Document:

Exhibit 10

Exhibit 10.1

	RiT TECHNOLOGIES LTD.

	CONSOLIDATED BALANCE SHEET (U.S GAAP)

	(U.S dollars in thousands)

	 	 	 	 
	 	 	 	 
	 	September 30, 2003

	 	December 31, 2002

	 
	 	(Unaudited)

	 	(Audited)

	Assets

	 	 	 
	Current Assets

	 	 	 
	Cash and cash equivalents

	4,140

	 	6,163

	Marketable securities

	570

	 	570

	Accounts receivable:

	 	 	 
	  Trade, net 

	2,446

	 	3,632

	  Other 

	897

	 	  684

	Inventories 

	4,989

	 	6,920

	Total current assets

	13,042

	 	17,969

	 	 	 	 
	Property and Equipment

	 	 	 
	Cost

	3,222

	 	3,181

	Less - accumulated depreciation

	2,817

	 	2,610

	 	405

	 	571

	Long-term Investment

	1,389

	 	1,182

	Total assets

	14,836

	 	19,722

	 	 	 	 
	Liabilities and Shareholders' Equity

	 	 	 
	Current Liabilities

	 	 	 
	Accounts payable and accruals:

	 	 	 
	  Trade

	2,593

	 	2,143

	  Other 

	2,346

	 	2,445

	Total current liabilities

	4,939

	 	4,588

	 	 	 	 
	Long-term Liabilities

	 	 	 
	Liability for severance pay

	1,933

	 	1,700

	Total long-term liabilities

	1,933

	 	1,700

	Total liabilities

	6,872

	 	6,288

	 	 	 	 
	Shareholders' Equity 

	 	 	 
	Share capital 

	260

	 	260

	Additional paid-in capital

	23,698

	 	23,698

	Capital reserves

	230

	 	230

	Accumulated other comprehensive income

	24

	 	24

	Notes receivable from employees

	(27)

	 	(27)

	Accumulated deficit

	(16,221)

	 	(10,751)

	Total shareholders' equity

	7,964

	 	13,434

	Total liabilities and shareholders' equity

	14,836

	 	19,722QuickLinks
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Exhibit 4.5  

 
 

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED
  REVOLVING TERM CREDIT AGREEMENT    
    

MADE
as of October 31, 2003 

BETWEEN:

CELESTICA INC., a corporation incorporated under the laws of the Province of Ontario, and SUBSIDIARIES OF
CELESTICA INC. SPECIFIED AS DESIGNATED SUBSIDIARIES IN ACCORDANCE WITH THE CREDIT AGREEMENT, as Borrowers, 

— and — 

THE FINANCIAL INSTITUTIONS FROM TIME TO TIME PARTY TO THE CREDIT AGREEMENT, as Lenders, 

— and — 

THE BANK OF NOVA SCOTIA, as Administrative Agent. 

RECITALS:  

        A.    Celestica Inc. ("Celestica"), the Subsidiaries of Celestica specified therein as Designated Subsidiaries, CIBC
World Markets, as Joint Lead Arranger and Syndication Agent, RBC Capital Markets, as Joint Lead Arranger and Co-Documentation Agent, Bank of America Securities LLC, as Joint Lead
Arranger and Co-Documentation Agent, The Bank of Nova Scotia, as Administrative Agent, and the financial institutions named therein as Lenders are parties to the Second Amended and
Restated Revolving Term Credit Agreement dated as of December 17, 2002 (together with all schedules attached thereto, the "Credit Agreement"); 

        B.    Congress Financial Corporation (Canada), KeyBank National Association and Lehman Commercial Paper Inc. have agreed
to become Lenders, and Bank of Montreal and Key Corporate Capital, Inc. will no longer be Lenders; and 

        C.    The parties to the Credit Agreement wish to amend the Credit Agreement on the terms and conditions set forth herein. 

        THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the premises, the covenants herein contained and other good and valuable
consideration, the parties hereto agree as follows: 

ARTICLE 1

INTERPRETATION  

1.1   Definitions  

        Capitalized terms used in this Agreement and not otherwise defined shall have the respective meanings attributed to them in the Credit Agreement, and: 

        "Agreement" means this agreement, as the same may be amended, restated, replaced or superseded from time to time; 

        "Closing" means the time at which the terms of this Agreement shall become effective, including, without limitation, the satisfaction of
the conditions precedent set out in Section 3.1; and 

        "Credit Agreement" has the meaning specified in the first recital hereof. 

 

1.2   Headings  

        The division of this Agreement into Articles and Sections and the insertion of headings is for convenience of reference only and shall not affect the construction
or interpretation hereof. The terms "this Agreement", "hereof",  "hereunder" and similar expressions refer to
this Agreement and not to any particular Article, Section, paragraph or other portion hereof and include
any agreement supplemental hereto. 

1.3   Extended Meanings  

        Words importing the singular number only shall include the plural and vice versa, and words importing any gender
shall include all genders. 

1.4   Cross References  

        Unless otherwise specified, references in this Agreement to any Article or Section are references to such Article or Section of this Agreement, and unless
otherwise specified, references in the Article, Section or definition to any Clause are references to such Clause of such Article, Section or definition. 

1.5   Reference to Administrative Agent or Lenders  

        Any reference in this Agreement to the Administrative Agent or a Lender shall be construed so as to include its permitted successors, transferees or assigns under
the Credit Agreement in accordance with their respective interests. 

1.6   Severability  

        In the event that one or more of the provisions contained in this Agreement shall be invalid, illegal or unenforceable in any respect under any Applicable Law,
the validity, legality or enforceability of the remaining provisions hereof shall not be affected or impaired thereby. 

1.7   Currency  

        All monetary amounts in this Agreement refer to United States Dollars unless otherwise specified. 

1.8   References to Agreements  

        Except as otherwise provided herein, any reference herein to this Agreement, the Credit Agreement and any other Loan Document or any other agreement or document
shall be construed to be a reference to this Agreement, the Credit Agreement or such Loan Document or such other agreement or document, as the case may be, as the same may have been, or may from time
to time be, amended, restated, extended, supplemented or replaced. 

1.9   Effect on the Credit Agreement  

        On and after the date of this Agreement, each reference in the Credit Agreement to "this Agreement" and each reference to the Credit Agreement in the Loan
Documents and any and all other agreements, documents and instruments delivered by any of the Lenders, the Administrative Agent, the Borrowers, the Guarantors or any other Person shall mean and be a
reference to the Credit Agreement as amended by this Agreement. Except as specifically amended by this amending agreement, the Credit Agreement shall remain in full force and effect and is hereby
ratified and confirmed. 

2

 

ARTICLE 2

AMENDMENTS  

2.1   Aggregate Principal Amount of the Facility  

	(a)
	The
definition of "Facility" in Section 1.1 of the Credit Agreement is hereby deleted and replaced with the following: 

""Facility" means the revolving term credit facility in an aggregate principal amount of U.S.$ 200,000,000 to be made available to the Borrowers
as set out in Article 2 as same may be increased and/or extended subject to the terms set out herein;"; 

	(b)
	The
body and title of Section 2.23 of the Credit Agreement are hereby amended so that each occurrence of "U.S.$ 500,000,000" is deleted and replaced with
"U.S.$ 250,000,000";

	(c)
	Schedule A
to the Credit Agreement is hereby deleted and replaced with Exhibit 1 to this Agreement; and

	(d)
	Schedule B
to the Credit Agreement is hereby deleted and replaced with Exhibit 2 to this Agreement. 

2.2   Term  

	(a)
	The
definition of "Final Maturity Date" in Section 1.1 of the Credit Agreement is hereby deleted.

	(b)
	The
following definition of "Maturity Date" is hereby inserted in Section 1.1 of the Credit Agreement, immediately following the
definition of "Material Restricted Subsidiary": 

""Maturity Date" means October 31, 2003 or such later date to which the Maturity Date has been extended pursuant to Section 2.8;"; 

	(c)
	The
definition of "Conversion Date" in Section 1.1 of the Credit Agreement is hereby deleted;

	(d)
	Each
occurrence of the term Conversion Date in the Credit Agreement is hereby deleted and replaced with the term Maturity Date;

	(e)
	Each
occurrence of the term Final Maturity Date in the Credit Agreement is hereby deleted and replaced with the term Maturity Date;

	(f)
	In
the first paragraph of Section 2.7 of the Credit Agreement, the phrase "including, without limitation, during the period between the Conversion Date and the Final Maturity
Date," is hereby deleted;

	(g)
	Section 2.8(b)(v)
of the Credit Agreement is hereby deleted and replaced with the following: 

"(v) If
Lenders having Commitments of less than 662/3% of the Commitments under the Facility approve the requested extension, the Maturity Date shall not be extended."; 

	(h)
	The
last paragraph of Section 2.8 of the Credit Agreement is hereby deleted and replaced with the following: 

"A
Dissenting Lender shall remain committed to make Advances under the Facility until the earlier of the date on which the Obligations owing to it are assigned or repaid as aforesaid and the Maturity
Date."; and 

	(i)
	The
second sentence of Section 9.3(c) is hereby deleted. 

3

 

2.3   Financial Covenants  

	(a)
	Section 9.3(a)
of the Credit Agreement is hereby deleted and replaced with the following: 

"(a)
Minimum Tangible Net Worth. Celestica shall maintain, at all times, a minimum Tangible Net Worth in an amount that shall not be less than an amount
equal to the sum of U.S.$ 1,600,000,000, plus 50% of cumulative annual positive Net Income commencing with the fiscal year ending December 31, 2003 and in each subsequent fiscal year,
subject to the following sentence. The minimum Tangible Net Worth that must be maintained by Celestica shall be reduced by an amount equal to the aggregate purchase price paid for subordinate voting
shares in the capital of Celestica purchased at Arm's Length by Celestica commencing October 1, 2003, subject to an aggregate limit on such amount deducted on account of such share purchases
since October 1, 2003 of U.S.$ 250,000,000. For clarity, the foregoing limit of U.S.$ 250,000,000 shall not in any way be interpreted as limiting or restricting Celestica's
ability to spend more than U.S.$ 250,000,000 to purchase subordinate voting shares in the capital of Celestica at Arm's Length."; and 

	(b)
	Exhibit 1
to Schedule D to the Credit Agreement is hereby deleted and replaced with Exhibit 3 to this Agreement. 

ARTICLE 3

CONDITIONS PRECEDENT  

3.1   Conditions for Closing  

        The following conditions shall be satisfied by the Borrowers contemporaneously with their execution and delivery of this Agreement: 

	(a)
	each
Borrower shall have duly authorized, executed and delivered to the Administrative Agent each of the Loan Documents to which it is a party and which is required to be delivered
pursuant to this Agreement, and each such Loan Document shall constitute a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms;

	(b)
	each
Borrower shall have delivered to the Administrative Agent:

	(i)
	a
certified copy of its Organic Documents;

	(ii)
	a
certified copy of the resolutions authorizing it to enter into, execute and deliver the Loan Documents to which it is a party and to perform its obligations
thereunder;

	(iii)
	a
certificate as to the incumbency of its officers signing the Loan Documents to which it is a party; and

	(iv)
	a
certificate of status, good standing or like certificate with respect to such Borrower issued by the appropriate government officials of the jurisdiction of its
incorporation;

	(c)
	there
shall have been no Material Adverse Change since September 30, 2003;

	(d)
	no
Default or Event of Default shall have occurred and be continuing;

	(e)
	each
Borrower shall have executed and delivered to the Administrative Agent a confirmation of its Guarantee;

	(f)
	opinions
of Borrowers' Counsel in form and substance satisfactory to the Lenders' Counsel and the Administrative Agent, acting reasonably, shall have been delivered to the
Administrative Agent; 

4

 

	(g)
	the
Borrowers shall have paid all fees and expenses that are due to the Administrative Agent or the Lenders and related to the Facility and this Agreement; and

	(h)
	Celestica,
on behalf of itself and the other Borrowers, shall pay to the Administrative Agent for the account of the Lenders who have consented to this Agreement an amendment fee of
25 basis points on the aggregate Commitments after giving effect to the amendments contemplated hereby. 

3.2   Conditions for Material Restricted Subsidiaries  

        The following conditions shall be satisfied by the Material Restricted Subsidiaries within forty-five (45) days of the date of this Agreement,
or such later date as Celestica and the Administrative Agent, for and on behalf of the Lenders, may agree: 

	(a)
	each
Material Restricted Subsidiary shall have executed and delivered to the Administrative Agent (i) a confirmation of its Guarantee if previously provided in connection with
the Credit Agreement, or (ii) a Guarantee;

	(b)
	opinions
of local counsel to each Material Restricted Subsidiary, in form and substance satisfactory to the Lenders' Counsel and the Administrative Agent, acting reasonably, shall
have been delivered to the Administrative Agent; and

	(c)
	each
Material Restricted Subsidiary shall have delivered to the Administrative Agent all documents, agreements, instruments and certificates requested by the Administrative Agent or
the Lenders' Counsel, acting reasonably. 

        The
conditions set forth in this Article 3 are inserted for the sole benefit of the Lenders and may be waived by the Administrative Agent on behalf of the Lenders in whole or in
part, with or without terms or conditions. 

ARTICLE 4

EXTENSION OF MATURITY DATE  

4.1   Extension of Maturity Date  

	(a)
	Celestica
hereby represents and warrants that it has delivered an Extension Request to the Administrative Agent in accordance with Section 2.8(b) of the Credit Agreement and
the Administrative Agent acknowledges receipt of the Extension Request.

	(b)
	The
parties hereto agree that the Maturity Date, as amended by Section 2.2(b) of this Agreement and extended as requested by Celestica, is October 28, 2004. 

ARTICLE 5

GENERAL  

5.1   Survival  

        All covenants, agreements, representations and warranties made herein or in the Credit Agreement or in certificates delivered in connection with the Credit
Agreement by or on behalf of the Borrowers and each Guarantor shall survive the execution and delivery of this Agreement and shall continue in full force and effect so long as there is any obligation
of the Borrowers and each Guarantor to the Agents and the Lenders under the Credit Agreement. 

5

 

5.2   Benefit of the Agreement  

        This Agreement shall enure to the benefit of and be binding upon the successors and permitted assigns of the Borrowers and the successors and permitted assigns of
the Administrative Agent and the Lenders. 

5.3   Governing Law  

        This Agreement shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein. The
Administrative Agent, Lenders and Borrowers agree that any legal suit, action or proceeding arising out of this Agreement, the Credit Agreement or any Loan Document may be instituted in the courts of
the Province of Ontario, and the Administrative Agent, Lenders and Borrowers hereby accept and irrevocably submit to the nonexclusive jurisdiction of said courts and acknowledge their competence and
agree to be bound by any judgment thereof. 

5.4   Further Assurances  

        Each Obligor shall promptly cure any default in its execution and delivery of this Agreement or in any of the other instruments referred to or contemplated herein
to which it is a party. Each Obligor, at its expense, will promptly execute and deliver, or cause to be executed and delivered, to the Administrative Agent, upon request, all such other and further
documents, agreements, certificates and instruments in compliance with, or accomplishment of the covenants and agreements of such Obligor hereunder or more fully to state the obligations of such
Obligor as set out herein or to make any recording, file any notice or obtain any consents, all as may be necessary or appropriate in connection therewith. 

5.5   No Waiver, etc.  

        The execution, delivery and effectiveness of this Agreement shall not, except as expressly provided, operate as a waiver of any right, power or remedy of the
Administrative Agent or any of the Lenders under any of the Loan Documents nor constitute a waiver of any provision of any of the Loan Documents. 

5.6   Execution in Counterparts  

        This Agreement may be executed in counterparts, each of which shall be considered an original and all of which taken together shall constitute a single agreement. 

6

 

        IN WITNESS WHEREOF the Borrowers, the Lenders and the Administrative Agent have executed this Agreement. 

	 	 	CELESTICA INC.
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  GRAHAM THOURET      
 Name: Graham Thouret

Title: Vice President — Finance
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  PAUL NICOLETTI      
 Name: Paul Nicoletti

Title: Vice President and Corporate Treasurer
	

 	
 	
CELESTICA INTERNATIONAL INC.
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  GRAHAM THOURET      
 Name: Graham Thouret

Title: Vice President — Finance
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  PAUL NICOLETTI      
 Name: Paul Nicoletti

Title: Vice President and Corporate Treasurer
	

 	
 	
THE BANK OF NOVA SCOTIA,

as Administrative Agent
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  ANUJ DHAWAN      
 Name: Anuj Dhawan

Title: Associate Director
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  ALASTAIR BORTHWICK      
 Name: Alastair Borthwick

Title: Director

7

 

	 	 	CANADIAN IMPERIAL BANK OF COMMERCE
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  STEVE NISHIMURA      
 Name: Steve Nishimura

Title: Executive Director
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  DAVID J. COHEN      
 Name: David J. Cohen

Title: Director

	

 	
 	
BANK OF AMERICA, NATIONAL ASSOCIATION, CANADA BRANCH
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  NELSON LAM      
 Name: Nelson Lam

Title: Vice President

	

 	
 	
ROYAL BANK OF CANADA
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  STEPHANIE BABICH-ALLEGRA      
 Name: Stephanie Babich-Allegra

Title: Authorized Signatory

	

 	
 	
EXPORT DEVELOPMENT CANADA
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  KEVIN SKILLITER      
 Name: Kevin Skilliter

Title: Loan Asset Manager
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  LYNDA BERNST      
 Name: Lynda Bernst

Title: IT — Portfolio Manager

8

 

	

 	
 	
THE BANK OF NOVA SCOTIA
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  STEVE TORRENS      
 Name: Steve Torrens

Title: Managing Director, Corporate Banking — Communications & Technology
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  DEREK ORANGE      
 Name: Derek Orange

Title: Associate Director, Corporate Banking — Communications & Technology

	

 	
 	
BANK OF TOKYO-MITSUBISHI (CANADA)
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  T. HAMAMURA      
 Name: T. Hamamura

Title: Executive Vice President
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  T. VANDERLAAN      
 Name: T. Vanderlaan

Title: Vice President

	

 	
 	
DEUTSCHE BANK AG, CANADA BRANCH
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  ROBERT A. JOHNSTON      
 Name: Robert A. Johnston

Title: Vice President
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  MARIA GOZEN      
 Name: Maria Gozen

Title: Vice President

	

 	
 	
KEYBANK NATIONAL ASSOCIATION
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  VIJAYA KULKARNI      
 Name: Vijaya Kulkarni

Title: Assistant Vice President

9

 

	

 	
 	
NATIONAL BANK OF CANADA
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  ED SUSTAR      
 Name: Ed Sustar

Title: Vice President
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  IAN GILLESPIE      
 Name: Ian Gillespie

Title: Vice President

	

 	
 	
CITIBANK N.A., CANADA BRANCH
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  DALJEET LAMBA      
 Name: Daljeet Lamba

Title: Authorized Signatory

	

 	
 	
CONGRESS FINANCIAL CORPORATION (CANADA)
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  H. ROSENFELD      
 Name: H. Rosenfeld

Title: Senior Vice President

	

 	
 	
LEHMAN COMMERCIAL PAPER INC.
	 	 	 	 	 
	

 	
 	

By:	
 	

/s/  FRANCIS CHANG      
 Name: Francis Chang

Title: Vice President

10

 
 

EXHIBIT 1 TO FIRST AMENDMENT TO SECOND AMENDED AND
  RESTATED REVOLVING TERM CREDIT AGREEMENT
  
    SCHEDULE A
  
    LENDERS    
    

Canadian Imperial Bank of Commerce  

161
Bay Street

8th Floor

Toronto, ON M5J 2S8 

Attn.:
Steve Nishimura

Tel: (416) 956-3837

Fax: (416) 956-3816 

Attn.:
David Cohen

Tel: (416) 594-8246

Fax: (416) 956-3816 

Bank of America National Association, Canada Branch  

200
Front Street West

Suite 2700

Toronto, ON M5V 3L2 

Attn.:
Medina Sales de Andrade, Assistant Vice President

Tel: (416) 349-5433

Fax: (416) 349-4283 

backup
for Medina Sales de Andrade: 

Attn.:
Nelson Lam, Vice President,

Tel: (416) 349-5496

Fax: (416) 349-4283 

with
a copy to: 

Bank
of America

12 Floor, 555 California St.

San Francisco CA 94 

Attn:
James P. Johnson, Managing Director

Tel: (415) 622-6177

Fax: (415) 622-4057 

Royal Bank of Canada  

Royal
Bank of Canada

One Liberty Plaza

165 Broadway

New York, NY 10006-1404 

Attn.:
Stephanie Babich-Allegra

Tel: (212) 428-6319

Fax: (212) 428-6460 

With
a copy to: 

Royal
Bank of Canada

One Liberty Plaza

165 Broadway

New York, NY 10006-1404 

 

Attn:
Suzanne Kaicher

Tel: (212) 428-6324

Fax: (212) 428-2319 

Export Development Canada  

151
O'Connor

Ottawa, ON, K1A 1K3

Attn.:
Loans Services

Tel: (613) 598-3017

Fax: (613) 598-2514 

Attn.:
Carl Burlock, Senior Financial Services Manager

Tel: (613) 598-3087

Fax: (613) 598-6858 

The Bank of Nova Scotia  

40
King Street West

62nd Floor

Toronto, ON M5W 2X6 

Attn.:
Steven J. Torrens, Managing Director

Tel: (416) 866-5362

Fax: (416) 866-2010 

Attn.:
Robert M. Miret, Managing Director

Tel: (416) 866-4945

Fax: (416) 866-2010 

Bank of Tokyo-Mitsubishi (Canada)  

Royal
Bank Plaza — South Tower

Suite 2100

Toronto, ON M5J 2J1 

Attn.:
Ted Vanderlaan, Vice President

Tel: (416) 865-8954

Fax: (416) 865-9511 

Deutsche Bank AG, Canada Branch  

222
Bay Street

Suite 1100, P.O. Box 64

Toronto, ON M5K 1E7 

Attn.:
Robert A. Johnston, Vice President

Tel: (416) 682-8151

Fax: (416) 682-8444 

Attn.:
Maria Gorzen, Vice President

Tel: (416) 682-8448

Fax: (416) 682-8444 

2

 

KeyBank National Association  

127
Public Square

4th Floor

Cleveland, OH 44114-1306 

Attn.:
Vijaya N. Kulkarni, Assistant Vice President

Tel: (216) 689-0238

Fax: (216) 689-8329 

National Bank of Canada  

The
Exchange Tower — 130 King Street West

Suite 3200

Toronto, ON M5X 1J9 

Attn.:
Ed Sustar, Vice President

Tel: (416) 869-6426

Fax: (416) 869-6545 

Attn.:
Brian Smith, Managing Director

Tel: (416) 869-7486

Fax: (416) 869-6545 

Citibank N.A., Canadian Branch  

Citibank
Place — 123 Front Street West

Toronto, ON M5J 2M3 

Attn.:
John Hastings, Managing Director

Tel: (416) 947-2947

Fax: (416) 947-5802 

Attn.:
Daljeet Lamba, Vice President

Tel: (416) 947-2937

Fax: (416) 947-5802 

Congress Financial Corporation (Canada)  

141
Adelaide Street East

Suite 1500

Toronto, ON M5H 3L9 

Attn.:
Michael R. Kenney, First Vice President

Tel: (416) 364-6080

Fax: (416) 

Lehman Commercial Paper Inc.  

745
7th Avenue

New York, NY 10019 

Attn.:
Robert G. Berzins, Managing Director

Tel: (212) 526-3712

Fax: (646) 758-1906 

3

 
 
 

EXHIBIT 2 TO FIRST AMENDMENT TO SECOND AMENDED AND
  RESTATED REVOLVING TERM CREDIT AGREEMENT
  
    SCHEDULE B
  
    LENDERS' COMMITMENTS    
    

	1.	 	Canadian Imperial Bank of Commerce	 	U.S.$	27,000,000
	2.	 	Bank of America National Association, Canada Branch	 	U.S.$	27,000,000
	3.	 	Royal Bank of Canada	 	U.S.$	27,000,000
	4.	 	Export Development Canada	 	U.S.$	25,000,000
	5.	 	The Bank of Nova Scotia	 	U.S.$	10,000,000
	6.	 	Bank of Tokyo-Mitsubishi (Canada)	 	U.S.$	25,000,000
	7.	 	Deutsche Bank AG, Canada Branch	 	U.S.$	10,000,000
	8.	 	KeyBank National Association	 	U.S.$	25,000,000
	9.	 	National Bank of Canada	 	U.S.$	10,000,000
	10.	 	Citibank N.A., Canadian Branch	 	U.S.$	14,000,000
	11.	 	Congress Financial Corporation (Canada)	 	U.S.$	25,000,000
	12.	 	Lehman Commercial Paper Inc.	 	U.S.$	25,000,000
	 	 	 	 	

	 	 	Total:	 	U.S.$	250,000,000
	 	 	 	 	

4

 
 
 

EXHIBIT 3 TO FIRST AMENDMENT TO SECOND AMENDED AND
  RESTATED REVOLVING TERM CREDIT AGREEMENT
  
    EXHIBIT 1
  
    Calculation of Tangible Net Worth  
    

	1.	 	Capital stock	 	$	 	 
	2.	 	Preferred stock	 	$	 	 
	3.	 	Paid-in capital	 	$	 	 
	4.	 	Retained earnings	 	$	 	 
	5.	 	Cumulative translation adjustment (positive or negative)	 	$	 	 
	6.	 	Patents, patent applications, trade-marks, service marks, industrial designs, copyright and trade-marks	 	($	 	)
	7.	 	Goodwill and other intangibles	 	($	 	)
	8.	 	Any equity in, loan to or other investment or interest in an Unrestricted Subsidiary whatsoever	 	($	 	)
	 	 	 	 	
	 
	 	 	Tangible Net Worth	 	$	 	 
	
Calculation of Covenant Level	
 
	

9.	
 	

Opening Tangible Net Worth as set out in Section 9.3(a)	
 	
$	

 	
 
	10.	 	Plus 50% of cumulative annual consolidated positive Net Income, commencing with the fiscal year ending December 31, 2003	 	$	 	 
	11.	 	Less aggregate purchase price paid for subordinate voting shares in the capital of Celestica purchased at Arm's Length by Celestica, commencing October 1, 2003 (subject to an aggregate deduction limit of
U.S. $250,000,000), as set out in Annex A	 	($	 	)
	 	 	 	 	
	 
	 	 	Total	 	$	 	 

5

 
 

ANNEX A
  TO EXHIBIT 1    
    

 
 

Aggregate Purchase Price for Subordinate Voting Shares in the Capital of Celestica
  Purchased at Arm's Length by Celestica    
    

	During all fiscal quarters commencing October 1, 2003, to and including the fiscal quarter commencing:

        •    (1)	 	$	    •    
	Plus fiscal quarter commencing:

        •    (2)	 	$	    •    
	Total:	 	$	    •    

	(1)
	All
previous fiscal quarters, commencing on October 1, 2003, up to and including the fiscal quarter immediately prior to the most recently completed fiscal quarter. 
	(2)
	The
most recently completed fiscal quarter, which is the subject of the Quarterly Certificate on Covenants to which this Exhibit and Annex are attached. 

QuickLinks

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING TERM CREDIT AGREEMENT

EXHIBIT 1 TO FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING TERM CREDIT AGREEMENT SCHEDULE A LENDERS

EXHIBIT 2 TO FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING TERM CREDIT AGREEMENT SCHEDULE B LENDERS' COMMITMENTS

EXHIBIT 3 TO FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING TERM CREDIT AGREEMENT EXHIBIT 1 Calculation of Tangible Net Worth

ANNEX A TO EXHIBIT 1

Aggregate Purchase Price for Subordinate Voting Shares in the Capital of Celestica Purchased at Arm's Length by Celestica

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]