Document:

EX-10.1

August 8, 2007

Mr. Hamish Sandu

c/o Ajilon Financial

10940 Wilshire Blvd. Suite 850

Los Angeles, CA 90024

Re: Employment Offer

Dear Hamish:

We are pleased to extend to you an offer for the position of Chief Financial Officer of Innovo
Group Inc. (the “Company”). Your direct report will be the President and Chief Executive Officer
of the Company. We look forward to having you utilize your knowledge, skills and experience to
improve not only the financial reporting and accounting functions of the Company, but also to
contribute to the Company’s overall growth and continuing success.

You will be eligible to receive the following in connection with the commencement of your
employment, which we expect to be August 27, 2007:

	•	 	Salary: This position is an exempt position and your annual gross base salary will be
$205,000 paid in biweekly installments by your choice of check or direct deposit.

	•	 	Stock Compensation: We will agree to offer you an option to purchase up to 100,000 shares
of the Company’s common stock. This option will vest in equal monthly installments over a 24
month period and will be subject to the commencement of your employment. The option exercise
price will be equal to the closing price of our common stock on your first day of employment,
August 27, 2007.

1

Mr. Hamish Sandhu

Page 2

August 8, 2007

	•	 	Benefits: Standard benefits for salaried-exempt employees, including the following:

	 	•	 	Participation in the Company’s 401(K) retirement account

	 	•	 	The Company will pay during your term of employment the premium in full for your
health, dental, life and disability insurance and will reimburse you for your cost of
COBRA from your prior employer during the 90 day ineligibility period.

	 	•	 	2 weeks paid vacation, 5 sick days and 2 personal days per calendar year.

	•	 	Change in Control Provision: If a Change in Control (as hereinafter defined) occurs during
the four years following the commencement date of your employment and your employment is
subsequently terminated, then you shall be entitled to a severance payment equal to six (6)
months of your annual base salary then in effect at the time of termination. For purposes of
this section, a “Change in Control” shall be deemed to have occurred upon the closing of a
transaction which: (i) the Company sells or otherwise disposes of all or substantially all of
its assets; or (ii) there is a merger or consolidation of Company with any other corporation
or corporations, provided that the shareholders of Company, as a group, do not hold,
immediately after such event, at least fifty percent (50%) of the voting power of the
surviving or successor corporation.

Furthermore, because this position will be a “Named Executive Officer” of the Company, this
job offer is subject to the satisfactory completion of a background check by the Company and review
of a completed Director and Officer Questionnaire. To accept this job offer, please sign and date
where indicated below.

I look forward to having you join the Innovo Group team.

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK. SIGNATURE PAGE FOLLOWS.]

2

Mr. Hamish Sandhu

Page 3

August 8, 2007

Sincerely,

/s/ Marc Crossman

Marc Crossman

President & CEO

By signing and dating this letter below, I, Hamish Sandhu, accept the job offer of Chief

Financial Officer of Innovo Group Inc. and consent to a background check by the Company.

Signature: /s/ Hamish Sandhu

3br-creditagmt.htm

  
    
      
        
          	 	 	 	
                   Exhibit
                    10.1

                
	
                   

                	 	 	
                   Execution
                    Version

                
	 	 	 	 
	 	 	 	
                   Published
                    CUSIP Number: 09251QAC3

                
	 	 	 	
                   Revolving
                    Credit CUSIP Number:
                    09251QAD1

                

        

      

       

      
        	 
	 

      

       

      $2,500,000,000

       

      FIVE-YEAR
        REVOLVING CREDIT AGREEMENT

       

      dated
        as of August 22, 2007,

       

      by
        and among

       

      BLACKROCK,
        INC.,

       

      as
        Borrower,

       

      the
        Lenders referred to herein,

       

      WACHOVIA
        BANK, NATIONAL ASSOCIATION,

       

      as
        Administrative Agent,

       

      Swingline
        Lender and Issuing Lender,

       

      and

       

      SUMITOMO
        MITSUI BANKING CORPORATION,

      as
        Japanese Yen Lender

       

      WACHOVIA
        CAPITAL MARKETS, LLC

       

      and

       

      CITIGROUP
        GLOBAL MARKETS INC.,

       

      as
        Joint Lead Arrangers and Joint Book Managers,

       

      CITIBANK,
        N.A.,

       

      as
        Syndication Agent,

       

      and

       

      HSBC
        BANK USA, N.A., JPMORGAN CHASE BANK, N.A., and MORGAN STANLEY
        BANK,

      as
        Documentation Agents

       

      
        

      

      
        	 

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Table
        of Contents

      
        	 	
                Page 

              
	
                ARTICLE
                  I  DEFINITIONS

              	
                1

              
	 	 	 
	 	
                SECTION
                  1.1

              	
                Definitions

              	
                1

              
	 	
                SECTION
                  1.2

              	
                Other
                  Definitions and Provisions

              	
                22

              
	 	
                SECTION
                  1.3

              	
                Accounting
                  Terms

              	
                22

              
	 	
                SECTION
                  1.4

              	
                Rounding

              	
                23

              
	 	
                SECTION
                  1.5

              	
                References
                  to Agreement and Laws

              	
                23

              
	 	
                SECTION
                  1.6

              	
                Times
                  of Day

              	
                23

              
	 	
                SECTION
                  1.7

              	
                Letter
                  of Credit Amounts

              	
                23

              
	 	
                SECTION
                  1.8

              	
                Effectiveness
                  of Euro Provisions

              	
                23

              
	 	
                SECTION
                  1.9

              	
                Amount
                  of Obligations.

              	
                23

              
	 	 
	
                ARTICLE
                  II  REVOLVING CREDIT FACILITY

              	
                23

              
	 	 	 	 
	 	
                SECTION
                  2.1

              	
                Revolving
                  Credit Loans

              	
                23

              
	 	
                SECTION
                  2.2

              	
                Japanese
                  Yen Loans.

              	
                24

              
	 	
                SECTION
                  2.3

              	
                Swingline
                  Loans

              	
                25

              
	 	
                SECTION
                  2.4

              	
                Procedure
                  for Advances of Revolving Credit Loans, Japanese Yen Loans and
                  Swingline
                  Loans

              	
                27

              
	 	
                SECTION
                  2.5

              	
                Repayment
                  and Prepayment of Revolving Credit, Japanese Yen and Swingline
                  Loans

              	
                28

              
	 	
                SECTION
                  2.6

              	
                Permanent
                  Reduction of the Commitment

              	
                31

              
	 	
                SECTION
                  2.7

              	
                Optional
                  Increase of the Aggregate Commitment

              	
                31

              
	 	
                SECTION
                  2.8

              	
                Termination
                  of Credit Facility

              	
                33

              
	 	 	 
	
                ARTICLE
                  III  LETTER OF CREDIT FACILITY

              	
                33

              
	 	 	 
	 	
                SECTION
                  3.1

              	
                L/C
                  Commitment

              	
                33

              
	 	
                SECTION
                  3.2

              	
                Procedure
                  for Issuance of Letters of Credit

              	
                33

              
	 	
                SECTION
                  3.3

              	
                Commissions
                  and Other Charges

              	
                34

              
	 	
                SECTION
                  3.4

              	
                L/C
                  Participations

              	
                35

              
	 	
                SECTION
                  3.5

              	
                Reimbursement
                  Obligation of the Borrower

              	
                35

              
	 	
                SECTION
                  3.6

              	
                Exchange
                  Indemnification and Increased Costs

              	
                36

              
	 	
                SECTION
                  3.7

              	
                Obligations
                  Absolute

              	
                36

              
	 	
                SECTION
                  3.8

              	
                Effect
                  of Letter of Credit Application

              	
                37

              
	 	 	 
	
                ARTICLE
                  IV  GENERAL LOAN PROVISIONS

              	
                37

              
	 	 	 
	 	
                SECTION
                  4.1

              	
                Interest

              	
                37

              
	 	
                SECTION
                  4.2

              	
                Notice
                  and Manner of Conversion or Continuation of Revolving Credit
                  Loans

              	
                39

              
	 	
                SECTION
                  4.3

              	
                Fees

              	
                40

              
	 	
                SECTION
                  4.4

              	
                Manner
                  of Payment

              	
                40

              
	 	
                SECTION
                  4.5

              	
                Evidence
                  of Indebtedness

              	
                42

              
	 	
                SECTION
                  4.6

              	
                Adjustments

              	
                42

              

      

       

       

      
        
          
          

        

        
          i

          
            

          

        

        
          
          

        

      

      
 

      
        	 	
                SECTION
                  4.7

              	
                Nature
                  of Obligations of Lenders Regarding Extensions of Credit; Assumption
                  by
                  the Administrative Agent

              	
                43

              
	 	
                SECTION
                  4.8

              	
                Redenomination
                  of Alternative Currency Loans

              	
                44

              
	 	
                SECTION
                  4.9

              	
                Regulatory
                  Limitation

              	
                45

              
	 	
                SECTION
                  4.10

              	
                Changed
                  Circumstances

              	
                45

              
	 	
                SECTION
                  4.11

              	
                Indemnity

              	
                46

              
	 	
                SECTION
                  4.12

              	
                Increased
                  Costs

              	
                46

              
	 	
                SECTION
                  4.13

              	
                Taxes

              	
                48

              
	 	
                SECTION
                  4.14

              	
                Mitigation
                  Obligations; Replacement of Lenders

              	
                51

              
	 	
                SECTION
                  4.15

              	
                Rounding
                  and Other Consequential Changes

              	
                51

              
	 	 	 
	
                ARTICLE
                  V  CLOSING; CONDITIONS OF CLOSING AND BORROWING

              	
                52

              
	 	 	 
	 	
                SECTION
                  5.1

              	
                Closing

              	
                52

              
	 	
                SECTION
                  5.2

              	
                Conditions
                  to Closing and Initial Extensions of Credit

              	
                52

              
	 	
                SECTION
                  5.3

              	
                Conditions
                  to All Extensions of Credit

              	
                54

              
	 	 	 
	
                ARTICLE
                  VI  REPRESENTATIONS AND WARRANTIES OF THE
                  BORROWER

              	
                55

              
	 	 	 
	 	
                SECTION
                  6.1

              	
                Representations
                  and Warranties

              	
                55

              
	 	
                SECTION
                  6.2

              	
                Survival
                  of Representations and Warranties, Etc

              	
                58

              
	 	 	 
	
                ARTICLE
                  VII  FINANCIAL INFORMATION AND NOTICES

              	
                58

              
	 	 	 
	 	
                SECTION
                  7.1

              	
                Financial
                  Statements

              	
                58

              
	 	
                SECTION
                  7.2

              	
                Officer’s
                  Compliance Certificate

              	
                59

              
	 	
                SECTION
                  7.3

              	
                Other
                  Reports

              	
                59

              
	 	
                SECTION
                  7.4

              	
                Notice
                  of Litigation and Other Matters

              	
                59

              
	 	
                SECTION
                  7.5

              	
                Accuracy
                  of Information

              	
                60

              
	 	 	 
	
                ARTICLE
                  VIII  AFFIRMATIVE COVENANTS

              	
                60

              
	 	 	 
	 	
                SECTION
                  8.1

              	
                Preservation
                  of Corporate Existence and Related Matters

              	
                60

              
	 	
                SECTION
                  8.2

              	
                Maintenance
                  of Property

              	
                60

              
	 	
                SECTION
                  8.3

              	
                Insurance

              	
                60

              
	 	
                SECTION
                  8.4

              	
                Accounting
                  Methods and Financial Records

              	
                61

              
	 	
                SECTION
                  8.5

              	
                Payment
                  of Taxes

              	
                61

              
	 	
                SECTION
                  8.6

              	
                Compliance
                  With Laws and Approvals

              	
                61

              
	 	
                SECTION
                  8.7

              	
                Visits
                  and Inspections

              	
                61

              
	 	
                SECTION
                  8.8

              	
                Use
                  of Proceeds

              	
                61

              
	 	 
	
                ARTICLE
                  IX FINANCIAL COVENANTS

              	
                61

              
	 	 	 
	 	
                SECTION
                  9.1

              	
                Leverage
                  Ratio

              	
                61

              
	 	 	 
	
                ARTICLE
                  X NEGATIVE COVENANTS

              	
                62

              
	 	 	 
	 	
                SECTION
                  10.1

              	
                Limitations
                  on Liens

              	
                62

              
	 	
                SECTION
                  10.2

              	
                Limitations
                  on Mergers and Liquidation

              	
                63

              
	 	
                SECTION
                  10.3

              	
                Sale
                  of All or Substantially All Assets

              	
                63

              
	 	
                SECTION
                  10.4

              	
                Nature
                  of Business

              	
                63

              

      

       

      
        
          
          

        

        
          ii

          
            

          

        

        
          
          

        

      

       

      
        	
                ARTICLE
                  XI DEFAULT AND REMEDIES

              	
                64

              
	 	 	 
	 	
                SECTION
                  11.1

              	
                Events
                  of Default

              	
                64

              
	 	
                SECTION
                  11.2

              	
                Remedies

              	
                66

              
	 	
                SECTION
                  11.3

              	
                Rights
                  and Remedies Cumulative; Non-Waiver; etc

              	
                66

              
	 	
                SECTION
                  11.4

              	
                Judgment
                  Currency

              	
                67

              
	 	
                SECTION
                  11.5

              	
                Crediting
                  of Payments and Proceeds

              	
                67

              
	 	
                SECTION
                  11.6

              	
                Administrative
                  Agent May File Proofs of Claim

              	
                68

              
	 	 	 
	
                ARTICLE
                  XII THE ADMINISTRATIVE AGENT

              	
                68

              
	 	 	 
	 	
                SECTION
                  12.1

              	
                Appointment
                  and Authority

              	
                68

              
	 	
                SECTION
                  12.2

              	
                Rights
                  as a Lender

              	
                69

              
	 	
                SECTION
                  12.3

              	
                Exculpatory
                  Provisions

              	
                69

              
	 	
                SECTION
                  12.4

              	
                Reliance
                  by the Administrative Agent

              	
                70

              
	 	
                SECTION
                  12.5

              	
                Delegation
                  of Duties

              	
                70

              
	 	
                SECTION
                  12.6

              	
                Resignation
                  of Administrative Agent

              	
                70

              
	 	
                SECTION
                  12.7

              	
                Non-Reliance
                  on Administrative Agent and Other Lenders

              	
                71

              
	 	
                SECTION
                  12.8

              	
                No
                  Other Duties, etc

              	
                72

              
	 	
                SECTION
                  12.9

              	
                Resignation
                  of Japanese Yen Lender

              	
                72

              
	 	 	 
	
                ARTICLE
                  XIII MISCELLANEOUS

              	
                72

              
	 	 	 
	 	
                SECTION
                  13.1

              	
                Notices

              	
                72

              
	 	
                SECTION
                  13.2

              	
                Amendments,
                  Waivers and Consents

              	
                74

              
	 	
                SECTION
                  13.3

              	
                Expenses;
                  Indemnity

              	
                75

              
	 	
                SECTION
                  13.4

              	
                Right
                  of Setoff

              	
                77

              
	 	
                SECTION
                  13.5

              	
                Governing
                  Law

              	
                78

              
	 	
                SECTION
                  13.6

              	
                Waiver
                  of Jury Trial

              	
                79

              
	 	
                SECTION
                  13.7

              	
                Reversal
                  of Payments

              	
                79

              
	 	
                SECTION
                  13.8

              	
                Injunctive
                  Relief; Punitive Damages

              	
                79

              
	 	
                SECTION
                  13.9

              	
                Accounting
                  Matters

              	
                79

              
	 	
                SECTION
                  13.10

              	
                Successors
                  and Assigns; Participations

              	
                80

              
	 	
                SECTION
                  13.11

              	
                Confidentiality

              	
                82

              
	 	
                SECTION
                  13.12

              	
                Performance
                  of Duties

              	
                83

              
	 	
                SECTION
                  13.13

              	
                All
                  Powers Coupled with Interest

              	
                83

              
	 	
                SECTION
                  13.14

              	
                Survival
                  of Indemnities

              	
                83

              
	 	
                SECTION
                  13.15

              	
                Titles
                  and Captions

              	
                83

              
	 	
                SECTION
                  13.16

              	
                Severability
                  of Provisions

              	
                83

              
	 	
                SECTION
                  13.17

              	
                Counterparts

              	
                83

              
	 	
                SECTION
                  13.18

              	
                Integration

              	
                84

              
	 	
                SECTION
                  13.19

              	
                Term
                  of Agreement

              	
                84

              
	 	
                SECTION
                  13.20

              	
                Advice
                  of Counsel, No Strict Construction

              	
                84

              
	 	
                SECTION
                  13.21

              	
                USA
                  Patriot Act

              	
                84

              
	 	
                SECTION
                  13.22

              	
                Inconsistencies
                  with Other Documents; Independent Effect of Covenants

              	
                84

              

      

      
 

      
        
          
          

        

        
          iii

          
            

          

        

        
          
          

        

      

      

       

      EXHIBITS

       

      
        	
                Exhibit
                  A-1

              	
                -

              	
                Form
                  of Revolving Credit Note

              
	
                Exhibit
                  A-2

              	
                -

              	
                Form
                  of Japanese Yen Note

              
	
                Exhibit
                  A-3

              	
                -

              	
                Form
                  of Swingline Note

              
	
                Exhibit
                  B

              	
                -

              	
                Form
                  of Notice of Borrowing

              
	
                Exhibit
                  C

              	
                -

              	
                Form
                  of Notice of Account Designation

              
	
                Exhibit
                  D

              	
                -

              	
                Form
                  of Notice of Prepayment

              
	
                Exhibit
                  E

              	
                -

              	
                Form
                  of Notice of Conversion/Continuation

              
	
                Exhibit
                  F

              	
                -

              	
                Form
                  of Officer’s Compliance Certificate

              
	
                Exhibit
                  G

              	
                -

              	
                Form
                  of Assignment and Assumption

              

      

      

       

      SCHEDULES

       

      
        	
                Schedule
                  1.1

              	
                -

              	
                Mandatory
                  Cost Rate

              
	
                Schedule
                  6.1(f)

              	
                -

              	
                ERISA
                  Plans

              
	
                Schedule
                  6.1(k)

              	
                -

              	
                Litigation

              
	
                Schedule
                  10.1

              	
                -

              	
                Existing
                  Liens

              

      

      

      

      
        
          
          

        

        
          iv

          
            

          

        

        
          
          

        

      

       

      CREDIT
        AGREEMENT, dated as of August 22, 2007, by and among BlackRock, Inc., a Delaware
        corporation (the “Borrower”), the lenders who are or may become a party
        to this Agreement (collectively, the “Lenders”) and WACHOVIA BANK,
        NATIONAL ASSOCIATION, a national banking association, as Administrative Agent
        for the Lenders.

       

      STATEMENT
        OF PURPOSE

       

      The
        Borrower has requested, and the Lenders have agreed, to extend certain credit
        facilities to the Borrower on the terms and conditions of this
        Agreement.

       

      NOW,
        THEREFORE, for good and valuable consideration, the receipt and sufficiency
        of
        which are hereby acknowledged by the parties hereto, such parties hereby
        agree
        as follows:

       

      ARTICLE
        I

       

      DEFINITIONS

       

      SECTION
        1.1        Definitions.  The
        following terms when used in this Agreement shall have the meanings assigned
        to
        them below:

       

      “Act”
        has the meaning assigned thereto in Section 13.21.

       

      “Administrative
        Agent” means Wachovia, in its capacity as Administrative Agent hereunder,
        and any successor thereto appointed pursuant to Section
        12.6.

       

      “Administrative
        Agent’s
        Correspondent” means Wachovia Bank, National Association, London Branch, or
        any other financial institution designated by the Administrative Agent and
        reasonably satisfactory to the Borrower to act as its correspondent hereunder
        with respect to the distribution and payment of Alternative Currency
        Loans.

      

      “Administrative
        Agent’s Office” means the office of the Administrative Agent specified in or
        determined in accordance with the provisions of Section
        13.1(c).

       

      “Administrative
        Questionnaire” means an administrative questionnaire in a form supplied by
        the Administrative Agent.

       

      “Affiliate”
        means, with respect to any Person, any other Person (other than, with respect
        to
        the Borrower, a Subsidiary or Excluded Subsidiary of the Borrower) which
        directly or indirectly through one or more intermediaries, controls, or is
        controlled by, or is under common control with, such first Person or any
        of its
        Subsidiaries.  As used in this definition, the term “control”
means the possession, directly or indirectly, of the power to direct or
        cause the direction of the management and policies of a Person, whether through
        ownership of voting securities, by contract or otherwise.  For the
        avoidance of doubt neither of the Existing Shareholders shall be treated
        as an
        Affiliate of the Borrower on the basis of its beneficial ownership of Capital
        Stock of the Borrower so long as such Existing Shareholder is subject to
        a
        stockholders agreement with the Borrower on substantially the same terms
        as the
        stockholders agreement to which it is a party as of the date of this
        Agreement.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      “Agreement”
        means this Five-Year Revolving Credit Agreement, as amended, restated,
        supplemented or otherwise modified from time to time.

       

      “Aggregate
        Commitment” means the aggregate amount of the Lenders’ Commitments
        hereunder, as such amount may be increased, reduced or otherwise modified
        at any
        time pursuant to the terms hereof.  On the Closing Date, the Aggregate
        Commitment shall be Two Billion Five Hundred Million Dollars
        ($2,500,000,000.00).

       

      “Alternative
        Currency” means all
        Permitted Currencies other than the Dollar.

      

      “Alternative
        Currency Amount”
means with respect to each Revolving Credit Loan made or continued (or
        to be
        made or continued) in an Alternative Currency, the amount of such Alternative
        Currency which is equivalent to the principal amount in Dollars of such Loan
        at
        the most favorable spot exchange rate for the Borrower as determined by the
        Administrative Agent’s Correspondent to be available to it at approximately
        11:00 a.m. (time of the Administrative Agent’s Correspondent) two (2) Business
        Days before such Loan is made or continued (or to be made or
        continued).  When used with respect to any other sum expressed in
        Dollars, “Alternative Currency Amount” shall mean the amount of such Alternative
        Currency which is equivalent to the amount so expressed in Dollars at the
        most
        favorable spot exchange rate for the Borrower as determined by the
        Administrative Agent’s Correspondent to be available to it at the time of
        determination.

      

      “Alternative
        Currency Loan”
means any Revolving Credit Loan denominated in an Alternative Currency
        and
“Alternative Currency Loans” means all such Alternative Currency Loans
        collectively.

      

      “Alternative
        Ratings Source” means either Moody’s or a comparable rating agency in either
        case that publishes a rating of the Borrower’s counterparty risk or similar
        rating and which is mutually acceptable to the Borrower and the Administrative
        Agent.

       

      “Applicable
        Law” means all applicable provisions of constitutions, laws, statutes,
        ordinances, rules, treaties, regulations, permits, licenses, approvals,
        interpretations and orders of courts or Governmental Authorities and all
        orders
        and decrees of all courts and arbitrators.

       

      “Applicable
        Percentage” means, for purposes of calculating (a) the applicable percentage
        for each of the Base Rate, the Japanese Base Rate, the LIBOR Market Index
        Rate
        and the LIBOR Rate for purposes of Section 4.1(a) (provided, that
        with respect to each LIBOR Rate Loan denominated in an Alternative Currency,
        the
        Applicable Percentage shall include the Mandatory Cost Rate), (b) the commitment
        fee for purposes of Section 4.3(a) and (c) the utilization fee for
        purposes of Section 4.3(b), the corresponding rate set forth below for
        the applicable Debt Rating, as follows:

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      

       

      
        	 	
                Debt

              	
                Applicable
                  Percentage Per Annum

              
	
                Level

              	
                Rating

              	
                LIBOR
                  Rate/ LIBOR Market Index Rate

              	
                Base
                  Rate/ Japanese Base Rate

              	
                Commitment
                  Fee

              	
                Utilization
                  Fee

              
	
                I

              	
                >
                  AA-

              	
                0.150%

              	
                0.000%

              	
                0.040%

              	
                0.025%

              
	
                II

              	
                >
                  A+

              	
                0.175%

              	
                0.000%

              	
                0.040%

              	
                0.025%

              
	
                III

              	
                >
                  A

              	
                0.200%

              	
                0.000%

              	
                0.050%

              	
                0.050%

              
	
                IV

              	
                >
                  A-

              	
                0.250%

              	
                0.000%

              	
                0.060%

              	
                0.050%

              
	
                V

              	
                ≤
                  BBB+

              	
                0.300%

              	
                0.000%

              	
                0.080%

              	
                0.050%

              

      

      

      provided,
        that if S&P or any Alternative Ratings Source, as applicable, shall not have
        in effect a Debt Rating (other than by reason of the circumstances referred
        to
        in the last sentence of this definition), then such Debt Rating shall be
        deemed
        to be Level V.  In the event that the Debt Ratings publicly announced
        by S&P listed above and any corresponding Debt Rating of any Alternative
        Ratings Source previously agreed to by the Borrower and the Administrative
        Agent, if any, differ by (a) one Level, the Applicable Percentage shall be
        that
        Level which corresponds to the Debt Rating which is the higher of such announced
        Debt Ratings, and (b) two or more Levels, the Applicable Percentage shall
        be
        that Level which corresponds to the Debt Rating which is one rating immediately
        above the lowest of such announced Debt Ratings.  Any change in the
        Applicable Percentage shall be effective (a) as to any increase in the Debt
        Rating, as of the Business Day on which the increase in the applicable Debt
        Rating is announced or is made publicly available, and (b) as to any decrease
        in
        the applicable Debt Rating, as of the Business Day on which the decrease
        in the
        applicable Debt Rating is announced or is made publicly available.  If
        the rating systems of S&P or any other such Alternative Ratings Source shall
        change, or if all of such rating agencies shall cease to be in the business
        of
        rating corporate debt obligations, the Borrower and the Lenders shall negotiate
        in good faith to amend this definition to reflect such changed rating system
        or
        the unavailability of ratings from such rating agencies and, pending the
        effectiveness of any such amendment, the Applicable Percentage shall be
        determined by reference to the Debt Rating most recently in effect prior
        to such
        change or cessation.

      

       “Assignment
        and Assumption” means an assignment and assumption entered into by a Lender
        and an Eligible Assignee (with the consent of any party whose consent is
        required by Section 13.10), and accepted by the Administrative Agent, in
        substantially the form of Exhibit G or any other form
        approved by the Administrative Agent.

       

      “Attributable
        Indebtedness” means, on any date, (a) in respect of any Capital Lease of any
        Person, the capitalized amount thereof that would appear on a balance sheet
        of
        such Person prepared as of such date in accordance with GAAP, and (b) in
        respect
        of any Synthetic Lease, the capitalized amount or principal amount of the
        remaining lease payments under the relevant lease that would appear on a
        balance
        sheet of such Person prepared as of such date in accordance with GAAP if
        such
        lease were accounted for as a Capital Lease.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      “Base
        Rate” means, at any time, the higher of (a) the Prime Rate and (b) the
        Federal Funds Rate plus 1/2 of 1%; each change in the Base Rate shall
        take effect simultaneously with the corresponding change or changes in the
        Prime
        Rate or the Federal Funds Rate.

       

      “Base
        Rate Loan” means any Loan bearing interest at a rate based upon the Base
        Rate as provided in Section 4.1(a).

       

      “Borrower”
        has the meaning assigned thereto in the introductory paragraph
        hereto.

       

      “Business
        Day” means any day
        other than a Saturday, Sunday or legal holiday on which banks in Charlotte,
        North Carolina, and New York, New York, are open for the conduct of their
        commercial banking business and:

      

      (a)           if
        such day relates to any interest rate settings as to any LIBOR Rate Loan
        denominated in Dollars, any funding, disbursements, settlements and payments
        in
        Dollars in respect of any LIBOR Rate Loan, or any other dealings in Dollars
        to
        be carried out pursuant to this Agreement in respect of any such LIBOR Rate
        Loan, means any such day on which dealings in deposits in Dollars are conducted
        by and between banks in the London interbank eurodollar market;

      

      (b)           if
        such day relates to any interest rate settings as to any LIBOR Rate Loan
        denominated in euro, any fundings, disbursements, settlements and payments
        in
        euro in respect of any such LIBOR Rate Loan, or any other dealings in euro
        to be
        carried out pursuant to this Agreement in respect of any such LIBOR Rate
        Loan,
        means a TARGET Day;

      

      (c)           if
        such day relates to any interest rate settings as to any LIBOR Rate Loan
        denominated in a currency other than Dollars or euro, means any such day
        on
        which dealings in deposits in the relevant currency are conducted by and
        between
        banks in the London or other applicable offshore interbank market for such
        currency;

      

      (d)           if
        such day relates to any interest rate settings as to any Japanese Yen Loan,
        any
        fundings, disbursements, settlements and payments in Japanese Yen in respect
        of
        any such Japanese Yen Loan, or any other dealings in Japanese Yen to be carried
        out pursuant to this Agreement in respect of any such Japanese Yen Loan,
        means
        any day on which banks are open for business in Tokyo, Japan; and

      

      (e)           if
        such day relates to any fundings, disbursements, settlements and payments
        in a
        currency other than Dollars or euro in respect of a LIBOR Rate Loan, or any
        other dealings in any currency other than Dollars or euro to be carried out
        pursuant to this Agreement in respect of any such LIBOR Rate Loan (other
        than
        any interest rate settings), means any such day on which banks are open for
        foreign exchange business in the principal financial center of the country
        of
        such currency.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      

       

      “Capital
        Lease” means any lease of any property by the Borrower or any of its
        Subsidiaries, as lessee, that should, in accordance with GAAP, be classified
        and
        accounted for as a capital lease on a Consolidated balance sheet of the Borrower
        and its Subsidiaries.

       

      “Capital
        Stock” means (a) in the case of a corporation, capital stock, (b) in the
        case of an association or business entity, any and all shares, interests,
        participations, rights or other equivalents (however designated) of capital
        stock, (c) in the case of a partnership, partnership interests (whether general
        or limited), (d) in the case of a limited liability company, membership
        interests, (e) in the case of any other Person, any similar ownership interests
        and (f) with respect to the foregoing items (a) through (e), any and all
        warrants or options to purchase any of the foregoing.

       

      “Change
        in Control” means (a) an event or series of events by which (i) any Person
        or group of Persons (within the meaning of Section 13(d) of the Securities
        Exchange Act of 1934, as amended) other than the Existing Shareholders shall
        obtain ownership or control in one or more series of transactions involving
        the
        Capital Stock of the Borrower representing more than fifty percent (50%)
        of
        Capital Stock of the Borrower ordinarily entitled to vote in the election
        of
        members of the board of directors of the Borrower or (ii) there shall have
        occurred under any indenture or other instrument evidencing any Indebtedness
        in
        excess of $100,000,000 any “change in control” or a similar triggering event
        under a provision (as set forth in the indenture, agreement or other evidence
        of
        such Indebtedness) obligating the Borrower to repurchase, redeem or repay
        all or
        any part of the Indebtedness or Capital Stock provided for therein for cash
        or
        (b) during any period of 25 consecutive calendar months, commencing on the
        date
        of this Agreement, the ceasing of those individuals (the “Continuing Directors”)
        who (i) were directors of the Borrower on the first day of each such period
        or
        (ii) subsequently became directors of the Borrower and whose initial election
        or
        initial nomination for election subsequent to that date was approved by a
        majority of the Continuing Directors then on the board of directors of the
        Borrower, to constitute a majority of the board of Directors of the
        Borrower.

       

      “Change
        in Law” means the occurrence, after the date of this Agreement, of any of
        the following: (a) the adoption or taking effect of any law, rule, regulation
        or
        treaty, (b) any change in any law, rule, regulation or treaty or in the
        administration, interpretation or application thereof by any Governmental
        Authority or (c) the making or issuance of any request, guideline or directive
        (whether or not having the force of law) by any Governmental
        Authority.

       

      “Closing
        Date” means the date of this Agreement or such later Business Day upon which
        each condition described in Section 5.2 shall be satisfied or waived in
        all respects in a manner acceptable to each of the Lenders in their sole
        discretion.

       

      “Code”
        means the Internal Revenue Code of 1986, and the rules and regulations
        thereunder, each as amended or modified from time to time.

       

      “Commitment”
        means (a) as to any Lender, the obligation of such Lender to make Loans
        (including, without limitation, to participate in Japanese Yen Loans and
        Swingline Loans) and to issue or participate in Letters of Credit for the
        account of the Borrower hereunder in an aggregate principal amount at any
        time
        outstanding not to exceed the amount set forth opposite such Lender’s name on
        the Register, as such amount may be reduced, increased or otherwise modified
        at

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      any
        time
        or from time to time pursuant to the terms hereof and (b) as to all Lenders,
        the
        aggregate commitment of all Lenders to make Loans (including, without
        limitation, to participate in Japanese Yen Loans and Swingline Loans) and
        to
        issue or participate in Letters of Credit for the account of the Borrower
        hereunder, as such amount may be reduced, increased or otherwise modified
        at any
        time or from time to time pursuant to the terms hereof.

       

      “Commitment
        Percentage” means, as to any Lender at any time, the ratio of (a) the amount
        of the Commitment of such Lender to (b) the Aggregate Commitment.

       

      “Consolidated”
        means, when used with reference to financial statements or financial statement
        items of any Person, such statements or items on a consolidated basis in
        accordance with, except as otherwise set forth herein, applicable principles
        of
        consolidation under GAAP.

       

      “Consolidated
        EBITDA” means, for any period, the sum of the following determined on
        a Consolidated basis, without duplication, for the Borrower and its Subsidiaries
        (other than Excluded Subsidiaries) in accordance with GAAP:  (a)
        Consolidated Net Income for such period plus (b) the sum of the following
        to the extent deducted in determining Consolidated Net Income for such period:
        (i) income and franchise taxes, (ii) Consolidated Interest Expense, (iii)
        amortization, depreciation and other non-cash charges (except to the extent
        that
        such non-cash charges are reserved for cash charges to be taken in the future),
        (iv) extraordinary, unusual or otherwise non-recurring charges and losses
        (including from discontinued operations), (v) expenses under the Borrower’s and
        its Subsidiaries’ retention and incentive plans or otherwise that
        are  actually, directly or indirectly, funded by any of the Existing
        Shareholders, (vi) compensation and professional fees incurred in connection
        with the SSR Acquisition and (vii) professional fees incurred in such period
        relating to the Merrill Lynch Investment Managers Transactions, less (c)
        extraordinary, unusual or otherwise non-recurring gains (including from
        discontinued operations) ; provided, that Consolidated EBITDA
        attributable to the Merrill Lynch Investment Managers Transactions shall
        be
        deemed to be equal to $284,000,000 for the fiscal quarter ended September
        30,
        2006.  For purposes of this Agreement, Consolidated EBITDA shall be
        adjusted on a pro forma basis, in a manner reasonably acceptable to the Borrower
        and the Administrative Agent, to include, as of the first day of any applicable
        period, any acquisition closed during such period, including, without
        limitation, adjustments reflecting any non-recurring costs and any extraordinary
        expenses of any acquisition closed during such period calculated on a basis
        consistent with GAAP and Regulation S-X of the Securities Exchange Act of
        1934,
        as amended, or as approved by the Administrative Agent.

       

      “Consolidated
        Interest Expense” means, with respect to the Borrower and its
        Subsidiaries for any period, the gross interest expense (including, without
        limitation, interest expense attributable to Capital Leases and all net payment
        obligations pursuant to Interest Rate Contracts) of the Borrower and its
        Subsidiaries (other than Excluded Subsidiaries), all determined for such
        period
        on a Consolidated basis, without duplication, in accordance with
        GAAP.

       

      “Consolidated
        Net Income” means, with respect to the Borrower and its Subsidiaries, for
        any period of determination, the net income (or loss) of the Borrower and
        its
        Subsidiaries (other than Excluded Subsidiaries) for such period, including
        the
        net income (or loss) of any Person accrued prior to the date it becomes a
        Subsidiary of such Person or is merged into or consolidated with such Person
        or
        any of its Subsidiaries or that Person’s assets are acquired by such

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      Person
        or any of its Subsidiaries except to the extent included pursuant to clauses
        (a)
        and (b) below, determined on a Consolidated basis in accordance with GAAP;
        provided that there shall be excluded from Consolidated Net Income (a)
        the net income (or loss) of any Person (other than a Subsidiary which shall
        be
        subject to clause (b) below), in which the Borrower or any of its Subsidiaries
        has a joint interest with a third party, except to the extent such net income
        is
        actually paid in cash to the Borrower or any of its Subsidiaries by dividend
        or
        other distribution during such period and (b) the net income (if positive)
        of
        any Material Subsidiary that is a Domestic Subsidiary to the extent that
        the
        declaration or payment of dividends or similar distributions by such Subsidiary
        to the Borrower or any of its Subsidiaries of such net income is not during
        the
        entirety of any such period of determination permitted by operation of the
        terms
        of its charter or any agreement, instrument, judgment, decree, order, statute
        rule or governmental regulation applicable to such Subsidiary.

       

      “Consolidated
        Leverage Ratio” means, as of any date of determination, the ratio of (a)
        Consolidated Total Funded Indebtedness on such date to (b) Consolidated
        EBITDA for the period of four (4) consecutive fiscal
        quarters ending on or immediately prior to such date.

       

      “Consolidated
        Total Funded Indebtedness” means, as of any date of determination
        with respect to the Borrower and its Subsidiaries (other than Excluded
        Subsidiaries) on a Consolidated basis without duplication, the sum of the
        following calculated, and only to the extent set forth on their consolidated
        balance sheet as a liability, in accordance with GAAP:

       

      (a)           all
        indebtedness for borrowed money including, but not limited to, obligations
        evidenced by bonds, debentures, notes or other similar instruments of any
        such
        Person;

       

      (b)           all
        obligations to pay the deferred purchase price of property or services of
        any
        such Person (including, without limitation, all obligations under
        non-competition, earn-out or similar agreements to the extent the foregoing
        are
        characterized as indebtedness in accordance with GAAP), except trade payables
        arising in the ordinary course of business;

       

      (c)           the
        Attributable Indebtedness of such Person with respect to such Person’s
        obligations in respect of Capital Leases and Synthetic Leases (regardless
        of
        whether accounted for as indebtedness under GAAP);

       

      (d)           all
        Consolidated Total Funded Indebtedness of any other Person secured by a Lien
        on
        any asset owned or being purchased by the Borrower or any of its Subsidiaries
        (including indebtedness arising under conditional sales or other title retention
        agreements), whether or not such indebtedness shall have been assumed by
        the
        Borrower or any of its Subsidiaries or is limited in recourse;

       

      (e)           all
        obligations of any such Person to redeem, repurchase, exchange or defease, with
        cash, any Capital Stock of such Person;

       

      (f)           all
        Guaranty Obligations of any such Person; and

       

      (g)           amounts
        advanced or otherwise paid (without duplication) to the Borrower or any of
        its
        Material Subsidiaries in connection with any Permitted
        Securitization;

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      less,
        the aggregate amount of “Consolidated Total Funded Indebtedness” described in
clauses (a) through (g) above of any Material Subsidiary that is a
        Domestic Subsidiary whose net income is excluded from the calculation of
        “Consolidated Net Income” of the Borrower and its Subsidiaries during any
        applicable period of determination pursuant to clause (b) of the
        definition of “Consolidated Net Income”;

       

      less
        the Unrestricted Cash as reflected on the Consolidated balance sheet of the
        Borrower (determined in accordance with GAAP) as of the last day of any
        applicable period of determination.

       

      For
        all purposes hereof, the Consolidated Total Funded Indebtedness of any Person
        shall include the Consolidated Total Funded Indebtedness of any partnership
        or
        joint venture (other than a joint venture that is itself a corporation or
        limited liability company) in which such Person is a general partner or a
        joint
        venturer, unless such Consolidated Total Funded Indebtedness is expressly
        made
        non-recourse to such Person or such Person’s sole material asset is its interest
        in such partnership or joint venture.  For the avoidance of doubt,
        Consolidated Total Funded Indebtedness shall not include any obligations
        or
        liabilities arising under or in connection with any annuities, insurance
        policies, insurance contracts or any other similar agreements.

       

      “Credit
        Facility” means, collectively, the Revolving Credit Facility, the Swingline
        Facility, the Japanese Yen Facility and the L/C Facility.

       

      “Debt
        Rating” means, as of any
        date of determination, either the Borrower’s counterparty credit rating as
        determined by S&P or any comparable rating as determined by any Alternative
        Ratings Source.

       

      “Default”
        means any of the events specified in Section 11.1 which with the passage
        of time, the giving of notice or any other condition required by Section
        11.1, would constitute an Event of Default.

       

      “Defaulting
        Lender” means any Lender that (a) has failed to fund any portion of the
        Revolving Credit Loans, participations in L/C Obligations, participations
        in
        Japanese Yen Loans or participations in Swingline Loans required to be funded
        by
        it hereunder within one (1) Business Day of the date required to be funded
        by it
        hereunder, (b) has otherwise failed to pay over to the Administrative Agent
        or
        any other Lender any other amount required to be paid by it hereunder within
        one
        (1) Business Day of the date when due, unless such amount is the subject
        of a
        good faith dispute, or (c) has been deemed insolvent or become the subject
        of a
        bankruptcy or insolvency proceeding.

       

      “Dollar
        Amount” means (a) with
        respect to each Revolving Credit Loan made or continued (or to be made or
        continued), or Letter of Credit issued or extended (or to be issued or
        extended), in Dollars, the principal or face amount, as applicable, thereof,
        (b)
        with respect to each Revolving Credit Loan made or continued (or to be made
        or
        continued) or Letter of Credit issued or extended (or to be issued or extended)
        in an Alternative Currency, the amount of Dollars which is equivalent to
        the
        principal amount of such Revolving Credit Loan, or face amount of such Letter
        of
        Credit, as applicable, at the most favorable spot exchange rate for the Borrower
        as determined by the Administrative Agent at approximately 11:00 a.m. (the
        time
        of the Administrative Agent's Correspondent) two (2) Business 

       

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      Days
        before such Loan is made or continued (or to be made or continued) or Letter
        of
        Credit is issued or extended (or to be issued or extended) and (c) with respect
        to each Japanese Yen Loan made or continued (or to be made or continued),
        the
        amount of Dollars which is equivalent to the principal amount of such Japanese
        Yen Loan at the most favorable spot exchange rate for the Borrower as determined
        by the Japanese Yen Lender at approximately 11:00 a.m. (Tokyo 

      time)
        one (1) Business Day before such Japanese Yen Loan is made or continued (or
        to
        be made or continued).  When used with respect to any other sum
        expressed in an Alternative Currency, “Dollar Amount” shall mean the amount of
        Dollars which is equivalent to the amount so expressed in such Alternative
        Currency at the most favorable spot exchange rate for the Borrower as determined
        by the Administrative Agent or Japanese Yen Lender, as applicable, to be
        available to it at the relevant time.

      

      “Dollars”
        or “$” means, unless otherwise qualified, dollars in lawful currency of the
        United States.

       

      “Domestic
        Subsidiary” means any Subsidiary organized under the laws of any political
        subdivision of the United States.

       

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

       

      “Employee
        Benefit Plan” means any employee benefit plan within the meaning of Section
        3(3) of ERISA which (a) is established or maintained by the Borrower or any
        Subsidiary or (b) with respect to any such plan that is subject to Section
        412
        of the Code or Title IV of ERISA, has at any time within the preceding six
        (6)
        years been established or maintained by the Borrower, any Subsidiary or any
        current or former ERISA Affiliate.

       

      “EMU”
means
        economic and
        monetary union as contemplated in the Treaty on European Union.

      

      “EMU
        Legislation” means
        legislative measures of the Council of European Union for the introduction
        of,
        change over to or operation of the euro.

      

      “Environmental
        Claims” means any and all administrative, regulatory or judicial actions,
        suits, demands, demand letters, claims, liens, accusations, allegations,
        notices
        of noncompliance or violation, investigations (other than internal reports
        prepared by any Person in the ordinary course of business and not in response
        to
        any third party action or request of any kind) or proceedings relating in
        any
        way to any actual or alleged violation of or liability under any Environmental
        Law or relating to any permit issued, or any approval given, under any such
        Environmental Law, including, without limitation, any and all claims by
        Governmental Authorities for enforcement, cleanup, removal, response, remedial
        or other actions or damages, contribution, indemnification cost recovery,
        compensation or injunctive relief resulting from Hazardous Materials or arising
        from alleged injury or threat of injury to human health or the
        environment.

       

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      “Environmental
        Laws” means any and all federal, foreign, state, provincial and local laws,
        statutes, ordinances, codes, rules, standards and regulations, permits,
        licenses, approvals, interpretations and orders of courts or Governmental
        Authorities, relating to the protection of human health or the environment,
        including, but not limited to, requirements pertaining to the manufacture,
        processing, distribution, use, treatment, storage, disposal, transportation,
        handling, reporting, licensing, permitting, investigation or remediation
        of
        Hazardous Materials.

       

      “ERISA”
        means the Employee Retirement Income Security Act of 1974, and the rules
        and
        regulations thereunder, each as amended or modified from time to
        time.

       

      “ERISA
        Affiliate” means any Person who together with the Borrower is treated as a
        single employer within the meaning of Section 414(b), (c), (m) or (o) of
        the
        Code or Section 4001(b) of ERISA.

       

      “euro”
means
        the single currency
        to which the Participating Member States of the European Union have
        converted.

      

       “Eurodollar
        Reserve Percentage” means, for any day, with respect to any LIBOR Rate Loan
        denominated in Dollars, the percentage (expressed as a decimal and rounded
        upwards, if necessary, to the next higher 1/100th of 1%) which is in effect
        for
        such day as prescribed by the Board of Governors of the Federal Reserve System
        (or any successor) for determining the maximum reserve requirement (including,
        without limitation, any basic, supplemental or emergency reserves) in respect
        of
        eurocurrency liabilities or any similar category of liabilities for a member
        bank of the Federal Reserve System in New York City.

       

      “Event
        of Default” means any of the events specified in Section 11.1;
provided that any requirement for passage of time, giving of
        notice, or
        any other condition required by Section 11.1, has been
        satisfied.

       

      “Excluded
        Subsidiary” shall mean (i) any investment fund or other investment vehicle
        which the Borrower or any of its Affiliates participates in as an investor
        (including for warehousing, seeding or other purposes), or acts for as a
        managing member, adviser, manager, co-manager or any comparable position,
        or any
        entity intended to be or becoming any of the foregoing (any such entity,
        an
“Investment Fund”), (ii) any entity in which the Borrower or any of its
        Affiliates invests excess cash and which is not intended to be or become
        an
        operating subsidiary (any such entity, an “Investment Entity”), (iii) any
        Subsidiary of such Investment Fund or Investment Entity and (iv) any entity
        whose primary purpose is to acquire investments of any nature whatsoever
        pending
        their transfer to an Investment Fund.  For the avoidance of doubt,
        each Excluded Subsidiary shall not be subject to any of the covenants contained
        in Article X hereof.

       

      “Excluded
        Taxes” means, with respect to the Administrative Agent, any Lender or any
        other recipient of any payment to be made by or on account of any obligation
        of
        the Borrower hereunder, (a) taxes imposed on or measured by its overall net
        income or net profits (however denominated), and franchise taxes 

       

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      imposed
        on it (in lieu of income taxes), by the jurisdiction (or any political
        subdivision thereof) under the laws of which such recipient is organized
        or in
        which its principal office is located or, in the case of any Lender, in which
        its applicable Lending Office is located, (b) any branch profits taxes imposed
        by the United States or any similar tax imposed by any other jurisdiction
        in
        which the Borrower is located and (c) in the case of a Foreign Lender (other
        than an assignee pursuant to a request by the Borrower under Section
        4.14(b)), any withholding tax that is imposed on amounts payable to such
        Foreign Lender at the time such Foreign Lender becomes a party hereto (or
        designates a new Lending Office) or is attributable to such Foreign Lender’s
        failure or inability (other than as a result of a Change in Law) to comply
        with
Section 4.13(e) other than due to a change in law as provided in
Section 4.13(e).

       

      “Existing
        Credit Agreement” means that certain Credit Agreement, dated as of December
        19, 2006, by and among the Borrower, the lenders party thereto and Wachovia
        Bank, National Association as administrative agent, as amended, restated,
        supplemented or otherwise modified from time to time.

       

      “Existing
        Shareholders” means The PNC Financial Services Group, Inc., Merrill Lynch
& Co., Inc. and their respective Affiliates.

       

      “Extensions
        of Credit” means, as to any Lender at any time, (a) an amount equal to the
        sum of (i) the aggregate principal amount of all Revolving Credit Loans made
        by
        such Lender then outstanding, (ii) such Lender’s Commitment Percentage of the
        L/C Obligations then outstanding, (iii) such Lender’s Commitment Percentage of
        the Japanese Yen Loans then outstanding and (iv) such Lender’s Commitment
        Percentage of the Swingline Loans then outstanding, or (b) the making
        of  or participation in any Loan or participation in any Letter of
        Credit by such Lender, as the context requires.

       

      “FDIC”
        means the Federal Deposit Insurance Corporation, or any successor
        thereto.

       

      “Federal
        Funds Rate” means, for any day, the rate per annum equal to the weighted
        average of the rates on overnight Federal funds transactions with members
        of the
        Federal Reserve System arranged by federal funds brokers on such day (or,
        if
        such day is not a Business Day, for the immediately preceding Business Day),
        as
        published by the Federal Reserve Bank of New York on the Business Day next
        succeeding such day, provided that if such rate is not so published for any
        day
        which is a Business Day, the average of the quotation for such day on such
        transactions received by the Administrative Agent from three Federal Funds
        brokers of recognized standing selected by the Administrative
        Agent.

       

      “Fee
        Letter” means the separate fee letter agreement executed by the Borrower and
        the Administrative Agent and/or certain of its affiliates dated August 2,
        2007.

       

      “Fiscal
        Year” means the fiscal year of the Borrower and its Subsidiaries ending on
        December 31.

       

      “Foreign
        Lender” means any Lender that is organized under the laws of a jurisdiction
        other than that in which the Borrower is resident for tax
        purposes.  For purposes of this definition, the United States, each
        State thereof and the District of Columbia shall be deemed to constitute
        a
        single jurisdiction.

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      “GAAP”
        means generally accepted accounting principles, as recognized by the American
        Institute of Certified Public Accountants and the Financial Accounting Standards
        Board, as in effect from time to time.

       

      “Governmental
        Approvals” means all authorizations, consents, approvals, permits, licenses
        and exemptions of, registrations and filings with, and reports to, all
        Governmental Authorities.

       

      “Governmental
        Authority” means the government of the United States or any other nation, or
        of any political subdivision thereof, whether state or local, and any agency,
        authority, instrumentality, regulatory body, court, central bank or other
        entity
        exercising executive, legislative, judicial, taxing, regulatory or
        administrative powers or functions of or pertaining to government (including
        any
        supra-national bodies such as the European Union or the European Central
        Bank).

       

      “Guaranty
        Obligation” means, with respect to the Borrower and its Subsidiaries,
        without duplication, any obligation, contingent or otherwise, of any such
        Person
        pursuant to which such Person has directly or indirectly guaranteed any
        Indebtedness of any other Person and, without limiting the generality of
        the
        foregoing, any obligation, direct or indirect, contingent or otherwise of
        any
        such Person entered into for the purpose of assuring in any other manner
        the
        obligee of such Indebtedness of the payment thereof or to protect such obligee
        against loss in respect thereof (in whole or in part); provided, that the
        term Guaranty Obligation shall not include endorsements for collection or
        deposit in the ordinary course of business.

       

      “Hazardous
        Materials” means any substances or materials (a) which are or become defined
        as hazardous wastes, hazardous substances, pollutants, contaminants, chemical
        substances or mixtures or toxic substances under any Environmental Law,
        (b) which are toxic, explosive, corrosive, flammable, infectious,
        radioactive, carcinogenic, mutagenic or otherwise harmful to human health
        or the
        environment and are or become regulated by any Governmental Authority,
        (c) the presence of which require investigation or remediation under any
        Environmental Law or common law, (d) the discharge or emission or release
        of
        which requires a permit or license under any Environmental Law or other
        Governmental Approval, (e) which are deemed to constitute a nuisance or a
        trespass which pose a health or safety hazard to Persons or neighboring
        properties, (f) which consist of underground or aboveground storage tanks,
        whether empty, filled or partially filled with any substance, or (g) which
        contain, without limitation, asbestos, polychlorinated biphenyls, urea
        formaldehyde foam insulation, petroleum hydrocarbons, petroleum derived
        substances or waste, crude oil, nuclear fuel, natural gas or synthetic
        gas.

       

      “Hedging
        Agreement” means any agreement with respect to any Interest Rate Contract,
        forward rate agreement, commodity swap, forward foreign exchange agreement,
        currency swap agreement, cross-currency rate swap agreement, currency option
        agreement or other agreement or arrangement designed to alter the risks of
        any
        Person arising from fluctuations in interest rates, currency values or commodity
        prices, all as amended, restated, supplemented or otherwise modified from
        time
        to time.

       

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      “Indebtedness”
        means, with respect to the Borrower and its Subsidiaries at any date and
        without
        duplication, the sum of the following calculated in accordance with
        GAAP:

       

      (a)           all
        liabilities, obligations and indebtedness for borrowed money including
        obligations evidenced by bonds, debentures, notes or other similar instruments
        of any such Person;

       

      (b)           all
        obligations to pay the deferred purchase price of property or services of
        any
        such Person (including, without limitation, all obligations under
        non-competition, earn-out or similar agreements to the extent the foregoing
        are
        characterized as indebtedness in accordance with GAAP), except trade payables
        arising in the ordinary course of business;

       

      (c)           the
        Attributable Indebtedness of such Person with respect to such Person’s
        obligations in respect of Capital Leases and Synthetic Leases (regardless
        of
        whether accounted for as indebtedness under GAAP);

       

      (d)           all
        Indebtedness of any other Person secured by a Lien on any asset owned or
        being
        purchased by the Borrower or any of its Subsidiaries (including indebtedness
        arising under conditional sales or other title retention agreements), whether
        or
        not such indebtedness shall have been assumed by the Borrower or any of its
        Subsidiaries or is limited in recourse;

       

      (e)           all
        Guaranty Obligations of any such Person;

       

      (f)           all
        obligations, contingent or otherwise, of any such Person relative to the
        face
        amount of letters of credit including, without limitation, any Reimbursement
        Obligation, and banker’s acceptances issued for the account of any such Person,
        other than such letters of credit, acceptances or similar extensions of credit
        that (i) do not support obligations for borrowed money and (ii) are not drawn
        upon (or, if drawn upon, are reimbursed within five (5) Business Days following
        payment thereof);

       

      (g)           all
        obligations of any such Person to redeem, repurchase, exchange or defease,
        with
        cash, any Capital Stock of such Person; and

       

      (h)           all
        Net Hedging Obligations.

       

      For
        all purposes hereof, the Indebtedness of any Person shall include the
        Indebtedness of any partnership or joint venture (other than a joint venture
        that is itself a corporation or limited liability company) in which such
        Person
        is a general partner or a joint venturer, unless such Indebtedness is expressly
        made non-recourse to such Person or such Person’s sole material asset is its
        interest in such partnership or joint venture.  For the avoidance of
        doubt, Indebtedness shall not include any obligations or liabilities arising
        under or in connection with any annuities, insurance policies, insurance
        contracts or any other similar agreements.

       

      “Indemnified
        Taxes” means Taxes and Other Taxes other than Excluded Taxes.

       

      “Indemnitee”
        has the meaning assigned thereto in Section 13.3(b).

       

      “Interest
        Period” has the
        meaning assigned thereto in Section 4.1(b).

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      “Interest
        Rate Contract” means any interest rate swap agreement, interest rate cap
        agreement, interest rate floor agreement, interest rate collar agreement,
        interest rate option or any other agreement regarding the hedging of interest
        rate risk exposure executed in connection with hedging the interest rate
        exposure of any Person and any confirming letter executed pursuant to such
        agreement, all as amended, restated, supplemented or otherwise modified from
        time to time.

       

      “ISP98”
        means the International Standby Practices (1998 Revision, effective January
        1,
        1999), International Chamber of Commerce Publication No. 590.

       

      “Issuing
        Lender” means Wachovia, in its capacity as issuer of any Letter of Credit,
        or any successor thereto.

       

      “Japanese
        Base Rate” means, for any day, a rate per annum equal to the Japanese Prime
        Rate for such day.  Each change in the Japanese Base Rate shall become
        effective automatically as of the opening of business on the date of such
        change
        in the Japanese Base Rate, without prior written notice to the Borrower or
        the
        Lenders.

       

      “Japanese
        Base Rate Loan” means any Japanese Yen Loan which bears interest at a rate
        determined by reference to the Japanese Base Rate.

       

      “Japanese
        Prime Rate” means for any day a fluctuating rate per annum equal to the rate
        of interest in effect for such day as publicly announced by the Japanese
        Yen
        Lender from time to time as its “short prime rate” in Japan (it being understood
        that the same shall not necessarily be the best rate offered by the Japanese
        Yen
        Lender to customers).

       

      “Japanese
        Yen” means, at any
        time of determination, the then official currency of Japan.

      

      “Japanese
        Yen Amount” means, with respect to each Japanese Yen Loan made or continued
        (or to be made or continued) in Japanese Yen, the amount of such Japanese
        Yen
        which is equivalent to the principal amount in Dollars of such Japanese Yen
        Loan
        at the most favorable spot exchange rate for the Borrower as determined by
        the
        Japanese Yen Lender to be available to it at approximately 11:00 a.m. (Tokyo
        time) two (2) Business Days before such Loan is made or continued (or to
        be made
        or continued).  When used with respect to any other sum expressed in
        Dollars, “Japanese Yen Amount” shall mean the amount of such Japanese Yen which
        is equivalent to the amount so expressed in Dollars at the most favorable
        spot
        exchange rate for the Borrower as determined by the Japanese Yen Lender to
        be
        available to it at the relevant time.

       

      “Japanese
        Yen Commitment” means the lesser of (a) Fifty Million Dollars ($50,000,000)
        and (b) the Aggregate Commitment.

       

      “Japanese
        Yen Facility” means the Japanese Yen facility established pursuant to
Section 2.2.

       

      “Japanese
        Yen Lender” means Sumitomo Mitsui Banking Corporation, in its capacity as
        Japanese Yen Lender hereunder, or successor thereto in accordance with
Section 12.9.

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

      “Japanese
        Yen Loan” means any revolving credit loan made by the Japanese Yen Lender to
        the Borrower pursuant to Section 2.2 and “Japanese Yen Loans” means all
        such Japanese Yen Loans, collectively, as the context requires.

       

      “Japanese
        Yen Note” means a promissory note made by the Borrower in favor of the
        Japanese Yen Lender evidencing the Japanese Yen Loans made by the Japanese
        Yen
        Lender, substantially in the form of Exhibit A-2, and
        any amendments, supplements and modifications thereto, any substitutes therefor
        and any replacements, restatements, renewals or extension thereof, in whole
        or
        in part.

       

      “L/C
        Commitment” means the lesser of (a) $250,000,000 and (b) the Aggregate
        Commitment.

       

      “L/C
        Facility” means the letter of credit facility established pursuant to
Article III.

       

      “L/C
        Obligations” means at any time, an amount equal to the sum of (a) the
        aggregate undrawn and unexpired amount of the then outstanding Letters of
        Credit
        and (b) the aggregate amount of drawings under Letters of Credit which have
        not
        then been reimbursed pursuant to Section 3.5.

       

      “L/C
        Participants” means the collective reference to all the Revolving Credit
        Lenders other than the Issuing Lender.

       

      “Lender”
        means each Person executing this Agreement as a Lender (including, without
        limitation, the Japanese Yen Lender, the Issuing Lender and the Swingline
        Lender
        unless the context otherwise requires) set forth on the signature pages hereto
        and each Person that hereafter becomes a party to this Agreement as a Lender
        pursuant to Section 13.10.

       

      “Lending
        Office” means, with respect to any Lender, the office of such Lender
        maintaining such Lender’s Extensions of Credit.

       

      “Letter
        of Credit Application” means an application, in the form specified by the
        Issuing Lender from time to time, requesting the Issuing Lender to issue
        a
        Letter of Credit.

       

      “Letters
        of Credit” has the meaning assigned thereto in Section
        3.1.

       

      “LIBOR”
        means the rate of interest per annum determined on the basis of the rate
        for
        deposits in Dollars or the applicable Alternative Currency in minimum amounts
        of
        at least $5,000,000 or the applicable Alternative Currency Amount for a period
        equal to the applicable Interest Period which appears on the Reuters Page
        LIBOR01, or its successor page, at approximately 11:00 a.m. (London time)
        two
        (2) Business Days prior to the first day of the applicable Interest Period
        (rounded to the nearest 1/100th of
        1%).  If, for any reason, such rate does not appear on Reuters Page
        LIBOR01, or its successor page, then “LIBOR” shall be determined by the
        Administrative Agent to be the arithmetic average of the rate per annum at
        which
        deposits in Dollars in minimum amounts of at least $5,000,000 or the applicable
        Alternative Currency Amount would be offered by first class banks in the
        London
        interbank market to the Administrative Agent at approximately 11:00 a.m.
        (London
        time) two (2) Business Days prior to the first day of the applicable Interest
        Period for a period equal to such Interest Period.  Each calculation
        by the Administrative Agent of LIBOR shall be conclusive and binding for
        all
        purposes, absent manifest error.

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

      “LIBOR
        Market Index Rate” means for any day, the rate for one (1) month U.S. Dollar
        deposits as reported on Reuters Page LIBOR01, or its successor page, as of
        11:00
        a.m., London time, on such day, or if such day is not a Business Day, then
        the
        immediately preceding Business Day (or if not so reported, then as determined
        by
        the Administrative Agent from another recognized source or interbank
        quotation).

       

      “LIBOR
        Rate” means:

       

      (a)
        with respect to any LIBOR Rate Loan denominated in Dollars, a rate per annum
        (rounded to the nearest 1/100th of 1%) determined by the Administrative Agent
        pursuant to the following formula:

       

      
        
          	 	
                  LIBOR
                    Rate =

                	
                  LIBOR

                	 
	 	 	
                  1.00-Eurodollar
                    Reserve Percentage

                	 

        

      

       

      and

       

      
         

        (b)
          with respect to any LIBOR Rate Loan denominated in an Alternative Currency,
          a
          rate per annum (rounded to the nearest 1/100th
          of 1%) equal to
          LIBOR:

      

       

      “LIBOR
        Rate Loan” means any Loan bearing interest at a rate based upon the LIBOR
        Rate as provided in Section 4.1(a).

       

      “Lien”
        means, with respect to any asset, any mortgage, leasehold mortgage, lien,
        pledge, charge, security interest, hypothecation or encumbrance in the nature
        of
        security of any kind in respect of such asset.  For the purposes of
        this Agreement, a Person shall be deemed to own subject to a Lien any asset
        which it has acquired or holds subject to the interest of a vendor or lessor
        under any conditional sale agreement, Capital Lease or other title retention
        agreement relating to such asset.

       

      “Loan
        Documents” means, collectively, this Agreement, each Note and, subject to
Section 13.22, the Letter of Credit Applications, all as may be amended,
        restated, supplemented or otherwise modified from time to time.

       

      “Loans”
        means the collective reference to the Revolving Credit Loans, the Japanese
        Yen
        Loans and the Swingline Loans and “Loan” means any of such Loans.

       

      “Mandatory
        Cost Rate” means the
        percentage rate per annum calculated by the Administrative Agent in accordance
        with Schedule 1.1 hereto.

       

      “Material
        Adverse Effect”  means a material adverse effect on (a) the
        business, operations or financial condition of the Borrower and its Subsidiaries
        taken as a whole or (b) the ability of the Borrower to perform its obligations
        under the Loan Documents.

       

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      “Material
        Subsidiary” means any Subsidiary of the Borrower that, as of any date of
        determination, either (a) accounts for ten percent (10%) or more of the revenue
        of the Borrower on a Consolidated basis or (b) owns assets with a fair market
        value in excess of ten percent (10%) of the total assets of the Borrower
        on a
        Consolidated basis, in each case as determined by reference to the Borrower’s
        most recently completed annual audited financial statements and on a consistent
        basis with GAAP and Regulation S-X of the Securities Exchange Act of 1934,
        as
        amended.

       

      “Maturity
        Date” means the earliest to occur of (a) August 22, 2012, (b) the date of
        termination by the Borrower pursuant to Section 2.6, or (c) the date of
        termination pursuant to Section 11.2(a).

       

      “Merrill
        Lynch Investment Managers Transactions” means (i) the transactions
        contemplated by the Merrill Lynch Merger Agreement and (ii) the related
        restructuring of the capitalization and alignment of the direct and indirect
        Subsidiaries of the Borrower.

       

      “Merrill
        Lynch Merger Agreement” means the Transaction Agreement and Plan of Merger,
        dated as of February 15, 2006, by and among BlackRock, Inc. (formerly known
        as
        New Boise, Inc.), BlackRock Merger Sub., Inc. (formerly known as Boise Merger
        Sub, Inc), BlackRock Holdco 2, Inc. (formerly known as BlackRock, Inc.) and
        Merrill Lynch & Co., Inc.

       

      “Moody’s”
        means Moody’s Investors Service, Inc. and any successor thereto.

       

      “Multiemployer
        Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA
        to which the Borrower or any ERISA Affiliate is making, or is accruing an
        obligation to make, or has accrued an obligation to make contributions within
        the preceding six (6) years.

       

      “Net
        Hedging Obligations” means,
        as of any date, in respect of any Hedging Agreement, the Termination Value
        of
        any such Hedging Agreement on such date.

       

      “Notes”
        means the collective reference to the Revolving Credit Notes, the Japanese
        Yen
        Note and the Swingline Note.

       

      “Notice
        of Account Designation” has the meaning assigned thereto in Section
        2.4(e).

       

      “Notice
        of Borrowing” has the meaning assigned thereto in Section
        2.4(a).

       

      “Notice
        of Conversion/Continuation” has the meaning assigned thereto in Section
        4.2.

       

      “Notice
        of Prepayment” has the meaning assigned thereto in Section
        2.5(c).

       

      “Obligations”
        means, in each case, whether now in existence or hereafter arising: (a) the
        principal of and interest on (including interest accruing after the filing
        of
        any bankruptcy or similar petition) the Loans, (b) the L/C Obligations and
        (c)
        all other fees and commissions (including attorneys’ fees), charges,
        indebtedness, loans, liabilities, financial accommodations, obligations,
        covenants and duties owing by the Borrower to the Lenders or the Administrative
        Agent, in each case under any Loan Document, with respect to any Loan or
        Letter
        of Credit of every kind, nature and description, direct or indirect, absolute
        or
        contingent, due or to become due, contractual or tortious, liquidated or
        unliquidated, and whether or not evidenced by any note.

       

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

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

       

      “Officer’s
        Compliance Certificate” means a certificate of the chief financial officer,
        the head of business finance or the treasurer of the Borrower substantially
        in
        the form of Exhibit F.

       

      “Operating
        Lease” means, as to any Person as determined in accordance with GAAP, any
        lease of property (whether real, personal or mixed) by such Person as lessee
        which is not a Capital Lease.

       

      “Other
        Taxes” means all present or future stamp or documentary taxes or any other
        excise or property taxes, charges or similar levies arising from any payment
        made hereunder or under any other Loan Document or from the execution, delivery
        or enforcement of, or otherwise with respect to, this Agreement or any other
        Loan Document.

       

      “Participant”
        has the meaning assigned thereto in Section 13.10(d).

       

      “Participating
        Member State” means each state so described in any EMU
        Legislation.

       

      “PBGC”
        means the Pension Benefit Guaranty Corporation or any successor
        agency.

       

      “Pension
        Plan” means any Employee Benefit Plan, other than a Multiemployer Plan,
        which is subject to the provisions of Title IV of ERISA or Section 412 of
        the
        Code and which (a) is maintained for the employees of Borrower or any ERISA
        Affiliates or (b) has at any time within the preceding six (6) years been
        maintained for the employees of Borrower or any of its current or former
        ERISA
        Affiliates.

       

      “Permitted
        Currency” means (a) Dollars, (b) Japanese Yen, (c) Pounds Sterling, (d)
        euros, and (e) any other currency agreed upon by the Borrower, the
        Administrative Agent and all of the Lenders.

       

      “Permitted
        Liens” means the Liens permitted pursuant to Section
        10.1.

       

      “Permitted
        Securitization” shall mean any sales or other transfers from time to time by
        the Borrower or its Material Subsidiaries of all or any portion of its
        receivables in one or more securitization transactions.

       

      “Person”
        means any natural person, corporation, limited liability company, trust,
        joint
        venture, association, company, partnership, governmental authority or other
        entity.

       

      “Pounds
        Sterling” means, at any
        time of determination, the then official currency of the United Kingdom of
        Great
        Britain and Northern Ireland.

      

      “Prime
        Rate” means, at any time, the rate of interest per annum publicly announced
        from time to time by Wachovia as its prime rate.  Each change in the
        Prime Rate shall be effective as of the opening of business on the day such
        change in such prime rate occurs.  The parties hereto acknowledge that
        the rate announced publicly by Wachovia as its prime rate is an index or
        base
        rate and shall not necessarily be its lowest or best rate charged to its
        customers or other banks.

       

       

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

       

      “Register”
        has the meaning assigned thereto in Section 13.10(c).

       

      “Reimbursement
        Obligation” means the obligation of the Borrower to reimburse the Issuing
        Lender pursuant to Section 3.5 for amounts drawn under Letters of
        Credit.

       

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

       

      “Required
        Lenders” means, at any date, any combination of Lenders who hold in
        aggregate more than fifty percent (50%) of the Aggregate Commitment or, if
        the
        Credit Facility has been terminated pursuant to Section 11.2, any
        combination of Lenders holding more than fifty percent (50%) of the aggregate
        Extensions of Credit (with the aggregate amount of each Lender’s risk
        participation in Japanese Yen Loans, Swingline Loans and L/C Obligations
        being
        deemed to be “held” by such Lender for the purposes of this definition);
provided that the Commitment of, and the portion of the Extensions of
        Credit, as applicable, held or deemed held by, any Defaulting Lender shall
        be
        excluded for purposes of making a determination of Required
        Lenders.

       

      “Responsible
        Officer” means the chief executive officer, president, chief financial
        officer, chief accounting officer, head of business finance or treasurer
        of the
        Borrower or any other officer of the Borrower proposed by the Borrower and
        reasonably acceptable to the Administrative Agent.  Any document
        delivered hereunder that is signed by a Responsible Officer of the Borrower
        shall be conclusively presumed to have been authorized by all necessary
        corporate, partnership and/or other action on the part of the Borrower and
        such
        Responsible Officer shall be conclusively presumed to have acted on behalf
        of
        the Borrower.

       

      “Revolving
        Credit Facility” means the revolving credit facility established pursuant to
Article II.

       

      “Revolving
        Credit Lender” means any Lender with a Commitment to make Revolving Credit
        Loans hereunder.

       

      “Revolving
        Credit Loans” means any revolving loan made to the Borrower pursuant to
Section 2.1, and all such revolving loans collectively as the context
        requires.

       

      “Revolving
        Credit Note” means a promissory note made by the Borrower in favor of a
        Lender evidencing the Revolving Credit Loans made by such Lender, substantially
        in the form of Exhibit A-1, and any amendments,
        supplements and modifications thereto, any substitutes therefor, and any
        replacements, restatements, renewals or extension thereof, in whole or in
        part.

       

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

       

       

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

       

      “Sanctioned
        Entity” means (i) a country or a government of a country, (ii) an agency of
        the government of a country, (iii) an organization directly or indirectly
        controlled by a country or its government, or (iv) a person or entity resident
        in or determined to be resident in a country that is subject to a country
        sanctions program administered and enforced by OFAC described or referenced
        at
http://www.ustreas.gov/offices/enforcement/ofac/sanctions/index.html, or
        as otherwise published from time to time as such program may be applicable
        to
        such agency, organization or person.

       

      “Sanctioned
        Person” means a person named on the list of Specially Designated Nationals
        or Blocked Persons maintained by OFAC available at or through
http://www.ustreas.gov/offices/enforcement/ofac/.html, or as otherwise
        published from time to time.

       

      “SEC”
        means the Securities and Exchange Commission, or any Governmental Authority
        succeeding to any of its principal functions.

       

      “SSR
        Acquisition” means the transactions contemplated by the Stock Purchase
        Agreement, dated as of August 25, 2004, among MetLife, Inc., Metropolitan
        Life
        Insurance Company, SSRM Holdings, Inc., BlackRock, Inc. and BlackRock Financial
        Management, Inc.

       

      “Subsidiary”
        means as to any Person, any corporation, partnership, limited liability company
        or other entity of which more than fifty percent (50%) of the outstanding
        Capital Stock having ordinary voting power to elect a majority of the board
        of
        directors or other managers of such corporation, partnership, limited liability
        company or other entity is at the time owned by or the management is otherwise
        controlled, directly or indirectly, by such Person (irrespective of whether,
        at
        the time, Capital Stock of any other class or classes of such corporation,
        partnership, limited liability company or other entity shall have or might
        have
        voting power by reason of the happening of any contingency); provided, however,
        that a Subsidiary shall not include any Excluded Subsidiary.  Unless
        otherwise qualified, references to “Subsidiary” or “Subsidiaries” herein shall
        refer to those of the Borrower.

       

      “Swingline
        Commitment” means the
        lesser of (a) $250,000,000 and (b) the Aggregate Commitment.

       

      “Swingline
        Facility” means the swingline facility established pursuant to Section
        2.3.

       

      “Swingline
        Lender” means Wachovia in its capacity as swingline lender hereunder or any
        successor thereto.

       

      “Swingline
        Loan” means any swingline loan made by the Swingline Lender to the Borrower
        pursuant to Section 2.3, and “Swingline Loans” means all such swingline
        loans collectively as the context requires.

       

      “Swingline
        Note” means a promissory note made by the Borrower in favor of the Swingline
        Lender evidencing the Swingline Loans made by the Swingline Lender,
        substantially in the form of Exhibit A-2, and any
        amendments, supplements and modifications thereto, any substitutes therefor,
        and
        any replacements, restatements, renewals or extension thereof, in whole or
        in
        part.

       

       

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

       

      “Swingline
        Termination Date” means the first to occur of (a) the resignation of
        Wachovia as Administrative Agent in accordance with Section 12.6 (solely
        to the extent any successor Administrative Agent does not agree to assume
        the
        duties and responsibilities of the Swingline Lender herein) and (b) the Maturity
        Date.

       

      “Synthetic
        Lease” means any synthetic lease, tax retention operating lease, off-balance
        sheet loan or similar off-balance sheet financing product where such transaction
        is considered borrowed money indebtedness for tax purposes but is classified
        as
        an Operating Lease in accordance with GAAP.

       

      “TARGET”
shall
        mean
        Trans-European Automated Real-time Gross Settlement Express Transfer payment
        system (or, if such system ceases to be operative, such other payment system
        (if
        any) determined by the Administrative Agent to be a suitable replacement
        and
        approved by the Borrower (such approval not to be unreasonably withheld or
        delayed)).

      

      “TARGET
        Day” means any day on
        which TARGET is open for the settlement of payments in euro.

      

      “Taxes”
        means all present or future taxes, levies, imposts, duties, deductions,
        withholdings, assessments, fees or other charges imposed by any Governmental
        Authority, including any interest, additions to tax or penalties applicable
        thereto.

       

      “Termination
        Event” means except for any such event or condition that could not
        reasonably be expected to have a Material Adverse Effect: (a) a “Reportable
        Event” described in Section 4043 of ERISA for which the notice requirement has
        not been waived by the PBGC, or (b) the withdrawal of Borrower or any ERISA
        Affiliate from a Pension Plan during a plan year in which it was a “substantial
        employer” as defined in Section 4001(a)(2) of ERISA, or (c) the termination of a
        Pension Plan, the filing of a notice of intent to terminate a Pension Plan
        or
        the treatment of a Pension Plan amendment as a termination, under Section
        4041
        of ERISA, if the plan assets are not sufficient to pay all plan liabilities,
        or
        (d) the institution of proceedings to terminate, or the appointment of a
        trustee
        with respect to, any Pension Plan by the PBGC, or (e) any other event or
        condition which would constitute grounds under Section 4042(a) of ERISA for
        the
        termination of, or the appointment of a trustee to administer, any Pension
        Plan,
        or (f) the imposition of a Lien pursuant to Section 412 of the Code or Section
        302 of ERISA, or (g) the partial or complete withdrawal of Borrower or any
        ERISA Affiliate from a Multiemployer Plan if withdrawal liability is asserted
        by
        such plan, or (h) any event or condition which results in the
        reorganization or insolvency of a Multiemployer Plan under Sections 4241
        or 4245
        of ERISA, or (i) any event or condition which results in the termination
        of a
        Multiemployer Plan under Section 4041A of ERISA or the institution by PBGC
        of
        proceedings to terminate a Multiemployer Plan under Section 4042 of
        ERISA.

       

      “Termination
        Value” means, in respect of any one or more Hedging Agreements, after taking
        into account the effect of any legally enforceable netting agreement relating
        to
        such Hedging Agreements, (a) for any date on or after the date such Hedging
        Agreements have been closed out and termination value(s) determined in
        accordance therewith, such termination value(s), and (b) for any date prior
        to
        the date referenced in clause (a), the amount(s) determined as the
        mark-to-market value(s) for such Hedging Agreements, as determined based
        upon
        one or more mid-market or other readily available quotations provided by
        any
        recognized dealer in such Hedging Agreements (which may include a Lender
        or any
        Affiliate of a Lender).

       

       

      
        
          
          

        

        
          21

          
            

          

        

        
          
          

        

      

       

      “Treaty
        on European Union” means the Treaty of Rome of March 25, 1957, as amended by
        the Single European Act of 1986 and the Maastricht Treaty (signed February
        7,
        1992), as amended from time to time.

       

      “United
        States” means the United States of America.

       

      “Unrestricted
        Cash” means all cash of the Borrower and its Subsidiaries that are Domestic
        Subsidiaries (i) that is not subject to a Lien (other than banker’s or similar
        liens) or (ii) the use of such cash by the Borrower or any such Subsidiary
        is
        not restricted by Applicable Law.

       

      “Wachovia”
        means Wachovia Bank, National Association, a national banking association,
        and
        its successors.

       

      SECTION
        1.2       Other Definitions and
        Provisions.  With reference to this Agreement and each other Loan
        Document, unless otherwise specified herein or in such other Loan
        Document:  (a) the definitions of terms herein shall apply equally to
        the singular and plural forms of the terms defined, (b) whenever the context
        may
        require, any pronoun shall include the corresponding masculine, feminine
        and
        neuter forms, (c) the words “include”, “includes” and “including” shall be
        deemed to be followed by the phrase “without limitation”, (d) the word “will”
shall be construed to have the same meaning and effect as the word “shall”,
        (e) any definition of or reference to any agreement, instrument or other
        document herein shall be construed as referring to such agreement, instrument
        or
        other document as from time to time amended, supplemented or otherwise modified
        (subject to any restrictions on such amendments, supplements or modifications
        set forth herein), (f) any reference herein to any Person shall be construed
        to
        include such Person’s permitted successors and assigns, (g) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to
        refer to this Agreement in its entirety and not to any particular provision
        hereof, (h) all references herein to Articles, Sections, Exhibits and Schedules
        shall be construed to refer to Articles and Sections of, and Exhibits and
        Schedules to, this Agreement, (i) 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, including cash, securities,
        accounts and contract rights, (j) the term “documents” includes any and
        all instruments, documents, agreements, certificates, notices, reports,
        financial statements and other writings, however evidenced, whether in physical
        or electronic form, (k) in the computation of periods of time from a specified
        date to a later specified date, the word “from” means “from and including;” the
        words “to” and “until” each mean “to but excluding;” and the word “through”
means “to and including”, and (l) section headings herein and in the other Loan
        Documents are included for convenience of reference only and shall not affect
        the interpretation of this Agreement or any other Loan Document.

       

      SECTION
        1.3      Accounting Terms.  All
        accounting terms not specifically or completely defined herein shall be
        construed in conformity with, and all financial data (including financial
        ratios
        and other financial calculations) required to be submitted pursuant to this
        Agreement shall be prepared in conformity with, GAAP, except as otherwise
        specifically prescribed herein.

       

      
        
          
          

        

        
          22

          
            

          

        

        
          
          

        

      

       

      SECTION
        1.4      Rounding.  Any financial
        ratios required to be maintained by the Borrower pursuant to this Agreement
        shall be calculated by dividing the appropriate component by the other
        component, carrying the result to one place more than the number of places
        by
        which such ratio is expressed herein and rounding the result up or down to
        the
        nearest number (with a rounding-up if there is no nearest number).

       

      SECTION
        1.5      References to Agreement and
        Laws.  Unless otherwise expressly provided herein, (a) references
        to formation documents, governing documents, agreements (including the Loan
        Documents) and other contractual instruments shall be deemed to include all
        subsequent amendments, restatements, extensions, supplements and other
        modifications thereto, but only to the extent that such amendments,
        restatements, extensions, supplements and other modifications are not prohibited
        by any Loan Document; and (b) references to any Applicable Law shall include
        all
        statutory and regulatory provisions consolidating, amending, replacing,
        supplementing or interpreting such Applicable Law.

       

      SECTION
        1.6      Times of Day.  Unless
        otherwise specified, all references herein to times of day shall be references
        to Eastern time (daylight or standard, as applicable).

       

      SECTION
        1.7      Letter of Credit
        Amounts.  Unless otherwise specified, all references herein to the
        amount of a Letter of Credit at any time shall be deemed to mean the maximum
        stated amount of such Letter of Credit after giving effect to all increases
        thereof contemplated by such Letter of Credit or the Letter of Credit
        Application therefor, whether or not such maximum face amount is in effect
        at
        such time.

       

      SECTION
        1.8      Effectiveness of Euro
        Provisions.  With respect to any state (or the currency of such
        state) that is not a Participating Member State on the date of this Agreement,
        the provisions of Sections 4.1(f), 4.8(b), 4.8(c),
4.8(d) and 4.15 shall become effective in relation
        to such state
        (and the currency of such state) at and from the date on which such state
        becomes a Participating Member State.

       

      SECTION
        1.9      Amount of
        Obligations.  Unless otherwise specified, for purposes of this
        Agreement, any determination of the amount of any outstanding Revolving Credit
        Loans, Japanese Yen Loans, Swingline Loans, L/C Obligations or other Obligations
        shall be based upon the Dollar Amount of such outstanding
        Obligations.

       

      ARTICLE
        II

       

      REVOLVING
        CREDIT FACILITY

       

      SECTION
        2.1       Revolving Credit
        Loans.  Subject to the terms and conditions of this Agreement,
        each Revolving Credit Lender severally agrees to make Revolving Credit Loans
        in
        a Permitted Currency to the Borrower from time to time from the Closing Date
        through, but not including, the Maturity Date as requested by the Borrower
        in
        accordance with the terms of Section 2.4; provided, that, (a) the
        aggregate principal amount of all outstanding Revolving Credit Loans (after
        giving effect to any amount requested and the use thereof) shall not exceed
        an
        amount equal to the Aggregate Commitment less the sum of all outstanding
        Japanese

       

       

      
        
          
          

        

        
          23

          
            

          

        

        
          
          

        

      

       

      Yen
        Loans, Swingline Loans and L/C Obligations and (b) the principal amount of
        outstanding Revolving Credit Loans from any Revolving Credit Lender to the
        Borrower shall not at any time exceed such Revolving Credit Lender’s Commitment
less such Revolving Credit Lender’s Commitment Percentage of all
        outstanding Japanese Yen Loans, Swingline Loans and L/C
        Obligations.  Each Revolving Credit Loan by a Revolving Credit Lender
        shall be in a principal amount equal to such Revolving Credit Lender’s
        Commitment Percentage of the aggregate principal amount of Revolving Credit
        Loans requested on such occasion.  Revolving Credit Loans to be made
        in an Alternative Currency shall be funded in an amount equal to the Alternative
        Currency Amount of such Revolving Credit Loan.  Subject to the terms
        and conditions hereof, the Borrower may borrow, repay and reborrow Revolving
        Credit Loans hereunder until the Maturity Date.

       

      SECTION
        2.2       Japanese Yen
        Loans.

       

      (a)           Availability.  Subject
        to the terms and conditions of this Agreement, the Japanese Yen Lender agrees
        to
        make Japanese Yen Loans to the Borrower at the direction of the Administrative
        Agent, from time to time from the Closing Date through, but not including,
        the
        Maturity Date as requested by the Borrower, in accordance with the terms
        of
Section 2.4; provided that the aggregate principal amount of all
        outstanding Japanese Yen Loans (after giving effect to any amount requested)
        shall not exceed the lesser of (i) the Aggregate Commitment less the sum
        of all outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations
        and (ii) the Japanese Yen Commitment.  Subject to the terms and
        conditions hereof, the Borrower may borrow, repay and reborrow Japanese Yen
        Loans hereunder until the Maturity Date.

      

      (b)         Refunding
        of Japanese Yen Loans.

      

      (i)           Upon
        the occurrence and during the continuance of an Event of Default, each Japanese
        Yen Loan may, at the discretion of the Japanese Yen Lender, be converted
        immediately to a Base Rate Loan funded in Dollars by the Revolving Credit
        Lenders in an amount equal to the Dollar Amount of such Japanese Yen Loan;
        provided that the Borrower shall pay to the Japanese Yen Lender any and
        all reasonable out-of pocket costs, fees and other expenses incurred by the
        Japanese Yen Lender in effecting such conversion.  Such Base Rate Loan
        shall thereafter be reflected as a Revolving Credit Loan of the Revolving
        Credit
        Lenders to the Borrower on the books and records of the Administrative
        Agent.  Each Revolving Credit Lender shall fund its respective
        Commitment Percentage of such Revolving Credit Loan as required to repay
        Japanese Yen Loans outstanding to the Japanese Yen Lender upon such demand
        by
        the Japanese Yen Lender in no event later than 1:00 p.m. (Charlotte time)
        on the
        next succeeding Business Day after such demand is made.  No Revolving
        Credit Lender’s obligation to fund its respective Commitment Percentage of any
        Revolving Credit Loan required to repay such Japanese Yen Loan shall be affected
        by any other Revolving Credit Lender’s failure to fund its Commitment Percentage
        of such Revolving Credit Loan, nor shall any Revolving Credit Lender’s
        Commitment Percentage be increased as a result of any such failure of any
        other
        Revolving Credit Lender to fund its Commitment Percentage of such Revolving
        Credit Loan.

       

       

      
        
          
          

        

        
          24

          
            

          

        

        
          
          

        

      

      

      (ii)           The
        Borrower shall pay to the Japanese Yen Lender on demand the amount of such
        Japanese Yen Loans to the extent that the Revolving Credit Lenders fail to
        refund in full the outstanding Japanese Yen Loans requested or required to
        be
        refunded.  In addition, the Borrower hereby authorizes the
        Administrative Agent to charge any account maintained by the Borrower with
        the
        Japanese Yen Lender or any Affiliate thereof (up to the
        amount available therein) upon one (1) Business Day’s notice to the Borrower in
        order to immediately pay the Japanese Yen Lender the amount of such Japanese
        Yen
        Loans to the extent amounts received from the Revolving Credit Lenders are
        not
        sufficient to repay in full the outstanding Japanese Yen Loans requested
        or
        required to be refunded.  If any portion of any such amount paid to
        the Japanese Yen Lender shall be recovered by or on behalf of the Borrower
        from
        the Japanese Yen Lender in bankruptcy or otherwise, the loss of the amount
        so
        recovered shall be ratably shared among all the Revolving Credit Lenders
        in
        accordance with their respective Commitment Percentages (unless the amounts
        so
        recovered by or on behalf of the Borrower pertain to a Japanese Yen Loan
        extended after the occurrence and during the continuance of an Event of Default
        of which the Japanese Yen Lender has received notice and which such Event
        of
        Default has not been waived in accordance with Section
        13.2).

      

      (iii)           Each
        Revolving Credit Lender acknowledges and agrees that its obligation to refund
        Japanese Yen Loans in accordance with the terms of this Section is absolute
        and
        unconditional and shall not be affected by any circumstance whatsoever,
        including, without limitation, non-satisfaction of the conditions set forth
        in
Article V.  Further, each Revolving Credit Lender acknowledges
        and agrees that if prior to the refunding of any outstanding Japanese Yen
        Loans
        pursuant to this Section, one of the events described in Sections 11.1(i)
        and (j) shall have occurred, each Revolving Credit Lender will, on the
        date the applicable Revolving Credit Loan would have been made to refund
        such
        Japanese Yen Loans, purchase an undivided participating interest in such
        Japanese Yen Loans in an amount equal to its Commitment Percentage of the
        aggregate amount of such Japanese Yen Loans.  Each Revolving Credit
        Lender will immediately transfer to the Administrative Agent, for the account
        of
        the Japanese Yen Lender, in immediately available funds in Japanese Yen,
        the
        amount of its participation and upon receipt thereof the Japanese Yen Lender
        will deliver to such Revolving Credit Lender a certificate evidencing such
        participation dated the date of receipt of such funds and for such
        amount.  Whenever, at any time after the Japanese Yen Lender has
        received from any Revolving Credit Lender such Revolving Credit Lender’s
        participating interest in the refunded Japanese Yen Loans, the Japanese Yen
        Lender receives any payment on account thereof, the Japanese Yen Lender will
        distribute to such Revolving Credit Lender its participating interest in
        such
        amount (appropriately adjusted, in the case of interest payments, to reflect
        the
        period of time during which such Revolving Credit Lender’s participating
        interest was outstanding and funded).

       

      SECTION
        2.3       Swingline
        Loans.

       

      (a)           Availability.  Subject
        to the terms and conditions of this Agreement, the Swingline Lender agrees
        to
        make Swingline Loans to the Borrower from time to time from the Closing Date
        through, but not including, the Swingline Termination Date; provided,
        that (i) all Swingline Loans shall be denominated in Dollars and (ii) the
        aggregate principal amount of all outstanding Swingline Loans (after giving
        effect to any amount requested and the use thereof), shall not exceed the
        lesser
        of (A) the Aggregate Commitment less the sum of all outstanding Revolving
        Credit Loans, Japanese Yen Loans and the L/C Obligations and (B) the Swingline
        Commitment.

       

       

      
        
          
          

        

        
          25

          
            

          

        

        
          
          

        

      

       

      (b)           Refunding.

       

      (i)           Swingline
        Loans shall be refunded by the Revolving Credit Lenders on demand by the
        Swingline Lender.  Such refundings shall be made by the Revolving
        Credit Lenders in accordance with their respective Commitment Percentages
        and
        shall upon such refunding be immediately treated as Revolving Credit Loans
        hereunder and promptly thereafter be reflected as Revolving Credit Loans
        of the
        Revolving Credit Lenders on the Register.  Each Revolving Credit
        Lender shall fund its respective Commitment Percentage of Revolving Credit
        Loans
        as required to repay Swingline Loans outstanding to the Swingline Lender
        upon
        demand by the Swingline Lender but in no event later than 1:00 p.m. on the
        next
        succeeding Business Day after such demand is made.  All such Revolving
        Credit Loans shall be made as Base Rate Loans. No Revolving Credit Lender’s
        obligation to fund its respective Commitment Percentage of a Swingline Loan
        shall be affected by any other Revolving Credit Lender’s failure to fund its
        Commitment Percentage of a Swingline Loan, nor shall any Revolving Credit
        Lender’s Commitment Percentage be increased as a result of any such failure of
        any other Revolving Credit Lender to fund its Commitment Percentage of a
        Swingline Loan.

       

      (ii)           The
        Borrower shall pay to the Swingline Lender on demand the amount of such
        Swingline Loans to the extent amounts received from the Revolving Credit
        Lenders
        are not sufficient to repay in full the outstanding Swingline Loans requested
        or
        required to be refunded.  In addition, the Borrower hereby authorizes
        the Administrative Agent to charge any account maintained by the Borrower
        with
        the Swingline Lender (up to the amount available therein) upon one (1) Business
        Day’s notice to Borrower in order to immediately pay the Swingline Lender the
        amount of such Swingline Loans to the extent amounts received from the Revolving
        Credit Lenders are not sufficient to repay in full the outstanding Swingline
        Loans requested or required to be refunded.  If any portion of any
        such amount paid to the Swingline Lender shall be recovered by or on behalf
        of
        the Borrower from the Swingline Lender in bankruptcy or otherwise, the loss
        of
        the amount so recovered shall be ratably shared among all the Revolving Credit
        Lenders in accordance with their respective Commitment Percentages (unless
        the
        amounts so recovered by or on behalf of the Borrower pertain to a Swingline
        Loan
        extended after the occurrence and during the continuance of an Event of Default
        of which the Administrative Agent has received notice in the manner required
        pursuant to Section 12.3 and which such Event of Default has not been
        waived in accordance with Section 13.2).

       

      (iii)           Each
        Revolving Credit Lender acknowledges and agrees that its obligation to refund
        Swingline Loans in accordance with the terms of this Section is absolute
        and
        unconditional and shall not be affected by any circumstance whatsoever,
        including, without limitation, non-satisfaction of the conditions set forth
        in
Article V.  Further, each Revolving Credit Lender agrees and
        acknowledges that if prior to the refunding of any outstanding Swingline
        Loans
        pursuant to this Section, one of the events described in Section 11.1(j)
        or (k) shall have occurred, each Revolving Credit Lender will, on the
        date the applicable Revolving Credit Loan would have been made, purchase
        an
        undivided participating interest in the Swingline Loan to be refunded in
        an
        amount equal to its Commitment Percentage of the aggregate amount of such
        Swingline Loan.  Each Revolving Credit Lender will immediately
        transfer to the Swingline Lender, in immediately available funds,
        the

       

       

      
        
          
          

        

        
          26

          
            

          

        

        
          
          

        

      

       

      amount
        of its participation and upon receipt thereof the Swingline Lender will deliver
        to such Revolving Credit Lender a certificate evidencing such participation
        dated the date of receipt of such funds and for such
        amount.  Whenever, at any time after the Swingline Lender has received
        from any Revolving Credit Lender such Revolving Credit Lender’s participating
        interest in a Swingline Loan, the Swingline Lender receives any payment on
        account thereof, the Swingline Lender will distribute to such Revolving Credit
        Lender its participating interest in such amount (appropriately adjusted,
        in the
        case of interest payments, to reflect the period of time during which such
        Revolving Credit Lender’s participating interest was outstanding and
        funded).

       

      
        	
                 

              	
                SECTION
                  2.4

              	
                Procedure
                  for Advances of Revolving Credit Loans, Japanese Yen Loans and
                  Swingline
                  Loans.

              

      

       

      (a)              Requests
        for Borrowing.  The Borrower shall give the Administrative Agent
        irrevocable prior written notice substantially in the form of
Exhibit B (a “Notice of Borrowing”) or
        telephonic notice (followed by prompt delivery of such Notice of Borrowing)
        not
        later than 11:00 a.m. Charlotte time in the case of a Base Rate Loan, Swingline
        Loan or LIBOR Rate Loan denominated in Dollars, 5:00 p.m. London time in
        the
        case of a LIBOR Rate Loan denominated in an Alternative Currency or 1:00
        p.m.
        Charlotte time in the case of a Japanese Yen Loan, as applicable (i) on the
        same
        Business Day as each Base Rate Loan and each Swingline Loan, (ii) on or prior
        to
        the second Business Day before each Japanese Base Rate Loan, (iii) on or
        prior
        to the third (3rd) Business
        Day
        before each LIBOR Rate Loan denominated in Dollars and (iv) on or prior to
        the
        fourth (4th)
        Business Day before each LIBOR Rate Loan denominated in an Alternative Currency,
        of its intention to borrow, specifying (A) the date of such borrowing, which
        shall be a Business Day, (B) whether such Loan is to be a Revolving Credit
        Loan,
        a Swingline Loan or a Japanese Yen Loan, (C) the applicable Permitted Currency,
        (D) if such Loan is denominated in Dollars, whether such Loan shall be a
        LIBOR
        Rate Loan or a Base Rate Loan, (E) the amount of such borrowing, which shall
        be
        in an amount equal to the amount of the Aggregate Commitment, the Swingline
        Commitment or the Yen Loan Commitment, as applicable, then available to the
        Borrower, or if less, (1) with respect to Base Rate Loans in an aggregate
        principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess
        thereof, (2) with respect to LIBOR Rate Loans denominated in Dollars in an
        aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000
        in
        excess thereof, (3) with respect to LIBOR Rate Loans denominated in a Permitted
        Currency (other than Dollars) in an aggregate principal Alternative Currency
        Amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof,
        (4)
        with respect to Japanese Yen Loans in an aggregate principal Japanese Yen
        Amount
        of $500,000 or a whole multiple of $100,000 in excess thereof and (5) with
        respect to Swingline Loans in an aggregate principal amount of $500,000 or
        a
        whole multiple of $100,000 in excess thereof and (F) in the case of a LIBOR
        Rate
        Loan, the duration of the Interest Period applicable thereto.  A
        Notice of Borrowing received after the time set forth above shall be deemed
        received on the next Business Day.  The Administrative Agent shall
        promptly notify the applicable Lenders of each Notice of Borrowing, including,
        in the instance of a Japanese Yen Loan, instructions for the advancement
        of such
        loans.

       

      (b)           Disbursement
        of Revolving Credit Loans Denominated in Dollars and Swingline
        Loans.  Not later than 1:00 p.m. (Charlotte time) on the proposed
        borrowing date for any Revolving Credit Loan denominated in Dollars and any
        Swingline Loan, (i) each Revolving Credit Lender will make available to the
        Administrative Agent, for the account of the Borrower, at the Administrative
        Agent’s Office in funds in Dollars immediately available to the Administrative
        Agent, such Revolving Credit Lender’s Commitment Percentage of the Revolving
        Credit Loans to be made on such borrowing date and (ii) the Swingline Lender
        will make available to the Administrative Agent, for the account of the
        Borrower, at the Administrative Agent’s Office in funds in Dollars immediately
        available to the Administrative Agent, the Swingline Loans to be made on
        such
        borrowing date.

       

      
        
          
          

        

        
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      (c)           Disbursement
        of Revolving Credit Loans Denominated in an Alternative
        Currency.  Not later than 1:00 p.m. (the time of the
        Administrative Agent’s Correspondent) on or before the proposed borrowing date
        for any Revolving Credit Loan denominated in an Alternative Currency, each
        Revolving Credit Lender will make available to the Administrative Agent,
        for the
        account of the Borrower, at the office of the Administrative Agent’s
        Correspondent in the requested Alternative Currency in funds immediately
        available to the Administrative Agent, such Revolving Credit Lender’s Commitment
        Percentage of the Alternative Currency Amount of the Revolving Credit Loan
        to be
        made on such borrowing date.

       

      (d)           Disbursement
        of Japanese Yen Loans.  Not later than 1:00 p.m. (Tokyo time) on
        the proposed borrowing date for any Japanese Yen Loan, the Japanese Yen Lender
        will make funds immediately available to the Borrower, on the direction of
        the
        Administrative Agent.  Each such Japanese Yen Loan will be made on the
        borrowing date at a rate determined by the Japanese Yen Lender in accordance
        with the definition of the Japanese Base Rate.  The instructions
        regarding the Japanese Yen Loans may be modified from time to time with the
        agreement of the Administrative Agent, the Borrower and the Japanese Yen
        Lender,
        with notice thereof to the Lenders.

       

      (e)           Account
        Designation.  The Borrower hereby irrevocably authorizes the
        Administrative Agent to disburse the proceeds of each borrowing requested
        pursuant to this Section in immediately available funds by crediting or wiring
        such proceeds to the deposit account of the Borrower identified in the most
        recent notice substantially in the form of Exhibit C
        (a “Notice of Account Designation”) delivered by the Borrower to the
        Administrative Agent or as may be otherwise agreed upon by the Borrower and
        the
        Administrative Agent from time to time.  Subject to Section 4.7
        hereof, the Administrative Agent shall not be obligated to disburse the portion
        of the proceeds of any Revolving Credit Loan requested pursuant to this Section
        to the extent that any Revolving Credit Lender has not made available to
        the
        Administrative Agent its Commitment Percentage of such Revolving Credit
        Loan.  Revolving Credit Loans to be made for the purpose
        of  (A) refunding Japanese Yen Loans shall be made by the Revolving
        Credit Lenders as provided in Section 2.2(b) and (B) refunding Swingline
        Loans shall be made by the Revolving Credit Lenders as provided in Section
        2.3(b).

       

      
        	
                 

              	
                SECTION
                  2.5

              	
                Repayment
                  and Prepayment of Revolving Credit, Japanese Yen and Swingline
                  Loans.

              

      

       

      (a)           Repayment
        on Maturity Date.  The Borrower hereby agrees to repay the
        outstanding principal amount of (i) all Revolving Credit Loans in full in
        the
        currency in which each Revolving Credit Loan was initially funded on the
        Maturity Date, (ii) all Japanese Yen Loans in Japanese Yen in accordance
        with
Section 2.2(b) (but, in any event, on the Maturity Date) and (iii) all
        Swingline Loans in Dollars in accordance with Section 2.3(b) (but, in any
        event, on the Maturity Date), together, in each case, with all accrued but
        unpaid interest thereon.

       

      
        
          
          

        

        
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      (b)           Mandatory
        Prepayments.

       

      (i)           Aggregate
        Commitment.  If at any time after giving effect to any repayment
        of any Loan or cash collateralization of any undrawn or unexpired Letter
        of
        Credit (as determined by the Administrative Agent under Section
        2.5(b)(iv)), (A) solely because of currency fluctuation,  the
        outstanding principal amount of all Revolving Credit Loans exceeds one hundred
        and five percent (105%) of the Aggregate Commitment less the sum of all
        outstanding Japanese Yen Loans, Swingline Loans and L/C Obligations or (B)
        for
        any other reason, the outstanding principal amount of all Revolving Credit
        Loans
        exceeds the Aggregate Commitment less the sum of all outstanding Japanese
        Yen Loans, Swingline Loans and L/C Obligations, then, in each such case,
        the
        Borrower shall within four (4) Business Days of receipt of a notice of such
        excess from the Administrative Agent (I) first, if (and to the extent) necessary
        to eliminate such excess, repay outstanding Swingline Loans (and/or reduce
        any
        pending request for such Loans on such day by the Dollar Amount of such excess),
        (II) second, if (and to the extent) necessary to eliminate such excess,
        repay outstanding Revolving Credit Loans which are Base Rate Loans by the
        Dollar
        Amount of such excess (and/or reduce any pending request for such Loans on
        such
        day by the Dollar Amount of such excess), (III) third, if (and to the
        extent) necessary to eliminate such excess, repay Japanese Yen Loans (and/or
        reduce any pending requests for such Loans on such day by the Dollar Amount
        of
        such excess), (IV) fourth, if (and to the extent) necessary to eliminate
        such excess, repay LIBOR Rate Loans (and/or reduce any pending requests for
        a
        borrowing or continuation or conversion of such Loans submitted in respect
        of
        such Loans on such day be the Dollar Amount of such excess), and (V)
fifth, with respect to any Letters of Credit then outstanding, make a
        payment of cash collateral into a cash collateral account opened by the
        Administrative Agent for the benefit of the Lenders in an amount equal to
        the
        aggregate then undrawn and unexpired amount of such Letters of Credit (such
        cash
        collateral to be applied in accordance with Section 11.2(b));
provided that so long as no Default or Event of Default has occurred
        and
        is continuing, the Lenders shall release any such cash collateral held to
        the
        extent it exceeds 105% of any excess from time to time under this Section
        2.5(b).

      

      (ii)           Japanese
        Yen Commitment.  If at any time after giving effect to any
        repayment of any Loan or cash collateralization of any undrawn or unexpired
        Letter of Credit (as determined by the Administrative Agent under Section
        2.5(b)(iv)), (A) solely because of currency fluctuation, the outstanding
        principal amount of all Japanese Yen Loans exceeds the lesser of (1) one
        hundred
        and five percent (105%) of the Aggregate Commitment less the sum of all
        outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations and
        (2)
        one hundred and five percent (105%) of the Japanese Yen Commitment or (B)
        for
        any other reason, the outstanding principal amount of all Japanese Yen Loans
        exceeds the lesser of (1) the Aggregate Commitment less the sum of all
        outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations and
        (2)
        the Japanese Yen Commitment, then, in each such case, such
        excess  shall be repaid within four (4) Business Days of receipt of a
        notice of non-compliance with this Section 2.5(b)(ii) from the
        Administrative Agent, in Japanese Yen, by the Borrower to the Administrative
        Agent for the account of the Japanese Yen Lender.

       

      
        
          
          

        

        
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      (iii)           Excess
        L/C Obligations.  If at any time after giving effect to any
        repayment of any Loan (as determined by the Administrative Agent under
Section 2.5(b)(iv)), (A) solely because of currency fluctuation, the
        outstanding amount of all L/C Obligations exceeds the lesser of (1) one hundred
        and five percent (105%) of the Aggregate Commitment less the sum of all
        outstanding Loans, and (2) one hundred and five percent (105%) of the L/C
        Commitment or (B) for any other reason the outstanding amount of all L/C
        Obligations exceeds the lesser of (1) the Aggregate Commitment less the
        sum of the amount of all outstanding Loans and (2) the L/C Commitment, then,
        in
        each such case, the Borrower shall within four (4) Business Days of receipt
        of a
        notice of such excess from the Administrative Agent make a payment of cash
        collateral into a cash collateral account opened by the Administrative Agent
        for
        the benefit of the Revolving Credit Lenders in an amount equal to the aggregate
        then undrawn and unexpired amount of such Letters of Credit (such cash
        collateral to be applied in accordance with Section
        11.2(b)).

       

      (iv)           Compliance
        and Payments.  The Borrower’s compliance with this Section
        2.5(b) shall be tested from time to time by the Administrative Agent at its
        sole discretion.  Each such repayment pursuant to this Section
        2.5(b) shall be accompanied by any amount required to be paid pursuant to
Section 4.11 hereof.

       

      (c)           Optional
        Prepayments.  The Borrower may at any time and from time to time
        prepay Revolving Credit Loans, Japanese Yen Loans and Swingline Loans, in
        whole
        or in part, with irrevocable prior written notice to the Administrative Agent
        substantially in the form of Exhibit D (a
“Notice of Prepayment”) or telephonic notice (followed by prompt
        delivery
        of such Notice of Prepayment) given not later than 11:00 a.m. Charlotte time
        in
        the case of Base Rate Loans, Swingline Loans and LIBOR Rate Loans denominated
        in
        Dollars or 5:00 p.m. London time in the case of LIBOR Rate Loans denominated
        in
        an Alternative Currency or 11:00 a.m. Tokyo time, in the case of Japanese
        Yen
        Loans, as applicable, (i) on the same Business Day as each repayment of a
        Base Rate Loan and each repayment of a Swingline Loan, (ii) on the Business
        Day
        prior to each repayment of a Japanese Yen Loan, (iii) on the third (3rd) Business
        Day
        before each repayment of a LIBOR Rate Loan denominated in Dollars and (iv)
        on  the fourth (4th) Business
        Day
        before each repayment of a LIBOR Rate Loan denominated in an Alternative
        Currency, specifying (A) the date of prepayment, (B) the amount of prepayment,
        (C) whether the prepayment is of Revolving Credit Loans, Swingline Loans,
        Japanese Yen Loans, or a combination thereof, and, if of a combination thereof,
        the amount allocable to each, (D) the applicable Permitted Currency in which
        such prepayment is denominated, and (E) whether the prepayment is of LIBOR
        Rate
        Loans denominated in an Alternative Currency, LIBOR Rate Loans denominated
        in
        Dollars, Base Rate Loans, Japanese Base Rate Loans or a combination thereof,
        and, if of a combination thereof, the amount allocable to each.  Upon
        receipt of such notice, the Administrative Agent shall promptly notify each
        applicable Lender.  If any such notice is given, the amount specified
        in such notice shall be due and payable on the date set forth in such
        notice.  Partial prepayments shall be in an aggregate amount of
        $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect
        to
        Base Rate Loans (other than Swingline Loans), $5,000,000 or a whole multiple
        of
        $1,000,000 in excess thereof with respect to LIBOR Rate Loans denominated
        in
        Dollars, $5,000,000 or a whole multiple of $1,000,000 in excess thereof with
        respect to LIBOR Rate Loans denominated in an Alternative Currency, $100,000
        or
        a whole multiple of $100,000 in excess thereof with respect to Japanese Yen
        Loans, and $100,000 or a whole multiple of $100,000 in excess thereof with
        respect to Swingline Loans.  A Notice of Prepayment received after the
        applicable time stated above shall be deemed received on the next Business
        Day.  Each such prepayment shall be accompanied by any amount required
        to be paid pursuant to Section 4.11 hereof.

       

      
        
          
          

        

        
          30

          
            

          

        

        
          
          

        

      

       

      (d)           Limitation
        on Prepayment of LIBOR Rate Loans.  The Borrower may not prepay
        any LIBOR Rate Loan on any day other than on the last day of the Interest
        Period
        applicable thereto unless such prepayment is accompanied by any amount required
        to be paid pursuant to Section 4.11 hereof.

       

      (e)           Hedging
        Agreements.  No repayment or prepayment pursuant to this
Section 2.5 shall affect any of the Borrower’s obligations under any
        Hedging Agreement.

       

      SECTION
        2.6       Permanent Reduction of the
        Commitment.

       

      (a)           Voluntary
        Reduction.  The Borrower shall have the right at any time and from
        time to time, upon at least three (3) Business Days prior written notice
        to the
        Administrative Agent, to, without premium or penalty, permanently (i) terminate
        the entire Aggregate Commitment at any time or (ii) reduce portions of the
        Aggregate Commitment, from time to time, in an aggregate principal amount
        not
        less than $5,000,000 or any whole multiple of $1,000,000 in excess
        thereof.  Any reduction of the Aggregate Commitment shall be applied
        to the Commitment of each Lender according to its Commitment
        Percentage.  All commitment fees accrued until the effective date of
        any termination of the Aggregate Commitment shall be paid on the effective
        date
        of such termination.

       

      (b)           Corresponding
        Payment.  Each permanent reduction permitted pursuant to this
        Section shall be accompanied by a payment of principal sufficient to reduce
        the
        aggregate Dollar Amount of all outstanding Revolving Credit Loans, Japanese
        Yen
        Loans, Swingline Loans and L/C Obligations, as applicable, after such reduction
        to the Aggregate Commitment as so reduced and the Commitment as so reduced
        are
        less than the aggregate amount of all outstanding, undrawn and unexpired
        Letters
        of Credit, the Borrower shall be required to deposit cash collateral in a
        cash
        collateral account opened by the Administrative Agent in an amount equal
        to the
        aggregate then undrawn and unexpired amount of such Letters of
        Credit.  Such cash collateral shall be applied in accordance with
Section 11.2(b).  Any reduction of the Aggregate Commitment to
        zero shall be accompanied by payment of all outstanding Revolving Credit
        Loans,
        Japanese Yen Loans, Swingline Loans and Reimbursement Obligations (and
        furnishing of cash collateral satisfactory to the Administrative Agent for
        all
        L/C Obligations) and shall result in the termination of the Aggregate
        Commitment, the Japanese Yen Commitment, the Swingline Commitment, and the
        Credit Facility.  Such cash collateral shall be applied in accordance
        with Section 11.2(b).  If the reduction of the Aggregate
        Commitment requires the repayment of any LIBOR Rate Loan, such repayment
        shall
        be accompanied by any amount required to be paid pursuant to Section
        4.11(c) hereof.

       

      SECTION
        2.7      Optional Increase of the Aggregate
        Commitment.  At any time following the Closing Date, the Borrower
        shall have the right, in consultation with the Administrative Agent, from
        time
        to time and upon not less than thirty (30) days prior written notice to the
        Administrative Agent, to request an increase in the Aggregate Commitment;
        provided, that:

       

      
        
          
          

        

        
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      (a)           no
        Default or Event of Default shall have occurred and be continuing or would
        result from any such requested increase or Extension of Credit made on the
        date
        of such increase;

       

      (b)           the
        Borrower shall provide the Administrative Agent with an Officer’s Compliance
        Certificate dated as of the date of such increase in form and substance
        substantially similar to the certificate delivered under Section 7.2
        demonstrating pro forma compliance (solely, for purposes of the numerator
        of the Consolidated Leverage Ratio, after giving effect to any increase or
        decrease in outstanding Consolidated Total Funded Indebtedness) with the
        covenant contained in Article IX in respect of the most recently ended
        fiscal quarter for which financial statements have been delivered pursuant
        to
Section 7.1 and after giving effect to any Extensions of Credit made on
        the date of such increase;

       

      (c)           each
        increase in Aggregate Commitment shall be in an aggregate principal amount
        of at
        least $50,000,000 or an integral of $5,000,000 in excess thereof, or in each
        case if less, the remaining principal amount of increases to the Aggregate
        Commitment that are available under this Section 2.7 (after giving effect
        to all prior increases pursuant to this Section 2.7);

       

      (d)           the
        aggregate amount of all Aggregate Commitment increases made pursuant to this
        Section 2.7 shall not exceed $500,000,000;

       

      (e)           increases
        in the Aggregate Commitment pursuant to this Section 2.7 shall not
        increase or otherwise affect the Japanese Yen Commitment, L/C Commitment
        or the
        Swingline Commitment;

       

      (f)           the
        Commitment of any Lender shall not be increased without the approval of such
        Lender as determined in the sole and absolute discretion of such
        Lender;

       

      (g)           in
        connection with each proposed increase, the Borrower may but is not required
        to
        solicit commitments from (i) any Lender (provided that no Lender shall
        have an obligation to commit to all or a portion of the proposed increase)
        or
        (ii) any third party financial institutions that are Eligible Assignees that
        are
        reasonably acceptable to both the Administrative Agent and the
        Borrower;

       

      (h)           the
        Loans made or Letters of Credit issued in respect of any increase in the
        Aggregate Commitment pursuant to this Section 2.7 (i) will rank pari
        passu in right of payment and security with the other Loans made and Letters
        of Credit issued hereunder and shall constitute and be part of the “Obligations”
arising under this Agreement, and (ii) shall have the same pricing and tenor
        as
        the other Loans and Letters of Credit hereunder; and

       

      (i)           in
        the event that any existing Lender or any new lender commits to such requested
        increase, (i) any new lender will execute an accession agreement to this
        Agreement, (ii) the Commitment of any existing Lender which has committed
        to
        provide any of the requested increase shall be increased, (iii) the Commitment
        Percentages of the Lenders shall be adjusted, (and the Lenders agree to make
        all
        payments and adjustments necessary to effect such reallocation and the Borrower
        shall pay any and all costs required pursuant to Section 4.11 in
        connection with such reallocation as if such reallocation were a repayment)
        and
        (iv) other changes shall be made to the Loan Documents as may be necessary
        to
        reflect the aggregate amount, if any, by which the Lenders have agreed to
        increase their respective Commitments or new lenders have agreed to or make
        new
        commitments in response to the Borrower’s request for an increase pursuant to
        this Section 2.7, and which other changes do not adversely affect the
        rights of those  Lenders not participating in any such
        increase.

       

      
        
          
          

        

        
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      SECTION
        2.8       Termination of Credit
        Facility.  The Credit Facility shall terminate on the Maturity
        Date.

       

      ARTICLE
        III

       

      LETTER
        OF CREDIT FACILITY

       

      SECTION
        3.1       L/C
        Commitment.  Subject to the terms and conditions hereof, the
        Issuing Lender, in reliance on the agreements of the L/C Participants set
        forth
        in Section 3.4(a), agrees to issue standby letters of credit (“Letters
        of Credit”) for the account of the Borrower on any Business Day from and
        after the Closing Date in such form as may be approved from time to time
        by the
        Issuing Lender; provided, that the Issuing Lender shall have no
        obligation to issue any Letter of Credit if, after giving effect to such
        issuance, (a) the L/C Obligations would exceed the L/C Commitment or (b)
        the
        aggregate principal amount of outstanding Revolving Credit Loans, plus
        the aggregate principal amount of outstanding Japanese Yen Loans plus the
        aggregate principal amount of outstanding Swingline Loans, plus the
        aggregate amount of L/C Obligations would exceed an amount equal to the
        Aggregate Commitment.  Each Letter of Credit shall (i) be denominated
        in a Permitted Currency in a minimum amount acceptable to the Issuing Lender,
        (ii) be a standby letter of credit issued to support obligations of the Borrower
        or any of its Subsidiaries, contingent or otherwise, incurred in the ordinary
        course of business, (iii) expire on a date agreed upon by the Borrower and
        the
        Issuing Lender, which date shall be no later than the fifth (5th) Business
        Day prior
        to the Maturity Date and (iv) be subject to ISP98, as set forth in the Letter
        of
        Credit Application or as determined by the Issuing Lender and, to the extent
        not
        inconsistent therewith, the laws of the State of New York.  The
        Issuing Lender shall not at any time be obligated to issue any Letter of
        Credit
        hereunder if such issuance would conflict with, or cause the Issuing Lender
        or
        any L/C Participant to exceed any limits imposed by, any Applicable
        Law.  References herein to “issue” and derivations thereof with
        respect to Letters of Credit shall also include extensions or modifications
        of
        any outstanding Letters of Credit, unless the context otherwise
        requires.

       

          SECTION
        3.2   Procedure
        for Issuance of Letters of Credit.  The Borrower may from time to
        time request that the Issuing Lender issue a Letter of Credit by delivering
        to
        the Issuing Lender at the Administrative Agent’s Office a Letter of Credit
        Application therefor, completed to the satisfaction of the Issuing Lender,
        and
        such other certificates, documents and other papers and information as the
        Issuing Lender may reasonably request (which such information shall include
        the
        Permitted Currency in which such Letter of Credit shall be
        denominated).  Upon receipt of any Letter of Credit Application, the
        Issuing Lender shall process such Letter of Credit Application and the
        certificates, documents and other papers and information delivered to it
        in
        connection therewith in accordance with its customary procedures and shall,
        subject to Section 3.1 and Article V, promptly issue the Letter of
        Credit requested thereby (but in no event shall the Issuing Lender be required
        to issue any Letter of Credit earlier than three (3) Business Days after
        its
        receipt of the Letter of Credit Application therefor and all such
        other

       

      
        
          
          

        

        
          33

          
            

          

        

        
          
          

        

      

       

      certificates,
        documents and other papers and information relating thereto) by issuing the
        original of such Letter of Credit to the beneficiary thereof or as otherwise
        may
        be agreed by the Issuing Lender and the Borrower.  The Issuing Lender
        shall promptly furnish to the Borrower a copy of such Letter of Credit and
        promptly notify each L/C Participant of the issuance and upon request by
        any L/C
        Participant, furnish to such L/C Participant a copy of such Letter of Credit
        and
        the amount of such L/C Participant’s participation therein.

       

      SECTION
        3.3       Commissions and Other
        Charges.

       

      (a)           Letter
        of Credit Commissions.  The Borrower shall pay to the
        Administrative Agent, for the account of the Issuing Lender and the L/C
        Participants, a letter of credit commission with respect to the undrawn Dollar
        Amount of each Letter of Credit at a rate per annum equal to the Applicable
        Percentage with respect to Loans that are LIBOR Rate Loans (determined on
        a per
        annum basis).  For the purposes of computing the amount to be drawn
        under any Letter of Credit, the amount of such Letter of Credit shall be
        determined in accordance with Section 1.7.  Such commission
        shall be payable quarterly in arrears on the last Business Day of each calendar
        quarter, on the Maturity Date and thereafter on demand of the Administrative
        Agent.  The Administrative Agent shall, promptly following its receipt
        thereof, distribute to the Issuing Lender and the L/C Participants all
        commissions received pursuant to this Section in accordance with their
        respective Commitment Percentages.

       

      (b)           Issuance
        Fee.  In addition to the foregoing commission, the Borrower shall
        pay to the Administrative Agent, for the account of the Issuing Lender, an
        issuance fee with respect to the Dollar Amount equal to the undrawn face
        amount
        of each Letter of Credit at a rate of one-eighth of one percent (.125%) per
        annum.  Such issuance fee shall be payable quarterly in arrears on the
        last Business Day of each calendar quarter commencing with the first such
        date
        to occur after the issuance of such Letter of Credit, on the Maturity Date
        and
        thereafter on demand of the Administrative Agent.

       

      (c)           Other
        Costs.  In addition to the foregoing fees and commissions, the
        Borrower shall pay or reimburse the Issuing Lender for such normal and customary
        costs and expenses as are reasonably incurred or charged by the Issuing Lender
        in issuing, effecting payment under, amending or otherwise administering
        any
        Letter of Credit.

       

      (d)           Payments.  The
        commissions, fees, charges, costs and expenses payable pursuant to this
Section 3.3 shall be payable in Dollars.

       

      
        
          
          

        

        
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      SECTION
        3.4       L/C
        Participations.

       

      (a)           The
        Issuing Lender irrevocably agrees to grant and hereby grants to each L/C
        Participant, and, to induce the Issuing Lender to issue Letters of Credit
        hereunder, each L/C Participant irrevocably agrees to accept and purchase
        and
        hereby accepts and purchases from the Issuing Lender, on the terms and
        conditions hereinafter stated, for such L/C Participant’s own account and risk
        an undivided interest equal to such L/C Participant’s Commitment Percentage in
        the Issuing Lender’s obligations and rights under and in respect of each Letter
        of Credit issued hereunder and the amount of each draft paid by the Issuing
        Lender thereunder.  Each L/C Participant unconditionally and
        irrevocably agrees with the Issuing Lender that, if a draft is paid under
        any
        Letter of Credit for which the Issuing Lender is not reimbursed in full by
        the
        Borrower through a Revolving Credit Loan or otherwise in accordance with
        the
        terms of this Agreement, such L/C Participant shall pay to the Issuing Lender
        in
        the applicable Permitted Currency upon demand at the Issuing Lender’s address
        for notices specified herein an amount equal to such L/C Participant’s
        Commitment Percentage of the amount of such draft, or any part thereof, which
        is
        not so reimbursed.

       

      (b)           Upon
        becoming aware of any amount required to be paid by any L/C Participant to
        the
        Issuing Lender pursuant to Section 3.4(a) in respect of any
        unreimbursed portion of any payment made by the Issuing Lender under any
        Letter
        of Credit, the Issuing Lender shall notify each L/C Participant of the amount
        and due date of such required payment and such L/C Participant shall pay
        to the
        Issuing Lender in the applicable Permitted Currency the amount specified
        on the
        applicable due date.  If any such amount is paid to the Issuing Lender
        after the date such payment is due, such L/C Participant shall pay to the
        Issuing Lender  in the applicable Permitted Currency on demand, in
        addition to such amount, the product of (i) such amount, times (ii) the
        daily average Federal Funds Rate as determined by the Administrative Agent
        during the period from and including the date such payment is due to the
        date on
        which such payment is immediately available to the Issuing Lender, times
        (iii) a fraction the numerator of which is the number of days that elapse
        during
        such period and the denominator of which is 360.  A certificate of the
        Issuing Lender with respect to any amounts owing under this Section shall
        be
        conclusive in the absence of manifest error.  With respect to payment
        to the Issuing Lender of the unreimbursed amounts described in this Section,
        if
        the L/C Participants receive notice that any such payment is due (A) prior
        to
        1:00 p.m. on any Business Day, such payment shall be due that Business Day,
        and
        (B) after 1:00 p.m. on any Business Day, such payment shall be due on the
        following Business Day.

       

      (c)           Whenever,
        at any time after the Issuing Lender has made payment under any Letter of
        Credit
        and has received from any L/C Participant its Commitment Percentage of such
        payment in accordance with this Section, the Issuing Lender receives any
        payment
        related to such Letter of Credit (whether directly from the Borrower or
        otherwise), or any payment of interest on account thereof, the Issuing Lender
        will distribute to such L/C Participant its pro rata share thereof;
provided, that in the event that any such payment received by the
        Issuing
        Lender shall be required to be returned by the Issuing Lender, such L/C
        Participant shall return to the Issuing Lender the portion thereof previously
        distributed by the Issuing Lender to it.

       

      SECTION
        3.5       Reimbursement Obligation of the
        Borrower.  In the event of any drawing under any Letter of Credit,
        the Borrower agrees to reimburse (either with the proceeds of a Revolving
        Credit
        Loan as provided for in this Section or with funds from other sources), in
        same
        day funds in the applicable Permitted 

       

       

      
        
          
          

        

        
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        Currency
          in which the Letter of Credit was denominated, the Issuing Lender on each
          date
          on which the Issuing Lender notifies the Borrower of the date and amount
          of a
          draft paid under any Letter of Credit for the amount of the sum of (a)
          such
          draft so paid and (b) any amounts referred to in Section 3.3(c) incurred
          by the Issuing Lender in connection with such payment.  Unless the
          Borrower shall immediately notify the Issuing Lender (and in any event
          within
          one (1) Business Day of the date the Borrower received notice from the
          Issuing
          Lender) that the Borrower intends to reimburse the Issuing Lender for such
          drawing from other sources or funds, the Borrower shall be deemed to have
          timely
          given a Notice of Borrowing to the Administrative Agent requesting that
          the
          Lenders make a Revolving Credit Loan bearing interest at the Base Rate
          on such
          date in a Dollar Amount equal to the amount of (a) such draft so paid and
          (b)
          any amounts referred to in Section 3.3(c) incurred by the Issuing Lender
          in connection with such payment (including, without limitation, any and
          all
          costs, fees and other expenses incurred by the Issuing Lender in effecting
          the
          payment of any Letter of Credit denominated in an Alternative Currency),
          and the
          Revolving Credit Lenders shall make a Revolving Credit Loan bearing interest
          at
          the Base Rate in such amount, the proceeds of which shall be applied to
          reimburse the Issuing Lender for the amount of the related drawing and
          costs and
          expenses.  Each Revolving Credit Lender acknowledges and agrees that
          its obligation to fund a Revolving Credit Loan in accordance with this
          Section
          to reimburse the Issuing Lender for any draft paid under a Letter of Credit
          is
          absolute and unconditional and shall not be affected by any circumstance
          whatsoever, including, without limitation, non-satisfaction of the conditions
          set forth in Section 2.4(a) or Article V.  If the
          Borrower has elected to pay the amount of such drawing with funds from
          other
          sources and shall fail to reimburse the Issuing Lender as provided above,
          the
          unreimbursed amount of such drawing shall bear interest at the rate which
          would
          be payable on any outstanding Revolving Credit Loans which are Base Rate
          Loans
          which were then overdue from the date such amounts become payable (whether
          at
          stated maturity, by acceleration or otherwise) until payment in
          full.

      

       

      SECTION
        3.6      Exchange Indemnification and Increased
        Costs.  The Borrower shall, upon demand from any Issuing Lender or
        L/C Participant, pay to such Issuing Lender or such L/C Participant, the
        amount
        of (i) any loss, expense or cost incurred by such Issuing Lender or such
        L/C
        Participant and (ii) any currency exchange loss, in each case that such Issuing
        Lender or such L/C Participant sustains as a result of the Borrower’s repayment
        in any Permitted Currency other than the Permitted Currency in which the
        applicable Letter of Credit was initially denominated.  A certificate
        of such Issuing Lender or such L/C Participant setting forth in reasonable
        detail the basis for determining such additional amount or amounts necessary
        to
        compensate such Issuing Lender or such L/C Participant shall be conclusively
        presumed to be correct save for manifest error.

       

      SECTION
        3.7      Obligations
        Absolute.  The Borrower’s obligations under this Article
        III (including, without limitation, the Reimbursement Obligation) shall
        be
        absolute and unconditional under any and all circumstances and irrespective
        of
        any set-off, counterclaim or defense to payment which the Borrower may have
        or
        have had against the Issuing Lender or any beneficiary of a Letter of Credit
        or
        any other Person.  The Borrower also agrees that the Issuing Lender
        and the L/C Participants shall not be responsible for, and the Borrower’s
        Reimbursement Obligation under Section 3.5 shall not be affected by,
        among other things, the validity or genuineness of documents or of any
        endorsements thereon, even though such documents shall in fact prove to be
        invalid, fraudulent or forged, or any dispute

       

       

      
        
          
          

        

        
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        between
          or among the Borrower and any beneficiary of any Letter of Credit or any
          other
          party to which such Letter of Credit may be transferred or any claims whatsoever
          of the Borrower against any beneficiary of such Letter of Credit or any
          such
          transferee.  The Issuing Lender shall not be liable for any error,
          omission, interruption or delay in transmission, dispatch or delivery of
          any
          message or advice, however transmitted, in connection with any Letter of
          Credit,
          except for errors or omissions caused by the Issuing Lender’s gross negligence
          or willful misconduct, as determined by a court of competent jurisdiction
          by
          final nonappealable judgment.  The Borrower agrees that any action
          taken or omitted by the Issuing Lender under or in connection with any
          Letter of
          Credit or the related drafts or documents, if done in the absence of gross
          negligence or willful misconduct shall be binding on the Borrower and shall
          not
          result in any liability of the Issuing Lender or any L/C Participant to
          the
          Borrower.  The responsibility of the Issuing Lender to the Borrower in
          connection with any draft presented for payment under any Letter of Credit
          shall, in addition to any payment obligation expressly provided for in
          such
          Letter of Credit, be limited to determining that the documents (including
          each
          draft) delivered under such Letter of Credit in connection with such presentment
          are in conformity with such Letter of Credit.

      

       

      SECTION
        3.8      Effect of Letter of Credit
Application.  To the extent that any provision of any
        Letter of Credit Application related to any Letter of Credit is inconsistent
        with the provisions of this Article III, the provisions of this
Article III shall apply.

       

      ARTICLE
        IV

       

      GENERAL
        LOAN PROVISIONS

       

      SECTION
        4.1      Interest.

       

      (a)           Interest
        Rate Options.  Subject to the provisions of this Section, at the
        election of the Borrower, (i) Revolving Credit Loans denominated in Dollars
        shall bear interest at (A) the Base Rate plus the Applicable Percentage
        or (B) the LIBOR Rate plus the Applicable Percentage, (ii) Revolving
        Credit Loans denominated in an Alternative Currency shall bear interest at
        the
        LIBOR Rate plus the Applicable Percentage, (iii) the Japanese Yen Loans
        shall bear interest at (A) the Japanese Base Rate plus the Applicable
        Percentage and (iv) any Swingline Loan shall bear interest at the LIBOR Market
        Index Rate plus the Applicable Percentage (provided that the LIBOR
        Rate shall not be available until three (3) Business Days after the Closing
        Date
        unless the Borrower has delivered to the Administrative Agent a letter in
        form
        and substance satisfactory to the Administrative Agent indemnifying the Lenders
        against any loss or expense which may arise or be attributable to such Lender’s
        obtaining, liquidating or employing deposits or other funds acquired to effect,
        fund or maintain any Loan due to any failure of the Borrower to borrow on
        the
        date specified therefore in the initial Notice of Borrowing).  The
        Borrower shall select the rate of interest and Interest Period, if any,
        applicable to any Revolving Credit Loan at the time a Notice of Borrowing
        is
        given or at the time a Notice of Conversion/Continuation is given pursuant
        to
Section 4.2.  Any Revolving Credit Loan denominated in Dollars
        or any portion thereof as to which the Borrower has not duly specified an
        interest rate as provided herein shall be deemed a Base Rate Loan and any
        Revolving Credit Loan or any portion thereof as to which the Borrower has
        not
        duly specified the applicable Permitted Currency (x) in its Notice of Borrowing
        as provided herein shall be deemed a request for a Revolving Credit Loan
        denominated in Dollars and (y) in its Notice of 

       

       

      
        
          
          

        

        
          37

          
            

          

        

        
          
          

        

         

        Conversion/Continuation  as
          provided herein shall be deemed to be a request for a Revolving Credit
          Loan
          denominated in the same Permitted Currency as the Revolving Credit Loan
          to be
          converted or continued.

      

       

      (b)           Interest
        Periods.  In connection with each LIBOR Rate Loan, the Borrower,
        by giving notice at the times described in Section 2.4 or 4.2, as
        applicable, shall elect an interest period (each, an “Interest Period”)
        to be applicable to such Loan, which Interest Period shall be a period of
        one
        (1), two (2), three (3) or six (6) months, or, if agreed to by all Lenders,
        a
        period of less than thirty (30) days, or a period of nine (9) or twelve (12)
        months; provided that:

       

      (i)           the
        Interest Period shall commence on the date of advance of or conversion to
        any
        LIBOR Rate Loan and, in the case of immediately successive Interest Periods,
        each successive Interest Period shall commence on the date on which the
        immediately preceding Interest Period expires;

       

      (ii)           if
        any Interest Period would otherwise expire on a day that is not a Business
        Day,
        such Interest Period shall expire on the next succeeding Business Day;
provided, that if any Interest Period with respect to a LIBOR Rate Loan
        would otherwise expire on a day that is not a Business Day but is a day of
        the
        month after which no further Business Day occurs in such month, such Interest
        Period shall expire on the immediately preceding Business Day;

       

      (iii)           any
        Interest Period with respect to a LIBOR Rate Loan 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)
        shall end on the last Business Day of the relevant calendar month at the
        end of
        such Interest Period; and

       

      (iv)           there
        shall be no more than ten (10) Interest Periods in effect at any
        time.

       

      (c)           Default
        Rate.  Subject to Section 11.3, as directed by the Required
        Lenders, upon the occurrence and during the continuance of an Event of Default
        under Section 11.1(a) or (b), (i) the Borrower shall no longer
        have the option to request Letters of Credit, LIBOR Rate Loans, Japanese
        Yen
        Loans or Swingline Loans, (ii) the principal amount of all past due LIBOR
        Rate
        Loans shall bear interest at a rate per annum two percent (2%) in excess
        of the
        rate then applicable to LIBOR Rate Loans until the end of the applicable
        Interest Period and thereafter at a rate equal to two percent (2%) in excess
        of
        the rate then applicable to Base Rate Loans, and (iii) all past due Base
        Rate
        Loans and other Obligations arising hereunder or under any other Loan Document
        shall bear interest at a rate per annum equal to two percent (2%) in excess
        of
        the rate then applicable to Base Rate Loans or such other Obligations arising
        hereunder or under any other Loan Document.  Interest shall continue
        to accrue on the Obligations after the filing by or against the Borrower
        of any
        petition seeking any relief in bankruptcy or under any act or law pertaining
        to
        insolvency or debtor relief, whether state, federal, or foreign.

       

      (d)           Interest
        Payment and Computation.  Interest on each Base Rate Loan,
        Japanese Yen Loan and Swingline Loan shall be due and payable in arrears
        on the
        last Business Day of each calendar quarter commencing September 30, 2007;
        and
        interest on each LIBOR Rate Loan shall be due and payable on the last day
        of
        each Interest Period applicable thereto, and if such Interest Period extends
        over three (3) months, at the end of each three (3) month interval during
        such
        Interest Period.  Interest on LIBOR Rate Loans (except for Alternative
        Currency Loans denominated in Pounds Sterling), Base Rate Loans based on
        the
        Federal Funds Rate, Swingline Loans and all fees payable hereunder shall
        be
        computed on the basis of a 360-day year and assessed for the actual number
        of
        days elapsed and interest on Base Rate Loans based on the Prime Rate, Japanese
        Yen Loans and Alternative Currency Loans denominated in Pounds Sterling shall
        be
        computed on the basis of a 365/366-day year and assessed for the actual number
        of days elapsed.

       

       

      
        
          
          

        

        
          38

          
            

          

        

        
          
          

        

      

       

      (e)           Maximum
        Rate.  In no contingency or event whatsoever shall the aggregate
        of all amounts deemed interest under this Agreement charged or collected
        pursuant to the terms of this Agreement exceed the highest rate permissible
        under any Applicable Law which a court of competent jurisdiction shall, in
        a
        final determination, deem applicable hereto.  In the event that such a
        court determines that the Lenders have charged or received interest hereunder
        or
        under any other Loan Document in excess of the highest applicable rate, the
        rate
        in effect hereunder shall automatically be reduced to the maximum rate permitted
        by Applicable Law and the Lenders shall at the Administrative Agent’s option (i)
        promptly refund to the Borrower any interest received by the Lenders in excess
        of the maximum lawful rate or (ii) apply such excess to the principal balance
        of
        the Obligations on a pro rata basis.  It is the intent hereof
        that the Borrower not pay or contract to pay, and that neither the
        Administrative Agent nor any Lender receive or contract to receive, directly
        or
        indirectly in any manner whatsoever, interest in excess of that which may
        be
        paid by the Borrower under Applicable Law.

       

      (f)           Basis
        of Accrual.  Subject to Section 1.8 hereof, if the basis of
        accrual of interest or fees expressed in this Agreement with respect to the
        currency of any state that becomes a Participating Member State, in judgment
        of
        the Administrative Agent, shall not be available because interest rate quotes
        for the applicable national currency unit are no longer provided, or shall
        be
        inconsistent with any convention or practice in the London interbank market
        for
        the basis of accrual of interest or fees in respect of the euro, such convention
        or practice shall replace such expressed basis effective as of and from the
        date
        on which such state becomes a Participating Member State; provided that
        if any Revolving Credit Loan in the currency of such state is outstanding
        immediately prior to such date, such replacement shall take effect, with
        respect
        to such Revolving Credit Loan, at the end of the then current Interest
        Period.

       

      SECTION
        4.2      Notice and Manner of Conversion or
        Continuation of Revolving Credit Loans.  Provided that no Event of
        Default has occurred and is then continuing, the Borrower shall have the
        option
        to (a) convert at any time following the third Business Day after the Closing
        Date all or any portion of any outstanding Base Rate Loans in a principal
        amount
        equal to $5,000,000 or any whole multiple of $1,000,000 in excess thereof
        into
        one or more LIBOR Rate Loans denominated in Dollars and (b) upon the expiration
        of any Interest Period, (i) convert all or any part of its outstanding LIBOR
        Rate Loans denominated in Dollars in a principal amount equal to $5,000,000
        or a
        whole multiple of $1,000,000 in excess thereof into Base Rate Loans or (ii)
        continue any LIBOR Rate Loans as LIBOR Rate Loans of the same
        currency.  Whenever the Borrower desires to convert or continue
        Revolving Credit Loans as provided above, the Borrower shall give the
        Administrative Agent irrevocable prior written notice in the form attached
        as
Exhibit E (a “Notice of
        Conversion/Continuation”) or telephonic notice (followed by prompt delivery
        of such Notice of Conversion/Continuation) not later than 11:00 a.m. (time
        of
        Administrative Agent’s Correspondent) four (4) 

       

       

      
        
          
          

        

        
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        Business
          Days (with respect to any Loan denominated in an Alternative Currency)
          and 11:00
          a.m. (Charlotte time) three (3) Business Days (with respect to any Loan
          denominated in Dollars) before the day on which a proposed conversion or
          continuation of such Loan is to be effective specifying (A) the Revolving
          Credit
          Loans to be converted or continued, and, in the case of any LIBOR Rate
          Loan to
          be converted or continued, the last day of the Interest Period therefor,
          (B) the
          currency in which such Revolving Credit Loan is denominated, (C) the effective
          date of such conversion or continuation (which shall be a Business Day),
          (D) the
          principal amount of such Revolving Credit Loans to be converted or continued,
          and (E) the Interest Period to be applicable to such converted or continued
          LIBOR Rate Loan.  The Administrative Agent shall promptly notify the
          Revolving Credit Lenders of such Notice of
          Conversion/Continuation.

      

       

      SECTION
        4.3      Fees.

       

      (a)           Commitment
        Fee.  Commencing on the Closing Date, the Borrower shall pay to
        the Administrative Agent, for the account of the Revolving Credit Lenders,
        a
        non-refundable commitment fee at a rate per annum equal to the Applicable
        Percentage on the average daily unused portion of the Commitments;
provided, that the amount of outstanding Swingline Loans and Japanese Yen
        Loans shall not be considered usage of the Commitments for the purpose of
        calculating such commitment fee.  The commitment fee shall be payable
        in arrears on the last Business Day of each calendar quarter during the term
        of
        this Agreement commencing September 30, 2007 and on the Maturity
        Date.  Such commitment fee shall be distributed by the Administrative
        Agent to the Revolving Credit Lenders pro rata in accordance with the
        Revolving Credit Lenders’ respective Commitment Percentages.

       

      (b)           Utilization
        Fee.  Commencing on the Closing Date, the Borrower shall pay to
        the Administrative Agent, for the account of the Revolving Credit Lenders,
        a
        non-refundable utilization fee at a rate per annum equal to the Applicable
        Percentage on the total amount outstanding under the Credit Facility (including,
        without limitation, the amount of all outstanding Swingline Loans, Japanese
        Yen
        Loans and L/C Obligations) on each day that the total amount outstanding
        under
        the Credit Facility exceeds fifty percent (50%) of the Aggregate Commitment
        (whether or not available due to a Default or Event of Default).  The
        utilization fee shall be payable in arrears on the last Business Day of each
        calendar quarter during the term of this Agreement commencing September 30,
        2007
        and on the Maturity Date.  Such utilization fee shall be distributed
        by the Administrative Agent to the Revolving Credit Lenders pro rata in
        accordance with the Revolving Credit Lenders’ respective Commitment
        Percentages.

       

      (c)           Administrative
        Agent’s and Other Fees.  The Borrower agrees to pay any fees set
        forth in the Fee Letter.

       

      SECTION
        4.4       Manner of
        Payment.

       

       
          (a)           Revolving
        Credit Loans and Swingline Loans Denominated in Dollars.  Each
        payment by the Borrower on account of the principal of or interest on the
        Loans
        denominated in Dollars or of any fee, commission or other amounts payable
        to the
        applicable Lenders under this Agreement shall be made in Dollars not later
        than
        1:00 p.m. (Charlotte time) on the date specified for payment under this
        Agreement to the Administrative Agent at the Administrative Agent’s Office for

       

       

      
        
          
          

        

        
          40

          
            

          

        

        
          
          

        

      

       

      the
        account of the applicable Lenders (other than as set forth below) pro
        rata in accordance with their respective Commitment Percentages (except as
        specified below), in Dollars, in immediately available funds and shall be
        made
        without any setoff, counterclaim or deduction whatsoever.  Any payment
        received after such time but before 2:00 p.m. (Charlotte time) on such day
        shall
        be deemed a payment on such date for the purposes of Section 11.1, but
        for all other purposes shall be deemed to have been made on the next succeeding
        Business Day.  Any payment received after 2:00 p.m. (Charlotte time)
        shall be deemed to have been made on the next succeeding Business Day for
        all
        purposes.

       

       

      (b)           Revolving
        Credit Loans Denominated in Alternative Currencies.  Each payment
        by the Borrower on account of the principal of or interest on the Revolving
        Credit Loans denominated in any Alternative Currency shall be made in such
        Alternative Currency not later than 1:00 p.m. (the time of the Administrative
        Agent’s Correspondent) on the date specified for payment under this Agreement to
        the Administrative Agent’s account with the Administrative Agent’s Correspondent
        for the account of the Revolving Credit Lenders (other than as set forth
        below)
pro rata in accordance with their respective Commitment Percentages
        (except as set forth below) in immediately available funds, and shall be
        made
        without any set-off, counterclaim or deduction whatsoever.  Any
        payment received after such time but before 2:00 p.m. (the time of the
        Administrative Agent’s Correspondent) on such day shall be deemed a payment on
        such date for the purposes of Section 11.1, but for all other purposes
        shall be deemed to have been made on the next succeeding Business Day. Any
        payment received after 2:00 p.m. (the time of the Administrative Agent’s
        Correspondent) shall be deemed to have been made on the next succeeding Business
        Day for all purposes.

       

      (c)           Japanese
        Yen Loans.  Each payment by the Borrower on account of the
        principal of or interest on the Japanese Yen Loans shall be made in Japanese
        Yen
        not later than 1:00 p.m. (Tokyo time) on the date specified for payment under
        this Agreement to the Administrative Agent at the Administrative Agent’s Office
        for the account of the Japanese Yen Lender (other than as set forth below)
        in
        immediately available funds and shall be made without any setoff, counterclaim
        or deduction whatsoever.  Any payment received after such time but
        before 2:00 p.m. (Tokyo time) on such day shall be deemed a payment on such
        date
        for the purposes of Section 11.1, but for all other purposes shall be
        deemed to have been made on the next succeeding Business Day.  Any
        payment received after 2:00 p.m. (Tokyo time) shall be deemed to have been
        made
        on the next succeeding Business Day for all purposes.

       

       (d)           Pro
        Rata Treatment.  Upon receipt by the Administrative Agent (or the
        applicable Administrative Agent’s Correspondent) of each such payment, the
        Administrative Agent (or the applicable Administrative Agent’s Correspondent)
        shall distribute to each Lender at its address for notices set forth herein
        its
pro rata share of such payment in accordance with such Lender’s
        Commitment Percentage, (except as specified below) and shall wire advice
        of the
        amount of such credit to each such Lender.  Each payment to the
        Administrative Agent of the Issuing Lender’s fees or L/C Participants’
commissions shall be made in like manner, but for the account of the Issuing
        Lender or the L/C Participants, as the case may be.  Each payment to
        the Administrative Agent of the Administrative Agent’s fees or expenses shall be
        made for the account of the Administrative Agent and any amount payable to
        any
        Lender under Section 4.11, 4.12, 4.13 or 13.3 shall
        be paid 

       

       

      
        
          
          

        

        
          41

          
            

          

        

        
          
          

        

         

        to
          the Administrative Agent for the account of the applicable
          Lender.  Each payment to the Administrative Agent (or the applicable
          Administrative Agent’s Correspondent) with respect to Swingline Loans
          (including, without limitation, the Swingline Lender’s fees or expenses) shall
          be made for the account of the Swingline Lender.  Each payment to the
          Administrative Agent (or the applicable Administrative Agent’s Correspondent)
          with respect to the Japanese Yen Loans (including, without limitation,
          the
          Japanese Yen Lender’s fees or expenses) shall be made for the account of the
          Japanese Yen Lender.  Subject to Section 4.1(b)(ii) if any
          payment under this Agreement shall be specified to be made upon a day which
          is
          not a Business Day, it shall be made on the next succeeding day which is
          a
          Business Day and such extension of time shall in such case be included
          in
          computing any interest if payable along with such payment.

      

       

          SECTION
        4.5      Evidence of Indebtedness.

       

      (a)           Extensions
        of Credit.  The Extensions of Credit made by each Lender shall be
        evidenced by one or more accounts or records maintained by such Lender and
        by
        the Administrative Agent in the ordinary course of business.  The
        accounts or records maintained by the Administrative Agent and each Lender
        shall
        be conclusive absent manifest error of the amount of the Extensions of Credit
        made by the Lenders to the Borrower and the interest and payments
        thereon.  Any failure to so record or any error in doing so shall not,
        however, limit or otherwise affect the obligation of the Borrower hereunder
        to
        pay any amount owing with respect to the Obligations.  In the event of
        any conflict between the accounts and records maintained by any Lender and
        the
        accounts and records of the Administrative Agent in respect of such matters,
        the
        accounts and records of the Administrative Agent shall control in the absence
        of
        manifest error.  Upon the request of any Lender made through the
        Administrative Agent, the Borrower shall execute and deliver to such Lender
        (through the Administrative Agent) a Revolving Credit Note, Japanese Yen
        Note
        and/or Swingline Note, as applicable, which shall evidence such Lender’s
        Revolving Credit Loans, Japanese Yen Loans and/or Swingline Loan, as applicable,
        in addition to such accounts or records.  Each Lender may attach
        schedules to its Notes and endorse thereon the date, amount and maturity
        of its
        Loans and payments with respect thereto.

       

      (b)           Participations.  In
        addition to the accounts and records referred to in subsection (a), each
        Lender
        and the Administrative Agent shall maintain in accordance with its usual
        practice accounts or records evidencing the purchases and sales by such Lender
        of participations in Japanese Yen Loans, Letters of Credit and Swingline
        Loans.  In the event of any conflict between the accounts and records
        maintained by the Administrative Agent and the accounts and records of any
        Lender in respect of such matters, the accounts and records of the
        Administrative Agent shall control in the absence of manifest
        error.

       

      SECTION
        4.6      Adjustments.  If any
        Lender shall, by exercising any right of setoff or counterclaim or otherwise,
        obtain payment in respect of any principal of or interest on any of its Loans
        or
        other obligations hereunder resulting in such Lender’s receiving payment of a
        proportion of the aggregate amount of its Loans and accrued interest thereon
        or
        other such obligations (other than pursuant to Section 4.11, 4.12,
4.13 or 13.3 hereof) greater than its pro rata share
        thereof as provided herein, then the Lender receiving such greater proportion
        shall (a) notify the Administrative Agent of such fact, and (b) purchase
        (for
        cash at face value) participations in the Loans and such other obligations
        of
        the other Lenders, or make such other adjustments as shall be equitable,
        so that
        the benefit of all such payments shall be shared by the Lenders ratably in
        accordance with the aggregate amount of principal of and accrued interest
        on
        their respective Loans and other amounts owing them; provided
        that:

       

       

      
        
          
          

        

        
          42

          
            

          

        

        
          
          

        

      

       

      (a)           if
        any such participations are purchased and all or any portion of the payment
        giving rise thereto is recovered, such participations shall be rescinded
        and the
        purchase price restored to the extent of such recovery, without interest,
        and

       

      (b)           the
        provisions of this paragraph shall not be construed to apply to (x) any payment
        made by the Borrower pursuant to and in accordance with the express terms
        of
        this Agreement or (y) any payment obtained by a Lender as consideration for
        the
        assignment of or sale of a participation in any of its Loans or participations
        in Japanese Yen Loans, Swingline Loans and Letters of Credit to any assignee
        or
        participant, other than to the Borrower or any Subsidiary thereof (as to
        which
        the provisions of this paragraph shall apply).

       

      The
        Borrower consents to the foregoing and agrees, to the extent it may effectively
        do so under Applicable Law, that any Lender acquiring a participation pursuant
        to the foregoing arrangements may exercise against the Borrower rights of
        setoff
        and counterclaim with respect to such participation as fully as if such Lender
        were a direct creditor of the Borrower in the amount of such
        participation.

       

      SECTION
        4.7      Nature of Obligations of Lenders
        Regarding Extensions of Credit; Assumption by the Administrative
        Agent.  The obligations of the Lenders under this Agreement to
        make the Loans and issue or participate in Letters of Credit are several
        and are
        not joint or joint and several.  Unless the Administrative Agent shall
        have received notice from a Lender prior to a proposed borrowing date or
        as of a
        proposed borrowing time, as applicable, that such Lender will not make available
        to the Administrative Agent such Lender’s ratable portion of the amount to be
        borrowed on such date or time (which notice shall not release such Lender
        of its
        obligations hereunder), the Administrative Agent may assume that such Lender
        has
        made such portion available to the Administrative Agent on such proposed
        borrowing date or as of such proposed borrowing time in accordance with
Section 2.4(b), and the Administrative Agent may, in reliance upon such
        assumption, make available to the Borrower on such date or time a corresponding
        amount.  If such amount is made available to the Administrative Agent
        on a date or time after such borrowing date or time, as applicable, such
        Lender
        shall pay to the Administrative Agent on demand an amount, until paid, equal
        to
        (a) with respect to any Loan denominated in Dollars, the product of (i) the
        amount not made available by such Lender in accordance with the terms hereof,
        times (ii) the daily average Federal Funds Rate during such period as
        determined by the Administrative Agent, times (iii) a fraction the
        numerator of which is the number of days that elapse from and including such
        borrowing date or time to the date on which such amount not made available
        by
        such Lender in accordance with the terms hereof shall have become immediately
        available to the Administrative Agent and the denominator of which is 360
        and
        (b) with respect to any Loan denominated in an Alternative Currency, the
        amount
        not made available by such Lender in accordance with the terms hereof and
        interest thereon at a rate per annum equal to the Administrative Agent’s
        aggregate marginal cost (including the cost of maintaining any required reserves
        or deposit insurance and of any fees, penalties, overdraft charges or other
        costs or expenses incurred by the Administrative Agent as a result of the
        failure to deliver funds hereunder) of carrying such amount.  A
        certificate of the Administrative Agent with respect to any amounts owing
        under
        this Section shall be conclusive, absent manifest error.  If such
        Lender’s Commitment 

       

       

      
        
          
          

        

        
          43

          
            

          

        

        
          
          

        

         

        Percentage
          of such borrowing is not made available to the Administrative Agent by
          such
          Lender within three (3) Business Days after such borrowing date or time,
          the
          Administrative Agent shall be entitled to recover such amount made available
          by
          the Administrative Agent with interest thereon at the rate per annum applicable
          to Base Rate Loans hereunder, on demand, from the Borrower.  The
          failure of any Lender to make available its Commitment Percentage of any
          Loan
          requested by the Borrower shall not relieve it or any other Lender of its
          obligation, if any, hereunder to make its Commitment Percentage of such
          Loan
          available on the borrowing date or as of such borrowing time, as applicable,
          but
          no Lender shall be responsible for the failure of any other Lender to make
          its
          Commitment Percentage of such Loan available on the borrowing date or as
          of such
          borrowing time, as applicable.  Notwithstanding anything set forth
          herein to the contrary, any Lender that is a Defaulting Lender shall not
          (a)
          have any voting or consent rights under or with respect to any Loan Document,
          except that the Commitment of such Defaulting Lender may not be increased
          or
          decreased without the consent of such Defaulting Lender, or (b) constitute
          a
“Lender” (or be included in the calculation of Required Lenders hereunder) for
          any voting or consent rights under or with respect to any Loan
          Document.

      

       

      SECTION
        4.8       Redenomination of Alternative
        Currency Loans.

       

      .           (a)           Conversion
        to the Base Rate.  If any Alternative Currency Loan is required to
        bear interest based at the Base Rate rather than the LIBOR Rate, pursuant
        to
Section 4.1(c), Section 4.10 or any other applicable provision
        hereof, such Loan shall be deemed funded in Dollars in an amount equal to
        the
        Dollar Amount of such Alternative Currency Loan, all subject to the provisions
        of Section 2.4(b).  The Borrower shall reimburse the Lenders
        upon any such conversion for any amounts required to be paid under Section
        4.11 and Section 4.12(d).

      

      (b)           Redenomination
        of Loans.  Subject to Section 1.8 hereof, any Revolving
        Credit Loan to be denominated in the currency of the applicable Participating
        Member State shall be made in the euro.

      

      (c)           Redenomination
        of Obligations.   Subject to Section 1.8 hereof, any
        obligation of any party under this Agreement or any other Loan Document which
        has been denominated in the currency of a Participating Member State shall
        be
        redenominated into the euro.

      

      (d)           Further
        Assurances.  The terms and provisions of this Agreement will be
        subject to such reasonable changes of construction as determined by the
        Administrative Agent to reflect the implementation of the EMU in any
        Participating Member State or any market conventions relating to the fixing
        and/or calculation of interest being changed or replaced and to reflect market
        practice at that time, and subject thereto, to put the Administrative Agent,
        the
        Revolving Credit Lenders and the Borrower in the same position, so far as
        possible, that they would have been if such implementation had not
        occurred.  In connection therewith, the Borrower agrees, at the
        request of the Administrative Agent, at the time of or at any time following
        the
        implementation of the EMU in any Participating Member State or any market
        conventions relating to the fixing and/or calculation of interest being changed
        or replaced, to enter into an agreement amending this Agreement in a mutually
        satisfactory manner.

       

       

      
        
          
          

        

        
          44

          
            

          

        

        
          
          

        

      

      

      SECTION
        4.9      Regulatory
        Limitation.  In the event, as a result of increases in the value
        of Alternative Currencies against the Dollar or for any other reason, the
        obligation of any of the Lenders to make Loans (taking into account the Dollar
        Amount of the Obligations and all other indebtedness required to be aggregated
        under 12 U.S.C.A. §84, as amended, the regulations promulgated thereunder and
        any other Applicable Law) is determined by such Lender to exceed its then
        applicable legal lending limit under 12 U.S.C.A. §84, as amended, and the
        regulations promulgated thereunder, or any other Applicable Law, the amount
        of
        additional Extensions of Credit such Lender shall be obligated to make or
        issue
        or participate in hereunder shall immediately be reduced to the maximum amount
        which such Lender may legally advance (as determined by such Lender), the
        obligation of each of the remaining Lenders hereunder shall be proportionately
        reduced, based on their applicable Commitment Percentages and, to the extent
        necessary under such laws and regulations (as determined by each of the Lenders,
        with respect to the applicability of such laws and regulations to itself),
        and
        the Borrower shall reduce, or cause to be reduced, complying to the extent
        practicable with the remaining provisions hereof, the Obligations outstanding
        hereunder by an amount sufficient to comply with such maximum
        amounts.

       

      SECTION
        4.10     Changed Circumstances.

       

      (a)           Circumstances
        Affecting LIBOR Rate and Alternative Currency Availability.  If
        with respect to any Interest Period the Administrative Agent or any Lender
        (after consultation with the Administrative Agent) shall determine that (i)
        by
        reason of circumstances affecting the foreign exchange and interbank markets
        generally, deposits in eurodollars or an Alternative Currency in the applicable
        amounts are not being quoted via the Reuters Page LIBOR01, or its successor
        page, or offered to the Administrative Agent or such Lender for such Interest
        Period, (ii) a fundamental change has occurred in the foreign exchange or
        interbank markets with respect to any Alternative Currency (including, without
        limitation, changes in national or international financial, political, or
        economic conditions or currency exchange rates or exchange controls) or (iii)
        it
        has become otherwise materially impractical for the Administrative Agent,
        the
        Japanese Yen Lender or the Lenders to make such Loan in an Alternative Currency,
        then the Administrative Agent shall forthwith give notice thereof to the
        Borrower.  Thereafter, until the Administrative Agent notifies the
        Borrower that such circumstances no longer exist, the obligation of the Lenders
        to make LIBOR Rate Loans, Alternative Currency Loans, or Japanese Yen Loans,
        as
        applicable, and the right of the Borrower to convert any Loan to or continue
        any
        Loan as a LIBOR Rate Loan or an Alternative Currency Loan, as applicable,
        shall
        be suspended, and the Borrower shall repay in full (or cause to be repaid
        in
        full) the then outstanding principal amount of each such LIBOR Rate Loan,
        Alternative Currency Loan, or Japanese Yen Loan, as applicable, together
        with
        accrued interest thereon, (A) with respect to LIBOR Rate Loans or Alternative
        Currency Loans, on the last day of the then current Interest Period, if
        applicable, to such LIBOR Rate Loan or Alternative Currency Loan or convert
        to
        LIBOR Rate Loans denominated in Dollars, if available, as applicable, or
        (B)
        with respect to Japanese Base Rate Loans, immediately upon the request of
        the
        Japanese Yen Lender, or (C) with respect to any LIBOR Rate Loans, convert
        the
        then outstanding principal amount of each such LIBOR Rate Loan or Alternative
        Currency Loan, as applicable, to a Base Rate Loan as of the last day of such
        Interest Period.

       

       

      
        
          
          

        

        
          45

          
            

          

        

        
          
          

        

      

       

      (b)           Laws
        Affecting LIBOR Rate and Alternative Currency Availability.  If,
        after the date hereof, the introduction of, or any change in, any Applicable
        Law
        or any change in the interpretation or administration thereof by any
        Governmental Authority, central bank or comparable agency charged with the
        interpretation or administration thereof, or compliance by any of the Lenders
        (or any of their respective Lending Offices) with any request or directive
        (whether or not having the force of law) of any such Governmental Authority,
        central bank or comparable agency, shall make it unlawful or impossible for
        any
        of the Lenders (or any of their respective Lending Offices) to honor its
        obligations hereunder to make or maintain any LIBOR Rate Loan, any Alternative
        Currency Loan, or any Japanese Yen Loan, such Lender shall promptly give
        notice
        thereof to the Administrative Agent and the Administrative Agent shall promptly
        give notice to the Borrower and the other Lenders.  Thereafter, until
        the Administrative Agent notifies the Borrower that such circumstances no
        longer
        exist, (i) the obligations of the Lenders to make LIBOR Rate Loans, Alternative
        Currency Loans, or Japanese Yen Loans, as applicable, and the right of the
        Borrower to convert any Revolving Credit Loan or continue any Revolving Credit
        Loan as a LIBOR Rate Loan or Alternative Currency Loan, as applicable, shall
        be
        suspended and thereafter the Borrower may select Base Rate Loans or convert
        to
        LIBOR Rate Loans denominated in Dollars, if available hereunder, and (ii)
        if any
        of the Lenders may not lawfully continue to maintain a LIBOR Rate Loan or
        Alternative Currency Loan or convert to LIBOR Rate Loans denominated in Dollars,
        as applicable, to the end of the then current Interest Period applicable
        thereto
        as a LIBOR Rate Loan or Alternative Currency Loan or convert to LIBOR Rate
        Loans
        denominated in Dollars, if available, as applicable, the applicable LIBOR
        Rate
        Loan or Alternative Currency Loan, as applicable, shall immediately be converted
        to a Base Rate Loan for the remainder of such Interest Period; provided
        that if the Borrower elects to make such conversion, the Borrower shall pay
        to
        the Administrative Agent and the Lenders any and all costs, fees and other
        expenses incurred by the Administrative Agent and the Lenders in effecting
        such
        conversion.

       

      SECTION
        4.11    Indemnity.  (a)   The
        Borrower hereby indemnifies each of the Lenders against any loss or expense
        (including, without limitation, any foreign exchange costs, and excluding
        loss
        of profits or anticipated profits) which may arise or be attributable to
        each
        Lender’s obtaining, liquidating or employing deposits or other funds acquired to
        effect, fund or maintain any Loan (a) as a consequence of any failure by
        the
        Borrower to make any payment when due of any amount due hereunder in connection
        with a LIBOR Rate Loan or an Alternative Currency Loan (b) due to any failure
        of
        the Borrower to borrow, continue or convert on a date specified therefor
        in a
        Notice of Borrowing or Notice of Conversion/Continuation or (c) due to any
        payment, prepayment or conversion of any LIBOR Rate Loan or any Alternative
        Currency Loan on a date other than the last day of the Interest Period
        therefor.  The amount of such loss or expense shall be determined, in
        the applicable Lender’s sole discretion, based upon the assumption that such
        Lender funded its Commitment Percentage of the LIBOR Rate Loans in the London
        interbank market and using any reasonable attribution or averaging methods
        which
        such Lender deems appropriate and practical.  A certificate of such
        Lender setting forth the basis for determining such amount or amounts necessary
        to compensate such Lender shall be forwarded to the Borrower through the
        Administrative Agent and shall be conclusively presumed to be correct save
        for
        manifest error.

       

      
        SECTION
          4.12     Increased Costs.

         

        (a)           Increased
          Costs Generally.  If any Change in Law shall:

         

      

       

      
        
          
          

        

        
          46

          
            

          

        

        
          
          

        

      

       

      (i)           impose,
        modify or deem applicable any reserve, special deposit, compulsory loan,
        insurance charge or similar requirement against assets of, deposits with
        or for
        the account of, or advances, loans or other credit extended or participated
        in
        by, any Lender (except any reserve requirement reflected in the LIBOR Rate),
        the
        Japanese Yen Lender or the Issuing Lender;

       

      (ii)           subject
        any Lender, the Japanese Yen Lender or the Issuing Lender to any tax of any
        kind
        whatsoever with respect to this Agreement, any Japanese Yen Loan, any Letter
        of
        Credit, any participation in a Japanese Yen Loan or a Letter of Credit or
        any
        LIBOR Rate Loan made by it, or change the basis of taxation of payments to
        such
        Lender, the Japanese Yen Lender or the Issuing Lender in respect thereof
        (except
        for Indemnified Taxes or Other Taxes covered by Section 4.13 and the
        imposition of, or any change in the rate of any Excluded Tax payable by such
        Lender, the Japanese Yen Lender or the Issuing Lender); or

       

      (iii)           impose
        on any Lender, the Japanese Yen Lender or the Issuing Lender or the London
        interbank market any other condition, cost or expense affecting this Agreement,
        LIBOR Rate Loans or Japanese Yen Loans made by such Lender or any Letter
        of
        Credit, or participation therein;

       

      and
        the result of any of the foregoing shall be to increase the cost to such
        Lender
        of making, converting into or maintaining any LIBOR Rate Loan or any Japanese
        Yen Loan (or of maintaining its obligation to make any such Loan), or to
        increase the cost to such Lender, the Japanese Yen Lender or the Issuing
        Lender
        of participating in, issuing or maintaining any Japanese Yen Loan or Letter
        of
        Credit (or of maintaining its obligation to participate in any Japanese Yen
        Loan
        or to participate in or to issue any Letter of Credit), or to reduce the
        amount
        of any sum received or receivable by such Lender, the Japanese Yen Lender
        or the
        Issuing Lender hereunder (whether of principal, interest or any other amount)
        then, upon written request of such Lender, the Japanese Yen Lender or the
        Issuing Lender, the Borrower shall promptly pay to any such Lender, the Japanese
        Yen Lender or the Issuing Lender, as the case may be, such additional amount
        or
        amounts as will compensate such Lender, the Japanese Yen Lender or the Issuing
        Lender, as the case may be, for such additional costs incurred or reduction
        suffered.

       

      (b)           Capital
        Requirements.  If any Lender, the Japanese Yen Lender or the
        Issuing Lender determines that any Change in Law affecting such Lender, the
        Japanese Yen Lender or the Issuing Lender or any lending office of such Lender,
        the Japanese Yen Lender or such Lender’s, the Japanese Yen Lender’s or the
        Issuing Lender’s holding company, if any, regarding capital requirements has or
        would have the effect of reducing the rate of return on such Lender’s, the
        Japanese Yen Lender’s or the Issuing Lender’s capital or on the capital of such
        Lender’s, the Japanese Yen Lender’s or the Issuing Lender’s holding company, if
        any, as a consequence of this Agreement, the Commitments of such Lender,
        the
        Japanese Yen Lender or the Issuing Lender or the Loans made by, or
        participations in Letters of Credit held by, such Lender, the Japanese Yen
        Lender or the Issuing Lender or the Letters of Credit issued by the Issuing
        Lender, to a level below that which such Lender, the Japanese Yen Lender
        or the
        Issuing Lender or such Lender’s, the Japanese Yen Lender’s or the Issuing
        Lender’s holding company could have achieved but for such Change in Law (taking
        into consideration such Lender’s, the Japanese Yen Lender’s or the Issuing
        Lender’s policies and the policies of 

       

       

      
        
          
          

        

        
          47

          
            

          

        

        
          
          

        

         

        such
          Lender’s, the Japanese Yen Lender’s or the Issuing Lender’s holding company with
          respect to capital adequacy), then from time to time upon written request
          of
          such Lender, the Japanese Yen Lender or such Issuing Lender, the Borrower
          shall
          promptly pay to such Lender, the Japanese Yen Lender or the Issuing Lender,
          as
          the case may be, such additional amount or amounts as will compensate such
          Lender, the Japanese Yen Lender or the Issuing Lender or such Lender’s, the
          Japanese Yen Lender’s or the Issuing Lender’s holding company for any such
          reduction suffered.

      

       

      (c)           Certificates
        for Reimbursement.  A certificate of a Lender, the Japanese Yen
        Lender or the Issuing Lender setting forth the amount or amounts necessary
        to
        compensate such Lender, the Japanese Yen Lender or the Issuing Lender or
        its
        holding company, as the case may be, as specified in paragraph (a) or (b)
        of
        this Section and delivered to the Borrower shall be conclusive absent manifest
        error.  The Borrower shall pay such Lender or the Issuing Lender, as
        the case may be, the amount shown as due on any such certificate within thirty
        (30) days after receipt thereof.

       

      (d)           Exchange
        Indemnification and Increased Costs.  The Borrower shall, upon
        demand from the Administrative Agent, pay to the Administrative Agent or
        any
        applicable Lender, the amount of (i) any loss, expense or cost incurred by
        the
        Administrative Agent or any applicable Lender, (ii) any interest or any other
        return, including principal, foregone by the Administrative Agent or any
        applicable Lender as a result of the introduction of, change over to or
        operation of the euro, or (iii) any currency exchange loss, that the
        Administrative Agent or any Lender sustains as a result of any payment being
        made by the Borrower in a currency other than that originally extended to
        the
        Borrower or as a result of any other currency exchange loss incurred by the
        Administrative Agent or any applicable Lender under this Agreement.  A
        certificate of the Administrative Agent setting forth the basis for determining
        such additional amount or amounts necessary to compensate the Administrative
        Agent or the applicable Lender shall be conclusively presumed to be correct
        save
        for manifest error.

      

      (e)           Delay
        in Requests.  Failure or delay on the part of any Lender, the
        Japanese Yen Lender or the Issuing Lender to demand compensation pursuant
        to
        this Section shall not constitute a waiver of such Lender’s, the Japanese Yen
        Lender’s or the Issuing Lender’s right to demand such compensation;
provided that the Borrower shall not be required to compensate a Lender,
        the Japanese Yen Lender or the Issuing Lender pursuant to this Section for
        any
        increased costs incurred or reductions suffered more than nine (9) months
        prior
        to the date that such Lender, the Japanese Yen Lender or the Issuing Lender,
        as
        the case may be, notifies the Borrower of the Change in Law giving rise to
        such
        increased costs or reductions and of such Lender’s, the Japanese Yen Lender’s or
        the Issuing Lender’s intention to claim compensation therefor (except that, if
        the Change in Law giving rise to such increased costs or reductions is
        retroactive, then the nine-month period referred to above shall be extended
        to
        include the period of retroactive effect thereof).

       

      SECTION
        4.13     Taxes.

       

      (a)           Payments
        Free of Taxes.  Any and all payments by or on account of any
        obligation of the Borrower hereunder or under any other Loan Document shall
        be
        made free and clear of and without reduction or withholding for any Indemnified
        Taxes; provided that if the Borrower shall be required by 

       

       

      
        
          
          

        

        
          48

          
            

          

        

        
          
          

        

         

        Applicable
          Law to deduct any Indemnified Taxes from such payments, then (i) the sum
          payable
          shall be increased as necessary so that after making all required deductions
          (including deductions applicable to additional sums payable under this
          Section)
          the Administrative Agent, Lender or Issuing Lender, as the case may be,
          receives
          an amount equal to the sum it would have received had no such deductions
          been
          made, (ii) the Borrower shall make such deductions and (iii) the Borrower
          shall
          timely pay the full amount deducted to the relevant Governmental Authority
          in
          accordance with Applicable Law.

      

       

      (b)           Payment
        of Other Taxes by the Borrower. Without limiting the provisions of paragraph
        (a) above, the Borrower shall timely pay any Other Taxes to the relevant
        Governmental Authority in accordance with Applicable Law.

       

      (c)           Indemnification
        by the Borrower. The Borrower shall indemnify the Administrative Agent, each
        Lender and the Issuing Lender, within ten (10) days after demand therefor,
        for
        the full amount of any Indemnified Taxes (including Indemnified Taxes imposed
        or
        asserted on or attributable to amounts payable under this Section) paid by
        the
        Administrative Agent, such Lender or the Issuing Lender, as the case may
        be, and
        any penalties, interest and reasonable expenses arising therefrom or with
        respect thereto, whether or not such Indemnified Taxes were correctly or
        legally
        imposed or asserted by the relevant Governmental Authority; provided that
        if the Borrower reasonably believes that such Indemnified Taxes were not
        correctly or legally asserted, the Administrative Agent, Issuing Lender or
        such
        Lender, as the case may be, will use reasonable efforts to cooperate with
        the
        Borrower (at the Borrower's expense) to obtain a refund of such Indemnified
        Taxes (in cash or as a credit against another existing tax liability), the
        benefit of which refund shall be returned to the Borrower to the extent provided
        in Section 4.13(f).  A certificate as to the amount of such
        payment or liability (along with a copy of any applicable documents from
        the
        Internal Revenue Service or other Governmental Authority that asserts such
        claim
        as to Indemnified Taxes) delivered to the Borrower by a Lender or the Issuing
        Lender (with a copy to the Administrative Agent), or by the Administrative
        Agent
        on its own behalf or on behalf of a Lender or the Issuing Lender, shall be
        conclusive absent manifest error.

       

      (d)           Evidence
        of Payments. As soon as practicable after any payment of Indemnified Taxes
        by the Borrower to a Governmental Authority, the Borrower shall deliver to
        the
        Administrative Agent the original or a certified copy of a receipt issued
        by
        such Governmental Authority evidencing such payment, a copy of the return
        reporting such payment or other evidence of such payment reasonably satisfactory
        to the Administrative Agent.

       

      (e)           Status
        of Lenders. Each Foreign Lender that is entitled to an exemption from or
        reduction of withholding tax under the law of the jurisdiction in which the
        Borrower is resident for tax purposes, or any treaty to which such jurisdiction
        is a party, with respect to payments hereunder or under any other Loan Document
        shall deliver to the Borrower (with a copy to the Administrative Agent),
        at the
        time or times prescribed by Applicable Law or reasonably requested by the
        Borrower or the Administrative Agent, such properly completed and executed
        documentation prescribed by Applicable Law as will permit such payments under
        this Agreement to be made without withholding or at a reduced rate of
        withholding.  In addition, any Lender, if requested by the Borrower or
        the Administrative Agent, shall deliver such other documentation prescribed
        by
        Applicable Law or reasonably requested by the Borrower or the Administrative
        Agent as will enable the Borrower or the Administrative Agent to determine
        whether or not such Lender is subject to backup withholding or information
        reporting requirements.  Without 

       

       

      
        
          
          

        

        
          49

          
            

          

        

        
          
          

        

         

        limiting
          the generality of the foregoing, each Foreign Lender shall deliver to the
          Borrower and the Administrative Agent (in such number of copies as shall
          be
          requested by the recipient) on or prior to the date on which such Foreign
          Lender
          becomes a Lender under this Agreement (and from time to time thereafter
          upon the
          request of the Borrower or the Administrative Agent, but only if such Foreign
          Lender is legally entitled to do so):

      

       

      (i)           duly
        completed copies of Internal Revenue Service Form W-8BEN claiming eligibility
        for benefits of an income tax treaty to which the United States is a party,
        or

       

      (ii)           duly
        completed copies of Internal Revenue Service Form W-8ECI, or

       

      (iii)           in
        the case of a Foreign Lender claiming the benefits of the exemption for
        portfolio interest under section 881(c) of the Code, (x) a certificate to
        the
        effect that such Foreign Lender is not (A) a “bank” within the meaning of
        section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower
        within the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled
        foreign corporation” described in section 881(c)(3)(C) of the Code and (y) duly
        completed copies of Internal Revenue Service Form W-8BEN, and

       

      (iv)           any
        other form prescribed by Applicable Law as a basis for claiming exemption
        from
        or a reduction in United States Federal withholding tax duly completed together
        with such supplementary documentation as may be prescribed by Applicable
        Law to
        permit the Borrower to determine the withholding or deduction required to
        be
        made.

       

      (f)           Treatment
        of Certain Refunds.  If the Administrative Agent, a Lender or the
        Issuing Lender reasonably determines, in its sole discretion, that it has
        received a refund of, or a credit with respect to, any Taxes as to which
        it has
        been indemnified by the Borrower or with respect to which the Borrower has
        paid
        additional amounts pursuant to this Section, it shall pay to the Borrower
        an
        amount equal to such refund or credit (only to the extent such credit is
        realized) (but only to the extent of indemnity payments made, or additional
        amounts paid, by the Borrower under this Section with respect to the Taxes
        giving rise to such refund), net of all out-of-pocket expenses of the
        Administrative Agent, such Lender or the Issuing Lender, as the case may
        be, and
        without interest (other than any interest paid by the relevant Governmental
        Authority with respect to such refund or credit); provided that the
        Borrower, upon the request of the Administrative Agent, such Lender or the
        Issuing Lender, agrees to repay the amount paid over to the Borrower (plus
        any
        penalties, interest or other charges imposed by the relevant Governmental
        Authority) to the Administrative Agent, such Lender or the Issuing Lender
        in the
        event the Administrative Agent, such Lender or the Issuing Lender is required
        to
        repay such refund to such Governmental Authority.  This paragraph
        shall not be construed to require the Administrative Agent, any Lender or
        the
        Issuing Lender to make available its tax returns (or any other information
        relating to its taxes which it deems confidential) to the Borrower or any
        other
        Person.

       

      (g)           Survival.  Without
        prejudice to the survival of any other agreement of the Borrower hereunder,
        the
        agreements and obligations of the Borrower contained in this Section shall
        survive the payment in full of the Obligations and the termination of the
        Commitments.

       

      
        
          
          

        

        
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      SECTION
        4.14     Mitigation Obligations; Replacement of
        Lenders.

       

      (a)           Designation
        of a Different Lending Office. If any Lender requests compensation under
Section 4.12, or requires the Borrower to pay any additional amount to
        any Lender or any Governmental Authority for the account of any Lender pursuant
        to Section 4.13, then such Lender shall use reasonable efforts to
        designate a different lending office for funding or booking its Loans hereunder
        or to assign its rights and obligations hereunder to another of its offices,
        branches or affiliates, if, in the judgment of such Lender, such designation
        or
        assignment (i) would eliminate or reduce amounts payable pursuant to Section
        4.12 or Section 4.13, as the case may be, in the future and (ii)
        would not subject such Lender to any unreimbursed cost or expense and would
        not
        otherwise be disadvantageous to such Lender. The Borrower hereby agrees to
        pay
        all reasonable costs and expenses incurred by any Lender in connection with
        any
        such designation or assignment.

       

      (b)           Replacement
        of Lenders.  If any Lender requests compensation under Section
        4.12, or if the Borrower is required to pay any additional amount to any
        Lender or any Governmental Authority for the account of any Lender pursuant
        to
Section 4.13, or if any Lender defaults in its obligation to fund Loans
        hereunder, then the Borrower may, at its sole expense and effort, upon notice
        to
        such Lender and the Administrative Agent, require such Lender to assign and
        delegate, without recourse (in accordance with and subject to the restrictions
        contained in, and consents required by, Section 13.10), all of its
        interests, rights and obligations under this Agreement and the related Loan
        Documents to an assignee that shall assume such obligations (which assignee
        may
        be another Lender, if a Lender accepts such assignment); provided
        that

       

      (i)           the
        Borrower shall have paid to the Administrative Agent the assignment fee
        specified in Section 13.10,

       

      (ii)           such
        Lender shall have received payment of an amount equal to the outstanding
        principal of its Loans and participations in Letters of Credit, accrued interest
        thereon, accrued fees and all other amounts payable to it hereunder and under
        the other Loan Documents (including any amounts under Section 4.13) from
        the assignee (to the extent of such outstanding principal and accrued interest
        and fees) or the Borrower (in the case of all other amounts),

       

      (iii)           in
        the case of any such assignment resulting from a claim for compensation under
        Section 4.12 or payments required to be made pursuant to Section
        4.13, such assignment will result in a reduction in such compensation or
        payments thereafter, and

       

      (iv)           such
        assignment does not conflict with Applicable Law.

       

      A
        Lender shall not be required to make any such assignment or delegation if,
        prior
        thereto, as a result of a waiver by such Lender or otherwise, the circumstances
        entitling the Borrower to require such assignment and delegation cease to
        apply.

       

      SECTION
        4.15     Rounding and Other Consequential
        Changes.  Subject to Section 1.8 hereof, without prejudice
        and in addition to any method of conversion or rounding prescribed by any
        EMU
        Legislation and without prejudice to the respective obligations of the Borrower
        to the Administrative Agent and the Lenders and the Administrative Agent
        and the
        Lenders to the Borrower under or pursuant to this Agreement, except as expressly
        provided in this Agreement, each 

       

      
        
          
          

        

        
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        provision
          of this Agreement, including,  without limitation, the right to
          combine currencies to effect a set-off,  shall be subject to such
          reasonable changes of interpretation as the Administrative Agent may from
          time
          to time specify to be necessary or appropriate to reflect the introduction
          of or
          change over to the euro in Participating Member States.

      

       

      ARTICLE
        V

       

      CLOSING;
        CONDITIONS OF CLOSING AND BORROWING

       

      SECTION
        5.1        Closing.  The
        closing shall take place at the offices of Kennedy Covington Lobdell &
Hickman, L.L.P. in Charlotte, North Carolina, at 10:00 a.m. on August 22,
        2007
        or on such other place, date and time as the parties hereto shall mutually
        agree.

       

      SECTION
        5.2        Conditions to Closing and
        Initial Extensions of Credit.  The
        obligation of the Lenders to close this Agreement and to make the initial
        Loans
        or issue or participate in the initial Letter of Credit, if any, is subject
        to
        the satisfaction of each of the following conditions:

       

      (a)           Executed
        Loan Documents.  This Agreement, a Revolving Credit Note in favor
        of each Revolving Credit Lender requesting a Revolving Credit Note, a Japanese
        Yen Note in favor of the Japanese Yen Lender (if requested thereby) and a
        Swingline Note in favor of the Swingline Lender (if requested thereby) shall
        have been duly authorized, executed and delivered to the Administrative Agent
        by
        the parties thereto, shall be in full force and effect and no Default or
        Event
        of Default shall exist hereunder or thereunder.

       

      (b)           Closing
        Certificates; Etc.  The Administrative Agent shall have received
        each of the following in form and substance reasonably satisfactory to the
        Administrative Agent:

       

      (i)           Officer’s
        Certificate of the Borrower.  A certificate from a Responsible
        Officer of the Borrower to the effect that all representations and warranties
        of
        the Borrower contained in this Agreement and the other Loan Documents are
        true,
        correct and complete  in all material respects as if made on such
        date, except to the extent that any such representation or warranty relates
        to
        an earlier specific date in which case such representation and warranty shall
        be
        true and correct as of such earlier date; that the Borrower is not in violation
        of any of the covenants contained in this Agreement and the other Loan
        Documents; that, after giving effect to the transactions contemplated by
        this
        Agreement, no Default or Event of Default has occurred and is continuing;
        and
        that the Borrower has satisfied each of the conditions set forth in Section
        5.2 and Section 5.3.

       

      (ii)           Certificate
        of Secretary of the Borrower.  A certificate of a Responsible
        Officer of the Borrower certifying as to the incumbency and genuineness of
        the
        signature of each officer of the Borrower executing Loan Documents to which
        it
        is a party and certifying that attached thereto is a true, correct and complete
        copy of (A) the articles of incorporation of the Borrower and all amendments
        thereto, certified as of a recent date by the Secretary of State of the State
        of
        Delaware, (B) the bylaws of the Borrower as in effect on the Closing Date,
        (C)
        resolutions duly adopted by the board of directors of the Borrower authorizing
        the transactions contemplated hereunder and the execution, delivery and
        performance of this Agreement and the other Loan Documents to which it is
        a
        party, and (D) each certificate required to be delivered pursuant to Section
        5.2(b)(iii).

       

      
        
          
          

        

        
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      (iii)           Certificates
        of Good Standing.  Certificates as of a recent date of the good
        standing of the Borrower under the laws of the State of Delaware and, to
        the
        extent requested by the Administrative Agent, each other jurisdiction where
        the
        Borrower is qualified to do business and, to the extent available, a certificate
        of the relevant taxing authorities of such jurisdictions certifying that
        the
        Borrower has filed required tax returns and owes no delinquent taxes except
        for
        those being contested in good faith pursuant to Section
        6.1(e).

       

      (iv)           Opinions
        of Counsel.  Favorable opinions of counsel to the Borrower
        addressed to the Administrative Agent and the Lenders with respect to the
        Borrower, the Loan Documents and such other matters as the Lenders shall
        reasonably request.

       

      (v)           Tax
        Forms.  Copies of the United States Internal Revenue Service forms
        required by Section 4.13(e).

       

      (c)           Consents;
        Defaults.

       

      (i)           Governmental
        and Third Party Approvals.  The Borrower shall have received all
        material governmental, shareholder and third party consents and approvals
        necessary (or any other material consents as determined in the reasonable
        discretion of the Administrative Agent) in connection with the transactions
        contemplated by this Agreement and the other Loan Documents and the other
        transactions contemplated hereby and all applicable waiting periods shall
        have
        expired without any action being taken by any Person that could reasonably
        be
        expected to restrain, prevent or impose any material adverse conditions on
        the
        Borrower or the transactions contemplated by the Loan Documents or that could
        seek or threaten any of the foregoing, and no law or regulation shall be
        applicable which in the reasonable judgment of the Administrative Agent could
        reasonably be expected to have a Material Adverse Effect.

       

      (ii)           No
        Injunction, Etc.  Except for the Disclosed Litigation Matters (as
        defined in Section 6.1), no action, proceeding, investigation, regulation
        or legislation shall have been instituted, threatened or proposed before
        any
        Governmental Authority to enjoin, restrain, or prohibit, or to obtain
        substantial damages in respect of, or which is related to or arises out of
        this
        Agreement or the other Loan Documents or the consummation of the transactions
        contemplated hereby or thereby, which could reasonably be expected to have
        a
        Material Adverse Effect.

       

      (d)           Financial
        Matters.

       

      (i)           Financial
        Statements.  The Lenders shall have received the most recent
        audited Consolidated financial statements, and the unaudited Consolidated
        financial statements for the period ended June 30, 2007, in each case of
        the
        Borrower and its Subsidiaries prepared in accordance with GAAP.

       

      
        
          
          

        

        
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      (ii)           Payment
        at Closing; Fee Letters. The Borrower shall have paid to the Administrative
        Agent and the Lenders the accrued and unpaid fees due and set forth or
        referenced in Section 4.3 and any other accrued and unpaid fees or
        commissions due hereunder (including, without limitation, legal fees and
        expenses) and to any other Person such amount as may be due thereto in
        connection with the transactions contemplated hereby, including all taxes,
        fees
        and other charges in connection with the execution, delivery, recording,
        filing
        and registration of any of the Loan Documents.

       

      (e)           Miscellaneous.

       

      (i)           Notice
        of Borrowing.  The Administrative Agent shall have received a
        Notice of Borrowing from the Borrower in accordance with Section 2.4(a)
        with respect to any amounts to be borrowed on the Closing Date, and a Notice
        of
        Account Designation specifying the account or accounts to which the proceeds
        of
        any Loans made after the Closing Date are to be disbursed.

       

      (ii)           Other
        Documents.  All opinions, certificates and other instruments and
        all proceedings in connection with the transactions contemplated by this
        Agreement shall be reasonably satisfactory in form and substance to the
        Administrative Agent.  The Administrative Agent shall have received
        copies of all other documents, certificates and instruments reasonably requested
        thereby, with respect to the transactions contemplated by this
        Agreement.

       

      (iii)           Termination
        of Existing Credit Agreement.  Concurrent with the closing of the
        Agreement, the Existing Credit Agreement shall have been terminated, together
        with the commitments thereunder, and all amounts owing in respect of the
        Existing Credit Agreement shall have been repaid in full.

       

      SECTION
        5.3        Conditions to All
Extensions of Credit.  The
        obligations of the Lenders to make any Extensions of Credit (including the
        initial Extension of Credit) and/or the Issuing Lender to issue or extend
        any
        Letter of Credit are subject to the satisfaction of the following conditions
        precedent on the relevant borrowing, issuance or extension date:

       

      (a)           Continuation
        of Representations and Warranties.  The representations and
        warranties contained in Article VI shall be true and correct in all
        material respects on and as of such borrowing, issuance or extension date
        with
        the same effect as if made on and as of such date, except for any representation
        and warranty made as of an earlier date, which representation and warranty
        shall
        remain true and correct in all material respects as of such earlier date,
        and
        except for the representations and warranties contained in Section
        6.1(e), 6.1(f), 6.1(j) and 6.1(k).

       

      (b)           No
        Existing Default.  No Default or Event of Default shall have
        occurred and be continuing (i) on the borrowing date with respect to such
        Loan
        or after giving effect to the Loans to be made on such date or (ii) on the
        issuance or extension date with respect to such Letter of Credit or after
        giving
        effect to the issuance or extension of such Letter of Credit on such
        date.

       

      (c)           Notices.  The
        Administrative Agent shall have received a Notice of Borrowing from the Borrower
        in accordance with Section 2.4(a).

       

       

      
        
          
          

        

        
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      ARTICLE
        VI

       

      REPRESENTATIONS
        AND WARRANTIES OF THE BORROWER

       

      SECTION
        6.1       Representations and
        Warranties.  To induce the Administrative Agent and Lenders to
        enter into this Agreement and to induce the Lenders to make Extensions of
        Credit, the Borrower hereby represents and warrants to the Administrative
        Agent
        and Lenders that:

       

      (a)           Organization;
        Power; Qualification.  Each of the Borrower and its Subsidiaries
        is duly organized, validly existing and in good standing under the laws of
        the
        jurisdiction of its incorporation or formation, has the power and authority
        to
        own its properties and to carry on its business as now being and hereafter
        proposed to be conducted and is duly qualified and authorized to do business
        in
        each jurisdiction in which the character of its properties or the nature
        of its
        business requires such qualification and authorization, except where the
        failure
        to be so qualified or in good standing or the failure of any such Subsidiary
        to
        be so organized or existing could not reasonably be expected to result in
        a
        Material Adverse Effect.

       

      (b)           Authorization
        of Agreement, Loan Documents and Borrowing.  The Borrower has the
        right, power and authority and has taken all necessary corporate and other
        action to authorize the execution, delivery and performance of this Agreement
        and each of the other Loan Documents in accordance with their respective
        terms.  This Agreement and each of the other Loan Documents have been
        duly executed and delivered by the duly authorized officers of the Borrower,
        and
        each such document constitutes the legal, valid and binding obligation of
        the
        Borrower, enforceable in accordance with its terms, except as such
        enforceability may be limited by bankruptcy, insolvency, reorganization,
        moratorium or similar state or federal debtor relief laws from time to time
        in
        effect which affect the enforcement of creditors’ rights in general and the
        availability of equitable remedies.

       

      (c)           Compliance
        of Agreement, Loan Documents and Borrowing with Laws, Etc.  The
        execution, delivery and performance by the Borrower of the Loan Documents,
        in
        accordance with their respective terms, the Extensions of Credit hereunder
        and
        the transactions contemplated hereby do not and will not, by the passage
        of
        time, the giving of notice or otherwise, (i) require any Governmental Approval
        relating to the Borrower where the failure to obtain such Governmental Approval
        could reasonably be expected to have a Material Adverse Effect, (ii) violate
        any
        Applicable Law relating to the Borrower except where such violation could
        not
        reasonably be expected to have a Material Averse Effect, (iii) conflict with,
        result in a breach of or constitute a default under the articles of
        incorporation or bylaws of the Borrower, (iv) conflict with, result in a
        breach
        of or constitute a default under any indenture, agreement or other instrument
        to
        which the Borrower is a party or by which any of its properties may be bound
        or
        any Governmental Approval relating to the Borrower, which could reasonably
        be
        expected to have a Material Adverse Effect, (v) result in or require the
        creation or imposition of any Lien upon or with respect to any property now
        owned or hereafter acquired by the Borrower or (vi) require any consent or
        authorization of, filing with, or other act in respect of, an arbitrator
        or
        Governmental Authority and no consent of any other Person is required in
        connection with the execution, delivery, performance, validity or enforceability
        of this Agreement other than consents, authorizations, filings or other acts
        or
        consents which have been obtained or made and are in full force and effect
        or
        for which the failure to obtain or make could not reasonably be expected
        to have
        a Material Adverse Effect.

       

      
        
          
          

        

        
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      (d)           Compliance
        with Law; Governmental Approvals.  Each of the Borrower and its
        Subsidiaries (i) has all Governmental Approvals required by any Applicable
        Law
        for it to conduct its business, each of which is in full force and effect,
        is
        final and not subject to review on appeal and is not the subject of any pending
        or, to the best of its knowledge, threatened attack by direct or collateral
        proceeding, (ii) is in compliance with each Governmental Approval applicable
        to
        it and in compliance with all other Applicable Laws (including, without
        limitation, all Environmental Laws and the Act) relating to it or any of
        its
        respective properties and (iii) has timely filed all material reports, documents
        and other materials required to be filed by it under all Applicable Laws
        with
        any Governmental Authority and has retained all material records and documents
        required to be retained by it under Applicable Law except in each case under
        this subsection (d) where the failure to have, comply, file or retain could
        not
        reasonably be expected to have a Material Adverse
        Effect.

       

      (e)           Tax
        Returns and Payments.  Each of the Borrower and its Subsidiaries
        has duly filed or caused to be filed all federal, state, local and other
        tax
        returns required by Applicable Law to be filed, and has paid, or made adequate
        provision for the payment of, all federal, state, local and other taxes,
        assessments and governmental charges or levies upon it and its property,
        income,
        profits and assets which are due and payable except for (i) those that are
        being
        diligently contested in good faith by appropriate proceedings and for which
        the
        Borrower or the relevant Subsidiary shall have set aside on its books adequate
        reserves in accordance with GAAP and (ii) filings, taxes and charges as to
        which
        the failure to make or pay could not reasonably be expected to have a Material
        Adverse Effect.

       

      (f)           ERISA.

       

      (i)           Except
        as set forth on Schedule 6.1(f) or as could not reasonably be expected to
        result in a Material Adverse Effect, each Employee Benefit Plan is in material
        compliance with all applicable provisions of ERISA and the regulations and
        published interpretations thereunder except for any required amendments for
        which the remedial amendment period as defined in Section 401(b) or other
        applicable provision of the Code has not yet expired and except where a failure
        to so comply could not reasonably be expected to have a Material Adverse
        Effect;

       

      (ii)           As
        of the Closing Date, no Pension Plan has been terminated that could reasonably
        be expected to result in a Material Adverse Effect, nor has any accumulated
        funding deficiency (as defined in Section 412 of the Code) been incurred
        (without regard to any waiver granted under Section 412 of the Code), nor
        has
        any funding waiver from the Internal Revenue Service been received or requested
        with respect to any Pension Plan, nor has there been any event requiring
        any
        disclosure under Section 4041(c)(3)(C) or 4063(a) of ERISA with respect to
        any
        Pension Plan; and

       

      (iii)           Except
        where the failure of any of the following representations to be correct in
        all
        material respects could not reasonably be expected to have a Material Adverse
        Effect, neither the Borrower nor any ERISA Affiliate has:  (A) engaged
        in a nonexempt prohibited transaction described in Section 406 of the ERISA
        or
        Section 4975 of the Code, (B) incurred any liability to the PBGC which remains
        outstanding other than the payment of premiums and there are no premium payments
        which are due and unpaid, (C) failed to make a required contribution or payment
        to a Multiemployer Plan, or (D) failed to make a required installment or
        other
        required payment under Section 412 of the Code.

       

      
        
          
          

        

        
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      (g)           Margin
        Stock.  The Borrower is not engaged principally or as one of its
        activities in the business of extending credit for the purpose of “purchasing”
or “carrying” any “margin stock” (as each such term is defined or used, directly
        or indirectly, in Regulation U of the Board of Governors of the Federal Reserve
        System).  No part of the proceeds of any of the Loans or Letters of
        Credit will be used in a manner which violates the provisions of Regulation
        T, U
        or X of such Board of Governors.

       

      (h)           Government
        Regulation.  The Borrower is not an “investment company” or a
        company “controlled” by an “investment company” (as each such term is defined or
        used in the Investment Company Act of 1940, as amended) and the Borrower
        is not,
        nor after giving effect to any Extension of Credit will be, subject to
        regulation under the Interstate Commerce Act, as amended, or any other
        Applicable Law which limits its ability to incur the indebtedness or consummate
        the transactions contemplated hereby.

       

      (i)           Financial
        Statements.  The (i) audited financial statements delivered
        pursuant to Section 5.2(d) and (ii) unaudited financial statements
        delivered pursuant to Section 5.2(d), are complete and correct in
        all material respects and fairly present in all material respects on a
        Consolidated basis the assets, liabilities and financial position of the
        Borrower and its Subsidiaries as at such dates, and the results of the
        operations and changes of financial position for the periods then ended (other
        than customary year-end adjustments for unaudited financial
        statements).  All such financial statements, including the related
        schedules and notes thereto, have been prepared in accordance with
        GAAP.  Such financial statements show all material indebtedness and
        other material liabilities, direct or contingent, of the Borrower and its
        Subsidiaries as of the date thereof, including material liabilities for taxes
        and material commitments, in each case, to the extent required to be disclosed
        under GAAP.

       

      (j)           No
        Material Adverse Change.  Since December 31, 2006, there has been
        no event or circumstance, either individually or in the aggregate, that has
        had
        or could reasonably be expected to have a Material Adverse Effect, except
        as
        disclosed in any filings made with the SEC or as otherwise disclosed to the
        Administrative Agent or its Affiliates or each Lender, in each case prior
        to the
        date hereof.

       

      (k)           Litigation.
        Except for matters existing on the Closing Date and set forth on Schedule
        6.1(k) or disclosed in any filings made with the SEC prior to the Closing
        Date (collectively with Schedule 6.1(k), the “Disclosed Litigation
        Matters”), there are no actions, suits or proceedings pending nor, to the
        knowledge of the Borrower, threatened against or in any other way relating
        adversely to or affecting the Borrower or any Subsidiary thereof or any of
        their
        respective properties in any court or before any arbitrator of any kind or
        before or by any Governmental Authority that has had or could reasonably
        be
        expected to have a Material Adverse Effect.

       

       

      
        
          
          

        

        
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      (l)           Absence
        of Defaults.  No event has occurred or is continuing which
        constitutes a Default or an Event of Default.

       

      (m)           OFAC.  None
        of the Borrower, any Subsidiary of the Borrower or any Affiliate of the Borrower
        is in violation of and shall not violate any of the country or list based
        economic and trade sanctions administered and enforced by OFAC that are
        described or referenced at
http://www.ustreas.gov/offices/enforcement/ofac/ or as otherwise
        published from time to time.  The proceeds of any Loan will not be
        used and have not been used to fund any operations in, finance any investments
        or activities in, or make any payments to, a Sanctioned Person or a Sanctioned
        Entity.

       

      (n)           Disclosure.  No
        financial statement, material report, material certificate or other material
        information furnished (whether in writing or orally), taken together as a
        whole
        with all SEC filings made from time to time by the Borrower, by or on behalf
        of
        any of the Borrower or any of its Subsidiaries to the Administrative Agent
        in
        connection with the transactions contemplated hereby and the negotiation
        of this
        Agreement or delivered hereunder (as modified or supplemented by other
        information so furnished) contains any material misstatement of fact or omits
        to
        state any material fact necessary to make the statements therein, in the
        light
        of the circumstances under which they were made, not misleading; provided
        that, with respect to projected financial information, pro forma financial
        information, estimated financial information and other projected or estimated
        information, the Borrower only represents that such information was prepared
        in
        good faith based upon assumptions believed to be reasonable at the
        time.

       

      SECTION
        6.2        Survival of
        Representations and Warranties, Etc.  All representations and
        warranties set forth in this Article VI and all representations and
        warranties contained in any certificate delivered by the Borrower pursuant
        hereto, or any of the Loan Documents (including, but not limited to, any
        such
        representation or warranty made in or in connection with any amendment thereto)
        shall constitute representations and warranties made under this
        Agreement.  All representations and warranties made under this
        Agreement shall be made or deemed to be made at and as of the Closing Date
        (except those that are expressly made as of a specific date), shall survive
        the
        Closing Date and shall not be waived by the execution and delivery of this
        Agreement, any investigation made by or on behalf of the Lenders or any
        borrowing hereunder.

       

      ARTICLE
        VII

       

      FINANCIAL
        INFORMATION AND NOTICES

       

      Until
        all the Loans and accrued Obligations have been paid and satisfied in full
        and
        the Commitments terminated, unless consent has been obtained in the manner
        set
        forth in Section 13.2, the Borrower will furnish or cause to be furnished
        to the Administrative Agent  (and the Administrative Agent shall
        promptly furnish or cause to be furnished to the Lenders) at the Administrative
        Agent’s Office at the address set forth in Section 13.1, or such other
        office as may be designated by the Administrative Agent from time to
        time:

       

      SECTION
        7.1        Financial
        Statements.

       

      (a)           Quarterly
        Financial Statements.  As soon as practicable and in any event
        within one hundred twenty (120) days after the end of each fiscal quarter
        of
        each Fiscal Year, an unaudited Consolidated balance sheet of the Borrower
        and
        its Subsidiaries as of the close of such fiscal quarter and unaudited
        Consolidated 

       

       

      
        
          
          

        

        
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        statements
          of income, retained earnings and cash flows and a report containing management’s
          discussion and analysis of such financial statements for the fiscal quarter
          then
          ended and that portion of the Fiscal Year then ended, including the notes
          thereto, all in reasonable detail setting forth in comparative form the
          corresponding figures as of the end of and for the corresponding period
          in the
          preceding Fiscal Year and prepared by the Borrower in accordance with GAAP
          and,
          if applicable, containing disclosure of the effect on the financial position
          or
          results of operations of any change in the application of accounting principles
          and practices during the period, and certified by the chief financial officer
          of
          the Borrower to present fairly in all material respects the financial condition
          of the Borrower and its Subsidiaries on a Consolidated basis as of their
          respective dates and the results of operations of the Borrower and its
          Subsidiaries for the respective periods then ended, subject to normal year
          end
          adjustments.  Delivery by the Borrower to the Administrative Agent and
          the Lenders of the Borrower’s quarterly report to the SEC on Form 10-Q with
          respect to any fiscal quarter, or the availability of such report on EDGAR
          Online, within the period specified above shall be deemed to be compliance
          by
          the Borrower with this Section 7.1(a).

      

       

      (b)           Annual
        Financial Statements.  As soon as practicable and in any event
        within one hundred fifty (150) days after the end of each Fiscal Year, an
        audited Consolidated balance sheet of the Borrower and its Subsidiaries as
        of
        the close of such Fiscal Year and audited Consolidated statements of income,
        retained earnings and cash flows and a report containing management’s discussion
        and analysis of such financial statements for the Fiscal Year then ended,
        including the notes thereto, all in reasonable detail setting forth in
        comparative form the corresponding figures as of the end of and for the
        preceding Fiscal Year and prepared in accordance with GAAP and, if applicable,
        containing disclosure of the effect on the financial position or results
        of
        operations of any change in the application of accounting principles and
        practices during the year.  Such annual financial statements shall be
        audited by an independent certified public accounting firm, and accompanied
        by a
        report thereon by such certified public accountants that is not qualified
        with
        respect to scope limitations imposed by the Borrower or any of its Subsidiaries
        or with respect to accounting principles followed by the Borrower or any
        of its
        Subsidiaries not in accordance with GAAP.  Delivery by the Borrower to
        the Administrative Agent and the Lenders of the Borrower’s annual report to the
        SEC on Form 10-K with respect to any fiscal year, or the availability of
        such
        report on EDGAR Online, within the period specified above shall be deemed
        to be
        compliance by the Borrower with this Section 7.1(b).

       

      SECTION
        7.2        Officer’s Compliance
        Certificate.  At each time financial statements are delivered
        pursuant to Section 7.1(a) or (b), an Officer’s Compliance
        Certificate.

       

      SECTION
        7.3        Other Reports.
        Promptly upon request, such other information regarding the operations, business
        affairs and financial condition of the Borrower or any of its Subsidiaries
        as
        the Administrative Agent or any Lender (through the Administrative Agent)
        may
        reasonably request.

       

      SECTION
        7.4        Notice of Litigation and
        Other Matters.  Promptly after a Responsible Officer of the
        Borrower obtains knowledge thereof, written notice of:

       

      
        
          
          

        

        
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      (a)           the
        occurrence of any Default;

       

      (b)           the
        commencement of all proceedings and investigations by or before any Governmental
        Authority and all actions and proceedings in any court or before any arbitrator
        against or involving the Borrower or any Subsidiary thereof or any of their
        respective properties, assets or businesses that could reasonably be expected
        to
        have a Material Adverse Effect; and

       

      (c)           any
        announcement by S&P or any Alternative Ratings Source of any change in a
        Debt Rating.

       

      SECTION
        7.5        Accuracy of
        Information.  All written information, reports, statements and
        other papers and data furnished by or on behalf of the Borrower to the
        Administrative Agent or any Lender whether pursuant to this Article VII
        or any other provision of this Agreement, shall, at the time the same is
        so
        furnished and when taken together as a whole with all SEC filings made from
        time
        to time by the Borrower, comply with the representations and warranties set
        forth in Section 6.1(n).

       

      ARTICLE
        VIII

       

      AFFIRMATIVE
        COVENANTS

       

      Until
        all of the Loans and accrued Obligations have been paid and satisfied in
        full
        and the Commitments terminated, unless consent has been obtained in the manner
        provided for in Section 13.2, the Borrower will, and will cause each of
        its Subsidiaries to:

       

      SECTION
        8.1        Preservation of Corporate
        Existence and Related Matters.  Except as permitted by Section
        10.2, preserve and maintain its separate existence and all rights,
        franchises, licenses and privileges necessary to the conduct of its business,
        and qualify and remain authorized to do business in each jurisdiction in
        which
        it is required to do so, except, in each case (other than the existence of
        the
        Borrower), where the failure to comply with the foregoing could not reasonably
        be expected to have a Material Adverse Effect.

       

      SECTION
        8.2        Maintenance of
        Property.  Protect and preserve all properties necessary in and
        material to its business, including copyrights, patents, trade names, service
        marks and trademarks; maintain in good working order and condition, ordinary
        wear and tear excepted, all buildings, equipment and other tangible real
        and
        personal property; and from time to time make or cause to be made all repairs,
        renewals and replacements thereof and additions to such property necessary
        for
        the conduct of its business, so that the business carried on in connection
        therewith may be conducted in a commercially reasonable manner, except, in
        each
        case, for such failures that could not reasonably be expected to have a Material
        Adverse Effect.

       

      SECTION
        8.3        Insurance.  Maintain
        insurance with financially sound and reputable insurance companies or, if
        the
        Borrower deems it consistent with prudent business practices, maintain
        self-insurance, in either case, against such risks and in such amounts as
        are
        customarily maintained by similar businesses and as may be required by
        Applicable Law (including, without limitation, hazard and business interruption
        insurance), and from time to time deliver to the Administrative Agent upon
        its
        request information in reasonable detail as to the insurance then in effect,
        stating the names of the insurance provider, the amounts and rates of the
        insurance, the dates of the expiration thereof and the properties and risks
        covered thereby.

       

      
        
          
          

        

        
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      SECTION
        8.4        Accounting Methods and
        Financial Records.  Maintain a system of accounting, and keep
        proper books, records and accounts (which shall be true and complete in all
        material respects) as may be required or as may be necessary to permit the
        preparation of financial statements in accordance with GAAP and in compliance
        with the regulations of any Governmental Authority having jurisdiction over
        it
        or any of its properties.

       

      SECTION
        8.5        Payment of
        Taxes.  Pay and perform all Taxes, assessments and other
        governmental charges that may be levied or assessed upon it or any of its
        property to the extent the failure to pay any such item (either individually
        or
        together with all other such unpaid items) could reasonably be expected to
        have
        a Material Adverse Effect; provided, that the Borrower or such Subsidiary
        may contest any such item in good faith so long as adequate reserves are
        maintained with respect thereto in accordance with GAAP.

       

      SECTION
        8.6        Compliance With Laws and
        Approvals.  Observe and remain in compliance in all material
        respects with all Applicable Laws (including without limitation, all
        Environmental Laws, ERISA and the Act) and maintain in full force and effect
        all
        Governmental Approvals, in each case applicable to the conduct of its business
        except where the failure to do so could not reasonably be expected to have
        a
        Material Adverse Effect.

       

      SECTION
        8.7       Visits and
        Inspections.  Permit representatives of the Administrative Agent
        or, upon the occurrence and during the continuation of an Event of Default,
        any
        Lender, from time to time upon prior reasonable notice and at such times
        during
        normal business hours, to visit and inspect its properties; and inspect,
        audit
        and make extracts from its books, records and files, including, but not limited
        to, management letters prepared by independent accountants; provided,
        that, unless an Event of Default shall have occurred and be continuing, (a)
        any
        inspection shall be at the Administrative Agent's own expense and (b) such
        inspections, visitations and/or examinations shall be limited to once during
        any
        calendar year.

       

      SECTION
        8.8        Use of
        Proceeds.  The Borrower shall use the proceeds of the Extensions
        of Credit to refinance the Existing Credit Agreement and for working capital
        and
        general corporate purposes of the Borrower and its Subsidiaries, including
        the
        payment of certain fees and expenses incurred in connection with the
        transactions contemplated hereby or by the Loan Documents.

       

      ARTICLE
        IX

       

      FINANCIAL
        COVENANTS

       

      Until
        all of the Loans and accrued Obligations have been paid and satisfied in
        full
        and the Commitments terminated, unless consent has been obtained in the manner
        set forth in Section 13.2, the Borrower and its Subsidiaries on a
        Consolidated basis will not:

       

      SECTION
        9.1        Leverage
        Ratio.  As of any fiscal quarter end, permit the Consolidated
        Leverage Ratio to be greater than 3.00 to 1.00.

       

       

      
        
          
          

        

        
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      ARTICLE
        X

       

      NEGATIVE
        COVENANTS

       

      Until
        all of the Loans and accrued Obligations have been paid and satisfied in
        full
        and the Commitments terminated, unless consent has been obtained in the manner
        set forth in Section 13.2, the Borrower has not and will
        not:

       

      SECTION
        10.1      Limitations on
        Liens.  Permit the Borrower or any Material Subsidiary to create,
        incur, assume or suffer to exist, any Lien on or with respect to any of its
        assets or properties (including, without limitation, shares of Capital Stock
        of
        any other Person), real or personal, whether now owned or hereafter acquired,
        as
        security for Indebtedness, except:

       

      (a)           Liens
        existing on any asset of any Person at the time such Person becomes a Material
        Subsidiary or is merged or consolidated with or into a Material Subsidiary
        which
        (i) were not created in contemplation of or in connection with such event
        and (ii) do not extend to or cover any other property or assets of Borrower
        or
        any Subsidiary;

       

      (b)           (x)
        Liens not otherwise permitted by this Section and in existence on the Closing
        Date and described on Schedule 10.1 and (y) other Liens existing on the
        Closing Date that secure Indebtedness existing on the date hereof the aggregate
        outstanding principal amount of which does not exceed $50,000,000;

       

      (c)           Liens
        securing Indebtedness (a) of any Material Subsidiary owed to the Borrower,
        any
        Subsidiary or any Excluded Subsidiary or (b) incurred or assumed to finance
        the
        acquisition, construction or improvement of any asset, including, without
        limitation, purchase money Liens and Liens evidencing equipment financings
        and
        equipment leases;

       

      (d)           cash
        deposits and securities securing obligations in respect of Hedging
        Agreements;

       

      (e)           any
        extension, renewal or replacement of any Lien permitted by clauses (a) through
        (d); provided that (i) the Liens permitted under this clause shall not (A)
        secure any Indebtedness other than the Indebtedness that was secured by the
        Lien
        being extended, renewed or replaced (or Indebtedness extending, renewing
        or
        replacing such Indebtedness as permitted hereunder) and (B) be extended to
        cover
        any property that was not encumbered by the Lien being extended, renewed
        or
        replaced; and (ii) the principal amount of Indebtedness secured by the Lien
        permitted by this clause shall not be increased over the principal amount
        of
        such Indebtedness immediately prior to such extension, renewal or
        replacement;

       

      (f)           Liens
        securing judgments for the payment of money not constituting an Event of
        Default
        under Section 11.1(m) or securing appeal or other surety bonds related to
        such judgments;

       

      (g)           Liens
        on assets of any Material Subsidiary that is not a Domestic
        Subsidiary;

       

      (h)           Liens
        or rights of set-off in favor of a bank or financial institution in respect
        of a
        bank account maintained with such bank or financial institution;

       

       

      
        
          
          

        

        
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      (i)           Liens
        granted in respect of any Permitted Securitization; and

       

      (j)           Liens
        not otherwise permitted hereunder securing outstanding Indebtedness not at
        any
        time exceeding in the aggregate $300,000,000.

       

      SECTION
        10.2      Limitations on Mergers and
        Liquidation.  Merge, consolidate or enter into any similar
        combination with any other Person or liquidate, wind-up or dissolve itself
        (or
        suffer any liquidation or dissolution) except:

       

      (a)           any
        Subsidiary of the Borrower may be merged or consolidated or enter into any
        similar combination with or into the Borrower or any Subsidiary of the Borrower
        (provided that the Borrower shall be the continuing or surviving Person
        of any such merger, consolidation or similar combination to which it is a
        party);

       

      (b)           any
        Subsidiary may sell, lease, transfer or otherwise dispose of any or all of
        its
        assets in respect of a liquidation to the Borrower or any
        Subsidiary;

       

      (c)           the
        Borrower or any Subsidiary of the Borrower may merge, consolidate or enter
        into
        any similar combination with or into another Person (other than the Borrower)
        in
        connection with an acquisition so long as the survivor of such merger,
        consolidation or similar combination is the Borrower or any such Subsidiary
        thereof;

       

      (d)           any
        Subsidiary of the Borrower may wind-up into the Borrower or any Subsidiary
        of
        the Borrower; and

       

      (e)           mergers,
        consolidations or similar combinations of a Subsidiary of the Borrower with
        a
        third-party as part of a sale or other disposition of all or any part of
        such
        Subsidiary not prohibited by Section 10.3 hereof.

       

      SECTION
        10.3      Sale of All or Substantially All
        Assets.  Sell, lease, transfer or otherwise dispose of all or
        substantially all of its assets, in each case for the Borrower and its
        Subsidiaries taken as a whole, unless any such sale, lease, transfer or other
        disposition is made on an arms-length basis for fair consideration (as
        reasonably determined by the Borrower).

       

      SECTION
        10.4      Nature of
        Business.  Engage, together with its Subsidiaries, in any business
        as their principal lines of business, taken as a whole, other than the principal
        lines of business engaged in by the Borrower and its Subsidiaries, taken
        as a
        whole, on the date hereof and similar or related businesses.

       

       

      
        
          
          

        

        
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      ARTICLE
        XI

       

      DEFAULT
        AND REMEDIES

       

      SECTION
        11.1      Events of
        Default.  Each of the following shall constitute an Event of
        Default, whatever the reason for such event and whether it shall be voluntary
        or
        involuntary or be effected by operation of law or pursuant to any judgment
        or
        order of any court or any order, rule or regulation of any Governmental
        Authority or otherwise:

       

      (a)           Default
        in Payment of Principal of Loans.  The Borrower shall default in
        any payment of principal of any Loan when and as due (whether at maturity,
        by
        reason of acceleration or otherwise).

       

      (b)           Other
        Payment Default.  The Borrower shall default in the payment when
        and as due (whether at maturity, by reason of acceleration or otherwise)
        of any
        Reimbursement Obligation or interest on any Loan or Reimbursement Obligation
        or
        the payment of any other Obligation, and such default shall continue for
        a
        period of three (3) Business Days.

       

      (c)           Misrepresentation.  Any
        representation, warranty, certification or statement of fact made or deemed
        made
        by or on behalf of the Borrower herein, in any other Loan Document, or in
        any
        document delivered in connection herewith or therewith shall be incorrect
        or
        misleading in any material respect when made or deemed made.

       

      (d)           Default
        in Performance of Certain Covenants.  The Borrower shall default
        in the performance or observance of any covenant or agreement contained in
        Section 7.1, 7.2, 7.4(a) or Article IX, and, in the
        case of a default in the performance or observance of any covenant or agreement
        contained in Article X, such default shall continue for a period of ten
        (10) Business Days.

       

      (e)           Default
        in Performance of Other Covenants and Conditions.  The Borrower
        shall default in the performance or observance of any term, covenant, condition
        or agreement contained in this Agreement (other than as specifically provided
        for otherwise in this Section) or any other Loan Document and such default
        shall
        continue for a period of thirty (30) days after written notice thereof has
        been
        given to the Borrower by the Administrative Agent.

       

      (f)           Hedging
        Agreement.  The Borrower shall default in the performance or
        observance of any terms, covenant, condition or agreement (after giving effect
        to any applicable grace or cure period) under any Hedging Agreement and such
        default causes the termination of such Hedging Agreement and the Termination
        Value owed by the Borrower as a result thereof exceeds
        $100,000,000.

       

      (g)           Indebtedness
        Cross-Default; Indebtedness Cross-Acceleration.  The Borrower
        shall (i)  fail to pay any principal or interest, regardless of
        amount, due in respect of any Indebtedness (other than the Loans or any
        Reimbursement Obligations) the aggregate outstanding amount of which is in
        excess of $100,000,000 and such failure to pay shall continue for a period
        beyond the greater of (x) any period of grace provided with respect thereto
        and
        (y) a period of three (3) Business Days or (ii) default in the observance
        or
        performance of any agreement or condition relating to any Indebtedness (other
        than the Loans or any Reimbursement Obligation) the aggregate outstanding
        amount
        of which Indebtedness is in excess of $100,000,000 or
        contained in any instrument or agreement evidencing, securing or relating
        thereto or any other event shall occur or condition exist, the effect of
        which
        default or other event or condition is to cause such Indebtedness to become
        due
        prior to its stated maturity (any applicable grace period having
        expired).

       

      
        
          
          

        

        
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      (h)           Change
        in Control.  Any Change in Control shall occur.

       

      (i)           Voluntary
        Bankruptcy Proceeding.  The Borrower or any Material Subsidiary
        thereof shall (i) commence a voluntary case under the federal bankruptcy
        laws
        (as now or hereafter in effect), (ii) file a petition seeking to take advantage
        of any other laws, domestic or foreign, relating to bankruptcy, insolvency,
        reorganization, winding up or composition for adjustment of debts, (iii)
        consent
        to or fail to contest in a timely and appropriate manner any petition filed
        against it in an involuntary case under such bankruptcy laws or other laws,
        (iv)
        apply for or consent to, or fail to contest in a timely and appropriate manner,
        the appointment of, or the taking of possession by, a receiver, custodian,
        trustee, or liquidator of itself or of a substantial part of its property,
        domestic or foreign, (v) admit in writing its inability to pay its debts
        as they
        become due, (vi) make a general assignment for the benefit of creditors,
        or
        (vii) take any corporate action for the purpose of authorizing any of the
        foregoing.

       

      (j)           Involuntary
        Bankruptcy Proceeding.  A case or other proceeding shall be
        commenced against the Borrower or any Material Subsidiary thereof in any
        court
        of competent jurisdiction seeking (i) relief under the federal bankruptcy
        laws
        (as now or hereafter in effect) or under any other laws, domestic or foreign,
        relating to bankruptcy, insolvency, reorganization, winding up or adjustment
        of
        debts, or (ii) the appointment of a trustee, receiver, custodian, liquidator
        or
        the like for the Borrower or any Material Subsidiary thereof or for all or
        any
        substantial part of their respective assets, domestic or foreign, and such
        case
        or proceeding shall continue without dismissal or stay for a period of sixty
        (60) consecutive days, or an order granting the relief requested in such
        case or
        proceeding (including, but not limited to, an order for relief under such
        federal bankruptcy laws) shall be entered.

       

      (k)           Failure
        of Agreements.  Any provision of this Agreement or any provision
        of any other Loan Document shall for any reason cease to be valid and binding
        on
        the Borrower party thereto or any such Person shall so state in
        writing.

       

      (l)           Termination
        Event.  The occurrence of any of the following
        events:  (i) an accumulated funding deficiency in excess of
        $100,000,000 occurs or exists, whether or not waived, with respect to any
        Pension Plan, (ii) a Termination Event or (iii) Borrower or any ERISA Affiliate
        as employers under one or more Multiemployer Plans makes a complete or partial
        withdrawal from any such Multiemployer Plan and the plan sponsor of such
        Multiemployer Plans notifies such withdrawing employer that such employer
        has
        incurred a withdrawal liability requiring payments in an amount exceeding
        $100,000,000.

       

      (m)           Judgment.  A
        judgment or order for the payment of money which causes the aggregate amount,
        not covered by any indemnifications under the Merrill Lynch Merger Agreement
        or
        insurance (which such coverage has not been denied in writing), of all such
        judgments to exceed $100,000,000 in any Fiscal Year shall be entered against
        the
        Borrower by any court and such judgment or order shall continue without having
        been discharged, vacated or stayed for a period of forty-five (45) consecutive
        days after the entry thereof.

       

      
        
          
          

        

        
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      SECTION
        11.2      Remedies.  Upon the
        occurrence of an Event of Default, with the consent of the Required Lenders,
        the
        Administrative Agent may, or upon the request of the Required Lenders, the
        Administrative Agent shall, by notice to the Borrower:

       

      (a)           Acceleration;
        Termination of Facilities.  Terminate the Commitments and declare
        the principal of and interest on the Loans and the Reimbursement Obligations
        at
        the time outstanding, and all other amounts owed to the Lenders and to the
        Administrative Agent under this Agreement or any of the other Loan Documents
        (including, without limitation, all L/C Obligations, whether or not the
        beneficiaries of the then outstanding Letters of Credit shall have presented
        or
        shall be entitled to present the documents required thereunder) and all other
        Obligations, to be forthwith due and payable, whereupon the same shall
        immediately become due and payable without presentment, demand, protest or
        other
        notice of any kind, all of which are expressly waived by the Borrower, anything
        in this Agreement or the other Loan Documents to the contrary notwithstanding,
        and terminate the Credit Facility and any right of the Borrower to request
        borrowings or Letters of Credit thereunder; provided, that upon the
        occurrence of an Event of Default specified in Section 11.1(i) or
(j), the Credit Facility shall be automatically terminated and
        all
        Obligations shall automatically become due and payable without presentment,
        demand, protest or other notice of any kind, all of which are expressly waived
        by Borrower, anything in this Agreement or in any other Loan Document to
        the
        contrary notwithstanding.

       

      (b)           Letters
        of Credit.  With respect to all Letters of Credit with respect to
        which all or a portion of the face amount remains undrawn and outstanding
        at the
        time of an acceleration pursuant to the preceding paragraph, the Borrower
        shall
        at such time deposit in a cash collateral account opened by the Administrative
        Agent an amount equal to the aggregate then undrawn and unexpired amount
        of such
        Letters of Credit.  Amounts held in such cash collateral account shall
        be applied by the Administrative Agent to the payment of drafts drawn under
        such
        Letters of Credit, and the unused portion thereof after all such Letters
        of
        Credit shall have expired or been fully drawn upon, if any, shall be applied
        to
        repay the other Obligations on a pro rata basis.  After all
        such Letters of Credit shall have expired or been fully drawn upon, the
        Reimbursement Obligation shall have been satisfied and all other Obligations
        shall have been paid in full, the balance, if any, in such cash collateral
        account shall be returned to the Borrower.

       

      (c)           Rights
        of Collection.  Exercise on behalf of the Lenders all of its other
        rights and remedies under this Agreement, the other Loan Documents and
        Applicable Law, in order to satisfy all of the Borrower’s
        Obligations.

       

      SECTION
        11.3      Rights and Remedies Cumulative;
        Non-Waiver; etc.  The enumeration of the rights and remedies of
        the Administrative Agent and the Lenders set forth in this Agreement is not
        intended to be exhaustive and the exercise by the Administrative Agent and
        the
        Lenders of any right or remedy shall not preclude the exercise of any other
        rights or remedies, all of which shall be cumulative, and shall be in addition
        to any other right or remedy given hereunder or under the other Loan Documents
        or that may now or hereafter exist at law or in equity or by suit or
        otherwise.  No delay or failure to take action on the part of the

       

       

      
        
          
          

        

        
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        Administrative
          Agent or any Lender in exercising any right, power or privilege shall operate
          as
          a waiver thereof, nor shall any single or partial exercise of any such
          right,
          power or privilege preclude any other or further exercise thereof or the
          exercise of any other right, power or privilege or shall be construed to
          be a
          waiver of any Event of Default.  No course of dealing between
          the  Borrower, the Administrative Agent and the Lenders or their
          respective agents or employees shall be effective to change, modify or
          discharge
          any provision of this Agreement or any of the other Loan Documents or to
          constitute a waiver of any Event of Default.

      

       

      SECTION
        11.4      Judgment Currency.  The
        obligation of the Borrower to make payments of the principal of and interest
        on
        the Loans and the obligation of the Borrower to make payments of any other
        amounts payable hereunder or pursuant to any other Loan Document in the currency
        specified for such payment shall not be discharged or satisfied by any tender,
        or any recovery pursuant to any judgment, which is expressed in or converted
        into any other currency, except to the extent that such tender or recovery
        shall
        result in the actual receipt by each of the Administrative Agent and Lenders
        of
        the full amount of the particular currency expressed to be payable pursuant
        to
        the applicable Loan Document.  The Administrative Agent shall, using
        all amounts obtained or received from the Borrower pursuant to any such tender
        or recovery in payment of principal of and interest on the Obligations, promptly
        purchase the applicable currency at the most favorable spot exchange rate
        for
        the Borrower as determined by the Administrative Agent to be available to
        it.  The obligation of the Borrower to make payments in the applicable
        currency shall be enforceable as an alternative or additional cause of action
        solely for the purpose of recovering in the applicable currency the amount,
        if
        any, by which such actual receipt shall fall short of the full amount of
        the
        currency expressed to be payable pursuant to the applicable Loan
        Document.

       

      SECTION
        11.5     Crediting of Payments and
        Proceeds.  In the event that the Borrower shall fail to pay any of
        the Obligations when due and the Obligations have been accelerated pursuant
        to
Section 11.2, all payments received by the Lenders upon the Obligations
        and all net proceeds from the enforcement of the Obligations shall be
        applied:

       

      First,
        to payment of that portion of the Obligations constituting fees, indemnities,
        expenses and other amounts, including attorney fees, payable to the
        Administrative Agent in its capacity as such and the Issuing Lender in its
        capacity as such (ratably among the Administrative Agent and the Issuing
        Lender
        in proportion to the respective amounts described in this clause First
        payable to them);

       

      Second,
        to payment of that portion of the Obligations constituting fees, indemnities
        and
        other amounts (other than principal, interest and letter of credit commissions
        payable under Section 3.3(a)) payable to the Lenders, including attorney
        fees (ratably among the Lenders in proportion to the respective amounts
        described in this clause Second payable to them);

       

       

      
        
          
          

        

        
          67

          
            

          

        

        
          
          

        

      

       

      Third,
        to payment of that portion of the Obligations constituting accrued and unpaid
        interest on the Loans, letter of credit commissions payable under Section
        3.3(a) and Reimbursement Obligations (ratably among the Lenders in
        proportion to the respective amounts described in this clause Third
        payable to them);

       

      Fourth,
        to payment of that portion of the Obligations constituting unpaid principal
        of
        the Loans and Reimbursement Obligations (ratably among the Lenders in proportion
        to the respective amounts described in this clause Fourth held by
        them);

       

      Fifth,
        to the Administrative Agent for the account of the Issuing Lender, to cash
        collateralize any L/C Obligations then outstanding; and

       

      Last,
        the balance, if any, after all of the Obligations have been indefeasibly
        paid in
        full, to the Borrower or as otherwise required by Applicable Law.

       

      SECTION
        11.6     Administrative Agent May File Proofs of
        Claim.  In case of the pendency of any receivership, insolvency,
        liquidation, bankruptcy, reorganization, arrangement, adjustment, composition
        or
        other judicial proceeding relative to the Borrower, the Administrative Agent
        (irrespective of whether the principal of any Loan or L/C Obligation shall
        then
        be due and payable as herein expressed or by declaration or otherwise and
        irrespective of whether the Administrative Agent shall have made any demand
        on
        the Borrower) shall be entitled and empowered, by intervention in such
        proceeding or otherwise:

       

      (a)           to
        file and prove a claim for the whole amount of the principal and interest
        owing
        and unpaid in respect of the Loans, L/C Obligations and all other Obligations
        that are owing and unpaid and to file such other documents as may be necessary
        or advisable in order to have the claims of the Lenders and the Administrative
        Agent (including any claim for the reasonable compensation, expenses,
        disbursements and advances of the Lenders and the Administrative Agent and
        their
        respective agents and counsel and all other amounts due the Lenders and the
        Administrative Agent under Sections 3.3, 4.3 and 13.3) allowed in
        such judicial proceeding; and

       

      (b)           to
        collect and receive any monies or other property payable or deliverable on
        any
        such claims and to distribute the same;

       

      and
        any custodian, receiver, assignee, trustee, liquidator, sequestrator or other
        similar official in any such judicial proceeding is hereby authorized by
        each
        Lender to make such payments to the Administrative Agent and, in the event
        that
        the Administrative Agent shall consent to the making of such payments directly
        to the Lenders, to pay to the Administrative Agent any amount due for the
        reasonable compensation, expenses, disbursements and advances of the
        Administrative Agent and its agents and counsel, and any other amounts due
        the
        Administrative Agent under Sections 4.3 and 13.3.

       

      Nothing
        contained herein shall be deemed to authorize the Administrative Agent to
        authorize or consent to or accept or adopt on behalf of any Lender any plan
        of
        reorganization, arrangement, adjustment or composition affecting the Obligations
        or the rights of any Lender or to authorize the Administrative Agent to vote
        in
        respect of the claim of any Lender in any such proceeding.

       

      ARTICLE
        XII

       

      THE
        ADMINISTRATIVE AGENT

       

      SECTION
        12.1      Appointment and
        Authority.  Each of the Lenders and the Issuing Lender hereby
        irrevocably appoints Wachovia to act on its behalf as the Administrative
        Agent
        hereunder and under the other Loan Documents and authorizes the Administrative
        Agent to take such actions on its behalf and to exercise 

       

      
        
          
          

        

        
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        such
          powers as are delegated to the Administrative Agent by the terms hereof
          or
          thereof, together with such actions and powers as are reasonably incidental
          thereto.  The provisions of this Article are solely for the benefit of
          the Administrative Agent, the Lenders and the Issuing Lender, and neither
          the
          Borrower nor any Subsidiary thereof shall have rights as a third party
          beneficiary of any of such provisions.

      

       

      SECTION
        12.2      Rights as a
        Lender.  The Person serving as the Administrative Agent hereunder
        shall have the same rights and powers in its capacity as a Lender as any
        other
        Lender and may exercise the same as though it were not the Administrative
        Agent
        and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated
        or unless the context otherwise requires, include the Person serving as the
        Administrative Agent hereunder in its individual capacity.  Such
        Person and its Affiliates may accept deposits from, lend money to, act as
        the
        financial advisor or in any other advisory capacity for and generally engage
        in
        any kind of business with the Borrower or any Subsidiary or other Affiliate
        thereof as if such Person were not the Administrative Agent hereunder and
        without any duty to account therefor to the Lenders.

       

      SECTION
        12.3      Exculpatory
        Provisions.  The Administrative Agent shall not have any duties or
        obligations except those expressly set forth herein and in the other Loan
        Documents.  Without limiting the generality of the foregoing, the
        Administrative Agent:

       

      (a)           shall
        not be subject to any fiduciary or other implied duties, regardless of whether
        a
        Default has occurred and is continuing;

       

      (b)           shall
        not have any duty to take any discretionary action or exercise any discretionary
        powers, except discretionary rights and powers expressly contemplated hereby
        or
        by the other Loan Documents that the Administrative Agent is required to
        exercise as directed in writing by the Required Lenders (or such other number
        or
        percentage of the Lenders as shall be expressly provided for herein or in
        the
        other Loan Documents), provided that the Administrative Agent shall not
        be required to take any action that, in its opinion or the opinion of its
        counsel, may expose the Administrative Agent to liability or that is contrary
        to
        any Loan Document or Applicable Law; and

       

      (c)           shall
        not, except as expressly set forth herein and in the other Loan Documents,
        have
        any duty to disclose, and shall not be liable for the failure to disclose,
        any
        information relating to the Borrower or any of its Affiliates that is
        communicated to or obtained by the Person serving as the Administrative Agent
        or
        any of its Affiliates in any capacity.

       

      The
        Administrative Agent shall not be liable for any action taken or not taken
        by it
        (i) with the consent or at the request of the Required Lenders (or such
        other number or percentage of the Lenders as shall be necessary, or as the
        Administrative Agent shall believe in good faith shall be necessary, under
        the
        circumstances as provided in Section 11.2 and Section 13.2)
        or (ii) in the absence of its own gross negligence or willful misconduct as
        determined by a court of competent jurisdiction by final nonappealable
        judgment.  The Administrative Agent shall be deemed not to have
        knowledge of any Default unless and until notice describing such Default
        is
        given to the Administrative Agent by the Borrower, a Lender or the Issuing
        Lender.

       

      
        
          
          

        

        
          69

          
            

          

        

        
          
          

        

      

       

      The
        Administrative Agent shall not be responsible for or have any duty to ascertain
        or inquire into (i) any statement, warranty or representation made in or in
        connection with this Agreement or any other Loan Document, (ii) the
        contents of any certificate, report or other document delivered hereunder
        or
        thereunder or in connection herewith or therewith, (iii) the performance or
        observance of any of the covenants, agreements or other terms or conditions
        set
        forth herein or therein or the occurrence of any Default, (iv) the
        validity, enforceability, effectiveness or genuineness of this Agreement,
        any
        other Loan Document or any other agreement, instrument or document or
        (v) the satisfaction of any condition set forth in Article V or
        elsewhere herein, other than to confirm receipt of items expressly required
        to
        be delivered to the Administrative Agent.

       

      SECTION
        12.4      Reliance by the Administrative
        Agent.  The Administrative Agent shall be entitled to rely upon,
        and shall not incur any liability for relying upon, any notice, request,
        certificate, consent, statement, instrument, document or other writing
        (including any electronic message, Internet or intranet website posting or
        other
        distribution) believed by it to be genuine and to have been signed, sent
        or
        otherwise authenticated by the proper Person.  The Administrative
        Agent also may rely upon any statement made to it orally or by telephone
        and
        believed by it to have been made by the proper Person, and shall not incur
        any
        liability for relying thereon.  In determining compliance with any
        condition hereunder to the making of a Loan, or the issuance of a Letter
        of
        Credit, that by its terms must be fulfilled to the satisfaction of a Lender
        or
        the Issuing Lender, the Administrative Agent may presume that such condition
        is
        satisfactory to such Lender or the Issuing Lender unless the Administrative
        Agent shall have received notice to the contrary from such Lender or the
        Issuing
        Lender prior to the making of such Loan or the issuance of such Letter of
        Credit.  The Administrative Agent may consult with legal counsel (who
        may be counsel for the Borrower), independent accountants and other experts
        selected by it, and shall not be liable for any action taken or not taken
        by it
        in accordance with the advice of any such counsel, accountants or
        experts.

       

      SECTION
        12.5      Delegation of
        Duties.  The Administrative Agent may perform any and all of its
        duties and exercise its rights and powers hereunder or under any other Loan
        Document by or through any one or more sub-agents appointed by the
        Administrative Agent.  The Administrative Agent and any such sub-agent
        may perform any and all of its duties and exercise its rights and powers
        by or
        through their respective Related Parties.  The exculpatory provisions
        of this Article shall apply to any such sub-agent and to the Related Parties
        of
        the Administrative Agent and any such sub-agent, and shall apply to their
        respective activities in connection with the syndication of the credit
        facilities provided for herein as well as activities as Administrative
        Agent.

       

      SECTION
        12.6      Resignation of Administrative
        Agent.

       

      (a)           The
        Administrative Agent may at any time give notice of its resignation to the
        Lenders, the Issuing Lender and the Borrower.  Upon receipt of any
        such notice of resignation, the Required Lenders shall have the right, in
        consultation with the Borrower, to appoint a successor, which shall be a
        bank
        with an office in the United States, or an Affiliate of any such bank with
        an
        office in the United States, that, in any such case (except when an Event
        of
        Default has occurred and is continuing) is reasonably satisfactory to the
        Borrower.  If no such successor shall have been so appointed by the
        Required Lenders and shall have accepted such appointment within thirty (30)
        days after the retiring Administrative Agent gives notice of its resignation,
        then the retiring Administrative Agent may, on behalf of the 

       

      
        
          
          

        

        
          70

          
            

          

        

        
          
          

        

         

        Lenders
          and the Issuing Lender, appoint a successor Administrative Agent meeting
          the
          qualifications (including the Borrower’s reasonable satisfaction, except when an
          Event of Default has occurred and is continuing) set forth above; provided
          that
          if the Administrative Agent shall notify the Borrower and the Lenders that
          no
          qualifying Person has accepted such appointment, then such resignation
          shall
          nonetheless become effective in accordance with such notice and (i) the
          retiring
          Administrative Agent shall be discharged from its duties and obligations
          hereunder and under the other Loan Documents and (ii) all payments,
          communications and determinations provided to be made by, to or through
          the
          Administrative Agent shall instead be made by or to each Lender and the
          Issuing
          Lender directly, until such time as the Required Lenders appoint a successor
          Administrative Agent as provided for above in this paragraph.  Upon
          the acceptance of a successor’s appointment as Administrative Agent hereunder,
          such successor shall succeed to and become vested with all of the rights,
          powers, privileges and duties of the retiring (or retired) Administrative
          Agent,
          and the retiring (or retired) Administrative Agent shall be discharged
          from all
          of its duties and obligations hereunder or under the other Loan Documents
          (if
          not already discharged therefrom as provided above in this
          paragraph).  The fees payable by the Borrower to a successor
          Administrative Agent shall be the same as those payable to its predecessor
          unless otherwise agreed between the Borrower and such
          successor.  After the retiring Administrative Agent’s resignation
          hereunder and under the other Loan Documents, the provisions of this Article and
Section 13.3 shall continue in effect for the benefit of such retiring
          Administrative Agent, its sub-agents and their respective Related Parties
          in
          respect of any actions taken or omitted to be taken by any of them while
          the
          retiring Administrative Agent was acting as Administrative
          Agent.

      

       

      (b)           Any
        resignation by Wachovia as Administrative Agent pursuant to this Section
        shall
        also constitute its resignation as Issuing Lender and Swingline
        Lender.  Upon the acceptance of a successor’s appointment as
        Administrative Agent hereunder, (a) such successor shall succeed to and become
        vested with all of the rights, powers, privileges and duties of the retiring
        Issuing Lender and Swingline Lender, (b) the retiring Issuing Lender and
        Swingline Lender shall be discharged from all of their respective duties
        and
        obligations hereunder or under the other Loan Documents and (c) the successor
        Issuing Lender shall issue letters of credit in substitution for the Letters
        of
        Credit, if any, outstanding at the time of such succession or make other
        arrangement satisfactory to the retiring Issuing Lender to effectively assume
        the obligations of the retiring Issuing Lender with respect to such Letters
        of
        Credit.

       

      SECTION
        12.7      Non-Reliance on Administrative Agent
        and Other Lenders.  Each Lender and the Issuing Lender
        acknowledges that it has, independently and without reliance upon the
        Administrative Agent or any other Lender or any of their Related Parties
        and
        based on such documents and information as it has deemed appropriate, made
        its
        own credit analysis and decision to enter into this Agreement.  Each
        Lender and the Issuing Lender also acknowledges that it will, independently
        and
        without reliance upon the Administrative Agent or any other Lender or any
        of
        their Related Parties and based on such documents and information as it shall
        from time to time deem appropriate, continue to make its own decisions in
        taking
        or not taking action under or based upon this Agreement, any other Loan Document
        or any related agreement or any document furnished hereunder or
        thereunder.

       

      
        
          
          

        

        
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      SECTION
        12.8      No Other Duties,
        etc.  Anything herein to the contrary notwithstanding, none of the
        syndication agents, documentation agents, co-agents, book manager, lead manager,
        arranger, lead arranger or co-arranger listed on the cover page or signature
        pages hereof shall have any powers, duties or responsibilities under this
        Agreement or any of the other Loan Documents, except in its capacity, as
        applicable, as the Administrative Agent, a Lender or the Issuing Lender
        hereunder.

       

      SECTION
        12.9      Resignation of Japanese Yen
        Lender.  Notwithstanding anything to the contrary contained
        herein, the Japanese Yen Lender may, upon thirty (30) days’ notice to the
        Borrower and the Administrative Agent, resign as the Japanese Yen Lender
        hereunder.  In the event of any such resignation, the Borrower shall
        be entitled to appoint from among the Lenders (or an Eligible Assignee) a
        successor Japanese Yen Lender hereunder; provided that no failure by the
        Borrower to appoint any such successor shall affect the resignation of the
        Japanese Yen Lender.  The resigning Japanese Yen Lender shall retain
        all the rights of the Japanese Yen Lender provided for hereunder with respect
        to
        Japanese Yen Loans made by it and outstanding as of the effective date of
        such
        resignation, including the right to require the Revolving Credit Lenders
        to make
        Revolving Credit Loans or fund risk participations in outstanding Japanese
        Yen
        Loans pursuant to Section 2.2(b); provided that (A) no Revolving
        Credit Lender shall be required to accept such appointment as successor Japanese
        Yen Lender; (B) any successor Japanese Yen Lender shall be approved by the
        Administrative Agent (such approval not to be unreasonably withheld or delayed);
        and (C) until a Revolving Credit Lender or Eligible Assignee shall have notified
        the Administrative Agent and the current Japanese Yen Lender in writing that
        it
        has agreed to act as a successor Japanese Yen Lender, the current Japanese
        Yen
        Lender shall continue as Japanese Yen Lender hereunder.  Upon the
        acceptance of any appointment as Japanese Yen Lender hereunder by a successor,
        such successor Japanese Yen Lender shall thereupon succeed to and become
        vested
        with all rights, powers, privileges and duties of the Japanese Yen Lender,
        and
        the current Japanese Yen Lender shall be discharged from its duties and
        obligations in its capacity as Japanese Yen Lender without any other or further
        act or deed on the part of the current Japanese Yen Lender or any other
        Lender.

       

       

      ARTICLE
        XIII

       

      MISCELLANEOUS

      SECTION
        13.1      Notices.

       

      (a)           Method
        of Communication.  Except as otherwise provided in this Agreement,
        all notices and communications hereunder shall be in writing (for purposes
        hereof, the term “writing” shall include information in electronic format such
        as electronic mail and internet web pages).  Any notice shall be
        effective if delivered by hand delivery or sent via electronic mail, posting
        on
        an internet web page, telecopy, recognized overnight courier service or
        certified mail, return receipt requested, and shall be presumed to be received
        by a party hereto (i) on the date of delivery if delivered by hand or sent
        by
        electronic mail, posting on an internet web page, telecopy, (ii) on the next
        Business Day if sent by recognized overnight courier service and (iii) on
        the
        third Business Day following the date sent by 

       

      
        
          
          

        

        
          72

          
            

          

        

        
          
          

        

         

        certified
          mail, return receipt requested; provided, that any notice given pursuant
          to Article XI shall be effective only if delivered by hand or sent via
          telecopy, recognized overnight courier service or certified mail, return
          receipt
          requested.  A telephonic notice to the Administrative Agent as
          understood by the Administrative Agent will be deemed to be the controlling
          and
          proper notice in the event of a discrepancy with or failure to receive
          a
          confirming written notice.

      

       

      (b)           Addresses
        for Notices.  Notices to any party shall be sent to it at the
        following addresses, or any other address as to which all the other parties
        are
        notified in writing.

       

      
        	 	
                If
                  to the Borrower:

              	
                BlackRock,
                  Inc.

                40
                  East 52nd
                  Street

                New
                  York, NY  10022

                Attention:  Ann
                  Marie Petach, Managing Director and Head of Business Finance

                Telephone
                  No.:  (212) 810-8386

                Telecopy
                  No.:  (212) 810-8765

              
	 	 	 
	 	
                With
                  copies to:

              	
                BlackRock,
                  Inc.

                40
                  East 52nd
                  Street

                New
                  York, NY  10022

                Attention:
                  Robert P. Connolly, Esquire, General Counsel

                Telephone
                  No.:  (212) 810-3743

                Telecopy
                  No.:   (212) 810-3744

              
	 	 	 
	 	 	
                BlackRock,
                  Inc.

                40
                  East 52nd
                  Street

                New
                  York, NY 10022

                Attention:
                  Armando Gochuico, Director and Treasurer

                Telephone
                  No.: (212) 810-5208

                Telecopy
                  No.: (212) 810-8765

              
	 	 	 

      

       

      
        
          
          

        

        
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                If
                  to Wachovia as 

                Administrative
                  Agent:

              	
                Wachovia
                  Bank, National Association

                Charlotte
                  Plaza, CP-8

                201
                  South College Street

                Charlotte,
                  North Carolina 28288-0680

                Attention:  Syndication
                  Agency Services

                Telephone
                  No.:  (704) 374-2698

                Telecopy
                  No.:  (704) 383-0288

              
	 	 	 
	 	
                With
                  copies to:

              	
                Wachovia
                  Bank, National Association

                301
                  South College Street

                Charlotte,
                  North Carolina 28202-6000

                Attention:
                  Will Goley

                Telephone
                  No.:  (704) 383-8180

                Telecopy
                  No.:  (704) 383-7611

              
	 	 	 
	 	
                If
                  to any Lender:

              	
                To
                  the address set forth on the
                  Register

              

      

      

      (c)           Administrative
        Agent’s Office.  The Administrative Agent hereby designates its
        office located at the address set forth above, or any subsequent office which
        shall have been specified for such purpose by written notice to the Borrower
        and
        Lenders, as the Administrative Agent’s Office referred to herein, to which
        payments due are to be made and at which Loans will be disbursed and Letters
        of
        Credit requested.

       

      SECTION
        13.2      Amendments, Waivers and
        Consents.  Except as set forth below or as specifically provided
        in any Loan Document, any term, covenant, agreement or condition of this
        Agreement or any of the other Loan Documents may be amended or waived by
        the
        Lenders, and any consent given by the Lenders, if, but only if, such amendment,
        waiver or consent is in writing signed by the Required Lenders (or by the
        Administrative Agent with the consent of the Required Lenders) and delivered
        to
        the Administrative Agent and, in the case of an amendment, signed by the
        Borrower; provided, that no amendment, waiver or consent
        shall:

       

      (a)           extend
        or increase the Commitment of any Lender (or reinstate any Commitment terminated
        pursuant to Section 11.2) or the amount of Loans of any Lender without
        the written consent of such Lender;

       

      (b)           postpone
        any date fixed by this Agreement or any other Loan Document for any payment
        of
        principal, interest, fees or other amounts due to the Lenders (or any of
        them)
        hereunder or under any other Loan Document without the written consent of
        each
        Lender directly affected thereby;

       

      (c)           reduce
        the principal of, or the rate of interest specified herein on, any Loan or
        Reimbursement Obligation, or (subject to clause (v) of the second proviso
        to
        this Section) any fees or other amounts payable hereunder or under any other
        Loan Document without the written consent of each Lender directly affected
        thereby; provided that only the consent of the Required Lenders shall be
        necessary to waive any obligation of the Borrower to pay interest at the
        rate
        set forth in Section 4.1(c) during the continuance of an Event of
        Default;

       

       

      
        
          
          

        

        
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      (d)           permit
        the Issuing Lender to issue any Letter of Credit that expires on a date later
        than the fifth (5th) Business
        Day prior
        to the Maturity Date without the written consent of each Revolving Credit
        Lender, unless cash-collateralized in a manner reasonably acceptable to the
        Issuing Lender;

       

      (e)           change
        Section 4.4, 4.6 or 11.5 in a manner that would alter the
pro rata sharing of payments required thereby without
        the written consent
        of each Lender;

       

      (f)           change
        any provision of this Section or the definition of “Required Lenders” or any
        other provision hereof specifying the number or percentage of Lenders required
        to amend, waive or otherwise modify any rights hereunder or make any
        determination or grant any consent hereunder, without the written consent
        of
        each Lender; or

       

      (h)           change
        the definitions of Alternative Currency or Permitted Currency without the
        written consent of each Revolving Credit Lender;

       

      provided
        further, that (i) no amendment, waiver or consent shall, unless in writing
        and signed by the Issuing Lender in addition to the Lenders required above,
        affect the rights or duties of the Issuing Lender under this Agreement or
        any
        Letter of Credit Application relating to any Letter of Credit issued or to
        be
        issued by it; (ii) no amendment, waiver or consent shall, unless in writing
        and
        signed by the Swingline Lender in addition to the Lenders required above,
        affect
        the rights or duties of the Swingline Lender under this Agreement; (iii)
        no
        amendment, waiver or consent shall, unless in writing and signed by the Japanese
        Yen Lender in addition to the Lenders required above, affect the rights or
        duties of the Japanese Yen Lender under this Agreement; (iv) no amendment,
        waiver or consent shall, unless in writing and signed by the Administrative
        Agent in addition to the Lenders required above, affect the rights or duties
        of
        the Administrative Agent under this Agreement or any other Loan Document;
        and
        (v) the Fee Letter may be amended, or rights or privileges thereunder waived,
        in
        a writing executed only by the parties thereto.  Notwithstanding
        anything to the contrary herein, no Defaulting Lender shall have any right
        to
        approve or disapprove any amendment, waiver or consent hereunder, except
        that
        the Commitment of such Lender may not be increased or extended without the
        consent of such Lender.

       

      In
        addition, notwithstanding anything to the contrary contained herein, each
        Lender
        hereby authorizes the Administrative Agent on its behalf, and without its
        further consent, to enter into amendments to this Agreement and the other
        Loan
        Documents as the Administrative Agent may reasonably deem appropriate in
        order
        to effectuate any increase in the Aggregate Commitment pursuant to Section
        2.7, including, without limitation, amendments to permit such increases
        in
        the Aggregate Commitment to share ratably in the benefits of this Agreement
        and
        the other Loan Documents and to include appropriately any Lenders under such
        increases in the Aggregate Commitment in any determination of the Required
        Lenders; provided that no such amendment shall adversely affect in any
        material respect the rights of any Lender, in each case, without the written
        consent of such Lender.

       

      SECTION
        13.3      Expenses; Indemnity.

       

      (a)           Costs
        and Expenses.  The Borrower shall pay (i) all reasonable
        out-of-pocket expenses incurred by the Administrative Agent and its Affiliates
        (including the reasonable fees, charges and disbursements of counsel for
        the
        Administrative Agent) in connection with the syndication of the credit
        facilities provided 

       

      
        
          
          

        

        
          75

          
            

          

        

        
          
          

        

         

        for
          herein, the preparation, negotiation, execution, delivery and administration
          of
          this Agreement and the other Loan Documents or any amendments, modifications
          or
          waivers of the provisions hereof or thereof (whether or not the transactions
          contemplated hereby or thereby shall be consummated), (ii) all reasonable
          out-of-pocket expenses incurred by the Issuing Lender in connection with
          the
          issuance, amendment, renewal or extension of any Letter of Credit or any
          demand
          for payment thereunder and (iii) all reasonable out-of-pocket expenses
          incurred
          by the Administrative Agent or the Issuing Lender (including the fees,
          charges
          and disbursements of any counsel for the Administrative Agent or the Issuing
          Lender) in connection with the enforcement or protection of the rights
          of the
          Administrative Agent, the Issuing Lender and/or the other Lenders (A) in
          connection with this Agreement and the other Loan Documents, including
          their
          respective rights under this Section, or (B) in connection with the Loans
          made or Letters of Credit issued hereunder, including all such reasonable
          out-of-pocket expenses incurred during any workout, restructuring or
          negotiations in respect of such Loans or Letters of Credit.

      

       

      (b)           Indemnification
        by the Borrower.  The Borrower shall indemnify the Administrative
        Agent (and any sub-agent thereof), each Lender and the Issuing Lender, and
        each
        Related Party of any of the foregoing Persons (each such Person being called
        an
“Indemnitee”) against, and hold each Indemnitee harmless from, any and all
        losses, claims (including, without limitation, any Environmental Claims or
        civil
        penalties or fines assessed by OFAC), damages, liabilities and related
        reasonable out-of-pocket expenses (including the reasonable fees, charges
        and
        disbursements of any counsel for any Indemnitee) incurred by any Indemnitee
        or
        asserted against any Indemnitee by any third party or by the Borrower arising
        out of, in connection with, or as a result of (i) the execution or delivery
        of this Agreement, any other Loan Document or any agreement or instrument
        contemplated hereby or thereby, the performance by the parties hereto of
        their
        respective obligations hereunder or thereunder or the consummation of the
        transactions contemplated hereby or thereby, (ii) any Loan or Letter of
        Credit or the use or proposed use of the proceeds therefrom (including any
        refusal by the Issuing Lender to honor a demand for payment under a Letter
        of
        Credit if the documents presented in connection with such demand do not strictly
        comply with the terms of such Letter of Credit), (iii)  any actual or
        prospective claim, litigation, investigation or proceeding relating to any
        of
        the foregoing, whether based on contract, tort or any other theory, whether
        brought by a third party or by the Borrower, and regardless of whether any
        Indemnitee is a party thereto, or (iv) any claim (including, without limitation,
        any Environmental Claims or civil penalties or fines assessed by OFAC),
        investigation, litigation or other proceeding (whether or not the Administrative
        Agent or any Lender is a party thereto) and the prosecution and defense thereof,
        arising out of or in any way connected with the Loans, this Agreement, any
        other
        Loan Document, or any documents contemplated by or referred to herein or
        therein
        or the transactions contemplated hereby or thereby, including without
        limitation, reasonable attorneys’ and consultants’ fees, provided that
        such indemnity shall not, as to any Indemnitee, be available to the extent
        that
        such losses, claims, damages, liabilities or related expenses (x) are
        determined by a court of competent jurisdiction by final and nonappealable
        judgment to have resulted from the gross negligence or willful misconduct
        of
        such Indemnitee or (y) result from a claim brought by the Borrower against
        an Indemnitee for breach of such Indemnitee's obligations hereunder or under
        any
        other Loan Document, if the Borrower has obtained a final and nonappealable
        judgment in its favor on such claim as determined by a court of competent
        jurisdiction.

       

      
        
          
          

        

        
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      (c)           Reimbursement
        by Lenders.  To the extent that the Borrower for any reason fails
        to indefeasibly pay any amount required under clause (a) or (b) of this
        Section to be paid by it to the Administrative Agent (or any sub-agent thereof),
        the Issuing Lender or any Related Party of any of the foregoing, each Lender
        severally agrees to pay to the Administrative Agent (or any such sub-agent),
        the
        Issuing Lender or such Related Party, as the case may be, such Lender’s
        Commitment Percentage (determined as of the time that the applicable
        unreimbursed expense or indemnity payment is sought) of such unpaid amount,
        provided that the unreimbursed expense or indemnified loss, claim,
        damage, liability or related expense, as the case may be, was incurred by
        or
        asserted against the Administrative Agent (or any such sub-agent) or the
        Issuing
        Lender in its capacity as such, or against any Related Party of any of the
        foregoing acting for the Administrative Agent (or any such sub-agent) or
        Issuing
        Lender in connection with such capacity.  The obligations of the
        Lenders under this clause (c) are subject to the provisions of
Section 4.7.

       

      (d)           Waiver
        of Consequential Damages, Etc.  To the fullest extent permitted by
        Applicable Law, each party hereto agrees that it shall not assert, and hereby
        waives, any claim against any other party hereto, on any theory of liability,
        for special, indirect, consequential or punitive damages (as opposed to direct
        or actual damages) arising out of, in connection with, or as a result of,
        this
        Agreement, any other Loan Document or any agreement or instrument contemplated
        hereby, the transactions contemplated hereby or thereby, any Loan or Letter
        of
        Credit or the use of the proceeds thereof.  No Indemnitee referred to
        in clause (b) above shall be liable for any damages arising from the use
        by
        unintended recipients of any information or other materials distributed by
        it
        through telecommunications, electronic or other information transmission
        systems
        in connection with this Agreement or the other Loan Documents or the
        transactions contemplated hereby or thereby.

       

      (e)           Payments.  All
        amounts due under this Section shall be payable promptly after demand
        therefor.

       

       

      SECTION
        13.4      Right of Setoff.

       

      (a)           If
        an Event of Default under Section 11.1(a), (b), (i) or
(j) shall have occurred and be continuing, each
        Lender and each of their
        respective Affiliates is hereby authorized at any time and from time to time,
        to
        the fullest extent permitted by Applicable Law, to set off and apply any
        and all
        deposits (general or special, time or demand, provisional or final, in whatever
        currency) at any time held and other obligations (in whatever currency) at
        any
        time owing by such Lender or any such Affiliate to or for the credit or the
        account of the Borrower against any and all of the obligations of the Borrower
        now or hereafter existing under this Agreement or any other Loan Document
        to
        such Lender, irrespective of whether or not such Lender shall have made any
        demand under this Agreement or any other Loan Document and although such
        obligations of the Borrower may be contingent or unmatured or are owed to
        a
        branch or office of such Lender different from the branch or office holding
        such
        deposit or obligated on such indebtedness.  The rights of each Lender
        and their respective Affiliates under this Section are in addition to other
        rights and remedies (including other rights of setoff) that such Lender or
        their
        respective Affiliates may have.  Each Lender agrees to notify the
        Borrower and the Administrative Agent promptly after any such setoff and
        application; provided that the failure to give such notice shall not
        affect the validity of such setoff and application.

       

      
        
          
          

        

        
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      (b)           Any
        amount to be set-off pursuant to Section 13.4(a) shall be denominated in
        Dollars and any amount denominated in an Alternative Currency shall be in
        an
        amount equal to the Dollar Amount of such amount at the most favorable spot
        exchange rate for the Borrower as determined by the Administrative Agent
        to be
        available to it; provided that if at the time of any such determination no
        such
        spot exchange rate can reasonably be determined, the Administrative Agent
        may
        use any reasonable method as it deems applicable to determine such rate,
        any
        such determination to be conclusive absent manifest error.

      

      (c)           Each
        Lender and any assignee of such Lender in accordance with Section 13.10
        are hereby authorized by the Borrower to combine currencies, as deemed necessary
        by such Person, in order to effect any set-off pursuant to Section
13.4(a).

       

      SECTION
        13.5      Governing Law.

       

      (a)           Governing
        Law.  This Agreement and the other Loan Documents, unless
        expressly set forth therein, shall be governed by, and construed in accordance
        with, the law of the State of New York, including Section 5-1401 and 5-1402
        of
        the General Obligation Law of the State of New York, without reference to
        any
        other conflicts or choice of law principles thereof.

       

      (b)           Submission
        to Jurisdiction.  The Borrower irrevocably and unconditionally
        submits, for itself and its property, to the nonexclusive jurisdiction of
        the
        courts of the State of New York sitting in New York, New York and of the
        United
        States District Court sitting in New York, and any appellate court from any
        thereof, in any action or proceeding arising out of or relating to this
        Agreement or any other Loan Document, or for recognition or enforcement of
        any
        judgment, and each of the parties hereto irrevocably and unconditionally
        agrees
        that all claims in respect of any such action or proceeding may be heard
        and
        determined in such New York State court or, to the fullest extent permitted
        by
        Applicable Law, in such Federal court.  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 in
        any other Loan Document shall affect any right that the Administrative Agent,
        any Lender or the Issuing Lender may otherwise have to bring any action or
        proceeding relating to this Agreement or any other Loan Document against
        the
        Borrower or its properties in the courts of any jurisdiction.

       

      (c)           Waiver
        of Venue.  The Borrower irrevocably and unconditionally waives, to
        the fullest extent permitted by Applicable Law, any objection that it may
        now or
        hereafter have to the laying of venue of any action or proceeding arising
        out of
        or relating to this Agreement or any other Loan Document in any court referred
        to in paragraph (b) of this Section.  Each of the parties hereto
        hereby irrevocably waives, to the fullest extent permitted by Applicable
        Law,
        the defense of an inconvenient forum to the maintenance of such action or
        proceeding in any such court.

       

      
        
          
          

        

        
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      (d)           Service
        of Process.  Each party hereto irrevocably consents to service of
        process in the manner provided for notices in Section
        13.1.  Nothing in this Agreement will affect the right of any
        party hereto to serve process in any other manner permitted by Applicable
        Law.

       

      SECTION
        13.6     Waiver of Jury Trial.  EACH
        PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
        APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING
        DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
        OTHER
        LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER
        BASED
        ON CONTRACT, TORT OR ANY OTHER THEORY).  EACH PARTY HERETO
        (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON
        HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT,
        IN
        THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
        (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO
        ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS,
        THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

       

      SECTION
        13.7      Reversal of
        Payments.  To the extent the Borrower makes any payment to the
        Administrative Agent for the ratable benefit of the Lenders or the
        Administrative Agent receives any payment which payment or any part thereof
        is
        subsequently invalidated, declared to be fraudulent or preferential, set
        aside
        and/or required to be repaid to a trustee, receiver or any other party under
        any
        bankruptcy law, state or federal law, common law or equitable cause, then,
        to
        the extent of such payment repaid, the Obligations or part thereof intended
        to
        be satisfied shall be revived and continued in full force and effect as if
        such
        payment had not been received by the Administrative Agent.

       

      SECTION
        13.8       Injunctive Relief; Punitive
        Damages.

       

      (a)           The
        Borrower recognizes that, in the event the Borrower fails to perform, observe
        or
        discharge any of its obligations or liabilities under this Agreement, any
        remedy
        of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower
        agrees that the Lenders, at the Lenders’ option, shall be entitled to temporary
        and permanent injunctive relief in any such case without the necessity of
        proving actual damages.

       

      (b)           The
        Administrative Agent, the Lenders and the Borrower hereby agree that no such
        Person shall have a remedy of special, indirect, punitive or consequential
        damages against any other party to a Loan Document and each such Person hereby
        waives any right or claim to special, indirect, punitive or consequential
        damages that they may now have or may arise in the future in connection with
        any
        Dispute, whether such Dispute is resolved through arbitration or
        judicially.

       

      SECTION
        13.9      Accounting Matters.  If
        at any time any change in GAAP would affect the computation of any financial
        ratio or requirement set forth in any Loan Document, and either the Borrower
        or
        the Required Lenders shall so request, the Administrative Agent, the Lenders
        and
        the Borrower shall negotiate in good faith to amend such ratio or requirement
        to
        preserve the original intent thereof in light of such change in GAAP (subject
        to
        the approval of the Required 

       

       

      
        
          
          

        

        
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        Lenders);
          provided that, until so amended, (i) such ratio or requirement shall
          continue to be computed in accordance with GAAP prior to such change therein
          and
          (ii) the Borrower shall provide to the Administrative Agent and the Lenders
          financial statements and other documents required under this Agreement
          or as
          reasonably requested hereunder setting forth a reconciliation between
          calculations of such ratio or requirement made before and after giving
          effect to
          such change in GAAP.

      

       

      SECTION
        13.10    Successors and Assigns;
        Participations.

       

      (a)           Successors
        and Assigns Generally.  The provisions of this Agreement shall be
        binding upon and inure to the benefit of the parties hereto and their respective
        successors and assigns permitted hereby, except that the Borrower may not
        assign
        or otherwise transfer any of its rights or obligations hereunder without
        the
        prior written consent of the Administrative Agent and each Lender and no
        Lender
        may assign or otherwise transfer any of its rights or obligations hereunder
        except (i) to an Eligible Assignee in accordance with the provisions of
        paragraph (b) of this Section, (ii) by way of participation in accordance
        with
        the provisions of paragraph (d) of this Section or (iii) by way of pledge
        or
        assignment of a security interest subject to the restrictions of paragraph
        (f)
        of this Section (and any other attempted assignment or transfer by any party
        hereto shall be null and void).  Nothing in this Agreement, expressed
        or implied, shall be construed to confer upon any Person (other than the
        parties
        hereto, their respective successors and assigns permitted hereby, Participants
        to the extent provided in paragraph (d) of this Section and, to the extent
        expressly contemplated hereby, the Related Parties of each of the Administrative
        Agent and the Lenders) any legal or equitable right, remedy or claim under
        or by
        reason of this Agreement.

       

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

       

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

       

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

       

      (iii)           any
        assignment must be approved (such approval not to be unreasonably withheld)
        by
        the Administrative Agent, the Swingline Lender and the Issuing Lender unless
        the
        Person that is the proposed assignee is itself a Lender with a Commitment
        or an
        Affiliate thereof (whether or not the proposed assignee would otherwise qualify
        as an Eligible Assignee); and

       

      
        
          
          

        

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

       

      Subject
        to the acceptance and recording thereof by the Administrative Agent pursuant
        to
        paragraph (c) of this Section, from and after the effective date specified
        in
        each Assignment and Assumption, the Eligible Assignee thereunder shall be
        a
        party to this Agreement and, to the extent of the interest assigned by such
        Assignment and Assumption, have the rights and obligations of a Lender under
        this Agreement, and the assigning Lender thereunder shall, to the extent
        of the
        interest assigned by such Assignment and Assumption, be released from its
        obligations under this Agreement (and, in the case of an Assignment and
        Assumption covering all of the assigning Lender’s rights and obligations under
        this Agreement, such Lender shall cease to be a party hereto) but shall continue
        to be entitled to the benefits of Sections 4.10, 4.11,
4.12, 4.13 and 13.3 with respect to facts and circumstances
        occurring prior to the effective date of such assignment.  Any
        assignment or transfer by a Lender of rights or obligations under this Agreement
        that does not comply with this paragraph shall be treated for purposes of
        this
        Agreement as a sale by such Lender of a participation in such rights and
        obligations in accordance with paragraph (d) of this Section.

       

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

       

      (d)           Participations.  Any
        Lender may at any time, without the consent of, or notice to, the Borrower
        or
        the Administrative Agent, sell participations to any Person (other than a
        natural person or the Borrower or any of the Borrower’s Affiliates or
        Subsidiaries) (each, a “Participant”) in all or a portion of such
        Lender’s rights and/or obligations under this Agreement (including all or a
        portion of its Commitment and/or the Loans owing to it); provided that
        (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii)
        such Lender shall remain solely responsible to the other parties hereto for
        the
        performance of such obligations and (iii) the Borrower, the Administrative
        Agent
        and the other Lenders shall continue to deal solely and directly with such
        Lender in connection with such Lender’s rights and obligations under this
        Agreement.

       

      
        
          
          

        

        
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      Any
        agreement or instrument pursuant to which a Lender sells such a participation
        shall provide that such Lender shall retain the sole right to enforce this
        Agreement and to approve any amendment, modification or waiver of any provision
        of this Agreement; provided that such agreement or instrument may provide
        that such Lender will not, without the consent of the Participant, agree
        to any
        amendment, modification or waiver or modification described in the first
        proviso
        to Section 13.2 that directly affects such
        Participant.  Subject to paragraph (e) of this Section, the Borrower
        agrees that each Participant shall be entitled to the benefits of Sections
        4.10, 4.11, 4.12 and 4.13 to the same extent as if it
        were a Lender and had acquired its interest by assignment pursuant to paragraph
        (b) of this Section.  No Participant shall be entitled to the benefits
        of Section 13.4.

       

      (e)           Limitations
        upon Participant Rights.  A Participant shall not be entitled to
        receive any greater payment under Sections 4.12 and
4.13 than the applicable Lender would have been entitled
        to
        receive with respect to the participation sold to such Participant, unless
        the
        sale of the participation to such Participant is made with the Borrower’s prior
        written consent.  A Participant that would be a Foreign Lender if it
        were a Lender shall not be entitled to the benefits of Section 4.13
        unless the Borrower is notified of the participation sold to such Participant
        and such Participant agrees, for the benefit of the Borrower, to comply with
        Section 4.13(e) as though it were a Lender.

       

      (f)           Certain
        Pledges.  Any Lender may at any time pledge or assign a security
        interest in all or any portion of its rights under this Agreement to secure
        obligations of such Lender, including without limitation any pledge or
        assignment to secure obligations to a Federal Reserve Bank; provided that
        no such pledge or assignment shall release such Lender from any of its
        obligations hereunder or substitute any such pledgee or assignee for such
        Lender
        as a party hereto.

       

      SECTION
        13.11    Confidentiality.  Each of the
        Administrative Agent and the Lenders agrees to maintain the confidentiality
        of
        the Information (as defined below), except that Information may be disclosed
        (a)
        to its Affiliates and to its and its Affiliates’ respective directors, officers,
        employees and agents, including accountants, legal counsel and other advisors
        (it being understood that the Persons to whom such disclosure is made will
        be
        informed of the confidential nature of such Information and instructed to
        keep
        such Information confidential), (b) to the extent requested by, or required
        to
        be disclosed to, any rating agency, or regulatory or similar authority
        (including any self-regulatory authority, such as the National Association
        of
        Insurance Commissioners), (c) to the extent required by Applicable Laws or
        regulations or by any subpoena or similar legal process, (d) to any other
        party
        hereto, (e) in connection with the exercise of any remedies under this Agreement
        or under any other Loan Document (or any Hedging Agreement with a Lender
        or the
        Administrative Agent) or any action or proceeding relating to this Agreement
        or
        any other Loan Document (or any Hedging Agreement with a Lender or the
        Administrative Agent) or the enforcement of rights hereunder or thereunder,
        (f)
        subject to an agreement containing provisions substantially the same as those
        of
        this Section, to any purchasing Lender, proposed purchasing Lender, Participant
        or proposed Participant, (g) with the consent of the Borrower, (h) to Gold
        Sheets and other similar bank trade publications, such information to
        consist of deal terms and other information customarily found in such
        publications, or (i) to the extent such Information (x) becomes publicly
        available other than as a result of a breach of this Section or (y) becomes
        available to the Administrative Agent or any Lender on a nonconfidential
        basis
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        (j)
          to governmental regulatory authorities in connection with any regulatory
          examination of the Administrative Agent or any Lender or in accordance
          with the
          Administrative Agent’s or any Lender’s regulatory compliance policy if the
          Administrative Agent or such Lender deems necessary for the mitigation
          of claims
          by those authorities against the Administrative Agent or such Lender or
          any of
          its subsidiaries or affiliates.  For purposes of this Section,
“Information” means all information received from the Borrower relating
          to the Borrower, its Subsidiaries, the Excluded Subsidiaries, the Existing
          Shareholders or any of their respective Affiliates or any of their respective
          businesses, other than any such information that is available to the
          Administrative Agent or any Lender on a nonconfidential basis prior to
          disclosure by the Borrower.  Any Person required to maintain the
          confidentiality of Information as provided in this Section shall be considered
          to have complied with its obligation to do so if such Person has exercised
          the
          same degree of care to maintain the confidentiality of such Information
          as such
          Person would accord to its own confidential information.

      

       

      SECTION
        13.12    Performance of Duties.  The
        Borrower’s obligations under this Agreement and each of the other Loan Documents
        shall be performed by the Borrower at its sole cost and expense.

       

      SECTION
        13.13    All Powers Coupled with
        Interest.  All powers of attorney and other authorizations granted
        to the Lenders, the Administrative Agent and any Persons designated by the
        Administrative Agent or any Lender pursuant to any provisions of this Agreement
        or any of the other Loan Documents shall be deemed coupled with an interest
        and
        shall be irrevocable so long as any of the Obligations remain unpaid or
        unsatisfied, any of the Commitments remain in effect or the Credit Facility
        has
        not been terminated.

       

      SECTION
        13.14    Survival of
        Indemnities.  Notwithstanding any termination of this Agreement,
        the indemnities to which the Administrative Agent and the Lenders are entitled
        under the provisions of this Article XIII and any other provision of this
        Agreement and the other Loan Documents shall continue in full force and effect
        and shall protect the Administrative Agent and the Lenders against events
        arising after such termination as well as before.

       

      SECTION
        13.15    Titles and Captions.  Titles and
        captions of Articles, Sections and subsections in, and the table of contents
        of,
        this Agreement are for convenience only, and neither limit nor amplify the
        provisions of this Agreement.

       

      SECTION
        13.16    Severability of Provisions.  Any
        provision of this Agreement or any other Loan Document which is prohibited
        or
        unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
        only to the extent of such prohibition or unenforceability without invalidating
        the remainder of such provision or the remaining provisions hereof or thereof
        or
        affecting the validity or enforceability of such provision in any other
        jurisdiction.

       

      SECTION
        13.17    Counterparts.  This Agreement may
        be executed in any number of counterparts and by different parties hereto in
        separate counterparts, each of which when so executed shall be deemed to
        be an
        original and shall be binding upon all parties, their successors and assigns,
        and all of which taken together shall constitute one and the same
        agreement.

       

      
        
          
          

        

        
          83

          
            

          

        

        
          
          

        

      

       

      SECTION
        13.18    Integration.  This Agreement,
        together with the other Loan Documents, comprises the complete and integrated
        agreement of the parties on the subject matter hereof and thereof and supersedes
        all prior agreements, written or oral, on such subject matter.  In the
        event of any conflict between the provisions of this Agreement and those
        of any
        other Loan Document, the provisions of this Agreement shall control;
provided that the inclusion of supplemental rights or remedies in favor
        of the Administrative Agent or the Lenders in any other Loan Document shall
        not
        be deemed a conflict with this Agreement.  Each Loan Document was
        drafted with the joint participation of the respective parties thereto and
        shall
        be construed neither against nor in favor of any party, but rather in accordance
        with the fair meaning thereof.

       

      SECTION
        13.19    Term of Agreement.  This Agreement
        shall remain in effect from the Closing Date through and including the date
        upon
        which all Obligations arising hereunder or under any other Loan Document
        shall
        have been indefeasibly and irrevocably paid and satisfied in full and all
        Commitments have been terminated.  No termination of this Agreement
        shall affect the rights and obligations of the parties hereto arising prior
        to
        such termination or in respect of any provision of this Agreement which survives
        such termination.

       

      SECTION
        13.20    Advice of Counsel, No Strict
        Construction.  Each of the parties represents to each other party
        hereto that it has discussed this Agreement with its counsel.  The
        parties hereto have participated jointly in the negotiation and drafting
        of this
        Agreement.  In the event an ambiguity or question of intent or
        interpretation arises, this Agreement shall be construed as if drafted jointly
        by the parties hereto and no presumption or burden of proof shall arise favoring
        or disfavoring any party by virtue of the authorship of any provisions of
        this
        Agreement.

       

      SECTION
        13.21    USA Patriot Act.  The
        Administrative Agent and each Lender hereby notifies the Borrower that pursuant
        to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed
        into law October 26, 2001)) (the “Act”), it is required to obtain, verify
        and record information that identifies the Borrower, which information includes
        the name and address of each Borrower and other information that will allow
        such
        Lender to identify such Borrower in accordance with the Act.

       

      SECTION
        13.22    Inconsistencies with Other Documents;
        Independent Effect of Covenants.

       

      (a)           In
        the event there is a conflict or inconsistency between this Agreement and
        any
        other Loan Document, the terms of this Agreement shall control; provided
        that, other than for purposes of Article XI, any provision of the other
        Loan Documents which imposes additional burdens on the Borrower or its
        Subsidiaries or further restricts the rights of the Borrower or its Subsidiaries
        or gives the Administrative Agent, any Issuing Bank or the Lenders additional
        rights shall not be deemed to be in conflict or inconsistent with this Agreement
        and shall be given full force and effect.

       

      (b)           The
        Borrower expressly acknowledges and agrees that each covenant contained in
        Article VIII, IX, or X hereof shall be given independent
        effect.  Accordingly, the Borrower shall not engage in any transaction
        or other act otherwise permitted under any covenant contained in Article
        VIII, IX, or X if, before or after giving effect to such
        transaction or act, the Borrower shall or would be in breach of any other
        covenant contained in Article VIII, IX, or X.

       

      

       

      [Signature
        pages to follow]

       

      
        
          
          

        

        
          84

          
            

          

        

        
          
          

        

      

       

      IN
        WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
        under seal by their duly authorized officers, all as of the day and year
        first
        written above.

       

      
        	 	
                BLACKROCK,
                  INC., as Borrower

              
	 	 	 
	 	
                By:

              	 /s/
                Ann Marie Petach
	 	 	
                Name:

              	 Ann
                Marie Petach
	 	 	
                Title:

              	 Managing
                Director and Head of Business Finance

      

      

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

       

      

       

      
        	 	 	 
	 	
                WACHOVIA
                  BANK, NATIONAL ASSOCIATION,

                as
                  Administrative Agent, Swingline Lender, Issuing Lender and
                  Lender

              
	 	 	 
	 	
                By:

              	 /s/
                William R. Goley
	 	 	
                Name:

              	 William
                R. Goley
	 	 	
                Title:

              	 Director

      

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      

      
        	 	
                CITIBANK,
                  N.A., as Lender

              
	 	 
	 	 	 
	 	
                By:

              	 /s/
                Alex Duka
	 	 	
                Name:

              	 Alex
                Duka
	 	 	
                Title:

              	 Managing
                Director

      

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	 	
                SUMITOMO
                  MITSUI BANKING CORPORATION, as Japanese Yen
                  Lender

              
	 	 
	 	 	 
	 	
                By:

              	 /s/
                David A. Buck
	 	 	
                Name:

              	 David
                A. Buck
	 	 	
                Title:

              	 Senior
                Vice President

      

      

       

      

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	 	
                HSBC
                  BANK USA, NATIONAL ASSOCIATION, as Lender

              
	 	 
	 	 	 
	 	
                By:

              	 /s/
                William Wilson
	 	 	
                Name:

              	
                 William
                  Wilson

              
	 	 	
                Title:

              	 Senior
                Vice President

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
      	
            	
              JPMORGAN
                CHASE BANK, N.A., as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Jeanne Horn
	 	 	
              Name:

            	
               Jeanne
                Horn

            
	 	 	
              Title:

            	 Vice
              President

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              MORGAN
                STANLEY BANK, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Daniel Twenge
	 	 	
              Name:

            	
               Daniel
                Twenge

            
	 	 	
              Title:

            	 Authorized
              Signatory

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              UBS
                LOAN FINANCE LLC, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              David B. Julie
	 	 	
              Name:

            	
               David
                B. Julie

            
	 	 	
              Title:

            	 Associate
              Director Banking Product Services, US

    

     

    
      	 	 	 
	 	
              By:

            	 /s/
              Irja R. Otsa
	 	 	
              Name:

            	
               Irja
                R. Otsa

            
	 	 	
              Title:

            	 Associate
              Director Banking Product Services, US

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              ABN
                AMRO BANK N.V., as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Michael DeMarco
	 	 	
              Name:

            	
               Michael
                DeMarco

            
	 	 	
              Title:

            	 Vice
              President

    

     

    
      	
            	 	 
	 	
              By:

            	 /s/
              Giovanni Falone
	 	 	
              Name:

            	
               Giovanni
                Falone

            
	 	 	
              Title:

            	 Managing
              Director

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              BANK
                OF AMERICA N.A., as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Joshua Podietz
	 	 	
              Name:

            	
               Joshua
                Podietz

            
	 	 	
              Title:

            	 Vice
              President

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              CREDIT
                SUISSE, CAYMAN ISLANDS BRANCH, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Karl Studer
	 	 	
              Name:

            	
               Karl
                Studer

            
	 	 	
              Title:

            	 Director

    

     

    
      	
            	 	 
	 	
              By:

            	 /s/
              Alain Schmid
	 	 	
              Name:

            	
               Alain
                Schmid

            
	 	 	
              Title:

            	 Assistant
              Vice President

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              DEUTSCHE
                BANK AG NEW YORK BRANCH, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Brett Hanmer
	 	 	
              Name:

            	
               Brett
                Hanmer

            
	 	 	
              Title:

            	 Director

    

     

    
      	
            	 	 
	 	
              By:

            	 /s/
              Michael Campitos
	 	 	
              Name:

            	
              Michael
                Campitos

            
	 	 	
              Title:

            	Vice
              President

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              LEHMAN
                COMMERICIAL PAPER INC., as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Janine M. Shugan
	 	 	
              Name:

            	
               Janine
                M. Shugan

            
	 	 	
              Title:

            	 Authorized
              Signatory

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              GREENWICH
                CAPITAL MARKETS, INC., as agent for THE ROYAL BANK OF
                SCOTLAND plc, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Fergus Smail
	 	 	
              Name:

            	
               Fergus
                Smail

            
	 	 	
              Title:

            	 Vice
              President

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              STREET
                STATE BANK AND TRUST COMPANY, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              Charles A. Garrity
	 	 	
              Name:

            	
               Charles
                A. Garrity

            
	 	 	
              Title:

            	 Vice
              President

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              SUMITOMO
                MITSUI BANKING CORPORATION, as Lender

            
	 	 
	 	 	 
	 	
              By:

            	 /s/
              David A. Buck
	 	 	
              Name:

            	
               David
                A. Buck

            
	 	 	
              Title:

            	 Senior
              Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]