Document:

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                                                                   EXHIBIT 10.36

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                                 TRUST AGREEMENT

                            dated as of March 9, 2000

                                     between

                               The Several Holders
                        from Time to Time Parties Hereto,
                                 as the Holders,

                                       and

                   FIRST SECURITY BANK, NATIONAL ASSOCIATION,
                              as the Owner Trustee
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                                 VS TRUST 2000-1
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                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                Page
<S>                                                                             <C>
ARTICLE I  DEFINITIONS.......................................................... 1
         SECTION 1.1 Definitions................................................ 1
         SECTION 1.2 Interpretation............................................. 2
ARTICLE II  AUTHORITY TO EXECUTE AND PERFORM VARIOUS DOCUMENTS; DECLARATION
         OF TRUST BY TRUST COMPANY.............................................. 2
         SECTION 2.1 Authority To Execute and Perform Various Documents......... 2
         SECTION 2.2 Declaration of Trust by Trust Company...................... 2
ARTICLE III  CONTRIBUTIONS AND PAYMENTS......................................... 3
         SECTION 3.1 Procedure for Holder Advances; Certificates................ 3
         SECTION 3.2 Holder Yield............................................... 4
         SECTION 3.3 Scheduled Return of Holder Advances........................ 5
         SECTION 3.4 Early Return of Advances................................... 5
         SECTION 3.5 Payments from Trust Estate Only............................ 6
         SECTION 3.6 Method of Payment.......................................... 6
         SECTION 3.7 Computation of Yield....................................... 6
         SECTION 3.8 Conversion and Continuation Options........................ 7
         SECTION 3.9 Notice of Amounts Payable.................................. 8
ARTICLE IV  COLLECTIONS AND DISTRIBUTIONS....................................... 9
         SECTION 4.1 Collections and Remittances by the Owner Trustee........... 9
         SECTION 4.2 Priority of Distributions.................................. 9
         SECTION 4.3 Excepted Payments.......................................... 9
         SECTION 4.4 Distributions after Default................................ 9
ARTICLE V  DUTIES OF THE OWNER TRUSTEE..........................................10
         SECTION 5.1 Notice of Certain Events...................................10
         SECTION 5.2 Action Upon Instructions...................................10
         SECTION 5.3 Indemnification............................................11
         SECTION 5.4 No Duties Except as Specified In Trust Agreement or
                     Instructions................................................11
         SECTION 5.5 No Action Except Under Specified Documents or
                     Instructions...............................................11
         SECTION 5.6 Absence of Duties..........................................12
ARTICLE VI  THE OWNER TRUSTEE...................................................13
         SECTION 6.1 Acceptance of Trust and Duties.............................13
         SECTION 6.2 Furnishing of Documents....................................13
         SECTION 6.3 No Representations or Warranties as to the Properties or
                     Operative Agreements.......................................13
         SECTION 6.4 No Segregation of Moneys; No Interest......................14
         SECTION 6.5 Reliance; Advice of Counsel................................14
         SECTION 6.6 Liability With Respect to Documents........................14
         SECTION 6.7 Not Acting In Individual Capacity..........................15
         SECTION 6.8 Books and Records; Tax Returns.............................15
         SECTION 6.9 Tax Treatment..............................................15
ARTICLE VII  INDEMNIFICATION OF THE OWNER TRUSTEE...............................16
         SECTION 7.1 Indemnification Generally..................................16
         SECTION 7.2 Compensation and Expenses..................................16
</TABLE>

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<TABLE>
<S>                                                                             <C>
         SECTION 7.3 Limitation.................................................16
ARTICLE VIII  TERMINATION OF TRUST AGREEMENT....................................16
         SECTION 8.1 Termination of Trust Agreement.............................16
         SECTION 8.2 Termination at Option of the Holders.......................17
         SECTION 8.3 Termination at Option of the Owner Trustee.................17
         SECTION 8.4 Actions by the Owner Trustee Upon Termination..............17
         SECTION 8.5 Bankruptcy of Holder.......................................18
ARTICLE IX  SUCCESSOR OWNER TRUSTEES, CO-OWNER TRUSTEES AND SEPARATE OWNER
                      TRUSTEES..................................................18
         SECTION 9.1 Resignation of the Owner Trustee; Appointment of
                      Successor.................................................18
         SECTION 9.2 Co-Trustees and Separate Trustees..........................19
         SECTION 9.3 Notice.....................................................22
         SECTION 9.4 Required Consents..........................................22
ARTICLE X   AMENDMENTS..........................................................22
         SECTION 10.1 Amendments................................................22
         SECTION 10.2 Limitation on Amendments..................................22
ARTICLE XI  MISCELLANEOUS.......................................................23
         SECTION 11.1 No Legal Title to Trust Estate in the Holders.............23
         SECTION 11.2 Sale of a Property by the Owner Trustee is Binding........23
         SECTION 11.3 Limitations on Rights of Others...........................23
         SECTION 11.4 Notices...................................................23
         SECTION 11.5 Severability..............................................23
         SECTION 11.6 Limitation on the Holders' Liability......................24
         SECTION 11.7 Separate Counterparts.....................................24
         SECTION 11.8 Successors and Assigns....................................24
         SECTION 11.9 Headings..................................................25
         SECTION 11.10 Governing Law............................................25
         SECTION 11.11 Performance by the Holders...............................25
         SECTION 11.12 Conflict with Operative Agreements.......................25
         SECTION 11.13 No Implied Waiver........................................25
         SECTION 11.14 SUBMISSION TO JURISDICTION; VENUE........................25
         SECTION 11.15 Third Party Beneficiary..................................25
         SECTION 11.16 Representation and Warranties............................26
         SECTION 11.17 Mutilated, Destroyed, Lost or Stolen Certificates........26
</TABLE>

Schedule I - Holder Commitments

EXHIBIT A - Form of Holder Certificate
EXHIBIT B - Form of Assignment and Acceptance

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                                 TRUST AGREEMENT

         THIS TRUST AGREEMENT, dated as of March 9, 2000 (as amended, modified,
extended, supplemented, restated and/or replaced from time to time, the "Trust
Agreement"), is among the several banks and other financial institutions from
time to time parties to this Trust Agreement (individually, each of the
foregoing may be referred to as a "Holder," and collectively, the foregoing
together with such other persons and entities that become holders hereunder, the
"Holders"), and FIRST SECURITY BANK, NATIONAL ASSOCIATION, in its individual
capacity ("Trust Company"), and in its capacity as owner trustee hereunder,
together with its successors and assigns (the "Owner Trustee").

         WHEREAS, in order to provide a portion of the funds for carrying out
the other transactions contemplated by the Operative Agreements, each Holder
will make its respective Holder Advances pursuant to this Trust Agreement and
the Participation Agreement (as defined below);

         WHEREAS, the Holders desire to provide for the Trust to exist for the
purpose of (a) developing, acquiring, installing, constructing and testing
various Properties and leasing such Properties to Lessee and (b) carrying out
certain transactions contemplated by the Operative Agreements; and

         WHEREAS, Trust Company is willing to act as trustee hereunder and to
accept the trust created hereby (the "Trust").

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

                                    ARTICLE I

                                   DEFINITIONS

         SECTION 1.1      DEFINITIONS.

         For purposes of this Trust Agreement (including without limitation the
"WHEREAS" clauses set forth above), capitalized terms used in this Trust
Agreement and not otherwise defined herein shall have the meanings assigned to
them in Appendix A to that certain Participation Agreement dated as of March 9,
2000 (as amended, modified, extended, supplemented, restated and/or replaced
from time to time in accordance with the applicable provisions thereof, the
"Participation Agreement") among VERITAS Operating Corporation, as the Lessee
and the Construction Agent, the various parties thereto from time to time, as
the Guarantor, the Owner Trustee, the various banks and other lending
institutions which are parties thereto from time to time, as the Holders, the
various banks and other lending institutions which are parties thereto from time
to time, as the Lenders, and Bank of America, N.A., as agent for the

<PAGE>   5
Lenders and respecting the Security Documents, as the agent for the Lenders and
the Holders, to the extent of their interests. Unless otherwise indicated,
references in this Trust Agreement to articles, sections, paragraphs, clauses,
appendices, schedules and exhibits are to the same contained in this Trust
Agreement.

         SECTION 1.2       INTERPRETATION.

         The rules of usage set forth in Appendix A to the Participation
Agreement shall apply to this Trust Agreement.

                                   ARTICLE II

               AUTHORITY TO EXECUTE AND PERFORM VARIOUS DOCUMENTS;
                      DECLARATION OF TRUST BY TRUST COMPANY

         SECTION 2.1       AUTHORITY TO EXECUTE AND PERFORM VARIOUS DOCUMENTS.

         Each Holder hereby authorizes and directs the Owner Trustee (a) to
execute and deliver, as trustee for and on behalf of each such Holder, each
Operative Agreement to which the Owner Trustee is a party and any other
agreements, instruments, certificates or documents related to the transactions
contemplated hereby to which the Owner Trustee is a party, (b) to take whatever
action shall be required to be taken by the Owner Trustee by the terms of, and
exercise its rights and perform its duties under, each of the documents,
agreements, instruments and certificates referred to in clause (a) above as set
forth in such documents, agreements and certificates, and (c) subject to the
terms of this Trust Agreement, to take such other action in connection with the
foregoing as the Holders may from time to time direct.

         SECTION 2.2       DECLARATION OF TRUST BY TRUST COMPANY.

                  (a) Trust Company hereby declares that it will hold all
         estate, right, title and interest of the Owner Trustee in, to and under
         each Property, each Holder Advance, the Operative Agreements, any other
         property contributed by any Holder and any and all other property or
         assets from time to time of the Trust, including without limitation all
         amounts of Rent, insurance proceeds and condemnation awards, indemnity
         or other payments of any kind (collectively, the "Trust Estate") as the
         Owner Trustee upon the trusts set forth herein and for the use and
         benefit of each Holder, subject, however, to the provisions of the
         Credit Agreement and the Security Documents. The name of the Trust
         shall be "VS Trust 2000-1".

                  (b) The purpose of the Trust is to hold title to the Trust
         Estate for the benefit of the Holders and to engage in activities
         ancillary and incidental thereto (including, without limitation,
         contracting with third parties to engage in business activities for the
         benefit of the Trustee Estate) as the Holders shall determine to be
         desirable. Except in connection with the foregoing, the Owner Trustee
         shall not (i) engage in any business activity, (ii) have any property,
         rights or interest, whether real or personal, tangible or

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         intangible, (iii) incur any legal liability or obligation, whether
         fixed or contingent, matured or unmatured, other than in the normal
         course of the administration of the Trust or (iv) subject any of its
         property or assets to any mortgage, Lien, security interest or other
         claim or encumbrance, other than in favor of the Lenders or the Holders
         pursuant to the provisions of the Operative Agreements and this Trust
         Agreement. THIS TRUST IS NOT A BUSINESS TRUST. THE SOLE PURPOSE OF THE
         TRUST IS TO ACQUIRE AND HOLD TITLE TO THE TRUST ESTATE, SUBJECT TO THE
         RIGHTS OF THE LENDERS, FOR THE BENEFIT OF THE HOLDERS. THE OWNER
         TRUSTEE MAY NOT TRANSACT BUSINESS OF ANY KIND WITH RESPECT TO ANY
         PROPERTY COMPRISING THE TRUST ESTATE NOR SHALL THIS AGREEMENT BE DEEMED
         TO BE, OR CREATE OR EVIDENCE THE EXISTENCE OF A CORPORATION DE FACTO OR
         DE JURE, OR A MASSACHUSETTS TRUST, OR ANY OTHER TYPE OF BUSINESS TRUST,
         ASSOCIATION OR JOINT VENTURE BETWEEN THE OWNER TRUSTEE, THE HOLDERS,
         THE AGENT AND THE LENDERS.

                                   ARTICLE III

                           CONTRIBUTIONS AND PAYMENTS

         SECTION 3.1       PROCEDURE FOR HOLDER ADVANCES; CERTIFICATES.

                  (a) Upon receipt from Lessee by the Agent of a Requisition,
         and subject to the terms and conditions of the Participation Agreement,
         the Agent shall request from each Holder its pro rata share of any
         Advance and each Holder shall make its pro rata share of any Advance
         under the Holder Commitment of such Holder, as set forth on Schedule 1
         hereto, on each date Advances are made pursuant to Section 5 of the
         Participation Agreement. The Agent may request an Advance under the
         Holder Commitments during the Commitment Period on any date that an
         Advance may be requested pursuant to the terms of Section 5.2(a) of the
         Participation Agreement, provided, that the Agent shall give each
         Holder irrevocable notice (which notice must be received by such Holder
         no less than three (3) Business Days prior to the requested date of the
         Holder Advance) specifying (i) the amount to be advanced (which on any
         date shall not be in excess of the then Available Holder Commitment),
         (ii) the requested date of advance, (iii) whether the Holder Advance is
         to be a Eurodollar Holder Advance or an ABR Holder Advance or a
         combination thereof, (iv) if the Holder Advance is to be a combination
         of Eurodollar Holder Advances and ABR Holder Advances, the respective
         amounts of each type of Holder Advance and (v) the Interest Period
         applicable to any Eurodollar Holder Advances. Pursuant to the terms of
         the Participation Agreement, the Agent shall be deemed to have
         delivered such notice upon the delivery of a notice by the Construction
         Agent or Lessee containing such required information.

                  (b) Upon receipt of any such notice delivered pursuant to
         Section 3.1(a), each Holder shall make the amount of its Advance
         available to the Agent for the account of the Owner Trustee at the
         office of the Agent referred to in Section 12.2 of the Participation

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         Agreement(or at such other address as may be identified by the Agent
         from time to time) prior to 12:00 Noon, Dallas, Texas time on the date
         requested by Lessee in funds immediately available to the Owner
         Trustee.

                  (c) Holder Yield accruing on each Holder Advance during the
         Construction Period with respect to any property shall, subject to the
         limitations set forth in Section 5.1(b) of the Participation Agreement,
         be added to the amount of the Holder Advance on the relevant Scheduled
         Interest Payment Date. On such Scheduled Interest Payment Date, the
         Holder Property Cost and Holder Construction Property Cost shall be
         increased by the amount of Holder Yield added to the Holder Advance.

                  (d) The Holder Advances made by each Holder to the Trust
         Estate shall be evidenced by a Certificate of the Owner Trustee,
         substantially in the form of Exhibit A hereto, issued in the name of
         the Holder and in an amount equal to the Holder Commitment of such
         Holder. Each Certificate shall (i) be dated on or about the Initial
         Closing Date, (ii) be stated to mature on the Maturity Date and (iii)
         bear a yield on the unpaid Holder Amount thereof from time to time
         outstanding at the Holder Yield.

                  (e) To the extent that the Owner Trustee, in its capacity as
         Borrower under the Credit Agreement, shall have elected to terminate or
         reduce the amount of the Commitments pursuant to Section 2.5(a) of the
         Credit Agreement, a pro rata election shall be deemed to have been made
         with respect to the Holder Commitment. The Holder Commitments
         respecting any particular Property shall automatically be reduced to
         zero (0) upon the occurrence of the Rent Commencement Date respecting
         such Property. On any date on which the Commitments shall be reduced to
         zero (0) as a result of a Credit Agreement Event of Default, the Holder
         Commitments shall automatically be reduced to zero (0) and the Owner
         Trustee shall prepay the Certificates in full for the outstanding
         Holder Amount, together with accrued but unpaid Holder Yield thereon
         and all other amounts owing under the Certificates.

                  (f) The Holder Commitment of each Holder may be increased
         pursuant to the agreement of such Holder, in its sole and absolute
         discretion, in accordance with the provisions set forth in Section 2.1
         of the Construction Agency Agreement.

         SECTION 3.2       HOLDER YIELD.

                  (a) Holder Advances shall bear yield payable by the Owner
         Trustee and calculated at the rate of Holder Yield applicable from time
         to time. The Owner Trustee shall pay to each Holder, from the Trust
         Estate, its pro rata portion of Holder Yield on Holder Advances made
         hereunder. Payment of Holder Yield to each Holder shall be made in
         arrears on each Scheduled Interest Payment Date occurring after the
         Rent Commencement Date (but for Holder Yield on any Holder Advance
         calculated on the basis of the six (6) month Eurodollar Rate, such
         Holder Yield shall be payable in arrears on each applicable three (3)
         month anniversary date of such Holder Advance) or as otherwise provided
         herein or in Section 2.6 of the Credit Agreement or Section 8.7 of the
         Participation Agreement.

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                  (b) If (i) all or a portion of Holder Yield shall not be
         received by the Holders when due (whether at the stated maturity, by
         acceleration or otherwise) or (ii) (A) a replacement Construction Agent
         is hired in accordance with the provisions of the Construction Agency
         Agreement, (B) Completion of all Properties has not occurred on prior
         to the Construction Period Termination Date or (C) the cost of any
         Property exceeds the original Construction Budget therefor (or the
         applicable Construction Budget modified in accordance with the
         Operative Agreements) in each case as previously delivered to the
         Agent, such overdue amount (in the case of Section 3.2(b)(i)) or all
         Holder Advances, Holder Yield and all other amounts payable hereunder
         (in the case of Section 3.2(b)(ii)) shall, without limiting the rights
         of the Holders hereunder or under any Operative Agreement, bear
         interest at the Holder Overdue Rate, in each case (x) from the date of
         nonpayment until paid (whether after or before judgment) (in the case
         of Section 3.2(b)(i)) or (y) Completion of all Properties (in the case
         of Section 3.2(b)(ii)). All such amounts referenced in this Section
         3.2(b) shall be paid upon demand.

         SECTION 3.3       SCHEDULED RETURN OF HOLDER ADVANCES.

         The outstanding Holder Amount shall be due in full on the Expiration
Date. On each such date and on the Expiration Date, subject to the terms of the
Participation Agreement, the Owner Trustee shall pay to each Holder its portion
of the aggregate Holder Amount then due, together with all accrued but unpaid
Holder Yield and all other amounts due to such Holders from the Owner Trustee
hereunder or under the Operative Agreements.

         SECTION 3.4       EARLY RETURN OF ADVANCES.

                  (a) Subject to Sections 11.2(e), 11.3 and 11.4 of the
         Participation Agreement and Section 5.9 of the Credit Agreement, the
         Owner Trustee may at any time and from time to time prepay the
         Certificates, in whole or in part, without premium or penalty, upon at
         least three (3) Business Days' irrevocable notice to the Agent, on
         behalf of the Holders, specifying the date and amount of prepayment and
         whether the prepayment is of ABR Holder Advances or Eurodollar Holder
         Advances or a combination thereof, and, if a combination thereof, the
         amount allocable to each. Upon receipt of such notice, the Agent shall
         promptly notify the Holders thereof. If such notice is given, the
         amount specified in such notice shall be due and payable on the date
         specified therein. Amounts prepaid shall not be readvanced, except as
         set forth in Section 5.2(d) of the Participation Agreement.

                  (b) If on any date the Agent or the Owner Trustee shall
         receive any payment in respect of (i) any Casualty, Condemnation or
         Environmental Violation pursuant to Sections 15.1(a) or 15.1(g) or
         Article XVI of the Lease (excluding any payments in respect thereof
         which are payable to Lessee in accordance with the Lease), or (ii) the
         Termination Value of any Property in connection with the delivery of a
         Termination Notice pursuant to Article XVI of the Lease, or (iii) the
         Termination Value of any Property or such other applicable amount in
         connection with the exercise of a Purchase Option under Article XX of
         the Lease or the exercise of the option of the Owner Trustee

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         to transfer the Properties to the Lessee pursuant to Section 20.3 of
         the Lease or (iv) any payment required to be made or elected to be made
         by the Construction Agent to the Owner Trustee pursuant to the
         Construction Agency Agreement, then in each case, the Holders shall
         receive proceeds in accordance with Section 8.7(b) of the Participation
         Agreement.

                  (c) Each prepayment of the Certificates pursuant to Section
         3.4(a) shall be allocated to reduce the respective Holder Property
         Costs of all Properties pro rata according to the Holder Property Costs
         of such Properties immediately before giving effect to such prepayment.
         Each prepayment of the Certificates pursuant to Section 3.4(b) shall be
         allocated to reduce the Holder Property Cost of the Property or
         Properties subject to the respective Casualty, Condemnation,
         Environmental Violation, termination, purchase, transfer or other
         circumstance giving rise to such prepayment.

         SECTION 3.5       PAYMENTS FROM TRUST ESTATE ONLY.

         All payments to be made by the Owner Trustee under this Trust Agreement
(including without limitation any payments pursuant to Section 11.4 of the
Participation Agreement) shall be made only from the income and proceeds from
the Trust Estate and only to the extent that the Owner Trustee shall have
received income or proceeds from the Trust Estate to make such payments in
accordance with the terms hereof, except as specifically provided in Section
6.1. Each Holder agrees that it will look solely to the income and proceeds from
the Trust Estate to the extent available for payment as herein provided and
that, except as specially provided in any Operative Agreement, Trust Company
shall not be liable to any Holder for any amounts payable under this Trust
Agreement and shall not be subject to any liability under this Trust Agreement.

         SECTION 3.6       METHOD OF PAYMENT.

         All amounts payable to a Holder pursuant to this Trust Agreement shall
be paid or caused to be paid by the Owner Trustee to, or for the account of,
such Holder, or its nominee, by transferring such amount in immediately
available funds to a bank institution or banking institutions with bank wire
transfer facilities for the account of such Holder or as otherwise instructed in
writing from time to time by such Holder.

         SECTION 3.7       COMPUTATION OF YIELD.

                  (a) Whenever it is calculated on the basis of the Prime
         Lending Rate, Holder Yield shall be calculated on the basis of a year
         of three hundred sixty-five (365) days (or three hundred sixty-six
         (366) days, as the case may be) for the actual days elapsed; and,
         otherwise, Holder Yield shall be calculated on the basis of a year of
         three hundred sixty (360) days for the actual days elapsed. Any change
         in the Holder Yield resulting from a change in the ABR or the
         Eurocurrency Reserve Requirements shall become effective as of the
         opening of business on the day on which such change becomes effective.

                  (b) Pursuant to Section 12.12 of the Participation Agreement,
         the calculation of Holder Yield under this Section 3.7 shall be made by
         the Agent. Each determination

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of       an interest rate by the Agent shall be conclusive and binding on the
         Owner Trustee and the Holders in the absence of manifest error.

                  (c) If the Eurodollar Rate cannot be determined by the Agent
         in the manner specified in the definition of the term "Eurodollar
         Rate", the Owner Trustee shall give or cause to be given telecopy or
         telephonic notice thereof to the Holders as soon as practicable after
         receipt of same from the Agent. Commencing on the Scheduled Interest
         Payment Date next occurring after the delivery of such notice and
         continuing until such time as the Eurodollar Rate can be determined by
         the Agent in the manner specified in the definition of such term, all
         outstanding Holder Advances shall bear a yield at the ABR. Until such
         time as the Eurodollar Rate can be determined by the Agent in the
         manner specified in the definition of such term, no further Eurodollar
         Holder Advances shall be made or shall be continued as such at the end
         of the then current Interest Period nor shall the Owner Trustee have
         the right to convert ABR Holder Advances to Eurodollar Holder Advances.

         SECTION 3.8       CONVERSION AND CONTINUATION OPTIONS.

                  (a) The Owner Trustee may elect from time to time to convert
         Eurodollar Holder Advances to ABR Holder Advances by giving the Agent
         (on behalf of the Holders) at least three (3) Business Days' prior
         irrevocable notice of such election, provided, that any such conversion
         of Eurodollar Holder Advances may only be made on the last day of an
         Interest Period with respect thereto, and provided, further, to the
         extent an Event of Default has occurred and is continuing on the last
         day of any such Interest Period, the applicable Eurodollar Holder
         Advance shall automatically be converted to an ABR Holder Advance. The
         Owner Trustee may elect from time to time to convert ABR Holder
         Advances to Eurodollar Holder Advances by giving the Agent (on behalf
         of the Holders) at least three (3) Business Days' prior irrevocable
         notice of such election. Any such notice of conversion to Eurodollar
         Holder Advances shall specify the length of the initial Interest Period
         or Interest Periods therefor. Upon receipt of any such notice, the
         Agent (on behalf of the Holders) shall promptly notify each Holder
         thereof. All or any part of outstanding Eurodollar Holder Advances or
         ABR Holder Advances may be converted as provided herein, provided, that
         (i) no ABR Holder Advance may be converted into a Eurodollar Holder
         Advance after the date that is one (1) month prior to the Maturity Date
         and (ii) such notice of conversion shall contain an election by the
         Owner Trustee of an Interest Period for such Eurodollar Holder Advance
         to be created by such conversion and such Interest Period shall be in
         accordance with the terms of the definition of the term "Interest
         Period" including without limitation subparagraphs (A) through (D)
         thereof.

                  (b) Subject to the restrictions set forth in Section 3.1,
         except as otherwise requested by the Owner Trustee upon at least three
         (3) Business Days' prior written notice to the Agent (on behalf of the
         Holders) in accordance with the notice provisions for the conversion of
         ABR Holder Advances to Eurodollar Holder Advances set forth herein and
         the applicable provisions of the term "Interest Period" of the length
         of the next Interest Period to be applicable to such Eurodollar Holder
         Advances, any Eurodollar

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         Holder Advance shall be continued as a Eurodollar Holder Advance of the
         same Interest Period upon the expiration of the then current Interest
         Period with respect thereto without the need for the Owner Trustee to
         give notice to the Agent (on behalf of the Holders), provided, that no
         Eurodollar Holder Advance may be continued as such after the date that
         is one (1) month prior to the Maturity Date, provided, further, no
         Eurodollar Holder Advance may be continued as such if an Event of
         Default has occurred and is continuing as of the last day of the
         Interest Period for such Eurodollar Holder Advance, and provided,
         further, that if the Owner Trustee shall fail to give any required
         notice as described above or if such continuation is not permitted
         pursuant to the preceding proviso or otherwise, such Advances shall
         automatically be converted to ABR Advances on the last day of such then
         expiring Interest Period.

         SECTION 3.9       NOTICE OF AMOUNTS PAYABLE.

                  (a) In the event that any Holder becomes aware that any
         amounts are or will be owed to it pursuant to Sections 11.2 or 11.3 of
         the Participation Agreement or that it is unable to make Holder
         Advances which bear a yield based on the Eurodollar Rate plus the
         Applicable Percentage for Eurodollar Holder Advances, then it shall
         promptly notify the Owner Trustee thereof and, as soon as possible
         thereafter, such Holder shall submit to the Owner Trustee a certificate
         indicating the amount owing to it and the calculation thereof. The
         amounts set forth in such certificate shall be prima facie evidence of
         the obligations of the Owner Trustee hereunder.

                  (b) In the event that (i) any Holder shall fail to make
         available to the Owner Trustee such Holder's ratable portion of any
         Holder Advance (and no Default or Event of Default shall have occurred
         and be continuing) or (ii) any Holder delivers to the Owner Trustee a
         certificate in accordance with Section 3.9(a), or any Holder is
         required to make Holder Advances with Holder Yields calculated at the
         ABR in accordance with Section 11.3(d) of the Participation Agreement,
         subject to Section 9.2 of the Participation Agreement, the Owner
         Trustee may, at the expense of Lessee and in the discretion of the
         Owner Trustee, (i) require such Holder to transfer or assign, in whole
         or (with such Holder's consent) in part, without recourse (in
         accordance with Section 11.8), all or (with such Holder's consent) part
         of its interests, rights (except for rights to be indemnified for
         actions taken while a party hereunder) and obligations under this
         Agreement to a replacement bank or institution if the Owner Trustee
         (subject to Section 9.2 of the Participation Agreement) and with the
         full cooperation of such Holder) can identify a Person who is ready,
         willing and able to be such replacement bank or institution with
         respect thereto and such replacement bank or institution (which may be
         another Holder) shall assume such assigned obligations, or (ii) during
         such time as no Default or Event of Default has occurred and is
         continuing, terminate the Holder Commitment of such Holder and prepay
         the outstanding Holder Advances of such Holder, provided, however, that
         (x) subject to Section 9.2 of the Participation Agreement, the Owner
         Trustee or such replacement bank or institution, as the case may be,
         shall have paid to such Holder in immediately available funds the
         amount of the Holder Advances and Holder Yield accrued to the date of
         such payment on the Holder Advances made by it hereunder (and, if such
         Holder is also a Lender, the principal and interest on all Loans
         accrued and unpaid

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         thereon) and (y) such assignment or termination of the Holder
         Commitment of the Holder and prepayment of the Holder Advances do not
         conflict with any law, rule or regulation or order of any court or
         Governmental Authority.

                                   ARTICLE IV

                          COLLECTIONS AND DISTRIBUTIONS

         SECTION 4.1       COLLECTIONS AND REMITTANCES BY THE OWNER TRUSTEE.

         The Owner Trustee agrees that, subject to the provisions of this Trust
Agreement and the Operative Agreements, it will during the term of this Trust
administer the Trust Estate and, at the direction of the Holders, take steps to
collect all Rent and other sums payable to the Owner Trustee by Lessee under the
Lease. The Owner Trustee agrees to distribute, or cause to be distributed, all
proceeds received from the Trust Estate in accordance with Article III and
Sections 4.2 and 4.3. The Owner Trustee shall make, or cause to be made, such
distribution promptly upon receipt of such proceeds (provided, such proceeds are
available for distribution) by the Agent (on behalf of the Owner Trustee), it
being understood and agreed that the Owner Trustee shall not be obligated to
make, or to cause to be made, such distribution until the funds for such
distribution have been received by the Agent (on behalf of the Owner Trustee) in
cash or its equivalent reasonably acceptable to the Owner Trustee.

         SECTION 4.2       PRIORITY OF DISTRIBUTIONS.

         Subject to the terms and requirements of the Operative Agreements, all
payments and amounts received by Trust Company as the Owner Trustee or on its
behalf shall be distributed to the Agent for allocation by the Agent in
accordance with the terms of Section 8.7 of the Participation Agreement.

         SECTION 4.3       EXCEPTED PAYMENTS.

         Anything in this Article IV or elsewhere in this Trust Agreement to the
contrary notwithstanding, any Excepted Payment received at any time by the Owner
Trustee shall be distributed promptly to the Person entitled to receive such
Excepted Payment. Such funds, if not distributed on the day received, shall be
invested in money market funds authorized to invest in short term securities
issued or guaranteed as to principal and interest by the U.S. Government and
repurchase agreements with respect to such securities, including such funds to
which the Owner Trustee or an Affiliate provides management advice or other
services for a fee. Interest earnings on such funds invested in accordance with
this Section 4.3 shall be paid to the Lessee.

         SECTION 4.4       DISTRIBUTIONS AFTER DEFAULT.

         Subject to the terms of Section 5.1, the proceeds received by the Owner
Trustee from the exercise of any remedy under the Lease shall be distributed
pursuant to Section 4.2 above. This

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<PAGE>   13
Trust shall cease and terminate in accordance with the terms set forth in
Section 8.1 and upon the final disposition by the Owner Trustee of all of the
Trust Estate pursuant to this Section 4.4.

                                    ARTICLE V

                           DUTIES OF THE OWNER TRUSTEE

         SECTION 5.1       NOTICE OF CERTAIN EVENTS.

         In the event the Owner Trustee shall have knowledge of any Default or
Event of Default, the Owner Trustee shall give written notice thereof within
five (5) Business Days to each Holder, Lessee and the Agent unless such Default
or Event of Default no longer exists before the giving of such notice. Subject
to the provisions of Section 5.3 of this Trust Agreement and Sections 8.5 and
9.2 of the Participation Agreement, the Owner Trustee shall take or refrain from
taking such action as the Agent shall direct until such time as the Loans are
paid in full (and as more specifically provided in Sections 8.2(h) and 8.6 of
the Participation Agreement) and thereafter as the Majority Holders shall
direct, in each case by written instructions to the Owner Trustee. If the Owner
Trustee shall have given the Agent and the Holders (and respecting Sections 8.5
and 9.2 of the Participation Agreement, the Lessee) notice of any event and
shall not have received written instructions as above provided within thirty
(30) days after mailing notice of such event to the Agent and the Holders (and
respecting Sections 8.5 and 9.2 of the Participation Agreement, the Lessee), the
Owner Trustee may, but shall be under no duty to, and shall have no liability
for its failure or refusal to, take or refrain from taking any action with
respect thereto, not inconsistent with the provisions of the Operative
Agreements, as the Owner Trustee shall deem advisable and in the best interests
of the Lenders and the Holders. For all purposes of this Trust Agreement, in the
absence of actual knowledge of a Responsible Officer in the Corporate Trust
Department of Trust Company, the Owner Trustee shall be deemed not to have
knowledge of any Default or Event of Default unless a Responsible Officer of the
Corporate Trust Department of Trust Company receives notice thereof given by or
on behalf of a Holder, Lessee or the Agent.

         SECTION 5.2       ACTION UPON INSTRUCTIONS.

         Subject to the provisions of Sections 5.1 and 5.3, upon the written
instructions of the Agent or the Majority Holders (as applicable), the Owner
Trustee will take or refrain from taking such action or actions as may be
specified in such instructions. If the Owner Trustee is unable to determine
whether any such action or actions that it has been instructed to take by the
Majority Holders or the Lessee is consistent with the provisions of the
Operative Agreements, the Owner Trustee shall give notice in accordance with
Section 11.4 below of such proposed action or actions to the Holders and the
Lessee and unless, within ten (10) Business Days, any of such parties advises
the Owner Trustee in writing that the proposed action or actions are
inconsistent with the provisions of the Operative Agreements (including specific
reference to the particular provisions in question), the Owner Trustee shall be
entitled to presume that the proposed action or actions are not inconsistent
with the provisions of the Operative Agreements and the Owner Trustee shall
proceed in accordance with such instructions. The Owner Trustee and the Holders

                                       10
<PAGE>   14
acknowledge that the Owner Trustee is required to take action and to refrain
from taking action with regard to the Credit Agreement as instructed by the
Lessee in accordance with, and as limited by, Section 9.1 of the Participation
Agreement.

         SECTION 5.3       INDEMNIFICATION.

         The Owner Trustee shall not be required to take or refrain from taking
any action under this Trust Agreement or any other Operative Agreement (other
than the actions specified in the first sentence of Section 5.1 and in the last
sentence of Section 5.4) unless Trust Company shall have been indemnified by
Lessee or, at their election, by the Holders and the Lenders against any
liability, fee, cost or expense (including without limitation reasonable
attorneys' fees and expenses) that may be incurred or charged in connection
therewith, other than such as may result from the willful misconduct, bad faith
or gross negligence of the Owner Trustee. The Owner Trustee shall not be
required to take any action under any Operative Agreement if the Owner Trustee
shall reasonably determine, or shall have been advised by counsel, that such
action is likely to result in personal liability for which the Owner Trustee has
not been and will not be adequately indemnified or is contrary to the terms
hereof or of any Operative Agreement to which the Owner Trustee is a party or is
otherwise contrary to law. The Owner Trustee shall be under no liability with
respect to any action taken or omitted to be taken by the Owner Trustee in
accordance with instructions of the Agent or the Majority Holders pursuant to
Section 5.2.

         SECTION 5.4       NO DUTIES EXCEPT AS SPECIFIED IN TRUST AGREEMENT OR
         INSTRUCTIONS.

         The Owner Trustee shall not have any duty or obligation to manage,
control, use, make any payment in respect of, register, record, insure, inspect,
sell, dispose of or otherwise deal with any Property or any other part of the
Trust Estate, or to otherwise take or refrain from taking any action under or in
connection with any Operative Agreement to which the Owner Trustee is a party,
except as expressly provided by the terms of this Trust Agreement or any other
Operative Agreement or in written instructions from the Agent and/or the
Majority Holders, as applicable, received pursuant to Sections 5.1, 5.2 or 8.4
of this Trust Agreement or Sections 8.2(h) or 8.6 of the Participation Agreement
or from the Lessee pursuant to Sections 8.5 or 9.2 of the Participation
Agreement; and no implied duties or obligations shall be read into this Trust
Agreement against the Owner Trustee. The Owner Trustee shall have no duty or
obligation to supervise or monitor the performance of the Construction Agent
pursuant to the Construction Agency Agreement which for all purposes shall be an
independent contractor. The Owner Trustee nevertheless agrees that it will (in
its individual capacity and at its own cost and expense), promptly take all
action as may be necessary to discharge any Lessor Liens on any part of the
Trust Estate.

         SECTION 5.5       NO ACTION EXCEPT UNDER SPECIFIED DOCUMENTS OR
         INSTRUCTIONS.

         The Owner Trustee agrees that it will not manage, control, use, sell,
dispose of or otherwise deal with any Property or any other part of the Trust
Estate except (a) as required by the terms of the Operative Agreements, (b) in
accordance with the powers granted to, or the authority conferred upon, it
pursuant to this Trust Agreement, (c) in accordance with the express

                                       11
<PAGE>   15
terms hereof or with written instructions from the Agent and/or the Majority
Holders, as applicable, pursuant to Sections 5.1, 5.2 or 8.4 or (d) from the
Lessee pursuant to Sections 8.5 or 9.2 of the Participation Agreement.

         SECTION 5.6       ABSENCE OF DUTIES.

                  (a) Except in accordance with written instructions furnished
         pursuant to Sections 5.1, 5.2 or 8.4, and without limitation of the
         generality of Section 5.4, the Owner Trustee shall not have any duty to
         (i) file, record or deposit any Operative Agreement or any other
         document, or to maintain any such filing, recording or deposit or to
         refile, rerecord or redeposit any such document; (ii) obtain insurance
         on any Property or effect or maintain any such insurance, other than to
         receive and forward to each Holder and the Agent any notices, policies,
         certificates or binders furnished to the Owner Trustee pursuant to the
         Lease; (iii) maintain any Property; (iv) pay or discharge any Tax or
         any Lien owing with respect to or assessed or levied against any part
         of the Trust Estate, except as provided in the last sentence of Section
         5.4, other than to forward notice of such Tax or Lien received by the
         Owner Trustee to each Holder and the Agent; (v) confirm, verify,
         investigate or inquire into the failure to receive any reports or
         financial statements of Lessee or any other Person; (vi) inspect any
         Property any time or ascertain or inquire as to the performance or
         observance of any of the covenants of Lessee or any other Person under
         any Operative Agreement with respect to any Property; or (vii) manage,
         control, use, sell, dispose of or otherwise deal with any Property or
         any part thereof or any other part of the Trust Estate, except as
         provided in Section 5.5.

                  (b) The Owner Trustee, in the exercise or administration of
         the trusts and powers hereunder, including without limitation its
         obligations under Section 5.2, may, at the reasonable expense of
         Lessee, employ agents, attorneys, accountants, and auditors and enter
         into agreements with any of them and the Owner Trustee shall not be
         liable, either in its individual capacity or in its capacity as the
         Owner Trustee, for the default or misconduct of any such agents,
         attorneys, accountants or auditors if such agents, attorneys,
         accountants or auditors shall have been selected by it in good faith.
         Notwithstanding the foregoing, as long as there does not exist any
         Lease Event of Default, no such agents, attorneys, accountants or
         auditors shall be employed without the prior written consent of the
         Lessee, which consent may not be unreasonably withheld or delayed;
         provided that such consent shall not be required with respect to the
         Owner Trustee's exercise or administration of the trusts and powers
         hereunder if the same is required by any amendment, waiver or consent
         relating to any Operative Agreement.

                                       12
<PAGE>   16
                                   ARTICLE VI

                                THE OWNER TRUSTEE

         SECTION 6.1       ACCEPTANCE OF TRUST AND DUTIES.

         The Owner Trustee accepts the trust and duties hereby created and
agrees to perform the same, but only upon the terms of this Trust Agreement. The
Owner Trustee agrees to receive, manage and disburse all moneys constituting
part of the Trust Estate actually received by it as the Owner Trustee in
accordance with the terms of this Trust Agreement. The Owner Trustee shall not
be answerable or accountable under any circumstances, except for (i) its own
willful misconduct, bad faith or gross negligence, (ii) the inaccuracy of any of
its representations or warranties contained in Section 6.3 of this Trust
Agreement or Section 6.1 of the Participation Agreement, (iii) its failure to
perform obligations expressly undertaken by it in the last sentence of Section
5.4 of this Trust Agreement or in Section 8.2(a) of the Participation Agreement,
(iv) Taxes based on or measured by any fees, commissions or compensation
received by it for acting as the Owner Trustee in connection with any of the
transactions contemplated by the Operative Agreements, or (v) its failure to use
ordinary care to receive, manage and disburse moneys actually received by it in
accordance with the terms of the Operative Agreements.

         SECTION 6.2       FURNISHING OF DOCUMENTS.

         The Owner Trustee will furnish to each Holder and to the Agent,
promptly upon receipt thereof, duplicates or copies of all reports, notices,
requests, demands, opinions, certificates, financial statements and any other
instruments or writings furnished to the Owner Trustee hereunder or under the
Operative Agreements, unless by the express terms of any Operative Agreement a
copy of the same is required to be furnished by some other Person directly to
the Holders and/or the Agent, or the Owner Trustee shall have determined that
the same has already been furnished to the Holders and the Agent.

         SECTION 6.3       NO REPRESENTATIONS OR WARRANTIES AS TO THE PROPERTIES
         OR OPERATIVE AGREEMENTS.

         THE OWNER TRUSTEE MAKES (i) NO REPRESENTATION OR WARRANTY, EITHER
EXPRESS OR IMPLIED, AS TO THE TITLE, VALUE, USE, CONDITION, DESIGN, OPERATION,
MERCHANTABILITY OR FITNESS FOR USE OF ANY PROPERTY (OR ANY PART THEREOF), OR ANY
OTHER REPRESENTATION, WARRANTY OR COVENANT WHATSOEVER, EXPRESS OR IMPLIED, WITH
RESPECT TO ANY PROPERTY (OR ANY PART THEREOF) AND THE OWNER TRUSTEE SHALL NOT BE
LIABLE FOR ANY LATENT, HIDDEN, OR PATENT DEFECT THEREIN OR THE FAILURE OF ANY
PROPERTY, OR ANY PART THEREOF, TO COMPLY WITH ANY LEGAL REQUIREMENT except that
the Owner Trustee hereby represents, warrants and covenants to each Holder that
it will comply with the last sentence of Section 5.4, and (ii) no representation
or warranty as to the validity or enforceability of any Operative Agreement or
as to the correctness of any statement made by a Person other than the Owner
Trustee or the Owner Trustee contained in any thereof, except that the Owner
Trustee represents, warrants and

                                       13
<PAGE>   17
covenants to each Holder that this Trust Agreement has been and each of the
other Operative Agreements which contemplates execution thereof by the Owner
Trustee has been or will be executed and delivered by its officers who are, or
will be, duly authorized to execute and deliver documents on its behalf and is
enforceable against it in accordance with its terms except to the extent such
enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium and other similar laws relating to or affecting
creditors' rights generally, general equitable principles (whether considered in
a proceeding in equity or at law) and an implied covenant of good faith and fair
dealing.

         SECTION 6.4       NO SEGREGATION OF MONEYS; NO INTEREST.

         Except as otherwise provided herein or in any of the other Operative
Agreements, moneys received by the Owner Trustee hereunder need not be
segregated in any manner except to the extent required by law, and may be
deposited under such general conditions as may be prescribed by law, and neither
Trust Company nor the Owner Trustee shall be liable for any interest thereon,
except as may be agreed to in writing by the Owner Trustee or the Trust Company.

         SECTION 6.5       RELIANCE; ADVICE OF COUNSEL.

         The Owner Trustee shall not incur any liability to any Person in acting
upon any signature, instrument, notice, resolution, request, consent, order,
certificate, report, opinion, bond or other document or paper believed by it to
be genuine and believed by it in good faith to be signed by the proper party or
parties. The Owner Trustee may accept and rely upon a certified copy of a
resolution of the board of directors or other governing body of any corporate
party as conclusive evidence that such resolution has been duly adopted by such
body and that the same is in full force and effect. As to any fact or matter the
manner of ascertainment of which is not specifically prescribed herein, the
Owner Trustee may for all purposes hereof rely on an Officer's Certificate of
the relevant party, as to such fact or matter, and such certificate shall
constitute full protection to the Owner Trustee for any action taken or omitted
to be taken by it in good faith in reliance thereon. In the administration of
the trusts hereunder, the Owner Trustee may execute any of the trusts or powers
hereof and perform its powers and duties hereunder directly or through agents or
attorneys and may consult with counsel, accountants and other skilled Persons to
be selected and employed by it, and the Owner Trustee shall not be liable for
anything done, suffered or omitted in good faith by it in accordance with the
advice or opinion of any such counsel, accountants or other skilled Persons and
not contrary to this Trust Agreement.

         SECTION 6.6       LIABILITY WITH RESPECT TO DOCUMENTS.

         The Owner Trustee, either in its trust or individual capacities, shall
not incur any liability to any Person for or in respect of the recitals herein,
the validity or sufficiency of this Trust Agreement or for the due execution
hereof by each Holder or for the form, character, genuineness, sufficiency,
value or validity of any Property or for or in respect of the validity or
sufficiency of any of the Operative Agreements and the Owner Trustee, either in
its trust or individual capacities, shall in no event assume or incur any
liability, duty or obligation to any

                                       14
<PAGE>   18
Person or to any Holder, other than as expressly provided for herein or in any
of the other Operative Agreements.

         SECTION 6.7       NOT ACTING IN INDIVIDUAL CAPACITY.

         All Persons having any claim against the Owner Trustee by reason of the
transactions contemplated by the Operative Agreements shall look only to the
Trust Estate (or a part thereof, as the case may be) for payment or satisfaction
thereof, except as specifically provided in this Article VI and except to the
extent that the Owner Trustee shall otherwise expressly agree in any Operative
Agreement to which it is a party, including without limitation Section 6.1 and
Section 8.2(a) of the Participation Agreement and the last sentence of Section
5.4 hereof.

         SECTION 6.8       BOOKS AND RECORDS; TAX RETURNS.

                  (a) The Owner Trustee shall be responsible for the keeping of
         all appropriate books and records relating to the receipt and
         disbursement of all moneys that it may receive hereunder, or under any
         other Operative Agreement. The Owner Trustee shall, at the expense of
         Lessee, file an application with the Internal Revenue Service for a
         taxpayer identification number with respect to the trust created
         hereby. The Owner Trustee shall, at the expense of Lessee, prepare or
         cause to be prepared and the Owner Trustee shall sign and/or file the
         federal fiduciary tax return with respect to Taxes due and payable by
         the trust created hereby in connection with the transactions
         contemplated hereby and by any other Operative Agreement. Each Holder
         shall furnish the Owner Trustee with all such information as may be
         reasonably required from such Holder (as such is requested in writing
         by the Owner Trustee) in connection with the preparation of such tax
         returns. The Owner Trustee shall keep copies of all returns delivered
         to or filed by it.

                  (b) The Owner Trustee, either in its trust or individual
         capacities, shall be under no obligation to appear in, prosecute or
         defend any action, which in its opinion may require it to incur any
         out-of-pocket expense or any liability unless the Owner Trustee shall
         be furnished with such reasonable security and indemnity by Lessee (or,
         at the election of the Majority Secured Parties, by the Holders and the
         Lenders) against such expense or liability as it may require. The Owner
         Trustee may, but shall be under no duty to, undertake such action as it
         may deem necessary at any and all times, without any further action by
         the Agent or any Holder to protect one (1) or more of the Properties
         and the rights and interests of the Holders pursuant to the terms of
         this Trust Agreement; provided, however, that the Owner Trustee may
         obtain reimbursement for the reasonable out-of-pocket expenses and
         costs of such actions, undertakings or proceedings from Lessee.

         SECTION 6.9       TAX TREATMENT.

         Except as otherwise required by applicable law, each of the Holders and
the Owner Trustee, by entering into this Trust Agreement, agrees that it will
file its own federal, state and local income, franchise and other tax returns in
a manner that is consistent with the treatment of

                                       15
<PAGE>   19
the trust as a grantor trust. The parties agree that, unless otherwise required
by applicable law, the Holders shall file, or cause to be filed, annual or other
necessary returns, reports and other forms consistent with the characterization
of the trust as a grantor trust for such tax purposes.

                                   ARTICLE VII

                      INDEMNIFICATION OF THE OWNER TRUSTEE

         SECTION 7.1       INDEMNIFICATION GENERALLY.

         The Owner Trustee is indemnified for matters related to the
transactions described herein by Lessee pursuant to Section 11 of the
Participation Agreement. Except as may be specifically provided from time to
time hereafter in writing by the Holders, the Owner Trustee shall not have any
right of indemnification from any Holder with respect to the transactions
described herein or in any of the other Operative Agreements.

         SECTION 7.2       COMPENSATION AND EXPENSES.

         Lessee has agreed to pay the fees and expenses of the Owner Trustee and
the Holder Commitment Fees as provided in Sections 7.3 and 7.4, respectively, of
the Participation Agreement.

         SECTION 7.3       LIMITATION.

         The Trust Company and the Owner Trustee shall not be required to
exhaust their remedies against the Lessee (or any other liable Person) under the
Operative Agreements before seeking to enforce their rights against the Holders
under this Article VII.

                                  ARTICLE VIII

                         TERMINATION OF TRUST AGREEMENT

         SECTION 8.1       TERMINATION OF TRUST AGREEMENT.

         This Trust Agreement and the trusts created hereby shall terminate and
the Trust Estate shall, subject to the provisions of the Participation
Agreement, the other Operative Agreements and Article IV of this Trust
Agreement, be distributed pro rata to the Holders, and this Trust Agreement
shall be of no further force or effect, upon the earliest of (a) the joint
written request of the Majority Holders following the sale or other final
disposition by the Owner Trustee of all property constituting part of the Trust
Estate and the final distribution by the Owner Trustee of all moneys or other
property or proceeds constituting part of the Trust Estate in accordance with
the terms hereof; provided, however, that (except as provided for in the
Operative Agreements) the Trust Estate shall not be subject to sale or other
final disposition by the Owner Trustee prior

                                       16
<PAGE>   20
to the payment in full and discharge of the Advances and all other indebtedness
secured by the Mortgage Instruments, Security Agreement and Lease and the
release of the Credit Documents and the Liens granted thereby and the payment in
full of the Holder Amount and Holder Yield thereon and all other amounts owing
to the Holders under any of the Operative Agreements and (b) fifty (50) years
after the date hereof.

         SECTION 8.2       TERMINATION AT OPTION OF THE HOLDERS.

         Notwithstanding Section 8.1, this Trust Agreement and the trusts
created hereby shall terminate and the Trust Estate shall be distributed pro
rata to the Holders, and this Trust Agreement shall be of no further force and
effect, upon the joint election of the Holders by notice to the Owner Trustee,
if such notice shall be accompanied by the written agreement of each Holder
assuming all the obligations of the Owner Trustee under or contemplated by the
Operative Agreements and all other obligations of the Owner Trustee incurred by
it as trustee hereunder; provided, however, that each Holder agrees for the
express benefit of the Agent and the Lenders, that without the consent of the
Majority Lenders, no such election shall be effective until the Liens and
security interests of the Security Documents on the Collateral shall have been
released and until full payment of the principal of, and interest on the Loans
and all other sums due to the Lenders shall have been made. Such written
agreement shall be reasonably satisfactory in form and substance to the Owner
Trustee and shall release the Owner Trustee from all further obligations of the
Owner Trustee hereunder and under the agreements and other instruments mentioned
in the preceding sentence.

         SECTION 8.3       TERMINATION AT OPTION OF THE OWNER TRUSTEE.

         At any time that the Lease shall no longer be in full force and effect
and the Agent shall have confirmed in writing to the Owner Trustee that the
Lenders have received payment in full of the principal of and interest on the
Loans and that all other sums due to the Agent and the Lenders under the
Operative Agreements shall have been made, then the Holders hereby authorize the
Owner Trustee to: (a) terminate this Trust Agreement and the trusts created
hereby and (b) distribute and convey the Trust Estate pro rata to the Holders by
executing the necessary transfer documents as contemplated by Section 8.4. The
exercise of such option by the Owner Trustee shall cause this Trust Agreement to
be of no further force and effect and shall release the Owner Trustee from all
further obligations of the Owner Trustee hereunder and under the agreements and
other instruments mentioned in the preceding sentence.

         SECTION 8.4       ACTIONS BY THE OWNER TRUSTEE UPON TERMINATION.

         Upon termination of this Trust Agreement and the trusts created hereby
pursuant to Sections 8.1, 8.2 or 8.3, the Owner Trustee shall upon notice of
such event take such action as may be necessary or as may be requested by the
Majority Holders to transfer the Trust Estate pro rata to the Holders, including
without limitation the execution of instruments of transfer or assignment with
respect to any of the Operative Agreements to which the Owner Trustee is a
party.

                                       17
<PAGE>   21
         SECTION 8.5       BANKRUPTCY OF HOLDER.

         The bankruptcy, insolvency or other similar incapacity of any Holder
shall not (i) operate to terminate this Trust Agreement or the trust created
hereby, (ii) entitle such Holder's legal representatives to claim an accounting
or to take any action in any court for a partition or winding up of the Trustee
Estate or (iii) otherwise affect the rights, obligations or liabilities of the
parties hereto. Without the prior written consent of the Agent, no Holder may
withdraw from the trust or obtain possession of, or otherwise exercise remedies
with respect to, the Trust Estate or any portion thereof prior to the
satisfaction and discharge of the Liens of the Security Documents; provided,
however, nothing in this Section 8.5 shall prevent (a) the distribution of any
funds to the Holders in accordance with Section 8 of the Credit Agreement, or
(b) the exercise by the Holders of any remedies with respect to the Excepted
Payments.

                                   ARTICLE IX

                   SUCCESSOR OWNER TRUSTEES, CO-OWNER TRUSTEES
                           AND SEPARATE OWNER TRUSTEES

         SECTION 9.1       RESIGNATION OF THE OWNER TRUSTEE; APPOINTMENT OF
         SUCCESSOR.

                  (a) The Owner Trustee may resign at any time without cause by
         giving at least thirty (30) days' prior written notice to each Holder,
         the Agent and Lessee; provided, however, that such resignation shall
         not be effective until the acceptance of appointment by a successor
         Owner Trustee under Section 9.1(b). The Owner Trustee may be removed
         with or without cause at any time by the Majority Holders upon consent
         to such removal by the Agent and with sixty (60) days' prior written
         notice to the Owner Trustee, a copy of which notice shall be
         concurrently delivered by the Majority Holders to the Agent and Lessee.
         Any such removal shall be effective upon the acceptance of appointment
         by a successor Owner Trustee under Section 9.1(b). In case of the
         resignation or removal of the Owner Trustee, the Holders may appoint a
         successor Owner Trustee by an instrument signed by the Majority
         Holders; provided, however, that such successor Owner Trustee must be
         approved by the Agent. In the event the Owner Trustee shall be an
         individual, his death or incapacity, or termination of employment
         (whether voluntary or involuntary) with First Security Bank, National
         Association (or a successor corporate Owner Trustee) shall be treated
         as a resignation hereunder and shall be effective immediately. If a
         successor Owner Trustee shall not have been appointed within thirty
         (30) days after the giving of written notice of such resignation or the
         delivery of the written instrument with respect to such removal, the
         Owner Trustee or any Holder may apply to any court of competent
         jurisdiction to appoint a successor Owner Trustee to act until such
         time, if any, as a successor shall have been appointed and shall have
         accepted its appointment as above provided. Any successor Owner Trustee
         so appointed by such court shall immediately and without further act be
         superseded by any successor Owner Trustee appointed as above provided
         within one (1) year from the date of the appointment by such court.

                                       18
<PAGE>   22
                  (b) Any successor Owner Trustee, however appointed, shall
         execute and deliver to the predecessor Owner Trustee an instrument
         accepting such appointment, and thereupon such successor Owner Trustee,
         without further act shall become vested with all the estates,
         properties, rights, powers, duties and trusts of the predecessor Owner
         Trustee in the trusts hereunder with like effect as if originally named
         an Owner Trustee herein; but nevertheless, upon the written request of
         such successor Owner Trustee such predecessor Owner Trustee shall
         execute and deliver an instrument transferring to such successor Owner
         Trustee, upon the trusts herein expressed, all the estates, properties,
         rights, powers, duties and trusts of such predecessor Owner Trustee,
         and such predecessor Owner Trustee shall duly assign, transfer, deliver
         and pay over to such successor Owner Trustee all moneys or other
         property then held by such predecessor Owner Trustee upon the trusts
         herein expressed.

                  (c) Any successor Owner Trustee, however appointed, shall be a
         bank or trust company incorporated and doing business within the United
         States of America and having a combined capital and surplus of at least
         $50,000,000, if there be such an institution willing, able and legally
         qualified to perform the duties of the Owner Trustee hereunder upon
         reasonable or customary terms.

                  (d) Any corporation into which the Owner Trustee may be merged
         or converted or with which it may be consolidated, or any corporation
         resulting from any merger, conversion or consolidation to which the
         Owner Trustee shall be a party, or any corporation to which
         substantially all the corporate trust business of the Owner Trustee may
         be transferred, shall, subject to the terms of Section 9.1(c), be the
         Owner Trustee under this Trust Agreement without further act.

         SECTION 9.2       CO-TRUSTEES AND SEPARATE TRUSTEES.

         Whenever (a) the Owner Trustee or the Majority Holders shall deem it
necessary or prudent in order either to conform to any law of any jurisdiction
in which all or any part of the Trust Estate shall be situated or to which it
may be subject or to make any claim or bring any suit with respect to the Trust
Estate or any Operative Agreement, (b) the Owner Trustee or the Majority Holders
shall be advised by counsel satisfactory to it that it is so necessary or
prudent, or (c) the Owner Trustee shall have been directed to do so by the
Majority Holders and the Agent, the Owner Trustee and the Holders shall execute
and deliver an agreement supplemental hereto and all other instruments and
agreements, and shall take all other action, necessary or proper to constitute
one (1) or more Persons who need not meet the requirements of Section 9.1(c)
(and the Owner Trustee may appoint one (1) or more of its officers) either as
co-trustee or co-trustees (the "Co-Owner Trustee"), jointly with the Owner
Trustee, of all or any part of the Trust Estate, or as separate trustee or
separate trustees of all or any part of the Trust Estate, and to vest in such
Persons, in such capacity, such title to the Trust Estate or any part thereof
and such rights or duties as may be necessary or desirable, all for such period
and under such terms and conditions as are satisfactory to the Owner Trustee and
the Holders. In accordance with the foregoing:

                                       19
<PAGE>   23
                  (i) The Owner Trustee shall appoint a Co-Owner Trustee
         hereunder in part so that if, under any present or future law of any
         state where any Property is located or of any jurisdiction in which it
         may be necessary to perform any act in carrying out the trusts herein
         created, the Owner Trustee or any of its successors may be incompetent
         or unqualified or incapacitated or unwilling to perform certain acts as
         such Owner Trustee, then upon the written request of the Owner Trustee
         of any of its successors received by any Co-Owner Trustee, all of such
         acts required to be performed in such jurisdiction in the execution of
         the trust hereby created, shall and will be performed by any Co-Owner
         Trustee, or any of his successors, in trust acting alone, as if he or
         such successor had been specifically authorized so to do or had been
         the sole Owner Trustee hereunder. Any Co-Owner Trustee shall continue
         to perform such acts until otherwise directed in writing by the Owner
         Trustee or any of its successors. Any request in writing by the Owner
         Trustee or any of its successors to the Co-Owner Trustee shall be
         sufficient warrant for him to take such action as may be so requested.

                  (ii) Except as it may be deemed necessary for any Co-Owner
         Trustee or any of his successors solely or jointly to execute the
         trusts herein created, the Owner Trustee or any of its successors shall
         solely have and exercise the powers, and shall be solely charged with
         the performance of the duties, hereinbefore declared on the part of the
         Owner Trustee to be had, exercised and performed; and any Co-Owner
         Trustee shall not be liable therefor. Any Co-Owner Trustee or any
         successor to him may delegate to the Owner Trustee or its successor
         hereunder the exercise of any power, discretion or otherwise, conferred
         by any provision of this Trust Agreement.

                  (iii) Any act of the Owner Trustee herein required or
         authorized shall and will be jointly or separately performed by the
         Owner Trustee or its successors hereunder and by any Co-Owner Trustee
         or any of his successors appointed hereunder, if such joint performance
         or separate performance shall be necessary to the legality of such act
         and when so acting all references herein to "First Security Bank,
         National Association" shall be deemed to be references to such Co-Owner
         Trustee in its individual capacity and all references to "Owner
         Trustee" shall be deemed to be references to any Co-Owner Trustee, and
         such Co-Owner Trustee shall be entitled to all the protection,
         indemnification, immunity and compensation herein provided to the Owner
         Trustee acting singly in reference to such acts (subject to the
         limitations to such a protection, indemnification, immunity and
         compensation set forth herein).

                  (iv) The Owner Trustee or its successor in trust shall have
         and is hereby given the power at any time by an instrument in writing
         duly executed by a Vice President, to remove any Co-Owner Trustee or
         his successor, from his position as Co-Owner Trustee hereunder. In the
         case of death, resignation, removal, incapacity or inability to act
         hereunder of the Co-Owner Trustee, or his successor as Co-Owner
         Trustee, any adult citizen of the United States of America may be
         appointed Co-Owner Trustee hereunder by the person who shall at the
         time be a Vice President of the corporation then acting as the Owner
         Trustee hereunder by an instrument in writing duly executed, and under
         its corporate seal, and, subject to its right to revoke such
         appointment or to appoint another person, the Owner Trustee shall
         appoint a successor Co-Owner Trustee, such

                                       20
<PAGE>   24
         appointment to be immediately effective in case of the death,
         resignation, removal or inability or incapacity to act hereunder of the
         Co-Owner Trustee. In the event a vacancy occurs in the office of the
         Co-Owner Trustee, either by reason of resignation, removal, incapacity
         or inability to act and no successor is appointed pursuant to the
         foregoing provisions within thirty (30) days after such vacancy occurs,
         the Holders and the Agent may jointly appoint a successor to the
         Co-Owner Trustee in the same manner as is provided for the appointment
         of a successor to the Co-Owner Trustee hereunder.

                  (v) At any time or times, for the purposes of meeting the
         legal requirements of any jurisdiction in which any part of the Trust
         Estate hereunder may at the time be located, or to avoid any violation
         of law or imposition of taxes not otherwise imposed on the Owner
         Trustee, or if the Owner Trustee shall deem it desirable for its own
         protection, the Owner Trustee shall have power to appoint one (1) or
         more persons (who may be officers of the Owner Trustee either to act as
         an additional co-trustee, jointly with the Owner Trustee) of all or any
         part of the Trust Estate hereunder, or of any property constituting
         part thereof, or to act as separate trustee of any part of the Trust
         Estate in either case with such powers as may be provided in the
         instrument of appointment and are consistent with the terms hereof, and
         to vest in such person or persons in the capacity as aforesaid, any
         property, title, right or power deemed necessary or desirable, subject
         to the remaining provisions of this Section 9.2.

                  (vi) Notwithstanding any provision of this Trust Agreement to
         the contrary, any additional co-trustee shall act upon and be subject
         to the following terms and conditions:

                           All rights, powers, duties and obligations conferred
                  or imposed upon the Owner Trustee shall be conferred or
                  imposed solely upon and solely exercised and performed by the
                  Owner Trustee except to the extent that under any law of any
                  jurisdiction in which any particular act or acts are to be
                  performed the Owner Trustee or the Owner Trustee shall be
                  incompetent or unqualified to perform such act or acts or to
                  avoid any violation of law or imposition of taxes not
                  otherwise imposed on the Owner Trustee, or if the Owner
                  Trustee shall deem it desirable for its own protection, in
                  which event such rights, powers, duties and obligations shall
                  be exercised and performed by such co-trustee or Co-Owner
                  Trustee.

                  (vii) No power granted by this Trust Agreement to, or which
         this Trust Agreement provides may be exercised by, the Owner Trustee in
         respect of the custody, control and management of moneys may be
         exercised by any Co-Owner Trustee or any subsequently appointed
         co-trustee except jointly with, or with the consent in writing of, the
         Owner Trustee for disbursement or application in accordance with the
         terms hereof.

                  (viii) All moneys which may be received or collected by any
         Co-Owner Trustee or such subsequently appointed co-trustees shall be
         paid over to the Owner Trustee to be distributed in accordance with
         this Trust Agreement and the other Operative Agreements.

                                       21
<PAGE>   25
                  (ix) Any Co-Owner Trustee, or any subsequently appointed
         co-trustee to the extent permitted by law, does hereby constitute the
         Owner Trustee or its successors hereunder his or her agent or attorney
         in fact, with full power and authority to do any and all acts and
         things and exercise any and all discretion authorized or permitted by
         the Co-Owner Trustee or such subsequently appointed co-trustee, in its
         behalf or in its name.

                  (x) No trustee hereunder shall be personally liable by reason
         of any act or omission of any other trustee hereunder.

         SECTION 9.3       NOTICE.

         At all times that a successor Owner Trustee is appointed pursuant to
Section 9.1, an Owner Trustee resigns pursuant to Section 9.1 or the Co-Owner
Trustee, a co-trustee or separate trustee, is appointed pursuant to Section 9.2,
the Holders shall give joint notice of such fact within thirty (30) days of its
occurrence to (x) Lessee, if the Lease is then in effect and (y) the Agent, if
the Credit Agreement is in effect.

         SECTION 9.4       REQUIRED CONSENTS.

         Notwithstanding the provisions of Section 9.1 and 9.2 above, the Owner
Trustee shall not be removed and no successor Owner Trustee, co-trustee or
separate trustee shall be appointed without the consent of the Agent and, so
long as no Default or Event of Default shall have occurred and be continuing,
the Lessee (which consent shall not unreasonably be withheld or delayed) as long
as the Liens of the Security Documents remain in full force and effect.

                                    ARTICLE X

                                   AMENDMENTS

         SECTION 10.1      AMENDMENTS.

         This Trust Agreement may be terminated, amended, supplemented, waived
or modified in accordance with Section 12.4 of the Participation Agreement.

         SECTION 10.2      LIMITATION ON AMENDMENTS.

         Notwithstanding Section 10.1, the Owner Trustee shall not, without the
consent of the Agent execute any amendment that might result in the trusts
created hereunder being terminated prior to the satisfaction and discharge of
the Lien and security interest of the Security Documents on the Collateral or
prior to the payment in full of the principal of, and interest on the Loans and
other than in accordance with the terms of the Credit Agreement.

                                       22
<PAGE>   26
                                   ARTICLE XI

                                  MISCELLANEOUS

         SECTION 11.1      NO LEGAL TITLE TO TRUST ESTATE IN THE HOLDERS.

         The Holders shall not have legal title to any part of the Trust Estate;
provided, however, that each Holder has a pro rata beneficial interest in the
Trust Estate. No transfer, by operation of law or otherwise, of any right, title
or interest of a Holder in and to the Trust Estate or hereunder shall operate to
terminate this Trust Agreement or the Trust or the trusts hereunder or entitle
any successor or transferee to an accounting or to the transfer to it of legal
title to any part of the Trust Estate.

         SECTION 11.2      SALE OF A PROPERTY BY THE OWNER TRUSTEE IS BINDING.

         Any sale, transfer, or other conveyance of any Property or any part
thereof by the Owner Trustee made pursuant to the terms of this Trust Agreement
or any other Operative Agreement shall bind the Holders and shall be effective
to sell, transfer and convey all right, title and interest of the Owner Trustee
and the Holders in and to such Property or any part thereof. No purchaser or
other grantee shall be required to inquire as to the authorization, necessity,
expediency or regularity of such sale or conveyance or as to the application of
any sale or other proceeds with respect thereto by the Owner Trustee. Nothing
herein shall be deemed to permit any sale, transfer or other conveyance of the
Property or any part thereof by the Owner Trustee on behalf of the Trust other
than in accordance with the terms of the Operative Agreements.

         SECTION 11.3      LIMITATIONS ON RIGHTS OF OTHERS.

         Nothing in this Trust Agreement whether express or implied, shall be
construed to give to any Person, other than the Owner Trustee and each Holder,
any legal or equitable right, remedy or claim under or in respect of this Trust
Agreement, any covenants, conditions or provisions contained herein or in the
Trust Estate; but this Trust Agreement shall be held for the sole and exclusive
benefit of the Owner Trustee and the Holders. The Agent shall have the right to
enforce the provisions of Sections 5.1, 5.2, 5.3, 5.4, 6.2, 6.8, 8.1, 8.2, 8.3,
9.1, 9.2, 9.3, 10.1 and 10.2 prior to the payment in full of the principal of
and interest on the Loans and such other amounts due and payable to the Lenders
or the Agent under the Operative Agreements.

         SECTION 11.4      NOTICES.

         Unless otherwise expressly specified or permitted by the terms hereof,
all notices hereunder shall be given as provided in Section 12.2 of the
Participation Agreement.

         SECTION 11.5      SEVERABILITY.

         Any provision of this Trust Agreement that may be determined by
competent authority to be prohibited or unenforceable in any jurisdiction shall,
as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions

                                       23
<PAGE>   27
hereof, and any such prohibition or unenforceability in any jurisdiction shall
not invalidate or render unenforceable such provision in any other jurisdiction.

         SECTION 11.6      LIMITATION ON THE HOLDERS' LIABILITY.

         No Holder shall have any liability for the performance of this Trust
Agreement except as expressly set forth herein.

         SECTION 11.7      SEPARATE COUNTERPARTS.

         This Trust Agreement may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original,
but all such counterparts shall together constitute but one (1) and the same
instrument.

         SECTION 11.8      SUCCESSORS AND ASSIGNS.

                  (a) All covenants and agreements contained herein shall be
         binding upon, and inure to the benefit of, Trust Company, the Owner
         Trustee and its successors and assigns and each Holder and its
         successors and assigns, all as herein provided. Any request, notice,
         direction, consent, waiver or other instrument or action by a Holder
         shall bind the successors and assigns of such Holder.

                  (b) Any Holder may transfer or assign all or any portion of
         its right, title and interest in the Trust Estate, this Trust Agreement
         and the Certificate of such Holder to an Eligible Assignee in
         accordance with the requirements of Section 10.1 of the Participation
         Agreement and pursuant to an assignment agreement in substantially the
         form of Exhibit B, which assignment agreement shall provide, without
         limitation, that the assignee undertakes and assumes all obligations
         and covenants of a Holder under this Trust Agreement and the other
         Operative Agreements. The Holder proposing the transfer or assignment
         shall notify the Owner Trustee, the Agent and Lessee in writing of the
         effective date of the transfer or assignment, which effective date
         shall be at least three (3) Business Days after the date of such
         notification. The cost of issuance of such new Certificates shall be
         allocated to the assigning Holder and the assignee as determined by
         such parties. The Owner Trustee shall maintain a register showing the
         Holders and their respective interests in the Trust Estate and, upon
         the occurrence of a permitted assignment pursuant to this Section
         11.8(b), shall issue a Certificate to the assignee and, if the
         assigning Holder is maintaining an interest hereunder, a new
         Certificate to such assigning Holder representing its revised interest
         in the Trust Estate. The Owner Trustee shall not recognize any
         purported assignment or transfer by a Holder that does not comply with
         the terms of this Section 11.8 and any such attempted transfer or
         assignment by a Holder in violation of the terms of this Section 11.8
         shall be null and void and of no effect.

                                       24
<PAGE>   28
         SECTION 11.9      HEADINGS.

         The headings of the various articles and sections herein are for
convenience of reference only and shall not define or limit any of the terms or
provisions hereof.

         SECTION 11.10     GOVERNING LAW.

         THIS TRUST AGREEMENT HAS BEEN DELIVERED IN, AND SHALL IN ALL RESPECTS
BE GOVERNED BY AND CONSTRUED, INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE
LAW OF, THE STATE OF UTAH.

         SECTION 11.11     PERFORMANCE BY THE HOLDERS.

         Any obligation of the Owner Trustee hereunder or under any Operative
Agreement or other document contemplated herein may be performed by the Holders
(or by one (1) of them with the written consent of the other) and any such
performance shall not be construed as a revocation of the trusts created hereby.

         SECTION 11.12     CONFLICT WITH OPERATIVE AGREEMENTS.

         If this Trust Agreement (or any instructions given by a Holder pursuant
hereto) shall require that any action be taken with respect to any matter and
any other Operative Agreement (or any instructions duly given in accordance with
the terms thereof) shall require that a different action be taken with respect
to such matter, and such actions shall be mutually exclusive, the provisions of
such other Operative Agreement, in respect thereof, shall control.

         SECTION 11.13     NO IMPLIED WAIVER.

         No term or provision of this Trust Agreement may be changed, waived,
discharged or terminated orally, but only by an instrument in writing entered
into as provided in Section 10.1; and any such waiver of the term hereof shall
be effective only in the specific instance and for the specific purpose given.

         SECTION 11.14     SUBMISSION TO JURISDICTION; VENUE.

         THE PROVISIONS OF THE PARTICIPATION AGREEMENT RELATING TO SUBMISSION TO
JURISDICTION AND VENUE ARE HEREBY INCORPORATED BY REFERENCE HEREIN, MUTATIS
MUTANDIS.

         SECTION 11.15     THIRD PARTY BENEFICIARY.

         The parties hereto acknowledge and agree that the Lessee is a third
party beneficiary of this Agreement and has all rights attendant thereto.

                                       25
<PAGE>   29
         SECTION 11.16     REPRESENTATION AND WARRANTIES.

         To induce the Holders to enter into this Agreement and to make the
Holder Advances, each of the Owner Trustee and the Trust Company hereby makes
and affirms the representations and warranties set forth in Section 6.1 of the
Participation Agreement to the same extent as if such representations and
warranties were set forth in this Agreement in their entirety.

         SECTION 11.17     MUTILATED, DESTROYED, LOST OR STOLEN CERTIFICATES.

         If any Certificate shall become mutilated, destroyed, lost or stolen,
the Owner Trustee shall, upon the written request and at the sole cost and
expense of the Holder of such Certificate, issue and deliver in replacement
thereof a new Certificate in the form of Exhibit A hereto, to the same Holder
and dated the same date as the Certificate so mutilated, destroyed, lost or
stolen. The Owner Trustee shall make a notation on each new Certificate of the
amount of all redemptions of Advances and payments of yield theretofore made on
the Certificate so mutilated, destroyed, lost or stolen and the date to which
yield on such old Certificate has been paid. If the Certificate being replaced
has been mutilated, such Certificate shall be surrendered to the Owner Trustee.
If the Certificate being replaced has been destroyed, lost or stolen, the Holder
of such Certificate shall furnish to the Owner Trustee (a) such security or
indemnity as may be required by the Owner Trustee to save the Owner Trustee
harmless and (b) evidence satisfactory to the Owner Trustee of the destruction,
loss or theft of such Certificate and of the ownership thereof.

                            [signature pages follow]
<PAGE>   30
         IN WITNESS WHEREOF, the parties hereto have caused this Trust Agreement
to be duly executed by their respective officers hereunto duly authorized, as of
the date set forth above.

                                    HOLDERS:

                                    BANK OF AMERICA, N.A.

                                    By: /s/ DOUGLAS T. MECKELNBURG
                                        ----------------------------------
                                    Name: Douglas T. Meckelnburg
                                    Title: Vice President

                                    KEYBANK NATIONAL ASSOCIATION

                                    By: /s/ MARY K. YOUNG
                                        ----------------------------------
                                    Name: Mary K. Young
                                    Title: Assistant Vice President

                                    UNION BANK OF CALIFORNIA, N.A

                                    By: /s/ GLENN LEYRER
                                        ----------------------------------
                                    Name: Glenn Leyrer
                                    Title: Vice President

                                    WELLS FARGO BANK, NATIONAL ASSOCIATION

                                    By: /s/ ERIC C. HOUSER
                                        ----------------------------------
                                    Name: Eric C. Houser
                                    Title: Vice President

                                    OWNER TRUSTEE:

                                    FIRST SECURITY BANK, NATIONAL ASSOCIATION

                                    By: /s/ VAL T. ORTON
                                        ----------------------------------
                                    Name: Val T. Orton
                                    Title: Vice President

                                (VS Trust 2000-1)

<PAGE>   31
                                   SCHEDULE I

                               HOLDER COMMITMENTS

<TABLE>
<CAPTION>
                                                         Holder Commitment
                  Name of Holder                         Amount/Percentage
                  --------------                         -----------------
<S>                                                     <C>        <C>
Bank of America, N.A.                                   $390,000   32.5%
555 California Street, 41st Floor
Mail Code CA5-705-41-01
San Francisco, CA 94104
Attn:           Doug Meckelnburg
Telephone:      (415) 953-9155
Telecopy:       (415) 622-0632

KeyBank National Association                            $390,000   32.5%
700 Fifth Avenue, 46th Floor
Seattle, WA 98104
Attention: Mary K. Young
Telephone:  (206) 684-6085
Telecopy:  (206) 684-6035

Union Bank of California, N.A.                          $270,000   22.5%
1980 Saturn Street
Monterey Park, CA 91755
Attention:  Gohar Karapetyan,
            Vice President
Telephone:  (323)720-2679
Telecopy:  (323)724-6198

Wells Fargo Bank, National Association                  $150,000   12.5%
201 3rd Street, 8th Floor
San Francisco, CA 94301
Attention:  Rosanna Roxas
Telephone:  (415)477-5390
Telecopy:  (415) 979-0675

         TOTAL                                         $1,200,000  100%
</TABLE>

<PAGE>   32
                                    EXHIBIT A

                           FORM OF HOLDER CERTIFICATE

                    FIRST SECURITY BANK, NATIONAL ASSOCIATION

                                  TRUSTEE UNDER

                    TRUST AGREEMENT DATED AS OF March 9, 2000

                               HOLDER CERTIFICATE

                                 VS TRUST 2000-1

                                                              ____________, 2000

         First Security Bank, National Association, as trustee (herein in such
capacity called the "Owner Trustee") under that certain Trust Agreement dated as
of March 9, 2000 (herein called the "Trust Agreement", the defined terms therein
not otherwise defined herein being used herein with the same meanings), among
the several banks and other financial institutions from time to time parties to
the Trust Agreement as the Holders and the Owner Trustee, hereby certifies for
the benefit of [HOLDER] as follows: (i) this Holder Certificate is a Holder
Certificate referred to in Section 3.1(d) of the Trust Agreement, which Holder
Certificate has been issued by the Owner Trustee pursuant to the Trust Agreement
and (ii) subject to the prior payment of Notes to the extent provided for in
Section 8.7 of the Participation Agreement, and to the assignment, pledge or
mortgage of the Trust Estate to secure the Notes as set forth in the applicable
Operative Agreements, the holder of this Holder Certificate has an undivided
beneficial interest in properties of the Owner Trustee constituting part of the
Trust Estate and is entitled to receive as provided in the Trust Agreement, a
portion of the Rent received or to be received by the Owner Trustee for the
Properties, as well as a portion of certain other payments which may be received
by the Owner Trustee pursuant to the terms of the Operative Agreements as more
particularly set forth therein.

         All amounts payable hereunder and under the Trust Agreement shall be
paid only from the income and proceeds from the Trust Estate and only to the
extent that the Owner Trustee (or the Agent on behalf of the Owner Trustee)
shall have received sufficient income or proceeds from the Trust Estate to make
such payments in accordance with the terms of the Trust Agreement, except as
specifically provided in Section 6.1 of the Trust Agreement; and the holder
hereof, by its acceptance of this Holder Certificate, agrees that it will look
solely to the income and proceeds from the Trust Estate to the extent available
for distribution to the holder hereof as provided in the Trust Agreement and
that, except as specifically provided in the Trust

                                      A-1
<PAGE>   33
Agreement, the Owner Trustee is not personally liable to the holder hereof for
any amount payable under this Holder Certificate or the Trust Agreement.

         The amounts payable to the holder hereof pursuant to the Trust
Agreement shall be paid or caused to be paid by the Owner Trustee to, or for the
account of, such Holder, or its nominee, by transferring such amount in
immediately available funds to a bank institution or banking institutions with
bank wire transfer facilities for the account of such Holder or as otherwise
instructed in writing from time to time by such Holder.

         This Holder Certificate shall mature, and all amounts payable to the
holder hereof pursuant to the Trust Agreement shall be due and payable, on the
Maturity Date.

         This Holder Certificate shall bear a yield on the unpaid amount hereof
from time to time outstanding hereunder and under the Trust Agreement at the
Holder Yield as provided in the Trust Agreement. The Holder Yield on this Holder
Certificate shall be computed as provided in the Trust Agreement and shall be
payable at the rates, at the times and from the dates specified in the Trust
Agreement.

         From and after the execution of the Participation Agreement, the rights
of the holder of this Holder Certificate under the Trust Agreement as well as
the beneficial interest of the holder of this Holder Certificate in and to the
properties of the Owner Trustee constituting part of the Trust Estate, are
subject and subordinate to the rights of the holders of the Notes to the extent
provided in the applicable Operative Agreements. The Trust Estate has been or
will be assigned, pledged and mortgaged to the Agent, on behalf of the Lenders
and the Holders, as security for the Notes and the Holder Certificates.
Reference is hereby made to the Trust Agreement, the Participation Agreement,
the Credit Agreement, the Security Agreement and the Notes for statements of the
rights of the holder of this Holder Certificate and of the rights of the holders
of, and the nature and extent of the security for, the Notes, as well as for a
statement of the terms and conditions of the trusts created by the Trust
Agreement, to all of which terms and conditions the holder hereof agrees by its
acceptance of this Holder Certificate.

         The holder hereof, by its acceptance of this Holder Certificate, agrees
not to transfer this Holder Certificate except in accordance with the terms of
the Trust Agreement and the other Operative Agreements.

         THIS HOLDER CERTIFICATE SHALL BE INTERPRETED AND ENFORCED AND THE
RIGHTS AND LIABILITIES OF THE PARTIES HERETO DETERMINED, INTERPRETED AND
ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS (AS OPPOSED TO CONFLICTS OF LAW
PROVISIONS) AND DECISIONS OF THE STATE OF UTAH. WHENEVER POSSIBLE EACH PROVISION
OF THIS HOLDER CERTIFICATE SHALL BE INTERPRETED IN SUCH MANNER AS TO BE
EFFECTIVE AND VALID UNDER APPLICABLE LAW, BUT IF ANY PROVISION OF THIS HOLDER
CERTIFICATE SHALL BE PROHIBITED BY OR INVALID UNDER APPLICABLE LAW, SUCH
PROVISION SHALL BE INEFFECTIVE TO THE EXTENT OF SUCH PROHIBITION OR INVALIDITY,
WITHOUT INVALIDATING THE REMAINDER OF SUCH PROVISION OR THE REMAINING PROVISIONS
OF THIS HOLDER CERTIFICATE.

                                      A-2
<PAGE>   34
         [The remainder of this page has been intentionally left blank.]

                                      A-3
<PAGE>   35

         IN WITNESS WHEREOF, the undersigned authorized officer of the Owner
Trustee has executed this Holder Certificate as of the date first set forth
above.

                                                     FIRST SECURITY BANK,
                                                     NATIONAL ASSOCIATION, not
                                                     individually, except as
                                                     expressly set forth herein,
                                                     but solely as the Owner
                                                     Trustee under the VS Trust
                                                     2000-1

                                                     By:
                                                        ------------------------
                                                     Name:
                                                          ----------------------
                                                     Title:
                                                           ---------------------

<PAGE>   36
                                    EXHIBIT B

                        FORM OF ASSIGNMENT AND ACCEPTANCE

         Reference is made to the Trust Agreement, dated as of March 9, 2000 (as
amended, supplemented or otherwise modified from time to time, the "Trust
Agreement"), among FIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its
individual capacity except as stated therein, but solely as the Owner Trustee
under the VS Trust 2000-1 (the "Owner Trustee" or the "Owner Trustee") and the
Holders named therein. Unless otherwise defined herein, terms defined in the
Trust Agreement (or pursuant to Section 1 of the Trust Agreement, defined in
other agreements) and used herein shall have the meanings given to them in or
pursuant to the Trust Agreement.

         [____________________] (the "Assignor") and [____________________] (the
"Assignee") agree as follows:

         1. The Assignor hereby irrevocably sells and assigns to the Assignee
without recourse to the Assignor, and the Assignee hereby irrevocably purchases
and assumes from the Assignor without recourse to the Assignor, as of the
Effective Date (as defined below), a [___%] interest (the "Assigned Interest")
in and to the Assignor's rights and obligations under the Trust Agreement with
respect to the facility contained in the Trust Agreement as are set forth on
Schedule 1 hereto (the "Assigned Facility"), in a principal amount for the
Assigned Facility as set forth on Schedule 1.

         2. The Assignor (a) makes no representation or warranty and assumes no
responsibility with respect to any statements, warranties or representations
made in or in connection with the Trust Agreement or any other Operative
Agreement or the execution, legality, validity, enforceability, genuineness,
sufficiency or value of the Trust Agreement, any other Operative Agreement or
any other instrument or document furnished pursuant thereto, other than that it
has not created any adverse claim upon the interest being assigned by it
hereunder and that such interest is free and clear of any such adverse claim;
(b) makes no representation or warranty and assumes no responsibility with
respect to the financial condition of the Owner Trustee or any other obligor or
the performance or observance by the Owner Trustee, or any other obligor of any
of their respective obligations under the Trust Agreement or any other Operative
Agreement or any other instrument or document furnished pursuant hereto or
thereto; and (c) attaches the Certificate held by it evidencing the Assigned
Facility and requests that the Owner Trustee exchange such Certificate for a new
Certificate payable to the Assignee and (if the Assignor has retained any
interest in the Assigned Facility) a new Certificate payable to the Assignor in
the respective amounts which reflect the assignment being made hereby (and after
giving effect to any other assignments which have become effective on the
Effective Date).

         3. The Assignee (a) represents and warrants that it is legally
authorized to enter into this Assignment and Acceptance; (b) confirms that it
has received copies of the Operative Agreements, and such other documents and
information as it has deemed appropriate to make its own credit analysis and
decision to enter into this Assignment and Acceptance; (c) agrees that it will,
independently and without reliance upon the Assignor, the Agent, any other
Holder or the Owner Trustee and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Trust

                                      B-1
<PAGE>   37
Agreement, the other Operative Agreements or any other instrument or document
furnished pursuant hereto or thereto; (d) appoints and authorizes the Agent and
the Owner Trustee, respectively, to take such action as agent on its behalf and
to exercise such powers and discretion under the Trust Agreement, the other
Operative Agreements or any other instrument or document furnished pursuant
hereto or thereto as are delegated to the Agent and the Owner Trustee,
respectively, by the terms thereof, together with such powers as are incidental
thereto; and (e) agrees that it will be bound by the provisions of the Trust
Agreement and the other Operative Agreements to which Assignee is a party and
will perform in accordance herewith all the obligations which by the terms of
the Trust Agreement and the other Operative Agreements to which Assignee is a
party are required to be performed by it as a Holder including without
limitation, if it is organized under the laws of a jurisdiction outside the
U.S., its obligation pursuant to Section 11.2(e) of the Participation Agreement.

         4. The effective date of this Assignment and Acceptance shall be
[_________, ____] (the "Effective Date"). Following the execution of this
Assignment and Acceptance, it will be delivered to the Owner Trustee for
acceptance by it and recording by the Owner Trustee pursuant to Section 11.8(b)
of the Trust Agreement, effective as of the Effective Date (which shall not,
unless otherwise agreed to by the Owner Trustee, be earlier than five (5)
Business Days after the date of such acceptance and recording by the Owner
Trustee).

         5. Upon such acceptance and recording, from and after the Effective
Date, the Owner Trustee shall make, or cause to be made, all payments in respect
of the Assigned Interest (including without limitation payments of Holder
Advance, yield, fees and other amounts) to the Assignee whether such amounts
have accrued prior to the Effective Date or accrue subsequent to the Effective
Date. The Assignor and the Assignee shall make all appropriate adjustments in
payments by the Owner Trustee for periods prior to the Effective Date or with
respect to the making of this assignment directly between themselves.

         6. From and after the Effective Date, (a) the Assignee shall be a party
to the Trust Agreement and, to the extent provided in this Assignment and
Acceptance, have the rights and obligations of a Lender thereunder and under the
other Operative Agreements and shall be bound by the provisions thereof and (b)
the Assignor shall, to the extent provided in this Assignment and Acceptance,
relinquish its rights and be released from its obligations under the Trust
Agreement and the other Operative Agreements.

         7. This Assignment and Acceptance shall be governed by, and construed,
INTERPRETED AND ENFORCED in accordance with the laws of the State of UTAH.

                                      B-2
<PAGE>   38
         IN WITNESS WHEREOF, the parties hereto have caused this Assignment and
Acceptance to be executed as of the date first above written by their respective
duly authorized officers on Schedule 1 hereto.

                                      [________________________]

                                      By:
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

                                      [________________________]

                                      By:
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

                                      Consented To:

                                      VERITAS OPERATING CORPORATION, as the
                                      Construction Agent and as the Lessee

                                      By:
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

                                      BANK OF AMERICA, N.A., as the Agent

                                      By:
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

                                      FIRST SECURITY BANK,
                                      NATIONAL ASSOCIATION,
                                      not individually, but
                                      solely as the Owner
                                      Trustee under the VS
                                      Trust 2000-1

                                      By:
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

<PAGE>   39
                                   SCHEDULE 1
                          TO ASSIGNMENT AND ACCEPTANCE
                        RELATING TO THE TRUST AGREEMENT,
                DATED AS OF March 9, 2000 (THE "TRUST AGREEMENT")
                                      AMONG
                   FIRST SECURITY BANK, NATIONAL ASSOCIATION,
                   NOT INDIVIDUALLY EXCEPT AS STATED THEREIN,
                        BUT SOLELY AS THE OWNER TRUSTEE,
                                       AND
                            THE HOLDERS NAMED THEREIN

Name of Assignor: [_______________]

Name of Assignee: [_______________]

Effective Date of Assignment:  [_______________]

<TABLE>
<CAPTION>
         Trust Agreement            Holder Advance          Commitment
         Facility Assigned          Amount Assigned         Percentage Assigned
         -----------------          ---------------         -------------------
<S>                                 <C>                     <C>
         Holder Commitment          [$___________]          [__________%] of the
         Amount pursuant to                                 aggregate Holder Commitment
         above-referenced Trust                             (which is [___%] of the Assignor's
         Agreement                                          Holder Commitment)
</TABLE>

         [__________________]

         By:
            ----------------------
         Name:
              --------------------
         Title:
               -------------------

         [__________________]

         By:
            ----------------------
         Name:
              --------------------
         Title:
               -------------------<PAGE>   1
                                                                   Exhibit 10.37

--------------------------------------------------------------------------------

                                CREDIT AGREEMENT

                           Dated as of March 9, 2000

                                      among

                   FIRST SECURITY BANK, NATIONAL ASSOCIATION,
                           not individually, except as
                            expressly stated herein,
                         but solely as the Owner Trustee
                           under the VS Trust 2000-1,
                                as the Borrower,

                               The Several Lenders
                        from Time to Time Parties Hereto,

                                       and

                             BANK OF AMERICA, N.A.,
                                  as the Agent

--------------------------------------------------------------------------------

<PAGE>   2

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                            Page
<S>                                                                         <C>
SECTION 1.  DEFINITIONS.......................................................1
        1.1 Definitions.......................................................1
        1.2 Interpretation....................................................1

SECTION 2.  AMOUNT AND TERMS OF COMMITMENTS...................................1
        2.1 Commitments.......................................................1
        2.2 Notes.............................................................2
        2.3 Procedure for Borrowing...........................................2
        2.4 Lender Commitment Fees............................................3
        2.5 Termination or Reduction of Commitments...........................3
        2.6 Prepayments and Payments..........................................4
        2.7 Conversion and Continuation Options...............................5
        2.8 Interest Rates and Payment Dates..................................5
        2.9 Computation of Interest...........................................6
        2.10 Pro Rata Treatment and Payments..................................7
        2.11 Notice of Amounts Payable; Mandatory Assignment..................8
        2.12 Increase of Commitments..........................................9

SECTION 3.  REPRESENTATIONS AND WARRANTIES....................................9

SECTION 4.  CONDITIONS PRECEDENT..............................................9
        4.1 Conditions to Effectiveness.......................................9
        4.2 Conditions to Each Loan...........................................9

SECTION 5.  COVENANTS.........................................................9
        5.1 Other Activities..................................................9
        5.2 Ownership of Properties, Indebtedness............................10
        5.3 Disposition of Assets............................................10
        5.4 Compliance with Operative Agreements.............................10
        5.5 Further Assurances...............................................10
        5.6 Notices..........................................................10
        5.7 Discharge of Liens...............................................10
        5.8 Trust Agreement..................................................11
        5.9 Maintenance of Equity............................................11

SECTION 6.  EVENTS OF DEFAULT................................................11

SECTION 7.  THE AGENT........................................................14
        7.1 Appointment......................................................14
        7.2 Delegation of Duties.............................................14
        7.3 Exculpatory Provisions...........................................14
        7.4 Reliance by the Agent............................................15
</TABLE>

                                        i
<PAGE>   3

<TABLE>
<CAPTION>
                                                                            Page
<S>                                                                         <C>
        7.5 Notice of Default................................................15
        7.6 Non-Reliance on the Agent and Other Lenders......................16
        7.7 Indemnification..................................................16
        7.8 The Agent in Its Individual Capacity.............................17
        7.9 Successor Agent..................................................17
        7.10 Actions of the Agent on Behalf of Holders.......................17
        7.11 The Agent's Duty of Care........................................18

SECTION 8.  MATTERS RELATING TO PAYMENT AND COLLATERAL.......................18
        8.1 Collection and Allocation of Payments and Other Amounts..........18
        8.2 Certain Remedial Matters.........................................18
        8.3 Excepted Payments................................................18

SECTION 9.  MISCELLANEOUS....................................................19
        9.1 Amendments and Waivers...........................................19
        9.2 Notices..........................................................19
        9.3 No Waiver; Cumulative Remedies...................................19
        9.4 Survival of Representations and Warranties.......................19
        9.5 Payment of Expenses and Taxes....................................19
        9.6 Successors and Assigns; Participations and Assignments...........20
        9.7 Participations...................................................20
        9.8 Assignments......................................................20
        9.9 The Register.....................................................22
        9.10 Adjustments; Set-off............................................22
        9.11 Counterparts....................................................23
        9.12 Severability....................................................23
        9.13 Integration.....................................................23
        9.14 GOVERNING LAW...................................................23
        9.15 SUBMISSION TO JURISDICTION; VENUE...............................23
        9.16 Acknowledgements................................................23
        9.17 WAIVERS OF JURY TRIAL...........................................24
        9.18 Nonrecourse.....................................................24
        9.19 USURY SAVINGS PROVISION.........................................25
        9.20 Third Party Beneficiary.........................................26
        9.21 Mutilated, Destroyed, Lost or Stolen Notes......................26
</TABLE>

SCHEDULES

Schedule 2.1   Commitments and Addresses of Lenders

                                       ii
<PAGE>   4

EXHIBITS

Exhibit A-1    Form of Tranche A Note
Exhibit A-2    Form of Tranche B Note
Exhibit B      Form of Assignment and Acceptance

                                       iii
<PAGE>   5

                                CREDIT AGREEMENT

      THIS CREDIT AGREEMENT, dated as of March 9, 2000 (as amended, modified,
extended, supplemented, restated and/or replaced from time to time, the
"Agreement") is among FIRST SECURITY BANK, NATIONAL ASSOCIATION, not
individually, except as expressly stated herein, but solely as the Owner Trustee
under the VS Trust 2000-1 (the "Owner Trustee" or the "Borrower"), the several
banks and other financial institutions from time to time parties to this
Agreement (the "Lenders") and BANK OF AMERICA, N.A., a national banking
association, as a Lender and as the agent for the Lenders (the "Agent").

      The parties hereto hereby agree as follows:

                             SECTION 1. DEFINITIONS

      1.1 DEFINITIONS.

      For purposes of this Agreement, capitalized terms used in this Agreement
and not otherwise defined herein shall have the meanings assigned to them in
Appendix A to that certain Participation Agreement dated as of March 9, 2000 (as
amended, modified, extended, supplemented, restated and/or replaced from time to
time in accordance with the applicable provisions thereof, the "Participation
Agreement") among VERITAS Operating Corporation, as Lessee and Construction
Agent, the various parties thereto from time to time, as the Guarantors, the
Borrower, the various banks and other lending institutions which are parties
thereto from time to time, as the Holders, the various banks and other lending
institutions which are parties thereto from time to time, as the Lenders, and
the Agent, as agent for the Lenders and respecting the Security Documents, as
the agent for the Lenders and the Holders, to the extent of their interests.
Unless otherwise indicated, references in this Agreement to articles, sections,
paragraphs, clauses, appendices, schedules and exhibits are to the same
contained in this Agreement.

      1.2    INTERPRETATION.

      The rules of usage set forth in Appendix A to the Participation Agreement
shall apply to this Agreement.

      SECTION 2. AMOUNT AND TERMS OF COMMITMENTS

      2.1    COMMITMENTS.

      (a) Subject to the terms and conditions hereof, each of the Lenders
severally agrees to make the portion of the Tranche A Loans and the Tranche B
Loans to the Borrower from time to time during the Commitment Period in an
amount up to such Lender's Commitment as is set

<PAGE>   6

forth adjacent to such Lender's name in Schedule 2.1 hereto for the purpose of
enabling the Borrower to purchase the Properties and to pay Property Acquisition
Costs, Property Costs and Transaction Expenses, provided, that the aggregate
principal amount at any one (1) time outstanding with respect to each of the
Tranche A Loans and the Tranche B Loans shall not exceed the amount of the
Tranche A Commitments and the Tranche B Commitments respectively. Any
prepayments of the Loans, whether mandatory or at the Borrower's election, shall
not be subject to reborrowing except as set forth in Section 5.2(d) of the
Participation Agreement.

      (b)    The Loans may from time to time be (i) Eurodollar Loans, (ii) ABR
Loans, or (iii) a combination thereof, as determined by the Borrower and
notified to the Agent in accordance with Sections 2.3 and 2.7. In the event the
Borrower fails to provide notice pursuant to Section 2.3, the Loan shall be an
ABR Loan. Further, any Loans by the Lenders on a given date in an aggregate
amount less than $100,000 shall be ABR Loans, unless the remaining Available
Commitment for the Lenders in the aggregate is less than $100,000, in which
case, the Borrower may elect a Eurodollar Loan for such remaining amount.

      (c)    The Commitment of each Lender to make Tranche A Loans and Tranche B
Loans shall be pro rata.

      2.2    NOTES.

      The Loans made by each Lender shall be evidenced by promissory notes of
the Borrower, substantially in the form of Exhibit A-1 in the case of the
Tranche A Loans (each, a "Tranche A Note") or Exhibit A-2 in the case of the
Tranche B Loans (each, a "Tranche B Note," and with the Tranche A Notes, the
"Notes"), with appropriate insertions as to payee and date, payable to the order
of such Lender and in a principal amount up to the Tranche A Commitment or
Tranche B Commitment, as the case may be, of such Lender. Each Lender is hereby
authorized to record the date, Type and amount of each Loan made by such Lender,
each continuation thereof, each conversion of all or a portion thereof to
another Type, and the date and amount of each payment or prepayment of principal
thereof on the schedule annexed to and constituting a part of its Note, and any
such recordation shall constitute prima facie evidence of the accuracy of the
information so recorded, provided, that the failure to make any such recordation
or any error in such recordation shall not affect the Borrower's obligations
hereunder or under such Note. Each Note shall (i) be dated the Initial Closing
Date, (ii) be stated to mature on the Maturity Date and (iii) provide for the
payment of principal in accordance with Section 2.6(d) and the payment of
interest in accordance with Section 2.8.

      2.3    PROCEDURE FOR BORROWING.

      (a)    The Borrower may borrow under the Commitments during the Commitment
Period on any Business Day that an Advance may be requested pursuant to the
terms of Section 5.2 of the Participation Agreement, provided, that the Borrower
shall give the Agent irrevocable notice (which must be received by the Agent
prior to 12:00 Noon, Dallas, Texas time, at least three (3) Business Days prior
to the requested Borrowing Date specifying (i) the amount to be

                                        2
<PAGE>   7

borrowed (which on any date shall not be in excess of the then Available Lender
Commitments), (ii) the requested Borrowing Date, (iii) whether the borrowing is
to be of Eurodollar Loans, ABR Loans or a combination thereof, (iv) if the
borrowing is to be a combination of Eurodollar Loans and ABR Loans, the
respective amounts of each Type of Loan and (v) the Interest Period applicable
to each Eurodollar Loan. Pursuant to the terms of the Participation Agreement,
the Borrower shall be deemed to have delivered such notice upon the delivery of
a notice by the Construction Agent or the Lessee containing such required
information. Upon receipt of any such notice from the Borrower, the Agent shall
promptly notify each Lender thereof. Each Lender will make the amount of its pro
rata share of each borrowing available to the Agent for the account of the
Borrower at the office of the Agent specified in Section 9.2 prior to 12:00
Noon, Dallas, Texas time, on the Borrowing Date requested by the Borrower in
funds immediately available to the Agent. Such borrowing will then be made
available to the Borrower by the Agent crediting an account designated, subject
to Section 9.1 of the Participation Agreement, by the Borrower on the books of
such office with the aggregate of the amounts made available to the Agent by the
Lenders and in like funds as received by the Agent. No amount of any Loan which
is repaid or prepaid by the Borrower may be reborrowed hereunder, except as set
forth in Section 5.2(d) of the Participation Agreement.

      (b)    Interest accruing on each Loan during the Construction Period with
respect to any Property shall, subject to the limitations set forth in Section
5.1(b) of the Participation Agreement be added to the principal amount of such
Loan on the relevant Scheduled Interest Payment Date. On each such Scheduled
Interest Payment Date, the Loan Property Cost and Construction Loan Property
Cost shall be increased by the amount of interest added to the Loans.

      2.4    LENDER COMMITMENT FEES.

      Promptly after receipt from the Lessee of the payment of the Lender
Commitment Fee payable pursuant to Section 7.4 of the Participation Agreement,
the Agent shall distribute such payments to the Lenders pro rata in accordance
with their respective Commitments.

      2.5    TERMINATION OR REDUCTION OF COMMITMENTS.

      (a)    The Borrower shall have the right, upon not less than three (3)
Business Days' written notice to the Agent, to terminate the Commitments or,
from time to time, to reduce the amount of the Commitments, provided, that (i)
after giving effect to such reduction, the aggregate outstanding principal
amount of the Loans shall not exceed the aggregate Commitments and (ii) such
notice shall be accompanied by a certificate of the Construction Agent stating
that the amount not less than ninety-seven percent (97%) of aggregate Budgeted
Total Property Costs as of the date of such reduction does not exceed the
aggregate amount of Available Commitments as of such date after giving effect to
such reduction. Any such reduction (A) shall be in an amount equal to the lesser
of (1) $1,000,000 (or an even multiple thereof) or (2) the remaining Available
Commitments, (B) shall reduce permanently the Commitments then in effect and (C)
shall be pro rata for the Commitments of all Lenders and pro rata between the
Tranche A Loans and the Tranche B Loans.

                                        3
<PAGE>   8

      (b)    The Commitments respecting any particular Property shall
automatically be reduced to zero (0) upon the occurrence of the Rent
Commencement Date respecting such Property. On any date on which the Commitments
shall automatically be reduced to zero (0) pursuant to Section 6, the Borrower
shall prepay all outstanding Loans, together with accrued unpaid interest
thereon and all other amounts owing under the Operative Agreements.

      2.6    PREPAYMENTS AND PAYMENTS.

      (a)    Subject to Sections 11.2(e), 11.3 and 11.4 of the Participation
Agreement, the Borrower may at any time and from time to time prepay the Loans,
in whole or in part, without premium or penalty and without setoff, deduction or
counterclaim, upon at least three (3) Business Days' irrevocable notice to the
Agent, specifying the date and amount of prepayment and whether the prepayment
is of Eurodollar Loans, ABR Loans or a combination thereof, and, if a
combination thereof, the amount allocable to each. Upon receipt of any such
notice the Agent shall promptly notify each Lender thereof. If any such notice
is given, the amount specified in such notice shall be due and payable on the
date specified therein. Amounts prepaid may not be reborrowed, and shall reduce
the Commitments and the Available Commitments, except in each case as set forth
in Section 5.2(d) of the Participation Agreement.

      (b)    If on any date the Agent or the Lessor shall receive any payment in
respect of (i) any Casualty, Condemnation or Environmental Violation pursuant to
Sections 15.1(a) or 15.1(g) or Article XVI of the Lease (excluding any payments
in respect thereof which are payable to the Lessee in accordance with the
Lease), or (ii) the Termination Value of any Property in connection with the
delivery of a Termination Notice pursuant to Article XVI of the Lease, or (iii)
the Termination Value of any Property in connection with the exercise of the
Purchase Option under Article XX of the Lease or the exercise of the option of
the Lessor to transfer the Properties to the Lessee pursuant to Section 20.3 of
the Lease, or (iv) any payment required to be made or elected to be made by the
Construction Agent to the Lessor pursuant to the terms of the Construction
Agency Agreement, then in each case, the Borrower shall pay such amounts to the
Agent and the Agent shall be required to apply and pay such amounts in
accordance with the provisions of Section 8.7(b)(ii) of the Participation
Agreement.

      (c)    Each prepayment of the Loans pursuant to Section 2.6(a) shall be
allocated to reduce the respective Loan Property Costs of all Properties pro
rata according to the Loan Property Costs of such Properties immediately before
giving effect to such prepayment. Each prepayment of the Loans pursuant to
Section 2.6(b) shall be allocated to reduce the Loan Property Cost of the
Property or Properties subject to the respective Casualty, Condemnation,
Environmental Violation, termination, purchase, transfer or other circumstance
giving rise to such prepayment. Any amounts applied to reduce the Loan Property
Cost of any Construction Period Property pursuant to this paragraph (c) shall
also be applied to reduce the Construction Loan Property Cost of such Property
until such Construction Loan Property Cost has been reduced to zero (0).

                                        4
<PAGE>   9

      (d)    The outstanding principal balance of the Loans and all other
amounts then due and owing under this Agreement or otherwise with respect to the
Loans shall be due and payable in full on the Maturity Date.

      2.7    CONVERSION AND CONTINUATION OPTIONS.

      (a)    The Borrower may elect from time to time to convert Eurodollar
Loans to ABR Loans by giving the Agent at least three (3) Business Days' prior
irrevocable notice of such election, provided, that any such conversion of
Eurodollar Loans may only be made on the last day of an Interest Period with
respect thereto, and provided, further, to the extent an Event of Default has
occurred and is continuing on the last day of any such Interest Period, the
applicable Eurodollar Loan shall automatically be converted to an ABR Loan. The
Borrower may elect from time to time to convert ABR Loans to Eurodollar Loans by
giving the Agent at least three (3) Business Days' prior irrevocable notice of
such election. Upon receipt of any such notice, the Agent shall promptly notify
each Lender thereof. All or any part of outstanding Eurodollar Loans or ABR
Loans may be converted as provided herein, provided, that (i) no ABR Loan may be
converted into a Eurodollar Loan after the date that is one (1) month prior to
the Maturity Date and (ii) such notice of conversion regarding any Eurodollar
Loan shall contain an election by the Borrower of an Interest Period for such
Eurodollar Loan to be created by such conversion and such Interest Period shall
be in accordance with the terms of the definition of the term "Interest Period"
including without limitation subparagraphs (A) through (D) thereof.

      (b)    Subject to the restrictions set forth in Section 2.3 hereof, except
as otherwise requested by the Borrower upon at least three (3) Business Days'
prior written notice to the Agent, in accordance with the applicable notice
provision for the conversion of ABR Loans to Eurodollar Loans set forth herein,
of the length of the next Interest Period to be applicable to such Loans, any
Eurodollar Loan shall be continued as a Eurodollar Loan of the same Interest
Period upon the expiration of the then current Interest Period with respect
thereto without the need for the Borrower to give notice to the Agent, provided,
that no Eurodollar Loan may be continued as such after the date that is one (1)
month prior to the Maturity Date, provided, further, no Eurodollar Loans may be
continued as such if an Event of Default has occurred and is continuing as of
the last day of the Interest Period for such Eurodollar Loan, and provided,
further, that if the Borrower shall fail to give any required notice as
described above or otherwise herein, or if such continuation is not permitted
pursuant to the proceeding proviso, such Loan shall automatically be converted
to an ABR Loan on the last day of such then expiring Interest Period.

      2.8    INTEREST RATES AND PAYMENT DATES.

      (a)    The Loans outstanding hereunder from time to time shall bear
interest at a rate per annum equal to either (i) with respect to a Eurodollar
Loan, the Eurodollar Rate determined for the applicable Interest Period plus the
Applicable Percentage or (ii) with respect to an ABR Loan, the ABR, as selected
by the Borrower in accordance with the provisions hereof; provided, however, (A)
upon delivery by the Agent of the notice described in Section 2.9(c), the Loans
of each of the Lenders shall bear interest at the ABR applicable from time to
time from and after the

                                        5
<PAGE>   10

dates and during the periods specified in Section 2.9(c), (B) upon the delivery
by a Lender of the notice described in Section 11.3(f) of the Participation
Agreement, the Loans of such Lender shall bear interest at the ABR applicable
from time to time from and after the dates and during the periods specified in
Section 11.3(f) of the Participation Agreement and (C) in such other
circumstances as expressly provided herein, the Loans shall bear interest at the
ABR.

      (b)    If (i) all or a portion of (A) the principal amount of any Loan,
(B) any interest payable thereon or (C) any other amount payable hereunder shall
not be paid when due (whether at the stated maturity, by acceleration or
otherwise) or (ii) (A) a replacement Construction Agent is hired in accordance
with the provisions of the Construction Agency Agreement, (B) Completion of all
Properties has not occurred on or prior to the Construction Period Termination
Date or (C) the cost of any Property exceeds the original Construction Budget
therefor (or the applicable Construction Budget modified in accordance with the
Operative Agreements), in each case as previously delivered to the Agent, such
overdue amount (in the case of Section 2.8(b)(i)) or all Loans, including
without limitation principal and interest, and all other amounts payable
hereunder (in the case of Section 2.8(b)(ii)) shall bear interest at a rate per
annum which is the lesser of (x) the then current rate of interest respecting
such payment or other amount, as the case may be, plus two percent (2%) and (y)
the highest interest rate permitted by applicable law, in each case from the
date of such non-payment until such payment is paid in full (whether after or
before judgment) (in the case of Section 2.8(b)(i)) or Completion of all
Properties (in the case of Section 2.8(b)(ii)). All such amounts referenced in
this Section 2.8(b) shall be paid upon demand.

      (c)    Interest shall be payable in arrears on the applicable Scheduled
Interest Payment Date (but for any Loan having an Interest Period of six (6)
months, interest shall be payable in arrears on each applicable three (3) month
anniversary date of the commencement of such Loan), provided, that (i) interest
accruing pursuant to paragraph (b) of this Section 2.8 shall be payable from
time to time on demand and (ii) each prepayment of the Loans shall be
accompanied by accrued interest to the date of such prepayment on the amount
prepaid.

      2.9    COMPUTATION OF INTEREST.

      (a)    Whenever it is calculated on the basis of the Prime Lending Rate,
interest shall be calculated on the basis of a year of three hundred sixty-five
(365) days (or three hundred sixty-six (366) days, as the case may be) for the
actual days elapsed; and, otherwise, interest shall be calculated on the basis
of a year of three hundred sixty (360) days for the actual days elapsed. The
Agent shall as soon as practicable notify the Borrower and the Lenders of each
determination of a Eurodollar Rate. Any change in the interest rate on a Loan
resulting from a change in the ABR or the Eurocurrency Reserve Requirements
shall become effective as of the day on which such change becomes effective. The
Agent shall as soon as practicable notify the Borrower and the Lenders of the
effective date and the amount of each such change in interest rate.

                                        6
<PAGE>   11

      (b)    Each determination of an interest rate by the Agent pursuant to any
provision of this Agreement shall be conclusive and binding on the Borrower and
the Lenders in the absence of manifest error.

      (c)    If the Eurodollar Rate cannot in good faith be determined by the
Agent in the manner specified in the definition of the term "Eurodollar Rate",
the Agent shall give telecopy or telephonic notice thereof to the Borrower, the
Lessee and the Lenders as soon as practicable thereafter. Until such time as the
Eurodollar Rate can be determined by the Agent in the manner specified in the
definition of such term, no further Eurodollar Loans shall be made or shall be
continued as such at the end of the then current Interest Period nor shall the
Borrower have the right to convert ABR Loans to Eurodollar Loans.

      2.10   PRO RATA TREATMENT AND PAYMENTS.

      (a)    Each borrowing by the Borrower from the Lenders hereunder and any
reduction of the Commitments of the Lenders shall be made pro rata according to
their respective Commitments. Subject to the provisions of Section 8.7 of the
Participation Agreement and Section 2.11(b) hereof, each payment (including
without limitation each prepayment) by the Borrower on account of principal of
and interest on the Loans shall be made pro rata according to the respective
outstanding principal amounts on the Loans then held by the Lenders. All
payments (including without limitation prepayments) to be made by the Borrower
hereunder and under the Notes, whether on account of principal, interest or
otherwise, shall be made without setoff or counterclaim and shall be made prior
to 12:00 Noon, Dallas, Texas time, on the due date thereof to the Agent, for the
account of the Lenders, at the Agent's office specified in Section 9.2, in
Dollars and in immediately available funds. The Agent shall distribute such
payments to the Lenders promptly upon receipt in like funds as received. If any
payment hereunder becomes due and payable on a day other than a Business Day,
such payment shall be extended to the next succeeding Business Day; provided,
however, if such payment includes an amount of interest calculated with
reference to the Eurodollar Rate and the result of such extension would be to
extend such payment into another calendar month, then such payment shall be made
on the immediately preceding Business Day. In the case of any extension of any
payment of principal pursuant to the preceding two (2) sentences, interest
thereon shall be payable at the then applicable rate during such extension.

      (b)    Unless the Agent shall have been notified in writing by any Lender
prior to a borrowing that such Lender will not make its share of such borrowing
available to the Agent, the Agent may assume that such Lender is making such
amount available to the Agent, and the Agent may, in reliance upon such
assumption, make available to the Borrower a corresponding amount. If such
amount is not made available to the Agent by the required time on the Borrowing
Date therefor, such Lender shall pay to the Agent, on demand, such amount with
interest thereon at a rate equal to the daily average Federal Funds Effective
Rate for the period until such Lender makes such amount immediately available to
the Agent. A certificate of the Agent submitted to any Lender with respect to
any amounts owing under this Section 2.10(b) shall be conclusive in the absence
of manifest error. If such Lender's share of such borrowing is not made
available to the Agent by such Lender within three (3) Business Days of such

                                        7
<PAGE>   12

Borrowing Date, the Agent shall also be entitled to recover such amount with
interest thereon at the rate as set forth above on demand from the Borrower.

      2.11   NOTICE OF AMOUNTS PAYABLE; MANDATORY ASSIGNMENT.

      (a)    In the event that any Lender becomes aware that any amounts are or
will be owed to it pursuant to Sections 11.2, 11.3 or 11.4 of the Participation
Agreement or that it is unable to make Eurodollar Loans, then it shall promptly
notify the Borrower, the Lessee and the Agent thereof and, as soon as possible
thereafter, such Lender shall submit to the Borrower (with a copy to the Agent)
a certificate indicating the amount owing to it and the calculation thereof. The
amounts set forth in such certificate shall be prima facie evidence of the
obligations of the Borrower hereunder.

      (b)    In the event (i) any Lender shall fail to make available to the
Agent such Lender's ratable portion of any Advance (and no Default or Event of
Default shall have occurred and be continuing) or (ii) that any Lender delivers
to the Borrower a certificate in accordance with Section 2.11(a) in connection
with amounts payable pursuant to Sections 11.2(e) or 11.3 of the Participation
Agreement or such Lender is required to make Loans as ABR Loans in accordance
with Section 11.3(d) of the Participation Agreement then, subject to Section 9.1
of the Participation Agreement, the Borrower may, at its own expense (provided,
such amounts shall be reimbursed or paid entirely (as elected by the Borrower)
by the Lessee, as Supplemental Rent) and in the discretion of the Borrower, (i)
require such Lender to transfer or assign, in whole or (with such Lender's
consent) in part, without recourse (in accordance with Section 9.8), all or
(with such Lender's consent) part of its interests, rights (except for rights to
be indemnified for actions taken while a party hereunder) and obligations under
this Agreement to a replacement bank or institution if the Borrower (subject to
Section 9.1 of the Participation Agreement), with the full cooperation of such
Lender, can identify a Person who is ready, willing and able to be such
replacement bank or institution with respect thereto and such replacement bank
or institution (which may be another Lender) shall assume such assigned
obligations, or (ii) during such time as no Default or Event of Default has
occurred and is continuing, terminate the Commitment of such Lender and prepay
all outstanding Loans of such Lender; provided, however, that (x) subject to
Section 9.1 of the Participation Agreement, the Borrower or such replacement
bank or institution, as the case may be, shall have paid to such Lender in
immediately available funds the principal of and interest accrued to the date of
such payment on the Loans made by it hereunder and all other amounts owed to it
hereunder (and, if such Lender is also a Holder, all Holder Advances and Holder
Yield accrued and unpaid thereon), (y) any termination of Commitments shall be
subject to the terms of Section 2.5(a) and (z) such assignment or termination of
the Commitment of such Lender and prepayment of Loans does not conflict with any
law, rule or regulation or order of any court or Governmental Authority.

                                        8
<PAGE>   13

      2.12   INCREASE OF COMMITMENTS.

      The Commitment of each Lender may be increased pursuant to the agreement
of such Lender, in its sole and absolute discretion, in accordance with the
provisions set forth in Section 2.1 of the Construction Agency Agreement.

                    SECTION 3. REPRESENTATIONS AND WARRANTIES

      To induce the Agent and the Lenders to enter into this Agreement and to
make the Loans, each of the Trust Company and the Owner Trustee hereby makes and
affirms the representations and warranties set forth in Section 6.1 of the
Participation Agreement to the same extent as if such representations and
warranties were set forth in this Agreement in their entirety.

                         SECTION 4. CONDITIONS PRECEDENT

      4.1    CONDITIONS TO EFFECTIVENESS.

      The effectiveness of this Agreement is subject to the satisfaction of all
conditions precedent set forth in Section 5.3 of the Participation Agreement
required by said Section to be satisfied on or prior to the Initial Closing
Date.

      4.2    CONDITIONS TO EACH LOAN.

      The agreement of each Lender to make any Loan requested to be made by it
on any date is subject to the satisfaction of all conditions precedent set forth
in Section 5.3 and 5.4 of the Participation Agreement required by said Sections
to be satisfied on or prior to the date of the applicable Loan.

Each borrowing by the Borrower hereunder shall constitute a representation and
warranty by the Borrower as of the date of such Loan that the conditions
contained in this Section 4.2 have been satisfied.

                              SECTION 5. COVENANTS

      So long as any Loan or Note remains outstanding and unpaid or any other
amount is owing to any Lender or the Agent hereunder:

      5.1    OTHER ACTIVITIES.

      The Borrower shall not conduct, transact or otherwise engage in, or commit
to transact, conduct or otherwise engage in, any business or operations other
than the entry into, and exercise of rights and performance of obligations in
respect of, the Operative Agreements and other activities incidental or related
to the foregoing.

                                        9
<PAGE>   14

      5.2    OWNERSHIP OF PROPERTIES, INDEBTEDNESS.

      The Borrower shall not own, lease, manage or otherwise operate any
properties or assets other than in connection with the activities described in
Section 5.1, or incur, create, assume or suffer to exist any Indebtedness or
other consensual liabilities or financial obligations other than as may be
incurred, created or assumed or as may exist in connection with the activities
described in Section 5.1 (including without limitation the Loans and other
obligations incurred by the Borrower hereunder).

      5.3    DISPOSITION OF ASSETS.

      The Borrower shall not convey, sell, lease, assign, transfer or otherwise
dispose of any of its property, business or assets, whether now owned or
hereafter acquired, except to the extent expressly contemplated by the Operative
Agreements.

      5.4    COMPLIANCE WITH OPERATIVE AGREEMENTS.

      The Borrower shall at all times observe and perform all of the covenants,
conditions and obligations required to be performed by it (whether in its
capacity as the Lessor, the Owner Trustee or otherwise) under each Operative
Agreement to which it is a party.

      5.5    FURTHER ASSURANCES.

      At any time and from time to time, upon the written request of the Agent,
and at the expense of the Borrower (provided, such amounts shall be reimbursed
or paid entirely (as elected by the Borrower) by the Lessee, as Supplemental
Rent), the Borrower will promptly and duly execute and deliver such further
instruments and documents and take such further action as the Agent or the
Majority Lenders may reasonably request for the purpose of obtaining or
preserving the full benefits of this Agreement and the other Operative
Agreements and of the rights and powers herein or therein granted.

      5.6    NOTICES.

      If on any date, a Responsible Officer of the Borrower shall obtain actual
knowledge of the occurrence of a Default or Event of Default, the Borrower will
give written notice thereof to the Agent within five (5) Business Days after
such date.

      5.7    DISCHARGE OF LIENS.

      Neither the Borrower nor the Trust Company will create or permit to exist
at any time, and will, at its own expense, promptly take such action as may be
necessary duly to discharge, or cause to be discharged, all Lessor Liens
attributable to it, provided, that the Borrower and the Trust Company shall not
be required to discharge any Lessor Lien while the same is being contested in
good faith by appropriate proceedings diligently prosecuted so long as such

                                       10
<PAGE>   15

proceedings shall not involve any material danger of impairment of any of the
Liens contemplated by the Security Documents or of the sale, forfeiture or loss
of, and shall not materially interfere with the disposition of, any Property or
title thereto or any interest therein or the payment of Rent.

      5.8    TRUST AGREEMENT.

      Without prejudice to any right under the Trust Agreement of the Owner
Trustee to resign, the Owner Trustee (a) agrees not to terminate or revoke the
trust created by the Trust Agreement except as permitted by Article VIII of the
Trust Agreement, (b) agrees not to amend, supplement, terminate, revoke or
otherwise modify any provision of the Trust Agreement in any manner which could
reasonably be expected to have an adverse effect on the rights or interests of
the Agent or the Lenders hereunder or under the other Operative Agreements and
(c) agrees to comply with all of the terms of the Trust Agreement.

      5.9    MAINTENANCE OF EQUITY.

      At all times during the term of this Agreement, the aggregate amount of
all outstanding Holder Advances shall be at least three percent (3.0%) of the
sum of (i) the aggregate amount of all outstanding Loans and (ii) the aggregate
amount of all outstanding Holder Advances.

                          SECTION 6. EVENTS OF DEFAULT

      Upon the occurrence of any of the following specified events (each an
"Event of Default"):

      (a)    Except as provided in Sections 6(c), the Borrower shall default in
the payment when due of any principal on the Loans or default in the payment
when due of any interest on the Loans, and in either such case, such default
shall continue for three (3) or more days; or

      (b)    Except as provided in Sections 6(a) and 6(c), the Borrower shall
default, and such default shall continue for three (3) or more days, in the
payment of any amount owing under any Credit Document; or

      (c)    (i) The Borrower shall default in the payment of any amount due on
the Maturity Date owing under any Credit Document or (ii) the Borrower shall
default in the payment when due of any principal or interest on the Loans
payable with regard to any obligation of Lessee to pay Termination Value when
due or to pay Basic Rent or Supplemental Rent at such time as any Termination
Value is due; or

      (d)    The Borrower shall default in the due performance or observance by
it of any term, covenant or agreement contained in any Credit Document to which
it is a party (other than those referred to in paragraphs (a), (b) and (c)
above), provided, that in the case of any such

                                       11
<PAGE>   16

default under Sections 5.4, 5.5 or 5.8(c), such default shall have continued
unremedied for a period of at least fifteen (15) days after notice to the
Borrower by the Agent or the Majority Lenders, provided, further, if any such
default under Sections 5.4, 5.5 or 5.8(c) is not capable of remedy within such
fifteen (15) day period but may be remedied with further diligence and if the
Borrower has and continues to pursue diligently such remedy, then the Borrower
shall be granted additional time to pursue such remedy but in no event more than
an additional thirty (30) days.

      (e)    Any representation, warranty or statement made or deemed made by
the Borrower herein or in any other Credit Document or by the Borrower or the
Lessee in the Participation Agreement, or in any statement or certificate
delivered or required to be delivered pursuant hereto or thereto, shall prove to
be untrue in any material respect on the date as of which made or deemed made;
or

      (f)    (i) Any Lease Event of Default shall have occurred and be
continuing, or (ii) the Owner Trustee shall default in the due performance or
observance by it of any term, covenant or agreement contained in the
Participation Agreement or in the Trust Agreement to or for the benefit of the
Agent or a Lender, provided, that in the case of this clause (ii) such default
shall have continued unremedied for a period of at least fifteen (15) days after
notice to the Owner Trustee and Lessee by the Agent or the Majority Lenders,
provided, further, that in the case of this clause (ii), such default is not
capable of remedy within such fifteen (15) day period but may be remedied with
further diligence and if the Borrower has and continues to pursue diligently
such remedy, then the Borrower shall be granted additional time to pursue such
remedy but in no event more than an additional thirty (30) days; or

      (g)    The Borrower shall commence a voluntary case concerning itself
under the Bankruptcy Code; or an involuntary case is commenced against the
Borrower under the Bankruptcy Code and the petition is not contravened within
ten (10) days after commencement of the case or an involuntary case is commenced
against the Borrower and the petition is not dismissed within sixty (60) days
after commencement of the case; or a custodian (as defined in the Bankruptcy
Code) is appointed for, or takes charge of, all or substantially all of the
property of the Borrower; or the Borrower commences any other proceeding under
any reorganization, arrangement, adjustment of debt, relief of debtors,
dissolution, insolvency or liquidation or similar law of any jurisdiction
whether now or hereafter in effect relating to the Borrower, or there is
commenced against the Borrower any such proceeding which remains undismissed for
a period of sixty (60) days; or the Borrower is adjudicated insolvent or
bankrupt, or any order of relief or other order approving any such case or
proceeding is entered; or the Borrower suffers any appointment of any custodian
or the like for it or any substantial part of its property to continue
undischarged or unstayed for a period of sixty (60) days; or the Borrower makes
a general assignment for the benefit of creditors; or any corporate or
partnership action is taken by the Borrower for the purpose of effecting any of
the foregoing; or

      (h)    Any Security Document shall cease to be in full force and effect,
or shall cease to give the Agent the Liens, rights, powers and privileges
purported to be created thereby (including without limitation a first priority
perfected security interest in, and Lien on, all of the Properties), in favor of
the Agent on behalf of the Lenders and the Holders, superior to and prior to the
rights

                                       12
<PAGE>   17

of all third Persons and subject to no other Liens (except in each case
to the extent expressly permitted herein or in any Operative Agreement); or

      (i)    The Lease shall cease to be enforceable against the Lessee; or

      (j)    One (1) or more judgments or decrees shall be entered against the
Borrower involving a liability of $100,000 or more in the aggregate for all such
judgments and decrees for the Borrower and any such judgments or decrees shall
not have been vacated, discharged or stayed or bonded pending appeal within
sixty (60) days from the entry thereof,

then, and in any such event, (A) if such event is an Event of Default specified
in paragraph (g) above with respect to the Borrower, automatically the
Commitments shall immediately terminate and the Loans hereunder (with accrued
interest thereon) and all other amounts owing under this Agreement and the Notes
shall immediately become due and payable, and (B) if such event is any other
Event of Default, either or both of the following actions may be taken: (i) with
the consent of the Majority Lenders, the Agent may, or upon the request of the
Majority Lenders, the Agent shall, by notice to the Borrower declare the
Commitments to be terminated forthwith, whereupon the Commitments shall
immediately terminate; and (ii) with the consent of the Majority Lenders, the
Agent may, or upon the request of the Majority Lenders, the Agent shall, by
notice to the Borrower, declare the Loans hereunder (with accrued interest
thereon) and all other amounts owing under this Agreement and the Notes to be
due and payable forthwith, whereupon the same shall immediately become due and
payable (any of the foregoing occurrences or actions referred to in clause (A)
or (B) above, an "Acceleration"). Except as expressly provided above in this
Section 6, presentment, demand, protest and all other notices of any kind are
hereby expressly waived.

      Upon the occurrence of any Event of Default and at any time thereafter so
long as any Event of Default shall be continuing, the Agent shall, upon the
written instructions of the Majority Secured Parties, exercise any or all of the
rights and powers and pursue any and all of the remedies available to it
hereunder and (subject to the terms thereof) under the other Credit Documents,
the Lease and the other Operative Agreements and shall have any and all rights
and remedies available under the Uniform Commercial Code or any provision of
law.

      Upon the occurrence of any Event of Default and at any time thereafter so
long as any Event of Default shall be continuing, the Agent may, and upon
request of the Majority Secured Parties shall, proceed to protect and enforce
this Agreement, the Notes, the other Credit Documents and the Lease by suit or
suits or proceedings in equity, at law or in bankruptcy, and whether for the
specific performance of any covenant or agreement herein contained or in
execution or aid of any power herein granted, or for foreclosure hereunder, or
for the appointment of a receiver or receivers for the Property or for the
recovery of judgment for the indebtedness secured thereby or for the enforcement
of any other proper, legal or equitable remedy available under applicable laws.

      The Borrower shall be liable for any and all accrued and unpaid amounts
due hereunder before, after or during the exercise of any of the foregoing
remedies, including without limitation

                                       13
<PAGE>   18

all reasonable legal fees and other reasonable costs and expenses incurred by
the Agent or any Lender by reason of the occurrence of any Event of Default or
the exercise of remedies with respect thereto.

                              SECTION 7. THE AGENT

      7.1    APPOINTMENT.

      Each Lender hereby irrevocably designates and appoints the Agent as the
agent of such Lender under this Agreement and the other Operative Agreements,
and each such Lender irrevocably authorizes the Agent, in such capacity, to
execute the Operative Agreements as agent for and on behalf of such Lender, to
take such action on behalf of such Lender under the provisions of this Agreement
and the other Operative Agreements and to exercise such powers and perform such
duties as are expressly delegated to the Agent by the terms of this Agreement
and other Operative Agreements, together with such other powers as are
reasonably incidental thereto. Without limiting the generality of the foregoing,
each of the Lenders hereby specifically acknowledges the terms and provisions of
the Participation Agreement and directs the Agent to exercise such powers, make
such decisions and otherwise perform such duties as are delegated to the Agent
thereunder without being required to obtain any specific consent with respect
thereto from any Lender, unless the matter under consideration is a Unanimous
Vote Matter or otherwise requires the consent of the Majority Lenders and/or the
Majority Secured Parties. Notwithstanding any provision to the contrary
elsewhere in this Agreement, the Agent shall not have any duties or
responsibilities, except those expressly set forth herein, or any fiduciary
relationship with any Lender, and no implied covenants, functions,
responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Operative Agreement or otherwise exist against the Agent.

      7.2    DELEGATION OF DUTIES.

      The Agent may execute any of its duties under this Agreement and the other
Operative Agreements by or through agents or attorneys-in-fact and shall be
entitled to advice of counsel concerning all matters pertaining to such duties.
The Agent shall not be responsible for the negligence or misconduct of any
agents or attorneys-in-fact selected by it with reasonable care.

      7.3    EXCULPATORY PROVISIONS.

      Neither the Agent nor any of its officers, directors, employees, agents,
attorneys-in-fact or Affiliates shall be (a) liable for any action lawfully
taken or omitted to be taken by it or such Person under or in connection with
this Agreement or any other Operative Agreement (except for its or such Person's
own gross negligence or willful misconduct) or (b) responsible in any manner to
any of the Lenders for any recitals, statements, representations or warranties
made by the Borrower or the Lessee or any officer thereof contained in this
Agreement or any other Operative Agreement or in any certificate, report,
statement or other document referred to or provided for in, or received by the
Agent under or in connection with, this Agreement or any

                                       14
<PAGE>   19

other Operative Agreement or for the value, validity, effectiveness,
genuineness, enforceability or sufficiency of this Agreement or any other
Operative Agreement or for any failure of the Borrower or the Lessee to perform
its obligations hereunder or thereunder. The Agent shall not be under any
obligation to any Lender to ascertain or to inquire as to the observance or
performance of any of the agreements contained in, or conditions of, this
Agreement or any other Operative Agreement, or to inspect the properties, books
or records of the Borrower or the Lessee.

      7.4    RELIANCE BY THE AGENT.

      The Agent shall be entitled to rely, and shall be fully protected in
relying, upon any Note, writing, resolution, notice, consent, certificate,
affidavit, letter, telecopy, telex or teletype message, statement, order or
other document or conversation believed by it in good faith to be genuine and
correct and to have been signed, sent or made by the proper Person or Persons
and upon advice and statements of legal counsel (including without limitation
counsel to the Borrower or the Lessee), independent accountants and other
experts selected by the Agent. The Agent may deem and treat the payee of any
Note as the owner thereof for all purposes unless a written notice of
assignment, negotiation or transfer thereof shall have been filed with the
Agent. The Agent shall be fully justified in failing or refusing to take any
action under this Agreement or any other Operative Agreement unless it shall
first receive such advice or concurrence of the Majority Lenders, the Majority
Secured Parties or all Secured Parties, as the case may be, as it deems
appropriate or it shall first be indemnified to its satisfaction by the Lenders
against any and all liability and expense which may be incurred by it by reason
of taking or continuing to take any such action. The Agent shall in all cases be
fully protected in acting, or in refraining from acting, under this Agreement
and the other Operative Agreements in accordance with a request of the Majority
Lenders, the Majority Secured Parties or all Secured Parties, as the case may
be, and such and any action taken or failure to act pursuant thereto shall be
binding upon all the Lenders and all future holders of the Notes (or all Secured
Parties, as the case may be).

      7.5    NOTICE OF DEFAULT.

      The Agent shall not be deemed to have knowledge or notice of the
occurrence of any Default or Event of Default hereunder unless the Agent has
received written notice from a Lender or the Borrower referring to this
Agreement, describing such Default or Event of Default and stating that such
notice is a "notice of default". In the event that the Agent receives such a
notice, the Agent shall give notice thereof to the Lenders. The Agent shall take
such action with respect to such Default or Event of Default as shall be
reasonably directed by the Majority Secured Parties; provided, that unless and
until the Agent shall have received such directions, the Agent may (but shall
not be obligated to) take such action, or refrain from taking such action, with
respect to such Default or Event of Default as it shall deem advisable in the
best interests of the Secured Parties; provided, further, the foregoing shall
not limit (a) the rights of the Majority Secured Parties to elect remedies as
set forth in Section 6 and/or (b) the rights of the Majority Secured Parties or
all Secured Parties, as the case may be, as described in the Participation
Agreement (including without limitation Sections 8.2(h) and 8.6 of the
Participation Agreement).

                                       15
<PAGE>   20

      7.6    NON-RELIANCE ON THE AGENT AND OTHER LENDERS.

      Each Lender expressly acknowledges that neither the Agent nor any of its
officers, directors, employees, agents, attorneys-in-fact or Affiliates has made
any representations or warranties to it and that no act by the Agent hereinafter
taken, including without limitation any review of the affairs of the Borrower or
the Lessee, shall be deemed to constitute any representation or warranty by the
Agent to any Lender. Each Lender represents to the Agent that it has,
independently and without reliance upon the Agent or any other Lender, and based
on such documents and information as it has deemed appropriate, made its own
appraisal of and investigation into the business, operations, property,
financial and other condition and creditworthiness of the Borrower and the
Lessee and made its own decision to make its Loans hereunder and enter into this
Agreement. Each Lender also represents that it will, independently and without
reliance upon the Agent or any other Lender, and based on such documents and
information as it shall deem appropriate at the time, continue to make its own
credit analysis, appraisals and decisions in taking or not taking action under
this Agreement and the other Operative Agreements, and to make such
investigation as it deems necessary to inform itself as to the business,
operations, property, financial and other condition and creditworthiness of the
Borrower and the Lessee. Except for notices, reports and other documents
expressly required to be furnished to the Lenders by the Agent hereunder, the
Agent shall not have any duty or responsibility to provide any Lender with any
credit or other information concerning the business, operations, property,
condition (financial or otherwise), prospects or creditworthiness of the
Borrower or the Lessee which may come into the possession of the Agent or any of
its officers, directors, employees, agents, attorneys-in-fact or Affiliates.

      7.7    INDEMNIFICATION.

      The Lenders agree to indemnify the Agent, in its capacity as such (to the
extent not reimbursed by the Borrower and without limiting the obligation of the
Borrower to do so), ratably according to their respective Commitment Percentages
in effect on the date on which indemnification is sought under this Section 7.7
(or, if indemnification is sought after the date upon which the Commitments
shall have terminated and the Loans shall have been paid in full, ratably in
accordance with their Commitment Percentages immediately prior to such date),
from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses or disbursements of any
kind whatsoever which may at any time (including without limitation at any time
following the payment of the Notes) be imposed on, incurred by or asserted
against any of them in any way relating to or arising out of, the Commitments,
this Agreement, any of the other Operative Agreements or any documents
contemplated by or referred to herein or therein or the transactions
contemplated hereby or thereby or any action taken or omitted by any of them
under or in connection with any of the foregoing; provided, that no Lender shall
be liable for the payment of any portion of such liabilities, obligations,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements
resulting from the gross negligence or willful misconduct of the Agent. The
agreements in this Section 7.7 shall survive the payment of the Notes and all
other amounts payable hereunder.

                                       16
<PAGE>   21

      7.8    THE AGENT IN ITS INDIVIDUAL CAPACITY.

      The Agent and its Affiliates may make loans to, accept deposits from and
generally engage in any kind of business with the Borrower or the Lessee as
though the Agent were not the Agent hereunder and under the other Operative
Agreements. With respect to its Loans made or renewed by it and any Note issued
to it, the Agent shall have the same rights and powers under this Agreement and
the other Operative Agreements as any Lender and may exercise the same as though
it were not the Agent, and the terms "Lender" and "Lenders" shall include the
Agent in its individual capacity.

      7.9    SUCCESSOR AGENT.

      The Agent may resign at any time as the Agent upon thirty (30) days'
notice to the Lenders, the Borrower and, so long as no Lease Event of Default
shall have occurred and be continuing, the Lessee. If the Agent shall resign as
the Agent under this Agreement, the Majority Lenders shall appoint from among
the Lenders a successor Agent which successor Agent shall be subject to the
approval of the Borrower and, so long as no Lease Event of Default shall have
occurred and be continuing, the Lessee, such approval not to be unreasonably
withheld or delayed. If no successor Agent is appointed prior to the effective
date of the resignation of the resigning Agent, the Agent may appoint, after
consulting with the Lenders and subject to the approval of the Borrower and, so
long as no Lease Event of Default shall have occurred and be continuing, the
Lessee, such approval not to be unreasonably withheld or delayed, a successor
Agent from among the Lenders (or such other Person as shall be acceptable to the
Majority Lenders). If no successor Agent has accepted appointment as the Agent
by the date which is thirty (30) days following a retiring Agent's notice of
resignation, the retiring Agent's notice of resignation shall nevertheless
thereupon become effective and the Lenders shall perform all of the duties of
the Agent until such time, if any, as the Majority Lenders appoint a successor
Agent, as provided for above. Upon the effective date of such resignation, only
such successor Agent shall succeed to all the rights, powers and duties of the
retiring Agent and the term "Agent" shall mean such successor agent and the
retiring Agent's rights, powers and duties in such capacity shall be terminated.
After any retiring Agent resigns hereunder as the Agent, the provisions of this
Article VII and Section 9.5 shall inure to their respective benefit as to any
actions taken or omitted to be taken by it while it was the Agent under this
Agreement.

      7.10   ACTIONS OF THE AGENT ON BEHALF OF HOLDERS.

      The parties hereto specifically acknowledge and consent to the Agent's
acting on behalf of the Holders as provided in the Participation Agreement, and,
in any such case, the Lenders acknowledge that the Holders shall be entitled to
vote as "Secured Parties" hereunder to the extent required or permitted by the
Operative Agreements (including without limitation Sections 8.2(h) and 8.6 of
the Participation Agreement).

                                       17
<PAGE>   22

      7.11   THE AGENT'S DUTY OF CARE.

      Other than the exercise of reasonable care to assure the safe custody of
the Collateral while being held by the Agent hereunder or under any other
Operative Agreement, the Agent shall have no duty or liability to preserve
rights pertaining thereto, it being understood and agreed that the Lessee shall
be responsible for preservation of all rights in the Collateral, and the Agent
shall be relieved of all responsibility for the Collateral upon surrendering it
or tendering the surrender of it to the Lessee. The Agent shall be deemed to
have exercised reasonable care in the custody and preservation of the Collateral
in its possession if the Collateral is accorded treatment substantially equal to
that which the Agent accords its own property, which shall be no less than the
treatment employed by a reasonable and prudent agent in the industry, it being
understood that the Agent shall not have responsibility for taking any necessary
steps to preserve rights against any parties with respect to any of the
Collateral.

              SECTION 8. MATTERS RELATING TO PAYMENT AND COLLATERAL

      8.1    COLLECTION AND ALLOCATION OF PAYMENTS AND OTHER AMOUNTS.

      The Lessee, the Construction Agent, the Agent, the Lenders, the Holders
and the Borrower have agreed pursuant to the terms of Section 8.7 of the
Participation Agreement to a procedure for the allocation and distribution of
certain payments and distributions, including without limitation the proceeds of
Collateral.

      8.2    CERTAIN REMEDIAL MATTERS.

      Notwithstanding any other provision of this Agreement or any other Credit
Document:

      (a)    the Borrower shall at all times retain to the exclusion of all
other parties, all rights to Excepted Payments payable to it and to demand,
collect or commence an action at law to obtain such payments and to enforce any
judgment with respect thereto; and

      (b)    the Borrower and each Holder shall at all times retain the right,
but not to the exclusion of the Agent, (i) to retain all rights with respect to
insurance that Article XIV of the Lease specifically confers upon the "Lessor",
(ii) to provide such insurance as the Lessee shall have failed to maintain or as
the Borrower or any Holder may desire, and (iii) to bring an action to enforce
compliance by the Lessee with the provisions of Articles VIII, IX, X, XI, XIV
and XVII of the Lease.

      8.3    EXCEPTED PAYMENTS.

      Notwithstanding any other provision of this Agreement or the Security
Documents, any Excepted Payment received at any time by the Agent shall be
distributed promptly to the Person entitled to receive such Excepted Payment.
Such funds, if not distributed on the day received, shall be invested in money
market funds authorized to invest in short term securities issued or

                                       18
<PAGE>   23

guaranteed as to principal and interest by the U.S. Government and repurchase
agreements with respect to such securities, including such funds to which the
Owner Trustee or an affiliate provides management advice or other services for a
fee. Interest earnings on such funds invested in accordance with this Section
8.3 shall be paid to the Lessee.

                            SECTION 9. MISCELLANEOUS

      9.1    AMENDMENTS AND WAIVERS.

      None of the terms or provisions of this Agreement may be terminated,
amended, supplemented, waived or modified except in accordance with the terms of
Section 12.4 of the Participation Agreement.

      9.2    NOTICES.

      All notices required or permitted to be given under this Agreement shall
be given in accordance with Section 12.2 of the Participation Agreement.

      9.3    NO WAIVER; CUMULATIVE REMEDIES.

      No failure to exercise and no delay in exercising, on the part of the
Agent or any Lender, any right, remedy, power or privilege hereunder or under
the other Credit Documents shall operate as a waiver thereof; nor shall any
single or partial exercise of any right, remedy, power or privilege hereunder
preclude any other or future exercise thereof or the exercise of any other
right, remedy, power or privilege. The rights, remedies, powers and privileges
herein provided are cumulative and not exclusive of any rights, remedies, powers
and privileges provided by law.

      9.4    SURVIVAL OF REPRESENTATIONS AND WARRANTIES.

      All representations and warranties made by the Borrower under the
Operative Agreements shall survive the execution and delivery of this Agreement
and the Notes and the making of the Loans hereunder.

      9.5    PAYMENT OF EXPENSES AND TAXES.

      The Borrower agrees to (with funds provided by the Lessee as Supplemental
Rent): (a) pay all reasonable out-of-pocket costs and expenses of (i) the Agent
whether or not the transactions herein contemplated are consummated, in
connection with the negotiation, preparation, execution and delivery of the
Operative Agreements and the documents and instruments referred to therein
(including without limitation the reasonable fees and disbursements of Moore &
Van Allen, PLLC) and any amendment, waiver or consent relating thereto
(including without limitation the reasonable fees and disbursements of counsel
to the Agent) and (ii) the Agent and each of the Lenders in connection with the
enforcement of the Operative Agreements and the documents and instruments
referred to therein (including without

                                       19
<PAGE>   24

limitation the reasonable fees and disbursements of counsel for the Agent and
for each of the Lenders) and (b) pay and hold each of the Lenders harmless from
and against any and all present and future stamp and other similar taxes with
respect to the foregoing matters and save each of the Lenders harmless from and
against any and all liabilities with respect to or resulting from any delay or
omission (other than to the extent attributable to such Lender) to pay such
taxes.

      9.6    SUCCESSORS AND ASSIGNS; PARTICIPATIONS AND ASSIGNMENTS.

      This Agreement shall be binding upon and inure to the benefit of the
Borrower, the Lenders, the Agent, all future holders of the Notes and their
respective successors and assigns, except that the Borrower may not assign or
transfer any of its rights or obligations under this Agreement without the prior
written consent of each Lender.

      9.7    PARTICIPATIONS.

      Subject to and in accordance with Section 10.1 of the Participation
Agreement, each Lender may sell participations to one or more Persons (each, a
"Participant") in all or a portion of its rights, obligations or rights and
obligations under the Operative Agreements (including all or a portion of its
Commitment or its Loans); provided, however, that (a) such Lender's obligations
under the Operative Agreements shall remain unchanged, (b) such Lender shall
remain solely responsible to the other parties hereto for the performance of
such obligations, (c) the Participant shall be entitled to the benefit of the
yield protection provisions contained in Sections 11.2(e), 11.3 and 11.4 of the
Participation Agreement and the right of set-off contained in Section 12.15 of
the Participation Agreement, and (d) the Borrower shall continue to deal solely
and directly with such Lender in connection with such Lender's rights and
obligations under the Operative Agreements, and such Lender shall retain the
sole right to enforce the obligations of the Borrower relating to its Loans and
its Notes and to approve any amendment, modification, or waiver of any provision
of the Operative Agreements (other than amendments, modifications, or waivers
decreasing the amount of principal of or the rate at which interest is payable
on such Loans or Notes, extending any scheduled principal payment date or date
fixed for the payment of interest on such Loans or Notes, or extending its
Commitment). Reasonably promptly in connection with granting any participation,
the granting Lender shall notify the Borrower, the Lessee and the Agent of the
identity of such Participant; provided, however, that the failure to so notify
any such Parties in a timely manner will not affect the validity of such grant.

      Any Lender may furnish any information concerning the Borrower, the Lessee
or any Subsidiaries of the Lessee in the possession of such Lender from time to
time to participants (including prospective participants), subject, however, to
the provisions of Section 12.13 of the Participation Agreement.

      9.8    ASSIGNMENTS.

      Assignments. (a) Subject to and in accordance with Section 10.1 of the
Participation Agreement, each Lender may assign to one or more Eligible
Assignees all or a portion of its

                                       20
<PAGE>   25

rights and obligations under the Operative Agreements (including, without
limitation, all or a portion of its Loans, its Notes, and its Commitment);
provided, however, that

            (i)   each such assignment shall be to an Eligible Assignee;

            (ii)  except in the case of an assignment to another Lender or an
      assignment of all of a Lender's rights and obligations under the Operative
      Agreements, any such partial assignment shall be in an amount at least
      equal to $5,000,000 or an integral multiple of $1,000,000 in excess
      thereof;

            (iii) each such assignment by a Lender shall be of a constant, and
      not varying, percentage of all of its rights and obligations under the
      Operative Agreements and the Notes; and

            (iv) the parties to such assignment shall execute and deliver to the
      Agent for its acceptance an Assignment and Acceptance substantially in the
      form of Exhibit B hereto, together with any Note subject to such
      assignment and a processing fee of $3,500.

Upon execution, delivery, and acceptance of such Assignment and Acceptance, the
assignee thereunder shall be a party hereto and, to the extent of such
assignment, have the obligations, rights and benefits of a Lender under the
Operative Agreements and the assigning Lender shall, to the extent of such
assignment, relinquish its rights and be released from its obligations under the
Operative Agreements. Upon the consummation of any assignment pursuant to this
Section, the assignor, the Agent and the Borrower shall make appropriate
arrangements so that, if required, new Notes are issued to the assignor and the
assignee. The cost of issuance of such new Notes shall be allocated to the
assignor and the assignee as determined by such parties. If the assignee is not
incorporated under the laws of the United States of America or a state thereof,
it shall deliver to the Borrower and the Agent certification as to exemption
from deduction or withholding of Taxes in accordance with Section 11.2(e) of the
Participation Agreement.

      (b)    Upon its receipt of an Assignment and Acceptance executed by the
parties thereto, together with any Note subject to such assignment and payment
of the processing fee, the Agent shall, if such Assignment and Acceptance has
been completed and is in substantially the form of Exhibit B hereto, (i) accept
such Assignment and Acceptance, (ii) record the information contained therein in
the Register and (iii) give prompt notice thereof to the parties thereto.

      (c)    Notwithstanding any other provision set forth in any Operative
Agreement, any Lender may at any time assign and pledge all or any portion of
its Loans and its Notes to any Federal Reserve Bank as collateral security
pursuant to Regulation A and any Operating Circular issued by such Federal
Reserve Bank. No such assignment shall release the assigning Lender from its
obligations hereunder.

      (d)    Any Lender may furnish any information concerning the Borrower, the
Lessee or any Subsidiaries of the Lessee in the possession of such Lender from
time to time to assignees

                                       21
<PAGE>   26

(including prospective assignees), subject, however, to the provisions of
Section 12.13 of the Participation Agreement.

      9.9    THE REGISTER.

      The Agent shall maintain at its address referred to in Section 12.2 of the
Participation Agreement a copy of each Assignment and Acceptance delivered to
and accepted by it and a register for the recordation of the names and addresses
of the Lenders and the Commitment of, and principal amount of the Loans owing
to, each Lender from time to time (the "Register"). The entries in the Register
shall be conclusive and binding for all purposes, absent manifest error, and the
Borrower, the Agent and the Lenders may treat each Person whose name is recorded
in the Register as a Lender hereunder for all purposes of this Agreement. The
Register shall be available for inspection by the Borrower or any Lender at any
reasonable time and from time to time upon reasonable prior notice.

      9.10   ADJUSTMENTS; SET-OFF.

      (a)    Except as otherwise expressly provided in Section 8.1 hereof and
Section 8.7 of the Participation Agreement where, and to the extent, one (1)
Lender is entitled to payments prior to other Lenders, if any Lender (a
"Benefitted Lender") shall at any time receive any payment of all or part of its
Loans, or interest thereon, or receive any collateral in respect thereof
(whether voluntarily or involuntarily, by set-off, pursuant to events or
proceedings of the nature referred to in Section 6(g), or otherwise), in a
greater proportion than any such payment to or collateral received by any other
Lender, if any, in respect of such other Lender's Loans, or interest thereon,
such Benefitted Lender shall purchase for cash from the other Lenders a
participating interest in such portion of each such other Lender's Loan, or
shall provide such other Lenders with the benefits of any such collateral, or
the proceeds thereof, as shall be necessary to cause such Benefitted Lender to
share the excess payment or benefits of such collateral or proceeds ratably with
each of the Lenders; provided, however, that if all or any portion of such
excess payment or benefits is thereafter recovered from such Benefitted Lender,
such purchase shall be rescinded, and the purchase price and benefits returned,
to the event of such recovery, but without interest.

      (b)    In addition to any rights now or hereafter granted under applicable
law or otherwise, and not by way of limitation of any such rights, upon the
occurrence of an Event of Default, the Agent and each Lender is hereby
authorized at any time or from time to time, without presentment, demand,
protest or other notice of any kind to the Borrower or to any other Person, any
such notice being hereby expressly waived, to set off and to appropriate and
apply any and all deposits (general or special) and any other Indebtedness at
any time held or owing by the Agent or such Lender (including without limitation
by branches and agencies of the Agent or such Lender wherever located) to or for
the credit or the account of the Borrower against and on account of the
obligations and liabilities of the Borrower to the Agent or such Lender under
this Agreement or under any of the other Operative Agreements, including without
limitation all interests in obligations of the Borrower purchased by any such
Lender pursuant to Section 9.10(a), and all other claims of any nature or
description arising out of or connected with this Agreement or any other
Operative Agreement, irrespective or whether or not the Agent or such

                                       22
<PAGE>   27

Lender shall have made any demand and although said obligations, liabilities or
claims, or any of them, shall be contingent or unmatured.

      9.11   COUNTERPARTS.

      This Agreement may be executed by one (1) or more of the parties to this
Agreement on any number of separate counterparts (including without limitation
by telecopy), and all of said counterparts taken together shall be deemed to
constitute one (1) and the same instrument. A set of the copies of this
Agreement signed by all the parties shall be lodged with the Borrower and the
Agent.

      9.12   SEVERABILITY.

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

      9.13   INTEGRATION.

      This Agreement and the other Credit Documents represent the agreement of
the Borrower, the Agent, and the Lenders with respect to the subject matter
hereof and thereof, and there are no promises, undertakings, representations or
warranties by the Agent or any Lender relative to subject matter hereof not
expressly set forth or referred to herein or in the other Credit Documents.

      9.14   GOVERNING LAW.

      THIS AGREEMENT AND THE NOTES AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
UNDER THIS AGREEMENT AND THE NOTES SHALL BE GOVERNED BY, AND CONSTRUED,
INTERPRETED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

      9.15   SUBMISSION TO JURISDICTION; VENUE.

      THE PROVISIONS OF THE PARTICIPATION AGREEMENT RELATING TO SUBMISSION TO
JURISDICTION AND VENUE ARE HEREBY INCORPORATED BY REFERENCE HEREIN, MUTATIS
MUTANDIS.

      9.16   ACKNOWLEDGEMENTS.

      The Borrower hereby acknowledges that:

                                       23
<PAGE>   28

      (a)    neither the Agent nor any Lender has any fiduciary relationship
with or duty to the Borrower arising out of or in connection with this Agreement
or any of the other Credit Documents, and the relationship between the Agent
(and the Lenders) and the Borrower, in connection herewith or therewith is
solely that of debtor and creditor; and

      (b)    no joint venture is created hereby or by the other Credit Documents
or otherwise exists by virtue of the transactions contemplated hereby among the
Lenders or among the Borrower and the Lenders.

      9.17   WAIVERS OF JURY TRIAL.

      THE BORROWER, THE AGENT AND THE LENDERS HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVE, TO THE FULLEST EXTENT ALLOWED BY APPLICABLE LAW, TRIAL BY
JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER
CREDIT DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

      9.18   NONRECOURSE.

      In addition to and not in limitation of Section 12.9 of the Participation
Agreement, anything to the contrary contained in this Agreement or in any other
Operative Agreement notwithstanding, no Exculpated Person shall be personally
liable in any respect for any liability or obligation hereunder or under any
other Operative Agreement including without limitation the payment of the
principal of, or interest on, the Notes, or for monetary damages for the breach
of performance of any of the covenants contained in this Agreement, the Notes or
any of the other Operative Agreements. The Agent and the Lenders agree that, in
the event any of them pursues any remedies available to them under this
Agreement, the Notes or any other Operative Agreement, neither the Agent nor the
Lenders shall have any recourse against the Borrower, nor any other Exculpated
Person, for any deficiency, loss or claim for monetary damages or otherwise
resulting therefrom and recourse shall be had solely and exclusively against the
Trust Estate and the Lessee; but nothing contained herein shall be taken to
prevent recourse against or the enforcement of remedies against the Trust Estate
in respect of any and all liabilities, obligations and undertakings contained in
this Agreement, the Notes or any other Operative Agreement. The Agent and the
Lenders further agree that the Borrower shall not be responsible for the payment
of any amounts owing hereunder (excluding principal and interest (other than
Overdue Interest) in respect of the Loans) (such non-excluded amounts,
"Supplemental Amounts") except to the extent that payments of Supplemental Rent
designated by the Lessee for application to such Supplemental Amounts shall have
been paid by the Lessee pursuant to the Lease (it being understood that the
failure by the Lessee for any reason to pay any Supplemental Rent in respect of
such Supplemental Amounts shall nevertheless be deemed to constitute a default
by the Borrower for the purposes of Section 6). Notwithstanding the foregoing
provisions of this Section 9.18, nothing in this Agreement or any other
Operative Agreement shall (a) constitute a waiver, release or discharge of any
obligation evidenced or secured by this Agreement or any other Credit Document,
(b) limit the right of the Agent or any Lender to name the Borrower as a party
defendant in any action or suit for judicial foreclosure and sale under any

                                       24
<PAGE>   29

Security Document, or (c) affect in any way the validity or enforceability of
any guaranty (whether of payment and/or performance) given to the Lessor, the
Agent or the Lenders, or of any indemnity agreement given by the Borrower, in
connection with the Loans made hereunder.

      9.19   USURY SAVINGS PROVISION.

      IT IS THE INTENT OF THE PARTIES HERETO TO CONFORM TO AND CONTRACT IN
STRICT COMPLIANCE WITH APPLICABLE USURY LAW FROM TIME TO TIME IN EFFECT. TO THE
EXTENT ANY PAYMENTS HEREUNDER ARE HEREINAFTER CHARACTERIZED BY ANY COURT OF
COMPETENT JURISDICTION AS THE REPAYMENT OF PRINCIPAL AND INTEREST THEREON, THE
FOLLOWING PROVISIONS OF THIS SECTION 9.19 SHALL APPLY. ANY SUCH PAYMENTS SO
CHARACTERIZED AS INTEREST MAY BE REFERRED TO HEREIN AS "INTEREST." ALL
AGREEMENTS AMONG THE PARTIES HERETO ARE HEREBY LIMITED BY THE PROVISIONS OF THIS
PARAGRAPH WHICH SHALL OVERRIDE AND CONTROL ALL SUCH AGREEMENTS, WHETHER NOW
EXISTING OR HEREAFTER ARISING AND WHETHER WRITTEN OR ORAL. IN NO WAY, NOR IN ANY
EVENT OR CONTINGENCY (INCLUDING WITHOUT LIMITATION PREPAYMENT OR ACCELERATION OF
THE MATURITY OF ANY OBLIGATION), SHALL ANY INTEREST TAKEN, RESERVED, CONTRACTED
FOR, CHARGED, OR RECEIVED UNDER THIS AGREEMENT OR OTHERWISE, EXCEED THE MAXIMUM
NONUSURIOUS AMOUNT PERMISSIBLE UNDER APPLICABLE LAW. IF, FROM ANY POSSIBLE
CONSTRUCTION OF ANY OF THE OPERATIVE AGREEMENTS OR ANY OTHER DOCUMENT OR
AGREEMENT, INTEREST WOULD OTHERWISE BE PAYABLE IN EXCESS OF THE MAXIMUM
NONUSURIOUS AMOUNT, ANY SUCH CONSTRUCTION SHALL BE SUBJECT TO THE PROVISIONS OF
THIS PARAGRAPH AND SUCH AMOUNTS UNDER SUCH DOCUMENTS OR AGREEMENTS SHALL BE
AUTOMATICALLY REDUCED TO THE MAXIMUM NONUSURIOUS AMOUNT PERMITTED UNDER
APPLICABLE LAW, WITHOUT THE NECESSITY OF EXECUTION OF ANY AMENDMENT OR NEW
DOCUMENT OR AGREEMENT. IF THE AGENT OR ANY LENDER SHALL EVER RECEIVE ANYTHING OF
VALUE WHICH IS CHARACTERIZED AS INTEREST WITH RESPECT TO THE OBLIGATIONS OWED
HEREUNDER OR UNDER APPLICABLE LAW AND WHICH WOULD, APART FROM THIS PROVISION, BE
IN EXCESS OF THE MAXIMUM LAWFUL AMOUNT, AN AMOUNT EQUAL TO THE AMOUNT WHICH
WOULD HAVE BEEN EXCESSIVE INTEREST SHALL, WITHOUT PENALTY, BE APPLIED TO THE
REDUCTION OF THE COMPONENT OF PAYMENTS DEEMED TO BE PRINCIPAL AND NOT TO THE
PAYMENT OF INTEREST, OR REFUNDED TO THE BORROWER OR ANY OTHER PAYOR THEREOF, IF
AND TO THE EXTENT SUCH AMOUNT WHICH WOULD HAVE BEEN EXCESSIVE EXCEEDS THE
COMPONENT OF PAYMENTS DEEMED TO BE PRINCIPAL. THE RIGHT TO DEMAND PAYMENT OF ANY
AMOUNTS EVIDENCED BY ANY OF THE OPERATIVE AGREEMENTS DOES NOT INCLUDE THE RIGHT
TO RECEIVE ANY INTEREST WHICH HAS NOT OTHERWISE ACCRUED ON THE DATE OF SUCH

                                       25
<PAGE>   30

DEMAND, AND NEITHER THE AGENT NOR ANY LENDER INTENDS TO CHARGE OR RECEIVE ANY
UNEARNED INTEREST IN THE EVENT OF SUCH DEMAND. ALL INTEREST PAID OR AGREED TO BE
PAID TO THE AGENT OR ANY LENDER SHALL, TO THE EXTENT PERMITTED BY APPLICABLE
LAW, BE AMORTIZED, PRORATED, ALLOCATED, AND SPREAD THROUGHOUT THE FULL STATED
TERM (INCLUDING WITHOUT LIMITATION ANY RENEWAL OR EXTENSION) OF THIS AGREEMENT
SO THAT THE AMOUNT OF INTEREST ON ACCOUNT OF SUCH PAYMENTS DOES NOT EXCEED THE
MAXIMUM NONUSURIOUS AMOUNT PERMITTED BY APPLICABLE LAW.

      9.20 THIRD PARTY BENEFICIARY.

      The parties hereto acknowledge and agree that the Lessee is a third party
beneficiary of this Agreement and has all rights attendant thereto.

      9.21 MUTILATED, DESTROYED, LOST OR STOLEN NOTES.

      If any Note shall become mutilated, destroyed, lost or stolen, the Owner
Trustee shall, upon the written request and at the sole cost and expense of the
holder of such Note, issue a new Note in the form of Exhibit A-1 or Exhibit A-2
hereto, as applicable, payable to the same holder and dated the same date as the
Note so mutilated, destroyed, lost or stolen. The Agent shall make a notation on
each new Note of the amount of all payments or prepayments of principal and
interest theretofore made on the Note so mutilated, destroyed, lost or stolen
and the date to which interest on such old Note has been paid. If the Note being
replaced has become mutilated, such Note shall be surrendered to the Agent and
forwarded to the Owner Trustee by the Agent. If the Note being replaced has been
destroyed, lost or stolen, the holder of such Note shall furnish to the Owner
Trustee and the Agent (a) such security or indemnity as may be required by them
to save the Owner Trustee and the Agent harmless and (b) evidence satisfactory
to the Owner Trustee and the Agent of the destruction, loss or theft of such
Note and of the ownership thereof.

                           [signature pages to follow]

                                       26
<PAGE>   31

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

                                        FIRST SECURITY BANK, NATIONAL
                                        ASSOCIATION, not individually, except as
                                        expressly stated herein, but solely as
                                        the Owner Trustee under the VS Trust
                                        2000-1

                                        By: /s/ VAL T. ORTON
                                            ----------------------------------
                                        Name: Val T. Orton
                                        Title: Vice President

                                        BANK OF AMERICA, N.A., as the Agent and
                                        a Lender

                                        By: /s/ DOUGLAS T. MECKELNBURG
                                            ----------------------------------
                                        Name: Douglas T. Meckelnburg
                                        Title: Vice President

                                        KEYBANK NATIONAL ASSOCIATION, as a
                                        Lender

                                        By: /s/ MARY K. YOUNG
                                            ----------------------------------
                                        Name: Mary K. Young
                                        Title: Assistant Vice President

                                        UNION BANK OF CALIFORNIA, N.A, as a
                                        Lender

                                        By: /s/ GLENN LEYRER
                                            ----------------------------------
                                        Name: Glenn Leyrer
                                        Title: Vice President
<PAGE>   32

                                        WELLS FARGO BANK, NATIONAL ASSOCIATION,
                                        as a Lender

                                        By: /s/ ERIC C. HOUSER
                                            ----------------------------------
                                        Name: Eric C. Houser
                                        Title: Vice President

<PAGE>   33

                                  Schedule 2.1

<TABLE>
<CAPTION>
                                                Tranche A                       Tranche B
                                                Commitment                     Commitment
                                                ----------                     ----------
Name and Address of Lenders                 Amount/Percentage               Amount/Percentage
---------------------------                 -----------------               -----------------
<S>                                   <C>             <C>             <C>             <C>
Bank of America, N.A.                 $11,180,000     32.5%           $1,430,000      32.5%
555 California Street, 41st Floor
Mail Code: CA5-705-41-01
San Francisco, CA 94104
Attention: Doug Meckelnburg
Telephone: (415) 953-9155
Telecopy: (415) 622-0632

KeyBank National Association          $11,180,000     32.5%           $1,430,000      32.5%
700 Fifth Avenue, 46th Floor
Seattle, WA 98104
Attention: Mary K. Young
Telephone: (206) 684-6085
Telecopy: (206) 684-6035

Union Bank of California, N.A.        $ 7,740,000     22.5%             $990,000      22.5%
1980 Saturn Street
Monterey Park, CA 91755
Attention: Gohar Karapetyan,
           Vice President
Telephone: (323)720-2679
Telecopy: (323)724-6198

Wells Fargo Bank, National            $ 4,300,000     12.5%             $550,000      12.5%
Association
201 3rd Street, 8th Floor
San Francisco, CA 94301
Attention: Rosanna Roxas
Telephone: (415)477-5390
Telecopy: (415) 979-0675

TOTAL                               $34,400,000        100%           $4,400,000       100%
</TABLE>

<PAGE>   34

                                   Exhibit A-1

                                 TRANCHE A NOTE

                                 VS Trust 2000-1

                                                              ____________, 2000

      FOR VALUE RECEIVED, the undersigned, FIRST SECURITY BANK, NATIONAL
ASSOCIATION, not in its individual capacity, but solely as the Owner Trustee
under the VS Trust 2000-1 (the "Borrower"), hereby unconditionally promises to
pay to the order of [LENDER] (the "Lender"), at the office of BANK OF AMERICA,
N.A., located at [__________] or at such other address as may be specified by
BANK OF AMERICA, N.A., in lawful money of the United States of America and in
immediately available funds, on the Maturity Date, the aggregate unpaid
principal amount of all Tranche A Loans made by the Lender to the Borrower
pursuant to Section 2.1 of the Credit Agreement (as defined below). The Borrower
agrees to pay interest in like money at such office on the unpaid principal
amount hereof from time to time outstanding at the rates and on the dates
specified in Section 2.8 of such Credit Agreement.

      The holder of this Note is authorized to endorse on the schedules annexed
hereto and made a part hereof or on a continuation thereof which shall be
attached hereto and made a part hereof the date, Type and amount of each Tranche
A Loan made pursuant to the Credit Agreement and the date and amount of each
payment or prepayment of principal thereof, each continuation thereof and each
conversion of all or a portion thereof to another Type. Each such endorsement
shall constitute prima facie evidence of the accuracy of the information
endorsed. The failure to make any such endorsement or any error in such
endorsement shall not affect the obligations of the Borrower in respect of such
Loan.

      This Note (a) is one (1) of the Notes referred to in the Credit Agreement
dated as of March 9, 2000 (as amended, supplemented or otherwise modified from
time to time, the "Credit Agreement"), among the Borrower, the Lender, the other
banks and financial institutions from time to time parties thereto and Bank of
America, N.A., as the Agent, (b) is subject to the provisions of the Credit
Agreement (including without limitation Section 9.18 thereof) and (c) is subject
to optional and mandatory prepayment in whole or in part as provided in the
Credit Agreement. Reference is hereby made to the Credit Documents for a
description of the properties and assets in which a security interest has been
granted, the nature and extent of the security and the guarantees, the terms and
conditions upon which the security interests and each guarantee were granted and
the rights of the holder of this Note in respect thereof.

      Upon the occurrence of any one (1) or more of the Events of Default, all
amounts then remaining unpaid on this Note shall become, or may be declared to
be, immediately due and payable, all as provided in the Credit Agreement.

                                      A-1-1
<PAGE>   35

      All parties now and hereafter liable with respect to this Note, whether
maker, principal, surety, guarantor, endorser or otherwise, hereby waive
presentment, demand, protest and all other notices of any kind.

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

         [The remainder of this page has been left blank intentionally.]

                                      A-1-2
<PAGE>   36

      THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED, INTERPRETED AND ENFORCED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

                                        FIRST SECURITY BANK, NATIONAL
                                        ASSOCIATION, not individually, but
                                        solely as the Owner Trustee under the VS
                                        Trust 2000-1

                                        By:
                                           -------------------------------------
                                        Name:
                                             -----------------------------------
                                        Title:
                                              ----------------------------------

                                      A-1-3
<PAGE>   37

                                   Exhibit A-2

                                 TRANCHE B NOTE

                                 VS Trust 2000-1

                                                              ____________, 2000

      FOR VALUE RECEIVED, the undersigned, FIRST SECURITY BANK, NATIONAL
ASSOCIATION, not in its individual capacity, but solely as the Owner Trustee
under the VS Trust 2000-1 (the "Borrower"), hereby unconditionally promises to
pay to the order of [LENDER] (the "Lender") at the office of BANK OF AMERICA,
N.A. located at [__________] or at such other address as may be specified by
BANK OF AMERICA, N.A., in lawful money of the United States of America and in
immediately available funds, on the Maturity Date, the aggregate unpaid
principal amount of all Tranche B Loans made by the Lender to the Borrower
pursuant to Section 2.1 of the Credit Agreement (as defined below). The Borrower
agrees to pay interest in like money at such office on the unpaid principal
amount hereof from time to time outstanding at the rates and on the dates
specified in Section 2.8 of such Credit Agreement.

      The holder of this Note is authorized to endorse on the schedules annexed
hereto and made a part hereof or on a continuation thereof which shall be
attached hereto and made a part hereof the date, Type and amount of each Tranche
B Loan made pursuant to the Credit Agreement and the date and amount of each
payment or prepayment of principal thereof, each continuation thereof and each
conversion of all or a portion thereof to another Type. Each such endorsement
shall constitute prima facie evidence of the accuracy of the information
endorsed. The failure to make any such endorsement or any error in such
endorsement shall not affect the obligations of the Borrower in respect of such
Loan.

      This Note (a) is one (1) of the Notes referred to in the Credit Agreement
dated as of March 9, 2000 (as amended, supplemented or otherwise modified from
time to time, the "Credit Agreement"), among the Borrower, the Lender, the other
banks and financial institutions from time to time parties thereto and Bank of
America, N.A., as the Agent, (b) is subject to the provisions of the Credit
Agreement (including without limitation Section 9.18 thereof) and (c) is subject
to optional and mandatory prepayment in whole or in part as provided in the
Credit Agreement. Reference is hereby made to the Credit Documents for a
description of the properties and assets in which a security interest has been
granted, the nature and extent of the security and the guarantees, the terms and
conditions upon which the security interests and each guarantee were granted and
the rights of the holder of this Note in respect thereof.

      Upon the occurrence of any one (1) or more of the Events of Default, all
amounts then remaining unpaid on this Note shall become, or may be declared to
be, immediately due and payable, all as provided in the Credit Agreement.

                                      A-2-1
<PAGE>   38

      All parties now and hereafter liable with respect to this Note, whether
maker, principal, surety, guarantor, endorser or otherwise, hereby waive
presentment, demand, protest and all other notices of any kind.

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

         [The remainder of this page has been left blank intentionally.]

                                      A-2-2
<PAGE>   39

      THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED, INTERPRETED AND ENFORCED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

                                        FIRST SECURITY BANK, NATIONAL
                                        ASSOCIATION, not individually, but
                                        solely as the Owner Trustee under the VS
                                        Trust 2000-1

                                        By:
                                           -------------------------------------
                                        Name:
                                             -----------------------------------
                                        Title:
                                              ----------------------------------

                                      A-2-3
<PAGE>   40

                                    Exhibit B

                            ASSIGNMENT AND ACCEPTANCE

      Reference is made to the Credit Agreement, dated as of March 9, 2000 (as
amended, supplemented or otherwise modified from time to time, the "Credit
Agreement"), among FIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its
individual capacity, but solely as the Owner Trustee under the VS Trust 2000-1
(the "Owner Trustee" or the "Borrower"), the Lenders named therein and Bank of
America, N.A., as the Agent. Unless otherwise defined herein, terms defined in
the Credit Agreement (or pursuant to Section 1 of the Credit Agreement, defined
in other agreements) and used herein shall have the meanings given to them in or
pursuant to the Credit Agreement.

      [____________________] (the "Assignor") and [_______________] (the
"Assignee") agree as follows:

      1. The Assignor hereby irrevocably sells and assigns to the Assignee
without recourse to the Assignor, and the Assignee hereby irrevocably purchases
and assumes from the Assignor without recourse to the Assignor, as of the
Effective Date (as defined below), a [___%] interest (the "Assigned Interest")
in and to the Assignor's rights and obligations under the Credit Agreement with
respect to the credit facility contained in the Credit Agreement as are set
forth on Schedule 1 hereto (the "Assigned Facility"), in a principal amount for
the Assigned Facility as set forth on Schedule 1.

      2. The Assignor (a) makes no representation or warranty and assumes no
responsibility with respect to any statements, warranties or representations
made in or in connection with the Credit Agreement or any other Operative
Agreement or the execution, legality, validity, enforceability, genuineness,
sufficiency or value of the Credit Agreement, any other Operative Agreement or
any other instrument or document furnished pursuant thereto, other than that it
has not created any adverse claim upon the interest being assigned by it
hereunder and that such interest is free and clear of any such adverse claim;
(b) makes no representation or warranty and assumes no responsibility with
respect to the financial condition of the Borrower, or any other obligor or the
performance or observance by the Borrower, or any other obligor of any of their
respective obligations under the Credit Agreement or any other Operative
Agreement or any other instrument or document furnished pursuant hereto or
thereto; and (c) attaches the Note held by it evidencing the Assigned Facility
and requests that the Agent exchange such Note for a new Note payable to the
Assignee and (if the Assignor has retained any interest in the Assigned
Facility) a new Note payable to the Assignor in the respective amounts which
reflect the assignment being made hereby (and after giving effect to any other
assignments which have become effective on the Effective Date).

      3. The Assignee (a) represents and warrants that it is legally authorized
to enter into this Assignment and Acceptance; (b) confirms that it has received
copies of the Operative Agreements, and such other documents and information as
it has deemed appropriate to make its

                                       B-1
<PAGE>   41

own credit analysis and decision to enter into this Assignment and Acceptance;
(c) agrees that it will, independently and without reliance upon the Assignor,
the Agent or any other Lender and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Credit Agreement, the other Operative
Agreements or any other instrument or document furnished pursuant hereto or
thereto; (d) appoints and authorizes the Agent to take such action as agent on
its behalf and to exercise such powers and discretion under the Credit
Agreement, the other Operative Agreements or any other instrument or document
furnished pursuant hereto or thereto as are delegated to the Agent by the terms
thereof, together with such powers as are incidental thereto; and (e) agrees
that it will be bound by the provisions of the Credit Agreement and the other
Operative Agreements to which Assignee is a party and will perform in accordance
herewith all the obligations which by the terms of the Credit Agreement and the
other Operative Agreements to which Assignee is a party are required to be
performed by it as a Lender including without limitation, if it is organized
under the laws of a jurisdiction outside the U.S., its obligation pursuant to
Section 11.2(e) of the Participation Agreement.

      4. The effective date of this Assignment and Acceptance shall be
[________, _____] (the "Effective Date"). Following the execution of this
Assignment and Acceptance, it will be delivered to the Agent for acceptance by
it and recording by the Agent pursuant to Section 9.9 of the Credit Agreement,
effective as of the Effective Date (which shall not, unless otherwise agreed to
by the Agent, be earlier than five (5) Business Days after the date of such
acceptance and recording by the Agent).

      5. Upon such acceptance and recording, from and after the Effective Date,
the Agent shall make all payments in respect of the Assigned Interest (including
without limitation payments of principal, interest, fees and other amounts) to
the Assignee whether such amounts have accrued prior to the Effective Date or
accrue subsequent to the Effective Date. The Assignor and the Assignee shall
make all appropriate adjustments in payments by the Agent for periods prior to
the Effective Date or with respect to the making of this assignment directly
between themselves.

      6. From and after the Effective Date, (a) the Assignee shall be a party to
the Credit Agreement and, to the extent provided in this Assignment and
Acceptance, have the rights and obligations of a Lender thereunder and under the
other Operative Agreements and shall be bound by the provisions thereof and (b)
the Assignor shall, to the extent provided in this Assignment and Acceptance,
relinquish its rights and be released from its obligations under the Credit
Agreement and the other Operative Agreements.

      7. THIS ASSIGNMENT AND ACCEPTANCE SHALL BE GOVERNED BY, AND CONSTRUED,
INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

      8. This Assignment and Acceptance may be executed by one (1) or more of
the parties hereto on any number of separate counterparts (including without
limitation by telecopy),

                                       B-2
<PAGE>   42

and all of said counterparts taken together shall be deemed to constitute one
(1) and the same instrument.

                                       B-3
<PAGE>   43

      IN WITNESS WHEREOF, the parties hereto have caused this Assignment and
Acceptance to be executed as of the date first above written by their respective
duly authorized officers on Schedule 1 hereto.

                                        [Name of Assignor]

                                        By:
                                           -------------------------------------
                                        Name:
                                             -----------------------------------
                                        Title:
                                              ----------------------------------

                                        [Name of Assignee]

                                        By:
                                           -------------------------------------
                                        Name:
                                             -----------------------------------
                                        Title:
                                              ----------------------------------

                                        Consented To:

                                        FIRST SECURITY BANK, NATIONAL
                                        ASSOCIATION, not individually, but
                                        solely as the Owner Trustee under the VS
                                        Trust 2000-1

                                        By:
                                           -------------------------------------
                                        Name:
                                             -----------------------------------
                                        Title:
                                              ----------------------------------

                                        BANK OF AMERICA, N.A., as the Agent

                                        By:
                                           -------------------------------------
                                        Name:
                                             -----------------------------------
                                        Title:
                                              ----------------------------------

     [consents required only to the extent expressly provided in Section 9.8
                            of the Credit Agreement]

                                       B-4
<PAGE>   44

                                   SCHEDULE 1
                          TO ASSIGNMENT AND ACCEPTANCE
                        RELATING TO THE CREDIT AGREEMENT,
                           DATED AS OF MARCH 9, 2000,
                                      AMONG
                    FIRST SECURITY BANK, NATIONAL ASSOCIATION
                                NOT INDIVIDUALLY,
                        BUT SOLELY AS THE OWNER TRUSTEE,
                            THE LENDERS NAMED THEREIN
                                       AND
                       BANK OF AMERICA, N.A., AS THE AGENT
                 FOR THE LENDERS (IN SUCH CAPACITY, THE "AGENT")

Name of Assignor:
                 -----------------------------
Name of Assignee:
                 -----------------------------

Effective Date of Assignment:
                             -----------------

<TABLE>
<CAPTION>
        Credit               Principal             Commitment
        Facility Assigned    Amount Assigned       Percentage Assigned
        <S>                  <C>                   <C>
        ----------------     $------------          ------------%
</TABLE>

        [Name of Assignor]

        By:
           -----------------------------------
        Name:
             ---------------------------------
        Title:
              --------------------------------

        [Name of Assignee]

        By:
           -----------------------------------
        Name:
             ---------------------------------
        Title:
              --------------------------------

                                       B-5

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