Document:

exv10w4

Exhibit 10.4

INCREMENTAL LENDER ASSUMPTION AGREEMENT

April 21, 2011

Citibank, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made herein to the Term Loan Credit Agreement dated as of March 30, 2011 (as
amended, restated or otherwise modified from time to time, the “Credit Agreement”), among
International Lease Finance Corporation, as an Obligor, Temescal Aircraft Inc., as the Borrower,
Park Topanga Aircraft Inc., as an Obligor, Charmlee Aircraft Inc., as an Obligor, Ballysky Aircraft
Ireland Limited, as an Obligor, the lenders identified therein, as Lenders, Citibank, N.A., as the
Administrative Agent, Citibank, N.A., as Collateral Agent, Citigroup Global Markets Inc. and Credit
Suisse Securities (USA) LLC as joint lead structuring agents and joint lead placement agents, and
BNP Paribas as joint placement agent. Capitalized terms not otherwise defined herein, shall have
the meaning assigned to such terms in the Credit Agreement.

     Pursuant to Section 2.01(c) of the Credit Agreement, from and after the date of this
Incremental Lender Assumption Agreement (the “Incremental Effective Date”), KfW IPEX-Bank GmbH (the
“Incremental Lender”) shall be bound by the provisions of the Credit Agreement as a Lender
thereunder and have the rights and obligations of a Lender thereunder, with an aggregate Commitment
equal to $200,000,000.

     The Incremental Lender hereby (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this Incremental Lender
Assumption Agreement and to consummate the transactions contemplated hereby and to become a Lender
under the Credit Agreement, (ii) it has received a copy of the Credit Agreement, and has received
or has been accorded the opportunity to receive copies of such documents and information as it
deems appropriate to make its own credit analysis and decision to enter into this Incremental
Lender Assumption Agreement and (iii) it is a Foreign Lender and attached hereto is all
documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly
completed and executed by it and (b) agrees that it will perform in accordance with their terms all
of the obligations which by the terms of the Loan Documents are required to be performed by it as a
Lender.

     Each Obligor hereby makes to the Incremental Lender each representation and warranty of such
Obligor contained in Article 3 of the Credit Agreement and contained in each other Loan Document
dated as of a date on or prior to the Incremental Effective Date on and as of the Incremental
Effective Date, except to the extent that such representations and warranties specifically refer to
an earlier date.

     Exhibit A of the Credit Agreement is hereby amended by replacing the contents thereof with the
contents of Schedule 1 hereto. Schedule 3.17(a) of the Credit Agreement is hereby amended by
replacing the contents thereof with the contents of Schedule 2

1

 

hereto. Schedule 3.17(b) of the Credit Agreement is hereby amended by replacing the contents
thereof with the contents of Schedule 3 hereto.

     This Incremental Lender Assumption Agreement shall be a Loan Document. This Incremental
Lender Assumption Agreement shall be binding upon, and inure to the benefit of, the parties hereto
and their respective successors and assigns. This Incremental Lender Assumption Agreement may be
executed in any number of counterparts, which together shall constitute one instrument. Delivery
of an executed counterpart of a signature page of this Incremental Lender Assumption Agreement by
telecopy shall be effective as delivery of a manually executed counterpart of this Incremental
Lender Assumption Agreement. This Incremental Lender Assumption Agreement shall be construed in
accordance with and governed by the laws of the State of New York.

[Signature pages follow.]

2

 

IN WITNESS WHEREOF, the undersigned has executed this Incremental Lender Assumption Agreement as of
the day and year first above written.

	 	 	 	 	 
	 	TEMESCAL AIRCRAFT INC.

 	 
	 	By:  	/s/ Frederick S. Cromer
 	 
	 	 	Name:  	Frederick S. Cromer 	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	INTERNATIONAL LEASE FINANCE CORPORATION

 	 
	 	By:  	/s/ Frederick S. Cromer
 	 
	 	 	Name:  	Frederick S. Cromer 	 
	 	 	Title:  	President and Chief Financial Officer 	 
	 
	 	PARK TOPANGA AIRCRAFT INC.

 	 
	 	By:  	/s/ Frederick S. Cromer
 	 
	 	 	Name:  	Frederick S. Cromer 	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	CHARMLEE AIRCRAFT INC.

 	 
	 	By:  	/s/ Frederick S. Cromer
 	 
	 	 	Name:  	Frederick S. Cromer 	 
	 	 	Title:  	Chief financial Officer 	 
	 
	 	BALLYSKY AIRCRAFT IRELAND LIMITED

 	 
	 	By:  	/s/ Niall C. Sommerville
 	 
	 	 	Name:  	Niall C. Sommerville 	 
	 	 	Title:  	Director 	 
	 

[Signature page — Incremental Lender Assumption Agreement]

 

 

	 	 	 	 	 
	 	KFW IPEX-BANK GMBH, as the

    Incremental Lender

 	 
	 	By:  	/s/ Jörg-Andreas Dürr
 	 
	 	 	Name:  	Jörg-Andreas Dürr 	 
	 	 	Title:  	Director 	 
	 
	 	 	 
	 	By:  	/s/ Dieter Wystemp
 	 
	 	 	Name:  	Dieter Wystemp 	 
	 	 	Title:  	Vice President 	 

					
	 	

Acknowledged and agreed:

CITIBANK, N.A., as Administrative Agent

 	 
	 	By:  	/s/ Thomas Hollahan
 	 
	 	 	Name:  	Thomas Hollahan 	 
	 	 	Title:  	Managing Director and
 Vice President 	 

[Signature page — Incremental Lender Assumption Agreement]

 

 

SCHEDULE 1

TO INCREMENTAL LENDER ASSUMPTION AGREEMENT

COMMITMENTS

AND APPLICABLE PERCENTAGES

	 	 	 	 	 
	Lender	 	Commitment	 	Applicable Percentage
	Citibank, N.A.
	 	$150,000,000	 	9.839291571%
	Credit Suisse AG, Cayman Islands Branch
	 	$150,000,000	 	9.839291571%
	BNP Paribas
	 	$200,000,000	 	13.119055428%
	DVB Bank SE
	 	$200,000,000	 	13.119055428%
	KfW Bankengruppe
	 	$200,000,000	 	13.119055428%
	UniCredit Bank AG, London Branch
	 	$100,000,000	 	6.559527714%
	DBS Bank Ltd.
	 	$75,000,000	 	4.919645786%
	Scotiabank Europe plc
	 	$75,000,000	 	4.919645786%
	Sumitomo Mitsui Banking Corporation
	 	$75,000,000	 	4.919645786%
	United Overseas Bank Limited
	 	$75,000,000	 	4.919645786%
	Deutsche Bank AG, London branch
	 	$75,000,000	 	4.919645786%
	Crédit Industriel et Commercial
	 	$40,000,000	 	2.623811086%
	Industrial and Commercial Bank of
China (Europe) S.A.
	 	$34,500,000	 	2.263037061%
	The Tokyo Star Bank, Limited
	 	$30,000,000	 	1.967858314%
	Aozora Bank, Ltd.
	 	$25,000,000	 	1.639881929%
	NEC Capital Solutions Limited
	 	$20,000,000	 	1.311905543%
	Total
	 	$1,524,500,000	 	100.000000000%

Schedule 1-1

 

 

SCHEDULE 2

TO INCREMENTAL LENDER ASSUMPTION AGREEMENT

PS POOL AIRCRAFT

Pool Aircraft

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Airframe	 	 	 	 	 	Engine Manufacturer	 	 	 	 
	 	 	Manufacturer and	 	 	 	 	 	and	 	 	 	Country of
	 	 	Model	 	Airframe MSN	 	Engine Model	 	Lessee	 	Registration 

Undelivered Pool Aircraft

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Airframe	 	 	 	 	 	Engine Manufacturer	 	 	 	 
	 	 	Manufacturer and	 	 	 	 	 	and	 	 	 	Country of
	 	 	Model	 	Airframe MSN	 	Engine Model	 	Lessee*	 	Registration*
	1

	 	Airbus A319-100
	 	 	1884	 	 	CFM International

CFM56-5B6/P
	 	***
	 	Kingdom of Bahrain
	 
	2

	 	Airbus A319-100
	 	 	2004	 	 	International Aero

Engines V2524-A5
	 	***
	 	China
	 
	3

	 	Airbus A319-100
	 	 	2194	 	 	International Aero

Engines V2524-A5
	 	***
	 	United Kingdom
	 
	4

	 	Airbus A319-100
	 	 	2232	 	 	International Aero

Engines V2524-A5
	 	***
	 	China
	 
	5

	 	Airbus A319-100
	 	 	2720	 	 	International Aero

Engines V2524-A5
	 	***
	 	United Kingdom
	 
	6

	 	Airbus A319-100
	 	 	3114	 	 	International Aero

Engines V2527M-A5
	 	***
	 	China
	 
	7

	 	Airbus A319-100
	 	 	3116	 	 	International Aero

Engines V2527M-A5
	 	***
	 	China
	 
	8

	 	Airbus A319-100
	 	 	3124	 	 	International Aero

Engines V2527M-A5
	 	***
	 	China
	 
	9

	 	Airbus A320-200
	 	 	1424	 	 	International Aero

Engines V2527-A5
	 	***
	 	United Kingdom
	 
	10

	 	Airbus A320-200
	 	 	2024	 	 	CFM International

CFM56-5B4/P
	 	***
	 	Switzerland
	 
	11

	 	Airbus A320-200
	 	 	2142	 	 	CFM International

CFM56-5B4/P
	 	***
	 	Malta

 

			
	***	 	Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 2-1

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Airframe	 	 	 	 	 	Engine Manufacturer	 	 	 	 
	 	 	Manufacturer and	 	 	 	 	 	and	 	 	 	Country of
	 	 	Model	 	Airframe MSN	 	Engine Model	 	Lessee*	 	Registration*
	12

	 	Airbus A320-200
	 	 	2594	 	 	International Aero

Engines V2527-A5
	 	***
	 	New Zealand
	 
	13

	 	Airbus A320-200
	 	 	2768	 	 	CFM International

CFM56-5B4/P
	 	***
	 	Malta
	 
	14

	 	Airbus A320-200
	 	 	4619	 	 	International Aero

Engines V2527-A5
	 	***
	 	China
	 
	15

	 	Airbus A321-200
	 	 	1658	 	 	CFM International

CFM56-5B3/P
	 	***
	 	France
	 
	16

	 	Airbus A321-200
	 	 	1695	 	 	International Aero

Engines V2533-A5
	 	***
	 	Hong Kong
	 
	17

	 	Airbus A321-200
	 	 	3067	 	 	International Aero

Engines V2533-A5
	 	***
	 	China
	 
	18

	 	Airbus A321-200
	 	 	3075	 	 	International Aero

Engines V2533-A5
	 	***
	 	China
	 
	19

	 	Airbus A321-200
	 	 	3112	 	 	International Aero

Engines V2533-A5
	 	***
	 	China
	 
	20

	 	Airbus A330-200
	 	 	262	 	 	Pratt & Whitney

PW4168A
	 	***
	 	Vietnam
	 
	21

	 	Airbus A330-200
	 	 	275	 	 	Pratt & Whitney

PW4168A
	 	***
	 	Vietnam
	 
	22

	 	Airbus A330-200
	 	 	432	 	 	Pratt & Whitney

PW4168A
	 	***
	 	Germany
	 
	23

	 	Airbus A330-200
	 	 	454	 	 	Pratt & Whitney

PW4168A
	 	***
	 	Germany
	 
	24

	 	Airbus A330-200
	 	 	527	 	 	Rolls Royce PLC

TRENT 772B-60
	 	***
	 	Kingdom Of Bahrain
	 
	25

	 	Airbus A330-200
	 	 	811	 	 	General Electric

CF6-80E1-A3
	 	***
	 	Netherlands
	 
	26

	 	Boeing B737-700
	 	 	29372	 	 	CFM International

CFM56-7B24
	 	***
	 	China
	 
	27

	 	Boeing B737-800
	 	 	28252	 	 	CFM International

CFM56-7B27
	 	***
	 	Trinidad And Tobago
	 
	28

	 	Boeing B737-800
	 	 	30645	 	 	CFM International

CFM56-7B27
	 	***
	 	Trinidad and Tobago
	 
	29

	 	Boeing B737-800
	 	 	35274	 	 	CFM International

CFM56-7B24/3
	 	***
	 	Hong Kong
	 
	30

	 	Boeing B737-800
	 	 	35275	 	 	CFM International

CFM56-7B26/3
	 	***
	 	Czech Republic
	 
	31

	 	Boeing B737-800
	 	 	35279	 	 	CFM International

CFM56-7B26/3
	 	***
	 	France
	 
	32

	 	Boeing B737-800
	 	 	35280	 	 	CFM International

CFM56-7B26/3
	 	***
	 	Norway
	 
	33

	 	Boeing B737-800
	 	 	35283	 	 	CFM International

CFM56-7B26/3
	 	***
	 	Norway

 

			
	***	 	Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 2-2

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Airframe	 	 	 	 	 	Engine Manufacturer	 	 	 	 
	 	 	Manufacturer and	 	 	 	 	 	and	 	 	 	Country of
	 	 	Model	 	Airframe MSN	 	Engine Model	 	Lessee*	 	Registration*
	34

	 	Boeing B737-800
	 	 	38819	 	 	CFM International

CFM56-7B26/3
	 	***
	 	France
	 
	35

	 	Boeing B737-800
	 	 	38820	 	 	CFM International

CFM56-7B26/3
	 	***
	 	Not currently

registered**
	 
	36

	 	Boeing B737-800
	 	 	38822	 	 	CFM International

CFM56-7B24/3
	 	***
	 	Not currently

registered**
	 
	37

	 	Boeing B737-800
	 	 	38823	 	 	CFM International

CFM56-7B24/3
	 	***
	 	Not currently

registered**
	 
	38

	 	Boeing B777-200ER
	 	 	27607	 	 	General Electric

GE90-90B
	 	***
	 	Vietnam
	 
	39

	 	Boeing B777-200ER
	 	 	27608	 	 	General Electric

GE90-90B
	 	***
	 	Vietnam
	 
	40

	 	Boeing B777-200ER
	 	 	28686	 	 	Pratt & Whitney

PW4090
	 	***
	 	South Korea
	 
	41

	 	Boeing B777-200ER
	 	 	29397	 	 	General Electric

GE90-94B
	 	***
	 	Netherlands
	 
	42

	 	Boeing B777-200ER
	 	 	29399	 	 	General Electric

GE90-94B
	 	***
	 	Netherlands
	 
	43

	 	Boeing B777-200ER
	 	 	29404	 	 	Rolls Royce PLC

TRENT 895-17
	 	***
	 	New Zealand
	 
	44

	 	Boeing B777-200ER
	 	 	32719	 	 	General Electric

GE90-94B
	 	***
	 	United States
	 
	45

	 	Boeing B777-300ER
	 	 	32723	 	 	General Electric

GE90-115BG01
	 	***
	 	France
	 
	46

	 	Boeing B777-300ER
	 	 	32728	 	 	General Electric

GE90-115BG02
	 	***
	 	United Arab Emirates
	 
	47

	 	Airbus A319-100
	 	 	3020	 	 	International Aero

Engines V2524-A5
	 	***
	 	China
	 
	48

	 	Airbus A320-200
	 	 	2665	 	 	CFM International

CFM56-5B4/P
	 	***
	 	Malta
	 
	49

	 	Airbus A321-200
	 	 	1734	 	 	International Aero

Engines V2533-A5
	 	***
	 	South Korea
	 
	50

	 	Airbus A321-200
	 	 	1926	 	 	International Aero

Engines V2533-A5
	 	***
	 	Macau
	 
	51

	 	Airbus A330-200
	 	 	911	 	 	Pratt & Whitney

PW4168A
	 	***
	 	Germany
	 
	52

	 	Boeing B737-700
	 	 	29359	 	 	CFM International

CFM56-7B20
	 	***
	 	Hungary
	 
	53

	 	Boeing B737-800
	 	 	30724	 	 	CFM International

CFM56-7B26/3
	 	***
	 	Germany
	 
	54

	 	Boeing B737-800
	 	 	37159	 	 	CFM International

CFM56-7B26/3
	 	***
	 	Norway

 

			
	***	 	Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 2-3

 

 

 

			
	*	 	As of the date of this Credit Agreement
	 
	**	 	Aircraft not yet delivered from manufacturer
	 

			
	***	 	Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 2-4

 

 

SCHEDULE 3

TO INCREMENTAL LENDER ASSUMPTION AGREEMENT

LEASES

International Lease Finance Corporation (“ILFC”)

ILFC Ireland Limited (“ILFC Ireland”)

***

     Boeing B777-200ER aircraft bearing serial number 32719

     Aircraft Lease Agreement dated as of December 23, 2004 between ***, as Lessee, and
ILFC, as Lessor.

***

     Airbus A330-200 aircraft bearing serial number 432

     Aircraft Lease Agreement dated as of March 30, 2000 between ***, as Lessee, and
ILFC Ireland, as Lessor.

Lease Assignment dated August 16, 2010 between ILFC Aircraft 33A-432 Limited, as
Assignee, ILFC Ireland as Assignor and *** as Lessee.

     Airbus A330-200 aircraft bearing serial number 454

     Aircraft Lease Agreement dated as of March 30, 2000 between ***, as Lessee, and
ILFC Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of March 30, 2000 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

     Airbus A330-200 aircraft bearing serial number 911

     Aircraft Lease Agreement dated as of September 28, 2006 between ***, as Lessee, and
ILFC Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of September 28, 2006 between ILFC Ireland,
as Headlessee, and ILFC, as Headlessor.

***

 

***
Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-1

 

 

     Airbus A321-200 aircraft bearing serial number 1926

     Aircraft Lease Agreement dated as of January 31, 2002 between ***, as Lessee, and
ILFC, as Lessor.

***

     Airbus A320-200 aircraft bearing serial number 2142

     Amended and Restated Aircraft Lease Agreement dated as of January 14, 2003 between
***, as Lessee, and ILFC, as Lessor.

     Airbus A320-200 aircraft bearing serial number 2768

     Amended and Restated Aircraft Lease Agreement dated as of August 12, 2005 between
***, as Lessee, and ILFC, as Lessor.

     Airbus A320-200 aircraft bearing serial number 2665

     Amended and Restated Aircraft Lease Agreement dated as of January 14, 2003 between
***, as Lessee, and ILFC, as Lessor.

***

     Airbus A320-200 aircraft bearing serial number 2594

     Aircraft Lease Agreement dated as of October 30, 2002 between ***, as Lessee, and
ILFC, as Lessor.

     Boeing B777-200ER aircraft bearing serial number 29404

     Aircraft Lease Agreement dated as of August 20, 2004 between ***, as Lessee, and
ILFC, as Lessor.

***

     Boeing B777-200ER aircraft bearing serial number 28686

     Aircraft Lease Agreement dated as of July 11, 1997 between ***, as Lessee, and ILFC
Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of July 11, 1997 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-2

 

 

     Airbus A321-200 aircraft bearing serial number 1734

     Aircraft Lease Agreement dated as of January 10, 2001 between ***, as Lessee, and
ILFC Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of January 10, 2001 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

***

     Airbus A320-200 aircraft bearing serial number 1424

     Aircraft Lease Agreement dated as of August 12, 1997 between ***, as Lessee, and
ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 2194

     Aircraft Lease Agreement dated as of October 17, 2003 between ***, as Lessee, and
ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 2720

     Aircraft Lease Agreement dated as of September 30, 2005 between ***, as Lessee, and
ILFC, as Lessor.

***

     Boeing B737-800 aircraft bearing serial number 28252

     Aircraft Lease Agreement dated as of December 3, 2010 between ***, as Lessee, and
Aircraft 73B-28252 Inc., as Lessor.

     Boeing B737-800 aircraft bearing serial number 30645

     Aircraft Lease Agreement dated as of December 3, 2010 between ***, as Lessee, and
Aircraft 73B-30645 Inc., as Lessor.

***

     Airbus A319-100 aircraft bearing serial number 2004

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-3

 

 

Amended and Restated Aircraft Lease Agreement dated as of April 9, 2003, between
***, as Lessee, and ILFC Ireland, as Lessor, and ***, as Consenting Party.

Aircraft Headlease Agreement dated as of September 29, 2002 between ILFC Ireland,
as Lessee, and ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 2232

     Aircraft Lease Agreement dated as of November 4, 2003, between ***, as Lessee, ILFC
Ireland, as Lessor, and ***, as Consenting Party.

     Aircraft Headlease Agreement dated as of November 4, 2003 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

Aircraft Lease Novation and Amendment Agreement dated December 31, 2004, between
ILFC Ireland, as Lessor, ***, as Existing Lessee, ***, as New Lessee, and ***,
Ltd., as Consenting Party.

     Airbus A321-200 aircraft bearing serial number 3067

     Aircraft Lease Agreement dated as of March 18, 2005, between ***, as Lessee, ILFC
Ireland, as Lessor, and ***, as Consenting Party.

     Aircraft Headlease Agreement dated as of March 18, 2005 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

     Airbus A321-200 aircraft bearing serial number 3075

     Aircraft Lease Agreement dated as of March 18, 2005 between ***, as Lessee, ILFC
Ireland, as Lessor, and ***, as Consenting Party.

     Aircraft Headlease Agreement dated as of March 18, 2005 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

     Airbus A321-200 aircraft bearing serial number 3112

     Aircraft Lease Agreement dated as of March 18, 2005 between ***, as Lessee, ILFC
Ireland, as Lessor, and ***, as Consenting Party.

     Aircraft Headlease Agreement dated as of March 18, 2005 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

     Boeing B737-700 aircraft bearing serial number 29372

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-4

 

 

Aircraft Lease Agreement dated as of March 18, 2005 between ***, as Lessee, ILFC
Ireland, as Lessor, and ***, as Consenting Party.

Aircraft Headlease Agreement dated as of March 18, 2005 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 3020

     Aircraft Lease Agreement dated as of November 4, 2003, between ***, as Lessee, ILFC
Ireland, as Lessor, and ***, as Consenting Party.

     Aircraft Headlease Agreement dated as of November 4, 2003 between ILFC Ireland, as
Lessee, and ILFC, as Lessor.

Aircraft Lease Novation and Amendment Agreement dated December 31, 2004, between
ILFC Ireland, as Lessor, ***, as Existing Lessee, ***, as New Lessee, and ***, as
Consenting Party.

***

     Boeing B777-300ER aircraft bearing serial number 32728

     Aircraft Lease Agreement dated as of June 16, 2003 between ***, as Lessee, and
ILFC, as Lessor.

***

     Airbus A330-200 aircraft bearing serial number 527

     Aircraft Lease Agreement dated as of July 30, 2008 between ***, as Lessee, and
ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 1884

     Aircraft Lease Agreement dated as of July 3, 2008 between ***, as Lessee, and ILFC,
as Lessor.

***

     Boeing B737-800 aircraft bearing serial number 35274

     Aircraft Lease Agreement dated as of April 24, 2007 between ***, as Lessee, and
ILFC, as Lessor.

***

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-5

 

 

     Airbus A321-200 aircraft bearing serial number 1695

     Aircraft Lease Agreement dated as of November 9, 2000 between ***, as Lessee, and
ILFC, as Lessor.

***

     Airbus A330-200 aircraft bearing serial number 811

     Aircraft Lease Agreement dated as of March 17, 2005 between ***, as Lessee, and
ILFC, as Lessor.

     Boeing B777-200ER aircraft bearing serial number 29397

     Aircraft Lease Agreement dated as of January 10, 2003 between ***, as Lessee, and
ILFC, as Lessor.

     Boeing B777-200ER aircraft bearing serial number 29399

     Aircraft Lease Agreement dated as of January 10, 2003 between ***, as Lessee, and
ILFC, as Lessor.

***

     Boeing B737-800 aircraft bearing serial number 38822

     Aircraft Lease Agreement dated as of March 26, 2010 between ***, as Lessee, and
ILFC Ireland, as Lessor.

     Boeing B737-800 aircraft bearing serial number 38823

     Aircraft Lease Agreement dated as of March 26, 2010 between ***, as Lessee, and
ILFC Ireland, as Lessor.

***

     Boeing B737-700 aircraft bearing serial number 29359

     Aircraft Lease Agreement dated as of June 30, 2002 between ***, as Lessee, and
ILFC, as Lessor.

***

     Boeing B737-800 aircraft bearing serial number 35280

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-6

 

 

Aircraft Lease Agreement dated as of October 4, 2007 between ***, as Lessee, and
ILFC, as Lessor.

     Boeing B737-800 aircraft bearing serial number 35283

     Aircraft Lease Agreement dated as of October 4, 2007 between ***, as Lessee, and
ILFC, as Lessor.

     Boeing B737-800 aircraft bearing serial number 37159

     Aircraft Lease Agreement dated as of January 8, 2009 between ***, as Lessee, and
ILFC, as Lessor.

***

     Airbus A320-200 aircraft bearing serial number 4619

     Aircraft Lease Agreement dated as of July 1, 2010 between ***, as Lessee and ILFC
Ireland, as Lessor.

***

     Airbus A319-100 aircraft bearing serial number 3114

     Aircraft Lease Agreement dated as of October 31, 2006 between ***, as Lessee and
ILFC Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of October, 31, 2006 between ILFC Ireland, as
Lessee and ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 3116

     Aircraft Lease Agreement dated as of October 31, 2006 between ***, as Lessee and
ILFC Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of October, 31, 2006 between ILFC Ireland, as
Lessee and ILFC, as Lessor.

     Airbus A319-100 aircraft bearing serial number 3124

     Aircraft Lease Agreement dated as of October 31, 2006 between ***, as Lessee and
ILFC Ireland, as Lessor.

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-7

 

 

Aircraft Headlease Agreement dated as of October, 31, 2006 between ILFC Ireland, as
Lessee and ILFC, as Lessor.

***

     Airbus A321-200 aircraft bearing serial number 1658

     Aircraft Lease Agreement dated as of December 20, 2001 between ***, as Lessee and
ILFC, as Lessor.

     Boeing B777-300ER aircraft bearing serial number 32723

     Aircraft Lease Agreement dated as of December 7, 2000 between ***, as Lessee and
ILFC, as Lessor.

***

     Airbus A320-200 aircraft bearing serial number 2024

     Lease Agreement dated as of March 31, 2002 between ***, as Lessee, and ILFC, as
Lessor.

***

     Boeing B737-800 aircraft bearing serial number 35275

     Aircraft Lease Agreement dated as of March 31, 2007 between ***, as Lessee and ILFC
Ireland, as Lessor.

     Aircraft Headlease Agreement dated as of March 31, 2007 between ILFC Ireland, as
Lessee and ILFC, as Lessor.

***

     Boeing B737-800 aircraft bearing serial number 38820

     Aircraft Lease Agreement dated as of August 10, 2010 between ***, as Lessee, and
ILFC, as Lessor.

***

     Airbus A330-200 aircraft bearing serial number 262

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-8

 

 

Aircraft Lease Agreement dated as of March 14, 2006 between ***, as Lessee, and
Sierra Leasing Limited, as Lessor.

Assignment, Assumption and Amendment Agreement dated as of January 20, 2009 by and
among Sierra Leasing Limited, as Assignor, ILFC, as Assignee, and ***, as Lessee.

Lease Assignment dated August 31, 2010 between Aircraft Lotus Inc., as Assignee,
ILFC, as Assignor, and ***, as Lessee.

     Airbus A330-200 aircraft bearing serial number 275

     Aircraft Lease Agreement dated as of May 28, 2008 between ***, as Lessee, and ILFC,
as Lessor.

     Lease Assignment dated August 31, 2010 between Aircraft Lotus Inc., as Assignee,
ILFC, as Assignor, and ***, as Lessee.

     Boeing B777-200ER aircraft bearing serial number 27607

     Aircraft Lease Agreement dated as of March 8, 2005 between ***, as Lessee, and
ILFC, as Lessor.

     Lease Assignment dated August 31, 2010 between Aircraft Lotus Inc., as Assignee,
ILFC, as Assignor, and ***, as Lessee.

     Boeing B777-200ER aircraft bearing serial number 27608

     Aircraft Lease Agreement dated as of March 8, 2005 between ***, as Lessee, and
ILFC, as Lessor.

     Lease Assignment dated August 31, 2010 between Aircraft Lotus Inc., as Assignee,
ILFC, as Assignor, and ***, as Lessee.

***

     Boeing B737-800 aircraft bearing serial number 35279

     Aircraft Lease Agreement dated as of May 24, 2007 between ***, as Lessee, and ILFC,
as Lessor.

     Boeing B737-800 aircraft bearing serial number 38819

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-9

 

 

Aircraft Lease Agreement dated as of February 18, 2010 between ***, as Lessee, and
ILFC, as Lessor.

***

     Boeing B737-800 aircraft bearing serial number 30724

     Amended and Restated Aircraft Lease Agreement dated as of January 24, 2007 between
***, as Lessee and ILFC, as Lessor.

     Aircraft Lease Novation and Amendment Agreement dated as of January 24, 2007
between ***, as Lessee, and ILFC, as Lessor.

 

*** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Schedule 3-10exv10w1

CONFIDENTIAL TREATMENT

REQUESTED PURSUANT TO RULE 24b-2

Certain confidential information contained in this exhibit was omitted by means of redacting a portion of the text and replacing it with [***].  This exhibit (containing the non-public information) has been filed separately with the Secretary of the Securities and Exchange Commission without redaction pursuant
 to a Confidential Treatment Request under Rule 24b-2 of the Securities Exchange Act of 1934, as amended.

 

CREDIT AGREEMENT

by and among

JDA SOFTWARE GROUP, INC.

as Borrower,

THE LENDERS THAT ARE SIGNATORIES HERETO

as the Lenders,

and

WELLS FARGO CAPITAL FINANCE, LLC

as the Agent

Dated as of March 18, 2011

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 

	 
	 	 	 Page 	 
	1. DEFINITIONS AND CONSTRUCTION
	 	 	1	 
	1.1 Definitions
	 	 	1	 
	1.2 Accounting Terms
	 	 	1	 
	1.3 Code
	 	 	1	 
	1.4 Construction
	 	 	2	 
	1.5 Schedules and Exhibits
	 	 	2	 
	 
	 	 	 	 
	2. LOANS AND TERMS OF PAYMENT
	 	 	2	 
	2.1 Revolver Advances
	 	 	2	 
	2.2 Intentionally Omitted
	 	 	3	 
	2.3 Borrowing Procedures and Settlements
	 	 	3	 
	2.4 Payments; Reductions of Commitments; Prepayments
	 	 	7	 
	2.5 Overadvances
	 	 	10	 
	2.6 Interest Rates and Letter of Credit Fee: Rates, Payments, and Calculations
	 	 	11	 
	2.7 Crediting Payments
	 	 	12	 
	2.8 Designated Account
	 	 	12	 
	2.9 Maintenance of Loan Account; Statements of Obligations
	 	 	12	 
	2.10 Fees
	 	 	12	 
	2.11 Letters of Credit
	 	 	13	 
	2.12 LIBOR Option
	 	 	16	 
	2.13 Capital Requirements
	 	 	18	 
	2.14 Accordion
	 	 	19	 
	 
	 	 	 	 
	3. CONDITIONS; TERM OF AGREEMENT; UNRESTRICTED SUBSIDIARIES
	 	 	20	 
	3.1 Conditions Precedent to the Initial Extension of Credit
	 	 	20	 
	3.2 Conditions Precedent to Extensions of Credit Subsequent to the Closing Date
	 	 	20	 
	3.3 Maturity
	 	 	21	 
	3.4 Effect of Maturity
	 	 	21	 
	3.5 Early Termination by Borrower
	 	 	21	 
	3.6 Conditions Subsequent.
	 	 	21	 
	 
	 	 	 	 
	4. REPRESENTATIONS AND WARRANTIES
	 	 	22	 
	4.1 Due Organization and Qualification; Subsidiaries
	 	 	22	 
	4.2 Due Authorization; No Conflict
	 	 	23	 
	4.3 Governmental Consents
	 	 	23	 
	4.4 Binding Obligations; Perfected Liens
	 	 	23	 

 

 

TABLE OF CONTENTS
(continued)

	 	 	 	 	 

	 
	 	 	 Page 	 
	4.5 Title to Assets; No Encumbrances
	 	 	23	 
	4.6 Jurisdiction of Organization; Location of Chief Executive Office;
Organizational Identification Number; Commercial Tort Claims
	 	 	24	 
	4.7 Litigation
	 	 	24	 
	4.8 Compliance with Laws
	 	 	24	 
	4.9 No Material Adverse Change
	 	 	24	 
	4.10 Fraudulent Transfer
	 	 	25	 
	4.11 Employee Benefits
	 	 	25	 
	4.12 Environmental Condition
	 	 	25	 
	4.13 Intellectual Property
	 	 	25	 
	4.14 Leases
	 	 	25	 
	4.15 Deposit Accounts and Securities Accounts
	 	 	25	 
	4.16 Complete Disclosure
	 	 	25	 
	4.17 Intentionally Omitted
	 	 	26	 
	4.18 Patriot Act
	 	 	26	 
	4.19 Indebtedness
	 	 	26	 
	4.20 Payment of Taxes
	 	 	26	 
	4.21 Margin Stock
	 	 	26	 
	4.22 Governmental Regulation
	 	 	26	 
	4.23 OFAC
	 	 	27	 
	4.24 Employee and Labor Matters.
	 	 	27	 
	4.25 Immaterial Subsidiaries
	 	 	27	 
	 
	 	 	 	 
	5. AFFIRMATIVE COVENANTS
	 	 	27	 
	5.1 Financial Statements, Reports, Certificates
	 	 	27	 
	5.2 Collateral Reporting
	 	 	27	 
	5.3 Existence
	 	 	27	 
	5.4 Maintenance of Properties
	 	 	28	 
	5.5 Taxes
	 	 	28	 
	5.6 Insurance
	 	 	28	 
	5.7 Inspection
	 	 	29	 
	5.8 Compliance with Laws
	 	 	29	 
	5.9 Environmental
	 	 	29	 
	5.10 Disclosure Updates
	 	 	29	 
	5.11 Formation of Subsidiaries
	 	 	30	 

 - 2 - 

 

TABLE OF CONTENTS
(continued)

	 	 	 	 	 
	 
	 	 	 Page 	 
	5.12 Further Assurances
	 	 	31	 
	5.13 Lender Meetings
	 	 	31	 
	5.14 Intentionally Omitted
	 	 	31	 
	5.15 Assignable Material Contracts
	 	 	31	 
	 
	 	 	 	 
	6. NEGATIVE COVENANTS
	 	 	32	 
	6.1 Indebtedness
	 	 	32	 
	6.2 Liens
	 	 	32	 
	6.3 Restrictions on Fundamental Changes
	 	 	32	 
	6.4 Disposal of Assets
	 	 	33	 
	6.5 Change Name
	 	 	33	 
	6.6 Nature of Business
	 	 	34	 
	6.7 Amendments
	 	 	34	 
	6.8 Change of Control
	 	 	34	 
	6.9 Restricted Payments
	 	 	34	 
	6.10 Accounting Methods
	 	 	37	 
	6.11 Controlled Investments
	 	 	37	 
	6.12 Transactions with Affiliates
	 	 	37	 
	6.13 Use of Proceeds
	 	 	38	 
	6.14 Limitation on Issuance of Stock.
	 	 	38	 
	 
	 	 	 	 
	7. FINANCIAL COVENANTS
	 	 	38	 
	8. EVENTS OF DEFAULT
	 	 	39	 
	9. RIGHTS AND REMEDIES
	 	 	41	 
	9.1 Rights and Remedies
	 	 	41	 
	9.2 Remedies Cumulative
	 	 	41	 
	 
	 	 	 	 
	10. WAIVERS; INDEMNIFICATION
	 	 	41	 
	10.1 Demand; Protest; etc
	 	 	41	 
	10.2 The Lender Group’s Liability for Collateral
	 	 	41	 
	10.3 Indemnification
	 	 	42	 
	 
	 	 	 	 
	11. NOTICES
	 	 	43	 
	12. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER
	 	 	43	 
	13. ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS
	 	 	44	 
	13.1 Assignments and Participations
	 	 	44	 
	13.2 Successors
	 	 	46	 

 - 3 - 

 

TABLE OF CONTENTS
(continued)

	 	 	 	 	 
	 
	 	 	 Page 	 
	14. AMENDMENTS; WAIVERS
	 	 	47	 
	14.1 Amendments and Waivers
	 	 	47	 
	14.2 Replacement of Certain Lenders
	 	 	48	 
	14.3 No Waivers; Cumulative Remedies
	 	 	49	 
	 
	 	 	 	 
	15. AGENT; THE LENDER GROUP
	 	 	49	 
	15.1 Appointment and Authorization of Agent
	 	 	49	 
	15.2 Delegation of Duties
	 	 	50	 
	15.3 Liability of Agent
	 	 	50	 
	15.4 Reliance by Agent
	 	 	50	 
	15.5 Notice of Default or Event of Default
	 	 	50	 
	15.6 Credit Decision
	 	 	51	 
	15.7 Costs and Expenses; Indemnification
	 	 	51	 
	15.8 Agent in Individual Capacity
	 	 	52	 
	15.9 Successor Agent.
	 	 	52	 
	15.10 Lender in Individual Capacity
	 	 	52	 
	15.11 Collateral Matters
	 	 	53	 
	15.12 Restrictions on Actions by Lenders; Sharing of Payments
	 	 	54	 
	15.13 Agency for Perfection
	 	 	55	 
	15.14 Payments by Agent to the Lenders
	 	 	55	 
	15.15 Concerning the Collateral and Related Loan Documents
	 	 	55	 
	15.16 Audits and Examination Reports; Confidentiality; Disclaimers by
Lenders; Other Reports and Information
	 	 	55	 
	15.17 Several Obligations; No Liability
	 	 	56	 
	 
	 	 	 	 
	16. WITHHOLDING TAXES
	 	 	56	 
	17. GENERAL PROVISIONS
	 	 	58	 
	17.1 Effectiveness
	 	 	58	 
	17.2 Section Headings
	 	 	58	 
	17.3 Interpretation
	 	 	59	 
	17.4 Severability of Provisions
	 	 	59	 
	17.5 Bank Product Providers
	 	 	59	 
	17.6 Debtor-Creditor Relationship
	 	 	59	 
	17.7 Counterparts; Electronic Execution
	 	 	60	 
	17.8 Revival and Reinstatement of Obligations
	 	 	60	 
	17.9 Confidentiality
	 	 	60	 

 - 4 - 

 

TABLE OF CONTENTS
(continued)

	 	 	 	 	 
	 
	 	 	 Page 	 
	17.10 Lender Group Expenses
	 	 	59	 
	17.11 Survival
	 	 	59	 
	17.12 Patriot Act
	 	 	60	 
	17.13 Integration
	 	 	60	 

 - 5 - 

 

EXHIBITS AND SCHEDULES

	 	 	 

	Exhibit A-1

	 	Form of Assignment and Acceptance
	Exhibit B-2

	 	Form of Bank Product Provider Letter Agreement
	Exhibit C-1

	 	Form of Compliance Certificate
	Exhibit I-1

	 	Form of IP Reporting Certificate
	Exhibit L-1

	 	Form of LIBOR Notice
	 
	 	 
	Schedule A-1

	 	Agent’s Account
	Schedule A-2

	 	Authorized Persons
	Schedule C-1

	 	Commitments
	Schedule D-1

	 	Designated Account
	Schedule E-1

	 	Existing Letters of Credit
	Schedule P-1

	 	Permitted Investments
	Schedule P-2

	 	Permitted Liens
	Schedule 1.1

	 	Definitions
	Schedule 3.1

	 	Conditions Precedent
	Schedule 3.6

	 	Conditions Subsequent
	Schedule 4.1(b)

	 	Capitalization of the Loan Parties
	Schedule 4.6(a)

	 	States of Organization
	Schedule 4.6(b)

	 	Chief Executive Offices
	Schedule 4.6(c)

	 	Organizational Identification Numbers
	Schedule 4.6(d)

	 	Commercial Tort Claims
	Schedule 4.7(b)

	 	Litigation
	Schedule 4.12

	 	Environmental Matters
	Schedule 4.15

	 	Deposit Accounts and Securities Accounts
	Schedule 4.19

	 	Permitted Indebtedness
	Schedule 4.25

	 	Immaterial Subsidiaries
	Schedule 5.1

	 	Financial Statements, Reports, Certificates
	Schedule 5.2

	 	Collateral Reporting

 

 

CREDIT AGREEMENT

          THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of March 18, 2011, by and
among the lenders identified on the signature pages hereof (each of such lenders, together with
their respective successors and permitted assigns, are referred to hereinafter as a
“Lender”, as that term is hereinafter further defined), WELLS FARGO CAPITAL FINANCE, LLC, a
Delaware limited liability company, as agent for the Lenders (in such capacity, together with its
successors and assigns in such capacity, “Agent”), and JDA SOFTWARE GROUP, INC., a Delaware
corporation (“Borrower” ).

          The parties agree as follows:

1. DEFINITIONS AND CONSTRUCTION.

     1.1 Definitions. Capitalized terms used in this Agreement shall have the meanings
specified therefor on Schedule 1.1.

     1.2 Accounting Terms. All accounting terms not specifically defined herein shall be
construed in accordance with GAAP; provided, however, that if Borrower notifies
Agent that Borrower requests an amendment to any provision hereof to eliminate the effect of any
Accounting Change occurring after the Closing Date or in the application thereof on the operation
of such provision (or if Agent notifies Borrower that the Required Lenders request an amendment to
any provision hereof for such purpose), regardless of whether any such notice is given before or
after such Accounting Change or in the application thereof, then Agent and Borrower agree that they
will negotiate in good faith amendments to the provisions of this Agreement that are directly
affected by such Accounting Change with the intent of having the respective positions of the
Lenders and Borrower after such Accounting Change conform as nearly as possible to their respective
positions as of the date of this Agreement and, until any such amendments have been agreed upon and
agreed to by the Required Lenders, the provisions in this Agreement shall be calculated as if no
such Accounting Change had occurred. Notwithstanding the foregoing, if at any time Borrower
determines to use IFRS in lieu of GAAP for financial reporting purposes, Borrower may elect by
written notice to Agent to so use IFRS in lieu of GAAP and, upon any such notice, references herein
to GAAP shall, for purposes of this Agreement, thereafter be construed to mean (a) for periods
beginning on and after the date specified in such notice, IFRS, and (b) for periods beginning prior
to the date specified in such notice, GAAP; provided that, to the extent that such election
would affect any financial ratio set forth in this Agreement or any financial covenant or related
definition, (i) Borrower shall provide to Agent financial statements and other documents reasonably
requested by Agent or any Lender setting forth a reconciliation with respect to such ratio or
covenant for periods before giving effect to such election and for periods after giving effect to
such election, and (ii) if Borrower, Agent or the Required Lenders shall so request, Agent, the
Required Lenders and Borrower shall negotiate in good faith to amend the provisions of this
Agreement that are directly affected by such election with the intent of having the respective
positions of the Lenders and Borrower after such election conform as nearly as possible to their
respective positions as of the date of this Agreement. Notwithstanding anything in this Agreement
to the contrary, for the purposes of calculating compliance with the financial covenants of this
Agreement, no effect shall be given to any change in GAAP arising out of a change described in the
Proposed Accounting Standards Update to Leases (Topic 840) dated August 17, 2010 or a substantially
similar pronouncement. When used herein, the term “financial statements” shall include the notes
and schedules thereto. Whenever the term “Borrower” is used in respect of a financial covenant or
a related definition, it shall be understood to mean Borrower and each of its Subsidiaries on a
consolidated basis, unless the context clearly requires otherwise.

     1.3 Code. Any terms used in this Agreement that are defined in the Code shall be
construed and defined as set forth in the Code unless otherwise defined herein; provided,
however, that to the extent that the

 

 

Code is used to define any term herein and such term
is defined differently in different Articles of the Code,
the definition of such term contained in Article 9 of the Code shall govern.

     1.4 Construction. Unless the context of this Agreement or any other Loan Document
clearly requires otherwise, references to the plural include the singular, references to the
singular include the plural, the terms “includes” and “including” are not limiting, and the term
“or” has, except where otherwise indicated, the inclusive meaning represented by the phrase
“and/or.” The words “hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Agreement
or any other Loan Document refer to this Agreement or such other Loan Document, as the case may be,
as a whole and not to any particular provision of this Agreement or such other Loan Document, as
the case may be. Section, subsection, clause, schedule, and exhibit references herein are to this
Agreement unless otherwise specified. Any reference in this Agreement or in any other Loan
Document to any agreement, instrument, or document shall include all alterations, amendments,
changes, extensions, modifications, renewals, replacements, substitutions, joinders, and
supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations,
amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders,
and supplements set forth herein). The words “asset” and “property” shall be construed to have the
same meaning and effect and to refer to any and all tangible and intangible assets and properties.
Any reference herein or in any other Loan Document to the satisfaction, repayment, or payment in
full of the Obligations, or to the Obligations being due and payable on a specified date, shall
mean, in each case, the repayment in full in cash or immediately available funds (or, (a) in the
case of contingent reimbursement obligations with respect to Letters of Credit, providing Letter of
Credit Collateralization, and (b) in the case of obligations with respect to Bank Products (other
than Hedge Obligations), providing Bank Product Collateralization) of all of the Obligations
(including the payment of any Lender Group Expenses that have accrued irrespective of whether
demand has been made therefor and the payment of any termination amount then applicable (or which
would or could become applicable as a result of the repayment of the other Obligations) under Hedge
Agreements provided by Hedge Providers) other than (i) unasserted contingent indemnification
Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that, at such time,
are allowed by the applicable Bank Product Provider to remain outstanding without being required to
be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed
by the applicable Hedge Provider to remain outstanding without being required to be repaid. Any
reference herein to any Person shall be construed to include such Person’s successors and assigns.
Any requirement of a writing contained herein or in any other Loan Document shall be satisfied by
the transmission of a Record. Whenever the term “Senior Notes Indenture” is used and compliance
therewith is required herein, such requirement shall not apply after all of the covenants in the
Senior Notes Indenture shall have been defeased or terminated or the Senior Notes paid in full, in
each case unless the Indebtedness represented by the Senior Notes has been refinanced as permitted
hereunder, in which case the rule of construction set forth in the fourth sentence of this
Section 1.4 shall apply.

     1.5 Schedules and Exhibits. All of the schedules and exhibits attached to this
Agreement shall be deemed incorporated herein by reference.

2. LOANS AND TERMS OF PAYMENT.

     2.1 Revolver Advances.

          (a) Subject to the terms and conditions of this Agreement, and during the term of this
Agreement, each Lender with a Commitment agrees (severally, not jointly or jointly and severally)
to make revolving loans (“Advances”) to Borrower in an amount at any one time outstanding
not to exceed the lesser of:

               (i) such Lender’s Commitment, or

               (ii) such Lender’s Pro Rata Share of an amount equal to the Maximum Revolver Amount less the
sum of (A) the Letter of Credit Usage at such time, plus (B) the principal amount of Swing Loans
outstanding at such time.

- 2 -

 

          (b) Amounts borrowed pursuant to this Section 2.1 may be repaid and, subject to the
terms and conditions of this Agreement, reborrowed at any time during the term of this Agreement.
The outstanding principal amount of the Advances, together with interest accrued and unpaid
thereon, shall be due and payable on the Maturity Date or, if earlier, on the date on which they
are declared due and payable pursuant to the terms of this Agreement.

     2.2 Intentionally Omitted.

     2.3 Borrowing Procedures and Settlements.

          (a) Procedure for Borrowing. Each Borrowing shall be made by a written request by an
Authorized Person delivered to Agent. Unless Swing Lender is not obligated to make a Swing Loan
pursuant to Section 2.3(b) below, such notice must be received by Agent no later than 10:00
a.m. (California time) on the Business Day that is the requested Funding Date specifying (i) the
amount of such Borrowing, and (ii) the requested Funding Date, which shall be a Business Day;
provided, however, that if Swing Lender is not obligated to make a Swing Loan as to
a requested Borrowing, such notice must be received by Agent no later than 10:00 a.m. (California
time) on the Business Day prior to the date that is the requested Funding Date. At Agent’s
election, in lieu of delivering the above-described written request, any Authorized Person may give
Agent telephonic notice of such request by the required time. In such circumstances, Borrower
agrees that any such telephonic notice will be confirmed in writing within 24 hours of the giving
of such telephonic notice, but the failure to provide such written confirmation shall not affect
the validity of the request or give rise to a Default or Event of Default.

          (b) Making of Swing Loans. In the case of a request for an Advance and so long as either (i)
the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of
Collections or payments applied to Swing Loans since the last Settlement Date, plus the amount of
the requested Advance does not exceed $10,000,000, or (ii) Swing Lender, in its sole discretion,
shall agree to make a Swing Loan notwithstanding the foregoing limitation, Swing Lender shall make
an Advance in the amount of such requested Borrowing (any such Advance made solely by Swing Lender
pursuant to this Section 2.3(b) being referred to as a “Swing Loan” and such
Advances being referred to as “Swing Loans”) available to Borrower on the Funding Date
applicable thereto by transferring immediately available funds to the Designated Account. Anything
contained herein to the contrary notwithstanding, the Swing Lender may, but shall not be obligated
to, make Swing Loans at any time that one or more of the Lenders is a Defaulting Lender. Each
Swing Loan shall be deemed to be an Advance hereunder and shall be subject to all the terms and
conditions (including Section 3) applicable to other Advances, except that all payments on any
Swing Loan shall be payable to Swing Lender solely for its own account. Subject to the provisions
of Section 2.3(d)(ii), Swing Lender shall not make and shall not be obligated to make any
Swing Loan if Swing Lender has actual knowledge that (i) one or more of the applicable conditions
precedent set forth in Section 3 will not be satisfied on the requested Funding Date for
the applicable Borrowing, or (ii) the requested Borrowing would exceed the Availability on such
Funding Date. Swing Lender shall not otherwise be required to determine whether the applicable
conditions precedent set forth in Section 3 have been satisfied on the Funding Date
applicable thereto prior to making any Swing Loan. The Swing Loans shall be secured by Agent’s
Liens, constitute Advances and Obligations hereunder, and bear interest at the rate applicable from
time to time to Advances that are Base Rate Loans.

          (c) Making of Loans.

               (i) In the event that Swing Lender is not obligated to make a Swing Loan, then promptly after
receipt of a request for a Borrowing pursuant to Section 2.3(a), Agent shall notify the
Lenders, not later than 1:00 p.m. (California time) on the Business Day immediately preceding the
Funding Date applicable thereto, by telecopy, telephone, or other similar form of transmission, of
the requested Borrowing. Each Lender shall make the amount of such Lender’s Pro Rata Share of the
requested Borrowing available to Agent in immediately available funds, to Agent’s Account, not
later than 10:00 a.m. (California time) on the Funding Date applicable thereto. After Agent’s
receipt of the proceeds of such Advances, Agent shall make

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the proceeds thereof available to Borrower on the applicable Funding Date by transferring
immediately available funds equal to such proceeds received by Agent to the Designated Account;
provided, however, that, subject to the provisions of Section 2.3(d)(ii),
Agent shall not request any Lender to make any Advance if it has knowledge that, and no Lender
shall have the obligation to make, any Advance, if (1) one or more of the applicable conditions
precedent set forth in Section 3 will not be satisfied on the requested Funding Date for
the applicable Borrowing unless such condition has been waived, or (2) the requested Borrowing
would exceed the Availability on such Funding Date.

               (ii) Unless Agent receives notice from a Lender prior to 9:00 a.m. (California time) on the
date of a Borrowing, that such Lender will not make available as and when required hereunder to
Agent for the account of Borrower the amount of that Lender’s Pro Rata Share of the Borrowing,
Agent may assume that each Lender has made or will make such amount available to Agent in
immediately available funds on the Funding Date and Agent may (but shall not be so required), in
reliance upon such assumption, make available to Borrower on such date a corresponding amount. If
any Lender shall not have made its full amount available to Agent in immediately available funds
and if Agent in such circumstances has made available to Borrower such amount, that Lender shall on
the Business Day following such Funding Date make such amount available to Agent, together with
interest at the Defaulting Lender Rate for each day during such period. A notice submitted by
Agent to any Lender with respect to amounts owing under this Section 2.3(c)(ii) shall be
conclusive, absent manifest error. If such amount is so made available, such payment to Agent
shall constitute such Lender’s Advance on the date of Borrowing for all purposes of this Agreement.
If such amount is not made available to Agent on the Business Day following the Funding Date,
Agent will notify Borrower of such failure to fund and, upon demand by Agent, Borrower shall pay
such amount to Agent for Agent’s account, together with interest thereon for each day elapsed since
the date of such Borrowing, at a rate per annum equal to the interest rate applicable at the time
to the Advances composing such Borrowing.

          (d) Protective Advances.

               (i) Any contrary provision of this Agreement or any other Loan Document notwithstanding, after
the occurrence and during the continuance of an Event of Default, Agent hereby is authorized by
Borrower and the Lenders, from time to time in Agent’s sole discretion, and regardless of whether
the conditions precedent set forth in Section 3 are or are not satisfied, to make Advances
to, or for the benefit of, Borrower on behalf of the Lenders (in an aggregate amount for all such
Advances taken together not exceeding $10,000,000 outstanding at any one time) that Agent, in its
Permitted Discretion deems necessary or desirable (1) to preserve or protect the Collateral, or any
portion thereof, or (2) to enhance the likelihood of repayment of the Obligations (other than the
Bank Product Obligations) (any of the Advances described in this Section 2.3(d)(i) shall be
referred to as “Protective Advances”).

               (ii) Intentionally Omitted.

               (iii) Each Protective Advance shall be deemed to be an Advance hereunder, except that no
Protective Advance shall be eligible to be a LIBOR Rate Loan and, prior to Settlement therefor, all
payments on the Protective Advances shall be payable to Agent solely for its own account. The
Protective Advances shall be repayable on demand, secured by Agent’s Liens, constitute Obligations
hereunder, and bear interest at the rate applicable from time to time to Advances that are Base
Rate Loans. The provisions of this Section 2.3(d) are for the exclusive benefit of Agent,
Swing Lender, and the Lenders and are not intended to benefit Borrower in any way. The foregoing
to the contrary notwithstanding, to the extent any Protective Advance causes the aggregate Revolver
Usage to exceed the Maximum Revolver Amount, such portion of such Protective Advance shall be for
Agent’s sole and separate account and not for the account of any Lender and shall be entitled to
priority in repayment in accordance with Section 2.4(b).

          (e) Settlement. It is agreed that each Lender’s funded portion of the Advances is intended by
the Lenders to equal, at all times, such Lender’s Pro Rata Share of the outstanding Advances. Such
agreement notwithstanding, Agent, Swing Lender, and the other Lenders agree (which agreement shall
not be for the benefit of Borrower) that in order to facilitate the administration of this
Agreement and the other

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Loan Documents, settlement among the Lenders as to the Advances, the Swing Loans, and the
Protective Advances shall take place on a periodic basis in accordance with the following
provisions:

               (i) Agent shall request settlement (“Settlement”) with the Lenders on a weekly basis,
or on a more frequent basis if so determined by Agent (A) on behalf of Swing Lender, with respect
to the outstanding Swing Loans, (B) for itself, with respect to the outstanding Protective Advances
or Overadvances, and (C) with respect to Borrower’s and its Restricted Subsidiaries’ Collections or
payments received, as to each by notifying the Lenders by telecopy, telephone, or other similar
form of transmission, of such requested Settlement, no later than 2:00 p.m. (California time) on
the Business Day immediately prior to the date of such requested Settlement (the date of such
requested Settlement being the “Settlement Date”). Such notice of a Settlement Date shall
include a summary statement of the amount of outstanding Advances, Swing Loans, Overadvances, and
Protective Advances for the period since the prior Settlement Date. Subject to the terms and
conditions contained herein (including Section 2.3(g)): (y) if the amount of the Advances
(including Swing Loans, Overadvances, and Protective Advances) made by a Lender that is not a
Defaulting Lender exceeds such Lender’s Pro Rata Share of the Advances (including Swing Loans,
Overadvances, and Protective Advances) as of a Settlement Date, then Agent shall, by no later than
12:00 p.m. (California time) on the Settlement Date, transfer in immediately available funds to a
Deposit Account of such Lender (as such Lender may designate), an amount such that each such Lender
shall, upon receipt of such amount, have as of the Settlement Date, its Pro Rata Share of the
Advances (including Swing Loans, Overadvances, and Protective Advances), and (z) if the amount of
the Advances (including Swing Loans, Overadvances, and Protective Advances) made by a Lender is
less than such Lender’s Pro Rata Share of the Advances (including Swing Loans, Overadvances, and
Protective Advances) as of a Settlement Date, such Lender shall no later than 12:00 p.m.
(California time) on the Settlement Date transfer in immediately available funds to Agent’s
Account, an amount such that each such Lender shall, upon transfer of such amount, have as of the
Settlement Date, its Pro Rata Share of the Advances (including Swing Loans, Overadvances and
Protective Advances). Such amounts made available to Agent under clause (z) of the immediately
preceding sentence shall be applied against the amounts of the applicable Swing Loans,
Overadvances, or Protective Advances and, together with the portion of such Swing Loans,
Overadvances or Protective Advances representing Swing Lender’s Pro Rata Share thereof, shall
constitute Advances of such Lenders. If any such amount is not made available to Agent by any
Lender on the Settlement Date applicable thereto to the extent required by the terms hereof, Agent
shall be entitled to recover for its account such amount on demand from such Lender together with
interest thereon at the Defaulting Lender Rate.

               (ii) In determining whether a Lender’s balance of the Advances, Swing Loans, Overadvances, and
Protective Advances is less than, equal to, or greater than such Lender’s Pro Rata Share of the
Advances, Swing Loans, Overadvances, and Protective Advances as of a Settlement Date, Agent shall,
as part of the relevant Settlement, apply to such balance the portion of payments actually received
in good funds by Agent with respect to principal, interest, fees payable by Borrower and allocable
to the Lenders hereunder, and proceeds of Collateral.

               (iii) Between Settlement Dates, Agent, to the extent Protective Advances, Overadvances, or
Swing Loans are outstanding, may pay over to Agent or Swing Lender, as applicable, any Collections
or payments received by Agent, that in accordance with the terms of this Agreement would be applied
to the reduction of the Advances, for application to the Protective Advances, Overadvances, or
Swing Loans. Between Settlement Dates, Agent, to the extent no Protective Advances, Overadvances,
or Swing Loans are outstanding, may pay over to Swing Lender any Collections or payments received
by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of
the Advances, for application to Swing Lender’s Pro Rata Share of the Advances. If, as of any
Settlement Date, Collections or payments of any Loan Party received since the then immediately
preceding Settlement Date have been applied to Swing Lender’s Pro Rata Share of the Advances other
than to Swing Loans, as provided for in the previous sentence, Swing Lender shall pay to Agent for
the accounts of the Lenders, and Agent shall pay to the Lenders (other than a Defaulting Lender if
Agent has implemented the provisions of Section 2.3(g)), to be applied to the outstanding
Advances of such Lenders, an amount such that each such Lender shall, upon receipt of such

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amount, have, as of such Settlement Date, its Pro Rata Share of the Advances. During the
period between Settlement Dates, Swing Lender with respect to Swing Loans, Agent with respect to
Protective Advances and Overadvances, and each Lender with respect to the Advances other than Swing
Loans, Overadvances, and Protective Advances, shall be entitled to interest at the applicable rate
or rates payable under this Agreement on the daily amount of funds employed by Swing Lender, Agent,
or the Lenders, as applicable.

               (iv) Anything in this Section 2.3(e) to the contrary notwithstanding, in the event
that a Lender is a Defaulting Lender, Agent shall be entitled to refrain from remitting settlement
amounts to the Defaulting Lender and, instead, shall be entitled to elect to implement the
provisions set forth in Section 2.3(g).

          (f) Notation. Agent, as a non-fiduciary agent for Borrower, shall maintain a register showing
the principal amount of the Advances, owing to each Lender, including the Swing Loans owing to
Swing Lender, and Protective Advances and Overadvances owing to Agent, and the interests therein of
each Lender, from time to time and such register shall, absent manifest error, conclusively be
presumed to be correct and accurate.

          (g) Defaulting Lenders. Agent shall not be obligated to transfer to a Defaulting Lender any
payments made by Borrower to Agent for the Defaulting Lender’s benefit or any Collections or
proceeds of Collateral that would otherwise be remitted hereunder to the Defaulting Lender, and, in
the absence of such transfer to the Defaulting Lender, Agent shall transfer any such payments (A)
first, to Swing Lender to the extent of any Swing Loans that were made by Swing Lender and that
were required to be, but were not, paid by the Defaulting Lender, (B) second, to the Issuing
Lender, to the extent of the portion of a Letter of Credit Disbursement that was required to be,
but was not, paid by the Defaulting Lender, (C) third, to each non-Defaulting Lender ratably in
accordance with their Commitments (but, in each case, only to the extent that such Defaulting
Lender’s portion of an Advance (or other funding obligation) was funded by such other
non-Defaulting Lender), (D) to a suspense account maintained by Agent, the proceeds of which shall
be retained by Agent and may be made available to be re-advanced to or for the benefit of Borrower
as if such Defaulting Lender had made its portion of Advances (or other funding obligations)
hereunder, and (E) from and after the earlier of (i) the date on which all other Obligations have
been paid in full or (ii) the date on which an Application Event has occurred, to such Defaulting
Lender in accordance with Section 2.4(b)(ii). Subject to the foregoing, Agent may hold
and, in its discretion, re-lend to Borrower for the account of such Defaulting Lender the amount of
all such payments received and retained by Agent for the account of such Defaulting Lender. Solely
for the purposes of voting or consenting to matters with respect to the Loan Documents (including
the calculation of Pro Rata Share in connection therewith) and for the purpose of calculating the
fee payable under Section 2.10(b), such Defaulting Lender shall be deemed not to be a
“Lender” and such Lender’s Commitment shall be deemed to be zero; provided,
however, that the foregoing shall not apply to any of the matters governed by Section
14.1(a)(i) through (iv). The provisions of this Section 2.3(g) shall remain
effective with respect to such Defaulting Lender until the earlier of (y) the date on which all of
the non-Defaulting Lenders, Agent, Issuing Lender, and Borrower shall have waived, in writing, the
application of this Section 2.3(g) to such Defaulting Lender, or (z) the date on which such
Defaulting Lender makes payment of all amounts that it was obligated to fund hereunder, pays to
Agent all amounts owing by Defaulting Lender in respect of the amounts that it was obligated to
fund hereunder, and, if requested by Agent, provides adequate assurance of its ability to perform
its future obligations hereunder. The operation of this Section 2.3(g) shall not be
construed to increase or otherwise affect the Commitment of any Lender, to relieve or excuse the
performance by such Defaulting Lender or any other Lender of its duties and obligations hereunder,
or to relieve or excuse the performance by Borrower of its duties and obligations hereunder to
Agent, Issuing Lender, or to the Lenders other than such Defaulting Lender. Any failure by a
Defaulting Lender to fund amounts that it was obligated to fund hereunder shall constitute a
material breach by such Defaulting Lender of this Agreement and shall entitle Agent at its option,
or Borrower at its option upon written notice to Agent, to arrange for a substitute Lender to
assume the Commitment of such Defaulting Lender, such substitute Lender to be reasonably acceptable
to (1) Agent, and (2) if Agent is arranging for the substitute Lender and no Default or Event of
Default has occurred and is continuing, Borrower (provided that the consent of Borrower shall not

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be unreasonably withheld, delayed or conditioned). In connection with the arrangement of such
a substitute Lender, the Defaulting Lender shall have no right to refuse to be replaced hereunder,
agrees to execute and deliver a completed form of Assignment and Acceptance in favor of the
substitute Lender (and agrees that it shall be deemed to have executed and delivered such document
if it fails to do so) subject only to being paid its share of the outstanding Obligations (other
than Bank Product Obligations, but including (1) all interest, fees, and other amounts that may be
due and payable in respect thereof, and (2) an assumption of its Pro Rata Share of its
participation in the Letters of Credit), and such Defaulting Lender agrees that, so long as (A)
such Defaulting Lender is paid its share of the outstanding Obligations (other than Bank Product
Obligations, but including (1) all interest, fees, and other amounts that may be due and payable in
respect thereof, and (2) an assumption of its Pro Rata Share of its participation in the Letters of
Credit) and (B) Borrower provides any cash collateral for any Bank Product provided after the
effective date of the Assignment and Assumption between such Defaulting Lender and the substitute
Lender (the “Lender Substitution Date”), Borrower shall not be in default under the
applicable Bank Product Agreement as a result of such Lender and its Affiliate not being a Bank
Product Provider under this Agreement with respect to any Bank Product provided after the Lender
Substitution Date; provided, however, that any such assumption of the Commitment of
such Defaulting Lender shall not be deemed to constitute a waiver of any of the Lender Groups’ or
Borrower’s rights or remedies against any such Defaulting Lender arising out of or in relation to
such failure to fund. In the event of a direct conflict between the priority provisions of this
Section 2.3(g) and any other provision contained in this Agreement or any other Loan
Document, it is the intention of the parties hereto that such provisions be read together and
construed, to the fullest extent possible, to be in concert with each other. In the event of any
actual, irreconcilable conflict that cannot be resolved as aforesaid, the terms and provisions of
this Section 2.3(g) shall control and govern.

          (h) Independent Obligations. All Advances (other than Swing Loans, Overadvances, and
Protective Advances) shall be made by the Lenders contemporaneously and in accordance with their
Pro Rata Shares. It is understood that (i) no Lender shall be responsible for any failure by any
other Lender to perform its obligation to make any Advance (or other extension of credit)
hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of any
failure by any other Lender to perform its obligations hereunder, and (ii) no failure by any Lender
to perform its obligations hereunder shall excuse any other Lender from its obligations hereunder.

     2.4 Payments; Reductions of Commitments; Prepayments.

          (a) Payments by Borrower.

               (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to
Agent’s Account for the account of the Lender Group and shall be made in immediately available
funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment
received by Agent later than 11:00 a.m. (California time) shall be deemed to have been received on
the following Business Day and any applicable interest or fee shall continue to accrue until such
following Business Day.

               (ii) Unless Agent receives notice from Borrower prior to the date on which any payment is due
to the Lenders that Borrower will not make such payment in full as and when required, Agent may
assume that Borrower has made (or will make) such payment in full to Agent on such date in
immediately available funds and Agent may (but shall not be so required), in reliance upon such
assumption, distribute to each Lender on such due date an amount equal to the amount then due such
Lender. If and to the extent Borrower does not make such payment in full to Agent on the date when
due, each Lender severally shall repay to Agent on demand such amount distributed to such Lender,
together with interest thereon at the Defaulting Lender Rate for each day from the date such amount
is distributed to such Lender until the date repaid.

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          (b) Apportionment and Application.

               (i) So long as no Application Event has occurred and is continuing and except
as otherwise provided herein with respect to Defaulting Lenders, all principal and interest
payments received by Agent shall be apportioned ratably among the Lenders (according to the unpaid
principal balance of the Obligations to which such payments relate held by each Lender) and all
payments of fees and expenses received by Agent (other than fees or expenses that are for Agent’s
separate account or for the separate account of the Issuing Lender) shall be apportioned ratably
among the Lenders having a Pro Rata Share of the type of Commitment or Obligation to which a
particular fee or expense relates. All payments to be made hereunder by Borrower shall be remitted
to Agent and, subject to Section 2.4(b)(iv) and Section 2.4(f), such payments, and
all proceeds of Collateral received by Agent, shall be applied, so long as no Application Event has
occurred and is continuing, to reduce the balance of the Advances outstanding and, thereafter, to
Borrower (to be wired to the Designated Account) or such other Person entitled thereto under
applicable law.

               (ii) At any time that an Application Event has occurred and is continuing and except as
otherwise provided herein in Section 2.3(g), all payments remitted to Agent and all
proceeds of Collateral received by Agent shall be applied as follows:

                    (A) first, to pay any Lender Group Expenses (including cost or expense reimbursements)
or indemnities then due to Agent under the Loan Documents, until paid in full,

                    (B) second, to pay any fees or premiums, if any, then due to Agent under the Loan
Documents until paid in full,

                    (C) third, to pay interest due in respect of all Protective Advances until paid in
full,

                    (D) fourth, to pay the principal of all Protective Advances until paid in full,

                    (E) fifth, ratably, to pay any Lender Group Expenses (including cost or expense
reimbursements) or indemnities then due to any of the Lenders under the Loan Documents, until paid
in full,

                    (F) sixth, ratably, to pay any fees or premiums, if any, then due to any of the
Lenders under the Loan Documents until paid in full,

                    (G) seventh, to pay interest accrued in respect of the Swing Loans until paid in full,

                    (H) eighth, to pay the principal of all Swing Loans until paid in full,

                    (I) ninth, ratably, to pay interest accrued in respect of the Advances (other than
Protective Advances) until paid in full,

                    (J) tenth, ratably (i) to pay the principal of all Advances until paid in full, (ii)
to Agent, to be held by Agent, for the benefit of Issuing Lender (and for the ratable benefit of
each of the Lenders that have an obligation to pay to Agent, for the account of the Issuing Lender,
a share of each Letter of Credit Disbursement), as cash collateral in an amount up to 105% of the
Letter of Credit Usage (to the extent permitted by applicable law, such cash collateral shall be
applied to the reimbursement of any Letter of Credit Disbursement as and when such disbursement
occurs and, if a Letter of Credit expires undrawn, the cash collateral held by Agent in respect of
such Letter of Credit shall, to the extent permitted by applicable law, be reapplied pursuant to
this Section 2.4(b)(ii), beginning with tier (A) hereof), and (iii) ratably to the Bank
Product Providers based upon the amount then certified by the applicable Bank Product Providers to

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Agent (in form and substance satisfactory to Agent) with the reasonable consent of Borrower (which
consent shall not be unreasonably withheld, delayed or conditioned) to be due and payable to such
Bank Product Providers on account of Bank Product Obligations of the Loan Parties owing to such
Bank Product Providers;
provided, that if there is a dispute as to such amount between Borrower and the
applicable Bank Product Provider, then the consent of Borrower shall not be required and the amount
paid to the Bank Product Providers pursuant to this Section 2.4(b)(ii)(J)(iii) shall be the
amount then certified by the applicable Bank Product Providers to Agent (in form and substance
satisfactory to Agent) to be due and payable to such Bank Product Providers on account of Bank
Product Obligations of the Loan Parties owing to such Bank Product Providers,

                    (K) eleventh, to pay any other Obligations (including being paid, ratably to the Bank
Product Providers on account of all amounts then due and payable, if any, in respect of other Bank
Product Obligations not included in clause (J)(iii) above, with any balance to be paid to Agent, to
be held by Agent, for the ratable benefit of the Bank Product Providers, as cash collateral (which
cash collateral may be released by Agent to the applicable Bank Product Provider and applied by
such Bank Product Provider to the payment or reimbursement of any amounts due and payable with
respect to Bank Product Obligations owed to the applicable Bank Product Provider as and when such
amounts first become due and payable and, if and at such time as all such Bank Product Obligations
are paid or otherwise satisfied in full, the cash collateral held by Agent in respect of such Bank
Product Obligations shall be reapplied pursuant to this Section 2.4(b)(ii), beginning with
tier (A) hereof), and

                    (L) twelfth, to Borrower (to be wired to the Designated Account) or such other Person
entitled thereto under applicable law.

               (iii) Agent promptly shall distribute to each Lender, pursuant to the applicable wire
instructions received from each Lender in writing, such funds as it may be entitled to receive,
subject to a Settlement delay as provided in Section 2.3(e).

               (iv) In each instance, so long as no Application Event has occurred and is continuing,
Section 2.4(b)(i) shall not apply to any payment made by Borrower to Agent and specified by
Borrower to be for the payment of specific Obligations then due and payable (or prepayable) under
any provision of this Agreement or any other Loan Document.

               (v) For purposes of Section 2.4(b)(ii), “paid in full” of a type of Obligation means
payment in cash or immediately available funds of all amounts owing on account of such type of
Obligation, including interest accrued after the commencement of any Insolvency Proceeding, default
interest, interest on interest, and expense reimbursements, irrespective of whether any of the
foregoing would be or is allowed or disallowed in whole or in part in any Insolvency Proceeding.

               (vi) In the event of a direct conflict between the priority provisions of this Section
2.4 and any other provision contained in this Agreement or any other Loan Document, it is the
intention of the parties hereto that such provisions be read together and construed, to the fullest
extent possible, to be in concert with each other. In the event of any actual, irreconcilable
conflict that cannot be resolved as aforesaid, if the conflict relates to the provisions of
 Section 2.3(g) and this Section 2.4, then the provisions of Section 2.3(g)
shall control and govern, and if otherwise, then the terms and provisions of this Section
2.4 shall control and govern.

          (c) Reduction of Commitments. The Commitments shall terminate on the Maturity Date. Borrower
may reduce the Commitments, without premium or penalty, to an amount (which may be zero) not less
than the sum of (i) the Revolver Usage as of such date, plus (ii) the principal amount of all
Advances not yet made as to which a request has been given by Borrower under Section
2.3(a), plus (iii) the amount of all Letters of Credit not yet issued as to which a request has
been given by Borrower pursuant to Section 2.11(a). Each such reduction shall be in an
amount which is not less than $5,000,000 (unless the Commitments are being reduced to zero and the
amount of the Commitments in effect immediately prior to

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such reduction are less than $5,000,000),
shall be made by providing not less than 10 Business Days prior written notice to Agent and shall
be irrevocable; provided that, with respect to reductions of the Commitments to zero, (i)
Borrower may rescind notices of reduction on no more than two occasions (in the aggregate
together with rescissions made pursuant to Section 3.5) during the term of the
Agreement by providing to Agent written notice of such rescission by 9:00 a.m. (California time) on
the date set forth in the applicable notice as the date of reduction of the Commitments, and (ii)
Borrower may extend the date of reduction of the Commitments at any time with the consent of Agent
(such consent not to be unreasonably withheld or delayed). Once reduced, the Commitments may not
be increased. Each such reduction of the Commitments shall reduce the Commitments of each Lender
proportionately in accordance with its ratable share thereof.

          (d) Optional Prepayments.

               (i) Advances. Borrower may repay the principal of any Advance at any time in whole or in
part, without premium or penalty.

               (ii) Intentionally Omitted.

          (e) Asset Disposition Mandatory Prepayments. Within 1 Business Day of the date of receipt by
Borrower or any of its Restricted Subsidiaries (other than Foreign Subsidiaries of Borrower;
provided that the Net Cash Proceeds received by such Foreign Subsidiaries are not permitted
under any applicable law to be transferred to the United States or the transfer of the Net Cash
Proceeds could reasonably be expected to result in adverse tax consequences to Borrower and its
Subsidiaries) of Net Cash Proceeds in excess of $10,000,000 in any fiscal year of any disposition
by Borrower or any of its Restricted Subsidiaries of assets (excluding dispositions which qualify
as Permitted Dispositions under clauses (a) — (k) and (m) of the definition of “Permitted
Dispositions”), Borrower shall prepay the outstanding principal amount of the Obligations in
accordance with Section 2.4(f) in an amount equal to 100% of such Net Cash Proceeds
(including condemnation awards and payments in lieu thereof) received by such Person in connection
with such dispositions; provided that, so long as (i) no Default or Event of Default shall
have occurred and is continuing or would result therefrom, (ii) the monies are held in a Deposit
Account in which Agent has a perfected first-priority security interest, and (iii) Borrower and its
Restricted Subsidiaries, as applicable, complete such replacement, purchase, or construction within
365 days after the initial receipt of such monies, then such Net Cash Proceeds shall not be
required to be applied on such date to the extent that they are applied to the costs of replacement
of the properties or assets that are the subject of such sale or disposition or the cost of
purchase or construction of other assets useful to the business of Borrower or its Restricted
Subsidiaries. Nothing contained in this Section 2.4(e) shall permit Borrower or any of its
Restricted Subsidiaries to sell or otherwise dispose of any assets other than in accordance with
Section 6.4 or to make Acquisitions other than in accordance with Section 6.3.

          (f) Application of Payments. Each prepayment pursuant to Section 2.4(e) shall, (i) so
long as no Application Event shall have occurred and be continuing, be applied, first, to the
outstanding principal amount of the Advances until paid in full (with a corresponding permanent
reduction in the Maximum Revolver Amount), and second, to cash collateralize the Letters of Credit
in an amount equal to 105% of the then extant Letter of Credit Usage (with a corresponding
permanent reduction in the Maximum Revolver Amount), and (ii) if an Application Event shall have
occurred and be continuing, be applied in the manner set forth in Section 2.4(b)(ii).

     2.5 Overadvances. If, at any time or for any reason, the amount of Obligations owed
by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater
than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable
(an “Overadvance”), Borrower shall immediately pay to Agent, in cash, the amount of such
excess, which amount shall be used by Agent to reduce the Obligations in accordance with the
priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations
(including principal, interest, fees, costs, and expenses) in full on the Maturity Date or, if
earlier, on the date on which the Obligations (other than the Bank Product Obligations) become due
and payable pursuant to the terms of this Agreement.

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     2.6 Interest Rates and Letter of Credit Fee: Rates, Payments, and Calculations.

          (a) Interest Rates. Except as provided in Section 2.6(c), all Obligations (except for
undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof
shall bear interest on the Daily Balance thereof as follows:

               (i) if the relevant Obligation is a LIBOR Rate Loan, at a per annum rate equal to the LIBOR
Rate plus the LIBOR Rate Margin, and

               (ii) otherwise, at a per annum rate equal to the Base Rate plus the Base Rate Margin.

          (b) Letter of Credit Fee. Borrower shall pay Agent (for the ratable benefit of the Lenders
with a Commitment), a Letter of Credit fee (in addition to the charges, commissions, fees, and
costs set forth in Section 2.11(e)) which shall accrue at a per annum rate equal to the
LIBOR Rate Margin times the Daily Balance of the undrawn amount of all outstanding Letters of
Credit.

          (c) Default Rate. Upon the occurrence and during the continuation of an Event of Default and
at the election of the Required Lenders,

               (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan
Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per
annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder,
and

               (ii) the Letter of Credit fee provided for in Section 2.6(b) shall be increased to 2
percentage points above the per annum rate otherwise applicable hereunder.

          (d) Payment. Except to the extent provided to the contrary in Section 2.10 or
Section 2.12(a), all interest, all Letter of Credit fees, all other fees payable hereunder
or under any of the other Loan Documents, all costs and expenses payable hereunder or under any of
the other Loan Documents, and all Lender Group Expenses shall be due and payable, in arrears, on
the first day of each month at any time that Obligations or Commitments are outstanding. Borrower
hereby authorizes Agent, from time to time (i) upon 3 Business Days prior notice to Borrower, to
charge all interest, Letter of Credit fees, all fees provided for in Section 2.10(a) or
2.10(b) and all other fees payable hereunder or under any of the other Loan Documents (in
each case, as and when due and payable), all charges, commissions, fees, and costs provided for in
Section 2.11(e) (as and when accrued or incurred), and all other payment obligations
(excluding the payment obligations described in clause (ii) below) as and when due and payable
under any Loan Document or any Bank Product Agreement (including any amounts due and payable to the
Bank Product Providers in respect of Bank Products) to the Loan Account, which amounts thereafter
shall constitute Advances hereunder and, initially, shall accrue interest at the rate then
applicable to Advances that are Base Rate Loans, and (ii) upon 10 Business Days prior notice to
Borrower, to charge all fees and costs provided for in Section 2.10(c) and any other Lender
Group Expenses (as and when accrued or incurred) (excluding Lender Group Expenses set forth in
clause (j) of the definition of “Lender Group Expenses”, which are covered in clause (i) above) to
the Loan Account, which amounts thereafter shall constitute Advances hereunder and, initially,
shall accrue interest at the rate then applicable to Advances that are Base Rate Loans. Any
interest, fees, costs, expenses, Lender Group Expenses, or other amounts payable hereunder or under
any other Loan Document or under any Bank Product Agreement that are charged to the Loan Account
shall thereupon constitute Advances hereunder and shall initially accrue interest at the rate then
applicable to Advances that are Base Rate Loans (unless and until converted into LIBOR Rate Loans
in accordance with the terms of this Agreement).

          (e) Computation. All interest and fees chargeable under the Loan Documents shall be computed
on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period
during which the interest or fees accrue; provided that the per annum interest rate with
respect to Base Rate Loans shall be calculated on the basis of a year of 365/366 days and the
actual number of days elapsed in the

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period during which the interest accrues. In the event the
Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the
Base Rate automatically and immediately shall be increased or
decreased by an amount equal to such change in the Base Rate.

          (f) Intent to Limit Charges to Maximum Lawful Rate. In no event shall the interest rate or
rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the
highest rate permissible under any law that a court of competent jurisdiction shall, in a final
determination, deem applicable. Borrower and the Lender Group, in executing and delivering this
Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated
within it; provided, however, that, anything contained herein to the contrary
notwithstanding, if such rate or rates of interest or manner of payment exceeds the maximum
allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and
shall be liable only for the payment of such maximum amount as is allowed by law, and payment
received from Borrower in excess of such legal maximum, whenever received, shall be applied to
reduce the principal balance of the Obligations to the extent of such excess.

     2.7 Crediting Payments. The receipt of any payment item by Agent shall not be
considered a payment on account unless such payment item is a wire transfer of immediately
available federal funds made to Agent’s Account or unless and until such payment item is honored
when presented for payment. Should any payment item not be honored when presented for payment,
then Borrower shall be deemed not to have made such payment and interest shall be calculated
accordingly. Anything to the contrary contained herein notwithstanding, any payment item shall be
deemed received by Agent only if it is received into Agent’s Account on a Business Day on or before
11:00 a.m. (California time). If any payment item is received into Agent’s Account on a
non-Business Day or after 11:00 a.m. (California time) on a Business Day, it shall be deemed to
have been received by Agent as of the opening of business on the immediately following Business
Day.

     2.8 Designated Account. Agent is authorized to make the Advances, and Issuing Lender
is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other
instructions received from anyone purporting to be an Authorized Person or, without instructions,
if pursuant to Section 2.6(d). Borrower agrees to establish and maintain the Designated
Account with the Designated Account Bank for the purpose of receiving the proceeds of the Advances
requested by Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent
and Borrower, any Advance or Swing Loan requested by Borrower and made by Agent or the Lenders
hereunder shall be made to the Designated Account.

     2.9 Maintenance of Loan Account; Statements of Obligations. Agent shall maintain an
account on its books in the name of Borrower (the “Loan Account”) on which Borrower will be
charged with all Advances (including Protective Advances and Swing Loans) made by Agent, Swing
Lender, or the Lenders to Borrower or for Borrower’s account, the Letters of Credit issued or
arranged by Issuing Lender for Borrower’s account, and with all other payment Obligations hereunder
or under the other Loan Documents, including, accrued interest, fees and expenses, and Lender Group
Expenses. In accordance with Section 2.7, the Loan Account will be credited with all
payments received by Agent from Borrower or for Borrower’s account. Agent shall render monthly
statements regarding the Loan Account to Borrower, including principal, interest, fees, and
including an itemization of all charges and expenses constituting Lender Group Expenses owing, and
such statements, absent manifest error, shall be conclusively presumed to be correct and accurate
and constitute an account stated between Borrower and the Lender Group unless, within 30 days after
receipt thereof by Borrower, Borrower shall deliver to Agent written objection thereto describing
the error or errors contained in any such statements.

     2.10 Fees. Borrower shall pay to Agent,

          (a) for the account of Agent, as and when due and payable under the terms of the Fee Letter,
the fees set forth in the Fee Letter;

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          (b) for the ratable account of those Lenders with Commitments, on the first day of each month
from and after the Closing Date up to the first day of the month prior to the Payoff Date and on
the Payoff Date, an unused line fee in an amount equal to the Unused Line Fee Percentage per annum
times the
result of (i) the aggregate amount of the Commitments, less (ii) the average Daily Balance of
the Revolver Usage during the immediately preceding month (or portion thereof); and

          (c) the fees and charges required to be paid by Borrower pursuant to Section 5.7.

     2.11 Letters of Credit.

          (a) Subject to the terms and conditions of this Agreement, upon the request of Borrower made
in accordance herewith, the Issuing Lender agrees to issue, or to cause an Underlying Issuer
(including, as Issuing Lender’s agent) to issue, a requested Letter of Credit. If Issuing Lender,
at its option, elects to cause an Underlying Issuer to issue a requested Letter of Credit, then
Issuing Lender agrees that it will enter into arrangements relative to the reimbursement of such
Underlying Issuer (which may include, among, other means, by becoming an applicant with respect to
such Letter of Credit or entering into undertakings which provide for reimbursements of such
Underlying Issuer with respect to such Letter of Credit; each such obligation or undertaking,
irrespective of whether in writing, a “Reimbursement Undertaking”) with respect to Letters
of Credit issued by such Underlying Issuer. By submitting a request to Issuing Lender for the
issuance of a Letter of Credit, Borrower shall be deemed to have requested that Issuing Lender
issue or that an Underlying Issuer issue the requested Letter of Credit and to have requested
Issuing Lender to issue a Reimbursement Undertaking with respect to such requested Letter of Credit
if it is to be issued by an Underlying Issuer (it being expressly acknowledged and agreed by
Borrower that Borrower is and shall be deemed to be the applicant (within the meaning of Section
5-102(a)(2) of the Code) with respect to each Underlying Letter of Credit). Each request for the
issuance of a Letter of Credit, or the amendment, renewal, or extension of any outstanding Letter
of Credit, shall be made in writing by an Authorized Person and delivered to the Issuing Lender via
hand delivery, telefacsimile, or other electronic method of transmission reasonably in advance of
the requested date of issuance, amendment, renewal, or extension. Each such request shall be in
form and substance reasonably satisfactory to the Issuing Lender and shall specify (i) the amount
of such Letter of Credit, (ii) the date of issuance, amendment, renewal, or extension of such
Letter of Credit, (iii) the proposed expiration date of such Letter of Credit, (iv) the name and
address of the beneficiary of the Letter of Credit, and (v) such other information (including, the
conditions to drawing, and, in the case of an amendment, renewal, or extension, identification of
the Letter of Credit to be so amended, renewed, or extended) as shall be necessary to prepare,
amend, renew, or extend such Letter of Credit. Anything contained herein to the contrary
notwithstanding, the Issuing Lender may, but shall not be obligated to, issue or cause the issuance
of a Letter of Credit or to issue a Reimbursement Undertaking in respect of an Underlying Letter of
Credit, in either case, that supports the obligations of Borrower or its Restricted Subsidiaries
(1) in respect of (A) a lease of real property, or (B) an employment contract, or (2) at any time
that one or more of the Lenders is a Defaulting Lender. The Issuing Lender shall have no
obligation to issue a Letter of Credit or a Reimbursement Undertaking in respect of an Underlying
Letter of Credit, in either case, if either of the following would result after giving effect to
the requested issuance:

               (i) the Letter of Credit Usage would exceed $50,000,000, or

               (ii) the Letter of Credit Usage would exceed the Maximum Revolver Amount less the outstanding
amount of Advances (including Swing Loans).

          Each Letter of Credit shall be in form and substance reasonably acceptable to the Issuing
Lender, including the requirement that the amounts payable thereunder must be payable in Dollars.
If Issuing Lender makes a payment under a Letter of Credit or an Underlying Issuer makes a payment
under an Underlying Letter of Credit, Borrower shall pay to Agent an amount equal to the applicable
Letter of Credit Disbursement on the date such Letter of Credit Disbursement is made and, in the
absence of such payment, the amount of the Letter of Credit Disbursement immediately and
automatically shall be deemed to be an Advance hereunder and, initially, shall bear interest at the
rate then applicable to Advances that are Base Rate Loans. If

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a Letter of Credit Disbursement is
deemed to be an Advance hereunder (notwithstanding any failure to satisfy any condition precedent
set forth in Section 3), Borrower’s obligation to pay the amount of such Letter of Credit
Disbursement to Issuing Lender shall be automatically converted into an obligation to pay the
resulting
Advance. Promptly following receipt by Agent of any payment from Borrower pursuant to this
paragraph, Agent shall distribute such payment to the Issuing Lender or, to the extent that Lenders
have made payments pursuant to Section 2.11(b) to reimburse the Issuing Lender, then to
such Lenders and the Issuing Lender as their interests may appear.

          (b) Promptly following receipt of a notice of a Letter of Credit Disbursement pursuant to
Section 2.11(a), each Lender with a Commitment agrees to fund its Pro Rata Share of any
Advance deemed made pursuant to Section 2.11(a) on the same terms and conditions as if
Borrower had requested the amount thereof as an Advance and Agent shall promptly pay to Issuing
Lender the amounts so received by it from the Lenders. By the issuance of a Letter of Credit or a
Reimbursement Undertaking (or an amendment, renewal or extension of a Letter of Credit or a
Reimbursement Undertaking) and without any further action on the part of the Issuing Lender or the
Lenders with Commitments, the Issuing Lender shall be deemed to have granted to each Lender with a
Commitment, and each Lender with a Commitment shall be deemed to have purchased, a participation in
each Letter of Credit issued by Issuing Lender and each Reimbursement Undertaking, in an amount
equal to its Pro Rata Share of such Letter of Credit or Reimbursement Undertaking, and each such
Lender agrees to pay to Agent, for the account of the Issuing Lender, such Lender’s Pro Rata Share
of any Letter of Credit Disbursement made by Issuing Lender or an Underlying Issuer under the
applicable Letter of Credit. In consideration and in furtherance of the foregoing, each Lender
with a Commitment hereby absolutely and unconditionally agrees to pay to Agent, for the account of
the Issuing Lender, such Lender’s Pro Rata Share of each Letter of Credit Disbursement made by
Issuing Lender or an Underlying Issuer and not reimbursed by Borrower on the date due as provided
in Section 2.11(a), or of any reimbursement payment required to be refunded (or that Agent
or Issuing Lender elects, based upon the advice of counsel, to refund) to Borrower for any reason.
Each Lender with a Commitment acknowledges and agrees that its obligation to deliver to Agent, for
the account of the Issuing Lender, an amount equal to its respective Pro Rata Share of each Letter
of Credit Disbursement pursuant to this Section 2.11(b) shall be absolute and unconditional
and such remittance shall be made notwithstanding the occurrence or continuation of an Event of
Default or Default or the failure to satisfy any condition set forth in Section 3. If any
such Lender fails to make available to Agent the amount of such Lender’s Pro Rata Share of a Letter
of Credit Disbursement as provided in this Section 2.11(b), such Lender shall be deemed to
be a Defaulting Lender and Agent (for the account of the Issuing Lender) shall be entitled to
recover such amount on demand from such Lender together with interest thereon at the Defaulting
Lender Rate until paid in full.

          (c) Borrower hereby agrees to indemnify, save, defend, and hold the Lender Group and each
Underlying Issuer harmless from any damage, loss, cost, expense, or liability (other than Taxes,
which shall be governed by Section 16), and reasonable attorneys fees incurred by Issuing
Lender, any other member of the Lender Group, or any Underlying Issuer arising out of or in
connection with any Reimbursement Undertaking or any Letter of Credit; provided,
however, that Borrower shall not be obligated hereunder to indemnify for any loss, cost,
expense, or liability that a court of competent jurisdiction finally determines to have resulted
from the gross negligence or willful misconduct of the Issuing Lender, any other member of the
Lender Group, or any Underlying Issuer. Borrower agrees to be bound by the Underlying Issuer’s
regulations and interpretations of any Letter of Credit or by Issuing Lender’s interpretations of
any Reimbursement Undertaking even though this interpretation may be different from Borrower’s own,
and Borrower understands and agrees that none of the Issuing Lender, any other member of the Lender
Group, or any Underlying Issuer shall be liable for any error, negligence, or mistake, whether of
omission or commission, in following Borrower’s instructions or those contained in the Letter of
Credit or any modifications, amendments, or supplements thereto. Borrower understands that the
Reimbursement Undertakings may require Issuing Lender to indemnify the Underlying Issuer for
certain costs or liabilities arising out of claims by Borrower against such Underlying Issuer.
Borrower hereby agrees to indemnify, save, defend, and hold Issuing Lender and the other members of
the Lender Group harmless with respect to any loss, cost, expense (including reasonable attorneys
fees), or liability (other than Taxes, which shall be governed by Section 16) incurred by
them as a

- 14 -

 

result of the Issuing Lender’s indemnification of an Underlying Issuer; provided,
however, that Borrower shall not be obligated hereunder to indemnify for any such loss,
cost, expense, or liability to the extent that it is caused by the gross negligence or willful
misconduct of the Issuing Lender or any other member of the Lender
Group. Borrower hereby acknowledges and agrees that none of the Issuing Lender, any other
member of the Lender Group, or any Underlying Issuer shall be responsible for delays, errors, or
omissions resulting from the malfunction of equipment in connection with any Letter of Credit.

          (d) The obligation of Borrower to reimburse the Issuing Bank for each drawing under each
Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in
accordance with the terms of this Agreement under all circumstances, including the following:

               (i) any lack of validity or enforceability of such Letter of Credit, this Agreement, or an
other Loan Document,

               (ii) the existence of any claim, counterclaim, setoff, defense or other right that Borrower or
any of its Subsidiaries may have at any time against any beneficiary or any transferee of such
Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be
acting), the Issuing Bank or any other Person, whether in connection with this Agreement, the
transactions contemplated hereby or by such Letter of Credit or any agreement or instrument
relating thereto, or any unrelated transaction,

               (iii) any draft, demand, certificate or other document presented under such 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, or any loss or delay in the transmission or otherwise of
any document required in order to make a drawing under such Letter of Credit,

               (iv) any payment by the Issuing Bank under such Letter of Credit against presentation of a
draft or certificate that does not substantially or strictly comply with the terms of such Letter
of Credit (including, without limitation, any requirement that presentation be made at a particular
place or by a particular time of day), or any payment made by the Issuing Bank under such Letter of
Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for
the benefit of creditors, liquidator, receiver or other representative of or successor to any
beneficiary or any transferee of such Letter of Credit,

               (v) any other circumstance or happening whatsoever, whether or not similar to any of the
foregoing, including any other circumstance that might otherwise constitute a defense available to,
or a discharge of, Borrower or any of its Subsidiaries, or

               (vi) the fact that any Event of Default shall have occurred and be continuing.

          (e) Borrower hereby authorizes and directs any Underlying Issuer to deliver to the Issuing
Lender all instruments, documents, and other writings and property received by such Underlying
Issuer pursuant to such Underlying Letter of Credit and to accept and rely upon the Issuing
Lender’s instructions with respect to all matters arising in connection with such Underlying Letter
of Credit and the related application.

          (f) Borrower acknowledges and agrees that any and all issuance charges, usage charges,
commissions, fees, and costs incurred by the Issuing Lender relating to Underlying Letters of
Credit shall be Lender Group Expenses for purposes of this Agreement and shall be reimbursable
immediately by Borrower to Agent for the account of the Issuing Lender; it being acknowledged and
agreed by Borrower that, as of the Closing Date, the usage charge imposed by Underlying Issuer is
 .825% per annum times the undrawn amount of each Underlying Letter of Credit, that such usage
charge may be changed from time to time, and that the Underlying Issuer also imposes a schedule of
charges for amendments, extensions, drawings, and renewals.

          (g) If by reason of (i) any change after the Closing Date in any applicable law, treaty, rule,
or regulation or any change in the interpretation or application thereof by any Governmental
Authority, or

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(ii) compliance by the Issuing Lender, any other member of the Lender Group, or
Underlying Issuer with any direction, request, or requirement (irrespective of whether having the
force of law) of any Governmental Authority or monetary authority including, Regulation D of the
Federal Reserve Board as from time to time in
effect (and any successor thereto):

               (i) any reserve, deposit, or similar requirement is or shall be imposed or modified in respect
of any Letter of Credit issued or caused to be issued hereunder or hereby, or

               (ii) there shall be imposed on the Issuing Lender, any other member of the Lender Group, or
Underlying Issuer any other condition regarding any Letter of Credit or Reimbursement Undertaking,

and the result of the foregoing is to increase, directly or indirectly, the cost to the Issuing
Lender, any other member of the Lender Group, or an Underlying Issuer of issuing, making,
participating in, or maintaining any Reimbursement Undertaking or Letter of Credit or to reduce the
amount receivable in respect thereof, then, and in any such case, Agent may, at any time within a
reasonable period after the additional cost is incurred or the amount received is reduced, notify
Borrower, and Borrower shall pay within 30 days after demand therefor, such amounts as Agent may
specify to be necessary to compensate the Issuing Lender, any other member of the Lender Group, or
an Underlying Issuer for such additional cost or reduced receipt, together with interest on such
amount from the date of such demand until payment in full thereof at the rate then applicable to
Base Rate Loans hereunder; provided, however, that Borrower shall not be required
to provide any compensation pursuant to this Section 2.11(g) for any such amounts incurred
more than 180 days prior to the date on which the demand for payment of such amounts is first made
to Borrower; provided further, however, that if an event or circumstance
giving rise to such amounts is retroactive, then the 180-day period referred to above shall be
extended to include the period of retroactive effect thereof. The determination by Agent of any
amount due pursuant to this Section 2.11(g), as set forth in a certificate setting forth
the calculation thereof in reasonable detail, shall, in the absence of manifest or demonstrable
error, be final and conclusive and binding on all of the parties hereto.

     2.12 LIBOR Option.

          (a) Interest and Interest Payment Dates. In lieu of having interest charged at the rate based
upon the Base Rate, Borrower shall have the option, subject to Section 2.12(b) below (the
“LIBOR Option”) to have interest on all or a portion of the Advances be charged (whether at
the time when made (unless otherwise provided herein), upon conversion from a Base Rate Loan to a
LIBOR Rate Loan, or upon continuation of a LIBOR Rate Loan as a LIBOR Rate Loan) at a rate of
interest based upon the LIBOR Rate. Interest on LIBOR Rate Loans shall be payable on the earliest
of (i) the last day of the Interest Period applicable thereto; (ii) the date on which all or any
portion of the Obligations are accelerated pursuant to the terms hereof, or (iii) the date on which
this Agreement is terminated pursuant to the terms hereof. On the last day of each applicable
Interest Period, unless Borrower properly has exercised the LIBOR Option with respect thereto, the
interest rate applicable to such LIBOR Rate Loan automatically shall convert to the rate of
interest then applicable to Base Rate Loans of the same type hereunder. At any time that an Event
of Default has occurred and is continuing, at the written election of the Required Lenders,
Borrower no longer shall have the option to request that Advances bear interest at a rate based
upon the LIBOR Rate.

          (b) LIBOR Election.

               (i) Borrower may, at any time and from time to time, so long as Borrower has not received a
notice from Agent, after the occurrence and during the continuance of an Event of Default, of the
election of the Required Lenders to terminate the right of Borrower to exercise the LIBOR Option
during the continuance of such Event of Default, elect to exercise the LIBOR Option by notifying
Agent prior to 11:00 a.m. (California time) at least 3 Business Days prior to the commencement of
the proposed Interest Period (the “LIBOR Deadline”). Notice of Borrower’s election of the
LIBOR Option for a permitted portion of the Advances and an Interest Period pursuant to this
Section 2.12(b) shall be made by delivery to Agent of a

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LIBOR Notice received by Agent
before the LIBOR Deadline, or by telephonic notice received by Agent before the LIBOR Deadline (to
be confirmed by delivery to Agent of a LIBOR Notice received by Agent prior to 5:00 p.m.
(California time) on the same day). Promptly upon its receipt of each such LIBOR Notice, Agent
shall provide a copy thereof to each of the affected Lenders.

               (ii) Each LIBOR Notice shall be irrevocable and binding on Borrower. In connection with each
LIBOR Rate Loan, Borrower shall indemnify, defend, and hold Agent and the Lenders harmless against
any loss, cost, or expense actually incurred by Agent or any Lender as a result of (A) the payment
of any principal of any LIBOR Rate Loan other than on the last day of an Interest Period applicable
thereto (including as a result of an Event of Default), (B) the conversion of any LIBOR Rate Loan
other than on the last day of the Interest Period applicable thereto, or (C) the failure to borrow,
convert, continue or prepay any LIBOR Rate Loan on the date specified in any LIBOR Notice delivered
pursuant hereto (such losses, costs, or expenses, “Funding Losses”). A certificate of
Agent or a Lender delivered to Borrower setting forth in reasonable detail any amount or amounts
that Agent or such Lender is entitled to receive pursuant to this Section 2.12 shall be
conclusive absent manifest error. Borrower shall pay such amount to Agent or the Lender, as
applicable, within 30 days of the date of its receipt of such certificate.

               (iii) Borrower shall have not more than 5 LIBOR Rate Loans in effect at any given time.
Borrower only may exercise the LIBOR Option for proposed LIBOR Rate Loans of at least
$1,000,000.

          (c) Conversion. Borrower may convert LIBOR Rate Loans to Base Rate Loans at any time;
provided, however, that in the event that LIBOR Rate Loans are converted or prepaid
on any date that is not the last day of the Interest Period applicable thereto, including as a
result of any automatic prepayment through the required application by Agent of proceeds of
Borrower’s and its Restricted Subsidiaries’ Collections in accordance with Section 2.4(b)
or for any other reason, including early termination of the term of this Agreement or acceleration
of all or any portion of the Obligations pursuant to the terms hereof, Borrower shall indemnify,
defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding
Losses in accordance with Section 2.12 (b)(ii).

          (d) Special Provisions Applicable to LIBOR Rate.

               (i) The LIBOR Rate may be adjusted by Agent with respect to any Lender on a prospective basis
to take into account any additional or increased costs to such Lender of maintaining or obtaining
any eurodollar deposits or increased costs, in each case, due to changes in applicable law (other
than changes in laws relative to Taxes, which shall be governed by Section 16) occurring
subsequent to the commencement of the then applicable Interest Period, including changes in tax
laws (except changes of general applicability in corporate income tax laws) and changes in the
reserve requirements imposed by the Board of Governors of the Federal Reserve System (or any
successor), which additional or increased costs would increase the cost of funding or maintaining
loans bearing interest at the LIBOR Rate. In any such event, the affected Lender shall give
Borrower and Agent notice of such a determination and adjustment and Agent promptly shall transmit
the notice to each other Lender and, upon its receipt of the notice from the affected Lender,
Borrower may, by notice to such affected Lender (y) require such Lender to furnish to Borrower a
statement setting forth the basis for adjusting such LIBOR Rate and the method for determining the
amount of such adjustment, or (z) repay the LIBOR Rate Loans with respect to which such adjustment
is made (together with any amounts due under Section 2.12(b)(ii)).

               (ii) In the event that any change in market conditions or any law, regulation, treaty, or
directive, or any change therein or in the interpretation or application thereof, shall at any time
after the date hereof, in the reasonable opinion of any Lender, make it unlawful or impractical for
such Lender to fund or maintain LIBOR Rate Loans or to continue such funding or maintaining, or to
determine or charge interest rates at the LIBOR Rate, such Lender shall give notice of such changed
circumstances to Agent and Borrower and Agent promptly shall transmit the notice to each other
Lender and (y) in the case of any LIBOR Rate Loans of such Lender that are outstanding, the date
specified in such Lender’s notice shall be deemed to

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be the last day of the Interest Period of such
LIBOR Rate Loans, and interest upon the LIBOR Rate Loans of such Lender thereafter shall accrue
interest at the rate then applicable to Base Rate Loans, and (z) Borrower shall not be entitled to
elect the LIBOR Option until such Lender determines that it would no longer be
unlawful or impractical to do so. Notwithstanding anything to the contrary herein, it is
understood and agreed that the Dodd—Frank Wall Street Reform and Consumer Protection Act (Pub.L.
111-203, H.R. 4173), all requests, rules, guidelines and directives relating thereto, all
interpretations and applications thereof and any compliance by a Lender with any request or
directive relating thereto, shall, for the purposes of this Agreement, be deemed to be adopted
subsequent to the date hereof.

          (e) No Requirement of Matched Funding. Anything to the contrary contained herein
notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually
to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest
accrues at the LIBOR Rate.

     2.13 Capital Requirements.

          (a) If, after the date hereof, any Lender determines that (i) the adoption of or change in any
law, rule, regulation or guideline regarding capital or reserve requirements for banks or bank
holding companies, or any change in the interpretation, implementation, or application thereof by
any Governmental Authority charged with the administration thereof, or (ii) compliance by such
Lender or its parent bank holding company with any guideline, request or directive of any such
entity regarding capital adequacy (whether or not having the force of law), has the effect of
reducing the return on such Lender’s or such holding company’s capital as a consequence of such
Lender’s Commitments hereunder to a level below that which such Lender or such holding company
could have achieved but for such adoption, change, or compliance (taking into consideration such
Lender’s or such holding company’s then existing policies with respect to capital adequacy and
assuming the full utilization of such entity’s capital) by any amount deemed by such Lender to be
material, then such Lender may notify Borrower and Agent thereof. Following receipt of such
notice, Borrower agrees to pay such Lender on demand the amount of such reduction of return of
capital as and when such reduction is determined, payable within 30 days after presentation by such
Lender of a statement in the amount and setting forth in reasonable detail such Lender’s
calculation thereof and the assumptions upon which such calculation was based (which statement
shall be deemed true and correct absent manifest error). In determining such amount, such Lender
may use any reasonable averaging and attribution methods. Failure or delay on the part of any
Lender to demand compensation pursuant to this Section 2.13(a) shall not constitute a
waiver of such Lender’s right to demand such compensation; provided that Borrower shall not
be required to compensate a Lender pursuant to this Section 2.13 for any reductions in
return incurred more than 180 days prior to the date that such Lender notifies Borrower of such
law, rule, regulation or guideline giving rise to such reductions and of such Lender’s intention to
claim compensation therefor; provided further that if such claim arises by reason
of the adoption of or change in any law, rule, regulation or guideline that is retroactive, then
the 180-day period referred to above shall be extended to include the period of retroactive effect
thereof. Notwithstanding anything to the contrary herein, it is understood and agreed that the
Dodd—Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203, H.R. 4173), all
requests, rules, guidelines and directives relating thereto, all interpretations and applications
thereof and any compliance by a Lender with any request or directive relating thereto, shall, for
the purposes of this Agreement, be deemed to be adopted subsequent to the date hereof.

          (b) If any Lender requests additional or increased costs referred to in Section
2.12(d)(i) or amounts under Section 2.13(a) or sends a notice under Section
2.12(d)(ii) relative to changed circumstances (any such Lender, an “Affected Lender”),
then such Affected Lender shall use reasonable efforts to promptly designate a different one of its
lending offices or to assign its rights and obligations hereunder to another of its offices or
branches, if (i) in the reasonable judgment of such Affected Lender, such designation or assignment
would eliminate or reduce amounts payable pursuant to Section 2.12(d)(i) or Section
2.13(a), as applicable, or would eliminate the illegality or impracticality of funding or
maintaining LIBOR Rate Loans and (ii) in the reasonable judgment of such Affected Lender, such
designation or assignment would not subject it to any

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material unreimbursed cost or expense and
would not otherwise be materially disadvantageous to it. Borrower agrees to pay all reasonable
out-of-pocket costs and expenses incurred by such Affected Lender in connection with any such
designation or assignment. If, after such reasonable efforts, such Affected Lender does not so
designate a different one of its lending offices or assign its rights to another of its
offices or branches so as to eliminate Borrower’s obligation to pay any future amounts to such
Affected Lender pursuant to Section 2.12(d)(i) or Section 2.13(a), as applicable,
or to enable Borrower to obtain LIBOR Rate Loans, then Borrower (without prejudice to any amounts
then due to such Affected Lender under Section 2.12(d)(i) or Section 2.13(a), as
applicable) may, unless prior to the effective date of any such assignment the Affected Lender
withdraws its request for such additional amounts under Section 2.12(d)(i) or Section
2.13(a), as applicable, or indicates that it is no longer unlawful or impractical to fund or
maintain LIBOR Rate Loans, may seek a substitute Lender reasonably acceptable to Agent to purchase
the Obligations owed to such Affected Lender and such Affected Lender’s Commitments hereunder (a
“Replacement Lender”), and if such Replacement Lender agrees to such purchase, such
Affected Lender shall assign to the Replacement Lender its Obligations and Commitments, pursuant to
an Assignment and Acceptance Agreement, and upon such purchase by the Replacement Lender, such
Replacement Lender shall be deemed to be a “Lender” for purposes of this Agreement and such
Affected Lender shall cease to be a “Lender” for purposes of this Agreement.

     2.14 Accordion.

          (a) At any time during the period from and after the Closing Date through the date that is the
4 year anniversary of the Closing Date, at the option of Borrower (but subject to the conditions
set forth in clause (b) below), the Commitments and the Maximum Revolver Amount may be increased by
an amount in the aggregate for all such increases of the Commitments and the Maximum Revolver
Amount not to exceed the Available Increase Amount (each such increase, an “Increase”).
Agent shall invite each Lender to increase its Commitments (it being understood that no Lender
shall be obligated to increase its Commitments and may refuse to increase its Commitments for any
reason or no reason at all) in connection with a proposed Increase, and if sufficient Lenders do
not agree to increase their Commitments in connection with such proposed Increase, then Agent or
Borrower may invite any prospective lender who is reasonably satisfactory to Agent and Borrower to
become a Lender in connection with a proposed Increase. Any Increase shall be in an amount of at
least $10,000,000 and integral multiples of $5,000,000 in excess thereof. In no event may the
Commitments and the Maximum Revolver Amount be increased pursuant to this Section 2.14 on
more than 4 occasions.

          (b) Each of the following shall be conditions precedent to any Increase of the Commitments and
the Maximum Revolver Amount:

               (i) Agent or Borrower has obtained the commitment of one or more Lenders (or other prospective
lenders) reasonably satisfactory to Agent and Borrower to provide the applicable Increase and any
prospective lenders, Borrower and Agent have signed a joinder agreement to this Agreement (an
“Increase Joinder”), in form and substance reasonably satisfactory to Agent, to which such
prospective lenders, Borrower, and Agent are party,

               (ii) each of the conditions precedent set forth in Section 3.2 are satisfied,

               (iii) Borrower has provided Agent with written confirmation, supported by reasonably detailed
calculations (all in form satisfactory to Agent), evidencing compliance on a pro forma basis (after
giving effect to the applicable Increase) with Sections 5.16 and 7 for the fiscal
quarter most recently ended for which financial statements were required to be delivered pursuant
to Section 5.1, and

Borrower shall have reached agreement with the Lenders (or prospective lenders) agreeing to the
increased Commitments with respect to the interest margins applicable to Advances made pursuant to
the increased Commitments (which interest margins may be with respect to Advances made pursuant to
the increased Commitments, higher than or equal to, but not less than, the interest margins
applicable to Advances set forth in this Agreement immediately prior to the date of the increased
Commitments (the date of the increased

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Commitments and the Maximum Revolver Amount, the
“Increase Date”)), and shall have communicated the amount of such interest margins to
Agent. Any Increase Joinder may, with the consent of Agent, Borrower and the Lenders or
prospective lenders agreeing to the increased Commitments, effect such amendments to this
Agreement and the other Loan Documents as may be necessary or appropriate to effectuate the
provisions of this Section 2.14 (including any amendment necessary to effectuate the
interest margins for the Advances to be made pursuant to the increased Commitments). Anything to
the contrary contained herein notwithstanding, if the interest margins that are to be applicable to
Advances made pursuant to the increased Commitments are higher than the interest margins set forth
in this Agreement for Advances immediately prior to the applicable Increase Date (the amount by
which the interest margins are higher, the “Excess”), then the interest margins applicable
to Advances immediately prior to the Increase Date shall be increased by the amount of the Excess,
effective on the applicable Increase Date, and without the necessity of any action by any party
hereto.

          (c) Unless otherwise specifically provided herein, all references in this Agreement and any
other Loan Document to Advances shall be deemed, unless the context otherwise requires, to include
Advances made pursuant to the increased Commitments and Maximum Revolver Amount pursuant to this
Section 2.14.

          (d) Each of the Lenders having a Commitment prior to the Increase Date (the “Pre-Increase
Revolver Lenders”) shall assign to any Lender which is acquiring a new or additional Commitment
on the Increase Date (the “Post-Increase Revolver Lenders”), and such Post-Increase
Revolver Lenders shall purchase from each Pre-Increase Revolver Lender, at the principal amount
thereof, such interests in the Advances and participation interests in Letters of Credit on such
Increase Date as shall be necessary in order that, after giving effect to all such assignments and
purchases, such Advances and participation interests in Letters of Credit will be held by
Pre-Increase Revolver Lenders and Post-Increase Revolver Lenders ratably in accordance with their
Pro Rata Shares after giving effect to such increased Commitments.

          (e) The Advances, Commitments, and Maximum Revolver Amount established pursuant to this
Section 2.14 shall constitute Advances, Commitments, and Maximum Revolver Amount under, and
shall be entitled to all the benefits afforded by, this Agreement and the other Loan Documents, and
shall, without limiting the foregoing, benefit equally and ratably from the guarantees and security
interests created by the Loan Documents. Borrower shall take any actions reasonably required by
Agent to ensure and demonstrate that the Lien and security interests granted by the Loan Documents
continue to be perfected under the Code or otherwise after giving effect to the establishment of
any such new Commitments and Maximum Revolver Amount.

3. CONDITIONS; TERM OF AGREEMENT; UNRESTRICTED SUBSIDIARIES.

     3.1 Conditions Precedent to the Initial Extension of Credit. The obligation of each
Lender to make its initial extension of credit provided for hereunder is subject to the
fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set
forth on Schedule 3.1. Agent, each Lender, and Borrower each acknowledges and agrees that
the requirements set forth on Schedule 3.1 have been satisfied.

     3.2 Conditions Precedent to Extensions of Credit Subsequent to the Closing Date. The
obligation of the Lender Group (or any member thereof) to make any Advances hereunder (or to extend
any other credit hereunder) subsequent to the Closing Date shall be subject to the following
conditions precedent:

          (a) the representations and warranties of Borrower and its Subsidiaries contained in this
Agreement or in the other Loan Documents shall be true, correct and complete in all material
respects (except that such materiality qualifier shall not be applicable to any representations and
warranties that already are qualified or modified by materiality in the text thereof) on and as of
the date of such extension of credit, as though made on and as of such date (except to the extent
that such representations and warranties relate solely to an earlier date, in which case such
representations and warranties shall be true, correct and complete in all

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material respects (except
that such materiality qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality in the text thereof) as of such earlier date); and

          (b) no Default or Event of Default shall have occurred and be continuing on the date of
such extension of credit, nor shall either result from the making thereof.

     3.3 Maturity. This Agreement shall continue in full force and effect for a term
ending on the Maturity Date. The foregoing notwithstanding, the Lender Group, upon the election of
the Required Lenders, shall have the right to terminate its obligations under this Agreement
immediately and without notice upon the occurrence and during the continuation of an Event of
Default.

     3.4 Effect of Maturity. On the Maturity Date, all commitments of the Lender Group to
provide additional credit hereunder shall automatically be terminated and all of the Obligations
immediately shall become due and payable without notice or demand and Borrower shall be required to
repay all of the Obligations in full. No termination of the obligations of the Lender Group (other
than payment in full of the Obligations and termination of the Commitments) shall relieve or
discharge any Loan Party of its duties, obligations, or covenants hereunder or under any other Loan
Document and Agent’s Liens in the Collateral shall continue to secure the Obligations and shall
remain in effect until all Obligations have been paid in full and the Commitments have been
terminated. When all of the Obligations have been paid in full and the Lender Group’s obligations
to provide additional credit under the Loan Documents have been terminated irrevocably, Agent will,
at Borrower’s sole expense, execute and deliver any termination statements, lien releases,
discharges of security interests, and other similar discharge or release documents (and, if
applicable, in recordable form) as are reasonably necessary to release, as of record, Agent’s Liens
and all notices of security interests and liens previously filed by Agent.

     3.5 Early Termination by Borrower. Borrower has the option, at any time upon 10
Business Days prior written notice to Agent, to terminate this Agreement and terminate the
Commitments hereunder by repaying to Agent all of the Obligations in full. If Borrower has sent a
notice of termination pursuant to the provisions of this Section, then the Commitments shall
terminate and Borrower shall be obligated to repay the Obligations in full on the date set forth as
the date of termination of this Agreement in such notice. The foregoing notwithstanding, (a)
Borrower may rescind termination notices on two occasions (in the aggregate together with
rescissions made pursuant to Section 2.4(c)) during the term of this Agreement by providing
to Agent written notice of such rescission by 9:00 a.m. (California time) on the date set forth in
such termination notice as the date of termination of this Agreement, and (b) Borrower may extend
the date of termination at any time with the consent of Agent (which consent shall not be
unreasonably withheld or delayed).

     3.6 Conditions Subsequent. The obligation of the Lender Group (or any member thereof)
to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment,
on or before the date applicable thereto, of the conditions subsequent set forth on Schedule
3.6 (the failure by Borrower to so perform or cause to be performed such conditions subsequent
as and when required by the terms thereof, shall constitute an Event of Default).

     3.7 Unrestricted Subsidiaries.

          (a) The Board of Directors of Borrower may at any time designate any Subsidiary of Borrower
(other than any Loan Party) to be an Unrestricted Subsidiary if no Default or Event of Default has
occurred and is continuing or would result therefrom. If a Subsidiary of Borrower is designated as
an Unrestricted Subsidiary, the aggregate Fair Market Value of all outstanding Investments of
Borrower and its Restricted Subsidiaries in the Subsidiary designated as an Unrestricted Subsidiary
shall be deemed to be an Investment made as of the time of the designation and shall reduce the
amount available for Restricted Payments under Section 6.9 or under one or more clauses of
the definition of Permitted Investments, as determined by Borrower, by an amount equal to the
amount of such Investment. The designation of a Subsidiary of Borrower as an Unrestricted
Subsidiary shall only be permitted if the Investment would be permitted by this Agreement at the
time of designation and if the Restricted Subsidiary otherwise meets the

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definition of an
Unrestricted Subsidiary. Additionally, no Subsidiary of Borrower may be designated as an
Unrestricted Subsidiary if it is a “Restricted Subsidiary” for the purposes of any Senior Note
Document or any Refinancing Indebtedness incurred to refinance such Indebtedness. Any designation
of a Subsidiary of Borrower as an Unrestricted Subsidiary shall be evidenced to Agent by Borrower
submitting to Agent a
certified copy of a resolution of the Board of Directors of Borrower giving effect to such
designation and an Officer’s Certificate certifying that such designation complied with the
requirements and conditions set forth in this clause (a) and was permitted by Section 6.9.
If, at any time, any Unrestricted Subsidiary fails to meet the preceding requirements as an
Unrestricted Subsidiary, it shall thereafter cease to be an Unrestricted Subsidiary for purposes of
this Agreement and any Indebtedness of such Subsidiary and Liens on such Subsidiary’s assets shall
be deemed to be incurred by a Restricted Subsidiary of Borrower as of such date and, if such
Indebtedness is not permitted to be incurred as of such date under Section 6.1 or such
Liens are not permitted to be incurred as of such date under Section 6.2, an Event of
Default shall immediately arise.

          (b) The Board of Directors of Borrower may at any time designate any Unrestricted Subsidiary
to be a Restricted Subsidiary of Borrower; provided that such designation shall be deemed
to be an incurrence of Indebtedness by a Restricted Subsidiary of Borrower of any outstanding
Indebtedness of such Unrestricted Subsidiary and the incurrence of Liens on the assets of a
Restricted Subsidiary of Borrower of any Liens on such Unrestricted Subsidiary’s assets, and such
designation will only be permitted if (i) such Indebtedness is permitted under Section 6.1
and such Liens are permitted under Section 6.2, calculated on a pro forma basis as if such
designation had occurred at the beginning of the applicable reference period; and (ii) no Default
or Event of Default has occurred and is continuing or would result therefrom.

4. REPRESENTATIONS AND WARRANTIES.

          In order to induce the Lender Group to enter into this Agreement, Borrower makes the following
representations and warranties to the Lender Group which shall be true, correct, and complete, in
all material respects (except that such materiality qualifier shall not be applicable to any
representations and warranties that already are qualified or modified by materiality in the text
thereof), as of the Closing Date, and shall be true, correct, and complete, in all material
respects (except that such materiality qualifier shall not be applicable to any representations and
warranties that already are qualified or modified by materiality in the text thereof), as of the
date of the making of each Advance (or other extension of credit) made thereafter, as though made
on and as of the date of such Advance (or other extension of credit) (except to the extent that
such representations and warranties relate solely to an earlier date, in which case such
representations and warranties shall be true, correct and complete in all material respects (except
that such materiality qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality in the text thereof) as of such earlier date) and
such representations and warranties shall survive the execution and delivery of this Agreement:

     4.1 Due Organization and Qualification; Subsidiaries.

          (a) Each Loan Party (i) is duly organized and existing and in good standing under the laws of
the jurisdiction of its organization, (ii) is qualified to do business in any state where the
failure to be so qualified could reasonably be expected to result in a Material Adverse Change, and
(iii) has all requisite power and authority to own and operate its properties, to carry on its
business as now conducted and as proposed to be conducted, to enter into the Loan Documents to
which it is a party and to carry out the transactions contemplated thereby.

          (b) Set forth on Schedule 4.1(b) (as such Schedule may be updated from time to time to
reflect changes resulting from transactions permitted under this Agreement) is a complete and
accurate description of the authorized capital Stock of each Loan Party and each of its Material
Subsidiaries (other than Foreign Subsidiaries of a Material Subsidiary that is a CFC), by class
and, as of the Closing Date, the number and the percentage of the issued and outstanding shares of
each such class of capital Stock owned directly or indirectly by any other Loan Party. Other than
as described on Schedule 4.1(b), there are no subscriptions, options, warrants, or calls
relating to any shares of any Loan Party’s or its Material Subsidiaries’ capital Stock,

- 22 -

 

including
any right of conversion or exchange under any outstanding security or other instrument. No Loan
Party nor any of its Material Subsidiaries is subject to any obligation (contingent or otherwise)
to repurchase or otherwise acquire or retire any shares of its capital Stock or any security
convertible into or exchangeable for any of its capital Stock.

     4.2 Due Authorization; No Conflict.

          (a) As to each Loan Party, the execution, delivery, and performance by such Loan Party of the
Loan Documents to which it is a party have been duly authorized by all necessary action on the part
of such Loan Party.

          (b) As to each Loan Party, the execution, delivery, and performance by such Loan Party of the
Loan Documents to which it is a party do not and will not (i) violate any material provision of
federal, state, or local law or regulation applicable to any Loan Party or its Restricted
Subsidiaries, the Governing Documents of any Loan Party or its Restricted Subsidiaries, or any
order, judgment, or decree of any court or other Governmental Authority binding on any Loan Party
or its Restricted Subsidiaries, (ii) conflict with, result in a breach of, or constitute (with due
notice or lapse of time or both) a default under any Material Contract of any Loan Party or its
Restricted Subsidiaries except to the extent that any such conflict, breach or default could not
individually or in the aggregate reasonably be expected to result in a Material Adverse Change,
(iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any
assets of any Loan Party, other than Permitted Liens, or (iv) require any approval of any Loan
Party’s interestholders or any approval or consent of any Person under any Material Contract of any
Loan Party, other than consents or approvals that have been obtained and that are still in force
and effect and except, in the case of Material Contracts, for consents or approvals, the failure to
obtain could not individually or in the aggregate reasonably be expected to result in a Material
Adverse Change.

     4.3 Governmental Consents. The execution, delivery, and performance by each Loan
Party of the Loan Documents to which such Loan Party is a party and the consummation of the
transactions contemplated by the Loan Documents do not and will not require any registration with,
consent, or approval of, or notice to, or other action with or by, any Governmental Authority,
other than (i) registrations, consents, approvals, notices, or other actions that have been
obtained and that are still in force and effect, (ii) filings and recordings with respect to the
Collateral to be made, or otherwise delivered to Agent for filing or recordation, as of the Closing
Date, and (iii) registrations, consents, approvals, notices, or other actions, the failure of which
to obtain or perform could not reasonably be expected to result in a Material Adverse Change.

     4.4 Binding Obligations; Perfected Liens.

          (a) Each Loan Document has been duly executed and delivered by each Loan Party that is a party
thereto and is the legally valid and binding obligation of such Loan Party, enforceable against
such Loan Party in accordance with its respective terms, except as enforcement may be limited by
equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws
relating to or limiting creditors’ rights generally.

          (b) Agent’s Liens are validly created, perfected (other than (i) in respect of motor vehicles
that are subject to a certificate of title and as to which Agent has not caused its Lien to be
noted on the applicable certificate of title and (ii) in respect of any Deposit Accounts and
Securities Accounts not subject to a Control Agreement as permitted by Section 6.11, and
subject only to the filing of financing statements, the recordation of the Copyright Security
Agreement, and the recordation of any mortgages, in each case, in the appropriate filing offices),
and first priority Liens, subject only to Permitted Liens which are nonconsensual Permitted Liens,
permitted purchase money Liens, or the interests of lessors under Capital Leases.

     4.5 Title to Assets; No Encumbrances. Each of the Loan Parties and its Restricted
Subsidiaries has (a) good, sufficient and legal title to (in the case of fee interests in Real
Property), (b) valid leasehold interests in (in the case of leasehold interests in real or personal
property), and (c) good and marketable title to

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(in the case of all other personal property), all
of their respective assets reflected in their most recent financial statements delivered pursuant
to Section 5.1, in each case except for assets disposed of since the date of such financial
statements to the extent permitted hereby. All of such assets are free and clear of Liens except
for Permitted Liens.

     4.6 Jurisdiction of Organization; Location of Chief Executive Office; Organizational
Identification Number; Commercial Tort Claims.

          (a) The name of (within the meaning of Section 9-503 of the Code) and jurisdiction of
organization of each Loan Party is set forth on Schedule 4.6(a) (as such Schedule may be
updated from time to time to reflect changes resulting from transactions permitted under this
Agreement).

          (b) The chief executive office of each Loan Party is located at the address indicated on
Schedule 4.6(b) (as such Schedule may be updated from time to time to reflect changes
resulting from transactions permitted under this Agreement).

          (c) Each Loan Party’s tax identification numbers and organizational identification numbers, if
any, are identified on Schedule 4.6(c) (as such Schedule may be updated from time to time
to reflect changes resulting from transactions permitted under this Agreement).

          (d) As of the Closing Date, no Loan Party holds any commercial tort claims that are, on an
individual basis, in excess of, or could, on an individual basis, reasonably be expected to result
in awards in excess of, $1,000,000, except as set forth on Schedule 4.6(d).

     4.7 Litigation.

          (a) There are no actions, suits, or proceedings pending or, to the knowledge of Borrower,
after due inquiry, threatened in writing against a Loan Party or any of its Subsidiaries that
either individually or in the aggregate could reasonably be expected to result in a Material
Adverse Change.

          (b) Schedule 4.7(b) sets forth a complete and accurate description, with respect to
each of the actions, suits, or proceedings with asserted liabilities in excess of, or that could
reasonably be expected to result in liabilities in excess of, $5,000,000 that, as of the Closing
Date, is pending or, to the knowledge of Borrower, after due inquiry, threatened in writing against
a Loan Party or any of its Subsidiaries, of (i) the parties to such actions, suits, or proceedings,
(ii) the nature of the dispute that is the subject of such actions, suits, or proceedings, (iii)
the status, as of the Closing Date, with respect to such actions, suits, or proceedings, and (iv)
whether any liability of the Loan Parties or their Subsidiaries in connection with such actions,
suits, or proceedings is covered by insurance.

     4.8 Compliance with Laws. No Loan Party nor any of its Subsidiaries (a) is in
violation of any applicable laws, rules, regulations, executive orders, or codes (including
Environmental Laws) that, individually or in the aggregate, could reasonably be expected to result
in a Material Adverse Change, or (b) is subject to or in default with respect to any final
judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state,
municipal or other governmental department, commission, board, bureau, agency or instrumentality,
domestic or foreign, that, individually or in the aggregate, could reasonably be expected to result
in a Material Adverse Change.

     4.9 Financial Statements; No Material Adverse Change. All historical financial
statements relating to the Loan Parties and their Subsidiaries that have been delivered by Borrower
to Agent have been prepared in accordance with GAAP (except, in the case of unaudited financial
statements, for the lack of footnotes and being subject to year-end audit adjustments) and present
fairly in all material respects, the Loan Parties’ and their Subsidiaries’ consolidated financial
condition as of the date thereof and results of operations for the period then ended. Since
September 30, 2010, no event, circumstance, or change has occurred that has or could reasonably be
expected to result in a Material Adverse Change.

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     4.10 Fraudulent Transfer.

          (a) Borrower and its Subsidiaries, on a consolidated basis, are Solvent.

          (b) No transfer of property is being made by any Loan Party and no obligation is being
incurred by any Loan Party in connection with the transactions contemplated by this Agreement or
the other Loan Documents with the intent to hinder, delay, or defraud either present or future
creditors of such Loan Party.

     4.11 Employee Benefits. No Loan Party, none of their Subsidiaries, nor any of their
ERISA Affiliates maintains or contributes to any Benefit Plan.

     4.12 Environmental Condition. Except as set forth on Schedule 4.12, (a) to
Borrower’s knowledge, no Loan Party’s nor any of its Restricted Subsidiaries’ properties or assets
has ever been used by a Loan Party, its Restricted Subsidiaries, or by previous owners or operators
in the disposal of, or to produce, store, handle, treat, release, or transport, any Hazardous
Materials, where such disposal, production, storage, handling, treatment, release or transport was
in violation, in any material respect, of any applicable Environmental Law, (b) to Borrower’s
knowledge, after due inquiry, no Loan Party’s nor any of its Restricted Subsidiaries’ properties or
assets has ever been designated or identified in any manner pursuant to any environmental
protection statute as a Hazardous Materials disposal site, (c) no Loan Party nor any of its
Restricted Subsidiaries has received notice that a Lien arising under any Environmental Law has
attached to any revenues or to any Real Property owned or operated by a Loan Party or its
Restricted Subsidiaries, and (d) no Loan Party nor any of its Restricted Subsidiaries nor any of
their respective facilities or operations is subject to any outstanding written order, consent
decree, or settlement agreement with any Person relating to any Environmental Law or Environmental
Liability that, individually or in the aggregate, could reasonably be expected to result in a
Material Adverse Change.

     4.13 Intentionally Omitted .

     4.14 Leases. Each Loan Party and its Restricted Subsidiaries enjoy peaceful and
undisturbed possession under all leases material to their business and to which they are parties or
under which they are operating, and, subject to Permitted Protests, all of such material leases are
valid and subsisting and no material default by the applicable Loan Party or its Restricted
Subsidiaries exists under any of them.

     4.15 Deposit Accounts and Securities Accounts. Set forth on Schedule 4.15 (as
updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all
of the Loan Parties’ and their Restricted Subsidiaries’ Deposit Accounts and Securities Accounts
(other than Deposit Accounts specially and exclusively used for payroll, payroll taxes and other
employee wage and benefit payments to or for Loan Parties’ or their Subsidiaries’ employees),
including, with respect to each bank or securities intermediary (a) the name and address of such
Person, and (b) the account numbers of such Deposit Accounts or Securities Accounts maintained with
such Person.

     4.16 Complete Disclosure. All factual information taken as a whole (other than
forward-looking information and projections and information of a general economic nature and
general information about Borrower’s industry) furnished by or on behalf of a Loan Party or its
Subsidiaries in writing to Agent or any Lender (including all information contained in the
Schedules hereto or in the other Loan Documents) for purposes of or in connection with this
Agreement or the other Loan Documents, and all other such factual information taken as a whole
(other than forward-looking information and projections and information of a general economic
nature and general information about Borrower’s industry) hereafter furnished by or on behalf of a
Loan Party or its Subsidiaries in writing to Agent or any Lender for purposes of or in connection
with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby
will be, true and accurate, in all material respects, on the date as of which such information is
dated or certified and not incomplete by omitting to state any fact necessary to make such
information (taken as a whole) not misleading in any material respect at such time in light of the
circumstances under which such information was provided.

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The Projections delivered to Agent on
February 10, 2011 represent, and as of the date on which any other Projections are delivered to
Agent, such additional Projections represent, Borrower’s good faith estimate, on the date such
Projections are delivered, of the Loan Parties’ and their Subsidiaries’ future performance for the
periods covered thereby based upon assumptions believed by Borrower to be reasonable at the time of
the
delivery thereof to Agent (it being understood that such Projections are subject to
uncertainties and contingencies, many of which are beyond the control of the Loan Parties and their
Subsidiaries, that no assurances can be given that such Projections will be realized, and that
actual results may differ in a material manner from such Projections).

     4.17 Intentionally Omitted.

     4.18 Patriot Act. To the extent applicable, each Loan Party is in compliance, in all
material respects, with the (a) Trading with the Enemy Act, as amended, and each of the foreign
assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V,
as amended) and any other enabling legislation or executive order relating thereto, and (b) Uniting
and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism (USA Patriot Act of 2001) (the “Patriot Act”). No part of the proceeds of the
loans made hereunder will be used by any Loan Party or any of their Affiliates, 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.

     4.19 Indebtedness. Set forth on Schedule 4.19 is a true and complete list of
all Indebtedness of each Loan Party and each of its Subsidiaries outstanding immediately prior to
the Closing Date that is to remain outstanding immediately after giving effect to the closing
hereunder on the Closing Date and such Schedule accurately sets forth the aggregate principal
amount of such Indebtedness as of the Closing Date.

     4.20 Payment of Taxes. Except with respect to (a) current and future tax
controversies relating to Borrower’s and its Subsidiaries’ operations in the Republic of India (the
“Indian Tax Controversies”) pursuant to which the nonpayment of any taxes could not,
individually or in the aggregate, reasonably be expected to result in a Material Adverse Change, or
(b) taxes or assessments that do not exceed $1,000,000 in the aggregate, all tax returns and
reports of each Loan Party and its Restricted Subsidiaries required to be filed by any of them have
been timely filed (after giving effect to any duly filed extension), and all taxes shown on such
tax returns to be due and payable and all assessments, fees and other governmental charges upon a
Loan Party and its Restricted Subsidiaries and upon their respective assets, income, businesses and
franchises that are due and payable have been paid when due and payable. Each Loan Party and each
of its Restricted Subsidiaries have made adequate provision in accordance with GAAP for all taxes
not yet due and payable. Borrower does not know of any proposed tax assessment against a Loan
Party or any of its Restricted Subsidiaries that is not being actively contested by such Loan Party
or such Restricted Subsidiary diligently, in good faith, and by appropriate proceedings;
provided such reserves or other appropriate provisions, if any, as shall be required in
conformity with GAAP shall have been made or provided therefor.

     4.21 Margin Stock. No Loan Party nor any of its Restricted Subsidiaries is engaged
principally, or as one of its important activities, in the business of extending credit for the
purpose of purchasing or carrying any Margin Stock. No part of the proceeds of the loans made to
Borrower will be used to purchase or carry any such Margin Stock or to extend credit to others for
the purpose of purchasing or carrying any such margin stock or for any purpose that violates the
provisions of Regulation T, U or X of the Board of Governors of the United States Federal Reserve.

     4.22 Governmental Regulation. No Loan Party nor any of its Restricted Subsidiaries is
subject to regulation under the Federal Power Act or the Investment Company Act of 1940 or under
any other federal or state statute or regulation which may limit its ability to incur Indebtedness
or which may otherwise render all or any portion of the Obligations unenforceable. No Loan Party
nor any of its Restricted Subsidiaries is a “registered investment company” or a company
“controlled” by a “registered investment company” or a

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“principal underwriter” of a “registered
investment company” as such terms are defined in the Investment Company Act of 1940.

     4.23 OFAC. No Loan Party nor any of its Restricted Subsidiaries is in violation of
any of the
country or list based economic and trade sanctions administered and enforced by OFAC. No Loan
Party nor any of its Restricted Subsidiaries (a) is a Sanctioned Person or a Sanctioned Entity, (b)
has its assets located in Sanctioned Entities, or (c) derives revenues from investments in, or
transactions with Sanctioned Persons or Sanctioned Entities. No proceeds of any loan made
hereunder will be used to fund any operations in, finance any investments or activities in, or make
any payments to, a Sanctioned Person or a Sanctioned Entity.

     4.24 Employee and Labor Matters. There is (i) no unfair labor practice
complaint pending or, to the knowledge of Borrower, threatened in writing against Borrower or its
Restricted Subsidiaries before any Governmental Authority and no grievance or arbitration
proceeding pending or threatened in writing against Borrower or its Restricted Subsidiaries which
arises out of or under any collective bargaining agreement and that could reasonably be expected to
result in a material liability, (ii) no strike, labor dispute, slowdown, stoppage or similar action
or grievance pending or threatened in writing against Borrower or its Restricted Subsidiaries that
could reasonably be expected to result in a material liability, or (iii) to the knowledge of
Borrower, after due inquiry, no union representation question existing with respect to the
employees of Borrower or its Restricted Subsidiaries and no union organizing activity taking place
with respect to any of the employees of Borrower or its Restricted Subsidiaries. Neither Borrower
nor any of its Restricted Subsidiary has incurred any liability or obligation under the Worker
Adjustment and Retraining Notification Act or similar state law, which remains unpaid or
unsatisfied. The hours worked and payments made to employees of Borrower or its Restricted
Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable
legal requirements, except to the extent such violations could not, individually or in the
aggregate, reasonably be expected to result in a Material Adverse Change. All material payments
due from Borrower or its Restricted Subsidiaries on account of wages and employee health and
welfare insurance and other benefits have been paid or accrued as a liability on the books of
Borrower, except where the failure to do so could not, individually or in the aggregate, reasonably
be expected to result in a Material Adverse Change.

     4.25 Immaterial Subsidiaries. Set forth on Schedule 4.25 (as updated from
time to time) is a true and complete list of all of the Immaterial Subsidiaries.

5. AFFIRMATIVE COVENANTS.

          Borrower covenants and agrees that, until termination of all of the Commitments and payment in
full of the Obligations, each Loan Party shall comply with each of the following covenants and
shall cause each of its Subsidiaries to comply with each of the following covenants applicable to
such Subsidiary:

     5.1 Financial Statements, Reports, Certificates. The Loan Parties shall deliver to
Agent, with copies to each Lender, each of the financial statements, reports, and other items set
forth on Schedule 5.1 no later than the times specified therein. In addition, Borrower
agrees that no Subsidiary of a Loan Party will have a fiscal year different from that of Borrower.
In addition, Borrower agrees to maintain a system of accounting that enables Borrower to produce
financial statements in accordance with GAAP (except, in the case of unaudited financial
statements, for the lack of footnotes and being subject to year-end audit adjustments).

     5.2 Collateral Reporting. The Loan Parties shall provide Agent (and if so requested
by Agent, with copies for each Lender) with each of the reports set forth on Schedule 5.2
at the times specified therein.

     5.3 Existence. Each Loan Party and each of its Restricted Subsidiaries shall, except
as otherwise permitted under Section 6.3 or Section 6.4, at all times maintain and
preserve in full force and effect its existence (including being in good standing in its
jurisdiction of organization) and all rights and franchises, Licenses and permits material to its
business; provided, however, that no Loan Party nor any of its Restricted
Subsidiaries shall be required to preserve any such right or franchise, Licenses or permits if such
Person’s

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Board of Directors (or similar governing body) shall determine that the preservation
thereof is no longer desirable in the conduct of the business of such Person, and that the loss
thereof is not disadvantageous in any material respect to such Person or to the Lenders.

     5.4 Maintenance of Properties. Each Loan Party and each of its Restricted
Subsidiaries shall maintain and preserve all of its assets that are necessary or useful in the
proper conduct of its business in good working order and condition, ordinary wear, tear, and
casualty excepted and Permitted Dispositions excepted, and comply with the material provisions of
all material leases to which it is a party as lessee, so as to prevent the loss or forfeiture
thereof, unless such provisions are the subject of a Permitted Protest.

     5.5 Taxes. Each Loan Party and each of its Restricted Subsidiaries shall cause all
assessments and taxes imposed, levied, or assessed against any Loan Party or its Restricted
Subsidiaries, or any of their respective assets or in respect of any of its income, businesses, or
franchises to be paid in full, before delinquency or before the expiration of any extension period,
except (i) in relation to the Indian Tax Controversies as to which the nonpayment of any taxes
could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse
Change, (ii) with respect to taxes and assessments that do not exceed $1,000,000 in the aggregate,
and (iii) to the extent that the validity of such assessment or tax shall be the subject of a
Permitted Protest and, in any such case, so long as, in the case of an assessment or tax that has
or may become a Lien against any of the Collateral, such contest proceedings conclusively operate
to stay the sale of any portion of the Collateral to satisfy such assessment or tax. Each Loan
Party will and will cause each of its Restricted Subsidiaries to make timely payment or deposit of
all tax payments and withholding taxes required of it and them by applicable laws, including those
laws concerning F.I.C.A., F.U.T.A., state disability, and local, state, and federal income taxes,
and will, upon request, furnish Agent with proof reasonably satisfactory to Agent indicating that
each Loan Party and its Restricted Subsidiaries have made such payments or deposits..

     5.6 Insurance. At Borrower’s expense, the Loan Parties shall maintain insurance
respecting each of the Loan Parties’ and their Restricted Subsidiaries’ assets wherever located,
covering loss or damage by fire, theft, explosion, and all other hazards and risks as ordinarily
are insured against by other Persons engaged in the same or similar businesses. The Loan Parties
also shall maintain (with respect to each of the Loan Parties and their Restricted Subsidiaries)
business interruption, general liability, product liability insurance, director’s and officer’s
liability insurance, fiduciary liability insurance, and employment practices liability insurance,
as well as insurance against larceny, embezzlement, and criminal misappropriation. All such
policies of insurance shall be with responsible and reputable insurance companies acceptable to
Agent and in such amounts as is carried generally in accordance with sound business practice by
companies in similar businesses similarly situated and located and in any event in amount, adequacy
and scope reasonably satisfactory to Agent. All property insurance policies covering the
Collateral are to be made payable to Agent for the benefit of Agent and the Lenders, as their
interests may appear, in case of loss, pursuant to a standard loss payable endorsement with a
standard non contributory “lender” or “secured party” clause and are to contain such other
provisions as Agent may reasonably require to fully protect the Lenders’ interest in the Collateral
and to any payments to be made under such policies. All certificates of property and general
liability insurance are to be delivered to Agent, with the loss payable (but only in respect of
Collateral) and additional insured endorsements in favor of Agent and shall provide for not less
than 30 days (10 days in the case of non-payment) prior written notice to Agent of the exercise of
any right of cancellation. If Borrower fails to maintain such insurance, Agent may arrange for
such insurance, but at Borrower’s expense and without any responsibility on Agent’s part for
obtaining the insurance, the solvency of the insurance companies, the adequacy of the coverage, or
the collection of claims. Borrower shall give Agent prompt notice of any loss exceeding $2,500,000
covered by its casualty or business interruption insurance. Upon the occurrence and during the
continuance of an Event of Default, Agent shall have the sole right to file claims under any
property and general liability insurance policies in respect of the Collateral, to receive, receipt
and give acquittance for any payments that may be payable thereunder, and to execute any and all
endorsements, receipts, releases, assignments, reassignments or other documents that may be
necessary to effect the collection, compromise or settlement of any claims under any such insurance
policies.

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     5.7 Inspection. If as of any date of determination Average Revolver Usage is
greater than or equal to $40,000,000 for the immediately preceding 30-day period or an Event of
Default has occurred and is continuing, each Loan Party and each of its Subsidiaries shall permit
Agent and each of its duly authorized representatives or agents to visit any of its properties and
inspect any of its assets or books and records, to conduct audits, to conduct appraisals and
valuations, to examine and make copies of its books and records, and to discuss its affairs,
finances, and accounts with, and to be advised as to the same by, its officers and employees at
such reasonable times and intervals as Agent may designate and, so long as no Default or Event of
Default exists, with reasonable prior notice to Borrower; provided, however, that
if no Event of Default shall have occurred and be continuing, Agent may perform no more than 1
audit or inspection of the Loan Parties and their Subsidiaries during any calendar year and no more
than 1 business/recurring revenue valuation of the Loan Parties and their Subsidiaries during any
calendar year. In connection with the foregoing, if an Event of Default has occurred and is
continuing, Borrower shall pay to Agent audit, appraisal, and valuation fees and charges, as and
when incurred or chargeable, as follows (a) a fee of $1,000 per day, per auditor, plus
out-of-pocket expenses for each audit of the Loan Parties and their Subsidiaries performed by
personnel employed by Agent, and (b) the actual charges paid or incurred by Agent if it elects to
employ the services of one or more third Persons to perform audits of the Loan Parties or their
Subsidiaries, or to assess the Loan Parties or their Subsidiaries’ business/recurring revenue
valuation.

     5.8 Compliance with Laws. Each Loan Party and each of its Subsidiaries shall comply
with the requirements of all applicable laws, rules, regulations, and orders of any Governmental
Authority, other than laws, rules, regulations, and orders the non-compliance with which,
individually or in the aggregate, could not reasonably be expected to result in a Material Adverse
Change.

     5.9 Environmental.

          (a) Each Loan Party and each of its Restricted Subsidiaries shall keep any property either
owned or operated by any Loan Party or any of it Restricted Subsidiaries free of any Environmental
Liens or post bonds or other financial assurances sufficient to satisfy the obligations or
liability evidenced by such Environmental Liens,

          (b) Each Loan Party and each of its Restricted Subsidiaries shall comply, in all material
respects, with Environmental Laws and provide to Agent documentation of such compliance which Agent
reasonably requests,

          (c) Each Loan Party and each of its Restricted Subsidiaries shall promptly notify Agent of any
release of which it has knowledge of a Hazardous Material in any reportable quantity from or onto
property owned or operated by any Loan Party or one of its Restricted Subsidiaries and take any
Remedial Actions required to abate said release or otherwise to come into compliance, in all
material respects, with applicable Environmental Law, and

          (d) Each Loan Party and each of its Restricted Subsidiaries shall promptly, but in any event
within 5 Business Days of its receipt thereof, provide Agent with written notice of any of the
following: (i) notice that an Environmental Lien has been filed against any of the real or
personal property of any Loan Party or any of its Restricted Subsidiaries, (ii) commencement of any
Environmental Action or written notice that an Environmental Action will be filed against any Loan
Party or any of its Restricted Subsidiaries, and (iii) written notice of a violation, citation, or
other administrative order from a Governmental Authority in respect of any Loan Party or any of its
Restricted Subsidiaries.

     5.10 Disclosure Updates. Each Loan Party and each of its Subsidiaries shall promptly
and in no event later than 5 Business Days after obtaining knowledge thereof, notify Agent if any
written information, exhibit, or report furnished to Agent or the Lenders contained, at the time it
was furnished, any untrue statement of a material fact or omitted to state any material fact
necessary to make the statements contained therein not misleading in light of the circumstances in
which made. The foregoing to the contrary notwithstanding, any notification pursuant to the
foregoing provision will not cure or remedy the effect of the

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prior untrue statement of a material fact or omission of any material fact nor shall any such
notification have the effect of amending or modifying this Agreement or any of the Schedules
hereto.

     5.11 Formation of Subsidiaries.

          (a) At the time that (i) any Loan Party forms any direct or indirect Restricted Subsidiary
that, after giving effect to such formation, would constitute a Material Subsidiary (calculated as
if it had been formed on the first day of the most recent trailing 12-month period), (ii) any Loan
Party acquires any direct or indirect Restricted Subsidiary after the Closing Date that, after
giving effect to such acquisition, would constitute a Material Subsidiary (calculated as if it had
been formed on the first day of the most recent trailing 12-month period), (iii) any Restricted
Subsidiary of a Loan Party existing on the Closing Date that is not a Guarantor (other than
Manugistics, which is addressed in clause (b) below) becomes a Material Subsidiary, or (iv) any
Unrestricted Subsidiary becomes a Restricted Subsidiary, such Loan Party shall (A) within 30 days
of such formation or acquisition or within 30 days of the date that such Restricted Subsidiary
becomes a Material Subsidiary or such Unrestricted Subsidiary becomes a Restricted Subsidiary (in
each case, or such later date as permitted by Agent in its sole discretion), the Loan Parties shall
cause any such Restricted Subsidiary to provide to Agent a joinder to the Guaranty and the Security
Agreement, together with such other security documents (including mortgages with respect to any
Real Property owned in fee of such new Subsidiary with a Fair Market Value of at least $5,000,000),
as well as appropriate financing statements (and with respect to all property subject to a
mortgage, fixture filings), all in form and substance reasonably satisfactory to Agent (including
being sufficient to grant Agent a first priority Lien (subject to Permitted Liens) in and to the
assets of such Restricted Subsidiary); provided that the Guaranty, the Security Agreement,
and such other security documents shall not be required to be provided to Agent with respect to any
Restricted Subsidiary of Borrower that is a CFC if providing such documents would result in adverse
tax consequences to Borrower and its Restricted Subsidiaries or would result in costs to Borrower
and its Restricted Subsidiaries that are disproportionately large in relation to the benefit to
Lenders, as determined by Agent in its reasonable discretion, (B) within 30 days of such formation
or acquisition or within 30 days of the date that such Restricted Subsidiary becomes a Material
Subsidiary or such Unrestricted Subsidiary becomes a Restricted Subsidiary (in each case, or such
later date as permitted by Agent in its sole discretion), the applicable Loan Party shall provide
to Agent a pledge agreement (or an addendum to the Security Agreement) and appropriate certificates
and powers or financing statements, pledging all of the direct or beneficial ownership interest in
such Restricted Subsidiary reasonably satisfactory to Agent; provided that only 65% of the
total outstanding Voting Stock of any first tier Restricted Subsidiary of any Loan Party that is a
CFC (and none of the Stock of any Subsidiary of such CFC) shall be required to be pledged if
pledging a greater amount would result in adverse tax consequences to Borrower and its Restricted
Subsidiaries or would result in costs to Borrower and its Restricted Subsidiaries that are
disproportionately large in relation to the benefit to Lenders, as determined by Agent in its
reasonable discretion (which pledge, if reasonably requested by Agent, shall be governed by the
laws of the jurisdiction of such Restricted Subsidiary), and (C) within 30 days of such formation
or acquisition or within 30 days of the date that such Restricted Subsidiary becomes a Material
Subsidiary or such Unrestricted Subsidiary becomes a Restricted Subsidiary (in each case, or such
later date as permitted by Agent in its sole discretion), the Loan Parties
shall provide to Agent
all other documentation, including one or more opinions of counsel reasonably satisfactory to
Agent, which in its opinion is appropriate with respect to the execution and delivery of the
applicable documentation referred to above (including policies of title insurance or other
documentation with respect to all Real Property owned in fee and subject to a mortgage). Any
document, agreement, or instrument executed or issued pursuant to this Section 5.11(a)
shall be a Loan Document.

          (b) If Manugistics is not merged with and into Borrower, with Borrower as the survivor of such
merger, on or before September 18, 2011 pursuant to a merger permitted hereunder or consented to by
the Required Lenders, then upon the reasonable request of Agent, the Loan Parties shall execute or
deliver to Agent any and all security agreements, pledges, assignments (excluding intellectual
property assignments), endorsements of certificates of title, mortgages, deeds of trust, or
opinions of counsel that Agent may reasonably request in form and substance reasonably satisfactory
to Agent, to create, perfect, and continue

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perfected or to better perfect Agent’s Liens in all of the assets of Manugistics (but
excluding leased real property, any fee interest of Manugistics in Real Property with a fair market
value of less than $5,000,000, or any assets that are expressly excluded from the Collateral
pursuant to the Security Agreement).

     5.12 Further Assurances. Each Loan Party and each of its Restricted Subsidiaries
shall at any time upon the reasonable request of Agent, execute or deliver to Agent any and all
financing statements, fixture filings, security agreements, pledges, assignments (excluding
intellectual property assignments), endorsements of certificates of title, mortgages, deeds of
trust, opinions of counsel, and all other documents (the “Additional Documents”) that Agent
may reasonably request in form and substance reasonably satisfactory to Agent, to create, perfect,
and continue perfected or to better perfect Agent’s Liens in all of the assets of each Loan Party
and its Restricted Subsidiaries (whether now owned or hereafter arising or acquired, tangible or
intangible, real or personal) (but excluding leased real property, assets owned by any Immaterial
Subsidiaries, or any assets that are expressly excluded from the Collateral pursuant to the
Security Agreement), to create and perfect Liens in favor of Agent in any fee interest in Real
Property acquired by any Loan Party or its Restricted Subsidiaries after the Closing Date with a
fair market value in excess of $5,000,000, and in order to fully consummate all of the transactions
contemplated hereby and under the other Loan Documents; provided that the foregoing shall
not apply to any Restricted Subsidiary of a Loan Party that is a CFC if providing such documents
would result in adverse tax consequences to Borrower and its Restricted Subsidiaries or would
result in costs to Borrower and its Restricted Subsidiaries that are disproportionately large in
relation to the benefit to Lenders, as determined by Agent in its reasonable discretion. To the
maximum extent permitted by applicable law, if any Loan Party refuses or fails to execute or
deliver any reasonably requested Additional Documents within a reasonable period of time following
the request to do so, Borrower authorizes Agent to execute any such Additional Documents in the
applicable Loan Party’s or its Restricted Subsidiary’s name, as applicable, and authorizes Agent to
file such executed Additional Documents in any appropriate filing office. In furtherance and not
in limitation of the foregoing, each Loan Party shall take such actions as Agent may reasonably
request from time to time to ensure that the Obligations are guarantied by the Guarantors and are
secured by substantially all of the assets of the Loan Parties and all of the outstanding capital
Stock of Borrower’s Restricted Subsidiaries (other than Immaterial Subsidiaries); provided
that only 65% of the outstanding Voting Stock of any such Subsidiary that is a CFC (and none of the
Stock of any Subsidiary of such CFC) shall be required to be pledged if pledging a greater amount
would result in adverse tax consequences to Borrower and its Restricted Subsidiaries or would
result in costs to Borrower and its Restricted Subsidiaries that are disproportionately large in
relation to the benefit to Lenders, as determined by Agent in its reasonable discretion.

     5.13 Lender Meetings. The Loan Parties shall within 90 days after the close of each
fiscal year of Borrower, at the request of Agent or of the Required Lenders and upon reasonable
prior notice, hold a meeting (at a mutually agreeable location and time or, at the option of Agent,
by conference call) with all Lenders who choose to attend such meeting at which meeting shall be
reviewed the financial results of the previous fiscal year and the financial condition of Borrower
and its Subsidiaries and the Projections delivered for the current fiscal year of Borrower.

     5.14 Intentionally Omitted.

     5.15 Intentionally Omitted.

     5.16 Liquidity. The Loan Parties and their Restricted Subsidiaries shall maintain
Availability plus Qualified Cash of at least $25,000,000 at all times (the “Liquidity
Requirement”); provided, however, that if either of the following has occurred,
the Liquidity Requirement shall be reduced to $0: (a) a Resolution of the Dillard’s Litigation has
occurred, or (b) the Dillard’s Judgment is reversed by the Court of Appeals for the Fifth District
of Texas and a new trial is ordered by the Court of Appeals for the Fifth District of Texas;
provided, further, however, that if the Liquidity Requirement is reduced to
$0 as a result of the occurrence of the foregoing clause (b), the Liquidity Requirement shall be
increased to $25,000,000 immediately upon the entry of any judgment in excess of $50,000,000
against any Loan Party (it being understood that if the

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Liquidity Requirement is increased to $25,000,000 as a result of the entry of a judgment
against any Loan Party in excess of $50,000,000 in connection with the Dillard’s Litigation
pursuant to this proviso, it shall be reduced to $0 upon the occurrence of a Resolution of the
Dillard’s Litigation).

     5.17 Hedge Agreements. Each Loan Party and each of its Restricted Subsidiaries shall
offer WFCF (or one or more of its Affiliates) the opportunity to bid for certain interest rate
protection agreements and currency hedge agreements to be entered into by a Loan Party or one of
its Restricted Subsidiaries, such opportunities to be selected by such Loan Party or Restricted
Subsidiary in its sole discretion from time to time.

6. NEGATIVE COVENANTS.

     Borrower covenants and agrees that, until termination of all of the Commitments and payment in
full of the Obligations, the Loan Parties will not and will not permit any of their Subsidiaries to
do any of the following applicable to such Subsidiary:

     6.1 Indebtedness; Preferred Stock.

          (a) No Loan Party nor any of its Restricted Subsidiaries shall create, incur, issue, assume,
suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable,
contingently or otherwise, with respect to any Indebtedness (including Acquisition Debt), except
for Permitted Indebtedness. Borrower will not issue any Prohibited Preferred Stock and will not
permit any of its Restricted Subsidiaries to issue any shares of preferred stock; provided
that Borrower’s Restricted Subsidiaries may issue preferred stock to Borrower or to any of its
Restricted Subsidiaries provided (i) any subsequent issuance or transfer of Stock that results in
any such preferred stock being held by a Person other than Borrower or one of its Restricted
Subsidiaries, or (ii) any sale or other transfer of any such preferred stock to a Person that is
not Borrower or one of its Restricted Subsidiaries, will be deemed, in each case, to constitute an
issuance of preferred stock by one of Borrower’s Restricted Subsidiaries that is not permitted
pursuant to this Section 6.1.

          (b) No Loan Party shall incur any Indebtedness (including Permitted Indebtedness) that is
contractually subordinated in right of payment to any other Indebtedness of a Loan Party unless
such Indebtedness is also contractually subordinated in right of payment to the Obligations and the
Indebtedness represented by the Senior Notes (including any guarantees thereof) on substantially
identical terms; provided, however, that no Indebtedness will be deemed to be
contractually subordinated in right of payment to any other Indebtedness solely by virtue of being
unsecured or by virtue of being secured on a junior priority basis. Nothing contained in this
Section 6.1(b) shall permit any Loan Party or any of its Restricted Subsidiaries to incur
Indebtedness that is not Permitted Indebtedness.

     6.2 Liens. No Loan Party nor any of its Restricted Subsidiaries shall create, incur,
assume, or suffer to exist, directly or indirectly, any Lien on or with respect to any of its
assets, of any kind, whether now owned or hereafter acquired, or any income or profits therefrom,
except for Permitted Liens.

     6.3 Restrictions on Fundamental Changes.

          (a) No Loan Party nor any of its Restricted Subsidiaries shall directly or indirectly
consolidate or merge with or into another Person (whether or not such Loan Party or Restricted
Subsidiary is the surviving company) unless:

               (i) such transaction constitutes a “Permitted Acquisition”;

               (ii) either: (A) such Loan Party is the surviving company; or (B) the Person formed by or
surviving any such consolidation or merger (if other than such Loan Party) is an entity organized
or existing under the laws of the United States, any state of the United States or the District of
Columbia; and,

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if such entity is not a corporation, a co-obligor of the Obligations is a
corporation organized or existing under
any such laws;

               (iii) the Person formed by or surviving any such consolidation or merger (if other than such
Loan Party) assumes all of the Obligations of such Loan Party under the Loan Documents pursuant to
agreements reasonably satisfactory to Agent;

               (iv) immediately after giving effect to such transaction, no Default or Event of Default has
occurred and is continuing; and

               (v) such transaction is not prohibited by the Senior Notes Indenture.

          Clauses (i) and (iv) of this Section 6.3(a) shall not apply to (1) any merger or
consolidation between Borrower and any of its Restricted Subsidiaries for any purpose; or (2) any
merger or consolidation of Borrower with or into an Affiliate solely for the purpose of
reincorporating Borrower in another jurisdiction in the United States or the District of Columbia
so long as Borrower provides Agent with at least 10 Business Days prior written notice thereof.

          Upon any consolidation or merger in a transaction that is subject to, and that complies with
the provisions of, Section 6.3(a), the successor Person formed by such consolidation or
into or with which such Loan Party is merged shall succeed to, and be substituted for (so that from
and after the date of such consolidation or merger, the provisions of the Loan Documents referring
to such Loan Party shall refer instead to the successor Person and not to such Loan Party), and may
exercise every right and power of such Loan Party under the Loan Documents with the same effect as
if such successor Person had been named as such Loan Party herein or therein; provided,
however, that the predecessor Loan Party shall not be relieved from the obligation to pay
the Obligations.

          (b) No Loan Party nor any of its Restricted Subsidiaries shall liquidate, wind up, or dissolve
itself (or suffer any liquidation or dissolution), except for (i) the liquidation or dissolution of
non-operating Subsidiaries of any Loan Party with nominal assets and nominal liabilities, (ii) the
liquidation or dissolution of a Loan Party (other than Borrower) or its wholly-owned Restricted
Subsidiaries so long as all of the assets (including any interest in any Stock) of such liquidating
or dissolving Loan Party or Restricted Subsidiary are transferred to a Loan Party that is not
liquidating or dissolving, or (iii) the liquidation or dissolution of a Restricted Subsidiary of
any Loan Party that is not a Loan Party (other than any such Restricted Subsidiary the Stock of
which (or any portion thereof) is subject to a Lien in favor of Agent) so long as all of the assets
of such liquidating or dissolving Restricted Subsidiary are transferred to a Subsidiary of a Loan
Party that is not liquidating or dissolving, or

          (c) No Loan Party nor any of its Restricted Subsidiaries shall suspend or go out of a
substantial portion of its business, except as permitted pursuant to clauses (a) or (b) above or in
connection with the transactions permitted pursuant to Section 6.4.

          (d) No Loan Party nor any of its Restricted Subsidiaries shall reorganize or recapitalize or
reclassify its Stock.

     6.4 Disposal of Assets . No Loan Party nor any of its Restricted Subsidiaries shall
convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement
to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of such Loan
Party’s or such Restricted Subsidiaries’ assets other than Permitted Dispositions or transactions
expressly permitted by Sections 6.3 or 6.9.

     6.5 Change Name. No Loan Party nor any of its Restricted Subsidiaries shall change
its name, organizational identification number, state of organization or organizational identity;
provided, however, that any Loan Party or one of its Restricted Subsidiaries may
change its name upon at least 10 days prior written notice to Agent of such change.

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     6.6 Nature of Business. No Loan Party nor any of its Restricted Subsidiaries shall
engage in any business other than Permitted Businesses, except to such extent as would not be
material to Borrower and its Subsidiaries taken as a whole.

     6.7 Amendments. No Loan Party nor any of its Restricted Subsidiaries shall directly or
indirectly, amend, modify, or change any of the terms or provisions of: (a) any agreement,
instrument, document, indenture, or other writing evidencing or concerning Permitted Indebtedness
(other than (i) the Obligations in accordance with this Agreement, and (ii) Indebtedness permitted
under clauses (c), (e), (f) and (h) of the definition of “Permitted
Indebtedness”), or (b) the Governing Documents of any Loan Party or any of its Restricted
Subsidiaries if the effect thereof, either individually or in the aggregate, could reasonably be
expected to be materially adverse to the interests of the Lenders.

     6.8 Change of Control. No Loan Party nor any of its Subsidiaries shall cause, permit,
or suffer, directly or indirectly, any Change of Control.

     6.9 Restricted Payments. No Loan Party nor any of its Restricted Subsidiaries shall
directly or indirectly:

          (a) declare or pay any dividend or make any other payment or distribution on account of
Borrower’s or any of its Restricted Subsidiaries’ Stock (including any payment in connection with
any merger or consolidation involving Borrower or any of its Restricted Subsidiaries) or to the
direct or indirect holders of Borrower’s or any of its Restricted Subsidiaries’ Stock in their
capacity as such (other than dividends or distributions payable in Stock (other than Prohibited
Preferred Stock) of Borrower and dividends or distributions payable to Borrower or a Restricted
Subsidiary of Borrower);

          (b) purchase, redeem or otherwise acquire or retire for value (including in connection with
any merger or consolidation involving Borrower) any Stock of Borrower;

          (c) make any payment or prepayment of principal, interest or premium, if any, or purchase,
redeem, defease or otherwise acquire or retire for value any Indebtedness of Borrower or any of its
Restricted Subsidiaries that is contractually subordinated to the Obligations (excluding any
intercompany Indebtedness between or among the Loan Parties that is permitted under the Agreement
(but subject to the Intercompany Subordination Agreement)) prior to scheduled maturity, scheduled
payment, scheduled repayment or scheduled sinking fund thereof;

          (d) make any payment or prepayment of principal, interest or premium, if any, or purchase,
redeem, defease or otherwise acquire or retire for value any Indebtedness represented by the Senior
Notes prior to scheduled maturity, scheduled payment, scheduled repayment or scheduled sinking fund
thereof; or

          (e) make any Restricted Investment (all such payments and other actions set forth in these
clauses (a) through (e) being collectively referred to as “Restricted Payments”),

          unless, with respect to Restricted Payments described in clauses (a), (b), (c), or (e) above,
at the time of and after giving effect to such Restricted Payment:

               (i) such Restricted Payment is permitted pursuant to applicable law and the Senior Notes
Indenture;

               (ii) no Default or Event of Default has occurred and is continuing or would occur as a
consequence of such Restricted Payment;

               (iii) the Resolution of the Dillard’s Litigation has occurred;

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               (iv) Borrower would, at the time of such Restricted Payment and after giving pro forma effect
thereto as if such Restricted Payment had been made at the beginning of the applicable four-quarter
period, have been permitted to incur at least $1.00 of additional Indebtedness pursuant to the
Fixed Charge Coverage Ratio test set forth in Section 4.09(a) of the Senior Notes Indenture; and

               (v) such Restricted Payment, together with the aggregate amount of all other Restricted
Payments made by Borrower and its Restricted Subsidiaries since the Senior Notes Closing Date
(excluding Restricted Payments permitted pursuant to clauses (ii), (iii), (iv), (v), (vi), (viii),
(ix), or (x) of clause (f) of this Section 6.9), is less than the sum, without duplication,
of:

                    (A) 50% of the Net Income of Borrower for the period (taken as one accounting period) from the
beginning of the first fiscal quarter commencing after the Senior Notes Closing Date to the end of
Borrower’s most recently ended fiscal quarter for which internal financial statements are available
at the time of such Restricted Payment (or, if such Net Income for such period is a deficit, less
100% of such deficit); plus

                    (B) 100% of the aggregate net proceeds, including Cash Equivalents and the Fair Market Value
of the equity of a Person or assets used in or constituting a Permitted Business (so long as such
equity or assets are used by or become a Restricted Subsidiary) received by Borrower since the
Senior Notes Closing Date as a contribution to its common equity capital or from the issue or sale
of Qualifying Stock of Borrower or from the issue or sale of convertible or exchangeable Prohibited
Preferred Stock of Borrower or convertible or exchangeable debt securities of a Loan Party, in each
case to the extent (1) not prohibited hereunder and (2) that (I) such Prohibited Preferred Stock or
securities have been converted into or exchanged for such Qualifying Stock of Borrower or (II) the
amount of Indebtedness represented by such Prohibited Preferred Stock or securities has been
reduced upon such conversion or exchange for Qualifying Stock of Borrower (in each case other than
Qualifying Stock and convertible or exchangeable Prohibited Preferred Stock or debt securities sold
to a Subsidiary of Borrower); plus

                    (C) to the extent that any Restricted Investment that was made after the Senior Notes Closing
Date is (1) sold for cash or otherwise cancelled, liquidated or repaid for cash, or (2) made in an
entity that subsequently becomes a Restricted Subsidiary of Borrower that is a Guarantor, the
return of capital with respect to such Restricted Investment, less the cost of disposition (if
any); plus

                    (D) to the extent that any Unrestricted Subsidiary of Borrower designated as such after the
date of this Agreement is redesignated as a Restricted Subsidiary after the date of this Agreement,
the net reduction of Investments (valued as provided in the definition of “Investment”) with
respect to such Unrestricted Subsidiary; plus

                    (E) 100% of any dividends received in cash by Borrower or a Restricted Subsidiary after the
Senior Notes Closing Date from an Unrestricted Subsidiary of Borrower, to the extent that such
dividends were not otherwise included in the Net Income of Borrower for such period.

          (f) The provisions of Sections 6.9(a) — (e) hereof will not prohibit any of
the following to the extent that they are permitted under the Senior Notes Indenture:

               (i) the payment of any dividend or the consummation of any irrevocable redemption within 60
days after the date of declaration of the dividend or giving of the redemption notice, as the case
may be, if at the date of declaration or notice, the dividend or redemption payment would have been
permitted pursuant to this Agreement;

               (ii) the making of any Restricted Payment in exchange for, or out of or with the proceeds of
the substantially concurrent sale (other than to a Subsidiary of Borrower) of, Stock of Borrower
(other than Prohibited Preferred Stock) or from the substantially concurrent contribution of common
equity

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capital to Borrower; provided that the amount of any such proceeds that are utilized
for any such Restricted
Payment will not be considered to be net proceeds of Qualifying Stock for purposes of
Section 6.9(e)(v)(B);

               (iii) the payment of any dividend (or, in the case of any partnership or limited liability
company, any similar distribution) by a Restricted Subsidiary of Borrower to the holders of its
Stock on a pro rata basis;

               (iv) the repurchase, redemption, defeasance or other acquisition or retirement for value of
Indebtedness of any Loan Party with the net cash proceeds from a substantially concurrent
incurrence of Refinancing Indebtedness that constitutes Permitted Indebtedness;

               (v) so long as no Default or Event of Default has occurred and is continuing and the
Resolution of the Dillard’s Litigation has occurred, the repurchase, redemption or other
acquisition or retirement for value of any Stock of Borrower or any Restricted Subsidiary of
Borrower held by any current or former officer, director or employee of Borrower or any of its
Restricted Subsidiaries upon their death, disability, retirement, severance or termination of
employment or service; provided that the aggregate cash price paid for all such
repurchased, redeemed, acquired or retired Stock may not exceed $10,000,000 in any fiscal year;

               (vi) the repurchase of Stock deemed to occur upon the exercise of stock options to the extent
such Stock represent a portion of the exercise price of those stock options, and repurchases of
Stock deemed to occur upon the withholding of a portion of the Stock granted or awarded to a
current or former officer, director, employee or consultant to pay for the taxes payable by such
Person upon such grant or award (or upon vesting thereof);

               (vii) the prepayment, repurchase, redemption, defeasance or other acquisition or retirement
for value of Indebtedness represented by the Senior Notes so long as (A) no Default or Event of
Default shall have occurred and be continuing, and (B) either (1) the Resolution of the Dillard’s
Litigation has occurred or (2) the Dillard’s Judgment is reversed by a court of competent
jurisdiction and a new trial is ordered; provided that in respect of the foregoing clause
(2), if a judgment in excess of $100,000,000 is entered against i2 after such new trial, the
Indebtedness represented by the Senior Notes may not at any time be prepaid, repurchased, redeemed,
defeased, acquired or retired for value from and after the date of entry of such judgment;

               (viii) payments of cash, dividends, distributions, advances or other Restricted Payments by
Borrower or any of its Restricted Subsidiaries to allow the payment of cash in lieu of the issuance
of fractional shares upon (A) the exercise of options or warrants or (B) the conversion or exchange
of Capital Stock of any such Person;

               (ix) so long as the Resolution of the Dillard’s Litigation has occurred and no Default or
Event of Default has occurred and is continuing, other Restricted Payments in an aggregate amount
not to exceed $50,000,000; and

               (x) the repurchase by Borrower of up to $10,000,000 of its Stock per fiscal year so long as
(A) no Default or Event of Default has occurred and is continuing, and (B) the proceeds of Advances
are not used to make the repurchase.

The amount of all Restricted Payments (other than cash) will be the Fair Market Value on the date
of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued by
Borrower or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. The
Fair Market Value of any assets or securities that are required to be valued by this Section
6.9 will be determined by the Board of Directors of Borrower whose resolution with respect
thereto will be delivered to Agent.

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     6.10 Accounting Methods. No Loan Party nor any of its Subsidiaries shall directly or
indirectly modify or change its fiscal year or its method of accounting (other than as may be
required to conform to GAAP).

     6.11 Controlled Investments. Other than (a) an aggregate amount of not more than
$500,000 at any one time, in the case of the Loan Parties and their Subsidiaries (other than those
Subsidiaries that are CFCs and other than in respect of Excluded Deposit Accounts and Excluded
Securities Accounts), (b) amounts deposited into Deposit Accounts specially and exclusively used
for payroll, payroll taxes and other employee wage and benefit payments to or for Loan Parties’ or
their Subsidiaries’ employees, and (c) an aggregate amount of not more than $50,000,000 (calculated
at exchange rates in effect on any date of determination) at any one time, in the case of
Subsidiaries of the Loan Parties that are CFCs or in the case of Excluded Deposit Accounts and
Excluded Securities Accounts, from and after the date that is 90 days after the Closing Date, no
Loan Party nor any of its Subsidiaries shall make, acquire, or permit to exist Investments
consisting of cash, Cash Equivalents, or amounts credited to Deposit Accounts or Securities
Accounts unless the applicable Loan Party or the applicable Subsidiary of a Loan Party and the
applicable bank or securities intermediary have entered into Control Agreements with Agent
governing such Investments; provided that the foregoing restriction shall not be applicable
to Subsidiaries of the Loan Parties that are CFCs or with respect to Excluded Deposit Accounts and
Excluded Securities Accounts so long as Borrower and its Subsidiaries have Availability plus
Qualified Cash in excess of $75,000,000; provided further that, if, as of any date of
determination, (i) Permitted Investments in Deposit Accounts and Securities Accounts of CFCs,
Excluded Deposit Accounts, and Excluded Securities Accounts that are not subject to Control
Agreements in favor of Agent are in excess of $50,000,000 (calculated at exchange rates in effect
on any date of determination), and (ii) Borrower and its Subsidiaries have Availability plus
Qualified Cash of $75,000,000 or less, and if such Permitted Investments in excess of $50,000,000
are deposited in a Deposit Account or Securities Account subject to a Control Agreement in favor of
Agent within 30 days of such date, Borrower and its Subsidiaries shall be deemed to be in
compliance with the foregoing Section 6.11(c). Except as otherwise provided in the
foregoing sentence, from and after the date that is 90 days after the Closing Date, no Loan Party
shall establish or maintain any Deposit Account or Securities Account unless Agent shall have
received a Control Agreement in respect of such Deposit Account or Securities Account.

     6.12 Transactions with Affiliates. No Loan Party nor any of its Restricted
Subsidiaries shall directly or indirectly make any payment to or sell, lease, transfer or otherwise
dispose of any of its properties or assets to, or purchase any property or assets from, or enter
into or make or amend any transaction, contract, agreement, understanding, loan, advance or
guarantee with, or for the benefit of, any Affiliate of Borrower (each, an “Affiliate
Transaction”) involving aggregate payments or consideration in excess of $1,000,000, unless:

          (a) the Affiliate Transaction is on terms that are no less favorable to such Loan Party or
such Restricted Subsidiary than those that would have been obtained in a comparable transaction by
such Loan Party or such Restricted Subsidiary with an unrelated Person; and

          (b) Borrower delivers to Agent:

               (i) with respect to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate consideration in excess of $10,000,000, a resolution of the Board of Directors
of such Loan Party or such Restricted Subsidiary set forth in an Officers’ Certificate certifying
that such Affiliate Transaction complies with clause (a) of this Section 6.12 and that such
Affiliate Transaction has been approved by a majority of the disinterested members of the Board of
Directors of such Loan Party or such Restricted Subsidiary; and

               (ii) with respect to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate consideration in excess of $15,000,000, an opinion as to the fairness to such
Loan Party or such Restricted Subsidiary of such Affiliate Transaction from a financial point of
view issued by an accounting, appraisal or investment banking firm of national standing.

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The following items will not be deemed to be Affiliate Transactions and, therefore, will not be
subject to the provisions of Sections 6.12(a) and (b) hereof:

                    (A) any employment agreement, employee benefit plan, officer or director indemnification
agreement or any similar arrangement entered into by any Loan Party or any of its Restricted
Subsidiaries in the ordinary course of business and payments pursuant thereto;

                    (B) transactions between or among Borrower or its Restricted Subsidiaries;

                    (C) transactions with a Person (other than an Unrestricted Subsidiary of Borrower) that is an
Affiliate of Borrower solely because Borrower owns, directly or through a Restricted Subsidiary, an
Investment in, or controls, such Person;

                    (D) payment of reasonable and customary fees and reimbursements of expenses (pursuant to
indemnity arrangements or otherwise) or other compensation (in cash or otherwise) of officers,
directors, employees or consultants of any Loan Party or any of its Restricted Subsidiaries;

                    (E) any issuance of Stock (other than Prohibited Preferred Stock) of Borrower to Affiliates of
Borrower;

                    (F) Restricted Payments that do not violate Section 6.9;

                    (G) loans or advances to employees in the ordinary course of business not to exceed $5,000,000
in the aggregate at any one time outstanding;

                    (H) the performance of any agreement as in effect on the Closing Date or the consummation of
any transaction contemplated thereby (including pursuant to any amendment thereto as long as any
such amendment is not materially adversely disadvantageous to the Lenders);

                    (I) any transaction with an Affiliate where the only consideration paid by any Loan Party or
any Restricted Subsidiary is Stock (other than Prohibited Preferred Stock) (and any payments of
cash in lieu of delivering fractional shares in connection therewith); and

                    (J) any transaction with a joint venture in which Borrower or a Restricted Subsidiary is a
joint venturer and no other Affiliate is a joint venturer, or with any Subsidiary thereof or other
joint venturer therein, pursuant to the joint venture agreement or related agreements for such
joint venture, including any transfers of any equity or ownership interests in any such joint
venture to any other joint venturer therein pursuant to the performance or exercise of any rights
or obligations to make such transfer under the terms of the agreements governing such joint
venture.

     6.13 Use of Proceeds. Borrower shall not use the proceeds of any loan made hereunder
for any purpose other than (a) on the Closing Date, to pay transactional fees, costs, and expenses
incurred in connection with this Agreement, the other Loan Documents, and the transactions
contemplated hereby and thereby, and (b) thereafter, consistent with the terms and conditions
hereof, for their lawful and permitted purposes (including to finance Permitted Acquisitions and
that no part of the proceeds of the loans made to Borrower will be used to purchase or carry any
such Margin Stock or to extend credit to others for the purpose of purchasing or carrying any such
margin stock or for any purpose that violates the provisions of Regulation T, U or X of the Board
of Governors of the United States Federal Reserve).

7. FINANCIAL COVENANTS.

          Borrower covenants and agrees that, until termination of all of the Commitments and payment in
full of the Obligations, Borrower will:

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          (a) Fixed Charge Coverage Ratio. Have a Fixed Charge Coverage Ratio, measured on a
quarter-end basis, of at least the required amount set forth in the following table for the
applicable period set forth opposite thereto:

	 	 	 

	Applicable Ratio
	 	Applicable Period
	 	 	 
	1.75:1.00 
	 	For the 12 month period

ending March 31, 2011 and for each 12 month period ending

as of the last day of each fiscal quarter thereafter

          (b) Total Leverage Ratio. Have a Leverage Ratio, measured on a quarter-end basis, of not
greater than the applicable ratio set forth in the following table for the applicable date set
forth opposite thereto:

	 	 	 

	Applicable Ratio
	 	Applicable Date
	 	 	 
	4.00:1.00 
	 	March 31, 2011 and as of the last day of each fiscal

quarter thereafter

8. EVENTS OF DEFAULT.

          Any one or more of the following events shall constitute an event of default (each, an
“Event of Default”) under this Agreement:

     8.1 If Borrower fails to pay when due and payable, or when declared due and payable, (a) all
or any portion of the Obligations consisting of interest, fees, or charges due the Lender Group,
reimbursement of Lender Group Expenses, or other amounts (other than any portion thereof
constituting principal) constituting Obligations (including any portion thereof that accrues after
the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole
or in part as a claim in any such Insolvency Proceeding), and such failure continues for a period
of 3 Business Days, or (b) all or any portion of the principal of the Obligations;

     8.2 If any Loan Party or any of its Subsidiaries:

          (a) fails to perform or observe any covenant or other agreement contained in any of (i)
Sections 3.6, 5.1, 5.2, 5.3 (solely if Borrower is not in good
standing in its jurisdiction of organization), 5.6, 5.7 (solely if Borrower refuses
to allow Agent or its representatives or agents to visit Borrower’s properties, inspect its assets
or books or records, examine and make copies of its books and records, or discuss Borrower’s
affairs, finances, and accounts with officers and employees of Borrower), 5.10,
5.11, 5.13, or 5.16 of this Agreement, (ii) Sections 6.1 through
6.13 of this Agreement, (iii) Section 7 of this Agreement, or (iv) Section 6 of the
Security Agreement;

          (b) fails to perform or observe any covenant or other agreement contained in any of
Sections 5.3 (other than if Borrower is not in good standing in its jurisdiction of
organization), 5.5, 5.8, and 5.12 of this Agreement and such failure
continues for a period of 10 days after the earlier of (i) the date on which such failure shall
first become known to any officer of Borrower or (ii) the date on which written notice thereof is
given to Borrower by Agent; or

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          (c) fails to perform or observe any covenant or other agreement contained in this
Agreement, or in any of the other Loan Documents, in each case, other than any such covenant
or agreement that is the subject of another provision of this Section 8 (in which event
such other provision of this Section 8 shall govern), and such failure continues for a
period of 30 days after the earlier of (i) the date on which such failure shall first become known
to any officer of Borrower or (ii) the date on which written notice thereof is given to Borrower by
Agent;

     8.3 If one or more judgments, orders, or awards for the payment of money involving an
aggregate amount of $15,000,000, or more (except to the extent fully covered (other than to the
extent of customary deductibles) by insurance pursuant to which the insurer has not denied
coverage) is entered or filed against a Loan Party or any of its Subsidiaries, or with respect to
any of their respective assets, and either (a) there is a period of 30 consecutive days at any time
after the entry of any such judgment, order, or award during which (1) the same is not discharged,
satisfied, vacated, or bonded pending appeal, or (2) a stay of enforcement thereof is not in
effect, or (b) enforcement proceedings are commenced upon such judgment, order, or award;

     8.4 If an Insolvency Proceeding is commenced by a Loan Party or any of its Subsidiaries;

     8.5 If an Insolvency Proceeding is commenced against a Loan Party or any of its Subsidiaries
and any of the following events occur: (a) such Loan Party or such Subsidiary consents to the
institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency
Proceeding is not timely controverted, (c) the petition commencing the Insolvency Proceeding is not
dismissed within 60 calendar days of the date of the filing thereof, (d) an interim trustee is
appointed to take possession of all or any substantial portion of the properties or assets of, or
to operate all or any substantial portion of the business of, such Loan Party or its Subsidiary, or
(e) an order for relief shall have been issued or entered therein;

     8.6 If a Loan Party or any of its Material Subsidiaries is enjoined, restrained, or in any way
prevented by court order from continuing to conduct all or any material part of the business
affairs of Borrower and its Subsidiaries, taken as a whole;

     8.7 If there is a default in one or more agreements to which a Loan Party or any of its
Restricted Subsidiaries is a party with one or more third Persons relative to a Loan Party’s or any
of its Restricted Subsidiaries’ Indebtedness involving an aggregate amount of $15,000,000 or more,
and such default (a) occurs at the final maturity of the obligations thereunder, or (b) results in
a right by such third Person, irrespective of whether exercised, to accelerate the maturity of such
Loan Party’s or its Restricted Subsidiary’s obligations thereunder;

     8.8 If any warranty, representation, certificate, statement, or Record made herein or in any
other Loan Document or delivered in writing to Agent or any Lender in connection with this
Agreement or any other Loan Document proves to be untrue in any material respect (except that such
materiality qualifier shall not be applicable to any representations and warranties that already
are qualified or modified by materiality in the text thereof) as of the date of issuance or making
or deemed making thereof;

     8.9 If the obligation of any Guarantor under the Guaranty is limited or terminated by
operation of law or by such Guarantor (other than in accordance with the terms of this Agreement);

     8.10 If the Security Agreement or any other Loan Document that purports to create a Lien,
shall, for any reason, fail or cease to create a valid and perfected and, except to the extent of
Permitted Liens which are permitted purchase money Liens or the interests of lessors under Capital
Leases, first priority Lien on the Collateral covered thereby, except (a) as a result of a
disposition of the applicable Collateral in a transaction permitted under this Agreement, or (b) as
the result of an action or failure to act on the part of Agent;

     8.11 The validity or enforceability of any Loan Document shall at any time for any reason
(other than solely as the result of an action or failure to act on the part of Agent) be declared
to be null and void, or a proceeding shall be commenced by a Loan Party or its Subsidiaries, or by
any Governmental Authority having

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jurisdiction over a Loan Party or its Subsidiaries, seeking to
establish the invalidity or unenforceability thereof,
or a Loan Party or its Subsidiaries shall deny that such Loan Party or its Subsidiaries has
any liability or obligation purported to be created under any Loan Document; or

     8.12 The occurrence of a Dillard’s Event.

9. RIGHTS AND REMEDIES.

     9.1 Rights and Remedies. Upon the occurrence and during the continuation of an Event
of Default, Agent may, and, at the instruction of the Required Lenders, shall (in each case under
clauses (a) or (b) by written notice to Borrower), in addition to any other rights or remedies
provided for hereunder or under any other Loan Document or by applicable law, do any one or more of
the following:

          (a) declare the Obligations (other than the Bank Product Obligations), whether evidenced by
this Agreement or by any of the other Loan Documents immediately due and payable, whereupon the
same shall become and be immediately due and payable and Borrower shall be obligated to repay all
of such Obligations in full, without presentment, demand, protest, or further notice or other
requirements of any kind, all of which are hereby expressly waived by Borrower;

          (b) declare the Commitments terminated, whereupon the Commitments shall immediately be
terminated together with (i) any obligation of any Lender hereunder to make Advances, (ii) the
obligation of the Swing Lender to make Swing Loans, and (iii) the obligation of the Issuing Lender
to issue Letters of Credit; and

          (c) exercise all other rights and remedies available to Agent or the Lenders under the Loan
Documents or applicable law.

The foregoing to the contrary notwithstanding, upon the occurrence of any Event of Default
described in Section 8.4 or Section 8.5, in addition to the remedies set forth
above, without any notice to Borrower or any other Person or any act by the Lender Group, the
Commitments shall automatically terminate and the Obligations (other than the Bank Product
Obligations), inclusive of all accrued and unpaid interest thereon and all fees and all other
amounts owing under this Agreement or under any of the other Loan Documents, shall automatically
and immediately become due and payable and Borrower shall be obligated to repay all of such
Obligations in full, without presentment, demand, protest, or notice of any kind, all of which are
expressly waived by Borrower.

     9.2 Remedies Cumulative. The rights and remedies of the Lender Group under this
Agreement, the other Loan Documents, and all other agreements shall be cumulative. The Lender
Group shall have all other rights and remedies not inconsistent herewith as provided under the
Code, by law, or in equity. No exercise by the Lender Group of one right or remedy shall be deemed
an election, and no waiver by the Lender Group of any Event of Default shall be deemed a continuing
waiver. No delay by the Lender Group shall constitute a waiver, election, or acquiescence by it.

10. WAIVERS; INDEMNIFICATION.

     10.1 Demand; Protest; etc. Borrower waives demand, protest, notice of protest, notice
of default or dishonor, notice of payment and nonpayment, nonpayment at maturity, release,
compromise, settlement, extension, or renewal of documents, instruments, chattel paper, and
guarantees at any time held by the Lender Group on which Borrower may in any way be liable.

     10.2 The Lender Group’s Liability for Collateral. Borrower hereby agrees that: (a)
so long as Agent complies with its obligations, if any, under the Code, the Lender Group shall not
in any way or manner be liable or responsible for: (i) the safekeeping of the Collateral, (ii) any
loss or damage thereto occurring or arising in any manner or fashion from any cause, (iii) any
diminution in the value thereof, or (iv) any act or

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default of any carrier, warehouseman, bailee,
forwarding agency, or other Person, and (b) all risk of loss,
damage, or destruction of the Collateral shall be borne by Borrower.

     10.3 Indemnification.

          (a) Borrower shall pay, indemnify, defend, and hold the Agent-Related Persons, the
Lender-Related Persons, and each Participant (each, an “Indemnified Person”) harmless (to
the fullest extent permitted by law) from and against any and all claims, demands, suits, actions,
investigations, proceedings, liabilities, fines, costs, penalties, and damages, and all reasonable
fees and disbursements of attorneys, experts, or consultants and all other costs and expenses
actually incurred in connection therewith or in connection with the enforcement of this
indemnification (as and when they are incurred and irrespective of whether suit is brought), at any
time asserted against, imposed upon, or incurred by any of them (a) in connection with or as a
result of or related to the execution and delivery (provided that Borrower shall not be liable for
costs and expenses (including attorneys fees) of any Lender (other than WFCF) incurred in advising,
structuring, drafting, reviewing, administering or syndicating the Loan Documents), enforcement,
performance, or administration (including any restructuring or workout with respect hereto) of this
Agreement, any of the other Loan Documents, or the transactions contemplated hereby or thereby or
the monitoring of Borrower’s and its Subsidiaries’ compliance with the terms of the Loan Documents
(provided, however, that the indemnification in this clause (a) shall not extend to
(i) disputes solely between or among the Lenders or (ii) disputes solely between or among the
Lenders and their respective Affiliates; it being understood and agreed that the indemnification in
this clause (a) shall extend to Agent (but not the Lenders) relative to disputes between or among
Agent on the one hand, and one or more Lenders, or one or more of their Affiliates, on the other
hand, or (iii) any Taxes or any costs attributable to Taxes, which shall governed by Section
16), (b) with respect to any investigation, litigation, or proceeding related to this
Agreement, any other Loan Document, or the use of the proceeds of the credit provided hereunder
(irrespective of whether any Indemnified Person is a party thereto), or any act, omission, event,
or circumstance in any manner related thereto, and (c) in connection with or arising out of any
presence or release of Hazardous Materials at, on, under, to or from any assets or properties
owned, leased or operated by Borrower or any of its Subsidiaries or any Environmental Actions,
Environmental Liabilities or Remedial Actions related in any way to any such assets or properties
of Borrower or any of its Subsidiaries (each and all of the foregoing, the “Indemnified
Liabilities”). The foregoing to the contrary notwithstanding, Borrower shall not have any
obligation to any Indemnified Person under this Section 10.3 with respect to any
Indemnified Liability that a court of competent jurisdiction finally determines to have resulted
from the gross negligence or willful misconduct of such Indemnified Person or its officers,
directors, employees, attorneys, or agents. This provision shall survive the termination of this
Agreement and the repayment of the Obligations. If any Indemnified Person makes any payment to any
other Indemnified Person with respect to an Indemnified Liability as to which Borrower was required
to indemnify the Indemnified Person receiving such payment, the Indemnified Person making such
payment is entitled to be indemnified and reimbursed by Borrower with respect thereto. WITHOUT
LIMITATION, THE FOREGOING INDEMNITY SHALL APPLY TO EACH INDEMNIFIED PERSON WITH RESPECT TO
INDEMNIFIED LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY NEGLIGENT ACT
OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY OTHER PERSON.

          (b) To the extent permitted by applicable law, no Loan Party shall assert, and each Loan Party
hereby waives, any claim against Lenders, Agent and their respective Affiliates, directors,
employees, attorneys or agents, on any theory of liability, for special, indirect, consequential or
punitive damages (as opposed to direct or actual damages) (whether or not the claim therefor is
based on contract, tort or duty imposed by any applicable legal requirement) arising out of, in
connection with, as a result of, or in any way related to, this Agreement or any other Loan
Document or any agreement or instrument contemplated hereby or thereby or referred to herein or
therein, the transactions contemplated hereby or thereby, any Loan or the use of the proceeds
thereof or any act or omission or event occurring in connection therewith, and each Loan Party
hereby waives, releases and agrees not to sue upon any such claim or any such damages, whether or
not accrued and whether or not known or suspected to exist in its favor.

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11. NOTICES.

          Unless otherwise provided in this Agreement, all notices or demands relating to this Agreement
or any other Loan Document shall be in writing and (except for financial statements and other
informational documents which may be sent by first-class mail, postage prepaid) shall be personally
delivered or sent by registered or certified mail (postage prepaid, return receipt requested),
overnight courier, electronic mail (at such email addresses as a party may designate in accordance
herewith), or telefacsimile. In the case of notices or demands to Borrower or Agent, as the case
may be, they shall be sent to the respective address set forth below:

	 	 	 

	If to Borrower:

	 	JDA SOFTWARE GROUP, INC.
	 

	 	14400 North 87th Street
	 

	 	Scottsdale, Arizona
	 

	 	Attn: General Counsel
	 

	 	Fax No.: (408) 308-3001
	 
	 	 
	with copies to:

	 	COOLEY LLP
	 

	 	101 California Street

5th Floor

San Francisco, CA 94111
	 

	 	Attn: Joseph Scherer
	 

	 	Fax No.: (415) 693-2222
	 
	 	 
	If to Agent:

	 	WELLS FARGO CAPITAL FINANCE, LLC
	 

	 	2450 Colorado Avenue
	 

	 	Suite 3000 West
	 

	 	Santa Monica, CA 90404
	 

	 	Attn: Technology Finance Manager
	 

	 	Fax No.: (310) 453-7413
	 
	 	 
	with copies to:

	 	PAUL, HASTINGS, JANOFSKY & WALKER LLP
	 

	 	515 South Flower Street, 25th Floor
	 

	 	Los Angeles, CA 90071
	 

	 	Attn: John Francis Hilson, Esq.

          Any party hereto may change the address at which they are to receive notices hereunder, by
notice in writing in the foregoing manner given to the other party. All notices or demands sent in
accordance with this Section 11, shall be deemed received on the earlier of the date of
actual receipt or 3 Business Days after the deposit thereof in the mail; provided, that (a)
notices sent by overnight courier service shall be deemed to have been given when received, (b)
notices by facsimile shall be deemed to have been given when sent (except that, if not given during
normal business hours for the recipient, shall be deemed to have been given at the opening of
business on the next Business Day for the recipient) and (c) notices by electronic mail shall be
deemed received upon the sender’s receipt of an acknowledgment from the intended recipient (such as
by the “return receipt requested” function, as available, return email or other written
acknowledgment) (except that, if not given during normal business hours for the recipient, shall be
deemed to have been given at the opening of business on the next Business Day for the recipient).

12. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER.

          (a) THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO
THE CONTRARY IN ANOTHER LOAN

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DOCUMENT IN RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND
ENFORCEMENT HEREOF AND THEREOF, AND THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO
ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO SHALL BE DETERMINED UNDER,
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA

          (b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS
AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE
EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES STATE OF
CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY
COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION
WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND.
BORROWER AND EACH MEMBER OF THE LENDER GROUP WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW,
ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR
TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION
12(b).

          (c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND EACH MEMBER OF THE LENDER
GROUP HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED
UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN,
INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR
STATUTORY CLAIMS. BORROWER AND EACH MEMBER OF THE LENDER GROUP REPRESENT THAT EACH HAS REVIEWED
THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION
WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN
CONSENT TO A TRIAL BY THE COURT.

          (d) BORROWER HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF
THE STATE AND FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES AND THE STATE OF CALIFORNIA, IN
ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENTS, OR FOR RECOGNITION OR
ENFORCEMENT OF ANY JUDGMENT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH
ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE
JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT SHALL AFFECT ANY RIGHT THAT AGENT MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN
THE COURTS OF ANY JURISDICTION.

13. ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS.

     13.1 Assignments and Participations.

          (a) With the prior written consent of Borrower (which consent of Borrower (x) shall not be
unreasonably withheld, delayed or conditioned, (y) shall not be required (1) if an Event of Default
has occurred and is continuing or (2) in connection with an assignment to a Person that is a Lender
or an Affiliate (other than individuals) of a Lender and (z) shall be deemed to have been given
unless Borrower provides written notice by written notice to Agent of its objection to such
proposed assignment within 5 Business Days

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after having received notice thereof), and with the prior written consent of Agent, which
consent of Agent shall not be unreasonably withheld, delayed or conditioned, and shall not be
required in connection with an assignment to a Person that is a Lender or an Affiliate (other than
individuals) of a Lender, any Lender may assign and delegate to one or more assignees (each, an
“Assignee”; provided, however, that no Loan Party or Affiliate of a Loan
Party shall be permitted to become an Assignee) all or any portion of the Obligations, the
Commitments and the other rights and obligations of such Lender hereunder and under the other Loan
Documents, in a minimum amount (unless waived by Agent) of $5,000,000 (except such minimum amount
shall not apply to (A) an assignment or delegation by any Lender to any other Lender or an
Affiliate of any Lender, (B) a group of new Lenders, each of which is an Affiliate of each other or
a Related Fund of such new Lender to the extent that the aggregate amount to be assigned to all
such new Lenders is at least $5,000,000, or (C) an assignment or delegation by any Lender of all of
such Lender’s Obligations, Commitments and other rights and obligations hereunder and under the
other Loan Documents); provided, however, that Borrower and Agent may continue to
deal solely and directly with such Lender in connection with the interest so assigned to an
Assignee until (i) written notice of such assignment, together with payment instructions,
addresses, and related information with respect to the Assignee, have been given to Borrower and
Agent by such Lender and the Assignee, (ii) such Lender and its Assignee have delivered to Borrower
and Agent an Assignment and Acceptance and Agent has notified the assigning Lender of its receipt
thereof in accordance with Section 13.1(b), and (iii) unless waived by Agent, the assigning
Lender or Assignee has paid to Agent for Agent’s separate account a processing fee in the amount of
$3,500.

          (b) From and after the date that Agent notifies the assigning Lender (with a copy to Borrower)
that it has received an executed Assignment and Acceptance and, if applicable, payment of the
required processing fee, (i) the Assignee thereunder shall be a party hereto and, to the extent
that rights and obligations hereunder have been assigned to it pursuant to such Assignment and
Acceptance, shall be a “Lender” and shall have the rights and obligations of a Lender under the
Loan Documents, and (ii) the assigning Lender shall, to the extent that rights and obligations
hereunder and under the other Loan Documents have been assigned by it pursuant to such Assignment
and Acceptance, relinquish its rights (except with respect to Section 10.3) and be released
from any future obligations under this Agreement (and in the case of an Assignment and Acceptance
covering all or the remaining portion of an assigning Lender’s rights and obligations under this
Agreement and the other Loan Documents, such Lender shall cease to be a party hereto and thereto);
provided, however, that nothing contained herein shall release any assigning Lender
from obligations that survive the termination of this Agreement, including such assigning Lender’s
obligations under Section 15 and Section 17.9(a).

          (c) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder
and the Assignee thereunder confirm to and agree with each other and the other parties hereto as
follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes
no representation or warranty and assumes no responsibility with respect to any statements,
warranties or representations made in or in connection with this Agreement or the execution,
legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any
other Loan Document furnished pursuant hereto, (ii) such assigning Lender makes no representation
or warranty and assumes no responsibility with respect to the financial condition of Borrower or
the performance or observance by Borrower of any of its obligations under this Agreement or any
other Loan Document furnished pursuant hereto, (iii) such Assignee confirms that it has received a
copy of this Agreement, together with such other documents and information as it has deemed
appropriate to make its own credit analysis and decision to enter into such Assignment and
Acceptance, (iv) such Assignee will, independently and without reliance upon Agent, such assigning
Lender or any other Lender, and based on such documents and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or not taking action
under this Agreement, (v) such Assignee appoints and authorizes Agent to take such actions and to
exercise such powers under this Agreement and the other Loan Documents as are delegated to Agent,
by the terms hereof and thereof, together with such powers as are reasonably incidental thereto,
and (vi) such Assignee agrees that it will perform all of the obligations which by the terms of
this Agreement are required to be performed by it as a Lender.

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          (d) Immediately upon Agent’s receipt of the required processing fee, if applicable, and
delivery of notice to the assigning Lender pursuant to Section 13.1(b), this Agreement
shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the
addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The
Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender pro
tanto.

          (e) Any Lender may at any time sell to one or more commercial banks, financial institutions,
or other Persons (a “Participant”) participating interests in all or any portion of its
Obligations, its Commitment, and the other rights and interests of that Lender (the
“Originating Lender”) hereunder and under the other Loan Documents; provided,
however, that (i) the Originating Lender shall remain a “Lender” for all purposes of this
Agreement and the other Loan Documents and the Participant receiving the participating interest in
the Obligations, the Commitments, and the other rights and interests of the Originating Lender
hereunder shall not constitute a “Lender” hereunder or under the other Loan Documents and the
Originating Lender’s obligations under this Agreement shall remain unchanged, (ii) the Originating
Lender shall remain solely responsible for the performance of such obligations, (iii) Borrower,
Agent, and the Lenders shall continue to deal solely and directly with the Originating Lender in
connection with the Originating Lender’s rights and obligations under this Agreement and the other
Loan Documents, (iv) no Lender shall transfer or grant any participating interest under which the
Participant has the right to approve any amendment to, or any consent or waiver with respect to,
this Agreement or any other Loan Document, except to the extent such amendment to, or consent or
waiver with respect to this Agreement or of any other Loan Document would (A) extend the final
maturity date of the Obligations hereunder in which such Participant is participating, (B) reduce
the interest rate applicable to the Obligations hereunder in which such Participant is
participating, (C) release all or substantially all of the Collateral or guaranties (except to the
extent expressly provided herein or in any of the Loan Documents) supporting the Obligations
hereunder in which such Participant is participating, (D) postpone the payment of, or reduce the
amount of, the interest or fees payable to such Participant through such Lender (other than a
waiver of default interest), or (E) decreases the amount or postpones the due dates of scheduled
principal repayments or prepayments or premiums payable to such Participant through such Lender,
and (v) all amounts payable by Borrower hereunder shall be determined as if such Lender had not
sold such participation, except that, if amounts outstanding under this Agreement are due and
unpaid, or shall have been declared or shall have become due and payable upon the occurrence of an
Event of Default, each Participant shall be deemed to have the right of set off in respect of its
participating interest in amounts owing under this Agreement to the same extent as if the amount of
its participating interest were owing directly to it as a Lender under this Agreement. The rights
of any Participant only shall be derivative through the Originating Lender with whom such
Participant participates and no Participant shall have any rights under this Agreement or the other
Loan Documents or any direct rights as to the other Lenders, Agent, Borrower, the Collections of
Borrower or its Restricted Subsidiaries, the Collateral, or otherwise in respect of the
Obligations. No Participant shall have the right to participate directly in the making of
decisions by the Lenders among themselves.

          (f) In connection with any such assignment or participation or proposed assignment or
participation or any grant of a security interest in, or pledge of, its rights under and interest
in this Agreement, a Lender may, subject to the provisions of Section 17.9, disclose all
documents and information which it now or hereafter may have relating to Borrower and its
Subsidiaries and their respective businesses.

          (g) Any other provision in this Agreement notwithstanding, any Lender may at any time create a
security interest in, or pledge, all or any portion of its rights under and interest in this
Agreement in favor of any Federal Reserve Bank in accordance with Regulation A of the Federal
Reserve Bank or U.S. Treasury Regulation 31 CFR §203.24, and such Federal Reserve Bank may enforce
such pledge or security interest in any manner permitted under applicable law.

     13.2 Successors. This Agreement shall bind and inure to the benefit of the respective
successors and assigns of each of the parties; provided, however, that Borrower may
not assign this Agreement or any rights or duties hereunder without the Lenders’ prior written
consent and any prohibited assignment shall be absolutely void ab initio. No consent to assignment
by the Lenders shall release Borrower from its

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Obligations. A Lender may assign this Agreement and the other Loan Documents and its rights
and duties hereunder and thereunder pursuant to Section 13.1 and, except as expressly
required pursuant to Section 13.1, no consent or approval by Borrower is required in
connection with any such assignment.

14. AMENDMENTS; WAIVERS.

     14.1 Amendments and Waivers.

          (a) No amendment, waiver or other modification of any provision of this Agreement or any other
Loan Document (other than the Fee Letter), and no consent with respect to any departure by Borrower
therefrom, shall be effective unless the same shall be in writing and signed by the Required
Lenders (or by Agent at the written request of the Required Lenders) and the Loan Parties that are
party thereto and then any such waiver or consent shall be effective, but only in the specific
instance and for the specific purpose for which given; provided, however, that no
such waiver, amendment, or consent shall, unless in writing and also signed by all of the Lenders
directly affected thereby and all of the Loan Parties that are party thereto, do any of the
following:

               (i) increase the amount of or extend the expiration date of any Commitment of any Lender or
amend, modify, or eliminate the last sentence of Section 2.4(c)(i),

               (ii) postpone or delay any date fixed by this Agreement or any other Loan Document for any
payment of principal, interest, fees, or other amounts due hereunder or under any other Loan
Document,

               (iii) reduce the principal of, or the rate of interest on, any loan or other extension of
credit hereunder, or reduce any fees or other amounts payable hereunder or under any other Loan
Document (except (y) in connection with the waiver of applicability of Section 2.6(c)
(which waiver shall be effective with the written consent of the Required Lenders), and (z) that
any amendment or modification of defined terms used in the financial covenants in this Agreement
shall not constitute a reduction in the rate of interest or a reduction of fees for purposes of
this clause (iii)),

               (iv) amend, modify, or eliminate this Section 14.1(a) or any provision of this
Agreement providing for consent or other action by all Lenders,

               (v) amend, modify or eliminate Section 15.11,

               (vi) other than as permitted by Section 15.11, release Agent’s Lien in and to any of
the Collateral,

               (vii) amend, modify, or eliminate the definition of “Required Lenders” or “Pro Rata Share”,

               (viii) contractually subordinate any of Agent’s Liens,

               (ix) other than in connection with a merger, liquidation, dissolution or sale of such Person
expressly permitted by the terms hereof or the other Loan Documents, release Borrower or any
Guarantor from any obligation for the payment of money or consent to the assignment or transfer by
Borrower or any Guarantor of any of its rights or duties under this Agreement or the other Loan
Documents,

               (x) amend, modify, or eliminate any of the provisions of Section 2.4(b)(i) or
(ii),

               (xi) amend, modify, or eliminate any of the provisions of Section 13.1(a) to permit a
Loan Party or an Affiliate of a Loan Party to become an Assignee, or

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               (xii) amend, modify, or eliminate the definition of Maximum Revolver Amount (except for any
amendment or modification pursuant to Section 2.14).

          (b) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive
(i) the definition of, or any of the terms or provisions of, the Fee Letter, without the written
consent of Agent and Borrower (and shall not require the written consent of any of the Lenders),
and (ii) any provision of Section 15 pertaining to Agent, or any other rights or duties of
Agent under this Agreement or the other Loan Documents, without the written consent of Agent,
Borrower, and the Required Lenders,

          (c) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive
any provision of this Agreement or the other Loan Documents pertaining to Issuing Lender, or any
other rights or duties of Issuing Lender under this Agreement or the other Loan Documents, without
the written consent of Issuing Lender, Agent, Borrower, and the Required Lenders,

          (d) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive
any provision of this Agreement or the other Loan Documents pertaining to Swing Lender, or any
other rights or duties of Swing Lender under this Agreement or the other Loan Documents, without
the written consent of Swing Lender, Agent, Borrower, and the Required Lenders,

          (e) Anything in this Section 14.1 to the contrary notwithstanding, (i) any amendment,
modification, elimination, waiver, consent, termination, or release of, or with respect to, any
provision of this Agreement or any other Loan Document that relates only to the relationship of the
Lender Group among themselves, and that does not affect the rights or obligations of Borrower,
shall not require consent by or the agreement of any Loan Party, and (ii) any amendment, waiver,
modification, elimination, or consent of or with respect to any provision of this Agreement or any
other Loan Document may be entered into without the consent of, or over the objection of, any
Defaulting Lender other than any of the matters governed by Section 14.1(a)(i) through
(iv).

     14.2 Replacement of Certain Lenders.

          (a) If (i) any action to be taken by the Lender Group or Agent hereunder requires the consent,
authorization, or agreement of all Lenders or all Lenders affected thereby and if such action has
received the consent, authorization, or agreement of the Required Lenders but not of all Lenders or
all Lenders affected thereby, or (ii) any Lender makes a claim for compensation under Section 16,
then Borrower or Agent, upon at least 5 Business Days prior irrevocable notice, may permanently
replace any Lender that failed to give its consent, authorization, or agreement (a “Holdout
Lender”) or any Lender that made a claim for compensation (a “Tax Lender”) with one or
more Replacement Lenders, and the Holdout Lender or Tax Lender, as applicable, shall have no right
to refuse to be replaced hereunder. Such notice to replace the Holdout Lender or Tax Lender, as
applicable, shall specify an effective date for such replacement, which date shall not be later
than 15 Business Days after the date such notice is given.

          (b) Prior to the effective date of such replacement, the Holdout Lender or Tax Lender, as
applicable, and each Replacement Lender shall execute and deliver an Assignment and Acceptance,
subject only to the Holdout Lender or Tax Lender, as applicable, being repaid in full its share of
the outstanding Obligations (without any premium or penalty of any kind whatsoever, but including
(i) all interest, fees and other amounts that may be due in payable in respect thereof, and (ii) an
assumption of its Pro Rata Share of the Letters of Credit). If the Holdout Lender or Tax Lender,
as applicable, shall refuse or fail to execute and deliver any such Assignment and Acceptance prior
to the effective date of such replacement, Agent may, but shall not be required to, execute and
deliver such Assignment and Acceptance in the name or and on behalf of the Holdout Lender or Tax
Lender, as applicable, and irrespective of whether Agent executes and delivers such Assignment and
Acceptance, the Holdout Lender or Tax Lender, as applicable, shall be deemed to have executed and
delivered such Assignment and Acceptance. The replacement of any Holdout Lender or Tax Lender, as
applicable, shall be made in accordance with the terms of Section 13.1. Until such time as
one or more Replacement Lenders shall have acquired all of the Obligations, the Commitments, and
the other rights

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and obligations of the Holdout Lender or Tax Lender, as applicable, hereunder and under the
other Loan Documents, the Holdout Lender or Tax Lender, as applicable, shall remain obligated to
make the Holdout Lender’s or Tax Lender’s, as applicable, Pro Rata Share of Advances and to
purchase a participation in each Letter of Credit, in an amount equal to its Pro Rata Share of such
Letters of Credit.

     14.3 No Waivers; Cumulative Remedies. No failure by Agent or any Lender to exercise
any right, remedy, or option under this Agreement or any other Loan Document, or delay by Agent or
any Lender in exercising the same, will operate as a waiver thereof. No waiver by Agent or any
Lender will be effective unless it is in writing, and then only to the extent specifically stated.
No waiver by Agent or any Lender on any occasion shall affect or diminish Agent’s and each Lender’s
rights thereafter to require strict performance by Borrower of any provision of this Agreement.
Agent’s and each Lender’s rights under this Agreement and the other Loan Documents will be
cumulative and not exclusive of any other right or remedy that Agent or any Lender may have.

15. AGENT; THE LENDER GROUP.

     15.1 Appointment and Authorization of Agent. Each Lender hereby designates and
appoints WFCF as its agent under this Agreement and the other Loan Documents and each Lender hereby
irrevocably authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider
shall be deemed to designate, appoint, and authorize) Agent to execute and deliver each of the
other Loan Documents on its behalf and to take such other action on its behalf under the provisions
of this Agreement and each other Loan Document and to exercise such powers and perform such duties
as are expressly delegated to Agent by the terms of this Agreement or any other Loan Document,
together with such powers as are reasonably incidental thereto. Agent agrees to act as agent for
and on behalf of the Lenders (and the Bank Product Providers) on the conditions contained in this
Section 15. Any provision to the contrary contained elsewhere in this Agreement or in any
other Loan Document notwithstanding, Agent shall not have any duties or responsibilities, except
those expressly set forth herein or in the other Loan Documents, nor shall Agent have or be deemed
to have any fiduciary relationship with any Lender (or Bank Product Provider), and no implied
covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Loan Document or otherwise exist against Agent. Without limiting the
generality of the foregoing, the use of the term “agent” in this Agreement or the other Loan
Documents with reference to Agent is not intended to connote any fiduciary or other implied (or
express) obligations arising under agency doctrine of any applicable law. Instead, such term is
used merely as a matter of market custom, and is intended to create or reflect only a
representative relationship between independent contracting parties. Each Lender hereby further
authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be
deemed to authorize) Agent to act as the secured party under each of the Loan Documents that create
a Lien on any item of Collateral. Except as expressly otherwise provided in this Agreement, Agent
shall have and may use its sole discretion with respect to exercising or refraining from exercising
any discretionary rights or taking or refraining from taking any actions that Agent expressly is
entitled to take or assert under or pursuant to this Agreement and the other Loan Documents.
Without limiting the generality of the foregoing, or of any other provision of the Loan Documents
that provides rights or powers to Agent, Lenders agree that Agent shall have the right to exercise
the following powers as long as this Agreement remains in effect: (a) maintain, in accordance with
its customary business practices, ledgers and records reflecting the status of the Obligations, the
Collateral, the Collections of Borrower and its Restricted Subsidiaries, and related matters, (b)
execute or file any and all financing or similar statements or notices, amendments, renewals,
supplements, documents, instruments, proofs of claim, notices and other written agreements with
respect to the Loan Documents, (c) make Advances, for itself or on behalf of Lenders, as provided
in the Loan Documents, (d) exclusively receive, apply, and distribute the Collections of Borrower
and its Restricted Subsidiaries as provided in the Loan Documents, (e) open and maintain such bank
accounts and cash management arrangements as Agent deems necessary and appropriate in accordance
with the Loan Documents for the foregoing purposes with respect to the Collateral and the
Collections of Borrower and its Restricted Subsidiaries, (f) perform, exercise, and enforce any and
all other rights and remedies of the Lender Group with respect to Borrower or its Subsidiaries, the
Obligations, the Collateral, the Collections of Borrower and its Restricted Subsidiaries, or
otherwise related

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to any of same as provided in the Loan Documents, and (g) incur and pay such Lender Group
Expenses as Agent may deem necessary or appropriate for the performance and fulfillment of its
functions and powers pursuant to the Loan Documents.

     15.2 Delegation of Duties. Agent may execute any of its duties under this Agreement
or any other Loan Document by or through agents, employees or attorneys in fact and shall be
entitled to advice of counsel concerning all matters pertaining to such duties. Agent shall not be
responsible for the negligence or misconduct of any agent or attorney in fact that it selects as
long as such selection was made without gross negligence or willful misconduct.

     15.3 Liability of Agent. None of the Agent-Related Persons shall (a) be liable for
any action taken or omitted to be taken by any of them under or in connection with this Agreement
or any other Loan Document or the transactions contemplated hereby (except for its own gross
negligence or willful misconduct), or (b) be responsible in any manner to any of the Lenders (or
Bank Product Providers) for any recital, statement, representation or warranty made by Borrower or
any of its Subsidiaries or Affiliates, or any officer or director thereof, contained in this
Agreement or in any other Loan Document, or in any certificate, report, statement or other document
referred to or provided for in, or received by Agent under or in connection with, this Agreement or
any other Loan Document, or the validity, effectiveness, genuineness, enforceability or sufficiency
of this Agreement or any other Loan Document, or for any failure of Borrower or its Subsidiaries or
any other party to any Loan Document to perform its obligations hereunder or thereunder. No
Agent-Related Person shall be under any obligation to any Lenders (or Bank Product Providers) to
ascertain or to inquire as to the observance or performance of any of the agreements contained in,
or conditions of, this Agreement or any other Loan Document, or to inspect the books and records or
properties of Borrower or its Subsidiaries.

     15.4 Reliance by Agent. Agent shall be entitled to rely, and shall be fully protected
in relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter,
telegram, telefacsimile or other electronic method of transmission, telex or telephone message,
statement or other document or conversation believed by it to be genuine and correct and to have
been signed, sent, or made by the proper Person or Persons, and upon advice and statements of legal
counsel (including counsel to Borrower or counsel to any Lender), independent accountants and other
experts selected by Agent. Agent shall be fully justified in failing or refusing to take any
action under this Agreement or any other Loan Document unless Agent shall first receive such advice
or concurrence of the Lenders as it deems appropriate and until such instructions are received,
Agent shall act, or refrain from acting, as it deems advisable. If Agent so requests, it shall
first be indemnified to its reasonable satisfaction by the Lenders (and, if it so elects, the Bank
Product Providers) against any and all liability and expense that may be incurred by it by reason
of taking or continuing to take any such action. Agent shall in all cases be fully protected in
acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance
with a request or consent of the Required Lenders and such request and any action taken or failure
to act pursuant thereto shall be binding upon all of the Lenders (and Bank Product Providers).

     15.5 Notice of Default or Event of Default. Agent shall not be deemed to have
knowledge or notice of the occurrence of any Default or Event of Default, except with respect to
defaults in the payment of principal, interest, fees, and expenses required to be paid to Agent for
the account of the Lenders and, except with respect to Events of Default of which Agent has actual
knowledge, unless Agent shall have received written notice from a Lender or Borrower referring to
this Agreement, describing such Default or Event of Default, and stating that such notice is a
“notice of default.” Agent promptly will notify the Lenders of its receipt of any such notice or
of any Event of Default of which Agent has actual knowledge. If any Lender obtains actual
knowledge of any Event of Default, such Lender promptly shall notify the other Lenders and Agent of
such Event of Default. Each Lender shall be solely responsible for giving any notices to its
Participants, if any. Subject to Section 15.4, Agent shall take such action with respect
to such Default or Event of Default as may be requested by the Required Lenders in accordance with
Section 9; provided, however, that unless and until Agent has received any
such request, Agent may (but shall not be obligated to) take such

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action, or refrain from taking
such action, with respect to such Default or Event of Default as it shall deem
advisable.

     15.6 Credit Decision. Each Lender (and Bank Product Provider) acknowledges that none
of the Agent-Related Persons has made any representation or warranty to it, and that no act by
Agent hereinafter taken, including any review of the affairs of Borrower and its Subsidiaries or
Affiliates, shall be deemed to constitute any representation or warranty by any Agent-Related
Person to any Lender (or Bank Product Provider). Each Lender represents (and by entering into a
Bank Product Agreement, each Bank Product Provider shall be deemed to represent) to Agent that it
has, independently and without reliance upon any Agent-Related Person and based on such due
diligence, documents and information as it has deemed appropriate, made its own appraisal of and
investigation into the business, prospects, operations, property, financial and other condition and
creditworthiness of Borrower or any other Person party to a Loan Document, and all applicable bank
regulatory laws relating to the transactions contemplated hereby, and made its own decision to
enter into this Agreement and to extend credit to Borrower. Each Lender also represents (and by
entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to represent)
that it will, independently and without reliance upon any Agent-Related Person and based on such
documents and information as it shall deem appropriate at the time, continue to make its own credit
analysis, appraisals and decisions in taking or not taking action under this Agreement and the
other Loan Documents, and to make such investigations as it deems necessary to inform itself as to
the business, prospects, operations, property, financial and other condition and creditworthiness
of Borrower or any other Person party to a Loan Document. Except for notices, reports, and other
documents expressly herein required to be furnished to the Lenders by Agent, Agent shall not have
any duty or responsibility to provide any Lender (or Bank Product Provider) with any credit or
other information concerning the business, prospects, operations, property, financial and other
condition or creditworthiness of Borrower or any other Person party to a Loan Document that may
come into the possession of any of the Agent-Related Persons. Each Lender acknowledges (and by
entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge)
that Agent does not have any duty or responsibility, either initially or on a continuing basis
(except to the extent, if any, that is expressly specified herein) to provide such Lender (or Bank
Product Provider) with any credit or other information with respect to Borrower, its Affiliates or
any of their respective business, legal, financial or other affairs, and irrespective of whether
such information came into Agent’s or its Affiliates’ or representatives’ possession before or
after the date on which such Lender became a party to this Agreement (or such Bank Product Provider
entered into a Bank Product Agreement).

     15.7 Costs and Expenses; Indemnification. Agent may incur and pay Lender Group
Expenses to the extent Agent reasonably deems necessary or appropriate for the performance and
fulfillment of its functions, powers, and obligations pursuant to the Loan Documents, including
court costs, attorneys fees and expenses, fees and expenses of financial accountants, advisors,
consultants, and appraisers, costs of collection by outside collection agencies, auctioneer fees
and expenses, and costs of security guards or insurance premiums paid to maintain the Collateral,
whether or not Borrower is obligated to reimburse Agent or Lenders for such expenses pursuant to
this Agreement or otherwise. Agent is authorized and directed to deduct and retain sufficient
amounts from the Collections of Borrower and its Restricted Subsidiaries received by Agent to
reimburse Agent for such out-of-pocket costs and expenses prior to the distribution of any amounts
to Lenders (or Bank Product Providers). In the event Agent is not reimbursed for such costs and
expenses by Borrower or its Subsidiaries, each Lender hereby agrees that it is and shall be
obligated to pay to Agent such Lender’s ratable thereof. Whether or not the transactions
contemplated hereby are consummated, each of the Lenders, on a ratable basis, shall indemnify and
defend the Agent-Related Persons (to the extent not reimbursed by or on behalf of Borrower and
without limiting the obligation of Borrower to do so) from and against any and all Indemnified
Liabilities; provided, however, that no Lender shall be liable for the payment to
any Agent-Related Person of any portion of such Indemnified Liabilities resulting solely from such
Person’s gross negligence or willful misconduct nor shall any Lender be liable for the obligations
of any Defaulting Lender in failing to make an Advance or other extension of credit hereunder.
Without limitation of the foregoing, each Lender shall reimburse Agent upon demand for such
Lender’s ratable share of any costs or out of pocket expenses (including attorneys, accountants,
advisors, and consultants fees and expenses) incurred by Agent in

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connection with the preparation,
execution, delivery, administration, modification, amendment, or enforcement
(whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect
of rights or responsibilities under, this Agreement or any other Loan Document to the extent that
Agent is not reimbursed for such expenses by or on behalf of Borrower. The undertaking in this
Section shall survive the payment of all Obligations hereunder and the resignation or replacement
of Agent.

     15.8 Agent in Individual Capacity. WFCF and its Affiliates may make loans to, issue
letters of credit for the account of, accept deposits from, provide Bank Products to, acquire
equity interests in, and generally engage in any kind of banking, trust, financial advisory,
underwriting, or other business with Borrower and its Subsidiaries and Affiliates and any other
Person party to any Loan Document as though WFCF were not Agent hereunder, and, in each case,
without notice to or consent of the other members of the Lender Group. The other members of the
Lender Group acknowledge (and by entering into a Bank Product Agreement, each Bank Product Provider
shall be deemed to acknowledge) that, pursuant to such activities, WFCF or its Affiliates may
receive information regarding Borrower or its Affiliates or any other Person party to any Loan
Documents that is subject to confidentiality obligations in favor of Borrower or such other Person
and that prohibit the disclosure of such information to the Lenders (or Bank Product Providers),
and the Lenders acknowledge (and by entering into a Bank Product Agreement, each Bank Product
Provider shall be deemed to acknowledge) that, in such circumstances (and in the absence of a
waiver of such confidentiality obligations, which waiver Agent will use its reasonable best efforts
to obtain), Agent shall not be under any obligation to provide such information to them. The terms
“Lender” and “Lenders” include WFCF in its individual capacity.

     15.9 Successor Agent. Agent may resign as Agent upon 30 days prior written notice to
the Lenders (unless such notice is waived by the Required Lenders) and Borrower (unless such notice
is waived by Borrower) and without any notice to the Bank Product Providers. If Agent resigns
under this Agreement, the Required Lenders shall be entitled, with (so long as no Event of Default
has occurred and is continuing) the consent of Borrower (such consent not to be unreasonably
withheld, delayed, or conditioned), appoint a successor Agent for the Lenders (and the Bank Product
Providers). If, at the time that Agent’s resignation is effective, it is acting as the Issuing
Lender or the Swing Lender, such resignation shall also operate to effectuate its resignation as
the Issuing Lender or the Swing Lender, as applicable, and it shall automatically be relieved of
any further obligation to issue Letters of Credit, to cause the Underlying Issuer to issue Letters
of Credit, or to make Swing Loans. If no successor Agent is appointed prior to the effective date
of the resignation of Agent, Agent may appoint, after consulting with the Lenders and Borrower, a
successor Agent. If Agent has materially breached or failed to perform any material provision of
this Agreement or of applicable law, the Required Lenders may agree in writing to remove and
replace Agent with a successor Agent from among the Lenders with (so long as no Event of Default
has occurred and is continuing) the consent of Borrower (such consent not to be unreasonably
withheld, delayed, or conditioned). In any such event, upon the acceptance of its appointment as
successor Agent hereunder, such successor Agent shall succeed to all the rights, powers, and duties
of the retiring Agent and the term “Agent” shall mean such successor Agent and the retiring Agent’s
appointment, powers, and duties as Agent shall be terminated. After any retiring Agent’s
resignation hereunder as Agent, the provisions of this Section 15 shall inure to its
benefit as to any actions taken or omitted to be taken by it while it was Agent under this
Agreement. If no successor Agent has accepted appointment as Agent by the date which is 30 days
following a retiring Agent’s notice of resignation, the retiring Agent’s resignation shall
nevertheless thereupon become effective and the Lenders shall perform all of the duties of Agent
hereunder until such time, if any, as the Lenders appoint a successor Agent as provided for above.

     15.10 Lender in Individual Capacity. Any Lender and its respective Affiliates may
make loans to, issue letters of credit for the account of, accept deposits from, provide Bank
Products to, acquire equity interests in and generally engage in any kind of banking, trust,
financial advisory, underwriting, or other business with Borrower and its Subsidiaries and
Affiliates and any other Person party to any Loan Documents as though such Lender were not a Lender
hereunder without notice to or consent of the other members of the Lender Group (or the Bank
Product Providers); provided that each Lender agrees that it shall not enter into a

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Hedge Agreement
with Borrower or any of its Restricted Subsidiaries that, to the actual knowledge of such
Lender, is for speculative purposes. It being understood and agreed that in the event that
there is a dispute as to whether any Lender has complied with the provisions of the foregoing
sentence, the party asserting such violation shall have the burden of proving that such Lender had
actual knowledge that the Hedge Agreement it entered into with Borrower or any of its Restricted
Subsidiaries was for speculative purposes. The other members of the Lender Group acknowledge (and
by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to
acknowledge) that, pursuant to such activities, such Lender and its respective Affiliates may
receive information regarding Borrower or its Affiliates or any other Person party to any Loan
Documents that is subject to confidentiality obligations in favor of Borrower or such other Person
and that prohibit the disclosure of such information to the Lenders, and the Lenders acknowledge
(and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to
acknowledge) that, in such circumstances (and in the absence of a waiver of such confidentiality
obligations, which waiver such Lender will use its reasonable best efforts to obtain), such Lender
shall not be under any obligation to provide such information to them.

     15.11 Collateral Matters.

          (a) The Lenders hereby irrevocably authorize (and by entering into a Bank Product Agreement,
each Bank Product Provider shall be deemed to authorize) Agent to release any Lien on any
Collateral (i) upon the termination of the Commitments and payment and satisfaction in full by
Borrower of all of the Obligations, (ii) constituting property being sold or disposed of if a
release is required or desirable in connection therewith and if Borrower certifies to Agent that
the sale or disposition is permitted under Section 6.4 (and Agent may rely conclusively on
any such certificate, without further inquiry), (iii) constituting property in which Borrower or
any of its Subsidiaries owned no interest at the time Agent’s Lien was granted nor at any time
thereafter, or (iv) constituting property leased to Borrower or one of its Subsidiaries under a
lease that has expired or is terminated in a transaction permitted under this Agreement. The Loan
Parties and the Lenders hereby irrevocably authorize (and by entering into a Bank Product
Agreement, each Bank Product Provider shall be deemed to authorize) Agent, based upon the
instruction of the Required Lenders, to (a) consent to, credit bid or purchase (either directly or
through one or more acquisition vehicles) all or any portion of the Collateral at any sale thereof
conducted under the provisions of the Bankruptcy Code, including under Section 363 of the
Bankruptcy Code, (b) credit bid or purchase (either directly or through one or more acquisition
vehicles) all or any portion of the Collateral at any sale or other disposition thereof conducted
under the provisions of the Code, including pursuant to Sections 9-610 or 9-620 of the Code, or (c)
credit bid or purchase (either directly or through one or more acquisition vehicles) all or any
portion of the Collateral at any other sale or foreclosure conducted by Agent (whether by judicial
action or otherwise) in accordance with applicable law. In connection with any such credit bid or
purchase, the Obligations owed to the Lenders and the Bank Product Providers shall be entitled to
be, and shall be, credit bid on a ratable basis (with Obligations with respect to contingent or
unliquidated claims being estimated for such purpose if the fixing or liquidation thereof would not
unduly delay the ability of Agent to credit bid or purchase at such sale or other disposition of
the Collateral and, if such claims cannot be estimated without unduly delaying the ability of Agent
to credit bid, then such claims shall be disregarded, not credit bid, and not entitled to any
interest in the asset or assets purchased by means of such credit bid) and the Lenders and the Bank
Product Providers whose Obligations are credit bid shall be entitled to receive interests (ratably
based upon the proportion of their Obligations credit bid in relation to the aggregate amount of
Obligations so credit bid) in the asset or assets so purchased (or in the Stock of the acquisition
vehicle or vehicles that are used to consummate such purchase). Except as provided above, Agent
will not execute and deliver a release of any Lien on any Collateral without the prior written
authorization of (y) if the release is of all or substantially all of the Collateral, all of the
Lenders (without requiring the authorization of the Bank Product Providers), or (z) otherwise, the
Required Lenders (without requiring the authorization of the Bank Product Providers). Upon request
by Agent or Borrower at any time, the Lenders will (and if so requested, the Bank Product Providers
will) confirm in writing Agent’s authority to release any such Liens on particular types or items
of Collateral pursuant to this Section 15.11; provided, however, that (1)
Agent shall not be required to execute any document necessary to evidence such release on terms
that, in Agent’s opinion, would expose Agent to liability or create any obligation or entail any

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consequence other than the release of such Lien without recourse, representation, or warranty, and
(2) such release shall not in any manner discharge, affect, or impair the Obligations or any Liens
(other than those expressly being released) upon (or obligations of Borrower in respect of) all
interests retained by Borrower, including, the proceeds of any sale, all of which shall continue to
constitute part of the Collateral. The Lenders further hereby irrevocably authorize (and by
entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorize)
Agent, at its option and in its sole discretion, to subordinate any Lien granted to or held by
Agent under any Loan Document to the holder of any Permitted Lien on such property if such
Permitted Lien secures Purchase Money Indebtedness permitted pursuant to clause (c) of the
definition of “Permitted Indebtedness”.

          (b) Agent shall have no obligation whatsoever to any of the Lenders (or the Bank Product
Providers) to assure that the Collateral exists or is owned by a Loan Party or is cared for,
protected, or insured or has been encumbered, or that Agent’s Liens have been properly or
sufficiently or lawfully created, perfected, protected, or enforced or are entitled to any
particular priority, or whether to impose, maintain, reduce, or eliminate any particular reserve
hereunder or whether the amount of any such reserve is appropriate or not, or to exercise at all or
in any particular manner or under any duty of care, disclosure or fidelity, or to continue
exercising, any of the rights, authorities and powers granted or available to Agent pursuant to any
of the Loan Documents, it being understood and agreed that in respect of the Collateral, or any
act, omission, or event related thereto, subject to the terms and conditions contained herein,
Agent may act in any manner it may deem appropriate, in its sole discretion given Agent’s own
interest in the Collateral in its capacity as one of the Lenders and that Agent shall have no other
duty or liability whatsoever to any Lender (or Bank Product Provider) as to any of the foregoing,
except as otherwise provided herein.

     15.12 Restrictions on Actions by Lenders; Sharing of Payments.

          (a) Each of the Lenders agrees that it shall not, without the express written consent of
Agent, and that it shall, to the extent it is lawfully entitled to do so, upon the written request
of Agent, set off against the Obligations, any amounts owing by such Lender to Borrower or its
Subsidiaries or any deposit accounts of Borrower or its Subsidiaries now or hereafter maintained
with such Lender; provided, however, that if the Commitments have been terminated,
the Obligations have been accelerated, and Agent has commenced the exercise of remedies upon a
material portion of the Collateral, then such consent of Agent shall not be required. Each of the
Lenders further agrees that it shall not, unless specifically requested to do so in writing by
Agent, take or cause to be taken any action, including, the commencement of any legal or equitable
proceedings to enforce any Loan Document against Borrower or any Guarantor or to foreclose any Lien
on, or otherwise enforce any security interest in, any of the Collateral.

          (b) If, at any time or times any Lender shall receive (i) by payment, foreclosure, setoff, or
otherwise, any proceeds of Collateral or any payments with respect to the Obligations, except for
(x) any such proceeds or payments received by such Lender from Agent pursuant to the terms of this
Agreement or (y) any payments made in the ordinary course of business pursuant to the terms of a
Bank Product Agreement until the Commitments have been terminated, the Obligations have been
accelerated, and Agent has commenced the exercise of remedies upon a material portion of the
Collateral, or (ii) payments from Agent in excess of such Lender’s Pro Rata Share of all such
distributions by Agent, such Lender promptly shall (A) turn the same over to Agent, in kind, and
with such endorsements as may be required to negotiate the same to Agent, or in immediately
available funds, as applicable, for the account of all of the Lenders and for application to the
Obligations in accordance with the applicable provisions of this Agreement, or (B) purchase,
without recourse or warranty, an undivided interest and participation in the Obligations owed to
the other Lenders so that such excess payment received shall be applied ratably as among the
Lenders in accordance with their Pro Rata Shares; provided, however, that to the
extent that such excess payment received by the purchasing party is thereafter recovered from it,
those purchases of participations shall be rescinded in whole or in part, as applicable, and the
applicable portion of the purchase price paid therefor shall be returned to such purchasing party,
but without interest except to the extent that such purchasing party is required to pay interest in
connection with the recovery of the excess payment.

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     15.13 Agency for Perfection. Agent hereby appoints each other Lender (and each Bank
Product Provider) as its agent (and each Lender hereby accepts (and by entering into a Bank Product
Agreement, each Bank Product Provider shall be deemed to accept) such appointment) for the purpose
of perfecting Agent’s Liens in assets which, in accordance with Article 8 or Article 9, as
applicable, of the Code can be perfected by possession or control. Should any Lender obtain
possession or control of any such Collateral, such Lender shall notify Agent thereof, and, promptly
upon Agent’s request therefor shall deliver possession or control of such Collateral to Agent or in
accordance with Agent’s instructions.

     15.14 Payments by Agent to the Lenders. All payments to be made by Agent to the
Lenders (or Bank Product Providers) shall be made by bank wire transfer of immediately available
funds pursuant to such wire transfer instructions as each party may designate for itself by written
notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment
(or any portion thereof) represents principal, premium, fees, or interest of the Obligations.

     15.15 Concerning the Collateral and Related Loan Documents. Each member of the Lender
Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents. Each
member of the Lender Group agrees (and by entering into a Bank Product Agreement, each Bank Product
Provider shall be deemed to agree) that any action taken by Agent in accordance with the terms of
this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent of
its powers set forth therein or herein, together with such other powers that are reasonably
incidental thereto, shall be binding upon all of the Lenders (and such Bank Product Provider).

     15.16 Audits and Examination Reports; Confidentiality; Disclaimers by Lenders; Other
Reports and Information. By becoming a party to this Agreement, each Lender:

          (a) is deemed to have requested that Agent furnish such Lender, promptly after it becomes
available, a copy of each field audit or examination report respecting Borrower or any of its
Subsidiaries (each, a “Report”) prepared by or at the request of Agent, and Agent shall so
furnish each Lender with such Reports,

          (b) is deemed to have requested that, following the receipt by Agent of any reports delivered
by a Bank Product Provider to Agent pursuant to the terms of a Bank Product Letter Agreement, Agent
send such reports to each Lender (other than the Bank Product Provider that provided such report),
and Agent shall so furnish each Lender (other than the Bank Product Provider that provided such
report) with such reports,

          (c) expressly agrees and acknowledges that Agent does not (i) make any representation or
warranty as to the accuracy of any Report, and (ii) shall not be liable for any information
contained in any Report,

          (d) expressly agrees and acknowledges that the Reports are not comprehensive audits or
examinations, that Agent or other party performing any audit or examination will inspect only
specific information regarding Borrower or one of its Subsidiaries and will rely significantly upon
Borrower’s and its Subsidiaries’ books and records, as well as on representations of Borrower’s
personnel,

          (e) agrees to keep all Reports and other material, non-public information regarding Borrower
and its Subsidiaries and their operations, assets, and existing and contemplated business plans in
a confidential manner in accordance with Section 17.9, and

          (f) without limiting the generality of any other indemnification provision contained in this
Agreement, agrees: (i) to hold Agent and any other Lender preparing a Report harmless from any
action the indemnifying Lender may take or fail to take or any conclusion the indemnifying Lender
may reach or draw from any Report in connection with any loans or other credit accommodations that
the indemnifying Lender has made or may make to Borrower, or the indemnifying Lender’s
participation in, or the indemnifying

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Lender’s purchase of, a loan or loans of Borrower, and (ii)
to pay and protect, and indemnify, defend and hold
Agent, and any such other Lender preparing a Report harmless from and against, the claims,
actions, proceedings, damages, costs, expenses, and other amounts (including, attorneys fees and
costs) incurred by Agent and any such other Lender preparing a Report as the direct or indirect
result of any third parties who might obtain all or part of any Report through the indemnifying
Lender.

In addition to the foregoing: (x) any Lender may from time to time request of Agent in writing
that Agent provide to such Lender a copy of any report or document provided by Borrower or any of
its Subsidiary to Agent that has not been contemporaneously provided by Borrower or any of its
Subsidiaries to such Lender, and, upon receipt of such request, Agent promptly shall provide a copy
of same to such Lender, (y) to the extent that Agent is entitled, under any provision of the Loan
Documents, to request additional reports or information from Borrower or any of its Subsidiaries,
any Lender may, from time to time, reasonably request Agent to exercise such right as specified in
such Lender’s notice to Agent, whereupon Agent promptly shall request of Borrower the additional
reports or information reasonably specified by such Lender, and, upon receipt thereof from Borrower
or any of its Subsidiaries, Agent promptly shall provide a copy of same to such Lender, and (z) any
time that Agent renders to Borrower a statement regarding the Loan Account, Agent shall send a copy
of such statement to each Lender.

     15.17 Several Obligations; No Liability. Notwithstanding that certain of the Loan
Documents now or hereafter may have been or will be executed only by or in favor of Agent in its
capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of
Agent (if any) to make any credit available hereunder shall constitute the several (and not joint)
obligations of the respective Lenders on a ratable basis, according to their respective
Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time
outstanding, the amount of their respective Commitments. Nothing contained herein shall confer
upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the
business, assets, profits, losses, or liabilities of any other Lender. Each Lender shall be solely
responsible for notifying its Participants of any matters relating to the Loan Documents to the
extent any such notice may be required, and no Lender shall have any obligation, duty, or liability
to any Participant of any other Lender. Except as provided in Section 15.7, no member of
the Lender Group shall have any liability for the acts of any other member of the Lender Group. No
Lender shall be responsible to Borrower or any other Person for any failure by any other Lender (or
Bank Product Provider) to fulfill its obligations to make credit available hereunder, nor to
advance for such Lender (or Bank Product Provider) or on its behalf, nor to take any other action
on behalf of such Lender (or Bank Product Provider) hereunder or in connection with the financing
contemplated herein.

16. WITHHOLDING TAXES.

          (a) All payments made by Borrower hereunder or under any note or other Loan Document will be
made without setoff, counterclaim, or other defense. In addition, all such payments will be made
free and clear of, and without deduction or withholding for, any present or future Taxes, and in
the event any deduction or withholding of Taxes is required, Borrower shall comply with the next
sentence of this Section 16(a). If any Taxes are so levied or imposed, Borrower agrees to
pay the full amount of such Taxes and such additional amounts as may be necessary so that every
payment of all amounts due under this Agreement, any note, or Loan Document, including any amount
paid pursuant to this Section 16(a) after withholding or deduction for or on account of any
Taxes, will not be less than the amount provided for herein; provided, however, that Borrower shall
not be required to increase any such amounts if the increase in such amount payable results from
Agent’s or such Lender’s own willful misconduct or gross negligence (as finally determined by a
court of competent jurisdiction). Borrower will furnish to Agent as promptly as possible after the
date the payment of any Tax is due pursuant to applicable law, certified copies of tax receipts
evidencing such payment by Borrower.

          (b) Borrower agrees to pay any present or future stamp, value added or documentary taxes or
any other excise or property taxes, charges, or similar levies that arise from any payment made

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hereunder or from the execution, delivery, performance, recordation, or filing of, or otherwise
with respect to this Agreement or any other Loan Document.

          (c) If a Lender or Participant is entitled to claim an exemption or reduction from United
States withholding tax, such Lender or Participant agrees with and in favor of Agent, to deliver to
Agent (or, in the case of a Participant, to the Lender granting the participation only) one of the
following before receiving its first payment under this Agreement:

               (i) if such Lender or Participant is entitled to claim an exemption from United States
withholding tax pursuant to the portfolio interest exception, (A) a statement of the Lender or
Participant, signed under penalty of perjury, that it is not a (I) a “bank” as described in Section
881(c)(3)(A) of the IRC, (II) a 10% shareholder of Borrower (within the meaning of Section
871(h)(3)(B) of the IRC), or (III) a controlled foreign corporation related to Borrower within the
meaning of Section 864(d)(4) of the IRC, and (B) a properly completed and executed IRS Form W-8BEN
or Form W-8IMY (with proper attachments);

               (ii) if such Lender or Participant is entitled to claim an exemption from, or a reduction of,
withholding tax under a United States tax treaty, a properly completed and executed copy of IRS
Form W-8BEN;

               (iii) if such Lender or Participant is entitled to claim that interest paid under this
Agreement is exempt from United States withholding tax because it is effectively connected with a
United States trade or business of such Lender, a properly completed and executed copy of IRS Form
W-8ECI;

               (iv) if such Lender or Participant is entitled to claim that interest paid under this
Agreement is exempt from United States withholding tax because such Lender or Participant serves as
an intermediary, a properly completed and executed copy of IRS Form W-8IMY (with proper
attachments); or

               (v) a properly completed and executed copy of any other form or forms, including IRS Form W-9,
as may be required under the IRC or other laws of the United States as a condition to exemption
from, or reduction of, United States withholding or backup withholding tax.

Each Lender or Participant shall provide new forms (or successor forms) upon the expiration or
obsolescence of any previously delivered forms and to promptly notify Agent (or, in the case of a
Participant, to the Lender granting the participation only) of any change in circumstances which
would modify or render invalid any claimed exemption or reduction.

          (d) If a Lender or Participant claims an exemption from withholding tax in a jurisdiction
other than the United States, such Lender or such Participant agrees with and in favor of Agent, to
deliver to Agent (or, in the case of a Participant, to the Lender granting the participation only)
any such form or forms, as may be required under the laws of such jurisdiction as a condition to
exemption from, or reduction of, foreign withholding or backup withholding tax before receiving its
first payment under this Agreement, but only if such Lender or such Participant is legally able to
deliver such forms, provided, however, that nothing in this Section 16(d)
shall require a Lender or Participant to disclose any information that it deems to be confidential
(including without limitation, its tax returns). Each Lender and each Participant shall provide
new forms (or successor forms) upon the expiration or obsolescence of any previously delivered
forms and to promptly notify Agent (or, in the case of a Participant, to the Lender granting the
participation only) of any change in circumstances which would modify or render invalid any claimed
exemption or reduction.

          (e) If a Lender or Participant claims exemption from, or reduction of, withholding tax and
such Lender or Participant sells, assigns, grants a participation in, or otherwise transfers all or
part of the Obligations of Borrower to such Lender or Participant, such Lender or Participant
agrees to notify Agent (or, in the case of a sale of a participation interest, to the Lender
granting the participation only) of the percentage amount in which it is no longer the beneficial
owner of Obligations of Borrower to such Lender or Participant. To the extent of such percentage
amount, Agent will treat such Lender’s or such Participant’s documentation

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provided pursuant to
Section 16(c) or 16(d) as no longer valid. With respect to such percentage amount, such Participant or Assignee may provide new documentation, pursuant to Section 16(c) or
16(d), if applicable. Borrower agrees that each Participant shall be entitled to the
benefits of this Section 16 with respect to its participation in any portion of the
Commitments and the Obligations so long as such Participant complies with the obligations set forth
in this Section 16 with respect thereto.

          (f) If a Lender or a Participant is entitled to a reduction in the applicable withholding tax,
Agent (or, in the case of a Participant, to the Lender granting the participation) may withhold
from any interest payment to such Lender or such Participant an amount equivalent to the applicable
withholding tax after taking into account such reduction. If the forms or other documentation
required by Section 16(c) or 16(d) are not delivered to Agent (or, in the case of a
Participant, to the Lender granting the participation), then Agent (or, in the case of a
Participant, to the Lender granting the participation) may withhold from any interest payment to
such Lender or such Participant not providing such forms or other documentation an amount
equivalent to the applicable withholding tax.

          (g) If the IRS or any other Governmental Authority of the United States or other jurisdiction
asserts a claim that Agent (or, in the case of a Participant, to the Lender granting the
participation) did not properly withhold tax from amounts paid to or for the account of any Lender
or any Participant due to a failure on the part of the Lender or any Participant (because the
appropriate form was not delivered, was not properly executed, or because such Lender failed to
notify Agent (or such Participant failed to notify the Lender granting the participation) of a
change in circumstances which rendered the exemption from, or reduction of, withholding tax
ineffective, or for any other reason) such Lender shall indemnify and hold Agent harmless (or, in
the case of a Participant, such Participant shall indemnify and hold the Lender granting the
participation harmless) for all amounts paid, directly or indirectly, by Agent (or, in the case of
a Participant, to the Lender granting the participation), as tax or otherwise, including penalties
and interest, and including any taxes imposed by any jurisdiction on the amounts payable to Agent
(or, in the case of a Participant, to the Lender granting the participation only) under this
Section 16, together with all costs and expenses (including attorneys fees and expenses).
The obligation of the Lenders and the Participants under this subsection shall survive the payment
of all Obligations and the resignation or replacement of Agent.

          (h) If Agent or a Lender determines, in its sole discretion, that it has received a refund of
any Taxes as to which it has been indemnified by Borrower or with respect to which Borrower has
paid additional amounts pursuant to this Section 16, so long as no Default or Event of
Default has occurred and is continuing, it shall pay over such refund to Borrower (but only to the
extent of payments made, or additional amounts paid, by Borrower under this Section 16 with
respect to Taxes giving rise to such a refund), net of all out-of-pocket expenses of Agent or such
Lender and without interest (other than any interest paid by the relevant Governmental Authority
with respect to such a refund); provided, that Borrower, upon the request of Agent or such Lender,
agrees to repay the amount paid over to Borrower (plus any penalties, interest or other charges,
imposed by the relevant Governmental Authority, other than such penalties, interest or other
charges imposed as a result of the willful misconduct or gross negligence of Agent hereunder) to
Agent or such Lender in the event Agent or such Lender is required to repay such refund to such
Governmental Authority. Notwithstanding anything in this Agreement to the contrary, this
Section 16 shall not be construed to require Agent or any Lender to make available its tax
returns (or any other information which it deems confidential) to Borrower or any other Person.

17. GENERAL PROVISIONS.

     17.1 Effectiveness. This Agreement shall be binding and deemed effective when
executed by Borrower, Agent, and each Lender whose signature is provided for on the signature pages
hereof.

     17.2 Section Headings. Headings and numbers have been set forth herein for
convenience only. Unless the contrary is compelled by the context, everything contained in each
Section applies equally to this entire Agreement.

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     17.3 Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein
shall be construed against the Lender Group or Borrower, whether under any rule of construction or
otherwise. On the contrary, this Agreement has been reviewed by all parties and shall be construed
and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the
purposes and intentions of all parties hereto.

     17.4 Severability of Provisions. Each provision of this Agreement shall be severable
from every other provision of this Agreement for the purpose of determining the legal
enforceability of any specific provision.

     17.5 Bank Product Providers. Each Bank Product Provider shall be deemed a third party
beneficiary hereof and of the provisions of the other Loan Documents for purposes of any reference
in a Loan Document to the parties for whom Agent is acting. Agent hereby agrees to act as agent
for such Bank Product Providers and, by virtue of entering into a Bank Product Agreement, the
applicable Bank Product Provider shall be automatically deemed to have appointed Agent as its agent
and to have accepted the benefits of the Loan Documents; it being understood and agreed that the
rights and benefits of each Bank Product Provider under the Loan Documents consist exclusively of
such Bank Product Provider’s being a beneficiary of the Liens and security interests (and, if
applicable, guarantees) granted to Agent and the right to share in payments and collections out of
the Collateral as more fully set forth herein. In addition, each Bank Product Provider, by virtue
of entering into a Bank Product Agreement, shall be automatically deemed to have agreed that Agent
shall have the right to the extent permitted hereunder, but shall have no obligation, to establish,
maintain, relax, or release reserves against Availability in respect of the Bank Product
Obligations and that if such reserves are established there is no obligation on the part of Agent
to determine or insure whether the amount of any such reserve is appropriate or not. In connection
with any such distribution of payments or proceeds of Collateral, Agent shall be entitled to assume
no amounts are due or owing to any Bank Product Provider unless such Bank Product Provider has
provided a written certification (setting forth a reasonably detailed calculation) to Agent as to
the amounts that are due and owing to it and such written certification is received by Agent a
reasonable period of time prior to the making of such distribution. Agent shall have no obligation
to calculate the amount due and payable with respect to any Bank Products, but may rely upon the
written certification of the amount due and payable from the relevant Bank Product Provider. In
the absence of an updated certification, Agent shall be entitled to assume that the amount due and
payable to the relevant Bank Product Provider is the amount last certified to Agent by such Bank
Product Provider as being due and payable (less any distributions made to such Bank Product
Provider on account thereof). Borrower may obtain Bank Products from any Bank Product Provider,
although Borrower is not required to do so. Borrower acknowledges and agrees that no Bank Product
Provider has committed to provide any Bank Products and that the providing of Bank Products by any
Bank Product Provider is in the sole and absolute discretion of such Bank Product Provider.
Notwithstanding anything to the contrary in this Agreement or any other Loan Document, no provider
or holder of any Bank Product shall have any voting or approval rights hereunder (or be deemed a
Lender) solely by virtue of its status as the provider or holder of such agreements or products or
the Obligations owing thereunder, nor shall the consent of any such provider or holder be required
(other than in their capacities as Lenders, to the extent applicable) for any matter hereunder or
under any of the other Loan Documents, including as to any matter relating to the Collateral or the
release of Collateral or Guarantors. No Bank Product Provider shall enter into a Hedge Agreement
with Borrower or any of its Restricted Subsidiaries that, to the actual knowledge of such Bank
Product Provider, is for speculative purposes. It being understood and agreed that in the event
that there is a dispute as to whether any Lender has complied with the provisions of the foregoing
sentence, the party asserting such violation shall have the burden of proving that such Lender had
actual knowledge that the Hedge Agreement it entered into with Borrower or any of its Restricted
Subsidiaries was for speculative purposes.

     17.6 Debtor-Creditor Relationship. The Agent-Related Persons, each Lender and their
Affiliates may have economic interests that conflict with those of the Loan Parties, their stock
holders, or their Affiliates. The relationship between the Lenders and Agent, on the one hand, and
the Loan Parties, on the other hand, is solely that of creditor and debtor. No member of the
Lender Group has (or shall be deemed to have) any

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fiduciary relationship or duty to any Loan Party
arising out of or in connection with the Loan Documents or
the transactions contemplated thereby, and there is no agency or joint venture relationship
between the members of the Lender Group, on the one hand, and the Loan Parties, on the other hand,
by virtue of any Loan Document or any transaction contemplated therein. The Loan Parties
acknowledge and agree that (i) the transactions contemplated by the Loan Documents (including the
exercise of rights and remedies hereunder and thereunder) are arm’s-length commercial transactions
between the Lenders, on the one hand, and the Loan Parties, on the other, and (ii) in connection
therewith and with the process leading thereto, (x) no Lender has assumed an advisory or fiduciary
responsibility in favor of any Loan Party, its stockholders or its Affiliates with respect to the
transactions contemplated hereby (or the exercise of rights and remedies with respect thereto) or
the process leading thereto (irrespective of whether any Lender has advised, is currently advising
or will advise any Loan Party, its stockholders or its Affiliates on other matters) or any other
obligation to any Loan Party except the obligations expressly set forth in the Loan Documents and
(y) each Lender is acting solely as principal and not as the agent or fiduciary of any Loan Party,
its management, stockholders, creditors, or any other Person. Each Loan Party acknowledges and
agrees that it has consulted its own legal and financial advisors to the extent it deemed
appropriate and that it is responsible for making its own independent judgment with respect to such
transactions and the process leading thereto. Each Loan Party agrees that it will not claim that
any Lender has rendered advisory services of any nature or respect, or owes a fiduciary or similar
duty to such Loan party, in connection with such transaction or the process leading thereto.

     17.7 Counterparts; Electronic Execution. This Agreement may be executed in any number
of counterparts and by different parties on separate counterparts, each of which, when executed and
delivered, shall be deemed to be an original, and all of which, when taken together, shall
constitute but one and the same Agreement. Delivery of an executed counterpart of this Agreement
by telefacsimile or other electronic method of transmission shall be equally as effective as
delivery of an original executed counterpart of this Agreement. Any party delivering an executed
counterpart of this Agreement by telefacsimile or other electronic method of transmission also
shall deliver an original executed counterpart of this Agreement but the failure to deliver an
original executed counterpart shall not affect the validity, enforceability, and binding effect of
this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis.

     17.8 Revival and Reinstatement of Obligations. If the incurrence or payment of the
Obligations by Borrower or any Guarantor or the transfer to the Lender Group of any property should
for any reason subsequently be asserted, or declared, to be void or voidable under any state or
federal law relating to creditors’ rights, including provisions of the Bankruptcy Code relating to
fraudulent conveyances, preferences, or other voidable or recoverable payments of money or
transfers of property (each, a “Voidable Transfer”), and if the Lender Group is required to
repay or restore, in whole or in part, any such Voidable Transfer, or elects to do so upon the
advice of counsel, then, as to any such Voidable Transfer, or the amount thereof that the Lender
Group is required or elects to repay or restore, and as to all reasonable costs, expenses, and
attorneys fees of the Lender Group related thereto, the liability of Borrower or Guarantors
automatically shall be revived, reinstated, and restored and shall exist as though such Voidable
Transfer had never been made.

     17.9 Confidentiality.

          (a) Agent and Lenders each individually (and not jointly or jointly and severally) agree that
material, non-public information regarding Borrower and its Subsidiaries, their operations, assets,
and existing and contemplated business plans (“Confidential Information”) shall be treated
by Agent and the Lenders in a confidential manner, and shall not be disclosed by Agent and the
Lenders to Persons who are not parties to this Agreement, except: (i) to attorneys for and other
advisors, accountants, auditors, and consultants to any member of the Lender Group and to
employees, directors, members, partners and officers of any member of the Lender Group (the Persons
in this clause (i), “Lender Group Representatives”) on a “need to know” basis in connection
with this Agreement and the transactions contemplated hereby and on a confidential basis, (ii) to
Subsidiaries and Affiliates of any member of the Lender Group (including the Bank Product
Providers), provided that any such Subsidiary or Affiliate shall have agreed to receive such
information hereunder subject to the terms of this Section 17.9, (iii) as may be required
by regulatory authorities so long as

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such authorities are informed of the confidential nature of
such information, (iv) as may be required by statute,
decision, or judicial or administrative order, rule, or regulation; provided that (x) prior to
any disclosure under this clause (iv), the disclosing party agrees to provide Borrower with prior
notice thereof, to the extent that it is practicable to do so and to the extent that the disclosing
party is permitted to provide such prior notice to Borrower pursuant to the terms of the applicable
statute, decision, or judicial or administrative order, rule, or regulation and (y) any disclosure
under this clause (iv) shall be limited to the portion of the Confidential Information as may be
required by such statute, decision, or judicial or administrative order, rule, or regulation, (v)
as may be agreed to in advance in writing by Borrower, (vi) as requested or required by any
Governmental Authority pursuant to any subpoena or other legal process, provided, that, (x) prior
to any disclosure under this clause (vi) the disclosing party agrees to provide Borrower with prior
written notice thereof, to the extent that it is practicable to do so and to the extent that the
disclosing party is permitted to provide such prior written notice to Borrower pursuant to the
terms of the subpoena or other legal process and (y) any disclosure under this clause (vi) shall be
limited to the portion of the Confidential Information as may be required by such Governmental
Authority pursuant to such subpoena or other legal process, (vii) as to any such information that
is or becomes generally available to the public (other than as a result of prohibited disclosure by
Agent or the Lenders or the Lender Group Representatives), (viii) in connection with any
assignment, participation or pledge of any Lender’s interest under this Agreement, provided that
prior to receipt of Confidential Information any such assignee, participant, or pledgee shall have
agreed in writing to receive such Confidential Information hereunder subject to terms at least as
restrictive as those contained in this Section, (ix) in connection with any litigation or other
adversary proceeding involving parties hereto which such litigation or adversary proceeding
involves claims related to the rights or duties of such parties under this Agreement or the other
Loan Documents; provided, that, prior to any disclosure to any Person (other than any Loan Party,
Agent, any Lender, any of their respective Affiliates, or their respective counsel) under this
clause (ix) with respect to litigation involving any Person (other than Borrower, Agent, any
Lender, any of their respective Affiliates, or their respective counsel), the disclosing party
agrees to provide Borrower with prior written notice thereof, (x) in connection with, and to the
extent reasonably necessary for, the exercise of any secured creditor remedy under this Agreement
or under any other Loan Document, and (xi) to rating agencies.

          (b) Anything in this Agreement to the contrary notwithstanding, Agent may (i) provide
information concerning the terms and conditions of this Agreement and the other Loan Documents to
loan syndication and pricing reporting services, and (ii) use the name, logos, and other insignia
of Loan Parties and the Commitments provided hereunder in any “tombstone” or comparable
advertising, on its website or in other marketing materials of the Agent.

     17.10 Lender Group Expenses. Borrower agrees to pay the Lender Group Expenses on the
earlier of (a) the first day of the month following the date on which such Lender Group Expenses
were first incurred or (b) the date on which demand therefor is made by Agent. Borrower agrees
that their respective obligations contained in this Section 17.10 shall survive payment or
satisfaction in full of all other Obligations.

     17.11 Survival. All representations and warranties made by the Loan Parties in the
Loan Documents and in the certificates or other instruments delivered in connection with or
pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon
by the other parties hereto and shall survive the execution and delivery of the Loan Documents and
the making of any loans and issuance of any Letters of Credit, regardless of any investigation made
by any such other party or on its behalf and notwithstanding that Agent, the Issuing Lender, or any
Lender may have had notice or knowledge of any Default or Event of Default or incorrect
representation or warranty at the time any credit is extended hereunder, and shall continue in full
force and effect as long as the principal of or any accrued interest on any loan or any fee or any
other amount payable under this Agreement is outstanding and unpaid or any Letter of Credit is
outstanding and so long as the Commitments have not expired or terminated.

     17.12 Patriot Act. Each Lender that is subject to the requirements of the Patriot Act
hereby notifies Borrower that pursuant to the requirements of the Act, it is required to obtain,
verify and record information that identifies Borrower and each Guarantor, which information
includes the name and address of Borrower and such Guarantor and other information that will allow
such Lender to identify Borrower and such Guarantor

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in accordance with the Patriot Act. In
addition, if Agent is required by law or regulation or internal policies to
do so, it shall have the right to periodically conduct (a) Patriot Act searches, OFAC/PEP
searches, and customary individual background checks for the Loan Parties and (b) OFAC/PEP searches
and customary individual background checks for the Loan Parties’ senior management and key
principals, and Borrower agrees to cooperate in respect of the conduct of such searches and further
agrees that the reasonable costs and charges for such searches shall constitute Lender Group
Expenses hereunder and be for the account of Borrower.

     17.13 Integration. This Agreement, together with the other Loan Documents, reflects
the entire understanding of the parties with respect to the transactions contemplated hereby and
shall not be contradicted or qualified by any other agreement, oral or written, before the date
hereof. The foregoing to the contrary notwithstanding, all Bank Product Agreements, if any, are
independent agreements governed by the written provisions of such Bank Product Agreements, which
will remain in full force and effect, unaffected by any repayment, prepayments, acceleration,
reduction, increase, or change in the terms of any credit extended hereunder, except as otherwise
expressly provided in such Bank Product Agreement.

[Signature pages to follow.]

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

	 	 	 	 	 	 	 

	 	 	JDA SOFTWARE GROUP, INC.,

a Delaware corporation, as Borrower	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Michael Burnett	 	 
	 

	 	 
	 	Name: Michael Burnett 	 	 
	 

	 	 
	 	Title:   Treasurer 	 	 

[SIGNATURE PAGE TO CREDIT AGREEMENT]

 

 

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

	 	 	 	 	 
	 	WELLS FARGO CAPITAL FINANCE, LLC,

a Delaware limited liability company,

as Agent and as a Lender

 	 
	 	By:  	/s/ Alex Hechler
 	 
	 	 	Name:  	Alex Hechler 	 
	 	 	Title:  	Director 	 
	 

[SIGNATURE PAGE TO CREDIT AGREEMENT]

 

 

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

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A.,

as a Lender

 	 
	 	By:  	/s/ Anna C. Araza
 	 
	 	 	Name:  	Anna C. Araza 	 
	 	 	Title:  	Vice President 	 
	 

[SIGNATURE PAGE TO CREDIT AGREEMENT]

 

 

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

	 	 	 	 	 
	 	GOLDMAN SACHS BANK USA,

as a Lender

 	 
	 	By:  	/s/ Mark Walton
 	 
	 	 	Name:  	Mark Walton 	 
	 	 	Title:  	Authorized Signatory 	 
	 

[SIGNATURE PAGE TO CREDIT AGREEMENT]

 

 

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

	 	 	 	 	 
	 	THE ROYAL BANK OF SCOTLAND plc,

as a Lender

 	 
	 	By:  	/s/ Richard Pho
 	 
	 	 	Name:  	Richard Pho 	 
	 	 	Title:  	Vice President 	 
	 

[SIGNATURE PAGE TO CREDIT AGREEMENT]

 

 

Schedule 1.1

As used in the Agreement, the following terms shall have the following definitions:

          “Account” means an account (as that term is defined in the Code).

          “Accounting Changes” means changes in accounting principles required by the
promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting
Standards Board of the American Institute of Certified Public Accountants (or successor thereto or
any agency with similar functions).

          “Acquisition Debt” means, with respect to any specified Person, Indebtedness of any
other Person existing at the time such other Person is merged with or into or became a Subsidiary
of such specified Person, whether or not such Indebtedness is incurred in connection with, or in
contemplation of, such other Person merging with or into, or becoming a Subsidiary of, such
specified Person.

          “Acquisition” means (a) the purchase or other acquisition by a Person or its
Subsidiaries of all or substantially all of the assets of (or any division or business line of) any
other Person, or (b) the purchase or other acquisition (whether by means of a merger,
consolidation, or otherwise) by a Person or its Subsidiaries of all or substantially all of the
Stock of any other Person.

          “Additional Documents” has the meaning specified therefor in Section 5.12 of
the Agreement.

          “Advances” has the meaning specified therefor in Section 2.1(a) of the
Agreement.

          “Affected Lender” has the meaning specified therefor in Section 2.13(b) of the
Agreement.

          “Affiliate” of any specified Person means any other Person directly or indirectly
controlling or controlled by or under direct or indirect common control with such specified Person.
For purposes of this definition, “control,” as used with respect to any Person, means the
possession, directly or indirectly, of the power to direct or cause the direction of the management
or policies of such Person, whether through the ownership of voting securities, by agreement or
otherwise; provided that beneficial ownership of 10% or more of the Voting Stock of a
Person will be deemed to be control. For purposes of this definition, the terms “controlling,”
“controlled by” and “under common control with” have correlative meanings.

          “Affiliate Transaction” has the meaning specified therefor in Section 6.12 of
the Agreement.

          “Agent” has the meaning specified therefor in the preamble to the Agreement.

          “Agent-Related Persons” means Agent, together with its Affiliates, officers,
directors, employees, attorneys, and agents.

          “Agent’s Account” means the Deposit Account of Agent identified on Schedule
A-1.

          “Agent’s Liens” means the Liens granted by any Loan Party to Agent under the Loan
Documents.

          “Agreement” means the Credit Agreement to which this Schedule 1.1 is attached.

 

 

          “Application Event” means the occurrence at any time of (a) a failure by Borrower to
repay all of the Obligations in full on the Maturity Date, or (b) any Event of Default and the
election by Agent or the Required Lenders to require that payments and proceeds of Collateral be
applied pursuant to Section 2.4(b)(ii) of the Agreement.

          “Assignee” has the meaning specified therefor in Section 13.1(a) of the
Agreement.

          “Assignment and Acceptance” means an Assignment and Acceptance Agreement substantially
in the form of Exhibit A-1.

          “Authorized Person” means any one of the individuals identified on Schedule
A-2, as such schedule is updated from time to time by written notice from Borrower to Agent.

          “Availability” means, as of any date of determination, the amount that Borrower is
entitled to borrow as Advances under Section 2.1 of the Agreement (after giving effect to
all then outstanding Obligations (other than Bank Product Obligations)).

          “Available Increase Amount” means, as of any date of determination, an amount equal to
the result of (a) $50,000,000 minus (b) the aggregate principal amount of increases to the
Commitments previously made pursuant to Section 2.14 of the Agreement.

          “Average Revolver Usage” means, with respect to any period, the sum of the aggregate
amount of Revolver Usage for each Business Day in such period (calculated as of the end of each
respective Business Day) divided by the number of Business Days in such period.

          “Bank Product” means any one or more of the following financial products or
accommodations extended to any Loan Party by a Bank Product Provider: (a) credit cards, (b) credit
card processing services, (c) debit cards, (d) stored value cards, (e) purchase cards (including
so-called “procurement cards” or “P-cards”), (f) Cash Management Services, or (g) transactions
under Hedge Agreements.

          “Bank Product Agreements” means those agreements entered into from time to time by a
Loan Party with a Bank Product Provider in connection with the obtaining of any of the Bank
Products.

          “Bank Product Collateralization” means providing cash collateral (pursuant to
documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank
Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient
to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product
Obligations (other than Hedge Obligations).

          “Bank Product Obligations” means (a) all obligations, liabilities, reimbursement
obligations, fees, or expenses owing by a Loan Party to any Bank Product Provider pursuant to or
evidenced by a Bank Product Agreement and irrespective of whether for the payment of money, whether
direct or indirect, absolute or contingent, due or to become due, now existing or hereafter
arising, (b) all Hedge Obligations, and (c) all amounts that Agent or any Lender is obligated to
pay to a Bank Product Provider as a result of Agent or such Lender purchasing participations from,
or executing guarantees or indemnities or reimbursement obligations to, a Bank Product Provider
with respect to the Bank Products provided by such Bank Product Provider to a Loan Party;
provided, however, in order for any item described in clauses (a) (b), or (c)
above, as applicable, to constitute “Bank Product Obligations”, (i) if the applicable Bank Product
Provider is Wells Fargo or its Affiliates, then, if requested by Agent, Agent shall have received a
Bank Product Provider Letter Agreement within 30 days after the date of such request, or (ii) if
the applicable Bank Product

- 2 - 

 

Provider is any other Person, (A) the applicable Bank Product (other than the RBS Hedge and
any Bank Product provided by JPMorgan Chase Bank, N.A. prior to the date of the Agreement) must
have been provided at a time when the Person that provided the Bank Product (or one of its
Affiliates) was a Lender and (B) Agent shall have received a Bank Product Provider Letter Agreement
within 30 days after the date of the provision of the applicable Bank Product to a Loan Party
(other than with respect to the RBS Hedge and any Bank Product provided by JPMorgan Chase Bank,
N.A. prior to the date of the Agreement, in which case, Agent shall have received a Bank Product
Letter Agreement within 30 days after the Closing Date).

          “Bank Product Provider” means any Person providing any Bank Product pursuant to a Bank
Product Agreement that was a Lender or an Affiliate of a Lender on the date hereof or at the time
such Bank Product Agreement was executed and delivered by the parties thereto; provided,
however, that no such Person (other than Wells Fargo or its Affiliates) shall constitute a
Bank Product Provider with respect to a Bank Product unless and until Agent shall have received a
Bank Product Provider Letter Agreement from such Person and with respect to the applicable Bank
Product within 30 days after the provision of such Bank Product to a Loan Party (other than with
respect to the RBS Hedge and any Bank Product provided by JPMorgan Chase Bank, N.A. prior to the
date of the Agreement, in which case, Agent shall have received a Bank Product Letter Agreement
within 30 days after the Closing Date); provided, however, that from and after the
date on which a Person who was previously a Lender is no longer a Lender under the Agreement, such
Person and its Affiliates will only be a Bank Product Provider with respect to Bank Products
provided prior to the date of the Agreement or at a time when such Person or one of its Affiliates
was a Lender. For the avoidance of doubt, Bank Product Providers shall only be required to provide
one Bank Product Provider Letter Agreement in connection with each Bank Product Agreement (e.g., an
ISDA Master Agreement) rather than in connection with each transaction under a Bank Product
Agreement.

          “Bank Product Provider Letter Agreement” means a letter agreement in substantially the
form attached hereto as Exhibit B-2, in form and substance satisfactory to Agent, duly
executed by the applicable Bank Product Provider, Borrower, and Agent.

          “Bankruptcy Code” means title 11 of the United States Code, as in effect from time to
time.

          “Base Rate” means the greatest of (a) the Federal Funds Rate plus 1/2%, (b) the LIBOR
Rate (which rate shall be calculated based upon an Interest Period of 3 months and shall be
determined on a daily basis), plus 1 percentage point, and (c) the rate of interest announced, from
time to time, within Wells Fargo at its principal office in San Francisco as its “prime rate”, with
the understanding that the “prime rate” is one of Wells Fargo’s base rates (not necessarily the
lowest of such rates) and serves as the basis upon which effective rates of interest are calculated
for those loans making reference thereto and is evidenced by the recording thereof after its
announcement in such internal publications as Wells Fargo may designate.

          “Base Rate Loan” means each portion of the Advances that bears interest at a rate
determined by reference to the Base Rate.

          “Base Rate Margin” means, as of any date of determination (with respect to any portion
of the outstanding Advances on such date that is a Base Rate Loan), the applicable margin set forth
in the following table that corresponds to the most recent Total Leverage Ratio calculation
delivered to Agent pursuant to Section 5.1 of the Agreement (the “Total Leverage Ratio
Calculation”); provided, however, that for the period from the Closing Date
through the date Agent receives the Total Leverage Ratio Calculation in respect of the testing
period ending June 30, 2011, the Base Rate Margin shall be at the margin in the row styled “Level
II”:

- 3 - 

 

	 	 	 	 	 
	Level	 	Total Leverage Ratio Calculation	 	Base Rate Margin
	I

	 	If the Total Leverage Ratio is less than
1.50:1.00
	 	1.00 percentage points
	 
	 	 	 	 
	II

	 	If the Total Leverage Ratio is greater
than or equal to 1.50:1.00 and less than
2.50:1.00
	 	1.25 percentage points
	 
	 	 	 	 
	III

	 	If the Total Leverage Ratio is greater
than or equal to 2.50:1.00
	 	1.50 percentage points

          Except as set forth in the foregoing proviso, the Base Rate Margin shall be based upon the
most recent Total Leverage Ratio Calculation, which will be calculated as of the end of each fiscal
quarter. Except as set forth in the foregoing proviso, the Base Rate Margin shall be re-determined
quarterly on the first day of the month following the date of delivery to Agent of the certified
calculation of the Total Leverage Ratio pursuant to Section 5.1 of the Agreement;
provided, however, that if Borrower fails to provide such certification when such
certification is due, the Base Rate Margin shall be set at the margin in the row styled “Level III”
as of the first day of the month following the date on which the certification was required to be
delivered until the date on which such certification is delivered (on which date (but not
retroactively), without constituting a waiver of any Default or Event of Default occasioned by the
failure to timely deliver such certification, the Base Rate Margin shall be set at the margin based
upon the calculations disclosed by such certification. In the event that the information regarding
the Total Leverage Ratio contained in any certificate delivered pursuant to Section 5.1 of
the Agreement is shown to be inaccurate, and such inaccuracy, if corrected, would have led to the
application of a higher Base Rate Margin for any period (a “Base Rate Period”) than the
Base Rate Margin actually applied for such Base Rate Period, then (i) Borrower shall immediately
deliver to Agent a correct certificate for such Base Rate Period, (ii) the Base Rate Margin shall
be determined as if the correct Base Rate Margin (as set forth in the table above) were applicable
for such Base Rate Period, and (iii) Borrower shall immediately deliver to Agent full payment in
respect of the accrued additional interest as a result of such increased Base Rate Margin for such
Base Rate Period, which payment shall be promptly applied by Agent to the affected Obligations.

          “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5
under the Exchange Act, except that in calculating the beneficial ownership of any particular
“person” (as that term is used in Section 13(d)(3) of the Exchange Act), such “person” will be
deemed to have beneficial ownership of all securities that such “person” has the right to acquire
by conversion or exercise of other securities, whether such right is currently exercisable or is
exercisable only after the passage of time. The terms “Beneficially Owns” and “Beneficially Owned”
have a corresponding meaning.

          “Benefit Plan” means a “defined benefit plan” (as defined in Section 3(35) of ERISA)
for which Borrower or any of its Subsidiaries or ERISA Affiliates has been an “employer” (as
defined in Section 3(5) of ERISA) within the past six years.

          “Board of Directors” means:

          (a) with respect to a corporation, the board of directors of the corporation or any committee
thereof duly authorized to act on behalf of such board;

- 4 - 

 

          (b) with respect to a partnership, the board of directors of the general partner of the
partnership;

          (c) with respect to a limited liability company, the managing member or members or any
controlling committee of managing members thereof; and

          (d) with respect to any other Person, the board or committee of such Person serving a similar
function.

          “Borrower” has the meaning specified therefor in the preamble to the Agreement.

          “Borrowing” means a borrowing consisting of Advances made on the same day by the
Lenders (or Agent on behalf thereof), or by Swing Lender in the case of a Swing Loan, or by Agent
in the case of a Protective Advance.

          “Business Day” means any day that is not a Saturday, Sunday, or other day on which
banks are authorized or required to close in the state of California, except that, if a
determination of a Business Day shall relate to a LIBOR Rate Loan, the term “Business Day” also
shall exclude any day on which banks are closed for dealings in Dollar deposits in the London
interbank market.

          “Calculation Date” has the meaning specified therefor in the definition of “Fixed
Charge Coverage Ratio”.

          “Capitalized Lease Obligation” means, at the time any determination is to be made, the
amount of the liability in respect of a capital lease that would at that time be required to be
capitalized on a balance sheet prepared in accordance with GAAP, and the stated maturity thereof
shall be the date of the last payment of rent or any other amount due under such lease prior to the
first date upon which such lease may be prepaid by the lessee without payment of a penalty.

          “Capital Lease” means a lease that is required to be capitalized for financial
reporting purposes in accordance with GAAP.

          “Cash Equivalents” means (a) marketable direct obligations issued by, or
unconditionally guaranteed by, the United States or issued by any agency thereof and backed by the
full faith and credit of the United States, in each case maturing within 1 year from the date of
acquisition thereof, (b) marketable direct obligations issued or fully guaranteed by any state of
the United States or any political subdivision of any such state or any public instrumentality
thereof maturing within 1 year from the date of acquisition thereof and, at the time of
acquisition, having one of the two highest ratings obtainable from either Standard & Poor’s Rating
Group (“S&P”) or Moody’s Investors Service, Inc. (“Moody’s”), (c) commercial paper
maturing no more than 270 days from the date of acquisition thereof and, at the time of
acquisition, having a rating of at least one of the two highest ratings from S&P or Moody’s, (d)
certificates of deposit, time deposits, overnight bank deposits or bankers’ acceptances maturing
within 1 year from the date of acquisition thereof issued by any bank organized under the laws of
the United States or any state thereof or the District of Columbia or any United States branch of a
foreign bank having at the date of acquisition thereof combined capital and surplus of not less
than $250,000,000, (e) Deposit Accounts maintained with (i) any bank that satisfies the criteria
described in clause (d) above, or (ii) any other bank organized under the laws of the United States
or any state thereof so long as the full amount maintained with any such other bank is insured by
the Federal Deposit Insurance Corporation, (f) repurchase obligations of any commercial bank
satisfying the requirements of clause (d) of this definition or recognized securities dealer having
combined capital and surplus of not less than $250,000,000, having a term of not more than seven
days, with respect to securities satisfying the criteria in clauses (a) or (d) above, (g) debt
securities with maturities of six months or less from the date of acquisition backed by standby
letters

- 5 - 

 

of credit issued by any commercial bank satisfying the criteria described in clause (d) above,
(h) Investments in money market funds substantially all of whose assets are invested in the types
of assets described in clauses (a) through (g) above, and (i) with respect to any Foreign
Subsidiary: (i) currency of the countries in which such Foreign Subsidiary conducts business; (ii)
direct obligations of the sovereign nation, or any agency thereof, in which such Foreign Subsidiary
is organized and conducting business in or in obligations fully and conditionally guaranteed by
such sovereign nation, or any agency thereof; (iii) investments of the type and maturity described
in clauses (a) through (h) above of foreign obligors, which investments or obligors have ratings
described in such clauses or equivalent ratings from comparable foreign rating agencies; and (iv)
investments of the type and maturity described in clauses (a) through (h) above of foreign obligors
which investments or obligors are not rated as provided in such clauses or in clause (iii) above
but which are, in the reasonable judgment of Borrower, comparable in investment quality to such
investments and obligors, or the direct or indirect parent of such obligors.

          “Cash Management Services” means any cash management or related services including
treasury, depository, return items, overdraft, controlled disbursement, merchant store value
cards, e-payables services, electronic funds transfer, interstate depository network, automatic
clearing house transfer (including the Automated Clearing House processing of electronic funds
transfers through the direct Federal Reserve Fedline system) and other cash management
arrangements.

          “CFC” means a controlled foreign corporation (as that term is defined in the IRC).

          “Change of Control” means the occurrence of any of the following:

          (a) the direct or indirect sale, lease, transfer, conveyance or other disposition (other than
by way of merger or consolidation), in one or a series of related transactions, of all or
substantially all of the properties or assets of Borrower and its Subsidiaries taken as a whole to
any “person” (as that term is used in Section 13(d)(3) of the Exchange Act);

          (b) the adoption of a plan relating to the liquidation or dissolution of Borrower;

          (c) the consummation of any transaction (including, without limitation, any merger or
consolidation), the result of which is that any “person” (as defined above) becomes the Beneficial
Owner, directly or indirectly, of more than 50% of the Voting Stock of Borrower, measured by voting
power rather than number of shares;

          (d) the first day on which a majority of the members of the Board of Directors of Borrower are
not Continuing Directors; or

          (e) a “Change of Control” occurs under and as defined in the Senior Notes Indenture.

          “Closing Date” means March 18, 2011.

          “Code” means the California Uniform Commercial Code, as in effect from time to time.

          “Collateral” means all assets and interests in assets and proceeds thereof now owned
or hereafter acquired by any Loan Party in or upon which a Lien is granted by such Person in favor
of Agent or the Lenders under any of the Loan Documents.

          “Collateral Access Agreement” means a landlord waiver, bailee letter, or
acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in

- 6 - 

 

possession of, having a Lien upon, or having rights or interests in any Loan Party’s books and
records, Equipment, or Inventory, in each case, in form and substance reasonably satisfactory to
Agent.

          “Collections” means all cash, checks, notes, instruments, and other items of payment
(including insurance proceeds, cash proceeds of asset sales, rental proceeds, and tax refunds).

          “Commitment” means, with respect to each Lender, in each case as such Dollar amounts
are set forth beside such Lender’s name under the applicable heading on Schedule C-1 or in
the Assignment and Acceptance pursuant to which such Lender became a Lender under the Agreement, as
such amounts may be reduced or increased from time to time pursuant to assignments made in
accordance with the provisions of Section 13.1 of the Agreement or pursuant to increases in
accordance with the provisions of Section 2.14.

          “Compliance Certificate” means a certificate substantially in the form of Exhibit
C-1 delivered by the chief financial officer of Borrower to Agent.

          “Confidential Information” has the meaning specified therefor in Section
17.9(a) of the Agreement.

          “Continuing Directors” means, as of any date of determination, any member of the Board
of Directors of Borrower who:

          (a) was a member of such Board of Directors on the date that is two years prior to the date of
determination; or

          (b) was nominated for election or elected to such Board of Directors with the approval of a
majority of the Continuing Directors who were members of such Board of Directors at the time of
such nomination or election.

          “Control Agreement” means a control agreement, in form and substance reasonably
satisfactory to Agent, executed and delivered by Borrower or one of its Restricted Subsidiaries,
Agent, and the applicable securities intermediary (with respect to a Securities Account) or bank
(with respect to a Deposit Account).

          “Controlled Account Agreement” has the meaning specified therefor in the Security
Agreement.

          “Copyright Security Agreement” has the meaning specified therefor in the Security
Agreement.

          “Daily Balance” means, as of any date of determination and with respect to any
Obligation, the amount of such Obligation owed at the end of such day.

          “Default” means an event, condition, or default that, with the giving of notice, the
passage of time, or both, would be an Event of Default.

          “Defaulting Lender” means any Lender that (a) has failed to fund any amounts required to be
funded by it under the Agreement within 2 Business Days of the date that it is required to do so
under the Agreement (including the failure to make available to Agent amounts required pursuant to
a Settlement or to make a required payment in connection with a Letter of Credit Disbursement), (b)
notified Borrower, Agent, or any Lender in writing that it does not intend to comply with all or
any portion of its funding obligations under the Agreement, (c) has made a public statement to the
effect that it does not intend to comply with its funding obligations under the

- 7 - 

 

Agreement or under other agreements generally (as reasonably determined by Agent) under which it
has committed to extend credit, (d) failed, within 3 Business Days after written request by Agent,
to confirm that it will comply with the terms of the Agreement relating to its obligations to fund
any amounts required to be funded by it under the Agreement, (e) otherwise failed to pay over to
Agent or any other Lender any other amount required to be paid by it under the Agreement within 2
Business Days of the date that it is required to do so under the Agreement, or (f) (i) becomes or
is insolvent or (ii) becomes the subject of a bankruptcy or insolvency proceeding, or has had a
receiver, conservator, trustee, or custodian or appointed for it, or has taken any action in
furtherance of, or indicating its consent to, approval of or acquiescence in any such proceeding or
appointment; provided, that a Lender shall not be deemed to be a Defaulting Lender pursuant
to the provisions of clause (f)(ii) above of this definition solely as the result of the
acquisition or maintenance of an ownership interest in such Lender or a parent company thereof by a
Governmental Authority or an instrumentality thereof if and so long as such ownership interest does
not (x) result in or provide the Lender with immunity from the jurisdiction of the courts within
the United States or from the enforcement of judgments or writs of attachments on its assets, (y)
permit the Lender (or such Governmental Authority or instrumentality), without the consent of
Agent, to reject, repudiate, disavow, disaffirm, amend, restate, supplement or otherwise modify
such Lender’s obligations under this Agreement, or (z) result in such Governmental Authority or
instrumentality having rights, powers or other authority over such Lender that are similar to those
provided to a receiver, conservator, trustee or custodian under applicable law, other than rights
customarily granted to a holder of Stock of such Lender.

          “Defaulting Lender Rate” means (a) for the first 3 days from and after the date the
relevant payment is due, the Base Rate, and (b) thereafter, the interest rate then applicable to
Advances that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).

          “Deposit Account” means any deposit account (as that term is defined in the Code).

          “Designated Account” means the Deposit Account of Borrower identified on Schedule
D-1.

          “Designated Account Bank” has the meaning specified therefor in Schedule D-1.

          “Designated Noncash Consideration” means the Fair Market Value of non-cash
consideration received by Borrower or any Restricted Subsidiary in connection with a sale or other
disposition of assets that is so designated as Designated Noncash Consideration pursuant to an
Officer’s Certificate delivered to Agent, setting forth the basis of such value.

          “Dillard’s Event” [***]

          “Dillard’s Litigation” means that certain litigation matter styled Dillard’s Inc. v.
i2 Technologies, Inc., Case No. DC-07-10924, filed in the 191st District Court of the State of
Texas, County of Dallas on or about September 13, 2007.

 

			
	[***]	 	Confidential information on this page has been omitted and filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Request.

- 8 - 

 

          “Dillard’s Judgment” means the judgment entered against i2 on or about September 30,
2010 in the Dillard’s Litigation, which judgment was appealed by i2 to the Court of Appeals for the
Fifth District of Texas on or about December 23, 2010.

          “Dollars” or “$” means United States dollars.

          “Domestic Subsidiary” means any Restricted Subsidiary of Borrower that was formed
under the laws of the United States or any state of the United States or the District of Columbia
or that guarantees or otherwise provides direct credit support for any Indebtedness of Borrower.

          “EBITDA” means, with respect to any specified Person for any period, the Net Income of
such Person for such period plus, without duplication:

          (a) an amount equal to any extraordinary loss plus any net loss realized by such Person or any
of its Subsidiaries in connection with a sale or other disposition of assets, to the extent such
losses were deducted in computing such Net Income; plus

          (b) provision for taxes based on income or profits of such Person and its Restricted
Subsidiaries for such period, to the extent that such provision for taxes was deducted in computing
such Net Income; plus

          (c) the Fixed Charges of such Person and its Subsidiaries for such period, to the extent that
such Fixed Charges were deducted in computing such Net Income; plus

          (d) the Transaction Costs for such period, to the extent that such Transaction Costs were
deducted in computing such Net Income; plus

          (e) any foreign currency translation losses (including losses related to currency
remeasurements of Indebtedness) of such Person and its Restricted Subsidiaries for such period, to
the extent that such losses were taken into account in computing such Net Income; plus

          (f) depreciation, amortization (including amortization of intangibles but excluding
amortization of prepaid cash expenses that were paid in a prior period) and other non-cash charges
and expenses (excluding any such non-cash charge or expense to the extent that it represents an
accrual of or reserve for cash charges or expenses in any future period or amortization of a
prepaid cash charge or expense that was paid in a prior period) of such Person and its Subsidiaries
for such period to the extent that such depreciation, amortization and other non-cash charges or
expenses were deducted in computing such Net Income; plus

          (g) any cash costs and expenses incurred by Borrower in connection with the Dillard’s
Litigation or the Oracle Litigation (including in connection with the settlement of such
litigation) to the extent deducted in computing such Net Income; minus

          (h) non-cash items increasing such Net Income for such period, other than the accrual of
revenue in the ordinary course of business; minus

          (i) interest income for such period and any software development costs to the extent
capitalized during such period,

          in each case, on a consolidated basis and determined in accordance with GAAP.

- 9 - 

 

          “Environmental Action” means any written complaint, summons, citation, notice,
directive, order, claim, litigation, investigation, judicial or administrative proceeding,
judgment, letter, or other written communication from any Governmental Authority, or any third
party involving violations of Environmental Laws or releases of Hazardous Materials (a) from any
assets, properties, or businesses of any Loan Party, any Restricted Subsidiary of a Loan Party, or
any of their respective predecessors in interest, (b) from adjoining properties or businesses, or
(c) from or onto any facilities which received Hazardous Materials generated by any Loan Party, any
Restricted Subsidiary of a Loan Party, or any of their respective predecessors in interest.

          “Environmental Law” means any applicable federal, state, provincial, foreign or local
statute, law, rule, regulation, ordinance, code, binding and enforceable guideline, binding and
enforceable written policy, or rule of common law now or hereafter in effect and in each case as
amended, or any judicial or administrative interpretation thereof, including any judicial or
administrative order, consent decree or judgment, in each case, to the extent binding on Borrower
or its Restricted Subsidiaries, relating to the environment, the effect of the environment on
employee health, or Hazardous Materials, in each case as amended from time to time.

          “Environmental Liabilities” means all liabilities, monetary obligations, losses,
damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel,
experts, or consultants, and costs of investigation and feasibility studies), fines, penalties,
sanctions, and interest incurred as a result of any claim or demand, or Remedial Action required,
by any Governmental Authority or any third party, and which relate to any Environmental Action.

          “Environmental Lien” means any Lien in favor of any Governmental Authority for
Environmental Liabilities.

          “Equipment” means equipment (as that term is defined in the Code).

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

          “ERISA Affiliate” means (a) any Person subject to ERISA whose employees are treated as
employed by the same employer as the employees of Borrower or any of its Subsidiaries under IRC
Section 414(b), (b) any trade or business subject to ERISA whose employees are treated as employed
by the same employer as the employees of Borrower or any of its Subsidiaries under IRC Section
414(c), (c) solely for purposes of Section 302 of ERISA and Section 412 of the IRC, any
organization subject to ERISA that is a member of an affiliated service group of which Borrower or
any of its Subsidiaries is a member under IRC Section 414(m), or (d) solely for purposes of Section
302 of ERISA and Section 412 of the IRC, any Person subject to ERISA that is a party to an
arrangement with Borrower or any of its Subsidiaries and whose employees are aggregated with the
employees of Borrower or any of its Subsidiaries under IRC Section 414(o).

          “Event of Default” has the meaning specified therefor in Section 8 of the
Agreement.

          “Excess” has the meaning specified therefor in Section 2.14(b) of the
Agreement.

          “Excess Availability” means, as of any date of determination, the amount equal to
Availability minus the aggregate amount, if any, of all trade payables of Borrower and its
Restricted Subsidiaries aged in excess of historical levels with respect thereto and all book
overdrafts of Borrower and its Restricted Subsidiaries in excess of historical practices with
respect thereto, in each case as determined by Agent in its Permitted Discretion.

- 10 - 

 

          “Exchange Act” means the Securities Exchange Act of 1934, as in effect from time to
time.

          “Excluded Deposit Accounts” has the meaning specified therefor in the Security
Agreement.

          “Excluded Security Accounts” has the meaning specified therefor in the Security
Agreement.

          “Existing Letters of Credit” means those letters of credit described on Schedule
E-1 to the Agreement.

          “Fair Market Value” means the value that would be paid by a willing buyer to an
unaffiliated willing seller in a transaction not involving distress or necessity of either party,
determined in good faith by the Board of Directors of Borrower (unless otherwise provided in this
Agreement).

          “Federal Funds Rate” means, for any period, a fluctuating interest rate per annum
equal to, for each day during such period, the weighted average of the rates on overnight Federal
funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as
published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such
rate is not so published for any day which is a Business Day, the average of the quotations for
such day on such transactions received by Agent from three Federal funds brokers of recognized
standing selected by it.

          “Fee Letter” means that certain fee letter, dated as of even date with the Agreement,
among Borrower and Agent, in form and substance reasonably satisfactory to Agent.

          “Fixed Charge Coverage Ratio” means with respect to any specified Person for any
period, the ratio of EBITDA of such Person for such period to the Fixed Charges of such Person for
such period. With respect to Borrower and its Subsidiaries, in the event that Borrower or any of
its Subsidiaries incurs, assumes, guarantees, repays, repurchases, redeems, defeases or otherwise
discharges any Indebtedness (other than ordinary working capital borrowings) or issues, repurchases
or redeems preferred stock subsequent to the commencement of the period for which the Fixed Charge
Coverage Ratio is being calculated and on or prior to the date on which the event for which the
calculation of the Fixed Charge Coverage Ratio is made (the “Calculation Date”), then the
Fixed Charge Coverage Ratio will be calculated giving pro forma effect (in accordance with
Regulation S-X under the Securities Act) to such incurrence, assumption, guarantee, repayment,
repurchase, redemption, defeasance or other discharge of Indebtedness, or such issuance, repurchase
or redemption of preferred stock, and the use of the proceeds therefrom, as if the same had
occurred at the beginning of the applicable four-quarter reference period.

          In addition, with respect to Borrower and its Subsidiaries, for purposes of calculating the
Fixed Charge Coverage Ratio:

          (a) acquisitions that have been made by Borrower or any of its Subsidiaries, including through
mergers or consolidations, or any Person or any of its Subsidiaries acquired by Borrower or any of
its Subsidiaries, and including all related financing transactions and including increases in
ownership of Restricted Subsidiaries, during the four-quarter reference period or subsequent to
such reference period and on or prior to the Calculation Date, or that are to be made on the
Calculation Date, will be given pro forma effect (in accordance with Regulation S-X under the
Securities Act), including Pro Forma Cost Savings whether or not such Pro Forma Cost Savings

- 11 - 

 

comply with Regulation S-X, as if they had occurred on the first day of the four-quarter
reference period;

          (b) EBITDA attributable to discontinued operations, as determined in accordance with GAAP, and
operations or businesses (and ownership interests therein) disposed of prior to the Calculation
Date, will be excluded;

          (c) Fixed Charges attributable to discontinued operations, as determined in accordance with
GAAP, and operations or businesses (and ownership interests therein) disposed of prior to the
Calculation Date, will be excluded, but only to the extent that the obligations giving rise to such
Fixed Charges will not be obligations of Borrower or any of its Subsidiaries following the
Calculation Date;

          (d) any Person that is a Subsidiary of Borrower on the Calculation Date will be deemed to have
been a Subsidiary of Borrower at all times during such four-quarter period;

          (e) any Person that is not a Subsidiary of Borrower on the Calculation Date will be deemed not
to have been a Subsidiary of Borrower at any time during such four-quarter period; and

          (f) if any Indebtedness bears a floating rate of interest, the interest expense on such
Indebtedness will be calculated as if the rate in effect on the Calculation Date had been the
applicable rate for the entire period (taking into account any obligations in respect of a Hedge
Agreement applicable to such Indebtedness if such obligations in respect of such Hedge Agreement
have a remaining term as at the Calculation Date in excess of 12 months).

          “Fixed Charges” means, with respect to any specified Person for any period, the sum,
without duplication, of:

          (a) the consolidated interest expense of such Person and its Restricted Subsidiaries for such
period, whether paid or accrued, including, without limitation, amortization of debt issuance costs
and original issue discount, non-cash interest payments, the interest component of any deferred
payment obligations, the interest component of all payments associated with Capitalized Lease
Obligations, commissions, discounts and other fees and charges incurred in respect of letter of
credit or bankers’ acceptance financings, and net of the effect of all payments made or received
pursuant to obligations owing under Hedge Agreements in respect of interest rates; plus

          (b) the consolidated interest expense of such Person and its Restricted Subsidiaries that was
capitalized during such period; plus

          (c) any interest on Indebtedness of another Person that is guaranteed by such Person or one of
its Restricted Subsidiaries or secured by a Lien on assets of such Person or one of its Restricted
Subsidiaries, whether or not such guarantee or Lien is called upon; plus

          (d) the product of (i) all dividends, whether paid or accrued and whether or not in cash, on
any series of preferred stock of such Person or any of its Restricted Subsidiaries, other than
dividends on Stock payable solely in Stock of Borrower (other than Prohibited Preferred Stock) or
to Borrower or a Restricted Subsidiary of Borrower, times (ii) a fraction, the numerator of which
is one and the denominator of which is one minus the then current combined federal, state and local
statutory tax rate of such Person, expressed as a decimal,

          in each case, determined on a consolidated basis in accordance with GAAP.

- 12 - 

 

          “Foreign Lender” means any Lender or Participant that is not a United States person
within the meaning of IRC section 7701(a)(30).

          “Foreign Subsidiary” means any Restricted Subsidiary of Borrower that is not a
Domestic Subsidiary.

          “Funded Indebtedness” means, as of any date of determination, all Indebtedness for
borrowed money or letters of credit of Borrower, determined on a consolidated basis in accordance
with GAAP, that by its terms matures more than one year after the date of calculation, and any such
Indebtedness maturing within one year from such date that is renewable or extendable at the option
of Borrower or its Subsidiaries, as applicable, to a date more than one year from such date,
including, in any event, but without duplication, with respect to Borrower and its Subsidiaries,
the Revolver Usage, the Indebtedness represented by the Senior Notes, and the amount of their
Capitalized Lease Obligations.

          “Funding Date” means the date on which a Borrowing occurs.

          “Funding Losses” has the meaning specified therefor in Section 2.12(b)(ii) of
the Agreement.

          “GAAP” means generally accepted accounting principles as in effect from time to time
in the United States, consistently applied; provided, however, that all
calculations relative to liabilities shall be made without giving effect to Statement of Financial
Accounting Standards No. 159.

          “Governing Documents” means, with respect to any Person, the certificate or articles
of incorporation, by-laws, or other organizational documents of such Person.

          “Governmental Authority” means any federal, state, local, or other governmental or
administrative body, instrumentality, board, department, or agency or any court, tribunal,
administrative hearing body, arbitration panel, commission, or other similar dispute-resolving
panel or body.

          “Guarantors” means (a) each Restricted Subsidiary of Borrower (other than any
Immaterial Subsidiary or other Subsidiary that is not required to become a Guarantor pursuant to
Section 5.11 of the Agreement), and (b) each other Person that becomes a guarantor after
the Closing Date pursuant to Section 5.11 of the Agreement, and “Guarantor” means
any one of them.

          “Guaranty” means that certain general continuing guaranty, dated as of even date with
the Agreement, executed and delivered by each extant Guarantor in favor of Agent, for the benefit
of the Lender Group and the Bank Product Providers, in form and substance reasonably satisfactory
to Agent.

          “Hazardous Materials” means (a) substances that are defined or listed in, or otherwise
classified pursuant to, any applicable laws or regulations as “hazardous substances,” “hazardous
materials,” “hazardous wastes,” “toxic substances,” or any other formulation intended to define,
list, or classify substances by reason of deleterious properties such as ignitability, corrosivity,
reactivity, carcinogenicity, reproductive toxicity, or “EP toxicity”, (b) oil, petroleum, or
petroleum derived substances, natural gas, natural gas liquids, synthetic gas, drilling fluids,
produced waters, and other wastes associated with the exploration, development, or production of
crude oil, natural gas, or geothermal resources, (c) any flammable substances or explosives or any
radioactive materials, and (d) asbestos in any form or electrical equipment that contains any oil
or dielectric fluid containing levels of polychlorinated biphenyls in excess of 50 parts per
million.

- 13 - 

 

          “Hedge Agreement” means a “swap agreement” as that term is defined in Section
101(53B)(A) of the Bankruptcy Code.

          “Hedge Obligations” means any and all obligations or liabilities, whether absolute or
contingent, due or to become due, now existing or hereafter arising, of a Loan Party arising under,
owing pursuant to, or existing in respect of Hedge Agreements entered into with one or more of the
Bank Product Providers.

          “Hedge Provider” means any Person party to a Hedge Agreement that was a Lender or an
Affiliate on the date hereof or at the time such Hedge Agreement was executed and delivered by the
parties thereto; provided, however, that no such Person (other than Wells Fargo or
its Affiliates) shall constitute a Hedge Provider unless and until Agent shall have received a Bank
Product Provider Letter Agreement from such Person and with respect to the applicable Hedge
Agreement within 30 days after the execution and delivery of such Hedge Agreement with a Loan Party
(other than with respect to the RBS Hedge and any Bank Product provided by JPMorgan Chase Bank,
N.A. prior to the date of the Agreement, in which case, Agent shall have received a Bank Product
Letter Agreement within 30 days after the Closing Date); provided, however, that
from and after the date on which a Person who was previously a Lender is no longer a Lender under
the Agreement, such Person and its Affiliates will only be a Hedge Provider with respect to Bank
Products evidenced by a Hedge Agreement that were provided prior to the date of the Agreement or at
a time when such Person or one of its Affiliates was a Lender.

          “Holdout Lender” has the meaning specified therefor in Section 14.2(a) of the
Agreement.

          “i2” means i2 Technologies, Inc., a Delaware corporation.

          “IFRS” means the International Financial Reporting Standards, as promulgated by the
International Accounting Standards Board, consistently applied.

          “Immaterial Subsidiary” means, as of any date of determination, any Subsidiary of
Borrower whose total assets, as of the last day of the most recent trailing 12-month period for
which Borrower has delivered financial statements pursuant to Section 5.1 of the Agreement,
have a fair market value of less than $250,000 and whose total revenues for the most recent
trailing 12-month period for which Borrower has delivered financial statements pursuant to
Section 5.1 of the Agreement do not exceed $250,000; provided that a Subsidiary of
Borrower will not be considered to be an Immaterial Subsidiary if it, directly or indirectly,
guarantees or otherwise provides direct credit support for any Indebtedness of Borrower.

          “Increase” has the meaning specified therefor in Section 2.14(a) of the
Agreement.

          “Increase Date” has the meaning specified therefor in Section 2.14(b) of the
Agreement.

          “Increase Joinder” has the meaning specified therefor in Section 2.14(b) of
the Agreement.

          “Indebtedness” means, with respect to any specified Person, any indebtedness of such
Person (excluding accrued expenses, trade payables and time-based licenses), whether or not
contingent:

          (a) in respect of borrowed money;

- 14 - 

 

          (b) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or
reimbursement agreements in respect thereof);

          (c) in respect of banker’s acceptances;

          (d) representing Capitalized Lease Obligations;

          (e) representing the balance deferred and unpaid of the purchase price of any property or
services due more than nine months after such property is acquired or such services are completed;

          (f) representing obligations owing under Hedge Agreements (which amount shall be calculated
based on the amount that would be payable by such Person if the Hedge Agreement were terminated on
the applicable date of determination);

          if and to the extent any of the preceding items (other than letters of credit, obligations
owing under Hedge Agreements or Prohibited Preferred Stock) would appear as a liability upon a
balance sheet of the specified Person prepared in accordance with GAAP. In addition, the term
“Indebtedness” includes all Indebtedness of others secured by a Lien on any asset of the specified
Person (whether or not such Indebtedness is assumed by the specified Person) and, to the extent not
otherwise included, the guarantee by the specified Person of any Indebtedness of any other Person.
Indebtedness shall be calculated without giving effect to the effects of Statement of Financial
Accounting Standards No. 133 and related interpretations to the extent such effects would otherwise
increase or decrease an amount of Indebtedness for any purpose under the Agreement as a result of
accounting for any embedded derivatives created by the terms of such Indebtedness.

          “Indemnified Liabilities” has the meaning specified therefor in Section 10.3
of the Agreement.

          “Indemnified Person” has the meaning specified therefor in Section 10.3 of the
Agreement.

          “Indian Tax Controversies” has the meaning specified therefor in Section 4.20
of the Agreement.

          “Insolvency Proceeding” means any proceeding commenced by or against any Person under
any provision of the Bankruptcy Code or under any other state or federal bankruptcy or insolvency
law, assignments for the benefit of creditors, formal or informal moratoria, compositions,
extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other
similar relief.

          “Intercompany Subordination Agreement” means an intercompany subordination agreement,
dated as of even date with the Agreement, executed and delivered by Borrower, each of the other
Loan Parties, and Agent, the form and substance of which is reasonably satisfactory to Agent.

          “Interest Period” means, with respect to each LIBOR Rate Loan, a period commencing on
the date of the making of such LIBOR Rate Loan (or the continuation of a LIBOR Rate Loan or the
conversion of a Base Rate Loan to a LIBOR Rate Loan) and ending 1, 2, or 3 months thereafter;
provided, however, that (a) interest shall accrue at the applicable rate based upon
the LIBOR Rate from and including the first day of each Interest Period to, but excluding, the day
on which any Interest Period expires, (b) any Interest Period that would end on a day that is not a
Business Day shall be extended to the next succeeding Business Day unless such Business Day falls
in

- 15 - 

 

another calendar month, in which case such Interest Period shall end on the next preceding
Business Day, (c) with respect to an Interest Period that begins on the last Business Day of a
calendar month (or on a day for which there is no numerically corresponding day in the calendar
month at the end of such Interest Period), the Interest Period shall end on the last Business Day
of the calendar month that is 1, 2, or 3 months after the date on which the Interest Period began,
as applicable, and (d) Borrower may not elect an Interest Period which will end after the Maturity
Date.

          “Inventory” means inventory (as that term is defined in the Code).

          “Investments” means, with respect to any Person, all direct or indirect investments by
such Person in other Persons (including Affiliates) in the forms of loans (including guarantees or
other obligations), advances or capital contributions (excluding commission, payroll, travel,
moving and similar advances to officers and employees made in the ordinary course of business),
purchases or other acquisitions for consideration of Indebtedness, Stock or other securities,
together with all items that are or would be classified as investments on a balance sheet prepared
in accordance with GAAP. If Borrower or any Restricted Subsidiary of Borrower sells or otherwise
disposes of any Stock of any direct or indirect Restricted Subsidiary of Borrower such that, after
giving effect to any such sale or disposition, such Person is no longer a Restricted Subsidiary of
Borrower, Borrower will be deemed to have made an Investment on the date of any such sale or
disposition equal to the Fair Market Value of Borrower’s Investments in such Subsidiary that were
not sold or disposed of in an amount determined as provided in the final paragraph of Section
6.9 of the Agreement. The acquisition by Borrower or any Restricted Subsidiary of Borrower of
a Person that holds an Investment in a third Person will be deemed to be an Investment by Borrower
or such Restricted Subsidiary in such third Person in an amount equal to the Fair Market Value of
the Investments held by the acquired Person in such third Person in an amount determined as
provided in the final paragraph of Section 6.9 of the Agreement. Except as otherwise
provided in the Agreement, the amount of an Investment will be determined at the time the
Investment is made and without giving effect to subsequent changes in value.

          “IP Reporting Certificate” means an IP reporting certificate substantially in the form
of Exhibit I-1 executed and delivered by the Loan Parties to Agent.

          “IRC” means the Internal Revenue Code of 1986, as in effect from time to time.

          “Issuing Lender” means WFCF or any other Lender that, at the request of Borrower and
with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender
for the purpose of issuing Letters of Credit or Reimbursement Undertakings pursuant to Section
2.11 of the Agreement and the Issuing Lender shall be a Lender.

          “Lender” has the meaning set forth in the preamble to the Agreement, shall include the
Issuing Lender and the Swing Lender, and shall also include any other Person made a party to the
Agreement pursuant to the provisions of Section 13.1 of the Agreement and “Lenders”
means each of the Lenders or any one or more of them.

          “Lender Group” means each of the Lenders (including the Issuing Lender and the Swing
Lender) and Agent, or any one or more of them.

          “Lender Group Expenses” means all (a) costs or expenses (including taxes, and
insurance premiums) required to be paid by any Loan Party or any of its Restricted Subsidiaries
under any of the Loan Documents that are paid, advanced, or incurred by the Lender Group, (b)
out-of-pocket fees or charges paid or incurred by Agent in connection with the Lender Group’s
transactions with any Loan Party or any of its Subsidiaries under any of the Loan Documents,
including, fees or charges for photocopying, notarization, couriers and messengers,
telecommunication, public record searches (including tax lien, litigation, and UCC searches and
including searches with the patent and

- 16 - 

 

trademark office, the copyright office), filing, recording, publication, appraisal (including
periodic collateral appraisals or business valuations to the extent of the fees and charges (and up
to the amount of any limitation) contained in the Agreement or the Fee Letter), real estate
surveys, real estate title policies and endorsements, and environmental audits, (c) Agent’s
customary fees and charges (as adjusted from time to time) with respect to the disbursement of
funds (or the receipt of funds) to or for the account of any Loan Party (whether by wire transfer
or otherwise), together with any out-of-pocket costs and expenses incurred in connection therewith,
(d) out-of-pocket charges paid or incurred by Agent resulting from the dishonor of checks payable
by or to any Loan Party, (e) reasonable out-of-pocket costs and expenses paid or incurred by the
Lender Group to correct any default or enforce any provision of the Loan Documents, or during the
continuance of an Event of Default, in gaining possession of, maintaining, handling, preserving,
storing, shipping, selling, preparing for sale, or advertising to sell the Collateral, or any
portion thereof, irrespective of whether a sale is consummated, (f) reasonable out-of-pocket audit
fees and expenses (including travel, meals, and lodging) of Agent related to any inspections or
audits to the extent of the fees and charges (and up to the amount of any limitation) contained in
the Agreement or the Fee Letter, (g) reasonable out-of-pocket costs and expenses of third party
claims or any other suit paid or incurred by the Lender Group in enforcing or defending the Loan
Documents or in connection with the transactions contemplated by the Loan Documents or the Lender
Group’s relationship with any Loan Party or any of its Subsidiaries, (h) Agent’s reasonable costs
and expenses (including reasonable attorneys fees) incurred in advising, structuring, drafting,
reviewing, administering (including travel, meals, and lodging), syndicating, or amending the Loan
Documents, (i) Agent’s and each Lender’s reasonable costs and expenses (including reasonable
attorneys, accountants, consultants, and other advisors fees and expenses) incurred in terminating,
enforcing (including attorneys, accountants, consultants, and other advisors fees and expenses
incurred in connection with a “workout,” a “restructuring,” or an Insolvency Proceeding concerning
any Loan Party or any of its Subsidiaries or in exercising rights or remedies under the Loan
Documents), or defending the Loan Documents, irrespective of whether suit is brought, or in taking
any Remedial Action concerning the Collateral, and (j) usage charges, charges, fees, costs and
expenses for amendments, renewals, extensions, transfers, or drawings from time to time imposed by
the Underlying Issuer or incurred by the Issuing Lender in respect of Letters of Credit and
out-of-pocket charges, fees, costs and expenses paid or incurred by the Underlying Issuer or
Issuing Lender in connection with the issuance, amendment, renewal, extension, or transfer of, or
drawing under, any Letter of Credit or any demand for payment thereunder; provided, that, so long
as no Event of Default has occurred and is continuing, solely with respect to clause (h) above,
such attorney fees shall be limited to one counsel (along with additional local and special counsel
as needed and, in the case of an actual or perceived conflict of interest, another firm of counsel
for such affected Persons).

          “Lender Group Representatives” has the meaning specified therefor in Section
17.9 of the Agreement.

          “Lender-Related Person” means, with respect to any Lender, such Lender, together with
such Lender’s Affiliates, officers, directors, members, partners, employees, attorneys, and agents.

          “Lender Substitution Date” has the meaning specified therefor in Section
2.3(g) of the Agreement.

          “Letter of Credit” means a letter of credit (as that term is defined in the Code)
issued by Issuing Lender or a letter of credit (as that term is defined in the Code) issued by
Underlying Issuer, as the context requires.

          “Letter of Credit Collateralization” means either (a) providing cash collateral
(pursuant to documentation reasonably satisfactory to Agent, including provisions that specify that
the Letter of Credit fee and all usage charges set forth in the Agreement will continue to accrue
while the

- 17 - 

 

Letters of Credit are outstanding) to be held by Agent for the benefit of those Lenders with a
Commitment in an amount equal to 105% of the then existing Letter of Credit Usage, (b) delivering
to Agent documentation executed by all beneficiaries under the Letters of Credit, in form and
substance reasonably satisfactory to Agent and the Issuing Lender, terminating all of such
beneficiaries’ rights under the Letters of Credit, or (c) providing Agent with a standby letter of
credit, in form and substance reasonably satisfactory to Agent, from a commercial bank acceptable
to Agent (in its sole discretion) in an amount equal to 105% of the then existing Letter of Credit
Usage (it being understood that the Letter of Credit fee and all usage charges set forth in the
Agreement will continue to accrue while the Letters of Credit are outstanding and that any such
fees that accrue must be an amount that can be drawn under any such standby letter of credit).

          “Letter of Credit Disbursement” means a payment made by Issuing Lender or Underlying
Issuer pursuant to a Letter of Credit.

          “Letter of Credit Usage” means, as of any date of determination, the aggregate undrawn
amount of all outstanding Letters of Credit.

          “LIBOR Deadline” has the meaning specified therefor in Section 2.12(b)(i) of
the Agreement.

          “LIBOR Notice” means a written notice in the form of Exhibit L-1.

          “LIBOR Option” has the meaning specified therefor in Section 2.12(a) of the
Agreement.

          “LIBOR Rate” means the rate per annum rate appearing on Bloomberg L.P.’s (the
“Service”) Page BBAM1/(Official BBA USD Dollar Libor Fixings) (or on any successor or
substitute page of such Service, or any successor to or substitute for such Service) 2 Business
Days prior to the commencement of the requested Interest Period, for a term and in an amount
comparable to the Interest Period and the amount of the LIBOR Rate Loan requested (whether as an
initial LIBOR Rate Loan or as a continuation of a LIBOR Rate Loan or as a conversion of a Base Rate
Loan to a LIBOR Rate Loan) by Borrower in accordance with the Agreement, which determination shall
be conclusive in the absence of manifest error.

          “LIBOR Rate Loan” means each portion of an Advance that bears interest at a rate
determined by reference to the LIBOR Rate.

          “LIBOR Rate Margin” means, as of any date of determination (with respect to any
portion of the outstanding Advances on such date that is a LIBOR Rate Loan), the applicable margin
set forth in the following table that corresponds to the most recent Total Leverage Ratio
Calculation; provided, however, that for the period from the Closing Date through
the date Agent receives the Total Leverage Ratio Calculation in respect of the testing period
ending June 30, 2011, the LIBOR Rate Margin shall be at the margin in the row styled “Level II”:

	 	 	 	 	 
	Level	 	Total Leverage Ratio Calculation	 	LIBOR Rate Margin
	I

	 	If the Total Leverage Ratio is less than
1.50:1.00
	 	2.00 percentage points
	 
	 	 	 	 
	II

	 	If the Total Leverage Ratio is greater
than or equal to 1.50:1.00 and less than
2.50:1.00
	 	2.25 percentage points

- 18 - 

 

	 	 	 	 	 
	Level	 	Total Leverage Ratio Calculation	 	LIBOR Rate Margin
	III

	 	If the Total Leverage Ratio is greater
than or equal to 2.50:1.00
	 	2.50 percentage points

          Except as set forth in the foregoing proviso, the LIBOR Rate Margin shall be based upon the
most recent Total Leverage Ratio Calculation, which will be calculated as of the end of each fiscal
quarter. Except as set forth in the foregoing proviso, the LIBOR Rate Margin shall be
re-determined quarterly on the first day of the month following the date of delivery to Agent of
the certified calculation of the Total Leverage Ratio pursuant to Section 5.1 of the
Agreement; provided, however, that if Borrower fails to provide such certification
when such certification is due, the LIBOR Rate Margin shall be set at the margin in the row styled
“Level III” as of the first day of the month following the date on which the certification was
required to be delivered until the date on which such certification is delivered (on which date
(but not retroactively), without constituting a waiver of any Default or Event of Default
occasioned by the failure to timely deliver such certification, the LIBOR Rate Margin shall be set
at the margin based upon the calculations disclosed by such certification. In the event that the
information regarding the Total Leverage Ratio contained in any certificate delivered pursuant to
Section 5.1 of the Agreement is shown to be inaccurate, and such inaccuracy, if corrected,
would have led to the application of a higher LIBOR Rate Margin for any period (a “LIBOR Rate
Period”) than the LIBOR Rate Margin actually applied for such LIBOR Rate Period, then (i)
Borrower shall immediately deliver to Agent a correct certificate for such LIBOR Rate Period, (ii)
the LIBOR Rate Margin shall be determined as if the correct LIBOR Rate Margin (as set forth in the
table above) were applicable for such LIBOR Rate Period, and (iii) Borrower shall immediately
deliver to Agent full payment in respect of the accrued additional interest and Letter of Credit
fees as a result of such increased LIBOR Rate Margin for such LIBOR Rate Period, which payment
shall be promptly applied by Agent to the affected Obligations.

          “License” means any permit or registration required by any Governmental Authority to
conduct business.

          “Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, charge,
deposit arrangement, encumbrance, easement, lien (statutory or other), security interest, or other
security arrangement and any other preference, priority, or preferential arrangement of any kind or
nature whatsoever, including any conditional sale contract or other title retention agreement, the
interest of a lessor under a Capital Lease and any synthetic or other financing lease having
substantially the same economic effect as any of the foregoing.

          “Liquidity Requirement” has the meaning specified therefor in Section 5.16 of
the Agreement.

          “Loan Account” has the meaning specified therefor in Section 2.9 of the
Agreement.

          “Loan Documents” means the Agreement, the Controlled Account Agreements, the Control
Agreements, the Copyright Security Agreement, the Fee Letter, the Guaranty, the Intercompany
Subordination Agreement, the IP Reporting Certificate, the Letters of Credit, the Mortgages, the
Patent Security Agreement, the Security Agreement, the Trademark Security Agreement, any note or
notes executed by Borrower in connection with the Agreement and payable to any member of the Lender
Group, any letter of credit application or letter of credit agreement entered into by Borrower in
connection with the Agreement, and any other instrument or agreement entered into, now or in the
future, by Borrower or any of its Subsidiaries and any member of the Lender Group in connection
with the Agreement; provided, however, that in no event shall any Bank Product
Agreement be deemed to be a Loan Document.

          “Loan Party” means Borrower or any Guarantor.

- 19 - 

 

          “Major Acquisitions” has the meaning specified therefor in the definition of
“Permitted Acquisition”.

          “Manugistics” means Manugistics, Inc., a Delaware corporation.

          “Margin Stock” as defined in Regulation U of the Board of Governors of the Federal
Reserve System as in effect from time to time.

          “Material Adverse Change” means (a) a material adverse change in the business,
operations, results of operations, assets, liabilities or financial condition of Borrower and its
Subsidiaries, taken as a whole, (b) a material impairment of Borrower’s and its Restricted
Subsidiaries’ ability to perform their obligations under the Loan Documents to which they are
parties or of the Lender Group’s ability to enforce the Obligations or realize upon the Collateral,
or (c) a material impairment of the enforceability or priority of Agent’s Liens with respect to the
Collateral as a result of an action or failure to act on the part of Borrower or any of its
Restricted Subsidiaries.

          “Material Contract” means any agreement that would be a “material contract” as defined
in 601(b)(11) of Regulation S-K, promulgated pursuant to the Securities Act, as such regulation is
in effect on the Closing Date.

          “Material Subsidiary” means, as of any date of determination, any Subsidiary of
Borrower that is not an Immaterial Subsidiary.

          “Maturity Date” means September 15, 2014; provided that if (a) the maturity
date of the Senior Notes is extended to a date that is on or after 90 days after the date that is 5
years from the Closing Date, (b) all of the Senior Notes are refinanced or replaced as permitted
under the Agreement and the maturity date of all the notes that refinance or replace all of the
Senior Notes is on or after 90 days after the date that is 5 years from the Closing Date, or (c)
all of the Senior Notes are converted into equity of Borrower, then “Maturity Date” shall mean the
date that is 5 years after the Closing Date.

          “Maximum Revolver Amount” means $100,000,000, decreased by the amount of reductions in
the Commitments made in accordance with Section 2.4(c) of the Agreement or increased in
accordance with Section 2.14.

          “Moody’s” has the meaning specified therefor in the definition of Cash Equivalents.

          “Mortgages” means, individually and collectively, one or more mortgages, deeds of
trust, or deeds to secure debt, executed and delivered by Borrower or one of its Restricted
Subsidiaries in favor of Agent, in form and substance reasonably satisfactory to Agent, that
encumber the Real Property Collateral.

          “Net Cash Proceeds” means, with respect to any sale or other disposition by Borrower
or any of its Restricted Subsidiaries of assets, the amount of cash proceeds received (directly or
indirectly) from time to time (whether as initial consideration or through the payment of deferred
consideration) by or on behalf of Borrower or its Restricted Subsidiaries, in connection therewith
after deducting therefrom only (i) the amount of any Indebtedness secured by any Permitted Lien on
any asset (other than (A) Indebtedness owing to Agent or any Lender under the Agreement or the
other Loan Documents and (B) Indebtedness assumed by the purchaser of such asset) which is required
to be, and is, repaid in connection with such sale or disposition, (ii) reasonable fees,
commissions, and expenses related thereto and required to be paid by Borrower or such Restricted
Subsidiary in connection with such sale or disposition and (iii) taxes paid or payable to any
taxing authorities by Borrower or such Restricted Subsidiary in connection with such sale or
disposition, in

- 20 - 

 

each case to the extent, but only to the extent, that the amounts so deducted are, at the time
of receipt of such cash, actually paid or payable to a Person that is not an Affiliate of Borrower
or any of its Subsidiaries, and are properly attributable to such transaction

          “Net Income” means, with respect to any specified Person for any period, the aggregate
of the net income (loss) of such Person and its Subsidiaries for such period, on a consolidated
basis, determined in accordance with GAAP and without any reduction in respect of preferred stock
dividends; provided that:

          (a) all gains or losses realized in connection with any sale or other disposition of assets or
securities or the early extinguishment of Indebtedness, together with any related provision for
taxes on any such gain, will be excluded;

          (b) the net income (but not loss) of any Person that is accounted for by the equity method of
accounting will be included only to the extent of the amount of dividends or similar distributions
paid in cash to the specified Person or a d Subsidiary of the Person;

          (c) the net income (but not loss) of any Subsidiary will be excluded to the extent that the
declaration or payment of dividends or similar distributions by that Subsidiary of that net income
is not at the date of determination permitted without any prior governmental approval (that has not
been obtained) or, directly or indirectly, by operation of the terms of its charter or any
agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable
to that Subsidiary or its stockholders;

          (d) the cumulative effect of a change in accounting principles will be excluded; and

          (e) non-cash gains and losses attributable to movement in the mark-to-market valuation of
obligations owing under Hedge Agreements pursuant to Financial Accounting Standards Board Statement
No. 133 will be excluded.

          “Non-Recourse Debt” means Indebtedness:

          (a) as to which neither Borrower nor any of its Restricted Subsidiaries (i) provides credit
support of any kind (including any undertaking, agreement or instrument that would constitute
Indebtedness) or (ii) is directly or indirectly liable as a guarantor or otherwise; and

          (b) no default with respect to which (including any rights that the holders thereof may have
to take enforcement action against an Unrestricted Subsidiary) would permit upon notice, lapse of
time or both any holder or holders of any other Indebtedness (other than the Indebtedness evidenced
by the Senior Notes or the Obligations) of Borrower or any Restricted Subsidiary in an aggregate
principal amount of $25,000,000 or more to declare a default on the other Indebtedness or cause the
payment thereof to be accelerated or payable prior to its stated maturity.

          “Obligations” means (a) all loans (including the Advances (inclusive of Protective
Advances and Swing Loans)), debts, principal, interest (including any interest that accrues after
the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole
or in part as a claim in any such Insolvency Proceeding), reimbursement or indemnification
obligations with respect to Reimbursement Undertakings or with respect to Letters of Credit
(irrespective of whether contingent), premiums, liabilities (including all amounts charged to the
Loan Account pursuant to the Agreement), obligations (including indemnification obligations), fees
(including the fees provided for in the Fee Letter), Lender Group Expenses (including any fees or
expenses that accrue after the commencement of an Insolvency Proceeding, regardless of whether
allowed or

- 21 - 

 

allowable in whole or in part as a claim in any such Insolvency Proceeding), guaranties, and
all covenants and duties of any other kind and description owing by any Loan Party pursuant to or
evidenced by the Agreement or any of the other Loan Documents and irrespective of whether for the
payment of money, whether direct or indirect, absolute or contingent, due or to become due, now
existing or hereafter arising, and including all interest not paid when due and all other expenses
or other amounts that any Loan Party is required to pay or reimburse by the Loan Documents or by
law or otherwise in connection with the Loan Documents, (b) all debts, liabilities, or obligations
(including reimbursement obligations, irrespective of whether contingent) owing by Borrower or any
other Loan Party to an Underlying Issuer now or hereafter arising from or in respect of Underlying
Letters of Credit, and (c) all Bank Product Obligations. Any reference in the Agreement or in the
Loan Documents to the Obligations shall include all or any portion thereof and any extensions,
modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency
Proceeding.

          “OFAC” means The Office of Foreign Assets Control of the U.S. Department of the
Treasury.

          “Officers’ Certificate” means a certificate signed on behalf of a Loan Party or one of
its Restricted Subsidiaries by two officers of such Person, one of whom must be the principal
executive officer, the principal financial officer, the treasurer or the principal accounting
officer of such Person, which includes the following:

          (a) a statement that the Person making such certificate has read the covenant or condition to
which it relates;

          (b) a brief statement as to the nature and scope of the examination or investigation upon
which the statements or opinions contained in such certificate are based;

          (c) a statement that, in the opinion of such Person, he or she has made such examination or
investigation as is necessary to enable him or her to express an informed opinion as to whether or
not the covenant or condition to which it relates has been satisfied; and

          (d) a statement as to whether or not, in the opinion of such Person, the condition or covenant
to which it relates has been satisfied.

          “Oracle Litigation” means, collectively, Case No. 6:09-cv-194-LED, filed in the United
States District Court for the Easter District of Texas, Tyler Division on or about April 29, 2009,
and related Case No. 6:10-cv-00284-LED.

          “Originating Lender” has the meaning specified therefor in Section 13.1(e) of
the Agreement.

          “Overadvance” has the meaning specified therefor in Section 2.5 of the
Agreement.

          “Participant” has the meaning specified therefor in Section 13.1(e) of the
Agreement.

          “Patent Security Agreement” has the meaning specified therefor in the Security
Agreement.

          “Patriot Act” has the meaning specified therefor in Section 4.18 of the
Agreement.

          “Payoff Date” means the first date on which all of the Obligations are paid in full
and the Commitments of the Lenders are terminated.

- 22 - 

 

          “Permitted Acquisition” means any Acquisition so long as:

          (a) no Default or Event of Default shall have occurred and be continuing or would result from
the consummation of the proposed Acquisition and the proposed Acquisition is consensual;

          (b) no Indebtedness will be incurred, assumed, or would exist with respect to Borrower or its
Restricted Subsidiaries as a result of such Acquisition, other than Permitted Indebtedness and no
Liens will be incurred, assumed, or would exist with respect to the assets of Borrower or its
Restricted Subsidiaries as a result of such Acquisition other than Permitted Liens;

          (c) if, but only if, the cash and Indebtedness portion of the purchase price consideration for
the proposed Acquisition is, in the aggregate, an amount greater than $75,000,000 (such
Acquisitions, “Major Acquisitions”), Borrower has provided Agent with written confirmation,
supported by reasonably detailed calculations, that on a pro forma basis (including pro forma
adjustments arising out of events which are directly attributable to such proposed Acquisition, are
factually supportable, and are expected to have a continuing impact, in each case, determined as if
the combination had been accomplished at the beginning of the relevant period; such eliminations
and inclusions determined on a basis consistent with Article 11 of Regulation S-X promulgated under
the Securities Act and as interpreted by the staff of the SEC) created by adding the historical
combined financial statements of Borrower (including the combined financial statements of any other
person or assets that were the subject of a prior Permitted Acquisition during the relevant period)
to the historical consolidated financial statements of the Person to be acquired (or the historical
financial statements related to the assets to be acquired) pursuant to the proposed Acquisition,
Borrower and its Subsidiaries are projected to be in compliance with Section 5.16 and the
financial covenants set forth in Section 7 for the 4 fiscal quarter period ended one year
after the proposed date of consummation of such proposed Acquisition;

          (d) for each Major Acquisition, Borrower has provided Agent with forecasted balance sheets,
profit and loss statements, and cash flow statements of the target, all prepared on a basis
consistent with such target’s historical financial statements, together with appropriate supporting
details and a statement of underlying assumptions for the 1 year period following the date of the
proposed Acquisition, on a quarter by quarter basis);

          (e) Borrower has provided Agent with written notice of the proposed Acquisition at least 10
Business Days prior to the anticipated closing date of the proposed Acquisition and, not later than
5 Business Days prior to the anticipated closing date of the proposed Acquisition, copies of the
acquisition agreement and other material documents relative to the proposed Acquisition;

          (f) the assets being acquired (other than a de minimis amount of assets in relation to
Borrower’s and its Restricted Subsidiaries’ total assets), or the target, are useful in or engaged
in, as applicable, the business of Borrower and its Restricted Subsidiaries or a business
reasonably related, complementary, or ancillary thereto; and

          (g) the subject assets or stock, as applicable, are being acquired directly by a Loan Party,
and, in connection therewith, the applicable Loan Party shall have provided such documents and
instruments as requested by Agent to perfect Agent’s security interest therein; provided
that only 65% of the Stock of (or other ownership interests in) CFCs, and no Stock of (or other
ownership interests in) any subsidiary of any CFC, will be required to be pledged if the pledge of
a greater percentage could reasonably be expected to (i) result in adverse tax consequences to
Borrower or its Restricted Subsidiaries, or (ii) create a burden to Borrower and its Restricted
Subsidiaries that substantially exceeds the benefit to Agent and Lenders, as determined by Agent in
its reasonable discretion.

- 23 - 

 

          “Permitted Business” means any business that is the same as, or reasonably related,
ancillary or complementary to, or reasonable extensions of, any of the businesses in which Borrower
or any of its Subsidiaries are engaged as of the Closing Date.

          “Permitted Discretion” means a determination made in the exercise of reasonable (from
the perspective of a secured lender) business judgment.

          “Permitted Disposition” means:

          (a) so long as no Default or Event of Default has occurred and is continuing or would result
therefrom, any single sale or disposition or series of related sales or dispositions that involves
assets (other than (i) Accounts, (ii) intellectual property (excluding intellectual property (other
than the Required Library) that is part of tangible assets included in the sale or disposition of
assets not primarily intellectual property), or (iii) Stock of Restricted Subsidiaries of Borrower
that are Material Subsidiaries) having a Fair Market Value of less than $10,000,000;

          (b) a transfer of assets between or among Borrower and its wholly owned Restricted
Subsidiaries that are Loan Parties;

          (c) an issuance or sale of Stock by a Restricted Subsidiary of Borrower to Borrower or to a
wholly owned Restricted Subsidiary of Borrower;

          (d) an issuance or sale of Stock (other than Prohibited Preferred Stock) of Borrower;

          (e) the sale, lease, sublease or other transfer of products or services in the ordinary course
of business and any sale or other disposition of damaged, worn-out or obsolete assets (other than
Accounts or intellectual property) in the ordinary course of business;

          (f) the sale or discount, in each case without recourse, of Accounts arising in the ordinary
course of business, but only in connection with the compromise or collection thereof,

          (g) the abandonment or other disposition of intellectual property that is, in the reasonable
judgment of Borrower, no longer economically desirable in the conduct of the business of Borrower
and its Restricted Subsidiaries taken as whole and so long as such abandonment or disposition is
not materially adverse to the interests of the Lenders;

          (h) (i) non-exclusive licenses and sublicenses granted by Borrower or any of its Restricted
Subsidiaries of software or intellectual property in the ordinary course of business, or (ii)
exclusive licenses and sublicenses granted by Borrower or any of its Restricted Subsidiaries of
software or intellectual property to customers for a limited duration and solely with respect to
custom modifications or new standard software not previously generally marketed by Borrower or any
of its Restricted Subsidiaries (and not for standard software applications previously generally
marketed by Borrower or any of its Restricted Subsidiaries) in the ordinary course of business;

          (i) the granting of Liens not prohibited by Section 6.2 of the Agreement;

          (j) the use or transfer of money or Cash Equivalents in a manner that is not prohibited by the
terms of the Agreement or the other Loan Documents;

          (k) a Restricted Payment that does not violate Section 6.9 of the Agreement;

- 24 - 

 

          (l) any involuntary loss, damage or destruction of property or any involuntary condemnation,
seizure or taking, by exercise of the power of eminent domain or otherwise, or confiscation or
requisition of use of property; and

          (m) sales or other dispositions of assets (other than (i) Accounts, (ii) intellectual property
(other than Accounts, intellectual property (excluding intellectual property (other than the
Required Library) that is part of tangible assets included in the sale or disposition of assets not
primarily intellectual property), or (iii) Stock of Restricted Subsidiaries of Borrower that are
Material Subsidiaries) not otherwise permitted pursuant to clauses (a) through (l) above so long as
(A) no Default or Event of Default has occurred and is continuing or would result therefrom; (B)
the applicable Loan Party (or the Restricted Subsidiary, as the case may be) receives consideration
at the time of the sale or other disposition at least equal to the Fair Market Value (measured as
of the date of the definitive agreement with respect to such sale or other disposition) of the
assets sold or disposed of; (C) such transaction is not prohibited by the Senior Notes Indenture;
and (D) at least 75% of the consideration received in the sale or other disposition by such Loan
Party or such Restricted Subsidiary is in the form of cash or Cash Equivalents. For purposes of
this provision, each of the following will be deemed to be cash: (1) any liabilities of Borrower or
any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their
terms subordinated to the Obligations) that are assumed by the transferee of any such assets; (2)
any securities, notes or other obligations received by Borrower or any such Restricted Subsidiary
from such transferee that are converted by Borrower or such Restricted Subsidiary into Cash
Equivalents within 180 days after the consummation of such sale or other disposition, to the extent
of the Cash Equivalents received in that conversion; and (3) any Designated Noncash Consideration
received by Borrower or any Restricted Subsidiary in such sale or other disposition having a Fair
Market Value, taken together with all other Designated Noncash Consideration received pursuant to
this clause (3) that is at the time outstanding, not to exceed $25,000,000 at the time of receipt
of such Designated Noncash Consideration, with the Fair Market Value of each item of Designated
Noncash Consideration being measured at the time received without giving effect to subsequent
changes in value.

          “Permitted Indebtedness” means:

          (a) Indebtedness evidenced by the Agreement or the other Loan Documents, as well as
Indebtedness owed to Underlying Issuers with respect to Underlying Letters of Credit,

          (b) without duplication of the Indebtedness addressed in clauses (g) and (r) of this
definition of Permitted Indebtedness (and specifically excluding from inclusion pursuant to this
clause (b) Indebtedness referenced in Schedule 4.19 that is already subject to any
limitation or other condition pursuant to clause (g) or (r) of this definition of Permitted
Indebtedness), Indebtedness set forth on Schedule 4.19 and any Refinancing Indebtedness in
respect of such Indebtedness,

          (c) Purchase Money Indebtedness incurred after the Closing Date and mortgage financings in
respect of Real Property in an aggregate principal amount outstanding at any one time not in excess
of the greater of $25,000,000 and 2.5% of Total Assets, and any Refinancing Indebtedness in respect
of any such Indebtedness,

          (d) the incurrence of Acquisition Debt by Borrower or a Restricted Subsidiary in connection
with a Permitted Acquisition; provided that (i) such Acquisition Debt is not incurred in
connection with, or in contemplation of, such Permitted Acquisition, (ii) such Acquisition Debt is
permitted under the Senior Notes Indenture, and (iii) Acquisition Debt shall not exceed $10,000,000
for any single Permitted Acquisition and shall not be in excess of $30,000,000 at any one time
outstanding;

- 25 - 

 

          (e) the incurrence by Borrower or any of its Restricted Subsidiaries of Indebtedness under
Hedge Agreements that are incurred for the bona fide purpose of hedging the interest rate,
commodity, or foreign currency risks associated with Borrower’s and its Restricted Subsidiaries’
operations and not for speculative purposes,

          (f) Indebtedness incurred in respect of credit cards, credit card processing services, debit
cards, stored value cards, purchase cards (including so-called “procurement cards” or “P-cards”),
or Cash Management Services, in each case, incurred in the ordinary course of business,

          (g) the incurrence by Borrower and Guarantors of unsecured Indebtedness represented by the
Senior Notes and the related guarantees issued on the date of the Senior Notes Indenture in an
aggregate principal amount not to exceed $275,000,000 outstanding at any one time and any
Refinancing Indebtedness in respect of such Indebtedness,

          (h) the incurrence by Borrower or any of its Restricted Subsidiaries of intercompany
Indebtedness between or among Borrower and any of its Restricted Subsidiaries; provided
that: (i) if any Loan Party is the obligor on such Indebtedness and the payee is not a Loan Party,
such Indebtedness must be unsecured and expressly subordinated to the prior payment in full in cash
of all the Obligations; and (ii) (A) any subsequent issuance or transfer of Stock that results in
any such Indebtedness being held by a Person other than Borrower or a Restricted Subsidiary of
Borrower and (B) any sale or other transfer of any such Indebtedness to a Person that is not either
Borrower or a Restricted Subsidiary of Borrower, will be deemed, in each case, to constitute an
incurrence of such Indebtedness by Borrower or such Restricted Subsidiary, as the case may be, that
was not permitted by this clause (h);

          (i) the guarantee by Borrower or any Restricted Subsidiary of Indebtedness of Borrower or a
Restricted Subsidiary to the extent that the guaranteed Indebtedness was Permitted Indebtedness;
provided that if the Indebtedness being guaranteed is subordinated to or pari passu with
the Obligations, then the guarantee must be subordinated or pari passu, as applicable, to the same
extent as the Indebtedness being guaranteed;

          (j) the incurrence by Borrower or any of its Restricted Subsidiaries of Indebtedness in
respect of workers’ compensation claims, health, disability or other employee benefits or property,
casualty or liability insurance, self-insurance obligations, bankers’ acceptances, performance and
surety bonds and similar obligations in the ordinary course of business, including the supersedeas
bond in connection with the Dillard’s Judgment, together with all reimbursement obligations in
connection therewith;

          (k) the incurrence by Borrower or any of its Restricted Subsidiaries of Indebtedness arising
from the honoring by a bank or other financial institution of a check, draft or similar instrument
inadvertently drawn against insufficient funds, so long as such Indebtedness is covered or
extinguished within five Business Days;

          (l) the incurrence by Foreign Subsidiaries of Indebtedness in an aggregate principal amount at
any time outstanding pursuant to this clause (l), including all permitted Refinancing Indebtedness
incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred
pursuant to this clause (l), not to exceed $25,000,000 (or the equivalent thereof, measured at the
time of each incurrence, in the applicable foreign currency) and any Refinancing Indebtedness in
respect of such Indebtedness;

          (m) the incurrence of Indebtedness arising from agreements of Borrower or a Restricted
Subsidiary providing for indemnification, adjustment of purchase price or similar

- 26 - 

 

obligations, in each case incurred or assumed in connection with the acquisition or
disposition of any business, assets or Subsidiary permitted by the Agreement;

          (n) Indebtedness composing Permitted Investments;

          (o) the incurrence by Borrower or any of Restricted Subsidiaries of unsecured Indebtedness not
otherwise permitted in clauses (a) through (n) above in an aggregate principal amount (or accreted
value, as applicable) at any time outstanding, including all permitted Refinancing Indebtedness
incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred
pursuant to this clause (o), not to exceed (i) if the Resolution of the Dillard’s Litigation has
not occurred, $50,000,000, or (ii) if the Resolution of the Dillard’s Litigation has occurred
$100,000,000, and any Refinancing Indebtedness in respect of such Indebtedness; provided
that any Indebtedness incurred pursuant to this clause (o) is permitted to be incurred under the
Senior Notes Indenture;

          (p) the incurrence by Borrower or any of its Restricted Subsidiaries of secured Indebtedness
not otherwise permitted in clauses (a) through (o) above in an aggregate principal amount (or
accreted value, as applicable) at any time outstanding, including all permitted Refinancing
Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness
incurred pursuant to this clause (p), not to exceed $5,000,000 and any Refinancing Indebtedness in
respect of such Indebtedness; and

          (r) the Existing Letters of Credit and any Refinancing Indebtedness in respect of such
Indebtedness.

          For purposes of determining compliance with Section 6.1 of the Agreement, in the event
that an item of Indebtedness meets the criteria of more than one of the categories of Permitted
Indebtedness described in clauses (a) through (r) above, Borrower will be permitted to classify
such item of Indebtedness on the date of its incurrence, or later reclassify all or a portion of
such item of Indebtedness, in any manner that complies with Section 6.1 of the Agreement.
The accrual of interest or preferred stock dividends, the accretion or amortization of original
issue discount, the payment of interest on any Indebtedness in the form of additional Indebtedness
with the same terms, the reclassification of preferred stock as Indebtedness due to a change in
accounting principles and the payment of dividends on preferred stock or Prohibited Preferred Stock
in the form of additional shares of the same class of preferred stock or Prohibited Preferred Stock
will not be deemed to be an incurrence of Indebtedness or an issuance of preferred stock or
Prohibited Preferred Stock for purposes of Section 6.1 of the Agreement; provided,
in each such case, that the amount thereof is included in Fixed Charges of Borrower as accrued.
For purposes of determining compliance with any United States Dollar-denominated restriction on the
incurrence of Indebtedness, the United States Dollar-equivalent principal amount of Indebtedness
denominated in a foreign currency shall be utilized, calculated based on the relevant currency
exchange rate in effect on the date such Indebtedness was incurred. Notwithstanding any other
provision of this definition of “Permitted Indebtedness”, the maximum amount of Indebtedness that
Borrower or any Restricted Subsidiary may incur pursuant to this definition of “Permitted
Indebtedness” shall not be deemed to be exceeded solely as a result of fluctuations in exchange
rates or currency values.

          The amount of any Indebtedness outstanding as of any date will be:

          (1) the accreted value of the Indebtedness, in the case of any Indebtedness issued with
original issue discount;

          (2) the principal amount of the Indebtedness, in the case of any other Indebtedness; and

- 27 - 

 

          (3) in respect of Indebtedness of another Person secured by a Lien on the assets of the
specified Person, the lesser of:

	 	(A)	 	the Fair Market Value of such assets at the date of determination; and
	 
	 	(B)	 	the amount of the Indebtedness of the other Person.

          “Permitted Investments” means:

          (a) any Investment in Borrower or in a Restricted Subsidiary of Borrower;

          (b) any Investment in cash or Cash Equivalents;

          (c) any Investment made as a result of the receipt of non-cash consideration from a sale or
disposition that was made in compliance with Section 6.4 of the Agreement;

          (d) any Investment made solely in exchange for the issuance of Stock (other than Prohibited
Preferred Stock) of Borrower;

          (e) any Investments received in compromise or resolution of (i) obligations that were incurred
in the ordinary course of business of Borrower or any of its Restricted Subsidiaries, including
pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of
any trade creditor or customer, or (ii) litigation, arbitration or other disputes;

          (f) loans or advances to employees made in the ordinary course of business of Borrower or any
Restricted Subsidiary of Borrower in an aggregate principal amount not to exceed $5,000,000 at any
one time outstanding;

          (g) Investments resulting from entering into (i) Bank Product Agreements, or (ii) agreements
relative to Indebtedness that is permitted under clause (e) of the definition of Permitted
Indebtedness,

          (h) any guarantee of Indebtedness permitted to be incurred by Section 6.1 of the
Agreement other than a guarantee of Indebtedness of an Affiliate of Borrower that is not a
Restricted Subsidiary of Borrower;

          (i) Investments owned by any Loan Party or any of its Subsidiaries on the Closing Date and set
forth on Schedule P-1 and any Investment consisting of an amendment, restatement,
supplement, refunding, replacement, refinancing, extension, modification, renewal or exchange of
any such Investment; provided that the amount of any such Investment may be increased (i)
as required by the terms of such Investment as in existence on the Closing Date or (ii) as
otherwise permitted under the Agreement;

          (j) Permitted Acquisitions;

          (k) Investments acquired after the date of this Agreement as a result of the acquisition by
Borrower or any Restricted Subsidiary of Borrower of another Person, including by way of a merger,
amalgamation or consolidation with or into Borrower or any of its Restricted Subsidiaries in a
transaction that is not prohibited by Section 6.3 of the Agreement to the extent that such
Investments were not made in contemplation of such acquisition, merger, amalgamation or
consolidation and were in existence on the date of such acquisition, merger, amalgamation or
consolidation;

- 28 - 

 

          (l) other Investments in any Person having an aggregate Fair Market Value (measured on the
date each such Investment was made and without giving effect to subsequent changes in value), when
taken together with all other Investments made after the Closing Date pursuant to this clause (l)
that are at the time outstanding not to exceed the greater of $25,000,000 and 2.5% of Total Assets
(taking into account any return on such Investments by reducing the amount of such Investments
deemed outstanding hereunder);

          (m) Investments in Permitted Joint Ventures that are at the time outstanding not to exceed (i)
if the Resolution of the Dillard’s Litigation has not occurred, $10,000,000, and (ii) if the
Resolution of the Dillard’s Litigation has occurred, the greater of $25,000,000 and 2.5% of Total
Assets (taking into account any return on such Investments by reducing the amount of such
Investments deemed outstanding hereunder);

          (n) receivables owing to Borrower or any Restricted Subsidiary if created or acquired in the
ordinary course of business and payable or dischargeable in accordance with customary trade terms;
provided that such trade terms may include such concessionary trade terms as Borrower or
such Restricted Subsidiary deems reasonable under the circumstances;

          (o) Investments arising from the cashless exercise by employees of Borrower or any Restricted
Subsidiary of rights, options or warrants to purchase Stock of Borrower;

          (p) lease, utility and similar deposits made in the ordinary course of business; and

          (q) Investments representing amounts held for employees of Borrower or any Restricted
Subsidiary under deferred compensation plans in the ordinary course of business.

          “Permitted Joint Venture” means any entity characterized as a joint venture, however
structured, engaged in a Permitted Business in which Borrower or any Restricted Subsidiary has an
ownership interest; provided that such joint venture is not a Subsidiary of Borrower.

          “Permitted Liens” means

          (a) Liens granted to, or for the benefit of, Agent to secure the Obligations,

          (b) Liens in favor of Borrower or any Restricted Subsidiary;

          (c) Liens assumed by Borrower or its Restricted Subsidiaries in connection with a Permitted
Acquisition that secure Acquisition Debt permitted pursuant to clause (d) of the definition of
“Permitted Indebtedness”;

          (d) Liens to secure the performance of statutory or regulatory obligations, insurance, surety
or appeal bonds, workers compensation, unemployment insurance, social security or similar
obligations, performance bonds, deposits to secure the performance of tenders, bids, trade
contracts, government contracts, import duties, payment of rent, performance, letters of credit and
return-of-money bonds, leases or licenses or other obligations of a like nature incurred in the
ordinary course of business and not in connection with the borrowing of money, including the
supersedeas bond in connection with the Dillard’s Judgment, together with all reimbursement
obligations in connection therewith;

          (e) Liens set forth on Schedule P-2; provided, however, that to
qualify as a Permitted Lien, any such Lien described on Schedule P-2 shall only secure the
Indebtedness that it secures on the Closing Date and any Refinancing Indebtedness in respect
thereof;

- 29 - 

 

          (f) Liens for taxes, assessments or governmental charges or claims that are not yet
delinquent, that are not subject to penalties or interest for non-payment or that are being
contested in good faith by appropriate proceedings; provided that any reserve or other appropriate
provision as is required in conformity with GAAP has been made therefor;

          (g) Liens imposed by law, such as carriers’, warehousemen’s, landlord’s, mechanics’,
materialmen’s, repairmen’s, suppliers’ or similar Liens, in each case, incurred in the ordinary
course of business, not in connection with the borrowing of money, and which Liens either (i) are
for sums not yet delinquent, or (ii) are the subject of Permitted Protests;

          (h) minor deficiencies in title, survey exceptions, easements or reservations of, or rights of
others for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and
other similar purposes, or zoning or other restrictions as to the use of real property that were
not incurred in connection with Indebtedness and that (i) do not in the aggregate materially
adversely affect the value of said properties or (ii) do not materially impair their use in the
operation of Borrower and its Restricted Subsidiaries taken as a whole;

          (i) Liens that are replacements of Permitted Liens to the extent that the original
Indebtedness is the subject of permitted Refinancing Indebtedness and so long as the replacement
Liens only encumber those assets that secured the original Indebtedness;

          (j) Liens on the unearned portion of insurance premiums securing the financing of insurance
premiums to the extent the financing is permitted under the definition of “Permitted Indebtedness”;

          (k) the filing of Uniform Commercial Code financing statements as a precautionary measure in
connection with leases;

          (l) rights of setoff or bankers’ liens upon deposits of cash in favor of banks or other
depository institutions, solely to the extent incurred in connection with the maintenance of such
deposit accounts in the ordinary course of business;

          (m) judgment Liens arising solely as a result of the existence of judgments, orders, or
awards that do not constitute an Event of Default under Section 8.3 of the Agreement;
provided that in no event shall a judgment Lien arising as a result of any judgment entered
in the Dillard’s Litigation be a Permitted Lien;

          (n) Liens on cash or Cash Equivalents arising in connection with the defeasance, discharge or
redemption of Indebtedness;

          (o) Liens on specific items of inventory or other goods (and the proceeds thereof) of any
Person securing such Person’s obligations in respect of bankers’ acceptances issued or created in
the ordinary course of business;

          (p) non-exclusive licenses and sublicenses granted by Borrower or any of its Restricted
Subsidiaries of software or intellectual property in the ordinary course of business and exclusive
licenses and sublicenses granted by Borrower or any of its Restricted Subsidiaries of software or
intellectual property to customers for a limited duration and solely with respect to custom
modifications or new standard software not previously generally marketed by Borrower or any of its
Restricted Subsidiaries (and not for standard software applications previously generally marketed
by Borrower or any of its Restricted Subsidiaries) in the ordinary course of business;

- 30 - 

 

          (q) Liens arising out of conditional sale, title retention, consignment or similar
arrangements for the sale of goods entered into in the ordinary course of business;

          (r) other Liens which do not secure Indebtedness for borrowed money or letters of credit and
as to which the aggregate amount of the obligations secured thereby does not exceed $5,000,000;

          (s) Liens on cash or Cash Equivalents securing Indebtedness permitted pursuant to clause (e)
of the definition of Permitted Indebtedness to the extent that a Hedge Provider is no longer a
Lender; provided that the aggregate amount of all such Indebtedness secured thereby does
not exceed $5,000,000;

          (t) Liens on assets of Foreign Subsidiaries securing Indebtedness permitted pursuant to clause
(l) of the definition of “Permitted Indebtedness”;

          (u) purchase money Liens or the interests of lessors under Capital Leases to the extent that
such Liens or interests secure Purchase Money Indebtedness permitted pursuant to clause (c) of the
definition of “Permitted Indebtedness” and so long as (i) such Lien attaches only to the asset
purchased or acquired and the proceeds thereof, and (ii) such Lien only secures the Indebtedness
that was incurred to acquire the asset purchased or acquired or any Refinancing Indebtedness in
respect thereof,

          (v) Liens on Real Property securing mortgage financings;

          (w) Liens in favor of customs and revenue authorities to secure payment of customs duties in
connection with the importation of goods in the ordinary course of business and other similar Liens
arising in the ordinary course of business;

          (x) leases or subleases granted in the ordinary course to third Persons not materially
interfering with the business of Borrower and its Restricted Subsidiaries taken as a whole; and

          (y) Liens on cash or Cash Equivalents securing Indebtedness permitted pursuant to clause (r)
of the definition of “Permitted Indebtedness”.

          “Permitted Protest” means the right of Borrower or any of its Restricted Subsidiaries
to protest any Lien (other than any Lien that secures the Obligations), taxes (other than payroll
taxes or taxes that are the subject of a United States federal tax lien), or rental payment,
provided that (a) a reserve with respect to such obligation is established on Borrower’s or its
Restricted Subsidiaries’ books and records in such amount as is required under GAAP, (b) any such
protest is instituted promptly and prosecuted diligently by Borrower or its Restricted Subsidiary,
as applicable, in good faith, and (c) Agent is satisfied that, while any such protest is pending,
there will be no impairment of the enforceability, validity, or priority of any of Agent’s Liens.

          “Person” means natural persons, corporations, limited liability companies, limited
partnerships, general partnerships, limited liability partnerships, joint ventures, trusts, land
trusts, business trusts, or other organizations, irrespective of whether they are legal entities,
and governments and agencies and political subdivisions thereof.

          “Post-Increase Revolver Lenders” has the meaning specified therefor in Section
2.14(d) of the Agreement.

- 31 - 

 

          “Preferred Stock” means, as applied to the Stock of any Person, the Stock of any class
or classes (however designated) that is preferred with respect to the payment of dividends, or as
to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such
Person, over shares of Stock of any other class of such Person.

          “Pre-Increase Revolver Lenders” has the meaning specified therefor in Section
2.14(d) of the Agreement.

          “Pro Forma Cost Savings” means, with respect to any period, the reduction in net costs
and related adjustments that (a) were directly attributable to an acquisition that occurred during
the four quarter period or after the end of the four quarter period and on or prior to the
Calculation Date and calculated on a basis that is consistent with Regulation S-X under the
Securities Act as then in effect, (b) were actually implemented by the business that was the
subject of any such acquisition within six months after the date of the acquisition and prior to
the Calculation Date that are supportable and quantifiable by the underlying accounting records of
such business, or (c) relate to the business that is the subject of any such acquisition and that
Borrower reasonably determines are probable based upon specifically identifiable actions to be
taken within six months of the date of the acquisition and, in the case of each of (a), (b), and
(c), are described, as provided below in an Officers’ Certificate, as if all such reductions in
costs had been effected as of the beginning of such period. Pro Forma Cost Savings described above
shall be accompanied by a certificate delivered to Agent from Borrower’s chief financial officer
that outlines the specific actions taken or to be taken, the net cost savings achieved or to be
achieved from each such action and that, in the case of clause (c) above, such savings have been
determined to be probable.

          “Prohibited Preferred Stock” means any Preferred Stock that, by its terms (or by the
terms of any security into which it is convertible, or for which it is exchangeable, in each case,
at the option of the holder of the Preferred Stock), or upon the happening of any event, matures or
is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the
option of the holder of the Preferred Stock, in whole or in part, on or prior to the date that is
91 days after the Maturity Date. Notwithstanding the preceding sentence, any Preferred Stock that
would constitute Prohibited Preferred Stock solely because the holders of the Preferred Stock have
the right to require Borrower to repurchase such Preferred Stock upon the occurrence of a change of
control or an asset sale will not constitute Prohibited Preferred Stock if the terms of such
Preferred Stock provide that Borrower may not repurchase or redeem any such Preferred Stock
pursuant to such provisions unless such repurchase or redemption complies with the Agreement. The
amount of Prohibited Preferred Stock deemed to be outstanding at any time for purposes of the
Agreement will be the maximum amount that Borrower may become obligated to pay upon the maturity
of, or pursuant to any mandatory redemption provisions of, such Prohibited Preferred Stock,
exclusive of accrued dividends.

          “Projections” means Borrower’s forecasted (a) balance sheets, (b) profit and loss
statements, and (c) cash flow statements, all prepared on a basis consistent with Borrower’s
historical financial statements, together with appropriate supporting details and a statement of
underlying assumptions.

          “Pro Rata Share” means, as of any date of determination:

          (a) with respect to a Lender’s obligation to make Advances and right to receive payments of
principal, interest, fees, costs, and expenses with respect thereto, (i) prior to the Commitments
being terminated or reduced to zero, the percentage obtained by dividing (y) such Lender’s
Commitment, by (z) the aggregate Commitments of all Lenders, and (ii) from and after the time that
the Commitments have been terminated or reduced to zero, the percentage obtained by

- 32 - 

 

dividing (y) the outstanding principal amount of such Lender’s Advances by (z) the outstanding
principal amount of all Advances,

          (b) with respect to a Lender’s obligation to participate in Letters of Credit and
Reimbursement Undertakings, to reimburse the Issuing Lender, and right to receive payments of fees
with respect thereto, (i) prior to the Commitments being terminated or reduced to zero, the
percentage obtained by dividing (y) such Lender’s Commitment, by (z) the aggregate Commitments of
all Lenders, and (ii) from and after the time that the Commitments have been terminated or reduced
to zero, the percentage obtained by dividing (y) the outstanding principal amount of such Lender’s
Advances by (z) the outstanding principal amount of all Advances; provided,
however, that if all of the Advances have been repaid in full and Letters of Credit remain
outstanding, Pro Rata Share under this clause shall be determined based upon subclause (i) of this
clause as if the Commitments had not been terminated or reduced to zero and based upon the
Commitments as they existed immediately prior to their termination or reduction to zero, and

          (c) with respect to all other matters as to a particular Lender (including the indemnification
obligations arising under Section 15.7 of the Agreement), (i) prior to the Commitments
being terminated or reduced to zero, the percentage obtained by dividing (y) such Lender’s
Commitment, by (z) the aggregate amount of Commitments of all Lenders, and (ii) from and after the
time that the Commitments have been terminated or reduced to zero, the percentage obtained by
dividing (y) the outstanding principal amount of such Lender’s Advances, by (z) the outstanding
principal amount of all Advances; provided, however, that if all of the Advances
have been repaid in full and Letters of Credit remain outstanding, Pro Rata Share under this clause
shall be determined based upon subclause (i) of this clause as if the Commitments had not been
terminated or reduced to zero and based upon the Commitments as they existed immediately prior to
their termination or reduction to zero.

          “Protective Advances” has the meaning specified therefor in Section 2.3(d)(i)
of the Agreement.

          “Purchase Money Indebtedness” means Indebtedness (other than the Obligations, but
including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the
acquisition of any fixed assets for the purpose of financing all or any part of the acquisition
cost thereof.

          “Qualified Cash” means, as of any date of determination, the amount of unrestricted
cash and Cash Equivalents of any Loan Party that is in Deposit Accounts or in Securities Accounts,
or any combination thereof, and which such Deposit Account or Securities Account is the subject of
a Control Agreement and is maintained by a branch office of the bank or securities intermediary
located within the United States.

          “Qualifying Stock” means Stock of Borrower other than (a) Prohibited Preferred Stock
and (b) Stock sold in an offering prior to the third anniversary of the date of the Senior Notes
Indenture that are eligible to be used to support an optional redemption of the Senior Notes
pursuant to Section 3.07 of the Senior Notes Indenture.

          “RBS Hedge” means that certain ISDA Master Agreement dated as of December 3, 2010 by
and between Borrower and The Royal Bank of Scotland plc.

          “Real Property” means any estates or interests in real property now owned or hereafter
acquired by any Loan Party or any of its Restricted Subsidiaries and the improvements thereto.

- 33 - 

 

          “Real Property Collateral” means any fee interest in Real Property hereafter acquired
by any Loan Party with a Fair Market Value of $5,000,000 or more.

          “Record” means information that is inscribed on a tangible medium or that is stored in
an electronic or other medium and is retrievable in perceivable form.

          “Refinancing Indebtedness” means refinancings, renewals, extensions, refundings,
replacements, defeasances or discharges of Indebtedness so long as:

          (a) such refinancings, renewals, extensions, refundings, replacements defeasances or
discharges do not result in an increase in the principal amount (or accreted value, if applicable)
of the Indebtedness so refinanced, renewed, extended, refunded, replaced, defeased or discharged
other than by the amount of interest accrued, premiums paid thereon and the fees and expenses
incurred in connection therewith and by the amount of unfunded commitments with respect thereto,

          (b) such refinancings, renewals, extensions, refundings, replacements, defeasances or
discharges do not result in a shortening of the average weighted maturity (measured as of the
refinancing, renewal, or extension) of the Indebtedness so refinanced, renewed, or extended,

          (c) if the Indebtedness that is refinanced, renewed, extended, refunded, replacements,
defeased or discharged was subordinated in right of payment to the Obligations, then the terms and
conditions of the refinancing, renewal, extension, refunding, replacement, defeasance or discharge
must include subordination terms and conditions that are at least as favorable to the Lender Group
as those that were applicable to the refinanced, renewed, extended, refunded, replacements,
defeased or discharged Indebtedness, and

          (d) the Indebtedness that is refinanced, renewed, extended, refunded, replaced, defeased or
discharged is not recourse to any Person that is liable on account of the Obligations other than
those Persons which were obligated with respect to the Indebtedness that was refinanced, renewed,
extended, refunded, replaced, defeased or discharged.

          “Reimbursement Undertaking” has the meaning specified therefor in Section
2.11(a) of the Agreement.

          “Related Fund” means, with respect to any Lender that is an investment fund, any other
investment fund that invests in commercial loans and that is managed or advised by the same
investment advisor as such Lender or by an Affiliate of such investment advisor.

          “Remedial Action” means all actions taken to (a) clean up, remove, remediate, contain,
treat, monitor, assess, evaluate, or in any way address Hazardous Materials in the indoor or
outdoor environment, (b) prevent or minimize a release or threatened release of Hazardous Materials
so they do not migrate or endanger or threaten to endanger public health or welfare or the indoor
or outdoor environment, (c) restore or reclaim natural resources or the environment, (d) perform
any pre-remedial studies, investigations, or post-remedial operation and maintenance activities, or
(e) conduct any other actions with respect to Hazardous Materials required by Environmental Laws.

          “Replacement Lender” has the meaning specified therefor in Section 2.13(b) of
the Agreement.

          “Report” has the meaning specified therefor in Section 15.16 of the Agreement.

          “Required Availability” means that the sum of (a) Excess Availability, plus (b)
Qualified Cash exceeds $25,000,000.

- 34 - 

 

          “Required Lenders” means, at any time, Lenders whose aggregate Pro Rata Shares
(calculated under clause (c) of the definition of Pro Rata Shares) exceed 50%; provided,
however, that at any time there are 2 or more Lenders, “Required Lenders” must include at
least 2 Lenders.

          “Required Library” has the meaning specified therefor in the Security Agreement.

          “Resolution of the Dillard’s Litigation” means the first to occur of (a), (b), (c), or
(d): (a) the Dillard’s Judgment is satisfied in full and released, (b) the Dillard’s Judgment is
vacated by a court of competent jurisdiction and the Dillard’s Litigation is dismissed with
prejudice and no further appeals are possible, (c) the Dillard’s Judgment is reversed by a court of
competent jurisdiction and a take-nothing judgment is rendered by a court of competent jurisdiction
in favor of i2 and no further appeals are possible, or (d) the Dillard’s Judgment is reduced or
modified in whole by a court of competent jurisdiction to an award of less than $25,000,000 in the
aggregate in damages against i2 and such judgment has been satisfied in full and released.

          “Restricted Investment” means an Investment other than a Permitted Investment.

          “Restricted Payment” has the meaning specified therefor in Section 6.9(e) of
the Agreement.

          “Restricted Subsidiary” means any Subsidiary of Borrower that is not an Unrestricted
Subsidiary.

          “Revolver Usage” means, as of any date of determination, the sum of (a) the amount of
outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

          “Sanctioned Entity” means (a) a country or a government of a country, (b) an agency of
the government of a country, (c) an organization directly or indirectly controlled by a country or
its government, (d) a Person resident in or determined to be resident in a country, in each case,
that is subject to a country sanctions program administered and enforced by OFAC.

          “Sanctioned Person” means a person named on the list of Specially Designated Nationals
maintained by OFAC.

          “S&P” has the meaning specified therefor in the definition of Cash Equivalents.

          “SEC” means the United States Securities and Exchange Commission and any successor
thereto.

          “Securities Account” means a securities account (as that term is defined in the Code).

          “Securities Act” means the Securities Act of 1933, as amended from time to time, and
any successor statute.

          “Security Agreement” means a security agreement, dated as of even date with the
Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by
Borrower and Guarantors to Agent.

          “Senior Notes” means the 8.00% Senior Notes due December 10, 2014 issued pursuant to
the Senior Notes Indenture.

          “Senior Notes Closing Date” means December 10, 2009.

- 35 - 

 

          “Senior Notes Indenture” means the Indenture dated as of December 10, 2009 by and
among Borrower, as Issuer, the Subsidiaries of Borrower that are Guarantors party thereto, and U.S.
Bank National Association, as Trustee.

          “Senior Notes Documents” means the Senior Notes Indenture, the Senior Notes, and the
agreements, documents and instruments executed in connection therewith.

          “Settlement” has the meaning specified therefor in Section 2.3(e)(i) of the
Agreement.

          “Settlement Date” has the meaning specified therefor in Section 2.3(e)(i) of
the Agreement.

          “Solvent” means, with respect to any Person on a particular date, that, at fair
valuations, the sum of such Person’s assets is greater than all of such Person’s debts.

          “Stock” means all shares, options, warrants, interests, participations, or other
equivalents (regardless of how designated) of or in a Person, whether voting or nonvoting,
including common stock, preferred stock, or any other “equity security” (as such term is defined in
Rule 3a11-1 of the General Rules and Regulations promulgated by the SEC under the Exchange Act).

          “Subsidiary” of a Person means a corporation, partnership, limited liability company,
or other entity in which that Person directly or indirectly owns or controls the shares of Stock
having ordinary voting power to elect a majority of the board of directors (or appoint other
comparable managers) of such corporation, partnership, limited liability company, or other entity.

          “Swing Lender” means WFCF or any other Lender that, at the request of Borrower and
with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender
under Section 2.3(b) of the Agreement.

          “Swing Loan” has the meaning specified therefor in Section 2.3(b) of the
Agreement.

          “Taxes” means any taxes, levies, imposts, duties, fees, assessments or other charges
of whatever nature now or hereafter imposed by any jurisdiction or by any political subdivision or
taxing authority thereof or therein with respect to such payments and all interest, penalties or
similar liabilities with respect thereto; provided, however, that Taxes shall
exclude (i) any tax imposed on the net income or net profits of any Lender or any Participant
(including any branch profits taxes), in each case imposed by the jurisdiction (or by any political
subdivision or taxing authority thereof) in which such Lender or such Participant is organized or
the jurisdiction (or by any political subdivision or taxing authority thereof) in which such
Lender’s or such Participant’s principal office is located in each case as a result of a present or
former connection between such Lender or such Participant and the jurisdiction or taxing authority
imposing the tax (other than any such connection arising solely from such Lender or such
Participant having executed, delivered or performed its obligations or received payment under, or
enforced its rights or remedies under the Agreement or any other Loan Document); (ii) taxes
resulting from a Lender’s or a Participant’s failure to comply with the requirements of Section
16(c) or (d) of the Agreement, and (iii) any United States federal withholding taxes
that would be imposed on amounts payable to a Foreign Lender based upon the applicable withholding
rate in effect at the time such Foreign Lender becomes a party to the Agreement (or designates a
new lending office), except that Taxes shall include (A) any amount that such Foreign
Lender (or its assignor, if any) was previously entitled to receive pursuant to Section
16(a) of the Agreement, if any, with respect to such withholding tax at the time such Foreign
Lender becomes a party to the Agreement (or designates a new lending office), and (B) additional
United States federal withholding taxes that may be imposed after the time such Foreign Lender
becomes a party to the

- 36 - 

 

Agreement (or designates a new lending office), as a result of a change in law, rule,
regulation, order or other decision with respect to any of the foregoing by any Governmental
Authority.

          “Tax Lender” has the meaning specified therefor in Section 14.2(a) of the
Agreement.

          “Total Assets” means the total assets of Borrower and its Subsidiaries on a
consolidated basis determined in accordance with GAAP, as shown on the most recently available
consolidated balance sheet of Borrower and its Subsidiaries.

          “Total Leverage Ratio” means, as of any date of determination the result of (a) the
amount of Borrower’s Funded Indebtedness as of such date, to (b) Borrower’s EBITDA for the 12 month
period ended as of such date.

          “Total Leverage Ratio Calculation” has the meaning specified therefor in the
definition of “Base Rate Margin”.

          “Trademark Security Agreement” has the meaning specified therefor in the Security
Agreement.

          “Transaction Costs” means costs and fees incurred by Borrower pursuant to (a) any
acquisition of (i) all or substantially all of the assets of a Person or line of business, division
or business unit within the Permitted Business, or (ii) any other Permitted Business assets, in
each case however consummated, if the acquisition does not violate Section 6.3 of the
Agreement, or (b) any sale or other disposition of assets if such sale or other disposition does
not violate Section 6.4 of the Agreement.

          “Underlying Issuer” means Wells Fargo or one of its Affiliates.

          “Underlying Letter of Credit” means a Letter of Credit that has been issued by an
Underlying Issuer.

          “United States” means the United States of America.

          “Unrestricted Subsidiary” means any Subsidiary of Borrower that is designated by the
Board of Directors of Borrower as an Unrestricted Subsidiary pursuant to a resolution of the Board
of Directors in compliance with Section 3.7 of the Agreement, but only to the extent that
such Subsidiary:

          (a) has no Indebtedness other than Non-Recourse Debt;

          (b) except as permitted by Section 6.12 of the Agreement, is not party to any
agreement, contract, arrangement or understanding with Borrower or any Restricted Subsidiary of
Borrower unless the terms of any such agreement, contract, arrangement or understanding are no less
favorable to Borrower or such Restricted Subsidiary than those that might be obtained at the time
from Persons who are not Affiliates of Borrower;

          (c) is a Person with respect to which neither Borrower nor any of its Restricted Subsidiaries
has any direct or indirect obligation (i) to subscribe for additional Stock or (ii) to maintain or
preserve such Person’s financial condition or to cause such Person to achieve any specified levels
of operating results;

- 37 - 

 

          (d) has not guaranteed or otherwise directly or indirectly provided credit support for any
Indebtedness of Borrower or any of its Restricted Subsidiaries; provided that Borrower and
its Restricted Subsidiaries may guarantee the performance of Unrestricted Subsidiaries in the
ordinary course of business except for guarantees of Indebtedness; and

          (e) does not own any intellectual property that is material to the business of Borrower or any
of its Restricted Subsidiaries or Borrower and its Restricted Subsidiaries taken as a whole or that
is part of the Required Library.

          “Unused Line Fee Percentage” means, as of any date of determination, the applicable
percentage set forth in the following table that corresponds to the most recent Total Leverage
Ratio Calculation; provided, however, that for the period from the Closing Date
through the date Agent receives the Total Leverage Ratio Calculation in respect of the testing
period ending June 30, 2011, the LIBOR Rate Margin shall be at the margin in the row styled “Level
II”:

	 	 	 	 	 	 	 	 	 
	Level	 	Total Leverage Ratio Calculation	 	Unused Line Fee Percentage	 	 
	I

	 	If the Total Leverage Ratio is less
than 1.50:1.00
	 	 	0.35	%	 	 
	 
	 	 	 	 	 	 	 	 
	II

	 	If the Total Leverage Ratio is
greater than or equal to 1.50:1.00
and less than 2.50:1.00
	 	 	0.45	%	 	 
	 
	 	 	 	 	 	 	 	 
	III

	 	If the Total Leverage Ratio is
greater than or equal to 2.50:1.00
	 	 	0.50	%	 	 

          Except as set forth in the foregoing proviso, the Unused Line Fee Percentage shall be based
upon the most recent Total Leverage Ratio Calculation, which will be calculated as of the end of
each fiscal quarter. Except as set forth in the foregoing proviso, the Unused Line Fee Percentage
shall be re-determined quarterly on the first day of the month following the date of delivery to
Agent of the certified calculation of the Total Leverage Ratio pursuant to Section 5.1 of
the Agreement; provided, however, that if Borrower fails to provide such
certification when such certification is due, the Unused Line Fee Percentage shall be set at the
margin in the row styled “Level III” as of the first day of the month following the date on which
the certification was required to be delivered until the date on which such certification is
delivered (on which date (but not retroactively), without constituting a waiver of any Default or
Event of Default occasioned by the failure to timely deliver such certification, the Unused Line
Fee Percentage shall be set at the margin based upon the calculations disclosed by such
certification. In the event that the information regarding the Total Leverage Ratio contained in
any certificate delivered pursuant to Section 5.1 of the Agreement is shown to be
inaccurate, and such inaccuracy, if corrected, would have led to the application of a higher Unused
Line Fee Percentage for any period (a “Unused Line Fee Period”) than the Unused Line Fee
Percentage actually applied for such Unused Line Fee Period, then (i) Borrower shall immediately
deliver to Agent a correct certificate for such Unused Line Fee Period, (ii) the Unused Line Fee
Percentage shall be determined as if the correct Unused Line Fee Percentage (as set forth in the
table above) were applicable for such Unused Line Fee Period, and (iii) Borrower shall immediately
deliver to Agent full payment in respect of the accrued additional fees as a result of such
increased Unused Line Fee Percentage for such Unused Line Fee Period.

          “Voidable Transfer” has the meaning specified therefor in Section 17.8 of the
Agreement.

- 38 - 

 

          “Voting Stock” of any specified Person as of any date means the Stock of such Person
that is at the time entitled to vote in the election of the Board of Directors of such Person.

          “Wells Fargo” means Wells Fargo Bank, National Association, a national banking
association.

          “WFCF” means Wells Fargo Capital Finance, LLC, a Delaware limited liability company.

- 39 -

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