Document:

Ex-10.1 Sixth Amendment to Credit Agreement

 

Exhibit 10.1

SIXTH AMENDMENT TO

AMENDED AND RESTATED CREDIT AGREEMENT

          SIXTH AMENDMENT, dated as of July 13, 2006 (this “Amendment”) to the AMENDED AND
RESTATED CREDIT AGREEMENT, dated as of April 28, 2005 (as amended by the First Amendment, dated as
of August 18, 2005, the Second Amendment, dated as of October 11, 2005, the Third Amendment, dated
as of December 15, 2005, the Fourth Amendment, dated as of April 18, 2006, the Fifth Amendment,
dated as of June 14, 2006, and as further amended, supplemented or otherwise modified from time to
time, the “Credit Agreement”; unless otherwise noted herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement), among
MAPCO EXPRESS, INC., a Delaware corporation (the “Borrower”), the several banks and other
financial institutions or entities from time to time parties to the Credit Agreement (the
“Lenders”), LEHMAN BROTHERS INC., as advisor, sole lead arranger and sole bookrunner (in
such capacity, the “Arranger”), SUNTRUST BANK, as syndication agent (in such capacity, the
“Syndication Agent”), BANK LEUMI USA, as co-administrative agent (in such capacity, the
“Co-Administrative Agent”), and LEHMAN COMMERCIAL PAPER INC., as administrative agent (in
such capacity, the “Administrative Agent”).

W I T N E S S E T H:

          WHEREAS, the Borrower has requested that, pursuant to Section 2.26 of the Credit Agreement,
the Revolving Credit Facility be increased by an amount equal to $50,000,000 to be used for general
corporate purposes, including, without limitation, to finance a portion of the consideration for
the FAST Acquisition or any other acquisition made by the Borrower, to repay the Fast Acquisition
Note, if executed, and to pay related fees and expenses;

          WHEREAS, the Lenders have agreed to permit the amount of the Revolving Credit Facility to be
increased on the terms and conditions set forth in this Amendment and the Credit Agreement;

          WHEREAS, the Borrower requested the Lenders make certain other amendments to the Credit
Agreement on the terms and subject to the conditions set forth herein; and

          WHEREAS, the Lenders have agreed to make such amendments solely upon the terms and conditions
provided for in this Amendment;

          NOW, THEREFORE, in consideration of the premises herein contained and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as
follows:

          1. Defined Terms. Unless otherwise noted herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement.

 

 

          2. Amendment to Section 1.1 of the Credit Agreement (Defined Terms). (a) Section 1.1
of the Credit Agreement is hereby amended by deleting the definitions of “New Lender Supplement”
and “Revolving Credit Commitment” in their respective entireties and substituting in lieu thereof
the following in the appropriate alphabetical order:

          “New Lender Supplement”: with respect to each bank, financial institution or
other entity which shall become a Revolving Credit Lender hereunder pursuant to Section 4 of
the Sixth Amendment.

          “Revolving Credit Commitment”: as to any Lender, the obligation of such
Lender, if any, to make Revolving Credit Loans and participate in Letters of Credit and
Swing Line Loans, in an aggregate principal and/or face amount not to exceed the amount set
forth under the heading “Revolving Credit Commitment” opposite such Lender’s name on
Schedule 1 to the Lender Addendum or New Lender Supplement delivered by such Lender, or, as
the case may be, in the Assignment and Acceptance pursuant to which such Lender became a
party hereto, as the same may be changed from time to time pursuant to the terms hereof and
of the Sixth Amendment. The aggregate amount of the Total Revolving Credit Commitments as
of the Sixth Amendment Effective Date is $120,000,000.

          (b) Section 1.1 of the Credit Agreement is hereby amended by inserting the following new
definitions in the appropriate alphabetical order:

          “Sixth Amendment”: the Sixth Amendment to this Agreement, dated as of July 13,
2006.

          “Sixth Amendment Effective Date”: the Sixth Amendment Effective Date as
defined in Section 5 of the Sixth Amendment, which date is July 13, 2006.

          3. Amendment to Schedule 1.1A (Mortgaged Property) and Schedule 1.1B (Real Property) of
the Credit Agreement. Schedules 1.1A and 1.1B of the Credit Agreement are hereby amended by
adding the information on Annex I (the “New Mortgaged Properties”) hereto to each of such
Schedules.

          4. Revolving Credit Commitment Increase. (a) Any additional bank, financial
institution or other entity which the Borrower selects to offer participation in the increased
Total Revolving Credit Commitments and which elects to become a party to the Amended Credit
Agreement (as defined below) and obtain a Revolving Credit Commitment in an amount so offered and
accepted by it shall execute a New Lender Supplement with the Borrower, the Administrative Agent,
the Swing Line Lender and the Issuing Lenders, substantially in the form of Exhibit B (a “New
Lender Supplement”), whereupon such bank, financial institution or other entity (herein called
a “New Revolving Credit Lender”) shall become a Revolving Credit Lender for all purposes
and to the same extent as if originally a party to the Amended Credit Agreement and shall be bound
by and entitled to the benefits of the Amended Credit Agreement, provided that, the
Revolving Credit Commitment of any such New Revolving Credit Lender shall be in an amount not less
than $5,000,000.

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          (b) Any Revolving Credit Lender that elects to increase its Revolving Credit Commitment shall
execute a Revolving Credit Commitment Increase Supplement with the Borrower, the Administrative
Agent, the Swing Line Lender and the Issuing Lenders, substantially in the form of Exhibit C (a
“Commitment Increase Supplement”), whereupon such Revolving Credit Lender shall be bound by
and entitled to the benefits of the Amended Credit Agreement with respect to the full amount of its
Revolving Credit Commitment as so increased.

          (c) Additional Revolving Credit Loans made on or after the Sixth Amendment Effective Date
shall be made pro rata based on the Revolving Credit Percentages in effect on and after the Sixth
Amendment Effective Date. In the event that on the Sixth Amendment Effective Date there is an
unpaid principal amount of Base Rate Loans, the Borrower shall make prepayments thereof and
borrowings of Base Rate Loans so that, after giving effect thereto, the Base Rate Loans outstanding
are held pro rata based on such new Revolving Credit Percentages. In the event that on the Sixth
Amendment Effective Date there is an unpaid principal amount of Eurodollar Loans, the Borrower
shall make prepayments thereof and borrowings of Eurodollar Loans so that, after giving effect
thereto, the Eurodollar Loans outstanding are held pro rata based on such new Revolving
Percentages, together with any amounts payable pursuant to Section 2.19 of the Amended Credit
Agreement, if any. The Lenders (which are Revolving Lenders under the Credit Agreement (prior to
giving effect to this Amendment), the “Existing Credit Agreement”) hereby waive any
requirements for notice of prepayment and minimum amounts of prepayments of Revolving Credit Loans
(as defined in the Existing Credit Agreement) under the Existing Credit Agreement to the extent
such notice or minimum amounts are required under the Existing Credit Agreement.

          (d) As of the Sixth Amendment Effective Date, the Total Revolving Credit Commitments shall be
increased from $70,000,000 to $120,000,000.

          5. Conditions to Effectiveness. This Amendment shall become effective upon the date
(the “Sixth Amendment Effective Date”) on which the following conditions have been
satisfied:

     (a) Amendment. The Administrative Agent shall have received this Amendment,
executed and delivered by a duly authorized officer of the Borrower.

     (b) Acknowledgment and Consent. The Administrative Agent shall have received
an Acknowledgment and Consent, substantially in the form of Exhibit A hereto, duly executed
and delivered by each Guarantor.

     (c) New Lender Supplements and Commitment Increase Supplements. The
Administrative Agent shall have received (i) a New Lender Supplement, substantially in the
form of Exhibit B to the Sixth Amendment, duly executed and delivered by each New Revolving
Credit Lender, and (ii) a Commitment Increase Supplement, substantially in the form of
Exhibit C to the Sixth Amendment duly executed and delivered by each Revolving Credit Lender
increasing its Revolving Credit Commitment pursuant to Section 4(b) hereof, representing
additional Revolving Credit Commitments in an aggregate amount equal to $50,000,000.

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     (d) Related Agreements. The Administrative Agent shall have received (in a
form reasonably satisfactory to the Administrative Agent), true and correct copies,
certified as to authenticity by the Borrower, of such documents or instruments as may be
reasonably requested by the Administrative Agent, including, without limitation, a copy of
any debt instrument, security agreement or other material contract to which the Loan Parties
may be a party.

     (e) Mortgages. The Administrative Agent shall have received a Mortgage
covering each of the New Mortgaged Properties.

     (f) Title Insurance; Flood Insurance. (i) If requested by the Administrative
Agent, the Administrative Agent shall have received, and the title insurance company issuing
the policy referred to in clause (ii) below (the “Title Insurance Company”) shall
have received, maps or plats of an as-built survey of the sites of the New Mortgaged
Properties, dated a date reasonably satisfactory to the Administrative Agent and the Title
Insurance Company by an independent professional licensed land surveyor reasonably
satisfactory to the Administrative Agent and the Title Insurance Company, which maps or
plats and the surveys on which they are based shall be in form and substance reasonably
satisfactory to the Administrative Agent and the Title Insurance Company and which shall in
any event be sufficient to enable the Title Insurance Company to issue the title policies
referred to below without the standard survey exception and include therein all survey
dependant endorsements reasonably requested by the Administrative Agent.

     (ii) The Administrative Agent shall have received in respect of each New
Mortgaged Property a mortgagee’s title insurance policy (or policies) or marked up
unconditional binder for such insurance. Each such policy shall (A) be in an
amount satisfactory to the Administrative Agent; (B) be issued at ordinary rates;
(C) insure that the Mortgage insured thereby creates a valid first Lien on such New
Mortgaged Property free and clear of all defects and encumbrances, except as
disclosed therein and are determined by the Administrative Agent to be acceptable;
(D) name the Administrative Agent for the benefit of the Secured Parties as the
insured thereunder; (E) be in the form of ALTA Loan Policy — 1970 (Amended 10/17/70
and 10/17/84) (or equivalent policies); (F) contain such endorsements and
affirmative coverage as the Administrative Agent may reasonably request and (G) be
issued by title companies satisfactory to the Administrative Agent (including any
such title companies acting as co-insurers or reinsurers, at the option of the
Administrative Agent). The Administrative Agent shall have received evidence
satisfactory to it that all premiums in respect of each such policy, all charges
for mortgage recording tax, and all related expenses, if any, have been paid.

     (iii) Subject to Section 7 below, the Administrative Agent shall have received
(A) a policy of flood insurance that (1) covers any parcel of improved real
property that is encumbered by any Mortgage to the extent the applicable New
Mortgaged Property is located in an area designated as a special flood zone hazard
by the Secretary of Housing and Urban Development, (2) is written in an

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amount not less than the outstanding principal amount of the indebtedness
secured by such Mortgage that is reasonably allocable to such real property or the
maximum limit of coverage made available with respect to the particular type of
property under the National Flood Insurance Act of 1968, whichever is less, and (3)
has a term ending not later than the maturity of the indebtedness secured by such
Mortgage or that may be extended to such maturity date and (B) confirmation that
the Borrowers have received the notice required pursuant to Section 208(e)(3) of
Regulation H of the Board.

     (iv) The Administrative Agent shall have received a copy of all recorded
documents referred to, or listed as exceptions to title in, the title policy or
policies referred to in clause (ii) above and a copy of all other material
documents affecting the New Mortgaged Properties.

     (g) Appraisals; Leasehold Property Requirements. The Administrative Agent
shall have received a satisfactory appraisal of all fee owned and leasehold properties from
a firm reasonably satisfactory to the Administrative Agent for each New Mortgaged Property
on the Sixth Amendment Effective Date, provided that, with respect to such New
Mortgaged Property consisting of leasehold interests, (A) the Borrower has delivered on or
prior to the Sixth Amendment Effective Date a related lease in recordable form (or a
memorandum thereof in recordable form) (unless under applicable law such recorded instrument
is not necessary in order for the Administrative Agent to have a perfected Lien on the
applicable New Mortgaged Property), (B) the applicable landlord executes and delivers an
agreement substantially the form attached as Exhibit D-4 to the Credit Agreement, with such
changes thereto as may be reasonably approved by the Administrative Agent, or in the form
attached hereto as Exhibit E, and (C) subject to Section 7 below, a recent survey of the
related leased real property conforming to Section 5(f)(i) hereof, reasonably satisfactory
to the Administrative Agent (subject, in the case of surveys, to exceptions consented to by
the Administrative Agent in its sole discretion).

     (h) Environmental Matters. The Lenders shall have received a satisfactory
environmental review with respect to the New Mortgaged Properties.

     (i) Fees, etc. The Administrative Agent shall have received all fees required
to be paid, and all expenses for which invoices have been presented supported by customary
documentation (including reasonable fees, disbursements and other charges of counsel to the
Administrative Agent), on or before the Sixth Amendment Effective Date. All such amounts
will be paid with proceeds of Revolving Credit Loans made on the Sixth Amendment Effective
Date and will be reflected in the funding instructions given by the Borrower to the
Administrative Agent on or before the Sixth Amendment Effective Date.

     (j) Resolutions, etc. On or before the Sixth Amendment Effective Date, all
corporate and other proceedings taken or to be taken in connection with this Amendment shall
be reasonably satisfactory in form and substance to Administrative Agent and its counsel,
and Administrative Agent and such counsel shall have received all such

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counterpart originals or certified copies of such documents as Administrative Agent may
reasonably request.

     (k) Borrower Certificate. The Administrative Agent shall have received a
certificate of the Borrower, dated the Sixth Amendment Effective Date, in form and substance
reasonably satisfactory to the Administrative Agent.

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

     (i) the legal opinion of Fulbright & Jaworski L.L.P., counsel to the Loan
Parties, substantially in the form of Exhibit D; and

     (ii) the legal opinion of Kilpatrick Stockton LLP, Georgia.

Each such legal opinion shall cover such other matters incident to the transactions
contemplated by this Amendment as the Administrative Agent may reasonably require and
shall be addressed to the Administrative Agent and the Lenders.

     (m) Consents, Approvals, etc. All material governmental and third party
approvals necessary in connection with the increase in the Revolving Credit Facility, the
continuing operations of the Loan Parties and the other transactions contemplated hereby
shall have been obtained and be in full force and effect.

     6. Representations and Warranties. The Borrowers hereby represent and warrant to the
Administrative Agent and each Lender that (before and after giving effect to this Amendment):

     (a) Each Loan Party has the corporate power and authority, and the legal right, to
make, deliver and perform this Amendment and the Acknowledgment and Consent (the
“Amendment Documents”) to which it is a party and, in the case of the Borrower, to
borrow under the Credit Agreement as amended hereby. Each Loan Party has taken all
necessary corporate or other action to authorize the execution, delivery and performance of
the Amendment Documents to which it is a party and, in the case of the Borrower, to
authorize the borrowings on the terms and conditions of the Credit Agreement as amended by
this Amendment (the “Amended Credit Agreement”). No consent or authorization of,
filing with, notice to or other act by or in respect of, any Governmental Authority or any
other Person is required in connection with the Amendment Documents, the borrowings under
the Amended Credit Agreement or the execution, delivery, performance, validity or
enforceability of this Amendment or the Acknowledgment and Consent, except (i) consents,
authorizations, filings and notices which have been obtained or made and are in full force
and effect and (ii) the filings referred to in Section 4.19 of the Credit Agreement. Each
Amendment Document has been duly executed and delivered on behalf of each Loan Party that is
a party thereto. Each Amendment Document and the Amended Credit Agreement constitutes a
legal, valid and binding obligation of each Loan Party that is a party thereto, enforceable
against each such Loan Party in accordance with its terms, except as enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws

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affecting the enforcement of creditors’ rights generally and by general equitable
principles (whether enforcement is sought by proceedings in equity or at law).

     (b) The execution, delivery and performance of the Amendment Documents, the borrowings
under the Amended Credit Agreement and the use of the proceeds thereof will not violate any
Requirement of Law or any Contractual Obligation of the Borrower or any of its Subsidiaries
and will not result in, or require, the creation or imposition of any Lien on any of their
respective properties or revenues pursuant to any Requirement of Law or any such Contractual
Obligation (other than the Liens created by the Security Documents).

     (c) Each of the representations and warranties made by any Loan Party herein or in or
pursuant to the Loan Documents is true and correct in all material respects on and as of the
Sixth Amendment Effective Date as if made on and as of such date (except that any
representation or warranty which by its terms is made as of an earlier date shall be true
and correct in all material respects as of such earlier date).

     (d) The Borrower and the other Loan Parties have performed in all material respects all
agreements and satisfied all conditions which this Amendment and the other Loan Documents
provide shall be performed or satisfied by the Borrower or the other Loan Parties on or
before the Sixth Amendment Effective Date.

     (e) After giving effect to this Amendment, no Default or Event of Default has occurred
and is continuing, or will result from the consummation of the transactions contemplated by
this Amendment.

          7. Post-Closing Covenant. On or prior to the date that is 30 days after the Sixth
Amendment Effective Date, the Borrower shall provide to the Administrative Agent (i) (A) evidence
reasonably satisfactory to the Administrative Agent of flood insurance covering each of the sites
numbered 185, 191, 194, 205 and 219 on Annex I attached hereto or (B) evidence reasonably
satisfactory to the Administrative Agent that such flood insurance is not required under applicable
law and (ii) all surveys required pursuant to Section 5(f)(i) hereof and not previously delivered
to the Administrative Agent on or prior to the Sixth Amendment Effective Date.

          8. Payment of Expenses. The Borrower agrees to pay or reimburse the Administrative
Agent for all of its reasonable out-of-pocket costs and expenses incurred in connection with this
Amendment, any other documents prepared in connection herewith and the transactions contemplated
hereby, including, without limitation, the reasonable fees and disbursements of counsel to the
Administrative Agent.

          9. Limited Effect. Except as expressly provided hereby, all of the terms and
provisions of the Credit Agreement and the other Loan Documents are and shall remain in full force
and effect. The amendments contained herein shall not be construed as a waiver or amendment of any
other provision of the Credit Agreement or the other Loan Documents or for any purpose except as
expressly set forth herein or a consent to any further or future action on

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the part of the Borrower that would require the waiver or consent of the Administrative Agent
or the Lenders.

          10. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

          11. Miscellaneous. (a) This Amendment may be executed by one or more of the parties
to this Agreement on any number of separate counterparts, and all of said counterparts taken
together shall be deemed to constitute one and the same instrument. A set of the copies of this
Amendment and the Lender Consent Letters signed by all the parties shall be lodged with the
Borrower and the Administrative Agent. This Amendment may be delivered by facsimile transmission
of the relevant signature pages hereof.

     (b) The execution and delivery of the Lender Consent Letter by any Lender shall be
binding upon each of its successors and assigns (including assignees of its Loans in whole
or in part prior to effectiveness hereof).

[SIGNATURE PAGES FOLLOW]

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ANNEX 1

TO SIXTH AMENDMENT

          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered by their respective proper and duly authorized officers as of the day and year first
above written.

	 	 	 	 	 
	 	MAPCO EXPRESS, INC.

 	 
	 	By:  	/s/ Tony McLarty
 	 
	 	 	Name:  	Tony Mcarty 	 
	 	 	Title:  	VP Human Resources 	 

	 	 	 	 	 
	 	 	 
	 	By:  	                                             /s/ Edward Morgan
 	 
	 	 	Name:  	Edward Morgan 	 
	 	 	Title:  	Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	LEHMAN COMMERCIAL PAPER INC., as
Administrative Agent

 	 
	 	By:  	/s/ Ritam Bhalla
 	 
	 	 	Name:  	Ritam Bhalla 	 
	 	 	Title:  	Authorized Signatory 	 
	 

9Ex-10.2 July 31, 2006 Credit Agreement

 

Exhibit 10.2

 

 

Credit Agreement

Among

Delek Marketing & Supply, LP

Various Lenders

From Time to Time Party Hereto

and

Fifth Third Bank, an Ohio banking corporation,

as Administrative Agent and L/C Issuer

Dated as of July 31, 2006

 

 

Fifth Third Bank, as Lead Arranger and Sole Book Runner

 

 

 

 

Table of Contents

	 	 	 	 	 	 	 
	Section	 	Heading	 	Page	 
	Section 1.
	 	Definitions; Interpretation	 	 	 1	 
	 
	 	 	 	 	 	 
	Section 1.1.
	 	Definitions	 	 	1	 
	Section 1.2.
	 	Interpretation	 	 	16	 
	Section 1.3.
	 	Change in Accounting Principles	 	 	17	 
	 
	 	 	 	 	 	 
	Section 2.
	 	The Credit Facilities	 	 	17	 
	 
	Section 2.1.
	 	Commitments	 	 	17	 
	Section 2.2.
	 	Letters of Credit	 	 	17	 
	Section 2.3.
	 	Applicable Interest Rates	 	 	20	 
	Section 2.4.
	 	Manner of Borrowing Loans and Designating Applicable Interest Rates	 	 	21	 
	Section 2.5.
	 	Minimum Borrowing Amounts; Maximum Eurodollar Loans	 	 	23	 
	Section 2.6.
	 	Maturity of Loans	 	 	23	 
	Section 2.7.
	 	Voluntary Prepayments	 	 	23	 
	Section 2.8.
	 	Place and Application of Payments	 	 	24	 
	Section 2.9.
	 	Commitment Terminations	 	 	25	 
	Section 2.10.
	 	Swing Loans	 	 	25	 
	Section 2.11.
	 	Evidence of Indebtedness	 	 	27	 
	Section 2.12.
	 	Fees	 	 	27	 
	Section 2.13.
	 	Account Debit	 	 	28	 
	 
	 	 	 	 	 	 
	Section 3.
	 	Conditions Precedent	 	 	29	 
	 
	 	 	 	 	 	 
	Section 3.1.
	 	All Credit Events	 	 	29	 
	Section 3.2.
	 	Initial Credit Event	 	 	29	 
	 
	 	 	 	 	 	 
	Section 4.
	 	The Collateral and Guaranties	 	 	33	 
	 
	 	 	 	 	 	 
	Section 4.1.
	 	Collateral	 	 	33	 
	Section 4.2.
	 	Liens on Real Property	 	 	34	 
	Section 4.3.
	 	Guaranties	 	 	34	 
	Section 4.4.
	 	Further Assurances	 	 	34	 
	 
	 	 	 	 	 	 
	Section 5.
	 	Representations and Warranties	 	 	34	 
	 
	 	 	 	 	 	 
	Section 5.1.
	 	Organization and Qualification	 	 	34	 
	Section 5.2.
	 	Authority and Enforceability	 	 	35	 
	Section 5.3.
	 	Financial Reports	 	 	35	 
	Section 5.4.
	 	No Material Adverse Change	 	 	35	 
	Section 5.5.
	 	Litigation and other Controversies	 	 	35	 
	Section 5.6.
	 	True and Complete Disclosure	 	 	36	 
	Section 5.7.
	 	Use of Proceeds; Margin Stock	 	 	36	 
	Section 5.8.
	 	Taxes	 	 	36	 

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	Section	 	Heading	 	Page	 
	Section 5.9.
	 	ERISA	 	 	36	 
	Section 5.10.
	 	Subsidiaries	 	 	36	 
	Section 5.11.
	 	Compliance with Laws	 	 	37	 
	Section 5.12.
	 	Environmental Matters	 	 	37	 
	Section 5.13.
	 	Investment Company	 	 	37	 
	Section 5.14.
	 	Intellectual Property	 	 	37	 
	Section 5.15.
	 	Good Title	 	 	37	 
	Section 5.16.
	 	Labor Relations	 	 	37	 
	Section 5.17.
	 	Capitalization	 	 	38	 
	Section 5.18.
	 	Other Agreements	 	 	38	 
	Section 5.19.
	 	Governmental Authority and Licensing	 	 	38	 
	Section 5.20.
	 	Approvals	 	 	38	 
	Section 5.21.
	 	Affiliate Transactions	 	 	38	 
	Section 5.22.
	 	Solvency	 	 	38	 
	Section 5.23.
	 	No Broker Fees	 	 	39	 
	Section 5.24.
	 	Foreign Assets Control Regulations and Anti-Money Laundering	 	 	39	 
	Section 5.25.
	 	Purchase Agreement	 	 	39	 
	Section 5.26.
	 	SunTrust Agreement	 	 	39	 
	 
	 	 	 	 	 	 
	Section 6.
	 	Covenants	 	 	40	 
	 
	 	 	 	 	 	 
	Section 6.1.
	 	Information Covenants	 	 	40	 
	Section 6.2.
	 	Inspections	 	 	43	 
	Section 6.3.
	 	Maintenance of Property, Insurance, Environmental Matters, etc	 	 	43	 
	Section 6.4.
	 	Preservation of Existence	 	 	44	 
	Section 6.5.
	 	Compliance with Laws	 	 	44	 
	Section 6.6.
	 	ERISA	 	 	44	 
	Section 6.7.
	 	Payment of Taxes	 	 	45	 
	Section 6.8.
	 	Contracts With Affiliates	 	 	45	 
	Section 6.9.
	 	No Changes in Fiscal Year	 	 	45	 
	Section 6.10.
	 	Change in the Nature of Business	 	 	45	 
	Section 6.11.
	 	Indebtedness	 	 	45	 
	Section 6.12.
	 	Liens	 	 	46	 
	Section 6.13.
	 	Consolidation, Merger, Sale of Assets, etc	 	 	47	 
	Section 6.14.
	 	Advances, Investments and Loans	 	 	48	 
	Section 6.15.
	 	Dividends and Certain Other Restricted Payments	 	 	48	 
	Section 6.16.
	 	Limitation on Restrictions	 	 	49	 
	Section 6.17.
	 	Limitation on the Creation of Subsidiaries	 	 	49	 
	Section 6.18.
	 	OFAC	 	 	49	 
	Section 6.19.
	 	Financial Covenants	 	 	49	 
	Section 6.20.
	 	Deposit Accounts	 	 	50	 
	 
	 	 	 	 	 	 
	Section 7.
	 	Events of Default and Remedies	 	 	50	 
	 
	 	 	 	 	 	 
	Section 7.1.
	 	Events of Default	 	 	50	 

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	Section	 	Heading	 	Page	 
	Section 7.2.
	 	Non-Bankruptcy Defaults	 	 	52	 
	Section 7.3.
	 	Bankruptcy Defaults	 	 	52	 
	Section 7.4.
	 	Collateral for Undrawn Letters of Credit	 	 	53	 
	Section 7.5.
	 	Notice of Default	 	 	53	 
	Section 7.6.
	 	Expenses	 	 	53	 
	 
	 	 	 	 	 	 
	Section 8.
	 	Change in Circumstances and Contingencies	 	 	54	 
	 
	 	 	 	 	 	 
	Section 8.1.
	 	Funding Indemnity	 	 	54	 
	Section 8.2.
	 	Illegality	 	 	54	 
	Section 8.3.
	 	Unavailability of Deposits or Inability to Ascertain, or Inadequacy of, LIBOR	 	 	55	 
	Section 8.4.
	 	Yield Protection	 	 	55	 
	Section 8.5.
	 	Substitution of Lenders	 	 	56	 
	Section 8.6.
	 	Lending Offices	 	 	57	 
	Section 8.7.
	 	Discretion of Lender as to Manner of Funding	 	 	57	 
	 
	 	 	 	 	 	 
	Section 9.
	 	The Administrative Agent	 	 	57	 
	 
	 	 	 	 	 	 
	Section 9.1.
	 	Appointment and Authorization of Administrative Agent	 	 	57	 
	Section 9.2.
	 	Administrative Agent and its Affiliates	 	 	57	 
	Section 9.3.
	 	Action by Administrative Agent	 	 	58	 
	Section 9.4.
	 	Consultation with Experts	 	 	58	 
	Section 9.5.
	 	Liability of Administrative Agent; Credit Decision	 	 	58	 
	Section 9.6.
	 	Indemnity	 	 	59	 
	Section 9.7.
	 	Resignation of Administrative Agent and Successor Administrative Agent	 	 	59	 
	Section 9.8.
	 	L/C Issuer	 	 	60	 
	Section 9.9.
	 	Hedging Liability and Funds Transfer and Deposit Account Liability Arrangements	 	 	60	 
	Section 9.10.
	 	Designation of Additional Administrative Agents	 	 	60	 
	Section 9.11.
	 	Authorization to Enter into, and Enforcement of, the Collateral Documents	 	 	60	 
	 
	 	 	 	 	 	 
	Section 10.
	 	Miscellaneous	 	 	61	 
	 
	 	 	 	 	 	 
	Section 10.1.
	 	Withholding Taxes	 	 	61	 
	Section 10.2.
	 	No Waiver, Cumulative Remedies	 	 	63	 
	Section 10.3.
	 	Non-Business Days	 	 	63	 
	Section 10.4.
	 	Documentary Taxes	 	 	64	 
	Section 10.5.
	 	Survival of Representations	 	 	64	 
	Section 10.6.
	 	Survival of Indemnities	 	 	64	 
	Section 10.7.
	 	Sharing of Set-Off	 	 	64	 
	Section 10.8.
	 	Notices	 	 	64	 
	Section 10.9.
	 	Counterparts	 	 	65	 
	Section 10.10.
	 	Successors and Assigns; Assignments and Participations	 	 	65	 
	Section 10.11.
	 	Amendments	 	 	68	 
	Section 10.12.
	 	Heading	 	 	69	 

-iii-

 

	 	 	 	 	 	 	 
	Section	 	Heading	 	Page	 
	Section 10.13.
	 	Costs and Expenses; Indemnification	 	 	69	 
	Section 10.14.
	 	Set-off	 	 	70	 
	Section 10.15.
	 	Entire Agreement	 	 	70	 
	Section 10.16.
	 	Governing Law	 	 	70	 
	Section 10.17.
	 	Severability of Provisions	 	 	70	 
	Section 10.18.
	 	Excess Interest	 	 	70	 
	Section 10.19.
	 	Construction	 	 	71	 
	Section 10.20.
	 	Lender’s Obligations Several	 	 	71	 
	Section 10.21.
	 	USA Patriot Act	 	 	71	 
	Section 10.22.
	 	Submission to Jurisdiction; Waiver of Jury Trial	 	 	71	 
	 
	 	 	 	 	 	 
	Signature Page
	 	 	 	 	S-1	 

	 	 	 	 	 
	Exhibit A

	 	—
	 	Notice of Payment Request
	Exhibit B

	 	—
	 	Notice of Borrowing
	Exhibit C

	 	—
	 	Notice of Continuation/Conversion
	Exhibit D-1

	 	—
	 	Revolving Note
	Exhibit D-2

	 	—
	 	Swing Note
	Exhibit E

	 	—
	 	Compliance Certificate
	Exhibit F

	 	—
	 	Assignment and Assumption
	Schedule 1

	 	—
	 	Commitments
	Schedule 5.10

	 	—
	 	Subsidiaries
	Schedule 5.12

	 	—
	 	Environmental Matters
	Schedule 5.25

	 	—
	 	Purchase Agreement

-iv-

 

Exhibit 10.2

Credit Agreement

     This Credit Agreement is entered into as of July 31, 2006, by and among Delek Marketing &
Supply, LP, a Delaware limited partnership (the “Borrower”), the various institutions from
time to time party to this Agreement, as Lenders, and Fifth Third Bank, an Ohio banking
corporation, as Administrative Agent and L/C Issuer.

     The Borrower has requested, and the Lenders have agreed to extend, certain credit facilities
on the terms and conditions of this Agreement. In consideration of the mutual agreements set forth
in this Agreement, the parties to this Agreement agree as follows:

Section 1. Definitions; Interpretation.

     Section 1.1. Definitions. The following terms when used herein shall have the following
meanings:

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

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

     “Adjusted LIBOR” means, for any Borrowing of Eurodollar Loans, a rate per annum equal to the
quotient of (i) LIBOR, divided by (ii) one minus the Reserve Percentage.

     “Administrative Agent” means Fifth Third Bank, an Ohio banking corporation, as contractual
representative for itself and the other Lenders and any successor pursuant to Section 9.7 hereof.

     “Administrative Agent’s Quoted Rate” is defined in Section 2.10(c) hereof.

     “Administrative Questionnaire” means, with respect to each Lender, an Administrative
Questionnaire in a form supplied by the Administrative Agent and duly completed by such Lender.

     “Affiliate” means any Person directly or indirectly controlling or controlled by, or under
direct or indirect common control with, another Person. A Person shall be deemed to control
another Person for the purposes of this definition if such Person possesses, directly or
indirectly, the power to direct, or cause the direction of, the management and policies of the
other Person, whether through the ownership of voting securities, common directors, trustees or
officers, by contract or otherwise; provided that, in any event for purposes of this definition, any Person
that

 

 

 owns, directly or indirectly, 10% or more of the securities having the ordinary voting power
for the election of directors or governing body of a corporation or 10% or more of the partnership
or other ownership interest of any other Person (other than as a limited partner of such other
Person) will be deemed to control such corporation or other Person.

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

     “Applicable Margin” means, with respect to Loans, Reimbursement Obligations, and the
commitment fees and letter of credit fees payable under Section 2.12 hereof, (i) until the first
Pricing Date, the rates per annum shown opposite Level II below, and (ii) thereafter from one
Pricing Date to the next Pricing Date the Applicable Margin means the rates per annum determined in
accordance with the following schedule; provided, however, that on and after the date which is
ninety (90) days after the Closing Date, each and all of the rates per annum set forth in the
following schedule shall be automatically increased by .50% per annum:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Applicable Margin for	 	Applicable Margin for	 	 
	 	 	 	 	Base Rate Loans and	 	Eurodollar Loans	 	Applicable Margin for
	 	 	Leverage Ratio for	 	Reimbursement	 	and Letter of Credit Fee	 	Commitment Fee
	Level	 	such Pricing Date	 	Obligations shall be:	 	shall be:	 	shall be:
	I
	 	Greater than 3.5 to 1.0

	 	 	1.00	%	 	 	2.50	%	 	 	.50	%
	II
	 	Less than or equal to 3.5
to 1.0, but greater than
3.0 to 1.0

	 	 	.75	%	 	 	2.25	%	 	 	.45	%
	III
	 	Less than or equal to 3.0
to 1.0, but greater than
2.5 to 1.0

	 	 	.50	%	 	 	2.00	%	 	 	.40	%
	IV
	 	Less than or equal to 2.5
to 1.0, but greater than
2.0 to 1.0

	 	 	.25	%	 	 	1.75	%	 	 	.35	%
	V
	 	Less than or equal to 2.0
to 1.0

	 	 	0.00	%	 	 	1.50	%	 	 	.30	%

For purposes hereof, the term “Pricing Date” means, for any fiscal quarter of the Borrower
ending on or after September 30, 2006, the date on which the Administrative Agent is in receipt of
the Borrower’s most recent financial statements (and, in the case of the year-end financial
statements, audit report) for the fiscal quarter then ended, pursuant to Section 6.1 hereof. The
Applicable Margin shall be established based on the Leverage Ratio for the most recently completed
fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in effect until
the next Pricing Date. If the Borrower has not delivered its financial statements by the date such
financial statements (and, in the case of the year-end financial statements, audit report) are
required to be delivered under Section 6.1 hereof, until such financial statements and audit report
are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., the Leverage
Ratio shall be deemed to be greater than 3.5 to 1.0). If the Borrower subsequently
delivers such financial statements before the next Pricing Date, the Applicable Margin

-2-

 

established
by such late delivered financial statements shall take effect from the date of delivery until the
next Pricing Date. In all other circumstances, the Applicable Margin established by such financial
statements shall be in effect from the Pricing Date that occurs immediately after the end of the
fiscal quarter covered by such financial statements until the next Pricing Date. Each
determination of the Applicable Margin made by the Administrative Agent in accordance with the
foregoing shall be conclusive and binding on the Borrower and the Lenders absent manifest error.

     “Application” is defined in Section 2.2(b) hereof.

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

     “Assignment and Assumption” means an assignment and assumption entered into by a Lender and an
Eligible Assignee (with the consent of any party whose consent is required by Section 10.10), and
accepted by the Administrative Agent, in substantially the form of Exhibit F or any other form
approved by the Administrative Agent.

     “Authorized Representative” means those persons shown on the list of officers provided by the
Borrower pursuant to Section 3.2 hereof or on any update of any such list provided by the Borrower
to the Administrative Agent, or any further or different officers of the Borrower so named by any
Authorized Representative of the Borrower in a written notice to the Administrative Agent.

     “Base Rate” means for any day the greater of: (i) the rate of interest announced by the
Administrative Agent from time to time as its “prime rate” as in effect on such day, with any
change in the Base Rate resulting from a change in said prime rate to be effective as of the date
of the relevant change in said prime rate (it being acknowledged that such rate may not be the
Administrative Agent’s best or lowest rate) and (ii) the sum of (x) the Federal Funds Rate, plus
(y) 1/2 of 1%.

     “Base Rate Loan” means a Loan bearing interest at a rate specified in Section 2.3(a) hereof.

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

     “Borrowing” means the total of Loans of a single type advanced, continued for an additional
Interest Period, or converted from a different type into such type by the Lenders on a single date
and, in the case of Eurodollar Loans, for a single Interest Period. Borrowings of Loans are made
and maintained ratably from each of the Lenders according to their Percentages. A Borrowing is
“advanced” on the day Lenders advance funds comprising such Borrowing to the Borrower, is
“continued” on the date a new Interest Period for the same type of Loans commences for such Borrowing, and is “converted” when such Borrowing is changed from one

-3-

 

type
of Loans to the other, all as requested by the Borrower pursuant to Section 2.4(a) hereof.
Borrowings of Swing Loans are made by the Administrative Agent in accordance with the procedures
set forth in Section 2.10 hereof.

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

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

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

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

     “Cash Equivalents” shall mean, as to any Person: (a) investments in direct obligations of the
United States of America or of any agency or instrumentality thereof whose obligations constitute
full faith and credit obligations of the United States of America, provided that any such
obligations shall mature within one year of the date of issuance thereof; (b) investments in
commercial paper rated at least P-2 by Moody’s and at least A-2 by S&P maturing within one year of
the date of issuance thereof; (c) investments in certificates of deposit issued by any Lender or by
any United States commercial bank having capital and surplus of not less than $100,000,000 which
have a maturity of one year or less; (d) investments in repurchase obligations with a term of not
more than 7 days for underlying securities of the types described in clause (a) above entered into
with any bank meeting the qualifications specified in clause (c) above, provided all such
agreements require physical delivery of the securities securing such repurchase agreement, except
those delivered through the Federal Reserve Book Entry System; (e) auction rate securities (in a
maximum $25,000,000 notional amount with respect to any single issue) with intermediate to
perpetual maturities that are structured with short term holding periods of 7-49 days and whose
long-term debt rating as of the date of purchase thereof is not less than any two of the following:
“A2” by Moody’s, “A” by S&P or “A” by Fitch; (f) investments in money market funds that invest
solely, and which are restricted by their respective charters to invest solely, in investments of
the type described in the immediately preceding subsections (a), (b), (c), (d) and (e) above.

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

-4-

 

     “Change of Control” means any of (a) the acquisition by any “person” or “group” (as such terms
are used in sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) at any
time of beneficial ownership of 30% or more of the outstanding equity interests of the Borrower on
a fully-diluted basis, other than acquisitions of such interests by Holdings or a Person or Persons
that is a Subsidiary of Holdings, (b) the failure of natural persons who are members of the board
of directors (or similar governing body) of the general partner of the Borrower on the Closing Date
(together with any new or replacement directors whose initial nomination for election was approved
by a majority of the directors who were either directors on the Closing Date or previously so
approved) to constitute a majority of the board of directors (or similar governing body) of the
Borrower, or (c) any “Change of Control” (or words of like import), as defined in any agreement or
indenture relating to any issue of Indebtedness of Borrower, shall occur.

     “Closing Date” means the date of this Agreement or such later Business Day upon which each
condition described in Section 3.2 shall be satisfied or waived in a manner acceptable to the
Administrative Agent in its discretion.

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

     “Collateral” means all properties, rights, interests, and privileges from time to time subject
to the Liens granted to the Administrative Agent, or any security trustee therefor, by the
Collateral Documents.

     “Collateral Account” is defined in Section 7.4 hereof.

     “Collateral Documents” means the Deeds of Trust, the Security Agreement, and all other
mortgages, deeds of trust, security agreements, pledge agreements, account control agreements,
assignments, financing statements and other documents as shall from time to time secure or relate
to the Obligations, the Hedging Liability, and the Funds Transfer and Deposit Account Liability, or
any part thereof, other than Hedge Agreements.

     “Commitment” means, as to any Lender, the obligation of such Lender to make Revolving Loans
and to participate in Swing Loans and Letters of Credit issued for the account of the Borrower
hereunder in an aggregate principal or face amount at any one time outstanding not to exceed the
amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof,
as the same may be reduced or modified at any time or from time to time pursuant to the terms
hereof. The Borrower and the Lenders acknowledge and agree that the Commitments of the Lenders
aggregate $50,000,000 on the date hereof.

     “Contingent Obligation” shall mean as to any Person, any obligation of such Person
guaranteeing or intended to guarantee any Indebtedness(“primary obligations”) of any other
Person (the “primary obligor”) in any manner, whether directly or indirectly, including,
without limitation, any obligation of such Person, whether or not contingent, (i) to purchase any
such primary obligation or any Property constituting direct or indirect security therefor or (ii)
to advance or supply funds (x) for the purchase or payment of any such primary obligation or (y) to

-5-

 

maintain working capital or equity capital of the primary obligor or otherwise to maintain the net
worth or solvency of the primary obligor; provided, however, that the term Contingent Obligation
shall not include endorsements of instruments for deposit or collection in the ordinary course of
business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the
stated or determinable amount of the primary obligation in respect of which such Contingent
Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability
in respect thereof (assuming such Person is required to perform thereunder) as determined by such
Person in good faith.

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

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

     “Damages” means all damages including, without limitation, punitive damages, liabilities,
costs, expenses, losses, judgments, diminutions in value, fines, penalties, demands, claims, cost
recovery actions, lawsuits, administrative proceedings, orders, response action, removal and
remedial costs, compliance costs, investigation expenses, consultant fees, attorneys’ fees and
litigation expenses.

     “Deeds of Trust” means, collectively, each Deed of Trust, Assignment of Rents, Security
Agreement and Fixture Filing between the Borrower and the Administrative Agent relating to the
Borrower’s real property, fixtures and interests in real property owned as of the Closing Date and
located in the state of Texas and any other mortgages or deeds of trust delivered to the
Administrative Agent pursuant to Section 4.2 hereof, as the same may be amended, modified,
supplemented or restated from time to time.

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

     “Disposition” means the sale, lease, conveyance or other disposition of Property, other than
sales or other dispositions expressly permitted under Sections 6.13(a) or 6.13(b) hereof.

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

     “EBITDA” means, with reference to any period, Net Income for such period plus the sum of all
amounts deducted in arriving at such Net Income amount in respect of (a) Interest Expense for such
period, (b) federal, state, and local income taxes for such period, and (c) depreciation of fixed
assets and amortization of intangible assets for such period; provided,
however, that notwithstanding anything in this definition to the contrary, EBITDA for the
following periods (of portions thereof) shall be deemed by the parties hereto to be, $1,172,000 for
the Fiscal quarter of the Borrower ending September 30, 2005, $4,426,000 for the fiscal quarter of
the Borrower ending December 31, 2005, $2,783,000 for the fiscal quarter of the

-6-

 

Borrower ending
March 31, 2006, $3,035,000 for the fiscal quarter of the Borrower ending June 30, 2006, and the
July 2006 Income for the first month of the fiscal quarter of the Borrower ending September 30,
2006.

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

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

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

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

     “Eurodollar Loan” means a Loan bearing interest at the rate specified in Section 2.4(b)
hereof.

     “Event of Default” means any event or condition identified as such in Section 7.1 hereof.

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

     “Federal Funds Rate” means for any day the rate determined by the Administrative Agent to be
the average (rounded upward, if necessary, to the next higher 1/100 of 1%) of the rates per annum
quoted to the Administrative Agent at approximately 10:00 a.m. (Cincinnati time) (or as soon
thereafter as is practicable) on such day (or, if such day is not a Business Day,

-7-

 

on the
immediately preceding Business Day) by two or more Federal funds brokers selected by the
Administrative Agent for sale to the Administrative Agent at face value of Federal funds in the
secondary market in an amount equal or comparable to the principal amount owed to the
Administrative Agent for which such rate is being determined.

     “Fixed Charges” means, with reference to any period, the sum of (a) all payments of principal
made or to be made during such period with respect to Indebtedness of the Borrower and its
Subsidiaries, plus (b) Interest Expense for such period, plus (c) Capital Expenditures during such
period of the Borrower and its Subsidiaries not financed with Indebtedness, plus (d) federal,
state, and local income taxes paid or payable by the Borrower and its Subsidiaries during such
period; provided, however, that for the purposes of calculating the ratio set forth in this Section
for each fiscal quarter ending on or before September 30, 2007, the following annualization method
shall be used: Interest Expense during the period of calculation shall be deemed to be equal to the
product of (x) a fraction, the numerator of which is 365 and the denominator of which is the number
of days during the period from and including the Closing Date through and including the last day of
such period of calculation (the “Post-Closing Period”) and (y) actual cash Interest Expense during
such Post-Closing Period.

     “Foreign Subsidiary” means each Subsidiary which (a) is organized under the laws of a
jurisdiction other than the United States of America or any state thereof or the District of
Columbia, (b) conducts substantially all of its business outside of the United States of America,
and (c) has substantially all of its assets outside of the United States of America.

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

     “GAAP” means generally accepted accounting principles set forth from time to time in the
opinions and pronouncements of the Accounting Principles Board and the American Institute of
Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board (or agencies with similar functions of comparable stature and authority within the
U.S. accounting profession), which are applicable to the circumstances as of the date of
determination.

     “Governmental Authority” means the government of the United States of America, any other
nation or any political subdivision thereof, whether state or local, and any agency,
authority, instrumentality, regulatory body, count, central bank or other entity exercising
executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or
pertaining to government.

-8-

 

     “Guarantor” and “Guarantors” each is defined in Section 4.3 hereof.

     “Guaranty” and “Guaranties” each is defined in Section 4.3 hereof.

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

     “Hedge Agreement” means any interest rate, currency or commodity swap agreements, cap
agreements, collar agreements, floor agreements, exchange agreements, forward contracts, option
contracts or similar interest rate or currency or commodity hedging arrangements.

     “Hedging Liability” means the liability of the Borrower or any Guarantor (other than Holdings)
to any of the Lenders, or their Affiliates, in respect of any Hedge Agreement as the Borrower or
such Guarantor, as the case may be, may from time to time enter into with any one or more of the
Lenders party to this Agreement or their Affiliates.

     “Holdings” means Delek US Holdings, Inc., a Delaware corporation.

     “Indebtedness” means for any Person (without duplication) (a) all indebtedness of such Person
for borrowed money, whether current or funded, or secured or unsecured, (b) all indebtedness for
the deferred purchase price of Property, (c) all indebtedness created or arising under any
conditional sale or other title retention agreement with respect to Property acquired by such
Person (even though the rights and remedies of the seller or lender under such agreement in the
event of a default are limited to repossession or sale of such Property), (d) all indebtedness
secured by a purchase money mortgage or other Lien to secure all or part of the purchase price of
Property subject to such mortgage or Lien, (e) all obligations under leases which shall have been
or must be, in accordance with GAAP, recorded as Capital Leases in respect of which such Person is
liable as lessee, (f) any liability in respect of banker’s acceptances or letters of credit, (g)
any indebtedness, whether or not assumed, secured by Liens on Property acquired by such Person at
the time of acquisition thereof, (h) all obligations under any so-called “synthetic lease”
transaction entered into by such Person, (i) all obligations under any so-called “asset
securitization” transaction entered into by such Person, and (j) all Contingent Obligations, it
being understood that the term “Indebtedness” shall not include trade payables arising in the
ordinary course of business.

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

     “Interest Period” means, with respect to Eurodollar Loans and Swing Loans, the period
commencing on the date a Borrowing of Loans is advanced, continued or created by conversion and
ending: (a) in the case of a Eurodollar Loan, 1, 2 or 3 months thereafter, and (b) in the case

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of
a Swing Loan, on the date 1 to 5 days thereafter as mutually agreed to the applicable Borrower and
the Administrative Agent; provided, however, that:

     (i) no Interest Period with respect to any Swing Loan shall extend beyond the
Termination Date;

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

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

     “Initial Net Worth” is defined in Section 6.1(k) hereof.

     “July 2006 Income” is defined in Section 6.1(k) hereof.

     “L/C Issuer” means Fifth Third Bank, an Ohio banking corporation.

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

     “L/C Sublimit” means $20,000,000, as reduced pursuant to the terms hereof.

     “Legal Requirement” means any treaty, convention, statute, law, regulation, ordinance,
license, permit, governmental approval, injunction, judgment, order, consent decree or other
requirement of any Governmental Authority.

     “Lenders” means and includes Fifth Third Bank, an Ohio banking corporation, and the other
financial institutions from time to time party to this Agreement, including each assignee Lender
pursuant to Section 10.10 hereof.

     “Lending Office” is defined in Section 8.6 hereof.

     “Letter of Credit” is defined in Section 2.2(a) hereof.

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     “Leverage Ratio” means, as of the last day of any fiscal quarter of the Borrower, the ratio of
Total Funded Debt of the Borrower and its Subsidiaries as of the last day of such fiscal quarter to
EBITDA for the period of four fiscal quarters then ended.

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

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

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

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

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

     “Magellan” means Magellan Asset Services, L.P.

     “Magellan Contracts” means collectively each agreement between a Pride Entity and Magellan (or
an affiliate of Magellan) listed on Schedule 2.1(j) of the Purchase Agreement.

     “Management Fees” means all fees, charges and other amounts (including without limitation
salaries and any other compensation such as bonuses, pensions and profit sharing payments) due and
to become due to Holdings or any of its Affiliates in consideration for, directly or indirectly,
management, consulting or similar services.

     “MAPCO” means MAPCO Express, Inc., a Delaware corporation.

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     “MAPCO Services Agreement” means the Services Agreement dated July 31, 2006 between MAPCO and
the Borrower.

     “Marketing GP” means Delek Marketing GP, LLC, a Delaware limited liability company.

     “Marketing Inc.” means Delek Marketing and Supply, Inc., a Delaware corporation.

     “Material Adverse Effect” means (a) a material adverse change in, or material adverse effect
upon, the operations, business, Property, condition (financial or otherwise) of the Borrower or of
the Borrower and the Guarantors taken as a whole, (b) a material impairment of the ability of the
Borrower or any Guarantor to perform its material obligations under any Loan Document or (c) a
material adverse effect upon (i) the legality, validity, binding effect or enforceability against
the Borrower or any Guarantor of any Loan Document or the rights and remedies of the Administrative
Agent and the Lenders thereunder or (ii) the perfection or priority of any Lien granted under any
Collateral Document other than with respect to a de minimus portion of the Collateral.

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

     “Net Income” means, with reference to any period, the net income (or net loss) of the Borrower
and its Subsidiaries for such period computed on a consolidated basis in accordance with GAAP;
provided that there shall be excluded from Net Income (a) the net income (or net loss) of any
Person accrued prior to the date it becomes a Subsidiary of, or has merged into or consolidated
with, the Borrower or another Subsidiary, and (b) the net income (or net loss) of any Person (other
than a Subsidiary) in which the Borrower or any of its Subsidiaries has a equity interest in,
except to the extent of the amount of dividends or other distributions actually paid to the
Borrower or any of its Subsidiaries during such period.

     “Net Worth” means, at any time the same is to be determined, the difference between total
assets and total liabilities of the Borrower and its Subsidiaries determined on a consolidated
basis, total assets and total liabilities each to be determined in accordance with GAAP.

     “Notes” means and includes the Revolving Notes and the Swing Note.

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

     “Participant” is defined in Section 10.10(d) hereof.

     “Participating Interest” is defined in Section 2.2(d) hereof.

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     “Participating Lender” is defined in Section 2.2(d) hereof.

     “Patriot Act” is defined in Section 5.24(b) hereof.

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

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

     “Permitted Lien” is defined in Section 6.12 hereof.

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

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

     “Premises” means the real property owned or leased by the Borrower or any Subsidiary,
including, without limitation, the real property and improvements thereon owned by the Borrower or
any Subsidiary subject to the Lien of the Deeds of Trust or any other Collateral Documents.

     “Pride” means Pride Companies, L.P., a Delaware limited partnership.

     “Pride Entities” means collectively, Pride, Pride Marketing and Pride Refining; and “Pride
Entity” means any of Pride, Pride Marketing or Pride Refining individually.

     “Pride Marketing” means Pride Marketing LLC, a Texas limited liability company.

     “Pride Refining” means Pride Refining, Inc., a Texas corporation.

     “Pride Purchase” means the purchase by Borrower of the “Purchased Property” of the Pride
Entities on the terms and conditions set forth in, and as further described in, the Purchase
Agreement.

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

     “Purchase Agreement” means that Purchase and Sale Agreement dated as of June 21, 2006, by and
between the Pride Entities and Holdings, as amended by the First Amendment to Purchase and Sale
Agreement dated as of July 31, 2006.

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

     “Refining” means Delek Refining, Inc., a Delaware corporation.

     “Refining Operating Agreement” means the Services Agreement dated August 1, 2006 between the
Borrower and Refining.

     “Reimbursement Obligation” is defined in Section 2.2(c) hereof.

     “Related Parties” means, with respect to any Person, such Person’s Affiliates and the
partners, directors, officers, employees, agents, financial advisors and consultants of such Person
and of such Person’s Affiliates.

     “Release” shall mean any spilling, leaking, pumping, pouring, emitting, emptying, discharging,
injecting, escaping, leaching, dumping, disposing or migration into the environment.

     “Required Lenders” means, as of the date of determination thereof, Lenders whose outstanding
Loans and interests in Letters of Credit and Unused Commitments constitute more than 66 2/3% of the
sum of the total outstanding Loans, interests in Letters of Credit and Unused Commitments.

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

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     “Responsible Officer” means any officer of Delek Marketing GP, LLC with responsibility for the
transactions contemplated herein including, without limitation, its President, Chief Executive
Officer and Treasurer.

     “Revolving Credit” means the credit facility for making Revolving Loans and Swing Loans and
issuing Letters of Credit described in Sections 2.1, 2.2 and 2.10 hereof.

     “Revolving Loan” is defined in Section 2.1 hereof and, as so defined, includes a Base Rate
Loan or a Eurodollar Loan, each of which is a “type” of Revolving Loan hereunder.

     “Revolving Note” is defined in Section 2.11 hereof.

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

     “Security Agreement” means that certain Security Agreement dated the date of this Agreement by
and between the Borrower and each of its Subsidiaries and the Administrative Agent, as the same may
be amended, modified, supplemented or restated from time to time.

     “Subsidiary” means, as to any particular parent corporation or organization, any other
corporation or organization more than 50% of the outstanding Voting Stock of which is at the time
directly or indirectly owned by such parent corporation or organization or by any one or more other
entities which are themselves subsidiaries of such parent corporation or organization. Unless
otherwise expressly noted herein, the term “Subsidiary” means a Subsidiary of the Borrower or of
any of its direct or indirect Subsidiaries.

     “SunTrust Agreement” means the Amended and Restated Revolving Credit Agreement dated as of May
2, 2005, by and among Refining, Delek Pipeline Texas, Inc., the lenders party thereto, and SunTrust
Bank, as Administrative Agent, as the same may be amended, modified, supplemented or restated from
time to time.

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

     “Swing Line Sublimit” means $5,000,000, as reduced pursuant to the terms hereof.

     “Swing Loan” and “Swing Loans” each is defined in Section 2.10 hereof.

     “Swing Note” is defined in Section 2.11 hereof.

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

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     “Termination Date” means the date 364 days after the Closing Date or such earlier
date on which the Commitments are terminated in whole pursuant to Section 2.9, 7.2 or 7.3
hereof.

     “Total Funded Debt” means, at any time the same is to be determined, the aggregate principal
amount of all Indebtedness of the Borrower and its Subsidiaries, (excluding all obligations of such
Persons, contingent or otherwise, as an account party or applicant under acceptance letter of
credit or similar facilities) at such time, determined on a consolidated basis in accordance with
GAAP.

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

     “Unused Commitments” means, at any time, the difference between the Commitments then in effect
and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations; provided
that Swing Loans outstanding from time to time shall be deemed to reduce the Unused Commitment of
the Administrative Agent for purposes of computing the commitment fee under Section 2.12(a) hereof.

     “U.S. Subsidiary” means each Subsidiary that is not a Foreign Subsidiary.

     “Voting Stock” of any Person means capital stock or other equity interests of any class or
classes (however designated) having ordinary power for the election of directors or other similar
governing body of such Person (including, without limitation, general partners of a partnership),
other than stock or other equity interests having such power only by reason of the happening of a
contingency.

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

     “Wholly-owned Subsidiary” means, at any time, any Subsidiary of which all of the issued and
outstanding shares of capital stock (other than directors’ qualifying shares as required by law) or
other equity interests are owned by any one or more of the Borrower and the Borrower’s other
Wholly-owned Subsidiaries at such time.

     Section 1.2. Interpretation. The foregoing definitions are equally applicable to both the
singular and plural forms of the terms defined. The words “hereof”, “herein”, and “hereunder” and
words of like import when used in this Agreement shall refer to this Agreement as a whole and not
to any particular provision of this Agreement. All references to time of day herein are references
to Cincinnati, Ohio, time unless otherwise specifically provided. Where the character or amount of
any asset or liability or item of income or expense is required to be determined or any
consolidation or other accounting computation is required to be made for the purposes of this
Agreement, it shall be done in accordance with GAAP except where such principles are inconsistent
with the specific provisions of this Agreement. All terms that are used in this Agreement which
are defined in the Uniform Commercial Code of the State of New York as in

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effect from time to time (“UCC”) shall have the same meanings herein as such terms are defined in
the UCC, unless this Agreement shall otherwise specifically provide.

     Section 1.3. Change in Accounting Principles. If, after the date of this Agreement, there
shall occur any change in GAAP from those used in the preparation of the financial statements
referred to in Section 5.3 hereof and such change shall result in a change in the method of
calculation of any financial covenant, standard or term found in this Agreement, either the
Borrower or the Required Lenders may by notice to the Lenders and the Borrower, respectively,
require that the Lenders and the Borrower negotiate in good faith to amend such covenants,
standards, and term so as equitably to reflect such change in accounting principles, with the
desired result being that the criteria for evaluating the financial condition of the Borrower and
its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower
or the Required Lenders in requiring such negotiation shall limit their right to so require such a
negotiation at any time after such a change in accounting principles. Until any such covenant,
standard, or term is amended in accordance with this Section 1.3, financial covenants shall be
computed and determined in accordance with GAAP in effect prior to such change in accounting
principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed
to be in compliance with any financial covenant hereunder nor out of compliance with any financial
covenant hereunder if such state of compliance or noncompliance, as the case may be, would not
exist but for the occurrence of a change in accounting principles after the date hereof.

Section 2. The Credit Facilities.

     Section 2.1. Commitments. Prior to the Termination Date, each Lender severally and not
jointly agrees, subject to the terms and conditions hereof, to make revolving loans (each
individually a “Revolving Loan” and, collectively, the “Revolving Loans”) in Dollars to the
Borrower from time to time up to the amount of such Lender’s Commitment in effect at such time;
provided, however, the sum of the aggregate principal amount of Revolving Loans, Swing Loans and
L/C Obligations at any time outstanding shall not exceed the sum of all Commitments in effect at
such time. Each Borrowing of Revolving Loans shall be made ratably by the Lenders in proportion to
their respective Percentages. As provided in Section 2.4(a), and subject to the terms hereof, the
Borrower may elect that each Borrowing of Revolving Loans be either Base Rate Loans or Eurodollar
Loans. Revolving Loans may be repaid and reborrowed before the Termination Date, subject to the
terms and conditions hereof.

     Section 2.2. Letters of Credit. (a) General Terms. Subject to the terms and conditions
hereof, as part of the Revolving Credit, the L/C Issuer shall issue standby letters of credit (each
a “Letter of Credit”) for the Borrower’s account in an aggregate undrawn face amount up to the L/C
Sublimit; provided, however, the sum of the Revolving Loans, Swing Loans and L/C Obligations at any
time outstanding shall not exceed the sum of all Commitments in effect at such time. Each Lender
shall be obligated to reimburse the L/C Issuer for such Lender’s Percentage of the amount of each
drawing under a Letter of Credit and, accordingly, each Letter of Credit shall constitute usage of
the Commitment of each Lender pro rata in an amount equal to its Percentage of the L/C Obligations
then outstanding.

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     (b) Applications. At any time before the Termination Date, the L/C Issuer shall, at the
request of the Borrower, issue one or more Letters of Credit in Dollars, in customary form and
substance acceptable to the L/C Issuer, with expiration dates no later than the earlier of 12
months from the date of issuance (or which are cancelable not later than 12 months from the date of
issuance and each renewal) or 30 days prior to the Termination Date, in an aggregate face amount as
set forth above, upon the receipt of a duly executed application for the relevant Letter of Credit
in the form then customarily prescribed by the L/C Issuer for the Letter of Credit requested (each
an “Application”). Notwithstanding anything contained in any Application to the contrary: (i) the
Borrower shall pay fees in connection with each Letter of Credit as set forth in Section 2.12(b)
hereof, and (ii) if the L/C Issuer is not timely reimbursed for the amount of any drawing under a
Letter of Credit on the date such drawing is paid, the Borrower’s obligation to reimburse the L/C
Issuer for the amount of such drawing shall bear interest (which the Borrower hereby promises to
pay) from and after the date such drawing is paid at a rate per annum equal to the sum of 2.0% plus
the Applicable Margin plus the Base Rate from time to time in effect (computed on the basis of a
year of 365 or 366 days, as the case may be, and the actual number of days elapsed), provided that
the Borrower’s obligation to reimburse the L/C Issuer for such drawing may be satisfied pursuant to
Section 2.4(c) hereof. Without limiting the foregoing, the L/C Issuer’s obligation to issue, amend
or extend the expiration date of a Letter of Credit is subject to the terms or conditions of this
Agreement (including the conditions set forth in Section 3.1 and the other terms of this Section
2.2).

     (c) The Reimbursement Obligations. Subject to Section 2.2(b) hereof, the obligation of the
Borrower to reimburse the L/C Issuer for all drawings under a Letter of Credit (a “Reimbursement
Obligation”) shall be governed by the Application related to such Letter of Credit and this
Agreement, except that reimbursement shall be made by no later than 12:00 Noon (Cincinnati time) on
the date when each drawing is to be paid if the Borrower has been informed of such drawing by the
L/C Issuer on or before 11:30 a.m. (Cincinnati time) on the date when such drawing is to be paid
or, if notice of such drawing is given to the Borrower after 11:30 a.m. (Cincinnati time) on the
date when such drawing is to be paid, by the end of such day, in immediately available funds at the
Administrative Agent’s principal office in Cincinnati, Ohio or such other office as the
Administrative Agent may designate in writing to the Borrower, and the Administrative Agent shall
thereafter cause to be distributed to the L/C Issuer such amount(s) in like funds. If the Borrower
does not make any such reimbursement payment on the date due and the Participating Lenders fund
their participations in the manner set forth in Section 2.2(d) below, then all payments thereafter
received by the Administrative Agent in discharge of any of the relevant Reimbursement Obligations
shall be distributed in accordance with Section 2.2(d) below. In addition, for the benefit of the
Administrative Agent, the L/C Issuer and each Lender, the Borrower agrees that, notwithstanding any
provision of any Application, its obligations under this Section 2.2(c) and each Application shall
be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the
terms of this Agreement and the Applications, under all circumstances whatsoever, including without
limitation (i) any lack of validity or enforceability of any Loan Document; (ii) any amendment or
waiver of or any consent to departure from all or any of the provisions of any Loan Document; (iii)
the existence of any claim, set-off, defense or other right the Borrower may have at any time
against a beneficiary of a Letter of Credit (or any Person for whom a beneficiary may be acting),
the Administrative Agent, the L/C Issuer, any Lender or any other Person, whether in connection
with this

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Agreement, another Loan Document, the transaction related to the Loan Document or any unrelated
transaction; (iv) any statement or any other document presented under a Letter of Credit proving to
be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue
or inaccurate in any respect; (v) payment by the Administrative Agent or a L/C Issuer under a
Letter of Credit against presentation to the Administrative Agent or a L/C Issuer of a draft or
certificate that does not comply with the terms of the Letter of Credit, provided that the
Administrative Agent’s or L/C Issuer’s determination that documents presented under the Letter of
Credit comply with the terms thereof did not constitute gross negligence or willful misconduct of
the Administrative Agent or L/C Issuer; or (vi) any other act or omission to act or delay of any
kind by the Administrative Agent or a L/C Issuer, any Lender or any other Person or any other event
or circumstance whatsoever that might, but for the provisions of this Section 2.3(c), constitute a
legal or equitable discharge of the Borrower’s obligations hereunder or under an Application.

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

     The several obligations of the Participating Lenders to the L/C Issuer under this Section 2.2
shall be absolute, irrevocable and unconditional under any and all circumstances and shall not be
subject to any set-off, counterclaim or defense to payment which any Participating Lender may have
or has had against the Borrower, the L/C Issuer, the Administrative Agent, any Lender or any other
Person. Without limiting the generality of the foregoing, such obligations shall not be affected
by any Default or Event of Default or by any reduction or termination of the

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Commitment of any
Lender, and each payment by a Participating Lender under this Section 2.2 shall be made without any
offset, abatement, withholding or reduction whatsoever.

     (e) Indemnification. The Participating Lenders shall, to the extent of their respective
Percentages, indemnify the L/C Issuer (to the extent not reimbursed by the Borrower) against any
cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or
liability (except such as result from the L/C Issuer’s gross negligence or willful misconduct) that
the L/C Issuer may suffer or incur in connection with any Letter of Credit issued by it. The
obligations of the Participating Lenders under this Section 2.2(e) and all other parts of this
Section 2.2 shall survive termination of this Agreement and of all Applications, Letters of Credit,
and all drafts and other documents presented in connection with drawings thereunder.

     (f) Manner of Requesting a Letter of Credit. The Borrower shall provide at least three (3)
Business Days’ advance written notice to the Administrative Agent of each request for the issuance
of a Letter of Credit, each such notice to be accompanied by a properly completed and executed
Application for the requested Letter of Credit and, in the case of an extension or an increase in
the amount of a Letter of Credit, a written request therefor, in a form acceptable to the
Administrative Agent and the L/C Issuer, in each case, together with the fees called for by this
Agreement. The Administrative Agent shall promptly notify the L/C Issuer of the Administrative
Agent’s receipt of each such notice and the L/C Issuer shall promptly notify the Administrative
Agent and the Lenders of the issuance of a Letter of Credit.

     Section 2.3. Applicable Interest Rates. (a) Base Rate Loans. Each Base Rate Loan made or
maintained by a Lender shall bear interest (computed on the basis of a year of 365 or 366 days, as
the case may be, and the actual days elapsed) on the unpaid principal amount thereof from the date
such Loan is advanced or created by conversion from a Eurodollar Loan until maturity (whether by
acceleration or otherwise) at a rate per annum equal to the sum of the Applicable Margin plus the
Base Rate from time to time in effect, payable in arrears on the last Business Day of each month
and at maturity (whether by acceleration or otherwise).

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

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     (c) Default Rate. While any Event of Default exists or after acceleration, the Borrower shall
pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on
the principal amount of all Loans owing by it at a rate per annum equal to:

     (i) for any Base Rate Loan and any Swing Loan bearing interest at the Base Rate, the
sum of 2.0% per annum plus the Applicable Margin plus the Base Rate from time to time in
effect; and

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

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

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

     Section 2.4. Manner of Borrowing Loans and Designating Applicable Interest Rates. (a) Notice
to the Administrative Agent. The Borrower shall give notice to the Administrative Agent by no
later than (i) noon (Cincinnati time) at least 3 Business Days before the date on which the
Borrower requests the Lenders to advance a Borrowing of Eurodollar Loans and (ii) noon (Cincinnati
time) on the date the Borrower requests the Lenders to advance a Borrowing of Base Rate Loans. The
Loans included in each Borrowing shall bear interest initially at the type of rate specified in
such notice. Thereafter, the Borrower may from time to time elect to change or continue the type
of interest rate borne by each Borrowing or, subject to Section 2.5 hereof, a portion thereof, as
follows: (i) if such Borrowing is of Eurodollar Loans, on the last day of the Interest Period
applicable thereto, the Borrower may continue part or all of such Borrowing as Eurodollar Loans or
convert part or all of such Borrowing into Base Rate Loans or (ii) if such Borrowing is of Base
Rate Loans, on any Business Day, the Borrower may convert all or part of such Borrowing into
Eurodollar Loans for an Interest Period or Interest Periods specified by the Borrower. The
Borrower shall give all such notices requesting the advance, continuation or
conversion of a
Borrowing to the Administrative Agent by telephone or telecopy (which notice shall be irrevocable
once given and, if by telephone, shall be promptly confirmed in writing), substantially in the form
attached hereto as Exhibit B (Notice of Borrowing) or Exhibit C (Notice of
Continuation/Conversion), as applicable, or in such other form acceptable to the Administrative
Agent. Notice of the continuation of a Borrowing of Eurodollar Loans for an additional Interest
Period or of the conversion of part or all of a Borrowing of Base Rate Loans into Eurodollar Loans
must be given by no later than noon (Cincinnati time) at least 3 Business Days before the date of
the requested continuation or

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

     (b) Notice to the Lenders. The Administrative Agent shall give prompt telephonic or telecopy
notice to each Lender of any notice from the Borrower received pursuant to Section 2.4(a) above
and, if such notice requests the Lenders to make Eurodollar Loans, the Administrative Agent shall
give notice to the Borrower and each Lender of the interest rate applicable thereto promptly after
the Administrative Agent has made such determination.

     (c) Borrower’s Failure to Notify; Automatic Continuations and Conversions. If the Borrower
fails to give proper notice of the continuation or conversion of any outstanding Borrowing of
Eurodollar Loans before the last day of its then current Interest Period within the period required
by Section 2.4(a) or, whether or not such notice has been given, one or more of the conditions set
forth in Section 3.1 for the continuation or conversion of a Borrowing of Eurodollar Loans would
not be satisfied, and such Borrowing is not prepaid in accordance with Section 2.7(a), such
Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. In the event the
Borrower fails to give notice pursuant to Section 2.4(a) of a Borrowing equal to the amount of a
Reimbursement Obligation and has not notified the Administrative Agent by 1:00 p.m. (Cincinnati
time) on the day such Reimbursement Obligation becomes due that it intends to repay such
Reimbursement Obligation through funds not borrowed under this Agreement, the Borrower shall be
deemed to have requested a Borrowing of Base Rate Loans (or, at the option of the Administrative
Agent, under the Swing Line) under the Revolving Credit on such day in the amount of the
Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement
Obligation then due.

     (d) Disbursement of Loans. Not later than 1:00 p.m. (Cincinnati time) on the date of any
requested advance of a new Borrowing, subject to Section 3 hereof, each Lender shall make available
its Loan comprising part of such Borrowing in funds immediately available at the principal office
of the Administrative Agent in Cincinnati, Ohio. The Administrative Agent shall make the proceeds
of each new Borrowing available to the Borrower at the Administrative Agent’s principal office in
Cincinnati, Ohio.

     (e) Administrative Agent Reliance on Lender Funding. Unless the Administrative Agent shall
have been notified by a Lender prior to (or, in the case of a Borrowing of Base Rate Loans, by 1:00
p.m. (Cincinnati time) on) the date on which such Lender is scheduled to make payment to the
Administrative Agent of the proceeds of a Loan (which notice shall be effective upon receipt) that
such Lender does not intend to make such payment, the Administrative Agent may assume that such
Lender has made such payment when due and the Administrative Agent, in reliance upon such
assumption may (but shall not be required to) make available to the Borrower the proceeds of the
Loan to be made by such Lender and, if any Lender has not in fact made such payment to the
Administrative Agent, such Lender shall, on demand, pay to the Administrative Agent

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the amount made
available to the Borrower attributable to such Lender together with interest thereon in respect of
each day during the period commencing on the date such amount was made available to the Borrower
and ending on (but excluding) the date such Lender pays such amount to the Administrative Agent at
a rate per annum equal to: (i) from the date the related advance was made by the Administrative
Agent to the date 2 Business Days after payment by such Lender is due hereunder, the Federal Funds
Rate for each such day and (ii) from the date 2 Business Days after the date such payment is due
from such Lender to the date such payment is made by such Lender, the Base Rate in effect for each
such day. If such amount is not received from such Lender by the Administrative Agent immediately
upon demand, the Borrower will, (without limiting its claim against such Lender for such breach)
within two (2) Business Days of demand, repay to the Administrative Agent the proceeds of the Loan
attributable to such Lender with interest thereon at a rate per annum equal to the interest rate
applicable to the relevant Loan, but without such payment being considered a payment or prepayment
of a Loan under Section 8.1 hereof so that the Borrower will have no liability under such Section
with respect to such payment.

     Section 2.5. Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Base Rate
Loans advanced under a Credit shall be in an amount not less than $500,000. Each Borrowing of
Eurodollar Loans advanced, continued or converted under a Credit shall be in an amount equal to
$1,000,000 or such greater amount which is an integral multiple of $100,000. Without the
Administrative Agent’s consent, there shall not be more than five Borrowings of Eurodollar Loans
outstanding at any one time.

     Section 2.6. Maturity of Loans. Each Revolving Loan, both for principal and interest, shall
mature and become due and payable by the Borrower on the Termination Date.

     Section 2.7. Prepayments. (a) Voluntary Prepayments. The Borrower may prepay without premium
or penalty (except as set forth in Section 8.1 below) and in whole or in part any Borrowing of
Eurodollar Loans at any time upon 3 Business Days prior notice by the Borrower to the
Administrative Agent or, in the case of a Borrowing of Base Rate Loans, notice delivered by the
Borrower to the Administrative Agent no later than 10:00 a.m. (Cincinnati time) on the date of
prepayment, such prepayment to be made by the payment of the principal amount to be prepaid and, in
the case of any Eurodollar Loans or Swing Loans, accrued interest thereon to the date fixed for
prepayment plus any amounts due the Lenders under Section 8.1; provided, however, the Borrower may
not partially repay a Borrowing (i) if such Borrowing is of Base Rate Loans, in a principal amount
less than $500,000, (ii) if such Borrowing is of Eurodollar Loans, in a principal amount less than
$1,000,000, and (iii) in each case, unless it is in an amount such that the minimum amount required
for a Borrowing pursuant to Section 2.5 remains outstanding. The Administrative Agent shall
promptly advise each Lender of any notice of prepayment by the Borrower.

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     (b) Mandatory Prepayments. The Borrower shall, on each date the Commitments are reduced
pursuant to Section 2.9, prepay the Revolving Loans and Swing Loans and, if necessary, prefund the
L/C Obligations by the amount, if any, necessary to reduce the sum of the aggregate principal
amount of Revolving Loans, Swing Loans and L/C Obligations then outstanding to the amount to which
the Commitments have been so reduced.

     Section 2.8. Place and Application of Payments. All payments of principal of and interest on
the Loans and the Reimbursement Obligations, and of all other Obligations payable by the Borrower
under this Agreement and the other Loan Documents, shall be made by the Borrower to the
Administrative Agent by no later than 1:00 p.m. (Cincinnati time) on the due date thereof at the
office of the Administrative Agent in Cincinnati, Ohio (or such other location as the
Administrative Agent may designate to the Borrower) for the benefit of the Lender or Lenders
entitled thereto. Any payments received after such time shall be deemed to have been received by
the Administrative Agent on the next Business Day. All such payments shall be made in Dollars, in
immediately available funds at the place of payment, in each case without set-off or counterclaim.
The
Administrative Agent will promptly thereafter cause to be distributed like funds relating to the
payment of principal or interest on Loans and on Reimbursement Obligations in which the Lenders
have purchased Participating Interests ratably to the Lenders and like funds relating to the
payment of any other amount payable to any Lender to such Lender, in each case to be applied in
accordance with the terms of this Agreement.

     Anything contained herein to the contrary notwithstanding, (x) pursuant to the exercise of
remedies under Sections 7.2 and 7.3 hereof or (y) after written instruction by the Required Lenders
after the occurrence and during the continuation of an Event of Default, all payments and
collections received in respect of the Obligations and all proceeds of the Collateral received, in
each instance, by the Administrative Agent or any of the Lenders shall be remitted to the
Administrative Agent and distributed as follows:

     (a) first, to the payment of any outstanding costs and expenses incurred by the
Administrative Agent, and any security trustee therefor, in monitoring, verifying,
protecting, preserving or enforcing the Liens on the Collateral, in protecting, preserving
or enforcing rights under the Loan Documents, and in any event all costs and expenses of a
character which the Borrower has agreed to pay the Administrative Agent under Section 10.13
hereof (such funds to be retained by the Administrative Agent for its own account unless it
has previously been reimbursed for such costs and expenses by the Lenders, in which event
such amounts shall be remitted to the Lenders to reimburse them for payments theretofore
made to the Administrative Agent);

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

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

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     (d) fourth, to the payment of principal on the Loans, unpaid Reimbursement Obligations,
together with amounts to be held by the Administrative Agent as collateral security for any
outstanding L/C Obligations pursuant to Section 7.4 hereof (until the Administrative Agent
is holding an amount of cash equal to the then outstanding amount of all such L/C
Obligations), and Hedging Liability, the aggregate amount paid to, or held as collateral
security for, the Lenders and, in the case of Hedging Liability, their Affiliates to be
allocated pro rata in accordance with the aggregate unpaid amounts owing to each holder
thereof;

     (e) fifth, to the payment of all other unpaid Obligations and all other indebtedness,
obligations, and liabilities of the Borrower and its Subsidiaries secured by the Collateral
Documents (including, without limitation, Funds Transfer and Deposit Account Liability) to
be allocated pro rata in accordance with the aggregate unpaid amounts owing to each holder
thereof; and

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

     Section 2.9. Commitment Terminations. Voluntary. The Borrower shall have the right at any
time and from time to time, upon 3 Business Days prior written notice to the Administrative Agent,
to terminate the Commitments in whole or in part, any partial termination to be (i) in an amount
not less than $1,000,000 and
(ii) allocated ratably among the Lenders in proportion to their respective Percentages, provided
that the Commitments may not be reduced to an amount less than the sum of the aggregate principal
amount of Revolving Loans, Swing Loans and of L/C Obligations then outstanding. Any termination of
the Commitments below the L/C Sublimit then in effect shall reduce the L/C Sublimit by a like
amount. Any termination of the Commitments below the Swing Line Sublimit then in effect shall
reduce the Swing Line Sublimit by a like amount. The Administrative Agent shall give prompt notice
to each Lender of any such termination of the Commitments. Any termination of the Commitments
pursuant to this Section 2.9 may not be reinstated.

     Section 2.10. Swing Loans. (a) Generally. Subject to the terms and conditions hereof, as
part of the Revolving Credit, the Administrative Agent agrees, during such period or periods that
Fifth Third Bank, an Ohio banking Corporation, is not the only Lender party hereto, to make loans
in Dollars to the Borrower under the Swing Line (individually a “Swing Loan” and collectively the
“Swing Loans”) which shall not in the aggregate at any time outstanding exceed the Swing Line
Sublimit; provided, however, the sum of the Revolving Loans, Swing Loans and L/C Obligations at any
time outstanding shall not exceed the sum of all Commitments in effect at such time. The Swing
Loans may be availed of by the Borrower from time to time and borrowings thereunder may be repaid
and used again during the period ending on the Termination Date; provided that each Swing Loan must
be repaid on the last day of the Interest Period applicable thereto. Each Swing Loan shall be in a
minimum amount of $250,000 or such greater amount which is an integral multiple of $100,000.

     (b) Interest on Swing Loans. Each Swing Loan shall bear interest until maturity (whether by
acceleration or otherwise) at a rate per annum equal to (i) the sum of the Base Rate plus the
Applicable Margin for Base Rate Loans as from time to time in effect (computed on the

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basis of a
year of 365 or 366 days, as the case may be, for the actual number of days elapsed) or (ii) the
Administrative Agent’s Quoted Rate (computed on the basis of a year of 360 days for the actual
number of days elapsed). Interest on each Swing Loan shall be due and payable prior to such
maturity on the last day of each Interest Period applicable thereto.

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

     (d) Refunding of Swing Loans. In its sole and absolute discretion, the Administrative Agent
may at any time, on behalf of the Borrower (which the Borrower hereby irrevocably authorizes the
Administrative Agent to act on its behalf for such purpose) and with notice to the Borrower,
request each Lender to make a Revolving Loan in the form of a Base Rate Loan in an amount equal to
such Lender’s Percentage of the amount of the Swing Loans outstanding on the date such notice is
given. Unless an Event of Default described in Section 7.1(j) or 7.1(k) exists with respect to the
Borrower, regardless of the existence of any other Event of Default, each Lender shall make the
proceeds of its requested Revolving Loan available to the Administrative Agent, in immediately
available funds, at the Administrative Agent’s principal office in Cincinnati, Ohio, before 12:00
Noon (Cincinnati time) on the Business Day following the day such notice is given. The proceeds of
such Borrowing of Revolving Loans shall be immediately applied to repay the outstanding Swing
Loans.

     (e) Participations. If any Lender refuses or otherwise fails to make a Revolving Loan when
requested by the Administrative Agent pursuant to Section 2.10(d) above (because an Event of
Default described in Section 7.1(j) or 7.1(k) exists with respect to the Borrower or otherwise),
such Lender will, by the time and in the manner such Revolving Loan was to have been funded to the
Administrative Agent, purchase from the Administrative Agent an undivided participating interest in
the outstanding Swing Loans in an amount equal to its Percentage of the aggregate principal amount
of Swing Loans that were to have been repaid with such Revolving Loans; provided that the foregoing
purchases shall be deemed made hereunder without any

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

     Section 2.11. Evidence of Indebtedness. (a) Each Lender shall maintain in accordance with its
usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender
resulting from each Loan made by such Lender from time to time, including the amounts of principal
and interest payable and paid to such Lender from time to time hereunder.

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

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

     (d) Any Lender may request that its Loans be evidenced by a promissory note or notes in the
forms of Exhibit D-1 (in the case of its Revolving Loans and referred to herein as a “Revolving
Note”) or D-2 (in the case of its Swing Loans and referred to herein as a “Swing Note”), as
applicable (the Revolving Notes and Swing Note being hereinafter referred to collectively as the
“Notes” and individually as a “Note”). In such event, the Borrower shall prepare, execute and
deliver to such Lender a Note payable to the order of such Lender in the amount of the relevant
Commitment, or Swing Line Sublimit, as applicable. Thereafter, the Loans evidenced by such Note or
Notes and interest thereon shall at all times (including after any assignment pursuant to Section
10.10) be represented by one or more Notes payable to the order of the payee named therein or any
assignee pursuant to Section 13.12, except to the extent that any such Lender or assignee
subsequently returns any such Note for cancellation and requests that such Loans once again be
evidenced as described in subsections (a) and (b) above.

     Section 2.12. Fees. (a) Commitment Fee. The Borrower shall pay to the Administrative Agent
for the ratable account of the Lenders according to their Percentages a commitment fee at

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the rate
per annum equal to the Applicable Margin (computed on the basis of a year of 360 days and the
actual number of days elapsed) on the average daily Unused Commitments. Such commitment fee shall
be payable quarterly in arrears on the last day of each March, June, September, and December in
each year (commencing on the first such date occurring after the date hereof) and on the
Termination Date, unless the Commitments are terminated in whole on an earlier date, in which event
the commitment fee for the period to the date of such termination in whole shall be paid on the
date of such termination.

     (b) Letter of Credit Fees. On the date of issuance or extension, or increase in the amount,
of any Letter of Credit pursuant to Section 2.2 hereof, the Borrower shall pay to the L/C Issuer
for its own account a fronting fee equal to .125% of the face amount of (or of the increase in the
face amount of) such Letter of Credit. Quarterly in arrears, on the last day of each March, June,
September, and December, commencing on the first such date occurring after the date hereof, the
Borrower shall pay to the Administrative Agent, for the ratable benefit of the Lenders according to
their Percentages, a letter of credit fee at a rate per annum equal to the Applicable Margin
(computed on the basis of a year of 360 days and the actual number of days elapsed) in effect
during each day of such quarter applied to the daily average face amount of Letters of Credit
outstanding during such quarter; provided that, while any Event of Default exists or after
acceleration, such rate shall increase by 2% over the rate otherwise payable and such fee shall be
paid on demand of the Administrative Agent at the request or with the consent of the Required
Lenders; provided, however, that in the absence of acceleration, any rate increase pursuant to the
foregoing proviso shall be made at the direction of the Administrative Agent, acting at the request
or with the consent of the Required Lenders. In addition, the Borrower shall pay to the L/C Issuer
for its own account the L/C Issuer’s standard drawing, negotiation,
amendment, transfer and other administrative fees for each Letter of Credit. Such standard fees
referred to in the preceding sentence may be established by the L/C Issuer from time to time.

     (c) Administrative Agent Fees. The Borrower shall pay to the Administrative Agent, for its
own use and benefit, the fees agreed to between the Administrative Agent and the Borrower in a fee
letter dated July 28, 2006, or as otherwise agreed to in writing between them.

     (d) Audit Fees. The Borrower shall pay to the Administrative Agent for its own use and
benefit charges for audits of the Collateral performed by the Administrative Agent or its agents or
representatives in such amounts as the Administrative Agent may from time to time request (the
Administrative Agent acknowledging and agreeing that such charges shall be computed in the same
manner as it at the time customarily uses for the assessment of charges for similar collateral
audits); provided, however, that in the absence of an Event of Default, the Borrower shall not be
required to pay the Administrative Agent for more than one such audit per calendar year.

     Section 2.13. Account Debit. The Borrower hereby irrevocably authorizes the Administrative
Agent to charge any of the Borrower’s deposit accounts maintained with the Administrative Agent for
the amounts from time to time necessary to pay any then due Obligations; provided that the Borrower
acknowledges and agrees that the Administrative Agent shall not be under an obligation to do so and
the Administrative Agent shall not incur any liability to the Borrower or any other Person for the
Administrative Agent’s failure to do so.

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Section 3. Conditions Precedent.

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

     Section 3.1. All Credit Events. At the time of each Credit Event hereunder:

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

     (b) no Default or Event of Default shall have occurred and be continuing or would occur
as a result of such Credit Event;

     (c) after giving effect to any requested extension of credit, the aggregate principal
amount of all Revolving Loans, Swing Loans and L/C Obligations under this Agreement shall
not exceed the aggregate Commitments;

     (d) in the case of a Borrowing the Administrative Agent shall have received the notice
required by Section 2.4 hereof, in the case of the issuance of any Letter of Credit the L/C
Issuer shall have received a duly completed Application together with any fees called for by
Section 2.12 hereof, and, in the case of an extension or increase in the amount of a Letter
of Credit, a written request therefor in a form acceptable to the L/C Issuer together with
fees called for by Section 2.12 hereof; and

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

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

     Section 3.2. Initial Credit Event. Before or concurrently with the initial Credit Event:

     (a) the Administrative Agent shall have received the Deeds of Trust duly executed by
the Borrower, the Security Agreement duly executed by the Borrower and each of its existing
Subsidiaries as of the Closing Date, if any, and the Guaranties duly executed by Holdings,
Marketing Inc. and Marketing GP and all existing Subsidiaries of the Borrower as of the
Closing Date, if any, together with (i) original stock certificates or other similar
instruments or securities representing all of the issued and outstanding equity interests
each Subsidiary of the Borrower as of the Closing Date, if any, (ii) stock

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powers for the
Collateral consisting of the stock or other equity interest in each Subsidiary of the
Borrower as of the Closing Date, if any, executed in blank and undated, (iii) UCC financing
statements to be filed against the Borrower and each Subsidiary of the Borrower as of the
Closing Date, if any, each as debtor, in favor of the Administrative Agent, as secured
party, (iv) patent, trademark, and copyright collateral agreements, to the extent requested
by the Administrative Agent, and (v) deposit account, securities account, and commodity
account control agreements to the extent requested by the Administrative Agent;

     (b) the Administrative Agent shall have received evidence of insurance required to be
maintained under the Loan Documents including, without limitation, environmental insurance,
naming the Administrative Agent as mortgagee and lender loss payee;

     (c) the Administrative Agent shall have received for each Lender copies of the
Borrower’s, Holding’s, Marketing Inc.’s and Marketing GP’s certificate of limited
partnership agreement, certificate formation operating agreement, articles of incorporation
and bylaws, as applicable (or comparable organizational documents) and any amendments
thereto, certified in each instance by its Secretary or Assistant Secretary and, with
respect to organizational documents filed with a Governmental Authority, by the applicable
Governmental Authority;

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

     (e) the Administrative Agent shall have received for each Lender copies of the
certificates of good standing, or nearest equivalent in the relevant jurisdiction, for the
Borrower, Holding, Marketing Inc. and Marketing GP (dated no earlier than 30 days prior to
the date hereof) from the office of the secretary of state or other appropriate governmental
department or agency of the state of its formation, incorporation or organization, as
applicable, and of each state in which it is qualified to do business as a foreign
partnership corporation or organization;

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

     (g) the Administrative Agent shall have received for itself and for the Lenders the
initial fees called for by Section 2.12 hereof;

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     (h) with respect to each parcel of real estate in which the Borrower has a fee
interest, the Administrative Agent shall have received a mortgagee’s title insurance policy
(or a prepaid binding commitment therefor) in form and substance acceptable to the
Administrative Agent from a title insurance company acceptable to the Administrative Agent
in the aggregate amount of $23,647,450 insuring the Lien of the Deeds of Trust to be valid
first priority Liens subject to no defects or objections which are unacceptable to the
Administrative Agent, together with such endorsements as the Administrative Agent may
require;

     (i) the Administrative Agent shall have received the report of ARCADIS G&M, Inc.
acceptable to the Administrative Agent concerning the environmental hazards and matters with
respect to the parcels of real property subject to the Lien of the Deeds of Trust, together
with a reliance letter thereon acceptable to the Administrative Agent;

     (j) the Purchase Agreement and all documents to be executed and delivered in connection
therewith shall be acceptable to the Administrative Agent in form and substance;

     (k) the Administrative Agent shall have received an executed copy of the First
Amendment to Purchase and Sale Agreement acceptable to the Administrative Agent in form and
substance;

     (l) the Pride Purchase shall close prior to or concurrently with the initial Credit
Event on the terms set forth in the Purchase Agreement and without the waiver by Holdings or
the Borrower, as applicable, of any material conditions to closing set forth therein;

     (m) intentionally omitted;

     (n) the Administrative Agent shall have received evidence reasonably satisfactory to
Administrative Agent that Magellan has consented to the assignment to the Borrower of each
of the Magellan Contracts;

     (o) the Administrative Agent shall have received satisfactory evidence that the Pride
Purchase shall have been approved by the Pride Entities’ directors and, if necessary,
shareholders, and all necessary legal and regulatory approvals with respect to the
consummation of the Pride Purchase shall have been obtained;

     (p) on the Closing Date, both before and after giving effect to the Pride Purchase, no
injunction or temporary restraining order which would prohibit or seek to unwind the Pride
Purchase or any component thereof, or would prohibit the initial Credit Event, or other
litigation which could reasonably be expected to have a Material Adverse Effect, shall be
pending or, to the knowledge of the Borrower, threatened;

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     (q) the Administrative Agent shall have received such opinions, certificates and other
evidence it may reasonably require to satisfy itself as to the solvency of the Borrower
after giving effect to the Pride Purchase;

     (r) the capital and organizational structure of the Borrower shall be satisfactory to
the Administrative Agent including, without limitation, evidence sufficient to the
Administrative Agent of receipt by the Borrower of equity contributions from Holdings or its
Affiliates of not less than $50,000,000;

     (s) the Administrative Agent shall have received such evaluations and certifications as
it may reasonably require (including a compliance certificate in the form attached hereto as
Exhibit E containing compliance calculations of the financial covenants as of the date of
this Agreement after giving effect to the Pride Purchase) in order to satisfy itself as to
the value of the Collateral, the financial condition of the Borrower and the Guarantors, and
the lack of material contingent liabilities of the Borrower and the Guarantors;

     (t) the Administrative Agent shall have received financing statement, tax, and judgment
lien search results against the Property of the Borrower, each Pride Entity, evidencing the
absence of Liens on its Property except for Permitted Liens;

     (u) the Administrative Agent shall have received a termination and lien release letter
from Wells Fargo Bank in form and substance acceptable to the Administrative Agent and shall
include, without limitation, evidence satisfactory to the Administrative Agent of the filing
of UCC amendments regarding (i) filing number 42931659 filed with the Delaware Secretary of
State on October 12, 2004 and naming Pride as the debtor and Wells Fargo Bank, National
Association as the secured party, and (ii) filing number 04-0084682082 filed with the Texas
Secretary of State on October 11, 2004, naming Pride Marketing as the debtor and Wells Fargo
Bank, National Association, as the secured party, in each instance releasing the Collateral
from the collateral described in each such filing;

     (v) the Administrative Agent shall have satisfactorily completed its due diligence with
respect to the Borrowers, the Guarantors and the Pride Entities, including, without
limitation, the Administrative Agent satisfactory review of the Pride Entities supply
agreements and the Magellan Contracts;

     (w) the Administrative Agent shall have received evidence satisfactorily to it that the
notice required by Section 7.7 of the SunTrust Agreement as a result of any agreements
between the Borrower and Refining has been delivered to all Persons required to receive such
notice;

     (x) as of the Closing Date, each of the operating deposit accounts of the Borrower
(other than local petty cash deposit accounts and payroll accounts described in
clause (ii) of the proviso to Section 4.1 hereof) shall be maintained with the
Administrative Agent;

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     (y) no material adverse change in the financial condition, prospects, or operations of
Holdings shall have occurred since the most recent audited financial statements of Holdings;

     (z) to Borrower’s knowledge, no material adverse change in the operations of the
“Purchased Assets” (as defined in the Purchased Agreement) shall have occurred since the
most recent audited financial statements of the Pride Entities;

     (aa) the Administrative Agent shall have received for each Lender the favorable written
opinions of counsel to the Borrower, Holdings, Marketing Inc. and Marketing GP, in form and
substance satisfactory to the Administrative Agent; and

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

Section 4. The Collateral and Guaranties.

     Section 4.1. Collateral. The Obligations, Hedging Liability, and Funds Transfer and Deposit
Account Liability shall be secured by (a) valid, perfected, and enforceable Liens on all right,
title, and interest of the Borrower and each U.S. Subsidiary in all capital stock and other equity
interests held by such Person in each of its U.S. Subsidiaries, whether now owned or hereafter
formed or acquired, and all proceeds thereof, and (b) valid, perfected, and enforceable Liens on
all right, title, and interest of the Borrower and each Subsidiary in all personal property,
fixtures, and real estate, whether now owned or hereafter acquired or arising, and all proceeds
thereof; provided, however, that: (i) the Lien of the Administrative Agent on Property subject to
a Capital Lease or conditional sale agreement or subject to a purchase money lien, in each instance
to the extent permitted hereby, shall be subject to the rights of the lessor or lender thereunder,
(ii) until a Default or Event of Default has occurred and is continuing and thereafter until
otherwise required by the Administrative Agent or the Required Lenders, Liens on local petty cash
deposit accounts maintained by the Borrower and its Subsidiaries in proximity to their operations
need not be perfected provided that the total amount on deposit at any one time not so perfected
shall not exceed $100,000 in the aggregate and Liens on payroll accounts maintained by the Borrower
and its Subsidiaries need not be perfected provided the total amount on deposit at any time does
not exceed the current amount of their payroll obligation, and (iii) until a Default or Event of
Default has occurred and is continuing and thereafter until otherwise required by the
Administrative Agent or the Required Lenders, Liens on vehicles which are subject to a certificate
of title law need not be perfected provided that the total value of such property at any one time
not so perfected shall not exceed $500,000 in the aggregate. The Borrower acknowledges and agrees
that the Liens on the Collateral shall be granted to the Administrative Agent for the benefit of
the holders of the Obligations, the Hedging Liability, and the Funds Transfer and Deposit Account
Liability and shall be valid and perfected first priority Liens subject, however, to the proviso
appearing at the end of the immediately preceding sentence, in each case pursuant to one or more
Collateral Documents from such Persons, each in form and substance satisfactory to the
Administrative Agent.

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     Section 4.2. Liens on Real Property. In the event that the Borrower or any Subsidiary owns or
hereafter acquires any real property, the Borrower shall, or shall cause such Subsidiary to,
execute and deliver to the Administrative Agent (or a security trustee therefor) a mortgage or deed
of trust acceptable in form and substance to the Administrative Agent for the purpose of granting
to the Administrative Agent a Lien on such real property to secure the Obligations, Hedging
Liability, and Funds Transfer and Deposit Account Liability, shall pay all taxes, costs, and
expenses incurred by the Administrative Agent in recording such mortgage or deed of trust, and
shall supply to the Administrative Agent at the Borrower’s cost and expense a survey, environmental
report, hazard insurance policy, appraisal report, and a mortgagee’s policy of title insurance with
respect to any fee interest from a title insurer reasonably acceptable to the Administrative Agent
insuring the validity of such mortgage or deed of trust and its status as a first Lien (subject to
Permitted Liens) on the real property encumbered thereby and such other instrument, documents,
certificates, and opinions reasonably required by the Administrative Agent in connection therewith.

     Section 4.3. Guaranties. The payment and performance of the Obligations, Hedging Liability,
and Funds Transfer and Deposit Account Liability shall at all times be guaranteed by each direct
and indirect U.S. Subsidiary of the Borrower, Holdings, Marketing Inc. and Marketing GP (each
individually a “Guarantor” and collectively the “Guarantors”) pursuant to one or more guaranty
agreements in form and substance acceptable to the Administrative Agent, as the same may be
amended, modified or supplemented from time to time (individually a “Guaranty” and collectively the
“Guaranties”).

     Section 4.4. Further Assurances. The Borrower agrees that it shall, and shall cause each
Subsidiary to, from time to time at the request of the Administrative Agent or the Required
Lenders, execute and deliver such documents and do such acts and things as the Administrative Agent
or the Required Lenders may reasonably request in order to provide for or perfect or protect such
Liens on the Collateral. In the event the Borrower or any Subsidiary forms or acquires any other
Subsidiary after the date hereof, the Borrower shall promptly upon such formation or acquisition
cause such newly formed or acquired Subsidiary to execute a Guaranty and such Collateral Documents
as the Administrative Agent may then require, and the Borrower shall also deliver to the
Administrative Agent, or cause such Subsidiary to deliver to the Administrative Agent, at the
Borrower’s cost and expense, such other instruments, documents, certificates, and opinions
reasonably required by the Administrative Agent in connection therewith.

Section 5. Representations and Warranties.

     The Borrower represents and warrants to each Lender and the Administrative Agent, and agrees,
that (all references in this Section 5 (and only this Section 5) to the Guarantor shall mean all
Guarantors other than Holdings):

     Section 5.1. Organization and Qualification. The Borrower and each of its Subsidiaries (i) is
duly organized, validly existing and in good standing under the laws of the jurisdiction of its
organization, (ii) has the power and authority to own its property and to transact the business in
which it is engaged and proposes to engage and (iii) is duly qualified and in good standing (if

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applicable) in each
jurisdiction where the ownership, leasing or operation of property or the conduct of its business
requires such qualification.

     Section 5.2. Authority and Enforceability. The Borrower has full right and authority to enter
into this Agreement and the other Loan Documents executed by it, to make the borrowings herein
provided for, to issue its Notes in evidence thereof, to grant to the Administrative Agent the
Liens described in the Collateral Documents executed by the Borrower, and to perform all of its
obligations hereunder and under the other Loan Documents executed by it. Each Subsidiary, if any,
has full right and authority to enter into the Loan Documents executed by it, to guarantee the
Obligations, Hedging Liability, and Funds Transfer and Deposit Account Liability, to grant to the
Administrative Agent the Liens described in the Collateral Documents executed by such Person, and
to perform all of its obligations under the Loan Documents executed by it. The Loan Documents
delivered by the Borrower and by each Subsidiary, if any, have been duly authorized, executed, and
delivered by such Person and constitute valid and binding obligations of such Person enforceable
against it in accordance with their terms, except as enforceability may be limited by bankruptcy,
insolvency, fraudulent conveyance or similar laws affecting creditors’ rights generally and general
principles of equity (regardless of whether the application of such principles is considered in a
proceeding in equity or at law); and this Agreement and the other Loan Documents do not, nor does
the performance or observance by the Borrower or any Subsidiary, if any, of any of the matters and
things herein or therein provided for, (a) contravene or constitute a default under any provision
of law or any judgment, injunction, order or decree binding upon the Borrower or any Subsidiary, if
any, or any provision of the organizational documents (e.g., charter, articles of incorporation,
by-laws, articles of association, operating agreement, partnership agreement or other similar
document) of the Borrower or any Subsidiary, (b) contravene or constitute a default under any
covenant, indenture or agreement of or affecting the Borrower or any Subsidiary or any of its
Property, in each case where such contravention or default, individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect or (c) result in the creation or
imposition of any Lien on any Property of the Borrower or any Subsidiary other than the Liens
granted in favor of the Administrative Agent pursuant to the Collateral Documents.

     Section 5.3. Financial Reports. The pro forma income statement of the Borrower as of June 30,
2006, after taking into account the Pride Purchase, for the twelve months then ended, heretofore
furnished to the Administrative Agent, has been prepared in good faith based on reasonable
assumptions. Neither the Borrower nor any Subsidiary has contingent liabilities or judgments,
orders or injunctions against it that are material to it other than as disclosed in writing to the
Administrative Agent by the Borrower or, with respect to future periods, or indicated on the
financial statements furnished pursuant to Section 6.1 hereof.

     Section 5.4. No Material Adverse Change. Since June 30, 2006, there has been no change in the
condition (financial or otherwise) or business prospects of the Borrower or any Guarantor except
those occurring in the ordinary course of business, none of which individually or in the aggregate
could reasonably be expected to have a Material Adverse Effect.

     Section 5.5. Litigation and other Controversies. There is no litigation, arbitration or
governmental proceeding pending or, to the knowledge of the Borrower and the Guarantors,

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threatened
against the Borrower or any of the Guarantors that could reasonably be expected to have a Material
Adverse Effect.

     Section 5.6. True and Complete Disclosure. All information furnished by or on behalf of the
Borrower or any of the Guarantors in writing to the Administrative Agent or any Lender for purposes
of or in connection with this Agreement, or any transaction contemplated herein, is true and
accurate in all material respects and not incomplete by omitting to state any material fact
necessary to make such information (taken as a whole) not misleading in light of the circumstances
under which such information was provided.

     Section 5.7. Use of Proceeds; Margin Stock. (a) All proceeds of Loans shall be used by the
Borrower to finance the Pride Purchase and for working capital purposes and other general corporate
purposes (excluding Acquisitions other than the Pride Purchase) of the Borrower and its
Subsidiaries. No part of the proceeds of any Loan or other extension of credit hereunder will be
used by the Borrower or any Subsidiary thereof to purchase or carry any margin stock (within the
meaning of Regulation U of the Board of Governors of the Federal Reserve System) or to extend
credit to others for the purpose of purchasing or carrying any margin stock. Neither the making of
any Loan or other extension of credit hereunder nor the use of the proceeds thereof will violate or
be inconsistent with the provisions of Regulations T, U or X of the Board of Governors of the
Federal Reserve System and any successor to all or any portion of such regulations. Margin Stock
(as defined above) constitutes less than 25% of the value of those assets of the Borrower and its
Subsidiaries that are subject to any limitation on sale, pledge or other restriction hereunder.

     Section 5.8. Taxes. The Borrower and each Guarantor has timely filed or caused to be timely
filed all material tax returns required to be filed by the Borrower and/or any Guarantor. The
Borrower and each Guarantor has paid all material taxes, assessments and other governmental charges
payable by them other than taxes, assessments and other governmental charges which are not
delinquent or which are being contested in good faith and by proper proceedings and as to which
appropriate reserves are provided therefor.

     Section 5.9. ERISA. The Borrower and each other member of its Controlled Group has fulfilled
its obligations under the minimum funding standards of, and is in compliance in all material
respects with, ERISA and the Code to the extent applicable to it and, other than a liability for
premiums under Section 4007 of ERISA, has not incurred any liability to the PBGC or a Plan under
Title IV of ERISA. The Borrower and the Guarantors have no contingent liabilities with respect to
any post-retirement benefits under a welfare plan, as defined in Section 3(1) of ERISA, other than
liability for continuation coverage described in article 6 of Title 1 of ERISA.

     Section 5.10. Subsidiaries. Schedule 5.10 correctly sets forth, as of the Closing Date, each
Subsidiary of the Borrower, its respective jurisdiction of organization and the percentage
ownership (direct and indirect) of the Borrower in each class of capital stock or other equity
interests of each of its Subsidiaries and also identifies the direct owner thereof. No Subsidiary
of Borrower is a Foreign Subsidiary.

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     Section 5.11. Compliance with Laws. The Borrower and each Guarantor is in compliance with all
applicable statutes, regulations and orders of, and all applicable restrictions imposed by, all
Governmental Authority in respect of the conduct of their businesses and the ownership of their
property, except such noncompliances as could not reasonably be expected to have, either
individually or in the aggregate, a Material Adverse Effect.

     Section 5.12. Environmental Matters. The Borrower and each Guarantor is in compliance with
all applicable Environmental Laws and the requirements of any permits issued under such
Environmental Laws, except to the extent that the aggregate effect of all non-compliances could not
reasonably be expected to have a Material Adverse Effect. Except as could not reasonably be
expected to have a Material Adverse Effect, there are no pending or, to the best knowledge of the
Borrower and its Subsidiaries after due inquiry, threatened Environmental Claims, including,
without limitation, any such claims for liabilities under CERCLA relating to the Release of
Hazardous Materials, against the Borrower or any Guarantor or any real property, including
leaseholds, owned or operated by the Borrower or any Guarantor. Except as set forth on Schedule
5.12, there are no facts, circumstances, conditions or occurrences on any real property, including
leaseholds, owned or operated by the Borrower or any Guarantor that, to the best knowledge of the
Borrower and its Subsidiaries after due inquiry, could reasonably be expected (i) to form the basis
of a material Environmental Claim against the Borrower or any Guarantor or any such real property,
or (ii) to cause any such real property to be subject to any restrictions on the ownership,
occupancy, use or transferability of such real property by the Borrower or any Guarantor under any
applicable Environmental Law. Hazardous Materials have not been Released on or from any real
property, including leaseholds, owned or operated by the Borrower or any Guarantor where such
Release, individually, may reasonably be expected to require in excess of $100,000 in response
costs under any applicable Environmental Law.

     Section 5.13. Investment Company. Neither the Borrower nor any Guarantor is an “investment
company” or a company “controlled” by an “investment company” within the meaning of the Investment
Company Act of 1940, as amended.

     Section 5.14. Intellectual Property. The Borrower and each Guarantor owns all the patents,
trademarks, permits, service marks, trade names, copyrights, franchises and formulas, or rights
with respect to the foregoing, or each has obtained licenses of all other rights of whatever nature
necessary for the present conduct of its businesses, in each case without any known conflict with
the rights of others which, or the failure to obtain which, as the case may be, could reasonably be
expected to result in a Material Adverse Effect.

     Section 5.15. Good Title. From and after the delivery of the Closing Date balance sheet
pursuant to Section 6.1(k) hereof, the Borrower and its Subsidiaries have good and marketable
title, or valid leasehold interests, to their assets as reflected on the Borrower’s most recent
consolidated balance sheet provided to the Administrative Agent, except for sales of assets in the
ordinary course of business, subject to no Liens, other than Permitted Liens.

     Section 5.16. Labor Relations. Neither the Borrower nor any Guarantor is engaged in any
unfair labor practice that could reasonably be expected to have a Material Adverse Effect. There
is (i) no strike, labor dispute, slowdown or stoppage pending against the Borrower or any

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Guarantor
or, to the best knowledge of the Borrower and its Subsidiaries, threatened against the Borrower or
any Guarantor and (ii) to the best knowledge of the Borrower and its Subsidiaries, no union
representation proceeding is pending with respect to the employees of the Borrower or any Guarantor
and no union organizing activities are taking place, except (with respect to any matter specified
in clause (i) or (ii) above, either individually or in the aggregate) such as could not reasonably
be expected to have a Material Adverse Effect.

     Section 5.17. Capitalization. All outstanding equity interests of the Borrower and each
Subsidiary have been duly authorized and validly issued, and are fully paid, and there are no
outstanding commitments or other obligations of the Borrower or any Subsidiary to issue, and no
rights of any Person to acquire, any equity interests in the Borrower or any Subsidiary.

     Section 5.18. Other Agreements. Neither the Borrower nor any Guarantor is in default under
the terms of any covenant, indenture or agreement of or affecting the Borrower, any Subsidiary or
any of their Property, which default if uncured could reasonably be expected to have a Material
Adverse Effect.

     Section 5.19. Governmental Authority and Licensing. The Borrower and the Guarantors have
received all licenses, permits, and approvals of each Governmental Authority necessary to conduct
their businesses, in each case where the failure to obtain or maintain the same could reasonably be
expected to have a Material Adverse Effect. No investigation or proceeding that, if adversely
determined, could reasonably be expected to result in revocation or denial of any material license,
permit or approval is pending or, to the knowledge of the Borrower and its Subsidiaries,
threatened.

     Section 5.20. Approvals. No authorization, consent, license or exemption from, or filing or
registration with, any Governmental Authority, nor any approval or consent of any other Person, is
or will be necessary to the valid execution, delivery or performance by the Borrower or any
Guarantor of any Loan Document, except for such approvals which have been obtained prior to the
date of this Agreement and remain in full force and effect.

     Section 5.21. Affiliate Transactions. Neither the Borrower nor any Guarantor is a party to
any contracts or agreements with any of its Affiliates (other than with Wholly-owned Subsidiaries)
other than (x) the MAPCO Services Agreement, the Refining Operating Agreement and the transfer
permitted by Section 6.13(f) hereof, (y) arrangements obligating the Borrower to reimburse an
Affiliate for direct operating expenses paid by such Affiliate on behalf of Borrower other than
expenses paid by such Affiliate after the occurrence and during the continuance of a payment
default hereunder or a Default under Section 6.19 hereof and (z) other contracts or agreements on
terms and conditions which are not less favorable to the Borrower or such Subsidiary than would be
usual and customary in similar contracts or agreements between Persons not affiliated with each
other.

     Section 5.22. Solvency. The Borrower and the Guarantors are solvent, able to pay their debts
as they become due, and have sufficient capital to carry on their business and all businesses in
which they are about to engage.

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     Section 5.23. No Broker Fees. No broker’s or finder’s fee or commission will be payable with
respect hereto or any of the transactions contemplated thereby; and the Borrower hereby agrees to
indemnify the Administrative Agent and the Lenders against, and agree that they will hold the
Administrative Agent and the Lenders harmless from, any claim, demand, or liability for any such
broker’s or finder’s fees alleged to have been incurred in connection herewith or therewith and any
expenses (including reasonable attorneys’ fees) arising in connection with any such claim, demand,
or liability.

     Section 5.24. Foreign Assets Control Regulations and Anti-Money Laundering. (a) OFAC.
Neither Borrower nor any of the Guarantors is (i) a person whose property or interest in property
is blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23,
2001 Blocking Party and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or
Support Terrorism (66 Fed. Reg. 49079 (2001)), (ii) a person who engages in any dealings or
transactions prohibited by Section 2 of such executive order, or is otherwise associated with any
such person in any manner violative of Section 2, or (iii) a person on the list of Specially
Designated Nationals and Blocked Persons or subject to the limitations or prohibitions under any
other U.S. Department of Treasury’s Office of Foreign Assets Control regulation or executive order.

     (b) Patriot Act. The Borrower and the Guarantors are in compliance, in all material respects,
with the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the
“Patriot Act”). No part of the proceeds of the Loans will be used, directly or indirectly, for any
payments to any governmental official or employee, political party, official of a political party,
candidate for political office, or anyone else acting in an official capacity, in order to obtain,
retain or direct business or obtain any improper advantage, in violation of the United States
Foreign Corrupt Practices Act of 1977, as Amended.

     Section 5.25. Purchase Agreement. The Borrower has provided to the Administrative Agent a
true and correct copy of the Purchase Agreement. The Purchase Agreement is in full force and
effect and has not, except as reflected in amendments provided to the Administrative Agent, been
amended or modified in any material respect from the version so delivered to the Administrative
Agent, no material condition to the effectiveness thereof has been waived and no material
obligations of any Pride Entity or the Borrower thereunder have been waived, except to the extent
approved in writing by the Administrative Agent, and the Borrower is not aware of any default
thereunder. No authorization, consent, license, or exemption from, or filing or registration with,
any Governmental Authority, nor any material approval or consent of any other Person, is or will be
necessary to the valid execution, delivery, or material performance by any Pride Entity or the
Borrower of the Purchase Agreement or of any other instrument or document executed and delivered in
connection therewith, except for (a) such thereof that have heretofore been obtained and remain in
full force and effect and (b) such thereof identified on Schedule 5.25 hereof.

     Section 5.26. SunTrust Agreement. The Borrower has not entered into any contracts or
agreements with any of its Affiliates that are
party to the SunTrust Agreement that would cause any of such Affiliates to be in default of such
agreement, nor has the Borrower taken any action under any contracts or agreements with any such
Affiliates that would cause any such default.

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Section 6. Covenants. 

     The Borrower covenants and agrees that, so long as any Credit is available to the Borrower
hereunder and until all Obligations are paid in full:

     Section 6.1. Information Covenants. The Borrower will furnish to the Administrative Agent,
with sufficient copies for each Lender:

     (a) Monthly Reports. Within 30 days after the end of each fiscal month of the
Borrower, the Borrower’s consolidated and consolidating statements of income and retained
earnings for such fiscal month and for the elapsed portion of the fiscal year-to-date period
then ended, in reasonable detail, prepared by the Borrower in accordance with GAAP, setting
forth comparative figures for the corresponding fiscal month in the prior fiscal year and
comparable budgeted figures for such fiscal month, all of which shall be certified by the
chief financial officer or other officer of the Borrower acceptable to the Administrative
Agent that they fairly present in all material respects in accordance with GAAP the
financial condition of the Borrower and its Subsidiaries as of the dates indicated and the
results of their operations and changes in their cash flows for the periods indicated,
subject to normal year-end audit adjustments and the absence of footnotes.

     (b) Quarterly Reports. Within 45 days after the end of each fiscal quarter of the
Borrower, the Borrower’s consolidated and consolidating balance sheet as at the end of such
fiscal quarter and the related consolidated and consolidating statements of income and
retained earnings and of cash flows for such fiscal month and for the elapsed portion of the
fiscal year-to-date period then ended, each in reasonable detail, prepared by the Borrower
in accordance with GAAP, setting forth comparative figures for the corresponding fiscal
quarter in the prior fiscal year and comparable budgeted figures for such fiscal month, all
of which shall be certified by the chief financial officer or other officer of the Borrower
acceptable to the Administrative Agent that they fairly present in all material respects in
accordance with GAAP the financial condition of the Borrower and its Subsidiaries as of the
dates indicated and the results of their operations and changes in their cash flows for the
periods indicated, subject to normal year-end audit adjustments and the absence of
footnotes.

     (c) Annual Statements. Within 120 days after the close of each fiscal year of the
Borrower, a copy of the Borrower’s consolidated and consolidating balance sheet as of the
last day of the fiscal year then ended and the Borrower’s consolidated and consolidating
statements of income, retained earnings, and cash flows for the fiscal year then ended, and
accompanying notes thereto, each in reasonable detail showing in comparative form the
figures for the previous fiscal year, accompanied by an opinion of Ernst & Young or other
firm of independent public accountants of recognized national standing, selected by the
Borrower and reasonably acceptable to the Administrative Agent (without a “going concern” or
like qualification, exception or explanation and without any qualification or exception as
to the scope of such audit), to the effect that the
consolidated financial statements have been prepared in accordance with GAAP and

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present
fairly in accordance with GAAP the consolidated financial condition of the Borrower and its
Subsidiaries as of the close of such fiscal year and the results of their operations and
cash flows for the fiscal year then ended and that an examination of such accounts in
connection with such financial statements has been made in accordance with generally
accepted auditing standards.

     (d) Officer’s Certificates. At the time of the delivery of the financial statements
provided for in Section 6.1(b) and (c), (i) a certificate of the chief financial officer or
other officer of the Borrower acceptable to Administrative Agent in the form of Exhibit E
(x) stating no Default or Event of Default has occurred during the period covered by such
statements of, if a Default or Event of Default exists, a detailed description of the
Default or Event of Default and all actions the Borrower is taking with respect to such
Default or Event of Default and (y) showing the Borrower’s compliance with the covenants set
forth in 6.19, and (ii) a comparison of the current year to date financial results (other
than in respect of the balance sheets included therein) against the budgets required to be
submitted pursuant to clause 6.1(e).

     (e) Budgets. As soon as available, but in any event at least 30 days prior to the
first day of each fiscal year of the Borrower, a budget in form satisfactory to the
Administrative Agent (including, without limitation, a breakdown of the projected results of
each line of business of the Borrower and its Subsidiaries, and budgeted consolidated and
consolidating statements of income, and sources and uses of cash and balance sheets for the
Borrower and its Subsidiaries) of the Borrower and its Subsidiaries in reasonable detail
satisfactory to the Administrative Agent for each fiscal month and the four fiscal quarters
of the immediately succeeding fiscal year and, with appropriate discussion, the principal
assumptions upon which such budget is based.

     (f) Notice of Default or Litigation. Promptly, and in any event within one Business
Day after any Responsible Officer of the Borrower obtains knowledge thereof, notice of (i)
the occurrence of any event which constitutes a Default or an Event of Default or any other
event which could reasonably be expected to have a Material Adverse Effect, which notice
shall specify the nature thereof, the period of existence thereof and what action the
Borrower proposes to take with respect thereto, (ii) the commencement of, or any significant
development in, any litigation, labor controversy, arbitration or governmental proceeding
pending against the Borrower or any of its Subsidiaries which could reasonably be expected
to have a Material Adverse Effect.

     (g) Management Letters. Promptly after the Borrower’s receipt thereof, a copy of each
report or any “management letter” submitted to the Borrower or any of its Subsidiaries by
its certified public accountants and the management’s responses thereto.

     (h) Other Reports and Filings. Promptly, copies of all financial information, proxy
materials and other material information, certificates, reports, statements and completed
forms, if any, which the Borrower or any of its Subsidiaries (x) has filed with the Railroad
Commission of Texas or any governmental agencies substituted therefor or any comparable
agency or (y) has delivered to holders of, or to any agent or trustee with

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respect to,
Indebtedness of the Borrower or any of its Subsidiaries in their capacity as such a holder,
agent or trustee to the extent that the aggregate principal amount of such
Indebtedness exceeds (or upon the utilization of any unused commitments may exceed)
$250,000.

     (i) Environmental Matters. Promptly upon, and in any event within five Business Days
after any officer of the Borrower obtains knowledge thereof, notice of one or more of the
following environmental matters which individually, or in the aggregate, may reasonably be
expected to have a Material Adverse Effect: (i) any notice of Environmental Claim against
the Borrower or any of its Subsidiaries or any real property owned or operated by the
Borrower or any of its Subsidiaries; (ii) any condition or occurrence on or arising from any
real property owned or operated by the Borrower or any of its Subsidiaries that (a) results
in noncompliance by the Borrower or any of its Subsidiaries with any applicable
Environmental Law or (b) could reasonably be expected to form the basis of an Environmental
Claim against the Borrower or any of its Subsidiaries or any such real property; (iii) any
condition or occurrence on any real property owned or operated by the Borrower or any of its
Subsidiaries that could reasonably be expected to cause such real property to be subject to
any restrictions on the ownership, occupancy, use or transferability by the Borrower or any
of its Subsidiaries of such real property under any Environmental Law; and (iv) any removal
or remedial actions to be taken in response to the actual or alleged presence of any
Hazardous Material on any real property owned or operated by the Borrower or any of its
Subsidiaries as required by any Environmental Law or any Governmental Authority. All such
notices shall describe in reasonable detail the nature of the claim, investigation,
condition, occurrence or removal or remedial action and the Borrower’s or such Subsidiary’s
response thereto. In addition, the Borrower agrees to provide the Lenders with copies of
all material written communications by the Borrower or any of its Subsidiaries with any
Person or Governmental Authority relating to any of the matters set forth in clauses
(i)-(iv) above, and such detailed reports relating to any of the matters set forth in
clauses (i)-(iv) above as may reasonably be requested by the Administrative Agent or the
Required Lenders.

     (j) Holdings SEC Filings. Within 10 days of each date Holdings is required to file its
forms 10-Q and 10-K with the Securities and Exchange Commission or any governmental agencies
substituted therefore (the “SEC”), notice of each such filing.

     (k) Post-Closing Financial Reports. Within 60 days after the Closing Date, the
Borrower’s balance sheet as at such date (the difference between the total assets and total
liabilities of the Borrower on such balance sheet shall be the “Initial Net Worth”) and the
Borrower’s pro forma statement of income for the Borrower’s fiscal month of July, 2006, then
ended (the net income for the Borrower on such income statement shall be the “July 2006
Income”), each in form and substance reasonably acceptable to the Administrative Agent,
prepared by the Borrower in accordance with GAAP, all of which shall be certified by the
chief financial officer or other officer of the Borrower acceptable to the Administrative
Agent that they fairly present in all material respects in accordance

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with GAAP the
financial condition of the Borrower as of the dates indicated and the results of operations
for the periods indicated.

     (l) Operations Reports. As soon as available and in any event within 30 days after the
end of each fiscal month of the Borrower, a report in form and substance
acceptable to the Administrative Agent which shall include key operating data for the
Borrower for such fiscal month and year-to-date.

     (m) Other Information. From time to time, such other information or documents
(financial or otherwise) relating to the business of Borrower as the Administrative Agent or
any Lender may reasonably request.

     Section 6.2. Inspections. The Borrower will, and will cause each Subsidiary to, permit
officers, representatives and agents of the Administrative Agent or any Lender, to visit and
inspect any Property of the Borrower or such Subsidiary, and to examine the books of account of the
Borrower or such Subsidiary and discuss the affairs, finances and accounts of the Borrower or such
Subsidiary with its and their officers and independent accountants, all at such reasonable times as
the Administrative Agent or any Lender may request.

     Section 6.3. Maintenance of Property, Insurance, Environmental Matters, etc. (a) The Borrower
will, and will cause each of its Subsidiaries to, (i) keep its property, plant and equipment in
good repair, working order and condition, normal wear and tear excepted, and shall from time to
time make all needful and proper repairs, renewals, replacements, extensions, additions,
betterments and improvements thereto so that at all times such property, plant and equipment are
reasonably preserved and maintained and (ii) maintain in full force and effect with financially
sound and reputable insurance companies insurance which provides substantially the same (or
greater) coverage and against at least such risks as is in accordance with industry practice, and
shall furnish to the Administrative Agent upon request full information as to the insurance so
carried. In any event, the Borrower shall, and shall cause each of its Subsidiaries to, maintain
insurance on the Collateral to the extent required by the Collateral Documents. Without limitation
to the foregoing, Borrower will maintain during the term of this Credit Agreement, at its own cost,
environmental insurance coverage equivalent to or greater than those policies and policy limits in
effect on the Closing Date. Borrower shall require the insurer to add and maintain the
Administrative Agent as an additional insured on any such policies.

     (b) Without limiting the generality of Section 6.3(a), the Borrower shall, and shall cause
each Subsidiary to, at all times, do the following to the extent the failure to do so, individually
or in the aggregate, could reasonably be expected to have a Material Adverse Effect: (i) comply in
all material respects with, and maintain each of the Premises in compliance in all material
respects with, all applicable Environmental Laws; (ii) require that each tenant and subtenant, if
any, of any of the Premises or any part thereof to comply in all material respects with all
applicable Environmental Laws; (iii) obtain and maintain in full force and effect all material
approvals of any Governmental Authority required by any applicable Environmental Law for operations
at each of the Premises; (iv) cure any material violation by it or at any of the Premises of
applicable Environmental Laws; (v) not allow the presence or operation at any of the Premises of
any hazardous waste management facility or solid waste disposal facility for which

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any permit is
required pursuant to RCRA or any comparable state law; (vi) not manufacture, use, generate,
transport, treat, store, release, dispose or handle any Hazardous Materials at any of the Premises
except in the ordinary course of its business; (vii) within 10 Business Days notify the
Administrative Agent in writing of and provide any reasonably requested documents upon learning of
any of the following in connection with the Borrower or any Subsidiary or any of the
Premises: (1) any material liability for response or corrective action, natural resource damage or
other harm pursuant to CERCLA, RCRA or any comparable state law; (2) any material Environmental
Claim; (3) any material violation of an Environmental Law or material Release, threatened Release
or disposal of a Hazardous Material; (4) any restriction on the ownership, occupancy, use or
transferability arising pursuant to any (x) Release, threatened Release or disposal of a Hazardous
Material or (y) Environmental Law; or (5) any environmental, natural resource, health or safety
condition, which could reasonably be expected to have a Material Adverse Effect; (viii) conduct at
its expense any investigation, study, sampling, testing, abatement, cleanup, removal, remediation
or other response action necessary to remove, remediate, clean up or abate any material Release,
threatened Release or disposal of a Hazardous Material as required by any applicable Environmental
Law or at the reasonable request of the Administrative Agent, (ix) abide by and observe any
restrictions on the use of the Premises imposed by any Governmental Authority as set forth in a
deed or other instrument affecting the Borrower’s or any Subsidiary’s interest therein; (x)
promptly provide or otherwise make available to the Administrative Agent any reasonably requested
environmental record concerning the Premises which the Borrower or any Subsidiary possesses or can
reasonably obtain; and (xi) perform, satisfy, and implement any operation or maintenance actions
required by any Governmental Authority or Environmental Law, or included in any no further action
letter or covenant not to sue issued by any Governmental Authority under any Environmental Law.

     Section 6.4. Preservation of Existence. The Borrower will, and will cause each of its
Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force
and effect its existence and, except where the failure to do so would not reasonably be expected to
have a Material Adverse Effect, its franchises, authority to do business, licenses, patents,
trademarks, copyrights and other proprietary rights; provided, however, that nothing in this
Section 6.4 shall prevent, to the extent permitted by Section 6.13, sales of assets by the Borrower
or any of its Subsidiaries, the dissolution or liquidation of any Subsidiary of the Borrower, or
the merger or consolidation between or among the Subsidiaries of the Borrower. No Subsidiary of
Borrower shall be a Foreign Subsidiary.

     Section 6.5. Compliance with Laws. The Borrower shall, and shall cause each Subsidiary to,
comply in all respects with the requirements of all laws, rules, regulations, ordinances and orders
applicable to its property or business operations of any Governmental Authority, where any such
non-compliance, individually or in the aggregate, could reasonably be expected to have a Material
Adverse Effect.

     Section 6.6. ERISA. The Borrower shall, and shall cause each Subsidiary to, promptly pay and
discharge all obligations and liabilities arising under ERISA of a character which if unpaid or
unperformed could reasonably be expected to have a Material Adverse Effect or result in a Lien upon
any of its Property. The Borrower shall, and shall cause each Subsidiary to, promptly notify the
Administrative Agent and each Lender of: (a) the occurrence of any

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reportable event (as defined in
ERISA) with respect to a Plan, (b) receipt of any notice from the PBGC of its intention to seek
termination of any Plan or appointment of a trustee therefor, (c) its intention to terminate or
withdraw from any Plan, and (d) the occurrence of any event with respect to any Plan which would
result in the incurrence by the Borrower or any Subsidiary of any material liability, fine or
penalty, or any
material increase in the contingent liability of the Borrower or any Subsidiary with respect to any
post-retirement Welfare Plan benefit.

     Section 6.7. Payment of Taxes. The Borrower will, and will cause each of its Subsidiaries to,
pay and discharge, all material taxes, assessments, fees and other governmental charges imposed
upon it or any of its Property, before becoming delinquent and before any penalties accrue thereon,
unless and to the extent that the same are being contested in good faith and by proper proceedings
and as to which appropriate reserves are provided therefor, unless and until any Lien resulting
therefrom attaches to any of its Property.

     Section 6.8. Contracts With Affiliates. The Borrower shall not, nor shall it permit any
Subsidiary to, enter into any contract, agreement or business arrangement with any of its
Affiliates on terms and conditions which are less favorable to the Borrower or such Subsidiary than
would be usual and customary in similar contracts, agreements or business arrangements between
Persons not affiliated with each other other than the MAPCO Services Agreement, the Refining
Operating Agreement, the transfer permitted by Section 6.13(f) hereof and all arrangements referred
to in clause (y) of Section 5.21.

     Section 6.9. No Changes in Fiscal Year. The Borrower shall not, nor shall it permit any
Subsidiary to, change its fiscal year from its present basis.

     Section 6.10. Change in the Nature of Business. The Borrower shall not, nor shall it permit
any Subsidiary to, engage in any business or activity if as a result the general nature of the
business of the Borrower or any Subsidiary would be changed in any material respect from the
general nature of the business engaged in by it as of the Closing Date.

     Section 6.11. Indebtedness. The Borrower will not, and will not permit any of its
Subsidiaries to, contract, create, incur, assume or suffer to exist any Indebtedness, except that
this Section shall not prevent;

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

     (b) intercompany Indebtedness among the Borrower and its Subsidiaries to the extent
permitted by Section 6.14;

     (c) purchase money Indebtedness and Capitalized Lease Obligations of the Borrower and
its Subsidiaries in an amount not to exceed $1,000,000 in the aggregate at any one time
outstanding;

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     (d) Hedging Agreements entered into in the ordinary course of business and not for
speculative purposes; and

     (e) unsecured Indebtedness of the Borrower and its Subsidiaries not otherwise permitted
by this Section in an amount not to exceed $1,000,000 in the aggregate at any one time
outstanding.

     Section 6.12. Liens. The Borrower will not, and will not permit any of its Subsidiaries to,
create, incur or suffer to exist any Lien on any of its Property; provided that this Section shall
not prevent (the Liens described below, the “Permitted Liens”):

     (a) inchoate Liens for the payment of taxes which are not yet due and payable or the
payment of which is not required by Section 6.7;

     (b) Liens arising by statute in connection with worker’s compensation, unemployment
insurance, old age benefits, social security obligations, taxes, assessments, statutory
obligations or other similar charges (other than Liens arising under ERISA), good faith cash
deposits in connection with tenders, contracts or leases to which the Borrower or any
Subsidiary is a party or other cash deposits required to be made in the ordinary course of
business, provided in each case that the obligation is not for borrowed money and that the
obligation secured is not overdue or, if overdue, is being contested in good faith by
appropriate proceedings which prevent enforcement of the matter under contest and adequate
reserves have been established therefor;

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

     (d) Liens created by or pursuant to this Agreement and the Collateral Documents;

     (e) Liens on property of the Borrower or any Subsidiary created solely for the purpose
of securing indebtedness permitted by Section 6.11(c) hereof, representing or incurred to
finance the purchase price of Property, provided that no such Lien shall extend to or cover
other Property of the Borrower or such Subsidiary other than the respective Property so
acquired, and the principal amount of indebtedness secured by any such Lien shall at no time
exceed the purchase price of such Property, as reduced by repayments of principal thereon;

     (f) Liens appearing as exceptions listed on Schedule B to Stewart Title Guaranty
Company pro forma Policy Nos. 06331899, 06331900 and 06331898; and

     (g) easements, rights-of-way, restrictions, and other similar encumbrances against real
property incurred in the ordinary course of business which, in the aggregate, are not
substantial in amount and which do not materially detract from the value of the

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Property
subject thereto or materially interfere with the ordinary conduct of the business of the
Borrower or any Subsidiary.

     Section 6.13. Consolidation, Merger, Sale of Assets, etc. The Borrower will not, and will not
permit any of its Subsidiaries to, wind up, liquidate or dissolve its affairs or agree to any
merger or consolidation, or convey, sell, lease or otherwise dispose of all or any part of its
property, including any disposition as part of any sale-leaseback transactions except that this
Section shall not prevent:

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

     (b) the sale, transfer or other disposition of any tangible personal property that, in
the reasonable judgment of the Borrower or its Subsidiaries, has become uneconomic, obsolete
or worn out;

     (c) the sale, transfer, lease, or other disposition of Property of the Borrower and its
Wholly-owned Subsidiaries to one another;

     (d) the merger of any Wholly-owned Subsidiary with and into the Borrower or any other
Wholly-owned Subsidiary, provided that, in the case of any merger involving the Borrower,
the Borrower is the legal entity surviving the merger;

     (e) the sale, transfer, lease, or other disposition of Property of the Borrower or any
Subsidiary (including any disposition of Property as part of a sale and leaseback
transaction) aggregating for the Borrower and its Subsidiaries not more than $1,000,000
during any fiscal year of the Borrower;

     (f) Hedging Agreements entered into in the ordinary course of business and not for
speculative purposes; and

     (g) the sale on or about the Closing Date of those certain Refining assets acquired
pursuant to the Pride Purchase for a sale price of $6,000,000 on the terms previously
disclosed to the Administrative Agent.

So long as no Default or Event of Default has occurred and is continuing or would arise as a result
thereof, upon the written request of the Borrower, the Administrative Agent shall release its Lien
on any Property sold pursuant to the foregoing provisions.

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     Section 6.14. Advances, Investments and Loans. The Borrower will not, and will not permit any
of its Subsidiaries to, directly or indirectly, make loans or advances to or make, retain or have
outstanding any investments (whether through purchase of equity interests or obligations or
otherwise) in, any Person or enter into any partnerships or joint ventures, or purchase or own a
futures contract or otherwise become liable for the purchase or sale of currency or other
commodities at a future date in the nature of a futures contract, except that this Section shall
not prevent:

     (a) receivables created in the ordinary course of business and payable or dischargeable
in accordance with customary trade terms;

     (b) investments in Cash Equivalents;

     (c) investments (including debt obligations) received in connection with the bankruptcy
or reorganization of suppliers and customers and in settlement of delinquent obligations of,
and other disputes with, customers and suppliers arising in the ordinary course of business;

     (d) the Borrower’s investments from time to time in its Wholly-Owned Subsidiaries, and
investments made from time to time by a Wholly-Owned Subsidiary in or more of its
Wholly-Owned Subsidiaries;

     (e) intercompany advances made from time to time from the Borrower to any one or more
Wholly-Owned Subsidiaries in the ordinary course of business; and

     (f) other investments, loans and advances in addition to those otherwise permitted by
this Section in an amount not to exceed $1,000,000 in the aggregate at any one time
outstanding.

     Section 6.15. Dividends and Certain Other Restricted Payments. The Borrower shall not, nor
shall it permit any Subsidiary to, (a) make any distributions in respect of any class or series of
equity interests, (b) directly or indirectly purchase, redeem, or otherwise acquire or retire any
of its equity interests or any options, or similar instruments to acquire the same or (c) directly
or indirectly pay any Management Fees; provided, however, that the foregoing shall not operate to
prevent (i) the making of distributions by any Wholly-owned Subsidiary of the Borrower to its
parent company, (ii) the making of distributions by Borrower in order to permit the holders of its
equity interests to pay any taxes which are due any payable by such holders and attributable to
Borrower and its Subsidiaries, (iii) the payment of fees by the Borrower to MAPCO pursuant to that
MAPCO Services Agreement, (iv) the payment of fees by the Borrower to Refining pursuant to the
Refining Operating Agreement; provided that, the Borrower shall not amend or otherwise modify
either of the MAPCO Services Agreement or Refining Operating Agreement to increase the amount of
fees payable thereunder or accelerate any payment of fees payable thereunder, (v) payments of
amounts referred to in clause (y) of Section 5.21 or (vi) the making of a distribution by Borrower
to Holdings of the $3,500,000 escrow deposit plus accrued interest thereon deposited pursuant to
the Escrow Agreement dated June 21, 2006 among the Pride Entities,

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Holdings and Amegy Bank National
Association, as escrow agent, and entered into in connection with the Pride Purchase.

     Section 6.16. Limitation on Restrictions. The Borrower will not, and it will not permit any
of its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or
become effective any restriction on the ability of any such Subsidiary to (a) pay dividends or make
any other distributions on its capital stock or other equity interests owned by the Borrower or any
other Subsidiary, (b) pay or repay any Indebtedness owed to the Borrower or any other Subsidiary,
(c) make loans or advances to the Borrower or any other Subsidiary, (d) transfer any of its
Property to the Borrower or any other Subsidiary, (e) encumber or pledge any of its assets to or
for the benefit of the Administrative Agent or (f) guaranty the Obligations, Hedging Liability and
Funds Transfer and Deposit Account Liability.

     Section 6.17. Limitation on the Creation of Subsidiaries. Notwithstanding anything to the
contrary contained in this Agreement, the Borrower will not, and will not permit any of its
Subsidiaries to, establish, create or acquire after the Closing Date any Subsidiary; provided that
the Borrower and its Wholly-owned Subsidiaries shall be permitted to establish or create
Wholly-owned Subsidiaries so long as at least 10 days prior written notice thereof is given to the
Administrative Agent, and the Borrower and its Subsidiaries timely comply with the requirements of
Section 4 (at which time Section 5.10 shall be deemed to include a reference to such Subsidiary).

     Section 6.18. OFAC. The Borrower will not, and will not permit any of its Subsidiaries to,
(i) become a person whose property or interests in property are blocked or subject to blocking
pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Party and Prohibiting
Transactions With Persons Who Commit,
Threaten to Commit or Support Terrorism (66 Fed. Reg. 49079(2001), (ii) engage in any dealings or
transactions prohibited by Section 2 of such executive order, or be otherwise associated with any
such person in any manner violative of Section 2, and (iii) become a person on the list of
Specially Designated Nationals and Blocked Persons or subject to the limitations or prohibitions
under any other U.S. Department of Treasury’s Office of Foreign Assets Control regulation or
executive order.

     Section 6.19. Financial Covenants. (a) Leverage Ratio. As of the last day of each fiscal
quarter of the Borrower, the Borrower shall not permit the Leverage Ratio for the period of four
fiscal quarters then ended to be greater than 4.00 to 1.00.

     (b) Fixed Charge Coverage Ratio. As of the last day of each fiscal quarter of the Borrower,
the Borrower shall maintain a ratio of EBITDA for the four fiscal quarters of the Borrower then
ended to Fixed Charges for the same four fiscal quarters then ended of greater than 1.20 to 1.0.

     (c) Net Worth. The Borrower shall at all times maintain Net Worth of the Borrower and its
Subsidiaries determined on a consolidated basis in an amount not less than (i) 85% of the Initial
Net Worth plus (ii) 75% of the sum of (A) Net Income for each fiscal quarter of the Borrower ending
on or after the Closing Date (i.e., commencing with the fiscal quarter beginning on or about
September 30, 2006), for which such Net Income is a positive amount (i.e., there

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shall be no
reduction to the minimum amount of Net Worth required to be maintained hereunder for any fiscal
quarter in which Net Income is less than zero) plus (B) equity contributions made by Holdings and
its Affiliates to the Borrower after the Closing Date.

          Section 6.20. Deposit Accounts. Each of the operating deposit accounts of the Borrower (other
than local petty cash deposit accounts and payroll accounts described in clause (ii) of the proviso
to Section 4.1 hereof) shall at all times be maintained with the Administrative Agent.

Section 7. Events of Default and Remedies.

     Section 7.1. Events of Default. Any one or more of the following shall constitute an “Event
of Default” hereunder:

     (a) default in the payment when due (whether at the stated maturity thereof or at any
other time provided for in this Agreement) of all or any part of the principal of or
interest on any Note or any other Obligation payable hereunder or under any other Loan
Document and such failure (other than in respect of principal) shall continue for three (3)
Business Days;

     (b) default in the observance or performance of any covenant set forth in Sections 6.1,
6.4, 6.11, 6.12, 6.13, 6.14, 6.15, 6.17, 6.19 or 6.20 hereof or of any provision in any Loan
Document dealing with the use, disposition or remittance of the proceeds of Collateral or
requiring the maintenance of insurance thereon;

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

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

     (e) any event occurs or condition exists (other than those described in subsections (a)
through (d) above) which is specified as an event of default under any of the other Loan
Documents, or any of the Loan Documents shall for any reason not be or shall cease to be in
full force and effect or is declared to be null and void, or any of the Collateral Documents
shall for any reason fail to create a valid and perfected first priority Lien in favor of
the Administrative Agent in any Collateral purported to be covered thereby except as
expressly permitted by the terms thereof, or any Subsidiary takes any action for the purpose
of terminating, repudiating or rescinding any Loan Document executed by it or any of its
obligations thereunder;

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     (f) default shall occur under any (i) Indebtedness of the Borrower or any Guarantor
(other than Holdings) aggregating in excess of $500,000 or (ii) Indebtedness of Holdings
aggregating in excess of $10,000,000, or under any indenture, agreement or other instrument
under which the same may be issued, and such default shall continue for a period of time
sufficient to permit the acceleration of the maturity of any such Indebtedness (whether or
not such maturity is in fact accelerated), or any such Indebtedness shall not be paid when
due following any applicable grace period (whether by demand, lapse of time, acceleration or
otherwise) or (ii) any Hedge Agreement of the
Borrower or any Guarantor (other than Holdings) with any Lender or any Affiliate of a
Lender;

     (g) any judgment or judgments, writ or writs or warrant or warrants of attachment, or
any similar process or processes, shall be entered or filed against (i) the Borrower or any
Guarantor (other than Holdings), or against any of its Property, in an aggregate amount in
excess of $500,000 or (ii) Holdings in an aggregate amount in excess of $10,000,000 (except
in any such case to the extent fully covered by insurance pursuant to which the insurer has
accepted liability therefor in writing), and which remains undischarged, unvacated, unbonded
or unstayed for a period of 30 days;

     (h) the Borrower or any Guarantor, or any member of its Controlled Group, shall fail to
pay when due an amount or amounts aggregating in excess of $500,000 which it shall have
become liable to pay to the PBGC or to a Plan under Title IV of ERISA; or notice of intent
to terminate a Plan or Plans having aggregate Unfunded Vested Liabilities in excess of
$500,000 (collectively, a “Material Plan”) shall be filed under Title IV of ERISA by the
Borrower or any of its Subsidiaries, or any other member of its Controlled Group, any plan
administrator or any combination of the foregoing; or the PBGC shall institute proceedings
under Title IV of ERISA to terminate or to cause a trustee to be appointed to administer any
Material Plan or a proceeding shall be instituted by a fiduciary of any Material Plan
against the Borrower or any of its Subsidiaries, or any member of its Controlled Group, to
enforce Section 515 or 4219(c)(5) of ERISA and such proceeding shall not have been dismissed
within 30 days thereafter; or a condition
shall exist by reason of which the PBGC would be entitled to obtain a decree adjudicating
that any Material Plan must be terminated;

     (i) any Change of Control shall occur;

     (j) the Borrower or any Guarantor shall (i) have entered involuntarily against it an
order for relief under the United States Bankruptcy Code, as amended, (ii) not pay, or admit
in writing its inability to pay, its debts generally as they become due, (iii) make an
assignment for the benefit of creditors, (iv) apply for, seek, consent to or acquiesce in,
the appointment of a receiver, custodian, trustee, examiner, liquidator or similar official
for it or any substantial part of its Property, (v) institute any proceeding seeking to have
entered against it an order for relief under the United States Bankruptcy Code, as amended,
to adjudicate it insolvent, or seeking dissolution, winding up, liquidation, reorganization,
arrangement, adjustment or composition of it or its debts under any law relating to
bankruptcy, insolvency or reorganization or relief of debtors or fail to file an

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answer or
other pleading denying the material allegations of any such proceeding filed against it,
(vi) take any action in furtherance of any matter described in parts (i) through (v) above,
or (vii) fail to contest in good faith any appointment or proceeding described in Section
7.1(k) hereof; or

     (k) a custodian, receiver, trustee, examiner, liquidator or similar official shall be
appointed for the Borrower or any Guarantor, or any substantial part of any of its Property,
or a proceeding described in Section 7.1(j)(v) shall be instituted against the
Borrower or any Subsidiary, and such appointment continues undischarged or such proceeding
continues undismissed or unstayed for a period of 60 days.

     Section 7.2. Non-Bankruptcy Defaults. When any Event of Default other than those described in
subsection (j) or (k) of Section 7.1 hereof has occurred and is continuing, the Administrative
Agent shall, by written notice to the Borrower: (a) if so directed by the Required Lenders,
terminate the remaining Commitments and all other obligations of the Lenders hereunder on the date
stated in such notice (which may be the date thereof); (b) if so directed by the Required Lenders,
declare the principal of and the accrued interest on all outstanding Loans to be forthwith due and
payable and thereupon all outstanding Loans, including both principal and interest thereon, shall
be and become immediately due and payable together with all other amounts payable under the Loan
Documents without further demand, presentment, protest or notice of any kind; and (c) if so
directed by the Required Lenders, demand that the Borrower immediately pay to the Administrative
Agent the full amount then available for drawing under each or any Letter of Credit, and the
Borrower agrees to immediately make such payment and acknowledges and agrees that the Lenders would
not have an adequate remedy at law for failure by the Borrower to honor any such demand and that
the Administrative Agent, for the benefit of the Lenders, shall have the right to the extent
permitted by applicable law to require the Borrower to specifically perform such undertaking
whether or not any drawings or other demands for payment have been made under any Letter of Credit.
The Administrative Agent, after giving notice to the Borrower pursuant to Section 7.1(c) or this
Section 7.2, shall also promptly send a copy of such notice to the other Lenders, but the failure
to do so shall not impair or annul the effect of such notice.

     Section 7.3. Bankruptcy Defaults. When any Event of Default described in subsections (j) or
(k) of Section 7.1 hereof has occurred
and is continuing, then all outstanding Loans shall immediately become due and payable together
with all other amounts payable under the Loan Documents without presentment, demand, protest or
notice of any kind, the Commitments and any and all other obligations of the Lenders to extend
further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower
shall immediately pay to the Administrative Agent the full amount then available for drawing under
all outstanding Letters of Credit, the Borrower acknowledging and agreeing that the Lenders would
not have an adequate remedy at law for failure by the Borrower to honor any such demand and that
the Lenders, and the Administrative Agent on their behalf, shall have the right to require the
Borrower to specifically perform such undertaking whether or not any draws or other demands for
payment have been made under any of the Letters of Credit.

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     Section 7.4. Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount
available for drawing under any or all outstanding Letters of Credit is required under Section
2.7(b) or under Section 7.2 or 7.3 above, the Borrower shall forthwith pay the amount required to
be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.

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

     Section 7.5. Notice of Default. The Administrative Agent shall give notice to the Borrower
under Section 7.1(c) hereof promptly upon being requested to do so by any Lender and shall
thereupon notify all the Lenders thereof.

     Section 7.6. Expenses. The Borrower agrees to pay to the Administrative Agent and each
Lender, and any other holder of any Note outstanding hereunder, all costs and expenses reasonably
incurred or paid by the Administrative Agent and
such Lender or any such holder, including reasonable attorneys’ fees and court costs, in connection
with any Default or Event of Default by the Borrower hereunder or in connection with the
enforcement of any of the Loan Documents (including all such costs and expenses incurred in
connection with any proceeding under the United States Bankruptcy Code involving the Borrower or
any of its Subsidiaries as a debtor thereunder).

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Section 8. Change in Circumstances and Contingencies.

     Section 8.1. Funding Indemnity. If any Lender shall incur any loss, cost or expense
(including, without limitation, any loss of profit, and any loss, cost or expense incurred by
reason of the liquidation or re-employment of deposits or other funds acquired by such Lender to
fund or maintain any Eurodollar Loan or Swing Loan or the relending or reinvesting of such deposits
or amounts paid or prepaid to such Lender or by reason of breakage of interest rate swap agreements
or the liquidation of other hedging contracts or agreements) as a result of:

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

     (b) any failure (because of a failure to meet the conditions of Section 3 or otherwise)
by the Borrower to borrow or continue a Eurodollar Loan or Swing Loan, or to convert a Base
Rate Loan into a Eurodollar Loan or Swing Loan, on the date specified in a notice given
pursuant to Section 2.4(a) hereof,

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

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

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

     Section 8.2. Illegality. Notwithstanding any other provisions of this Agreement or any Note,
if at any time any change in applicable law, rule or regulation or in the interpretation thereof
makes it unlawful for any Lender to make or continue to maintain any Eurodollar Loans or to perform
its obligations as contemplated hereby, such Lender shall promptly give notice thereof to the
Borrower and the Administrative Agent and such Lender’s obligations to make or maintain Eurodollar
Loans under this Agreement shall be suspended until it is no longer unlawful for such Lender to
make or maintain Eurodollar Loans. The Borrower shall prepay on demand the outstanding principal
amount of any such affected Eurodollar Loans, together with all interest accrued thereon and all
other amounts then due and payable to such Lender under this Agreement; provided, however, subject
to all of the terms and conditions of this Agreement, the Borrower may then elect to borrow the
principal amount of the affected Eurodollar Loans from such Lender by means of Base Rate Loans from
such Lender,
which Base Rate Loans shall not be made ratably by the Lenders but only from such affected Lender.

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     Section 8.3. Unavailability of Deposits or Inability to Ascertain, or Inadequacy of, LIBOR.
If on or prior to the first day of any Interest Period for any Borrowing of Eurodollar Loans:

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

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

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

     Section 8.4. Yield Protection. (a) If, on or after the date hereof, the adoption of any
applicable law, rule or regulation, or any change therein, or any change in the interpretation or
administration thereof by any Governmental Authority charged with the interpretation or
administration thereof, or compliance by any Lender (or its Lending Office) with any request or
directive (whether or not having the force of law) of any such Governmental Authority:

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

     (ii) shall impose, modify or deem applicable any reserve, special deposit or similar
requirement (including, without limitation, any such requirement imposed by the Board of
Governors of the Federal Reserve System, but excluding with respect to any Eurodollar Loans
any such requirement included in an applicable Reserve Percentage) against assets of,
deposits with or for the account of, or credit extended by, any Lender
(or its Lending Office) or shall impose on any Lender (or its Lending Office) or on the

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interbank market any other condition affecting its Eurodollar Loans, its Notes, its
Letter(s) of Credit, or its participation in any thereof, any Reimbursement Obligation owed
to it, or its obligation to make Eurodollar Loans, or to issue a Letter of Credit, or to
participate therein;

and the result of any of the foregoing is to increase the cost to such Lender (or its Lending
Office) of making or maintaining any Eurodollar Loan, issuing or maintaining a Letter of Credit, or
participating therein, or to reduce the amount of any sum received or receivable by such Lender (or
its Lending Office) under this Agreement or under any other Loan Document with
respect thereto, by an amount deemed by such Lender to be material, then, within 15 days after
demand by such Lender (with a copy to the Administrative Agent), the Borrower shall be obligated to
pay to such Lender such additional amount or amounts as will compensate such Lender for such
increased cost or reduction (but not, in any event, in respect of any period prior to 180 days
before the date of such demand).

     (b) If, after the date hereof, any Lender or the Administrative Agent shall have determined
that the adoption of any applicable law, rule or regulation regarding capital adequacy, or any
change therein, or any change in the interpretation or administration thereof by any Governmental
Authority charged with the interpretation or administration thereof, or compliance by any Lender
(or its Lending Office) or any corporation controlling such Lender with any request or directive
regarding capital adequacy (whether or not having the force of law) of any such Governmental
Authority has had the effect of reducing the rate of return on such Lender’s or such corporation’s
capital as a consequence of its obligations hereunder to a level below that which such Lender or
such corporation could have achieved but for such adoption, change or compliance (taking into
consideration such Lender’s or such corporation’s policies with respect to capital adequacy) by an
amount deemed by such Lender to be material, then from time to time, within 15 days after demand by
such Lender (with a copy to the Administrative Agent), the Borrower shall pay to such Lender such
additional amount or amounts as will compensate such Lender for such reduction (but not, in any
event, in respect of any period prior to 180 days before the date of such demand).

     (c) A certificate of a Lender claiming compensation under this Section 8.4 and setting forth
the additional amount or amounts to be paid to it hereunder shall be conclusive absent manifest
error. In determining such amount, such Lender shall act in a nondiscriminatory manner and may use
any reasonable averaging and attribution methods.

     Section 8.5. Substitution of Lenders. Upon the receipt by the Borrower of (a) a claim from
any Lender for compensation under Section 8.4 or 10.1 hereof, (b) notice by any Lender to the
Borrower of any illegality pursuant to Section 8.2 hereof or (c) in the event any Lender is in
default in any material respect with respect to its obligations under the Loan Documents (any such
Lender referred to in clause (a), (b) or (c) above being hereinafter referred to as an “Affected
Lender”), the Borrower may, in addition to any other rights the Borrower may have hereunder or
under applicable law, require, at its expense, any such Affected Lender to assign, at par plus
accrued interest and fees, without recourse, all of its interest, rights, and obligations hereunder
(including all of its Commitments and the Loans and participation interests in Letters of Credit
and other amounts at any time owing to it hereunder and the other Loan Documents) to

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a bank or other institutional lender specified by the Borrower, provided that (i) such
assignment shall not conflict with or violate any law, rule or regulation or order of any
Governmental Authority, (ii) if the assignment to a Person other than a Lender, the Borrower shall
have received the written consent of the Administrative Agent and the L/C Issuer, which consents
shall not be unreasonably withheld, to such assignment, (iii) the Borrower shall have paid to the
Affected Lender all monies (together with amounts due such Affected Lender under Section 8.1 hereof
as if the Loans owing to it were prepaid rather than assigned) other than principal owing to it
hereunder, and (iv) the assignment is entered into in accordance with the other requirements of
Section 10.10 hereof.

     Section 8.6. Lending Offices. Each Lender may, at its option, elect to make its Loans
hereunder at the branch, office or affiliate specified on the appropriate signature page hereof
(each a “Lending Office”) for each type of Loan available hereunder or at such other of its
branches, offices or affiliates as it may from time to time elect and designate in a written notice
to the Borrower and the Administrative Agent. To the extent reasonably possible, a Lender shall
designate an alternative branch or funding office with respect to its Eurodollar Loans to reduce
any liability of the Borrower to such Lender under Section 8.4 hereof or to avoid the
unavailability of Eurodollar Loans under Section 8.3 hereof, so long as such designation is not
disadvantageous to the Lender.

     Section 8.7. Discretion of Lender as to Manner of Funding. Notwithstanding any other
provision of this Agreement, each Lender shall be entitled to fund and maintain its funding of all
or any part of its Loans in any manner it sees fit, it being understood, however, that for the
purposes of this Agreement all determinations hereunder with respect to Eurodollar Loans shall be
made as if each Lender had actually funded and maintained each Eurodollar Loan through the purchase
of deposits in the interbank eurodollar market having a maturity corresponding to such Loan’s
Interest Period, and bearing an interest rate equal to LIBOR for such Interest Period.

Section 9. The Administrative Agent.

     Section 9.1. Appointment and Authorization of Administrative Agent. Each Lender hereby
appoints Fifth Third Bank, an Ohio banking corporation, as the Administrative Agent under the Loan
Documents and hereby authorizes the Administrative Agent to take such action as Administrative
Agent on its behalf and to exercise such powers under the Loan Documents as are delegated to the
Administrative Agent by the terms thereof, together with such powers as are reasonably incidental
thereto. Notwithstanding the use of the word “Administrative Agent” as a defined term, the Lenders
expressly agree that the Administrative Agent is not acting as a fiduciary of any Lender in respect
of the Loan Documents, the Borrower or otherwise, and nothing herein or in any of the other Loan
Documents shall result in any duties or obligations on the Administrative Agent or any of the
Lenders except as expressly set forth herein.

     Section 9.2. Administrative Agent and its Affiliates. The Administrative Agent shall have the
same rights and powers under this Agreement and the other Loan Documents as any other Lender and
may exercise or refrain from exercising such rights and power as though it were not the
Administrative Agent, and the Administrative Agent and its affiliates may accept deposits from,
lend money to, and generally engage in any kind of business with the Borrower or

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any Affiliate of
the Borrower as if it were not the Administrative Agent under the Loan Documents. The term
“Lender” as used herein and in all other Loan Documents, unless the context otherwise clearly
requires, includes the Administrative Agent in its individual capacity as a Lender. References in
Section 2 hereof to the Administrative Agent’s Loans, or to the amount owing to the Administrative
Agent for which an interest rate is being determined, refer to the Administrative Agent in its
individual capacity as a Lender.

     Section 9.3. Action by Administrative Agent. If the Administrative Agent receives from the
Borrower a written notice of an Event of Default pursuant to Section 6.1 hereof, the Administrative
Agent shall promptly give each of the Lenders written notice thereof. Without limiting the
generality of the foregoing, the Administrative Agent shall not be required to take any action
hereunder with respect to any Default or Event of Default, except as expressly provided in the Loan
Documents. Upon the occurrence of an Event of Default, the Administrative Agent shall take such
action to enforce its Lien on the Collateral and to preserve and protect the Collateral as may be
directed by the Required Lenders. Unless and until the Required Lenders give such direction, the
Administrative Agent may (but shall not be obligated to) take or refrain from taking such actions
as it deems appropriate and in the best interest of all the Lenders. In no event, however, shall
the Administrative Agent be required to take any action in violation of applicable law or of any
provision of any Loan Document, and the Administrative Agent shall in all cases be fully justified
in failing or refusing to act hereunder or under any other Loan Document unless it first receives
any further assurances of its indemnification from the Lenders that it may require, including
prepayment of any related expenses and any other protection it requires against any and all costs,
expense, and liability which may be incurred by it by reason of taking or continuing to take any
such action. The Administrative Agent shall be entitled to assume that no Default or Event of
Default exists unless notified in writing to the contrary by a Lender or the Borrower. In all
cases in which the Loan Documents do not require the Administrative Agent to take specific action,
the Administrative Agent shall be fully justified in using its discretion in failing to take or in
taking any action thereunder. Any instructions of the Required Lenders, or of any other group of
Lenders called for under the specific provisions of the Loan Documents, shall be binding upon all
the Lenders and the holders of the Obligations.

     Section 9.4. Consultation with Experts. The Administrative Agent may consult with legal
counsel, independent public accountants, and other experts selected by it and shall not be liable
for any action taken or omitted to be taken by it in good faith in accordance with the advice of
such counsel, accountants or experts.

     Section 9.5. Liability of Administrative Agent; Credit Decision. Neither the Administrative
Agent nor any of its directors, officers, agents or employees shall be liable for any action taken
or not taken by it in connection with the Loan Documents: (i) with the consent or at the request of the
Required Lenders or (ii) in the absence of its own gross negligence or willful misconduct. Neither
the Administrative Agent nor any of its directors, officers, agents or employees shall be
responsible for or have any duty to ascertain, inquire into or verify: (i) any statement, warranty
or representation made in connection with this Agreement, any other Loan Document or any Credit
Event; (ii) the performance or observance of any of the covenants or agreements of the Borrower or
any Guarantor contained herein or in any other Loan Document; (iii) the satisfaction of any
condition specified in Section 3 hereof, except receipt of items

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required to be delivered to the
Administrative Agent; or (iv) the validity, effectiveness, genuineness, enforceability, perfection,
value, worth or collectibility hereof or of any other Loan Document or of any other documents or
writing furnished in connection with any Loan Document or of any Collateral; and the Administrative
Agent makes no representation of any kind or character with respect to any such matter mentioned in
this sentence. The Administrative Agent may execute any of its duties under any of the Loan
Documents by or through employees, agents, and attorneys-in-fact and shall not be answerable to the
Lenders, the Borrower, or any other Person for the default or misconduct of any such agents or
attorneys-in-fact selected with reasonable care. The Administrative Agent shall not incur any
liability by acting in reliance upon any notice, consent, certificate, other document or statement
(whether written or oral) believed by it to be genuine or to be sent by the proper party or
parties. In particular and without limiting any of the foregoing, the Administrative Agent shall
have no responsibility for confirming the accuracy of any compliance certificate or other document
or instrument received by it under the Loan Documents. The Administrative Agent may treat the
payee of any Note as the holder thereof until written notice of transfer shall have been filed with
the Administrative Agent signed by such payee in form satisfactory to the Administrative Agent.
Each Lender acknowledges that it has independently and without reliance on the Administrative Agent
or any other Lender, and based upon such information, investigations and inquiries as it deems
appropriate, made its own credit analysis and decision to extend credit to the Borrower in the
manner set forth in the Loan Documents. It shall be the responsibility of each Lender to keep
itself informed as to the creditworthiness of the Borrower and the Guarantors, and the
Administrative Agent shall have no liability to any Lender with respect thereto.

     Section 9.6. Indemnity. The Lenders shall ratably, in accordance with their respective
Percentages, indemnify and hold the Administrative Agent, and its directors, officers, employees,
agents, and representatives harmless from and against any liabilities, losses, costs or expenses
suffered or incurred by it under any Loan Document or in connection with the transactions
contemplated thereby, regardless of when asserted or arising, except to the extent they are
promptly reimbursed for the same by the Borrower and except to the extent that any event giving
rise to a claim was caused by the gross negligence or willful misconduct of the party seeking to be
indemnified. The obligations of the Lenders under this Section shall survive termination of this
Agreement. The Administrative Agent shall be entitled to offset amounts received for the account
of a Lender under this Agreement against unpaid amounts due from such Lender to the Administrative
Agent hereunder (whether as fundings of participations, indemnities or otherwise), but shall not be
entitled to offset against amounts owed to the Administrative Agent by any Lender arising outside
of this Agreement and the other Loan Documents.

     Section 9.7. Resignation of Administrative Agent and Successor Administrative Agent. The
Administrative Agent may resign at any time by giving written notice thereof to the Lenders and the
Borrower. Upon any such resignation of the Administrative Agent, the Required Lenders shall have
the right to appoint a successor Administrative Agent with the consent of the Borrower not to be
unreasonably withheld. If no successor Administrative Agent shall have been so appointed by the
Required Lenders, and shall have accepted such appointment, within 30 days after the retiring
Administrative Agent’s giving of notice of resignation then the retiring Administrative Agent may,
on behalf of the Lenders, appoint a successor Administrative Agent, which may be any Lender
hereunder or any commercial bank organized under the laws of the

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United States of America or of any
State thereof and having a combined capital and surplus of at least $200,000,000. Upon the
acceptance of its appointment as the Administrative Agent hereunder, such successor Administrative
Agent shall thereupon succeed to and become vested with all the rights and duties of the retiring
Administrative Agent under the Loan Documents, and the retiring Administrative Agent shall be
discharged from its duties and obligations thereunder. After any retiring Administrative Agent’s
resignation hereunder as Administrative Agent, the provisions of this Section 9 and all protective
provisions of the other Loan Documents shall inure to its benefit as to any actions taken or
omitted to be taken by it while it was Administrative Agent, but no successor Administrative Agent
shall in any event be liable or responsible for any actions of its predecessor.

     Section 9.8. L/C Issuer. The L/C Issuer shall act on behalf of the Lenders with respect to
any Letters of Credit issued by it and the documents associated therewith. The L/C Issuer shall
have all of the benefits and immunities (i) provided to the Administrative Agent in this Section 9
with respect to any acts taken or omissions suffered by the L/C Issuer in connection with Letters
of Credit issued by it or proposed to be issued by it and the Applications pertaining to such
Letters of Credit as fully as if the term “Administrative Agent”, as used in this Section 9,
included the L/C Issuer with respect to such acts or omissions and (ii) as additionally provided in
this Agreement with respect to such L/C Issuer.

     Section 9.9. Hedging Liability and Funds Transfer and Deposit Account Liability Arrangements.
By virtue of a Lender’s execution of this Agreement or an assignment agreement pursuant to Section
10.10 hereof, as the case may be, any Affiliate of such Lender with whom the Borrower or any
Guarantor (other than Holdings) has entered into an agreement creating Hedging Liability or Funds
Transfer and Deposit Account Liability shall be deemed a Lender party hereto for purposes of any
reference in a Loan Document to the parties for whom the Administrative Agent is acting, it being
understood and agreed that the rights and benefits of such Affiliate under the Loan Documents
consist exclusively of such Affiliate’s right to share in payments and collections out of the
Collateral and the Guaranties as more fully set forth in Section 2.9 and Section 4 hereof. In
connection with any such distribution of payments and collections, the Administrative Agent shall
be entitled to assume no amounts are due to any Lender or its Affiliate with respect to Hedging
Liability or Funds Transfer and Deposit Account Liability unless such Lender has notified the
Administrative Agent in writing of the amount of any such liability owed to it or its Affiliate
prior to such distribution.

     Section 9.10. Designation of Additional Administrative Agents. The Administrative Agent shall
have the continuing right, for purposes hereof, at any time and from time to time to designate one
or more of the Lenders (and/or its or their Affiliates) as “syndication agents,” “documentation
agents,” “arrangers” or other designations for purposes hereto, but such designation shall have no
substantive effect, and such Lenders and their Affiliates shall have no additional powers, duties
or responsibilities as a result thereof.

     Section 9.11. Authorization to Enter into, and Enforcement of, the Collateral Documents. The
Administrative Agent is hereby irrevocably authorized by each of the Lenders to execute and deliver
the Collateral Documents on behalf of each of the Lenders and their Affiliates and to take such
action and exercise such powers under the Collateral Documents as the Administrative

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Agent considers appropriate, provided the Administrative Agent shall not amend the Collateral Documents
unless such amendment is agreed to in writing by the Required Lenders. Each Lender acknowledges
and agrees that it will be bound by the terms and conditions of the Collateral Documents upon the
execution and delivery thereof by the Administrative Agent. Except as otherwise specifically
provided for herein, no Lender (or its Affiliates) other than the Administrative Agent shall have
the right to institute any suit, action or proceeding in equity or at law for the foreclosure or
other realization upon any Collateral or for the execution of any trust or power in respect of the
Collateral or for the appointment of a receiver or for the enforcement of any other remedy under
the Collateral Documents; it being understood and intended that no one or more of the Lenders (or
their Affiliates) shall have any right in any manner whatsoever to affect, disturb or prejudice the
Lien of the Administrative Agent (or any security trustee therefor) under the Collateral Documents
by its or their action or to enforce any right thereunder, and that all proceedings at law or in
equity shall be instituted, had, and maintained by the Administrative Agent (or its security
trustee) in the manner provided for in the relevant Collateral Documents for the benefit of the
Lenders and their Affiliates.

Section 10. Miscellaneous.

     Section 10.1. Withholding Taxes. (a) Payments Free of Withholding. Except as otherwise
required by law and subject to Section 10.1(d) hereof, each payment by the Borrower under this
Agreement or the other Loan Documents shall be made without withholding or deduction for or on
account of any present or future taxes (other than overall net income taxes on the recipient
imposed by the jurisdiction in which it is organized or its principal executive office or Lending
Office is located) imposed by or within the jurisdiction in which the Borrower is domiciled, any
jurisdiction from which the Borrower or any other Person on behalf of the Borrower makes any
payment, or (in each case) any political subdivision or taxing authority thereof or therein. If
any such withholding is so required, the Borrower shall make the withholding or deduction, pay the
amount withheld to the appropriate Governmental Authority before penalties attach thereto or
interest accrues thereon and forthwith pay such additional amount as may be necessary to ensure
that the net amount actually received by each Lender and the Administrative Agent free and clear of
such taxes (including such taxes on such additional amount) is equal to the amount which that
Lender or the Administrative Agent (as the case may be) would have received had such withholding
not been made. If the Borrower pays any such taxes, penalties or interest, it shall deliver official tax
receipts evidencing that payment or certified copies thereof to the Lender or Administrative Agent
on whose account such withholding was made (with a copy to the Administrative Agent if not the
recipient of the original) on or before the thirtieth day after payment. If the Administrative
Agent or any Lender pays any amount in respect of any such taxes, penalties or interest, the
Borrower with respect to whom such payments were made shall reimburse the Administrative Agent or
such Lender for that payment within 30 days of written demand therefor in the currency in which
such payment was made; provided, however, the written demand shall be accompanied by a calculation
in reasonable detail, of the amount demanded and evidence of such payment made by the
Administrative Agent or such Lender; and provided, further, the Borrower shall not be required to
reimburse the Administrative Agent or such Lender for any penalties, additions to taxes, expenses,
and interest accruing on such taxes from the date 90 days after the receipt by the Administrative
Agent or such Lender of written notice of the assertion of such taxes.

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

          (c) Inability of Lender to Submit Forms. If any Lender determines, as a result of any change
in applicable law, regulation or treaty, or in any official application or interpretation
thereof, that it is unable to submit to the Borrower or the Administrative Agent any form or
certificate that such Lender is obligated to submit pursuant to subsection (b) of this Section 10.1
or that such Lender is required to withdraw or cancel any such form or certificate previously
submitted or any such form or certificate otherwise becomes ineffective or inaccurate, such Lender
shall promptly notify the Borrower and Administrative Agent of such fact and the Lender shall to
that extent not be obligated to provide any such form or certificate and will be entitled to
withdraw or cancel any affected form or certificate, as applicable.

(d) Notwithstanding anything to the contrary contained herein, the Borrower shall not be obligated
to pay additional amounts to any Lender pursuant to subsection (a) of this Section 10.1 in the
respect of United States federal withholding taxes to the extent imposed as a result of (i) the
failure of such Lender to deliver to the Borrower and the Administrative Agent the appropriate IRS
Form or certificate pursuant to subsection (b) of this Section 10.1, (ii) such IRS Form or
certificate not establishing a complete exemption from United States federal withholding tax or the
information or certifications made therein by the Lender being untrue or

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inaccurate in any material
respect or (iii) the Lender designating a successor lending office at which it maintains its Loans
which has the effect immediately prior to such designation; provided, however, that the Borrower
shall be obligated to pay additional amounts pursuant to subsection (a) of this Section 10.1 in
respect of United States federal withholding taxes if any such failure to deliver an IRS form or
certificate or the failure of such from or certificate to establish a complete exemption from U.S.
federal withholding tax or inaccuracy or untruth contained therein resulted from a change in any
applicable statute, treaty, regulation or other applicable law or any interpretation of any of the
foregoing occurring after the date such Lender becomes a Lender hereunder.

          (e) In the event that the Administrative Agent or any Lender receives a refund in respect of
taxes as to which it has been paid additional amount by the Borrower pursuant to subsection (a) of
this Section 10.1 and the Administrative Agent or such Lender determines in its reasonable judgment
that such refund is attributable to such additional amounts, then the Administrative Agent or such
Lender shall promptly remit to the Borrower an amount as the Administrative Agent or such Lender
determines to be the proportion of the refunded amount as will leave it, after such remittance, in
no better or worse position if the taxes has not been imposed and the corresponding additional
amounts or indemnification not been made.

          (f) Notwithstanding anything in this Agreement to the contrary, if the Borrower is required to
pay additional amounts to the Administrative Agent or any Lender pursuant to subsection (a) of this
Section 10.1, the Borrower may, at its option, either (i) prepay the portion of the Loan giving
rise to the payments of the additional amount or (ii) continue to make payments to such Lender
under the terms of this Agreement, which payments shall be made in accordance with this Section
10.1. If the borrower exercises its option under clause (ii) in this paragraph (i), such Lender
agrees to use reasonable efforts (consistent with legal and regulatory restrictions) to file any
certificate or document requested by the Borrower or to change the jurisdiction of its applicable
lending office if the making of such a filing change would avoid the need for or reduce the amount
of any such additional amounts which may thereafter accrue and would not otherwise be
disadvantageous to such Lender.

     Section 10.2. No Waiver, Cumulative Remedies. No delay or failure on the part of the
Administrative Agent or any Lender or on the part of the holder or holders of any of the
Obligations in the exercise of any power or right under any Loan Document shall operate as a waiver
thereof or as an acquiescence in any default, nor shall any single or partial exercise of any power
or right preclude any other or further exercise thereof or the exercise of any other power or
right. The rights and remedies hereunder of the Administrative Agent, the Lenders and of the
holder or holders of any of the Obligations are cumulative to, and not exclusive of, any rights or
remedies which any of them would otherwise have.

     Section 10.3. Non-Business Days. If any payment hereunder becomes due and payable on a day
which is not a Business Day, the due date of such payment shall be extended to the next succeeding
Business Day on which date such payment shall be due and payable. In the case of any payment of
principal falling due on a day which is not a Business Day, interest on such principal amount shall
continue to accrue during such extension at the rate per annum then in

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effect, which accrued amount
shall be due and payable on the next scheduled date for the payment of interest.

     Section 10.4. Documentary Taxes. The Borrower agrees to pay on demand any documentary, stamp
or similar taxes payable in respect of this Agreement or any other Loan Document, including
interest and penalties, in the event any such taxes are assessed, irrespective of when such
assessment is made and whether or not any credit is then in use or available hereunder.

     Section 10.5. Survival of Representations. All representations and warranties made herein or
in any other Loan Document or in certificates given pursuant hereto or thereto shall survive the
execution and delivery of this Agreement and the other Loan Documents, and shall continue in full
force and effect with respect to the date as of which they were made as long as any credit is in
use or available hereunder.

     Section 10.6. Survival of Indemnities. All indemnities and other provisions relative to
reimbursement to the Lenders of amounts sufficient to protect the yield of the Lenders with respect
to the Loans and Letters of Credit, including, but not limited to, Sections 8.1, 8.4, 10.4 and
10.13 hereof, shall survive the termination of this Agreement and the other Loan Documents and the
payment of the Obligations.

     Section 10.7. Sharing of Set-Off. Each Lender agrees with each other Lender a party hereto
that if such Lender shall receive and retain any payment, whether by set-off or application of
deposit balances or otherwise, on any of the Loans or Reimbursement Obligations in excess of its
ratable share of payments on all such Obligations then outstanding to the Lenders, then such Lender
shall purchase for cash at face value, but without recourse, ratably from each of the other Lenders
such amount of the Loans or Reimbursement Obligations, or participations therein, held by each such
other Lenders (or interest therein) as shall be necessary to cause such Lender to share such excess
payment ratably
with all the other Lenders; provided, however, that if any such purchase is made by any Lender, and
if such excess payment or part thereof is thereafter recovered from such purchasing Lender, the
related purchases from the other Lenders shall be rescinded ratably and the purchase price restored
as to the portion of such excess payment so recovered, but without interest. For purposes of this
Section, amounts owed to or recovered by the L/C Issuer in connection with Reimbursement
Obligations in which Lenders have been required to fund their participation shall be treated as
amounts owed to or recovered by the L/C Issuer as a Lender hereunder.

     Section 10.8. Notices. Except as otherwise specified herein, all notices hereunder and under
the other Loan Documents shall be in writing (including, without limitation, notice by telecopy)
and shall be given to the relevant party at its address or telecopier number set forth below, or
such other address or telecopier number as such party may hereafter specify by notice to the
Administrative Agent and the Borrower given by courier, by United States certified or registered
mail, by telecopy or by other telecommunication device capable of creating a written record of such
notice and its receipt. Notices under the Loan Documents to any Lender shall be addressed to its
address or telecopier number set forth on its Administrative Questionnaire; and

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notices under the
Loans Documents to the Borrower or the Administrative Agent shall be addressed to their respective
addresses or telecopier numbers set forth below:

	 	 	 
	to the Borrower:

	 	to the Administrative Agent:
	 
	 	 
	830 Crescent Centre Drive

	 	Fifth Third Center
	Suite 300

	 	38 Fountain Square Plaza
	Franklin, TN 37067

	 	Cincinnati, OH 45263
	Attention: John Colling

	 	Attention: Loan Syndications
	Telephone: (615) 224-1312

	 	Telephone: (513) 534-7246
	Telecopy: (615) 224-1302

	 	Telecopy: (513) 534-3663
	 
	 	 
	With a copy to:
	 	 
	 
	 	 
	Fulbright & Jaworski LLP
	 	 
	666 Fifth Avenue
	 	 
	New York, New York 10103
	 	 
	Attention: Mara Rogers
	 	 
	Telephone: (212) 318-3206
	 	 
	Telecopy: (212) 318-3400
	 	 

Each such notice, request or other communication shall be effective (i) if given by telecopier,
when such telecopy is transmitted to the telecopier number specified in this Section or in the
relevant Administrative Questionnaire and a confirmation of such telecopy has been received by the
sender, (ii) if given by mail, 5 days after such communication is deposited in the mail, certified
or registered with return receipt requested, addressed as aforesaid or (iii) if given by any other
means, when delivered at the addresses specified in this Section or in the relevant Administrative
Questionnaire; provided that any notice given pursuant to Section 2 hereof shall be effective only
upon receipt.

          (b) Electronic mail and internet and intranet websites may be used only to distribute routine
communications, such as financial statements, and to distribute Loan Documents for execution by the
parties thereto, and may not be used for any other purpose.

     Section 10.9. Counterparts. This Agreement may be executed in any number of counterparts, and
by the different parties hereto on separate counterpart signature pages, and all such counterparts
taken together shall be deemed to constitute one and the same instrument.

     Section 10.10. Successors and Assigns; Assignments and Participations. (a) Successors and
Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit
of the parties hereto and their respective successors and assigns permitted hereby, except that the
Borrower may not assign or otherwise transfer any of its rights or obligations under any Loan
Document without the prior written consent of the Administrative Agent and each Lender, and no
Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an
Eligible Assignee in accordance with the provisions of paragraph (b) of this Section, (ii) by way
of participation in accordance with the provisions of paragraph (d) of this Section or

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(iii) by way
of pledge or assignment of a security interest subject to the restrictions of paragraph (f) of this
Section (and any other attempted assignment or transfer by any party hereto shall be null and
void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any
Person (other than the parties hereto, their respective successors and assigns permitted hereby,
Participants to the extent provided in paragraph (d) of this Section and, to the extent expressly
contemplated hereby, the Related Parties of each of the Administrative Agent and the Lenders) any
legal or equitable right, remedy or claim under or by reason of this Agreement.

          (b) Assignments by Lenders. Any Lender may at any time assign to one or more Eligible
Assignees all or a portion of its rights and obligations under this Agreement (including all or a
portion of its Commitment and the Loans at the time owing to it); provided that

          (i) except in the case of an assignment of the entire remaining amount of the assigning
Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to
a Lender or an Affiliate of a Lender or an Approved Fund with respect to a Lender, the
aggregate amount of the Commitment(s) (which for this purpose includes Loans outstanding
thereunder) or, if the applicable Commitment is not then in effect, the principal
outstanding balance of the Loans of the assigning Lender subject to each such assignment
(determined as of the date the Assignment and Assumption with respect to such assignment is
delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and
Assumption, as of the Trade Date) shall not be less than $5,000,000, unless each of the
Administrative Agent and, so long as no Event of Default has occurred and is continuing, the
Borrower otherwise consent (each such consent not to be unreasonably withheld or delayed);

          (ii) each partial assignment shall be made as an assignment of a proportionate part of
all the assigning Lender’s rights and obligations under this Agreement with respect to the
Credit or the Commitment assigned;

          (iii) any assignment of a Commitment must be approved by the Administrative Agent and
the L/C Issuer unless the Person that is the proposed assignee is itself a Lender with a
Commitment (whether or not the proposed assignee would otherwise qualify as an Eligible
Assignee); and

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

Subject to acceptance and recording thereof by the Administrative Agent pursuant to paragraph (c)
of this Section, from and after the effective date specified in each Assignment and Assumption, the
Eligible Assignee thereunder shall be a party to this Agreement and, to the extent of the interest
assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this
Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by
such Assignment and Assumption, be released from its

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obligations under this Agreement (and, in the
case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations
under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be
entitled to the benefits of Sections 8.4 and 10.11 with respect to facts and circumstances
occurring prior to the effective date of such assignment. Any assignment or transfer by a Lender
of rights or obligations under this Agreement that does not comply with this paragraph shall be
treated for purposes of this Agreement as a sale by such Lender of a participation in such rights
and obligations in accordance with paragraph (d) of this Section.

          (c) Register. The Administrative Agent, acting solely for this purpose as an agent of the
Borrower, shall maintain a copy of each Assignment and Assumption delivered to it and a register
for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal
amounts of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the
“Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative
Agent and the Lenders may treat each Person whose name is recorded in the Register pursuant to the
terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to
the contrary. The Register shall be available for inspection by the Borrower and any Lender, at
any reasonable time and from time to time upon reasonable prior notice.

          (d) Participations. Any Lender may at any time, without the consent of, or notice to, the
Borrower or the Administrative Agent, sell participations to any Person (other than a natural
person or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”)
in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all
or a portion of its Commitment and/or the Loans owing to it); provided that (i) such Lender’s
obligations under this Agreement shall remain unchanged, (ii) such Lender
shall remain solely responsible to the other parties hereto for the performance of such obligations
and (iii) the Borrower, the Administrative Agent and the Lenders and L/C Issuer shall continue to
deal solely and directly with such Lender in connection with such Lender’s rights and obligations
under this Agreement. Each Lender that sells such a participation to a Participant shall, as agent
of the Borrower solely for the purpose of this Section 10.10(d), record in book entries maintained
by such Lender the name and amount of the participation of each Participant entitled to receive
payments in respect of such participation.

          Any agreement or instrument pursuant to which a Lender sells such a participation shall
provide that such Lender shall retain the sole right to enforce this Agreement and to approve any
amendment, modification or waiver of any provision of this Agreement; provided that such agreement
or instrument may provide that such Lender will not, without the consent of the Participant, agree
to any amendment or waiver described in Section 10.11(i) and (ii) that affects such Participant.
Subject to paragraph (e) of this Section, the Borrower agrees that each Participant shall be
entitled to the benefits of Sections 8.1 and 8.4(b) to the same extent as if it were a Lender and
had acquired its interest by assignment pursuant to paragraph (b) of this Section. To the extent
permitted by law, each Participant also shall be entitled to the benefits of Section 10.14 as
though it were a Lender, provided such Participant agrees to be subject to Section 10.7 as though
it were a Lender.

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          (e) Limitations upon Participant Rights. A Participant shall not be entitled to (x) receive
any amounts under Section 8.4(a) unless it agrees to be bound by the terms of Section 8.6 or (y)
any greater payment under Section 8.4(a) than the applicable Lender would have been entitled to
receive with respect to the participation sold to such Participant. A Participant shall not be
entitled to the benefits of Section 10.1(a) unless the Borrower is notified of the participation
sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply
with Section 10.1(b) as though it were a Lender.

          (f) Certain Pledges. Any Lender may at any time pledge or assign a security interest in all
or any portion of its rights under this Agreement to secure obligations of such Lender, including
any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such
pledge or assignment shall release such Lender from any of its obligations hereunder or substitute
any such pledgee or assignee for such Lender as a party hereto.

          (g) Electronic Execution of Assignments. The words “execution,” “signed,” “signature,” and
words of like import in any Assignment and Assumption shall be deemed to include electronic
signatures or the keeping of records in electronic form, each of which shall be of the same legal
effect, validity or enforceability as a manually executed signature or the use of a paper-based
recordkeeping system, as the case may be, to the extent and as provided for in any applicable law,
including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act, or any other similar state laws based on the Uniform
Electronic Transactions Act.

     Section 10.11. Amendments. Any provision of this Agreement or the other Loan Documents may be
amended or waived if, but only if, such amendment or waiver is in writing and is signed by (a) the
Borrower, (b) the Required Lenders, and (c) if the rights or duties of the Administrative Agent are
affected thereby, the Administrative Agent; provided that:

          (i) no amendment or waiver pursuant to this Section 10.11 shall (A) increase any
Commitment of any Lender without the consent of such Lender, (B) reduce the amount of or
postpone the date for any scheduled payment of any principal of or interest on any Loan or
of any Reimbursement Obligation or of any fee payable hereunder without the consent of the
Lender to which such payment is owing or which has committed to make such Loan or Letter of
Credit (or participate therein) hereunder or (c) change the application of payments set
forth in Section 2.8 hereof without the consent of any Lender adversely affected thereby;
and

          (ii) no amendment or waiver pursuant to this Section 10.11 shall, unless signed by each
Lender, increase the aggregate Commitments of the Lenders, change the definitions of
Termination Date or Required Lenders, change the provisions of this Section 10.11, release
any material guarantor or all or substantially all of the Collateral (except as otherwise
provided for in the Loan Documents), affect the number of Lenders required to take any
action hereunder or under any other Loan Document, or change or waive any provision of any
Loan Document that provides for the pro rata nature of disbursements or payments to Lenders.

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     Section 10.12. Heading. Section headings used in this Agreement are for reference only and
shall not affect the construction of this Agreement.

     Section 10.13. Costs and Expenses; Indemnification. (a) The Borrower agrees to pay all costs
and expenses of the Administrative Agent in connection with the preparation, negotiation,
syndication, and administration of the Loan Documents, including, without limitation, the
reasonable fees and disbursements of counsel to the Administrative Agent, in connection with the
preparation and execution of the Loan Documents, and any amendment, waiver or consent related
thereto, whether or not the transactions contemplated herein are consummated, together with any
fees and charges suffered or incurred by the Administrative Agent in connection with periodic
environmental audits (limited, so long as no Event of Default exists, to one per annum), fixed
asset appraisals, title insurance policies, collateral filing fees and lien searches. The Borrower
further agrees to indemnify the Administrative Agent, each Lender, and their respective directors,
officers, employees, agents, financial advisors, and consultants against all Damages (including,
without limitation, all expenses of litigation or preparation therefor, whether or not the
indemnified Person is a party thereto, or any settlement arrangement arising from or relating to
any such litigation) which any of them may pay or incur arising out of or relating to any Loan
Document or any of the transactions contemplated thereby or the direct or indirect application or
proposed application of the proceeds of any Loan or Letter of Credit, other than those which arise
from the gross negligence or willful misconduct of the party claiming indemnification. The
Borrower, upon demand by the Administrative Agent or a Lender at any time, shall reimburse the
Administrative Agent or such Lender for any legal or other expenses incurred in connection with
investigating or defending against any of the foregoing (including any settlement costs relating to
the foregoing) except if the same is directly due to the gross negligence or willful misconduct of
the party to be indemnified. The obligations of the Borrower under this Section shall survive the
termination of this Agreement.

          (b) The Borrower unconditionally agrees to forever indemnify, defend and hold harmless, and
covenants not to sue for any claim for contribution against, the Administrative Agent and the
Lenders for any Damages, costs, loss or expense, including without limitation, response, remedial
or removal costs, arising out of any of the following: (i) any presence, release, threatened
release or disposal of any hazardous or toxic substance or petroleum by the Borrower or any
Subsidiary or otherwise occurring on or with respect to its Property (whether owned or leased),
(ii) the operation or violation of any Environmental Law by the Borrower or any Subsidiary or
otherwise occurring on or with respect to its Property (whether owned or leased), (iii) any claim
for personal injury or property damage in connection with the Borrower or any Subsidiary or
otherwise occurring on or with respect to its Property (whether owned or leased), and (iv) the
inaccuracy or breach of any environmental representation, warranty or covenant by the Borrower or
any Subsidiary made herein or in any other Loan Document evidencing or securing any Obligations or
setting forth terms and conditions applicable thereto or otherwise relating thereto, except for
Damages arising from the willful misconduct or gross negligence of the party claiming
indemnification. This indemnification shall survive the payment and satisfaction of all
Obligations and the termination of this Agreement, and shall remain in force beyond the expiration
of any applicable statute of limitations and payment or satisfaction in full of any single claim
under this indemnification. This indemnification shall be binding upon the successors and assigns
of the Borrower and shall inure to the benefit of

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Administrative Agent and the Lenders directors,
officers, employees, agents, and collateral trustees, and their successors and assigns.

     Section 10.14. Set-off. In addition to any rights now or hereafter granted under applicable
law and not by way of limitation of any such rights, upon the occurrence of any Event of Default,
each Lender and each subsequent holder of any Obligation is hereby authorized by the Borrower at
any time or from time to time, without notice to the Borrower or to any other Person, any such
notice being hereby expressly waived, to set-off and to appropriate and to apply any and all
deposits (general or special, including, but not limited to, indebtedness evidenced by certificates
of deposit, whether matured or unmatured, but not including trust accounts, and in whatever
currency denominated) and any other indebtedness at any time held or owing by that Lender or that
subsequent holder to or for the credit or the account of the Borrower, whether or not matured,
against and on account of the Obligations of the Borrower to that Lender or that subsequent holder
under the Loan Documents, including, but not limited to, all claims of any nature or description
arising out of or connected with the Loan Documents, irrespective of whether or not (a) that Lender
or that subsequent holder shall have made any demand hereunder or (b) the principal of or the
interest on the Loans or Notes and other amounts due hereunder shall have become due and payable
pursuant to Section 7 and although said obligations and liabilities, or any of them, may be
contingent or unmatured.

     Section 10.15. Entire Agreement. The Loan Documents constitute the entire understanding of
the parties thereto with respect to the subject matter thereof and any prior agreements, whether
written or oral, with respect thereto are superseded hereby.

     Section 10.16. Governing Law. This Agreement and the other Loan Documents, and the rights and
duties of the parties hereto, shall be construed and determined in accordance with the internal
laws of the State of New York.

     Section 10.17. Severability of Provisions Any provision of any Loan Document which is
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such unenforceability without invalidating the remaining provisions hereof or affecting the
validity or enforceability of such provision in any other jurisdiction. All rights, remedies and
powers provided in this Agreement and the other Loan Documents may be exercised only to the extent
that the exercise thereof does not violate any applicable mandatory provisions of law, and all the
provisions of this Agreement and other Loan Documents are intended to be subject to all applicable
mandatory provisions of law which may be controlling and to be limited to the extent necessary so
that they will not render this Agreement or the other Loan Documents invalid or unenforceable.

     Section 10.18. Excess Interest. Notwithstanding any provision to the contrary contained
herein or in any other Loan Document, no such provision shall require the payment or permit the
collection of any amount of interest in excess of the maximum amount of interest permitted by
applicable law to be charged for the use or detention, or the forbearance in the collection, of all
or any portion of the Loans or other obligations outstanding under this Agreement or any other Loan
Document (“Excess Interest”). If any Excess Interest is provided for, or is adjudicated to be
provided for, herein or in any other Loan Document, then in such event (a) the provisions of

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

     Section 10.19. Construction. The parties acknowledge and agree that the Loan Documents shall
not be construed more favorably in favor of any party hereto based upon which party drafted the
same, it being acknowledged that all parties hereto contributed substantially to the negotiation of
the Loan Documents. The provisions of this Agreement relating to Subsidiaries shall apply only
during such times as the Borrower has one or more Subsidiaries. Nothing contained herein shall be
deemed or construed to permit any act or omission which is prohibited by the terms of any
Collateral Document, the covenants and agreements contained herein being in addition to and not in
substitution for the covenants and agreements contained in the Collateral Documents.

     Section 10.20. Lender’s Obligations Several. The obligations of the Lenders hereunder are
several and not joint. Nothing contained in this Agreement and no action taken by the Lenders
pursuant hereto shall be deemed to constitute the Lenders a partnership, association, joint venture
or other entity.

     Section 10.21. USA Patriot Act. Each Lender hereby notifies the Borrower that pursuant to the
requirements of the Patriot Act it is required to obtain, verify and record information that
identifies the Borrower, which information includes the name and address of the Borrower and other
information that will allow such Lender to identify the Borrower in accordance with the Patriot
Act.

     Section 10.22. Submission to Jurisdiction; Waiver of Jury Trial. The Borrower hereby submits
to the nonexclusive jurisdiction of the United States District Court for the Southern District of
Ohio and of any Ohio State court sitting in the City of Cincinnati for purposes of all legal
proceedings arising out of or relating to this Agreement, the other Loan Documents or the
transactions contemplated hereby or thereby. The Borrower irrevocably waives, to the fullest

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extent permitted by law, any objection which it may now or hereafter have to the laying of the
venue of any such proceeding brought in such a court and any claim that any such proceeding brought
in such a court has been brought in an inconvenient forum. The Borrower, the Administrative
Agent, the L/C Issuer and the Lenders hereby irrevocably waive any and all right to trial by jury
in any legal proceeding arising out of or relating to any Loan Document or the transactions
contemplated thereby.

[Signature Pages to Follow]

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Exhibit 10.2

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

	 	 	 	 	 
	 	 	Delek Marketing & Supply, LP
	 
	 	 	 	 
	 

	 	 	 	By: Delek Marketing GP, LLC, its
	 

	 	 	 	       general partner
	 
	 	 	 	 
	 

	 	By
	 	/s/ Edward Morgan
	 

	 	 	 	 
	 

	 	 	 	Name Edward Morgan
	 

	 	 	 	Title Chief Financial Officer
	 
	 	 	 	 
	 

	 	By
	 	/s/ John P. Colling, Jr.
	 

	 	 	 	 
	 

	 	 	 	Name John P. Colling, Jr.
	 

	 	 	 	Title Treasurer
	 
	 	 	 	 
	 	 	“Lenders”
	 
	 	 	 	 
	 	 	Fifth
Third Bank, an Ohio banking corporation, as a Lender, as L/C Issuer, and as Administrative Agent
	 
	 	 	 	 
	 

	 	By
	 	/s/ Kirk Johnson
	 

	 	 	 	 
	 

	 	 	 	Name Kirk Johnson
	 

	 	 	 	Title Vice President

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