Document:

exv10w2w7

Exhibit 10.2.7

GUARANTY

     GUARANTY (the “Guaranty”), dated as of January 1, 2006 of Global Monitoring Systems, Inc.
(“GMS”) in favor of American Capital Financial Services, Ltd., as agent (the “Agent”) for the
benefit of the purchasers (the “Purchasers”) identified on Annex A to the Note and Equity Purchase
Agreement dated as of June 23, 2004 by and among MGP Instruments, Inc. (the “Borrower”), the
Purchasers (as defined therein), Dosimetry Acquisitions (U.S.), Inc.
(“Dosimetry”) and Agent, as
amended by Amendment No. 1 dated as of October 22, 2004 (collectively, the Purchase
Agreement”).

     WHEREAS, pursuant to the terms of the Purchase Agreement, the Purchasers have agreed to lend
the Borrower: (i) $24,944,400 in aggregate principal amount as evidenced by the Senior Term B Notes
due June 23, 2010, (ii) $12,168,000 in aggregate principal amount as evidenced by the Senior
Subordinated Notes due June 23, 2011, (iii) $4,867,200 in aggregate principal amount as evidenced by
the Junior Subordinated Notes due June 23, 2011 and (iv) a Revolving Loan Facility in a maximum
aggregate principal amount of $8,213,400 as evidenced by the Revolving Notes of the Borrower
payable to the Purchasers (together, the “Notes”);

     WHEREAS, pursuant to the Master Restructuring Agreement, dated as of December 31, 2005 among
GMS, Dosimetry and the other parties thereto, Dosimetry proposes to merge with and into Dosimetry
Acquisitions (U.S.) LLC (“Dosimetry LLC”), a wholly-owned subsidiary of GMS, with Dosimetry the
surviving and continuing entity (the “Merger”);

     WHEREAS, Dosimetry has requested that the Agent and Purchasers consent to the Merger and
waive the applicability of any provisions of the Purchase Agreement that may be breached as a
result of the Merger (the “Consent”);

     WHEREAS, it is a condition to the Consent by the Agent and Purchaser that GMS enter into this
Guaranty and that GMS enter into a Pledge and Security Agreement in the form attached to the
Consent to secure GMS’s obligations hereunder; and

     WHEREAS, GMS is willing to enter into this Guaranty to provide additional security for the
payment and performance of the obligations under the terms of the Purchase Agreement; and

     WHEREAS, capitalized terms used herein without definition shall have the respective meanings
assigned thereto in the Purchase Agreement.

     NOW, THEREFORE, GMS hereby agrees:

     Section 1. Guaranty by GMS. From and after the date hereof, GMS hereby
absolutely, unconditionally and irrevocably guarantees, as primary obligor and not merely as
surety, the full and punctual payment when due, whether at stated maturity or earlier, by reason of
acceleration, mandatory prepayment or otherwise (including, without limitation, upon a demand in
the event of an Event of Default under the Purchase Agreement) in accordance herewith, the Notes
and all other Obligations of the Loan Parties under the Notes and any other Purchase Document (the
“Guaranteed Obligations”), whether or not from time to time reduced or extinguished or

 

 

hereafter increased or incurred, whether or not recovery is or hereafter may become barred by
any statute of limitations, whether or not enforceable, whether now or hereafter existing,
and whether due or to become due, including principal, interest (including interest at the
contract rate applicable upon default accrued or accruing after the commencement of any
proceeding under the United States Bankruptcy Code and any amendments thereto (Title 11,
United States Code) (the “Bankruptcy Code”) whether or not such interest is an allowed
claim in such proceeding), fees and costs of collection. This Guaranty constitutes a guaranty
of payment and not of collection. GMS hereby further agrees that, if any payment made by the
Loan Parties or GMS and applied to the Guaranteed Obligations is at any time annulled,
avoided, set aside, rescinded, invalidated, declared to be fraudulent or preferential or
otherwise required to be refunded or repaid, then, to the extent of such payment or
repayment, GMS’s liability hereunder shall be and remain in full force and effect, as fully
as if such payment had never been made. If, prior to any of the foregoing, this Guaranty
shall have been cancelled or surrendered, this Guaranty shall be reinstated in full force and
effect, and such prior cancellation or surrender shall not diminish, release, discharge,
impair or otherwise affect the obligations of GMS in respect of the amount of such payment.

     Section 2. Authorization; Other Agreements. Agent, for the benefit of
Purchasers is hereby authorized, without notice to, or demand upon, GMS, which notice and
demand requirements each are expressly waived hereby, and without discharging or otherwise
affecting the obligations of GMS hereunder (which obligations shall remain absolute and
unconditional notwithstanding any such action or omission to act), from time to time, to do
each of the following:

     (a) supplement, renew, extend, accelerate or otherwise change the time for payment
of, or other terms relating to, the Guaranteed Obligations, or any part of them, or otherwise
modify, amend or change the terms of any promissory note or other agreement, document or
instrument (including any Transaction Document) now or hereafter executed by the Loan Parties
and delivered to Agent or any Purchaser, including any increase or decrease of principal or
the rate of interest thereon;

     (b) waive or otherwise consent to noncompliance with any provision of any
instrument evidencing the Guaranteed Obligations, or any part thereof, or any other
instrument or agreement in respect of the Guaranteed Obligations (including any Transaction
Document) now or hereafter executed by the Loan Parties and delivered to Agent or any Purchaser;

     (c) accept partial payments on the Guaranteed Obligations;

     (d) receive, take and hold additional security or collateral for the payment of the
Guaranteed Obligations or any part of them and exchange, enforce, waive, substitute, liquidate,
terminate, abandon, fail to perfect, subordinate, transfer, otherwise alter and release
any such additional security or collateral;

     (e) settle, release, compromise, collect or otherwise liquidate the Guaranteed
Obligations or accept, substitute, release, exchange or otherwise alter, affect or
impair any

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security or collateral for the Guaranteed Obligations or any part of them or any other guaranty
therefor, in any manner;

     (f) add, release or substitute any one or more other guarantors, makers or endorsers
of the Guaranteed Obligations or any part of them and otherwise deal with the Loan Parties or
any other guarantor, maker or endorser;

     (g) apply to the Guaranteed Obligations any payment or recovery from the Loan
Parties, from GMS or from any other guarantor, maker or endorser of the Guaranteed
Obligations or any part of them, in each case whether such Guaranteed Obligations are secured
or unsecured or guaranteed or not guaranteed by others;

     (h) apply to the Guaranteed Obligations any payment or recovery from GMS of any sum
realized from security furnished by the Loan Parties upon their indebtedness or obligations to the
Agent or any Purchaser, in each case whether or not such indebtedness or obligations relate to the
Guaranteed Obligations; and

     (i) refund at any time any payment received by Agent or any Purchaser in respect of any
Obligation, and payment to Agent or any Purchaser of the amount so refunded shall be fully
guaranteed hereby even though prior thereto this Guaranty shall have been cancelled or surrendered,
and such prior cancellation or surrender shall not diminish, release, discharge, impair or
otherwise affect the obligations of GMS hereunder in respect of the amount so refunded; even if any
right of reimbursement or subrogation or other right or remedy of GMS is extinguished, affected or
impaired by any of the foregoing (including any election of remedies by reason of any judicial,
non-judicial or other proceeding in respect of the Guaranteed Obligations that impairs any
subrogation, reimbursement or other right of GMS).

     Section 3. Guaranty Absolute and Unconditional. GMS hereby waives any defense
of a surety or guarantor or any other obligor on any obligations arising in connection with or in
respect of any of the following and hereby agrees that its obligations under this Guaranty are
absolute and unconditional and shall not be discharged or otherwise affected as a result of any of
the following:

     (a) the invalidity or unenforceability of any Loan Party’s obligations under the
Purchase Agreement, the Notes or any other Transaction Document, or any security for, or other
guaranty of the Guaranteed Obligations or any part of them or the lack of perfection or
continuing perfection or failure of priority of any security in the Guaranteed Obligations or
any part of them;

     (b) the absence of any attempt to collect the Guaranteed Obligations or any part of
them from the Loan Parties or other action to enforce the same;

     (c) the Agent’s or any Purchaser’s election, in any proceeding instituted under
chapter 11 of the Bankruptcy Code, of the application of
Section 1111(b)(2) of the Bankruptcy
Code;

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     (d) any borrowing or grant of a Lien by the a Loan Party, as debtor-in-possession, or
extension of credit, under Section 364 of the Bankruptcy Code;

     (e) the disallowance, under Section 502 of the Bankruptcy Code, of all or any portion
of the Agent’s or any Purchaser’s claim (or claims) for repayment of the Guaranteed
Obligations;

     (f) any use of cash collateral under Section 363 of the Bankruptcy Code;

     (g) any agreement or stipulation as to the provision of adequate protection in any
bankruptcy proceeding;

     (h) the avoidance of any Lien in favor of the Agent or any Purchaser for any reason;

     (i) any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt,
liquidation or dissolution proceeding commenced by or against any Loan Party, or any of the Loan
Parties’ other Subsidiaries, including any discharge of, or bar or stay against collecting, any
Obligation (or any part of them or interest thereon) in or as a result of any such proceeding;

     (j) failure by the Agent or any Purchaser to file or enforce a claim against any Loan
Party or its estate in any bankruptcy or insolvency case or proceeding;

     (k) any action taken by the Agent or any Purchaser if such action is authorized
hereby;

     (1) Loan Parties’ inability to pay the Guaranteed Obligations, whether by contractual
obligation or otherwise;

     (m) any election following the occurrence of an Event of Default by the Agent or any
Purchaser to proceed separately against the personal property Collateral in accordance with the
Agent’s or any Purchaser’s rights under the Uniform Commercial Code or, if the Collateral consists
of both personal and real property, to proceed against such personal and real property in
accordance with the Agent’s or any Purchaser’s rights with respect to such real property; or

     (n) any other circumstance that might otherwise constitute a legal or equitable
discharge or defense of a surety or guarantor or any other obligor on any obligations, other than
the payment in full of the Guaranteed Obligations.

     Section 4. Waivers. GMS hereby waives diligence, promptness, presentment, demand
for payment or performance and protest and notice of protest, notice of acceptance and any other
notice in respect of the Guaranteed Obligations or any part of them, and any defense arising by
reason of any disability or other defense. GMS shall not, until the Guaranteed Obligations are
irrevocably paid in full and have been terminated, assert any claim or counterclaim it may have
against any of the Loan Parties or set off any of its obligations to the Loan Parties against any
obligations of the Loan Parties to it. In connection with the foregoing, GMS covenants that its
obligations hereunder shall not be discharged, except by complete performance.

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     Section 5. Reliance. GMS hereby assumes responsibility for keeping itself
informed of the financial condition of the Loan Parties and any endorser and other guarantor of all
or any part of the Guaranteed Obligations, and of all other circumstances bearing upon the risk of
nonpayment of the Guaranteed Obligations, or any part thereof, that diligent inquiry would reveal,
and GMS hereby agrees that the Agent or any Purchaser shall have no duty to advise GMS of
information known to it regarding such condition or any such circumstances. In the event the Agent
or any Purchaser, in its sole discretion, undertakes at any time or from time to time to provide
any such information to GMS, the Agent or any Purchaser shall be under no obligation (a) to
undertake any investigation not a part of its regular business routine, (b) to disclose any
information that the Agent or any Purchaser, pursuant to accepted or reasonable commercial finance
or banking practices, wishes to maintain confidential or (c) to make any other or future
disclosures of such information or any other information to GMS.

     Section 6. Waiver of Subrogation and Contribution Rights. Until the Guaranteed
Obligations have been irrevocably paid in full and have been terminated, GMS shall not enforce or
otherwise exercise any right of subrogation to any of the rights of the Agent or any Purchaser or
any part of them against the Loan Parties or any right of reimbursement or contribution or similar
right against the Loan Parties by reason of this Guaranty or by any payment made in respect of the
Guaranteed Obligations.

     Section 7. Default; Remedies. If any of the Guaranteed Obligations are not paid
when due or upon any default by the Loan Parties as provided in any other instrument or document
evidencing all or any part of the Guaranteed Obligations, the Agent or any Purchaser may, at its
sole election, proceed directly and at once, without notice, against GMS to collect and recover the
full amount or any portion of the Guaranteed Obligations then due, without first proceeding against
the Loan Parties.

     Section 8. Irrevocability. This Guaranty shall be irrevocable as to the
Guaranteed Obligations (or any part thereof) until all monetary Guaranteed Obligations then
outstanding have been irrevocably repaid in cash or otherwise irrevocably discharged, at which time
this Guaranty shall automatically be cancelled. Upon such cancellation and at the written request
of GMS or their successors or assigns, and at the cost and expense of GMS or its successors or
assigns, the Agent or any Purchaser shall execute in a timely manner a satisfaction of this
Guaranty and such instruments, documents or agreements as are necessary or desirable to evidence
the termination of this Guaranty.

     Section 9. No Marshalling. GMS consents and agrees that neither the Agent nor
any Purchaser nor any Person acting for or on behalf of the Agent or any Purchaser shall be under
any obligation to marshal any assets in favor of GMS or against or in payment of any or all of the
Guaranteed Obligations.

     Section 10. Authority of Agent. GMS acknowledges that the rights and
responsibilities of the Agent under this Guaranty with respect to any action taken by the Agent or
the exercise or non-exercise by the Agent of any option, right, request, judgment or other right or
remedy provided for in this Guaranty or resulting or arising out of this Guaranty shall, as between
the Agent and the Purchasers, be governed by the Purchase Agreement and by such

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other agreements with respect thereto as may exist from time to time among them, but, as between
the Agent and GMS, the Agent shall be conclusively presumed to be acting as agent for the
Purchasers with full and valid authority so to act or refrain from acting.

     Section 11. Notices. All notices, requests and demands to or upon the Agent, any
Purchaser or GMS to be effective shall be in writing (including by telecopy) and, unless otherwise
expressly provided in this Guaranty, shall be deemed to have been duly given or made when delivered
by hand, or five (5) Business Days after being deposited in the mail, postage prepaid, or in the
case of telecopy notice, when received, addressed as follows:

          (a) if to the Agent, at the address provided in Section 15.6 of the Purchase
Agreement; and

          (b) if to GMS, at the following address:

Global
Monitoring Systems, Inc.

c/o American Capital Strategies, Ltd.

461 Fifth Avenue, 26th Floor

New York, NY 10017

Attention:            Robert Klein

                            Dustin Smith

Fax: (212) 213-2060

     Section 12. Governing Law. This Guaranty shall be governed by, and construed in
accordance with, the laws of the State of Maryland, without regard to conflict of law principles.

     Section 13. Severabilitv. Any provision of this Guaranty that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining provisions of this
Guaranty, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.

     Section 14. Integration. This Guaranty, the Purchase Agreement and the Note
represents the entire agreement of GMS, the Agent and the Purchasers with respect to the subject
matter expressed in this Guaranty, and there are no promises, undertakings, representations or
warranties by GMS, the Agent or any Purchaser relative to the subject matter of this Guaranty that
is not expressly set forth or referred to in this Guaranty, the Purchase Agreement or the Note. Any
previous agreement between GMS, the Agent or the Purchasers with respect to the subject matter of
this Guaranty is superseded by this Guaranty, the Purchase Agreement and the Note.

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     Section 15.
Amendments in Writing; No Waiver; Cumulative Remedies.

          (a) None of the terms or provisions of this Guaranty may be waived,
amended, supplemented or otherwise modified except pursuant to a written instrument executed
by the parties hereto.

          (b) No failure to exercise, nor any delay in exercising, on the part of the Agent or any Purchaser, any right, power or privilege under this Guaranty shall operate as a waiver
of this Guaranty. No single or partial exercise of any right, power or privilege under this
Guaranty shall preclude any other or further exercise of this Guaranty or the exercise of any other
right, power or privilege. A waiver by the Agent or any Purchaser of any right or remedy under this
Guaranty on any one occasion shall not be construed as a bar to any right or remedy that the
Agent or such Purchaser would otherwise have on any future occasion.

          (c) The rights and remedies provided in this Guaranty are cumulative, may be
exercised singly or concurrently and are not exclusive of any other rights or remedies
provided by law.

     Section 16. Interpretation. The headings of the sections of this Guaranty are
inserted for convenience only and shall not be deemed to constitute a part hereof for any other
purpose.

     Section 17. Attorney’s Cost. GMS agrees to pay all attorney’s fees and
disbursements and all other actual costs and expenses which may be incurred by the Purchasers or
the Agent in enforcing or obtaining advice of counsel in respect of any rights with respect to this
Guaranty, or collecting any or all of the amounts due under the Note or enforcing any rights with
respect to, or collecting against, GMS under this Guaranty.

     Section 18. Currency of Payment. Any payment to be made by GMS pursuant to this
Guaranty shall be made in the same currency as designated for payment in the Note and such
designation of the currency of payment is of the essence.

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IN
WITNESS WHEREOF, the undersigned has caused this Guaranty to be duly executed and delivered as of the date first above written.

	 	 	 	 	 	 	 
	 	 	GLOBAL MONITORING SYSTEMS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Thomas Logan	 	 
	 

	 	 
	 	 
	 

	 	Name:
	 	Thomas Logan	 	 
	 

	 	Title:
	 	President	 	 
	 
	 	 	 	 	 	 
	 	 	AMERICAN CAPITAL FINANCIAL SERVICES, INC., 

as Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Robert J. Klein	 	 
	 

	 	 
	 	 
	 

	 	Name:
	 	Robert J. Klein	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

 signature
page to the gms/dosimetry nepa guarantyexv10w2w8

Exhibit 10.2.8

WAIVER AGREEMENT TO NOTE AND EQUITY PURCHASE AGREEMENT

     THIS WAIVER AGREEMENT TO NOTE AND EQUITY PURCHASE AGREEMENT (this “Waiver”) is made
and entered into as of June 15, 2009 by and among MIRION TECHNOLOGIES (MGPI), INC. (fka MGP
INSTRUMENTS, INC.), a Delaware corporation (“Borrower”), DOSIMETRY ACQUISITIONS (U.S.),
LLC, a Delaware limited liability company, and successor by merger to Dosimetry Acquisitions
(U.S.), Inc. (“TopCo”) as Guarantor, the securities purchasers that are now and hereafter
at any time parties thereto, the securities purchasers that are now and hereafter at any time
parties hereto and are listed in Annex A (or any amendment or supplement thereto) attached
hereto (each a “Purchaser” and collectively, “Purchasers”), and AMERICAN CAPITAL
FINANCIAL SERVICES, INC., a Delaware corporation (“ACFS”), as administrative and collateral
agent for Purchasers (in such capacity “Agent”).

RECITALS

     WHEREAS, Borrower, Agent and the Purchasers are parties to that certain Amended and Restated
Note and Equity Purchase Agreement, dated as of June 23, 2004 (as amended from time to time, the
“Purchase Agreement”), pursuant to which the Purchasers purchased Notes issued by the
Borrower;

     WHEREAS, as part of a project to change the corporate names of the operating companies within
the Mirion corporate group, Borrower has changed its corporate name from MGP Instruments, Inc. to
Mirion Technologies (MGPI), Inc. on May 27, 2009;

     WHEREAS, as part of an international tax restructuring of the Mirion corporate group, TopCo,
which is a wholly owned subsidiary of Mirion Technologies, Inc. (“Mirion”) desires to
acquire equity ownership of Mirion’s indirect wholly owned subsidiary, Mirion Technologies (IST
France) SAS (fka IST Auxitrol Nuclear SAS);

     WHEREAS, on February 10, 2004, Dosimetry Acquisitions (U.S.), Inc. was incorporated as a
Delaware corporation; on December 15, 2005, Dosimetry Acquisitions (U.S.), LLC was formed as a
Delaware limited liability company; and December 31, 2005 Dosimetry Acquisitions (U.S.), Inc.
merged with and into Dosimetry Acquisitions (U.S.), LLC;

     WHEREAS, the Purchase Agreement requires the Borrower’s board of directors to be the same in
composition as TopCo’s and to meet quarterly but Dosimetry Acquisitions (U.S.), LLC, being a
limited liability company, has no board of directors;

     WHEREAS, Agent and Purchasers have agreed to waive sections of the Purchase Agreement with
respect to the above matters, as set forth and subject to the terms and conditions in this Waiver;

     NOW, THEREFORE, the parties hereto, in consideration of the premises and their mutual
covenants and agreements herein set forth, and intending to be legally bound hereby, covenant and
agree as follow:

 

 

ARTICLE 1

WAIVERS TO PURCHASE AGREEMENT

     1.1 Waiver with Respect to Name Changes.

          1.1.1 Waiver of Notice Period for Changed or Additional Business Names. The
Purchasers hereby waive the Borrower’s obligations and the Purchasers’ rights, solely with respect
to the Borrower’s obligations to provide at least 30 days advance written notice of a change to its
corporate name and establishment of additional trade names, under the Purchase Agreement, including
without limitation Section 7.2(p), and the Purchasers hereby waive any related rights to the extent
such acts have constituted, or will constitute, an Event of Default.

          1.1.2 Waiver of Borrower’s Covenants Not to Amend Charter Documents or Bylaws. The
Purchasers hereby waive the Borrower’s obligations and Purchasers’ rights under the Purchase
Agreement solely with respect to amendments, modifications, termination or waiver of Charter
Documents or Bylaws in connection with Borrower’s change to its corporate name, including without
limitation Section 7.2(k) of the Purchase Agreement, and the Purchasers hereby waive any related
rights to the extent such acts have constituted, or will constitute, an Event of Default.

     1.2 Waiver with Respect to International Tax Restructuring. The Purchasers hereby
waive the Borrower’s obligations and Purchasers’ rights, solely with respect to the transfer of
equity ownership of Mirion Technologies (IST France) SAS to TopCo, under the Purchase Agreement,
including without limitation Sections 7.2(e) and 7.2(f), and the Purchasers hereby waive any
related rights to the extent such acts have constituted, or will constitute, an Event of Default.

     1.3 Waiver of Board Composition and Meeting Requirement. The Purchasers hereby waive
the Borrower’s obligations and Purchasers’ rights, solely with respect to the requirement that the
Borrower’s board of directors be identical in composition to the board of directors of TopCo and
that such board of directors meet at least quarterly, under the Purchase Agreement, including
without limitation Section 7.1(i)(i) of the Purchase Agreement, and the Purchasers hereby waive any
related rights to the extent such acts have constituted, or will constitute, an Event of Default.

ARTICLE 2

AMENDMENTS

     2.1 Amendment with Respect to Name Change. All references to “MGP Instruments, Inc.”
in the Purchase Agreement (and in all other provisions of the Transaction Documents) are hereby
replaced with “Mirion Technologies (MGPI), Inc.”

     2.2  Amendment with Respect to Board of Directors Covenant. Section 7.1(i) is hereby
amended and restated in its entirety to read as follows:

     “(i) Board of Directors.

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     (i) The Borrower’s Board of Directors shall consist of three
(3) directors. Purchasers shall have the right to designate two
(2) directors to the Board of Directors.

     (ii) Intentionally deleted.

     (iii) Members of the Board of Directors of Borrower shall be
reimbursed by Borrower for reasonable out of pocket expenses
incurred in connection with attendance at Board of Directors,
committee and stockholder meetings.

     (iv) Borrower hereby agrees that, notwithstanding the
fiduciary duties a director may have as a director of Borrower, a
director or any observer described in this Section 7.1(i) may
share with Agent or any Purchaser and such Purchaser’s legal and
financial advisors any confidential information related to the
business and operations of the Borrower disclosed to him during
the exercise of his duties as a director of Borrower or his
participation as an observer to the Board of Directors of
Borrower, as the case may be, unless such Board of Directors
specifically directs that such confidential information not be so
disclosed.”

ARTICLE 3

EFFECT OF WAIVER

     3.1 No Waiver or Novation. Except for the waivers and amendments contemplated by this
Waiver, the execution, delivery and effectiveness of this Waiver shall not (i) operate as a waiver
of any future Event of Default, right, power or remedy of the Purchasers, whether created by
contract, at law or in equity, (ii) constitute a waiver of, or consent to and departure from, any
provision of the Purchase Agreement or any other documents, instruments and agreements executed
and/or delivered in connection therewith (the “Note Documents”), or (iii) be construed
and/or deemed to be a satisfaction, novation, cure, modification, amendment or release of the
Notes, the Purchase Agreement or the other Note Documents.

     3.2 Ratification. Except as expressly modified hereby, the Purchase Agreement and all
other Note Documents, shall remain in full force and effect, and are hereby ratified and confirmed.

ARTICLE 4

REPRESENTATIONS AND WARRANTIES

     4.1 Representations and Warranties. The Borrower represents and warrants to Agent and
the Purchasers that (a) it has full power and authority to execute and deliver

3

 

this Waiver and to perform their obligations hereunder, (b) upon the execution and delivery
hereof, this Waiver will be valid, binding and enforceable against Borrower in accordance with its
terms and (c) the Borrower has no defense, counterclaim or offset with respect to the Agreement or
the Notes.

ARTICLE 5

CONDITIONS PRECEDENT

     5.1 Conditions Precedent. The effectiveness of this Waiver is subject to Agent’s
receipt from the Borrower, on or before the date hereof, of an original of this Waiver, duly
executed, and delivered in a manner satisfactory to Agent.

ARTICLE 6

AGENT FEES

     6.1 Agent’s Fees and Expenses. Borrower shall pay or cause to be paid to Agent or its
designee a fee in the amount of $3,000 in consideration for the negotiation of the Waiver.

ARTICLE 7

MISCELLANEOUS

     7.1 Affirmations. The Borrower hereby: (i) affirms all the provisions of the
Purchase Agreement, as modified by this Waiver, and all the provisions of each of the other
Transaction Documents, (ii) agrees that the terms and conditions of the Purchase Agreement, as
modified by this Waiver, and all other Transaction Documents shall continue in full force and
effect, and (iii) except as specifically referenced herein, the execution, delivery and
effectiveness of this Waiver shall not operate as a waiver of any right, power or remedy of ACFS or
the Purchasers, nor constitute a waiver of any provision of the Agreement or any documents and
instruments delivered pursuant to or in connection therewith.

     7.2 Governing Law. This Waiver shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns and shall be governed by and construed
in accordance with the laws of the State of New York, without regard to conflict of laws.

     7.3 Further Assurances. The parties hereto shall, at any time and from time to time
following the execution of this Waiver, execute and deliver all such further instruments and take
all such further action as may be reasonably necessary or appropriate in order to carry out the
provisions of this Waiver.

     7.4 Headings. Section headings in this Waiver are included herein for convenience of
reference only and shall not constitute a part of this Waiver for any other purpose.

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     7.5 Counterparts. This Waiver may be executed by the parties hereto in one or more
counterparts, each of which shall be deemed an original and all of which when taken together shall
constitute one and the same agreement.

     7.6 Severability. Whenever possible, each provision of this Waiver shall be
interpreted in such manner as to be effective and valid under applicable law, but if any provision
of this Waiver is held to be prohibited by or invalid under applicable law in any jurisdiction,
such provision shall be ineffective only to the extent of such prohibition or invalidity, without
invalidating any other provision of this Waiver.

     7.7 Facsimile Signatures. This Waiver may be executed and delivered by facsimile and
upon such delivery the facsimile signature will be deemed to have the same effect as if the
original signature had been delivered to the other party.

     7.8 Integration. This Waiver, the Purchase Agreement and the other Transaction
Documents set forth the entire understanding of the parties hereto with respect to all matters
contemplated hereby and supersede all previous agreements and understandings among them concerning
such matters. No statements or agreements, oral or written, made prior to or at the signing
hereof, shall vary, waive or modify the written terms hereof.

     7.9 Defined Terms. Capitalized terms used in this Waiver and not otherwise defined
herein shall have the meaning ascribed to such terms in the Purchase Agreement.

     7.10 No Third Party Beneficiaries. The terms and provisions of this Waiver shall be
for the sole benefit of the parties hereto and their respective successors and assigns; no other
person, firm, entity or corporation shall have any right, benefit or interest under this Waiver.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

5

 

     IN WITNESS WHEREOF, the parties hereto have executed this Waiver as of the day and year first
above written.

	 	 	 	 	 
	 	BORROWER:

MIRION TECHNOLOGIES (MGPI), INC.

 	 
	 	By:  	/s/ Seth B. Rosen
 	 
	 	 	Name:  	Seth B. Rosen 	 
	 	 	Title:  	Secretary 	 
	 
	 	GUARANTOR:

DOSIMETRY ACQUISITIONS (U.S.), LLC

By its sole member

Mirion Technologies, Inc.

 	 
	 	By:  	/s/ Thomas D. Logan
 	 
	 	 	Name:  	Thomas D. Logan 	 
	 	 	Title:  	Chief Executive Officer 	 
	 

[Signature Page 1 of 2 to MGPI Waiver]

 

 

	 	 	 	 	 
	 	AGENT:

AMERICAN CAPITAL FINANCIAL SERVICES, INC.

 	 
	 	By:  	/s/ Robert Klein
 	 
	 	 	Name:  	Robert Klein 	 
	 	 	Title:  	Vice President 	 
	 
	 	PURCHASERS:

AMERICAN CAPITAL, LTD.

 	 
	 	By:  	/s/ Robert Klein
 	 
	 	 	Name:  	Robert Klein 	 
	 	 	Title:  	Managing Director 	 
	 
	 	ACAS BUSINESS LOAN TRUST 2004-1

 	 
	 	By:  	AMERICAN CAPITAL, LTD., as Servicer
 	 
	 	 	 
	 	By:  	
/s/ Robert Klein
 	 
	 	 	Name:  	Robert Klein 	 
	 	 	Title:  	Managing Director 	 
	 
	 	ACAS BUSINESS LOAN TRUST 2005-1

 	 
	 	By:  	AMERICAN CAPITAL, LTD., as Servicer
 	 
	 	 	 
	 	By:  	

/s/ Robert Klein
 	 
	 	 	Name:  	Robert Klein 	 
	 	 	Title:  	Managing Director 	 
	 

[Signature Page 2 of 2 to MGPI Waiver]

 

 

ANNEX A

INFORMATION RELATING TO PURCHASERS

Name and Address of Purchasers

AMERICAN CAPITAL, LTD.

2 Bethesda Metro Center

14th Floor

Bethesda, MD 20814

ACAS BUSINESS LOAN TRUST 2004-1

ACAS BUSINESS LOAN TRUST 2005-1

c/o American Capital, Ltd., as Servicer

2 Bethesda Metro Center

14th Floor

Bethesda, MD 20814

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}]]