S. Administrative Agent or Canadian Administrative Agent, as
applicable, shall have

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received a notice of such Borrowing as required by subsection 2.3. With
respect to the issuance of any Letter of Credit, the Issuing Lender shall
have received a L/C Request, completed to its satisfaction, and such other
certificates, documents and other papers and information as the Issuing
Lender may reasonably request.

          Each borrowing of Loans by and each Letter of Credit issued on behalf
of any of the Borrowers hereunder shall constitute a representation and warranty
by the Parent Borrower as of the date of such borrowing or such issuance that
the conditions contained in this subsection 6.2 have been satisfied (including,
to the extent provided herein, with respect to the initial Extension of Credit
hereunder).

          Section 7. Affirmative Covenants. Each Credit Agreement Party hereby
agrees that, from and after the Closing Date and so long as the Commitments
remain in effect, and thereafter until payment in full of the Loans, all
Reimbursement Obligations and any other amount then due and owing to any Lender
or any Agent hereunder and under any Note and termination or expiration of all
Letters of Credit (or the cash collateralization of or other provision for such
Letters of Credit, in each case, in a manner reasonably satisfactory to the
relevant Issuing Lender), it shall and shall cause its Subsidiaries to (it being
understood that with respect to the delivery of financial information, reports
and notices, delivery by one Credit Party of any such financial information,
report or notice shall constitute delivery by each Credit Party and its
Subsidiaries of the same such financial information, report or notice):

          7.1 Financial Statements. Furnish to the U.S. Administrative Agent for
prompt delivery to each Lender (and the U.S. Administrative Agent agrees to make
and so deliver such copies or otherwise make available such information):

     (a) as soon as available, but in any event not later than the fifth
Business Day after the 90th day following the end of each Fiscal Year of
the Parent Borrower ending on or after December 31, 2006, a copy of the
audited consolidated balance sheet of the Parent Borrower and its
consolidated Subsidiaries as at the end of such year and the related
audited consolidated statements of operations, changes in common
stockholders’ equity and cash flows for such year, setting forth in each
case, in comparative form the figures for and as of the end of the previous
year, certified without a “going concern” or like qualification or
exception, or qualification arising out of the scope of the audit, by KPMG
LLP or other independent certified public accountants of nationally
recognized standing reasonably acceptable to the U.S. Administrative Agent
in its reasonable judgment (it being agreed that the furnishing of the
Parent Borrower’s or RSC’s, as applicable, annual report on Form 10-K for
such year, as filed with the Securities and Exchange Commission within the
period provided above for delivery of financial statements, will satisfy
the Parent Borrower’s obligation under this subsection 7.1(a) with respect
to such year except with respect to the requirement that such financial
statements be reported on without a “going concern” or like qualification

or exception, or qualification arising out of the scope of the audit);

     (b) as soon as available, but in any event not later than the fifth
Business Day after the 45th day following the end of each of the first
three quarterly periods of each Fiscal Year of the Parent Borrower, the
unaudited consolidated balance sheet of the

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Parent Borrower and its consolidated Subsidiaries as at the end of such
quarter and the related unaudited consolidated statements of operations and
cash flows of the Parent Borrower and its consolidated Subsidiaries for
such quarter and the portion of the Fiscal Year through the end of such
quarter, setting forth in each case, in comparative form the figures for
and as of the corresponding periods of the previous year, certified by a
Responsible Officer of the Parent Borrower as being fairly stated in all
material respects (subject to normal year-end audit and other adjustments)
(it being agreed that the furnishing of the Parent Borrower’s or RSC’s, as
applicable, quarterly report on Form 10-Q for such quarter, as filed with
the Securities and Exchange Commission within the period provided above for
delivery of financial statements, will satisfy the Parent Borrower’s
obligations under this subsection 7.1(b) with respect to such quarter);

     (c) as soon as available, but in any event not later than the fifth
Business Day after the 30th day following the end of each month, the
unaudited consolidated balance sheet of the Parent Borrower and its
consolidated Subsidiaries as at the end of such month (other than any month
that is the last month of a fiscal quarter) and the related unaudited
income statement of the Parent Borrower and its consolidated Subsidiaries
for such month, setting forth in each case, in comparative form the figures
for and as of the end of the corresponding month during the previous year;
and

     (d) all such financial statements delivered pursuant to subsection
7.1(a) or (b) to be (and, in the case of any financial statements delivered
pursuant to subsection 7.1(b) shall be certified by a Responsible Officer
of the Parent Borrower as being) complete and correct in all material
respects in conformity with GAAP and to be (and, in the case of any
financial statements delivered pursuant to subsection 7.1(b) shall be
certified by a Responsible Officer of the Parent Borrower as being)
prepared in reasonable detail in accordance with GAAP applied consistently
throughout the periods reflected therein and with prior periods that began
on or after the Closing Date (except as approved by such accountants or
officer, as the case may be, and disclosed therein, and except, in the case
of any financial statements delivered pursuant to subsection 7.1(b), for
the absence of certain notes).

          7.2 Certificates; Other Information. Furnish to the U.S.
Administrative Agent for delivery to each Lender (and the U.S. Administrative
Agent agrees to make and so deliver such copies or otherwise make available such
information):

     (a) concurrently with the delivery of the financial statements
referred to in subsection 7.1(a), a certificate of the independent
certified public accountants reporting on such financial statements stating
that in making the audit necessary therefor no knowledge was obtained of
any Default or Event of Default arising from a non-compliance with the
provisions of subsection 8.1, except as specified in such certificate
(which certificate may be limited to the extent required by accounting
rules or guidelines);

     (b) concurrently with the delivery of the financial statements and
reports referred to in subsections 7.1(a) and (b), a certificate signed by
a Responsible Officer of each Credit Agreement Party (i) stating that, to
the best of such Responsible Officer’s

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knowledge, each Credit Agreement Party and their respective Subsidiaries
during such period has observed or performed all of its covenants and other
agreements, and satisfied every condition, contained in this Agreement or
the other Loan Documents to which it is a party to be observed, performed
or satisfied by it, and that such Responsible Officer has obtained no
knowledge of any Default or Event of Default, except, in each case, as
specified in such certificate, and (ii) setting forth the calculations
required to determine compliance with all covenants set forth in subsection
8.1 (or if such compliance with such covenants is not at the time required,
setting forth the calculations required to determine the Consolidated
Leverage Ratio for the purposes of determining the Applicable Margin for
RCF Loans);

     (c) as soon as available, but in any event not later than the fifth
Business Day following the 90th day after the beginning of each Fiscal Year
of the Parent Borrower thereafter, a copy of the annual business plan by
the Parent Borrower of the projected operating budget (including
consolidated balance sheets, income statements and statements of cash flows
of the Parent Borrower and its Subsidiaries on an annual and, for the first
year covered in such budget, quarterly basis) of the Parent Borrower, such
practices subject to such adjustments as are reasonable in the good faith
determination of the Parent Borrower, each such business plan to be
accompanied by a certificate of a Responsible Officer of the Parent
Borrower to the effect that such Responsible Officer believes such
projections to have been prepared on the basis of reasonable assumptions at
the time of preparation and delivery thereof;

     (d) within five Business Days after the same are sent, copies of all
financial statements and reports which any Credit Agreement Party sends to
its public security holders, and within five Business Days after the same
are filed, copies of all financial statements and periodic reports which
any Credit Agreement Party may file with the Securities and Exchange
Commission or any successor or analogous Governmental Authority;

     (e) within five Business Days after the same are filed, copies of all
registration statements and any amendments and exhibits thereto, which
Credit Agreement Party may file with the Securities and Exchange Commission
or any successor or analogous Governmental Authority, and such other
documents or instruments as may be reasonably requested by the U.S.
Administrative Agent in connection therewith;

     (f) not later than 5:00 P.M. (New York time) on or before the tenth
Business Day of each Fiscal Period of the Parent Borrower and its
Subsidiaries (or (i) more frequently as the Parent Borrower may elect, (ii)
upon the occurrence and continuance of an Event of Default, not later than
Wednesday of each week (or, if Wednesday is not a Business Day, on the next
succeeding Business Day) or (iii) at any time the Available RCF Commitments
are less than $100,000,000, on a bi-weekly basis), a borrowing base
certificate setting forth the U.S. Borrowing Base, the Canadian Borrowing
Base and the Total Borrowing Base (in each case with supporting
calculations) substantially in the form of Exhibit J (each, a “Borrowing
 Base Certificate”), which shall be prepared as of the last Business Day of
the immediately preceding Fiscal Period of the Parent Borrower

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and its Subsidiaries (or (x) such other applicable date in the case of
clause (i) and (iii) above or (y) the previous Friday in the case of clause
(ii) above) in the case of each subsequent Borrowing Base Certificate. Each
such Borrowing Base Certificate shall include such supporting information
as may be reasonably requested from time to time by the U.S. Administrative
Agent;

     (g) at any time when the Parent Borrower has designated a Subsidiary
an Immaterial Subsidiary, promptly following any request made by the U.S.
Administrative Agent, but in any event (i) not later than the fifth
Business Day following any such request, any such financial information as
the U.S. Administrative Agent may reasonably request to assure itself that
any such Immaterial Subsidiary complies with the requirements set forth in
the defined term “Immaterial Subsidiaries” in subsection 1.1 hereof, which
financial information shall be certified by a Responsible Officer of the
Parent Borrower as being complete and correct in all material respects; and

     (h) promptly, such additional financial and other information as any
Agent or Lender may from time to time reasonably request.

          7.3 Payment of Obligations. Pay, discharge or otherwise satisfy at or
before maturity or before they become delinquent, as the case may be, all its
obligations of whatever nature, including taxes, except (x) where the amount or
validity thereof is currently being contested in good faith by appropriate
proceedings diligently conducted and reserves in conformity with GAAP with
respect thereto have been provided on the books of Holdings or any of its
Subsidiaries, as the case may be and (y) to the extent such failure to pay,
discharge or otherwise satisfy the same could not reasonably be expected to have
a Material Adverse Effect.

          7.4 Conduct of Business and Maintenance of Existence. Continue to
engage in business of the same general type as conducted by Holdings and its
Subsidiaries on the Closing Date, taken as a whole, and preserve, renew and keep
in full force and effect its corporate, limited liability company or partnership
(as the case may be) existence and take all reasonable action to maintain all
rights, privileges and franchises necessary or desirable in the normal conduct
of the business of Holdings and its Subsidiaries, taken as a whole, except as
otherwise expressly permitted pursuant to subsection 8.5, provided that Holdings
and its Subsidiaries shall not be required to maintain any such rights,
privileges or franchises, if the failure to do so could not reasonably be
expected to have a Material Adverse Effect; and comply with all Contractual
Obligations and Requirements of Law except to the extent that failure to comply
therewith, in the aggregate, could not reasonably be expected to have a Material
Adverse Effect.

          7.5 Maintenance of Property; Insurance. (a) Keep all property useful
and necessary in the business of Holdings and its Subsidiaries, taken as a
whole, in good working order and condition; maintain with financially sound and
reputable insurance companies insurance on all property material to the business
of Holdings and its Subsidiaries, taken as a whole, in at least such amounts and
against at least such risks (but including in any event public liability,
product liability and business interruption) as are usually insured against in
the same general area by companies of similar size engaged in the same or a
similar business; furnish to the U.S. Administrative Agent, upon written
request, information in reasonable detail as to the

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insurance carried; and ensure that at all times the U.S. Administrative Agent
and/or the Canadian Administrative Agent, as applicable, shall be named as
additional insureds with respect to liability policies and the U.S. Collateral
Agent and/or the Canadian U.S. Collateral Agent, as applicable, shall be named
as loss payee with respect to the casualty insurance maintained by each Borrower
and Subsidiary Guarantor; provided that, unless an Event of Default or a
Dominion Event shall have occurred and be continuing, (i) each Collateral Agent
shall turn over to the Parent Borrower any amounts received by it as loss payee
under any casualty insurance maintained by Holdings or its Subsidiaries, the
disposition of such amounts to be subject to the provisions of subsection
4.4(b), and (ii) the Parent Borrower and/or the applicable Subsidiary Guarantor
shall have the sole right to adjust or settle any claims under such insurance.

          (b) With respect to each property of the Parent Borrower and its
Subsidiaries subject to a Mortgage:

     (i) If any portion of any such property is located in an area
identified as a special flood hazard area by the Federal Emergency
Management Agency or other applicable agency, the Parent Borrower shall
maintain or cause to be maintained, flood insurance to the extent required
by law.

     (ii) The Parent Borrower and each of its applicable Subsidiaries
promptly shall comply with and conform to (i) all provisions of each
insurance policy relating to each such property, and (ii) all requirements
of the insurers applicable to such party or to such property or to the use,
manner of use, occupancy, possession, operation, maintenance, alteration or
repair of such property, except for such non-compliance or non-conformity
as could not, individually or in the aggregate, reasonably be expected to
have a Material Adverse Effect. The Parent Borrower shall not use or permit
the use of such property in any manner which would reasonably be expected
to result in the cancellation of any insurance policy relating to such
property or would reasonably be expected to void coverage required to be
maintained with respect to such property pursuant to clause (a) of this
subsection 7.5.

     (iii) If the Parent Borrower is in default of its obligations to
insure or deliver any such prepaid policy or policies, the result of which
could reasonably be expected to have a Material Adverse Effect, then the
U.S. Administrative Agent, at its option upon 10 days’ written notice to
the Parent Borrower, may effect such insurance from year to year at rates
substantially similar to the rate at which the Parent Borrower or any
Subsidiary had insured such property, and pay the premium or premiums
therefore, and the Parent Borrower shall pay to the U.S. Administrative
Agent on demand such premium or premiums so paid by the U.S. Administrative
Agent with interest from the time of payment at a rate per annum equal to
2.00%.

     (iv) If such property, or any part thereof, shall be destroyed or
damaged and the reasonably estimated cost thereof would exceed $2,000,000,
the Parent Borrower shall give prompt notice thereof to the U.S.
Administrative Agent. All insurance proceeds paid or payable in connection
with any damage or casualty to any property shall be applied in the manner
specified in subsection 7.5(a).

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          7.6 Inspection of Property; Books and Records; Discussions. (a) Keep
proper books of records and account in which full, complete and correct entries
in conformity with GAAP and all material Requirements of Law shall be made of
all dealings and transactions in relation to its business and activities; and
permit representatives of the U.S. Administrative Agent to visit and inspect any
of its properties and examine and, to the extent reasonable, make abstracts from
any of its books and records and to discuss the business, operations, properties
and financial and other condition of such entity and its Subsidiaries with
officers and employees of such entity and its Subsidiaries and with its
independent certified public accountants, in each case at any reasonable time,
upon reasonable notice, and as often as may reasonably be desired by the
Administrative Agent. Each Borrower shall keep records of its Rental Fleet that
are accurate and complete in all material respects and shall furnish the Agents
with inventory reports respecting such Rental Fleet in form and detail
reasonably satisfactory to the Agents and Lenders at such times as the Agents
may reasonably request. Each Borrower shall, at such Borrowers’ expense, conduct
a physical inventory of its serialized Rental Fleet no less frequently than
annually or shall have in place a cycle counting (or perpetual verification)
program designed to verify the physical existence of Rental Fleet in a manner
that results in the verification of substantially the entire amount of the
Rental Fleet over the course of a year and shall provide to the Agents a report
based on each such physical inventory or program promptly after such physical
inventory or after the applicable program year, as applicable, together with
such supporting information as the U.S. Administrative Agent shall reasonably
request. The U.S. Collateral Agent and the Canadian Collateral Agent may
participate in and observe any such physical inventory or cycle counting, which
participation shall be at the Borrowers’ expense regardless of whether an Event
of Default then exists.

          (b) At reasonable times during normal business hours and upon
reasonable prior notice that the U.S. Administrative Agent requests,
independently of or in connection with the visits and inspections provided for
in clause (a) above, the Parent Borrower and its Subsidiaries will grant access
to the U.S. Administrative Agent (including employees of the U.S. Administrative
Agent or any consultants, accountants, lawyers and appraisers retained by the
U.S. Administrative Agent) to such Person’s premises, books, records, accounts
and Rental Fleet so that (i) the U.S. Administrative Agent or an appraiser
retained by the U.S. Administrative Agent may (A) conduct a Rental Fleet
appraisal and (B) at any time when Eligible Inventory constitutes more than 5.0%
of the Total Borrowing Base, an Inventory appraisal (provided that, unless an
Event of Default exists and is continuing, only one such Inventory appraisal may
be conducted at the Loan Parties’ expense in any calendar year) and (ii) the
U.S. Administrative Agent may conduct (or engage third parties to conduct) such
field examinations, verifications and evaluations (including environmental
assessments) as the U.S. Administrative Agent may deem necessary or appropriate.
Unless an Event of Default or Liquidity Event exists, or if previously approved
by the Parent Borrower or one of its Subsidiaries, no environmental assessment
by the U.S. Administrative Agent may include any sampling or testing of the
soil, surface water or groundwater. All such Rental Fleet appraisals, field
examinations and other verifications and evaluations shall be at the sole
expense of the Loan Parties; provided that (i) the Administrative Agent may
conduct at the expense of the Loan Parties no more than (w) three (3) such
Rental Fleet appraisals during the period beginning on the Closing Date and
ending on December 31, 2007, (x) following December 31, 2007, two (2) such
Rental Fleet appraisals in any calendar year to the extent that the average
Available RCF Commitments for the twelve (12) month period immediately prior to
the commencement of any subsequent appraisal in such

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calendar year exceed $300,000,000, (y) three (3) such Rental Fleet appraisals in
any calendar year to the extent that the average Available RCF Commitments for
the twelve (12) month period immediately prior to the commencement of any
subsequent appraisal in such calendar year are less than $300,000,000 and (z)
four (4) such Rental Fleet appraisals in any calendar year to the extent that
the average Available RCF Commitments for the twelve (12) month period
immediately prior to the commencement of any subsequent appraisal in such
calendar year are less than $200,000,000, (ii) the U.S. Administrative Agent may
conduct at the expense of the Loan Parties no more than two (2) such field
examinations in any calendar year and (iii) notwithstanding the limitations set
forth in preceding clauses (i) and (ii), all such Rental Fleet appraisals,
inventory appraisals and field examinations commenced at any time when an Event
of Default or Liquidity Event exists shall be at the sole expense of the Loan
Parties. All amounts chargeable to the applicable Borrowers under this
subsection 7.6(b) shall constitute obligations that are secured by all of the
applicable Collateral and shall be payable to the Agents hereunder.

          7.7 Notices. Promptly give notice to the U.S. Administrative Agent and
each Lender of:

     (a) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, the occurrence of
any Default or Event of Default;

     (b) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, any (i) default or
event of default under any Contractual Obligation of any Credit Agreement
Party or any of its Subsidiaries, other than as previously disclosed in
writing to the Lenders, or (ii) litigation, investigation or proceeding
which may exist at any time between any Credit Agreement Party or any of
its Subsidiaries and any Governmental Authority, which in either case,
could reasonably be expected to have a Material Adverse Effect;

     (c) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, the occurrence of
any default or event of default under any of the Second-Lien Loan Documents
or the Senior Note Documents;

     (d) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, any litigation or
proceeding affecting the Parent Borrower or any of its Subsidiaries that
could reasonably be expected to have a Material Adverse Effect;

     (e) the following events, as soon as possible and in any event within
30 days after a Responsible Officer of any Credit Agreement Party or any of
its Subsidiaries knows or reasonably should know thereof: (i) the
occurrence or expected occurrence of any Reportable Event (or similar
event) with respect to any Single Employer Plan (or Foreign Plan), a
failure to make any required contribution to a Single Employer Plan,
Multiemployer Plan or Foreign Plan, the creation of any Lien on the
property of Holdings, its Subsidiaries or any Commonly Controlled Entity in
favor of the PBGC, a Plan or a Foreign Plan or any withdrawal from, or the
full or partial termination,

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Reorganization or Insolvency of, any Multiemployer Plan or Foreign Plan;
(ii) the institution of proceedings or the taking of any other formal
action by the PBGC, Holdings or any of its Subsidiaries or any Commonly
Controlled Entity or any Multiemployer Plan which could reasonably be
expected to result in the withdrawal from, or the termination,
Reorganization or Insolvency of, any Single Employer Plan, Multiemployer
Plan or Foreign Plan; provided, however, that no such notice will be
required under clause (i) or (ii) above unless the event giving rise to
such notice, when aggregated with all other such events under clause (i) or
(ii) above, could be reasonably expected to result in a Material Adverse
Effect; or (iii) the first occurrence of an Underfunding under a Single
Employer Plan or Foreign Plan that exceeds 10% of the value of the assets
of such Single Employer Plan or Foreign Plan, in each case, determined as
of the most recent annual valuation date of such Single Employer Plan or
Foreign Plan on the basis of the actuarial assumptions used to determine
the funding requirements of such Single Employer Plan or Foreign Plan as of
such date;

     (f) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, (i) any release or
discharge by the Parent Borrower or any of its Subsidiaries of any
Materials of Environmental Concern required to be reported under applicable
Environmental Laws to any Governmental Authority, unless the Parent
Borrower reasonably determines that the total Environmental Costs arising
out of such release or discharge could not reasonably be expected to have a
Material Adverse Effect; (ii) any condition, circumstance, occurrence or
event not previously disclosed in writing to the U.S. Administrative Agent
that would reasonably be expected to result in liability or expense under
applicable Environmental Laws, unless the Parent Borrower reasonably
determines that the total Environmental Costs arising out of such
condition, circumstance, occurrence or event could not reasonably be
expected to have a Material Adverse Effect or could not reasonably be
expected to result in the imposition of any Lien or other material
restriction on the title, ownership or transferability of any facilities
and properties owned, leased or operated by the Parent Borrower or any of
its Subsidiaries that could reasonably be expected to result in a Material
Adverse Effect; and (iii) any proposed action to be taken by the Parent
Borrower or any of its Subsidiaries that could reasonably be expected to
subject the Parent Borrower or any of its Subsidiaries to any material
additional or different requirements or liabilities under Environmental
Laws, unless the Parent Borrower reasonably determines that the total
Environmental Costs arising out of such proposed action could not
reasonably be expected to have a Material Adverse Effect;

     (g) any loss, damage, or destruction to the Collateral in the amount
of $50,000,000 or more, whether or not covered by insurance; and

     (h) any and all default notices received under or with respect to any
leased location or public warehouse where Collateral, either individually
or in the aggregate, in excess of $50,000,000 is located.

          Each notice pursuant to this subsection shall be accompanied by a
statement of a Responsible Officer of the Parent Borrower (and, if applicable,
the relevant Commonly Controlled Entity or Subsidiary) setting forth details of
the occurrence referred to therein and

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stating what action the Parent Borrower (or, if applicable, the relevant
Commonly Controlled Entity or Subsidiary) proposes to take with respect thereto.

          7.8 Environmental Laws. (a) (i) Comply substantially with, and require
substantial compliance by all tenants, subtenants, contractors, and invitees
with, all applicable Environmental Laws; (ii) obtain, comply substantially with
and maintain any and all Environmental Permits necessary for its operations as
conducted and as planned; and (iii) require that all tenants, subtenants,
contractors, and invitees obtain, comply substantially with and maintain any and
all Environmental Permits necessary for their operations as conducted and as
planned, with respect to any property leased or subleased from, or operated by
the Parent Borrower or its Subsidiaries. For purposes of this subsection 7.8(a),
noncompliance shall not constitute a breach of this covenant, provided that,
upon learning of any actual or suspected noncompliance, the Parent Borrower and
any such affected Subsidiary shall promptly undertake and diligently pursue
reasonable efforts, if any, to achieve compliance, and provided, further, that
in any case such noncompliance could not reasonably be expected to have a
Material Adverse Effect.

          (b) Promptly comply, in all material respects, with all orders and
directives of all Governmental Authorities regarding Environmental Laws, other
than such orders or directives (i) as to which the failure to comply could not
reasonably be expected to result in a Material Adverse Effect or (ii) as to
which: (x) appropriate reserves have been established in accordance with GAAP;
(y) an appeal or other appropriate contest is or has been timely and properly
taken and is being diligently pursued in good faith; and (z) if the
effectiveness of such order or directive has not been stayed, the failure to
comply with such order or directive during the pendency of such appeal or
contest could not reasonably be expected to give rise to a Material Adverse
Effect.

          (c) Maintain, update as appropriate, and implement in all material
respects an ongoing program reasonably designed to ensure that all the
properties and operations of the Parent Borrower and its Subsidiaries are
periodically reasonably reviewed by competent personnel to identify and promote
compliance with and to reasonably and prudently manage any material
Environmental Costs that would reasonably be expected to affect the Parent
Borrower or any of its Subsidiaries, including compliance and liabilities
relating to: discharges to air and water; acquisition, transportation, storage
and use of Materials of Environmental Concern; waste disposal; species
protection; and recordkeeping required under Environmental Laws. For the
purposes of this subsection 7.8(c), the failure to maintain an environmental
program shall not constitute an Event of Default (i) unless it could reasonably
be expected to result in a Material Adverse Effect or (ii) if within 90 days of
receipt of a reasonable request from the U.S. Administrative Agent, Holdings and
its Subsidiaries have taken reasonable and diligent steps to implement and
maintain such a program in compliance with this subsection.

          7.9 New Subsidiaries; Additional Security; Further Assurances. (a)
With respect to any owned real property or fixtures thereon, in each case with a
purchase price or a fair market value at the time of acquisition of at least
$2,000,000 (for this purpose treating any Sale and Leaseback Property that is
owned by any Loan Party on the first anniversary of the Closing Date as a
property acquired after the Closing Date and calculating the value thereof as of
such first anniversary), in which any Loan Party acquires ownership rights at
any time after the

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Closing Date, promptly following any request by the U.S. Collateral Agent or the
Canadian Collateral Agent, as the case may be, grant to the U.S. Collateral
Agent or the Canadian Collateral Agent, as applicable, for the benefit of the
applicable Lenders, a Lien of record on all such owned real property and
fixtures, upon terms reasonably satisfactory in form and substance to the U.S.
Collateral Agent or the Canadian Collateral Agent, as applicable, and in
accordance with any applicable requirements of any Governmental Authority
(including any required appraisals of such property under FIRREA); provided that
(i) nothing in this subsection 7.9 shall defer or impair the attachment or
perfection of any security interest in any Collateral covered by any of the
Security Documents which would attach or be perfected pursuant to the terms
thereof without action by Holdings, any of its Subsidiaries or any other Person,
(ii) no such Lien shall be required to be granted as contemplated by this
subsection 7.9 on any owned real property or fixtures the acquisition of which
is financed, or is to be financed within any time period permitted by subsection
8.2(f) or (g), in whole or in part through the incurrence of Indebtedness
permitted by subsection 8.2(f) or (g), until such Indebtedness is repaid in full
(and not refinanced as permitted by subsection 8.2(f) or (g)) or, as the case
may be, the Parent Borrower determines not to proceed with such financing or
refinancing and (iii) any such mortgage by a Foreign Subsidiary shall not secure
any U.S. Borrower’s or Canadian Finco’s obligations. In connection with any such
grant to the U.S. Collateral Agent or the Canadian Collateral Agent, as
applicable, for the benefit of the Lenders, of a Lien of record on any such real
property in accordance with this subsection, the Parent Borrower or such
Subsidiary shall deliver or cause to be delivered to the U.S. Collateral Agent
any surveys, title insurance policies, environmental reports and other documents
in connection with such grant of such Lien obtained by it in connection with the
acquisition of such ownership rights in such real property or as the U.S.
Collateral Agent or the Canadian Collateral Agent, as applicable, shall
reasonably request (in light of the value of such real property and the cost and
availability of such surveys, title insurance policies, environmental reports
and other documents and whether the delivery of such surveys, title insurance
policies, environmental reports and other documents would be customary in
connection with such grant of such Lien in similar circumstances).

          (b) With respect to any Domestic Subsidiary (other than an Immaterial
Subsidiary or a Subsidiary of a Foreign Subsidiary) created or acquired
(including by reason of any Immaterial Subsidiary or Foreign Subsidiary Holdco
ceasing to constitute the same) subsequent to the Closing Date by Holdings or
any of its Domestic Subsidiaries (other than any Subsidiary of a Foreign
Subsidiary), promptly notify the U.S. Administrative Agent of such occurrence
and promptly (i) execute and deliver to the U.S. Collateral Agent for the
benefit of the Lenders such amendments to the U.S. Guarantee and Collateral
Agreement as the U.S. Collateral Agent shall reasonably deem necessary or
reasonably advisable to grant to the U.S. Collateral Agent, for the benefit of
the Lenders, a perfected first priority security interest (as and to the extent
provided in the U.S. Guarantee and Collateral Agreement) in the Capital Stock of
such new Domestic Subsidiary, (ii) deliver to the U.S. Collateral Agent the
certificates (if any) representing such Capital Stock, together with undated
stock powers, executed and delivered in blank by a duly authorized officer of
the parent corporation (or other applicable entity) of such new Domestic
Subsidiary, (iii) cause such new Domestic Subsidiary (A) to become a party to
the U.S. Guarantee and Collateral Agreement and (B) to take all actions
reasonably deemed by the U.S. Collateral Agent to be necessary or advisable to
cause the Lien created by the U.S. Guarantee and Collateral Agreement in such
new Domestic Subsidiary’s Collateral to be duly perfected in accordance with all
applicable Requirements of Law (to the extent provided in the

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U.S. Guarantee and Collateral Agreement), including the filing of financing
statements in such jurisdictions as may be reasonably requested by the U.S.
Collateral Agent and (iv) to the extent requested by the U.S. Administrative
Agent or, so long as such Domestic Subsidiary is a Wholly-Owned Subsidiary, the
Parent Borrower, cause such Domestic Subsidiary to execute and deliver to the
U.S. Administrative Agent a Borrower Joinder Agreement (and thereby become a
U.S. Borrower hereunder).

          (c) With respect to (x) any Foreign Subsidiary created or acquired
subsequent to the Closing Date by the Parent Borrower or any of its Domestic
Subsidiaries (other than Canadian Finco, an Immaterial Subsidiary or any
Subsidiary of a Foreign Subsidiary), the Capital Stock of which is owned
directly by the Parent Borrower or a Domestic Subsidiary (other than a
Subsidiary of a Foreign Subsidiary), promptly notify the U.S. Administrative
Agent of such occurrence and if the U.S. Administrative Agent or the Required
Lenders so request (it being understood that if the U.S. Administrative Agent
does not so request with respect to any such Foreign Subsidiary that it believes
is or is likely to become material to the Parent Borrower and its Subsidiaries
taken as a whole, it will provide notice to the Lenders thereof), promptly (i)
execute and deliver to the U.S. Collateral Agent a new pledge agreement or such
amendments to the U.S. Guarantee and Collateral Agreement as the U.S. Collateral
Agent shall reasonably deem necessary or reasonably advisable to grant to the
U.S. Collateral Agent, for the benefit of the Lenders, a perfected first
priority security interest (as and to the extent provided in the U.S. Guarantee
and Collateral Agreement) in the Capital Stock of such new Foreign Subsidiary
that is owned by the Parent Borrower or any of its Domestic Subsidiaries (other
than any Subsidiary of a Foreign Subsidiary) (provided that in no event shall
more than 65% of the Capital Stock (including for these purposes any investment
deemed to be Capital Stock for U.S. tax purposes) of any such new Foreign
Subsidiary be required to be so pledged to secure the direct obligations of any
U.S. Borrower or Canadian Finco and, provided, further, that no such pledge or
security shall be required with respect to any non-wholly owned Foreign
Subsidiary to the extent that the grant of such pledge or security interest
would violate the terms of any agreements under which the Investment by the
Parent Borrower or any of its Subsidiaries was made therein) and (ii) to the
extent reasonably deemed advisable by the U.S. Collateral Agent, deliver to the
U.S. Collateral Agent the certificates, if any, representing such Capital Stock,
together with undated stock powers, executed and delivered in blank by a duly
authorized officer of the relevant parent corporation (or other applicable
entity) of such new Foreign Subsidiary and take such other action as may be
reasonably deemed by the U.S. Collateral Agent to be necessary or desirable to
perfect the U.S. Collateral Agent’s security interest therein; and (y) any
Foreign Subsidiary (other than Canadian Finco or an Immaterial Subsidiary)
created or acquired subsequent to the Closing Date by any Borrower or any
Subsidiary Guarantor (i) if such Foreign Subsidiary is a Canadian Subsidiary, to
the extent requested by the U.S. Administrative Agent or, so long as such
Canadian Subsidiary is a Wholly-Owned Subsidiary, the Parent Borrower, cause
such Canadian Subsidiary to execute and deliver to the U.S. Administrative Agent
a Borrower Joinder Agreement (and thereby become a Canadian Borrower hereunder)
and (ii) cause such new Canadian Subsidiary (x) to execute and deliver a
Canadian Guarantee Agreement and Canadian Security Agreement with such
amendments thereto as the Canadian Collateral Agent shall reasonably deem
necessary or reasonably advisable to grant to the Canadian Collateral Agent, for
the benefit of the Lenders, a perfected security interest (as and to the extent
provided in the Canadian Security Agreement) in Collateral of such new Canadian
Subsidiary and (y) to take all actions reasonably deemed by the Canadian
Collateral Agent to be necessary or advisable to

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cause the Lien created by the Canadian Security Agreement in such new Canadian
Subsidiary’s Collateral to be duly perfected (to the extent provided in the
Canadian Security Agreement) in accordance with all applicable Requirements of
Law, including, without limitation, the filing of financing statements in such
jurisdictions as may be reasonably requested by the Canadian Collateral Agent.

          (d) At its own expense, execute, acknowledge and deliver, or cause the
execution, acknowledgement and delivery of, and thereafter register, file or
record in an appropriate governmental office, any document or instrument
reasonably deemed by the U.S. Collateral Agent or the Canadian Collateral Agent,
as applicable, to be necessary or desirable for the creation, perfection and
priority and the continuation of the validity, perfection and priority of the
foregoing Liens or any other Liens created pursuant to the Security Documents.

          (e) Notwithstanding anything to contrary in this Agreement, nothing in
this subsection 7.9 shall require that any Loan Party grant a Lien with respect
to any owned real property or fixtures in which such Subsidiary acquires
ownership rights to the extent that the U.S. Administrative Agent, in its
reasonable judgment, determines that the granting of such a Lien is
impracticable.

          7.10 Maintenance of New York Process Agent. In the case of any
Canadian Borrower, maintain in New York, New York or at such other location in
the United States of America as may be reasonably satisfactory to the U.S.
Administrative Agent a Person acting as agent to receive on its behalf and on
behalf of its property service of process and capable of discharging the
functions of the New York Process Agent set forth in subsection 11.13(b).

          Section 8. Negative Covenants. Each of the Parent Borrower and its
Subsidiaries hereby agrees (and with respect to subsection 8.16(c) Holdings
hereby agrees) that, from and after the Closing Date and so long as the
Commitments remain in effect, and thereafter until payment in full of the Loans,
all Reimbursement Obligations and any other amount then due and owing to any
Lender or any Agent hereunder and under any Note and termination or expiration
of all Letters of Credit (or the cash collateralization or other provision for
such Letters of Credit, in each case, in a manner reasonably satisfactory to the
relevant Issuing Lender), the Parent Borrower and each such Subsidiary (and with
respect to subsection 8.16(c), Holdings) shall not and shall not permit any of
its Subsidiaries to, directly or indirectly:

          8.1 Financial Condition Covenants.

          (a) Consolidated Leverage Ratio. Upon the occurrence and during the
continuance of a Liquidity Event, permit the Consolidated Leverage Ratio as at
the last day of any period of four consecutive fiscal quarters of the Parent
Borrower ending during any period set forth below to exceed the ratio set forth
below opposite such period below:

	 	 	 
	Fiscal Quarter	 	Consolidated
	Ending	 	Leverage Ratio
	December 31, 2006
	 	5.00:1.00
	March 31, 2007
	 	5.00:1.00
	June 30, 2007
	 	5.00:1.00

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	    Fiscal Quarter	 	Consolidated
	          Ending	 	Leverage Ratio
	September 30, 2007
	 	5.00:1.00
	 
	December 31, 2007
	 	5.00:1.00
	March 31, 2008
	 	4.75:1.00
	June 30, 2008
	 	4.75:1.00
	September 30, 2008
	 	4.75:1.00
	 
	December 31, 2008
	 	4.75:1.00
	March 31, 2009
	 	4.50:1.00
	June 30, 2009
	 	4.50:1.00
	September 30, 2009
	 	4.50:1.00
	 
	December 31, 2009
	 	4.50:1.00
	March 31, 2010 and
at all
times thereafter
	 	4.25:1.00

          (b) Consolidated Fixed Charge Ratio. Upon the occurrence and during
the continuance of a Liquidity Event, permit, for any period of four consecutive
fiscal quarters of the Parent Borrower, the Consolidated Fixed Charge Coverage
Ratio as at the last day of such period of four consecutive fiscal quarters to
be less than 1.00 to 1.00.

          8.2
Limitation on Indebtedness. Create, incur, assume or suffer to
exist any Indebtedness (including any Indebtedness of any of its Subsidiaries),
except:

     (a) Indebtedness of the Parent Borrower and its Subsidiaries incurred
pursuant to this Agreement and the other Loan Documents;

     (b) Indebtedness evidenced by the Senior Notes; provided that the
aggregate principal amount of Indebtedness evidenced by Senior Notes at any
time outstanding pursuant to this clause (b) shall not exceed $620,000,000
less any repayments of principal of Indebtedness theretofore outstanding
pursuant to this clause (b);

     (c) Assumed Indebtedness;

     (d) Indebtedness incurred pursuant to the Second-Lien Term Loans
Documents; provided that the aggregate principal amount of Indebtedness at
any time outstanding pursuant to this clause (d) shall not exceed
$1,430,000,000, provided that such Indebtedness shall not be extended,
renewed, replaced, refinanced or otherwise amended, except as permitted by
subsection 8.13;

     (e) Indebtedness of (i) any Borrower (other than Canadian Finco) owing
to any other Borrower or Holdings, (ii) any Borrower (other than Canadian
Finco) owing to any Subsidiary, (iii) any Qualified Subsidiary Guarantor
owing to Holdings or any Borrower (other than Canadian Finco) or any other
Qualified Subsidiary Guarantor, (iv) any Non-Guarantor Subsidiary owing to
any Borrower (other than Canadian Finco) or

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any Subsidiary Guarantor if permitted pursuant to subsection 8.8 and (v)
any Non-Guarantor Subsidiary owing to any other Non-Guarantor Subsidiary,
so long as any such Indebtedness of any Loan Party owing to any Subsidiary
that is not a Loan Party shall be subject to subordination provisions
substantially in the form of Exhibit L;

     (f) Indebtedness of the Parent Borrower and any of its Subsidiaries
incurred to finance or refinance the acquisition, leasing, construction or
improvement of fixed or capital assets (whether pursuant to a loan, a
Financing Lease or otherwise) otherwise permitted pursuant to this
Agreement, and any other Financing Leases, in an aggregate principal amount
not, when added to the aggregate principal amount of outstanding Assumed
Indebtedness of the type described in this paragraph (f), exceeding
$175,000,000 at any one time outstanding, provided that such amount shall
be increased by an amount equal to $25,000,000 on (x) each anniversary of
the Closing Date, so long as no Default or Event of Default shall have
occurred and be continuing on any date on which such amount is to be
increased or (y) such later date on which such Default or Event of Default
shall have been cured;

     (g) (x) unsecured Indebtedness of the Parent Borrower and any of its
Subsidiaries incurred to finance or refinance the purchase price of, or (y)
Indebtedness of the Parent Borrower and any of its Subsidiaries assumed in
connection with, any acquisition permitted by subsection 8.9; provided that
(i) in the case of clause (x), such Indebtedness is incurred prior to,
substantially simultaneously with or within six months after such
acquisition or in connection with a refinancing thereof, (ii) if such
Indebtedness is owed to a Person other than the Person from whom such
acquisition is made or any Affiliate thereof, such Indebtedness shall have
terms and conditions reasonably satisfactory to the U.S. Administrative
Agent and shall not exceed 70% of the purchase price of such acquisition
(including any Indebtedness assumed in connection with such acquisition)
(or such greater percentage as shall be reasonably satisfactory to the U.S.
Administrative Agent or, if any such purchase price shall be greater than
$75,000,000, such greater percentage as shall be reasonably satisfactory to
the Required Lenders), (iii) if such Indebtedness is being assumed under
this paragraph (g), such Indebtedness shall not have been incurred by any
party in contemplation of the acquisition permitted by subsection 8.9 and
(iv) immediately after giving effect to such acquisition no Default or
Event of Default shall have occurred and be continuing;

     (h) to the extent that any Indebtedness may be incurred or arise
thereunder, Indebtedness of the Parent Borrower and its Subsidiaries under
Interest Rate Protection Agreements (other than those entered into for
speculative purposes) and under Permitted Hedging Arrangements;

     (i) to the extent that any Guarantee Obligation or other obligation
permitted under subsection 8.4 constitutes Indebtedness, such Indebtedness;

     (j) Indebtedness in respect of performance bonds, bid bonds, appeal
bonds, surety bonds and similar obligations and trade-related letters of
credit, in each case provided in the ordinary course of business;

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     (k) Indebtedness of the Parent Borrower or any of its Subsidiaries in
respect of Sale and Leaseback Transactions permitted under subsection 8.11;

     (l) Indebtedness of the Parent Borrower or any of its Subsidiaries
incurred to finance insurance premiums in the ordinary course of business;

     (m) Indebtedness arising from the honoring of a check, draft or
similar instrument against insufficient funds; provided that such
Indebtedness is extinguished within two Business Days of its incurrence;

     (n) Indebtedness in respect of Financing Leases which have been funded
solely by Investments of the Parent Borrower and its Subsidiaries permitted
by subsection 8.8(l);

     (o) Indebtedness which represents an extension, refinancing,
refunding, replacement or renewal of any of the Indebtedness described in
paragraphs (b), (c), (d) and (g) of this subsection 8.2 hereof; provided
that (i) the principal amount (or accreted value, if applicable) thereof
does not exceed the principal amount (or accreted value, if applicable) of
the Indebtedness so extended, refinanced, refunded, replaced or renewed,
except by an amount equal to unpaid accrued interest and premium (including
applicable prepayment penalties) thereon plus fees and expenses reasonably
incurred in connection therewith, (ii) any Liens securing such Indebtedness
are limited to all or part of the same property (including, if required by
the documentation evidencing such Indebtedness being extended, refinanced,
refunded, replaced or renewed, after-acquired property of the same type)
that secured the Indebtedness being refinanced; provided that the total
value of the collateral securing such Indebtedness incurred under this
subsection 8.2(o) immediately following such incurrence shall not be
materially greater than the value of the collateral securing the
Indebtedness being extended, refinanced, refunded, replaced or renewed
immediately prior to such extension, refinancing, refunding, replacement or
renewal, (iii) no Loan Party that is not originally obligated with respect
to repayment of such Indebtedness is required to become obligated with
respect thereto, (iv) such extension, refinancing, refunding, replacement
or renewal does not result in a shortening of the Weighted Average Life to
Maturity of the Indebtedness so extended, refinanced, refunded, replaced or
renewed and (v) if the Indebtedness that is extended, refinanced, refunded,
replaced or renewed was subordinated in right of payment to the obligations
of any Loan Party hereunder and under the other Loan Documents, then the
terms and conditions of the extension, refinancing, refunding, replacement
or renewal Indebtedness must include subordination terms and conditions
that are at least as favorable to the Lenders as those that were applicable
to the extended, refinanced, refunded, replaced or renewed Indebtedness;

     (p) cash management obligations and other Indebtedness in respect of
netting services, overdraft protections and similar arrangements in each
case arising under standard business terms of any bank at which the Parent
Borrower or Subsidiary maintains an overdraft, cash pooling or other
similar facility or arrangement;

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     (q) Indebtedness of Foreign Subsidiaries of the Parent Borrower not
exceeding in aggregate principal amount at any time outstanding an amount
equal to $50,000,000; and

     (r) Indebtedness not otherwise permitted by the preceding paragraphs
of this subsection 8.2 not exceeding $250,000,000 in aggregate principal
amount at any one time outstanding.

For purposes of determining compliance with this subsection 8.2, the amount of
any Indebtedness denominated in any currency other than Dollars shall be
calculated based on customary currency exchange rates in effect, in the case of
such Indebtedness incurred (in respect of term Indebtedness) or committed (in
respect of revolving Indebtedness) on or prior to the Closing Date, on the
Closing Date and, in the case of such Indebtedness incurred (in respect of term
Indebtedness) or committed (in respect of revolving Indebtedness) after the
Closing Date, on the date that such Indebtedness was incurred (in respect of
term Indebtedness) or committed (in respect of revolving Indebtedness); provided
that if such Indebtedness is incurred to refinance other Indebtedness
denominated in a currency other than Dollars (or in a different currency from
the Indebtedness being refinanced), and such refinancing would cause the
applicable Dollar-denominated restriction to be exceeded if calculated at the
relevant currency exchange rate in effect on the date of such refinancing, such
Dollar-denominated restriction shall be deemed not to have been exceeded so long
as the principal amount of such refinancing Indebtedness does not exceed (i) the
outstanding or committed principal amount, as applicable, of such Indebtedness
being refinanced plus (ii) the aggregate amount of fees, underwriting discounts,
premiums and other costs and expenses incurred in connection with such
refinancing.

          8.3 Limitation on Liens. Create, incur, assume or suffer to exist any
Lien upon any of its property, assets or revenues, whether now owned or
hereafter acquired, except for the following (Liens described below are herein
referred to as “Permitted Liens”; provided, however, that no reference to a
Permitted Lien herein, including any statement or provision as to the
acceptability of any Permitted Lien, shall in any way constitute or be construed
so as to postpone or subordinate any Liens or other rights of the Agents, the
Lenders or any of them hereunder or arising under any other Loan Document in
favor of such Permitted Lien):

     (a) Liens for taxes, assessments and similar charges not yet
delinquent or the nonpayment of which in the aggregate could not reasonably
be expected to have a Material Adverse Effect, or which are being contested
in good faith by appropriate proceedings diligently conducted and adequate
reserves with respect thereto are maintained on the books of the Parent
Borrower or its Subsidiaries, as the case may be, in conformity with GAAP;

     (b) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s
or other like Liens arising in the ordinary course of business and relating
to obligations which are not overdue for a period of more than 60 days or
which are being contested in good faith by appropriate proceedings
diligently conducted;

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     (c) Liens of landlords or of mortgagees of landlords arising by
operation of law or pursuant to the terms of real property leases, provided
that the rental payments secured thereby are not yet due and payable;

     (d) pledges, deposits or other Liens in connection with workers’
compensation, unemployment insurance, other social security benefits or
other insurance related obligations (including pledges or deposits securing
liability to insurance carriers under insurance or self-insurance
arrangements);

     (e) Liens arising by reason of any judgment, decree or order of any
court or other Governmental Authority, if appropriate legal proceedings
which may have been duly initiated for the review of such judgment, decree
or order, are being diligently prosecuted and shall not have been finally
terminated or the period within which such proceedings may be initiated
shall not have expired;

     (f) Liens to secure the performance of bids, trade contracts (other
than for borrowed money), obligations for utilities, leases, statutory
obligations, surety and appeal bonds, performance bonds, judgment and like
bonds, replevin and similar bonds and other obligations of a like nature
incurred in the ordinary course of business;

     (g) zoning restrictions, easements, rights-of-way, restrictions on the
use of property, other similar encumbrances incurred in the ordinary course
of business and minor irregularities of title, which do not materially
interfere with the ordinary conduct of the business of the Parent Borrower
and its Subsidiaries taken as a whole;

     (h) Liens securing or consisting of (i) Indebtedness of the Parent
Borrower and its Subsidiaries permitted by subsection 8.2(f) incurred to
finance or refinance the acquisition, leasing, construction or improvement
of fixed or capital assets or (ii) Indebtedness of the Parent Borrower and
its Subsidiaries permitted by subsection 8.2(g) assumed in connection with
any acquisition permitted by subsection 8.9, provided that (i) such Liens
shall not be created in contemplation of the acquisition permitted by
subsection 8.9 and shall be created no later than the later of the date of
such acquisition or the date of the assumption of such Indebtedness, and
(ii) such Liens do not at any time encumber any property other than the
property financed or refinanced by such Indebtedness and, in the case of
Indebtedness assumed in connection with any such acquisition, the total
value of the collateral constituting such Liens immediately following such
acquisition shall not be materially greater than the value of the
collateral constituting such Liens immediately prior to such acquisition;

     (i) Liens existing on assets or properties at the time of the
acquisition thereof by the Parent Borrower or any of its Subsidiaries which
do not materially interfere with the use, occupancy, operation and
maintenance of structures existing on the property subject thereto or
extend to or cover any assets or properties of the Parent Borrower or such
Subsidiary other than the assets or property being acquired;

     (j) Liens in existence on the Closing Date and listed on Schedule
8.3(j) and other Liens securing Assumed Indebtedness;

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     (k) Liens securing Guarantee Obligations permitted under subsection
8.4(e);

     (l) Liens created pursuant to the Security Documents;

     (m) any encumbrance or restriction (including put and call agreements)
with respect to the Capital Stock of any joint venture or similar
arrangement pursuant to the joint venture or similar agreement with respect
to such joint venture or similar arrangement, provided that no such
encumbrance or restriction affects in any way the ability of the Parent
Borrower or any of its Subsidiaries to comply with subsection 7.9(b) or
(c);

     (n) Liens on property subject to Sale and Leaseback Transactions
permitted under subsection 8.11 and general intangibles related thereto;

     (o) Liens on Intellectual Property; provided that such Liens result
from the granting of licenses in the ordinary course of business to or from
any Person to use such Intellectual Property;

     (p) Liens on property (i) of any Subsidiary that is not a Loan Party
and (ii) that does not constitute Collateral, which Liens secure
Indebtedness of the applicable Subsidiary permitted under subsection 8.2,
Guarantee Obligations of the applicable Subsidiary permitted under
subsection 8.4 or other liabilities or obligations of the applicable
Subsidiary not prohibited by this Agreement;

     (q) Liens securing or consisting of Indebtedness of the Parent
Borrower and its Subsidiaries permitted by subsection 8.2(d) and any
refinancings, extensions and replacements thereof otherwise permitted under
this Agreement; provided that (i) such Liens do not apply to any asset
other than Collateral that is subject to a Lien granted under a U.S.
Security Document to secure the “Secured Obligations” as defined in the
U.S. Guarantee and Collateral Agreement and (ii) all such Liens shall be
subject to the Intercreditor Agreement or another intercreditor agreement
that is no less favorable to the Secured Parties than the Intercreditor
Agreement;

     (r) Liens on property of any Foreign Subsidiary of the Parent Borrower
securing Indebtedness of such Subsidiary permitted by subsection 8.2(q);

     (s) Liens (i) that are contractual rights of set-off, (ii) relating to
purchase orders and other agreements entered into with customers or
suppliers of the Parent Borrower or any Subsidiary in the ordinary course
of business or (iii) in favor of financial institutions encumbering
deposits or other amounts (including the right of set-off) which are within
the general parameters customary in the banking industry;

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

141

 

     (u) Liens not otherwise permitted hereunder, all of which Liens
permitted pursuant to this subsection 8.3(u) secure obligations not
exceeding $50,000,000 in aggregate amount at any time outstanding.

          8.4 Limitation on Guarantee Obligations. Create, incur, assume or
suffer to exist any Guarantee Obligation except:

     (a) Guarantee Obligations in existence on the Closing Date and listed
in Schedule 8.4(a), and any refinancings, refundings, extensions or
renewals thereof, provided that the amount of such Guarantee Obligation
shall not be increased at the time of such refinancing, refunding,
extension or renewal except to the extent that the amount of Indebtedness
in respect of such Guarantee Obligations is permitted to be increased by
subsection 8.2(o);

     (b) Guarantee Obligations for performance, bid, appeal, judgment,
replevin and similar bonds and suretyship arrangements, all in the ordinary
course of business;

     (c) Guarantee Obligations in respect of indemnification and
contribution agreements expressly permitted by subsection 8.10(iv) or
similar agreements by the Parent Borrower;

     (d) Reimbursement Obligations in respect of the Letters of Credit or
reimbursement obligations in respect of any other letters of credit
permitted under subsection 8.2;

     (e) Guarantee Obligations in respect of third-party loans and advances
to officers or employees of Holdings or any of its Subsidiaries (i) for
travel and entertainment expenses incurred in the ordinary course of
business, (ii) for relocation expenses incurred in the ordinary course of
business, or (iii) for other purposes in an aggregate amount so long as all
Guarantee Obligations incurred under this paragraph (e), together with the
aggregate amount of all Investments permitted under subsection 8.8(e)
(other than clause (iv) thereof), does not exceed $5,000,000 outstanding at
any time;

     (f) obligations to insurers required in connection with worker’s
compensation and other insurance coverage incurred in the ordinary course
of business;

     (g) obligations of the Parent Borrower and its Subsidiaries under any
Interest Rate Protection Agreements (other than those entered into for
speculative purposes) or under Permitted Hedging Arrangements;

     (h) Guarantee Obligations incurred in connection with acquisitions
permitted under subsection 8.9, provided that if any such Guarantee
Obligation inures to the benefit of any Person other than the Person from
whom such acquisition is made or any Affiliate thereof, such Guarantee
Obligation shall not exceed, with respect to any such acquisition, 70% of
the purchase price of such acquisition (including any Indebtedness assumed
in connection with any such acquisition) (or such greater percentage as
shall be reasonably satisfactory to the U.S. Administrative Agent or, if
any such purchase price shall be

142

 

     greater than $75,000,000, such greater percentage shall be reasonably
satisfactory to the Required Lenders);

     (i) guarantees made by the Parent Borrower or any of its Subsidiaries
of obligations of the Parent Borrower or any of its Subsidiaries (other
than any Indebtedness outstanding pursuant to subsections 8.2(b), (c), (d),
(j), (k) and (q)) which obligations are otherwise permitted under this
Agreement;

     (j) Guarantee Obligations in connection with sales or other
dispositions permitted under subsection 8.6, including indemnification
obligations with respect to leases, and guarantees of collectability in
respect of accounts receivable or notes receivable for up to face value;

     (k) Guarantee Obligations incurred pursuant to the U.S. Guarantee and
Collateral Agreement or any Canadian Security Document or otherwise in
respect of Indebtedness permitted by subsection 8.2(a);

     (l) Guarantee Obligations in respect of Indebtedness permitted
pursuant to subsections 8.2(b), (c) and (d), provided that (x) if any such
Indebtedness is subordinated in right of payment to the obligations of any
Loan Party hereunder and under the other Loan Documents, then any
corresponding Guarantee Obligations are subordinated to Indebtedness
outstanding pursuant to this Agreement and other Loan Documents to
substantially the same extent, (y) Guarantee Obligations in respect of
Indebtedness permitted pursuant to subsections 8.2(b) and 8.2(d) shall be
permitted only so long as such Guarantee Obligations are incurred only by
Guarantors or Borrowers and (z) Guarantee Obligations in respect of Assumed
Indebtedness permitted pursuant to subsection 8.2(c) shall be permitted to
the extent no additional guarantors of such Indebtedness are added
following the Closing Date;

     (m) accommodation guarantees for the benefit of trade creditors of the
Parent Borrower or any of its Subsidiaries in the ordinary course of
business;

     (n) Guarantee Obligations in respect of Indebtedness or other
obligations of a Person in connection with a joint venture or similar
arrangement in respect of which no other co-investor or other Person has a
greater legal or beneficial ownership interest than the Parent Borrower or
any of its Subsidiaries, and as to all of such Persons does not at any time
exceed $20,000,000 in aggregate principal amount; provided that such amount
shall be reduced by the aggregate amount of Investments permitted by
subsection 8.8(k); and

     (o) Guarantee Obligations of the Parent Borrower and its Subsidiaries
in respect of Indebtedness of Foreign Subsidiaries incurred pursuant to
subsection 8.2(q); provided that the aggregate amount of such Guarantee
Obligations outstanding pursuant to this clause (o), when aggregated with
(i) all dividends made pursuant to paragraph 8.7(k), (ii) all Investments
(determined as the amount originally advanced, loaned or otherwise
invested, less any returns on the respective Investment) outstanding
pursuant to paragraphs 8.8(k) and (o), (iii) all cash consideration paid in
respect of acquisitions

143

 

pursuant to paragraph 8.9(b)(iii) and (iv) all optional prepayments made
pursuant to subsection 8.13(f) do not at any time exceed $100,000,000.

          8.5 Limitation on Fundamental Changes. Enter into any merger,
consolidation or amalgamation, or liquidate, wind up or dissolve itself (or
suffer any liquidation or dissolution), or convey, sell, lease, assign, transfer
or otherwise dispose of, all or substantially all of its property, business or
assets, except:

     (a) any Subsidiary of the Parent Borrower may be merged, consolidated
or amalgamated with or into the Parent Borrower (provided that the Parent
Borrower shall be the continuing or surviving corporation) or with or into
any one or more Wholly Owned Subsidiaries of the Parent Borrower (provided
that the Wholly Owned Subsidiary or Subsidiaries of the Parent Borrower
shall be the continuing or surviving entity); provided that if such merger
or consolidation constitutes a transfer of all or substantially all of the
assets of any Loan Party, (1) the continuing or surviving entity shall be a
Loan Party, or (2) at the time of such merger, consolidation or
amalgamation, the Payment Conditions are satisfied;

     (b) any Subsidiary of the Parent Borrower may sell, lease, transfer or
otherwise dispose of any or all of its assets (upon voluntary liquidation
or otherwise) to the Parent Borrower or any Wholly Owned Subsidiary of the
Parent Borrower (and, in the case of a non-Wholly Owned Subsidiary, may be
liquidated to the extent the Parent Borrower or any Wholly Owned Subsidiary
which is a direct parent of such non-Wholly Owned Subsidiary receives a pro
rata distribution of the assets thereof); provided that if any Borrower so
disposes of all or substantially all of its assets, either (A) such
Borrower shall, simultaneously with such disposition, (1) repay in full all
outstanding Loans made (x) to it and (y) against assets contributed by it
to the Borrowing Base to any other Borrower and (2) terminate its right to
borrow hereunder or (B) the transferee of such assets shall be a Borrower;
provided, further, that (x) if the Subsidiary that disposes of any or all
of its assets is a Loan Party, (1) the transferee of such assets shall be a
Loan Party, or (2) at the time of such disposition, the Payment Conditions
are satisfied; and

     (c) as expressly permitted by subsection 8.6.

          8.6 Limitation on Sale of Assets. Convey, sell, lease, assign,
transfer, license, abandon or otherwise dispose of any of its property, business
or assets (including receivables and leasehold interests) (other than leases or
rentals of revenue earning equipment in the ordinary course of business),
whether now owned or hereafter acquired, or, in the case of any Subsidiary of
Holdings, issue or sell any shares of such Subsidiary’s Capital Stock, to any
Person other than, subject to any applicable limitations set forth in subsection
8.5, Holdings or any Wholly Owned Subsidiary of Holdings, except:

     (a) the sale or other Disposition of obsolete, worn out or surplus
property, whether now owned or hereafter acquired, in the ordinary course
of business;

     (b) the sale or other Disposition of any Inventory or Rental Fleet in
the ordinary course of business;

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     (c) the sale or discount without recourse of accounts receivable or
notes receivable arising in the ordinary course of business, or the
conversion or exchange of accounts receivable into or for notes receivable,
in each case in connection with the compromise or collection thereof;
provided that, in the case of any Foreign Subsidiary of the Parent
Borrower, any such sale or discount may be with recourse if such sale or
discount is consistent with customary practice in such Foreign Subsidiary’s
country of business;

     (d) as permitted by subsection 8.5(b) or 8.5(c) and pursuant to Sale
and Leaseback Transactions permitted by subsection 8.11;

     (e) subject to any applicable limitations set forth in subsection 8.5,
Dispositions of any assets or property among (i) the Qualified Loan Parties
and (ii) the Non-Guarantor Subsidiaries;

     (f) (i) the abandonment or other Disposition of patents, trademarks or
other Intellectual Property that are, in the reasonable judgment of the
Parent Borrower, no longer economically practicable to maintain or useful
in the conduct of the business of the Parent Borrower and its Subsidiaries
taken as a whole and (ii) licensing of Intellectual Property in the
ordinary course of business;

     (g) any Disposition by the Parent Borrower or any of its Subsidiaries,
provided that (i) the Net Cash Proceeds of each such Disposition do not
exceed $10,000,000 and (ii) the aggregate Net Cash Proceeds of all
Dispositions in any Fiscal Year made pursuant to this paragraph (g) do not
exceed $20,000,000;

     (h) any other Asset Sales by the Parent Borrower or any of its
Subsidiaries the Net Cash Proceeds of which other Asset Sales do not exceed
$100,000,000 in the aggregate after the Closing Date, provided that in the
case of any such Asset Sale, an amount equal to 100% of the Net Cash
Proceeds of such Dispositions less the Reinvested Amount is applied in
accordance with subsection 4.4(b);

     (i) any involuntary Disposition due to casualty or condemnation; and

     (j) any Disposition set forth on Schedule 8.6(j).

          8.7 Limitation on Dividends. Declare or pay any dividend (other than
dividends payable solely in common stock of the Parent Borrower or options,
warrants or other rights to purchase common stock of the Parent Borrower) on, or
make any payment on account of, or set apart assets for a sinking or other
analogous fund for, the purchase, redemption, defeasance, retirement or other
acquisition of, any shares of any class of Capital Stock of the Parent Borrower
or any of its Subsidiaries or any warrants or options to purchase any such
Capital Stock, whether now or hereafter outstanding, or make any other
distribution (other than distributions payable solely in common stock of the
Parent Borrower or options, warrants or other rights to purchase common stock of
the Parent Borrower) in respect thereof, either directly or indirectly, whether
in cash or property or in obligations of the Parent Borrower or any of its
Subsidiaries, except that:

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     (a) any Subsidiary of the Parent Borrower may pay dividends or return
capital or make distributions and other similar payments with regard to its
Capital Stock to the Parent Borrower or to a Wholly-Owned Subsidiary of the
Parent Borrower which owns equity therein;

     (b) any non-Wholly-Owned Subsidiary of the Parent Borrower may pay
dividends or return capital or make distributions and other similar
payments to its shareholders generally so long as the Parent Borrower or
its respective Subsidiary which owns the Capital Stock in the Subsidiary
paying such dividends or returning such capital or making such
distributions and other similar payments receives at least its
proportionate share thereof (based upon its relative holding of the Capital
Stock in the Subsidiary paying such dividends or returning such capital or
making such distributions and other similar payments and taking into
account the relative preferences, if any, of the various classes of Capital
Stock of such Subsidiary);

     (c) the Parent Borrower and any of its Subsidiaries may pay cash
dividends in an amount sufficient to allow any Parent Entity to pay
expenses (other than taxes) incurred in the ordinary course of business,
provided that, if any Parent Entity shall own any material assets other
than the Capital Stock of Holdings or another Parent Entity or other assets
relating to the ownership interest of such Parent Entity in another Parent
Entity, the Parent Borrower or Subsidiaries of the Parent Borrower, such
cash dividends with respect to such Parent Entity shall be limited to the
reasonable and proportional share, as determined by the Parent Borrower in
its reasonable discretion, of such expenses incurred by such Parent Entity
relating or allocable to its ownership interest in the Parent Borrower or
another Parent Entity and such other related assets;

     (d) the Parent Borrower and any of its Subsidiaries may pay cash
dividends in an amount sufficient to cover reasonable and necessary
expenses (including professional fees and expenses) (other than taxes)
incurred by any Parent Entity in connection with (i) registration, public
offerings and exchange listing of equity or debt securities and maintenance
of the same, (ii) compliance with reporting obligations under, or in
connection with compliance with, federal or state laws or under this
Agreement or any of the other Loan Documents and (iii) indemnification and
reimbursement of directors, officers and employees in respect of
liabilities relating to their serving in any such capacity, or obligations
in respect of director and officer insurance (including premiums therefor),
provided that, in the case of sub-clause (i) above, if any Parent Entity
shall own any material assets other than the Capital Stock of Holdings or
another Parent Entity or other assets relating to the ownership interest of
such Parent Entity in another Parent Entity, Holdings or its Subsidiaries,
with respect to such Parent Entity such cash dividends shall be limited to
the reasonable and proportional share, as determined by the Parent Borrower
in its reasonable discretion, of such expenses incurred by such Parent
Entity relating or allocable to its ownership interest in another Parent
Entity, Holdings and such other assets;

     (e) the Parent Borrower and any of its Subsidiaries may pay, without
duplication, cash dividends (i) pursuant to the Tax Sharing Agreement, and
(ii) to pay or permit any Parent Entity to pay any Related Taxes;

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     (f) the Parent Borrower and any of its Subsidiaries may pay cash
dividends in an amount sufficient to allow any Parent Entity to repurchase
shares of its Capital Stock or rights, options or units in respect thereof
from any Management Investors or former Management Investors (or any of
their respective heirs, successors, assigns, legal representatives or
estates), or as otherwise contemplated by any Management Subscription
Agreements, for an aggregate purchase price not to exceed $10,000,000;
provided that such amount shall be increased by (i) an amount equal to
$2,500,000 on each anniversary of the Closing Date, commencing on the first
anniversary of the Closing Date, and (ii) an amount equal to the proceeds
to the Parent Borrower (whether received by it directly or from a Parent
Entity or applied to pay Parent Entity Expenses) of any resales or new
issuances of shares and options to any Management Investors, at any time
after the initial issuances to any Management Investors, together with the
aggregate amount of deferred compensation owed by the Parent Borrower or
any of its Subsidiaries to any Management Investor that shall thereafter
have been cancelled, waived or exchanged at any time after the initial
issuances to any thereof in connection with the grant to such Management
Investor of the right to receive or acquire shares of Holdings’ or any
Parent Entity’s Capital Stock;

     (g) the Parent Borrower and any of its Subsidiaries may pay cash
dividends in an amount sufficient to allow any Parent Entity to pay all
fees and expenses incurred in connection with the Transaction and the other
transactions expressly contemplated by this Agreement and the other Loan
Documents, and to allow Holdings to perform its obligations under or in
connection with the Loan Documents to which it is a party;

     (h) the Parent Borrower and any of its Subsidiaries may pay a cash
dividend to Holdings (and Holdings may use the cash proceeds thereof to pay
a cash dividend directly or indirectly to any Parent Entity), in each case
on the Closing Date to give effect to the Recapitalization;

     (i) in addition to the foregoing dividends, the Parent Borrower and
any of its Subsidiaries may pay additional dividends, payments and
distributions not otherwise permitted pursuant to this subsection 8.7;
provided that, at the time such dividend, payment or distribution is made
the Payment Conditions are satisfied;

     (j) the Parent Borrower and any of its Subsidiaries may pay dividends
in an amount sufficient to allow any Parent Entity to pay all fees,
expenses, purchase price adjustments and other obligations (other than any
obligation (other than Related Taxes) related to the Seller Notes) incurred
pursuant to the Recapitalization Agreement as in effect on the date hereof
or the Indemnification Agreement (as defined in the Recapitalization
Agreement) as in effect on the date hereof; and

     (k) so long as no Default or Event of Default has occurred and is
continuing or would result therefrom, the Parent Borrower and any of its
Subsidiaries may pay cash dividends; provided that the aggregate amount of
such dividends pursuant to this clause (k), when aggregated with (i) all
Guarantee Obligations outstanding pursuant to subsection 8.4(o), (ii) all
Investments (determined as the amount originally advanced, loaned or
otherwise invested, less any returns on the respective Investment not to
exceed

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the original amount invested) outstanding pursuant to paragraphs 8.8(k) and
(o), (iii) all cash consideration paid in respect of acquisitions pursuant
to paragraph 8.9(b)(iii) and (iv) all optional prepayments made pursuant to
subsection 8.13(f), do not at any time exceed $100,000,000.

          8.8 Limitation on Investments, Loans and Advances. Make any advance,
loan, extension of credit or capital contribution to, or purchase any stock,
bonds, notes, debentures or other securities of or any assets constituting a
business unit of, or make any other investment, in cash or by transfer of assets
or property, in (each an “Investment”), any Person, except:

     (a) extensions of trade credit in the ordinary course of business;

     (b) Investments in cash and Cash Equivalents;

     (c) Investments existing on the Closing Date and described in Schedule
8.8(c), setting forth the respective amounts of such Investments as of a
recent date;

     (d) Investments in notes receivable and other instruments and
securities obtained in connection with transactions permitted by subsection
8.6(c);

     (e) loans and advances to officers, directors or employees of Holdings
or any of its Subsidiaries (i) in the ordinary course of business for
travel and entertainment expenses, (ii) for relocation expenses in the
ordinary course of business or (iii) made for other purposes in an
aggregate amount so long as all such Investments (determined as the amount
originally advanced, loaned or otherwise invested, less any returns on the
respective Investment not to exceed the original amount invested) pursuant
to this paragraph (e) (other than clause (iv) hereof), together with the
aggregate amount of all Guarantee Obligations permitted pursuant to
subsection 8.4(e), does not exceed $5,000,000 outstanding at any time and
(iv) relating to indemnification or reimbursement of any officers,
directors or employees in respect of liabilities relating to their serving
in any such capacity or as otherwise specified in subsection 8.10;

     (f) (i) Investments by any Qualified Loan Party in any other Qualified
Loan Party, (ii) Investments by any Non-Guarantor Subsidiary in any other
Non-Guarantor Subsidiary, (iii) Investments by Canadian Finco in RSC Canada
consisting of intercompany loans made by Canadian Finco to RSC Canada and
(iv) Investments in Holdings in amounts and for purposes for which
dividends are permitted under subsection 8.7;

     (g) acquisitions expressly permitted by subsection 8.9;

     (h) Investments of the Parent Borrower and its Subsidiaries under
Interest Rate Protection Agreements (other than those entered into for
speculative purposes) or under Permitted Hedging Arrangements;

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     (i) Investments in the nature of pledges or deposits with respect to
leases or utilities provided to third parties in the ordinary course of
business or otherwise described in subsection 8.3(c), (d) or (f);

     (j) Investments representing non-cash consideration received by the
Parent Borrower or any of its Subsidiaries in connection with any Asset
Sale, provided that in the case of any Asset Sale permitted under
subsection 8.6(g) or (h), such non-cash consideration constitutes not more
than 25% of the aggregate consideration received in connection with such
Asset Sale and any such non-cash consideration received by the Parent
Borrower or any other Loan Party is pledged to the U.S. Collateral Agent,
for the benefit of the Lenders, pursuant to the Security Documents;

     (k) Investments by the Parent Borrower or any of its Subsidiaries in a
Person in connection with a joint venture or similar arrangement in respect
of which no other co-investor or other Person has a greater legal or
beneficial ownership interest than the Parent Borrower or such Subsidiary;
provided that (i) the aggregate amount of such Investments (determined as
the amount originally advanced, loaned or otherwise invested, less any
returns on the respective Investment) outstanding pursuant to this
paragraph (k), when aggregated with (A) all Guarantee Obligations
outstanding pursuant to subsection 8.4(o), (ii), (B) all cash dividends
paid pursuant to paragraph 8.7(k), (C) all Investments (determined as the
amount originally advanced, loaned or otherwise invested, less any returns
on the respective Investment not to exceed the original amount invested)
outstanding pursuant to paragraph (o) of this subsection 8.8, (D) all cash
consideration paid in respect of acquisitions pursuant to paragraph
8.9(b)(iii) and (E) all optional prepayments made pursuant to subsection
8.13(f), do not exceed $100,000,000 in the aggregate, (ii) the aggregate
amount of Investments (determined as the amount originally advanced, loans
or otherwise invested, less any returns on the respective Investment not to
exceed the original amount invested) in Persons pursuant to this paragraph
(k), when aggregated with all Investments (determined as the amount
originally advanced, loaned or otherwise invested, less any returns on the
respective Investment not to exceed the original amount invested) in
Persons that are organized outside of the United States and Canada pursuant
to paragraph (o) of this subsection 8.8 and all acquisitions pursuant to
clause (b)(iii) of subsection 8.9 in Persons that are organized (or assets
that are located) outside of the United States and Canada shall not exceed
$35,000,000 and (iii) the Parent Borrower or such Subsidiary complies with
the provisions of subsections 7.9(b) and (c) hereof, if applicable, with
respect to such ownership interest;

     (l) Investments in industrial development or revenue bonds or similar
obligations secured by assets leased to and operated by the Parent Borrower
or any of its Subsidiaries that were issued in connection with the
financing of such assets, so long as the Parent Borrower or any such
Subsidiary may obtain title to such assets at any time by optionally
canceling such bonds or obligations, paying a nominal fee and terminating
such financing transaction;

     (m) Investments representing evidences of Indebtedness, securities or
other property received from another Person by the Parent Borrower or any
of its Subsidiaries

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in connection with any bankruptcy proceeding or other reorganization of
such other Person or as a result of foreclosure, perfection or enforcement
of any Lien or exchange for evidences of Indebtedness, securities or other
property of such other Person held by the Parent Borrower or any of its
Subsidiaries; provided that any such securities or other property received
by the Parent Borrower or any other Loan Party is pledged to the Collateral
Agents, for the benefit of the Lenders, pursuant to the Security Documents;

     (n) Investments not otherwise permitted by the other clauses of this
subsection 8.8; provided that at the time such Investments are made the
Payment Conditions are satisfied; and

     (o) other Investments; provided that (i) the aggregate amount of such
Investments (determined as the amount originally advanced, loaned or
otherwise invested, less any returns on the respective Investment not to
exceed the original amount invested) outstanding pursuant to this paragraph
(o), when aggregated with (A) all Guarantee Obligations outstanding
pursuant to subsection 8.4(o), (ii), (B) all cash dividends paid pursuant
to paragraph 8.7(k), (C) all Investments (determined as the amount
originally advanced, loaned or otherwise invested, less any returns on the
respective Investment not to exceed the original amount invested) pursuant
to paragraph (k) of this subsection 8.8, (D) all cash consideration paid in
respect of acquisitions pursuant to paragraph 8.9(b)(iii) and (E) all
optional prepayments made pursuant to subsection 8.13(f), do not at any
time exceed $100,000,000 in the aggregate and (ii) the aggregate amount of
Investments (determined as the amount originally advanced, loaned or
otherwise invested, less any returns on the respective Investment not to
exceed the original amount invested) in Persons that are organized outside
of the United States and Canada pursuant to this paragraph (o), when
aggregated with all Investments (determined as the amount originally
advanced, loaned or otherwise invested, less any returns on the respective
Investment not to exceed the original amount invested) pursuant to
paragraph (k) of this subsection 8.8 and all acquisitions pursuant to
paragraph (b)(iii) of subsection 8.9 in Persons that are organized (or
assets that are located) outside of the United States and Canada, shall not
exceed $35,000,000.

          8.9 Limitations on Certain Acquisitions. Acquire by purchase or
otherwise all the business or assets of, or stock or other evidences of
beneficial ownership of, any Person, except that the Parent Borrower and its
Subsidiaries shall be allowed to make any such acquisitions so long as:

     (a) such acquisition is expressly permitted by subsection 8.5, or

     (b) the aggregate consideration paid by the Parent Borrower and its
Subsidiaries for such acquisition (including cash and indebtedness incurred
or assumed in connection with such acquisition) consists solely of any
combination of:

     (i) Capital Stock of any Parent Entity or Holdings; and/or

     (ii) cash in an amount equal to the Net Cash Proceeds of the sale
or issuance of Capital Stock of any Parent Entity or Holdings which
amount is

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contributed to the Parent Borrower within 90 days prior to the date of
the relevant acquisition (and is not a Specified Equity Contribution);
and/or

     (iii) so long as no Default or Event of Default has occurred and
is continuing or would result therefrom, cash and other property
(excluding cash and other property covered in clauses (i) and (ii) of
this subsection 8.9(b)) and Indebtedness (whether incurred or assumed,
in an aggregate amount); provided that (i) the aggregate amount of
such cash consideration (net of any increase in the Available RCF
Commitment attributable to the purchase of revenue earning equipment
in connection with such acquisition) paid pursuant to this clause
(b)(iii), when aggregated with (A) all Guarantee Obligations
outstanding pursuant to subsection 8.4(o), (ii), (B) all cash
dividends paid pursuant to paragraph 8.7(k), (C) all Investments
(determined as the amount originally advanced, loaned or otherwise
invested, less any returns on the respective Investment not to exceed
the original amount invested) pursuant to paragraphs 8.8(k) and (o)
and (D) all optional prepayments made pursuant to subsection 8.13(f),
does not exceed $100,000,000 in the aggregate and (ii) the aggregate
consideration paid in respect of acquisitions of Persons that are
organized (or assets that are located) outside of the United States
and Canada pursuant to this paragraph (b)(iii), when aggregated with
all Investments (determined as the amount originally advanced, loaned
or otherwise invested, less any returns on the respective Investment
not to exceed the original amount invested) pursuant to paragraphs (k)
and (o) of subsection 8.8, shall not exceed $35,000,000; or

     (c) the Payment Conditions shall have been satisfied;

provided, further, that in the case of each such acquisition pursuant to
paragraphs (a), (b) and (c) of this subsection 8.9, after giving effect thereto,
no Default or Event of Default shall occur as a result of such acquisition.

          8.10 Limitation on Transactions with Affiliates. Enter into any
transaction, including any purchase, sale, lease or exchange of property or the
rendering of any service, with any Affiliate unless such transaction is (a)
otherwise permitted under this Agreement, and (b) upon terms no less favorable
to Holdings or such Subsidiary, as the case may be, than it would obtain in a
comparable arm’s length transaction with a Person which is not an Affiliate;
provided that nothing contained in this subsection 8.10 shall be deemed to
prohibit:

     (i) Holdings or any of its Subsidiaries from entering into or
performing any consulting, management or employment agreements or other
compensation arrangements with a director, officer or employee of Holdings
or any of its Subsidiaries that provides for annual aggregate base
compensation not in excess of $1,500,000 for each such director, officer or
employee;

     (ii) Holdings or any of its Subsidiaries from entering into or
performing an agreement with any Sponsor or any Affiliate of any Sponsor
for the rendering of management consulting, monitoring or financial
advisory services for compensation

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not to exceed in the aggregate $6,000,000 per year plus reasonable
out-of-pocket expenses;

     (iii) the payment of transaction expenses in connection with this
Agreement;

     (iv) Holdings or any of its Subsidiaries from entering into, making
payments pursuant to and otherwise performing an indemnification and
contribution agreement in favor of any Permitted Holder and each person who
is or becomes a director, officer, agent or employee of Holdings or any of
its Subsidiaries, in respect of liabilities (A) arising under the
Securities Act, the Exchange Act and any other applicable securities laws
or otherwise, in connection with any offering of securities by any Parent
Entity (provided that, if such Parent Entity shall own any material assets
other than the Capital Stock of Holdings or another Parent Entity, or other
assets relating to the ownership interest of such Parent Entity in Holdings
or another Parent Entity, such liabilities shall be limited to the
reasonable and proportional share, as determined by the Parent Borrower in
its reasonable discretion, of such liabilities relating or allocable to the
ownership interest of such Parent Entity in Holdings or another Parent
Entity and such other related assets) or Holdings or any of its
Subsidiaries, (B) incurred to third parties for any action or failure to
act of Holdings or any of its Subsidiaries, predecessors or successors, (C)
arising out of the performance by any Affiliate of any Sponsor of
management consulting, monitoring or financial advisory services provided
to Holdings or any of its Subsidiaries, (D) arising out of the fact that
any indemnitee was or is a director, officer, agent or employee of Holdings
or any of its Subsidiaries, or is or was serving at the request of any such
corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or enterprise or (E) to the
fullest extent permitted by Delaware or other applicable state law, arising
out of any breach or alleged breach by such indemnitee of his or her
fiduciary duty as a director or officer of Holdings or any of its
Subsidiaries;

     (v) Holdings or any of its Subsidiaries from performing any agreements
or commitments with or to any Affiliate existing on the Closing Date and
described on Schedule 8.10(v);

     (vi) any transaction permitted under subsection 8.4(c), 8.4(e), 8.5,
8.7, 8.8(e) or 8.8(f) and any transaction between Holdings, any Borrower
and any of the Qualified Loan Parties;

     (vii) Holdings and its Subsidiaries from paying the Sponsors and/or
their respective Affiliates a transaction fee pursuant to the Transaction
Agreement, dated as of the date hereof, among the Sponsors, ACNA and RSC,
and the out-of-pocket expenses of the Sponsors and/or their respective
Affiliates incurred in connection with the Recapitalization Agreement and
the transactions contemplated thereby (including the Financing Transactions
(as defined in the Recapitalization Agreement), on the Closing Date in
accordance with the terms thereof;

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     (viii) the Transaction, and all transactions relating thereto; and

     (ix) Holdings or any of its Subsidiaries from performing its
obligations under the Tax Sharing Agreement.

For purposes of this subsection 8.10, any transaction with any Affiliate shall
be deemed to have satisfied the standard set forth in clause (b) of the first
sentence hereof if (i) such transaction is approved by a majority of the
Disinterested Directors of the board of directors of any Parent Entity,
Holdings, the Parent Borrower or such Subsidiary, or (ii) in the event that at
the time of any such transaction, there are no Disinterested Directors serving
on the board of directors of any Parent Entity, Holdings, the Parent Borrower or
such Subsidiary, such transaction shall be approved by a nationally recognized
expert with expertise in appraising the terms and conditions of the type of
transaction for which approval is required.

          8.11 Limitation on Sale and Leaseback Transactions. Enter into any
arrangement with any Person providing for the leasing by the Parent Borrower or
any of its Subsidiaries that is a Loan Party of real or personal property which
has been or is to be sold or transferred by the Parent Borrower or any such
Subsidiary to such Person or to any other Person that has advanced or that shall
advance funds to the Parent Borrower or such Subsidiary on the security of such
property or rental obligations of the Parent Borrower or such Subsidiary (any of
such arrangements, a “Sale and Leaseback Transaction”), unless (a) such sale or
transfer occurs within 90 days after the acquisition of such property by the
Parent Borrower or any such Subsidiary, (b) such Sale and Leaseback Transaction
is in respect of any of the real properties listed on Schedule 8.11(b) (the
“Sale and Leaseback Real Properties”), or (c) the Payment Conditions have been
satisfied.

          8.12 Limitation on Dispositions of Collateral. Convey, sell, transfer,
lease, or otherwise dispose of any of the Collateral, or attempt, offer or
contract to do so (unless such attempt, offer or contract is conditioned upon
obtaining any requisite consent of the Lenders hereunder), except for (a)
mergers, amalgamations, consolidations, sales, leases, transfers or other
Dispositions expressly permitted under subsection 8.5 and (b) sales or other
Dispositions expressly permitted under subsection 8.6, including sales of Rental
Fleet in the ordinary course of business; and the Administrative Agents and the
Collateral Agent shall, and the Lenders hereby authorize the Administrative
Agents and the Collateral Agents to, execute such releases of Liens and take
such other actions as the Parent Borrower may reasonably request in connection
with the foregoing.

          8.13 Limitation on Optional Payments and Modifications of Debt
Instruments and Other Documents. (a) Make any optional payment or prepayment on
or optional repurchase or redemption of any of the Second-Lien Term Loans or the
Senior Notes or any other Indebtedness (other than Indebtedness incurred
pursuant to subsections 8.2(a), (c), (e), (m), (p) or (q) (but in the case of
subsection 8.2(q), only to the extent such payment, prepayment, repurchase or
redemption is not paid with cash of or financing obtained by Holdings or any of
its Domestic Subsidiaries)) including any payments on account of, or for a
sinking or other analogous fund for, the repurchase, redemption, defeasance or
other acquisition thereof, unless, in each case, the Payment Conditions shall
have been satisfied.

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          (b) In the event of the occurrence of a Change of Control, repurchase
or repay any Indebtedness then outstanding pursuant to any of the Senior Notes
or any portion thereof, unless the Borrowers shall have (i) made payment in full
of the Loans, all Reimbursement Obligations and any other amounts then due and
owing to any Lender or the U.S. Administrative Agent hereunder and under any
Note and cash collateralized the Bankers’ Acceptances and the L/C Obligations on
terms reasonably satisfactory to the U.S. Administrative Agent or (ii) made an
offer to pay the Loans, all Reimbursement Obligations and any amounts then due
and owing to each Lender and the U.S. Administrative Agent hereunder and under
any Note and to cash collateralize the Bankers’ Acceptances and the L/C
Obligations in respect of each Lender and shall have made payment in full
thereof to each such Lender or the U.S. Administrative Agent which has accepted
such offer and cash collateralized the Bankers’ Acceptances and the L/C
Obligations in respect of each such Lender which has accepted such offer.

          (c) Amend, supplement, waive or otherwise modify any of the provisions
of any Senior Note Document (including pursuant to an extension, renewal,
replacement or refinancing thereof):

     (i) which shortens the fixed maturity or increases the principal
amount of, or increases the rate or shortens the time of payment of
interest on, or increases the amount or shortens the time of payment
of any principal or premium payable whether at maturity, at a date
fixed for prepayment or by acceleration or otherwise of the
Indebtedness evidenced by the Senior Notes, or increases the amount
of, or accelerates the time of payment of, any fees or other amounts
payable in connection therewith;

     (ii) which relates to any material affirmative or negative
covenants or any events of default or remedies thereunder and the
effect of which is to subject Holdings or any of its Subsidiaries to
any more onerous or more restrictive provisions; or

     (iii) which otherwise adversely affects the interests of the
Lenders as senior secured creditors with respect to the Senior Notes
or the interests of the Lenders under this Agreement or any other Loan
Document in any material respect.

          (d) Amend, supplement, waive or otherwise modify any of the provisions
of any Second-Lien Term Loan Document (including pursuant to an extension,
renewal, replacement or refinancing thereof), except as permitted by the
Intercreditor Agreement.

          (e) (i) Amend, supplement or otherwise modify (pursuant to a waiver or
otherwise) the terms and conditions of the Tax Sharing Agreement in any manner
that would increase the amounts payable by Holdings or any of its Subsidiaries
thereunder, other than amendments reasonably reflecting changes in law or
regulations after the date hereof, or (ii) otherwise amend, supplement or
otherwise modify the terms and conditions of the Tax Sharing Agreement except to
the extent that any such amendment, supplement or modification could not
reasonably be expected to have a Material Adverse Effect.

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          (f) Notwithstanding the foregoing, so long as no Default or Event of
Default has occurred and is continuing or would result therefrom, the Parent
Borrower shall be permitted to make optional payments in respect of the
Second-Lien Term Loans or the Senior Notes and Indebtedness of Foreign
Subsidiaries incurred pursuant to subsection 8.2(q); provided that the aggregate
amount of optional payments made pursuant to this paragraph (f), when aggregated
with (i) all Guarantee Obligations outstanding pursuant to subsection 8.4(o),
(ii) all cash dividends paid pursuant to paragraph 8.7(k), (iii) all Investments
(determined as the amount originally advanced, loaned or otherwise invested,
less any returns on the respective Investment not to exceed the original amount
invested) pursuant to paragraphs 8.8(k) and (o) and (iv) all cash consideration
paid in respect of acquisitions pursuant to paragraph 8.9(b)(iii), do not at any
time exceed $100,000,000 in the aggregate.

          (g) Notwithstanding the foregoing, the Parent Borrower shall be
permitted to redeem outstanding Senior Notes with the proceeds received
(directly or indirectly) by the Parent Borrower from equity issuances by any
Parent Entity of its Capital Stock in connection with the exercise by the Parent
Borrower and RSC of their right to redeem Senior Notes with proceeds of such
equity issuances pursuant to the Senior Note Indenture.

          8.14 Limitation on Changes in Fiscal Year. Permit the Fiscal Year of
Holdings, the Parent Borrower or RSC to end on a day other than December 31.

          8.15 Limitation on Negative Pledge Clauses. Enter into with any Person
any agreement which prohibits or limits the ability of Holdings or any of its
Subsidiaries (other than any Foreign Subsidiaries or Subsidiaries thereof) to
create, incur, assume or suffer to exist any Lien in favor of the Lenders in
respect of obligations and liabilities under this Agreement or any other Loan
Documents upon any of its property, assets or revenues, whether now owned or
hereafter acquired, other than (a) this Agreement, the other Loan Documents and
any related documents, the Senior Note Documents, or the Second-Lien Term Loan
Documents, (b) any industrial revenue or development bonds, purchase money
mortgages, acquisition agreements or Financing Leases permitted by this
Agreement (in which cases, any prohibition or limitation shall only be effective
against the assets financed or acquired thereby), or (c) operating leases of
real property entered into in the ordinary course of business.

          8.16 Limitation on Lines of Business. (a) Enter into any business,
either directly or through any Subsidiary or otherwise, except for those
businesses of the same general type as those in which the Parent Borrower and
its Subsidiaries are engaged on the Closing Date or which are reasonably related
thereto.

          (b) In the case of any Foreign Subsidiary Holdco, (x) own any material
assets other than securities or Indebtedness of one or more Foreign Subsidiaries
and other assets relating to an ownership interest in any such securities,
Indebtedness or Subsidiaries or (y) incur or become liable for any Indebtedness
for borrowed money to any Person other than the Parent Borrower or a Subsidiary
of the Parent Borrower, any other material Indebtedness to any Person other than
the Parent Borrower or a Subsidiary of the Parent Borrower or any Guarantee
Obligations of any Indebtedness (other than of any Foreign Subsidiary or any
Subsidiary of any Foreign Subsidiary), in each case except pursuant to
subsections 8.2(a) and 8.4(k).

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          (c) Holdings will not (i) engage at any time in any business or
business activity, other than (A) its ownership of all outstanding Capital Stock
issued by the Parent Borrower, (B) actions incidental to the consummation of the
Transaction, (C) actions required by law to maintain its existence or to engage
in the business or business activities described in clause (A) above, (D) the
payment of dividends and taxes and (E) activities incidental to its maintenance
and continuance and to the foregoing activities; (ii) own any material assets
other than those relating to the business and business activities described in
clause (i) above; and (iii) incur any Indebtedness other than Indebtedness
arising from Investments made pursuant to subsection 8.8(f)(iii) and any
Indebtedness incurred pursuant to this Agreement, the other Loan Documents and
the Second-Lien Term Loan Documents, (iv) merge or consolidated with or into any
other Person or (v) incur or assume any Lien on its property, assets or
revenues, except Liens created pursuant to the Security Documents or the
Second-Lien Term Loan Documents.

          (d) From and after the creation thereof, Canadian Finco will not (i)
engage at any time in any business activity, other than (A) its ownership of or
disposition to RSC of, outstanding capital stock issued by RSC Canada and any
debt securities or note payables, in each case issued by RSC Canada, (B) actions
required by law to maintain its existence or to engage in the business or
business activities described in clause (A) above, (C) the payment of dividends
and taxes and (D) activities incidental to its maintenance and continuance and
to the foregoing activities (including, without limitation, paying guarantee
fees to Holdings or any Subsidiary Guarantor and entering into foreign currency
swaps); (ii) own any material assets other than those relating to the business
and business activities described in clause (i) above; and (iii) incur any
Indebtedness other than Indebtedness incurred pursuant to, or permitted by, this
Agreement, (iv) merge or consolidate with or into any other Person, other than
mergers or consolidations with U.S. Borrowers to the extent permitted by
subsection 8.5 or (v) incur or assume any Lien on its property, assets or
revenues.

          8.17 Limitations on Currency, Commodity and Other Hedging
Transactions. Enter into, purchase or otherwise acquire agreements or
arrangements relating to currency, commodity or other hedging except, to the
extent and only to the extent that, such agreements or arrangements are entered
into, purchased or otherwise acquired in the ordinary course of business of the
Parent Borrower or any of its Subsidiaries with reputable financial institutions
or vendors and not for purposes of speculation (any such agreement or
arrangement permitted by this subsection, a “Permitted Hedging Arrangement”).

          Section 9. Events of Default. If any of the following events shall
occur and be continuing:

     (a) any Borrower shall fail to pay any principal of any Loan (or face
amount of any Bankers’ Acceptance Loan) or any Reimbursement Obligation
when due in accordance with the terms hereof (whether at stated maturity,
by mandatory prepayment or otherwise); or any Borrower shall fail to pay
any interest or BA Fee on any Loan, or any other amount payable hereunder,
within five days after any such interest or BA Fee or other amount becomes
due in accordance with the terms hereof; or

     (b) any representation or warranty made or deemed made by any Loan
Party herein or in any other Loan Document (or in any amendment,
modification or supplement

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hereto or thereto) or which is contained in any certificate furnished at
any time by or on behalf of any Loan Party pursuant to this Agreement or
any such other Loan Document shall prove to have been incorrect in any
material respect on or as of the date made or deemed made; or

     (c) any Loan Party shall default in the observance or performance of
any agreement contained in subsections 4.16, 7.2(f) (after one Business Day
grace period), 7.4 (with respect to maintenance of existence) 7.5, 7.6,
7.7(a) or Section 8 of this Agreement, Section 5.2.2 of the U.S. Guarantee
and Collateral Agreement or Section 5.2.2 of the Canadian Guarantee and
Collateral Agreement; provided that, in the case of a default in the
observance or performance of its obligations under subsection 7.7(a)
hereof, such default shall have continued unremedied for a period of two
days after a Responsible Officer of the Parent Borrower shall have
discovered or should have discovered such default; and provided, further,
that if (x) any such failure with respect to subsections 4.16, 7.4, 7.5 or
7.6 is of a type that can be cured within five Business Days and (y) such
Default could not materially adversely impact the Lenders’ Liens on the
Collateral, such failure shall not constitute an Event of Default for five
Business Days after the occurrence thereof so long as the Loan Parties are
diligently pursuing the cure of such failure; or

     (d) any Loan Party shall default in the observance or performance of
any other agreement contained in this Agreement or any other Loan Document
(other than as provided in paragraphs (a) through (c) of this Section 9),
and such default shall continue unremedied for a period ending on the
earlier of (i) the date 32 days after a Responsible Officer of Holdings
shall have discovered or should have discovered such default and (ii) the
date 15 days after written notice has been given to any Credit Agreement
Party by the U.S. Administrative Agent or the Required Lenders; or

     (e) Holdings or any of its Subsidiaries shall (i) default in (x) any
payment of principal of or interest on any Indebtedness (excluding the
Loans and the Reimbursement Obligations) in excess of $50,000,000 or (y) in
the payment of any Guarantee Obligation in excess of $50,000,000, beyond
the period of grace (not to exceed 30 days), if any, provided in the
instrument or agreement under which such Indebtedness or Guarantee
Obligation was created; or (ii) default in the observance or performance of
any other agreement or condition relating to any Indebtedness (excluding
the Loans and the Reimbursement Obligations) or Guarantee Obligation
referred to in clause (i) above or contained in any instrument or agreement
evidencing, securing or relating thereto, or any other event shall occur or
condition exist, the effect of which default or other event or condition is
to cause, or to permit the holder or holders of such Indebtedness or
beneficiary or beneficiaries of such Guarantee Obligation (or a trustee or
agent on behalf of such holder or holders or beneficiary or beneficiaries)
to cause, with the giving of notice or lapse of time if required, such
Indebtedness to become due prior to its stated maturity or such Guarantee
Obligation to become payable (an “Acceleration”), and such time shall have
lapsed and, if any notice (a “Default Notice”) shall be required to
commence a grace period or declare the occurrence of an event of default
before notice of Acceleration may be delivered, such Default Notice shall
have been given; or

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     (f) if (i) any Loan Party or any Material Subsidiaries shall commence
any case, proceeding or other action (A) under any existing or future law
of any jurisdiction, domestic or foreign, relating to bankruptcy,
insolvency, reorganization or relief of debtors, seeking to have an order
for relief entered with respect to it, or seeking to adjudicate it a
bankrupt or insolvent, or seeking reorganization, arrangement, adjustment,
winding-up, liquidation, dissolution, composition or other relief with
respect to it or its debts, or (B) seeking appointment of a receiver,
interim receiver, receivers, receiver and manager, trustee, custodian,
monitor, conservator or other similar official for it or for all or any
substantial part of its assets, or any Loan Party or any Material
Subsidiaries shall make a general assignment for the benefit of its
creditors; or (ii) there shall be commenced against any Loan Party or any
Material Subsidiaries any case, proceeding or other action of a nature
referred to in clause (i) above which (A) results in the entry of an order
for relief or any such adjudication or appointment or (B) remains
undismissed, undischarged, unstayed or unbonded for a period of 60 days; or
(iii) there shall be commenced against any Loan Party or any Material
Subsidiaries any case, proceeding or other action seeking issuance of a
warrant of attachment, execution, distraint or similar process against all
or any substantial part of its assets which results in the entry of an
order for any such relief which shall not have been vacated, discharged,
stayed or bonded pending appeal within 60 days from the entry thereof; or
(iv) any Loan Party or any Material Subsidiaries shall take any corporate
action in furtherance of, or indicating its consent to, approval of, or
acquiescence in, any of the acts set forth in clause (i), (ii), or (iii)
above; or (v) any Loan Party or any Material Subsidiaries shall be
generally unable to, or shall admit in writing its general inability to,
pay its debts as they become due; or

     (g) any Person shall engage in any “prohibited transaction” (as
defined in Section 406 of ERISA or Section 4975 of the Code) involving any
Plan, (ii) any “accumulated funding deficiency” (as defined in Section 302
of ERISA), whether or not waived, shall exist with respect to any Plan or
any Lien in favor of the PBGC, a Plan or Foreign Plan shall arise on the
assets of Holdings or its Subsidiaries any Commonly Controlled Entity,
(iii) a Reportable Event shall occur with respect to, or proceedings shall
commence to have a trustee appointed, or a trustee shall be appointed, to
administer or to terminate, any Single Employer Plan, which Reportable
Event or commencement of proceedings or appointment of a trustee is in the
reasonable opinion of the U.S. Administrative Agent likely to result in the
termination of such Plan for purposes of Title IV of ERISA, (iv) any Single
Employer Plan shall terminate for purposes of Title IV of ERISA other than
a standard termination pursuant to Section 4041(b) of ERISA, (v) Holdings
or its Subsidiaries or any Commonly Controlled Entity shall, or in the
reasonable opinion of the U.S. Administrative Agent is reasonably likely
to, incur any liability in connection with a withdrawal from, or the
Insolvency or Reorganization of, any Multiemployer Plan or Foreign Plan, or
(vi) any other event or condition shall occur or exist with respect to a
Plan; and in each case in clauses (i) through (vi) above, such event or
condition, together with all other such events or conditions, if any, could
be reasonably expected to result in a Material Adverse Effect; or

     (h) one or more judgments or decrees shall be entered against Holdings
or any of its Subsidiaries involving in the aggregate at any time a
liability (net of any insurance or indemnity payments actually received in
respect thereof prior to or within 60 days

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from the entry thereof, or to be received in respect thereof in the event
any appeal thereof shall be unsuccessful) of $50,000,000 or more, and all
such judgments or decrees shall not have been vacated, discharged, stayed
or bonded pending appeal within 60 days from the entry thereof; or

     (i) the Lien created by any of the Security Documents shall cease to
be perfected and enforceable in accordance with its terms or of the same
effect as to perfection and priority purported to be created thereby with
respect to any significant portion of the Collateral (other than in
connection with any termination of such Lien in respect of any Collateral
as permitted hereby or by any Security Document), and such failure of such
Lien to be perfected and enforceable with such priority shall have
continued unremedied for a period of 20 days; or

     (j) any Loan Document shall cease for any reason to be in full force
and effect (other than pursuant to the terms hereof or thereof) or any Loan
Party shall so assert in writing; or

     (k) a Change of Control shall have occurred;

then, and in any such event, (A) if such event is an Event of Default specified
in clause (i) or (ii) of paragraph (f) above with respect to any Borrower,
automatically the Commitments, if any, shall immediately terminate and the Loans
hereunder (with accrued interest thereon) and all other amounts owing under this
Agreement (including the aggregate face amounts of Bankers’ Acceptance Loans and
all amounts of L/C Obligations, whether or not the beneficiaries of the then
outstanding Letters of Credit shall have presented the documents required
thereunder and whether or not the Bankers’ Acceptance Loans have matured) shall
immediately become due and payable, and (B) if such event is any other Event of
Default (or in the case of clause (iii) below, any Event of Default), any of the
following actions may be taken: (i) with the consent of the Required Lenders,
the U.S. Administrative Agent may, or upon the request of the Required Lenders
the U.S. Administrative Agent shall, by notice to the Parent Borrower, declare
the Commitments to be terminated forthwith, whereupon the Commitments, if any,
shall immediately terminate; (ii) with the consent of the Required Lenders, the
U.S. Administrative Agent may, or upon the request of the Required Lenders, the
U.S. Administrative Agent shall, by notice to the Parent Borrower, declare the
Loans hereunder (with accrued interest thereon) and all other amounts owing
under this Agreement (including the aggregate face amount of all Bankers’
Acceptance Loans and all amounts of L/C Obligations, whether or not the
beneficiaries of the then outstanding Letters of Credit shall have presented the
documents required thereunder and whether or not the Bankers’ Acceptance Loans
have matured) to be due and payable forthwith, whereupon the same shall
immediately become due and payable and (iii) the Collateral Agents may enforce
all of the Liens and security interests created by the respective Security
Documents.

          In the case of all U.S. RCF Letters of Credit with respect to which
presentment for honor shall not have occurred at the time of an acceleration
pursuant to this paragraph, the applicable U.S. Borrower shall at such time
deposit in a cash collateral account opened by the U.S. Administrative Agent an
amount in immediately available funds equal to the aggregate then undrawn and
unexpired amount of such U.S. RCF Letters of Credit (and each U.S. Borrower

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hereby grants to the U.S. Collateral Agent, for the ratable benefit of the
applicable Secured Parties, a continuing security interest in all amounts at any
time on deposit in such cash collateral account to secure the undrawn and
unexpired amount of such U.S. RCF Letters of Credit and all other obligations
under the Loan Documents of the US Borrowers). In the case of all Canadian RCF
Letters of Credit with respect to which presentment for honor shall not have
occurred at the time of an acceleration pursuant to this paragraph, the
applicable Canadian Borrower shall at such time deposit in a cash collateral
account opened by the applicable Agent an amount in immediately available funds
equal to the aggregate then undrawn and unexpired amount of such Canadian RCF
Letters of Credit (and the Canadian Borrowers hereby grant to the Canadian
Collateral Agent, for the ratable benefit of the applicable Secured Parties, a
continuing security interest in all amounts at any time on deposit in such cash
collateral account to secure the undrawn and unexpired amount of such Canadian
RCF Letters of Credit and all other obligations of such Canadian Borrowers under
the Loan Documents). If at any time the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, determines that any funds held in
any such cash collateral account are subject to any right or claim of any Person
other than the U.S. Collateral Agent or the Canadian Collateral Agent, as
applicable, and the applicable Secured Parties, or that the total amount of such
funds is less than the aggregate undrawn and unexpired amount of outstanding
U.S. RCF Letters of Credit or Canadian RCF Letters of Credit, as applicable, the
applicable Borrowers, shall, forthwith upon demand by the U.S. Administrative
Agent or the Canadian Administrative Agent, as applicable, pay to the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable, as
additional funds to be deposited and held in such cash collateral account, an
amount equal to the excess of (a) such aggregate undrawn and unexpired amount
over (b) the total amount of funds, if any, then held in such cash collateral
account that the U.S. Administrative Agent or the Canadian Administrative Agent,
as applicable, determines to be free and clear of any such right and claim.
Amounts held in any such cash collateral account with respect to U.S. RCF
Letters of Credit shall be applied by the U.S. Administrative Agent to the
payment of drafts drawn under such U.S. RCF Letters of Credit, and the unused
portion thereof after all such U.S. RCF Letters of Credit shall have expired or
been fully drawn upon, if any, shall be applied to repay other obligations of
the Loan Parties hereunder and under the other Loan Documents. Amounts held in
any such cash collateral account with respect to Canadian RCF Letters of Credit
shall be applied by the applicable Agent to the payment of drafts drawn under
such Canadian RCF Letters of Credit, and the unused portion thereof after all
such Canadian RCF Letters of Credit shall have expired or been fully drawn upon,
if any, shall be applied to repay other obligations of the Loan Parties
hereunder and under the other Loan Documents. After all such Letters of Credit
shall have expired or been fully drawn upon, all Reimbursement Obligations shall
have been satisfied and all other obligations of the Loan Parties hereunder and
under the other Loan Documents shall have been paid in full, the balance, if
any, in such cash collateral account shall be returned to the applicable
Borrower (or such other Person as may be lawfully entitled thereto).
Notwithstanding anything to the contrary in this Agreement or any other Loan
Document, no Lender in its capacity as a Secured Party or as beneficiary of any
security granted pursuant to the Security Documents shall have any right to
exercise remedies in respect of such security without the prior written consent
of the Required Lenders.

          Except as expressly provided above in this Section 9.1, presentment,
demand, protest and all other notices of any kind are hereby expressly waived.

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          Section 10. The Agents And The Lead Arrangers.

          10.1 Appointment. (a) Each Lender hereby irrevocably designates and
appoints the Agents as the agents of such Lender under this Agreement and the
other Loan Documents, and each such Lender irrevocably authorizes each agent, in
such capacity, to take such action on its behalf under the provisions of this
Agreement and the other Loan Documents and to exercise such powers and perform
such duties as are expressly delegated to or required of such Agent by the terms
of this Agreement and the other Loan Documents, together with such other powers
as are reasonably incidental thereto. Notwithstanding any provision to the
contrary elsewhere in this Agreement, the Agents and the Lead Arrangers shall
not have any duties or responsibilities, except, in the case of each
Administrative Agent, each Collateral Agent and the Issuing Lender, those
expressly set forth herein, or any fiduciary relationship with any Lender, and
no implied covenants, functions, responsibilities, duties, obligations or
liabilities shall be read into this Agreement or any other Loan Document or
otherwise exist against any Agent or the Lead Arrangers. Each of the Agents may
perform any of their respective duties under this Agreement, the other Loan
Documents and any other instruments and agreements referred to herein or therein
by or through its respective officers, directors, agents, employees or
affiliates (it being understood and agreed, for avoidance of doubt and without
limiting the generality of the foregoing, that the U.S. Administrative Agent,
the U.S. Collateral Agent, the Canadian Administrative Agent and the Canadian
Collateral Agent may perform any of their respective duties under the Security
Documents by or through one or more of their respective affiliates).

          (b) For greater certainty, and without limiting the powers of the
Agents or any other Person acting as an agent, attorney-in-fact or mandatory for
the Agents under this Agreement or under any of the Loan Documents, each Lender
(for itself and for all other Secured Parties that are Affiliates of such
Lender) and each Agent hereby (i) irrevocably appoints and constitutes (to the
extent necessary) and confirms the constitution of (to the extent necessary),
the Canadian Collateral Agent as the holder of an irrevocable power of attorney
(in such capacity, the “fondé de pouvoir”) within the meaning of Article 2692 of
the Civil Code of Québec for the purposes of entering and holding on their
behalf, and for their benefit, any Liens, including hypothecs (“Hypothecs”),
granted or to be granted by any Loan Party on movable or immovable property
pursuant to the laws of the Province of Québec to secure obligations of any Loan
Party under any bond issued by any Loan Party and exercising such powers and
duties which are conferred upon the Canadian Collateral Agent in its capacity as
fondé de pouvoir under any of the Hypothecs; and (ii) appoints (and confirms the
appointment of) and agrees that the Canadian Administrative Agent, acting as
agent for the applicable Secured Parties, may act as the custodian, registered
holder and mandatory (in such capacity, the “Custodian”) with respect to any
bond that may be issued and pledged from time to time for the benefit of the
applicable Secured Parties. Each applicable Secured Party shall be entitled to
the benefits of any charged property covered by any of the Hypothecs and will
participate in the proceeds of realization of any such charged property, the
whole in accordance with the terms thereof.

          (c) The said constitution of the Canadian Collateral Agent as fondé de
pouvoir (within the meaning of Article 2692 of the Civil
Code of Québec) and of
the Canadian Administrative Agent as Custodian with respect to any bond that may
be issued and pledged by any Loan Party from time to time for the benefit of the
applicable Secured Parties shall be

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deemed to have been ratified and confirmed by any Assignee by the execution of
an Assignment and Acceptance.

          (d) Notwithstanding the provisions of Section 32 of An Act Respecting
the Special Powers of Legal Persons (Québec), each Administrative Agent and each
Collateral Agent may purchase, acquire and be the holder of any bond issued by
any Loan Party. Each of the Loan Parties hereby acknowledges that any such bond
shall constitute a title of indebtedness, as such term is used in Article 2692
of the Civil Code of Québec.

          (e) The Canadian Collateral Agent herein appointed as fondé de pouvoir
and Custodian shall have the same rights, powers and immunities as the Agents as
stipulated in this Section 10 of the Credit Agreement, which shall apply mutatis
mutandis. Without limiting the effect of the preceding provisions of this clause
(e), the provisions of subsection 9.9 shall apply mutatis mutandis to the
resignation and appointment of a successor to the Canadian Collateral Agent
acting as fondé de pouvoir and Custodian.

          10.2 Delegation of Duties. In performing its functions and duties
under this Agreement, each Agent shall act solely as agent for the Lenders and,
as applicable, the other Secured Parties, and no Agent assumes any (and shall
not be deemed to have assumed any) obligation or relationship of agency or trust
with or for Holdings or any of its Subsidiaries. Each Agent may execute any of
its duties under this Agreement and the other Loan Documents by or through
agents or attorneys-in-fact (including, without limitation, the Canadian
Administrative Agent in the case of the U.S. Administrative Agent and the U.S.
Administrative Agent in the case of the Canadian Administrative Agent, the
Canadian Collateral Agent in the case of the U.S. Collateral Agent, the U.S.
Collateral Agent in the case of the Canadian Collateral Agent, the U.S.
Collateral Agent in the case of the U.S. Administrative Agent and the Canadian
Collateral Agent in the case of the Canadian Administrative Agent), and shall be
entitled to advice of counsel concerning all matters pertaining to such duties.
No Agent shall be responsible for the negligence or misconduct of any agents or
attorneys-in-fact or counsel selected by it with reasonable care.

          10.3 Exculpatory Provisions. No Agent, Lead Arranger or any of their
respective officers, directors, employees, agents, attorneys-in-fact or
Affiliates shall be (a) liable for any action taken or omitted to be taken by
such Person under or in connection with this Agreement or any other Loan
Document (except for the gross negligence or willful misconduct of such Person
or any of its officers, directors, employees, agents, attorneys-in-fact or
Affiliates (as determined in a final non-appealable decision issued by a court
of competent jurisdiction)) or (b) responsible in any manner to any of the
Lenders for (i) any recitals, statements, representations or warranties made by
any Credit Agreement Party or any other Loan Party or any officer thereof
contained in this Agreement or any other Loan Document or in any certificate,
report, statement or other document referred to or provided for in, or received
by the Agents or any Lead Arranger under or in connection with, this Agreement
or any other Loan Document, (ii) for the value, validity, effectiveness,
genuineness, enforceability or sufficiency of this Agreement or any Notes or any
other Loan Document, (iii) for any failure of any Credit Agreement Party or any
other Loan Party to perform its obligations hereunder or under any other Loan
Document, (iv) the performance or observance of any of the terms, provisions or
conditions of this Agreement or any other Loan Document, (v) the satisfaction of
any of the conditions

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precedent set forth in Section 6, or (vi) the existence or possible existence of
any Default or Event of Default. Neither the Agents nor any Lead Arranger shall
be under any obligation to any Lender to ascertain or to inquire as to the
observance or performance of any of the agreements contained in, or conditions
of, this Agreement or any other Loan Document, or to inspect the properties,
books or records of any Credit Agreement Party or any other Loan Party. Each
Lender agrees that, except for notices, reports and other documents expressly
required to be furnished to the Lenders by either Administrative Agent hereunder
or given to the Agents for the account of or with copies for the Lenders, the
Agents and the Lead Arrangers shall not have any duty or responsibility to
provide any Lender with any credit or other information concerning the business,
operations, property, condition (financial or otherwise), prospects or
creditworthiness of Holdings, any Borrower or any other Loan Party which may
come into the possession of the Agents and the Lead Arrangers or any of their
respective officers, directors, employees, agents, attorneys-in-fact or
Affiliates.

          10.4 Reliance by Agents. Each Agent shall be entitled to rely, and
shall be fully protected (and shall have no liability to any Person) in relying,
upon any writing, resolution, notice, consent, certificate, affidavit, letter,
telecopy, telex or teletype message, statement, order or other document or
conversation believed by it to be genuine and correct and to have been signed,
sent or made by the proper Person or Persons and upon advice and statements of
legal counsel (including counsel to any Credit Agreement Party), independent
accountants and other experts selected by each Agent. The Agents may deem and
treat the payee of any Note as the owner thereof for all purposes unless such
Note shall have been transferred in accordance with subsection 11.6 and all
actions required by such Section in connection with such transfer shall have
been taken. Any request, authority or consent of any Person or entity who, at
the time of making such request or giving such authority or consent, is the
holder of any Note shall be conclusive and binding on any subsequent holder,
transferee, assignee or endorsee, as the case may be, of such Note or of any
Note or Notes issued in exchange therefor. Each Agent shall be fully justified
as between itself and the Lenders in failing or refusing to take any action
under this Agreement or any other Loan Document unless it shall first receive
such advice or concurrence of the Required Lenders and/or such other requisite
percentage of the Lenders as is required pursuant to subsection 11.1(a) as it
deems appropriate or it shall first be indemnified to its satisfaction by the
Lenders against any and all liability and expense which may be incurred by it by
reason of taking or continuing to take any such action. Each Agent shall in all
cases be fully protected in acting, or in refraining from acting, under this
Agreement and any Notes and the other Loan Documents in accordance with a
request of the Required Lenders and/or such other requisite percentage of the
Lenders as is required pursuant to subsection 11.1(a), and such request and any
action taken or failure to act pursuant thereto shall be binding upon all the
Lenders and all future holders of the Loans.

          10.5 Notice of Default. No Agent shall be deemed to have knowledge or
notice of the occurrence of any Default or Event of Default hereunder unless the
U.S. Administrative Agent has received notice from a Lender or any Credit
Agreement Party referring to this Agreement, describing such Default or Event of
Default and stating that such notice is a “notice of default”. In the event that
the U.S. Administrative Agent receives such a notice, the U.S. Administrative
Agent shall give prompt notice thereof to the Lenders. The Agents shall take
such action reasonably promptly with respect to such Default or Event of Default
as shall be directed by the Required Lenders and/or such other requisite
percentage of the Lenders as is

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required pursuant to subsection 11.1 (a); provided that unless and until the
Agents shall have received such directions, the Agents may (but shall not be
obligated to) take such action, or refrain from taking such action, with respect
to such Default or Event of Default as it shall deem advisable in the best
interests of the Lenders.

          10.6 Acknowledgements and Representations by Lenders. Each Lender
expressly acknowledges that none of the Agents or the Lead Arrangers nor any of
their officers, directors, employees, agents, attorneys-in-fact or Affiliates
has made any representations or warranties to it and that no act by any Agent or
any Lead Arranger hereafter taken, including any review of the affairs of any
Credit Agreement Party or any other Loan Party, shall be deemed to constitute
any representation or warranty by such Agent or such Lead Arranger to any
Lender. Each Lender represents to the Agents, the Lead Arrangers and each of the
Loan Parties that, independently and without reliance upon the any Agent, the
Lead Arrangers or any other Lender, and based on such documents and information
as it has deemed appropriate, it has made and will make, its own appraisal of
and investigation into the business, operations, property, financial and other
condition and creditworthiness of Holdings and its Subsidiaries, it has made its
own decision to make its Loans hereunder and enter into this Agreement and it
will make its own decisions in taking or not taking any action under this
Agreement and the other Loan Documents and, except as expressly provided in this
Agreement, neither the Agents nor any Lead Arranger shall have any duty or
responsibility, either initially or on a continuing basis, to provide any Lender
or the holder of any Note with any credit or other information with respect
thereto, whether coming into its possession before the making of the Loans or at
any time or times thereafter. Each Lender represents to each other party hereto
that it is a bank, savings and loan association or other similar savings
institution, insurance company, investment fund or company or other financial
institution which makes or acquires commercial loans in the ordinary course of
its business, that it is participating hereunder as a Lender for such commercial
purposes, and that it has the knowledge and experience to be and is capable of
evaluating the merits and risks of being a Lender hereunder. Each Lender
acknowledges and agrees to comply with the provisions of subsection 11.6
applicable to the Lenders hereunder.

          10.7 Indemnification. (a) The Lenders agree to indemnify each Agent
(or any Affiliate thereof) (to the extent not reimbursed by any Borrower or any
other Loan Party and without limiting the joint and several obligations of the
U.S. Borrower or the Canadian Borrowers, as the case may be, to do so), ratably
according to their respective “percentage” as used in determining the Required
Lenders (determined as if there were no Defaulting Lenders) in effect on the
date on which indemnification is sought under this subsection, from and against
any and all liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements of any kind whatsoever which
may at any time (including at any time following the payment of the Loans and/or
all other amounts payable hereunder) be imposed on, incurred by or asserted
against such Agent (or any Affiliate thereof) in any way relating to or arising
out of this Agreement, any of the other Loan Documents or the transactions
contemplated hereby or thereby or any action taken or omitted by any Agent (or
any Affiliate thereof) under or in connection with any of the foregoing;
provided that no Lender shall be liable for the payment of any portion of such
liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements to the extent arising from such Agent’s gross
negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction). The obligations to
indemnify the Issuing Lender and Swing Line

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Lender shall be ratable among the RCF Lenders in accordance with their
respective RCF Commitments (or, if the RCF Commitments have been terminated, the
outstanding principal amount of their respective RCF Loans and L/C Obligations
and their respective participating interests in the outstanding Letters of
Credit and shall be payable only by the RCF Lenders). The agreements in this
subsection shall survive the payment of the Loans and all other amounts payable
hereunder.

          (b) Any Agent shall be fully justified in failing or refusing to take
any action hereunder and under any other Loan Document (except actions expressly
required to be taken by it hereunder or under the Loan Documents) unless it
shall first be indemnified to its satisfaction by the Lenders pro rata against
any and all liability, cost and expense that it may incur by reason of taking or
continuing to take any such action.

          (c) The agreements in this subsection 10.7 shall survive the payment
of all Borrower Obligations (as defined in the U.S. Guarantee and Collateral
Agreement) and Guarantor Obligations.

          10.8 Agents and Lead Arrangers in Their Individual Capacity. Each
Agent, the Lead Arrangers and their Affiliates may make loans to, accept
deposits from and generally engage in any kind of business with any Credit
Agreement Party or any other Loan Party as though such Agent and the Lead
Arrangers were not an Agent or an Lead Arranger hereunder and under the other
Loan Documents. With respect to Loans made or renewed by them and any Note
issued to them and with respect to any Letter of Credit issued or participated
in by them, each Agent and the Lead Arrangers shall have the same rights and
powers under this Agreement and the other Loan Documents as any Lender and may
exercise the same as though they were not an Agent or an Lead Arranger, and the
terms “Lender” and “Lenders” shall include the Agents and the Lead Arrangers in
their individual capacities.

          10.9 Collateral Matters. (a) Each Lender authorizes and directs the
U.S. Collateral Agent to enter into the Security Documents and the Intercreditor
Agreement for the benefit of the Lenders and the other Secured Parties. Each
Lender hereby agrees, and each holder of any Note or participant in Letters of
Credit by the acceptance thereof will be deemed to agree, that, except as
otherwise set forth herein, any action taken by the U.S. Collateral Agent or the
Required Lenders in accordance with the provisions of this Agreement, the
Security Documents or the Intercreditor Agreement, and the exercise by the
Agents or the Required Lenders of the powers set forth herein or therein,
together with such other powers as are reasonably incidental thereto, shall be
authorized and binding upon all of the Lenders. The U.S. Collateral Agent is
hereby authorized on behalf of all of the Lenders, without the necessity of any
notice to or further consent from any Lender, from time to time, to take any
action with respect to any Collateral or Security Documents which may be
necessary to perfect and maintain perfected the security interest in and liens
upon the Collateral granted pursuant to the Security Documents.

          (b) The Lenders hereby authorize the applicable Administrative Agent
and Collateral Agent, in each case at its option and in its discretion, to
release any Lien granted to or held by such Agent upon any Collateral (i) upon
termination of the Commitments and payment and satisfaction of all of the
obligations under the Loan Documents at any time arising under or

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in respect of this Agreement or the Loan Documents or the transactions
contemplated hereby or thereby, (ii) constituting property being sold or
otherwise disposed of (to Persons other than a Loan Party) upon the sale or
other disposition thereof in compliance with subsection 8.6, (iii) if approved,
authorized or ratified in writing by the Required Lenders (or such greater
amount, to the extent required by subsection 11.1) or (iv) as otherwise may be
expressly provided in the relevant Security Documents. Upon request by the U.S.
Administrative Agent, the U.S. Collateral Agent, the Canadian Administrative
Agent or the Canadian Collateral Agent, at any time, the Lenders will confirm in
writing such Agent’s authority to release particular types or items of
Collateral pursuant to this subsection 10.9.

          (c) No Agent shall have any obligation whatsoever to the Lenders to
assure that the Collateral exists or is owned by Holdings or any of its
Subsidiaries or is cared for, protected or insured or that the Liens granted to
any Agent herein or pursuant hereto have been properly or sufficiently or
lawfully created, perfected, protected or enforced or are entitled to any
particular priority, or to exercise or to continue exercising at all or in any
manner or under any duty of care, disclosure or fidelity any of the rights,
authorities and powers granted or available to the Agents in this subsection
10.9 or in any of the Security Documents, it being understood and agreed that in
respect of the Collateral, or any act, omission or event related thereto, each
Agent may act in any manner it may deem appropriate, in its sole discretion,
given such Agent’s own interest in the Collateral as Lender and that no Agent
shall have any duty or liability whatsoever to the Lenders, except for its gross
negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction).

          (d) The U.S. Collateral Agent may, and hereby does, appoint the U.S.
Administrative Agent as its agent for the purposes of holding any Collateral
and/or perfecting the U.S. Collateral Agent’s security interest therein and for
the purpose of taking such other action with respect to the collateral as such
Agents may from time to time agree. The Canadian Collateral Agent may, and
hereby does, appoint the Canadian Administrative Agent as its agent for the
purposes of holding any Collateral and/or perfecting the Canadian Collateral
Agent’s security interest therein and for the purpose of taking such other
action with respect to the collateral as such Agents may from time to time
agree.

          10.10 Successor Agent. (a) Each Administrative Agent may resign from
the performance of all its respective functions and duties hereunder and/or
under the other Loan Documents at any time by giving 30 days’ prior written
notice to the Lenders and the Parent Borrower. Any such resignation by an
Administrative Agent hereunder shall also constitute its resignation as
Collateral Agent, if applicable. Such resignation shall take effect upon the
appointment of a successor Administrative Agent and Collateral Agent, if
applicable, pursuant to clauses (b) and (c) below or as otherwise provided
below.

          (b) Upon any such notice of resignation by an Administrative Agent,
the Required Lenders shall appoint a successor Administrative Agent and
Collateral Agent, if applicable, hereunder or thereunder who shall be a
commercial bank or trust company reasonably acceptable to the Borrowers, which
acceptance shall not be unreasonably withheld or delayed (provided that the
Borrowers’ approval shall not be required if an Event of Default then exists).

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          (c) If a successor Administrative Agent and Collateral Agent, if
applicable, shall not have been so appointed within such 30 day period, such
Administrative Agent, with the consent of the Borrowers (which consent shall not
be unreasonably withheld or delayed, provided that the Borrowers’ consent shall
not be required if an Event of Default then exists), shall then appoint a
successor Administrative Agent and Collateral Agent, if applicable, who shall
serve as the U.S. Administrative Agent or Canadian Administrative Agent, as the
case may be, and U.S. Collateral Agent or Canadian Collateral Agent, if
applicable, hereunder or thereunder until such time, if any, as the Required
Lenders appoint a successor U.S. Administrative Agent or Canadian Administrative
Agent, as the case may be, and U.S. Collateral Agent or Canadian Collateral
Agent, if applicable, as provided above.

          (d) If no successor Administrative Agent has been appointed pursuant
to clause (b) or (c) above by the 15th day after the date such notice of
resignation was given by any Administrative Agent, such Administrative Agent’s
resignation shall become effective and the Required Lenders shall thereafter
perform all the duties of the U.S. Administrative Agent or Canadian
Administrative Agent, as the case may be, hereunder and/or under any other Loan
Document until such time, if any, as the Required Lenders appoint a successor
U.S. Administrative Agent or Canadian Administrative Agent, as the case may be,
as provided above.

          (e) Upon a resignation of any Administrative Agent pursuant to this
subsection 10.10, such Administrative Agent shall remain indemnified to the
extent provided in this Agreement and the other Loan Documents and the
provisions of this Section 10 (and the analogous provisions of the other Loan
Documents) shall continue in effect for the benefit of such Administrative Agent
for all of its actions and inactions while serving as such Administrative Agent.

          10.11 Lead Arrangers and Syndication Agent. Neither the Syndication
Agent, nor any of the entities identified as joint bookrunners and joint lead
arrangers pursuant to the definition of Lead Arranger contained herein, shall
have any duties or responsibilities hereunder or under any other Loan Document
in its capacity as such.

          10.12 Swing Line Lender. The provisions of this Section 10 shall apply
to the Swing Line Lender in its capacity as such to the same extent that such
provisions apply to the U.S. Administrative Agent.

          10.13 Withholding Tax. To the extent required by any applicable law,
each Agent may withhold from any payment to any Lender an amount equivalent to
any applicable withholding tax, and in no event shall such Agent be required to
be responsible for or pay any additional amount with respect to any such
withholding. If the Internal Revenue Service or any other Governmental Authority
asserts a claim that any Agent did not properly withhold tax from amounts paid
to or for the account of any Lender because the appropriate form was not
delivered or was not properly executed or because such Lender failed to notify
such Agent of a change in circumstances which rendered the exemption from or
reduction of withholding tax ineffective or for any other reason, such Lender
shall indemnify such Agent fully for all amounts paid, directly or indirectly,
by such Agent as tax or otherwise, including any penalties or interest and
together with any expenses incurred.

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          Section 11. Miscellaneous.

          11.1 Amendments and Waivers. (a) Neither this Agreement nor any other
Loan Document, nor any terms hereof or thereof, may be amended, supplemented,
modified or waived except in accordance with the provisions of this subsection
11.1. The Required Lenders may, or, with the written consent of the Required
Lenders, the applicable Administrative Agent and the Collateral Agent may, from
time to time, (x) enter into with the respective Loan Parties hereto or thereto,
as the case may be, written amendments, supplements or modifications hereto and
to the other Loan Documents for the purpose of adding any provisions to this
Agreement or to the other Loan Documents or changing, in any manner the rights
or obligations of the Lenders or the Loan Parties hereunder or thereunder or (y)
waive at any Loan Party’s request, on such terms and conditions as the Required
Lenders or the applicable Administrative Agent or the Collateral Agent, as the
case may be, may specify in such instrument, any of the requirements of this
Agreement or the other Loan Documents or any Default or Event of Default and its
consequences; provided, however, that no such waiver and no such amendment,
supplement or modification shall:

     (i) reduce or forgive the amount or extend the scheduled date of
maturity of any Loan or any Reimbursement Obligation or of any scheduled
installment thereof or reduce the stated rate of any interest, commission
or fee payable hereunder (other than as a result of (i) any waiver of the
applicability of any post-default increase in interest rates or (ii) an
amendment or modification to the financial definitions in this Agreement)
or extend the scheduled date of any payment thereof or increase the amount
or extend the expiration date of any Lender’s Commitment or change the
currency in which any Loan or Reimbursement Obligation is payable, in each
case without the consent of each Lender directly affected thereby (it being
understood that waivers or modifications of conditions precedent,
covenants, Defaults or Events of Default or of a mandatory reduction in the
aggregate Commitment of all Lenders shall not constitute an increase of the
Commitment of any Lender, and that an increase in the available portion of
any Commitment of any Lender shall not constitute an increase in the
Commitment of such Lender);

     (ii) amend, modify or waive any provision of this subsection 11.1(a)
or reduce the percentage specified in the definition of Required Lenders or
Supermajority Lenders, or consent to the assignment or transfer by any
Credit Agreement Party of any of its rights and obligations under this
Agreement or any of the other Loan Documents (other than pursuant to
subsection 8.5 or 11.6(a)), in each case without the written consent of all
the Lenders;

     (iii) release any Guarantor under any Security Document, or, in the
aggregate (in a single transaction or a series of related transactions),
all or substantially all of the Collateral without the consent of all of
the Lenders, except as expressly permitted hereby or by any Security
Document (as such documents are in effect on the date hereof or, if later,
the date of execution and delivery thereof in accordance with the terms
hereof);

     (iv) require any Lender to make Loans having an Interest Period of
longer than six months without the consent of such Lender;

168

 

     (v) amend, modify or waive any provision of Section 10 without the
written consent of the then Agents and of any Lead Arranger affected
thereby;

     (vi) amend, modify or waive any provision of the Swing Line Note (if
any) or subsection 2.5 without the written consent of the Swing Line Lender
and each other Lender, if any, which holds, or is required to purchase, a
participation in any Swing Line Loan pursuant to subsection 2.5(d);

     (vii) amend, modify or waive (x) any provision of Section 3 without
the consent of each Issuing Lender or (y) the provisions of any Letter of
Credit or any L/C Obligation without the written consent of the Issuing
Lender with respect thereto and each affected L/C Participant;

     (viii) increase the advance rates set forth in the definition of
Canadian Borrowing Base or U.S. Borrowing Base, or make any change to the
definition of “Borrowing Base” (by adding additional categories or
components thereof), “Eligible Accounts”, “Eligible Rental Fleet”,
“Eligible Inventory”, “Eligible Unbilled Accounts” or “Net Orderly
Liquidation Value” that would have the effect of increasing the amount of
the Canadian Borrowing Base or the U.S. Borrowing Base, reduce the Dollar
amount set forth in the definition of “Dominion Event” or “Liquidity
Event”, or increase the maximum amount of permitted Agent Advances under
subsection 2.2(d) (which, when aggregated with all other Extensions of
Credit made hereunder, shall under no circumstance exceed the aggregate RCF
Commitments) in each case, without the written consent of the Supermajority
Lenders;

     (ix) amend, modify or waive the order of application of payments set
forth in the last sentence of subsection 4.4(a), 4.4(e), 4.8(a) or 4.16(e)
hereof, in each case without the consent of the Supermajority Lenders; or

     (x) amend, modify or waive the order of application of payments set
forth in Section 4 of the Intercreditor Agreement without the consent of
each Lender;

provided, further, that, notwithstanding and in addition to the foregoing, each
Collateral Agent may, in its discretion, release the Lien on Collateral valued
in the aggregate not in excess of $10,000,000 in any fiscal year without the
consent of any Lender.

          (b) Any waiver and any amendment, supplement or modification pursuant
to this subsection 11.1 shall apply to each of the Lenders and shall be binding
upon the Loan Parties, the Lenders, the Agents and all future holders of the
Loans. In the case of any waiver, each of the Loan Parties, the Lenders and the
Agents shall be restored to their former position and rights hereunder and under
the other Loan Documents, and any Default or Event of Default waived shall be
deemed to be cured and not continuing; but no such waiver shall extend to any
subsequent or other Default or Event of Default, or impair any right consequent
thereon.

          (c) Notwithstanding any provision herein to the contrary, this
Agreement may be amended (or amended and restated) with the written consent of
the Required Lenders, the U.S. Administrative Agent and the Credit Agreement
Parties (x) to add one or more additional credit facilities to this Agreement
and to permit the extensions of credit from time to time

169

 

outstanding thereunder and the accrued interest and fees in respect thereof to
share ratably in the benefits of this Agreement and the other Loan Documents
with the existing Facilities and the accrued interest and fees in respect
thereof; provided that any Indebtedness owing pursuant to each such additional
facility shall be included in the Availability Reserves against the U.S.
Borrowing Base and/or the Canadian Borrowing Base, as applicable, (y) to
include, as appropriate, the Lenders holding such credit facilities in any
required vote or action of the Required Lenders or of the Lenders of each
Facility hereunder and (z) to provide class protection for any additional credit
facilities in a manner consistent with those provided the original Facilities
pursuant to the provisions of subsection 11.1(a) as originally in effect.

          (d) If, in connection with any proposed change, waiver, discharge or
termination of or to any of the provisions of this Agreement and/or any other
Loan Document as contemplated by subsection 11.1(a), the consent of each Lender
or each affected Lender, as applicable, is required and the consent of the
Required Lenders at such time is obtained but the consent of one or more of such
other Lenders whose consent is required is not obtained (each such other Lender,
a “Non-Consenting Lender”) then the Parent Borrower may, on ten Business Days’
prior written notice to the Administrative and the Non-Consenting Lender,
replace such Non-Consenting Lender by causing such Lender to (and such Lender
shall be obligated to) assign pursuant to Section 11.6 (with the assignment fee
and any other costs and expenses to be paid by the Parent Borrower in such
instance) all of its rights and obligations under this Agreement to one or more
assignees; provided that neither the U.S. Administrative Agent nor any Lender
shall have any obligation to the Parent Borrower to find a replacement Lender;
provided, further, that the applicable assignee shall have agreed to the
applicable change, waiver, discharge or termination of this Agreement and/or the
other Loan Documents; and provided, further, that all obligations of the
Borrowers owing to the Non-Consenting Lender relating to the Loans and
participations so assigned shall be paid in full by the assignee Lender to such
Non-Consenting Lender concurrently with such Assignment and Acceptance. In
connection with any such replacement under this subsection 11.1(d), if the
Non-Consenting Lender does not execute and deliver to the U.S. Administrative
Agent a duly completed Assignment and Acceptance and/or any other documentation
necessary to reflect such replacement within a period of time deemed reasonable
by the U.S. Administrative Agent after the later of (a) the date on which the
replacement Lender executes and delivers such Assignment and Acceptance and/or
such other documentation and (b) the date as of which all obligations of the
Borrowers owing to the Non-Consenting Lender relating to the Loans and
participations so assigned shall be paid in full by the assignee Lender to such
Non-Consenting Lender, then such Non-Consenting Lender shall be deemed to have
executed and delivered such Assignment and Acceptance and/or such other
documentation as of such date and the Parent Borrower shall be entitled (but not
obligated) to execute and deliver such Assignment and Acceptance and/or such
other documentation on behalf of such Non-Consenting Lender.

          11.2 Notices. (a) All notices, requests, and demands to or upon the
respective parties hereto to be effective shall be in writing (including
telecopy), and, unless otherwise expressly provided herein, shall be deemed to
have been duly given or made when delivered by hand, or three days after being
deposited in the mail, postage prepaid, or, in the case of telecopy notice, when
received, or, in the case of delivery by a nationally recognized overnight
courier, when received, addressed as follows in the case of any Credit Agreement
Party, the U.S. Administrative Agent, the Canadian Administrative Agent, the
U.S. Collateral Agent and the

170

 

Canadian Collateral Agent, and as set forth in Schedule A in the case of the
other parties hereto, or to such other address as may be hereafter notified by
the respective parties hereto and any future holders of the Loans:

	 	 	 
	The Credit Agreement

	 	RSC Equipment Rental
	Parties/Canadian Finco:

	 	6929 East Greenway Parkway, Suite 200
	 

	 	Scottsdale, Arizona 85254
	 

	 	Attention: Kevin Loughlin, Vice President and Treasurer
	 

	 	Facsimile: (480) 647-2412
	 

	 	Telephone: (800) 222-7777
	 
	 	 
	with copies to:

	 	Ripplewood Holdings, L.L.C.
	 

	 	1 Rockefeller Plaza, 32nd Floor
	 

	 	New York, New York 10020
	 

	 	Attention: Christopher P. Minnetian, Esq.
	 

	 	Facsimile: (212) 218-2778
	 

	 	Telephone: (212) 582-6700
	 
	 	 
	 

	 	Oak Hill Capital Management, L.L.C.
	 

	 	65 East 55th Street,
36th Floor
	 

	 	New York, New York 10022
	 

	 	Attention: John R. Monsky, Esq.
	 

	 	Facsimile: (212) 758-3572
	 

	 	Telephone: (212) 326-1590
	 
	 	 
	 

	 	Debevoise & Plimpton LLP
	 

	 	919 Third Avenue
	 

	 	New York, New York 10022
	 

	 	Attention: Paul D. Brusiloff, Esq.
	 

	 	Facsimile: (212) 909-6836
	 

	 	Telephone: (212) 909-6000

171

 

	 	 	 
	The U.S. Administrative Agent/

	 	Deutsche Bank AG, New York Branch
	the U.S. Collateral Agent:

	 	60 Wall Street
	 

	 	New York, New York 10005
	 

	 	Attention: Marguerite Sutton
	 

	 	Facsimile: (212) 797-4655
	 

	 	Telephone: (212)250-6150
	 
	 	 
	The Canadian Administrative
Agent/

	 	Deutsche Bank AG, Canada Branch
	Canadian Collateral Agent:

	 	199 Bay Street, Suite 4700
	 

	 	Commerce Court West, Box 263
	 

	 	Toronto, Ontario M5L 1E9
	 

	 	Attention: Marcellus Leung
	 

	 	Assistant Vice President
	 

	 	Facsimile: (416) 682-8484
	 

	 	Telephone: (416) 682-8252

provided that any notice, request or demand to or upon the U.S. Administrative
Agent or the Lenders pursuant to subsection 2.3, 3.2, 4.2, 4.4 or 4.8 shall not
be effective until received.

          (b) Without in any way limiting the obligation of any Loan Party and
its Subsidiaries to confirm in writing any telephonic notice permitted to be
given hereunder, the U.S. Administrative Agent, the Swing Line Lender (in the
case of a Borrowing of Swing Line Loans) or any Issuing Lender (in the case of
the issuance of a Letter of Credit), as the case may be, may prior to receipt of
written confirmation act without liability upon the basis of such telephonic
notice, believed by the U.S. Administrative Agent, the Swing Line Lender or such
Issuing Lender in good faith to be from a Responsible Officer.

          11.3 No Waiver; Cumulative Remedies. No failure to exercise and no
delay in exercising, on the part of any Agent, any Lender or any Loan Party, any
right, remedy, power or privilege hereunder or under the other Loan Documents
shall operate as a waiver thereof; nor shall any single or partial exercise of
any right, remedy, power or privilege hereunder preclude any other or further
exercise thereof or the exercise of any other right, remedy, power or privilege.
The rights, remedies, powers and privileges herein provided are cumulative and
not exclusive of any rights, remedies, powers and privileges provided by law.

          11.4 Survival of Representations and Warranties. All representations
and warranties made hereunder and in the other Loan Documents (or in any
amendment, modification or supplement hereto or thereto) and in any certificate
delivered pursuant hereto or such other Loan Documents shall survive the
execution and delivery of this Agreement and the making of the Loans hereunder.

          11.5 Payment of Expenses and Taxes. Each Credit Agreement Party agrees
(a) to pay or reimburse the Agents and the Lead Arrangers for (1) all their
reasonable out-of-pocket costs and expenses incurred in connection with (i) the
syndication of the Facilities and the development, preparation, execution and
delivery of, and any amendment, supplement or modification to, this Agreement
and the other Loan Documents and any other documents prepared in connection
herewith or therewith, (ii) the consummation and administration of the

172

 

transactions (including the syndication of the Term Loans and Commitments)
contemplated hereby and thereby and (iii) efforts to monitor the Loans and
verify, protect, evaluate, assess, appraise, collect, sell, liquidate or
otherwise dispose of any of the Collateral, and (2) (i) the reasonable fees and
disbursements of White & Case LLP and Stikeman Elliott LLP and such other
special or local counsel, consultants, advisors, appraisers and auditors whose
retention (other than during the continuance of an Event of Default) is approved
by the Parent Borrower, (b) to pay or reimburse each Lender, the Lead Arrangers
and the Agents for all their reasonable costs and expenses incurred in
connection with the enforcement or preservation of any rights under this
Agreement, the other Loan Documents and any other documents prepared in
connection herewith or therewith, including the fees and disbursements of
counsel to the Agents and the Lenders, (c) to pay, indemnify, or reimburse each
Lender, the Lead Arrangers and the Agents for, and hold each Lender, the Lead
Arrangers and the Agents harmless from, any and all recording and filing fees
and any and all liabilities with respect to, or resulting from any delay in
paying, stamp, excise and other similar taxes, if any, which may be payable or
determined to be payable in connection with the execution and delivery of, or
consummation or administration of any of the transactions contemplated by, or
any amendment, supplement or modification of, or any waiver or consent under or
in respect of, this Agreement, the other Loan Documents and any such other
documents, and (d) to pay, indemnify or reimburse each Lender, the Lead
Arrangers, each Agent, their respective affiliates, and their respective
officers, directors, trustees, employees, shareholders, members, attorneys and
other advisors, agents and controlling persons (each, an “Indemnitee”) for, and
hold each Indemnitee harmless from and against, any and all other liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind or nature whatsoever with respect to the
execution, delivery, enforcement, performance and administration of this
Agreement, the other Loan Documents and any such other documents, including any
of the foregoing relating to the use of proceeds of the Loans or the violation
of, noncompliance with or liability under, any Environmental Law applicable to
the operations of Holdings or any of its Subsidiaries or any of the property of
Holdings or any of its Subsidiaries, including the presence of Materials of
Environmental Concern on, at, in or under such property or the migration of
Materials of Environmental Concern onto, through or from any such property (all
the foregoing in this clause (d), collectively, the “Indemnified Liabilities”),
provided that no Loan Party shall have any obligation hereunder to the U.S.
Administrative Agent, any other Agent or any Lender with respect to indemnified
liabilities arising from (i) the gross negligence or willful misconduct of the
U.S. Administrative Agent, any other Agent or any such Lender (or any of their
respective directors, trustees, officers, employees, agents, successors and
assigns) (in each case, as determined in a final non-appealable decision issued
by a court of competent jurisdiction) or (ii) claims made or legal proceedings
commenced against the U.S. Administrative Agent, any other Agent or any such
Lender by any security holder or creditor thereof arising out of and based upon
rights afforded any such security holder or creditor solely in its capacity as
such. No Indemnitee shall be liable for any consequential or punitive damages in
connection with the Facilities. All amounts due under this subsection shall be
payable not later than 30 days after written demand therefor. Statements
reflecting amounts payable by the
Loan Parties pursuant to this subsection shall
be submitted to the address of the Parent Borrower set forth in subsection 11.2,
or to such other Person or address as may be hereafter designated by the Parent
Borrower in a notice to the U.S. Administrative Agent. Notwithstanding the
foregoing, except as provided in clauses (b) and (c) above, no Loan Party shall
have any obligation under this subsection 11.5

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to any Indemnitee with respect to any tax, levy, impost, duty, charge, fee,
deduction or withholding imposed, levied, collected, withheld or assessed by any
Governmental Authority. The agreements in this subsection 11.5 shall survive
repayment of the Loans and all other amounts payable hereunder.

          11.6 Successors and Assigns; Participations and Assignments. (a) The
provisions of this Agreement shall be binding upon and inure to the benefit of
the parties hereto and their respective successors and assigns permitted hereby
(including any Affiliate of the applicable Issuing Lender that issues any Letter
of Credit), except that (i) other than in accordance with subsection 8.5, none
of the Loan Parties may assign or otherwise transfer any of its rights or
obligations hereunder without the prior written consent of each Lender (and any
attempted assignment or transfer by any Loan Party without such consent shall be
null and void) and (ii) no Lender may assign or otherwise transfer its rights or
obligations hereunder except in accordance with this subsection 11.6.

          (b) (i) Subject to the conditions set forth in paragraph (b)(ii)
below, any Lender other than a Conduit Lender may assign to one or more
assignees (each, an “Assignee”) all or a portion of its rights and obligations
under this Agreement (including its Commitment and/or Loans, pursuant to an
Assignment and Acceptance) with the prior written consent (such consent not to
be unreasonably withheld or delayed) of:

     (A) the Parent Borrower, provided that no consent of the Parent
Borrower shall be required for an assignment to a Lender, an Affiliate of a
Lender, an Approved Fund or, if an Event of Default under subsection 9(a)
or (f) has occurred and is continuing, any other Person; provided, further,
that, unless an Event of Default under subsection 9(a) or (f) has occurred
and is continuing, if any Lender assigns all or a portion of its rights and
obligations under this Agreement to one of its affiliates in connection
with or in contemplation of the sale or other disposition of its interest
in such affiliate, the Parent Borrower’s prior written consent shall be
required for such assignment; and

     (B) the U.S. Administrative Agent, provided that no consent of the
U.S. Administrative Agent shall be required for an assignment to a Lender,
an affiliate of a Lender an Approved Fund.

     (ii) Assignments shall be subject to the following additional
conditions:

     (A) except in the case of an assignment to a Lender, an affiliate of a
Lender or an Approved Fund or an assignment of the entire remaining amount
of the assigning Lender’s Commitments or Loans under any Facility, the
amount of the Commitments or Loans 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 U.S. Administrative
Agent) shall not be less than (i) in the case of RCF Loans, $5,000,000 or
(ii) in the case of Term Loans, $1,000,000, unless the Parent Borrower and
the U.S. Administrative Agent otherwise consent, provided that (1) no such
consent of the Parent Borrower shall be required if an Event of Default
under subsection 9(a) or (f) has

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occurred and is continuing and (2) such amounts shall be aggregated in
respect of assignments by a Lender and its affiliates or Approved Funds, if
any;

     (B) the parties to each assignment shall execute and deliver to the
U.S. Administrative Agent an Assignment and Acceptance, together with a
processing and recordation fee of $3,500; provided that for concurrent
assignments to two or more Approved Funds such assignment fee shall only be
required to be paid once in respect of and at the time of such assignments;

     (C) the Assignee, if it shall not be a Lender, shall deliver to the
U.S. Administrative Agent an administrative questionnaire;

     (D) no assignments may be made to any entities identified by the
Sponsors to the U.S. Administrative Agent in a separate writing prior to
the date hereof; and

     (E) except at any time when (i) an Event of Default exists under
subsection 9(a) or (f) or (ii) the outstanding Obligations have been
accelerated in accordance with Section 9, any assignment made by a Canadian
RCF Lender of its Canadian RCF Commitment shall only be made to an assignee
with a Non-Canadian Affiliate.

          (iii) Subject to acceptance and recording thereof pursuant to
paragraph (b)(iv) below, from and after the effective date specified in each
Assignment and Acceptance the Assignee thereunder shall be a party hereto and,
to the extent of the interest assigned by such Assignment and Acceptance, have
the rights and obligations of a Lender under this Agreement, and the assigning
Lender 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 (and
bound by any related obligations under) subsections 4.10, 4.11, 4.12, 4.13, 4.15
and 11.5). Any assignment or transfer by a Lender of rights or obligations under
this Agreement that does not comply with this subsection 11.6 shall be treated
for purposes of this Agreement as a sale by such Lender of a participation in
such rights and obligations in accordance with paragraph (c) of this subsection.

          (iv) The Borrowers hereby designate the U.S. Administrative Agent, and
the U.S. Administrative Agent agrees, to serve as the Borrowers’ agent, solely
for purposes of this subsection 11.6, to maintain at one of its offices in New
York, New York 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 interest and principal amount of the Loans and L/C
Obligations owing to, each Lender pursuant to the terms hereof from time to time
(the “Register”). The entries in the Register shall be conclusive absent
manifest error, and the Borrowers, the U.S. Administrative Agent, the Issuing
Lender and the Lenders shall treat each Person whose name is recorded in the
Register pursuant to the terms hereof as a Lender hereunder for all purposes of
this Agreement, notwithstanding notice to the contrary. The Register shall be
available for inspection by the Parent Borrower and any Lender, at any
reasonable time and from time to time upon reasonable prior notice.

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          (v) Upon its receipt of a duly completed Assignment and Acceptance
executed by an assigning Lender and an Assignee, the Assignee’s completed
administrative questionnaire (unless the Assignee shall already be a Lender
hereunder), the processing and recordation fee referred to in paragraph
(b)(ii)(B) of this subsection and any written consent to such assignment
required by paragraph (b)(i) of this subsection, the U.S. Administrative Agent
shall accept such Assignment and Acceptance, record the information contained
therein in the Register and give prompt notice of such assignment and
recordation to the Parent Borrower. No assignment shall be effective for
purposes of this Agreement unless it has been recorded in the Register as
provided in this paragraph.

          (vi) On or prior to the effective date of any assignment pursuant to
this subsection 11.6(b), the assigning Lender shall surrender any outstanding
Notes held by it all or a portion of which are being assigned. Any Notes
surrendered by the assigning Lender shall be returned by the U.S. Administrative
Agent to the Parent Borrower marked “cancelled”.

          Notwithstanding the foregoing, no Assignee, which as of the date of
any assignment to it pursuant to this subsection 11.6(b) would be entitled to
receive any greater payment under subsection 4.10, 4.11 or 11.5 than the
assigning Lender would have been entitled to receive as of such date under such
subsections with respect to the rights assigned, shall be entitled to receive
such greater payments unless the assignment was made after an Event of Default
under subsection 9(a) or (f) has occurred and is continuing or the Parent
Borrower has expressly consented in writing to waive the benefit of this
provision at the time of such assignment.

          (c) (i) Any Lender other than a Conduit Lender may, in the ordinary
course of its business and in accordance with applicable law, without the
consent of the Parent Borrower or the U.S. Administrative Agent, sell
participations to one or more banks or other entities (a “Participant”) in all
or a portion of such Lender’s rights and obligations under this Agreement
(including all or a portion of its Commitments and the Loans owing to it);
provided that (A) such Lender’s obligations under this Agreement shall remain
unchanged, (B) such Lender shall remain solely responsible to the other parties
hereto for the performance of such obligations, (C) such Lender shall remain the
holder of any such Loan for all purposes under this Agreement and the other Loan
Documents, and (D) the Credit Agreement Parties, each Agent, the Issuing Lender
and the other Lenders shall continue to deal solely and directly with such
Lender in connection with such Lender’s rights and obligations under this
Agreement. Any agreement pursuant to which a Lender sells such a participation
shall provide that such Lender shall retain the sole right to enforce this
Agreement and to approve any amendment, modification or waiver of any provision
of this Agreement; provided that such agreement may provide that such Lender
will not, without the consent of the Participant, agree to any amendment,
modification or waiver that (1) requires the consent of each Lender directly
affected thereby pursuant to the proviso to the second sentence of subsection
11.1(a) and (2) directly affects such Participant. Subject to paragraph (c)(ii)
of this subsection, each Borrower agrees that each Participant shall be entitled
to the benefits of (and shall have the related obligations under) subsections
4.10, 4.11, 4.12, 4.13, 4.15 and 11.5 to the same extent as if it were a Lender
and had acquired its interest by assignment pursuant to paragraph (b) of this
subsection. To the extent permitted by law, each Participant also shall be
entitled to the benefits of subsection 11.7(b) as though it were a Lender,
provided that such Participant shall be subject to subsection 11.7(a) as though
it were a Lender.

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          (ii) No Loan Party shall be obligated to make any greater payment
under subsection 4.10, 4.11 or 11.5 than it would have been obligated to make in
the absence of any participation, unless the sale of such participation is made
with the prior written consent of the Parent Borrower and the Parent Borrower
expressly waives the benefit of this provision at the time of such
participation. Any Participant that is not incorporated under the laws of the
United States of America or a state thereof shall not be entitled to the
benefits of subsection 4.11 unless such Participant complies with subsection
4.11(b) and provides the forms and certificates referenced therein to the Lender
that granted such participation.

          (d) Any Lender, without the consent of the Parent Borrower or the U.S.
Administrative Agent, may at any time pledge or assign a security interest in
all or any portion of its rights under this Agreement to secure obligations of
such Lender, including any pledge or assignment to secure obligations to a
Federal Reserve Bank, and this subsection shall not apply to any such pledge or
assignment of a security interest; provided that no such pledge or assignment of
a security interest shall release a Lender from any of its obligations hereunder
or substitute (by foreclosure or otherwise) any such pledgee or assignee for
such Lender as a party hereto.

          (e) No assignment or participation made or purported to be made to any
Assignee or Participant shall be effective without the prior written consent of
the Parent Borrower if it would require the Parent Borrower to make any filing
with any Governmental Authority or qualify any Loan or Note under the laws of
any jurisdiction, and the Parent Borrower shall be entitled to request and
receive such information and assurances as it may reasonably request from any
Lender or any Assignee or Participant to determine whether any such filing or
qualification is required or whether any assignment or participation is
otherwise in accordance with applicable law.

          (f) Notwithstanding the foregoing, any Conduit Lender may assign any
or all of the Loans it may have funded hereunder to its designating Lender
without the consent of the Parent Borrower or the U.S. Administrative Agent and
without regard to the limitations set forth in subsection 11.6(b). Each
Borrower, each Lender and the U.S. Administrative Agent hereby confirms that it
will not institute against a Conduit Lender or join any other Person in
instituting against a Conduit Lender any domestic or foreign bankruptcy,
reorganization, arrangement, insolvency or liquidation proceeding under any
state, federal or provincial bankruptcy or similar law, for one year and one day
after the payment in full of the latest maturing commercial paper note issued by
such Conduit Lender; provided, however, that each Lender designating any Conduit
Lender hereby agrees to indemnify, save and hold harmless each other party
hereto for any loss, cost, damage or expense arising out of its inability to
institute such a proceeding against such Conduit Lender during such period of
forbearance. Each such indemnifying Lender shall pay in full any claim received
from the Parent Borrower pursuant to this subsection 11.6(f) within 30 Business
Days of receipt of a certificate from a Responsible Officer of the Parent
Borrower specifying in reasonable detail the cause and amount of the loss, cost,
damage or expense in respect of which the claim is being asserted, which
certificate shall be conclusive absent manifest error. Without limiting the
indemnification obligations of any indemnifying Lender pursuant to this
subsection 11.6(f), in the event that the indemnifying Lender fails timely to
compensate the Parent Borrower for such claim, any Loans held by the relevant
Conduit

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Lender shall, if requested by the Parent Borrower, be assigned promptly to the
Lender that administers the Conduit Lender and the designation of such Conduit
Lender shall be void.

          (g) If the Parent Borrower wishes to replace the Loans or Commitments
under any Facility with ones having different terms, it shall have the option,
with the consent of the U.S. Administrative Agent and subject to at least three
Business Days’ advance notice to the Lenders under such Facility, instead of
prepaying the Loans or reducing or terminating the Commitments to be replaced,
to (i) require the Lenders under such Facility to assign such Loans or
Commitments to the U.S. Administrative Agent or its designees and (ii) amend the
terms thereof in accordance with subsection 11.1. Pursuant to any such
assignment, all Loans and Commitments to be replaced shall be purchased at par
(allocated among the Lenders under such Facility in the same manner as would be
required if such Loans were being optionally prepaid or such Commitments were
being optionally reduced or terminated by the Borrowers), accompanied by payment
of any accrued interest and fees thereon and any amounts owing pursuant to
subsection 4.12. By receiving such purchase price, the Lenders under such
Facility shall automatically be deemed to have assigned the Loans or Commitments
under such Facility pursuant to the terms of the form of Assignment and
Acceptance, and accordingly no other action by such Lenders shall be required in
connection therewith. The provisions of this paragraph are intended to
facilitate the maintenance of the perfection and priority of existing security
interests in the Collateral during any such replacement.

          11.7 Adjustments; Set-off; Calculations; Computations. (a) If any
Lender (a “Benefited Lender”) shall at any time receive any payment of all or
part of its Loans or the Reimbursement Obligations owing to it, or interest
thereon, or receive any collateral in respect thereof (whether voluntarily or
involuntarily, by set-off, pursuant to events or proceedings of the nature
referred to in subsection 9(f), or otherwise (except pursuant to subsection 4.4,
4.13(d) or 11.6)), in a greater proportion than any such payment to or
collateral received by any other Lender, if any, in respect of such other
Lender’s Loans or the Reimbursement Obligations, as the case may be, owing to
it, or interest thereon, such Benefited Lender shall purchase for cash from the
other Lenders an interest (by participation, assignment or otherwise) in such
portion of each such other Lender’s Loans or the Reimbursement Obligations, as
the case may be, owing to it, or shall provide such other Lenders with the
benefits of any such collateral, or the proceeds thereof, as shall be necessary
to cause such Benefited Lender to share the excess payment or benefits of such
collateral or proceeds ratably with each of the other Lenders; provided,
however, that if all or any portion of such excess payment or benefits is
thereafter recovered from such Benefited Lender, such purchase shall be
rescinded, and the purchase price and benefits returned, to the extent of such
recovery, but without interest.

          (b) In addition to any rights and remedies of the Lenders provided by
law, each Lender shall have the right, without prior notice to any Borrower, any
such notice being expressly waived by each Borrower to the extent permitted by
applicable law, upon the occurrence of an Event of Default under subsection 9(a)
to set-off and appropriate and apply against any amount then due and payable
under subsection 9(a) by such Borrower any and all deposits (general or special,
time or demand, provisional or final), in any currency, and any other credits,
indebtedness or claims, in any currency, in each case whether direct or
indirect, absolute or contingent, matured or unmatured, at any time held or
owing by such Lender or any Affiliate, branch or agency thereof to or for the
credit or the account of such Borrower. Each Lender

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agrees promptly to notify the Parent Borrower and the U.S. Administrative Agent
after any such set-off and application made by such Lender, provided that the
failure to give such notice shall not affect the validity of such set-off and
application.

          11.8 Judgment Currency. (a) If, for the purpose of obtaining or
enforcing judgment against any Loan Party in any court in any jurisdiction, it
becomes necessary to convert into any other currency (such other currency being
hereinafter in this subsection 11.8 referred to as the “Judgment Currency”) an
amount due under any Loan Document in any currency (the “Obligation Currency”)
other than the Judgment Currency, the conversion shall be made at the rate of
exchange prevailing on the Business Day immediately preceding the date of actual
payment of the amount due, in the case of any proceeding in the courts of the
Province of Ontario or in the courts of any other jurisdiction that will give
effect to such conversion being made on such date, or the date on which the
judgment is given, in the case of any proceeding in the courts of any other
jurisdiction (the applicable date as of which such conversion is made pursuant
to this subsection 11.8 being hereinafter in this subsection 11.8 referred to as
the “Judgment Conversion Date”).

          (b) If, in the case of any proceeding in the court of any jurisdiction
referred to in subsection 11.8(a), there is a change in the rate of exchange
prevailing between the Judgment Conversion Date and the date of actual receipt
for value of the amount due, the applicable Loan Party shall pay such additional
amount (if any, but in any event not a lesser amount) as may be necessary to
ensure that the amount actually received in the Judgment Currency, when
converted at the rate of exchange prevailing on the date of payment, will
produce the amount of the Obligation Currency which could have been purchased
with the amount of the Judgment Currency stipulated in the judgment or judicial
order at the rate of exchange prevailing on the Judgment Conversion Date. Any
amount due from any Loan Party under this subsection 11.8(b) shall be due as a
separate debt and shall not be affected by judgment being obtained for any other
amounts due under or in respect of any of the Loan Documents.

          (c) The term “rate of exchange” in this subsection 11.8 means the rate
of exchange at which the U.S. Administrative Agent, on the relevant date at or
about 12:00 noon (New York time), would be prepared to sell, in accordance with
its normal course foreign currency exchange practices, the Obligation Currency
against the Judgment Currency.

          11.9 Counterparts. This Agreement may be executed by one or more of
the parties to this Agreement on any number of separate counterparts (including
by telecopy or other electronic transmission (i.e., pdf), and all of such
counterparts taken together shall be deemed to constitute one and the same
instrument. A set of the copies of this Agreement signed by all the parties
shall be delivered to the Parent Borrower and each Administrative Agent.

          11.10 Severability. Any provision of this Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

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          11.11 Integration. This Agreement and the other Loan Documents
represent the entire agreement of each of the Loan Parties party hereto, the
Agents and the Lenders with respect to the subject matter hereof, and there are
no promises, undertakings, representations or warranties by any of the Loan
Parties party hereto, any Agent or any Lender relative to the subject matter
hereof not expressly set forth or referred to herein or in the other Loan
Documents.

          11.12 GOVERNING LAW. THIS AGREEMENT AND ANY NOTES AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT AND ANY NOTES SHALL BE GOVERNED
BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF
NEW YORK.

          11.13 Submission To Jurisdiction; Waivers. (a) Each party hereto
hereby irrevocably and unconditionally:

     (i) submits for itself and its property in any legal action or
proceeding relating to this Agreement and the other Loan Documents to which
it is a party, or for recognition and enforcement of any judgment in
respect thereof, to the non-exclusive general jurisdiction of the courts of
the State of New York, the courts of the United States of America located
in the county of New York, and appellate courts from any thereof;

     (ii) consents that any such action or proceeding may be brought in
such courts and waives any objection that it may now or hereafter have to
the venue of any such action or proceeding in any such court or that such
action or proceeding was brought in an inconvenient forum and agrees not to
plead or claim the same;

     (iii) agrees that service of process in any such action or proceeding
may be effected by mailing a copy thereof by registered or certified mail
(or any substantially similar form of mail), postage prepaid, to the
applicable Credit Agreement Party (or, in the case of any Canadian
Borrower, as specified in paragraph (b)), the applicable Lender or the U.S.
Administrative Agent, as the case may be, at the address specified in
subsection 11.2 or at such other address of which the U.S. Administrative
Agent, any such Lender or any such Borrower, as the case may be, shall have
been notified pursuant thereto;

     (iv) agrees that nothing herein shall affect the right to effect
service of process in any other manner permitted by law or shall limit the
right to sue in any other jurisdiction; and

     (v) waives, to the maximum extent not prohibited by law, any right it
may have to claim or recover in any legal action or proceeding referred to
in this subsection any consequential or punitive damages.

          (b) Each Canadian Borrower and Canadian Finco hereby agree to
irrevocably and unconditionally appoint an agent for service of process located
in The City of New York (the “New York Process Agent”), reasonably satisfactory
to the U.S. Administrative Agent, as its agent to receive on behalf of such
Borrower and its property service of copies of the summons and complaint and any
other process which may be served in any action or proceeding in any

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such New York State or Federal court described in paragraph (a) of this
subsection and agrees promptly to appoint a successor New York Process Agent in
The City of New York (which successor New York Process Agent shall accept such
appointment in a writing reasonably satisfactory to the U.S. Administrative
Agent) prior to the termination for any reason of the appointment of the initial
New York Process Agent. CT Corporation System, a woltersKluwer Company, located
at 111 Eighth Avenue, 13th Floor; New York, NY 10011; telephone: 212-894-8999;
facsimile: 212-894-8790, has been appointed as the initial New York Process
Agent. In any action or proceeding in New York State or Federal court, service
may be made on a Canadian Borrower or Canadian Finco by delivering a copy of
such process to such Borrower in care of the New York Process Agent at the New
York Process Agent’s address and by depositing a copy of such process in the
mails by certified or registered air mail, addressed to such Borrower at its
address specified in subsection 11.2 with (if applicable) a copy to the Parent
Borrower (such service to be effective upon such receipt by the New York Process
Agent and the depositing of such process in the mails as aforesaid). Each of the
Canadian Borrowers and Canadian Finco hereby irrevocably and unconditionally
authorizes and directs the New York Process Agent to accept such service on its
behalf. As an alternate method of service, each of the Canadian Borrowers and
Canadian Finco irrevocably and unconditionally consents to the service of any
and all process in any such action or proceeding in such New York State or
Federal court by mailing of copies of such process to such Borrower by certified
or registered air mail at its address specified in subsection 11.2. Each of the
Canadian Borrowers and Canadian Finco agrees that, to the fullest extent
permitted by applicable law, a final judgment in any such action or proceeding
shall be conclusive and may be enforced in other jurisdictions by suit on the
judgment or in any other manner provided by law.

          (c) To the extent that any Canadian Borrower or Canadian Finco has or
hereafter may acquire any immunity (sovereign or otherwise) from any legal
action, suit or proceeding, from jurisdiction of any court or from set-off or
any legal process (whether service or notice, attachment prior to judgment,
attachment in aid of execution of judgment, execution of judgment or otherwise)
with respect to itself or any of its property, such Canadian Borrower or
Canadian Finco, as the case may be, hereby irrevocably waives and agrees not to
plead or claim such immunity in respect of its obligations under this Agreement
and any Note.

          11.14 Acknowledgments. Each Borrower hereby acknowledges that:

     (a) it has been advised by counsel in the negotiation, execution and
delivery of this Agreement and the other Loan Documents;

     (b) no Agent nor any Lead Arranger or any Lender has any fiduciary
relationship with or duty to any Loan Party arising out of or in connection
with this Agreement or any of the other Loan Documents, and the
relationship between the U.S. Administrative Agent and Lenders, on the one
hand, and the Loan Parties, on the other hand, in connection herewith or
therewith is solely that of creditor and debtor; and

     (c) no joint venture is created hereby or by the other Loan Documents
or otherwise exists by virtue of the transactions contemplated hereby and
thereby among the Lenders or among any of the Loan Parties and the Lenders.

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          11.15 WAIVER OF JURY TRIAL. EACH CREDIT AGREEMENT PARTY, AGENT AND
LENDER HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL
ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY NOTES OR ANY OTHER LOAN
DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

          11.16 Confidentiality. Each Agent and each Lender agrees to keep
confidential any information (a) provided to it by or on behalf of Holdings, the
Parent Borrower, or any of their respective Subsidiaries pursuant to or in
connection with the Loan Documents or (b) obtained by such Lender based on a
review of the books and records of Holdings, the Parent Borrower or any of their
respective Subsidiaries; provided that nothing herein shall prevent any Lender
from disclosing any such information (i) to any Agent, any Lead Arranger or any
other Lender, (ii) to any Transferee, or prospective Transferee or any creditor
or any actual or prospective counterparty (or its advisors) to any swap or
derivative transaction relating to any Borrower and its obligations which agrees
to comply with the provisions of this subsection pursuant to a written
instrument (or electronically recorded customary agreement from any Person
listed above in this clause (ii), in respect to any electronic information
(whether posted or otherwise distributed on Intralinks or any other electronic
distribution system)) for the benefit of the Parent Borrower (it being
understood that each relevant Lender shall be solely responsible for obtaining
such instrument (or such electronically recorded agreement)), (iii) to its
affiliates and the employees, officers, directors, trustees, agents, attorneys,
accountants and other professional advisors of it and its affiliates, provided
that such Lender shall inform each such Person of the agreement under this
subsection 11.16 and take reasonable actions to cause compliance by any such
Person referred to in this clause (iii) with this agreement (including, where
appropriate, to cause any such Person to acknowledge its agreement to be bound
by the agreement under this subsection 11.16), (iv) upon the request or demand
of any Governmental Authority having jurisdiction over such Lender or its
affiliates or to the extent required in response to any order of any court or
other Governmental Authority or as shall otherwise be required pursuant to any
Requirement of Law, provided that unless (i) such disclosure is pursuant to an
examination or review of the type described in clause (vii) below or (ii) the
respective Lender is prohibited by any Requirement of Law, such Lender shall
notify the Parent Borrower of any disclosure pursuant to this clause (iv) as far
in advance as is reasonably practicable under such circumstances, (v) which has
been publicly disclosed other than in breach of this Agreement by the respective
Agent or Lender, (vi) in connection with the exercise of any remedy hereunder,
under any Loan Document or under any Interest Rate Protection Agreement, (vii)
in connection with regulatory examinations and reviews conducted by the National
Association of Insurance Commissioners or any Governmental Authority having
jurisdiction over such Lender or its affiliates (to the extent applicable),
(viii) in connection with any litigation to which such Lender (or, with respect
to any Interest Rate Protection Agreement, any affiliate of any Lender party
thereto) may be a party, subject to the proviso in clause (iv), and (ix) if,
prior to such information having been so provided or obtained, such information
was already in an Agent’s or a Lender’s possession on a non-confidential basis
without a duty of confidentiality to any Borrower being violated.

          11.17 USA Patriot Act Notice. Each Lender hereby notifies each
Borrower that pursuant to the requirements of the USA Patriot Act (Title III of
Pub.: 107-56 (signed into law October 26, 2001)) (the “Patriot Act”), it is
required to obtain, verify, and record information that

182

 

identifies such Borrower, which information includes the name of such Borrower
and other information that will allow such Lender to identify such Borrower in
accordance with the Patriot Act, and such Borrower agrees to provide such
information from time to time to any Lender.

          11.18 INTERCREDITOR AGREEMENT. EACH LENDER PARTY HERETO UNDERSTANDS,
ACKNOWLEDGES AND AGREES THAT IT IS THE INTENTION OF THE PARTIES HERETO THAT THE
OBLIGATIONS ARE INTENDED TO CONSTITUTE A DISTINCT AND SEPARATE CLASS FROM THE
SECOND-LIEN OBLIGATIONS. EACH LENDER FURTHER UNDERSTANDS, ACKNOWLEDGES AND
AGREES THAT THE PROVISIONS SETTING FORTH THE PRIORITIES AS BETWEEN THE HOLDERS
OF SECOND-LIEN OBLIGATIONS ON THE ONE HAND, AND THE HOLDERS OF OBLIGATIONS
HEREUNDER, ON THE OTHER HAND, ARE SET FORTH IN THE INTERCREDITOR AGREEMENT.

          (a) EACH LENDER AUTHORIZES AND INSTRUCTS THE COLLATERAL AGENTS AND THE
ADMINISTRATIVE AGENTS TO ENTER INTO THE SECURITY DOCUMENTS AND THE INTERCREDITOR
AGREEMENT) ON BEHALF OF THE LENDERS, AND TO TAKE ALL ACTIONS (AND EXECUTE ALL
DOCUMENTS) REQUIRED (OR DEEMED ADVISABLE) BY IT IN ACCORDANCE WITH THE TERMS OF
THE SECURITY DOCUMENTS AND THE INTERCREDITOR AGREEMENT.

          (b) THE PROVISIONS OF THIS SUBSECTION 11.18 ARE NOT INTENDED TO
SUMMARIZE ALL RELEVANT PROVISIONS OF THE INTERCREDITOR AGREEMENT. REFERENCE MUST
BE MADE TO THE INTERCREDITOR AGREEMENT ITSELF TO UNDERSTAND ALL TERMS AND
CONDITIONS THEREOF. EACH LENDER IS RESPONSIBLE FOR MAKING ITS OWN ANALYSIS AND
REVIEW OF THE INTERCREDITOR AGREEMENT AND THE TERMS AND PROVISIONS THEREOF, AND
NEITHER THE ADMINISTRATIVE AGENT NOR THE COLLATERAL AGENT OR ANY OF ITS
RESPECTIVE AFFILIATES MAKES ANY REPRESENTATION TO ANY LENDER AS TO THE
SUFFICIENCY OR ADVISABILITY OF THE PROVISIONS CONTAINED IN THE INTERCREDITOR
AGREEMENT. EACH LENDER IS FURTHER AWARE THAT THE U.S. ADMINISTRATIVE AGENT AND
THE U.S. COLLATERAL AGENT ARE ALSO ACTING IN AN AGENCY CAPACITY PURSUANT TO THE
SECOND-LIEN TERM LOAN CREDIT AGREEMENT, AND EACH LENDER HEREBY IRREVOCABLY
WAIVES ANY OBJECTION THERETO OR CAUSE OF ACTION ARISING THEREFROM.

          11.19 Special Provisions Regarding Pledges of Capital Stock in, and
Promissory Notes Owed by, Persons Not Organized in the U.S. or Canada. (a) To
the extent any Security Document requires or provides for the pledge of
promissory notes issued by, or Capital Stock in, any Person organized under the
laws of a jurisdiction outside the United States or Canada, it is acknowledged
that, as of the Closing Date, no actions have been required to be taken to
perfect, under local law of the jurisdiction of the Person who issued the
respective promissory notes or whose Capital Stock is pledged, under the
Security Documents.

          (b) The Parent Borrower hereby agrees that, following any request by
the U.S. Administrative Agent or Required Lenders to do so, the Parent Borrower
shall, and shall cause its Subsidiaries to, take (to the extent they may
lawfully do so) such actions (including the

183

 

making of any filings and the delivery of appropriate legal opinions) under the
local law of any jurisdiction with respect to which such actions have not
already been taken as are reasonably determined by the U.S. Administrative Agent
or Required Lenders to be necessary or reasonably desirable in order to fully
perfect, preserve or protect the security interests granted pursuant to the
various Security Documents under the laws of such jurisdictions.

          11.20 Joint and Several Liability; Postponement of Subrogation. (a)
The obligations of the U.S. Borrowers hereunder and under the other Loan
Documents shall be joint and several and, as such, each U.S. Borrower shall be
liable for all of the such obligations of each other U.S. Borrower under this
Agreement and the other Loan Documents. The obligations of each of the Canadian
Borrowers hereunder and under the other Loan Documents shall be joint and
several and, as such, each Canadian Borrower shall be liable for all of such
obligations of each other Canadian Borrower under this Agreement and the other
Loan Documents. To the fullest extent permitted by law the liability of each
Borrower for the obligations under this Agreement and the other Loan Documents
of the other applicable Borrowers with whom it has joint and several liability
shall be absolute, unconditional and irrevocable, without regard to (i) the
validity or enforceability of this Agreement or any other Loan Document, any of
the obligations hereunder or thereunder or any other collateral security
therefor or guarantee or right of offset with respect thereto at any time or
from time to time held by any applicable Secured Party, (ii) any defense,
set-off or counterclaim (other than a defense of payment or performance
hereunder; provided that no Borrower hereby waives any suit for breach of a
contractual provision of any of the Loan Documents) which may at any time be
available to or be asserted by such other applicable Borrower or any other
Person against any Secured Party or (iii) any other circumstance whatsoever
(with or without notice to or knowledge of such other applicable Borrower or
such Borrower) which constitutes, or might be construed to constitute, an
equitable or legal discharge of such other applicable Borrower for the
obligations hereunder or under any other Loan Document, or of such Borrower
under this Section, in bankruptcy or in any other instance.

          (b) Each Borrower agrees that it will not exercise any rights which it
may acquire by way of rights of subrogation under this Agreement, by any
payments made hereunder or otherwise, until the prior payment in full in cash of
all of the obligations hereunder and under any other Loan Document, the
termination or expiration of all Letters of Credit and the permanent termination
of all Commitments. Any amount paid to any Borrower on account of any such
subrogation rights prior to the payment in full in cash of all of the
obligations hereunder and under any other Loan Document, the termination or
expiration of all Letters of Credit and the permanent termination of all
Commitments shall be held in trust for the benefit of the applicable Secured
Parties and shall immediately be paid to the U.S. Administrative Agent or the
Canadian Administrative Agent, as applicable, for the benefit of the applicable
Secured Parties and credited and applied against the obligations of the
applicable Borrowers, whether matured or unmatured, in such order as the U.S.
Administrative Agent or the Canadian Administrative Agent, as applicable, shall
elect. In furtherance of the foregoing, for so long as any obligations of the
Borrowers hereunder, any Letters of Credit or any Commitments remain
outstanding, each Borrower shall refrain from taking any action or commencing
any proceeding against any other Borrower (or any of its successors or assigns,
whether in connection with a bankruptcy proceeding or otherwise) to recover any
amounts in respect of payments made in respect of the obligations hereunder or
under any other Loan Document of such other Borrower to any Secured

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Party. Notwithstanding any other provision contained in this Agreement or any
other Loan Document, if a “secured creditor” (as that term is defined under the
Bankruptcy and Insolvency Act (Canada)) is determined by a court of competent
jurisdiction not to include a Person to whom obligations are owed on a joint or
joint and several basis, then the Borrowers’ Obligations (and the obligations of
their Subsidiaries), to the extent such obligations are secured, only shall be
several obligations and not joint or joint and several obligations.

          (c) The obligations of each U.S. Borrower with respect to the
Obligations are independent of the obligations of each other Borrower or any
Guarantor under its guaranty of such Obligations, and a separate action or
actions may be brought and prosecuted against each Borrower, whether or not any
other U.S. Borrower or any such Guarantor is joined in any such action or
actions. Each U.S. Borrower waives, to the fullest extent permitted by law, the
benefit of any statute of limitations affecting its liability hereunder or the
enforcement thereof. Any payment by any U.S. Borrower or other circumstance
which operates to toll any statute of limitations as to any Borrower shall, to
the fullest extent permitted by law, operate to toll the statute of limitations
as to each U.S. Borrower.

          (d) Each of the U.S. Borrowers authorizes the U.S. Administrative
Agent and the Lenders without notice or demand (except as shall be required by
applicable statute and cannot be waived), and without affecting or impairing its
liability hereunder, from time to time to:

     (i) exercise or refrain from exercising any rights against any other
U.S. Borrower or any Guarantor or others or otherwise act or refrain from
acting;

     (ii) release or substitute any other U.S Borrower, endorsers,
Guarantors or other obligors;

     (iii) settle or compromise any of the Obligations of any other U.S.
Borrower or any other Loan Party, any security therefor or any liability
(including any of those hereunder) incurred directly or indirectly in
respect thereof or hereof, and may subordinate the payment of all or any
part thereof to the payment of any liability (whether due or not) of any
Borrower to its creditors other than the Lenders;

     (iv) apply any sums paid by any other U.S. Borrower or any other
Person, howsoever realized or otherwise received to or for the account of
such U.S. Borrower to any liability or liabilities of such other U.S.
Borrower or other Person regardless of what liability or liabilities of
such other U.S. Borrower or other Person remain unpaid; and/or

     (v) consent to or waive any breach of, or act, omission or default
under, this Agreement or any of the instruments or agreements referred to
herein, or otherwise, by any other U.S. Borrower or any other Person.

          (e) It is not necessary for the U.S. Administrative Agent or any other
Lender to inquire into the capacity or powers of any U.S. Borrower or any of its
Subsidiaries or the officers, directors, members, partners or agents acting or
purporting to act on its behalf, and any Obligations made or created in reliance
upon the professed exercise of such powers shall constitute the joint and
several obligations of the U.S. Borrowers hereunder.

185

 

          (f) Each U.S. Borrower waives, to the fullest extent permitted by law,
any right to require the U.S. Administrative Agent or the other Lenders to (i)
proceed against any other U.S. Borrower, any Guarantor or any other party, (ii)
proceed against or exhaust any security held from any U.S. Borrower, any
Guarantor or any other party or (iii) pursue any other remedy in the U.S.
Administrative Agent’s or the Lenders’ power whatsoever. Each U.S. Borrower
waives, to the fullest extent permitted by law, any defense based on or arising
out of suretyship or any impairment of security held from any U.S. Borrower, any
Guarantor or any other party or on or arising out of any defense of any other
U.S. Borrower, any Guarantor or any other party other than payment in full in
cash of the Obligations, including, without limitation, any defense based on or
arising out of the disability of any other U.S. Borrower, any Guarantor or any
other party, or the unenforceability of the Obligations or any part thereof from
any cause, or the cessation from any cause of the liability of any other U.S.
Borrower, in each case other than as a result of the payment in full in cash of
the Obligations.

          11.21 Reinstatement. This Agreement shall remain in full force and
effect and continue to be effective should any petition or other proceeding be
filed by or against any Loan Party for liquidation or reorganization, should any
Loan Party become insolvent or make an assignment for the benefit of any
creditor or creditors or should an interim receiver, receiver, receiver and
manager or trustee be appointed for all or any significant part of any Loan
Party’s assets, and shall continue to be effective or to be reinstated, as the
case may be, if at any time payment and performance of the obligations of the
Borrowers under the Loan Documents, or any part thereof, is, pursuant to
applicable law, rescinded or reduced in amount, or must otherwise be restored or
returned by any obligee of the obligations, whether as a fraudulent preference,
reviewable transaction or otherwise, all as though such payment or performance
had not been made. In the event that any payment, or any part thereof, is
rescinded, reduced, restored or returned, the obligations of the Borrowers
hereunder shall be reinstated and deemed reduced only by such amount paid and
not so rescinded, reduced, restored or returned.

          11.22 Language. The parties hereto confirm that it is their wish that
this Agreement, as well as any other documents relating to this Agreement,
including notices, schedules and authorizations, have been and shall be drawn up
in the English language only. Les signataires conferment leur volonté que la
présente convention, de même que tous les documents s’y rattachant, y compris
tout avis, annexe et autorisation, soient rédigés en anglais seulement.

          Section 12. Holdings Guaranty.

          12.1 Guaranty.

          (a) In order to induce the Administrative Agents, the Collateral
Agents, the Issuing Lenders and the Lenders to enter into this Agreement and to
extend credit hereunder, and to induce the other Guarantee Creditors to enter
into Interest Rate Protection Agreements and Permitted Hedging Arrangements and
in recognition of the direct benefits to be received by Holdings from the
proceeds of the Loans, the issuance of the Letters of Credit and the entering
into of such Interest Rate Protection Agreements and Permitted Hedging
Arrangements, Holdings hereby agrees with the Guarantee Creditors as follows:
Holdings hereby unconditionally and irrevocably guarantees as primary obligor
and not merely as surety the full and prompt payment when due, whether upon
maturity, acceleration or otherwise, of any and all of the

186

 

Guarantor Obligations of the Borrowers to the Guaranteed Creditors. If any or
all of the Guarantor Obligations of the Borrowers to the Guaranteed Creditors
becomes due and payable hereunder, Holdings, unconditionally and irrevocably,
promises to pay such indebtedness to the applicable Administrative Agent and/or
the other applicable Guaranteed Creditors, on demand, together with any and all
expenses which may be incurred by the Administrative Agents and the other
Guaranteed Creditors in collecting any of the Guarantor Obligations. If claim is
ever made upon any Guaranteed Creditor for repayment or recovery of any amount
or amounts received in payment or on account of any of the Guarantor Obligations
and any of the aforesaid payees repays all or part of said amount by reason of
(i) any judgment, decree or order of any court or administrative body having
jurisdiction over such payee or any of its property or (ii) any settlement or
compromise of any such claim effected by such payee with any such claimant
(including any Borrower), then and in such event Holdings agrees that any such
judgment, decree, order, settlement or compromise shall, to the fullest extent
permitted by law, be binding upon Holdings, notwithstanding any revocation of
the guarantee contained in this Section 12 or other instrument evidencing any
liability of any Borrower, and Holdings shall, to the fullest extent permitted
by law, be and remain liable to the aforesaid payees hereunder for the amount so
repaid or recovered to the same extent as if such amount had never originally
been received by any such payee.

          (b) The guarantee contained in this Section 12 shall remain in full
force and effect until the first date on which all the Loans (including the face
amount of all Bankers’ Acceptance Loans), any Reimbursement Obligations and the
obligations of Holdings under the guarantee contained in this Section 12 then
due and owing, in each case, shall have been satisfied by payment in full in
cash, no Letter of Credit shall be outstanding (except for Letters of Credit
that have been cash collateralized or otherwise provided for in a manner
reasonably satisfactory to the applicable Issuing Lender) and the Commitment
shall be terminated, notwithstanding that from time to time during the term of
this Agreement any of the Borrowers may be free from any obligations under the
Loan Documents.

          12.2 Bankruptcy. Additionally, Holdings unconditionally and
irrevocably guarantees the payment of any and all of the Guarantor Obligations
to the Guaranteed Creditors whether or not due or payable by any Borrower upon
the occurrence of any of the events specified in subsection 9(f), and
irrevocably and unconditionally promises to pay such indebtedness to the
Guaranteed Creditors, on demand, in lawful money of the United States, or
Canada, as applicable.

          12.3 Nature of Liability. The liability of Holdings hereunder is
primary, absolute and unconditional, exclusive and independent of any security
for or other guaranty of the Guarantor Obligations, whether executed by any
other guarantor or by any other party, and the liability of Holdings hereunder
shall not, to the fullest extent permitted by law, be affected or impaired by
(a) any direction as to application of payment by any Borrower or by any other
party (other than a direction that results in the payment in full of the
Guarantor Obligations), or (b) any other continuing or other guaranty,
undertaking or maximum liability of a guarantor or of any other party as to the
Guarantor Obligations, or (c) any payment on or in reduction of any such other
guaranty or undertaking (other than payment of the Guarantor Obligations to the
extent of such payment), or (d) any dissolution, termination or increase,
decrease or change in personnel by any Borrower, or (e) any payment made to any
Guaranteed Creditor on the Guarantor

187

 

Obligations which any such Guaranteed Creditor repays to any Borrower pursuant
to court order in any bankruptcy, reorganization, arrangement, moratorium or
other debtor relief proceeding, and Holdings waives, to the fullest extent
permitted by law, any right to the deferral or modification of its obligations
hereunder by reason of any such proceeding, or (f) any action or inaction by the
Guaranteed Creditors as contemplated in subsection 12.05, or (g) any invalidity,
irregularity or enforceability of all or any part of the Guarantor Obligations
or of any security therefor.

          12.4 Independent Obligation. The obligations of Holdings hereunder are
independent of the obligations of any other guarantor, any other party or any
Borrower, and a separate action or actions may be brought and prosecuted against
Holdings whether or not action is brought against any other guarantor, any other
party or any Borrower and whether or not any other guarantor, any other party or
any Borrower be joined in any such action or actions. Holdings waives, to the
fullest extent permitted by law, the benefit of any statute of limitations
affecting its liability hereunder or the enforcement thereof. Any payment by any
Borrower or other circumstance which operates to toll any statute of limitations
as to such Borrower shall operate to toll the statute of limitations as to
Holdings.

          12.5 Amendments, etc. with respect to the Obligations. To the maximum
extent permitted by law, Holdings shall remain obligated hereunder
notwithstanding that, without any reservation of rights against Holdings and
without notice to or further assent by Holdings, any demand for payment of any
of the Guarantor Obligations made by the applicable Administrative Agent or any
other Guaranteed Creditor may be rescinded by the such Administrative Agent or
such other Guaranteed Creditor and any of the Guarantor Obligations continued,
and the Guarantor Obligations, or the liability of any other Person upon or for
any part thereof, or any collateral security or guarantee therefor or right of
offset with respect thereto, may, from time to time, in whole or in part, be
renewed, extended, amended, waived, modified, accelerated, compromised,
subordinated, waived, surrendered or released by the applicable Administrative
Agent or any other Guaranteed Creditor, and this Agreement and the other Loan
Documents and any other documents executed and delivered in connection therewith
may be amended, waived, modified, supplemented or terminated, in whole or in
part, as the applicable Administrative Agent (or the Required Lenders or the
applicable Lender(s), as the case may be) may deem advisable from time to time,
and any collateral security, guarantee or right of offset at any time held by
the applicable Collateral Agent, Administrative Agent or any other Guaranteed
Creditor for the payment of any of the Guarantor Obligations may be sold,
exchanged, waived, surrendered or released. None of the applicable Collateral
Agent, Administrative Agent and each other Guaranteed Creditor shall have any
obligation to protect, secure, perfect or insure any Lien at any time held by it
as security for any of the Guarantor Obligations or for the guarantee contained
in this Section 12 or any property subject thereto, except to the extent
required by applicable law.

          12.6 Reliance. It is not necessary for any Guaranteed Creditor to
inquire into the capacity or powers of Holdings or any of its Subsidiaries or
the officers, directors, partners or agents acting or purporting to act on their
behalf, and any Guarantor Obligations made or created in reliance upon the
professed exercise of such powers shall be guaranteed hereunder.

188

 

          12.7 No Subrogation. Notwithstanding any payment made by Holdings
hereunder or any set-off or application of funds of Holdings by either
Administrative Agent or any other Guaranteed Creditor, Holdings shall not be
entitled to be subrogated to any of the rights of the Administrative Agents or
any other Guaranteed Creditor against any Borrower or any other Guarantor or any
collateral security or guarantee or right of offset held by the Administrative
Agents or any other Guaranteed Creditor for the payment of the Guarantor
Obligations, nor shall Holdings seek or be entitled to seek any contribution or
reimbursement from any Borrower or any other Guarantor in respect of payments
made by Holdings hereunder, until all amounts owing to either Administrative
Agent and the other Guaranteed Creditors by the Borrowers on account of the
Guarantor Obligations are paid in full in cash, no Letter of Credit shall be
outstanding (except for Letters of Credit that have been cash collateralized or
otherwise provided for in a manner reasonably satisfactory to the applicable
Issuing Lender) and the Commitments are terminated. If any amount shall be paid
to Holdings on account of such subrogation rights at any time when all of the
Guarantor Obligations shall not have been paid in full in cash or any Letter of
Credit shall remain outstanding (except for Letters of Credit that have provided
for in a manner reasonably satisfactory to the applicable Issuing Lender) or any
of the Commitments shall remain in effect, such amount shall be held by Holdings
in trust for the applicable Administrative Agent and the other Guaranteed
Creditor, segregated from other funds of Holdings, and shall, forthwith upon
receipt by Holdings, be turned over to the applicable Administrative Agent in
the exact form received by Holdings (duly indorsed by Holdings to the applicable
Administrative Agent if required), to be held as collateral security for all of
the Guarantor Obligations (whether matured or unmatured) guaranteed by Holdings
and/or then or at any time thereafter may be applied against any Guarantor
Obligations, whether matured or unmatured, in such order as the applicable
Administrative Agent may determine.

          12.8 Waiver. (a) Holdings waives, to the fullest extent permitted by
law, any right to require any Guaranteed Creditor to (i) proceed against any
Borrower, any other guarantor or any other party, (ii) proceed against or
exhaust any security held from any Borrower, any other guarantor or any other
party or (iii) pursue any other remedy in any Guaranteed Creditor’s power
whatsoever. Holdings waives, to the fullest extent permitted by law, any defense
based on or arising out of any defense of any Borrower, any other guarantor or
any other party, other than payment of the Guarantor Obligations to the extent
of such payment, based on or arising out of the disability of any Borrower,
Holdings, any other guarantor or any other party, or the validity, legality or
unenforceability of the Guarantor Obligations or any part thereof from any
cause, or the cessation from any cause of the liability of any Borrower other
than payment of the Guarantor Obligations to the extent of such payment. Subject
to the other terms of this Agreement and the Loan Documents, the Guaranteed
Creditors may, at their election, foreclose on any security held by the
Administrative Agents, the Collateral Agent or any other Guaranteed Creditor by
one or more judicial or nonjudicial sales, whether or not every aspect of any
such sale is commercially reasonable (to the extent such sale is permitted by
applicable law), or exercise any other right or remedy the Guaranteed Creditors
may have against any Borrower or any other party, or any security, without
affecting or impairing in any way the liability of Holdings hereunder except to
the extent the Guarantor Obligations have been paid. Holdings waives any defense
arising out of any such election by the Guaranteed Creditors, even though such
election operates to impair or extinguish any right of reimbursement or
subrogation or other right or remedy of Holdings against any Borrower or any
other party or any security.

189

 

          (b) Holdings waives, to the fullest extent permitted by law, all
presentments, demands for performance, protests and notices, including without
limitation notices of nonperformance, notices of protest, notices of dishonor,
notices of acceptance of the guarantee contained in this Section 12, and notices
of the existence, creation or incurring of new or additional Guarantor
Obligations. Holdings assumes all responsibility for being and keeping itself
informed of the Borrowers’ financial condition and assets, and of all other
circumstances bearing upon the risk of nonpayment of the Guarantor Obligations
and the nature, scope and extent of the risks which Holdings assumes and incurs
hereunder, and agrees that neither the applicable Administrative Agent nor any
of the other Guaranteed Creditors shall have any duty to advise Holdings of
information known to them regarding such circumstances or risks.

          12.9 Payments. All payments made by Holdings pursuant to this Section
12 shall be made in Dollars and will be made without setoff, counterclaim or
other defense, and shall be subject to the provisions of subsections 4.8 and
4.11.

          12.10 Maximum Liability. It is the desire and intent of Holdings and
the Guaranteed Creditors that the guarantee contained in this Section 12 shall
be enforced against Holdings to the fullest extent permissible under the laws
and public policies applied in each jurisdiction in which enforcement is sought.
If, however, and to the extent that, the obligations of Holdings under the
guarantee contained in this Section 12 shall be adjudicated to be invalid or
unenforceable for any reason (including, without limitation, because of any
applicable state or federal law relating to fraudulent conveyances or
transfers), then the amount of Holdings’ obligations under the guarantee
contained in this Section 12 shall be deemed to be reduced and Holdings shall
pay the maximum amount of the Guarantor Obligations which would be permissible
under applicable law.

[SIGNATURE PAGES TO BE PROVIDED SEPARATELY]

190

 

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be duly executed and delivered by their proper and duly authorized officers as
of the day and year first above written.

	 	 	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS II, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Keith A. Sawottke	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	Keith A. Sawottke	 	 
	 

	 	 	 	Title:
	 	Senior Vice President and	 	 
	 

	 	 	 	 	 	Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Keith A. Sawottke	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	Keith A. Sawottke	 	 
	 

	 	 	 	Title:
	 	Senior Vice President and	 	 
	 

	 	 	 	 	 	Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	RENTAL SERVICE CORPORATION	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Keith A. Sawottke	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	Keith A. Sawottke	 	 
	 

	 	 	 	Title:
	 	Senior Vice President and	 	 
	 

	 	 	 	 	 	Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	RENTAL SERVICE CORPORATION OF CANADA LTD.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Erik Olsson	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	Erik Olsson	 	 
	 

	 	 	 	Title:
	 	President, Vice Chairman and	 	 
	 

	 	 	 	 	 	Chief Operating Officer	 	 

[ABL Credit Agreement — Signature Page]

 

 

	 	 	 	 	 	 	 
	 	 	DEUTSCHE BANK SECURITIES INC.,

   as a Joint Lead Arranger
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Stephen R. Lapidus
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Stephen R. Lapidus	 	 
	 

	 	 	 	Tltle: Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Stephanie Perry	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Stephanie Perry	 	 
	 

	 	 	 	Title: Director	 	 

[Signature Page to ABL Credit Agreement]

 

 

	 	 	 	 	 	 	 
	 	 	DEUTSCHE BANK AG, NEW YORK BRANCH,

   Individually and as U.S. Administrative Agent 

   and U.S. Collateral Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Marguerite Sutton
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: MARGUERITE SUTTON	 	 
	 

	 	 	 	Title: DIRECTOR	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Omayra Laucella	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Omayra Laucella	 	 
	 

	 	 	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

	 	 	 	 	 	 	 
	 	 	DEUTSCHE BANK AG, CANADA BRANCH,

   Individually and as Canadian Administrative Agent 

   and Canadian Collateral Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ [ILLEGIBLE]
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: [ILLEGIBLE]	 	 
	 

	 	 	 	Title: [ILLEGIBLE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Marcellus Leung	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: MARCELLUS LEUNG	 	 
	 

	 	 	 	Title: Assistant Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

	 	 	 	 	 	 	 
	 	 	SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS	 	 
	 
	 	 	 	 	 	 
	 	 	NAME OF INSTITUTION:	 	 
	 
	 	 	 	 	 	 
	 	 	Citicorp North America, Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ William Washburn
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: William Washburn	 	 
	 

	 	 	 	Title: Director and Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

 

NAME OF INSTITUTION:

	 	 	 	 	 
	Citibank

	 	, N.A., Canadian	 	 
	branch
	 	 	 	 
	 

	 	 

	 	 

	 	 	 	 	 
	By:

	 	/s/ Niyousha Zarinpour
 

Name: Niyousha Zarinpour
Title: Authorized Signer
	 	 

[Signature Page to ABL Credit Agreement)

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS 

NAME

OF INSTITUTION:
 

BANK OF AMERICA, N.A.

	 	 	 	 	 
	By:

	 	/s/ Michael N. Lemiszko
 

Name: Michael N. Lemiszko
	 	 
	 

	 	Title: Senior Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Bank of America, N.A. (Acting through
its Canada Branch)

	 	 	 	 	 
	By:

	 	/s/ L.M. Junior Del Brocco
 

Name: L.M. Junior Del Brocco
	 	 
	 

	 	Title: Senior Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

GENERAL ELECTRIC CAPITAL CORPORATION

	 	 	 	 	 
	By:

	 	/s/ [ILLEGIBLE]
 

Name: SEAN MCWHINNIE
	 	 
	 

	 	Title: Duly Authorized Signatory	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

GE Canada Finance Holding Company

	 	 	 	 	 
	By:

	 	/s/ Jack F. Morrone
 

Name: Jack F. Morrone
	 	 
	 

	 	Title: Senior Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

LASALLE BUSINESS CREDIT, LLC

	 	 	 	 	 
	By:

	 	/s/ Thomas J. Brennan
 

Name: Thomas J. Brennan
	 	 
	 

	 	Title: First Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK A.G, CANADA BRANCH
AGENT BANK AG, CANADA BRANCH, AS
CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

LaSalle
Business Credit, a division of

ABN AMRO Bank N.V., Canada Branch

	 	 	 	 	 
	By:

	 	/s/ Darcy Mack
 

Name: Darcy Mack
	 	 
	 

	 	Title: First Vice President	 	 

	 	 	 	 	 
	By:

	 	/s/ Keith Hughes
 

Name: Keith Hughes
	 	 
	 

	 	Title: Senior Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC, AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Wachovia Capital Finance Corporation
(Western)

	 	 	 	 	 
	By:

	 	/s/ Kate W. Cook
 

Name: Kate W. Cook
	 	 
	 

	 	Title: Managing Director	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

WACHOVIA CAPITAL FINANCE CORPORATION

(CANADA)

	 	 	 	 	 
	By:

	 	/s/ Niall Hamilton
 

Name: Niall Hamilton
	 	 
	 

	 	Title: Senior Vice President	 	 
	 

	 	Wachovia Capital Finance Corporation
(Canada)	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

WELLS FARGO BANK, N.A.

	 	 	 	 	 
	By:

	 	/s/ Dana D. Cagle
 

Name: Dana D. Cagle
	 	 
	 

	 	Title: Sr. Vice President	 	 

[Signature Page to ABL Credit Agreement)

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Fortis Capital Corp.

	 	 	 	 	 
	By:

	 	/s/ John M. Crawford
 

Name: John M. Crawford
	 	 
	 

	 	Title: Managing Director	 	 

	 	 	 	 	 
	By:

	 	/s/ Michiel V.M. Van Der Voort
 

Name: MICHIEL V.M. VAN DER VOORT
	 	 
	 

	 	Title: Managing Director	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Fortis Capital (Canada) Ltd

	 	 	 	 	 
	By:

	 	/s/ Roy C. Andersen
 

Name: Roy C. Andersen
	 	 
	 

	 	Title: General Counsel	 	 

	 	 	 	 	 
	By:

	 	/s/ John Riogan
 

Name: John Riogan
	 	 
	 

	 	Title: CFO	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

JPMORGAN CHASE BANK, N.A.,

	 	 	 	 	 
	By:

	 	/s/ Jeff A. Tompkins
 

Name: Jeff A. Tompkins
	 	 
	 

	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION

JPMORGAN CHASE BANK, N.A., TORONTO
BRANCH

	 	 	 	 	 
	By:

	 	/s/ Michael N. Tam
 

Name: Michael N. Tam
	 	 
	 

	 	Title: SVP	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

 The CIT Group/Business Credit Inc.

	 	 	 	 	 
	By:

	 	/s/ Andrew Loughlin
 

Name: Andrew Loughlin
	 	 
	 

	 	Title: Assistant Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

CIT Financial LTD.

	 	 	 	 	 
	By:

	 	/s/ Algis Vaitonis
 

Name: Algis Vaitonis
	 	 
	 

	 	Title: Senior Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

GMAC Commercial Finance LLC

	 	 	 	 	 
	By:

	 	/s/ William J. Fitzgerald
 

Name: William J. Fitzgerald
Title: Director
	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

GMAC Commercial Finance Corporation -
Canada

	 	 	 	 	 
	By:

	 	/s/ Thomas Majale
 

Name: THOMAS MAJALE
Title: Authorized Signatory
	 	 

(Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Merrill Lynch Capital, a Division of
Merrill Lynch Business Financial
Services Inc.

	 	 	 	 	 
	By:

	 	/s/ Tom Bukowski
 

Name: Tom Bukowski
	 	 
	 

	 	Title: Director	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION: MERRILL LYNCH
CAPITAL CANADA INC.

	 	 	 	 	 
	/s/ [ILLEGIBLE]	 	 
	 	 	 
	 
	 	 	 	 
	By:

	 	/s/ Jacquie Alexander
 

Name: Jacquie Alexander
	 	 
	 

	 	Title: Authorized Signatory	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

BMO CAPITAL MARKETS FINANCING, INC.

	 	 	 	 	 
	By:

	 	/s/ Kevin G. Delaplane
 

Name: Kevin G. Delaplane

	 	 
	 

	 	Title: Managing Director	 	 

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

LLOYDS THE COMMERCIAL FINANCE LTD.

	 	 	 	 	 
	By:

	 	/s/ Jeremy Harrison
 

Name: Jeremy Harrison
	 	 
	 

	 	Title: VP — ABL.	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

SunTrust
Bank

	 	 	 	 	 
	By:

	 	/s/ Mark Pickering
 

Name: Mark Pickering 

Title: Vice President
	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

BURDALE FINANCIAL LIMITED

	 	 	 	 	 
	By:

	 	/s/ Nigel Hogg
 

Name: Nigel Hogg
	 	 
	 

	 	Title: Director	 	 

	 	 	 	 	 
	By:

	 	/s/ Steven Chait
 

Name: Steven Chait
	 	 
	 

	 	Title: Director	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

CITIZENS BUSINESS CAPITAL, A DIVISION OF
CITIZENS LEASING CORPORATION

	 	 	 	 	 
	By:

	 	/s/ Brian Baker
 

Name: Brian Baker
	 	 
	 

	 	Title: Assistant Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Union Bank of California, N.A.

	 	 	 	 	 
	By:

	 	/s/ Brent Housteau
 

Name: Brent Housteau
	 	 
	 

	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

HSBC Business Credit (USA) Inc.

	 	 	 	 	 
	By:

	 	/s/ Matthew W. Rickert
 

Name: Matthew W. Rickert
	 	 
	 

	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Mizuho Corporate Bank, Ltd.

	 	 	 	 	 
	By:

	 	/s/ James R. Fayen
 

Name: James R. Fayen
	 	 
	 

	 	Title: Deputy General Manager	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

NATIONAL CITY BANK

	 	 	 	 	 
	By:

	 	/s/ Renee M. Bonnell
 

Name: Renee M. Bonnell
	 	 
	 

	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

United Overseas Bank Limited, New York
Agency

	 	 	 	 	 
	By:

	 	/s/ George Lim
 

Name: George Lim
	 	 
	 

	 	Title: FVP & General Manager	 	 

	 	 	 	 	 
	By:

	 	/s/ Mario Sheng
 

Name: Mario Sheng
	 	 
	 

	 	Title: AVP	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Allied Irish Banks, p.l.c.

	 	 	 	 	 
	By:

	 	/s/ Joanna McFadden
 

Name: Joanna McFadden
	 	 
	 

	 	Title: Assistant Vice President	 	 

	 	 	 	 	 
	By:

	 	/s/ Eanna P. Mulkere
 

Name: Eanna P. Mulkere
	 	 
	 

	 	Title: Assistant Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

E*TRADE BANK

	 	 	 	 	 
	By:

	 	/s/ Sam Crow
 

Name: Sam Crow
	 	 
	 

	 	Title: Senior Manager	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

The Bank of Nova Scotia — New York
Agency

	 	 	 	 	 
	By:

	 	/s/ Stephen Johnson
 

Name: Stephen Johnson
	 	 
	 

	 	Title: Managing Director	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

Regions Bank

	 	 	 	 	 
	By:

	 	/s/ Kevin R. Rogers
 

Name: Kevin R. Rogers
	 	 
	 

	 	Title: Attorney-in-fact	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

UPS Capital Corporation

	 	 	 	 	 
	By:

	 	/s/ John P. Holloway
 

Name: John P. Holloway
	 	 
	 

	 	Title: Director of Portfolio
Management
	 	

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

BAYERISCHE LANDESBANK

acting through its New York Branch

	 	 	 	 	 
	By:

	 	/s/ Stuart Schulman
 

Stuart Schulman
	 	 
	 

	 	Senior Vice President	 	 

	 	 	 	 	 
	By:

	 	/s/ Edward J. Cripps
 

Edward J. Cripps
	 	 
	 

	 	Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

Commerzbank AG, New York and Grand
Cayman Branches

	 	 	 	 	 
	By:

	 	/s/ Henry J. Spark
 

Name: Henry J. Spark
	 	 
	 

	 	Title: Assistant Vice President	 	 

	 	 	 	 	 
	By:

	 	/s/ Charles W. Polet
 

Name: Charles W. Polet
	 	 
	 

	 	Title: Assistant Treasurer	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

North Fork Business Capital Corporation

	 	 	 	 	 
	By:

	 	/s/ Michael S. Burns
 

Name: Michael S. Burns
	 	 
	 

	 	Title: Senior Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF INSTITUTION:

DNC Bank National Association

	 	 	 	 	 
	By:

	 	/s/ Kaven A. Grexa
 

Name: Kaven A. Grexa
	 	 
	 

	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

DZ BANK AG

DEUTSCHE ZENTRAL-

GENOSSENSCHAFTSBANK AG

FRANKFURT AM MAIN

	 	 	 	 	 
	By:

	 	/s/ Paul Fitzpatrick
 

Name: Paul Fitzpatrick
	 	 
	 

	 	Title: VP	 	 

	 	 	 	 	 
	By:

	 	/s/ James Kyprios
 

Name: James Kyprios
	 	 
	 

	 	Title: VP	 	 

[Signature Page to ABL Credit Agreement]

 

 

      

SIGNATURE PAGE TO THE CREDIT AGREEMENT
DATED AS OF NOVEMBER 27, 2006, AMONG RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC,
RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., EACH
OTHER BORROWER PARTY HERETO, THE LENDERS
FROM TIME TO TIME PARTY HERETO, DEUTSCHE
BANK AG, NEW YORK BRANCH, AS U.S.
ADMINISTRATIVE AGENT AND U.S. COLLATERAL
AGENT, DEUTSCHE BANK AG, CANADA BRANCH,
AS CANADIAN ADMINISTRATIVE AGENT AND
CANADIAN COLLATERAL AGENT, CITICORP
NORTH AMERICA, INC., AS SYNDICATION
AGENT, AND DEUTSCHE BANK SECURITIES INC.
AND CITIGROUP GLOBAL MARKETS INC., AS
JOINT LEAD ARRANGERS AND JOINT BOOK
MANAGERS

NAME OF
INSTITUTION

Bank of
the West

	 	 	 	 	 
	By:

	 	/s/ Sidney Jordan
 

Name: Sidney Jordan
	 	 
	 

	 	Title: Vice President	 	 

[Signature Page to ABL Credit Agreement]

 

 

SCHEDULE A

COMMITMENTS

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Initial Term Loan	 	U.S. RCF	 	Canadian RCF
	 	 	Commitment	 	Commitment	 	Commitment
	Deutsche Bank AG, New York Branch
	 	$	250,000,000	 	 	$	77,500,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Deutsche Bank AG, Canadian Branch
	 	 	 	 	 	 	 	 	 	$	7,500,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Citicorp North America, Inc.
	 	 	 	 	 	$	77,500,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Citibank, N.A., Canadian Branch
	 	 	 	 	 	 	 	 	 	$	7,500,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Bank of America, N.A.
	 	 	 	 	 	$	74,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Bank of America, N.A., Acting
through its Canada Branch
	 	 	 	 	 	 	 	 	 	$	6,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	General Electric Capital
Corporation
	 	 	 	 	 	$	74,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GE Canada Finance Holding Company
	 	 	 	 	 	 	 	 	 	$	6,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	LaSalle Business Credit, LLC
	 	 	 	 	 	$	74,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	LaSalle Business Credit, a division
of ABN AMRO Bank N.V., Canada Branch
	 	 	 	 	 	 	 	 	 	$	6,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Wachovia Capital Finance Corp.
(Western)
	 	 	 	 	 	$	74,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Wachovia Capital Finance Corp.
(Canada)
	 	 	 	 	 	 	 	 	 	$	6,000.000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Wells Fargo Bank, N.A.
	 	 	 	 	 	$	74,000,000	 	 	$	6,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Fortis Capital Corp.
	 	 	 	 	 	$	67,500,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Fortis Capital (Canada) Ltd.
	 	 	 	 	 	 	 	 	 	$	7,500,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	JPMorgan Chase Bank, N.A.
	 	 	 	 	 	$	67,500,000	 	 	 	 	 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Initial Term Loan	 	U.S. RCF	 	Canadian RCF
	 	 	Commitment	 	Commitment	 	Commitment
	JPMorgan Chase Bank, N.A.,
Toronto Branch
	 	 	 	 	 	 	 	 	 	$	7,500,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	The CIT Group / Business Credit,
Inc.
	 	 	 	 	 	$	60,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CIT Financial LTD.
	 	 	 	 	 	 	 	 	 	$	5,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GMAC Commercial Finance LLC
	 	 	 	 	 	$	60,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GMAC Commercial Finance
Corporation Canada
	 	 	 	 	 	 	 	 	 	$	5,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Merrill Lynch Capital, a division
of Merrill Lynch Business
Financial Services Inc.
	 	 	 	 	 	$	45,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Merrill Lynch Capital Canada Inc.
	 	 	 	 	 	 	 	 	 	$	5,000,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	BMO Capital Markets Financing, Inc.
	 	 	 	 	 	$	40,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Lloyds TSB Commercial Finance Ltd
	 	 	 	 	 	$	40,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SunTrust Bank
	 	 	 	 	 	$	40,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Burdale Financial Ltd
	 	 	 	 	 	$	35,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Citizens Business Capital, A
division of Citizens Leasing
Corporation
	 	 	 	 	 	$	32,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Union Bank of California, N.A.
	 	 	 	 	 	$	32,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	HSBC Business Credit (USA) Inc.
	 	 	 	 	 	$	28,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Mizuho Corporate Bank, Ltd.
	 	 	 	 	 	$	28,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	National City Bank
	 	 	 	 	 	$	28,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	United Overseas Bank Limited,
New York Agency
	 	 	 	 	 	$	28,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Allied Irish Banks, p.l.c.
	 	 	 	 	 	$	25,000,000	 	 	 	 	 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Initial Term Loan	 	U.S. RCF	 	Canadian RCF
	 	 	Commitment	 	Commitment	 	Commitment
	E*Trade Bank
	 	 	 	 	 	$	25,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	The Bank of Nova Scotia — New
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	York Agency
	 	 	 	 	 	$	25,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Regions Bank
	 	 	 	 	 	$	25,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	UPS Capital Corporation
	 	 	 	 	 	$	25,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Bayerische Landesbank
	 	 	 	 	 	$	20,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Commerzbank AG New York and
Grand Cayman Branches
	 	 	 	 	 	$	20,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	North Fork Business Capital
Corporation
	 	 	 	 	 	$	20,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	PNC Bank National Association
	 	 	 	 	 	$	20,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	DZ Bank AG
	 	 	 	 	 	$	9,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Bank of West
	 	 	 	 	 	$	5,000,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL:
	 	$	250,000,000	 	 	$	1,375,000,000	 	 	$	75,000,000	 

 

 

LENDER ADDRESSES

	 	 	 
	Lender	 	Address
	Deutsche Bank AG, New York Branch

	 	60 Wall Street
	 

	 	New York, NY 10005
	 

	 	Attention: Marguerite Sutton
	 

	 	Telephone: (212) 250-6150
	 

	 	Telecopier: (212) 797-4655
	 
	 	 
	Deutsche Bank AG, Canada Branch

	 	Deutsche Bank AG, Canada Branch
	 

	 	199 Bay Street, Suite 4700
	 

	 	Commerce Court West, Box 263
	 

	 	Toronto, Ontario
	 

	 	M5L 1E9 Canada
	 

	 	Attention: Marcellus Leung
	 

	 	Assistant Vice President
	 

	 	Facsimile: (416) 682-8484
	 

	 	Telephone: (416) 682-8252
	 
	 	 
	Citicorp North America, Inc.

	 	388 Greenwich Street
	 

	 	New York, NY 10013
	 

	 	Attention: Marcus Wunderlich
	 

	 	Telephone: (212) 816-2039
	 

	 	Telecopier: (212) 816-2613
	 
	 	 
	Citibank, N.A., Canadian Branch

	 	123 Front Street West
	 

	 	Suite 1100
	 

	 	Toronto, Ontario Canada
	 

	 	M5J 2M3
	 

	 	Attention: Virginia C. Sevilla
	 

	 	Telephone: (416) 947-5864
	 

	 	Telecopier: (416) 915-6347
	 
	 	 
	Bank of America, N.A.

	 	335 Madison Avenue, 6th Floor
	 

	 	New York, NY
	 

	 	Attention: Robert M. Scalzitti
	 

	 	Telephone: (212) 503-7837
	 

	 	Telecopier: (212) 503-7330

 

 

	 	 	 
	Lender	 	Address
	Bank of America, N.A., Acting through its

	 	200 Front Street West, Suite 2700
	Canada Branch

	 	Toronto, Ontario
	 

	 	M5V 3L2 Canada
	 

	 	Attention: Carman Lau
	 

	 	Telephone: (416) 349-4008
	 

	 	Telecopier: (416) 349-4282
	 
	 	 
	General Electric Capital Corporation

	 	201 Merrit 7, P.O. Box 5201
	 

	 	Norwalk, CT 06856-5201
	 

	 	Attention: Sean McWhinnie
	 

	 	Telephone: (203) 956-4089
	 

	 	Telecopier: (203) 956-4003
	 
	 	 
	GE Canada Finance Holding Company

	 	201 Merrit 7, P.O. Box 5201
	 

	 	Norwalk, CT 06856-5201
	 

	 	Attention: Sean McWhinnie
	 

	 	Telephone: (203) 956-4089
	 

	 	Telecopier: (203) 956-4003
	 
	 	 
	LaSalle Business Credit, LLC

	 	135 S. Lasalle Street, Suite 425
	(as an U.S. RCF Lender)

	 	Chicago, IL 60603
	 

	 	Attention: Steven Chalmers
	 

	 	Telephone: (312) 904-8468
	 

	 	Telecopier: (312) 904-6450
	 
	 	 
	LaSalle Business Credit, a division

	 	79 Wellington Street West
	of ABN AMRO Bank N.V., Canada Branch

	 	Suite 1500
	 

	 	Toronto, Ontario
	 

	 	M5K 1GB Canada
	 

	 	Attention: Janet Early
	 

	 	Telephone: (416) 367-7994
	 

	 	Telecopier: (416) 367-7943
	 
	 	 
	Wachovia Capital Finance Corp. (Western)

	 	251 South Lake Avenue, Suite 900
	 

	 	Pasadena, CA 91101
	 

	 	Attention: Jeffrey Scott
	 

	 	Telephone: (626) 304-4951
	 

	 	Telecopier: (626) 304-4949
	 
	 	 
	Wachovia Capital Finance Corp. (Canada)

	 	141 Adelaide Street West, Toronto
	 

	 	M5H3L-0000 Canada
	 

	 	Attention: Niali Hamilton
	 

	 	Telephone: (416) 634-6080

5

 

	 	 	 
	Lender	 	Address
	Wells Fargo Bank, N.A.

	 	1445 Ross Avenue, Suite 4560
	 

	 	T5303-450
	 

	 	Dallas, TX 75202
	 

	 	Attention: Dana D. Cagle
	 

	 	Telephone: (214) 721-6416
	 

	 	Telecopier: (214) 721-6422
	 
	 	 
	Fortis Capital Corp.

	 	520 Madison Avenue, 3rd Floor
	 

	 	New York, NY 10022
	 

	 	Attention: Henk Detailleur
	 

	 	Telephone: (212) 340-5335
	 

	 	Telecopier: (212) 340-5330
	 
	 	 
	Fortis Capital (Canada) Corp.

	 	330 5th Avenue SW
	 

	 	Suite 2900
	 

	 	Calgary, Alberta
	 

	 	T2P OL4 Canada
	 

	 	Attention: Elice Tracey
	 

	 	Telephone: (201) 631-8189
	 

	 	Telecopier: (201) 631-8180
	 
	 	 
	JPMorgan Chase Bank, N.A.

	 	2200 Ross Avenue, 6th Floor
	 

	 	(Mail Code: TX1-2921)
	 

	 	Dallas, TX 75201
	 

	 	Attention: Jeff A. Tomkins
	 

	 	Telephone: (214) 965-3549
	 

	 	Telecopier: (214) 965-2594
	 
	 	 
	JPMorgan Chase Bank, N.A., Toronto Branch

	 	200 Bay Street, Royal Bank Plaza
	 

	 	South Tower, Suite 1800
	 

	 	Toronto, Ontario
	 

	 	M5J 2J2 Canada
	 

	 	Attention: Indrani Lazarus
	 

	 	Telephone: (416) 981-9218/9144/9235
	 

	 	Telecopier: (416) 981-9279
	 
	 	 
	The CIT Group / Business Credit, Inc.

	 	11 West 42nd Street
	 

	 	New York, NY 10036
	 

	 	Attention: Eustachio Bruno
	 

	 	Telephone: (212) 461-7712
	 

	 	Telecopier: (212) 461-7762

6

 

	 	 	 
	Lender	 	Address
	CIT Financial LTD.

	 	11 West 42nd Street
	 

	 	New York, NY 10036
	 

	 	Attention: Eustachio Bruno
	 

	 	Telephone: (212) 461-7712
	 

	 	Telecopier: (212) 461-7762
	 
	 	 
	GMAC Commercial Finance LLC

	 	8801 J.M. Keynes Drive, Suite 360
	 

	 	Charlotte, NC 28262
	 

	 	Attention: Bryan Shia
	 

	 	Telephone: (704) 510-2302
	 

	 	Telecopier: (704) 547-7247
	 
	 	 
	GMAC Commercial Finance Corporation

	 	8801 J.M. Keynes Drive, Suite 360
	Canada

	 	Charlotte, NC 28262
	 

	 	Attention: Bryan Shia
	 

	 	Telephone: (704) 510-2302
	 

	 	Telecopier: (704) 547-7247
	 
	 	 
	Merrill Lynch Capital, a division of Merrill

	 	225 Liberty Street, 5th Floor
	Lynch Business Financial Services Inc.

	 	New York, NY 10281
	 

	 	Attention: Ronica Logani
	 

	 	Telephone: (212) 236-5873
	 

	 	Telecopier: (212) 236-0048
	 
	 	 
	Merrill Lynch Capital Canada Inc.

	 	225 Liberty Street, 5th Floor
	 

	 	New York, NY 10281
	 

	 	Attention: Ronica Logani
	 

	 	Telephone: (212) 236-5873
	 

	 	Telecopier: (212) 236-0048
	 
	 	 
	BMO Capital Markets Financing, Inc.

	 	111 West Monroe Street, 5W
	 

	 	Chicago, IL 60603
	 

	 	Attention: William Kennedy
	 

	 	Telephone: (312) 461-2251
	 

	 	Telecopier: (312) 765-1641
	 
	 	 
	Lloyds TSB Commercial Finance Ltd

	 	1251 Avenue of the Americas, 39th F
	 

	 	New York, NY 10020
	 

	 	Attention: Jeremy Harrison
	 

	 	Telephone: (212) 930-5025
	 

	 	Telecopier: (212) 930-5098

7

 

	 	 	 
	Lender	 	Address
	SunTrust Bank

	 	303 Peachtree Street
	 

	 	MC-1981 — 2nd Floor
	 

	 	Atlanta, GA 30303
	 

	 	Attention: Mark Pickering
	 

	 	Telephone: (404) 575-2580
	 

	 	Telecopier: (404) 588-7061
	 
	 	 
	Burdale Financial Ltd

	 	300 First Stamford Place
	 

	 	Stamford, CT 06830
	 

	 	Attention: David Grende
	 

	 	Telephone: (203) 391-5964
	 

	 	Telecopier: (203) 391-5901
	 
	 	 
	Citizens Business Capital, A division of

	 	53 State Street
	Citizens Leasing Corporation

	 	Boston, MA 02109
	 

	 	Attention: James Herzog
	 

	 	Telephone: (617) 994-7363
	 

	 	Telecopier: (617) 227-7995
	 
	 	 
	Union Bank of California, N.A.

	 	400 California Street, 8th Floor
	 

	 	San Francisco, CA 94104
	 

	 	Attention: Ian Ritchie
	 

	 	Telephone: (415) 765-2031
	 

	 	Telecopier: (415) 765-2170
	 
	 	 
	HSBC Business Credit (USA) Inc.

	 	452 Fifth Avenue
	 

	 	New York, NY 10018
	 

	 	Attention: Matthew Rickert
	 

	 	Telephone: (212) 525-2758
	 

	 	Telecopier: (212) 525-2520
	 
	 	 
	Mizuho Corporate Bank, Ltd.

	 	1251 Avenue of the Americas
	 

	 	New York, NY 10020
	 

	 	Attention: John W. Bishop
	 

	 	Telephone: (212) 282-3610
	 

	 	Telecopier: (212) 282-9705
	 
	 	 
	National City Bank

	 	1900 E. Ninth Street, Locator 01-2077
	 

	 	Cleveland, OH 44114
	 

	 	Attention: Sonia Reeder
	 

	 	Telephone: (216) 222-8634
	 

	 	Telecopier: (216) 222-0003

8

 

	 	 	 
	Lender	 	Address
	United Overseas Bank Limited, New York

	 	529 Fifth Avenue, 10th Floor
	Agency

	 	New York, NY 10036
	 

	 	Attention: George Lim
	 

	 	Telephone: (212) 382-0088 ext. 12
	 

	 	Telecopier: (212) 382-1881
	 
	 	 
	Allied Irish Banks, p.l.c.

	 	601 Figueroa Street, Suite 4650
	 

	 	Los Angeles, CA 90017
	 

	 	Attention: Joanna McFadden/Lorraine Na
	 

	 	Telephone: (213) 593-4767/(213) 593-47
	 

	 	Telecopier: (213) 593-4766
	 
	 	 
	E*Trade Bank

	 	671 North Glebe Road, 15th Floor
	 

	 	Arlington, VA 22203
	 

	 	Attention: Sam Crow
	 

	 	Telephone: (703) 236-8473
	 

	 	Telecopier: (703) 465-5215
	 
	 	 
	The Bank of Nova Scotia — New York Agency

	 	One Liberty Plaza, 25th Floor
	 

	 	New York, NY 10006
	 

	 	Attention: David Schwarzbard
	 

	 	Telephone: (212) 225-5221
	 

	 	Telecopier: (212) 225-5090
	 
	 	 
	Regions Bank

	 	c/o Regions Business Capital
	 

	 	599 Lexington Avenue, 45th Floor
	 

	 	New York, NY 10022
	 

	 	Attention: Kevin Rogers
	 

	 	Telephone: (212) 935-2237
	 

	 	Telecopier: (212) 935-7458
	 
	 	 
	UPS Capital Corporation

	 	35 Glenlake Parkway, NE
	 

	 	Atlanta, GA 30328
	 

	 	Attention: Bill Talbot
	 

	 	Telephone: (404) 828-6621
	 

	 	Telecopier: (404) 828-3775
	 
	 	 
	Bayerische Landesbank

	 	560 Lexington Avenue
	 

	 	New York, NY 10022
	 

	 	Attention: Stuart Schulman
	 

	 	Telephone: (212) 230-9132
	 

	 	Telecopier: (212) 310-9995

9

 

	 	 	 
	Lender	 	Address
	Commerzbank AG New York and Grand

	 	2 World Financial Center
	Cayman Branches

	 	New York, NY 10281
	 

	 	Attention: Marianne Medora
	 

	 	Telephone: (212) 266-7326
	 

	 	Telecopier: (212) 266-7374
	 
	 	 
	North Fork Business Capital Corporation

	 	275 Broadhollow Road
	 

	 	PO Box 8914
	 

	 	Melville, NY 11747
	 

	 	Attention: Michael Burns
	 

	 	Telephone: (631) 531-2775
	 

	 	Telecopier: (631) 531-2765
	 
	 	 
	PNC Bank National Association

	 	Two Tower Center Boulevard, 21st Floor
	 

	 	East Brunswick, NJ 08816
	 

	 	Attention: Patrick McConnell
	 

	 	Telephone: (212) 752-6086
	 

	 	Telecopier: (212) 303-0060
	 
	 	 
	DZ Bank AG

	 	609 Fifth Avenue (7th Floor)
	 

	 	New York, NY 10017
	 

	 	Attention: Paul Fitzpatrick
	 

	 	Telephone: (212) 745-1568
	 

	 	Telecopier: (212) 745-1422
	 
	 	 
	Bank of West

	 	4400 MacArthur Boulevard, Suite 150
	 

	 	Newport Beach, CA 92660
	 

	 	Attention: Cecile Segovia
	 

	 	Telephone: (949) 797-1961
	 

	 	Telecopier: (949) 797-1959

10

 

Schedule B

to Credit Agreement

Schedule B: Assumed Indebtedness

I. CAPITAL LEASES

	 	1.	 	Motor Vehicle Open Ended Operating Lease No. 0988 dated as of April
24, 2000 between DL Peterson Trust and RSC ($122,600,000.00
approximate aggegate principal amount as of November 24, 2006).

II. MORTGAGES

	 	1.	 	Mortgage and Promissory Note, dated September 21, 1993, from RSC (as
successor-in-interest to Acme Acquisition Corp.) in favor of Vito
Croce and Mary Croce ($35,549.18 approximate aggregate principal
amount as of November 24, 2006).
	 
	 	2.	 	Mortgage and Promissory Note, dated September 21, 1993, from RSC (as
successor-in-interest to Acme Acquisition Corp.) in favor of Donald
Jacobson and Marilee I. Jacobson ($35,549.18 approximate aggregate
principal amount as of November 24, 2006).

2

 

Schedule C

to Credit Agreement

Schedule C: Fiscal Periods

For Holdings and each of its Subsidiaries:

	•	 	Annual Fiscal Periods begin on January 1 and end on December 31 of each
year;
	 
	•	 	Quarterly Fiscal Periods end on March 31, June 30, September 30 and
December 31 of each year; and
	 
	•	 	Monthly Fiscal Periods end on the last day of the applicable calendar
month.

3

 

Schedule D

to Credit Agreement

Schedule D: Rental Fleet Locations

I. Rental Service Corporation

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	364 Highway 280
	 	Alexander City	 	AL	 	35010
	140 Industrial Drive
	 	Attalla	 	AL	 	35954
	2379 Bentcreek Road
	 	Auburn	 	AL	 	36803
	1845 Reast Glen Avenue
	 	Auburn	 	AL	 	36803
	4111 Pinson Valley Parkway
	 	Birmingham	 	AL	 	35215
	3180 Highway 20 West
	 	Decatur	 	AL	 	35601
	Finley Island Road
	 	Decatur	 	AL	 	35609
	1214 Jefferson Road
	 	Demopolis	 	AL	 	36732
	3425 Napier Field Road
	 	Dothan	 	AL	 	36303
	19862 County Road 20
	 	Foley	 	AL	 	36535
	3180 Leeman Ferry Road
	 	Huntsville	 	AL	 	35801
	4226 Halls Mill Road
	 	Mobile	 	AL	 	36693
	4226 Halls Mill Road
	 	Mobile	 	AL	 	36693
	700 Enterprise Court
	 	Montgomery	 	AL	 	36117
	1512 E 2nd Street
	 	Muscle Shoals	 	AL	 	35661
	1214 Hamrick Drive West
	 	Oxford	 	AL	 	36203
	1369 McCain Parkway
	 	Pelham	 	AL	 	35124
	1026 South Memorial Drive
	 	Prattville	 	AL	 	36066
	43388 U.S. Highway 72
	 	Stevenson	 	AL	 	35772
	3235 Veterans Circle
	 	Trussville	 	AL	 	35235
	2750 Southside Drive
	 	Tuscaloosa	 	AL	 	35401
	931 S. Division Street
	 	Blytheville	 	AR	 	72315
	4855 North County Road 773
	 	Blytheville	 	AR	 	72315
	810 Strong Highway
	 	El Dorado	 	AR	 	71730
	3616 Towson Avenue
	 	Fort Smith	 	AR	 	72901
	1800 Higdon Ferry Road
	 	Hot Springs	 	AR	 	71913
	2600 W. Main
	 	Jacksonville	 	AR	 	72076
	2927 Browns Lane
	 	Jonesboro	 	AR	 	72401
	6014 Forbing Road
	 	Little Rock	 	AR	 	72209
	6101 Forbing Road
	 	Little Rock	 	AR	 	72209
	11618 Otter Creek South
	 	Mabelvale	 	AR	 	72209
	6520 W. Barraque Street
	 	Pine Bluff	 	AR	 	71602
	1810 S. 8th Street
	 	Rogers	 	AR	 	72756
	2505 N. 24th Street
	 	Rogers	 	AR	 	72756
	3004 S. Arkansas
	 	Russellville	 	AR	 	75802
	3685 South Winchester Road
	 	Apache Junction	 	AZ	 	85219
	2900 Highway #95
	 	Bullhead City	 	AZ	 	86442
	Silvercreek Road
	 	Bullhead City	 	AZ	 	86442
	1429 North Pinal Avenue
	 	Casa Grande	 	AZ	 	85222
	6921 East Cave Creek Road
	 	Cave Creek	 	AZ	 	85331
	5300 E. Railhead Avenue
	 	Flagstaff	 	AZ	 	89004
	Huntington Drive
	 	Flagstaff	 	AZ	 	86001
	4387 E. Huntington Drive
	 	Flagstaff	 	AZ	 	86004

4

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	115 E. Baseline Road
	 	Gilbert	 	AZ	 	85233
	215 E. Baseline Road
	 	Gilbert	 	AZ	 	85233
	2020 US Highway 60
	 	Globe	 	AZ	 	85501
	1968 Acoma Boulevard
	 	Lake Havasu City	 	AZ	 	86403
	2224 NW Grand Avenue
	 	Phoenix	 	AZ	 	85009
	21445 North 27th Avenue
	 	Phoenix	 	AZ	 	85027
	11039 N. Cave Creek Road
	 	Phoenix	 	AZ	 	85020
	6363 E. 2nd Street
	 	Prescott Valley	 	AZ	 	86314
	1060 E. Highway 70
	 	Safford	 	AZ	 	85546
	6929 E. Greenway STE 200
	 	Scottsdale	 	AZ	 	82254
	3461 East Deuce of Clubs
	 	Show Low	 	AZ	 	85901
	648 East Fry Boulevard
	 	Sierra Vista	 	AZ	 	85635
	407 S. Price Road
	 	Tempe	 	AZ	 	85281
	1770 W. Prince Road
	 	Tucson	 	AZ	 	85705
	2720 E 16th Street (Hwy 95)
	 	Yuma	 	AZ	 	85365
	4117 Rosedale Highway
	 	Bakersfield	 	CA	 	93308
	210 N. Wood Drive
	 	Camarillo	 	CA	 	93010
	5800 Armada Drive, #210
	 	Carlsbad	 	CA	 	92008
	220 North Johnson Avenue
	 	El Cajon	 	CA	 	92020
	5414 South Peach Avenue
	 	Fresno	 	CA	 	93725
	Cabazon Avenue
	 	Indio	 	CA	 	92201
	2900 E. Spring Street
	 	Long Beach	 	CA	 	90806
	4030 Pacheco Boulevard
	 	Martinez	 	CA	 	94553
	19091 Hwy #33
	 	McKittrick	 	CA	 	93251
	8001 Oakport Street
	 	Oakland	 	CA	 	94621
	520 E. LaCadena Drive
	 	Riverside	 	CA	 	92501
	4635 Power Inn Road
	 	Sacramento	 	CA	 	95826
	2177 Jerrold Avenue
	 	San Francisco	 	CA	 	94124
	2150 O’Toole Avenue
	 	San Jose	 	CA	 	95131
	1000 S. Grand Avenue
	 	Santa Ana	 	CA	 	92705
	3333 South Highway 99
	 	Stockton	 	CA	 	95215
	8450 Haddon Avenue
	 	Sun Valley	 	CA	 	91352
	28377 Felix Valdez Avenue
	 	Temecula	 	CA	 	92590
	Airport Boulevard & 22nd Avenue
	 	Aurora	 	CO	 	80010
	0112 Summit County Road #450
	 	Breckenridge	 	CO	 	80424
	0116 Country Road 450
	 	Breckenridge	 	CO	 	80424
	460 32nd Road
	 	Clifton	 	CO	 	81520
	2401 Steel Drive
	 	Colorado Springs	 	CO	 	80907
	955 Valley Street
	 	Colorado Springs	 	CO	 	80915
	11250 East 40th Avenue
	 	Denver	 	CO	 	80239
	1250 Zuni Street
	 	Denver	 	CO	 	80204
	1045 Chambers Ave. Lot C-11
	 	Eagle	 	CO	 	81631
	1429 E. Mulberry
	 	Fort Collins	 	CO	 	80524
	125 8th Avenue
	 	Greeley	 	CO	 	80631
	650 S. 11th Street
	 	Gunnison	 	CO	 	81230
	13109 N. Highway 85
	 	Littleton	 	CO	 	80125
	900 S. Sunset Road
	 	Longmont	 	CO	 	80501
	2372 E. Main Street
	 	Montrose	 	CO	 	81401

5

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	18810 Longs Way
	 	Parker	 	CO	 	80134
	814 N Santa Fe Avenue
	 	Pueblo	 	CO	 	81003
	249 Adams Avenue
	 	Silverthorne	 	CO	 	80498
	2251 Downhill Drive
	 	Steamboat Springs	 	CO	 	80477
	481 West 84th Avenue
	 	Thornton	 	CO	 	80260
	28587 Sussex Highway
	 	Laurel	 	DE	 	19956
	900 Basin Road
	 	New Castle	 	DE	 	19720
	29 E Commons Boulevard, Suite 220
	 	New Castle	 	DE	 	19720
	2850 W. State Road 520
	 	Cocoa	 	FL	 	32926
	1830 Mason Avenue
	 	Daytona Beach	 	FL	 	32117
	119 Doodle Avenue
	 	Fort Walton Beach	 	FL	 	32547
	3051 Hanson Street
	 	Ft. Myers	 	FL	 	33916
	3019 S. US Highway 1
	 	Ft. Pierce	 	FL	 	34982
	2136 W. Beaver Street
	 	Jacksonville	 	FL	 	32209
	8618 Philips Highway
	 	Jacksonville	 	FL	 	32256
	2471 Smith Street
	 	Kissimmee	 	FL	 	34744
	(c/o BVCC) 3291 Wedway
	 	Lake Buena Vista,	 	FL	 	32830
	539 S.W. Arrowhead Terrace
	 	Lake City	 	FL	 	32024
	3110 Winter Lake Road
	 	Lakeland	 	FL	 	33803
	3635 Hwy. 98 N.
	 	Lakeland	 	FL	 	33809
	14144 66th Street N.
	 	Largo	 	FL	 	33771
	100 Weber Ave & Hwy 44
	 	Leesburg	 	FL	 	34748
	907 East Canal Street
	 	Mulberry	 	FL	 	33860
	4201 L.B. McLeod
	 	Orlando	 	FL	 	32811
	327 Thorpe Road — Surplus Location
	 	Orlando	 	FL	 	32824
	1503 West 15th Street
	 	Panama City	 	FL	 	32401
	5580 N. Pensacola Boulevard
	 	Pensacola	 	FL	 	32505
	691 N.W. 31st Avenue
	 	Pompano Beach	 	FL	 	33069
	6717 US Highway 19
	 	Port Richey	 	FL	 	34652
	11507 U.S. 19 North
	 	Port Richey	 	FL	 	34652
	2613 Orlando Drive
	 	Sanford	 	FL	 	32773
	1835 N. Washington Blvd
	 	Sarasota	 	FL	 	34234
	725 S.E. Monterey Road
	 	Stuart	 	FL	 	34994
	705 S.E. Monterey Road
	 	Stuart	 	FL	 	34994
	709 West Gaines Street
	 	Tallahassee	 	FL	 	32304
	3655 N. Monroe Street
	 	Tallahassee	 	FL	 	32303
	2445 Capital Circle NE
	 	Tallahassee	 	FL	 	32308
	5907 E. Adamo Drive
	 	Tampa	 	FL	 	33619
	7907 Baseline Court
	 	Tampa	 	FL	 	33637
	6575 Southern Boulevard
	 	West Palm Beach	 	FL	 	33413
	355 5th Street SW
	 	Winter Haven	 	FL	 	33880
	729 S. Westover Boulevard
	 	Albany	 	GA	 	31721
	3521 Old
Savannah Road.
	 	Augusta	 	GA	 	30906
	50 Trade Street
	 	Bogart	 	GA	 	30622
	1008 Commercial St
	 	Brunswick	 	GA	 	31520
	135 Peachtree Road
	 	Byron	 	GA	 	31008
	2400 Whittlesey Road
	 	Columbus	 	GA	 	31909
	1747 Warm
Springs Road.
	 	Columbus	 	GA	 	31904

6

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	1747 Warm Springs Road
	 	Columbus	 	GA	 	31904
	Lot 302 Highway 9
	 	Cumming	 	GA	 	30040
	921 East Morris Street
	 	Dalton	 	GA	 	30721
	5260 Truman Drive
	 	Decatur	 	GA	 	30035
	6535 Bankhead Highway
	 	Douglasville	 	GA	 	30135
	392 North Expressway
	 	Griffin	 	GA	 	30223
	2123 Hamilton Road
	 	La Grange	 	GA	 	30240
	229 Hurricane Shoals Road
	 	Lawrenceville	 	GA	 	30045
	1950 Guffin Lane
	 	Marietta	 	GA	 	30066
	35 Herring Road
	 	Newnan	 	GA	 	30265
	616 Hwy 138 S.W.
	 	Riverdale	 	GA	 	30274
	3297 Martha Berry Highway
	 	Rome	 	GA	 	30165
	1000 Chatham Parkway North
	 	Savannah	 	GA	 	31408
	16300 U.S. Highway 80 West
	 	Statesboro	 	GA	 	30458
	10247 Highway 84 East
	 	Thomasville	 	GA	 	31792
	4383 Inner Perimeter Road
	 	Valdosta	 	GA	 	31602
	323 South Houston Lake Road
	 	Warner Robins	 	GA	 	31088
	2325 SE 5th Street
	 	Ames	 	IA	 	500410
	5735 4th Street SW
	 	Cedar Rapids	 	IA	 	52404
	2700 S. 17th Street
	 	Clinton	 	IA	 	52732
	2021 NE Broadway
	 	Des Moines	 	IA	 	50313
	390 E. 12th Street
	 	Dubuque	 	IA	 	52001
	1303 Washington Street
	 	Muscatine	 	IA	 	52761
	4016 Highway Boulevard
	 	Spencer	 	IA	 	51301
	2025 Westfield Avenue
	 	Waterloo	 	IA	 	50701
	4117 W. Mount Pleasant
	 	West Burlington	 	IA	 	52655
	2701 South Main Street
	 	Bloomington	 	IL	 	61704
	22634 South Frontage Road West
	 	Channahon	 	IL	 	60410
	5076 Mid America Court
	 	Collinsville	 	IL	 	62234
	4419 & 4375 Reas Bridge Road
	 	Decatur	 	IL	 	62521
	1845 East Lincoln Highway
	 	DeKalb	 	IL	 	60115
	3407 N. Main Street
	 	East Peoria	 	IL	 	61611
	2201 East Higgins Road
	 	ElK Grove Village	 	IL	 	60007
	3913 24th Street
	 	Moline	 	IL	 	61265
	2901 N. Peoria
	 	Peru	 	IL	 	61354
	3801 Maine Street
	 	Quincy	 	IL	 	62305
	3736 11th Street
	 	Rockford	 	IL	 	61109
	c/o Shell Oil-Purchasing Warehouse, Rt. 111
	 	Roxana	 	IL	 	62084
	1600 S. Dirksen Parkway
	 	Springfield	 	IL	 	62703
	1414 Triumph Drive
	 	Urbana	 	IL	 	61802
	300 W. Chicago Avenue
	 	E. Chicago	 	IN	 	46312
	300 W. Chicago Avenue
	 	E. Chicago	 	IN	 	46312
	4828 Constellation Avenue
	 	Evansville	 	IN	 	47715
	3805 S. Harding Street
	 	Indianapolis	 	IN	 	46217
	4311 North Mayflower Road
	 	South Bend	 	IN	 	46628
	5101 East 63rd Street
	 	Derby	 	KS	 	67037
	307 North 14th Avenue
	 	Dodge City	 	KS	 	67801
	1100 Vine Street
	 	Hays	 	KS	 	67601

7

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	31st St & Haskell Avenue
	 	Lawrence	 	KS	 	66046
	325 S. Kansas Avenue
	 	Liberal	 	KS	 	67901
	915 Enoch Lane
	 	Manhattan	 	KS	 	66502
	11615 S. Rogers Road
	 	Olathe	 	KS	 	66062
	1500 S. Broadway
	 	Salina	 	KS	 	67401
	9707 E. Orme
	 	Wichita	 	KS	 	67207
	9127 West Kellogg Drive
	 	Wichita	 	KS	 	97209
	970 Lovers Lane
	 	Bowling Green	 	KY	 	42104
	912 W Cumberland Gap Parkway
	 	Corbin	 	KY	 	40701
	530 South 4th Street
	 	Danville	 	KY	 	40422
	528 S. 4th Street
	 	Danville	 	KY	 	40422
	6270 N. Dixie Highway
	 	Elizabethtown	 	KY	 	42701
	65 Sulphur Springs Road
	 	Lebanon	 	KY	 	40033
	1677 Jaggie Fox Way
	 	Lexington	 	KY	 	40511
	3485 Roger E. Schupp Street
	 	Louisville	 	KY	 	40205
	3525 Park Avenue / U.S. Highway 60
	 	Peducah	 	KY	 	42001
	6001 Atwood Drive
	 	Richmond	 	KY	 	40475
	3612 Coliseum Boulevard
	 	Alexandria	 	LA	 	71303
	6952 & 6958 Airline Highway
	 	Baton Rouge	 	LA	 	70805
	913 Chippewa Street
	 	Baton Rouge	 	LA	 	70805
	4911 Highway 90 East
	 	Broussard	 	LA	 	70518
	1790 Paris Road-Gate #3
	 	Chalmette	 	LA	 	70044
	2235 Highway 70
	 	Donaldsonville	 	LA	 	70346
	8404 River Road
	 	Geismar	 	LA	 	70734
	38385 Highway 30
	 	Gonzales	 	LA	 	70737
	10606 E. Main Street
	 	Houma	 	LA	 	70363
	2500 W. Airline Highway
	 	LaPlace	 	LA	 	70068
	11832 Lake Charles Highway
	 	Leesville	 	LA	 	71446
	68674 Highway 59
	 	Mandeville	 	LA	 	70448
	11580 Chef Menteur Highway
	 	New Orleans	 	LA	 	70128
	Hwy. 61 - Gate 44
	 	Norco	 	LA	 	70079
	333 Griffith Street
	 	Pineville	 	LA	 	71360
	58020 Industrial Boulevard
	 	Plaquemine	 	LA	 	70764
	300 Lynbrook Boulevard
	 	Shreveport	 	LA	 	71106
	900 Hwy. 108
	 	Sulphur	 	LA	 	70664
	3301 Cities Service Highway
	 	Westlake	 	LA	 	70669
	2200 Old Spanish Trail
	 	Westlake	 	LA	 	70669
	Ppg- 1300 Ppg Drive
	 	Westlake	 	LA	 	70669
	1444 W. Bank Expressway
	 	Westwego	 	LA	 	70094
	1446 W. Bank Expressway
	 	Westwego	 	LA	 	70094
	1303 Governor Court
	 	Abingdon	 	MD	 	21009
	3925 Washington Boulevard
	 	Baltimore	 	MD	 	21227
	8200 Cryden Way
	 	Forestville	 	MD	 	20747
	4620 Wedgewood Boulevard
	 	Frederick	 	MD	 	21703
	9430 Early Drive
	 	Hagerstown	 	MD	 	21740
	1006 S. Division Avenue
	 	Grand Rapids	 	MI	 	49507
	5135 68th Street SE
	 	Grand Rapids	 	MI	 	49548
	1790 Radisson Road NE
	 	Blaine	 	MN	 	55449

8

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	3750 Highway 13 West
	 	Burnsville	 	MN	 	55337
	4201 West First Street
	 	Duluth	 	MN	 	55807
	1226 E. 16th Avenue & 1508 13th Street E.
	 	Hibbing	 	MN	 	55746
	6740 Hudson Boulevard
	 	Oakdale	 	MN	 	55128
	6740 Hudson Boulevard
	 	Oakdale	 	MN	 	55128
	2340 Fernbrook Lane
	 	Plymouth	 	MN	 	55447
	3200 Harbor Lane
	 	Plymouth	 	MN	 	55447
	3020 Highway 63 North
	 	Rochester	 	MN	 	55906
	3352 Southway Drive
	 	St. Cloud	 	MN	 	56301
	4609 Crossroads Ind. Boulevard
	 	Bridgeton	 	MO	 	63044
	2050 Southern Expressway
	 	Cape Girardeau	 	MO	 	63703
	1606 Commerce Court
	 	Columbia	 	MO	 	65202
	449 St. Ferdinand
	 	Florissant	 	MO	 	63031
	#48 Industrial Park Drive
	 	Hollister	 	MO	 	65672
	2805 Newman Road
	 	Joplin	 	MO	 	64801
	1040 Burlington
	 	Kansas City	 	MO	 	64116
	1401 W. Potter Avenue
	 	Kirksville	 	MO	 	63501
	3008 Baltimore Street
	 	Kirksville	 	MO	 	63501
	951 SE. Oldham Parkway
	 	Lees Summit	 	MO	 	64801
	5635 Highway 54
	 	Osage Beach	 	MO	 	65065
	1326 S. Bishop Avenue
	 	Rolla	 	MO	 	65401
	3140 E. Kearney
	 	Springfield	 	MO	 	65803
	1717 Ford Lane
	 	St. Charles	 	MO	 	63303
	3818 South Leonard Road
	 	St. Joseph	 	MO	 	64503
	754 E. Young
	 	Warrensburg	 	MO	 	64093
	611 Creach Drive
	 	Warrensburg	 	MO	 	64093
	227 Shelton Street
	 	Columbus	 	MS	 	39702
	80 Grady Road
	 	Grenada	 	MS	 	38901
	10230 Logan Cline Drive
	 	Gulfport	 	MS	 	39503
	5595 Highway 49 South
	 	Hattiesburg	 	MS	 	39402
	4330 Highway 80 West
	 	Jackson	 	MS	 	38209
	3035 S. Frontage Road
	 	Meridian	 	MS	 	39301
	On-Site facility at Chevron Products
	 	Pascagoula	 	MS	 	39581
	7217 Airways Road
	 	Southaven	 	MS	 	38671
	307 Industrial Park Road
	 	Starkville	 	MS	 	39759
	Highway 25 Bypass @ Reed Road
	 	Starkville	 	MS	 	39759
	1948 Cliff Gookin Boulevard
	 	Tupelo	 	MS	 	38801
	750 Highway 61 North
	 	Vicksburg	 	MS	 	39180
	3883 Sweeten Creek Road
	 	Arden	 	NC	 	28704
	141 Sweeten Creek Road
	 	Asheville	 	NC	 	28803
	3022 Griffith Street
	 	Charlotte	 	NC	 	28203
	10840 Metromont Parkway
	 	Charlotte	 	NC	 	28269
	500-C Clanton Rd
	 	Charlotte	 	NC	 	28217
	723 Hwy. 29 North
	 	Concord	 	NC	 	28029
	200 S. LaSalle Street
	 	Durham	 	NC	 	27705
	1000 Halstead Boulevard
	 	Elizabeth City	 	NC	 	27909
	6133 Murchison Road
	 	Fayetteville	 	NC	 	28311
	4301 Murchison Road
	 	Fayetteville	 	NC	 	28311

9

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	105 Swing Road
	 	Greensboro	 	NC	 	27409
	229 Center Street
	 	Jacksonville	 	NC	 	28546
	4013 Highway 74 West
	 	Monroe	 	NC	 	28110
	342 & 344 Plaza Drive, Hwy 150
	 	Mooresville	 	NC	 	28115
	505 East Plaza Drive
	 	Mooresville	 	NC	 	28115
	5600 Chapel Hill Road
	 	Raleigh	 	NC	 	27607
	4320 New Bern Avenue
	 	Raleigh	 	NC	 	27610
	1020 N. Front Street
	 	Wilmington	 	NC	 	28401
	NC. 3800 N. Patterson Avenue
	 	Winston-Salem	 	NC	 	27105
	4258 3rd Avenue NW
	 	Fargo	 	ND	 	58102
	3004 Thunder Road South
	 	Fargo	 	ND	 	58102
	650 Industrial Road
	 	Blair	 	NE	 	68008
	3708 Arch Avenue
	 	Grand Island	 	NE	 	68803
	8616 S. 135th Street
	 	LaVista	 	NE	 	68138
	1821 Cornhusker Highway
	 	Lincoln	 	NE	 	68521
	1830 Yolande
	 	Lincoln	 	NE	 	68521
	2120 E. 4th Street
	 	North Platte	 	NE	 	69101
	230394 Highland Road
	 	Scottsbluff	 	NE	 	69361
	1090 & 1094 Mantua Pike, Rt 45
	 	Wenonah	 	NJ	 	08090
	1437 Hwy 70 West
	 	Alamogordo	 	NM	 	88310
	201 Juan Tabo NE
	 	Albuquerque	 	NM	 	87123
	9170 Coors NW
	 	Albuquerque	 	NM	 	87120
	2401 Menaul NE
	 	Albuquerque	 	NM	 	87107
	1804 Texas Avenue
	 	Eunice	 	NM	 	88231
	181 S. Browning Parkway
	 	Farmington	 	NM	 	87401
	2323 West Hwy. 66
	 	Gallup	 	NM	 	87301
	Lots C-5 & C6 Del Camino Road
	 	Santa Fe	 	NM	 	87502
	2707 Cerrillos
	 	Santa Fe	 	NM	 	87507
	3380 St. Rose Parkway
	 	Henderson	 	NV	 	89052
	575 E. Exchange Street
	 	Akron	 	OH	 	44036
	3660 Interchange Road
	 	Columbus	 	OH	 	43204
	4300 Muhlhauser Road
	 	Fairfield	 	OH	 	45014
	1049 S. McCord Road
	 	Holland	 	OH	 	43528
	7094 Truck World Boulevard
	 	Hubbard	 	OH	 	44425
	5773 Executive Boulevard
	 	Huber Heights	 	OH	 	45424
	1291 Medina Road
	 	Medina	 	OH	 	44256
	2200 Falcon Road
	 	Altus	 	OK	 	73521
	3003 East Broadway Street
	 	Altus	 	OK	 	73521
	3212 Prairie Valley Road
	 	Ardmore	 	OK	 	73401
	3801 SE Nowata Road
	 	Bartlesville	 	OK	 	74006
	3801 SE Nowata Road
	 	Bartlesville	 	OK	 	74006
	708 W. Elgin Street
	 	Broken Arrow	 	OK	 	74012
	2420 Lee Boulevard
	 	Lawton	 	OK	 	73505
	2900 North Interstate Drive
	 	Norman	 	OK	 	73072
	8104 Northwest Expressway
	 	Oklahoma City	 	OK	 	73162
	324 W. Memorial Road
	 	Oklahoma City	 	OK	 	73114
	3101 South Prospect
	 	Oklahoma City	 	OK	 	73129
	1000 South Pine
	 	Ponca City	 	OK	 	74602

10

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	3520 N. Perkins Road
	 	Stillwater	 	OK	 	74075
	9222 East 21st Street
	 	Tulsa	 	OK	 	74129
	10601 S. Memorial Drive
	 	Tulsa	 	OK	 	74133
	3301 North Garnett Road
	 	Tulsa	 	OK	 	74116
	61530 S. Highway 97
	 	Bend	 	OR	 	97702
	1385 SE Amber Road
	 	Clackamus	 	OR	 	97015
	1819 Highway 101 South
	 	Coos Bay	 	OR	 	97420
	2100 Hwy 99N
	 	Eugene	 	OR	 	97402
	915 E. Elm Avenue
	 	Hermiston	 	OR	 	97838
	3344 Washburn Way
	 	Klamath Falls	 	OR	 	97603
	2333 S. Hwy 97
	 	Redmond	 	OR	 	97756
	2661 N.W. Stephens Street
	 	Roseburg	 	OR	 	97470
	3092 Silverton Road
	 	Salem	 	OR	 	97301
	100 Liberty Lane
	 	Chalfont	 	PA	 	18914
	947 Route 22 East
	 	Duncansville	 	PA	 	16635
	932 S. 13th Street
	 	Harrisburg	 	PA	 	17104
	1209 Marshall Avenue
	 	Lancaster	 	PA	 	17601
	6778 Lincoln Highway West
	 	Thomasville	 	PA	 	17364
	944 Manifold Rd
	 	Washington	 	PA	 	15301
	610 Pine Log Road
	 	Aiken	 	SC	 	29803
	8008 Dorchester Road
	 	Charleston	 	SC	 	29418
	2841 Azalea Drive
	 	Charleston	 	SC	 	29405
	1400 Bluff Road
	 	Columbia	 	SC	 	29201
	Lot 2 Sally Hill Farm Business Park
	 	Florence	 	SC	 	29501
	1000 Woodruff Road
	 	Greenville	 	SC	 	29607
	2402 Highway 72/221 E. Brickyard Road
	 	Greenwood	 	SC	 	29648
	132 Matthews Drive
	 	Hilton Head	 	SC	 	29926
	709 Seaboard Street
	 	Myrtle Beach	 	SC	 	29577
	910 Riverview Road
	 	Rock Hill	 	SC	 	29732
	3620 North Lewis Avenue
	 	Sioux Falls	 	SD	 	57104
	Highway 70/Kirby-Whitten Road
	 	Bartlett	 	TN	 	38133
	5121 Maryland Way
	 	Brentwood	 	TN	 	37027
	4293 Highway 58
	 	Chattanooga	 	TN	 	37416
	147 Jack Miller Boulevard
	 	Clarksville	 	TN	 	37042
	1500 Fritz Street SE
	 	Cleveland	 	TN	 	37323
	1830 Foreman Drive
	 	Cookeville	 	TN	 	38501
	608 West Avenue
	 	Crossville	 	TN	 	38555
	109 Century Court
	 	Franklin	 	TN	 	37064
	174 Kenworth Boulevard
	 	Jackson	 	TN	 	38305
	800 Boone Station Road
	 	Johnson City	 	TN	 	37615
	10639 Dutchtown Road
	 	Knoxville	 	TN	 	37932
	1255 Bridgestone Parkway
	 	LaVergne	 	TN	 	37086
	5188 Eastgate Boulevard
	 	Lebanon	 	TN	 	37122
	2039 Fletcher Creek Road
	 	Memphis	 	TN	 	38133
	6688 W. A. Johnson Highway
	 	Morristown	 	TN	 	37877
	1425 S. Church Street
	 	Murfreesboro	 	TN	 	37130
	301 Crutcher Street
	 	Nashville	 	TN	 	37213
	1766 S. Treadaway
	 	Abilene	 	TX	 	79602

11

 

Schedule
D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	3900 Interstate 40 East
	 	Amarillo	 	TX	 	79103
	10300 I.H. 35 North
	 	Austin	 	TX	 	78753
	East Ben
4811a/k/Chapman Lane a 3536 White
	 	Austin	 	TX	 	78744
	201 Avenue F North
	 	Bay City	 	TX	 	77410
	8500 W. Bay Road
	 	Baytown	 	TX	 	77520
	4225 College Street
	 	Beaumont	 	TX	 	77707
	Bufford St. Gate
	 	Beaumont	 	TX	 	77720
	29880 W IH-10
	 	Boerne	 	TX	 	78006
	2700 W. Highway 290
	 	Brenham	 	TX	 	77833
	U.S. Highway 79 South OR 766 Highway 79 West
	 	Buffalo	 	TX	 	75831
	8280 Sheldon Road
	 	Channelview	 	TX	 	77530
	2301 S. Texas Avenue
	 	College Station	 	TX	 	77840
	585 S. Padre Island
	 	Corpus Christi	 	TX	 	78405
	585 S. Padre Island
	 	Corpus Christi	 	TX	 	78410
	2728 Westmoreland
	 	Dallas	 	TX	 	75212
	Highway 225 - Gate 19
	 	Deer Park	 	TX	 	77536
	P.O. Box 651
	 	Deer Park	 	TX	 	77536
	6914 Gateway East
	 	El Paso	 	TX	 	79915
	2011 Highway 288
	 	Freeport	 	TX	 	77541
	2011 Highway 288
	 	Freeport	 	TX	 	77541
	602 Copper Road
	 	Freeport	 	TX	 	77541
	12997 North Freeway
	 	Ft Worth	 	TX	 	76177
	4900 E. Loop 820 South
	 	Ft. Worth	 	TX	 	76119
	6311 Harborside Drive
	 	Galveston	 	TX	 	77554
	2809 West Kinglsey Road
	 	Garland	 	TX	 	75041
	911 South Loop West
	 	Houston	 	TX	 	77054
	8424 Hansen Road
	 	Houston	 	TX	 	77075
	11003 Bissonnet
	 	Houston	 	TX	 	77099
	12245 Veterans Memorial Pkwy
	 	Houston	 	TX	 	77067
	15210 FM 529 at Highway 6
	 	Houston	 	TX	 	77095
	8200 East Freeway
	 	Houston	 	TX	 	77029
	16225 Park Ten Place - 200
	 	Houston	 	TX	 	77084
	16225 Park Ten Place -110
	 	Houston	 	TX	 	77084
	3595 FM 1960 West
	 	Humble	 	TX	 	77338
	820 Bus Highway 30 E
	 	Huntsville	 	TX	 	77320
	20202 Park Row
	 	Katy	 	TX	 	77449
	1300 W. Central TX Expressway
	 	Killeen	 	TX	 	76542
	458 Plantation Drive
	 	Lake Jackson	 	TX	 	77566
	8807 & 8787 Highway 225
	 	LaPorte	 	TX	 	77571
	737 East Main
	 	Lewisville	 	TX	 	75057
	1419 FM 1845
	 	Longview	 	TX	 	75603
	317 Southeast Loop 289
	 	Lubbock	 	TX	 	79404
	3500 Ellen Trout Drive
	 	Lufkin	 	TX	 	75904
	1533 N. McDonald
	 	McKinney	 	TX	 	75071
	320 North Highway 67
	 	Midlothian	 	TX	 	76065
	1635 Industrial PK Drive
	 	Nederland	 	TX	 	77627

12

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	Fm 524 & Hwy 35 South Gate 54
	 	Old Ocean	 	TX	 	77463
	5194 FM 1006
	 	Orange	 	TX	 	77630
	3925 N. Cage Boulevard
	 	Pharr	 	TX	 	78577
	32000 SH #249
	 	Pinehurst	 	TX	 	77362
	2727 Avenue K
	 	Plano	 	TX	 	75074
	824 S. Hwy 35 Bypass
	 	Port Lavaca	 	TX	 	77979
	2735 FM 2218
	 	Rosenberg	 	TX	 	77471
	3301 Interstate Highway 35 North
	 	Round Rock	 	TX	 	78664
	2225 Austin Street
	 	San Angelo	 	TX	 	76903
	5120 Wurzbach Road
	 	San Antonio	 	TX	 	78238
	5333 E. Houston
	 	San Antonio	 	TX	 	78220
	5333 E. Houston
	 	San Antonio	 	TX	 	78220
	1200 West Business 77
	 	San Benito	 	TX	 	78586
	4542 IH 35
	 	San Marcos	 	TX	 	78666
	2510 S. Main Street
	 	Stafford	 	TX	 	77472
	5210 S. General Bruce
	 	Temple	 	TX	 	76502
	2022 Texas Boulevard
	 	Texarkana	 	TX	 	75501
	4002 Texas Avenue
	 	Texas City	 	TX	 	77590
	6931 Woodway Drive
	 	Waco	 	TX	 	76712
	2201 Tin Top Road, #400
	 	Weatherford	 	TX	 	76086
	17700 Highway 3
	 	Webster	 	TX	 	77598
	6230 Southwest Parkway
	 	Wichita Falls	 	TX	 	76310
	1113 Sheppard Access Road
	 	Wichita Falls	 	TX	 	76304
	I-45 North
	 	Willis	 	TX	 	77318
	2781 W. 2100 South
	 	West Valley City	 	UT	 	84119
	315 West Main Street
	 	Charlottesville	 	VA	 	22903
	Meade Street
	 	Charlottesville	 	VA	 	22902
	3501 Business Center Drive
	 	Chesapeake	 	VA	 	23323
	1570 Radford Road
	 	Christiansburg	 	VA	 	24073
	2787 Simmons Drive
	 	Cloverdale	 	VA	 	24077
	4616 Lassen Lane
	 	Fredericksburg	 	VA	 	22408
	8405 Brook Road
	 	Glen Allen	 	VA	 	23060
	8401 Brook Road
	 	Glen Allen	 	VA	 	23060
	602 Copeland Drive
	 	Hampton	 	VA	 	23661
	161 Charles Street
	 	Harrisonburg	 	VA	 	22802
	700 South 15th Avenue
	 	Hopewell	 	VA	 	23860
	3560 Young Place
	 	Lynchburg	 	VA	 	24501
	11104 Industrial Road
	 	Manassas	 	VA	 	20109
	9801 Nokesville Road
	 	Manassas	 	VA	 	20110
	13710 Booker T. Washington Highway
	 	Moneta	 	VA	 	24121
	6710-6720 Everglades Drive
	 	Richmond	 	VA	 	23225
	6725 Atmore Drive
	 	Richmond	 	VA	 	23225
	1201 Electric Road
	 	Salem	 	VA	 	24153
	43461 Old Ox Road
	 	Sterling	 	VA	 	20164
	2413 London Bridge Road
	 	Virginia Beach	 	VA	 	23456
	1344 Taylor Farm Road
	 	Virginia Beach	 	VA	 	23456
	249 E. Shirley Avenue
	 	Warrenton	 	VA	 	20186
	1961 S. Loudoun Street
	 	Winchester	 	VA	 	22601

13

 

Schedule D

to Credit Agreement

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	1308 Horner Road
	 	Woodbridge	 	VA	 	22191
	501 South Main
	 	Ellensburg	 	WA	 	98926
	2810 Highland Avenue
	 	Everett	 	WA	 	98201
	W. Clearwater Avenue
	 	Kennewick	 	WA	 	99336
	1210 W. Broadway
	 	Moses Lake	 	WA	 	98837
	1301 East College Way
	 	Mt Vernon	 	WA	 	98273
	9045 Willows Road
	 	Redmond	 	WA	 	98052
	5421 1st Avenue South
	 	Seattle	 	WA	 	98108
	S. Dawson St.
	 	Seattle	 	WA	 	98108
	2302 East “Q” Street
	 	Tacoma	 	WA	 	98421
	7920 N.E. St. Johns Rd.
	 	Vancouver	 	WA	 	98665
	7920 NE St. Johns Rd
	 	Vancouver	 	WA	 	98665
	421 S. Wenatchee Blvd.
	 	Wenatchee	 	WA	 	98801
	1610 W. Wisconsin Avenue
	 	Appleton	 	WI	 	54914
	3161 Market Street
	 	Green Bay	 	WI	 	54304
	2809 Larson Street
	 	LaCrosse	 	WI	 	54603
	26 Marsh Court
	 	Madison	 	WI	 	53718
	5814 Green Valley Road
	 	Oshkosh	 	WI	 	54904
	5809 Highway 8 West
	 	Rhinelander	 	WI	 	54501
	5605 Mesker Street
	 	Schofield	 	WI	 	54476
	21600 Doral Road
	 	Waukesha	 	WI	 	53186
	21650 Doral Road
	 	Waukesha	 	WI	 	53186
	309 North Eisenhower Drive
	 	Beckley	 	WV	 	25801
	309 North Eisenhower Drive
	 	Beckley	 	WV	 	25801
	307 N Eisenhower Drive
	 	Beckley	 	WV	 	25801
	181 Oak Carriage Drive
	 	Lewisburg	 	WV	 	24901
	319 Oakvale Road
	 	Princeton	 	WV	 	24740
	3233 Cy Avenue
	 	Casper	 	WY	 	82604
	709 West Lincolnway
	 	Cheyenne	 	WY	 	82001
	1450 Coffeen Avenue
	 	Sheridan	 	WY	 	82801

14

 

Schedule D

to Credit Agreement

II. RENTAL SERVICE CORPORATION OF CANADA LTD.

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	4915 101st Avenue
	 	Edmonton	 	AB	 	T6A-0L6
	5518 50th Avenue
	 	Bonnyville	 	AB	 	T9N-2K8
	15730 118th Avenue
	 	Edmonton	 	AB	 	T5V-1C4
	275 MacAlpine Crescent
	 	Fort McMurray	 	AB	 	T9H 4Y4
	265 MacAlpine Crescent
	 	Fort McMurray	 	AB	 	T9H 4Y4
	244, 2181 Premier Way
	 	Sherwood Park	 	AB	 	T8H 2V1
	3639 8th Street SE
	 	Calgary	 	AB	 	T2G 3A5
	6734 - 65th Avenue
	 	Red Deer	 	AB	 	T4P 1A5
	3915 38th Street
	 	Whitecourt	 	AB	 	T7S-1P1
	2230-9th Avenue
	 	Medicine Hat	 	AB	 	T1A 8E9
	1405 33 Street N.
	 	Lethbridge	 	AB	 	TAH 5H2
	5114 62nd Street
	 	Lloydminster	 	AB	 	T9V 2E4
	6205 51st Avenue
	 	Lloydminster	 	AB	 	T9V 2E4
	275 Macalpine Crescent
	 	Ft. McMurray	 	AB	 	T9H 4Y4
	705 Laval Crescent
	 	Kamloops	 	BC	 	V2C 5P2
	1375 Vernon Drive
	 	Vancouver	 	BC	 	V6A 3C4
	1905 Merivale Road
	 	Nepean	 	ON	 	K2G 1E7
	47 Cardico Drive, Unit 2
	 	Gormley	 	ON	 	L0H 1G0
	396 McGregor Road, Unit A
	 	Sarnia	 	ON	 	N7T 7H5
	5888 Shawson Drive
	 	Mississauga	 	ON	 	L4W 3W5
	2921 Millar Avenue
	 	Saskatoon	 	SK	 	S7K-6P6
	235 McDonald St. North
	 	Regina	 	SK	 	S4N-5W2
	59 17th Street West
	 	Prince Albert	 	SK	 	S6V-3X2
	850 High Street
	 	Moose Jaw	 	SK	 	S6H 1T9

15

 

Schedule 4.16(a)

to Credit Agreement

Schedule 4.16(a): DDAs 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426237631	 	Bank of America,	 	2136 W. Beaver Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Jacksonville, FL 32209	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237644	 	Bank of America,	 	8618 Phillips Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Jacksonville, FL 32256	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232267	 	Bank of America,	 	3301 Cities Service Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Westlake, LA 70669	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237657	 	Bank of America,	 	911 S. Loop West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Houston, TX 77054	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232270	 	Bank of America,	 	38385 Highway 30	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Gonzales, LA 70737	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426230968	 	Bank of America,	 	U.S.Highway 79 South	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Buffalo, TX 75831	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237660	 	Bank of America,	 	8424 Hansen Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Houston, TX 77075	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237673	 	Bank of America,	 	3500 Ellen Trout Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lufkin, TX 75904	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426230971	 	Bank of America,	 	1419 Fm 1845	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Longview, TX 75603	 	(203)  973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237686	 	Bank of America,	 	2301 South Texas Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	College Station, TX 77840	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237699	 	Bank of America,	 	820 Highway 30 East	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Huntsville, TX 77320	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426230984	 	Bank of America,	 	2700 West Highway 290	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Brenham, TX 77833	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237709	 	Bank of America,	 	5210 So. General Bruce	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Temple, TX 76502	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237712	 	Bank of America,	 	3301 Interstate Highway 35	 	Pat Sheridan
	 
	 	 	 	N.A.	 	North Round Rock, TX 78664	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232283	 	Bank of America,	 	750 Hwy 61 North	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Vicksburg, MS 39180	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237725	 	Bank of America,	 	585 South Padre Island Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Corpus Christi, TX 78405	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232296	 	Bank of America,	 	4330 Highway 80 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Jackson, MS 39209	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232306	 	Bank of America,	 	5595 Highway 49 South	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hattiesburg, MS 39401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231213	 	Bank of America,	 	19862 County Road 20	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Foley, AL 36535	 	(203)  973-1982

16

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name
of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426232319	 	Bank of America,	 	227 Shelton Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Columbus, MS 39702	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237738	 	Bank of America,	 	14144 66th Street North	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Largo, FL 33771	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237835	 	Bank of America,	 	6717 U.S.Highway 19	 	Pat Sheridan
	 
	 	 	 	N.A.	 	New Port Richey, FL 34652	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237741	 	Bank of America,	 	3019 S. U.S.Highway 1	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Fort Pierce, FL 34982	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237848	 	Bank of America,	 	3051 Hanson Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Ft Myers, FL 33916	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232678	 	Bank of America,	 	3180 Hwy 20 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Decatur, AL 35601	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231226	 	Bank of America,	 	3235 Veterans Circle	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Birmingham, AL 35235	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237754	 	Bank of America,	 	2123 Hamilton Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lagrange,  GA 30240	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231239	 	Bank of America,	 	2400 Whittlesey Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Columbus, GA 31909	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231242	 	Bank of America,	 	1747 Warm Springs Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Columbus, GA 31904	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231255	 	Bank of America,	 	2379 Bent Creek Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Auburn, AL 36830	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237851	 	Bank of America,	 	35 Herring Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Newnan, GA 30265	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237767	 	Bank of America,	 	6535 Bankhead Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Douglasville, GA 30135	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237864	 	Bank of America,	 	616 Highway 138 SW	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Riverdale, GA 30274	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232416	 	Bank of America,	 	1214 Jefferson Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Demopolis, AL 36732	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231268	 	Bank of America,	 	2750 Southside Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tuscaloosa, AL 35401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237770	 	Bank of America,	 	729 S. Westover Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Albany, GA 31721	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237877	 	Bank of America,	 	3521 Mike Padgett Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Augusta,  GA 30906	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237783	 	Bank of America,	 	4293 Highway 58	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Chattanooga, TN 37416	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237796	 	Bank of America,	 	1351 Atlanta Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cumming, GA 30040	 	(203)  973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237806	 	Bank of America,	 	50 Trade Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Bogart, GA 30622	 	(203) 973-1982

17

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426231365	 	Bank of America,	 	3297 Martha Berry Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Rome, GA 30165	 	(203)973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237819	 	Bank of America,	 	6575 Southern Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	West Palm Beach, FL 33413	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237822	 	Bank of America,	 	1830 Mason Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Daytona Beach, FL 32117	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232584	 	Bank of America,	 	43388 Us Highway 72	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Stevenson, AL 35772	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232681	 	Bank of America,	 	3180 Leeman Ferry Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Huntsville, AL 35801	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232597	 	Bank of America,	 	1002 E 2nd Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Muscle Shoals, AL 35661	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216403	 	Bank of America,	 	11832 Lake Charles Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Leesville, LA 71446	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232322	 	Bank of America,	 	3612 Coliseum Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Alexandria, LA 71303	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232429	 	Bank of America,	 	330 Griffith Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Pineville, LA 71360	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237880	 	Bank of America,	 	6230 Southwest Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Wichita Falls, TX 76310	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	3752128486	 	Bank of America,	 	2200 Falcon Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Altus, OK 73521	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232335	 	Bank of America,	 	108 Thruway Park Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Broussard, LA 70518	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232432	 	Bank of America,	 	10606 E. Main Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Houma, LA 70363	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232348	 	Bank of America,	 	68674 Highway 59	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Mandeville, LA 70448	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216335	 	Bank of America,	 	5194 Fm 1006	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Orange, TX 77630	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232445	 	Bank of America,	 	201 Avenue F North 	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Bay City, TX 77414	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237893	 	Bank of America,	 	4542 S. Interstate Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	35 S. San Marcos, TX 78666	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426230997	 	Bank of America,	 	1300 W Central Texas	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Expressway 

Killeen, TX 76542	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426282770	 	Bank of America,	 	29880I-10 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Boerne, TX 78006	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237903	 	Bank of America,	 	2225 Austin Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	San Angelo, TX 76903	 	(203) 973-1982

18

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426232351	 	Bank of America,	 	80 Grady Road	 	Pat Sheridanv
	 
	 	 	 	N.A.	 	Grenada, MS 38901	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237916	 	Bank of America,	 	6014 Forbing Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Little Rock, AR 72209	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237932	 	Bank of America,	 	2600 West Main	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Jacksonville, AR72076	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231666	 	Bank of America,	 	7217 Airways Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Southaven, MS 38671	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232458	 	Bank of America,	 	3035 South Frontage Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Meridian, MS 39301	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237945	 	Bank of America,	 	2039 Fletcher Creek Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Memphis, TN 38133	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237958	 	Bank of America,	 	119 Doodle Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Ft Walton Beach, FL 32547	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237961	 	Bank of America,	 	3333 SW 3rd Avenuev	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Fort Lauderdale, FL 33315	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237974	 	Bank of America,	 	2471 Smith Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Kissimmee, FL 34744	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237987	 	Bank of America,	 	10427 Highway 84 East	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Thomasville, GA 31792	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231271	 	Bank of America,	 	700 Enterprise Court	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Montgomery, AL 36117	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231378	 	Bank of America,	 	1214 Hamric Drive West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Oxford, AL 36203	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231284	 	Bank of America,	 	364 Highway 280	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Alexander City, AL 35010	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231381	 	Bank of America,	 	3425 Napier Field Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Dothan, AL 36303	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231297	 	Bank of America,	 	1503 W. 15th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Panama City, FL 32401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231394	 	Bank of America,	 	140 Industrial Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Attalla, AL 35954	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231307	 	Bank of America,	 	1369 McCain Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Pelham,AL 35124	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238083	 	Bank of America,	 	135 Peachtree Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Byron, GA 31008	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426237990	 	Bank of America,	 	921 E Morris Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Dalton, GA 30721	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238096	 	Bank of America,	 	323 South Houston Lake Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Warner Robins, GA 31088	 	(203) 973-1982

19

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name
of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238009	 	Bank of America,	 	8155 East Gate Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Mount Juliet, TN 37122	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232694	 	Bank of America,	 	1500 Fritz Street Southwest	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cleveland, TN 37323	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238106	 	Bank of America,	 	10639 Dutchtown Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Knoxville, TN 37932	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232607	 	Bank of America,	 	6688 W Andrew Johnson	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Highway

 Talbott, TN 37877	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232704	 	Bank of America,	 	608 West Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Crossville, TN 38555	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238012	 	Bank of America,	 	147 Jack Miller Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Clarksville, TN 37042	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238119	 	Bank of America,	 	301 Crutcher Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Nashville, TN 37213	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238025	 	Bank of America,	 	1425 South Church Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Murfreesboro, TN 37130	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238122	 	Bank of America,	 	109 Century Court	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Franklin, TN 37064	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238038	 	Bank of America,	 	709 Seaboard Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Myrtle Beach, SC 29577	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238041	 	Bank of America,	 	132 Matthews Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hilton Head Island, SC 29926	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238054	 	Bank of America,	 	4017 Highway 74 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Monroe, NC 28110	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238067	 	Bank of America,	 	700 S. 15th Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hopewell, VA 23860	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238070	 	Bank of America,	 	3925 Washington Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Baltimore, MD 21227	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231446	 	Bank of America,	 	9430 Earley Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hagerstown, MD 21740	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231459	 	Bank of America,	 	6778 Lincoln Highway West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Thomasville, PA 17364	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238135	 	Bank of America,	 	610 E Pine Log Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Aiken, SC 29803	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238148	 	Bank of America,	 	1201 Electric Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Salem, VA 24153	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238151	 	Bank of America,	 	1570 Radford Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Christiansburg, VA 24073	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238164	 	Bank of America,	 	8008 Dorchester Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Charleston, SC 29418	 	(203) 973-1982

20

 

 Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238177	 	Bank of America,	 	1303 Governor Court	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Abingdon, MD 21009	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238180	 	Bank of America,	 	4622 Wedgewood Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Frederick, MD 21703	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232610	 	Bank of America,	 	3913 24th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Moline, IL 61265	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231679	 	Bank of America,	 	2021 NE Broadway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Des Moines, IA 50313	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231682	 	Bank of America,	 	5735 4th Street SW	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cedar Rapids, IA 52404	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232623	 	Bank of America,	 	4419 Reas Bridge Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Decatur, IL 62521	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232636	 	Bank of America,	 	1414 E. Triumph Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Urbana, IL 61802	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231695	 	Bank of America,	 	2325 SE 5th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Ames, IA 50010	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232649	 	Bank of America,	 	300 W Chicago Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	East Chicago, IN 46312	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238193	 	Bank of America,	 	3140 E Kearney	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Springfield, MO 65803	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232652	 	Bank of America,	 	21600 Doral Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Waukesha,WI 53186	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232717	 	Bank of America,	 	3736 11Th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Rockford, IL 61109	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232720	 	Bank of America,	 	2201 E. Higgins Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Elk Grove Village, IL 60007	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238203	 	Bank of America,	 	215 East Baseline Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Gilbert, AZ 85233	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238216	 	Bank of America,	 	1012 Poplar	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Pine Bluff, AR 71601	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231006	 	Bank of America,	 	2022 Texas Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Texarkana, TX 75501	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238229	 	Bank of America,	 	2505 N.24th. Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Rogers, AR 72756	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238232	 	Bank of America,	 	2927 Browns Lane	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Jonesboro, AR 72401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216377	 	Bank of America,	 	931 So. Division Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Blytheville, AR 72315	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238339	 	Bank of America,	 	3004 S. Arkansas	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Russellville, AR 72802	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231705	 	Bank of America,	 	3616 Towson Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Fort Smith, AR 72901	 	(203) 973-1982

21

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238245	 	Bank of America,	 	1800 Higdon Ferry Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hot Springs, AR 71913	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238342	 	Bank of America,	 	709 West Gaines Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tallahassee, FL 32304	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238258	 	Bank of America,	 	3655 No. Monroe Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tallahassee, FL 32303	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238355	 	Bank of America,	 	2445 Capital Circle N.E.	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tallahassee, FL 32308	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238261	 	Bank of America,	 	539 S.W. Arrow Head Terrace	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lake City, FL 32024	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238368	 	Bank of America,	 	4383 Inner Perimeter Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Valdosta, GA 31602	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232733	 	Bank of America,	 	1610 W. Wisconsin Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Appleton, WI54914	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232746	 	Bank of America,	 	5814 Green Valley Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Oshkosh, WI 54904	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238274	 	Bank of America,	 	3801 SENowata Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Bartlesville, OK 74006	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231718	 	Bank of America,	 	2025 Westfield Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Waterloo, IA 50701	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231721	 	Bank of America,	 	2809 Larson Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	La Crosse, WI 54603	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238371	 	Bank of America,	 	1100 Vine Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hays, KS 67601	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231462	 	Bank of America,	 	7094 Truck World Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hubbard, OH 44425	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238290	 	Bank of America,	 	449 St. Ferdinand Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Florissant, MO 63031	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238300	 	Bank of America,	 	1717 Ford Lane	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Saint Charles, MO 63303	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232377	 	Bank of America,	 	900 Highway 108	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Sulphur, LA 70664-0216	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232759	 	Bank of America,	 	6001 Atwood Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Richmond, KY 40475	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232762	 	Bank of America,	 	912 E. Cumberland Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Corbin, KY 40701	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231019	 	Bank of America,	 	3212 Prairie Valley Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Ardmore, OK 73401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231734	 	Bank of America,	 	1401 W. Potter Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Kirksville, MO 63501	 	(203) 973-1982

22

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426231747	 	Bank of America,	 	5635 Highway 54	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Osage Beach, MO 65065	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231750	 	Bank of America,	 	1226 E. 16Th Avenue
 Hibbing,	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hibbing, MN 55746	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238313	 	Bank of America,	 	325 South Kansas Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Liberal, KS 67901	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231983	 	Bank of America,	 	230394 Highland Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Scottsbluff, NE 69361	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231475	 	Bank of America,	 	932 S. 13th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Harrisburg, PA 17104	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231996	 	Bank of America,	 	11250 East 40th Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Denver, CO 80239	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232005	 	Bank of America,	 	1250 Zuni Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Denver, CO 80204	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238326	 	Bank of America,	 	3900I-40 East	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Amarillo, TX 79103	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231116	 	Bank of America,	 	317 Southeast Loop 289	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lubbock, TX 79404	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232018	 	Bank of America,	 	201 Juan Tabo NE	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Albuquerque, NM 87123	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232021	 	Bank of America,	 	9170 Coors NW	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Albuquerque, NM 87120	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232034	 	Bank of America,	 	2401 Menaul NE	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Albuquerque, NM 87107	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426305893	 	Bank of America,	 	3708 Arch Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Grand Island, NE 68803	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238384	 	Bank of America,	 	11615 South Rogers Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Olathe, KS 66062	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238397	 	Bank of America,	 	1004 Burlington 	 	Pat Sheridan
	 
	 	 	 	N.A.	 	North Kansas City, MO 64116	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232047	 	Bank of America,	 	1429 Mulberry	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Fort Collins, CO 80524	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232050	 	Bank of America,	 	481 West 84th Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Thornton, CO 80260-0481	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232063	 	Bank of America,	 	13109 Highway 85	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Littleton, CO 80125	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232160	 	Bank of America,	 	2401 Steel Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Colorado Springs,CO 80907	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238410	 	Bank of America,	 	5101 East 63rd Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Derby, KS 67037	 	(203) 973-1982

23

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426231488	 	Bank of America,	 	575 E. Exchange Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Akron, OH 44306	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238423	 	Bank of America,	 	9707 E. Orme	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Wichita, KS 67207	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238436	 	Bank of America,	 	9127 W Kellogg Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Wichitam KS 67209	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238449	 	Bank of America,	 	951 Southeast Oldham Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lees Summit, MO 64081	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231763	 	Bank of America,	 	754 E. Young	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Warrensburg, MO 64093	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238452	 	Bank of America,	 	1606 Commerce Court	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Columbia, MO 65202	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238465	 	Bank of America,	 	2805 E. Newman	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Joplin, MO 64801	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238478	 	Bank of America,	 	2900 No. Interstate Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Norman, OK 73072	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216319	 	Bank of America,	 	3818 S.Leonard Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Saint Joseph, MO 64503	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231860	 	Bank of America,	 	2340 Fernbrook Lane North	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Plymouth, MN 55447	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231776	 	Bank of America,	 	6740 Hudson Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Oakdale,MN  55128	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231873	 	Bank of America,	 	3750 Highway 13 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Burnsville, MN 55337	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231789	 	Bank of America,	 	4201 W. First Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Duluth, MN 55807	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231886	 	Bank of America,	 	8616 S. 135th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Omaha,  NE 68138	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231792	 	Bank of America,	 	1821 Cornhusker Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lincoln, NE 68521	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232775	 	Bank of America,	 	4117 Mt Pleasant Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	West Burlington, IA 52655	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232788	 	Bank of America,	 	2700 South 17th. Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Clinton, IA 52732	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231899	 	Bank of America,	 	3020 Highway 63 North	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Rochester, MN 55906	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231802	 	Bank of America,	 	810 Strong Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	El Dorado, AR 71730	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238481	 	Bank of America,	 	8104 NW Expressway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Oklahoma City, OK 73162	 	(203) 973-1982

24

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238588	 	Bank of America,	 	708 W. Elgin Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Broken Arrow, OK 74012	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238494	 	Bank of America,	 	324 W. Memorial Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Oklahoma City, OK 73114	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238591	 	Bank of America,	 	9222 E. 21st Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tulsa, OK 74129	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238504	 	Bank of America,	 	10601 S. Memorial Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tulsa, OK 74133	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238601	 	Bank of America,	 	4609 Crossroads Ind Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Bridgeton, MO 63044	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232791	 	Bank of America,	 	2701 S. Main Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Bloomington, IL 61704	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238517	 	Bank of America,	 	2050 Southern Expressway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cape Girardeau, MO 63703	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238614	 	Bank of America,	 	3639 Main	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Quincy, IL 62305	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232801	 	Bank of America,	 	3161 Market Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Green Bay, WI54304	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232814	 	Bank of America,	 	26 Marsh Court	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Madison, WI 53718	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232911	 	Bank of America,	 	5605 Mesker Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Schofield, WI 54476	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216364	 	Bank of America,	 	2901 N. Peoria Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Peru, IL 61354	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232827	 	Bank of America,	 	1845 E. Lincoln Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Dekalb, IL 60115	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426315605	 	Bank of America,	 	3407 N. Main Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	East Peoria, IL 61611	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232924	 	Bank of America,	 	1303 Washington Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Muscatine, IA 52761	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231491	 	Bank of America,	 	1291 Medina Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Medina, OH 44256	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238520	 	Bank of America,	 	307 No. 14th	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Dodge City, KS 67801	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232380	 	Bank of America,	 	1948 Cliff Gookin Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tupelo, MS 38801	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232830	 	Bank of America,	 	22634 So. Frontage Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	West

 Channahon, IL 60410	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231909	 	Bank of America,	 	3352 Southway Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	St Cloud, MN 56301	 	(203) 973-1982

25

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426232937	 	Bank of America,	 	1600 South Dirksen Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Springfield, IL 62703	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231815	 	Bank of America,	 	390 E. 12th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Dubuque, IA 52001	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238627	 	Bank of America,	 	1200 Beltline Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Collinsville, IL 62234-0435	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238533	 	Bank of America,	 	4258 3rd Ave. N.W.	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Fargo, ND 58102	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231828	 	Bank of America,	 	3620 North Lewis Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Sioux Falls, SD 57104	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238546	 	Bank of America,	 	48 Industrial Park Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Hollister, MO 65672	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231831	 	Bank of America,	 	174 Kenworth Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Jackson, TN 38305	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238559	 	Bank of America,	 	3100 Haskell	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lawrence, KS 66046	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231501	 	Bank of America,	 	900 West Basin Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	New Castle, DE 19720	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231514	 	Bank of America,	 	1209 Marshall Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lancaster, PA 17601	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231611	 	Bank of America,	 	28587 Sussex Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Laurel, DE 19956	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238562	 	Bank of America,	 	8200 Cryden Way	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Forestville, MD 20747	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238575	 	Bank of America,	 	392 North Expressway	 	Pat Sheridan 203-
	 
	 	 	 	N.A.	 	Griffin, GA 30223	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231404	 	Bank of America,	 	16300 Highway 80 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Statesboro, GA 30458	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232843	 	Bank of America,	 	530 S. 4th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Danville, KY 40422	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216351	 	Bank of America,	 	6270 N. Dixie Highway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Elizabethtown, KY 42701	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232940	 	Bank of America,	 	65 Sulphur Springs Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lebanon, KY 40033	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231527	 	Bank of America,	 	947 Route 22 East	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Duncansville, PA 16635	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238630	 	Bank of America,	 	3883 Sweeten Creek Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Arden, NC 28704	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232856	 	Bank of America,	 	970 Lovers Lane	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Bowling Green, KY 42104	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238643	 	Bank of America,	 	215 East Baseline Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Gilbert, AZ 85233	 	(203) 973-1982

26

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238656	 	Bank of America,	 	1770 West Prince Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Tucson, AZ 85705	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238669	 	Bank of America,	 	3461 East Deuce Of Clubs	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Show Low, AZ 85901	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238672	 	Bank of America,	 	2224 Nw Grand Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Phoenix, AZ 85009	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238685	 	Bank of America,	 	648 East Fry Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Sierra Vista, AZ 85635	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238698	 	Bank of America,	 	1060 East Highway 70	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Safford, AZ 85546	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238708	 	Bank of America,	 	2020 Highway 60	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Globe, AZ 85501	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232076	 	Bank of America,	 	2323 West Highway 66	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Gallup, NM 87301	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238711	 	Bank of America,	 	171 South Browning Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Farmington, NM 87401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238724	 	Bank of America,	 	21445 No. 27th Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Phoenix, AZ 85027	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232173	 	Bank of America,	 	814 N. Santa Fe Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Pueblo, CO 81003	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232089	 	Bank of America,	 	2251 Downhill Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Steamboat Springs, CO 80477	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238737	 	Bank of America,	 	6921 East Cave Creek Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cave Creek, AZ 85331	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232186	 	Bank of America,	 	2707 Cerrillos	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Santa Fe, NM 87507	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232092	 	Bank of America,	 	125 8Th Ave	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Greeley, CO 80631	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232199	 	Bank of America,	 	1437 US Highway 70 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Alamogordo, NM 88310	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232102	 	Bank of America,	 	18810 Longs Way	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Parker, CO 80134	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232209	 	Bank of America,	 	1045 Chambers Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Eagle, CO 81631	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232115	 	Bank of America,	 	1215 West Lincoln way	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cheyenne, WY 82001	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238834	 	Bank of America,	 	11039 No. Cave Creek Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Phoenix, AZ 85020	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238740	 	Bank of America,	 	6363 E. Second Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Prescott Valley, AZ 86314	 	(203) 973-1982

27

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238847	 	Bank of America,	 	1429 North Pinal Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Casa Grande, AZ 85222	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232128	 	Bank of America,	 	2372 E. Main Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Montrose, CO 81401	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232131	 	Bank of America,	 	0116 County Road 450	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Breckenridge, CO 80424	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232144	 	Bank of America,	 	249 Adams Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Silverthorne, CO80498	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232157	 	Bank of America,	 	955 Valley Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Colorado Springs,CO 80915	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232212	 	Bank of America,	 	1600 Kansas Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Longmont, CO 80501	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232225	 	Bank of America,	 	650 S. 11th Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Gunnison, CO 81230	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231624	 	Bank of America,	 	1000 Halstead Boulevard	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Elizabeth City, NC 27909	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231844	 	Bank of America,	 	2120 East 4th	 	Pat Sheridan
	 
	 	 	 	N.A.	 	North Platte, NE 69101	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216322	 	Bank of America,	 	915 Enoch Lane	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Manhattan, KS 66502	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231857	 	Bank of America,	 	3525 Park Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Paducah,KY 42001	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238753	 	Bank of America,	 	725 Se Monterey Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Stuart, FL 34994	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231530	 	Bank of America,	 	1090 Mantua Pike, Route 45	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Wenonah, NJ 08090	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426216393	 	Bank of America,	 	5809 Hwy 8 West	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Rhinelander, WI 54501	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238850	 	Bank of America,	 	2402 Highway 72 - 221 East	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Greenwood, SC 29648	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238766	 	Bank of America,	 	880 Boone Station Rd	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Johnson City, TN 37615	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238863	 	Bank of America,	 	3380 St Rose Parkway	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Henderson, NV 89052	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238779	 	Bank of America,	 	3685 So. Winchester Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Apache Junction, AZ 85219	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232393	 	Bank of America,	 	307 Industrial Park Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Starkville, MS 39759	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232238	 	Bank of America,	 	3233 Cy Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Casper, WY 82604	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238876	 	Bank of America,	 	9801 Nokesville Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Manassas, VA 20110	 	(203) 973-1982

28

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and
	Grantor	 	Number	 	Name of Bank	 	Address	 	Phone Number
	Rental Service Corporation
	 	4426238782	 	Bank of America,	 	4616 Lassen Lane	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Fredericksburg, VA 22408	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231637	 	Bank of America,	 	1961 S. Loudoun Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Winchester, VA 22601	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238795	 	Bank of America,	 	1308 Horner Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Woodbridge, VA 22191	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238805	 	Bank of America,	 	2413 London Bridge Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	VirginiaBeach, VA 23456	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231543	 	Bank of America,	 	249 E. Shirley Avenue	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Warrenton, VA 20186	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231310	 	Bank of America,	 	1026 S. Memorial Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Prattville, AL 36066	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238818	 	Bank of America,	 	210 North Wood Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Camarillo, CA 93010	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238821	 	Bank of America,	 	1400 Bluff Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Columbia, SC 29201	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231640	 	Bank of America,	 	173 Oak Carriage Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Lewisburg, WV 24901	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231556	 	Bank of America,	 	319 Oakvale Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Princeton, WV 24740	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426231653	 	Bank of America,	 	307 No Eisenhower Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Beckley, WV 25801	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238889	 	Bank of America,	 	301 West Main Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Charlottesville, VA 22903	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238892	 	Bank of America,	 	137 Simmons Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Cloverdale, VA 24077	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238902	 	Bank of America,	 	6710 Everglades Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Richmond, VA 23225	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238915	 	Bank of America,	 	8405 Brook Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Glen Allen, VA 23060	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238928	 	Bank of America,	 	3022 Griffith Street	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Charlotte, NC 28203	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238931	 	Bank of America,	 	105 South Swing Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Greensboro, NC 27409	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238944	 	Bank of America,	 	5600 Chapel Hill Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Raleigh, NC 27607	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426232953	 	Bank of America,	 	4311 N. Mayflower Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	South Bend, IN 46628	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238957	 	Bank of America,	 	1000 Woodruff Road	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Greenville, SC 29607	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service Corporation
	 	4426238960	 	Bank of America,	 	2841 Azalea Drive	 	Pat Sheridan
	 
	 	 	 	N.A.	 	Charleston, SC 29405	 	(203) 973-1982

29

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426238973	 	 	Bank of America,

N.A.
	 	925 Riverview Road

Rock Hill, SC 29732
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426238986	 	 	Bank of America,

N.A.
	 	 1020 North Front Street

Wilmington, NC 28401
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239082	 	 	Bank of America,

N.A.
	 	141 Sweeten Creek Road
 Asheville,
NC 28803
	 	Pat Sheridan
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426238999	 	 	Bank of America,

N.A.
	 	3800 N. Patterson Avenue

Winston-Salem, NC 27105
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239095	 	 	Bank of America,

N.A.
	 	1000 Chatham Pkwy. North
 Garden
City, GA 31408
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232869	 	 	Bank of America,

N.A.
	 	1830 Foreman Drive
 Cookeville,
TN 38501
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239008	 	 	Bank of America,

N.A.
	 	229 Hurricane Shoals Road

Lawrenceville, GA 30045
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239105	 	 	Bank of America,

N.A.
	 	1950 Guffin Lane
 Marietta,
GA 30066
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239011	 	 	Bank of America,

N.A.
	 	7920 NE St. Johns Road
 Vancouver,
WA 98665
	 	Pat Sheridan
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239118	 	 	Bank of America,

N.A.
	 	4016 Highway Boulevard
 Spencer, IA
51301
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232872	 	 	Bank of America,

N.A.
	 	1006 So Division Avenue
 Grand
Rapids, MI 49507
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239024	 	 	Bank of America,

N.A.
	 	229 Center Street
 Jacksonville,
NC 28546
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239121	 	 	Bank of America,

N.A.
	 	1008 Commercial Drive
 Brunswick,
GA 31520
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239037	 	 	Bank of America,

N.A.
	 	1500 So. Broadway
 Salina,
KS 67401
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232241	 	 	Bank of America,
N.A.
	 	1450 Coffeen Avenue
 Sheridan,
WY 82801
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239040	 	 	Bank of America
,
N.A.
	 	8787 Highway 225 La
 Porte,
TX 77571
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239053	 	 	Bank of America,

N.A.
	 	520 E. La Cadena Drive
 Riverside,
CA 92501
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239066	 	 	Bank of America,

	 	4117 Rosedale Highway

	 	Pat Sheridan 
	 

	 	 	 	 	 	N.A.
	 	Bakersfield, CA 93308
	 	(203) 973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239079	 	 	Bank of America,

N.A.
	 	2900 E. Spring Street
 Long Beach,
CA 90806
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239134	 	 	Bank of America,

N.A.
	 	28377 Felix Valdez Avenue
 Temecula
CA 92590
	 	, Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239147	 	 	Bank of America,

N.A.
	 	220 N. Johnson El
 Cajon, CA
92020
	 	Pat Sheridan
 (203)
973-1982

30

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426239150	 	 	Bank of America,
N.A.
	 	1000 S. Grand 
Santa Ana, CA
92705
	 	Pat Sheridan
 203-
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239176	 	 	Bank of America,
N.A.
	 	5300 E. Railhead Avenue
 Flagstaff,
AZ 86004
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239189	 	 	Bank of America,
N.A.
	 	2900 Highway 95 
Bullhead City, AZ
86442
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239192	 	 	Bank of America,
N.A.
	 	1968 West Acoma, Suite 103
 Lake
Havasu City, AZ 86403
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239202	 	 	Bank of America,
N.A.
	 	2720 E. 16th St (Highway 95)
 Yuma,
AZ 85365
	 	Pat Sheridan
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232254	 	 	Bank of America,
N.A.
	 	2781 West 2100 South 
West Valley
City, UT 84119
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239215	 	 	Bank of America,
N.A.
	 	2177 Jerrold Avenue San
 Francisco,
CA 94124
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239228	 	 	Bank of America,
N.A.
	 	2150 O’toole Avenue
 San Jose,
CA 95131
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239231	 	 	Bank of America,
N.A.
	 	4635 Power Inn Road
 Sacramento,
CA 95826
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239338	 	 	Bank of America,
N.A.
	 	3333 S. Hwy 99 Frontage Road 

Stockton, CA 95215
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239244	 	 	Bank of America,
N.A.
	 	4030 Pacheco Boulevard 
Martinez, CA
94553
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239341	 	 	Bank of America,
N.A.
	 	8001 Oakport Street

Oakland, CA 94621
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426230913	 	 	Bank of America,
N.A.
	 	501 S Main Street
 Ellensburg, WA
98926
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239257	 	 	Bank of America,
N.A.
	 	1210 West Broadway Moses
 Lake, WA
98837
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239354	 	 	Bank of America,
N.A.
	 	2302 East “Q” Street
 Tacoma,
WA 98421
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239260	 	 	Bank of America,
N.A.
	 	2810 Highland Avenue 
Everett, WA
98201
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239367	 	 	Bank of America,
N.A.
	 	9045 Willows Road 
Redmond, WA
98052
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239273	 	 	Bank of America,
N.A.
	 	5421 1St Avenue South
 Seattle, WA
98108
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239370	 	 	Bank of America,
N.A.
	 	1301 East College Way Mount
 Vernon,
WA 98273
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239286	 	 	Bank of America,
N.A.
	 	13850 SE Ambler Road
 Clackamas,
OR 97015
	 	Pat Sheridan 
(203)
973-1982

31

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426239299	 	 	Bank of America,
N.A.
	 	61530 S. Highway 97 
Bend, OR
97702
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239309	 	 	Bank of America,
N.A.
	 	2333 S. Highway 97 
Redmond, OR
97756
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239312	 	 	Bank of America,
N.A.
	 	2661 NE Stephens Street
 Roseburg,
OR 97470
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239325	 	 	Bank of America,
N.A.
	 	915 E. Elm Avenue
 Hermiston, OR
97838
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239383	 	 	Bank of America,
N.A.
	 	625301 Highway 101 South 
Coos Bay,
OR 97420
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239396	 	 	Bank of America,
N.A.
	 	3344 Washburn Way Klamath
 Falls,
OR 97603
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239406	 	 	Bank of America,
N.A.
	 	2100 Highway 99N 
Eugene, OR
97402
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239419	 	 	Bank of America,
N.A.
	 	3092 Silverton Road 
Salem,
OR 97303
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239422	 	 	Bank of America,
N.A.
	 	3110 Winter Lake Road 
Lakeland,
FL 33803
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239435	 	 	Bank of America,
N.A.
	 	3635 US Highway 98 N.
 Lakeland,
FL 33809
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239448	 	 	Bank of America,
N.A.
	 	5907 E. Adamo 
Tampa, FL
33619
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239451	 	 	Bank of America,
N.A.
	 	1835 N. Washington Boulevard 

Sarasota, FL 34234
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239464	 	 	Bank of America,
N.A.
	 	907 E. Canal Street 
Mulberry,
FL 33860
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239477	 	 	Bank of America,
N.A.
	 	200 S. LaSalle Street
 Durham,
NC 27705
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239480	 	 	Bank of America,
N.A.
	 	4201 L B Mc Leod Road 
Orlando, FL
32811
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231323	 	 	Bank of America,
N.A.
	 	10230 Logan Cline Drive 
Gulfport,
MS 39503
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239587	 	 	Bank of America,
N.A.
	 	723 Concord Parkway N. 
Concord, NC
28027
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239493	 	 	Bank of America,
N.A.
	 	602 Copeland Drive 
Hampton,
VA 23661
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239590	 	 	Bank of America,
N.A.
	 	2613 S. Orlando Dr, Highway 
17/92

Sanford, FL 32773
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239503	 	 	Bank of America,
N.A.
	 	6133 Murchison Road

Fayetteville, NC 28311
	 	Pat Sheridan
 (203)
973-1982

32

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426239600	 	 	Bank of America,
N.A.
	 	344 E. Plaza Drive 
Mooresville,
NC 28115
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239516	 	 	Bank of America,
N.A.
	 	100 Weber Avenue
 Leesburg,
FL 34748
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239613	 	 	Bank of America,
N.A.
	 	2850 W State Rd 520
 Cocoa, FL
32926
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239529	 	 	Bank of America,
N.A.
	 	355 5th Street S.W. Winter
 Haven,
FL 33880
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239626	 	 	Bank of America,
N.A.
	 	12997 North Freeway Fort

Worth, TX 76177
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231129	 	 	Bank of America,
N.A.
	 	300 Lynbrook Boulevard
 Shreveport,
LA 71106
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239532	 	 	Bank of America,
N.A.
	 	737 E. Main Lewisville, TX
75057
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426270371	 	 	Bank of America,
N.A.
	 	2728 Westmoreland 
Dallas, TX
75212
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239545	 	 	Bank of America,
N.A.
	 	6935 Woodway Drive
 Waco, TX
76712
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426216380	 	 	Bank of America,
N.A.
	 	58020 Industrial Boulevard

Plaquemine, LA 70764
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426216348	 	 	Bank of America,
N.A.
	 	Po Box 665; 2235 Highway 70

Donaldsonville, LA 70346
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239558	 	 	Bank of America,
N.A.
	 	1766 S. Treadaway 
Abilene,
TX 79602
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239561	 	 	Bank of America,
N.A.
	 	2807 N. Garnett Road 
Tulsa, OK
74116
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231035	 	 	Bank of America,
N.A.
	 	2420 Lee Boulevard
 Lawton,
OK 73505
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239574	 	 	Bank of America,
N.A.
	 	3595 Fm 1960 W. 
Humble, TX
77338
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232474	 	 	Bank of America,
N.A.
	 	6952 Airline Highway Baton
 Rouge,
LA 70805
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232487	 	 	Bank of America,
N.A.
	 	1444 W. Bank Expressway 
Westwego,
LA 70094
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239639	 	 	Bank of America,
N.A.
	 	2809 W. Kingsley Road 
Garland, TX
75041
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426239642	 	 	Bank of America,
N.A.
	 	6914 Gateway East El 
Paso,
TX 79915
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232490	 	 	Bank of America,
N.A.
	 	11580 Chef Menteur Highway New

Orleans, LA 70128
	 	Pat Sheridan 
(203)
973-1982

33

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426240974	 	 	Bank of America,
N.A.
	 	320 Highway 67 
Midlothian, TX
76065
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426240987	 	 	Bank of America,
N.A.
	 	3101 South I-35 Service Road

Oklahoma City, OK 73129
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426240990	 	 	Bank of America,
N.A.
	 	10300 Ih-35 North
 Austin,
TX 78753
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231132	 	 	Bank of America,
N.A.
	 	3506 Chapman Lane
 Austin, TX
78744
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231569	 	 	Bank of America,
N.A.
	 	3560 Young Place 
Lynchburg, VA
24501
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231572	 	 	Bank of America,
N.A.
	 	944 Manifold Road 
Washington, PA
15301
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426230939	 	 	Bank of America,
N.A.
	 	421 So. Wenatchee Avenue 
Wenatchee,
WA 98801
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426230942	 	 	Bank of America,
N.A.
	 	5414 S. Peach Avenue 
Fresno, CA
93725
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426287681	 	 	Bank of America,
N.A.
	 	1533 North McDonald
 McKinney,
TX 75069
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231048	 	 	Bank of America,
N.A.
	 	5120 Wurzbach Road San 
Antonio,
TX 78238
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231145	 	 	Bank of America,
N.A.
	 	5333 East Houston San 
Antonio, TX
78220
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231336	 	 	Bank of America,
N.A.
	 	4226 Halls Mill Road 
Mobile,
AL 36693
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231349	 	 	Bank of America,
N.A.
	 	5580 N. Pensacola Boulevard

Pensacola, FL 32505
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231352	 	 	Bank of America,
N.A.
	 	7907 Baseline Court 
Tampa, FL
33637
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231420	 	 	Bank of America,
N.A.
	 	4111 Pinson Valley Park

Birmingham, AL 35215
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232885	 	 	Bank of America,
N.A.
	 	4300 Muhlhauser Road 
Fairfield,
OH 45014
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231051	 	 	Bank of America,
N.A.
	 	2201 Tin Top RD Suite 400

Weatherford, TX 76087
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426230955	 	 	Bank of America,
N.A.
	 	8450 Haddon Avenue Sun 
Valley,
CA 91352
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231967	 	 	Bank of America,
N.A.
	 	1790 Radisson Road N.E. 
Blaine, MN
55449
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232500	 	 	Bank of America,
N.A.
	 	913 Chippewa Street Baton 
Rouge,
LA 70805
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231158	 	 	Bank of America,
N.A.
	 	11003 Bissonnet
 Houston, TX
77099
	 	Pat Sheridan 
(203)
973-1982

34

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426231064	 	 	Bank of America,
N.A.
	 	2510 South Main

Stafford, TX 77477
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231077	 	 	Bank of America,
N.A.
	 	12245 Veterans Memorial Parkway

Houston, TX 77067
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232898	 	 	Bank of America,
N.A.
	 	3485 Roger E. Schupp 

Louisville, KY 40205
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232908	 	 	Bank of America,
N.A.
	 	4828 Constellation Avenue

Evansville, IN 47715
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232966	 	 	Bank of America,
N.A.
	 	3660 Interchange Road

Columbus, OH 43204
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232979	 	 	Bank of America,
N.A.
	 	5773 Executive Boulevard

Dayton, OH 45424
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232982	 	 	Bank of America,
N.A.
	 	3805 S. Harding Street

Indianapolis, IN 46217
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231585	 	 	Bank of America,
N.A.
	 	10840 Metromont Parkway

Charlotte, NC 28269
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231598	 	 	Bank of America,
N.A.
	 	4320 New Bern Avenue

Raleigh, NC 27610
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231608	 	 	Bank of America,
N.A.
	 	3501 Business Center Drive

Chesapeake, VA 23323
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231970	 	 	Bank of America,
N.A.
	 	1326 S Bishop Avenue

Rolla, MO 65401
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231080	 	 	Bank of America,
N.A.
	 	3925 N. Cage Boulevard

Pharr, TX 78577
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231093	 	 	Bank of America,
N.A.
	 	1200 West Business 77

San Benito, TX 78586
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231103	 	 	Bank of America,
N.A.
	 	15210 Fm 529 @ Highway 6

Houston, TX 77095
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232513	 	 	Bank of America,
N.A.
	 	4225 College

Beaumont, TX 77707
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231161	 	 	Bank of America,
N.A.
	 	17700 Highway 3

Webster, TX 77598
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231174	 	 	Bank of America,
N.A.
	 	4900 E. Loop 820 South

Fort Worth, TX 76119
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231187	 	 	Bank of America,
N.A.
	 	2727 Avenue K

Plano, TX 75074
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231190	 	 	Bank of America,
N.A.
	 	20202 Park Row

Katy, TX 77449
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232526	 	 	Bank of America,
N.A.
	 	824 S Highway 35 Bypass

Port Lavaca,TX 77979
	 	Pat Sheridan
 (203)
973-1982

35

 

Schedule 4.16(a)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number	 	Name of Bank	 	Address	 	Number
	Rental Service Corporation

	 	 	4426231200	 	 	Bank of America,
N.A.
	 	8200 East Freeway

Houston, TX 77029
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232539	 	 	Bank of America,
N.A.
	 	2500 W. Airline Highway

Laplace, LA 70068
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232542	 	 	Bank of America,
N.A.
	 	2011 Highway 288

Freeport, TX 77541
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232555	 	 	Bank of America,
N.A.
	 	1635 Industrial Park Drive

Nederland, TX 77627
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232568	 	 	Bank of America,
N.A.
	 	4002 Texas Avenue

Texas City, TX 77590
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232665	 	 	Bank of America,
N.A.
	 	8807 Highway 225

La Porte, TX 77571
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426231433	 	 	Bank of America,
N.A.
	 	3650 Bonnet Creek Road

Lake Buena Vista, FL 32830
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426232995	 	 	Bank of America,
N.A.
	 	16225 Park Ten Place

Houston, TX 77084
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426216416	 	 	Bank of America,
N.A.
	 	3417 Trade Park Court

Charlotte, NC 28236
	 	Pat Sheridan 
(203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	4426216429	 	 	Bank of America,
N.A.
	 	3200 N Harbor Lane

Plymouth, MN 55447
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	3752128473	 	 	Bank of America,
N.A.
	 	215 E. Baseline

Gilbert, AZ 85233
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	 	3752128460	 	 	Bank of America,
N.A.
	 	6929 E. Greenway

Scottsdale, AZ 85254
	 	Pat Sheridan
 (203)
973-1982
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation
of Canada Ltd.

	 	 	03749-1000447	 	 	 Royal Bank of
Canada
	 	1 Place Ville Marie,
 8th Floor,
West Wing
 Montreal, QC H3C 3A9

Canada
	 	Francine Fillion
 (514)
874-3041

36

 

Schedule 4.16(b)

to Credit Agreement

Schedule 4.16(b): Credit Card Arrangements

USA
Payment Services, Inc.—Rental Service Corporation

	 	1.	 	Merchant Application and Agreement, dated as of February 28, 2003,
among USA Payment Services, Inc. and Rental Service Corporation (the
“Company”).

American Express—Rental Service Corporation

     1.   American Express Card Acceptance Agreement, among American Express and
the Company.

Moneris Solutions Inc.—Rental Service Corporation of Canada Ltd.

     1.   Agreement, dated as of April 1998, among Moneris Solutions Inc. and
Rental Service Corporation of Canada Ltd.

37

 

Schedule 4.16(c)

to Credit Agreement

Schedule 4.16(c): Blocked Accounts

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Bank Contact
	 	 	Account	 	 	 	 	 	Name and Phone
	Grantor	 	Number/Type
of Account	 	Name of Bank	 	Address	 	Number
	Rental Service 

Corporation

	 	8188513183/

Concentration/Lockbox
	 	Bank of America, N.A.
	 	CDA USCG Illinois North

#8188, 231 La Salle

Chicago, IL 60697
	 	Pat Sheridan

(203) 973-1982
	 
	 	 	 	 	 	 	 	 
	Rental Service 

Corporation

	 	7145923001/

Concentration/Loan
	 	Nordea Bank Finland

PLC
	 	437 Madison Avenue

New York, NY 10022
	 	Christine Schrempp

(212) 318-9565
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of Canada Ltd.

	 	03749-1006873
	 	Royal Bank of Canada
	 	1 Place Ville Marie,

8th Floor, West Wing

Montreal, QC H3C 3A9
	 	Francine Fillion

(514) 874-3041

38

 

Schedule 5.2

to Credit Agreement

Schedule 5.2: Material Adverse Effect Disclosure

None.

39

 

Schedule 5.4

to Credit Agreement

Schedule 5.4: Consents Required

	1.	 	Industrial Lease Agreement between Partnership 221 (Landlord), a New Mexico
limited liability company, and Zuni Rental Enterprises, L.L.C. (Tenant), a
Colorado limited liability company, as assigned to The Air & Pump Company
on December 20, 1999 and renewed by RSC pursuant to the lease renewal
notice dated June 28, 2001 (Property ID Number 292-01).
	 
	2.	 	Lease Agreement between Mary Louise Veatch, R. Kendal Veatch, Marilyn M.
Veatch, Melvin T. Veatch, Jr. and Kathleen O. Veatch (Lessor) and Danville
Rental and Services, Inc. (Lessee) dated May 1, 1988, as assigned to Rental
Service Corporation USA, Inc. on May 3, 2000 and renewed by RSC on February
13, 2003 and January 20, 2005 (Property ID Number 378-02).
	 
	3.	 	Commercial Lease Agreement between Peter E. and Kathryn R. Melsted (Lessor)
and JDW Enterprises, Inc. (Lessee) dated November 1, 1995, as amended on
March 14, 2005 (Property ID Number 392-01).
	 
	4.	 	Sublease Agreement between JDW Enterprises, Inc. dba Valley Rentals
(Sublessor), an Arizona corporation, and Peter E. and Kathryn R. Melsted
(Lessor) and RSC Center, Inc. (Sublessee), a Texas corporation, dated
February 2, 1998, as amended on July 10, 2000, October 24, 2002 and March
13, 2003 (Property ID Number 397-01).
	 
	5.	 	Lease Agreement between Century 21 Cox Realty (Lessor) and Prime Service
(Lessee) dated December 1, 1994 (Property ID Number 527-01).
	 
	6.	 	Lease Agreement between Clementina LTD (Lessor) and Prime Service, Inc., a
Delaware corporation (Lessee), as amended on October 4, 2002 (Property ID
Number 550-01).
	 
	7.	 	Lease Agreement between Simas Floor Company, Inc., Money Purchase Pension
Plan & Trust (Lessor) and RSC (Lessee) dated September 25, 2001, as amended
on January 24, 2006 (Property ID Number 554-01).
	 
	8.	 	Lease Agreement between Clementina Refinery Services and Anne Cleary Kerns,
L.L.C. dated November 20, 1997, as assigned to Prime Service, Inc. pursuant
to Assignment of Lease dated November 21, 1997 and modified pursuant to
Modification Agreement entered into between Anne Cleary Kerns, L.L.C. and
RSC, successor to Clementina Refinery Services, dated September 5, 2003
(Property ID Number 556-01).
	 
	9.	 	Lease Agreement between Tulloch Construction, Inc., a California
corporation (Lessor), and Prime Service, Inc., a Delaware corporation
(Lessee), dated June 9, 1998, as amended on September 16, 2005 (Property ID
Number 557-01).

40

 

Schedule 5.4

to Credit Agreement

	10.	 	Lease Agreement between Four Square Development Company, a Washington
partnership (Lessor), and Alpine Equipment Rentals & Supply Company Inc., a
Washington corporation (Lessee), dated November 1, 1991, as amended on July
29, 1996, renewed by RSC, successor to Alpine Equipment Rentals & Supply
Company, Inc., on April 5, 2002, and amended on May 17, 2002 and March 21,
2006 (Property ID Number 561-01).
	 
	11.	 	Lease Agreement between B&B Properties (Landlord), a Washington
partnership, and Prime Service, Inc. (Tenant), a Delaware corporation,
dated November 4, 1998, as renewed by RSC, successor to Prime Service,
Inc., on August 10, 2001, and amended on April 7, 2002 (Property ID Number
563-01).
	 
	12.	 	Lease Agreement between Harold E. Stack (Lessor) and Alpine Equipment
Rentals and Supply Company, Inc. (Lessee) dated April 22, 1990, as renewed
on November 30, 1995, assigned to Primeco, Inc. pursuant to Lessor’s
Consent dated July 25, 1996, amended on July 5, 2000, July 29, 2002 and
January 14, 2004 and renewed on June 30, 2005 (Property ID Number 565-01).
	 
	13.	 	Commercial Lease Agreement between John V. and Claudette S. Gubrud (Lessor)
and Alpine Equipment Rentals and Supply Company, Inc. (Lessee) dated May
15, 1995, as assigned to Primeco Inc. pursuant to Lessor’s Consent dated
July 25, 1996, amended and extended on July 16, 1999 and renewed by RSC on
January 28, 2005 (Property ID Number 566-01).
	 
	14.	 	Commercial Building Lease Agreement between Louisville Regional Airport
Authority and RSC dated May 21, 2004 (Property ID Number 730-01).
	 
	15.	 	Lease Agreement between The Prudential Insurance Company of America, a New
Jersey corporation (Lessor), and Primeco, Inc., dated August 7, 1992, as
amended on August 6, 1996, September 26, 1996, January 27, 1998 and
November 3, 2000 (Property ID Number 981-04).
	 
	16.	 	Master Lease Agreement No 00228 dated July 16, 2003 between the Company and
Bay4 Capital LLC.
	 
	17.	 	Lease Agreement between Mosak Properties LLC (Assignee/Landlord), a
Delaware limited liability company and Rental Service Corporation (Tenant),
dated November 4, 2004 (Property ID Number 354-02).
	 
	18.	 	Lease Agreement between Amtel, Inc. (Landlord), a South Carolina
corporation, and Prime Service, Inc (Tenant), a Delaware corporation, dated
March 23, 1998 (Property ID 478-02).
	 
	19.	 	Industrial Lease Agreement between Partnership 221 (Landlord), a New Mexico
limited liability company, and Zuni Rental Enterprises, L.L.C. (Tenant), a
Colorado limited liability company, as assigned to The Air & Pump Company
on December 2, 1997 and

41

 

Schedule 5.4

to Credit Agreement

	 	 	renewed by RSC pursuant to the lease renewal notice dated June 28, 2001 and
August 18, 2006 (Property ID Number 293-01).
	 
	20.	 	Applicable requirements under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976, as amended.

42

 

Schedule 5.8

to Credit Agreement

 Schedule 5.8: Real Property

I(a) Owned Real Property

	 	 	 	 	 	 	 	 	 	 	 
	 	 	State	 	City	 	Address	 	Zip Code
	1.

	 	Florida
	 	Ft. Pierce
	 	3019 S. US Highway 1
	 	 	34982	 
	 
	 	 	 	 	 	 	 	 	 	 
	2.

	 	Florida
	 	Pensacola
	 	5580 N. Pensacola Boulevard
	 	 	32505	 
	 
	 	 	 	 	 	 	 	 	 	 
	3.

	 	Iowa
	 	Muscatine
	 	1303 Washington Street
	 	 	52761	 
	 
	 	 	 	 	 	 	 	 	 	 
	4.

	 	North Carolina
	 	Winston-Salem
	 	3800 N. Patterson Avenue
	 	 	27105	 
	 
	 	 	 	 	 	 	 	 	 	 
	5.

	 	Texas
	 	Wichita Falls
	 	1113 Sheppard Access Road Coded
	 	 	76306	 

I(b) Leased Real Property

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	1
	 	9	 	R-001-01	 	4915 101st Avenue	 	Edmonton	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	2
	 	9	 	R-002-01	 	5518 50th Avenue	 	Bonnyville	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	4
	 	9	 	R-004-01	 	15730 118th Ave.	 	Edmonton	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	6
	 	9	 	R-006-02	 	275 MacAlpine Crescent	 	Fort McMurray	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	6
	 	9	 	R-006-03	 	265 MacAlpine - (lot lease)	 	Fort McMurray	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	7
	 	9	 	R-007-02	 	2181 Premier Way, #244	 	Sherwood Park	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	8
	 	9	 	R-008-04	 	2921 Millar Avenue	 	Saskatoon	 	SK
	 
	 	 	 	 	 	 	 	 	 	 
	9
	 	9	 	R-009-01	 	235 McDonald St. North	 	Regina	 	SK
	 
	 	 	 	 	 	 	 	 	 	 
	10
	 	9	 	R-010-02	 	3639 8th Street SE	 	Calgary	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	11
	 	9	 	R-011-02	 	6734 65th Avenue	 	Red Deer	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	12
	 	9	 	R-012-01	 	3915 38th Street	 	Whitecourt	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	13
	 	9	 	R-013-01	 	59 17th Street West	 	Prince Albert	 	SK
	 
	 	 	 	 	 	 	 	 	 	 
	14
	 	3	 	R-014-01	 	2136 W. Beaver Street	 	Jacksonville	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	15
	 	3	 	R-015-01	 	8618 Philips Highway	 	Jacksonville	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	16
	 	7	 	R-016-01	 	3301 Cities Service Hwy.	 	Westlake	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	18
	 	2	 	R-018-01	 	911 South Loop West	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	21
	 	7	 	R-021-01	 	38385 Highway 30	 	Gonzales	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	22
	 	2	 	R-022-02	 	U.S. Highway 79 South OR 766 Highway 79 West	 	Buffalo	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	26
	 	7	 	R-026-03	 	8424 Hansen Rd	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	27
	 	2	 	R-027-02	 	3500 Ellen Trout Drive	 	Lufkin	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	28
	 	2	 	R-028-01	 	1419 FM 1845	 	Longview	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	31
	 	2	 	R-031-01	 	2301 S. Texas Avenue	 	College Station	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	32
	 	2	 	R-032-02	 	820 Bus Hwy 30 E	 	Huntsville	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	33
	 	2	 	R-033-01	 	2700 W. Highway 290	 	Brenham	 	TX

43

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	34
	 	2	 	R-034-01	 	5210 S. General Bruce	 	Temple	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	36
	 	2	 	R-036-01	 	3301 Interstate Hwy. 35 North	 	Round Rock	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	38
	 	3	 	R-038-01	 	On-Site facility at Chevron Products	 	Pascagoula	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	39
	 	7	 	R-039-01	 	750 Highway 61 North	 	Vicksburg	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	40
	 	7	 	R-040-01	 	585 S. Padre Island	 	Corpus Christi	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	41
	 	7	 	R-041-01	 	4330 Highway 80 West	 	Jackson	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	42
	 	7	 	R-042-01	 	5595 Highway 49 South	 	Hattiesburg	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	43
	 	9	 	R-043-03	 	19862 County Road 20	 	Foley	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	44
	 	7	 	R-044-02	 	227 Shelton Street	 	Columbus	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	45
	 	3	 	R-045-01	 	14144 66th Street N.	 	Largo	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	46
	 	3	 	R-046-01	 	6717 US Highway 19	 	Port Richey	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	46
	 	3	 	R-046-02	 	11507 U.S. 19 North	 	Port Richey	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	48
	 	3	 	R-048-01	 	3051 Hanson Street	 	Ft. Myers	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	51
	 	8	 	R-051-01	 	3180 Highway 20 West	 	Decatur	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	52
	 	3	 	R-052-02	 	3235 Veterans Circle	 	Trussville	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	54
	 	3	 	R-054-01	 	2123 Hamilton Rd.	 	La Grange	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	55
	 	3	 	R-055-01	 	2400 Whittlesey Road	 	Columbus	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	56
	 	3	 	R-056-01	 	1747 Warm Springs Rd.	 	Columbus	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	57
	 	3	 	R-057-01	 	2379 Bentcreek Road	 	Auburn	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	57
	 	3	 	R-052-02	 	1845 East Glen Avenue	 	Auburn	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	58
	 	3	 	R-058-01	 	35 Herring Road	 	Newnan	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	59
	 	3	 	R-059-01	 	6535 Bankhead Hwy.	 	Douglasville	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	60
	 	3	 	R-060-01	 	616 Hwy 138 S.W. - Combined location with RSC District	 	 	 	 
	 
	 	 	 	 	 	Office #163 - Same Lease	 	Riverdale	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	61
	 	7	 	R-061-01	 	1214 Jefferson Road	 	Demopolis	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	66
	 	3	 	R-066-01	 	2750 Southside Drive	 	Tuscaloosa	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	67
	 	3	 	R-067-01	 	729 S. Westover Blvd.	 	Albany	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	68
	 	4	 	R-068-01	 	3521 Old Savannah Road.	 	Augusta	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	69
	 	8	 	R-069-01	 	4293 Highway 58	 	Chattanooga	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	71
	 	3	 	R-071-01	 	Lot 302 Highway 9	 	Cumming	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	72
	 	3	 	R-072-01	 	50 Trade Street	 	Bogart	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	73
	 	3	 	R-073-01	 	3297 Martha Berry Hwy.	 	Rome	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	75
	 	3	 	R-075-02	 	6575 Southern Boulevard	 	West Palm Beach	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	77
	 	3	 	R-077-01	 	1830 Mason Ave.	 	Daytona Beach	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	80
	 	8	 	R-080-02	 	43388 U.S. Highway 72	 	Stevenson	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	81
	 	8	 	R-081-01	 	3180 Leeman Ferry Rd.	 	Huntsville	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	82
	 	8	 	R-082-02	 	1512 E 2nd Street	 	Muscle Shoals	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	99
	 	6	 	R-099-01	 	6929 E. Greenway STE 200	 	Scottsdale	 	AZ

44

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	99
	 	6	 	R-884-01	 	10822 E Fanfol Lane	 	Scottsdale	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	99
	 	6	 	R-884-02	 	6633 E. Greenway Parkway, #2060	 	Scottsdale	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	100
	 	6	 	R-100-01	 	407 S. Price Road	 	Tempe	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	107
	 	7	 	R-107-01	 	11832 Lake Charles Highway	 	Leesville	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	110
	 	7	 	R-110-01	 	3612 Coliseum Blvd.	 	Alexandria	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	111
	 	7	 	R-111-01	 	333 Griffith Street	 	Pineville	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	112
	 	2	 	R-112-01	 	6230 Southwest Pkwy.	 	Wichita Falls	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	113
	 	2	 	R-113-02	 	2200 Falcon Rd	 	Altus	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	113
	 	2	 	R-113-03	 	3003 East Broadway Street	 	Altus	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	115
	 	7	 	R-115-02	 	4911 Highway 90 East	 	Broussard	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	116
	 	7	 	R-116-01	 	10606 E. Main St.	 	Houma	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	118
	 	7	 	R-118-01	 	68674 Hwy. 59	 	Mandeville	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	119
	 	7	 	R-119-01	 	5194 FM 1006	 	Orange	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	120
	 	7	 	R-120-01	 	201 Avenue F North	 	Bay City	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	121
	 	2	 	R-121-01	 	4542 IH 35	 	San Marcos	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	122
	 	2	 	R-122-01	 	1300 W. Central TX Expy.	 	Killeen	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	126
	 	2	 	R-126-02	 	29880 W IH-10	 	Boerne	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	127
	 	2	 	R-127-01	 	2225 Austin St	 	San Angelo	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	130
	 	7	 	R-130-01	 	80 Grady Road	 	Grenada	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	131
	 	5	 	R-131-01	 	6014 Forbing Road	 	Little Rock	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	131
	 	5	 	R-131-02	 	11618 Otter Creek South	 	Mabelvale	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	132
	 	5	 	R-132-01	 	6101 Forbing Road	 	Little Rock	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	135
	 	5	 	R-135-01	 	2600 W. Main	 	Jacksonville	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	136
	 	5	 	R-136-01	 	7217 Airways Road	 	Southaven	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	138
	 	7	 	R-138-01	 	3035 S. Frontage Road	 	Meridian	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	139
	 	5	 	R-139-01	 	2039 Fletcher Creek Road	 	Memphis	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	139
	 	5	 	R-139-03	 	Highway 70/Kirby-Whitten Road	 	Bartlett	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	141
	 	3	 	R-141-01	 	119 Doodle Avenue	 	Fort Walton Beach	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	142
	 	3	 	R-142-04	 	691 N.W. 31st Avenue	 	Pompano Beach	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	143
	 	3	 	R-143-03	 	2471 Smith Street	 	Kissimmee	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	145
	 	3	 	R-145-02	 	10247 Highway 84 East	 	Thomasville	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	151
	 	3	 	R-151-02	 	700 Enterprise Court	 	Montgomery	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	152
	 	3	 	R-152-02	 	1214 Hamrick Drive West	 	Oxford	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	153
	 	3	 	R-153-01	 	364 Highway 280	 	Alexander City	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	154
	 	3	 	R-154-02	 	3425 Napier Field Rd	 	Dothan	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	156
	 	3	 	R-156-01	 	1503 West 15th Street	 	Panama City	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	157
	 	3	 	R-157-01	 	140 Industrial Drive	 	Attalla	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	159
	 	3	 	R-159-01	 	1369 McCain Pkwy	 	Pelham	 	AL

45

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	160
	 	3	 	R-160-01	 	135 Peachtree Road	 	Byron	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	163
	 	3	 	R-163-01	 	616 Hwy 138 S.W.: Combined location with RSC Store	 	Riverdale	 	GA
	 
	 	 	 	 	 	#060 - Same Lease	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	165
	 	3	 	R-165-01	 	1747 Warm Springs Rd. (same lease as store #56)	 	Columbus	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	166
	 	3	 	R-166-01	 	921 East Morris Street	 	Dalton	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	167
	 	3	 	R-167-02	 	323 South Houston Lake Road	 	Warner Robins	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	169
	 	8	 	R-169-03	 	5188 Eastgate Blvd	 	Lebanon	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	170
	 	8	 	R-170-01	 	1500 Fritz Street SE	 	Cleveland	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	171
	 	8	 	R-171-02	 	10639 Dutchtown Road	 	Knoxville	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	173
	 	8	 	R-173-01	 	6688 W. A. Johnson Hwy.	 	Morristown	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	174
	 	8	 	R-174-01	 	608 West Avenue	 	Crossville	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	175
	 	8	 	R-175-02	 	147 Jack Miller Boulevard	 	Clarksville	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	176
	 	8	 	R-176-03	 	301 Crutcher Street	 	Nashville	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	177
	 	8	 	R-177-01	 	1425 S. Church Street	 	Murfreesboro	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	178
	 	8	 	R-178-01	 	109 Century Court	 	Franklin	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	180
	 	4	 	R-180-01	 	709 Seaboard Street	 	Myrtle Beach	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	184
	 	3	 	R-184-01	 	132 Matthews Drive	 	Hilton Head	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	188
	 	4	 	R-188-01	 	4013 Highway 74 West	 	Monroe	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	190
	 	4	 	R-190-01	 	700 South 15th Avenue	 	Hopewell	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	191
	 	4	 	R-191-01	 	3925 Washington Blvd.	 	Baltimore	 	MD
	 
	 	 	 	 	 	 	 	 	 	 
	193
	 	4	 	R-193-01	 	11104 Industrial Road	 	Manassas	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	195
	 	4	 	R-195-01	 	9430 Early Drive	 	Hagerstown	 	MD
	 
	 	 	 	 	 	 	 	 	 	 
	196
	 	4	 	R-196-01	 	6778 Lincoln Hwy. West	 	Thomasville	 	PA
	 
	 	 	 	 	 	 	 	 	 	 
	201
	 	4	 	R-201-01	 	610 Pine Log Road	 	Aiken	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	202
	 	4	 	R-202-01	 	1201 Electric Road	 	Salem	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	203
	 	4	 	R-203-02	 	1570 Radford Road	 	Christiansburg	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	204
	 	4	 	R-204-01	 	8008 Dorchester Road	 	Charleston	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	206
	 	4	 	R-206-01	 	1303 Governor Court	 	Abingdon	 	MD
	 
	 	 	 	 	 	 	 	 	 	 
	207
	 	4	 	R-207-02	 	4620 Wedgewood Boulevard	 	Frederick	 	MD
	 
	 	 	 	 	 	 	 	 	 	 
	210
	 	8	 	R-210-01	 	3913 24th Street	 	Moline	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	212
	 	5	 	R-212-01	 	2021 NE Broadway	 	Des Moines	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	213
	 	5	 	R-213-01	 	5735 4th Street SW	 	Cedar Rapids	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	214
	 	8	 	R-214-01	 	4419 & 4375 Reas Bridge Road	 	Decatur	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	216
	 	8	 	R-216-01	 	1414 Triumph Drive	 	Urbana	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	218
	 	5	 	R-218-01	 	2325 SE 5th Street	 	Ames	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	219
	 	8	 	R-219-01	 	300 W. Chicago Ave.	 	E. Chicago	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	221
	 	5	 	R-221-01	 	3140 E. Kearney	 	Springfield	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	223
	 	2	 	R-223-03	 	3520 N. Perkins Road	 	Stillwater	 	OK

46

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	224
	 	8	 	R-224-01	 	21600 Doral Road	 	Waukesha	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	224
	 	8	 	R-224-02	 	21650 Doral Road	 	Waukesha	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	225
	 	8	 	R-225-01	 	3736 11th Street	 	Rockford	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	226
	 	8	 	R-226-01	 	2201 East Higgins Road	 	ElK Grove Village	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	230
	 	5	 	R-230-02	 	6520 W. Barraque Street	 	Pine Bluff	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	231
	 	2	 	R-231-01	 	2022 Texas Blvd.	 	Texarkana	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	232
	 	5	 	R-232-01	 	1810 S. 8th Street	 	Rogers	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	232
	 	5	 	R-232-02	 	2505 N. 24th Street	 	Rogers	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	233
	 	5	 	R-233-01	 	2927 Browns Lane	 	Jonesboro	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	235
	 	5	 	R-235-01	 	931 S. Division Street	 	Blytheville	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	235
	 	5	 	R-235-02	 	4855 North County Road 773	 	Blytheville	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	237
	 	5	 	R-237-01	 	3004 S. Arkansas	 	Russellville	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	238
	 	5	 	R-238-01	 	3616 Towson Avenue	 	Fort Smith	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	239
	 	5	 	R-239-01	 	1800 Higdon Ferry Rd.	 	Hot Springs	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	240
	 	3	 	R-240-01	 	709 West Gaines St.	 	Tallahassee	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	241
	 	3	 	R-241-01	 	3655 N. Monroe St.	 	Tallahassee	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	243
	 	3	 	R-243-01	 	2445 Capital Circle NE	 	Tallahassee	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	244
	 	3	 	R-244-02	 	539 S.W. Arrowhead Terrace	 	Lake City	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	245
	 	3	 	R-245-02	 	4383 Inner Perimeter Road	 	Valdosta	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	247
	 	8	 	R-247-01	 	1610 W. Wisconsin Avenue	 	Appleton	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	248
	 	8	 	R-248-01	 	5814 Green Valley Road	 	Oshkosh	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	249
	 	2	 	R-249-01	 	3801 SE Nowata Road	 	Bartlesville	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	249
	 	2	 	R-249-02	 	Lot Next Door	 	Bartlesville	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	250
	 	5	 	R-250-01	 	2025 Westfield Avenue	 	Waterloo	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	251
	 	5	 	R-251-01	 	2809 Larson Street	 	LaCrosse	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	252
	 	5	 	R-252-03	 	1100 Vine Street	 	Hays	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	254
	 	4	 	R-254-02	 	7094 Truck World Blvd	 	Hubbard	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	256
	 	5	 	R-256-01	 	449 St. Ferdinand	 	Florissant	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	257
	 	5	 	R-257-01	 	1717 Ford Lane	 	St. Charles	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	260
	 	7	 	R-260-01	 	8500 W. Bay Road - On-site facility at Bayer	 	Baytown	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	262
	 	7	 	R-262-01	 	8280 Sheldon Road - On-site facility at Citgo	 	Channelview	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	263
	 	7	 	R-263-01	 	458 Plantation Drive, PMB 302 - On-site facility at Dow	 	Lake Jackson	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	265
	 	7	 	R-265-01	 	1790 Paris Road-Gate #3 - On-site facility at Mobile	 	Chalmette	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	266
	 	7	 	R-266-01	 	585 S. Padre Island - On-site facility at Koch	 	Corpus Christi	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	267
	 	7	 	R-267-01	 	3301 Cities Service Highway - On-site	 	Westlake	 	LA
	 
	 	 	 	 	 	facility at Petro	 	 	 	 

47

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	268
	 	8	 	R-268-01	 	300 W. Chicago Ave. - On-site facility at Amoco	 	E. Chicago	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	271
	 	8	 	R-271-01	 	Finley Island Road - On-site facility at Amoco Chemical	 	Decatur	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	272
	 	5	 	R-272-01	 	650 Industrial Road - Onsite facility at Cargill Plant	 	Blair	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	274
	 	8	 	R-274-03	 	6001 Atwood Drive	 	Richmond	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	276
	 	8	 	R-276-02	 	912 W Cumberland Gap Parkway	 	Corbin	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	279
	 	2	 	R-279-01	 	3212 Prairie Valley Road	 	Ardmore	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	280
	 	5	 	R-280-01	 	1401 W. Potter Ave	 	Kirksville	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	280
	 	5	 	R-280-02	 	3008 Baltimore Street	 	Kirksville	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	281
	 	5	 	R-281-02	 	5635 Highway 54	 	Osage Beach	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	282
	 	5	 	R-282-01	 	1226 E. 16th Avenue & 1508 13th Street E.	 	Hibbing	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	283
	 	5	 	R-283-01	 	325 S. Kansas Avenue	 	Liberal	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	285
	 	6	 	R-285-01	 	230394 Highland Road	 	Scottsbluff	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	288
	 	4	 	R-288-03	 	932 S. 13th Street	 	Harrisburg	 	PA
	 
	 	 	 	 	 	 	 	 	 	 
	290
	 	6	 	R-290-02	 	Airport Boulevard & 22nd Avenue	 	Aurora	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	290
	 	6	 	R-290-01	 	11250 East 40th Ave.	 	Denver	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	291
	 	6	 	R-291-01	 	1250 Zuni Street	 	Denver	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	292
	 	2	 	R-292-01	 	3900 Interstate 40 East	 	Amarillo	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	293
	 	2	 	R-293-01	 	317 Southeast Loop 289	 	Lubbock	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	294
	 	6	 	R-294-01	 	201 Juan Tabo NE	 	Albuquerque	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	295
	 	6	 	R-295-01	 	9170 Coors NW	 	Albuquerque	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	296
	 	6	 	R-296-01	 	2401 Menaul NE	 	Albuquerque	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	297
	 	5	 	R-297-02	 	3708 Arch Avenue	 	Grand Island	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	298
	 	5	 	R-298-01	 	11615 S. Rogers Road	 	Olathe	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	299
	 	5	 	R-299-02	 	1040 Burlington	 	Kansas City	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	300
	 	6	 	R-300-01	 	1429 E. Mulberry	 	Fort Collins	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	301
	 	6	 	R-301-01	 	481 West 84th Avenue	 	Thornton	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	302
	 	6	 	R-302-01	 	13109 N. Highway 85	 	Littleton	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	303
	 	6	 	R-303-01	 	2401 Steel Drive	 	Colorado Springs	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	306
	 	5	 	R-306-01	 	5101 East 63rd Street	 	Derby	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	308
	 	4	 	R-308-01	 	575 E. Exchange Street	 	Akron	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	311
	 	5	 	R-311-01	 	9707 E. Orme	 	Wichita	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	312
	 	5	 	R-312-02	 	9127 West Kellogg Drive	 	Wichita	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	314
	 	5	 	R-314-01	 	951 SE. Oldham Parkway	 	Lees Summit	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	315
	 	5	 	R-315-01	 	754 E. Young	 	Warrensburg	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	315
	 	5	 	R-315-02	 	611 Creach Drive (lot lease)	 	Warrensburg	 	MO

48

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	316
	 	5	 	R-316-02	 	1606 Commerce Court	 	Columbia	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	317
	 	5	 	R-317-01	 	2805 Newman Road	 	Joplin	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	318
	 	2	 	R-318-01	 	2900 North Interstate Dr.	 	Norman	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	319
	 	5	 	R-319-02	 	3818 South Leonard Road	 	St. Joseph	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	320
	 	5	 	R-320-01	 	2340 Fernbrook Lane	 	Plymouth	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	322
	 	5	 	R-322-01	 	6740 Hudson Blvd.	 	Oakdale	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	322
	 	5	 	R-322-02	 	Hudson Blvd (lot lease)	 	Oakdale	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	323
	 	5	 	R-323-01	 	3750 Highway 13 West	 	Burnsville	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	324
	 	5	 	R-324-01	 	4201 West First Street	 	Duluth	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	325
	 	5	 	R-325-02	 	8616 S. 135th Street	 	LaVista	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	326
	 	5	 	R-326-01	 	1821 Cornhusker Hwy.	 	Lincoln	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	326
	 	5	 	R-326-02	 	1830 Yolande (lot lease)	 	Lincoln	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	327
	 	8	 	R-327-01	 	4117 W. Mount Pleasant	 	West Burlington	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	328
	 	8	 	R-328-01	 	2700 S. 17th Street	 	Clinton	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	330
	 	5	 	R-330-01	 	3020 Highway 63 North	 	Rochester	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	331
	 	2	 	R-331-01	 	810 Strong Highway	 	El Dorado	 	AR
	 
	 	 	 	 	 	 	 	 	 	 
	332
	 	2	 	R-332-01	 	8104 Northwest Expy.	 	Oklahoma City	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	333
	 	2	 	R-333-01	 	708 W. Elgin Street	 	Broken Arrow	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	334
	 	2	 	R-334-01	 	324 W. Memorial Rd.	 	Oklahoma City	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	337
	 	2	 	R-337-01	 	9222 East 21st Street	 	Tulsa	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	338
	 	2	 	R-338-01	 	10601 S. Memorial Dr.	 	Tulsa	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	339
	 	5	 	R-339-01	 	4609 Crossroads Ind. Blvd.	 	Bridgeton	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	340
	 	8	 	R-340-01	 	2701 South Main Street	 	Bloomington	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	341
	 	5	 	R-341-01	 	2050 Southern Expressway	 	Cape Girardeau	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	342
	 	5	 	R-342-02	 	3801 Maine Street	 	Quincy	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	343
	 	8	 	R-343-01	 	3161 Market Street	 	Green Bay	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	344
	 	8	 	R-344-01	 	26 Marsh Court	 	Madison	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	345
	 	8	 	R-345-01	 	5605 Mesker Street	 	Schofield	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	346
	 	8	 	R-346-01	 	2901 N. Peoria	 	Peru	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	347
	 	8	 	R-347-01	 	1845 East Lincoln Hwy.	 	DeKalb	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	348
	 	8	 	R-348-02	 	3407 N. Main Street	 	East Peoria	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	350
	 	4	 	R-350-01	 	1291 Medina Road	 	Medina	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	352
	 	5	 	R-352-01	 	307 North 14th Avenue	 	Dodge City	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	353
	 	7	 	R-353-01	 	1948 Cliff Gookin Blvd.	 	Tupelo	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	354
	 	8	 	R-354-02	 	22634 South Frontage Road West	 	Channahon	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	355
	 	5	 	R-355-01	 	3352 Southway Drive	 	St. Cloud	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	357
	 	8	 	R-357-02	 	1600 S. Dirksen Parkway	 	Springfield	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	358
	 	5	 	R-358-01	 	390 E. 12th Street	 	Dubuque	 	IA

49

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	359
	 	5	 	R-359-02	 	5076 Mid America Court	 	Collinsville	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	361
	 	5	 	R-361-02	 	4258 3rd Avenue NW	 	Fargo	 	ND
	 
	 	 	 	 	 	 	 	 	 	 
	361
	 	5	 	R-361-03	 	3004 Thunder Road South	 	Fargo	 	ND
	 
	 	 	 	 	 	 	 	 	 	 
	362
	 	5	 	R-362-01	 	3620 North Lewis Avenue	 	Sioux Falls	 	SD
	 
	 	 	 	 	 	 	 	 	 	 
	366
	 	5	 	R-366-03	 	#48 Industrial Park Drive	 	Hollister	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	367
	 	5	 	R-367-02	 	174 Kenworth boulevard	 	Jackson	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	369
	 	5	 	R-369-02	 	31st St & Haskell Ave	 	Lawrence	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	370
	 	4	 	R-370-02	 	900 Basin Rd	 	New Castle	 	DE
	 
	 	 	 	 	 	 	 	 	 	 
	371
	 	4	 	R-371-02	 	1209 Marshall Avenue	 	Lancaster	 	PA
	 
	 	 	 	 	 	 	 	 	 	 
	372
	 	4	 	R-372-01	 	28587 Sussex Highway	 	Laurel	 	DE
	 
	 	 	 	 	 	 	 	 	 	 
	374
	 	4	 	R-374-01	 	8200 Cryden Way	 	Forestville	 	MD
	 
	 	 	 	 	 	 	 	 	 	 
	376
	 	3	 	R-376-02	 	392 North Expressway	 	Griffin	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	377
	 	3	 	R-377-01	 	16300 U.S. Highway 80 West	 	Statesboro	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	378
	 	8	 	R-378-01	 	530 South 4th Street	 	Danville	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	378
	 	8	 	R-378-02	 	528 S. 4th Street	 	Danville	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	380
	 	8	 	R-380-01	 	6270 N. Dixie Highway	 	Elizabethtown	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	381
	 	8	 	R-381-01	 	65 Sulphur Springs Rd.	 	Lebanon	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	382
	 	4	 	R-382-02	 	947 Route 22 East	 	Duncansville	 	PA
	 
	 	 	 	 	 	 	 	 	 	 
	383
	 	4	 	R-383-01	 	3883 Sweeten Creek Road	 	Arden	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	388
	 	8	 	R-388-02	 	970 Lovers Lane	 	Bowling Green	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	390
	 	6	 	R-390-02	 	115 E. Baseline Road (lot lease)	 	Gilbert	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	390
	 	6	 	R-390-01	 	215 E. Baseline Road	 	Gilbert	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	391
	 	6	 	R-391-01	 	1770 W. Prince Road	 	Tucson	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	392
	 	6	 	R-392-01	 	3461 East Deuce of Clubs	 	Show Low	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	393
	 	6	 	R-393-01	 	2224 NW Grand Avenue	 	Phoenix	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	394
	 	6	 	R-394-01	 	648 East Fry Blvd.	 	Sierra Vista	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	395
	 	6	 	R-395-02	 	1060 E. Highway 70	 	Safford	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	396
	 	6	 	R-396-02	 	2020 US Highway 60	 	Globe	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	397
	 	6	 	R-397-01	 	2323 West Hwy. 66	 	Gallup	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	398
	 	6	 	R-398-02	 	181 S. Browning Parkway	 	Farmington	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	399
	 	6	 	R-399-01	 	21445 North 27th Ave.	 	Phoenix	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	400
	 	6	 	R-400-01	 	814 N Santa Fe Ave.	 	Pueblo	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	401
	 	6	 	R-401-01	 	2251 Downhill Drive	 	Steamboat Springs	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	402
	 	6	 	R-402-02	 	6921 East Cave Creek Road	 	Cave Creek	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	403
	 	6	 	R-403-02	 	Lots C-5 & C6 Del Camino Rd.	 	Santa Fe	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	403
	 	6	 	R-403-01	 	2707 Cerrillos	 	Santa Fe	 	NM
	 
	 	 	 	 	 	 	 	 	 	 
	404
	 	6	 	R-404-01	 	125 8th Ave.	 	Greeley	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	405
	 	6	 	R-405-02	 	1437 Hwy 70 West	 	Alamogordo	 	NM

50

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	408
	 	6	 	R-408-01	 	18810 Longs Way	 	Parker	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	409
	 	6	 	R-409-01	 	1045 Chambers Ave. Lot C-11	 	Eagle	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	410
	 	6	 	R-410-01	 	709 West Lincolnway	 	Cheyenne	 	WY
	 
	 	 	 	 	 	 	 	 	 	 
	411
	 	6	 	R-411-01	 	11039 N. Cave Creek Road	 	Phoenix	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	412
	 	6	 	R-412-02	 	6363 E. 2nd Street	 	Prescott Valley	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	413
	 	6	 	R-413-01	 	1429 North Pinal Avenue	 	Casa Grande	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	414
	 	6	 	R-414-01	 	2372 E. Main Street	 	Montrose	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	415
	 	6	 	R-415-02	 	0112 Summit County Road #450	 	Breckenridge	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	415
	 	6	 	R-415-01	 	116 Country Road 450 (lot lease)	 	Breckenridge	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	416
	 	6	 	R-416-01	 	249 Adams Avenue	 	Silverthorne	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	418
	 	6	 	R-418-02	 	955 Valley St	 	Colorado Springs	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	419
	 	6	 	R-419-01	 	900 S. Sunset Road	 	Longmont	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	420
	 	6	 	R-420-01	 	650 S. 11th Street	 	Gunnison	 	CO
	 
	 	 	 	 	 	 	 	 	 	 
	421
	 	4	 	R-421-01	 	1000 Halstead Boulevard	 	Elizabeth City	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	422
	 	5	 	R-422-01	 	2120 E. 4th Street	 	North Platte	 	NE
	 
	 	 	 	 	 	 	 	 	 	 
	423
	 	5	 	R-423-01	 	915 Enoch Lane	 	Manhattan	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	424
	 	5	 	R-424-02	 	U.S. Highway 60 / 3525 Park Avenue	 	Peducah	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	426
	 	3	 	R-426-01	 	725 S.E. Monterey Road	 	Stuart	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	426
	 	3	 	R-426-02	 	705 S.E. Monterey Road	 	Stuart	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	427
	 	4	 	R-427-01	 	1090 & 1094 Mantua Pike, Rt 45	 	Wenonah	 	NJ
	 
	 	 	 	 	 	 	 	 	 	 
	429
	 	8	 	R-429-01	 	5809 Highway 8 West	 	Rhinelander	 	WI
	 
	 	 	 	 	 	 	 	 	 	 
	431
	 	4	 	R-431-01	 	2402 Highway 72/221 E. Brickyard Rd.	 	Greenwood	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	432
	 	8	 	R-432-02	 	800 Boone Station Rd	 	Johnson City	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	434
	 	8	 	 	 	I S G Indiana Harbor Inc - On-site facility at	 	 	 	 
	 
	 	 	 	 	 	LTV Steel	 	East Chicago	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	435
	 	6	 	R-435-02	 	3380 St. Rose Parkway	 	Henderson	 	NV
	 
	 	 	 	 	 	 	 	 	 	 
	437
	 	6	 	R-437-01	 	3685 South Winchester Road	 	Apache Junction	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	438
	 	7	 	R-438-01	 	307 Industrial Park Rd.	 	Starkville	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	438
	 	7	 	R-438-02	 	Highway 25 Bypass at Reed Road	 	Starkville	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	439
	 	6	 	R-439-01	 	3233 Cy Avenue	 	Casper	 	WY
	 
	 	 	 	 	 	 	 	 	 	 
	442
	 	4	 	R-442-01	 	9801 Nokesville Road (Showroom)	 	Manassas	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	443
	 	4	 	R-443-02	 	4616 Lassen Lane	 	Fredericksburg	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	444
	 	4	 	R-444-01	 	1961 S. Loudoun Street	 	Winchester	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	446
	 	4	 	R-446-01	 	1308 Horner Road	 	Woodbridge	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	447
	 	4	 	R-447-01	 	2413 London Bridge Road	 	Virginia Beach	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	447
	 	4	 	R-447-02	 	Lot 28 @ Squadron Court & Taylor Farm Road	 	Virginia Beach	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	448
	 	7	 	 	 	2200 Old Spanish Trail - On-site facility	 	 	 	 
	 
	 	 	 	 	 	located at Conoco	 	Westlake	 	LA

51

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	449
	 	4	 	R-449-01	 	249 E. Shirley Avenue	 	Warrenton	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	451
	 	3	 	R-451-02	 	1026 South Memorial Drive	 	Prattville	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	452
	 	7	 	 	 	Ppg - 1300 Ppg Drive - On-site facility located at PPF	 	Westlake	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	454
	 	4	 	R-454-03	 	161 Charles Street	 	Harrisonburg	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	456
	 	1	 	R-456-01	 	210 N. Wood Drive	 	Camarillo	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	457
	 	4	 	R-457-01	 	1400 Bluff Road	 	Columbia	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	458
	 	4	 	R-458-02	 	13710 Booker T. Washington Highway	 	Moneta	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	459
	 	4	 	R-459-02	 	181 Oak Carriage Dr.	 	Lewisburg	 	WV
	 
	 	 	 	 	 	 	 	 	 	 
	460
	 	4	 	R-460-01	 	319 Oakvale Road	 	Princeton	 	WV
	 
	 	 	 	 	 	 	 	 	 	 
	462
	 	4	 	R-462-03	 	309 North Eisenhower Drive	 	Beckley	 	WV
	 
	 	 	 	 	 	 	 	 	 	 
	462
	 	4	 	R-462-01	 	309 North Eisenhower Drive	 	Beckley	 	WV
	 
	 	 	 	 	 	 	 	 	 	 
	462
	 	4	 	R-462-02	 	307 N Eisenhower Dr (Lots 2 & 3)	 	Beckley	 	WV
	 
	 	 	 	 	 	 	 	 	 	 
	463
	 	4	 	R-463-02	 	315 West Main Street	 	Charlottesville	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	463
	 	4	 	R-463-03	 	Meade Street - lease out for signing	 	Charlottesville	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	464
	 	4	 	R-464-03	 	2787 Simmons Drive	 	Cloverdale	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	465
	 	4	 	R-465-01	 	6710-6720 Everglades Drive	 	Richmond	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	465
	 	4	 	R-465-02	 	6725 Atmore Drive - Adjacent lot	 	Richmond	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	466
	 	4	 	R-466-01	 	8405 Brook Road	 	Glen Allen	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	466
	 	4	 	R-466-02	 	8401 Brook Road	 	Glen Allen	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	472
	 	4	 	R-472-05	 	3022 Griffith St	 	Charlotte	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	473
	 	4	 	R-473-01	 	105 Swing Road	 	Greensboro	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	474
	 	4	 	R-474-01	 	5600 Chapel Hill Road	 	Raleigh	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	475
	 	8	 	R-475-02	 	4311 North Mayflower Road	 	South Bend	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	476
	 	4	 	R-476-01	 	1000 Woodruff Road	 	Greenville	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	477
	 	4	 	R-477-01	 	2841 Azalea Drive	 	Charleston	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	478
	 	4	 	R-478-02	 	910 Riverview Road	 	Rock Hill	 	SC
	 
	 	 	 	 	 	 	 	 	 	 
	479
	 	4	 	R-479-01	 	1020 N. Front Street	 	Wilmington	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	480
	 	4	 	R-480-02	 	141 Sweeten Creek Road	 	Asheville	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	482
	 	3	 	R-482-02	 	1000 Chatham Parkway North	 	Savannah	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	485
	 	8	 	R-485-01	 	1830 Foreman Drive	 	Cookeville	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	486
	 	3	 	R-486-01	 	229 Hurricane Shoals Road	 	Lawrenceville	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	487
	 	3	 	R-487-02	 	1950 Guffin Lane	 	Marietta	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	489
	 	1	 	R-489-01	 	7920 N.E. St. Johns Rd.	 	Vancouver	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	489
	 	1	 	R-489-02	 	7920 NE St. Johns Rd - (Lot Lease)	 	Vancouver	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	490
	 	5	 	R-490-02	 	4016 Highway Boulevard	 	Spencer	 	IA
	 
	 	 	 	 	 	 	 	 	 	 
	493
	 	8	 	R-493-01	 	1006 S. Division Avenue	 	Grand Rapids	 	MI
	 
	 	 	 	 	 	 	 	 	 	 
	493
	 	8	 	R-493-02	 	5135 68th Street SE	 	Grand Rapids	 	MI
	 
	 	 	 	 	 	 	 	 	 	 
	494
	 	4	 	R-494-01	 	229 Center Street	 	Jacksonville	 	NC

52

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	495
	 	2	 	R-495-02	 	32000 SH #249	 	Pinehurst	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	497
	 	3	 	R-497-01	 	1008 Commercial St	 	Brunswick	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	500
	 	1	 	R-500-01	 	5800 Armada Drive, #210	 	Carlsbad	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	501
	 	5	 	R-501-01	 	1500 S. Broadway	 	Salina	 	KS
	 
	 	 	 	 	 	 	 	 	 	 
	502
	 	6	 	R-502-01	 	1450 Coffeen Avenue	 	Sheridan	 	WY
	 
	 	 	 	 	 	 	 	 	 	 
	505
	 	1	 	R-505-02	 	520 E. LaCadena Drive	 	Riverside	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	506
	 	1	 	R-506-01	 	4117 Rosedale Highway	 	Bakersfield	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	508
	 	1	 	R-508-01	 	2900 E. Spring Street	 	Long Beach	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	511
	 	1	 	R-511-02	 	28377 Felix Valdez Avenue	 	Temecula	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	512
	 	1	 	R-512-01	 	220 North Johnson Avenue	 	El Cajon	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	513
	 	1	 	R-513-01	 	1000 S. Grand Avenue	 	Santa Ana	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	521
	 	6	 	R-521-01	 	5300 E. Railhead Avenue	 	Flagstaff	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	521
	 	6	 	R-521-02	 	Huntington Drive	 	Flagstaff	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	523
	 	6	 	R-523-01	 	2900 Highway #95	 	Bullhead City	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	523
	 	6	 	R-523-02	 	Silvercreek Road	 	Bullhead City	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	524
	 	6	 	R-524-02	 	1968 Acoma Boulevard	 	Lake Havasu City	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	527
	 	6	 	R-527-01	 	2720 E 16th Street (Hwy 95)	 	Yuma	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	528
	 	6	 	R-528-01	 	2781 W. 2100 South	 	West Valley City	 	UT
	 
	 	 	 	 	 	 	 	 	 	 
	550
	 	1	 	R-550-01	 	2177 Jerrold Avenue	 	San Francisco	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	552
	 	1	 	R-552-01	 	2150 O'Toole Avenue	 	San Jose	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	554
	 	1	 	R-554-01	 	4635 Power Inn Road	 	Sacramento	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	555
	 	1	 	R-555-02	 	3333 South Highway 99	 	Stockton	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	556
	 	1	 	R-556-02	 	4030 Pacheco Boulevard	 	Martinez	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	557
	 	1	 	R-557-01	 	8001 Oakport Street	 	Oakland	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	558
	 	4	 	R-558-01	 	1049 S. McCord Road	 	Holland	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	559
	 	1	 	R-559-01	 	501 South Main	 	Ellensburg	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	560
	 	1	 	R-560-01	 	1210 W. Broadway	 	Moses Lake	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	561
	 	1	 	R-561-01	 	2302 East “Q” Street	 	Tacoma	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	562
	 	1	 	R-562-02	 	2810 Highland Avenue	 	Everett	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	563
	 	1	 	R-563-01	 	9045 Willows Road	 	Redmond	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	565
	 	1	 	R-565-01	 	5421 1st Avenue South	 	Seattle	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	565
	 	1	 	R-565-03	 	S. Dawson St. (lot lease)	 	Seattle	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	566
	 	1	 	R-566-01	 	1301 East College Way	 	Mt Vernon	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	569
	 	1	 	R-569-02	 	1385 SE Amber Road	 	Clackamus	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	570
	 	1	 	R-570-01	 	61530 S. Highway 97	 	Bend	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	572
	 	1	 	R-572-01	 	2333 S. Hwy 97	 	Redmond	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	573
	 	1	 	R-573-01	 	2661 N.W. Stephens Street	 	Roseburg	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	575
	 	1	 	R-575-01	 	915 E. Elm Avenue	 	Hermiston	 	OR

53

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	578
	 	1	 	R-578-01	 	1819 Highway 101 South	 	Coos Bay	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	579
	 	1	 	R-579-01	 	3344 Washburn Way	 	Klamath Falls	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	581
	 	1	 	R-581-01	 	2100 Hwy 99N	 	Eugene	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	583
	 	1	 	R-583-01	 	3092 Silverton Road	 	Salem	 	OR
	 
	 	 	 	 	 	 	 	 	 	 
	601
	 	9	 	R-601-03	 	705 Laval Crescent	 	Kamloops	 	BC
	 
	 	 	 	 	 	 	 	 	 	 
	602
	 	9	 	R-602-01	 	2230-9th Avenue	 	Medicine Hat	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	604
	 	9	 	R-604-01	 	1405 33 Street N.	 	Lethbridge	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	605
	 	9	 	R-605-01	 	5114 62nd Street	 	Lloydminster	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	605
	 	9	 	R-605-02	 	6205 51st Avenue (lot lease)	 	Lloydminster	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	608
	 	9	 	R-608-01	 	1905 Merivale Rd.	 	Nepean	 	ON
	 
	 	 	 	 	 	 	 	 	 	 
	609
	 	9	 	R-609-02	 	47 Cardico Drive, Unit 2	 	Gormley	 	ON
	 
	 	 	 	 	 	 	 	 	 	 
	613
	 	3	 	R-613-01	 	3110 Winter Lake Road	 	Lakeland	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	614
	 	3	 	R-614-01	 	3635 Hwy. 98 N.	 	Lakeland	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	616
	 	3	 	R-616-01	 	5907 E. Adamo Drive	 	Tampa	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	617
	 	3	 	R-617-01	 	1835 N. Washington Blvd.(Hwy301)	 	Sarasota	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	618
	 	3	 	R-618-02	 	907 East Canal Street	 	Mulberry	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	620
	 	4	 	R-620-02	 	200 S. LaSalle Street	 	Durham	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	622
	 	3	 	R-622-02	 	4201 L.B. McLeod	 	Orlando	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	623
	 	3	 	R-623-02	 	10230 Logan Cline Drive	 	Gulfport	 	MS
	 
	 	 	 	 	 	 	 	 	 	 
	624
	 	9	 	R-624-01	 	850 High St	 	Moose Jaw	 	SK
	 
	 	 	 	 	 	 	 	 	 	 
	627
	 	4	 	R-627-01	 	723 Hwy. 29 North	 	Concord	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	629
	 	4	 	R-629-01	 	602 Copeland Drive	 	Hampton	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	630
	 	3	 	R-630-01	 	2613 Orlando Drive	 	Sanford	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	631
	 	4	 	R-631-01	 	6133 Murchison Road	 	Fayetteville	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	631
	 	4	 	R-631-02	 	4301 Murchison Road	 	Fayetteville	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	633
	 	4	 	R-633-01	 	342 & 344 Plaza Drive, Hwy 150	 	Mooresville	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	633
	 	4	 	R-633-02	 	505 East Plaza Drive	 	Mooresville	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	635
	 	9	 	R-635-01	 	1375 Vernon Drive	 	Vancouver	 	BC
	 
	 	 	 	 	 	 	 	 	 	 
	641
	 	3	 	R-641-02	 	100 Weber Ave & Hwy 44	 	Leesburg	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	642
	 	3	 	R-642-02	 	2850 W. State Road 520	 	Cocoa	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	644
	 	3	 	R-644-01	 	355 5th Street SW	 	Winter Haven	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	650
	 	2	 	R-650-01	 	12997 North Freeway	 	Ft Worth	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	651
	 	2	 	R-651-01	 	300 Lynbrook Boulevard	 	Shreveport	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	653
	 	2	 	R-653-01	 	737 East Main	 	Lewisville	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	654
	 	2	 	R-654-03	 	2728 Westmoreland	 	Dallas	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	655
	 	2	 	R-655-01	 	6931 Woodway Drive - bldg #3	 	Waco	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	656
	 	7	 	R-656-02	 	58020 Industrial Boulevard	 	Plaquemine	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	657
	 	7	 	R-657-02	 	2235 Highway 70	 	Donaldsonville	 	LA

54

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	659
	 	2	 	R-659-01	 	1766 S. Treadaway	 	Abilene	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	660
	 	2	 	R-660-03	 	3301 North Garnett Road	 	Tulsa	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	662
	 	2	 	R-662-02	 	2420 Lee Boulevard	 	Lawton	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	664
	 	2	 	R-664-02	 	3595 FM 1960 West	 	Humble	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	666
	 	7	 	R-666-03	 	6952 & 6958 Airline Highway	 	Baton Rouge	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	668
	 	7	 	R-668-01	 	1444 W. Bank Expressway	 	Westwego	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	668
	 	7	 	R-668-02	 	1446 W. Bank Expressway	 	Westwego	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	669
	 	2	 	R-669-02	 	2809 West Kinglsey Road	 	Garland	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	670
	 	6	 	R-670-01	 	6914 Gateway East	 	El Paso	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	672
	 	7	 	R-672-01	 	11580 Chef Menteur Highway	 	New Orleans	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	673
	 	2	 	R-673-01	 	320 North Highway 67	 	Midlothian	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	676
	 	2	 	R-676-01	 	3101 South Prospect	 	Oklahoma City	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	677
	 	2	 	R-677-01	 	10300 I.H. 35 North	 	Austin	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	681
	 	2	 	R-681-02	 	East Ben 4811a /k/Chapman Lane a 3536 White	 	Austin	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	682
	 	4	 	R-682-01	 	3560 Young Place	 	Lynchburg	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	683
	 	4	 	R-683-01	 	944 Manifold Rd	 	Washington	 	PA
	 
	 	 	 	 	 	 	 	 	 	 
	684
	 	1	 	R-684-01	 	19091 Hwy #33 - On-Site Trailer at AERA Energy	 	McKittrick	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	686
	 	1	 	R-686-01	 	421 S. Wenatchee Blvd.	 	Wenatchee	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	687
	 	1	 	R-687-02	 	5414 South Peach Avenue	 	Fresno	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	688
	 	5	 	R-688-01	 	c/o Shell Oil-Purchasing Warehouse, Rt. 111 - On-site	 	 	 	 
	 
	 	 	 	 	 	facility at Shell Oil	 	Roxana	 	IL
	 
	 	 	 	 	 	 	 	 	 	 
	689
	 	2	 	R-689-02	 	1533 N. McDonald	 	McKinney	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	691
	 	2	 	R-691-01	 	5120 Wurzbach Road	 	San Antonio	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	692
	 	2	 	R-692-03	 	5333 E. Houston	 	San Antonio	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	692
	 	2	 	R-692-02	 	5333 E. Houston (lot lease)	 	San Antonio	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	694
	 	3	 	R-694-03	 	4226 Halls Mill Road	 	Mobile	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	694
	 	3	 	R-694-02	 	4226 Halls Mill Road - Small yard and shed adjacent	 	 	 	 
	 
	 	 	 	 	 	to store	 	Mobile	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	697
	 	7	 	 	 	1008 E. Ashley Wilson Road - On-site facility at Sweeny	 	Sweeny	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	703
	 	3	 	R-703-02	 	7907 Baseline Court	 	Tampa	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	704
	 	3	 	R-704-02	 	327 Thorpe Road	 	Orlando	 	FL
	 
	 	 	 	 	 	 	 	 	 	 
	706
	 	3	 	R-706-02	 	5260 Truman Drive	 	Decatur	 	GA
	 
	 	 	 	 	 	 	 	 	 	 
	707
	 	3	 	R-707-01	 	4111 Pinson Valley Parkway	 	Birmingham	 	AL
	 
	 	 	 	 	 	 	 	 	 	 
	708
	 	8	 	R-708-01	 	4300 Muhlhauser Road	 	Fairfield	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	709
	 	2	 	R-709-03	 	2201 Tin Top Road, #400	 	Weatherford	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	710
	 	8	 	 	 	3210 Watling Street - On-site facility -	 	East Chicago	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	712
	 	1	 	R-712-02	 	8450 Haddon Avenue	 	Sun Valley	 	CA

55

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	713
	 	5	 	R-713-01	 	1790 Radisson Road NE	 	Blaine	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	714
	 	2	 	 	 	1000 South Pine - On-site facility at Conoco	 	Ponca City	 	OK
	 
	 	 	 	 	 	 	 	 	 	 
	716
	 	7	 	R-716-03	 	913 Chippewa Street	 	Baton Rouge	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	717
	 	9	 	R-717-01	 	396 McGregor Road, Unit A	 	Sarnia	 	ON
	 
	 	 	 	 	 	 	 	 	 	 
	721
	 	2	 	R-721-02	 	11003 Bissonnet	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	721
	 	2	 	R-721-03	 	2735 FM 2218	 	Rosenberg	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	724
	 	9	 	 	 	275 Macalpine Crescent - On-site facility.	 	Ft. McMurray	 	AB
	 
	 	 	 	 	 	 	 	 	 	 
	726
	 	2	 	R-726-02	 	2510 S. Main Street	 	Stafford	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	727
	 	2	 	R-727-02	 	12245 Veterans Memorial Pkwy	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	727
	 	2	 	R-727-03	 	Sprayberry Lane	 	Conroe	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	730
	 	8	 	R-730-01	 	3485 Roger E. Schupp Street	 	Louisville	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	731
	 	8	 	R-731-02	 	4828 Constellation Avenue	 	Evansville	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	733
	 	8	 	R-733-04	 	3660 Interchange Road	 	Columbus	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	734
	 	8	 	R-734-02	 	1677 Jaggie Fox Way	 	Lexington	 	KY
	 
	 	 	 	 	 	 	 	 	 	 
	735
	 	8	 	R-735-02	 	5773 Executive Boulevard	 	Huber Heights	 	OH
	 
	 	 	 	 	 	 	 	 	 	 
	736
	 	8	 	R-736-02	 	3805 S. Harding Street	 	Indianapolis	 	IN
	 
	 	 	 	 	 	 	 	 	 	 
	739
	 	8	 	R-739-02	 	1255 Bridgestone Parkway	 	LaVergne	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	740
	 	4	 	R-740-01	 	10840 Metromont Parkway	 	Charlotte	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	741
	 	4	 	R-741-01	 	4320 New Bern Avenue	 	Raleigh	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	744
	 	4	 	R-744-01	 	3501 Business Center Drive	 	Chesapeake	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	747
	 	5	 	R-747-01	 	1326 S. Bishop Avenue	 	Rolla	 	MO
	 
	 	 	 	 	 	 	 	 	 	 
	749
	 	2	 	R-749-01	 	3925 N. Cage Boulevard	 	Pharr	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	750
	 	2	 	R-750-01	 	1200 West Business 77	 	San Benito	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	751
	 	2	 	R-751-02	 	15210 FM 529 at Highway 6	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	752
	 	7	 	R-752-02	 	4225 College Street	 	Beaumont	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	754
	 	2	 	R-754-02	 	17700 Highway 3	 	Webster	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	755
	 	2	 	R-755-02	 	4900 E. Loop 820 South	 	Ft. Worth	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	756
	 	2	 	R-756-03	 	2727 Avenue K	 	Plano	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	757
	 	2	 	R-757-02	 	20202 Park Row	 	Katy	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	759
	 	7	 	R-759-01	 	824 S. Hwy 35 Bypass	 	Port Lavaca	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	770
	 	2	 	R-770-02	 	8200 East Freeway	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	800
	 	7	 	R-800-01	 	2500 W. Airline Highway	 	LaPlace	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	804
	 	7	 	R-991-02	 	8122 E. Paradise - Storage facility for Scottsdale	 	 	 	 
	 
	 	 	 	 	 	corporate	 	Scottsdale	 	AZ
	 
	 	 	 	 	 	 	 	 	 	 
	804
	 	7	 	R-804-02	 	2011 Highway 288	 	Freeport	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	804
	 	7	 	R-804-03	 	2011 Highway 288	 	Freeport	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	808
	 	7	 	R-808-02	 	1635 Industrial PK Drive	 	Nederland	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	815
	 	7	 	R-815-02	 	4002 Texas Avenue	 	Texas City	 	TX

56

 

Schedule 5.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State
	822
	 	8	 	R-822-01	 	5121 Maryland Way	 	Brentwood	 	TN
	 
	 	 	 	 	 	 	 	 	 	 
	824
	 	7	 	R-824-01	 	Highway 225 - Gate 19 - On-site facility at Shell	 	Deer Park	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	825
	 	7	 	R-825-03	 	8807 & 8787 Highway 225	 	LaPorte	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	828
	 	7	 	R-828-01	 	Hwy. 61 - Gate 44 - On-site facility at Shell	 	Norco	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	829
	 	7	 	R-829-01	 	602 Copper Road - On-site facility at BASF	 	Freeport	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	832
	 	7	 	R-832-01	 	Bufford St. Gate - On-site facility at Mobile	 	Beaumont	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	834
	 	7	 	R-834-01	 	P.O. Box 651 - On-site facility at Rohm & Haas	 	Deer Park	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	836
	 	7	 	R-836-01	 	8404 River Road - On-site - No Lease Agreement	 	Geismar	 	LA
	 
	 	 	 	 	 	 	 	 	 	 
	973
	 	4	 	R-973-00	 	500-C Clanton Rd	 	Charlotte	 	NC
	 
	 	 	 	 	 	 	 	 	 	 
	976
	 	5	 	R-976-01	 	3200 Harvor Lane	 	Plymouth	 	MN
	 
	 	 	 	 	 	 	 	 	 	 
	981
	 	2	 	R-981-04	 	16225 Park Ten Place - 200	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	981
	 	2	 	R-981-10	 	16225 Park Ten Place-110	 	Houston	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	983
	 	2	 	R-983-02	 	20150 Park Row, Unit #186 - Storage facility for	 	 	 	 
	 
	 	 	 	 	 	corporate office	 	Katy	 	TX
	 
	 	 	 	 	 	 	 	 	 	 
	TBD
	 	1	 	TBD	 	W. Clearwater Avenue	 	Kennewick	 	WA
	 
	 	 	 	 	 	 	 	 	 	 
	TBD
	 	4	 	TBD	 	43461 Old Ox Road	 	Sterling	 	VA
	 
	 	 	 	 	 	 	 	 	 	 
	TBD
	 	1	 	TBD	 	Cabazon Avenue	 	Indio	 	CA
	 
	 	 	 	 	 	 	 	 	 	 
	386
	 	4	 	TBD	 	100 Liberty Lane	 	Chalfont	 	PA
	 
	 	 	 	 	 	 	 	 	 	 
	TBD
	 	9	 	TBD	 	5888 Shawson Drive - lease out for signature	 	Mississauga	 	ON
	 
	 	 	 	 	 	 	 	 	 	 
	TBD
	 	7	 	TBD	 	6311 Harborside Drive - lease out for signature	 	Galveston	 	TX

57

 

Schedule 5.9

to Credit Agreement

Schedule 5.9: Intellectual Property Claims

	 	A.	 	Certain agreements with third parties require the consent of the other
party to a change of ownership. In addition, unless RSC obtains a waiver,
its development license agreement with Wynne Systems, Inc. to implement
proprietary changes to our enterprise resource management software system
can be terminated on six month’s notice as a result of the change in
ownership. If RSC fails to obtain any required consent or waiver, the
applicable third parties, including Wynne Systems, Inc. could seek to
terminate their agreements with RSC, and, as a result, RSC’s ability to
conduct its business could be impaired until RSC is able to enter into
replacement agreements, which could result in a Material Adverse Effect on
RSC’s results of operations or financial condition; provided, for the
avoidance of doubt, that as of the Closing Date RSC believes no claim
arising from failure to obtain such a consent or waiver from Wynn Systems,
Inc. (i) has been filed or (ii) would result in a Material Adverse Effect.

58

 

Schedule 5.16

to Credit Agreement

Schedule 5.16: Subsidiaries

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Subsidiary’s	 	 	 	#of	 	Total	 	 	 	 
	 	 	Jurisdiction	 	Direct Equity	 	Shares	 	Shares	 	Ownership	 	Pledged
	Subsidiary	 	of Formation	 	Holder	 	Owned	 	Outstanding	 	Interest	 	(Y/N)
	RSC Holdings III, LLC

	 	Delaware
	 	RSC Holdings II, LLC
	 	 	N/A	 	 	 	N/A	 	 	 	100	%	 	Y
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	Arizona
	 	RSC Holdings III, LLC
	 	 	1000	 	 	 	1000	 	 	 	100	%	 	Y
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation of Canada Ltd.

	 	Alberta,

Canada
	 	Rental Service

Corporation
	 	 	1100	 	 	 	1100	 	 	 	100	%	 	Y.

59

 

Schedule 5.18

to Credit Agreement

Schedule 5.18: Environmental Matters

	1.	 	Long Beach, California: possible release from underground storage tank.
	 
	2.	 	Los Angeles, California: possible release from underground storage tank.
	 
	3.	 	1113 Sheppard Access Road, Wichita Falls, Texas:
	 
	 	 	Hydrocarbon impact resulted from an underground storage tank and previous
petroleum refining activities on site. The site has extensive near surface
tar contamination from former refining activities. There is also evidence
of a petroleum release from the tanks but the petroleum products have
commingled.
	 
	 	 	The RSC property in Wichita Falls, Texas became affected from historical
oil refinery releases from possibly as early as 1921. The RSC property is a
small parcel of a former refinery property that operated from 1921 until
1928. The property contains two formerly separate tracks of property. Track
1 contains the western portion of the property and is 2.79 acres, and Track
2 contains the eastern portion of the property and is 1.33 acres. Other
oilfield service operations were listed as owners of tracts of the property
up until 1961. The release was first observed by on-site personnel in 1989.
Various assessments of the property have been conducted at the site from
1989 to present, indicating impacts to surface soil, subsurface soil and
groundwater. Surface soil, subsurface soil, and groundwater may be affected
beyond the subject property boundary. The COCs suspected to be present on
the adjacent properties did not result from activity at RSC property;
rather they appear to be present due to the historic refinery operations
and subsequent operations on the adjacent properties. Groundwater is
present under confined conditions at a depth of approximately 10-15 feet
below ground surface. Other than manual recovery of Light Non-Aqueous Phase
Liquid (LNAPL) present in monitor wells, no response action has taken place
to date.
	 
	 	 	Concentrations of metals, volatile organic compounds (VOCs), polycyclic
aromatic hydrocarbons (PAHs), and total petroleum hydrocarbons (TPH) are
present in surface soil and subsurface soil above Protective Concentrations
Levels (PCLs) established by the Texas Risk Reduction Program (TRRP).
Concentrations of metals, VOCs, and PAHs are present in groundwater above
PCLs. The PCL Exceedance zones for each media generally cover the entire
site. A remedy is required for surface soil and groundwater. Black vitreous
material and/or black staining is present in surface soil generally from 0
to 2 feet bgs across the site. PAH concentrations are above direct contact
(TotSoilComb) PCLs in surface soils. LNAPL is present in pore spaces in
subsurface soil. All monitor wells at the site contain COCs above PCLs

60

 

 Schedule 5.18

to Credit Agreement

	 	 	To address the surface soil impact, the detailed estimate includes removal
of PAH-affected soil. RSC is also examining a capping or paving alternative
to isolate these impacted soils from direct contact. The site is being
addressed under the Texas Commission on Environmental Quality’s (TCEQ’s)
Corrective Action Section. RSC negotiated appropriate investigation and
response actions with TCEQ. This included a series of groundwater wells
located on the edge of the property, a well down gradient and a well up
gradient. The groundwater wells were installed indicating no up gradient
source of groundwater contamination and no migration of the plume down
gradient as well. In response to TCEQ, RSC is currently seeking further
access to additional offsite locations to complete the site investigation.
	 
	 	 	RSC is also investigating alternative solutions for addressing the
potential contamination including:

	 	a.	 	Seeking reclassification the property under U.S. EPA Brownfield
Program;
	 
	 	b.	 	Requesting deed restrictions from TECQ to limit possible future
use to non-residential light industrial/industrial only
classification;
	 
	 	c.	 	Identifying other PRP’s that may be enjoined to assist in any
required remediation.

61

 

Schedule 5.24

to Credit Agreement

Schedule 5.24: Insurance 

	 	 	 	 	 	 	 	 	 	 	 
	Line of Coverage	 	Policy Number	 	Carrier	 	Effective Date	 	Limits	 	Deductible
	Boiler and Machinery
	 	BM-21-7615A059-TIL-06	 	Travelers	 	6/1/2006-6/1/2007	 	$50,000,000 pd/bi BHMT	 	$5,000
	 
	 	 	 	Property	 	 	 	& Drilling Solutions	 	 
	 
	 	 	 	 	 	 	 	$25,000,000 pd/bi RSC	 	 
	 
	 	 	 	 	 	 	 	$100,000,000 pd - all	 	 
	 
	 	 	 	 	 	 	 	others,	 	 
	 
	 	 	 	 	 	 	 	$100,000 bi - all others	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC7-631-004250-036	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	ELl-631-004250-266	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA7-63D-004250-016	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-026	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	$2,000,000	 	$1,500,000 (per accident)
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA7-63D-004250-186	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	RSC is the Insured	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-166	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	$2,000,000	 	$1,500,000 (per accident)
	 
	 	RSC is the Insured	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC7-631-004250-196	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Property
	 	YU2-631-004250-115	 	Liberty Mutual	 	6/1/2005-6/1/2006	 	$125,000,000	 	$13,705
	 
	 	 	 	 	 	 	 	 	 	 
	Boiler & Machinery
	 	BM-21-7615A059-TIL-05	 	Travelers	 	6/1/2005-6/1/2006	 	$50,000,000 pd/bi BHMT	 	$5,000
	 
	 	 	 	 	 	 	 	& Drilling Solutions	 	 
	 
	 	 	 	 	 	 	 	$25,000,000 pd/bi	 	 
	 
	 	 	 	 	 	 	 	RSC $100,000,000	 	 
	 
	 	 	 	 	 	 	 	pd-all others,	 	 
	 
	 	 	 	 	 	 	 	$100,000 bi - all others	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-025	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	$2,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC7-631-004250-195	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA7-63D-004250-185	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA7-63D-004250-015	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 

62

 

Schedule 5.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Line of Coverage	 	Policy Number	 	Carrier	 	Effective Date	 	Limits	 	Deductible
	Workers Compensation
	 	WC7-631-004250-035	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-165	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	$2,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Property
	 	MCC-631-004250-114	 	Employers Ins.	 	5/1/2004-5/1/2005	 	$125,000,000	 	$13,705
	 
	 	 	 	Co. of Wausau	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Boiler & Machinery
	 	BM-21-7615A059-TIL-04	 	Travelers	 	5/1/2004-5/1/2005	 	$100,000,000 pd/bi METCO	 	$10,000
	 
	 	 	 	 	 	 	 	$25,000,000 pd/bi RSC	 	 
	 
	 	 	 	 	 	 	 	$50,000,000 pd/bi BHMT &	 	 
	 
	 	 	 	 	 	 	 	DS $100,000,000 pd - all	 	 
	 
	 	 	 	 	 	 	 	others,	 	 
	 
	 	 	 	 	 	 	 	$100,000 bi - all others	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-164	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	$5,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA7-63D-004250-014	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA7-63D-004250-184	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	Statutory & $1,000,000/	 	$500,000
	& Employers Liability
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-024	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	$2,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Mexican Automobile
	 	THA14145	 	Seguros	 	5/1/2004-5/1/2005	 	$25,000/$10,000/ $10,000	 	Coll. 2% or min $200;
	 
	 	 	 	Comercial	 	 	 	 	 	comp -4% or min $400
	 
	 	 	 	America	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Boiler & Machinery
	 	BM-21-7615A053-TIL-03	 	The Travelers	 	6/1/2003-6/1/2004	 	$100,000,000 pd/bi METCO	 	$10,000
	 
	 	 	 	Indemnity CoofIL	 	 	 	$25,000,000 pd/bi	 	 
	 
	 	 	 	 	 	 	 	RSC	 	 
	 
	 	 	 	 	 	 	 	$50,000,000 pd/bi BHMT	 	 
	 
	 	 	 	 	 	 	 	&DS	 	 
	 
	 	 	 	 	 	 	 	$100,000,000 pd-all	 	 
	 
	 	 	 	 	 	 	 	others,	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Property
	 	MCC-631-004250-113	 	Employers Ins.	 	6/1/2003-6/1/2004	 	$125,000,000	 	$12,500
	 
	 	 	 	Co. of Wausau	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	General Liability
	 	EB1-631-004250-213	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$1,000,000 per occ.	 	$1,000,000
	 
	 	 	 	 	 	 	 	$2,000,000 agg	 	 
	 
	 	 	 	 	 	 	 	$1,000,000 SIR	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-163	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-163	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$5,000,000	 	$2,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Excess Liability
	 	QI09000657	 	St. Paul	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.	 	Excess of $75 million
	 
	 	 	 	 	 	 	 	$25,000,000 agg	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-00250-173	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$5,000,000	 	$2,000,000

63

 

Schedule 5.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Line of Coverage	 	Policy Number	 	Carrier	 	Effective Date	 	Limits	 	Deductible
	Excess Liability
	 	XCP G21741838	 	ACE American	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.	 	Excess of $50 million
	 
	 	 	 	 	 	 	 	$25,000,000 agg	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Excess Liability
	 	AEC 9373737 00	 	American	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.	 	Excess of $25 milion
	 
	 	 	 	Guarantee &	 	 	 	$25,000,000 agg	 	 
	 
	 	 	 	Liability	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-093	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$2,000,000	 	$2,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA2-63D-004250-183	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-033	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-023	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$2,000,000	 	$2,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA2-63D-004250-013	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Mexican Auto
	 	THA06494	 	Seguros	 	5/1/2003-5/1/2004	 	$25,000/$80,000/ $10,000	 	Coll. 2% or min $200;
	 
	 	 	 	Comercial	 	 	 	 	 	comp-4% or min $400
	 
	 	 	 	America	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Commercial Umbrella
	 	BE2860190	 	National Union	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.	 	$10,000
	 
	 	 	 	Fire Ins. Co	 	 	 	$25,000,000 agg	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA2-63D-004250-012	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-032	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-092	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	$1,000,000	 	$150,000
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-022	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	$1,000,000	 	$150,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-032	 	Liberty	 	5/1/2001-5/1/2002	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-031	 	Liberty Mutual	 	5/1/2001-5/1/2002	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/ $1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-091	 	Liberty Mutual	 	5/1/2001-5/1/2002	 	$1,000,000	 	$150,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-021	 	Liberty Mutual	 	5/1/2001-5/1/2002	 	$1,000,000	 	$150,000

64

 

Schedule 5.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	1st	 	 	 	 	 	 	 	 	 	 	 
	 	 	Named	 	 	 	Insurance	 	 	 	 	 	 	 
	Policy #	 	Insured	 	Expiration	 	Program	 	Carrier	 	Limits	 	Deductible	 
	GL5908357RA
	 	Acme Holdings Inc.	 	7/1/1996	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	$2Mxs $50K SIR	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	EAP14207766 (NP)
	 	Rental Services Corp.	 	10/5/1993	 	RSC	 	VALIANT INSURANCE COMPANY	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	602NB1278 (NP)
	 	Rental Services Corp.	 	10/5/1993	 	RSC	 	ST. PAUL FIRE & MARINE INS CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	502XA2633 (NP)
	 	Rental Services Corp.	 	10/5/1993	 	RSC	 	ST. PAUL FIRE & MARINE INS CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05502119 (NP)
	 	Rental Services Corp.	 	12/2/1993	 	RSC	 	ST. PAUL FIRE & MARINE INS CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05502301 (NP)
	 	Rental Services Corp.	 	2/1/1994	 	RSC	 	ST. PAUL FIRE & MARINE INS CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05502787 (NP)
	 	Rental Services Corp.	 	10/5/1994	 	RSC	 	ST. PAUL FIRE & MARINE INS CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05503020 (NP)
	 	Rental Services Corp.	 	6/1/1994	 	RSC	 	ST. PAUL INSURANCE COMPANY, THE	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05503706 (NP)
	 	Rental Services Corp.	 	6/1/1995	 	RSC	 	ST. PAUL INSURANCE COMPANY, THE	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	86XN25150909 (NP)
	 	Rental Services Corp.	 	7/1/1997	 	RSC	 	TRAVELERS INSURANCE CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BE932-46-12 (NP)
	 	Rental Services Corp.	 	7/1/1997	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	GL590-83-85 (NP)
	 	Rental Services Corp.	 	7/1/1997	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BE932-82-33 (NP)
	 	Rental Services Corp.	 	1/31/1998	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7FSJEX271T402 (NP)
	 	Rental Services Corp.	 	11/31/1998	 	RSC	 	TRAVELERS INSURANCE CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7976-41-68 (NP)
	 	Rental Services Corp.	 	1/31/1998	 	RSC	 	CHUBB GROUP	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	GL1465570RA
	 	Rental Services Corp.	 	11/31/1998	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	$2Mxs $50K SIR	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 

65

 

Schedule 5.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	1st	 	 	 	 	 	 	 	 	 	 	 
	 	 	Named	 	 	 	Insurance	 	 	 	 	 	 	 
	Policy #	 	Insured	 	Expiration	 	Program	 	Carrier	 	Limits	 	Deductible	 
	BE3572687
	 	Rental Services Corp.	 	2/11/999	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	$25M xs $2Mxs	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	$50K SIR	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	GA6087168
	 	Rental Services Corp.	 	2/1/1999	 	RSC	 	GULF INSURANCE CO	 	$25M xs $25M	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	xs primary	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	79719400CAS
	 	Rental Services Corp.	 	2/1/1999	 	RSC	 	CHUBB GROUP	 	$50M xs $50M	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	xs primary	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	GL1466048RA
	 	Rental Services Corp.	 	2/1/1999	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	$2Mxs $50K SIR	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RGMLA 2505672 (NP)
	 	Rental Services Corp.	 	2/1/1999	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RMGLA2506735 (NP)
	 	Rental Services Corp.	 	2/1/2000	 	RSC	 	AMERICAN HOME ASSURANCE CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BE3577613
	 	Rental Services Corp,	 	2/1/2000	 	RSC	 	NATIONAL UNION FIRE INS CO OF	 	$50M xs $2Mxs	 	 	N/A	 
	 
	 	 	 	 	 	 	 	PITTSBURGH	 	$150K SIR	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	79719400 (NP)
	 	Rental Services Corp.	 	2/1/2000	 	RSC	 	CHUBB GROUP	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0030 (NP)
	 	Rental Services Corp.	 	5/1/2000	 	RSC	 	Industria Insurance Company	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	Ltd.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0030 (NP)
	 	Rental Services Corp.	 	5/1/2001	 	RSC	 	Industria Insurance Company	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	Ltd.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	PLS2671978 (NP)
	 	Rental Services Corp.	 	8/1/2001	 	RSC	 	AMERICAN INTERNATIONAL	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	SPECIALTY LINES INS CO	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0030 (NP)
	 	Rental Services Corp.	 	5/1/2002	 	RSC	 	Industria Insurance Company	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	Ltd.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	PLS267178 (NP)
	 	Rental Services Corp.	 	2/1/2001	 	RSC	 	AMERICAN INTERNATIONAL	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	SPECIALTY LINES INS CO	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0031 (NP)
	 	Rental Services Corp.	 	5/1/2003	 	RSC	 	Industria Insurance Company	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	Ltd.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	KE1631004250223 (NP)
	 	Rental Services Corp.	 	5/1/2004	 	RSC	 	LIBERTY MUTUAL INSURANCE CO	 	N/A	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	EBI-631-004250-213

(NP)
	 	Rental Services Corp.	 	5/1/2004	 	RSC	 	LIBERTY MUTUAL INSURANCE CO	 	N/A	 	 	N/A	 
	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

66

 

 Schedule 5.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	1st	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Named	 	 	 	 	 	Insurance	 	 	 	 	 	 
	Policy #	 	Insured	 	Expiration	 	Program	 	Carrier	 	Limits	 	Deductible
	BE2860190 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	NATIONAL UNION FIRE INS CO OF

PITTSBURGH
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	ACEC9373737-00 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ZURICH AMERICAN INS. CO.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	5376693 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	STARR EXCESS LIABILITY INS

INTERNATIONAL LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	01090000657 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ST. PAUL INSURANCE COMPANY, THE
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	XCPG21741838 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ACE AMERICAN INSURANCE CO.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	01744ACE (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ACE BERMUDA INSURANCE LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	STPBPD145SEU03 (NP)

	 	Rental Services Corp,
	 	 	5/1/2004	 	 	RSC
	 	ST. PAUL (BERMUDA) LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	HIP0200228 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	Hanseatic Insurance Company
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RG2-631-004250-203

(NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	LIBERTY MUTUAL INSURANCE CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	ACEC9373737-00 (NP)

	 	Rental Services Corp.
	 	 	5/1/2005	 	 	RSC
	 	ZURICH AMERICAN INS. CO.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	XCPG21741838 (NP)

	 	Rental Services Corp.
	 	 	5/1/2005	 	 	RSC
	 	ACE EUROPEAN MARKETS INS LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	GL4570484RA

	 	Rental Services Corp.
	 	 	2/1/2000	 	 	RSC
	 	NATIONAL UNION FIRE INS CO OF

PITTSBURGH
	 	$2M xs $150K

SIR
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	EPA14207766 (NP)

	 	Walker Jones Equipme
	 	 	811711992	 	 	RSC
	 	VALIANT INSURANCE COMPANY
	 	$2 mm aggl$lmm
“each event
(per
occurrence)
limit”
Assumed
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05501992

	 	Walker Jones Equipme
	 	 	10/5/1993	 	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	$2mm aggl$1mm
“each event
(per
occurrence)
limit”
	 	N/A

67

 

 Schedule 6.1(e)

to Credit Agreement

Schedule 6.1(e): Closing Date Adjustments to EBITDA

None.

68

 

Schedule 6.1(g)

to Credit Agreement

Schedule 6.1(g): Lien Searches

I.  List of all UCC and other filed security interests in the assets of Rental
Service Corporation:

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Fleet Leasing
Corporation
	 	11/20/2000 —
01146941
	 	Specified equipment. (Lease number 14—1597102-000)
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Citicorp Del Lease, Inc.
	 	11/20/2000 —
01147412

Continuation:
06/02/2006 —
01147412
	 	All of Debtor’s/Seller’s right, title and
interest in, to and under each Retail Agreement
sold from time to time to Secured Party/Buyer
and all income and proceeds thereof and all
property of whatever kind or nature which
secures such Retail Agreement and all interests
of Debtor/Seller therein.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Fleet Capital Leasing
— Technology Finance
	 	01/19/2001 —
01157170
	 	Specified equipment. (Lease number 14 — 1594059—000)
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Fleet Capital Leasing
— Technology Finance
	 	01/19/2001 —
01157171
	 	Specified equipment. (Lease number 14 — 1594059—000)
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	02/16/2001 —
01160126
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.

69

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	02/16/2001 —
01160127
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	02/16/2001 —
01160128
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	IBM Credit
Corporation
	 	03/01/2001 —
01162516 

Terminated:
	 	All computer, information processing, and other
peripheral equipment and goods wherever located
(including additions, accessions, upgrades, and
replacements)

70

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	 	 	10/10/2006 —
01162516
	 	referenced on IBM Supplement #907540 dated
12/18/2000.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163624
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163625
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163626
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.

71

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163627
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/06/2001 —
01163881
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/06/2001 —
01163882
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.

72

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service

	 	10/23/2006 — AZ
	 	John Deere
	 	07/13/2001 —
	 	As Amended (04/03/2006):
	Corporation

	 	Secretary of State
	 	Construction
Equipment Co. or
Deere Credit, Inc.

As Amended

(04/04/2006):

Deere & Company,
Deere Credit, Inc.
and/or John Deere
Construction &
Forestry Company
	 	200111825399

Continuation:
04/03/2006 —
200111825399

Amendment:
04/03/2006 —
200111825399

Amendment:
04/04/2006 —
200111825399
	 	All of debtor’s present and future goods, including
equipment and inventory, financed or leased by
secured party, together with (1) all attachments,
accessories, components, repairs and improvements,
(2) all accounts, general intangibles, contract
rights and chattel paper relating thereto, and (3)
all proceeds, including, without limitation,
insurance, sale, lease and rental proceeds, and
proceeds of proceeds.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	JCB Inc.
	 	10/04/2001 —
200111914933 

Continuation:
04/12/2006 —
200111914933
	 	All inventory consisting of new and used equipment,
machines, products, attachments and parts
manufactured or sold by JCB or carrying the JCB name
or identification mark now or hereafter acquired by
the Debtor from JCB and with respect to which the
purchase price, finance charges or any related sums
shall not have been paid in cash (including all
accessions, replacements, additions and substitutions
thereto); all leases, other

73

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	 	 	 	 	chattel paper, accounts, contract rights, general
intangibles, rentals, and other income related
thereto and arising therefrom.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Dell Financial
Services, L.P.
	 	10/24/2001 —
200111941856

	 	All computer equipment and peripherals (collectively
“Equipment”) wherever located heretofore or hereafter
leased to Lessee by Lessor.
	 

	 	 	 	 	 	Continuation:	 	 
	 

	 	 	 	 	 	09/29/2006 —
200111941856	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Young Electric Sign
Company
	 	01/15/2002 —
200212021415
	 	Manufactured signs and accompanying equipment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Termination:	 	 
	 

	 	 	 	 	 	02/07/2003 —
200212021415	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Allmand Bros., Inc.
	 	01/25/2002 —
200212040656
	 	All unpaid inventory and equipment manufactured by
secured party and/or bearing any trademark or trade
name of Allmand Bros., Inc. and financed by secured
party and which remains unpaid, and all accounts,
contract rights, chattel paper, documents, general
intangibles and instruments arising from such
inventories and equipment; whether now or after
acquired.

74

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Citicorp Del Lease,
Inc.
	 	01/30/2002 —
200212043626
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Citicorp Del Lease,
Inc.
	 	01/30/2002 —
200212043739
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Deere Credit, Inc.
	 	03/01/2002 —
200212076465 

Termination
(filed Twice):
	 	Inventory of Debtor financed or leased by Secured
Party and its assigns now owned or existing, or
hereafter arising or acquired by Debtor.
	 

	 	 	 	 	 	06/23/2006 —
200212076465	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	06/26/2006 —
200212076465	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	John Deere
Construction and
Forestry Company
	 	03/01/2002 —
200212076501
	 	Inventory of Debtor financed or leased by Secured
Party and its assigns now owned or existing, or
hereafter arising or acquired by Debtor.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	E-Z- O Division of
Textron
	 	11/25/2002 —
200212423400
	 	All personal property including equipment and
inventory, wherever located, now or hereafter
acquired, manufactured or

75

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	As Amended
(3/17/2003):

Textron Financial
Corporation
	 	Amendment:
03/17/2003 —
200212423400
	 	distributed by Textron Golf, Turf & Specialty
Products, a division of Textron, Inc., all present
and future attachments accessories, replacements,
substitutes and all changes thereto and the proceeds
of the foregoing.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Howell Tractor &
Equipment Co.
	 	01/09/2003 —
200312463886
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Termination:	 	 
	 

	 	 	 	 	 	02/03/2003 —
200312463886	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Information Leasing
Corporation
	 	02/06/2003 —
200312499173
	 	Specified equipment (pursuant to Lease
No.: 395140002).
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Inter- Tel Leasing
Inc.
	 	03/11/2003 —
200312535612
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This filing is not a security transaction and is only
intended to make the Rental a matter of public
record.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Jim Kidwell
Refrigeration Inc.
	 	06/11/2003 —
200312653739
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
	 	Bay4 Capital, LLC
	 	10/17/2003 —
	 	Specified equipment.

76

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	Secretary of State
	 	Assigned To
(01/13/2004):
Skandinaviska
	 	200312836525
 

Assignment:
	 	Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 

	 	 	 	Enskilda Banken
	 	01/13/2004 —
200312836525	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska Enskilda
Banken
	 	10/17/2003 —
200312836536
	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	Assignor Secured Party:
Bay4 Capital, LLC
	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service

	 	10/23/2006 — AZ
	 	Bay4 Capital, LLC
	 	11/13/2003 —
	 	Specified equipment.
	Corporation

	 	Secretary of State
	 	
Assigned To
(01/13/2004):
Skandinaviska
Enskilda Banken
	 	200312851728 

Assignment:
01/13/2004 —
200312851728
	 	
Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ

Secretary of State
	 	Bay4 Capital, LLC

Assigned To
(07/06/2004):
Skandinaviska
Enskilda Banken
	 	01/21/2004 —
200412955496

Assignment:
07/06/2004 —
200412955496
	 	Specified equipment.  

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.

77

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska Enskilda
Banken

Assignor Secured Party:
Bay4 Capital, LLC
	 	01/29/2004 —
200412973501
	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska Enskilda
Banken 

Assignor Secured Party:
Bay4 Capital, LLC
	 	03/15/2004 —
200413051859
	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Thompson Tractor Co.,
Inc.
	 	03/29/2004 —
200413054852
	 	Specified equipment and proceeds
thereof.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Stovall & Co., Inc.

Additional Secured
Party: A.M.E.D.
	 	03/19/2004 —
200413151236
	 	All inventory and the proceeds therefrom,
manufactured by Brown, Broilmaster, Interlube,
Western Mfg., Handy Industries, Ground — Hog,
Ransomes, Cushman, Ryan, Velke, Trucut, Trenchmaster,
GrassGobbler, Hoffco, Maxim, Encore, and any/all
Jacobsen Products, or other products, now owned or
hereafter acquired from Stovall & Co., d/b/a A.M.E.D.

78

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Bay4 Capital, LLC

Partially Assigned To
(08/20/2004):
Skandinaviska
	 	06/23/2004 —
200413205913

Partial
Assignment:
	 	All present and future Goods, wherever located,
leased by Bay4 Capital to Atlas Copco North America
Inc. and any Additonal Customers pursuant to the
Master Lease Agreement No. 00228 dated July 16, 2003.  
	 

	 	 	 	
Enskilda Banken
	 	08/20/2004 —
200413205913
	 	Filing is for informational purposes only.

As Described In The Partial Assignment (08/20/2004):

Partial Assignment with regard to all of the
equipment and personal property under Lease Schedule
No. 10 to the Master Lease Agreement No. 00228.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	FNF Capital, Inc.
	 	01/18/2005 —
200513503494
	 	Any and all equipment now or hereafter the subject
of any lease agreement or lease schedule by and
between the parties.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Filing is only intended to make the true lease a
matter of public record.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	LES Schwab Warehouse
Center, Inc.
	 	03/01/2005 —
200513563509
	 	All present and future products and goods and
proceeds thereof, purchased by Debtor from Secured
Party or any of its affiliated companies.

79

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	FNF Capital, Inc.
	 	03/29/2005 —
200513581589
	 	Equipment pursuant to Lease Agreement No. ATL112204,
Lease Schedule No. 003.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	FNF Capital, Inc.
	 	03/29/2005 —
200513581590
	 	Equipment pursuant to Lease Agreement No. ATL112204,
Lease Schedule No. 002.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Vermeer Sales &
Service
	 	04/26/2005 —
200513626107
	 	Specified machinery and equipment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Termination:	 	 
	 

	 	 	 	 	 	05/13/2005 —
200513626107	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	National City
Commercial Capital
Corporation
	 	05/27/2005 —
200513666832
	 	Specified equipment.
Equipment is owned by the Secured Party and leased to
the debtor under Lease No: 395140002R.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska
Enskilda Banken

Assignor Secured
Party: Bay4 Capital,
LLC
	 	09/23/2005 —
200513813182
	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
	 	Skandinaviska
	 	03/17/2006 —
	 	Specified equipment.

80

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	Secretary of State
	 	Enskilda Banken

Assignor Secured
Party: Bay4 Capital,
LLC
	 	 	200614098930	 	 	Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska
Enskilda Banken

Assignor Secured
Party: Bay4 Capital,
LLC
	 	 	03/17/2006 —
200614098941	 	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	US Bank N.A.

Assignor Secured
Party: Kinetic
Leasing, Inc.
	 	 	05/31/2006 —
200614249659	 	 	Specified equipment pursuant to a Master Lease
Agreement.

Filing is intended to comply with the requirements of
the UCC in the event that it is determined that the
Lease constitutes a security agreement thereunder.
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Bay4 Capital, LLC

Assignor Secured
Party:
Skandinaviska
Enskilda Banken
	 	 	06/28/2006 —
200614284367	 	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.

81

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC — Secured	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	AT&T Capital
Services, Inc.
	 	08/17/2006 —
200614390117
	 	Equipment provided to Lessee under Schedule No.
001 — 4056000 — 001.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Goods described as collateral are subject to a true
lease; filing is a precaution pursuant to UCC section
9 — 505.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Ingersoll — Rand
Company
	 	08/28/2006 —
200614410349
	 	A continuing, purchase money inventory security
interest in and to all equipment purchased by RSC
from Ingersoll- Rand Company and any of its divisions
or subsidiaries to the extent such items of equipment
have not been paid for, whether in the possession of
RSC or rented or leased or otherwise in the hands of
third parties.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Chesapeake
Funding LLC
	 	10/06/2006 —
200614459006
	 	Specified equipment leased pursuant to the Lease
Agreement dated 04/24/2000.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Amendment:
10/25/2006 —
200614459006
	 	Filing is precautionary in connection with a lease.

As Amended: 

Includes additional specified equipment pursuant to
lease.

82

 

Schedule 6.1(g)

to Credit Agreement

II. List of all Tax and Federal Judgment Liens of Rental Service Corporation:

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Alabama*

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Alabama (Middle
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Alabama (Autauga
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Baldwin
County)

	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Calhoun
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Colbert
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Dale
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Elmore
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Etowah
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a

83

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Alabama (Houston
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Jackson
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through 11/1/06)
	 	Clear (10 years through 11/1/06)	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Jefferson
County — Bessemer
Div.)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Jefferson
County
Birmingham Div.)*

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Lee
County)

	 	Clear (10 years through
10/30/06
	 	Clear (10 years through
10/30/06
	 	Clear (10 years through
10/30/06
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Limestone
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Madison
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Marengo
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	1 Judgment Lien —

04/20/98 File No. Book
2-Mech Page 147
	 	n/a

84

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	Verified lien filed by
Auto Beauty Shop of
Alabama, Inc. against a
1998 Ford F Series
owned by Rental Service
Corporation to secure
indebtedness in the
amount of $2,679.31 for
work performed and
materials furnished to
RSC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
11/2/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Alabama (Mobile
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Montgomery
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Morgan County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Shelby
County)

	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Talladega
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Tallapoosa Clear)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

85

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Alabama
(Tuscaloosa
county)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona*

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Arizona
(Cochise County)

	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (5 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Coconino
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Gila
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (5 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Graham
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (5 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Maricopa
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (5 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Mohave
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (5 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Navajo
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (5 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Pima
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (5 years through
10/23/06)
	 	n/a

86

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Arizona (Yavapai
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (5 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Yuma
County)

	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (5 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas*

	 	 	 	Clear (10 years through
11/1/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Arkansas (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Arkansas (Benton
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Craighead
(Eastern
District))

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Craighead
(Western
District))

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Garland County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Jefferson
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

87

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Arkansas
(Mississippi
— Chickasawba
Dist.

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Mississippi
— Osceola District

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Pope County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas (Pulaski
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Sebastian — Fort
Smith District)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Sebastian
— Southern
District)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Union County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	California

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	California

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through
	(Southern
District)

	 	 	 	 	 	 	 	10/25/06)

88

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	California
(Central
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	California
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	California
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	California
(Alameda County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Contra
Costa County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Fresno County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Kern County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Los Angeles
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Orange County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a

89

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	California
(Riverside
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Sacramento
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (San
Diego County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (San
Francisco County)

	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (San
Joaquin County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (Santa
Clara County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Ventura County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado*

	 	 	 	Clear (10 years through
10/19/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Colorado (Adams
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (6 years through
10/30/06)
	 	n/a

90

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Colorado
(Arapahoe County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (6 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Boulder
County)

	 	Clear (10 years through
10/21/06)
	 	Clear (10 years through
10/21/06)
	 	Clear (6 years through
10/21/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Denver
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (6 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Douglas
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (6 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Eagle
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (6 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (El Paso
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (6 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado
(Gunnison County)

	 	Clear (10 years through
10/13/06)
	 	Clear (10 years through
10/13/06)
	 	Clear (6 years through
10/13/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Larimer
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (6 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Mesa
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (6 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado
(Montrose County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (6 years through
10/24/06)
	 	n/a

91

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Colorado (Pueblo
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (6 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Routt
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (6 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Summit
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (6 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Weld
County)

	 	Clear (10 years through
10/8/06)
	 	Clear (10 years through
10/8/06)
	 	Clear (6 years through
10/8/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Delaware*

	 	 	 	Clear (10 years through
10/17/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Delaware (New
Castle County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Delaware (Sussex
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida*

	 	 	 	Clear (10 years through
10/06/06)
	 	Clear (10/1/01 -
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Florida (Middle
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Florida (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Florida (Bay
County)

	 	Clear (20 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a

92

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Florida (Brevard
County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Broward
County)

	 	Clear (20 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Columbia
County)

	 	Clear (20 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Duval
County)

	 	Clear (20 years through
10/12/06)
	 	Clear (10 years through
10/12/06)
	 	Clear (10 years through
10/12/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Escambia
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida
(Hillsborough
County)

	 	Clear (20 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Lake
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Lee
County)

	 	Clear (20 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Leon
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

93

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Florida (Martin
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Okaloosa
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Orange
County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Osceola
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Palm
Beach County)

	 	Clear (20 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Pasco
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Pinellas
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Polk
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Saint
Lucie County)

	 	Clear (20 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	1 Judgment Lien —

File No. 2122175

Small Claims Court,
19th Circuit of St.
Lucie, Florida (02- SC-
002203 — Default Final
Judgment
	 	n/a

Clear (10 years through
10/25/06)

94

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	entered against RSC in
favor of Freightliner
Trucks of S Florida Inc
in the amount of
$3,677.61 plus court
costs.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/25/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Florida (Sarasota
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Seminole
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Volusia
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Georgia
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Georgia (Middle
District)

	 	n/a
	 	n/a
	 	n/a
	 	Adversary Proceedings filed
3/29/00 (terminated 05/24/00)
- Scott Stewart Broxson et al.
v. Rental Service Corp. et al.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint NOS 426
Dischargeability 523

95

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	Ordered and adjudged that the
obligations of the plaintiffs to
the defendant is determined
dischargeable in bankruptcy, that
any judgment entered in favor of
the defendant and against the
plaintiffs is deteremined to have
been in violation of the
automatic stay in bankruptcy
	 
	 	 	 	 	 	 	 	 
	Georgia (Bulloch
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Chatham
County

	 	Clear (7 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Clarke
County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Clayton
County)

	 	Clear (7 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Cobb
County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Coweta
County)

	 	Clear (7 years through
10/15/06)
	 	Clear (10 years through
10/15/06)
	 	Clear (10 years through
10/15/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Dekalb
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a

96

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Georgia
(Dougherty
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Douglas
County)

	 	Clear (7 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Floyd
County)

	 	Clear (7 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Forsyth
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Glynn
County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Gwinnett
County)

	 	Clear (7 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Houston
County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Lowndes
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Muscogee
County)

	 	Clear (7 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Oconee
County)

	 	Clear (7 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a

97

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Georgia (Peach
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Richmond
County)

	 	Clear (7 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia
(Spalding County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Thomas
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Troup
County)

	 	Clear (7 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia
(Whitfield
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa*

	 	 	 	Clear (10 years through
10/19/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Iowa (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Iowa (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Iowa (Black
Hawk County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a

98

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Iowa (Clay
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Clinton
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Des Moines
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Dubuque
County Iowa)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Linn
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Muscatine
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Polk
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Story
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois*

	 	 	 	Clear (10 years through
11/1/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Illinois
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through
10/25/06)

99

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Illinois
(Central
District)

	 	n/a
	 	n/a
	 	n/a
	 	Adversary Proceedings filed
8/13/01 (terminated 10/04/01) -
Jumers Castle Lodge Incorporated
v. Rental Service Corporation.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint NOS 454 Recover
Money/Property Filing Fee.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Defendant did not answer or plead
to the complaint filed by
plaintiff. Judgment is entered as
follows against defendant: 1) the
sum of $4,607.30; 2) post
judgment interest is to accrue on
said award at the rate of 3.44%
per annum.
	 
	 	 	 	 	 	 	 	 
	Illinois (Adams
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Champaign
County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Cook
County)

	 	Clear (20 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (7 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (De Kalb
County)

	 	Clear (20 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (7 years through
11/2/06)
	 	n/a

100

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Illinois (Du Page
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Grundy
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (La
Salle County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Macon
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Madison
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Mclean
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Rock
Island County)

	 	Clear (20 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (7 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Saint
Clair County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Sangamon County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Tazewell County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (7 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	llinois (Will
County)

	 	Clear (20 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (7 years through
10/24/06)
	 	n/a

101

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Illinois
(Winnebago
County)

	 	Clear (20 years through
9/19/06)
	 	Clear (10 years through
9/19/06)
	 	Clear (7 years through
9/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Indiana (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Indiana (Lake
County)

	 	Clear (10 years through
8/31/06)
	 	Clear (10 years through
8/31/06)
	 	Clear (10 years through
8/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana (Marion
County)

	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana
(Vanderburgh
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana (St.
Joseph County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas*

	 	 	 	Clear (10 years through
10/30/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Kansas (Douglas
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Ellis
County)

	 	Clear (7 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (7 years through
11/1/06)
	 	n/a

102

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Kansas (Ford
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Johnson
County)

	 	Clear (7 years through
10/29/06)
	 	Clear (10 years through
10/29/06)
	 	Clear (7 years through
10/29/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas
(Pottawatomie
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Riley
County)

	 	Clear (7 years through
11/02/06)
	 	Clear (10 years through
11/02/06)
	 	Clear (7 years through
11/02/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Saline
County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Sedgwick
County)

	 	Clear (7 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (7 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Seward
County)

	 	Clear (7 years through
11/06/06)
	 	Clear (10 years through
11/06/06)
	 	Clear (7 years through
11/06/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Kentucky (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Kentucky (Boyle
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (15 years through
10/31/06)
	 	n/a

103

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Kentucky (Fayette
County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (15 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Hardin
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (15 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky
(Jefferson
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (15 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Knox
County)

	 	Clear (10 years through
11/6/06)
	 	Clear (10 years through
11/6/06)
	 	Clear (15 years through
11/6/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky
(Madison County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (15 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Marion
County)

	 	Clear (10 years through
10/29/06)
	 	Clear (10 years through
10/29/06)
	 	Clear (15 years through
10/29/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky
(Mccracken
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (15 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Warren
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (15 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Whitley
County)

	 	Clear (10 years through
11/6/06)
	 	Clear (10 years through
11/6/06)
	 	Clear (15 years through
11/6/06)
	 	n/a

104

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Louisiana
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Middle District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Ascension
Parish)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Caddo Parish)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Calcasieu
Parish)

	 	1 State Tax Lien —

File No. 2558377

	 	Clear (10 years through
10/20/06)
	 	1 Judgment Lien —

File No. 2778375
	 	n/a
	 

	 	Tax Assessment and Lien
for RSC USA, Inc. in
the amount of $2,497.10
including interest and
penalties computed as
of 9/28/02.

(10 years through
10/20/06)
	 	 	 	Judgment against RSC
(one of many
defendants) in favor of
individual plaintiff
(Tawana Provost) in the
amount of $5,325.80.
excluding interest,
cost, and fees. Another
judgment in same matter
does not apply to RSC.

(10 years through
10/20/06)	 	 

105

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Louisiana (East
Baton Rouge
Parish)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Iberville
Parish)

	 	Clear (10 years through
11/02/06)
	 	Clear (10 years through
11/02/06)
	 	Clear (10 years through
11/02/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Jefferson
Parish)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Lafayette
Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Orleans Parish)

	 	Clear (10 years through
7/25/06)
	 	Clear (10 years through
7/25/06)
	 	Clear (10 years through
7/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Rapides Parish)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (Saint
Bernard Parish)

	 	Clear (10 years through
9/16/06)
	 	Clear (10 years through
9/16/06)
	 	Clear (10 years through
9/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (Saint
Charles Parish)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (Saint
Tammany Parish)

	 	Clear (10 years through
09/19/06)
	 	Clear (10 years through
09/19/06)
	 	Clear (10 years through
09/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (St.
John The Baptist
Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a

106

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Louisiana
(Terrebonne
Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Vernon Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Maryland
(Baltimore City)

	 	Clear (12 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (12 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Baltimore
County)

	 	Clear (12 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (12 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Frederick
County)

	 	Clear (12 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (12 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Harford County)

	 	Clear (12 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (12 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland (Prince
Georges County)

	 	Clear (12 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (12 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Washington
County)

	 	Clear (12 years through
11/01/06)
	 	Clear (10 years through
11/01/06)
	 	Clear (12 years through
11/01/06)
	 	n/a

107

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Michigan

	 	Clear (7 years through
10/29/06)
	 	Clear (10 years through
10/29/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Michigan (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Michigan (Kent
County)

	 	Clear (7 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Minnesota (Anoka
County)

	 	Clear (10 years through
9/27/06)
	 	Clear (10 years through
9/27/06)
	 	Clear (10 years through
9/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota (Benton
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota (Dakota
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Hennepin County)

	 	Clear (10 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Olmsted County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Ramsey County)

	 	Clear (10 years through
8/20/06)
	 	Clear (10 years through
8/20/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota (Saint
Louis County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a

108

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Minnesota
(Sherburne
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Stearns County)

	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Washington
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi*

	 	 	 	Clear (10 years through
10/24/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Mississippi (De
Soto County)

	 	Clear (7 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (7 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Forrest County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Grenada County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Harrison 1st
District)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a

109

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Mississippi
(Harrison 2nd
District)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Hinds
(1st District))

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Hinds (2nd
District))

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Jackson County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lamar County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lauderdale
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lee County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lowndes County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Madison County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a

110

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Mississippi
(Oktibbeha
County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Rankin County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Warren County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Missouri
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Missouri (Adair
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Boone
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Buchanan County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Camden
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a

111

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Missouri (Cape
Girardeau County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Cass County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Clay County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Christian
County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Greene County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Jackson County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Jasper County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Johnson County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Miller County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Newton County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a

112

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Missouri (Phelps
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Platte
County)*

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	1 Judgment Lien -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	File No. 02CV82491	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Judgment entered
against RSC on 7/19/02
in favor of
Williamsburg Plaza
Partners in the amount
of $3,157.20. Date of
satisfaction of said
judgment is not on
file.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	10 years through
11/01/06	 	 
	 
	 	 	 	 	 	 	 	 
	Missouri (Saint
Charles County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Saint
Louis County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Scott
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Taney
County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska*

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Nebraska (Hall
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a

113

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Nebraska
(Lancaster
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska
(Lincoln County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (5 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska (Sarpy
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (5 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska (Scotts
Bluff County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (5 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska
(Washington
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (5 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nevada*

	 	 	 	Clear (10 years through
10/25/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Nevada (Clark
County)

	 	Clear (5 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (5 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Jersey*

	 	 	 	 	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	New Jersey
(Gloucester
County)

	 	Clear (20 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (20 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico*

	 	 	 	 	 	 	 	Clear (10 years through 10/25/06)

114

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	New Mexico
(Bernalillo
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (14 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico (Lea
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (14 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Mckinley
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (14 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Otero County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (14 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico (San
Juan County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (14 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Santa Fe
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (14 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina*

	 	 	 	Clear (10 years through
10/30/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Eastern
District)*

	 	 	 	 	 	 	 	2 Bankruptcy

03/27/06 File No. 06- 00057-
8-RDD  
	 
	 

	 	 	 	 	 	 	 	RSC Joined as a necessary
party in case In re: Clark-
Langley, Inc. (debtor), where
RSC was added as a defendant

115

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	in action by Clark- Langley, Inc.
(debtor- plaintiff). No dollar
amount of claim is stated. Case
is still pending.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	08/29/06 File No. 06- 00206-8-JRL
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint filed against RSC in
case In re: Partitions Plus of
Wilmington Inc. (debtor), where
RSC is defendant in action by
James B. Angell (Chapter 7
trustee). Two Count Complaint
alleging avoidance and recovery
of preferential transfer and
avoidance and recovery of
fraudulent transfer in the amount
of at least $8,882.50.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Middle
District)*

	 	 	 	 	 	 	 	1 Bankruptcy

	 
	 	 	 	 	 	 	 	08/04/06 File No. 06- 02059
	 
	 

	 	 	 	 	 	 	 	Judgment entered against RSC in
case In re: DAC of High Point,
Inc., where RSC was defendant in
action by William P. Miller
(trustee in bankruptcy). Judgment
entered for $1,810.39.

116

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Western
District)*

	 	 	 	 	 	 	 	4 Bankruptcy

08/26/03 File No. 03-03119
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC in case In re: Piedmont
Engineering Corporation (debtor)
where RSC was defendant in action
by Stanley M. Campbell (trustee
in bankruptcy). Default judgment
entered against RSC for
$2,592.48.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	07/21/04 File No. 04- 03169
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC in case In re: RFS Ecusta,
Inc. (debtor) where RSC was
defendant in action by Langdon M.
Cooper (trustee). Default
judgment entered against RSC for
$5,555.14.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	09/30/05 File No. 05- 03476
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint filed against RSC in
case In re: J.A. Jones, Inc.,

117

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	et al.. (debtors) where RSC is
defendant in action by The
Liquidation Committee. Three
Count Complaint pending, alleging
Avoiding of Preferential
Transfer, Avoiding of Fraudulent
Transfer, and Recovery of Avoided
Transfer(s), in a total amount of
not less than $29,199.49.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	07/14/06 File No. 06 — 03203
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint filed against RSC in
case In re: F.T. Williams
Company, Inc. (debtors) where RSC
is defendant in action by R.
Keith Johnson (trustee for
bankruptcy estate of debtor).
Three Count Complaint pending,
alleging Avoiding of Preferential
Transfer, Avoiding of Fraudulent
Transfer, and Recovery of Avoided
Transfer(s), in a total amount of
not less than $4,500.00.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)

118

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	North Carolina
(Buncombe
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Cabarrus
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Camden County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Cumberland
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Durham County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Forsyth County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Guilford County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Iredell County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Mecklenburg
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a

119

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	North Carolina
(New Hanover
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Onslow County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Orange County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Pasquotank
County)

	 	2 State Tax Liens -
 

02/15/01 File No. 01-M- 32
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	Certification of
Unemployment Insurance
Tax Deficiency against
RSC in the amount of
$356.36.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	03/30/01 File No. 01-M-
77	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	Certification of
Unemployment Insurance
Tax Deficiency against
RSC in the amount of
$789.57.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	(10 years through
10/23/06)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	North Carolina

	 	Clear (10 years through
	 	Clear (10 years through
	 	Clear (10 years through
	 	n/a

120

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	(Swain County)

	 	10/19/06)
	 	10/19/06)
	 	10/19/06)	 	 
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Union County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Wake County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Dakota

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Dakota
(Cass County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Southern
District)*

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Ohio (Northern
District)*

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Ohio (Butler
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Franklin
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Hamilton
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Lucas
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Medina

	 	Clear (10 years through
	 	Clear (10 years through
	 	Clear (10 years through
	 	n/a

121

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)

	 	10/30/06)
	 	10/30/06)
	 	10/30/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Ohio (Miami
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Montgomery
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Summit
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Trumbull
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma*

	 	 	 	Clear (10 years through
10/26/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Carter
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Cleveland

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a

122

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Comanche County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Jackson
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Kay
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Oklahoma County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Payne
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Tulsa
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Washington
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon*

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oregon
(Clackamas
County)

	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	n/a

123

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Oregon (Coos
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Deschutes
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Douglas
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Klamath
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Lane
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Marion
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Umatilla
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	2 Judgment Liens -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	11/01/01 File No.
2001-3990679	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Sheriff’s Certificate
of Levy against RSC
(one of multiple
defendants) in favor of
Skycrest Enterprises
Inc. for real property
located at #39 Elk
Ridge Subdivision in
Nov. 2001.	 	 

124

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	08/22/02 File No.
2002-4180805	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Sheriff’s Certificate
of Levy against RSC
(one of multiple
defendants) in favor of
Skycrest Enterprises
Inc. for real property
located at #39 Elk
Ridge Subdivision in
Aug. 2002.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/26/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Middle District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Eastern District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Blair County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Bucks County)

	 	Clear (5 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Dauphin

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a

125

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Lancaster
County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Washington
County)

	 	Clear (5 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (5 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(York County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina*

	 	 	 	 	 	 	 	2 Bankruptcy
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	04/14/03 File No. 03- 80176-wb
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Settlement of Claim in case In re:
	 

	 	 	 	 	 	 	 	Bargain Equipment Sales, et al.
(debtors), where RSC was defendant
in action by R. Geoffrey Levy
(Trustee) for $156,300.00 in
preferential payments to RSC. RSC
reached settlement to pay trustee
$50,000.00 in full settlement of
claim.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	05/02/05 File No. 05- 80123- jw

126

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC in case In re: Georgetown
Steel Company, LLC (debtor) where
RSC was defendant in action
brought by David O. Shelley
(trustee for debtor’s liquidating
trust). Default judgment against
RSC for $32,543.80. Lien ordered
avoided and Sale Proceeds
allocated to RSC, which were held
in trust, were recovered by the
trustee.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Horry County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	1 Judgment Lien -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	5/03/2004 File No:	 	 
	 

	 	 	 	 	 	2004-CP- 26- 2571	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Judgment and Deficiency
Judgment against RSC
(f/k/a Prime Service
Inc. (one of multiple
defendants) on 5/3/04
in favor of Business
Carolina Inc. in the
amount of
$1,682,634.23.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/20/06)	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina

	 	Clear (10 years through
	 	Clear (10 years through
	 	Clear (10 years through
	 	n/a

127

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	(Aiken County)

	 	10/20/06)
	 	10/20/06)
	 	10/20/06)	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Beaufort County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Charleston
County)

	 	4 State Tax Liens:
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	08/27/02 File No.
2002-11864-State of
SC Dept. of Revenue Tax
Lien in the total
amount of $8,038.38.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	8/27/02 File No.
2002-11865-State of
SC Dept. of Revenue Tax
Lien in the total
amount of $2,031.40.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	10/23/02 File No.
2002-14150 State of
SC Dept. of Revenue Tax
Lien in the total
amount of $10,832.10.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	10/23/02 File No.
2002-14151 State of
SC Dept. of Revenue Tax
Lien in the total
amount of $2,590.42.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	Clear (10 years through
10/20/06)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Florence

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a

128

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Greenville
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Greenwood
County)

	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Richland County)

	 	7 State Tax Liens:
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	08/08/01 File No.
2001263049 SC Dept. of
Revenue Tax Lien for
total of $1,953.50.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	05/17/02 File No.
2002040401 SC Dept. of
Revenue Tax Lien for
total of $12,558.13.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	07/11/02 File No.
2002056389 SC Dept. of
Revenue Tax Lien for
total of $6,660.32.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	10/30/02 File No.
2002088586 SC Dept. of
Revenue Tax Lien for
total of $6,603.14.	 	 	 	 	 	 

129

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	11/13/02 File No.
2002092820 SC Dept. of
Revenue Tax Lien for
total of $705.69.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	12/12/02 File No.
2002101953 SC Dept. of
Revenue Tax Lien for
total of $5,710.51.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	02/10/03 File No.
2003013961 SC Dept. of
Revenue Tax Lien for
total of $5,106.86.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	(10 years through
10/18/06)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(York County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Dakota*

	 	 	 	Clear (10 years through
10/26/06)
	 	 	 	1 Bankruptcy
 

07/14/03 File No. 03-01032
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC on or around 09/04/03 in case
In re: Tri-State Ethanol Company
LLC (debtor) where RSC was
defendant in action brought by
North Central Construction

130

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	Inc. No dollar amount stated
in default judgment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	South Dakota
(Minnehaha
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Bradley County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Cumberland
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Davidson County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Hamblen County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Hamilton

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

131

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Tennessee (Knox
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Madison County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Montgomery
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee (Putnam
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Rutherford
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee (Shelby
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Washington
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Williamson
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee

	 	Clear (10 years through
	 	Clear (10 years through
	 	Clear (10 years through
	 	n/a

132

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	(Wilson County)

	 	11/3/06)
	 	11/3/06)
	 	11/3/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Texas*

	 	 	 	Clear (10 years through
10/30/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Texas (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Angelina
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Bell
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Bexar
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Bowie
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	2 Judgment Liens -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	12/10/03 File No. 20305	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Privileged Lien on RSC
real property for the
City of Texarkana for
services	 	 

133

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	on RSC lots for the
cutting and cleaning of
weeds in the amount of
$108.40.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	07/01/04 File No. 10486	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Privileged Lien on RSC
real property for the
City of Texarkana for
services on RSC lots
for the cutting and
cleaning of weeds in
the amount of $54.20.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/31/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Texas (Brazoria
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Brazos
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Calhoun
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Cameron
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Chambers
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Collin

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a

134

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Texas (Dallas
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Denton
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Ellis
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (El Paso
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Fort Bend
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Galveston
County)

	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Gregg
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Harris
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Hays
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Hidalgo
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a

135

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Texas (Jefferson
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Kendall
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Leon
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Lubbock
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Matagorda
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Mclennan
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Montgomery
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Nueces
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Orange
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Parker
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a

136

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Texas (Potter
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Tarrant
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Taylor
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Tom Green
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Travis
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Walker
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Washington
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Wichita
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Williamson
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Utah*

	 	 	 	 	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Utah (Salt Lake

	 	Clear (10 years through
	 	Clear (10 years through
	 	Clear (8 years through
	 	n/a

137

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)

	 	10/13/06)
	 	10/13/06)
	 	10/13/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Virginia*

	 	 	 	Clear (10 years through
10/27/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Virginia (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Virginia (Eastern
District

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Virginia
(Charlottesville
City)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (20 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Bedford
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (20 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Botetourt
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (20 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Chesapeake City)

	 	Clear (20 years through
9/29/06)
	 	Clear (10 years through
9/29/06)
	 	Clear (20 years through
9/29/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Fauquier County)

	 	Clear (20 years through
11/5/06)
	 	Clear (10 years through
11/5/06)
	 	Clear (20 years through
11/5/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Franklin County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a

138

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Virginia
(Fredericksburg
City)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Henrico
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	1 Judgment Lien -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	07/07/05 File No. 130
Pg 0987	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Judgment against RSC in
favor of Media Gen
Operation Inc. d/b/a
Richmond Times Dispatch
in the amount of
$376.24 on 5/25/05	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	20 years through
10/30/06	 	 
	 
	 	 	 	 	 	 	 	 
	Virginia
(Hopewell
City)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (20 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Montgomery
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Loudoun
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Lynchburg
City)

	 	Clear (20 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (20 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia

	 	Clear (20 years through
	 	Clear (10 years through
	 	Clear (20 years through
	 	n/a

139

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	(Hampton City)

	 	10/30/06)
	 	10/30/06)
	 	10/30/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Virginia (Prince
William
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Richmond
City)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Rockingham
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (20 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Salem
City)

	 	Clear (20 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (20 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Virginia Beach
City)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Winchester
City)

	 	Clear (20 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (20 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington*

	 	 	 	Clear (10 years through
10/25/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Washington
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Washington
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Washington
(Benton County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a

140

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Washington
(Chelan
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington (Clark
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington (Grant
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington (King
County)

	 	Clear (10 years through
10/8/06)
	 	Clear (10 years through
10/8/06)
	 	Clear (10 years through
10/8/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Kittitas County)

	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Pierce County)

	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Skagit County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Snohomish
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Greenbrier

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

141

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	County)
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Mercer
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Raleigh
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin*

	 	 	 	Clear (10 years through
10/30/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Wisconsin (Brown
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin (Dane
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin (La
Crosse County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Marathon County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Oneida)*

	 	 	 	 	 	 	 	n/a

142

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Wisconsin
(Outagamie
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Waukesha
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Winnebago
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wyoming*

	 	 	 	Clear (10 years through
10/24/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Wyoming (Laramie
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wyoming (Natrona
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wyoming
(Sheridan County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a

143

 

Schedule 6.1(g)

to Credit Agreement

III. List of all UCC and other filed security interests in the assets of the
Canadian Subsidiary:

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC - SECURED	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	PARTY	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/
Edmonton,
Alberta, Canada
	 	Ikon Office Solutions,
Inc.
	 	06/09/2004 -
04060935246
	 	Canon digital copier.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/
Edmonton,
Alberta, Canada
	 	Ikon Office Solutions,
Inc.
	 	06/09/2004 -
04060935261
	 	Canon digital copier.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/
Edmonton,
Alberta, Canada
	 	Bobcat of Edmonton
	 	06/28/2006 -
06062822454
	 	Bobcat 863G (Motor Vehicle) for $19,051.06.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/
Edmonton,
Alberta, Canada
	 	Bobcat of Edmonton
	 	06/28/2006 -
06062828949
	 	Bobcat 863G (Motor Vehicle) for $25,707.52.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/
Edmonton,
Alberta, Canada
	 	De Lage Landen Financial
Services Canada (CAD)
	 	07/18/2006 -
06071810532
	 	Commission — Residualized; Telecom.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/
Edmonton,
Alberta, Canada
	 	Bobcat of Edmonton
	 	09/22/2006 -
06092231197
	 	Bobcat 863 (Motor Vehicle) for $7,371.06.

144

 

Schedule 6.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	 	 	 
	 	 	INDEX DATE	 	UCC - SECURED	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	PARTY	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/Edmonton,
Alberta, Canada
	 	Bobcat of Edmonton
	 	09/22/2006 -
06092231221
	 	Bobcat 863 (Motor Vehicle) for $21,277.07.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation of
Canada Ltd.

	 	10/24/2006/Edmonton,
Alberta, Canada
	 	IOS Financial Services
	 	10/19/2006 -
06101900998
	 	All goods which are duplication devices, including
all parts, accessories, attachments, and all proceeds
which are accounts, goods, chattel paper, securities,
documents of title, instruments, money, intangibles,
crops or insurance proceeds.

145

 

 Schedule 8.3(j) 

to Credit Agreement

Schedule 8.3(j): Permitted Liens

Capital Lease Liens

	 	A.	 	Liens related to the Motor Vehicle Open Ended Operating Lease No. 0988
dated as of April 24, 2000 between DL Peterson Trust and RSC
($122,600,00 aggregate principal amount as of November 24, 2006).

Purchase Money Obligation Liens

	 	A.	 	Liens related to purchase money obligations in favor of Ingersoll Rand
($10,832,727.10 aggregate principal amount as of November 24, 2006).
	 
	 	B.	 	Liens related to purchase money obligations in favor of Textron
($55,465.15 aggregate principal amount as of November 24, 2006).
	 
	 	C.	 	Liens related to purchase money obligations in favor of John Deere
($6,464,857.02 aggregate principal amount as of November 24, 2006).
	 
	 	D.	 	Liens related to purchase money obligations in favor of JCB Inc.
($980,321.79 aggregate principal amount as of November 24, 2006).
	 
	 	E.	 	Liens related to purchase money obligations in favor of Allmand
Brothers, Inc. ($530,156.62 aggregate principal amount as of November
24, 2006).
	 
	 	F.	 	Liens related to purchase money obligations in favor of Thompson
Tractor ($2,196.40 aggregate principal amount as of November 24,
2006).
	 
	 	G.	 	Liens related to purchase money obligations in favor of Ground Hog -
Stoval Co. ($846.76 aggregate principal amount as of November 24,
2006).

Judgment Liens

	 	A.	 	Liens arising from judgments of less than $50,000 on an individual
basis in respect of claims arising in the ordinary course of the
business of Holdings and its Subsidiaries.

146

 

Schedule 8.4(a)

to Credit Agreement

Schedule 8.4(a): Permitted Guarantee Obligations

Capital Lease Obligations

	 	A.	 	Guarantee Obligations in respect of the Motor Vehicle Open Ended
Operating Lease No. 0988 dated as of April 24, 2000 between DL
Peterson Trust and RSC ($122,600,000 aggregate principal amount as of
November 24, 2006).

147

 

Schedule 8.6(j) 

to Credit Agreement

Schedule 8.6(j): Permitted Asset Sales

Real Property Dispositions

	 	 	 	 	 	 	 	 	 
	 	 	State	 	City	 	Address	 	Zip Code
	1.
	 	Florida	 	Ft. Pierce	 	3019 S. US Highway 1	 	34982
	2.
	 	Florida	 	Pensacola	 	5580 N. Pensacola Boulevard	 	32505
	3.
	 	Iowa	 	Muscatine	 	1303 Washington Street	 	52761
	4.
	 	North Carolina	 	Winston-Salem	 	3800 N. Patterson Avenue	 	27105
	5.
	 	Texas	 	Wichita Falls	 	1113 Sheppard Access Road Coded	 	76306

148

 

Schedule 8.8(c) 

to Credit Agreement

Schedule 8.8(c): Permitted Investments

None.

149

 

Schedule 8.10(v) 

to Credit Agreement

Schedule 8.10(v): Permitted Transactions with Affiliates

(i)

RSC Trade Payables To Atlas Copco Companies

RSC:

Vendor Accounts

	 	 	 	 	 	 	 
	Vendor #	 	Vendor Name	 	Total (In USD)
	725116	 	ACF/AC Compressors Inc (v# 506575)	 	$	16,653,171.58	 
	380440
	 	ACF/AC Construction Tools Inc. (v# 527066)	 	$	1,588,522.84	 
	527006
	 	AC Construction Tools	 	$	38,804.00	 
	2052	 	AC Tools & Assembly	 	$	1,340.52	 

Banker’s Acceptances

	 	1.	 	$139,664,552.47 in Banker’s Acceptances outstanding as of October 31,
2006 and through April 16,2007.

(ii)

RSC
Canada:

Vendor Accounts

	 	 	 	 	 	 	 
	Vendor #	 	Vendor Name	 	Total (In USD)
	6312
	 	ACF/AC Compressors Inc (v# 6221)	 	$	848,176.40	 

Various supporting functions, such as tax preparation and planning, in house
legal, general consulting, corporate record keeping, some insurance lines (e.g.
officers and directors E&O), audit, banking, and general support in the
development of business strategy, have been provided to various business
operations of the sellers including the Recapitalized Business on a shared
basis, and the internal charges imposed on the Recapitalized Business from time
to time may, or may not, have been consistent in all cases, or in any case, with
typical market costs for the same or similar functions.

NOTE:

ACF = Atlas Copco Customer Finance

150

 

Schedule 8.11(b) 

to Credit Agreement

Schedule 8.11(b): Sale and Leaseback Real Properties

	 	 	 	 	 	 	 	 	 
	 	 	State	 	City	 	Address	 	Zip Code
	1.
	 	Florida	 	Ft. Pierce	 	3019 S. US Highway 1	 	34982
	2.
	 	Florida	 	Pensacola	 	5580 N. Pensacola Boulevard	 	32505
	3.
	 	Iowa	 	Muscatine	 	1303 Washington Street	 	52761
	4.
	 	North Carolina	 	Winston-Salem	 	3800 N. Patterson Avenue	 	27105
	5.
	 	Texas	 	Wichita Falls	 	1113 Sheppard Access Road Coded	 	76306

151

 

EXECUTION VERSION

EXHIBIT A-1

FORM OF INITIAL TERM LOAN NOTE

	 	 	 
	$                    

	 	New York, New York

November     , 2006

     FOR VALUE RECEIVED, RSC HOLDINGS III, LLC, a Delaware limited liability
company (the “Parent Borrower”), and RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”, and, together with the Parent Borrower, the “U.S. Borrowers”),
hereby promise to pay to [                    ] or its registered assigns (the “Lender”), in lawful money of
the United States of America in immediately available funds, at the Payment Office (as
defined in the Agreement referred to below) initially located at 60 Wall Street, New
York, NY 10005 on
the Term Loan Maturity Date (as defined in the Agreement) the principal sum of                     
DOLLARS ($                     ) or, if less, the unpaid principal amount of all Initial Term Loans (as
defined in the Agreement) made by the Lender pursuant to the Agreement, payable at such
times and in such amounts as are specified in the Agreement.

     The U.S. Borrowers also promise to pay interest on the unpaid principal amount of
each Term Loan made by the Lender in like money at said office from the date hereof
until paid at the rates and at the times provided in subsection 4.1 of the Agreement.

     This note (the “Note”)is one of the Initial Term Loan Notes referred to in the
Credit Agreement, dated as of November     , 2006, among RSC HOLDINGS II, LLC, the U.S.
Borrowers, RENTAL SERVICE CORPORATION OF CANADA LTD., each other borrower party
thereto, the several banks and other financial institutions from time to time parties
thereto (including the Lender), DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S.
administrative agent and U.S. collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as
Canadian administrative agent and Canadian collateral agent, and CITICORP NORTH
AMERICA, INC., as syndication agent, (as amended, restated, modified and/or
supplemented from time to time, the “Agreement”) and is entitled to the benefits
thereof and of the other Loan Documents (as defined in the Agreement). This Note is
secured by, and entitled to the benefits of, the U.S. Security Documents (as defined in
the Agreement). As provided in the Agreement, this Note is subject to voluntary
prepayment and mandatory repayment prior to the Term Loan Maturity Date, in whole or in
part, and Initial Term Loans may be converted from one Type (as defined in the
Agreement) into another Type to the extent provided in the Agreement.

     In case an Event of Default (as defined in the Agreement) shall occur and be
continuing, the principal of and accrued interest on this Note may be declared to be
due and payable in the manner and with the effect provided in the Agreement.

     The U.S. Borrowers hereby waive to the extent permitted by law presentment,
demand, protest or notice of any kind in connection with this Note.

 

 

Exhibit A-1

Page 2

     THIS NOTE SHALL BE GOVERNED BY, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF
THE STATE OF NEW YORK.

	 	 	 	 	 
	 	RSC HOLDINGS III, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	RENTAL SERVICE CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

EXECUTION VERSION
EXHIBIT A-2

FORM OF INCREMENTAL TERM LOAN NOTE

	 	 	 
	$                    

	 	New York, New York

                     _, 200_

     FOR VALUE RECEIVED, RSC HOLDINGS III, LLC, a Delaware limited liability
company (the “Parent Borrower”) and RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”, and, together with the Parent Borrower, the “U.S. Borrowers”)1,
hereby promise to pay to [                    ] or its registered assigns (the “Lender”), in lawful money of
the United States of America in immediately available funds, at the Payment Office (as
defined in the Agreement referred to below) initially located at 60 Wall Street, New York,
NY 10005 on the Term Loan Maturity Date (as defined in the Agreement) the principal sum of                     
DOLLARS ($                    ) or, if less, the unpaid principal amount of all Incremental Term
Loans (as defined in the Agreement) made by the Lender pursuant to the Agreement, payable at
such times and in such amounts as are specified in the Agreement.

     The U.S. Borrowers also promise to pay interest on the unpaid principal amount of
each Term Loan made by the Lender in like money at said office from the date hereof until
paid at the rates and at the times provided in subsection 4.1 of the Agreement.

     This note (the “Note”) is one of the Incremental Term Loan Notes referred to in the
Credit Agreement, dated as of November _, 2006, among RSC HOLDINGS II, LLC, the U.S.
Borrowers, RENTAL SERVICE CORPORATION OF CANADA, LTD., each other borrower party thereto,
the several banks and other financial institutions from time to time parties thereto
including the Lender, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and
U.S. collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent
and Canadian collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent,
(as amended, restated, modified and/or supplemented from time to time, the “Agreement”)
and is entitled to the benefits thereof and of the other Loan Documents (as defined in
the Agreement). This Note is secured by, and entitled to the benefits of, the U.S.
Security Documents (as defined in the Agreement). As provided in the Agreement, this Note
is subject to voluntary prepayment and mandatory repayment prior to the Term Loan
Maturity Date, in whole or in part, and Incremental Term Loans may be converted from one
Type (as defined in the Agreement) into another Type to the extent provided in the
Agreement.

     In case an Event of Default (as defined in the Agreement) shall occur and be
continuing, the principal of and accrued interest on this Note may be declared to be due
and payable in the manner and with the effect provided in the Agreement.

                                                                   
             

1 Additional U.S. Borrowers to be added to form as necessary.

 

 

Exhibit A-2

Page 2

     The U.S. Borrowers hereby waive to the extent permitted by law presentment, demand,
protest or notice of any kind in connection with this Note.

     THIS NOTE SHALL BE GOVERNED BY, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE
LAW OF THE STATE OF NEW YORK.

	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	   
	 

	 	 	 	Title:	 	 

	 	 	 	 	 	 	 
	 	 	RENTAL SERVICE CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	   
	 

	 	 	 	Title:	 	 

 

 

EXECUTION VERSION

EXHIBIT A-3

FORM OF RCF NOTE 

			
	[U.S.$][Cdn$]                    
	 	New York, New York
	 
	 	November ___, 2006

     FOR VALUE RECEIVED, [RSC HOLDINGS III, LLC, a Delaware limited liability company] [RENTAL
SERVICE CORPORATION, an Arizona corporation] [RENTAL SERVICE CORPORATION OF CANADA LTD., a
corporation incorporated under the laws of the province of
Alberta] (the “Borrower”), hereby
promises to pay to [          ] or its registered assigns (the “Lender”), in lawful money of the
United States of America in immediately available funds, at the Payment Office (as defined in the
Agreement referred to below) initially located at [60 Wall Street, New York, NY 10005] [199 Bay
Street, Suite 4700 Commerce Court West, Box 263, Toronto, Ontario M5L 1E9] on the RCF Maturity
Date (as defined in the Agreement) the principal sum of            [U.S.][CANADIAN] DOLLARS
([U.S.$][Cdn$]          ) or, if less, the unpaid principal amount of all RCF Loans (as defined in
the Agreement) made by the Lender pursuant to the Agreement, payable at such times and in such
amounts as are specified in the Agreement.

     The Borrower also promises to pay interest on the unpaid principal amount of each RCF Loan
made by the Lender in like money at said office from the date hereof until paid at the rates and at
the times provided in subsection 4.1 of the Agreement.

     This note (the “Note”) is one of the [U.S.][Canadian] RCF Notes referred to in the
Credit Agreement, dated as of November ___, 2006, among RSC HOLDINGS II, LLC, the Borrower, [RSC
HOLDINGS III, LLC] [RENTAL SERVICE CORPORATION,] [RENTAL SERVICE CORPORATION OF CANADA LTD.,], each
other borrower party thereto, the several banks and other financial institutions from time to time
parties thereto including the Lender, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative
agent and U.S. collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent
and Canadian collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent, (as amended,
restated, modified and/or supplemented from time to time, the “Agreement”) and is entitled
to the benefits thereof and of the other Loan Documents (as defined in the Agreement). This Note is
secured by, and is entitled to the benefits of, the [U.S.]1 Security Documents (as
defined in the Agreement). As provided in the Agreement, this Note is subject to voluntary
prepayment and mandatory repayment prior to the RCF Maturity Date, in whole or in part, and RCF
Loans may be converted from one Type (as defined in the Agreement) into another Type to the extent
provided in the Agreement.

 

			
	1	 	To be inserted in all U.S. RSC Notes.

 

 

Exhibit A-3

Page 2

     In case an Event of Default (as defined in the Agreement) shall occur and be continuing, the
principal of and accrued interest on this Note may be declared to be due and payable in the manner
and with the effect provided in the Agreement.

     The Borrower hereby waives to the extent permitted by law presentment, demand, protest or
notice of any kind in connection with this Note.

     THIS NOTE SHALL BE GOVERNED BY, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE
STATE OF NEW YORK.

	 	 	 	 	 
	 	[RSC HOLDINGS III, LLC]

[RENTAL SERVICE CORPORATION]

[RENTAL SERVICE CORPORATION OF CANADA LTD.]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

EXECUTION VERSION

EXHIBIT A-4

FORM OF SWING LINE NOTE 

			
	$                    
	 	New York, New York
	 
	 	November ___, 2006

     FOR VALUE RECEIVED, [RSC HOLDINGS III, LLC, a Delaware limited liability company] [RENTAL
SERVICE CORPORATION, an Arizona corporation] (the “U.S. Borrower”)1,
hereby promises to pay to DEUTSCHE BANK AG, NEW YORK BRANCH or its registered assigns (the
“Lender”), in lawful money of the United States of America in immediately available funds, at the
Payment Office (as defined in the Agreement referred to below) initially located at 60 Wall Street,
New York, NY 10005 on the RCF Maturity Date (as defined in the Agreement) the principal sum of
           DOLLARS ($          ) or, if less, the unpaid principal amount of all Swingline Loans
(as defined in the Agreement) made by the Lender pursuant to the Agreement, payable at such times
and in such amounts as are specified in the Agreement.

     The U.S. Borrower also promises to pay interest on the unpaid principal amount of each
Swingline Loan made by the Lender in like money at said office from the date hereof until paid at
the rates and at the times provided in subsection 4.1 of the Agreement.

     This note (the “Note”) is the Swingline Note referred to in the Credit Agreement,
dated as of November ___, 2006 among RSC HOLDINGS II, LLC, the U.S. Borrower, [RSC HOLDINGS III,
LLC,] [RENTAL SERVICE CORPORATION], RENTAL SERVICE CORPORATION OF CANADA LTD., the other borrowers
party thereto, the several banks and other financial institutions from time to time parties thereto
including the Lender, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and U.S.
collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and Canadian
collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent, (as amended, restated,
modified and/or supplemented from time to time, the “Agreement”) and is entitled to the
benefits thereof and of the other Loan Documents (as defined in the Agreement). This Note is
secured by, and is entitled to the benefits of, the U.S. Security Documents (as defined in the
Agreement). As provided in the Agreement, this Note is subject to voluntary prepayment and
mandatory repayment prior to the RCF Maturity Date, in whole or in part.

     In case an Event of Default (as defined in the Agreement) shall occur and be continuing, the
principal of and accrued interest on this Note may be declared to be due and payable in the manner
and with the effect provided in the Agreement.

 

			
	1	 	Additional U.S. Borrowers to be added to form as necessary

 

 

Exhibit A-4

Page 2

     The U.S. Borrower hereby waives presentment, demand, protest or notice of any kind in
connection with this Note.

     THIS NOTE SHALL BE GOVERNED BY, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE
STATE OF NEW YORK.

	 	 	 	 	 
	 	[RSC HOLDINGS III, LLC]

[RENTAL SERVICES CORPORATION]

 	 
	 	By:  	 	 
	 
	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

EXECUTION VERSION

EXHIBIT B

FORM OF SWING LINE LOAN PARTICIPATION CERTIFICATE

                            , 200   

	 	 	 
	[Name of Lender]
	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	Ladies and Gentlemen:
	 	 

     Pursuant to subsection 2.5(d) of the Credit Agreement, dated as of November ___, 2006, among
RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC, RENTAL SERVICE CORPORATION, RENTAL SERVICE CORPORATION
OF CANADA LTD., the several banks and other financial institutions from time to time parties
thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and U.S. collateral agent,
DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and Canadian collateral agent and
CITICORP NORTH AMERICA, INC., as syndication agent, the undersigned hereby acknowledges receipt
from you on the date hereof of DOLLARS ($_____ ) as payment for a participating interest in the
following Swing Line Loan:

	 	 	 
	     Date of Swing Line Loan:
	 	 

	 	 	 

	 	 	 
	     Principal Amount of Swing Line Loan:
	 	 

	 	 	 

	 	 	 	 	 
	 	Very truly yours,

[                     ],

as Swing Line Lender

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

EXECUTION VERSION

EXHIBIT C

FORM OF INCREMENTAL COMMITMENT AGREEMENT

[Names(s) of Lenders(s)]

                                 ,           

[RSC HOLDINGS III, LLC]

[RENTAL SERVICE CORPORATION]

[RENTAL SERVICE CORPORATION OF CANADA LTD.]

[Address]

re Incremental Commitment 

Gentlemen:

     Reference is hereby made to the Credit Agreement (as amended, supplemented, waived or
otherwise modified from time to time, the “Credit Agreement”), dated as of November 27,
2006, among RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC (the “Parent Borrower”), RENTAL
SERVICE CORPORATION (“RSC”, and together with the Parent Borrower and each other entity that
becomes a Borrower pursuant to subsection 7.9(b) of the Credit Agreement and which is incorporated
or organized in the United States or any state or territory thereof or the District of Columbia,
the “U.S. Borrowers”), RENTAL SERVICE CORPORATION OF CANADA LTD. (together with any other
entity that becomes a Borrower pursuant to subsection 7.9(c) and which is incorporated or organized
in Canada or a province thereof, together with their respective successors and assigns, the
“Canadian Borrowers”), the several banks and other financial institutions from time to
time parties to thereto (the “Lenders”), DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S.
administrative agent and U.S. collateral agent (in such capacities, respectively, the “U.S.
Administrative Agent” and the “U.S Collateral Agent”), DEUTSCHE BANK AG, CANADA
BRANCH, as Canadian administrative agent and Canadian collateral agent (in such capacities,
respectively, the “Canadian Administrative Agent” and the “Canadian Collateral Agent”)
and CITICORP NORTH AMERICA, INC., as syndication agent. Unless otherwise defined
herein, capitalized terms used herein shall have the respective meanings set forth in the Credit
Agreement.

     Each Lender (each an “Incremental Lender”) party to this letter agreement (this
“Agreement”) hereby severally agrees to provide the Incremental Commitment(s) set forth opposite
its name on Annex I attached hereto (for each such Incremental Lender, its “Incremental Commitment”).
Each Incremental Commitment provided pursuant to this

 

 

Exhibit C

Page 2

Agreement shall be subject to the terms and conditions set forth in the Credit Agreement, including
subsection 2.7 thereof.

     Each Incremental Lender acknowledges and agrees that the Incremental Commitments provided
pursuant to this Agreement, in the aggregate amount for each Tranche of Incremental Commitments as
set forth on Annex I hereto, shall constitute either Incremental Term Loan Commitments, Canadian
RCF Commitments or U.S. RCF Commitments (as specified in said Annex I) under, and as defined in,
the Credit Agreement. Each Incremental Lender further agrees that, with respect to the Incremental
Commitments provided by it pursuant to this Agreement, such Incremental Lender shall receive an
upfront fee equal to that amount set forth opposite its name on Annex I hereto.1

     Each Incremental Lender party to this Agreement (i) confirms that it has received a copy of
the Credit Agreement[,] [and] the other Loan Documents [and the CAM Allocation
Agreement]2, together with copies of the financial statements referred to therein and
such other documents and information as it has deemed appropriate to make its own credit analysis
and decision to enter into this Agreement and to become a Lender under the Credit Agreement, (ii)
agrees that it will, independently and without reliance upon the Administrative Agent or any other
Lender and based on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under the Credit
Agreement, (iii) appoints and authorizes the Administrative Agents and the Collateral Agents to
take such action as agent on its behalf and to exercise such powers under the Credit Agreement and
the other Loan Documents as are delegated to the Administrative Agents and the Collateral Agents,
as the case may be, by the terms thereof, together with such powers as are reasonably incidental
thereto, (iv) confirms that from and after the effectiveness of the Incremental Commitment provided
pursuant to this Agreement, [each] [the] Incremental Lender shall be bound by the provisions of the
Credit Agreement [and the CAM Allocation Agreement]3and agrees that it will perform in
accordance with their terms all of the obligations which by the terms of the Credit Agreement [and
the CAM Allocation Agreement] are required to be performed by it as a Lender, (v) in the case of
each lending institution organized under the laws of a jurisdiction outside the United States that
is providing U.S. RCF Commitments and/or Incremental Term Loan Commitments to the U.S. Borrowers
or to Canadian Finco, attaches the

 

			
	1	 	In the case of Incremental Commitment Agreements in respect of Incremental Term Loans
that, in accordance with Section 2.7(e) of the Credit Agreement, will have pricing and
maturity that is different than the pricing and maturity applicable to the Initial Term Loans,
Annex I should be modified to provide for such different pricing and maturity.
	 
	2	 	Include in Incremental Agreements where additional RCF Commitments are being provided.
	 
	3	 	Include in Incremental Agreements where additional RCF Commitments are being provided.

2 

 

Exhibit C

Page 3

forms prescribed by the Internal Revenue Service of the United States, certifying as to its
entitlement to a complete exemption from United States withholding taxes with respect to all
payments to be made under the Credit Agreement and the other Credit Documents, (vi) in the case of
each lending institution organized under the laws of the United States or a jurisdiction therein
that is providing U.S. RCF Commitments and/or Incremental Term Loan Commitments to the U.S.
Borrowers or to Canadian Finco, attaches Internal Revenue Service Form W-9 or such other or
successor forms prescribed by the Internal Revenue Service of the United States, certifying as to
its entitlement to a complete exemption from United States withholding taxes, including backup
withholding, with respect to all payments to be made under the Credit Agreement and the other
Credit Documents and (vii) except as otherwise provided in Section 4.15(a) of the Credit Agreement
in the case of each lending institution that is providing Canadian RCF Commitments and/or
Incremental Term Loan Commitments to Canadian Finco, certifies that it is a Canadian Resident and
attaches the forms, if any, then prescribed by the Internal Revenue Service of the United States,
certifying as to its entitlement to a complete exemption from United States withholding taxes with
respect to all payments to be made under the Credit Agreement and the other Credit Documents. Upon
the execution of a counterpart of this Agreement by the U.S. Administrative Agent and the [Parent
Borrower] [U.S. Borrowers] [Canadian Borrowers], the delivery to the U.S. Administrative Agent of a
fully executed copy (including by way of counterparts and by fax, telecopy or other electronic
transmission (i.e., pdf)) hereof and the payment of any fees (including, without limitation, the
upfront fees payable pursuant to the immediately preceding paragraph) required in connection
herewith, each Incremental Lender party hereto shall become a Lender pursuant to the Credit
Agreement and, to the extent provided in this Agreement, shall have the rights and obligations of a
Lender thereunder and under the other Credit Documents.

     You may accept this Agreement by signing the enclosed copies in the space provided below, and
returning one copy of same to us before the close of business on                     , ___. If you do not
so accept this Agreement by such time, your Incremental Commitments set forth in this Agreement
shall be deemed cancelled.

     After the execution and delivery to the U.S. Administrative Agent of a fully executed copy of
this Agreement (including by way of counterparts and by fax, telecopy or other electronic
transmission (i.e., pdf)) by the parties hereto, this Agreement may only be changed, modified or
varied by written instrument in accordance with the requirements for the modification of Loan
Documents pursuant to subsection 11.6 of the Credit Agreement.

3 

 

Exhibit C          

Page 4          

     THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

	 	 	 	 	 
	 	Very truly yours,

[NAME OF LENDER]

 	 
	 	By: 	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Agreed and Accepted

this ___day of                    , ___:

[RSC HOLDINGS III, LLC]

[RENTAL SERVICE CORPORATION]

[RENTAL SERVICE CORPORATION OF CANADA LTD.]

	 	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	DEUTSCHE BANK AG, NEW
YORK BRANCH 

as Administrative
Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

4 

 

ANNEX
I TO EXHIBIT C

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Amount of	 	 	Amount of	 	 	 	 	 	 	 	 	 	 
	Name	 	Initial Term	 	 	Incremental Term	 	 	Amount of U.S.	 	 	Amount of	 	 	 	 
	of	 	Loan	 	 	Loan	 	 	RCF	 	 	Canadian RCF	 	 	Upfront	 
	Lender  	 	Commitment	 	 	Commitment	 	 	Commitment	 	 	Commitment	 	 	Fee	 
	 
	Total
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

 

EXECUTION
VERSION

EXHIBIT D

FORM OF L/C REQUEST

	 	 	 
	 

	 	Dated
       1        

	DEUTSCHE BANK AG, NEW YORK BRANCH (“DBNY”), as U.S.
administrative agent and U.S. collateral agent, under
the Credit Agreement, dated as of November ___, 2006
(as amended, restated, modified and/or supplemented
from time to time, the “Credit Agreement”), among RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC, RENTAL
SERVICE CORPORATION, RENTAL SERVICE CORPORATION OF
CANADA LTD., the several banks and other financial
institutions from time to time parties thereto, DBNY
as U.S. administrative agent and U.S. collateral
agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian
administrative agent and Canadian collateral agent and
CITICORP NORTH AMERICA, INC., as syndication agent.
	 	 

[[   2   ], as Letter of Credit Issuer

under the Credit Agreement

                    

                    

                    ]

Attention: [                    ]

Ladies and Gentlemen:

     Pursuant to subsection 3.2 of the Credit Agreement, we hereby request that the Letter of
Credit Issuer referred to above issue a [Documentary] [Standby] Letter of Credit for the account
of the undersigned on
3 (the “Date of Issuance ”) in the aggregate Stated
Amount of _______.

 

			
	1	 	Date of L/C Request.
	 
	2	 	Insert name and address of Letter of Credit Issuer. For Standby Letters of
Credit issued by Deutsche Bank AG, New York Branch, insert: Deutsche Bank AG, New York Branch, 60
Wall Street, New York, NY 10005-MS NYC 60-3812, Attention: Global Loan Operations, Standby Letter
of Credit Unit. For Documentary Letters of Credit issued by Deutsche Bank AG, New York Branch,
insert: Deutsche Bank AG, New York Branch, 60 Wall Street, New York, NY 10005, Attention: Trade and
Risk Services, Import LC. For Canadian Letters of Credit issued by Deutsche Bank AG, Canada Branch,
insert: Deutsche Bank AG, Canada Branch, 199 Bay Street, Suite 4700, Commerce Court West, Box 263,
Toronto, Ontario, Canada M5L 1E9, Attention: Marcellus Leung. For Letters of Credit issued by
another Issuing Lender, insert the correct notice information for that Issuing Lender.
	 
	3	 	Date of Issuance which shall be (x) a Business Day and (y) at least 3
Business Days after the date hereof (or such earlier date as is acceptable to the respective
Letter of Credit Issuer in any given case).

 

 

Exhibit D

Page 2

     For purposes of this L/C Request, unless otherwise defined herein, all capitalized terms used
herein which are defined in the Credit Agreement shall have the respective meaning provided
therein.

     The
beneficiary of the requested Letter of Credit will be
__4__, and such Letter of
Credit will be in support of
__5__ and will have a stated expiration date
of __6__.

     
We hereby certify that:

	 	(A)	 	the representations and warranties contained in the Credit Agreement and in the
other Loan Documents are and will be true and correct in all material respects on
the Date of Issuance, both before and after giving effect to the issuance of the
Letter of Credit requested hereby, unless stated to relate to a specific earlier
date, in which case such representations and warranties shall be true and correct in
all material respects as of such earlier date; and
	 
	 	(B)	 	no Default or Event of Default has occurred and is continuing nor, after giving
effect to the issuance of the Letter of Credit requested hereby, would such a
Default or Event of Default occur.

     Copies of all documentation with respect to the supported transaction are attached hereto.

	 	 	 	 	 
	 	[NAME OF BORROWER]

 	 
	 	By: 	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

			
	4	  Insert name and address of beneficiary.
	 
	5	  Insert a description of permitted obligations of the Borrowers or any of
their Subsidiaries.
	 
	6	  Insert the last date upon which drafts may be presented which may not be later
than (i) in the case of Standby Letters of Credit, the earlier of (x) one year after the Date of
Issuance and (y) the 10th Business Day preceding the RCF Maturity Date and (ii) in the
case of Documentary Letters of Credit, the earlier of (x) 180 days after the Date of Issuance and
(y) 30 days prior to the RCF Maturity Date.

 

 

EXECUTION VERSION

EXHIBIT E

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

          Reference is made to the Loan(s) held by the undersigned pursuant to the Credit Agreement (as
amended, supplemented, waived or otherwise modified from time to time, the “Credit
Agreement”), dated as of November ___, 2006, among RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC
(the “Parent Borrower”), RENTAL SERVICE CORPORATION, (together with the Parent Borrower and
each other entity that becomes a Borrower pursuant to subsection 7.9(b) of the Credit Agreement and
which is incorporated or organized in the United States or any state or territory thereof or the
District of Columbia, the “U.S. Borrowers”), RENTAL SERVICE CORPORATION OF CANADA LTD., the
several banks and other financial institutions from time to time parties thereto, DEUTSCHE BANK AG,
NEW YORK BRANCH, as U.S. administrative agent (the “U.S. Administrative Agent ”) and U.S.
collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and Canadian
collateral agent and CITICORP NORTH AMERICA, INC., as syndication agent. The undersigned hereby
certifies under penalty of perjury that:

	 	1.	 	The undersigned is the sole record and beneficial owner of the Loan(s) (as well as
any Note(s) evidencing such Loan(s)) registered in its name;
	 
	 	2.	 	The income from the Loan(s) held by the undersigned is not effectively connected
with the conduct of a trade or business within the United States;
	 
	 	3.	 	The undersigned is not a bank (as such term is used in Section 881(c)(3)(A) of the
Internal Revenue Code of 1986, as amended (the “Code”)), is not subject to
regulatory or other legal requirements as a bank in any jurisdiction, and has not been
treated as a bank for purposes of any tax, securities law or other filing or submission
made to any governmental authority, any application made to a rating agency or any
qualification for any exemption from any tax, securities law or other legal requirements;
	 
	 	4.	 	The undersigned is not a 10-percent shareholder of the Borrowers within the meaning of
Section
871(h)(3)(B) of the Code; and
	 
	 	5.	 	The undersigned is not a controlled foreign corporation receiving interest from a
related person within the meaning of Section 881(c)(3)(C) of the Code.

          We have furnished you with a certificate of our non-U.S. person status on Internal Revenue
Service Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the
information provided on this certificate changes, the undersigned shall so inform the Borrowers
(for the benefit of the U.S. Borrowers and the U.S. Administrative Agent) in writing within 30 days
of such change and (2) the undersigned shall furnish the U.S. Borrowers (for the benefit of the
U.S. Borrowers and the U.S. Administrative Agent), a properly completed and currently effective
certificate in either the calendar year in which payment is to be made by the U.S. Borrowers to the
undersigned, or in either of the two calendar years preceding such payment.

 

 

          Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall
have the meanings given to them in the Credit Agreement.

	 	 	 	 	 	 	 
	 	 	[NAME OF LENDER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	[Address]	 	 
	Dated:                     , 200___
	 	 	 	 	 	 

2 

 

EXECUTION VERSION

EXHIBIT E

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

          Reference is made to the Loan(s) held by the undersigned pursuant to the Credit Agreement (as
amended, supplemented, waived or otherwise modified from time to time, the “Credit
Agreement”), dated as of November ___, 2006, among RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC
(the “Parent Borrower”), RENTAL SERVICE CORPORATION, (together with the Parent Borrower and
each other entity that becomes a Borrower pursuant to subsection 7.9(b) of the Credit Agreement and
which is incorporated or organized in the United States or any state or territory thereof or the
District of Columbia, the “U.S. Borrowers”), RENTAL SERVICE CORPORATION OF CANADA LTD., the
several banks and other financial institutions from time to time parties thereto, DEUTSCHE BANK AG,
NEW YORK BRANCH, as U.S. administrative agent (the “U.S. Administrative Agent ”) and U.S.
collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and Canadian
collateral agent and CITICORP NORTH AMERICA, INC., as syndication agent. The undersigned hereby
certifies under penalty of perjury that:

	 	1.	 	The undersigned is the sole record and beneficial owner of the Loan(s) (as well as
any Note(s) evidencing such Loan(s)) registered in its name;
	 
	 	2.	 	The income from the Loan(s) held by the undersigned is not effectively connected
with the conduct of a trade or business within the United States;
	 
	 	3.	 	The undersigned is not a bank (as such term is used in Section 881(c)(3)(A) of the
Internal Revenue Code of 1986, as amended (the “Code”)), is not subject to
regulatory or other legal requirements as a bank in any jurisdiction, and has not been
treated as a bank for purposes of any tax, securities law or other filing or submission
made to any governmental authority, any application made to a rating agency or any
qualification for any exemption from any tax, securities law or other legal requirements;
	 
	 	4.	 	The undersigned is not a 10-percent shareholder of the Borrowers within the meaning of
Section
871(h)(3)(B) of the Code; and
	 
	 	5.	 	The undersigned is not a controlled foreign corporation receiving interest from a
related person within the meaning of Section 881(c)(3)(C) of the Code.

          We have furnished you with a certificate of our non-U.S. person status on Internal Revenue
Service Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the
information provided on this certificate changes, the undersigned shall so inform the Borrowers
(for the benefit of the U.S. Borrowers and the U.S. Administrative Agent) in writing within 30 days
of such change and (2) the undersigned shall furnish the U.S. Borrowers (for the benefit of the
U.S. Borrowers and the U.S. Administrative Agent), a properly completed and currently effective
certificate in either the calendar year in which payment is to be made by the U.S. Borrowers to the
undersigned, or in either of the two calendar years preceding such payment.

 

 

          Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall
have the meanings given to them in the Credit Agreement.

	 	 	 	 	 	 	 
	 	 	[NAME OF LENDER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	[Address]	 	 
	Dated:                     , 200___
	 	 	 	 	 	 

2 

 

EXECUTION VERSION

EXHIBIT
F

FORM
OF INTERCREDITOR AGREEMENT

          This INTERCREDITOR AGREEMENT, dated as of November 27, 2006, and
entered into by and among RSC HOLDINGS II, LLC, a Delaware limited liability
company (“Holdings”), RSC HOLDINGS III, LLC (the “Parent Borrower”), a Delaware
limited liability company, RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”), each other Grantor (as defined below) from time to time party hereto,
DEUTSCHE BANK AG, NEW YORK BRANCH (“DBNY”), in its capacity as U.S. collateral
agent under the First-Lien Loan Documents (as defined below) ((together with its
successors and assigns in such capacity from time to time, the “U.S. First-Lien
Collateral Agent”) and DBNY in its capacity as collateral agent under the
Second-Lien Loan Documents (as defined below) (together with its successors and
assigns in such capacity from time to time, the “Second-Lien Collateral Agent”).
Capitalized terms used herein but not otherwise defined herein have the meanings
set forth in Section 1 below.

RECITALS

          WHEREAS, Holdings, the Parent Borrower, RSC and RSC Canada, each other
entity that becomes a borrower thereunder pursuant to subsection 7.9 thereof
(together with the Parent Borrower, RSC and RSC Canada, collectively, the
“First-Lien Borrowers” and, each a “First-Lien Borrower”), the several banks and
other financial institutions from time to time party thereto, DBNY, as U.S.
administrative agent (in such capacity, the “U.S. First-Lien Administrative
Agent”) and U.S. collateral agent, Deutsche Bank AG, Canada Branch, as Canadian
administrative agent (in such capacity, the “Canadian First-Lien Administrative
Agent”) and Canadian collateral agent (in such capacity, the “Canadian
First-Lien Collateral Agent”), Citicorp North America, Inc., as Syndication
Agent and Bank of America, N.A., LaSalle Credit Business Credit, LLC and
Wachovia Capital Finance Corporation (Western), as Co-Documentation Agents have
entered into that certain Credit Agreement, dated as of the date hereof (as
amended, restated, supplemented, modified and/or Refinanced from time to time,
the “First-Lien Credit Agreement”) providing for the making of term and
revolving loans to the Borrowers, and the issuance of, and participation in,
letters of credit for the account of the Borrowers, as provided therein;

          WHEREAS, Holdings, the Parent Borrower, RSC and each other entity that
becomes a borrower thereunder pursuant to Subsection 6.9 thereof, the several
banks and other financial institutions from time to time party thereto (together
with the Parent Borrower and RSC, collectively, the “Second-Lien Borrowers” and
each a “Second-Lien Borrower”), DBNY, as administrative agent (in such capacity,
the “Second-Lien Administrative Agent”) and Second-Lien Collateral Agent,
Citicorp North America, Inc., as Syndication Agent, and General Electric Capital
Corporation, as Documentation Agent have entered into that certain Second-Lien
Term Loan Credit Agreement, dated as of the date hereof (as amended, restated,
supplemented, modified and/or Refinanced from time to time, the “Second-Lien
Credit Agreement”) providing for the making of the Second-Lien Term Loan to the
Second-Lien Borrowers as provided therein;

 

Page 2

          WHEREAS, the obligations of Holdings, the First-Lien Borrowers, and
the other Grantors under the First-Lien Loan Documents, and all Hedging
Agreements with one or more Hedging Creditors, will be secured by substantially
all the assets of Holdings, the First-Lien Borrowers and the other Grantors,
respectively, pursuant to the terms of the First-Lien Security Documents;

          WHEREAS, the obligations of Holdings, the First-Lien Borrowers, and
the other Grantors under the Second-Lien Loan Documents will be secured by
substantially all the assets of Holdings, the First-Lien Borrowers and the other
Grantors, respectively, pursuant to the terms of the Second-Lien Security
Documents;

          WHEREAS, the First-Lien Loan Documents and the Second-Lien Loan
Documents provide, among other things, that the parties thereto shall set forth
in this Agreement their respective rights and remedies with respect to the
Collateral;

          WHEREAS, in order to induce the First-Lien Collateral Agents and the
First-Lien Creditors to consent to the Grantors incurring the Second-Lien
Obligations and to induce the First-Lien Creditors to extend credit and other
financial accommodations and lend monies to or for the benefit of the
Second-Lien Borrowers or any other Grantor, the Second-Lien Collateral Agent on
behalf of the Second-Lien Creditors (and each Second-Lien Creditor by its
acceptance of the benefits of the Second-Lien Security Documents) has agreed to
the subordination, intercreditor and other provisions set forth in this
Agreement; and

          WHEREAS, Holdings, the First-Lien Borrowers and the other Grantors
may, from time to time, incur additional secured debt which the Second-Lien
Borrowers and the First-Lien Collateral Agents may agree may share a
first-priority security interest in the Collateral in accordance with the
First-Lien Loan Documents in existence at the time of such incurrence;

          NOW, THEREFORE, in consideration of the foregoing, the mutual
covenants and obligations herein set forth and for other good and valuable
consideration, the sufficiency and receipt of which are hereby acknowledged, the
parties hereto, intending to be legally bound, hereby agree as follows:

          SECTION 1. Definitions.

          1.1 Defined Terms. As used in the Agreement, the following terms shall
have the following meanings:

          “Agreement” means this Intercreditor Agreement, as amended, renewed,
extended, supplemented or otherwise modified from time to time in accordance
with the terms hereof.

          “Bankruptcy Code” means Title 11 of the United States Code entitled
“Bankruptcy,” as now and hereafter in effect, or any successor statute.

          “Bankruptcy Law” means the Bankruptcy Code and any similar federal,
state or foreign law for the relief of debtors.

 

Page 3

          “Borrowers” means the First-Lien Borrowers and the Second-Lien
Borrowers.

          “Business Day” means a day other than a Saturday, Sunday or other day
on which commercial banks in New York City are authorized or required by law to
close.

          “Canadian First-Lien Administrative Agent” has the meaning provided in
the recitals hereto.

          “Canadian First-Lien Collateral Agent” has the meaning provided in the
recitals hereto.

          “Cap Amount” means $2,000,000,000.

          “Collateral” means all of the assets and property of any Grantor,
whether real, personal or mixed, constituting both First-Lien Collateral and
Second-Lien Collateral.

          “Collateral Agent” means, as the context requires, collectively, the
First-Lien Collateral Agents and the Second-Lien Collateral Agent.

          “Comparable Second-Lien Security Document” means, in relation to any
Collateral subject to any Lien created under any First-Lien Security Document,
that Second-Lien Security Document which creates a Lien on the same Collateral,
granted by the same Grantor.

          “Creditors” means, collectively, the First-Lien Creditors and the
Second-Lien Creditors.

          “DBNY” has the meaning provided in the preamble hereof.

          “Defaulting Creditor” has the meaning provided in Section 5.7(d) of
this Agreement.

          “Discharge of First-Lien Credit Agreement Obligations” means, except
to the extent otherwise provided in Section 5.6 hereof (and subject to Section
6.5 hereof), (a) payment in full in cash of the principal of and interest
(including interest accruing on or after the commencement of any Insolvency or
Liquidation Proceeding at the rate provided for in the respective First-Lien
Loan Documents, whether or not such interest would be allowed in such Insolvency
or Liquidation Proceeding) and premium, if any, on all Indebtedness outstanding
under the First-Lien Loan Documents, (b) payment in full in cash of all other
First-Lien Obligations (other than Hedging Obligations) that are due and payable
or otherwise accrued and owing at or prior to the time such principal, interest
and premium are paid, (c) termination (without any prior demand for payment
thereunder having been made or, if made, with such demand having been fully
reimbursed in cash) or cash collateralization (in an amount and manner, and on
terms, satisfactory to each First-Lien Collateral Agent) of all letters of
credit issued by any First-Lien Creditor and (d) termination of all other
commitments of the First-Lien Creditors under the First-Lien Loan Documents.

          “Discharge of First-Lien Obligations” means, except to the extent
otherwise provided in Section 5.6 hereof, (a) payment in full in cash of the
principal of and interest

 

Page 4

(including interest accruing on or after the commencement of any Insolvency or
Liquidation Proceeding at the rate provided for in the respective First-Lien
Loan Documents, whether or not such interest would be allowed in any such
Insolvency or Liquidation Proceeding) and premium, if any, on all Indebtedness
outstanding under the First-Lien Documents, (b) payment in full in cash of all
other First-Lien Obligations that are due and payable or otherwise accrued and
owing at or prior to the time such principal and interest are paid, (c)
termination (without any prior demand for payment thereunder having been made
or, if made, with such demand having been fully reimbursed in cash) or cash
collateralization (in an amount and manner, and on terms, satisfactory to each
First-Lien Collateral Agent) of all letters of credit and Hedging Agreements
issued or entered into, as the case may be, by any First-Lien Creditor and (d)
termination of all other commitments of the First-Lien Creditors under the
First-Lien Loan Documents.

          “Disposition” has the meaning provided in Section 5.1(a)(ii) of this
Agreement.

          “Domestic Subsidiary” means each Subsidiary of Holdings organized
under the laws of the United States, any State or territory thereof or the
District of Columbia.

          “Eligible Purchaser” has the meaning provided in Section 5.7(a) of
this Agreement.

          “Financing Lease” means any lease of property, real or personal, the
obligations of the lessee in respect of which are required in accordance with
generally accepted accounting principals in the United States of America in
effect from time to time to be capitalized on a balance sheet of the lessee.

          “First-Lien Administrative Agent” means each of the U.S. First-Lien
Administrative Agent and the Canadian First-Lien Administrative Agent.

          “First-Lien Borrowers” has the meaning provided in the recitals
hereto.

          “First-Lien Collateral” means all of the assets and property of any
Grantor, whether real, personal or mixed, with respect to which a Lien is
granted (or purported to be granted) as security for any First-Lien Obligations.

          “First-Lien Collateral Agent” means each of the U.S. First-Lien
Collateral Agent and the Canadian First-Lien Collateral Agent.

          “First-Lien Credit Agreement” has the meaning set forth in the
recitals hereto.

          “First-Lien Creditors” means, at any relevant time, the holders of
First-Lien Obligations at such time, including, without limitation, the
First-Lien Lenders, the Hedging Creditors, each First-Lien Collateral Agent,
each First-Lien Administrative Agent and the other agents and arrangers under
the First-Lien Credit Agreement.

          “First-Lien Documents” means and includes the First-Lien Loan
Documents and the Hedging Agreements entered into with one or more Hedging
Creditors.

 

Page 5

          “First-Lien Lenders” means the “Lenders” under, and as defined in, the
First-Lien Credit Agreement; provided that the term “First-Lien Lender” shall in
any event include each letter of credit issuer and each swingline lender under
the First-Lien Credit Agreement.

          “First-Lien Loan Documents” means the First-Lien Credit Agreement and
the other Loan Documents (as defined in the First-Lien Credit Agreement) and
each of the other agreements, documents and instruments providing for or
evidencing any other First-Lien Obligation and any other document or instrument
executed or delivered at any time in connection with any First-Lien Obligation
(including any intercreditor or joinder agreement among holders of First-Lien
Obligations but excluding Hedging Agreements), to the extent such are effective
at the relevant time, as each may be amended, modified, restated, supplemented,
replaced and/or Refinanced from time to time.

          “First-Lien Obligations” means (i) all Obligations outstanding under
the First-Lien Credit Agreement and the other First-Lien Loan Documents, and
(ii) all Hedging Obligations. “First-Lien Obligations” shall in any event
include: (a) all interest accrued or accruing (or which would, absent
commencement of an Insolvency or Liquidation Proceeding (and the effect of
provisions such as Section 502(b)(2) of the Bankruptcy Code), accrue) after
commencement of an Insolvency or Liquidation Proceeding in accordance with the
rate specified in the relevant First-Lien Document, whether or not the claim for
such interest is allowed as a claim in such Insolvency or Liquidation
Proceeding, (b) any and all fees and expenses (including attorneys’ and/or
financial consultants’ fees and expenses) incurred by the U.S. First-Lien
Collateral Agent, the U.S. First-Lien Administrative Agent and the other
First-Lien Creditors after the commencement of an Insolvency or Liquidation
Proceeding, whether or not the claim for fees and expenses is allowed under
Section 506(b) of the Bankruptcy Code or any other provision of the Bankruptcy
Code or Bankruptcy Law as a claim in such Insolvency or Liquidation Proceeding
and (c) all obligations and liabilities of each Grantor under each First-Lien
Document to which it is a party which, but for the automatic stay under Section
362(a) of the Bankruptcy Code, would become due. The First-Lien Obligations
shall not include (x) principal of Loans or stated amounts of Letters of Credit
in excess of the Cap Amount as in effect at the time incurred or (y) any amount
in clauses (a) through (c) of the preceding sentence incurred in connection with
the enforcement of the excess amounts referred to in preceding clause (x)
(excluding, in either case, any such excess amounts representing the
capitalization of interest or fees or resulting from fluctuations in currency
values, which excess amounts shall be First-Lien Obligations).

          “First-Lien Required Lenders” means the “Required Lenders” under, and
as defined in, the First-Lien Credit Agreement.

          “First-Lien Security Agreement” means the U.S. Guaranty and Collateral
Agreement, dated as of the date hereof, among Holdings, the Parent Borrower,
RSC, the other Grantors from time to time party thereto and the U.S. First-Lien
Collateral Agent, as the same may be amended, supplemented, restated, modified
and/or Refinanced from time to time.

          “First-Lien Security Documents” means the Security Documents (as
defined in the First-Lien Credit Agreement) and any other agreement, document or
instrument pursuant to which a Lien is granted (or purported to be granted)
securing any First-Lien Obligations or under

 

Page 6

which rights or remedies with respect to such Liens are governed, as the same may be amended,
supplemented, restated, modified and/or Refinanced from time to time,
provided that the term
“First-Lien Security Documents” shall not include the Canadian Security Documents (as such term is
defined in the First-Lien Credit Agreement).

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

          “Grantors” means Holdings, each Borrower (other than RSC Canada or any other Borrower
that is incorporated or organized in Canada or a province thereof) and each of the Subsidiary
Guarantors that have executed and delivered, or may from time to time hereafter execute and
deliver, a First-Lien Security Document or a Second-Lien Security Document.

          “Hedging Agreements” means and includes each Interest Rate Protection Agreement and
each Other Hedging Agreement.

          “Hedging Creditor” means (i) each First-Lien Lender or any affiliate thereof (even if
the respective First-Lien Lender subsequently ceases to be a First-Lien Lender under the First-Lien
Credit Agreement for any reason) party to a Hedging Agreement with any Grantor and (ii) the
respective successors and assigns of each such First-Lien Lender, affiliate or other financial
institution referred to in clause (i) above.

          “Hedging Obligations” means (i) the full and prompt payment when due
(whether at the stated maturity, by acceleration or otherwise) of all
obligations (including obligations which, but for the automatic stay under
Section 362(a) of the Bankruptcy Code, would become due) and liabilities
(including, without limitation, indemnities, fees and interest thereon and all
interest that accrues after the commencement of any Insolvency or Liquidation
Proceeding at the rate provided for in the respective Hedging Agreement, whether
or not a claim for post-petition interest is allowed in any such Insolvency or
Liquidation Proceeding) of each Grantor owing to the Hedging Creditors, now
existing or hereafter incurred under, arising out of or in connection with each
Hedging Agreement (including all such obligations and indebtedness under any
guarantee to which each Grantor is a party) and (ii) the due performance and
compliance by each Grantor with the terms, conditions and agreements of each
Hedging Agreement.

          “Holdings” has the meaning set forth in the preamble hereof.

          “Indebtedness” means and includes all Obligations that constitute
“Indebtedness” within the meaning of the First-Lien Credit Agreement or the
Second-Lien Credit Agreement.

          “Insolvency or Liquidation Proceeding” means (a) any voluntary or
involuntary case or proceeding under the Bankruptcy Code with respect to any
Grantor, (b) any other voluntary or involuntary insolvency, reorganization or
bankruptcy case or proceeding, or any receivership, liquidation, reorganization
or other similar case or proceeding with respect to any

 

Page 7

Grantor or with respect to a material portion of its respective assets, (c) any
liquidation, dissolution, reorganization or winding up of any Grantor whether
voluntary or involuntary and whether or not involving insolvency or bankruptcy
or (d) any assignment for the benefit of creditors or any other marshalling of
assets and liabilities of any Grantor.

          “Interest Rate Protection Agreement” means any interest rate swap
agreement, interest rate cap agreement, interest rate collar agreement, interest
rate hedging agreement or other similar agreement or arrangement.

          “Letters of Credit” means “Letters of Credit” under, and as defined
in, the First-Lien Credit Agreement.

          “Lien” means any mortgage, pledge, hypothecation, assignment, security
deposit arrangement, encumbrance, lien (statutory or other), charge or other
security interest or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including, without
limitation, any conditional sale or other title retention agreement and any
Financing Lease having substantially the same economic effect as any of the
foregoing).

          “Loans” means “Loans” under, and as defined in, the First-Lien Credit
Agreement.

          “Obligations” means any and all obligations (including guaranty
obligations) with respect to the payment and performance of (a) any principal of
or interest or premium on any indebtedness, including any reimbursement
obligation in respect of any letter of credit, or any other liability, including
interest that accrues after the commencement of any Insolvency or Liquidation
Proceeding of any Grantor at the rate provided for in the respective
documentation, whether or not a claim for post-petition interest is allowed in
any such Insolvency or Liquidation Proceeding, (b) any fees, indemnification
obligations, expense reimbursement obligations or other liabilities payable
under the documentation governing any indebtedness (including, without
limitation, the retaking, holding, selling or otherwise disposing of or
realizing on the Collateral), (c) any obligation to post cash collateral in
respect of letters of credit or any other obligations, and (d) all performance
obligations under the documentation governing any indebtedness.

          “Other Hedging Agreement” means any foreign exchange contract,
currency swap agreement, commodity agreement or other similar arrangement
designed to protect against fluctuations in currency values or commodity prices.

          “Parent Borrower” has the meaning set forth in the preamble hereof.

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

          “Pledged Collateral” means Collateral in the possession of the U.S.
First-Lien Collateral Agent (or its agents or bailees), to the extent that
possession thereof is taken to perfect a Lien thereon under the Uniform
Commercial Code.

          “Priority Lien” has the meaning provided in Section 5.1(c) hereof.

 

Page 8

          “Recovery” has the meaning set forth in Section 6.5 hereof.

          “Refinance” means, in respect of any indebtedness, to refinance, extend, renew,
defease, amend, modify, supplement, restructure, replace, refund or repay, or to issue other
indebtedness, in exchange or replacement for, such indebtedness.
“Refinanced” and “Refinancing”
shall have correlative meanings.

          “Remedial Action” has the meaning provided in Section 5.1(a)(i)
hereof.

          “Required First-Lien Creditors” means (i) at all times prior to the
occurrence of the Discharge of First-Lien Credit Agreement Obligations, the
First-Lien Required Lenders (or, to the extent required by the First-Lien Credit
Agreement, each of the First-Lien Lenders), and (ii) at all times after the
occurrence of the Discharge of First-Lien Credit Agreement Obligations, the
holders of at least the majority of the then outstanding Hedging Obligations
(determined by the U.S. First-Lien Collateral Agent in such reasonable manner as
is acceptable to it).

          “RSC” has the meaning set forth in the preamble hereof.

          “RSC Canada” has the meaning set forth in the preamble hereof.

          “Second-Lien Administrative Agent” has the meaning set forth in the
recitals hereof.

          “Second-Lien Collateral” means all of the assets of any Grantor,
whether real, personal or mixed, with respect to which a Lien is granted (or
purported to be granted) as security for any Second-Lien Obligations.

          “Second-Lien Collateral Agent” has the meaning set forth in the
preamble hereof.

          “Second-Lien Credit Agreement” has the meaning set forth in the
recitals hereto.

          “Second-Lien Creditors” means, at any relevant time, the holders of
Second-Lien Obligations at such time, including without limitation the
Second-Lien Lenders, the Second-Lien Collateral Agent, the Second-Lien
Administrative Agent and any other agents and arrangers under the Second-Lien
Credit Agreement.

          “Second-Lien Lenders” means the “Lenders” under, and as defined in,
the Second-Lien Credit Agreement.

          “Second-Lien Loan Documents” means the Second-Lien Credit Agreement and the Loan
Documents (as defined in the Second-Lien Credit Agreement) and each of the other agreements,
documents and instruments providing for or evidencing any other Second-Lien Obligation, and any
other document or instrument executed or delivered at any time in connection with any Second-Lien
Obligation, as the same may be amended, modified or otherwise supplemented from time to time in
accordance with the terms hereof, thereof and the First-Lien Credit Agreement; provided
that any such modification does not increase the aggregate principal amount thereof beyond the
limit set forth in the First-Lien Credit Agreement and is otherwise in accordance with the
provisions of this First-Lien Credit Agreement.

 

Page 9

          “Second-Lien Obligations” means all Obligations outstanding under the
Second-Lien Credit Agreement and the other Second-Lien Loan Documents.
“Second-Lien Obligations” shall in any event include: (a) all interest accrued
or accruing (or which would, absent commencement of an Insolvency or Liquidation
Proceeding (and the effect of provisions such as Section 502(b)(2) of the
Bankruptcy Code), accrue) after commencement of an Insolvency or Liquidation
Proceeding in accordance with the rate specified in the relevant Second-Lien
Loan Document whether or not the claim for such interest is allowed as a claim
in such Insolvency or Liquidation Proceeding, (b) any and all fees and expenses
(including attorneys’ and/or financial consultants’ fees and expenses) incurred
by the Second-Lien Collateral Agent, the Second-Lien Administrative Agent and
the other Second-Lien Creditors after the commencement of an Insolvency or
Liquidation Proceeding, whether or not the claim for fees and expenses is
allowed under Section 506(b) of the Bankruptcy Code or any other provision of
the Bankruptcy Code or Bankruptcy Law as a claim in such Insolvency or
Liquidation Proceeding and (c) all obligations and liabilities of each Grantor
under each Second-Lien Loan Document to which it is a party which, but for the
automatic stay under Section 362(a) of the Bankruptcy Code, would become due.

          “Second-Lien Security Agreement” means the Guaranty and Collateral
Agreement, dated as of the date hereof, among Holdings, each Second-Lien
Borrower, the other Grantors from time to time party thereto and the Second-Lien
Collateral Agent, as the same may be amended, supplemented, restated or
otherwise modified from time to time in accordance with the terms hereof and
thereof.

          “Second-Lien Security Documents” means the Security Documents (as
defined in the Second-Lien Credit Agreement) and any other agreement, document,
mortgage or instrument pursuant to which a Lien is granted (or purported to be
granted) securing any Second-Lien Obligations or under which rights or remedies
with respect to such Liens are governed, as the same may be amended,
supplemented, restated or otherwise modified from time to time in accordance
with the terms hereof and thereof, provided that the term “Second-Lien Security
Documents” shall not include the Canadian Security Documents (as such term is
defined in the First-Lien Credit Agreement).

          “Security Documents” means, collectively, the First-Lien Security
Documents and the Second-Lien Security Documents.

          “Subsidiary”: as to any Person, a corporation, partnership, limited
liability company or other entity (a) of which shares of stock or other
ownership interests having ordinary voting power (other than such stock or such
other ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of
such corporation, partnership, limited liability company or other entity are at
the time owned by such Person, or (b) the management of which is otherwise
controlled, directly or indirectly through one or more intermediaries, or both,
by such Person and, in the case of this clause (b), which is treated as a
consolidated subsidiary for accounting purposes.

          “Subsidiary Guarantors” means each Domestic Subsidiary of Holdings
which enters into a guaranty of any First-Lien Obligations or Second-Lien
Obligations.

 

Page 10

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

          “U.S. First-Lien Administrative Agent” has the meaning provided in the
recitals hereto.

          “U.S. First-Lien Collateral Agent” has the meaning provided in the
preamble hereof.

          1.2 Terms Generally. The definitions of terms herein shall apply
equally to the singular and plural forms of the terms defined. Whenever the
context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms. The words “include”, “includes” and “including” shall
be deemed to be followed by the phrase “without limitation.” The word “will”
shall be construed to have the same meaning and effect as the word “shall”.
Unless the context requires otherwise (a) any definition of or reference to any
agreement, instrument or other document herein shall be construed as referring
to such agreement, instrument or other document as from time to time amended,
supplemented or otherwise modified, (b) any reference herein to any Person shall
be construed to include such Person’s successors and assigns, (c) the words
“herein”, “hereof” and “hereunder”, and words of similar import, shall be
construed to refer to this Agreement in its entirety and not to any particular
provision hereof, (d) the words “asset” and “property” shall be construed to
have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties, including cash, securities, accounts and
contract rights, (e) terms defined in the UCC but not otherwise defined herein
shall have the same meanings herein as are assigned thereto in the UCC, (f)
reference to any law means such law as amended, modified, codified, replaced or
re-enacted, in whole or in part, and in effect on the date hereof, including
rules, regulations, enforcement procedures and any interpretations promulgated
thereunder, and (g) references to Sections or clauses shall refer to sections or
clauses of this Agreement, and any references to a clause shall, unless
otherwise identified, refer to the appropriate clause within the same Section in
which such reference occurs.

          SECTION 2. Priority of Liens.

          2.1 Subordination; Etc. Notwithstanding the date, manner or order of
grant, attachment or perfection of any Liens securing the Second-Lien
Obligations granted on the Collateral or of any Liens securing the First-Lien
Obligations granted on the Collateral and notwithstanding any provision of the
UCC, or any applicable law or the Second-Lien Loan Documents or any other
circumstance whatsoever (including any non-perfection of any Lien purporting to
secure the First-Lien Obligations and/or Second-Lien Obligations), the
Second-Lien Collateral Agent, on behalf of itself and the other Second-Lien
Creditors, and each other Second-Lien Creditor (by its acceptance of the
benefits of the Second-Lien Loan Documents) hereby agrees that: (a) any Lien on
the Collateral securing any First-Lien Obligations now or hereafter held by or
on behalf of the U.S. First-Lien Collateral Agent or any First-Lien Creditors or
any agent or trustee therefor, regardless of how acquired, whether by grant,
possession, statute, operation of law, subrogation or otherwise, shall be senior
in all respects and prior to any Lien on the Collateral securing any of the
Second-Lien Obligations; and (b) any Lien on the Collateral now or hereafter
held by or on behalf of the Second-Lien Collateral Agent, any

 

Page 11

Second-Lien Creditors or any agent or trustee therefor regardless of how
acquired, whether by grant, possession, statute, operation of law, subrogation
or otherwise, shall be junior and subordinate in all respects to all Liens on
the Collateral securing any First-Lien Obligations. All Liens on the Collateral
securing any First-Lien Obligations shall be and remain senior in all respects
and prior to all Liens on the Collateral securing any Second-Lien Obligations
for all purposes, whether or not such Liens securing any First-Lien Obligations
are subordinated to any Lien securing any other obligation of Holdings, the
Parent Borrower, any other Grantor or any other Person. The parties hereto
acknowledge and agree that it is their intent that the First-Lien Obligations
(and the security therefor) constitute a separate and distinct class (and
separate and distinct claims) from the Second-Lien Obligations (and the security
therefor).

          2.2 Prohibition on Contesting Liens. Each of the Second-Lien Collateral Agent, for
itself and on behalf of each Second-Lien Creditor, and U.S. First-Lien Collateral Agent, for itself
and on behalf of each First-Lien Creditor, agrees that it shall not (and hereby waives any right
to) contest or support any other Person in contesting, in any proceeding (including any Insolvency
or Liquidation Proceeding), (i) the validity or enforceability of any Security Document or any
Obligation thereunder, (ii) the validity, perfection, priority or enforceability of the Liens,
mortgages, assignments and security interests granted pursuant to the Security Documents with
respect to the First-Lien Obligations or (iii) the relative rights and duties of the holders of the
First-Lien Obligations and the Second-Lien Obligations granted and/or established in this Agreement
or any other Security Document with respect to such Liens, mortgages, assignments, and security
interests; provided that nothing in this Agreement shall be construed to prevent or impair the
rights of the U.S. First-Lien Collateral Agent or any First-Lien Creditor to enforce this
Agreement, including the priority of the Liens securing the First-Lien Obligations as provided in
Section 3.1 hereof.

          2.3 No New Liens. So long as the Discharge of First-Lien Obligations
has not occurred, the parties hereto agree that neither Holdings nor the Parent
Borrower shall, and shall not permit any other Grantor to, grant or permit any
additional Liens, or take any action to perfect any additional Liens, on any
asset or property to secure any Second-Lien Obligation unless it has also
granted a Lien on such asset or property to secure the First-Lien Obligations
and has taken all actions to perfect such Liens. To the extent that the
foregoing provisions are not complied with for any reason, without limiting any
other rights and remedies available to the U.S. First-Lien Collateral Agent
and/or the other First-Lien Creditors, the Second-Lien Collateral Agent, on
behalf of itself and the other Second-Lien Creditors, and each other Second-Lien
Creditor (by its acceptance of the benefits of the Second-Lien Loan Documents),
agrees that any amounts received by or distributed to any of them pursuant to or
as a result of Liens granted in contravention of this Section 2.3 shall be
subject to Section 4.2 hereof.

          2.4 Similar Liens and Agreements. The parties hereto agree that it is
their intention that the Second-Lien Collateral not be more expansive than the
First-Lien Collateral. In furtherance of the foregoing and of Section 8.9
hereof, the Second-Lien Collateral Agent and the other Second-Lien Creditors
agree, subject to the other provisions of this Agreement:

          (i) upon request by either First-Lien Collateral Agent, to cooperate
in good faith (and to direct their counsel to cooperate in good faith) from
time to time in order to determine the specific items included in the
Second-Lien Collateral and the steps taken to

 

Page 12

perfect the Liens thereon and the identity of the respective parties
obligated under the Second-Lien Loan Documents; and

          (ii) that the guarantees for the First-Lien Obligations and the
Second-Lien Obligations shall be substantially in the same form.

          SECTION 3. Enforcement.

          3.1 Exercise of Remedies. (a) So long as the Discharge of First-Lien Obligations has not
occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against
Holdings, the Parent Borrower or any other Grantor: (i) the Second-Lien Collateral Agent and the
other Second-Lien Creditors will not exercise or seek to exercise any rights or remedies (including
setoff) with respect to any Collateral (including, without limitation, the exercise of any right
under any lockbox agreement, control account agreement, landlord waiver or bailee’s letter or
similar agreement or arrangement to which the Second-Lien Collateral Agent or any Second-Lien
Creditor is a party) or institute or commence, or join with any Person in commencing, any action or
proceeding with respect to such rights or remedies (including any action of foreclosure,
enforcement, collection or execution and any Insolvency or Liquidation Proceeding), and will not
contest, protest or object to any foreclosure proceeding or action brought by either First-Lien
Collateral Agent or any other First-Lien Creditor or any other exercise by either First-Lien
Collateral Agent or any other First-Lien Creditor, of any rights and remedies relating to the
Collateral under the First-Lien Loan Documents or otherwise, or object to the forbearance by the
either First-Lien Collateral Agent or the other First-Lien Creditors from bringing or pursuing any
foreclosure proceeding or action or any other exercise of any rights or remedies relating to the
Collateral; and (ii) the First-Lien Collateral Agents shall have the exclusive right, and the
Required First-Lien Creditors shall have the exclusive right to instruct the First-Lien Collateral
Agents, to enforce rights, exercise remedies (including set-off and the right to credit bid their
debt) and make determinations regarding the release, disposition, or restrictions with respect to
the Collateral without any consultation with or the consent of the Second-Lien Collateral Agent or
any other Second-Lien Creditor, all as though the Second-Lien Obligations did not exist; provided,
that (A) in any Insolvency or Liquidation Proceeding commenced by or against the Parent Borrower or
any other Grantor, the Second-Lien Collateral Agent may file a claim or statement of interest with
respect to the Second-Lien Obligations, (B) the Second-Lien Collateral Agent may take any action
(not adverse to the prior Liens on the Collateral securing the First-Lien Obligations, or the
rights of the First-Lien Collateral Agents or the other First-Lien Creditors to exercise remedies
in respect thereof) in order to preserve or protect their Lien on the Collateral in accordance with
the terms of this Agreement, (C) the Second-Lien Creditors shall be entitled to file any necessary
responsive or defensive pleading in opposition to any motion, claim, adversary proceeding or other
pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of the
Second-Lien Creditors, including any claim secured by the Collateral, if any, in each case in
accordance with the terms of this Agreement, (D) the Second-Lien Creditors may file any pleadings,
objections, motions or agreements which assert rights or interests available to unsecured creditors
of the Grantors arising under either any Insolvency or Liquidation Proceeding or applicable
non-bankruptcy law, in each case not inconsistent with the terms of this Agreement and (E) the
Second-Lien Creditors may vote on any plan of reorganization, file any proof of claim, make other
filings and make any arguments and motions that are, in each case, in accordance with the terms of
this Agreement

 

Page 13

with respect to the Second-Lien Obligations and the Collateral. In exercising
rights and remedies with respect to the Collateral, the First-Lien Collateral
Agents and the other First-Lien Creditors may enforce the provisions of the
First-Lien Loan Documents and exercise remedies thereunder, all in such order
and in such manner as they may determine in the exercise of their sole
discretion. Such exercise and enforcement shall include the rights of an agent
appointed by them to sell or otherwise dispose of Collateral upon foreclosure,
to incur expenses in connection with such sale or disposition, and to exercise
all the rights and remedies of a secured creditor under the Uniform Commercial
Code of any applicable jurisdiction and of a secured creditor under Bankruptcy
Laws of any applicable jurisdiction.

          (b) The Second-Lien Collateral Agent, on behalf of itself and the
Second-Lien Creditors, agrees that it will not take or receive any Collateral or
any proceeds of Collateral in connection with the exercise of any right or
remedy (including setoff) with respect to any Collateral, unless and until the
Discharge of First-Lien Obligations has occurred. Without limiting the
generality of the foregoing, unless and until the Discharge of First-Lien
Obligations has occurred, the sole right of the Second-Lien Collateral Agent and
the other Second-Lien Creditors with respect to the Collateral is to hold a Lien
on the Collateral pursuant to the Second-Lien Security Documents for the period
and to the extent granted therein and to receive a share of the proceeds
thereof, if any, after the Discharge of the First-Lien Obligations has occurred
in accordance with the terms of the Second-Lien Loan Documents and applicable
law.

          (c) The Second-Lien Collateral Agent, for itself and on behalf of the Second-Lien Creditors,
and each other Second-Lien Creditor (by its acceptance of the benefits of the Second-Lien Loan
Documents), (i) agrees that the Second-Lien Collateral Agent and the other Second-Lien Creditors
will not take any action that would hinder, delay, limit or prohibit any exercise of remedies under
the First-Lien Loan Documents, including any collection, sale, lease, exchange, transfer or other
disposition of the Collateral, whether by foreclosure or otherwise, or that would limit,
invalidate, avoid or set aside any Lien or Security Document or subordinate the priority of the
First-Lien Obligations to the Second-Lien Obligations or grant the Liens securing the Second-Lien
Obligations equal ranking to the Liens securing the First-Lien Obligations and (ii) hereby waives
any and all rights it or the Second-Lien Creditors may have as a junior lien creditor or otherwise
(whether arising under the UCC or under any other law) to object to the manner in which any
First-Lien Collateral Agent or the other First-Lien Creditors seek to enforce or collect the
First-Lien Obligations or the Liens granted in any of the First-Lien Collateral, regardless of
whether any action or failure to act by or on behalf of any First-Lien Collateral Agent or
First-Lien Creditors is adverse to the interest of the Second-Lien Creditors.

          (d) The Second-Lien Collateral Agent hereby acknowledges and agrees
that no covenant, agreement or restriction contained in the Second-Lien Security
Documents or any other Second-Lien Loan Document shall be deemed to restrict in
any way the rights and remedies of any First-Lien Collateral Agent or the other
First-Lien Creditors with respect to the Collateral as set forth in this
Agreement and the First-Lien Loan Documents.

          (e) Notwithstanding anything to the contrary in preceding clauses (a)
through (d) of this Section 3.1, at any time while a payment default exists with
respect to the Second-Lien Obligations following the final maturity of the
Second-Lien Obligations, or the acceleration by the relevant Second-Lien
Creditors of the maturity of all then outstanding Second-Lien

 

Page 14

Obligations, and in either case so long as 180 days have elapsed after notice thereof (and
requesting that enforcement action be taken with respect to the Collateral) has been received by
the U.S. First-Lien Collateral Agent and so long as the respective payment default shall not have
been cured or waived (or the respective acceleration rescinded), the Second-Lien Collateral Agent,
for itself and on behalf of the Second-Lien Creditors, and the other Second-Lien Creditors may, but
only if the U.S. First-Lien Collateral Agent or the First-Lien Creditors are not pursuing
enforcement preceding with respect to the Collateral in a commercially reasonable manner (with any
determination of which Collateral to proceed against, and in what order, to be made by the U.S.
First-Lien Collateral Agent or such First-Lien Creditors in their reasonable judgment), enforce the
Liens on Collateral granted pursuant to the Second-Lien Security Documents, provided that (x) any
Collateral or any proceeds of Collateral received by the Second-Lien Collateral Agent or such other
Second-Lien Creditor, as the case may be, in connection with the enforcement of such Lien shall be
applied in accordance with Section 4 hereof and (y) the U.S. First-Lien Collateral Agent or any
other First-Lien Creditors may at any time take over such enforcement proceedings, provided that
the U.S. First-Lien Collateral Agent or such First-Lien Creditors, as the case may be, pursues
enforcement proceedings with respect to the Collateral in a commercially reasonably manner, with
any determination of which Collateral to proceed against, and in what order, to be made by the U.S.
First-Lien Collateral Agent or such First-Lien Creditors in their reasonable judgment, and provided
further that the Second-Lien Collateral Agent or Second-Lien Creditors, as the case may be, shall
only be able to recoup (from amounts realized by the U.S. First-Lien Collateral Agent or any
First-Lien Creditors) in any enforcement proceeding with respect to the Collateral (whether
initiated by the U.S. First-Lien Collateral Agent or First-Lien Creditors or taken over by them as
contemplated above) any expenses incurred by them in accordance with the priorities set forth in
Section 4 hereof.

          SECTION 4. Payments.

          4.1 Application of Proceeds. So long as the Discharge of First-Lien
Obligations has not occurred, any proceeds of any Collateral pursuant to the
enforcement of any Security Document or the exercise of any remedial provision
thereunder, together with all other proceeds received by any Creditor (including
all funds received in respect of post-petition interest or fees and expenses) as
a result of any such enforcement or the exercise of any such remedial provision
or as a result of any distribution of or in respect of any Collateral (whether
or not expressly characterized as such) upon or in any Insolvency or Liquidation
Proceeding with respect to any Grantor, or the application of any Collateral (or
proceeds thereof) to the payment thereof or any distribution of Collateral (or
proceeds thereof) upon the liquidation or dissolution of any Grantor, shall be
applied by the U.S. First-Lien Collateral Agent to the First-Lien Obligations in
such order as specified in the relevant First-Lien Security Document. Upon the
Discharge of the First-Lien Obligations, the U.S. First-Lien Collateral Agent
shall deliver to the Second-Lien Collateral Agent any proceeds of Collateral
held by it in the same form as received, with any necessary endorsements or as a
court of competent jurisdiction may otherwise direct, to be applied by the
Second-Lien Collateral Agent to the Second-Lien Obligations in such order as
specified in the Second-Lien Security Documents.

          4.2 Payments Over. Until such time as the Discharge of First-Lien
Obligations has occurred, any Collateral or proceeds thereof (together with
assets or proceeds subject to Liens referred to in the final sentence of Section
2.3 hereof) (or any distribution in

 

Page 15

respect of the Collateral, whether or not expressly characterized as such)
received by the Second-Lien Collateral Agent or any other Second-Lien Creditors
in connection with the exercise of any right or remedy (including set-off)
relating to the Collateral or otherwise that is inconsistent with this Agreement
shall be segregated and held in trust and forthwith paid over to the U.S.
First-Lien Collateral Agent for the benefit of the First-Lien Creditors in the
same form as received, with any necessary endorsements or as a court of
competent jurisdiction may otherwise direct. U.S. First-Lien Collateral Agent is
hereby authorized to make any such endorsements as agent for the Second-Lien
Collateral Agent or any such other Second-Lien Creditors. This authorization is
coupled with an interest and is irrevocable until such time as this Agreement is
terminated in accordance with its terms.

          SECTION 5. Other Agreements.

          5.1 Releases.

          (a) If, in connection with:

               (i) the exercise of the U.S. First-Lien Collateral Agent’s
remedies in respect of the Collateral provided for in Section 3.1 hereof,
including any sale, lease, exchange, transfer or other disposition of any such
Collateral (any of the foregoing, a “Remedial Action”);

               (ii) any sale, lease, exchange, transfer or other disposition
(any of the foregoing, a “Disposition”) of any Collateral permitted under the
terms of the First-Lien Loan Documents (whether or not an “event of default”
thereunder or under any Second-Lien Loan Document has occurred and is
continuing); or

               (iii) any agreement (not contravening the First-Lien Loan
Documents) between the U.S. First-Lien Collateral Agent and the Parent Borrower
or any other Grantor (x) to release the U.S. First-Lien Collateral Agent’s Lien
on any portion of the Collateral (other than in connection with, or in
anticipation of, a Discharge of First-Lien Credit Agreement Obligations or a
Discharge of First-Lien Obligations) or (y) to release any Grantor from its
obligations under its guaranty of the First-Lien Obligations (other than in
connection with, or in anticipation of, a Discharge of First-Lien Credit
Agreement Obligations or a Discharge of First-Lien Obligations);

there occurs the release by the U.S. First-Lien Collateral Agent, acting on its own or at the
direction of the Required First-Lien Creditors, of any of its Liens on any part of the Collateral,
or of any Grantor from its obligations under its guaranty of the First-Lien Obligations, then the
Liens, if any, of the Second-Lien Collateral Agent, for itself and for the benefit of the
Second-Lien Creditors, on such Collateral, and the obligations of such Grantor under its guaranty
of the Second-Lien Obligations, shall be automatically, unconditionally and simultaneously
released, and the Second-Lien Collateral Agent, for itself or on behalf of any such Second-Lien
Creditors, promptly shall execute and deliver to the U.S. First-Lien Collateral Agent or such
Grantor such termination statements, releases and other documents as U.S. First-Lien Collateral
Agent or such Grantor may request to effectively confirm such release; provided
however that if an “event of default” then exists under the Second-Lien Credit Agreement
and the Discharge of First-Lien Obligations occurs concurrently with any such release, the
Second-Lien Collateral Agent (on behalf of the Second-Lien Creditors) shall be entitled to receive
the residual cash or cash

 

Page 16

equivalents (if any) remaining after giving effect to such release and the
Discharge of the First-Lien Obligations.

          (b) Until the Discharge of First-Lien Obligations occurs, the
Second-Lien Collateral Agent, for itself and on behalf of the Second-Lien
Creditors, hereby irrevocably constitutes and appoints the U.S. First-Lien
Collateral Agent and any officer or agent of the U.S. First-Lien Collateral
Agent, with full power of substitution, as its true and lawful attorney-in-fact
with full irrevocable power and authority in the place and stead of the
Second-Lien Collateral Agent or such other Second-Lien Creditor or in the U.S.
First-Lien Collateral Agent’s own name, from time to time in the U.S. First-Lien
Collateral Agent’s discretion, for the purpose of carrying out the terms of this
Section 5.1, to take any and all appropriate action and to execute any and all
documents and instruments which may be necessary or desirable to accomplish the
purposes of this Section 5.1, including any endorsements or other instruments of
transfer or release.

          (c) If, prior to the Discharge of First-Lien Obligations, a
subordination of the U.S. First-Lien Collateral Agent’s Lien on any Collateral
is permitted (or in good faith believed by the U.S. First-Lien Collateral Agent
to be permitted) under the First-Lien Credit Agreement to another Lien permitted
under the First-Lien Credit Agreement (a “Priority Lien”), then the U.S.
First-Lien Collateral Agent is authorized to execute and deliver a subordination
agreement with respect thereto in form and substance satisfactory to it, and the
Second-Lien Collateral Agent, for itself and on behalf of the Second-Lien
Creditors, shall promptly execute and deliver to such First-Lien Collateral
Agent or the relevant Grantor an identical subordination agreement subordinating
the Liens of the Second-Lien Collateral Agent for the benefit of the Second-Lien
Creditors to such Priority Lien.

          5.2 Insurance. Unless and until the Discharge of First-Lien Obligations has occurred,
the U.S. First-Lien Collateral Agent (acting at the direction of the Required First-Lien Creditors)
shall have the sole and exclusive right, subject to the rights of the Grantors under the First-Lien
Loan Documents, to adjust settlement for any insurance policy covering the Collateral in the event
of any loss thereunder and to approve any award granted in any condemnation or similar proceeding
(or any deed in lieu of condemnation) affecting the Collateral. Unless and until the Discharge of
First-Lien Obligations has occurred, and subject to the rights of the Grantors under the First-Lien
Security Documents, all proceeds of any such policy and any such award (or any payments with
respect to a deed in lieu of condemnation) in respect to the Collateral shall be paid to the U.S.
First-Lien Collateral Agent for the benefit of the First-Lien Creditors pursuant to the terms of
the First-Lien Loan Documents (including, without limitation, for purposes of cash
collateralization of commitments, letters of credit and Hedging Agreements) and, after the
Discharge of First-Lien Obligations has occurred, to the Second-Lien Collateral Agent for the
benefit of the Second-Lien Creditors to the extent required under the Second-Lien Security
Documents and then, to the extent no Second-Lien Obligations are outstanding, to the owner of the
subject property, such other Person as may be entitled thereto or as a court of competent
jurisdiction may otherwise direct. If the Second-Lien Collateral Agent or any other Second-Lien
Creditors shall, at any time, receive any proceeds of any such insurance policy or any such award
or payment in contravention of this Agreement, it shall pay such proceeds over to the U.S.
First-Lien Collateral Agent in accordance with the terms of Section 4.2 of this Agreement.

 

Page 17

          5.3 Amendments to First-Lien Loan Documents and Second-Lien Loan Documents.

          (a) The First-Lien Loan Documents may be amended, restated,
supplemented or otherwise modified in accordance with their terms and the
First-Lien Credit Agreement may be Refinanced, in each case, without notice to,
or the consent of, the Second-Lien Collateral Agent or the other Second-Lien
Creditors, all without affecting the lien subordination or other provisions of
this Agreement; provided, however, that any such amendment, supplement,
modification or Refinancing of the First-Lien Credit Agreement shall not,
without the consent of the Second-Lien Collateral Agent increase the maximum
aggregate principal of Loans and stated amount of Letters of Credit thereunder
to an amount in excess of the Cap Amount.

          (b) Without the prior written consent of the U.S. First-Lien
Collateral Agent (acting at the direction of the Required First-Lien Creditors),
no Second-Lien Loan Document may be amended, supplemented or otherwise modified
or entered into to the extent such amendment, supplement or modification, or the
terms of any new Second-Lien Loan Document, would contravene the provisions of
this Agreement or any First-Lien Loan Document. Each of Holdings, the Parent
Borrower and each other Guarantor agrees that each Second-Lien Security Document
shall include the following language (or language to similar effect approved by
the U.S. First-Lien Collateral Agent):

“Notwithstanding anything herein to the contrary, the lien and security interest granted to
the Second-Lien Collateral Agent pursuant to this Agreement and the exercise of any right or remedy
by the Second-Lien Collateral Agent hereunder are subject to the provisions of the Intercreditor
Agreement, dated as of November 27, 2006 (as amended, restated, supplemented or otherwise modified
from time to time in accordance with the terms thereof, the “Intercreditor Agreement”),
among RSC Holdings II, LLC, RSC Holdings III, LLC, Rental Service Corporation, each other Grantor
party thereto from time to time, Deutsche Bank AG, New York Branch (“DBNY”), as U.S.
First-Lien Collateral Agent and DBNY, as Second-Lien Collateral Agent and certain other persons
party or that may become party thereto from time to time. In the event of any conflict between the
terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement
shall govern and control.”

In addition, each of Holdings, the Parent Borrower and each other Grantor agrees
that each Second-Lien Security Document covering any Collateral shall contain
such other language as the U.S. First-Lien Collateral Agent may reasonably
request to reflect the subordination of such Second-Lien Security Document to
the First-Lien Security Document covering such Collateral.

          (c) In the event the U.S. First-Lien Collateral Agent or the other
First-Lien Creditors and the relevant Grantor(s) enter into any amendment,
waiver or consent in respect of any of the First-Lien Security Documents for the
purpose of adding to, or deleting from, or waiving or consenting to any
departures from any provisions of, any First-Lien Security Document or changing
in any manner the rights of the U.S. First-Lien Collateral Agent, the other
First-Lien Creditors, the Parent Borrower or any other Grantor thereunder, then
such amendment, waiver or consent shall apply automatically to any comparable
provision of the

 

Page 18

Second-Lien Credit Agreement and the Comparable Second-Lien Security Document
without the consent of the Second-Lien Collateral Agent or the other Second-Lien
Creditors and without any action by the Second-Lien Collateral Agent, the Parent
Borrower or any other Grantor, provided, that (A) no such amendment, waiver or
consent shall have the effect of (i) removing assets subject to the Lien of the
Second-Lien Security Documents, except to the extent that a release of such Lien
is permitted by Section 5.1 of this Agreement, (ii) imposing additional duties
on the Second-Lien Collateral Agent without its consent, or (iii) permitting
other liens on the Collateral not permitted under the terms of the Second-Lien
Loan Documents or Section 6 hereof and (B) notice of such amendment, waiver or
consent shall have been given to the Second-Lien Collateral Agent (although the
failure to give any such notice shall in no way affect the effectiveness of any
such amendment, waiver or consent).

          5.4 Rights As Unsecured Creditors. Except as otherwise set forth in
this Agreement, the Second-Lien Collateral Agent and the other Second-Lien
Creditors may exercise rights and remedies as unsecured creditors against
Holdings, the Parent Borrower or any other Grantor that has guaranteed the
Second-Lien Obligations in accordance with the terms of the Second-Lien Loan
Documents and applicable law. Except as otherwise set forth in this Agreement,
nothing in this Agreement shall prohibit the receipt by the Second-Lien
Collateral Agent or any other Second-Lien Creditors of the required payments of
interest and principal on the Second-Lien Obligations so long as such receipt is
not the direct or indirect result of the exercise by the Second-Lien Collateral
Agent or any other Second-Lien Creditor of rights or remedies as a secured
creditor (including set-off) or enforcement in contravention of this Agreement
of any Lien held by any of them. In the event the Second-Lien Collateral Agent
or any other Second-Lien Creditor becomes a judgment lien creditor in respect of
Collateral as a result of its enforcement of its rights as an unsecured
creditor, such judgment lien shall be subordinated to the Liens securing
First-Lien Obligations on the same basis as the other Liens securing the
Second-Lien Obligations are so subordinated to such First-Lien Obligations under
this Agreement. Nothing in this Agreement impairs or otherwise adversely affects
any rights or remedies the First-Lien Collateral Agents or the other First-Lien
Creditors may have with respect to the First-Lien Collateral.

          5.5 Bailee for Perfection.

          (a) The U.S. First-Lien Collateral Agent agrees to acquire and
acknowledges it holds the Pledged Collateral or other Collateral in its
possession or control (or in the possession or control of its agents or bailees)
on behalf of itself and the Second-Lien Collateral Agent and any assignee solely
for the purpose of perfecting the security interest granted under the First-Lien
Loan Documents and the Second-Lien Loan Documents, subject to the terms and
conditions of this Section 5.5.

          (b) Until the Discharge of First-Lien Obligations has occurred, the
U.S. First-Lien Collateral Agent shall be entitled to deal with the Pledged
Collateral in accordance with the terms of the First-Lien Loan Documents as if
the Liens of the Second-Lien Collateral Agent under the Second-Lien Security
Documents did not exist. The rights of the Second-Lien Collateral Agent shall at
all times be subject to the terms of this Agreement and to the U.S. First-Lien
Collateral Agent’s rights under the First-Lien Loan Documents.

 

Page 19

          (c) The U.S. First-Lien Collateral Agent shall have no obligation
whatsoever to the First-Lien Creditors and the Second-Lien Collateral Agent or
any Second-Lien Creditor to assure that the Pledged Collateral is genuine or
owned by any of the Grantors or to preserve rights or benefits of any Person
except as expressly set forth in this Section 5.5. The duties or
responsibilities of the U.S. First-Lien Collateral Agent under this Section 5.5
shall be limited solely to holding the Pledged Collateral as bailee in
accordance with this Section 5.5.

          (d) The U.S. First-Lien Collateral Agent acting pursuant to this
Section 5.5 shall not have by reason of the First-Lien Security Documents, the
Second-Lien Security Documents, this Agreement or any other document a fiduciary
relationship in respect of the First-Lien Creditors, the Second-Lien Collateral
Agent or any other Second-Lien Creditor.

          (e) Upon the Discharge of the First-Lien Obligations, the U.S.
First-Lien Collateral Agent shall deliver the remaining Pledged Collateral (if
any) (or proceeds thereof) together with any necessary endorsements, first, to
the Second-Lien Collateral Agent, if any Second-Lien Obligations remain
outstanding, and second, to the Parent Borrower or the relevant Grantor if no
First-Lien Obligations or Second-Lien Obligations remain outstanding (in each
case, so as to allow such Person to obtain control of such Pledged Collateral).
The U.S. First-Lien Collateral Agent further agrees to take all other action
reasonably requested by such Person in connection with such Person’s obtaining a
first-priority interest in the Collateral or as a court of competent
jurisdiction may otherwise direct.

          5.6 When Discharge of First-Lien Obligations Deemed to Not Have Occurred. If at any
time after the Discharge of First-Lien Obligations has occurred, the Parent Borrower or any other
Grantor immediately thereafter enters into any Refinancing of any First-Lien Loan Document
evidencing a First-Lien Obligation which Refinancing is permitted hereby, then such Discharge of
First-Lien Obligations shall automatically be deemed not to have occurred for all purposes of this
Agreement, and the obligations under such Refinancing First-Lien Loan Document shall automatically
be treated as First-Lien Obligations for all purposes of this Agreement, including for purposes of
the Lien priorities and rights in respect of Collateral set forth herein, and the first-lien
collateral agent under such First-Lien Loan Documents shall be the U.S. First-Lien Collateral Agent
for all purposes of this Agreement. Upon receipt of a notice stating that the Parent Borrower or
any other Grantor has entered into a new First-Lien Loan Document (which notice shall include the
identity of the new agent, such agent, the “New Agent”), the Second-Lien Collateral Agent shall
promptly enter into such documents and agreements (including amendments or supplements to this
Agreement) as the Parent Borrower or any other Grantor or such New Agent may reasonably request in
order to provide to the New Agent the rights contemplated hereby, in each case consistent in all
material respects with the terms of this Agreement.

          5.7 Option to Purchase First-Lien Debt. (a) Without prejudice to the
enforcement of remedies by the First-Lien Creditors, any Person or Persons (in
each case who must meet all eligibility standards contained in all relevant
First-Lien Loan Documents) at any time or from time to time designated by the
holders of more than 50% in aggregate outstanding principal amount of the
Second-Lien Obligations as being entitled to exercise all default purchase
options as to the Second-Lien Obligations then outstanding (an “Eligible
Purchaser”) shall have the right to purchase by way of assignment (and shall
thereby also assume all

 

Page 20

commitments and duties of the First-Lien Creditors), at any time during the exercise period
described in clause (c) below of this Section 5.7, all, but not less than all, of the First-Lien
Obligations (other than the First-Lien Obligations of a Defaulting Creditor), including all
principal of and accrued and unpaid interest and fees on and all prepayment or acceleration
penalties and premiums in respect of all First-Lien Obligations outstanding at the time of
purchase; provided that at the time of (and as a condition to) any purchase pursuant to
this Section 5.7, all commitments pursuant to any then outstanding First-Lien Credit Agreement
shall have terminated and all Hedging Agreements constituting First-Lien Documents shall also have
been terminated in accordance with their terms. Any purchase pursuant to this Section 5.7(a) shall
be made as follows:

          (1) for (x) a purchase price equal to the sum of (A) in the case of
all loans, advances or other similar extensions of credit that constitute
First-Lien Obligations (including unreimbursed amounts drawn in respect of
Letters of Credit, but excluding the undrawn amount of then outstanding
Letters of Credit), the greater of (I) 100% and (II) the then current
market-based price, of the principal amount thereof and all accrued and
unpaid interest thereon through the date of purchase (without regard,
however, to any acceleration prepayment penalties or premiums other than
customary breakage costs), (B) in the case of any Hedging Agreement, the
aggregate amount then owing to each counter party in respect of such
Hedging Agreement thereunder pursuant to the terms of the respective
Hedging Agreement, as the case may be, including without limitation all
amounts owing to such counter party as a result of the termination (or
early termination) thereof plus (C) all accrued and unpaid fees, expenses,
indemnities and other amounts through the date of purchase; and (y) an
obligation on the part of the respective Eligible Purchasers (which shall
be expressly provided in the assignment documentation described below) to
(i) reimburse each issuing lender (or any First-Lien Creditor required to
pay same) for all amounts thereafter drawn with respect to any Letters of
Credit constituting First-Lien Obligations which remain outstanding after
the date of any purchase pursuant to this Section 5.7, together with all
facing fees and other amounts which may at any future time be owing to the
respective issuing lender with respect to such Letters of Credit, and (ii)
pay over to the First-Lien Creditors any amounts recovered by such Eligible
Purchasers on account of any acceleration prepayment premiums or penalties
with respect to the First-Lien Obligations;

          (2) with the purchase price described in preceding clause (a)(1)(x)
payable in cash on the date of purchase against transfer to the respective
Eligible Purchaser or Eligible Purchasers (without recourse and without any
representation or warranty whatsoever, whether as to the enforceability of
any First-Lien Obligation or the validity, enforceability, perfection,
priority or sufficiency of any Lien securing, or guarantee or other
supporting obligation for, any First-Lien Obligation or as to any other
matter whatsoever, except the representation and warranty that the
transferor owns free and clear of all Liens and encumbrances (other than
participation interests not prohibited by the First-Lien Credit Agreement,
in which case the purchase price described in preceding clause (a)(1)(x)
shall be appropriately adjusted so that the Eligible Purchaser or Eligible
Purchasers do not pay amounts represented by any participation interest
which remains in effect), and has the right to convey, whatever claims and
interests it may have in respect of the First-Lien Obligations); provided
that the purchase price in respect of any

 

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outstanding Letter of Credit that remains undrawn on the date of purchase
shall be payable in cash as and when such Letter of Credit is drawn upon
(i) first, from the cash collateral account described in clause (a)(3)
below, until the amounts contained therein have been exhausted, and (ii)
thereafter, directly by the respective Eligible Purchaser or Eligible
Purchasers;

          (3) with such purchase accompanied by a deposit of cash collateral
under the sole dominion and control of the U.S. First-Lien Collateral Agent
or its designee in an amount equal to 110% of the sum of the aggregate
undrawn amount of all then outstanding Letters of Credit pursuant to the
First-Lien Loan Documents and the aggregate facing and similar fees which
will accrue thereon through the stated maturity of the Letters of Credit
(assuming no drawings thereon before stated maturity), as security for the
respective Eligible Purchaser’s or Eligible Purchasers’ obligation to pay
amounts as provided in preceding clause (a)(1)(y), it being understood and
agreed that (x) at the time any facing or similar fees are owing to an
issuer with respect to any Letter of Credit, the U.S. First-Lien Collateral
Agent may apply amounts deposited with it as described above to pay same
and (y) upon any drawing under any Letter of Credit, the U.S. First-Lien
Collateral Agent shall apply amounts deposited with it as described above
to repay the respective unpaid drawing. After giving effect to any payment
made as described above in this clause (3), those amounts (if any) then on
deposit with the U.S. First-Lien Collateral Agent as described in this
clause (3) which exceed 110% of the sum of the aggregate undrawn amount of
all then outstanding Letters of Credit and the aggregate facing and similar
fees (to the respective issuers) which will accrue thereon through the
stated maturity of the then outstanding Letters of Credit (assuming no
drawings thereon before stated maturity), shall be returned to the
respective Eligible Purchaser or Eligible Purchasers (as their interests
appear). Furthermore, at such time as all Letters of Credit have been
cancelled, expired or been fully drawn, as the case may be, and after all
applications described above have been made, any excess cash collateral
deposited as described above in this clause (3) (and not previously applied
or released as provided above) shall be returned to the respective Eligible
Purchaser or Eligible Purchasers, as their interests appear;

          (4) with the purchase price described in preceding clause (a)(1)(x)
accompanied by a waiver by the Second-Lien Collateral Agent (on behalf of
itself and the other Second-Lien Creditors) of all claims arising out of
this Agreement and the transactions contemplated hereby as a result of
exercising the purchase option contemplated by this Section 5.7;

          (5) with all amounts payable to the various First-Lien Creditors in
respect of the assignments described above to be distributed to them by the
U.S. First-Lien Collateral Agent in accordance with their respective
holdings of the various First-Lien Obligations; and

          (6) with such purchase to be made pursuant to assignment documentation
in form and substance reasonably satisfactory to, and prepared by counsel
for, the U.S. First-Lien Collateral Agent (with the cost of such counsel to
be paid by the Grantors or, if the Grantors do not make such payment, by
the respective Eligible Purchaser or Eligible

 

Page 22

Purchasers, who shall have the right to obtain reimbursement of same from
the Grantors); it being understood and agreed that the U.S. First-Lien
Collateral Agent and each other First-Lien Creditor shall retain all rights
to indemnification as provided in the relevant First-Lien Loan Documents
for all periods prior to any assignment by them pursuant to the provisions
of this Section 5.7 (although the security interests securing same shall,
following such purchase, be subordinated to the security interest of the
Eligible Purchasers making such purchase). The relevant assignment
documentation shall also provide that, if for any reason (other than the
gross negligence or willful misconduct of the U.S. First-Lien Collateral
Agent (as determined by a court of competent jurisdiction in a final and
non-appealable judgment)), the amount of cash collateral held by the U.S.
First-Lien Collateral Agent or its designee pursuant to preceding clause
(a)(3) is at any time less than the full amounts owing with respect to any
Letter of Credit described above (including facing and similar fees) then
the respective Eligible Purchaser or Eligible Purchasers shall promptly
reimburse the U.S. First-Lien Collateral Agent (who shall pay the
respective issuing bank) the amount of deficiency.

          (b) The right to exercise the purchase option described in Section 5.7(a) above shall be
exercisable and legally enforceable upon at least seven Business Days’ prior written notice of
exercise (which notice, once given, shall be irrevocable and fully binding on the respective
Eligible Purchaser or Eligible Purchasers) given to the U.S. First-Lien Collateral Agent by an
Eligible Purchaser. Neither the U.S. First-Lien Collateral Agent nor any other First-Lien Creditor
shall have any disclosure obligation to any Eligible Purchaser, the Second-Lien Collateral Agent or
any other Second-Lien Creditor in connection with any exercise of such purchase option.

          (c) The right to purchase the First-Lien Obligations as described in this Section 5.7 may be
exercised (by giving the irrevocable written notice described in preceding clause (b)) during the
period that (1) begins on the date occurring three Business Days after the first to occur of (x)
the date of the acceleration of the final maturity of the Loans under the First-Lien Credit
Agreement, (y) the occurrence of the final maturity of the Loans under the First-Lien Credit
Agreement or (z) the occurrence of an Insolvency or Liquidation Proceeding with respect to a
First-Lien Borrower (other than RSC Canada or any other Borrower that is incorporated in Canada or
a province thereof) which constitutes an event of default under the First-Lien Credit Agreement (in
each case, so long as the acceleration, failure to pay amounts due at final maturity or such
Insolvency or Liquidation Proceeding constituting an event of default has not been rescinded or
cured within such 10 Business Day Period, and so long as any unpaid amounts constituting First-Lien
Obligations remain owing); provided that if there is any failure to meet the condition
described in the proviso of preceding clause (a) hereof, the aforementioned date shall be extended
until the first date upon which such condition is satisfied and (2) ends on the 90th day after the
start of the period described in clause (1) above.

          (d) The obligations of the First-Lien Creditors to sell their
respective First-Lien Obligations under this Section 5.7 are several and not
joint and several. To the extent any First-Lien Creditor (a “Defaulting
Creditor”) breaches its obligation to sell its First-Lien Obligations under this
Section 5.7, nothing in this Section 5.7 shall be deemed to require the
First-Lien Collateral Agent or any other First-Lien Creditor to purchase such
Defaulting Creditor’s First-Lien Obligations for resale to the holders of
Second-Lien Obligations and in all

 

Page 23

cases, the U.S. First-Lien Collateral Agent and each First-Lien Creditor
complying with the terms of this Section 5.7 shall not be deemed to be in
default of this Agreement or otherwise be deemed liable for any action or
inaction of any Defaulting Creditor; provided that nothing in this clause (d)
shall require any Eligible Purchaser to purchase less than all of the First-Lien
Obligations.

          (e) Each Grantor irrevocably consents to any assignment effected to
one or more Eligible Purchasers pursuant to this Section 5.7 (so long as they
meet all eligibility standards contained in all relevant First-Lien Loan
Documents, other than obtaining the consent of any Grantor to an assignment to
the extent required by such First-Lien Loan Documents) for purposes of all
First-Lien Loan Documents and hereby agrees that no further consent from such
Grantor shall be required.

          SECTION 6. Insolvency or Liquidation Proceedings.

          6.1 Finance and Sale Issues. (a) If the Parent Borrower or any other
Grantor shall be subject to any Insolvency or Liquidation Proceeding and the
U.S. First-Lien Collateral Agent (acting at the direction of the Required
First-Lien Creditors) shall desire to permit the use of Cash Collateral (as
defined in Section 363(a) of the Bankruptcy Code) on which the U.S. First-Lien
Collateral Agent or any other creditor of the Parent Borrower or any other
Grantor has a Lien or to permit the Parent Borrower or any other Grantor to
obtain financing (including on a priming basis), whether from the First-Lien
Creditors or any other third party under Section 362, 363 or 364 of the
Bankruptcy Code or any other Bankruptcy Law (each, a “Post-Petition Financing”),
then the Second-Lien Collateral Agent, on behalf of itself and the Second-Lien
Creditors, and each other Second-Lien Creditor (by its acceptance of the
benefits of the Second-Lien Loan Documents), agrees that it will not oppose or
raise any objection to or contest, or join with or support any third party
opposing, objecting to or contesting (and each Second-Lien Creditor hereby shall
be deemed to have consented to), such use of Cash Collateral or Post-Petition
Financing and will not request adequate protection or any other relief in
connection therewith (except as expressly agreed in writing by the U.S.
First-Lien Collateral Agent or to the extent permitted by Section 6.3 hereof)
and, to the extent the Liens securing the First-Lien Obligations are
subordinated to or pari passu with such Post-Petition Financing, its Liens on
the Collateral shall be deemed to be subordinated, without any further action on
the part of any person or entity, to the Liens securing such Post-Petition
Financing (and all Obligations relating thereto), and the Liens securing the
Second-Lien Obligations shall have the same priority with respect to the
Collateral relative to the Liens securing the First-Lien Obligations as if such
Post-Petition Financing had not occurred.

          (b) The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, and each other Second-Lien Creditor (by its
acceptance of the benefits of the Second-Lien Loan Documents), agrees that it
will raise no objection to, oppose or contest (or join with or support any third
party opposing, objecting to or contesting), a sale or other disposition of any
Collateral free and clear of its Liens or other claims under Section 363 of the
Bankruptcy Code if the First-Lien Creditors have consented to such sale or
disposition of such assets.

 

Page 24

          6.2 Relief from the Automatic Stay. Until the Discharge of First-Lien
Obligations has occurred, the Second-Lien Collateral Agent, on behalf of itself
and the other Second-Lien Creditors, and each other Second-Lien Creditor (by its
acceptance of the benefits of the Second-Lien Loan Documents), agrees that none
of them shall seek relief, pursuant to Section 362(d) of the Bankruptcy Code or
otherwise, from the automatic stay of Section 362(a) of the Bankruptcy Code or
from any other stay in any Insolvency or Liquidation Proceeding in respect of
the Collateral, without the prior written consent of the U.S. First-Lien
Collateral Agent.

          6.3 Adequate Protection. The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, and each other Second-Lien Creditor (by its acceptance of the benefits
of the Second-Lien Loan Documents), agrees that none of them shall (i) oppose, object to or contest
(or join with or support any third party opposing, objecting to or contesting) (a) any request by
the U.S. First-Lien Collateral Agent or the other First-Lien Creditors for adequate protection in
any Insolvency or Liquidation Proceeding (or any granting of such request) or (b) any objection by
the U.S. First-Lien Collateral Agent or the other First-Lien Creditors to any motion, relief,
action or proceeding based on the U.S. First-Lien Collateral Agent or the other First-Lien
Creditors claiming a lack of adequate protection or (ii) seek or accept any form of adequate
protection under any of Sections 362, 363 and/or 364 of the Bankruptcy Code with respect to the
Collateral, except to the extent that, in the sole discretion of the First-Lien Creditors, the
receipt by the Second-Lien Creditors of any such adequate protection would not reduce (or would not
have the effect of reducing) or adversely affect the adequate protection that the First-Lien
Creditors otherwise would be entitled to receive (it being understood that, in any event, (A) no
adequate protection shall be requested or accepted by the Second-Lien Creditors or by the
Second-Lien Collateral Agent on their behalf unless the First-Lien Creditors are satisfied in their
sole discretion with the adequate protection afforded to the First-Lien Creditors, and (B) any such
adequate protection is in the form of a replacement Lien on the Grantors’ assets, such Lien will be
subordinated to the Liens securing the First-Lien Obligations (including any replacement Liens
granted in respect of the First-Lien Obligations) and any Post-Petition Financing (and all
Obligations relating thereto) on the same basis as the other Liens securing the Second-Lien
Obligations are so subordinated to the First-Lien Obligations under this Agreement.

          6.4 No Waiver; Voting Rights. Nothing contained herein shall prohibit
or in any way limit the U.S. First-Lien Collateral Agent or any First-Lien
Creditor from objecting on any basis in any Insolvency or Liquidation Proceeding
or otherwise to any action taken by the Second-Lien Collateral Agent or any
other Second-Lien Creditor, including the seeking by the Second-Lien Collateral
Agent or any other Second-Lien Creditor of adequate protection or the assertion
by the Second-Lien Collateral Agent or any other Second-Lien Creditors of any of
its rights and remedies under the Second-Lien Loan Documents or otherwise. In
any Insolvency or Liquidation Proceeding, neither the Second-Lien Collateral
Agent nor any other Second-Lien Creditor shall (i) oppose, object to, or vote
against any plan of reorganization or disclosure statement, or join with or
support any third party in doing so, to the extent the terms of such plan or
disclosure statement comply with the following clause (ii) and are otherwise
consistent with the rights of the First-Lien Creditors under this Agreement or
(ii) support or vote for any plan of reorganization or disclosure statement of
any Grantor unless (x) such plan provides for the payment in full in cash of all
First-Lien Obligations (including all post-petition interest, fees and

 

Page 25

expenses as provided in Section 6.6 hereof) on the effective date of such plan of reorganization,
or (y) such plan provides on account of the First-Lien Obligations for the retention by the U.S.
First-Lien Collateral Agent, for the benefit of the First-Lien Creditors, of the Liens on the
Collateral securing the First-Lien Obligations, and on all proceeds thereof, and such plan also
provides that any Liens retained by, or granted to, the Second-Lien Collateral Agent are only on
assets or property securing the First-Lien Obligations and shall have the same relative priority
with respect to the Collateral or other assets or property, respectively, as provided in this
Agreement with respect to the Collateral, and to the extent such plan provides for deferred cash
payments, or for the distribution of any other property of any kind or nature, on account of the
First-Lien Obligations or the Second-Lien Obligations, such plan provides that any such deferred
cash payments or other distributions in respect of the Second-Lien Obligations shall be delivered
to the U.S. First-Lien Collateral Agent and distributed in accordance with the priorities provided
in Section 4.1(a) hereof, it being understood that, in the event that any plan is proposed by any
debtor, creditor, or other party in interest in any such Insolvency or Liquidation Proceeding that
is inconsistent with or purports to alter the provisions of this Agreement (including the
provisions of Section 4.1(a) hereof and the priority of application of the proceeds of Collateral
set forth therein), the U.S. First-Lien Collateral Agent shall be deemed to have been granted, as
of the date hereof, an irrevocable power of attorney to vote the claims of the Second-Lien
Creditors against any such plan, with such appointment being coupled with an interest, and the U.S.
First-Lien Collateral Agent shall be deemed the “holder” of such claims within the meaning of
Section 1126(a) of the Bankruptcy Code. Except as provided in this Section 6, the Second-Lien
Creditors shall remain entitled to vote their claims in any such Insolvency or Liquidation
Proceeding.

          6.5 Preference Issues. If any First-Lien Creditor is required in any
Insolvency or Liquidation Proceeding or otherwise to turn over or otherwise pay
to the estate of the Parent Borrower or any other Grantor any amount (a
“Recovery”), then the First-Lien Obligations shall be reinstated to the extent
of such Recovery and the First-Lien Creditors shall be entitled to a
reinstatement of First-Lien Obligations with respect to all such recovered
amounts. If this Agreement shall have been terminated prior to such Recovery,
this Agreement shall be reinstated in full force and effect, and such prior
termination shall not diminish, release, discharge, impair or otherwise affect
the obligations of the parties hereto from such date of reinstatement. Any
amounts received by the Second-Lien Collateral Agent or any Second-Lien Creditor
on account of the Second-Lien Obligations after the termination of this
Agreement shall, in the event of a reinstatement of this Agreement pursuant to
this Section 6.5, be held in trust for and paid over to the U.S. First-Lien
Collateral Agent for the benefit of the First-Lien Creditors, for application to
the reinstated First-Lien Obligations. This Section 6.5 shall survive
termination of this Agreement.

          6.6 Post-Petition Interest.

          (a) Neither the Second-Lien Collateral Agent nor any other Second-Lien
Creditor shall oppose or seek to challenge any claim by the U.S. First-Lien
Collateral Agent or any First-Lien Creditor for allowance in any Insolvency or
Liquidation Proceeding of First-Lien Obligations consisting of post-petition
interest, fees or expenses. Regardless of whether any such claim for
post-petition interest, fees or expenses is allowed or allowable, and without
limiting the generality of the other provisions of this Agreement, this
Agreement expressly is

 

Page 26

intended to include and does include the “rule of explicitness” in that this
Agreement expressly entitles the First-Lien Creditors, and is intended to
provide the First-Lien Creditors with the right, to receive payment of all
post-petition interest, fees or expenses through distributions made pursuant to
the provisions of this Agreement even though such interest, fees and expenses
are not allowed or allowable against the bankruptcy estate of the Parent
Borrower or any other Grantor under Section 502(b)(2) or Section 506(b) of the
Bankruptcy Code or under any other provision of the Bankruptcy Code or any other
Bankruptcy Law.

          (b) Without limiting the foregoing, it is the intention of the parties
hereto that (and to the maximum extent permitted by law the parties hereto agree
that) the First-Lien Obligations (and the security therefor) constitute a
separate and distinct class (and separate and distinct claims) from the
Second-Lien Obligations (and the security therefor).

          6.7 Waiver. The Second-Lien Collateral Agent, for itself and on behalf
of the other Second-Lien Creditors, waives any claim it may hereafter have
against any First-Lien Creditor arising out of the election by any First-Lien
Creditor of the application to the claims of any First-Lien Creditor of Section
1111(b)(2) of the Bankruptcy Code, and/or out of any Cash Collateral or
Post-Petition Financing arrangement or out of any grant of a security interest
in connection with the Collateral in any Insolvency or Liquidation Proceeding.

          6.8 Limitations. So long as the Discharge of First-Lien Obligations
has not occurred, without the express written consent of the U.S. First-Lien
Collateral Agent, none of the Second-Lien Creditors shall (or shall join with or
support any third party making, opposing, objecting or contesting, as the case
may be), in any Insolvency or Liquidation Proceeding involving any Grantor, (i)
make an election for application to its claims of Section 1111(b)(2) of the
Bankruptcy Code, (ii) oppose, object to or contest the determination of the
extent of any Liens held by any of the First-Lien Creditors or the value of any
claims of First-Lien Creditors under Section 506(a) of the Bankruptcy Code or
(iii) oppose, object to or contest the payment to the First-Lien Creditors of
interest, fees or expenses under Section 506(b) of the Bankruptcy Code.

          SECTION 7. Reliance; Waivers; Etc.

          7.1 Reliance. Other than any reliance on the terms of this Agreement,
the U.S. First-Lien Collateral Agent, on behalf of itself and the First-Lien
Creditors under the First-Lien Loan Documents, acknowledges that it and the
other First-Lien Creditors have, independently and without reliance on the
Second-Lien Collateral Agent or any other Second-Lien Creditor, and based on
documents and information deemed by them appropriate, made their own credit
analysis and decision to enter into such First-Lien Documents and be bound by
the terms of this Agreement and they will continue to make their own credit
decision in taking or not taking any action under any First-Lien Document and
this Agreement. The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, acknowledges that it and the Second-Lien Creditors
have, independently and without reliance on the U.S. First-Lien Collateral Agent
or any other First-Lien Creditor, and based on documents and information deemed
by them appropriate, made their own credit analysis and decision to enter into
each of the Second-Lien Loan Documents and be bound by the terms of this
Agreement and they will

 

Page 27

continue to make their own credit decision in taking or not taking any action
under the Second-Lien Loan Documents and this Agreement.

          7.2 No Warranties or Liability. The U.S. First-Lien Collateral Agent,
on behalf of itself and the First-Lien Creditors under the First-Lien Documents,
acknowledges and agrees that each of the Second-Lien Collateral Agent and the
other Second-Lien Creditors have made no express or implied representation or
warranty, including with respect to the execution, validity, legality,
completeness, collectibility or enforceability of any of the Second-Lien Loan
Documents, the ownership of any Collateral or the perfection or priority of any
Liens thereon. The Second-Lien Creditors will be entitled to manage and
supervise their respective loans and extensions of credit under the Second-Lien
Loan Documents in accordance with law and as they may otherwise, in their sole
discretion, deem appropriate. The Second-Lien Collateral Agent, on behalf of
itself and the Second-Lien Creditors, acknowledges and agrees that each of the
U.S. First-Lien Collateral Agent and the other First-Lien Creditors have made no
express or implied representation or warranty, including with respect to the
execution, validity, legality, completeness, collectibility or enforceability of
any of the First-Lien Documents, the ownership of any Collateral or the
perfection or priority of any Liens thereon. The First-Lien Creditors will be
entitled to manage and supervise their respective loans and extensions of credit
under their respective First-Lien Documents in accordance with law and as they
may otherwise, in their sole discretion, deem appropriate. The Second-Lien
Collateral Agent and the other Second-Lien Creditors shall have no duty to the
U.S. First-Lien Collateral Agent or any of the other First-Lien Creditors, and
the U.S. First-Lien Collateral Agent and the other First-Lien Creditors shall
have no duty to the Second-Lien Collateral Agent or any of the other Second-Lien
Creditors, to act or refrain from acting in a manner which allows, or results
in, the occurrence or continuance of an event of default or default under any
agreements with Holdings, the Parent Borrower or any other Grantor (including
under the First-Lien Documents and the Second-Lien Loan Documents), regardless
of any knowledge thereof which they may have or be charged with.

          7.3 No Waiver of Lien Priorities.

          (a) No right of the First-Lien Creditors, the U.S. First-Lien
Collateral Agent or any of them to enforce any provision of this Agreement or
any First-Lien Document shall at any time in any way be prejudiced or impaired
by any act or failure to act on the part of Holdings, the Parent Borrower or any
other Grantor or by any act or failure to act by any First-Lien Creditor or the
U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the
terms, provisions and covenants of this Agreement, any of the First-Lien
Documents or any of the Second-Lien Loan Documents, regardless of any knowledge
thereof which the U.S. First-Lien Collateral Agent or the other First-Lien
Creditors, or any of them, may have or be otherwise charged with.

          (b) Without in any way limiting the generality of the foregoing
paragraph (but subject to the rights of the Parent Borrower, RSC Canada and the
other Grantors under the First-Lien Documents), the First-Lien Creditors, the
U.S. First-Lien Collateral Agent and any of them may, at any time and from time
to time in accordance with the First-Lien Documents and/or applicable law,
without the consent of, or notice to, the Second-Lien Collateral Agent or any
other Second-Lien Creditor, without incurring any liabilities to the Second-Lien
Collateral Agent or any other Second-Lien Creditor and without impairing or
releasing the Lien priorities and

 

Page 28

other benefits provided in this Agreement (even if any right of subrogation or
other right or remedy of the Second-Lien Collateral Agent or any Second-Lien
Creditors is affected, impaired or extinguished thereby) do any one or more of
the following:

          (i) make loans and advances to any Grantor or issue,
guaranty or obtain letters of credit for account of any Grantor or
otherwise extend credit to any Grantor, in any amount and on any
terms, whether pursuant to a commitment or as a discretionary advance
and whether or not any default or event of default or failure of
condition is then continuing;

          (ii) change the manner, place or terms of payment or change
or extend the time of payment of, or amend, renew, exchange, increase
or alter, the terms of any of the First-Lien Obligations or any Lien
on any First-Lien Collateral or guaranty thereof or any liability of
the Parent Borrower or any other Grantor, or any liability incurred
directly or indirectly in respect thereof (including any increase in
or extension of the First-Lien Obligations, without any restriction as
to the amount, tenor or terms of any such increase or extension) or
otherwise amend, renew, exchange, extend, modify or supplement in any
manner any Liens held by the First-Lien Collateral Agents or any of
the First-Lien Creditors, the First-Lien Obligations or any of the
First-Lien Documents;

          (iii) sell, exchange, release, surrender, realize upon,
enforce or otherwise deal with in any manner and in any order any part
of the First-Lien Collateral or any liability of the Parent Borrower
or any other Grantor to the First-Lien Creditors or the U.S.
First-Lien Collateral Agent, or any liability incurred directly or
indirectly in respect thereof;

          (iv) settle or compromise any First-Lien Obligation or any
other liability of the Parent Borrower or any other Grantor or any
security therefor or any liability incurred directly or indirectly in
respect thereof and apply any sums by whomsoever paid and however
realized to any liability (including the First-Lien Obligations) in
any manner or order;

          (v) exercise or delay in or refrain from exercising any
right or remedy against the Parent Borrower or any other Grantor or
any other Person or with respect to any security, elect any remedy and
otherwise deal freely with the Parent Borrower, any other Grantor or
any First-Lien Collateral and any security and any guarantor or any
liability of the Parent Borrower or any other Grantor to the
First-Lien Creditors or any liability incurred directly or indirectly
in respect thereof; and

          (vi) release or discharge any First-Lien Obligation or any
guaranty thereof or any agreement or obligation of any Grantor or any
other person or entity with respect thereto.

          (c) The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, and each other Second-Lien Creditor (by its
acceptance of the benefits of

 

Page 29

the Second-Lien Loan Documents), agrees not to assert and hereby waives, to the
fullest extent permitted by law, any right to demand, request, plead or
otherwise assert or otherwise claim the benefit of, any marshalling, appraisal,
valuation or other similar right that may otherwise be available under
applicable law with respect to the Collateral or any other similar rights a
junior secured creditor may have under applicable law.

          7.4 Waiver of Liability; Indemnity.

          (a) The Second-Lien Collateral Agent, on behalf of itself and the other Second-Lien Creditors,
also agrees that the First-Lien Creditors and the U.S. First-Lien Collateral Agent shall have no
liability to the Second-Lien Collateral Agent or any other Second-Lien Creditors, and the
Second-Lien Collateral Agent, on behalf of itself and the Second-Lien Creditors, hereby waives any
claim against any First-Lien Creditor or the U.S. First-Lien Collateral Agent, arising out of any
and all actions which the First-Lien Creditors or the U.S. First-Lien Collateral Agent may take or
permit or omit to take with respect to: (i) the First-Lien Documents (including, without
limitation, any failure to perfect or obtain perfected security interests in the First-Lien
Collateral), (ii) the collection of the First-Lien Obligations or (iii) the foreclosure upon, or
sale, liquidation or other disposition of, any First-Lien Collateral. The Second-Lien Collateral
Agent, on behalf of itself and the other Second-Lien Creditors, agrees that the First-Lien
Creditors and the U.S. First-Lien Collateral Agent have no duty, express or implied, fiduciary or
otherwise, to them in respect of the maintenance or preservation of the First-Lien Collateral, the
First-Lien Obligations or otherwise. Neither the U.S. First-Lien Collateral Agent nor any other
First-Lien Creditor nor any of their respective directors, officers, employees or agents will be
liable for failure to demand, collect or realize upon any of the Collateral or for any delay in
doing so, or will be under any obligation to sell or otherwise dispose of any Collateral upon the
request of the Borrower or any other Grantor or upon the request of the Second-Lien Collateral
Agent, any other holder of Second-Lien Obligations or any other Person or to take any other action
whatsoever with regard to the Collateral or any part thereof. Without limiting the foregoing, each
Second-Lien Creditor by accepting the benefits of the Second-Lien Security Documents agrees that
neither the U.S. First-Lien Collateral Agent nor any other First-Lien Creditor (in directing the
Collateral Agent to take any action with respect to the Collateral) shall have any duty or
obligation to realize first upon any type of Collateral or to sell, dispose of or otherwise
liquidate all or any portion of the Collateral in any manner, including as a result of the
application of the principles of marshaling or otherwise, that would maximize the return to any
class of Creditors holding Obligations of any type (whether First-Lien Obligations or Second-Lien
Obligations), notwithstanding that the order and timing of any such realization, sale, disposition
or liquidation may affect the amount of proceeds actually received by such class of Creditors from
such realization, sale, disposition or liquidation.

          (b) With respect to its share of the Obligations, Deutsche Bank AG,
New York Branch (“Bank”) shall have and may exercise the same rights and powers
hereunder as, and shall be subject to the same obligations and liabilities as
and to the extent set forth herein for, any other Creditor, all as if Bank were
not the U.S. First-Lien Collateral Agent or the Second-Lien Collateral Agent.
The term “Creditors” or any similar term shall, unless the context clearly
otherwise indicates, include Bank in its individual capacity as a Creditor. Bank
and its affiliates may lend money to, and generally engage in any kind of
business with, the Grantors or any of

 

Page 30

their Affiliates as if Bank were not acting as the U.S. First-Lien Collateral
Agent or Second-Lien Collateral Agent and without any duty to account therefor
to any other Creditor.

          7.5 Obligations Unconditional. All rights, interests, agreements and
obligations of the U.S. First-Lien Collateral Agent and the other First-Lien
Creditors and the Second-Lien Collateral Agent and the other Second-Lien
Creditors, respectively, hereunder (including the Lien priorities established
hereby) shall remain in full force and effect irrespective of:

          (a) any lack of validity or enforceability of any First-Lien
Document or any Second-Lien Loan Document;

          (b) any change in the time, manner or place of payment of,
or in any other terms of, all or any of the First-Lien Obligations or
Second-Lien Obligations, or any amendment or waiver or other
modification, including any increase in the amount thereof, whether by
course of conduct or otherwise, of the terms of any First-Lien
Document or any Second-Lien Loan Document;

          (c) any exchange of any security interest in any Collateral
or any other collateral, or any amendment, waiver or other
modification, whether in writing or by course of conduct or otherwise,
of all or any of the First-Lien Obligations or Second-Lien Obligations
or any guarantee thereof;

          (d) the commencement of any Insolvency or Liquidation
Proceeding in respect of the Parent Borrower or any other Grantor; or

          (e) any other circumstances which otherwise might constitute
a defense available to, or a discharge of, the Parent Borrower or any
other Grantor in respect of the First-Lien Obligations, or of the
Second-Lien Collateral Agent or any Second-Lien Creditor in respect of
this Agreement.

          SECTION 8. Miscellaneous.

          8.1 Conflicts. In the event of any conflict between the provisions of
this Agreement and the provisions of the First-Lien Documents or the Second-Lien
Loan Documents, the provisions of this Agreement shall govern and control.

          8.2 Effectiveness; Continuing Nature of this Agreement; Severability.
This Agreement shall become effective when executed and delivered by the parties
hereto. This is a continuing agreement of lien subordination and the First-Lien
Creditors may continue, at any time and without notice to the Second-Lien
Collateral Agent or any other Second-Lien Creditor, to extend credit and other
financial accommodations and lend monies to or for the benefit of the Parent
Borrower or any other Grantor constituting First-Lien Obligations in reliance
hereon. The Second-Lien Collateral Agent, on behalf of itself and the other
Second-Lien Creditors, hereby waives any right it may have under applicable law
to revoke this Agreement or any of the provisions of this Agreement. The terms
of this Agreement shall survive, and shall continue in full force and effect, in
any Insolvency or Liquidation Proceeding. Without limiting the generality of the
foregoing, this Agreement is intended to constitute and shall be deemed to

 

Page 31

constitute a “subordination agreement” within the meaning of Section 510(a) of
the Bankruptcy Code and is intended to be and shall be interpreted to be
enforceable to the maximum extent permitted pursuant to applicable nonbankruptcy
law. Any provision of this Agreement which is prohibited or unenforceable in any
jurisdiction shall not invalidate the remaining provisions hereof, and any such
prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. All references to
the Parent Borrower or any other Grantor shall include the Parent Borrower or
such Grantor as debtor and debtor-in-possession and any receiver or trustee for
the Parent Borrower or any other Grantor (as the case may be) in any Insolvency
or Liquidation Proceeding. This Agreement shall terminate and be of no further
force and effect, (i) with respect to the Second-Lien Collateral Agent, the
other Second-Lien Creditors and the Second-Lien Obligations, upon the later of
(1) the date upon which the obligations under the Second-Lien Credit Agreement
terminate if there are no other Second-Lien Obligations outstanding on such date
and (2) if there are other Second-Lien Obligations outstanding on such date, the
date upon which such Second-Lien Obligations terminate and (ii) with respect to
the U.S. First-Lien Collateral Agent, the other First-Lien Creditors and the
First-Lien Obligations, the date of the Discharge of First-Lien Obligations,
subject to the rights of the First-Lien Creditors under Section 6.5.

          8.3 Amendments; Waivers. No amendment, modification or waiver of any of the provisions
of this Agreement by the Second-Lien Collateral Agent or the U.S. First-Lien Collateral Agent shall
be made unless the same shall be in writing signed on behalf of each party hereto; provided
that (x) the U.S. First-Lien Collateral Agent (at the direction of the Required First-Lien
Creditors) may, without the written consent of any other Creditor, agree to modifications of this
Agreement for the purpose of securing additional extensions of credit (including pursuant to the
First-Lien Credit Agreement or any Refinancing or extension thereof) and adding new creditors as
“First-Lien Creditors” and “Creditors” hereunder, so long as such extensions (and
resulting additions) do not otherwise give rise to a violation of the express terms of the
First-Lien Credit Agreement or the Second-Lien Credit Agreement and (y) additional Grantors may be
added as parties hereto in accordance with the provisions of Section 8.18 of this Agreement. Each
waiver of the terms of this Agreement, if any, shall be a waiver only with respect to the specific
instance involved and shall not impair the rights of the parties making such waiver or the
obligations of the other parties to such party in any other respect or at any other time.
Notwithstanding the foregoing, no Grantor shall have any right to consent to or approve any
amendment, modification or waiver of any provision of this Agreement except to the extent its
rights, interests, liabilities or privileges are directly affected.

          8.4 Information Concerning Financial Condition of Holdings and its Subsidiaries. The U.S. First-Lien Collateral Agent and the First-Lien Creditors,
on the one hand, and the Second-Lien Collateral Agent and the other Second-Lien
Creditors, on the other hand, shall each be responsible for keeping themselves
informed of (a) the financial condition of Holdings and its Subsidiaries and all
endorsers and/or guarantors of the First-Lien Obligations or the Second-Lien
Obligations and (b) all other circumstances bearing upon the risk of nonpayment
of the First-Lien Obligations or the Second-Lien Obligations. The U.S.
First-Lien Collateral Agent and the other First-Lien Creditors shall have no
duty to advise the Second-Lien Collateral Agent or any other Second-Lien
Creditor of information known to it or them regarding such condition or any such
circumstances or otherwise. In the event the U.S. First-Lien Collateral Agents
or any of the other First-Lien Creditors, in its or their sole discretion,

 

Page 32

undertakes at any time or from time to time to provide any such information to
the Second-Lien Collateral Agent or any other Second-Lien Creditor, it or they
shall be under no obligation (w) to make, and the U.S. First-Lien Collateral
Agent and the other First-Lien Creditors shall not make, any express or implied
representation or warranty, including with respect to the accuracy,
completeness, truthfulness or validity of any such information so provided, (x)
to provide any additional information or to provide any such information on any
subsequent occasion, (y) to undertake any investigation or (z) to disclose any
information which, pursuant to accepted or reasonable commercial finance
practices, such party wishes to maintain confidential or is otherwise required
to maintain confidential.

          8.5 Subrogation. Subject to the Discharge of First-Lien Obligations,
with respect to the value of any payments or distributions in cash, property or
other assets that the Second-Lien Creditors or Second-Lien Collateral Agent pay
over to the U.S. First-Lien Collateral Agent or any of the other First-Lien
Creditors under the terms of this Agreement, the Second-Lien Creditors and the
Second-Lien Collateral Agent shall be subrogated to the rights of the U.S.
First-Lien Collateral Agent and such other First-Lien Creditors;
provided that,
the Second-Lien Collateral Agent, on behalf of itself and the Second-Lien
Creditors, hereby agrees not to assert or enforce all such rights of subrogation
it may acquire as a result of any payment hereunder until the Discharge of
First-Lien Obligations has occurred. Each of Holdings, the Parent Borrower and
each other Grantor acknowledges and agrees that, the value of any payments or
distributions in cash, property or other assets received by the Second-Lien
Collateral Agent or the other Second-Lien Creditors and paid over to the U.S.
First-Lien Collateral Agent or the other First-Lien Creditors pursuant to, and
applied in accordance with, this Agreement, shall not relieve or reduce any of
the Obligations owed by the Parent Borrower or any other Grantor under the
Second-Lien Loan Documents.

          8.6 Application of Payments. All payments received by the U.S.
First-Lien Collateral Agent or the other First-Lien Creditors may be applied,
reversed and reapplied, in whole or in part, to such part of the First-Lien
Obligations as the First-Lien Creditors, in their sole discretion, deem
appropriate. The Second-Lien Collateral Agent, on behalf of itself and the
Second-Lien Creditors, assents to any extension or postponement of the time of
payment of the First-Lien Obligations or any part thereof and to any other
indulgence with respect thereto, to any substitution, exchange or release of any
security which may at any time secure any part of the First-Lien Obligations and
to the addition or release of any other Person primarily or secondarily liable
therefor.

          8.7 SUBMISSION TO JURISDICTION; WAIVERS. (a) EACH PARTY HERETO HEREBY
IRREVOCABLY AND UNCONDITIONALLY:

               (i) SUBMITS FOR ITSELF AND ITS PROPERTY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT, OR FOR RECOGNITION AND ENFORCEMENT OF ANY
JUDGMENT IN RESPECT THEREOF, TO THE NON-EXCLUSIVE GENERAL JURISDICTION OF THE
COURTS OF THE STATE OF NEW YORK, THE COURTS OF THE UNITED STATES OF AMERICA
LOCATED IN THE COUNTY OF NEW YORK, AND APPELLATE COURTS FROM ANY THEREOF;

 

Page 33

               (ii) CONSENTS THAT ANY SUCH ACTION OR PROCEEDING MAY BE BROUGHT
IN SUCH COURTS AND WAIVES ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE
VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR
PROCEEDING WAS BROUGHT IN AN INCONVENIENT FORUM AND AGREES NOT TO PLEAD OR CLAIM
THE SAME;

               (iii) AGREES THAT SERVICE OF PROCESS IN ANY SUCH ACTION OR
PROCEEDING MAY BE EFFECTED BY MAILING A COPY THEREOF BY REGISTERED OR CERTIFIED
MAIL (OR ANY SUBSTANTIALLY SIMILAR FORM OF MAIL), POSTAGE PREPAID, TO THE
APPLICABLE PARTY HERETO AT THE ADDRESS SET FORTH ACROSS SUCH PARTY’S SIGNATURE
HERETO OR AT SUCH OTHER ADDRESS OF WHICH SUCH PARTY SHALL HAVE BEEN NOTIFIED IN
ACCORDANCE WITH SECTION 8.8 HEREOF PURSUANT;

               (iv) AGREES THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT
SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT THE RIGHT
TO SUE IN ANY OTHER JURISDICTION; AND

               (v) WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY
RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY LEGAL ACTION OR PROCEEDING REFERRED
TO IN THIS SUBSECTION ANY CONSEQUENTIAL OR PUNITIVE DAMAGES.

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

          8.8 Notices. All notices to the Second-Lien Creditors and the
First-Lien Creditors permitted or required under this Agreement may be sent to
the Second-Lien Collateral Agent and the U.S. First-Lien Collateral Agent,
respectively. Unless otherwise specifically provided herein, any notice or other
communication herein required or permitted to be given shall be in writing and
may be personally served, sent by courier service or U.S. mail or sent by means
of telecopy and shall be deemed to have been duly given or made when delivered
by hand, or three days after being deposited in the mail, postage prepaid, or,
in the case of telecopy notice, when received, or, in the case of delivery by a
nationally recognized overnight courier, when received. For the purposes hereof,
the addresses of the parties hereto shall be as set across each party’s
signature hereto, or, as to each party, at such other address as may be
designated by such party in a written notice to all of the other parties.

          8.9 Further Assurances. Each of the U.S. First-Lien Collateral Agent,
on behalf of itself and the First-Lien Creditors under the First-Lien Documents,
the Second-Lien Collateral Agent, on behalf of itself and the Second-Lien
Creditors, Holdings, the Parent Borrower and each Grantor, agrees that each of
them shall take such further action and shall execute and deliver such
additional documents and instruments (in recordable form, if requested) as the
U.S. First-Lien Collateral Agent or the Second-Lien Collateral Agent may
reasonably

 

Page 34

request to effectuate the terms of and the lien priorities contemplated by this
Agreement. Each Second-Lien Creditor, by its acceptance of the benefits of the
Second-Lien Loan Documents, agrees to be bound by the agreements herein made by
it and the Second-Lien Collateral Agent, on its behalf.

          8.10 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          8.11 Binding on Successors and Assigns. This Agreement shall be
binding upon the U.S. First-Lien Collateral Agent, the other First-Lien
Creditors, the Second-Lien Collateral Agent, the other Second-Lien Creditors and
their respective successors and assigns.

          8.12 Specific Performance. Each of the U.S. First-Lien Collateral
Agent and the Second-Lien Collateral Agent may demand specific performance of
this Agreement. Each of the U.S. First-Lien Collateral Agent, on behalf of
itself and the First-Lien Creditors under the First-Lien Documents, and the
Second-Lien Collateral Agent, on behalf of itself and the other Second-Lien
Creditors, hereby irrevocably waives any defense based on the adequacy of a
remedy at law and any other defense which might be asserted to bar the remedy of
specific performance in any action which may be brought by the U.S. First-Lien
Collateral Agent or the Second-Lien Collateral Agent, as the case may be.

          8.13 Headings. Section headings in this Agreement are included herein
for convenience of reference only and shall not constitute a part of this
Agreement for any other purpose or be given any substantive effect.

          8.14 Counterparts. This Agreement may be executed in counterparts (and
by different parties hereto in different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract. Delivery of an executed counterpart of a signature page of this
Agreement or any document or instrument delivered in connection herewith by
telecopy (or other electronic transmission, i.e. “pdf”) shall be effective as
delivery of a manually executed counterpart of this Agreement or such other
document or instrument, as applicable.

          8.15 Authorization. By its signature, each Person executing this
Agreement on behalf of a party hereto represents and warrants to the other
parties hereto that it is duly authorized to execute this Agreement. Each
Second-Lien Creditor, by its acceptance of the benefits of the Second-Lien Loan
Documents, agrees to be bound by the agreements made herein.

          8.16 No Third Party Beneficiaries; Effect of Agreement. This Agreement
and the rights and benefits hereof shall inure to the benefit of each of the
parties hereto and its respective successors and assigns and shall inure to the
benefit of each of the First-Lien Creditors and the Second-Lien Creditors. No
other Person shall have or be entitled to assert rights or benefits hereunder.
Nothing in this Agreement shall impair, as between each of the Grantors and the
U.S. First-Lien Collateral Agent and the First-Lien Creditors, on the one hand,
and each of

 

Page 35

the Grantors and the Second-Lien Collateral and the Second-Lien Creditors, on
the other hand, the obligations of each Grantor to pay principal, interest, fees
and other amounts as provided in the First-Lien Documents and the Second-Lien
Loan Documents, respectively.

          8.17 Provisions Solely to Define Relative Rights. The provisions of
this Agreement are and are intended solely for the purpose of defining the
relative rights of the First-Lien Creditors on the one hand and the Second-Lien
Creditors on the other hand. None of the Parent Borrower, any other Grantor or
any other creditor thereof shall have any rights hereunder. Nothing in this
Agreement is intended to or shall impair the obligations of the Parent Borrower
or any other Grantor, which are absolute and unconditional, to pay the
First-Lien Obligations and the Second-Lien Obligations as and when the same
shall become due and payable in accordance with their terms.

          8.18 Grantors; Additional Grantors. It is understood and agreed that
Holdings, the Parent Borrower and each other Grantor on the date of this
Agreement shall constitute the original Grantors hereto. The original Grantors
hereby covenant and agree to cause each Subsidiary of Holdings which becomes a
Subsidiary Guarantor after the date hereof to contemporaneously become a party
hereto (as a Grantor) by executing delivering a counterpart hereof to the U.S.
First-Lien Collateral Agent or by executing and delivering an assumption
agreement in form and substance reasonably satisfactory to the U.S. First-Lien
Collateral Agent. The parties hereto further agree that, notwithstanding any
failure to take the actions required by the immediately preceding sentence, each
Person which becomes a Subsidiary Guarantor at any time (and any security
granted by any such Person) shall be subject to the provisions hereof as fully
as if same constituted a Grantor party hereto and had complied with the
requirements of the immediately preceding sentence.

          8.19 Exclusive Collateral. (a) For avoidance of doubt, it is
understood and agreed that RSC Canada, the other the Canadian Borrowers (as
defined in the First-Lien Credit Agreement) and various Canadian Subsidiaries
that guarantee (or may in the future guarantee) First-Lien Obligations incurred
by RSC Canada and such other Canadian Borrowers and Canadian Subsidiaries have
granted (or in the future shall grant) security interests in certain of their
property securing only their First-Lien Obligations (the “First-Lien Exclusive
Collateral”), and that as of the date of this Agreement, no such security
interests have been provided by RSC Canada, any other Canadian Borrowers or any
other such Canadian Subsidiaries to secure any Second-Lien Obligations. It is
understood and agreed by all parties hereto that this Agreement (other than
Sections 2.2, 2.3 and provisions dealing with First-Lien Exclusive Collateral)
does not apply to any security interests granted by RSC Canada, the other
Canadian Borrowers or any other Canadian Subsidiary to secure such First-Lien
Obligations, and that any assets or property pledged by RSC Canada, the other
Canadian Borrowers or any other Canadian Subsidiary to secure (or which are
subject to a Lien to secure) any First-Lien Obligations shall not be subject to
the terms or provisions of this Agreement (and shall not require that parallel
security interests be granted in support of the Second-Lien Obligations).

 

  

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

	 	 	 	 	 	 	 
	 	 	First-Lien Collateral Agent	 	 
	 
	 	 	 	 	 	 
	Notice Address:

60 Wall Street

New York, New York 10005

	 	 DEUTSCHE BANK AG, NEW YORK BRANCH,

in its capacity as U.S. First-Lien
Collateral Agent

By:	 	 
	 

	 	 	 	 	 	 
	Telephone: (212) 250-6150

Telecopier: (212) 797-4655

Attention: Marguerite Sutton

	 	 	 	Name:	 	 
	 	 	 	Title:	 	 
	 	 	 	 	 	 
	 	By:	 	 	 	 
	 	 	 	 

Name:
	 	 
	 	 	 	Title:	 	 
	 	 	 	 	 	 
	 	 	Second-Lien Collateral Agent	 	 
	 
	 	 	 	 	 	 
	Notice Address:

60 Wall Street

New York, New York 10005

Telephone: (212) 250-6150

Telecopier: (212) 797-4655

	 	DEUTSCHE BANK AG, NEW YORK BRANCH,

in its capacity as Second-Lien
Collateral Agent

By:	 	 
	Attention: Marguerite Sutton

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS II, LLC	 	 
	 
	 	 	 	 	 	 
	Notice Address:

	 	By:	 	 	 	 
	
6929 East Greenway Parkway, Suite 200

Scottsdale, Arizona 85254

	 	 	 	 

Name:

Title:
	 	 
	Telephone: (800) 222-7777

Telecopier: (480) 647-2412

Attention: Kevin Laughlin, Vice

                 President and Treasurer
	 	 	 	 	 	 
	 	 	RENTAL SERVICES CORPORATION	 	 
	
Notice Address:
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	6929 East Greenway Parkway, Suite 200

Scottsdale, Arizona 85254

Telephone: (800) 222-7777

Telecopier: (480) 647-2412

	 	 	 	Name:

Title:	 	 
	Attention: Kevin Laughlin, Vice

                 President and Treasurer
	 	 	 	 	 	 

 

 

EXECUTION VERSION

EXHIBIT G-l

      

 

FORM OF CANADIAN GUARANTEE AGREEMENT

made by

[• as Guarantor]

in favour of

DEUTSCHE BANK AG, CANADA BRANCH

as Canadian Collateral Agent

and the

SECURED PARTIES

Dated as of [ • ]

      

 

 

 

Table of Contents

	 	 	 	 	 
	 	 	Page
	ARTICLE I DEFINED TERMS
	 	 	2	 
	 
	 	 	 	 
	Section 1.1 Definitions
	 	 	2	 
	Section 1.2 Other Definitional Provisions
	 	 	3	 
	 
	 	 	 	 
	ARTICLE II GUARANTEE
	 	 	4	 
	 
	 	 	 	 
	Section 2.1 Guarantee
	 	 	4	 
	Section 2.2 No Subrogation
	 	 	5	 
	Section 2.3 Amendments, etc. with respect to the Borrower Obligations
	 	 	5	 
	Section 2.4 Guarantee Absolute and Unconditional
	 	 	6	 
	Section 2.5 Reinstatement
	 	 	8	 
	Section 2.6 Payments
	 	 	8	 
	 
	 	 	 	 
	ARTICLE III ENFORCEMENT
	 	 	9	 
	 
	 	 	 	 
	Section 3.1 Remedies
	 	 	9	 
	Section 3.2 Amount of Borrower Obligations
	 	 	9	 
	Section 3.3 Payment on Demand
	 	 	9	 
	Section 3.4 Costs and Expenses; Indemnification
	 	 	9	 
	Section 3.5
[Assignment and Postponement
	 	 	10	 
	Section 3.6 Suspension of Guarantor Rights
	 	 	11	 
	Section 3.7 No Prejudice to Secured Parties or Canadian Collateral Agent
	 	 	11	 
	Section 3.8 No Set-off
	 	 	12	 
	Section 3.9 Successors of the Borrower 
	 	 	12	 
	Section 3.10 Supplemental Security 
	 	 	12	 
	Section 3.11 Security for Guarantee 
	 	 	12	 
	Section 3.12 Interest Act (Canada) 
	 	 	12	 
	Section 3.13 Taxes 
	 	 	13	 
	Section 3.14 Judgment Currency
	 	 	14	 
	 
	 	 	 	 
	ARTICLE IV REPRESENTATIONS, WARRANTIES AND COVENANTS
	 	 	14	 
	 
	 	 	 	 
	Section 4.1 Representations and Warranties 
	 	 	14	 
	Section 4.2 Credit Agreement Covenants 
	 	 	15	 
	Section 4.3
Authority of Canadian Collateral Agent
	 	 	15	 
	 
	 	 	 	 
	ARTICLE V MISCELLANEOUS
	 	 	15	 
	 
	 	 	 	 
	Section 5.1 Amendments in Writing 
	 	 	15	 
	Section 5.2 Further Assurances
	 	 	16	 
	Section 5.3 Notices
	 	 	16	 
	Section 5.4 No Waiver by Course of Conduct; Cumulative Remedies 
	 	 	16	 
	Section 5.5 Successors and Assigns 
	 	 	16	 
	Section 5.6 Set-Off
	 	 	17	 
	Section 5.7 Severability 
	 	 	17	 
	Section 5.8 Section Headings
	 	 	17	 

(i)

 

	 	 	 	 	 
	 	 	Page
	Section 5.9 Integration
	 	 	17	 
	Section 5.10 GOVERNING LAW
	 	 	18	 
	Section 5.11 Submission To Jurisdiction; Waivers
	 	 	18	 
	Section 5.12 Acknowledgments
	 	 	18	 
	Section 5.13 WAIVER OF JURY TRIAL
	 	 	19	 
	Section 5.14 Releases
	 	 	19	 
	Section 5.15
Application of Proceeds
	 	 	19	 

SCHEDULES

Schedule 1 —  Notice Addresses of Guarantors

Schedule 2 —  Guarantor Security Documents

 

 

FORM OF CANADIAN GUARANTEE AGREEMENT

     CANADIAN GUARANTEE AGREEMENT, dated as of [ • ], made by [Insert legal name of
Guarantor], a [insert jurisdiction of formation and type of Person] (the “Guarantor”), in
favour of DEUTSCHE BANK AG, CANADA BRANCH, as Canadian collateral agent (in such capacity, the
“Canadian Collateral Agent”), and the other Secured Parties (as defined below). Except as
otherwise defined herein, capitalized terms used herein and defined in the Credit Agreement (as
defined below) shall be used herein as therein defined.

W
I T N E S S E T H :

     WHEREAS, RSC HOLDINGS II, LLC, a Delaware limited liability company (“Holdings”), each
other U.S. Borrower party thereto (together with Holdings, the
“U.S. Borrowers”),
RENTAL SERVICE CORPORATION OF CANADA LTD., an Alberta corporation, each other Canadian Borrower
party thereto from time to time (together with RSC Canada, the “Canadian Borrowers” and,
collectively with the U.S. Borrowers, the
“Borrowers” and each, a “Borrower”), the lenders
party thereto from time to time (the “Lenders”), DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S.
collateral agent (in such capacity, the “U.S. Collateral Agent”) and U.S. administrative
agent (in such capacity, the “U.S. Administrative Agent”), the Canadian Collateral Agent,
DEUTSCHE BANK AG, CANADA BRANCH as Canadian administrative agent, and the other parties party
thereto, have entered into a credit agreement dated as of November 27, 2006 (as amended, amended
and restated, waived, supplemented or otherwise modified from time to time, together with any
agreement extending the maturity of, or restructuring, refunding, refinancing or increasing the
Indebtedness under such agreement or successor agreements, the “Credit Agreement”),
providing for the making by the Lenders of extensions of credit to the Borrowers upon the terms and
subject to the conditions set forth therein (the Lenders, each Issuing Lender, the Administrative
Agents, the Collateral Agents and each other Agent are herein called the “Lender
Creditors”);

     WHEREAS, the Canadian Borrowers and/or one or more of their respective Subsidiaries may at any
time and from time to time enter into one or more Interest Rate Protection Agreements or Permitted
Hedging Arrangements with one or more Lenders or any affiliate thereof (each such Lender or
affiliate, even if the respective Lender subsequently ceases to be a Lender under the Credit
Agreement for any reason, together with such Lender’s or affiliate’s permitted successors and
assigns, if any, collectively, the “Other Creditors” and, together with the Lender
Creditors, the “Secured Parties”);

     WHEREAS, the Guarantor is a [Canadian Subsidiary/Affiliate] of a Canadian Borrower;

     WHEREAS, the proceeds of the extensions of credit under the Credit Agreement will be used in
part to enable the Canadian Borrowers to make valuable transfers to the Guarantor in connection
with the operation of its business;

     WHEREAS, the Canadian Borrowers and the Guarantor are engaged [in related businesses], and
the Guarantor will derive substantial direct and indirect benefit from the making of the
extensions of credit under the Credit Agreement;

 

 

     WHEREAS, it is a condition to the obligation of the Lenders to continue to make their
respective extensions of credit under the Credit Agreement available to the Canadian Borrowers,
that the Guarantor shall execute and deliver this Agreement to the Canadian Collateral Agent for
the benefit of the Secured Parties;

     NOW, THEREFORE, in consideration of the premises, the Guarantor hereby makes the following
representations and warranties to the Canadian Collateral Agent for the benefit of the Secured
Parties and hereby covenants and agrees with the Canadian Collateral Agent for the benefit of the
Secured Parties as follows:

ARTICLE I

DEFINED TERMS

     Section 1.1 Definitions

     The following terms shall have the following meanings:

     “Agreement”: this Canadian Guarantee Agreement, as the same may be amended, restated,
supplemented, waived or otherwise modified from time to time.

     “Borrower Obligations”: with respect to any Borrower, the collective reference to: all
obligations and liabilities of such Borrower in respect of (i) the unpaid principal or face amount
of and interest on (including, without limitation, interest accruing after the maturity of the
Loans and Reimbursement Obligations and interest accruing after the filing of any petition in
bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to
such Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such
proceeding) the Loans, the Reimbursement Obligations, and all other obligations and liabilities of
such Borrower to the Secured Parties, whether direct or indirect, absolute or contingent, due or to
become due, or now existing or hereafter incurred, which may arise under, out of, or in connection
with, the Credit Agreement, the Loans, the Letters of Credit, the other Loan Documents, and (ii)
any Interest Rate Protection Agreement or Permitted Hedging Arrangement entered into with any
Person who was at the time of entry into such agreement a Lender or an affiliate of any Lender; in
each case whether on account of principal, interest, reimbursement obligations, amounts payable in
connection with the provision of such cash management services or a termination of any transaction
entered into pursuant to any such Interest Rate Protection Agreement or Permitted Hedging
Arrangement, fees, indemnities, costs, expenses or otherwise (including, without limitation, all
reasonable fees, expenses and disbursements of counsel to the applicable Administrative Agent or
any other Secured Party that are required to be paid by such Borrower pursuant to the terms of the
Credit Agreement or any other Loan Document).

     “Commitments”: the collective reference to (i) the Term Loan Commitments, (ii) the RCF
Commitments and (iii) the obligation of the Issuing Lenders to issue Letters of Credit to the
Borrowers pursuant to subsection 3.1 of the Credit Agreement.

     “Guarantor”: as defined in the Preamble thereto.

 

 

     “Guarantor Security Documents” means the agreements described in Schedule II and any
other security held by the Canadian Collateral Agent and the Secured Parties, or any one of them,
from time to time for the Guarantor’s obligations under this Agreement.

     “Lender Creditors”: as defined in the
recitals hereto.

     “Other Creditors”: as
defined in the recitals hereto.

     “Other Guarantor”: any other Person who has guaranteed the Borrower Obligations under
the Credit Agreement by executing a guarantee.

     “Other Taxes”: means present and future stamp and documentary taxes and any other
excise and property taxes, charges, financial institutions duties, debits, taxes and similar levies
which arise from any payment made by the Guarantor (i) under this Agreement or (ii) under any other
security held by the Canadian Collateral Agent and the Secured Parties, or any one of them, from
time to time for the Guarantor’s obligations under this Agreement or (iii) from the execution,
delivery or registration of, or otherwise with respect to, this Agreement or any of the Guarantor
Security Documents.

     “Proceeds”: all “proceeds” as such term is defined in the Personal Property Security
Act (Ontario).

     “RSC Canada”: Rental Services Corporation of Canada Ltd., a corporation incorporated
and existing under the laws of the Province of Alberta, and its successors and permitted assigns.

     “Secured Parties”: as defined in the recitals hereto.

     “Taxes”: means all taxes, levies, imposts, deductions, charges or withholdings and all
related liabilities imposed by any country (or any political subdivision or taxing authority of
it).

     Section 1.2 Other Definitional Provisions

     (a) The words “hereof, “herein”, “hereto” and “hereunder” and words of similar import when
used in this Agreement shall refer to this Agreement as a whole and not to any particular provision
of this Agreement, and Section and Schedule references are to this Agreement unless otherwise
specified.

     (b) The meanings given to terms defined herein shall be equally applicable to both the
singular and plural forms of such terms.

 

 

ARTICLE II

GUARANTEE

     Section 2.1 Guarantee

     (a) The Guarantor hereby, unconditionally and irrevocably, guarantees to the Canadian
Collateral Agent, and each other Secured Party, the prompt and complete payment and performance by
each Canadian Borrower when due and payable (whether at the stated maturity, by acceleration or
otherwise) of the Borrower Obligations of such Canadian Borrower owed to the applicable Secured
Parties.

     (b) The guarantee contained in this Section 2.1 shall remain in full force and effect until
the earlier to occur of (i) the first date on which all the Loans to each Canadian Borrower
(including the face amount of all outstanding Bankers’ Acceptance Loans), any Reimbursement
Obligations owing by any Canadian Borrower, all other Borrower Obligations owing by each Canadian
Borrower, including, without limitation, any indemnification obligations of any Canadian Borrower
under any Loan Documents, and the obligations of the Guarantor under the guarantee contained in
this Section 2.1 then due and owing, in each case, shall have been satisfied by payment in full in
cash, no Letter of Credit issued for the account of any Canadian Borrower shall be outstanding
(except for Letters of Credit that have been cash collateralized in a manner satisfactory to the
Issuing Lender) and the Commitments shall be terminated, notwithstanding that from time to time
during the term of the Credit Agreement any of the Canadian Borrowers may be free from their
respective Borrower Obligations, or (ii) as to the Guarantor, the sale or other disposition of all
of the Capital Stock of the Guarantor (to a Person other than Holdings, the Parent Borrower or a
Subsidiary of either) as permitted under the Credit Agreement.

     (c) No payment made by any Borrower, the Guarantor, any Other Guarantor or any other Person or
received or collected by the Canadian Collateral Agent or any other Secured Party from any of the
Borrowers, the Guarantor, any Other Guarantor or any other Person by virtue of any action or
proceeding or any set-off or appropriation or application at any time or from time to time in
reduction of or in payment of any of the Borrower Obligations shall be deemed to modify, reduce,
release or otherwise affect the liability of the Guarantor hereunder which shall, notwithstanding
any such payment (other than any payment made by the Guarantor in respect of the Borrower
Obligations or any payment received or collected from such Guarantor in respect of any of the
Borrower Obligations), remain liable for the Borrower Obligations of each Borrower guaranteed by it
hereunder until the earlier to occur of (i) the first date on which all the Loans (including the
face amount of all outstanding Bankers’ Acceptance Loans), any Reimbursement Obligations, and all
other Borrower Obligations then due and owing, are paid in full in cash, no Letter of Credit shall
be outstanding (except for Letters of Credit that have been cash collateralized in a manner
satisfactory to the Issuing Lender) and the Commitments are terminated or (ii) the sale or other
disposition of all of the Capital Stock of the Guarantor (to a Person other than Holdings, the
Parent Borrower or a Subsidiary of either) as permitted under the Credit Agreement.

 

 

     Section 2.2 No Subrogation

     Notwithstanding any payment made by the Guarantor or any set-off or application of funds of
the Guarantor by the Canadian Collateral Agent or any other Secured Party, the Guarantor shall not
be entitled to be subrogated to any of the rights of the Canadian Collateral Agent or any other
Secured Party against any Borrower or any collateral security or guarantee or right of offset held
by the Canadian Collateral Agent or any other Secured Party for the payment of the Borrower
Obligations, nor shall the Guarantor seek or be entitled to seek any contribution or reimbursement
from any Borrower or any Other Guarantor in respect of payments made by the Guarantor hereunder,
until all amounts owing to the Canadian Collateral Agent and the other Secured Parties by the
Borrowers on account of the Borrower Obligations are indefeasibly paid in full in cash, no Letter
of Credit shall be outstanding and the Commitments are terminated. If any amount shall be paid to
the Guarantor on account of such subrogation rights at any time when all of the Borrower
Obligations shall not have been paid in full in cash or any Letter of Credit shall remain
outstanding (and shall not have been cash collateralized in a manner satisfactory to the Issuing
Lender) or any of the Commitments shall remain in effect, such amount shall be held by the
Guarantor in trust for the Canadian Collateral Agent and the other Secured Parties, segregated from
other funds of the Guarantor, and shall, forthwith upon receipt by the Guarantor, be turned over to
the Canadian Collateral Agent in the exact form received by the Guarantor (duly endorsed by such
Guarantor to the Canadian Collateral Agent if required), to be held as collateral security for all
of the Borrower Obligations (whether matured or unmatured) guaranteed by the Guarantor and/or then
or at any time thereafter may be applied against any Borrower Obligations guaranteed hereunder,
whether matured or unmatured, in such order as the Canadian Collateral Agent may determine.

     Section 2.3
Amendments, etc. with respect to the Borrower Obligations

     To the maximum extent permitted by law, the Guarantor shall remain obligated hereunder
notwithstanding that, without any reservation of rights against the Guarantor and without notice
to or further assent by the Guarantor, any demand for payment of any of the Borrower Obligations
of the Canadian Borrowers made by the Canadian Collateral Agent, the Canadian Administrative Agent
or any other Secured Party may be rescinded by the Canadian Collateral Agent, the Canadian
Administrative Agent or such other Secured Party and any of the Borrower Obligations of the
Canadian Borrowers continued, and the Borrower Obligations of the Canadian Borrowers, or the
liability of any other Person upon or for any part thereof, or any collateral security or
guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in
part, be renewed, extended, amended, waived, modified, accelerated, compromised, subordinated,
waived, surrendered or released by the Canadian Collateral Agent, the Canadian Administrative
Agent or any other Secured Party, and the Credit Agreement and the other Loan Documents and any
other documents executed and delivered in connection therewith may be amended, waived, modified,
supplemented or terminated, in whole or in part, as the Canadian Collateral Agent or the Canadian
Administrative Agent (or the Required Lenders or the applicable Lenders(s), as the case may be)
may deem advisable from time to time, and any collateral security, guarantee or right of offset at
any time held by the Canadian Collateral Agent, the Canadian Administrative Agent or any other
Secured Party for the payment of any of the Borrower Obligations of the Canadian Borrowers may be
sold, exchanged, waived, surrendered or released. None of the Canadian Collateral Agent, the
Canadian Administrative

 

 

     Agent and each other Secured Party shall have any obligation to protect, secure, perfect or insure
any Lien at any time held by it as security for any of the Borrower Obligations or for the
guarantee contained in this Section 2 or any property subject thereto, except to the
extent required by applicable law.

     Section 2.4 Guarantee Absolute and Unconditional

     The Guarantor waives, to the maximum extent permitted by applicable law, any and all notice of
the creation, renewal, extension or accrual of any of the Borrower Obligations and notice of or
proof of reliance by the Canadian Collateral Agent, the Canadian Administrative Agent or any other
Secured Party upon the guarantee contained in this Section 2.4 or acceptance of the guarantee
contained in this Section 2.4; each of the Borrower Obligations of the Canadian Borrowers, and any
obligation contained therein, shall conclusively be deemed to have been created, contracted or
incurred, or renewed, extended, amended or waived, in reliance upon the guarantee contained in this
Section 2.4; and all dealings between any of the Canadian Borrowers, the Guarantor, or the Other
Guarantors on the one hand, and the Canadian Collateral Agent, the Canadian Administrative Agent
and the other Secured Parties, on the other hand, likewise shall be conclusively presumed to have
been had or consummated in reliance upon the guarantee contained in this Section 2.4. The Guarantor
waives, to the maximum extent permitted by applicable law, diligence, presentment, protest, demand
for payment and notice of default or nonpayment to or upon any Canadian Borrower or any of the
Other Guarantors with respect to any of the Borrower Obligations of the Canadian Borrowers. The
Guarantor understands and agrees to the full extent permitted by law that the guarantee contained
in this Section 2.4 shall be construed as a continuing, absolute and unconditional guarantee of
payment and not of collection. The Guarantor hereby waives, to the maximum extent permitted by
applicable law, any and all defenses (other than any suit for breach of a contractual provision of
any of the Loan Documents) that it may have arising out of or in connection with any and all of the
following: (a) the validity or enforceability of the Credit Agreement or any other Loan Document,
any of the Borrower Obligations or any other collateral security therefor or guarantee or right of
offset with respect thereto at any time or from time to time held by the Canadian Collateral Agent,
the Canadian Administrative Agent or any other Secured Party, (b) any defense, set-off or
counterclaim (other than a defense of payment or performance) that may at any time be available to
or be asserted by any of the Borrowers against the Canadian Collateral Agent, the Canadian
Administrative Agent or any other Secured Party, (c) any change in the time or times for, or place
or manner or terms of payment or performance of the Borrower Obligations or any consent, waiver,
renewal, alteration, extension, compromise, arrangement, concession, release, discharge or other
indulgences which the Secured Party or the Collateral Agent may grant to any Borrower or any other
Person, (d) any change in the ownership, control, name, objects, businesses, assets, capital
structure or constitution of any Borrower, the Guarantor or any other Credit Party or any
reorganization (whether by way of reconstruction, consolidation, amalgamation, merger, transfer,
sale, lease or otherwise) of any Borrower, the Guarantor or any other Credit Party or their
respective businesses, (e) any law, regulation or order of any jurisdiction, or any other event,
affecting any term of any Borrower Obligation or the rights of the Canadian Collateral Agent, the
Canadian Administrative Agent or any other Secured Party with respect thereto, including, without
limitation: (i) the application of any such law, regulation, decree or order, including any prior
approval, which would prevent the exchange of any currency (other than Dollars) for Dollars or the
remittance of funds outside of such

 

 

jurisdiction or the unavailability of Dollars in any legal exchange market in such jurisdiction in
accordance with normal commercial practice, (ii) a declaration of banking moratorium or any
suspension of payments by banks in such jurisdiction or the imposition by such jurisdiction or any
Governmental Authority thereof of any moratorium on, the required rescheduling or restructuring of,
or required approval of payments on, any indebtedness in such jurisdiction, (iii) any
expropriation, confiscation, nationalization or requisition by such country or any Governmental
Authority that directly or indirectly deprives any Borrower of any assets or their use, or of the
ability to operate its business or a material part thereof, or (iv) any war (whether or not
declared), insurrection, revolution, hostile act, civil strife or similar events occurring in such
jurisdiction which has the same effect as the events described in clause (i), (ii) or (iii) above
(in each of the cases contemplated in clauses (i) through (iv) above, to the extent occurring or
existing on or at any time after the date of this Agreement), (f) any contest by any Borrower or
any other Person as to the amount of the Borrower Obligations, the validity or enforceability of
any terms of the Credit Documents or the perfection or priority of any security granted to the
Collateral Agent or the Secured Party, (g) any release, compounding or other variance of the
liability of any Borrower or any other Person liable in any manner under or in respect of the
Borrower Obligations or the extinguishment of all or any part of the Borrower Obligations by
operation of law, (h) any discontinuance, termination, reduction, renewal, increase, abstention
from renewing or other variation of any credit or credit facilities to, or the terms or conditions
of any transaction with, any Borrower or any other Person, (i) any dealings with the security which
the Secured Party or the Collateral Agent hold or may hold pursuant to the terms and conditions of
the Credit Documents, including the taking, giving up or exchange of securities, their variation or
realization, the accepting of compositions and the granting of releases and discharges, (j) any
limitation of status or power, disability, incapacity or other circumstance relating to any
Borrower, the Guarantor, any other Credit Party or any other Person, including any bankruptcy,
insolvency, reorganization, composition, adjustment, dissolution, liquidation, winding-up or other
like proceeding involving or affecting any Borrower, the Guarantor, any other Credit Party or any
other Person or any action taken with respect to this Agreement by any trustee or receiver, or by
any court, in any such proceeding, whether or not the Guarantor shall have notice or knowledge of
any of the foregoing, (k) the assignment of all or any part of the benefits of this Agreement, (1)
any impossibility, impracticability, frustration of purpose, force majeure or illegality of any
Credit Document, or the occurrence of any change in the laws, rules, regulations or ordinances of
any jurisdiction or by any present or future action of (i) any Governmental Authority that amends,
varies, reduces or otherwise affects, or purports to amend, vary, reduce or otherwise affect, any
of the Borrower Obligations or the obligations of the Guarantor under this Agreement, or (ii) any
court order that amends, varies, reduces or otherwise affects any of the Borrower Obligations, (m)
any taking or failure to take security, any loss of, or loss of value of, any security, or any
invalidity, non-perfection or unenforceability of any security held by the Secured Party or the
Collateral Agent, or any exercise or enforcement of, or failure to exercise or enforce, security,
or irregularity or defect in the manner or procedure by which the Collateral Agent and the Secured
Party realize on such security, (n) any application by any Secured Party of any sums received to
the Borrower Obligations guaranteed hereunder, or any part thereof, and any change in such
application by any such Secured Party to such other part of the Borrower Obligations guaranteed
hereunder (other than indefeasible payment in full in cash of the Borrower Obligations guaranteed
by it hereunder), or (o) any other circumstance whatsoever (other than indefeasible payment in full
in cash of the Borrower Obligations

 

 

guaranteed by it hereunder) (with or without notice to or knowledge of any of the Borrowers or the
Guarantor) that constitutes, or might be construed to constitute, an equitable or legal discharge
of any of the Borrowers for the Borrower Obligations, or of the Guarantor under the guarantee
contained in this Section 2.4, in bankruptcy or in any other instance. When making any demand
hereunder or otherwise pursuing its rights and remedies hereunder against the Guarantor, the
Canadian Collateral Agent, the Canadian Administrative Agent and any other Secured Party may, but
shall be under no obligation to, make a similar demand on or otherwise pursue such rights and
remedies as it may have against any of the Borrowers, any Other Guarantor or any other Person or
against any collateral security or guarantee for the Borrower Obligations guaranteed by the
Guarantor hereunder or any right of offset with respect thereto, and any failure by the Canadian
Collateral Agent, the Canadian Administrative Agent or any other Secured Party to make any such
demand, to pursue such other rights or remedies or to collect any payments from the Borrower, any
Other Guarantor or any other Person or to realize upon any such collateral security or guarantee or
to exercise any such right of offset, or any release of any of the Borrower, any Other Guarantor or
any other Person or any such collateral security, guarantee or right of offset, shall not relieve
the Guarantor of any obligation or liability hereunder, and shall not impair or affect the rights
and remedies, whether express, implied or available as a matter of law, of the Canadian Collateral
Agent, the Canadian Administrative Agent or any other Secured Party against the Guarantor. For the
purposes hereof “demand” shall include the commencement and continuance of any legal proceedings.

     Section 2.5 Reinstatement

     The guarantee of the Guarantor contained in this Section 2.5 shall continue to be effective,
or be reinstated, as the case may be, if at any time payment, or any part thereof, of any of the
Borrower Obligations guaranteed by the Guarantor is rescinded or must otherwise be restored or
returned by the Canadian Collateral Agent, the Canadian Administrative Agent or any other Secured
Party upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of any Borrower
or the Guarantor, or upon or as a result of the appointment of a receiver, intervenor or
conservator of, or trustee or similar officer for, any Borrower or the Guarantor or any substantial
part of its property, or otherwise, all as though such payments had not been made.

     Section 2.6 Payments

     The Guarantor hereby guarantees that payments hereunder will be paid to the Canadian
Collateral Agent without set-off or counterclaim, in Dollars (or in the case of any amount required
to be paid in any other currency pursuant to the requirements of the Credit Agreement or other
agreement relating to the respective Borrower Obligations, such other currency), at the Canadian
Collateral Agent’s office specified in subsection 11.2 of the Credit Agreement or such other
address as may be designated in writing by the Canadian Collateral Agent to the Guarantor from time
to time in accordance with subsection 11.2 of the Credit Agreement.

 

 

ARTICLE III

ENFORCEMENT

     Section 3.1 Remedies

     The Secured Parties and the Canadian Collateral Agent are not bound to exhaust their recourse
against any Canadian Borrower or any other Person or realize on any security they may hold in
respect of the Borrower Obligations of any Canadian Borrower before being entitled to (i) enforce
payment and performance under this Agreement or (ii) pursue any other remedy against the Guarantor,
and the Guarantor renounces all benefits of discussion and division.

     Section 3.2 Amount of Borrower Obligations

     Any account settled or stated by or between the Canadian Collateral Agent and any Canadian
Borrower, or if any such account has not been settled or stated immediately before demand for
payment under this Agreement, any account stated by the Canadian Collateral Agent shall, in the
absence of manifest mathematical error, be accepted by the Guarantor as conclusive evidence of the
amount of the Borrower Obligations which is due by such Canadian Borrower to the Secured Parties
and the Canadian Collateral Agent or remains unpaid by such Canadian Borrower to the Secured
Parties and the Canadian Collateral Agent.

     Section 3.3 Payment on Demand

     The Guarantor will pay and perform the Borrower Obligations guaranteed by it hereunder and pay
all other amounts payable by it to the Secured Parties or the Canadian Collateral Agent under this
Agreement, and the obligation to do so arises, immediately after demand for such payment or
performance is made in writing to it. The liability of the Guarantor bears interest from the date
of such demand at the rate or rates of interest then applicable to the Borrower Obligations under
and calculated in the manner provided in the Loan Documents or any Interest Rate Protection
Agreement or Permitted Hedging Agreement, as the case may be (including any adjustment to give
effect to the provisions of the Interest Act (Canada)).

     Section 3.4
Costs and Expenses; Indemnification

     (a) The Guarantor agrees to pay or reimburse each Secured Party and the Canadian Collateral
Agent for all their respective reasonable costs and expenses incurred in collecting against the
Guarantor or otherwise enforcing or preserving any rights under this Agreement against the
Guarantor and the other Loan Documents to which the Guarantor is a party, including, without
limitation, the reasonable fees and disbursements of counsel to the Secured Parties, the Canadian
Collateral Agent and the Canadian Administrative Agent.

     (b) The Guarantor agrees to pay, and to save the Canadian Collateral Agent, the Canadian
Administrative Agent and the other Secured Parties harmless from, (x) any and all liabilities,
costs, losses and expenses of whatever kind with respect to, or resulting from, any delay in paying
any and all Other Taxes and (y) any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with
respect to the execution, delivery, enforcement, performance and administration of this Agreement
(collectively, the “indemnified liabilities”), in each case to the

 

 

extent the Canadian Borrowers would be required to do so pursuant to subsection 11.5 of the Credit
Agreement, and in any event excluding any taxes or other indemnified liabilities arising from gross
negligence or wilful misconduct of the Canadian Collateral Agent or any other Secured Party.

     (c) The agreements in this Section 3.4 shall survive repayment of the Borrower Obligations and
all other amounts payable by the Canadian Borrowers under the Credit Agreement and the other Loan
Documents.

     Section 3.5 [Assignment and Postponement

     (a) All obligations, liabilities and indebtedness of the Canadian Borrowers to the Guarantor
of any nature whatsoever and all security therefor (the “Intercorporate Indebtedness”) are
assigned and transferred to the Canadian Collateral Agent as continuing and collateral security for
the Guarantor’s obligations under this Agreement and postponed to the payment in full of all
Borrower Obligations guaranteed hereunder. Until the occurrence of an Event of Default that is
continuing, the Guarantor may receive payments in respect of the Intercorporate Indebtedness as
permitted under the Credit Agreement. The Guarantor will not assign all or any part of the
Intercorporate Indebtedness to any Person other than, or as permitted by, the Canadian Collateral
Agent or the Secured Parties.

     (b) Upon notice by the Canadian Collateral Agent to the Guarantor that an Event of Default has
occurred and is continuing, all Intercorporate Indebtedness will be held in trust for the Secured
Parties and the Canadian Collateral Agent and will be collected, enforced or proved subject to, and
for the purpose of, this Agreement. In such event, any payments received by the Guarantor in
respect of the Intercorporate Indebtedness will be held in trust for the Secured Parties and the
Canadian Collateral Agent and segregated from other funds and property held by the Guarantor and
immediately paid to the Canadian Collateral Agent on account of the Borrower Obligations guaranteed
hereunder.

     (c) The Intercorporate Indebtedness shall not be released or withdrawn by the Guarantor
without the prior written consent of the Canadian Collateral Agent. The Guarantor will not allow a
limitation period to expire on the Intercorporate Indebtedness or ask for or obtain any security or
negotiable paper for, or other evidence of, the Intercorporate Indebtedness except for the purpose
of delivering the same to the Canadian Collateral Agent.

     (d) In the event of any insolvency, bankruptcy or other proceeding involving the liquidation,
arrangement, compromise, reorganization or other relief with respect to any Canadian Borrower or
its debts, the Guarantor will, upon the request of the Canadian Collateral Agent, make and present
a proof of claim or commence such other proceedings against such Canadian Borrower on account of
the Intercorporate Indebtedness as may be reasonably necessary to establish the Guarantor’s
entitlement to payment of any Intercorporate Indebtedness. Such proof of claim or other proceeding
must be made or commenced prior to the earlier of (i) the day which is 30 days after notice
requesting such action is delivered by or on behalf of the Canadian Collateral Agent to the
Guarantor and (ii) the day which is 10 days preceding the date when such proof of claim or other
proceeding is required by applicable law to

 

 

be made or commenced. Such proof of claim or other proceeding must be in form and substance
acceptable to the Canadian Collateral Agent.

     (e) If the Guarantor fails to make and file such proof of claim or commence such other
proceeding in accordance with this Section, the Canadian Collateral Agent is irrevocably
authorized, empowered and directed and appointed the true and lawful attorney of the Guarantor (but
is not obliged) with the power to exercise for and on behalf of the Guarantor the following rights,
upon the occurrence and during the continuance of an Event of Default: (i) to make and present for
and on behalf of the Guarantor proofs of claims or other such proceedings against the Canadian
Borrowers on account of the Intercompany Indebtedness, (ii) to demand, sue for, receive and collect
any and all dividends or other payments or disbursements made in respect of the Intercompany
Indebtedness in whatever form the same may be paid or issued and to apply the same on account of
the Borrower Obligations, and (iii) to demand, sue for, collect and receive each such payment and
distribution and give acquittance therefor and to file claims and take such other actions, in its
own name or in the name of the Guarantor or otherwise, as the Canadian Collateral Agent may deem
necessary or advisable to enforce its rights under this Agreement.

     (f) The Guarantor will execute all subordinations, postponements, assignments and other
agreements as the Canadian Collateral Agent may reasonably request to more effectively subordinate
and postpone the Intercorporate Indebtedness to the payment and performance of the Borrower
Obligations guaranteed hereunder.

     (g) The provisions of this Section 3.5 survive the termination of this Agreement and remain in
full force and effect until (i) the Borrower Obligations and all other amounts owing under the Loan
Documents guaranteed hereunder are repaid in full; and (ii) the Secured Parties have no further
obligations under any of the Loan Documents.]

     Section 3.6 Suspension of Guarantor Rights

     So long as there are any Borrower Obligations guaranteed hereunder, the Guarantor will not
exercise any rights which it may at any time have by reason of the performance of any of its
obligations under this Agreement (i) to be indemnified by the Canadian Borrowers, (ii) to claim
contribution from any Other Guarantor of the debts, liabilities or obligations of the Canadian
Borrowers, or (iii) to take the benefit (in whole or in part and whether by way of subrogation or
otherwise) of any rights of the Secured Parties or the Canadian Collateral Agent under any of the
Loan Documents.

     Section 3.7 No Prejudice to Secured Parties or Canadian Collateral Agent.

     The Secured Parties and the Canadian Collateral Agent are not prejudiced in any way in the
right to enforce any provision of this Agreement by any act or failure to act on the part of any
Canadian Borrower, the Secured Parties or the Canadian Collateral Agent. The Canadian Collateral
Agent and the Secured Parties may, at any time and from time to time, in such manner as any of
them may determine is expedient, without any consent of, or notice to, the Guarantor and without
impairing or releasing the obligations of the Guarantor (i) change the manner, place, time or
terms of payment or performance of the Borrower Obligations, (ii) renew

 

 

or alter the Borrower Obligations, (iii) amend, vary, modify, supplement or replace any Loan
Document, any Interest Rate Protection Agreement or Permitted Hedging Arrangement or any other
related document or instrument, (iv) discontinue, reduce, renew, increase, abstain from renewing or
otherwise vary any credit or credit facilities to, any transaction with, any Canadian Borrower or
any other Person, (v) release, compound or vary the liability of any Canadian Borrower or any other
Person liable in any manner under or in respect of the Borrower Obligations, (vi) take or abstain
from taking securities or collateral from any other Person, or from perfecting securities or
collateral of any other Person, (vii) exercise or enforce or refrain from exercising or enforcing
any right or security against any Canadian Borrower, the Guarantor or any other Person, (viii)
accept compromises or arrangement from any Person, (ix) apply any sums from time to time received
to the Borrower Obligations, or any part thereof, and change any such application in whole or in
part from time to time, (x) otherwise deal with, or waiver or modify their right to deal with, any
Person and security. In their dealings with the Canadian Borrowers, the Canadian Collateral Agent
and the Secured Parties need not enquire into the authority or power of any Person purporting to
act for or on behalf of the Canadian Borrowers.

     Section 3.8 No Set-off

     To the fullest extent permitted by law, the Guarantor makes all payments under this Agreement
without regard to any defence, counter-claim or right of set-off available to it.

     Section 3.9 Successors of the Borrower

     This Agreement will not be revoked by any change in the constitution of any Borrower. This
Agreement extends to any person, firm or corporation acquiring, or from time to time carrying on,
the business of any Canadian Borrower.

     Section 3.10 Supplemental Security

     This Agreement is in addition and without prejudice to and supplemental to all other
guarantees, indemnities, obligations and security now held or which may hereafter be held by the
Secured Parties or the Canadian Collateral Agent.

     Section 3.11 Security for Guarantee

     The Guarantor acknowledges that this Agreement is intended to secure payment and performance
of the Borrower Obligations of the Canadian Borrowers and that the payment and performance of the
Borrower Obligations of the Canadian Borrowers and the other obligations of the Guarantor under
this Agreement are secured pursuant to the terms and provisions of the Guarantor Security
Documents.

     Section 3.12 Interest Act (Canada)

     The Guarantor acknowledges that certain of the rates of interest applicable to the Borrower
Obligations of the Canadian Borrowers may be computed on the basis of a year of 360 days or 365
days, as the case may be and paid for the actual number of days elapsed. For purposes of the
Interest Act (Canada), whenever any interest is calculated using a rate based on a year of 360 days
or 365 days, as the case may be, such rate determined pursuant to such

 

 

calculation, when expressed as an annual rate is equivalent to (i) the applicable rate
based on a year of 360 days or 365 days, as the case may be, (ii) multiplied by the actual number
of days in the calendar year in which the period for such interest is payable (or compounded)
ends, and (iii) divided by 360 or 365, as the case may be.

     Section 3.13 Taxes.

     (a) All payments to the Secured Parties by the Guarantor under this Agreement will be made
free and clear of and without deduction or withholding for any and all Taxes, unless such Taxes are
required by applicable law to be deducted or withheld. If the Guarantor is required by applicable
law to deduct or withhold any such Taxes from or in respect of any amount payable under this
Agreement or under any of the Guarantor Security Documents (i) the amount payable shall be
increased (and for greater certainty, in the case of interest, the amount of interest shall be
increased) as may be necessary so that after making all required deductions or withholdings
(including deductions or withholdings applicable to any additional amounts paid under this Section
3.13), the Secured Parties receive an amount equal to the amount they would have received if no
such deduction or withholding had been made, (ii) the Guarantor will make such deductions or
withholdings, and (iii) the Guarantor will immediately pay the full amount deducted or withheld to
the relevant Governmental Authority in accordance with applicable law.

     (b) The Guarantor agrees to immediately pay any Other Taxes.

     (c) The Guarantor will indemnify the Secured Parties and the Canadian Collateral Agent for the
full amount of Taxes and Other Taxes (including, without limitation, any Taxes or Other Taxes
imposed by any jurisdiction on amounts payable by the Guarantor under this Section 3.13) paid by
the Secured Parties or the Canadian Collateral Agent and any liability (including penalties,
interest and expenses) arising from or with respect to such Taxes and Other Taxes, whether or not
they were correctly or legally asserted. Payment under this indemnification will be made within 30
days from the date the Canadian Collateral Agent or the relevant Secured Party, as the case may be,
make written demand for it. A certificate as to the amount of such Taxes and Other Taxes submitted
to the Guarantor by the Canadian Collateral Agent or the relevant Secured Party is conclusive
evidence, absent manifest error, of the amount due from the Guarantor to the Canadian Collateral
Agent or the Secured Party, as the case may be.

     (d) The Guarantor will furnish to the Canadian Collateral Agent and the Secured Parties the
original or a certified copy of a receipt evidencing payment of any Taxes or Other Taxes made by
the Guarantor within 30 days after the date of any payment of such Taxes or Other Taxes.

     (e) The provisions of this Section 3.13 survive the termination of this Agreement, but shall
not apply to any Taxes payable solely as a result of any Agent or Lender failing to comply with
subsection 4.15 of the Credit Agreement.

 

 

     Section 3.14 Judgment Currency

     (a) If for the purposes of obtaining judgment in any court it is necessary to convert all or
any part of the Borrower Obligations guaranteed hereunder or any other amount due to a Secured
Party or the Canadian Collateral Agent in respect of the Guarantor’s obligations under this
Agreement in any currency (the “Original Currency”) into another currency (the “Other
Currency”), the Guarantor, to the fullest extent that it may effectively do so, agrees that the
rate of exchange used shall be that at which, in accordance with normal banking procedures, the
Secured Party or Canadian Collateral Agent, as the case may be, could purchase the Original
Currency with the Other Currency on the Business Day preceding that on which final judgment is paid
or satisfied.

     (b) The obligations of the Guarantor in respect of any sum due in the Original Currency from
it to any Secured Party or the Canadian Collateral Agent shall, notwithstanding any judgment in any
Other Currency, be discharged only to the extent that on the Business Day following receipt by such
Secured Party or the Canadian Collateral Agent, as the case may be, of any sum adjudged to be so
due in such Other Currency such Secured Party or Canadian Collateral Agent, as the case may be,
may, in accordance with its normal banking procedures, purchase the Original Currency with such
Other Currency. If the amount of the Original Currency so purchased is less than the sum originally
due to the Secured Party in the Original Currency, the Guarantor agrees, as a separate obligation
and notwithstanding any such judgment, to indemnify the Secured Party or Canadian Collateral Agent,
as the case may be, against such loss, and if the amount of the Original Currency so purchased
exceeds the sum originally due to the Secured Party or Canadian Collateral Agent, as the case may
be, in the Original Currency, the Secured Party or Canadian Collateral Agent, as the case may be,
agrees to remit such excess to the Guarantor.

ARTICLE IV

REPRESENTATIONS, WARRANTIES AND COVENANTS

     Section 4.1 Representations and Warranties.

     To induce the Canadian Collateral Agent, and the Lenders to enter into the Credit Agreement
and to induce the Lenders to make their respective extensions of credit to the Canadian Borrowers
thereunder the Guarantor hereby represents and warrants to the Canadian Collateral Agent and each
other Secured Party that the representations and warranties set forth in Section 5 of the Credit
Agreement as they relate to the Guarantor or to the Loan Documents to which the Guarantor is a
party, each of which representations and warranties is hereby incorporated herein by reference, are
true and correct in all material respects, and the Canadian Collateral Agent and each other Secured
Party shall be entitled to rely on each of such representations and warranties as if fully set
forth herein; provided that each reference in each such representation and warranty to the
Parent Borrower’s knowledge shall, for the purposes of this Section 4.1, be deemed to be a
reference to the Guarantor’s knowledge.

 

 

     Section 4.2 Credit Agreement Covenants.

     The Guarantor covenants and agrees with the Canadian Collateral Agent and the other Secured
Parties that, from and after the date of this Agreement until the earlier to occur of (i) the date
upon which all the Loans to each Canadian Borrower (including the face amount of all outstanding
Bankers’ Acceptance Loans), any Reimbursement Obligations owing by any Canadian Borrower, all other
Borrower Obligations of each Canadian Borrower, and the obligations of the Guarantor under the
guarantee contained in Section 2.1 then due and owing, in each case, shall have been satisfied by
payment in full in cash, no Letter of Credit issued for the account of any Canadian Borrower shall
be outstanding (except for Letters of Credit that have been cash collateralized in a manner
satisfactory to the Issuing Lender) and the Commitments shall have terminated, notwithstanding that
from time to time during the term of the Credit Agreement any of the Canadian Borrowers may be free
from their respective Borrower Obligations, or (ii) the date upon which all the Capital Stock of
the Guarantor shall have been sold or otherwise disposed of (to a Person other than Holdings, the
Parent Borrower or a Subsidiary of either) in accordance with the terms of the Credit Agreement,
the Guarantor shall take, or shall refrain from taking, as the case may be, each action that is
necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is
caused by the failure to take such action or to refrain from taking such action by the Guarantor or
any of its Subsidiaries.

     Section 4.3 Authority of Canadian Collateral Agent.

     The Guarantor acknowledges that the rights and responsibilities of the Canadian Collateral
Agent under this Agreement with respect to any action taken by the Canadian Collateral Agent or
the exercise or non-exercise by the Canadian Collateral Agent of any option, request, judgment or
other right or remedy provided for herein or resulting or arising out of this Agreement or any
amendment, supplement or other modification of this Agreement shall, as between the Canadian
Collateral Agent and the Secured Parties, be governed by the Credit Agreement and by such other
agreements with respect thereto as may exist from time to time among them, but, as between the
Canadian Collateral Agent and the Guarantor, the Canadian Collateral Agent shall be conclusively
presumed to be acting as agent for the Secured Parties with full and valid authority so to act or
refrain from acting, and the Guarantor shall not be under any obligation, or entitlement, to make
any inquiry respecting such authority.

ARTICLE V

MISCELLANEOUS

     Section 5.1 Amendments in Writing

     None of the terms or provisions of this Agreement may be waived, amended, supplemented or
otherwise modified except by a written instrument executed by the Canadian Collateral Agent and
the Guarantor, provided that (a) any provision of this Agreement imposing obligations on
the Guarantor may be waived by the Canadian Collateral Agent in a written instrument executed by
the Canadian Collateral Agent and (b) notwithstanding anything to the contrary in subsection 11.1
of the Credit Agreement, no such waiver and no such amendment or modification shall amend, modify
or waive the definition of “Secured Party” if such waiver,

 

 

amendment, or modification would adversely affect a Secured Party without the written consent of
each such affected Secured Party.

     Section 5.2 Further Assurances.

     (a) The Guarantor will do all acts and things and execute and deliver, or cause to be executed
and delivered, all documents and instruments that the Canadian Collateral Agent may request to give
full effect to this Agreement and to perfect and preserve the rights and powers of the Canadian
Collateral Agent and the Secured Parties under this Agreement, including any acknowledgements and
confirmations of this Agreement.

     (b) The Guarantor acknowledges and confirms that the Guarantor itself has established its own
adequate means of obtaining from the Canadian Borrowers on a continuing basis all information
desired by the Guarantor concerning the financial condition of the Canadian Borrowers and that the
Guarantor will look to the Canadian Borrowers and not to the Canadian Collateral Agent or the
Secured Parties, in order for the Guarantor to keep adequately informed of changes in any Canadian
Borrower’s financial condition.

     Section 5.3 Notices

     All notices, requests and demands to or upon the Canadian Collateral Agent or the Guarantor
shall be effected in the manner provided for in subsection 11.2 of the Credit Agreement;
provided that any such notice, request or demand to or upon the Guarantor shall be
addressed to its notice address set forth on Schedule I, unless and until the Guarantor shall
change such address by notice to the Canadian Collateral Agent and the Canadian Administrative
Agent given in accordance with subsection 11.2 of the Credit Agreement.

     Section 5.4
No Waiver by Course of Conduct; Cumulative Remedies

     None of the Canadian Collateral Agent or any other Secured Party shall by any act (except by a
written instrument pursuant to Section 5.1), delay, indulgence, omission or otherwise be deemed to
have waived any right or remedy hereunder or to have acquiesced in any Default or Event of Default.
No failure to exercise, nor any delay in exercising, on the part of the Canadian Collateral Agent
or any other Secured Party, any right, power or privilege hereunder shall operate as a waiver
thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude
any other or further exercise thereof or the exercise of any other right, power or privilege. A
waiver by the Canadian Collateral Agent or any other Secured Party of any right or remedy hereunder
on any one occasion shall not be construed as a bar to any right or remedy which the Canadian
Collateral Agent or such other Secured Party would otherwise have on any future occasion. The
rights and remedies herein provided are cumulative, may be exercised singly or concurrently and are
not exclusive of any other rights or remedies provided by law.

     Section 5.5 Successors and Assigns

     This Agreement shall be binding upon the Guarantor, its successors and assigns, and shall
inure to the benefit of the Canadian Collateral Agent and the Secured Parties and their respective
successors and assigns; provided that the Guarantor may not assign, transfer or

 

 

delegate any of its rights or obligations under this Agreement without the prior written consent of
the Canadian Collateral Agent.

     Section 5.6 Set-Off

     The Guarantor hereby irrevocably authorizes each of the Canadian Collateral Agent and the
Canadian Administrative Agent and each other Secured Party at any time and from time to time
without notice to the Guarantor, any Other Guarantor or any of the Borrowers, any such notice
being expressly waived by every Other Guarantor and by each Borrower, to the extent permitted by
applicable law, upon the occurrence and during the continuance of an Event of Default under
subsection 9(a) of the Credit Agreement so long as any amount remains unpaid after it becomes due
and payable by the Guarantor, to set-off and appropriate and apply against any such amount any and
all deposits (general or special, time or demand, provisional or final), in any currency, and any
other credits, indebtedness or claims, in any currency, in each case whether direct or indirect,
absolute or contingent, matured or unmatured, at any time held or owing by the Canadian Collateral
Agent, the Canadian Administrative Agent or such other Secured Party to or for the credit or the
account of the Guarantor, or any part thereof in such amounts as the Canadian Collateral Agent,
the Canadian Administrative Agent or such other Secured Party may elect. The Canadian Collateral
Agent, the Canadian Administrative Agent and each other Secured Party shall notify the Guarantor
promptly of any such set-off and the application made by the Canadian Collateral Agent, the
Canadian Administrative Agent or such other Secured Party of the proceeds thereof;
provided that the failure to give such notice shall not affect the validity of such
set-off and application. The rights of the Canadian Collateral Agent, the Canadian Administrative
Agent and each other Secured Party under this Section 5.6 are in addition to other rights and
remedies (including, without limitation, other rights of set-off) which the Canadian Collateral
Agent, the Canadian Administrative Agent or such other Secured Party may have.

     Section 5.7 Severability

     Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision
in any other jurisdiction.

     Section 5.8 Section Headings

     The Section headings used in this Agreement are for convenience of reference only and are not
to affect the construction hereof or be taken into consideration in the interpretation hereof.

     Section 5.9 Integration

     This Agreement and the other Loan Documents to which the Guarantor is a party represent the
entire agreement of the Guarantor, the Canadian Collateral Agent and the other Secured Parties
with respect to the subject matter hereof, and there are no promises, undertakings,
representations or warranties by the Guarantor, the Canadian Collateral Agent or

 

 

any other Secured Party relative to subject matter hereof not expressly set forth or referred to
herein or in the other Loan Documents.

     Section 5.10 GOVERNING LAW

     THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE PROVINCE OF ONTARIO
AND THE FEDERAL LAWS OF CANADA APPLICABLE THEREIN.

     Section 5.11 Submission To Jurisdiction; Waivers 

     Each party hereto hereby irrevocably and unconditionally:

     (a) submits for itself and its property in any legal action or proceeding relating to this
Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement
of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the
Province of Ontario, and appellate courts from any thereof;

     (b) consents that any such action or proceeding may be brought in such courts and waives any
objection that it may now or hereafter have to the venue of any such action or proceeding in any
such court or that such action or proceeding was brought in an inconvenient court and agrees not to
plead or claim the same;

     (c) agrees that service of process in any such action or proceeding may be effected by mailing
a copy thereof by registered or certified mail (or any substantially similar form of mail), postage
prepaid, to such party at its address referred to in Section 5.3 or at such other address of which
the Canadian Collateral Agent and the Canadian Administrative Agent or the Parent Borrower (in the
case of the Canadian Collateral Agent and the Canadian Administrative Agent) shall have been
notified pursuant thereto;

     (d) agrees that nothing herein shall affect the right to effect service of process in any
other manner permitted by law or shall limit the right to sue in any other jurisdiction; and

     (e) waives, to the maximum extent not prohibited by law, any right it may have to claim or
recover in any legal action or proceeding referred to in this Section any consequential or punitive
damages.

     Section 5.12 Acknowledgments

     The Guarantor hereby acknowledges that:

     (a) it has been advised by counsel in the negotiation, execution and delivery of this
Agreement and the other Loan Documents to which it is a party;

     (b) none of the Canadian Collateral Agent, the Canadian Administrative Agent or any other
Secured Party has any fiduciary relationship with or duty to the Guarantor arising out of or in
connection with this Agreement or any of the other Loan Documents, and the

 

 

relationship between the Guarantor, on the one hand, and the Canadian Collateral Agent, the
Canadian Administrative Agent and the other Secured Parties, on the other hand, in connection
herewith or therewith is solely that of creditor and debtor; and

     (c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by
virtue of the transactions contemplated hereby and thereby among the Secured Parties or among the
Guarantor and the Secured Parties.

     Section 5.13 WAIVER OF JURY TRIAL

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

     Section 5.14 Releases.

     At such time as the Loans (including the face amount of all outstanding Bankers’ Acceptance
Loans), the Reimbursement Obligations and the other Borrower Obligations of the Canadian Borrowers
(other than any Borrower Obligations owing to a Non-Lender Secured Party in respect of the
provision of cash management services) then due and owing, in each case, shall have been paid in
full, the Commitments applicable to the Canadian Borrowers have been terminated and no Letters of
Credit issued to the Canadian Borrowers shall be outstanding, this Agreement and all obligations
(other than those expressly stated to survive such termination) of the Canadian Collateral Agent,
the Secured Parties (if any) and the Grantor hereunder shall terminate, all without delivery of any
instrument or performance of any act by any party.

     Section 5.15 Application of Proceeds.

     All monies collected by the Canadian Collateral Agent or any Secured Party under this
Agreement will be applied as provided in the Canadian Security Agreement.

     [Remainder of page left blank intentionally; Signature page to follow.]

 

 

     IN WITNESS WHEREOF, the Guarantor has caused this Agreement to be duly executed and delivered
as of the date first written above.

	 	 	 	 	 
	 	[GUARANTOR] 

 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

SCHEDULE I

NOTICE ADDRESSES OF GUARANTOR

 

 

SCHEDULE II

GUARANTOR SECURITY DOCUMENTS

 

 

EXECUTION VERION

EXHIBIT G-2

FORM OF U.S. GUARANTEE AND COLLATERAL AGREEMENT

     U.S. GUARANTEE AND COLLATERAL AGREEMENT, dated as of November 27,
2006, made by RSC HOLDINGS II, LLC, a Delaware limited liability company
(“Holdings”), RSC HOLDINGS III, LLC, a Delaware limited liability company (in
its specific capacity as Parent Borrower, together with its successors and
assigns, the “Parent Borrower”), RENTAL SERVICE CORPORATION, an Arizona
corporation (“RSC”) and certain of the Parent Borrower’s Subsidiaries that may
become party hereto from time to time pursuant to Section 9.15 in favor of
DEUTSCHE BANK AG, NEW YORK BRANCH (“DBNY”), as collateral agent (in such
capacity, the “U.S. Collateral Agent”) and administrative agent (in such
capacity, the “U.S. Administrative Agent”) for the banks and other financial
institutions (collectively, the “Lenders”; individually, a “Lender”) from time
to time parties to the Credit Agreement described below and for the other
Secured Parties (as defined below).

W
I T N E S S E T H :

     WHEREAS, pursuant to that certain Credit Agreement, dated as of the
date hereof (as amended, amended and restated, waived, supplemented or otherwise
modified from time to time, together with any agreement extending the maturity
of, or restructuring, refunding, refinancing or increasing the Indebtedness
under such agreement or successor agreements, the “Credit Agreement”), among
Holdings, the Parent Borrower and RSC (together with the Parent Borrower and any
other entity that becomes a borrower thereunder pursuant to subsection 7.9(b) of
the Credit Agreement, the “U.S. Borrowers”), Rental Service Corporation of
Canada Ltd. (together with any other entity that becomes a borrower pursuant to
subsection 7.9(c) of the Credit Agreement, the “Canadian Borrowers”), the U.S.
Collateral Agent, the U.S. Administrative Agent, Deutsche Bank AG, Canada
Branch, as Canadian administrative agent and Canadian collateral agent (in such
capacities, the “Canadian Administrative Agent” and “Canadian Collateral
Agent”), and the other parties party thereto, the Lenders have severally agreed
to make extensions of credit to the Borrowers upon the terms and subject to the
conditions set forth therein (the Lenders, each Issuing Lender, the
Administrative Agents, the Collateral Agents and each other Agent are herein
called the “Lender Creditors”);

     WHEREAS, the Borrowers are members of an affiliated group of companies
that includes Holdings, the Borrowers, and any other Domestic Subsidiary of the
Parent Borrower that becomes a party hereto from time to time after the date
hereof (all of the foregoing (other than the Canadian Borrowers and Canadian
Finco) collectively, the “Granting Parties”);

     WHEREAS, the proceeds of the extensions of credit under the Credit
Agreement will be used in part to enable the Borrowers to make valuable
transfers to one or more of the other Granting Parties in connection with the
operation of their respective businesses;

     WHEREAS, the Borrowers and the other Granting Parties are engaged in
related businesses, and each such Granting Party will derive substantial direct
and indirect benefit from the making of the extensions of credit under the
Credit Agreement;

     WHEREAS, it is a condition to the obligation of the Lenders to make
their respective extensions of credit under the Credit Agreement that the
Granting Parties shall

 

 

execute and deliver this Agreement to the U.S. Collateral Agent for the benefit
of the Secured Parties (as defined below);

     WHEREAS, each Borrower and/or one or more of their respective
Subsidiaries may at any time and from time to time enter into one or more
Interest Rate Protection Agreements or Permitted Hedging Arrangements with one
or more Lenders or any affiliate thereof (each such Lender or affiliate, even if
the respective Lender subsequently ceases to be a Lender under the Credit
Agreement for any reason, together with such Lender’s or affiliate’s successors
and assigns, if any, collectively, the “Other Creditors” and, together with the
Lender Creditors, the “Secured Parties”);

     WHEREAS, the U.S. Collateral Agent and the Collateral Agent under, and
as defined in, the Second Lien Term Loan Credit Agreement have entered into an
Intercreditor Agreement with Holdings and certain of the Borrowers and the other
Granting Parties, dated as of the date hereof (as amended, amended and restated,
waived, supplemented or otherwise modified from time to time, the “Intercreditor
Agreement”).

     NOW, THEREFORE, in consideration of the premises and to induce the
U.S. Administrative Agent and the Lenders to enter into the Credit Agreement and
to induce the Lenders to make their respective extensions of credit to the
Borrowers thereunder, each Granting Party hereby agrees with the U.S. Collateral
Agent, for the ratable benefit of the Secured Parties, as follows:

ARTICLE I

Defined Terms

     Section 1.1. Definitions. (a) Unless otherwise defined herein, terms
defined in the Credit Agreement and used herein shall have the meanings given to
them in the Credit Agreement, and the following terms that are defined in the
Code (as in effect on the date hereof) are used herein as so defined: Chattel
Paper, Commercial Tort Claims, Documents, Electronic Chattel Paper, Deposit
Accounts, Documents, Equipment, Farm Products, Fixtures, General Intangibles,
Letter-of-Credit Rights, Money, Promissory Notes, Records, Securities,
Securities Accounts, Security Entitlements, Supporting Obligations and Tangible
Chattel Paper.

     (b) The following terms shall have the following meanings:

     “Accounts”: all accounts (as defined in the Code) of each Grantor,
including, without limitation, all Accounts (as defined in the Credit Agreement)
and Accounts Receivable of such Grantor.

     “Accounts Receivable”: any right to payment for goods sold or leased
or for services rendered, which is not evidenced by an instrument (as defined in
the Code) or Chattel Paper.

     “Adjusted Net Worth”: of any Guarantor at any time, shall mean the
greater of (x) $0 and (y) the amount by which the fair saleable value of such
Guarantor’s assets on the date of the respective payment hereunder exceeds its
debts and other liabilities (including contingent

-2-

 

liabilities, but without giving effect to any of its obligations under this
Agreement or any other Loan Document, or pursuant to its guarantee with respect
to any Indebtedness then outstanding pursuant to clauses (b) and (d) of
subsection 8.2 of the Credit Agreement) on such date.

     “Agreement”: this U.S. Guarantee and Collateral Agreement, as the same
may be amended, restated, supplemented, waived or otherwise modified from time
to time.

     “Asset Sales Proceeds Account”: one or more Deposit Accounts or
Securities Accounts holding only the proceeds of any sale or disposition of any
Collateral and the proceeds or investment thereof.

     “Bankruptcy Case”: (i) Holdings or any of its Subsidiaries commencing
any case, proceeding or other action (A) under any existing or future law of any
jurisdiction, domestic or foreign, relating to bankruptcy, insolvency,
reorganization, conservatorship or relief of debtors, seeking to have an order
for relief entered with respect to it, or seeking to adjudicate it a bankrupt or
insolvent, or seeking reorganization, arrangement, adjustment, winding-up,
liquidation, dissolution, composition or other relief with respect to it or its
debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator
or other similar official for it or for all or any substantial part of its
assets, or Holdings or any of its Subsidiaries making a general assignment for
the benefit of its creditors; or (ii) there being commenced against Holdings or
any of its Subsidiaries any case, proceeding or other action of a nature
referred to in clause (i) above which (A) results in the entry of an order for
relief or any such adjudication or appointment or (B) remains undismissed,
undischarged or unbonded for a period of 60 days.

     “Borrower Loan Document Obligations”: as defined in the definition of
“Borrower Obligations” in this subsection 1.1(b).

     “Borrower Obligations”: with respect to any Borrower, the collective
reference to: all obligations and liabilities of such Borrower in respect of (i)
the unpaid principal of and interest on (including, without limitation, interest
accruing after the maturity of the Loans and Reimbursement Obligations and
interest accruing after the filing of any petition in bankruptcy, or the
commencement of any insolvency, reorganization or like proceeding, relating to
such Borrower, whether or not a claim for post-filing or post-petition interest
is allowed in such proceeding) the Loans, the Reimbursement Obligations, and all
other obligations and liabilities of such Borrower to the Secured Parties,
whether direct or indirect, absolute or contingent, due or to become due, or now
existing or hereafter incurred, which may arise under, out of, or in connection
with, the Credit Agreement, the Loans, the Letters of Credit, the other Loan
Documents (all such obligations, liabilities and indebtedness under this clause
(i), except to the extent consisting of obligations and indebtedness with
respect to Interest Rate Protection Agreement or Permitted Hedging Arrangements,
being herein collectively called the “Borrower Loan Document Obligations”), and
(ii) any Interest Rate Protection Agreement or Permitted Hedging Arrangement
entered into with any Person who was at the time of entry into such agreement a
Lender or an affiliate of any Lender (all such obligations, liabilities and
indebtedness under this clause (ii) being herein collectively called the
“Borrower Other Obligations”); in each case whether on account of principal,
interest, reimbursement obligations, amounts payable in connection with the
provision of such cash management services or a termination of any transaction
entered into pursuant to any such Interest Rate Protection Agreement or

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Permitted Hedging Arrangement, fees, indemnities, costs, expenses or otherwise
(including, without limitation, all reasonable fees, expenses and disbursements
of counsel to the Administrative Agent or any other Secured Party that are
required to be paid by such Borrower pursuant to the terms of the Credit
Agreement or any other Loan Document).

     “Borrower Other Obligations”: as defined in the definition of
“Borrower Obligations” in this subsection 1.1(b).

     “Borrowers”: the U.S. Borrowers, the Canadian Borrower and, from and
after the date on which it executes and delivers to the U.S. Administrative
Agent a Borrower Joinder Agreement, Canadian Finco.

     “Canadian Borrower Obligations”: all Obligations of the Canadian
Borrowers and any guarantees thereof (including by U.S. Loan Parties) pursuant
to the Canadian Guarantee Agreement or pursuant to any other Loan Document.

     “Code”: the Uniform Commercial Code as from time to time in effect in
the State of New York.

     “Collateral”: as defined in Section 3; provided that, for purposes of
subsection 6.5, Section 8 and subsection 9.16(b), “Collateral” shall have the
meaning assigned to such term in the Credit Agreement.

     “Commercial Tort Action” any action, other than (i) an action
primarily seeking declaratory or injunctive relief with respect to claims
asserted or expected to be asserted by Persons other than the Grantors or (ii)
an action arising out of or related to PL/PD Claims, that is commenced by a
Grantor in the courts of the United States of America, any state or territory
thereof or any political subdivision of any such state or territory, in which
any Grantor seeks damages arising out of torts committed against it that would
reasonably be expected to result in a damage award to it exceeding $40,000,000.

     “Commitments”: the collective reference to (i) the Term Loan
Commitments, (ii) the RCF Commitments and (iii) the obligation of the Issuing
Lenders to issue Letters of Credit to the Borrowers pursuant to subsection 3.1
of the Credit Agreement.

     “Contracts”: with respect to any Grantor, all contracts, agreements,
instruments and indentures in any form and portions thereof (except for
contracts listed on Schedule 6 hereto), to which such Grantor is a party or
under which such Grantor or any property of such Grantor is subject, as the same
may from time to time be amended, supplemented, waived or otherwise modified,
including, without limitation, (i) all rights of such Grantor to receive moneys
due and to become due to it thereunder or in connection therewith, (ii) all
rights of such Grantor to damages arising thereunder and (iii) all rights of
such Grantor to perform and to exercise all remedies thereunder.

     “Copyright Licenses”: with respect to any Grantor, all written license
agreements of such Grantor providing for the grant by or to such Grantor of any
right under any copyright of such Grantor, other than agreements with any Person
who is an Affiliate or a Subsidiary of the Parent Borrower or such Grantor,
including, without limitation, any material license agreements

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listed on Schedule 5 hereto, subject, in each case, to the terms of such license
agreements, and the right to prepare for sale, sell and advertise for sale, all
Inventory now or hereafter covered by such licenses.

     “Copyrights”: with respect to any Grantor, all of such Grantor’s
right, title and interest in and to all United States and foreign copyrights,
whether or not the underlying works of authorship have been published or
registered, all United States and foreign copyright registrations and copyright
applications, including, without limitation, any copyright registrations and
copyright applications listed on Schedule 5 hereto, and (i) all renewals
thereof, (ii) all income, royalties, damages and payments now and hereafter due
and/or payable with respect thereto, including, without limitation, payments
under all licenses entered into in connection therewith, and damages and
payments for past or future infringements thereof and (iii) the right to sue or
otherwise recover for past, present and future infringements and
misappropriations thereof.

     “Credit Agreement”: has the meaning provided in the Preamble hereto.

     “Excess Foreign Subsidiary Capital Stock” as defined in Section 3.1.

     “Excluded Assets”: as defined in Section 3.3.

     “General Fund Account”: the general fund account of the relevant
Grantor established at the same office of the U.S. Collateral Account Bank as
the U.S. Collateral Proceeds Account.

     “Granting Parties”: as defined in the recitals hereto.

     “Grantor”: Holdings, the U.S. Borrowers, and any other Domestic
Subsidiary of the Parent Borrower that becomes a party hereto from time to time
after the date hereof.

     “Guarantor Obligations”: with respect to any Guarantor, the collective
reference to (i) the Obligations guaranteed by such Guarantor pursuant to
Section 2 and (ii) (A) all obligations and liabilities of such Guarantor that
may arise under or in connection with this Agreement or any other Loan Document
to which such Guarantor is a party (all such obligations, liabilities and
indebtedness under this clause (ii)(A), except to the extent consisting of
obligations and indebtedness with respect to Interest Rate Protection Agreement
or Permitted Hedging Arrangements, being herein collectively called the
“Guarantor Loan Document Obligations,” and, together with the Borrower Loan
Obligations, the “Loan Document Obligations”) and (B) any Interest Rate
Protection Agreement or Permitted Hedging Arrangement entered into with any
Person who was at the time of entry into such agreement a Lender or an affiliate
of any Lender (all such obligations, liabilities and indebtedness under this
clause (ii)(B) being herein collectively called the
“Guarantor Other Obligations,” and, together with
the Borrower Other Obligations, the “Other Obligations”); in each case whether on account of guarantee obligations,
reimbursement obligations, fees, indemnities, costs, expenses or otherwise
(including, without limitation, all fees and disbursements of counsel to the
U.S. Administrative Agent, to the Lead Arrangers or to the Lenders that are
required to be paid by such Guarantor pursuant to the terms of this Agreement or
any other Loan Document).

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     “Guarantors”:
the collective reference to each Granting Party other than Holdings; provided, that, when referring to the U.S. Borrowers as
Guarantors, such reference shall be a reference solely to a guaranty of the
Obligations of the Canadian Borrowers and Canadian Finco.

     “Instruments”: has the meaning specified in Article IX of the Code,
but excluding the Pledged Securities.

     “Intellectual Property”: with respect to any Grantor, the collective
reference to such Grantor’s Copyrights, Copyright Licenses, Patents, Patent
Licenses, Trade Secrets, Trademarks and Trademark Licenses.

     “Intercompany Note”: with respect to any Grantor, any promissory note
in a principal amount in excess of $3,500,000 evidencing loans made by such
Grantor to Holdings or any of its Subsidiaries.

     “Intercreditor Agreement”: as defined in the recitals hereto.

     “Inventory”: with respect to any Grantor, all inventory (as defined in
the Code) of such Grantor, including, without limitation, all Inventory (as
defined in the Credit Agreement) of such Grantor.

     “Investment Property”: the collective reference to (i) all “investment
property” as such term is defined in Section 9-102(a)(49) of the Uniform
Commercial Code in effect in the State of New York on the date hereof (other
than any Capital Stock of any Foreign Subsidiary excluded from the definition of
“Pledged Stock”) and (ii) whether or not constituting “investment property” as
so defined, all Pledged Securities.

     “Issuers”: the collective reference to the Persons identified on
Schedule 2 as the issuers of Pledged Stock, together with any successors to such
companies (including, without limitation, any successors contemplated by
subsection 8.5 of the Credit Agreement).

     “Lender Creditors”: as defined in the recitals hereto.

     “Loan Document Obligations”: as defined in the definition of
“Guarantor Obligations” in this subsection 1.1(b).

     “Non-Lender Secured Parties”: the collective reference to any person
who, at the time of entering into any Interest Rate Protection Agreement or
Permitted Hedging Arrangement secured hereby, was a Lender or an affiliate of
any Lender and their respective successors and assigns.

     “Obligations”: (i) in the case of each Borrower, its Borrower
Obligations and its Guarantor Obligations and (ii) in the case of each other
Guarantor, its Guarantor Obligations.

     “Other
Creditors: as defined in the recitals hereto.

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     “Other Obligations”: as defined in the definition of “Guarantor
Obligations” in this subsection 1.1(b).

     “Parent Borrower”: as defined in the Preamble hereto.

     “Patent Licenses”: with respect to any Grantor, all written license
agreements of such Grantor providing for the grant by or to such Grantor of any
right under any patent, patent application, or patentable invention other than
agreements with any Person who is an Affiliate or a Subsidiary of the Parent
Borrower or such Grantor, including, without limitation, the material license
agreements listed on Schedule 5 hereto, subject, in each case, to the terms of
such license agreements, and the right to prepare for sale, sell and advertise
for sale, all Inventory now or hereafter covered by such licenses.

     “Patents”: with respect to any Grantor, all of such Grantor’s right,
title and interest in and to all United States and foreign patents, patent
applications and patentable inventions and all reissues and extensions thereof,
including, without limitation, all patents and patent applications identified in
Schedule 5 hereto, and including, without limitation, (i) all inventions and
improvements described and claimed therein, (ii) the right to sue or otherwise
recover for any and all past, present and future infringements and
misappropriations thereof, (iii) all income, royalties, damages and other
payments now and hereafter due and/or payable with respect thereto (including,
without limitation, payments under all licenses entered into in connection
therewith, and damages and payments for past, present or future infringements
thereof), and (iv) all other rights corresponding thereto and all reissues,
divisions, continuations, continuations-in-part, substitutes, renewals, and
extensions thereof, all improvements thereon, and all other rights of any kind
whatsoever of such Grantor accruing thereunder or pertaining thereto.

     “Permitted Hedging Arrangement”: as defined in subsection 8.17 of the
Credit Agreement.

     “PL/PD Claims” means all claims that (i) arise out of or are related
to damage to the property of the Parent Borrower or any of its Subsidiaries or
out of bodily injury (including death) or damage to the property of Persons
other than the Parent Borrower and its Subsidiaries and are classified as
“public liability and property damage” claims for purposes of the consolidated
financial statements of the Parent Borrower and its Subsidiaries and (ii) arise
out of or are related to any policy of insurance under which the Parent Borrower
or any of its Subsidiaries is an insured or otherwise a beneficiary.

     “Pledged Collateral”: as to any Pledgor, the Pledged Securities now
owned or at any time hereafter acquired by such Pledgor, and any Proceeds
thereof.

     “Pledged Notes”: with respect to any Pledgor, all promissory notes
issued to or held by any Grantor in a principal amount in excess of $3,500,000
(other than promissory notes issued in connection with an extension of trade
credit by any Grantor in the ordinary course of business) and all Intercompany
Notes at any time issued to, or held or owned by, such Pledgor.

     “Pledged Securities”: the collective reference to the Pledged Notes
and the Pledged Stock.

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     “Pledged Stock”: with respect to any Pledgor, the shares of Capital
Stock listed on Schedule 2 as held by such Pledgor, together with any other
shares of Capital Stock required to be pledged by such Pledgor pursuant to
subsection 7.9 of the Credit Agreement, as well as any other shares, stock
certificates, options or rights of any nature whatsoever in respect of the
Capital Stock of any Person that may be issued or granted to, or held by, such
Pledgor while this Agreement is in effect (provided that in no event shall there
be pledged, nor shall any Pledgor be required to pledge, directly or indirectly,
(i) any of the Capital Stock of Subsidiaries of Foreign Subsidiaries or (ii) de
minimis shares of a Foreign Subsidiary held by any Pledgor as a nominee or in a
similar capacity).

     “Pledgor”: Holdings (with respect to the Pledged Stock of the Parent
Borrower and all other Pledged Collateral of the Parent Borrower), the U.S.
Borrowers (with respect to Pledged Stock of the entities listed on
Schedule 2
hereto under the name of such applicable Borrower and all other Pledged
Collateral of such applicable Borrower) and each other Granting Party (with
respect to Pledged Securities held by such Granting Party and all other Pledged
Collateral of such Granting Party).

     “Primary Canadian Borrower Obligations”: as defined in subsection
6.5.2.

     “Primary Obligations”: as defined in subsection 6.5.2.

     “Primary U.S. Borrower Obligations”: as defined in subsection 6.5.2.

     “Pro Rata Share”: as defined in subsection 6.5.2.

     “Proceeds”: all “proceeds” as such term is defined in Section
9-102(a)(64) of the Uniform Commercial Code in effect in the State of New York
on the date hereof and, in any event, Proceeds of Pledged Securities shall
include, without limitation, all dividends or other income from the Pledged
Securities, collections thereon or distributions or payments with respect
thereto.

     “Representative”: as defined in subsection 6.5.4.

     “Restrictive Agreements”: as defined in subsection 3.3(a).

     “RSC”: as defined in the recitals hereto.

     “Parent Borrower”: as defined in the recitals hereto.

     “Second-Lien Term Loan Guarantee and Collateral Agreement”: that
certain Guarantee and Collateral Agreement, dated as of the date hereof, among
Holdings, the Parent Borrower, RSC and DBNY, as collateral agent, as amended,
amended and restated, waived, supplemented or otherwise modified from time to
time.

     “Secondary
Canadian Borrower Obligations”: as defined in subsection 6.5.2.

     “Secondary Obligations”: as defined in subsection 6.5.2.

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     “Secondary U.S. Borrower Obligations”: as defined in subsection 6.5.2.

     “Secured Parties”: as defined in the recitals hereto.

     “Security Collateral”: with respect to any Granting Party, means,
collectively, the Collateral (if any) and the Pledged Collateral (if any) of
such Granting Party.

     “Specified Asset”: as defined in subsection 4.2.2 hereof.

     “Trade Secret Licenses”: with respect to any Grantor, all written
license agreements of such Grantor providing for the grant by or to such Grantor
of any right under any trade secrets, including, without limitation, know how,
processes, formulae, compositions, designs, and confidential business and
technical information, and all rights of any kind whatsoever accruing thereunder
or pertaining thereto, other than agreements with any Person who is an Affiliate
or a Subsidiary of the Parent Borrower or such Grantor, subject, in each case,
to the terms of such license agreements, and the right to prepare for sale, sell
and advertise for sale, all Inventory now or hereafter covered by such licenses.

     “Trade Secrets”: with respect to any Grantor, all of such Grantor’s
right, title and interest in and to all United States and foreign trade secrets,
including, without limitation, know-how, processes, formulae, compositions,
designs, and confidential business and technical information, and all rights of
any kind whatsoever accruing thereunder or pertaining thereto, including,
without limitation, (i) all income, royalties, damages and payments now and
hereafter due and/or payable with respect thereto, including, without
limitation, payments under all licenses, non-disclosure agreements and memoranda
of understanding entered into in connection therewith, and damages and payments
for past or future misappropriations thereof, and (ii) the right to sue or
otherwise recover for past, present or future misappropriations thereof.

     “Trademark Licenses”: with respect to any Grantor, all written license
agreements of such Grantor providing for the grant by or to such Grantor of any
right under any trademarks, service marks, trade names, trade dress or other
indicia of trade origin or business identifiers, and all rights of any kind
whatsoever accruing thereunder or pertaining thereto, other than agreements with
any Person who is an Affiliate or a Subsidiary of the Parent Borrower or such
Grantor, including, without limitation, the material license agreements listed
on Schedule 5 hereto, subject, in each case, to the terms of such license
agreements, and the right to prepare for sale, sell and advertise for sale, all
Inventory now or hereafter covered by such licenses.

     “Trademarks”: with respect to any Grantor, all of such Grantor’s
right, title and interest in and to all United States and foreign trademarks,
service marks, trade names, trade dress or other indicia of trade origin or
business identifiers, trademark and service mark registrations, and applications
for trademark or service mark registrations (except for “intent to use”
applications for trademark or service mark registrations filed pursuant to
Section l(b) of the Lanham Act, 15 U.S.C. § 1051, unless and until an
Amendment to Allege Use or a Statement of Use under Sections l(c) and l(d) of
said Act has been filed, it being understood and agreed that the carve out in
this parenthetical shall be applicable only if and for so long as a grant of a
security interest in such intent to use application would invalidate or
otherwise jeopardize Grantor’s rights therein), and any renewals thereof,
including, without limitation, each

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registration and application identified in Schedule 5 hereto, and including,
without limitation, (i) the right to sue or otherwise recover for any and all
past, present and future infringements or dilutions thereof, (ii) all income,
royalties, damages and other payments now and hereafter due and/or payable with
respect thereto (including, without limitation, payments under all licenses
entered into in connection therewith, and damages and payments for past or
future infringements thereof), and (iii) all other rights corresponding thereto
and all other rights of any kind whatsoever of such Grantor accruing thereunder
or pertaining thereto in the United States, together in each case with the
goodwill of the business connected with the use of, and symbolized by, each such
trademark, service mark, trade name, trade dress or other indicia of trade
origin or business identifiers.

     “ULC Shares”: shares in any unlimited company, incorporated or
organized under the laws of Canada or any province or territory thereof, at any
time owned or otherwise held by the Grantor.

     “U.S. Administrative Agent”: as defined in the recitals hereto.

     “U.S. Borrowers”: as defined in the recitals hereto.

     “U.S. Borrower Obligations” shall mean all Obligations of the U.S.
Borrowers (but not as a Guarantor of any Canadian Borrower or any Canadian
Subsidiary Guarantor) and any guarantees of such Obligations pursuant to this
Agreement or pursuant to any other Loan Document.

     “U.S. Collateral Account Bank”: Deutsche Bank AG, New York Branch, an
Affiliate thereof or another bank which at all times is a Lender as selected by
the relevant Grantor and consented to in writing by the U.S. Collateral Agent
(such consent not to be unreasonably withheld or delayed).

     “U.S. Collateral Proceeds Account”: a non-interest bearing cash
collateral account established and maintained by the relevant Grantor at an
office of the U.S. Collateral Account Bank in the name, and in the sole dominion
and control of, the U.S. Collateral Agent for the benefit of the Secured
Parties.

     Section 1.2. Other Definitional Provisions. (a) The words “hereof,
“herein”, “hereto” and “hereunder” and words of similar import when used in this
Agreement shall refer to this Agreement as a whole and not to any particular
provision of this Agreement, and Section, Schedule and Annex references are to
this Agreement unless otherwise specified.

     (b) The meanings given to terms defined herein shall be equally
applicable to both the singular and plural forms of such terms.

     (c) Where the context requires, terms relating to the Collateral,
Pledged Collateral or Security Collateral, or any part thereof, when used in
relation to a Granting Party shall refer to such Granting Party’s Collateral,
Pledged Collateral or Security Collateral or the relevant part thereof.

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     (d) All references in this Agreement to any of the property described
in the definition of the term “Collateral” or “Pledged Collateral”, or to any
Proceeds thereof, shall be deemed to be references thereto only to the extent
the same constitute Collateral or Pledged Collateral, respectively.

ARTICLE II

Guarantee

     Section 2.1. Guarantee. (a) (i) Each of the Guarantors hereby, jointly
and severally, unconditionally and irrevocably, guarantees to the U.S.
Administrative Agent, for the ratable benefit of the applicable Secured Parties,
the prompt and complete payment and performance by each U.S. Borrower and
Canadian Finco when due and payable (whether at the stated maturity, by
acceleration or otherwise) of the Borrower Obligations of such U.S. Borrower and
Canadian Finco owed to the applicable Secured Parties, and (ii) each of the
Guarantors hereby, jointly and severally, unconditionally and irrevocably,
guarantees to the U.S. Administrative Agent, for the ratable benefit of the
applicable Secured Parties, the prompt and complete payment and performance by
each Canadian Borrower when due and payable (whether at the stated maturity, by
acceleration or otherwise) of the Borrower Obligations of such Canadian Borrower
owed to the applicable Secured Parties.

     (b) Anything herein or in any other Loan Document to the contrary
notwithstanding, the maximum liability of each Guarantor hereunder and under the
other Loan Documents shall in no event exceed the amount that can be guaranteed
by such Guarantor under applicable law, including applicable federal and state
laws relating to the insolvency of debtors; provided that, to the maximum extent
permitted under applicable law, it is the intent of the parties hereto that (x)
the amount of the liability of any of the Guarantors or any guarantee in respect
of Indebtedness permitted pursuant to clause (b) of subsection 8.2 of the Credit
Agreement shall be reduced before the amount of the liability of the respective
Guarantor is reduced hereunder and (y) the rights of contribution of each
Guarantor provided in following subsection 2.2 be included as an asset of the
respective Guarantor in determining the maximum liability of such Guarantor
hereunder.

     (c) Each Guarantor agrees that the Borrower Obligations guaranteed by
it hereunder may at any time and from time to time exceed the amount of the
liability of such Guarantor hereunder without impairing the guarantee contained
in this Section 2 or affecting the rights and remedies of the U.S.
Administrative Agent or any other Secured Party hereunder.

     (d) The guarantee contained in this Section 2 shall remain in full
force and effect until the earlier to occur of (i) the first date on which all
the Loans, any Reimbursement Obligations, all other Borrower Obligations then
due and owing, and the obligations of each Guarantor under the guarantee
contained in this Section 2 then due and owing shall have been satisfied by
payment in full in cash, no Letter of Credit shall be outstanding and the
Commitments shall have been terminated, notwithstanding that from time to time
during the term of the Credit Agreement any of the Borrowers may be free from
any Borrower Obligations, or (ii) as to any Guarantor, the sale or other
disposition of all of the Capital Stock of such Guarantor

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(to a Person other than Holdings, the Parent Borrower or a Subsidiary of either)
as permitted under the Credit Agreement.

     (e) No payment made by any Borrower, any of the Guarantors, any other
guarantor or any other Person or received or collected by the U.S.
Administrative Agent or any other Secured Party from any of the Borrowers, any
of the Guarantors, any other guarantor or any other Person by virtue of any
action or proceeding or any set-off or appropriation or application at any time
or from time to time in reduction of or in payment of any of the Borrower
Obligations shall be deemed to modify, reduce, release or otherwise affect the
liability of any Guarantor hereunder which shall, notwithstanding any such
payment (other than any payment made by such Guarantor in respect of the
Borrower Obligations or any payment received or collected from such Guarantor in
respect of any of the Borrower Obligations), remain liable for the Borrower
Obligations of each Borrower guaranteed by it hereunder up to the maximum
liability of such Guarantor hereunder until the earlier to occur of (i) the
first date on which all the Loans, any Reimbursement Obligations, and all other
Borrower Obligations then due and owing, are paid in full in cash, no Letter of
Credit shall be outstanding (except for Letters of Credit that have been cash
collateralized in a manner satisfactory to the Issuing Lender) and the
Commitments are terminated or (ii) the sale or other disposition of all of the
Capital Stock of such Guarantor (to a Person other than Holdings, the Parent
Borrower or a Subsidiary of either) as permitted under the Credit Agreement.

     Section 2.2. Right of Contribution. Each Guarantor hereby agrees that
to the extent that a Guarantor shall have paid more than its proportionate share
(based, to the maximum extent permitted by law, on the respective Adjusted Net
Worths of the Guarantors on the date the respective payment is made) of any
payment made hereunder, such Guarantor shall be entitled to seek and receive
contribution from and against any other Guarantor hereunder that has not paid
its proportionate share of such payment. Each Guarantor’s right of contribution
shall be subject to the terms and conditions of subsection 2.3. The provisions
of this subsection 2.2 shall in no respect limit the obligations and liabilities
of any Guarantor to the U.S. Administrative Agent and the other Secured Parties,
and each Guarantor shall remain liable to the U.S. Administrative Agent and the
other Secured Parties for the full amount guaranteed by such Guarantor
hereunder.

     Section 2.3. No Subrogation. Notwithstanding any payment made by any
Guarantor hereunder or any set-off or application of funds of any Guarantor by
the U.S. Administrative Agent or any other Secured Party, no Guarantor shall be
entitled to be subrogated to any of the rights of the U.S. Administrative Agent
or any other Secured Party against any Borrower or any other Guarantor or any
collateral security or guarantee or right of offset held by the U.S.
Administrative Agent or any other Secured Party for the payment of the Borrower
Obligations, nor shall any Guarantor seek or be entitled to seek any
contribution or reimbursement from the Borrower or any other Guarantor in
respect of payments made by such Guarantor hereunder, until all amounts owing to
the U.S. Administrative Agent and the other Secured Parties by the Borrowers on
account of the Borrower Obligations are paid in full in cash, no Letter of
Credit shall be outstanding and the Commitments are terminated. If any amount
shall be paid to any Guarantor on account of such subrogation rights at any time
when all of the Borrower Obligations shall not have been paid in full in cash or
any Letter of Credit shall remain outstanding (and shall not have been cash
collateralized in a manner satisfactory to the Issuing Lender) or any of the
Commitments shall remain in effect, such amount shall be held by such

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Guarantor in trust for the U.S. Administrative Agent and the other Secured
Parties, segregated from other funds of such Guarantor, and shall, forthwith
upon receipt by such Guarantor, be turned over to the U.S. Administrative Agent
in the exact form received by such Guarantor (duly indorsed by such Guarantor to
the U.S. Administrative Agent if required), to be held as collateral security
for all of the Borrower Obligations (whether matured or unmatured) guaranteed by
such Guarantor and/or then or at any time thereafter may be applied against any
Borrower Obligations, whether matured or unmatured, in such order as the U.S.
Administrative Agent may determine.

     Section 2.4. Amendments, etc. with respect to the Obligations. To the
maximum extent permitted by law, each Guarantor shall remain obligated hereunder
notwithstanding that, without any reservation of rights against any Guarantor
and without notice to or further assent by any Guarantor, any demand for payment
of any of the Borrower Obligations made by the U.S. Collateral Agent, the U.S.
Administrative Agent or any other Secured Party may be rescinded by the U.S.
Collateral Agent, the U.S. Administrative Agent or such other Secured Party and
any of the Borrower Obligations continued, and the Borrower Obligations, or the
liability of any other Person upon or for any part thereof, or any collateral
security or guarantee therefor or right of offset with respect thereto, may,
from time to time, in whole or in part, be renewed, extended, amended, waived,
modified, accelerated, compromised, subordinated, waived, surrendered or
released by the U.S. Collateral Agent, the U.S. Administrative Agent or any
other Secured Party, and the Credit Agreement and the other Loan Documents and
any other documents executed and delivered in connection therewith may be
amended, waived, modified, supplemented or terminated, in whole or in part, as
the U.S. Collateral Agent or the U.S. Administrative Agent (or the Required
Lenders or the applicable Lenders(s), as the case may be) may deem advisable
from time to time, and any collateral security, guarantee or right of offset at
any time held by the U.S. Collateral Agent, the U.S. Administrative Agent or any
other Secured Party for the payment of any of the Borrower Obligations may be
sold, exchanged, waived, surrendered or released. None of the U.S. Collateral
Agent, the U.S. Administrative Agent and each other Secured Party shall have any
obligation to protect, secure, perfect or insure any Lien at any time held by it
as security for any of the Borrower Obligations or for the guarantee contained
in this Section 2 or any property subject thereto, except to the extent required
by applicable law.

     Section 2.5. Guarantee Absolute and Unconditional. Each Guarantor
waives, to the maximum extent permitted by applicable law, any and all notice of
the creation, renewal, extension or accrual of any of the Borrower Obligations
and notice of or proof of reliance by the U.S. Collateral Agent, the U.S.
Administrative Agent or any other Secured Party upon the guarantee contained in
this Section 2 or acceptance of the guarantee contained in this Section 2; each
of the Borrower Obligations, and any obligation contained therein, shall
conclusively be deemed to have been created, contracted or incurred, or renewed,
extended, amended or waived, in reliance upon the guarantee contained in this
Section 2; and all dealings between any of the Borrowers and any of the
Guarantors, on the one hand, and the U.S. Collateral Agent, the U.S.
Administrative Agent and the other Secured Parties, on the other hand, likewise
shall be conclusively presumed to have been had or consummated in reliance upon
the guarantee contained in this Section 2. Each Guarantor waives, to the maximum
extent permitted by applicable law, diligence, presentment, protest, demand for
payment and notice of default or nonpayment to or upon any Borrower or any of
the other Guarantors with respect to any of the Borrower Obligations. Each
Guarantor understands and agrees, to the extent permitted by law,

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that the guarantee contained in this Section 2 shall be construed as a
continuing, absolute and unconditional guarantee of payment and not of
collection. Each Guarantor hereby waives, to the maximum extent permitted by
applicable law, any and all defenses (other than any suit for breach of a
contractual provision of any of the Loan Documents) that it may have arising out
of or in connection with any and all of the following: (a) the validity or
enforceability of the Credit Agreement or any other Loan Document, any of the
Borrower Obligations or any other collateral security therefor or guarantee or
right of offset with respect thereto at any time or from time to time held by
the U.S. Collateral Agent, the U.S. Administrative Agent or any other Secured
Party, (b) any defense, set-off or counterclaim (other than a defense of payment
or performance) that may at any time be available to or be asserted by any of
the Borrowers against the U.S. Collateral Agent, the U.S. Administrative Agent
or any other Secured Party, (c) any change in the time, place, manner or place
of payment, amendment, or waiver or increase in any of the Obligations, (d) any
exchange, taking, or release of Security Collateral, (e) any change in the
structure or existence of any of the Borrowers, (f) any application of Security
Collateral to any of the Obligations, (g) any law, regulation or order of any
jurisdiction, or any other event, affecting any term of any Obligation or the
rights of the U.S. Collateral Agent, the U.S. Administrative Agent or any other
Secured Party with respect thereto, including, without limitation: (i) the
application of any such law, regulation, decree or order, including any prior
approval, which would prevent the exchange of any currency (other than Dollars)
for Dollars or the remittance of funds outside of such jurisdiction or the
unavailability of Dollars in any legal exchange market in such jurisdiction in
accordance with normal commercial practice, (ii) a declaration of banking
moratorium or any suspension of payments by banks in such jurisdiction or the
imposition by such jurisdiction or any Governmental Authority thereof of any
moratorium on, the required rescheduling or restructuring of, or required
approval of payments on, any indebtedness in such jurisdiction, (iii) any
expropriation, confiscation, nationalization or requisition by such country or
any Governmental Authority that directly or indirectly deprives any Borrower of
any assets or their use, or of the ability to operate its business or a material
part thereof, or (iv) any war (whether or not declared), insurrection,
revolution, hostile act, civil strife or similar events occurring in such
jurisdiction which has the same effect as the events described in clause (i),
(ii) or (iii) above (in each of the cases contemplated in clauses (i) through
(iv) above, to the extent occurring or existing on or at any time after the date
of this Agreement), or (h) any other circumstance whatsoever (other than payment
in full in cash of the Borrower Obligations guaranteed by it hereunder) (with or
without notice to or knowledge of any of the Borrowers or such Guarantor) that
constitutes, or might be construed to constitute, an equitable or legal
discharge of any of the Borrowers for the Borrower Obligations, or of such
Guarantor under the guarantee contained in this Section 2, in bankruptcy or in
any other instance. When making any demand hereunder or otherwise pursuing its
rights and remedies hereunder against any Guarantor, the U.S. Collateral Agent,
the U.S. Administrative Agent and any other Secured Party may, but shall be
under no obligation to, make a similar demand on or otherwise pursue such rights
and remedies as it may have against any of the Borrowers, any other Guarantor or
any other Person or against any collateral security or guarantee for the
Borrower Obligations guaranteed by such Guarantor hereunder or any right of
offset with respect thereto, and any failure by the U.S. Collateral Agent, the
U.S. Administrative Agent or any other Secured Party to make any such demand, to
pursue such other rights or remedies or to collect any payments from the
Borrower, any other Guarantor or any other Person or to realize upon any such
collateral security or guarantee or to exercise any such right of offset, or any
release of any of the

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Borrower, any other Guarantor or any other Person or any such collateral
security, guarantee or right of offset, shall not relieve any Guarantor of any
obligation or liability hereunder, and shall not impair or affect the rights and
remedies, whether express, implied or available as a matter of law, of the U.S.
Collateral Agent, the U.S. Administrative Agent or any other Secured Party
against any Guarantor. For the purposes hereof “demand” shall include the
commencement and continuance of any legal proceedings.

     Section 2.6. Reinstatement. The guarantee of any Guarantor contained
in this Section 2 shall continue to be effective, or be reinstated, as the case
may be, if at any time payment, or any part thereof, of any of the Borrower
Obligations guaranteed by such Guarantor hereunder is rescinded or must
otherwise be restored or returned by the U.S. Collateral Agent, the U.S.
Administrative Agent or any other Secured Party upon the insolvency, bankruptcy,
dissolution, liquidation or reorganization of any Borrower or any Guarantor, or
upon or as a result of the appointment of a receiver, intervenor or conservator
of, or trustee or similar officer for, any Borrower or any Guarantor or any
substantial part of its property, or otherwise, all as though such payments had
not been made.

     Section 2.7. Payments. Each Guarantor hereby guarantees that payments
hereunder will be paid to the U.S. Administrative Agent without set-off or
counterclaim, in Dollars (or in the case of any amount required to be paid in
any other currency pursuant to the requirements of the Credit Agreement or other
agreement relating to the respective Obligations, such other currency), at the
U.S. Administrative Agent’s office specified in subsection 11.2 of the Credit
Agreement or such other address as may be designated in writing by the U.S.
Administrative Agent to such Guarantor from time to time in accordance with
subsection 11.2 of the Credit Agreement.

ARTICLE III

Grant of Security Interest

     Section 3.1. Grant. Each Grantor hereby grants, subject to existing
licenses to use the Copyrights, Patents, Trademarks and Trade Secrets granted by
such Grantor in the ordinary course of business, to the U.S. Collateral Agent,
for the ratable benefit of the Secured Parties, a security interest in all of
the Collateral of such Grantor, as collateral security for the prompt and
complete payment and performance when due (whether at the stated maturity, by
acceleration or otherwise) of the Obligations of such Grantor, except as
provided in subsection 3.3. The term “Collateral”, as to any Grantor, means the
following property (wherever located) now owned or at any time hereafter
acquired by such Grantor or in which such Grantor now has or at any time in the
future may acquire any right, title or interest, except as provided in
subsection 3.3:

     (a) all Accounts;

     (b) all Accounts Receivable;

     (c) all Money (including all cash);

     (d) all Cash Equivalents;

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     (e) all Chattel Paper;

     (f) all Contracts;

     (g) all Deposit Accounts (including DDAs);

     (h) all Documents;

     (i) all Equipment;

     (j) all General Intangibles;

     (k) all Instruments;

     (l) all insurance proceeds;

     (m) all Intellectual Property;

     (n) all Inventory;

     (o) all Investment Property;

     (p) all Letter of Credit Rights;

     (q) all Rental Fleet;

     (r) all Fixtures;

     (s) all Commercial Tort Claims constituting Commercial Tort Actions
described in Schedule 7 (together with any Commercial Tort Actions subject
to a further writing provided in accordance with subsection 5.2.12);

     (t) all books and records pertaining to any of the foregoing;

     (u) the U.S. Collateral Proceeds Account; and

     (v) to the extent not otherwise included, all Proceeds and products of
any and all of the foregoing and all collateral security and guarantees
given by any Person with respect to any of the foregoing;

provided that, in the case of each Grantor, (w) Collateral shall not include any
Pledged Collateral, or any property or assets specifically excluded from Pledged
Collateral, (x) to the extent any Capital Stock of any Foreign Subsidiary is
pledged hereunder which represent more than 65% of all classes of the Capital
Stock of the respective Foreign Subsidiary (with all Capital Stock of the
respective Foreign Subsidiary in excess of said 65% limit being herein called
“Excess Foreign Subsidiary Capital Stock”), such Excess Foreign Subsidiary
Capital Stock shall secure Borrower Obligations of the respective Grantor only
as a guarantor of the Borrower Obligations of the Canadian Borrowers, and shall
not secure any direct Obligations of the U.S. Borrowers (or guarantees of such
Obligations by the respective Grantor) and (y) each Grantor

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shall be required to pledge hereunder 65% of the Capital Stock of each Foreign
Subsidiary at any time and from time to time acquired by such Grantor, which
Capital Stock shall not be subject to the limitations described in preceding
clause (x).

     Section 3.2. Pledged Collateral. Each Granting Party that is a
Pledgor, hereby grants to the U.S. Collateral Agent, for the ratable benefit of
the Secured Parties, a security interest in all of the Pledged Collateral of
such Pledgor now owned or at any time hereafter acquired by such Pledgor, and
any Proceeds thereof, as collateral security for the prompt and complete payment
and performance when due (whether at the stated maturity, by acceleration or
otherwise) of the Obligations of such Pledgor, except as provided in subsection
3.3.

     Section 3.3. Certain Limited Exceptions. No security interest is or
will be granted pursuant hereto in any right, title or interest of any Granting
Party under or in (collectively, the “Excluded Assets”):

     (a) any Instruments, Contracts, Chattel Paper, General Intangibles,
Copyright Licenses, Patent Licenses, Trademark Licenses, Trade Secret
Licenses or other contracts or agreements with or issued by Persons other
than Holdings, a Subsidiary of Holdings or an Affiliate thereof,
(collectively, “Restrictive Agreements”) that would otherwise be included
in the Security Collateral (and such Restrictive Agreements shall not be
deemed to constitute a part of the Security Collateral) for so long as, and
to the extent that, the granting of such a security interest pursuant
hereto would result in a breach, default or termination of such Restrictive
Agreements (in each case, except to the extent that, pursuant to the Code
or other applicable law, the granting of security interests therein can be
made without resulting in a breach, default or termination of such
Restrictive Agreements);

     (b) any Equipment that would otherwise be included in the Security
Collateral (and such Equipment shall not be deemed to constitute a part of
the Security Collateral) if such Equipment is subject to a Lien permitted
by subsection 8.3(h) of the Credit Agreement (but only for so long as such
Liens are in place);

     (c) any property that would otherwise be included in the Security
Collateral (and such property shall not be deemed to constitute a part of
the Security Collateral) if such property has been sold or otherwise
transferred in connection with a Sale and Leaseback Transaction permitted
under subsection 8.11 of the Credit Agreement, or is subject to any Liens
permitted under subsection 8.3(n) of the Credit Agreement. Notwithstanding
the foregoing, the security interest of the Collateral Agent shall attach
to any money, securities or other consideration received by any Grantor as
consideration for the sale or other disposition of such property;

     (d) any Intellectual Property governed by the laws of a jurisdiction
in which a security interest or similar lien of any kind is prohibited
under that jurisdiction’s laws, for so long as the laws of that
jurisdiction so provide;

     (e) Capital Stock which is specifically excluded from the definition
of Pledged Stock by virtue of the proviso contained in the parenthetical to
such definition;

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     (f) Capital Stock issued by Canadian Finco and any other ULC Shares.
If the Grantor acquires any ULC Shares, it shall promptly notify the U.S.
Collateral Agent. Upon the request of the U.S. Collateral Agent, such
Grantor shall execute and deliver all such agreements and deliver all such
other documents, opinions and certificates (including without limitation
share certificates evidencing such ULC Shares) as the U.S. Collateral Agent
may reasonably require to receive a perfected, first ranking priority
security interest in the ULC Shares, in each case, in form and substance
reasonably acceptable to the U.S. Collateral Agent;

     (g) Any forward contracts between RSC and RSC Canada entered into in
connection with the loan made by Canadian Finco to RSC Canada; or

     (h) any Money, cash, checks, other negotiable instrument, funds and
other evidence of payment held in any Deposit Account of the Parent
Borrower or any of its Subsidiaries (i) for the benefit of customers of any
Granting Party or any of its Subsidiaries in the ordinary course of
business and (ii) in the nature of security deposit with respect to
obligations for the benefit of the Parent Borrower or any of its
Subsidiaries, which must be held for or returned to the applicable
counterparty under applicable law or pursuant to Contractual Obligations.

     Section 3.4. Intercreditor Relations. Notwithstanding anything herein
to the contrary, it is the understanding of the parties that the Liens granted
pursuant to this Agreement shall with respect to all Security Collateral, be
senior to the Liens granted to the Second-Lien Collateral Agent (as defined in
the Intercreditor Agreement) for the benefit of the holders of the Second-Lien
Obligations (as defined in the Intercreditor Agreement) to secure the
Second-Lien Obligations (as defined in the Intercreditor Agreement) pursuant to
the Second-Lien Term Loan Guarantee and Collateral Agreement. Notwithstanding
anything herein to the contrary, the Liens and security interest granted to the
U.S. Collateral Agent pursuant to this Agreement and the exercise of any right
or remedy by the U.S. Collateral Agent hereunder are subject to the provisions
of the Intercreditor Agreement. In the event of any conflict between the terms
of the Intercreditor Agreement and this Agreement, the terms of the
Intercreditor Agreement shall govern and control.

ARTICLE IV

Representations and Warranties

     Section 4.1. Representations and Warranties of Each Guarantor. To
induce the U.S. Collateral Agent and the Lenders to enter into the Credit
Agreement and to induce the Lenders to make their respective extensions of
credit to the Borrowers thereunder, each Guarantor hereby represents and
warrants to the U.S. Collateral Agent and each other Secured Party that the
representations and warranties set forth in Section 5 of the Credit Agreement as
they relate to such Guarantor or to the Loan Documents to which such Guarantor
is a party, each of which representations and warranties is hereby incorporated
herein by reference, are true and correct in all material respects, and the U.S.
Collateral Agent and each other Secured Party shall be entitled to rely on each
of such representations and warranties as if fully set forth herein;
provided
that each reference in each such representation and warranty to the Parent
Borrower’s knowledge

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shall, for the purposes of this subsection 4.1, be deemed to be a reference to
such Guarantor’s knowledge.

     Section 4.2. Representations and Warranties of Each Grantor. To induce
the U.S. Collateral Agent and the Lenders to enter into the Credit Agreement and
to induce the Lenders to make their respective extensions of credit to the
Borrowers thereunder, each Grantor hereby represents and warrants to the U.S.
Collateral Agent and each other Secured Party that, in each case after giving
effect to the Transactions:

     4.2.1 Title; No Other Liens. Except for the security interests granted
to the U.S. Collateral Agent for the ratable benefit of the Secured Parties
pursuant to this Agreement and the other Liens permitted to exist on such
Grantor’s Collateral by the Credit Agreement (including, without
limitation, subsection 8.3 thereof), such Grantor owns each item of such
Grantor’s Collateral free and clear of any and all Liens. Except as set
forth on Schedule 3, no currently effective financing statement or other
similar public notice with respect to all or any part of such Grantor’s
Collateral is on file or of record in any public office, except such as
have been filed in favor of the U.S. Collateral Agent for the ratable
benefit of the Secured Parties pursuant to this Agreement or as are
permitted by the Credit Agreement (including without limitation subsection
8.3 thereof) or any other Loan Document or for which termination statements
will be delivered on the Closing Date.

     4.2.2 Perfected First Priority Liens. (a) This Agreement is effective
to create, as collateral security for the Obligations of such Grantor,
valid and enforceable Liens on such Grantor’s Security Collateral in favor
of the U.S. Collateral Agent for the benefit of the Secured Parties, except
(i) with respect to all Intellectual Property that is an Excluded Asset or
(ii) as enforceability may be affected by bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium and other similar laws
relating to or affecting creditor’s rights generally, general equitable
principles (whether considered in a proceeding in equity or at law) and an
implied covenant of good faith and fair dealing.

     (b) Except with regard to (i) Liens (if any) on Specified Assets and
(ii) any rights in favor of the United States government as required by law
(if any), upon the completion of the Filings and, with respect to
Instruments, Chattel Paper and Documents upon the earlier of such Filing or
the delivery to and continuing possession by the U.S. Collateral Agent, of
all Instruments, Chattel Paper and Documents a security interest in which
is perfected by possession, and the obtaining and maintenance of “control”
(as described in the Code) by the U.S. Collateral Agent, the Canadian
Collateral Agent, the U.S. Administrative Agent, as applicable (or their
respective agents appointed for purposes of perfection), in accordance with
the Intercreditor Agreement of all Deposit Accounts, the U.S. Collateral
Proceeds Account, Electronic Chattel Paper and Letter of Credit Rights a
security interest in which is perfected by “control” and in the case of
Commercial Tort Actions (other than such Commercial Tort Actions listed on
Schedule 7 on the date of this Agreement), the taking of the actions
required by subsection 5.2.12 herein, the Liens created pursuant to this
Agreement will constitute valid Liens on and (to the extent provided
herein) perfected security interests in such Grantor’s Security Collateral
in favor of the U.S. Collateral Agent for the benefit of the Secured
Parties, and

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will be prior to all other Liens of all other Persons other than Permitted
Liens, and enforceable as such as against all other Persons other than
Ordinary Course Transferees, except to the extent that the recording of an
assignment or other transfer of title to the U.S. Collateral Agent or the
recording of other applicable documents in the United States Patent and
Trademark Office or United States Copyright Office may be necessary for
perfection or enforceability, and except as enforceability may be limited
by applicable bankruptcy, insolvency, reorganization, moratorium or similar
laws affecting the enforcement of creditors’ rights generally and by
general equitable principles (whether enforcement is sought by proceedings
in equity or at law) or by an implied covenant of good faith and fair
dealing. As used in this subsection 4.2.2(b), the following terms shall
have the following meanings:

          “Filings”: the filing or recording of (i) the Financing
Statements as set forth in Schedule 3, (ii) this Agreement or a notice
thereof with respect to Intellectual Property as set forth in
Schedule 3,
(iii) the recordation after the Closing Date on the certificate of title
related thereto of each Lien granted in favor of the U.S. Collateral Agent
hereunder, subject to certificate of title statutes, and (iv) any filings
after the Closing Date in any other jurisdiction as may be necessary under
any Requirement of Law.

          “Financing Statements”: the financing statements delivered to the
U.S. Collateral Agent by such Grantor on the Closing Date for filing in the
jurisdictions listed in Schedule 4.

          “Ordinary Course Transferees”: (i) with respect to goods only,
buyers in the ordinary course of business and lessees in the ordinary
course of business to the extent provided in Section 9-320(a) and 9-321 of
the Uniform Commercial Code as in effect from time to time in the relevant
jurisdiction, (ii) with respect to general intangibles only, licensees in
the ordinary course of business to the extent provided in Section 9-321 of
the Uniform Commercial Code as in effect from time to time in the relevant
jurisdiction and (iii) any other Person who is entitled to take free of the
Lien pursuant to the Uniform Commercial Code as in effect from time to time
in the relevant jurisdiction.

          “Permitted Liens”: Liens permitted pursuant to the Credit
Documents, including without limitation those permitted to exist pursuant
to subsection 8.3 of the Credit Agreement.

          “Specified Assets”: the following property and assets of such
Grantor:

     (1) Patents, Patent Licenses, Trademarks and Trademark Licenses
to the extent that (a) Liens thereon cannot be perfected by the filing
of financing statements under the Uniform Commercial Code or by the
filing and acceptance thereof in the United States Patent and
Trademark Office (including Liens on such Patents, Patent Licenses,
Trademarks and Trademark Licenses that are non-U.S. Patents, Patent
Licenses, Trademarks and Trademark Licenses) or (b) such Patents,
Patent Licenses, Trademarks and Trademark Licenses are not,

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individually or in the aggregate, material to the business of the
Parent Borrower and its Subsidiaries taken as a whole;

     (2) Copyrights and Copyright Licenses with respect thereto and
Accounts or receivables arising therefrom to the extent that the
Uniform Commercial Code as in effect from time to time in the relevant
jurisdiction is not applicable to the creation or perfection of Liens
thereon;

     (3) Collateral for which the perfection of Liens thereon requires
filings in or other actions under the laws of jurisdictions outside of
the United States of America, any State, territory or dependency
thereof or the District of Columbia;

     (4) goods included in Collateral received by any Person from any
Grantor for “sale or return” within the meaning of Section 2-326 of
the Uniform Commercial Code of the applicable jurisdiction, to the
extent of claims of creditors of such Person;

     (5) Equipment constituting Fixtures (other than any such
Equipment subject to a Mortgage);

     (6) Proceeds of Accounts or Inventory which do not themselves
constitute Collateral or which have not yet been transferred to or
deposited in the U.S. Collateral Proceeds Account (if any) or to a
Blocked Account; and

     (7) uncertificated securities (to the extent a security interest
is not perfected by the filing of a financing statement).

     4.2.3 Jurisdiction of Organization. On the date hereof, such Grantor’s
jurisdiction of organization is specified on Schedule 4.

     4.2.4 Farm Products. None of such Grantor’s Collateral constitutes, or
is the Proceeds of, Farm Products.

     4.2.5 Accounts Receivable. The amounts represented by such Grantor to
the U.S. Administrative Agent or the other Secured Parties from time to
time as owing by each account debtor or by all account debtors in respect
of such Grantor’s Accounts Receivable constituting Security Collateral will
at such time be the correct amount, in all material respects, actually
owing by such account debtor or debtors thereunder, except to the extent
that appropriate reserves therefor have been established on the books of
such Grantor in accordance with GAAP. Unless otherwise indicated in writing
to the U.S. Administrative Agent, each Account Receivable of such Grantor
arises out of a bona fide sale and delivery of goods or rendition of
services by such Grantor. Such Grantor has not given any account debtor any
deduction in respect of the amount due under any such Account, except in
the ordinary course of business or as such Grantor may otherwise advise the
U.S. Administrative Agent in writing.

     4.2.6 Patents, Copyrights and Trademarks. Schedule 5 lists all
material Trademarks, material Copyrights and material Patents, in each
case, registered in the

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United States Patent and Trademark Office or the United States Copyright
Office or other equivalent foreign office, as applicable, and owned by such
Grantor in its own name as of the date hereof, and all material Trademark
Licenses, all material Copyright Licenses and all material Patent Licenses
(including, without limitation, material Trademark Licenses for registered
Trademarks, material Copyright Licenses for registered Copyrights and
material Patent Licenses for registered Patents) owned by such Grantor in
its own name as of the date hereof.

     Section 4.3. Representations and Warranties of Each Pledgor. To induce
the U.S. Collateral Agent, the U.S. Administrative Agent and the Lenders to
enter into the Credit Agreement and to induce the Lenders to make their
respective extensions of credit to the Borrowers thereunder, each Pledgor hereby
represents and warrants to the U.S. Collateral Agent and each other Secured
Party that:

     4.3.1 Except as provided in subsection 3.3, the shares of Pledged
Stock pledged by such Pledgor hereunder constitute all the issued and
outstanding shares of all classes of the Capital Stock of such Subsidiary
owned by such Pledgor.

     4.3.2 All the shares of the Pledged Stock pledged by such Pledgor
hereunder have been duly and validly issued and are fully paid and
nonassessable (or the equivalent, if any, under applicable foreign law).

     4.3.3 Such Pledgor is the record and beneficial owner of, and has good
title to, the Pledged Securities pledged by it hereunder, free of any and
all Liens or options in favor of, or claims of, any other Person, except
the security interest created by this Agreement and Liens arising by
operation of law or permitted by the Credit Agreement.

     4.3.4 Upon the delivery to the U.S. Collateral Agent of the
certificates, if any, evidencing the Pledged Securities held by such
Pledgor together with executed undated stock powers or other instruments of
transfer, the security interest created in such Pledged Securities
constituting certificated securities by this Agreement, assuming the
continuing possession of such Pledged Securities by the U.S. Collateral
Agent will constitute a valid, perfected first priority security interest
in such Pledged Securities to the extent provided in and governed by the
Code, enforceable in accordance with its terms against all creditors of
such Pledgor and any Persons purporting to purchase such Pledged Securities
from such Pledgor, except as enforceability may be affected by bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and other
similar laws relating to or affecting creditors’ rights generally, general
equitable principles (whether considered in a proceeding in equity or at
law) and an implied covenant of good faith and fair dealing.

     4.3.5 Upon the earlier of (x) (to the extent a security interest in
uncertificated securities may be perfected by the filing of a financing
statement) the filing of the financing statements listed on Schedule 3
hereto and (y) the obtaining and maintenance of “control” (as described in
the Code) by the U.S. Collateral Agent (or its agent appointed for purposes
of perfection) of all Pledged Securities that constitute uncertificated
securities, the security interest created by this Agreement in such Pledged
Securities that constitute uncertificated securities, will constitute a
valid, perfected first

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priority security interest in such Pledged Securities constituting
uncertificated securities, enforceable in accordance with its terms against
all creditors of such Pledgor and any persons purporting to purchase such
Pledged Securities from such Pledgor, to the extent provided in and
governed by the Code, except as enforceability may be affected by
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium
and other similar laws relating to or affecting creditors’ rights
generally, general equitable principles (whether considered in a proceeding
in equity or at law) and an implied covenant of good faith and fair
dealing.

ARTICLE V

Covenants

     Section 5.1. Covenants of Each Guarantor. Each Guarantor covenants and
agrees with the U.S. Collateral Agent and the other Secured Parties that, from
and after the date of this Agreement until the earlier to occur of (i) the date
upon which the Loans, any Reimbursement Obligations, and all other Obligations
then due and owing, shall have been paid in full in cash, no Letter of Credit
shall be outstanding (except for Letters of Credit that have been cash
collateralized in a manner satisfactory to the Issuing Lender) and the
Commitments shall have terminated or (ii) as to any Guarantor, the date upon
which all the Capital Stock of such Guarantor shall have been sold or otherwise
disposed of (to a Person other than Holdings, the Parent Borrower or a
Subsidiary of either) in accordance with the terms of the Credit Agreement, such
Guarantor shall take, or shall refrain from taking, as the case may be, each
action that is necessary to be taken or not taken, as the case may be, so that
no Default or Event of Default is caused by the failure to take such action or
to refrain from taking such action by such Guarantor or any of its Subsidiaries.

     Section 5.2. Covenants of Each Grantor. Each Grantor covenants and
agrees with the U.S. Collateral Agent and the other Secured Parties that, from
and after the date of this Agreement until the earlier to occur of (i) the date
upon which the Loans, any Reimbursement Obligations and all other Obligations
then due and owing shall have been paid in full in cash, no Letter of Credit
shall be outstanding (except for Letters of Credit that have been cash
collateralized in a manner satisfactory to the Issuing Lender) and the
Commitments shall have terminated or (ii) as to any Grantor, the date upon which
all the Capital Stock of such Grantor shall have been sold or otherwise disposed
of (to a Person other than Holdings, the Parent Borrower or a Subsidiary of
either) in accordance with the terms of the Credit Agreement:

     5.2.1 Delivery of Instruments and Chattel Paper. If any amount payable
under or in connection with any of such Grantor’s Collateral shall be or
become evidenced by any Instrument or Chattel Paper, such Grantor shall
(except as provided in the following sentence) be entitled to retain
possession of all Collateral of such Grantor evidenced by any Instrument or
Chattel Paper, and shall hold all such Collateral in trust for the U.S.
Collateral Agent, for the ratable benefit of the Secured Parties. In the
event that an Event of Default shall have occurred and be continuing, upon
the request of the U.S. Collateral Agent, such Instrument or Chattel Paper
(other than ordinary course rental contracts for Rental Fleet) shall be
promptly delivered to the U.S. Collateral Agent, duly indorsed in a manner
satisfactory to the U.S. Collateral Agent, to be held as Collateral
pursuant to this

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Agreement. Such Grantor shall not permit any other Person to possess any
such Collateral at any time other than in connection with any sale or other
disposition of such Collateral in a transaction permitted by the Credit
Agreement.

     5.2.2 Maintenance of Insurance. Such Grantor will maintain with
financially sound and reputable insurance companies insurance on all
property material to the business of the Parent Borrower and its
Subsidiaries, taken as a whole, in at least such amounts and against at
least such risks (but including in any event public liability, product
liability and business interruption) as are usually insured against in the
same general area by companies of similar size engaged in the same or a
similar business; furnish to the U.S. Collateral Agent, upon written
request, information in reasonable detail as to the insurance carried; and
ensure that at all times the U.S. Collateral Agent shall be named as
additional insureds with respect to liability policies and the U.S.
Collateral Agent shall be named loss payee with respect to the casualty
insurance maintained by such Grantor with respect to such Grantor’s
Collateral.

     5.2.3 Payment of Obligations. Such Grantor will pay, discharge or
otherwise satisfy at or before maturity or before they become delinquent,
as the case may be, all material taxes, assessments and governmental
charges or levies imposed upon such Grantor’s Collateral or in respect of
income or profits therefrom, as well as all material claims of any kind
(including, without limitation, material claims for labor, materials and
supplies) against or with respect to such Grantor’s Collateral, except that
no such tax, assessment, charge or levy need be paid or satisfied if the
amount or validity thereof is currently being contested in good faith by
appropriate proceedings and reserves in conformity with GAAP with respect
thereto have been provided on the books of such Grantor.

     5.2.4 Maintenance of Perfected Security Interest; Further
Documentation. (a) Such Grantor shall maintain the security interest
created by this Agreement in such Grantor’s Collateral as a perfected
security interest having at least the priority described in subsection
4.2.2 and shall defend such security interest against the claims and
demands of all Persons whomsoever.

     (b) Such Grantor will furnish to the U.S. Collateral Agent from time
to time statements and schedules further identifying and describing such
Grantor’s Collateral and such other reports in connection with such
Grantor’s Collateral as the U.S. Collateral Agent may reasonably request in
writing, all in reasonable detail.

     (c) Except with respect to Intellectual Property that is an Excluded
Asset, at any time and from time to time, upon the written request of the
U.S. Collateral Agent, and at the sole expense of such Grantor, such
Grantor will promptly and duly execute and deliver such further instruments
and documents and take such further actions as the U.S. Collateral Agent
may reasonably request for the purpose of obtaining or preserving the full
benefits of this Agreement and of the rights and powers herein granted by
such Grantor, including, without limitation, the filing of any financing or
continuation statements under the Uniform Commercial Code (or other similar
laws) in effect in any jurisdiction with respect to the security interests
created hereby.

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     5.2.5 Changes in Name, Jurisdiction of Organization, etc. Such Grantor
will not, except upon not less than 30 days’ prior written notice to the
U.S. Collateral Agent, change its name or jurisdiction of organization
(whether by merger of otherwise); provided that, promptly after receiving a
written request therefor from the U.S. Collateral Agent, such Grantor shall
deliver to the U.S. Collateral Agent all additional financing statements
and other documents reasonably requested by the U.S. Collateral Agent to
maintain the validity, perfection and priority of the security interests as
and to the extent provided for herein.

     5.2.6 Notices. Such Grantor will advise the U.S. Administrative Agent
promptly, in reasonable detail, of:

     (a) any Lien (other than security interests created hereby or Liens
permitted under the Credit Agreement) on any of such Grantor’s Collateral
which would materially adversely affect the ability of the U.S. Collateral
Agent to exercise any of its remedies hereunder; and

     (b) the occurrence of any other event which would reasonably be
expected to have a material adverse effect on the security interests
created hereby.

     5.2.7 Pledged Stock. In the case of each Grantor that is an Issuer,
such Issuer agrees that (i) it will be bound by the terms of this Agreement
relating to the Pledged Stock issued by it and will comply with such terms
insofar as such terms are applicable to it, (ii) it will notify the U.S.
Collateral Agent promptly in writing of the occurrence of any of the events
described in subsection 5.3.1 with respect to the Pledged Stock issued by
it and (iii) the terms of subsections 6.3(c) and 6.7 shall apply to it,
mutatis mutandis, with respect to all actions that may be required of it
pursuant to subsection 6.3(c) or 6.7 with respect to the Pledged Stock
issued by it.

     5.2.8 Accounts Receivable. (a) With respect to Accounts Receivable
constituting Collateral, other than in the ordinary course of business or
as permitted by the Loan Documents, such Grantor will not (i) grant any
extension of the time of payment of any of such Grantor’s Accounts
Receivable, (ii) compromise or settle any such Account Receivable for less
than the full amount thereof, (iii) release, wholly or partially, any
Person liable for the payment of any Account Receivable, (iv) allow any
credit or discount whatsoever on any such Account Receivable or (v) amend,
supplement or modify any Account Receivable unless such extensions,
compromises, settlements, releases, credits or discounts would not
reasonably be expected to materially adversely affect the value of the
Accounts Receivable constituting Collateral taken as a whole.

     (b) Such Grantor will deliver to the U.S. Collateral Agent a copy of
each material demand, notice or document received by it that questions or
calls into doubt the validity or enforceability of more than 10% of the
aggregate amount of the then outstanding Accounts Receivable.

     5.2.9 Maintenance of Records. Such Grantor will keep and maintain at
its own cost and expense reasonably satisfactory and complete records of
its Collateral,

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Exhibit
10.8

including, without limitation, a record of all payments received and all
credits granted with respect to such Collateral, and shall mark such
records to evidence this Agreement and the Liens and the security interests
created hereby.

     5.2.10 Acquisition of Intellectual Property. Within 90 days after the
end of each calendar year, such Grantor will notify the U.S. Collateral
Agent of any acquisition by such Grantor of (i) any registration of any
material Copyright, Patent or Trademark or (ii) any exclusive rights under
a material Copyright License, Patent License or Trademark License
constituting Collateral, and, except with respect to Intellectual Property
that is an Excluded Asset, shall take such actions as may be reasonably
requested by the U.S. Collateral Agent (but only to the extent such actions
are within such Grantor’s control) to perfect the security interest granted
to the U.S. Collateral Agent and the other Secured Parties therein, to the
extent provided herein in respect of any Copyright, Patent or Trademark
constituting Collateral on the date hereof, by (x) the execution and
delivery of an amendment or supplement to this Agreement (or amendments to
any such agreement previously executed or delivered by such Grantor) and/or
(y) the making of appropriate filings (I) of financing statements under the
Uniform Commercial Code of any applicable jurisdiction and/or (II) in the
United States Patent and Trademark Office, or with respect to Copyrights
and Copyright Licenses, another applicable United States office).

     5.2.11 Protection of Trade Secrets. Such Grantor shall take all steps
which it deems commercially reasonable to preserve and protect the secrecy
of all material Trade Secrets of such Grantor.

     5.2.12 Commercial Tort Actions. All Commercial Tort Actions of each
Grantor in existence on the date of this Agreement, known to such Grantor
after reasonable inquiry, are described in Schedule 7 hereto. If any
Grantor shall at any time after the date of this Agreement acquire a
Commercial Tort Action, such Grantor shall promptly notify the U.S.
Collateral Agent and the U.S. Administrative Agent thereof in a writing
signed by such Grantor and describing the details thereof and shall grant
to the U.S. Collateral Agent and the U.S. Administrative Agent in such
writing a security interest therein and in the proceeds thereof, all upon
the terms of this Agreement, with such writing to be in form and substance
reasonably satisfactory to the U.S. Collateral Agent and the U.S.
Administrative Agent.

     5.2.13 Deposit Accounts; Etc. Such Grantor shall take, or refrain from
taking, as the case may be, each action that is necessary to be taken or
not taken, as the case maybe, so that no breach of subsection 4.16 of the
Credit Agreement is caused by the failure to take such action or to refrain
from taking such action by such Grantor or any of its Subsidiaries.

     5.2.14 Protection of Trademarks. Such Grantor shall not, with respect
to any Trademarks that are material to the business of any Grantor, cease
the use of any of such Trademarks or fail to maintain the level of the
quality of products sold and services rendered under any of such Trademark
at a level at least substantially consistent with the quality of such
products and services as of the date hereof, and each Grantor shall take
all

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steps reasonably necessary to insure that licensees of such Trademarks use
such consistent standards of quality.

     5.2.15 Protection of Intellectual Property. Subject to the Credit
Agreement, such Grantor shall not do any act or omit to do any act whereby
any of the Intellectual Property which is material to the business of
Grantor may lapse, expire, or become abandoned, or unenforceable.

     5.2.16 Assignment of Letter of Credit Rights. In the case of any
Letter-of-Credit Rights of any Grantor in any letter of credit exceeding
$5,000,000 in value acquired following the Closing Date, such Grantor shall
use its commercially reasonable efforts to promptly obtain the consent of
the issuer thereof and any nominated person thereon to the assignment of
the proceeds of the related letter of credit in accordance with Section
5-114(c) of the UCC, pursuant to an agreement in form and substance
reasonably satisfactory to the U.S. Administrative Agent.

     Section 5.3. Covenants of Each Pledgor. Each Pledgor covenants and
agrees with the U.S. Collateral Agent and the other Secured Parties that, from
and after the date of this Agreement until the earlier to occur of (i) the
Loans, any Reimbursement Obligations, and all other Obligations then due and
owing shall have been paid in full in cash, no Letter of Credit shall be
outstanding (except for Letters of Credit that have been cash collateralized in
a manner satisfactory to the Issuing Lender) and the Commitments shall have
terminated or (ii) as to any Pledgor, all the Capital Stock of such Pledgor
shall have been sold or otherwise disposed of (to a Person other than Holdings,
the Parent Borrower or a Subsidiary of either) as permitted under the terms of
the Credit Agreement:

     5.3.1 Additional Shares. If such Pledgor shall, as a result of its
ownership of its Pledged Stock, become entitled to receive or shall receive
any stock certificate (including, without limitation, any stock certificate
representing a stock dividend or a distribution in connection with any
reclassification, increase or reduction of capital or any certificate
issued in connection with any reorganization), stock option or similar
rights in respect of the Capital Stock of any Issuer, whether in addition
to, in substitution of, as a conversion of, or in exchange for, any shares
of the Pledged Stock, or otherwise in respect thereof, such Pledgor shall
accept the same as the agent of the U.S. Collateral Agent and the other
Secured Parties, hold the same in trust for the U.S. Collateral Agent and
the other Secured Parties and deliver the same forthwith to the U.S.
Collateral Agent (who will hold the same on behalf of the Secured Parties)
in the exact form received, duly indorsed by such Pledgor to the U.S.
Collateral Agent, if required, together with an undated stock power
covering such certificate duly executed in blank by such Grantor, to be
held by the U.S. Collateral Agent, subject to the terms hereof, as
additional collateral security for the Obligations (subject to subsection
3.3 and provided that in no event shall there be pledged, nor shall any
Pledgor be required to pledge, more than 65% of any series of the
outstanding Capital Stock of any Foreign Subsidiary pursuant to this
Agreement). Any sums paid upon or in respect of the Pledged Stock upon the
liquidation or dissolution of any Issuer (except any liquidation or
dissolution of any Subsidiary of the Parent Borrower in accordance with the
Credit Agreement) shall be paid over to the U.S. Collateral Agent to be
held by it hereunder as additional collateral security for the

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Obligations, and in case any distribution of capital shall be made on or in
respect of the Pledged Stock or any property shall be distributed upon or
with respect to the Pledged Stock pursuant to the recapitalization or
reclassification of the capital of any Issuer or pursuant to the
reorganization thereof, the property so distributed shall, unless otherwise
subject to a perfected security interest in favor of the U.S. Collateral
Agent, be delivered to the U.S. Collateral Agent to be held by it hereunder
as additional collateral security for the Obligations in each case except
as otherwise provided by the Intercreditor Agreement. If any sums of money
or property so paid or distributed in respect of the Pledged Stock shall be
received by such Pledgor, such Pledgor shall, until such money or property
is paid or delivered to the U.S. Collateral Agent, hold such money or
property in trust for the Secured Parties, segregated from other funds of
such Pledgor, as additional collateral security for the Obligations.

     5.3.2 Maintenance of Pledged Stock. Without the prior written consent
of the U.S. Collateral Agent, such Pledgor will not (except as permitted by
the Credit Agreement) (i) vote to enable, or take any other action to
permit, any Issuer to issue any stock or other equity securities of any
nature or to issue any other securities convertible into, or granting the
right to purchase or exchange for, any stock or other equity securities of
any nature of any Issuer, (ii) sell, assign, transfer, exchange, or
otherwise dispose of, or grant any option with respect to, the Pledged
Securities or Proceeds thereof, (iii) create, incur or permit to exist any
Lien or option in favor of, or any material adverse claim of any Person
with respect to, any of the Pledged Securities or Proceeds thereof, or any
interest therein, except for the security interests created by this
Agreement or Liens arising by operation of law or (iv) enter into any
agreement or undertaking restricting the right or ability of such Pledgor
or the U.S. Collateral Agent to sell, assign or transfer any of the Pledged
Securities or Proceeds thereof. Each interest in any limited liability
company created after the Closing Date pledged hereunder shall be
represented by a certificate, shall be a “security” within the meaning of
the Article VIII of the Code and shall be governed by Article VIII of the
Code. The charter documents of each such limited liability company shall
include an express provision providing that each interest in such entity
“is a security governed by Article VIII of the Uniform Commercial Code in
effect in the State of New York on the date hereof”.

     5.3.3 Pledged Notes. Such Pledgor shall, on the date of this Agreement
(or on such later date upon which it becomes a party hereto pursuant to
subsection 9.15), deliver to the U.S. Collateral Agent, all Pledged Notes
then held by such Pledgor (excluding any Pledged Note the principal amount
of which does not exceed $3,500,000), endorsed in blank or, at the request
of the U.S. Collateral Agent, endorsed to the U.S. Collateral Agent.
Furthermore, within ten Business Days after any Pledgor obtains a Pledged
Note with a principal amount in excess of $5,000,000, such Pledgor shall
cause such Pledged Note to be delivered to the U.S. Collateral Agent
endorsed in blank or, at the request of the U.S. Collateral Agent endorsed
to the U.S. Collateral Agent.

ARTICLE VI

Remedial Provisions

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     Section 6.1. Certain Matters Relating to Accounts. (a) At any time and
from time to time after the occurrence and during the continuance of an Event of
Default, the U.S. Collateral Agent shall have the right to make test
verifications of the Accounts Receivable constituting Collateral in any
reasonable manner and through any reasonable medium that it reasonably considers
advisable, and the relevant Grantor shall furnish all such assistance and
information as the U.S. Collateral Agent may reasonably require in connection
with such test verifications. At any time and from time to time after the
occurrence and during the continuance of an Event of Default, upon the U.S.
Collateral Agent’s reasonable request and at the expense of the relevant
Grantor, such Grantor shall cause independent public accountants or others
reasonably satisfactory to the U.S. Collateral Agent to furnish to the U.S.
Collateral Agent reports showing reconciliations, aging and test verifications
of, and trial balances for, the Accounts Receivable constituting Collateral.

     (b) The U.S. Collateral Agent hereby authorizes each Grantor to
collect such Grantor’s Accounts Receivable constituting Collateral and the U.S.
Collateral Agent may curtail or terminate said authority at any time after the
occurrence and during the continuance of an Event of Default specified in
subsection 9(a) of the Credit Agreement. If required by the U.S. Collateral
Agent at any time after the occurrence and during the continuance of an Event of
Default specified in subsection 9(a) of the Credit Agreement, any Proceeds
constituting payments or other cash proceeds of Accounts Receivables
constituting Collateral, when collected by such Grantor, (i) shall be forthwith
(and, in any event, within two Business Days of receipt by such Grantor)
deposited in, or otherwise transferred by such Grantor to, the U.S. Collateral
Proceeds Account, subject to withdrawal by the U.S. Collateral Agent for the
account of the Secured Parties only as provided in subsection 6.5, and (ii)
until so turned over, shall be held by such Grantor in trust for the U.S.
Collateral Agent and the other Secured Parties, segregated from other funds of
such Grantor. All Proceeds constituting collections or other cash proceeds of
Accounts Receivable constituting Collateral while held by the U.S. Collateral
Account Bank (or by any Grantor in trust for the benefit of the U.S. Collateral
Agent and the other Secured Parties) shall continue to be collateral security
for all of the Obligations and shall not constitute payment thereof until
applied as hereinafter provided. At any time when an Event of Default specified
in subsection 9(a) of the Credit Agreement has occurred and is continuing, at
the U.S. Collateral Agent’s election, each of the U.S. Collateral Agent and the
U.S. Administrative Agent may apply all or any part of the funds on deposit in
the U.S. Collateral Proceeds Account established by the relevant Grantor to the
payment of the Obligations of such Grantor then due and owing, such application
to be made as set forth in subsection 6.5 hereof. So long as no Event of Default
has occurred and is continuing, the funds on deposit in the U.S. Collateral
Proceeds Account shall be remitted as provided in subsection 6.1(d) hereof.

     (c) At any time and from time to time after the occurrence and during
the continuance of an Event of Default specified in subsection 9(a) of the
Credit Agreement, at the U.S. Collateral Agent’s request, each Grantor shall
deliver to the U.S. Collateral Agent copies or, if required by the U.S.
Collateral Agent for the enforcement thereof or foreclosure thereon, originals
of all documents held by such Grantor evidencing, and relating to, the
agreements and transactions which gave rise to such Grantor’s Accounts
Receivable constituting Collateral, including, without limitation, all
statements relating to such Grantor’s Accounts Receivable constituting
Collateral and all orders, invoices and shipping receipts.

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     (d) So long as no Event of Default has occurred and is continuing, the
U.S. Collateral Agent shall instruct the U.S. Collateral Account Bank to
promptly remit any funds on deposit in each Grantor’s U.S. Collateral Proceeds
Account to such Grantor’s General Fund Account. In the event that an Event of
Default has occurred and is continuing, the U.S. Collateral Agent and the
Grantors agree that the U.S. Collateral Agent, at its option, may require that
each U.S. Collateral Proceeds Account and the General Funds Account of each
Grantor be established at the U.S. Collateral Agent. Each Grantor shall have the
right, at any time and from time to time, to withdraw such of its own funds from
its own General Fund Account, and to maintain such balances in its General Fund
Account, as it shall deem to be necessary or desirable.

     Section 6.2. Communications with Obligors; Grantors Remain Liable. (a)
The U.S. Collateral Agent in its own name or in the name of others, may at any
time and from time to time after the occurrence and during the continuance of an
Event of Default specified in subsection 9(a) of the Credit Agreement,
communicate with obligors under the Accounts Receivable constituting Collateral
and parties to the Contracts (in each case, to the extent constituting
Collateral) to verify with them to the U.S. Collateral Agent’s satisfaction the
existence, amount and terms of any Accounts Receivable or Contracts.

     (b) Upon the request of the U.S. Collateral Agent at any time after
the occurrence and during the continuance of an Event of Default specified in
subsection 9(a) of the Credit Agreement, each Grantor shall notify obligors on
such Grantor’s Accounts Receivable and parties to such Grantor’s Contracts (in
each case, to the extent constituting Collateral) that such Accounts Receivable
and such Contracts have been assigned to the U.S. Collateral Agent, for the
ratable benefit of the Secured Parties, and that payments in respect thereof
shall be made directly to the U.S. Collateral Agent.

     (c) Anything herein to the contrary notwithstanding, each Grantor
shall remain liable under each of such Grantor’s Accounts Receivable to observe
and perform all the conditions and obligations to be observed and performed by
it thereunder, all in accordance with the terms of any agreement giving rise
thereto. None of the U.S. Collateral Agent, the U.S. Administrative Agent or any
other Secured Party shall have any obligation or liability under any Account
Receivable (or any agreement giving rise thereto) by reason of or arising out of
this Agreement or the receipt by the U.S. Collateral Agent or any other Secured
Party of any payment relating thereto, nor shall the U.S. Collateral Agent or
any other Secured Party be obligated in any manner to perform any of the
obligations of any Grantor under or pursuant to any Account Receivable (or any
agreement giving rise thereto) to make any payment, to make any inquiry as to
the nature or the sufficiency of any payment received by it or as to the
sufficiency of any performance by any party thereunder, to present or file any
claim, to take any action to enforce any performance or to collect the payment
of any amounts that may have been assigned to it or to which it may be entitled
at any time or times.

     Section 6.3. Pledged Stock. (a) Unless an Event of Default shall have
occurred and be continuing and the U.S. Collateral Agent shall have given notice
to the relevant Pledgor of the U.S. Collateral Agent’s intent to exercise its
corresponding rights pursuant to subsection 6.3(b), each Pledgor shall be
permitted to receive all cash dividends and distributions paid in respect of the
Pledged Stock (subject to the last two sentences of subsection 5.3.1 of this
Agreement) and

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all payments made in respect of the Pledged Notes, to the extent permitted in
the Credit Agreement, and to exercise all voting and corporate rights with
respect to the Pledged Stock; provided, however, that no vote shall be cast or
corporate right exercised or such other action taken (other than in connection
with a transaction expressly permitted by the Credit Agreement) which, in the
U.S. Collateral Agent’s reasonable judgment, would materially impair the Pledged
Stock or the related rights or remedies of the Secured Parties or which would be
inconsistent with or result in any violation of any provision of the Credit
Agreement, this Agreement or any other Loan Document.

     (b) If an Event of Default shall occur and be continuing and the U.S.
Collateral Agent shall give notice of its intent to exercise such rights to the
relevant Pledgor or Pledgors, (i) the U.S. Collateral Agent shall have the right
to receive any and all cash dividends, payments or other Proceeds paid in
respect of the Pledged Stock and make application thereof to the Obligations of
the relevant Pledgor in such order as is provided in subsection 6.5, and (ii)
any or all of the Pledged Stock shall be registered in the name of the U.S.
Collateral Agent or its nominee, as applicable, may thereafter exercise (x) all
voting, corporate and other rights pertaining to such Pledged Stock at any
meeting of shareholders of the relevant Issuer or Issuers or otherwise and (y)
any and all rights of conversion, exchange, subscription and any other rights,
privileges or options pertaining to such Pledged Stock as if it were the
absolute owner thereof (including, without limitation, the right to exchange at
its discretion any and all of the Pledged Stock upon the merger, consolidation,
reorganization, recapitalization or other fundamental change in the corporate
structure of any Issuer, or upon the exercise by the relevant Pledgor or the
U.S. Collateral Agent, of any right, privilege or option pertaining to such
Pledged Stock, and in connection therewith, the right to deposit and deliver any
and all of the Pledged Stock with any committee, depositary, transfer agent,
registrar or other designated agency upon such terms and conditions as the U.S.
Collateral Agent may reasonably determine), all without liability (other than
for its gross negligence or willful misconduct, as determined in a final
non-appealable decision issued by a court of competent jurisdiction) except to
account for property actually received by it, but the U.S. Collateral Agent
shall have no duty, to any Pledgor to exercise any such right, privilege or
option and shall not be responsible for any failure to do so or delay in so
doing, provided that the U.S. Collateral Agent, shall not exercise any voting or
other consensual rights pertaining to the Pledged Stock in any way that would
constitute an exercise of the remedies described in subsection 6.6 other than in
accordance with subsection 6.6.

     (c) Each Pledgor hereby authorizes and instructs each Issuer or maker
of any Pledged Securities pledged by such Pledgor hereunder to (i) comply with
any instruction received by it from the U.S. Collateral Agent in writing that
(x) states that an Event of Default has occurred and is continuing and (y) is
otherwise in accordance with the terms of this Agreement, without any other or
further instructions from such Pledgor, and each Pledgor agrees that each Issuer
or maker shall be fully protected in so complying, and (ii) unless otherwise
expressly permitted hereby, pay any dividends or other payments with respect to
the Pledged Securities directly to the U.S. Collateral Agent.

     Section 6.4. Proceeds to be Turned Over To U.S. Collateral Agent. In
addition to the rights of the U.S. Collateral Agent and the other Secured
Parties specified in subsection 6.1 with respect to payments of Accounts
Receivable constituting Collateral, if an Event of Default shall occur and be
continuing, and the U.S. Collateral Agent shall have instructed any Grantor to

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do so, all Proceeds of Collateral received by such Grantor consisting of cash,
checks and other Cash Equivalent items shall be held by such Grantor in trust
for the U.S. Collateral Agent and the other Secured Parties hereto or the
Secured Parties (as defined in the Second-Lien Term Loan Guarantee and
Collateral Agreement) as applicable, segregated from other funds of such
Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to
the U.S. Collateral Agent (or its agent appointed for purposes of perfection) in
the exact form received by such Grantor (duly indorsed by such Grantor to the
U.S. Collateral Agent if required). All Proceeds of Collateral received by the
U.S. Collateral Agent hereunder shall be held by the U.S. Collateral Agent in
the relevant U.S. Collateral Proceeds Account maintained under its sole dominion
and control. All Proceeds of Collateral while held by the U.S. Collateral Agent
in such U.S. Collateral Proceeds Account (or by the relevant Grantor in trust
for the U.S. Collateral Agent and the other Secured Parties) shall continue to
be held as collateral security for all the Obligations of such Grantor and shall
not constitute payment thereof until applied as provided in subsection 6.5.

     Section 6.5. Application of Proceeds. It is agreed that if an Event of
Default shall occur and be continuing, any and all Proceeds of the relevant
Granting Party’s Collateral (as defined in the Credit Agreement) received by the
U.S. Collateral Agent (whether from the relevant Granting Party or otherwise)
shall be held by the U.S. Collateral Agent for the benefit of the Secured
Parties as collateral security for the Obligations of the relevant Granting
Party (whether matured or unmatured), and/or then or at any time thereafter may,
in the sole discretion of the U.S. Collateral Agent, be applied by the U.S.
Collateral Agent as follows:

     (a) first, to the payment of all amounts owing the U.S. Collateral
Agent for (i) any amounts advanced by the U.S. Collateral Agent in order to
preserve the Collateral or preserve its security interest in the
Collateral, (ii) in the event of the enforcement of any indebtedness,
obligations, or liabilities of any Grantor, after an Event of Default shall
have occurred and be continuing, the reasonable expenses of retaking,
holding, preparing for sale or lease, selling or otherwise disposing of or
realizing on the Collateral, or of any exercise by the U.S. Collateral
Agent of its rights hereunder, together with reasonable attorneys’ fees and
court costs and (iii) all amounts paid to which the U.S. Collateral Agent
has the right to reimbursement under subsection 9.4;

     (b) second, to the extent proceeds remain after the application
pursuant to the preceding clause (a), to the payment of all amounts owing
to any Agent pursuant to any of the Loan Documents in its capacity as such;

     (c) third, but subject to the provisions of the following subclauses
6.5.6 and 6.5.7, to the extent proceeds remain after the application
pursuant to the preceding clauses (a) and (b), an amount equal to the
outstanding Primary U.S. Borrower Obligations shall be paid to the Secured
Parties as provided in subsection 6.5.2 hereof, with each Secured Party
receiving an amount equal to its outstanding Primary U.S. Borrower
Obligations or, if the proceeds are insufficient to pay in full all such
Primary U.S. Borrower Obligations, its Pro Rata Share of the amount
remaining to be distributed;

     (d) fourth, but subject to the provisions of the following subclauses
6.5.6 and 6.5.7, to the extent proceeds remain after the application
pursuant to the preceding clauses (a) through (c), an amount equal to the
outstanding Primary Canadian Borrower

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Obligations shall be paid to the Secured Parties as provided in subsection
6.5.2 hereof, with each Secured Party receiving an amount equal to its
outstanding Primary Canadian Borrower Obligations or, if the proceeds are
insufficient to pay in full all such Primary Canadian Borrower Obligations,
its Pro Rata Share of the amount remaining to be distributed;

     (e) fifth, but subject to the provisions of subclauses 6.5.6 and
6.5.7, to the extent proceeds remain after the application pursuant to the
preceding clauses (a) through (d), inclusive, an amount equal to the
outstanding Secondary U.S. Borrower Obligations shall be paid to the
Secured Parties as provided in subsection 6.5.2 hereof, with each Secured
Party receiving an amount equal to its outstanding Secondary U.S. Borrower
Obligations or, if the proceeds are insufficient to pay in full all such
Secondary U.S. Borrower Obligations, its Pro Rata Share of the amount
remaining to be distributed;

     (f) sixth, but subject to the provisions of subclauses 6.5.6 and
6.5.7, to the extent proceeds remain after the application pursuant to
preceding clauses (a) through (e), inclusive, an amount equal to the
outstanding Secondary Canadian Borrower Obligations shall be paid to the
Secured Parties as provided in subsection 6.5.2 hereof, with each Secured
Party receiving an amount equal to its outstanding Secondary Canadian
Borrower Obligations or, if the proceeds are insufficient to pay in full
all such Secondary Canadian Borrower Obligations, its Pro Rata Share of the
amount remaining to be distributed;

     (g) seventh, but subject to the provisions of subclauses 6.5.6 and
6.5.7, to the extent proceeds remain after the application pursuant to
preceding clauses (a) through (f), inclusive, ratably to any then remaining
unpaid Obligations; and

     (h) eighth, to the extent proceeds remain after the application
pursuant to the preceding clauses (a) through (g), inclusive, and following
the termination of this Agreement, to the relevant Grantor or to whomever
may be lawfully entitled to such surplus.

          6.5.2 For purposes of this Agreement, (i) “Pro Rata Share” shall mean,
when calculating a Secured Party’s portion of any distribution or amount, that
amount (expressed as a percentage) equal to a fraction the numerator of which is
the then unpaid amount of such Secured Party’s Primary U.S. Borrower
Obligations, Primary Canadian Borrower Obligations, Secondary U.S. Borrower
Obligations or Secondary Canadian Borrower Obligations, as the case may be, and
the denominator of which is the then outstanding amount of all Primary U.S.
Borrower Obligations, Primary Canadian Borrower Obligations, Secondary U.S.
Borrower Obligations or Secondary Canadian Borrower Obligations, as the case may
be, (ii) “Primary Obligations” shall mean (x) in the case of the Loan Document
Obligations, all unpaid principal of, premium, if any, fees and interest on, all
Loans, all Reimbursement Obligations and all fees and expenses due and owing
pursuant to the Credit Agreement and (y) in the case of the Other Obligations,
all amounts due under each Interest Rate Protection Agreement or Permitted
Hedging Arrangement with an Other Creditor (other than indemnities, fees
(including, without limitation, attorneys’ fees) and similar obligations and
liabilities), (iii) “Secondary Obligations” shall mean all Obligations other
than Primary Obligations, (iv) “Primary U.S. Borrower Obligations” shall mean
all Primary

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Obligations which are also U.S. Borrower Obligations, (v) “Secondary U.S.
Borrower Obligations” shall mean all Secondary Obligations which are also U.S.
Borrower Obligations, (vi) “Primary Canadian Borrower Obligations” shall mean
all Primary Obligations which are also Canadian Borrower Obligations and (vii)
“Secondary Canadian Borrower Obligations” shall mean all Secondary Obligations
which are also Canadian Borrower Obligations.

          6.5.3 Each of the Secured Parties, by their acceptance of the benefits
hereof and of the other Security Documents, agrees and acknowledges that if the
Lender Creditors receive a distribution on account of undrawn amounts with
respect to Letters of Credit issued under the Credit Agreement (which shall only
occur after all Loans and Reimbursement Obligations constituting Primary U.S.
Borrower Obligations or Primary Canadian Borrower Obligations, as the case may
be, have been paid in full), such amounts shall be paid to the U.S.
Administrative Agent under the Credit Agreement and held by it, for the equal
and ratable benefit of the respective Lender Creditors, as cash security for the
repayment of Obligations owing to the Lender Creditors as such. If any amounts
are held as cash security pursuant to the immediately preceding sentence, then
upon the termination of all outstanding Letters of Credit under the Credit
Agreement constituting Primary U.S. Borrower Obligations or Primary Canadian
Borrower Obligations, as the case may be, and after the application of all such
cash security to the repayment of all Obligations owing to the respective Lender
Creditors after giving effect to the termination of all such Letters of Credit,
if there remains any excess cash, such excess cash shall be returned by the U.S.
Administrative Agent to the U.S. Collateral Agent for distribution in accordance
with provisions set forth above in this subsection 6.5.

          6.5.4 All payments required to be made hereunder shall be made (x) if
to the Lender Creditors, to the U.S. Administrative Agent for the account of the
Lender Creditors and (y) if to the Other Creditors, to the trustee, paying agent
or other similar representative (each, a “Representative”) for the Other
Creditors or, in the absence of such a Representative, directly to the Other
Creditors.

          6.5.5 For purposes of applying payments received in accordance with
this subsection 6.5, the U.S. Collateral Agent shall be entitled to rely upon
(i) the Administrative Agents and (ii) the Representative or, in the absence of
such a Representative, upon the Other Creditors for a determination (which the
Administrative Agents, each Representative and the Other Creditors agree (or
shall agree) to provide upon request of the U.S. Collateral Agent) of the
outstanding Primary U.S. Borrower Obligations, Primary Canadian Borrower
Obligations, Secondary Canadian Borrower Obligations and Secondary Canadian
Borrower Obligations owed to the Lender Creditors or the Other Creditors, as the
case may be. Unless it has received written notice from a Lender Creditor or an
Other Creditor to the contrary, the Administrative Agents and each
Representative, in furnishing information pursuant to the preceding sentence,
and the U.S. Collateral Agent, in acting hereunder, shall be entitled to assume
that no Secondary Obligations are outstanding. Unless it has written notice from
an Other Creditor to the contrary, the U.S. Collateral Agent, in acting
hereunder, shall be entitled to assume that no Interest Rate Protection
Agreements or Permitted Hedging Arrangements with an Other Creditor are in
existence.

          6.5.6 Notwithstanding anything to the contrary contained above, to the
extent monies or proceeds to be applied pursuant to this subsection 6.5 consist
of proceeds received

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from a sale or other disposition of Excess Foreign Subsidiary Capital Stock,
such proceeds will be applied as otherwise required above in this subsection
6.5, but for this purpose treating the outstanding Primary Obligations and
Secondary Obligations as only those obligations secured by the Excess Foreign
Subsidiary Capital Stock in accordance with the provisions of clause (x) to the
proviso appearing at the end of subsection 3.1 hereof. In determining whether
any Excess Foreign Subsidiary Capital Stock has been sold or otherwise disposed
of, the U.S. Collateral Agent shall treat any sale or disposition of Capital
Stock of any Foreign Subsidiary as first being a sale of Capital Stock which is
not Excess Foreign Subsidiary Capital Stock until such time as the stock sold
represents 65% of the total combined voting power of all classes of Capital
Stock of the respective Foreign Subsidiary and, after such threshold has been
met, any further sales of Capital Stock of the respective Foreign Subsidiary
shall be treated as sales of Excess Foreign Subsidiary Capital Stock.

          6.5.7 Notwithstanding anything to the contrary contained above, to the
extent monies or proceeds to be applied pursuant to this subsection 6.5 consist
of proceeds received under any Canadian Security Document, such proceeds will be
applied as otherwise required above in this subsection 6.5, but for this purpose
(i) reversing clauses (c) and (d) above (thereby treating clause (d) as if it
were the third priority of distribution, and treating clause (c) as if it were
the fourth priority of distribution) and reversing clauses (e) and (f) above
(thereby treating clause (f) above as if it were the fifth priority of
distribution and treating clause (e) above as if it were the sixth priority
distribution), in each case mutatis mutandis and with any necessary reference
changes (to clauses, etc.) and (ii) treating the outstanding Primary Obligations
and Secondary Obligations as only those obligations secured by the respective
Canadian Security Document.

          6.5.8 It is understood that the Grantors shall remain jointly and
severally liable to the extent of any deficiency between the amount of the
proceeds of the Collateral and the aggregate amount of the Obligations.

     Section 6.6. Code and Other Remedies. If an Event of Default shall
occur and be continuing, the U.S. Collateral Agent, on behalf of the Secured
Parties, may exercise, in addition to all other rights and remedies granted to
them in this Agreement and in any other instrument or agreement securing,
evidencing or relating to the Obligations to the extent permitted by applicable
law, all rights and remedies of a secured party under the Code, under any other
applicable law and in equity. Without limiting the generality of the foregoing,
to the extent permitted by applicable law, the U.S. Collateral Agent, without
demand of performance or other demand, presentment, protest, advertisement or
notice of any kind (except any notice required by law referred to below) to or
upon any Granting Party or any other Person (all and each of which demands,
defenses, advertisements and notices are hereby waived), may in such
circumstances, forthwith collect, receive, appropriate and realize upon the
Security Collateral, or any part thereof, and/or may forthwith sell, lease,
assign, give option or options to purchase, or otherwise dispose of and deliver
the Security Collateral or any part thereof (or contract to do any of the
foregoing), in one or more parcels at public or private sale or sales, at any
exchange, broker’s board or office of the U.S. Collateral Agent or any other
Secured Party or elsewhere upon such terms and conditions as it may deem
advisable and at such prices as it may deem best, for cash or on credit or for
future delivery without assumption of any credit risk. The U.S. Collateral Agent
or any other Secured Party shall have the right, to the extent permitted by law,
upon any such

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sale or sales, to purchase the whole or any part of the Security Collateral so
sold, free of any right or equity of redemption in such Granting Party, which
right or equity is hereby waived and released. Each Granting Party further
agrees, at the U.S. Collateral Agent’s request, to assemble the Security
Collateral and make it available to the U.S. Collateral Agent at places which
the U.S. Collateral Agent shall reasonably select, whether at such Granting
Party’s premises or elsewhere. The U.S. Collateral Agent shall apply the net
proceeds of any action taken by it pursuant to this subsection 6.6, after
deducting all reasonable costs and expenses of every kind incurred in connection
therewith or incidental to the care or safekeeping of any of the Security
Collateral or in any way relating to the Security Collateral or the rights of
the U.S. Collateral Agent and the other Secured Parties hereunder, including,
without limitation, reasonable attorneys’ fees and disbursements, to the payment
in whole or in part of the Obligations of the relevant Granting Party then due
and owing, in the order of priority specified in subsection 6.5 above, and only
after such application and after the payment by the U.S. Collateral Agent of any
other amount required by any provision of law, including, without limitation,
Section 9-615(a)(3) of the Code, need the U.S. Collateral Agent account for the
surplus, if any, to such Granting Party. To the extent permitted by applicable
law, (i) such Granting Party waives all claims, damages and demands it may
acquire against the U.S. Collateral Agent or any other Secured Party arising out
of the repossession, retention or sale of the Security Collateral, other than
any such claims, damages and demands that may arise from the gross negligence or
willful misconduct of any of the U.S. Collateral Agent or such other Secured
Party (in each case as determined in a final non-appealable decision issued by a
court of competent jurisdiction), and (ii) if any notice of a proposed sale or
other disposition of Security Collateral shall be required by law, such notice
shall be deemed reasonable and proper if given at least 10 days before such sale
or other disposition.

     Section 6.7. Registration Rights. (a) If the U.S. Collateral Agent
shall determine to exercise its right to sell any or all of the Pledged Stock
pursuant to subsection 6.6, and if in the reasonable opinion of the U.S.
Collateral Agent it is necessary or reasonably advisable to have the Pledged
Stock (other than Pledged Stock of Special Purpose Subsidiaries), or that
portion thereof to be sold, registered under the provisions of the Securities
Act, the relevant Pledgor will use its reasonable best efforts to cause the
Issuer thereof to (i) execute and deliver, and use its best efforts to cause the
directors and officers of such Issuer to execute and deliver, all such
instruments and documents, and do or cause to be done all such other acts as may
be, in the reasonable opinion of the U.S. Collateral Agent, necessary or
advisable to register such Pledged Stock, or that portion thereof to be sold,
under the provisions of the Securities Act, (ii) use its reasonable best efforts
to cause the registration statement relating thereto to become effective and to
remain effective for a period of not more than one year from the date of the
first public offering of such Pledged Stock, or that portion thereof to be sold,
and (iii) make all amendments thereto and/or to the related prospectus which, in
the reasonable opinion of the Collateral Agent, are necessary or advisable, all
in conformity with the requirements of the Securities Act and the rules and
regulations of the Securities and Exchange Commission applicable thereto. Such
Pledgor agrees to use its reasonable best efforts to cause such Issuer to comply
with the provisions of the securities or “Blue Sky” laws of any and all states
and the District of Columbia that the U.S. Collateral Agent shall reasonably
designate and to make available to its security holders, as soon as practicable,
an earnings statement (which need not be audited) that will satisfy the
provisions of Section 11(a) of the Securities Act.

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          (b) Such Pledgor recognizes that the U.S. Collateral Agent may be
unable to effect a public sale of any or all such Pledged Stock, by reason of
certain prohibitions contained in the Securities Act and applicable state
securities laws or otherwise, and may be compelled to resort to one or more
private sales thereof to a restricted group of purchasers which will be obliged
to agree, among other things, to acquire such securities for their own account
for investment and not with a view to the distribution or resale thereof. Such
Pledgor acknowledges and agrees that any such private sale may result in prices
and other terms less favorable than if such sale were a public sale and,
notwithstanding such circumstances, to the extent permitted by applicable law,
agrees that any such private sale shall be deemed to have been made in a
commercially reasonable manner. The U.S. Collateral Agent shall not be under any
obligation to delay a sale of any of the Pledged Stock for the period of time
necessary to permit the Issuer thereof to register such securities for public
sale under the Securities Act, or under applicable state securities laws, even
if such Issuer would agree to do so.

          (c) Such Pledgor agrees to use its reasonable best efforts to do or
cause to be done all such other acts as may be necessary to make such sale or
sales of all or any portion of such Pledged Stock pursuant to this subsection
6.7 valid and binding and in compliance with any and all other applicable
Requirements of Law. Such Pledgor further agrees that a breach of any of the
covenants contained in this subsection 6.7 will cause irreparable injury to the
U.S. Collateral Agent and the Lenders, that the U.S. Collateral Agent and the
Lenders have no adequate remedy at law in respect of such breach and, as a
consequence, that each and every covenant contained in this subsection 6.7 shall
be specifically enforceable against such Pledgor, and to the extent permitted by
applicable law, such Pledgor hereby waives and agrees not to assert any defenses
against an action for specific performance of such covenants except for a
defense that no Event of Default has occurred or is continuing under the Credit
Agreement.

     Section 6.8. Waiver; Deficiency. Each Granting Party shall remain
liable for any deficiency if the proceeds of any sale or other disposition of
the Security Collateral are insufficient to pay in full, the Loans,
Reimbursement Obligations constituting Obligations of such Granting Party and,
to the extent then due and owing, all other Obligations of such Granting Party
and the reasonable fees and disbursements of any attorneys employed by the U.S.
Collateral Agent or any other Secured Party to collect such deficiency.

ARTICLE VII

The Collateral Agent

     Section 7.1. U.S. Collateral Agent’s Appointment as Attorney-in-Fact,
etc. (a) Each Granting Party hereby irrevocably constitutes and appoints the
U.S. Collateral Agent and any authorized officer or agent thereof, with full
power of substitution, as its true and lawful attorney-in-fact with full
irrevocable power and authority in the place and stead of such Granting Party
and in the name of such Granting Party or in its own name, for the purpose of
carrying out the terms of this Agreement, to take any and all appropriate action
and to execute any and all documents and instruments that may be reasonably
necessary or desirable to accomplish the purposes of this Agreement to the
extent permitted by applicable law, provided that the U.S. Collateral Agent
agrees not to exercise such power except upon the occurrence and during the
continuance of any Event of Default. Without limiting the generality of the
foregoing, at any

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time when an Event of Default has occurred and is continuing (in each case to
the extent permitted by applicable law), (x) each Pledgor hereby gives the U.S.
Collateral Agent the power and right, on behalf of such Pledgor, without notice
or assent by such Pledgor, to execute, in connection with any sale provided for
in subsection 6.6 or 6.7, any endorsements, assessments or other instruments of
conveyance or transfer with respect to such Pledgor’s Pledged Collateral, and
(y) each Grantor hereby gives the U.S. Collateral Agent the power and right, on
behalf of such Grantor, without notice to or assent by such Grantor, to do any
or all of the following:

     (i) in the name of such Grantor or its own name, or otherwise, take
possession of and indorse and collect any checks, drafts, notes,
acceptances or other instruments for the payment of moneys due under any
Account Receivable of such Grantor that constitutes Collateral or with
respect to any other Collateral of such Grantor and file any claim or take
any other action or institute any proceeding in any court of law or equity
or otherwise deemed appropriate by the U.S. Collateral Agent for the
purpose of collecting any and all such moneys due under any Account
Receivable of such Grantor that constitutes Collateral or with respect to
any other Collateral of such Grantor whenever payable;

     (ii) in the case of any Copyright, Patent, or Trademark constituting
Collateral of such Grantor, execute and deliver any and all agreements,
instruments, documents and papers as the U.S. Collateral Agent may
reasonably request to such Grantor to evidence the U.S. Collateral Agent’s
and the Lenders’ security interest in such Copyright, Patent, or Trademark
and the goodwill and general intangibles of such Grantor relating thereto
or represented thereby;

     (iii) pay or discharge taxes and Liens, other than Liens permitted
under this Agreement or the other Loan Documents, levied or placed on the
Collateral of such Grantor, effect any repairs or any insurance called for
by the terms of this Agreement and pay all or any part of the premiums
therefor and the costs thereof; and

     (iv) (A) direct any party liable for any payment under any of the
Collateral of such Grantor to make payment of any and all moneys due or to
become due thereunder directly to the U.S. Collateral Agent or as the U.S.
Collateral Agent shall direct; (B) ask or demand for, collect, receive
payment of and receipt for, any and all moneys, claims and other amounts
due or to become due at any time in respect of or arising out of any
Collateral of such Grantor; (C) sign and indorse any invoices, freight or
express bills, bills of lading, storage or warehouse receipts, drafts
against debtors, assignments, verifications, notices and other documents in
connection with any of the Collateral of such Grantor; (D) commence and
prosecute any suits, actions or proceedings at law or in equity in any
court of competent jurisdiction to collect the Collateral of such Grantor
or any portion thereof and to enforce any other right in respect of any
Collateral of such Grantor; (E) defend any suit, action or proceeding
brought against such Grantor with respect to any Collateral of such
Grantor; (F) settle, compromise or adjust any such suit, action or
proceeding described in clause (E) above and, in connection therewith, to
give such discharges or releases as the U.S. Collateral Agent may deem
appropriate; (G) subject to any existing reserved rights or licenses,
assign any Copyright, Patent or Trademark constituting Collateral of such
Grantor (along with the goodwill of the

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business to which any such Copyright, Patent or Trademark pertains), for
such term or terms, on such conditions, and in such manner, as the U.S.
Collateral Agent shall in its sole discretion determine; and (H) generally,
sell, transfer, pledge and make any agreement with respect to or otherwise
deal with any of the Collateral of such Grantor as fully and completely as
though the U.S. Collateral Agent were the absolute owner thereof for all
purposes, and do, at the U.S. Collateral Agent’s option and such Grantor’s
expense, at any time, or from time to time, all acts and things which the
U.S. Collateral Agent deems necessary to protect, preserve or realize upon
the Collateral of such Grantor and the U.S. Collateral Agent’s and the
other Secured Parties’ security interests therein and to effect the intent
of this Agreement, all as fully and effectively as such Grantor might do.

          (b) The reasonable expenses of the U.S. Collateral Agent incurred in
connection with actions undertaken as provided in this subsection 7.1, together
with interest thereon at a rate per annum equal to the rate per annum at which
interest would then be payable on past due ABR Loans that are U.S. RCF Loans
under the Credit Agreement, from the date of payment by the U.S. Collateral
Agent to the date reimbursed by the relevant Granting Party, shall be payable by
such Granting Party to the U.S. Collateral Agent on demand.

          (c) Each Granting Party hereby ratifies all that said attorney shall
lawfully do or cause to be done by virtue hereof. All powers, authorizations and
agencies contained in this Agreement are coupled with an interest and are
irrevocable as to the relevant Granting Party until this Agreement is terminated
as to such Granting Party, and the security interests in the Security Collateral
of such Granting Party created hereby are released.

          Section 7.2. Duty of U.S. Collateral Agent. The U.S. Collateral
Agent’s sole duty with respect to the custody, safekeeping and physical
preservation of the Security Collateral in its possession, under Section 9-207
of the Code or otherwise, shall be to deal with it in the same manner as the
U.S. Collateral Agent deals with similar property for its own account. None of
the U.S. Collateral Agent or any other Secured Party nor any of their respective
officers, directors, employees or agents shall be liable for failure to demand,
collect or realize upon any of the Security Collateral or for any delay in doing
so or shall be under any obligation to sell or otherwise dispose of any Security
Collateral upon the request of any Granting Party or any other Person or, except
as otherwise provided herein, to take any other action whatsoever with regard to
the Security Collateral or any part thereof. The powers conferred on the U.S.
Collateral Agent and the other Secured Parties hereunder are solely to protect
the U.S. Collateral Agent’s and the other Secured Parties’ interests in the
Security Collateral and shall not impose any duty upon the U.S. Collateral Agent
or any other Secured Party to exercise any such powers. The U.S. Collateral
Agent and the other Secured Parties shall be accountable only for amounts that
they actually receive as a result of the exercise of such powers, and neither
they nor any of their officers, directors, employees or agents shall be
responsible to any Granting Party for any act or failure to act hereunder,
except as otherwise provided herein or for their own gross negligence or willful
misconduct (as determined in a final non-appealable decision issued by a court
of competent jurisdiction).

          Section 7.3. Financing Statements. Pursuant to any applicable law,
each Granting Party authorizes the U.S. Collateral Agent to file or record
financing statements and other filing

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or recording documents or instruments with respect to such Granting Party’s
Security Collateral without the signature of such Granting Party in such form
and in such filing offices as the U.S. Collateral Agent reasonably determines
appropriate to perfect the security interests of the U.S. Collateral Agent under
this Agreement. Each Granting Party authorizes the U.S. Collateral Agent to use
any collateral description determined by the U.S. Collateral Agent, including,
without limitation, the collateral description “all personal property” or “all
assets” in any such financing statements.

          Section 7.4. Authority of U.S. Collateral Agent. Each Granting Party
acknowledges that the rights and responsibilities of the U.S. Collateral Agent
under this Agreement with respect to any action taken by the U.S. Collateral
Agent or the exercise or non-exercise by the U.S. Collateral Agent of any
option, voting right, request, judgment or other right or remedy provided for
herein or resulting or arising out of this Agreement or any amendment,
supplement or other modification of this Agreement shall, as between the U.S.
Collateral Agent and the Secured Parties, be governed by the Credit Agreement
and by such other agreements with respect thereto as may exist from time to time
among them, but, as between the U.S. Collateral Agent and the Granting Parties,
the U.S. Collateral Agent shall be conclusively presumed to be acting as agent
for the Secured Parties with full and valid authority so to act or refrain from
acting, and no Granting Party shall be under any obligation, or entitlement, to
make any inquiry respecting such authority.

          Section 7.5. Right of Inspection. Upon reasonable written advance
notice to any Grantor and as often as may reasonably be desired, or at any time
and from time to time after the occurrence and during the continuation of an
Event of Default, the U.S. Collateral Agent shall have reasonable access during
normal business hours to all the books, correspondence and records of such
Grantor, and the U.S. Collateral Agent and its representatives may examine the
same, and to the extent reasonable take extracts therefrom and make photocopies
thereof, and such Grantor agrees to render to the U.S. Collateral Agent at such
Grantor’s reasonable cost and expense, such clerical and other assistance as may
be reasonably requested with regard thereto. The U.S. Collateral Agent and its
representatives shall also have the right, upon reasonable advance written
notice to such Grantor subject to any lease restrictions, to enter during normal
business hours into and upon any premises owned, leased or operated by such
Grantor where any of such Grantor’s Inventory or Equipment is located for the
purpose of inspecting the same, observing its use or otherwise protecting its
interests therein.

ARTICLE VIII

Non-Lender Secured Parties

          Section 8.1. Rights to Collateral. (a) The Non-Lender Secured Parties
shall not have any right whatsoever to do any of the following: (i) exercise any
rights or remedies with respect to the Collateral (such term, as used in this
Section 8, having the meaning assigned to it in the Credit Agreement),
including, without limitation, the right to (A) enforce any Liens or sell or
otherwise foreclose on any portion of the Collateral, (B) request any action,
institute any proceedings, exercise any voting rights, give any instructions,
make any election, notice account debtors or make collections with respect to
all or any portion of the Collateral or (C) release any Guarantor under this
Agreement or release any Collateral from the Liens of any Security

-40-

 

Document or consent to or otherwise approve any such release; (ii) demand,
accept or obtain any Lien on any Collateral (except for Liens arising under, and
subject to the terms of, this Agreement); (iii) vote in any Bankruptcy Case or
similar proceeding in respect of Holdings or any of its Subsidiaries (any such
proceeding, for purposes of this clause (a), a “Bankruptcy”) with respect to, or
take any other actions concerning the Collateral; (iv) receive any proceeds from
any sale, transfer or other disposition of any of the Collateral (except in
accordance with this Agreement); (v) oppose any sale, transfer or other
disposition of the Collateral; (vi) object to any debtor-in-possession financing
in any Bankruptcy which is provided by one or more Lenders among others
(including on a priming basis under Section 364(d) of the Bankruptcy Code);
(vii) object to the use of cash collateral in respect of the Collateral in any
Bankruptcy; or (viii) seek, or object to the Lenders seeking on an equal and
ratable basis, any adequate protection or relief from the automatic stay with
respect to the Collateral in any Bankruptcy.

          (b) Each Non-Lender Secured Party, by its acceptance of the benefits
of this Agreement and the other Security Documents, agrees that in exercising
rights and remedies with respect to the Collateral, the U.S. Collateral Agent
and the Lenders, with the consent of the U.S. Collateral Agent, may enforce the
provisions of the Security Documents and exercise remedies thereunder and under
any other Loan Documents (or refrain from enforcing rights and exercising
remedies), all in such order and in such manner as they may determine in the
exercise of their sole business judgment. Such exercise and enforcement shall
include, without limitation, the rights to collect, sell, dispose of or
otherwise realize upon all or any part of the Collateral, to incur expenses in
connection with such collection, sale, disposition or other realization and to
exercise all the rights and remedies of a secured lender under the Uniform
Commercial Code of any applicable jurisdiction. The Non-Lender Secured Parties
by their acceptance of the benefits of this Agreement and the other Security
Documents hereby agree not to contest or otherwise challenge any such
collection, sale, disposition or other realization of or upon all or any of the
Collateral. Whether or not a Bankruptcy Case has been commenced, the Non-Lender
Secured Parties shall be deemed to have consented to any sale or other
disposition of any property, business or assets of Holdings or any of its
Subsidiaries and the release of any or all of the Collateral from the Liens of
any Security Document in connection therewith.

          (c) Notwithstanding any provision of this subsection 8.1, the
Non-Lender Secured Parties shall be entitled to file any necessary responsive or
defensive pleadings in opposition to any motion, claim, adversary proceeding or
other pleadings (A) in order to prevent any Person from seeking to foreclose on
the Collateral or supersede the Non-Lender Secured Parties’ claim thereto or (B)
in opposition to any motion, claim, adversary proceeding or other pleading made
by any Person objecting to or otherwise seeking the disallowance of the claims
of the Non-Lender Secured Parties.

          (d) Each Non-Lender Secured Party, by its acceptance of the benefit of
this Agreement, agrees that the U.S. Collateral Agent and the Lenders may deal
with the Collateral, including any exchange, taking or release of Collateral,
may change or increase the amount of the Borrower Obligations and/or the
Guarantor Obligations, and may release any Guarantor from its Obligations
hereunder, all without any liability or obligation (except as may be otherwise
expressly provided herein) to the Non-Lender Secured Parties.

-41-

 

          Section 8.2. Appointment of Agent. Each Non-Lender Secured Party, by
its acceptance of the benefits of this Agreement and the other Security
Documents, shall be deemed irrevocably to make, constitute and appoint the U.S.
Collateral Agent, as agent under the Credit Agreement (and all officers,
employees or agents designated by the U.S. Collateral Agent) as such Person’s
true and lawful agent and attorney-in-fact, and in such capacity, the U.S.
Collateral Agent shall have the right, with power of substitution for the
Non-Lender Secured Parties and in each such Person’s name or otherwise, to
effectuate any sale, transfer or other disposition of the Collateral. It is
understood and agreed that the appointment of the U.S. Collateral Agent as the
agent and attorney-in-fact of the Non-Lender Secured Parties for the purposes
set forth herein is coupled with an interest and is irrevocable. It is
understood and agreed that the U.S. Collateral Agent has appointed the U.S.
Administrative Agent as its agent for purposes of perfecting certain of the
security interests created hereunder and for otherwise carrying out certain of
its obligations hereunder.

          Section 8.3. Waiver of Claims. To the maximum extent permitted by law,
each Non-Lender Secured Party waives any claim it might have against the U.S.
Collateral Agent or the Lenders with respect to, or arising out of, any action
or failure to act or any error of judgment, negligence, or mistake or oversight
whatsoever on the part of the U.S. Collateral Agent or the Lenders or their
respective directors, officers, employees or agents with respect to any exercise
of rights or remedies under the Loan Documents or any transaction relating to
the Collateral (including, without limitation, any such exercise described in
subsection 8.1(b) above), except for any such action or failure to act which
constitutes willful misconduct or gross negligence of such Person. None of the
U.S. Collateral Agent or any Lender or any of their respective directors,
officers, employees or agents shall be liable for failure to demand, collect or
realize upon any of the Collateral or for any delay in doing so or shall be
under any obligation to sell or otherwise dispose of any Collateral upon the
request of Holdings, any Subsidiary of Holdings, any Non-Lender Secured Party or
any other Person or to take any other action or forbear from doing so whatsoever
with regard to the Collateral or any part thereof, except for any such action or
failure to act which constitutes willful misconduct or gross negligence of such
Person (as determined in a final non-appealable decision by a court of competent
jurisdiction).

ARTICLE IX

Miscellaneous

          Section 9.1. Amendments in Writing. None of the terms or provisions of
this Agreement may be waived, amended, supplemented or otherwise modified except
by a written instrument executed by each affected Granting Party and the U.S.
Collateral Agent (acting at the directions of the Required Lenders or, if
required pursuant to Section 11.1 of the Credit Agreement, all of the Lenders),
provided that (a) any provision of this Agreement imposing obligations on any
Granting Party may be waived by the U.S. Collateral Agent in a written
instrument executed by the U.S. Collateral Agent (acting at the directions of
the Required Lenders or, if required pursuant to Section 11.1 of the Credit
Agreement, all of the Lenders) and (b) notwithstanding anything to the contrary
in subsection 11.1 of the Credit Agreement, no such waiver and no such amendment
or modification shall amend, modify or waive the definition of “Secured Party”
or subsection 6.5 if such waiver, amendment, or modification would adversely
affect a Secured Party without the written consent of each such affected Secured
Party.

-42-

 

          Section 9.2. Notices. All notices, requests and demands to or upon the
U.S. Collateral Agent or any Granting Party hereunder shall be effected in the
manner provided for in subsection 11.2 of the Credit Agreement; provided that
any such notice, request or demand to or upon any Guarantor shall be addressed
to such Guarantor at its notice address set forth on Schedule 1, unless and
until such Guarantor shall change such address by notice to the U.S. Collateral
Agent and the U.S. Administrative Agent given in accordance with subsection 11.2
of the Credit Agreement.

          Section 9.3. No Waiver by Course of Conduct; Cumulative Remedies. None
of the U.S. Collateral Agent or any other Secured Party shall by any act (except
by a written instrument pursuant to subsection 9.1), delay, indulgence, omission
or otherwise be deemed to have waived any right or remedy hereunder or to have
acquiesced in any Default or Event of Default. No failure to exercise, nor any
delay in exercising, on the part of the U.S. Collateral Agent or any other
Secured Party, any right, power or privilege hereunder shall operate as a waiver
thereof. No single or partial exercise of any right, power or privilege
hereunder shall preclude any other or further exercise thereof or the exercise
of any other right, power or privilege. A waiver by the U.S. Collateral Agent or
any other Secured Party of any right or remedy hereunder on any one occasion
shall not be construed as a bar to any right or remedy which the U.S. Collateral
Agent or such other Secured Party would otherwise have on any future occasion.
The rights and remedies herein provided are cumulative, may be exercised singly
or concurrently and are not exclusive of any other rights or remedies provided
by law.

          Section 9.4. Enforcement Expenses; Indemnification. (a) Each Guarantor
jointly and severally agrees to pay or reimburse each Secured Party and the U.S.
Collateral Agent for all their respective reasonable costs and expenses incurred
in collecting against any Guarantor under the guarantee contained in Section 2
or otherwise enforcing or preserving any rights under this Agreement against
such Guarantor and the other Loan Documents to which such Guarantor is a party,
including, without limitation, the reasonable fees and disbursements of counsel
to the Secured Parties, the U.S. Collateral Agent and the U.S. Administrative
Agent.

          (b) Each Grantor jointly and severally agrees to pay, and to save the
U.S. Collateral Agent, the U.S. Administrative Agent and the other Secured
Parties harmless from, (x) any and all liabilities with respect to, or resulting
from any delay in paying, any and all stamp, excise, sales or other similar
taxes which may be payable or determined to be payable with respect to any of
the Security Collateral or in connection with any of the transactions
contemplated by this Agreement and (y) any and all liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind or nature whatsoever with respect to the execution,
delivery, enforcement, performance and administration of this Agreement
(collectively, the “indemnified liabilities”), in each case to the extent the
Parent Borrower would be required to do so pursuant to subsection 11.5 of the
Credit Agreement, and in any event excluding any taxes or other indemnified
liabilities arising from gross negligence or willful misconduct of the U.S.
Collateral Agent or any other Secured Party (as determined in a final
non-appealable decision by a court of competent jurisdiction).

          (c) The agreements in this subsection 9.4 shall survive repayment of
the Obligations and all other amounts payable under the Credit Agreement and the
other Loan Documents.

-43-

 

          Section 9.5. Successors and Assigns. This Agreement shall be binding
upon and shall inure to the benefit of the Granting Parties, the U.S. Collateral
Agent and the Secured Parties and their respective successors and assigns;
provided that no Granting Party may assign, transfer or delegate any of its
rights or obligations under this Agreement without the prior written consent of
the U.S. Collateral Agent.

          Section 9.6. Set-Off. Each Guarantor hereby irrevocably authorizes
each of the Administrative Agent and the U.S. Collateral Agent and each other
Secured Party at any time and from time to time without notice to such
Guarantor, any other Guarantor or any of the Borrowers, any such notice being
expressly waived by each Guarantor and by each Borrower, to the extent permitted
by applicable law, upon the occurrence and during the continuance of an Event of
Default under subsection 9(a) of the Credit Agreement so long as any amount
remains unpaid after it becomes due and payable by such Guarantor hereunder, to
set-off and appropriate and apply against any such amount any and all deposits
(general or special, time or demand, provisional or final) (other than the U.S.
Collateral Proceeds Account), in any currency, and any other credits,
indebtedness or claims, in any currency, in each case whether direct or
indirect, absolute or contingent, matured or unmatured, at any time held or
owing by the U.S. Collateral Agent, the U.S. Administrative Agent or such other
Secured Party to or for the credit or the account of such Guarantor, or any part
thereof in such amounts as the U.S. Collateral Agent, the U.S. Administrative
Agent or such other Secured Party may elect. The U.S. Collateral Agent, the U.S.
Administrative Agent and each other Secured Party shall notify such Guarantor
promptly of any such set-off and the application made by the U.S. Collateral
Agent, the U.S. Administrative Agent or such other Secured Party of the proceeds
thereof; provided that the failure to give such notice shall not affect the
validity of such set-off and application. The rights of the U.S. Collateral
Agent, the U.S. Administrative Agent and each other Secured Party under this
subsection 9.6 are in addition to other rights and remedies (including, without
limitation, other rights of set-off) which the U.S. Collateral Agent, the U.S.
Administrative Agent or such other Secured Party may have.

          Section 9.7. Counterparts. This Agreement may be executed by one or
more of the parties to this Agreement on any number of separate counterparts,
and all of said counterparts taken together shall be deemed to constitute one
and the same instrument.

          Section 9.8. Severability. Any provision of this Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction; provided that, with
respect to any Pledged Stock issued by a Foreign Subsidiary, all rights, powers
and remedies provided in this Agreement may be exercised only to the extent that
they do not violate any provision of any law, rule or regulation of any
Governmental Authority applicable to any such Pledged Stock or affecting the
legality, validity or enforceability of any of the provisions of this Agreement
against the Pledgor (such laws, rules or regulations, “Applicable Law”) and are
intended to be limited to the extent necessary so that they will not render this
Agreement invalid, unenforceable or not entitled to be recorded, registered or
filed under the provisions of any Applicable Law.

-44-

 

          Section 9.9. Section Headings. The Section headings used in this
Agreement are for convenience of reference only and are not to affect the
construction hereof or be taken into consideration in the interpretation hereof.

          Section 9.10. Integration. This Agreement and the other Loan Documents
represent the entire agreement of the Granting Parties, the U.S. Collateral
Agent and the other Secured Parties with respect to the subject matter hereof,
and there are no promises, undertakings, representations or warranties by the
Granting Parties, the U.S. Collateral Agent or any other Secured Party relative
to subject matter hereof not expressly set forth or referred to herein or in the
other Loan Documents.

          Section 9.11. GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          Section 9.12. Submission To Jurisdiction; Waivers. Each party hereto
hereby irrevocably and unconditionally:

     (a) submits for itself and its property in any legal action or
proceeding relating to this Agreement and the other Loan Documents to which
it is a party, or for recognition and enforcement of any judgment in
respect thereof, to the non-exclusive general jurisdiction of the courts of
the State of New York, the courts of the United States of America located
in the county of New York, and appellate courts from any thereof;

     (b) consents that any such action or proceeding may be brought in such
courts and waives any objection that it may now or hereafter have to the
venue of any such action or proceeding in any such court or that such
action or proceeding was brought in an inconvenient court and agrees not to
plead or claim the same;

     (c) agrees that service of process in any such action or proceeding
may be effected by mailing a copy thereof by registered or certified mail
(or any substantially similar form of mail), postage prepaid, to such party
at its address referred to in subsection 9.2 or at such other address of
which the U.S. Collateral Agent and the U.S. Administrative Agent (in the
case of any other party hereto) or the Parent Borrower (in the case of the
U.S. Collateral Agent and the U.S. Administrative Agent) shall have been
notified pursuant thereto;

     (d) agrees that nothing herein shall affect the right to effect
service of process in any other manner permitted by law or shall limit the
right to sue in any other jurisdiction; and

     (e) waives, to the maximum extent not prohibited by law, any right it
may have to claim or recover in any legal action or proceeding referred to
in this Section any consequential or punitive damages.

          Section 9.13. Acknowledgments. Each Guarantor hereby acknowledges
that:

-45-

 

     (a) it has been advised by counsel in the negotiation, execution and
delivery of this Agreement and the other Loan Documents to which it is a
party;

     (b) none of the U.S. Collateral Agent, the U.S. Administrative Agent
or any other Secured Party has any fiduciary relationship with or duty to
any Guarantor arising out of or in connection with this Agreement or any of
the other Loan Documents, and the relationship between the Guarantors, on
the one hand, and the U.S. Collateral Agent, the U.S. Administrative Agent
and the other Secured Parties, on the other hand, in connection herewith or
therewith is solely that of creditor and debtor; and

     (c) no joint venture is created hereby or by the other Loan Documents
or otherwise exists by virtue of the transactions contemplated hereby and
thereby among the Secured Parties or among the Guarantors and the Secured
Parties.

          Section 9.14. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY
COUNTERCLAIM THEREIN.

          Section 9.15. Additional Granting Parties. Each new Subsidiary of the
Parent Borrower that is required to become a party to this Agreement pursuant to
subsection 7.9(b) of the Credit Agreement shall become a Granting Party for all
purposes of this Agreement upon execution and delivery by such Subsidiary of an
Assumption Agreement in the form of Annex 2 hereto. Each existing Granting Party
that is required to become a Pledgor with respect to Capital Stock of any new
Subsidiary of the Parent Borrower pursuant to subsection 7.9(b) of the Credit
Agreement shall become a Pledgor with respect thereto upon execution and
delivery by such Granting Party of a Supplemental Agreement substantially in the
form of Annex 2 hereto.

          Section 9.16.
Releases. (a) At such time as the Loans, the
Reimbursement Obligations and the other Obligations then due and owing shall
have been paid in full, the Commitments have been terminated and no Letters of
Credit shall be outstanding, all Security Collateral shall be released from the
Liens created hereby, and this Agreement and all obligations (other than those
expressly stated to survive such termination) of the U.S. Collateral Agent and
each Granting Party hereunder shall terminate, all without delivery of any
instrument or performance of any act by any party, and all rights to the
Security Collateral shall revert to the Granting Parties. At the request and
sole expense of any Granting Party following any such termination, the U.S.
Collateral Agent shall deliver to such Granting Party any Security Collateral
held by the U.S. Collateral Agent hereunder, and execute and deliver to such
Granting Party such documents (including without limitation UCC termination
statements) as such Granting Party shall reasonably request to evidence such
termination.

          (b) In connection with any sale or other disposition of Security
Collateral permitted by the Credit Agreement (other than any sale or disposition
to another Grantor), the Lien pursuant to this Agreement on such sold or
disposed of Security Collateral shall be automatically released. In connection
with the sale or other disposition of all of the Capital Stock of any Guarantor
(other than to Holdings, the Parent Borrower or a Subsidiary of either) or the
sale or other disposition of Security Collateral (other than a sale or
disposition to another Grantor) permitted under the Credit

-46-

 

Agreement, the U.S. Collateral Agent shall, upon receipt from the Parent
Borrower of a written request for the release of such Guarantor from its
Guarantee or the release of the Security Collateral subject to such sale or
other disposition, identifying such Guarantor or the relevant Security
Collateral and the terms of the sale or other disposition in reasonable detail,
including the price thereof and any expenses in connection therewith, together
with a certification by the Parent Borrower stating that such transaction is in
compliance with the Credit Agreement and the other Loan Documents, execute and
deliver to the relevant Granting Party (at the sole cost and expense of such
Granting Party and without representation or warranty of any kind) all releases
or other documents (including without limitation UCC termination statements)
necessary or reasonably desirable for the release of such Guarantee or the Liens
created hereby on such Security Collateral, as applicable, as such Granting
Party may reasonably request.

          Section 9.17. Judgment. (a) If for the purpose of obtaining judgment
in any court it is necessary to convert a sum due hereunder in one currency into
another currency, the parties hereto agree, to the fullest extent that they may
effectively do so, that the rate of exchange used shall be that at which in
accordance with normal banking procedures the U.S. Collateral Agent could
purchase the first currency with such other currency on the Business Day
preceding the day on which final judgment is given.

          (b) The obligations of any Guarantor in respect of this Agreement to
the U.S. Collateral Agent, for the benefit of each holder of Secured
Obligations, shall, notwithstanding any judgment in a currency (the “judgment
currency”) other than the currency in which the sum originally due to such
holder is denominated (the “original currency”), be discharged only to the
extent that on the Business Day following receipt by the U.S. Collateral Agent
of any sum adjudged to be so due in the judgment currency, the U.S. Collateral
Agent may in accordance with normal banking procedures purchase the original
currency with the judgment currency; if the amount of the original currency so
purchased is less than the sum originally due to such holder in the original
currency, such Guarantor agrees, as a separate obligation and notwithstanding
any such judgment, to indemnify the U.S. Collateral Agent for the benefit of
such holder, against such loss, and if the amount of the original currency so
purchased exceeds the sum originally due to the U.S. Collateral Agent, the U.S.
Collateral Agent agrees to remit to the Parent Borrower, such excess. This
covenant shall survive the termination of this Agreement and payment of the
Obligations and all other amounts payable hereunder.

[Remainder of page left blank intentionally; Signature page to follow.]

-47-

 

EXECUTION VERION

EXHIBIT G-2

     IN WITNESS WHEREOF, the undersigned has caused this U.S. Guarantee and
Collateral Agreement to be duly executed and delivered as of the date first
written above.

	 	 	 	 	 
	 	RSC HOLDINGS II, LLC	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

	 	 	 	 	 
	 	RSC HOLDINGS III, LLC	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	RENTAL SERVICE CORPORATION	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Acknowledged and Agreed to as

of the date hereof by:

DEUTSCHE BANK AG, NEW YORK BRANCH,

     as U.S. Collateral Agent and U.S. Administrative

      Agent

     By:                                                                    
   
          

             Name:

             Title:

     By:                                                                   
    
          

             Name:

             Title:

 

 

EXECUTION VERION

 EXHIBIT G-2

 SCHEDULE 1

NOTICE ADDRESSES OF GUARANTORS

          Notices, requests or demands to or upon any Guarantor under the U.S.
Guarantee and Collateral Agreement shall be made to such Guarantor:

c/o RENTAL SERVICE CORPORATION

6929 East Greenway Parkway

Scottsdale, Arizona 85254

Attention: Kevin Loughlin, Vice President and Treasurer

Facsimile: (281) 647-5002

Telephone: (281) 647-2412

with copies to:

Ripplewood Holdings, L.L.C.

1 Rockefeller Plaza,
32nd Floor

New York, New York 10020

Attention: Christopher P. Minnetian, Esq.

Facsimile: (212) 218-2778

Telephone: (212) 582-6700

Oak Hill Capital Management, LLC

65 East
55th
Street,
36th Floor

New York, New York 10022

Attention: John R. Monsky, Esq.

Facsimile: (212) 758-3572

Telephone: (212) 326-1590

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

Attention: Paul D. Brusiloff, Esq.

Facsimile: (212) 521-7015

Telephone: (212) 909-6015

 

 

EXECUTION VERION

 EXHIBIT G-2

SCHEDULE 2

PLEDGED SECURITIES

I. Pledged Stock

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Number of	 	% of All Issued
	 	 	 	 	Class of	 	 	 	 	 	 	 	Shares or	 	Capital or Other
	 	 	 	 	Stock or	 	 	 	Certificate	 	Interests	 	Equity Interests of
	Pledgor	 	Issuer	 	Interests	 	Par Value	 	No(s).	 	Pledged	 	Issuer Pledged
	RSC Holdings II, LLC

	 	RSC Holdings III,

LLC
	 	N/A
	 	N/A
	 	Uncertificated
	 	N/A
	 	100%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC Holdings III, 

LLC

	 	Rental Service

Corporation
	 	Common
	 	No par
value.
	 	 	2	 	 	1,000
	 	100%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service 

Corporation

	 	Rental Service
Corporation of
Canada Ltd.
	 	Common
	 	No par
value.
	 	 	8	 	 	 715
	 	65%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service 

Corporation

	 	Rental Service
Corporation of
Canada Ltd.
	 	Common
	 	No par
value.
	 	 	9	 	 	385
	 	35%

II. Pledged Notes

          None.

 

 

EXECUTION VERION

 EXHIBIT G-2

SCHEDULE 3

PERFECTION MATTERS

Existing
Security Interests

     None.

UCC Filings

	 	 	 	 	 	 	 	 	 
	Granting Party	 	State	 	Filing Office	 	Document Filed
	1.

	 	RSC Holdings II, LLC
	 	Delaware
	 	Secretary of State
	 	Form UCC-1
	 
	 	 	 	 	 	 	 	 
	2.

	 	RSC Holdings III, LLC
	 	Delaware
	 	 Secretary of State
	 	 Form UCC-1
	 
	 	 	 	 	 	 	 	 
	3.

	 	Rental Service Corporation
	 	Arizona
	 	Secretary of State
	 	 Form UCC-1

Intellectual Property Filings

A. Filings with the U.S. Patent and Trademark Office

Filing of a Notice of Grant of Security Interest in Trademarks owned by Rental
Service Corporation

B. Filings with the U.S. Copyright Office

Filing of a Notice of Grant of Security Interest in Copyrights owned by Rental
Service Corporation

 

 

EXECUTION VERION

 EXHIBIT G-2

SCHEDULE 4

LOCATION OF JURISDICTION OF ORGANIZATION

	 	 	 
	Granting Party	 	Jurisdiction of Incorporation
	RSC Holdings II, LLC

	 	Delaware, United States
	 
	 	 
	RSC Holdings III, LLC

	 	Delaware, United States
	 
	 	 
	Rental Service Corporation

	 	Arizona, United States

 

 

EXECUTION VERION

 EXHIBIT G-2

SCHEDULE 5

INTELLECTUAL PROPERTY

	A.	 	Patents and Patent Licenses
	 
	 	 	None.
	 
	B.	 	Trademarks and Trademark Licenses

1. U.S. Trademarks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Owner of
Record
	1-888-RENT-RSC

	 	 	75939274	 	 	3/3/2000
	 	 	2435179	 	 	3/13/2001
	 	Registered 3/13/01
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1-888-RENT-RSC

	 	 	75937962	 	 	3/3/2000
	 	 	2435174	 	 	3/13/2001
	 	Registered 3/13/01
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BRAND ON COMMAND

	 	 	78757357	 	 	11/18/2005
	 	 	 	 	 	 	 	Pending
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RENT OUR EQUIPMENT CUT YOUR COSTS

	 	 	78570582	 	 	2/18/2005
	 	 	3147687	 	 	9/26/06
	 	Registration
9/26/06
RSC elected not
to pursue further
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RENT OUR EQUIPMENT RAISE YOUR PROFITS

	 	 	78560196	 	 	2/3/2005
	 	 	 	 	 	 	 	Published for Opposition 10/17/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC

	 	 	78795158	 	 	1/19/2006
	 	 	 	 	 	 	 	Pending
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC

	 	 	75319879	 	 	7/7/1997
	 	 	2264049	 	 	7/27/1999
	 	Sec. 8 & 15
Accepted 1/14/05
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC EQUIPMENT RENTAL

	 	 	78492564	 	 	9/30/2004
	 	 	3136868	 	 	8/29/2006
	 	Registered 8/29/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC ONLINE

	 	 	78534413	 	 	12/17/2004
	 	 	3111367	 	 	7/4/2006
	 	Registration 7/4/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC RENTAL SERVICE CORPORATION

	 	 	74709781	 	 	8/1/1995
	 	 	2028379	 	 	1/7/1997
	 	Sec. 8 & 15 Accepted 3/28/03
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC’S BRAND ON COMMAND

	 	 	78757380	 	 	11/18/2005
	 	 	 	 	 	 	 	Approved for Publication 10/20/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL CONTROL

	 	 	76510869	 	 	4/30/2003
	 	 	2850473	 	 	6/8/2004
	 	Registered 6/8/04
	 	RSC

2. State Trademarks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Owner of
	State	 	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Record
	Wisconsin†

	 	SARGE’S A-1
RENTALS
	 	 	 	November 17,
1999
	 	 	 	 	 	Registered
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Kansas†

	 	VALLEY RENTALS
	 	 	 	August 21,
1998
	 	 	 	 	 	Registered
	 	RSC

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Owner of
	State	 	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Record
	Kansas†

	 	CENTER

RENTAL,

SALES, SERVICE
	 	 	 	August 21,
1998
	 	 	 	 	 	Registered
	 	RSC

 

			
	†	 	These are state trademark registrations which RSC does not intend to renew.

3. Foreign Trademarks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Owner of
	State	 	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Record
	Canada

	 	TOTAL CONTROL
	 	1195024

RSC-10124
	 	10/29/2003
	 	TMA672415
	 	9/12/2006
	 	Registered

9/12/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mexico

	 	RSC EQUIPMENT
RENTAL 800.222.
7777
	 	 	 	4/22/2005
	 	 	890294     	 	 	 	 	 	 	Atlas Copco

Mexicana

Tlainepanti

a Mexico*
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mexico

	 	RSC EQUIPMENT
RENTAL
800.222.7777
	 	 	 	4/22/2005
	 	 	889386     	 	 	 	 	 	 	Atlas Copco

Mexicana

Tlainepanti

a Mexico*

 

			
	*	 	To be assigned to RSC

4. Trademark Licenses

None.

C. Copyrights and Copyright Licenses

1. U.S. Registered Copyrights

	 	 	 	 	 	 	 
	Title	 	Reg. No.	 	Reg. Date	 	Owner of Record
	Main—Industrial Air Tools
tool rental system

	 	TX-5-866-708
	 	10/28/2003
	 	RSC

2.
Copyright Licenses1

	 	 	 
	1.

	 	AT&T Master Agreement Version IX MA Reference No. 120681 dated May 27,
2003 between the Company and AT&T, together with Addendum thereto of
even date therewith, and any Supplement, Addendum, or Annex thereto.
	 
	 	 
	2.

	 	Software License Agreement dated November 14, 2000 between Acceleron
Incorporated and RSC.
	 
	 	 
	3.

	 	Kronos Sales Agreement and Software License dated as of May 14, 2004
between Kronos Incorporated and Rental Service Corporation.

 

			
	1	 	Other agreements (including licenses) with any Grantor with respect to
other software or incidental use of trademarks or technology are not
listed.

-7-

 

	 	 	 
	4.

	 	Non-Exclusive License Agreement dated August 31, 1994 between Lawson
Associates Inc. and RSC (successor to Acme Holdings, Inc.), together
with Addenda thereto.
	 
	 	 
	5.

	 	Master Agreement dated August 31, 1994 between Wynne Systems, Inc. and
ACME Acquisition Corp., together with Amendment Number One thereto
dated December 10, 1999, Amendment Number Two thereto dated as of
September 3, 2003 and Custom Programming and Confidentiality Agreement
dated March 20, 1998.
	 
	 	 
	6.

	 	CopperKey Data and Professional Services Agreement 0105 dated as of
December 13, 2004 between RSC and CopperKey, Inc.
	 
	 	 
	7.

	 	License and Services Agreement dated December 15, 2005 between PROS
Revenue Management, L.P. dba PROS Pricing Solutions and RSC, together
with First Amendment thereto dated March 20, 2006.
	 
	 	 
	8.

	 	Services and Software License Agreement dated as of December 17, 2002
between the Company and ProBusiness Services, Inc., as amended by
First Amendment thereto dated May 31, 2005.
	 
	 	 
	9.

	 	Software License Agreement dated February 25, 2003 between Conduit
Internet Technologies, Inc. and RSC.
	 
	 	 
	10.

	 	Qualcomm — Omnitracs and Omniexpress Contract, dated September 26,
2003, and any Amendment thereto.
	 
	 	 
	11.

	 	Safety Solutions Systems Amendment to Contract Customer Training
Information and Data Management, dated March 13, 2006.
	 
	 	 
	12.

	 	Taleo Application Service Provider Agreement (dated June 20, 2005).
	 
	 	 
	13.

	 	Multivendor Information Technology Recovery Services Contract,
together with Statement of Work for Services — IBM Business Continuity
and Recovery Services for Operating System Restore, effective October
7, 2006, between IBM Corporation and Rental Service Corporation as
supplemented or amended.
	 
	 	 
	14.

	 	IBM Agreement for Exchange of Confidential Information, dated
September 16, 2003, between Atlas Copco North America (c/o Rental
Service Corporation) and International Business Machines Corporation.
	 
	 	 
	15.

	 	Relavis Corporation Consulting Services Agreement, effective as of May
19, 2004, between Relavis Corporation and Rental Service Comparison.
	 
	 	 
	16.

	 	Sprint Customer Service Agreement No. BSG0408-2640, between Sprint and
RSC.
	 
	 	 
	17.

	 	Bellsouth Business Master Agreement For Regulated Services and Volume
Term Agreement, effective September 1, 2004, between RSC and
affiliates and BellSouth Telecommunications, Inc.
	 
	 	 
	18.

	 	Qwest ISDN PRS, and/or DSS advanced and/or UAS Bulk Rated Agreement,
undated, between RSC and Qwest Corporation.
	 
	 	 
	19.

	 	Texas Primary Rate ISDN SmartTrunk Promotion, effective December 8,
2004, between Southwestern Bell Telephone and RSC.
	 
	 	 
	20.

	 	Boomerang Software License Agreement, dated October 4, 2001, by and
between Acceleron, Inc. and Rental Service Corporation.

-8-

 

	 	 	 
	21.

	 	Maintenance & Support Agreement, Schedule B to the Boomerang Software
License Agreement, dated October 4, 2001, by and between Acceleron,
Inc. and Rental Service Corporation.
	 
	 	 
	22.

	 	Safety Solutions Systems Amendment to Contract Authority to Amend
Contract and Return of Data and Software Code, dated April 19, 2006.
	 
	 	 
	23.

	 	Safety Solutions Systems Amendment to Contract Employee/Customer
Training Information and Data Management, dated April 19, 2006.
	 
	 	 
	24.

	 	Safety Solutions Systems Amendment to Contract Customer Training
Information and Data Management, dated March 13, 2006.
	 
	 	 
	25.

	 	Safety Solutions Systems Amendment to Contract Books and Records,
dated September 26, 2005.
	 
	 	 
	26.

	 	Safety Solutions Systems Amendment to Letter of Intent and Contract
DOT HAZMAT Training Employee Training Management & Data Management,
dated October 27, 2005.
	 
	 	 
	27.

	 	Safety Solutions Systems Amendment Letter to Contract-Ad Hoc Services
- Project Management, Programming, Integration, Data Auditing and Data
Entry, dated October 27, 2005.
	 
	 	 
	28.

	 	DOT Compliance Management Project Review Summary, dated August 8,
2006, as related to Rental Service Corporation and Safety Solutions
Systems.
	 
	 	 
	29.

	 	Letter regarding Contractual Compliance Status Statement, dated
September 14, 2006.
	 
	 	 
	30.

	 	Professional Services and Non-Disclosure Agreement, dated February 6,
2003, by and between Software Architects, Inc. and Rental Service
Corporation.
	 
	 	 
	31.

	 	Mutual Non-Disclosure Agreement, dated January 28, 2003, by and
between Software Architects, Inc. and Rental Service Corporation.
	 
	 	 
	32.

	 	Amendment 1 to Professional Services and Non-Disclosure Agreement,
dated as of March 5, 2004, between Software Architects, Inc. and
Rental Service Corporation.
	 
	 	 
	33.

	 	Amendment 2 to Professional Services Agreement, dated as of March 6,
2005 between Software Architects, Inc. and Rental Service Corporation.
	 
	 	 
	34.

	 	Amendment 3 to Professional Services Agreement, dated as of February
7, 2006, between Software Architects, Inc. and Rental Service
Corporation.
	 
	 	 
	35.

	 	Letter Agreement dated July 6, 2006, between Data Rich International
addressed to Rental Service Corporation.
	 
	 	 
	36.

	 	Agreement for Consulting Service, dated as of July 28, 2006, by and
between Rental Service Corporation and Technology Transfer
Incorporated.
	 
	 	 
	37.

	 	Pembrooke Contract for Services, dated as of August 30, 2005, by and
between Pembrooke Occupational Health, Inc. and Rental Service
Corporation.
	 
	 	 
	38.

	 	Consent Agreement, effective July 31, 2006, by and between the Royal
Shakespeare Company and Rental Service Corporation.

-9-

 

	 	 	 
	39.

	 	Total Control software is licensed to certain customers in the
ordinary course of business.
	 
	 	 
	40.

	 	Licenses for the following software: IBM Lotus Notes CEO, Symantec
Anti-Virus Enterprise Edition and Microsoft MS Enterprise Agreement
(Windows and MS Office).

-10-

 

EXECUTION VERION

 EXHIBIT G-2

SCHEDULE 6

CONTRACTS

None.

 

 

EXECUTION VERION

 EXHIBIT G-2

SCHEDULE 7

COMMERCIAL TORT CLAIMS

None.

 

 

ANNEX 1

 to

 U.S. Guarantee and Collateral Agreement

ACKNOWLEDGEMENT AND CONSENT*

          The undersigned hereby acknowledges receipt of a copy of the U.S.
Guarantee and Collateral Agreement, dated as of November 27, 2006 (the
“Agreement”), made by the Granting Parties thereto for the benefit of Deutsche
Bank AG, New York Branch, as U.S. Collateral Agent and U.S. Administrative
Agent. The undersigned agrees for the benefit of the U.S. Collateral Agent, the
U.S. Administrative Agent and the Lenders as follows:

          The undersigned will be bound by the terms of the Agreement and will
comply with such terms insofar as such terms are applicable to the undersigned.

          The undersigned will notify the U.S. Collateral Agent promptly in
writing of the occurrence of any of the events described in subsection 5.3.1 of
the Agreement.

          The terms of subsections 6.3(c) and 6.7 of the Agreement shall apply
to it, mutatis mutandis, with respect to all actions that may be required of it
pursuant to subsection 6.3(c) or 6.7 of the Agreement.

	 	 	 	 	 	 	 
	 	 	[NAME OF ISSUER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

	 	 	 	 	 
	 

	 	Address for Notices:	 	 
	 
	 	 	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	 

	 	 

Fax:
	 	 

 

			
	*	 	This consent is necessary only with respect to any Issuer which is not also
a Granting Party.

 

 

ANNEX 2

to

U.S. Guarantee and Collateral Agreement

ASSUMPTION AGREEMENT

          ASSUMPTION AGREEMENT, dated as of ___, ___, made
by                                                            , a                      corporation
 (the “Additional
Granting Party”), in favor of DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S.
collateral agent (in such capacity, the “U.S. Collateral Agent”) and as U.S.
administrative agent (in such capacity, the “U.S. Administrative Agent”) for the
banks and other financial institutions (the “Lenders”) from time to time parties
to the Credit Agreement referred to below and the other Secured Parties (as
defined below). All capitalized terms not defined herein shall have the meaning
ascribed to them in such the U.S. Guarantee and Collateral Agreement referred to
below, or if not defined therein, in the Credit Agreement.

W I T N E S S E T H:

          WHEREAS, RSC HOLDINGS II, LLC (“ Holdings “), RSC HOLDINGS III, LLC (the “ Parent
Borrower “), RENTAL SERVICE CORPORATION (“RSC”), RENTAL SERVICE CORPORATION OF
CANADA LTD., the other Borrowers parties thereto, DEUTSCHE BANK AG, NEW YORK
BRANCH, as U.S. administrative agent and U.S. collateral agent, DEUTSCHE BANK
AG, CANADA BRANCH, as Canadian agent and Canadian collateral agent, and the
other parties party thereto are parties to a Credit Agreement, dated as of
November 27, 2006 (as amended, supplemented, waived or otherwise modified from
time to time, the “ Credit Agreement “);

          WHEREAS, in connection with the Credit Agreement, Holdings, the Parent
Borrower, RSC and certain of its Subsidiaries are, or are to become, parties to
the U.S. Guarantee and Collateral Agreement, dated as of November 27, 2006 (as
amended, supplemented, waived or otherwise modified from time to time, the “ U.S.
Guarantee and Collateral Agreement “), in favor of the Collateral Agent, for the
ratable benefit of the Secured Parties (as defined in the U.S. Guarantee and
Collateral Agreement);

WHEREAS, the Additional Granting Party is a member of an affiliated
group of companies that includes the Parent Borrower and each other Granting
Party; the proceeds of the extensions of credit under the Credit Agreement will
be used in part to enable the Borrowers to make valuable transfers to one or
more of the other Granting Parties (including the Additional Granting Party) in
connection with the operation of their respective businesses; and the Borrowers
and the other Granting Parties (including the Additional Granting Party) are
engaged in related businesses, and each such Granting

 

 

Party (including the Additional Granting Party) will derive substantial direct
and indirect benefit from the making of the extensions of credit under the
Credit Agreement;

          WHEREAS, the Credit Agreement requires the Additional Granting Party
to become a party to the U.S. Guarantee and Collateral Agreement; and

          WHEREAS, the Additional Granting Party has agreed to execute and
deliver this Assumption Agreement in order to become a party to the U.S.
Guarantee and Collateral Agreement;

          NOW, THEREFORE, IT IS AGREED:

          1.  U.S. Guarantee and Collateral Agreement . By executing and
delivering this Assumption Agreement, the Additional Granting Party, as provided
in subsection 9.15 of the U.S. Guarantee and Collateral Agreement, hereby
becomes a party to the U.S. Guarantee and Collateral Agreement as a Granting
Party thereunder with the same force and effect as if originally named therein
as a Guarantor, Grantor and Pledgor and, without limiting the generality of the
foregoing, hereby expressly assumes all obligations and liabilities of a
Guarantor, Grantor and Pledgor thereunder. The information set forth in Annex
1-A hereto is hereby added to the information set forth in Schedules
                     to the U.S. Guarantee and Collateral Agreement, and such Schedules
are hereby amended and modified to include such information. The Additional
Granting Party hereby represents and warrants that each of the representations
and warranties of such Additional Granting Party, in its capacities as a
Guarantor, Grantor and Pledgor, contained in Section 4 of the U.S. Guarantee and
Collateral Agreement is true and correct in all material respects on and as the
date hereof (after giving effect to this Assumption Agreement) as if made on and
as of such date.

          2. GOVERNING LAW. THIS ASSUMPTION AGREEMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER AND ANY CLAIM OR CONTROVERSY RELATING
HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH,
THE LAW OF THE STATE OF NEW YORK.

 

 

          IN WITNESS WHEREOF, the undersigned has caused this Assumption
Agreement to be duly executed and delivered as of the date first above written.

	 	 	 	 	 	 	 
	 	 	[ADDITIONAL GRANTING PARTY]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Acknowledged and Agreed to as

of the date hereof by:

DEUTSCHE BANK AG, NEW YORK BRANCH

as U.S. Collateral Agent and U.S. Administrative Agent

By:                                                                         
   
     

        Name:

        Title:

 

 

ANNEX 1-A

 to

Assumption Agreement

Supplement to

Guarantee and Collateral Agreement

Schedule 1

Supplement to

Guarantee and Collateral Agreement

Schedule 2

Supplement to

Guarantee and Collateral Agreement

Schedule 3

Supplement to

Guarantee and Collateral Agreement

Schedule 4

Supplement to

Guarantee and Collateral Agreement

Schedule 5

Supplement to

Guarantee and Collateral Agreement

Schedule 6

Supplement to

Guarantee and Collateral Agreement

Schedule 7

Supplement to

Guarantee and Collateral Agreement

 

 

EXECUTION
VERSION

EXHIBIT G-3 

FORM OF CANADIAN SECURITY AGREEMENT

          CANADIAN SECURITY AGREEMENT, dated as of November 27, 2006, made by Rental Service Corporation of
Canada Ltd., a corporation incorporated and existing under the laws of the Province of Alberta
(together with its successors and assigns, the “Grantor”) in favour of Deutsche Bank AG,
Canada Branch (“DBCB”), as Canadian collateral agent (in such capacity, the “Canadian
Collateral Agent”) for the benefit of the banks and other financial institutions (collectively,
the “Lenders”; individually, a “Lender”) from time to time parties to the Credit
Agreement described below and the other Secured Parties (as defined below).

WITNESSETH:

          WHEREAS, pursuant to that certain Credit Agreement, dated as of the date hereof (as amended,
amended and restated, waived, supplemented or otherwise modified from time to time, together with
any agreement extending the maturity of, or restructuring, refunding, refinancing or increasing the
Indebtedness under such agreement or successor agreements, the “Credit Agreement”), among
RSC Holdings II, LLC (“Holdings”), RSC Holdings III, LLC (the “Parent Borrower”)
and Rental Service Corporation (together with the Parent Borrower, and as further defined in the
Credit Agreement, the “U.S. Borrowers”), the Grantor (together with any other entity that
becomes a borrower pursuant to subsection 7.9(c) of the Credit Agreement, the “Canadian
Borrowers”), Deutsche Bank AG, New York Branch, as administrative agent (in such capacity, the
“U.S. Administrative Agent”) and as collateral agent (the “U.S. Collateral Agent”),
DBCB as the Canadian administrative agent for the lenders (the “Canadian Administrative
Agent”), the Canadian Collateral Agent, the Lenders and the other parties thereto, the Lenders
have severally agreed to make extensions of credit to the Borrowers upon the terms and subject to
the conditions set forth therein (the Lenders, each Issuing Lender, the Administrative Agents, the
Collateral Agents and each other Agent are herein collectively referred to as the “Lender
Creditors”);

          WHEREAS, each Canadian Borrower and/or one or more of their respective Subsidiaries or Affiliates
may at any time and from time to time enter into one or more Interest Rate Protection Agreements or
Permitted Hedging Arrangements with one or more Lenders or any affiliate thereof (each such Lender
or affiliate, even if the respective Lender subsequently ceases to be a Lender under the Credit
Agreement for any reason, together with such Lender’s or affiliate’s successors and assigns, if
any, collectively, the “Other Creditors” and, together with the Lender Creditors, the
“Secured Parties”);

          WHEREAS, it is a condition to the obligation of the Lenders to make their respective extensions of
credit to the Canadian Borrowers under the Credit Agreement that the Grantor shall execute and
deliver this Agreement to the Canadian Collateral Agent for the benefit of the Secured Parties (as
defined below);

CANADIAN SECURITY AGREEMENT

 

 

          NOW, THEREFORE, in consideration of the premises and to induce the Canadian Administrative Agent
and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their
respective extensions of credit to the Canadian Borrowers thereunder,
the Grantor hereby agrees with the Canadian Collateral Agent, for the rateable benefit of the
Secured Parties, as follows:

SECTION
1  DEFINED TERMS

          1.1 Definitions.

          (a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall
have the meanings given to them in the Credit Agreement, and the following terms that are defined
in the PPSA (as in effect on the date hereof) are used herein as so defined: Accounts, Chattel
Paper, Documents of Title, Equipment, Fixtures, Goods, Instruments, Intangibles, Inventory, Money
and Securities;

          (b) The following terms shall have the following meanings:

     “Accounts”: all accounts (as defined in the PPSA) of the Grantor, including, without
limitation, all Accounts (as defined in the Credit Agreement) and Accounts Receivable of the
Grantor, but in any event excluding all Accounts that have been sold or otherwise transferred (and
not transferred back to the Grantor) in connection with a Special Purpose Financing.

     “Accounts Receivable”: any right to payment for goods sold or leased or for services
rendered, which is not evidenced by an Instrument or Chattel Paper.

     “Agreement”: this Canadian Security Agreement, as the same may be amended, restated,
supplemented, waived or otherwise modified from time to time.

     “Bankruptcy Case”: (i) Holdings or any of its Subsidiaries commencing any case, proceeding
or other action (A) under any existing or future law of any jurisdiction, domestic or foreign,
relating to bankruptcy, insolvency, reorganization, arrangement, conservatorship or relief of
debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate
it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up,
liquidation, dissolution, composition or other relief with respect to it or its debts, or (B)
seeking appointment of a receiver, receiver-manager, interim receiver, trustee, monitor, custodian,
conservator or other similar official for it or for all or any substantial part of its assets, or
Holdings or any of its Subsidiaries making a general assignment for the benefit of its creditors;
or (ii) there being commenced against Holdings or any of its Subsidiaries any case, proceeding or
other action of a nature referred to in clause (i) above which (A) results in the entry of an order
for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or
unbonded for a period of 60 days.

     “Borrowers”: the U.S. Borrowers, the Canadian Borrowers and, from and after the date on
which it executes and delivers to the U.S. Administrative Agent, a Borrower Joinder Agreement,
Canadian Finco or any other entity that becomes a Borrower pursuant to subsection 7.9(c) of the
Credit Agreement.

CANADIAN SECURITY AGREEMENT

- 2 -

 

     “Canadian Administrative Agent”: as defined in the recitals hereto.

     “Canadian Borrowers”: as defined in the recitals hereto.

     “Canadian Collateral Account Bank”: DBCB, an Affiliate thereof or another bank which at all
times is a Lender as selected by the Grantor and consented to in writing by the Canadian Collateral
Agent (such consent not to be unreasonably withheld or delayed).

     “Canadian Collateral Agent”: as defined in the Preamble hereto.

     “Canadian Collateral Proceeds Account”: shall mean a non-interest bearing cash collateral
account established and maintained by the Grantor at an office of the Canadian Collateral Account
Bank in the name, and in the sole dominion and control of, the Canadian Collateral Agent for the
benefit of the Secured Parties.

     “Collateral”: as defined in Section 2; provided that, for purposes of subsection
5.5.7 and Section 7, “Collateral” shall have the meaning assigned to such term in the Credit
Agreement.

     “Commitments”: the collective reference to (i) the Term Loan Commitments, (ii) the RCF
Commitments and (iii) the obligation of the Issuing Lenders to issue Letters of Credit to the
Borrowers pursuant to subsection 3.1 of the Credit Agreement.

     “Contracts”: all contracts, agreements, instruments and indentures in any form and portions
thereof (except for contracts listed on Schedule 6 hereto), to which the Grantor is a party
or under which the Grantor or any property of the Grantor is subject, as the same may from time to
time be amended, supplemented, waived or otherwise modified, including, without limitation, (i) all
rights of the Grantor to receive moneys due and to become due to it thereunder or in connection
therewith, (ii) all rights of the Grantor to damages arising thereunder and (iii) all rights of the
Grantor to perform and to exercise all remedies thereunder.

     “Copyright Licenses”: all written license agreements of the Grantor providing for the grant
by or to the Grantor of any right under any copyright of the Grantor, other than agreements with
any Person who is an Affiliate or a Subsidiary of the Parent Borrower or the Grantor, including,
without limitation, any material license agreements listed on Schedule 5 hereto, subject, in each
case, to the terms of such license agreements, and the right to prepare for sale, sell and
advertise for sale, all Inventory now or hereafter covered by such licenses.

     “Copyrights”: all of the Grantor’s right, title and interest in and to all Canadian and
foreign copyrights, whether or not the underlying works of authorship have been published or
registered, all Canadian and foreign copyright registrations and copyright applications, including,
without limitation, any copyright registrations and copyright applications listed on Schedule 5
hereto, and (i) all renewals thereof, (ii) all income, royalties, damages and payments now and
hereafter due and/or payable with respect thereto, including, without limitation, payments under
all licenses entered into in connection therewith, and damages and payments for past or future
infringements thereof and (iii) the right to sue or otherwise recover for past, present and future
infringements and misappropriations thereof.

     “Credit Agreement”: has the meaning provided in the recitals hereto.

CANADIAN SECURITY AGREEMENT

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     “Excluded Assets”: as defined in Section 2.2.

     “General Fund Account”: the general fund account of the Grantor established at the same
office of the Canadian Collateral Account Bank as the Canadian Collateral Proceeds Account.

     “Grantor”: as defined in the Preamble hereto.

     “Holdings” has the meaning provided in the recitals hereto.

     “Industrial Design License”: all written agreements, now or hereafter in effect, granting
to any third party that is not an Affiliate or a Subsidiary of the Parent Borrower any right to
make, use or sell any Industrial Design, now or hereafter owned by the Grantor or that the Grantor
otherwise has the right to license, is in existence, or granting to the Grantor any right to make,
use or sell any Industrial Design, now or hereafter owned by any third party, is in existence, and
all rights of the Grantor under any such agreement including, without limitation, the license
agreements listed on Schedule 5 hereto, subject, in each case, to the terms of such license
agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now or
hereafter covered by such licenses.

     “Industrial Designs”: all of the following, now owned or hereafter acquired by the Grantor:
(a) all industrial designs, design patents and other designs that the Grantor now or hereafter owns
or uses, including but not limited to all industrial designs, design patents and other designs
listed on Schedule 5 hereto and all renewals and extensions thereof, (b) all registrations
and recordings thereof and all applications that have been or shall be made or filed Canada or any
other country or political subdivision thereof and all records thereof and all reissues, extensions
or renewals thereof, and (c) all common law and other rights in the above.

     “Instruments”: has the meaning specified in the PPSA, but excluding the Pledged Securities.

     “Intellectual Property”: the collective reference to the Grantor’s (i) Copyrights; (ii)
Copyright Licenses; (iii) Patents; (iv) Patent Licenses; (v) Trade Secrets; (vi) Trade-marks; (vii)
Trade-mark Licenses; (viii) Industrial Designs; (ix) Industrial Design Licenses; (x) computer
software and programs (both source code and object code form), all proprietary rights in the
computer software and programs and all documentation and other materials related to the computer
software and programs; (xi) mask works, mask work registrations and applications for mask work
registrations; (xii) trade names, business names, corporate names, domain names, website names and
world wide web addresses, common law trade-marks, trade-mark registrations, trade mark
applications, trade dress and logos, and the goodwill associated with any of the foregoing; and
(xiii) any other intellectual property and industrial property.

     “Intercompany Note”: any promissory note in a principal amount in excess of
$3,500,000 evidencing loans made by the Grantor to Holdings or any of its Subsidiaries.

     “Inventory”: all inventory (as defined in the PPSA) of the Grantor, including, without
limitation, all Inventory (as defined in the Credit Agreement) of the Grantor.

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     “Investment Property”: the collective reference to (i) all “investment property” as
such term is defined in Section 9-102(a)(49) of the Uniform Commercial Code in effect in the State
of New York on the date hereof and (ii) whether or not constituting “investment property”
as so defined, all Pledged Securities.

     “Issuers”: the collective reference to the Persons identified on Schedule 2 as the issuers
of Pledged Stock, together with any successors to such companies (including, without limitation,
any successors contemplated by subsection 8.5 of the Credit Agreement).

     “Lender Creditors”: as defined in the recitals hereto.

     “Lenders”: as defined in the Preamble hereto.

     “Non-Lender Secured Parties”: any person who, at the time of entering into any Interest
Rate Protection Agreement or Permitted Hedging Arrangement or Bank Products Agreement or Management
Loan secured hereby, was a Lender or an affiliate of any Lender and their respective successors and
assigns.

     “Obligations”: the collective reference to all obligations and liabilities of the Grantor
in respect of (i) the unpaid principal of and interest on (including, without limitation, interest
accruing after the maturity of the Loans and Reimbursement Obligations and interest accruing after
the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or
like proceeding, relating to such Borrower, whether or not a claim for post-filing or post-petition
interest is allowed in such proceeding) the Loans, the Reimbursement Obligations, and all other
obligations and liabilities of such Canadian Borrower to the Secured Parties, whether direct or
indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred,
which may arise under, out of, or in connection with, the Credit Agreement, the Loans, the Letters
of Credit, the other Loan Documents (including without limitation all obligations, indebtedness and
liabilities of the Grantor under any Canadian Guarantee Agreement) (all such obligations,
liabilities and indebtedness under this clause (i), except to the extent consisting of obligations
and indebtedness with respect to Interest Rate Protection Agreements or Permitted Hedging
Arrangements, being herein collectively referred to as “Loan Document Obligations”); (ii)
any Interest Rate Protection Agreement or Permitted Hedging Arrangement entered into with any
Person who was at the time of entry into of such agreement a Lender or an affiliate of any Lender
(all such obligations, liabilities and indebtedness under this clause (ii) being herein
collectively called the “Other Obligations”), in each case whether on account of principal,
interest, reimbursement obligations, amounts payable in connection with the provision of such cash
management services or a termination of any transaction entered into
pursuant to any such Interest Rate Protection Agreement or Permitted Hedging Arrangement, fees,
indemnities, costs, expenses or otherwise (including, without limitation, all reasonable fees,
expenses and disbursements of counsel to the Canadian Administrative Agent or any other Secured
Party that are required to be paid by such Borrower pursuant to the terms of the Credit Agreement
or any other Loan Document).

     “Other Creditors”: as defined in the recitals hereto.

     “Parent Borrower”: as defined in the recitals hereto.

CANADIAN SECURITY AGREEMENT

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     “Patent Licenses”: all written license agreements of the Grantor providing for the grant by
or to the Grantor of any right under any patent, patent applicable or patentable invention other
than agreements with any Person who is an Affiliate or a Subsidiary of the Parent Borrower or the
Grantor, including, without limitation, the material license agreements listed on Schedule 5
hereto, subject, in each case, to the terms of such license agreements, and the right to prepare
for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses.

     “Patents”: all of the Grantor’s right, title and interest in and to all Canadian and
foreign patents, patent applications and patentable inventions and all reissues and extensions
thereof, including, without limitation, all patents and patent applications identified in
Schedule 5 hereto, and including, without limitation, (i) all inventions and improvements
described and claimed therein, (ii) the right to sue or otherwise recover for any and all past,
present and future infringements and misappropriations thereof, (iii) all income, royalties,
damages and other payments now and hereafter due and/or payable with respect thereto (including,
without limitation, payments under all licenses entered into in connection therewith, and damages
and payments for past, present or future infringements thereof), and (iv) all other rights
corresponding thereto and all reissues, divisions, continuations, continuations-in-part,
substitutes, renewals, and extensions thereof, all improvements thereon, and all other rights of
any kind whatsoever of the Grantor accruing thereunder or pertaining thereto.

     “Permitted Hedging Arrangement”: as defined in subsection 8.17 of the Credit Agreement.

     “Pledged Collateral”: the Pledged Securities now owned or at any time hereafter acquired by
the Grantor, and any Proceeds thereof.

     “Pledged Notes”: all promissory notes issued to or held by the Grantor in a principal
amount in excess of $3,500,000 (other than promissory notes issued in connection with an extension
of trade credit by the Grantor in the ordinary course of business) and all Intercompany Notes at
any time issued to, or held or owned by, the Grantor.

     “Pledged Securities”: the collective reference to the Pledged Notes and the Pledged Stock.

     “Pledged Stock”: the shares of Capital Stock listed on Schedule 2 as held by the Grantor,
together with any other shares of Capital Stock required to be
pledged by the Grantor pursuant to subsection 6.1(k) of the Credit Agreement, as well as any other
shares, stock certificates, options or rights of any nature whatsoever in respect of the Capital
Stock of any Person that may be issued or granted to, or held by, the Grantor while this Agreement
is in effect.

     “PPSA”: the Personal Property Security Act (Alberta), including the regulations thereto,
provided that, if perfection or the effect of perfection or non-perfection or the priority of any
Lien created hereunder on the Collateral is governed by the personal property security legislation
or other applicable legislation with respect to personal property security as in effect in a
jurisdiction other than Ontario, “PPSA” means the Personal Property Security Act or such other
applicable legislation as in effect from time to time in such other jurisdiction for purposes of
the provisions hereof relating to such perfection, effect of perfection or non-perfection or
priority.

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     “Primary Obligations”: as defined in subsection 5.5.2.

     “Pro Rata Share”: as defined in subsection 5.5.2.

     “Proceeds”: all “proceeds” as such term is defined in the PPSA and, in any event,
Proceeds of Pledged Securities shall include, without limitation, all dividends or other income
from the Pledged Securities, collections thereon or distributions or payments with respect thereto.

     “Restrictive Agreements”: as defined in subsection 2.2(a).

     “Secondary Obligations”: as defined in subsection 5.5.2.

     “Secured Parties”: as defined in the recitals hereto.

     “Security Interest”: as defined in Section 2.2.

     “Specified Asset”: as defined in subsection 3.2 hereof.

     “Trade Secret Licenses”: all written license agreements of the Grantor providing for the
grant by or to the Grantor of any right under any trade secrets, including, without limitation,
know how, processes, formulae, compositions, designs, and confidential business and technical
information, and all rights of any kind whatsoever accruing thereunder or pertaining thereto, other
than agreements with any Person who is an Affiliate or a Subsidiary of the Parent Borrower or the
Grantor, subject, in each case, to the terms of such license agreements, and the right to prepare
for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses.

     “Trade Secrets”: all of the Grantor’s right, title and interest in and to all Canadian
trade secrets, including, without limitation, know-how, processes, formulae, compositions, designs,
and confidential business and technical information, and all rights of any kind whatsoever accruing
thereunder or pertaining thereto, including, without limitation, (i) all income, royalties, damages
and payments now and hereafter due and/or payable with respect thereto, including, without
limitation, payments under all licenses, non-disclosure agreements and memoranda of understanding
entered into in connection therewith,
and damages and payments for past or future misappropriations thereof, and (ii) the right to sue or
otherwise recover for past, present or future misappropriations thereof.

     “Trade-mark Licenses”: all written license agreements of the Grantor providing for the
grant by or to the Grantor of any right under any trade-marks, service marks, trade names, trade
dress or other indicia of trade origin or business identifiers, and all rights of any kind
whatsoever accruing thereunder or pertaining thereto, other than agreements with any Person who is
an Affiliate or a Subsidiary of the Parent Borrower or the Grantor, including, without limitation,
the material license agreements listed on Schedule 5 hereto, subject, in each case, to the
terms of such license agreements, and the right to prepare for sale, sell and advertise for sale,
all Inventory now or hereafter covered by such licenses.

CANADIAN SECURITY AGREEMENT

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     “Trade-marks”: all of the Grantor’s right, title and interest in and to all Canadian and
foreign Trade-marks, service marks, trade names, trade dress or other indicia of trade origin or
business identifiers, Trade-mark and service mark registrations, and applications for Trade-mark or
service mark registrations (except for “intent to use” applications for Trade-mark or service mark
registrations filed) and any renewals thereof, including, without limitation, each registration and
application identified in Schedule 5 hereto, and including, without limitation, (i) the
right to sue or otherwise recover for any and all past, present and future infringements or
dilutions thereof, (ii) all income, royalties, damages and other payments now and hereafter due
and/or payable with respect thereto (including, without limitation, payments under all licenses
entered into in connection therewith, and damages and payments for past or future infringements
thereof), and (iii) all other rights corresponding thereto and all other rights of any kind
whatsoever of the Grantor accruing thereunder or pertaining thereto in Canada, together in each
case with the goodwill of the business connected with the use of, and symbolized by, each such
Trade-mark, service mark, trade name, trade dress or other indicia of trade origin or business
identifiers.

     “ULC Shares”: shares in any unlimited company at any time owned or otherwise held by the
Grantor.

     “U.S. Administrative Agent”: as defined in the recitals hereto.

     “U.S. Collateral Agent”: as defined in the recitals hereto.

            1.2 Other Definitional Provisions.

          (a) The words “hereof”, “herein”, “hereto” and “hereunder” and words of similar import when used in
this Agreement shall refer to this Agreement as a whole and not to any particular provision of this
Agreement, and Section, Schedule and Annex references are to this Agreement unless otherwise
specified.

          (b) The meanings given to terms defined herein shall be equally applicable to both the singular and
plural forms of such terms.

          (c) Where the context requires, terms relating to the Collateral or
Pledged Collateral, or any part thereof, when used in relation to the Grantor shall refer to the
Collateral or Pledged Collateral or the relevant part thereof.

          (d) All references in this Agreement to any of the property described in the definition of the term
“Collateral” or “Pledged Collateral”, or to any Proceeds thereof, shall be deemed to be references
thereto only to the extent the same constitute Collateral or Pledged Collateral, respectively.

          (e) Any reference in any Loan Document to Liens permitted by the Credit Agreement and any right of
the Grantor to create or suffer to exist Liens permitted by the Credit Agreement are not intended
to and do not and will not subordinate the Security Interest granted hereunder to any such Lien or
give priority to any Person over the Secured Parties.

CANADIAN SECURITY AGREEMENT

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               SECTION 2 GRANT OF SECURITY INTEREST

            2.1 Grant.

          The Grantor hereby grants to the Canadian Collateral Agent for the rateable benefit of the Secured
Parties a first priority security interest in, and mortgages, charges, assigns, hypothecates and
pledges to the Canadian Collateral Agent for the rateable benefit of the Secured Parties, in each
case, subject to existing licenses to use the Copyrights, Patents, Trade-marks, Industrial Designs
and Trade Secrets granted by the Grantor in the ordinary course of business, all of the Collateral
of the Grantor, as collateral security for the prompt and complete payment and performance when due
(whether at the stated maturity, by acceleration or otherwise) of the Obligations of the Grantor,
except as provided in subsection 2.2. The term “Collateral” means the following property (wherever
located) now owned or at any time hereafter acquired by the Grantor or in which the Grantor now has
or at any time in the future may acquire any right, title or interest, except as provided in
subsection 2.2:

          (a) all present and after-acquired personal property;

          (b) all Accounts;

          (c) all Accounts Receivable;

          (d) all Money (including all cash);

          (e) all Cash Equivalents;

          (f) all Chattel Paper;

          (g) all Contracts;

          (h) all demand, time, savings, passbook or similar account maintained with a bank (collectively,
the “Deposit Accounts”) (including DDAs);

          (i) all Documents of Title;

          (j) all Equipment;

          (k) all intangibles including all security interests, goodwill, choses in action, contracts,
contract rights, licenses and other contractual benefits;

          (l) all Instruments;

          (m) all insurance proceeds;

          (n) all Intellectual Property;

          (o) all Inventory;

          (p) all Investment Property;

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          (q) all Letter of Credit Rights;

          (r) all Securities;

          (s) all Rental Fleet;

          (t) all Pledged Collateral;

          (u) all Vehicles (other than Rental Fleet);

          (v) all Fixtures;

          (w) all books and records pertaining to any of the foregoing;

          (x) the Collateral Proceeds Account;

          (y) all substitutions and replacements of and increases, additions and, where applicable,
accessions to the property described in (a) through (x) inclusive; and

          (z) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing
and all collateral security and guarantees given by any Person with respect to any of the
foregoing.

            2.2 Certain Limited Exceptions.

          No security interest, mortgage, charge, assignment, hypothecation or pledge (collectively,
“Security Interest”) is or will be granted pursuant hereto in any right, title or interest
of the Grantor under or in (collectively, the “Excluded Assets”):

          (a) any Instruments, Contracts, Chattel Paper, Intangibles, Copyright Licenses, Patent Licenses,
Trade-mark Licenses, Trade Secret Licenses, Industrial Design Licenses or other contracts or
agreements with or issued by Persons other than Holdings, a Subsidiary of Holdings or an Affiliate
thereof, (collectively, “Restrictive Agreements”) that would otherwise be included in the
Collateral (and such Restrictive Agreements shall not be deemed to constitute a part of the
Collateral) for so long as, and to the extent that, the granting of such a security interest
pursuant hereto would result in a breach, default or termination of such Restrictive Agreements (in
each case, except to the extent that, pursuant to the PPSA or other applicable law, the granting of
security interests therein can be made without resulting in a breach, default or termination of
such Restrictive Agreements). The security interest with respect to each Restrictive Agreement will
constitute a trust in favour of the Canadian Collateral Agent, for the benefit of the Secured
Parties, pursuant to which the Grantor holds as trustee all Proceeds arising under or in connection
with the Restrictive Agreement in trust for the Canadian Collateral Agent, for the benefit of the
Secured Parties, on the following basis: (i) subject to the Credit Agreement, until the security
interest is enforceable, the Grantor is entitled to receive all such Proceeds; and (ii) whenever
the security interest is enforceable, (A) all rights of the Grantor to receive such Proceeds cease
and all such Proceeds will be immediately paid over to the Canadian Collateral
Agent for the benefit of the Secured Parties, and (B) the Grantor will take all actions requested

CANADIAN SECURITY AGREEMENT

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by the Canadian Collateral Agent to collect and enforce payment and other rights arising under the
Restrictive Agreement;

          (b) any Equipment that would otherwise be included in the Collateral (and such Equipment shall not
be deemed to constitute a part of the Collateral) if such Equipment is subject to a Lien permitted
by subsection 8.3(h) of the Credit Agreement (but only for so long as such Liens are in place);

          (c) any property that would otherwise be included in the Collateral (and such property shall not be
deemed to constitute a part of the Collateral) if such property has been sold or otherwise
transferred in connection with a Sale and Leaseback Transaction permitted under subsection 8.11 of
the Credit Agreement, or is subject to any Liens permitted under subsection 8.3(n) of the Credit
Agreement. Notwithstanding the foregoing, the security interest of the Collateral Agent shall
attach to any money, securities or other consideration received by the Grantor as consideration for
the sale or other disposition of such property;

          (d) any Money, cash, cheques, other negotiable instrument, funds and other evidence of payment held
in any Deposit Account of the Parent Borrower or any of its Subsidiaries (i) for the benefit of
customers of the Grantor or any of its Subsidiaries in the ordinary course of business and (ii) in
the nature of security deposit with respect to obligations for the benefit of the Parent Borrower
or any of its Subsidiaries, which must be held for or returned to the applicable counterparty under
applicable law or pursuant to Contractual Obligations;

          (e) any ULC Shares. If the Grantor acquires any ULC Shares, it shall immediately notify the
Canadian Collateral Agent. Upon the request of the Canadian Collateral Agent, the Grantor shall
execute and deliver all such agreements and deliver all such other documents, opinions and
certificates (including without limitation share certificates evidencing such ULC Shares) as the
Canadian Collateral Agent may reasonably require to receive a perfected, first ranking priority
Security Interest in the ULC Shares, in each case, in
form and substance reasonably acceptable to the Canadian Collateral Agent.

          (f) the Collateral shall not include the last day of the term of any lease or agreement therefor
but upon the enforcement of the security interest granted hereby in the Collateral, the Grantor
shall stand possessed of such last day in trust to assign the same to any person acquiring such
term;

          (g) the term “Goods” when used in this Agreement shall not include “consumer goods” of the Grantor
as that term is defined in the PPSA;

          (h) notwithstanding Section 2.1, the Grantor’s grant of security in Trade-marks (as defined in the
Trade-marks Act (Canada)) under this Agreement shall be limited to a grant by the Grantor of a
security interest in all of the Grantor’s right, title and interest in such Trade-marks;

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            2.3 Attachment.

          The Grantor and the Canadian Collateral Agent hereby acknowledge that (a) value has been given in
respect of the security interests granted herein; (b) the Grantor has rights in the Collateral in
which it has granted a security interest; and (c) this Agreement constitutes a security agreement
as that term is defined in the PPSA.

            2.4 Deficiency.

          If the Collateral is realized upon and the security interest in the Collateral is not sufficient to
satisfy all of the Obligations, the Grantor acknowledges and agrees that, subject to the provisions
of the PPSA, the Grantor shall continue to be liable for any Obligations remaining outstanding and
the Canadian Collateral Agent shall be entitled to pursue full payment thereof.

SECTION 3 REPRESENTATIONS AND WARRANTIES

          To induce the Canadian Collateral Agent and the Lenders to enter into the Credit Agreement and to
induce the Lenders to make their respective extensions of credit to the Canadian Borrowers
thereunder, the Grantor hereby represents and warrants to the Canadian Collateral Agent and each
other Secured Party that, in each case after giving effect to the Transaction:

            3.1 Title; No Other Liens.

          Except for the security interests granted to the Canadian Collateral Agent for the rateable benefit
of the Secured Parties pursuant to this Agreement and the other Liens permitted to exist on the
Collateral by the Credit Agreement (including, without limitation, subsection 8.3 thereof), the
Grantor owns each item of the Collateral free and clear of any and all Liens. Except as set forth
on Schedule 3, no currently effective financing statement or other similar public notice with
respect to all or any part of the Collateral is on file or of record in any public office, except
such as have been filed in favour of the Canadian Collateral Agent for the rateable benefit of the
Secured Parties pursuant to this Agreement or as are permitted by the Credit Agreement (including
without limitation subsection 8.3 thereof) or any other Loan Document
or for which financing change statements or discharges will be delivered on the Closing Date.

            3.2 Perfected First Priority Liens.

          (a) This Agreement is effective to create, as collateral security for the Obligations of the
Grantor, valid and enforceable Liens on the Grantor’s Collateral in favour of the Canadian
Collateral Agent for the benefit of the Secured Parties, except (i) with respect to all
Intellectual Property that is an Excluded Asset, or (ii) as enforceability may be affected by
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws
relating to or affecting creditor’s rights generally, general equitable principles (whether
considered in a proceeding in equity or at law) and an implied covenant of good faith and fair
dealing.

          (b) Except with regard to (i) Liens (if any) on Specified Assets and (ii) any first ranking
priority liens or deemed trusts created in favour of the Canadian federal, provincial or
territorial government as required by law (if any), upon the completion of the Filings and, with

CANADIAN SECURITY AGREEMENT

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respect to Instruments, Chattel Paper, Pledged Securities and Documents of Title upon the earlier
of such Filing or the delivery to and continuing possession by the Canadian Collateral Agent of all
Instruments, Chattel Paper, Pledged Securities and Documents of Title, a security interest in which
is perfected by possession, the Liens created pursuant to this Agreement will constitute valid
Liens on and (to the extent provided herein) perfected security interests in the Grantor’s
Collateral in favour of the Canadian Collateral Agent for the benefit of the Secured Parties, and
will be prior to all other Liens of all other Persons other than Permitted Liens, and enforceable
as such as against all other Persons other than Ordinary Course Transferees, except to the extent
that the recording of an assignment or other transfer of title to the Canadian Collateral Agent or
the recording of other applicable documents, in each case, in the Canadian Intellectual Property
Office may be necessary for perfection or enforceability, and except as enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting
the enforcement of creditors’ rights generally and by general equitable principles (whether
enforcement is sought by proceedings in equity or at law) or by an implied covenant of good faith
and fair dealing. As used in this subsection 3.2(b), the following terms shall have the following
meanings:

     “Filings”: the filing, registration or recording of (i) the Financing Statements as set
forth in Schedule 3, (ii) this Agreement or a notice thereof with respect to Intellectual Property
as set forth in Schedule 3, and (iii) any filings after the Closing Date in any other jurisdiction
as may be necessary under any Requirement of Law.

     “Financing Statements”: the financing statements delivered to the Canadian Collateral Agent
by the Grantor on the Closing Date for filing in the jurisdictions listed in Schedule 3.

     “Ordinary Course Transferees”: (i) with respect to goods only, buyers
in the ordinary course of business and lessees in the ordinary course of business, (ii) with
respect to intangibles only, licensees in the ordinary course of business, and (iii) any other
Person who is entitled to take free of the Lien.

     “Permitted Liens”: Liens permitted pursuant to the Credit Documents, including without
limitation those permitted to exist pursuant to subsection 8.3 of the Credit Agreement.

     “Specified Assets”: the following property and assets of the Grantor:

	 	(1)	 	Patents, Patent Licenses, Trade-marks, Trade-mark Licenses, Industrial Designs and Industrial
Design Licenses to the extent that (a) Liens thereon cannot be perfected by the filing of financing
statements under the PPSA or by the filing and acceptance thereof in the Canadian Intellectual
Property Office (including Liens on such Patents, Patent Licenses, Trade-marks, Trade-mark
Licenses, Industrial Designs and Industrial Design Licenses that are non-Canadian Patents, Patent
Licenses, Trade-marks, Trade-mark Licenses, Industrial Designs or Industrial Design Licenses) or
(b) such Patents, Patent Licenses, Trade-marks, Trade-mark Licenses, Industrial Designs and
Industrial Design Licenses are not, individually

CANADIAN SECURITY AGREEMENT

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	 	 	 	or in the aggregate, material to the business of any Canadian Borrower and its Subsidiaries taken
as a whole;
	 
	 	(2)	 	Copyrights and Copyright Licenses with respect thereto and Accounts or receivables arising
therefrom to the extent that the PPSA is not applicable to the creation or perfection of Liens
thereon;
	 
	 	(3)	 	Collateral for which the perfection of Liens thereon requires filings in or other actions
under the laws of jurisdictions outside of Canada, any province or territory;
	 
	 	(4)	 	goods included in Collateral received by any Person from the Grantor for “sale or
return” to the extent of claims of creditors of such Person;
	 
	 	(5)	 	Equipment constituting fixtures (other than any such Equipment subject to a Mortgage);
	 
	 	(6)	 	Proceeds of Accounts or Inventory which do not themselves constitute Collateral or which have
not yet been transferred to or deposited in the Collateral Proceeds Account (if any) or to a
Blocked Account; and
	 
	 	(7)	 	uncertificated securities to the extent a security interest is not perfected by the filing of
a financing statement.

            3.3 Jurisdiction of Organization and Locations of Collateral.

          On the date hereof, the Grantor’s jurisdiction of incorporation or amalgamation, chief executive
office, and the locations of its Collateral, are
as specified on Schedule 4.

            3.4 Accounts Receivable.

          The amounts represented by the Grantor to the Canadian Administrative Agent or the other Secured
Parties from time to time as owing by each account debtor or by all account debtors in respect of
the Grantor’s Accounts Receivable constituting Collateral will at such time be the correct amount,
in all material respects, actually owing by such account debtor or debtors thereunder, except to
the extent that appropriate reserves therefor have been established on the books of the Grantor in
accordance with GAAP. Unless otherwise indicated in writing to the Canadian Administrative Agent,
each Account Receivable of the Grantor arises out of a bona
fide sale and delivery of goods or
rendition of services by the Grantor. The Grantor has not given any account debtor any deduction in
respect of the amount due under any such Account, except in the ordinary course of business or as
the Grantor may otherwise advise the Canadian Administrative Agent in writing.

            3.5 Patents, Trade-marks, Copyrights and Industrial Designs.

          Schedule 5 lists all material Trade-marks, material Copyrights, material Patents and
material Industrial Designs, in each case registered in the Canadian Intellectual Property Office
and owned by the Grantor in its own name as of the date hereof, and all material Trade-

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mark Licenses, all material Copyright Licenses, all material Patent Licenses and material
Industrial Designs (including, without limitation, material Trade-mark Licenses for registered
Trade-marks, all material Copyright Licenses for registered Copyrights, material Patent Licenses
for registered Patents and material Industrial Design Licenses for registered Industrial Designs)
owned by the Grantor in its own name as of the date hereof.

            3.6 All Shares Pledged.

          Except as provided in subsection 2.2, the shares of Pledged Stock pledged by the Grantor hereunder
constitute in the case of shares of a Subsidiary, all the issued and outstanding shares of all
classes of the Capital Stock of such Subsidiary owned by the Grantor as is specified on Schedule 2.

            3.7 Shares Duly and Validly Issued.

          All the shares of the Pledged Stock pledged by the Grantor hereunder have been duly and validly
issued and are fully paid and non-assessable (or the equivalent, if any, under applicable foreign
law).

            3.8 Grantor Beneficial Owner.

          The Grantor is the record and beneficial owner of, and has good title to, the Pledged Securities
pledged by it hereunder, free of any and all Liens or options in favour of, or claims of, any other
Person, except the security interest created by this Agreement and Liens arising by operation of
law or expressly permitted by the Credit Agreement.

            3.9 Valid Interest.

          Upon the delivery to the Canadian Collateral Agent of the certificates evidencing the Pledged
Securities held by the Grantor together with executed undated stock powers or other instruments of
transfer, the security interest created in such Pledged Securities constituting certificated
securities by this Agreement, assuming the continuing possession of such Pledged Securities by the
Canadian Collateral Agent will constitute a valid, perfected first priority security interest in
such Pledged Securities to the extent provided in and governed by the PPSA, enforceable in
accordance with its terms against all creditors of the Grantor and any Persons purporting to
purchase such Pledged Securities from the Grantor, except as enforceability may be affected by
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws
relating to or affecting creditors’ rights generally, general equitable principles (whether
considered in a proceeding in equity or at law) and an implied covenant of good faith and fair
dealing.

          Upon the earlier of (x) (to the extent a security in uncertificated securities may be perfected by
the filing of a financing statement) the filing of the financing statements listed on Schedule 3
hereto and (y) the obtaining and maintenance of control by the Canadian Collateral Agent (or its
agents appointed for the purposes of perfection) of all Pledged Securities that constitute
uncertificated securities, the security interest created by this Agreement in such Pledged
Securities that constitute uncertificated securities, will constitute a valid, perfected first
priority security interest in such Pledged Securities constituting uncertificated securities,

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enforceable in accordance with its terms against all creditors of the Grantor and any persons
purporting to purchase such Pledged Securities from the Grantor, except as enforceability may be
affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other
similar laws relating to or affecting creditors’ rights generally, general equitable principles
(whether considered in a proceeding in equity or at law) and an implied covenant of good faith and
fair dealing.

SECTION 4 COVENANTS

          The Grantor covenants and agrees with the Canadian Collateral Agent and the other Secured Parties
that, from and after the date of this Agreement until the earlier to occur of (i) the date upon
which the Loans (including the face amount of all outstanding Bankers’ Acceptance Loans), any
Reimbursement Obligations and all other Obligations then due and owing shall have been paid in full
in cash, no Letter of Credit shall be outstanding (except for Letters of Credit that have been cash
collateralized in a manner satisfactory to the Issuing Lender) and the Commitments shall have
terminated or (ii) the date upon which all the Capital Stock of the Grantor shall have been sold or
otherwise disposed of (to a Person other than Holdings, the Parent Borrower or a Subsidiary of
either) as permitted under the terms of the Credit Agreement:

            4.1 Delivery of Instruments and Chattel Paper.

          If any amount payable under or in connection with any of the Collateral shall be or become
evidenced by any Instrument or Chattel Paper, the Grantor shall (except as provided in the
following sentence) be entitled to retain possession of all Collateral of the Grantor evidenced by
any Instrument or Chattel Paper, and shall hold all such Collateral in trust for the Canadian
Collateral Agent, for the rateable benefit of the Secured Parties. In the event that an Event of
Default shall have occurred and be continuing, upon the request of the Canadian Collateral Agent,
such Instrument or Chattel Paper (other than ordinary course rental contracts for Rental Fleet
Vehicles) shall be promptly delivered to the Canadian Collateral Agent duly endorsed in a manner
satisfactory to the Canadian Collateral Agent to be held as Collateral pursuant to this Agreement.
The Grantor shall not permit any other Person to possess any such Collateral at any time other than
in connection with any sale or other disposition of such Collateral in a transaction permitted by
the Credit Agreement.

            4.2 Maintenance of Insurance.

          The Grantor will maintain with financially sound and reputable insurance companies insurance on all
property material to the business of the Parent Borrower and its Subsidiaries, taken as a whole, in
at least such amounts and against at least such risks (but including in any event public liability,
product liability and business interruption) as are usually insured against in the same general
area by companies of similar size engaged in the same or a similar business; furnish to the
Canadian Collateral Agent, upon written request, information in reasonable detail as to the
insurance carried; and ensure that at all times the Canadian Collateral Agent and the other Secured
Parties, shall be named as additional insureds with respect to
liability policies and the Canadian Collateral Agent shall be names as loss payee with respect to
the casualty insurance maintained by the Grantor with respect to the Collateral.

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            4.3 Payment of Obligations.

          The Grantor will pay and discharge or otherwise satisfy at or before maturity or before they become
delinquent, as the case may be, all material taxes, assessments and governmental charges or levies
imposed upon the Collateral or in respect of income or profits therefrom, as well as all material
claims of any kind (including, without limitation, material claims for labour, materials and
supplies) against or with respect to the Collateral, except that no such tax, assessment, charge or
levy need be paid or satisfied if the amount or validity thereof is currently being contested in
good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto
have been provided on the books of the Grantor.

            4.4 Maintenance of Perfected Security Interest; Further Documentation.

          (a) The Grantor shall maintain the security interest created by this Agreement in the Collateral as
a perfected security interest having at least the priority described in subsection 3.2 and shall
defend such security interest against the claims and demands of all Persons whomsoever.

          (b) The Grantor will furnish to the Canadian Collateral Agent from time to time statements and
schedules further identifying and describing the Collateral and such other reports in connection
with the Collateral as the Canadian Collateral Agent may reasonably request in writing, all in
reasonable detail.

          (c) At any time and from time to time, upon the written request of the Canadian Collateral Agent,
and at the sole expense of the Grantor, the Grantor will promptly and duly execute and deliver such
further instruments and documents and take such further actions as the Canadian Collateral Agent
may reasonably request for the purpose of obtaining or preserving the full benefits of this
Agreement and of the rights and powers herein granted by the Grantor, including, without
limitation, the filing of any financing or financing change statements under the PPSA with respect
to the security interests created hereby.

            4.5 Changes in Name, Jurisdiction of Organization, etc.

          The Grantor will not, except upon not less than 30 days’ prior written notice to the Canadian
Collateral Agent, change its name or jurisdiction of organization (whether by amalgamation or
otherwise) or chief executive office or move any of its Collateral to a new jurisdiction other than
disclosed in Schedule 4; provided that, promptly after receiving a written request
therefor from the Canadian Collateral Agent, the Grantor shall deliver to the Canadian Collateral
Agent all additional financing statements or financing change statement and other documents
reasonably requested by the Canadian Collateral Agent to maintain the validity, perfection and
priority of the security interests as and to the extent provided for herein.

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            4.6 Notices.

          The Grantor will advise the Canadian Administrative Agent promptly, in reasonable detail, of:

          (a) any Lien (other than security interests created hereby or Liens expressly permitted under the
Credit Agreement) on any of the Collateral which would materially adversely affect the ability of
the Canadian Collateral Agent to exercise any of its remedies hereunder; and

          (b) the occurrence of any other event which would reasonably be expected to have a material adverse
effect on the security interests created hereby.

            4.7 Pledged Stock.

          In the event the Grantor is an Issuer within the meaning of any Canadian Security Agreement, the
Grantor agrees that (i) it will be bound by the terms of this Agreement (or such other Canadian
Security Agreement, as applicable) relating to the Pledged Stock issued by it and will comply with
such terms insofar as such terms are applicable to it, (ii) it will notify the Canadian Collateral
Agent promptly in writing of the occurrence of any of the events described in subsection 4.17 with
respect to the Pledged Stock issued by
it and (iii) the terms of subsections 5.3(c) and 5.7 shall apply to it, mutatis mutandis, with
respect to all actions that may be required of it pursuant to subsection 5.3(c) or 5.7 with respect
to the Pledged Stock issued by it.

            4.8 Accounts Receivable.

          (a) With respect to the Accounts Receivable constituting Collateral, other than in the ordinary
course of business or as permitted by the Loan Documents, the Grantor will not (i) grant any
extension of the time of payment of any of the Grantor’s Accounts Receivable, (ii) compromise or
settle any such Account Receivable for less than the full amount thereof, (iii) release, wholly or
partially, any Person liable for the payment of any Account Receivable, (iv) allow any credit or
discount whatsoever on any such Account Receivable or (v) amend, supplement or modify any Account
Receivable unless such extensions, compromises, settlements, releases, credits or discounts would
not reasonably be expected to materially adversely affect the value of the Accounts Receivable
constituting Collateral taken as a whole.

          (b) The Grantor will deliver to the Canadian Collateral Agent a copy of each material demand,
notice or document received by it that questions or calls into doubt the validity or enforceability
of more than 10% of the aggregate amount of the then outstanding Accounts Receivable.

            4.9 Maintenance of Records.

          The Grantor will keep and maintain at its own cost and expense reasonably satisfactory and complete
records of its Collateral, including, without limitation, a record of all payments received and all
credits granted with respect to such Collateral, and shall mark such
records to evidence this Agreement and the Liens and the security interests created hereby.

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            4.10 Acquisition of Intellectual Property.

          Within 90 days after the end of each calendar year, the Grantor will notify the Canadian Collateral
Agent of any acquisition of (i) any registration of any material Copyright, Patent, Trade-mark or
Industrial Design or (ii) any exclusive rights under a material Copyright License, Patent License,
Trade-mark License or Industrial Design License constituting Collateral, and, except with respect
to Intellectual Property that is an Excluded Asset, shall take such actions as may be reasonably
requested by the Canadian Collateral Agent (but only to the extent such actions are within the
Grantor’s control) to perfect the security interest granted to the Canadian Collateral Agent and
the other Secured Parties therein, to the extent provided herein in respect of any Copyright,
Patent, Trade-mark or Industrial Design constituting Collateral on the date hereof, by (x) the
execution and delivery of a Confirmation of Security Interest in Intellectual Property in the form
of Annex 1 hereto and the recordation thereof in the Canadian Intellectual Property Office and (y)
the making of appropriate registrations of financing statements under the PPSA.

            4.11 Protection of Trade Secrets.

          The Grantor shall take all steps which it deems commercially reasonable to preserve and protect the
secrecy of all material Trade Secrets of the Grantor.

            4.12 Grant of License to Use Intellectual Property.

          For the purpose of enabling the Canadian Collateral Agent to exercise rights and remedies under
this Agreement at such time as the Canadian Collateral Agent shall be lawfully entitled to exercise
such rights and remedies, the Grantor hereby grants to the Canadian Collateral Agent an
irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to
the Grantor) to use, license or sublicense any of the Collateral consisting of Intellectual
Property now owned or hereafter acquired by the Grantor, and wherever the same may be located, and
including in such license reasonable access to all media in which any of the licensed items may be
recorded or stored and to all computer software and programs used for the compilation or printout
thereof. The use of such license by the Canadian Collateral Agent may be exercised, at the option
of the Canadian Collateral Agent, upon the occurrence and during the continuation of an Event of
Default, provided that any license, sublicense or other transaction entered into by the Canadian
Collateral Agent in accordance herewith shall be binding upon the Grantor notwithstanding any
subsequent cure of an Event of Default.

            4.13 Deposit Accounts; Etc.

          The Grantor shall take, or refrain from taking, as the case may be, each action that is necessary
to be taken or not taken, as the case maybe, so that no breach of subsection 4.16 of the Credit
Agreement is caused by the failure to take such action or to refrain from taking such action by the
Grantor or any of its Subsidiaries.

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            4.14 Protection of Trade-marks.

          The Grantor shall not, with respect to any Trade-marks that are material to the business of the
Grantor, cease the use of any of such Trade-marks or fail to maintain the level of the quality of
products sold and services rendered under any of such Trade-mark at a level at least substantially
consistent with the quality of such products and services as of the date hereof, and the Grantor
shall take all steps reasonably necessary to insure that licensees of such Trade-marks use such
consistent standards of quality.

            4.15 Protection of Intellectual Property.

          Subject to the Credit Agreement, the Grantor shall not do any act or omit to do any act whereby any
of the Intellectual Property which is material to the business of the Grantor may lapse, expire, or
become abandoned, or unenforceable.

            4.16 Assignment of Letter of Credit Rights.

          In the case of any Letter-of-Credit Rights of the Grantor in any letter of credit exceeding
$5,000,000 in value acquired following the Closing
Date, the Grantor shall use its commercially reasonable efforts to promptly obtain the consent of
the issuer thereof and any nominated person thereon to the assignment of the proceeds of the
related letter of credit, pursuant to an agreement in form and substance reasonably satisfactory to
the Canadian Administrative Agent.

            4.17 Additional Shares.

          If the Grantor shall, as a result of its ownership of its Pledged Stock, become entitled to receive
or shall receive any stock certificate (including, without limitation, any stock certificate
representing a stock or share dividend or a distribution in connection with any reclassification,
increase or reduction of capital or any certificate issued in connection with any reorganization),
stock option or similar rights in respect of the Capital Stock of any Issuer, whether in addition
to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Stock, or
otherwise in respect thereof, the Grantor shall accept the same as the agent of the Canadian
Collateral Agent and the other Secured Parties, hold the same in trust for the Canadian Collateral
Agent and the other Secured Parties and deliver the same forthwith to the Canadian Collateral Agent
(who will hold the same on behalf of the Secured Parties) in the exact form received, duly endorsed
by the Grantor to the Canadian Collateral Agent, if required, together with an undated stock power
covering such certificate duly executed in blank by the Grantor, to be held by the Canadian
Collateral Agent, subject to the terms hereof, as additional collateral security for the
Obligations (subject to subsection 2.2). Any sums paid upon or in respect of the Pledged Stock upon
the liquidation or dissolution of any Issuer (except any liquidation or dissolution of any
Subsidiary of the Parent Borrower in accordance with the Credit Agreement) shall be paid over to
the Canadian Collateral Agent to be held by it hereunder as additional collateral security for the
Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged
Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to
the recapitalization or reclassification of the capital of any Issuer or pursuant to the
reorganization thereof, the property so distributed shall, unless

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otherwise subject to a perfected security interest in favour of the Canadian Collateral Agent, be
delivered to the Canadian Collateral Agent to be held by it hereunder as additional collateral
security for the Obligations. If any sums of money or property so paid or distributed in respect of
the Pledged Stock shall be received by the Grantor, the Grantor shall, until such money or property
is paid or delivered to the Canadian Collateral Agent, hold such money or property in trust for the
Secured Parties, segregated from other funds of the Grantor, as additional collateral security for
the Obligations.

            4.18 Maintenance of Pledged Stock.

          Without the prior written consent of the Canadian Collateral Agent, the Grantor will not (except as
permitted by the Credit Agreement) (i) vote to enable, or take any other action to permit, any
Issuer to issue any stock or other equity securities of any nature or to issue any other securities
convertible into, or granting the right to purchase or exchange for, any stock or other equity
securities of any nature of any Issuer, (ii) sell, assign,
transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged
Securities or Proceeds thereof, (iii) create, incur or permit to exist any Lien or option in favour
of, or any material adverse claim of any Person with respect to, any of the Pledged Securities or
Proceeds thereof, or any interest therein, except for the security interests created by this
Agreement or Liens arising by operation of law or (iv) enter into any agreement or undertaking
restricting the right or ability of the Grantor or the Canadian Collateral Agent to sell, assign or
transfer any of the Pledged Securities or Proceeds thereof.

            4.19 Pledged Notes.

          The Grantor shall, on the date of this Agreement, deliver to the Canadian Collateral Agent all
Pledged Notes then held by the Grantor (excluding any Pledged Note the principal amount of which
does not exceed $3,500,000), endorsed in blank or, at the request of the Canadian Collateral Agent,
endorsed to the Canadian Collateral Agent. Furthermore, within ten Business Days after any Grantor
obtains a Pledged Note with a principal amount in excess of $5,000,000, the Grantor shall cause
such Pledged Note to be delivered to the Canadian Collateral Agent, endorsed in blank or, at the
request of the Canadian Collateral Agent, endorsed to the Canadian Collateral Agent.

            4.20 Maintenance of Security Interest.

          The Grantor shall maintain the security interest created by this Agreement in the Grantor’s Pledged
Collateral as a perfected security interest having at least the priority described in subsection
3.2 and shall defend such security interest against the claims and demands of all Persons
whomsoever. At any time and from time to time, upon the written request of the Canadian Collateral
Agent and at the sole expense of the Grantor, the Grantor will promptly and duly execute and
deliver such further instruments and documents and take such further actions as the Canadian
Collateral Agent may reasonably request for the purpose of obtaining or preserving the full
benefits of this Agreement and of the rights and powers herein granted by the Grantor.

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SECTION 5 REMEDIAL PROVISIONS

            5.1 Certain Matters Relating to Accounts.

          (a) At any time and from time to time after the occurrence and during the continuance of an Event
of Default, the Canadian Collateral Agent shall have the right to make test verifications of the
Accounts Receivable constituting Collateral in any reasonable manner and through any reasonable
medium that it reasonably considers advisable, and the Grantor shall furnish all such assistance
and information as the Canadian Collateral Agent may reasonably require in connection with such
test verifications. At any time and from time to time after the occurrence and during the
continuance of an Event of Default, upon the Canadian Collateral Agent’s reasonable request and at
the expense of the Grantor, the Grantor shall cause independent public or chartered accountants or
others reasonably satisfactory to the Canadian Collateral Agent to furnish to the Canadian
Collateral Agent reports showing reconciliations, aging and test verifications of, and trial
balances for, the Accounts Receivable constituting
Collateral.

          (b) The Canadian Collateral Agent hereby authorizes the Grantor to collect the Grantor’s Accounts
Receivable constituting Collateral and the Canadian Collateral Agent may curtail or terminate said
authority at any time after the occurrence and during the continuance of an Event of Default
specified in subsection 9(a) of the Credit Agreement. If required by the Canadian Collateral Agent
at any time after the occurrence and during the continuance of an Event of Default specified in
subsection 9(a) of the Credit Agreement, any Proceeds constituting payments or other cash proceeds
of Accounts Receivables constituting Collateral, when collected by the Grantor, (i) shall be
forthwith (and, in any event, within two Business Days of receipt by the Grantor) deposited in, or
otherwise transferred by the Grantor to the Collateral Proceeds Account, subject to withdrawal by
the Canadian Collateral Agent for the account of the Secured Parties only as provided in subsection
5.5, and (ii) until so turned over, shall be held by the Grantor in trust for the Canadian
Collateral Agent and the other Secured Parties, segregated from other funds of the Grantor. All
Proceeds constituting collections or other cash proceeds of Accounts Receivable constituting
Collateral while held by the Canadian Collateral Account Bank (or by the Grantor in trust for the
benefit of the Canadian Collateral Agent and the other Secured Parties) shall continue to be
collateral security for all of the Obligations and shall not constitute payment thereof until
applied as hereinafter provided. At any time when an Event of Default specified in subsection 9(a)
of the Credit Agreement has occurred and is continuing, at the Canadian Collateral Agent’s
election, each of the Canadian Administrative Agent and the Canadian Collateral Agent may apply all
or any part of the funds on deposit in the Canadian Collateral Proceeds Account established by the
Grantor to the payment of the Obligations of the Grantor then due and owing, such application to be
made as set forth in subsection 5.5 hereof. So long as no Event of Default has occurred and is
continuing, the funds on deposit in the Canadian Collateral Proceeds Account shall be remitted as
provided in subsection 5.1(d) hereof.

          (c) At any time and from time to time after the occurrence and during the continuance of an Event
of Default specified in subsection 9(a) of the Credit Agreement, at the Canadian Collateral Agent’s
request, the Grantor shall deliver to the Canadian Collateral Agent copies or, if required by the
Canadian Administrative Agent for the enforcement thereof or
foreclosure thereon, originals of all documents held by the Grantor evidencing, and relating to,

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the agreements and transactions which gave rise to the Grantor’s Accounts Receivable constituting
Collateral, including, without limitation, all statements relating to the Grantor’s Accounts
Receivable constituting Collateral and all orders, invoices and shipping receipts.

          (d) So long as no Event of Default has occurred and is continuing, the Canadian Collateral Agent
shall instruct the Canadian Collateral Account Bank to promptly remit any funds on deposit in the
Grantor’s Canadian Collateral Proceeds Account to the Grantor’s General Fund Account. In the event
that an Event of Default has occurred and is continuing, the Canadian Collateral Agent and the
Grantors agree that the Canadian Collateral Agent, at its option, may require that each Collateral
Proceeds Account and the General Fund Account of
the Grantor be established at the Canadian Collateral Agent. The Grantor shall have the right, at
any time and from time to time, to withdraw such of its funds from its General Fund Account, and to
maintain such balances in its General Fund Account, as it shall deem to be necessary or desirable.

            5.2 Communications with Obligors; Grantors Remain Liable.

          (a) The Canadian Collateral Agent, in its own name or in the name of others, may at any time and
from time to time after the occurrence and during the continuance of an Event of Default specified
in subsection 9(a) of the Credit Agreement, communicate with obligors under the Accounts Receivable
constituting Collateral and parties to the Contracts (in each case, to the extent constituting
Collateral) to verify with them to the Canadian Collateral Agent’s satisfaction the existence,
amount and terms of any Accounts Receivable constituting Collateral or Contracts.

          (b) Upon the request of the Canadian Collateral Agent at any time after the occurrence and during
the continuance of an Event of Default specified in subsection 9(a) of the Credit Agreement, the
Grantor shall notify obligors on the Grantor’s Accounts Receivable and parties to the Grantor’s
Contracts (in each case, to the extent constituting Collateral) that such Accounts Receivable and
such Contracts have been assigned to the Canadian Collateral Agent, for the rateable benefit of the
Secured Parties, and that payments in respect thereof shall be made directly to the Canadian
Collateral Agent.

          (c) Anything herein to the contrary notwithstanding, the Grantor shall remain liable under each of
its Accounts Receivable to observe and perform all the conditions and obligations to be observed
and performed by it thereunder, all in accordance with the terms of any agreement giving rise
thereto. None of the Canadian Collateral Agent, the Canadian Administrative Agent or any other
Secured Party shall have any obligation or liability under any Account Receivable (or any agreement
giving rise thereto) by reason of or arising out of this Agreement or the receipt by the Canadian
Collateral Agent or any other Secured Party of any payment relating thereto, nor shall the Canadian
Collateral Agent or any other Secured Party be obligated in any manner to perform any of the
obligations of the Grantor under or pursuant to any Account Receivable (or any agreement giving
rise thereto) to make any payment, to make any inquiry as to the nature or the sufficiency of any
payment received by it or as to the sufficiency of any performance by any party thereunder, to
present or file any claim, to take any action to enforce any performance or to collect the payment
of any amounts that may have been assigned to it or to which it may be entitled at any time or
times.

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            5.3 Pledged Stock.

          (a) Unless an Event of Default shall have occurred and be continuing and the Canadian Collateral
Agent shall have given notice to the Grantor of the Canadian Collateral Agent’s intent to exercise
its corresponding rights pursuant to subsection 5.3(b), the Grantor shall be permitted to receive
all cash dividends and distributions paid in respect of the Pledged Stock (subject to the last two
sentences of subsection 4.17 of this Agreement) and all payments made in respect of the Pledged
Notes, to the extent permitted in the Credit
Agreement, and to exercise all voting and corporate rights with respect to the Pledged Stock;
provided, however, that no vote shall be cast or corporate right exercised or such other action
taken (other than in connection with a transaction expressly permitted by the Credit Agreement)
which, in the Canadian Collateral Agent’s reasonable judgment, would materially impair the Pledged
Stock or the related rights or remedies of the Secured Parties or which would be inconsistent with
or result in any violation of any provision of the Credit Agreement, this Agreement or any other
Loan Document.

          (b) If an Event of Default shall occur and be continuing and the Canadian Collateral Agent shall
give notice of its intent to exercise such rights to the Grantor, (i) the Canadian Collateral Agent
shall have the right to receive any and all cash dividends, payments or other Proceeds paid in
respect of the Pledged Stock and make application thereof to the Obligations of the Grantor in such
order as is provided in subsection 5.5, and (ii) any or all of the Pledged Stock shall be
registered in the name of the Canadian Collateral Agent or its nominee, and the Canadian Collateral
Agent or its nominee may thereafter exercise (x) all voting, corporate and other rights pertaining
to such Pledged Stock at any meeting of shareholders of the relevant Issuer or Issuers or otherwise
and (y) any and all rights of conversion, exchange, subscription and any other rights, privileges
or options pertaining to such Pledged Stock as if it were the absolute owner thereof (including,
without limitation, the right to exchange at its discretion any and all of the Pledged Stock upon
the merger, consolidation, reorganization, recapitalization or other fundamental change in the
corporate structure of any Issuer, or upon the exercise by the Grantor or the Canadian Collateral
Agent of any right, privilege or option pertaining to such Pledged Stock, and in connection
therewith, the right to deposit and deliver any and all of the Pledged Stock with any committee,
depositary, transfer agent, registrar or other designated agency upon such terms and conditions as
the Canadian Collateral Agent may reasonably determine), all without liability (other than for its
gross negligence or wilful misconduct) except to account for property actually received by it, but
the Canadian Collateral Agent shall have no duty to the Grantor to exercise any such right,
privilege or option and shall not be responsible for any failure to do so or delay in so doing,
provided that the Canadian Collateral Agent shall not exercise any voting or other consensual
rights pertaining to the Pledged Stock in any way that would constitute an exercise of the remedies
described in subsection 5.6 other than in accordance with subsection 5.6.

          (c) The Grantor hereby authorizes and instructs each Issuer or maker of any Pledged Securities
pledged by the Grantor hereunder to (i) comply with any instruction received by it from the
Canadian Collateral Agent in writing that (x) states that an Event of Default has occurred and is
continuing and (y) is otherwise in accordance with the terms of this Agreement, without any other
or further instructions from the Grantor, and the Grantor agrees that each
Issuer or maker shall be fully protected in so complying, and (ii) unless otherwise expressly

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permitted hereby, pay any dividends or other payments with respect to the Pledged Securities
directly to the Canadian Collateral Agent.

            5.4 Proceeds to be Turned Over To Canadian Collateral Agent.

          In addition to the rights of the Canadian Collateral Agent and the other Secured Parties specified
in subsection 5.1 with respect to payments of Accounts Receivable constituting Collateral, if an
Event of Default shall occur and be continuing, and the Canadian Collateral Agent shall have
instructed the Grantor to do so, all Proceeds received by the Grantor consisting of cash, cheques
and other Cash Equivalent items shall be held by the Grantor in trust for the Canadian Collateral
Agent and the other Secured Parties hereto, or as applicable, segregated from other funds of the
Grantor, and shall, forthwith upon receipt by the Grantor, be turned over to the Canadian
Collateral Agent (or its agents appointed for purposes of perfection) in the exact form received by
the Grantor (duly endorsed by the Grantor to the Canadian Collateral Agent if required). All
Proceeds received by the Canadian Collateral Agent hereunder shall be held by the Canadian
Collateral Agent in the relevant Canadian Collateral Proceeds Account maintained under its sole
dominion and control. All Proceeds while held by the Canadian Collateral Agent in such Canadian
Collateral Proceeds Account (or by the Grantor in trust for the Canadian Collateral Agent and the
other Secured Parties) shall continue to be held as collateral security for all the Obligations of
the Grantor and shall not constitute payment thereof until applied as provided in subsection 5.5.

            5.5 Application of Proceeds.

          5.5.1 It is agreed that if an Event of Default shall occur and be continuing, any and all
Proceeds of the Collateral received by the Canadian Collateral Agent (whether from the Grantor or
otherwise) shall be held by the Canadian Collateral Agent for the benefit of the Secured Parties as
collateral security for the Obligations of the Grantor (whether matured or unmatured), and/or then
or at any time thereafter may, in the sole discretion of the Canadian Collateral Agent, be applied
by the Canadian Collateral Agent against the Obligations of the Grantor then due and owing as
follows:

          (a) first, to the payment of all amounts owing the Canadian Collateral Agent for (i) any
amounts advanced by the Canadian Collateral Agent in order to preserve the Collateral or preserve
its security interest in the Collateral, (ii) in the event of the enforcement of any indebtedness,
obligations, or liabilities of the Grantor, after an Event of Default shall have occurred and be
continuing, the reasonable expenses of retaking, holding, preparing for sale or lease, selling or
otherwise disposing of or realizing on the Collateral, or of any exercise by the Canadian
Collateral Agent of its rights hereunder, together with reasonable attorneys’ fees and court costs
and (iii) all amounts paid to which the Canadian Collateral Agent has the right to reimbursement
under subsection 8.5;

          (b) second, to the extent proceeds remain after the application pursuant to the preceding
clause (a), to the payment of all amounts owing to any Agent pursuant to any of the Loan Documents
in its capacity as such;

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          (c) third, to the extent proceeds remain after the application pursuant to the preceding
clauses (a) and (b), an amount equal to the outstanding Primary Obligations shall be paid to the
Secured Parties as provided in subsection 5.5.2 hereof, with each Secured Party receiving an amount
equal to its outstanding Primary Obligations or, if the proceeds are insufficient to pay
in full all such Primary Obligations, its Pro Rata Share of the amount remaining to be distributed;

          (d) fourth, to the extent proceeds remain after the application pursuant to the preceding
clauses (a) through (c), an amount equal to the outstanding Secondary Obligations shall be paid to
the Secured Parties as provided in subsection 5.5.2 hereof, with each Secured Party receiving an
amount equal to its outstanding Secondary Obligations or, if the proceeds are insufficient to pay
in full all such Secondary Obligations, its Pro Rata Share of the amount remaining to be
distributed;

          (e) fifth, to the extent proceeds remain after the application pursuant to preceding
clauses (a) through (d), inclusive, ratably to any then remaining unpaid Obligations; and

          (f) sixth, to the extent proceeds remain after the application pursuant to the preceding
clauses (a) through (e), inclusive, and following the termination of this Agreement, to the Grantor
or to whomever may be lawfully entitled to receive such surplus.

          5.5.2 For purposes of this Agreement, (i) “Pro Rata Share” shall mean, when
calculating a Secured Party’s portion of any distribution or amount, that amount (expressed as a
percentage) equal to a fraction the numerator of which is the then unpaid amount of such Secured
Party’s Primary Obligations or Secondary Obligations, as the case may be, and the denominator of
which is the then outstanding amount of all Primary Obligations or Secondary Obligations, as the
case may be, (ii) “Primary Obligations” shall mean (x) in the case of the Loan Document
Obligations, all unpaid principal (or, face amount or Stated Amount, as applicable) of, premium, if
any, fees and interest on, all Loans, all Reimbursement Obligations, the Letters of Credit and all
fees and expenses due and owing pursuant to the Credit Agreement and (y) in the case of the Other
Obligations, all amounts due under each Interest Rate Protection Agreement or Permitted Hedging
Arrangement with an Other Creditor (other than indemnities, fees (including, without limitation,
attorneys’ fees) and similar obligations and liabilities), and (iii) “Secondary
Obligations” shall mean all Obligations other than Primary Obligations.

          5.5.3  Each of the Secured Parties, by their acceptance of the benefits hereof and of the
other Security Documents, agrees and acknowledges that if the Lender Creditors receive a
distribution on account of undrawn amounts with respect to Letters of Credit issued under the
Credit Agreement (which shall only occur after all Loans and Reimbursement Obligations constituting
Primary Obligations have been paid in full), such amounts shall be paid to the Canadian
Administrative Agent under the Credit Agreement and held by it, for the equal and ratable benefit
of the respective Lender Creditors, as cash security for the repayment of Obligations owing to the
Lender Creditors as such. If any amounts are held as cash security pursuant to the immediately
preceding sentence, then upon the termination of all outstanding Letters of Credit under the Credit
Agreement constituting Primary Obligations and after the application of all such cash security to
the repayment of all Obligations owing to the respective Lender Creditors after giving effect to
the termination of all such Letters of Credit, if there

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remains any excess cash, such excess cash shall be returned by the Canadian Administrative Agent to
the Canadian Collateral Agent for distribution in accordance with subsection 5.5.1 hereof.

          5.5.4 All payments required to be made hereunder shall be made (x) if to the Lender
Creditors, to the Canadian Administrative Agent for the account of the Lender Creditors and (y) if
to the Other Creditors, to the trustee, paying agent or other similar representative (each, a
“Representative”) for the Other Creditors or, in the absence of such a Representative,
directly to the Other Creditors.

          5.5.5 For purposes of applying payments received in accordance with this subsection 5.5.5,
the Canadian Collateral Agent shall be entitled to rely upon (i) the Administrative Agents and (ii)
the Representative or, in the absence of such a Representative, upon the Other Creditors for a
determination (which the Administrative Agents, each Representative and the Other Creditors agree
(or shall agree) to provide upon request of the Canadian Collateral Agent) of the outstanding
Primary Obligations and Secondary Obligations owed to the Lender Creditors or the Other Creditors,
as the case may be. Unless it has received written notice from a Lender Creditor or an Other
Creditor to the contrary, the Administrative Agents and each Representative, in furnishing
information pursuant to the preceding sentence, and the Canadian Collateral Agent, in acting
hereunder, shall be entitled to assume that no Secondary Obligations are outstanding. Unless it has
written notice from an Other Creditor to the contrary, the Canadian Collateral Agent, in acting
hereunder, shall be entitled to assume that no Interest Rate Protection Agreements or Permitted
Hedging Arrangements with an Other Creditor are in existence.

          5.5.6 The Grantor shall remain liable to the extent of any deficiency between the amount of
the proceeds of the Collateral and the aggregate amount of the Obligations.

          5.5.7 To the extent any other Loan Document requires Proceeds of Collateral under such Loan
Document to be applied in accordance with the provisions of this Agreement, the Canadian Collateral
Agent or holder under such other Loan Document shall apply such Proceeds in accordance with this
Section.

            5.6 PPSA and Other Remedies.

          (a) If an Event of Default shall occur and be continuing, the Canadian Collateral Agent, on behalf
of the Secured Parties, may exercise, in addition to all other rights and remedies granted to them
in this Agreement, the Credit Agreement and in any other instrument or agreement securing,
evidencing or relating to the Obligations to the extent permitted by applicable law, all rights and
remedies of a secured party under the PPSA, any other applicable law and in equity. Without
limiting the generality of the foregoing, and except to the extent restricted by applicable law,
the Canadian Collateral Agent, without demand of performance or other demand, presentment, protest,
advertisement or notice of any kind (except any notice required by law referred to below) to or
upon the Grantor or any other Person (all and each of which demands, defenses, advertisements and
notices are hereby waived), may in such circumstances, enter onto any premises where Collateral
consisting of tangible personal property may be located, forthwith collect, receive, appropriate
and realize upon the Collateral, or any part

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thereof; and/or may forthwith sell, lease, assign, give option or options to purchase, or otherwise
dispose of and deliver the Collateral or any part thereof (or contract to do any of the foregoing),
in one or more parcels at public or private sale or sales, at any exchange, broker’s board or
office of the Canadian Collateral Agent or any other Secured Party or elsewhere upon such terms and
conditions as it may deem advisable and at such prices as it may deem best, for cash or on credit
or for future delivery without assumption of any credit risk. The Canadian Collateral Agent or any
other Secured Party shall have the right, except to the extent restricted by applicable law, upon
any such sale or sales, to purchase the whole or any part of the Collateral so sold, free of any
right or equity of redemption in the Grantor, which right or equity is hereby waived and released.
The Grantor further agrees, at the Canadian Collateral Agent’s request, to assemble the Collateral
and make it available to the Canadian Collateral Agent at places which the Canadian Collateral
Agent shall reasonably select, whether at the Grantor’s premises or elsewhere. The Canadian
Collateral Agent shall apply the net proceeds of any action taken by it pursuant to this subsection
5.6, after deducting all reasonable costs and expenses of every kind incurred in connection
therewith or incidental to the care or safekeeping of any of the Collateral or in any way relating
to the Collateral or the rights of the Canadian Collateral Agent and the other Secured Parties
hereunder, including, without limitation, reasonable legal fees and disbursements, to the payment
in whole or in part of the Obligations of the Grantor then due and owing, in the order of priority
specified in subsection 5.5 above, and only after such application and after the payment by the
Canadian Collateral Agent of any other amount required by any provision of law, need the Canadian
Collateral Agent account for the surplus, if any, to the Grantor. To the extent permitted by
applicable law, (i) the Grantor waives all claims, damages and demands it may acquire against the
Canadian Collateral Agent or any other Secured Party arising out of the repossession, retention or
sale of the Collateral, other than any such claims, damages and demands that may arise from the
gross negligence or wilful misconduct of any of the Canadian Collateral Agent or such other Secured
Party, and (ii) if any notice of a proposed sale or other disposition of Collateral shall be
required by law, such notice shall be deemed reasonable and proper if given at least 10 days before
such sale or other disposition.

          (b) The Canadian Collateral Agent may appoint, remove or reappoint by instrument in writing, any
Person or Persons, whether an officer or officers or an employee or employees of the Grantor or
not, to be an interim receiver, receiver or receivers (hereinafter called a “Receiver”,
which term when used herein shall include a receiver and manager) of such Collateral (including any
interest, income or profits therefrom). Any such Receiver shall act as agent for the Canadian
Collateral Agent for the purposes of taking possession of the Collateral but otherwise and for all
other purpose, be deemed the agent of the Grantor and not of the Canadian Collateral Agent. The
Canadian Collateral Agent shall not be in any way responsible for any misconduct, negligence or
non-feasance on the part of any such Receiver or its servants, agents or employees. The identity of
the receiver, its replacement and its remuneration are within the sole and unfettered discretion of
the Canadian Collateral Agent. Subject to the provisions of the instrument appointing it, any such
Receiver shall (i) have such powers as have been granted to the Canadian Collateral Agent under
this Section 5 and (ii) shall be entitled to exercise such powers at any time that such powers
would otherwise be exercisable by the Canadian Collateral Agent under this Section 5, which powers
shall include, but are not limited to,
the power to take possession of the Collateral, to preserve the Collateral or its value, to carry
on or concur in carrying on all or any part of the business of the Grantor and to sell, lease,
license
or otherwise dispose of or concur in selling, leasing, licensing or otherwise disposing of the

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Collateral. To facilitate the foregoing powers, any such Receiver may, to the exclusion of all
others, including the Grantor, enter upon, use and occupy all premises owned or occupied by the
Grantor wherein the Collateral may be situate, maintain the Collateral upon such premises, borrow
money on a secured or unsecured basis and use the Collateral directly in carrying on the Grantor’s
business or as security for loans or advances to enable the Receiver to carry on the Grantor’s
business or otherwise, as such Receiver shall, in its reasonable discretion, determine. Except as
may be otherwise directed by the Canadian Collateral Agent, all money received from time to time by
such Receiver in carrying out his/her/its appointment shall be received in trust for and be paid
over to the Canadian Collateral Agent and any surplus shall be applied in accordance with
applicable law. Every such Receiver may, in the discretion of the Canadian Collateral Agent, be
vested with, in addition to the rights set out herein, all or any of the rights and powers of the
Canadian Administrative Agent, the Canadian Collateral Agent described in the Credit Agreement, the
PPSA, and any other applicable laws.

            5.7 Registration Rights.

          (a) If the Canadian Collateral Agent shall determine to exercise its right to sell any or all of
the Pledged Stock pursuant to subsection 5.6, and if in the reasonable opinion of the Canadian
Collateral Agent it is necessary or reasonably advisable to have the Pledged Stock, or that portion
thereof to be sold, registered under the provisions of applicable securities legislation, the
Grantor will use its reasonable best efforts to cause the Issuer thereof to (i) execute and
deliver, and use its best efforts to cause the directors and officers of such Issuer to execute and
deliver, all such instruments and documents, and do or cause to be done all such other acts as may
be, in the reasonable opinion of the Canadian Collateral Agent necessary or advisable to register
such Pledged Stock, or that portion thereof to be sold, under the provisions of the applicable
securities legislation, (ii) use its reasonable best efforts to cause the registration statement
relating thereto to become effective and to remain effective for a period of not more than one year
from the date of the first public offering of such Pledged Stock, or that portion thereof to be
sold, and (iii) make all amendments thereto and/or to the related prospectus which, in the
reasonable opinion of the Canadian Collateral Agent are necessary or advisable, all in conformity
with the requirements of applicable securities legislation and the rules and regulations of any
applicable securities commission or regulation applicable thereto. The Grantor agrees to use its
reasonable best efforts to cause such Issuer to comply with the provisions of the securities laws
of any and all provinces and territories that the Canadian Collateral Agent shall reasonably
designate and to make available to its security holders, as soon as practicable, any statements
(which need not be audited) that will satisfy the provisions of applicable securities legislation.

          (b) The Grantor recognizes that the Canadian Collateral Agent may be
unable to effect a public sale of any or all such Pledged Stock, by reason of certain prohibitions
contained in applicable securities legislation or otherwise, and may be compelled to resort to one
or more private sales thereof to a restricted group of purchasers which will be obliged to agree,
among other things, to acquire such securities for their own account for investment and not with a
view to the distribution or resale thereof. The Grantor acknowledges and agrees that any such
private sale may result in prices and other terms less favourable than if such sale were a public
sale and,
notwithstanding such circumstances, to the extent permitted by applicable law, agrees that any such
private sale shall be deemed to have been made in a commercially reasonable manner. The

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Canadian
Collateral Agent shall not be under any obligation to delay a sale of any of the Pledged Stock for
the period of time necessary to permit the Issuer thereof to register such securities for public
sale under applicable securities legislation, even if such Issuer would agree to do so.

          (c) The Grantor agrees to use its reasonable best efforts to do or cause to be done all such other
acts as may be necessary to make such sale or sales of all or any portion of such Pledged Stock
pursuant to this subsection 5.7 valid and binding and in compliance with any and all other
applicable Requirements of Law. The Grantor further agrees that a breach of any of the covenants
contained in this subsection 5.7 will cause irreparable injury to the Canadian Collateral Agent and
the Lenders, that the Canadian Collateral Agent and the Lenders have no adequate remedy at law in
respect of such breach and, as a consequence, that each and every covenant contained in this
subsection 5.7 shall be specifically enforceable against the Grantor, and to the extent permitted
by applicable law, the Grantor hereby waives and agrees not to assert any defenses against an
action for specific performance of such covenants except for a defense that no Event of Default has
occurred or is continuing under the Credit Agreement.

            5.8 Waiver; Deficiency.

          The Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition
of the Collateral are insufficient to pay in full, the Loans, Reimbursement Obligations
constituting Obligations of the Grantor and, to the extent then due and owing, all other
Obligations of the Grantor and the reasonable fees and disbursements of any legal counsel employed
by the Canadian Collateral Agent or any other Secured Party to collect such deficiency.

SECTION 6 THE CANADIAN COLLATERAL AGENT

            6.1 Canadian Collateral Agent’s Appointment as Attorney-in-Fact, etc.

          (a) The Grantor hereby irrevocably constitutes and appoints the Canadian Collateral Agent or any
authorized officer or agent thereof, with full power of substitution, as its true and lawful
attorney-in-fact with full irrevocable power and authority in the place and stead of the Grantor
and in the name of the Grantor or in its own name, for the purpose of carrying out the terms of
this Agreement, to take any and all appropriate action and to execute any and all documents and
instruments that may be reasonably necessary or
desirable to accomplish the purposes of this Agreement to the extent permitted by applicable law,
provided that the Canadian Collateral Agent agree not to exercise such power except upon the
occurrence and during the continuance of any Event of Default. Without limiting the generality of
the foregoing, at any time when an Event of Default has occurred and is continuing (in each case to
the extent permitted by applicable law), (x) the Grantor hereby gives the Canadian Collateral Agent
the power and right, on behalf of the Grantor, without notice or assent by the Grantor, to execute,
in connection with any sale provided for in subsection 5.6 or 5.7, any endorsements, assessments or
other instruments of conveyance or transfer with respect to the Grantor’s Pledged Collateral, and
(y) the Grantor hereby gives the Canadian Collateral Agent the power and right, on behalf of the
Grantor, without notice to or assent by the Grantor, to do any or all of the following:

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     (i) in the name of the Grantor or its own name, or otherwise, take possession of and endorse and
collect any cheques, drafts, notes, acceptances or other instruments for the payment of moneys due
under any Account Receivable of the Grantor that constitutes Collateral or with respect to any
other Collateral of the Grantor and file any claim or take any other action or institute any
proceeding in any court of law or equity or otherwise deemed appropriate by the Canadian Collateral
Agent for the purpose of collecting any and all such moneys due under any Account Receivable of the
Grantor that constitutes Collateral or with respect to any other Collateral of the Grantor whenever
payable;

     (ii) in the case of any Copyright, Patent, Trade-mark, or Industrial Design constituting Collateral
of the Grantor, execute and deliver any and all agreements, instruments, documents and papers as
the Canadian Collateral Agent may reasonably request to the Grantor to evidence the Canadian
Collateral Agent’s and the Lenders’ security interest in such Copyright, Patent, Trade-mark or
Industrial Design and the goodwill and intangibles of the Grantor relating thereto or represented
thereby;

     (iii) pay or discharge taxes and Liens, other than Liens permitted under this Agreement or the
other Loan Documents, levied or placed on the Collateral of the Grantor, effect any repairs or any
insurance called for by the terms of this Agreement and pay all or any part of the premiums
therefor and the costs thereof; and

     (iv) (A) direct any party liable for any payment under any of the Collateral of the Grantor to make
payment of any and all moneys due or to become due thereunder directly to the Canadian Collateral
Agent or as the Canadian Collateral Agent shall direct; (B) ask or demand for, collect, receive
payment of and receipt for, any and all moneys, claims and other amounts due or to become due at
any time in respect of or arising out of any Collateral of the Grantor; (C) sign and endorse any
invoices, freight or express bills, bills of lading, storage or warehouse receipts, drafts against
debtors, assignments, verifications, notices and other documents in connection with any of the
Collateral of the Grantor; (D) commence and prosecute any suits, actions or proceedings at law or
in equity in any court of competent jurisdiction to collect the Collateral of the Grantor or any
portion thereof and to enforce any other right in respect of any
Collateral of the Grantor; (E) defend any suit, action or proceeding brought against the Grantor
with respect to any Collateral of the Grantor; (F) settle, compromise or adjust any such suit,
action or proceeding described in clause (E) above and, in connection therewith, to give such
discharges or releases as the Canadian Collateral Agent may deem appropriate; (G) subject to any
existing reserved rights or licenses, license or sublicense, any Copyright, Patent, Trade-mark or
Industrial Design constituting Collateral of the Grantor (along with the goodwill of the business
to which any such Copyright, Patent, Trade-mark or Industrial Design pertains), for such term or
terms, on such conditions, and in such manner, as the Canadian Administrative Agent shall in its
sole discretion determine; and (H) generally, sell, transfer, pledge and make any agreement with
respect to or otherwise deal with any of the Collateral of the Grantor as fully and completely as
though the Canadian Collateral Agent were the absolute owner thereof for all purposes, and do, at
the Canadian Collateral Agent’s option and the Grantor’s expense, at any time, or from
time to time, all acts and things which the Canadian Collateral Agent deems necessary to

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protect,
preserve or realize upon the Collateral of the Grantor and the Canadian Collateral Agent’s and the
other Secured Parties’ security interests therein and to effect the intent of this Agreement, all
as fully and effectively as the Grantor might do.

          (b) The reasonable expenses of the Canadian Collateral Agent incurred in connection with actions
undertaken as provided in this subsection 6.1, together with interest thereon at a rate per annum
equal to the rate per annum at which interest would then be payable on past due Loans that are RCF
Loans under the Credit Agreement, from the date of payment by the Canadian Collateral Agent to the
date reimbursed by the Grantor, shall be payable by the Grantor to the Canadian Collateral Agent on
demand.

          (c) The Grantor hereby ratifies all that said attorney shall lawfully do or cause to be done by
virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with
an interest and are irrevocable as to the Grantor until this Agreement is terminated, and the
security interests in the Collateral of the Grantor created hereby are released.

            6.2 Duty of Canadian Collateral Agent.

          The Canadian Collateral Agent’s sole duty with respect to the custody, safekeeping and physical
preservation of the Collateral in its possession, shall be to deal with it in the same manner as
the Canadian Collateral Agent deals with similar property for its own account. None of the Canadian
Collateral Agent or any other Secured Party nor any of their respective officers, directors,
employees or agents shall be liable for failure to demand, collect or realize upon any of the
Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise
dispose of any Collateral upon the request of the Grantor or any other Person or, except as
otherwise provided herein, to take any other action whatsoever with regard to the Collateral or any
part thereof. The powers conferred on the Canadian Collateral Agent and the other Secured Parties
hereunder are solely to protect the Canadian Collateral Agent’s and the other Secured Parties’
interests in the Collateral and shall not impose any duty
upon the Canadian Collateral Agent or any other Secured Party to exercise any such powers. The
Canadian Collateral Agent and the other Secured Parties shall be accountable only for amounts that
they actually receive as a result of the exercise of such powers, and neither they nor any of their
officers, directors, employees or agents shall be responsible to the Grantor for any act or failure
to act hereunder, except as otherwise provided herein or for their own gross negligence or wilful
misconduct.

            6.3 Financing Statements.

          Pursuant to any applicable law, the Grantor authorizes the Canadian Collateral Agent to file or
record financing statements, financing change statements and other filing or recording documents or
instruments with respect to the Grantor’s Collateral without the signature of the Grantor in such
form and in such offices as the Canadian Collateral Agent reasonably determine appropriate to
perfect the security interests of the Canadian Collateral Agent under this Agreement. The Grantor
authorizes the Canadian Collateral Agent to use any collateral description determined by the
Canadian Collateral Agent, including, without limitation, the
collateral description “all personal property” or “all assets” in any such financing statements or
financing change statements.

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            6.4 Authority of Canadian Collateral Agent.

          The Grantor acknowledges that the rights and responsibilities of the Canadian Collateral Agent
under this Agreement with respect to any action taken by the Canadian Collateral Agent or the
exercise or non-exercise by the Canadian Collateral Agent of any option, voting right, request,
judgment or other right or remedy provided for herein or resulting or arising out of this Agreement
or any amendment, supplement or other modification of this Agreement shall, as between the Canadian
Collateral Agent and the Secured Parties, be governed by the Credit Agreement and by such other
agreements with respect thereto as may exist from time to time among them, but, as between the
Canadian Collateral Agent and the Grantor, the Canadian Collateral Agent shall be conclusively
presumed to be acting as agent for the Secured Parties with full and valid authority so to act or
refrain from acting, and the Grantor shall not be under any obligation, or entitlement, to make any
inquiry respecting such authority.

            6.5 Right of Inspection.

          Upon reasonable written advance notice to the Grantor and as often as may reasonably be desired, or
at any time and from time to time after the occurrence and during the continuation of an Event of
Default, the Canadian Collateral Agent shall have reasonable access during normal business hours to
all the books, correspondence and records of the Grantor, and the Canadian Collateral Agent and
their respective representatives may examine the same, and to the extent reasonable take extracts
therefrom and make photocopies thereof, and the Grantor agrees to render to the Canadian Collateral
Agent at the Grantor’s reasonable cost and expense, such clerical and other assistance as may be
reasonably requested with regard thereto. The Canadian Collateral Agent and their respective
representatives shall also have the right, upon reasonable
advance written notice to the Grantor subject to any lease restrictions, to enter during normal
business hours into and upon any premises owned, leased or operated by the Grantor where any of the
Grantor’s Inventory or Equipment is located for the purpose of inspecting the same, observing its
use or otherwise protecting its interests therein.

SECTION 7 NON-LENDER SECURED PARTIES

            7.1 Rights to Collateral.

          (a) The Non-Lender Secured Parties shall not have any right whatsoever to do any of the following:
(i) exercise any rights or remedies with respect to the Collateral (such term, as used in this
Section 7, having the meaning assigned to it in the Credit Agreement), including, without
limitation, the right to (A) enforce any Liens or sell or otherwise foreclose on any portion of the
Collateral, (B) request any action, institute any proceedings, exercise any voting rights, give any
instructions, make any election, notify account debtors or make collections with respect to all or
any portion of the Collateral or (C) release the Grantor under this Agreement or release any
Collateral from the Liens of any Security Document or consent to or otherwise approve any such
release; (ii) demand, accept or obtain any Lien on any Collateral (except for Liens arising under,
and subject to the terms of, this Agreement); (iii) vote in any
Bankruptcy Case or similar proceeding in respect of Holdings or any of its Subsidiaries (any such
proceeding, for purposes of this clause (a), a “Bankruptcy”) with respect to, or take any
other actions concerning the Collateral; (iv) receive any proceeds from any sale, transfer or other

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disposition of any of the Collateral (except in accordance with this Agreement); (v) oppose any
sale, transfer or other disposition of the Collateral; (vi) object to any debtor-in-possession
financing in any Bankruptcy Case which is provided by one or more Lenders among others; (vii)
object to the use of cash collateral in respect of the Collateral in any Bankruptcy; or (viii)
seek, or object to the Lenders seeking on an equal and rateable basis, any adequate protection or
relief from the automatic stay with respect to the Collateral in any Bankruptcy.

          (b) Each Non-Lender Secured Party, by its acceptance of the benefits of this Agreement and the
other Security Documents, agrees that in exercising rights and remedies with respect to the
Collateral, the Canadian Collateral Agent and the Lenders, with the consent of the Canadian
Collateral Agent, may enforce the provisions of the Security Documents and exercise remedies
thereunder and under any other Loan Documents (or refrain from enforcing rights and exercising
remedies), all in such order and in such manner as they may determine in the exercise of their sole
business judgment. Such exercise and enforcement shall include, without limitation, the rights to
collect, sell, dispose of or otherwise realize upon all or any part of the Collateral, to incur
expenses in connection with such collection, sale, disposition or other realization and to exercise
all the rights and remedies of a secured lender under the PPSA of any applicable jurisdiction. The
Non-Lender Secured Parties hereby agree by their acceptance of the benefits of this Agreement and
the other Security Documents not to contest or otherwise challenge any such collection,
sale, disposition or other realization of or upon all or any of the Collateral. Whether or not a
Bankruptcy Case has been commenced, the Non-Lender Secured Parties shall be deemed to have
consented to any sale or other disposition of any property, business or assets of Holdings or any
of its Subsidiaries and the release of any or all of the Collateral from the Liens of any Security
Document in connection therewith.

          (c) Notwithstanding any provision of this subsection 7.1, the Non-Lender Secured Parties shall be
entitled to file any necessary responsive or defensive pleadings in opposition to any motion,
claim, adversary proceeding or other pleadings (A) in order to prevent any Person from seeking to
foreclose on the Collateral or supersede the Non-Lender Secured Parties’ claim thereto or (B) in
opposition to any motion, claim, adversary proceeding or other pleading made by any Person
objecting to or otherwise seeking the disallowance of the claims of the Non-Lender Secured Parties.

          (d) Each Non-Lender Secured Party, by its acceptance of the benefit of this Agreement, agrees that
the Canadian Collateral Agent and the Lenders may deal with the Collateral, including any exchange,
taking or release of Collateral, may change or increase the amount of the Obligations, and may
release the Grantor from its Obligations hereunder, all without any liability or obligation (except
as may be otherwise expressly provided herein) to the Non-Lender Secured Parties.

            7.2 Appointment of Agent.

          Each Non-Lender Secured Party, by its acceptance of the benefits of this Agreement and the other
Security Documents, shall be deemed irrevocably to make, constitute
and appoint the Canadian Collateral Agent as agent under the Credit Agreement (and all officers,
employees or agents designated by the Canadian Collateral Agent) as such Person’s true and lawful
agent and attorney-in-fact, and in such capacity, the Canadian Collateral Agent shall have

CANADIAN SECURITY AGREEMENT

- 34 -

 

the
right, with power of substitution for the Non-Lender Secured Parties and in each such Person’s name
or otherwise, to effectuate any sale, transfer or other disposition of the Collateral. It is
understood and agreed that the appointment of the Canadian Collateral Agent as the agent and
attorney-in-fact of the Non-Lender Secured Parties for the purposes set forth herein is coupled
with an interest and is irrevocable. It is understood and agreed that the Canadian Collateral Agent
has appointed the Canadian Administrative Agent as its agent for purposes of perfecting certain of
the security interests created hereunder and for otherwise carrying out certain of its obligations
hereunder.

            7.3 Waiver of Claims.

          To the maximum extent permitted by law, each Non-Lender Secured Party waives any claim it might
have against the Canadian Collateral Agent or the Lenders with respect to, or arising out of, any
action or failure to act or any error of judgment, negligence, or mistake or oversight whatsoever
on the part of the Canadian Collateral Agent or the Lenders or their respective directors,
officers, employees or agents with respect to any exercise of rights or remedies
under the Loan Documents or any transaction relating to the Collateral (including, without
limitation, any such exercise described in subsection 7.1(b) above), except for any such action or
failure to act which constitutes wilful misconduct or gross negligence of such Person. None of the
Canadian Collateral Agent or any Lender or any of their respective directors, officers, employees
or agents shall be liable for failure to demand, collect or realize upon any of the Collateral or
for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any
Collateral upon the request of Holdings, any Subsidiary of Holdings, any Non-Lender Secured Party
or any other Person or to take any other action or forbear from doing so whatsoever with regard to
the Collateral or any part thereof, except for any such action or failure to act which constitutes
wilful misconduct or gross negligence of such Person.

SECTION 8 MISCELLANEOUS

            8.1 Amendments in Writing.

          None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise
modified except by a written instrument executed by the Grantor and the Canadian Collateral Agent,
provided that (a) any provision of this Agreement imposing obligations on the Grantor may be waived
by the Canadian Collateral Agent in a written instrument executed by the Canadian Collateral Agent
and (b) notwithstanding anything to the contrary in subsection 11.1 of the Credit Agreement, no
such waiver and no such amendment or modification shall amend, modify or waive the definition of
“Secured Party” or subsection 5.5 if such waiver, amendment, or modification would adversely affect
a Secured Party without the written consent of each such affected Secured Party.

            8.2 Notices.

          All notices, requests and demands to or upon the Canadian Collateral Agent or the Grantor hereunder
shall be effected in the manner provided for in subsection 11.2 of the Credit Agreement; provided
that any such notice, request or demand to or upon the Grantor shall be addressed to the Grantor at
its notice address set forth on Schedule 1, unless and until the Grantor

CANADIAN SECURITY AGREEMENT

- 35 -

 

shall change such address
by notice to the Canadian Collateral Agent and the Canadian Administrative Agent given in
accordance with subsection 11.2 of the Credit Agreement.

            8.3 No Waiver by Course of Conduct; Cumulative Remedies.

          None of the Canadian Collateral Agent or any other Secured Party shall by any act (except by a
written instrument pursuant to subsection 8.1), delay, indulgence, omission or otherwise be deemed
to have waived any right or remedy hereunder or to have acquiesced in any Default or Event of
Default. No failure to exercise, nor any delay in exercising, on the part of the Canadian
Collateral Agent or any other Secured Party, any right, power or privilege hereunder shall operate
as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall
preclude any other or further exercise thereof or the exercise of any other right, power or
privilege. A waiver by the Canadian Collateral Agent or any other Secured Party of any right or
remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which
the Canadian Collateral Agent or such other Secured Party would otherwise have on any future
occasion. The rights and remedies herein provided are cumulative, may be exercised singly or
concurrently and are not exclusive of any other rights or remedies provided by law.

            8.4 Further Assurances.

          The Grantor will do all acts and things and execute and deliver, or cause to be executed and
delivered, all agreements, documents and instruments that the Collateral Agent may require,
including as a result of the coming into force of proposed legislation currently known as the
Securities Transfer Act (Ontario) (and similar legislation in the Provinces of Alberta and British
Columbia and other applicable jurisdictions), and take all further steps relating to the Collateral
or any other property or assets of the Grantor that the Collateral Agent may require for (i)
protecting the Collateral, (ii) perfecting the security interest, and (iii) exercising all powers,
authorities and discretions conferred upon the Canadian Collateral Agent. After the security
interest becomes enforceable, the Grantor will do all acts and things and execute and deliver all
documents and instruments that the Collateral Agent may require for facilitating the sale or other
disposition of the Collateral in connection with its realization.

            8.5 Enforcement Expenses.

          (a) The Grantor agrees to pay, and to save the Canadian Collateral Agent, the Canadian
Administrative Agent and the other Secured Parties harmless from, (x) any and all liabilities,
costs, losses and expenses of whatever kind with respect to, or resulting from any delay in paying,
any and all stamp, excise, sales or other similar taxes which may be payable or determined to be
payable with respect to any of the Collateral or in connection with any of the transactions
contemplated by this Agreement and (y) any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature
whatsoever with respect to the execution, delivery, enforcement, performance and
administration of this Agreement (collectively, the “indemnified liabilities”), in each
case to the extent the Parent Borrower would be required to do so pursuant to subsection 11.5 of
the Credit Agreement, and in any event excluding any taxes or other indemnified liabilities arising
from

CANADIAN SECURITY AGREEMENT

- 36 -

 

gross negligence or wilful misconduct of the Canadian Collateral Agent or any other Secured
Party.

          (b) The agreements in this subsection 8.5 shall survive repayment of
the Obligations and all other amounts payable under the Credit Agreement and the
other Loan Documents.

            8.6 Successors and Assigns.

          This Agreement shall be binding upon and shall enure to the benefit of
the Grantor, the Canadian Collateral Agent and the Secured Parties and their
respective successors and assigns; provided that the Grantor may not assign,
transfer or delegate any of its rights or obligations under this Agreement
without the prior written consent of the Canadian Collateral Agent.

            8.7 Counterparts.

          This Agreement may be executed by one or more of the parties to this
Agreement on any number of separate counterparts, and all of said counterparts
taken together shall be deemed to constitute one and the same instrument.

            8.8 Severability.

          Any provision of this Agreement which is prohibited or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent
of such prohibition or unenforceability without invalidating the remaining
provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction; provided that, with respect to any Pledged Stock issued by a
Subsidiary, all rights, powers and remedies provided in this Agreement may be
exercised only to the extent that they do not violate any provision of any law,
rule or regulation of any Governmental Authority applicable to any such Pledged
Stock or affecting the legality, validity or enforceability of any of the
provisions of this Agreement against the Grantor (such laws, rules or
regulations, “Applicable Law”) and are intended to be limited to the extent
necessary so that they will not render this Agreement invalid, unenforceable or
not entitled to be recorded, registered or filed under the provisions of any
Applicable Law.

            8.9 Section Headings.

          The Section headings used in this Agreement are for convenience of
reference only and are not to affect the construction hereof or be taken into
consideration in the interpretation hereof.

CANADIAN SECURITY AGREEMENT

- 37 -

 

            8.10 Integration.

          This Agreement and the other Loan Documents represent the entire
agreement of the Grantor, the Canadian Collateral Agent and the other Secured
Parties with respect to the subject matter hereof, and there are no promises,
undertakings, representations or warranties by the Grantor, the Canadian
Collateral Agent or any other Secured Party relative to subject matter hereof
not expressly set forth or referred to herein or in the other Loan Documents.

            8.11 Governing Law.

          This agreement and the rights and obligations of the parties under
this agreement shall be governed by, and construed and interpreted in accordance
with, the law of the Province of Ontario and the federal laws of Canada
applicable therein.

            8.12 Submission To Jurisdiction; Waivers.

          Each party hereto hereby irrevocably and unconditionally:

          (a) submits for itself and its property in any legal action or
proceeding relating to this Agreement and the other Loan Documents to which it
is a party, or for recognition and enforcement of any judgment in respect
thereof, to the non-exclusive general jurisdiction of the courts of the Province
of Ontario;

          (b) consents that any such action or proceeding may be brought in such
courts and waives any objection that it may now or hereafter have to the venue
of any such action or proceeding in any such court or that such action or
proceeding was brought in an inconvenient court and agrees not to plead or claim
the same;

          (c) agrees that service of process in any such action or proceeding
may be effected by mailing a copy thereof by registered or certified mail (or
any substantially similar form of mail), postage prepaid, to such party at its
address referred to in subsection 8.2 or at such other address of which the
Canadian Collateral Agent and the Canadian Administrative Agent (in the case of
any other party hereto) or the Parent Borrower (in the case of the Canadian
Collateral Agent and the Canadian Administrative Agent) shall have been notified
pursuant thereto;

          (d) agrees that nothing herein shall affect the right to effect
service of process in any other manner permitted by law or shall limit the right
to sue in any other jurisdiction; and

          (e) waives, to the maximum extent not prohibited by law, any right it
may have to claim or recover in any legal action or proceeding referred to in
this Section any consequential or punitive damages.

            8.13
Waiver Of Jury Trial.

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

CANADIAN SECURITY AGREEMENT

- 38 -

 

            8.14 Releases.

          (a) At such time as the Loans (including the face amount of all
outstanding Bankers’ Acceptance Loans), the Reimbursement Obligations and the
other Obligations (other than any Obligations owing to a Non-Lender Secured
Party in respect of the provision of cash management services) then due and
owing, in each case, shall have been paid in full, the Commitments have been
terminated and no Letters of Credit shall be outstanding, all Collateral shall
be released from the Liens created hereby, and this Agreement and all
obligations (other than those expressly stated to survive such termination) of
the Canadian Collateral Agent and the Grantor hereunder shall terminate, all
without delivery of any instrument or performance of any act by any party, and
all rights to the Collateral shall revert to the Grantor. At the request and
sole expense of the Grantor following any such termination, the Canadian
Collateral Agent shall deliver to the Grantor any Collateral held by the
Canadian Collateral Agent hereunder, and execute and deliver to the Grantor such
documents (including without limitation, PPSA financing change statements and
discharges) as the Grantor shall reasonably request to evidence such
termination.

          (b) In connection with any sale or other disposition of Collateral
permitted by the Credit Agreement (other than any sale or disposition to another
Grantor), the Lien pursuant to this Agreement on such sold or disposed of
Collateral shall be automatically released. In connection with the sale or other
disposition of all of the Capital Stock of the Grantor (other than to Holdings,
the Parent Borrower or a Subsidiary of either) or the sale or other disposition
of Collateral (other than a sale or disposition to another Grantor) permitted
under the Credit Agreement, the Canadian Collateral Agent shall, upon receipt
from the Parent Borrower of a written request for the release of the Grantor
from its Guarantee, if applicable, or the release of the Collateral subject to
such sale or other disposition, identifying the Grantor or the relevant
Collateral and the terms of the sale or other disposition in reasonable detail,
including the price thereof and any expenses in connection therewith, together
with a certification by the Parent Borrower stating that such transaction is in
compliance with the Credit Agreement and the other Loan Documents, execute and
deliver to the Grantor (at the sole cost and expense of the Grantor and without
representation or warranty of any kind) all releases or other documents
(including without limitation, PPSA financing change statements or discharges)
necessary or reasonably desirable for the release of such Guarantee or the Liens
created hereby on such Collateral, as applicable, as the Grantor may reasonably
request.

            8.15 Judgment Currency.

          (a) The obligations of the Grantor hereunder and under the other Loan
Documents to make payments in Dollars or in Canadian Dollars, as the case may be
(for the purposes of this Section 8.15, the “Obligation Currency”), shall not be
discharged or satisfied by any tender or recovery pursuant to any judgment
expressed in or converted into any currency other than the Obligation Currency,
except to the extent that such tender or recovery results in the effective
receipt by the Canadian Collateral Agent or a Lender of the full amount of the
Obligation Currency expressed to be payable to the Canadian Collateral Agent or
a Lender under this Agreement or the other Loan Documents. If, for the purpose
of obtaining or enforcing judgment against the Grantor or any other Loan Party
in any court or in any jurisdiction, it becomes necessary to convert into or from any currency
other than the Obligation Currency (for

CANADIAN SECURITY AGREEMENT

- 39 -

 

the purposes of this Section 8.15, such other currency being
hereinafter referred to as the “Judgment Currency”) an amount due in the
Obligation Currency, the conversion shall be made, at the rate of exchange
prevailing, in each case, as of the date immediately preceding the day on which
the judgment is given (for the purposes of this Section 8.15, such Business Day
being hereinafter referred to as the “Judgment Currency Conversion Date”).

          (b) If there is a change in the rate of exchange prevailing between
the Judgment Currency Conversion Date and the date of actual payment of the
amount due, the Grantor covenants and agrees to pay, or cause to be paid, such
additional amounts, if any (but in any event not a lesser amount), as may be
necessary to ensure that the amount paid in the Judgment Currency, when
converted at the rate of exchange prevailing on the date of payment, will
produce the amount of the Obligation Currency which could have been purchased
with the amount of Judgment Currency stipulated in the judgment or judicial
award at the rate of exchange prevailing on the Judgment Currency Conversion
Date.

          (c) For purposes of determining the prevailing rate of exchange, such
amounts shall include any premium and costs payable in connection with the
purchase of the Obligation Currency.

            8.16 Attachment of Security Interest.

          The security interest created hereby is intended to attach, in respect
of Collateral in which the Grantor has rights at the time this Agreement is
signed by the Grantor and delivered to the Canadian Collateral Agent and, in
respect of Collateral in which the Grantor subsequently acquires rights, at the
time the Grantor subsequently acquires such rights. The Grantor acknowledges and
confirms that the Canadian Collateral Agent and the Lenders have given value to
the Grantors.

            8.17
Copy of Agreement; Verification Statement.

          The Grantor hereby acknowledges receipt of a signed copy of this
Agreement and hereby waives the requirement to be provided with a copy of any
verification statement issued in respect of a financing statement or financing
change statement filed under the PPSA in connection with this Agreement to
perfect the security interest created herein.

            8.18 Amalgamation.

          The Grantor acknowledges and agrees that, in the event it amalgamates
with any other company or companies, it is the intention of the parties hereto
that the term “Grantor” when used herein, shall apply to each of the
amalgamating corporations and to the amalgamated corporation, such that the lien
granted hereby:

          (a) shall extend to Collateral owned by each of the amalgamating
corporations and the amalgamated corporations at the time of amalgamation and to
any Collateral thereafter owned or acquired by the amalgamated corporation, and

          (b) shall secure all Obligations of each of the amalgamating
corporations and the amalgamated corporations to the Canadian Collateral Agent
and the Secured Parties at the time

CANADIAN SECURITY AGREEMENT

- 40 -

 

of amalgamation and all Obligations of the
amalgamated corporation to the Canadian Collateral Agent and the Secured Parties
thereafter arising. The Lien shall attach to all Collateral owned by each
corporation amalgamating with the Grantor, and by the amalgamated corporation,
at the time of the amalgamation, and shall attach to all Collateral thereafter
owned or acquired by the amalgamated corporation when such becomes owned or is acquired.

          8.19 Language.The parties hereto confirm that it is their wish that
this Agreement, as well as any other documents relating to this Agreement,
including notices, schedules and authorizations, have been and shall be drawn up
in the English language only. Les signataires conferment leur
volonté que la
présente convention, de méme que tous les documents s’y rattachant, y compris
tout avis, annexe et autorisation, soient rédigés en anglais seulement.

[Remainder of page left blank intentionally; Signature page to follow.]

CANADIAN SECURITY AGREEMENT

- 41 -

 

IN WITNESS WHEREOF, the undersigned has caused this Security Agreement to be
duly executed and delivered as of the date first above written.

	 	 	 	 	 
	 	RENTAL SERVICE CORPORATION OF

CANADA LTD.

 	 
	 	By:  	 	 
	 	 	  Name:  	   	 
	 	 	  Title:  	   	 
	 

CANADIAN SECURITY AGREEMENT

- 42 -

 

Acknowledged and Agreed to as

of the date hereof by:

	 	 	 	 	 
	DEUTSCHE BANK AG, CANADA	 	 
	BRANCH, as Canadian Collateral Agent	 	 
	By:
	 	 	 	 
	 

	 	 

  Name:
	 	    
	 

	 	  Title:	 	 

     CANADIAN SECURITY AGREEMENT

- 43 -

 

SCHEDULE 1

NOTICE ADDRESSES OF GRANTOR

2181 Premier Way #244, Sherwood Park, Alberta, Canada T8H 2V1

With a copy to each of:

RENTAL SERVICE CORPORATION

6929 East Greenway Parkway

Scottsdale, Arizona 85254

Attention: Kevin Loughlin, Vice President and Treasurer

Facsimile: (281) 647-5002

Telephone: (281) 647-2412

Ripplewood Holdings, L.L.C.

1 Rockefeller Plaza,
32nd Floor

New York, New York 10020

Attention: Christopher P. Minnetian, Esq.

Facsimile: (212) 218-2778

Telephone: (212) 582-6700

Oak Hill Capital Management, LLC

65 East
55th
Street,
36th Floor

New York, New York 10022

Attention: John R. Monsky, Esq.

Facsimile: (212) 758-3572

Telephone: (212) 326-1590

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

Attention: Paul D. Brusiloff, Esq.

Facsimile: (212) 521-7015

Telephone: (212) 909-6015

CANADIAN SECURITY AGREEMENT

 

 

SCHEDULE 2

PLEDGED SECURITIES

Pledged Stock:

Nil.

Pledged Notes:

Nil.

Canadian
Security Agreement

 

 

SCHEDULE 3

PERFECTION MATTERS

Existing Security Interests

Rental Service Corporation of Canada Ltd.:

	 	 	 	 	 	 	 
	 	 	 	 	File No. and	 	 
		 	 	 	Registration No./	 	
	Jurisdiction	 	Secured Party	 	Date of Registration	 	Collateral Description
	Saskatchewan

	 	Dynaventure Corp.
	 	Registration Date: 30
Apr. 2004
 

Registration
#:
120723394
	 	1-ISDN BRI Line Cartridge (NT7B87GA93)
1 — ISDN Clockcartridge (NNTM8456DL9M)
1-MICS 6.1 Software Upgrade 1-Call
Pilot 100 Voice Mail System (NTAB9916)
	 
	 	 	 	 	 	 
	Saskatchewan

	 	Telecom Leasing Canada
(TLC) Limited
	 	Registration Date: 07
Dec. 2000
 

Registration
#:
115841226
	 	Telecommunications Equipment Lease
#8000203 Proceeds: Goods, Securities,
Instruments, Documents of Title,
Chattel Paper, Intangibles and Money
	 
	 	 	 	 	 	 
	Alberta

	 	Ikon Office Solutions,
Inc.
	 	Registration #:
04060935246
 

Registration
Date: 09
June 2004
	 	MRU05068 IR201OF Canon Digital Copier
	 
	 	 	 	 	 	 
	Alberta

	 	Ikon Office Solutions,
Inc.
	 	Registration #:
04060935261
 

Registration
Date: 09
June 2004
	 	MRU05067 IR201OF Canon Digital Copier
	 
	 	 	 	 	 	 
	Alberta

	 	De Lage Landen Financial

Services Canada (CAD)
	 	Registration Number:
06071810532
 

Registration
Date: 18
July 2006
	 	Commission — Residualized,

Telecom
	 
	 	 	 	 	 	 
	Alberta

	 	IOS Financial Services
	 	Registration #:
06101900998
 

Registration
Date: 19
Oct. 2006
	 	All goods which are photocopiers,
photocopying machines and duplication
devices, together with all
replacements and substitutions thereof
and all parts, accessories, accessions
and attachments thereto and all
proceeds which are accounts, goods,
chattel paper, securities, documents
of

Canadian
Security Agreement

 

 

	 	 	 	 	 	 	 
	 	 	 	 	File No. and	 	 
		 	 	 	Registration No./	 	
	Jurisdiction	 	Secured Party	 	Date of Registration	 	Collateral Description
	 

	 	 	 	 	 	title, instruments, money,
intangibles, crops or insurance
proceeds (Reference Lease No.
4312113015).
	 
	 	 	 	 	 	 
	Alberta

	 	Bobcat of Edmonton
	 	Registration #
06112315764
 

Registration
Date:
	 	Bobcat 863 2003 (Motor Vehicle
515452274) for $25,132.39.
	 

	 	 	 	November 23, 2006	 	 
	 
	 	 	 	 	 	 
	Alberta

	 	Bobcat of Edmonton
	 	Registration #
06112315228
 

Registration
Date:
	 	Bobcat S220 (Motor Vehicle 530712436)
for $2,612.59.
	 

	 	 	 	November 23, 2006	 	 

PPSA Filings

	 	 	 	 	 	 	 
	Grantor	 	Province	 	Registration No.	 	Date of Registration
	Rental Service Corporation of Canada Ltd.

	 	British Columbia
	 	Base Reg. #:
366806D

Control #: B7699936
	 	November 23, 2006
	 
	 	 	 	 	 	 
	Rental Service Corporation of Canada Ltd.

	 	Alberta
	 	Registration #:

06112323065
	 	November 23, 2006
	 
	 	 	 	 	 	 
	Rental Service Corporation of Canada Ltd.

	 	Saskatchewan
	 	Registration #:

300107772
	 	November 23, 2006
	 
	 	 	 	 	 	 
	Rental Service Corporation of Canada Ltd.

	 	Ontario
	 	REGISTRATION NO.
20061123 1450 1590
5778
 

FILE
NO. 630840933
	 	November 23, 2006

Intellectual Property Filings

Canadian
Security Agreement

 

 

SCHEDULE 4

LOCATIONS

	 	 	 	 	 
	 	 	Location of	 	 
	Granting Party	 	Organization	 	Chief Executive Office
	Rental Service Corporation of Canada

	 	Alberta
	 	244, 2181 Premier Way, 

Sherwood Park, AB T8H 2V1

Locations of Collateral

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	4915 101st Avenue

	 	Edmonton
	 	AB
	 	T6A-0L6
	 
	 	 	 	 	 	 
	5518 50th Avenue

	 	Bonnyville
	 	AB
	 	T9N-2K8
	 
	 	 	 	 	 	 
	15730 118th Avenue

	 	Edmonton
	 	AB
	 	T5V-1C4
	 
	 	 	 	 	 	 
	275 MacAlpine Crescent

	 	Fort McMurray
	 	AB
	 	T9H 4Y4
	 
	 	 	 	 	 	 
	265 MacAlpine Crescent

	 	Fort McMurray
	 	AB
	 	T9H 4Y4
	 
	 	 	 	 	 	 
	244, 2181 Premier Way

	 	Sherwood Park
	 	AB
	 	T8H 2V1
	 
	 	 	 	 	 	 
	3639 8th Street SE

	 	Calgary
	 	AB
	 	T2G 3A5
	 
	 	 	 	 	 	 
	6734 — 65th Avenue

	 	Red Deer
	 	AB
	 	T4P 1A5
	 
	 	 	 	 	 	 
	3915 38th Street

	 	Whitecourt
	 	AB
	 	T7S-1P1
	 
	 	 	 	 	 	 
	2230-9th Avenue

	 	Medicine Hat
	 	AB
	 	T1A 8E9
	 
	 	 	 	 	 	 
	1405 33 Street N.

	 	Lethbridge
	 	AB
	 	TAH 5H2
	 
	 	 	 	 	 	 
	5114 62nd Street

	 	Lloydminster
	 	AB
	 	T9V 2E4
	 
	 	 	 	 	 	 
	6205 51st Avenue

	 	Lloydminster
	 	AB
	 	T9V 2E4
	 
	 	 	 	 	 	 
	275 Macalpine Crescent

	 	Ft. McMurray
	 	AB
	 	T9H 4Y4
	 
	 	 	 	 	 	 
	705 Laval Crescent

	 	Kamloops
	 	BC
	 	V2C 5P2
	 
	 	 	 	 	 	 
	1375 Vernon Drive

	 	Vancouver
	 	BC
	 	V6A 3C4

Canadian
Security Agreement

 

 

	 	 	 	 	 	 	 
	Address	 	City	 	State	 	Zip Code
	1905 Merivale Road

	 	Nepean
	 	ON
	 	K2G 1E7
	 
	 	 	 	 	 	 
	47 Cardico Drive, Unit 2

	 	Gormley
	 	ON
	 	L0H 1G0
	 
	 	 	 	 	 	 
	396 McGregor Road, Unit A

	 	Sarnia
	 	ON
	 	N7T 7H5
	 
	 	 	 	 	 	 
	5888 Shawson Drive

	 	Mississauga
	 	ON
	 	L4W 3W5
	 
	 	 	 	 	 	 
	2921 Millar Avenue

	 	Saskatoon
	 	SK
	 	S7K-6P6
	 
	 	 	 	 	 	 
	235 McDonald St. North

	 	Regina
	 	SK
	 	S4N-5W2
	 
	 	 	 	 	 	 
	59 17th Street West

	 	Prince Albert
	 	SK
	 	S6V-3X2
	 
	 	 	 	 	 	 
	850 High Street

	 	Moose Jaw
	 	SK
	 	S6H 1T9

Canadian
Security Agreement

 

 

SCHEDULE 5

INTELLECTUAL PROPERTY

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status
	BRAND ON COMMAND

	 	 	1300003	 	 	May 2, 2006
	 	 	 	 	 	Pending-Formalized on May 03,
2006
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RENTALEX

	 	 	0412451	 	 	7/7/1977
	 	TMA230212
	 	September 8, 1978
	 	Registered-Change of Title on
4/17/2001
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RENTEX

	 	 	0638662	 	 	8/29/1989
	 	TMA395438
	 	March 13, 1992
	 	Registered-Change of Title on
4/17/2001
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC

	 	 	1283822	 	 	12/20/2005
	 	 	 	 	 	Formalized 12/21/05
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC AND DESIGN

	 	 	11043072	 	 	1/18/2000
	 	TMA549606
	 	8/9/2001
	 	Renewal Due 8/9/16
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC AND DESIGN

	 	 	11043071	 	 	1/18/2000
	 	TMA559835
	 	4/3/2002
	 	Renewal Due 4/3/17
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC EQUIPMENT RENTAL

	 	 	1238456	 	 	11/24/2004
	 	 	 	 	 	Allowed 12/21/05
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC RENTAL SERVICE

	 	 	104306	 	 	1/18/2000
	 	TMA558532
	 	2/26/2002
	 	Renewal Due 2/26/17
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC RENTAL SERVICE CORPOR-ATION

	 	 	1043069	 	 	1/18/2000
	 	TMA560422
	 	4/19/2002
	 	Renewal Due 4/19/17
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RSC’S BRAND ON COMMAND

	 	 	1300011	 	 	May 2, 2006
	 	 	 	 	 	Pending-Formalized on May 03,
2006

Canadian
Security Agreement

 

 

SCHEDULE 6

CONTRACTS

Nil.

Canadian
Security Agreement

 

 

ANNEX 1

to

Canadian Security Agreement

FORM OF CONFIRMATION OF SECURITY INTEREST

IN INTELLECTUAL PROPERTY

WHEREAS:

Rental
Service Corporation of Canada Ltd. (the “Debtor”), a corporation incorporated and existing
under the laws of Alberta with offices at [address], is the owner of the
[trade-marks/patents/copyrights/industrial designs] set forth in Exhibit A hereto, the
registrations and applications for the [trade-marks/patents/copyrights/industrial designs]
identified therein and the underlying goodwill associated with such
[trade-marks/patents/copyrights/industrial designs] (collectively, the “[Trade-Marks/
Patents/Copyrights/Industrial Designs]”); and

Deutsche Bank AG, Canada Branch, as agent for certain lenders (the “Canadian Collateral Agent”),
with offices at [address], has entered into an agreement with the Debtor, as reflected by a
separate document entitled the “Security Agreement” dated as of the [l] day of November, 2006 by
which the Debtor granted to the Canadian Collateral Agent, a security interest in certain property,
including the [Trade-Marks/Patents/Copyrights/ Industrial Designs], in consideration of the
provision of certain credit facilities to certain companies which are the wholly-owned subsidiaries
of the Debtor;

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
acknowledged and in accordance with the terms and obligations set forth in the Security Agreement,
the Debtor confirms the grant to the Canadian Collateral Agent of a security interest in and to
the [Trade-Marks/Patents/Copyrights/Industrial Designs].

DATED on this [l] day of [l], [l].

	 	 	 	 	 	 	 
	 	 	RENTAL SERVICE CORPORATION OF CANADA LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	Per:	 	 	 	 
	 

	 	 	 	 

Authorized Signing Officer
	 	 

DATED on this [l] day of [l],[l], before me appeared and the person who signed this
instrument, who acknowledged that [he/she] signed it as a free act on [his/her] behalf or on
behalf of the corporation identified and referred to herein as the Debtor.

                                                                               

[Signature of Notary Public/Witness]

Canadian
Security Agreement

 

 

EXHIBIT A

TRADE-MARKS/PATENTS/COPYRIGHTS/INDUSTRIAL DESIGNS

Canadian
Security Agreement

 

 

EXECUTION VERSION

EXHIBIT H

FORM OF CLOSING CERTIFICATE

     I, the undersigned, [Secretary/Assistant Secretary] of [Name of Credit Agreement Party], a
[corporation] [limited liability company] organized and existing under the laws of the
[State of [                    ]] [Province of [                    ]] (the “Company”), [which corporation constitutes the
general partner of                     , a                     [general] [limited] partnership (the “Partnership”),] [which
corporation constitutes the managing member of ____ ,
a  ________ limited liability company
(the “Limited Liability Company”),] do hereby certify, solely in my capacity as an officer of the
Company and not in my individual capacity, on behalf of the Company [, as the general partner of
the Partnership] [, as the managing member of the Limited Liability Company], that:

     1. This Certificate is furnished pursuant to the Credit Agreement, dated as of
November                     , 2006, among the Company, [RSC HOLDINGS II, LLC,] [RSC HOLDINGS III,
LLC,] [RENTAL SERVICE CORPORATION,] [RENTAL SERVICE CORPORATION OF
CANADA LTD.,] the various banks and other financial institutions from time to time parties
thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and
U.S. collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian
administrative agent and Canadian collateral agent, and CITICORP NORTH AMERICA, INC.,
as syndication agent, (such Credit Agreement, as in effect on the date of this Certificate,
being herein called the “Credit Agreement”). Unless otherwise defined herein, capitalized terms used
in this Certificate shall have the meanings set forth in the Credit Agreement.

     2. Attached hereto as Exhibit B is a complete and correct copy of the
[Certificate of Incorporation of the Company] [Certificate of Partnership of the Partnership]
[Certificate of Formation of the Limited Liability Company], as filed in the Office of the
Secretary of State of the State of                     on                                          ,        
             , together with all amendments
thereto adopted through the date hereof.

     3. Attached hereto as Exhibit C is a [complete and correct copy of the By-Laws of the Company which were duly adopted and are in full force and effect on the date
hereof] [certified copy of the [Partnership Agreement of the Partnership] [Limited Liability
Company Agreement of the Limited Liability Company] together with all amendments thereto
adopted through the date hereof.

     4. Attached hereto as Exhibit D is a complete and correct copy of resolutions
which were duly adopted on                                         ,                      [by unanimous written consent of the Board of
Directors of the Company], and said resolutions have not been rescinded, amended or modified.
Except as attached hereto as Exhibit D, no resolutions have been adopted by the Board of Directors
of the Company which directly deal with the execution, delivery or performance of any of the Loan
Documents to which the Company[, as the general partner of the Partnership,] [, as the managing
member of the Limited Liability Company,] is a party.

     The following persons are duly elected or appointed officers of the Company, and each holds
the office of the Company set forth opposite their name. The signatures written opposite the name
and title of each such officer are their genuine signatures:

 

 

Exhibit H

	 	 	 	 	 	 	 
	Name1	 	Office	 	Signature	 	 
	 
	 	 	 	 	 	 
	 

	 	 

	 	 

	 	 
	 

	 	 

	 	 

	 	 
	 

	 	 

	 	 

	 	 

     IN WITNESS WHEREOF, I have hereunto set my hand this                      day of                     ,         
            .

	 	 	 	 	 
	 	[NAME OF CREDIT PARTY]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	[Secretary/Assistant Secretary] 	 
	 

     I, the undersigned, [Chairman/Vice-Chairman/President/Vice-President] of the Company, do
hereby certify, solely in my capacity as an officer of the Company and not in my individual
capacity, on behalf of the Company[, as general partner of the Partnership,] [, as the managing
member of the Limited Liability Company,] that:

     1. [Name of Person making above certifications] is the duly elected and
qualified [Secretary/Assistant Secretary] of the Company
and the signature above is [his] [her] genuine signature.

     2. The certifications made by [name of Person making above certifications]
on behalf of the Company in Items 2, 3 and 4 above are true and correct.

     IN WITNESS WHEREOF, I have hereunto set my hand this                      day of                     ,          
          .

	 	 	 	 	 
	 	[NAME OF CREDIT PARTY]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

			
	1	 	Include name, office and signature of each officer who will sign any Credit
Document on behalf of the Company[, as general partner of the Partnership] [, as the
managing member of the Limited Liability Company], including the officer who will sign the
certification at the end of this Certificate or related documentation.

 

 

EXECUTION VERSION

EXHIBIT I

FORM OF BORROWING CERTIFICATE

RSC HOLDINGS III, LLC

November                     ,2006

     Pursuant
to subsection 6.1(m) of the Credit Agreement, dated as of November
________ ,
2006 (the “Credit Agreement”; terms defined therein being used herein as therein defined), among
RSC HOLDINGS II, LLC, a Delaware limited liability company (“Holdings”). RSC HOLDINGS III, LLC, a
Delaware limited liability company (the “Parent Borrower”), RENTAL SERVICE CORPORATION, RENTAL
SERVICE CORPORATION OF CANADA LTD., the several banks and other financial institutions from time to
time parties thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and U.S.
collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and Canadian
collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent, each of the undersigned
hereby certifies, on behalf of the Parent Borrower, that:

     1. The representations and warranties made by each Credit Agreement Party pursuant to the
Credit Agreement or any other Loan Documents to which it is a party (other than,
in the case of the initial Extension of Credit under the Credit Agreement only, the
representation and warranty set forth in clause (a) of subsection 5.2), and each of the representations and
warranties contained in any certificate furnished at any time by or on behalf of any Credit
Agreement Party pursuant to the Credit Agreement or any other Loan Documents shall, except to
the extent that they relate to a particular date, be true and correct in all material respects
on and as of such date as if made on and as of such date; and

     2. No Default or Event of Default has occurred and is continuing as of the date
hereof or after giving effect to the Extensions of Credit to be made on the date hereof and/or
the issuance of any Letters of Credit to be issued on the date hereof; provided that, with
respect to the initial Extension of Credit hereunder, no Default or Event of Default resulting from the
failure to provide any collateral of the type described in the proviso at the end of
subsections 6.1(j)(i) or (ii) of the Credit Agreement shall constitute a Default or an Event of Default
for the purposes of this clause 2.

 

 

     IN WITNESS WHEREOF, the undersigned have hereunto set our names as of the date first set forth
above.

	 	 	 	 	 
	RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

 

EXECUTION VERSION

EXHIBIT J 

FORM OF 

BORROWING BASE CERTIFICATE

                     , 200_

     As of the last Business Day of the Fiscal Period ending                            
, 200__ (the
“Determination Date”)

     
I,                                          , the                                       of RSC HOLDINGS III, LLC, a
Delaware limited liability company (the “Parent Borrower”), hereby certify to the Agents in
my representative capacity on behalf of the Parent Borrower and the other Loan Parties and
not in my individual capacity that, to the best of my knowledge and belief, with respect to
that certain Credit
Agreement dated as November [__], 2006, among RSC HOLDINGS II, LLC, the Parent Borrower,
RENTAL SERVICE CORPORATION (“RSC”), RENTAL SERVICE CORPORATION OF CANADA LTD. (together
with the Parent Borrower, RSC, and each entity that becomes a Borrower pursuant to
subsection 7.9 of the Credit Agreement, the “Borrowers” and each, a “Borrower”), the
several banks and financial institutions from time to time parties thereto, DEUTSCHE BANK
AG, NEW YORK BRANCH, as U.S. administrative agent and U.S. collateral agent (the “U.S.
Collateral Agent”), DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent
and Canadian collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent
(including all annexes, exhibits and schedules thereto and as amended, restated,
supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized
terms that are not defined herein have the meanings ascribed to such terms in the Credit
Agreement).

     With reference to this Borrowing Base Certificate, the Parent Borrower hereby
certifies that the statements and calculations of the Total Borrowing Base, the U.S.
Borrowing Base and the Canadian Borrowing Base set forth collectively on Annex A
hereto are true and correct as of the Determination Date and that such calculations have
been made in accordance with the requirements of the Credit Agreement.

[SIGNATURE PAGE TO FOLLOW]

 

 

IN WITNESS WHEREOF, the undersigned has caused this Borrowing Base Certificate to be executed and
delivered on the date first written above.

	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS III, LLC,

as Parent Borrower	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

 

 

EXECUTION VERSION

EXHIBIT K

 FORM OF BORROWER JOINDER AGREEMENT

_________, 200_

     THIS JOINDER IN CREDIT AGREEMENT (this “Joinder”) is executed as of
[
                    
], 20[__] by [Domestic Subsidiary] [Canadian Subsidiary] [Canadian Finco], a
[                      ] [corporation] [other applicable entity] (the “Joining Party”), and delivered to
DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. Administrative Agent (in such capacity, the “U.S.
Administrative Agent”). Except as otherwise defined herein, terms used herein and defined in the
Credit Agreement (as defined below) shall be used herein as therein defined.

W I T N E S S E T H:

     WHEREAS,
RSC Holdings II, LLC (“Holdings”), RSC Holdings III,
LLC (the “Parent Borrower”),
Rental Service Corporation (“RSC”, and together with the Parent Borrower, the “U.S. Borrowers”),
Rental Service Corporation of Canada Ltd. (the “Canadian
Borrower”, and together with the U.S.
Borrowers, the “Borrowers” and each, a “Borrower”), the lenders party thereto from time to time
(the “Lenders”), the several banks and other financial institutions from time to time parties
thereto, Deutsche Bank AG, New York Branch, as U.S. administrative agent and U.S. collateral agent
for the Lenders hereunder (in such capacities, respectively, the “U.S. Administrative
Agent” and the “U.S. Collateral Agent”), Deutsche Bank AG, Canada Branch, as Canadian
administrative agent and Canadian collateral agent for the Lenders hereunder (in such capacities,
respectively, the “Canadian Administrative Agent”
and the “Canadian Collateral Agent”),
Citicorp North America, Inc., as Syndication Agent, Bank of America, N.A., Lasalle Business Credit
and Wachovia Capital Finance Corporation, as Co-Documentation Agents (as same may be amended or
modified from time to time in accordance with the terms thereof, the “Credit Agreement”), providing
for the making of revolving loans to the Borrowers, and the issuance of, and participation in,
letters of credit for the account of the Borrowers as provided therein;

     WHEREAS, the Joining Party desires to become a Borrower;

     NOW, THEREFORE, in consideration of the foregoing and other benefits accruing to the Joining
Party, the receipt and sufficiency of which are hereby acknowledged, the Joining Party hereby
makes the following representations and warranties to the Lenders and hereby covenants and agrees
with each Lender as follows:

     NOW, THEREFORE, the Joining Party agrees as follows:

 

 

Exhibit K

Page 2

          1.
By this Joinder, the Joining Party becomes a [U.S. Borrower] [Canadian Borrower]
[Borrower]1 for all purposes under the Credit Agreement pursuant to subsection
7.9 thereof, and hereby expressly [and jointly and severally (with each other [U.S.]
[Canadian]Borrower)]2 assumes all obligations and liabilities of a [U.S. Borrower]
[Canadian Borrower]thereunder. The Joining Party hereby further acknowledges, agrees and confirms
that, by its execution and delivery of this Joinder, it shall further be fully bound by, and subject
to, all of the covenants, terms, obligations (including, without limitation, all payment
obligations) and conditions of the Credit Agreement which are applicable to it in its capacity as a
Borrower as though originally party thereto as a Borrower. By its signature below, each of the
Joining Party, the U.S. Collateral Agent, the Canadian Collateral Agent, the U.S. Administrative
Agent, the Canadian Administrative Agent and (by their acceptance of the benefits hereof) each of
the Secured Parties hereby agrees and consents to the Joining Party becoming bound by, and
subject to, the terms and conditions of the Credit Agreement as provided herein and therein, and
agrees and acknowledges that, from and after the Effective Date (as defined below), the Joining
Party shall be afforded the benefits of the Credit Agreement, in accordance with the terms
and conditions thereof as provided herein, in each case as fully and the same as if the Joining
Party was originally party thereto as a Borrower. The Joining Party acknowledges and confirms that
it has received a copy of the Credit Agreement, the other Loan
Documents and all exhibits thereto and
has reviewed and understands all of the terms and provisions thereof.

          2. The Joining Party, as of the date hereof, hereby:

     (a)
makes to the Lenders each of the representations and warranties contained in Section
5 of the Credit Agreement applicable to a Credit Agreement Party; and

     (b)
represents and warrants that no event has occurred and no condition exists that,
upon the execution and delivery of this Joinder, would constitute a
Default or an Event of
Default.

          3.
This Joinder shall be binding upon the parties hereto and their respective successors and
assigns and shall inure to the benefit of and be enforceable by each
of the parties hereto and its
successors and assigns, provided, however, the Joining Party
may not assign any of its
rights, obligations or interest hereunder or under any other Loan
Document without the prior written
consent of the Lenders or as otherwise permitted by the Loan Documents. THIS JOINDER SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
This Joinder may be executed in any number of counterparts, each of which shall be an original, but
all of which shall constitute one instrument. In the event that any provision of this Joinder shall
prove to be

 

			
	1	 	Use this alternative in the event this Joinder is executed and delivered by Canadian
Finco.
	 
	2	 	Bracketed language to be included in any Borrower Joinder Agreement executed by a
U.S. Borrower or Canadian Borrower, but not Canadian Finco.

 

 

Exhibit K

Page 3

invalid or unenforceable, such provision shall be deemed to be severable from the other provisions
of this Joinder which shall remain binding on all parties hereto.

          4. From and after the execution and delivery hereof by the parties hereto, thisJoinder shall
constitute a “Loan Document” for all purposes of the Credit
Agreement and the other Loan Documents.

          5.
This Joinder shall become effective on the date (the
“Effective Date”) when each of the
following conditions shall have been satisfied:

     (i) the Joining Party, each Credit Agreement Party, the U.S. Collateral Agent, the U.S.
Administrative Agent, the Canadian Collateral Agent and the Canadian Administrative Agent
shall have signed a counterpart hereof (whether the same or different counterparts) and
shall have delivered (including by way of facsimile transmission) the same to the U.S.
Administrative Agent;

     [(ii) the U.S. Collateral Agent, the U.S. Administrative Agent, the Canadian Collateral
Agent and the Canadian Administrative Agent, as applicable, shall have received, to the
extent required pursuant to subsection 7.9 of the Credit Agreement, from the Joining Party
and its Wholly Owned Subsidiaries a counterpart of the U.S. Guarantee and Collateral
Agreement and/or a Canadian Security Agreement and Canadian Guarantee Agreement, as
applicable (or, in each case, a joinder agreement, in form and substance satisfactory to the
U.S. Collateral Agent, the U.S. Administrative Agent, the Canadian Collateral Agent and the
Canadian Administrative Agent), and such other additional security documents as the U.S.
Administrative Agent or the Canadian Administrative Agent may require pursuant to subsection
7.9 of the Credit Agreement]3;

     [(ii)] [(iii)] the U.S. Collateral Agent, the U.S. Administrative Agent, the Canadian
Collateral Agent and the Canadian Administrative Agent, as applicable, shall, to the extent
reasonably requested, have received all other relevant documentation (including opinions of
counsel, resolutions, officers’ certificates, [PPSAs and UCC financing
statements]4) of the type described in Section 6 of the Credit Agreement as the
Joining Party or its Subsidiaries would have had to deliver if it were a Credit Agreement
Party on the Borrowing Date;] and

     [(iii)] [iv] the Borrowers shall have paid to the U.S. Administrative Agent, the
Canadian Administrative Agent, as applicable, and the Lenders all fees, costs and expenses
(including, without limitation, legal fees and expenses) payable to the U.S.

 

			
	3	 	Clause (ii) is to be included in any Borrower Joinder Agreement executed by a U.S.
Borrower or Canadian Borrower.
	 
	4	 	Insert in any Joinder other than the Joinder executed and delivered by Canadian Finco.

 

 

Exhibit K

Page 4

     Administrative Agent, the Canadian Administrative Agent and the Lenders to the extent then
due.

          6. By executing and delivering a copy hereof, each Credit Agreement Party hereby agrees that
all Loans shall be guaranteed pursuant to the U.S. Guarantee and Collateral Agreement, the Canadian
Guarantee and/or the Canadian Security Agreement, as applicable, in accordance with the terms and
provisions thereof and shall be secured pursuant to the U.S. Security Documents and/or the Canadian
Security Documents in accordance with the terms and provisions thereof.

* * *

 

 

          IN WITNESS WHEREOF, the Joining Party has caused this Joinder to be duly executed as of
the date first above written.

	 	 	 	 	 
	 	 	[JOINING
PARTY]
 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

Accepted and Agreed by:

RSC HOLDINGS II, LLC

	 	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	RENTAL SERVICE CORPORATION	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	RENTAL SERVICE CORPORATION OF CANADA LTD.	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

 

Accepted and Acknowledged by:

DEUTSCHE BANK AG, NEW YORK BRANCH,

as U.S. Administrative Agent and U.S. Collateral Agent

	 	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	DEUTSCHE BANK AG, CANADA BRANCH,

as Canadian Administrative Agent and Canadian Collateral Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

 

EXECUTION VERSION 

EXHIBIT L

FORM OF INTERCOMPANY SUBORDINATION PROVISIONS

          Section 1.01.
Subordination of Liabilities. [Name of Payor] (the “Payor”), for
itself, its successors and assigns, covenants and agrees, and each holder of the Note to which
this
Annex ___ is attached (the “Note”) by its acceptance thereof likewise covenants and agrees, that
the payment of the principal of, interest on, and all other amounts owing in respect of, the Note
(the “Subordinated Indebtedness”) is hereby expressly subordinated, to the extent and in
the manner set forth below, to the prior payment in full in cash of all amounts owing in respect of
Senior Indebtedness (as defined in Section 1.07 of this Annex
___ ). The provisions of this Annex ___
shall constitute a continuing offer to all persons or other entities who, in reliance upon
such
provisions, become holders of, or continue to hold, Senior Indebtedness, and such holders are made
obligees hereunder the same as if their names were written herein as such, and they and/or each of
them may proceed to enforce such provisions.

          Section 1.02. Payor Not to Make Payments with Respect to Subordinated Indebtedness in
Certain Circumstances. (a) Upon the maturity of any Senior Indebtedness (including interest
thereon or fees or any other amounts owing in respect thereof), whether at stated
maturity, by acceleration or otherwise, all Obligations (as defined in Section 1.07 of this
Annex ___ ) owing in respect of the Senior Indebtedness shall first be paid in full in cash in
accordance with the terms thereof, before any payment of any kind or character, whether in cash,
property, securities or otherwise, is made on account of the Subordinated Indebtedness.

          (b) The
Payor may not, directly or indirectly (and no person or other entity
on behalf  of the
Payor may), make any payment of any Subordinated Indebtedness and may
not acquire any Subordinated
Indebtedness for cash or property until all Senior Indebtedness has been paid in full in cash if any
Default (as defined in the Credit Agreement identified in Section 1.07 herein) or Event of Default
(as defined in the Credit Agreement identified in Section 1.07
herein) under the Credit Agreement (as defined in Section 1.07
of this Annex ___ ) has occurred
and is continuing or would result therefrom. Each holder of the Note hereby agrees that, so long as
any such Default or Event of Default in respect of any issue of Senior Indebtedness has occurred
and is continuing, it will not sue for, or otherwise take any action
to enforce the Payor’s
obligations to pay, amounts owing in respect of the Note. Each holder of the Note understands and
agrees that to the extent that clause (a) of this Section 1.02 or this clause (b) prohibits the
payment of any Subordinated Indebtedness, such unpaid amount shall not constitute a payment default
under the Note and the holder of the Note may not sue for, or otherwise take action to enforce the
Payor’s obligation to pay such amount, provided that such unpaid amount shall remain an
obligation of the Payor to the holder of the Note pursuant to the terms of the Note.
Notwithstanding the foregoing, so long as a Default or Event of Default has not occurred, Payor
will be entitled to make (and any person or other entity on behalf of the Payor shall be entitled
to make) and the holder of any Note will be entitled to receive scheduled payments of principal and
interest under the Subordinated Indebtedness.

          (c) In
the event that, notwithstanding the provisions of the preceding subsections (a) and
(b) of this Section 1.02, the Payor (or any Person on behalf of the Payor)

 

 

Exhibit L

Page 2

shall make (or the holder of the Note shall receive) any payment on account of the Subordinated
Indebtedness at a time when payment is not permitted by said subsection (a) or (b), such payment
shall be held by the holder of the Note, in trust for the benefit of, and shall be paid forthwith
over and delivered to, the holders of Senior Indebtedness or their representative or the trustee
under the indenture or other agreement pursuant to which any instruments evidencing any Senior
Indebtedness may have been issued, as their respective interests may appear (including by giving
effect to any intercreditor or subordination arrangements among such holders including, without
limitation, the Intercreditor Agreement (as defined in the Credit Agreement (as defined below)),
for application pro rata to the payment of all Senior Indebtedness remaining unpaid to the extent
necessary to pay all amounts owing in respect of Senior Indebtedness in full in cash in accordance
with the terms of such Senior Indebtedness, after giving effect to any concurrent payment or
distribution to or for the holders of Senior Indebtedness.

          Section 1.03. Subordination to Prior Payment of All Senior Indebtedness on Dissolution,
Liquidation or Reorganization of Payor. Upon any distribution of assets of the Payor upon
dissolution, winding up, liquidation or reorganization of the Payor (whether in bankruptcy,
insolvency or receivership proceedings or upon an assignment for the benefit of creditors or
otherwise):

     (a)
the holders of all Senior Indebtedness shall first be entitled to receive payment in
full in cash of all amounts owing in respect of Senior Indebtedness
in accordance with the
terms thereof (including, without limitation, post-petition interest
at the rate provided in
the documentation with respect to the Senior Indebtedness, whether or not such post-petition
interest is an allowed claim against the debtor in any bankruptcy or similar proceeding)
before the holder of the Note is entitled to receive any payment of any kind or character on
account of the Subordinated Indebtedness;

     (b)
any payment or distributions of assets of the Payor of any kind or character,
whether in cash, property or securities to which the holder of the Note would
be entitled except for the provisions of this Annex ___ , shall be paid by the liquidating
trustee or agent or other person making such payment or distribution, whether a trustee in
bankruptcy, a receiver or liquidating trustee or other trustee or agent, directly to the
holders of Senior Indebtedness or their representative or representatives, or to the trustee
or trustees under any indenture under which any instruments evidencing any such Senior
Indebtedness may have been issued as their respective interests may appear (including by
giving effect to any intercreditor or subordination arrangements among such holders), to the
extent necessary to make payment in full in cash of all Senior Indebtedness remaining
unpaid, after giving effect to any concurrent payment or distribution to the holders of such
Senior Indebtedness; and

     (c)
in the event that, notwithstanding the foregoing provisions of this Section 1.03,
any payment or distribution of assets of the Payor of any kind or
character, whether in cash,
property or securities, shall be received by the holder of the Note on account
of Subordinated Indebtedness before all amounts owing in respect of Senior Indebtedness
is paid in full in cash in accordance with the terms thereof, such payment or
distribution shall be received and held in trust for and shall be paid over to the holders of
the Senior Indebtedness remaining unpaid or their representative or representatives, or to
the trustee

 

 

Exhibit L

Page 3

or trustees under any indenture under which any instruments evidencing any of such Senior
Indebtedness may have been issued, as their respective interests may appear (including by
giving effect to any intercreditor or subordination arrangements among such holders) for
application to the payment of such Senior Indebtedness until all such Senior Indebtedness
shall have been paid in full in cash in accordance with the terms thereof, after giving
effect to any concurrent payment or distribution to the holders of such Senior Indebtedness.

          Section 1.04. Subrogation. Subject to the prior payment in full in cash of all
amounts owing in respect of Senior Indebtedness in accordance with the terms thereof, the holder
of the Note shall be subrogated to the rights of the holders of Senior Indebtedness to receive
payments or distributions of assets of the Payor applicable to the Senior Indebtedness until all
amounts owing on the Note shall be paid in full, and for the purpose of such subrogation no
payments or distributions to the holders of the Senior Indebtedness by or on behalf of the
Payor or by or on behalf of the holder of the Note by virtue of this
Annex ___  which otherwise
would have been made to the holder of the Note shall, as between the Payor, its creditors other
than the holders of Senior Indebtedness, and the holder of the Note, be deemed to be payment by the
Payor to or on account of the Senior Indebtedness, it being understood that the provisions of
this Annex ___ are and are intended solely for the purpose of defining the relative rights of the
holder of the Note, on the one hand, and the holders of the Senior Indebtedness, on the other
hand.

          Section 1.05. Obligation of the Payor Unconditional. Nothing contained in
this
Annex ___ or in the Note is intended to or shall impair, as between the Payor and the holder of the
Note, the obligation of the Payor, which is absolute and unconditional, to pay to the holder of
the Note the principal of and interest on the Note as and when the same shall become due and
payable in accordance with their terms, or is intended to or shall affect the relative rights of
the holder of the Note and creditors of the Payor other than the holders of the Senior
Indebtedness, nor shall anything herein or therein prevent the holder of the Note from exercising
all remedies otherwise permitted by applicable law upon an event of default under the Note,
subject to the
provisions of this Annex ___ and the rights, if any,
under this Annex ___ of the holders of Senior
Indebtedness in respect of cash, property, or securities of the Payor received upon the exercise of
any such remedy. Upon any distribution of assets of the Payor
referred to in this Annex ___ , the
holder of the Note shall be entitled to rely upon any order or decree
made by any court of competent
jurisdiction in which such dissolution, winding up, liquidation or
reorganization proceedings are
pending, or a certificate of the liquidating trustee or agent or
other person making any
distribution to the holder of the Note, for the purpose of
ascertaining the persons entitled to
participate in such distribution, the holders of the Senior
Indebtedness and other indebtedness of
the Payor, the amount thereof or payable thereon, the amount or
amounts paid or distributed thereon
and all other facts pertinent thereto or to this Annex
___.

          Section 1.06. Subordination Rights Not Impaired by Acts or Omissions of Payor or Holders
of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness
to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired
by any act or failure to act on the part of the Payor or by any act or failure to act in good
faith by any such holder, or by any noncompliance by the Payor with the terms and provisions of
the Note, regardless of any knowledge thereof which any such holder may have or

 

 

Exhibit L

Page 4

be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting
the obligations of the holder of the Note with respect hereto, at any time or from time to time and
in their absolute discretion, change the manner, place or terms of payment of, change or extend the
time of payment of, or renew, increase or otherwise alter, any Senior Indebtedness or amend, modify
or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any
other document referred to therein, or exercise or refrain from exercising any other of their
rights under the Senior Indebtedness including, without limitation, the waiver of default
thereunder and the release of any collateral securing such Senior Indebtedness, all without notice
to or assent from the holder of the Note.

     Section 1.07. Senior Indebtedness. The term “Senior Indebtedness” shall mean
all Obligations (as defined below) (i) of the Payor under, or in respect of, (x) the Credit
Agreement (as amended, modified, supplemented, extended, restated, refinanced, replaced or
refunded from time to time, the “Credit Agreement”), dated as of November ___ , 2006, by and
among [the Payor,] [RSC HOLDINGS II, LLC,]
[RSC HOLDINGS III, LLC,] [RENTAL SERVICE CORPORATION,]
[RENTAL SERVICE CORPORATION OF CANADA LTD.,] the several banks and other financial institutions from
time to time parties to thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and
U.S. collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and
Canadian collateral agent and CITICORP NORTH AMERICA, INC., as syndication agent, (y) the
Second-Lien Credit Agreement, dated as of November ___ , 2006, by and among [the Payor,] [RSC
HOLDINGS II, LLC,] [RSC HOLDINGS III, LLC,] [RENTAL SERVICES CORPORATION CANADA LTD.,] the general
banks and other financial institutions from time to time party thereto, and DEUTSCHE BANK AG, NEW
YORK BRANCH, as Administrative Agent (as amended, modified, supplemented, extended, restated,
refinanced, replaced or refunded from time to time, the “Second-Lien Credit Agreement”) and
(z) each other Loan Document (as defined in the Credit Agreement and the Second-Lien Credit
Agreement) to which the Payor is a party, (ii) of the Payor under, or in respect of (including by
reason of the U.S. [Subsidiaries Guaranty] [any Canadian Guarantee Agreement] (as defined in the
Credit Agreement) and the [Subsidiaries Guaranty (as defined in the Second-Lien Credit Agreement)],
to which the Payor is a party), any Interest Rate Protection Agreements or Permitted Hedging
Arrangements (each as defined in the Credit Agreement). As used herein, the term “Obligation” shall
mean any principal, interest, premium, penalties, fees, expenses, indemnities and other liabilities
and obligations (including guaranties of the foregoing liabilities and obligations) payable under
the documentation governing any Senior Indebtedness (including post-petition interest at the rate
provided in the documentation with respect to such Senior Indebtedness, whether or not such
interest is an allowed claim against the debtor in any bankruptcy or similar proceeding).

 

 

EXECUTION
VERSION

EXHIBIT M

FORM OF ASSIGNMENT

AND

ACCEPTANCE AGREEMENT

     This Assignment and Acceptance Agreement (this “Assignment”), is dated as of the Effective
Date set forth below and is entered into by and between [the] [each] Assignor identified in item
[1][2] below ([the] [each, an] “Assignor”) and [the] [each] Assignee identified in item 2 below
([the] [each, an] “Assignee”). [It is understood and agreed that the rights and obligations of such
[Assignees] [and Assignors] hereunder are several and not joint.] Capitalized terms used herein but
not defined herein shall have the meanings given to them in the Credit Agreement identified below
(as amended, restated, supplemented and/or otherwise modified from time to time, the “Credit
Agreement”). The Standard Terms and Conditions for Assignment and Acceptance Agreement set forth in
Annex 1 hereto (the “Standard Terms and Conditions”) are hereby agreed to and incorporated
herein by reference and made a part of this Assignment as if set forth herein in full.

     For an agreed consideration, [the] [each] Assignor hereby irrevocably sells and assigns to
[the] [each] Assignee, and [the] [each] Assignee hereby irrevocably purchases and assumes from
[the] [each] Assignor, subject to and in accordance with the Standard Terms and Conditions and the
Credit Agreement, as of the Effective Date inserted by the U.S. Administrative Agent and the
Canadian Administrative Agent as contemplated below, the interest in and to all of [the][each]
Assignor’s rights and obligations under the Credit Agreement and any other documents or
instruments delivered pursuant thereto [including, without limitation, the CAM Allocation
Agreement, dated as of November 27, 2006, by and among the Lenders, Deutsche Bank AG, New York
Branch, as U.S. Administrative Agent and U.S. Collateral Agent and Deutsche Bank AG, Canada
Branch, as Canadian Administrative Agent and Canadian Collateral Agent (as amended or modified
from time to time, the “CAM Allocation Agreement”)]1 that represents the amount
and percentage interest identified below of all of the [respective] Assignor’s outstanding rights
and obligations under the respective Tranches identified below (including, to the extent included
in any such Tranches, Letters of Credit and Swingline Loans) ([the] [each, an] “Assigned
Interest”). [Each] [Such] sale and assignment is without recourse to [the] [any] Assignor and,
except as expressly provided in this Assignment, without representation or warranty by [the] [any]
Assignor.

	 	 	 	 	 	 	 
	[1.  Assignor:

	 		 	 	 	 
	 

	 	 

	 	 
	 
	 	 	 	 	 	 
	2.  Assignee:

	 		 	 	 ]	 
	 

	 	 

	 	 
	 
	 	 	 	 	 	 
	[1][3]. Credit Agreement:	 	Credit Agreement, dated as of November 27, 2006, among RSC
HOLDINGS II, LLC, RSC HOLDINGS III, LLC, RENTAL SERVICE
CORPORATION, RENTAL SERVICE

 

			
	1	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.

 

 

Exhibit M

Page 2

CORPORATION OF CANADA LTD., each other borrower party thereto, the
several banks and other financial institutions from time to time
parties to this Agreement, DEUTSCHE BANK AG, NEW YORK BRANCH, as
U.S. administrative agent and U.S. collateral agent (in such
capacities, respectively, the “U.S. Administrative Agent”
and the “U.S. Collateral Agent”). DEUTSCHE BANK AG, CANADA BRANCH,
as Canadian administrative agent and Canadian collateral agent for
the Lenders hereunder (in such capacities, respectively, the
“Canadian Administrative Agent” and the “Canadian
Collateral Agent”, and together with the U.S. Administrative
Agent, the “Agents”) and CITICORP NORTH AMERICA, INC., as
syndication agent.

[2.    Assigned Interest:2

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Aggregate Amount	 	 
	 	 	 	 	 	 	of	 	 
	 	 	 	 	 	 	Commitment/Loans	 	Amount of
	 	 	 	 	 	 	under Relevant	 	Commitment/Loans
	 	 	 	 	Tranche	 	Tranche for all	 	under Relevant
	Assignor	 	Assignee	 	Assigned3	 	Lenders	 	Tranche Assigned
	[Name of
Assignor]

	 	[Name of
Assignee]	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 
	[Name of
Assignor]

	 	[Name of
Assignee]	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 

 

			
	2	 	Insert this chart if this Form of Assignment and Acceptance Agreement is being used for
assignments to funds managed by the same or related investment managers or for an assignment
by multiple Assignors. Insert additional rows as needed.
	 
	3	 	For complex multi-tranche assignments a separate chart for each tranche should be used for ease
of reference.

 

 

Exhibit M

Page 3

[4. Assigned Interest:4

	 	 	 	 	 	 	 	 	 
	 	 	Aggregate Amount of	 	 	Amount of	 
	 	 	Commitment/Loans under	 	 	Commitment/Loans under	 
	Tranche Assigned	 	Relevant Tranche for all Lenders	 	 	Relevant Tranche Assigned	 
	Initial Term Loans
	 	$	 	 	 	$	 	 
	 
	 	 	 	 	 	 
	Incremental
Term Loans
	 	$	 	 	 	$	 	 
	 
	 	 	 	 	 	 
	U.S. RCF
Commitment/U.S. RCF Loans
	 	$	 	 	 	$	 	 
	 
	 	 	 	 	 	 
	Canadian RCF Commitment/Canadian RCF Loans
	 	$	 	 	 	$	 	 
	 
	 	 	 	 	 	 

Effective Date                                          ,                     .

	 	 	 	 	 	 	 	 	 
	Assignor[s] Information	 	 	 	Assignee[s] Information	 	 	 	 
	Payment Instructions:

	 	 	 	Payment Instructions:	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 

	 	Reference:                                   
	 	 	 	Reference:                                   	 	 
	 
	 	 	 	 	 	 	 	 
	Notice Instructions:

	 	 	 	Notice Instructions:	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	

	 	Reference:                                   
	 	 	 	Reference:                                   
	 	 

The terms set forth in this Assignment are hereby agreed to:

 

			
	4	 	
Insert this chart if this Form of Assignment and Acceptance Agreement is being used by a
single Assignor for an assignment to a single Assignee.

 

 

Exhibit M

Page 4

	 	 	 	 	 	 	 	 	 	 	 
	ASSIGNOR	 	 	 	ASSIGNEE	 	 
	[NAME OF ASSIGNOR]	 	 	 	[NAME OF ASSIGNEE]5	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

Name:
	 	 
	 	 	 	 

Name:
	 	 
	 

	 	Title:
	 	 	 	 	 	Title:	 	 

 

			
	5	 	Add additional signature blocks, as needed, if this Form of Assignment and Acceptance
Agreement is being used by funds managed by the same or related investment managers.

 

 

Exhibit M

Page 5

	 	 	 	 	 
	[Consented to and]6 Accepted:	 	 
	DEUTSCHE BANK AG, NEW
YORK BRANCH, 
as U.S.
Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	[RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	

	 	Name: 

	 	 
	 

	 	Title:]7	 	 

 

			
	6	 	Consent of the U.S. Administrative Agent is not required for an assignment to a
Lender or an affiliate of a Lender.
	 
	7	 	Insert only if (i) no Event of Default under subsection 9(a) or (f) of the Credit
Agreement is then in existence or (ii) the assignment is not to a Lender, Affiliate of a
Lender, or an Approved Fund; provided that unless an Event of Default under subsection 9(a) or
(f) of the Credit Agreement is then in existence, insert if any Lender assigns all or a
portion of its rights and obligations under the Credit Agreement to one of its affiliates in
connection with or in contemplation of the sale or disposition of its interest in such
affiliates.

 

 

ANNEX I

TO

EXHIBIT M

[NAME OF BORROWERS]

CREDIT AGREEMENT

STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT

AND ACCEPTANCE AGREEMENT

     1. Representations and Warranties.

     1.1. Assignor. [The][Each] Assignor (a) represents and warrants that (i) it is the legal and
beneficial owner of [the][its] Assigned Interest, (ii) [the][its] Assigned Interest is free and
clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority,
and has taken all action necessary, to execute and deliver this Assignment and to consummate the
transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any
statements, warranties or representations made in or in connection with any Loan Document,
(ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the
Credit Agreement, any other Loan Document or any other instrument or document delivered pursuant
thereto (other than this Assignment) or any collateral thereunder, (iii) the financial condition of
RSC Holdings II, LLC, RSC Holdings III, LLC, Rental Service Corporation, Rental Service Corporation
of Canada Ltd., any of their respective Subsidiaries or affiliates or any other Person obligated in
respect of any Loan Document or (iv) the performance or observance by RSC Holdings II, LLC, RSC
Holdings III, LLC, Rental Service Corporation, Rental Service Corporation of Canada Ltd., any of
their respective Subsidiaries or affiliates or any other Person of any of their respective
obligations under any Loan Document.

     1.2. Assignee. The[Each] Assignee (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this Assignment and to
consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement,
(ii) it satisfies the requirements, if any, specified in subsection 11.6 of the Credit Agreement
that are required to be satisfied by it in order to acquire the Assigned Interest and become a
Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit
Agreement [and the CAM Allocation Agreement] 1 as a Lender [(or, in the case of the CAM
Allocation Agreement, a CAM Exchange Lender)] 2, thereunder and, to the extent of
[the][its] Assigned Interest, shall have the obligations of a Lender [(or, in the case of the CAM
Allocation Agreement, a CAM Exchange Lender)] 3 thereunder, (iv) it has received and/or
had the opportunity to review a copy of the Credit Agreement [and the CAM Allocation
Agreement]4, together with copies of the most recent financial statements delivered
pursuant to subsection 7.1 thereof, as applicable, and such other documents and information as it
has in its sole discretion deemed appropriate to make its own credit analysis and decision to enter
into this

 

			
	1	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.
	 
	2	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.
	 
	3	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.
	 
	4	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.

 

 

Annex I

to Exhibit M

Page 2

Assignment and to purchase the [its] Assigned Interest on the basis of which it has made such
analysis and decision independently and without reliance on any Agent or any other Lender, and (v)
if it is organized under the laws of a jurisdiction outside the United States or, in the case of
assignments of Canadian RCF Commitments, Canada, attached to the Assignment is any documentation
required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and
executed by the Assignee; (c) agrees that (i) it will, independently and without reliance on the
Agents, [the][each] Assignor or any other Lender, and based on such documents and information as
it shall deem appropriate at the time, continue to make its own credit decisions in taking or not
taking action under the Loan Documents, and (ii) it will perform in accordance with their terms
all of the obligations which by the terms of the Loan Documents are required to be performed by it
as a Lender; and (d) appoints and authorizes each of the Agents, the U.S Collateral Agent and the
Canadian Collateral Agent to take such action as agent in their respective capacities on its behalf
and to exercise such powers and discretion under the Credit Agreement, the other Loan Documents and
any other instrument or document furnished pursuant hereto or thereto as are delegated to or
otherwise conferred upon the Agents, the U.S. Collateral
Agent or the Canadian Collateral Agent, as the case may be, by the terms thereof, together with
such powers as are incidental thereto.

     2. Payment. From and after the Effective Date, the respective Agent shall make all payments
in respect [the][each] Assigned Interest (including payments of principal, interest, fees,
commissions and other amounts) to [the][each] Assignor for amounts which have accrued to but
excluding the Effective Date and to [the][each] Assignee for amounts which have accrued from and
after the Effective Date.

     3. Effect of Assignment. Upon delivery of a fully executed original hereof to the U.S.
Administrative Agent, as of the Effective Date, (i) [the][each] Assignee shall be a party to the
Credit Agreement[, the CAM Allocation Agreement] 5 and, to the extent provided in this
Assignment, have the rights and obligations of a Lender thereunder and under the other Loan
Documents [and the CAM Allocation Agreement] and (ii) [the][each] Assignor shall, to the extent
provided in this Assignment, relinquish its rights and be released from its obligations under the
Credit Agreement, the other Loan Documents [and the CAM Allocation Agreement]. 6

     4. General Provisions. This Assignment shall be binding upon, and inure to the benefit of, the
parties hereto and their respective successors and assigns. This Assignment may be executed in any
number of counterparts, which together shall constitute one instrument. Delivery of an executed
counterpart of a signature page of this Assignment by telecopy shall be effective as delivery of a
manually executed counterpart of the Assignment. THIS ASSIGNMENT AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES UNDER THIS ASSIGNMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

 

			
	5	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.
	 
	6	 	Include in Assignments to U.S. RC Lenders and Canadian RC Lenders only.

 

 

Annex I

to Exhibit M

Page 3

* * *exv10w8

 

EXHIBIT 10.8

EXECUTION
VERSION

 

SECOND-LIEN TERM LOAN

CREDIT AGREEMENT

among

RSC HOLDINGS II, LLC,

RSC HOLDINGS III, LLC,

RENTAL SERVICE CORPORATION,

EACH OTHER BORROWER PARTY HERETO,

VARIOUS LENDERS,

DEUTSCHE BANK AG, NEW YORK BRANCH,

as Administrative Agent and Collateral Agent,

CITICORP NORTH AMERICA, INC.,

as Syndication Agent,

and

GE CAPITAL MARKETS, INC.,

as Senior Managing Agent

Dated as of November 27, 2006

 

DEUTSCHE BANK SECURITIES INC.,

and

CITIGROUP GLOBAL MARKETS INC.,

as Joint Lead Arrangers and Joint Book Managers

and

GENERAL ELECTRIC CAPITAL CORPORATION,

As Documentation Agent

 

 

Table of Contents

	 	 	 	 	 
	 	 	 	Page	 
	Section 1. Definitions 
	 	 	2	 
	 
	 	 	 	 
	1.1 Defined Terms 
	 	 	2	 
	1.2 Other Definitional Provisions 
	 	 	26	 
	 
	 	 	 	 
	Section 2. Amount and Terms of Term Loan Commitments 
	 	 	26	 
	 
	 	 	 	 
	2.1 Initial Term Loans 
	 	 	26	 
	2.2 Term Loan Notes 
	 	 	27	 
	2.3 Procedure for Term Loan Borrowing 
	 	 	28	 
	2.4 Record of Term Loans 
	 	 	28	 
	2.5 Incremental Term Loan Commitments 
	 	 	29	 
	 
	 	 	 	 
	Section 3. General Provisions Applicable to Term Loans 
	 	 	32	 
	 
	 	 	 	 
	3.1 Interest Rates and Payment Dates 
	 	 	32	 
	3.2 Conversion and Continuation Options 
	 	 	33	 
	3.3 Minimum Amounts of Sets 
	 	 	33	 
	3.4 Optional and Mandatory Prepayments; Commitment Reductions 
	 	 	33	 
	3.5 Fees 
	 	 	36	 
	3.6 Computation of Interest and Fees 
	 	 	37	 
	3.7 Inability to Determine Interest Rate 
	 	 	37	 
	3.8 Pro Rata Treatment and Payments 
	 	 	37	 
	3.9 Illegality 
	 	 	39	 
	3.10 Requirements of Law 
	 	 	39	 
	3.11 Taxes 
	 	 	41	 
	3.12 Indemnity 
	 	 	45	 
	3.13 Certain Rules Relating to the Payment of Additional Amounts 
	 	 	46	 
	 
	 	 	 	 
	Section 4. Representations and Warranties 
	 	 	47	 
	 
	 	 	 	 
	4.1 Financial Condition 
	 	 	47	 
	4.2 No Change; Solvent 
	 	 	48	 
	4.3 Corporate Existence 
	 	 	48	 
	4.4 Corporate Power; Authorization; Consents; Enforceable
Obligations 
	 	 	48	 
	4.5 No Legal Bar 
	 	 	49	 
	4.6 No Material Litigation 
	 	 	49	 
	4.7 No Default 
	 	 	49	 
	4.8 Ownership of Property; Liens 
	 	 	49	 
	4.9 Intellectual Property 
	 	 	50	 
	4.10 Compliance With Requirements of Law and Contractual
Obligations 
	 	 	50	 
	4.11 Taxes 
	 	 	50	 
	4.12 Federal Regulations 
	 	 	50	 
	4.13 ERISA 
	 	 	50	 

(i)

 

 

Table of Contents

(continued)

	 	 	 	 	 
	 	 	 	Page	 
	4.14 Collateral 
	 	 	51	 
	4.15 Investment Company Act; Other Regulations 
	 	 	52	 
	4.16 Subsidiaries 
	 	 	52	 
	4.17 Purpose of Term Loans 
	 	 	52	 
	4.18 Environmental Matters 
	 	 	52	 
	4.19 True and Correct Disclosure 
	 	 	53	 
	4.20 Delivery of the Recapitalization Agreement 
	 	 	53	 
	4.21 Certain Representations and Warranties Contained in the
Recapitalization Agreement 
	 	 	54	 
	4.22 Labor Matters 
	 	 	54	 
	4.23 Special Purpose Corporation 
	 	 	54	 
	4.24 Insurance 
	 	 	54	 
	4.25 Anti-Terrorism 
	 	 	54	 
	4.26 Capitalization 
	 	 	54	 
	4.27 Rental Fleet; Business of the Credit Parties 
	 	 	55	 
	 
	 	 	 	 
	Section 5. Conditions Precedent 
	 	 	55	 
	 
	 	 	 	 
	5.1 Conditions to Initial Term Loans 
	 	 	55	 
	5.2 Conditions to Each Other Extension of Credit 
	 	 	60	 
	 
	 	 	 	 
	Section 6. Affirmative Covenants 
	 	 	61	 
	 
	 	 	 	 
	6.1 Financial Statements 
	 	 	61	 
	6.2 Certificates; Other Information 
	 	 	62	 
	6.3 Payment of Obligations 
	 	 	63	 
	6.4 Conduct of Business and Maintenance of Existence 
	 	 	63	 
	6.5 Maintenance of Property; Insurance 
	 	 	64	 
	6.6 Inspection of Property; Books and Records; Discussions 
	 	 	65	 
	6.7 Notices 
	 	 	65	 
	6.8 Environmental Laws 
	 	 	67	 
	6.9 New Subsidiaries; Additional Security; Further Assurances 
	 	 	67	 
	 
	 	 	 	 
	Section 7. Negative Covenants 
	 	 	69	 
	 
	 	 	 	 
	7.1 Limitation on Indebtedness 
	 	 	70	 
	7.2 Limitation on Liens 
	 	 	72	 
	7.3 Limitation on Guarantee Obligations 
	 	 	75	 
	7.4 Limitation on Fundamental Changes 
	 	 	76	 
	7.5 Limitation on Sale of Assets 
	 	 	77	 
	7.6 Limitation on Dividends 
	 	 	78	 
	7.7 Limitation on Investments, Loans and Advances 
	 	 	80	 
	7.8 Limitations on Certain Acquisitions 
	 	 	83	 

(ii)

 

 

Table of Contents

(continued)

	 	 	 	 	 
	 	 	 	Page	 
	7.9 Limitation on Transactions with Affiliates 
	 	 	83	 
	7.10 Limitation on Sale and Leaseback Transactions 
	 	 	85	 
	7.11 Limitation on Dispositions of Collateral 
	 	 	85	 
	7.12 Limitation on Optional Payments and Modifications of Debt
Instruments and Other Documents 
	 	 	86	 
	7.13 Limitation on Changes in Fiscal Year 
	 	 	87	 
	7.14 Limitation on Negative Pledge Clauses 
	 	 	87	 
	7.15 Limitation on Lines of Business 
	 	 	87	 
	7.16 Limitations on Currency, Commodity and Other Hedging
Transactions 
	 	 	88	 
	 
	 	 	 	 
	Section 8. Events of Default 
	 	 	88	 
	 
	 	 	 	 
	Section 9. The Agents and the Lead Arrangers 
	 	 	91	 
	 
	 	 	 	 
	9.1 Appointment 
	 	 	91	 
	9.2 Delegation of Duties 
	 	 	91	 
	9.3 Exculpatory Provisions 
	 	 	92	 
	9.4 Reliance by the Agents 
	 	 	92	 
	9.5 Notice of Default 
	 	 	93	 
	9.6 Acknowledgements and Representations by Lenders 
	 	 	93	 
	9.7 Indemnification 
	 	 	94	 
	9.8 The Administrative Agent and Lead Arrangers in their Individual
Capacities 
	 	 	94	 
	9.9 Collateral Matters 
	 	 	94	 
	9.10 Successor Agent 
	 	 	95	 
	9.11 Syndication Agent and Lead Arrangers 
	 	 	96	 
	9.12 Withholding Tax 
	 	 	96	 
	 
	 	 	 	 
	Section 10. Miscellaneous 
	 	 	97	 
	 
	 	 	 	 
	10.1 Amendments and Waivers 
	 	 	97	 
	10.2 Notices 
	 	 	99	 
	10.3 No Waiver; Cumulative Remedies 
	 	 	100	 
	10.4 Survival of Representations and Warranties 
	 	 	100	 
	10.5 Payment of Expenses and Taxes 
	 	 	101	 
	10.6 Successors and Assigns; Participations and Assignments 
	 	 	102	 
	10.7 Adjustments; Set-off; Calculations; Computations 
	 	 	106	 
	10.8 Counterparts 
	 	 	107	 
	10.9 Severability 
	 	 	107	 
	10.10 Integration 
	 	 	107	 
	10.11 GOVERNING LAW 
	 	 	107	 
	10.12 Submission to Jurisdiction; Waivers 
	 	 	107	 
	10.13 Acknowledgements 
	 	 	108	 

(iii)

 

 

Table of Contents

(continued)

	 	 	 	 	 
	 	 	 	Page	 
	10.14 WAIVER OF JURY TRIAL 
	 	 	108	 
	10.15 Confidentiality 
	 	 	108	 
	10.16 USA Patriot Act Notice 
	 	 	109	 
	10.17 INTERCREDITOR AGREEMENT 
	 	 	109	 
	10.18 The Parent Borrower as Agent for the Borrowers 
	 	 	110	 
	10.19 Waiver 
	 	 	110	 
	10.20 Nature of Obligations 
	 	 	111	 
	 
	 	 	 	 
	Section 11. Holdings Guaranty 
	 	 	112	 
	 
	 	 	 	 
	11.1 Guaranty 
	 	 	112	 
	11.2 Bankruptcy 
	 	 	112	 
	11.3 Nature of Liability 
	 	 	113	 
	11.4 Independent Obligation 
	 	 	113	 
	11.5 Amendments, etc. with respect to the Obligations 
	 	 	113	 
	11.6 Reliance 
	 	 	114	 
	11.7 No Subrogation 
	 	 	114	 
	11.8 Waiver 
	 	 	114	 
	11.9 Payments 
	 	 	115	 
	11.10 Maximum Liability 
	 	 	115	 

SCHEDULES

	 	 	 	 	 
	A

	 	—
	 	Initial Term Loan Commitments and Addresses
	B

	 	—
	 	Assumed Indebtedness
	4.2

	 	—
	 	Material Adverse Effect Disclosure
	4.4

	 	—
	 	Consents Required
	4.8

	 	—
	 	Real Property
	4.9

	 	—
	 	Intellectual Property Claims
	4.16

	 	—
	 	Subsidiaries
	4.25

	 	—
	 	Insurance
	5.1(e)

	 	—
	 	Closing Date Adjustments to EBITDA
	5.1(g)

	 	—
	 	Lien Searches
	7.2(j)

	 	—
	 	Permitted Liens
	7.3(a)

	 	—
	 	Permitted Guarantee Obligations
	7.5(j)

	 	—
	 	Permitted Asset Sales
	7.7(c)

	 	—
	 	Permitted Investments
	7.9(e)

	 	—
	 	Permitted Transactions with Affiliates
	7.10(b)

	 	—
	 	Sale and Leaseback Real Properties

(iv)

 

 

Table of Contents

(continued)

EXHIBITS

	 	 	 	 	 

	 	 	 	 	Page
	A-1

	 	—
	 	Form of Initial Term Loan Note
	A-2

	 	—
	 	Form of Incremental Term Loan Note
	B

	 	—
	 	Form of Incremental Term Loan Commitment Agreement
	C

	 	—
	 	Form of U.S. Tax Compliance Certificate
	D

	 	—
	 	Form of Intercreditor Agreement
	E

	 	—
	 	Form of Guarantee and Collateral Agreement
	F

	 	—
	 	Form of Closing Certificate
	G

	 	—
	 	Form of Intercompany Subordination Provisions
	H

	 	—
	 	Form of Assignment and Acceptance
	I

	 	—
	 	Form of Borrower Joinder Agreement

(v)

 

 

          CREDIT AGREEMENT, dated as of November 27, 2006, among RSC HOLDINGS
II, LLC, a Delaware limited liability company (“Holdings”), RSC HOLDINGS III,
LLC, a Delaware limited liability company (the “Parent Borrower”), RENTAL
SERVICE CORPORATION, an Arizona corporation (“RSC”, and, together with the
Parent Borrower and each entity that becomes a Borrower pursuant to subsection
6.9, the “Borrowers” and each, a “Borrower”), the several banks and other
financial institutions from time to time parties to this Agreement, DEUTSCHE
BANK AG, NEW YORK BRANCH, as administrative agent and collateral agent for the
Lenders hereunder (in such capacities, respectively, the “Administrative Agent”
and the “Collateral Agent”), CITICORP NORTH AMERICA, INC. (“CNAI”), as
syndication agent (in such capacity, the “Syndication Agent”), GE CAPITAL
MARKETS, INC., as Senior Managing Agent, DEUTSCHE BANK SECURITIES INC. and
CITIGROUP GLOBAL MARKETS INC., as Joint Lead Arrangers and Joint Book Managers
and GENERAL ELECTRIC CAPITAL CORPORATION, as Documentation Agent. All
capitalized terms used herein and defined in subsection 1.1 are used herein as
therein defined.

          The parties hereto hereby agree as follows:

W I T N E S S E T H:

          WHEREAS, Holdings and the Parent Borrower are newly-formed companies
organized by Atlas Copco North America, Inc., a Delaware corporation (“ACNA”),
at the direction of Affiliates of Ripplewood Partners II, L.P. (“Ripplewood”)
and Oak Hill Capital Partners II, L.P. (“Oak Hill” and, together with
Ripplewood, the “Sponsors” and each a “Sponsor”) or any of their respective
Affiliates;

          WHEREAS, as a result of the consummation of the transactions
contemplated in the Recapitalization Agreement, dated as of October 6, 2006 (as
the same may be amended, modified and/or supplemented from time to time in
accordance with the terms hereof and thereof, the “Recapitalization Agreement”),
among Atlas Copco AB and Atlas Copco Finance S.à.r.l., as the sellers, RSC
Acquisition, LLC, a Delaware limited liability company, RSC Acquisition II, LLC,
a Delaware limited liability company, OHCP II RSC, LLC, a Delaware limited
liability company, OHCMP II RSC, LLC, a Delaware limited liability company, and
OHCP II RSC COI, LLC, a Delaware limited liability company, as the investors,
and ACNA, (i) such investors shall acquire (the “Recapitalization”)
approximately 85% of the outstanding Capital Stock of ACNA, (ii) ACNA will hold
(indirectly) 100% of the Capital Stock of Holdings, (iii) Holdings shall own
100% of the outstanding Capital Stock of the Parent Borrower and (iv) the Parent
Borrower shall own 100% of the outstanding Capital Stock of RSC;

          WHEREAS, in connection with the Recapitalization and prior to the
Closing Date, ACNA shall have (i) formed RSC Holdings I, LLC, a Delaware limited
liability company (“RSC LLC I”) and contributed to it all of the outstanding
stock of RSC, (ii) caused RSC LLC I to form Holdings and contribute to Holdings
all of the outstanding stock of RSC and (iii) caused Holdings to form the Parent
Borrower and contribute to the Parent Borrower all of the outstanding capital
stock of RSC;

          WHEREAS, ACNA will receive a direct or indirect cash investment from
the Sponsors and/or one or more Affiliates of either Sponsor and (if so
determined by the Sponsors)

 

 

one or both of the Sellers and/or one or more affiliates of the Sellers and (if
so determined by the Sponsors) one or more other investors in an aggregate
amount of at least $500,000,000 in accordance with the provisions of the
Recapitalization Agreement (the “Equity Financing”);

          WHEREAS, the Parent Borrower and RSC will obtain an asset-based loan
facility in an aggregate principal amount of $1,700,000,000;

          WHEREAS, the Parent Borrower and RSC will co-issue $620,000,000 in
aggregate principal amount of senior unsecured notes; and

          WHEREAS, in order to (i) fund a portion of the Transaction and (ii)
pay certain fees and expenses related to the Transaction, the Borrowers have
requested that the Lenders make the Initial Term Loans provided for herein;

          NOW, THEREFORE, in consideration of the premises and the mutual
agreements contained herein, the parties hereto agree as follows:

          Section 1. Definitions.

          1.1 Defined Terms. As used in this Agreement, the following terms
shall have the following meanings:

          “ABL Credit Agreement”: the Credit Agreement, dated as of November 27,
2006, among Holdings, the Parent Borrower, RSC, RSC Canada, the various Lender
and/or financial institutions party thereto, DBNY, as U.S. Administrative Agent
and U.S. Collateral Agent and Deutsche Bank AG, Canada Branch as Canadian
Administrative Agent and Canadian Collateral Agent, as the same may be amended,
supplemented, waived, otherwise modified, extended, renewed, Refinanced or
replaced from time to time.

          “ABL Loan Documents”: the ABL Credit Agreement and each “Loan
Document” under, and as defined in the ABL Credit Agreement, as the same may be
amended, supplemented, waived, otherwise modified, extended, renewed, Refinanced
or replaced from time to time.

          “ABL Obligations”: Obligations under and as defined in the ABL Credit
Agreement.

          “ABR”: for any day, a rate per annum (rounded upwards, if necessary,
to the next 1/16 of 1%) equal to the greater of (a) the Prime Rate in effect on
such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2
of 1%. For purposes hereof: “Prime Rate” shall mean the rate of interest per
annum publicly announced from time to time by the Administrative Agent (or
another bank of recognized standing reasonably selected by the Administrative
Agent and reasonably satisfactory to the Parent Borrower) as its prime rate in
effect at its principal office in New York City (the Prime Rate not being
intended to be the lowest rate of interest charged by the Administrative Agent
in connection with extensions of credit to debtors). “Federal Funds Effective
Rate” shall mean, for any day, the weighted average of the rates on overnight
federal funds transactions with members of the Federal Reserve System arranged
by federal funds brokers, as published on the next succeeding Business Day by
the Federal Reserve of New York, or, if such rate is not so published for any
day which is a Business

-2-

 

Day, the average of the quotations for the day of such transactions received by
the Administrative Agent from three federal funds brokers of recognized standing
selected by it. Any change in the ABR due to a change in the Prime Rate or the
Federal Funds Effective Rate shall be effective as of the opening of business on
the effective day of such change in the Prime Rate or the Federal Funds
Effective Rate, respectively.

          “ABR Loans”: Term Loans the rate of interest applicable to which is
based upon the ABR.

          “ACNA”: as defined in the Recitals hereto.

          “Administrative Agent”: DBNY, in its capacity as administrative agent
for the Lenders hereunder, and shall include any successor to the Administrative
Agent appointed pursuant to subsection 9.10.

          “Affected Loans”: as defined in subsection 3.9.

          “Affected Rate”: as defined in subsection 3.7.

          “Affiliate”: as to any Person, any other Person (other than a
Subsidiary) which, directly or indirectly, is in control of, is controlled by,
or is under common control with, such Person. For purposes of this definition,
“control” of a Person means the power, directly or indirectly, either to (a)
vote 20% or more of the securities having ordinary voting power for the election
of directors of such Person or (b) direct or cause the direction of the
management and policies of such Person, whether by contract or otherwise.

          “Agents”: the collective reference to the Administrative Agent and the
Collateral Agent.

          “Agreement”: this Credit Agreement, as amended, supplemented, waived
or otherwise modified, from time to time.

          “Applicable Margin”: for (a) Initial Term Loans (i) maintained as ABR
Loans, 2.50% per annum and (ii) maintained as Eurocurrency Loans, 3.50% per
annum; provided that, if the Applicable Margin for any Tranche of Incremental
Term Loans issued hereunder is more than 0.50% higher than the Applicable Margin
for the Initial Term Loans, then the Applicable Margin for the Initial Term
Loans shall be increased to 0.50% below the Applicable Margin for such Tranche
of Incremental Term Loans and (b) any Tranche of Incremental Term Loans, the
respective percentages per annum relating to the respective Type of such Tranche
of Incremental Term Loan as set forth in the applicable Incremental Term Loan
Commitment Agreement (or, in the case of any Tranche of Incremental Term Loans
extended pursuant to more than one Incremental Term Loan Commitment Agreement,
as may be provided in the first Incremental Term Loan Commitment Agreement
executed and delivered with respect to such Tranche.

          “Approved Fund”: any Person (other than a natural person) that is
engaged in making, purchasing, holding or investing in bank loans and similar
extensions of credit in the ordinary course and that is administered or managed
by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate
of an entity that administers or manages a Lender.

-3-

 

          “Asset Sale”: any sale, issuance, conveyance, transfer, lease or other
disposition (including through a Sale and Leaseback Transaction) (each, a
“Disposition”) by the Parent Borrower or any of its Subsidiaries (other than
sales of Inventory or Equipment in the ordinary course of business), in one or a
series of related transactions, of any real or personal, tangible or intangible,
property (including Capital Stock) of Holdings or such Subsidiary to any Person.

          “Assignee”: as defined in subsection 10.6(b).

          “Assignment and Acceptance”: an Assignment and Acceptance,
substantially in the form of Exhibit H.

          “Assumed Indebtedness”: existing Indebtedness of the Recapitalized
Business identified on Schedule B, which will not be repaid in connection with
the Transaction.

          “Benefited Lender”: as defined in subsection 10.7(a).

          “Board”: the Board of Governors of the Federal Reserve System.

          “Borrower Joinder Agreement”: a joinder agreement in the form of
Exhibit I.

          “Borrowers”: as defined in the Preamble hereto. Unless the context
otherwise requires, each reference in this Agreement to “each Borrower” or “the
respective Borrower” shall be deemed to be a reference to each Borrower on a
joint and several basis.

          “Borrowing”: Term Loans of the same Type made, converted or continued
on the same date, and in the case of Eurocurrency Loans, as to which a single
Interest Period is in effect.

          “Borrowing Date”: (i) in respect of the incurrence of Initial Term
Loans, the Closing Date and (ii) in respect of the incurrence of Incremental
Term Loans, the respective Incremental Term Loan Borrowing Date relating to such
Incremental Term Loans.

          “Business Day”: a day other than a Saturday, Sunday or other day on
which commercial banks in New York, New York are authorized or required by law
to close, except that, when used in connection with a Eurocurrency Loan,
“Business Day” shall mean any Business Day on which dealings in Dollars between
banks may be carried on in London, England and New York, New York.

          “Canadian Finco”: a special purpose company having unlimited liability
organized under the laws of Canada or a province thereof, 100% of the Capital
Stock of which is owned by RSC.

          “Capital Stock”: any and all shares, interests, participations or
other equivalents (however designated) of capital stock of a corporation, any
and all equivalent ownership interests in a Person (other than a corporation)
and any and all warrants or options to purchase any of the foregoing.

-4-

 

          “Cash Equivalents”: (a) securities issued or fully guaranteed or
insured by the United States government or any agency or instrumentality
thereof, (b) time deposits, certificates of deposit or bankers’ acceptances of
(i) any Lender or Affiliate thereof or (ii) any commercial bank having capital
and surplus in excess of $500,000,000 and the commercial paper of the holding
company of which is rated at least A-2 or the equivalent thereof by Standard &
Poor’s Ratings Group (a division of The McGraw Hill Companies Inc.) or any
successor rating agency (“S&P”) or at least P-2 or the equivalent thereof by
Moody’s Investors Service, Inc. or any successor rating agency (“Moody’s”) (or
if at such time neither is issuing ratings, then a comparable rating of such
other nationally recognized rating agency as shall be approved by the
Administrative Agent in its reasonable judgment), (c) commercial paper rated at
least A-2 or the equivalent thereof by S&P or at least P-2 or the equivalent
thereof by Moody’s (or if at such time neither is issuing ratings, then a
comparable rating of such other nationally recognized rating agency as shall be
approved by the Administrative Agent in its reasonable judgment), (d)
investments in money market funds complying with the risk limiting conditions of
Rule 2a-7 or any successor rule of the Securities and Exchange Commission under
the Investment Company Act, and (e) investments similar to any of the foregoing
denominated in foreign currencies approved by the board of directors of the
Parent Borrower, in each case provided in clauses (a), (b), (c) and (e) above
only, maturing within twelve months after the date of acquisition.

          “CERCLA”: the Comprehensive Environmental Response, Compensation, and
Liability Act of 1980, as the same may be amended from time to time, 42 U.S.C.A.
Section 9601 et seq.

          “Change in Law”: as defined in subsection 3.11(a).

          “Change of Control”: the occurrence of any of the following events:
(a) at any time prior to the initial registered public offering of Holdings’ or
any Parent Entity’s Voting Stock the Permitted Holders shall in the aggregate be
the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange
Act) of (x) so long as Holdings is a Subsidiary of any Parent Entity, Voting
Stock having less than 51% of the total voting power of all outstanding Capital
Stock of such Parent Entity (other than a Parent Entity that is a Subsidiary of
another Parent Entity) and (y) if Holdings is not a Subsidiary of any Parent
Entity, shares of Voting Stock having less than 51% of the total voting power of
all outstanding shares of Holdings; (b) on and after the date of the initial
registered public offering of Holdings’ or any Parent Entity’s Voting Stock, (i)
(x) the Permitted Holders shall in the aggregate be the “beneficial owner” (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act) of (A) so long as
Holdings is a Subsidiary of any Parent Entity, Voting Stock having less than 35%
of the total voting power of all outstanding Capital Stock of such Parent Entity
(other than a Parent Entity that is a Subsidiary of another Parent Entity) and
(B) if Holdings is not a Subsidiary of any Parent Entity, Voting Stock having
less than 35% of the total voting power of all outstanding Capital Stock of
Holdings and (y) any “person” or “group” (as such terms are used in Sections
13(d) and 14(d) of the Exchange Act), other than one or more Permitted Holders,
shall be the “beneficial owner” of (A) so long as Holdings is a Subsidiary of
any Parent Entity, Voting Stock having more than 35% of the total voting power
of all outstanding Capital Stock of such Parent Entity (other than a Parent
Entity that is a Subsidiary of another Parent Entity) and (B) if Holdings is not
a Subsidiary of any Parent Entity, Voting Stock having more than 35% of the
total voting power of

-5-

 

all outstanding Capital Stock of Holdings or (ii) the Continuing Directors shall
cease to constitute a majority of the members of the board of directors of RSC;
(c) Holdings shall cease to own, directly or indirectly, 100% of the Capital
Stock of the Parent Borrower; provided that the Parent Borrower may, to the
extent permitted by subsection 7.4. merge or consolidate with or into another
U.S. Borrower; (d) the Parent Borrower shall cease to own, directly or
indirectly, 100% of the Capital Stock of RSC; provided that RSC may, to the
extent permitted by subsection 7.4, merge or consolidate with or into the Parent
Borrower and the Parent Borrower may merge with or into RSC; or
(e) any “Change of Control” as defined in any ABL Loan Document or Senior Note Document shall
have occurred.

          “Closing Date”: the date on which all the conditions precedent set
forth in subsection 6.1 shall be satisfied or waived and the Initial Term Loans
have been incurred hereunder.

          “CNAI”: as defined in the Recitals hereto.

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

          “Collateral”: all assets of the Loan Parties, now owned or hereafter
acquired, upon which a Lien is purported to be created by any Security Document.

          “Collateral Agent”: DBNY, in its capacity as collateral agent for the
Lenders hereunder, and shall include any successor to the Collateral Agent
appointed pursuant to subsection 9.10.

          “Commonly Controlled Entity”: an entity, whether or not incorporated,
which is under common control with Holdings or any of its Subsidiaries within
the meaning of Section 4001 of ERISA or is part of a group which includes
Holdings or any of its Subsidiaries and which is treated as a single employer
under Section 414(b) or (c) of the Code or, solely for purposes of Section 302
of ERISA and Section 412 of the Code, is treated as a single employer under
Sections 414(m) and (o) of the Code.

          “Company Material Adverse Effect”: any fact, circumstance, change,
occurrence or development that has a material adverse effect on the business,
assets, liabilities, results of operations or condition (financial or otherwise)
of the Recapitalized Business, taken as a whole, but shall exclude any fact,
circumstance, change, occurrence or development resulting from or relating to
(i) events affecting the North American, European, Asian or global economy or
capital or financial markets generally, (ii) changes in conditions in the
industries in which the Recapitalized Business operates, (iii) changes in laws,
regulations, or GAAP, or in the authoritative interpretations thereof or in
regulatory guidance related thereto, (iv) earthquakes or similar catastrophes,
or acts of war (whether declared or undeclared), sabotage, terrorism, military
action or any escalation or worsening thereof, or (v) other than for purposes of
Sections 4.2 and 5.2 of the Recapitalization Agreement, the announcement or
performance of the Recapitalization Agreement or the transactions contemplated
thereby, unless, in the case of items (i)-(iv) above, any such fact,
circumstance, change, occurrence or development disproportionately affects the
Recapitalized Business, taken as a whole.

-6-

 

          “Conduit Lender”: any special purpose corporation organized and
administered by any Lender for the purpose of making Term Loans otherwise
required to be made by such Lender and designated by such Lender in a written
instrument delivered to the Administrative Agent (a copy of which shall be
provided by the Administrative Agent to the Parent Borrower on request);
provided that the designation by any Lender of a Conduit Lender shall not
relieve the designating Lender of any of its obligations under this Agreement,
including its obligation to fund a Term Loan if, for any reason, its Conduit
Lender fails to fund any such Term Loan, and the designating Lender (and not the
Conduit Lender) shall have the sole right and responsibility to deliver all
consents and waivers required or requested under this Agreement with respect to
its Conduit Lender, and provided, further, that no Conduit Lender shall (a) be
entitled to receive any greater amount pursuant to any provision of this
Agreement, including without limitation subsection 3.10, 3.11, 3.12 or 10.5,
than the designating Lender would have been entitled to receive in respect of
the extensions of credit made by such Conduit Lender if such designating Lender
had not designated such Conduit Lender hereunder, (b) be deemed to have any Term
Loan Commitment or (c) be so designated if such designation would otherwise
increase the costs of any Tranche to any Borrower.

          “Confidential Information Memorandum”: that certain Confidential
Information Memorandum (Public Version) dated November 6, 2006 and furnished to
the Lenders.

          “Consolidated Indebtedness”: at the date of determination thereof, an
amount equal to all debt of the Parent Borrower and its consolidated
Subsidiaries as determined on a consolidated basis and as disclosed on the
Parent Borrower’s consolidated balance sheet most recently delivered pursuant to
subsection 6.1.

          “Consolidated Interest Expense”: for any period, an amount equal to
(a) interest expense (accrued and paid or payable in cash for such period, and
in any event excluding any amortization or write off of financing costs) on
Indebtedness of the Parent Borrower and its consolidated Subsidiaries for such
period minus (b) interest income (accrued and received or receivable in cash for
such period) of the Parent Borrower and its consolidated Subsidiaries for such
period, in each case determined on a consolidated basis in accordance with GAAP;
provided that for purposes of calculating the Consolidated Interest Expense for
any period of four fiscal quarters ending prior to December 31, 2007,
Consolidated Interest Expense for such period of four fiscal quarters shall be
deemed to be (i) in the case of the period ending at the end of the fiscal
quarter ending March 31, 2007, Consolidated Interest Expense for such fiscal
quarter multiplied by 4, (ii) in the case of the period ending at the end of the
fiscal quarter ending June 30, 2007, Consolidated Interest Expense for the
period of two fiscal quarters ending at the end of such fiscal quarter
multiplied by 2 and (iii) in the case of the period ending at the end of the
fiscal quarter ending September 30, 2007 Consolidated Interest Expense for the
period of three fiscal quarters ending at the end of such fiscal quarter
multiplied by 4/3.

          “Consolidated Net Income”: for any period, net income of the Parent
Borrower and its consolidated Subsidiaries for such period, determined on a
consolidated basis in accordance with GAAP.

          “Consolidated Secured Indebtedness”: all Consolidated Indebtedness
that is secured by a Lien on any property owned by the Parent Borrower or any of
its Subsidiaries.

-7-

 

          “Consolidated Secured Leverage Ratio”: the ratio of Consolidated
Secured Indebtedness at such time to EBITDA for the period of four consecutive
fiscal quarters then most recently ended.

          “Consolidated Total Leverage Ratio”: as of the last day of any period,
the ratio of (a) Consolidated Indebtedness on such day to (b) EBITDA for such
period, or the period of four full fiscal quarters most recently ended prior to
such date for which financial statements of the Parent Borrower have been
required to be delivered under subsection 6.1(a) or (b), respectively.

          “Continuing Directors”: the directors of RSC on the Closing Date,
after giving effect to the Transaction and the other transactions contemplated
thereby, and each other director if, in each case, such other director’s
nomination for election to the board of directors of RSC is recommended by at
least a majority of the then Continuing Directors or the election of such other
director is approved by one or more Permitted Holders.

          “Contractual Obligation”: as to any Person, any provision of any
material security issued by such Person or of any material agreement, instrument
or other undertaking to which such Person is a party or by which it or any of
its property is bound.

          “Credit Agreement Party”: Holdings and each Borrower.

          “DBNY”: Deutsche Bank AG, New York Branch, in its individual capacity,
and any successor corporation thereto by merger, consolidation or otherwise.

          “DBSI”: Deutsche Bank Securities Inc., in its individual capacity, and
any successor corporation thereto by merger, consolidation or otherwise.

          “Debt Financing”: the debt financing transactions contemplated under
(a) the Loan Documents, (b) the ABL Loan Documents and (c) the Senior Note
Documents, in each case, including any Interest Rate Protection Agreements
related thereto.

          “Default”: any of the events specified in Section 8, whether or not
any requirement for the giving of notice, the lapse of time, or both, or any
other condition specified in Section 8, has been satisfied.

          “Defaulting Lender”: as defined in subsection 3.8(c).

          “Disinterested Director”: with respect to any Person and transaction,
a member of the board of directors of such Person who does not have any material
direct or indirect financial interest in or with respect to such transaction.

          “Disposition”: as defined in the definition of the term “Asset Sale”
in this subsection 1.1.

          “Dollars” and “$”: dollars in lawful currency of the United States of
America.

          “Domestic Subsidiary”: any Subsidiary of the Parent Borrower which is
not a Foreign Subsidiary.

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          “EBITDA”: for any period, the sum of Consolidated Net Income for such
period adjusted (i) to exclude the following items (without duplication) of
income or expense to the extent that such items are included in the calculation
of Consolidated Net Income: (A) Consolidated Interest Expense, (B) any non-cash
expenses and charges, (C) total income tax expense, (D) depreciation expense,
(E) the expense associated with amortization of intangible and other assets
(including amortization or other expense recognition of any costs associated
with asset write-ups in accordance with APB Nos. 16 and 17), (F) non-cash
provisions for reserves for discontinued operations, (G) any extraordinary,
unusual or non-recurring gains or losses or charges or credits, including but
not limited to any expenses relating to the Transaction and any non-recurring or
extraordinary items paid or accrued during such period relating to deferred
compensation owed to any Management Investor that was cancelled, waived or
exchanged in connection with the grant to such Management Investor of the right
to receive or acquire shares of common stock of Holdings or any Parent Entity,
(H) any gain or loss associated with the sale or write-down of assets (other
than Rental Fleet) not in the ordinary course of business, (I) any income or
loss accounted for by the equity method of accounting (except in the case of
income to the extent of the amount of cash dividends or cash distributions
actually paid to the Parent Borrower or any of its Subsidiaries by the entity
accounted for by the equity method of accounting) and (J) fees paid to any
Sponsor or any Affiliate of any Sponsor for the rendering of management
consulting, monitoring or financial advisory services for compensation not to
exceed in the aggregate $6,000,000 in any Fiscal Year and (ii) by reducing
EBITDA (as otherwise determined above) by the amount of all dividends paid by
the Parent Borrower during the relevant period pursuant to any of clauses (a)
and (b) of subsection 7.6 (in each case, unless and to the extent (x) the amount
paid with such dividends by Holdings or any Parent Entity would not, if the
respective expense or other item had been incurred directly by the Parent
Borrower, have reduced EBITDA determined in accordance with the foregoing
provisions of this definition or (y) such dividend is paid by the Parent
Borrower in respect of an expense or other item that has resulted in, or will
result in, a reduction of EBITDA, as calculated above). For the purposes of
calculating EBITDA for any period of four consecutive fiscal quarters (each, a
“Reference Period”), (i) if at any time during such Reference Period (and after
the Closing Date) the Parent Borrower or any of its Subsidiaries shall have made
any Material Disposition, the EBITDA for such Reference Period shall be reduced
by an amount equal to the EBITDA (if positive) attributable to the property that
is the subject of such Material Disposition for such Reference Period or
increased by an amount equal to the EBITDA (if negative) attributable thereto
for such Reference Period and (ii) if during such Reference Period (and after
the Closing Date) the Parent Borrower or any of its Subsidiaries shall have made
a Material Acquisition, EBITDA for such Reference Period shall be calculated
after giving pro forma effect thereto in accordance with Regulation S-X or in
such other manner acceptable to the Administrative Agent as if such Material
Acquisition occurred on the first day of such Reference Period. As used in this
definition, “Material Acquisition” means any acquisition of property or series
of related acquisitions of property that (x) constitutes assets comprising all
or substantially all of an operating unit of a business or constitutes all
 or
substantially all of the common stock of a Person and (y) involves the payment
of consideration by the Parent Borrower or any of its Subsidiaries in excess of
$5,000,000; and “Material Disposition” means any Disposition of property or
series of related Dispositions of property that (x) constitutes assets
comprising all or substantially all of an operating unit of a business or
constitutes all or substantially all of the common stock of a Person and (y)
yields gross proceeds to the Parent Borrower or any of its Subsidiaries in
excess

-9-

 

of $5,000,000; provided that for any applicable periods prior to the Closing
Date EBITDA shall be determined in respect to the Parent Borrower and its
predecessors.

          “Environmental Costs”: any and all costs or expenses (including
attorney’s and consultant’s fees, investigation and laboratory fees, response
costs, court costs and litigation expenses, fines, penalties, damages,
settlement payments, judgments and awards), of whatever kind or nature, known or
unknown, contingent or otherwise, arising out of, or in any way relating to, any
actual or alleged violation of, noncompliance with or liability under any
Environmental Laws. Environmental Costs include any and all of the foregoing,
without regard to whether they arise out of or are related to any past, pending
or threatened proceeding of any kind.

          “Environmental Laws”: any and all U.S., Canadian or foreign federal,
state, provincial, territorial, foreign, local or municipal laws, rules, orders,
enforceable guidelines, orders-in-council, regulations, statutes, ordinances,
codes, decrees, and such requirements of any Governmental Authority properly
promulgated and having the force and effect of law or other Requirements of Law
(including common law) regulating, relating to or imposing liability or
standards of conduct concerning protection of human health (as it relates to
exposure to Materials of Environmental Concern) or the environment, as have
been, or now or at any relevant time hereafter are, in effect.

          “Environmental Permits”: any and all permits, licenses, approvals,
registrations, notifications, exemptions and any other authorization required
under any Environmental Law.

          “Equipment”: any equipment owned by or leased to the Parent Borrower
or any of its Subsidiaries that is revenue earning equipment, or is classified
as “revenue earning equipment” in the consolidated financial statements of the
Parent Borrower, including any such equipment consisting of (i) backhoes,
dozers, excavators, forklifts, loaders, scissors, tractors, trenchers, trucks
and trailers or other similar equipment, (ii) construction, industrial,
commercial and office equipment, (iii) earthmoving, material handling,
compaction, aerial and electrical equipment, (iv) air compressors, pumps and
small tools, and (v) other personal property.

          “Equity Financing”: as defined in the Recitals hereto.

          “Equity Investors”: the Sponsors, the Sellers and each other person
that has made a direct or indirect equity investment in ACNA on the Closing Date
as contemplated in the Recitals hereto.

          “ERISA”: the Employee Retirement Income Security Act of 1974, as
amended from time to time.

          “Eurocurrency Base Rate”: with respect to each day during each
Interest Period pertaining to a Eurocurrency Loan, the rate per annum determined
by the Administrative Agent to be the arithmetic mean (rounded to the nearest
1/100th of 1%) of the offered rates for deposits in Dollars with a term
comparable to such Interest Period that appears on the Telerate British Bankers
Assoc. Interest Settlement Rates Page (as defined below) at approximately 11:00
A.M., London time, on the second full Business Day preceding the first day of
such Interest Period; provided, however, that if there shall at any time no
longer exist a Telerate British Bankers Assoc. Interest Settlement Rates Page,
“Eurocurrency Base Rate” shall mean, with respect to

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each day during each Interest Period pertaining to a Eurocurrency Loan, the rate
per annum equal to the rate at which the Administrative Agent is offered
deposits in Dollars at or about 10:00 A.M., New York City time, two Business
Days prior to the beginning of such Interest Period in the interbank
eurocurrency market where the eurocurrency and foreign currency and exchange
operations in respect of Dollars are then being conducted for delivery on the
first day of such Interest Period for the number of days of such Interest Period
and in an amount comparable to the amount of its Eurocurrency Loan to be
outstanding during such Interest Period. “Telerate British Bankers Assoc.
Interest Settlement Rates Page” shall mean the display designated as Page 3750
on the Telerate System (or such other page as may replace such page on such
service for the purpose of displaying the rates at which Dollar deposits are
offered by leading banks in the London interbank deposit market).

          “Eurocurrency Loans”: Term Loans the rate of interest applicable to
which is based upon the Eurocurrency Rate.

          “Eurocurrency Rate”: with respect to each day during each Interest
Period pertaining to a Eurocurrency Loan, a rate per annum determined for such
day in accordance with the following formula (rounded upward to the nearest
1/100th of 1%):

Eurocurrency Base Rate

1.00
- Eurocurrency Reserve Requirements

          “Eurocurrency Reserve Requirements”: for any day as applied to a
Eurocurrency Loan, the aggregate (without duplication) of the rates (expressed
as a decimal fraction) of reserve requirements in effect on such day (including
basic, supplemental, marginal and emergency reserves under any regulations of
the Board or other Governmental Authority having jurisdiction with respect
thereto) dealing with reserve requirements prescribed for eurocurrency funding
(currently referred to as “Eurocurrency Liabilities” in Regulation D of the
Board) maintained by a member bank of the Federal Reserve System.

          “Event of Default”: any of the events specified in Section 8, provided
that any requirement for the giving of notice, the lapse of time, or both, or
any other condition specified in Section 8, has been satisfied.

          “Exchange Act”: the Securities Exchange Act of 1934, as amended from
time to time.

          “Federal Funds Effective Rate”: as defined in the definition of the
term “ABR” in this subsection 1.1.

          “Financing Lease”: any lease of property, real or personal, the
obligations of the lessee in respect of which are required in accordance with
GAAP to be capitalized on a balance sheet of the lessee.

          “FIRREA”: the Financial Institutions Reform, Recovery and Enforcement
Act of 1989, as amended from time to time.

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          “Fiscal Year”: any period of twelve consecutive months ending on
December 31 of any calendar year.

          “Foreign Pension Plan”: a registered pension plan which is subject to
applicable pension legislation other than ERISA or the Code, which the Parent
Borrower or a Subsidiary sponsors or maintains, or to which it makes or is
obligated to make contributions.

          “Foreign Plan”: each Foreign Pension Plan, deferred compensation or
other retirement or superannuation plan, fund, program, agreement, commitment or
arrangement whether oral or written, funded or unfunded, sponsored, established,
maintained or contributed to, or required to be contributed to, or with respect
to which any liability is borne, outside the United States of America, by the
Parent Borrower or any of its Subsidiaries, other than any such plan, fund,
program, agreement or arrangement sponsored by a Governmental Authority.

          “Foreign Subsidiary”: any Subsidiary of the Parent Borrower which is
organized and existing under the laws of any jurisdiction outside of the United
States of America or that is a Foreign Subsidiary Holdco. For the avoidance of
doubt, any Subsidiary of the Parent Borrower which is organized and existing
under the laws of Puerto Rico shall be a Foreign Subsidiary.

          “Foreign Subsidiary Holdco”: any Subsidiary of the Parent Borrower, so
long as such Subsidiary has no material assets other than securities of one or
more Foreign Subsidiaries and Indebtedness issued by such Foreign Subsidiaries
(or Subsidiaries thereof), and other assets relating to an ownership interest in
any such securities, Indebtedness or Subsidiaries.

          “GAAP”: with respect to the covenants contained in subsection 7.1, and
all defined terms relating thereto, and the defined term “Company Material
Adverse Effect”, generally accepted accounting principles in the United States
of America in effect on the Closing Date, and, for all other purposes under this
Agreement, generally accepted accounting principles in the United States of
America in effect from time to time.

          “GE”: General Electric Capital Corporation.

          “Governmental Authority”: any nation or government, any state or other
political subdivision thereof and any entity exercising executive, legislative,
judicial, regulatory or administrative functions of or pertaining to government,
including the European Union.

          “Guarantee and Collateral Agreement”: the Guarantee and Collateral
Agreement delivered to the Collateral Agent as of the date hereof, substantially
in the form of Exhibit E, as the same may be amended, supplemented, waived or
otherwise modified from time to time.

          “Guarantee Obligation”: as to any Person (the “guaranteeing person”),
any obligation of (a) the guaranteeing person or (b) another Person (including
any bank under any letter of credit) to induce the creation of which the
guaranteeing person has issued a reimbursement, counterindemnity or similar
obligation, in either case guaranteeing or in effect guaranteeing any
Indebtedness, leases, dividends or other obligations (the “primary obligations”)
of any other third Person (the “primary obligor”) in any manner, whether
directly or indirectly, including any such obligation of the guaranteeing
person, whether or not contingent, (i) to purchase any such primary obligation
or any property constituting direct or indirect security

-12-

 

therefor, (ii) to advance or supply funds (A) for the purchase or payment of any
such primary obligation or (B) to maintain working capital or equity capital of
the primary obligor or otherwise to maintain the net worth or solvency of the
primary obligor, (iii) to purchase property, securities or services primarily
for the purpose of assuring the owner of any such primary obligation of the
ability of the primary obligor to make payment of such primary obligation or
(iv) otherwise to assure or hold harmless the owner of any such primary
obligation against loss in respect thereof; provided, however, that the term
Guarantee Obligation shall not include endorsements of instruments for deposit
or collection in the ordinary course of business. The amount of any Guarantee
Obligation of any guaranteeing person shall be deemed to be the lower of (a) an
amount equal to the stated or determinable amount of the primary obligation in
respect of which such Guarantee Obligation is made and (b) the maximum amount
for which such guaranteeing person may be liable pursuant to the terms of the
instrument embodying such Guarantee Obligation, unless such primary obligation
and the maximum amount for which such guaranteeing person may be liable are not
stated or determinable, in which case the amount of such Guarantee Obligation
shall be such guaranteeing person’s maximum reasonably anticipated liability in
respect thereof as determined by the Parent Borrower in good faith.

          “Guaranteed Creditors”: the Administrative Agent, the Collateral
Agent, the Lenders and each party (other than any Loan Party) party to an
Interest Rate Protection Agreement or Permitted Hedging Agreement to the extent
such party constitutes a Secured Party under the Security Documents.

          “Guarantor Obligations”: as defined in the Guarantee and Collateral
Agreement as though Holdings were a Guarantor thereunder.

          “Guarantors”: the collective reference to Holdings, the Borrowers and
each Subsidiary of the Parent Borrower (other than (a) a Borrower, (b) any
Foreign Subsidiary and (c) any Subsidiary of a Foreign Subsidiary) which is from
time to time party to the Guarantee and Collateral Agreement; individually, a
“Guarantor”.

          “Holdings”: as defined in the Preamble hereto.

          “Immaterial Subsidiary”: any Subsidiary that (i) had less than
$5,000,000 of annual revenues and less than $5,000,000 of assets and (ii) has
been designated as such by the Parent Borrower in a written notice delivered to
the U.S. Administrative Agent (other than any such Subsidiary as to which the
Parent Borrower has revoked such designation by written notice to the U.S.
Administrative Agent); provided that at no time shall the Immaterial
Subsidiaries so designated by the Parent Borrower have annual revenues or assets
in excess of $10,000,000 in the aggregate.

          “Incremental Lender”: as defined in subsection 2.5(b).

          “Incremental Term Loan”: as defined in subsection 2.1(b).

          “Incremental Term Loan Borrowing Date”: for any Incremental Term Loan,
the date specified as such in the respective Incremental Term Loan Commitment
Agreement pursuant to which such Incremental Term Loans are to be made.

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          “Incremental Term Loan Commitment”: for each Incremental Lender, the
commitment of such Incremental Lender to make Incremental Term Loans pursuant to
subsection 2.1(b) on a given Incremental Term Loan Borrowing Date, as such
commitment (x) is set forth in the respective Incremental Term Loan Commitment
Agreement delivered pursuant to subsection 2.5(b) or (y) may be terminated
pursuant to subsection 3.4(g) or (h) or Section 8.

          “Incremental Term Loan Commitment Agreement”: each Incremental Term
Loan Commitment Agreement in substantially the form of Exhibit B (appropriately
completed) executed and delivered in accordance with subsection 2.5(b).

          “Incremental Term Loan Maturity Date”: for any New Tranche, the
maturity date set forth for such New Tranche of Incremental Term Loans in the
respective Incremental Term Loan Commitment Agreement relating thereto, provided
that the maturity date for all Incremental Term Loans of a given Tranche shall
be the same date.

          “Incremental Term Loan Note”: as defined in subsection 2.2(b).

          “Indebtedness”: of any Person at any date, (a) all indebtedness of
such Person for borrowed money or for the deferred purchase price of property or
services (other than trade liabilities incurred in the ordinary course of
business and payable in accordance with customary practices), (b) any other
indebtedness of such Person which is evidenced by a note, bond, debenture or
similar instrument, (c) all obligations of such Person under Financing Leases,
(d) all obligations of such Person in respect of letters of credit, bankers’
acceptances or bank guarantees issued or created for the account of such Person,
(e) for purposes of subsection 7.1 and subsection 8(e) only, all obligations of
such Person in respect of interest rate protection agreements, interest rate
futures, interest rate options, interest rate caps and any other interest rate
hedge arrangements, and (f) all indebtedness or obligations of the types
referred to in the preceding clauses (a) through (e) to the extent secured by
any Lien on any property owned by such Person even though such Person has not
assumed or otherwise become liable for the payment thereof.

          “Initial Term Loan”: as defined in subsection 2.1(a).

          “Initial Term Loan Commitment”: with respect to each Lender, the
commitment of such Lender hereunder to make Initial Term Loans to the Borrowers
in the principal amount set forth opposite its name on Schedule A hereto. The
original aggregate amount of the Initial Term Loan Commitments on the Closing
Date is $1,130,000,000.

          “Initial Term Loan Maturity Date”: November 30, 2013.

          “Initial Term Loan Note”: as defined in subsection 2.2(a).

          “Insolvency”: with respect to any Multiemployer Plan, the condition
that such Plan is insolvent within the meaning of Section 4245 of ERISA.

          “Insolvent”: pertaining to a condition of Insolvency.

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          “Intellectual Property”: all United States and foreign patents, patent
applications, trademarks, trademark applications, trade names, copyrights,
technology, know-how and processes.

          “Intercreditor Agreement”: the Intercreditor Agreement, dated as of
the date hereof, among the Collateral Agent, the U.S. collateral agent under the
ABL Credit Agreement, and certain of the Loan Parties, as the same may be
amended, modified and/or supplemented from time to time in accordance with the
terms thereof.

          “Interest Payment Date”: (a) as to any ABR Loan, the last day of each
March, June, September and December to occur while such Term Loan is
outstanding, and the final maturity date of such Term Loan, (b) as to any
Eurocurrency Loan having an Interest Period of three months or less, the last
day of such Interest Period, and (c) as to any Eurocurrency Loan having an
Interest Period longer than three months, (i) each day which is three months, or
a whole multiple thereof, after the first day of such Interest Period and (ii)
the last day of such Interest Period.

          “Interest Period”: with respect to any Eurocurrency Loan:

     (a) initially, the period commencing on the borrowing or conversion
date, as the case may be, with respect to such Eurocurrency Loan and ending
one, two, three or six months (or nine or twelve months, to the extent
agreed to by all Lenders of the respective Tranche of such Term Loan)
thereafter, as selected by the applicable Borrower in its notice of
borrowing or notice of conversion, as the case may be, given with respect
thereto; and

     (b) thereafter, each period commencing on the last day of the next
preceding Interest Period applicable to such Eurocurrency Loan and ending
one, two, three or six months (or nine or twelve months, to the extent
agreed to by all Lenders of the respective Tranche of such Term Loan)
thereafter, as selected by the applicable Borrower by irrevocable notice to
the Administrative Agent, as applicable, not less than three Business Days
prior to the last day of the then current Interest Period with respect
thereto;

provided that all of the foregoing provisions relating to Interest Periods are
subject to the following:

     (A) if any Interest Period would otherwise end on a day that is not a
Business Day, such Interest Period shall be extended to the next succeeding
Business Day unless the result of such extension would be to carry such
Interest Period into another calendar month in which event such Interest
Period shall end on the immediately preceding Business Day;

     (B) any Interest Period that would otherwise extend beyond the
respective Maturity Date for any Term Loans shall (for all purposes other
than subsection 3.12) end on the respective Maturity Date for such Term
Loans;

     (C) any Interest Period that begins on the last Business Day of a
calendar month (or on a day for which there is no numerically corresponding
day in the calendar month at

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the end of such Interest Period) shall end on the last Business Day of a
calendar month; and

     (D) the applicable Borrower shall select Interest Periods so as not to
require a scheduled payment of any Eurocurrency Loan during an Interest
Period for such Eurocurrency Loan.

          “Interest Rate Protection Agreement”: any interest rate protection
agreement, interest rate future, interest rate option, interest rate cap or
collar or other interest rate hedge arrangement in form and substance, and for a
term, reasonably satisfactory to the Administrative Agent, to or under which the
Parent Borrower or any of its Subsidiaries is or becomes a party or a
beneficiary.

          “Investment Company Act”: the Investment Company Act of 1940, as
amended from time to time.

          “Investments”: as defined in subsection 7.7.

          “Lead Arrangers”: DBSI and Citigroup Global Markets Inc., as Joint
Lead Arrangers and Joint Bookrunners.

          “Lenders”: the several banks and other financial institutions from
time to time parties to this Agreement together with, in each case, any
affiliate of any such bank or financial institution through which such bank or
financial institution elects, by notice to the Administrative Agent and the
Parent Borrower, to make any Term Loans, provided that for all purposes of
voting or consenting with respect to (a) any amendment, supplementation or
modification of any Loan Document, (b) any waiver of any of the requirements of
any Loan Document or any Default or Event of Default and its consequences or (c)
any other matter as to which a Lender may vote or consent pursuant to subsection
10.1 hereof, the bank or financial institution making such election shall be
deemed the “Lender” rather than such affiliate, which shall not be entitled to
so vote or consent.

          “Lien”: any mortgage, pledge, hypothecation, assignment, security
deposit arrangement, encumbrance, lien (statutory or other), charge or other
security interest or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including, without
limitation, any conditional sale or other title retention agreement and any
Financing Lease having substantially the same economic effect as any of the
foregoing).

          “Loan Documents”: this Agreement, any Notes, the Intercreditor
Agreement, the Guarantee and Collateral Agreement, any other Security Documents,
any Incremental Term Loan Commitment Agreement and any Borrower Joinder
Agreement, each as amended, supplemented, waived or otherwise modified from time
to time.

          “Loan Parties”: Holdings, each Borrower and each other Subsidiary of
Holdings that is a party to a Loan Document; individually, a “Loan Party”.

          “Management
Investors”: the collective references to the officers,
directors, employees and other members of the management of any Parent Entity,
the Parent Borrower or

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any of their Subsidiaries, or family members or relatives thereof or trusts for
the benefit of any of the foregoing, who at any particular date shall
beneficially own or have the right to acquire, directly or indirectly, common
stock of Holdings or any Parent Entity.

          “Management Subscription Agreements”: one or more stock subscription,
stock option, grant or other agreements which have been or may be entered into
between Holdings or any Parent Entity and one or more Management Investors (or
any of their heirs, successors, assigns, legal representatives or estates), with
respect to the issuance to and/or acquisition, ownership and/or disposition by
any of such parties of common stock of Holdings or any Parent Entity, or
options, warrants, units or other rights in respect of common stock of Holdings
or any Parent Entity, any agreements entered into from time to time by
transferees of any such stock, options, warrants or other rights in connection
with the sale, transfer or reissuance thereof, and any assumptions of any of the
foregoing by third parties, as amended, supplemented, waived or otherwise
modified from time to time.

          “Margin Regulations”: as defined in subsection 5.1(f).

          “Margin Stock”: as defined in Regulation U.

          “Material Adverse Effect”: a material adverse effect on (a) the
business, operations, property or condition (financial or otherwise) of the
Parent Borrower and its Subsidiaries taken as a whole or (b) the validity or
enforceability as to any Loan Party party thereto of this Agreement or any of the
other Loan Documents or the rights or remedies of the Administrative Agent, the
Collateral Agent and the Lenders under the Loan Documents, in each case taken as
a whole.

          “Material Subsidiaries”: Subsidiaries of Holdings constituting,
individually or in the aggregate (as if such Subsidiaries constituted a single
Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under
Regulation S-X.

          “Materials of Environmental Concern”: any hazardous or toxic
substances or materials or wastes defined, listed, or regulated as such in or
under, or which may give rise to liability under, any applicable Environmental
Law, including gasoline, petroleum (including crude oil or any fraction
thereof), petroleum products or by-products, asbestos, polychlorinated biphenyls
and urea-formaldehyde insulation.

          “Maturity Date”: with respect to any Tranche, the final maturity date
under such Tranche (i.e., the Initial Term Maturity Date and each Incremental
Term Loan Maturity Date, as the case may be).

          “Moody’s”: as defined in the definition of “Cash Equivalents” in this
subsection 1.1.

          “Mortgaged Properties”: any real property owned in fee by Holdings or
any of its Subsidiaries which is encumbered (or required to be encumbered) by a
Mortgage pursuant to the terms hereof.

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          “Mortgages”: each of the mortgages, deeds of trust, deeds to secure
debt and similar security instruments, if any, executed and delivered by any
Loan Party to the Administrative Agent, substantially in a form reasonably
satisfactory to the Administrative Agent and the Parent Borrower, as the same
may be amended, supplemented, waived or otherwise modified from time to time.

          “Multiemployer Plan”: a Plan which is a multiemployer plan as defined
in Section 4001(a)(3) of ERISA.

          “Net Cash Proceeds”: with respect to any Asset Sale (including any
Sale and Leaseback Transaction), any Recovery Event, or the issuance of any debt
securities or any borrowings by Holdings or any of its Subsidiaries, an amount
equal to the gross proceeds in cash and Cash Equivalents of such Asset Sale,
Recovery Event, sale, issuance or borrowing, net of (a) reasonable attorneys’
fees, accountants’ fees, brokerage, consultant and other customary fees,
underwriting commissions and other reasonable fees and expenses actually
incurred in connection with such Asset Sale, Recovery Event, sale, issuance or
borrowing, (b) taxes paid or reasonably estimated to be payable as a result
thereof, (c) appropriate amounts provided or to be provided by Holdings or any
of its Subsidiaries as a reserve, in accordance with GAAP, with respect to any
liabilities associated with such Asset Sale or Recovery Event and retained by
Holdings or any such Subsidiary after such Asset Sale or Recovery Event and
other appropriate amounts to be used by Holdings or any of its Subsidiaries to
discharge or pay on a current basis any other liabilities associated with such
Asset Sale or Recovery Event, (d) in the case of an Asset Sale, Recovery Event
or Sale and Leaseback Transaction of or involving an asset subject to a Lien
securing any Indebtedness, payments made and installment payments required to be
made to repay such Indebtedness, including payments in respect of principal,
interest and prepayment premiums and penalties, (e) in the case of any Asset
Sale, Recovery Event or Sale and Leaseback Transaction of or involving an asset
of any Foreign Subsidiary that is not a Loan Party, any amount which may not be
applied as provided in subsection 4.4(b) pursuant to any applicable restrictions
under the terms of any Indebtedness of any Foreign Subsidiary that is not a Loan
Party and (f) in the case of any Asset Sale, any portion of the proceeds thereof
attributable to the Disposition of revenue earning equipment as part of such
Asset Sale.

          “New Tranche”: each Tranche of Incremental Term Loans other than the
Initial Term Loans.

          “Non-Consenting Lender”: as defined in subsection 10.1(d).

          “Non-Defaulting Lender”: any Lender other than a Defaulting Lender.

          “Non-Excluded Taxes”: as defined in subsection 3.11(a).

          “Non-Guarantor Subsidiary”: any Subsidiary of the Parent Borrower that
is neither a Borrower nor a Subsidiary Guarantor.

          “Notes”: the Initial Term Notes and the Incremental Term Loan Notes.

          “Oak Hill”: as defined in the Recitals hereto.

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          “Obligations”: all obligations (including guaranty obligations) of
every nature of each Loan Party from time to time owed to the Agents (including
former Agents), the Lenders or any of them, under any Loan Document, whether for
principal, premium, interest (including interest accruing after the filing of a
petition in bankruptcy or a similar proceeding with respect to such Loan Party),
fees, expenses, indemnification (including, without limitation, pursuant to
subsection 10.5) or otherwise.

          “Parent Borrower”: as defined in the Preamble hereto.

          “Parent Entity”: Holdings and any other company that is a Subsidiary
of either of the Sponsors or their respective Sponsor Affiliates (or, if the
Sponsors’ and their respective Sponsor Affiliates’ equity interests were
aggregated, that would be a Subsidiary of such Persons acting together) of which
Holdings is a Subsidiary.

          “Parent Entity Expenses”: expenses, taxes and other amounts incurred
or payable by any Parent Entity in respect of which the Parent Borrower is
permitted to make dividends or other payments pursuant to subsection 7.6.

          “Participant”: as defined in subsection 10.6(c)(i).

          “PBGC”: the Pension Benefit Guaranty Corporation established pursuant
to Subtitle A of Title IV of ERISA (or any successor thereto).

          “Permitted Hedging Arrangement”: as defined in subsection 7.16.

          “Permitted Holders”: (a) any of Ripplewood, Oak Hill and any of their
respective Affiliates; (b) any investment fund or vehicle managed, sponsored or
advised by Ripplewood, Oak Hill or any Affiliate thereof, and any Affiliate of
or successor to any such investment fund or vehicle; (c) for purposes of the
definition of “Change of Control” only, any Equity Investor (other than those
described in clauses (a) and (b) above) and the Management Investors; provided
that any Voting Stock of Holdings or any other Parent Entity, as applicable,
held by such Equity Investors and Management Investors (taken together) in
excess of 15% of the total voting power of all outstanding Voting Stock of
Holdings or the applicable Parent Entity shall be deemed not to be held by a
Permitted Holder for the purposes of determining whether a Change of Control has
occurred; and (d) any Person while acting in the capacity of an underwriter in
connection with a public or private offering of Capital Stock of Holdings or any
other Parent Entity, in the case of preceding clauses (a) and (b), other than
any of either Sponsor’s portfolio companies or any entity controlled by any such
portfolio company.

          “Permitted Liens”: as defined in subsection 7.2.

          “Person”: an individual, partnership, corporation, limited liability
company, business trust, joint stock company, trust, unincorporated association,
joint venture, Governmental Authority or other entity of whatever nature.

          “Plan”: at a particular time, any employee benefit plan which is
covered by ERISA and in respect of which Holdings or a Commonly Controlled
Entity is an “employer” as defined in Section 3(5) of ERISA.

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          “Prime Rate”: as defined in the definition of the term “ABR” in this
subsection 1.1.

          “Recapitalization”: as defined in the Recitals hereto.

          “Recapitalization Agreement”: as defined in the Recitals hereto.

          “Recapitalization Documents”: the Recapitalization Agreement and each
other document or agreement relating to the Recapitalization as the same may be
amended, modified and/or supplemented from time to time in accordance with the
terms hereof and thereof.

          “Recapitalized Business”: RSC and RSC Canada.

          “Recovery Event”: any settlement of or payment in respect of any
property or casualty insurance claim or any condemnation proceeding relating to
any asset of Holdings or any of its Subsidiaries giving rise to Net Cash
Proceeds to Holdings or such Subsidiary, as the case may be, in excess of
$10,000,000, to the extent that such settlement or payment does not constitute
reimbursement or compensation for amounts previously paid by Holdings or any of
its Subsidiaries in respect of such casualty or condemnation.

          “Refinance”: with respect to any then outstanding Indebtedness, the
issuance of Indebtedness issued or given in exchange for, or the proceeds of
which are used to, extend, refinance, renew, replace, substitute or refund such
theretofore outstanding Indebtedness.

          “Register”: as defined in subsection 10.6(b)(iv).

          “Regulation S-X”: Regulation S-X promulgated by the Securities and
Exchange Commission, as in effect on the Closing Date.

          “Regulation T”: Regulation T of the Board as in effect from time to
time.

          “Regulation U”: Regulation U of the Board as in effect from time to
time.

          “Regulation X”: Regulation X of the Board as in effect from time to time.

          “Reinvested Amount”: with respect to any Asset Sale permitted by
subsection 7.5(h) or Recovery Event, that portion of the Net Cash Proceeds
thereof (which portion shall not exceed, with respect to any Asset Sale
occurring on or after the Closing Date (but not any Recovery Event),
$125,000,000 minus the aggregate Reinvested Amounts with respect to all such
Asset Sales on or after the Closing Date) as shall, according to a certificate
of a Responsible Officer of the Parent Borrower delivered to the Administrative
Agent within 30 days of such Asset Sale or Recovery Event, be reinvested in the
business of the Parent Borrower and its Subsidiaries in a manner consistent with
the requirements of subsection 7.16 and the other provisions hereof within 180
days of the receipt of such Net Cash Proceeds with respect to any such Asset
Sale or Recovery Event or, if such reinvestment is in a project authorized by
the board of directors of RSC or any Parent Entity that will take longer than
such 180 days to complete, the period of time necessary to complete such
project; provided that if any such certificate of a Responsible Officer is not
delivered to the Administrative Agent on the date

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of such Asset Sale or Recovery Event, subject to the terms of the Intercreditor
Agreement, any Net Cash Proceeds of such Asset Sale or Recovery Event shall be
immediately deposited in a cash collateral account established at the
Administrative Agent to be held as collateral in favor of the Administrative
Agent for the benefit of the Lenders on terms reasonably satisfactory to the
Administrative Agent, and shall remain on deposit in such cash collateral
account until such certificate of a Responsible Officer is delivered to the
Administrative Agent.

          “Related Taxes”: (x) any taxes, charges or assessments, including but
not limited to sales, use, transfer, rental, ad valorem, value-added, stamp,
property, consumption, franchise, license, capital, net worth, gross receipts,
excise, occupancy, intangibles or similar taxes, charges or assessments (other
than federal, state or local taxes measured by income and federal, state or
local withholding imposed by any government or other taxing authority on
payments made by Holdings or any Parent Entity other than to Holdings or another
Parent Entity), required to be paid by Holdings or any Parent Entity by virtue
of its being incorporated or having Capital Stock outstanding (but not by virtue
of owning stock or other equity interests of any corporation or other entity
other than the Parent Borrower, any of its Subsidiaries, Holdings or any Parent
Entity), or being a holding company parent of the Parent Borrower, any of its
Subsidiaries, Holdings or any Parent Entity or receiving dividends from or other
distributions in respect of the Capital Stock of the Parent Borrower, any of its
Subsidiaries, Holdings or any Parent Entity, or having guaranteed any
obligations of the Parent Borrower or any Subsidiary thereof, or having made any
payment in respect of any of the items for which the Parent Borrower or any of
its Subsidiaries is permitted to make payments to Holdings or any Parent Entity
pursuant to subsection 7.6, or acquiring, developing, maintaining, owning,
prosecuting, protecting or defending its Intellectual Property and associated
rights (including but not limited to receiving or paying royalties for the use
thereof) relating to the business or businesses of the Parent Borrower or any
Subsidiary thereof, (y) any taxes as to which ACNA has a right to
indemnification pursuant to the Recapitalization Agreement but fails to receive
payment of such indemnification owed after diligent efforts to collect such
amounts, and any taxes attributable to (i) ACNA’s receipt of, entitlement to, or
obligation to make any payment required or contemplated by the Recapitalization
Agreement and the exhibits thereto (including the Indemnification Agreement (as
defined in the Recapitalization Agreement)) or (ii) the issuance by ACNA of a
Seller Note or (z) any other federal, state, foreign, provincial or local taxes
measured by income for which Holdings or any Parent Entity is liable up to an
amount not to exceed, with respect to federal taxes, the amount of any such
taxes that the Parent Borrower and its Subsidiaries would have been required to
pay on a separate company basis, or on a consolidated basis as if the Parent
Borrower had filed a consolidated return on behalf of an affiliated group (as
defined in Section 1504 of the Code or an analogous provision of state, local or
foreign law) of which it was the common parent, or with respect to state and
local taxes, the amount of any such taxes that the Parent Borrower and its
Subsidiaries would have been required to pay on a separate company basis, or on
a combined basis as if the Parent Borrower had filed a combined return on behalf
of an affiliated group consisting only of the Parent Borrower and its
Subsidiaries.

          “Reorganization”: with respect to any Multiemployer Plan, the
condition that such plan is in reorganization within the meaning of Section 4241
of ERISA.

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          “Reportable Event”: any of the events set forth in Section 4043(c) of
ERISA, other than those events as to which the thirty day notice period is
waived under subsections .22, .23, .25, .27 or .28 of PBGC Reg. § 4043 or
any successor regulation thereto.

          “Required Lenders”: Non-Defaulting Lenders, the sum of whose
outstanding principal amount of Term Loans plus outstanding Incremental Term
Loan Commitments represents at least a majority of the sum of the aggregate
principal amount of all outstanding Term Loans plus the aggregate amount of all
outstanding Incremental Term Loan Commitments.

          “Requirement of Law”: as to any Person, the certificate of
incorporation and by-laws or other organizational or governing documents of such
Person, and any law, statute, ordinance, code, decree, treaty, rule or
regulation or determination of an arbitrator or a court or other Governmental
Authority, in each case applicable to or binding upon such Person or any of its
material property or to which such Person or any of its material property is
subject, including laws, ordinances and regulations pertaining to zoning,
occupancy and subdivision of real properties; provided that the foregoing shall
not apply to any non-binding recommendation of any Governmental Authority.

          “Responsible Officer”: as to any Person, any of the following officers
of such Person: (a) the chief executive officer or the president of such Person
or, with respect to financial matters, the chief financial officer, the
treasurer or the controller of such Person, (b) any vice president of such
Person or, with respect to financial matters, any assistant treasurer or
assistant controller of such Person, who has been designated in writing to the
Administrative Agent as a Responsible Officer by the chief executive officer or
president of such Person or, with respect to financial matters, such chief
financial officer of such Person, (c) with respect to subsection 6.7 and without
limiting the foregoing, the general counsel of such Person and (d) with respect
to ERISA matters, the senior vice president — human resources (or substantial
equivalent) of such Person.

          “Ripplewood”: as defined in the Recitals.

          “RSC”: as defined in the Preamble hereto.

          “RSC Canada”: Rental Service Corporation of Canada Ltd., a corporation
incorporated and existing under the laws of the Province of Alberta.

          “RSC LLC I”: as defined in the Recitals.

          “S&P”: as defined in the definition of the term “Cash Equivalents” in
this subsection 1.1.

          “Sale and Leaseback Real Properties”: as defined in subsection 7.10.

          “Sale and Leaseback Transaction”: as defined in subsection 7.10.

          “Secured Parties”: as defined in the Guarantee and Collateral
Agreement.

          “Securities Act”: the Securities Act of 1933, as amended from time to
time.

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          “Security Documents”: the collective reference to each Mortgage, the
Guarantee and Collateral Agreement and all other similar security documents
hereafter delivered to the Collateral Agent granting a Lien on any asset or
assets of any Person to secure the obligations and liabilities of the Loan
Parties hereunder and/or under any of the other Loan Documents or to secure any
guarantee of any such obligations and liabilities, including any security
documents executed and delivered or caused to be delivered to the Collateral
Agent pursuant to subsection 6.9(b) or 6.9(c), in each case, as amended,
supplemented, waived or otherwise modified from time to time.

          “Seller”: Atlas Copco AB, a company organized under the laws of
Sweden, and Atlas Copco Finance S.à.r.l., a company organized under the laws of
Luxembourg.

          “Seller Note”: collectively, one or more promissory notes issued by
ACNA (or an Affiliate of ACNA other than a Loan Party or a Subsidiary of the
Loan Parties) pursuant to the terms of the Recapitalization Agreement.

          “Senior Note Documents”: the Senior Note Indenture, the Senior Notes
and each other document or agreement relating to the issuance of the Senior
Notes, as the same may be amended, supplemented, waived or otherwise modified
from time to time in accordance with the terms thereof and subsection 7.12.

          “Senior Note Indenture”: the Indenture governing the Senior Notes,
dated November 27, 2006, among the Parent Borrower and RSC, as Co-Issuers, the
Guarantors from time to time party thereto and Wells Fargo Bank, National
Association, as Trustee, as the same may be amended, supplemented, waived or
otherwise modified from time to time in accordance with the terms thereof and
subsection 7.12.

          “Senior Notes”: 9.5% Senior Notes due 2014 of the Parent Borrower and
RSC issued on the date hereof, as the same may be exchanged for substantially
similar unsecured senior notes, that have been registered under the Securities
Act, and as the same or such substantially similar notes may be amended,
supplemented, waived or otherwise modified from time to time in accordance with
the terms thereof subsection 7.12.

          “Set”: the collective reference to Eurocurrency Loans of a single
Tranche, the then current Interest Periods with respect to all of which begin on
the same date and end on the same later date (whether or not such Term Loans
shall originally have been made on the same day).

          “Single Employer Plan”: any Plan which is covered by Title IV of
ERISA, but which is not a Multiemployer Plan.

          “Solvent” and “Solvency”: with respect to any Person on a particular
date, the condition that, on such date, (a) the fair value of the property of
such Person is greater than the total amount of liabilities, including
contingent liabilities, of such Person, (b) the present fair salable value of
the assets of such Person is not less than the amount that will be required to
pay the probable liability of such Person on its debts as they become absolute
and matured, (c) such Person does not intend to, and does not believe that it
will, incur debts or liabilities beyond such Person’s ability to pay as such
debts and liabilities mature, and (d) such Person is not engaged in

-23-

 

business or a transaction, and is not about to engage in business or a
transaction, for which such Person’s property would constitute an unreasonably
small amount of capital.

          “Sponsor”: as defined in the Recitals hereto.

          “Subsidiary”: as to any Person, a corporation, partnership, limited
liability company or other entity (a) of which shares of stock or other
ownership interests having ordinary voting power (other than such stock or such
other ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of
such corporation, partnership, limited liability company or other entity are at
the time owned by such Person, or (b) the management of which is otherwise
controlled, directly or indirectly through one or more intermediaries, or both,
by such Person and, in the case of this clause (b), which is treated as a
consolidated subsidiary for accounting purposes. Unless otherwise qualified, all
references to a “Subsidiary” or to “Subsidiaries” in this Agreement shall refer
to a Subsidiary or Subsidiaries of the Parent Borrower.

          “Subsidiary Guaranty”: the guaranty of the Obligations of the
Borrowers under the Loan Documents provided pursuant to the Guarantee and
Collateral Agreement.

          “Subsidiary Guarantor”: each Domestic Subsidiary of the Parent
Borrower which executes and delivers a Subsidiary Guaranty, in each case, unless
and until such time as the respective Subsidiary Guarantor ceases to constitute
a Domestic Subsidiary of the Parent Borrower or is released from all of its
obligations under the Subsidiary Guaranty in accordance with the provisions
thereof.

          “Supermajority Lenders”: Lenders the sum of whose outstanding Term
Loans and outstanding Term Loan Commitments representing at least 66 2/3% of the
sum of the aggregate outstanding principal amount of Term Loans and the Total
Term Loan Commitment less the Commitments of all Defaulting Lenders at such
time.

          “Syndication Agent”: as defined in the Preamble hereto.

          “Syndication Date”: the date on which the Administrative Agent, in its
sole discretion, advises the Parent Borrower that the primary syndication of the
Initial Term Loans has been completed.

          “Tax Sharing Agreement”: that certain Tax Sharing Agreement, dated as
of the date hereof, among ACNA, RSC LLC I, Holdings, the Parent Borrower and
RSC, as the same may be amended, modified and/or supplemented from time to time
in accordance with the terms hereof and thereof.

          “Taxes”: as defined in subsection 3.11(a).

          “Term Loan”: as defined in subsection 2.5(b).

          “Term Loan Commitment”: as to any Lender, its Initial Term Loan
Commitment or its Incremental Term Loan Commitment, as the case may be.

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          “Term Loan Note”: each Initial Term Loan Note and each Incremental
Term Loan Note.

          “Total Term Loan Commitment”: at any time, the sum of the Term Loan
Commitments of all of the Lenders at such time.

          “Tranche”: the respective facility and commitments utilized in making
Term Loans hereunder, with there being one Tranche on the Closing Date
(consisting of the Initial Term Loan Commitments and the extensions of credit
(i.e., Initial Term Loans) pursuant thereto. In addition, any Incremental Term
Loans extended after the Closing Date shall be made pursuant to the Tranche of
Initial Term Loans or one or more additional Tranches which shall be designated
pursuant to the respective Incremental Term Loan Commitment Agreements in
accordance with the relevant requirements specified in Section 2.5.

          “Transaction”: collectively, (i) the entering into of the Loan
Documents and the incurrence of Term Loans on the Closing Date, (ii) the
consummation of the Recapitalization, (iii) the issuance of the Senior Notes,
(iv) the incurrence of loans under the ABL Credit Agreement on the Closing Date
and (v) the payment of all fees and expenses in connection with the foregoing.

          “Transaction Documents”: (i) the Loan Documents, (ii) the
Recapitalization Documents, (iii) the ABL Loan Documents and (iv) the Senior
Note Documents.

          “Transferee”: any Participant or Assignee.

          “Type”: the type of Term Loan determined based on the currency in
which the same is denominated, and the interest option applicable thereto, with
there being multiple Types of Term Loans hereunder, namely ABR Loans and
Eurocurrency Loans.

          “UCC”: the Uniform Commercial Code as in effect in the State of New
York from time to time.

          “Underfunding”: the excess of the present value of all accrued
benefits under a Plan (based on those assumptions used to fund such Plan),
determined as of the most recent annual valuation date, over the value of the
assets of such Plan allocable to such accrued benefits.

          “U.S. Tax Compliance Certificate”: as defined in subsection 3.11(b).

          “Voting Stock”: shares of Capital Stock entitled to vote generally in
the election of directors.

          “Waivable Prepayment”: as defined in subsection 3.4(e)

          “Weighted Average Life to Maturity”: when applied to any Indebtedness
at any date, the number of years obtained by dividing (i) the then outstanding
principal amount of such Indebtedness into (ii) the product obtained by
multiplying (x) the amount of each then remaining installment or other required
scheduled payments of principal, including payment at final

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maturity, in respect thereof, by (y) the number of years (calculated to the
nearest one-twelfth) that will elapse between such date and the making of such
payment.

          “Wholly Owned Subsidiary”: as to any Person, any Subsidiary of such
Person of which such Person owns, directly or indirectly through one or more
Wholly Owned Subsidiaries, all of the Capital Stock of such Subsidiary other
than directors qualifying shares or shares held by nominees.

          1.2 Other Definitional Provisions. (a) Unless otherwise specified
therein, all terms defined in this Agreement shall have the defined meanings
provided herein when used in any Notes, any other Loan Document or any
certificate or other document made or delivered pursuant hereto or thereto.

          (b) As used herein and in any Notes and any other Loan Document, and
any certificate or other document made or delivered pursuant hereto or thereto,
accounting terms relating to Holdings and its Subsidiaries not defined in
subsection 1.1 and accounting terms partly defined in subsection 1.1, to the
extent not defined, shall have the respective meanings given to them under GAAP.

          (c) The words “hereof”, “herein” and “hereunder” and words of similar
import when used in this Agreement shall refer to this Agreement as a whole and
not to any particular provision of this Agreement, and Section, subsection,
Schedule and Exhibit references are to this Agreement unless otherwise
specified. The words “include”, “includes” and “including” shall be deemed to be
followed by the phrase “without limitation”.

          (d) The meanings given to terms defined herein shall be equally
applicable to both the singular and plural forms of such terms.

          Section 2. Amount and Terms of Term Loan Commitments.

          2.1 Initial Term Loans. (a) Subject to the terms and conditions
hereof, (a) each Lender holding an Initial Term Loan Commitment severally agrees
to make in a single draw, on the Closing Date, one or more term loans to the
Borrowers, on a joint and several basis (each, an “Initial Term Loan” and,
collectively the “Initial Term Loans”), which Initial Term Loans:

     (i) shall be denominated in Dollars;

     (ii) shall, at the option of the Parent Borrower, be incurred and
maintained as, and/or converted into, ABR Loans or Eurocurrency Loans,
provided that except as otherwise specifically provided in subsection 3.9
and 3.10, all Initial Term Loans comprising the same Borrowing shall at all
times be of the same Type; and

     (iii) shall be made by each such Lender in an aggregate principal
amount which does not exceed the Initial Term Loan Commitment of such
Lender.

Once repaid, Initial Term Loans incurred hereunder may not be reborrowed.

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          (b) Subject to subsection 2.5 and the other terms and conditions
hereof, (a) each Lender holding an Incremental Term Loan Commitment severally
agrees to make, pursuant to a single drawing on the respective Incremental Term
Loan Borrowing Date, one or more term loans (each, an “Incremental Term Loan”
and, collectively the “Incremental Term Loans”, and, together with the Initial
Term Loans, the “Term Loans”), which Incremental Term Loans:

     (i) shall be denominated in Dollars;

     (ii) shall, at the option of the Parent Borrower, be incurred and
maintained as, and/or converted into, ABR Loans or Eurocurrency Loans,
provided that except as otherwise specifically provided in subsection 3.9
and 3.10, all Incremental Term Loans comprising the same Borrowing shall at
all times be of the same Type; and

     (iii) shall be made by each such Lender in an aggregate principal
amount which does not exceed the Incremental Term Loan Commitment of such
Lender.

Once repaid, Incremental Term Loans incurred hereunder may not be reborrowed.

          2.2 Term Loan Notes. (a) The Parent Borrower agrees that, upon the
request to the Administrative Agent by any Lender made on or prior to the
Closing Date or in connection with any assignment pursuant to subsection
10.6(b), in order to evidence such Lender’s Initial Term Loan, the Parent
Borrower will execute and deliver to such Lender a promissory note substantially
in the form of Exhibit A-1 (each, as amended, supplemented, replaced or
otherwise modified from time to time, a “Initial Term Loan Note”), with
appropriate insertions therein as to payee, date and principal amount, payable
to such Lender and in a principal amount equal to the unpaid principal amount of
the applicable Initial Term Loans made (or acquired by assignment pursuant to
subsection 10.6(b)) by such Lender to the Parent Borrower. Each Initial Term
Loan Note shall be dated the Closing Date (or in the case of an Initial Term
Loan Note issued in connection with Initial Term Loans acquired by assignment
pursuant to subsection 10.6(b), the date of such assignment). Each Initial Term
Loan Note shall be payable as provided in subsection 2.2(c) and (z) provide for
the payment of interest in accordance with subsection 3.1.

          (b) Each Borrower agrees that, upon the request to the Administrative
Agent by any Lender made on or prior to the Incremental Term Loan Borrowing Date
or in connection with any assignment pursuant to subsection 10.6(b), in order to
evidence such Lender’s Incremental Term Loan, such Borrower will execute and
deliver to such Lender a promissory note substantially in the form of Exhibit
A-2 (each, as amended, supplemented, replaced or otherwise modified from time to
time, an “Incremental Term Loan Note”), with appropriate insertions therein as
to payee, date and principal amount, payable to such Lender and in a principal
amount equal to the unpaid principal amount of the applicable Incremental Term
Loans made (or acquired by assignment pursuant to subsection 10.6(b)) by such
Lender to the Parent Borrower. Each Incremental Term Loan Note shall be dated
the applicable Incremental Term Loan Borrowing Date (or in the case of an
Incremental Term Loan Note issued in connection with Incremental Term Loans
acquired by assignment pursuant to such subsection 10.6(b), the date of such
assignment). Each Incremental Term Loan Note shall be payable as provided in
subsection 2.2(c) and (z) provide for the payment of interest in accordance with
subsection 3.1.

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          (c) All outstanding aggregate Term Loans of each of the Lenders shall
be due and payable on the applicable Maturity Date therefor.

          (d) For the avoidance of doubt it is acknowledged and agreed by the
parties hereto, that RSC, as co-obligor of any Loan made to another Borrower,
hereby unconditionally promises to pay to the Administrative Agent any amount
required to be paid by such Borrower pursuant to subsection 2.2(c) or any other
provision to this Agreement. Any reference to a Loan being made hereunder shall
be treated as also having been made to RSC as co-obligor.

          2.3 Procedure for Term Loan Borrowing. The Parent Borrower shall give
the Administrative Agent irrevocable notice (which notice must be received by
the Administrative Agent prior to 11:00 A.M., New York City time), (i) in the
case of Initial Term Loans, at least one Business Day prior to the Closing Date,
and (ii) in the case of Incremental Term Loans, at least three Business Days
prior to the date of Borrowing, in each case specifying the amount to be
borrowed and the applicable Borrower; provided that, such Borrowings shall be
made in minimum increments of $25,000,000. Upon receipt of such notice the
Administrative Agent shall promptly notify each applicable Lender thereof. Each
applicable Lender will make the amount of its pro rata share of the applicable
Borrowing available to the Administrative Agent for the account of the
applicable Borrower at the office of the Administrative Agent specified in
subsection 10.2 prior to 12:00 P.M., New York City time, on the Closing Date or
such other date of Borrowing, as applicable, in Dollars and in funds immediately
available to the Administrative Agent. The Administrative Agent shall on such
date credit the account of the applicable Borrower on the books of the
Administrative Agent with the aggregate of the amounts made available to the
Administrative Agent by the Lenders and in like funds as received by the
Administrative Agent.

          2.4 Record of Term Loans. (a) Each Lender shall maintain in accordance
with its usual practice an account or accounts evidencing indebtedness of each
of the Borrowers to such Lender resulting from each Term Loan of such Lender
from time to time, including the amounts of principal and interest payable and
paid to such Lender from time to time under this Agreement.

          (b) The Administrative Agent shall maintain the Register pursuant to
subsection 10.6(b), and a subaccount therein for each Lender, in which shall be
recorded (i) the amount of each Term Loan made hereunder, the Type thereof, the
Borrowers to which such Loan is made and each Interest Period, if any,
applicable thereto, (ii) the amount of any principal or interest due and payable
or to become due and payable from each of the Borrowers to each applicable
Lender hereunder and (iii) both the amount of any sum received by the
Administrative Agent hereunder from each of the Borrowers and each applicable
Lender’s share thereof.

          (c) The entries made in the Register and the accounts of each Lender
maintained pursuant to subsection 2.4(b) shall, to the extent permitted by
applicable law, be prima facie evidence of the existence and amounts of the
obligations of each of the Borrowers therein recorded; provided, however, that
the failure of any Lender or the Administrative Agent to maintain the Register
or any such account, or any error therein, shall not in any manner affect the
obligation of the Borrowers to repay (with applicable interest) the Term Loans
made to the Borrowers by such Lender in accordance with the terms of this
Agreement.

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          2.5 Incremental Term Loan Commitments. (a) So long as the Syndication
Date has occurred and no Default or Event of Default then exists or would result
therefrom, the Parent Borrower have the right to request on one or more
occasions on and after the Closing Date that one or more Lenders (and/or one or
more other Persons which will become Lenders as provided below) provide
Incremental Term Loan Commitments under any existing Tranche or one or more
additional Tranches and, subject to the terms and conditions contained in this
Agreement, make Incremental Term Loans pursuant thereto, it being understood and
agreed, however, that:

     (i) no Lender shall be obligated to provide an Incremental Term Loan
Commitment as a result of any such request by the Parent Borrower, and
until such time, if any, as such Lender has agreed in its sole discretion
to provide an Incremental Term Loan Commitment and executed and delivered
to the Administrative Agent and Parent Borrower an Incremental Term Loan
Commitment Agreement as provided in clause (b) of this subsection 2.5, such
Lender shall not be obligated to fund any Incremental Term Loans,

     (ii) any Lender (or, in the circumstances contemplated by clause (vii)
below, any other Person) may so provide an Incremental Term Loan Commitment
without the consent of any other Lender,

     (iii) each provision of Incremental Term Loan Commitments pursuant to
this subsection 2.5 on a given date shall be in a minimum aggregate amount
(for all Lenders (including in the circumstances contemplated by clause
(vii) below, any other Person who will become Lenders)) of at least
$25,000,000,

     (iv) the aggregate amount of all Incremental Term Loan Commitments
permitted to be provided pursuant to this subsection 2.5 shall not exceed
$300,000,000,

     (v) the relevant Incremental Term Loan Commitment Agreement shall
specifically set forth the Tranche of the Incremental Term Loan Commitments
being provided thereunder,

     (vi) each Lender agreeing to provide an Incremental Term Loan
Commitment under a Tranche, shall make Incremental Term Loans under the
Tranche specified in the relevant Incremental Term Loan Commitment
Agreement pursuant to subsection 2.1(b) and such Incremental Term Loans
shall thereafter be deemed to be Term Loans under the relevant Tranche for
all purposes of this Agreement and the other Loan Documents,

     (vii) if, within 5 Business Days after the Parent Borrower has
requested the then existing Lenders to provide Incremental Term Loan
Commitments pursuant to this subsection 2.5 the Parent Borrower has not
received Incremental Term Loan Commitments in an aggregate amount equal to
that amount of Incremental Term Loan Commitments which the Parent Borrower
desires to obtain pursuant to such request (as set forth in the notice
provided by the Parent Borrower as provided below the Administrative Agent,
in consultation with the Parent Borrower, will use its reasonable best
efforts to arrange for other Persons to become Lenders or to provide
Incremental

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Term Loan Commitments, as applicable, hereunder and to issue commitments in
an amount equal to the amount of the increase in the Incremental Term Loan
Commitments requested by the Parent Borrower, as the case may be, and not
accepted by the existing Lenders (each Person issuing, or Lender
increasing, its Commitment, an “Additional Commitment Lender”), provided,
however, any Additional Commitment Lender which is not an existing Lender
shall be subject to the approval of the Administrative Agent and the Parent
Borrower,

     (viii) no Incremental Term Loan may be incurred unless on a pro forma
basis after giving effect to the incurrence of such Incremental Term Loan
and the application of the proceeds thereof the consolidated Total Leverage
Ratio for the then most recently ended period of four consecutive fiscal
quarters is not greater than 4.00:1.00 and the Consolidated Secured
Leverage Ratio for the then most recently ended period of four consecutive
fiscal quarters is not greater than 3.00:1.00,

     (ix) if Incremental Term Loans incurred pursuant to an Incremental
Term Loan Commitment are under a New Tranche, the Applicable Margin for
such New Tranche of Incremental Term Loans, the Incremental Term Loan
Maturity Date for such New Tranche and the scheduled repayments for such
New Tranche and the other terms of such New Tranche shall be set forth in
the related Incremental Term Loan Commitment Agreement and shall be
reasonably satisfactory in all respects to the Administrative Agent,

     (x) all actions taken by the Parent Borrower pursuant to this
subsection 2.5 shall be done in consultation with the Administrative Agent,
and

     (xi) no Tranche of Incremental Term Loans shall have a Maturity Date
prior to the Initial Term Loan Maturity Date.

          (b) At the time of any provision of Incremental Term Loan Commitments
pursuant to this subsection 2.5,

     (i) the Parent Borrower, the Administrative Agent and each such Lender
or other Person (each an “Incremental Lender”) which agrees to provide an
Incremental Term Loan Commitment shall execute and deliver to the
Administrative Agent and the Parent Borrower an Incremental Term Loan
Commitment Agreement substantially in the form of Exhibit B hereto
(appropriately completed) pursuant to which the respective Incremental Term
Loan Commitments shall be provided, with the effectiveness of such
Incremental Lender’s Incremental Commitment to occur on the date set forth
in such Incremental Term Loan Commitment Agreement and the payment of any
fees required in connection therewith,

     (ii) the Administrative Agent shall have received evidence reasonably
satisfactory to it that the additional obligations to be incurred pursuant
to the Incremental Term Loans are permitted by the terms of the outstanding
Indebtedness of Holdings and its Subsidiaries including, without
limitation, the ABL Loan Documents and the Senior Note Documents,

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     (iii) to the extent requested by the Administrative Agent, the Parent
Borrower, shall deliver to the Administrative Agent an opinion or opinions,
in form and substance reasonably satisfactory to the Administrative Agent,
from counsel to the Parent Borrower reasonably satisfactory to the
Administrative Agent and dated such date,

     (iv) an Incremental Term Loan Note (to the extent requested) will be
issued at the Borrowers’ expense, to each such Incremental Lender, to be in
conformity with requirements of subsection 2.2(b) (with appropriate
modification) to the extent necessary to reflect Incremental Term Loans of
such Incremental Lender, and

     (v) the applicable Borrowers and Incremental Lender shall have
delivered such other instruments, documents and agreements as the
Administrative Agent may reasonably have requested in order to effectuate
the documentation of the foregoing.

The Administrative Agent shall promptly notify each Lender as to the
effectiveness of each Incremental Term Loan Commitment Agreement.

          (c) In connection with each incurrence of Incremental Term Loans
pursuant to subsection 2.1(b) that have been specified pursuant to the
respective Incremental Term Loan Commitment Agreement as being part of an
existing Tranche of Term Loans, the Lenders and the Borrowers hereby agree that,
notwithstanding anything to the contrary contained in this Agreement:

     (i) the Borrowers and the Administrative Agent may take all such
actions as may be necessary to ensure that all Lenders with outstanding
Term Loans under the relevant Tranche continue to participate in each
Borrowing of outstanding Term Loans under such Tranche (after giving effect
to the incurrence of Incremental Term Loans pursuant to subsection 2.1(b)
on a pro rata basis, including by adding the Incremental Term Loans to be
so incurred to the then outstanding Borrowings of Term Loans on a pro rata
basis even though as a result thereof such new Incremental Term Loan (to
the extent required to be maintained as Eurocurrency Loans), may
effectively have a shorter Interest Period than the then outstanding
Borrowings of Term Loans under such Tranche and it is hereby agreed that
(x) to the extent any then outstanding Borrowings of Term Loans that are
maintained as Eurocurrency Loans are affected as a result thereof, any
costs of the type described in subsection 3.12 incurred by such Lenders in
connection therewith shall be for the account of the Borrowers or (y) to
the extent the Incremental Term Loans to be so incurred are added to the
then outstanding Borrowings of Term Loans which are maintained as
Eurocurrency Loans, the Lenders that have made such additional Incremental
Term Loans shall be entitled to receive an effective interest rate on such
additional Incremental Term Loans as is equal to the Eurocurrency Rate as
in effect two Business Days prior to the incurrence of such additional
Incremental Term Loans plus the then Applicable Margin for such Tranche of
Term Loans until the end of the respective Interest Period or Interest
Periods with respect thereto,

     (ii) the Incremental Term Loans to be made pursuant to such
Incremental Term Loan Commitment Agreement shall have the same Maturity
Date and the same Weighted Average Life to Maturity as the Tranche of Term
Loans to which the new

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Incremental Term Loans are being added, and shall bear interest at the same
rates (i.e., have the same Applicable Margins) applicable to such Tranche,
and

     (iii) the new Incremental Term Loans shall have the same amortization
dates (if any) as then remain with respect to the Tranche to which such new
Incremental Term Loans are being added (with the amount of principal to be
repaid on each such amortization date applicable to such new Incremental
Term Loans to be the same (on a proportionate basis) as is theretofore
applicable to the Tranche to which such new Incremental Term Loans are
being added, thereby increasing the amount to be repaid on each then
remaining amortization date of the respective Tranche proportionately.

          (d) Each Lender hereby covenants and agrees to enter into any
technical amendments necessary in connection with the provision of Incremental
Term Loans hereunder in accordance with the provisions of this subsection 2.5
and the respective Incremental Term Loan Commitment Agreement, provided that
such amendment shall be strictly limited to the provisions necessary to
incorporate the appropriate provisions for such Incremental Term Loans.

          Section 3. General Provisions Applicable to Term Loans.

          3.1 Interest Rates and Payment Dates. (a) Each Eurocurrency Loan shall
bear interest for each day during each Interest Period with respect thereto at a
rate per annum equal to the Eurocurrency Rate determined for such day plus the
Applicable Margin in effect for such day.

          (b) Each ABR Loan shall bear interest for each day that it is
outstanding at a rate per annum equal to the ABR for such day plus the
Applicable Margin in effect for such day.

          (c) If all or a portion of (i) the principal amount of any Term Loan,
(ii) any interest payable thereon or (iii) any commitment fee or other amount
payable hereunder shall not be paid when due (whether at the stated maturity, by
acceleration or otherwise), such overdue amount shall bear interest at a rate
per annum which is (x) in the case of overdue principal, the rate that would
otherwise be applicable thereto pursuant to the relevant foregoing provisions of
subsections 3.1(a) and (b) plus 2.00%, (y) in the case of overdue interest, the
rate that would be otherwise applicable to principal of the related Term Loan
pursuant to the relevant foregoing provisions of subsections 3.1(a) and (b) plus
2.00% and (z) in the case of fees, commissions or other amounts, the rate
described in paragraph (b) of this subsection for ABR Loans plus 2.00%, in each
case from the date of such non-payment until such amount is paid in full (after
as well as before judgment).

          (d) Interest shall be payable in arrears on each Interest Payment
Date, provided that interest accruing pursuant to paragraph (c) of this
subsection shall be payable from time to time on demand.

          (e) It is the intention of the parties hereto to comply strictly with
applicable usury laws; accordingly, it is stipulated and agreed that the
aggregate of all amounts which constitute interest under applicable usury laws,
whether contracted for, charged, taken, reserved, or received, in connection
with the indebtedness evidenced by this Agreement or any Notes, or any other
document relating or referring hereto or thereto, now or hereafter existing,
shall never

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exceed under any circumstance whatsoever the maximum amount of interest allowed
by applicable usury laws.

          3.2 Conversion and Continuation Options. (a) The Parent Borrower may
elect from time to time to convert outstanding Term Loans from Eurocurrency
Loans to ABR Loans by giving the Administrative Agent at least two Business
Days’ prior irrevocable notice of such election, provided that any such
conversion of Eurocurrency Loans may only be made on the last day of an Interest
Period with respect thereto. The Parent Borrower may elect from time to time to
convert outstanding Term Loans from ABR Loans to Eurocurrency Loans by giving
the Administrative Agent at least three Business Days’ prior irrevocable notice
of such election. Any such notice of conversion to Eurocurrency Loans shall
specify the length of the initial Interest Period or Interest Periods therefor.
Upon receipt of any such notice the Administrative Agent shall promptly notify
each affected Lender thereof. All or any part of outstanding Eurocurrency Loans
and ABR Loans may be converted as provided herein, provided that (i) (unless the
Required Lenders otherwise consent) no Term Loan may be converted into a
Eurocurrency Loan when any Default or Event of Default has occurred and is
continuing and, in the case of any Default, the Administrative Agent has given
notice to the Parent Borrower that no such conversions may be made and (ii) no
Term Loan may be converted into a Eurocurrency Loan after the date that is one
month prior to the Maturity Date therefor.

          (b) Any Eurocurrency Loan may be continued as such upon the expiration
of the then current Interest Period with respect thereto by the Parent Borrower
giving notice to the Administrative Agent of the length of the next Interest
Period to be applicable to such Term Loan, determined in accordance with the
applicable provisions of the term “Interest Period” set forth in subsection 1.1,
provided that no Eurocurrency Loan may be continued as such (i) (unless the
Required Lenders otherwise consent) when any Default or Event of Default has
occurred and is continuing and, in the case of any Default, the Administrative
Agent has given notice to the Parent Borrower that no such continuations may be
made or (ii) after the date that is one month prior to the Maturity Date
therefor, and provided, further, that if the applicable Borrower shall fail to
give any required notice as described above in this paragraph or if such
continuation is not permitted pursuant to the preceding proviso such
Eurocurrency Loans shall be automatically converted to ABR Loans on the last day
of such then expiring Interest Period. Upon receipt of any such notice of
continuation pursuant to this subsection 3.2(b), the Administrative Agent shall
promptly notify each affected Lender thereof.

          3.3 Minimum Amounts of Sets. All borrowings, conversions and
continuations of Term Loans hereunder and all selections of Interest Periods
hereunder shall be in such amounts and be made pursuant to such elections so
that, after giving effect thereto, the aggregate principal amount of the
Eurocurrency Loans comprising each Set shall be equal to $5,000,000 or a whole
multiple of $1,000,000 in excess thereof and so that there shall not be more
than 15 Sets at any one time outstanding (other than Sets comprised of new Term
Loans, if any).

          3.4
Optional and Mandatory Prepayments; Commitment Reductions. (a)
Each of the Borrowers may at any time and from time to time prepay the Term
Loans made to it, in whole or in part, subject to subsection 3.12 and paragraph
(e) of this subsection. 3.4, upon at least three Business Days’ irrevocable
notice by the applicable Borrower to the Administrative

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Agent, in the case of Eurocurrency Loans outstanding and at least one Business
Day’s irrevocable notice by the applicable Borrower to the Administrative Agent,
in the case of ABR Loans; provided that any such notice of prepayment delivered
by any such Borrower in connection with a prepayment of all outstanding
Obligations may state that such notice is conditioned upon the occurrence or
non-occurrence of any event specified therein (including the effectiveness of
other credit facilities), in which case such notice may be revoked by the
Borrowers (by written notice to the Administrative Agent on or prior to the
specified effective date) if such condition is not satisfied. Such notice shall
specify the identity of the prepaying Borrower, the date and amount of
prepayment and whether the prepayment is of Eurocurrency Loans, ABR Loans or a
combination thereof. Upon the receipt of any such notice the Administrative
Agent shall promptly notify each affected Lender thereof. If any such notice is
given, the amount specified in such notice shall (subject to the proviso
contained in the third preceding sentence) be due and payable on the date
specified therein, together with (if a Eurocurrency Loan is prepaid other than
at the end of the Interest Period applicable thereto) any amounts payable
pursuant to subsection 3.12 and accrued interest to such date on the amount
prepaid. Partial prepayments of the Incremental Term Loans pursuant to this
subsection shall be applied as set forth and as agreed to in any Incremental
Term Loan Commitment Agreements to the respective installments of principal
thereof (if any). Partial prepayments pursuant to this subsection 3.4(a) shall
be in multiples of $1,000,000; provided that, notwithstanding the foregoing, any
Term Loan may be prepaid in its entirety.

          (b) If on or after the Closing Date (i) the Parent Borrower or any of
its Subsidiaries shall incur Indebtedness for borrowed money (other than
Indebtedness permitted pursuant to subsection 7.1, except as otherwise specified
in subsection 7.1) pursuant to a public offering or private placement or
otherwise, (ii) the Parent Borrower or any of its Subsidiaries shall consummate
an Asset Sale, (iii) a Recovery Event occurs or (iv) the Parent Borrower or any
of its Subsidiaries shall enter into a Sale and Leaseback Transaction, then, in
each case, if and to the extent the applicable Net Cash Proceeds are not
required to be applied to the payment of obligations of the Borrowers or any of
their respective Affiliates that are borrowers under the ABL Credit Agreement,
the relevant Borrower shall prepay, in accordance with subsection 3.4(c), the
Term Loans in an amount equal to: (x) in the case of the incurrence of any such
Indebtedness, 100% of the Net Cash Proceeds thereof; (y) in the case of any such
Asset Sale or Recovery Event, 100% of the Net Cash Proceeds thereof minus any
Reinvested Amounts; and (z) in the case of any such Sale and Leaseback
Transaction, 100% of the Net Cash Proceeds thereof, in each case with such
prepayment to be made on the Business Day following the date of receipt of any
such Net Cash Proceeds except that, in the case of clause (y), if any such Net
Cash Proceeds are eligible to be reinvested in accordance with the definition of
the term “Reinvested Amount” in subsection 1.1 and the Parent Borrower has not
elected to reinvest such proceeds (or portion thereof, as the case may be), such
prepayment to be made on the earlier of (1) the date on which the certificate of
a Responsible Officer of the Parent Borrower to such effect is delivered to the
Administrative Agent in accordance with such definition and (2) the last day of
the period within which a certificate setting forth such election is required to
be delivered in accordance with such definition). Nothing in this paragraph (b)
shall limit the rights of the Agents and the Lenders set forth in Section 8.

          (c) Prepayments of Term Loans pursuant to subsections 3.4(b) shall be
applied pro rata to each Tranche of Term Loans (based on the relative aggregate
outstanding

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principal amount of each Tranche of Term Loans) and applied as provided in the
respective Incremental Term Loan Commitment Agreement for such Term Loans to the
respective installments of principal (if any) under each such Tranche.

          (d) Notwithstanding the foregoing provisions of this subsection 3.4,
if at any time any prepayment of the Term Loans pursuant to subsection 3.4(a) or
3.4(b) would result, after giving effect to the procedures set forth in this
Agreement, in any Borrower incurring breakage costs under subsection 3.12 as a
result of Eurocurrency Loans being prepaid other than on the last day of an
Interest Period with respect thereto, then, the relevant Borrower may, so long
as no Default or Event of Default shall have occurred and be continuing, in its
sole discretion, initially deposit a portion (up to 100%) of the amounts that
otherwise would have been paid in respect of such Eurocurrency Loans with the
Administrative Agent (which deposit must be equal in amount to the amount of
such Eurocurrency Loans not immediately prepaid), to be held as security for the
obligations of the Borrowers to make such prepayment pursuant to a cash
collateral agreement to be entered into on terms reasonably satisfactory to the
Administrative Agent with such cash collateral to be directly applied upon the
first occurrence thereafter of the last day of an Interest Period with respect
to such Eurocurrency Loans (or such earlier date or dates as shall be requested
by the Parent Borrower); provided that, such unpaid Eurocurrency Loans shall
continue to bear interest in accordance with subsection 3.1 until such unpaid
Eurocurrency Loans or the related portion of such Eurocurrency Loans have or has
been prepaid.

          (e) Notwithstanding anything to the contrary contained in this
subsection 3.4, or elsewhere in this Agreement, the Lenders shall have the
option to waive a mandatory prepayment of such Term Loans made pursuant to
paragraph (b) of this subsection 3.4 (each such prepayment, a “Waivable
Prepayment”) upon the terms and provisions set forth in this paragraph (e). If a
Lender elects to exercise the option referred to in the preceding sentence, such
Lender shall so advise the Administrative Agent no later than the close of
business two Business Days after the date such Lender receives notice of the
respective prepayment from the Administrative Agent pursuant to subsection
3.4(b) and shall notify the Administrative Agent of the amount, if any, of such
prepayment such Lender desires to receive in respect of such prepayment. If any
Lender does not reply to the Administrative Agent within the aforementioned two
Business Day period, such Lender will be deemed not to have waived any part of
such prepayment. If any Lender does not specify an amount such Lender wishes to
receive, it will be deemed to have waived 100% of the amount of its share of
such payment. In the event that any such Lender waives all or part of such right
to receive any such Waivable Prepayment, the amount so waived shall be retained
by the Borrowers.

          (f) Each prepayment of Initial Term Loans pursuant to subsection
3.4(a) made prior to November 27, 2008 shall be subject to the payment of the
fees described in subsection 3.5.

          (g) In addition to any other mandatory commitment reductions pursuant
to this subsection 3.4, the Initial Term Loan Commitment of each Lender shall
terminate in its entirety on the Closing Date (after giving effect to the
incurrence of Initial Term Loans on such date).

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          (h) In addition to any other mandatory commitment reductions pursuant
to this subsection 3.4, (i) the Incremental Term Loan Commitment of each Lender
provided pursuant to a particular Incremental Term Loan Commitment Agreement
shall be permanently reduced on each Incremental Term Loan Borrowing Date on
which Incremental Term Loans are incurred pursuant to such Incremental Term Loan
Commitment Agreement in an amount equal to the aggregate principal amount of
Incremental Term Loans made by such Lender pursuant to such Incremental Term
Loan Commitment Agreement on such date, (ii) the Incremental Term Loan
Commitment of each Lender provided pursuant to a particular Incremental Term
Loan Commitment Agreement shall terminate at 5:00 P.M. (New York City time) on
the earlier of (i) the date specified in such Incremental Term Loan Commitment
Agreement and (ii) the Initial Term Loan Maturity Date (whether or not any
Incremental Term Loans are incurred on either such date).

          (i) Upon at least three Business Days’ prior written notice to the
Administrative Agent (which notice the Administrative Agent shall promptly
transmit to each of the Lenders), the Parent Borrower (on behalf of itself and
each other Borrower) shall have the right, at any time or from time to time,
without premium or penalty to terminate any Incremental Term Loan Commitments in
whole, or reduce such commitments in part, in an integral multiple of
$10,000,000 in the case of partial reductions to unused Incremental Term Loan
Commitments.

          (j) Each reduction to, or termination of, Incremental Term Loan
Commitments pursuant to this paragraphs (g) and (h) of this subsection 3.4 shall
be applied to proportionately reduce or terminate, as the case may be, the
Incremental Term Loan Commitment of each Lender with an Incremental Term Loan
Commitment.

          3.5 Fees. (a) The Borrowers jointly and severally agree to pay to the
Administrative Agent (for the ratable distribution to each Lender holding
Initial Term Loans) upon any prepayment of principal of Initial Term Loans
pursuant to subsection 3.4(a), a fee in an amount equal to (i) in the case of
any such prepayment occurring on or prior to November 27, 2007, the product of
(x) the principal amount of Initial Term Loans being prepaid and (y) 2.0% and
(ii) in the case of any such prepayment occurring after November 27, 2007 and on
or prior to November 27, 2008, the product of (x) the principal amount of
Initial Term Loans being prepaid and (y) 1.0%.

          (b) The Borrowers jointly and severally agree to pay to the
Administrative Agent for distribution to each Non-Defaulting Lender with an
Incremental Term Loan Commitment such facility fees, commitment commission and
other amounts, if any, as are specified in the Incremental Term Loan Commitment
Agreement pursuant to which such Incremental Term Loan Commitment has been
provided, with such facility fees, commitment commission and other amounts, if
any, to be payable at the times set forth in such Incremental Term Loan
Commitment Agreement.

          (c) The Borrowers jointly and severally agree to pay to the
Administrative Agent and the Lead Arrangers any fees in the amounts and on the
dates previously agreed to in writing by Holdings, any Affiliate of Holdings,
the Lead Arrangers and the Administrative Agent in connection with this
Agreement.

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          3.6 Computation of Interest and Fees. (a) Interest (other than
interest based on the Prime Rate) and any commitment fees shall be calculated on
the basis of a 360-day year for the actual days elapsed; and interest based on
the Prime Rate shall be calculated on the basis of a 365- (or 366-day year, as
the case may be) day year for the actual days elapsed. The Administrative Agent
shall as soon as practicable notify the Parent Borrower and the affected Lenders
of each determination of a Eurocurrency Rate. Any change in the interest rate on
a Term Loan resulting from a change in the ABR or the Eurocurrency Reserve
Requirements shall become effective as of the opening of business on the day on
which such change becomes effective. The Administrative Agent shall as soon as
practicable notify the Parent Borrower and the affected Lenders of the effective
date and the amount of each such change in interest rate.

          (b) Each determination of an interest rate by the Administrative Agent
pursuant to any provision of this Agreement shall be conclusive and binding on
each of the Borrowers and the Lenders in the absence of manifest error. The
Administrative Agent shall, at the request of the Parent Borrower or any Lender,
deliver to the Parent Borrower or such Lender a statement showing in reasonable
detail the calculations used by the Administrative Agent in determining any
interest rate pursuant to subsection 3.1, excluding any Eurocurrency Base Rate
which is based upon the Telerate British Bankers Assoc. Interest Settlement
Rates Page and any ABR Loan which is based upon the Prime Rate.

          3.7 Inability to Determine Interest Rate. If prior to the first day of
any Interest Period, the Administrative Agent shall have determined (which
determination shall be conclusive and binding upon each of the Borrowers) that,
by reason of circumstances affecting the relevant market, adequate and
reasonable means do not exist for ascertaining the Eurocurrency Rate with
respect to any Eurocurrency Loan (the “Affected Rate”) for such Interest Period,
the Administrative Agent shall give telecopy or telephonic notice thereof to the
Parent Borrower and the Lenders as soon as practicable thereafter. If such
notice is given (a) any Eurocurrency Loans the rate of interest applicable to
which is based on the Affected Rate requested to be made on the first day of
such Interest Period shall be made as ABR Loans and (b) any Term Loans that were
to have been converted on the first day of such Interest Period to or continued
as Eurocurrency Loans the rate of interest applicable to which is based upon the
Affected Rate shall be converted to or continued as ABR Loans.

          3.8 Pro Rata Treatment and Payments. (a) Each payment (including each
prepayment) by the Borrowers on account of principal of and interest on any Term
Loans shall be allocated by the Administrative Agent pro rata according to the
respective outstanding principal amounts of the Term Loans then held by the
respective Lenders. All payments (including prepayments) to be made by any of
the Borrowers hereunder, whether on account of principal, interest, fees, or
otherwise, shall be made without set-off or counterclaim and shall be made prior
to 1:00 P.M., New York City time, on the due date thereof to the Administrative
Agent for the account of the Lenders holding the relevant Loans at the
Administrative Agent’s office specified in subsection 10.2, in Dollars and in
immediately available funds. Payments received by the Administrative Agent after
such time shall be deemed to have been received on the next Business Day. The
Administrative Agent shall distribute such payments to such Lenders, if any such
payment is received prior to 1:00 P.M., New York City time, on a Business Day,
in like funds as received prior to the end of such Business Day and otherwise
the Administrative Agent shall distribute such payment to such Lenders on the
next succeeding

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Business Day. If any payment hereunder (other than payments on the Eurocurrency
Loans) becomes due and payable on a day other than a Business Day, the maturity
of such payment shall be extended to the next succeeding Business Day, and, with
respect to payments of principal, interest thereon shall be payable at the then
applicable rate during such extension. If any payment on a Eurocurrency Loan
becomes due and payable on a day other than a Business Day, the maturity of such
payment shall be extended to the next succeeding Business Day (and, with respect
to payments of principal, interest thereon shall be payable at the then
applicable rate during such extension) unless the result of such extension would
be to extend such payment into another calendar month, in which event such
payment shall be made on the immediately preceding Business Day.

          (b) Unless the Administrative Agent shall have been notified in
writing by any Lender prior to a borrowing that such Lender will not make the
amount that would constitute its share of such borrowing available to the
Administrative Agent, the Administrative Agent may assume that such Lender is
making such amount available to the Administrative Agent, and the Administrative
Agent may, in reliance upon such assumption, make available to the Borrowers a
corresponding amount. If such amount is not made available to the Administrative
Agent by the required time on the Borrowing Date therefor, such Lender shall pay
to the Administrative Agent on demand, such amount with interest thereon at a
rate equal to the daily average Federal Funds Effective Rate as quoted by the
Administrative Agent for the period until such Lender makes such amount
immediately available to the Administrative Agent. A certificate of the
Administrative Agent submitted to any Lender with respect to any amounts owing
under this subsection shall be conclusive in the absence of manifest error. If
such Lender’s share of such borrowing is not made available to the
Administrative Agent by such Lender within three Business Days of such Borrowing
Date, (x) the Administrative Agent shall notify the Parent Borrower of the
failure of such Lender to make such amount available to the Administrative Agent
and the Administrative Agent shall also be entitled to recover such amount with
interest thereon at the rate per annum applicable to ABR Loans hereunder on
demand, from the Borrowers and (y) then the Borrowers may, without waiving or
limiting any rights or remedies any of them may have against such Lender
hereunder or under applicable law or otherwise, borrow a like amount on an
unsecured basis from any commercial bank for a period ending on the date upon
which such Lender does in fact make such borrowing available, provided that at
the time such borrowing is made and at all times while such amount is
outstanding the Borrowers would be permitted to borrow such amount pursuant to
subsection 2.1.

          (c) Notwithstanding anything to the contrary contained in this
Agreement:

     (i) If at any time a Lender shall not make a Loan required to be made
by it hereunder (any such Lender, a “Defaulting Lender”), the Parent
Borrower shall have the right to seek one or more Persons reasonably
satisfactory to the Administrative Agent and the Parent Borrower to each
become a substitute Lender and assume all or part of the outstanding Loans
and/or Term Loan Commitments of such Defaulting Lender. In such event, the
Parent Borrower, the Administrative Agent and any such substitute Lender
shall execute and deliver, and such Defaulting Lender shall thereupon be
deemed to have executed and delivered, an appropriately completed
Assignment and Acceptance to effect such substitution.

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     (ii) In determining the Required Lenders or Supermajority Lenders, any
Lender that at the time is a Defaulting Lender (and the Loans and/or Term
Loan Commitment of such Defaulting Lender) shall be excluded and
disregarded. No commitment fee shall accrue for the account of a Defaulting
Lender so long as such Lender shall be a Defaulting Lender.

     (iii) If at any time any Borrower shall be required to make any
payment under any Loan Document to or for the account of a Defaulting
Lender, then such Borrower, so long as it is then permitted to borrow Term
Loans hereunder, may set off and otherwise apply its obligation to make
such payment against the obligation of such Defaulting Lender (if any) to
make such Term Loan. In such event, the amount so set off and otherwise
applied shall be deemed to constitute a Term Loan by such Defaulting Lender
made on the date of such set-off and included within any borrowing of Term
Loans as the Administrative Agent may reasonably determine.

          3.9 Illegality. Notwithstanding any other provision herein, if the
adoption of or any change in any Requirement of Law or in the interpretation or
application thereof occurring after the Closing Date shall make it unlawful for
any Lender to make or maintain any Eurocurrency Loans as contemplated by this
Agreement (“Affected Loans”), (a) such Lender shall promptly give written notice
of such circumstances to the Parent Borrower and the Administrative Agent (which
notice shall be withdrawn whenever such circumstances no longer exist), (b) the
commitment of such Lender hereunder to make Affected Loans, continue Affected
Loans as such and convert an ABR Loan to an Affected Loan shall forthwith be
cancelled and, until such time as it shall no longer be unlawful for such Lender
to make or maintain such Affected Loans, such Lender shall then have a
commitment only to make an ABR Loan when an Affected Loan is requested and (c)
such Lender’s Term Loans then outstanding as Affected Loans, if any, shall be
converted automatically to ABR Loans on the respective last days of the then
current Interest Periods with respect to such Term Loans or within such earlier
period as required by law. If any such conversion of an Affected Loan occurs on
a day which is not the last day of the then current Interest Period with respect
thereto, the Borrowers shall pay to such Lender such amounts, if any, as may be
required pursuant to subsection 3.12.

          3.10 Requirements of Law. (a) If the adoption of or any change in any
Requirement of Law or in the interpretation or application thereof applicable to
any Lender, or compliance by any Lender with any request or directive (whether
or not having the force of law) from any central bank or other Governmental
Authority, in each case made subsequent to the Closing Date (or, if later, the
date on which such Lender becomes a Lender):

     (i) shall subject such Lender to any tax of any kind whatsoever with
respect to any Eurocurrency Loans made or maintained by it or its
obligation to make or maintain Eurocurrency Loans, or change the basis of
taxation of payments to such Lender in respect thereof in each case, except
for Non-Excluded Taxes and taxes measured by or imposed upon the overall
net income, branch profit taxes or franchise taxes, or taxes measured by or
imposed upon overall capital or net worth (in the case of such capital or
net worth taxes imposed in lieu of net income taxes), of such Lender or its
applicable lending office, branch, or any affiliate thereof;

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     (ii) shall impose, modify or hold applicable any reserve, special
deposit, compulsory loan or similar requirement against assets held by,
deposits or other liabilities in or for the account of, advances, loans or
other extensions of credit by, or any other acquisition of funds by, any
office of such Lender which is not otherwise included in the determination
of the Eurocurrency Rate hereunder; or

     (iii) shall impose on such Lender any other condition (excluding any
tax of any kind whatsoever);

and the result of any of the foregoing is to increase the cost to such Lender,
by an amount which such Lender deems to be material, of making, converting into,
continuing or maintaining Eurocurrency Loans or to reduce any amount receivable
hereunder in respect thereof, then, in any such case, upon notice to the Parent
Borrower from such Lender, through the Administrative Agent, in accordance
herewith, the Borrowers shall promptly pay such Lender, upon its demand, any
additional amounts necessary to compensate such Lender for such increased cost
or reduced amount receivable with respect to such Eurocurrency Loans, provided
that, in any such case, the Parent Borrower may elect to convert the
Eurocurrency Loans made by such Lender hereunder to ABR Loans by giving the
Administrative Agent at least one Business Day’s notice of such election, in
which case the Borrowers shall promptly pay to such Lender, upon demand, without
duplication, amounts theretofore required to be paid to such Lender pursuant to
this subsection 3.10(a) and such amounts, if any, as may be required pursuant to
subsection 3.12. If any Lender becomes entitled to claim any additional amounts
pursuant to this subsection, it shall provide prompt notice thereof to the
Parent Borrower, through the Administrative Agent, certifying (x) that one of
the events described in this paragraph (a) has occurred and describing in
reasonable detail the nature of such event, (y) as to the increased cost or
reduced amount resulting from such event and (z) as to the additional amount
demanded by such Lender and a reasonably detailed explanation of the calculation
thereof. Such a certificate as to any additional amounts payable pursuant to
this subsection submitted by such Lender, through the Administrative Agent, to
the Parent Borrower shall be conclusive in the absence of manifest error. This
covenant shall survive the termination of this Agreement and the payment of the
Term Loans and all other amounts payable hereunder.

          (b) If any Lender shall have determined that the adoption of or any
change in any Requirement of Law regarding capital adequacy or in the
interpretation or application thereof or compliance by such Lender or any
corporation controlling such Lender with any request or directive regarding
capital adequacy (whether or not having the force of law) from any Governmental
Authority, in each case, made subsequent to the Closing Date, does or shall have
the effect of reducing the rate of return on such Lender’s or such corporation’s
capital as a consequence of such Lender’s obligations hereunder or under to a
level below that which such Lender or such corporation could have achieved but
for such 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 ten Business Days
after submission by such Lender to the Parent Borrower (with a copy to the
Administrative Agent) of a written request therefor certifying (x) that one of
the events described in this paragraph (b) has occurred and describing in
reasonable detail the nature of such event, (y) as to the reduction of the rate
of return on capital resulting from such event and (z) as to the additional
amount or amounts demanded by such Lender or corporation and a reasonably
detailed

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explanation of the calculation thereof, the Borrowers shall pay to such Lender
such additional amount or amounts as will compensate such Lender or corporation
for such reduction. Such a certificate as to any additional amounts payable
pursuant to this subsection submitted by such Lender, through the Administrative
Agent, to the Parent Borrower shall be conclusive in the absence of manifest
error. This covenant shall survive the termination of this Agreement and the
payment of the Term Loans and all other amounts payable hereunder.

          (c) Notwithstanding anything to the contrary in this subsection 3.10,
no Borrower shall be required to pay any amount with respect to any additional
cost or reduction specified in paragraph (a) or paragraph (b) above, to the
extent such additional cost or reduction is attributable, directly or
indirectly, to the application of, compliance with or implementation of specific
capital adequacy requirements or new methods of calculating capital adequacy,
including any part or “pillar” (including Pillar 2 (“Supervisory Review
Process”)), of the International Convergence of Capital Measurement Standards: a
Revised Framework, published by the Basel Committee on Banking Supervision in
June 2004, or any implementation, adoption (whether voluntary or compulsory)
thereof, whether by an EC Directive or the FSA Integrated Prudential Sourcebook
or any other law or regulation, or otherwise.

          3.11 Taxes. (a) Except as provided below in this subsection or as
required by law, all payments made by each of the Borrowers and the
Administrative Agent under this Agreement and any Notes shall be made free and
clear of, and without deduction or withholding for or on account of, any present
or future income, stamp or other taxes, levies, imposts, duties, charges, fees,
deductions or withholdings, now or hereafter imposed, levied, collected,
withheld or assessed by any Governmental Authority (“Taxes”), excluding Taxes
measured by or imposed upon the overall net income of the Administrative Agent
or Lender or its applicable lending office, or any branch or affiliate thereof,
and all franchise Taxes, branch Taxes, Taxes on doing business or Taxes measured
by or imposed upon the overall capital or net worth of any Administrative Agent
or Lender or its applicable lending office, or any branch or affiliate thereof,
in each case imposed: (i) by the jurisdiction under the laws of which the
Administrative Agent or Lender, applicable lending office, branch or affiliate
is organized or is located, or in which its principal executive office is
located, or any nation within which such jurisdiction is located or any
political subdivision thereof; or (ii) by reason of any connection between the
jurisdiction imposing such Tax and the Administrative Agent or Lender,
applicable lending office, branch or affiliate other than a connection arising
solely from the Administrative Agent or Lender having executed, delivered or
performed its obligations under, or received payment under or enforced, this
Agreement or any Notes. If any such non-excluded Taxes (“Non-Excluded Taxes”)
are required to be withheld from any amounts payable by any Borrower to the
Administrative Agent or any Lender hereunder or under any Notes, the amounts so
payable by such Borrower shall be increased to the extent necessary to yield to
the Administrative Agent or such Lender (after payment of all Non-Excluded
Taxes) interest or any such other amounts payable hereunder at the rates or in
the amounts specified in this Agreement; provided, however, that each of the
Borrowers shall be entitled to deduct and withhold, and the Borrowers shall not
be required to indemnify for, any Non-Excluded Taxes, and any such amounts
payable by any Borrower to, or for the account of, any Administrative Agent or
Lender, shall not be increased (x) if the Administrative Agent or Lender fails
to comply with the requirements of paragraphs (b) or (c) of this subsection or
(y) with respect to any Non-Excluded Taxes imposed in connection with the
payment of any fees paid under this Agreement unless such Non-Excluded Taxes are

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imposed as a result of a change in treaty, law or regulation that occurred after
such Lender becomes a Lender hereunder (or, if such Lender is a non-U.S.
intermediary or flow-through entity for U.S. federal income tax purposes, after
the relevant beneficiary or member of such Lender became such a beneficiary or
member, if later) (such change, at such time, a “Change in Law”) or (z) with
respect to any Non-Excluded Taxes imposed by the United States or any state or
political subdivision thereof, unless such Non-Excluded Taxes are imposed as a
result of a Change in Law. Whenever any Non-Excluded Taxes are payable by the
Borrowers, as promptly as possible thereafter the Parent Borrower shall send to
the Administrative Agent for its own account or for the account of such Lender,
as the case may be, a certified copy of an original official receipt received by
the Borrowers showing payment thereof. If any Borrower fails to pay any
Non-Excluded Taxes when due to the appropriate taxing authority or fails to
remit to the Administrative Agent the required receipts or other required
documentary evidence, the Borrowers shall jointly and severally indemnify the
Administrative Agent and the Lenders for any incremental taxes, interest or
penalties that may become payable by the Administrative Agent or any Lender as a
result of any such failure. The agreements in this subsection 3.11 shall survive
the termination of this Agreement and the payment of the Term Loans and all
other amounts payable hereunder.

          (b) Each Lender that is not incorporated under the laws of the United
States of America or a state thereof shall:

     (X) (i) on or before the date of any payment by any of the Borrowers
under this Agreement or any Notes to, or for the account of, such Lender,
deliver to the Parent Borrower and the Administrative Agent (A) two duly
completed copies of United States Internal Revenue Service Form W-8BEN
(certifying that it is a resident of the applicable country within the
meaning of the income tax treaty between the United States and that
country) or Form W-8ECI, or successor applicable form, as the case may be,
in each case certifying that it is entitled to receive all payments under
this Agreement and any Notes without deduction or withholding of any United
States federal income taxes, (B) in the case of DBNY, also deliver two duly
completed copies of Internal Revenue Service Form W-8IMY certifying that it
is a “U.S. branch” and that the payments it receives for the account of
others are not effectively connected with the conduct of its trade or
business in the United States and that it is using such form as evidence of
its agreement with the Borrowers to be treated as a U.S. person with
respect to such payments (and the Borrowers and DBNY agree to so treat DBNY
as a U.S. person with respect to such payments), with the effect that the
Borrowers can make payments to DBNY without deduction or withholding of any
Taxes imposed by the United States and (C) such other forms, documentation
or certifications, as the case may be, certifying that it is entitled to an
exemption from United States backup withholding tax with respect to
payments under this Agreement and any Notes;

     (ii) deliver to the Parent Borrower and the Administrative Agent two
further copies of any such form or certification on or before the date that
any such form or certification expires or becomes obsolete and after the
occurrence of any event requiring a change in the most recent form or
certificate previously delivered by it to the Parent Borrower; and

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     (iii) obtain such extensions of time for filing and completing such
forms or certifications as may reasonably be requested by the Parent
Borrower or the Administrative Agent; or

     (Y) in the case of any such Lender that is not a “bank” within the
meaning of Section 881(c)(3)(A) of the Code and is claiming the so-called
“portfolio interest exemption”,

     (i) represent to the Borrowers that it is not a bank within the
meaning of Section 881(c)(3)(A) of the Code;

     (ii) deliver to the Parent Borrower on or before the date of any
payment by any of the Borrowers, with a copy to the Administrative Agent,
(A) two certificates substantially in the form of Exhibit C (any such
certificate a “U.S. Tax Compliance Certificate”) and (B) two accurate and
complete original signed copies of Internal Revenue Service Form W-8BEN, or
successor applicable form certifying to such Lender’s legal entitlement at
the date of such form to an exemption from U.S. withholding tax under the
provisions of Section 871(h) or Section 881(c) of the Code with respect to
payments to be made under this Agreement and any Notes (and shall also
deliver to the Parent Borrower and the Administrative Agent two further
copies of such form or certificate on or before the date it expires or
becomes obsolete and after the occurrence of any event requiring a change
in the most recently provided form or certificate and, if necessary, obtain
any extensions of time reasonably requested by the Parent Borrower or the
Administrative Agent for filing and completing such forms or certificates);
and

     (iii) deliver, to the extent legally entitled to do so, upon
reasonable request by the Parent Borrower, to the Parent Borrower and the
Administrative Agent such other forms as may be reasonably required in
order to establish the legal entitlement of such Lender to an exemption
from withholding with respect to payments under this Agreement and any
Notes, provided that in determining the reasonableness of a request under
this clause (ii) such Lender shall be entitled to consider the cost (to the
extent unreimbursed by any of the Borrowers) which would be imposed on such
Lender of complying with such request; or

     (Z) in the case of any such Lender that is a non-U.S. intermediary or
flow-through entity for U.S. federal income tax purposes,

     (i) on or before the date of any payment by any of the Borrowers under
this Agreement or any Notes to, or for the account of, such Lender, deliver
to the Parent Borrower and the Administrative Agent two accurate and
complete original signed copies of Internal Revenue Service Form W-8IMY
and, if any beneficiary or member of such Lender is claiming the so-called
“portfolio interest exemption”, (I) represent to the Borrowers and the
Administrative Agent that such Lender is not a bank within the meaning of
Section 881(c)(3)(A) of the Code, and (II) also deliver to the Parent
Borrower and the Administrative Agent two U.S. Tax Compliance Certificates
certifying to such Lender’s legal entitlement at the date of such
certificate to an

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exemption from U.S. withholding tax under the provisions of Section 881(c)
of the Code with respect to payments to be made under this Agreement and
any Notes; and

     (A) with respect to each beneficiary or member of such Lender
that is not claiming the so-called “portfolio interest exemption”,
also deliver to the Parent Borrower and the Administrative Agent (I)
two duly completed copies of United States Internal Revenue Service
Form W-8BEN (certifying that such beneficiary or member is a resident
of the applicable country within the meaning of the income tax treaty
between the United States and that country), Form W-8ECI or Form W-9,
or successor applicable form, as the case may be, in each case so that
each such beneficiary or member is entitled to receive all payments
under this Agreement and any Notes without deduction or withholding of
any United States federal income taxes and (II) such other forms,
documentation or certifications, as the case may be, certifying that
each such beneficiary or member is entitled to an exemption from
United States backup withholding tax with respect to all payments
under this Agreement and any Notes; and

     (B) with respect to each beneficiary or member of such Lender
that is claiming the so-called “portfolio interest exemption”, (I)
represent to the Borrowers that such beneficiary or member is not a
bank within the meaning of Section 881(c)(3)(A) of the Code, and (II)
also deliver to the Parent Borrower and the Administrative Agent two
U.S. Tax Compliance Certificates from each beneficiary or member and
two accurate and complete original signed copies of Internal Revenue
Service Form W-8BEN, or successor applicable form, certifying to such
beneficiary’s or member’s legal entitlement at the date of such
certificate to an exemption from U.S. withholding tax under the
provisions of Section 871(h) or Section 881(c) of the Code with
respect to payments to be made under this Agreement and any Notes;

     (ii) deliver to the Parent Borrower and the Administrative Agent two
further copies of any such forms, certificates or certifications referred
to above on or before the date any such form, certificate or certification
expires or becomes obsolete, or any beneficiary or member changes, and
after the occurrence of any event requiring a change in the most recently
provided form, certificate or certification and obtain such extensions of
time reasonably requested by the Parent Borrower or the Administrative
Agent for filing and completing such forms, certificates or certifications;
and

     (iii) deliver, to the extent legally entitled to do so, upon
reasonable request by the Parent Borrower, to the Parent Borrower and the
Administrative Agent such other forms as may be reasonably required in
order to establish the legal entitlement of such Lender (or beneficiary or
member) to an exemption from withholding with respect to payments under
this Agreement and any Notes, provided that in determining the
reasonableness of a request under this clause (iii) such Lender shall be
entitled to consider the cost (to the extent unreimbursed by any of the
Borrowers) which would be imposed on such Lender (or beneficiary or member)
of complying with such request;

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unless in any such case any change in treaty, law or regulation has occurred
after the date such Person becomes a Lender hereunder (or a beneficiary or
member in the circumstances described in clause (Z) above, if later) which
renders all such forms inapplicable or which would prevent such Lender (or such
beneficiary or member) from duly completing and delivering any such form with
respect to it and such Lender so advises the Parent Borrower and the
Administrative Agent.

          (c) Each Lender that is organized under the laws of the United States
of America or a state thereof, shall on or before the date of any payment by any
of the Borrowers under this Agreement or any Notes to such Lender, deliver to
the Parent Borrower and the Administrative Agent two duly completed copies of
Internal Revenue Service Form W-9, or successor form, certifying that such
Lender is a United States Person (within the meaning of Section 7701(a)(30) of
the Internal Revenue Code) and that such Lender is entitled to a complete
exemption from United States backup withholding tax.

          3.12 Indemnity. The Borrowers jointly and severally agree to indemnify
each Lender and to hold each such Lender harmless from any loss or expense which
such Lender may sustain or incur (other than through such Lender’s gross
negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction)) as a consequence of (a)
any default by any of the Borrowers in making a borrowing of, conversion into or
continuation of Eurocurrency Loans after the Parent Borrower has given a notice
requesting the same in accordance with the provisions of this Agreement, (b) any
default by any of the Borrowers in making any prepayment or conversion of
Eurocurrency Loans after the Parent Borrower has given a notice thereof in
accordance with the provisions of this Agreement or (c) the making of a payment
or prepayment (or the purchase pursuant to subsection 3.13(d)(i)) of
Eurocurrency Loans or the conversion of Eurocurrency Loans on a day which is not
the last day of an Interest Period with respect thereto. Such indemnification
may include an amount equal to the excess, if any, of (i) the amount of interest
which would have accrued on the amount so prepaid, or converted, or not so
borrowed, converted or continued, for the period from the date of such
prepayment or conversion or of such failure to borrow, convert or continue to
the last day of the applicable Interest Period (or, in the case of a failure to
borrow, convert or continue, the Interest Period that would have commenced on
the date of such failure) in each case at the applicable rate of interest for
such Eurocurrency Loans, as applicable, provided for herein (excluding, however,
the Applicable Margin included therein, if any) over (ii) the amount of interest
(as reasonably determined by such Lender) which would have accrued to such
Lender on such amount by placing such amount on deposit for a comparable period
with leading banks in the interbank eurocurrency market. If any Lender becomes
entitled to claim any amounts under the indemnity contained in this subsection
3.12, it shall provide prompt notice thereof to the Parent Borrower, through the
Administrative Agent, certifying (x) that one of the events described in clause
(a), (b) or (c) has occurred and describing in reasonable detail the nature of
such event, (y) as to the loss or expense sustained or incurred by such Lender
as a consequence thereof and (z) as to the amount for which such Lender seeks
indemnification hereunder and a reasonably detailed explanation of the
calculation thereof. Such a certificate as to any indemnification pursuant to
this subsection submitted by such Lender, through the Administrative Agent, to
the Parent Borrower shall be conclusive in the absence of manifest error. This
covenant shall survive the termination of this Agreement and the payment of the
Term Loans and all other amounts payable hereunder.

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          3.13
Certain Rules Relating to the Payment of Additional
Amounts. (a)
Upon the request, and at the expense of the Borrowers, each Lender to which the
Borrowers are required to pay any additional amount pursuant to subsection 3.10
or 3.11, and any Participant in respect of whose participation such payment is
required, shall reasonably afford the Parent Borrower the opportunity to
contest, and reasonably cooperate with the Parent Borrower in contesting, the
imposition of any Tax giving rise to such payment; provided that (i) such Lender
shall not be required to afford the Parent Borrower the opportunity to so
contest unless the Borrowers shall have confirmed in writing to such Lender
their joint and several obligation to pay such amounts pursuant to this
Agreement and (ii) the Borrowers shall reimburse such Lender for its reasonable
attorneys’ and accountants’ fees and disbursements incurred in so cooperating
with the Parent Borrower in contesting the imposition of such Tax; provided,
however, that notwithstanding the foregoing no Lender shall be required to
afford the Parent Borrower the opportunity to contest, or cooperate with the
Parent Borrower in contesting, the imposition of any Taxes, if such Lender in
its sole discretion in good faith determines that to do so would have an adverse
effect on it.

          (b) If a Lender changes its applicable lending office (other than
pursuant to paragraph (c) below) and the effect of such change, as of the date
of such change, would be to cause the Borrowers to become obligated to pay any
additional amount under subsection 3.10 or 3.11, the Borrowers shall not be
obligated to pay such additional amount.

          (c) If a condition or an event occurs which would, or would upon the
passage of time or giving of notice, result in the payment of any additional
amount to any Lender by the Borrowers pursuant to subsection 3.10 or 3.11, such
Lender shall promptly notify the Parent Borrower and the Administrative Agent
and shall take such steps as may reasonably be available to it to mitigate the
effects of such condition or event (which shall include efforts to rebook the
Term Loans held by such Lender at another lending office, or through another
branch or an affiliate, of such Lender); provided that such Lender shall not be
required to take any step that, in its reasonable judgment, would be materially
disadvantageous to its business or operations or would require it to incur
additional costs (unless the Borrowers agree to reimburse such Lender for the
reasonable incremental out-of-pocket costs thereof).

          (d) If the Borrowers shall become obligated to pay additional amounts
pursuant to subsection 3.10 or 3.11 and any affected Lender shall not have
promptly taken steps necessary to avoid the need for payments under subsection
3.10 or 3.11, the Parent Borrower shall have the right, for so long as such
obligation remains, (i) with the assistance of the Administrative Agent, to seek
one or more substitute Lenders reasonably satisfactory to the Administrative
Agent and the Parent Borrower to purchase the affected Term Loan, in whole or in
part, at an aggregate price no less than such Term Loan’s principal amount plus
accrued interest, and assume the affected obligations under this Agreement, or
(ii) so long as no Default or Event of Default then exists or will exist
immediately after giving effect to the respective prepayment, upon at least four
Business Days’ irrevocable notice to the Administrative Agent, to prepay the
affected Term Loan, in whole or in part, without premium or penalty, except as
otherwise provided in subsections 3.6(a) and 3.12. In the case of the
substitution of a Lender, the Parent Borrower, the Administrative Agent, the
affected Lender, and any substitute Lender shall execute and deliver an
appropriately completed Assignment and Acceptance pursuant to subsection 10.6(b)
to effect the assignment of rights to, and the assumption of obligations by, the

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substitute Lender; provided that any fees required to be paid by subsection
10.6(b) in connection with such assignment shall be paid by such Borrowers or
the substitute Lender. In the case of a prepayment of an affected Term Loan, the
amount specified in the notice shall be due and payable on the date specified
therein, together with any accrued interest to such date on the amount prepaid.
In the case of each of the substitution of a Lender and of the prepayment of an
affected Term Loan, the Parent Borrower shall first pay the affected Lender any
additional amounts owing under subsections 3.10 and 3.11 (as well as any
commitment fees and other amounts then due and owing to such Lender, including
any amounts under this subsection 3.13) prior to such substitution or
prepayment.

          (e) If any Agent or any Lender receives a refund directly attributable
to taxes for which any of the Parent Borrowers have made additional payments
pursuant to subsection 3.10(a) or 3.11(a), such Agent or such Lender, as the
case may be, shall promptly pay such refund (together with any interest with
respect thereto received from the relevant taxing authority, but net of any
reasonable cost incurred in connection therewith) to such Borrower; provided,
however, that each Borrower agrees promptly to return such refund (together with
any interest with respect thereto due to the relevant taxing authority) (free of
all Non-Excluded Taxes) to such Agent or the applicable Lender, as the case may
be, upon receipt of a notice that such refund is required to be repaid to the
relevant taxing authority.

          (f) The obligations of any Agent, Lender or Participant under this
subsection 3.13 shall survive the termination of this Agreement and the payment
of the Term Loans and all amounts payable hereunder.

          Section 4.
 Representations and Warranties. To induce the
Administrative Agent and each Lender to make the Term Loans requested to be made
by it on the Closing Date and on each Borrowing Date thereafter, each Credit
Agreement Party, with respect to itself and its Subsidiaries, hereby represents
and warrants, on the Closing Date, in each case after giving effect to the
Transaction, and on every Borrowing Date thereafter to the Administrative Agent
and each Lender that:

          4.1 Financial Condition. (a) The audited consolidated balance sheets
of the Recapitalized Business (it being understood that the reporting entity is
RSC) as of December 31, 2004 and December 31, 2005 and the consolidated
statements of income, shareholders’ equity and cash flows of the Recapitalized
Business (it being understood that the reporting entity is RSC) for the fiscal
years ended as of December 31, 2003, December 31, 2004 and December 31, 2005,
reported on by and accompanied by unqualified reports from KPMG LLP, present
fairly, in all material respects, the consolidated financial condition as at
such date, and the consolidated results of operations and consolidated cash
flows for the respective fiscal years then ended, of the Recapitalized Business.
All such financial statements, including the related schedules and notes
thereto, have been prepared in accordance with GAAP consistently applied
throughout the periods covered thereby (except as approved by a Responsible
Officer and disclosed in any such schedules and notes). During the period from
December 31, 2005 to and including the Closing Date, except as provided in the
Recapitalization Agreement and in connection with the consummation of the
Transaction, there has been no sale, transfer or other disposition by the
Recapitalized Business of any material part of the business or property of the
Recapitalized Business, and no purchase or other acquisition by it of any
business or property (including any

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Capital Stock of any other Person) material in relation to the consolidated
financial condition of the Recapitalized Business which is not reflected in the
foregoing financial statements or in the notes thereto and has not otherwise
been disclosed in writing to the Lenders on or prior to the Closing Date.

          (b) The
pro forma balance sheet and statements of operations of the
Recapitalized Business and its consolidated Subsidiaries, copies of which have
heretofore been furnished to each Lender, are the balance sheet and statements
of operations of the Recapitalized Business and its consolidated Subsidiaries as
of December 31, 2005, adjusted to give effect (as if such events had occurred on
such date for the purposes of the balance sheet and on January 1, 2005 for the
purposes of the statement of operations) to the consummation of the Transaction.

          4.2 No Change; Solvent. Since December 31, 2005, except as and to the
extent disclosed on Schedule 4.2, (a) there has been no development or event
relating to or affecting Holdings or any of its Subsidiaries which has had or
could be reasonably expected to have a Material Adverse Effect (after giving
effect to the consummation of the Transaction) and (b) except in connection with
the Transaction or as otherwise permitted under this Agreement and each other
Loan Document, no dividends or other distributions have been declared, paid or
made upon the Capital Stock of Holdings, nor has any of the Capital Stock of
Holdings been redeemed, retired, purchased or otherwise acquired for value by
Holdings or any of its Subsidiaries. As of the Closing Date, after giving effect
to the consummation of the Transaction, each Loan Party is Solvent.

          4.3 Corporate Existence. Each of the Loan Parties (a) is duly
organized, validly existing and in good standing under the laws of the
jurisdiction of its incorporation or formation, (b) has the corporate, limited
liability company or partnership power and authority, as the case may be, and
the legal right, to own and operate its property, to lease the property it
operates as lessee and to conduct the business in which it is currently engaged,
except to the extent that the failure to have such legal right could not be
reasonably expected to have a Material Adverse Effect and (c) is duly qualified
as a foreign corporation, limited liability company or partnership and in good
standing under the laws of each jurisdiction where its ownership, lease or
operation of property or the conduct of its business requires such
qualification, other than in such jurisdictions where the failure to be so
qualified and in good standing could not be reasonably expected to have a
Material Adverse Effect.

          4.4 Corporate Power; Authorization; Consents; Enforceable Obligations.
Each Loan Party has the corporate, limited liability company or partnership
power and authority, as the case may be, and the legal right, to make, deliver
and perform the Loan Documents to which it is a party and, in the case of each
of the Borrowers, to incur Term Loans hereunder, and each such Loan Party has
taken all necessary corporate, limited liability company or partnership action,
as the case may be, to authorize the execution, delivery and performance of the
Loan Documents to which it is a party and, in the case of each of the Borrowers,
to authorize the incurrence of Term Loans by it, on the terms and conditions of
this Agreement and any Notes. No consent or authorization of, filing with,
notice to or other similar act by or in respect of, any Governmental Authority
or any other Person is required to be obtained or made by or on behalf of any
Loan Party in connection with the execution, delivery, performance, validity or
enforceability of the Loan Documents to which it is a party or, in the case of
each of the

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Borrowers, with the incurrence of Term Loans by it, if any, hereunder, except
for (a) consents, authorizations, notices and filings described in Schedule 4.4,
all of which have been obtained or made prior to the Closing Date, (b) filings
to perfect the Liens created by the Security Documents, (c) filings pursuant to
the Assignment of Claims Act of 1940, as amended (31 U.S.C. § 3727 et
seq.), in respect of accounts of Holdings and its Subsidiaries the obligor in
respect of which is the United States of America or any department, agency or
instrumentality thereof and (d) consents, authorizations, notices and filings
which the failure to obtain or make could not reasonably be expected to have a
Material Adverse Effect. This Agreement has been duly executed and delivered by
each Credit Agreement Party, and each other Loan Document to which any Loan
Party is a party will be duly executed and delivered on behalf of such Loan
Party. This Agreement constitutes a legal, valid and binding obligation of each
Credit Agreement Party and each other Loan Document to which any Loan Party is a
party when executed and delivered will constitute a legal, valid and binding
obligation of such Loan Party, in each case enforceable against such Credit
Agreement Party or such other Loan Party, as the case may be, in accordance with
its terms, except as enforceability may be limited by applicable domestic or
foreign bankruptcy, insolvency, reorganization, moratorium or similar laws
affecting the enforcement of creditors’ rights generally and by general
equitable principles (whether enforcement is sought by proceedings in equity or
at law).

          4.5 No Legal Bar. The execution, delivery and performance of the Loan
Documents by any of the Loan Parties, the incurrence of Term Loans hereunder and
the use of the proceeds thereof (a) will not violate any Requirement of Law or
Contractual Obligation of such Loan Party in any respect that could reasonably
be expected to have a Material Adverse Effect and (b) will not result in, or
require, the creation or imposition of any Lien (other than the Liens permitted
by subsection 7.2) on any of its properties or revenues pursuant to any such
Requirement of Law or Contractual Obligation.

          4.6 No Material Litigation. No litigation, investigation or proceeding
of or before any arbitrator or Governmental Authority is pending or, to the
knowledge of the Parent Borrower, threatened by or against Holdings or any of
its Subsidiaries or against any of their respective properties or revenues (a)
which is so pending or threatened at any time on or prior to the Closing Date
and relates to any of the Loan Documents or any of the transactions contemplated
hereby or thereby or (b) which could be reasonably expected to have a Material
Adverse Effect.

          4.7 No Default. Neither Holdings nor any of its Subsidiaries is in
default under or with respect to any of its Contractual Obligations in any
respect which could be reasonably expected to have a Material Adverse Effect. No
Default or Event of Default has occurred and is continuing.

          4.8 Ownership of Property; Liens. Each of Holdings and its
Subsidiaries has good title in fee simple to, or a valid leasehold interest in,
all its material real property, and good title to, or a valid leasehold interest
in, all its other material property, and none of such property is subject to any
Lien, except for Liens permitted by subsection 7.2. Schedule 4.8 sets forth all
material real properties owned in fee or leased by the Loan Parties as of the
Closing Date.

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          4.9 Intellectual Property. The Parent Borrower and each of its
Subsidiaries owns, or has the legal right to use, all Intellectual Property
necessary for each of them to conduct its business as currently conducted except
for those the failure to own or have such legal right to use could not be
reasonably expected to have a Material Adverse Effect. Except as provided on
Schedule 4.9, no claim has been asserted and is pending by any Person
challenging or questioning the use of any such Intellectual Property or the
validity or effectiveness of any such Intellectual Property, nor does the Parent
Borrower know of any such claim, and, to the knowledge of the Parent Borrower,
the use of such Intellectual Property by the Parent Borrower and its
Subsidiaries does not infringe on the rights of any Person, except for such
claims and infringements which in the aggregate, could not be reasonably
expected to have a Material Adverse Effect.

          4.10 Compliance With Requirements of Law and Contractual Obligations.
Neither Holdings nor any of its Subsidiaries is in violation of any Requirement
of Law or Contractual Obligation of or applicable to Holdings or any of its
Subsidiaries, which violation could be reasonably expected to have a Material
Adverse Effect.

          4.11 Taxes. Holdings and its Subsidiaries have filed or caused to be
filed all United States federal income tax returns and all other material tax
returns which are required to be filed and has paid (a) all taxes shown to be
due and payable on such returns and (b) all taxes shown to be due and payable on
any assessments of which it has received notice made against it or any of its
property (including the Mortgaged Properties) and all other taxes, fees or other
charges imposed on it or any of its property by any Governmental Authority
(other than any (i) taxes, fees or other charges with respect to which the
failure to pay, in the aggregate, could not have a Material Adverse Effect or
(ii) taxes, fees or other charges the amount or validity of which are currently
being contested in good faith by appropriate proceedings diligently conducted
and with respect to which reserves in conformity with GAAP have been provided on
the books of Holdings, or its Subsidiaries, as the case may be); and no tax Lien
has been filed, and no claim is being asserted, with respect to any such tax,
fee or other charge.

          4.12 Federal Regulations. No part of the proceeds of any Term Loans
will be used for any purpose which violates the provisions of the Regulations of
the Board, including, without limitation, Regulation T, Regulation U or
Regulation X of the Board. If requested by any Lender or the Administrative
Agent, the Parent Borrower will furnish to the Administrative Agent and each
Lender a statement to the foregoing effect in conformity with the requirements
of FR Form G-3 or FR Form U-1, referred to in said Regulation U.

          4.13 ERISA. (a) During the five year period prior to each date as of
which this representation is made, or deemed made, with respect to any Plan (or,
with respect to (f) or (h) below, as of the date such representation is made or
deemed made), none of the following events or conditions, either individually or
in the aggregate, has resulted or is reasonably likely to result in a Material
Adverse Effect: (a) a Reportable Event; (b) an “accumulated funding deficiency”
(within the meaning of Section 412 of the Code or Section 302 of ERISA); (c) any
noncompliance with the applicable provisions of ERISA or the Code; (d) a
termination of a Single Employer Plan (other than a standard termination
pursuant to Section 4041(b) of ERISA); (e) a Lien on the property of Holdings,
its Subsidiaries or any Commonly Controlled Entity in favor of the PBGC or a
Plan; (f) any Underfunding with respect to any Single Employer Plan; (g)

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a complete or partial withdrawal from any Multiemployer Plan by Holdings or any
Commonly Controlled Entity; (h) any liability of Holdings or any Commonly
Controlled Entity under ERISA if Holdings or any such Commonly Controlled Entity
were to withdraw completely from all Multiemployer Plans as of the annual
valuation date most closely preceding the date on which this representation is
made or deemed made; (i) the Reorganization or Insolvency of any Multiemployer
Plan; or (j) any transactions that resulted or could reasonably be expected to
result in any liability to Holdings or any Commonly Controlled Entity under
Section 4069 of ERISA or Section 4212(c) of ERISA.

          (b) With respect to any Foreign Plan, none of the following events or
conditions exists and is continuing that, either individually or in the
aggregate, could reasonably be expected to have a Material Adverse Effect: (a)
substantial non-compliance with its terms and with the requirements of any and
all applicable laws, statutes, rules, regulations and orders; (b) failure to be
maintained, where required, in good standing with applicable regulatory
authorities; (c) any obligation of Holdings or its Subsidiaries in connection
with the termination or partial termination of, or withdrawal from, any Foreign
Plan; (d) any Lien on the property of the Parent Borrower or its Subsidiaries in
favor of a Governmental Authority as a result of any action or inaction
regarding a Foreign Plan; (e) for each Foreign Plan which is a funded or insured
plan, failure to be funded or insured on an ongoing basis to the extent required
by applicable non-U.S. law (using actuarial methods and assumptions which are
consistent with the valuations last filed with the applicable Governmental
Authorities); (f) any facts that, to the best knowledge of the Parent Borrower
or any of its Subsidiaries, exist that would reasonably be expected to give rise
to a dispute and any pending or threatened disputes that, to the best knowledge
of the Parent Borrower or any of its Subsidiaries, would reasonably be expected
to result in a material liability to the Parent Borrower or any of its
Subsidiaries concerning the assets of any Foreign Plan (other than individual
claims for the payment of benefits); and (g) failure to make all contributions
in a timely manner to the extent required by applicable non-U.S. law.

          4.14 Collateral. Upon execution and delivery thereof by the parties
thereto, the Guarantee and Collateral Agreement and the Mortgages will be
effective to create (to the extent described therein) in favor of the Collateral
Agent for the ratable benefit of the Secured Parties, a legal, valid and
enforceable security interest in the Collateral described therein, except as may
be limited by applicable domestic or foreign bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and other similar laws relating to or
affecting creditors’ rights generally, general equitable principles (whether
considered in a proceeding in equity or at law) and an implied covenant of good
faith and fair dealing. When (a) the actions specified in Schedule 3 to the
Guarantee and Collateral Agreement have been duly taken, (b) all applicable
Instruments, Chattel Paper and Documents (each as described therein) a security
interest in which is perfected by possession have been delivered to, and/or are
in the continued possession of, the collateral agent under the ABL Credit
Agreement, on behalf of the Collateral Agent in accordance with the
Intercreditor Agreement, (c) all Deposit Accounts and Electronic Chattel Paper
(each as defined in the Guarantee and Collateral Agreement) a security interest
in which is required to be or is perfected by “control” (as described in the
Uniform Commercial Code as in effect in the State of New York from time to time)
are under the “control” of the Collateral Agent or the Administrative Agent, as
agent for the Collateral Agent and as directed by the Collateral Agent or the
collateral agent or administrative agent under the ABL Credit Agreement

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in accordance with the Intercreditor Agreement, and (d) the Mortgages have been
duly recorded, the security interests granted pursuant thereto shall constitute
(to the extent described therein) a perfected security interest in, all right,
title and interest of each pledgor or mortgagor (as applicable) party thereto in
the Collateral described therein (excluding Commercial Tort Claims, as defined
in the Guarantee and Collateral Agreement, other than such Commercial Tort
Claims set forth on Schedule 7 thereto (if any)) with respect to such pledgor or
mortgagor (as applicable). Notwithstanding any other provision of this
Agreement, capitalized terms which are used in this subsection 4.14 and not
defined in this Agreement are so used as defined in the applicable Security
Document.

          4.15 Investment Company Act; Other Regulations. No Credit Agreement
Party is an “investment company”, or a company “controlled” by an “investment
company”, within the meaning of the Investment Company Act. No Credit Agreement
Party is subject to regulation under any Federal or State statute or regulation
(other than Regulation X of the Board) which limits its ability to incur
Indebtedness as contemplated hereby.

          4.16 Subsidiaries. Schedule 4.16 sets forth all the Subsidiaries of
Holdings at the Closing Date (after giving effect to the Transaction), the
jurisdiction of their incorporation and the direct or indirect ownership
interest of Holdings therein.

          4.17 Purpose of Term Loans. The proceeds of the Initial Term Loans
incurred on the Closing Date will be used by the Parent Borrower to finance, in
part, payments required in connection with the Recapitalization and to pay the
fees and expenses incurred in connection with the Transaction. The proceeds of
Incremental Term Loans incurred after the Closing Date shall be used by the
Borrowers to finance the working capital and business requirements of, and for
general corporate purposes of, the Parent Borrower and its Subsidiaries.

          4.18
Environmental Matters. Other than as disclosed on
Schedule 4.18
or exceptions to any of the following that could not, individually or in the
aggregate, reasonably be expected to give rise to a Material Adverse Effect:

          (a) The Parent Borrower and its Subsidiaries: (i) are, and within the
period of all applicable statutes of limitation have been, in compliance with
all applicable Environmental Laws; (ii) hold all Environmental Permits (each of
which is in full force and effect) required for any of their current operations
or for any property owned, leased, or otherwise operated by any of them and
reasonably expect to timely obtain without material expense all such
Environmental Permits required for planned operations; (iii) are, and within the
period of all applicable statutes of limitation have been, in compliance with
all of their Environmental Permits; and (iv) believe they will be able to
maintain compliance with Environmental Laws, including any reasonably
foreseeable future requirements thereto.

          (b) Materials of Environmental Concern have not been transported,
disposed of, emitted, discharged, or otherwise released or threatened to be
released, to or at any real property presently or formerly owned, leased or
operated by the Parent Borrower or any of its Subsidiaries or at any other
location, which would reasonably be expected to (i) give rise to liability or
other Environmental Costs of the Parent Borrower or any of its Subsidiaries
under any applicable Environmental Law, or (ii) interfere with the Parent
Borrower’s planned or

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continued operations of the Parent Borrower or any of its Subsidiaries, or (iii)
impair the fair saleable value of any real property owned by the Parent Borrower
or any of its Subsidiaries that is part of the Collateral.

          (c) There is no judicial, administrative, or arbitral proceeding
(including any notice of violation or alleged violation) under any Environmental
Law to which the Parent Borrower or any of its Subsidiaries is, or to the
knowledge of the Parent Borrower or any of its Subsidiaries is reasonably likely
to be, named as a party that is pending or, to the knowledge of the Parent
Borrower or any of its Subsidiaries, threatened.

          (d) Neither the Parent Borrower nor any of its Subsidiaries has
received any written request for information, or been notified that it is a
potentially responsible party, under CERCLA or any similar Environmental Law, or
received any other written request for information from any Governmental
Authority with respect to any Materials of Environmental Concern.

          (e) Neither the Parent Borrower nor any of its Subsidiaries has
entered into or agreed to any consent decree, order, or settlement or other
agreement, nor is subject to any judgment, decree, or order or other agreement,
in any judicial, administrative, arbitral, or other forum, relating to
compliance with or liability under any Environmental Law.

          4.19 True and Correct Disclosure. The written information (including
the Confidential Information Memorandum, reports, financial statements, exhibits
and schedules but excluding information of a general economic or industry
nature) furnished by or on behalf of any Credit Agreement Party to the
Administrative Agent, Collateral Agent, the Lead Arrangers and the Lenders for
purposes of or in connection with this Agreement, the other Loan Documents or
any transaction contemplated herein or therein is, and all other such written
information (taken as a whole) hereafter furnished by or on behalf of any Credit
Agreement Party in writing to the Administrative Agent, Collateral Agent or any
Lender will be, true and accurate in all material respects on the date as of
which such information is dated or certified and does not and will not omit to
state any fact necessary to make such information (taken as a whole) not
materially misleading in their presentation of Holdings and its Subsidiaries
(taken as a whole) at such time in light of the circumstances under which such
information was provided. It is understood that (a) no representation or
warranty is made concerning the forecasts, estimates, pro forma information,
projections and statements as to anticipated future performance or conditions,
and the assumptions on which they were based, contained in any such information,
reports, financial statements, exhibits or schedules, except that as of the date
such forecasts, estimates, pro forma information, projections and statements
were generated, (i) such forecasts, estimates, pro forma information,
projections and statements were based on the good faith assumptions of the
management of Holdings and its Subsidiaries and (ii) such assumptions were
believed by such management to be reasonable and (b) such forecasts, estimates,
pro forma information and statements, and the assumptions on which they were
based, may or may not prove to be correct.

          4.20 Delivery of the Recapitalization Agreement. The Parent Borrower
has delivered to the Administrative Agent a complete photocopy of the
Recapitalization Agreement (including all exhibits, schedules, disclosure
letters referred to therein or delivered pursuant

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thereto, if any) and all amendments thereto, waivers relating thereto and other
side letters or agreements affecting the terms thereof in any material respect.

          4.21 Certain Representations and Warranties Contained in the
Recapitalization Agreement. Each of the Transaction Documents to be entered into
by any Loan Party on or prior to the Closing Date will have been duly executed
and delivered by each of the Loan Parties which is a party thereto on or prior
to the Closing Date and, to the knowledge of the Credit Agreement Parties, all
other parties thereto on or prior to the Closing Date, and is in full force and
effect on the Closing Date, in each case to the extent required pursuant to the
terms of the relevant Transaction Documents. As of the Closing Date, the
representations and warranties of the Recapitalized Business and, to the
knowledge of Holdings, any of the other parties thereto contained in the
Recapitalization Agreement (after giving effect to any amendments, supplements,
waivers or other modifications of the Recapitalization Agreement prior to the
Closing Date in accordance with this Agreement), to the extent a breach of such
representation or warranty would result in either Sponsor or any of its
Affiliates having a right to terminate its obligations thereunder (without
giving effect to any notice required thereunder), are true and correct in all
material respects except as otherwise disclosed to the Administrative Agent in
writing prior to the Closing Date.

          4.22 Labor Matters. There are no strikes pending or, to the knowledge
of Holdings, reasonably expected to be commenced against Holdings or any of its
Subsidiaries which, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect. The hours worked and payments made
to employees of Holdings and each of its Subsidiaries have not been in violation
of any applicable laws, rules or regulations, except where such violations could
not reasonably be expected to have a Material Adverse Effect.

          4.23 Special Purpose Corporation. Holdings was formed to effect the
Transaction. Prior to the consummation of the Transaction, Holdings did not have
any significant assets or liabilities (except pursuant to the Transaction
Documents or otherwise relating to the Transaction).

          4.24 Insurance. Schedule 4.24 sets forth a complete and correct
listing of all insurance that is maintained by the Loan Parties that is material
to the business and operations of Holdings and its Subsidiaries taken as a
whole, in each case as of the Closing Date, with the amounts insured (and any
deductibles) set forth therein.

          4.25 Anti-Terrorism. As of the Closing Date, Holdings and its
Subsidiaries are in compliance with the Uniting and Strengthening of America by
Providing the Appropriate Tools Required to Intercept and Obstruct Terrorism Act
of 2001, except as could not reasonably be expected to have a Material Adverse
Effect.

          4.26 Capitalization. (a) On the Closing Date, RSC LLC I owns 100% of
the membership interests in Holdings. All such membership interests have been
duly and validly issued.

          (b) On the Closing Date, Holdings owns 100% of the membership
interests in the Parent Borrower. All such membership interests have been duly
and validly issued.

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          (c) On the Closing Date, the authorized capital stock of RSC consists
of (x) 1,000 shares of common stock, without par value, that is outstanding and
(y) 100 shares of preferred stock, $10 par value, that is not outstanding. All
outstanding shares of Capital Stock of RSC have been duly and validly issued and
are fully paid and non-assessable (other than any assessment on the shareholders
of RSC that may be imposed as a matter of law) and are owned by the Parent
Borrower. RSC does not have outstanding any Capital Stock, or other securities,
in each case convertible into or exchangeable for its Capital Stock or any
rights to subscribe for or to purchase, or any options for the purchase of, or
any agreement providing for the issuance (contingent or otherwise) of, or any
calls, commitments or claims of any character relating to, its Capital Stock.

          4.27 Rental Fleet; Business of the Credit Parties. Each Loan Party
that owns Inventory holds such Inventory for sale or lease and is in the
business of selling goods of that kind.

          Section 5. Conditions Precedent.

          5.1 Conditions to Initial Term Loans. This Agreement, including the
agreement of each Lender to make the Initial Term Loans requested to be made by
it, shall become effective on the date on which the following conditions
precedent shall have been satisfied:

     (a) Loan Documents. The Administrative Agent shall have received the
following Loan Documents, executed and delivered as required below, with,
in the case of clause (i), a copy for each Lender:

     (i) this Agreement, executed and delivered by a duly authorized
officer of each Credit Agreement Party;

     (ii) the Guarantee and Collateral Agreement, executed and
delivered by a duly authorized officer of each Credit Agreement Party
thereto; and

     (iii) the Intercreditor Agreement, executed and delivered by a
duly authorized officer of each Loan Party party thereto.

     (b) Recapitalization Agreement. The Recapitalization shall have been
consummated, or substantially concurrently with the making of the Initial
Term Loans hereunder and the borrowings under the ABL Credit Agreement
shall be consummated, substantially in accordance with the Recapitalization
Agreement and all material conditions precedent to the consummation of the
Recapitalization set forth in such Recapitalization Agreement shall have
been satisfied or waived with the consent of the Lead Arrangers (such
consent not to be unreasonably withheld or delayed). The Recapitalization
Agreement, the structure and terms of the Recapitalization (including the
Seller Note) and the documentation for each component of the
Recapitalization shall be reasonably satisfactory in all material respects
in form and substance to the Lead Arrangers, and such documentation shall
not have been amended, supplemented or otherwise changed in a manner
materially adverse to the Lenders without the consent of the Lead Arrangers
(such consent not to be unreasonably withheld or delayed). It is

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expressly acknowledged by the Lead Arrangers that (i) the terms and
conditions of the Recapitalization Agreement (and all exhibits, annexes and
schedules thereto), dated as of October 6, 2006 and (ii) the structure and
terms of the Recapitalization specified therein, are so satisfactory.

     (c) Debt Financing. (i) The Administrative Agent shall receive,
substantially concurrently with the satisfaction of the other conditions
precedent set forth in this subsection 5.1, evidence, in form and substance
reasonably satisfactory to it, that the Parent Borrower and RSC shall have
received gross cash proceeds (calculated before underwriting fees) of
$620,000,000 from the issuance of a like principal amount of Senior Notes
in accordance with the terms and conditions of the Senior Note Indenture
and all applicable laws.

     (ii) The Administrative Agent shall receive, substantially
concurrently with the satisfaction of the other conditions precedent set
forth in this subsection 5.1, evidence, in form and substance reasonably
satisfactory to it, that the Credit Agreement Parties and RSC Canada shall
have (i) executed and delivered the ABL Credit Agreement and (ii) the
Closing Date under, and as defined in, the ABL Credit Agreement has
occurred.

     (iii) On the Closing Date, the Administrative Agent shall have
received true and correct copies of the Senior Note Documents, certified as
such by an appropriate officer of the Parent Borrower.

     (d) Outstanding Indebtedness and Preferred Equity; No Defaults. After
giving effect to the consummation of the Transaction, Holdings and its
Subsidiaries shall have no outstanding preferred equity or Indebtedness
held by third parties (other than Holdings or any of its Subsidiaries),
except for indebtedness incurred pursuant to the Debt Financing and any
Assumed Indebtedness, and all Capital Stock of the Parent Borrower shall be
directly or indirectly owned by Holdings free and clear of Liens (other
than those securing the obligations arising under the Loan Documents and
the ABL Loan Documents. Any other existing Indebtedness shall have been
repaid, defeased or otherwise discharged substantially concurrently with or
prior to the satisfaction of the other conditions precedent set forth in
this subsection 5.1.

     (e) Financial Information. The Lead Arrangers and the Lenders shall
have received (i) audited consolidated financial statements of the
Recapitalized Business (with RSC as the reporting entity) for the three
Fiscal Years (two Fiscal Years, in the case of balance sheets) of the
Recapitalized Business ended prior to the Closing Date, (ii) unaudited
consolidated financial statements of ACNA for the quarterly periods ended
March 31, 2006 and June 30, 2006, and unaudited consolidated financial
statements for the Recapitalized Business (with RSC as the reporting
entity) for the quarterly period ended September 30, 2006 and for each
fiscal quarter ended at least 45 days prior to the Closing Date, (iii) a
pro forma consolidated balance sheet of the Recapitalized Business as of
the date of the most recent consolidated balance sheet delivered pursuant
to preceding clause (ii) and a pro forma statement of operations for the
most recent Fiscal Year, interim period and 
12-month period ending on the
last day of such interim period,

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in each case adjusted to give effect to the Transaction, and any other
transactions that would be required to be given pro forma effect by
Regulation S-X for a Form S-1 Registration Statement under the Securities
Act, and such other adjustments as may be reasonably agreed between the
Parent Borrower and the Lead Arrangers, which pro forma financial
statements shall demonstrate, in reasonable detail, that the total
consolidated indebtedness of the Recapitalized Business and its
subsidiaries consisting of indebtedness for borrowed money (including
purchase money indebtedness) and capital leases (determined on a pro forma
basis after giving effect to the Transaction) does not exceed 4.40
multiplied by EBITDA of the Recapitalized Business (calculated subject to
the Closing Date adjustments set forth on Schedule 5.1(e) hereto) for the
twelve-month period ending on the last day of the fiscal quarter ending no
more than 45 days prior to the Closing Date, (iv) interim financial
statements of the Recapitalized Business (with RSC as the reporting
entity), for each month ended after the date of the last available
quarterly financial statements and at least 30 days prior to the Closing
Date and (v) detailed projected consolidated financial statements of the
Recapitalized Business and its Subsidiaries for the five Fiscal Years
ending after the Closing Date, which projections shall (x) reflect the
forecasted consolidated financial condition of the Parent Borrower and its
Subsidiaries after giving effect to the Transaction and the related
financing thereof, and (y) be prepared and approved by the Parent Borrower.

     (f) Governmental Approvals and/or Consents. The applicable waiting
periods specified under Hart-Scott-Rodino Antitrust Improvements Act of
1976, as amended, with respect to the transactions contemplated by the
Recapitalization Agreement shall have lapsed or been terminated and all
other consents or approvals under the Competition Act (Canada) from the
Canadian Bureau of Competition, any of the antitrust or competition
governmental authorities of any other jurisdiction in which the
Recapitalized Business, Holdings or any of its Subsidiaries owns a material
amount of assets, and all other consents and approvals from any other
Governmental Authority required to consummate the transactions contemplated
by the Recapitalization Agreement, the failure of which to obtain could
have a material adverse effect on the business, condition (financial or
otherwise) or results of operations of Holdings and its Subsidiaries, taken
as a whole, shall have been obtained. On the Closing Date, there shall be
no injunction, restraining order or decree of any nature of any
Governmental Authority that is in effect that restrains or prohibits the
consummation of the transactions contemplated by the Recapitalization
Agreement. All Term Loans to the Borrowers (and all guarantees thereof and
security therefor), as well as the Recapitalization and the consummation
thereof, shall be in substantial compliance in all material respects with
all applicable requirements of law, including Regulations T, U and X of the
Board (the “Margin Regulations”). The Administrative Agent shall have
received a certificate of a Responsible Officer of the Parent Borrower
stating that all other consents, authorizations, notices and filings
referred to in Schedule 4.4 are in full force and effect or have the status
described therein, and the Administrative Agent shall have received
evidence thereof reasonably satisfactory to it.

     (g) Lien Searches. The Administrative Agent shall have received the
results of a recent search by a Person reasonably satisfactory to the
Administrative Agent, of the UCC, judgment and tax lien filings which have
been filed with respect to personal

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property of the Recapitalized Business, Holdings, the Parent Borrower and
their respective Subsidiaries in any of the jurisdictions set forth in
Schedule 5.1(g), and the results of such search shall not reveal any Liens
other than Liens permitted by subsection 7.3.

     (h) Legal Opinions. The Administrative Agent shall have received the
following executed legal opinions:

     (i) the executed legal opinion of Debevoise & Plimpton LLP,
special New York counsel to each Credit Agreement Party, in form and
substance reasonably satisfactory to the Administrative Agent;

     (ii) the executed legal opinion of Snell & Wilmer LLP, special
Arizona counsel to RSC, in form and substance reasonably satisfactory
to the Administrative Agent; and

     (iii) the executed legal opinion of Richards, Layton & Finger,
P.A., special Delaware counsel to Holdings and the Parent Borrower, in
form and substance reasonably satisfactory to the Administrative
Agent.

     (i) Closing Certificate. The Administrative Agent shall have received
a certificate from each Loan Party, dated the Closing Date, substantially
in the form of Exhibit F, with appropriate insertions and attachments.

     (j) Perfected Liens. The Collateral Agent shall have obtained a valid
second priority security interest in the Collateral covered by the
Guarantee and Collateral Agreement (to the extent provided therein); and
all documents, instruments, filings, recordations and searches reasonably
necessary in connection with the perfection and, in the case of the filings
with the U.S. Patent and Trademark Office and the U.S. Copyright Office,
protection of such security interests shall have been executed and
delivered (in the case of UCC filings, written authorization to make such
UCC filings shall have been delivered to the Collateral Agent) and none of
such Collateral shall be subject to any other pledges, security interests
or mortgages except for Permitted Liens; provided that with respect to any
such Collateral the security interest in which may not be perfected by
filing of a UCC financing statement or by making a filing with the U.S.
Patent and Trademark Office or the U.S. Copyright Office, if perfection of
the Collateral Agent’s security interest in such Collateral may not be
accomplished on or before the Closing Date without undue burden or expense
after the Parent Borrower’s use of commercially reasonable efforts to do
so, then delivery of documents and instruments for perfection of such
security interest shall not constitute a condition precedent to the initial
borrowings hereunder, but instead shall be required to be satisfied on or
prior to the 60th day following the Closing Date or, with respect to Rental
Equipment represented by a certificate of title, the 120th day following
the Closing Date.

     (k) Pledged Stock; Stock Powers; Pledged Notes; Endorsements. The
collateral agent under the ABL Credit Agreement on behalf of Collateral
Agent in

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accordance with the Intercreditor Agreement shall have received (subject,
in each case, to the proviso at the end of subsection 5.1(j) above):

     (i) the certificates, if any, representing the Pledged Stock
under (and as defined in) the Guarantee and Collateral Agreement,
together with an undated stock power for each such certificate
executed in blank by a duly authorized officer of the pledgor thereof;
and

     (ii) the promissory notes representing each of the Pledged Notes
under (and as defined in) the Guarantee and Collateral Agreement, duly
endorsed as required by the Guarantee and Collateral Agreement, as the
case may be.

     (l) Fees. The Agents and the Lenders shall have received all fees and
expenses required to be paid or delivered by the Borrowers to them in
respect of the Transaction on or prior to the Closing Date, including the
fees referred to in subsection 3.5.

     (m) Corporate Proceedings of the Loan Parties. The Administrative
Agent shall have received a copy of the board resolutions or member
consents, in form and substance reasonably satisfactory to the
Administrative Agent, of each Loan Party authorizing, as applicable, (i)
the execution, delivery and performance of this Agreement, any Notes and
the other Loan Documents to which it is or will be a party as of the
Closing Date, (ii) in the case of each Borrower, the incurrence of Term
Loans by such Borrower and (iii) the granting by it of the Liens to be
created pursuant to the Security Documents to which it will be a party as
of the Closing Date, certified by the Secretary or an Assistant Secretary
of such Loan Party as of the Closing Date, which certificate shall be in
form and substance reasonably satisfactory to the Administrative Agent and
shall state that the board resolutions or member consents thereby certified
have not been amended, modified (except as any later such board resolutions
or member consents may modify any earlier such board resolutions or member
consents), revoked or rescinded and are in full force and effect.

     (n) Incumbency Certificates of the Loan Parties. The Administrative
Agent shall have received a certificate of each Loan Party, dated the
Closing Date, as to the incumbency and signature of the officers of such
Loan Party executing any Loan Document, reasonably satisfactory in form and
substance to the Administrative Agent executed by a Responsible Officer and
the Secretary or any Assistant Secretary of such Loan Party.

     (o) Governing Documents. The Administrative Agent shall have received
copies of the certificate or articles of incorporation and by-laws (or
other similar governing documents serving the same purpose) of each Loan
Party, certified as of the Closing Date as complete and correct copies
thereof by the Secretary or an Assistant Secretary of such Loan Party.

     (p) Insurance. The Administrative Agent shall have received evidence
in form and substance reasonably satisfactory to it that all of the
requirements of

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subsection 6.5 of this Agreement and subsection 5.2.2 of the Guarantee and
Collateral Agreement. Holdings shall have caused, subject to the
Intercreditor Agreement, the Administrative Agent to have been named as an
additional insured with respect to liability policies and the Collateral
Agent to have been named as loss payee with respect to the casualty
insurance maintained by each Credit Agreement Party and the Subsidiary
Guarantors.

     (q) No Material Company Adverse Effect. No fact, event, change or
circumstances shall have occurred since December 31, 2005 that has had or
would be reasonably likely to have a Company Material Adverse Effect.

     (r) Solvency. The Administrative Agent shall have received a
certificate of the chief financial officer or, if none, the treasurer,
controller, vice president (finance) or other responsible financial officer
reasonably satisfactory to the Administrative Agent of each Borrower
certifying the solvency of such Borrower in customary form reasonably
satisfactory to the Lead Arrangers.

     (s) Equity Financing. ACNA shall have received the Equity Financing in
an amount of not less than $500,000,000 in exchange for common stock of
ACNA that will, after giving effect to the transactions contemplated by the
Recapitalization Agreement, represent approximately 85.47% of the total
outstanding shares of ACNA stock. In addition, after giving effect to such
transactions, the Sellers shall own approximately 14.53% of the total
outstanding shares of ACNA stock.

The making of the Initial Term Loans by the Lenders hereunder shall conclusively
be deemed to constitute an acknowledgment by the Administrative Agent and each
Lender that each of the conditions precedent set forth in this subsection 5.1
shall have been satisfied in accordance with its respective terms or shall have
been irrevocably waived by such Person.

          5.2 Conditions to Each Other Extension of Credit. The agreement of
each Lender to make any Term Loans requested to be made by it on any date is
subject to the satisfaction or waiver of the following conditions precedent:

          (a) Representations and Warranties. Each of the representations and
warranties made by any Loan Party pursuant to this Agreement or any other Loan
Document (or in any amendment, modification or supplement hereto or thereto) to
which it is a party (other than, in the case of the incurrence of the Initial
Term Loans hereunder only, the representation and warranty set forth in clause
(a) of subsection 4.2), and each of the representations and warranties contained
in any certificate furnished at any time by or on behalf of any Loan Party
pursuant to this Agreement or any other Loan Document shall, except to the
extent that they relate to a particular date, be true and correct in all
material respects on and as of such date as if made on and as of such date.

          (b) No Default. No Default or Event of Default shall have occurred and
be continuing on such date or after giving effect to the Term Loans requested to
be made on such date; provided that, with respect to the Initial Term Loans
incurred hereunder, no Default or Event of Default resulting from the failure to
provide any collateral of the type described in the

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proviso at the end of subsection 5.1(j) above shall constitute a Default or an
Event of Default for the purposes of this clause (b).

          (c) Borrowing Notice. With respect to any Borrowing, the
Administrative Agent shall have received a notice of such Borrowing as required
by subsection 2.3.

     Each borrowing of Term Loans by the Borrowers hereunder shall
constitute a representation and warranty by each Credit Agreement Party as
of the date of such borrowing that the conditions contained in this
subsection 5.2 have been satisfied.

     Section 6. Affirmative Covenants. Each Credit Agreement Party hereby
agrees that, from and after the Closing Date and so long as the Term Loan
Commitments remain in effect, and thereafter until payment in full of the Term
Loans and any other amount then due and owing to any Lender or the
Administrative Agent hereunder and under any Note, it shall and shall cause its
Subsidiaries to (it being understood that with respect to the delivery of
financial information, reports and notices, delivery by one Loan Party of any
such financial information, report or notice shall constitute delivery by each
Loan Party and its Subsidiaries of the same such financial information, report
or notice):

     6.1 Financial Statements. Furnish to the Administrative Agent for
prompt delivery to each Lender (and the Administrative Agent agrees to make and
so deliver such copies or otherwise make available such information):

     (a) as soon as available, but in any event not later than the fifth
Business Day after the 90th day following the end of each Fiscal Year of
the Parent Borrower ending on or after December 31, 2006, a copy of the
audited consolidated balance sheet of the Parent Borrower and its
consolidated Subsidiaries as at the end of such year and the related
audited consolidated statements of operations, changes in common
stockholders’ equity and cash flows for such year, setting forth in each
case, in comparative form the figures for and as of the end of the previous
year, certified without a “going concern” or like qualification or
exception, or qualification arising out of the scope of the audit, by KPMG
LLP or other independent certified public accountants of nationally
recognized standing reasonably acceptable to the Administrative Agent in
its reasonable judgment (it being agreed that the furnishing of the Parent
Borrower’s or RSC’s, as applicable, annual report on Form 10-K for such
year, as filed with the Securities and Exchange Commission within the
period provided above for delivery of financial statements, will satisfy
the Parent Borrower’s obligation under this subsection 6.1(a) with respect
to such year except with respect to the requirement that such financial
statements be reported on without a “going concern” or like qualification
or exception, or qualification arising out of the scope of the audit);

     (b) as soon as available, but in any event not later than the fifth
Business Day after the 45th day following the end of each of the first
three quarterly periods of each Fiscal Year of the Parent Borrower, the
unaudited consolidated balance sheet of the Parent Borrower and its
consolidated Subsidiaries as at the end of such quarter and the related
unaudited consolidated statements of operations and cash flows of the
Parent Borrower and its consolidated Subsidiaries for such quarter and the
portion of the Fiscal

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Year through the end of such quarter, setting forth in each case, in
comparative form the figures for and as of the corresponding periods of the
previous year, certified by a Responsible Officer of the Parent Borrower as
being fairly stated in all material respects (subject to normal year-end
audit and other adjustments) (it being agreed that the furnishing of the
Parent Borrower’s or RSC’s, as applicable, quarterly report on Form 10-Q
for such quarter, as filed with the Securities and Exchange Commission
within the period provided above for delivery of financial statements, will
satisfy the Parent Borrower’s obligations under this subsection 6.1(b) with
respect to such quarter);

     (c) as soon as available, but in any event not later than the fifth
Business Day after the 30th day following the end of each month, the
unaudited consolidated balance sheet of the Parent Borrower and its
consolidated Subsidiaries as at the end of such month (other than any month
that is the last month of a fiscal quarter) and the related unaudited
income statement of the Parent Borrower and its consolidated Subsidiaries
for such month, setting forth in each case, in comparative form the figures
for and as of the end of the corresponding month during the previous year;
and

     (d) all such financial statements delivered pursuant to subsection
6.1(a) or (b) to be (and, in the case of any financial statements delivered
pursuant to subsection 6.1(b) shall be certified by a Responsible Officer
of the Parent Borrower as being) complete and correct in all material
respects in conformity with GAAP and to be (and, in the case of any
financial statements delivered pursuant to subsection 6.1(b) shall be
certified by a Responsible Officer of the Parent Borrower as being)
prepared in reasonable detail in accordance with GAAP applied consistently
throughout the periods reflected therein and with prior periods that began
on or after the Closing Date (except as approved by such accountants or
officer, as the case may be, and disclosed therein, and except, in the case
of any financial statements delivered pursuant to subsection 6.1(b), for
the absence of certain notes).

          6.2 Certificates; Other Information. Furnish to the Administrative
Agent for delivery to each Lender (and the Administrative Agent agrees to make
and so deliver such copies or otherwise make available such information):

          (a) concurrently with the delivery of the financial statements and
reports referred to in subsections 6.1(a) and (b), a certificate signed by a
Responsible Officer of each Credit Agreement Party stating that, to the best of
such Responsible Officer’s knowledge, each Credit Agreement Party and their
respective Subsidiaries during such period has observed or performed all of its
covenants and other agreements, and satisfied every condition, contained in this
Agreement or the other Loan Documents to which it is a party to be observed,
performed or satisfied by it, and that such Responsible Officer has obtained no
knowledge of any Default or Event of Default, except, in each case, as specified
in such certificate;

          (b) as soon as available, but in any event not later than the fifth
Business Day following the 90th day after the beginning of each Fiscal Year of
the Parent Borrower thereafter, a copy of the annual business plan by the Parent
Borrower of the projected operating budget (including consolidated balance
sheets, income statements and statements of cash flows of the Parent Borrower
and its Subsidiaries on an annual and, for the first year covered in such
budget,

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quarterly basis) of the Parent Borrower, such practices subject to such
adjustments as are reasonable in the good faith determination of the Parent
Borrower, each such business plan to be accompanied by a certificate of a
Responsible Officer of the Parent Borrower to the effect that such Responsible
Officer believes such projections to have been prepared on the basis of
reasonable assumptions at the time of preparation and delivery thereof;

          (c) within five Business Days after the same are sent, copies of all
financial statements and reports which any Credit Agreement Party sends to its
public security holders, and within five Business Days after the same are filed,
copies of all financial statements and periodic reports which any Credit
Agreement Party may file with the Securities and Exchange Commission or any
successor or analogous Governmental Authority;

          (d) within five Business Days after the same are filed, copies of all
registration statements and any amendments and exhibits thereto, which Credit
Agreement Party may file with the Securities and Exchange Commission or any
successor or analogous Governmental Authority, and such other documents or
instruments as may be reasonably requested by the Administrative Agent in
connection therewith;

          (e) at any time when the Parent Borrower has designated a Subsidiary
an Immaterial Subsidiary, promptly following any request made by the
Administrative Agent, but in any event (i) not later than the fifth Business Day
following any such request, any such financial information as the Administrative
Agent may reasonably request to assure itself that any such Immaterial
Subsidiary complies with the requirements set forth in the defined term
“Immaterial Subsidiaries” in subsection 1.1 hereof, which financial information
shall be certified by a Responsible Officer of the Parent Borrower as being
complete and correct in all material respects; and

          (f) promptly, such additional financial and other information as the
Administrative Agent or Lender may from time to time reasonably request.

          6.3 Payment of Obligations. Pay, discharge or otherwise satisfy at or
before maturity or before they become delinquent, as the case may be, all its
obligations of whatever nature, including taxes, except (x) where the amount or
validity thereof is currently being contested in good faith by appropriate
proceedings diligently conducted and reserves in conformity with GAAP with
respect thereto have been provided on the books of Holdings or any of
its Subsidiaries, as the case may be and (y) to the extent such failure to pay,
discharge or otherwise satisfy the same could not reasonably be expected to have
a Material Adverse Effect.

          6.4 Conduct of Business and Maintenance of Existence. Continue to
engage in business of the same general type as conducted by Holdings and its
Subsidiaries on the Closing Date, taken as a whole, and preserve, renew and keep
in full force and effect its corporate, limited liability company or partnership
(as the case may be) existence and take all reasonable action to maintain all
rights, privileges and franchises necessary or desirable in the normal conduct
of the business of Holdings and its Subsidiaries, taken as a whole, except as
otherwise expressly permitted pursuant to subsection 7.4, provided that Holdings
and its Subsidiaries shall not be required to maintain any such rights,
privileges or franchises, if the failure to do so could not reasonably be
expected to have a Material Adverse Effect; and comply

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with all Contractual Obligations and Requirements of Law except to the extent
that failure to comply therewith, in the aggregate, could not reasonably be
expected to have a Material Adverse Effect.

          6.5 Maintenance of Property; Insurance. (a) Keep all property useful
and necessary in the business of Holdings and its Subsidiaries, taken as a
whole, in good working order and condition; maintain with financially sound and
reputable insurance companies insurance on all property material to the business
of Holdings and its Subsidiaries, taken as a whole, in at least such amounts and
against at least such risks (but including in any event public liability,
product liability and business interruption) as are usually insured against in
the same general area by companies of similar size engaged in the same or a
similar business; furnish to the Administrative Agent, upon written request,
information in reasonable detail as to the insurance carried; and ensure that at
all times the Collateral Agent, subject to the Intercreditor Agreement, shall be
named as an additional insured with respect to liability policies and the
Collateral Agent, subject to the Intercreditor Agreement, shall be named as loss
payee with respect to the casualty insurance maintained by each Borrower and
Subsidiary Guarantor; provided that, unless an Event of Default shall have
occurred and be continuing, and subject to the provisions of the Intercreditor
Agreement, (i) the Collateral Agent shall turn over to the Parent Borrower any
amounts received by the Collateral Agent as loss payee under any casualty
insurance maintained by Holdings or its Subsidiaries, the disposition of such
amounts to be subject to the provisions of subsection 3.4(b), and (ii) the
Parent Borrower and/or the applicable Subsidiary Guarantor shall have the sole
right to adjust or settle any claims under such insurance.

          (b) With respect to each property of the Parent Borrower and its
Subsidiaries subject to a Mortgage:

          (i) If any portion of any such property is located in an area
identified as a special flood hazard area by the Federal Emergency Management
Agency or other applicable agency, the Parent Borrower shall maintain or cause
to be maintained, flood insurance to the extent required by law.

          (ii) The Parent Borrower and each of its applicable Subsidiaries
promptly shall comply with and conform to (i) all provisions of each insurance
policy relating to each such property, and (ii) all requirements of the insurers
applicable to such party or to such property or to the use, manner of use,
occupancy, possession, operation, maintenance, alteration or repair of such
property, except for such non-compliance or non-conformity as could not,
individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. The Parent Borrower shall not use or permit the use of such
property in any manner which would reasonably be expected to result in the
cancellation of any insurance policy relating to such property or would
reasonably be expected to void coverage required to be maintained with respect
to such property pursuant to clause (a) of this subsection 6.5.

          (iii) If the Parent Borrower is in default of its obligations to
insure or deliver any such prepaid policy or policies, the result of which could
reasonably be expected to have a Material Adverse Effect, then the
Administrative Agent, at its option upon 10 days’ written notice to the Parent
Borrower, may effect such insurance from year to year at rates substantially
similar to the rate at which the Parent Borrower or any Subsidiary had insured
such property, and

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pay the premium or premiums therefore, and the Borrowers shall pay to the
Administrative Agent on demand such premium or premiums so paid by the
Administrative Agent with interest from the time of payment at a rate per annum
equal to 2.00%.

          (iv) If such property, or any part thereof, shall be destroyed or
damaged and the reasonably estimated cost thereof would exceed $2,000,000, the
Parent Borrower shall give prompt notice thereof to the Administrative Agent.
All insurance proceeds paid or payable in connection with any damage or casualty
to any property shall be applied in the manner specified in subsection 6.5(a).

          6.6 Inspection of Property; Books and Records; Discussions. Keep
proper books of records and account in which full, complete and correct entries
in conformity with GAAP and all material Requirements of Law shall be made of
all dealings and transactions in relation to its business and activities; and
permit representatives of the Administrative Agent to visit and inspect any of
its properties and examine and, to the extent reasonable, make abstracts from
any of its books and records and to discuss the business, operations, properties
and financial and other condition of such entity and its Subsidiaries with
officers and employees of such entity and its Subsidiaries and with its
independent certified public accountants, in each case at any reasonable time,
upon reasonable notice, and as often as may reasonably be desired by the
Administrative Agent.

          6.7 Notices. Promptly give notice to the Administrative Agent and each
Lender of:

          (a) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, the occurrence of any
Default or Event of Default;

          (b) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, any (i) default or
event of default under any Contractual Obligation of any Credit Agreement Party
or any of its Subsidiaries, other than as previously disclosed in writing to the
Lenders, or (ii) litigation, investigation or proceeding which may exist at any
time between any Credit Agreement Party or any of its Subsidiaries and any
Governmental Authority, which in either case, could reasonably be expected to
have a Material Adverse Effect;

          (c) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, the occurrence of any
default or event of default under any of the ABL Loan Documents or the Senior
Note Documents;

          (d) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, any litigation or
proceeding affecting the Parent Borrower or any of its Subsidiaries that could
reasonably be expected to have a Material Adverse Effect;

          (e) the following events, as soon as possible and in any event within
30 days after a Responsible Officer of any Credit Agreement Party or any of its
Subsidiaries knows or reasonably should know thereof: (i) the occurrence or
expected occurrence of any Reportable

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Event (or similar event) with respect to any Single Employer Plan (or Foreign
Plan), a failure to make any required contribution to a Single Employer Plan,
Multiemployer Plan or Foreign Plan, the creation of any Lien on the property of
Holdings, its Subsidiaries or any Commonly Controlled Entity in favor of the
PBGC, a Plan or a Foreign Plan or any withdrawal from, or the full or partial
termination, Reorganization or Insolvency of, any Multiemployer Plan or Foreign
Plan; (ii) the institution of proceedings or the taking of any other formal
action by the PBGC, Holdings or any of its Subsidiaries or any Commonly
Controlled Entity or any Multiemployer Plan which could reasonably be expected
to result in the withdrawal from, or the termination, Reorganization or
Insolvency of, any Single Employer Plan, Multiemployer Plan or Foreign Plan;
provided, however, that no such notice will be required under clause (i) or (ii)
above unless the event giving rise to such notice, when aggregated with all
other such events under clause (i) or (ii) above, could be reasonably expected
to result in a Material Adverse Effect; or (iii) the first occurrence of an
Underfunding under a Single Employer Plan or Foreign Plan that exceeds 10% of
the value of the assets of such Single Employer Plan or Foreign Plan, in each
case, determined as of the most recent annual valuation date of such Single
Employer Plan or Foreign Plan on the basis of the actuarial assumptions used to
determine the funding requirements of such Single Employer Plan or Foreign Plan
as of such date;

          (f) as soon as possible after a Responsible Officer of any Credit
Agreement Party knows or reasonably should know thereof, (i) any release or
discharge by the Parent Borrower or any of its Subsidiaries of any Materials of
Environmental Concern required to be reported under applicable Environmental
Laws to any Governmental Authority, unless the Parent Borrower reasonably
determines that the total Environmental Costs arising out of such release or
discharge could not reasonably be expected to have a Material Adverse Effect;
(ii) any condition, circumstance, occurrence or event not previously disclosed
in writing to the Administrative Agent that would reasonably be expected to
result in liability or expense under applicable Environmental Laws, unless the
Parent Borrower reasonably determines that the total Environmental Costs arising
out of such condition, circumstance, occurrence or event could not reasonably be
expected to have a Material Adverse Effect or could not reasonably be expected
to result in the imposition of any Lien or other material restriction on the
title, ownership or transferability of any facilities and properties owned,
leased or operated by the Parent Borrower or any of its Subsidiaries that could
reasonably be expected to result in a Material Adverse Effect; and (iii) any
proposed action to be taken by the Parent Borrower or any of its Subsidiaries
that could reasonably be expected to subject the Parent Borrower or any of its
Subsidiaries to any material additional or different requirements or liabilities
under Environmental Laws, unless the Parent Borrower reasonably determines that
the total Environmental Costs arising out of such proposed action could not
reasonably be expected to have a Material Adverse Effect;

          (g) any loss, damage, or destruction to the Collateral in the amount
of $50,000,000 or more, whether or not covered by insurance; and

          (h) any and all default notices received under or with respect to any
leased location or public warehouse where Collateral, either individually or in
the aggregate, in excess of $50,000,000 is located.

Each notice pursuant to this subsection shall be accompanied by a statement of a
Responsible Officer of the Parent Borrower (and, if applicable, the relevant
Commonly Controlled Entity or

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Subsidiary) setting forth details of the occurrence referred to therein and
stating what action the Parent Borrower (or, if applicable, the relevant
Commonly Controlled Entity or Subsidiary) proposes to take with respect thereto.

          6.8
Environmental Laws. (a) (i) Comply substantially with, and require
substantial compliance by all tenants, subtenants, contractors, and invitees
with, all applicable Environmental Laws; (ii) obtain, comply substantially with
and maintain any and all Environmental Permits necessary for its operations as
conducted and as planned; and (iii) require that all tenants, subtenants,
contractors, and invitees obtain, comply substantially with and maintain any and
all Environmental Permits necessary for their operations as conducted and as
planned, with respect to any property leased or subleased from, or operated by
the Parent Borrower or its Subsidiaries. For purposes of this subsection 6.8(a),
noncompliance shall not constitute a breach of this covenant, provided that,
upon learning of any actual or suspected noncompliance, the Parent Borrower and
any such affected Subsidiary shall promptly undertake and diligently pursue
reasonable efforts, if any, to achieve compliance, and provided, further, that
in any case such noncompliance could not reasonably be expected to have a
Material Adverse Effect.

          (b) Promptly comply, in all material respects, with all orders and
directives of all Governmental Authorities regarding Environmental Laws, other
than such orders or directives (i) as to which the failure to comply could not
reasonably be expected to result in a Material Adverse Effect or (ii) as to
which: (x) appropriate reserves have been established in accordance with GAAP;
(y) an appeal or other appropriate contest is or has been timely and properly
taken and is being diligently pursued in good faith; and (z) if the
effectiveness of such order or directive has not been stayed, the failure to
comply with such order or directive during the pendency of such appeal or
contest could not reasonably be expected to give rise to a Material Adverse
Effect.

          (c) Maintain, update as appropriate, and implement in all material
respects an ongoing program reasonably designed to ensure that all the
properties and operations of the Parent Borrower and its Subsidiaries are
periodically reasonably reviewed by competent personnel to identify and promote
compliance with and to reasonably and prudently manage any material
Environmental Costs that would reasonably be expected to affect the Parent
Borrower or any of its Subsidiaries, including compliance and liabilities
relating to: discharges to air and water; acquisition, transportation, storage
and use of Materials of Environmental Concern; waste disposal; species
protection; and recordkeeping required under Environmental Laws. For the
purposes of this subsection 6.8(c), the failure to maintain an environmental
program shall not constitute an Event of Default (i) unless it could reasonably
be expected to result in a Material Adverse Effect or (ii) if within 90 days of
receipt of a reasonable request from the Administrative Agent, Holdings and its
Subsidiaries have taken reasonable and diligent steps to implement and maintain
such a program in compliance with this subsection.

          6.9 New Subsidiaries; Additional Security; Further Assurances. (a)
With respect to any owned real property or fixtures thereon, in each case with a
purchase price or a fair market value at the time of acquisition of at least
$2,000,000 (for this purpose treating any Sale and Leaseback Property that is
owned by any Loan Party on the first anniversary of the Closing Date as a
property acquired after the Closing Date and calculating the value thereof as of

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such first anniversary), in which any Loan Party acquires ownership rights at
any time after the Closing Date, promptly following any request by the
Collateral Agent grant to the Collateral Agent for the benefit of the applicable
Lenders, a Lien of record on all such owned real property and fixtures, upon
terms reasonably satisfactory in form and substance to the Collateral Agent and
in accordance with any applicable requirements of any Governmental Authority
(including any required appraisals of such property under FIRREA); provided that
(i) nothing in this subsection 6.9 shall defer or impair the attachment or
perfection of any security interest in any Collateral covered by any of the
Security Documents which would attach or be perfected pursuant to the terms
thereof without action by Holdings, any of its Subsidiaries or any other Person
and (ii) no such Lien shall be required to be granted as contemplated by this
subsection 6.9 on any owned real property or fixtures the acquisition of which
is financed, or is to be financed within any time period permitted by subsection
7.1(f) or (g), in whole or in part through the incurrence of Indebtedness
permitted by subsection 7.1(f) or (g), until such Indebtedness is repaid in full
(and not refinanced as permitted by subsection 7.1(f) or (g)) or, as the case
may be, the Parent Borrower determines not to proceed with such financing or
refinancing. In connection with any such grant to the Collateral Agent, for the
benefit of the Lenders, of a Lien of record on any such real property in
accordance with this subsection, the Parent Borrower or such Subsidiary shall
deliver or cause to be delivered to the Collateral Agent any surveys, title
insurance policies, environmental reports and other documents in connection with
such grant of such Lien obtained by it in connection with the acquisition of
such ownership rights in such real property or as the Collateral Agent shall
reasonably request (in light of the value of such real property and the cost and
availability of such surveys, title insurance policies, environmental reports
and other documents and whether the delivery of such surveys, title insurance
policies, environmental reports and other documents would be customary in
connection with such grant of such Lien in similar circumstances).

          (b) With respect to any Domestic Subsidiary (other than an Immaterial
Subsidiary or a Subsidiary of a Foreign Subsidiary) created or acquired
(including by reason of any Immaterial Subsidiary or Foreign Subsidiary Holdco
ceasing to constitute the same) subsequent to the Closing Date by Holdings or
any of its Domestic Subsidiaries (other than any Subsidiary of a Foreign
Subsidiary), promptly notify the Administrative Agent of such occurrence and
promptly deliver to the collateral agent under the ABL Credit Agreement, on
behalf of the Collateral Agent in accordance with the terms of the Intercreditor
Agreement, the certificates (if any) representing such Capital Stock, together
with undated stock powers, executed and delivered in blank by a duly authorized
officer of the parent corporation (or other applicable entity) of such new
Domestic Subsidiary, (ii) cause such new Domestic Subsidiary (A) to become a
party to the Guarantee and Collateral Agreement and (B) to take all actions
reasonably deemed by the Collateral Agent to be necessary or advisable to cause
the Lien created by the Guarantee and Collateral Agreement in such new Domestic
Subsidiary’s Collateral to be duly perfected in accordance with all applicable
Requirements of Law (to the extent provided in the Guarantee and Collateral
Agreement), including the filing of financing statements in such jurisdictions
as may be reasonably requested by the Collateral Agent and (iii) to the extent
requested by the Administrative Agent or, so long as such Domestic Subsidiary is
a Wholly-Owned Subsidiary, the Parent Borrower, cause such Domestic Subsidiary
to execute and deliver to the Administrative Agent a Borrower Joinder Agreement
(and thereby become a Borrower hereunder).

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          (c) With respect to any Foreign Subsidiary created or acquired
subsequent to the Closing Date by the Parent Borrower or any of its Domestic
Subsidiaries (other than an Immaterial Subsidiary or any Subsidiary of a Foreign
Subsidiary), the Capital Stock of which is owned directly by the Parent Borrower
or a Domestic Subsidiary (other than a Subsidiary of a Foreign Subsidiary),
promptly notify the Administrative Agent of such occurrence and promptly (i)
execute and deliver to the Collateral Agent a new pledge agreement or such
amendments to the Guarantee and Collateral Agreement as the Collateral Agent
shall reasonably deem necessary or reasonably advisable to grant to the
Collateral Agent, for the benefit of the Lenders, a perfected second priority
security interest (as and to the extent provided in the Guarantee and Collateral
Agreement) in the Capital Stock of such new Foreign Subsidiary that is owned by
the Parent Borrower or any of its Domestic Subsidiaries (other than any
Subsidiary of a Foreign Subsidiary) (provided that in no event shall more than
65% of the Capital Stock (including for these purposes any Investment deemed to
be Capital Stock for U.S. tax purposes) of any such new Foreign Subsidiary be
required to be so pledged and, provided, further, that no such pledge or
security shall be required with respect to any non-wholly owned Foreign
Subsidiary to the extent that the grant of such pledge or security interest
would violate the terms of any agreements under which the investment by the
Parent Borrower or any of its Subsidiaries was made therein) and (ii) to the
extent reasonably deemed advisable by the Collateral Agent, deliver to the
collateral agent under the ABL Credit Agreement, on behalf of the Collateral
Agent in accordance with the term of the Intercreditor Agreement, the
certificates, if any, representing such Capital Stock, together with undated
stock powers, executed and delivered in blank by a duly authorized officer of
the relevant parent corporation (or other applicable entity) of such new Foreign
Subsidiary and take such other action as may be reasonably deemed by the
Collateral Agent to be necessary or desirable to perfect the Collateral Agent’s
security interest therein.

          (d) At its own expense, execute, acknowledge and deliver, or cause the
execution, acknowledgement and delivery of, and thereafter register, file or
record in an appropriate governmental office, any document or instrument
reasonably deemed by the Collateral Agent to be necessary or desirable for the
creation, perfection and priority and the continuation of the validity,
perfection and priority of the foregoing Liens or any other Liens created
pursuant to the Security Documents.

          (e) Notwithstanding anything to contrary in this Agreement, nothing in
this subsection 6.9 shall require that any Loan Party grant a Lien with respect
to any owned real property or fixtures in which such Subsidiary acquires
ownership rights to the extent that the Administrative Agent, in its reasonable
judgment, determines that the granting of such a Lien is impracticable.

          Section 7. Negative Covenants. Each of Parent Borrower and its
Subsidiaries hereby agrees (and with respect to subsection 7.15(c) Holdings
hereby agrees) that, from and after the Closing Date and so long as any Term
Loan Commitments remain in effect, and thereafter until payment in full of the
Term Loans and any other amount then due and owing to any Lender or any Agent
hereunder and under any Note, such the Parent Borrower and each such Subsidiary
(and with respect to subsection 7.15(c), Holdings) shall not and shall not
permit any of its Subsidiaries to, directly or indirectly:

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          7.1 Limitation on Indebtedness. Create, incur, assume or suffer to
exist any Indebtedness (including any Indebtedness of any of its Subsidiaries),
except:

          (a) Indebtedness of the Parent Borrower and its Subsidiaries incurred
pursuant to this Agreement and the other Loan Documents;

          (b) Indebtedness evidenced by the Senior Notes; provided that the
aggregate principal amount of Indebtedness evidenced by Senior Notes at any time
outstanding pursuant to this clause (b) shall not exceed $620,000,000 less any
repayments of principal of Indebtedness theretofore outstanding pursuant to this
clause (b);

          (c) Assumed Indebtedness;

          (d) Indebtedness incurred pursuant to the ABL Loan Documents; provided
that the aggregate principal amount of Indebtedness at any time outstanding
pursuant to this clause (d) shall not exceed $1,900,000,000;

          (e) Indebtedness of (i) any Borrower (other than Canadian Finco) owing
to any other Borrower or Holdings, (ii) any Borrower (other than Canadian Finco)
owing to any Subsidiary, (iii) any Subsidiary Guarantor owing to Holdings or any
Borrower (other than Canadian Finco) or any other Subsidiary Guarantor, (iv) any
Non-Guarantor Subsidiary owing to any Borrower (other than Canadian Finco) or
any Subsidiary Guarantor if permitted pursuant to subsection 7.7 and (v) any
Non-Guarantor Subsidiary owing to any other Non-Guarantor Subsidiary, so long as
any such Indebtedness of any Loan Party owing to any Subsidiary that is not a
Loan Party shall be subject to subordination provisions substantially in the
form of Exhibit G;

          (f) Indebtedness of the Parent Borrower and any of its Subsidiaries
incurred to finance or refinance the acquisition, leasing, construction or
improvement of fixed or capital assets (whether pursuant to a loan, a Financing
Lease or otherwise) otherwise permitted pursuant to this Agreement, and any
other Financing Leases, in an aggregate principal amount not, when added to the
aggregate principal amount of outstanding Assumed Indebtedness of the type
described in this paragraph (f), exceeding $200,000,000 at any one time
outstanding, provided that such amount shall be increased by an amount equal to
$30,000,000 on (x) each anniversary of the Closing Date, so long as no Default
or Event of Default shall have occurred and be continuing on any date on which
such amount is to be increased or (y) such later date on which such Default or
Event of Default shall have been cured;

          (g) (x) unsecured Indebtedness of the Parent Borrower and any of its
Subsidiaries incurred to finance or refinance the purchase price of, or (y)
Indebtedness of the Parent Borrower and any of its Subsidiaries assumed in
connection with, any acquisition permitted by subsection 7.8; provided that (i)
in the case of clause (x), such Indebtedness is incurred prior to, substantially
simultaneously with or within six months after such acquisition or in connection
with a refinancing thereof, (ii) if such Indebtedness is owed to a Person other
than the Person from whom such acquisition is made or any Affiliate thereof,
such Indebtedness shall have terms and conditions reasonably satisfactory to the
Administrative Agent and shall not exceed 70% of the purchase price of such
acquisition (including any Indebtedness assumed in

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connection with such acquisition) (or such greater percentage as shall be reasonably
satisfactory to the Administrative Agent or, if any such purchase price shall be greater than
$100,000,000, such greater percentage as shall be reasonably satisfactory to the Required Lenders),
(iii) if such Indebtedness is being assumed under this paragraph (g), such Indebtedness shall not
have been incurred by any party in contemplation of the acquisition permitted by subsection 7.8 and
(iv) immediately after giving effect to such acquisition no Default or Event of Default shall have
occurred and be continuing;

          (h) to the extent that any Indebtedness may be incurred or arise thereunder, Indebtedness of
the Parent Borrower and its Subsidiaries under Interest Rate Protection Agreements (other than
those entered into for speculative purposes) and under Permitted Hedging Arrangements;

          (i) to the extent that any Guarantee Obligation or other obligation permitted under subsection
7.3 constitutes Indebtedness, such Indebtedness;

          (j) Indebtedness in respect of performance bonds, bid bonds, appeal bonds, surety bonds and
similar obligations and trade-related letters of credit, in each case provided in the ordinary
course of business;

          (k) Indebtedness of the Parent Borrower or any of its Subsidiaries in respect of Sale and
Leaseback Transactions permitted under subsection 7.10;

          (l) Indebtedness of the Parent Borrower or any of its Subsidiaries incurred to finance
insurance premiums in the ordinary course of business;

          (m) Indebtedness arising from the honoring of a check, draft or similar instrument against
insufficient funds; provided that such Indebtedness is extinguished within two Business
Days of its incurrence;

          (n) Indebtedness in respect of Financing Leases which have been funded solely by Investments
of the Parent Borrower and its Subsidiaries permitted by subsection 7.7(l);

          (o) Indebtedness which represents an extension, refinancing, refunding, replacement or renewal
of any of the Indebtedness described in paragraphs (b), (c), (d) and (g) of this subsection 7.1
hereof; provided that (i) the principal amount (or accreted value, if applicable) thereof
does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so
extended, refinanced, refunded, replaced or renewed, except by an amount equal to unpaid accrued
interest and premium (including applicable prepayment penalties) thereon plus fees and expenses
reasonably incurred in connection therewith, (ii) any Liens securing such Indebtedness are limited
to all or part of the same property (including, if required by the documentation evidencing such
Indebtedness being extended, refinanced, refunded, replaced or renewed, after-acquired property of
the same type) that secured the Indebtedness being refinanced; provided that the total
value of the collateral securing such Indebtedness incurred under this subsection 7.1(o)
immediately following such incurrence shall not be materially greater than the value of the
collateral
securing the Indebtedness being extended, refinanced, refunded, replaced or renewed immediately
prior to such extension, refinancing, refunding, replacement or renewal, (iii) no Loan Party that
is not originally obligated with respect to

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repayment of such Indebtedness is required to become obligated with respect thereto, (iv) such
extension, refinancing, refunding, replacement or renewal does not result in a shortening of the
Weighted Average Life to Maturity of the Indebtedness so extended, refinanced, refunded, replaced
or renewed and (v) if the Indebtedness that is extended, refinanced, refunded, replaced or renewed
was subordinated in right of payment to the obligations of any Loan Party hereunder and under the
other Loan Documents, then the terms and conditions of the extension, refinancing, refunding,
replacement or renewal Indebtedness must include subordination terms and conditions that are at
least as favorable to the Lenders as those that were applicable to the extended, refinanced,
refunded, replaced or renewed Indebtedness;

          (p) cash management obligations and other Indebtedness in respect of netting services,
overdraft protections and similar arrangements in each case arising under standard business terms
of any bank at which the Parent Borrower or Subsidiary maintains an overdraft, cash pooling or
other similar facility or arrangement;

          (q) Indebtedness of Foreign Subsidiaries of the Parent Borrower not exceeding in aggregate
principal amount at any time outstanding an amount equal to $50,000,000; and

          (r) Indebtedness not otherwise permitted by the preceding paragraphs of this subsection 7.1
not exceeding $275,000,000 in aggregate principal amount at any one time outstanding.

For purposes of determining compliance with this subsection 7.1, the amount of any Indebtedness
denominated in any currency other than Dollars shall be calculated based on customary currency
exchange rates in effect, in the case of such Indebtedness incurred (in respect of term
Indebtedness) or committed (in respect of revolving Indebtedness) on or prior to the Closing Date,
on the Closing Date and, in the case of such Indebtedness incurred (in respect of term
Indebtedness) or committed (in respect of revolving Indebtedness) after the Closing Date, on the
date that such Indebtedness was incurred (in respect of term Indebtedness) or committed (in respect
of revolving Indebtedness); provided that if such Indebtedness is incurred to refinance
other Indebtedness denominated in a currency other than Dollars (or in a different currency from
the Indebtedness being refinanced), and such refinancing would cause the applicable
Dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate
in effect on the date of such refinancing, such Dollar-denominated restriction shall be deemed not
to have been exceeded so long as the principal amount of such refinancing Indebtedness does not
exceed (i) the outstanding or committed principal amount, as applicable, of such Indebtedness being
refinanced plus (ii) the aggregate amount of fees, underwriting discounts, premiums and other costs
and expenses incurred in connection with such refinancing.

          7.2
Limitation on Liens. Create, incur, assume or suffer to exist any Lien upon any of
its property, assets or revenues, whether now owned or hereafter acquired, except for the following
(Liens described below are herein referred to as “Permitted Liens”; provided,
however, that no reference to a Permitted Lien herein, including any statement or provision
as to the acceptability of any Permitted Lien, shall in any way constitute or be construed so as to
postpone or subordinate any Liens or other rights of the Agents, the Lenders or any of them
hereunder or arising under any other Loan Document in favor of such Permitted Lien):

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          (a) Liens for taxes, assessments and similar charges not yet delinquent or the nonpayment of
which in the aggregate could not reasonably be expected to have a Material Adverse Effect, or which
are being contested in good faith by appropriate proceedings diligently conducted and adequate
reserves with respect thereto are maintained on the books of the Parent Borrower or its
Subsidiaries, as the case may be, in conformity with GAAP;

          (b) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens
arising in the ordinary course of business and relating to obligations which are not overdue for a
period of more than 60 days or which are being contested in good faith by appropriate proceedings
diligently conducted;

          (c) Liens of landlords or of mortgagees of landlords arising by operation of law or pursuant
to the terms of real property leases, provided that the rental payments secured thereby are
not yet due and payable;

          (d) pledges, deposits or other Liens in connection with workers’ compensation, unemployment
insurance, other social security benefits or other insurance related obligations (including pledges
or deposits securing liability to insurance carriers under insurance or self-insurance
arrangements);

          (e) Liens arising by reason of any judgment, decree or order of any court or other
Governmental Authority, if appropriate legal proceedings which may have been duly initiated for the
review of such judgment, decree or order, are being diligently prosecuted and shall not have been
finally terminated or the period within which such proceedings may be initiated shall not have
expired;

          (f) Liens to secure the performance of bids, trade contracts (other than for borrowed money),
obligations for utilities, leases, statutory obligations, surety and appeal bonds, performance
bonds, judgment and like bonds, replevin and similar bonds and other obligations of a like nature
incurred in the ordinary course of business;

          (g) zoning restrictions, easements, rights-of-way, restrictions on the use of property, other
similar encumbrances incurred in the ordinary course of business and minor irregularities of title,
which do not materially interfere with the ordinary conduct of the business of the Parent Borrower
and its Subsidiaries taken as a whole;

          (h) Liens securing or consisting of (i) Indebtedness of the Parent Borrower and its
Subsidiaries permitted by subsection 7.1(f) incurred to finance or refinance the acquisition,
leasing, construction or improvement of fixed or capital assets or (ii) Indebtedness of the Parent
Borrower and its Subsidiaries permitted by subsection 7.1(g) assumed in connection with any
acquisition permitted by subsection 7.8, provided that (i) such Liens shall not be created
in contemplation of the acquisition permitted by subsection 7.8 and shall be created no later than
the later of the date of such acquisition or the date of the assumption of such Indebtedness, and
(ii) such Liens do not at any time encumber any property other than the property financed or
refinanced by such Indebtedness and, in the case of Indebtedness assumed in connection with any
such acquisition, the total value of the collateral constituting such Liens immediately

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following such acquisition shall not be materially greater than the value of the collateral
constituting such Liens immediately prior to such acquisition;

          (i) Liens existing on assets or properties at the time of the acquisition thereof by the
Parent Borrower or any of its Subsidiaries which do not materially interfere with the use,
occupancy, operation and maintenance of structures existing on the property subject thereto or
extend to or cover any assets or properties of the Parent Borrower or such Subsidiary other than
the assets or property being acquired;

          (j) Liens in existence on the Closing Date and listed on Schedule 7.2(j) and other Liens
securing Assumed Indebtedness;

          (k) Liens securing Guarantee Obligations permitted under subsection 7.3(e);

          (l) Liens created pursuant to the Security Documents;

          (m) any encumbrance or restriction (including put and call agreements) with respect to the
Capital Stock of any joint venture or similar arrangement pursuant to the joint venture or similar
agreement with respect to such joint venture or similar arrangement, provided that no such
encumbrance or restriction affects in any way the ability of the Parent Borrower or any of its
Subsidiaries to comply with subsection 6.9(b) or (c);

          (n) Liens on property subject to Sale and Leaseback Transactions permitted under subsection
7.10 and general intangibles related thereto;

          (o) Liens on Intellectual Property; provided that such Liens result from the granting
of licenses in the ordinary course of business to or from any Person to use such Intellectual
Property;

          (p) Liens on property (i) of any Subsidiary that is not a Loan Party and (ii) that does not
constitute Collateral, which Liens secure Indebtedness of the applicable Subsidiary permitted under
subsection 7.1, Guarantee Obligations of the applicable Subsidiary
permitted under subsection 7.1 or other liabilities or obligations of the applicable Subsidiary not
prohibited by this Agreement;

          (q) Liens securing or consisting of Indebtedness of the Parent Borrower and its Subsidiaries
permitted by subsection 7.1(d) and any refinancings, extensions and replacements thereof otherwise
permitted under this Agreement;

          (r) Liens on property of any Foreign Subsidiary of the Parent Borrower securing Indebtedness
of such Subsidiary permitted by subsection 7.2(q);

          (s) Liens (i) that are contractual rights of set-off, (ii) relating to purchase orders and
other agreements entered into with customers or suppliers of the Parent Borrower or any Subsidiary
in the ordinary course of business or (iii) in favor of financial institutions encumbering deposits
or other amounts (including the right of set-off) which are within the general parameters customary
in the banking industry;

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

          (u) Liens not otherwise permitted hereunder, all of which Liens permitted pursuant to this
subsection 7.2(u) secure obligations not exceeding $60,000,000 in aggregate amount at any time
outstanding.

          7.3 Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any
Guarantee Obligation except:

          (a) Guarantee Obligations in existence on the Closing Date and listed in Schedule
7.3(a), and any refinancings, refundings, extensions or renewals thereof, provided that
the amount of such Guarantee Obligation shall not be increased at the time of such refinancing,
refunding, extension or renewal except to the extent that the amount of Indebtedness in respect of
such Guarantee Obligations is permitted to be increased by subsection 7.1(o);

          (b) Guarantee Obligations for performance, bid, appeal, judgment, replevin and similar bonds
and suretyship arrangements, all in the ordinary course of business;

          (c) Guarantee Obligations in respect of indemnification and contribution agreements expressly
permitted by subsection 7.9(d) or similar agreements by the Parent Borrower;

          (d) reimbursement obligations in respect of any banker’s acceptance or letters of credit
permitted under subsection 7.1;

          (e) Guarantee Obligations in respect of third-party loans and advances to officers or
employees of Holdings or any of its Subsidiaries (i) for travel and entertainment expenses incurred
in the ordinary course of business, (ii) for relocation expenses incurred in the
ordinary course of business, or (iii) for other purposes in an aggregate amount so long as all
Guarantee Obligations incurred under this paragraph (e), together with the aggregate amount of all
Investments permitted under subsection 7.7(e) (other than clause (iv) thereof), does not exceed
$7,500,000 outstanding at any time;

          (f) obligations to insurers required in connection with worker’s compensation and other
insurance coverage incurred in the ordinary course of business;

          (g) obligations of the Parent Borrower and its Subsidiaries under any Interest Rate Protection
Agreements (other than those entered into for speculative purposes) or under Permitted Hedging
Arrangements;

          (h) Guarantee Obligations incurred in connection with acquisitions permitted under subsection
7.8, provided that if any such Guarantee Obligation inures to the benefit of any Person
other than the Person from whom such acquisition is made or any Affiliate thereof, such Guarantee
Obligation shall not exceed, with respect to any such acquisition, 70% of the purchase price of
such acquisition (including any Indebtedness assumed in connection with any such acquisition) (or
such greater percentage as shall be reasonably satisfactory to the Administrative

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Agent or, if any such purchase price shall be greater than $100,000,000, such greater percentage
shall be reasonably satisfactory to the Required Lenders);

          (i) guarantees made by the Parent Borrower or any of its Subsidiaries of obligations of the
Parent Borrower or any of its Subsidiaries (other than any Indebtedness outstanding pursuant to
subsections 7.1(b), (c), (d), (j), (k) and (q)) which obligations are otherwise permitted under
this Agreement;

          (j) Guarantee Obligations in connection with sales or other dispositions permitted under
subsection 7.6, including indemnification obligations with respect to leases, and guarantees of
collectability in respect of accounts receivable or notes receivable for up to face value;

          (k) Guarantee Obligations incurred pursuant to the Guarantee and Collateral Agreement or any
Canadian Security Document or otherwise in respect of Indebtedness permitted by subsection 7.1(a);

          (l) Guarantee Obligations in respect of Indebtedness permitted pursuant to subsections 7.1(b),
(c) and (d), provided that (x) Guarantee Obligations in respect of Indebtedness permitted
pursuant to subsections 7.1(b) and 7.1(d) shall be permitted only so long as such Guarantee
Obligations are incurred only by Guarantors or Borrowers and (y) Guarantee Obligations in respect
of Assumed Indebtedness permitted pursuant to subsection 7.1(c) shall be permitted to the extent no
additional guarantors of such Indebtedness are added following the Closing Date;

          (m) accommodation guarantees for the benefit of trade creditors of the Parent Borrower or any
of its Subsidiaries in the ordinary course of business;

          (n) Guarantee Obligations in respect of Indebtedness or other obligations of a Person in
connection with a joint venture or similar arrangement in respect of which no other co-investor or
other Person has a greater legal or beneficial ownership interest than the Parent Borrower or any
of its Subsidiaries, and as to all of such Persons does not at any time exceed $25,000,000 in
aggregate principal amount; and

          (o) Guarantee Obligations of the Parent Borrower and its Subsidiaries in respect of
Indebtedness of Foreign Subsidiaries incurred pursuant to subsection 7.1(q); provided that
the aggregate amount of such Guarantee Obligations outstanding pursuant to this clause (o), when
aggregated with (i) all dividends made pursuant to subsection 7.6(j), (ii) all Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) outstanding pursuant to
subsection 7.7(m) and (n), (iii) all cash consideration paid in respect of acquisitions pursuant to
subsection 7.8(b)(iii) and (iv) all optional prepayments made pursuant to subsection 7.12(f) do not
at any time exceed $150,000,000.

          7.4 Limitation on Fundamental Changes. Enter into any merger, consolidation or
amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation

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or dissolution), or convey, sell, lease, assign, transfer or otherwise dispose of, all or
substantially all of its property, business or assets, except:

          (a) any Subsidiary of the Parent Borrower may be merged, consolidated or amalgamated with or
into the Parent Borrower (provided that the Parent Borrower shall be the continuing or
surviving corporation) or with or into any one or more Wholly Owned Subsidiaries of the Parent
Borrower (provided that the Wholly Owned Subsidiary or Subsidiaries of the Parent Borrower
shall be the continuing or surviving entity); provided that if such merger or consolidation
constitutes a transfer of all or substantially all of the assets of any Loan Party the continuing
or surviving entity shall be a Loan Party;

          (b) any Subsidiary of the Parent Borrower may sell, lease, transfer or otherwise dispose of
any or all of its assets (upon voluntary liquidation or otherwise) to the Parent Borrower or any
Wholly Owned Subsidiary of the Parent Borrower (and, in the case of a non-Wholly Owned Subsidiary,
may be liquidated to the extent the Parent Borrower or any Wholly Owned Subsidiary which is a
direct parent of such non-Wholly Owned Subsidiary receives a pro rata distribution of the assets
thereof); provided that if the Subsidiary that disposes of any or all of its assets is a
Loan Party, the transferee of such assets shall be a Loan Party; and

          (c) as expressly permitted by subsection 7.5.

          7.5 Limitation on Sale of Assets. Convey, sell, lease, assign, transfer, license,
abandon or otherwise dispose of any of its property, business or assets (including receivables and
leasehold interests) (other than leases or rentals of revenue earning equipment in the ordinary
course of business), whether now owned or hereafter acquired, or, in the case of any Subsidiary of
Holdings, issue or sell any shares of such Subsidiary’s Capital Stock, to any Person other than,
subject to any applicable limitations set forth in subsection 7.4, Holdings or any Wholly Owned
Subsidiary of Holdings, except:

          (a) the sale or other Disposition of obsolete, worn out or surplus property, whether now owned
or hereafter acquired, in the ordinary course of business;

          (b) the sale or other Disposition of any Inventory or Equipment in the ordinary course of
business;

          (c) the sale or discount without recourse of accounts receivable or notes receivable arising
in the ordinary course of business, or the conversion or exchange of accounts receivable into or
for notes receivable, in each case in connection with the compromise or collection thereof;
provided that, in the case of any Foreign Subsidiary of the Parent Borrower, any such sale
or discount may be with recourse if such sale or discount is consistent with customary practice in
such Foreign Subsidiary’s country of business;

          (d) as permitted by subsection 7.4(b) and pursuant to Sale and Leaseback Transactions
permitted by subsection 7.10;

          (e) subject to any applicable limitations set forth in subsection 7.4, Dispositions of any
assets or property among (i) the Borrowers and the Subsidiary Guarantors and (ii) the Non-Guarantor
Subsidiaries;

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          (f) (i) the abandonment or other Disposition of patents, trademarks or other Intellectual
Property that are, in the reasonable judgment of the Parent Borrower, no longer economically
practicable to maintain or useful in the conduct of the business of the Parent Borrower and its
Subsidiaries taken as a whole and (ii) licensing of Intellectual Property in the ordinary course of
business;

          (g) any Disposition by the Parent Borrower or any of its Subsidiaries, provided that
(i) the Net Cash Proceeds of each such Disposition do not exceed $15,000,000 and (ii) the aggregate
Net Cash Proceeds of all Dispositions in any Fiscal Year made pursuant to this paragraph (g) do not
exceed $25,000,000;

          (h) any other Asset Sales by the Parent Borrower or any of its Subsidiaries the Net Cash
Proceeds of which other Asset Sales do not exceed $110,000,000 in the aggregate after the Closing
Date, provided that in the case of any such Asset Sale, an amount equal to 100% of the Net
Cash Proceeds of such Dispositions less the Reinvested Amount is applied in accordance with
subsection 3.4(b);

          (i) any involuntary Disposition due to casualty or condemnation; and

          (j) any Disposition set forth on Schedule 7.5(j).

          7.6 Limitation on Dividends. Declare or pay any dividend (other than dividends payable
solely in common stock of the Parent Borrower or options, warrants or other rights to purchase
common stock of the Parent Borrower on, or make any payment on account of, or set apart assets for
a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other
acquisition of, any shares of any class of Capital Stock of the Parent Borrower or any of its
Subsidiaries or any warrants or options to purchase any such Capital Stock, whether now or
hereafter outstanding, or make any other distribution (other than distributions payable solely in
common stock of the Parent Borrower or options, warrants or other rights to purchase common stock
of the Parent Borrower) in respect thereof, either directly or indirectly, whether in cash or
property or in obligations of the Parent Borrower or any of its Subsidiaries, except that:

          (a) any Subsidiary of the Parent Borrower may pay dividends or return capital or make
distributions and other similar payments with regard to its Capital Stock to the Parent Borrower or
to a Wholly Owned Subsidiary of the Parent Borrower which owns equity therein;

          (b) any non-Wholly Owned Subsidiary of the Parent Borrower may pay dividends or return capital
or make distributions and other similar payments to its shareholders generally so long as the
Parent Borrower or its respective Subsidiary which owns the Capital Stock in the Subsidiary paying
such dividends or returning such capital or making such distributions and other similar payments
receives at least its proportionate share thereof (based upon its relative holding of the Capital
Stock in the Subsidiary paying such dividends or returning such capital or making such
distributions and other similar payments and taking into account the relative preferences, if any,
of the various classes of Capital Stock of such Subsidiary);

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          (c) the Parent Borrower and any of its Subsidiaries may pay cash dividends in an amount
sufficient to allow any Parent Entity to pay expenses (other than taxes) incurred in the ordinary
course of business, provided that, if any Parent Entity shall own any material assets other
than the Capital Stock of Holdings or another Parent Entity or other assets relating to the
ownership interest of such Parent Entity in another Parent Entity, the Parent Borrower or
Subsidiaries of the Parent Borrower, such cash dividends with respect to such Parent Entity shall
be limited to the reasonable and proportional share, as determined by the Parent Borrower in its
reasonable discretion, of such expenses incurred by such Parent Entity relating or allocable to its
ownership interest in the Parent Borrower or another Parent Entity and such other related assets;

          (d) the Parent Borrower and any of its Subsidiaries may pay cash dividends in an amount
sufficient to cover reasonable and necessary expenses (including professional fees and expenses)
(other than taxes) incurred by any Parent Entity in connection with (i)
registration, public offerings and exchange listing of equity or debt securities and maintenance of
the same, (ii) compliance with reporting obligations under, or in connection with compliance with,
federal or state laws or under this Agreement or any of the other Loan Documents and (iii)
indemnification and reimbursement of directors, officers and employees in respect of liabilities
relating to their serving in any such capacity, or obligations in respect of director and officer
insurance (including premiums therefor), provided that, in the case of sub-clause (i)
above, if any Parent Entity shall own any material assets other than the Capital Stock of Holdings
or another Parent Entity or other assets relating to the ownership interest of such Parent Entity
in another Parent Entity, Holdings or its Subsidiaries, with respect to such Parent Entity such
cash dividends shall be limited to the reasonable and proportional share, as determined by the
Parent Borrower in its reasonable discretion, of such expenses incurred by such Parent Entity
relating or allocable to its ownership interest in another Parent Entity, Holdings and such other
assets;

          (e) the Parent Borrower and any of its Subsidiaries may pay, without duplication, cash
dividends (i) pursuant to the Tax Sharing Agreement, and (ii) to pay or permit any Parent Entity to
pay any Related Taxes;

          (f) the Parent Borrower and any of its Subsidiaries may pay cash dividends in an amount
sufficient to allow any Parent Entity to repurchase shares of its Capital Stock or rights, options
or units in respect thereof from any Management Investors or former Management Investors (or any of
their respective heirs, successors, assigns, legal representatives or estates), or as otherwise
contemplated by any Management Subscription Agreements, for an aggregate purchase price not to
exceed $15,000,000; provided that such amount shall be increased by (i) an amount equal to
$3,000,000 on each anniversary of the Closing Date, commencing on the first anniversary of the
Closing Date, and (ii) an amount equal to the proceeds to the Parent Borrower (whether received by
it directly or from a Parent Entity or applied to pay Parent Entity Expenses) of any resales or new
issuances of shares and options to any Management Investors, at any time after the initial
issuances to any Management Investors, together with the aggregate amount of deferred compensation
owed by the Parent Borrower or any of its Subsidiaries to any Management Investor that shall
thereafter have been cancelled, waived or exchanged at any time after the initial issuances to any
thereof in connection with the grant to such Management Investor of the right to receive or acquire
shares of the Holdings’ or any Parent Entity’s Capital Stock;

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          (g) the Parent Borrower and any of its Subsidiaries may pay cash dividends in an amount
sufficient to allow any Parent Entity to pay all fees and expenses incurred in connection with the
Transaction and the other transactions expressly contemplated by this Agreement and the other Loan
Documents, and to allow Holdings to perform its obligations under or in connection with the Loan
Documents to which it is a party;

          (h) the Parent Borrower and any of its Subsidiaries may pay a cash dividend to Holdings (and
Holdings may use the cash proceeds thereof to pay a cash dividend directly or
indirectly to any Parent Entity), in each case on the Closing Date to give effect to the
Recapitalization;

          (i) the Parent Borrower and any of its Subsidiaries may pay dividends in an amount sufficient
to allow any Parent Entity to pay all fees, expenses, purchase price adjustments and other
obligations (other than any obligation (other than Related Taxes) related to the Seller Notes)
incurred pursuant to the Recapitalization Agreement as in effect on the date hereof or the
Indemnification Agreement (as defined in the Recapitalization Agreement) as in effect on the date
hereof; and

          (j) so long as no Default or Event of Default has occurred and is continuing or would result
therefrom, the Parent Borrower and any of its Subsidiaries may pay cash dividends; provided
that the aggregate amount of such dividends pursuant to this clause (j), when aggregated with (i)
all Guarantee Obligations outstanding pursuant to subsection 7.3(o), (ii) all Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) outstanding pursuant to
paragraphs 7.7(m) and (n), (iii) all cash consideration paid in respect of acquisitions pursuant to
paragraph 7.8(b)(iii) and (iv) all optional prepayments made pursuant to subsection 7.12(f), do not
at any time exceed $150,000,000; provided further that the aggregate amount of such
dividends paid pursuant to this paragraph (j) shall not exceed (x) $50,000,000 during any fiscal
year of the Parent Borrower or (y) $75,000,000 in any two consecutive fiscal years of the Parent
Borrower.

          7.7 Limitation on Investments, Loans and Advances. Make any advance, loan, extension
of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other
securities of or any assets constituting a business unit of, or make any other investment, in cash
or by transfer of assets or property, in (each an “Investment”), any Person, except:

          (a) extensions of trade credit in the ordinary course of business;

          (b) Investments in cash and Cash Equivalents;

          (c) Investments
existing on the Closing Date and described in
Schedule 7.7(c), setting forth
the respective amounts of such Investments as of a recent date;

          (d) Investments in notes receivable and other instruments and securities obtained in
connection with transactions permitted by subsection 7.5(c);

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          (e) loans and advances to officers, directors or employees of Holdings or any of its
Subsidiaries (i) in the ordinary course of business for travel and entertainment expenses, (ii) for
relocation expenses in the ordinary course of business or (iii) made for other purposes in an
aggregate amount so long as all such Investments (determined as the amount originally advanced,
loaned or otherwise invested, less any returns on the
respective Investment not to exceed the original amount invested) pursuant to this paragraph (e)
(other than clause (iv) hereof), together with the aggregate amount of all Guarantee Obligations
permitted pursuant to subsection 7.3(e), does not exceed $10,000,000 outstanding at any time and
(iv) relating to indemnification or reimbursement of any officers, directors or employees in
respect of liabilities relating to their serving in any such capacity or as otherwise specified in
subsection 7.9;

          (f) (i) Investments by any Borrower or any other Subsidiary Guarantor in any Borrower or any
Subsidiary Guarantor, (ii) Investments by any Non-Guarantor Subsidiary in any other Non-Guarantor
Subsidiary, (iii) Investments by Canadian Finco to RSC Canada consisting of intercompany loans made
by Canadian Finco in RSC Canada and (iv) Investments in Holdings in amounts and for purposes for
which dividends are permitted under subsection 7.7;

          (g) acquisitions expressly permitted by subsection 7.8;

          (h) Investments of the Parent Borrower and its Subsidiaries under Interest Rate Protection
Agreements (other than those entered into for speculative purposes) or under Permitted Hedging
Arrangements;

          (i) Investments in the nature of pledges or deposits with respect to leases or utilities
provided to third parties in the ordinary course of business or otherwise described in subsection
7.2(c), (d) or (f);

          (j) Investments representing non-cash consideration received by the Parent Borrower or any of
its Subsidiaries in connection with any Asset Sale, provided that in the case of any Asset
Sale permitted under subsection 7.5(g) or (h), such non-cash consideration constitutes not more
than 25% of the aggregate consideration received in connection with such Asset Sale and any such
non-cash consideration received by the Parent Borrower or any other Loan Party is pledged to the
Collateral Agent, for the benefit of the Lenders, pursuant to the Security Documents;

          (k) Investments in industrial development or revenue bonds or similar obligations secured by
assets leased to and operated by the Parent Borrower or any of its Subsidiaries that were issued in
connection with the financing of such assets, so long as the Parent Borrower or any such Subsidiary
may obtain title to such assets at any time by optionally canceling such bonds or obligations,
paying a nominal fee and terminating such financing transaction;

          (l) Investments representing evidences of Indebtedness, securities or other property received
from another Person by the Parent Borrower or any of its Subsidiaries in connection with any
bankruptcy proceeding or other reorganization of such other Person or as a result of foreclosure,
perfection or enforcement of any Lien or exchange for evidences of Indebtedness, securities or
other property of such other Person held by the Parent Borrower or

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any of its Subsidiaries; provided that any such securities or other property received by
the Parent Borrower or any other Loan Party is pledged to the Collateral Agent, for the benefit of
the Lenders, pursuant to the Security Documents;

          (m) Investments by the Parent Borrower or any of its Subsidiaries in a Person in connection
with a joint venture or similar arrangement in respect of which no other co-investor or other
Person has a greater legal or beneficial ownership interest than the Parent Borrower or such
Subsidiary; provided that (i) the aggregate amount of such Investments (determined as the
amount originally advanced, loaned or otherwise invested, less any returns on the respective
Investment not to exceed the original amount invested) outstanding pursuant to this paragraph (m),
when aggregated with (A) all Guarantee Obligations outstanding pursuant to subsection 7.3(o), (B)
dividends paid pursuant to subsection 7.6(j), (C) all Investments (determined as the amount
originally advanced, loaned or otherwise invested, less any returns on the respective Investment
not to exceed the original amount invested) outstanding pursuant to paragraph (n) of this
subsection 7.7, (D) all cash consideration paid in respect of acquisitions pursuant to subsection
7.8(b)(iii) and (E) all optional prepayments made pursuant to subsection 7.12(f), do not at any
time exceed $150,000,000, (ii) the aggregate amount of Investments (determined as the amount
originally advanced, loans or otherwise invested, less any returns on the respective Investment not
to exceed the original amount invested) in Persons pursuant to this paragraph (m), when aggregated
with all Investments (determined as the amount originally advanced, loaned or otherwise invested,
less any returns on the respective Investment not to exceed the original amount invested) in
Persons that are organized outside of the United States and Canada pursuant to paragraph (m) and
all acquisitions pursuant to paragraph (b)(iii) of subsection 7.7 in Persons that are organized (or
assets that are located) outside of the United States and Canada shall not exceed $45,000,000 and
(iii) the Parent Borrower or such Subsidiary complies with the provisions of subsection 6.9(b) and
(c) hereof, if applicable, with respect to such ownership interest;

          (n) other Investments; provided that (i) the aggregate amount of such Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) outstanding pursuant to this
paragraph (n), when aggregated with (A) all Guarantee Obligations outstanding pursuant to
subsection 7.3(o), (B) all dividends paid pursuant to subsection 7.6(j), (C) all Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) pursuant to paragraph (m) of
this subsection 7.7, (D) all cash consideration paid in respect of acquisitions pursuant to
subsection 7.8(b)(iii) and (E) all optional prepayments made pursuant to subsection 7.12(f), do not
at any time exceed $150,000,000 and (ii) the aggregate amount of Investments (determined as the
amount originally advanced, loaned or otherwise invested, less any returns on the respective
Investment not to exceed the original amount invested) pursuant to this paragraph (n) in Persons
that are organized outside of the United States and Canada, when aggregated with all Investments
(determined as the amount originally advanced,
loaned or otherwise invested, less any returns on the respective Investment not to exceed the
original amount invested) pursuant to paragraph (m) of this subsection 7.7 and all acquisitions
pursuant to paragraph (b)(iii) of subsection 7.8 in Persons that are organized (or assets that are
located) outside of the United States and Canada, shall not exceed $45,000,000.

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          7.8 Limitations on Certain Acquisitions. Acquire by purchase or otherwise all the
business or assets of, or stock or other evidences of beneficial ownership of, any Person, except
that the Parent Borrower and its Subsidiaries shall be allowed to make any such acquisitions so
long as:

     (a) such acquisition is expressly permitted by subsection 7.4, or

     (b) the aggregate consideration paid by the Parent Borrower and its Subsidiaries for such
acquisition (including cash and indebtedness incurred or assumed in connection with such
acquisition) consists solely of any combination of:

     (i) Capital Stock of any Parent Entity or Holdings; and/or

     (ii) cash in an amount equal to the Net Cash Proceeds of the sale or issuance of Capital Stock
of any Parent Entity or Holdings which amount is contributed to the Parent Borrower within 90 days
prior to the date of the relevant acquisition (and is not a Specified Equity Contribution); and/or

     (iii) so long as no Default or Event of Default has occurred and is continuing or would result
therefrom, cash and other property (excluding cash and other property covered in clauses (i) and
(ii) of this subsection 7.8(b)) and Indebtedness (whether incurred or assumed, in an aggregate
amount); provided that (i) the aggregate amount of such cash consideration paid pursuant to
this clause (b)(iii), when aggregated with ((A) all Guarantee Obligations outstanding pursuant to
subsection 7.3(o), (B)) all dividends paid pursuant to subsection 7.6(j), (C) all Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) pursuant to subsections
7.7(m) and (n) and (D) all optional prepayments made pursuant to subsection 7.12(f), does not
exceed $150,000,000 in the aggregate and (ii) the aggregate consideration paid in respect of
acquisitions of Persons that are organized (or assets that are located) outside of the United
States and Canada pursuant to this clause (b)(iii)), when aggregated with all Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) pursuant to paragraphs (m)
and (n) of subsection 7.7, shall not exceed $45,000,000.

provided, further, that in the case of each such acquisition pursuant to paragraphs
(a), and (b) of this subsection 7.8, after giving effect thereto, no Default or Event of Default
shall occur as a result of such acquisition.

          7.9 Limitation on Transactions with Affiliates. Enter into any transaction, including
any purchase, sale, lease or exchange of property or the rendering of any service, with any
Affiliate unless such transaction is (a) otherwise permitted under this Agreement, and (b) upon
terms no less favorable to Holdings or such Subsidiary, as the case may be, than it would obtain in
a comparable arm’s length transaction with a Person which is not an Affiliate; provided
that nothing contained in this subsection 7.9 shall be deemed to prohibit:

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     (a) Holdings or any of its Subsidiaries from entering into or performing any consulting,
management or employment agreements or other compensation arrangements with a director, officer or
employee of Holdings or any of its Subsidiaries that provides for annual aggregate base
compensation not in excess of $2,000,000 for each such director, officer or employee;

     (b) Holdings or any of its Subsidiaries from entering into or performing an agreement with any
Sponsor or any Affiliate of any Sponsor for the rendering of management consulting, monitoring or
financial advisory services for compensation not to exceed in the aggregate $6,000,000 per year
plus reasonable out-of-pocket expenses;

     (c) the payment of transaction expenses in connection with this Agreement;

     (d) Holdings or any of its Subsidiaries from entering into, making payments pursuant to and
otherwise performing an indemnification and contribution agreement in favor of any Permitted Holder
and each person who is or becomes a director, officer, agent or employee of Holdings or any of its
Subsidiaries, in respect of liabilities (A) arising under the Securities Act, the Exchange Act and
any other applicable securities laws or otherwise, in connection with any offering of securities by
any Parent Entity (provided that, if such Parent Entity shall own any material assets other
than the Capital Stock of Holdings or another Parent Entity or other assets relating to the
ownership interest of such Parent Entity in Holdings or another Parent Entity, such liabilities
shall be limited to the reasonable and proportional share, as determined by the Parent Borrower in
its reasonable discretion, of such liabilities relating or allocable to the ownership interest of
such Parent Entity in Holdings or another Parent Entity and such other related assets) or Holdings
or any of its Subsidiaries, (B) incurred to third parties for any action or failure to act of
Holdings or any of its Subsidiaries, predecessors or successors, (C) arising out of the performance
by any Affiliate of any Sponsor of management consulting, monitoring or financial advisory services
provided to Holdings or any of its Subsidiaries, (D) arising out of the fact that any indemnitee
was or is a director, officer, agent or employee of Holdings or any of its Subsidiaries, or is or
was serving at the request of any such corporation as a director, officer, employee or agent of
another corporation, partnership, joint venture, trust or enterprise or (E) to the fullest extent
permitted by Delaware or other applicable state law, arising out of any breach or alleged breach by
such indemnitee of his or her fiduciary duty as a director or officer of Holdings or any of its
Subsidiaries;

     (e) Holdings or any of its Subsidiaries from performing any agreements or commitments with or
to any Affiliate existing on the Closing Date and described on Schedule 7.9(e);

     (f) any transaction permitted under subsection 7.3(c), 7.3(e), 7.4, 7.6, 7.7(e) and 7.7(f),
and any transaction between Holdings, any Borrower and any of the Subsidiary Guarantors;

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     (g) Holdings and its Subsidiaries from paying the Sponsors and/or their respective Affiliates
a transaction fee pursuant to the Transaction Agreement, dated as of the date hereof, among the
Sponsors, ACNA and RSC, and the out-of-pocket expenses of the Sponsors and/or their respective
Affiliates incurred in connection with the Recapitalization Agreement and the transactions
contemplated thereby (including the Financing Transactions (as defined in the Recapitalization
Agreement), on the Closing Date in accordance with the terms thereof;

     (h) the Transaction, and all transactions relating thereto; and

     (i) Holdings or any of its Subsidiaries from performing its obligations under the Tax Sharing
Agreement.

For purposes of this subsection 7.9, any transaction with any Affiliate shall be deemed to have
satisfied the standard set forth in clause (b) of the first sentence hereof if (i) such transaction
is approved by a majority of the Disinterested Directors of the board of directors of any Parent
Entity, Holdings, the Parent Borrower or such Subsidiary, or (ii) in the event that at the time of
any such transaction, there are no Disinterested Directors serving on the board of directors of any
Parent Entity, Holdings, the Parent Borrower or such Subsidiary, such transaction shall be approved
by a nationally recognized expert with expertise in appraising the terms and conditions of the type
of transaction for which approval is required.

          7.10 Limitation on Sale and Leaseback Transactions. Enter into any arrangement with
any Person providing for the leasing by the Parent Borrower or any of its Subsidiaries that is a
Loan Party of real or personal property which has been or is to be sold or transferred by the
Parent Borrower or any such Subsidiary to such Person or to any other Person that has advanced or
that shall advance funds to the Parent Borrower or such Subsidiary on the security of such property
or rental obligations of the Parent Borrower or such Subsidiary (any of such arrangements, a
“Sale and Leaseback Transaction”), unless (a) such sale or transfer occurs within 90 days
after the acquisition of such property by the Parent Borrower or any such Subsidiary, (b) such Sale
and Leaseback Transaction is in respect of any of the real properties listed on Schedule
7.10(b) (the “Sale and Leaseback Real Properties”) or (c) for Sale and Leaseback
Transactions not otherwise permitted hereunder, the aggregate amount of all of such Sale and
Leaseback not exceeding $5,000,000 at any time.

          7.11 Limitation on Dispositions of Collateral. Convey, sell, transfer, lease, or
otherwise dispose of any of the Collateral, or attempt, offer or contract to do so (unless such
attempt, offer or contract is conditioned upon obtaining any requisite consent of the Lenders
hereunder), except for (a) mergers, amalgamations, consolidations, sales, leases, transfers or
other Dispositions expressly permitted under subsection 7.4 and (b) sales or other Dispositions
expressly permitted under subsection 7.5, including sales of Equipment in the ordinary course of
business; and the Administrative Agent and the Collateral Agent shall, and the Lenders hereby
authorize the Administrative Agent and the Collateral Agent to, execute such releases of Liens and
take such other actions as the Parent Borrower may reasonably request in connection with the
foregoing.

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          7.12 Limitation on Optional Payments and Modifications of Debt Instruments and Other
Documents. (a) Make any optional payment or prepayment on or optional repurchase or redemption
of any of the Senior Notes or any other Indebtedness (other than Indebtedness incurred pursuant to
subsections 7.1(a), (c), (d), (e), (m), (p) or (q) (but in the case of subsection 7.1(q), only to
the extent such payment, prepayment, repurchase or redemption is not paid with cash of or financing
obtained by Holdings or any of its Domestic Subsidiaries including any payments on account of, or
for a sinking or other analogous fund for, the repurchase, redemption, defeasance or other
acquisition thereof.

          (b) In the event of the occurrence of a Change of Control, repurchase or repay any
Indebtedness then outstanding pursuant to any of the Senior Notes or any portion thereof, unless
the Borrowers shall have (i) made payment in full of the Term Loans and any other amounts then due
and owing to any Lender or the Administrative Agent hereunder and under any Note or (ii) made an
offer to pay the Term Loans and any amounts then due and owing to each Lender and the
Administrative Agent hereunder and under any Note.

          (c) Amend, supplement, waive or otherwise modify any of the provisions of any Senior Note
Document (including pursuant to an extension, renewal, replacement or refinancing thereof):

     (i) which shortens the fixed maturity or increases the principal amount of, or increases the
rate or shortens the time of payment of interest on, or increases the amount or shortens the time
of payment of any principal or premium payable whether at maturity, at a date fixed for prepayment
or by acceleration or otherwise of the Indebtedness evidenced by the Senior Notes, or increases the
amount of, or accelerates the time of payment of, any fees or other amounts payable in connection
therewith;

     (ii) which relates to any material affirmative or negative covenants or any events of default
or remedies thereunder and the effect of which is to subject Holdings or any of its Subsidiaries to
any more onerous or more restrictive provisions; or

     (iii) which otherwise adversely affects the interests of the Lenders as senior secured
creditors with respect to the Senior Notes or the interests of the Lenders under this Agreement or
any other Loan Document in any material respect.

          (d) Amend, supplement, waive or otherwise modify any of the provisions of any ABL Loan
Documents (including pursuant to an extension, renewal, replacement or refinancing thereof), except
as permitted by the Intercreditor Agreement.

          (e) (i) Amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the terms
and conditions of the Tax Sharing Agreement in any manner that would increase the amounts payable
by Holdings or any of its Subsidiaries thereunder, other than amendments reasonably reflecting
changes in law or regulations after the date hereof, or (ii) otherwise amend, supplement or
otherwise modify the terms and conditions of the Tax Sharing Agreement except to the extent that
any such amendment, supplement or modification could not reasonably be expected to have a Material
Adverse Effect.

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          (f) Notwithstanding the foregoing, so long as no Default or Event of Default has occurred and
is continuing or would result therefrom, the Parent Borrower shall be permitted to make optional
payments in respect of the Senior Notes and Indebtedness of Foreign Subsidiaries incurred pursuant
to subsection 7.1(q); provided that the aggregate amount of optional payments made pursuant
to this paragraph (f), when aggregated with (A) all Guarantee Obligations outstanding pursuant to
subsection 7.3(o), (B) all dividends paid pursuant to subsection 7.6(j), (C) all Investments
(determined as the amount originally advanced, loaned or otherwise invested, less any returns on
the respective Investment not to exceed the original amount invested) pursuant to subsections
7.7(m) and (n) and (D) all cash consideration paid in respect of acquisitions pursuant to
subsection 7.8(b)(iii), do not at any time exceed $150,000,000.

          (g) Notwithstanding the foregoing, the Parent Borrower shall be permitted to redeem
outstanding Senior Notes with the proceeds received (directly or indirectly) by the Parent Borrower
from equity issuances by any Parent Entity of its Capital Stock in connection with the exercise by
the Parent Borrower and RSC of their right to redeem Senior Notes with proceeds of such equity
issuances pursuant to the Senior Note Indenture.

          7.13 Limitation on Changes in Fiscal Year. Permit the Fiscal Year of Holdings, the
Parent Borrower or RSC to end on a day other than December 31.

          7.14 Limitation on Negative Pledge Clauses. Enter into with any Person any agreement
which prohibits or limits the ability of Holdings or any of its Subsidiaries (other than any
Foreign Subsidiaries or Subsidiaries thereof) to create, incur, assume or suffer to exist any Lien
in favor of the Lenders in respect of obligations and liabilities under this Agreement or any other
Loan Documents upon any of its property, assets or revenues, whether now owned or hereafter
acquired, other than (a) this Agreement, the other Loan Documents and any related documents, the
Senior Note Documents, or the ABL Loan Documents, (b) any industrial revenue or development bonds,
purchase money mortgages, acquisition agreements or Financing Leases permitted by this Agreement
(in which cases, any prohibition or limitation shall only be effective against the assets financed
or acquired thereby), or (c) operating leases of real property entered into in the ordinary course
of business.

          7.15 Limitation on Lines of Business. (a) Enter into any business, either directly or
through any Subsidiary or otherwise, except for those businesses of the same general type as those
in which the Parent Borrower and its Subsidiaries are engaged on the Closing Date or which are
reasonably related thereto.

          (b) In the case of any Foreign Subsidiary Holdco, (x) own any material assets other than
securities or Indebtedness of one or more Foreign Subsidiaries and other assets relating to an
ownership interest in any such securities, Indebtedness or Subsidiaries or (y) incur or become
liable for any Indebtedness for borrowed money to any Person other than the Parent Borrower or a
Subsidiary of the Parent Borrower, any other material Indebtedness to any Person other than the
Parent Borrower or a Subsidiary of the Parent Borrower or any Guarantee Obligations of any
Indebtedness (other than of any Foreign Subsidiary or any Subsidiary of any Foreign Subsidiary), in
each case except pursuant to subsections 7.1(a) and 7.3(k).

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          (c) Holdings will not (i) engage at any time in any business or business activity, other than
(A) its ownership of all outstanding Capital Stock issued by the Parent Borrower, (B) actions
incidental to the consummation of the Transaction, (C) actions required by law to maintain its
existence or to engage in the business or business activities described in clause (A) above, (D)
the payment of dividends and taxes and (E) activities incidental to its maintenance and continuance
and to the foregoing activities; (ii) own any material assets other than those relating to the
business and business activities described in clause (i) above; and (iii) incur any Indebtedness
other than Indebtedness arising from Investments made pursuant to subsection 7.7(f)(iii) and any
Indebtedness incurred pursuant to this Agreement, the other Loan Documents and the ABL Loan
Documents, (iv) merge or consolidated with or into any other Person or (v) incur or assume to any
Lien on its property, assets or revenues, except Liens created pursuant to the Security Documents
or the ABL Loan Documents.

          (d) From and after the creation thereof, Canadian Finco will not (i) engage at any time in any
business activity, other than (A) its ownership of or disposition to RSC of, outstanding capital
stock issued by RSC Canada and any debt securities or note payables, in each case issued by RSC
Canada, (B) actions required by law to maintain its existence or to engage in the business or
business activities described in clause (A) above, (C) the payment of dividends and taxes and (D)
activities incidental to its maintenance and continuance and to the foregoing activities
(including, without limitation, paying guarantee fees to Holdings or any Subsidiary Guarantor and
entering into foreign currency swaps); (ii) own any material assets other than those relating to
the business and business activities described in clause (i) above; and (iii) incur any
Indebtedness other than Indebtedness incurred pursuant to, or permitted by, this Agreement, (iv)
merge or consolidate with or into any other Person, other than mergers or consolidations with the
Borrowers to the extent permitted by subsection 7.4; or (v) incur or assume any Lien on its
property, assets or revenues.

          7.16 Limitations on Currency, Commodity and Other Hedging Transactions. Enter into,
purchase or otherwise acquire agreements or arrangements relating to currency, commodity or other
hedging except, to the extent and only to the extent that, such agreements or arrangements are
entered into, purchased or otherwise acquired in the ordinary course of business of the Parent
Borrower or any of its Subsidiaries with reputable financial institutions or vendors and not for
purposes of speculation (any such agreement or arrangement permitted by this subsection, a
“Permitted Hedging Arrangement”).

          Section 8.
Events of Default. If any of the following events shall occur and be continuing:

     (a) any Borrower shall fail to pay any principal of any Term Loan when due in accordance with
the terms hereof (whether at stated maturity, by mandatory prepayment or otherwise); or any
Borrower shall fail to pay any interest on any Term Loan, or any other amount payable hereunder,
within five days after any such interest or other amount becomes due in accordance with the terms
hereof; or

     (b) any representation or warranty made or deemed made by any Loan Party herein or in any
other Loan Document (or in any amendment, modification or supplement hereto or thereto) or which is
contained in any certificate furnished at any time by or on

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behalf of any Loan Party pursuant to this Agreement or any such other Loan Document shall
prove to have been incorrect in any material respect on or as of the date made or deemed made; or

     (c) any Loan Party shall default in the observance or performance of any agreement contained
in subsections 6.4 (with respect to maintenance of existence) 6.5, 6.6, 6.7(a) or Section 7
of this Agreement, Section 5.2.2 of the Guarantee and Collateral Agreement; provided that,
in the case of a default in the observance or performance of its obligations under subsection
6.7(a) hereof, such default shall have continued unremedied for a period of two days after a
Responsible Officer of the Parent Borrower shall have discovered or should have discovered such
default; and provided, further, that if (x) any such failure with respect to
subsections 6.4, 6.5 or 6.6 is of a type that can be cured within five Business Days and (y) such
Default could not materially adversely impact the Lenders’ Liens on the Collateral, such failure
shall not constitute an Event of Default for five Business Days after the occurrence thereof so
long as the Loan Parties are diligently pursuing the cure of such failure; or

     (d) any Loan Party shall default in the observance or performance of any other agreement
contained in this Agreement or any other Loan Document (other than as provided in paragraphs (a)
through (c) of this Section 8), and such default shall continue unremedied for a period
ending on the earlier of (i) the date 32 days after a Responsible Officer of Holdings shall have
discovered or should have discovered such default and (ii) the date 15 days after written notice
has been given to any Credit Agreement Party by the Administrative Agent or the Required Lenders;
or

     (e) Indebtedness of Holdings or any Subsidiary is not paid within any applicable grace period
after final maturity or is accelerated by the holders thereof because of a default or event of
default thereunder and the total amount of such Indebtedness unpaid or accelerated exceeds
$60,000,000; or

     (f) if (i) any Loan Party or any Material Subsidiaries shall commence any case, proceeding or
other action (A) under any existing or future law of any jurisdiction, domestic or foreign,
relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order
for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or
seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition
or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, interim
receiver, receivers, receiver and manager, trustee, custodian, monitor, conservator or other
similar official for it or for all or any substantial part of its assets, or any Loan Party or any
Material Subsidiaries shall make a general assignment for the benefit of its creditors; or (ii)
there shall be commenced against any Loan Party or any Material Subsidiaries any case, proceeding
or other action of a nature referred to in clause (i) above which (A) results in the entry of an
order for relief or any such adjudication or appointment or (B) remains undismissed, undischarged,
unstayed or unbonded for a period of 60 days; or (iii) there shall be commenced against any Loan
Party or any Material Subsidiaries any case, proceeding or other action seeking issuance of a
warrant of attachment, execution, distraint or similar process against all or any substantial part
of its assets which results in the entry of an

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order for any such relief which shall not have been vacated, discharged, stayed or bonded
pending appeal within 60 days from the entry thereof; or (iv) any Loan Party or any Material
Subsidiaries shall take any corporate action in furtherance of, or indicating its consent to,
approval of, or acquiescence in, any of the acts set forth in clause (i), (ii), or (iii) above; or
(v) any Loan Party or any Material Subsidiaries shall be generally unable to, or shall admit in
writing its general inability to, pay its debts as they become due; or

     (g) any Person shall engage in any “prohibited transaction” (as defined in Section 406 of
ERISA or Section 4975 of the Code) involving any Plan, (ii) any “accumulated funding deficiency”
(as defined in Section 302 of ERISA), whether or not waived, shall exist with respect to any Plan
or any Lien in favor of the PBGC, a Plan or Foreign Plan shall arise on the assets of Holdings or
its Subsidiaries any Commonly Controlled Entity, (iii) a Reportable Event shall occur with respect
to, or proceedings shall commence to have a trustee appointed, or a trustee shall be appointed, to
administer or to terminate, any Single Employer Plan, which Reportable Event or commencement of
proceedings or appointment of a trustee is in the reasonable opinion of the Administrative Agent
likely to result in the termination of such Plan for purposes of Title IV of ERISA, (iv) any Single
Employer Plan shall terminate for purposes of Title IV of ERISA other than a standard termination
pursuant to Section 4041(b) of ERISA, (v) Holdings or its Subsidiaries or any Commonly Controlled
Entity shall, or in the reasonable opinion of the Administrative
Agent is reasonably likely to, incur any liability in connection with a withdrawal from, or the
Insolvency or Reorganization of, any Multiemployer Plan or Foreign Plan, or (vi) any other event or
condition shall occur or exist with respect to a Plan; and in each case in clauses (i) through (vi)
above, such event or condition, together with all other such events or conditions, if any, could be
reasonably expected to result in a Material Adverse Effect; or

     (h) one or more judgments or decrees shall be entered against Holdings or any of its
Subsidiaries involving in the aggregate at any time a liability (net of any insurance or indemnity
payments actually received in respect thereof prior to or within 60 days from the entry thereof, or
to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of
$60,000,000 or more, and all such judgments or decrees shall not have been vacated, discharged,
stayed or bonded pending appeal within 60 days from the entry thereof; or

     (i) the Lien created by any of the Security Documents shall cease to be perfected and
enforceable in accordance with its terms or of the same effect as to perfection and priority
purported to be created thereby with respect to any significant portion of the Collateral (other
than in connection with any termination of such Lien in respect of any Collateral as permitted
hereby or by any Security Document), and such failure of such Lien to be perfected and enforceable
with such priority shall have continued unremedied for a period of 20 days; or

     (j) any Loan Document shall cease for any reason to be in full force and effect (other than
pursuant to the terms hereof or thereof) or any Loan Party shall so assert in writing; or

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     (k) a Change of Control shall have occurred;

then, and in any such event, (A) if such event is an Event of Default specified in clause (i) or
(ii) of paragraph (f) above with respect to the Parent Borrower, automatically the Term Loan
Commitments, if any, shall immediately terminate and the Term Loans hereunder (with accrued
interest thereon) and all other amounts owing under this Agreement shall immediately become due and
payable, and (B) if such event is any other Event of Default, either or both of the following
actions may be taken: (i) with the consent of the Required Lenders, the Administrative Agent may,
or upon the request of the Required Lenders the Administrative Agent shall, by notice to the Parent
Borrower, declare the Term Loan Commitments, if any, to be terminated forthwith, whereupon the Term
Loan Commitments, if any, shall immediately terminate; and (ii) with the consent of the Required
Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the
Administrative Agent shall, by notice to the Parent Borrower, declare the Term Loans hereunder
(with accrued interest thereon) and all other amounts owing under this Agreement to be due and
payable forthwith, whereupon the same shall immediately become due and payable.

          Except as expressly provided above in this Section 8, presentment, demand, protest and
all other notices of any kind are hereby expressly waived.

          Section 9. The Agents and the Lead Arrangers.

          9.1 Appointment. Each Lender hereby irrevocably designates and appoints DBNY as the
Administrative Agent and Collateral Agent for such Lender under this Agreement and the other Loan
Documents, and each such Lender irrevocably authorizes DBNY, as Administrative Agent and Collateral
Agent for such Lender, to take such action on its behalf under the provisions of this Agreement and
the other Loan Documents and to exercise such powers and perform such duties as are expressly
delegated to or required of the Administrative Agent by the terms of this Agreement and the other
Loan Documents, together with such other powers as are reasonably incidental thereto.
Notwithstanding any provision to the contrary elsewhere in this Agreement, the Agents and the Lead
Arrangers shall not have any duties or responsibilities, except, in the case of the Administrative
Agent and the Collateral Agent, those expressly set forth herein, or any fiduciary relationship
with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or
liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against
the Agent or the Lead Arrangers. Each of the Agents may perform any of their respective duties
under this Agreement, the other Loan Documents and any other instruments and agreements referred to
herein or therein by or through its respective officers, directors, agents, employees or affiliates
(it being understood and agreed, for avoidance of doubt and without limiting the generality of the
foregoing, that the Administrative Agent and Collateral Agent may perform any of their respective
duties under the Security Documents by or through one or more of their respective affiliates).

          9.2 Delegation of Duties. In performing its functions and duties under this Agreement,
each Agent shall act solely as agent for the Lenders and, as applicable, the other Secured Parties,
and no Agent assumes any (and shall not be deemed to have assumed any) obligation or relationship
of agency or trust with or for Holdings or any of its Subsidiaries. Each

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Agent may execute any of its duties under this Agreement and the other Loan Documents by or through
agents or attorneys-in-fact, and shall be entitled to advice of counsel concerning all matters
pertaining to such duties. No Agent shall be responsible for the negligence or misconduct of any
agents or attorneys-in-fact or counsel selected by it with reasonable care.

          9.3 Exculpatory Provisions. No Agent, Lead Arranger or any of their respective
officers, directors, employees, agents, attorneys-in-fact or Affiliates shall be (a) liable for any
action taken or omitted to be taken by such Person under or in connection with this Agreement or
any other Loan Document (except for the gross negligence or willful misconduct of such Person or
any of its officers, directors, employees, agents, attorneys-in-fact or Affiliates (as determined
in a final non-appealable decision issued by a court of
competent jurisdiction)) or (b) responsible in any manner to any of the Lenders for (i) any
recitals, statements, representations or warranties made by any Credit Agreement Party or any other
Loan Party or any officer thereof contained in this Agreement or any other Loan Document or in any
certificate, report, statement or other document referred to or provided for in, or received by the
Agents or any Lead Arranger under or in connection with, this Agreement or any other Loan Document,
(ii) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this
Agreement or any Notes or any other Loan Document, (iii) for any failure of any Credit Agreement
Party or any other Loan Party to perform its obligations hereunder or under any other Loan
Document, (iv) the performance or observance of any of the terms, provisions or conditions of this
Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set
forth in Section 5, or (vi) the existence or possible existence of any Default or Event of
Default. Neither the Agents nor any Lead Arranger shall be under any obligation to any Lender to
ascertain or to inquire as to the observance or performance of any of the agreements contained in,
or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or
records of any Credit Agreement Party or any other Loan Party. Each Lender agrees that, except for
notices, reports and other documents expressly required to be furnished to the Lenders by the
Administrative Agent hereunder or given to the Agents for the account of or with copies for the
Lenders, the Administrative Agent and the Lead Arrangers shall not have any duty or responsibility
to provide any Lender with any credit or other information concerning the business, operations,
property, condition (financial or otherwise), prospects or creditworthiness of Holdings, any
Borrower or any other Loan Party which may come into the possession of the Agents, the Lead
Arrangers or any of their respective officers, directors, employees, agents, attorneys-in-fact or
Affiliates.

          9.4 Reliance by the Agents. Each Agent shall be entitled to rely, and shall be fully
protected (and shall have no liability to any Person) in relying, upon any writing, resolution,
notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement,
order or other document or conversation believed by it to be genuine and correct and to have been
signed, sent or made by the proper Person or Persons and upon advice and statements of legal
counsel (including counsel to any Credit Agreement Party), independent accountants and other
experts selected by the each Agent. The Agents may deem and treat the payee of any Note as the
owner thereof for all purposes unless such Note shall have been transferred in accordance with
subsection 10.6 and all actions required by such subsection in connection with such transfer shall
have been taken. Any request, authority or consent of any Person or entity who, at the time of
making such request or giving such authority or consent, is the holder of any Note shall be
conclusive and binding on any subsequent holder, transferee, assignee or endorsee, as the case

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may be, of such Note or of any Note or Notes issued in exchange therefor. Each Agent shall be fully
justified as between itself and the Lenders in failing or refusing to take any action under this
Agreement or any other Loan Document unless it shall first receive such advice or concurrence of
the Required Lenders and/or such other requisite percentage of
the Lenders as is required pursuant to subsection 10.1(a) as it deems appropriate or it shall first
be indemnified to its satisfaction by the Lenders against any and all liability and expense which
may be incurred by it by reason of taking or continuing to take any such action. Each Agent shall
in all cases be fully protected in acting, or in refraining from acting, under this Agreement and
any Notes and the other Loan Documents in accordance with a request of the Required Lenders and/or
such other requisite percentage of the Lenders as is required pursuant to subsection 10.1(a), and
such request and any action taken or failure to act pursuant thereto shall be binding upon all the
Lenders and all future holders of the Term Loans.

          9.5 Notice of Default. No Agent shall be deemed to have knowledge or notice of the
occurrence of any Default or Event of Default hereunder unless the Administrative Agent has
received notice from a Lender or any Credit Agreement Party referring to this Agreement, describing
such Default or Event of Default and stating that such notice is a “notice of default”. In the
event that the Administrative Agent receives such a notice, the Administrative Agent shall give
prompt notice thereof to the Lenders. The Administrative Agent shall take such action reasonably
promptly with respect to such Default or Event of Default as shall be directed by the Required
Lenders and/or such other requisite percentage of the Lenders as is required pursuant to subsection
10.1(a); provided that unless and until the Administrative Agent shall have received such
directions, the Administrative Agent may (but shall not be obligated to) take such action, or
refrain from taking such action, with respect to such Default or Event of Default as it shall deem
advisable in the best interests of the Lenders.

          9.6 Acknowledgements and Representations by Lenders. Each Lender expressly
acknowledges that none of the Agents or the Lead Arrangers nor any of their officers, directors,
employees, agents, attorneys-in-fact or Affiliates has made any representations or warranties to it
and that no act by any Agent or any Lead Arranger hereafter taken, including any review of the
affairs of any Credit Agreement Party or any other Loan Party, shall be deemed to constitute any
representation or warranty by such Agent or such Lead Arranger to any Lender. Each Lender
represents to the Agents, the Lead Arrangers and each of the Loan Parties that, independently and
without reliance upon any Agent, the Lead Arrangers or any other Lender, and based on such
documents and information as it has deemed appropriate, it has made and will make, its own
appraisal of and investigation into the business, operations, property, financial and other
condition and creditworthiness of Holdings and its Subsidiaries, it has made its own decision to
make its Term Loans hereunder and enter into this Agreement and it will make its own decisions in
taking or not taking any action under this Agreement and the other Loan Documents and, except as
expressly provided in this Agreement, neither the Agents nor any Lead Arranger shall have any duty
or responsibility, either initially or on a continuing basis, to provide any Lender or the holder
of any Note with any credit or other information with respect thereto, whether coming into its
possession before the making of the Term Loans or at any time or times thereafter. Each Lender
represents to each other party hereto that it is a bank, savings and loan association or other
similar savings institution, insurance company, investment fund or company or other financial
institution
which makes or acquires commercial loans in the ordinary course of its business, that it is
participating hereunder as a Lender for such commercial

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purposes, and that it has the knowledge and experience to be and is capable of evaluating the
merits and risks of being a Lender hereunder. Each Lender acknowledges and agrees to comply with
the provisions of subsection 10.6 applicable to the Lenders hereunder.

          9.7 Indemnification. (a) The Lenders agree to indemnify each Agent (or any Affiliate
thereof) (to the extent not reimbursed by any Borrower or any other Loan Party and without limiting
the joint and several obligations of the Borrowers to do so), ratably according to their respective
“percentage” as used in determining the Required Lenders (determined as if there were no Defaulting
Lenders), in effect on the date on which indemnification is sought under this subsection, from and
against any and all liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind whatsoever which may at any time (including at
any time following the payment of the Term Loans and/or all other amounts payable hereunder) be
imposed on, incurred by or asserted against such Agent (or any Affiliate thereof) in any way
relating to or arising out of this Agreement, any of the other Loan Documents or the transactions
contemplated hereby or thereby or any action taken or omitted by any Agent (or any Affiliate
thereof) under or in connection with any of the foregoing; provided that no Lender shall be
liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements to the extent arising from such Agent’s
gross negligence or willful misconduct (as determined in a final non-appealable decision issued by
a court of competent jurisdiction). The agreements in this subsection shall survive the payment of
the Term Loans and all other amounts payable hereunder.

          (b) Any Agent shall be fully justified in failing or refusing to take any action hereunder and
under any other Loan Document (except actions expressly required to be taken by it hereunder or
under the Loan Documents) unless it shall first be indemnified to its satisfaction by the Lenders
pro rata against any and all liability, cost and expense that it may incur by
reason of taking or continuing to take any such action.

          (c) The agreements in this subsection 9.7 shall survive the payment of all Borrower
Obligations (as defined in the Guarantee and Collateral Agreement) and Guarantor Obligations.

          9.8 The Administrative Agent and Lead Arrangers in their Individual Capacities. Each
Agent, the Lead Arrangers and their Affiliates may make loans to, accept deposits from and
generally engage in any kind of business with any Credit Agreement Party or any other Loan Party as
though such Agent and the Lead Arrangers were not an Agent or the Lead Arrangers hereunder and
under the other Loan Documents. With respect to Term Loans made or renewed by them and any Note
issued to them, each Agent and the Lead Arrangers shall have the same rights and powers under this
Agreement and the other Loan Documents as any Lender and may exercise the same as though they were
not an
Agent or a Lead Arranger, and the terms “Lender” and “Lenders” shall include the
Agents and the Lead Arrangers in their individual capacities.

          9.9 Collateral Matters. (a) Each Lender authorizes and directs the Collateral Agent to
enter into the Security Documents and the Intercreditor Agreement for the benefit of the Lenders
and the other Secured Parties. Each Lender hereby agrees, and each holder of any Note

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by the acceptance thereof will be deemed to agree, that, except as otherwise set forth herein, any
action taken by the Collateral Agent or the Required Lenders in accordance with the provisions of
this Agreement, the Security Documents or the Intercreditor Agreement, and the exercise by the
Agents or the Required Lenders of the powers set forth herein or therein, together with such other
powers as are reasonably incidental thereto, shall be authorized and binding upon all of the
Lenders. The Collateral Agent is hereby authorized on behalf of all of the Lenders, without the
necessity of any notice to or further consent from any Lender, from time to time, to take any
action with respect to any Collateral or Security Documents which may be necessary to perfect and
maintain perfected the security interest in and Liens upon the Collateral granted pursuant to the
Security Documents.

          (b) The Lenders hereby authorize the Administrative Agent and the Collateral Agent, as
applicable, in each case at its option and in its discretion, to release any Lien granted to or
held by such Agent upon any Collateral (i) upon termination of the Term Loan Commitments and
payment and satisfaction of all of the obligations under the Loan Documents at any time arising
under or in respect of this Agreement or the Loan Documents or the transactions contemplated hereby
or thereby, (ii) constituting property being sold or otherwise disposed of (to Persons other than a
Loan Party) upon the sale or other disposition thereof in compliance with subsection 7.5, (iii) if
approved, authorized or ratified in writing by the Required Lenders (or such greater amount, to the
extent required by subsection 10.1(a)) or (iv) as otherwise may be expressly provided in the
relevant Security Documents. Upon request by the Administrative Agent or the Collateral Agent, at
any time, the Lenders will confirm in writing such Agent’s authority to release particular types or
items of Collateral pursuant to this subsection 9.9.

          (c) No Agent shall have any obligation whatsoever to the Lenders to assure that the Collateral
exists or is owned by Holdings or any of its Subsidiaries or is cared for, protected or insured or
that the Liens granted to any Agent herein or pursuant hereto have been properly or sufficiently or
lawfully created, perfected, protected or enforced or are entitled to any particular priority, or
to exercise or to continue exercising at all or in any manner or under any duty of care, disclosure
or fidelity any of the rights, authorities and powers granted or available to the Agents in this
subsection 9.9 or in any of the Security Documents, it being understood and agreed that in respect
of the Collateral, or any act, omission or event related thereto, each Agent may act in any manner
it may deem appropriate, in its sole discretion, given such Agent’s own interest in the Collateral
as Lender and that no Agent shall have any duty or liability whatsoever to the Lenders,
except for its gross negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction).

          (d) The Collateral Agent may, and hereby does, appoint the Administrative Agent as its agent
for the purposes of holding any Collateral and/or perfecting the Collateral Agent’s security
interest therein and for the purpose of taking such other action with respect to the collateral as
such Agents may from time to time agree.

          9.10 Successor Agent. The Administrative Agent may resign from the performance of all
its respective functions and duties hereunder and/or under the other Loan Documents at any time by
giving 30 days’ prior written notice to the Lenders and the Parent Borrower. Any such resignation
by an Administrative Agent hereunder shall also constitute its resignation as Collateral Agent, if
applicable. Such resignation shall take effect upon the

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appointment of a successor Administrative Agent and Collateral Agent, if applicable, pursuant to
clauses (b) and (c) below or as otherwise provided below.

          (a) Upon any such notice of resignation by the Administrative Agent, the Required Lenders
shall appoint a successor Administrative Agent and Collateral Agent, if applicable, hereunder or
thereunder who shall be a commercial bank or trust company reasonably acceptable to the Parent
Borrower, which acceptance shall not be unreasonably withheld or delayed (provided that the
Parent Borrower’s approval shall not be required if an Event of Default then exists).

          (b) If a successor Administrative Agent and Collateral Agent, if applicable, shall not have
been so appointed within such 30 day period, the Administrative Agent, with the consent of the
Parent Borrower (which consent shall not be unreasonably withheld or delayed, provided that
the Parent Borrower’s consent shall not be required if an Event of Default then exists), shall then
appoint a successor Administrative Agent and Collateral Agent, if applicable, who shall serve as
Administrative Agent and Collateral Agent, if applicable, hereunder or thereunder until such time,
if any, as the Required Lenders appoint a successor Administrative Agent and Collateral Agent, if
applicable, as provided above.

          (c) If no successor Administrative Agent has been appointed pursuant to clause (b) or (c)
above by the 15th day after the date such notice of resignation was given by the Administrative
Agent, the Administrative Agent’s resignation shall become effective and the Required Lenders shall
thereafter perform all the duties of the Administrative Agent hereunder and/or under any other Loan
Document until such time, if any, as the Required Lenders appoint a successor Administrative Agent
as provided above.

          (d) Upon a resignation of the Administrative Agent pursuant to this subsection 9.10, the
Administrative Agent shall remain indemnified to the extent provided in this Agreement and the
other Loan Documents and the provisions of this Section 9 (and the analogous provisions of the
other Loan Documents) shall continue in effect for the benefit of the
Administrative Agent for all of its actions and inactions while serving as the Administrative
Agent.

          9.11 Syndication Agent and Lead Arrangers. Neither the Syndication Agent, nor any of
the entities identified as joint bookrunners and joint lead arrangers pursuant to the definition of
Lead Arranger contained herein, shall have any duties or responsibilities hereunder or under any
other Loan Document in its capacity as such.

          9.12 Withholding Tax. To the extent required by any applicable law, each Agent may
withhold from any payment to any Lender an amount equivalent to any applicable withholding tax, and
in no event shall such Agent be required to be responsible for or pay any additional amount with
respect to any such withholding. If the Internal Revenue Service or any other Governmental
Authority asserts a claim that any Agent did not properly withhold tax from amounts paid to or for
the account of any Lender because the appropriate form was not delivered or was not properly
executed or because such Lender failed to notify such Agent of a change in circumstances which
rendered the exemption from or reduction of withholding tax ineffective or for any other reason,
such Lender shall indemnify such Agent fully for all amounts paid, directly

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or indirectly, by such Agent as tax or otherwise, including any penalties or interest and together
with any expenses incurred.

          Section 10. Miscellaneous.

          10.1 Amendments and Waivers. (a) Neither this Agreement nor any other Loan Document,
nor any terms hereof or thereof, may be amended, supplemented, modified or waived except in
accordance with the provisions of this subsection 10.1. The Required Lenders may, or, with the
written consent of the Required Lenders, the Administrative Agent and the Collateral Agent may,
from time to time, (x) enter into with the respective Loan Parties hereto or thereto, as the case
may be, written amendments, supplements or modifications hereto and to the other Loan Documents for
the purpose of adding any provisions to this Agreement or to the other Loan Documents or changing,
in any manner the rights or obligations of the Lenders or the Loan Parties hereunder or thereunder
or (y) waive at any Loan Party’s request, on such terms and conditions as the Required Lenders, the
Administrative Agent or the Collateral Agent, as the case may be, may specify in such instrument,
any of the requirements of this Agreement or the other Loan Documents or any Default or Event of
Default and its consequences; provided, however, that no such waiver and no such
amendment, supplement or modification shall:

     (i) reduce or forgive the amount or extend the scheduled date of maturity of any Term Loan or
of any scheduled installment thereof or reduce the stated rate of any interest, commission or fee
payable hereunder (other than as a result of (i) any waiver of the applicability of any
post-default increase in interest rates or (ii) an amendment or modification to the financial
definitions in this Agreement) or extend the scheduled date of any payment thereof or increase the
amount or extend the expiration date of any
Lender’s Term Loan Commitment or change the currency in which any Term Loan is payable, in each
case without the consent of each Lender directly affected thereby (it being understood that waivers
or modifications of conditions precedent, covenants, Defaults or Events of Default or of a
mandatory reduction in the aggregate Term Loan Commitment of all Lenders shall not constitute an
increase of the Term Loan Commitment of any Lender, and that an increase in the available portion
of any Term Loan Commitment of any Lender shall not constitute an increase in the Term Loan
Commitment of such Lender);

     (ii) amend, modify or waive any provision of this subsection 10.1(a) or reduce the percentage
specified in the definition of Required Lenders, or consent to the assignment or transfer by any
Credit Agreement Party of any of its rights and obligations under this Agreement or any of the
other Loan Documents (other than pursuant to subsection 7.4 or 10.6(a)), in each case without the
written consent of all the Lenders;

     (iii) release any Guarantor under any Security Document, or, in the aggregate (in a single
transaction or a series of related transactions), all or substantially all of the Collateral
without the consent of all of the Lenders, except as expressly permitted hereby or by any Security
Document (as such documents are in effect on the date hereof or, if later, the date of execution
and delivery thereof in accordance with the terms hereof);

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     (iv) require any Lender to make Term Loans having an Interest Period of longer than six months
without the consent of such Lender;

     (v) amend, modify or waive any provision of Section 9 without the written consent of
the then Administrative Agent and of any Lead Arranger affected thereby; or

     (vi) amend, modify or waive the order of application of payments set forth in subsections
3.4(d) or 3.8(a) hereof, or Section 4 of the Intercreditor Agreement in each case without the
consent of the Supermajority Lenders;

provided, further, that, notwithstanding and in addition to the foregoing, the
Collateral Agent may, in its discretion, release the Lien on Collateral valued in the aggregate not
in excess of $10,000,000 in any fiscal year without the consent of any Lender.

          (b) Any waiver and any amendment, supplement or modification pursuant to this subsection 10.1
shall apply to each of the Lenders and shall be binding upon the Loan Parties, the Lenders, the
Agent and all future holders of the Term Loans. In the case of any waiver, each of the Loan
Parties, the Lenders and the Agent shall be restored to their former position and rights hereunder
and under the other Loan Documents, and any Default or Event of Default waived shall be deemed to
be cured and not continuing; but no such waiver shall extend to any subsequent or other Default or
Event of Default, or impair any right consequent thereon.

          (c) Notwithstanding any provision herein to the contrary, this Agreement may be amended (or
amended and restated) with the written consent of the Required Lenders, the Administrative Agent
and the Credit Agreement Parties (x) to add one or more additional credit facilities to this
Agreement and to permit the extensions of credit from time to time outstanding thereunder and the
accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement and
the other Loan Documents with the existing Facilities and the accrued interest and fees in respect
thereof, (y) to include, as appropriate, the Lenders holding such credit facilities in any required
vote or action of the Required Lenders or of the Lenders of each Tranche hereunder and (z) to
provide class protection for any additional credit facilities in a manner consistent with those
provided the original Facilities pursuant to the provisions of subsection 10.1(a) as originally in
effect.

          (d) If, in connection with any proposed change, waiver, discharge or termination of or to any
of the provisions of this Agreement and/or any other Loan Document as contemplated by subsection
10.1(a), the consent of each Lender or each affected Lender, as applicable, is required and the
consent of the Required Lenders at such time is obtained but the consent of one or more of such
other Lenders whose consent is required is not obtained (each such other Lender, a
“Non-Consenting Lender”), then the Parent Borrower may, on ten Business Days’ prior written
notice to the Administrative and the Non-Consenting Lender, replace such Non-Consenting Lender by
causing such Lender to (and such Lender shall be obligated to) assign pursuant to Section
10.6 (with the assignment fee and any other costs and expenses to be paid by the Borrowers in
such instance) all of its rights and obligations under this Agreement to one or more assignees;
provided that neither the Administrative Agent nor any Lender shall have any obligation to
the Parent Borrower to find a replacement Lender; provided, further, that the
applicable assignee shall have agreed to the applicable change, waiver, discharge or termination

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of this Agreement and/or the other Loan Documents; and provided, further, that all
obligations of the Borrowers owing to the Non-Consenting Lender relating to the Term Loans and
participations so assigned shall be paid in full by the assignee Lender to such Non-Consenting
Lender concurrently with such Assignment and Acceptance. In connection with any such replacement
under this subsection 10.1(d), if the Non-Consenting Lender does not execute and deliver to the
Administrative Agent a duly completed Assignment and Acceptance and/or any other documentation
necessary to reflect such replacement within a period of time deemed reasonable by the
Administrative Agent after the later of (a) the date on which the replacement Lender executes and
delivers such Assignment and Acceptance and/or such other documentation and (b) the date as of
which all obligations of the Borrowers owing to the Non-Consenting Lender relating to the Term
Loans and participations so assigned shall be paid in full by the assignee Lender to such
Non-Consenting Lender, then such Non-Consenting Lender shall be deemed to have executed and
delivered such Assignment and Acceptance and/or such other documentation as of such date and the
Parent Borrower
shall be entitled (but not obligated) to execute and deliver such Assignment and Acceptance and/or
such other documentation on behalf of such Non-Consenting Lender.

          10.2 Notices. (a) All notices, requests, and demands to or upon the respective parties
hereto to be effective shall be in writing (including telecopy), and, unless otherwise expressly
provided herein, shall be deemed to have been duly given or made when delivered by hand, or
three days after being deposited in the mail, postage prepaid, or, in the case of telecopy notice,
when received, or, in the case of delivery by a nationally recognized overnight courier, when
received, addressed as follows in the case of any Credit Agreement Party, the Administrative Agent
and the Collateral Agent, and as set forth in Schedule A in the case of the other parties hereto,
or to such other address as may be hereafter notified by the respective parties hereto and any
future holders of the Term Loans:

	 	 	 
	The Parent Borrower:

	 	RSC Equipment Rental
	 

	 	6929 East Greenway Parkway, Suite 200
	 

	 	Scottsdale, Arizona 85254
	 

	 	Attention: Kevin Loughlin, Vice President and Treasurer
	 

	 	Facsimile: (480) 647-2412

	 

	 	Telephone: (800) 222-7777
	 
	 	 
	with copies to:

	 	Ripplewood Holdings, L.L.C.
	 

	 	1 Rockefeller Plaza, 32nd Floor
	 

	 	New York, New York 10020
	 

	 	Attention: Christopher P. Minnetian, Esq.
	 

	 	Facsimile: (212) 218-2778
	 

	 	Telephone: (212) 582-6700
	 
	 	 
	 

	 	Oak Hill Capital Management, L.L.C.
	 

	 	65 East 55th Street, 36th Floor
	 

	 	New York, New York 10022
	 

	 	Attention: John R. Monsky, Esq.
	 

	 	Facsimile: (212) 758-3572
	 

	 	Telephone: (212) 326-1590

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	 	Debevoise & Plimpton LLP
	 

	 	919 Third Avenue
	 

	 	New York, New York 10022
	 

	 	Attention: Paul D. Brusiloff, Esq.
	 

	 	Facsimile: (212) 909-6836
	 

	 	Telephone: (212) 909-6000
	 
	 	 
	The Administrative Agent:

	 	Deutsche Bank AG, New York Branch
	 

	 	the Administrative Agent
	 

	 	60 Wall Street
 New York, New York 10005
	 

	 	Attention: Marguerite Sutton
	 

	 	Facsimile: (212) 797-4655
	 

	 	Telephone: (212) 250-6150
	 
	 	 
	The Collateral Agent:

	 	Deutsche Bank AG, New York Branch
	 

	 	the Collateral Agent
	 

	 	60 Wall Street
 New York, New York 10005
	 

	 	Attention: Marguerite Sutton
	 

	 	Facsimile: (212) 797-4655
	 

	 	Telephone: (212) 250-6150

provided that any notice, request or demand to or upon the Administrative Agent or the
Lenders pursuant to subsection 2.3, 3.2, 3.4 or 3.8 shall not be effective until received.

          (b) Without in any way limiting the obligation of any Loan Party and its Subsidiaries to
confirm in writing any telephonic notice permitted to be given hereunder, the Administrative Agent,
as the case may be, may prior to receipt of written confirmation act without liability upon the
basis of such telephonic notice, believed by the Administrative Agent or such Issuing Lender in
good faith to be from a Responsible Officer.

          10.3 No Waiver; Cumulative Remedies. No failure to exercise and no delay in
exercising, on the part of any Agent, any Lender or any Loan Party, any right, remedy, power or
privilege hereunder or under the other Loan Documents shall operate as a waiver thereof; nor shall
any single or partial exercise of any right, remedy, power or privilege hereunder preclude any
other or further exercise thereof or the exercise of any other right, remedy, power or privilege.
The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any
rights, remedies, powers and privileges provided by law.

          10.4
Survival of Representations and Warranties. All representations and warranties made
hereunder and in the other Loan Documents (or in any amendment, modification or supplement hereto
or thereto) and in any certificate delivered pursuant hereto or such other Loan Documents shall
survive the execution and delivery of this Agreement and the making of the Term Loans hereunder.

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          10.5 Payment of Expenses and Taxes. The Borrowers jointly and severally agree (a) to
pay or reimburse the Agents and the Lead Arrangers for (1) all their reasonable out-of-pocket costs
and expenses incurred in connection with (i) the syndication of the Facilities and the development,
preparation, execution and delivery of, and any amendment, supplement or modification to, this
Agreement and the other Loan Documents and any other documents prepared in connection herewith or
therewith, (ii) the consummation and administration of the transactions (including the syndication
of the Term Loan Commitments) contemplated hereby and thereby and (iii) efforts to monitor the Term
Loans and verify, protect, evaluate, assess, appraise, collect, sell, liquidate or otherwise
dispose of any of the Collateral, and (2) (i) the reasonable fees and disbursements of White & Case
LLP and Stikeman Elliott LLP, and such other special or local counsel, consultants, advisors,
appraisers and auditors whose retention (other than during the continuance of an Event of Default)
is approved by the Parent Borrower, (b) to pay or reimburse each Lender, the Lead Arrangers and the
Agents for all their reasonable costs and expenses incurred in connection with the enforcement or
preservation of any rights under this Agreement, the other Loan Documents and any other documents
prepared in connection herewith or therewith, including the fees and disbursements of counsel to
the Agents and the Lenders, (c) to pay, indemnify, or reimburse each Lender, the Lead Arrangers and
the Agents for, and hold each Lender, the Lead Arrangers and the Agents harmless from, any and all
recording and filing fees and any and all liabilities with respect to, or resulting from any delay
in paying, stamp, excise and other similar taxes, if any, which may be payable or determined to be
payable in connection with the execution and delivery of, or consummation or administration of any
of the transactions contemplated by, or any amendment, supplement or modification of, or any waiver
or consent under or in respect of, this Agreement, the other Loan Documents and any such other
documents, and (d) to pay, indemnify or reimburse each Lender, the Lead Arrangers, each Agent,
their respective affiliates, and their respective officers, directors, trustees, employees,
shareholders, members, attorneys and other advisors, agents and controlling persons (each, an
“Indemnitee”) for, and hold each Indemnitee harmless from and against, any and all other
liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind or nature whatsoever with respect to the execution, delivery,
enforcement, performance and administration of this Agreement, the other Loan Documents and any
such other documents, including any of the foregoing relating to the use of proceeds of the Term
Loans or the violation of, noncompliance with or liability under, any Environmental Law applicable
to the operations of Holdings or any of its Subsidiaries or any of the property of Holdings or any
of its Subsidiaries, including the presence of Materials of Environmental Concern on, at, in or
under such property or the migration of Materials of Environmental Concern onto, through or from
any such property (all the foregoing in this clause (d), collectively, the “Indemnified
Liabilities”), provided that no Loan Party shall have any obligation hereunder to the
Administrative Agent, any other Agent or any Lender with respect to indemnified liabilities arising
from (i) the gross negligence or willful misconduct of the Administrative Agent, any other Agent or
any such Lender (or any of their respective directors, trustees, officers, employees, agents,
successors and assigns) (in each case, as determined in a final non-appealable decision issued by a
court of competent jurisdiction) or (ii) claims made or legal proceedings commenced against the
Administrative Agent, any other Agent or any such Lender by any security holder or creditor thereof
arising out of and based upon rights afforded any such security holder or creditor solely in its
capacity as such. No Indemnitee shall be liable for any consequential or punitive damages in
connection with the Facilities. All amounts due

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under this subsection shall be payable not later than 30 days after written demand therefor.
Statements reflecting amounts payable by the Loan Parties pursuant to this subsection shall be
submitted to the address of the Parent Borrower set forth in subsection
10.2, or to such other Person or address as may be hereafter designated by the Parent Borrower in a
notice to the Administrative Agent. Notwithstanding the foregoing, except as provided in clauses
(b) and (c) above, no Loan Party shall have any obligation under this subsection 10.5 to any
Indemnitee with respect to any tax, levy, impost, duty, charge, fee, deduction or withholding
imposed, levied, collected, withheld or assessed by any Governmental Authority. The agreements in
this subsection shall survive repayment of the Term Loans and all other amounts payable hereunder.

          10.6 Successors and Assigns; Participations and Assignments. (a) The provisions of
this Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns permitted hereby, except that (i) other than in accordance with
subsection 7.4, none of the Loan Parties may assign or otherwise transfer any of its rights or
obligations hereunder without the prior written consent of each Lender (and any attempted
assignment or transfer by any Loan Party without such consent shall be null and void) and (ii) no
Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance
with this subsection.

          (b) (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender other than
a Conduit Lender may assign to one or more assignees (each, an
“Assignee”) all or a portion of its
rights and obligations under this Agreement (including its Term Loan Commitment and/or Term Loans,
pursuant to an Assignment and Acceptance) with the prior written consent (such consent not to be
unreasonably withheld or delayed) of:

     (A) the Parent Borrower, provided that no consent of the Parent Borrower shall be
required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event
of Default under subsection 8(a) or (f) has occurred and is continuing, any other Person;
provided, further, that, unless an Event of Default under subsection 8(a) or (f)
has occurred and is continuing, if any Lender assigns all or a portion of its rights and
obligations under this Agreement to one of its affiliates in connection with or in contemplation of
the sale or other disposition of its interest in such affiliate, the Parent Borrower’s prior
written consent shall be required for such assignment; and

     (B) the Administrative Agent, provided that no consent of the Administrative Agent
shall be required for an assignment to a Lender, an affiliate of a Lender or an Approved Fund.

     (ii) Assignments shall be subject to the following additional conditions:

     (A) except in the case of an assignment to a Lender, an affiliate of a Lender or an Approved
Fund or an assignment of the entire remaining amount of the assigning Lender’s Term Loan
Commitments or Term Loans under any Tranche, the amount of the Term Loan Commitments or Term Loans
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

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Administrative Agent) shall not be less than $1,000,000 unless the Parent Borrower and the
Administrative Agent otherwise consent, provided that (1) no such consent of the Parent
Borrower shall be required if an Event of Default under subsection 8(a) or (f) has occurred and is
continuing and (2) such amounts shall be aggregated in respect of assignments by each Lender and
its affiliates or Approved Funds, if any;

     (B) 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;
provided that for concurrent assignments to two or more Approved Funds such assignment fee
shall only be required to be paid once in respect of and at the time of such assignments;

     (C) no assignments may be made to any entities identified by the Sponsors to the
Administrative Agent in a separate writing prior to the date hereof; and

     (D) the Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an
administrative questionnaire.

     (iii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) below, from
and after the effective date specified in each Assignment and Acceptance the Assignee thereunder
shall be a party hereto and, to the extent of the interest assigned by such Assignment and
Acceptance, have the rights and obligations of a Lender under this Agreement, and the assigning
Lender 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 (and
bound by any related obligations under) subsections 3.10, 3.11, 3.12, 3.13 and 10.5). Any
assignment or transfer by a Lender of rights or obligations under this Agreement that does not
comply with this subsection 10.6 shall be treated for purposes of this Agreement as a sale by such
Lender of a participation in such rights and obligations in accordance with paragraph (c) of this
subsection.

     (iv) The Borrowers hereby designate the Administrative Agent, and the Administrative Agent
agrees, to serve as the Borrowers’ agent, solely for purposes of this subsection 10.6, to maintain
at one of its offices in New York, New York 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 Term Loan
Commitments of, and interest and principal amount of the Term 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 each Borrower, the Administrative Agent and the Lenders
shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a
Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The
Register shall be available for inspection by the Parent

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Borrower and any Lender, at any reasonable time and from time to time upon reasonable prior
notice.

     (v) Upon its receipt of a duly completed Assignment and Acceptance executed by an assigning
Lender and an Assignee, the Assignee’s completed administrative questionnaire (unless the Assignee
shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph
(b)(ii)(B) of this subsection and any written consent to such assignment required by paragraph
(b)(i) of this subsection, the Administrative Agent shall accept such Assignment and Acceptance,
record the information contained therein in the Register and give prompt notice of such assignment
and recordation to the Parent Borrower. No assignment shall be effective for purposes of this
Agreement unless it has been recorded in the Register as provided in this paragraph.

     (vi) On or prior to the effective date of any assignment pursuant to this subsection 10.6(b),
the assigning Lender shall surrender any outstanding Notes held by it all or a portion of which are
being assigned. Any Notes surrendered by the assigning Lender shall be returned by the
Administrative Agent to the Parent Borrower marked “cancelled”.

          Notwithstanding the foregoing, no Assignee, which as of the date of any assignment to it
pursuant to this subsection 10.6(b) would be entitled to receive any greater payment under
subsection 3.10, 3.11 or 10.5 than the assigning Lender would have been entitled to receive as of
such date under such subsections with respect to the rights assigned, shall be entitled to receive
such greater payments unless the Parent Borrower has expressly consented in writing to waive the
benefit of this provision at the time of such assignment.

          (c) (i) Any Lender other than a Conduit Lender may, in the ordinary course of its business and
in accordance with applicable law, without the consent of the Parent Borrower or the Administrative
Agent, sell participations to one or more banks or other entities (a “Participant”) in all
or a portion of such Lender’s rights and obligations under this Agreement (including all or a
portion of its Term Loan Commitments and the Term Loans owing to it); provided that (A)
such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations, (C) such
Lender shall remain the holder of any such Term Loan for all purposes under this Agreement and the
other Loan Documents, and (D) the Parent Borrower, the Administrative Agent and the other Lenders
shall continue to deal solely and directly with such Lender in connection with such Lender’s rights
and obligations under this Agreement. Any agreement pursuant to which a Lender sells such a
participation shall provide that such Lender shall retain the sole right to enforce this Agreement
and to approve any amendment, modification or waiver of any provision of this Agreement;
provided that such agreement may provide that such Lender will not, without the consent of
the Participant, agree to any amendment, modification or waiver that (1) requires the consent of
each Lender directly affected thereby pursuant to the proviso to the second sentence of subsection
10.1(a) and (2) directly affects such Participant. Subject to paragraph (c)(ii) of this subsection,
the Borrowers jointly and severally agree that each Participant shall be entitled to the benefits
of (and shall have the related obligations under) subsections 3.10, 3.11, 3.12, 3.13 and 10.5 to
the same extent as if it were a

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Lender and had acquired its interest by assignment pursuant to paragraph (b) of this subsection. To
the extent permitted by law, each Participant also shall be entitled to the benefits of subsection
10.7(b) as though it were a Lender, provided that such Participant shall be subject to
subsection 10.7(a) as though it were a Lender.

          (i) No Loan Party shall be obligated to make any greater payment under subsection 3.10, 3.11
or 10.5 than it would have been obligated to make in the absence of any participation, unless the
sale of such participation is made with the prior written consent of the Parent Borrower and the
Parent Borrower expressly waives the benefit of this provision at the time of such participation.
Any Participant that is not incorporated under the laws of the United States of America or a state
thereof shall not be entitled to the benefits of subsection 3.11 unless such Participant complies
with subsection 3.11(b) and provides the forms and certificates referenced therein to the Lender
that granted such participation.

          (d) Any Lender, without the consent of the Parent Borrower or the Administrative Agent, may at
any time pledge or assign a security interest in all or any portion of its rights under this
Agreement to secure obligations of such Lender, including any pledge or assignment to secure
obligations to a Federal Reserve Bank, and this subsection shall not apply to any such pledge or
assignment of a security interest; provided that no such pledge or assignment of a security
interest shall release a Lender from any of its obligations hereunder or substitute (by foreclosure
or otherwise) any such pledgee or assignee for such Lender as a party hereto.

          (e) No assignment or participation made or purported to be made to any Assignee or Participant
shall be effective without the prior written consent of the Parent Borrower if it would require the
Parent Borrower to make any filing with any Governmental Authority or qualify any Term Loan or Note
under the laws of any jurisdiction, and the Parent Borrower shall be entitled to request and
receive such information and assurances as it may reasonably request from any Lender or any
Assignee or Participant to determine whether any such filing or qualification is required or
whether any assignment or participation is otherwise in accordance with applicable law.

          (f) Notwithstanding the foregoing, any Conduit Lender may assign any or all of the Term Loans
it may have funded hereunder to its designating Lender without the consent of the Parent Borrower
or the Administrative Agent and without regard to the limitations set forth in subsection 10.6(b).
Each Borrower, each Lender and the Administrative Agent hereby confirms that it will not institute
against a Conduit Lender or join any other Person in instituting against a Conduit Lender any
domestic or foreign bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding
under any state, federal or provincial bankruptcy or similar law, for one year and one day after
the payment in full of the latest maturing commercial paper note issued by such Conduit
Lender; provided, however, that each Lender designating any Conduit Lender hereby
agrees to indemnify, save and hold harmless each other party hereto for any loss, cost, damage or
expense arising out of its inability to institute such a proceeding against such Conduit Lender
during such period of forbearance. Each such indemnifying Lender shall pay in full any claim
received from the Parent Borrower pursuant to this subsection 10.6(f) within 30 Business Days of
receipt of a certificate from a Responsible Officer of the Parent Borrower specifying in reasonable
detail the cause and amount of the loss, cost, damage or

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expense in respect of which the claim is being asserted, which certificate shall be conclusive
absent manifest error. Without limiting the indemnification obligations of any indemnifying Lender
pursuant to this subsection 10.6(f), in the event that the indemnifying Lender fails timely to
compensate the Parent Borrower for such claim, any Term Loans held by the relevant Conduit Lender
shall, if requested by the Parent Borrower, be assigned promptly to the Lender that administers the
Conduit Lender and the designation of such Conduit Lender shall be void.

          (g) If the Parent Borrower wishes to replace the Term Loans or Term Loan Commitments under any
Tranche with ones having different terms, it shall have the option, with the consent of the
Administrative Agent and subject to at least three Business Days’ advance notice to the Lenders
under such Tranche, instead of prepaying the Term Loans or reducing or terminating the Term Loan
Commitments to be replaced, to (i) require the Lenders under such Tranche to assign such Term Loans
or Term Loan Commitments to the Administrative Agent or its designees and (ii) amend the terms
thereof in accordance with subsection 10.1. Pursuant to any such assignment, all Term Loans and
Term Loan Commitments to be replaced shall be purchased at par (allocated among the Lenders under
such Tranche in the same manner as would be required if such Term Loans were being optionally
prepaid or such Term Loan Commitments were being optionally reduced or terminated by the Parent
Borrower), accompanied by payment of any accrued interest and fees thereon and any amounts owing
pursuant to subsection 3.12. By receiving such purchase price, the Lenders under such Tranche shall
automatically be deemed to have assigned the Term Loans or Term Loan Commitments under such Tranche
pursuant to the terms of the form of Assignment and Acceptance, and accordingly no other action by
such Lenders shall be required in connection therewith. The provisions of this paragraph are
intended to facilitate the maintenance of the perfection and priority of existing security
interests in the Collateral during any such replacement.

          10.7 Adjustments; Set-off; Calculations; Computations. (a) If any Lender (a
“Benefited Lender”) shall at any time receive any payment of all or part of its Term Loans
owing to it, or interest thereon, or receive any collateral in respect thereof (whether voluntarily
or involuntarily, by set-off, pursuant to events or proceedings of the nature referred to in
subsection 8(f), or otherwise (except pursuant to subsection 3.4, 3.13(d) or 10.6)), in a greater
proportion than any such payment to or collateral received by any other Lender, if any, in respect
of such other Lender’s Term Loans owing to it, or interest thereon, such
Benefited Lender shall purchase for cash from the other Lenders an interest (by participation,
assignment or otherwise) in such portion of each such other Lender’s Term Loans owing to it, or
shall provide such other Lenders with the benefits of any such collateral, or the proceeds thereof,
as shall be necessary to cause such Benefited Lender to share the excess payment or benefits of
such collateral or proceeds ratably with each of the other Lenders; provided,
however, that if all or any portion of such excess payment or benefits is thereafter
recovered from such Benefited Lender, such purchase shall be rescinded, and the purchase price and
benefits returned, to the extent of such recovery, but without interest.

          (b) In addition to any rights and remedies of the Lenders provided by law, each Lender shall
have the right, without prior notice to any Borrower, any such notice being expressly waived by
each Borrower to the extent permitted by applicable law, upon the occurrence of an Event of Default
under subsection 8(a) to set-off and appropriate and apply against any amount then due and payable
under subsection 8(a) by any Borrower any and all

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deposits (general or special, time or demand, provisional or final), in any currency, and any other
credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute
or contingent, matured or unmatured, at any time held or owing by such Lender or any Affiliate
branch or agency thereof to or for the credit or the account of such Borrower. Each Lender agrees
promptly to notify the Parent Borrower and the Administrative Agent after any such set-off and
application made by such Lender, provided that the failure to give such notice shall not
affect the validity of such set-off and application.

          10.8 Counterparts. This Agreement may be executed by one or more of the parties to
this Agreement on any number of separate counterparts (including by telecopy or other electronic
transmission (i.e. pdf)), and all of such counterparts taken together shall be deemed to constitute
one and the same instrument. A set of the copies of this Agreement signed by all the parties shall
be delivered to the Parent Borrower and the Administrative Agent.

          10.9 Severability. Any provision of this Agreement which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

          10.10 Integration. This Agreement and the other Loan Documents represent the entire
agreement of each of the Loan Parties party hereto, the Agents and the Lenders with respect to the
subject matter hereof, and there are no promises, undertakings, representations or warranties by
any of the Loan Parties party hereto, any Agent or any Lender relative to the subject matter hereof
not expressly set forth or referred to herein or in the other Loan Documents.

          10.11 GOVERNING LAW. THIS AGREEMENT AND ANY NOTES AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES UNDER THIS AGREEMENT AND ANY NOTES SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          10.12 Submission to Jurisdiction; Waivers. Each party hereto hereby irrevocably and
unconditionally:

     (a) submits for itself and its property in any legal action or proceeding relating to this
Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement
of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the
State of New York, the courts of the United States of America located in the county of New York,
and appellate courts from any thereof;

     (b) consents that any such action or proceeding may be brought in such courts and waives any
objection that it may now or hereafter have to the venue of any such action or proceeding in any
such court or that such action or proceeding was brought in an inconvenient forum and agrees not to
plead or claim the same;

     (c) agrees that service of process in any such action or proceeding may be effected by mailing
a copy thereof by registered or certified mail (or any substantially

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similar form of mail), postage prepaid, to the Parent Borrower, the applicable Lender or the
Administrative Agent, as the case may be, at the address specified in subsection 10.2 or at such
other address of which the Administrative Agent, any such Lender or the Parent Borrower, as the
case may be, shall have been notified pursuant thereto;

     (d) agrees that nothing herein shall affect the right to effect service of process in any
other manner permitted by law or shall limit the right to sue in any other jurisdiction; and

     (e) waives, to the maximum extent not prohibited by law, any right it may have to claim or
recover in any legal action or proceeding referred to in this subsection any consequential or
punitive damages.

          10.13 Acknowledgements. Each Borrower hereby acknowledges that:

     (a) it has been advised by counsel in the negotiation, execution and delivery of this
Agreement and the other Loan Documents;

     (b) no Agent nor any Lead Arranger or any Lender has any fiduciary relationship with or duty
to any Loan Party arising out of or in connection with this Agreement or any of the other Loan
Documents, and the relationship between the Administrative Agent and
Lenders, on the one hand, and the Loan Parties, on the other hand, in connection herewith or
therewith is solely that of creditor and debtor; and

     (c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by
virtue of the transactions contemplated hereby and thereby among the Lenders or among any of the
Loan Parties and the Lenders.

          10.14 WAIVER OF JURY TRIAL. EACH CREDIT AGREEMENT PARTY, AGENT AND LENDER HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO
THIS AGREEMENT OR ANY NOTES OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

          10.15 Confidentiality. Each Agent and each Lender agrees to keep confidential any
information (a) provided to it by or on behalf of Holdings, the Parent Borrower, or any of their
respective Subsidiaries pursuant to or in connection with the Loan Documents or (b) obtained by
such Lender based on a review of the books and records of Holdings, the Parent Borrower or any of
their respective Subsidiaries; provided that nothing herein shall prevent any Lender from
disclosing any such information (i) to any Agent, any Lead Arranger or any other Lender, (ii) to
any Transferee, or prospective Transferee or any creditor or any actual or prospective counterparty
(or its advisors) to any swap or derivative transaction relating to any Borrower and its
obligations which agrees to comply with the provisions of this subsection pursuant to a written
instrument (or electronically recorded customary agreement from any Person listed above in this
clause (ii), in respect to any electronic information (whether posted or otherwise distributed on
Intralinks or any other electronic distribution system)) for the benefit of the Parent Borrower (it
being understood that each relevant Lender shall be solely responsible for obtaining such
instrument (or such electronically recorded agreement)), (iii) to its affiliates and

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the employees, officers, directors, trustees, agents, attorneys, accountants and other professional
advisors of it and its affiliates, provided that such Lender shall inform each such Person
of the agreement under this subsection 10.16 and take reasonable actions to cause compliance by any
such Person referred to in this clause (iii) with this agreement (including, where appropriate, to
cause any such Person to acknowledge its agreement to be bound by the agreement under this
subsection 10.16), (iv) upon the request or demand of any Governmental Authority having
jurisdiction over such Lender or its affiliates or to the extent required in response to any order
of any court or other Governmental Authority or as shall otherwise be required pursuant to any
Requirement of Law, provided that unless (i) such disclosure is pursuant to an examination
or review of the type described in clause (vii) below or (ii) the respective Lender is prohibited
by any Requirement of Law, such Lender shall notify the Parent Borrower of any disclosure pursuant
to this clause (iv) as far in advance as is reasonably practicable under such circumstances, (v)
which has been publicly disclosed other than in breach of this Agreement by the respective Agent or
Lender, (vi) in connection with the exercise of any remedy hereunder, under any Loan Document or
under any Interest Rate Protection Agreement, (vii) in connection with
regulatory examinations and reviews conducted by the National Association of Insurance
Commissioners or any Governmental Authority having jurisdiction over such Lender or its affiliates
(to the extent applicable), (viii) in connection with any litigation to which such Lender (or, with
respect to any Interest Rate Protection Agreement, any affiliate of any Lender party thereto) may
be a party, subject to the proviso in clause (iv), and (ix) if, prior to such information having
been so provided or obtained, such information was already in an Agent’s or a Lender’s possession
on a non-confidential basis without a duty of confidentiality to any Borrower being violated.

          10.16 USA Patriot Act Notice. Each Lender hereby notifies each Borrower that pursuant
to the requirements of the USA Patriot Act (Title III of Pub.: 107-56 (signed into law October 26,
2001)) (the “Patriot Act”), it is required to obtain, verify, and record information that
identifies such Borrower, which information includes the name of such Borrower and other
information that will allow such Lender to identify such Borrower in accordance with the Patriot
Act, and such Borrower agrees to provide such information from time to time to any Lender.

          10.17 INTERCREDITOR AGREEMENT. EACH LENDER PARTY HERETO UNDERSTANDS, ACKNOWLEDGES AND
AGREES THAT (X) IT IS THE INTENTION OF THE PARTIES HERETO THAT THE OBLIGATIONS ARE INTENDED TO
CONSTITUTE A DISTINCT AND SEPARATE CLASS FROM THE ABL OBLIGATIONS, (Y) AS BETWEEN THE SECURED
PARTIES, IT IS THE INTENTION OF THE PARTIES HERETO THAT THE ABL OBLIGATIONS (INCLUDING ALL
POST-PETITION INTEREST WITH RESPECT THERETO) (1) HAVE A FIRST PRIORITY SECURITY INTEREST, AND THAT
THE OBLIGATIONS HAVE A SECOND PRIORITY SECURITY INTEREST, IN ALL COLLATERAL. EACH LENDER FURTHER
UNDERSTANDS, ACKNOWLEDGES AND AGREES THAT THE PROVISIONS SETTING FORTH THE PRIORITIES AS BETWEEN
THE HOLDERS OF ABL OBLIGATIONS ON THE ONE HAND, AND THE HOLDERS OF OBLIGATIONS, ON THE OTHER HAND,
ARE SET FORTH IN THE INTERCREDITOR AGREEMENT.

          (a) EACH LENDER AUTHORIZES AND INSTRUCTS THE COLLATERAL AGENT AND THE ADMINISTRATIVE AGENT TO
ENTER INTO THE

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SECURITY DOCUMENTS AND THE INTERCREDITOR AGREEMENT ON BEHALF OF THE LENDERS, AND TO TAKE ALL
ACTIONS (AND EXECUTE ALL DOCUMENTS) REQUIRED (OR DEEMED ADVISABLE) BY IT IN ACCORDANCE WITH THE
TERMS OF THE SECURITY DOCUMENTS AND THE INTERCREDITOR AGREEMENT.

          (b) THE PROVISIONS OF THIS SUBSECTION 10.17 ARE NOT INTENDED TO SUMMARIZE ALL RELEVANT
PROVISIONS OF THE INTERCREDITOR AGREEMENT. REFERENCE MUST BE MADE TO THE INTERCREDITOR AGREEMENT
ITSELF TO UNDERSTAND ALL TERMS AND CONDITIONS
THEREOF. EACH LENDER IS RESPONSIBLE FOR MAKING ITS OWN ANALYSIS AND REVIEW OF THE INTERCREDITOR
AGREEMENT AND THE TERMS AND PROVISIONS THEREOF, AND NEITHER THE ADMINISTRATIVE AGENT NOR THE
COLLATERAL AGENT OR ANY OF ITS RESPECTIVE AFFILIATES MAKES ANY REPRESENTATION TO ANY LENDER AS TO
THE SUFFICIENCY OR ADVISABILITY OF THE PROVISIONS CONTAINED IN THE INTERCREDITOR AGREEMENT. EACH
LENDER IS FURTHER AWARE THAT THE ADMINISTRATIVE AGENT AND THE COLLATERAL AGENT ARE ALSO ACTING IN
AN AGENCY CAPACITY PURSUANT TO THE ABL CREDIT AGREEMENT, AND EACH LENDER HEREBY IRREVOCABLY WAIVES
ANY OBJECTION THERETO OR CAUSE OF ACTION ARISING THEREFROM.

          10.18 The Parent Borrower as Agent for the Borrowers. Each Borrower hereby irrevocably
appoints the Parent Borrower as its agent and attorney-in-fact for all purposes under this
Agreement and each other Loan Document, which appointment shall remain in full force and effect
unless and until the Administrative Agent shall have received prior written notice signed by the
respective appointing Borrower that such appointment has been revoked. Each Borrower hereby
irrevocably appoints and authorizes the Parent Borrower (i) to provide the Administrative Agent
with all notices with respect to Term Loans and all other notices and instructions under this
Agreement or any other Loan Document and (ii) to take such action as the Parent Borrower deems
appropriate on its behalf to obtain Term Loans and to exercise such other powers as are reasonably
incidental thereto to carry out the purposes of this Agreement and the other Loan Documents.

          10.19 Waiver. Each Borrower waives, to the fullest extent permitted by law, any right
to require the Administrative Agent or the other Lenders to (i) proceed against any other Borrower,
any Guarantor or any other party, (ii) proceed against or exhaust any security held from any
Borrower, any Guarantor or any other party or (iii) pursue any other remedy in the Administrative
Agent’s or the Lenders’ power whatsoever. Each Borrower waives, to the fullest extent permitted by
law, any defense based on or arising out of suretyship or any impairment of security held from any
Borrower, any Guarantor or any other party or on or arising out of any defense of any other
Borrower, any Guarantor or any other party other than payment in full in cash of the Obligations,
including, without limitation, any defense based on or arising out of the disability of any other
Borrower, any Guarantor or any other party, or the unenforceability of the Obligations or any part
thereof from any cause, or the cessation from any cause of the liability of any other Borrower, in
each case other than as a result of the payment in full in cash of the Obligations.

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          10.20 Nature of Obligations. Notwithstanding anything to the contrary contained
elsewhere in this Agreement, it is understood and agreed by the various parties to this Agreement
that all Obligations to repay principal of, interest on, and all other amounts with respect to Term
Loans and each Note, and all other Obligations arising hereunder and under the other Loan Documents
to which the Borrowers are a party (including all
fees, indemnities, taxes and other Obligations in connection therewith) shall constitute the joint
and several obligations of each of the Borrowers. In addition to the direct (and joint and several)
obligations of the Borrowers with respect to Obligations as described above, all such Obligations
shall be guaranteed pursuant to, and in accordance with the terms of, the Guarantee and Collateral
Agreement.

          (a) The obligations of each Borrower with respect to the Obligations are independent of the
obligations of each other Borrower or any Guarantor under its guaranty of such Obligations, and a
separate action or actions may be brought and prosecuted against each Borrower, whether or not any
other Borrower or any such Guarantor is joined in any such action or actions. Each Borrower waives,
to the fullest extent permitted by law, the benefit of any statute of limitations affecting its
liability hereunder or the enforcement thereof. Any payment by any Borrower or other circumstance
which operates to toll any statute of limitations as to any Borrower shall, to the fullest extent
permitted by law, operate to toll the statute of limitations as to each Borrower.

          (b) Each of the Borrowers authorizes the Administrative Agent and the Lenders without notice
or demand (except as shall be required by applicable statute and cannot be waived), and without
affecting or impairing its liability hereunder, from time to time to:

     (i) exercise or refrain from exercising any rights against any other Borrower or any Guarantor
or others or otherwise act or refrain from acting;

     (ii) release or substitute any other Borrower, endorsers, Guarantors or other obligors;

     (iii) settle or compromise any of the Obligations of any other Borrower or any other Loan
Party, any security therefor or any liability (including any of those hereunder) incurred directly
or indirectly in respect thereof or hereof, and may subordinate the payment of all or any part
thereof to the payment of any liability (whether due or not) of any Borrower to its creditors other
than the Lenders;

     (iv) apply any sums paid by any other Borrower or any other Person, howsoever realized or
otherwise received to or for the account of such Borrower to any liability or liabilities of such
other Borrower or other Person regardless of what liability or liabilities of such other Borrower
or other Person remain unpaid; and/or

     (v) consent to or waive any breach of, or act, omission or default under, this Agreement or
any of the instruments or agreements referred to herein, or otherwise, by any other Borrower or any
other Person.

          (c) It is not necessary for the Administrative Agent or any other Lender to inquire into the
capacity or powers of any Borrower or any of its Subsidiaries or the officers,

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directors, members, partners or agents acting or purporting to act on its behalf, and any
Obligations made or created in reliance upon the professed exercise of such powers shall constitute
the joint and several obligations of the Borrowers hereunder.

          (d) No Borrower shall have any rights of contribution or subrogation with respect to any other
Borrower as a result of payments made by it hereunder, in each case unless and until the Total Term
Loan Commitment has been terminated and all Obligations have been paid in full.

          Section 11. Holdings Guaranty.

          11.1 Guaranty. (a) In order to induce the Administrative Agent, the Collateral Agent
and the Lenders to enter into this Agreement and to extend credit hereunder, and to induce the
other Guaranteed Creditors to enter into Interest Rate Protection Agreements and Permitted Hedging
Arrangements and in recognition of the direct benefits to be received by Holdings from the proceeds
of the Term Loans, and the entering into of such Interest Rate Protection Agreements and Permitted
Hedging Arrangements, Holdings hereby agrees with the Guaranteed Creditors as follows: Holdings
hereby unconditionally and irrevocably guarantees as primary obligor and not merely as surety the
full and prompt payment when due, whether upon maturity, acceleration or otherwise, of any and all
of the Guarantor Obligations of the Borrowers to the Guaranteed Creditors. If any or all of the
Guarantor Obligations of the Borrowers to the Guaranteed Creditors becomes due and payable
hereunder, Holdings, unconditionally and irrevocably, promises to pay such indebtedness to the
Administrative Agent and/or the other Guaranteed Creditors on demand, together with any and all
expenses which may be incurred by the Administrative Agent and the other Guaranteed Creditors in
collecting any of the Guarantor Obligations. If claim is ever made upon any Guaranteed Creditor for
repayment or recovery of any amount or amounts received in payment or on account of any of the
Guarantor Obligations and any of the aforesaid payees repays all or part of said amount by reason
of (i) any judgment, decree or order of any court or administrative body having jurisdiction over
such payee or any of its property or (ii) any settlement or compromise of any such claim effected
by such payee with any such claimant (including any Borrower), then and in such event Holdings
agrees that any such judgment, decree, order, settlement or compromise shall, to the fullest extent
permitted by law, be binding upon Holdings, notwithstanding any revocation of the guarantee
contained in this Section 11 or other instrument evidencing any liability of any Borrower,
and Holdings shall, to the fullest extent permitted by law, be and remain liable to the aforesaid
payees hereunder for the amount so repaid or recovered to the same extent as if such amount had
never originally been received by any such payee.

          (b) The guarantee contained in this Section 11 shall remain in full force and effect until the
first date on which all the Term Loans, the obligations of Holdings under the guarantee contained
in this Section 11 then due and owing shall have been satisfied by payment in full in cash and any
Term Loan Commitment shall have been terminated, notwithstanding that from time to time during the
term of this Agreement any of the Borrowers may be free from any obligations under the Loan
Documents.

          11.2 Bankruptcy. Additionally, Holdings unconditionally and irrevocably guarantees the
payment of any and all of the Guarantor Obligations to the Guaranteed Creditors

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whether or not due or payable by any Borrower upon the occurrence of any of the events specified in
subsection 8.1(f), and irrevocably and unconditionally promises to pay such indebtedness to the
Guaranteed Creditors on demand, in lawful money of the United States.

          11.3 Nature of Liability. The liability of Holdings hereunder is primary, absolute and
unconditional, exclusive and independent of any security for or other guaranty of the Guarantor
Obligations, whether executed by any other guarantor or by any other party, and the liability of
Holdings hereunder shall not, to the fullest extent permitted by law, be affected or impaired by
(a) any direction as to application of payment by any Borrower or by any other party (other than a
direction that results in the payment in full of the Guarantor Obligations), or (b) any other
continuing or other guaranty, undertaking or maximum liability of a guarantor or of any other party
as to the Guarantor Obligations, or (c) any payment on or in reduction of any such other guaranty
or undertaking (other than payment of the Guarantor Obligations to the extent of such payment, or
(d) any dissolution, termination or increase, decrease or change in personnel by any Borrower, or
(e) any payment made to any Guaranteed Creditor on the Guarantor Obligations which any such
Guaranteed Creditor repays to any Borrower pursuant to court order in any bankruptcy,
reorganization, arrangement, moratorium or other debtor relief proceeding, and Holdings waives, to
the fullest extent permitted by law, any right to the deferral or modification of its obligations
hereunder by reason of any such proceeding, or (f) any action or inaction by the Guaranteed
Creditors as contemplated in subsection 11.5, or (g) any invalidity, irregularity or enforceability
of all or any part of the Guarantor Obligations or of any security therefor.

          11.4 Independent Obligation. The obligations of Holdings hereunder are independent of
the obligations of any other guarantor, any other party or any Borrower, and a separate action or
actions may be brought and prosecuted against Holdings whether or not action is brought against any
other guarantor, any other party or any Borrower and whether or not any other guarantor, any other
party or any Borrower be joined in any such action or actions. Holdings waives, to the fullest
extent permitted by law, the benefit of any statute of limitations affecting its liability
hereunder or the enforcement thereof. Any payment by any Borrower or other circumstance which
operates to toll any statute of limitations as to such Borrower shall operate to toll the statute
of limitations as to Holdings.

          11.5 Amendments, etc. with respect to the Obligations. To the maximum extent permitted
by law, Holdings shall remain obligated hereunder notwithstanding that, without any reservation of
rights against Holdings and without notice to or further assent by Holdings, any demand for payment
of any of the Guarantor Obligations made by the Administrative Agent or any other Guaranteed
Creditor may be rescinded by the Administrative Agent or such other Guaranteed Creditor and any of
the Guarantor
Obligations continued, and the Guarantor Obligations, or the liability of any other Person upon or
for any part thereof, or any collateral security or guarantee therefor or right of offset with
respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended,
waived, modified, accelerated, compromised, subordinated, waived, surrendered or released by the
Administrative Agent or any other Guaranteed Creditor, and this Agreement and the other Loan
Documents and any other documents executed and delivered in connection therewith may be amended,
waived, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or
the Required Lenders or the applicable Lender(s), as the case may be) may deem advisable from time
to time,

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and any collateral security, guarantee or right of offset at any time held by the Collateral Agent,
Administrative Agent or any other Guaranteed Creditor for the payment of any of the Guarantor
Obligations may be sold, exchanged, waived, surrendered or released. None of the Collateral Agent,
Administrative Agent and each other Guaranteed Creditor shall have any obligation to protect,
secure, perfect or insure any Lien at any time held by it as security for any of the Guarantor
Obligations or for the guarantee contained in this Section 11 or any property subject
thereto, except to the extent required by applicable law.

          11.6 Reliance. It is not necessary for any Guaranteed Creditor to inquire into the
capacity or powers of Holdings or any of its Subsidiaries or the officers, directors, partners or
agents acting or purporting to act on their behalf, and any Guarantor Obligations made or created
in reliance upon the professed exercise of such powers shall be guaranteed hereunder.

          11.7 No Subrogation. Notwithstanding any payment made by Holdings hereunder or any
set-off or application of funds of Holdings by the Administrative Agent or any other Guaranteed
Creditor, Holdings shall not be entitled to be subrogated to any of the rights of the
Administrative Agent or any other Guaranteed Creditor against any Borrower or any other Guarantor
or any collateral security or guarantee or right of offset held by the Administrative Agent or any
other Guaranteed Creditor for the payment of the Guarantor Obligations, nor shall Holdings seek or
be entitled to seek any contribution or reimbursement from any Borrower or any other Guarantor in
respect of payments made by Holdings hereunder, until all amounts owing to the Administrative Agent
and the other Guaranteed Creditors by the Borrowers on account of the Guarantor Obligations are
paid in full in cash and all Term Loan Commitments have been terminated. If any amount shall be
paid to Holdings on account of such subrogation rights at any time when all of the Guarantor
Obligations shall not have been paid in full in cash or any of the Term Loan Commitments shall
remain in effect, such amount shall be held by Holdings in trust for the Administrative Agent and
the other Guaranteed Creditor, segregated from other funds of Holdings, and shall, forthwith upon
receipt by Holdings, be turned over to the Administrative Agent in the exact form received by
Holdings (duly indorsed by Holdings to the Administrative Agent if required), to be held as
collateral security for all of the Guarantor Obligations (whether matured or unmatured) guaranteed
by Holdings and may
be applied against any Guarantor Obligations, whether matured or unmatured, in such order as the
Administrative Agent may determine.

          11.8 Waiver. (a) Holdings waives, to the fullest extent permitted by law, any right to
require any Guaranteed Creditor to (i) proceed against any Borrower, any other guarantor or any
other party, (ii) proceed against or exhaust any security held from any Borrower, any other
guarantor or any other party or (iii) pursue any other remedy in any Guaranteed Creditor’s power
whatsoever. Holdings waives, to the fullest extent permitted by law, any defense based on or
arising out of any defense of any Borrower, any other guarantor or any other party (other than
payment of the Guarantor Obligations to the extent of such payment), based on or arising out of the
disability of any Borrower, Holdings, any other guarantor or any other party, or the validity,
legality or unenforceability of the Guarantor Obligations or any part thereof from any cause, or
the cessation from any cause of the liability of any Borrower (other than payment of the Guarantor
Obligations to the extent of such payment). Subject to the other terms of this Agreement and the
Loan Documents, the Guaranteed Creditors may, at their election, foreclose on any security held by
the Administrative Agent, the Collateral Agent or any other Guaranteed

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Creditor by one or more judicial or nonjudicial sales, whether or not every aspect of any such sale
is commercially reasonable (to the extent such sale is permitted by applicable law), or exercise
any other right or remedy the Guaranteed Creditors may have against any Borrower or any other
party, or any security, without affecting or impairing in any way the liability of Holdings
hereunder except to the extent the Guarantor Obligations have been paid. Holdings waives any
defense arising out of any such election by the Guaranteed Creditors, even though such election
operates to impair or extinguish any right of reimbursement or subrogation or other right or remedy
of Holdings against any Borrower or any other party or any security.

          (b) Holdings waives, to the fullest extent permitted by law, all presentments, demands for
performance, protests and notices, including without limitation notices of nonperformance, notices
of protest, notices of dishonor, notices of acceptance of the guarantee contained in this
Section 11, and notices of the existence, creation or incurring of new or additional
Guarantor Obligations. Holdings assumes all responsibility for being and keeping itself informed of
each Borrowers’ financial condition and assets, and of all other circumstances bearing upon the
risk of nonpayment of the Guarantor Obligations and the nature, scope and extent of the risks which
Holdings assumes and incurs hereunder, and agrees that neither the Administrative Agent nor any of
the other Guaranteed Creditors shall have any duty to advise Holdings of information known to them
regarding such circumstances or risks.

          11.9 Payments. All payments made by Holdings pursuant to this sub Section 11 shall be
made in Dollars and will be made without setoff, counterclaim or other defense, and shall be
subject to the provisions of subsections 3.8 and 3.11.

          11.10 Maximum Liability. It is the desire and intent of Holdings and the Guaranteed
Creditors that the guarantee contained in this Section 11 shall be enforced against
Holdings to the fullest extent permissible under the laws and public policies applied in each
jurisdiction in which enforcement is sought. If, however, and to the extent that, the obligations
of Holdings under the guarantee contained in this Section 11 shall be adjudicated to be
invalid or unenforceable for any reason (including, without limitation, because of any applicable
state or federal law relating to fraudulent conveyances or transfers), then the amount of Holdings’
obligations under the guarantee contained in this Section 11 shall be deemed to be reduced
and Holdings shall pay the maximum amount of the Guarantor Obligations which would be permissible
under applicable law.

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          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered by their proper and duly authorized officers as of the day and year first above written.

[SIGNATURE PAGES TO BE PROVIDED SEPARATELY]

 

 

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered by their proper and duly authorized officers as of the day and year first above written.

	 	 	 	 	 
	 	RSC HOLDINGS II, LLC

 	 
	 	By:  	/s/ Keith A. Sawottke
 	 
	 	 	Name:  	Keith A. Sawottke 	 
	 	 	Title:  	Senior Vice President and Chief
Financial Officer 	 
	 
	 	RSC HOLDINGS III, LLC

 	 
	 	By:  	/s/ Keith A. Sawottke
 	 
	 	 	Name:  	Keith A. Sawottke 	 
	 	 	Title:  	Senior Vice President and Chief
Financial Officer 	 
	 
	 	RENTAL SERVICE CORPORATION

 	 
	 	By:  	/s/ Keith A. Sawottke
 	 
	 	 	Name:  	Keith A. Sawottke 	 
	 	 	Title:  	Senior Vice President and Chief
Financial Officer 	 
	 

[Second-Lien Credit Agreement-Signature Page]

 

 

	 	 	 	 	 
	 	DEUTSCHE BANK SECURITIES INC.,

     as a Joint Lead Arranger

 	 
	 	By:  	/s/ Stephen R. Lapidus
 	 
	 	 	Name:  	Stephen R. Lapidus 	 
	 	 	Title:  	Director 	 
	 
	 	By:  	                                        /s/ Stephanie L. Perry
 	 
	 	 	Name:  	Stephanie L. Perry 	 
	 	 	Title:  	Director 	 
	 

[Signature Page to Second-Lien Term Loan Credit Agreement]

 

 

	 	 	 	 	 
	 	DEUTSCHE BANK AG, NEW YORK BRANCH,

     Individually and as Administrative

     Agent and Collateral Agent

 	 
	 	By:  	/s/ Marguerite Sutton
 	 
	 	 	Name:  	Marguerite Sutton 	 
	 	 	Title:  	Director 	 
	 
	 	By:  	                                        /s/ Omayra Laucella
 	 
	 	 	Name:  	Omayra Laucella 	 
	 	 	Title:  	Vice President 	 
	 

[Signature
Page to Second-Lien Term Loan Credit Agreement]

 

 

	 	 	 	 	 
	 	CITICORP NORTH AMERICA, INC.,

     as Syndication Agent

 	 
	 	By:  	/s/ Aaron Dannenberg
 	 
	 	 	Name:  	Aaron Dannenberg 	 
	 	 	Title:  	Vice President 	 
	 

[Signature
Page to Second-Lien Term Loan Credit Agreement]

 

 

SCHEDULE A

COMMITMENTS

	 	 	 
	 	 	Initial Term Loan Commitment
	Deutsche Bank AG, New York Branch
	 	$1,130,000,000
	 
	TOTAL:
	 	$1,130,000,000

 

 

LENDER ADDRESSES

	 	 	 
	Lender	 	Address
	Deutsche Bank AG, New York Branch

	 	60 Wall Street
	 

	 	New York, NY 10005
	 

	 	Attention: Marguerite Sutton
	 

	 	Telephone: (212) 250-6150
	 

	 	Telecopier: (212) 797-4655

 

 

Schedule B

to Credit Agreement

Schedule B: Assumed Indebtedness

	I.	 	Capital Leases

	 	1.	 	Motor Vehicle Open Ended Operating Lease No. 0988 dated as of April 24, 2000
between DL Peterson Trust and RSC ($122,600,000.00 approximate aggegate principal amount
as of November 24, 2006).

	II.	 	Mortgages

	 	1.	 	Mortgage and Promissory Note, dated September 21, 1993, from RSC (as
successor-in-interest to Acme Acquisition Corp.) in favor of Vito Croce and Mary Croce
($35,549.18 approximate aggregate principal amount as of November 24, 2006).
	 
	 	2.	 	Mortgage and Promissory Note, dated September 21, 1993, from RSC (as
successor-in-interest to Acme Acquisition Corp.) in favor of Donald Jacobson and Marilee
I. Jacobson ($35,549.18 approximate aggregate principal amount as of November 24, 2006).

2

 

Schedule 4.2

to Credit Agreement

Schedule 4.2: Material Adverse Effect Disclosure

None.

3

 

Schedule 4.4

to Credit Agreement

Schedule 4.4: Consents Required

	1.	 	Industrial Lease Agreement between Partnership 221 (Landlord), a New Mexico limited
liability company, and Zuni Rental Enterprises, L.L.C. (Tenant), a Colorado limited liability
company, as assigned to The Air & Pump Company on December 20, 1999 and renewed by RSC
pursuant to the lease renewal notice dated June 28, 2001 (Property ID Number 292-01).
	 
	2.	 	Lease Agreement between Mary Louise Veatch, R. Kendal Veatch, Marilyn M. Veatch, Melvin
T. Veatch, Jr. and Kathleen O. Veatch (Lessor) and Danville Rental and Services, Inc. (Lessee)
dated May 1, 1988, as assigned to Rental Service Corporation USA, Inc. on May 3, 2000 and
renewed by RSC on February 13, 2003 and January 20, 2005 (Property ID Number 378-02).
	 
	3.	 	Commercial Lease Agreement between Peter E. and Kathryn R. Melsted (Lessor) and JDW
Enterprises, Inc. (Lessee) dated November 1, 1995, as amended on March 14, 2005 (Property ID
Number 392-01).
	 
	4.	 	Sublease Agreement between JDW Enterprises, Inc. dba Valley Rentals (Sublessor), an
Arizona corporation, and Peter E. and Kathryn R. Melsted (Lessor) and RSC Center, Inc.
(Sublessee), a Texas corporation, dated February 2, 1998, as amended on July 10, 2000, October
24, 2002 and March 13, 2003 (Property ID Number 397-01).
	 
	5.	 	Lease Agreement between Century 21 Cox Realty (Lessor) and Prime Service (Lessee) dated
December 1, 1994 (Property ID Number 527-01).
	 
	6.	 	Lease Agreement between Clementina LTD (Lessor) and Prime Service, Inc., a Delaware
corporation (Lessee), as amended on October 4, 2002 (Property ID Number 550-01).
	 
	7.	 	Lease Agreement between Simas Floor Company, Inc., Money Purchase Pension Plan & Trust
(Lessor) and RSC (Lessee) dated September 25, 2001, as amended on January 24, 2006 (Property
ID Number 554-01).
	 
	8.	 	Lease Agreement between Clementina Refinery Services and Anne Cleary Kerns, L.L.C. dated
November 20, 1997, as assigned to Prime Service, Inc. pursuant to Assignment of Lease dated
November 21, 1997 and modified pursuant to Modification Agreement entered into between Anne
Cleary Kerns, L.L.C. and RSC, successor to Clementina Refinery Services, dated September 5,
2003 (Property ID Number 556-01).
	 
	9.	 	Lease Agreement between Tulloch Construction, Inc., a California corporation (Lessor),
and Prime Service, Inc., a Delaware corporation (Lessee), dated June 9, 1998, as amended on
September 16, 2005 (Property ID Number 557-01).

4

 

 Schedule 4.4

to Credit Agreement

	10.	 	Lease Agreement between Four Square Development Company, a Washington partnership
(Lessor), and Alpine Equipment Rentals & Supply Company Inc., a Washington corporation
(Lessee), dated November 1, 1991, as amended on July 29, 1996, renewed by RSC, successor to
Alpine Equipment Rentals & Supply Company, Inc., on April 5, 2002, and amended on May 17, 2002
and March 21, 2006 (Property ID Number 561-01).
	 
	11.	 	Lease Agreement between B&B Properties (Landlord), a Washington partnership, and Prime
Service, Inc. (Tenant), a Delaware corporation, dated November 4, 1998, as renewed by RSC,
successor to Prime Service, Inc., on August 10, 2001, and amended on April 7, 2002 (Property
ID Number 563-01).
	 
	12.	 	Lease Agreement between Harold E. Stack (Lessor) and Alpine Equipment Rentals and Supply
Company, Inc. (Lessee) dated April 22, 1990, as renewed on November 30, 1995, assigned to
Primeco, Inc. pursuant to Lessor’s Consent dated July 25, 1996, amended on July 5, 2000, July
29, 2002 and January 14, 2004 and renewed on June 30, 2005 (Property ID Number 565-01).
	 
	13.	 	Commercial Lease Agreement between John V. and Claudette S. Gubrud (Lessor) and Alpine
Equipment Rentals and Supply Company, Inc. (Lessee) dated May 15, 1995, as assigned to Primeco
Inc. pursuant to Lessor’s Consent dated July 25, 1996, amended and extended on July 16, 1999
and renewed by RSC on January 28, 2005 (Property ID Number 566-01).
	 
	14.	 	Commercial Building Lease Agreement between Louisville Regional Airport Authority and RSC
dated May 21, 2004 (Property ID Number 730-01).
	 
	15.	 	Lease Agreement between The Prudential Insurance Company of America, a New Jersey
corporation (Lessor), and Primeco, Inc., dated August 7, 1992, as amended on August 6, 1996,
September 26, 1996, January 27, 1998 and November 3,
2000 (Property ID Number
981-04).
	 
	16.	 	Master Lease Agreement No 00228 dated July 16, 2003 between the Company and Bay4 Capital
LLC.
	 
	17.	 	Lease Agreement between Mosak Properties LLC (Assignee/Landlord), a Delaware limited
liability company and Rental Service Corporation (Tenant), dated November 4, 2004 (Property ID
Number 354-02).
	 
	18.	 	Lease Agreement between Amtel, Inc. (Landlord), a South Carolina corporation, and Prime
Service, Inc (Tenant), a Delaware corporation, dated March 23, 1998 (Property ID 478-02).
	 
	19.	 	Industrial Lease Agreement between Partnership 221 (Landlord), a New Mexico limited
liability company, and Zuni Rental Enterprises, L.L.C. (Tenant), a Colorado limited liability
company, as assigned to The Air & Pump Company on December 2, 1997 and

5

 

Schedule 4.4

to Credit Agreement

	 	 	renewed by RSC pursuant to the lease renewal notice dated June 28, 2001 and August 18,
2006 (Property ID Number 293-01).
	 
	20.	 	Applicable requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976,
as amended.

6

 

Schedule 4.8

to Credit Agreement

Schedule 4.8: Real Property

I(a) Owned Real Property

	 	 	 	 	 	 	 	 	 	 	 
	 	 	State	 	City	 	Address	 	Zip Code
	1.

	 	Florida
	 	Ft. Pierce
	 	3019 S. US Highway 1
	 	 	34982	 
	2.

	 	Florida
	 	Pensacola
	 	5580 N. Pensacola Boulevard
	 	 	32505	 
	3.

	 	Iowa
	 	Muscatine
	 	1303 Washington Street
	 	 	52761	 
	4.

	 	North Carolina
	 	Winston-Salem
	 	3800 N. Patterson Avenue
	 	 	27105	 
	5.

	 	Texas
	 	Wichita Falls
	 	1113 Sheppard Access Road Coded
	 	 	76306	 

I(b) Leased Real Property

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	1	 	9
	 	R-001-01	 	4915 101st Avenue	 	Edmonton	 	AB
	2	 	9
	 	R-002-01	 	5518 50th Avenue	 	Bonnyville	 	AB
	4	 	9
	 	R-004-01	 	15730 118th Ave.	 	Edmonton	 	AB
	6	 	9
	 	R-006-02	 	275 MacAlpine Crescent	 	Fort McMurray	 	AB
	6	 	9
	 	R-006-03	 	265 MacAlpine - (lot lease)	 	Fort McMurray	 	AB
	7	 	9
	 	R-007-02	 	2181 Premier Way, #244	 	Sherwood Park	 	AB
	8	 	9
	 	R-008-04	 	2921 Millar Avenue	 	Saskatoon	 	SK
	9	 	9
	 	R-009-01	 	235 McDonald St. North	 	Regina	 	SK
	10	 	9
	 	R-010-02	 	3639 8th Street SE	 	Calgary	 	AB
	11	 	9
	 	R-011-02	 	6734 65th Avenue	 	Red Deer	 	AB
	12	 	9
	 	R-012-01	 	3915 38th Street	 	Whitecourt	 	AB
	13	 	9
	 	R-013-01	 	59 17th Street West	 	Prince Albert	 	SK
	14	 	3
	 	R-014-01	 	2136 W. Beaver Street	 	Jacksonville	 	FL
	15	 	3
	 	R-015-01	 	8618 Philips Highway	 	Jacksonville	 	FL
	16	 	7
	 	R-016-01	 	3301 Cities Service Hwy.	 	Westlake	 	LA
	18	 	2
	 	R-018-01	 	911 South Loop West	 	Houston	 	TX
	21	 	7
	 	R-021-01	 	38385 Highway 30	 	Gonzales	 	LA
	22	 	2
	 	R-022-02	 	U.S. Highway 79 South OR 766 Highway 79 West	 	Buffalo	 	TX
	26	 	7
	 	R-026-03	 	8424 Hansen Rd	 	Houston	 	TX
	27	 	2
	 	R-027-02	 	3500 Ellen Trout Drive	 	Lufkin	 	TX
	28	 	2
	 	R-028-01	 	1419 FM 1845	 	Longview	 	TX
	31	 	2
	 	R-031-01	 	2301 S. Texas Avenue	 	College Station	 	TX
	32	 	2
	 	R-032-02	 	820 Bus Hwy 30 E	 	Huntsville	 	TX
	33	 	2
	 	R-033-01	 	2700 W. Highway 290	 	Brenham	 	TX

7

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	34	 	2
	 	R-034-01	 	5210 S. General Bruce	 	Temple	 	TX
	36	 	2
	 	R-036-01	 	3301 Interstate Hwy. 35 North	 	Round Rock	 	TX
	38	 	3
	 	R-038-01	 	On-Site facility at Chevron Products	 	Pascagoula	 	MS
	39	 	7
	 	R-039-01	 	750 Highway 61 North	 	Vicksburg	 	MS
	40	 	7
	 	R-040-01	 	585 S. Padre Island	 	Corpus Christi	 	TX
	41	 	7
	 	R-041-01	 	4330 Highway 80 West	 	Jackson	 	MS
	42	 	7
	 	R-042-01	 	5595 Highway 49 South	 	Hattiesburg	 	MS
	43	 	9
	 	R-043-03	 	19862 County Road 20	 	Foley	 	AL
	44	 	7
	 	R-044-02	 	227 Shelton Street	 	Columbus	 	MS
	45	 	3
	 	R-045-01	 	14144 66th Street N.	 	Largo	 	FL
	46	 	3
	 	R-046-01	 	6717 US Highway 19	 	Port Richey	 	FL
	46	 	3
	 	R-046-02	 	11507 U.S. 19 North	 	Port Richey	 	FL
	48	 	3
	 	R-048-01	 	3051 Hanson Street	 	Ft. Myers	 	FL
	51	 	8
	 	R-051-01	 	3180 Highway 20 West	 	Decatur	 	AL
	52	 	3
	 	R-052-02	 	3235 Veterans Circle	 	Trussville	 	AL
	54	 	3
	 	R-054-01	 	2123 Hamilton Rd.	 	La Grange	 	GA
	55	 	3
	 	R-055-01	 	2400 Whittlesey Road	 	Columbus	 	GA
	56	 	3
	 	R-056-01	 	1747 Warm Springs Rd.	 	Columbus	 	GA
	57	 	3
	 	R-057-01	 	2379 Bentcreek Road	 	Auburn	 	AL
	57	 	3
	 	R-052-02	 	1845 East Glen Avenue	 	Auburn	 	AL
	58	 	3
	 	R-058-01	 	35 Herring Road	 	Newnan	 	GA
	59	 	3
	 	R-059-01	 	6535 Bankhead Hwy.	 	Douglasville	 	GA
	60	 	3
	 	R-060-01	 	616 Hwy 138 S.W. - Combined location with RSC District	 	 	 	 	 	 
	 	 	 
	 	 	 	Office #163 - Same Lease	 	Riverdale	 	GA
	61	 	7
	 	R-061-01	 	1214 Jefferson Road	 	Demopolis	 	AL
	66	 	3
	 	R-066-01	 	2750 Southside Drive	 	Tuscaloosa	 	AL
	67	 	3
	 	R-067-01	 	729 S. Westover Blvd.	 	Albany	 	GA
	68	 	4
	 	R-068-01	 	3521 Old Savannah Road.	 	Augusta	 	GA
	69	 	8
	 	R-069-01	 	4293 Highway 58	 	Chattanooga	 	TN
	71	 	3
	 	R-071-01	 	Lot 302 Highway 9	 	Cumming	 	GA
	72	 	3
	 	R-072-01	 	50 Trade Street	 	Bogart	 	GA
	73	 	3
	 	R-073-01	 	3297 Martha Berry Hwy.	 	Rome	 	GA
	75	 	3
	 	R-075-02	 	6575 Southern Boulevard	 	West Palm Beach	 	FL
	77	 	3
	 	R-077-01	 	1830 Mason Ave.	 	Daytona Beach	 	FL
	80	 	8
	 	R-080-02	 	43388 U.S. Highway 72	 	Stevenson	 	AL
	81	 	8
	 	R-081-01	 	3180 Leeman Ferry Rd.	 	Huntsville	 	AL
	82	 	8
	 	R-082-02	 	1512 E 2nd Street	 	Muscle Shoals	 	AL
	99	 	6
	 	R-099-01	 	6929 E. Greenway STE 200	 	Scottsdale	 	AZ

8

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	99	 	6
	 	R-884-01	 	10822 E Fanfol Lane	 	Scottsdale	 	AZ
	99	 	6
	 	R-884-02	 	6633 E. Greenway Parkway, #2060	 	Scottsdale	 	AZ
	100	 	6
	 	R-100-01	 	407 S. Price Road	 	Tempe	 	AZ
	107	 	7
	 	R-107-01	 	11832 Lake Charles Highway	 	Leesville	 	LA
	110	 	7
	 	R-110-01	 	3612 Coliseum Blvd.	 	Alexandria	 	LA
	111	 	7
	 	R-111-01	 	333 Griffith Street	 	Pineville	 	LA
	112	 	2
	 	R-112-01	 	6230 Southwest Pkwy.	 	Wichita Falls	 	TX
	113	 	2
	 	R-113-02	 	2200 Falcon Rd	 	Altus	 	OK
	113	 	2
	 	R-113-03	 	3003 East Broadway Street	 	Altus	 	OK
	115	 	7
	 	R-115-02	 	4911 Highway 90 East	 	Broussard	 	LA
	116	 	7
	 	R-116-01	 	10606 E. Main St.	 	Houma	 	LA
	118	 	7
	 	R-118-01	 	68674 Hwy. 59	 	Mandeville	 	LA
	119	 	7
	 	R-119-01	 	5194 FM 1006	 	Orange	 	TX
	120	 	7
	 	R-120-01	 	201 Avenue F North	 	Bay City	 	TX
	121	 	2
	 	R-121-01	 	4542 IH 35	 	San Marcos	 	TX
	122	 	2
	 	R-122-01	 	1300 W. Central TX Expy.	 	Killeen	 	TX
	126	 	2
	 	R-126-02	 	29880 W IH-10	 	Boerne	 	TX
	127	 	2
	 	R-127-01	 	2225 Austin St	 	San Angelo	 	TX
	130	 	7
	 	R-130-01	 	80 Grady Road	 	Grenada	 	MS
	131	 	5
	 	R-131-01	 	6014 Forbing Road	 	Little Rock	 	AR
	131	 	5
	 	R-131-02	 	11618 Otter Creek South	 	Mabelvale	 	AR
	132	 	5
	 	R-132-01	 	6101 Forbing Road	 	Little Rock	 	AR
	135	 	5
	 	R-135-01	 	2600 W. Main	 	Jacksonville	 	AR
	136	 	5
	 	R-136-01	 	7217 Airways Road	 	Southaven	 	MS
	138	 	7
	 	R-138-01	 	3035 S. Frontage Road	 	Meridian	 	MS
	139	 	5
	 	R-139-01	 	2039 Fletcher Creek Road	 	Memphis	 	TN
	139	 	5
	 	R-139-03	 	Highway 70/Kirby-Whitten Road	 	Bartlett	 	TN
	141	 	3
	 	R-141-01	 	119 Doodle Avenue	 	Fort Walton Beach	 	FL
	142	 	3
	 	R-142-04	 	691 N.W. 31st Avenue	 	Pompano Beach	 	FL
	143	 	3
	 	R-143-03	 	2471 Smith Street	 	Kissimmee	 	FL
	145	 	3
	 	R-145-02	 	10247 Highway 84 East	 	Thomasville	 	GA
	151	 	3
	 	R-151-02	 	700 Enterprise Court	 	Montgomery	 	AL
	152	 	3
	 	R-152-02	 	1214 Hamrick Drive West	 	Oxford	 	AL
	153	 	3
	 	R-153-01	 	364 Highway 280	 	Alexander City	 	AL
	154	 	3
	 	R-154-02	 	3425 Napier Field Rd	 	Dothan	 	AL
	156	 	3
	 	R-156-01	 	1503 West 15th Street	 	Panama City	 	FL
	157	 	3
	 	R-157-01	 	140 Industrial Drive	 	Attalla	 	AL
	159	 	3
	 	R-159-01	 	1369 McCain Pkwy	 	Pelham	 	AL

9

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	160	 	3
	 	R-160-01	 	135 Peachtree Road	 	Byron	 	GA
	163	 	3
	 	R-163-01	 	616 Hwy 138 S.W.: Combined location
with RSC 	 	 	 	 
	 	 	 
	 	 	 	Store #060 - Same Lease	 	Riverdale	 	GA
	165	 	3
	 	R-165-01	 	1747 Warm Springs Rd. (same lease as store #56)	 	Columbus	 	GA
	166	 	3
	 	R-166-01	 	921 East Morris Street	 	Dalton	 	GA
	167	 	3
	 	R-167-02	 	323 South Houston Lake Road	 	Warner Robins	 	GA
	169	 	8
	 	R-169-03	 	5188 Eastgate Blvd	 	Lebanon	 	TN
	170	 	8
	 	R-170-01	 	1500 Fritz Street SE	 	Cleveland	 	TN
	171	 	8
	 	R-171-02	 	10639 Dutchtown Road	 	Knoxville	 	TN
	173	 	8
	 	R-173-01	 	6688 W. A. Johnson Hwy.	 	Morristown	 	TN
	174	 	8
	 	R-174-01	 	608 West Avenue	 	Crossville	 	TN
	175	 	8
	 	R-175-02	 	147 Jack Miller Boulevard	 	Clarksville	 	TN
	176	 	8
	 	R-176-03	 	301 Crutcher Street	 	Nashville	 	TN
	177	 	8
	 	R-177-01	 	1425 S. Church Street	 	Murfreesboro	 	TN
	178	 	8
	 	R-178-01	 	109 Century Court	 	Franklin	 	TN
	180	 	4
	 	R-180-01	 	709 Seaboard Street	 	Myrtle Beach	 	SC
	184	 	3
	 	R-184-01	 	132 Matthews Drive	 	Hilton Head	 	SC
	188	 	4
	 	R-188-01	 	4013 Highway 74 West	 	Monroe	 	NC
	190	 	4
	 	R-190-01	 	700 South 15th Avenue	 	Hopewell	 	VA
	191	 	4
	 	R-191-01	 	3925 Washington Blvd.	 	Baltimore	 	MD
	193	 	4
	 	R-193-01	 	11104 Industrial Road	 	Manassas	 	VA
	195	 	4
	 	R-195-01	 	9430 Early Drive	 	Hagerstown	 	MD
	196	 	4
	 	R-196-01	 	6778 Lincoln Hwy. West	 	Thomasville	 	PA
	201	 	4
	 	R-201-01	 	610 Pine Log Road	 	Aiken	 	SC
	202	 	4
	 	R-202-01	 	1201 Electric Road	 	Salem	 	VA
	203	 	4
	 	R-203-02	 	1570 Radford Road	 	Christiansburg	 	VA
	204	 	4
	 	R-204-01	 	8008 Dorchester Road	 	Charleston	 	SC
	206	 	4
	 	R-206-01	 	1303 Governor Court	 	Abingdon	 	MD
	207	 	4
	 	R-207-02	 	4620 Wedgewood Boulevard	 	Frederick	 	MD
	210	 	8
	 	R-210-01	 	3913 24th Street	 	Moline	 	IL
	212	 	5
	 	R-212-01	 	2021 NE Broadway	 	Des Moines	 	IA
	213	 	5
	 	R-213-01	 	5735 4th Street SW	 	Cedar Rapids	 	IA
	214	 	8
	 	R-214-01	 	4419 & 4375 Reas Bridge Road	 	Decatur	 	IL
	216	 	8
	 	R-216-01	 	1414 Triumph Drive	 	Urbana	 	IL
	218	 	5
	 	R-218-01	 	2325 SE 5th Street	 	Ames	 	IA
	219	 	8
	 	R-219-01	 	300 W. Chicago Ave.	 	E. Chicago	 	IN
	221	 	5
	 	R-221-01	 	3140 E. Kearney	 	Springfield	 	MO
	223	 	2
	 	R-223-03	 	3520 N. Perkins Road	 	Stillwater	 	OK

10

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	224	 	8
	 	R-224-01	 	21600 Doral Road	 	Waukesha	 	WI
	224	 	8
	 	R-224-02	 	21650 Doral Road	 	Waukesha	 	WI
	225	 	8
	 	R-225-01	 	3736 11th Street	 	Rockford	 	IL
	226	 	8
	 	R-226-01	 	2201 East Higgins Road	 	ElK Grove Village	 	IL
	230	 	5
	 	R-230-02	 	6520 W. Barraque Street	 	Pine Bluff	 	AR
	231	 	2
	 	R-231-01	 	2022 Texas Blvd.	 	Texarkana	 	TX
	232	 	5
	 	R-232-01	 	1810 S. 8th Street	 	Rogers	 	AR
	232	 	5
	 	R-232-02	 	2505 N. 24th Street	 	Rogers	 	AR
	233	 	5
	 	R-233-01	 	2927 Browns Lane	 	Jonesboro	 	AR
	235	 	5
	 	R-235-01	 	931 S. Division Street	 	Blytheville	 	AR
	235	 	5
	 	R-235-02	 	4855 North County Road 773	 	Blytheville	 	AR
	237	 	5
	 	R-237-01	 	3004 S. Arkansas	 	Russellville	 	AR
	238	 	5
	 	R-238-01	 	3616 Towson Avenue	 	Fort Smith	 	AR
	239	 	5
	 	R-239-01	 	1800 Higdon Ferry Rd.	 	Hot Springs	 	AR
	240	 	3
	 	R-240-01	 	709 West Gaines St.	 	Tallahassee	 	FL
	241	 	3
	 	R-241-01	 	3655 N. Monroe St.	 	Tallahassee	 	FL
	243	 	3
	 	R-243-01	 	2445 Capital Circle NE	 	Tallahassee	 	FL
	244	 	3
	 	R-244-02	 	539 S.W. Arrowhead Terrace	 	Lake City	 	FL
	245	 	3
	 	R-245-02	 	4383 Inner Perimeter Road	 	Valdosta	 	GA
	247	 	8
	 	R-247-01	 	1610 W. Wisconsin Avenue	 	Appleton	 	WI
	248	 	8
	 	R-248-01	 	5814 Green Valley Road	 	Oshkosh	 	WI
	249	 	2
	 	R-249-01	 	3801 SE Nowata Road	 	Bartlesville	 	OK
	249	 	2
	 	R-249-02	 	Lot Next Door	 	Bartlesville	 	OK
	250	 	5
	 	R-250-01	 	2025 Westfield Avenue	 	Waterloo	 	IA
	251	 	5
	 	R-251-01	 	2809 Larson Street	 	LaCrosse	 	WI
	252	 	5
	 	R-252-03	 	1100 Vine Street	 	Hays	 	KS
	254	 	4
	 	R-254-02	 	7094 Truck World Blvd	 	Hubbard	 	OH
	256	 	5
	 	R-256-01	 	449 St. Ferdinand	 	Florissant	 	MO
	257	 	5
	 	R-257-01	 	1717 Ford Lane	 	St. Charles	 	MO
	260	 	7
	 	R-260-01	 	8500 W. Bay Road - On-site facility at Bayer	 	Baytown	 	TX
	262	 	7
	 	R-262-01	 	8280 Sheldon Road - On-site facility at Citgo	 	Channelview	 	TX
	263	 	7
	 	R-263-01	 	458 Plantation Drive, PMB 302 - On-site facility at Dow	 	Lake Jackson	 	TX
	265	 	7
	 	R-265-01	 	1790 Paris Road-Gate #3 - On-site facility at Mobile	 	Chalmette	 	LA
	266	 	7
	 	R-266-01	 	585 S. Padre Island - On-site facility at Koch	 	Corpus Christi	 	TX
	267	 	7
	 	R-267-01	 	3301 Cities Service Highway - On-site facility at Petro	 	Westlake	 	LA

11

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	268	 	8
	 	R-268-01	 	300 W. Chicago Ave. - On-site facility at Amoco	 	E. Chicago	 	IN
	271	 	8
	 	R-271-01	 	Finley Island Road - On-site facility at Amoco Chemical	 	Decatur	 	AL
	272	 	5
	 	R-272-01	 	650 Industrial Road - Onsite facility at Cargill Plant	 	Blair	 	NE
	274	 	8
	 	R-274-03	 	6001 Atwood Drive	 	Richmond	 	KY
	276	 	8
	 	R-276-02	 	912 W Cumberland Gap Parkway	 	Corbin	 	KY
	279	 	2
	 	R-279-01	 	3212 Prairie Valley Road	 	Ardmore	 	OK
	280	 	5
	 	R-280-01	 	1401 W. Potter Ave	 	Kirksville	 	MO
	280	 	5
	 	R-280-02	 	3008 Baltimore Street	 	Kirksville	 	MO
	281	 	5
	 	R-281-02	 	5635 Highway 54	 	Osage Beach	 	MO
	282	 	5
	 	R-282-01	 	1226 E. 16th Avenue & 1508 13th Street E.	 	Hibbing	 	MN
	283	 	5
	 	R-283-01	 	325 S. Kansas Avenue	 	Liberal	 	KS
	285	 	6
	 	R-285-01	 	230394 Highland Road	 	Scottsbluff	 	NE
	288	 	4
	 	R-288-03	 	932 S. 13th Street	 	Harrisburg	 	PA
	290	 	6
	 	R-290-02	 	Airport Boulevard & 22nd Avenue	 	Aurora	 	CO
	290	 	6
	 	R-290-01	 	11250 East 40th Ave.	 	Denver	 	CO
	291	 	6
	 	R-291-01	 	1250 Zuni Street	 	Denver	 	CO
	292	 	2
	 	R-292-01	 	3900 Interstate 40 East	 	Amarillo	 	TX
	293	 	2
	 	R-293-01	 	317 Southeast Loop 289	 	Lubbock	 	TX
	294	 	6
	 	R-294-01	 	201 Juan Tabo NE	 	Albuquerque	 	NM
	295	 	6
	 	R-295-01	 	9170 Coors NW	 	Albuquerque	 	NM
	296	 	6
	 	R-296-01	 	2401 Menaul NE	 	Albuquerque	 	NM
	297	 	5
	 	R-297-02	 	3708 Arch Avenue	 	Grand Island	 	NE
	298	 	5
	 	R-298-01	 	11615 S. Rogers Road	 	Olathe	 	KS
	299	 	5
	 	R-299-02	 	1040 Burlington	 	Kansas City	 	MO
	300	 	6
	 	R-300-01	 	1429 E. Mulberry	 	Fort Collins	 	CO
	301	 	6
	 	R-301-01	 	481 West 84th Avenue	 	Thornton	 	CO
	302	 	6
	 	R-302-01	 	13109 N. Highway 85	 	Littleton	 	CO
	303	 	6
	 	R-303-01	 	2401 Steel Drive	 	Colorado Springs	 	CO
	306	 	5
	 	R-306-01	 	5101 East 63rd Street	 	Derby	 	KS
	308	 	4
	 	R-308-01	 	575 E. Exchange Street	 	Akron	 	OH
	311	 	5
	 	R-311-01	 	9707 E. Orme	 	Wichita	 	KS
	312	 	5
	 	R-312-02	 	9127 West Kellogg Drive	 	Wichita	 	KS
	314	 	5
	 	R-314-01	 	951 SE. Oldham Parkway	 	Lees Summit	 	MO
	315	 	5
	 	R-315-01	 	754 E. Young	 	Warrensburg	 	MO
	315	 	5
	 	R-315-02	 	611 Creach Drive (lot lease)	 	Warrensburg	 	MO

12

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	316	 	5
	 	R-316-02	 	1606 Commerce Court	 	Columbia	 	MO
	317	 	5
	 	R-317-01	 	2805 Newman Road	 	Joplin	 	MO
	318	 	2
	 	R-318-01	 	2900 North Interstate Dr.	 	Norman	 	OK
	319	 	5
	 	R-319-02	 	3818 South Leonard Road	 	St. Joseph	 	MO
	320	 	5
	 	R-320-01	 	2340 Fernbrook Lane	 	Plymouth	 	MN
	322	 	5
	 	R-322-01	 	6740 Hudson Blvd.	 	Oakdale	 	MN
	322	 	5
	 	R-322-02	 	Hudson Blvd (lot lease)	 	Oakdale	 	MN
	323	 	5
	 	R-323-01	 	3750 Highway 13 West	 	Burnsville	 	MN
	324	 	5
	 	R-324-01	 	4201 West First Street	 	Duluth	 	MN
	325	 	5
	 	R-325-02	 	8616 S. 135th Street	 	LaVista	 	NE
	326	 	5
	 	R-326-01	 	1821 Cornhusker Hwy.	 	Lincoln	 	NE
	326	 	5
	 	R-326-02	 	1830 Yolande (lot lease)	 	Lincoln	 	NE
	327	 	8
	 	R-327-01	 	4117 W. Mount Pleasant	 	West Burlington	 	IA
	328	 	8
	 	R-328-01	 	2700 S. 17th Street	 	Clinton	 	IA
	330	 	5
	 	R-330-01	 	3020 Highway 63 North	 	Rochester	 	MN
	331	 	2
	 	R-331-01	 	810 Strong Highway	 	El Dorado	 	AR
	332	 	2
	 	R-332-01	 	8104 Northwest Expy.	 	Oklahoma City	 	OK
	333	 	2
	 	R-333-01	 	708 W. Elgin Street	 	Broken Arrow	 	OK
	334	 	2
	 	R-334-01	 	324 W. Memorial Rd.	 	Oklahoma City	 	OK
	337	 	2
	 	R-337-01	 	9222 East 21st Street	 	Tulsa	 	OK
	338	 	2
	 	R-338-01	 	10601 S. Memorial Dr.	 	Tulsa	 	OK
	339	 	5
	 	R-339-01	 	4609 Crossroads Ind. Blvd.	 	Bridgeton	 	MO
	340	 	8
	 	R-340-01	 	2701 South Main Street	 	Bloomington	 	IL
	341	 	5
	 	R-341-01	 	2050 Southern Expressway	 	Cape Girardeau	 	MO
	342	 	5
	 	R-342-02	 	3801 Maine Street	 	Quincy	 	IL
	343	 	8
	 	R-343-01	 	3161 Market Street	 	Green Bay	 	WI
	344	 	8
	 	R-344-01	 	26 Marsh Court	 	Madison	 	WI
	345	 	8
	 	R-345-01	 	5605 Mesker Street	 	Schofield	 	WI
	346	 	8
	 	R-346-01	 	2901 N. Peoria	 	Peru	 	IL
	347	 	8
	 	R-347-01	 	1845 East Lincoln Hwy.	 	DeKalb	 	IL
	348	 	8
	 	R-348-02	 	3407 N. Main Street	 	East Peoria	 	IL
	350	 	4
	 	R-350-01	 	1291 Medina Road	 	Medina	 	OH
	352	 	5
	 	R-352-01	 	307 North 14th Avenue	 	Dodge City	 	KS
	353	 	7
	 	R-353-01	 	1948 Cliff Gookin Blvd.	 	Tupelo	 	MS
	354	 	8
	 	R-354-02	 	22634 South Frontage Road West	 	Channahon	 	IL
	355	 	5
	 	R-355-01	 	3352 Southway Drive	 	St. Cloud	 	MN
	357	 	8
	 	R-357-02	 	1600 S. Dirksen Parkway	 	Springfield	 	IL
	358	 	5
	 	R-358-01	 	390 E. 12th Street	 	Dubuque	 	IA

13

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	359	 	5
	 	R-359-02	 	5076 Mid America Court	 	Collinsville	 	IL
	361	 	5
	 	R-361-02	 	4258 3rd Avenue NW	 	Fargo	 	ND
	361	 	5
	 	R-361-03	 	3004 Thunder Road South	 	Fargo	 	ND
	362	 	5
	 	R-362-01	 	3620 North Lewis Avenue	 	Sioux Falls	 	SD
	366	 	5
	 	R-366-03	 	#48 Industrial Park Drive	 	Hollister	 	MO
	367	 	5
	 	R-367-02	 	174 Kenworth boulevard	 	Jackson	 	TN
	369	 	5
	 	R-369-02	 	31st St & Haskell Ave	 	Lawrence	 	KS
	370	 	4
	 	R-370-02	 	900 Basin Rd	 	New Castle	 	DE
	371	 	4
	 	R-371-02	 	1209 Marshall Avenue	 	Lancaster	 	PA
	372	 	4
	 	R-372-01	 	28587 Sussex Highway	 	Laurel	 	DE
	374	 	4
	 	R-374-01	 	8200 Cryden Way	 	Forestville	 	MD
	376	 	3
	 	R-376-02	 	392 North Expressway	 	Griffin	 	GA
	377	 	3
	 	R-377-01	 	16300 U.S. Highway 80 West	 	Statesboro	 	GA
	378	 	8
	 	R-378-01	 	530 South 4th Street	 	Danville	 	KY
	378	 	8
	 	R-378-02	 	528 S. 4th Street	 	Danville	 	KY
	380	 	8
	 	R-380-01	 	6270 N. Dixie Highway	 	Elizabethtown	 	KY
	381	 	8
	 	R-381-01	 	65 Sulphur Springs Rd.	 	Lebanon	 	KY
	382	 	4
	 	R-382-02	 	947 Route 22 East	 	Duncansville	 	PA
	383	 	4
	 	R-383-01	 	3883 Sweeten Creek Road	 	Arden	 	NC
	388	 	8
	 	R-388-02	 	970 Lovers Lane	 	Bowling Green	 	KY
	390	 	6
	 	R-390-02	 	115 E. Baseline Road (lot lease)	 	Gilbert	 	AZ
	390	 	6
	 	R-390-01	 	215 E. Baseline Road	 	Gilbert	 	AZ
	391	 	6
	 	R-391-01	 	1770 W. Prince Road	 	Tucson	 	AZ
	392	 	6
	 	R-392-01	 	3461 East Deuce of Clubs	 	Show Low	 	AZ
	393	 	6
	 	R-393-01	 	2224 NW Grand Avenue	 	Phoenix	 	AZ
	394	 	6
	 	R-394-01	 	648 East Fry Blvd.	 	Sierra Vista	 	AZ
	395	 	6
	 	R-395-02	 	1060 E. Highway 70	 	Safford	 	AZ
	396	 	6
	 	R-396-02	 	2020 US Highway 60	 	Globe	 	AZ
	397	 	6
	 	R-397-01	 	2323 West Hwy. 66	 	Gallup	 	NM
	398	 	6
	 	R-398-02	 	181 S. Browning Parkway	 	Farmington	 	NM
	399	 	6
	 	R-399-01	 	21445 North 27th Ave.	 	Phoenix	 	AZ
	400	 	6
	 	R-400-01	 	814 N Santa Fe Ave.	 	Pueblo	 	CO
	401	 	6
	 	R-401-01	 	2251 Downhill Drive	 	Steamboat Springs	 	CO
	402	 	6
	 	R-402-02	 	6921 East Cave Creek Road	 	Cave Creek	 	AZ
	403	 	6
	 	R-403-02	 	Lots C-5 & C6 Del Camino Rd.	 	Santa Fe	 	NM
	403	 	6
	 	R-403-01	 	2707 Cerrillos	 	Santa Fe	 	NM
	404	 	6
	 	R-404-01	 	125 8th Ave.	 	Greeley	 	CO
	405	 	6
	 	R-405-02	 	1437 Hwy 70 West	 	Alamogordo	 	NM

14

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	408	 	6
	 	R-408-01	 	18810 Longs Way	 	Parker	 	CO
	409	 	6
	 	R-409-01	 	1045 Chambers Ave. Lot C-11	 	Eagle	 	CO
	410	 	6
	 	R-410-01	 	709 West Lincolnway	 	Cheyenne	 	WY
	411	 	6
	 	R-411-01	 	11039 N. Cave Creek Road	 	Phoenix	 	AZ
	412	 	6
	 	R-412-02	 	6363 E. 2nd Street	 	Prescott Valley	 	AZ
	413	 	6
	 	R-413-01	 	1429 North Pinal Avenue	 	Casa Grande	 	AZ
	414	 	6
	 	R-414-01	 	2372 E. Main Street	 	Montrose	 	CO
	415	 	6
	 	R-415-02	 	0112 Summit County Road #450	 	Breckenridge	 	CO
	415	 	6
	 	R-415-01	 	116 Country Road 450 (lot lease)	 	Breckenridge	 	CO
	416	 	6
	 	R-416-01	 	249 Adams Avenue	 	Silverthorne	 	CO
	418	 	6
	 	R-418-02	 	955 Valley St	 	Colorado Springs	 	CO
	419	 	6
	 	R-419-01	 	900 S. Sunset Road	 	Longmont	 	CO
	420	 	6
	 	R-420-01	 	650 S. 11th Street	 	Gunnison	 	CO
	421	 	4
	 	R-421-01	 	1000 Halstead Boulevard	 	Elizabeth City	 	NC
	422	 	5
	 	R-422-01	 	2120 E. 4th Street	 	North Platte	 	NE
	423	 	5
	 	R-423-01	 	915 Enoch Lane	 	Manhattan	 	KS
	424	 	5
	 	R-424-02	 	U.S. Highway 60 / 3525 Park Avenue	 	Peducah	 	KY
	426	 	3
	 	R-426-01	 	725 S.E. Monterey Road	 	Stuart	 	FL
	426	 	3
	 	R-426-02	 	705 S.E. Monterey Road	 	Stuart	 	FL
	427	 	4
	 	R-427-01	 	1090 & 1094 Mantua Pike, Rt 45	 	Wenonah	 	NJ
	429	 	8
	 	R-429-01	 	5809 Highway 8 West	 	Rhinelander	 	WI
	431	 	4
	 	R-431-01	 	2402 Highway 72/221 E. Brickyard Rd.	 	Greenwood	 	SC
	432	 	8
	 	R-432-02	 	800 Boone Station Rd	 	Johnson City	 	TN
	434	 	8
	 	 	 	I S G Indiana Harbor Inc - On-site
facility at LTV Steel	 	East Chicago	 	IN
	435	 	6
	 	R-435-02	 	3380 St. Rose Parkway	 	Henderson	 	NV
	437	 	6
	 	R-437-01	 	3685 South Winchester Road	 	Apache Junction	 	AZ
	438	 	7
	 	R-438-01	 	307 Industrial Park Rd.	 	Starkville	 	MS
	438	 	7
	 	R-438-02	 	Highway 25 Bypass at Reed Road	 	Starkville	 	MS
	439	 	6
	 	R-439-01	 	3233 Cy Avenue	 	Casper	 	WY
	442	 	4
	 	R-442-01	 	9801 Nokesville Road (Showroom)	 	Manassas	 	VA
	443	 	4
	 	R-443-02	 	4616 Lassen Lane	 	Fredericksburg	 	VA
	444	 	4
	 	R-444-01	 	1961 S. Loudoun Street	 	Winchester	 	VA
	446	 	4
	 	R-446-01	 	1308 Horner Road	 	Woodbridge	 	VA
	447	 	4
	 	R-447-01	 	2413 London Bridge Road	 	Virginia Beach	 	VA
	447	 	4
	 	R-447-02	 	Lot 28 @ Squadron Court & Taylor Farm Road	 	Virginia Beach	 	VA
	448	 	7
	 	 	 	2200 Old Spanish Trail - On-site
facility located at Conoco	 	Westlake	 	LA

15

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	449	 	4
	 	R-449-01	 	249 E. Shirley Avenue	 	Warrenton	 	VA
	451	 	3
	 	R-451-02	 	1026 South Memorial Drive	 	Prattville	 	AL
	452	 	7
	 	 	 	Ppg - 1300 Ppg Drive - On-site facility located at PPF	 	Westlake	 	LA
	454	 	4
	 	R-454-03	 	161 Charles Street	 	Harrisonburg	 	VA
	456	 	1
	 	R-456-01	 	210 N. Wood Drive	 	Camarillo	 	CA
	457	 	4
	 	R-457-01	 	1400 Bluff Road	 	Columbia	 	SC
	458	 	4
	 	R-458-02	 	13710 Booker T. Washington Highway	 	Moneta	 	VA
	459	 	4
	 	R-459-02	 	181 Oak Carriage Dr.	 	Lewisburg	 	WV
	460	 	4
	 	R-460-01	 	319 Oakvale Road	 	Princeton	 	WV
	462	 	4
	 	R-462-03	 	309 North Eisenhower Drive	 	Beckley	 	WV
	462	 	4
	 	R-462-01	 	309 North Eisenhower Drive	 	Beckley	 	WV
	462	 	4
	 	R-462-02	 	307 N Eisenhower Dr (Lots 2 & 3)	 	Beckley	 	WV
	463	 	4
	 	R-463-02	 	315 West Main Street	 	Charlottesville	 	VA
	463	 	4
	 	R-463-03	 	Meade Street - lease out for signing	 	Charlottesville	 	VA
	464	 	4
	 	R-464-03	 	2787 Simmons Drive	 	Cloverdale	 	VA
	465	 	4
	 	R-465-01	 	6710-6720 Everglades Drive	 	Richmond	 	VA
	465	 	4
	 	R-465-02	 	6725 Atmore Drive - Adjacent lot	 	Richmond	 	VA
	466	 	4
	 	R-466-01	 	8405 Brook Road	 	Glen Allen	 	VA
	466	 	4
	 	R-466-02	 	8401 Brook Road	 	Glen Allen	 	VA
	472	 	4
	 	R-472-05	 	3022 Griffith St	 	Charlotte	 	NC
	473	 	4
	 	R-473-01	 	105 Swing Road	 	Greensboro	 	NC
	474	 	4
	 	R-474-01	 	5600 Chapel Hill Road	 	Raleigh	 	NC
	475	 	8
	 	R-475-02	 	4311 North Mayflower Road	 	South Bend	 	IN
	476	 	4
	 	R-476-01	 	1000 Woodruff Road	 	Greenville	 	SC
	477	 	4
	 	R-477-01	 	2841 Azalea Drive	 	Charleston	 	SC
	478	 	4
	 	R-478-02	 	910 Riverview Road	 	Rock Hill	 	SC
	479	 	4
	 	R-479-01	 	1020 N. Front Street	 	Wilmington	 	NC
	480	 	4
	 	R-480-02	 	141 Sweeten Creek Road	 	Asheville	 	NC
	482	 	3
	 	R-482-02	 	1000 Chatham Parkway North	 	Savannah	 	GA
	485	 	8
	 	R-485-01	 	1830 Foreman Drive	 	Cookeville	 	TN
	486	 	3
	 	R-486-01	 	229 Hurricane Shoals Road	 	Lawrenceville	 	GA
	487	 	3
	 	R-487-02	 	1950 Guffin Lane	 	Marietta	 	GA
	489	 	1
	 	R-489-01	 	7920 N.E. St. Johns Rd.	 	Vancouver	 	WA
	489	 	1
	 	R-489-02	 	7920 NE St. Johns Rd - (Lot Lease)	 	Vancouver	 	WA
	490	 	5
	 	R-490-02	 	4016 Highway Boulevard	 	Spencer	 	IA
	493	 	8
	 	R-493-01	 	1006 S. Division Avenue	 	Grand Rapids	 	MI
	493	 	8
	 	R-493-02	 	5135 68th Street SE	 	Grand Rapids	 	MI
	494	 	4
	 	R-494-01	 	229 Center Street	 	Jacksonville	 	NC

16

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	495	 	2
	 	R-495-02	 	32000 SH #249	 	Pinehurst	 	TX
	497	 	3
	 	R-497-01	 	1008 Commercial St	 	Brunswick	 	GA
	500	 	1
	 	R-500-01	 	5800 Armada Drive, #210	 	Carlsbad	 	CA
	501	 	5
	 	R-501-01	 	1500 S. Broadway	 	Salina	 	KS
	502	 	6
	 	R-502-01	 	1450 Coffeen Avenue	 	Sheridan	 	WY
	505	 	1
	 	R-505-02	 	520 E. LaCadena Drive	 	Riverside	 	CA
	506	 	1
	 	R-506-01	 	4117 Rosedale Highway	 	Bakersfield	 	CA
	508	 	1
	 	R-508-01	 	2900 E. Spring Street	 	Long Beach	 	CA
	511	 	1
	 	R-511-02	 	28377 Felix Valdez Avenue	 	Temecula	 	CA
	512	 	1
	 	R-512-01	 	220 North Johnson Avenue	 	El Cajon	 	CA
	513	 	1
	 	R-513-01	 	1000 S. Grand Avenue	 	Santa Ana	 	CA
	521	 	6
	 	R-521-01	 	5300 E. Railhead Avenue	 	Flagstaff	 	AZ
	521	 	6
	 	R-521-02	 	Huntington Drive	 	Flagstaff	 	AZ
	523	 	6
	 	R-523-01	 	2900 Highway #95	 	Bullhead City	 	AZ
	523	 	6
	 	R-523-02	 	Silvercreek Road	 	Bullhead City	 	AZ
	524	 	6
	 	R-524-02	 	1968 Acoma Boulevard	 	Lake Havasu City	 	AZ
	527	 	6
	 	R-527-01	 	2720 E 16th Street (Hwy 95)	 	Yuma	 	AZ
	528	 	6
	 	R-528-01	 	2781 W. 2100 South	 	West Valley City	 	UT
	550	 	1
	 	R-550-01	 	2177 Jerrold Avenue	 	San Francisco	 	CA
	552	 	1
	 	R-552-01	 	2150 O'Toole Avenue	 	San Jose	 	CA
	554	 	1
	 	R-554-01	 	4635 Power Inn Road	 	Sacramento	 	CA
	555	 	1
	 	R-555-02	 	3333 South Highway 99	 	Stockton	 	CA
	556	 	1
	 	R-556-02	 	4030 Pacheco Boulevard	 	Martinez	 	CA
	557	 	1
	 	R-557-01	 	8001 Oakport Street	 	Oakland	 	CA
	558	 	4
	 	R-558-01	 	1049 S. McCord Road	 	Holland	 	OH
	559	 	1
	 	R-559-01	 	501 South Main	 	Ellensburg	 	WA
	560	 	1
	 	R-560-01	 	1210 W. Broadway	 	Moses Lake	 	WA
	561	 	1
	 	R-561-01	 	2302 East "Q" Street	 	Tacoma	 	WA
	562	 	1
	 	R-562-02	 	2810 Highland Avenue	 	Everett	 	WA
	563	 	1
	 	R-563-01	 	9045 Willows Road	 	Redmond	 	WA
	565	 	1
	 	R-565-01	 	5421 1st Avenue South	 	Seattle	 	WA
	565	 	1
	 	R-565-03	 	S. Dawson St. (lot lease)	 	Seattle	 	WA
	566	 	1
	 	R-566-01	 	1301 East College Way	 	Mt Vernon	 	WA
	569	 	1
	 	R-569-02	 	1385 SE Amber Road	 	Clackamus	 	OR
	570	 	1
	 	R-570-01	 	61530 S. Highway 97	 	Bend	 	OR
	572	 	1
	 	R-572-01	 	2333 S. Hwy 97	 	Redmond	 	OR
	573	 	1
	 	R-573-01	 	2661 N.W. Stephens Street	 	Roseburg	 	OR
	575	 	1
	 	R-575-01	 	915 E. Elm Avenue	 	Hermiston	 	OR

17

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	578	 	1
	 	R-578-01	 	1819 Highway 101 South	 	Coos Bay	 	OR
	579	 	1
	 	R-579-01	 	3344 Washburn Way	 	Klamath Falls	 	OR
	581	 	1
	 	R-581-01	 	2100 Hwy 99N	 	Eugene	 	OR
	583	 	1
	 	R-583-01	 	3092 Silverton Road	 	Salem	 	OR
	601	 	9
	 	R-601-03	 	705 Laval Crescent	 	Kamloops	 	BC
	602	 	9
	 	R-602-01	 	2230-9th Avenue	 	Medicine Hat	 	AB
	604	 	9
	 	R-604-01	 	1405 33 Street N.	 	Lethbridge	 	AB
	605	 	9
	 	R-605-01	 	5114 62nd Street	 	Lloydminster	 	AB
	605	 	9
	 	R-605-02	 	6205 51st Avenue (lot lease)	 	Lloydminster	 	AB
	608	 	9
	 	R-608-01	 	1905 Merivale Rd.	 	Nepean	 	ON
	609	 	9
	 	R-609-02	 	47 Cardico Drive, Unit 2	 	Gormley	 	ON
	613	 	3
	 	R-613-01	 	3110 Winter Lake Road	 	Lakeland	 	FL
	614	 	3
	 	R-614-01	 	3635 Hwy. 98 N.	 	Lakeland	 	FL
	616	 	3
	 	R-616-01	 	5907 E. Adamo Drive	 	Tampa	 	FL
	617	 	3
	 	R-617-01	 	1835 N. Washington Blvd.(Hwy301)	 	Sarasota	 	FL
	618	 	3
	 	R-618-02	 	907 East Canal Street	 	Mulberry	 	FL
	620	 	4
	 	R-620-02	 	200 S. LaSalle Street	 	Durham	 	NC
	622	 	3
	 	R-622-02	 	4201 L.B. McLeod	 	Orlando	 	FL
	623	 	3
	 	R-623-02	 	10230 Logan Cline Drive	 	Gulfport	 	MS
	624	 	9
	 	R-624-01	 	850 High St	 	Moose Jaw	 	SK
	627	 	4
	 	R-627-01	 	723 Hwy. 29 North	 	Concord	 	NC
	629	 	4
	 	R-629-01	 	602 Copeland Drive	 	Hampton	 	VA
	630	 	3
	 	R-630-01	 	2613 Orlando Drive	 	Sanford	 	FL
	631	 	4
	 	R-631-01	 	6133 Murchison Road	 	Fayetteville	 	NC
	631	 	4
	 	R-631-02	 	4301 Murchison Road	 	Fayetteville	 	NC
	633	 	4
	 	R-633-01	 	342 & 344 Plaza Drive, Hwy 150	 	Mooresville	 	NC
	633	 	4
	 	R-633-02	 	505 East Plaza Drive	 	Mooresville	 	NC
	635	 	9
	 	R-635-01	 	1375 Vernon Drive	 	Vancouver	 	BC
	641	 	3
	 	R-641-02	 	100 Weber Ave & Hwy 44	 	Leesburg	 	FL
	642	 	3
	 	R-642-02	 	2850 W. State Road 520	 	Cocoa	 	FL
	644	 	3
	 	R-644-01	 	355 5th Street SW	 	Winter Haven	 	FL
	650	 	2
	 	R-650-01	 	12997 North Freeway	 	Ft Worth	 	TX
	651	 	2
	 	R-651-01	 	300 Lynbrook Boulevard	 	Shreveport	 	LA
	653	 	2
	 	R-653-01	 	737 East Main	 	Lewisville	 	TX
	654	 	2
	 	R-654-03	 	2728 Westmoreland	 	Dallas	 	TX
	655	 	2
	 	R-655-01	 	6931 Woodway Drive - bldg #3	 	Waco	 	TX
	656	 	7
	 	R-656-02	 	58020 Industrial Boulevard	 	Plaquemine	 	LA
	657	 	7
	 	R-657-02	 	2235 Highway 70	 	Donaldsonville	 	LA

18

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	659	 	2
	 	R-659-01	 	1766 S. Treadaway	 	Abilene	 	TX
	660	 	2
	 	R-660-03	 	3301 North Garnett Road	 	Tulsa	 	OK
	662	 	2
	 	R-662-02	 	2420 Lee Boulevard	 	Lawton	 	OK
	664	 	2
	 	R-664-02	 	3595 FM 1960 West	 	Humble	 	TX
	666	 	7
	 	R-666-03	 	6952 & 6958 Airline Highway	 	Baton Rouge	 	LA
	668	 	7
	 	R-668-01	 	1444 W. Bank Expressway	 	Westwego	 	LA
	668	 	7
	 	R-668-02	 	1446 W. Bank Expressway	 	Westwego	 	LA
	669	 	2
	 	R-669-02	 	2809 West Kinglsey Road	 	Garland	 	TX
	670	 	6
	 	R-670-01	 	6914 Gateway East	 	El Paso	 	TX
	672	 	7
	 	R-672-01	 	11580 Chef Menteur Highway	 	New Orleans	 	LA
	673	 	2
	 	R-673-01	 	320 North Highway 67	 	Midlothian	 	TX
	676	 	2
	 	R-676-01	 	3101 South Prospect	 	Oklahoma City	 	OK
	677	 	2
	 	R-677-01	 	10300 I.H. 35 North	 	Austin	 	TX
	681	 	2
	 	R-681-02	 	East Ben 4811a/k/Chapman Lane a 3536 White	 	Austin	 	TX
	682	 	4
	 	R-682-01	 	3560 Young Place	 	Lynchburg	 	VA
	683	 	4
	 	R-683-01	 	944 Manifold Rd	 	Washington	 	PA
	684	 	1
	 	R-684-01	 	19091 Hwy #33 - On-Site Trailer at AERA Energy	 	McKittrick	 	CA
	686	 	1
	 	R-686-01	 	421 S. Wenatchee Blvd.	 	Wenatchee	 	WA
	687	 	1
	 	R-687-02	 	5414 South Peach Avenue	 	Fresno	 	CA
	688	 	5
	 	R-688-01	 	c/o Shell Oil-Purchasing Warehouse, Rt. 111 - On-site	 	 	 	 
	 	 	 
	 	 	 	facility at Shell Oil	 	Roxana	 	IL
	689	 	2
	 	R-689-02	 	1533 N. McDonald	 	McKinney	 	TX
	691	 	2
	 	R-691-01	 	5120 Wurzbach Road	 	San Antonio	 	TX
	692	 	2
	 	R-692-03	 	5333 E. Houston	 	San Antonio	 	TX
	692	 	2
	 	R-692-02	 	5333 E. Houston (lot lease)	 	San Antonio	 	TX
	694	 	3
	 	R-694-03	 	4226 Halls Mill Road	 	Mobile	 	AL
	694	 	3
	 	R-694-02	 	4226 Halls Mill Road - Small yard
and shed adjacent to store	 	Mobile	 	AL
	697	 	7
	 	 	 	1008 E. Ashley Wilson Road - On-site facility at Sweeny	 	Sweeny	 	TX
	703	 	3
	 	R-703-02	 	7907 Baseline Court	 	Tampa	 	FL
	704	 	3
	 	R-704-02	 	327 Thorpe Road	 	Orlando	 	FL
	706	 	3
	 	R-706-02	 	5260 Truman Drive	 	Decatur	 	GA
	707	 	3
	 	R-707-01	 	4111 Pinson Valley Parkway	 	Birmingham	 	AL
	708	 	8
	 	R-708-01	 	4300 Muhlhauser Road	 	Fairfield	 	OH
	709	 	2
	 	R-709-03	 	2201 Tin Top Road, #400	 	Weatherford	 	TX
	710	 	8
	 	 	 	3210 Watling Street - On-site facility -	 	East Chicago	 	IN
	712	 	1
	 	R-712-02	 	8450 Haddon Avenue	 	Sun Valley	 	CA

19

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	713	 	5
	 	R-713-01	 	1790 Radisson Road NE	 	Blaine	 	MN
	714	 	2
	 	 	 	1000 South Pine - On-site facility at Conoco	 	Ponca City	 	OK
	716	 	7
	 	R-716-03	 	913 Chippewa Street	 	Baton Rouge	 	LA
	717	 	9
	 	R-717-01	 	396 McGregor Road, Unit A	 	Sarnia	 	ON
	721	 	2
	 	R-721-02	 	11003 Bissonnet	 	Houston	 	TX
	721	 	2
	 	R-721-03	 	2735 FM 2218	 	Rosenberg	 	TX
	724	 	9
	 	 	 	275 Macalpine Crescent - On-site facility.	 	Ft. McMurray	 	AB
	726	 	2
	 	R-726-02	 	2510 S. Main Street	 	Stafford	 	TX
	727	 	2
	 	R-727-02	 	12245 Veterans Memorial Pkwy	 	Houston	 	TX
	727	 	2
	 	R-727-03	 	Sprayberry Lane	 	Conroe	 	TX
	730	 	8
	 	R-730-01	 	3485 Roger E. Schupp Street	 	Louisville	 	KY
	731	 	8
	 	R-731-02	 	4828 Constellation Avenue	 	Evansville	 	IN
	733	 	8
	 	R-733-04	 	3660 Interchange Road	 	Columbus	 	OH
	734	 	8
	 	R-734-02	 	1677 Jaggie Fox Way	 	Lexington	 	KY
	735	 	8
	 	R-735-02	 	5773 Executive Boulevard	 	Huber Heights	 	OH
	736	 	8
	 	R-736-02	 	3805 S. Harding Street	 	Indianapolis	 	IN
	739	 	8
	 	R-739-02	 	1255 Bridgestone Parkway	 	LaVergne	 	TN
	740	 	4
	 	R-740-01	 	10840 Metromont Parkway	 	Charlotte	 	NC
	741	 	4
	 	R-741-01	 	4320 New Bern Avenue	 	Raleigh	 	NC
	744	 	4
	 	R-744-01	 	3501 Business Center Drive	 	Chesapeake	 	VA
	747	 	5
	 	R-747-01	 	1326 S. Bishop Avenue	 	Rolla	 	MO
	749	 	2
	 	R-749-01	 	3925 N. Cage Boulevard	 	Pharr	 	TX
	750	 	2
	 	R-750-01	 	1200 West Business 77	 	San Benito	 	TX
	751	 	2
	 	R-751-02	 	15210 FM 529 at Highway 6	 	Houston	 	TX
	752	 	7
	 	R-752-02	 	4225 College Street	 	Beaumont	 	TX
	754	 	2
	 	R-754-02	 	17700 Highway 3	 	Webster	 	TX
	755	 	2
	 	R-755-02	 	4900 E. Loop 820 South	 	Ft. Worth	 	TX
	756	 	2
	 	R-756-03	 	2727 Avenue K	 	Plano	 	TX
	757	 	2
	 	R-757-02	 	20202 Park Row	 	Katy	 	TX
	759	 	7
	 	R-759-01	 	824 S. Hwy 35 Bypass	 	Port Lavaca	 	TX
	770	 	2
	 	R-770-02	 	8200 East Freeway	 	Houston	 	TX
	800	 	7
	 	R-800-01	 	2500 W. Airline Highway	 	LaPlace	 	LA
	804	 	7
	 	R-991-02	 	8122 E. Paradise - Storage facility
for Scottsdale corporate	 	Scottsdale	 	AZ
	804	 	7
	 	R-804-02	 	2011 Highway 288	 	Freeport	 	TX
	804	 	7
	 	R-804-03	 	2011 Highway 288	 	Freeport	 	TX
	808	 	7
	 	R-808-02	 	1635 Industrial PK Drive	 	Nederland	 	TX
	815	 	7
	 	R-815-02	 	4002 Texas Avenue	 	Texas City	 	TX

20

 

Schedule 4.8

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Store	 	Region	 	Property	 	 	 	 	 	 	 
	#	 	#	 	ID#	 	Address	 	City	 	State	 
	822	 	8
	 	R-822-01	 	5121 Maryland Way	 	Brentwood	 	TN
	824	 	7
	 	R-824-01	 	Highway 225 - Gate 19 - On-site facility at Shell	 	Deer Park	 	TX
	825	 	7
	 	R-825-03	 	8807 & 8787 Highway 225	 	LaPorte	 	TX
	828	 	7
	 	R-828-01	 	Hwy. 61 - Gate 44 - On-site facility at Shell	 	Norco	 	LA
	829	 	7
	 	R-829-01	 	602 Copper Road - On-site facility at BASF	 	Freeport	 	TX
	832	 	7
	 	R-832-01	 	Bufford St. Gate - On-site facility at Mobile	 	Beaumont	 	TX
	834	 	7
	 	R-834-01	 	P.O. Box 651 - On-site facility at Rohm & Haas	 	Deer Park	 	TX
	836	 	7
	 	R-836-01	 	8404 River Road - On-site - No Lease Agreement	 	Geismar	 	LA
	973	 	4
	 	R-973-00	 	500-C Clanton Rd	 	Charlotte	 	NC
	976	 	5
	 	R-976-01	 	3200 Harvor Lane	 	Plymouth	 	MN
	981	 	2
	 	R-981-04	 	16225 Park Ten Place - 200	 	Houston	 	TX
	981	 	2
	 	R-981-10	 	16225 Park Ten Place-110	 	Houston	 	TX
	983	 	2
	 	R-983-02	 	20150 Park Row, Unit #186 - Storage
facility for corporate office	 	Katy	 	TX
	TBD	 	1
	 	TBD	 	W. Clearwater Avenue	 	Kennewick	 	WA
	TBD	 	4
	 	TBD	 	43461 Old Ox Road	 	Sterling	 	VA
	TBD	 	1
	 	TBD	 	Cabazon Avenue	 	Indio	 	CA
	386	 	4
	 	TBD	 	100 Liberty Lane	 	Chalfont	 	PA
	TBD	 	9
	 	TBD	 	5888 Shawson Drive - lease out for signature	 	Mississauga	 	ON
	TBD	 	7
	 	TBD	 	6311 Harborside Drive - lease out for signature	 	Galveston	 	TX

21

 

Schedule 4.9

to Credit Agreement

Schedule 4.9: Intellectual Property Claims

	1.	 	Certain agreements with third parties require the consent of the other
party to a change of ownership. In addition, unless RSC obtains a waiver,
its development license agreement with Wynne Systems, Inc. to implement
proprietary changes to our enterprise resource management software system
can be terminated on six month’s notice as a result of the change in
ownership. If RSC fails to obtain any required consent or waiver, the
applicable third parties, including Wynne Systems, Inc. could seek to
terminate their agreements with RSC, and, as a result, RSC’s ability to
conduct its business could be impaired until RSC is able to enter into
replacement agreements, which could result in a Material Adverse Effect on
RSC’s results of operations or financial condition; provided, for the
avoidance of doubt, that as of the Closing Date RSC believes no claim
arising from failure to obtain such a consent or waiver from Wynn Systems,
Inc. (i) has been filed or (ii) would result in a Material Adverse Effect.

22

 

Schedule 4.16

to Credit Agreement

Schedule 4.16:
Subsidiaries

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Subsidiary’s	 	 	 	#of	 	Total	 	 	 	 
	 	 	Jurisdiction	 	DIrect Equity	 	Shares	 	Shares	 	Ownership	 	Pledged
	Subsidiary	 	of Formation	 	Holder	 	Owned	 	Outstanding	 	Interest	 	(Y/N)
	RSC Holdings III, LLC

	 	Delaware
	 	RSC Holdings II, LLC
	 	 	N/A	 	 	 	N/A	 	 	 	100	%	 	Y
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	Arizona
	 	RSC Holdings III, LLC
	 	 	1000	 	 	 	1000	 	 	 	100	%	 	Y
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service

	 	Alberta,
	 	Rental Service
	 	 	1100	 	 	 	1100	 	 	 	100	%	 	Y
	Corporation of Canada
Ltd.

	 	Canada
	 	Corporation	 	 	 	 	 	 	 	 	 	 	 	 	 	 

23

 

Schedule 4.24

to Credit Agreement

Schedule 4.24: Insurance

	 	 	 	 	 	 	 	 	 	 	 
	Line of Coverage	 	Policy Number	 	Carrier	 	Effective
Date	 	Limits	 	Deductible
	Boiler and Machinery
	 	BM-21-7615A059-TIL-06	 	Travelers 	 	6/1/2006-6/1/2007	 	$50,000,000 pd/bi BHMT	 	$5,000
	 
	 	 	 	Property	 	 	 	& Drilling Solutions	 	 
	 
	 	 	 	 	 	 	 	$25,000,000 pd/bi RSC	 	 
	 
	 	 	 	 	 	 	 	$100,000,000 pd - all	 	 
	 
	 	 	 	 	 	 	 	others,	 	 
	 
	 	 	 	 	 	 	 	$100,000 bi - all others	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WC7-631-004250-036	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	ELl-631-004250-266	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WA7-63D-004250-016	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-026	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	$2,000,000	 	$1,500,000 (per accident)
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WA7-63D-004250-186 RSC is the Insured	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-166 RSC is the Insured	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	$2,000,000	 	$1,500,000 (per accident)
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WC7-631-004250-196	 	Liberty Mutual	 	5/1/2006-5/1/2007	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Property
	 	YU2-631-004250-115	 	Liberty Mutual	 	6/1/2005-6/1/2006	 	$125,000,000	 	$13,705
	 
	 	 	 	 	 	 	 	 	 	 
	Boiler & Machinery
	 	BM-21-7615A059-TIL-05	 	Travelers	 	6/1/2005-6/1/2006	 	$50,000,000 pd/bi BHMT & Drilling Solutions	 	$5,000
	 
	 	 	 	 	 	 	 	$25,000,000 pd/bi	 	 
	 
	 	 	 	 	 	 	 	RSC $100,000,000	 	 
	 
	 	 	 	 	 	 	 	pd-all others,	 	 
	 
	 	 	 	 	 	 	 	$100,000 bi - all others	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-025	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	$2,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WC7-631-004250-195	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WA7-63D-004250-185	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WA7-63D-004250-015	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000

24

 

Schedule 4.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Line of Coverage	 	Policy Number	 	Carrier	 	Effective Date	 	Limits	 	Deductible
	Workers Compensation & Employers Liability
	 	WC7-631-004250-035	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-165	 	Liberty Mutual	 	5/1/2005-5/1/2006	 	$2,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Property
	 	MCC-631-004250-114	 	Employers Ins. Co. of Wausau	 	5/1/2004-5/1/2005	 	$125,000,000	 	$13,705
	 
	 	 	 	 	 	 	 	 	 	 
	Boiler & Machinery
	 	BM-21-7615A059-TIL-04	 	Travelers	 	5/1/2004-5/1/2005	 	$100,000,000 pd/bi METCO	 	$10,000
	 
	 	 	 	 	 	 	 	$25,000,000 pd/bi RSC	 	 
	 
	 	 	 	 	 	 	 	$50,000,000 pd/bi BHMT &	 	 
	 
	 	 	 	 	 	 	 	DS $100,000,000 pd - all	 	 
	 
	 	 	 	 	 	 	 	others,	 	 
	 
	 	 	 	 	 	 	 	$100,000 bi - all others	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-164	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	$5,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WA7-63D-004250-014	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employers Liability
	 	WA7-63D-004250-184	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-024	 	Liberty Mutual	 	5/1/2004-5/1/2005	 	$2,000,000	 	$1,500,000
	 
	 	 	 	 	 	 	 	 	 	 
	Mexican Automobile
	 	THA14145	 	Seguros Comercial America	 	5/1/2004-5/1/2005	 	$25,000/$10,000/$10,000	 	Coll. 2% or min $200; comp - 4% or min $400
	 
	 	 	 	 	 	 	 	 	 	 
	Boiler & Machinery
	 	BM-21-7615A053-TIL-03	 	The Travelers Indemnity	 	6/1/2003-6/1/2004	 	$100,000,000 pd/bi
METCO $25,000,000 pd/bi	 	$10,000
	 
	 	 	 	Co of IL	 	 	 	RSC	 	 
	 
	 	 	 	 	 	 	 	$50,000,000 pd/bi BHMT	 	 
	 
	 	 	 	 	 	 	 	& DS	 	 
	 
	 	 	 	 	 	 	 	$100,000,000 pd-all	 	 
	 
	 	 	 	 	 	 	 	others,	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Property
	 	MCC-631-004250-113	 	Employers Ins. Co. of Wausau	 	6/1/2003-6/1/2004	 	$125,000,000	 	$12,500
	 
	 	 	 	 	 	 	 	 	 	 
	General Liability
	 	EB1-631-004250-213	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$1,000,000 per occ. $2,000,000 agg $1,000,000 SIR	 	$1,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation & Employer’s
	 	WC2-631-004250-163	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/ $1,000,000/$1,000,000	 	$500,000
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-163	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$5,000,000	 	$2,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Excess Liability
	 	QI09000657	 	St. Paul	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.
$25,000,000 agg	 	Excess of $75 million
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-00250-173	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$5,000,000	 	$2,000,000

25

 

Schedule 4.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Line of Coverage	 	Policy Number	 	Carrier	 	Effective Date	 	Limits	 	Deductible
	Excess Liability
	 	XCP G21741838	 	ACE American	 	5/1/2003-5/1/2004	 	$25,000,000 per occ. $25,000,000 agg	 	Excess of $50 million
	 
	 	 	 	 	 	 	 	 	 	 
	Excess Liability
	 	AEC 9373737 00	 	American	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.	 	Excess of $25
	 
	 	 	 	Guarantee &	 	 	 	$25,000,000 agg	 	 milion 
	 
	 	 	 	Liability	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-093	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$2,000,000	 	$2,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA2-63D-004250-183	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-033	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-023	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	$2,000,000	 	$2,000,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA2-63D-004250-013	 	Liberty Mutual	 	5/1/2003-5/1/2004	 	Statutory & $1,000,000/	 	$500,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Mexican Auto
	 	THA06494	 	Seguros	 	5/1/2003-5/1/2004	 	$25,000/$80,000/$10,000	 	Coll. 2% or min
	 
	 	 	 	Comercial	 	 	 	 	 	 $200; comp -4% or
	 
	 	 	 	America	 	 	 	 	 	 min $400 
	 
	 	 	 	 	 	 	 	 	 	 
	Commercial Umbrella
	 	BE2860190	 	National Union	 	5/1/2003-5/1/2004	 	$25,000,000 per occ.	 	$10,000
	 
	 	 	 	Fire Ins. Co	 	 	 	$25,000,000 agg	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WA2-63D-004250-012	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-032	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-092	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	$1,000,000	 	$150,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-022	 	Liberty Mutual	 	5/1/2002-5/1/2003	 	$1,000,000	 	$150,000
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-032	 	Liberty	 	5/1/2001-5/1/2002	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Workers Compensation
	 	WC2-631-004250-031	 	Liberty Mutual	 	5/1/2001-5/1/2002	 	Statutory & $1,000,000/	 	$50,000
	& Employer’s
	 	 	 	 	 	 	 	$1,000,000/$1,000,000	 	 
	Liability
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-091	 	Liberty Mutual	 	5/1/2001-5/1/2002	 	$1,000,000	 	$150,000
	 
	 	 	 	 	 	 	 	 	 	 
	Automobile Liability
	 	AS2-631-004250-021	 	Liberty Mutual	 	5/1/2001-5/1/2002	 	$1,000,000	 	$150,000

26

 

 Schedule 4.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	1st Named	 	 	 	Insurance	 	 	 	 	 	 
	Policy #	 	Insured	 	Expiration	 	Program	 	Carrier	 	Limits	 	Deductible
	GL5908357RA

	 	Acme Holdings Inc.
	 	7/1/1996
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF PITTSBURGH
	 	$2M xs $50K
SIR
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	EAP14207766 (NP)

	 	Rental Services Corp.
	 	10/5/1993
	 	RSC
	 	VALIANT INSURANCE COMPANY
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	602NB1278 (NP)

	 	Rental Services Corp.
	 	10/5/1993
	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	502XA2633 (NP)

	 	Rental Services Corp.
	 	10/5/1993
	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CK05502119 (NP)

	 	Rental Services Corp.
	 	12/2/1993
	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CK05502301 (NP)

	 	Rental Services Corp.
	 	2/1/1994
	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CK05502787 (NP)

	 	Rental Services Corp.
	 	10/5/1994
	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CK05503020 (NP)

	 	Rental Services Corp.
	 	6/1/1994
	 	RSC
	 	ST. PAUL INSURANCE COMPANY, THE
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CK05503706 (NP)

	 	Rental Services Corp.
	 	6/1/1995
	 	RSC
	 	ST. PAUL INSURANCE COMPANY, THE
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	86XN25150909 (NP)

	 	Rental Services Corp.
	 	7/1/1997
	 	RSC
	 	TRAVELERS INSURANCE CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	BE932-46-12 (NP)

	 	Rental Services Corp.
	 	7/1/1997
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GL590-83-85 (NP)

	 	Rental Services Corp.
	 	7/1/1997
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	BE932-82-33 (NP)

	 	Rental Services Corp.
	 	1/31/1998
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	7FSJEX271T402 (NP)

	 	Rental Services Corp.
	 	11/31/1998
	 	RSC
	 	TRAVELERS INSURANCE CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	7976-41-68 (NP)

	 	Rental Services Corp.
	 	1/31/1998
	 	RSC
	 	CHUBB GROUP
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GL1465570RA

	 	Rental Services Corp.
	 	11/31/1998
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	$2Mxs $50K SIR
	 	N/A

27

 

Schedule 4.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	1st Named	 	 	 	Insurance	 	 	 	 	 	 
	Policy #	 	Insured	 	Expiration	 	Program	 	Carrier	 	Limits	 	Deductible
	BE3572687

	 	Rental Services Corp.
	 	2/11/999
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	$25M xs $2Mxs
$50K SIR
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GA6087168

	 	Rental Services Corp.
	 	2/1/1999
	 	RSC
	 	GULF INSURANCE CO
	 	$25M xs $25M
xs primary
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	79719400CAS

	 	Rental Services Corp.
	 	2/1/1999
	 	RSC
	 	CHUBB GROUP
	 	$50M xs $50M
xs primary
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GL1466048RA

	 	Rental Services Corp.
	 	2/1/1999
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	$2M xs $50K N
SIR
	 	/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RGMLA 2505672 (NP)

	 	Rental Services Corp.
	 	2/1/1999
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	RMGLA2506735 (NP)

	 	Rental Services Corp.
	 	2/1/2000
	 	RSC
	 	AMERICAN HOME ASSURANCE CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	BE3577613

	 	Rental Services Corp,
	 	2/1/2000
	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	$50M xs $2Mxs
$150K SIR
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	79719400 (NP)

	 	Rental Services Corp.
	 	2/1/2000
	 	RSC
	 	CHUBB GROUP
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0030 (NP)

	 	Rental Services Corp.
	 	5/1/2000
	 	RSC
	 	Industria Insurance Company
Ltd.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0030 (NP)

	 	Rental Services Corp.
	 	5/1/2001
	 	RSC
	 	Industria Insurance Company
Ltd.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	PLS2671978 (NP)

	 	Rental Services Corp.
	 	8/1/2001
	 	RSC
	 	AMERICAN INTERNATIONAL
SPECIALTY LINES INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0030 (NP)

	 	Rental Services Corp.
	 	5/1/2002
	 	RSC
	 	Industria Insurance Company
Ltd.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	PLS267178 (NP)

	 	Rental Services Corp.
	 	12/1/2001
	 	RSC
	 	AMERICAN INTERNATIONAL
SPECIALTY LINES INS CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	990501-0031 (NP)

	 	Rental Services Corp.
	 	5/1/2003
	 	RSC
	 	Industria Insurance Company
Ltd.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	KE1631004250223 (NP)

	 	Rental Services Corp.
	 	5/1/2004
	 	RSC
	 	LIBERTY MUTUAL INSURANCE CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	EBI-631-004250-213
(NP)

	 	Rental Services Corp.
	 	5/1/2004
	 	RSC
	 	LIBERTY MUTUAL INSURANCE CO
	 	N/A
	 	N/A

28

 

Schedule 4.24

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	1st Named	 	 	 	 	 	Insurance	 	 	 	 	 	 
	Policy #	 	Insured	 	Expiration	 	Program	 	Carrier	 	Limits	 	Deductible
	BE2860190 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	NATIONAL UNION FIRE INS CO OF
PITTSBURGH
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	ACEC9373737-00 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ZURICH AMERICAN INS. CO.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	5376693 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	STARR EXCESS LIABILITY INS
INTERNATIONAL LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	01090000657 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ST. PAUL INSURANCE COMPANY, THE
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	XCPG21741838 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ACE AMERICAN INSURANCE CO.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	01744ACE (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	ACE BERMUDA INSURANCE LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	STPBPD145SEU03 (NP)

	 	Rental Services Corp,
	 	 	5/1/2004	 	 	RSC
	 	ST. PAUL (BERMUDA) LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	HIP0200228 (NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	Hanseatic Insurance Company
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RG2-631-004250-203
(NP)

	 	Rental Services Corp.
	 	 	5/1/2004	 	 	RSC
	 	LIBERTY MUTUAL INSURANCE CO
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	ACEC9373737-00 (NP)

	 	Rental Services Corp.
	 	 	5/1/2005	 	 	RSC
	 	ZURICH AMERICAN INS. CO.
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	XCPG21741838 (NP)

	 	Rental Services Corp.
	 	 	5/1/2005	 	 	RSC
	 	ACE EUROPEAN MARKETS INS LTD
	 	N/A
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	GL4570484RA

	 	Rental Services Corp.
	 	 	2/1/2000	 	 	RSC
	 	NATIONAL UNION FIRE INS CO OF PITTSBURGH
	 	$2M xs $150K SIR
	 	N/A
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	EPA14207766 (NP)

	 	Walker Jones Equipme
	 	 	811711992	 	 	RSC
	 	VALIANT INSURANCE COMPANY
	 	$2 mm 
aggl$lmm
	 	N/A
	 

	 	 	 	 	 	 	 	 	 	 	 	“each event	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	(per	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	occurrence)	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	limit”	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	Assumed	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CK05501992

	 	Walker Jones Equipme
	 	 	10/5/1993	 	 	RSC
	 	ST. PAUL FIRE & MARINE INS CO
	 	$2mm aggl$1mm
	 	N/A
	 

	 	 	 	 	 	 	 	 	 	 	 	“each event	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	(per	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	occurrence)	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	limit”	 	 

29

 

Schedule 5.1(e)

to Credit Agreement

Schedule 5.1(e): Closing Date Adjustments to EBITDA

None.

30

 

Schedule 5.1(g)

to Credit Agreement

Schedule 5.1(g): Lien Searches

I. List of all UCC and other filed security interests in the assets of Rental
Service Corporation:

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Fleet Leasing
Corporation
	 	11/20/2000 —
01146941
	 	Specified equipment. (Lease number 14-1597102-000)
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Citicorp Del Lease, Inc.
	 	11/20/2000—
01147412

Continuation:
06/02/2006 —
01147412
	 	All of Debtor’s/Seller’s right, title and
interest in, to and under each Retail Agreement
sold from time to time to Secured Party/Buyer
and all income and proceeds thereof and all
property of whatever kind or nature which
secures such Retail Agreement and all interests
of Debtor/Seller therein.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Fleet Capital Leasing
- Technology Finance
	 	01/19/2001—
01157170
	 	Specified equipment. (Lease number 14 — 1594059-000)
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Fleet Capital Leasing
- Technology Finance
	 	01/19/2001 —
01157171
	 	Specified equipment. (Lease number 14 — 1594059-000)
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	02/16/2001 —
01160126
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.

31

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	02/16/2001 —
01160127
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	02/16/2001 —
01160128
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	IBM Credit
Corporation
	 	03/01/2001 —
01162516

Terminated:
	 	All computer, information processing, and other
peripheral equipment and goods wherever located
(including additions, accessions, upgrades, and
replacements)

32

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	 	 	10/10/2006 —
01162516
	 	referenced on IBM Supplement #907540 dated
12/18/2000.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163624
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163625
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163626
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.

33

 

 Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/05/2001 —
01163627
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/06/2001 —
01163881
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Textron Financial
Corporation
	 	03/06/2001 —
01163882
	 	Specified equipment, all rental proceeds,
therefrom and all attachments, accessories and
replacements thereto, and all proceeds of the
foregoing.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	This Statement is filed in connection with a lease
and is filed for precautionary purposes only.

34

 

 Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service

	 	10/23/2006 — AZ
	 	John Deere
	 	07/13/2001 —
	 	As Amended (04/03/2006):
	Corporation

	 	Secretary of State
	 	Construction
Equipment Co. or
Deere Credit, Inc.

As Amended
(04/04/2006): 
Deere & Company,
Deere Credit, Inc.
and/or John Deere
Construction &
Forestry Company
	 	200111825399

Continuation:
04/03/2006 —
200111825399

Amendment:
04/03/2006 —
200111825399

Amendment:
	 	All of debtor’s present and future goods, including
equipment and inventory, financed or leased by
secured party, together with (1) all attachments,
accessories, components, repairs and improvements,
(2) all accounts, general intangibles, contract
rights and chattel paper relating thereto, and (3)
all proceeds, including, without limitation,
insurance, sale, lease and rental proceeds, and
proceeds of proceeds.
	 

	 	 	 	 	 	04/04/2006 —
200111825399	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	JCB Inc.
	 	10/04/2001 —
200111914933

Continuation:
04/12/2006 —
200111914933
	 	All inventory consisting of new and used equipment,
machines, products, attachments and parts
manufactured or sold by JCB or carrying the JCB name
or identification mark now or hereafter acquired by
the Debtor from JCB and with respect to which the
purchase price, finance charges or any related sums
shall not have been paid in cash (including all
accessions, replacements, additions and substitutions
thereto); all leases, other

35

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	 	 	 	 	chattel paper, accounts, contract rights, general
intangibles, rentals, and other income related
thereto and arising therefrom.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Dell Financial
Services, L.P.
	 	10/24/2001 —
200111941856

Continuation:
	 	All computer equipment and peripherals (collectively
“Equipment”) wherever located heretofore or hereafter
leased to Lessee by Lessor.
	 

	 	 	 	 	 	09/29/2006 —
200111941856	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Young Electric Sign
Company
	 	01/15/2002 —
200212021415
	 	Manufactured signs and accompanying equipment.
	 

	 	 	 	 	 	
Termination:	 	 
	 

	 	 	 	 	 	02/07/2003 -
200212021415	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Allmand Bros., Inc.
	 	01/25/2002 —
200212040656
	 	All unpaid inventory and equipment manufactured by
secured party and/or bearing any trademark or trade
name of Allmand Bros., Inc. and financed by secured
party and which remains unpaid, and all accounts,
contract rights, chattel paper, documents, general
intangibles and instruments arising from such
inventories and equipment; whether now or after
acquired.

36

 

 Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Citicorp Del Lease,
Inc.
	 	01/30/2002 —
200212043626
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Citicorp Del Lease,
Inc.
	 	01/30/2002 —
200212043739
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Deere Credit, Inc.
	 	03/01/2002 —
200212076465

Termination
(filed twice):
	 	Inventory of Debtor financed or leased by Secured
Party and its assigns now owned or existing, or
hereafter arising or acquired by Debtor.
	 

	 	 	 	 	 	06/23/2006 —
200212076465	 	 
	 

	 	 	 	 	 	
06/26/2006 —
200212076465	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	John Deere
Construction and
Forestry Company
	 	03/01/2002 —
200212076501
	 	Inventory of Debtor financed or leased by Secured
Party and its assigns now owned or existing, or
hereafter arising or acquired by Debtor.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	E-Z- O Division of
Textron
	 	11/25/2002-
200212423400
	 	All personal property including equipment and
inventory, wherever located, now or hereafter
acquired, manufactured or

37

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	 	 	As amended
(3/17/2003):
Textron Financial
Corporation
	 	Amendment:
03/17/2003 —
200212423400
	 	distributed by Textron Golf, Turf & Specialty
Products, a division of Textron, Inc., all present
and future attachments accessories, replacements,
substitutes and all changes thereto and the proceeds
of the foregoing.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Howell Tractor &
Equipment Co.
	 	01/09/2003 —
200312463886
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Termination:	 	 
	 

	 	 	 	 	 	02/03/2003 —
200312463886	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Information Leasing
Corporation
	 	02/06/2003 —
200312499173
	 	Specified equipment (pursuant to Lease
No.: 395140002).
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Inter- Tel Leasing
Inc.
	 	03/11/2003 —
200312535612
	 	Specified equipment.
	 

	 	 	 	 	 	 	 	This filing is not a security transaction and is only
intended to make the Rental a matter of public
record.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Jim Kidwell
Refrigeration Inc.
	 	06/11/2003 —
200312653739
	 	Specified equipment.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
	 	Bay4 Capital, LLC
	 	10/17/2003 —
	 	Specified equipment.

38

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	Secretary of State
	 	Assigned to
(01/13/2004):
Skandinaviska
	 	200312836525

Assignment:
	 	Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 

	 	 	 	Enskilda Banken
	 	01/13/2004 —
200312836525	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska Enskilda
Banken

Assignor Secured Party:
Bay4 Capital, LLC
	 	10/17/2003 —
200312836536
	 	Specified equipment. 

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Bay4 Capital, LLC

Assigned to
(01/13/2004):
Skandinaviska
Enskilda Banken
	 	11/13/2003 —
200312851728

Assignment:
01/13/2004 —
200312851728
	 	Specified equipment. 

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Bay4 Capital, LLC

Assigned to
(07/06/2004):
Skandinaviska
Enskilda Banken
	 	01/21/2004 —
200412955496

Assignment:
07/06/2004 —
200412955496
	 	Specified equipment. 

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.

39

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/ INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska Enskilda
Banken

Assignor Secured Party:
Bay4 Capital, LLC
	 	01/29/2004 —
200412973501
	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska Enskilda
Banken

Assignor Secured Party:
Bay4 Capital, LLC
	 	03/15/2004 —
200413051859
	 	Specified equipment. 

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Thompson Tractor Co.,
Inc.
	 	03/29/2004 —
200413054852
	 	Specified equipment and proceeds thereof.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Stovall & Co., Inc. 

Additional Secured
Party: A.M.E.D.
	 	03/19/2004 —
200413151236
	 	All inventory and the proceeds therefrom,
manufactured by Brown, Broilmaster, Interlube,
Western Mfg., Handy Industries, Ground — Hog,
Ransomes, Cushman, Ryan, Velke, Trucut, Trenchmaster,
GrassGobbler, Hoffco, Maxim, Encore, and any/all
Jacobsen Products, or other products, now owned or
hereafter acquired from Stovall & Co., d/b/a A.M.E.D.

40

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Bay4 Capital, LLC

Partially Assigned to
(08/20/2004):
	 	06/23/2004 —
200413205913

Partial
Assignment:
	 	All present and future Goods, wherever located,
leased by Bay4 Capital to Atlas Copco North America
Inc. and any Additonal Customers pursuant to the
Master Lease Agreement No. 00228 dated July 16, 2003.
	 

	 	 	 	Skandinaviska
Enskilda Banken
	 	08/20/2004 —
200413205913
	 	Filing is for informational purposes only.

As described in the Partial Assignment (08/20/2004):
	 

	 	 	 	 	 	 	 	Partial Assignment with regard to all of the
equipment and personal property under Lease Schedule
No. 10 to the Master Lease Agreement No. 00228.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	FNF Capital, Inc.
	 	01/18/2005 —
200513503494
	 	Any and all equipment now or hereafter the subject
of any lease agreement or lease schedule by and
between the parties.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Filing is only intended to make the true lease a
matter of public record.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	LES Schwab Warehouse
Center, Inc.
	 	03/01/2005 —
200513563509
	 	All present and future products and goods and
proceeds thereof, purchased by Debtor from Secured
Party or any of its affiliated companies.

41

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	FNF Capital, Inc.
	 	03/29/2005 —
200513581589
	 	Equipment pursuant to Lease Agreement No. ATL112204,
Lease Schedule No. 003.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	FNF Capital, Inc.
	 	03/29/2005 —
200513581590
	 	Equipment pursuant to Lease Agreement No. ATL112204,
Lease Schedule No. 002.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Vermeer Sales &
Service
	 	04/26/2005 —
200513626107
	 	Specified machinery and equipment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Termination:	 	 
	 

	 	 	 	 	 	05/13/2005 —
200513626107	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	National City
Commercial Capital
Corporation
	 	05/27/2005 —
200513666832
	 	Specified equipment. 

Equipment is owned by the Secured Party and leased to
the debtor under Lease No: 395140002R.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska
Enskilda Banken

Assignor Secured
Party: Bay4 Capital,
LLC
	 	09/23/2005 —
200513813182
	 	Specified equipment.

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
	 	Skandinaviska
	 	03/17/2006 —
	 	Specified equipment.

42

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 	 	 
	 	 	REPORT/INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	 

	 	Secretary of State
	 	Enskilda Banken

Assignor Secured
Party: Bay4 Capital,
LLC
	 	 	200614098930	 	 	Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Skandinaviska
Enskilda Banken

Assignor Secured
Party: Bay4 Capital,
LLC
	 	 	03/17/2006 —
200614098941	 	 	Specified equipment. 

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	US Bank N.A. 

Assignor Secured
Party: Kinetic
Leasing, Inc.
	 	 	05/31/2006 —
200614249659	 	 	Specified equipment pursuant to a Master Lease
Agreement. 

Filing is intended to comply with the requirements of
the UCC in the event that it is determined that the
Lease constitutes a security agreement thereunder.
	 
	 	 	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Bay4 Capital, LLC

Assignor Secured
Party:
Skandinaviska
Enskilda Banken
	 	 	06/28/2006 —
200614284367	 	 	Specified equipment. 

Filing is for informational purposes only, pursuant
to a Master Lease Agreement.

43

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/INDEX DATE	 	 	 	UCC DATE FILED/	 	 
	DEBTOR	 	LOCATION	 	UCC - Secured Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	AT&T Capital
Services, Inc.
	 	08/17/2006 —
200614390117
	 	Equipment provided to Lessee under Schedule No.
001 — 4056000 — 001.
	 

	 	 	 	 	 	 	 	Goods described as collateral are subject to a true
lease; filing is a precaution pursuant to UCC section
9 — 505.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Ingersoll — Rand
Company
	 	08/28/2006 —
200614410349
	 	A continuing, purchase money inventory security
interest in and to all equipment purchased by RSC
from Ingersoll- Rand Company and any of its divisions
or subsidiaries to the extent such items of equipment
have not been paid for, whether in the possession of
RSC or rented or leased or otherwise in the hands of
third parties.
	 
	 	 	 	 	 	 	 	 
	Rental Service
Corporation

	 	10/23/2006 — AZ
Secretary of State
	 	Chesapeake
Funding LLC
	 	10/06/2006 -
200614459006
	 	Specified equipment leased pursuant to the Lease
Agreement dated 04/24/2000.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Amendment:
10/25/2006 —
200614459006
	 	Filing is precautionary in connection with a lease. 

As Amended:
	 

	 	 	 	 	 	 	 	Includes additional specified equipment pursuant to
lease.

44

 

Schedule 5.1(g)

to Credit Agreement

II. List of all Tax and Federal Judgment Liens of Rental Service Corporation:

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Alabama*

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Alabama (Middle
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Alabama (Autauga
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Baldwin
County)

	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Calhoun
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Colbert
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Dale
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Elmore
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Etowah
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a

45

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Alabama (Houston
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Jackson
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Jefferson
County — Bessemer
Div.)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Jefferson County
Birmingham Div.)*

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Lee
County)

	 	Clear (10 years through
10/30/06
	 	Clear (10 years through
10/30/06
	 	Clear (10 years through
10/30/06
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Limestone
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Madison
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Marengo
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	1 Judgment Lien -

04/20/98 File No. Book
2-Mech Page 147
	 	n/a

46

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	Verified lien filed by
Auto Beauty Shop of
Alabama, Inc. against a
1998 Ford F Series
owned by Rental Service
Corporation to secure
indebtedness in the
amount of $2,679.31 for
work performed and
materials furnished to
RSC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
11/2/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Alabama (Mobile
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Montgomery
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Morgan County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama (Shelby
County)

	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Talladega
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Alabama
(Tallapoosa
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

47

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Alabama
(Tuscaloosa
county)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona*

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Arizona
(Cochise County)

	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (5 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Coconino
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Gila
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (5 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Graham
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (5 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Maricopa
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (5 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Mohave
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (5 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Navajo
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (5 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Pima
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (5 years through
10/23/06)
	 	n/a

48

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Arizona (Yavapai
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (5 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arizona (Yuma
County)

	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (5 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas*

	 	 	 	Clear (10 years through
11/1/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Arkansas (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Arkansas (Benton
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Craighead
(Eastern
District))

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Craighead
(Western
District))

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Garland County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

49

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Arkansas
(Jefferson
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Mississippi
- Chickasawba
Dist.

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Mississippi
- Osceola District

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Pope County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas (Pulaski
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Sebastian — Fort
Smith District)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Sebastian
- Southern
District)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Arkansas
(Union County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through
10/25/06)

50

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	California
(Central
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	California
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	California
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	California
(Alameda County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Contra
Costa County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Fresno County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Kern County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Los Angeles
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Orange County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a

51

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	California
(Riverside
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Sacramento
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (San
Diego County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (San
Francisco County)

	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (San
Joaquin County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California (Santa
Clara County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	California
(Ventura County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado*

	 	 	 	Clear (10 years through
10/19/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Colorado (Adams
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (6 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado
(Arapahoe County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (6 years through
10/19/06)
	 	n/a

52

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Colorado (Boulder
County)

	 	Clear (10 years through
10/21/06)
	 	Clear (10 years through
10/21/06)
	 	Clear (6 years through
10/21/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Denver
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (6 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Douglas
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (6 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Eagle
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (6 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (El Paso
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (6 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado
(Gunnison County)

	 	Clear (10 years through
10/13/06)
	 	Clear (10 years through
10/13/06)
	 	Clear (6 years through
10/13/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Larimer
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (6 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Mesa
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (6 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado
(Montrose County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (6 years through
10/24/06)
	 	n/a

53

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Colorado (Pueblo
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (6 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Routt
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (6 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Summit
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (6 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Colorado (Weld
County)

	 	Clear (10 years through
10/8/06)
	 	Clear (10 years through
10/8/06)
	 	Clear (6 years through
10/8/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Delaware*

	 	 	 	Clear (10 years through
10/17/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Delaware (New
Castle County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Delaware (Sussex
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida*

	 	 	 	Clear (10 years through
10/06/06)
	 	Clear (10/1/01 -
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Florida (Middle
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Florida (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Florida (Bay
County)

	 	Clear (20 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a

54

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Florida (Brevard
County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Broward
County)

	 	Clear (20 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Columbia
County)

	 	Clear (20 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Duval
County)

	 	Clear (20 years through
10/12/06)
	 	Clear (10 years through
10/12/06)
	 	Clear (10 years through
10/12/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Escambia
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida
(Hillsborough
County)

	 	Clear (20 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Lake
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Lee
County)

	 	Clear (20 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Leon
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

55

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Florida (Martin
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Okaloosa
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Orange
County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Osceola
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Palm
Beach County)

	 	Clear (20 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Pasco
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Pinellas
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Polk
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Saint
Lucie County)

	 	Clear (20 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	1 Judgment Lien -

File No. 2122175
	 	n/a

Clear (10 years through
10/25/06)
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Small Claims Court,
19th Circuit of St.
Lucie, Florida (02- SC-
002203 — Default Final
Judgment	 	 

56

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	entered against RSC in
favor of Freightliner
Trucks of S Florida Inc
in the amount of
$3,677.61 plus court
costs.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/25/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Florida (Sarasota
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Seminole
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Florida (Volusia
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Georgia
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Georgia (Middle
District)

	 	n/a
	 	n/a
	 	n/a
	 	Adversary Proceedings filed
3/29/00 (terminated 05/24/00)
- Scott Stewart Broxson et al.
v. Rental Service Corp. et al.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint NOS 426
Dischargeability 523

57

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	Ordered and adjudged that the
obligations of the plaintiffs to
the defendant is determined
dischargeable in bankruptcy, that
any judgment entered in favor of
the defendant and against the
plaintiffs is determined to have
been in violation of the
automatic stay in bankruptcy.
	 
	 	 	 	 	 	 	 	 
	Georgia (Bulloch
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Chatham
County

	 	Clear (7 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Clarke
County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Clayton
County)

	 	Clear (7 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	Clear (10 years through
10/17/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Cobb
County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Coweta
County)

	 	Clear (7 years through
10/15/06)
	 	Clear (10 years through
10/15/06)
	 	Clear (10 years through
10/15/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Dekalb
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a

58

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Georgia
(Dougherty
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Douglas
County)

	 	Clear (7 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	Georgia (Floyd
County)

	 	Clear (7 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Forsyth
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Glynn
County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Gwinnett
County)

	 	Clear (7 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Houston
County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Lowndes
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Muscogee
County)

	 	Clear (7 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Oconee
County)

	 	Clear (7 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a

59

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Georgia (Peach
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Richmond
County)

	 	Clear (7 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia
(Spalding County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Thomas
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia (Troup
County)

	 	Clear (7 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Georgia
(Whitfield
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa*

	 	 	 	Clear (10 years through
10/19/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Iowa (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Iowa (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Iowa (Black
Hawk County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a

60

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Iowa (Clay
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Clinton
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Des Moines
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Dubuque
County Iowa)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Linn
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Muscatine
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Polk
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Iowa (Story
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois*

	 	 	 	Clear (10 years through
11/1/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Illinois
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through
10/25/06)

61

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Illinois
(Central
District)

	 	n/a
	 	n/a
	 	n/a
	 	Adversary Proceedings filed
8/13/01 (terminated 10/04/01) -
Jumers Castle Lodge Incorporated
v. Rental Service Corporation.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint NOS 454 Recover
Money/Property Filing Fee.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Defendant did not answer or plead
to the complained filed by
plaintiff. Judgment is entered as
follows against defendant:

 1) the
sum of $4,607.30; 

2) post
judgment interest is to accrue on
said award at the rate of 3.44%
per annum.
	 
	 	 	 	 	 	 	 	 
	Illinois (Adams
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Champaign
County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Cook
County)

	 	Clear (20 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (7 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (De Kalb
County)

	 	Clear (20 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (7 years through
11/2/06)
	 	n/a

62

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Illinois (Du Page
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Grundy
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (La
Salle County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Macon
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Madison
County)

	 	Clear (20 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Mclean
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Rock
Island County)

	 	Clear (20 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (7 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois (Saint
Clair County)

	 	Clear (20 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Sangamon County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Tazewell County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (7 years through
11/1/06)
	 	n/a

63

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Illinois (Will
County)

	 	Clear (20 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (7 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Illinois
(Winnebago
County)

	 	Clear (20 years through
9/19/06)
	 	Clear (10 years through
9/19/06)
	 	Clear (7 years through
9/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Indiana (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Indiana (Lake
County)

	 	Clear (10 years through
8/31/06)
	 	Clear (10 years through
8/31/06)
	 	Clear (10 years through
8/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana (Marion
County)

	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana
(Vanderburgh
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Indiana (St.
Joseph County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas*

	 	 	 	Clear (10 years through
10/30/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Kansas (Douglas
County)*

	 	 	 	 	 	 	 	n/a

64

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Kansas (Ellis
County)

	 	Clear (7 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (7 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Ford
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Johnson
County)

	 	Clear (7 years through
10/29/06)
	 	Clear (10 years through
10/29/06)
	 	Clear (7 years through
10/29/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas
(Pottawatomie
County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Riley
County)

	 	Clear (7 years through
11/02/06)
	 	Clear (10 years through
11/02/06)
	 	Clear (7 years through
11/02/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Saline
County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Sedgwick
County)

	 	Clear (7 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (7 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kansas (Seward
County)

	 	Clear (7 years through
11/06/06)
	 	Clear (10 years through
11/06/06)
	 	Clear (7 years through
11/06/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Kentucky (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)

65

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Kentucky (Boyle
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (15 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Fayette
County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (15 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Hardin
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (15 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky
(Jefferson
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (15 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Knox
County)

	 	Clear (10 years through
11/6/06)
	 	Clear (10 years through
11/6/06)
	 	Clear (15 years through
11/6/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky
(Madison County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (15 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Marion
County)

	 	Clear (10 years through
10/29/06)
	 	Clear (10 years through
10/29/06)
	 	Clear (15 years through
10/29/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky
(Mccracken
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (15 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Kentucky (Warren
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (15 years through
11/1/06)
	 	n/a

66

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Kentucky (Whitley
County)

	 	Clear (10 years through
11/6/06)
	 	Clear (10 years through
11/6/06)
	 	Clear (15 years through
11/6/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Middle District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Ascension
Parish)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Caddo Parish)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Calcasieu
Parish)

	 	1 State Tax Lien -

File No. 2558377
	 	Clear (10 years through
10/20/06)
	 	1 Judgment Lien -

File No. 2778375
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	Tax Assessment and Lien
for RSC USA, Inc. in
the amount of $2,497.10
including interest and
penalties computed as
of 9/28/02.

(10 years through
10/20/06)
	 	 	 	Judgment against RSC
(one of many
defendants) in favor of
individual plaintiff
(Tawana Provost) in the
amount of $5,325.80.
excluding interest,
cost, and fees. Another
judgment in same matter
does not apply to RSC.	 	 

67

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	(10 years through
10/20/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Louisiana (East
Baton Rouge
Parish)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Iberville
Parish)

	 	Clear (10 years through
11/02/06)
	 	Clear (10 years through
11/02/06)
	 	Clear (10 years through
11/02/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Jefferson
Parish)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Lafayette
Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Orleans Parish)

	 	Clear (10 years through
7/25/06)
	 	Clear (10 years through
7/25/06)
	 	Clear (10 years through
7/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Rapides Parish)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (Saint
Bernard Parish)

	 	Clear (10 years through
9/16/06)
	 	Clear (10 years through
9/16/06)
	 	Clear (10 years through
9/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (Saint
Charles Parish)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana (Saint
Tammany Parish)

	 	Clear (10 years through
09/19/06)
	 	Clear (10 years through
09/19/06)
	 	Clear (10 years through
09/19/06)
	 	n/a

68

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Louisiana (St.
John The Baptist
Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Terrebonne
Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Louisiana
(Vernon Parish)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Maryland
(Baltimore City)

	 	Clear (12 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (12 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Baltimore
County)

	 	Clear (12 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (12 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Frederick
County)

	 	Clear (12 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (12 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Harford County)

	 	Clear (12 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (12 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland (Prince
Georges County)

	 	Clear (12 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (12 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Maryland
(Washington
County)

	 	Clear (12 years through
11/01/06)
	 	Clear (10 years through
11/01/06)
	 	Clear (12 years through
11/01/06)
	 	n/a

69

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Michigan

	 	Clear (7 years through
10/29/06)
	 	Clear (10 years through
10/29/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Michigan (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Michigan (Kent
County)

	 	Clear (7 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Minnesota (Anoka
County)

	 	Clear (10 years through
9/27/06)
	 	Clear (10 years through
9/27/06)
	 	Clear (10 years through
9/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota (Benton
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota (Dakota
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Hennepin County)

	 	Clear (10 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	Clear (10 years through
10/10/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Olmsted County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Ramsey County)

	 	Clear (10 years through
8/20/06)
	 	Clear (10 years through
8/20/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota (Saint
Louis County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a

70

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Minnesota
(Sherburne
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Stearns County)

	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Minnesota
(Washington
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi*

	 	 	 	Clear (10 years through
10/24/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Mississippi (De
Soto County)

	 	Clear (7 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (7 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Forrest County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Grenada County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a

71

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Mississippi
(Harrison 1st
District)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Harrison 2nd
District)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Hinds
(1st District))

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Hinds (2nd
District))

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Jackson County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lamar County)

	 	Clear (7 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (7 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lauderdale
County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lee County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Lowndes County)

	 	Clear (7 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (7 years through
10/30/06)
	 	n/a

72

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Mississippi
(Madison County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Oktibbeha
County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Rankin County)

	 	Clear (7 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (7 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Mississippi
(Warren County)

	 	Clear (7 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (7 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Missouri
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Missouri (Adair
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Boone
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Buchanan County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a

73

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Missouri (Camden
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Cape
Girardeau County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Cass County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Clay County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Christian
County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Greene County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Jackson County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Jasper County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Johnson County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri
(Miller County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

74

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Missouri
(Newton County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Phelps
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Platte
County)*

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	1 Judgment Lien -

File No. 02CV82491
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Judgment entered
against RSC on 7/19/02
in favor of
Williamsburg Plaza
Partners in the amount
of $3,157.20. Date of
satisfaction of said
judgment is not on
file.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	10 years through
11/01/06	 	 
	 
	 	 	 	 	 	 	 	 
	Missouri (Saint
Charles County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Saint
Louis County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Scott
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Missouri (Taney
County)

	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	n/a

75

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Nebraska*

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Nebraska (Hall
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska
(Lancaster
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska
(Lincoln County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (5 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska (Sarpy
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (5 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska (Scotts
Bluff County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (5 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nebraska
(Washington
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (5 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Nevada*

	 	 	 	Clear (10 years through
10/25/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Nevada (Clark
County)

	 	Clear (5 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (5 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Jersey*

	 	 	 	 	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	New Jersey
(Gloucester
County)

	 	Clear (20 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (20 years through
10/24/06)
	 	n/a

76

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	New Mexico*

	 	 	 	 	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Bernalillo
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (14 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico (Lea
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (14 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Mckinley
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (14 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Otero County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (14 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico (San
Juan County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (14 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	New Mexico
(Santa Fe
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (14 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina*

	 	 	 	Clear (10 years through
10/30/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Eastern
District)*

	 	 	 	 	 	 	 	2 Bankruptcy

03/27/06 File No. 06- 00057-
8-RDD

77

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	RSC Joined as a necessary
party in case In re: Clark-
Langley, Inc. (debtor), where
RSC was added as a defendant
in action by Clark- Langley, Inc.
(debtor- plaintiff). No dollar
amount of claim is stated. Case
is still pending.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	08/29/06 File No. 06- 00206-8-JRL
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint filed against RSC in
case In re: Partitions Plus of
Wilmington Inc. (debtor), where
RSC is defendant in action by
James B. Angell (Chapter 7
trustee). Two Count Complaint
alleging avoidance and recovery
of preferential transfer and
avoidance and recovery of
fraudulent transfer in the amount
of at least $8,882.50.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Middle
District)*

	 	 	 	 	 	 	 	1 Bankruptcy

08/04/06 File No. 06- 02059
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Judgment entered against RSC in
case In re: DAC of High

78

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	Point, Inc., where RSC was
defendant in action by William P.
Miller (trustee in bankruptcy).
Judgment entered for $1,810.39.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Western
District)*

	 	 	 	 	 	 	 	4 Bankruptcy

08/26/03 File No. 03-03119
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC in case In re: Piedmont
Engineering Corporation (debtor)
where RSC was defendant in action
by Stanley M. Campbell (trustee
in bankruptcy). Default judgment
entered against RSC for
$2,592.48.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	07/21/04 File No. 04- 03169
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC in case In re: RFS Ecusta,
Inc. (debtor) where RSC was
defendant in action by Langdon M.
Cooper (trustee). Default
judgment entered against RSC for
$5,555.14.

79

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	09/30/05 File No. 05- 03476
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint filed against RSC in
case In re: J.A. Jones, Inc.,
et al.. (debtors) where RSC is
defendant in action by The
Liquidation Committee. Three
Count Complaint pending, alleging
Avoiding of Preferential
Transfer, Avoiding of Fraudulent
Transfer, and Recovery of Avoided
Transfer(s), in a total amount of
not less than $29,199.49.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	07/14/06 File No. 06- 03203
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Complaint filed against RSC in
case In re: F.T. Williams
Company, Inc. (debtors) where RSC
is defendant in action by R.
Keith Johnson (trustee for
bankruptcy estate of debtor).
Three Count Complaint pending,
alleging Avoiding of Preferential
Transfer, Avoiding of Fraudulent
Transfer, and Recovery of Avoided
Transfer(s), in a total amount
of not less than $4,500.00.

80

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Buncombe
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Cabarrus
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Camden County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Cumberland
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Durham County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Forsyth County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Guilford County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Iredell County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a

81

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	North Carolina
(Mecklenburg
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(New Hanover
County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Onslow County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Orange County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Pasquotank
County)

	 	2 State Tax Liens -

02/15/01 File No. 01-M-
32
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	Certification of
Unemployment Insurance
Tax Deficiency against
RSC in the amount of
$356.36.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	03/30/01 File No. 01-M-
77	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	Certification of
Unemployment Insurance
Tax Deficiency against
RSC in the amount of
$789.57.	 	 	 	 	 	 

82

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	(10 years through
10/23/06)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Swain County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Union County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Carolina
(Wake County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	North Dakota

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	North Dakota
(Cass County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Southern
District)*

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Ohio (Northern
District)*

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Ohio (Butler
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Franklin
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Hamilton
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

83

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Ohio (Lucas
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Medina
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Miami
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Montgomery
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Summit
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Ohio (Trumbull
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma*

	 	 	 	Clear (10 years through
10/26/06)
	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Carter
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a

84

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Oklahoma
(Cleveland
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Comanche County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Jackson
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Kay
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Oklahoma County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Payne
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma (Tulsa
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oklahoma
(Washington
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (5 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon*

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	 	 	Clear (10 years through 10/25/06)

85

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Oregon
(Clackamas
County)

	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	Clear (10 years through
10/11/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Coos
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Deschutes
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Douglas
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Klamath
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Lane
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Marion
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Oregon (Umatilla
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	2 Judgment Liens -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	11/01/01 File No.
2001-3990679	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Sheriff’s Certificate
of Levy against RSC
(one of multiple
defendants) in favor of
Skycrest	 	 

86

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	Enterprises Inc. for
real property located at
#39 Elk Ridge Subdivision
in Nov. 2001.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	08/22/02 File No.
2002-4180805	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Sheriff’s Certificate
of Levy against RSC
(one of multiple
defendants) in favor of
Skycrest Enterprises
Inc. for real property
located at #39 Elk
Ridge Subdivision in
Aug. 2002.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/26/06)	 	 
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Middle District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Eastern District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Blair County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Bucks County)

	 	Clear (5 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (5 years through
10/30/06)
	 	n/a

87

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Pennsylvania
(Dauphin County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Lancaster
County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(Washington
County)

	 	Clear (5 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (5 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Pennsylvania
(York County)

	 	Clear (5 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (5 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina*

	 	 	 	 	 	 	 	2 Bankruptcy
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	04/14/03 File No. 03- 80176-wb
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Settlement of Claim in case In re:
	 

	 	 	 	 	 	 	 	Bargain Equipment Sales, et al.
(debtors), where RSC was defendant
in action by R. Geoffrey Levy
(Trustee) for $156,300.00 in
preferential payments to RSC. RSC
reached settlement to pay trustee
$50,000.00 in full settlement of
claim.

88

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	05/02/05 File No. 05- 80123- jw
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC in case In re: Georgetown
Steel Company, LLC (debtor) where
RSC was defendant in action
brought by David O. Shelley
(trustee for debtor’s liquidating
trust). Default judgment against
RSC for $32,543.80. Lien ordered
avoided and Sale Proceeds
allocated to RSC, which were held
in trust, were recovered by the
trustee.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Horry County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	1 Judgment Lien -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	5/03/2004 File No:	 	 
	 

	 	 	 	 	 	2004-CP- 26- 2571	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Judgment and Deficiency
Judgment against RSC
(f/k/a Prime Service
Inc. (one of multiple
defendants) on 5/3/04
in favor of Business
Carolina Inc. in the
amount of
$1,682,634.23.	 	 

89

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	(10 years through
10/20/06)	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Aiken County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Beaufort County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Charleston
County)

	 	4 State Tax Liens:
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	08/27/02 File No.
2002-11864-State of
SC Dept. of Revenue Tax
Lien in the total
amount of $8,038.38.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	8/27/02 File No.
2002-11865-State of
SC Dept. of Revenue Tax
Lien in the total
amount of $2,031.40.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	10/23/02 File No.
2002-14150 State of
SC Dept. of Revenue Tax
Lien in the total
amount of $10,832.10.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	10/23/02 File No.
2002-14151 State of
SC Dept. of Revenue Tax
Lien in the total
amount of $2,590.42.	 	 	 	 	 	 

90

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	Clear (10 years through
10/20/06)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Florence
County)

	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	Clear (10 years through
10/23/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Greenville
County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Greenwood
County)

	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	Clear (10 years through
10/18/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Carolina
(Richland County)

	 	7 State Tax Liens:
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	08/08/01 File No.
2001263049 SC Dept. of
Revenue Tax Lien for
total of $1,953.50.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	05/17/02 File No.
2002040401 SC Dept. of
Revenue Tax Lien for
total of $12,558.13.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	07/11/02 File No.
2002056389 SC Dept. of
Revenue Tax Lien for
total of $6,660.32.	 	 	 	 	 	 

91

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	10/30/02 File No.
2002088586 SC Dept. of
Revenue Tax Lien for
total of $6,603.14.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	11/13/02 File No.
2002092820 SC Dept. of
Revenue Tax Lien for
total of $705.69.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	12/12/02 File No.
2002101953 SC Dept. of
Revenue Tax Lien for
total of $5,710.51.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	02/10/03 File No.
2003013961 SC Dept. of
Revenue Tax Lien for
total of $5,106.86.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	(10 years through
10/18/06)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	South Carolina
(York County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	South Dakota*

	 	 	 	Clear (10 years through
10/26/06)
	 	 	 	1 Bankruptcy
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	07/14/03 File No. 03-01032
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Default Judgment entered against
RSC on or around 09/04/03 in case
In re: Tri-State

92

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	 	 	Ethanol Company LLC (debtor)
where RSC was defendant in action
brought by North Central
Construction Inc. No dollar
amount stated in default
judgment.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	(10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	South Dakota
(Minnehaha
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Bradley County)*

	 	 	 	 	 	 	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Cumberland
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Davidson County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Hamblen County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a

93

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Tennessee
(Hamilton County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee (Knox
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Madison County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Montgomery
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee (Putnam
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Rutherford
County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee (Shelby
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Washington
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

94

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Tennessee
(Williamson
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Tennessee
(Wilson County)

	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	Clear (10 years through
11/3/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas*

	 	 	 	Clear (10 years through
10/30/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Texas (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Northern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Texas (Angelina
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Bell
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Bexar
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Bowie
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	2 Judgment Liens -
	 	n/a

95

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	 

	 	 	 	 	 	12/10/03 File No. 20305
Privileged Lien on RSC
real property for the
City of Texarkana for
services on RSC lots for
the cutting and cleaning
of weeds in the amount
of $108.40.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	07/01/04 File No. 10486	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Privileged Lien on RSC
real property for the
City of Texarkana for
services on RSC lots
for the cutting and
cleaning of weeds in
the amount of $54.20.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(10 years through
10/31/06)	 	 
	 
	Texas (Brazoria
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Brazos
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Calhoun
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Cameron
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Chambers
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a

96

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Texas (Collin
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Dallas
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Denton
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Ellis
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (El Paso
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Fort Bend
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Galveston
County)

	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas(Gregg
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Harris
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Hays
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

97

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Texas (Hidalgo
County)

	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	Clear (10 years through
10/26/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Jefferson
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Kendall
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Leon
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Lubbock
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Matagorda
County)

	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	Clear (10 years through
10/31/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Mclennan
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Montgomery
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Nueces
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas(Orange
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a

98

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Texas (Parker
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Potter
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Tarrant
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Taylor
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Tom Green
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas(Travis
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Walker
County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Washington
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Wichita
County)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Texas (Williamson
County)
Utah*

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
Clear (10 years through 10/25/06)

99

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Utah (Salt Lake
County)

	 	Clear (10 years through
10/13/06)
	 	Clear (10 years through
10/13/06)
	 	Clear (8 years through
10/13/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia*

	 	 	 	Clear (10 years through
10/27/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Virginia (Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Virginia (Eastern
District

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Virginia
(Charlottesville
City)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (20 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Bedford
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (20 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Botetourt
County)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (20 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Chesapeake City)

	 	Clear (20 years through
9/29/06)
	 	Clear (10 years through
9/29/06)
	 	Clear (20 years through
9/29/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Fauquier County)

	 	Clear (20 years through
11/5/06)
	 	Clear (10 years through
11/5/06)
	 	Clear (20 years through
11/5/06)
	 	n/a

100

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Virginia
(Franklin County)

	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	Clear (10 years through
10/20/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Fredericksburg
City)

	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	Clear (10 years through
10/24/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Henrico
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	1 Judgment Lien -
	 	n/a
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	07/07/05 File No. 130
Pg 0987	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Judgment against RSC in
favor of Media Gen
Operation Inc. d/b/a
Richmond Times Dispatch
in the amount of
$376.24 on 5/25/05	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	20 years through
10/30/06	 	 
	 
	 	 	 	 	 	 	 	 
	Virginia
(Hopewell
City)

	 	Clear (20 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (20 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Montgomery
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Loudoun
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a

101

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Virginia
(Lynchburg
City)

	 	Clear (20 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (20 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Hampton City)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Prince
William
County)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Richmond
City)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Rockingham
County)

	 	Clear (20 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (20 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia (Salem
City)

	 	Clear (20 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (20 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Virginia Beach
City)

	 	Clear (20 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (20 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Virginia
(Winchester
City)

	 	Clear (20 years through
10/28/06)
	 	Clear (10 years through
10/28/06)
	 	Clear (20 years through
10/28/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington*

	 	 	 	Clear (10 years through
10/25/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Washington
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Washington
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)

102

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Washington
(Benton County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Chelan
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington (Clark
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington (Grant
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington (King
County)

	 	Clear (10 years through
10/8/06)
	 	Clear (10 years through
10/8/06)
	 	Clear (10 years through
10/8/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Kittitas County)

	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	Clear (10 years through
10/16/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Pierce County)

	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	Clear (10 years through
10/9/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Skagit County)

	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	Clear (10 years through
10/19/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Washington
(Snohomish
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Southern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)

103

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	West Virginia
(Greenbrier
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Mercer
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	West Virginia
(Raleigh
County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin*

	 	 	 	Clear (10 years through
10/30/06)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Western
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Eastern
District)

	 	n/a
	 	n/a
	 	n/a
	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Wisconsin (Brown
County)

	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	Clear (10 years through
10/25/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin (Dane
County)

	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	Clear (10 years through
10/27/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin (La
Crosse County)

	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	Clear (10 years through
11/1/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Marathon County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Oneida)*

	 	 	 	 	 	 	 	n/a

104

 

Schedule 5.1(g)
to Credit Agreement

	 	 	 	 	 	 	 	 	 
	JURISDICTION	 	STATE TAX LIEN	 	FEDERAL TAX LIEN	 	JUDGMENT LIEN	 	BANKRUPTCY
	Wisconsin
(Outagamie
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Waukesha
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wisconsin
(Winnebago
County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wyoming*

	 	 	 	Clear (10 years through
10/24/06)
	 	 	 	Clear (10 years through 10/25/06)
	 
	 	 	 	 	 	 	 	 
	Wyoming (Laramie
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wyoming (Natrona
County)

	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	Clear (10 years through
10/30/06)
	 	n/a
	 
	 	 	 	 	 	 	 	 
	Wyoming
(Sheridan County)

	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	Clear (10 years through
11/2/06)
	 	n/a

105

 

Schedule 5.1(g)

to Credit Agreement

III. List of all UCC and other filed security interests in the assets of the Canadian Subsidiary:

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	UCC DATE	 	 
	 	 	REPORT/ INDEX DATE	 	UCC - Secured	 	FILED/FILE	 	 
	DEBTOR	 	LOCATION	 	Party	 	NUMBER	 	UCC COLLATERAL
	Rental Service
	 	10/24/2006/	 	Ikon Office	 	06/09/2004 -	 	Canon digital copier.
	Corporation of
	 	Edmonton,	 	Solutions,Inc.	 	04060935246	 	 
	Canada Ltd.
	 	Alberta, Canada	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
	 	10/24/2006/	 	Ikon Office	 	06/09/2004 -	 	Canon digital copier.
	Corporation of
	 	Edmonton,	 	Solutions,Inc.	 	04060935261	 	 
	Canada Ltd.
	 	Alberta, Canada	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
	 	10/24/2006/	 	Bobcat of	 	06/28/2006 -	 	Bobcat 863G (Motor Vehicle) for $19,051.06.
	Corporation of
	 	Edmonton,	 	Edmonton	 	06062822454	 	 
	Canada Ltd.
	 	Alberta, Canada	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
	 	10/24/2006/	 	Bobcat of	 	06/28/2006 -	 	Bobcat 863G (Motor Vehicle) for $25,707.52.
	Corporation of
	 	Edmonton,	 	Edmonton	 	06062828949	 	 
	Canada Ltd.
	 	Alberta, Canada	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
	 	10/24/2006/	 	De Lage Landen	 	07/18/2006 -	 	Commission - Residualized; Telecom.
	Corporation of
	 	Edmonton,	 	Financial Services	 	06071810532	 	 
	Canada Ltd.
	 	Alberta, CanadaCanada 	 	(CAD)	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Rental Service
	 	10/24/2006/	 	Bobcat of	 	09/22/2006 -	 	Bobcat 863 (Motor Vehicle) for $7,371.06.
	Corporation of
	 	Edmonton,	 	Edmonton	 	06092231197	 	 
	Canada Ltd.
	 	Alberta, Canada	 	 	 	 	 	 

106

 

Schedule 5.1(g)

to Credit Agreement

	 	 	 	 	 	 	 	 	 
	 	 	REPORT/	 	 	 	UCC DATE	 	 
	 	 	INDEX DATE	 	UCC - Secured	 	FILED/	 	 
	DEBTOR	 	LOCATION	 	Party	 	FILE NUMBER	 	UCC COLLATERAL
	Rental Service

Corporation of 

Canada Ltd.

	 	10/24/2006/
Edmonton,

Alberta, Canada
	 	Bobcat of

Edmonton
	 	09/22/2006 -

06092231221
	 	Bobcat 863 (Motor Vehicle) for $21,277.07.
	 
	 	 	 	 	 	 	 	 
	Rental Service

Corporation of

Canada Ltd.

	 	10/24/2006/
Edmonton,

Alberta, Canada
	 	IOS Financial

Services
	 	10/19/2006 -

06101900998
	 	All goods which are duplication devices, including
all parts, accessories, attachments, and all proceeds
which are accounts, goods, chattel paper, securities,
documents of title, instruments, money, intangibles,
crops or insurance proceeds.

107

 

Schedule 7.2(j)

to Credit Agreement

Schedule 7.2(j): Permitted Liens

Capital Lease Liens

	 	A.	 	Liens related to the Motor Vehicle Open Ended Operating Lease No. 0988
dated as of April 24, 2000 between DL Peterson Trust and RSC
($122,600,00 aggregate principal amount as of November 24, 2006).

Purchase Money Obligation Liens

	 	A.	 	Liens related to purchase money obligations in favor of Ingersoll Rand
($10,832,727.10 aggregate principal amount as of November 24, 2006).
	 
	 	B.	 	Liens related to purchase money obligations in favor of Textron
($55,465.15 aggregate principal amount as of November 24, 2006).
	 
	 	C.	 	Liens related to purchase money obligations in favor of John Deere
($6,464,857.02 aggregate principal amount as of November 24, 2006).
	 
	 	D.	 	Liens related to purchase money obligations in favor of JCB Inc.
($980,321.79 aggregate principal amount as of November 24, 2006).
	 
	 	E.	 	Liens related to purchase money obligations in favor of Allmand
Brothers, Inc. ($530,156.62 aggregate principal amount as of November
24, 2006).
	 
	 	F.	 	Liens related to purchase money obligations in favor of Thompson
Tractor ($2,196.40 aggregate principal amount as of November 24,
2006).
	 
	 	G.	 	Liens related to purchase money obligations in favor of Ground Hog -
Stoval Co. ($846.76 aggregate principal amount as of November 24,
2006).

Judgment Liens

	 	A.	 	Liens arising from judgments of less than $50,000 on an individual
basis in respect of claims arising in the ordinary course of the
business of Holdings and its Subsidiaries.

108

 

Schedule 7.3(a)

to Credit Agreement

Schedule 7.3(a): Permitted Guarantee Obligations

Capital Lease Obligations

	 	A.	 	Guarantee Obligations in respect of the Motor Vehicle Open Ended
Operating Lease No. 0988 dated as of April 24, 2000 between DL
Peterson Trust and RSC ($122,600,000 aggregate principal amount as of
November 24, 2006).

109

 

Schedule 7.5(j)

to Credit Agreement

Schedule 7.5(j): Permitted Asset Sales

Real Property Dispositions

	 	 	 	 	 	 	 	 	 	 	 
	 	 	State	 	City	 	Address	 	Zip Code
	1.

	 	Florida
	 	Ft. Pierce
	 	3019 S. US Highway 1
	 	 	34982	 
	2.

	 	Florida
	 	Pensacola
	 	5580 N. Pensacola Boulevard
	 	 	32505	 
	3.

	 	Iowa
	 	Muscatine
	 	1303 Washington Street
	 	 	52761	 
	4.

	 	North Carolina
	 	Winston-Salem
	 	3800 N. Patterson Avenue
	 	 	27105	 
	5.

	 	Texas
	 	Wichita Falls
	 	1113 Sheppard Access Road Coded
	 	 	76306	 

110

 

Schedule 7.7(c)

to Credit Agreement

Schedule 7.7(c): Permitted Investments

None.

111

 

Schedule 7.9(e)

to Credit Agreement

Schedule 7.9(e): Permitted Transactions with Affiliates

(i)

RSC Trade Payables to Atlas Copco Companies

RSC:

Vendor
Accounts

	 	 	 	 	 	 	 
	Vendor #	 	Vendor Name	 	Total (In USD)
	725116
	 	ACF/AC Compressors Inc (v# 506575)	 	$	16,653,171.58	 
	380440
	 	ACF/AC Construction Tools Inc. (v# 527066)	 	$	1,588,522.84	 
	527006
	 	AC Construction Tools	 	$	38,804.00	 
	2052
	 	AC Tools & Assembly	 	$	1,340.52	 

Banker’s Acceptances

	 	1.	 	$139,664,552.47 in Banker’s Acceptances outstanding as of October 31,
2006 and through April 16, 2007.

(ii)

RSC
Canada:

Vendor Accounts

	 	 	 	 	 	 	 
	Vendor #	 	Vendor Name	 	Total (In USD)
	6312

	 	ACF/AC Compressors Inc (v# 6221)
	 	$	848,176.40	 

Various supporting functions, such as tax preparation and planning, in house
legal, general consulting, corporate record keeping, some insurance lines (e.g.
officers and directors E&O), audit, banking, and general support in the
development of business strategy, have been provided to various business
operations of the sellers including the Recapitalized Business on a shared
basis, and the internal charges imposed on the Recapitalized Business from time
to time may, or may not, have been consistent in all cases, or in any case, with
typical market costs for the same or similar functions.

NOTE:

ACF = Atlas Copco Customer Finance

112

 

Schedule 7.10(b)

to Credit Agreement

Schedule 7.10(b): Sale and Leaseback Real Properties

	 	 	 	 	 	 	 	 	 	 	 
	 	 	State	 	City	 	Address	 	Zip Code
	1.

	 	Florida
	 	Ft. Pierce
	 	3019 S. US Highway 1
	 	 	34982	 
	2.

	 	Florida
	 	Pensacola
	 	5580 N. Pensacola Boulevard
	 	 	32505	 
	3.

	 	Iowa
	 	Muscatine
	 	1303 Washington Street
	 	 	52761	 
	4.

	 	North Carolina
	 	Winston-Salem
	 	3800 N. Patterson Avenue
	 	 	27105	 
	5.

	 	Texas
	 	Wichita Falls
	 	1113 Sheppard Access Road Coded
	 	 	76306	 

113

 

EXECUTION VERSION

EXHIBIT A-1

FORM OF INITIAL TERM LOAN NOTE

	 	 	 
	$                    

	 	New York, New York

November     , 2006

     FOR VALUE RECEIVED, RSC HOLDINGS III, LLC, a Delaware limited liability
company (the “Parent Borrower”), and RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”, and, together with the Parent Borrower, the “Borrowers”),
hereby promise to pay to [                    ] or its registered assigns (the “Lender”), in lawful money of
the United States of America in immediately available funds, at the Payment Office (as
defined in the Agreement referred to below) initially located at 60 Wall Street, New
York, NY 10005 on
the Initial Term Loan Maturity Date (as defined in the Agreement) the principal sum of                     
DOLLARS ($                     ) or, if less, the unpaid principal amount of all Initial Term Loans (as
defined in the Agreement) made by the Lender pursuant to the Agreement, payable at such
times and in such amounts as are specified in the Agreement.

     The Borrowers also promise to pay interest on the unpaid principal amount of
each Term Loan made by the Lender in like money at said office from the date hereof
until paid at the rates and at the times provided in subsection 3.1 of the Agreement.

     This note (the “Note”)is one of the Initial Term Loan Notes referred to in the
Second-Lien Term Loan Credit Agreement, dated as of November     , 2006, among RSC HOLDINGS II, LLC, the
Borrowers,  each other borrower party
thereto, the several banks and other financial institutions from time to time parties
thereto (including the Lender), DEUTSCHE BANK AG, NEW YORK BRANCH, as
administrative agent and collateral agent,  and CITICORP NORTH
AMERICA, INC., as syndication agent, (as amended, restated, modified and/or
supplemented from time to time, the “Agreement”) and is entitled to the benefits
thereof and of the other Loan Documents (as defined in the Agreement). This Note is
secured by, and entitled to the benefits of, the Security Documents (as defined in
the Agreement). As provided in the Agreement, this Note is subject to voluntary
prepayment and mandatory repayment prior to the Initial Term Loan Maturity Date, in whole or in
part, and Initial Term Loans may be converted from one Type (as defined in the
Agreement) into another Type to the extent provided in the Agreement.

     In case an Event of Default (as defined in the Agreement) shall occur and be
continuing, the principal of and accrued interest on this Note may be declared to be
due and payable in the manner and with the effect provided in the Agreement.

     The Borrowers hereby waive to the extent permitted by law presentment,
demand, protest or notice of any kind in connection with this Note.

 

 

Exhibit A-1

Page 2

     THIS
NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF
THE STATE OF NEW YORK.

	 	 	 	 	 
	 	RSC HOLDINGS III, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	RENTAL SERVICE CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

EXECUTION VERSION
EXHIBIT A-2

FORM OF INCREMENTAL TERM LOAN NOTE

	 	 	 
	$                    

	 	New York, New York

                     _, 200_

     FOR VALUE RECEIVED, RSC HOLDINGS III, LLC, a Delaware limited liability
company (the “Parent Borrower”) and RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”, and, together with the Parent Borrower, the “Borrowers”)1,
hereby promise to pay to [                    ] or its registered assigns (the “Lender”), in lawful money of
the United States of America in immediately available funds, at the Payment Office (as
defined in the Agreement referred to below) initially located at 60 Wall Street, New York,
NY 10005 on the Incremental Term Loan Maturity Date (as defined in the Agreement) the principal sum of                     
DOLLARS ($                    ) or, if less, the unpaid principal amount of all Incremental Term
Loans (as defined in the Agreement) made by the Lender pursuant to the Agreement, payable at
such times and in such amounts as are specified in the Agreement.

     The Borrowers also promise to pay interest on the unpaid principal amount of
each Term Loan made by the Lender in like money at said office from the date hereof until
paid at the rates and at the times provided in subsection 3.1 of the Agreement.

     This note (the “Note”) is one of the Incremental Term Loan Notes referred to in the Second-Lien Term Loan Credit Agreement, dated as of November _, 2006, among RSC HOLDINGS II, LLC, the
Borrowers, each other borrower party thereto,
the several banks and other financial institutions from time to time parties thereto
including the Lender, DEUTSCHE BANK AG, NEW YORK BRANCH, as administrative agent and
collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent,
(as amended, restated, modified and/or supplemented from time to time, the “Agreement”)
and is entitled to the benefits thereof and of the other Loan Documents (as defined in
the Agreement). This Note is secured by, and entitled to the benefits of, the Security Documents (as defined in the Agreement). As provided in the Agreement, this Note
is subject to voluntary prepayment and mandatory repayment prior to
the Incremental Term Loan
Maturity Date, in whole or in part, and Incremental Term Loans may be converted from one
Type (as defined in the Agreement) into another Type to the extent provided in the
Agreement.

     In case an Event of Default (as defined in the Agreement) shall occur and be
continuing, the principal of and accrued interest on this Note may be declared to be due
and payable in the manner and with the effect provided in the Agreement.

                                                                   
             

1 Additional Borrowers to be added to form as necessary.

 

 

Exhibit A-2

Page 2

     The Borrowers hereby waive to the extent permitted by law presentment, demand,
protest or notice of any kind in connection with this Note.

     THIS
NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE
LAW OF THE STATE OF NEW YORK.

	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	   
	 

	 	 	 	Title:	 	 

	 	 	 	 	 	 	 
	 	 	RENTAL SERVICE CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	   
	 

	 	 	 	Title:	 	 

 

 

EXECUTION VERSION

EXHIBIT B 

FORM OF INCREMENTAL TERM LOAN COMMITMENT AGREEMENT 

[Names(s) of Lenders(s)]

_____________, ______

[RSC HOLDINGS III, LLC]

[RENTAL SERVICE CORPORATION]

 [Address]

re Incremental Term Loan Commitment 

Gentlemen:

          Reference is hereby made to the Second-Lien Term Loan Credit Agreement (as amended,
supplemented, waived or otherwise modified from time to time, the “Credit Agreement”),
dated as of November ___, 2006, among RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC (the “Parent
Borrower”), RENTAL SERVICE CORPORATION (“RSC ”, and together with the Parent Borrower
and each other entity that becomes a Borrower pursuant to subsection 6.9(b) of the Credit Agreement
and which is incorporated or organized in the United States or any state or territory thereof or
the District of Columbia, the “Borrowers ”), the several banks and other financial
institutions from time to time parties to thereto (the “Lenders”), DEUTSCHE BANK AG, NEW YORK
BRANCH, as administrative agent and collateral agent (in such capacities, respectively, the
“Administrative Agent ” and the “Collateral Agent ”), and CITICORP NORTH AMERICA,
INC., as syndication agent. Unless otherwise defined herein, capitalized terms used herein shall
have the respective meanings set forth in the Credit Agreement.

          Each Lender (each an “Incremental Lender”) party to this letter agreement (this
“Agreement”) hereby severally agrees to provide the Incremental Commitment(s) set forth
opposite its name on Annex I attached hereto (for each such Incremental Lender, its
“Incremental Term Loan Commitment”). Each Incremental Commitment provided pursuant to
this Agreement shall be subject to the terms and conditions set forth in the Credit Agreement,
including subsection 2.5 thereof.

          Each Incremental Lender acknowledges and agrees that the Incremental Term Loan Commitments
provided pursuant to this Agreement, in the aggregate amount for each Tranche of Incremental Term
Loan Commitments as set forth on Annex I here to, shall constitute Incremental Term Loan
Commitments under, and as defined in, the Credit Agreement. Each

 

 

Exhibit B

Page 2

Incremental Lender further agrees that, with respect to the Incremental Term Loan Commitments
provided by it pursuant to this Agreement, such Incremental Lender shall receive an upfront fee
equal to that amount set forth opposite its name on Annex I hereto.

          Each Incremental Lender party to this Agreement (i) confirms that it has received a copy of
the Credit Agreement and the other Loan Documents, together with copies of the financial statements
referred to therein and such other documents and information as it has deemed appropriate to make
its own credit analysis and decision to enter into this Agreement and to become a Lender under the
Credit Agreement, (ii) agrees that it will, independently and without reliance upon the
Administrative Agent or any other Lender and based on such documents and information as it shall
deem appropriate at the time, continue to make its own credit decisions in taking or not taking
action under the Credit Agreement, (iii) appoints and authorizes the Administrative Agent and the
Collateral Agent to take such action as agent on its behalf and to exercise such powers under the
Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent and the
Collateral Agent, as the case may be, by the terms thereof, together with such powers as are
reasonably incidental thereto, (iv) confirms that from and after the effectiveness of the
Incremental Term Loan Commitment provided pursuant to this Agreement, [each] [the] Incremental
Lender shall be bound by the provisions of the Credit Agreement and agrees that it will perform in
accordance with their terms all of the obligations which by the terms of the Credit Agreement are
required to be performed by it as a Lender, (v) in the case of each lending institution organized
under the laws of a jurisdiction outside the United States, attaches the forms prescribed by the
Internal Revenue Service of the United States, certifying as to its entitlement to a complete
exemption from United States withholding taxes with respect to all payments to be made under the
Credit Agreement and the other Credit Documents and (vi) in the case of each lending institution
organized under the laws of the United States or a jurisdiction therein, attaches Internal Revenue
Service Form W-9 or such other or successor forms prescribed by the Internal Revenue Service of the
United States, certifying as to its entitlement to a complete exemption from United States
withholding taxes, including backup withholding, with respect to all payments to be made under the
Credit Agreement and the other Credit Documents. Upon the execution of a counterpart of this
Agreement by the Administrative Agent and the Borrowers, the delivery to the Administrative Agent
of a fully executed copy (including by way of counterparts and by fax, telecopy or other electronic transmission (i.e., pdf)) hereof and the payment of any fees (including, without limitation, the
upfront fees payable pursuant to the immediately preceding paragraph) required in connection
herewith, each Incremental Lender party hereto shall become a Lender pursuant to the Credit
Agreement and, to the extent provided in this Agreement, shall have the rights and obligations of a
Lender thereunder and under the other Credit Documents.

          You may accept this Agreement by signing the enclosed copies in the space provided below, and
returning one copy of same to us before the close of business on
___, ___. If you do not so accept this Agreement by such time, your Incremental Term
Loan Commitments set forth in this Agreement shall be deemed cancelled.

          After the execution and delivery to the Administrative Agent of a fully executed copy of this
Agreement (including by way of counterparts and by fax, telecopy or other

2

 

Exhibit B

Page 3

electronic transmission (i.e., pdf)) by the parties hereto, this Agreement may only be changed,
modified or varied by written instrument in accordance with the requirements for the modification
of Loan Documents pursuant to subsection 10.6 of the Credit Agreement.

3

 

Exhibit B

Page 4

          THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

	 	 	 	 	 
	 	Very truly yours,

[NAME OF LENDER]

 	 
	 	By  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	Agreed and Accepted	 	 
	this ___ day of __________, ____:	 	 
	 
	 	 	 	 
	[RSC HOLDINGS III, LLC]	 	 
	[RENTAL SERVICE CORPORATION]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	DEUTSCHE BANK AG, NEW YORK BRANCH	 	 
	as Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

4

 

ANNEX I TO EXHIBIT B 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name of	 	Amount of Initial Term Loan	 	 	Amount of Incremental Term Loan	 	 	Upfront	 
	Lender	 	Commitment	 	 	Commitment	 	 	Fee	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	 	 	 	 	                    	 	 	 	 	                    	 

 

EXECUTION VERSION

EXHIBIT C

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

          Reference
is made to the Loan(s) held by the undersigned pursuant to the Second-Lien Term Loan Credit Agreement (as
amended, supplemented, waived or otherwise modified from time to time, the “Credit
Agreement”), dated as of November ___, 2006, among RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC
(the “Parent Borrower”), RENTAL SERVICE CORPORATION, (together with the Parent Borrower and
each other entity that becomes a Borrower pursuant to subsection 6.9(b) of the Credit Agreement and
which is incorporated or organized in the United States or any state or territory thereof or the
District of Columbia, the “Borrowers”), the
several banks and other financial institutions from time to time parties thereto, DEUTSCHE BANK AG,
NEW YORK BRANCH, as administrative agent (the “Administrative Agent ”) and collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent. The undersigned hereby
certifies under penalty of perjury that:

	 	1.	 	The undersigned is the sole record and beneficial owner of the Loan(s) (as well as
any Note(s) evidencing such Loan(s)) registered in its name;
	 
	 	2.	 	The income from the Loan(s) held by the undersigned is not effectively connected
with the conduct of a trade or business within the United States;
	 
	 	3.	 	The undersigned is not a bank (as such term is used in Section 881(c)(3)(A) of the
Internal Revenue Code of 1986, as amended (the “Code”)), is not subject to
regulatory or other legal requirements as a bank in any jurisdiction, and has not been
treated as a bank for purposes of any tax, securities law or other filing or submission
made to any governmental authority, any application made to a rating agency or any
qualification for any exemption from any tax, securities law or other legal requirements;
	 
	 	4.	 	The undersigned is not a 10-percent shareholder of the Borrowers within the meaning of
Section
871(h)(3)(B) of the Code; and
	 
	 	5.	 	The undersigned is not a controlled foreign corporation receiving interest from a
related person within the meaning of Section 881(c)(3)(C) of the Code.

          We have furnished you with a certificate of our non-U.S. person status on Internal Revenue
Service Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the
information provided on this certificate changes, the undersigned shall so inform the Borrowers
(for the benefit of the Borrowers and the Administrative Agent) in writing within 30 days
of such change and (2) the undersigned shall furnish the U.S. Borrowers (for the benefit of the
 Borrowers and the Administrative Agent), a properly completed and currently effective
certificate in either the calendar year in which payment is to be made by the Borrowers to the
undersigned, or in either of the two calendar years preceding such payment.

 

 

          Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall
have the meanings given to them in the Credit Agreement.

	 	 	 	 	 	 	 
	 	 	[NAME OF LENDER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	[Address]	 	 
	Dated:                     , 200___
	 	 	 	 	 	 

2 

 

EXECUTION VERSION

EXHIBIT D

FORM
OF INTERCREDITOR AGREEMENT

          This INTERCREDITOR AGREEMENT, dated as of November 27, 2006, and
entered into by and among RSC HOLDINGS II, LLC, a Delaware limited liability
company (“Holdings”), RSC HOLDINGS III, LLC (the “Parent Borrower”), a Delaware
limited liability company, RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”), each other Grantor (as defined below) from time to time party hereto,
DEUTSCHE BANK AG, NEW YORK BRANCH (“DBNY”), in its capacity as U.S. collateral
agent under the First-Lien Loan Documents (as defined below) ((together with its
successors and assigns in such capacity from time to time, the “U.S. First-Lien
Collateral Agent”) and DBNY in its capacity as collateral agent under the
Second-Lien Loan Documents (as defined below) (together with its successors and
assigns in such capacity from time to time, the “Second-Lien Collateral Agent”).
Capitalized terms used herein but not otherwise defined herein have the meanings
set forth in Section 1 below.

RECITALS

          WHEREAS, Holdings, the Parent Borrower, RSC and RSC Canada, each other
entity that becomes a borrower thereunder pursuant to subsection 7.9 thereof
(together with the Parent Borrower, RSC and RSC Canada, collectively, the
“First-Lien Borrowers” and, each a “First-Lien Borrower”), the several banks and
other financial institutions from time to time party thereto, DBNY, as U.S.
administrative agent (in such capacity, the “U.S. First-Lien Administrative
Agent”) and U.S. collateral agent, Deutsche Bank AG, Canada Branch, as Canadian
administrative agent (in such capacity, the “Canadian First-Lien Administrative
Agent”) and Canadian collateral agent (in such capacity, the “Canadian
First-Lien Collateral Agent”), Citicorp North America, Inc., as Syndication
Agent and Bank of America, N.A., LaSalle Credit Business Credit, LLC and
Wachovia Capital Finance Corporation (Western), as Co-Documentation Agents have
entered into that certain Credit Agreement, dated as of the date hereof (as
amended, restated, supplemented, modified and/or Refinanced from time to time,
the “First-Lien Credit Agreement”) providing for the making of term and
revolving loans to the Borrowers, and the issuance of, and participation in,
letters of credit for the account of the Borrowers, as provided therein;

          WHEREAS, Holdings, the Parent Borrower, RSC and each other entity that
becomes a borrower thereunder pursuant to Subsection 6.9 thereof, the several
banks and other financial institutions from time to time party thereto (together
with the Parent Borrower and RSC, collectively, the “Second-Lien Borrowers” and
each a “Second-Lien Borrower”), DBNY, as administrative agent (in such capacity,
the “Second-Lien Administrative Agent”) and Second-Lien Collateral Agent,
Citicorp North America, Inc., as Syndication Agent, and General Electric Capital
Corporation, as Documentation Agent have entered into that certain Second-Lien
Term Loan Credit Agreement, dated as of the date hereof (as amended, restated,
supplemented, modified and/or Refinanced from time to time, the “Second-Lien
Credit Agreement”) providing for the making of the Second-Lien Term Loan to the
Second-Lien Borrowers as provided therein;

 

Page 2

          WHEREAS, the obligations of Holdings, the First-Lien Borrowers, and
the other Grantors under the First-Lien Loan Documents, and all Hedging
Agreements with one or more Hedging Creditors, will be secured by substantially
all the assets of Holdings, the First-Lien Borrowers and the other Grantors,
respectively, pursuant to the terms of the First-Lien Security Documents;

          WHEREAS, the obligations of Holdings, the First-Lien Borrowers, and
the other Grantors under the Second-Lien Loan Documents will be secured by
substantially all the assets of Holdings, the First-Lien Borrowers and the other
Grantors, respectively, pursuant to the terms of the Second-Lien Security
Documents;

          WHEREAS, the First-Lien Loan Documents and the Second-Lien Loan
Documents provide, among other things, that the parties thereto shall set forth
in this Agreement their respective rights and remedies with respect to the
Collateral;

          WHEREAS, in order to induce the First-Lien Collateral Agents and the
First-Lien Creditors to consent to the Grantors incurring the Second-Lien
Obligations and to induce the First-Lien Creditors to extend credit and other
financial accommodations and lend monies to or for the benefit of the
Second-Lien Borrowers or any other Grantor, the Second-Lien Collateral Agent on
behalf of the Second-Lien Creditors (and each Second-Lien Creditor by its
acceptance of the benefits of the Second-Lien Security Documents) has agreed to
the subordination, intercreditor and other provisions set forth in this
Agreement; and

          WHEREAS, Holdings, the First-Lien Borrowers and the other Grantors
may, from time to time, incur additional secured debt which the Second-Lien
Borrowers and the First-Lien Collateral Agents may agree may share a
first-priority security interest in the Collateral in accordance with the
First-Lien Loan Documents in existence at the time of such incurrence;

          NOW, THEREFORE, in consideration of the foregoing, the mutual
covenants and obligations herein set forth and for other good and valuable
consideration, the sufficiency and receipt of which are hereby acknowledged, the
parties hereto, intending to be legally bound, hereby agree as follows:

          SECTION 1. Definitions.

          1.1 Defined Terms. As used in the Agreement, the following terms shall
have the following meanings:

          “Agreement” means this Intercreditor Agreement, as amended, renewed,
extended, supplemented or otherwise modified from time to time in accordance
with the terms hereof.

          “Bankruptcy Code” means Title 11 of the United States Code entitled
“Bankruptcy,” as now and hereafter in effect, or any successor statute.

          “Bankruptcy Law” means the Bankruptcy Code and any similar federal,
state or foreign law for the relief of debtors.

 

Page 3

          “Borrowers” means the First-Lien Borrowers and the Second-Lien
Borrowers.

          “Business Day” means a day other than a Saturday, Sunday or other day
on which commercial banks in New York City are authorized or required by law to
close.

          “Canadian First-Lien Administrative Agent” has the meaning provided in
the recitals hereto.

          “Canadian First-Lien Collateral Agent” has the meaning provided in the
recitals hereto.

          “Cap Amount” means $2,000,000,000.

          “Collateral” means all of the assets and property of any Grantor,
whether real, personal or mixed, constituting both First-Lien Collateral and
Second-Lien Collateral.

          “Collateral Agent” means, as the context requires, collectively, the
First-Lien Collateral Agents and the Second-Lien Collateral Agent.

          “Comparable Second-Lien Security Document” means, in relation to any
Collateral subject to any Lien created under any First-Lien Security Document,
that Second-Lien Security Document which creates a Lien on the same Collateral,
granted by the same Grantor.

          “Creditors” means, collectively, the First-Lien Creditors and the
Second-Lien Creditors.

          “DBNY” has the meaning provided in the preamble hereof.

          “Defaulting Creditor” has the meaning provided in Section 5.7(d) of
this Agreement.

          “Discharge of First-Lien Credit Agreement Obligations” means, except
to the extent otherwise provided in Section 5.6 hereof (and subject to Section
6.5 hereof), (a) payment in full in cash of the principal of and interest
(including interest accruing on or after the commencement of any Insolvency or
Liquidation Proceeding at the rate provided for in the respective First-Lien
Loan Documents, whether or not such interest would be allowed in such Insolvency
or Liquidation Proceeding) and premium, if any, on all Indebtedness outstanding
under the First-Lien Loan Documents, (b) payment in full in cash of all other
First-Lien Obligations (other than Hedging Obligations) that are due and payable
or otherwise accrued and owing at or prior to the time such principal, interest
and premium are paid, (c) termination (without any prior demand for payment
thereunder having been made or, if made, with such demand having been fully
reimbursed in cash) or cash collateralization (in an amount and manner, and on
terms, satisfactory to each First-Lien Collateral Agent) of all letters of
credit issued by any First-Lien Creditor and (d) termination of all other
commitments of the First-Lien Creditors under the First-Lien Loan Documents.

          “Discharge of First-Lien Obligations” means, except to the extent
otherwise provided in Section 5.6 hereof, (a) payment in full in cash of the
principal of and interest

 

Page 4

(including interest accruing on or after the commencement of any Insolvency or
Liquidation Proceeding at the rate provided for in the respective First-Lien
Loan Documents, whether or not such interest would be allowed in any such
Insolvency or Liquidation Proceeding) and premium, if any, on all Indebtedness
outstanding under the First-Lien Documents, (b) payment in full in cash of all
other First-Lien Obligations that are due and payable or otherwise accrued and
owing at or prior to the time such principal and interest are paid, (c)
termination (without any prior demand for payment thereunder having been made
or, if made, with such demand having been fully reimbursed in cash) or cash
collateralization (in an amount and manner, and on terms, satisfactory to each
First-Lien Collateral Agent) of all letters of credit and Hedging Agreements
issued or entered into, as the case may be, by any First-Lien Creditor and (d)
termination of all other commitments of the First-Lien Creditors under the
First-Lien Loan Documents.

          “Disposition” has the meaning provided in Section 5.1(a)(ii) of this
Agreement.

          “Domestic Subsidiary” means each Subsidiary of Holdings organized
under the laws of the United States, any State or territory thereof or the
District of Columbia.

          “Eligible Purchaser” has the meaning provided in Section 5.7(a) of
this Agreement.

          “Financing Lease” means any lease of property, real or personal, the
obligations of the lessee in respect of which are required in accordance with
generally accepted accounting principals in the United States of America in
effect from time to time to be capitalized on a balance sheet of the lessee.

          “First-Lien Administrative Agent” means each of the U.S. First-Lien
Administrative Agent and the Canadian First-Lien Administrative Agent.

          “First-Lien Borrowers” has the meaning provided in the recitals
hereto.

          “First-Lien Collateral” means all of the assets and property of any
Grantor, whether real, personal or mixed, with respect to which a Lien is
granted (or purported to be granted) as security for any First-Lien Obligations.

          “First-Lien Collateral Agent” means each of the U.S. First-Lien
Collateral Agent and the Canadian First-Lien Collateral Agent.

          “First-Lien Credit Agreement” has the meaning set forth in the
recitals hereto.

          “First-Lien Creditors” means, at any relevant time, the holders of
First-Lien Obligations at such time, including, without limitation, the
First-Lien Lenders, the Hedging Creditors, each First-Lien Collateral Agent,
each First-Lien Administrative Agent and the other agents and arrangers under
the First-Lien Credit Agreement.

          “First-Lien Documents” means and includes the First-Lien Loan
Documents and the Hedging Agreements entered into with one or more Hedging
Creditors.

 

Page 5

          “First-Lien Lenders” means the “Lenders” under, and as defined in, the
First-Lien Credit Agreement; provided that the term “First-Lien Lender” shall in
any event include each letter of credit issuer and each swingline lender under
the First-Lien Credit Agreement.

          “First-Lien Loan Documents” means the First-Lien Credit Agreement and
the other Loan Documents (as defined in the First-Lien Credit Agreement) and
each of the other agreements, documents and instruments providing for or
evidencing any other First-Lien Obligation and any other document or instrument
executed or delivered at any time in connection with any First-Lien Obligation
(including any intercreditor or joinder agreement among holders of First-Lien
Obligations but excluding Hedging Agreements), to the extent such are effective
at the relevant time, as each may be amended, modified, restated, supplemented,
replaced and/or Refinanced from time to time.

          “First-Lien Obligations” means (i) all Obligations outstanding under
the First-Lien Credit Agreement and the other First-Lien Loan Documents, and
(ii) all Hedging Obligations. “First-Lien Obligations” shall in any event
include: (a) all interest accrued or accruing (or which would, absent
commencement of an Insolvency or Liquidation Proceeding (and the effect of
provisions such as Section 502(b)(2) of the Bankruptcy Code), accrue) after
commencement of an Insolvency or Liquidation Proceeding in accordance with the
rate specified in the relevant First-Lien Document, whether or not the claim for
such interest is allowed as a claim in such Insolvency or Liquidation
Proceeding, (b) any and all fees and expenses (including attorneys’ and/or
financial consultants’ fees and expenses) incurred by the U.S. First-Lien
Collateral Agent, the U.S. First-Lien Administrative Agent and the other
First-Lien Creditors after the commencement of an Insolvency or Liquidation
Proceeding, whether or not the claim for fees and expenses is allowed under
Section 506(b) of the Bankruptcy Code or any other provision of the Bankruptcy
Code or Bankruptcy Law as a claim in such Insolvency or Liquidation Proceeding
and (c) all obligations and liabilities of each Grantor under each First-Lien
Document to which it is a party which, but for the automatic stay under Section
362(a) of the Bankruptcy Code, would become due. The First-Lien Obligations
shall not include (x) principal of Loans or stated amounts of Letters of Credit
in excess of the Cap Amount as in effect at the time incurred or (y) any amount
in clauses (a) through (c) of the preceding sentence incurred in connection with
the enforcement of the excess amounts referred to in preceding clause (x)
(excluding, in either case, any such excess amounts representing the
capitalization of interest or fees or resulting from fluctuations in currency
values, which excess amounts shall be First-Lien Obligations).

          “First-Lien Required Lenders” means the “Required Lenders” under, and
as defined in, the First-Lien Credit Agreement.

          “First-Lien Security Agreement” means the U.S. Guaranty and Collateral
Agreement, dated as of the date hereof, among Holdings, the Parent Borrower,
RSC, the other Grantors from time to time party thereto and the U.S. First-Lien
Collateral Agent, as the same may be amended, supplemented, restated, modified
and/or Refinanced from time to time.

          “First-Lien Security Documents” means the Security Documents (as
defined in the First-Lien Credit Agreement) and any other agreement, document or
instrument pursuant to which a Lien is granted (or purported to be granted)
securing any First-Lien Obligations or under

 

Page 6

which rights or remedies with respect to such Liens are governed, as the same may be amended,
supplemented, restated, modified and/or Refinanced from time to time,
provided that the term
“First-Lien Security Documents” shall not include the Canadian Security Documents (as such term is
defined in the First-Lien Credit Agreement).

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

          “Grantors” means Holdings, each Borrower (other than RSC Canada or any other Borrower
that is incorporated or organized in Canada or a province thereof) and each of the Subsidiary
Guarantors that have executed and delivered, or may from time to time hereafter execute and
deliver, a First-Lien Security Document or a Second-Lien Security Document.

          “Hedging Agreements” means and includes each Interest Rate Protection Agreement and
each Other Hedging Agreement.

          “Hedging Creditor” means (i) each First-Lien Lender or any affiliate thereof (even if
the respective First-Lien Lender subsequently ceases to be a First-Lien Lender under the First-Lien
Credit Agreement for any reason) party to a Hedging Agreement with any Grantor and (ii) the
respective successors and assigns of each such First-Lien Lender, affiliate or other financial
institution referred to in clause (i) above.

          “Hedging Obligations” means (i) the full and prompt payment when due
(whether at the stated maturity, by acceleration or otherwise) of all
obligations (including obligations which, but for the automatic stay under
Section 362(a) of the Bankruptcy Code, would become due) and liabilities
(including, without limitation, indemnities, fees and interest thereon and all
interest that accrues after the commencement of any Insolvency or Liquidation
Proceeding at the rate provided for in the respective Hedging Agreement, whether
or not a claim for post-petition interest is allowed in any such Insolvency or
Liquidation Proceeding) of each Grantor owing to the Hedging Creditors, now
existing or hereafter incurred under, arising out of or in connection with each
Hedging Agreement (including all such obligations and indebtedness under any
guarantee to which each Grantor is a party) and (ii) the due performance and
compliance by each Grantor with the terms, conditions and agreements of each
Hedging Agreement.

          “Holdings” has the meaning set forth in the preamble hereof.

          “Indebtedness” means and includes all Obligations that constitute
“Indebtedness” within the meaning of the First-Lien Credit Agreement or the
Second-Lien Credit Agreement.

          “Insolvency or Liquidation Proceeding” means (a) any voluntary or
involuntary case or proceeding under the Bankruptcy Code with respect to any
Grantor, (b) any other voluntary or involuntary insolvency, reorganization or
bankruptcy case or proceeding, or any receivership, liquidation, reorganization
or other similar case or proceeding with respect to any

 

Page 7

Grantor or with respect to a material portion of its respective assets, (c) any
liquidation, dissolution, reorganization or winding up of any Grantor whether
voluntary or involuntary and whether or not involving insolvency or bankruptcy
or (d) any assignment for the benefit of creditors or any other marshalling of
assets and liabilities of any Grantor.

          “Interest Rate Protection Agreement” means any interest rate swap
agreement, interest rate cap agreement, interest rate collar agreement, interest
rate hedging agreement or other similar agreement or arrangement.

          “Letters of Credit” means “Letters of Credit” under, and as defined
in, the First-Lien Credit Agreement.

          “Lien” means any mortgage, pledge, hypothecation, assignment, security
deposit arrangement, encumbrance, lien (statutory or other), charge or other
security interest or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including, without
limitation, any conditional sale or other title retention agreement and any
Financing Lease having substantially the same economic effect as any of the
foregoing).

          “Loans” means “Loans” under, and as defined in, the First-Lien Credit
Agreement.

          “Obligations” means any and all obligations (including guaranty
obligations) with respect to the payment and performance of (a) any principal of
or interest or premium on any indebtedness, including any reimbursement
obligation in respect of any letter of credit, or any other liability, including
interest that accrues after the commencement of any Insolvency or Liquidation
Proceeding of any Grantor at the rate provided for in the respective
documentation, whether or not a claim for post-petition interest is allowed in
any such Insolvency or Liquidation Proceeding, (b) any fees, indemnification
obligations, expense reimbursement obligations or other liabilities payable
under the documentation governing any indebtedness (including, without
limitation, the retaking, holding, selling or otherwise disposing of or
realizing on the Collateral), (c) any obligation to post cash collateral in
respect of letters of credit or any other obligations, and (d) all performance
obligations under the documentation governing any indebtedness.

          “Other Hedging Agreement” means any foreign exchange contract,
currency swap agreement, commodity agreement or other similar arrangement
designed to protect against fluctuations in currency values or commodity prices.

          “Parent Borrower” has the meaning set forth in the preamble hereof.

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

          “Pledged Collateral” means Collateral in the possession of the U.S.
First-Lien Collateral Agent (or its agents or bailees), to the extent that
possession thereof is taken to perfect a Lien thereon under the Uniform
Commercial Code.

          “Priority Lien” has the meaning provided in Section 5.1(c) hereof.

 

Page 8

          “Recovery” has the meaning set forth in Section 6.5 hereof.

          “Refinance” means, in respect of any indebtedness, to refinance, extend, renew,
defease, amend, modify, supplement, restructure, replace, refund or repay, or to issue other
indebtedness, in exchange or replacement for, such indebtedness.
“Refinanced” and “Refinancing”
shall have correlative meanings.

          “Remedial Action” has the meaning provided in Section 5.1(a)(i)
hereof.

          “Required First-Lien Creditors” means (i) at all times prior to the
occurrence of the Discharge of First-Lien Credit Agreement Obligations, the
First-Lien Required Lenders (or, to the extent required by the First-Lien Credit
Agreement, each of the First-Lien Lenders), and (ii) at all times after the
occurrence of the Discharge of First-Lien Credit Agreement Obligations, the
holders of at least the majority of the then outstanding Hedging Obligations
(determined by the U.S. First-Lien Collateral Agent in such reasonable manner as
is acceptable to it).

          “RSC” has the meaning set forth in the preamble hereof.

          “RSC Canada” has the meaning set forth in the preamble hereof.

          “Second-Lien Administrative Agent” has the meaning set forth in the
recitals hereof.

          “Second-Lien Collateral” means all of the assets of any Grantor,
whether real, personal or mixed, with respect to which a Lien is granted (or
purported to be granted) as security for any Second-Lien Obligations.

          “Second-Lien Collateral Agent” has the meaning set forth in the
preamble hereof.

          “Second-Lien Credit Agreement” has the meaning set forth in the
recitals hereto.

          “Second-Lien Creditors” means, at any relevant time, the holders of
Second-Lien Obligations at such time, including without limitation the
Second-Lien Lenders, the Second-Lien Collateral Agent, the Second-Lien
Administrative Agent and any other agents and arrangers under the Second-Lien
Credit Agreement.

          “Second-Lien Lenders” means the “Lenders” under, and as defined in,
the Second-Lien Credit Agreement.

          “Second-Lien Loan Documents” means the Second-Lien Credit Agreement and the Loan
Documents (as defined in the Second-Lien Credit Agreement) and each of the other agreements,
documents and instruments providing for or evidencing any other Second-Lien Obligation, and any
other document or instrument executed or delivered at any time in connection with any Second-Lien
Obligation, as the same may be amended, modified or otherwise supplemented from time to time in
accordance with the terms hereof, thereof and the First-Lien Credit Agreement; provided
that any such modification does not increase the aggregate principal amount thereof beyond the
limit set forth in the First-Lien Credit Agreement and is otherwise in accordance with the
provisions of this First-Lien Credit Agreement.

 

Page 9

          “Second-Lien Obligations” means all Obligations outstanding under the
Second-Lien Credit Agreement and the other Second-Lien Loan Documents.
“Second-Lien Obligations” shall in any event include: (a) all interest accrued
or accruing (or which would, absent commencement of an Insolvency or Liquidation
Proceeding (and the effect of provisions such as Section 502(b)(2) of the
Bankruptcy Code), accrue) after commencement of an Insolvency or Liquidation
Proceeding in accordance with the rate specified in the relevant Second-Lien
Loan Document whether or not the claim for such interest is allowed as a claim
in such Insolvency or Liquidation Proceeding, (b) any and all fees and expenses
(including attorneys’ and/or financial consultants’ fees and expenses) incurred
by the Second-Lien Collateral Agent, the Second-Lien Administrative Agent and
the other Second-Lien Creditors after the commencement of an Insolvency or
Liquidation Proceeding, whether or not the claim for fees and expenses is
allowed under Section 506(b) of the Bankruptcy Code or any other provision of
the Bankruptcy Code or Bankruptcy Law as a claim in such Insolvency or
Liquidation Proceeding and (c) all obligations and liabilities of each Grantor
under each Second-Lien Loan Document to which it is a party which, but for the
automatic stay under Section 362(a) of the Bankruptcy Code, would become due.

          “Second-Lien Security Agreement” means the Guaranty and Collateral
Agreement, dated as of the date hereof, among Holdings, each Second-Lien
Borrower, the other Grantors from time to time party thereto and the Second-Lien
Collateral Agent, as the same may be amended, supplemented, restated or
otherwise modified from time to time in accordance with the terms hereof and
thereof.

          “Second-Lien Security Documents” means the Security Documents (as
defined in the Second-Lien Credit Agreement) and any other agreement, document,
mortgage or instrument pursuant to which a Lien is granted (or purported to be
granted) securing any Second-Lien Obligations or under which rights or remedies
with respect to such Liens are governed, as the same may be amended,
supplemented, restated or otherwise modified from time to time in accordance
with the terms hereof and thereof, provided that the term “Second-Lien Security
Documents” shall not include the Canadian Security Documents (as such term is
defined in the First-Lien Credit Agreement).

          “Security Documents” means, collectively, the First-Lien Security
Documents and the Second-Lien Security Documents.

          “Subsidiary”: as to any Person, a corporation, partnership, limited
liability company or other entity (a) of which shares of stock or other
ownership interests having ordinary voting power (other than such stock or such
other ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of
such corporation, partnership, limited liability company or other entity are at
the time owned by such Person, or (b) the management of which is otherwise
controlled, directly or indirectly through one or more intermediaries, or both,
by such Person and, in the case of this clause (b), which is treated as a
consolidated subsidiary for accounting purposes.

          “Subsidiary Guarantors” means each Domestic Subsidiary of Holdings
which enters into a guaranty of any First-Lien Obligations or Second-Lien
Obligations.

 

Page 10

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

          “U.S. First-Lien Administrative Agent” has the meaning provided in the
recitals hereto.

          “U.S. First-Lien Collateral Agent” has the meaning provided in the
preamble hereof.

          1.2 Terms Generally. The definitions of terms herein shall apply
equally to the singular and plural forms of the terms defined. Whenever the
context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms. The words “include”, “includes” and “including” shall
be deemed to be followed by the phrase “without limitation.” The word “will”
shall be construed to have the same meaning and effect as the word “shall”.
Unless the context requires otherwise (a) any definition of or reference to any
agreement, instrument or other document herein shall be construed as referring
to such agreement, instrument or other document as from time to time amended,
supplemented or otherwise modified, (b) any reference herein to any Person shall
be construed to include such Person’s successors and assigns, (c) the words
“herein”, “hereof” and “hereunder”, and words of similar import, shall be
construed to refer to this Agreement in its entirety and not to any particular
provision hereof, (d) the words “asset” and “property” shall be construed to
have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties, including cash, securities, accounts and
contract rights, (e) terms defined in the UCC but not otherwise defined herein
shall have the same meanings herein as are assigned thereto in the UCC, (f)
reference to any law means such law as amended, modified, codified, replaced or
re-enacted, in whole or in part, and in effect on the date hereof, including
rules, regulations, enforcement procedures and any interpretations promulgated
thereunder, and (g) references to Sections or clauses shall refer to sections or
clauses of this Agreement, and any references to a clause shall, unless
otherwise identified, refer to the appropriate clause within the same Section in
which such reference occurs.

          SECTION 2. Priority of Liens.

          2.1 Subordination; Etc. Notwithstanding the date, manner or order of
grant, attachment or perfection of any Liens securing the Second-Lien
Obligations granted on the Collateral or of any Liens securing the First-Lien
Obligations granted on the Collateral and notwithstanding any provision of the
UCC, or any applicable law or the Second-Lien Loan Documents or any other
circumstance whatsoever (including any non-perfection of any Lien purporting to
secure the First-Lien Obligations and/or Second-Lien Obligations), the
Second-Lien Collateral Agent, on behalf of itself and the other Second-Lien
Creditors, and each other Second-Lien Creditor (by its acceptance of the
benefits of the Second-Lien Loan Documents) hereby agrees that: (a) any Lien on
the Collateral securing any First-Lien Obligations now or hereafter held by or
on behalf of the U.S. First-Lien Collateral Agent or any First-Lien Creditors or
any agent or trustee therefor, regardless of how acquired, whether by grant,
possession, statute, operation of law, subrogation or otherwise, shall be senior
in all respects and prior to any Lien on the Collateral securing any of the
Second-Lien Obligations; and (b) any Lien on the Collateral now or hereafter
held by or on behalf of the Second-Lien Collateral Agent, any

 

Page 11

Second-Lien Creditors or any agent or trustee therefor regardless of how
acquired, whether by grant, possession, statute, operation of law, subrogation
or otherwise, shall be junior and subordinate in all respects to all Liens on
the Collateral securing any First-Lien Obligations. All Liens on the Collateral
securing any First-Lien Obligations shall be and remain senior in all respects
and prior to all Liens on the Collateral securing any Second-Lien Obligations
for all purposes, whether or not such Liens securing any First-Lien Obligations
are subordinated to any Lien securing any other obligation of Holdings, the
Parent Borrower, any other Grantor or any other Person. The parties hereto
acknowledge and agree that it is their intent that the First-Lien Obligations
(and the security therefor) constitute a separate and distinct class (and
separate and distinct claims) from the Second-Lien Obligations (and the security
therefor).

          2.2 Prohibition on Contesting Liens. Each of the Second-Lien Collateral Agent, for
itself and on behalf of each Second-Lien Creditor, and U.S. First-Lien Collateral Agent, for itself
and on behalf of each First-Lien Creditor, agrees that it shall not (and hereby waives any right
to) contest or support any other Person in contesting, in any proceeding (including any Insolvency
or Liquidation Proceeding), (i) the validity or enforceability of any Security Document or any
Obligation thereunder, (ii) the validity, perfection, priority or enforceability of the Liens,
mortgages, assignments and security interests granted pursuant to the Security Documents with
respect to the First-Lien Obligations or (iii) the relative rights and duties of the holders of the
First-Lien Obligations and the Second-Lien Obligations granted and/or established in this Agreement
or any other Security Document with respect to such Liens, mortgages, assignments, and security
interests; provided that nothing in this Agreement shall be construed to prevent or impair the
rights of the U.S. First-Lien Collateral Agent or any First-Lien Creditor to enforce this
Agreement, including the priority of the Liens securing the First-Lien Obligations as provided in
Section 3.1 hereof.

          2.3 No New Liens. So long as the Discharge of First-Lien Obligations
has not occurred, the parties hereto agree that neither Holdings nor the Parent
Borrower shall, and shall not permit any other Grantor to, grant or permit any
additional Liens, or take any action to perfect any additional Liens, on any
asset or property to secure any Second-Lien Obligation unless it has also
granted a Lien on such asset or property to secure the First-Lien Obligations
and has taken all actions to perfect such Liens. To the extent that the
foregoing provisions are not complied with for any reason, without limiting any
other rights and remedies available to the U.S. First-Lien Collateral Agent
and/or the other First-Lien Creditors, the Second-Lien Collateral Agent, on
behalf of itself and the other Second-Lien Creditors, and each other Second-Lien
Creditor (by its acceptance of the benefits of the Second-Lien Loan Documents),
agrees that any amounts received by or distributed to any of them pursuant to or
as a result of Liens granted in contravention of this Section 2.3 shall be
subject to Section 4.2 hereof.

          2.4 Similar Liens and Agreements. The parties hereto agree that it is
their intention that the Second-Lien Collateral not be more expansive than the
First-Lien Collateral. In furtherance of the foregoing and of Section 8.9
hereof, the Second-Lien Collateral Agent and the other Second-Lien Creditors
agree, subject to the other provisions of this Agreement:

          (i) upon request by either First-Lien Collateral Agent, to cooperate
in good faith (and to direct their counsel to cooperate in good faith) from
time to time in order to determine the specific items included in the
Second-Lien Collateral and the steps taken to

 

Page 12

perfect the Liens thereon and the identity of the respective parties
obligated under the Second-Lien Loan Documents; and

          (ii) that the guarantees for the First-Lien Obligations and the
Second-Lien Obligations shall be substantially in the same form.

          SECTION 3. Enforcement.

          3.1 Exercise of Remedies. (a) So long as the Discharge of First-Lien Obligations has not
occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against
Holdings, the Parent Borrower or any other Grantor: (i) the Second-Lien Collateral Agent and the
other Second-Lien Creditors will not exercise or seek to exercise any rights or remedies (including
setoff) with respect to any Collateral (including, without limitation, the exercise of any right
under any lockbox agreement, control account agreement, landlord waiver or bailee’s letter or
similar agreement or arrangement to which the Second-Lien Collateral Agent or any Second-Lien
Creditor is a party) or institute or commence, or join with any Person in commencing, any action or
proceeding with respect to such rights or remedies (including any action of foreclosure,
enforcement, collection or execution and any Insolvency or Liquidation Proceeding), and will not
contest, protest or object to any foreclosure proceeding or action brought by either First-Lien
Collateral Agent or any other First-Lien Creditor or any other exercise by either First-Lien
Collateral Agent or any other First-Lien Creditor, of any rights and remedies relating to the
Collateral under the First-Lien Loan Documents or otherwise, or object to the forbearance by the
either First-Lien Collateral Agent or the other First-Lien Creditors from bringing or pursuing any
foreclosure proceeding or action or any other exercise of any rights or remedies relating to the
Collateral; and (ii) the First-Lien Collateral Agents shall have the exclusive right, and the
Required First-Lien Creditors shall have the exclusive right to instruct the First-Lien Collateral
Agents, to enforce rights, exercise remedies (including set-off and the right to credit bid their
debt) and make determinations regarding the release, disposition, or restrictions with respect to
the Collateral without any consultation with or the consent of the Second-Lien Collateral Agent or
any other Second-Lien Creditor, all as though the Second-Lien Obligations did not exist; provided,
that (A) in any Insolvency or Liquidation Proceeding commenced by or against the Parent Borrower or
any other Grantor, the Second-Lien Collateral Agent may file a claim or statement of interest with
respect to the Second-Lien Obligations, (B) the Second-Lien Collateral Agent may take any action
(not adverse to the prior Liens on the Collateral securing the First-Lien Obligations, or the
rights of the First-Lien Collateral Agents or the other First-Lien Creditors to exercise remedies
in respect thereof) in order to preserve or protect their Lien on the Collateral in accordance with
the terms of this Agreement, (C) the Second-Lien Creditors shall be entitled to file any necessary
responsive or defensive pleading in opposition to any motion, claim, adversary proceeding or other
pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of the
Second-Lien Creditors, including any claim secured by the Collateral, if any, in each case in
accordance with the terms of this Agreement, (D) the Second-Lien Creditors may file any pleadings,
objections, motions or agreements which assert rights or interests available to unsecured creditors
of the Grantors arising under either any Insolvency or Liquidation Proceeding or applicable
non-bankruptcy law, in each case not inconsistent with the terms of this Agreement and (E) the
Second-Lien Creditors may vote on any plan of reorganization, file any proof of claim, make other
filings and make any arguments and motions that are, in each case, in accordance with the terms of
this Agreement

 

Page 13

with respect to the Second-Lien Obligations and the Collateral. In exercising
rights and remedies with respect to the Collateral, the First-Lien Collateral
Agents and the other First-Lien Creditors may enforce the provisions of the
First-Lien Loan Documents and exercise remedies thereunder, all in such order
and in such manner as they may determine in the exercise of their sole
discretion. Such exercise and enforcement shall include the rights of an agent
appointed by them to sell or otherwise dispose of Collateral upon foreclosure,
to incur expenses in connection with such sale or disposition, and to exercise
all the rights and remedies of a secured creditor under the Uniform Commercial
Code of any applicable jurisdiction and of a secured creditor under Bankruptcy
Laws of any applicable jurisdiction.

          (b) The Second-Lien Collateral Agent, on behalf of itself and the
Second-Lien Creditors, agrees that it will not take or receive any Collateral or
any proceeds of Collateral in connection with the exercise of any right or
remedy (including setoff) with respect to any Collateral, unless and until the
Discharge of First-Lien Obligations has occurred. Without limiting the
generality of the foregoing, unless and until the Discharge of First-Lien
Obligations has occurred, the sole right of the Second-Lien Collateral Agent and
the other Second-Lien Creditors with respect to the Collateral is to hold a Lien
on the Collateral pursuant to the Second-Lien Security Documents for the period
and to the extent granted therein and to receive a share of the proceeds
thereof, if any, after the Discharge of the First-Lien Obligations has occurred
in accordance with the terms of the Second-Lien Loan Documents and applicable
law.

          (c) The Second-Lien Collateral Agent, for itself and on behalf of the Second-Lien Creditors,
and each other Second-Lien Creditor (by its acceptance of the benefits of the Second-Lien Loan
Documents), (i) agrees that the Second-Lien Collateral Agent and the other Second-Lien Creditors
will not take any action that would hinder, delay, limit or prohibit any exercise of remedies under
the First-Lien Loan Documents, including any collection, sale, lease, exchange, transfer or other
disposition of the Collateral, whether by foreclosure or otherwise, or that would limit,
invalidate, avoid or set aside any Lien or Security Document or subordinate the priority of the
First-Lien Obligations to the Second-Lien Obligations or grant the Liens securing the Second-Lien
Obligations equal ranking to the Liens securing the First-Lien Obligations and (ii) hereby waives
any and all rights it or the Second-Lien Creditors may have as a junior lien creditor or otherwise
(whether arising under the UCC or under any other law) to object to the manner in which any
First-Lien Collateral Agent or the other First-Lien Creditors seek to enforce or collect the
First-Lien Obligations or the Liens granted in any of the First-Lien Collateral, regardless of
whether any action or failure to act by or on behalf of any First-Lien Collateral Agent or
First-Lien Creditors is adverse to the interest of the Second-Lien Creditors.

          (d) The Second-Lien Collateral Agent hereby acknowledges and agrees
that no covenant, agreement or restriction contained in the Second-Lien Security
Documents or any other Second-Lien Loan Document shall be deemed to restrict in
any way the rights and remedies of any First-Lien Collateral Agent or the other
First-Lien Creditors with respect to the Collateral as set forth in this
Agreement and the First-Lien Loan Documents.

          (e) Notwithstanding anything to the contrary in preceding clauses (a)
through (d) of this Section 3.1, at any time while a payment default exists with
respect to the Second-Lien Obligations following the final maturity of the
Second-Lien Obligations, or the acceleration by the relevant Second-Lien
Creditors of the maturity of all then outstanding Second-Lien

 

Page 14

Obligations, and in either case so long as 180 days have elapsed after notice thereof (and
requesting that enforcement action be taken with respect to the Collateral) has been received by
the U.S. First-Lien Collateral Agent and so long as the respective payment default shall not have
been cured or waived (or the respective acceleration rescinded), the Second-Lien Collateral Agent,
for itself and on behalf of the Second-Lien Creditors, and the other Second-Lien Creditors may, but
only if the U.S. First-Lien Collateral Agent or the First-Lien Creditors are not pursuing
enforcement preceding with respect to the Collateral in a commercially reasonable manner (with any
determination of which Collateral to proceed against, and in what order, to be made by the U.S.
First-Lien Collateral Agent or such First-Lien Creditors in their reasonable judgment), enforce the
Liens on Collateral granted pursuant to the Second-Lien Security Documents, provided that (x) any
Collateral or any proceeds of Collateral received by the Second-Lien Collateral Agent or such other
Second-Lien Creditor, as the case may be, in connection with the enforcement of such Lien shall be
applied in accordance with Section 4 hereof and (y) the U.S. First-Lien Collateral Agent or any
other First-Lien Creditors may at any time take over such enforcement proceedings, provided that
the U.S. First-Lien Collateral Agent or such First-Lien Creditors, as the case may be, pursues
enforcement proceedings with respect to the Collateral in a commercially reasonably manner, with
any determination of which Collateral to proceed against, and in what order, to be made by the U.S.
First-Lien Collateral Agent or such First-Lien Creditors in their reasonable judgment, and provided
further that the Second-Lien Collateral Agent or Second-Lien Creditors, as the case may be, shall
only be able to recoup (from amounts realized by the U.S. First-Lien Collateral Agent or any
First-Lien Creditors) in any enforcement proceeding with respect to the Collateral (whether
initiated by the U.S. First-Lien Collateral Agent or First-Lien Creditors or taken over by them as
contemplated above) any expenses incurred by them in accordance with the priorities set forth in
Section 4 hereof.

          SECTION 4. Payments.

          4.1 Application of Proceeds. So long as the Discharge of First-Lien
Obligations has not occurred, any proceeds of any Collateral pursuant to the
enforcement of any Security Document or the exercise of any remedial provision
thereunder, together with all other proceeds received by any Creditor (including
all funds received in respect of post-petition interest or fees and expenses) as
a result of any such enforcement or the exercise of any such remedial provision
or as a result of any distribution of or in respect of any Collateral (whether
or not expressly characterized as such) upon or in any Insolvency or Liquidation
Proceeding with respect to any Grantor, or the application of any Collateral (or
proceeds thereof) to the payment thereof or any distribution of Collateral (or
proceeds thereof) upon the liquidation or dissolution of any Grantor, shall be
applied by the U.S. First-Lien Collateral Agent to the First-Lien Obligations in
such order as specified in the relevant First-Lien Security Document. Upon the
Discharge of the First-Lien Obligations, the U.S. First-Lien Collateral Agent
shall deliver to the Second-Lien Collateral Agent any proceeds of Collateral
held by it in the same form as received, with any necessary endorsements or as a
court of competent jurisdiction may otherwise direct, to be applied by the
Second-Lien Collateral Agent to the Second-Lien Obligations in such order as
specified in the Second-Lien Security Documents.

          4.2 Payments Over. Until such time as the Discharge of First-Lien
Obligations has occurred, any Collateral or proceeds thereof (together with
assets or proceeds subject to Liens referred to in the final sentence of Section
2.3 hereof) (or any distribution in

 

Page 15

respect of the Collateral, whether or not expressly characterized as such)
received by the Second-Lien Collateral Agent or any other Second-Lien Creditors
in connection with the exercise of any right or remedy (including set-off)
relating to the Collateral or otherwise that is inconsistent with this Agreement
shall be segregated and held in trust and forthwith paid over to the U.S.
First-Lien Collateral Agent for the benefit of the First-Lien Creditors in the
same form as received, with any necessary endorsements or as a court of
competent jurisdiction may otherwise direct. U.S. First-Lien Collateral Agent is
hereby authorized to make any such endorsements as agent for the Second-Lien
Collateral Agent or any such other Second-Lien Creditors. This authorization is
coupled with an interest and is irrevocable until such time as this Agreement is
terminated in accordance with its terms.

          SECTION 5. Other Agreements.

          5.1 Releases.

          (a) If, in connection with:

               (i) the exercise of the U.S. First-Lien Collateral Agent’s
remedies in respect of the Collateral provided for in Section 3.1 hereof,
including any sale, lease, exchange, transfer or other disposition of any such
Collateral (any of the foregoing, a “Remedial Action”);

               (ii) any sale, lease, exchange, transfer or other disposition
(any of the foregoing, a “Disposition”) of any Collateral permitted under the
terms of the First-Lien Loan Documents (whether or not an “event of default”
thereunder or under any Second-Lien Loan Document has occurred and is
continuing); or

               (iii) any agreement (not contravening the First-Lien Loan
Documents) between the U.S. First-Lien Collateral Agent and the Parent Borrower
or any other Grantor (x) to release the U.S. First-Lien Collateral Agent’s Lien
on any portion of the Collateral (other than in connection with, or in
anticipation of, a Discharge of First-Lien Credit Agreement Obligations or a
Discharge of First-Lien Obligations) or (y) to release any Grantor from its
obligations under its guaranty of the First-Lien Obligations (other than in
connection with, or in anticipation of, a Discharge of First-Lien Credit
Agreement Obligations or a Discharge of First-Lien Obligations);

there occurs the release by the U.S. First-Lien Collateral Agent, acting on its own or at the
direction of the Required First-Lien Creditors, of any of its Liens on any part of the Collateral,
or of any Grantor from its obligations under its guaranty of the First-Lien Obligations, then the
Liens, if any, of the Second-Lien Collateral Agent, for itself and for the benefit of the
Second-Lien Creditors, on such Collateral, and the obligations of such Grantor under its guaranty
of the Second-Lien Obligations, shall be automatically, unconditionally and simultaneously
released, and the Second-Lien Collateral Agent, for itself or on behalf of any such Second-Lien
Creditors, promptly shall execute and deliver to the U.S. First-Lien Collateral Agent or such
Grantor such termination statements, releases and other documents as U.S. First-Lien Collateral
Agent or such Grantor may request to effectively confirm such release; provided
however that if an “event of default” then exists under the Second-Lien Credit Agreement
and the Discharge of First-Lien Obligations occurs concurrently with any such release, the
Second-Lien Collateral Agent (on behalf of the Second-Lien Creditors) shall be entitled to receive
the residual cash or cash

 

Page 16

equivalents (if any) remaining after giving effect to such release and the
Discharge of the First-Lien Obligations.

          (b) Until the Discharge of First-Lien Obligations occurs, the
Second-Lien Collateral Agent, for itself and on behalf of the Second-Lien
Creditors, hereby irrevocably constitutes and appoints the U.S. First-Lien
Collateral Agent and any officer or agent of the U.S. First-Lien Collateral
Agent, with full power of substitution, as its true and lawful attorney-in-fact
with full irrevocable power and authority in the place and stead of the
Second-Lien Collateral Agent or such other Second-Lien Creditor or in the U.S.
First-Lien Collateral Agent’s own name, from time to time in the U.S. First-Lien
Collateral Agent’s discretion, for the purpose of carrying out the terms of this
Section 5.1, to take any and all appropriate action and to execute any and all
documents and instruments which may be necessary or desirable to accomplish the
purposes of this Section 5.1, including any endorsements or other instruments of
transfer or release.

          (c) If, prior to the Discharge of First-Lien Obligations, a
subordination of the U.S. First-Lien Collateral Agent’s Lien on any Collateral
is permitted (or in good faith believed by the U.S. First-Lien Collateral Agent
to be permitted) under the First-Lien Credit Agreement to another Lien permitted
under the First-Lien Credit Agreement (a “Priority Lien”), then the U.S.
First-Lien Collateral Agent is authorized to execute and deliver a subordination
agreement with respect thereto in form and substance satisfactory to it, and the
Second-Lien Collateral Agent, for itself and on behalf of the Second-Lien
Creditors, shall promptly execute and deliver to such First-Lien Collateral
Agent or the relevant Grantor an identical subordination agreement subordinating
the Liens of the Second-Lien Collateral Agent for the benefit of the Second-Lien
Creditors to such Priority Lien.

          5.2 Insurance. Unless and until the Discharge of First-Lien Obligations has occurred,
the U.S. First-Lien Collateral Agent (acting at the direction of the Required First-Lien Creditors)
shall have the sole and exclusive right, subject to the rights of the Grantors under the First-Lien
Loan Documents, to adjust settlement for any insurance policy covering the Collateral in the event
of any loss thereunder and to approve any award granted in any condemnation or similar proceeding
(or any deed in lieu of condemnation) affecting the Collateral. Unless and until the Discharge of
First-Lien Obligations has occurred, and subject to the rights of the Grantors under the First-Lien
Security Documents, all proceeds of any such policy and any such award (or any payments with
respect to a deed in lieu of condemnation) in respect to the Collateral shall be paid to the U.S.
First-Lien Collateral Agent for the benefit of the First-Lien Creditors pursuant to the terms of
the First-Lien Loan Documents (including, without limitation, for purposes of cash
collateralization of commitments, letters of credit and Hedging Agreements) and, after the
Discharge of First-Lien Obligations has occurred, to the Second-Lien Collateral Agent for the
benefit of the Second-Lien Creditors to the extent required under the Second-Lien Security
Documents and then, to the extent no Second-Lien Obligations are outstanding, to the owner of the
subject property, such other Person as may be entitled thereto or as a court of competent
jurisdiction may otherwise direct. If the Second-Lien Collateral Agent or any other Second-Lien
Creditors shall, at any time, receive any proceeds of any such insurance policy or any such award
or payment in contravention of this Agreement, it shall pay such proceeds over to the U.S.
First-Lien Collateral Agent in accordance with the terms of Section 4.2 of this Agreement.

 

Page 17

          5.3 Amendments to First-Lien Loan Documents and Second-Lien Loan Documents.

          (a) The First-Lien Loan Documents may be amended, restated,
supplemented or otherwise modified in accordance with their terms and the
First-Lien Credit Agreement may be Refinanced, in each case, without notice to,
or the consent of, the Second-Lien Collateral Agent or the other Second-Lien
Creditors, all without affecting the lien subordination or other provisions of
this Agreement; provided, however, that any such amendment, supplement,
modification or Refinancing of the First-Lien Credit Agreement shall not,
without the consent of the Second-Lien Collateral Agent increase the maximum
aggregate principal of Loans and stated amount of Letters of Credit thereunder
to an amount in excess of the Cap Amount.

          (b) Without the prior written consent of the U.S. First-Lien
Collateral Agent (acting at the direction of the Required First-Lien Creditors),
no Second-Lien Loan Document may be amended, supplemented or otherwise modified
or entered into to the extent such amendment, supplement or modification, or the
terms of any new Second-Lien Loan Document, would contravene the provisions of
this Agreement or any First-Lien Loan Document. Each of Holdings, the Parent
Borrower and each other Guarantor agrees that each Second-Lien Security Document
shall include the following language (or language to similar effect approved by
the U.S. First-Lien Collateral Agent):

“Notwithstanding anything herein to the contrary, the lien and security interest granted to
the Second-Lien Collateral Agent pursuant to this Agreement and the exercise of any right or remedy
by the Second-Lien Collateral Agent hereunder are subject to the provisions of the Intercreditor
Agreement, dated as of November 27, 2006 (as amended, restated, supplemented or otherwise modified
from time to time in accordance with the terms thereof, the “Intercreditor Agreement”),
among RSC Holdings II, LLC, RSC Holdings III, LLC, Rental Service Corporation, each other Grantor
party thereto from time to time, Deutsche Bank AG, New York Branch (“DBNY”), as U.S.
First-Lien Collateral Agent and DBNY, as Second-Lien Collateral Agent and certain other persons
party or that may become party thereto from time to time. In the event of any conflict between the
terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement
shall govern and control.”

In addition, each of Holdings, the Parent Borrower and each other Grantor agrees
that each Second-Lien Security Document covering any Collateral shall contain
such other language as the U.S. First-Lien Collateral Agent may reasonably
request to reflect the subordination of such Second-Lien Security Document to
the First-Lien Security Document covering such Collateral.

          (c) In the event the U.S. First-Lien Collateral Agent or the other
First-Lien Creditors and the relevant Grantor(s) enter into any amendment,
waiver or consent in respect of any of the First-Lien Security Documents for the
purpose of adding to, or deleting from, or waiving or consenting to any
departures from any provisions of, any First-Lien Security Document or changing
in any manner the rights of the U.S. First-Lien Collateral Agent, the other
First-Lien Creditors, the Parent Borrower or any other Grantor thereunder, then
such amendment, waiver or consent shall apply automatically to any comparable
provision of the

 

Page 18

Second-Lien Credit Agreement and the Comparable Second-Lien Security Document
without the consent of the Second-Lien Collateral Agent or the other Second-Lien
Creditors and without any action by the Second-Lien Collateral Agent, the Parent
Borrower or any other Grantor, provided, that (A) no such amendment, waiver or
consent shall have the effect of (i) removing assets subject to the Lien of the
Second-Lien Security Documents, except to the extent that a release of such Lien
is permitted by Section 5.1 of this Agreement, (ii) imposing additional duties
on the Second-Lien Collateral Agent without its consent, or (iii) permitting
other liens on the Collateral not permitted under the terms of the Second-Lien
Loan Documents or Section 6 hereof and (B) notice of such amendment, waiver or
consent shall have been given to the Second-Lien Collateral Agent (although the
failure to give any such notice shall in no way affect the effectiveness of any
such amendment, waiver or consent).

          5.4 Rights As Unsecured Creditors. Except as otherwise set forth in
this Agreement, the Second-Lien Collateral Agent and the other Second-Lien
Creditors may exercise rights and remedies as unsecured creditors against
Holdings, the Parent Borrower or any other Grantor that has guaranteed the
Second-Lien Obligations in accordance with the terms of the Second-Lien Loan
Documents and applicable law. Except as otherwise set forth in this Agreement,
nothing in this Agreement shall prohibit the receipt by the Second-Lien
Collateral Agent or any other Second-Lien Creditors of the required payments of
interest and principal on the Second-Lien Obligations so long as such receipt is
not the direct or indirect result of the exercise by the Second-Lien Collateral
Agent or any other Second-Lien Creditor of rights or remedies as a secured
creditor (including set-off) or enforcement in contravention of this Agreement
of any Lien held by any of them. In the event the Second-Lien Collateral Agent
or any other Second-Lien Creditor becomes a judgment lien creditor in respect of
Collateral as a result of its enforcement of its rights as an unsecured
creditor, such judgment lien shall be subordinated to the Liens securing
First-Lien Obligations on the same basis as the other Liens securing the
Second-Lien Obligations are so subordinated to such First-Lien Obligations under
this Agreement. Nothing in this Agreement impairs or otherwise adversely affects
any rights or remedies the First-Lien Collateral Agents or the other First-Lien
Creditors may have with respect to the First-Lien Collateral.

          5.5 Bailee for Perfection.

          (a) The U.S. First-Lien Collateral Agent agrees to acquire and
acknowledges it holds the Pledged Collateral or other Collateral in its
possession or control (or in the possession or control of its agents or bailees)
on behalf of itself and the Second-Lien Collateral Agent and any assignee solely
for the purpose of perfecting the security interest granted under the First-Lien
Loan Documents and the Second-Lien Loan Documents, subject to the terms and
conditions of this Section 5.5.

          (b) Until the Discharge of First-Lien Obligations has occurred, the
U.S. First-Lien Collateral Agent shall be entitled to deal with the Pledged
Collateral in accordance with the terms of the First-Lien Loan Documents as if
the Liens of the Second-Lien Collateral Agent under the Second-Lien Security
Documents did not exist. The rights of the Second-Lien Collateral Agent shall at
all times be subject to the terms of this Agreement and to the U.S. First-Lien
Collateral Agent’s rights under the First-Lien Loan Documents.

 

Page 19

          (c) The U.S. First-Lien Collateral Agent shall have no obligation
whatsoever to the First-Lien Creditors and the Second-Lien Collateral Agent or
any Second-Lien Creditor to assure that the Pledged Collateral is genuine or
owned by any of the Grantors or to preserve rights or benefits of any Person
except as expressly set forth in this Section 5.5. The duties or
responsibilities of the U.S. First-Lien Collateral Agent under this Section 5.5
shall be limited solely to holding the Pledged Collateral as bailee in
accordance with this Section 5.5.

          (d) The U.S. First-Lien Collateral Agent acting pursuant to this
Section 5.5 shall not have by reason of the First-Lien Security Documents, the
Second-Lien Security Documents, this Agreement or any other document a fiduciary
relationship in respect of the First-Lien Creditors, the Second-Lien Collateral
Agent or any other Second-Lien Creditor.

          (e) Upon the Discharge of the First-Lien Obligations, the U.S.
First-Lien Collateral Agent shall deliver the remaining Pledged Collateral (if
any) (or proceeds thereof) together with any necessary endorsements, first, to
the Second-Lien Collateral Agent, if any Second-Lien Obligations remain
outstanding, and second, to the Parent Borrower or the relevant Grantor if no
First-Lien Obligations or Second-Lien Obligations remain outstanding (in each
case, so as to allow such Person to obtain control of such Pledged Collateral).
The U.S. First-Lien Collateral Agent further agrees to take all other action
reasonably requested by such Person in connection with such Person’s obtaining a
first-priority interest in the Collateral or as a court of competent
jurisdiction may otherwise direct.

          5.6 When Discharge of First-Lien Obligations Deemed to Not Have Occurred. If at any
time after the Discharge of First-Lien Obligations has occurred, the Parent Borrower or any other
Grantor immediately thereafter enters into any Refinancing of any First-Lien Loan Document
evidencing a First-Lien Obligation which Refinancing is permitted hereby, then such Discharge of
First-Lien Obligations shall automatically be deemed not to have occurred for all purposes of this
Agreement, and the obligations under such Refinancing First-Lien Loan Document shall automatically
be treated as First-Lien Obligations for all purposes of this Agreement, including for purposes of
the Lien priorities and rights in respect of Collateral set forth herein, and the first-lien
collateral agent under such First-Lien Loan Documents shall be the U.S. First-Lien Collateral Agent
for all purposes of this Agreement. Upon receipt of a notice stating that the Parent Borrower or
any other Grantor has entered into a new First-Lien Loan Document (which notice shall include the
identity of the new agent, such agent, the “New Agent”), the Second-Lien Collateral Agent shall
promptly enter into such documents and agreements (including amendments or supplements to this
Agreement) as the Parent Borrower or any other Grantor or such New Agent may reasonably request in
order to provide to the New Agent the rights contemplated hereby, in each case consistent in all
material respects with the terms of this Agreement.

          5.7 Option to Purchase First-Lien Debt. (a) Without prejudice to the
enforcement of remedies by the First-Lien Creditors, any Person or Persons (in
each case who must meet all eligibility standards contained in all relevant
First-Lien Loan Documents) at any time or from time to time designated by the
holders of more than 50% in aggregate outstanding principal amount of the
Second-Lien Obligations as being entitled to exercise all default purchase
options as to the Second-Lien Obligations then outstanding (an “Eligible
Purchaser”) shall have the right to purchase by way of assignment (and shall
thereby also assume all

 

Page 20

commitments and duties of the First-Lien Creditors), at any time during the exercise period
described in clause (c) below of this Section 5.7, all, but not less than all, of the First-Lien
Obligations (other than the First-Lien Obligations of a Defaulting Creditor), including all
principal of and accrued and unpaid interest and fees on and all prepayment or acceleration
penalties and premiums in respect of all First-Lien Obligations outstanding at the time of
purchase; provided that at the time of (and as a condition to) any purchase pursuant to
this Section 5.7, all commitments pursuant to any then outstanding First-Lien Credit Agreement
shall have terminated and all Hedging Agreements constituting First-Lien Documents shall also have
been terminated in accordance with their terms. Any purchase pursuant to this Section 5.7(a) shall
be made as follows:

          (1) for (x) a purchase price equal to the sum of (A) in the case of
all loans, advances or other similar extensions of credit that constitute
First-Lien Obligations (including unreimbursed amounts drawn in respect of
Letters of Credit, but excluding the undrawn amount of then outstanding
Letters of Credit), the greater of (I) 100% and (II) the then current
market-based price, of the principal amount thereof and all accrued and
unpaid interest thereon through the date of purchase (without regard,
however, to any acceleration prepayment penalties or premiums other than
customary breakage costs), (B) in the case of any Hedging Agreement, the
aggregate amount then owing to each counter party in respect of such
Hedging Agreement thereunder pursuant to the terms of the respective
Hedging Agreement, as the case may be, including without limitation all
amounts owing to such counter party as a result of the termination (or
early termination) thereof plus (C) all accrued and unpaid fees, expenses,
indemnities and other amounts through the date of purchase; and (y) an
obligation on the part of the respective Eligible Purchasers (which shall
be expressly provided in the assignment documentation described below) to
(i) reimburse each issuing lender (or any First-Lien Creditor required to
pay same) for all amounts thereafter drawn with respect to any Letters of
Credit constituting First-Lien Obligations which remain outstanding after
the date of any purchase pursuant to this Section 5.7, together with all
facing fees and other amounts which may at any future time be owing to the
respective issuing lender with respect to such Letters of Credit, and (ii)
pay over to the First-Lien Creditors any amounts recovered by such Eligible
Purchasers on account of any acceleration prepayment premiums or penalties
with respect to the First-Lien Obligations;

          (2) with the purchase price described in preceding clause (a)(1)(x)
payable in cash on the date of purchase against transfer to the respective
Eligible Purchaser or Eligible Purchasers (without recourse and without any
representation or warranty whatsoever, whether as to the enforceability of
any First-Lien Obligation or the validity, enforceability, perfection,
priority or sufficiency of any Lien securing, or guarantee or other
supporting obligation for, any First-Lien Obligation or as to any other
matter whatsoever, except the representation and warranty that the
transferor owns free and clear of all Liens and encumbrances (other than
participation interests not prohibited by the First-Lien Credit Agreement,
in which case the purchase price described in preceding clause (a)(1)(x)
shall be appropriately adjusted so that the Eligible Purchaser or Eligible
Purchasers do not pay amounts represented by any participation interest
which remains in effect), and has the right to convey, whatever claims and
interests it may have in respect of the First-Lien Obligations); provided
that the purchase price in respect of any

 

Page 21

outstanding Letter of Credit that remains undrawn on the date of purchase
shall be payable in cash as and when such Letter of Credit is drawn upon
(i) first, from the cash collateral account described in clause (a)(3)
below, until the amounts contained therein have been exhausted, and (ii)
thereafter, directly by the respective Eligible Purchaser or Eligible
Purchasers;

          (3) with such purchase accompanied by a deposit of cash collateral
under the sole dominion and control of the U.S. First-Lien Collateral Agent
or its designee in an amount equal to 110% of the sum of the aggregate
undrawn amount of all then outstanding Letters of Credit pursuant to the
First-Lien Loan Documents and the aggregate facing and similar fees which
will accrue thereon through the stated maturity of the Letters of Credit
(assuming no drawings thereon before stated maturity), as security for the
respective Eligible Purchaser’s or Eligible Purchasers’ obligation to pay
amounts as provided in preceding clause (a)(1)(y), it being understood and
agreed that (x) at the time any facing or similar fees are owing to an
issuer with respect to any Letter of Credit, the U.S. First-Lien Collateral
Agent may apply amounts deposited with it as described above to pay same
and (y) upon any drawing under any Letter of Credit, the U.S. First-Lien
Collateral Agent shall apply amounts deposited with it as described above
to repay the respective unpaid drawing. After giving effect to any payment
made as described above in this clause (3), those amounts (if any) then on
deposit with the U.S. First-Lien Collateral Agent as described in this
clause (3) which exceed 110% of the sum of the aggregate undrawn amount of
all then outstanding Letters of Credit and the aggregate facing and similar
fees (to the respective issuers) which will accrue thereon through the
stated maturity of the then outstanding Letters of Credit (assuming no
drawings thereon before stated maturity), shall be returned to the
respective Eligible Purchaser or Eligible Purchasers (as their interests
appear). Furthermore, at such time as all Letters of Credit have been
cancelled, expired or been fully drawn, as the case may be, and after all
applications described above have been made, any excess cash collateral
deposited as described above in this clause (3) (and not previously applied
or released as provided above) shall be returned to the respective Eligible
Purchaser or Eligible Purchasers, as their interests appear;

          (4) with the purchase price described in preceding clause (a)(1)(x)
accompanied by a waiver by the Second-Lien Collateral Agent (on behalf of
itself and the other Second-Lien Creditors) of all claims arising out of
this Agreement and the transactions contemplated hereby as a result of
exercising the purchase option contemplated by this Section 5.7;

          (5) with all amounts payable to the various First-Lien Creditors in
respect of the assignments described above to be distributed to them by the
U.S. First-Lien Collateral Agent in accordance with their respective
holdings of the various First-Lien Obligations; and

          (6) with such purchase to be made pursuant to assignment documentation
in form and substance reasonably satisfactory to, and prepared by counsel
for, the U.S. First-Lien Collateral Agent (with the cost of such counsel to
be paid by the Grantors or, if the Grantors do not make such payment, by
the respective Eligible Purchaser or Eligible

 

Page 22

Purchasers, who shall have the right to obtain reimbursement of same from
the Grantors); it being understood and agreed that the U.S. First-Lien
Collateral Agent and each other First-Lien Creditor shall retain all rights
to indemnification as provided in the relevant First-Lien Loan Documents
for all periods prior to any assignment by them pursuant to the provisions
of this Section 5.7 (although the security interests securing same shall,
following such purchase, be subordinated to the security interest of the
Eligible Purchasers making such purchase). The relevant assignment
documentation shall also provide that, if for any reason (other than the
gross negligence or willful misconduct of the U.S. First-Lien Collateral
Agent (as determined by a court of competent jurisdiction in a final and
non-appealable judgment)), the amount of cash collateral held by the U.S.
First-Lien Collateral Agent or its designee pursuant to preceding clause
(a)(3) is at any time less than the full amounts owing with respect to any
Letter of Credit described above (including facing and similar fees) then
the respective Eligible Purchaser or Eligible Purchasers shall promptly
reimburse the U.S. First-Lien Collateral Agent (who shall pay the
respective issuing bank) the amount of deficiency.

          (b) The right to exercise the purchase option described in Section 5.7(a) above shall be
exercisable and legally enforceable upon at least seven Business Days’ prior written notice of
exercise (which notice, once given, shall be irrevocable and fully binding on the respective
Eligible Purchaser or Eligible Purchasers) given to the U.S. First-Lien Collateral Agent by an
Eligible Purchaser. Neither the U.S. First-Lien Collateral Agent nor any other First-Lien Creditor
shall have any disclosure obligation to any Eligible Purchaser, the Second-Lien Collateral Agent or
any other Second-Lien Creditor in connection with any exercise of such purchase option.

          (c) The right to purchase the First-Lien Obligations as described in this Section 5.7 may be
exercised (by giving the irrevocable written notice described in preceding clause (b)) during the
period that (1) begins on the date occurring three Business Days after the first to occur of (x)
the date of the acceleration of the final maturity of the Loans under the First-Lien Credit
Agreement, (y) the occurrence of the final maturity of the Loans under the First-Lien Credit
Agreement or (z) the occurrence of an Insolvency or Liquidation Proceeding with respect to a
First-Lien Borrower (other than RSC Canada or any other Borrower that is incorporated in Canada or
a province thereof) which constitutes an event of default under the First-Lien Credit Agreement (in
each case, so long as the acceleration, failure to pay amounts due at final maturity or such
Insolvency or Liquidation Proceeding constituting an event of default has not been rescinded or
cured within such 10 Business Day Period, and so long as any unpaid amounts constituting First-Lien
Obligations remain owing); provided that if there is any failure to meet the condition
described in the proviso of preceding clause (a) hereof, the aforementioned date shall be extended
until the first date upon which such condition is satisfied and (2) ends on the 90th day after the
start of the period described in clause (1) above.

          (d) The obligations of the First-Lien Creditors to sell their
respective First-Lien Obligations under this Section 5.7 are several and not
joint and several. To the extent any First-Lien Creditor (a “Defaulting
Creditor”) breaches its obligation to sell its First-Lien Obligations under this
Section 5.7, nothing in this Section 5.7 shall be deemed to require the
First-Lien Collateral Agent or any other First-Lien Creditor to purchase such
Defaulting Creditor’s First-Lien Obligations for resale to the holders of
Second-Lien Obligations and in all

 

Page 23

cases, the U.S. First-Lien Collateral Agent and each First-Lien Creditor
complying with the terms of this Section 5.7 shall not be deemed to be in
default of this Agreement or otherwise be deemed liable for any action or
inaction of any Defaulting Creditor; provided that nothing in this clause (d)
shall require any Eligible Purchaser to purchase less than all of the First-Lien
Obligations.

          (e) Each Grantor irrevocably consents to any assignment effected to
one or more Eligible Purchasers pursuant to this Section 5.7 (so long as they
meet all eligibility standards contained in all relevant First-Lien Loan
Documents, other than obtaining the consent of any Grantor to an assignment to
the extent required by such First-Lien Loan Documents) for purposes of all
First-Lien Loan Documents and hereby agrees that no further consent from such
Grantor shall be required.

          SECTION 6. Insolvency or Liquidation Proceedings.

          6.1 Finance and Sale Issues. (a) If the Parent Borrower or any other
Grantor shall be subject to any Insolvency or Liquidation Proceeding and the
U.S. First-Lien Collateral Agent (acting at the direction of the Required
First-Lien Creditors) shall desire to permit the use of Cash Collateral (as
defined in Section 363(a) of the Bankruptcy Code) on which the U.S. First-Lien
Collateral Agent or any other creditor of the Parent Borrower or any other
Grantor has a Lien or to permit the Parent Borrower or any other Grantor to
obtain financing (including on a priming basis), whether from the First-Lien
Creditors or any other third party under Section 362, 363 or 364 of the
Bankruptcy Code or any other Bankruptcy Law (each, a “Post-Petition Financing”),
then the Second-Lien Collateral Agent, on behalf of itself and the Second-Lien
Creditors, and each other Second-Lien Creditor (by its acceptance of the
benefits of the Second-Lien Loan Documents), agrees that it will not oppose or
raise any objection to or contest, or join with or support any third party
opposing, objecting to or contesting (and each Second-Lien Creditor hereby shall
be deemed to have consented to), such use of Cash Collateral or Post-Petition
Financing and will not request adequate protection or any other relief in
connection therewith (except as expressly agreed in writing by the U.S.
First-Lien Collateral Agent or to the extent permitted by Section 6.3 hereof)
and, to the extent the Liens securing the First-Lien Obligations are
subordinated to or pari passu with such Post-Petition Financing, its Liens on
the Collateral shall be deemed to be subordinated, without any further action on
the part of any person or entity, to the Liens securing such Post-Petition
Financing (and all Obligations relating thereto), and the Liens securing the
Second-Lien Obligations shall have the same priority with respect to the
Collateral relative to the Liens securing the First-Lien Obligations as if such
Post-Petition Financing had not occurred.

          (b) The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, and each other Second-Lien Creditor (by its
acceptance of the benefits of the Second-Lien Loan Documents), agrees that it
will raise no objection to, oppose or contest (or join with or support any third
party opposing, objecting to or contesting), a sale or other disposition of any
Collateral free and clear of its Liens or other claims under Section 363 of the
Bankruptcy Code if the First-Lien Creditors have consented to such sale or
disposition of such assets.

 

Page 24

          6.2 Relief from the Automatic Stay. Until the Discharge of First-Lien
Obligations has occurred, the Second-Lien Collateral Agent, on behalf of itself
and the other Second-Lien Creditors, and each other Second-Lien Creditor (by its
acceptance of the benefits of the Second-Lien Loan Documents), agrees that none
of them shall seek relief, pursuant to Section 362(d) of the Bankruptcy Code or
otherwise, from the automatic stay of Section 362(a) of the Bankruptcy Code or
from any other stay in any Insolvency or Liquidation Proceeding in respect of
the Collateral, without the prior written consent of the U.S. First-Lien
Collateral Agent.

          6.3 Adequate Protection. The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, and each other Second-Lien Creditor (by its acceptance of the benefits
of the Second-Lien Loan Documents), agrees that none of them shall (i) oppose, object to or contest
(or join with or support any third party opposing, objecting to or contesting) (a) any request by
the U.S. First-Lien Collateral Agent or the other First-Lien Creditors for adequate protection in
any Insolvency or Liquidation Proceeding (or any granting of such request) or (b) any objection by
the U.S. First-Lien Collateral Agent or the other First-Lien Creditors to any motion, relief,
action or proceeding based on the U.S. First-Lien Collateral Agent or the other First-Lien
Creditors claiming a lack of adequate protection or (ii) seek or accept any form of adequate
protection under any of Sections 362, 363 and/or 364 of the Bankruptcy Code with respect to the
Collateral, except to the extent that, in the sole discretion of the First-Lien Creditors, the
receipt by the Second-Lien Creditors of any such adequate protection would not reduce (or would not
have the effect of reducing) or adversely affect the adequate protection that the First-Lien
Creditors otherwise would be entitled to receive (it being understood that, in any event, (A) no
adequate protection shall be requested or accepted by the Second-Lien Creditors or by the
Second-Lien Collateral Agent on their behalf unless the First-Lien Creditors are satisfied in their
sole discretion with the adequate protection afforded to the First-Lien Creditors, and (B) any such
adequate protection is in the form of a replacement Lien on the Grantors’ assets, such Lien will be
subordinated to the Liens securing the First-Lien Obligations (including any replacement Liens
granted in respect of the First-Lien Obligations) and any Post-Petition Financing (and all
Obligations relating thereto) on the same basis as the other Liens securing the Second-Lien
Obligations are so subordinated to the First-Lien Obligations under this Agreement.

          6.4 No Waiver; Voting Rights. Nothing contained herein shall prohibit
or in any way limit the U.S. First-Lien Collateral Agent or any First-Lien
Creditor from objecting on any basis in any Insolvency or Liquidation Proceeding
or otherwise to any action taken by the Second-Lien Collateral Agent or any
other Second-Lien Creditor, including the seeking by the Second-Lien Collateral
Agent or any other Second-Lien Creditor of adequate protection or the assertion
by the Second-Lien Collateral Agent or any other Second-Lien Creditors of any of
its rights and remedies under the Second-Lien Loan Documents or otherwise. In
any Insolvency or Liquidation Proceeding, neither the Second-Lien Collateral
Agent nor any other Second-Lien Creditor shall (i) oppose, object to, or vote
against any plan of reorganization or disclosure statement, or join with or
support any third party in doing so, to the extent the terms of such plan or
disclosure statement comply with the following clause (ii) and are otherwise
consistent with the rights of the First-Lien Creditors under this Agreement or
(ii) support or vote for any plan of reorganization or disclosure statement of
any Grantor unless (x) such plan provides for the payment in full in cash of all
First-Lien Obligations (including all post-petition interest, fees and

 

Page 25

expenses as provided in Section 6.6 hereof) on the effective date of such plan of reorganization,
or (y) such plan provides on account of the First-Lien Obligations for the retention by the U.S.
First-Lien Collateral Agent, for the benefit of the First-Lien Creditors, of the Liens on the
Collateral securing the First-Lien Obligations, and on all proceeds thereof, and such plan also
provides that any Liens retained by, or granted to, the Second-Lien Collateral Agent are only on
assets or property securing the First-Lien Obligations and shall have the same relative priority
with respect to the Collateral or other assets or property, respectively, as provided in this
Agreement with respect to the Collateral, and to the extent such plan provides for deferred cash
payments, or for the distribution of any other property of any kind or nature, on account of the
First-Lien Obligations or the Second-Lien Obligations, such plan provides that any such deferred
cash payments or other distributions in respect of the Second-Lien Obligations shall be delivered
to the U.S. First-Lien Collateral Agent and distributed in accordance with the priorities provided
in Section 4.1(a) hereof, it being understood that, in the event that any plan is proposed by any
debtor, creditor, or other party in interest in any such Insolvency or Liquidation Proceeding that
is inconsistent with or purports to alter the provisions of this Agreement (including the
provisions of Section 4.1(a) hereof and the priority of application of the proceeds of Collateral
set forth therein), the U.S. First-Lien Collateral Agent shall be deemed to have been granted, as
of the date hereof, an irrevocable power of attorney to vote the claims of the Second-Lien
Creditors against any such plan, with such appointment being coupled with an interest, and the U.S.
First-Lien Collateral Agent shall be deemed the “holder” of such claims within the meaning of
Section 1126(a) of the Bankruptcy Code. Except as provided in this Section 6, the Second-Lien
Creditors shall remain entitled to vote their claims in any such Insolvency or Liquidation
Proceeding.

          6.5 Preference Issues. If any First-Lien Creditor is required in any
Insolvency or Liquidation Proceeding or otherwise to turn over or otherwise pay
to the estate of the Parent Borrower or any other Grantor any amount (a
“Recovery”), then the First-Lien Obligations shall be reinstated to the extent
of such Recovery and the First-Lien Creditors shall be entitled to a
reinstatement of First-Lien Obligations with respect to all such recovered
amounts. If this Agreement shall have been terminated prior to such Recovery,
this Agreement shall be reinstated in full force and effect, and such prior
termination shall not diminish, release, discharge, impair or otherwise affect
the obligations of the parties hereto from such date of reinstatement. Any
amounts received by the Second-Lien Collateral Agent or any Second-Lien Creditor
on account of the Second-Lien Obligations after the termination of this
Agreement shall, in the event of a reinstatement of this Agreement pursuant to
this Section 6.5, be held in trust for and paid over to the U.S. First-Lien
Collateral Agent for the benefit of the First-Lien Creditors, for application to
the reinstated First-Lien Obligations. This Section 6.5 shall survive
termination of this Agreement.

          6.6 Post-Petition Interest.

          (a) Neither the Second-Lien Collateral Agent nor any other Second-Lien
Creditor shall oppose or seek to challenge any claim by the U.S. First-Lien
Collateral Agent or any First-Lien Creditor for allowance in any Insolvency or
Liquidation Proceeding of First-Lien Obligations consisting of post-petition
interest, fees or expenses. Regardless of whether any such claim for
post-petition interest, fees or expenses is allowed or allowable, and without
limiting the generality of the other provisions of this Agreement, this
Agreement expressly is

 

Page 26

intended to include and does include the “rule of explicitness” in that this
Agreement expressly entitles the First-Lien Creditors, and is intended to
provide the First-Lien Creditors with the right, to receive payment of all
post-petition interest, fees or expenses through distributions made pursuant to
the provisions of this Agreement even though such interest, fees and expenses
are not allowed or allowable against the bankruptcy estate of the Parent
Borrower or any other Grantor under Section 502(b)(2) or Section 506(b) of the
Bankruptcy Code or under any other provision of the Bankruptcy Code or any other
Bankruptcy Law.

          (b) Without limiting the foregoing, it is the intention of the parties
hereto that (and to the maximum extent permitted by law the parties hereto agree
that) the First-Lien Obligations (and the security therefor) constitute a
separate and distinct class (and separate and distinct claims) from the
Second-Lien Obligations (and the security therefor).

          6.7 Waiver. The Second-Lien Collateral Agent, for itself and on behalf
of the other Second-Lien Creditors, waives any claim it may hereafter have
against any First-Lien Creditor arising out of the election by any First-Lien
Creditor of the application to the claims of any First-Lien Creditor of Section
1111(b)(2) of the Bankruptcy Code, and/or out of any Cash Collateral or
Post-Petition Financing arrangement or out of any grant of a security interest
in connection with the Collateral in any Insolvency or Liquidation Proceeding.

          6.8 Limitations. So long as the Discharge of First-Lien Obligations
has not occurred, without the express written consent of the U.S. First-Lien
Collateral Agent, none of the Second-Lien Creditors shall (or shall join with or
support any third party making, opposing, objecting or contesting, as the case
may be), in any Insolvency or Liquidation Proceeding involving any Grantor, (i)
make an election for application to its claims of Section 1111(b)(2) of the
Bankruptcy Code, (ii) oppose, object to or contest the determination of the
extent of any Liens held by any of the First-Lien Creditors or the value of any
claims of First-Lien Creditors under Section 506(a) of the Bankruptcy Code or
(iii) oppose, object to or contest the payment to the First-Lien Creditors of
interest, fees or expenses under Section 506(b) of the Bankruptcy Code.

          SECTION 7. Reliance; Waivers; Etc.

          7.1 Reliance. Other than any reliance on the terms of this Agreement,
the U.S. First-Lien Collateral Agent, on behalf of itself and the First-Lien
Creditors under the First-Lien Loan Documents, acknowledges that it and the
other First-Lien Creditors have, independently and without reliance on the
Second-Lien Collateral Agent or any other Second-Lien Creditor, and based on
documents and information deemed by them appropriate, made their own credit
analysis and decision to enter into such First-Lien Documents and be bound by
the terms of this Agreement and they will continue to make their own credit
decision in taking or not taking any action under any First-Lien Document and
this Agreement. The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, acknowledges that it and the Second-Lien Creditors
have, independently and without reliance on the U.S. First-Lien Collateral Agent
or any other First-Lien Creditor, and based on documents and information deemed
by them appropriate, made their own credit analysis and decision to enter into
each of the Second-Lien Loan Documents and be bound by the terms of this
Agreement and they will

 

Page 27

continue to make their own credit decision in taking or not taking any action
under the Second-Lien Loan Documents and this Agreement.

          7.2 No Warranties or Liability. The U.S. First-Lien Collateral Agent,
on behalf of itself and the First-Lien Creditors under the First-Lien Documents,
acknowledges and agrees that each of the Second-Lien Collateral Agent and the
other Second-Lien Creditors have made no express or implied representation or
warranty, including with respect to the execution, validity, legality,
completeness, collectibility or enforceability of any of the Second-Lien Loan
Documents, the ownership of any Collateral or the perfection or priority of any
Liens thereon. The Second-Lien Creditors will be entitled to manage and
supervise their respective loans and extensions of credit under the Second-Lien
Loan Documents in accordance with law and as they may otherwise, in their sole
discretion, deem appropriate. The Second-Lien Collateral Agent, on behalf of
itself and the Second-Lien Creditors, acknowledges and agrees that each of the
U.S. First-Lien Collateral Agent and the other First-Lien Creditors have made no
express or implied representation or warranty, including with respect to the
execution, validity, legality, completeness, collectibility or enforceability of
any of the First-Lien Documents, the ownership of any Collateral or the
perfection or priority of any Liens thereon. The First-Lien Creditors will be
entitled to manage and supervise their respective loans and extensions of credit
under their respective First-Lien Documents in accordance with law and as they
may otherwise, in their sole discretion, deem appropriate. The Second-Lien
Collateral Agent and the other Second-Lien Creditors shall have no duty to the
U.S. First-Lien Collateral Agent or any of the other First-Lien Creditors, and
the U.S. First-Lien Collateral Agent and the other First-Lien Creditors shall
have no duty to the Second-Lien Collateral Agent or any of the other Second-Lien
Creditors, to act or refrain from acting in a manner which allows, or results
in, the occurrence or continuance of an event of default or default under any
agreements with Holdings, the Parent Borrower or any other Grantor (including
under the First-Lien Documents and the Second-Lien Loan Documents), regardless
of any knowledge thereof which they may have or be charged with.

          7.3 No Waiver of Lien Priorities.

          (a) No right of the First-Lien Creditors, the U.S. First-Lien
Collateral Agent or any of them to enforce any provision of this Agreement or
any First-Lien Document shall at any time in any way be prejudiced or impaired
by any act or failure to act on the part of Holdings, the Parent Borrower or any
other Grantor or by any act or failure to act by any First-Lien Creditor or the
U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the
terms, provisions and covenants of this Agreement, any of the First-Lien
Documents or any of the Second-Lien Loan Documents, regardless of any knowledge
thereof which the U.S. First-Lien Collateral Agent or the other First-Lien
Creditors, or any of them, may have or be otherwise charged with.

          (b) Without in any way limiting the generality of the foregoing
paragraph (but subject to the rights of the Parent Borrower, RSC Canada and the
other Grantors under the First-Lien Documents), the First-Lien Creditors, the
U.S. First-Lien Collateral Agent and any of them may, at any time and from time
to time in accordance with the First-Lien Documents and/or applicable law,
without the consent of, or notice to, the Second-Lien Collateral Agent or any
other Second-Lien Creditor, without incurring any liabilities to the Second-Lien
Collateral Agent or any other Second-Lien Creditor and without impairing or
releasing the Lien priorities and

 

Page 28

other benefits provided in this Agreement (even if any right of subrogation or
other right or remedy of the Second-Lien Collateral Agent or any Second-Lien
Creditors is affected, impaired or extinguished thereby) do any one or more of
the following:

          (i) make loans and advances to any Grantor or issue,
guaranty or obtain letters of credit for account of any Grantor or
otherwise extend credit to any Grantor, in any amount and on any
terms, whether pursuant to a commitment or as a discretionary advance
and whether or not any default or event of default or failure of
condition is then continuing;

          (ii) change the manner, place or terms of payment or change
or extend the time of payment of, or amend, renew, exchange, increase
or alter, the terms of any of the First-Lien Obligations or any Lien
on any First-Lien Collateral or guaranty thereof or any liability of
the Parent Borrower or any other Grantor, or any liability incurred
directly or indirectly in respect thereof (including any increase in
or extension of the First-Lien Obligations, without any restriction as
to the amount, tenor or terms of any such increase or extension) or
otherwise amend, renew, exchange, extend, modify or supplement in any
manner any Liens held by the First-Lien Collateral Agents or any of
the First-Lien Creditors, the First-Lien Obligations or any of the
First-Lien Documents;

          (iii) sell, exchange, release, surrender, realize upon,
enforce or otherwise deal with in any manner and in any order any part
of the First-Lien Collateral or any liability of the Parent Borrower
or any other Grantor to the First-Lien Creditors or the U.S.
First-Lien Collateral Agent, or any liability incurred directly or
indirectly in respect thereof;

          (iv) settle or compromise any First-Lien Obligation or any
other liability of the Parent Borrower or any other Grantor or any
security therefor or any liability incurred directly or indirectly in
respect thereof and apply any sums by whomsoever paid and however
realized to any liability (including the First-Lien Obligations) in
any manner or order;

          (v) exercise or delay in or refrain from exercising any
right or remedy against the Parent Borrower or any other Grantor or
any other Person or with respect to any security, elect any remedy and
otherwise deal freely with the Parent Borrower, any other Grantor or
any First-Lien Collateral and any security and any guarantor or any
liability of the Parent Borrower or any other Grantor to the
First-Lien Creditors or any liability incurred directly or indirectly
in respect thereof; and

          (vi) release or discharge any First-Lien Obligation or any
guaranty thereof or any agreement or obligation of any Grantor or any
other person or entity with respect thereto.

          (c) The Second-Lien Collateral Agent, on behalf of itself and the
other Second-Lien Creditors, and each other Second-Lien Creditor (by its
acceptance of the benefits of

 

Page 29

the Second-Lien Loan Documents), agrees not to assert and hereby waives, to the
fullest extent permitted by law, any right to demand, request, plead or
otherwise assert or otherwise claim the benefit of, any marshalling, appraisal,
valuation or other similar right that may otherwise be available under
applicable law with respect to the Collateral or any other similar rights a
junior secured creditor may have under applicable law.

          7.4 Waiver of Liability; Indemnity.

          (a) The Second-Lien Collateral Agent, on behalf of itself and the other Second-Lien Creditors,
also agrees that the First-Lien Creditors and the U.S. First-Lien Collateral Agent shall have no
liability to the Second-Lien Collateral Agent or any other Second-Lien Creditors, and the
Second-Lien Collateral Agent, on behalf of itself and the Second-Lien Creditors, hereby waives any
claim against any First-Lien Creditor or the U.S. First-Lien Collateral Agent, arising out of any
and all actions which the First-Lien Creditors or the U.S. First-Lien Collateral Agent may take or
permit or omit to take with respect to: (i) the First-Lien Documents (including, without
limitation, any failure to perfect or obtain perfected security interests in the First-Lien
Collateral), (ii) the collection of the First-Lien Obligations or (iii) the foreclosure upon, or
sale, liquidation or other disposition of, any First-Lien Collateral. The Second-Lien Collateral
Agent, on behalf of itself and the other Second-Lien Creditors, agrees that the First-Lien
Creditors and the U.S. First-Lien Collateral Agent have no duty, express or implied, fiduciary or
otherwise, to them in respect of the maintenance or preservation of the First-Lien Collateral, the
First-Lien Obligations or otherwise. Neither the U.S. First-Lien Collateral Agent nor any other
First-Lien Creditor nor any of their respective directors, officers, employees or agents will be
liable for failure to demand, collect or realize upon any of the Collateral or for any delay in
doing so, or will be under any obligation to sell or otherwise dispose of any Collateral upon the
request of the Borrower or any other Grantor or upon the request of the Second-Lien Collateral
Agent, any other holder of Second-Lien Obligations or any other Person or to take any other action
whatsoever with regard to the Collateral or any part thereof. Without limiting the foregoing, each
Second-Lien Creditor by accepting the benefits of the Second-Lien Security Documents agrees that
neither the U.S. First-Lien Collateral Agent nor any other First-Lien Creditor (in directing the
Collateral Agent to take any action with respect to the Collateral) shall have any duty or
obligation to realize first upon any type of Collateral or to sell, dispose of or otherwise
liquidate all or any portion of the Collateral in any manner, including as a result of the
application of the principles of marshaling or otherwise, that would maximize the return to any
class of Creditors holding Obligations of any type (whether First-Lien Obligations or Second-Lien
Obligations), notwithstanding that the order and timing of any such realization, sale, disposition
or liquidation may affect the amount of proceeds actually received by such class of Creditors from
such realization, sale, disposition or liquidation.

          (b) With respect to its share of the Obligations, Deutsche Bank AG,
New York Branch (“Bank”) shall have and may exercise the same rights and powers
hereunder as, and shall be subject to the same obligations and liabilities as
and to the extent set forth herein for, any other Creditor, all as if Bank were
not the U.S. First-Lien Collateral Agent or the Second-Lien Collateral Agent.
The term “Creditors” or any similar term shall, unless the context clearly
otherwise indicates, include Bank in its individual capacity as a Creditor. Bank
and its affiliates may lend money to, and generally engage in any kind of
business with, the Grantors or any of

 

Page 30

their Affiliates as if Bank were not acting as the U.S. First-Lien Collateral
Agent or Second-Lien Collateral Agent and without any duty to account therefor
to any other Creditor.

          7.5 Obligations Unconditional. All rights, interests, agreements and
obligations of the U.S. First-Lien Collateral Agent and the other First-Lien
Creditors and the Second-Lien Collateral Agent and the other Second-Lien
Creditors, respectively, hereunder (including the Lien priorities established
hereby) shall remain in full force and effect irrespective of:

          (a) any lack of validity or enforceability of any First-Lien
Document or any Second-Lien Loan Document;

          (b) any change in the time, manner or place of payment of,
or in any other terms of, all or any of the First-Lien Obligations or
Second-Lien Obligations, or any amendment or waiver or other
modification, including any increase in the amount thereof, whether by
course of conduct or otherwise, of the terms of any First-Lien
Document or any Second-Lien Loan Document;

          (c) any exchange of any security interest in any Collateral
or any other collateral, or any amendment, waiver or other
modification, whether in writing or by course of conduct or otherwise,
of all or any of the First-Lien Obligations or Second-Lien Obligations
or any guarantee thereof;

          (d) the commencement of any Insolvency or Liquidation
Proceeding in respect of the Parent Borrower or any other Grantor; or

          (e) any other circumstances which otherwise might constitute
a defense available to, or a discharge of, the Parent Borrower or any
other Grantor in respect of the First-Lien Obligations, or of the
Second-Lien Collateral Agent or any Second-Lien Creditor in respect of
this Agreement.

          SECTION 8. Miscellaneous.

          8.1 Conflicts. In the event of any conflict between the provisions of
this Agreement and the provisions of the First-Lien Documents or the Second-Lien
Loan Documents, the provisions of this Agreement shall govern and control.

          8.2 Effectiveness; Continuing Nature of this Agreement; Severability.
This Agreement shall become effective when executed and delivered by the parties
hereto. This is a continuing agreement of lien subordination and the First-Lien
Creditors may continue, at any time and without notice to the Second-Lien
Collateral Agent or any other Second-Lien Creditor, to extend credit and other
financial accommodations and lend monies to or for the benefit of the Parent
Borrower or any other Grantor constituting First-Lien Obligations in reliance
hereon. The Second-Lien Collateral Agent, on behalf of itself and the other
Second-Lien Creditors, hereby waives any right it may have under applicable law
to revoke this Agreement or any of the provisions of this Agreement. The terms
of this Agreement shall survive, and shall continue in full force and effect, in
any Insolvency or Liquidation Proceeding. Without limiting the generality of the
foregoing, this Agreement is intended to constitute and shall be deemed to

 

Page 31

constitute a “subordination agreement” within the meaning of Section 510(a) of
the Bankruptcy Code and is intended to be and shall be interpreted to be
enforceable to the maximum extent permitted pursuant to applicable nonbankruptcy
law. Any provision of this Agreement which is prohibited or unenforceable in any
jurisdiction shall not invalidate the remaining provisions hereof, and any such
prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. All references to
the Parent Borrower or any other Grantor shall include the Parent Borrower or
such Grantor as debtor and debtor-in-possession and any receiver or trustee for
the Parent Borrower or any other Grantor (as the case may be) in any Insolvency
or Liquidation Proceeding. This Agreement shall terminate and be of no further
force and effect, (i) with respect to the Second-Lien Collateral Agent, the
other Second-Lien Creditors and the Second-Lien Obligations, upon the later of
(1) the date upon which the obligations under the Second-Lien Credit Agreement
terminate if there are no other Second-Lien Obligations outstanding on such date
and (2) if there are other Second-Lien Obligations outstanding on such date, the
date upon which such Second-Lien Obligations terminate and (ii) with respect to
the U.S. First-Lien Collateral Agent, the other First-Lien Creditors and the
First-Lien Obligations, the date of the Discharge of First-Lien Obligations,
subject to the rights of the First-Lien Creditors under Section 6.5.

          8.3 Amendments; Waivers. No amendment, modification or waiver of any of the provisions
of this Agreement by the Second-Lien Collateral Agent or the U.S. First-Lien Collateral Agent shall
be made unless the same shall be in writing signed on behalf of each party hereto; provided
that (x) the U.S. First-Lien Collateral Agent (at the direction of the Required First-Lien
Creditors) may, without the written consent of any other Creditor, agree to modifications of this
Agreement for the purpose of securing additional extensions of credit (including pursuant to the
First-Lien Credit Agreement or any Refinancing or extension thereof) and adding new creditors as
“First-Lien Creditors” and “Creditors” hereunder, so long as such extensions (and
resulting additions) do not otherwise give rise to a violation of the express terms of the
First-Lien Credit Agreement or the Second-Lien Credit Agreement and (y) additional Grantors may be
added as parties hereto in accordance with the provisions of Section 8.18 of this Agreement. Each
waiver of the terms of this Agreement, if any, shall be a waiver only with respect to the specific
instance involved and shall not impair the rights of the parties making such waiver or the
obligations of the other parties to such party in any other respect or at any other time.
Notwithstanding the foregoing, no Grantor shall have any right to consent to or approve any
amendment, modification or waiver of any provision of this Agreement except to the extent its
rights, interests, liabilities or privileges are directly affected.

          8.4 Information Concerning Financial Condition of Holdings and its Subsidiaries. The U.S. First-Lien Collateral Agent and the First-Lien Creditors,
on the one hand, and the Second-Lien Collateral Agent and the other Second-Lien
Creditors, on the other hand, shall each be responsible for keeping themselves
informed of (a) the financial condition of Holdings and its Subsidiaries and all
endorsers and/or guarantors of the First-Lien Obligations or the Second-Lien
Obligations and (b) all other circumstances bearing upon the risk of nonpayment
of the First-Lien Obligations or the Second-Lien Obligations. The U.S.
First-Lien Collateral Agent and the other First-Lien Creditors shall have no
duty to advise the Second-Lien Collateral Agent or any other Second-Lien
Creditor of information known to it or them regarding such condition or any such
circumstances or otherwise. In the event the U.S. First-Lien Collateral Agents
or any of the other First-Lien Creditors, in its or their sole discretion,

 

Page 32

undertakes at any time or from time to time to provide any such information to
the Second-Lien Collateral Agent or any other Second-Lien Creditor, it or they
shall be under no obligation (w) to make, and the U.S. First-Lien Collateral
Agent and the other First-Lien Creditors shall not make, any express or implied
representation or warranty, including with respect to the accuracy,
completeness, truthfulness or validity of any such information so provided, (x)
to provide any additional information or to provide any such information on any
subsequent occasion, (y) to undertake any investigation or (z) to disclose any
information which, pursuant to accepted or reasonable commercial finance
practices, such party wishes to maintain confidential or is otherwise required
to maintain confidential.

          8.5 Subrogation. Subject to the Discharge of First-Lien Obligations,
with respect to the value of any payments or distributions in cash, property or
other assets that the Second-Lien Creditors or Second-Lien Collateral Agent pay
over to the U.S. First-Lien Collateral Agent or any of the other First-Lien
Creditors under the terms of this Agreement, the Second-Lien Creditors and the
Second-Lien Collateral Agent shall be subrogated to the rights of the U.S.
First-Lien Collateral Agent and such other First-Lien Creditors;
provided that,
the Second-Lien Collateral Agent, on behalf of itself and the Second-Lien
Creditors, hereby agrees not to assert or enforce all such rights of subrogation
it may acquire as a result of any payment hereunder until the Discharge of
First-Lien Obligations has occurred. Each of Holdings, the Parent Borrower and
each other Grantor acknowledges and agrees that, the value of any payments or
distributions in cash, property or other assets received by the Second-Lien
Collateral Agent or the other Second-Lien Creditors and paid over to the U.S.
First-Lien Collateral Agent or the other First-Lien Creditors pursuant to, and
applied in accordance with, this Agreement, shall not relieve or reduce any of
the Obligations owed by the Parent Borrower or any other Grantor under the
Second-Lien Loan Documents.

          8.6 Application of Payments. All payments received by the U.S.
First-Lien Collateral Agent or the other First-Lien Creditors may be applied,
reversed and reapplied, in whole or in part, to such part of the First-Lien
Obligations as the First-Lien Creditors, in their sole discretion, deem
appropriate. The Second-Lien Collateral Agent, on behalf of itself and the
Second-Lien Creditors, assents to any extension or postponement of the time of
payment of the First-Lien Obligations or any part thereof and to any other
indulgence with respect thereto, to any substitution, exchange or release of any
security which may at any time secure any part of the First-Lien Obligations and
to the addition or release of any other Person primarily or secondarily liable
therefor.

          8.7 SUBMISSION TO JURISDICTION; WAIVERS. (a) EACH PARTY HERETO HEREBY
IRREVOCABLY AND UNCONDITIONALLY:

               (i) SUBMITS FOR ITSELF AND ITS PROPERTY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT, OR FOR RECOGNITION AND ENFORCEMENT OF ANY
JUDGMENT IN RESPECT THEREOF, TO THE NON-EXCLUSIVE GENERAL JURISDICTION OF THE
COURTS OF THE STATE OF NEW YORK, THE COURTS OF THE UNITED STATES OF AMERICA
LOCATED IN THE COUNTY OF NEW YORK, AND APPELLATE COURTS FROM ANY THEREOF;

 

Page 33

               (ii) CONSENTS THAT ANY SUCH ACTION OR PROCEEDING MAY BE BROUGHT
IN SUCH COURTS AND WAIVES ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE
VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR
PROCEEDING WAS BROUGHT IN AN INCONVENIENT FORUM AND AGREES NOT TO PLEAD OR CLAIM
THE SAME;

               (iii) AGREES THAT SERVICE OF PROCESS IN ANY SUCH ACTION OR
PROCEEDING MAY BE EFFECTED BY MAILING A COPY THEREOF BY REGISTERED OR CERTIFIED
MAIL (OR ANY SUBSTANTIALLY SIMILAR FORM OF MAIL), POSTAGE PREPAID, TO THE
APPLICABLE PARTY HERETO AT THE ADDRESS SET FORTH ACROSS SUCH PARTY’S SIGNATURE
HERETO OR AT SUCH OTHER ADDRESS OF WHICH SUCH PARTY SHALL HAVE BEEN NOTIFIED IN
ACCORDANCE WITH SECTION 8.8 HEREOF PURSUANT;

               (iv) AGREES THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT
SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT THE RIGHT
TO SUE IN ANY OTHER JURISDICTION; AND

               (v) WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY
RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY LEGAL ACTION OR PROCEEDING REFERRED
TO IN THIS SUBSECTION ANY CONSEQUENTIAL OR PUNITIVE DAMAGES.

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

          8.8 Notices. All notices to the Second-Lien Creditors and the
First-Lien Creditors permitted or required under this Agreement may be sent to
the Second-Lien Collateral Agent and the U.S. First-Lien Collateral Agent,
respectively. Unless otherwise specifically provided herein, any notice or other
communication herein required or permitted to be given shall be in writing and
may be personally served, sent by courier service or U.S. mail or sent by means
of telecopy and shall be deemed to have been duly given or made when delivered
by hand, or three days after being deposited in the mail, postage prepaid, or,
in the case of telecopy notice, when received, or, in the case of delivery by a
nationally recognized overnight courier, when received. For the purposes hereof,
the addresses of the parties hereto shall be as set across each party’s
signature hereto, or, as to each party, at such other address as may be
designated by such party in a written notice to all of the other parties.

          8.9 Further Assurances. Each of the U.S. First-Lien Collateral Agent,
on behalf of itself and the First-Lien Creditors under the First-Lien Documents,
the Second-Lien Collateral Agent, on behalf of itself and the Second-Lien
Creditors, Holdings, the Parent Borrower and each Grantor, agrees that each of
them shall take such further action and shall execute and deliver such
additional documents and instruments (in recordable form, if requested) as the
U.S. First-Lien Collateral Agent or the Second-Lien Collateral Agent may
reasonably

 

Page 34

request to effectuate the terms of and the lien priorities contemplated by this
Agreement. Each Second-Lien Creditor, by its acceptance of the benefits of the
Second-Lien Loan Documents, agrees to be bound by the agreements herein made by
it and the Second-Lien Collateral Agent, on its behalf.

          8.10 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          8.11 Binding on Successors and Assigns. This Agreement shall be
binding upon the U.S. First-Lien Collateral Agent, the other First-Lien
Creditors, the Second-Lien Collateral Agent, the other Second-Lien Creditors and
their respective successors and assigns.

          8.12 Specific Performance. Each of the U.S. First-Lien Collateral
Agent and the Second-Lien Collateral Agent may demand specific performance of
this Agreement. Each of the U.S. First-Lien Collateral Agent, on behalf of
itself and the First-Lien Creditors under the First-Lien Documents, and the
Second-Lien Collateral Agent, on behalf of itself and the other Second-Lien
Creditors, hereby irrevocably waives any defense based on the adequacy of a
remedy at law and any other defense which might be asserted to bar the remedy of
specific performance in any action which may be brought by the U.S. First-Lien
Collateral Agent or the Second-Lien Collateral Agent, as the case may be.

          8.13 Headings. Section headings in this Agreement are included herein
for convenience of reference only and shall not constitute a part of this
Agreement for any other purpose or be given any substantive effect.

          8.14 Counterparts. This Agreement may be executed in counterparts (and
by different parties hereto in different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract. Delivery of an executed counterpart of a signature page of this
Agreement or any document or instrument delivered in connection herewith by
telecopy (or other electronic transmission, i.e. “pdf”) shall be effective as
delivery of a manually executed counterpart of this Agreement or such other
document or instrument, as applicable.

          8.15 Authorization. By its signature, each Person executing this
Agreement on behalf of a party hereto represents and warrants to the other
parties hereto that it is duly authorized to execute this Agreement. Each
Second-Lien Creditor, by its acceptance of the benefits of the Second-Lien Loan
Documents, agrees to be bound by the agreements made herein.

          8.16 No Third Party Beneficiaries; Effect of Agreement. This Agreement
and the rights and benefits hereof shall inure to the benefit of each of the
parties hereto and its respective successors and assigns and shall inure to the
benefit of each of the First-Lien Creditors and the Second-Lien Creditors. No
other Person shall have or be entitled to assert rights or benefits hereunder.
Nothing in this Agreement shall impair, as between each of the Grantors and the
U.S. First-Lien Collateral Agent and the First-Lien Creditors, on the one hand,
and each of

 

Page 35

the Grantors and the Second-Lien Collateral and the Second-Lien Creditors, on
the other hand, the obligations of each Grantor to pay principal, interest, fees
and other amounts as provided in the First-Lien Documents and the Second-Lien
Loan Documents, respectively.

          8.17 Provisions Solely to Define Relative Rights. The provisions of
this Agreement are and are intended solely for the purpose of defining the
relative rights of the First-Lien Creditors on the one hand and the Second-Lien
Creditors on the other hand. None of the Parent Borrower, any other Grantor or
any other creditor thereof shall have any rights hereunder. Nothing in this
Agreement is intended to or shall impair the obligations of the Parent Borrower
or any other Grantor, which are absolute and unconditional, to pay the
First-Lien Obligations and the Second-Lien Obligations as and when the same
shall become due and payable in accordance with their terms.

          8.18 Grantors; Additional Grantors. It is understood and agreed that
Holdings, the Parent Borrower and each other Grantor on the date of this
Agreement shall constitute the original Grantors hereto. The original Grantors
hereby covenant and agree to cause each Subsidiary of Holdings which becomes a
Subsidiary Guarantor after the date hereof to contemporaneously become a party
hereto (as a Grantor) by executing delivering a counterpart hereof to the U.S.
First-Lien Collateral Agent or by executing and delivering an assumption
agreement in form and substance reasonably satisfactory to the U.S. First-Lien
Collateral Agent. The parties hereto further agree that, notwithstanding any
failure to take the actions required by the immediately preceding sentence, each
Person which becomes a Subsidiary Guarantor at any time (and any security
granted by any such Person) shall be subject to the provisions hereof as fully
as if same constituted a Grantor party hereto and had complied with the
requirements of the immediately preceding sentence.

          8.19 Exclusive Collateral. (a) For avoidance of doubt, it is
understood and agreed that RSC Canada, the other the Canadian Borrowers (as
defined in the First-Lien Credit Agreement) and various Canadian Subsidiaries
that guarantee (or may in the future guarantee) First-Lien Obligations incurred
by RSC Canada and such other Canadian Borrowers and Canadian Subsidiaries have
granted (or in the future shall grant) security interests in certain of their
property securing only their First-Lien Obligations (the “First-Lien Exclusive
Collateral”), and that as of the date of this Agreement, no such security
interests have been provided by RSC Canada, any other Canadian Borrowers or any
other such Canadian Subsidiaries to secure any Second-Lien Obligations. It is
understood and agreed by all parties hereto that this Agreement (other than
Sections 2.2, 2.3 and provisions dealing with First-Lien Exclusive Collateral)
does not apply to any security interests granted by RSC Canada, the other
Canadian Borrowers or any other Canadian Subsidiary to secure such First-Lien
Obligations, and that any assets or property pledged by RSC Canada, the other
Canadian Borrowers or any other Canadian Subsidiary to secure (or which are
subject to a Lien to secure) any First-Lien Obligations shall not be subject to
the terms or provisions of this Agreement (and shall not require that parallel
security interests be granted in support of the Second-Lien Obligations).

 

  

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

	 	 	 	 	 	 	 
	 	 	First-Lien Collateral Agent	 	 
	 
	 	 	 	 	 	 
	Notice Address:

60 Wall Street

New York, New York 10005

	 	 DEUTSCHE BANK AG, NEW YORK BRANCH,

in its capacity as U.S. First-Lien
Collateral Agent

By:	 	 
	 

	 	 	 	 	 	 
	Telephone: (212) 250-6150

Telecopier: (212) 797-4655

Attention: Marguerite Sutton

	 	 	 	Name:	 	 
	 	 	 	Title:	 	 
	 	 	 	 	 	 
	 	By:	 	 	 	 
	 	 	 	 

Name:
	 	 
	 	 	 	Title:	 	 
	 	 	 	 	 	 
	 	 	Second-Lien Collateral Agent	 	 
	 
	 	 	 	 	 	 
	Notice Address:

60 Wall Street

New York, New York 10005

Telephone: (212) 250-6150

Telecopier: (212) 797-4655

	 	DEUTSCHE BANK AG, NEW YORK BRANCH,

in its capacity as Second-Lien
Collateral Agent

By:	 	 
	Attention: Marguerite Sutton

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

	 	 	 	 	 	 	 
	 	 	RSC HOLDINGS II, LLC	 	 
	 
	 	 	 	 	 	 
	Notice Address:

	 	By:	 	 	 	 
	
6929 East Greenway Parkway, Suite 200

Scottsdale, Arizona 85254

	 	 	 	 

Name:

Title:
	 	 
	Telephone: (800) 222-7777

Telecopier: (480) 647-2412

Attention: Kevin Laughlin, Vice

                 President and Treasurer
	 	 	 	 	 	 
	 	 	RENTAL SERVICES CORPORATION	 	 
	
Notice Address:
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	6929 East Greenway Parkway, Suite 200

Scottsdale, Arizona 85254

Telephone: (800) 222-7777

Telecopier: (480) 647-2412

	 	 	 	Name:

Title:	 	 
	Attention: Kevin Laughlin, Vice

                 President and Treasurer
	 	 	 	 	 	 

 

 

EXECUTION VERSION

EXHIBIT E

FORM OF GUARANTEE AND COLLATERAL AGREEMENT

          GUARANTEE AND COLLATERAL AGREEMENT, dated as of November 27, 2006, made by RSC HOLDINGS II,
LLC, a Delaware limited liability company (“Holdings”), RSC HOLDINGS III, LLC, a Delaware
limited liability company (in its specific capacity as Parent Borrower, together with its
successors and assigns, the “Parent Borrower”), RENTAL SERVICE CORPORATION, an Arizona corporation
(“RSC”) and certain of the Parent Borrower’s Subsidiaries that may become party hereto from
time to time pursuant to Section 9.15 in favor of DEUTSCHE BANK AG, NEW YORK BRANCH
(“DBNY”), as collateral agent (in such capacity, the “Collateral Agent”) and
administrative agent (in such capacity, the “Administrative Agent”) for the banks and other
financial institutions (collectively, the “Lenders”; individually, a “Lender”) from
time to time parties to the Credit Agreement described below and for the other Secured Parties (as
defined below).

W I T N E S S E T H:

          WHEREAS, pursuant to that certain Second-Lien Term Loan Credit Agreement, dated as of the date
hereof (as amended, amended and restated, waived, supplemented or otherwise modified from time to
time, together with any agreement extending the maturity of, or restructuring, refunding,
refinancing or increasing the Indebtedness under such agreement or successor agreements, the
“Credit Agreement”), among Holdings, the Parent Borrower and RSC (together with the Parent
Borrower and any other entity that becomes a borrower thereunder pursuant to subsection 6.9(b) of
the Credit Agreement, the “Borrowers”), the Collateral Agent, the Administrative Agent, and
the other parties party thereto, the Lenders have severally agreed to make extensions of credit to
the Borrowers upon the terms and subject to the conditions set forth therein (the Lenders, the
Administrative Agent and the Collateral Agent are herein called the “Lender Creditors”);

          WHEREAS, the Borrowers are members of an affiliated group of companies
that includes Holdings, the Borrowers, and any other Domestic Subsidiary of the
Parent Borrower that becomes a party hereto from time to time after the date
hereof (all of the foregoing collectively, the “Granting Parties”);

          WHEREAS, the proceeds of the extensions of credit under the Credit Agreement will be used in
part to enable the Borrowers to make valuable transfers to one or more of the other Granting
Parties in connection with the operation of their respective businesses;

          WHEREAS, the Borrowers and the other Granting Parties are engaged in related businesses, and
each such Granting Party will derive substantial direct and indirect benefit from the making of the
extensions of credit under the Credit Agreement;

          WHEREAS, it is a condition to the obligation of the Lenders to make their respective
extensions of credit under the Credit Agreement that the Granting Parties shall execute and deliver
this Agreement to the Collateral Agent for the benefit of the Secured Parties (as defined below);

 

 

          WHEREAS, each Borrower and/or one or more of their respective Subsidiaries may at any time and
from time to time enter into one or more Interest Rate Protection
Agreements or Permitted Hedging Arrangements with one or more Lenders or any affiliate thereof
(each such Lender or affiliate, even if the respective Lender subsequently ceases to be a Lender
under the Credit Agreement for any reason, together with such Lender’s or affiliate’s successors
and assigns, if any, collectively, the “Other Creditors” and, together with the Lender
Creditors, the “Secured Parties”); and

          WHEREAS, the Collateral Agent and the U.S. Collateral Agent have entered into an Intercreditor
Agreement with Holdings and certain of the Borrowers and the other Granting Parties, dated as of
the date hereof (as amended, amended and restated, waived, supplemented or otherwise modified from
time to time, the “Intercreditor Agreement”).

          NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent and
the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective
extensions of credit to the Borrowers thereunder, each Granting Party hereby agrees with the
Collateral Agent, for the ratable benefit of the Secured Parties, as follows:

ARTICLE I

Defined Terms

               Section 1.1. Definitions. (a) Unless otherwise defined herein, terms defined in the
Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement, and
the following terms that are defined in the Code (as in effect on the date hereof) are used herein
as so defined: Chattel Paper, Commercial Tort Claims, Documents, Electronic Chattel Paper, Deposit
Accounts, Documents, Equipment, Farm Products, Fixtures, General Intangibles, Letter-of-Credit
Rights, Money, Promissory Notes, Records, Securities, Securities Accounts, Security Entitlements,
Supporting Obligations and Tangible Chattel Paper.

          (b) The following terms shall have the following meanings:

          ABL Guarantee and Collateral Agreement”: that certain U.S. Guarantee and Collateral
Agreement, dated as of the date hereof, among Holdings, the Parent Borrower,
RSC and DBNY, as collateral agent, as amended, amended and restated, waived, supplemented or
otherwise modified from time to time.

          “Accounts”: all accounts (as defined in the Code) of each Grantor, including, without
limitation, all Accounts (as defined in the Credit Agreement) and Accounts Receivable of such
Grantor.

          “Accounts Receivable”: any right to payment for goods sold or leased or for services
rendered, which is not evidenced by an instrument (as defined in the Code) or Chattel Paper.

          “Adjusted Net Worth”: of any Guarantor at any time, shall mean the greater of (x) $0
and (y) the amount by which the fair saleable value of such Guarantor’s assets on the date

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of the respective payment hereunder exceeds its debts and other liabilities (including contingent
liabilities, but without giving effect to any of its obligations under this Agreement or any other
Loan Document, or pursuant to its guarantee with respect to any Indebtedness then outstanding
pursuant to clauses (b) and (d) of subsection 7.1 of the Credit Agreement) on such date.

          “Administrative Agent”: as defined in the recitals hereto.

          “Agreement”: this Guarantee and Collateral Agreement, as the same may be amended,
restated, supplemented, waived or otherwise modified from time to time.

          “Asset Sales Proceeds Account”: one or more Deposit Accounts or Securities Accounts
holding only the proceeds of any sale or disposition of any Collateral and the proceeds or
investment thereof.

          “Bankruptcy Case”: (i) Holdings or any of its Subsidiaries commencing any case,
proceeding or other action (A) under any existing or future law of any jurisdiction, domestic or
foreign, relating to bankruptcy, insolvency, reorganization, conservatorship or relief of debtors,
seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a
bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation,
dissolution, composition or other relief with respect to it or its debts, or (B) seeking
appointment of a receiver, trustee, custodian, conservator or other similar official for it or for
all or any substantial part of its assets, or Holdings or any of its Subsidiaries making a general
assignment for the benefit of its creditors; or (ii) there being commenced against Holdings or any
of its Subsidiaries any case, proceeding or other action of a nature referred to in clause (i)
above which (A) results in the entry of an order for relief or any such adjudication or appointment
or (B) remains undismissed, undischarged or unbonded for a period of 60 days.

          “Borrower Loan Document Obligations”: as defined in the definition of “Borrower
Obligations” in this subsection 1.1(b).

          “Borrower Obligations”: with respect to any Borrower, the collective reference to: all
obligations and liabilities of such Borrower in respect of (i) the unpaid principal of and interest
on (including, without limitation, interest accruing after the maturity of the Term Loans and
interest accruing after the filing of any petition in bankruptcy, or the commencement of any
insolvency, reorganization or like proceeding, relating to such Borrower, whether or not a claim
for post-filing or post-petition interest is allowed in such proceeding) the Term Loans and all
other obligations and liabilities of such Borrower to the Secured Parties, whether direct or
indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred,
which may arise under, out of, or in connection with, the Credit Agreement, the Term Loans, the
other Loan Documents (all such obligations, liabilities and indebtedness under this clause (i),
except to the extent consisting of obligations and indebtedness with respect to Interest Rate
Protection Agreement or Permitted Hedging Arrangements, being herein collectively called the
“Borrower Loan Document Obligations”), and (ii) any Interest Rate Protection Agreement or
Permitted Hedging Arrangement entered into with any Person who was at the time of entry into such
agreement a Lender or an affiliate of any Lender (all such
obligations, liabilities and indebtedness under this clause (ii) being herein collectively called
the “Borrower Other Obligations”); in each case whether on account of principal, interest
or a termination of any transaction entered

-3-

 

into pursuant to any such Interest Rate Protection
Agreement or Permitted Hedging Arrangement, fees, indemnities, costs, expenses or otherwise
(including, without limitation, all reasonable fees, expenses and disbursements of counsel to the Administrative Agent or any other
Secured Party that are required to be paid by such Borrower pursuant to the terms of the Credit
Agreement or any other Loan Document).

          “Borrower Other Obligations”: as defined in the definition of “Borrower Obligations”
in this subsection 1.1(b).

          “Borrowers”: as defined in the recitals hereto.

          “Code”: the Uniform Commercial Code as from time to time in effect in the State of New
York.

          “Collateral”: as defined in Section 3; provided that, for purposes of
subsection 6.5, Section 8 and subsection 9.16(b), “Collateral” shall have the meaning
assigned to such term in the Credit Agreement.

          “Commercial Tort Action” any action, other than (i) an action primarily seeking
declaratory or injunctive relief with respect to claims asserted or expected to be asserted by
Persons other than the Grantors or (ii) an action arising out of or related to PL/PD Claims, that
is commenced by a Grantor in the courts of the United States of America, any state or territory
thereof or any political subdivision of any such state or territory, in which any Grantor seeks
damages arising out of torts committed against it that would reasonably be expected to result in a
damage award to it exceeding $40,000,000.

          “Commitments”: the collective reference to the Term Loan Commitments.

          “Contracts”: with respect to any Grantor, all contracts, agreements, instruments and
indentures in any form and portions thereof (except for contracts listed on Schedule 6
hereto), to which such Grantor is a party or under which such Grantor or any property of such
Grantor is subject, as the same may from time to time be amended, supplemented, waived or otherwise
modified, including, without limitation, (i) all rights of such Grantor to receive moneys due and
to become due to it thereunder or in connection therewith, (ii) all rights of such Grantor to
damages arising thereunder and (iii) all rights of such Grantor to perform and to exercise all
remedies thereunder.

          “Copyright Licenses”: with respect to any Grantor, all written license agreements of
such Grantor providing for the grant by or to such Grantor of any right under any copyright of such
Grantor, other than agreements with any Person who is an Affiliate or a Subsidiary of the Parent
Borrower or such Grantor, including, without limitation, any material license agreements listed on
Schedule 5 hereto, subject, in each case, to the terms of such license agreements, and the
right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by
such licenses.

          “Copyrights”: with respect to any Grantor, all of such Grantor’s right, title and
interest in and to all United States and foreign copyrights, whether or not the underlying works of
authorship have been published or registered, all United States and foreign copyright

-4-

 

registrations
and copyright applications, including, without limitation, any copyright registrations and
copyright applications listed on Schedule 5 hereto, and (i) all renewals thereof, (ii) all
income, royalties, damages and payments now and hereafter due and/or payable with respect thereto,
including, without limitation, payments under all licenses entered into in connection therewith,
and damages and payments for past or future infringements thereof and (iii) the right to sue or
otherwise recover for past, present and future infringements and misappropriations thereof.

          “Credit Agreement”: has the meaning provided in the Preamble hereto.

          “Excluded Assets”: as defined in Section 3.3.

          “General Fund Account”: the general fund account of the relevant Grantor established
at the same office of the U.S. Collateral Account Bank as the U.S. Collateral Proceeds Account.

          “Granting Parties”: as defined in the recitals hereto.

          “Grantor”: Holdings, the Borrowers, and any other Domestic Subsidiary of the Parent
Borrower that becomes a party hereto from time to time after the date hereof.

          “Guarantor Obligations”: with respect to any Guarantor, the collective reference to
(i) the Obligations guaranteed by such Guarantor pursuant to Section 2 and (ii) (A) all
obligations and liabilities of such Guarantor that may arise under or in connection with this
Agreement or any other Loan Document to which such Guarantor is a party (all such obligations,
liabilities and indebtedness under this clause (ii)(A), except to the extent consisting of
obligations and indebtedness with respect to Interest Rate Protection
Agreement or Permitted Hedging Arrangements, being herein collectively called the “Guarantor
Loan Document Obligations,” and, together with the Borrower Loan Obligations, the “Loan
Document Obligations”) and (B) any Interest Rate Protection Agreement or Permitted Hedging
Arrangement entered into with any Person who was at the time of entry into such agreement a Lender
or an affiliate of any Lender (all such obligations, liabilities and indebtedness under this clause
(ii)(B) being herein collectively called the “Guarantor Other Obligations,” and, together
with the Borrower Other Obligations, the “Other Obligations”); in each case whether on
account of guarantee obligations, fees, indemnities, costs, expenses or otherwise (including,
without limitation, all fees and disbursements of counsel to the Administrative Agent, to the Lead
Arrangers or to the Lenders that are required to be paid by such Guarantor pursuant to the terms of
this Agreement or any other Loan Document).

          “Guarantors”: the collective reference to each Granting Party other
than Holdings.

          “Instruments”: has the meaning specified in Article IX of the Code, but excluding the
Pledged Securities.

          “Intellectual Property”: with respect to any Grantor, the collective reference to such
Grantor’s Copyrights, Copyright Licenses, Patents, Patent Licenses, Trade Secrets, Trademarks and
Trademark Licenses.

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          “Intercompany Note”: with respect to any Grantor, any promissory note in a principal
amount in excess of $3,500,000 evidencing loans made by such Grantor to Holdings or any of its
Subsidiaries.

          “Intercreditor Agreement”: as defined in the recitals hereto.

          “Inventory”: with respect to any Grantor, all inventory (as defined in the Code) of
such Grantor, including, without limitation, all Inventory (as defined in the Credit Agreement) of
such Grantor.

          “Investment Property”: the collective reference to (i) all “investment property” as
such term is defined in Section 9-102(a)(49) of the Uniform Commercial Code in effect in the State
of New York on the date hereof (other than any Capital Stock of any Foreign Subsidiary excluded
from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment
property” as so defined, all Pledged Securities.

          “Issuers”: the collective reference to the Persons identified on Schedule 2 as
the issuers of Pledged Stock, together with any successors to such companies (including,
without limitation, any successors contemplated by subsection 7.4 of the Credit Agreement).

          “Lender Creditors”: as defined in the recitals hereto.

          “Loan Document Obligations”: as defined in the definition of
“Guarantor Obligations” in this subsection 1.1(b).

          “Non-Lender Secured Parties”: the collective reference to any person who, at the time
of entering into any Interest Rate Protection Agreement or Permitted Hedging Arrangement secured
hereby, was a Lender or an affiliate of any Lender and their respective successors and assigns.

          “Obligations”: (i) in the case of each Borrower, its Borrower Obligations and its
Guarantor Obligations and (ii) in the case of each other Guarantor, its Guarantor Obligations.

          “Other Creditors: as defined in the recitals hereto.

          “Other Obligations”: as defined in the definition of “Guarantor Obligations” in this
subsection 1.1(b).

          “Parent Borrower”: as defined in the Preamble hereto.

          “Patent Licenses”: with respect to any Grantor, all written license agreements of such
Grantor providing for the grant by or to such Grantor of any right under any patent, patent
application, or patentable invention other than agreements with any Person who is an Affiliate or a
Subsidiary of the Parent Borrower or such Grantor, including, without limitation, the material
license agreements listed on Schedule 5 hereto, subject, in each case, to the terms of such
license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory
now or hereafter covered by such licenses.

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          “Patents”: with respect to any Grantor, all of such Grantor’s right, title and
interest in and to all United States and foreign patents, patent applications and patentable
inventions and all reissues and extensions thereof, including, without limitation, all patents and
patent applications identified in Schedule 5 hereto, and including, without limitation, (i)
all inventions and improvements described and claimed therein, (ii) the right to sue or otherwise
recover for any and all past, present and future infringements and misappropriations thereof, (iii)
all income, royalties, damages and other payments now and hereafter due and/or payable with respect
thereto (including, without limitation, payments under all licenses entered into in connection
therewith, and damages and payments for past, present or future infringements thereof), and (iv) all other rights
corresponding thereto and all reissues, divisions, continuations, continuations-in-part,
substitutes, renewals, and extensions thereof, all improvements thereon, and all other rights of
any kind whatsoever of such Grantor accruing thereunder or pertaining thereto.

          “Permitted Hedging Arrangement”: as defined in subsection 7.16 of the
Credit Agreement.

          “PL/PD Claims” means all claims that (i) arise out of or are related to damage to the
property of the Parent Borrower or any of its Subsidiaries or out of bodily injury (including
death) or damage to the property of Persons other than the Parent Borrower and its Subsidiaries and
are classified as “public liability and property damage” claims for purposes of the consolidated
financial statements of the Parent Borrower and its Subsidiaries and (ii) arise out of or are
related to any policy of insurance under which the Parent Borrower or any of its Subsidiaries is an
insured or otherwise a beneficiary.

          “Pledged Collateral”: as to any Pledgor, the Pledged Securities now owned or at any
time hereafter acquired by such Pledgor, and any Proceeds
thereof.

          “Pledged Notes”: with respect to any Pledgor, all promissory notes issued to or held
by any Grantor in a principal amount in excess of $3,500,000 (other than promissory notes issued in
connection with an extension of trade credit by any Grantor in the ordinary course of business) and
all Intercompany Notes at any time issued to, or held or owned by, such Pledgor.

          “Pledged Securities”: the collective reference to the Pledged Notes and the Pledged
Stock.

          “Pledged Stock”: with respect to any Pledgor, the shares of Capital Stock listed on
Schedule 2 as held by such Pledgor, together with any other shares of Capital Stock required to be
pledged by such Pledgor pursuant to subsection 6.9 of the Credit Agreement, as well as any other
shares, stock certificates, options or rights of any nature whatsoever in respect of the Capital
Stock of any Person that may be issued or granted to, or held by, such Pledgor while this Agreement
is in effect (provided that in no event shall there be pledged, nor shall any Pledgor be
required to pledge, directly or indirectly, (i) more than 65% of any series of the outstanding
Capital Stock of any Foreign Subsidiary, (ii) any of the Capital Stock of a Subsidiary of a Foreign
Subsidiary and (iii) de minimis shares of a Foreign Subsidiary held by any Pledgor as a nominee or
in a similar capacity).

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          “Pledgor”: Holdings (with respect to the Pledged Stock of the Parent Borrower and all
other Pledged Collateral of the Parent Borrower), the Borrowers (with respect to
Pledged Stock of the entities listed on Schedule 2 hereto under the name of such applicable
Borrower and all other Pledged Collateral of such applicable Borrower) and each other Granting
Party (with respect to Pledged Securities held by such Granting Party and all other Pledged
Collateral of such Granting Party).

          “Primary Obligations”: as defined in subsection 6.5.2.

          “Primary Borrower Obligations”: as defined in subsection 6.5.2.

          “Pro Rata Share”: as defined in subsection 6.5.2.

          “Proceeds”: all “proceeds” as such term is defined in Section 9-102(a)(64) of the
Uniform Commercial Code in effect in the State of New York on the date hereof and, in any event,
Proceeds of Pledged Securities shall include, without limitation, all dividends or other income
from the Pledged Securities, collections thereon or distributions or payments with respect thereto.

          “Representative”: as defined in subsection 6.5.3.

          “Restrictive Agreements”: as defined in subsection 3.3(a).

          “RSC”: as defined in the recitals hereto.

          “Secondary Obligations”: as defined in subsection 6.5.2.

          “Secondary Borrower Obligations”: as defined in subsection 6.5.2.

          “Secured Parties”: as defined in the recitals hereto.

          “Security Collateral”: with respect to any Granting Party, means, collectively, the
Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

          “Specified Asset”: as defined in subsection 4.2.2 hereof.

          “Trade Secret Licenses”: with respect to any Grantor, all written license agreements
of such Grantor providing for the grant by or to such Grantor of any right under any trade secrets,
including, without limitation, know how, processes, formulae, compositions, designs, and
confidential business and technical information, and all rights of any kind whatsoever accruing
thereunder or pertaining thereto, other than agreements with any Person who is an Affiliate or a
Subsidiary of the Parent Borrower or such Grantor, subject, in each case, to the terms of such
license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory
now or hereafter covered by such licenses.

          “Trade Secrets”: with respect to any Grantor, all of such Grantor’s right, title and
interest in and to all United States and foreign trade secrets, including, without limitation,
know-how, processes, formulae, compositions, designs, and confidential business and technical

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information, and all rights of any kind whatsoever accruing thereunder or pertaining thereto,
including, without limitation, (i) all income, royalties, damages and payments now and hereafter
due and/or payable with respect thereto, including, without limitation, payments under all
licenses, non-disclosure agreements and memoranda of understanding entered into in connection
therewith, and damages and payments for past or future misappropriations thereof, and (ii) the
right to sue or otherwise recover for past, present or future misappropriations thereof.

          “Trademark Licenses”: with respect to any Grantor, all written license agreements of
such Grantor providing for the grant by or to such Grantor of any right under any trademarks,
service marks, trade names, trade dress or other indicia of trade origin or business identifiers,
and all rights of any kind whatsoever accruing thereunder or pertaining thereto, other than
agreements with any Person who is an Affiliate or a Subsidiary of the Parent Borrower or such
Grantor, including, without limitation, the material license agreements listed on Schedule
5 hereto, subject, in each case, to the terms of such license agreements, and the right to
prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by such
licenses.

          “Trademarks”: with respect to any Grantor, all of such Grantor’s right, title and
interest in and to all United States and foreign trademarks, service marks, trade names, trade
dress or other indicia of trade origin or business identifiers, trademark and service mark
registrations, and applications for trademark or service mark registrations (except for “intent to
use” applications for trademark or service mark registrations filed pursuant to Section l(b) of the
Lanham Act, 15 U.S.C. § 1051, unless and until an Amendment to Allege Use or a Statement of
Use under Sections l(c) and l(d) of said Act has been filed, it being understood and agreed that
the carve out in this parenthetical shall be applicable only if and for so long as a grant of a
security interest in such intent to use application would invalidate or otherwise jeopardize
Grantor’s rights therein), and any renewals thereof, including, without limitation, each
registration and application identified in Schedule 5 hereto, and including, without
limitation, (i) the right to sue or otherwise recover for any and all past, present and future
infringements or dilutions thereof, (ii) all income, royalties, damages and other payments now and
hereafter due and/or payable with respect thereto (including, without limitation, payments under
all licenses entered into in connection therewith, and damages and payments for past or future
infringements thereof), and (iii) all other rights corresponding thereto and all other rights of
any kind whatsoever of such Grantor accruing thereunder or pertaining thereto in the United States,
together in each case with the goodwill of the business connected with the use of, and symbolized
by, each such trademark, service mark, trade name, trade dress or other indicia of trade origin or
business identifiers.

          “U.S. Collateral Account Bank”: Deutsche Bank AG, New York Branch, an Affiliate
thereof or another bank which at all times is a Lender as selected by the relevant Grantor and
consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or
delayed).

          “U.S. Collateral Agent”: the U.S. Collateral Agent as defined in the ABL Guarantee and
Collateral Agreement.

          “U.S. Collateral Proceeds Account”: a non-interest bearing cash collateral account
established and maintained by the relevant Grantor at an office of the U.S. Collateral

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Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the
benefit of the Secured Parties.

               Section 1.2. Other Definitional Provisions. (a) The words “hereof, “herein”, “hereto”
and “hereunder” and words of similar import when used in this Agreement shall refer to this
Agreement as a whole and not to any particular provision of this Agreement, and Section, Schedule
and Annex references are to this Agreement unless otherwise specified.

          (b) The meanings given to terms defined herein shall be equally applicable to both the
singular and plural forms of such terms.

          (c) Where the context requires, terms relating to the Collateral, Pledged Collateral or
Security Collateral, or any part thereof, when used in relation to a Granting Party shall refer to
such Granting Party’s Collateral, Pledged Collateral or Security Collateral or the relevant part
thereof.

          (d) All references in this Agreement to any of the property described in the definition of the
term “Collateral” or “Pledged Collateral”, or to any Proceeds thereof, shall be
deemed to be references thereto only to the extent the same constitute Collateral or Pledged
Collateral, respectively.

ARTICLE II

Guarantee

               Section 2.1. Guarantee. (a) Each of the Guarantors hereby, jointly and severally,
unconditionally and irrevocably, guarantees to the Administrative Agent, for the ratable benefit of
the applicable Secured Parties, the prompt and complete payment and performance by each Borrower
when due and payable (whether at the stated maturity, by
acceleration or otherwise) of the Borrower Obligations of such Borrower owed to the applicable
Secured Parties.

          (b) Anything herein or in any other Loan Document to the contrary notwithstanding, the maximum
liability of each Guarantor hereunder and under the other Loan Documents shall in no event exceed
the amount that can be guaranteed by such Guarantor under applicable law, including applicable
federal and state laws relating to the insolvency of debtors; provided that, to the maximum
extent permitted under applicable law, it is the intent of the parties hereto that (x) the amount
of the liability of any of the Guarantors or any guarantee in respect of Indebtedness permitted
pursuant to clause (b) of subsection 7.1 of the Credit Agreement shall be reduced before the amount
of the liability of the respective Guarantor is reduced hereunder and (y) the rights of
contribution of each Guarantor provided in following subsection 2.2 be included as an asset of the
respective Guarantor in determining the maximum liability of such Guarantor hereunder.

          (c) Each Guarantor agrees that the Borrower Obligations guaranteed by it hereunder may at any
time and from time to time exceed the amount of the liability of such Guarantor hereunder without
impairing the guarantee contained in this Section 2 or affecting the rights and remedies of
the Administrative Agent or any other Secured Party hereunder.

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          (d) The guarantee contained in this Section 2 shall remain in full force and effect
until the earlier to occur of (i) the first date on which all the Term Loans, all other Borrower
Obligations then due and owing, and the obligations of each Guarantor under the guarantee contained
in this Section 2 then due and owing shall have been satisfied by payment in full in cash
and the Commitments shall have been terminated notwithstanding that from time to time during the
term of the Credit Agreement any of the Borrowers may be free from any Borrower Obligations, or
(ii) as to any Guarantor, the sale or other disposition of all of the Capital Stock of such
Guarantor (to a Person other than Holdings, the Parent Borrower or a Subsidiary of either) as
permitted under the Credit Agreement.

          (e) No payment made by any Borrower, any of the Guarantors, any other guarantor or any other
Person or received or collected by the Administrative Agent or any other Secured Party from any of
the Borrowers, any of the Guarantors, any other guarantor or any other Person by virtue of any
action or proceeding or any set-off or appropriation or application at any time or from time to
time in reduction of or in payment of any of the Borrower Obligations shall be deemed to modify,
reduce, release or otherwise affect the liability of any Guarantor hereunder which shall,
notwithstanding any such payment (other than any payment made by such Guarantor in respect of the
Borrower Obligations or any payment received or collected from such Guarantor in respect of any of
the Borrower Obligations), remain liable for the Borrower Obligations of each Borrower
guaranteed by it hereunder up to the maximum liability of such Guarantor hereunder until the
earlier to occur of (i) the first date on which all the Term Loans and other Borrower Obligations
then due and owing, are paid in full in cash and the Commitments are terminated or (ii) the sale or
other disposition of all of the Capital Stock of such Guarantor (to a Person other than Holdings,
the Parent Borrower or a Subsidiary of either) as permitted under the Credit Agreement.

               Section 2.2. Right of Contribution. Each Guarantor hereby agrees that to the extent
that a Guarantor shall have paid more than its proportionate share (based, to the maximum extent
permitted by law, on the respective Adjusted Net Worths of the Guarantors on the date the
respective payment is made) of any payment made hereunder, such Guarantor shall be entitled to seek
and receive contribution from and against any other Guarantor hereunder that has not paid its
proportionate share of such payment. Each Guarantor’s right of contribution shall be subject to the
terms and conditions of subsection 2.3. The provisions of this subsection 2.2 shall in no respect
limit the obligations and liabilities of any Guarantor to the Administrative Agent and the other
Secured Parties, and each Guarantor shall remain liable to the Administrative Agent and the other
Secured Parties for the full amount guaranteed by such Guarantor hereunder.

               Section 2.3. No Subrogation. Notwithstanding any payment made by any Guarantor
hereunder or any set-off or application of funds of any Guarantor by the Administrative Agent or
any other Secured Party, no Guarantor shall be entitled to be subrogated to any of the rights of
the Administrative Agent or any other Secured Party against any Borrower or any other Guarantor or
any collateral security or guarantee or right of offset held by the Administrative Agent or any
other Secured Party for the payment of the Borrower Obligations, nor shall any Guarantor seek or be
entitled to seek any contribution or reimbursement from the Borrower or any other Guarantor in
respect of payments made by such Guarantor hereunder, until all amounts owing to the Administrative
Agent and the other Secured Parties by the

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Borrowers on account of the Borrower Obligations are paid in full in cash. If any amount shall
be paid to any Guarantor on account of such subrogation rights at any time when all of the Borrower
Obligations shall not have been paid in full in cash or any of the Commitments shall remain in
effect, such amount shall be held by such Guarantor in trust for the Administrative Agent and the
other Secured Parties, segregated from other funds of such Guarantor, and shall, forthwith upon
receipt by such Guarantor, be turned over to the Administrative Agent in the exact form received by
such Guarantor (duly indorsed by such Guarantor to the Administrative Agent if required), to be
held as collateral security for all of the Borrower Obligations (whether matured or unmatured)
guaranteed by such Guarantor and/or then or at any time thereafter may be applied against any
Borrower Obligations, whether matured or unmatured, in such order as the Administrative Agent may determine.

               Section 2.4. Amendments, etc. with respect to the Obligations. To the maximum extent
permitted by law, each Guarantor shall remain obligated hereunder notwithstanding that, without any
reservation of rights against any Guarantor and without notice to or further assent by any
Guarantor, any demand for payment of any of the Borrower Obligations made by the Collateral Agent,
the Administrative Agent or any other Secured Party may be rescinded by the Collateral Agent, the
Administrative Agent or such other Secured Party and any of the Borrower Obligations continued, and
the Borrower Obligations, or the liability of any other Person upon or for any part thereof, or any
collateral security or guarantee therefor or right of offset with respect thereto, may, from time
to time, in whole or in part, be renewed, extended, amended, waived, modified, accelerated,
compromised, subordinated, waived, surrendered or released by the Collateral Agent, the
Administrative Agent or any other Secured Party, and the Credit Agreement and the other Loan
Documents and any other documents executed and delivered in connection therewith may be amended,
waived, modified, supplemented or terminated, in whole or in part, as the Collateral Agent or the
Administrative Agent (or the Required Lenders or the applicable Lenders(s), as the case may be) may
deem advisable from time to time, and any collateral security, guarantee or right of offset at any
time held by the Collateral Agent, the Administrative Agent or any other Secured Party for the
payment of any of the Borrower Obligations may be sold, exchanged, waived, surrendered or released.
None of the Collateral Agent, the Administrative Agent and each other Secured Party shall have any
obligation to protect, secure, perfect or insure any Lien at any time held by it as security for
any of the Borrower Obligations or for the guarantee contained in this Section 2 or any
property subject thereto, except to the extent required by applicable law.

               Section 2.5. Guarantee Absolute and Unconditional. Each Guarantor waives, to the
maximum extent permitted by applicable law, any and all notice of the creation, renewal, extension
or accrual of any of the Borrower Obligations and notice of or proof of reliance by the Collateral
Agent, the Administrative Agent or any other Secured Party upon the guarantee contained in this
Section 2 or acceptance of the guarantee contained in this Section 2; each of the
Borrower Obligations, and any obligation contained therein, shall conclusively be deemed to have
been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon the
guarantee contained in this Section 2; and all dealings between any of the Borrowers and
any of the Guarantors, on the one hand, and the Collateral Agent, the Administrative Agent and the
other Secured Parties, on the other hand, likewise shall be conclusively presumed to have been had
or consummated in reliance upon the guarantee contained in this Section 2. Each Guarantor
waives, to the maximum extent permitted by

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applicable law, diligence, presentment, protest, demand for payment and notice of default or
nonpayment to or upon any Borrower or any of the other Guarantors with respect to any of the
Borrower Obligations. Each Guarantor understands and agrees, to the extent permitted by law, that
the guarantee contained in this Section 2 shall be construed as a continuing, absolute and
unconditional guarantee of payment and not of collection. Each Guarantor hereby waives, to the
maximum extent permitted by applicable law, any and all defenses (other than any suit for breach of
a contractual provision of any of the Loan Documents) that it may have arising out of or in
connection with any and all of the following: (a) the validity or enforceability of the Credit
Agreement or any other Loan Document, any of the Borrower Obligations or any other collateral
security therefor or guarantee or right of offset with respect thereto at any time or from time to
time held by the Collateral Agent, the Administrative Agent or any other Secured Party, (b) any
defense, set-off or counterclaim (other than a defense of payment or performance) that may at any
time be available to or be asserted by any of the Borrowers against the Collateral Agent, the
Administrative Agent or any other Secured Party, (c) any change in the time, place, manner or place
of payment, amendment, or waiver or increase in any of the Obligations, (d) any exchange, taking,
or release of Security Collateral, (e) any change in the structure or existence of any of the
Borrowers, (f) any application of Security Collateral to any of the Obligations, (g) any law,
regulation or order of any jurisdiction, or any other event, affecting any term of any Obligation
or the rights of the Collateral Agent, the Administrative Agent or any other Secured Party with
respect thereto, including, without limitation: (i) the application of any such law, regulation,
decree or order, including any prior approval, which would prevent the exchange of any currency
(other than Dollars) for Dollars or the remittance of funds outside of such jurisdiction or the
unavailability of Dollars in any legal exchange market in such jurisdiction in accordance with
normal commercial practice, (ii) a declaration of banking moratorium or any suspension of payments
by banks in such jurisdiction or the imposition by such jurisdiction or any Governmental Authority
thereof of any moratorium on, the required rescheduling or restructuring of, or required approval
of payments on, any indebtedness in such jurisdiction, (iii) any expropriation, confiscation,
nationalization or requisition by such country or any Governmental Authority that directly or
indirectly deprives any Borrower of any assets or their use, or of the ability to operate its
business or a material part thereof, or (iv) any war (whether or not declared), insurrection,
revolution, hostile act, civil strife or similar events occurring in such jurisdiction which has
the same effect as the events described in clause (i), (ii) or (iii) above (in each of the cases
contemplated in clauses (i) through (iv) above, to the extent occurring or existing on or at any
time after the date of this Agreement), or (h) any other circumstance whatsoever (other than
payment in full in cash of the Borrower Obligations guaranteed by it hereunder) (with or without
notice to or knowledge of any of the Borrowers or such Guarantor) that constitutes, or might be
construed to constitute, an equitable or legal discharge of any of the Borrowers for the Borrower
Obligations, or of such Guarantor under the guarantee contained in this Section 2, in
bankruptcy or in any other instance. When making any demand hereunder or otherwise pursuing its
rights and remedies hereunder against any Guarantor, the Collateral Agent, the Administrative Agent
and any other Secured Party may, but shall be under no obligation to, make a similar demand on or
otherwise pursue such rights and remedies as it may have against
any of the Borrowers, any other Guarantor or any other Person or against any collateral security or
guarantee for the Borrower Obligations guaranteed by such Guarantor hereunder or any right of
offset with respect thereto, and any failure by the Collateral Agent, the Administrative Agent or
any other Secured Party to make any such demand, to pursue such other

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rights or remedies or to collect any payments from the Borrower, any other Guarantor or any other
Person or to realize upon any such collateral security or guarantee or to exercise any such right
of offset, or any release of any of the Borrower, any other Guarantor or any other Person or any
such collateral security, guarantee or right of offset, shall not relieve any Guarantor of any
obligation or liability hereunder, and shall not impair or affect the rights and remedies, whether
express, implied or available as a matter of law, of the Collateral Agent, the Administrative Agent
or any other Secured Party against any Guarantor. For the purposes hereof “demand” shall include
the commencement and continuance of any legal proceedings.

               Section 2.6. Reinstatement. The guarantee of any Guarantor contained in this
Section 2 shall continue to be effective, or be reinstated, as the case may be, if at any
time payment, or any part thereof, of any of the Borrower Obligations guaranteed by such Guarantor
hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent, the
Administrative Agent or any other Secured Party upon the insolvency, bankruptcy, dissolution,
liquidation or reorganization of any Borrower or any Guarantor, or upon or as a result of the
appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, any
Borrower or any Guarantor or any substantial part of its property, or otherwise, all as though such
payments had not been made.

               Section 2.7. Payments. Each Guarantor hereby guarantees that payments hereunder will
be paid to the Administrative Agent without set-off or counterclaim, in Dollars, at the
Administrative Agent’s office specified in subsection 10.2 of the Credit Agreement or such other
address as may be designated in writing by the Administrative Agent to such Guarantor from time to
time in accordance with subsection 10.2 of the Credit Agreement.

ARTICLE III

Grant of Security Interest

               Section 3.1. Grant. Each Grantor hereby grants, subject to existing licenses to use
the Copyrights, Patents, Trademarks and Trade Secrets granted by such Grantor in the ordinary
course of business, to the Collateral Agent, for the ratable benefit of the Secured Parties, a
security interest in all of the Collateral of such Grantor, as collateral
security for the prompt and complete payment and performance when due (whether at the stated
maturity, by acceleration or otherwise) of the Obligations of such Grantor, except as provided in
subsection 3.3. The term “Collateral”, as to any Grantor, means the following property
(wherever located) now owned or at any time hereafter acquired by such Grantor or in which such
Grantor now has or at any time in the future may acquire any right, title or interest, except as
provided in subsection 3.3:

     (a) all Accounts;

     (b) all Accounts Receivable;

     (c) all Money (including all cash);

     (d) all Cash Equivalents;

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     (e) all Chattel Paper;

     (f) all Contracts;

     (g) all Deposit Accounts (including DDAs);

     (h) all Documents;

     (i) all Equipment;

     (j) all General Intangibles;

     (k) all Instruments;

     (l) all insurance proceeds;

     (m) all Intellectual Property;

     (n) all Inventory;

     (o) all Investment Property;

     (p) all Letter of Credit Rights;

     (q) all Rental Fleet;

     (r) all Fixtures;

     (s) all Commercial Tort Claims constituting Commercial Tort Actions described in Schedule
7 (together with any Commercial Tort Actions subject to a further writing provided in
accordance with subsection 5.2.12);

     (t) all books and records pertaining to any of the foregoing;

     (u) the U.S. Collateral Proceeds Account; and

     (v) to the extent not otherwise included, all Proceeds and products of any and all of the
foregoing and all collateral security and guarantees given by any Person with respect to any
of the foregoing;

provided that, in the case of each Grantor, Collateral shall not include any Pledged
Collateral, or any property or assets specifically excluded from Pledged Collateral (including any
Capital Stock of any Foreign Subsidiary in excess of 65% of any series of such stock).

               Section 3.2. Pledged Collateral. Each Granting Party that is a Pledgor, hereby grants
to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in all
of the Pledged Collateral of such Pledgor now owned or at any time hereafter acquired by such
Pledgor, and any Proceeds thereof, as collateral security for the prompt and

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complete payment and performance when due (whether at the stated maturity, by
acceleration or otherwise) of the Obligations of such Pledgor, except as provided in subsection
3.3.

               Section 3.3. Certain Limited Exceptions. No security interest is or will be granted
pursuant hereto in any right, title or interest of any Granting Party under or in (collectively,
the “Excluded Assets”):

     (a) any Instruments, Contracts, Chattel Paper, General Intangibles, Copyright Licenses,
Patent Licenses, Trademark Licenses, Trade Secret Licenses or other contracts or agreements
with or issued by Persons other than Holdings, a Subsidiary of Holdings or an Affiliate
thereof, (collectively, “Restrictive Agreements”) that would otherwise be included in the
Security Collateral (and such Restrictive Agreements shall not be deemed to constitute
a part of the Security Collateral) for so long as, and to the extent that, the granting of such a
security interest pursuant hereto would result in a breach, default or termination of such
Restrictive Agreements (in each case, except to the extent that, pursuant to the Code or
other applicable law, the granting of security interests therein can be made without resulting in a breach, default or termination
of such Restrictive Agreements);

     (b) any Equipment that would otherwise be included in the Security Collateral (and such
Equipment shall not be deemed to constitute a part of the Security Collateral) if such
Equipment is subject to a Lien permitted by subsection 7.2(h) of the Credit Agreement (but
only for so long as such Liens are in place);

     (c) any property that would otherwise be included in the Security Collateral (and such
property shall not be deemed to constitute a part of the Security Collateral) if such property
has been sold or otherwise transferred in connection with a Sale and Leaseback Transaction
permitted under subsection 7.10 of the Credit Agreement, or is subject to any Liens
permitted under subsection 7.2(n) of the Credit Agreement. Notwithstanding the foregoing, the
security interest of the Collateral Agent shall attach to any money, securities or other
consideration received by any Grantor as consideration for the sale or other disposition of such
property;

     (d) any Intellectual Property governed by the laws of a jurisdiction in which a security
interest or similar lien of any kind is prohibited under that jurisdiction’s laws, for so long as
the laws of that jurisdiction so provide;

     (e) Capital Stock which is specifically excluded from the definition of Pledged Stock by
virtue of the proviso contained in the parenthetical to such definition; or

     (f) Capital Stock issued by Canadian Finco; or

     (g) Any forward contracts between RSC and RSC Canada entered into in connection with the loan
made by Canadian Finco to RSC Canada; or

     (h) any Money, cash, checks, other negotiable instrument, funds and
other evidence of payment held in any Deposit Account of the Parent Borrower or any of its

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Subsidiaries (i) for the benefit of customers of any Granting Party or any of its
Subsidiaries in the ordinary course of business and (ii) in the nature of security deposit or with respect to obligations for the benefit of the Parent Borrower or any of its Subsidiaries,
which must be held for or returned to the applicable counterparty under applicable law or
pursuant to Contractual Obligations.

               Section 3.4. Intercreditor Relations. Notwithstanding anything herein to the contrary,
it is the understanding of the parties that the Liens granted pursuant to this
Agreement shall with respect to all Security Collateral are second to the Liens granted to the
First-Lien Collateral Agent (as defined in the Intercreditor Agreement) for the benefit of the
holders of the First-Lien Obligations (as defined in the Intercreditor Agreement) to secure the
First-Lien Obligations (as defined in the Intercreditor Agreement) pursuant to the U.S. Guarantee
and Collateral Agreement. Notwithstanding anything herein to the contrary, the Liens and security
interest granted to the Collateral Agent pursuant to this Agreement and the exercise of any right
or remedy by the Collateral Agent hereunder are subject to the provisions of the Intercreditor
Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and this
Agreement, the terms of the Intercreditor Agreement shall govern and control. Notwithstanding any
other provision hereof, for so long as any First-Lien Obligations (as defined in the Intercreditor
Agreement) remain outstanding, any obligation hereunder to physically deliver to the Collateral
Agent any Security Collateral constituting First-Lien Collateral (as defined in the Intercreditor
Agreement) shall be satisfied by causing such First-Lien Collateral to be physically delivered to
the U.S. Collateral Agent to be held in accordance with the Intercreditor Agreement.

ARTICLE IV

Representations and Warranties

          Section 4.1. Representations and Warranties of Each Guarantor. To induce the
Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to
make their respective extensions of credit to the Borrowers thereunder, each Guarantor hereby
represents and warrants to the Collateral Agent and each other Secured Party that the
representations and warranties set forth in Section 4 of the Credit Agreement as they relate to
such Guarantor or to the Loan Documents to which such Guarantor is a party, each of which
representations and warranties is hereby incorporated herein by reference, are true and correct in
all material respects, and the Collateral Agent and each other Secured Party shall be entitled to
rely on each of such representations and warranties as if fully set forth herein; provided
that each reference in each such representation and warranty to the Parent Borrower’s knowledge
shall, for the purposes of this subsection 4.1, be deemed to be a reference to such Guarantor’s
knowledge.

          Section 4.2. Representations and Warranties of Each Grantor. To induce the Collateral
Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their
respective extensions of credit to the Borrowers thereunder, each Grantor hereby represents and
warrants to the Collateral Agent and each other Secured Party that, in each case after giving
effect to the Transactions:

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     4.2.1 Title; No Other Liens. Except for the security interests granted to the Collateral
Agent for the ratable benefit of the Secured Parties pursuant to this
Agreement and the other Liens permitted to exist on such Grantor’s Collateral by the Credit
Agreement (including, without limitation, subsection 7.3 thereof), such Grantor owns each item
of such Grantor’s Collateral free and clear of any and all Liens. Except as set forth on
Schedule 3, no currently effective financing statement or other similar public notice with
respect to all or any part of such Grantor’s Collateral is on file or of record in any public
office, except such as have been filed in favor of the Collateral Agent for the ratable
benefit of the Secured Parties pursuant to this Agreement or as are permitted by the
Credit Agreement (including without limitation subsection 7.3 thereof) or any other Loan
Document or for which termination statements will be delivered on the Closing Date.

     4.2.2 Perfected First Priority Liens. (a) This Agreement is effective to create,
as collateral security for the Obligations of such Grantor, valid and enforceable Liens on
such Grantor’s Security Collateral in favor of the Collateral Agent for the benefit of the
Secured Parties, except (i) with respect to all Intellectual Property that is an Excluded
Asset or (ii) as enforceability may be affected by bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and other similar laws relating to or affecting
creditor’s rights generally, general equitable principles (whether considered in a proceeding
in equity or at law) and an implied covenant of good faith and fair dealing.

     (b) Except with regard to (i) Liens (if any) on Specified Assets and (ii) any rights in
favor of the United States government as required by law (if any), upon the completion of the
Filings and, with respect to Instruments, Chattel Paper and Documents upon the earlier of such
Filing or the delivery to and continuing possession by the Collateral Agent or the U.S.
Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, of all
Instruments, Chattel Paper and Documents a security interest in which is perfected by
possession, and the obtaining and maintenance of “control” (as described in the Code) by the
U.S. Collateral Agent, the Collateral Agent or the Administrative Agent, as applicable (or
their respective agents appointed for purposes of perfection), in accordance with the
Intercreditor Agreement of all Deposit Accounts, the U.S. Collateral Proceeds Account,
Electronic Chattel Paper and Letter of Credit Rights a security interest in which is perfected
by “control” and in the case of Commercial Tort Actions (other than such Commercial Tort
Actions listed on Schedule 7 on the date of this Agreement), the taking of the actions
required by subsection 5.2.12 herein, the Liens created pursuant to this Agreement will
constitute valid Liens on and (to the extent provided herein) perfected security interests in
such Grantor’s Security Collateral in favor of the Collateral Agent for the benefit of the
Secured Parties, and will be prior to all other Liens of all other Persons other than
Permitted Liens, and enforceable as such as against all other Persons other than Ordinary
Course Transferees, except to the extent that the recording of an assignment or other transfer
of title to the Collateral Agent or the recording of other applicable documents in the United
States Patent and Trademark Office or United States Copyright Office may be necessary for
perfection or enforceability, and except as enforceability may be limited by applicable
bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting the enforcement of creditors’ rights generally and by
general equitable principles (whether enforcement is

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sought by proceedings in equity or at law) or by an implied covenant of good faith and
fair dealing. As used in this subsection 4.2.2(b), the following terms shall have the
following meanings:

          “Filings”: the filing or recording of (i) the Financing Statements as set forth
in Schedule 3, (ii) this Agreement or a notice thereof with respect to Intellectual
Property as set forth in Schedule 3, (iii) the recordation after the Closing Date on
the certificate of title related thereto of each Lien granted in favor of the Collateral Agent
hereunder, subject to certificate of title statutes, and (iv) any filings after the
Closing Date in any other jurisdiction as may be necessary under any Requirement of Law.

          “Financing Statements”: the financing statements delivered to the Collateral
Agent by such Grantor on the Closing Date for filing in the jurisdictions listed in
Schedule 4.

          “Ordinary Course Transferees”: (i) with respect to goods only, buyers in the
ordinary course of business and lessees in the ordinary course of business to the extent
provided in Section 9-320(a) and 9-321 of the Uniform Commercial Code as in effect from time
to time in the relevant jurisdiction, (ii) with respect to general intangibles only, licensees
in the ordinary course of business to the extent provided in Section 9-321 of the Uniform
Commercial Code as in effect from time to time in the relevant jurisdiction and (iii) any
other Person who is entitled to take free of the Lien pursuant to the Uniform Commercial Code
as in effect from time to time in the relevant jurisdiction.

          “Permitted Liens”: Liens permitted pursuant to the Credit Documents, including
without limitation those permitted to exist pursuant to subsection 7.2 of the Credit
Agreement.

          “Specified Assets”: the following property and assets of such Grantor:

     (1) Patents, Patent Licenses, Trademarks and Trademark Licenses to the extent that
(a) Liens thereon cannot be perfected by the filing of financing statements under the
Uniform Commercial Code or by the filing and acceptance thereof in the United States
Patent and Trademark Office (including Liens on such Patents, Patent Licenses,
Trademarks and Trademark Licenses that are non-U.S. Patents, Patent Licenses, Trademarks
and Trademark Licenses) or (b) such Patents, Patent Licenses, Trademarks and Trademark
Licenses are not, individually or in
the aggregate, material to the business of the Parent Borrower and its Subsidiaries taken
as a whole;

     (2) Copyrights and Copyright Licenses with respect thereto and Accounts or
receivables arising therefrom to the extent that the Uniform Commercial Code as in effect
from time to time in the relevant jurisdiction is not applicable to the creation or
perfection of Liens thereon;

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     (3) Collateral for which the perfection of Liens thereon requires filings in or
other actions under the laws of jurisdictions outside of the United States of America,
any State, territory or dependency thereof or the District of Columbia;

     (4) goods included in Collateral received by any Person from any Grantor for “sale
or return” within the meaning of Section 2-326 of the Uniform Commercial Code of the
applicable jurisdiction, to the extent of claims of creditors of such Person;

     (5) Equipment constituting Fixtures (other than any such Equipment subject to a
Mortgage);

     (6) Proceeds of Accounts or Inventory which do not themselves constitute Collateral
or which have not yet been transferred to or deposited in the U.S. Collateral Proceeds
Account (if any) or to a Blocked Account; and

     (7) uncertificated securities (to the extent a security interest is not perfected by the
filing of a financing statement).

     4.2.3 Jurisdiction of Organization. On the date hereof, such Grantor’s jurisdiction of
organization is specified on Schedule 4.

     4.2.4 Farm Products. None of such Grantor’s Collateral constitutes, or is the Proceeds
of, Farm Products.

     4.2.5 Accounts Receivable. The amounts represented by such Grantor to the
Administrative Agent or the other Secured Parties from time to time as owing by each account
debtor or by all account debtors in respect of such Grantor’s Accounts Receivable constituting
Security Collateral will at such time be the correct amount, in all material respects,
actually owing by such account debtor or debtors thereunder, except to the extent that
appropriate reserves therefor have been established on the books of such Grantor in accordance
with GAAP. Unless otherwise indicated in writing to the Administrative Agent, each Account
Receivable of such Grantor arises
out of a bona fide sale and delivery of goods or rendition of services by such Grantor. Such
Grantor has not given any account debtor any deduction in respect of the amount due under any
such Account, except in the ordinary course of business or as such Grantor may otherwise
advise the Administrative Agent in writing.

     4.2.6 Patents, Copyrights and Trademarks. Schedule 5 lists all material
Trademarks, material Copyrights and material Patents, in each case, registered in the United
States Patent and Trademark Office or the United States Copyright Office or other equivalent
foreign office, as applicable, and owned by such Grantor in its own name as of the date
hereof, and all material Trademark Licenses, all material Copyright Licenses and all material
Patent Licenses (including, without limitation, material Trademark Licenses for registered
Trademarks, material Copyright Licenses for registered Copyrights and material Patent Licenses
for registered Patents) owned by such Grantor in its own name as of the date hereof.

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          Section
4.3. Representations and Warranties of Each Pledgor. To induce the Collateral
Agent, the Administrative Agent and the Lenders to enter into the Credit Agreement and to induce
the Lenders to make their respective extensions of credit to the Borrowers thereunder, each Pledgor
hereby represents and warrants to the Collateral Agent and each other Secured Party that:

     4.3.1 Except as provided in subsection 3.3, the shares of Pledged Stock pledged by such
Pledgor hereunder constitute (i) in the case of shares of a Domestic Subsidiary, all the
issued and outstanding shares of all classes of the Capital Stock of such Domestic Subsidiary
owned by such Pledgor and (ii) in the case of any Pledged Stock constituting Capital
Stock of any Foreign Subsidiary, such percentage (not more than 65%) as is specified on
Schedule 2 of all the issued and outstanding shares of all classes of the Capital
Stock of each such Foreign Subsidiary owned by such Pledgor.

     4.3.2 All the shares of the Pledged Stock pledged by such Pledgor hereunder have been
duly and validly issued and are fully paid and nonassessable (or the equivalent, if any, under
applicable foreign law).

     4.3.3 Such Pledgor is the record and beneficial owner of, and has good title to, the
Pledged Securities pledged by it hereunder, free of any and all Liens or options in favor of,
or claims of, any other Person, except the security interest created by this Agreement and
Liens arising by operation of law or permitted by the Credit Agreement.

     4.3.4 Upon the delivery to the Collateral Agent, or the U.S. Collateral Agent, as
applicable, in accordance with the Intercreditor Agreement, of the certificates, if any,
evidencing the Pledged Securities held by such Pledgor together with executed
undated stock powers or other instruments of transfer, the security interest created in such
Pledged Securities constituting certificated securities by this Agreement, assuming the
continuing possession of such Pledged Securities by the Collateral Agent, or the U.S.
Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, will
constitute a valid, perfected first priority security interest in such Pledged Securities to
the extent provided in and governed by the Code, enforceable in accordance with its terms
against all creditors of such Pledgor and any Persons purporting to purchase such Pledged
Securities from such Pledgor, except as enforceability may be affected by bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating
to or affecting creditors’ rights generally, general equitable principles (whether considered
in a proceeding in equity or at law) and an implied covenant of good faith and fair
dealing.

     4.3.5 Upon the earlier of (x) (to the extent a security interest in uncertificated
securities may be perfected by the filing of a financing statement) the filing of the
financing statements listed on Schedule 3 hereto and (y) the obtaining and maintenance
of “control” (as described in the Code) by the Collateral Agent or the U.S. Collateral Agent
(or their respective agents appointed for purposes of perfection), as applicable, in
accordance with the Intercreditor Agreement, of all Pledged Securities that constitute
uncertificated securities, the security interest created by this Agreement in such Pledged
Securities that constitute uncertificated securities, will constitute a valid, perfected first

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priority security interest in such Pledged Securities constituting uncertificated
securities, enforceable in accordance with its terms against all creditors of such Pledgor and any
persons purporting to purchase such Pledged Securities from such Pledgor, to the extent provided in
and governed by the Code, except as enforceability may be affected by bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting
creditors’ rights generally, general equitable principles (whether considered in a proceeding in
equity or at law) and an implied covenant of good faith and fair dealing.

ARTICLE V

Covenants

               Section 5.1. Covenants of Each Guarantor. Each Guarantor covenants and agrees with the
Collateral Agent and the other Secured Parties that, from and after the date of this Agreement
until the earlier to occur of (i) the date upon which the Term Loans and all other Obligations then
due and owing, shall have been paid in full in cash and the Commitments shall have terminated or
(ii) as to any Guarantor, the date upon which all the Capital Stock of such Guarantor shall have
been sold or otherwise disposed of (to a Person other than Holdings, the Parent Borrower or a
Subsidiary of either) in accordance with the terms of the Credit Agreement, such Guarantor shall
take, or shall refrain from taking, as the case may be, each action that is necessary to be taken
or not taken, as the case may be, so that no Default or Event of Default is caused by the failure
to take such action or to refrain from taking such action by such Guarantor or any of its
Subsidiaries.

               Section 5.2. Covenants of Each Grantor. Each Grantor covenants and agrees with the
Collateral Agent and the other Secured Parties that, from and after the date of this Agreement
until the earlier to occur of (i) the date upon which the Term Loans and all other Obligations then
due and owing shall have been paid in full in cash and the Commitments shall have terminated or
(ii) as to any Grantor, the date upon which all the Capital Stock of such Grantor shall have been
sold or otherwise disposed of (to a Person other than Holdings, the Parent Borrower or a Subsidiary
of either) in accordance with the terms of the Credit Agreement:

     5.2.1 Delivery of Instruments and Chattel Paper. If any amount payable under or in
connection with any of such Grantor’s Collateral shall be or become evidenced by any Instrument or
Chattel Paper, such Grantor shall (except as provided in the following sentence) be entitled to
retain possession of all Collateral of such Grantor evidenced by any Instrument or Chattel Paper,
and shall hold all such Collateral in trust for the Collateral Agent, for the ratable benefit of
the Secured Parties. In the event that an Event of Default shall have occurred and be continuing,
upon the request of the Collateral Agent, or the U.S. Collateral Agent, as applicable, in
accordance with the Intercreditor Agreement, such Instrument or Chattel Paper (other than ordinary
course rental contracts for Rental Fleet) shall be promptly delivered to the Collateral Agent, or
the U.S. Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, duly
indorsed in a manner satisfactory to the Collateral Agent, or the U.S. Collateral Agent, as
applicable, in accordance with the Intercreditor Agreement, to be held as Collateral pursuant to
this Agreement. Such Grantor shall not permit any other Person to possess

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any such Collateral at any time other than in connection with any sale or other disposition
of such Collateral in a transaction permitted by the Credit Agreement.

     5.2.2 Maintenance of Insurance. Such Grantor will maintain with financially sound and
reputable insurance companies insurance on all property material to the business of the Parent
Borrower and its Subsidiaries, taken as a whole, in at least such amounts and against at least
such risks (but including in any event public liability, product liability and business
interruption) as are usually insured against in the same general area by companies of similar size
engaged in the same or a similar business; furnish to the Collateral Agent, upon written request,
information in reasonable detail as to the insurance carried; and ensure that at all times the
Collateral Agent shall be named as additional insureds with respect to liability policies and the
Collateral Agent shall be named loss payee with respect to the casualty insurance maintained by
such Grantor with respect to such Grantor’s Collateral.

     5.2.3 Payment of Obligations. Such Grantor will pay, discharge or otherwise satisfy
at or before maturity or before they become delinquent, as the case may be, all material taxes,
assessments and governmental charges or levies imposed upon such Grantor’s Collateral or in
respect of income or profits therefrom, as well as all material claims of any kind (including,
without limitation, material claims for labor, materials and supplies) against or with respect to
such Grantor’s Collateral, except that no such tax, assessment, charge or levy need be paid or
satisfied if the amount or validity thereof is currently being contested in good faith by
appropriate proceedings and reserves in conformity with GAAP with respect thereto have been
provided on the books of such Grantor.

     5.2.4 Maintenance of Perfected Security Interest; Further Documentation. (a) Such
Grantor shall maintain the security interest created by this Agreement in such Grantor’s
Collateral as a perfected security interest having at least the priority described in subsection
4.2.2 and shall defend such security interest against the claims and demands of all Persons
whomsoever.

     (b) Such Grantor will furnish to the Collateral Agent from time to time statements and
schedules further identifying and describing such Grantor’s Collateral and such other reports in
connection with such Grantor’s Collateral as the Collateral Agent may reasonably request in
writing, all in reasonable detail.

     (c) Except with respect to Intellectual Property that is an Excluded Asset, at any time and
from time to time, upon the written request of the Collateral Agent, and at the sole
expense of such Grantor, such Grantor will promptly and duly execute and deliver such further
instruments and documents and take such further actions as the Collateral Agent may reasonably
request for the purpose of obtaining or preserving the full benefits of this Agreement and of the
rights and powers herein granted by such Grantor, including, without limitation, the filing of any
financing or continuation statements under the Uniform Commercial Code (or other similar laws) in
effect in any jurisdiction with respect to the security interests created hereby.

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     5.2.5 Changes in Name, Jurisdiction of Organization, etc. Such Grantor will not,
except upon not less than 30 days’ prior written notice to the Collateral Agent, change its name
or jurisdiction of organization (whether by merger of otherwise); provided that, promptly after
receiving a written request therefor from the Collateral Agent, such Grantor shall deliver to the
Collateral Agent all additional financing statements and other documents reasonably requested by
the Collateral Agent to maintain the validity, perfection and priority of the security interests
as and to the extent provided for herein.

     5.2.6 Notices. Such Grantor will advise the Administrative Agent promptly, in
reasonable detail, of:

     (a) any Lien (other than security interests created hereby or Liens permitted under the
Credit Agreement) on any of such Grantor’s Collateral which would materially adversely affect the
ability of the Collateral Agent to exercise any of its remedies hereunder; and

     (b) the occurrence of any other event which would reasonably be expected to have a material
adverse effect on the security interests created hereby.

     5.2.7 Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer
agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock
issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it
will notify the Collateral Agent promptly in writing of the occurrence of any of the events
described in subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms
of subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to
all actions that may be required of it pursuant to subsection 6.3(c) or 6.7 with respect to the
Pledged Stock issued by it.

     5.2.8 Accounts Receivable. (a) With respect to Accounts Receivable constituting
Collateral, other than in the ordinary course of business or as permitted by the Loan Documents,
such Grantor will not (i) grant any extension of the time of payment of any of such Grantor’s
Accounts Receivable, (ii) compromise or settle any such Account Receivable for less than the full
amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any
Account Receivable, (iv) allow any credit or discount whatsoever on any such Account Receivable or
(v) amend, supplement or
modify any Account Receivable unless such extensions, compromises, settlements, releases, credits
or discounts would not reasonably be expected to materially adversely affect the value of the
Accounts Receivable constituting Collateral taken as a whole.

     (b) Such Grantor will deliver to the Collateral Agent a copy of each material demand, notice
or document received by it that questions or calls into doubt the validity or enforceability of
more than 10% of the aggregate amount of the then outstanding Accounts Receivable.

     5.2.9 Maintenance of Records. Such Grantor will keep and maintain at its own cost and
expense reasonably satisfactory and complete records of its Collateral,

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including, without limitation, a record of all payments received and all credits granted with
respect to such Collateral, and shall mark such records to evidence this Agreement and the Liens
and the security interests created hereby.

     5.2.10 Acquisition of Intellectual Property. Within 90 days after the end of each calendar
year, such Grantor will notify the Collateral Agent of any acquisition by such Grantor of (i) any
registration of any material Copyright, Patent or Trademark or (ii) any exclusive rights under a
material Copyright License, Patent License or Trademark License constituting Collateral, and,
except with respect to Intellectual Property that is an Excluded Asset, shall take such actions as
may be reasonably requested by the Collateral Agent (but only to the extent such actions are
within such Grantor’s control) to perfect the security interest granted to the Collateral Agent
and the other Secured Parties therein, to the extent provided herein in respect of any Copyright,
Patent or Trademark constituting Collateral on the date hereof, by (x) the execution and delivery
of an amendment or supplement to this Agreement (or amendments to any such agreement previously
executed or delivered by such Grantor) and/or (y) the making of appropriate filings (I) of
financing statements under the Uniform Commercial Code of any applicable jurisdiction and/or (II)
in the United States Patent and Trademark Office, or with respect to Copyrights and Copyright
Licenses, another applicable United States office).

     5.2.11 Protection of Trade Secrets. Such Grantor shall take all steps which it deems
commercially reasonable to preserve and protect the secrecy of all material Trade Secrets of such
Grantor.

     5.2.12 Commercial Tort Actions. All Commercial Tort Actions of each Grantor in
existence on the date of this Agreement, known to such Grantor after reasonable inquiry, are
described in Schedule 7 hereto. If any Grantor shall at any time after the date of this
Agreement acquire a Commercial Tort Action, such Grantor shall promptly notify the Collateral
Agent and the Administrative Agent thereof in a writing signed by such Grantor and describing the
details thereof and shall grant to the Collateral Agent and the Administrative Agent in such
writing a security interest therein and in the proceeds thereof, all upon the terms of this
Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral
Agent and the Administrative Agent.

     5.2.13 Protection of Trademarks. Such Grantor shall not, with respect to any
Trademarks that are material to the business of any Grantor, cease the use of any of such
Trademarks or fail to maintain the level of the quality of products sold and services rendered
under any of such Trademark at a level at least substantially consistent with the quality of such
products and services as of the date hereof, and each Grantor shall take all steps reasonably
necessary to insure that licensees of such Trademarks use such consistent standards of quality.

     5.2.14 Protection of Intellectual Property. Subject to the Credit Agreement, such
Grantor shall not do any act or omit to do any act whereby any of the Intellectual Property which
is material to the business of Grantor may lapse, expire, or become abandoned, or unenforceable.

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     5.2.15 Assignment of Letter of Credit Rights. In the case of any Letter of Credit
Rights of any Grantor in any letter of credit exceeding $5,000,000 in value acquired following the
Closing Date, such Grantor shall use its commercially reasonable efforts to promptly obtain the
consent of the issuer thereof and any nominated person thereon to the assignment of the proceeds
of the related letter of credit in accordance with Section 5-114(c) of the UCC, pursuant to an
agreement in form and substance reasonably satisfactory to the U.S. Administrative Agent.

               Section 5.3. Covenants of Each Pledgor. Each Pledgor covenants and agrees with the
Collateral Agent and the other Secured Parties that, from and after the date of this Agreement
until the earlier to occur of (i) the Term Loans and all other Obligations then due and owing shall
have been paid in full in cash and the Commitments shall have terminated or (ii) as to any Pledgor,
all the Capital Stock of such Pledgor shall have been sold or otherwise disposed of (to a Person
other than Holdings, the Parent Borrower or a Subsidiary of either) as permitted under the terms of
the Credit Agreement:

     5.3.1 Additional Shares. If such Pledgor shall, as a result of its ownership of its
Pledged Stock, become entitled to receive or shall receive any stock certificate (including,
without limitation, any stock certificate representing a stock dividend or a distribution in
connection with any reclassification, increase or reduction of capital or any certificate issued
in connection with any reorganization), stock option or similar rights in respect of the Capital
Stock of any Issuer, whether in addition to, in substitution of, as a conversion
of, or in exchange for, any shares of the Pledged Stock, or otherwise in respect thereof, such
Pledgor shall accept the same as the agent of the Collateral Agent and the other Secured Parties,
hold the same in trust for the Collateral Agent and the other Secured Parties and deliver the same
forthwith to the Collateral Agent (who will hold the same on behalf of the Secured Parties), or
the U.S. Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, in the
exact form received, duly indorsed by such Pledgor to the Collateral Agent or the U.S. Collateral
Agent, as applicable, in accordance with the Intercreditor Agreement, if required, together with
an undated stock power covering such certificate duly executed in blank by such Grantor, to be
held by the Collateral Agent or the U.S. Collateral Agent, as applicable, in accordance with the
Intercreditor Agreement, subject to the terms hereof, as additional collateral security for the
Obligations (subject to subsection 3.3 and provided that in no event shall there be pledged, nor
shall any Pledgor be required to pledge, more than 65% of any series of the outstanding Capital
Stock of any Foreign Subsidiary pursuant to this Agreement). Any sums paid upon or in respect of
the Pledged Stock upon the liquidation or dissolution of any Issuer (except any liquidation or
dissolution of any Subsidiary of the Parent Borrower in accordance with the Credit Agreement)
shall be paid over to the Collateral Agent to be held by it hereunder as additional collateral
security for the Obligations, and in case any distribution of capital shall be made on or in
respect of the Pledged Stock or any property shall be distributed upon or with respect to the
Pledged Stock pursuant to the recapitalization or reclassification of the capital of any Issuer or
pursuant to the reorganization thereof, the property so distributed shall, unless otherwise
subject to a perfected security interest in favor of the Collateral Agent, be delivered to the
Collateral Agent to be held by it hereunder as additional collateral security for the Obligations
in each case except as otherwise provided by the Intercreditor Agreement. If

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any sums of money or property so paid or distributed in respect of the Pledged Stock shall be
received by such Pledgor, such Pledgor shall, until such money or property is paid or delivered to
the Collateral Agent, hold such money or property in trust for the Secured Parties, segregated
from other funds of such Pledgor, as additional collateral security for the Obligations.

     5.3.2 Maintenance of Pledged Stock. Without the prior written consent of the
Collateral Agent, such Pledgor will not (except as permitted by the Credit Agreement) (i) vote to
enable, or take any other action to permit, any Issuer to issue any stock or other equity
securities of any nature or to issue any other securities convertible into, or granting the right
to purchase or exchange for, any stock or other equity securities of any nature of any Issuer,
(ii) sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect
to, the Pledged Securities or Proceeds thereof, (iii) create, incur or permit to exist any Lien or
option in favor of, or any material adverse claim of any Person with respect to, any of the
Pledged Securities or Proceeds thereof, or any interest therein, except for the security interests
created by this Agreement or Liens arising by
operation of law or (iv) enter into any agreement or undertaking restricting the right or ability
of such Pledgor or the Collateral Agent to sell, assign or transfer any of the Pledged Securities
or Proceeds thereof. Each interest in any limited liability company created after the Closing
Date pledged hereunder shall be represented by a certificate, shall be a “security” within the
meaning of the Article VIII of the Code and shall be governed by Article VIII of
the Code. The charter documents of each such limited liability company shall include an express
provision providing that each interest in such entity “is a security governed by Article
VIII of the Uniform Commercial Code in effect in the State of New York on the date hereof”.

     5.3.3 Pledged Notes. Such Pledgor shall, on the date of this Agreement (or on such
later date upon which it becomes a party hereto pursuant to subsection 9.15), deliver to the
Collateral Agent, or the U.S. Collateral Agent, as applicable, in accordance with the
Intercreditor Agreement, all Pledged Notes then held by such Pledgor (excluding any Pledged Note
the principal amount of which does not exceed $3,500,000), endorsed in blank or, at the request
of the Collateral Agent, or the U.S. Collateral Agent, as applicable, in accordance with the
Intercreditor Agreement, endorsed to the Collateral Agent. Furthermore, within ten Business Days
after any Pledgor obtains a Pledged Note with a principal amount in excess of $5,000,000, such
Pledgor shall cause such Pledged Note to be delivered to the Collateral Agent, or the U.S.
Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, endorsed in blank
or, at the request of the Collateral Agent endorsed to the Collateral Agent, or the U.S.
Collateral Agent, as applicable, in accordance with the Intercreditor Agreement.

ARTICLE VI

Remedial Provisions

               Section 6.1. Certain Matters Relating to Accounts. (a) At any time and from time to
time after the occurrence and during the continuance of an Event of Default, the Collateral Agent
shall have the right to make test verifications of the Accounts Receivable

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constituting Collateral in any reasonable manner and through any reasonable medium that it
reasonably considers advisable, and the relevant Grantor shall furnish all such assistance and
information as the Collateral Agent may reasonably require in connection with such test
verifications. At any time and from time to time after the occurrence and during the continuance of
an Event of Default, upon the Collateral Agent’s reasonable request and at the expense of the
relevant Grantor, such Grantor shall cause independent public accountants or others reasonably
satisfactory to the Collateral Agent to furnish to the Collateral Agent reports showing
reconciliations, aging and test verifications of, and trial balances for, the Accounts Receivable
constituting Collateral.

          (b) The Collateral Agent hereby authorizes each Grantor to collect such Grantor’s Accounts
Receivable constituting Collateral and the Collateral Agent may curtail or terminate said authority
at any time after the occurrence and during the continuance of an Event of Default specified in
subsection 8(a) of the Credit Agreement. If required by the Collateral Agent at any time after the
occurrence and during the continuance of an Event of Default specified in subsection 8(a) of the
Credit Agreement, any Proceeds constituting payments or other cash proceeds of Accounts Receivables
constituting Collateral, when collected by such Grantor, (i) shall be forthwith (and, in any event,
within two Business Days of receipt by such Grantor) deposited in, or otherwise transferred by such
Grantor to, the U.S. Collateral Proceeds Account, subject to withdrawal by the Collateral Agent for
the account of the Secured Parties only as provided in subsection 6.5, and (ii) until so turned
over, shall be held by such Grantor in trust for the Collateral Agent and the other Secured
Parties, segregated from other funds of such Grantor. All Proceeds constituting collections or
other cash proceeds of Accounts Receivable constituting Collateral while held by the U.S.
Collateral Account Bank (or by any Grantor in trust for the benefit of the Collateral Agent and the
other Secured Parties) shall continue to be collateral security for all of the Obligations and
shall not constitute payment thereof until applied as hereinafter provided. At any time when an
Event of Default specified in subsection 8(a) of the Credit Agreement has occurred and is
continuing, at the Collateral Agent’s election, each of the Collateral Agent and the Administrative
Agent may apply all or any part of the funds on deposit in the U.S. Collateral Proceeds Account
established by the relevant Grantor to the payment of the Obligations of such Grantor then due and
owing, such application to be made as set forth in subsection 6.5 hereof. So long as no Event of
Default has occurred and is continuing, the funds on deposit in the U.S. Collateral Proceeds
Account shall be remitted as provided in subsection 6.1(d) hereof.

          (c) At any time and from time to time after the occurrence and during the continuance of an
Event of Default specified in subsection 8(a) of the Credit Agreement, at the Collateral Agent’s
request, each Grantor shall deliver to the Collateral Agent copies or, if required by the
Collateral Agent for the enforcement thereof or foreclosure thereon, originals of all documents
held by such Grantor evidencing, and relating to, the agreements and transactions which gave rise
to such Grantor’s Accounts Receivable constituting Collateral, including, without limitation, all
statements relating to such Grantor’s Accounts Receivable constituting Collateral and all orders,
invoices and shipping receipts.

          (d) So long as no Event of Default has occurred and is continuing, the Collateral Agent shall
instruct the U.S. Collateral Account Bank to promptly remit any funds on deposit in each Grantor’s
U.S. Collateral Proceeds Account to such Grantor’s General Fund

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Account. In the event that an Event of Default has occurred and is continuing, the Collateral Agent
and the Grantors agree that the Collateral Agent, at its option, may require that each U.S.
Collateral Proceeds Account and the General Funds Account of each Grantor be established at the
Collateral Agent. Each Grantor shall have the right, at any time and from time to time, to withdraw
such of its own funds from its own General Fund Account, and to maintain such balances in its
General Fund Account, as it shall deem to be necessary or desirable.

               Section 6.2. Communications with Obligors; Grantors Remain Liable. (a) The Collateral
Agent in its own name or in the name of others, may at any time and from time to time after the
occurrence and during the continuance of an Event of Default specified in subsection 8(a) of the
Credit Agreement, communicate with obligors under the Accounts Receivable constituting Collateral
and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with
them to the Collateral Agent’s satisfaction the existence, amount and terms of any Accounts
Receivable or Contracts.

          (b) Upon the request of the Collateral Agent at any time after the occurrence and during the
continuance of an Event of Default specified in subsection 8(a) of the Credit Agreement, each
Grantor shall notify obligors on such Grantor’s Accounts Receivable and parties to such Grantor’s
Contracts (in each case, to the extent constituting Collateral) that such Accounts Receivable and
such Contracts have been assigned to the Collateral Agent, for the ratable benefit of the Secured
Parties, and that payments in respect thereof shall be made directly to the Collateral Agent.

          (c) Anything herein to the contrary notwithstanding, each Grantor shall remain liable under
each of such Grantor’s Accounts Receivable to observe and perform all the conditions and
obligations to be observed and performed by it thereunder, all in accordance with the terms of any
agreement giving rise thereto. None of the Collateral Agent, the Administrative Agent or any other
Secured Party shall have any obligation or liability under any Account Receivable (or any agreement
giving rise thereto) by reason of or arising out of this Agreement or the receipt by the Collateral
Agent or any other Secured Party of any payment relating thereto, nor shall the Collateral Agent or
any other Secured Party be obligated in any manner to perform any of the obligations of any Grantor
under or pursuant to any Account Receivable (or any agreement giving rise thereto) to make any
payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or
as to the sufficiency of any performance by any party thereunder, to present or file any claim, to
take any action to enforce any performance or to collect the payment of any amounts that may have
been assigned to it or to which it may be entitled at any time or times.

               Section 6.3. Pledged Stock. (a) Unless an Event of Default shall have occurred and be
continuing and the Collateral Agent shall have given notice to the relevant Pledgor of the
Collateral Agent’s intent to exercise its corresponding rights pursuant to subsection 6.3(b), each
Pledgor shall be permitted to receive all cash dividends and distributions paid in respect of the
Pledged Stock (subject to the last two sentences of subsection 5.3.1 of this Agreement) and all
payments made in respect of the Pledged Notes, to the extent
permitted in the Credit Agreement, and to exercise all voting and corporate rights with respect to
the Pledged Stock; provided, however, that no vote shall be cast or corporate right
exercised or such other action taken (other than in connection with a transaction expressly
permitted by the Credit

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Agreement) which, in the Collateral Agent’s reasonable judgment, would materially impair the
Pledged Stock or the related rights or remedies of the Secured Parties or which would be
inconsistent with or result in any violation of any provision of the Credit Agreement, this
Agreement or any other Loan Document.

          (b) If an Event of Default shall occur and be continuing and the Collateral Agent shall give
notice of its intent to exercise such rights to the relevant Pledgor or Pledgors, (i) the
Collateral Agent, or the U.S. Collateral Agent, as applicable, in accordance with the Intercreditor
Agreement, shall have the right to receive any and all cash dividends, payments or other Proceeds
paid in respect of the Pledged Stock and make application thereof to the Obligations of the
relevant Pledgor in such order as is provided in subsection 6.5, and (ii) any or all of the Pledged
Stock shall be registered in the name of the Collateral Agent or its nominee or the U.S. Collateral
Agent or its nominee, and the Collateral Agent or its nominee or the U.S. Collateral Agent or its
nominee, as applicable, in accordance with the terms of the Intercreditor Agreement may thereafter
exercise (x) all voting, corporate and other rights pertaining to such Pledged Stock at any meeting
of shareholders of the relevant Issuer or Issuers or otherwise and (y) any and all rights of
conversion, exchange, subscription and any other rights, privileges or options pertaining to such
Pledged Stock as if it were the absolute owner thereof (including, without limitation, the right to
exchange at its discretion any and all of the Pledged Stock upon the merger, consolidation,
reorganization, recapitalization or other fundamental change in the corporate structure of any
Issuer, or upon the exercise by the relevant Pledgor or the Collateral Agent, or the U.S.
Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, of any right,
privilege or option pertaining to such Pledged Stock, and in connection therewith, the right to
deposit and deliver any and all of the Pledged Stock with any committee, depositary, transfer
agent, registrar or other designated agency upon such terms and conditions as the Collateral Agent,
or the U.S. Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, may
reasonably determine), all without liability (other than for its gross negligence or willful
misconduct, as determined in a final non-appealable decision issued by a court of competent
jurisdiction) except to account for property actually received by it, but the Collateral Agent, or
the U.S. Collateral Agent, as applicable, in accordance with the Intercreditor Agreement, shall
have no duty, to any Pledgor to exercise any such right, privilege or option and shall not be
responsible for any failure to do so or delay in so doing, provided that the Collateral
Agent or the U.S. Collateral Agent, as applicable, in accordance with the terms of the
Intercreditor Agreement, shall not exercise any voting or other consensual rights pertaining to the
Pledged Stock in any way that would constitute
an exercise of the remedies described in subsection 6.6 other than in accordance with subsection
6.6.

          (c) Each Pledgor hereby authorizes and instructs each Issuer or maker of any Pledged
Securities pledged by such Pledgor hereunder to (i) comply with any instruction received by it from
the Collateral Agent in writing that (x) states that an Event of Default has occurred and is
continuing and (y) is otherwise in accordance with the terms of this Agreement, without any other
or further instructions from such Pledgor, and each Pledgor agrees that each Issuer or maker shall
be fully protected in so complying, and (ii) unless otherwise expressly permitted hereby, pay any
dividends or other payments with respect to the Pledged Securities directly to the Collateral
Agent.

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               Section 6.4. Proceeds to be Turned Over To Collateral Agent. In addition to the rights
of the Collateral Agent and the other Secured Parties specified in subsection 6.1 with respect to
payments of Accounts Receivable constituting Collateral, if an Event of Default shall occur and be
continuing, and the Collateral Agent shall have instructed any Grantor to do so, all Proceeds of
Collateral received by such Grantor consisting of cash, checks and other Cash Equivalent items
shall be held by such Grantor in trust for the Collateral Agent or the U.S. Collateral Agent and
the other Secured Parties hereto or the Secured Parties (as defined in the U.S. Guarantee and
Collateral Agreement) as applicable, in accordance with the Intercreditor Agreement, segregated
from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over
to the Collateral Agent or the U.S. Collateral Agent, as applicable (or their respective agents
appointed for purposes of perfection), in the exact form received by such Grantor (duly indorsed by
such Grantor to the Collateral Agent or the U.S. Collateral Agent, as applicable, if required). All
Proceeds of Collateral received by the Collateral Agent hereunder shall be held by the Collateral
Agent, or the U.S. Collateral Agent, as applicable, in accordance with the Intercreditor Agreement,
in the relevant U.S. Collateral Proceeds Account maintained under its sole dominion and control.
All Proceeds of Collateral while held by the Collateral Agent in such U.S. Collateral Proceeds
Account (or by the relevant Grantor in trust for the Collateral Agent and the other Secured
Parties) shall continue to be held as collateral security for all the Obligations of such Grantor
and shall not constitute payment thereof until applied as provided in subsection 6.5.

               Section 6.5. Application of Proceeds. It is agreed that if an Event of Default shall
occur and be continuing, any and all Proceeds of the relevant Granting Party’s Collateral (as
defined in the Credit Agreement) received by the Collateral Agent (whether from the relevant
Granting Party or otherwise) shall be held by the Collateral Agent for the benefit of the Secured
Parties as collateral security for the Obligations of the relevant Granting Party (whether matured
or unmatured), and/or then or at any time thereafter may, in the sole discretion of the Collateral
Agent, be applied by the Collateral Agent as follows:

     (a) first, to the payment of all amounts owing the Collateral Agent for (i) any
amounts advanced by the Collateral Agent in order to preserve the Collateral or preserve its
security interest in the Collateral, (ii) in the event of the enforcement of any indebtedness,
obligations, or liabilities of any Grantor, after an Event of Default shall have occurred and be
continuing, the reasonable expenses of retaking, holding, preparing for sale or lease, selling or
otherwise disposing of or realizing on the Collateral, or of any exercise by the Collateral Agent
of its rights hereunder, together with reasonable attorneys’ fees and court costs and (iii) all
amounts paid to which the Collateral Agent has the right to reimbursement under subsection 9.4;

     (b) second, to the extent proceeds remain after the application pursuant to the
preceding clause (a), to the payment of all amounts owing to any Agent pursuant to any of the Loan
Documents in its capacity as such;

     (c) third, to the extent proceeds remain after the application pursuant to the
preceding clauses (a) and (b), an amount equal to the outstanding Primary Borrower Obligations
shall be paid to the Secured Parties as provided in subsection 6.5.2 hereof, with each Secured
Party receiving an amount equal to its outstanding Primary Borrower

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Obligations or, if the proceeds are insufficient to pay in full all such Primary Borrower
Obligations, its Pro Rata Share of the amount remaining to be distributed;

     (d) fourth, to the extent proceeds remain after the application pursuant to the
preceding clauses (a) through (c), inclusive, an amount equal to the outstanding Secondary
Borrower Obligations shall be paid to the Secured Parties as provided in subsection 6.5.2 hereof,
with each Secured Party receiving an amount equal to its outstanding Secondary Borrower
Obligations or, if the proceeds are insufficient to pay in full all such Secondary Borrower
Obligations, its Pro Rata Share of the amount remaining to be distributed;

     (e) fifth, to the extent proceeds remain after the application pursuant to preceding
clauses (a) through (d), inclusive, ratably to any then remaining unpaid Obligations; and

     (f) sixth, to the extent proceeds remain after the application pursuant to the
preceding clauses (a) through (e), inclusive, and following the termination of this Agreement, to
the relevant Grantor or to whomever may be lawfully entitled to receive such surplus.

          6.5.2 For purposes of this Agreement, (i) “Pro Rata Share” shall mean, when
calculating a Secured Party’s portion of any distribution or amount, that amount (expressed as a
percentage) equal to a fraction the numerator of which is the then unpaid amount of such Secured
Party’s Primary Borrower Obligations or Secondary Borrower Obligations, as the case may be, and the
denominator of which is the then outstanding amount of all Primary
Borrower Obligations or Secondary Borrower Obligations, as the case may be, (ii) “Primary
Obligations” shall mean (x) in the case of the Loan Document Obligations, all unpaid principal
of, premium, if any, fees and interest on, all Term Loans, and all fees and expenses due and owing
pursuant to the Credit Agreement and (y) in the case of the Other Obligations, all amounts due
under each Interest Rate Protection Agreement or Permitted Hedging Arrangement with an Other
Creditor (other than indemnities, fees (including, without limitation, attorneys’ fees) and similar
obligations and liabilities), (iii) “Secondary Obligations” shall mean all Obligations
other than Primary Obligations, (iv) “Primary Borrower Obligations” shall mean all Primary
Obligations which are also Borrower Obligations and (v) “Secondary Borrower Obligations”
shall mean all Secondary Obligations which are also Borrower Obligations.

          6.5.3 All payments required to be made hereunder shall be made (x) if to the Lender Creditors,
to the Administrative Agent for the account of the Lender Creditors and (y) if to the Other
Creditors, to the trustee, paying agent or other similar representative (each, a
“Representative”) for the Other Creditors or, in the absence of such a Representative,
directly to the Other Creditors.

          6.5.4 For purposes of applying payments received in accordance with this subsection 6.5, the
Collateral Agent shall be entitled to rely upon (i) the Administrative Agent and (ii) the
Representative or, in the absence of such a Representative, upon the Other Creditors for a
determination (which the Administrative Agent, each Representative and the Other Creditors agree
(or shall agree) to provide upon request of the Collateral Agent) of the

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outstanding Primary Borrower Obligations and Secondary Borrower Obligations owed to the Lender
Creditors or the Other Creditors, as the case may be. Unless it has received written notice from a
Lender Creditor or an Other Creditor to the contrary, the Administrative Agent and each
Representative, in furnishing information pursuant to the preceding sentence, and the Collateral
Agent, in acting hereunder, shall be entitled to assume that no Secondary Obligations are
outstanding. Unless it has written notice from an Other Creditor to the contrary, the Collateral
Agent, in acting hereunder, shall be entitled to assume that no Interest Rate Protection Agreements
or Permitted Hedging Arrangements with an Other Creditor are in existence.

          6.5.5 It is understood that the Grantors shall remain jointly and severally liable to the
extent of any deficiency between the amount of the proceeds of the Collateral and the aggregate
amount of the Obligations.

               Section 6.6. Code and Other Remedies. If an Event of Default shall occur and be
continuing, the Collateral Agent, on behalf of the Secured Parties, may, to the extent not
inconsistent with the Intercreditor Agreement, exercise, in addition to all other rights and
remedies granted to them in this Agreement and in any other instrument or agreement
securing, evidencing or relating to the Obligations to the extent permitted by applicable law, all
rights and remedies of a secured party under the Code, under any other applicable law and in
equity. Without limiting the generality of the foregoing, to the extent permitted by applicable
law, the Collateral Agent, without demand of performance or other demand, presentment, protest,
advertisement or notice of any kind (except any notice required by law referred to below) to or
upon any Granting Party or any other Person (all and each of which demands, defenses,
advertisements and notices are hereby waived), may in such circumstances, forthwith collect,
receive, appropriate and realize upon the Security Collateral, or any part thereof, and/or may
forthwith sell, lease, assign, give option or options to purchase, or otherwise dispose of and
deliver the Security Collateral or any part thereof (or contract to do any of the foregoing), in
one or more parcels at public or private sale or sales, at any exchange, broker’s board or office
of the Collateral Agent or any other Secured Party or elsewhere upon such terms and conditions as
it may deem advisable and at such prices as it may deem best, for cash or on credit or for future
delivery without assumption of any credit risk. The Collateral Agent or any other Secured Party
shall have the right, to the extent permitted by law, upon any such sale or sales, to purchase the
whole or any part of the Security Collateral so sold, free of any right or equity of redemption in
such Granting Party, which right or equity is hereby waived and released. Each Granting Party
further agrees, at the Collateral Agent’s request, to assemble the Security Collateral and make it
available to the Collateral Agent at places which the Collateral Agent shall reasonably select,
whether at such Granting Party’s premises or elsewhere. The Collateral Agent shall apply the net
proceeds of any action taken by it pursuant to this subsection 6.6, after deducting all reasonable
costs and expenses of every kind incurred in connection therewith or incidental to the care or
safekeeping of any of the Security Collateral or in any way relating to the Security Collateral or
the rights of the Collateral Agent and the other Secured Parties hereunder, including, without
limitation, reasonable attorneys’ fees and disbursements, to the payment in whole or in part of the
Obligations of the relevant Granting Party then due and owing, in the order of priority specified
in subsection 6.5 above, and only after such application and after the payment by the Collateral
Agent of any other amount required by any provision of law, including, without limitation, Section
9-615(a)(3) of the Code, need the Collateral Agent account for the surplus, if any, to such
Granting Party. To the extent permitted by applicable law, (i)

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such Granting Party waives all claims, damages and demands it may acquire against the Collateral
Agent or any other Secured Party arising out of the repossession, retention or sale of the Security
Collateral, other than any such claims, damages and demands that may arise from the gross
negligence or willful misconduct of any of the Collateral Agent or such other Secured Party (in
each case as determined in a final non-appealable decision issued by a court of competent
jurisdiction), and (ii) if any notice of a proposed sale or other disposition of Security
Collateral shall be required by law, such notice shall
be deemed reasonable and proper if given at least 10 days before such sale or other disposition.

               Section 6.7. Registration Rights. (a) If the Collateral Agent shall determine to
exercise its right to sell any or all of the Pledged Stock pursuant to subsection 6.6, and if in
the reasonable opinion of the Collateral Agent it is necessary or reasonably advisable to have the
Pledged Stock, or that portion thereof to be sold, registered under the provisions of the
Securities Act, the relevant Pledgor will use its reasonable best efforts to cause the Issuer
thereof to (i) execute and deliver, and use its best efforts to cause the directors and officers of
such Issuer to execute and deliver, all such instruments and documents, and do or cause to be done
all such other acts as may be, in the reasonable opinion of the Collateral Agent, necessary or
advisable to register such Pledged Stock, or that portion thereof to be sold, under the provisions
of the Securities Act, (ii) use its reasonable best efforts to cause the registration statement
relating thereto to become effective and to remain effective for a period of not more than one year
from the date of the first public offering of such Pledged Stock, or that portion thereof to be
sold, and (iii) make all amendments thereto and/or to the related prospectus which, in the
reasonable opinion of the Collateral Agent, are necessary or advisable, all in conformity with the
requirements of the Securities Act and the rules and regulations of the Securities and Exchange
Commission applicable thereto. Such Pledgor agrees to use its reasonable best efforts to cause such
Issuer to comply with the provisions of the securities or “Blue Sky” laws of any and all states and
the District of Columbia that the Collateral Agent shall reasonably designate and to make available
to its security holders, as soon as practicable, an earnings statement (which need not be audited)
that will satisfy the provisions of Section 11(a) of the Securities Act.

          (b) Such Pledgor recognizes that the Collateral Agent may be unable to effect a public sale of
any or all such Pledged Stock, by reason of certain prohibitions contained in the Securities Act
and applicable state securities laws or otherwise, and may be compelled to resort to one or more
private sales thereof to a restricted group of purchasers which will be obliged to agree, among
other things, to acquire such securities for their own account for investment and not with a view
to the distribution or resale thereof. Such Pledgor acknowledges and agrees that any such private
sale may result in prices and other terms less favorable than if such sale were a public sale and,
notwithstanding such circumstances, to the extent permitted by applicable law, agrees that any such
private sale shall be deemed to have been made in a commercially reasonable manner. The Collateral
Agent shall not be under any obligation to delay a sale of any of the Pledged Stock for the period
of time necessary to permit the Issuer thereof to register such securities for public sale under
the Securities Act, or under applicable state securities laws, even if such Issuer would agree to
do so.

          (c) Such Pledgor agrees to use its reasonable best efforts to do or cause to be done all such
other acts as may be necessary to make such sale or sales of all or any portion of such Pledged
Stock pursuant to this subsection 6.7 valid and binding and in compliance with any

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and all other applicable Requirements of Law. Such Pledgor further agrees that a breach of any of
the covenants contained in this subsection 6.7 will cause irreparable injury to the Collateral
Agent and the Lenders, that the Collateral Agent and the Lenders have no adequate remedy at law in
respect of such breach and, as a consequence, that each and every covenant contained in this
subsection 6.7 shall be specifically enforceable against such Pledgor, and to the extent permitted
by applicable law, such Pledgor hereby waives and agrees not to assert any defenses against an
action for specific performance of such covenants except for a defense that no Event of Default has
occurred or is continuing under the Credit Agreement.

               Section 6.8. Waiver; Deficiency. Each Granting Party shall remain liable for any
deficiency if the proceeds of any sale or other disposition of the Security Collateral are
insufficient to pay in full, the Term Loans and, to the extent then due and owing, all other
Obligations of such Granting Party and the reasonable fees and disbursements of any attorneys
employed by the Collateral Agent or any other Secured Party to collect such deficiency.

ARTICLE VII

The Collateral Agent

               Section 7.1. Collateral Agent’s Appointment as Attorney-in-Fact, etc. (a) Each
Granting Party hereby irrevocably constitutes and appoints the Collateral Agent and any authorized
officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact
with full irrevocable power and authority in the place and stead of such Granting Party and in the
name of such Granting Party or in its own name, for the purpose of carrying out the terms of this
Agreement, to take any and all appropriate action and to execute any and all documents and
instruments that may be reasonably necessary or desirable to accomplish the purposes of this
Agreement to the extent permitted by applicable law, provided that the Collateral Agent agrees not
to exercise such power except upon the occurrence and during the continuance of any Event of
Default. Without limiting the generality of the foregoing, at any time when an Event of Default has
occurred and is continuing (in each case to the extent permitted by applicable law), (x) each
Pledgor hereby gives the Collateral Agent the power and right, on behalf of such Pledgor, without
notice or assent by such Pledgor, to execute, in connection with any sale provided for in
subsection 6.6 or 6.7, any endorsements, assessments or other instruments of conveyance or transfer
with respect to such Pledgor’s Pledged Collateral, and (y) each Grantor hereby gives the Collateral
Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor,
to do any or all of the following:

     (i) in the name of such Grantor or its own name, or otherwise, take possession of and indorse
and collect any checks, drafts, notes, acceptances or other instruments for the
payment of moneys due under any Account Receivable of such Grantor that constitutes Collateral or
with respect to any other Collateral of such Grantor and file any claim or take any other action
or institute any proceeding in any court of law or equity or otherwise deemed appropriate by the
Collateral Agent for the purpose of collecting any and all such moneys due under any Account
Receivable of such Grantor that constitutes Collateral or with respect to any other Collateral of
such Grantor whenever payable;

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     (ii) in the case of any Copyright, Patent, or Trademark constituting Collateral of such
Grantor, execute and deliver any and all agreements, instruments, documents and papers as the
Collateral Agent may reasonably request to such Grantor to evidence the Collateral Agent’s and the
Lenders’ security interest in such Copyright, Patent, or Trademark and the goodwill and general
intangibles of such Grantor relating thereto or represented thereby;

     (iii) pay or discharge taxes and Liens, other than Liens permitted under this Agreement or
the other Loan Documents, levied or placed on the Collateral of such Grantor, effect any repairs
or any insurance called for by the terms of this Agreement and pay all or any part of the premiums
therefor and the costs thereof; and

     (iv) (A) direct any party liable for any payment under any of the Collateral of such Grantor
to make payment of any and all moneys due or to become due thereunder directly to the Collateral
Agent or as the Collateral Agent shall direct; (B) ask or demand for, collect, receive payment of
and receipt for, any and all moneys, claims and other amounts due or to become due at any time in
respect of or arising out of any Collateral of such Grantor; (C) sign and indorse any invoices,
freight or express bills, bills of lading, storage or warehouse receipts, drafts against debtors,
assignments, verifications, notices and other documents in connection with any of the Collateral
of such Grantor; (D) commence and prosecute any suits, actions or proceedings at law or in equity
in any court of competent jurisdiction to collect the Collateral of such Grantor or any portion
thereof and to enforce any other right in respect of any Collateral of such Grantor; (E) defend
any suit, action or proceeding brought against such Grantor with respect to any Collateral of such
Grantor; (F) settle, compromise or adjust any such suit, action or proceeding described in clause
(E) above and, in connection therewith, to give such discharges or releases as the Collateral
Agent may deem appropriate; (G) subject to any existing reserved rights or licenses, assign any
Copyright, Patent or Trademark constituting Collateral of such Grantor (along with the goodwill
of the business to which any such Copyright, Patent or Trademark pertains), for such term or
terms, on such conditions, and in such manner, as the Collateral Agent shall in its sole
discretion determine; and (H) generally, sell, transfer, pledge and make any agreement with
respect to or otherwise deal with any of the Collateral of such Grantor as fully and completely as
though the Collateral Agent were the absolute owner thereof for all purposes, and do, at the
Collateral Agent’s option and such Grantor’s expense, at any time, or from time to
time, all acts and things which the Collateral Agent deems necessary to protect, preserve or
realize upon the Collateral of such Grantor and the Collateral Agent’s and the other Secured
Parties’ security interests therein and to effect the intent of this Agreement, all as fully and
effectively as such Grantor might do.

          (b) The reasonable expenses of the Collateral Agent incurred in connection with actions
undertaken as provided in this subsection 7.1, together with the interest thereon at a rate per
annum equal to the rate per annum at which interest would then be payable on past due ABR Loans
that are Initial Term Loans under the Credit Agreement from the date of payment by the Collateral
Agent to the date reimbursed by the relevant Granting Party, shall be payable by such Granting
Party to the Collateral Agent on demand.

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          (c) Each Granting Party hereby ratifies all that said attorney shall lawfully do or cause to
be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are
coupled with an interest and are irrevocable as to the relevant Granting Party until this Agreement
is terminated as to such Granting Party, and the security interests in the Security Collateral of
such Granting Party created hereby are released.

               Section 7.2. Duty of Collateral Agent. The Collateral Agent’s sole duty with respect
to the custody, safekeeping and physical preservation of the Security Collateral in its possession,
under Section 9-207 of the Code or otherwise, shall be to deal with it in the same manner as the
Collateral Agent deals with similar property for its own account. None of the Collateral Agent or
any other Secured Party nor any of their respective officers, directors, employees or agents shall
be liable for failure to demand, collect or realize upon any of the Security Collateral or for any
delay in doing so or shall be under any obligation to sell or otherwise dispose of any Security
Collateral upon the request of any Granting Party or any other Person or, except as otherwise
provided herein, to take any other action whatsoever with regard to the Security Collateral or any
part thereof. The powers conferred on the Collateral Agent and the other Secured Parties hereunder
are solely to protect the Collateral Agent’s and the other Secured Parties’ interests in the
Security Collateral and shall not impose any duty upon the Collateral Agent or any other Secured
Party to exercise any such powers. The Collateral Agent and the other Secured Parties shall be
accountable only for amounts that they actually receive as a result of the exercise of such powers,
and neither they nor any of their officers, directors, employees or agents shall be responsible to
any Granting Party for any act or failure to act hereunder, except as otherwise provided herein or
for their own gross negligence or willful misconduct (as determined in a final non-appealable
decision issued by a court of competent jurisdiction).

               Section 7.3. Financing Statements. Pursuant to any applicable law, each Granting Party
authorizes the Collateral Agent to file or record financing statements and other filing or
recording documents or instruments with respect to such Granting Party’s Security
Collateral without the signature of such Granting Party in such form and in such filing offices as
the Collateral Agent reasonably determines appropriate to perfect the security interests of the
Collateral Agent under this Agreement. Each Granting Party authorizes the Collateral Agent to use
any collateral description determined by the Collateral Agent, including, without limitation, the
collateral description “all personal property” or “all assets” in any such financing statements.

               Section 7.4. Authority of Collateral Agent. Each Granting Party acknowledges that the
rights and responsibilities of the Collateral Agent under this Agreement with respect to any action
taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any
option, voting right, request, judgment or other right or remedy provided for herein or resulting
or arising out of this Agreement or any amendment, supplement or other modification of this
Agreement shall, as between the Collateral Agent and the Secured Parties, be governed by the Credit
Agreement and by such other agreements with respect thereto as may exist from time to time among
them, but, as between the Collateral Agent and the Granting Parties, the Collateral Agent shall be
conclusively presumed to be acting as agent for the Secured Parties with full and valid authority
so to act or refrain from acting, and no Granting Party shall be under any obligation, or
entitlement, to make any inquiry respecting such authority.

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               Section 7.5. Right of Inspection. Upon reasonable written advance notice to any
Grantor and as often as may reasonably be desired, or at any time and from time to time after the
occurrence and during the continuation of an Event of Default, the Collateral Agent shall have
reasonable access during normal business hours to all the books, correspondence and records of such
Grantor, and the Collateral Agent and its representatives may examine the same, and to the extent
reasonable take extracts therefrom and make photocopies thereof, and such Grantor agrees to render
to the Collateral Agent at such Grantor’s reasonable cost and expense, such clerical and other
assistance as may be reasonably requested with regard thereto. The Collateral Agent and its
representatives shall also have the right, upon reasonable advance written notice to such Grantor
subject to any lease restrictions, to enter during normal business hours into and upon any premises
owned, leased or operated by such Grantor where any of such Grantor’s Inventory or Equipment is
located for the purpose of inspecting the same, observing its use or otherwise protecting its
interests therein.

ARTICLE VIII

Non-Lender Secured Parties

     Section 8.1. Rights to Collateral. (a) The Non-Lender Secured Parties shall not have
any right whatsoever to do any of the following: (i) exercise any rights or remedies with respect
to the Collateral (such term, as used in this Section 8, having the meaning
assigned to it in the Credit Agreement), including, without limitation, the right to (A) enforce
any Liens or sell or otherwise foreclose on any portion of the Collateral, (B) request any action,
institute any proceedings, exercise any voting rights, give any instructions, make any election,
notice account debtors or make collections with respect to all or any portion of the Collateral or
(C) release any Guarantor under this Agreement or release any Collateral from the Liens of any
Security Document or consent to or otherwise approve any such release; (ii) demand, accept or
obtain any Lien on any Collateral (except for Liens arising under, and subject to the terms of,
this Agreement); (iii) vote in any Bankruptcy Case or similar proceeding in respect of Holdings or
any of its Subsidiaries (any such proceeding, for purposes of this clause (a), a
“Bankruptcy”) with respect to, or take any other actions concerning the Collateral; (iv)
receive any proceeds from any sale, transfer or other disposition of any of the Collateral (except
in accordance with this Agreement); (v) oppose any sale, transfer or other disposition of the
Collateral; (vi) object to any debtor-in-possession financing in any Bankruptcy which is provided
by one or more Lenders among others (including on a priming basis under Section 364(d) of the
Bankruptcy Code); (vii) object to the use of cash collateral in respect of the Collateral in any
Bankruptcy; or (viii) seek, or object to the Lenders seeking on an equal and ratable basis, any
adequate protection or relief from the automatic stay with respect to the Collateral in any
Bankruptcy.

          (b) Each Non-Lender Secured Party, by its acceptance of the benefits of this Agreement and the
other Security Documents, agrees that in exercising rights and remedies with respect to the
Collateral, the Collateral Agent and the Lenders, with the consent of the Collateral Agent, may
enforce the provisions of the Security Documents and exercise remedies thereunder and under any
other Loan Documents (or refrain from enforcing rights and exercising remedies), all in such order
and in such manner as they may determine in the exercise of their sole business judgment. Such
exercise and enforcement shall include, without limitation, the rights to collect, sell, dispose of
or otherwise realize upon all or any part of the Collateral, to incur expenses in

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connection with such collection, sale, disposition or other realization and to exercise all the
rights and remedies of a secured lender under the Uniform Commercial Code of any applicable
jurisdiction. The Non-Lender Secured Parties by their acceptance of the benefits of this Agreement
and the other Security Documents hereby agree not to contest or otherwise challenge any such
collection, sale, disposition or other realization of or upon all or any of the Collateral. Whether
or not a Bankruptcy Case has been commenced, the Non-Lender Secured Parties shall be deemed to have
consented to any sale or other disposition of any property, business or assets of Holdings or any
of its Subsidiaries and the release of any or all of the Collateral from the Liens of any Security
Document in connection therewith.

          (c) Notwithstanding any provision of this subsection 8.1, the Non-Lender Secured Parties shall
be entitled to file any necessary responsive or defensive pleadings in opposition to any motion,
claim, adversary proceeding or other pleadings (A) in order to prevent any Person from seeking to
foreclose on the Collateral or supersede the Non-Lender Secured Parties’ claim thereto or (B) in
opposition to any motion, claim, adversary proceeding or other pleading made by any Person
objecting to or otherwise seeking the disallowance of the claims of the Non-Lender Secured Parties.

          (d) Each Non-Lender Secured Party, by its acceptance of the benefit of this Agreement, agrees
that the Collateral Agent and the Lenders may deal with the Collateral, including any exchange,
taking or release of Collateral, may change or increase the amount of the Borrower Obligations
and/or the Guarantor Obligations, and may release any Guarantor from its Obligations hereunder, all
without any liability or obligation (except as may be otherwise expressly provided herein) to the
Non-Lender Secured Parties.

               Section 8.2. Appointment of Agent. Each Non-Lender Secured Party, by its acceptance of
the benefits of this Agreement and the other Security Documents, shall be deemed irrevocably to
make, constitute and appoint the Collateral Agent, as agent under the Credit Agreement (and all
officers, employees or agents designated by the Collateral Agent) as such Person’s true and lawful
agent and attorney-in-fact, and in such capacity, the Collateral Agent shall have the right, with
power of substitution for the Non-Lender Secured Parties and in each such Person’s name or
otherwise, to effectuate any sale, transfer or other disposition of the Collateral. It is
understood and agreed that the appointment of the Collateral Agent as the agent and
attorney-in-fact of the Non-Lender Secured Parties for the purposes set forth herein is coupled
with an interest and is irrevocable. It is understood and agreed that the Collateral Agent has
appointed the Administrative Agent as its agent for purposes of perfecting certain of the security
interests created hereunder and for otherwise carrying out certain of its obligations hereunder.

               Section 8.3. Waiver of Claims. To the maximum extent permitted by law, each Non-Lender
Secured Party waives any claim it might have against the Collateral Agent or the Lenders with
respect to, or arising out of, any action or failure to act or any error of judgment, negligence,
or mistake or oversight whatsoever on the part of the Collateral Agent or the Lenders or their
respective directors, officers, employees or agents with respect to any exercise of rights or
remedies under the Loan Documents or any transaction relating to the Collateral (including, without
limitation, any such exercise described in subsection 8.1(b) above), except for any such action or
failure to act which constitutes willful misconduct or gross

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negligence of such Person (as determined in a final non-appealable decision by a court of competent
jurisdiction). None of the Collateral Agent or any Lender or any of their
respective directors, officers, employees or agents shall be liable for failure to demand, collect
or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation
to sell or otherwise dispose of any Collateral upon the request of Holdings, any Subsidiary of
Holdings, any Non-Lender Secured Party or any other Person or to take any other action or forbear
from doing so whatsoever with regard to the Collateral or any part thereof, except for any such
action or failure to act which constitutes willful misconduct or gross negligence of such Person
(as determined in a final non-appealable decision by a court of competent jurisdiction).

ARTICLE IX

Miscellaneous

               Section 9.1. Amendments in Writing. None of the terms or provisions of this Agreement
may be waived, amended, supplemented or otherwise modified except by a written instrument executed
by each affected Granting Party and the Collateral Agent (acting at the direction of the Required
Lenders or, if required pursuant to Section 10.1 of the Credit Agreement, all of the Lenders),
provided that (a) any provision of this Agreement imposing obligations on any Granting Party may be
waived by the Collateral Agent in a written instrument executed by the Collateral Agent (acting at
the direction of the Required Lenders or, if required pursuant to Section 10.1 of the Credit
Agreement, all of the Lenders) and (b) notwithstanding anything to the contrary in subsection 10.1
of the Credit Agreement, no such waiver and no such amendment or modification shall amend, modify
or waive the definition of “Secured Party” or subsection 6.5 if such waiver, amendment, or
modification would adversely affect a Secured Party without the written consent of each such
affected Secured Party.

               Section 9.2. Notices. All notices, requests and demands to or upon the Collateral
Agent or any Granting Party hereunder shall be effected in the manner provided for in subsection
10.2 of the Credit Agreement; provided that any such notice, request or demand to or upon any
Guarantor shall be addressed to such Guarantor at its notice address set forth on Schedule 1,
unless and until such Guarantor shall change such address by notice to the Collateral Agent and the
Administrative Agent given in accordance with subsection 10.2 of the Credit Agreement.

               Section 9.3. No Waiver by Course of Conduct; Cumulative Remedies. None of the
Collateral Agent or any other Secured Party shall by any act (except by a written instrument
pursuant to subsection 9.1), delay, indulgence, omission or otherwise be deemed to have waived any
right or remedy hereunder or to have acquiesced in any Default or Event of Default. No failure to
exercise, nor any delay in exercising, on the part of the Collateral Agent or any other Secured
Party, any right, power or privilege hereunder shall operate as a waiver thereof. No single or
partial exercise of any right, power or privilege hereunder shall preclude any other or further
exercise thereof or the exercise of any other right, power or privilege. A waiver by the Collateral
Agent or any other Secured Party of any right or remedy hereunder on any one occasion shall not be
construed as a bar to any right or remedy which the Collateral Agent or such other Secured Party
would otherwise have on any future occasion. The rights and

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remedies herein provided are cumulative, may be exercised singly or concurrently and are not
exclusive of any other rights or remedies provided by law.

               Section 9.4. Enforcement Expenses; Indemnification. (a) Each Guarantor jointly and
severally agrees to pay or reimburse each Secured Party and the Collateral Agent for all their
respective reasonable costs and expenses incurred in collecting against any Guarantor under the
guarantee contained in Section 2 or otherwise enforcing or preserving any rights under this
Agreement against such Guarantor and the other Loan Documents to which such Guarantor is a party,
including, without limitation, the reasonable fees and disbursements of counsel to the Secured
Parties, the Collateral Agent and the Administrative Agent.

          (b) Each Grantor jointly and severally agrees to pay, and to save the Collateral Agent, the
Administrative Agent and the other Secured Parties harmless from, (x) any and all liabilities with
respect to, or resulting from any delay in paying, any and all stamp, excise, sales or other
similar taxes which may be payable or determined to be payable with respect to any of the Security
Collateral or in connection with any of the transactions contemplated by this Agreement and (y) any
and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery,
enforcement, performance and administration of this Agreement (collectively, the “indemnified
liabilities”), in each case to the extent the Parent Borrower would be required to do so
pursuant to subsection 10.5 of the Credit Agreement, and in any event excluding any taxes or other
indemnified liabilities arising from gross negligence or willful misconduct of the Collateral Agent
or any other Secured Party (as determined in a final non-appealable decision by a court of
competent jurisdiction).

          (c) The agreements in this subsection 9.4 shall survive repayment of the Obligations and all
other amounts payable under the Credit Agreement and the other Loan Documents.

               Section 9.5. Successors and Assigns. This Agreement shall be binding upon and shall
inure to the benefit of the Granting Parties, the Collateral Agent and the Secured Parties and
their respective successors and assigns; provided that no Granting Party may assign, transfer or
delegate any of its rights or obligations under this Agreement without the prior written consent of
the Collateral Agent.

               Section 9.6. Set-Off. Each Guarantor hereby irrevocably authorizes each of the
Administrative Agent and the Collateral Agent and each other Secured Party at any time and from
time to time without notice to such Guarantor, any other Guarantor or any of
the Borrowers, any such notice being expressly waived by each Guarantor and by each Borrower, to
the extent permitted by applicable law, upon the occurrence and during the continuance of an Event
of Default under subsection 8(a) of the Credit Agreement so long as any amount remains unpaid after
it becomes due and payable by such Guarantor hereunder, to set-off and appropriate and apply
against any such amount any and all deposits (general or special, time or demand, provisional or
final) (other than the U.S. Collateral Proceeds Account), in any currency, and any other credits,
indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or
contingent, matured or unmatured, at any time held or owing by the Collateral Agent, the
Administrative Agent or such other Secured Party to or for the credit or the account of such

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Guarantor, or any part thereof in such amounts as the Collateral Agent, the Administrative Agent or
such other Secured Party may elect. The Collateral Agent, the Administrative Agent and each other
Secured Party shall notify such Guarantor promptly of any such set-off and the application made by
the Collateral Agent, the Administrative Agent or such other Secured Party of the proceeds thereof;
provided that the failure to give such notice shall not affect the validity of such set-off and
application. The rights of the Collateral Agent, the Administrative Agent and each other Secured
Party under this subsection 9.6 are in addition to other rights and remedies (including, without
limitation, other rights of set-off) which the Collateral Agent, the Administrative Agent or such
other Secured Party may have.

               Section 9.7. Counterparts. This Agreement may be executed by one or more of the
parties to this Agreement on any number of separate counterparts, and all of said counterparts
taken together shall be deemed to constitute one and the same instrument.

               Section 9.8. Severability. Any provision of this Agreement which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction; provided that, with respect to any Pledged
Stock issued by a Foreign Subsidiary, all rights, powers and remedies provided in this Agreement
may be exercised only to the extent that they do not violate any provision of any law, rule or
regulation of any Governmental Authority applicable to any such Pledged Stock or affecting the
legality, validity or enforceability of any of the provisions of this Agreement against the Pledgor
(such laws, rules or regulations, “Applicable Law”) and are intended to be limited to the extent
necessary so that they will not render this Agreement invalid, unenforceable or not entitled to be
recorded, registered or filed under the provisions of any Applicable Law.

               Section 9.9. Section Headings. The Section headings used in this Agreement are for
convenience of reference only and are not to affect the construction hereof or be taken into
consideration in the interpretation hereof.

               Section 9.10. Integration. This Agreement and the other Loan Documents represent the
entire agreement of the Granting Parties, the Collateral Agent and the other Secured Parties with
respect to the subject matter hereof, and there are no promises, undertakings, representations or
warranties by the Granting Parties, the Collateral Agent or any other Secured Party relative to
subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents.

               Section 9.11. GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE
WITH, THE LAW OF THE STATE OF NEW YORK.

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               Section 9.12. Submission To Jurisdiction; Waivers. Each party hereto hereby
irrevocably and unconditionally:

     (a) submits for itself and its property in any legal action or proceeding relating to this
Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement
of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of
the State of New York, the courts of the United States of America located in the county of New
York, and appellate courts from any thereof;

     (b) consents that any such action or proceeding may be brought in such courts and waives any
objection that it may now or hereafter have to the venue of any such action or proceeding in any
such court or that such action or proceeding was brought in an inconvenient court and agrees not
to plead or claim the same;

     (c) agrees that service of process in any such action or proceeding may be effected by
mailing a copy thereof by registered or certified mail (or any substantially similar form of
mail), postage prepaid, to such party at its address referred to in subsection 9.2 or at such
other address of which the Collateral Agent and the Administrative Agent (in the case of any
other party hereto) or the Parent Borrower (in the case of the Collateral Agent and the
Administrative Agent) shall have been notified pursuant thereto;

     (d) agrees that nothing herein shall affect the right to effect service of process in any
other manner permitted by law or shall limit the right to sue in any other jurisdiction; and

     (e) waives, to the maximum extent not prohibited by law, any right it may have to claim or
recover in any legal action or proceeding referred to in this Section any consequential or
punitive damages.

               Section 9.13. Acknowledgments. Each Guarantor hereby acknowledges that:

     (a) it has been advised by counsel in the negotiation, execution and delivery of this
Agreement and the other Loan Documents to which it is a party;

     (b) none of the Collateral Agent, the Administrative Agent or any other Secured Party has any
fiduciary relationship with or duty to any Guarantor arising out of or in connection with this
Agreement or any of the other Loan Documents, and the relationship between the Guarantors, on the
one hand, and the Collateral Agent, the Administrative Agent and the other Secured Parties, on the
other hand, in connection herewith or therewith is solely that of creditor and debtor; and

     (c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by
virtue of the transactions contemplated hereby and thereby among the Secured Parties or among the
Guarantors and the Secured Parties.

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               Section 9.14. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT
OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

               Section 9.15. Additional Granting Parties. Each new Subsidiary of the Parent Borrower
that is required to become a party to this Agreement pursuant to subsection 6.9(b) of the Credit
Agreement shall become a Granting Party for all purposes of this Agreement upon execution and
delivery by such Subsidiary of an Assumption Agreement in the form of Annex 2 hereto. Each existing
Granting Party that is required to become a Pledgor with respect to Capital Stock of any new
Subsidiary of the Parent Borrower pursuant to subsection 6.9(b) of the Credit Agreement shall
become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a
Supplemental Agreement substantially in the form of Annex 2 hereto.

               Section 9.16. Releases. (a) At such time as the Term Loans and the other Obligations
then due and owing shall have been paid in full, the Commitments have been terminated, all Security
Collateral shall be released from the Liens created hereby, and this Agreement and all obligations
(other than those expressly stated to survive such termination) of the Collateral Agent and each
Granting Party hereunder shall terminate, all without delivery of any instrument or performance of
any act by any party, and all rights to the Security Collateral shall revert to the Granting
Parties. At the request and
sole expense of any Granting Party following any such termination, the Collateral Agent shall
deliver to such Granting Party any Security Collateral held by the Collateral Agent hereunder, and
execute and deliver to such Granting Party such documents (including without limitation UCC
termination statements) as such Granting Party shall reasonably request to evidence such
termination.

          (b) In connection with any sale or other disposition of Security Collateral permitted by the
Credit Agreement (other than any sale or disposition to another Grantor), the Lien pursuant to this
Agreement on such sold or disposed of Security Collateral shall be automatically released. In
connection with the sale or other disposition of all of the Capital Stock of any Guarantor (other
than to Holdings, the Parent Borrower or a Subsidiary of either) or the sale or other disposition
of Security Collateral (other than a sale or disposition to another Grantor) permitted under the
Credit Agreement, the Collateral Agent shall, upon receipt from the Parent Borrower of a written
request for the release of such Guarantor from its Guarantee or the release of the Security
Collateral subject to such sale or other disposition, identifying such Guarantor or the relevant
Security Collateral and the terms of the sale or other disposition in reasonable detail, including
the price thereof and any expenses in connection therewith, together with a certification by the
Parent Borrower stating that such transaction is in compliance with the Credit Agreement and the other
Loan Documents, execute and deliver to the relevant Granting Party (at the sole cost and expense of
such Granting Party and without representation or warranty of any kind) all releases or other
documents (including without limitation UCC termination statements) necessary or reasonably
desirable for the release of such Guarantee or the Liens created hereby on such Security
Collateral, as applicable, as such Granting Party may reasonably request.

[Remainder of page left blank intentionally; Signature page to follow.]

-44-

 

EXECUTION VERSION

EXHIBIT E

          IN WITNESS WHEREOF, the undersigned has caused this Guarantee and
Collateral Agreement to be duly executed and delivered as of the date first
written above.

	 	 	 	 	 
	 	RSC HOLDINGS II, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	RSC HOLDINGS III, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	RENTAL SERVICE CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 	 	 
	Acknowledged and Agreed to as
of the date hereof by:	 	 
	 
	 	 	 	 	 	 
	DEUTSCHE BANK AG, NEW YORK BRANCH,	 	 
	 	 	as Collateral Agent and Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

EXECUTION VERSION

EXHIBIT E
SCHEDULE 1

NOTICE ADDRESSES OF GUARANTORS

          Notices, requests or demands to or upon any Guarantor under the
Guarantee and Collateral Agreement shall be made to such Guarantor:

c/o RENTAL SERVICE CORPORATION

6929 East Greenway Parkway

Scottsdale, Arizona 85254

Attention: Kevin Loughlin, Vice President and Treasurer

Facsimile: (281) 647-5002

Telephone: (281) 647-2412

with copies to:

Ripplewood Holdings, L.L.C.

1 Rockefeller Plaza, 32nd Floor

New York, New York 10020

Attention: Christopher P. Minnetian, Esq.

Facsimile: (212) 218-2778

Telephone: (212) 582-6700

Oak Hill Capital Management, LLC

65 East 55th Street, 36th Floor

New York, New York 10022

Attention: John R. Monsky, Esq.

Facsimile: (212) 758-3572

Telephone: (212) 326-1590

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

Attention: Paul D. Brusiloff, Esq.

Facsimile: (212) 521-7015

Telephone: (212) 909-6015

2

 

EXECUTION VERSION

EXHIBIT E
SCHEDULE 2

PLEDGED SECURITIES

I. Pledged Stock

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	% of All
	 	 	 	 	 	 	 	 	 	 	 	 	Number Of	 	Issued Capital
	 	 	 	 	Class of	 	 	 	 	 	 	 	Shares or	 	or Other Equity
	 	 	 	 	Stock or	 	 	 	Certificate	 	Interests	 	Interests of
	Pledgor	 	Issuer	 	Interests	 	Par Value	 	No(s).	 	Pledged	 	Issuer Pledged
	RSC Holdings II, LLC

	 	RSC Holdings III, LLC
	 	N/A
	 	N/A
	 	Uncertificated
	 	 	N/A	 	 	 	100	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC Holdings III, LLC

	 	Rental Service Corporation
	 	Common
	 	No par value.
	 	 	2	 	 	 	1,000	 	 	 	100	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	Rental Service Corporation
of Canada Ltd.
	 	Common
	 	No par value.
	 	 	8	 	 	 	715	 	 	 	65	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Rental Service Corporation

	 	Rental Service Corporation
of Canada Ltd.
	 	Common
	 	No par value.
	 	 	9	 	 	 	385	 	 	 	35	%

II. PLEDGED NOTES

     None.

3

 

SCHEDULE 3

PERFECTION MATTERS

Existing Security Interests

     None.

UCC Filings

	 	 	 	 	 	 	 
	Granting Party	 	State	 	Filing Office	 	Document Filed
	1. RSC Holdings II, LLC

	 	Delaware
	 	Secretary of State
	 	Form UCC-1
	 
	 	 	 	 	 	 
	2. RSC Holdings III, LLC

	 	Delaware
	 	Secretary of State
	 	Form UCC-1
	 
	 	 	 	 	 	 
	3. Rental Service Corporation

	 	Arizona
	 	Secretary of State
	 	Form UCC-1
	
	 	 	 	 	 	 

Intellectual Property Filings

	A.	 	Filings with the U.S. Patent and Trademark Office
	 
	1.	 	Filing of a Notice of Grant of Security Interest in Trademarks owned by
Rental Service Corporation
	 
	B.	 	Filings with the U.S. Copyright Office
	 
	1.	 	Filing of a Notice of Grant of Security Interest in Copyrights owned by
Rental Service Corporation

4

 

SCHEDULE 4

LOCATION OF JURISDICTION OF ORGANIZATION

	 	 	 
	Granting Party	 	Jurisdiction of Incorporation
	RSC Holdings II, LLC

	 	Delaware, United States
	 
	 	 
	RSC Holdings III, LLC

	 	Delaware, United States
	 
	 	 
	Rental Service Corporation

	 	Arizona, United States

5

 

SCHEDULE 5

INTELLECTUAL PROPERTY

A. Patents and Patent Licenses

     None.

B. Trademarks and Trademark Licenses

1. U.S. Trademarks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Owner of Record
	1-888-RENT-RSC

	 	 	75939274	 	 	3/3/2000
	 	 	2435179	 	 	3/13/2001
	 	Registered 3/13/01
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1-888-RENT-RSC

	 	 	75937962	 	 	3/3/2000
	 	 	2435174	 	 	3/13/2001
	 	Registered 3/13/01
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BRAND ON COMMAND

	 	 	78757357	 	 	11/18/2005
	 	 	 	 	 	 	 	Pending
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RENT OUR EQUIPMENT CUT YOUR
COSTS

	 	 	78570582	 	 	2/18/2005
	 	 	3147687	 	 	9/26/06
	 	Registration
9/26/06
RSC elected not to pursue
further
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RENT OUR EQUIPMENT RAISE YOUR
PROFITS

	 	 	78560196	 	 	2/3/2005
	 	 	 	 	 	 	 	Published for Opposition

10/17/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC

	 	 	78795158	 	 	1/19/2006
	 	 	 	 	 	 	 	Pending
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC

	 	 	75319879	 	 	7/7/1997
	 	 	2264049	 	 	7/27/1999
	 	Sec. 8 & 15 Accepted 1/14/05
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC EQUIPMENT RENTAL

	 	 	78492564	 	 	9/30/2004
	 	 	3136868	 	 	8/29/2006
	 	Registered 8/29/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC ONLINE

	 	 	78534413	 	 	12/17/2004
	 	 	3111367	 	 	7/4/2006
	 	Registration 7/4/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC RENTAL SERVICE CORPORATION

	 	 	74709781	 	 	8/1/1995
	 	 	2028379	 	 	1/7/1997
	 	Sec. 8 & 15 Accepted 3/28/03
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	RSC’S BRAND ON COMMAND

	 	 	78757380	 	 	11/18/2005
	 	 	 	 	 	 	 	Approved for Publication

10/20/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL CONTROL

	 	 	76510869	 	 	4/30/2003
	 	 	2850473	 	 	6/8/2004
	 	Registered 6/8/04
	 	RSC

2. State Trademarks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	State	 	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Owner of Record
	Wisconsin†

	 	SARGE’S A-1 RENTALS
	 	 	 	November 17, 1999
	 	 	 	 	 	Registered
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Kansas†

	 	VALLEY RENTALS
	 	 	 	August 21, 1998
	 	 	 	 	 	Registered
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Kansas†

	 	CENTER RENTAL, SALES,
SERVICE
	 	 	 	August 21, 1998
	 	 	 	 	 	Registered
	 	RSC

6

 

 

			
	†	 	These are state trademark registrations which RSC does not intend to renew.

3. Foreign Trademarks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	State	 	Trademark	 	App. No.	 	App. Date	 	Reg. No.	 	Reg. Date	 	Status	 	Owner of Record
	Canada

	 	TOTAL CONTROL
	 	1195024

RSC-10124
	 	10/29/2003
	 	TMA672415
	 	9/12/2006
	 	Registered

9/12/06
	 	RSC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mexico

	 	RSC EQUIPMENT RENTAL
800.222. 7777
	 	 	 	4/22/2005
	 	 	890294	 	 	 	 	 	 	Atlas Copco

Mexicana

Tlainepantia

Mexico*
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mexico

	 	RSC EQUIPMENT RENTAL
800.222.7777
	 	 	 	4/22/2005
	 	 	889386	 	 	 	 	 	 	Atlas Copco

Mexicana

Tlainepantia

Mexico*

 

			
	*	 	To be assigned to RSC

4. Trademark Licenses

None.

C. Copyrights and Copyright Licenses

1. U.S. Registered Copyrights

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Title	 	Reg. No.	 	 	Reg. Date	 	Owner of Record	 
	Main—Industrial Air Tools tool rental system
	 	TX-5-866-708	 	 	10/28/2003	 	 	RSC

     2. Copyright Licenses1

	 	1.	 	AT&T Master Agreement Version IX MA Reference No. 120681 dated May 27,
2003 between the Company and AT&T, together with Addendum thereto of
even date therewith, and any Supplement, Addendum, or Annex thereto.
	 
	 	2.	 	Software License Agreement dated November 14, 2000 between Acceleron
Incorporated and RSC.
	 
	 	3.	 	Kronos Sales Agreement and Software License dated as of May 14, 2004
between Kronos Incorporated and Rental Service Corporation.
	 
	 	4.	 	Non-Exclusive License Agreement dated August 31, 1994 between Lawson
Associates Inc. and RSC (successor to Acme Holdings, Inc.), together
with Addenda thereto.
	 
	 	5.	 	Master Agreement dated August 31, 1994 between Wynne Systems, Inc. and
ACME Acquisition Corp., together with Amendment Number One thereto
dated December 10,

 

			
	1	 	Other agreements (including licenses) with any Grantor with respect to
other software or incidental use of trademarks or technology are not
listed.

-7-

 

	 	 	 	1999, Amendment Number Two thereto dated as of September 3, 2003 and
Custom Programming and Confidentiality Agreement dated March 20, 1998.
	 
	 	6.	 	CopperKey Data and Professional Services Agreement 0105 dated as of
December 13, 2004 between RSC and CopperKey, Inc.
	 
	 	7.	 	License and Services Agreement dated December 15, 2005 between PROS
Revenue Management, L.P. dba PROS Pricing Solutions and RSC, together
with First Amendment thereto dated March 20, 2006.
	 
	 	8.	 	Services and Software License Agreement dated as of December 17, 2002
between the Company and ProBusiness Services, Inc., as amended by
First Amendment thereto dated May 31, 2005.
	 
	 	9.	 	Software License Agreement dated February 25, 2003 between Conduit
Internet Technologies, Inc. and RSC.
	 
	 	10.	 	Qualcomm — Omnitracs and Omniexpress Contract, dated September 26,
2003, and any Amendment thereto.
	 
	 	11.	 	Safety Solutions Systems Amendment to Contract Customer Training
Information and Data Management, dated March 13, 2006.
	 
	 	12.	 	Taleo Application Service Provider Agreement (dated June 20, 2005).
	 
	 	13.	 	Multivendor Information Technology Recovery Services Contract,
together with Statement of Work for Services — IBM Business Continuity
and Recovery Services for Operating System Restore, effective October
7, 2006, between IBM Corporation and Rental Service Corporation as
supplemented or amended.
	 
	 	14.	 	IBM Agreement for Exchange of Confidential Information, dated
September 16, 2003, between Atlas Copco North America (c/o Rental
Service Corporation) and International Business Machines Corporation.
	 
	 	15.	 	Relavis Corporation Consulting Services Agreement, effective as of May
19, 2004, between Relavis Corporation and Rental Service Comparison.
	 
	 	16.	 	Sprint Customer Service Agreement No. BSG0408-2640, between Sprint and
RSC.
	 
	 	17.	 	Bellsouth Business Master Agreement For Regulated Services and Volume
Term Agreement, effective September 1, 2004, between RSC and
affiliates and BellSouth Telecommunications, Inc.
	 
	 	18.	 	Qwest ISDN PRS, and/or DSS advanced and/or UAS Bulk Rated Agreement,
undated, between RSC and Qwest Corporation.
	 
	 	19.	 	Texas Primary Rate ISDN SmartTrunk Promotion, effective December 8,
2004, between Southwestern Bell Telephone and RSC.
	 
	 	20.	 	Boomerang Software License Agreement, dated October 4, 2001, by and
between Acceleron, Inc. and Rental Service Corporation.
	 
	 	21.	 	Maintenance & Support Agreement, Schedule B to the Boomerang Software
License Agreement, dated October 4, 2001, by and between Acceleron,
Inc. and Rental Service Corporation.

-8-

 

	 	22.	 	Safety Solutions Systems Amendment to Contract Authority to Amend
Contract and Return of Data and Software Code, dated April 19, 2006.
	 
	 	23.	 	Safety Solutions Systems Amendment to Contract Employee/Customer
Training Information and Data Management, dated April 19, 2006.
	 
	 	24.	 	Safety Solutions Systems Amendment to Contract Customer Training
Information and Data Management, dated March 13, 2006.
	 
	 	25.	 	Safety Solutions Systems Amendment to Contract Books and Records,
dated September 26, 2005.
	 
	 	26.	 	Safety Solutions Systems Amendment to Letter of Intent and Contract
DOT HAZMAT Training Employee Training Management & Data Management,
dated October 27, 2005.
	 
	 	27.	 	Safety Solutions Systems Amendment Letter to Contract-Ad Hoc Services
 — Project Management, Programming, Integration, Data Auditing and Data
Entry, dated October 27, 2005.
	 
	 	28.	 	DOT Compliance Management Project Review Summary, dated August 8,
2006, as related to Rental Service Corporation and Safety Solutions
Systems.
	 
	 	29.	 	Letter regarding Contractual Compliance Status Statement, dated
September 14, 2006.
	 
	 	30.	 	Professional Services and Non-Disclosure Agreement, dated February 6,
2003, by and between Software Architects, Inc. and Rental Service
Corporation.
	 
	 	31.	 	Mutual Non-Disclosure Agreement, dated January 28, 2003, by and
between Software Architects, Inc. and Rental Service Corporation.
	 
	 	32.	 	Amendment 1 to Professional Services and Non-Disclosure Agreement,
dated as of March 5, 2004, between Software Architects, Inc. and
Rental Service Corporation.
	 
	 	33.	 	Amendment 2 to Professional Services Agreement, dated as of March 6,
2005 between Software Architects, Inc. and Rental Service Corporation.
	 
	 	34.	 	Amendment 3 to Professional Services Agreement, dated as of February
7, 2006, between Software Architects, Inc. and Rental Service
Corporation.
	 
	 	35.	 	Letter Agreement dated July 6, 2006, between Data Rich International
addressed to Rental Service Corporation.
	 
	 	36.	 	Agreement for Consulting Service, dated as of July 28, 2006, by and
between Rental Service Corporation and Technology Transfer
Incorporated.
	 
	 	37.	 	Pembrooke Contract for Services, dated as of August 30, 2005, by and
between Pembrooke Occupational Health, Inc. and Rental Service
Corporation.
	 
	 	38.	 	Consent Agreement, effective July 31, 2006, by and between the Royal
Shakespeare Company and Rental Service Corporation.
	 
	 	39.	 	Total Control software is licensed to certain customers in the
ordinary course of business.
	 
	 	40.	 	Licenses for the following software: IBM Lotus Notes CEO, Symantec
Anti-Virus Enterprise Edition and Microsoft MS Enterprise Agreement
(Windows and MS Office).

-9-

 

SCHEDULE 6

CONTRACTS

None.

10

 

SCHEDULE 7

COMMERCIAL TORT CLAIMS

None.

11

 

 

ANNEX 1

to

Guarantee and Collateral Agreement

ACKNOWLEDGEMENT AND CONSENT*

     The undersigned hereby acknowledges receipt of a copy of the Guarantee and Collateral
Agreement, dated as of November 27, 2006 (the “Agreement”), made by the Granting Parties
thereto for the benefit of Deutsche Bank AG, New York Branch, as Collateral Agent and
Administrative Agent. The undersigned agrees for the benefit of the Collateral Agent, the
Administrative Agent and the Lenders as follows:

     The undersigned will be bound by the terms of the Agreement and will comply with such terms
insofar as such terms are applicable to the undersigned.

     The undersigned will notify the Collateral Agent promptly in writing of the occurrence of any
of the events described in subsection 5.3.1 of the Agreement.

     The terms of subsections 6.3(c) and 6.7 of the Agreement shall apply to it, mutatis
mutandis, with respect to all actions that may be required of it pursuant to subsection 6.3(c)
or 6.7 of the Agreement.

	 	 	 	 	 
	 	 	[NAME OF ISSUER]
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:
	 
	 	 	 	 
	 	 	Address for Notices:
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 

	 	Fax:	 	 

 

			
	*	 	This consent is necessary only with respect to any Issuer which is not also a
Granting Party.

 

 

ANNEX 2

to

Guarantee and Collateral Agreement

ASSUMPTION AGREEMENT

     ASSUMPTION AGREEMENT, dated as of                                            ,                      , made by                                         ,
a ___corporation (the “Additional Granting Party”), in favor of DEUTSCHE BANK AG,
NEW YORK BRANCH, as Collateral Agent (in such capacity, the “Collateral Agent”) and as
Administrative Agent (in such capacity, the “Administrative Agent”) for the banks and other
financial institutions (the “Lenders”) from time to time parties to the Credit Agreement
referred to below and the other Secured Parties (as defined below). All
capitalized terms not defined herein shall have the meaning ascribed to them in
such the Guarantee and Collateral Agreement referred to below, or if not defined
therein, in the Credit Agreement.

WITNESSETH:

WHEREAS, RSC HOLDINGS II, LLC (“Holdings”), RSC HOLDINGS III, LLC (the “Parent
Borrower”), RENTAL SERVICE CORPORATION (“RSC”), the other Borrowers parties thereto,
DEUTSCHE BANK AG, NEW YORK BRANCH, as Administrative Agent and Collateral Agent, and the several
banks and other financial institutions from time to time parties thereto are parties to a Credit
Agreement, dated as of November 27, 2006 (as amended, supplemented, waived or otherwise modified
from time to time, the “Credit Agreement”);

     WHEREAS, in connection with the Credit Agreement, Holdings, the Parent Borrower, RSC and
certain of its Subsidiaries are, or are to become, parties to the Guarantee and Collateral
Agreement, dated as of November 27, 2006 (as amended, supplemented, waived or otherwise modified
from time to time, the “Guarantee and Collateral Agreement”), in favor of the Collateral
Agent, for the ratable benefit of the Secured Parties (as defined in the Guarantee and Collateral
Agreement);

     WHEREAS, the Additional Granting Party is a member of an affiliated group of companies that
includes the Parent Borrower and each other Granting Party; the proceeds of the extensions of
credit under the Credit Agreement will be used in part to enable the Borrowers to make valuable
transfers to one or more of the other Granting Parties (including the Additional Granting Party) in
connection with the operation of their respective businesses; and the Borrowers and the other
Granting Parties (including the Additional Granting Party) are engaged in related businesses, and
each such Granting Party (including the Additional Granting Party) will derive substantial direct
and indirect benefit from the making of the extensions of credit under the Credit Agreement;

     WHEREAS, the Credit Agreement requires the Additional Granting Party to become a party to the
Guarantee and Collateral Agreement; and

 

 

Annex 2

Page 2

     WHEREAS, the Additional Granting Party has agreed to execute and deliver this Assumption
Agreement in order to become a party to the Guarantee and Collateral Agreement;

     NOW, THEREFORE, IT IS AGREED:

     1. Guarantee and Collateral Agreement. By executing and delivering this Assumption
Agreement, the Additional Granting Party, as provided in subsection 9.15 of the Guarantee and
Collateral Agreement, hereby becomes a party to the Guarantee and Collateral Agreement as a
Granting Party thereunder with the same force and effect as if originally named therein as a
Guarantor, Grantor and Pledgor and, without limiting the generality of the foregoing, hereby
expressly assumes all obligations and liabilities of a Guarantor, Grantor and Pledgor thereunder.
The information set forth in Annex 1-A hereto is hereby added to the information set forth
in Schedules                     to the Guarantee and Collateral Agreement, and such Schedules are hereby
amended and modified to include such information. The Additional Granting Party hereby represents
and warrants that each of the representations and warranties of such Additional Granting Party, in
its capacities as a Guarantor, Grantor and Pledgor, contained in Section 4 of the Guarantee
and Collateral Agreement is true and correct in all material respects on and as the date hereof
(after giving effect to this Assumption Agreement) as if made on and as of such date.

     2. GOVERNING LAW. THIS ASSUMPTION AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER AND ANY CLAIM OR CONTROVERSY RELATING HERETO SHALL BE GOVERNED BY, AND CONSTRUED
AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

 

 

Annex 2

Page 3

     IN WITNESS WHEREOF, the undersigned has caused this Assumption
Agreement to be duly executed and delivered as of the date first above written.

	 	 	 	 	 	 	 
	 	 	[ADDITIONAL GRANTING PARTY]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 

Acknowledged and Agreed to as 
of the date hereof by:

	 	 	 	 	 
	DEUTSCHE BANK AG, NEW YORK BRANCH	 	 
	as Collateral Agent and Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

 

ANNEX 1-A

to

Assumption Agreement

Supplement to
Guarantee and Collateral Agreement

Schedule 1

Supplement to
 Guarantee and Collateral Agreement

Schedule 2

Supplement to
 Guarantee and Collateral Agreement

Schedule 3

Supplement to
 Guarantee and Collateral Agreement

Schedule 4

Supplement to
 Guarantee and Collateral Agreement

Schedule 5

Supplement to
 Guarantee and Collateral Agreement

Schedule 6

Supplement to
 Guarantee and Collateral Agreement

Schedule 7

Supplement to
 Guarantee and Collateral Agreement

 

 

EXECUTION VERSION

EXHIBIT F

 FORM OF CLOSING CERTIFICATE

          I, the undersigned, [Secretary/Assistant Secretary] of [Name of Credit Agreement Party], a
[corporation] [limited liability company] organized and existing under the laws of the
[State of [___]] [Province of [___]] (the “Company”), [which corporation constitutes the
general partner of ______ , a ______ [general] [limited] partnership (the “Partnership”),] [which
corporation constitutes the managing member of___, a ___limited liability company
(the “Limited Liability Company”),] do hereby certify, solely in my capacity as an officer
of the Company and not in my individual capacity, on behalf of the Company [, as the general
partner of the Partnership] [, as the managing member of the Limited Liability Company], that:

          1. This Certificate is furnished pursuant to the Second-Lien Term Loan Credit Agreement, dated
as of November ___, 2006, among the Company, [RSC HOLDINGS II, LLC,] [RSC HOLDINGS III, LLC,] [RENTAL
SERVICE CORPORATION,] the various banks and other financial institutions from time to time parties
thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as administrative agent and collateral agent, and
CITICORP NORTH AMERICA, INC., as syndication agent, (such Credit Agreement, as in effect on the
date of this Certificate, being herein called the “Credit Agreement”). Unless otherwise defined
herein, capitalized terms used in this Certificate shall have the meanings set forth in the Credit
Agreement.

          2. Attached hereto as Exhibit B is a complete and correct copy of the [Certificate of
Incorporation of the Company] [Certificate of Partnership of the Partnership] [Certificate of
Formation of the Limited Liability Company], as filed in the Office of the Secretary of State of
the State of ___on ___, ___, together with all amendments thereto adopted through the date hereof.

          3. Attached hereto as Exhibit C is a [complete and correct copy of the By- Laws of the Company
which were duly adopted and are in full force and effect on the date hereof] [certified copy of the
[Partnership Agreement of the Partnership] [Limited Liability Company Agreement of the Limited
Liability Company] together with all amendments thereto adopted through the date hereof.

          4. Attached hereto as Exhibit D is a complete and correct copy of resolutions which were duly
adopted on ___, ___[by unanimous written consent of the Board of Directors of the Company], and said
resolutions have not been rescinded, amended or modified. Except as attached hereto as Exhibit D,
no resolutions have been adopted by the Board of Directors of the Company which directly deal with
the execution, delivery or performance of any of the Loan Documents to which the Company[, as the
general partner of the Partnership,] [, as the managing member of the Limited Liability Company,]
is a party.

          The following persons are duly elected or appointed officers of the Company, and each holds
the office of the Company set forth opposite their name. The signatures written opposite the name
and title of each such officer are their genuine signatures:

 

 

Exhibit F

	 	 	 	 	 
	Name1	 	Office	 	Signature
	 
	 	 	 	 
	 

	 	 
	 	 
	 
	 	 	 	 
	 

	 	 
	 	 
	 
	 	 	 	 
	 

	 	 
	 	 

          IN WITNESS WHEREOF, I have hereunto set my hand this ___day of ___, ___.

	 	 	 	 	 
	 	[NAME OF CREDIT PARTY]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	[Secretary/Assistant Secretary] 	 
	 

          I, the undersigned, [Chairman/Vice-Chairman/President/Vice-President] of the Company, do
hereby certify, solely in my capacity as an officer of the Company and not in my individual
capacity, on behalf of the Company[, as general partner of the Partnership,] [, as the managing
member of the Limited Liability Company,] that:

          1. [Name of Person making above certifications] is the duly elected and
qualified [Secretary/Assistant Secretary] of the Company and the signature above is [his]
[her] genuine signature.

          2. The certifications made by [name of Person making above certifications]
on behalf of the Company in Items 2, 3 and 4 above are true and correct.

          IN WITNESS WHEREOF, I have hereunto set my hand this ___day of ___, ___.

	 	 	 	 	 
	 	[NAME OF CREDIT PARTY]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

			
	1	 	Include name, office and signature of each officer who will sign any Credit
Document on behalf of the Company[, as general partner of the Partnership] [, as the managing
member of the Limited Liability Company], including the officer who will sign the
certification at the end of this Certificate or related documentation.

 

 

EXECUTION VERSION 

EXHIBIT G

FORM OF INTERCOMPANY SUBORDINATION PROVISIONS

          Section 1.01.
Subordination of Liabilities. [Name of Payor] (the “Payor”), for itself, its
successors and assigns, covenants and agrees, and each holder of the Note to which this
Annex ___is attached (the “Note”) by its acceptance thereof likewise covenants and agrees,
that the payment of the principal of, interest on, and all other amounts owing in
respect of, the Note (the “Subordinated Indebtedness”) is hereby expressly subordinated,
to the extent and in the manner set forth below, to the prior payment in full in cash of all
amounts owing in respect of Senior Indebtedness (as defined in Section 1.07 of this
Annex ___). The provisions of this Annex ___shall constitute a continuing offer to all
persons or other entities who, in reliance upon such provisions, become holders of, or
continue to hold, Senior Indebtedness, and such holders are made obligees hereunder the same as if
their names were written herein as such, and they and/or each of them may proceed to enforce such
provisions.

          Section 1.02. Payor Not to Make Payments with Respect to Subordinated Indebtedness in
Certain Circumstances. (a) Upon the maturity of any Senior Indebtedness (including interest
thereon or fees or any other amounts owing in respect thereof), whether at stated
maturity, by acceleration or otherwise, all Obligations (as defined in Section 1.07 of this
Annex ___) owing in respect of the Senior Indebtedness shall first be paid in full in cash in
accordance with the terms thereof, before any payment of any kind or character, whether in cash,
property, securities or otherwise, is made on account of the Subordinated Indebtedness.

          (b) The Payor may not, directly or indirectly (and no person or other entity on behalf of the
Payor may), make any payment of any Subordinated Indebtedness and may not acquire any Subordinated
Indebtedness for cash or property until all Senior Indebtedness has been paid in full in cash if
any Default (as defined in the Credit Agreement identified in Section 1.07 herein) or Event of
Default (as defined in the Credit Agreement identified in Section 1.07 herein) under the Credit
Agreement (as defined in Section 1.07 of this Annex ___) has occurred and is continuing or would
result therefrom. Each holder of the Note hereby agrees that, so long as any such Default or Event
of Default in respect of any issue of Senior Indebtedness has occurred and is continuing, it will
not sue for, or otherwise take any action to enforce the Payor’s obligations to pay, amounts owing
in respect of the Note. Each holder of the Note understands and agrees that to the extent that
clause (a) of this Section 1.02 or this clause (b) prohibits the payment of any Subordinated
Indebtedness, such unpaid amount shall not constitute a payment default under the Note and the
holder of the Note may not sue for, or otherwise take action to
enforce the Payor’s obligation to
pay such amount, provided that such unpaid amount shall remain an obligation of the Payor
to the holder of the Note pursuant to the terms of the Note. Notwithstanding the foregoing, so long
as a Default or Event of Default has not occurred, Payor will be entitled to make (and any person
or other entity on behalf of the Payor shall be entitled to make) and the holder of any Note will
be entitled to receive scheduled payments of principal and interest under the Subordinated
Indebtedness.

     (c) In the event that, notwithstanding the provisions of the preceding subsections (a) and
(b) of this Section 1.02, the Payor (or any Person on behalf of the Payor)

 

 

Exhibit G

Page 2

shall make (or the holder of the Note shall receive) any payment on account of the Subordinated
Indebtedness at a time when payment is not permitted by said subsection (a) or (b), such payment
shall be held by the holder of the Note, in trust for the benefit of, and shall be paid forthwith
over and delivered to, the holders of Senior Indebtedness or their representative or the trustee
under the indenture or other agreement pursuant to which any instruments evidencing any Senior
Indebtedness may have been issued, as their respective interests may appear (including by giving
effect to any intercreditor or subordination arrangements among such holders including, without
limitation, the Intercreditor Agreement (as defined in the Credit Agreement (as defined below)),
for application pro rata to the payment of all Senior Indebtedness remaining unpaid to the extent
necessary to pay all amounts owing in respect of Senior Indebtedness in full in cash in accordance
with the terms of such Senior Indebtedness, after giving effect to any concurrent payment or
distribution to or for the holders of Senior Indebtedness.

          Section 1.03. Subordination to Prior Payment of All Senior Indebtedness on Dissolution,
Liquidation or Reorganization of Payor. Upon any distribution of assets of the Payor upon
dissolution, winding up, liquidation or reorganization of the Payor (whether in bankruptcy,
insolvency or receivership proceedings or upon an assignment for the benefit of creditors or
otherwise):

     (a) the holders of all Senior Indebtedness shall first be entitled to receive payment
in full in cash of all amounts owing in respect of Senior Indebtedness in accordance with
the terms thereof (including, without limitation, post-petition interest at the rate
provided in the documentation with respect to the Senior Indebtedness, whether or not such
post-petition interest is an allowed claim against the debtor in any bankruptcy or similar
proceeding) before the holder of the Note is entitled to receive any payment of any kind or
character on account of the Subordinated Indebtedness;

     (b) any payment or distributions of assets of the Payor of any kind or character,
whether in cash, property or securities to which the holder of the Note would be entitled
except for the provisions of this Annex___, shall be paid by the liquidating trustee or
agent or other person making such payment or distribution, whether a trustee in bankruptcy,
a receiver or liquidating trustee or other trustee or agent, directly to the holders of
Senior Indebtedness or their representative or representatives, or to the trustee or
trustees under any indenture under which any instruments evidencing any such Senior
Indebtedness may have been issued as their respective interests may appear (including by
giving effect to any intercreditor or subordination arrangements among such holders), to the
extent necessary to make payment in full in cash of all Senior Indebtedness remaining
unpaid, after giving effect to any concurrent payment or distribution to the holders of such
Senior Indebtedness; and

     (c) in the event that, notwithstanding the foregoing provisions of this Section 1.03,
any payment or distribution of assets of the Payor of any kind or character, whether in
cash, property or securities, shall be received by the holder of the Note on account of
Subordinated Indebtedness before all amounts owing in respect of Senior Indebtedness is paid
in full in cash in accordance with the terms thereof, such payment or distribution shall be
received and held in trust for and shall be paid over to the holders of the Senior
Indebtedness remaining unpaid or their representative or representatives, or to the trustee

 

 

Exhibit G

Page 3

or trustees under any indenture under which any instruments evidencing any of such Senior
Indebtedness may have been issued, as their respective interests may appear (including by
giving effect to any intercreditor or subordination arrangements among such holders) for
application to the payment of such Senior Indebtedness until all such Senior Indebtedness
shall have been paid in full in cash in accordance with the terms thereof, after giving
effect to any concurrent payment or distribution to the holders of such Senior Indebtedness.

          Section 1.04. Subrogation. Subject to the prior payment in full in cash of all
amounts owing in respect of Senior Indebtedness in accordance with the terms thereof, the holder
of the Note shall be subrogated to the rights of the holders of Senior Indebtedness to receive
payments or distributions of assets of the Payor applicable to the Senior Indebtedness until all
amounts owing on the Note shall be paid in full, and for the purpose of such subrogation no
payments or distributions to the holders of the Senior Indebtedness by or on behalf of the Payor
or by or on behalf of the holder of the Note by virtue of this Annex___which otherwise would
have been made to the holder of the Note shall, as between the Payor, its creditors other than the
holders of Senior Indebtedness, and the holder of the Note, be deemed to be payment by the Payor
to or on account of the Senior Indebtedness, it being understood that the provisions of
this Annex ___are and are intended solely for the purpose of defining the relative rights of the
holder of the Note, on the one hand, and the holders of the Senior Indebtedness, on the other hand.

          Section 1.05. Obligation of the Payor Unconditional. Nothing contained in this Annex ___
or in the Note is intended to or shall impair, as between the Payor and the holder of the Note, the
obligation of the Payor, which is absolute and unconditional, to pay to the holder of the Note the
principal of and interest on the Note as and when the same shall become due and payable in
accordance with their terms, or is intended to or shall affect the relative rights of the holder of
the Note and creditors of the Payor other than the holders of the Senior Indebtedness, nor shall
anything herein or therein prevent the holder of the Note from exercising all remedies otherwise
permitted by applicable law upon an event of default under the Note, subject to the provisions of
this Annex ___and the rights, if any, under this Annex___of the holders of Senior Indebtedness
in respect of cash, property, or securities of the Payor received upon the exercise of any such
remedy. Upon any distribution of assets of the Payor referred to in this Annex ___, the holder
of the Note shall be entitled to rely upon any order or decree made by any court of competent
jurisdiction in which such dissolution, winding up, liquidation or reorganization proceedings are
pending, or a certificate of the liquidating trustee or agent or other person making any
distribution to the holder of the Note, for the purpose of ascertaining the persons entitled to
participate in such distribution, the holders of the Senior Indebtedness and other indebtedness of
the Payor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon
and all other facts pertinent thereto or to this Annex ___.

          Section 1.06. Subordination Rights Not Impaired by Acts or Omissions of Payor or Holders
of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness
to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired
by any act or failure to act on the part of the Payor or by any act or failure to act in good
faith by any such holder, or by any noncompliance by the Payor with the terms and provisions of
the Note, regardless of any knowledge thereof which any such holder may have or

 

 

Exhibit G

Page 4

be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting
the obligations of the holder of the Note with respect hereto, at any time or from time to time and
in their absolute discretion, change the manner, place or terms of payment of, change or extend the
time of payment of, or renew, increase or otherwise alter, any Senior Indebtedness or amend, modify
or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any
other document referred to therein, or exercise or refrain from exercising any other of their
rights under the Senior Indebtedness including, without limitation, the waiver of default
thereunder and the release of any collateral securing such Senior Indebtedness, all without notice
to or assent from the holder of the Note.

     Section 1.07.
Senior Indebtedness. The term “Senior Indebtedness” shall mean
all Obligations (as defined below) (i) of the Payor under, or in respect of, (x) the Credit
Agreement (as amended, modified, supplemented, extended, restated, refinanced, replaced or refunded
from time to time, the “Credit Agreement”), dated as of November ___, 2006, by and among [the Payor,]
[RSC HOLDINGS II, LLC,] [RSC HOLDINGS III, LLC,] [RENTAL SERVICE CORPORATION,] [RENTAL SERVICE
CORPORATION OF CANADA LTD.,] the several banks and other financial institutions from time to time
parties to thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as U.S. administrative agent and U.S.
collateral agent, DEUTSCHE BANK AG, CANADA BRANCH, as Canadian administrative agent and Canadian
collateral agent and CITICORP NORTH AMERICA, INC., as syndication agent, (y) the Second-Lien Term
Loan Credit Agreement (as amended, modified, supplemented, extended, restated, refinanced, replaced
or refunded from time to time, the “Second-Lien Credit Agreement”), dated as of November
___, 2006, by and among [the Payor,] [RSC HOLDINGS II, LLC,] [RSC HOLDINGS III, LLC,] [RENTAL
SERVICE CORPORATION,] the general banks and other financial institutions from time to time party
thereto, DEUTSCHE BANK AG, NEW YORK BRANCH, as administrative agent and collateral agent, and
CITICORP NORTH AMERICA, INC., as syndication agent and (z) each other Loan Document (as defined in
the Credit Agreement and the Second-Lien Credit Agreement) to which the Payor is a party, (ii) of
the Payor under, or in respect of (including by reason of the U.S. [Subsidiaries Guaranty] [any
Canadian Guarantee Agreement] (as defined in the Credit Agreement) [and the Subsidiaries Guaranty
(as defined in the Second-Lien Credit Agreement)], to which the Payor is a party), any Interest
Rate Protection Agreements or Permitted Hedging Arrangements (each as defined in the Credit
Agreement). As used herein, the term “Obligation” shall mean any principal, interest, premium,
penalties, fees, expenses, indemnities and other liabilities and obligations (including guaranties
of the foregoing liabilities and obligations) payable under the documentation governing any Senior
Indebtedness (including post-petition interest at the rate provided in the documentation with
respect to such Senior Indebtedness, whether or not such interest is an allowed claim against the
debtor in any bankruptcy or similar proceeding).

 

 

EXECUTION VERSION

 EXHIBIT H

FORM OF ASSIGNMENT

AND

ACCEPTANCE AGREEMENT

          This Assignment and Acceptance Agreement (this “Assignment”), is dated as of the Effective
Date set forth below and is entered into by and between [the] [each] Assignor identified in item
[1][2] below ([the] [each, an] “Assignor”) and [the] [each] Assignee identified in item 2 below
([the] [each, an] “Assignee”). [It is understood and agreed that the rights and obligations of such
[Assignees] [and Assignors] hereunder are several and not joint.] Capitalized terms used herein but
not defined herein shall have the meanings given to them in the Second-Lien Term Loan Credit
Agreement identified below (as amended, restated, supplemented and/or otherwise modified from time
to time, the “Credit Agreement”). The Standard Terms and Conditions for Assignment and Acceptance
Agreement set forth in Annex 1 hereto (the “Standard Terms and Conditions”) are hereby
agreed to and incorporated herein by reference and made a part of this Assignment as if set forth
herein in full.

          For an agreed consideration, [the] [each] Assignor hereby irrevocably sells and assigns to
[the] [each] Assignee, and [the] [each] Assignee hereby irrevocably purchases and assumes from
[the] [each] Assignor, subject to and in accordance with the Standard Terms and Conditions and the
Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated
below, the interest in and to all of [the][each] Assignor’s rights and obligations under the
Credit Agreement and any other documents or instruments delivered pursuant thereto that represents
the amount and percentage interest identified below of all of the [respective] Assignor’s
outstanding rights and obligations under the respective Tranches identified below (including, to
the extent included in any such Tranches, Letters of Credit and Swingline Loans) ([the] [each, an]
“Assigned Interest”). [Each] [Such] sale and assignment is without recourse to [the] [any]
Assignor and, except as expressly provided in this Assignment, without representation or warranty
by [the] [any] Assignor.

	 	 	 	 	 	 	 
	[1.

	 	Assignor:	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	2.

	 	Assignee:	 	 	]	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	[1][3]. Credit Agreement:	 	Second-Lien Term Loan Credit Agreement, dated as of November 27, 2006,
among RSC HOLDINGS II, LLC, RSC HOLDINGS III, LLC, RENTAL SERVICE CORPORATION, each other
borrower party thereto, the several banks and other financial institutions from time to time
parties to this Agreement, DEUTSCHE BANK AG, NEW YORK BRANCH, as administrative agent and
collateral agent (in such capacities, respectively, the “Administrative Agent” and the
“Collateral Agent”), and CITICORP NORTH AMERICA, INC., as syndication agent (in such
capacity, the “Syndication Agent”).

 

 

Exhibit H

Page 2

[2. Assigned Interest:1

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Aggregate Amount	 	Amount of
	 	 	 	 	 	 	of Incremental Term	 	Incremental Term
	 	 	 	 	 	 	Loan	 	Loan
	 	 	 	 	 	 	Commitment/Term	 	Commitment/Term
	 	 	 	 	 	 	Loans under	 	Loans under
	 	 	 	 	Tranche	 	Relevant Tranche	 	Relevant Tranche
	Assignor	 	Assignee	 	Assigned2	 	for all Lenders	 	Assigned
	[Name of

	 	[Name of	 	 	 	 	 	 
	Assignor]

	 	Assignee]	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 
	 
	 	 	 	 	 	 	 	 
	[Name of

	 	[Name of	 	 	 	 	 	 
	Assignor]

	 	Assignee]	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 

 

			
	1	 	Insert this chart if this Form of Assignment and Acceptance Agreement is
being used for assignments to funds managed by the same or related investment managers or
for an assignment by multiple Assignors. Insert additional rows as needed.
	 
	2	 	For complex multi-tranche assignments a separate chart for each tranche should be
used for ease of reference.

 

 

Exhibit H

Page3

[3. Assigned Interest:3

	 	 	 	 	 
	 	 	 	 	Amount of Incremental
	 	 	Aggregate Amount of	 	Term Loan
	 	 	Incremental Term Loan	 	Commitment/Term Loans
	 	 	Commitment/Term Loans under	 	under Relevant Tranche
	Tranche Assigned	 	Relevant Tranche for all Lenders	 	Assigned
	Initial Term Loans
	 	$                                         	 	$                                        
	Incremental Term
Loans
	 	$                                        	 	$                                        

Effective
Date
                 ,
                       ,
_______.

	 	 	 	 	 	 	 
	Assignor [s] Information	 	 	 	Assignee [s] Information
	 
	 	 	 	 	 	 
	Payment Instructions:

	 	 	 	Payment Instructions:	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	Reference:                    
	 	 	 	Reference:                    
	 
	 	 	 	 	 	 
	Notice Instructions:

	 	 	 	Notice Instructions:	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	Reference:                              
	 	 	 	Reference:                               

The terms set forth in this Assignment are hereby agreed to:

	 	 	 
	ASSIGNOR

	 	ASSIGNEE
	[NAME OF ASSIGNOR]

	 	[NAME OF ASSIGNEE]4

 

			
	3	 	Insert this chart if this Form of Assignment and Acceptance Agreement is
being used by a single Assignor for an assignment to a single Assignee.
	 
	4	 	Add additional signature blocks, as needed, if this Form of Assignment and
Acceptance Agreement is being used by funds managed by the same or related investment
managers.

 

 

Exhibit H

Page 4

	 	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

Name:
	 	 	 	 	 	 

Name:
	 	 
	 

	 	Title:
	 	 	 	 	 	Title:	 	 

 

 

Exhibit H

Page 5

[Consented to and]5 Accepted:

DEUTSCHE BANK AG, NEW YORK BRANCH,

     as Administrative Agent

	 	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	RSC HOLDINGS III, LLC	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:]6	 	 

 

			
	5	 	Consent of the Administrative Agent is not required for an assignment to a
Lender or an affiliate of a Lender.
	 
	6	 	Insert only if (i) no Event of Default under subsection 8(a) or (f) of the Credit
Agreement is then in existence or (ii) the assignment is not to a Lender, Affiliate of a
Lender, or an Approved Fund; provided that unless and Event of Default under subsection 8(a)
or (f) of the Credit Agreement is then in existence, insert if any Lender assigns all or a
portion of its rights and obligations under the Credit Agreement to one of its affiliates in
connection with or in contemplation of the sale or disposition of its interest in such
affiliates.

 

 

ANNEX I

TO

EXHIBIT H

[NAME OF BORROWER]

SECOND-LIEN TERM LOAN CREDIT AGREEMENT

STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT

AND ACCEPTANCE AGREEMENT

          1. Representations and Warranties.

          1.1. Assignor. [The] [Each] Assignor (a) represents and warrants that (i) it is the
legal and beneficial owner of [the] [its] Assigned Interest, (ii) [the] [its] Assigned Interest is
free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and
authority, and has taken all action necessary, to execute and deliver this Assignment and to
consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to
(i) any statements, warranties or representations made in or in connection with any Loan Document,
(ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the
Credit Agreement, any other Loan Document or any other instrument or document delivered pursuant
thereto (other than this Assignment) or any collateral thereunder, (iii) the financial condition
of RSC Holdings II, LLC, RSC Holdings III, LLC, Rental Service Corporation, any of their
respective Subsidiaries or affiliates or any other Person obligated in respect of any Loan Document
or (iv) the performance or observance by RSC Holdings II, LLC, RSC Holdings III, LLC, Rental
Service Corporation, any of their respective Subsidiaries or affiliates or any other Person of any
of their respective obligations under any Loan Document.

          1.2. Assignee. The[Each] Assignee (a) represents and warrants that (i) it has full
power and authority, and has taken all action necessary, to execute and deliver this Assignment and
to consummate the transactions contemplated hereby and to become a Lender under the Credit
Agreement, (ii) it satisfies the requirements, if any, specified in subsection 10.6 of the Credit
Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and
become a Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of
the Credit Agreement as a Lender thereunder and, to the extent of [the] [its] Assigned Interest,
shall have the obligations of a Lender thereunder, (iv) it has received and/or had the opportunity
to review a copy of the Credit Agreement, together with copies of the most recent financial
statements delivered pursuant to subsection 6.1 thereof, as applicable, and such other documents
and information as it has in its sole discretion deemed appropriate to make its own credit analysis
and decision to enter into this Assignment and to purchase the [its] Assigned Interest on the basis
of which it has made such analysis and decision independently and without reliance on the
Administrative Agent or any other Lender, and (v) if it is organized under the laws of a
jurisdiction outside the United States, attached to the Assignment is any documentation required to
be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by
the Assignee; (c) agrees that (i) it will, independently and without reliance on the Administrative
Agent, the Collateral Agent, [the] [each] Assignor or any other Lender, and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit decisions
in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance
with their terms all of the obligations which by the terms of the Loan Documents are required to be
performed by it as a Lender; and (d) appoints and authorizes the Administrative Agent and the
Collateral Agent to take such action as agent in their respective capacities on its behalf and to
exercise such powers and discretion under the Credit Agreement,

 

 

Annex I

to Exhibit H

Page 2

the other Loan Documents and any other instrument or document furnished pursuant hereto or thereto
as are delegated to or otherwise conferred upon the Administrative Agent, the Collateral Agent or
the Syndication Agent, as the case may be, by the terms thereof, together with such powers as are
incidental thereto.

          2. Payment. From and after the Effective Date, the Administrative Agent and the
Collateral Agent shall make all payments in respect [the] [each] Assigned Interest (including
payments of principal, interest, fees, commissions and other amounts) to [the] [each] Assignor for
amounts which have accrued to but excluding the Effective Date and to [the] [each] Assignee for
amounts which have accrued from and after the Effective Date.

          3. Effect of Assignment. Upon delivery of a fully executed original hereof to the
Administrative Agent, as of the Effective Date, (i) [the] [each] Assignee shall be a party to the
Credit Agreement and, to the extent provided in this Assignment, have the rights and obligations of
a Lender thereunder and under the other Loan Documents and (ii) [the] [each] Assignor shall, to the
extent provided in this Assignment, relinquish its rights and be released from its obligations
under the Credit Agreement and the other Loan Documents.

          4. General Provisions. This Assignment shall be binding upon, and inure to the benefit
of, the parties hereto and their respective successors and assigns. This Assignment may be
executed in any number of counterparts, which together shall constitute one instrument. Delivery of
an executed counterpart of a signature page of this Assignment by telecopy shall be effective as
delivery of a manually executed counterpart of the Assignment. THIS ASSIGNMENT AND THE
RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS ASSIGNMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

*      *      *

 

 

EXECUTION VERSION

EXHIBIT I 

FORM OF BORROWER JOINDER AGREEMENT

          THIS
BORROWER JOINDER AGREEMENT, dated as of
[                     , 200___] (this “Agreement”), by and among [Additional
Commitment Lenders] (each an “Additional Commitment Lender” and collectively the
“Additional Commitment Lenders”). RSC HOLDINGS II, LLC, a Delaware limited liability
company, RSC HOLDING III, LLC, a Delaware limited liability company (the “Parent
Borrower”). RENTAL SERVICE CORPORATION, an Arizona
corporation (“RSC”; and together
with the Parent Borrower and each entity that becomes a Borrower pursuant to subsection 6.9 of the
Credit Agreement (as defined below), the “Borrowers”
and each, a “Borrower”),
DEUTSCHE BANK AG, NEW YORK BRANCH, as administrative agent and collateral agent.

RECITALS:

          WHEREAS, reference is hereby made to the Second-Lien Term Loan Credit Agreement, dated as of
November [___], 2006 (the “Credit
Agreement”; terms defined therein being used herein as therein
defined), among the Borrowers, the several banks and other financial institutions from time to time
parties thereto (the “Lenders”), DEUTSCHE BANK AG, NEW YORK BRANCH, as administrative agent and
collateral agent, and CITICORP NORTH AMERICA, INC., as syndication agent; and

          WHEREAS, subject to the terms and conditions of the Credit Agreement the Borrowers may
request the Lenders to provide Incremental Term Loan Commitments by entering into one or more
Borrower Joinder Agreements with the Additional Commitment Lenders.

          NOW, THEREFORE, in consideration of the premises and agreements, provisions and covenants
herein contained, the parties hereto agree as follows:

          Each Additional Commitment Lender party hereto hereby agrees to commit to provide its
respective Commitment Increase as set forth on Schedule A annexed hereto, on the terms and subject
to the conditions set forth below:

          Each Additional Commitment Lender (i) confirms that it has received a copy of the Credit
Agreement and the other Loan Documents, together with copies of the financial statements referred
to therein and such other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into this Agreement; (ii) agrees that it will, independently
and without reliance Administrative Agent or any other Lender or Agent and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit decisions
in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes the
Administrative Agent to take such action as agent on its behalf and to exercise such powers under
the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent, as
the case may be, by the terms thereof, together with such powers as are reasonably incidental
thereto; and (iv) agrees that it will perform in accordance with their terms all of the obligations
which by the terms of the Credit Agreement are required to be performed by it as a Lender.

          Each Additional Commitment Lender hereby agrees to make its Commitment on the following terms
and conditions:

	1.	 	Other Fees. The applicable Borrowers agree to pay each Additional Commitment Lender its pro
rata share of an aggregate fee equal to
[          
          ,___] on [                     , ___].

 

 

Exhibit I

Page 2

	2.	 	Additional Commitment Lenders. Each Additional Commitment Lender acknowledges and agrees
that upon its execution of this Agreement that such Additional Commitment Lender shall become
a “Lender” under, and for all purposes of, the Credit Agreement and the other Loan Documents,
and shall be subject to and bound by the terms thereof, and shall perform all the obligations
of and shall have all rights of a Lender thereunder.
	 
	3.	 	Credit Agreement Governs. Except as set
forth in this Agreement, Commitment Increases shall otherwise be subject to the provisions of
the Credit Agreement and the other Loan Documents.
	 
	4.	 	Parent Borrower’s Certifications. By its execution of this Agreement, the undersigned officer
of the Parent Borrower, to the best of his or her knowledge, hereby certifies that:

i. The representations and warranties of the Parent Borrower set forth in the Credit
Agreement and in each of the other Loan Documents to which it is a party or which
are contained in any certificate furnished by or on behalf of the Parent Borrower
pursuant to the Credit Agreement or any of the other Loan Documents to which it is a
party are true and correct in all material respects on and as of the date hereof,
with the same effect as if made on the date hereof except for representations and
warranties expressly stated to relate to a specific earlier date, in which case such
representations and warranties are true and correct in all material respects as of
such earlier date; and

ii. No Default or Event of Default has occurred and is continuing as of the date
hereof or after giving effect to the Loans to be made on the date hereof.

	5.	 	Borrower Covenants. By its execution of this Agreement, the applicable Borrower hereby
covenants that:

	 	i.	 	The applicable Borrowers shall deliver or cause to be delivered
the following legal opinions and documents: [      ], together with all other legal
opinions and other documents reasonably requested by the Administrative Agent
in connection with this Agreement; and
	 
	 	ii.	 	Set forth on the attached Borrowing Certificate are the
calculations (in reasonable detail) demonstrating compliance with the
financial tests described in Section 7.1 of the Credit Agreement.

	6.	 	Notice. For purposes of the Credit Agreement, the initial notice address of each Additional
Commitment Lender shall be as set forth below its signature below.
	 
	7.	 	Non-US Lenders. For each Additional Commitment Lender that is a non-U.S. Lender, delivered
herewith to the Administrative Agent are such forms, certificates or other evidence with
respect to United States federal income tax withholding matters as such Additional Commitment
Lender may be required to deliver to the Administrative Agent pursuant to subsection 3.11(b)
of the Credit Agreement.
	 
	8.	 	Recordation of the New Loans. Upon execution and delivery hereof, the Administrative Agent
will record the Commitment Increase made by the Additional Commitment Lender in the Register.

 

 

Exhibit I

Page 3

	9.	 	Amendment, Modification and Waiver. This Agreement may not be amended, modified or
waived except by an instrument or instruments in writing signed and delivered on behalf of
each of the parties hereto.
	 
	10.	 	Entire Agreement. This Agreement, the Credit Agreement and the other Loan Documents
constitute the entire agreement among the parties with respect to the subject matter hereof
and thereof and supersede all other prior agreements and understandings, both written and
verbal, among the parties or any of them with respect to the subject matter hereof.
	 
	11.	 	GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF
THE STATE OF NEW YORK.
	 
	12.	 	Severability. Any provision of this Agreement which is prohibited or unenforceable in
any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such
prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.
	 
	13.	 	Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed
to be an original, but all of which shall constitute one and the same agreement.

 

 

Exhibit I

Page 4

          IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized
officer to execute and deliver this Agreement as of [                    , ___].

	 	 	 	 	 
	 	[NAME OF ADDITIONAL COMMITMENT LENDER]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	Notice Address:

Attention:

Telephone:

Facsimile:

 	 
	 
	 	RSC HOLDINGS II, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	RSC HOLDINGS III, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	RENTAL SERVICE CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	[NAME OF ADDITIONAL BORROWER]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

Exhibit I

Page 5

	 	 	 	 	 
	 	DEUTSCHE BANK AG, NEW YORK BRANCH,

      as Administrative Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:

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