Document:

Exhibit 10.21

 

TDS
INVESTOR (CAYMAN) L.P.

 

Amended
and Restated 2006 Interest Plan

 

SECTION 1.
Purpose. The purposes of this TDS Investor L.P. Amended and Restated
2006 Interest Plan (this “Plan”) are to promote the interests of TDS Investor L.P. (the “Company”) and its partners by
(i) attracting and retaining exceptional officers and other employees,
non-employee directors and consultants of the Company and its Subsidiaries and
(ii) enabling such individuals to acquire an equity interest in and participate
in the long-term growth and financial success of the Company.

 

SECTION 2.
Definitions. Capitalized terms used in this Plan but not expressly
defined in this Plan shall have the respective meanings ascribed such terms in
the Partnership Agreement (as defined below). As used in this Plan, the
following terms shall have the meanings set forth below:

 

“Award” shall mean the grant of the right to
purchase and/or acquire Restricted Equity Units, Class A-2 Interests,
Class B Interests, Class B-1 Interests Class C Interests, and/or
Class D Interests.

 

“Award
Agreement” shall
mean any written agreement, contract, or other instrument or document (which
may include provisions of an employment agreement to which the Company is
a party) evidencing any Award granted hereunder.

 

“Company” has the meaning specified in the
Section 1 hereof.

 

“Effective
Date” shall mean
October 13, 2006, which is the date on which this Plan was initially
adopted by the Board.

 

“Participant” shall mean any officer or other
employee, non-employee director or consultant of the Company or its
Subsidiaries eligible for an Award under Section 4 and selected by the
Board to receive an Award under this Plan.

 

“Partnership
Agreement” shall
mean the Amended and Restated Agreement of Exempted Limited Partnership, dated
as of October 13, 2006, as amended, modified or supplemented from time to
time.

 

“Plan” has the meaning specified in the
Section 1 hereof.

 

“Subsidiary” shall mean (i) any entity that,
directly or indirectly, is controlled by the Company and (ii) any entity
in which the Company has a significant equity interest, in either case as
determined by the Board; provided, however, that for purposes of
Section 409A of the Internal Revenue Code of 1986, as amended, the
definition of “Subsidiary” shall be construed in a manner consistent with such
Section 409A so as to avoid the imposition of any additional tax under
such section.

 

 

 

 

“Stock
Incentive Plan”
means the 2006 TDS Investor 3 Ltd. Stock Incentive Plan to be adopted by TDS
Investor 3 Ltd.

 

SECTION 3.
Interests Subject to this Plan. The total number of Interests that
may be issued pursuant to Awards under this Plan is 100,000,000, allocated
among the classes of Interests as follows:

 

(a)       9,954,802 purchased or
granted Class A-2 Interests (other than pursuant to Restricted Equity
Units);

 

(b)       36,045,198
Class A-2 Interests pursuant to Restricted Equity Units;

 

(c)        11,278,538 purchased
or granted Class B Interests;

 

(d)        6.721,462 purchased or
granted Class B-1 Interests;

 

(e)        18,000,000 purchased
or granted Class C Interests; and

 

(f)        18,000,000 purchased
or granted Class D Interests.

 

Interests which are subject to
Awards which terminate or lapse without any payment in respect thereof
may be granted again under this Plan. Notwithstanding anything to the
contrary in this Section 3, the number of Interests that may be
issued under this Plan shall be reduced on a one-for-one basis in respect of
each share subject to a stock-based award made under the Stock Incentive Plan.

 

SECTION 4.
Administration.

 

(a)                                 
This
Plan shall be administered by the Board. Subject to the terms of this Plan and
applicable law, and in addition to other express powers and authorizations
conferred on the Board by this Plan, the Board shall have full power and
authority to: (i) designate Participants; (ii) determine the number
and/or class of Interests to be covered by an Award; (iii) determine
the terms and conditions of any Award; (iv) determine whether, to what
extent, and under what circumstances Awards may be settled, exercised,
canceled, forfeited, or suspended; (v) interpret, administer, reconcile
any inconsistency, correct any default and/or supply any omission in this Plan
and any instrument or agreement relating to an Award made under this Plan;
(vi) establish, amend, suspend, or waive such rules and regulations
and appoint such agents as it shall deem appropriate for the proper
administration of this Plan; and (vii) make any other determination and
take any other action that the Board deems necessary or desirable for the
administration of this Plan.

 

(b)                                
All
designations, determinations, interpretations, and other decisions under or
with respect to this Plan or any Award shall be within the sole discretion of
the Board, may be made at any time and shall be final, conclusive, and
binding upon all persons, including the Company, any Subsidiary, any
Participant, any holder or beneficiary of any Award, and any member of the
Company.

 

 

2

 

SECTION 5.
Eligibility. Any officer or other employee, non-employee director or
consultant to the Company or any of its Subsidiaries (including any prospective
officer, employee, non-employee director or consultant) shall be eligible to be
designated a Participant.

 

SECTION 6.
Awards.

 

(a)   
Grant. Subject to the
provisions of this Plan, the Board shall have sole and complete authority to
determine the Participants to whom Awards shall be granted, the purchase price,
if any, of an Award, the number and class or classes of Interests to be
covered by each Award and the conditions and restrictions applicable to the
Award.

 

(b)   
Subject
to Partnership Agreement/Securityholders Agreement. As a condition to
the grant of an Award, the Participant will be required to become a party to an
award agreement (the “Award
Agreement”) and, upon receipt of Interests, the Partnership Agreement. All
Awards granted hereunder and acquired Interests will be held subject to the
terms and conditions of the Partnership Agreement and the Award Agreement.

 

(c)   
Adjustments. Notwithstanding any
other provisions in the Partnership Agreement to the contrary, in the event of
any change in the outstanding Interests after the Effective Date by reason of
any equity dividend or split, reorganization, recapitalization, merger,
consolidation, spin-off, combination, combination or transaction or exchange of
Interests or other corporate exchange, or any distribution to Partners of
equity or cash (other than regular cash distributions) or any transaction
similar to the foregoing (regardless of whether outstanding Interests are
changed), the Board in its sole discretion and without liability to any Person shall
make such substitution or adjustment, if any, as it deems to be equitable, as
to (i) the number or kind of Interests or other securities issued or
reserved for issuance in respect of Restricted Equity Units, (ii) the
vesting terms under any Award Agreement, (iii) the distribution priorities
contained in the Partnership Agreement and/or (iv) any other affected
terms of any Award.

 

SECTION 7.
Amendment and Termination.

 

(a)   
Amendments
to this Plan. The Board may amend, alter, suspend, discontinue, or
terminate this Plan or any portion thereof at any time; provided that
any such amendment, alteration, suspension, discontinuance, or termination that
would be reasonably expected to have a material adverse effect on the rights of
any Participant or other holder of an Award theretofore granted shall not to
that extent be effective without the consent of the affected Participant.

 

(b)   
Amendments
to Awards. The Board may waive any conditions or rights under,
amend any terms of, or alter, suspend, discontinue, cancel or terminate, any
Award theretofore granted, prospectively or retroactively; provided that any
such waiver, amendment, alteration, suspension, discontinuance, cancellation or
termination not expressly contemplated by this Plan that would be reasonably
expected to have a material adverse effect on the rights of any outstanding
Award shall not effective without the consent of the affected Participant.

 

 

3

 

SECTION 8.
General Provisions.

 

(a)   
No
Rights to Awards. No person shall have any claim to be granted any Award,
and there is no obligation for uniformity of treatment of Participants or
beneficiaries of Awards. The terms and conditions of Awards and the Board’s
determinations and interpretations with respect thereto need not be the same
with respect to each Participant (whether or not such Participants are
similarly situated).

 

(b)   
Certificates. All certificates, if
any, evidencing Interests or other securities of the Company or any Subsidiary
delivered under this Plan shall be subject to such stop transfer orders and
other restrictions as the Board may deem advisable under this Plan or the
rules, regulations, and other requirements of the Securities and Exchange
Commission, any stock exchange upon which such securities are then listed, and
any applicable Federal or state laws, and the Board may cause a legend or
legends to be put on any such certificates to make appropriate reference to
such restrictions.

 

(c)   
Withholding. A Participant may be
required to pay to the Company or any Subsidiary and the Company or any
Subsidiary shall have the right and is hereby authorized to withhold from any
payment due or transfer made under any Award or under this Plan or from any
compensation or other amount owing to a Participant the amount (in cash,
securities, or other property) of any applicable withholding taxes in respect
of an Award or any payment or transfer under an Award or under this Plan and to
take such other action as may be necessary in the opinion of the Company
to satisfy all obligations for the payment of such taxes.

 

(d)   
No
Right to Employment. The grant of an Award shall not be construed as giving a
Participant the right to be retained in the employ of, or in any consulting
relationship with, the Company or any Subsidiary. Further, the Company or a
Subsidiary may at any time dismiss a Participant from employment or
discontinue any consulting relationship, free from any liability or any claim
under this Plan, unless otherwise expressly provided in this Plan or in any
Award Agreement.

 

(e)   
Governing
Law. The validity, construction, and effect of this Plan shall be
determined in accordance with the laws of the State of New York applicable to
contracts made and to be performed therein.

 

(f)   
Severability. If any provision of
this Plan or any Award is or becomes or is deemed to be invalid, illegal, or
unenforceable in any jurisdiction or as to any person or Award, or would
disqualify this Plan or any Award under any law deemed applicable by the Board,
such provision shall be construed or deemed amended to conform the
applicable laws, or if it cannot be construed or deemed amended without, in the
determination of the Board, materially altering the intent of this Plan or the
Award, such provision shall be stricken as to such jurisdiction, person or
Award and the remainder of this Plan and any such Award shall remain in full
force and effect.

 

SECTION 9.
Term of this Plan.

 

(a)   
Effective
Date. This Plan shall be effective as of the Effective Date.

 

 

4

 

(b)   
Expiration
Date. No Award shall be granted under this Plan after the tenth anniversary
of the Effective Date. Unless otherwise expressly provided in this Plan or in
an applicable Award Agreement, any Award granted hereunder may, and the
authority of the Board to amend, alter, adjust, suspend, discontinue, or
terminate any such Award or to waive any conditions or rights under any such
Award shall, continue after such date.

 

 

5Exhibit
10.22

 

 

 

 

 

TDS
INVESTOR (CAYMAN) L.P.

SECOND
AMENDED AND RESTATED

AGREEMENT
OF EXEMPTED LIMITED PARTNERSHIP

 

Dated as of
March 26, 2007

 

 

 

 

 

 

 

TABLE OF CONTENTS

 

	
   

  	
  Page

  
	
  ARTICLE I
  DEFINITIONS

  	
  2

  
	
   

  	
   

  
	
  Section 1.1.  
  Definitions

  	
  2

  
	
  Section 1.2.   Construction

  	
  2

  
	
   

  	
   

  
	
  ARTICLE II GENERAL
  PROVISIONS

  	
  2

  
	
   

  	
   

  
	
  Section 2.1.  
  Formation

  	
  2

  
	
  Section 2.2.   Name

  	
  2

  
	
  Section 2.3.   Term

  	
  2

  
	
  Section 2.4.  
  Purpose; Powers

  	
  3

  
	
  Section 2.5.   Place
  of Business

  	
  3

  
	
  Section 2.6.  
  Foreign Qualification

  	
  3

  
	
  Section 2.7.   Title
  to Assets

  	
  3

  
	
  Section 2.8.  
  Fiscal Year

  	
  3

  
	
   

  	
   

  
	
  ARTICLE III
  ADMISSION OF PARTNERS

  	
  3

  
	
   

  	
   

  
	
  Section 3.1.  
  Partnership Interests

  	
  3

  
	
  Section 3.2.  
  Dispositions of Partnership Interests

  	
  5

  
	
  Section 3.3.  
  Admission of Additional Limited Partners

  	
  5

  
	
  Section 3.4.   Information

  	
  5

  
	
  Section 3.5.  
  Cessation of Partnership Interest

  	
  6

  
	
  Section 3.6.  
  Spouses of Partners

  	
  6

  
	
   

  	
   

  
	
  ARTICLE IV
  RESTRICTIONS ON DISPOSITIONS OF INTERESTS

  	
  6

  
	
   

  	
   

  
	
  Section 4.1.  
  Restrictions On Dispositions

  	
  6

  
	
  Section 4.2.  
  Class A-1 Permitted Dispositions

  	
  7

  
	
  Section 4.3.  
  Class A-1 Tag-Along Rights

  	
  8

  
	
  Section 4.4.  
  Class A-1 Drag-Along Rights

  	
  9

  
	
  Section 4.5.  
  Conversion to IPO Corporation

  	
  10

  
	
  Section 4.6.  
  Management Interests Permitted Dispositions

  	
  11

  
	
  Section 4.7.  
  Management Interest Tag-Along Rights

  	
  11

  
	
  Section 4.8.  
  Management Drag-Along Rights

  	
  12

  
	
  Section 4.9.   Right
  of First Refusal

  	
  13

  
	
  Section 4.10.  
  Specific Performance

  	
  15

  
	
   

  	
   

  
	
  ARTICLE V CAPITAL
  CONTRIBUTIONS

  	
  16

  
	
   

  	
   

  
	
  Section 5.1.  
  Initial Capital Contributions; Capital Contributions on the Date Hereof

  	
  16

  
	
  Section 5.2.  
  Additional Contributions

  	
  17

  
	
  Section 5.3.  
  Return of Contributions

  	
  17

  
	
  Section 5.4.  
  Capital Account

  	
  17

  
	
  Section 5.5.  
  Pre-emptive Rights; Other Pro Rata Rights

  	
  17

  
	
   

  	
   

  
	
  ARTICLE VI
  REPRESENTATIONS AND WARRANTIES

  	
  19

  
	
   

  	
   

  
	
  Section 6.1.  
  Partners’ Representations and Warranties

  	
  19

  

 

 

	
  Section 6.2.  
  Management Limited Partners’ Additional Representations and Warranties

  	
  20

  
	
   

  	
   

  
	
  ARTICLE VII
  DISTRIBUTIONS

  	
  21

  
	
   

  	
   

  
	
  Section 7.1.  
  Distributions

  	
  21

  
	
  Section 7.2.   Tax
  Distributions

  	
  22

  
	
  Section 7.3.  
  Section 83(b) Election

  	
  23

  
	
   

  	
   

  
	
  ARTICLE VIII
  ALLOCATIONS

  	
  23

  
	
   

  	
   

  
	
  Section 8.1.  
  Allocations of Profits and Losses

  	
  23

  
	
  Section 8.2.  
  Special Allocations

  	
  23

  
	
  Section 8.3.  
  Income Tax Allocations

  	
  24

  
	
   

  	
   

  
	
  ARTICLE IX
  MANAGEMENT OF THE PARTNERSHIP

  	
  25

  
	
   

  	
   

  
	
  Section 9.1.  
  Management

  	
  25

  
	
  Section 9.2.  
  Reliance by Third Parties

  	
  25

  
	
  Section 9.3.  
  Compensation and Reimbursement of General Partner

  	
  26

  
	
  Section 9.4.  
  Certain Duties and Obligations of the Partners; Exculpation; Indemnity

  	
  26

  
	
  Section 9.5.   No
  Recourse Agreement

  	
  28

  
	
   

  	
   

  
	
  ARTICLE X RIGHTS
  AND OBLIGATIONS OF LIMITED PARTNERS

  	
  28

  
	
   

  	
   

  
	
  Section 10.1.  
  Limitation of Liability

  	
  28

  
	
  Section 10.2.  
  Management of the Business

  	
  28

  
	
  Section 10.3.  
  Outside Activities

  	
  29

  
	
   

  	
   

  
	
  ARTICLE XI TAXES

  	
  29

  
	
   

  	
   

  
	
  Section 11.1.   Tax
  Matters Partner

  	
  29

  
	
  Section 11.2.  
  Information Rights

  	
  30

  
	
  Section 11.3.   Tax
  Withholding

  	
  31

  
	
   

  	
   

  
	
  ARTICLE XII
  MANAGEMENT LIMITED PARTNERS

  	
  31

  
	
   

  	
   

  
	
  Section 12.1.  
  Vested Interests and Unvested Interests; Forfeiture of Unvested Interests

  	
  31

  
	
  Section 12.2.   Call
  Rights

  	
  31

  
	
  Section 12.3.   Put
  Rights

  	
  34

  
	
  Section 12.4.   Fair
  Market Value

  	
  36

  
	
  Section 12.5.  
  Voting; Power of Attorney

  	
  36

  
	
   

  	
   

  
	
  ARTICLE XIII BOOKS
  AND BANK ACCOUNTS

  	
  37

  
	
   

  	
   

  
	
  Section 13.1.  
  Maintenance of Books 

  	
  37

  
	
  Section 13.2.  
  Accounts

  	
  37

  

 

ii

 

	
  ARTICLE XIV
  DISSOLUTION, WINDING-UP AND TERMINATION

  	
  37

  
	
   

  	
   

  
	
  Section 14.1.  
  Dissolution of the Partnership

  	
  37

  
	
  Section 14.2.  
  Winding-up and Termination

  	
  38

  
	
  Section 14.3.  
  Deficit Capital Accounts

  	
  39

  
	
  Section 14.4.  
  Dissolution

  	
  39

  
	
   

  	
   

  
	
  ARTICLE XV
  WITHDRAWAL OF PARTNERS

  	
  39

  
	
   

  	
   

  
	
  Section 15.1.  
  Withdrawal of General Partner

  	
  39

  
	
  Section 15.2.  
  Withdrawal of Limited Partners

  	
  39

  
	
   

  	
   

  
	
  ARTICLE XVI
  GENERAL PROVISIONS

  	
  39

  
	
   

  	
   

  
	
  Section 16.1.  
  Offset

  	
  39

  
	
  Section 16.2.  
  Notices

  	
  39

  
	
  Section 16.3.  
  Entire Agreement; Supersede

  	
  40

  
	
  Section 16.4.  
  Effect of Waiver or Consent

  	
  40

  
	
  Section 16.5.  
  Amendment or Restatement

  	
  40

  
	
  Section 16.6.  
  Termination

  	
  41

  
	
  Section 16.7.  
  Binding Effect

  	
  41

  
	
  Section 16.8.  
  Governing Law; Severability; Limitation of Liability

  	
  41

  
	
  Section 16.9.  
  Further Assurances

  	
  42

  
	
  Section 16.10.  
  Indemnification

  	
  42

  
	
  Section 16.11.  
  Counterparts

  	
  42

  
	
  Section 16.12.  
  Other Covenants

  	
  42

  
	
  Section 16.13.   VCOC;
  Condition to Funding

  	
  43

  
	
  Section 16.14.  
  Registration Rights

  	
  43

  

 

Exhibits

Exhibit A                Definitions

Exhibit B                Form
of Spousal Agreement

Exhibit C                Form
of Addendum Agreement

Exhibit D                Form
of 83(b) Election

Exhibit E Registration
Rights Agreement

 

iii

 

TDS
INVESTOR (CAYMAN) L.P.

This SECOND AMENDED AND
RESTATED AGREEMENT OF EXEMPTED LIMITED PARTNERSHIP, dated as of March 26, 2007
(the “Agreement”), is being entered into by and among TDS Investor
(Cayman) GP Ltd., a Cayman Islands exempted company limited by shares, as
General Partner, and the Limited Partners listed on the signature pages hereto
as “Limited Partners” or “Management Limited Partners” and such other Persons
as shall hereinafter become Partners as hereinafter provided.

Preliminary
Statement

(a)           The
General Partner and those Limited Partners who were Limited Partners prior to
the date of this Agreement (the “Initial Limited Partners”) funded the
Partnership with a combination of equity contributions, which funds were used
to complete the transactions (the “Transactions”) contemplated by the
purchase agreement by and among Cendant Corporation, Travelport Inc. and TDS
Investor LLC, dated as of June 30, 2006, as amended (the “Purchase Agreement”);

(b)           This
Agreement was previously amended and restated as of October 13, 2006 in
connection with the investment by certain employees of Subsidiaries of the
Partnership (the “Initial Management Limited Partners”) who funded the
Partnership with additional equity contributions and/or provision of services to
the Partnership and its Subsidiaries, as further described in the applicable
Management Equity Award Agreements (the “Management Equity Award Agreements”)
between the Partnership and the applicable Initial Management Limited Partner
dated as of October 13, 2006;

(c)           In
connection with the execution of the merger agreement by and among Travelport,
Inc., Warpspeed Sub Inc., Worldspan Technologies Inc., Citigroup Venture
Capital Equity Partners, L.P. and Ontario Teachers Pension Plan Board dated as
of December 7, 2006, as amended (the “Merger Agreement”), OEP TP, Ltd.
invested $125 million in Class A-1 Interests and, pursuant to that certain
Joinder and Investment Agreement, dated as of December 7, 2006 (the “Joinder
Agreement”), as of such time, became a Limited Partner of the Partnership;
and

(d)           Pursuant
to the Joinder Agreement, the General Partner and the Sponsor Groups desire to
further amend and restate the amended and restated agreement of exempted
limited partnership dated as of October 13, 2006 (the “Existing Agreement”),
which amendments do not require the approval or consent of any other Limited
Partner under the Existing Agreement.

Agreement

In
consideration of the mutual promises and agreements made in this Agreement and
intending to be legally bound hereby, the parties hereto hereby agree as
follows:

 

 

ARTICLE I

 

DEFINITIONS

 

Section 1.1.            Definitions.  Capitalized terms used in the Agreement
(including Exhibits and Schedules hereto) but not defined in the body hereof
shall have the meanings ascribed to them in Exhibit A.

Section 1.2.            Construction.  Unless the context requires otherwise: (a)
pronouns in the masculine, feminine and neuter genders shall be construed to
include any other gender, and words in the singular form shall be construed to
include the plural and vice versa, (b) the term “including” shall be construed
to be expansive rather than limiting in nature and to mean “including, without
limitation,” (c) references to Articles and Sections refer to Articles and
Sections of this Agreement; (d) the words “this Agreement,” “herein,” “hereof,”
“hereby,” “hereunder” and words of similar import refer to this Agreement as a
whole, including the Exhibits and Schedules attached hereto, and not to any
particular subdivision unless expressly so limited, and (e) references to
Exhibits and Schedules are to the items identified separately in writing by the
parties hereto as the described Exhibits or Schedules attached to this
Agreement, each of which is hereby incorporated herein and made a part hereof
for all purposes as if set forth in full herein.

ARTICLE II

 

GENERAL
PROVISIONS

 

Section 2.1.            Formation.  The Partnership has been registered as an
exempted limited partnership pursuant to the provisions of the Partnership Act
on July 14, 2006.  The General Partner
and each of the Limited Partners shall be deemed to have notice of, and be
bound by, the terms and conditions set forth in this Agreement.  Except as expressly provided herein and to
the extent permitted by the Partnership Act, the rights and obligations of the
General Partner and each of the Limited Partners and the administration and
termination of the Partnership shall be governed by the Partnership Act.  The General Partner or any Person designated
by the General Partner is hereby designated as an authorized person to execute,
deliver and file any amendments to the Section 9 Notice of Registration of the
Partnership and/or restatements thereof and any other certificates, notices and
any amendments and/or restatements thereof necessary for the Partnership to
qualify to do business in a jurisdiction in which the Partnership may wish to
conduct business.

Section 2.2.            Name.  The Partnership shall conduct its activities
under the name of TDS Investor (Cayman) L.P. 
The General Partner shall have the power at any time to change the name
of the Partnership; provided that the name shall always contain the words “Limited
Partnership” or the letters “L.P.” 
Prompt notice of any such change shall be given to each Partner and
filed with the Registrar pursuant to the Partnership Act.

Section 2.3             Term.  The term of the Partnership commenced on the
date of filing of the requisite notice to form the Partnership in accordance
with the Partnership Act and shall continue until dissolved, wound up and
terminated in accordance with Article XIV.

 

2

 

Section 2.4.            Purpose;
Powers.  The purpose of the
Partnership shall be to engage in any business or activity that is permitted by
the Partnership Act and all other applicable Laws.

Section 2.5.            Place of Business.  The Partnership shall maintain a registered
office at c/o Walkers SPV Limited, Walker House, P.O. Box 908 GT, George Town,
Grand Cayman, Cayman Islands, unless a different registered office is
designated by the General Partner.  The
principal office of the Partnership shall be at such place outside of the
Cayman Islands as the General Partner may designate.  The Partnership may have such other offices
as the General Partner may designate.

Section 2.6.            Foreign Qualification.  Prior to the Partnership’s conducting
business in any jurisdiction other than the Cayman Islands, the General Partner
shall cause the Partnership to comply, to the extent procedures are available
and those matters are reasonably within the control of the General Partner,
with all requirements necessary to qualify the Partnership as a foreign company
in that jurisdiction if such qualification is required.  At the request of the General Partner, each
Limited Partner shall execute, acknowledge, swear to, and deliver all
certificates and other instruments conforming with this Agreement that are
necessary or appropriate to qualify, continue, and terminate the Partnership as
a foreign company in all such jurisdictions in which the Partnership may conduct
business, provided that no Limited Partner shall be required to file any
general consent to service of process or to qualify as a foreign corporation,
limited liability company, partnership or other entity in any jurisdiction in
which it is not already so qualified.

Section 2.7.            Title
to Assets.  Title to the Partnership’s
assets, whether real, personal or mixed and whether tangible or intangible,
shall be deemed to be held by the General Partner or in trust for the
Partnership pursuant to the terms of this Agreement.

Section 2.8.            Fiscal
Year.  The Fiscal year of the
Partnership shall be the calendar year.

ARTICLE III

 

ADMISSION
OF PARTNERS

 

Section 3.1.            Partnership
Interests.

(a)           Classes.  The Interests in the Partnership shall be the
“General Partner Interest” issued to the General Partner and five
classes of limited partnership Interests issuable to, and owned by, the Limited
Partners, referred to herein as the “Class A-1 Interests”, the “Class
A-2 Interests”, the “Class B Interests”, the “Class C Interests”
and the “Class D Interests”.  The
Class A-1 Interests and the Class A-2 Interests shall be
referred to herein as the “Class A Interests”.  The Class A-2 Interests, the
Class B Interests, the Class C Interests and the Class D
Interests shall be referred to herein as the “Management Interests”.  Interests in the Partnership shall constitute
“securities” governed by Article 8 of the applicable version of the Uniform
Commercial Code, as amended from time to time after the date hereof.

 

3

 

(b)           Interest
Certificates.  Ownership of Interests
may be evidenced by certificates, but shall be exclusively determined by entry
in the Register of Partners.  Each
Interest certificate and the Register of Partners shall bear a legend on the
face thereof in the following form:

“TRANSFER
IS SUBJECT TO RESTRICTIVE LEGENDS ON BACK.”

and shall bear a legend on
the reverse side thereof substantially in the following form:

“THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED OR SOLD, UNLESS
IT HAS BEEN REGISTERED UNDER THE SECURITIES ACT OR UNLESS AN EXEMPTION FROM
REGISTRATION IS AVAILABLE (AND, IN SUCH CASE, AN OPINION OF COUNSEL REASONABLY
SATISFACTORY TO THE GENERAL PARTNER SHALL HAVE BEEN DELIVERED TO THE
PARTNERSHIP TO THE EFFECT THAT SUCH OFFER OR SALE IS NOT REQUIRED TO BE
REGISTERED UNDER THE SECURITIES ACT). 
THIS SECURITY IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AND OTHER
TERMS AND CONDITIONS SET FORTH IN (X) THE AMENDED AND RESTATED AGREEMENT
OF EXEMPTED LIMITED PARTNERSHIP OF TDS INVESTOR (CAYMAN) L.P. (THE “PARTNERSHIP
AGREEMENT”), (Y) THE SHAREHOLDERS’ AGREEMENT OF TDS INVESTOR (CAYMAN) GP LTD.
AND (Z) THE OTHER TRANSACTION DOCUMENTS DESCRIBED IN THE PARTNERSHIP AGREEMENT,
IN EACH SUCH CASE, AS AMENDED FROM TIME TO TIME, COPIES OF WHICH MAY BE
OBTAINED FROM THE PARTNERSHIP AT ITS PRINCIPAL EXECUTIVE OFFICES.”

(c)           Conformed
copies of this Agreement shall be kept with the records of the Partnership by
the General Partner at its principal executive offices.  In addition to the legend required by Section
3.1(b) above, each Partner agrees that the Register of Partners and each
Interest certificate heretofore or hereafter issued by the Partnership shall
also bear such other legends as may be required by Law or the General
Partner.  Any such legend shall be
removed by the General Partner upon the request (which shall include customary
representations and opinions of counsel if reasonably requested by the General
Partner) of a Partner when such legend is no longer applicable.

(d)           Schedule
A.  The General Partner shall update
Schedule A as required by the Partnership Act and ensure that it accurately
reflects the information to be provided for therein.  Any amendment or revision to Schedule A made
in accordance with this Agreement shall not be deemed an amendment to this
Agreement.  Any reference in this
Agreement to Schedule A shall be deemed to be a reference to Schedule A as
amended and in effect from time to time.

 

4

 

Section 3.2             Dispositions
of Partnership Interests.  No Limited
Partner, nor any spouse of a Limited Partner, Personal Representative of a
Limited Partner or legal representative or agent of a Limited Partner, may
Dispose of all or any portion of such Limited Partner’s Interest, except in
compliance with Article IV.  Each of the
Limited Partners agrees that the restrictions contained in this Agreement are
fair and reasonable and in the best interest of the Partnership and the
Partners.

Section 3.3.            Admission of Additional Limited
Partners.  Any Person that acquires
Interests pursuant to a Disposition of Interests to such Person by a Limited
Partner in accordance with Article IV and the other provisions of this
Agreement or pursuant to an issuance to such Person by the Partnership in
accordance with this Agreement shall automatically be admitted as a Limited
Partner without further action by the Partnership or the General Partner upon
signing an Addendum Agreement in the form attached hereto as Exhibit C (an “Addendum Agreement”), which, in
the case of OEP, was satisfied with the execution of the Joinder
Agreement.  No other Person that acquires
an Interest shall be admitted to the Partnership as an additional limited
partner of the Partnership in connection with a Disposition or an issuance by
the Partnership, without the consent of the General Partner.

Section 3.4.            Information.

(a)           No
Limited Partner shall be entitled to obtain any information relating to the
Partnership except as expressly provided in this Agreement or in another
written agreement between the Partnership and a Limited Partner giving such
Limited Partner rights to receive information from the Partnership or to the extent
required by the Partnership Act; and to the extent a Limited Partner is so
entitled to such information, such Limited Partner shall be subject to the
provisions of Section 3.4(b).  The
General Partner shall have access to all information regarding the Partnership
subject to the provisions of Section 3.4(b).

(b)           Subject
to Section 10.3, each Partner agrees that all Confidential Information shall be
kept confidential by such Partner and shall not be disclosed by such Partner in
any manner whatsoever; provided, however,
that (i) any of such Confidential Information may be disclosed by a Partner to
its managers, officers, employees and authorized representatives (including
attorneys, accountants, consultants, bankers and financial advisors of such
Partner) and each Partner
that is a limited partnership may disclose such Confidential Information to any
former partners who retained an economic interest in such Partner, and to any
current or prospective partner, limited partner, general partner or management company
of such Partner (or any employee, attorney,
accountant, consultant, banker or financial advisor
or representative of any of the foregoing)
(collectively, for purposes of this Section 3.4(b), “Representatives”), each of which Representatives shall be bound by the
provisions of this Section 3.4(b), (ii) any disclosure of Confidential
Information may be made by a Partner or its Representatives to the extent the
Partnership consents in writing, and (iii) Confidential Information may be
disclosed by any Partner or Representative to the extent that the Partner or
its Representative has received advice from its counsel that it is legally
compelled to do so, provided that, prior to making such disclosure, the Partner
or Representative, as the case may be, uses commercially reasonable efforts to
preserve the confidentiality of the Confidential Information, including
consulting with the General Partner regarding such disclosure and, if
reasonably requested by the General Partner, assisting the Partnership, at the
Partnership’s expense, in seeking a protective order to

 

5

 

prevent
the requested disclosure, and provided further that the Partner or
Representative, as the case may be, discloses only that portion of the
Confidential Information as is, based on the advice of its counsel, legally
required.

Section 3.5.            Cessation
of Partnership Interest.  A Partner
shall automatically cease to be a Partner upon Disposition of all of such
Partner’s Interests in accordance with this Agreement and the removal of such
Partner’s name from the Register of Partners. 
Immediately upon any such Disposition, the General Partner shall cause
such Partner’s name to be removed from the Register of Partners.

Section 3.6.            Spouses
of Partners.  Spouses of the Partners
that are natural persons do not become Partners as a result of such marital
relationship.  Each spouse of a Partner
shall be required to execute a Spousal Agreement in the form of Exhibit B to
evidence their agreement and consent to be bound by the terms and conditions of
this Agreement as to their interest, whether as community property or
otherwise, if any, in the Interests owned by such Partner.

ARTICLE IV

 

RESTRICTIONS
ON DISPOSITIONS OF INTERESTS

 

Section 4.1.            Restrictions
On Dispositions.

(a)           Anything
in this Agreement to the contrary notwithstanding, no issuance or Disposition
of Interests otherwise permitted or required by this Agreement shall be made
unless such issuance or Disposition is in compliance with U.S. and other
federal and state securities laws, including the Securities Act and the rules
and regulations thereunder, and the Partnership Act.

(b)           Anything
in this Agreement to the contrary notwithstanding, unless otherwise agreed to
in writing by the General Partner, no Disposition of Interests otherwise
permitted or required by this Agreement shall be effective unless and until any
transferee who is not already a party to this Agreement (and such transferee’s
spouse, if applicable) shall execute and deliver to the Partnership an Addendum
Agreement in which such transferee (and such transferee’s spouse, if
applicable) agrees to be bound by this Agreement and to observe and comply with
this Agreement and with all obligations and restrictions imposed on the
Partners hereby and thereby.  Any Person
who is not already a party to this Agreement and acquires Interests in
accordance with the provisions of this Agreement shall be required to become a
party to this Agreement by executing (together with such Person’s spouse, if applicable)
an Addendum Agreement.

(c)           Dispositions
of Interests may only be made in strict compliance with all applicable terms of
this Agreement, and any purported Disposition of Interests that does not so
comply with all applicable provisions of this Agreement shall be null and void
and of no force or effect, and the Partnership shall not recognize or be bound
by any such purported Disposition and shall not effect any such purported
Disposition on the transfer books of the Partnership or

 

6

 

Capital
Accounts of the Partners.  The parties
hereto agree that the restrictions contained in this Article IV are fair and
reasonable and in the best interests of the Partnership and its Partners.

(d)           All
newly issued Interests shall only be issued to Persons who are or become party
to this Agreement by execution of an Addendum Agreement.

(e)           Dispositions
made in accordance with this Agreement shall be effected by such documents and
instruments as are necessary to comply with the Partnership Act and other
applicable Cayman Islands Law, including the Addendum Agreement or such other
form of instrument of transfer approved by the General Partner.

(f)            Each
of the Class A-1 Limited Partners agrees that any Disposition of Class A-1
Interests pursuant to the terms of this Agreement shall be accompanied by a
proportionate Disposition of such Class A-1 Limited Partner’s shares in the
General Partner pursuant to Section 4.3 of the Shareholders’ Agreement.  Any such Disposition of Class A-1 Interests
which is not accompanied by a Disposition of a proportionate amount of such
Class A-1 Limited Partner’s shares in the General Partner shall be null and
void.

(g)           Any
issuance of Class A-1 Interests to a Class A-1 Limited Partner or to any other
Person pursuant to the terms of this Agreement shall be accompanied by an
issuance to such Person of a proportionate amount of shares in the General
Partner pursuant to Section 5.2 of the Shareholders’ Agreement, and such Class
A-1 Limited Partner shall be required to pay the subscription amount to the
General Partner required in connection therewith; provided, that this
requirement shall not apply to OEP, which shall coordinate with the General
Partner to subscribe for shares of the General Partner and enter into the
Shareholders Agreement as soon as practicable after the date hereof.  Except with respect to OEP’s investment in
Class A-1 Interests in connection with the execution of the Joinder Agreement,
any issuance of Class A-1 Interests which is not accompanied by an issuance of
a proportionate amount of shares in the General Partner to such Person shall be
null and void.

Section 4.2.            Class A-1
Permitted Dispositions.

(a)           Subject
to the provisions of Section 4.1, Class A-1 Interests may only be Disposed
(i) to a Person who is a Permitted Transferee with respect to the transferring
Partner (and each such Permitted Transferee may in turn make any such
Disposition to another Person who is a Permitted Transferee with respect to the
initial transferring Partner upon the same terms and conditions), (ii)
following the third anniversary of the date of this Agreement, (iii) prior to
the third anniversary of the date of this Agreement with the consent of the
General Partner, (iv) by one Sponsor Group to another Sponsor Group, or (iv)
pursuant to a Limited Partner’s rights as a Class A-1 Tag Offeree
under Section 4.3 or in connection with a drag-along sale pursuant to and in
accordance with Section 4.4.

(b)           Any
transfer made pursuant to clauses (i) and (iv) of Section 4.2(a) above shall
not be subject to the terms of Section 4.3 below.

(c)           The
provisions of this Section 4.2 shall terminate upon a Qualified Public
Offering.

 

7

 

Section 4.3.            Class A-1
Tag-Along Rights.

(a)           No
Blackstone Partner shall sell or otherwise effect the Disposition of any
Class A-1 Interests (in one or a series of transactions) to a third
party (excluding for such purpose Dispositions in connection with a Qualified
Public Offering) unless the terms and conditions of such Disposition include an
offer, on the same terms as the offer to the selling Partner (the “Class A-1
Selling Partner”), to each
of the other Class A-1 Limited Partners (collectively, the “Class A-1
Tag Offerees”), to include at the option of each Class A-1 Tag
Offeree, in the sale or other Disposition to the third party, a number of Class
A-1 Interests owned by each Class A-1 Tag Offeree determined in
accordance with this Section 4.3.

(b)           The
Class A-1 Selling Partner shall cause the third party offer to be
reduced to writing (which writing shall include an offer to purchase or
otherwise acquire Class A-1 Interests from the Class A-1 Tag
Offerees as required by this Section 4.3 and a time and place designated for
the closing of such purchase, which time shall not be less than 10 days after
delivery of such notice) and shall send written notice of such third party
offer (the “Class A-1
Inclusion Notice”) to each of the Class A-1 Tag Offerees
and the General Partner in the manner specified herein.

(c)           Each
Class A-1 Tag Offeree shall have the right (an “Class A-1 Inclusion Right”), exercisable
by delivery of notice to the Class A-1 Selling Partner at any time
within ten Business Days after receipt of the Class A-1 Inclusion
Notice, to sell pursuant to such third party offer, and upon the terms and
conditions set forth in the Class A-1 Inclusion Notice, that number
of Class A-1 Interests requested to be included by such Class A-1
Tag Offeree; provided, however,
that if the proposed third party transferee is unwilling to purchase all of the
Class A-1 Interests requested to be sold by all exercising Class A-1
Tag Offerees, then each Class A-1 Tag Offeree shall have the right
to sell pursuant to such third party offer, and upon the terms and conditions
set forth in the Class A-1 Inclusion Notice, a number of such
Class A-1 Tag Offeree’s Class A-1 Interests equal to the product of
(x) such Class A-1 Tag Offeree’s Class A-1 Interests
multiplied by (y) the percentage of Class A-1 Interests that the
Class A-1 Selling Partner is proposing to sell relative to the total
number of Class A-1 Interests held by such Class A-1
Selling Partner and its Affiliates.  If
any Class A-1 Tag Offeree has exercised its Class A-1
Inclusion Rights and the proposed third party transferee is unwilling to
purchase all of the Class A-1 Interests proposed to be transferred by all
exercising Class A-1 Tag Offerees (determined in accordance with the
first sentence of this Section 4.3(c)), then the Class A-1 Selling
Partner and each exercising Class A-1 Tag Offeree shall reduce, on a
pro rata basis based on their respective Percentage Interests of the Class A-1
Interests, the amount of such Class A-1 Interests that each otherwise would
have sold so as to permit the Class A-1 Selling Partner and each
exercising Class A-1 Tag Offeree to sell the amount of Class A-1
Interests (determined in accordance with such reduced Percentage Interests),
that the proposed third party transferee is willing to purchase.

(d)           The
Class A-1 Tag Offerees and the Class A-1 Selling Partner
shall sell to the proposed third party transferee the Class A-1 Interests
proposed to be transferred by them in accordance with this Section 4.3, at the
time and place provided for the closing in the Class A-1 Inclusion
Notice, or at such other time and place as the Class A-1 Tag
Offerees, the Class A-1 Selling Partner, and the proposed third
party transferee shall agree.

 

8

 

(e)           The
provisions of this Section 4.3 shall terminate upon a Qualified Public
Offering.

Section 4.4.            Class A-1
Drag-Along Rights.

(a)           If
a Class A-1 Limited Partner (the “Class A-1 Drag Partner”)
receives an offer from a Person or group of Persons that is not a Permitted
Transferee or Affiliate of the Blackstone Group or the Partnership to purchase
a number of Interests (the “Class A-1 Drag Interests”) that
is not less than a majority of the outstanding Class A-1 Interests
(calculated as a single class) and such offer is accepted by Partners holding a
majority of the outstanding Class A-1 Interests, then the Class A-1
Drag Partner may require each Class A-1 Limited Partner to sell to the
applicable buyer(s) a number of Class A-1 Interests that is equal to the
product of (i) the number of Class A-1 Interests owned by such Limited Partner
and (ii) a fraction (expressed as a percentage), the numerator of which is the
number of Class A-1 Drag Interests and the denominator of which is
the total number of outstanding Class A-1 Interests (such percentage, the “Class A-1
Relevant Percentage”, and any such transaction, an “Approved
Class A-1 Sale”).  In any
such Approved Class A-1 Sale, all selling Class A-1 Limited
Partners must receive the same benefits (including the same consideration per
Interest) and bear the same burdens as the Class A-1 Drag Partner,
subject to Section 4.4(c).  To the extent
any such transaction shall be structured as (I) a merger, conversion, Interest
exchange, consolidation, transfer by way of continuation of the Partnership, or
a sale of all or substantially all of the assets of the Partnership, each Class
A-1 Limited Partner entitled to vote thereon shall vote in favor of such
Approved Class A-1 Sale and shall waive any appraisal rights
or similar rights in connection with such merger, conversion, exchange,
consolidation or transfer by way of continuation or asset sale, or (II) a sale
of Class A-1 Interests, the Class A-1 Limited Partners shall agree
to sell all of their Interests which are the subject of the Approved Class A-1
Sale, on the terms and conditions of such Approved Class A-1 Sale.

(b)           In
order to exercise the rights contemplated by this Section 4.4, the Class A-1
Drag Partner must give written notice to each other Class A-1 Limited Partner
as soon as practicable, but in no event later than the earlier of (i) fifteen
Business Days following the execution of the relevant agreement and (ii) twenty
Business Days prior to the anticipated closing date of the Approved Class A-1
Sale.  Such notice must set forth the
name of the proposed buyer(s), the proposed amount and form of consideration
and the other terms and conditions of the offer, including a copy of the
relevant agreement.

(c)           Notwithstanding anything herein to the contrary, no Class A-1 Limited Partner
shall be required to take any actions under this Section 4.4 in connection with
an Approved Class A-1
Sale, unless (i) such Class A-1 Limited Partner is not responsible or
otherwise liable for more than the lesser of (x) its pro rata share (based upon
the actual amount of consideration received) of any holdback, escrow or
indemnification obligation (other than indemnities in respect to
representations and warranties regarding such Class A-1 Limited Partner’s title
to its Class A-1 Interests, due execution and due authorization),
and (y) an amount equal to the actual consideration received by such Class A-1
Limited Partner in such Approved Class A-1 Sale; and (ii) if any Class A-1 Limited Partner is given an
option as to the form of consideration to be received, all other such Class A-1 Limited Partners
shall be given the same option.

 

9

 

(d)           The
provisions of this Section 4.4 shall terminate upon a Qualified Public
Offering.

Section 4.5.            Conversion
to IPO Corporation.

(a)           In
connection with any proposed Qualified Public Offering approved in accordance
with this Agreement, the General Partner, at its election, may amend this
Agreement to provide for a share capital, convert in accordance with Cayman
Islands Law to a company limited by shares or other capital structure as the
General Partner may determine, form a subsidiary holding company and distribute
its shares to the Partners, move the Partnership or any successor to another
jurisdiction to facilitate any of the foregoing, or take such other steps as it
deems necessary to create a suitable vehicle for an offering, in each such case
in accordance with the Partnership Act and applicable Law (the resulting
entity, the “IPO Corporation”),
and in each case for the express purpose of an initial offering of the
securities of such IPO Corporation for sale to the public in a registered
public offering pursuant to the Securities Act that is a Qualified Public
Offering (an “IPO Conversion”). 
In connection therewith each Class A-1 Limited Partner agrees to
cooperate with the other Class A-1 Limited Partners in good faith in
order to effectuate the IPO Conversion and ensure that each Class A-1
Limited Partner receives shares (or other equity securities) and other rights
in connection with such IPO Conversion substantially equivalent to its economic
interest, governance, priority and other rights and privileges as such
Class A-1 Limited Partner had prior to such IPO Conversion and are
consistent with the rights and preferences attendant to such Class A-1
Interests as set forth in this Agreement as in effect immediately prior to such
IPO Conversion and to ensure that such rights and privileges are reflected in
the organizational and other documents of the IPO Corporation.  In the event the General Partner determines
that the Partnership should engage in an IPO Conversion, the Class A-1
Limited Partners will use commercially reasonable efforts to cooperate with
each other so the IPO Conversion is undertaken in a tax-efficient manner for
all Class A-1 Limited Partners.

(b)           In
connection with any proposed IPO Conversion, at the option of the General
Partner all or any portion of the Management Interests may (i) be converted
into or redeemed for shares (or other equity securities and/or options at fair market
value) and other rights with substantially equivalent economic, governance,
priority and other rights and privileges as in effect immediately prior to such
IPO Conversion (disregarding the tax treatment of such conversion or
redemption) or (ii) remain outstanding; provided that the General
Partner shall only take the action described in clause (i) if the General
Partner determines in good faith that the failure to take such action would be
materially adverse to the best interests of all Partners of the Partnership
taken as a whole (it being understood that for purposes of such determination
the availability of tax deductions arising from redeeming or converting
Management Interests, in whole or in part, for options shall not be taken into
consideration by the General Partner). 
If the General Partner shall elect to take the action referred to in
clause (i), the Partnership shall use commercially reasonable efforts to
cooperate with Management Limited Partners so the IPO Conversion, to the extent
possible, is undertaken in a tax-efficient manner for all Management Limited
Partners.  If any such conversion or
redemption is effected in compliance with this Section 4.5, each Management
Limited Partner agrees to consent to and raise no objection to such conversion
or redemption and shall execute and deliver all agreements, instruments and

 

10

 

documents
as may be reasonably required in order to consummate such conversion or
redemption.

(c)           Notwithstanding
Section 4.5(b), following an IPO Conversion, contemporaneously with the later
of (i) the occurrence of the Lapse Date with respect to a Management
Limited Partner and (ii) the date on which all of a Management Limited
Partner’s Management Interests become Vested Interests, such Management Limited
Partner shall have the right, on 15 Business Days prior written notice to the
Partnership, to have all of its Management Interests redeemed by the
Partnership for corresponding shares or other securities of the IPO Corporation;
provided that upon exercise of such right the applicable Management Limited
Partner shall become a party to a stockholders agreement with IPO Corporation
providing for substantially similar obligations as those provided in this
Agreement.

(d)           The
General Partner shall give each Class A-1 Limited Partner at least
30 days’ prior written notice of any IPO Conversion as to which the Partnership
intends to exercise its rights under Section 4.5.  If the General Partner elects to exercise its
rights under Section 4.5, the Partners shall take such actions as may be
reasonably required and otherwise cooperate in good faith with the General
Partner, including taking all actions required by the General Partner, in
connection with consummating the IPO Conversion (including, without limitation,
the voting of any Interests (including any voting as Partners as may be
necessary to effect a transfer by continuation or to authorize a share capital,
whether by liquidation of the Partnership and creation of a new entity,
amendment to this Agreement or otherwise), to approve such IPO Conversion and
to take any other actions required in order to effectuate an IPO Conversion).

Section 4.6.            Management
Interests Permitted Dispositions. 
Subject to the provisions of Section 4.1, Management Interests may only
be Disposed (a) to a Person who is a Permitted Transferee with respect to the
transferring Management Limited Partner (and each such Permitted Transferee may
in turn make any such Disposition to another Person who is a Permitted
Transferee with respect to the initial transferring Management Limited Partner
upon the same terms and conditions), (b) subject to compliance with
Section 4.9, following the Lapse Date applicable to such Management
Limited Partner, (c) prior to the Lapse Date applicable to such Management
Limited Partner with the consent of the General Partner (which consent shall be
granted or withheld in the sole discretion of the General Partner without
regard to the best interests of the Partnership or any Limited Partner) or (d)
pursuant to a Management Limited Partner’s rights as a Management Tag Offeree
under Section 4.7 or in connection with a drag-along sale pursuant to and in
accordance with Section 4.8.

Section 4.7.            Management
Interest Tag-Along Rights.

(a)           The
Blackstone Partners shall not sell or otherwise effect the Disposition of more
than 25% of the Class A-1 Interests held collectively by the
Blackstone Partners on the date of this Agreement (in one or a series of
transactions, regardless of whether such transactions are related) to a third
party (excluding for such purpose Dispositions in connection with a Qualified
Public Offering) unless the terms and conditions of such Disposition include an
offer, on the same terms (except that (x) the price per Interest shall be
adjusted to reflect the relative values of the applicable Interests in light of
the distribution priorities set forth in Article VII and (y) any
consideration otherwise payable in kind may, at the election of the buyer, be
paid in cash

 

11

 

of
equivalent value) as the offer to the selling Partner (the “25% Selling Partner”), to each of the
Management Limited Partners (collectively, the “Management Tag Offerees”),
to include at the option of each Management Tag Offeree, in the sale or other
Disposition to the third party, a number of each class of Management Interests
owned by each Management Tag Offeree determined in accordance with this Section
4.7.

(b)           The
25% Selling Partner shall cause the third party offer to be reduced to writing
(which writing shall include an offer to purchase or otherwise acquire
Management Interests from the Management 
Tag Offerees as required by this Section 4.7 and a time and place
designated for the closing of such purchase, which time shall not be less than
10 days after delivery of such notice) and shall send written notice of such
third party offer (the “Management  Inclusion Notice”) to each of the Management Tag Offerees in
the manner specified herein.

(c)           Each
Management Tag Offeree shall have the right (a “Management  Inclusion Right”), exercisable by
delivery of notice to the 25% Selling Partner at any time within ten Business
Days after receipt of the Management Inclusion Notice, to sell pursuant to such
third party offer, and upon the terms and conditions set forth in the
Management Inclusion Notice, that number of each class of Management Interests
equal to the product of (x) such Management Tag Offeree’s Interests of
such class multiplied by (y) the percentage of Class A-1 Interests
that the 25% Selling Partner is proposing to sell (or has previously sold in a
transaction subject to Section 4.3 but not Section 4.7) relative to the
total number of Class A-1 Interests held by such 25% Selling Partner
and its Affiliates on the date of this Agreement (provided that, with respect
to any subsequent Management Inclusion Right, the percentage shall be based on
the percentage of Class A-1 Interests that the 25% Selling Partner
is proposing to sell (or has sold in any transaction subject to Section 4.3 but
not 4.7 since the previous exercise of a Management Inclusion Right) relative
to the total number of Class A-1 Interests held by such 25% Selling
Partner and its Affiliates immediately following the exercise of the most recent
Management Inclusion Right).

(d)           The
Management Tag Offerees and the 25% Selling Partner shall sell to the proposed
third party transferee the Management Interests proposed to be transferred by
them in accordance with this Section 4.7, at the time and place provided for
the closing in the Management Inclusion Notice, or at such other time and place
as the Management Tag Offerees, the 25% Selling Partner, and the proposed third
party transferee shall agree.

(e)           Notwithstanding
the foregoing, the tag-along provisions of this Section 4.7 shall only apply to
Management Interests which are Vested Interests (or which would become Vested
Interests as a result of the transactions contemplated by this
Section 4.7), assuming for purposes of this Section 4.7 that the
distributions pursuant to Section 7.1 are deemed to be effected pro forma for
the proposed tag-along transaction, and Management Interests which are not
Vested Interests shall not be regarded as Interests for purposes of this
Section 4.7.

Section 4.8.            Management
Drag-Along Rights.

(a)           If
a Blackstone Partner (the “Blackstone Drag Partner”) receives an offer
from a Person or group of Persons that is not a Permitted Transferee or
Affiliate of the Blackstone Group or the Partnership to purchase more than 25% of
the Class A-1 Interests held

 

12

 

collectively
by them on the date of this Agreement (the “Blackstone Drag Interests”),
then the Blackstone Drag Partner may require each Management Limited Partner to
sell to the applicable buyer(s) a number of each class of Interests that is
equal to up to the product of (i) the number of such class of Interests owned
by such Management Limited Partner and (ii) a fraction (expressed as a
percentage), the numerator of which is the number of Blackstone Drag Interests
and the denominator of which is the total number of outstanding Class A-1
Interests held by the Blackstone Group (such percentage, the “Management
Relevant Percentage”, and any such transaction, a “Approved Management
Interest Sale”).  In any such
Approved Management Interest Sale, all selling Management Limited Partners must
receive the same relative benefits (except that (x) the price per Interest
shall be adjusted to reflect the relative values of the applicable Interests in
light of the distribution priorities set forth in Article VII and
(y) any consideration otherwise payable in kind may, at the election of
the buyer, be paid in cash of equivalent value) and bear the same relative
burdens as the Blackstone Drag Partner, subject to Section 4.8(c).  To the extent any such transaction shall be
structured as (I) a merger, conversion, Interest exchange, consolidation,
transfer by way of continuation of the Partnership, or a sale of all or
substantially all of the assets of the Partnership, each Management Limited
Partner entitled to vote thereon shall vote in favor of such Approved
Management Interest Sale and shall waive any appraisal rights or similar rights
in connection with such merger, conversion, exchange, consolidation or transfer
by way of continuation or asset sale, or (II) a sale of Interests, the
Management Limited Partners shall agree to sell all of their Management
Interests which are the subject of the Approved Management Interest Sale, on
the terms and conditions of such Approved Management Interest Sale.

(b)           In
order to exercise the rights contemplated by this Section 4.8, the Blackstone
Drag Partner must give written notice to each Management Limited Partner as
soon as practicable, but in no event later than the earlier of (i) twenty
Business Days following the execution of the relevant agreement and (ii) ten
Business Days prior to the anticipated closing date of the Approved Management
Interest Sale.  Such notice must set
forth the name of the proposed buyer(s), the proposed amount and form of
consideration and the other terms and conditions of the offer, including a copy
of the relevant agreement.

(c)           Notwithstanding anything herein to the contrary, no
Management Limited Partner shall be required to take any actions under this
Section 4.8 in connection with a Approved Management Interest Sale, unless such Management
Limited Partner is not responsible or
otherwise liable for more than the lesser of (x) its pro rata share (based upon
the actual amount of consideration received) of any holdback, escrow or
indemnification obligation (other than indemnities in respect to
representations and warranties regarding such Management
Limited Partner’s title to its Management Interests,
due execution and due authorization), and (y) an amount equal to the actual
consideration received by such Management
Limited Partner in such Approved
Management Interest Sale.

(d)           Notwithstanding
the foregoing, the drag-along provisions of this Section 4.8 shall apply to all
Management Interests, assuming for purposes of this Section 4.8 that the
distributions pursuant to Section 7.1 are deemed to be effected pro forma for
the proposed Approved Management Interest Sale.

Section 4.9.            Right
of First Refusal.  

 

13

 

(a)           After
the Lapse Date applicable to a Management Limited Partner and until the
occurrence of a Qualified Public Offering (the “ROFR Period”), the
Partnership shall have a right of first refusal with respect to any proposed
Disposition of Management Interests by a Management Limited Partner (each a “Transferring
Management Limited Partner”), and any Transferring Management Limited
Partner must first comply with the provisions of this Section 4.9.  The Partnership may assign this right to one
or more Blackstone Partners, TCV Partners or OEP Partners (in which case all
references in this Section 4.9 shall be deemed to be references to the
applicable Blackstone Partner, TCV Partner or OEP Partner); provided, that any
such assignment shall be pro rata among
each Blackstone Partner, TCV Partner and OEP Partner wishing to exercise such
right.

(b)           At
any time a Transferring Management Limited Partner proposes to make a bona fide
Disposition of Management Interests during the ROFR Period (other than (i) a
Disposition pursuant to clause (a) or (d) of Section 4.6 or (ii) pursuant to
the Registration Rights Agreement), and such Transferring Management Limited
Partner has received a bona fide arm’s length offer (the “Offer”) to
purchase all or any portion of its Management Interests (the “Offered
Interests”) from any Person (the “Offeror”) which the Transferring
Management Limited Partner wishes to accept, such Transferring Management
Limited Partner shall cause the Offer to be reduced to writing and shall notify
the Partnership in writing of its wish to accept the Offer (the “Offering
Notice”).

(c)           The
Offering Notice shall contain an irrevocable offer to sell the Offered
Interests to the Partnership at a price equal or equivalent (as determined in
the manner set forth in Section 4.9(c)(i) below) to the price contained
in, and otherwise on the same terms and conditions of, the Offer and shall be
accompanied by a copy of the Offer (which shall identify the Offeror).

(i)            For a period of 20 Business Days
after the date upon which the Partnership shall have received the Offering
Notice (the “Partnership Option Period”), the Partnership shall have the
right to elect to purchase all (but not less than all) of the Offered Interests
either (A) at the same price and on the same terms and conditions as the Offer
or (B) if the Offer includes any consideration other than cash, then at the
sole option of the Partnership, at the equivalent cash price, determined in
good faith by the General Partner.  If
the Partnership does not elect to purchase all of the Offered Interests
pursuant to this Section 4.9(c), then the Transferring Management Limited
Partner may sell all of the Offered Interests to the Offeror in accordance with
Section 4.9(e).

(ii)           The right of the Partnership to
purchase the Offered Interests under Section 4.9(c) shall be exercisable
by delivering written notice of the exercise thereof, prior to the expiration
of the Partnership Option Period, to the Transferring Management Limited Partner.  The failure of the Partnership to deliver
such a notice to the Transferring Management Limited Partner within the
Partnership Option Period to the Transferring Management Limited Partner shall
be deemed to be a waiver of the Partnership’s rights under Section 4.9(c).

(d)           The
closing of the purchase of Offered Interests subscribed for by the Partnership
under Section 4.9(c) shall be held at the executive office of the
Partnership at 11:00

 

14

 

a.m.,
local time, no later than 25 Business Days after the Partnership’s election to
purchase the Offered Interests pursuant to Section 4.9(c) is delivered to
the Transferring Management Limited Partner or at such other time and place as
the parties to the transaction may agree; provided that if such sale is
subject to any prior regulatory approval, then such 30-day period shall be
extended until the expiration of 15 Business Days after all such approvals
shall have been received, but in no event shall such period be extended for
more than an additional 60 days without the consent of the Transferring
Management Limited Partner.  At such
closing, the Transferring Management Limited Partner shall deliver certificates
representing the Offered Interests (or other applicable transfer instruments),
duly endorsed for transfer and accompanied by all requisite transfer taxes, if
any, and such Offered Interests shall be free and clear of any liens, and the
Transferring Management Limited Partner shall so represent and warrant, and
shall further represent and warrant that it is the sole beneficial and legal
owner of such Offered Interests with the full right, power and authority to
convey the Offered Interests to the Partnership.  The Partnership shall deliver at the closing
payment in full in immediately available funds for the Offered Interests
purchased by it.  At such closing, all of
the parties to the transaction shall execute such additional documents as are
otherwise necessary or appropriate.

(e)           If
the Partnership does not elect to purchase all of the Offered Interests under
Section 4.9(c), or if the Partnership does so elect but the regulatory
approvals necessary to consummate such purchase are not obtained within the
time periods referred to in Section 4.9(d), then the Transferring
Management Limited Partner may sell all (but not less than all) of the Offered
Interests to the Offeror on terms and conditions no less favorable to the
Transferring Management Limited Partner than those set forth in the Offering
Notice; provided, however, that such sale is bona fide and made
pursuant to a contract entered into not later than 45 days after the earlier to
occur of (i) the waiver by the Partnership of its option to purchase the
Offered Interests and (ii) the expiration of the Partnership Option Period (the
“Contract Date”); and provided, further, that such sale
shall not be consummated unless and until (A) such Offeror shall represent in
writing to the Partnership that it is aware of the rights and obligations of
the Partnership contained in this Agreement and (B) prior to the purchase by
such Offeror of such Offered Interests, such Offeror shall become a party to
this Agreement and shall agree to be bound by the terms and conditions hereof
to the same extent as the Transferring Management Limited Partner.  If such sale is not consummated within 60
days after the Contract Date for any reason, then the restrictions provided for
herein shall again become effective, and no Disposition of such Offered Interests
may be made thereafter by the Transferring Management Limited Partner without
again complying with this Section 4.9; provided that if such sale
is subject to any prior regulatory approval, then such 30-day period shall be
extended until the expiration of 10 Business Day after all such approvals shall
have been received, but in no event shall such period be extended for more than
an additional 120 days without the consent of the Partnership.

Section 4.10.          Specific
Performance.  Each of the parties to
this Agreement acknowledges that it shall be impossible to measure in money the
damage to the Partnership or the Partners(s), if any of them or any transferee
or any legal representative of any party hereto fails to comply with any of the
restrictions or obligations imposed by this Article IV, that every such
restriction and obligation is material, and that in the event of any such
failure, neither the Partnership nor the Partner(s) shall have an adequate
remedy at law or in damages.  Therefore,
each party hereto consents to the issuance of an injunction or the enforcement
of other equitable remedies against it at the suit of an aggrieved party
without the posting of any bond or other

 

15

 

equity security, to
compel specific performance of all of the terms of this Article IV and to
prevent any Disposition of Interests in contravention of any terms of this
Article IV, and waives any defenses thereto, including, without limitation, the
defenses of: (i) failure of consideration; (ii) breach of any other provision
of this Agreement; and (iii) availability of relief in damages.  The provisions of this Section 4.10
shall terminate with respect to any Sponsor Group upon a Qualified Public
Offering.

ARTICLE V

 

CAPITAL
CONTRIBUTIONS

 

Section 5.1.            Initial
Capital Contributions; Capital Contributions on the Date Hereof.

(a)           As
of the Initial Closing Date, subject to the terms and conditions set forth in
this Agreement, the Partnership issued and sold to each Initial Limited
Partner, and each Initial Limited Partner purchased for cash or a note the
number of Class A-1 Interests as is set forth opposite each such Person’s name
on Schedule A for the respective contribution amount or note as is set forth
opposite each such Person’s name on Schedule A.

(b)           As
of the Initial Closing Date, subject to the terms and conditions set forth in
this Agreement, the Partnership issued to the General Partner the General
Partner Interest in exchange for $1,000 contributed by the General Partner to
the Partnership.

(c)           As
of the date hereof, subject to the terms and conditions set forth in this
Agreement and any applicable Management Equity Award Agreement, (i) the
Partnership shall issue and sell to each Class A-2 Limited Partner, and
each Class A-2 Limited Partner shall purchase for cash the number of
Class A-2 Interests as is set forth opposite each such Person’s name on
the signature pages hereto for the respective contribution amount as is set
forth opposite each such Person’s name on the signature pages hereto and
(ii) the Partnership shall reserve for future issuance, pursuant to the
Restricted Equity Units, a number of Class A-2 Interests as is
designated as “Reserved” on Schedule A for the respective aggregate
hypothetical contribution amount set forth on Schedule A.

(d)           As
of the date hereof, subject to the terms and conditions set forth in this
Agreement and any applicable Management Equity Award Agreement, the Partnership
shall issue to each Class B Limited Partner, and each Class B Limited
Partner shall receive the number of Class B Interests as is set forth
opposite each such Person’s name on the signature pages hereto.

(e)           As
of the date hereof, subject to the terms and conditions set forth in this
Agreement and any applicable Management Equity Award Agreement, the Partnership
shall issue to each Class C Limited Partner, and each Class C Limited Partner
shall receive the number of Class C Interests as is set forth opposite each
such Person’s name on the signature pages hereto.

 

16

 

(f)            As
of the date hereof, subject to the terms and conditions set forth in this
Agreement and the Management Equity Award Agreement, the Partnership shall
issue to each Class D Limited Partner, and each Class D Limited Partner shall
receive the number of Class D Interests as is set forth opposite each such
Person’s name on the signature pages hereto for the respective contribution
amount as is set forth opposite each such Person’s name on the signature pages
hereto.

Section 5.2.            Additional
Contributions.  No Partner shall be
required to make any additional Capital Contribution without the consent of
such Partner.

Section 5.3.            Return
of Contributions.  Except as
otherwise provided in Article VII, (a) a Partner is not entitled to the return
of any part of its Capital Contributions or to be paid interest in respect of
either its Capital Account or its Capital Contributions, (b) an unrepaid
Capital Contribution is not a liability of the Partnership or of any Partner,
and (c) a Partner is not required to contribute or to lend any cash or property
to the Partnership to enable the Partnership to return any Partner’s Capital
Contributions.

Section 5.4.            Capital
Account.  A separate capital account
(a “Capital Account”) shall be established and maintained for each Partner.  The Capital Account of each Partner shall be
credited with such Partner’s Capital Contributions, if any, all items of income
and gain allocated to such Partner pursuant to Section 8.1 and any items of
income or gain which are specially allocated pursuant to Section 8.2; and shall
be debited with all items of loss and deduction allocated to such Partner
pursuant to Section 8.1, any items of loss or deduction of the Partnership
specially allocated to such Partner pursuant to Section 8.2, and all cash and
the Book Value of any property (net of liabilities assumed by such Partner and
the liabilities to which such property is subject) distributed by the
Partnership to such Partner.  To the
extent not provided for in the preceding sentence, the Capital Accounts of the
Partners shall be adjusted and maintained in accordance with the rules of
Treasury Regulations Section 1.704-1(b)(2)(iv), as the same may be amended or
revised.  Any references in any section
of this Agreement to the Capital Account of a Partner shall be deemed to refer
to such Capital Account as the same may be credited or debited from time to
time as set forth above.  In the event of
any transfer of any interest in the Partnership in accordance with the terms of
this Agreement, the transferee shall succeed to the Capital Account of the
transferor to the extent it relates to the transferred interest

Section 5.5.            Pre-emptive
Rights; Other Pro Rata Rights.

(a)           If
the Partnership or any of TDS Investor (Bermuda) 3 Ltd., TDS Investor (Bermuda)
2 Ltd. or TDS Investor (Bermuda) Ltd. issues or proposes to issue any Interests
or any other equity securities of such entity or any options or other rights to
acquire Interests or any other equity securities of such entity (“New
Securities”), or enters into any contracts, commitments, agreements,
understandings or arrangements of any kind relating to any issuance of any New
Securities (other than the issuance of equity securities (i) to employees and
directors of the Partnership or any of its Subsidiaries with respect to any
employee benefit plan, incentive award program or other compensation
arrangement (other than issuances to individuals who are employees of
Blackstone, TCV or OEP), (ii) to the sellers in any business combination or
acquisition by the Partnership or any of its Subsidiaries, (iii) in a public
offering of Interests or other equity securities or (iv) in connection
with an IPO Conversion (each an “Excluded

 

17

 

Issuance”)), the Partnership shall give each Partner that is a
member of a Sponsor Group the right to purchase, on the same terms including at
the same purchase price as the price for the New Securities to be issued, up to
that number of New Securities so that after the issuance of the New Securities,
such Partner would, after exercising its rights hereunder in the aggregate,
beneficially hold the same proportion of the applicable class of issued
Interests or other securities as was held by such Partner based on overall
Capital Contributions of such Partner prior to the issuance of such New
Securities; provided that, with respect to any issuance by TDS Investor
(Bermuda) 2 Ltd. or TDS Investor (Bermuda) Ltd., each Partner that is a member
of the Sponsor Group will be deemed to beneficially hold the proportion of
outstanding securities of such entity as equals the proportion of outstanding
Interests it holds.  Each Partner that is
a member of the Sponsor Group may exercise its right in the immediately preceding
sentence with respect to all or a portion of the New Securities for which it
has the right to purchase by providing written notice to the Partnership within
20 Business Days after receiving written notice of such issuance or proposed
issuance of New Securities.

(b)           If
the Partnership or any of TDS Investor (Bermuda) 3 Ltd., TDS Investor (Bermuda)
2 Ltd. or TDS Investor (Bermuda) Ltd. issues or proposes to issue any New
Securities to Blackstone, or enters into any contracts, commitments,
agreements, understandings or arrangements of any kind relating to any issuance
of any New Securities to Blackstone (other than an Excluded Issuance), the
Partnership shall give each Management Limited Partner who is an “executive
officer” (as defined in Rule 3b-7 under the Exchange Act) of such issuer
the right to purchase, on the same terms including at the same purchase price
as the price for the New Securities to be issued, up to that number of New
Securities so that after the issuance of the New Securities, such Partner
would, after exercising its rights hereunder in the aggregate, beneficially
hold the same proportion of the applicable class of issued Interests or other
securities as was held by such Management Limited Partner of Class A
Interests prior to the issuance of such New Securities (giving pro forma effect
to any Class A-2 Interests issuable under any outstanding Restricted
Equity Units); provided that, with respect to any issuance by TDS Investor
(Bermuda) 2 Ltd. or TDS Investor (Bermuda) Ltd., each Management Limited
Partner will be deemed to beneficially hold the proportion of outstanding
securities of such entity as equals the proportion of outstanding Class A
Interests it holds (giving pro forma effect to any Class A-2
Interests issuable under any outstanding Restricted Equity Units); providing
that the foregoing rights shall not apply to any Management Limited Partner who
is not an “accredited investor” under Rule 501 under the Securities
Act.  Each such Management Limited
Partner may exercise its right in the immediately preceding sentence with
respect to all or a portion of the New Securities for which it has the right to
purchase by providing written notice to the Partnership of its exercise and
evidence of its financial ability to pay the purchase price within 5 Business
Days after receiving written notice of such issuance or proposed issuance of
New Securities; provided that if less than a majority of the Percentage
Interests of Class A Interests held by such Management Limited Partners
exercise such rights, then all Management Limited Partners shall be deemed to
have waived such rights.

(c)           In
the event that the Partnership or any member of the Blackstone Group or any of
its Affiliates exercises, or is entitled to exercise, a right to acquire any
Interests (the “Repurchased Interests”) held by any other Partner, then
TCV and OEP shall have the right to acquire, on the same terms including at the
same purchase price as the price for the Repurchased Interests to be
repurchased, up to a portion of the Repurchased Interests equal to its Percentage

 

18

 

Interest
of Class A-1 Interests.  TCV
and OEP may exercise their right in the immediately preceding sentence with
respect to all or a portion of the Repurchased Interests by providing written
notice to the Partnership or the Blackstone Group, as applicable, within 20
Business Days after receiving written notice of such proposed repurchase of
Repurchased Interests.

(d)           Subject
to the terms of this Agreement, the General Partner may issue Interests hereunder
on such terms as it sees fit and any such issuance and the consequent admission
of any new Limited Partners shall not require the consent of any Limited
Partner.

ARTICLE VI

 

REPRESENTATIONS
AND WARRANTIES

 

Section 6.1.            Partners’
Representations and Warranties.  Each
Partner represents and warrants to the Partnership and the other Partners that,
as of the date hereof:

(a)           such
Partner has full power and authority to execute and deliver this Agreement and
to perform its obligations hereunder, and the execution, delivery, and
performance by such Partner of this Agreement have been duly authorized by all
necessary action;

(b)           this
Agreement has been duly and validly executed and delivered by such Partner and
constitutes the binding obligation of such Partner enforceable against such
Partner in accordance with its terms, subject to Creditors’ Rights;

(c)           the
execution, delivery, and performance by such Partner of this Agreement will
not, with or without the giving of notice or the lapse of time, or both, (i)
violate any provision of Law to which such Partner is subject, (ii) violate any
order, judgment, or decree applicable to such Partner, or (iii) conflict with,
or result in a breach or default under, any agreement or instrument to which
such Partner is a party or any term or condition of its certificate of
incorporation or by-laws, certificate of limited partnership or partnership
agreement, or certificate of formation or limited liability company agreement,
as applicable, except where such conflict, breach or default would not
reasonably be expected to, individually or in the aggregate, have an adverse
effect on such Partner’s ability to satisfy its obligations hereunder;

(d)           no
consent, approval, permit, license, order or authorization of, filing with, or
notice or other action to, with or by any Governmental Authority or any other
Person, is necessary, on the part of such Partner to perform its obligations
hereunder or to authorize the execution, delivery and performance by such
Partner of its obligations hereunder, except where such consent, approval,
permit, license, order, authorization, filing or notice would not reasonably be
expected to, individually or in the aggregate, have an adverse effect on such
Partner’s ability to satisfy its obligations hereunder or under any agreement
or other instrument to which such Partner is a party; and

(e)           such
Partner is acquiring the Interests for investment and not with a view toward
any resale or distribution thereof except in compliance with the Securities
Act; such

 

19

 

Partner
acknowledges that the Interests have not been registered pursuant to the
Securities Act and may not be transferred in the absence of such registration
or an exemption therefrom under the Securities Act; and such Partner has
sufficient knowledge and experience in financial and business matters so as to
be capable of evaluating the risks of its investment in the Interests and is
capable of bearing the economic risks of the transactions contemplated by this
Agreement, the applicable Management Equity Award Agreements and the other
agreements contemplated by this Agreement (the “Transaction Documents”).

Section 6.2.            Management
Limited Partners’ Additional Representations and Warranties.  Each Management Limited Partner further
represents and warrants to the Partnership and the Initial Limited Partners
that, as of the date hereof:

(a)           the
Management Limited Partner’s financial situation is such that such Management
Limited Partner can afford to bear the economic risk of holding the Interests
for an indefinite period of time, has adequate means for providing for the
Management Limited Partner’s current needs and personal contingencies, and can
afford to suffer a complete loss of the Management Limited Partner’s investment
in the Interests;

(b)           the
Management Limited Partner’s knowledge and experience in financial and business
matters are such that the Management Limited Partner is capable of evaluating
the merits and risks of the investment in the Interests;

(c)           the
Management Limited Partner understands that the Interests are a speculative
investment which involves a high degree of risk of loss of Management Limited
Partner’s investment therein, there are substantial restrictions on the
transferability of the Interests and, on the date on which such Management
Limited Partner acquires such Interests and for an indefinite period following
such date, there will be no public market for the Interests and, accordingly,
it may not be possible for the Management Limited Partner to liquidate the
Management Limited Partner’s investment including in case of emergency, if at
all;

(d)           the
terms of this Agreement provide that if the Management Limited Partner ceases
to provide Services to the Partnership and its Affiliates, the Partnership and
its Affiliates have the right to repurchase the Interests at a price which may
be less than the Fair Market Value thereof;

(e)           the
Management Limited Partner understands and has taken cognizance of all the risk
factors related to the purchase of the Interests and, other than as set forth
in this Agreement, no representations or warranties have been made to the
Management Limited Partner or Management Limited Partner’s representatives
concerning the Interests, the Partnership, the Partnership’s Affiliates or
their respective prospects or other matters;

(f)            the
Management Limited Partner has been given the opportunity to examine all
documents and to ask questions of, and to receive answers from, the Partnership
and its representatives concerning the Partnership and its subsidiaries, the
Transactions, this Agreement, the Partnership’s organizational documents and
the terms and conditions of the purchase of the Interests and to obtain any
additional information which the Management Limited Partner deems necessary;

 

20

 

(g)           all
information which the Management Limited Partner has provided to the
Partnership and the Partnership’s representatives concerning the Management
Limited Partner and the Management Limited Partner’s financial position is
complete and correct as of the date of this Agreement; and

(h)           the
Management Limited Partner has reviewed the default, forfeiture and mandatory
repurchase provisions of this Agreement and each Management Equity Award
Agreement entered into by it and acknowledges that (i) such Management Limited
Partner’s acceptance of such provisions is a precondition to admission as a
Management Limited Partner and (ii) such provisions are reasonable.

ARTICLE VII

 

DISTRIBUTIONS

 

Section 7.1.            Distributions.  Subject in each case to restrictions imposed
by Law, distributions to the Partners with respect to the Interests shall be
made by the Partnership as follows:

(a)           During
the term of the Partnership (including upon the dissolution and winding up of
the Partnership), cash or other property available for distribution may be
distributed from time to time as the General Partner may determine, but any
such distribution shall be made in the following order of priority:

(i)            First, to the
General Partner until the General Partner has received $1,000 pursuant to all
distributions made under this Section 7.1;

(ii)           Second, pro
rata to each holder of Class A Interests based on its Percentage Interest of
Class A Interests until such Class A Limited Partner has received an
amount equal to its Capital Contributions (except that (x) for purposes of
any Class A-2 Interests granted pursuant to Restricted Equity Units,
“Capital Contributions” shall include the hypothetical capital contributions
associated therewith less any amounts allocated or paid to the holder of the
applicable Restricted Equity Units in respect of such Restricted Equity Units
prior to delivery of the Class A Interests thereunder and (y) for
purposes of any Class A-1 Interests, “Capital Contributions” shall
be reduced, pro rata based on relative actual Capital Contributions, by the
amounts described in clause (x));

(iii)          Third, pro rata
to each holder of Class B Interests based on its Percentage Interest of
Class B Interests until such Class B Limited Partner has received an
amount equal to its Capital Contributions;

(iv)          Fourth, pro
rata to each holder of Class A Interests and Class B Interests based on
its Percentage Interest of Class A Interests and Class B Interests,
treated as a single class, until each Class A Limited Partner has received
an amount equal to 2.0 times its capital contributions pursuant to Section 5.1
(adjusted, with respect to Class A Interests,  in the manner described in the parenthetical
in Priority Second);

 

21

 

(v)           Fifth, so long
as each Class A Limited Partner has received an amount equal to 2.0 times
its capital contributions pursuant to Section 5.1, pro rata to each holder of
Class C Interests based on its Percentage Interest of Class C Interests
until such Class C Limited Partner has received an amount equal the sum of
(A) its Capital Contributions and (B) the same amount received by a
Class B Limited Partner under Priority Fourth,
proportionally based on their respective Percentage Interests of all
Class B Interests and Class C Interests;

(vi)          Sixth, so long
as each Class A Limited Partner has received an amount equal to 2.0 times
its capital contributions pursuant to Section 5.1 (adjusted, with respect to
Class A Interests,  in the manner
described in the parenthetical in Priority Second),
pro rata to each holder of Class A Interests, Class B Interests and
Class C Interests based on its Percentage Interest of Class A
Interests, Class B Interests and Class C Interests, treated as a
single class, until each Class A Limited Partner has received an amount
equal to 3.0 times its capital contributions pursuant to Section 5.1;

(vii)         Seventh, so
long as each Class A Limited Partner has received an amount equal to 3.0
times its capital contributions pursuant to Section 5.1 (adjusted, with respect
to Class A Interests,  in the manner
described in the parenthetical in Priority Second),
pro rata to each holder of Class D Interests based on its Percentage Interest of
Class D Interests until such Class D Limited Partner has received an
amount equal the sum of (A) its Capital Contributions and (B) the
same amount received by a Class C Limited Partner under Clause (B) of
Priority Fifth and Priority
Sixth, proportionally based on their respective Percentage Interests
of all Class C Interests and Class D Interests; and

(viii)        Eighth, so long
as each Class A Limited Partner has received an amount equal to 3.0 times
its capital contributions pursuant to Section 5.1 (adjusted, with respect to
Class A Interests,  in the manner
described in the parenthetical in Priority Second),
pro rata to each holder of Class A Interests, Class B Interests,
Class C Interests and Class D Interests based on its Percentage
Interest of Class A Interests, Class B Interests, Class C
Interests and Class D Interests, treated as a single class.

(b)           All
distributions made under this Section 7.1 shall be made to the Partners of
record on the record date established by the General Partner or, in the absence
of any such record date, to the Partners owning the applicable Interests on the
date of the distribution.

Section 7.2.            Tax
Distributions.  If the General
Partner reasonably determines that the taxable income of
the Partnership for a taxable year will give rise to taxable income for the
Partners (after giving effect to any net cumulative taxable
losses from prior taxable years (“Net Taxable Income”)), the
General Partner shall cause the Partnership to distribute cash available for
distribution (if any) for purposes of allowing the Partners to fund their
respective income tax liabilities (the “Tax Distributions”).  The Tax Distributions with respect to any
taxable year shall be computed based upon the General Partner’s estimate of
the Net Taxable Income, multiplied by the Applicable Tax
Percentage (the “Tax Amount”) and shall only be paid to the extent
previous distributions pursuant to Section 7.1 during such taxable year are
insufficient to cover the Tax Amount for such taxable year.  Tax Distributions shall be distributed to the
Partners on a

 

22

 

pro rata basis in accordance with their
respective participations in such taxable income, and shall be treated in all
respects as offsets against subsequent distributions pursuant to Section 7.1.

Section 7.3.            Section
83(b) Election.  Within 30 days after
acquiring any Interests (other than Class A Interests), each Management Limited
Partner shall make an election with the Internal Revenue Service (“IRS”) under
Section 83(b) of the Code (or any similar provision under other tax Laws
applicable to the Management Limited Partner) and the regulations promulgated
thereunder (an “83(b) Election”) in the form of Exhibit D attached hereto.  Each Management Limited Partner shall submit
such 83(b) Election to the IRS within 30 calendar days after acquiring the
Interests and shall promptly send a copy to the Partnership.

ARTICLE VIII

 

ALLOCATIONS

 

Section 8.1.            Allocations
of Profits and Losses.  Except as
otherwise provided in this Agreement, Profits and Losses and to the extent
necessary, individual items of income, gain or loss or deduction of the
Partnership shall be allocated in a manner such that the Capital Account of
each Partner after giving effect to the Special Allocations set forth in
Section 8.2 is, as nearly as possible, equal (proportionately) to (i) the
distributions that would be made pursuant to Section 7.1 if the Partnership
were dissolved, its affairs wound up and its assets sold for cash equal to
their Book Value, all Partnership liabilities were satisfied (limited with
respect to each non-recourse liability to the Book Value of the assets securing
such liability) and the net assets of the Partnership were distributed in
accordance with Section 7.1 to the Partners immediately after making such
allocation, minus (ii) such Partner’s share of Partner Minimum Gain and
Partner Nonrecourse Debt Minimum Gain, computed immediately prior to the
hypothetical sale of assets.

Section 8.2.            Special
Allocations.  Notwithstanding any
other provision in this Article VIII:

(a)           Minimum
Gain Chargeback.  If there is a net
decrease in Partner Minimum Gain or Partner Nonrecourse Debt Minimum Gain
(determined in accordance with the principles of Treasury Regulations Sections
1.704-2(d) and 1.704-2(i)) during any Partnership taxable year, the Partners
shall be specially allocated items of Partnership income and gain for such year
(and, if necessary, subsequent years) in an amount equal to their respective
shares of such net decrease during such year, determined pursuant to Treasury
Regulations Sections 1.704-2(g) and 1.704-2(i)(5).  The items to be so allocated shall be
determined in accordance with Treasury Regulations Section 1.704-2(f).  This Section 8.2(a) is intended to comply
with the minimum gain chargeback requirements in such Treasury Regulations
Sections and shall be interpreted consistently therewith; including that no
chargeback shall be required to the extent of the exceptions provided in
Treasury Regulations Sections 1.704-2(f) and 1.704-2(i)(4).

(b)           Qualified
Income Offset.  If any Partner
unexpectedly receives any adjustments, allocations, or distributions described
in Treasury Regulations Section 1.704-1(b)(2)(ii)(d)(4), (5) or (6), items of
Partnership income and gain shall be specially allocated to such Partner in an
amount and manner sufficient to eliminate the deficit balance in such Partner’s

 

23

 

Adjusted
Capital Account Balance created by such adjustments, allocations or distributions
as promptly as possible; provided, that an allocation pursuant to this Section
8.2(b) shall be made only to the extent that a Partner would have a deficit
Adjusted Capital Account Balance in excess of such sum after all other
allocations provided for in this Article VIII have been tentatively made as if
this Section 8.2(b) were not in this Agreement. 
This Section 8.2(b) is intended to comply with the “qualified income
offset” requirement of the Code and shall be interpreted consistently therewith.

(c)           Gross
Income Allocation.  If any Partner
has a deficit Capital Account at the end of any taxable year which is in excess
of the sum of (i) the amount such Partner is obligated to restore, if any,
pursuant to any provision of this Agreement, and (ii) the amount such Partner
is deemed to be obligated to restore pursuant to the penultimate sentences of
Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner
shall be specially allocated items of Partnership income and gain in the amount
of such excess as quickly as possible; provided, that an allocation pursuant to
this Section 8.2(c) shall be made only if and to the extent that a Partner
would have a deficit Capital Account in excess of such sum after all other
allocations provided for in this Article VIII have been tentatively made as if
Section 8.2(b) and this Section 8.2(c) were not in this Agreement.

(d)           Nonrecourse
Deductions.  Nonrecourse Deductions
shall be allocated to the Partners ratably in accordance with such Partners’
Interests.

(e)           Partner
Nonrecourse Deductions.  Partner
Nonrecourse Deductions for any taxable period shall be allocated to the Partner
who bears the economic risk of loss with respect to the liability to which such
Partner Nonrecourse Deductions are attributable in accordance with Treasury
Regulations Section 1.704-2(j).

(f)            Creditable
Foreign Taxes.  Creditable Foreign
Taxes for any taxable period attributable to the Partnership, or an entity
owned directly or indirectly by the Partnership, shall be allocated to the
Partners in proportion to the partners’ distributive shares of income
(including income allocated pursuant to Section 704(c) of the Code) to which
the Creditable Foreign Tax relates (under principles of Treasury Regulations
Section 1.904-6).  The provisions of this
Section 8.2(f) are intended to comply with the provisions of Temporary Treasury
Regulations Section 1.704-1T(b)(4)(xi), and shall be interpreted consistently
therewith.

(g)           Ameliorative
Allocations.  Any special allocations
of income or gain pursuant to Sections 8.2(b) or 8.2(c) hereof shall be taken
into account in computing subsequent allocations pursuant to Section 8.1 and
this Section 8.2(g), so that the net amount of any items so allocated and all
other items allocated to each Partner shall, to the extent possible, be equal
to the net amount that would have been allocated to each Partner if such
allocations pursuant to Sections 8.2(b) or 8.2(c) had not occurred.

Section 8.3.            Income
Tax Allocations.  For income tax
purposes, each item of income, gain, loss and deduction of the Partnership
shall be allocated among the Partners in the same manner as the corresponding
items of Profits and Losses and specially allocated items are allocated for
Capital Account purposes; provided, that in the case of any asset the
Book Value of which differs from its adjusted tax basis for U.S. federal income
tax purposes, income, gain, loss

 

24

 

and deduction with
respect to such asset shall be allocated solely for income tax purposes in
accordance with the principles of Sections 704(b) and (c) of the Code (in any
manner determined by the General Partner) so as to take account of the
difference between Book Value and adjusted basis of such asset.

ARTICLE IX

 

MANAGEMENT
OF THE PARTNERSHIP

 

Section 9.1.            Management.  

(a)           Except
as otherwise expressly provided herein, the General Partner shall have the
exclusive right to manage the business of the Partnership pursuant to the terms
of the Shareholders’ Agreement, and shall have all powers and rights necessary
or advisable to effectuate and carry out the purposes and business of the
Partnership and, in general, all powers permitted to be exercised by a general
partner under the Partnership Act (without any vote or consent of any Limited
Partner, except as expressly provided herein).

(b)           Except
as expressly authorized by the General Partner, no other Partner shall have the
power to act for, transact business on behalf of or bind the Partnership or
take part in the management of the business of the Partnership.

(c)           Subject
to the restrictions in the Shareholders’ Agreement, the General Partner shall
not be obligated to abstain from acting on any matter (or act in any particular
manner) because of any interest (or conflict of interest) of such General
Partner (or any Affiliate thereof) in such matter.

(d)           TDS
Investor (Cayman) GP Ltd. shall serve as the General Partner unless and until a
successor or substitute General Partner is appointed by the General Partner and
approved by TCV and OEP.

(e)           Subject
to the direction of the General Partner, the day-to-day administration of the
business of the Partnership may be carried out by employees and agents of the
General Partner who may be designated as officers, with titles including but
not limited to “chairman,” “vice chairman,” “managing director,” “principal,” “president,”
“vice president,” “treasurer,” “assistant treasurer,” “secretary,” “assistant
secretary,” “general manager,” “director” and “chief financial officer,” as and
to the extent authorized by the General Partner.  The officers of the General Partner shall
have such titles and powers and perform such duties as shall be determined from
time to time by the General Partner.  Any
number of offices may be held by the same Person.

(f)            Each
Partner agrees that, except as otherwise expressly provided herein and to the
fullest extent permitted by applicable law, any action of or relating to the
Partnership by the General Partner as provided herein shall bind each Partner.

Section 9.2.            Reliance
by Third Parties.  Notwithstanding
any other provision of this Agreement to the contrary, any Person dealing with
the Partnership shall be entitled to rely exclusively on the representations of
the General Partner as to its power and authority to enter

 

25

 

into arrangements and
shall be entitled to deal with the General Partner as if it were the sole party
in interest therein, both legally and beneficially.  In no event shall any Person dealing with the
General Partner or the General Partner’s representative with respect to any
business or property of the Partnership be obligated to ascertain that the
terms of this Agreement have been complied with, or be obligated to inquire
into the necessity or expedience of any act or action of the General Partner or
the General Partner’s representative; and every Contract or other document
executed by the General Partner or the General Partner’s representative with
respect to any business or property of the Partnership shall be conclusive
evidence in favor of any and every Person relying thereon or claiming
thereunder that (a) at the time of the execution and/or delivery thereof this
Agreement was in full force and effect, (b) such instrument or document was
duly executed in accordance with the terms and provisions of this Agreement and
is binding upon the Partnership and (c) the General Partner or the General
Partner’s representative was duly authorized and empowered to execute and
deliver any and every such instrument or document for and on behalf of the
Partnership.

Section 9.3.            Compensation
and Reimbursement of General Partner.

(a)           Except
as provided in this Section 9.3 or otherwise in this Agreement, the General
Partner shall not be compensated for its services as general partner of the
Partnership.

(b)           The
General Partner shall be reimbursed for all expenses, disbursements and
advances incurred or made on behalf of the Partnership, and other expenses
necessary or appropriate to the conduct of the Partnership’s business and
allocable to the Partnership.

Section 9.4.            Certain
Duties and Obligations of the Partners; Exculpation; Indemnity.

(a)           No
Partner shall take, or cause to be taken, any action that would result in any
other Partner having any personal liability for the obligations of the
Partnership.

(b)           To
the fullest extent permitted by applicable law, no Partner or any Affiliate of
any Partner or their respective members, officers, directors, employees,
agents, stockholders or partners nor any Person who serves at the specific
request of the General Partner on behalf of the Partnership as a partner,
member, officer, director, employee or agent of any other entity (each, an “Indemnitee”)
will be liable to the Partnership or to any Partner for any act performed or
omission made by such Person in connection with this Agreement or the matters
contemplated herein, unless such act or omission resulted from Gross
Negligence, fraud, a willful breach of this Agreement or a willful illegal act.  To the extent that an Indemnitee has, at law
or in equity, duties and liabilities relating to the Partnership, any Limited
Partner or any other Person bound by the terms of this Agreement, such
Indemnitee, acting in accordance with this Agreement shall not, to the maximum
extent permitted under applicable law, be liable to the Partnership or to any
such Limited Partner or other Person for its good faith reliance on the
provisions of this Agreement.   To the
extent that, at law or in equity, the General Partner has duties (including
fiduciary duties) and liabilities relating thereto to the Partnership or to
another Partner, the General Partner acting under the Agreement shall not be
liable to the Partnership or to any such other Partner for its good faith
reliance on the provisions of this Agreement. 
The provisions of this Agreement, to the extent that they expand or
restrict the duties and liabilities of

 

26

 

the
General Partner otherwise existing at law or in equity, are agreed by the
Partners to be modified to the extent of such other duties and liabilities of
the General Partner.

(c)           To the maximum extent permitted under
applicable law, whenever an Indemnitee is permitted or required to make a
decision or take an action or omit to do any of the foregoing: (i) in its “sole
discretion” or “discretion” or under a similar grant of authority or latitude
or without an express standard of behavior (including, without limitation,
standards such as “reasonable” or “good faith”), such Indemnitee shall be
entitled to consider only such interests and factors, including its own, as it
desires, and shall have no duty or obligation to consider any other interests
or factors whatsoever, or (ii) with an express standard of behavior (including,
without limitation, standards such as “reasonable” or “good faith”), then the
Indemnitee shall comply with such express standard but, to the maximum extent
permitted under applicable law, shall not be subject to any other or additional
standard imposed by this Agreement or applicable law.

(d)           Each
Indemnitee may consult with legal counsel, financial advisors and accountants
selected by it and any act or omission suffered or taken by it on behalf of the
Partnership or in furtherance of the interests of the Partnership in good faith
in reliance upon and in accordance with the advice of such counsel, financial
advisors or accountants will be full justification for any such act or
omission, and each such Indemnitee will be fully protected in so acting or omitting
to act, provided that such counsel, financial advisors or accountants
were selected with reasonable care.

(e)           The
Partnership shall, to the fullest extent permitted by law, indemnify and hold
harmless any Indemnitee (and their respective heirs and legal and personal
representatives) who was or is a party, or is threatened to be made a party, to
any threatened, pending or completed action, suit or proceeding, whether civil,
criminal, administrative or investigative (including any action by or in the right
of the Partnership), by reason of any actions or omissions or alleged acts or
omissions arising out of such Person’s activities either on behalf of the
Partnership or in furtherance of the interests of the Partnership or arising
out of or in connection with the Partnership, against all claims, liabilities,
damages, losses, costs and expenses (including amounts paid in satisfaction of
judgments, in compromises and settlements, as fines and penalties and legal or
other costs and reasonable expenses of investigating or defending against any
claim or alleged claim) of any nature whatsoever, known or unknown, liquidated
or unliquidated, that are incurred by any Indemnitee and arise out of or in
connection with such action, suit or proceeding; provided,
that such Person was not guilty of Gross Negligence, fraud, a willful breach of
this Agreement or a willful illegal act; provided further,
that any Person entitled to indemnification from the Partnership hereunder
shall first seek recovery under any other indemnity or any insurance policies
by which such Person is indemnified or covered, as the case may be, but only to
the extent that the indemnitor with respect to such indemnity or the insurer
with respect to such insurance policy provides (or acknowledges its obligation
to provide) such indemnity or coverage on a timely basis, as the case may be,
and, if such Person is other than the General Partner, such Person shall obtain
the written consent of the General Partner prior to entering into any
compromise or settlement which would result in an obligation of the Partnership
to indemnify such Person.  The General
Partner shall have the Partnership purchase, at the Partnership’s expense,
insurance to insure the Partnership and the Partners against liability in
connection with the activities of the Partnership.

 

27

 

(f)            The
right to indemnification conferred in this Section 9.4 shall include the right
to be paid or reimbursed by the Partnership the expenses incurred by a Person
of the type entitled to be indemnified under Section 9.4(c) who was, is or is
threatened to be made a named defendant or respondent in a proceeding in
advance of the final disposition of the proceeding and without any
determination as to the Person’s ultimate entitlement to indemnification.  Such expenses shall, at the request of the
Person entitled to be indemnified under Section 9.4(c), be advanced by the
Partnership on behalf of such Person in advance of the final disposition of a
proceeding so long as such Person shall have provided the Partnership with a
written undertaking, by or on behalf of such Person, to repay all amounts so
advanced if it shall ultimately be determined that such indemnified Person is
not entitled to be indemnified under this Section 9.4 or otherwise.

(g)           The
right of any Indemnitee to the indemnification provided herein is cumulative
of, and in addition to, any and all rights to which such Indemnitee may
otherwise be entitled by contract or as a matter of law or equity, and extend
to such Indemnitee’s successors, assigns and legal representatives.

Section 9.5.            No
Recourse Agreement.  Neither the
Partnership nor any of its Subsidiaries shall enter into any agreement which
shall provide for recourse to any Limited Partner or, without its consent, the
General Partner.  No recourse to (a) any
assets or properties of any members, partners or shareholders of any Limited
Partner (or any person that controls such member, partner or shareholder within
the meaning of Section 15 of the Securities Act or Section 20 of the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder (the “Exchange Act”)), (b) any Affiliate of any Limited Partner or
(c) any incorporators, officers, directors, partners, members or employees of
any Limited Partner shall be had and no judgment relating to the obligations of
any Limited Partner under this Agreement or the Transaction Documents (except
to the extent any such Person expressly is individually liable thereunder) or for
any payment obligations under this Agreement or the Transaction Documents
(except to the extent any such Person expressly is individually liable
thereunder), or any part thereof, or for any claim based thereon or otherwise
in respect thereof or related thereto, shall be obtainable by the Partnership
or any Partner against any direct or indirect member, partner, shareholder,
incorporator, employee or Affiliate, past, present or future, of any Limited
Partner.

ARTICLE X

 

RIGHTS
AND OBLIGATIONS OF LIMITED PARTNERS

 

Section 10.1           Limitation
of Liability.  No Limited Partner, in
such capacity, shall have any liability under this Agreement, or for the debts,
liabilities or obligations of the Partnership, except as provided in the
Partnership Act.

Section 10.2.          Management
of the Business.  No Limited Partner
(other than the General Partner or its directors, managers, partners, officers,
employees or agents in their capacity as such, if such Person shall also be a
Limited Partner) shall take part in the operation, management or control of the
Partnership’s name or have the power to sign documents for or otherwise bind
the Partnership.  The transaction of any
business by a General Partner or any

 

28

 

director, manager,
partner, officer, employee or agent of a General Partner in its capacity as
such shall not affect, impair or eliminate the limitations on the liability of
any Limited Partner under this Agreement.

Section 10.3.          Outside
Activities.  (i) The TCV Group, the Blackstone
Group, the OEP Group, any partner, member, officer, director, employee or
Affiliate of the foregoing may engage in or possess any interest in other
investments, business ventures or Persons of any nature or description,
independently or with others, similar or dissimilar to, or that competes with,
the investments or business of the Partnership and its Subsidiaries, and may
provide advice and other assistance to any such investment, business venture or
Person, (ii) the Partnership and the Partners shall have no rights by virtue of
this Agreement in and to such investments, business ventures or Persons or the
income or profits derived therefrom, and (iii) the pursuit of any such
investment or venture, even if competitive with the business of the Partnership
and its Subsidiaries, shall not be deemed wrongful or improper.  None of the TCV Group, the Blackstone Group,
the OEP Group, any partner, member, officer, director, employee or Affiliate of
the foregoing shall be obligated to present any particular investment or
business opportunity to the Partnership even if such opportunity is of a
character that, if presented to the Partnership, could be pursued by the
Partnership, and the TCV Group, the Blackstone Group, the OEP Group, and any
partner, member, officer, director, employee or Affiliate of the foregoing
shall have the right to pursue for its own account (individually or as a
partner or a fiduciary) or to recommend to any other Person any such investment
opportunity.  Nothing in this Section
10.3 as it relates to any partner, member, officer, director or employee of any
such Person shall limit the obligations of such partner, member, officer,
director or employee of any such Person under any other agreements (including
any employment agreements) with the Partnership or its Subsidiaries or under
any policy of the Partnership or its Subsidiaries to which such partner,
member, officer, director or employee may be subject from time to time.

ARTICLE XI

 

TAXES

 

Section 11.1.          Tax
Matters Partner.  The General Partner
shall be the initial “tax matters partner” within the meaning of Section
6231(a)(7) of the Code (the “Tax Matters Partner”).  The Tax Matters Partner shall determine in
its reasonable discretion the appropriate treatment of each item of income, gain,
loss, deduction and credit of the Partnership and the accounting methods and
conventions under the tax laws of the United States, the several states and
other relevant jurisdictions as to the treatment of any such item or any other
method or procedure related to the preparation of such tax returns.  The Tax Matters Partner shall have all of the
rights, duties, powers and obligations provided for in Sections 6221 through
6232 of the Code.  The Partnership
intends to file as a partnership for U.S. federal, state and local income tax
purposes, except where otherwise required by Law.  All elections required or permitted to be
made by the Partnership, and all other tax decisions and determinations
relating to U.S. federal, state or local tax matters of the Partnership, shall
be made by the Tax Matters Partner, in consultation with the Partnership’s
attorneys and/or accountants.  As
appropriate, the Tax Matters Partner shall prepare a schedule allocating basis
to all the assets of the Partnership under Code Sections 755 and 1060.  Tax audits, controversies and litigations
shall be conducted under the direction of the Tax Matters Partner. As soon as
reasonably practicable after the end of each

 

29

 

taxable year but not
later than 75 days after the end of each taxable year, the Partnership shall
send to each Partner a copy of U.S. Internal Revenue Service Schedule K-1, and
any comparable statements required by applicable state or local income tax Law,
with respect to such taxable year. The Partnership also shall provide the
Partners with such other information as may be reasonably requested for
purposes of allowing the Partners to prepare and file their own tax
returns.  The Partnership shall bear the
cost of the preparation and filing of its tax returns with respect to the
Partnership and its Subsidiaries, but shall not bear any additional costs
related primarily to any specific Partner. 
The Tax Matters Partner shall inform each other Partner of all
significant matters that may come to its attention in its capacity as Tax
Matters Partner by giving notice thereof as soon as reasonably practicable
after becoming aware thereof and, within that time, shall forward to each other
Partner copies of all significant written communications it may receive in that
capacity.

Section 11.2.          Information
Rights.

(a)             The Partnership agrees to
provide to the Class A-1 Limited Partners such information as the Class A-1
Limited Partners reasonably request from time to time in order to (i) permit
the Class A-1 Limited Partners to comply with any applicable information
reporting obligations resulting from the Class A-1 Limited Partners’ investment
in the Partnership and (ii) determine whether any majority-owned Subsidiary of
the Partnership (based on vote or value) is or has been, or the consequences to
the applicable Class A-1 Limited Partners, as the case may be, if any
Subsidiary of the Partnership becomes, a “passive foreign investment company,”
a “controlled foreign corporation,” a corporation whose income is required to
be taken into account by the Class A-1 Limited Partners, and, at the request of
the Class A-1 Limited Partners, cooperate with the Class A-1 Limited Partners
in making, or permitting the applicable Class A-1 Limited Partners to make, any
election permitted under the Code that does not have a material adverse tax
effect to the other Partners.  The
Partnership shall also use reasonable commercial efforts to provide such
information as the Class A-1 Limited Partners reasonably request for the
foregoing purposes with respect to minority-owned Subsidiaries of the
Partnership.

(b)           The
Partnership shall use good faith reasonable efforts to provide, at its expense,
to OEP (i) the financial and tax information necessary to enable OEP to
determine its (and its beneficial owners’) US taxable income (if any)
(including gross income required to be recognized under Section 951 of the
Code) derived from its investment for the applicable tax year (beginning with
the 2006 tax year, but only if, in the reasonable determination of OEP, any of
the beneficial owners of OEP qualifies as a “United States shareholder” of the
Partnership, as defined in Section 951(b) of the Code) and foreign tax credits
no later than May 31 of each year and (ii) any information required to be
included in US federal income tax returns, forms, statements and related
disclosures that are required to be filed by or on behalf of OEP and its
respective beneficial owners with respect to its investment no later than June
30 of each year.  The Partnership shall
also (A) make a determination each year, at its expense, of whether the
Partnership or any of its direct or indirect subsidiaries qualify as “passive
foreign investment companies” within the meaning of Section 1297 of the Code
for the taxable year and, if relevant, (B) use good faith reasonable efforts to
(I) communicate the determination to OEP in writing no later than May 31 of the
succeeding year and (II) provide OEP with the information described in the
preceding sentence.  The Partnership
shall consider and use commercially reasonable efforts to implement (at OEP’s
expense) proposals by OEP to enhance the tax position of its affiliates in

 

30

 

connection
with its investment in the Partnership, provided that the proposals are not
disadvantageous to the Partnership (or any of its beneficial owners) or the
Partnership or any of its direct or indirect subsidiaries (determined at the
sole discretion of the GP).

Section 11.3.          Tax
Withholding.  To the extent the Partnership is required by
law to withhold or to make tax payments on behalf of or with respect to any
Partner (“Tax Advances”), the Partnership may withhold such amounts and
make such tax payments as so required. 
All Tax Advances made on behalf of a Partner shall be repaid by reducing
the amount of the current or next succeeding distribution or distributions
which would otherwise have been made to such Partner or, if such distributions
are not sufficient for that purpose, by so reducing the proceeds of liquidation
otherwise payable to such Partner.  If a
distribution to a Partner is actually reduced as a result of a Tax Advance, for
all other purposes of this Agreement such Partner shall be treated as having
received the amount of the distribution that is reduced by the Tax
Advance.  Each Partner hereby agrees to
indemnify and hold harmless the Partnership and the other Partners from and
against any liability (including, without limitation, any liability for taxes,
penalties, additions to tax or interest) with respect to income attributable to
or distributions or other payments to such Partner.

ARTICLE XII

 

MANAGEMENT
LIMITED PARTNERS

 

Section 12.1.          Vested
Interests and Unvested Interests; Forfeiture of Unvested Interests.

(a)           Management
Interests shall be held subject to the terms and conditions of a Management
Equity Award Agreement which will include vesting conditions applicable to such
Interests.

(b)           Except
as otherwise provided in a Management Equity Award Agreement, if a Management
Limited Partner’s Services to the Partnership and its Subsidiaries terminate
for Cause (as defined in the applicable Management Equity Award Agreement), all
outstanding Management Interests held by such Management Limited Partner
(including both Unvested Interests and Vested Interests) shall be forfeited
without consideration.

(c)           Except
as otherwise provided in a Management Equity Award Agreement, if a Management
Limited Partner’s Services to the Partnership and its Subsidiaries terminate for
any reason other as described in clause (b) above (including death or
Disability (as defined in the applicable Management Equity Award Agreement)),
all outstanding Management Interests held by such Management Limited Partner
that are Unvested Interests shall be forfeited without consideration.

Section 12.2.          Call
Rights.

(a)           Except
as otherwise provided in a Management Equity Award Agreement, if a Management
Limited Partner’s Services to the Partnership and its Subsidiaries terminate
for any reason (including death or Disability) (a “Termination Event”),
the Partnership shall have the

 

31

 

right
but not the obligation to purchase, from time to time after such Termination
Event, for a period of 200 days following the later of (x) the Termination
Event and (y) with respect to Management Interests which are Vested Interests,
the date such Management Interests become Vested Interests (the “Call Option
Period”), the Management Interests held by such Management Limited
Partner.  To exercise such purchase right
with respect to a Management Limited Partner, the Partnership shall deliver to
such Management Limited Partner prior to the expiration of the Call Option
Period a written notice specifying the number and class of Interests with
respect to which the Partnership has elected to exercise such purchase right,
whereupon such Management Limited Partner shall be required to sell to the
Partnership, the Management Interests specified in such notice, at a price per
Management Interest equal to the applicable purchase price determined pursuant
to Section 12.2(c).

(b)           If
upon expiration of the Call Option Period, the Partnership has not purchased
all of a terminated Management Limited Partner’s Management Interests which are
Vested Interests, the Partnership shall on or before the expiration of the Call
Option Period provide written notice to each Partner that is a member of a
Sponsor Group (collectively, the “Other Partners”) of (i) its decision
not to purchase some or all of such Management Interests and (ii) the number
and class of such Management Interests which the Partnership did not elect to
purchase, and the Other Partners shall have the right to purchase all or a
portion of such remaining Management Interests which are Vested Interests at a
price per Management Interest equal to the applicable purchase price determined
pursuant to Section 12.2(c).  The Other
Partners’ rights to purchase such Management Interests and such Management
Limited Partner’s corresponding obligation to sell such Management Interests
shall terminate on the 60th day following the expiration of the Call Option
Period.  Each of the Other Partners that
elects to exercise such purchase right shall provide written notice to the
Partnership prior to the 60th  day following the expiration of the
Call Option Period specifying that the number of such Management Interests it
wishes to purchase (and, if the aggregate number of Equity Incentives Interests
specified in such notices exceeds the number of Management Interests available,
the number of Management Interests which each Other Partner shall be entitled
to purchase shall be reallocated in proportion to each such Other Partner’s
Ownership Percentage). Upon receipt of the Other Partners’ notices, the Partnership
will notify such Management Limited Partners of the Other Partners’ elections
and such Management Limited Partner will be obligated to sell to the Other
Partners the number of such Management Interests determined in accordance with
this Section 12.2(b).

(c)           Call
Values.  Except as otherwise provided
in a Management Equity Award Agreement:

(i)            Unvested Interests; Any
Termination.  Upon a
termination of a Management Limited Partner’s Services to the Partnership and
its Subsidiaries for any reason (including death or Disability), the purchase
price for the Management Interests which are Unvested Interests, to the extent
the forfeiture provisions set forth in Section 12.1(b) do not apply or are
not enforceable, will be $1 in the aggregate (or the lowest price permitted by
applicable Law).

(ii)           Vested Interests; Cause
Termination.  Upon a
termination of a Management Limited Partner’s Services by the Partnership and
its Subsidiaries for Cause

 

32

 

(as defined in the
applicable Management Equity Award Agreement), the purchase price for the
Management Interests, to the extent the forfeiture provisions set forth in
Section 12.1(b) do not apply or are not enforceable, will be $1 in the
aggregate (or the lowest price permitted by applicable Law).

(iii)          Vested Interests; Other
Termination.  Upon a
termination of a Management Limited Partner’s Services to the Partnership and
its Subsidiaries for any reason other than a termination by the Partnership or
its Subsidiaries for Cause (as defined in the applicable Management Equity
Award Agreement), the purchase price for the Management Interests which are
Vested Interests will be Fair Market Value (determined pursuant to Section 12.4
and, in the case of a purchase by the Partnership pursuant to Section 12.2(a),
as of the date on which the Partnership exercised its call right pursuant to
Section 12.2(a) or, in the case of a purchase by any Other Partner pursuant to
Section 12.2(b), as of the 60th day following the expiration of the applicable
Call Option Period (such date, the “Price Determination Date”)).

(d)           The
closing of the purchase of the Management Interests pursuant to Section 12.2(a)
or 12.2(b) shall occur at such time and place as the parties to such purchase
shall agree, and in any event within 45 days of the Price Determination Date; provided
that if such purchase is subject to any prior regulatory approval, then such
45-day period shall be extended until the expiration of 10 Business Days after
all such approvals shall have been received. 
At such closing, the Management Limited Partner shall deliver
certificates representing the Management Interests (or other applicable
transfer instruments), duly endorsed for transfer and accompanied by all
requisite transfer taxes, if any, and such Management Interests shall be free
and clear of any liens, and the transferring Management Limited Partner shall
so represent and warrant, and shall further represent and warrant that it is
the sole beneficial and record owner of such Management Interests with the full
right, power and authority to convey the Management Interests to the
purchaser.  At such closing, all of the
parties to the transaction shall execute such additional documents as are otherwise
necessary or appropriate.  The Management
Interests may be purchased (i) by delivery of funds deposited into an
account designated by the Management Limited Partner selling such Management
Interests, a bank cashier’s check, a certified check or a company check of the
purchaser for the purchase price, (ii) if the purchaser is the Partnership
and it or its Subsidiaries are prohibited from paying cash by any financing
arrangements of the Partnership and unable to pay the purchase price in shares
as described in clause (iii) below, by a note of the Partnership payable in
installments over a period of up to five (5) years from the date of issuance of
such note, having a principal amount equal to the applicable purchase price,
bearing interest at a market borrowing rate for similarly situated companies of
similar credit quality in effect from time to time (which note shall be a
general, senior unsecured obligation of the Partnership or a Subsidiary of the
Partnership that holds all or substantially all of the assets of the
Partnership), or (iii) if a Qualified Public Offering has occurred, by delivery
of a number of shares of the IPO Corporation equal to the aggregate purchase
price of the Management Interests being purchased divided by the closing price
on the applicable exchange on which such share trade as of the trading day
immediately prior to the day of delivery thereof to the Management Limited
Partner, rounded down to the nearest whole number of shares.  The Partnership shall notify the Management
Limited Partners in writing of the method by which it has elected to purchase
the Management Interests at least 3 Business Days prior to the closing of such
purchase.  The parties hereto acknowledge
that the Partnership may be unable to pay with Shares

 

33

 

to
the extent it is unable to deliver such securities pursuant to an exemption
from registration under the Securities Act and any applicable state securities
laws or pursuant to a registration statement on Form S-3 or Form S-8.

(e)           Notwithstanding
anything to the contrary elsewhere herein, the Partnership shall not be
obligated to purchase any Management Interests at any time pursuant to this
Section 12.2, regardless of whether it has delivered a notice of its election
to purchase any such Management Interests, (i) to the extent that (A) the
purchase of such Management Interests (together with any other purchases of
Management Interests pursuant to this Article XII, or pursuant to similar
provisions in any other agreements with other investors, of which the
Partnership has at such time been given or has given notice) or (B) in the
event of an election to purchase such Management Interests with shares of the
IPO Corporation, the issuance of such shares by the IPO Corporation or the
distribution of such shares of the IPO Corporation to the applicable Management
Limited Partner(s) would result (x) in a violation of any Law (including
any unavailability of a registration statement or exemption from registration
necessary to allow delivery of shares to the applicable Management Limited
Partner(s)), (y) after giving effect thereto (including any dividends or
other distributions or loans from a Subsidiary of the Partnership to the
Partnership in connection therewith), in a default or event of default under
any financing agreement of the Partnership or its Subsidiaries (a “Financing
Default”) or (z) in the Partnership being required to disgorge any profit to
the IPO Corporation pursuant to Section 16(b) of the Exchange Act, (ii) if
immediately prior to such purchase of Management Interests, issuance or
purchase of shares of the IPO Corporation, as the case may be, there exists a
Financing Default which prohibits such issuance or purchase (including any
dividends or other distributions or loans from a Subsidiary of the Partnership
to the Partnership in connection therewith), or (iii) if the Partnership
does not have funds available to effect such purchase of Management
Interests.  The Partnership shall within
15 days of learning of any such fact so notify the Members in writing that it
is not obligated to purchase such Management Interests, whereupon Sections
12.2(b) and 12.2(c) shall apply to such Management Interests as if the
Partnership had never delivered a notice electing to purchase such Management
Interests (except that each reference to “the 60th day following the expiration
of the Call Option Period” in Section 12.2(b) shall be deemed a reference to “the
60th day following the delivery by the Partnership of the notice referred to in
Section 12.2(e)” and the definition of “Price Determination Date” shall be
deemed modified in a corresponding manner). 
Notwithstanding the foregoing, the Partnership shall use reasonable
efforts to cause its Subsidiaries to distribute cash necessary to satisfy its
obligations in respect of Section 12.2(d) and Section 12.2(e).

Section 12.3.          Put
Rights.

(a)           Except
as otherwise provided in a Management Equity Award Agreement, if a Management
Limited Partner’s Services to the Partnership and its Subsidiaries terminate as
a result of death of Disability (a “Put Termination Event”), the
Management Limited Partner (or its estate or heirs) shall have the right but
not the obligation to require the Partnership to purchase, from time to time
after such Put Termination Event, for a period of 200 days following the later
of (x) Put Termination Event and (y) with respect to Management Interests which
are Vested Interests, the date such Management Interests become Vested
Interests (the “Put Option Period”), all (but not less than all) of the
Management Interests held by such Management Limited Partner; provided that the
General Partner may require that the exercise be delayed until the 181st
day

 

34

 

following
the later of the Put Termination Event and the date such Management Interests
become Vested Interests if deferring such exercise would avoid an adverse
accounting impact to the Partnership or its Subsidiaries.  To exercise such purchase right, the
Management Limited Partner (or its estate or heirs) shall deliver to the
Partnership prior to the expiration of the Put Option Period a written notice
specifying its election to exercise its rights under this Section 12.3,
whereupon such Management Limited Partner (or its estate or heirs) shall be
required to sell to the Partnership all of its Management Interests, at a price
per Management Interest equal to the applicable purchase price determined
pursuant to Section 12.2(c).

(b)           The
closing of the purchase of the Management Interests pursuant to Section 12.3(a)
shall occur at such time and place as the parties to such purchase shall agree,
and in any event within 45 days of the Price Determination Date; provided
that if such purchase is subject to any prior regulatory approval, then such
45-day period shall be extended until the expiration of 10 Business Days after
all such approvals shall have been received. 
At such closing, the Management Limited Partner (or its estate or heirs)
shall deliver certificates representing the Management Interests (or other
applicable transfer instruments), duly endorsed for transfer and accompanied by
all requisite transfer taxes, if any, and such Management Interests shall be
free and clear of any liens, and the transferring Management Limited Partner
(or its estate or heirs) shall so represent and warrant, and shall further
represent and warrant that it is the sole beneficial and record owner of such
Management Interests with the full right, power and authority to convey the
Management Interests to the Partnership. 
At such closing, all of the parties to the transaction shall execute
such additional documents as are otherwise necessary or appropriate.  The Management Interests may be purchased
through any of the means described in, and subject to the terms and conditions
of, Section 12.2(d).

(c)           Notwithstanding
anything to the contrary elsewhere herein, the Partnership shall not be
obligated to purchase any Management Interests at any time pursuant to this
Section 12.3 (i) to the extent that (A) the purchase of such Management
Interests (together with any other purchases of Management Interests pursuant
to this Article XII, or pursuant to similar provisions in any other
agreements with other investors, of which the Partnership has at such time been
given or has given notice) or (B) in the event of an election to purchase such
Management Interests with shares of the IPO Corporation, the issuance of such
shares by the IPO Corporation or the distribution of such shares of the IPO
Corporation to the applicable Management Limited Partner(s) would result
(x) in a violation of any Law (including any unavailability of a
registration statement or exemption from registration necessary to allow
delivery of shares to the applicable Management Limited Partner(s)),
(y) after giving effect thereto (including any dividends or other
distributions or loans from a Subsidiary of the Partnership to the Partnership
in connection therewith), in a Financing Default or (z) in the Partnership
being required to disgorge any profit to the IPO Corporation pursuant to
Section 16(b) of the Exchange Act, (ii) if immediately prior to such
purchase of Management Interests, issuance or purchase of shares of the IPO
Corporation, as the case may be, there exists a Financing Default which
prohibits such issuance or purchase (including any dividends or other
distributions or loans from a Subsidiary of the Partnership to the Partnership
in connection therewith), or (iii) if the Partnership does not have funds
available to effect such purchase of Management Interests.  The Partnership shall within 15 days of
learning of any such fact so notify the Members in writing that it is not
obligated to purchase such Management Interests, whereupon Sections 12.3(b) and
12.3(c) shall apply to such Management Interests as if the

 

35

 

Management
Limited Partner (or its estate or heirs) had never delivered a notice electing
to require the Partnership to purchase such Management Interests.  Notwithstanding the foregoing, the
Partnership shall use reasonable efforts to cause its Subsidiaries to
distribute cash necessary to satisfy its obligations in respect of
Section 12.3.

(d)           The
provisions of this Section 12.3 shall terminate upon a Qualified Public
Offering.

Section 12.4           Fair
Market Value.  “Fair Market Value”
for the Management Interests to be purchased under Section 12.2 or Section 12.3
will mean (i) if there is a public market for the Interests or shares of IPO
Corporation on such date, the value for such Management Interests implied by
the average of the high and low closing bid prices of such Interests or shares
on the stock exchange on which the equity is principally trading or (ii) if
there is no public market for the equity on such date, the value for such
Management Interests implied by an enterprise value for the Partnership of 7.5
times the trailing 12 months’ EBITDA, as determined by the General Partner in
good faith in consultation with the Chief Executive Officer and Chief Financial
Officer of the Partnership’s principal operating Subsidiary.

Section 12.5.          Voting;
Power of Attorney.

(a)           Except
as otherwise provided herein or in the Partnership Act, only the holders of
Class A Interests will be entitled to vote on any matters requiring a vote,
consent or other action of the Limited Partners.  Any action shall be authorized if the
affirmative vote of the holders of a majority of the Class A Interests present
at a meeting at which a quorum is present shall be obtained.  Prior to the Lapse Date, to the extent any
class of Interests is required or eligible to vote with respect to any matter
(including Class A Interests or any other class), each Management Limited
Partner shall vote all of its eligible Management Interests in any manner
directed by the General Partner.

(b)           Each
Management Limited Partner hereby constitutes and appoints the General Partner
(and any member of the board of directors of the General Partner acting at the
direction of a valid majority of such board), with full power of substitution,
as such Person’s true and lawful agent and attorney in fact, with full power
and authority in such Person’s name, place and stead, (i) to, prior to the
Lapse Date, vote for or against in respect of any matter pursuant to which such
Management Limited Partner is eligible to vote its Interests and (ii) to
execute, swear to, acknowledge, deliver, file and record in the appropriate
public offices (A) this Agreement, all certificates and other instruments and
all amendments thereof in accordance with the terms hereof which the General Partner
or such member deems appropriate or necessary to form, qualify, or continue the
qualification of, the Partnership as a limited partnership in the Cayman
Islands and in all other jurisdictions in which the Partnership may conduct
business or own property; (B) all instruments which the General Partner or such
member deems appropriate or necessary to reflect any amendment, change,
modification or restatement of this Agreement in accordance with its terms; (C)
all conveyances and other instruments or documents which the General Partner or
such member deems appropriate or necessary to reflect the dissolution of the
pursuant to the terms of this Agreement, including a certificate of
cancellation; and (D) all instruments relating to the admission, withdrawal or
substitution of any Partner pursuant to the terms hereof.  The foregoing power of attorney is irrevocably
given by way of securing such

 

36

 

Management
Limited Partner’s obligations hereunder, and shall survive and not be affected
by the death, disability, incapacity, dissolution, bankruptcy, insolvency or
termination of any Management Limited Partner and the Disposition of all or any
portion of such Management Limited Partner’s Interests and shall extend to such
Management Limited Partner’s heirs, successors, assigns and personal
representatives.

ARTICLE XIII

 

BOOKS
AND BANK ACCOUNTS

 

Section 13.1.          Maintenance
of Books.  The General Partner shall
keep or cause to be kept at the Partnership’s principal place of business
complete and accurate books and records of the Partnership and supporting
documentation of the transactions with respect to the conduct of the
Partnership’s business.  The Partnership’s
financial books and records shall be maintained on a full cost accounting basis
unless otherwise agreed by the General Partner. 
The records shall include, but not be limited to, complete and accurate
information regarding the state of the business and financial condition of the
Partnership; a copy of this Agreement and all amendments thereto; the current
list of the names and last known business, residence, or mailing addresses of
all Partners; and the Partnership’s U.S. federal, state, and local tax returns
for the Partnership’s six most recent tax years.

Section 13.2.          Accounts.  The General Partner shall maintain a register
of the Partners’ interests in the Partnership at the registered office of the
Partnership, setting forth the name and address of each Partner, the amount and
date of each Capital Contribution by a Partner and the amount and date of any
payment representing a return of any part of the contribution of any Partner
and shall maintain a register of mortgages created by the Limited Partners over
their interest in the Partnership at the registered office of the Partnership
in accordance with Section 7(7)(b) of the Partnership Act.

ARTICLE XIV

 

DISSOLUTION,
WINDING-UP AND TERMINATION

 

Section 14.1.          Dissolution
of the Partnership.

(a)           The
Partnership shall be dissolved, and its affairs shall be wound up and a Section
15 Notice of Dissolution shall be filed with the Registrar pursuant to the
Partnership Act upon the first to occur of the following (each a “Dissolution
Event”): (i) the General Partner determines to dissolve the Partnership,
(ii) at any time when there are no Limited Partners or (iii) the entry of a
decree of judicial dissolution of the Partnership under the Partnership
Act.  The dissolution, resignation,
expulsion or bankruptcy of any Limited Partner or, save as provided below, the
General Partner, shall not cause the dissolution of the Partnership.

(b)           The removal, withdrawal, bankruptcy, insolvency,
termination or dissolution of the last remaining General Partner of the
Partnership being either an individual resident in the Cayman Islands or a
company registered under the Companies Law (as revised) of the

 

37

 

Cayman Islands or registered pursuant to Part IX of the
Companies Law (as revised) of the Cayman Islands or a partnership registered pursuant
to section 9(1) of the Partnership Act shall dissolve the partnership unless
the Limited Partners unanimously agree to continue the Partnership and appoint
a new General Partner who is either an individual resident in the Cayman
Islands or a company registered under the Companies Law (as revised) of the
Cayman Islands or registered pursuant to Part IX of the Companies Law (as
revised) of the Cayman Islands or a partnership registered pursuant to section
9(1) of the Partnership Act within 90 days thereof.

Section 14.2.          Winding-up and Termination.  On the occurrence of a Dissolution Event, the
General Partner (or, if there is no General Partner, the Limited Partners
holding a majority of the outstanding Class A Interests, taken together as a
single class) shall select one or more Persons to act as liquidator or may
itself act as liquidator.  The liquidator
shall proceed diligently to wind up the affairs of the Partnership and make
final distributions as provided herein and in the Partnership Act.  The costs of winding up shall be borne as a
Partnership expense, including reasonable compensation to the liquidator.  Until final distribution, the liquidator
shall continue to operate the Partnership properties with all of the power and
authority of the General Partner. 
Subject to the terms in the Partnership Act, the steps to be
accomplished by the liquidator are as follows:

(a)           as
promptly as possible after dissolution and again after final winding up, the
liquidator shall cause a proper accounting to be made by a recognized firm of
certified public accountants of the Partnership’s assets, liabilities, and
operations;

(b)           the
liquidator shall pay, satisfy or discharge from Partnership funds all of the
debts, liabilities and obligations of the Partnership or otherwise make
adequate provision for payment and discharge thereof (including the
establishment of a cash escrow fund for contingent liabilities in such amount
and for such term as the liquidator may reasonably determine); and

(c)           all
remaining assets of the Partnership shall be distributed to the Partners as
follows; provided, however, that
the liquidator shall use reasonable best efforts to distribute cash to
Partners:

(i)            the liquidator may sell any or all
Partnership property, including to Partners, and any resulting gain or loss
from each sale shall be computed and allocated to the Capital Accounts of
Partners in accordance with the provisions of Article VIII;

(ii)           with respect to all Partnership
property that has not been sold, the fair market value of that property shall
be determined and the Capital Accounts of Partners shall be adjusted to reflect
the manner in which the unrealized income, gain, loss, and deduction inherent
in property that has not been reflected in the Capital Accounts previously would
be allocated among Partners if there were a taxable disposition of that
property for the fair market value of that property on the date of
distribution; and

(iii)          Partnership property shall be
distributed among the Partners in accordance with Section 7.1, and those
distributions shall be made by the end of the

 

38

 

taxable year of the
Partnership during which the liquidation of the Partnership occurs (or, if
later, 90 days after the date of the liquidation).

All distributions in kind to
Partners shall be made subject to the liability of each distributee for costs,
expenses, and liabilities theretofore incurred or for which the Partnership has
committed prior to the date of termination and those costs, expenses, and
liabilities shall be allocated to the distributee pursuant to this Section
14.2.  The distribution of cash and/or
property to a Partner in accordance with the provisions of this Section 14.2
constitutes a complete return to the Partner of its Capital Contributions and a
complete distribution to the Partner of its Interests of all the Partnership’s
property and constitutes a compromise to which all Partners have
consented.  To the extent that a Partner
returns funds to the Partnership, it has no claim against any other Partner for
those funds.

Section 14.3.          Deficit
Capital Accounts.  No Partner shall
be required to pay to the Partnership, to any other Partner or to any third
party any deficit balance which may exist from time to time in the Partner’s
Capital Account.

Section 14.4.          Dissolution.  On completion of the distribution of
Partnership assets as provided herein, the General Partner or the liquidators
(or such other Person or Persons as the Partnership Act may require or permit)
shall file such documents and take such other actions as may be necessary to
terminate the existence of the Partnership. 
Upon satisfaction of all applicable matters required under the
Partnership Act, the existence of the Partnership shall cease, except as may be
otherwise provided by the Partnership Act or other applicable Law.

ARTICLE XV

 

WITHDRAWAL
OF PARTNERS

 

Section 15.1.          Withdrawal
of General Partner.  The General
Partner covenants and agrees that it will not withdraw as the General Partner
of the Partnership for the term of the Partnership except as permitted under
this Agreement.

Section 15.2.          Withdrawal
of Limited Partners.  No Limited
Partner shall have any right to withdraw from the Partnership except as
permitted under this Agreement.  No
Limited Partner shall be entitled to receive any distribution from the
Partnership for any reason or upon any event except as expressly set forth in
Articles V, VII and XV.

ARTICLE XVI

 

GENERAL
PROVISIONS

 

Section 16.1.          Offset.  Whenever the Partnership is to pay any sum to
any Partner, any amounts that such Partner, in its capacity as a Partner, owes
the Partnership may be deducted from that sum before payment.

Section 16.2.          Notices.  Except as expressly set forth to the contrary
in this Agreement, all notices, requests or consents provided for or required
to be given hereunder shall

 

39

 

be in writing and shall
be deemed to be duly given if personally delivered, telecopied and confirmed,
or mailed by certified mail, return receipt requested, or nationally recognized
overnight delivery service with proof of receipt maintained, at the following
addresses (or any other address that any such party may designate by written
notice to the other parties):

(i)            if to the Partnership or the General
Partner, at the address of the General Partner’s principal executive offices;
and

(ii)           if to a Partner (other than a
Management Limited Partner), to the address given for the Partner on Schedule A
hereto;

(iii)          if to a Management Limited Partner, to
the address given for the Partner on the applicable Management Equity Award
Agreement (or such other address on the payroll records of the Partnership or
its Subsidiaries; and

(iv)          if to a holder of Interests that has
not been admitted as a Partner, to the address given for such holder in an
Addendum Agreement.

Any such notice shall, if
delivered personally, be deemed received upon delivery; shall, if delivered by
telecopy, be deemed received on the first business day following confirmation;
shall, if delivered by nationally recognized overnight delivery service, be
deemed received the first business day after being sent; and shall, if
delivered by mail, be deemed received upon the earlier of actual receipt
thereof or five business days after the date of deposit in the United States
mail.

(b)           Whenever
any notice is required to be given by Law, this Agreement, a written waiver
thereof, signed by the Person entitled to notice, whether before or after the
time stated therein, shall be deemed equivalent to the giving of such notice.

Section 16.3.          Entire
Agreement; Supersede.  This Agreement
and the other Transaction Documents constitute the entire agreement of the
Partners and their Affiliates relating to the Partnership and supersede all
prior contracts or agreements with respect to the Partnership, whether oral or
written.

Section 16.4.          Effect
of Waiver or Consent.  A waiver or
consent, express or implied, to or of any breach or default by any Person in
the performance by that Person of its obligations with respect to the
Partnership is not a consent or waiver to or of any other breach or default in
the performance by that Person of the same or any other obligations of that
Person with respect to the Partnership. 
Failure on the part of a Person to complain of any act of any Person or
to declare any Person in default with respect to the Partnership, irrespective
of how long that failure continues, does not constitute a waiver by that Person
of its rights with respect to that default until the applicable statute-of-limitations
period has run.

Section
16.5.          Amendment or Restatement.  This Agreement (including any Exhibit or
Schedule hereto) may not be amended, modified, supplemented or restated, nor
may any provisions of this Agreement be waived, without a written instrument
adopted, executed and agreed to by the General Partner; provided, however, that (a) any such
amendment, modification,

 

40

 

supplement,
restatement or waiver that would disproportionately and adversely affect the
rights of any Partner hereunder, in its capacity as a Partner, as the case may
be, without similarly affecting the rights hereunder of all Partners of the
same class, in their capacities as Partners, as the case may be, shall not be
effective as to such Partner without such Partner’s prior written consent and, provided, further, Article IV, Sections 5.5, 9.4, 9.5,
Article X and Sections 16.5, 16.6, 16.8 or the Definitions of “Affiliate”, “Permitted
Transferee”, “Qualified Public Offering” (with respect to the size of the
offering) and “Subsidiary” and the terms of the Interests held by the TCV Group
and the OEP Group may not be amended, modified, supplemented, restated or
waived in a manner that is adverse to TCV or OEP without the prior written
consent of TCV and OEP, provided, further
that the General Partner may not be replaced and no new General Partner may be
appointed without the consent of TCV and OEP. 
Notwithstanding anything
to the contrary in this Section 16.5, if the provisions of Proposed
Treasury Regulation Section 1.83-3 and related sections and the proposed
Revenue Procedure described in IRS Notice 2005-43, as proposed by the Internal
Revenue Service on May 24, 2005, or provisions similar thereto, are adopted as
final (or temporary) rules (the “New Rules”), the General Partner
is authorized to make such amendments to this Agreement (including provision
for any safe harbor election authorized by the New Rules) as the General
Partner may determine to be necessary or advisable to comply with or reflect
the New Rules.  Except as required by
Law, no amendment, modification, supplement, discharge or waiver of or under
this Agreement shall require the consent of any person not a party to this
Agreement.

Section 16.6.          Termination.  This Agreement shall terminate upon the
earlier to occur of (i) the consummation of an Approved Sale of the entire
Partnership pursuant to Section 4.5 and the distribution of the proceeds
therefrom, (ii) the consummation of a Dissolution Event, (iii) upon the
written agreement of the Partners, and (iv) the consummation of a firm
commitment underwritten public offering by the IPO Corporation of common stock
pursuant to an effective registration statement under the Securities Act.

Section 16.7.          Binding
Effect.  Subject to the restrictions
on Dispositions set forth in this Agreement, this Agreement shall be binding
upon and shall inure to the benefit of the Partnership and each Partner and
their respective heirs, permitted successors, permitted assigns, permitted distributees
and legal representatives; and by their signatures hereto, the Partnership and
each Partner intends to and does hereby become bound.  Nothing expressed or mentioned in this
Agreement is intended or shall be construed to give any Person other than the
parties hereto and their respective permitted successors and assigns any legal
or equitable right, remedy or claim under, in or in respect of this Agreement
or any provision herein contained.

Section 16.8.          Governing
Law; Severability; Limitation of Liability.

(a)           This
Agreement shall be governed by and construed in accordance with Cayman Islands
law.

(b)           In
the event of a direct conflict between the provisions of this Agreement and any
mandatory, non-waivable provision of the Partnership Act, such provision of the
Partnership Act shall control.  If any
provision of the Partnership Act provides that it may be varied or superseded
in the limited partnership agreement (or otherwise by agreement of the

 

41

 

partners
of a limited partnership), such provision shall be deemed superseded and waived
in its entirety if this Agreement contains a provision addressing the same
issue or subject matter.

(c)           If
any provision of this Agreement is held to be illegal, invalid or unenforceable
under present or future laws effective during the term of this Agreement, such
provision shall be fully severable; this Agreement shall be construed and
enforced as if such illegal, invalid, or unenforceable provision had never
comprised a part of this Agreement; and the remaining provisions of this
Agreement shall remain in full force and effect and shall not be affected by
the illegal, invalid or unenforceable provision or by its severance from this
Agreement.  Furthermore, in lieu of each
such illegal, invalid or unenforceable provision, there shall be added
automatically as a part of this Agreement a provision as similar in terms to
such illegal, invalid or unenforceable provision as may be possible and be
legal, valid and enforceable.

(d)           Neither
the Partnership nor any Partner shall be liable to any of the other such
Persons for punitive, special, exemplary or consequential damages, including
damages for loss of profits, loss of use or revenue or losses by reason of cost
of capital, arising out of or relating to this Agreement or the transactions
contemplated hereby, regardless of whether based on contract, tort (including
negligence), strict liability, violation of any applicable deceptive trade
practices act or similar Law or any other legal or equitable principle, and the
Partnership and each Partner releases each of the other such Persons from
liability for any such damages.

Section 16.9.          Further
Assurances.  In connection with this
Agreement and the transactions contemplated hereby, the Partnership and each
Partner shall execute and deliver all such future instruments and take such
other and further action as may be reasonably necessary or appropriate to carry
out the provisions of this Agreement and the intention of the parties as expressed
herein.

Section 16.10.        Indemnification.  The Partnership shall at all times maintain
or cause to be maintained directors and officers’ liability insurance and
indemnification policy covering the Partnership and its Subsidiaries and the
General Partner which, in the good faith business judgment of the General
Partner, is reasonable (x) for a company comparable in size to the Partnership
and its Subsidiaries and (y) for substantially similar companies in the
industry in which the Partnership and its Subsidiaries operate.

Section 16.11.        Counterparts.  This Agreement may be executed in any number
of counterparts (including facsimile counterparts), all of which together shall
constitute a single instrument.  It shall
not be necessary that any counterpart be signed by each of the Partners so long
as each counterpart shall be signed by one or more of the Partners and so long
as the other Partners shall sign at least one counterpart which shall be
delivered to the Partnership.

Section 16.12.        Other
Covenants.

(a)           Each
Partner acknowledges and agrees that, upon any Dissolution Event or any
Approved Sale of all of the Interests in the Partnership in accordance with
this Agreement, the receipt of proceeds by the Partners with respect to their
Interests shall be in accordance with Article VII.

 

42

 

(b)           Each
Partner entitled to vote on matters submitted to a vote of the Partners, as the
case may be, agrees to vote the Interests owned by such Partner upon all
matters arising under this Agreement submitted to a vote of the Partners, as
the case may be, in a manner that will implement the terms of this Agreement.

Section 16.13.        VCOC; Condition
to Funding.

(a)           In
the event TDS Investor (Cayman) L.P. ceases to qualify as an “operating company”
as defined in the first sentence of 29 C.F.R. Section 2510.3-101(c), then the
General Partner and each Limited Partner shall, and the Partnership shall
cooperate in good faith to take all reasonable action necessary to provide that
the investment (or at least 51% of the investment, valued at cost) of each
Limited Partner that qualifies as a “venture capital operating company” as
defined in 29 C.F.R. Section 2510.3-101(d) shall continue to qualify as a “venture
capital investment” within the meaning of 29 C.F.R. Section 2510.3-101(d).

(b)            Neither
Blackstone Participation Partnership (Cayman) V L.P. nor Blackstone Capital
Partners (Cayman) V-S L.P. will be required to fund any payment to the
Partnership or any of their Subsidiaries until such time as TDS Investor
(Cayman) L.P. qualifies as an “operating company” within the meaning of the
first sentence of Section 2510.3-101(d)(1) of the U.S. Department of Labor
regulations codified at 29 C.F.R. Section 2510.3-101.

Section 16.14.        Registration
Rights.  The Partnership shall cause
the IPO Corporation to grant registration rights to each Partner as described
in the Registration Rights Agreement attached hereto as Exhibit E (the “Registration
Rights Agreement”) with respect to securities of the IPO Corporation into
which the securities of the Partnership converted in the IPO Conversion.

 

43

IN
WITNESS WHEREOF, the parties have executed this Agreement as a Deed effective
the day and year first above written.

	
   

  	
   

  	
  TDS INVESTOR (CAYMAN) GP LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:
  

  	
  /s/
  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name:  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed
  by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/
  Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name:  Yvonne Colón

  
	
   

  	
   

  	
   

  	
   

  

 

 

	
   

  	
   

  	
  LIMITED PARTNERS:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TCV VI (Cayman), L.P.

  
	
   

  	
   

  	
  a Cayman Islands exempted
  limited partnership,

  
	
   

  	
   

  	
  acting by its general
  partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Technology Crossover
  Management VI (Cayman), L.P.

  
	
   

  	
   

  	
  a Cayman Islands exempted
  limited partnership,

  
	
   

  	
   

  	
  acting by its general
  partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Technology
  Crossover Management VI (Cayman), Ltd.

  
	
   

  	
   

  	
  a Cayman Islands exempted
  company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:
  

  	
  /s/ Robert C. Bensky

  
	
   

  	
   

  	
   

  	
  Name: Robert C. Bensky

  
	
   

  	
   

  	
   

  	
  Title: Authorized
  Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed
  by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/
  Sara Miller

  
	
   

  	
   

  	
   

  	
  Name:
  Sara Miller

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TCV Member Fund (Cayman),
  L.P.

  
	
   

  	
   

  	
  a Cayman Islands exempted
  limited partnership,

  
	
   

  	
   

  	
  acting by its general
  partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Technology Crossover Management
  VI (Cayman), Ltd.

  
	
   

  	
   

  	
  a Cayman Islands exempted
  company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:
  

  	
  /s/ Robert C. Bensky

  
	
   

  	
   

  	
   

  	
  Name: Robert C. Bensky

  
	
   

  	
   

  	
   

  	
  Title: Authorized
  Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed
  by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/
  Sara Miller

  
	
   

  	
   

  	
   

  	
  Name:  Sara Miller

  
					

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Blackstone
  Family Investment Partnership (Cayman) V-A L.P.1

  
	
   

  	
   

  	
  By: BLACKSTONE MANAGEMENT ASSOCIATES
  (CAYMAN) V L.P., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: BLACKSTONE LR ASSOCIATES (CAYMAN) V
  LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name:  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name: Yvonne Colón

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Blackstone Family Investment Partnership
  (Cayman) V L.P.

  
	
   

  	
   

  	
  By: BLACKSTONE MANAGEMENT ASSOCIATES
  (CAYMAN) V L.P., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: BLACKSTONE LR ASSOCIATES (CAYMAN) V
  LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name: 
  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name:  Yvonne Colón

  
	
   

  	
   

  	
   

  	
   

  
					

 

 

	
   

  	
   

  	
  Blackstone Participation Partnership
  (Cayman) V L.P.

  
	
   

  	
   

  	
  By: BLACKSTONE MANAGEMENT ASSOCIATES

  
	
   

  	
   

  	
  (CAYMAN)
  V L.P., as General Partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: BLACKSTONE LR ASSOCIATES (CAYMAN) V
  LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name: 
  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name:  Yvonne Colón

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Blackstone Capital Partners (Cayman) V
  L.P.

  
	
   

  	
   

  	
  By: BLACKSTONE MANAGEMENT ASSOCIATES

  
	
   

  	
   

  	
  (CAYMAN)
  V L.P., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: BLACKSTONE LR ASSOCIATES (CAYMAN) V
  LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name: 
  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name:  Yvonne Colón

  
	
   

  	
   

  	
   

  	
   

  
					

 

 

	
   

  	
   

  	
  BCP (Cayman) V-S L.P.

  
	
   

  	
   

  	
  By: BLACKSTONE MANAGEMENT ASSOCIATES

  
	
   

  	
   

  	
  (CAYMAN) V L.P., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: BLACKSTONE LR ASSOCIATES (CAYMAN) V LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name: 
  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name:  Yvonne Colón

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  BCP V
  Co-Investors (Cayman) L.P.

  
	
   

  	
   

  	
  By:
  BLACKSTONE MANAGEMENT ASSOCIATES

  
	
   

  	
   

  	
  (CAYMAN)
  V L.P., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: BLACKSTONE LR ASSOCIATES (CAYMAN) V
  LTD., as General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Name: 
  Paul C. Schorr IV

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Yvonne Colón

  
	
   

  	
   

  	
   

  	
  Name:  Yvonne Colón

  
					

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  OEP TP, Ltd.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Christian P.R. Ahrens

  
	
   

  	
   

  	
   

  	
  Name:  Christian P.R. Ahrens

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Witnessed
  by:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/
  signatory

  
	
   

  	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
   

  	
   

  

 

EXHIBIT
A

DEFINED TERMS

“Addendum Agreement”
shall have the meaning set forth in Section 3.3.

“Adjusted
Capital
Account Balance” means, with respect to each Partner, the balance in such
Partner’s Capital Account adjusted (i) by taking into account the adjustments,
allocations and distributions described in Treasury Regulations Sections
1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such
Partner’s share of Partner Minimum Gain and Partner Nonrecourse Debt Minimum
Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and
1.704-2(i)(5) any amounts such Partner is obligated to restore pursuant to any
provision of this Agreement or by applicable law. The foregoing definition of
Adjusted Capital Account Balance is intended to comply with the provisions of
Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted
consistently therewith.

“Affiliate” means,
when used with respect to a specified Person, any Person which directly or
indirectly Controls, is Controlled by or is under common control with such
specified Person.

“Agreement” shall
mean this Amended and Restated Agreement of Exempted Limited Partnership, as
further amended and restated from time to time.

“Applicable Tax
Percentage” means the highest effective marginal combined U.S. federal,
state and local income tax rate for a fiscal year prescribed for an individual
resident in New York, New York (taking into account (a) the deductibility of
state and local income taxes for U.S. federal income tax purposes, assuming the
limitation described in Section 68(a)(2) of the Code applies, (b) the
nondeductiblity of other expenses subject to the limitation described in
Section 67(a) of the Code applies and (c) the character (e.g., long-term
or short-term capital gain or ordinary or exempt income) of the applicable
income).  For the avoidance of doubt, the
Applicable Tax Percentage will be the same for all Partners.

“Approved Class A-1
Sale” shall have the meaning set forth in Section 4.4(a).

“Approved Management Interest
Sale” shall have the meaning set forth in Section 4.8(a).

“Blackstone” means Blackstone Family Investment Partnership
(Cayman) V-A L.P.1, Blackstone Family Investment Partnership (Cayman) V L.P.,
Blackstone Participation Partnership (Cayman) V L.P., Blackstone Capital
Partners (Cayman) V L.P., BCP (Cayman) V-S L.P., BCP V Co-Investors (Cayman)
L.P.

“Blackstone Drag
Interests” shall have the meaning set forth in Section 4.8(a).

“Blackstone Drag Partner”
shall have the meaning set forth in Section 4.8(a).

“Blackstone Group”
means Blackstone and its Permitted Transferees.

“Blackstone Partner”
means any member of the Blackstone Group who holds Interests.

 

A-1

 

“Book
Value” means, with respect to any asset of the Partnership, the asset’s
adjusted basis for U.S. federal income tax purposes, except that the Book
Values of all such assets shall be adjusted to equal their respective fair
market values (as reasonably determined by the General Partner) in accordance
with the rules set forth in Treasury Regulations Section 1.704-1(b)(2)(iv)(f),
except as otherwise provided herein, immediately prior to: (a) the date of the
acquisition of any additional interest in the Partnership by any new or
existing Partner in exchange for more than a de  minimis capital
contribution to the Partnership, (b) the date of the distribution of more than
a de  minimis amount of Partnership property (other than a pro
rata distribution) to a Partner or (c) the date of a grant of any additional
interest to any new or existing Partner as consideration for the provision of
services to or for the benefit of the Partnership; provided, that
adjustments pursuant to clauses (a), (b) and (c) above shall be made only if
the General Partner in good faith determines that such adjustments are
necessary or appropriate to reflect the relative economic interests of the
Partners.  The Book Value of any asset
distributed to any Partner shall be adjusted immediately prior to such
distribution to equal its gross fair market value. The Book Value of any asset
contributed by a Partner to the Partnership will be the gross fair market value
of the asset as of the date of its contribution thereto.  In the case of any asset that has a Book
Value that differs from its adjusted tax basis, Book Value shall be adjusted by
the amount of depreciation calculated for purposes of the definition of “Profits”
and “Losses” rather than the amount of depreciation determined for U.S. federal
income tax purposes.

“Business Day” means
any day other than a Saturday, a Sunday, or a holiday on which national banking
associations in the State of New York are authorized by Law to close.

“Capital Account”
means the account to be maintained by the Partnership for each Partner pursuant
to Section 5.4.

“Capital Contribution”
means with respect to any Partner, the amount of money and the initial Book
Value of any property (other than money) (reduced by the amount of any
liabilities which are secured by such property) contributed to the Partnership
by the Partner, including any amounts paid, or property contributed, by such
Partner pursuant to Article V.  Any
reference in this Agreement to the Capital Contribution of a Partner shall
include a Capital Contribution of its predecessors in interest.  The aggregate principal amount of the notes
from the Partnership to each member of the TCV Group dated August 23, 2006 that
were exchanged for Interests immediately after the Initial Closing Date shall
be deemed a Capital Contribution by the members of the TCV Group hereunder.

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

“Cayman Islands Law”
means all applicable laws of the Cayman Islands.

“Class A Interests”
shall have the meaning set forth in Section 3.1(a).

“Class A Limited Partner”
means a Partner who owns Class A Interests.

 

A-2

 

“Class A-1
Drag Interests” shall have the meaning set forth in Section 4.4(a).

“Class A-1
Drag Partner” shall have the meaning set forth in Section 4.4(a).

“Class A-1 Inclusion
Notice” shall have the meaning set forth in Section 4.3(b).

“Class A-1
Inclusion Right” shall have the meaning set forth in Section 4.3(c).

“Class A-1 Interests”
shall have the meaning set forth in Section 3.1(a).

“Class A-1 Limited
Partner” means a Partner who owns Class A-1 Interests.

“Class A-1
Relevant Percentage” shall have the meaning set forth in Section 4.4(a).

“Class A-1
Selling Partner” shall have the meaning set forth in Section 4.3(a).

“Class A-1 Tag
Offerees” shall have the meaning set forth in Section 4.3(a).

“Class A-2 Interests”
shall have the meaning set forth in Section 3.1(a).

“Class A-2 Limited
Partner” means a Partner who owns Class A-2 Interests.

“Class B Interests”
shall have the meaning set forth in Section 3.1(a).

“Class B Limited Partner”
means a Partner who owns Class B Interests.

“Class C Interests”
shall have the meaning set forth in Section 3.1(a).

“Class C Limited Partner”
means a Partner who owns Class C Interests.

“Class D Interests”
shall have the meaning set forth in Section 3.1(a).

“Class D Limited Partner”
means a Partner who owns Class D Interests.

“Change of Control”
shall mean (i) the sale or disposition, in one or a series of transactions, of “all
or substantially all of the assets” (as defined under New York law) of the
Partnership and its Subsidiaries, taken as a whole, to any “person” or “group”
(as such terms are defined in Sections 13(d)(3) and 14(d)(2) of the Exchange
Act) other than the Blackstone Group or (ii) any person or group, other than
the Blackstone Group, is or becomes the “beneficial owner” (as defined in Rules
13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of a larger
percentage of the total voting power of the voting stock of the Partnership and
its Subsidiaries (taken as a whole) than the Blackstone Group, including by way
of merger, consolidation or otherwise and the Blackstone Group ceases to
control the board of directors of the General Partner.

“Code” means the
United States Internal Revenue Code of 1986, as amended from time to time.  All references herein to Sections of the Code
shall include any corresponding provision or provisions of succeeding Law.

 

A-3

 

“Confidential Information”
means all confidential and proprietary information (irrespective of the form of
communication) obtained by or on behalf of, a Partner from the Partnership or
its Representatives or through the ownership of an equity interest in the
General Partner, other than information which (i) was or becomes generally
available to the public other than as a result of a breach of this Agreement by
such Partner or Representative, (ii) was or becomes available to such Partner
on a nonconfidential basis prior to disclosure to the Partner by the
Partnership, the General Partner or their respective Representatives or through
its ownership of an equity interest in the General Partner, (iii) was or
becomes available to the Partner from a source other than the Partnership, the
General Partner or their respective Representatives or through such Partner’s
ownership of an equity interest in the General Partner, provided that such source is not known by
such Partner to be bound by a confidentiality agreement with the Partnership or
the General Partner, or (iv) is independently developed by such Partner without
the use of any such information received under this Agreement.

“Contract” means any
written, oral or other agreement, contract, subcontract, lease, understanding,
instrument, note, warranty, insurance policy, benefit plan, memorandum of
understanding, or legally binding commitment or undertaking of any nature.

“Control,” including
the correlative terms “Controlling”, “Controlled by” and “Under Common Control
with” means possession, directly or indirectly (through one or more
intermediaries), of the power to direct or cause the direction of management or
policies (whether through ownership of securities or any partnership or other
ownership interest, by contract or otherwise) of a Person.

“Creditable
Foreign Tax” means a foreign tax paid or accrued for United States federal
income tax purposes by the Partnership, in either case to the extent that such
tax is eligible for credit under Section 901(a) of the Code.  A foreign tax is a Creditable Foreign Tax for
these purposes without regard to whether a Partner receiving an allocation of
such foreign tax elects to claim a credit for such amount.  This definition is intended to be consistent
with the definition of “creditable foreign tax” in Temporary Treasury
Regulations Section 1.704-1T(b)(4)(xi)(b), and shall
be interpreted consistently therewith.

“Creditors’ Rights”
means applicable bankruptcy, insolvency or other similar laws relating to or
affecting the enforcement of creditors’ rights generally and to general
principles of equity.

“Disposition,”
including the correlative terms “Dispose” or “Disposed,” means
any direct or indirect transfer, assignment, sale, gift, inter vivos transfer,
pledge, hypothecation, mortgage, hedge or other encumbrance, or any other
disposition (whether voluntary or involuntary or by operation of law), of
Interests (or any interest (pecuniary or otherwise) therein or right thereto),
including without limitation derivative or similar transactions or arrangements
whereby a portion or all of the economic interest in, or risk of loss or
opportunity for gain with respect to, Interests is transferred or shifted to
another Person.

“Dissolution Event”
shall have the meaning set forth in Section 14.1(a).

“OEP” means OEP TP,
Ltd.

 

A-4

 

“OEP Group” means OEP
and its Permitted Transferees.

“OEP Partner” means
OEP or any member of the OEP Group who holds Interests.

“Family Group,” with
respect to any natural person, means (i) the spouse, issue, parents,
grandparents and grandchildren (in each case, whether natural or adopted) of
such natural person and (ii) any trust established solely for the exclusive
benefit of such natural person or any of the Persons referred to in the
foregoing clause (i).

“General Partner”
means TDS Investor (Cayman) GP Ltd., and any substitute or successor General
Partner appointed in accordance with the terms of this Agreement.

“General Partner Interest”
shall have the meaning specified in Section 3.1(a).

“Governmental Authority”
means any: (i) nation,
state, commonwealth, province, territory, county, municipality, district or
other jurisdiction of any nature; (ii) U.S. and other federal, state,
local, municipal, foreign or other government; or (iii) governmental or quasi-governmental
authority of any nature (including any governmental division, department,
agency, commission, instrumentality, official, organization, unit, body or
entity and any court or other tribunal).

“Gross Negligence”
has the meaning ascribed to such term under the laws of the State of New York
in the United States.

“Indemnitee” shall
have the meaning set forth in Section 9.4(b).

“Initial Closing Date”
means August 23, 2006.

“Interest” means an
interest in the Partnership, including the right of the holder thereof to any
and all benefits to which a holder thereof may be entitled as provided in this
Agreement together with the obligations of a holder thereof to comply with all
of the terms and provisions of this Agreement. 
The term “Interest” shall include the Class A-1 Interests, the
Class A-2 Interests, the Class B Interests, the Class C Interests and
the Class D Interests.

“IPO Conversion”
shall have the meaning set forth in Section 4.5(a).

“IPO Corporation”
shall have the meaning set forth in Section 4.5(a).

“Lapse Date” means,
in respect of any Management Limited Partner, the earlier to occur of (i) two
years following a Qualified Public Offering of at least 25% of the common stock
of the IPO Corporation and/or the outstanding Interests (provided that if a
Management Limited Partner’s Services to the Partnership and its Subsidiaries
terminate as a result of death or Disability and a Qualified Public Offering
shall have occurred, the “Lapse Date” with respect to such Management Limited
Partner shall be deemed to occur immediately following the later of
(x) such death or Disability or (y) 181 days following the Qualified
Public Offering), (ii) the occurrence of a Change of Control and (iii) seven
years following (A) the date on which such Management Limited Partner
became a Management Limited Partner or (B) in the case of the Initial
Management Limited Partners only, the Initial Closing Date.

 

A-5

 

“Law” means any
applicable constitutional provision, statute, act, code (including the Code),
law, regulation, rule, ordinance, order, decree, ruling, proclamation,
resolution, judgment, decision, declaration, or interpretative or advisory
opinion or letter of a Governmental Authority and shall include, for the
avoidance of any doubt, the Partnership Act.

“Liabilities” means
any liability, obligation, claim, expense or damage, whether known or unknown,
absolute, accrued, contingent or otherwise and whether due or to become due.

“Limited Partners”
means the Class A-1 Limited Partners, the Class A-2 Limited Partners, the
Class B Limited Partners, the Class C Limited Partners and the
Class D Limited Partners.

“Management Inclusion
Notice” shall have the meaning set forth in Section 4.7(b).

“Management Inclusion
Right” shall have the meaning set forth in Section 4.7(c).

“Management Interests”
shall have the meaning set forth in Section 3.1(a).

“Management Limited
Partner” means a Partner who owns Management Interests.

“Management
Relevant Percentage” shall have the meaning set forth in Section 4.8(a).

“Management
Tag Offerees” shall have the meaning set forth in Section 4.7(a).

“Net
Taxable Income” has the meaning set forth in Section 7.2(a).

“New Rules” shall
have the meaning set forth in Section 16.5.

“Nonrecourse
Deductions” has the meaning set forth in Treasury Regulations Section
1.704-2(b).  The amount of Nonrecourse
Deductions of the Partnership for a fiscal year equals the net increase, if
any, in the amount of Partner Minimum Gain of the Partnership during that
fiscal year, determined according to the provisions of Treasury Regulations
Section 1.704-2(c).

“Offer” shall have
the meaning set forth in Section 4.9(b).

“Offered Interests”
shall have the meaning set forth in Section 4.9(b).

“Offering Notice”
shall have the meaning set forth in Section 4.9(b).

“Offeror” shall have
the meaning set forth in Section 4.9(b).

“Partner” shall mean
the General Partner or any of the Limited Partners and “Partners” means the
General Partner and all of the Limited Partners.

“Partnership” means
the exempted limited partnership governed hereby, as such limited partnership
may from time to time be constituted.

“Partnership
Act” shall mean the Exempted Limited Partnership Law, (2003 Revision) of
the Cayman Islands, as amended from time to time.

 

A-6

 

“Partner
Minimum Gain” has the meaning ascribed in Treasury Regulations Sections
1.704-2(b)(2) and 1.704-2(d).

“Partner
Nonrecourse Debt Minimum Gain” means an amount with respect to each “partner
nonrecourse debt” (as defined in Treasury Regulations Section 1.704-2(b)(4))
equal to the Partner Minimum Gain that would result if such Partner nonrecourse
debt were treated as a nonrecourse liability (as defined in Treasury
Regulations Section 1.752-1(a)(2)) determined in accordance with Treasury
Regulations Section 1.704-2(i)(3).

“Partner
Nonrecourse Deductions” has the meaning ascribed to the term “partner
nonrecourse deductions” set forth in Treasury Regulations Section
1.704-2(i)(2).

“Percentage Interest”
means, with respect to each Partner (or group of Partners) and a specified
class of Interests, the fraction (expressed as a percentage), the numerator of
which is the number of Interests of such class owned by such Partner and the
denominator of which is the sum of the total number of Interests of such class
owned by all Partners (or the relevant Partners if the calculation is made with
respect to a specified group of Partners).

“Permitted Transferee”
with respect to (a) a transferor Partner (other than a Management Limited
Partner) shall mean such Partner’s Affiliated entities; provided that for the
avoidance of doubt the parties agree that TCV VI, L.P. is a Permitted
Transferee of TCV, and (b) in the case of a transferor Partner that is a
natural person, (i) any individual who received a Partner’s Interests pursuant
to applicable Laws of descent and distribution or any member of such Partner’s
Family Group and (ii) any trust the beneficiaries of which, or any corporation,
limited liability company or partnership the stockholders, members or general
or limited partners of which, include only members of such Partner’s Family
Group (or entities of which the stockholders, members or general or limited
partners of which, include only members of such Partner’s Family Group).

“Person” means any
natural person, corporation, limited partnership, general partnership, limited
liability company, joint stock company, joint venture, association, company,
estate, trust, bank trust company, land trust, business trust, or other
organization, whether or not a legal entity, custodian, trustee-executor,
administrator, nominee or entity in a representative capacity and any
government or agency or political subdivision thereof.

“Personal Representative”
means the executor, administrator, guardian, or other personal representative
of any natural person who has become deceased or subject to disability, or any
successor or assignee thereof whether by operation of law or otherwise.

“Profits”
and “Losses” means, for each taxable year or other period, the taxable
income or loss of the Partnership, or particular items thereof, determined in
accordance with the accounting method used by the Partnership for U.S. federal
income tax purposes with the following adjustments: (a) all items of income,
gain, loss or deduction allocated pursuant to Section 8.2 (Special Allocations)
shall not be taken into account in computing such taxable income or loss; (b)
any income of the Partnership that is exempt from U.S. federal income taxation
and not otherwise taken into account in computing Profits and Losses shall be
added to such taxable income or loss; (c) if the Book Value of any asset differs
from its adjusted tax basis

 

A-7

 

for U.S. federal income tax purposes, any gain or loss resulting from a
disposition of such asset shall be calculated with reference to such Book
Value; (d) upon an adjustment to the Book Value (other than an adjustment in
respect of depreciation) of any asset, pursuant to the definition of Book Value,
the amount of the adjustment shall be included as gain or loss in computing
such taxable income or loss; (e) if the Book Value of any asset differs from
its adjusted tax basis for U.S. federal income tax purposes, the amount of
depreciation, amortization or cost recovery deductions with respect to such
asset for purposes of determining Profits and Losses, if any, shall be an
amount which bears the same ratio to such Book Value as the U.S. federal income
tax depreciation, amortization or other cost recovery deductions bears to such
adjusted tax basis (provided, that if the U.S. federal income tax
depreciation, amortization or other cost recovery deduction is zero, the
General Partner may use any reasonable method for purposes of determining
depreciation, amortization or other cost recovery deductions in calculating
Profits and Losses); and (f) except for items in (a) above, any expenditures of
the Partnership not deductible in computing taxable income or loss, not
properly capitalizable and not otherwise taken into account in computing
Profits and Losses pursuant to this definition shall be treated as deductible
items.

“Qualified
Public Offering” means any firm commitment underwritten offering of common
stock to the public pursuant to an effective registration statement under the
Securities Act (i) for which aggregate cash proceeds to be received by the IPO
Corporation from such offering (without deducting underwriting discounts,
expenses and commissions) are at least $200,000,000 or for which aggregate cash
proceeds to be received by either the Blackstone Group, the TCV Group or the
OEP Group from such offering (without deducting underwriting discounts,
expenses and commissions) are at least $50,000,000, and (ii) pursuant to which
such shares of common stock are authorized and approved for listing on the New
York Stock Exchange or admitted to trading and quoted in the Nasdaq National
Market system.

“Register of Partners”
means the Register of Partnership Interests of the Partnership in the form set
forth as Schedule A.

“Registration
Rights Agreement” shall have the meaning set forth in Section 16.14.

“Representatives”
shall have the meaning set forth in Section 3.4(b).

“Restricted Equity Units”
shall mean unfunded, unsecured contractual rights to acquire in the Partnership
a specified number of Class A-2 Interests with a hypothetical
Capital Contribution per Interest equal to the Capital Contribution per
Interest applicable to Class A-2 Interests issued on the date
hereof, which rights may be granted from time to time, pursuant to Management
Equity Award Agreements, by the Partnership in exchange for Services performed
for the Partnership and its Subsidiaries.

“ROFR Period” shall
have the meaning set forth in Section 4.9(a).

“Securities Act”
means the Securities Act of 1933, as amended, and any successor statute thereto
and the rules and regulations of the Securities and Exchange Commission
promulgated thereunder.

 

A-8

 

“Services” means the
employment with the Partnership or its Subsidiaries of a Management Limited
Partner (or the individual that Controls such Management Limited Partner if the
Management Limited Partner is not a natural person).

“Shareholders’ Agreement”
means the Shareholders’ Agreement of TDS Investor (Cayman) GP Ltd., between the
General Partner and the shareholders party thereto, dated as of the date
hereof, as the same may be amended or modified from time to time.

“Special Allocations”
means the allocations pursuant to Section 8.2 of this Agreement.

“Sponsor Group” means
each of the Blackstone Group, the TCV Group and the OEP Group.

“Subsidiary” means
(i) any corporation or other entity a majority of the Capital Stock of which
having ordinary voting power to elect a majority of the board of directors or
other Persons performing similar functions is at the time owned, directly or
indirectly, with power to vote, by the Partnership or any direct or indirect
Subsidiary of the Partnership or (ii) a partnership in which the Partnership or
any direct or indirect Subsidiary is a general partner.

“Tax” means all
taxes, charges, levies, penalties or other assessments imposed by any United
States federal, state, local or foreign taxing authority, including income,
excise, property, sales, transfer, franchise, payroll, withholding, social
security or other similar taxes, including any interest or penalties
attributable thereto.

“Tax
Advances” has the meaning set forth in Section 11.3.

“Tax
Amount” has the meaning set forth in Section 7.2.

“Tax Distributions”
shall have the meaning set forth in Section 7.2.

“Tax Matters Partner”
shall have the meaning assigned to the term “tax matters partner” in Code
Section 6231(a)(7) and the meaning set forth in Section 11.1.

“TCV” means TCV VI
(Cayman), L.P. and TCV Member Fund (Cayman), L.P.

“TCV Group” means TCV
and its Permitted Transferees.

“TCV Partner” means
TCV or any member of the TCV Group who holds Interests.

“Transferring Management
Limited Partner” shall have the meaning set forth in Section 4.9(a).

“Treasury Regulations”
means the regulations promulgated by the United States Department of the
Treasury pursuant to and in respect of provisions of the Code.

“25% Selling Partner”
shall have the meaning set forth in Section 4.7(a).

 

A-9

 

“Unvested Interest” means any Management Interests
that have not vested as of the date of determination pursuant to the terms of
the Management Equity Award Agreement between the Management Limited Partner and the Partnership.

“Vested Interest” means any Management Interests that
have vested as of the date of determination pursuant to the terms of the Management
Equity Award Agreement between the Management Limited Partner and the Partnership.

 

A-10

 

EXHIBIT
B

FORM
OF SPOUSAL AGREEMENT

The spouse of the Partner
executing the foregoing Amended and Restated Agreement of Exempted Limited
Partnership (or the counterpart signature above) is aware of, understands, and
consents to the provisions of the foregoing Agreement (and related Transaction
Documents) and its binding effect upon any community property interest or
marital settlement awards he or she may now or hereafter own or receive, and
agrees that the termination of his or her marital relationship with such
Partner for any reason shall not have the effect of removing any Interests
subject to the foregoing Agreement from the coverage thereof and that his or
her awareness, understanding, consent, and agreement is evidenced by his or her
signature below.

 

	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  [Spouse’s Name]

  

 

B-1

 

EXHIBIT
C

FORM
OF ADDENDUM AGREEMENT

This Addendum Agreement is
made this ___ day of _____________, 200__, by and between _____________________
(the “Transferee”) and TDS Investor (Cayman) L.P., a Cayman Islands exempted
limited partnership (the “Company”), pursuant to the terms of that certain
Agreement of Exempted Limited Partnership of the Company dated as of October
13, 2006, including all exhibits and schedules thereto (the “Agreement”).  Capitalized terms used but not otherwise
defined herein shall have the meanings ascribed to them in the Agreement.

WITNESSETH:

WHEREAS, the Partnership and
the Partners entered into the Agreement (and their respective spouses, to the extent
applicable, have consented to the provisions of the Agreement) to impose
certain restrictions and obligations upon themselves, and to provide certain
rights, with respect to the Partnership, the Partners and its and their
Interests;

WHEREAS, the Transferee is
acquiring Interests issued by the Partnership or pursuant to a Disposition, in
either case in accordance with the Agreement; and

WHEREAS, the Partnership and
the Partners have required in the Agreement that all Persons to whom Interests
of the Partnership are transferred and all other Persons acquiring Interests
must enter into an Addendum Agreement binding the Transferee and the Transferee’s
spouse to the Agreement to the same extent as if they were original parties
thereto and imposing the same restrictions and obligations on the Transferee,
the Transferee’s spouse and the Interests to be acquired by the Transferee as
are imposed upon the Partners under the Agreement.

NOW, THEREFORE, in
consideration of the mutual promises of the parties and as a condition of the
purchase or receipt by the Transferee of the Interests, the Transferee
acknowledges and agrees as follows:

1.             The Transferee has received and read the Agreement and
acknowledges that the Transferee is acquiring the Interests in accordance with
and subject to the terms and conditions of the Agreement.

2.             The Transferee represents and warrants, as of the date
hereof, to the Company and the Partners as follows:

(a)           the
Transferee has full power and authority to execute and deliver this Agreement
and to perform its obligations hereunder, and, if such Transferee is not
executing this Agreement in its individual capacity, the execution, delivery,
and performance by such Transferee of this Agreement have been duly authorized
by all necessary action;

(b)           this
Agreement has been duly and validly executed and delivered by such Transferee
and constitutes the binding obligation of such Transferee enforceable against
such Person in accordance with its terms, subject to Creditors’ Rights;

 

C-1

 

(c)           the
execution, delivery, and performance by such Transferee of this Agreement will
not, with or without the giving of notice or the lapse of time, or both, (i)
violate any provision of Law to which such Person is subject, (ii) violate any
order, judgment, or decree applicable to such Person, or (iii) conflict with,
or result in a breach or default under, any agreement or other instrument to
which such Person is a party or, if such Transferee is not executing this
Agreement in its individual capacity, any term or condition of its certificate
of incorporation or by-laws, certificate of limited partnership or partnership
agreement, certificate of formation or limited liability company agreement, as
applicable, except where such conflict, breach or default would not reasonably
be expected to, individually or in the aggregate, have an adverse effect on
such Person’s ability to satisfy its obligations hereunder;

(d)           no
consent, approval, permit, license, order or authorization of, filing with, or
notice or other action to, with or by any Governmental Authority or any other
Person, is necessary, on the part of such Transferee to perform its obligations
hereunder or, if such Transferee is not executing this Agreement in its
individual capacity, to authorize the execution, delivery and performance by
such Transferee of its obligations hereunder, except where such consent,
approval, permit, license, order, authorization, filing or notice would not
reasonably be expected to, individually or in the aggregate, have an adverse
effect on such Transferee’s ability to satisfy its obligations hereunder or
under any agreement or other instrument to which such Transferee is a party;

(e)           such
Transferee is acquiring the Interests for investment and not with a view toward
any resale or distribution thereof except in compliance with the Securities
Act; such Transferee acknowledges that the Interests have not been registered
pursuant to the Securities Act and may not be transferred in the absence of
such registration or an exemption therefrom under the Securities Act; and such
Transferee has sufficient knowledge and experience in financial and business
matters so as to be capable of evaluating the risks of its investment in the
Interests and is capable of bearing the economic risks of the transactions
contemplated by this Agreement; and

(f)            such
Transferee does not have any liability or obligation to pay an fees or
commissions to any broker, finder, or agent with respect to the execution, delivery
or performance of this Agreement by such Transferee.

3.             The Transferee agrees that the Interests acquired or to
be acquired by the Transferee are bound by and subject to all of the terms and
conditions of the Agreement, and hereby joins in, and agrees to be bound, by,
and shall have the benefit of, all of the terms and conditions of the Agreement
to the same extent as if the Transferee were an original party to the Agreement
or an initial Partner, as the case may be; provided,
however, that the Transferee’s joinder in the Agreement shall not
constitute admission of the Transferee or the Transferee’s spouse as a Partner
unless and until the General Partner executes this Agreement confirming the due
admission of the Transferee.  This
Addendum Agreement shall be attached to and become a part of the Agreement.

4.             For good and valuable consideration, the sufficiency of
which is hereby acknowledged by the Transferor and the Transferee, the Transferor
hereby transfers and assigns

 

C-2

 

absolutely
to the Transferee [all of its Interests in the Partnership][such portion of its
Interests in the Partnership as are specified below], including, for the
avoidance of doubt, all rights, title and interest in and to such Interests,
with effect from the date hereof.

5.             The Transferee hereby agrees to accept the Interests of
the Transferor and hereby agrees and consents to become a Partner.

6.             It is hereby confirmed by the Transferor that the
Transferor has complied in all respects with the provisions of the Partnership
Agreement with respect to the transfer of the Interests.  The number of Interests in the Partnership
currently held by the Transferor, and to be transferred and assigned pursuant
to this Transfer Form, are as follows:

	
  Name of Class or Series of Interests

  	
   

  	
  Number of Interests

  
	
   

  	
   

  	
   

  
	
  [                           ]

  	
   

  	
  [                           ]

  

 

7.             Any notice required as permitted by the Agreement shall
be given to Transferee at the address listed beneath the Transferee’s signature
below.

8.             The Transferee [shall] [shall not] be a member of the Blackstone Group for
purposes of the Agreement.

9.             The spouse of the Transferee, if applicable, joins in
the execution of this Addendum Agreement to acknowledge its fairness and that
it is in such spouse’s best interests, and to bind such spouse’s community
interest, if any, in the Interests to the terms of the Agreement.

10.           This Addendum Agreement shall be governed by and construed
in accordance with Cayman Islands law.

 

C-3

 

	
   

  	
   

  	
   

  
	
  Transferee

  	
   

  	
  Transferee’s Spouse

  
	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Transferor: 

  	
   

  	
  AGREED TO on behalf of the Partnership: 

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  [GENERAL PARTNER]

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  

 

C-4

 

EXHIBIT
D

FORM
OF 83(b) ELECTION

The undersigned purchased
limited partnership interests (the “Interests”) of TDS Investor (Cayman) L.P.
(the “Partnership”) on ______ __, 200[_].  The undersigned desires to make an election
to have the Interests taxed under the provision of Section 83(b) of the
Internal Revenue Code of 1986, as amended (“Code §83(b)”), at the time
the undersigned purchased the Interests.

Therefore, pursuant to Code
§83(b) and Treasury Regulation §1.83-2 promulgated thereunder, the undersigned
hereby makes an election, with respect to the Interests (described below), to
report as taxable income for calendar year 200[_] the excess, if any, of the
Interests’ fair market value on ____ __, 200[_] over the purchase price thereof.

The following information is
supplied in accordance with Treasury Regulation §1.83-2(e):

1.     The name, address and social security
number of the undersigned:

 

	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SSN:

  	
   

  

 

2.     A description of the property with respect
to which the election is being made: 
[_____] Class B Interests, [_____] Class C Interests and [_____] Class D
Interests.

 

3.     The date on which the property was
transferred: [______], 200[_].  The
taxable year for which such election is made: calendar year 200[_].

 

4.     The restrictions to which the property is
subject:  The Class B Interests are
subject to a time-based vesting schedule and the Class C Interests and
Class D Interests are subject to event-based vesting upon achieving certain
performance criteria.  If the undersigned
ceases to be employed by the Partnership or any of its subsidiaries prior to
the vesting of the Interests, the Interests are subject to forfeiture without
any payment or, in certain circumstances, repurchase by the Partnership at the
lower of (i) the original purchase price paid for the Interests and (ii) the
fair market value of the Interests on the date of such repurchase.  The Interests are also subject to transfer
restrictions.

 

5.     The aggregate fair market value on [_____],
200[_] of the property with respect to which the election is being made,
determined without regard to any lapse restrictions: $[_____] (i.e., $[_____]
for [_____] Class B Interests, $[_____] for [_____] Class C Interests and
$[_____] for [_____] Class D Interests).

 

 

D-1

 

6.     The aggregate amount paid for such
property: $[_____] (i.e., $[_____] for [_____] Class B Interests, $[_____] for
[_____] Class C Interests and $[_____] for [_____] Class D Interests).

 

7.     A copy of this election has been furnished to the Secretary of
the Partnership pursuant to Treasury Regulations §1.83-2(e)(7).

 

	
  Dated: [_____], 200[_]

  	
   

  
	
   

  	
   

  
	
   

  	
  [Name]

  

 

D-2

 

EXHIBIT
E

REGISTRATION
RIGHTS AGREEMENT

[Distributed
Separately]

 

E-1

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