Document:

Purchase Agreement

 Exhibit 10.2 
 PURCHASE AGREEMENT 
 PURCHASE AGREEMENT, dated as of April 5, 2007 (the
“Agreement”), by and between Nationwide Financial Services, Inc. (the “Issuer”), and UBS AG, London Branch (“UBS”) acting through UBS Securities LLC (“Agent”) as agent. 
 W I T N E S S E T H 
 WHEREAS, the Issuer has publicly announced its intention to repurchase shares of its Class A common stock, par value $0.01 per share
(the “Common Stock”), from time to time (the “Repurchase Program”); and 
 WHEREAS, the Issuer desires to
enter into the Agreement with UBS in order to effect the Repurchase Program; 
 NOW, THEREFORE, in consideration of the
premises, the covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 Section 1. Definitions. 
 As used herein the following terms shall have the meanings set forth below: 
 “Announcement Date” means in respect of a Merger Event, the date of the first public announcement of a firm intention to merge or to make an offer that leads to the Merger Event, as determined by the Calculation Agent. 

“Bankruptcy” means the Issuer is dissolved (other than pursuant to a consolidation, amalgamation or merger);
(2) becomes insolvent or is unable to pay its debts or fails or admits in writing its inability generally to pay its debts as they become due; (3) makes a general assignment, arrangement or composition with or for the benefit of its
creditors; (4) institutes or has instituted against it a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors' rights, or a petition is
presented for its winding-up or liquidation, and, in the case of any such proceeding or petition instituted or presented against it, such proceeding or petition (A) results in a judgment of insolvency or bankruptcy or the entry of an order for
relief or the making of an order for its winding-up or liquidation or (B) is not dismissed, discharged, stayed or restrained in each case within 30 days of the institution or presentation thereof; (5) has a resolution passed for its
winding-up, official management or liquidation (other than pursuant to a consolidation, amalgamation or merger); (6) seeks or becomes subject to the appointment of an administrator, provisional liquidator, conservator, receiver, trustee,
custodian or other similar official for it or for all or substantially all its assets; (7) has a secured party take 

 
possession of all or substantially all its assets or has a distress, execution, attachment, sequestration or other legal process levied, enforced or sued on
or against all or substantially all its assets and such secured party maintains possession, or any such process is not dismissed, discharged, stayed or restrained, in each case within 30 days thereafter; (8) causes or is subject to any event
with respect to it which, under the applicable laws of any jurisdiction, has an analogous effect to any of the events specified in clauses (1) to (7) (inclusive); or (9) takes any action in furtherance of, or indicating its consent
to, approval of, or acquiescence in, any of the foregoing acts. 
 “Bloomberg Screen Volume at Price Page” shall
mean the display designated as page “NFS Equity AQR” on the Bloomberg Financial Service or such page as may replace the Volume at Price page on that service for the purpose of displaying daily volume and volume-weighted trading prices of
equity securities during the normal trading hours of 9:30 a.m. to 4:00 p.m., New York Time or, if such service does not then publish daily volume and volume-weighted trading prices of the Common Stock, such other page and services selected by the
Calculation Agent that reports daily volume and weighted trading prices of the Common Stock. 
 “Borrowed Shares”
means, as of any date, the number of Shares borrowed by UBS in connection with this Transaction, as determined in good faith by the Calculation Agent. 
 “Calculation Agent” shall mean UBS Securities LLC. 
 “Calculation Date”
means, with respect to each Tranche, the first Trading Day after the Last Averaging Date. 
 “Closing Price” of the
Common Stock on any day shall mean the last reported sales price regular way on such day or, in case no such sales price is reported on such day, the average of the reported closing bid and asked prices regular way of the Common Stock, in each case
on the Exchange, or, if not then traded on the Exchange, the principal securities exchange or quotation system on which the Common Stock is then listed or admitted to trading, or, if not then listed or admitted to trading on a securities exchange or
quotation system, the average of the closing bid and asked prices of the Common Stock in the over-the-counter market on the day in question as reported by the National Quotations Bureau Incorporated, or a similarly generally accepted reporting
service, or, if not so available in such manner, as furnished by any Exchange member firm selected in good faith by the Calculation Agent. 
 “Combined Consideration” means New Shares in combination with Other Consideration. 
 “Cross Default” means the occurrence or existence of (1) a default, event of default or other similar condition or event (however described) in respect of the Issuer under one or more agreements or instruments relating to the
payment of money in an aggregate amount of not less than $50 million which has resulted in such agreement or instrument becoming, or becoming capable at such time of being declared, due and payable before it would otherwise have been due and payable
(after giving effect to any applicable notice requirement 

  

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or grace period) or (2) a default by the Issuer in making one or more payments on the due date thereof in an aggregate amount of not less than $50
million under such agreements or instruments (after giving effect to any applicable notice requirement or grace period). 
 “Determined Amount” has the meaning ascribed to it in Section 3(d). 
 “Discount” means
$0.51. 
 “Dividend Event” means the public announcement or notification to UBS pursuant to Section 6 below of
an ordinary or extraordinary dividend or distribution by the Issuer with a record date occurring in any of the time periods specified below with a value, as determined by the Calculation Agent in good faith, that exceeds the amount specified below
for such period by $0.01 or more 
  

				
	 Period
	  	Dividend
	 April 5, 2007 through and including June 30, 2007
	  	$	0.26
	 July 1, 2007 through and including September 30, 2007
	  	$	0.26
	 October 1, 2007 through and including the Last Averaging Date, If later than October 1
	  	$	0.26

 “Early Closure” means the closure on any Trading Day of the Exchange or
any Related Exchange(s) prior to its regularly scheduled closing time. 
 “Excess Shares” means the number of
Shares (if any) equal to (a)(i) the Settlement Amount divided by (ii) the Reference Price minus (b) the Determined Amount. 
 “Exchange” means the New York Stock Exchange or any successor thereto or any substitute exchange or quotation system to which trading in the Shares has temporarily relocated (provided that the Calculation
Agent has determined that there is comparable liquidity relative to the Shares on such temporary substitute exchange or quotation system as on the original Exchange). 
 “Exchange Disruption” means any event (other than an Early Closure) that significantly disrupts or impairs (as determined by the Calculation Agent) the ability of market participants in
general (i) to effect transactions in, or obtain market values for, the Shares on the Exchange, or (ii) to effect transactions in, or obtain market values for, futures or options contracts relating to the Shares on the Related Exchange(s).

 “Execution Period” shall mean the period commencing on the First Averaging Date and ending on the earliest of
(i) the Last Averaging Date of the last Tranche, (ii) the Termination Date or (iii) the Termination Event Termination Date. 
  

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 “Failure to Pay or Deliver” means failure by the Issuer to make, when due, any
payment under this Agreement or any delivery of Shares under this Agreement required to be made by it if such failure is not remedied on or before the third Trading Day after notice of such failure is given to the Issuer by UBS or the Agent.

 “Final VWAP-Minus Price” means, in respect of each Tranche, (i) the arithmetic average of daily
volume-weighted average prices of Shares in each Trading Day from the First Averaging Date up to and including the Last Averaging Date in respect of such Tranche, as listed on Bloomberg Screen Volume at Price Page, minus (ii) the Discount.

 “First Averaging Date” means, with respect to each Tranche April 9, 2007. 
 “Hedge Account Shares” means, as of any date, the Number of Shares minus the Borrowed Shares. 
 “Last Averaging Date” means a Trading Day determined by UBS that is no later than the Latest Completion Date and no earlier
than: 
 •      April 19, 2007 in the case of Tranche One 
 •      May 3, 2007 in the case of Tranche Two 
 •      May 17, 2007 in the case of Tranche Three 
 •      May 31, 2007 in the case of Tranche Four 
 •      June 14, 2007 in the case of Tranche Five 
 •      June 28, 2007 in the case of Tranche Six 
 •      July 12, 2007 in the case of Tranche Seven 
 Notice of the Last Averaging Date in respect of each Tranche shall be given by UBS not later than 8:00 pm New York time on the business
day following such Last Averaging Date. Notice shall be irrevocable once provided to Issuer. If no notice is provided, then the Last Averaging Date with respect to each Tranche shall be the Latest Completion Date. 
 “Latest Completion Date” means October 9, 2007. 
 “Market Disruption Event” means the occurrence or existence of (i) a Trading Disruption, (ii) an Exchange Disruption or (iii) an Early Closure, which in each case the
Calculation Agent determines is material. 
 “Material Subsidiary” means Nationwide Life Insurance Company,
Nationwide Life and Annuity Insurance Company and Nationwide Life Insurance Company of America. 
 “Merger Event”
means, in respect of any relevant Shares, any (i) reclassification or change of such Shares that results in a transfer of or an irrevocable commitment to transfer 

  

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all of such Shares outstanding, (ii) consolidation, amalgamation or merger of the Issuer with or into another entity (other than a consolidation,
amalgamation or merger in which such Issuer is the continuing entity and which does not result in any such reclassification or change of all of such Shares outstanding) or (iii) other takeover offer for such Shares that results in a transfer or
an irrevocable commitment to transfer all such Shares (other than such Shares owned or controlled by the offeror), in each case if the Merger Date is on or before the Last Averaging Date. 
 “Net Share Settlement” shall mean settlement by the Issuer of its obligations hereunder in accordance with Section 3(c).

 “New Shares” means shares (whether of the offeror or a third party). 
 “Number of Shares” means the quotient of (i) the Purchase Price divided by (ii) the Closing Price of the Common Stock
on April 5, 2007. 
 “Other Consideration” means cash and/or any securities (other than New Shares) or assets
(whether of the offeror or a third party). 
 “Payment Date” has the meaning ascribed to it in Section 3(b).

 “Principal Account” means the notional principal account referred to in Section 3(a). 
 “Purchase Price” means $164,999,974.90. 
 “Purchasing Date” means any Trading Day during the Execution Period. 
 “Reference Price” means the Closing Price of the Common Stock on the last Trading Day of the Execution Period. 
 “Related Exchange(s)” means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to
the Shares. 
 “Scheduled Trading Day” means any day on which the Exchange and each Related Exchange are scheduled
to be open for trading for their respective regular trading sessions. 
 “Settlement Amount” shall mean (i) in
the case of the Issuer, the amount, payable in cash or shares of the Issuer’s common stock, of any negative balance in the Principal Account as of the Calculation Date, and (ii) in the case of UBS, the amount of any positive balance in the
Principal Account as of the Calculation Date, in each case as determined by the Calculation Agent. 
  

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 “Share-for-Combined” means, in respect of a Merger Event, that the
consideration for the relevant Shares consists of Combined Consideration. 
 “Share-for-Other” means, in respect of
a Merger Event, that the consideration for the relevant Shares consists solely of Other Consideration. 
 “Share-for-Share” means, in respect of a Merger Event, that the consideration for the relevant Shares consists (or, at the option of the holder of such Shares, may consist) solely of New Shares. 
 “Shelf Registration” means a registration statement in form and substance reasonably acceptable to UBS for an offering to be
made on a continuous basis pursuant to Rule 415 under the Securities Act, registering UBS's resale, in any manner or manners designated by UBS, of all the Stock Settlement Shares, any Make-Whole Shares, and any other Shares held by UBS in connection
with this transaction which, in the opinion of counsel to UBS, are required to be included in the Shelf Registration to be resold by UBS to the public. 
 “Short Squeeze” shall mean a situation where (i) UBS has determined, in its judgment, that it is unable to hedge its exposure to the transaction contemplated hereby because of the lack of sufficient
shares of Common Stock being made available for borrowing from lenders, including without limitation UBS’s being required to redeliver shares of Common Stock to any lender at the demand of such lender and not being able to meet such obligation
in full in a timely manner by reasonable efforts to borrow shares of Common Stock from another lender or lenders, or (ii) UBS would incur a cost to borrow shares of Common Stock to hedge its exposure to the transaction contemplated hereby that
is greater than a rate equal to 50 basis points per annum. 
 “Stock Settlement Amount” shall mean (i) in the
case that the Issuer is required to pay the Settlement Amount to UBS and has elected to pay the Settlement Amount by delivery of shares of Common Stock to UBS pursuant to Section 3(c), an amount, determined by the Calculation Agent, equal to
the Settlement Amount to be paid by the Issuer pursuant to Section 3(b), divided by the Reference Price, and (ii) in the case that UBS is required to pay the Settlement Amount to the Issuer and the Issuer has elected to require UBS to
satisfy the obligation by delivery of shares of Common Stock to the Issuer pursuant to Section 3(h), an amount, determined by the Calculation Agent, equal to the Settlement Amount to be paid by UBS pursuant to Section 3(b), divided by the
weighted average price per share actually paid by UBS to purchase such Stock Settlement Shares. 
 “Stock Settlement
Shares” shall mean such whole number of shares included in the Stock Settlement Amount. 
 “Termination Date”
has the meaning ascribed to it in Section 4(b). 
  

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 “Termination Event” shall mean the occurrence of a (i) Bankruptcy,
(ii) Cross Default, (iii) Failure to Pay or Deliver, (iv) Short Squeeze, (v) Dividend Event or (vi) if so designated by UBS, a tender offer of the type described below in Section 4(c). 
 “Termination Event Termination Date” has the meaning ascribed to it in Section 8 below. 
 “Trading Day” shall mean any day on which the Common Stock is traded on the Exchange or, if not then traded on the
Exchange, the principal securities exchange or quotation system on which such securities are then traded or, if not then traded on a securities exchange or quotation system, in the over-the-counter market, and on which no Market Disruption
Event occurs. 
 “Trading Disruption” means any suspension of or limitation imposed on trading by the Exchange or
Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the Exchange or Related Exchange or otherwise (i) relating to the Shares on the Exchange or (ii) in futures or options contracts
relating to the Shares on any Related Exchange. 
 “Tranche” shall have the meaning ascribed to it in
Section 2. 
 Section 2. Purchase and Sale. 
 Subject to the terms and conditions set forth herein, UBS agrees to sell to the Issuer, and the Issuer agrees to purchase from UBS,
2,965,492 shares (the “Number of Shares”) of Common Stock (the “Shares”) at a purchase price per Share equal to the Closing Price of the Common Stock on April 5, 2007 or on such other date and at such other time as
the parties may mutually agree (the “Execution Date”). At 4:00 P.M. on the third Trading Day after the Execution Date (the “Settlement Date”), UBS shall deliver or cause to be delivered the Shares through the facilities of The
Depository Trust Company to the Issuer against payment by the Issuer of the aggregate Purchase Price by wire transfer of immediately available funds. The parties understand and agree that the delivery of the Shares by or on behalf of UBS upon the
payment of the aggregate Purchase Price by the Issuer is irrevocable and that as of the Settlement Date the Issuer will be the sole beneficial owner of the Shares for all purposes. The Number of Shares shall be divided into six equal tranches (each,
a “Tranche”), which shall be designated, successively, Tranche One, Tranche Two, Tranche Three, Tranche Four, Tranche Five, Tranche Six, and Tranche Seven. 
 As compensation to UBS for its commitment and services hereunder, the Issuer on the Settlement Date will pay to UBS by wire transfer of immediately available funds (i) a commission equal to
$0.025 per share for the Shares to be delivered by UBS hereunder on the Settlement Date and (ii) $464,915.90 (collectively, the “Contract Fees”). The Contract Fees payable to UBS shall not be subject to refund. 
  

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 Section 3. Settlement. 
 (a) On the Settlement Date, the Calculation Agent shall establish a notional Principal Account in an amount equal to the Purchase Price.
The Calculation Agent shall adjust the Principal Account daily as follows. 
 The Principal Account shall be reduced on the third day
following the Last Averaging Date in respect of each Tranche in an amount equal to the product of (x) the quotient of (i) the Number of Shares divided by (ii) six, and (y) the Final VWAP-Minus Price with respect of such Tranche
(the “Final Tranche Amount”). The parties acknowledge that more than one Tranche may have the same Last Averaging Date. 
 On the
first Trading Day immediately following the Last Averaging Date in respect of each Tranche, the Calculation Agent will calculate the Settlement Amount in respect of such Trancheand notify (the “Settlement Amount Notification”) the Issuer
of the Settlement Amount for such Tranche and provide a schedule of its calculations thereof. The Calculation Agent shall respond promptly to all questions raised by the Issuer relating to such calculations. If the Issuer objects to the calculation
of such Settlement Amount, the Issuer shall promptly notify the Calculation Agent, and the Issuer and UBS agree to use their good faith best efforts to reach an agreement as to such Settlement Amount. In the further event that the Issuer and UBS are
not able to reach an agreement, the Issuer and UBS shall appoint a third party with sufficient expertise to determine the calculation of the Settlement Amount and such calculations shall be binding on both parties. The fees and expenses of such
expert shall be shared equally by the Issuer and UBS. 
 (b) On the third Trading Day immediately following the Calculation
Date in respect of each Tranche (each a “Payment Date”), if the Settlement Amount in respect of such Tranche is positive, UBS shall pay such Settlement Amount to the Issuer and, if such Settlement Amount is negative, the Issuer shall pay
the absolute value of such Settlement Amount to UBS. Except as provided in paragraphs (c) and (d) of this Section, all payments to be made under this Section 3 shall be made on the applicable Payment Date by wire transfer of
immediately available funds. 
 (c) If the Issuer is required to pay a Settlement Amount to UBS pursuant to paragraph
(b) of this Section, the Issuer may, at its option, satisfy the obligation by the delivery to UBS of a number of whole shares of Common Stock (and a payment of cash in lieu of fractional shares, if any) equal to the Stock Settlement Amount. In
order to exercise this option, the Issuer must (each, a “Condition on Net Share Settlement”) (i) notify UBS of its election to have any Settlement Amount payable in shares of Common Stock no later than three days prior to the first
possible Last Averaging Date in respect of such Tranche (the “Stock Election Notice”), (ii) enter into a registration rights agreement with UBS in form and substance acceptable to UBS (the “Registration Rights Agreement”)
not later than ten days following the date of the Stock Election Notice in respect of such Tranche, which agreement will contain, among other things, customary representations and warranties and indemnification and other rights, including rights to
customary opinions of counsel and accountant’s “comfort letters,” relating to the registration of the Stock Settlement Shares, the Make-whole Shares and 

  

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any additional shares of Common Stock as to which UBS is named as a selling securityholder in the Shelf Registration (the “Registered Shares”);
(iii) such Shelf Registration shall have been declared, or shall have become automatically,effective by the Securities and Exchange Commission (the “SEC”) not less than fifteen days following the date of the Stock Election Notice in
respect of such Tranche; and (iv) the Issuer shall use its reasonable best efforts to maintain the effectiveness of such Shelf Registration until all Registered Shares have been sold by UBS. Subject to paragraph 3(g) below, if any of the
conditions in the preceding sentence are not met, the provisions of this paragraph (c) shall be inoperative and the Issuer shall be obligated to pay any applicable Settlement Amount by wire transfer of immediately available funds. If the Issuer
complies with all of its obligations under this paragraph (c), then at 9:30 A.M. on the applicable Payment Date in respect of such Tranche, the Issuer shall deliver to UBS (x) a certificate or certificates representing the fully paid and
nonassessable Stock Settlement Shares, in such denominations and in such names as UBS may specify and (y) the cash payment, if any, in lieu of fractional shares by wire transfer of immediately available funds. The parties understand and agree
that the deliveries made pursuant to the preceding sentence shall be irrevocable and shall satisfy in full the Issuer's obligations under this Section 3. The Issuer covenants and agrees that it shall not elect net share settlement in respect of
any Settlement Amount owed hereunder unless it is able to make the representation contained in Section 6(a)(viii) below as of the effective date of any Stock Election Notice, and any Stock Election Notice shall be deemed to include such
representation. 
 If the Issuer delivers Stock Settlement Shares to UBS pursuant to this paragraph (c) and within ten Trading Days
after the applicable Payment Date, UBS resells all or any portion of the Stock Settlement Shares and the net proceeds received by UBS upon resale of such shares exceeds the Settlement Amount (or if less than all of the Stock Settlement Shares are
resold, the applicable pro rata portion of the Settlement Amount), UBS shall promptly refund in cash such difference to the Issuer; provided that UBS may, at its option, satisfy its obligation under this sentence by returning to the Issuer any
portion of the Stock Settlement Shares that would, if sold, have resulted in net proceeds in excess of the Settlement Amount. In the event that such net proceeds are less than the Settlement Amount (or if less than all of the Stock Settlement Shares
are resold, the applicable pro rata portion of the Settlement Amount), the Issuer shall pay in cash or additional shares of Common Stock (the “Make-whole Shares”) such difference (the “Make-whole Amount”) to UBS promptly after
receipt of notice thereof. In the event that Issuer elects to pay the Make-whole Amount in additional shares of Common Stock, the requirements set forth in this paragraph (c) with respect to payment of the Settlement Amount in Shares, including
Make-whole requirements, shall apply, such that UBS shall pay to the Issuer any such excess and the Issuer shall pay to UBS in cash or Make-Whole Shares any additional Make-Whole Amount. In calculating the net proceeds from the resale of any Stock
Settlement Shares there shall be deducted from such proceeds any amount equal to the customary underwriting discount or commission for underwritten offerings of common stock by companies comparable to the Issuer multiplied by the total number of
Shares sold for the account of UBS pursuant to a Shelf Registration. 
 (d) Notwithstanding any other provision in this
Agreement, if Issuer exercises its right pursuant to Section 3(c) above, Issuer shall not be obliged to deliver, in 

  

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connection with this Agreement, in excess of 30 million shares of Common Stock in the aggregate, as recalculated from time to time (the “Determined
Amount”). In the event that, but for this Section 3, Issuer would be obliged to deliver a number of shares of Common Stock equal to the Determined Amount plus the Excess Shares, Issuer agrees to, at its option, (x) satisfy its
remaining obligation by cash payment or; (y) (i) use its best efforts to increase its number of authorized shares, thereby increasing the Determined Amount, to the extent necessary so that, but for this Section 3, the number of
shares of Common Stock Issuer would be obliged to deliver does not exceed the (recalculated) Determined Amount and (ii) allocate such newly authorized shares of Common Stock in satisfaction of Issuer’s delivery obligations under this
Agreement in priority to any other use of such Common Stock. For the avoidance of doubt, the obligation of Issuer to so use its reasonable best efforts is an ongoing obligation. 
 (e) Issuer hereby represents and warrants that it will: 
 (i) calculate the Determined Amount based on the maximum amount able to be calculated in accordance with EITF 00-19 or any successor financial statement guidance; and 
 (ii) in respect of all equity derivative transactions in respect of which Issuer’s equity securities constitute (all or part of) the
instruments underlying such transactions (the “Derivative Trades”), use the same methodology to derive the Determined Amount (howsoever described) applicable to each Derivative Trade as is used to derive the Determined Amount for this
Agreement. 
 (f) UBS agrees that, in respect of any obligations Issuer has duly elected be satisfied pursuant to
Section 3(c) above, in the event of Issuer’s bankruptcy, UBS shall not have rights in bankruptcy that rank senior to the rights in bankruptcy of common shareholders of Issuer. 
 (g) If the Issuer has used its reasonable best efforts to satisfy the Conditions on Net Share Settlement but has been unable to because
the Shelf Registration is not declared effective by the SEC within the time set out in paragraph 3(c) (or, where UBS has previously agreed to extend such period based on a request by the Issuer pursuant to paragraph 3(g)(ii), within
such period as extended pursuant to paragraph 3(g)(ii)), then the Issuer may elect to: 
 (i) deliver the relevant
number of Shares to UBS in which case: 
 (A) the day on which the Issuer makes such an election to deliver such Shares is
the “Issuer Election Date”, and 
 (B) Issuer shall withdraw any Registration Statement filed with the SEC in
connection with the Shares, and 
  

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 (C) Issuer will enter into a private placement purchase agreement with UBS in form and
substance reasonably acceptable to UBS no later than the next Trading Day following the Issuer Election Date, and 
 (D)
Issuer shall deliver to UBS such Shares on the Settlement Date which, for the purposes of this paragraph 3(g)(i)(D), shall be the third Trading Day following the Issuer Election Date, and 
 (E) in addition to any Make-whole Amount payable by Issuer pursuant to paragraph 3(c) herein, Issuer shall deliver to UBS such
additional Shares until UBS has realized actual net proceeds upon resale of such Shares equal to the Settlement Amount. At its election, UBS may by a written notice to Issuer retain a number of Shares delivered by Issuer pursuant to this paragraph
3(g)(i). If UBS so elects, UBS shall be deemed to have sold each such retained Share for an amount equal to the price per Share obtained by UBS for the last Share sold by UBS prior to sending written notice of its intention to retain Shares to
Issuer. In no event will UBS be obligated to exercise its right to retain Shares; or 
 (ii) request UBS to extend the
period within which the Registration Statement is to be declared effective by the SEC for a further period specified in writing by UBS at the time of such extension. 
 (h) If UBS is required to pay a Settlement Amount to the Issuer pursuant to paragraph (b) of this Section, the Issuer may, at its option, elect that UBS satisfy the obligation by the
delivery to the Issuer of a number of whole shares of Common Stock (and a payment of cash in lieu of fractional shares, if any) equal to the Stock Settlement Amount. In order to exercise this option, the Issuer must notify UBS of its election to
have any Settlement Amount payable in shares of Common Stock no later than 15 days prior to the applicable Payment Date (the “Stock Election Notice”). If the condition in the preceding sentence is not met, the provisions of this paragraph
(h) shall be inoperative and UBS shall be obligated to pay any applicable Settlement Amount by wire transfer of immediately available funds. If the Issuer complies with all of its obligations under this paragraph (h), then at 9:30 A.M. on the
Payment Date, UBS shall deliver to the Issuer (i) a certificate or certificates representing the fully paid and nonassessable Stock Settlement Shares, and (ii) the cash payment, if any, in lieu of fractional shares by wire transfer of
immediately available funds. The parties understand and agree that the deliveries made pursuant to the preceding sentence shall be irrevocable and shall satisfy in full UBS' obligations under this Section 3. 
 Section 4. Anti-dilution Adjustments. 
 (a) Subdivisions and Combinations of Common Stock. In the event that the outstanding shares of the Common Stock shall be subdivided or split into a greater number of shares of Common Stock
where the effective date of such subdivision or the record date for such split occurs during the Execution Period, the number of shares of Common Stock referred to herein shall be deemed to be proportionately increased and the Final VWAP-Minus Price
and Discount shall be deemed to be proportionately decreased; conversely, in case outstanding shares of Common Stock shall each be combined into a smaller number of shares of Common Stock through a combination of shares of Common Stock or a reverse
stock split where the 

  

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effective date of such combination or the record date for such reverse stock split occurs during the Execution Period, the number of shares of Common Stock
referred to herein shall be deemed to be proportionately decreased and the Final VWAP-Minus Price and Discount shall be deemed to be proportionately increased. Any adjustment pursuant to this paragraph (a) shall become effective (i) in the
case of a subdivision or combination of the Common Stock, at the close of business on the record date for such subdivision or combination or (ii) in the case of a stock split or reverse stock split, at the split, at the close of business on the
record date for such stock split or reverse stock split. 
 (b) Merger Events. In respect of each Merger Event, UBS
and the Issuer or the person formed by such consolidation or resulting from such merger or which acquired such assets or which acquires the Issuer's Common Stock, as the case may be, shall negotiate in good faith to amend this Agreement to give
appropriate effect to such transaction. In the event that the parties are unable to reach an agreement ten (10) Trading Days prior to the effective date of such transaction (the “Termination Date”), (i) the Execution Period shall
terminate on the Termination Date, (ii) the Principal Account shall be reduced on such date by an amount equal to the product of (x) an amount equal to the cash and fair market value (as determined by the Issuer's Board of Directors whose
good faith determination shall be conclusive and binding) of the securities and/or property payable or distributable upon such transaction in respect of one share of Common Stock and (y) the number of Borrowed Shares as of such date, and
(iii) the Settlement Amount shall be further adjusted by the Calculation Agent by the amount that the Calculation Agent reasonably determines in good faith to be UBS’s total losses and costs in connection with the early termination of this
Agreement resulting from any loss of option value incurred as a result of changes in the volatility of the Shares and to recover all UBS Termination Costs. UBS Termination Cost means the amount equal to the total purchase price paid by UBS for the
Shares of Common Stock purchased by UBS to terminate or liquidate any long or short trading position in the Shares. 
 If payment is required
of Issuer in connection with a Merger Event, the Issuer shall have the right, in its sole discretion, to elect (the “Extraordinary Transaction Election”) to satisfy any such payment obligation by Net Share Settlement of this Transaction
PROVIDED THAT, in connection with a “Share-for-Combined” Merger Event or “Share-for-Other” Merger Event, the Extraordinary Transaction Election is available to satisfy only the percentage of such payment obligation equal to the
percentage of the non-cash consideration over the total Combined Consideration (in the case of a “Share-for-Combined” Merger Event) or total Other Consideration (in the case of a “Share-for-Other” Merger Event). The remaining
percentage of such payment obligation must be satisfied in cash. The Issuer shall make any election to settle the Transaction by way of Net Share Settlement within two Trading Days of the Announcement Date but in any event not less than twenty
Trading Days prior to the effective date of such merger. 
 (c) Tender Offers. In the event an offer is made to the
holders of Common Stock to tender shares of Common Stock for consideration consisting of cash in whole or in part, UBS may, in its discretion (i) accelerate the Last Averaging Date to a date selected by UBS in its sole discretion, or
(ii) adjust the Number of Shares, in either case as UBS 

  

 12 

 
deems appropriate to account for the economic effect on the Transaction of changes in the volatility of the Shares in connection with such Tender Offer or to
recover all UBS Termination Costs in connection with such Tender Offer, or (iii) treat the occurrence of such tender offer as a Termination Event and terminate the Transaction in accordance with Section 8 below. . UBS shall notify the
Issuer in writing as to the terms of any adjustment made pursuant to this Section 4(c) no later than 5 days after the tender offer is made. 
 (d) Other Events. In the event of any corporate event involving the Issuer or the Common Stock not specifically addressed in subsections (a), (b) or (c) of this Section 4 or in the event that the
Calculation Agent, in its good faith judgment, determines that the adjustments described in subsections (a), (b) or (c) of this Section 4 will not result in an equitable adjustment of the terms of the transaction described herein, and
provided that, in each case, such corporate event impacts the rights or obligations of a holder of Common Stock, the terms of the transaction described herein shall be subject to adjustment by the Calculation Agent (including, without limitation,
the First Averaging Date, the Last Averaging Date and the Number of Shares) as in the exercise of its good faith judgment it deems appropriate under the circumstances in order to result in an equitable adjustment to this transaction to reflect
changes in the volatility of the Shares in connection with such event or to recover all UBS Termination Costs in connection with such an event. In the event that the Issuer objects to the adjustments, the Issuer shall promptly so notify the
Calculation Agent and UBS, and the Issuer and UBS agree to use their good faith best efforts to reach an agreement as to the adjustment. In the further event that the Issuer and UBS are not able to reach an agreement, the Issuer and UBS shall
appoint a third party with sufficient expertise to determine the adjustment and such adjustment shall be binding on both parties. The fees and expenses of such expert shall be shared equally by the Issuer and UBS. 
 Section 5. Acknowledgement. 
 The Issuer acknowledges and agrees that it is not relying, and has not relied, upon UBS or Agent with respect to the legal, accounting, tax or other implications of this Agreement and that it has
conducted its own analysis of the legal, accounting, tax and other implications of this Agreement. The Issuer further acknowledges and agrees that neither UBS nor Agent have acted as its advisor in any capacity in connection with this Agreement or
the transactions contemplated by this Agreement. The Issuer acknowledges that neither UBS nor Agent is acting as the agent for the Issuer in effecting any purchase of Common Stock pursuant to this Agreement. The Issuer understands and acknowledges
that UBS and its affiliates may from time to time effect transactions, for their own account or the account of customers, and hold positions, in securities or options on securities of the Issuer and that UBS and its affiliates may continue to
conduct such transactions during the Execution Period. The Issuer understands and acknowledges that UBS and its affiliates intend to engage in hedging activity that could affect the market for such securities and/or the Common Stock that is the
subject of this transaction, and consequently the cost or proceeds to the Issuer hereunder. 
 Section 6.
Representations, Warranties and Agreements. 
  

 13 

 (a) The Issuer hereby represents and warrants to UBS that: 
 (i) it has (or, in the case of the Registration Rights Agreement, will have when and if executed) all power and authority to enter into
this Agreement and the Registration Rights Agreement and the transactions contemplated hereby and thereby; 
 (ii) this
Agreement has been duly authorized, validly executed and delivered by the Issuer and constitutes a valid and legally binding obligation of the Issuer enforceable in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles; 
 (iii) the Registration Rights Agreement, when and if executed and delivered pursuant to Section 3(c) hereof, shall have been duly authorized, validly executed and delivered by the Issuer and
shall constitute a valid and legally binding obligation of the Issuer enforceable in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general
applicability relating to or affecting creditors' rights and to general equity principles; 
 (iv) if Stock Settlement
Shares are delivered pursuant to Section 3(c) or Section 3(g), as the case may be, the Stock Settlement Shares, when delivered to UBS or to the Issuer, as the case may be, will have been duly authorized and will be duly and validly issued,
fully paid and nonassessable and free of preemptive and other rights; 
 (v) the transactions contemplated by this
Agreement, including the delivery of the Stock Settlement Shares pursuant to Section 3(c) or Section 3(g), as the case may be, are consistent with the authorization of the Repurchase Program; 
 (vi) the Issuer is not entering into this Agreement to facilitate a distribution of the Common Stock (or any security convertible into
or exchangeable for Common Stock) or in connection with a future issuance of securities; 
 (vii) the Issuer is not entering
into this Agreement to create actual or apparent trading activity in the Common Stock (or any security convertible into or exchangeable for Common Stock) or to raise or depress the price of the Common Stock (or any security convertible into or
exchangeable for Common Stock); 
 (viii) as of the date hereof (a) none of the Issuer and its executive officers and
directors is aware of any material nonpublic information regarding the Issuer or the Common Stock and (b) all reports and other documents filed by the Issuer with the Securities and Exchange Commission pursuant to the Securities Exchange Act of
1934, as amended, when considered as a whole (with the more recent such reports and documents deemed to amend inconsistent statements contained in any earlier such reports and documents), do not contain any untrue statement of a material fact or any
omission of a material fact required to be 

  

 14 

 
stated therein or necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading; 
 (ix) the repurchase of the Shares by the Issuer, the compliance by the Issuer with all of the provisions of this Agreement and the
consummation of the transactions herein contemplated will not conflict with or result in a breach (each, a “Breach”) of any of the terms or provisions of, or constitute a default (each a “Default”) under, any indenture, mortgage,
deed of trust, loan agreement or any other agreement or instrument to which the Issuer or any of its Material Subsidiaries is a party (collectively, “Contracts”) or by which the Issuer or any of its Material Subsidiaries is bound or to
which any of the property or assets of the Issuer or any of its Material Subsidiaries is subject (except such Breach or Default as would not reasonably be expected to materially adversely affect the ability of the Issuer to perform its obligations
under any Contract), nor will such action result in any violation of the provisions of the Certificate of Incorporation or By-laws of the Issuer, nor will such action result in any material violation by the Issuer of any applicable statute, order,
rule or regulation of any court or governmental agency or body having jurisdiction over the Issuer or any of its properties; and 
 (x) no consent, approval, authorization, order, registration or qualification of or with any court or governmental agency or body having jurisdiction over the Issuer or any of its properties is required for the repurchase of the Shares by
the Issuer, the compliance by the Issuer with all the terms of this Agreement, or the consummation by the Issuer of the transactions contemplated by this Agreement, other than the registration of the Stock Settlement Shares and any Make-whole Shares
under the Securities Act in accordance with the provisions of Section 3(c), which registration shall be completed not less than fifteen days following the Last Averaging Date in respect of the last Tranche, and such authorizations, orders,
registrations and qualifications as may be required under state or securities or blue sky laws in connection with the resale by UBS of the Registered Shares. 
 (b) UBS hereby represents and warrants to the Issuer: 
 (i) it has all
power and authority to enter into this Agreement and the Registration Rights Agreement and the transactions contemplated hereby and thereby; 
 (ii) this Agreement has been duly authorized, validly executed and delivered by UBS and constitutes a valid and legally binding obligation of UBS enforceable in accordance with its terms, subject, as to enforcement,
to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles; and 
 (iii) the Registration Rights Agreement, when and if executed and delivered pursuant to Section 3(c) hereof, shall have been duly
authorized, validly executed and delivered by UBS and shall constitute a valid and legally binding obligation of UBS enforceable in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, fraudulent transfer,
reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles. 
  

 15 

 (c) Issuer hereby covenants and agrees that it shall notify UBS in writing in accordance
with the provisions of Section 9 below of the declaration of any dividend or distribution constituting a Dividend Event not less than thirty Scheduled Trading Days prior to the record date in respect of any such dividend or distribution.

 Section 7. Indemnification. 
 (a) In the event that UBS becomes involved in any capacity in any action, proceeding or investigation brought by or against any person in connection with the transactions contemplated by this
Agreement, the Issuer periodically will reimburse UBS for its reasonable legal and other expenses (including the reasonable cost of any investigation and preparation) incurred in connection therewith; provided that such expenses will be promptly
refunded to the Issuer to the extent incurred in connection with a matter as to which UBS is not entitled to indemnification under this Section 7. The Issuer also will indemnify and hold UBS harmless against any losses, claims, damages or
liabilities to which UBS may become subject in connection with the transactions contemplated by this Agreement, except to the extent that any such loss, claim, damage or liability results from the gross negligence or bad faith of UBS in effecting
the transactions contemplated by this Agreement. If for any reason the foregoing indemnification is unavailable to UBS or insufficient to hold it harmless, then the Issuer shall contribute to the amount paid or payable by UBS as a result of such
loss, claim, damage or liability in such proportion as is appropriate to reflect not only the relative benefits received by the Issuer on the one hand and UBS on the other hand in the transactions contemplated by this Agreement as well as the
relative fault of the Issuer and UBS with respect to such loss, claim, damage or liability and any other relevant equitable considerations. The relative benefits to the Issuer, on the one hand, and UBS, on the other hand, shall be in the same
proportion as the aggregate Purchase Price bears to the commissions received by UBS pursuant to the last paragraph of Section 2. The reimbursement, indemnity and contribution obligations of the Issuer under this Section 7 shall be in
addition to any liability which the Issuer may otherwise have, shall extend upon the same terms and conditions to any affiliate of UBS and the partners, directors, officers, agents, employees and controlling persons (if any), as the case may be, of
UBS and any such affiliate and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of the Issuer, UBS, any such affiliate and any such person. The Issuer also agrees that UBS nor any of such
affiliates, partners, directors, officers, agents, employees or controlling persons shall have any liability to the Issuer for or, in connection with any matter referred to in this Agreement except to the extent that any losses, claims, damages,
liabilities or expenses incurred by the Issuer result from the gross negligence or bad faith of UBS in effecting the transactions that are the subject of this Agreement. The foregoing provisions shall survive any termination or completion of this
Agreement. 
 (b) Promptly after receipt by UBS or any of its affiliates, partners, directors, agents, employees or
controlling persons entitled to indemnification pursuant to this Section 7 (each, an “Indemnified Party”) of notice of the commencement of any action, such Indemnified Party will, if a claim in respect thereof may be made against the
Issuer under this Section 7, notify the Issuer in writing of the commencement thereof, but the omission so to 

  

 16 

 
notify the Issuer will not relieve it from any liability which it may have to any Indemnified Party under this Section 7 except to the extent that the
Issuer’s rights are materially prejudiced as a result of such delay. Upon receipt of such notice, the Issuer shall be entitled to participate at its own expense in the defense, or if it so elects, to assume the defense of such action, in which
event such defense shall be conducted by counsel chosen by the Issuer and reasonably satisfactory to the Indemnified Party or Indemnified Parties who shall be a defendant or defendants in any such action and such defendant or defendants shall bear
the fees and expenses of any additional counsel retained by them; but if the Issuer shall elect not to assume the defense of such action, the Issuer will reimburse such Indemnified Party or Indemnified Parties for the reasonable fees and expenses of
any counsel retained by them; provided however, if the defendants in any such action (including impleaded parties) include both the Indemnified Parties and the Issuer and counsel for the Issuer shall have reasonably concluded that
there may be a conflict of interest involved in the representation by a single counsel of both the Indemnifying Parties and the Issuer, the Indemnified Party or Indemnified Parties shall have the right to select separate counsel, satisfactory to the
Issuer (it being understood, however, that the Issuer shall not be liable for the expenses of more than one separate counsel representing Indemnified Parties who are parties to such action). 
 Section 8. Termination Event. 
 Upon the occurrence of a Termination Event and so long as such Termination Event shall be continuing, UBS may, in its discretion, by notice to the Issuer (the date of such notice and the notice referred to in the
succeeding clause being referred to herein as the “Notice Date”), direct that the Execution Period shall forthwith terminate on the date specified in such notice (the “Termination Event Termination Date”). In such an event,
(i) the Execution Period shall terminate on the Termination Event Termination Date, (ii) the Principal Account shall be reduced on such date by an amount equal to the total purchase price paid by UBS for the Shares of Common Stock that are
purchased by UBS during the period commencing on and including the Notice Date to and including the Termination Event Termination Date in order to cover the remaining number of Borrowed Shares, and (iii) the Settlement Amount shall be further
adjusted by the amount that the Calculation Agent reasonably determines in good faith to be UBS’ total losses and costs in connection with the early termination of this Agreement resulting from any loss of option value incurred as a result of
changes in the volatility of the Shares. In the event that the Issuer objects to any adjustments made pursuant to this Section 8, the Issuer shall promptly notify UBS, and the Issuer and UBS agree to use their good faith best efforts to reach
an agreement as to the adjustment. In the further event that the Issuer and UBS are not able to reach an agreement in respect of any such adjustment, the Issuer and UBS shall appoint a third party with sufficient expertise to determine the
adjustment and such adjustment shall be binding on both parties. The fees and expenses of such expert shall be shared equally by the Issuer and UBS. 
 Section 9. Miscellaneous. 
  

 17 

 (a) Severability. If any term, provision, covenant or restriction of this
Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and obligations set forth herein shall remain in full force and effect and shall in no way be affected,
impaired or invalidated. 
 (b) Assignment. Neither the rights under this Agreement nor the obligations created by
this Agreement shall be assignable or delegable, in whole or in part, by either party hereto without the prior written consent of the other (which consent shall not be unreasonably withheld), and any attempt to assign or delegate any rights or
obligations arising under this Agreement without such consent shall be void. 
 (c) Waivers, etc. No failure or delay
on the part of either party in exercising any power or right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or
power, preclude any other or further exercise thereof or the exercise of any other right or power. No amendment, modification or waiver of any provision of this Agreement nor consent to any departure by either party therefrom shall in any event be
effective unless the same shall be in writing and, in the case of a waiver or consent, shall be effective only in the specific instance and for the purpose for which given. 
 (d) Beneficiaries. This Agreement shall be binding upon, and inure solely to the benefit of, the Issuer, UBS and, to the extent provided in Section 7 hereof, the affiliates, partners,
directors, officers, agents, employees and controlling persons, if any, of UBS, and their respective successors, assigns, heirs and personal representatives, and no other person shall acquire any rights hereunder. 
 (e) Rights of Set-Off. In addition to any rights of set-off a party may have as a matter of law or otherwise, upon occurrence of
an Event of Default with respect to the Issuer, UBS shall have the right, without prior notice to the Issuer or any other person, to (i) set off any obligation of the Issuer owing to UBS or any affiliate of UBS against any obligations of UBS or
any affiliate of UBS owing to the Issuer, or (ii) for the purpose of cross-currency set-off, convert any obligation to another currency at the market rate determined by UBS, or (iii) if an obligation is unascertained, in good faith
estimate that obligation and set off in respect of the estimate, subject to the relevant party accounting to the other when the obligation is ascertained. Nothing in this Section 9(e) will have the effect of creating a charge or other security
interest. Notwithstanding anything to the contrary in the foregoing, UBS agrees not to set off or net amounts due from the Issuer with respect to this Transaction against amounts due from UBS to Issuer with respect to contracts or instruments that
are not Equity Contracts. ‘‘Equity Contract’’ means any transaction or instrument that does not convey rights to UBS senior to claims of common stockholders in the event of the Issuer’s bankruptcy. 
 (f) Changes of Law. If, due to any change in applicable law or regulations or the interpretation thereof by any court of law or
other body having jurisdiction subsequent to the date of this Agreement, performance of any provision of this Agreement or any transaction contemplated thereby shall become impracticable or impossible, the parties 

  

 18 

 
hereto shall use their best efforts to find and employ an alternative means to achieve the same or substantially the same result as contemplated by such
provision. 
 (g) Confidentiality. Subject to Section 5(a), to any contrary requirement of law and to the right
of each party to enforce its rights hereunder in any legal action, each party shall keep strictly confidential and shall cause its employees and agents to keep strictly confidential the terms of this Agreement and any information of or concerning
the other party which it or any of its agents or employees may acquire pursuant to, or in the course of performing its obligations under, any provision of this Agreement. In the event disclosure is permitted pursuant to the preceding sentence, the
disclosing party shall (i) provide prior notice of such disclosure to the other party, (ii) use its best efforts to minimize the extent of such disclosure and (iii) comply with all reasonable requests of the other party to minimize
the extent of such disclosure. This Section 9(g) shall not prevent either party from disclosing information as necessary to third-party advisors in connection with the transactions contemplated hereby provided that such advisors agree in
writing to be bound by this Section 9(g) as if a party hereto. UBS hereby consents to the issuance of a press release by the Issuer announcing its entry into this Agreement and the filing with the SEC of a copy of this Agreement. 
 (h) Agent. UBS Securities LLC shall act as “agent” for UBS and the Issuer within the meaning of Rule 15a-6 under the
Exchange Act. The Agent is not a principal to this Agreement and shall have no responsibility or liability to UBS or the Issuer in respect of this Agreement, including, without limitation, in respect of the failure of UBS or the Issuer to pay or
perform under this Agreement. Each of UBS and the Issuer agrees to proceed solely against the other to collect or recover any securities or money owing to it in connection with or as a result of this Agreement. The Agent shall otherwise have no
liability in respect of this Agreement, except for its gross negligence or willful misconduct in performing its duties as Agent hereunder. As a broker-dealer registered with the Securities and Exchange Commission, UBS Securities LLC, in its capacity
as agent, will be responsible for (i) effecting the transaction contemplated in this Agreement, (ii) issuing all required notices, confirmations and statements to Buyer and Seller and (iii) maintaining books and records relating to
this Agreement. 
 (i) Headings. Descriptive headings herein are for convenience only and shall not control or affect
the meaning or construction of any provision of this Agreement. 
 (j) Counterparts. This Agreement may be executed by
the parties hereto in counterparts, and each such executed counterpart shall be, and shall be deemed to be, an original instrument and all such counterparts, taken together, shall constitute one and the same instrument. 
 (k) Notices. All notices, consents, requests, instructions, approvals and other communications provided for herein shall be
validly given, made or served if in writing and delivered personally, by telegram, by telecopy or sent by overnight courier, postage prepaid, to: 
 UBS AG, London Branch at: 
  

 19 

 c/o UBS Securities LLC 
 299 Park Avenue, 29th Floor 
 New York, New York 10171 
 Attention: Paul Stowell 
 Fax Number:
212-821-4610 
 With a copy to such address to attention of: 
 Legal and External Affairs 
  

			
	  the Issuer at:	  	 One Nationwide Plaza, 1-13-G3

		  	 Columbus, OH 43215

		
	  Attention of:	  	 Roger W. Green

	  Fax Number:	  	 614-677-6688

		
	  With a copy to:	  	 Denise L. Skingle

		  	 Associate General Counsel

		  	 One Nationwide Plaza, 1-35-22

		  	 Columbus, OH 43215

		
	  Fax Number:	  	 614-249- 2418

 or to such other address as any party may, from time to time, designate in a written notice given
in a like manner. Notice given by telegram or telecopy shall be deemed delivered when evidence of the transmission is received by the sender and shall be confirmed in writing by overnight courier, postage prepaid. Notice given by overnight courier
as set out above shall be deemed delivered the business day after the date the same is mailed. 
 (l) Account Details. 
  

	
	 UBS:

	
	 Cash Payments for Stock Purchase

	 Citibank, New York

	 ABA# 021 000 089

	 A/C# 4065 2556

	 UBS Securities, LLC

	
	 Cash Payments for Settlement

	 UBS AG Stamford

	 f/o UBS AG London Branch

	 ABA# 026-007-993

	 AC# 101-WA-140007-000

	
	 Issuer:

  

 20 

			
	Bank:	    	 Bank of New York, New York City

	ABA #:	    	 021000018

	Account Name:	    	 Nationwide Financial Services Inc.

	Account #:	    	 8900323973

 (m) Governing Law. This Agreement shall be governed by and construed and
enforced in accordance with the laws of the state of New York without reference to conflict of law principles. Each party hereto irrevocably submits to the extent permitted under applicable law to the non-exclusive jurisdiction of the federal and
state courts located in the Borough of Manhattan, State of New York. Each party waives, to the fullest extent permitted by applicable law, any right it may have to a trial by jury in respect of any suit, action or proceeding relating to this
Agreement. 
  

 21 

 IN WITNESS WHEREOF, UBS and the Issuer have caused this Agreement to be duly authorized,
executed and delivered as of the date first written above. 
  

			
	UBS AG, LONDON BRANCH
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	UBS SECURITIES LLC
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	NATIONWIDE FINANCIAL SERVICES, INC.
		
	By:	 	  

	Name:	 	Timothy G. Frommeyer
	Title:	 	Senior Vice President and Chief Financial Officer

  

 22Exhibit 10.1

 Exhibit 10.1 
 AMENDED AND RESTATED REVOLVING LINE OF CREDIT LOAN AND SECURITY AGREEMENT 
 This Amended and Restated
Revolving Line of Credit Loan and Security Agreement is made as of April 30, 2007, by and among Integral Systems, Inc., a Maryland corporation (“Integral”), SAT Corporation, a California corporation (“SAT”), Newpoint
Technologies, Inc., a Delaware corporation (“NTI”), Real Time Logic, Inc., a Colorado corporation (“RTL”), and Lumistar, Inc., a Maryland corporation (“Lumistar”, and together with Integral, SAT, NTI and RTL,
collectively and individually, and jointly and severally, the “Borrower”), having an address at 5000 Philadelphia Way, Suite A, Lanham, Maryland 20706, and Bank of America, N.A. (the “Lender”). 
 RECITALS 
 1. Integral, SAT and Lender
entered into that certain Amended and Restated Revolving Line of Credit Loan Agreement and Security Agreement, dated as of August 31, 2001, as amended by that certain First Modification to Amended and Restated Revolving Line of Credit Loan
Agreement and Security Agreement, dated as of February 3, 2003, as further amended by that certain Second Amendment to Amended and Restated Revolving Line of Credit Loan Agreement and Security Agreement, dated as of February 25, 2004, as
further amended by that certain Third Amendment to Amended and Restated Revolving Line of Credit Loan Agreement and Security Agreement, dated as of January 19, 2005, as further amended by that certain letter from Lender to Integral dated
February 20, 2007, and as further amended by that certain Fifth Amendment to Amended and Restated Revolving Line of Credit Loan Agreement and Security Agreement, dated as of March 30, 2007 (as so amended, the “Existing Loan
Agreement”). 
 2. The parties desire to amend and restate the Existing Loan Agreement as set forth herein. 
 AGREEMENTS 
 ARTICLE 1.
DEFINITIONS. 
 1.1 Defined Terms. Certain capitalized terms not otherwise defined herein are used in this Agreement with the
following meanings, unless the context otherwise requires: 
 “Account” means collectively and includes any of the
following, whether now owned or hereafter acquired by Borrower: all present and future rights to payments for goods or other property sold, assigned, leased or otherwise disposed of, or for services rendered, whether or not earned by performance;
all present and future rights to payments arising out of the licensing of computer hardware or software and systems; all accounts, contract rights, chattel paper, instruments and documents; proceeds of any letter of credit of which Borrower is a
beneficiary; all forms of obligations whatsoever owed to Borrower, together with all instruments and documents of title representing any of the foregoing; all rights in any returned or repossessed goods; all rights, security and guaranties with
respect to any of the foregoing, including, without limitation, any right of 

 
stoppage in transit; together with all property included within the definitions of “accounts”, and “documents” as presently or hereafter
defined in the UCC (as such term is defined in Section 1.4 hereof). 
 “Advance” means an advance of funds under
the Revolving Loan. 
 “Affiliate” means, with respect to any specified Person, any other Person which, directly or
indirectly, through one or more intermediaries, controls or is controlled by, or is under common control with, such specified Person. The term “control” means the possession, directly or indirectly, of the power to direct or cause the
direction of management and policies of a Person, whether through ownership of common stock, by contract, or otherwise. 
 “Agreement” means this Amended and Restated Revolving Line of Credit Loan and Security Agreement, as the same may be amended, modified or supplemented from time to time. 
 “Assignment” means a direct assignment of Payments under a Government Contract pursuant to and in compliance with the Assignment of
Claims Act. Lender reserves the right to require a direct assignment of Payments under all Government Contracts pursuant to and in compliance with the Assignment of Claims Act. 
 “Assignment of Claims Act” means Title 31, United States Code § 3727, and Title 41, United States Code § 15, as revised or
amended, and any rules or regulations issued pursuant thereto, and also shall be deemed to include any other laws, rules or regulations governing the assignment of payments under Government Contracts or claims against the Government. 
 “Borrowing Date” means the date on which an Advance is made. 
 “Business Day(s)” means any day that is not a Saturday, Sunday or banking holiday in the Commonwealth of Virginia. 
 “Capital Lease” means any lease which has been or should be capitalized on the books of the lessee in accordance with GAAP. 

“Chattel Paper” means collectively and includes all of the following, whether now owned or hereafter acquired by Borrower: any
writing or writings, or record or records that evidence both a monetary obligation and any one or more of the following: a security interest in specific goods, a security interest in specific goods and software used in the goods, a security interest
in specific goods and license of software used in the goods, a lease of specific goods, or a lease of specific goods and license of software used in the goods, together with all other such items which are included within the definition of
“chattel paper” as presently or hereafter defined in the UCC. 
 “Closing Date” means the date hereof. 

 

 –2– 

 “Code” means the Internal Revenue Code of the United States, as amended. 
 “Collateral” means all of the following kinds of property now owned or hereafter acquired by Borrower: 
  

	 	a.	all Accounts; 

  

	 	b.	all payments or rights to payment due or to become due under any Government Contract to which Borrower is a party; 

  

	 	c.	all Deposit Accounts and other obligations or indebtedness owed to Borrower, from whatever source arising, by Lender or Lender’s affiliates; 

  

	 	d.	all rights to receive any payment in money or in kind; 

  

	 	e.	all Chattel Paper; 

  

	 	f.	all inventory; 

  

	 	g.	all equipment; 

  

	 	h.	all General Intangibles; 

  

	 	i.	all books and records (including all records contained on any magnetic device or other type of computer recording device), and computer software and systems;

  

	 	j.	all policies of insurance and the proceeds thereof; 

  

	 	k.	all additions and accessions to and replacements of the collateral described above; and 

  

	 	l.	all products and proceeds of all of the collateral described above. 

 “Customer” means any governmental entity (federal, state, county, municipal or otherwise) or business entity (corporation, association, partnership, limited liability company or partnership, sole
proprietorship or otherwise) or individual(s) to which Borrower provides goods or services for compensation; however, certain individual agencies of the United States Government and certain branches of certain major corporations, as determined by
the Lender in its sole discretion, shall be treated as Customers in their own right, separate and distinct from other such agencies or branches and from the United States Government or the corporation of which they are a part. 
  

 –3– 

 “Deposit Account” means collectively and includes all of the following, whether now
owned or hereafter acquired by Borrower: a demand, time, savings, passbook, or similar account maintained with a bank, together with all other such items which are included within the definition of “deposit account” as presently or
hereafter defined in the UCC. 
 “Debt” means (a) indebtedness or liability for borrowed money, or for the deferred
purchase price of property or services; (b) obligations as a lessee under a Capital Lease; (c) obligations to reimburse the issuer of letters of credit or acceptances; (d) all guaranties, endorsements (other than for collection or
deposit in the ordinary course of business), and other contingent obligations to purchase, to provide funds for payment, to supply funds to invest in any Person, or otherwise to assure a creditor against loss; and (e) obligations secured by any
lien or Encumbrance on property owned by Borrower. 
 “EBIT” means the earnings before interest and taxes of Integral and
its Subsidiaries determined on a consolidated basis. 
 “EBITDA” means the earnings before interest, taxes, depreciation and
amortization of Integral and its Subsidiaries determined on a consolidated basis. 
 “Encumbrance” means any mortgage,
pledge, deed of trust, assignment, security interest, hypothecation, lien or charge of any kind (including any conditional sale or other title retention agreement, any financing lease having substantially the same economic effect as any of the
foregoing, and the filing of, or agreement to give, any financing statement under the Uniform Commercial Code or comparable law of any jurisdiction). 
 “Environmental Laws” mean all laws relating to Hazardous Wastes, Toxic Substances or materials that might be emitted, released or discharged into the environment or other laws or regulations
protecting the environment. 
 “Ending Date” means February 28, 2010. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and any successor statute thereto, as interpreted by the
rules and regulations thereunder, all as the same may be in effect from time to time. References to sections of ERISA shall be construed also to refer to any successor sections. 
 “ERISA Affiliate” means an entity, whether or not incorporated, which is under common control with Borrower or any of its Subsidiaries
within the meaning of Section 4001(a)(14) of ERISA, or is a member of a group which includes Borrower or any of its Subsidiaries and which is treated as a single employer under Sections 414(b), (c), (m), or (o) of the Code. 
  

 –4– 

 “Event of Default” means any one of the events specified as an “Event of
Default” under this Agreement. 
 “Fixed Charge Coverage Ratio” means the sum of EBITDA and rent expense, less current
period capitalized software development costs; divided by the sum of: (i) the current maturities of long term debt in accordance with GAAP, (ii) interest, (iii) rent expense, (iv) cash taxes, and (v) dividends paid; in each
case determined on a consolidated basis in accordance with GAAP. 
 “Funded Debt” means the sum of all obligations and
indebtedness of Integral and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, to Lender and all interest bearing obligations of Integral and its Subsidiaries, determined on a consolidated basis in accordance with GAAP
(including subordinated debt, if any), plus any projected obligation arising from the acquisition of a target company based on the target company’s performance (the “Earn-out Obligation”). The Earn-out Obligation shall be determined
by the annualized quarterly performance of the target company based on projected liability, as solely determined by Lender. In addition, Integral is allowed to offset the Earn-out Obligation with cash and cash equivalent investments, in excess of
Three Million and No/100 Dollars ($3,000,000.00), which it holds during the applicable reporting period. Equity Earn-out Obligations are not included in this formula. 
 “GAAP” means Generally Accepted Accounting Principles. 
 “General
Intangibles” means collectively and includes all of the following, whether now owned or hereafter acquired by Borrower: choses in action, causes of action and all other intangible property of every kind and nature, including, without
limitation, all present and future rights to payments arising out of the licensing of computer hardware and software and systems, all payment intangibles, any software or computer program and any supporting information provided in connection with a
transaction relating to the program, corporate or other business records, inventions, designs, patents, patent applications, trademarks, trademark applications, trade names, trade secrets, goodwill, registrations, copyrights, licenses, franchises,
customer lists, tax refunds, tax refund claims, rights of claims against carriers and shippers, leases and rights to indemnification, together with all property which is included within the definition of “general intangibles” as presently
or hereafter defined in the UCC. 
 “Governance Documents” means the Articles or Certificate of Incorporation, Articles of
Organization, Bylaws, Operating Agreement or other documents or agreements affecting Borrower's corporate governance. 
 “Government” means the government for the United States of America or the departments or agencies of the United States, but does not include the government of any state or the District of Columbia or any departments or
agencies of any state or of the District of Columbia. 
 “Government Accounts” means all Accounts arising out of any
Government Contract. 
  

 –5– 

 “Government Contracts” means all contracts with the Government, including all renewals,
extensions, modifications, change orders and amendments thereof and thereto. 
 “Hazardous Wastes” mean all waste materials
subject to regulation under the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. §§ 9601 et seq., the Resource Conservation and Recovery Act, 42 U.S.C. §§ 6901 et seq., or applicable state law and
any other applicable federal, state or local laws and their regulations now in force or hereafter enacted relating to hazardous wastes. 
 “Intellectual Property” shall mean all patents, licenses, trade names, trademarks, copyrights, inventions, service marks, trademark registrations, service mark registrations and copyright registrations, whether domestic or
foreign and applications for any of the foregoing, and all proprietary technology, know-how, trade secrets or other intellectual property rights owned or used by Borrower or any of its Subsidiaries in the operation of their respective businesses.

 “Item” means any “item” as defined in Section 4-104 of the Uniform Commercial Code, to include, without
exclusion or limitation, checks, drafts, money orders or other media by which Payment may be made. 
 “Letter of Credit”
shall mean a letter of credit issued by the Lender for the account of Borrower under this Agreement. 
 “Loan” shall mean
the Revolving Loan. 
 “Loan Documents” mean this Agreement, the Revolving Note, and any other document executed by
Borrower, any Subsidiary of Borrower or any other Person evidencing, securing, guaranteeing or relating to the Revolving Loan. 
 “LOC Obligations” means, at any time, the sum of (i) the maximum amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all
requirements for drawings referred to in such Letters of Credit; plus (ii) the aggregate amount of all drawings under Letters of Credit honored by Lender but not reimbursed. 
 “Maximum Revolving Commitment Amount” means Ten Million and No/100 Dollars ($10,000,000.00), or such lesser amount that the Borrower may
request as hereinafter provided. 
 “Multiemployer Plan” means a Plan which is a multiemployer plan as defined in Sections
3(37) or 4001(a)(3) of ERISA. 
  

 –6– 

 “Multiple Employer Plan” means a Plan to which Borrower or any of its Subsidiaries or
any ERISA Affiliate and at least one employer other than Borrower or any of its Subsidiaries or any ERISA Affiliate are contributing sponsors. 
 “Operating Account” means a demand deposit account to be established by Integral with the Lender for Integral's use in connection with its business operations and with the Revolving Loan. 
 “Payment” or “Payments” means any check, draft, cash or any other remittance or credit in payment or on account of any
or all of the Accounts applied pursuant to the Loan Documents. 
 “PBGC” means the Pension Benefit Guaranty Corporation
established pursuant to Subtitle A of Title IV of ERISA and any successor thereto. 
 “Person” means any individual,
partnership, association, trust, corporation, limited liability company or partnership, or other entity. 
 “Plan” means any
employee benefit plan (as defined in Section 3(3) of ERISA) which is covered by ERISA and with respect to which Borrower or any of its Subsidiaries or any ERISA Affiliate is (or, if such plan were terminated at such time, would under
Section 4069 of ERISA be deemed to be) an “employer” within the meaning of Section 3(5) of ERISA. 
 “Reportable
Event” means a “reportable event” as defined in Section 4043 of ERISA with respect to which the notice requirements to the PBGC have not been waived. 
 “Revolving Loan” means the Revolving Loan facility made available by Lender to Borrower in the maximum principal amount of Ten Million
and No/100 Dollars ($10,000,000.00), evidenced by the Revolving Note. 
 “Revolving Note” means that certain Amended and
Restated Revolving Note, dated as of the date hereof, in the original principal amount of Ten Million and No/100 Dollars ($10,000,000.00), executed by the Borrower, jointly and severally, and payable to the order of the Lender, and evidencing
Borrower's obligation to repay the Revolving Loan, as such Amended and Restated Revolving Note may be amended from time to time. 
 “SEC” means the Securities and Exchange Commission. 
 “Single Employer Plan” means any Plan which
is covered by Title IV of ERISA, but which is not a Multiemployer Plan. 
 “Subsidiary” means any corporation or other
business entity of which at least fifty percent (50%) of the voting stock or other ownership interest is owned by Borrower directly or indirectly through one or more Subsidiaries. If Borrower has no Subsidiaries, the provisions of this
Agreement 

  

 –7– 

 
relating to the Subsidiaries of Borrower shall be disregarded, without affecting the applicability of such provisions to Borrower alone. 
 “Termination Event” means (i) with respect to any Plan, the occurrence of a Reportable Event or the substantial cessation of
operations (within the meaning of Section 4062(e) of ERISA); (ii) the withdrawal of Borrower or any of its Subsidiaries or any ERISA Affiliate from a Multiple Employer Plan during a plan year in which it was a substantial employer (as such
term is defined in Section 4001(a)(2) of ERISA), or the termination of a Multiple Employer Plan; (iii) the distribution of a notice of intent to terminate or the actual termination of a Plan pursuant to Section 4041(a)(2) or 4041A of
ERISA; (iv) the institution of proceedings to terminate or the actual termination of a Plan by the PBGC under Section 4042 of ERISA; (v) any event or condition which might constitute grounds under Section 4042 of ERISA for the
termination of, or the appointment of a trustee to administer, any Plan; or (vi) the complete or partial withdrawal of Borrower or any of its Subsidiaries or any ERISA Affiliate from a Multiemployer Plan. 
 “Toxic Substances” means any materials which have been shown to have significant adverse effects on human health or which are subject to
regulation under the Toxic Substances Control Act, 15 U.S.C. §§ 2601 et seq., applicable state law, or any other applicable federal, state or local laws now in force or hereafter enacted relating to toxic substances. “Toxic
Substances” includes, but is not limited to, asbestos, polychlorinated biphenyls (PCBs), petroleum products, and lead-based paints. 
 1.2 Accounting Terms. Accounting terms used in this Agreement but not defined herein shall have the meanings given to them under GAAP. 
 1.3 Use of Defined Terms. All terms defined in this Agreement shall have the same defined meanings when used in any certificate, report or other document made or delivered in connection with this Agreement,
unless otherwise set forth therein. 
 1.4 UCC Terms. Terms that incorporate definitions provided in the Uniform Commercial Code
(“UCC”) of a particular state have the meanings ascribed to them in the Uniform Commercial Code as adopted in that state. Terms not otherwise defined herein and not incorporating a definition under the Uniform Commercial Code of any
particular state, but which are defined in the Uniform Commercial Code as adopted by the Commonwealth of Virginia, shall have the meanings ascribed to them under the Uniform Commercial Code as adopted by the Commonwealth of Virginia. 
 ARTICLE 2. LOAN. 
 2.1 Revolving
Line of Credit. The Lender agrees to extend the Revolving Loan to Borrower, jointly and severally, subject to the terms and conditions of this Agreement. Until the Ending Date, Borrower may borrow, repay and reborrow Advances in accordance with
this Agreement. 
  

 –8– 

	 	a.	Amount of Credit. The maximum outstanding aggregate principal amount of all Advances under the Revolving Loan shall not at any time exceed the Maximum Revolving Commitment
Amount. 

  

	 	b	Procedure for Advances. Integral, on behalf of the Borrower, may request Advances by telephone through its designated employee or employees as hereinafter provided. Each
Advance request must be for more than Twenty-five Thousand and No/100 Dollars ($25,000.00) and received by Lender not later than 1:00 p.m. (Eastern Standard time) on the date the Advance is to be made and must specify the amount of the Advance.
Lender shall deposit the Advance into the Operating Account if Borrower is entitled to the Advance subject to the terms and conditions of this Agreement. 

  

	 	c.	Repayment of Revolving Loan. Borrower, jointly and severally, promise to repay the Revolving Loan, with interest, at the time and in the manner and in accordance with the
terms provided in the Revolving Note. Integral authorizes Lender to effect payment of sums due under the Revolving Note by means of debiting the Operating Account. This authorization shall not affect the obligation of Borrower to pay such sums when
due, without notice, if there are insufficient funds in the Operating Account to make such payment in full on the due date thereof, or if Lender fails to debit the Operating Account. 

  

	 	d.	Letter of Credit Subfacility. Lender shall issue Letters of Credit for the account of Borrower from time to time upon request from the Closing Date until the Ending Date,
subject to the following terms and conditions: 

 (1) the aggregate amount of LOC Obligations shall at no time exceed Ten
Million and 00/100 Dollars ($10,000,000.00); 
 (2) any request for a Letter of Credit to be issued must be delivered and received by Lender
not later than five (5) business days prior to the date that Borrower wishes to have the Letter of Credit issued; 
 (3) no Letter of
Credit shall have an original expiration date more than one year from the date of issuance or extending beyond the Ending Date. If Borrower so requests in any request for a Letter of Credit, the Lender may, in its sole and absolute discretion, agree
to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”); provided that any such Auto-Extension Letter of Credit must permit the Lender to prevent any such
extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than one Business 

  

 –9– 

 
Day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued;
provided, however, that the Lender shall not permit any such extension if the Lender has determined that it would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms
hereof. 
 (4) the form of each Letter of Credit must be satisfactory to the Lender, in its sole judgment. At Lender's option, Letters of
Credit shall be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the International Chamber of Commerce (Publication No. 500 or the most recent publication, the “UCP”);

 (5) issuance of the Letter of Credit shall not cause the sum of: (i) LOC Obligations; plus (ii) the principal amount outstanding
under the Revolving Note to exceed the Maximum Revolving Commitment Amount; 
 (6) Lender shall not be required to issue any Letter of Credit
if any circumstance exists that would entitle Lender not to honor a request for an Advance under the Revolving Loan; 
 (7) Lender shall
promptly notify Integral of any drawing under any Letter of Credit, and the Borrower shall immediately reimburse Lender for the amount of the drawing. The Borrower's obligation to reimburse the Lender for any drawing under a Letter of Credit shall
be absolute and unconditional, irrespective of any rights of set-off, counterclaim or defense to payment Borrower may claim or have against the Lender, the beneficiary of the Letter of Credit or any other Person; 
 (8) Unless the Borrower makes reimbursement from another source on the day of the drawing under any Letter of Credit, the Borrower shall be deemed to have
requested an Advance under the Revolving Loan in the amount of the drawing, and (i) Lender, at its option, may make such an Advance and apply the proceeds of the Advance to satisfy the Borrower's obligation to reimburse Lender for the amount
drawn on the Letter of Credit; and (ii) the Advance shall be repayable, with interest, in accordance with the terms and conditions of the Revolving Note; and 
 (9) no Event of Default has occurred and remains uncured, and no event has occurred or circumstance exists which, with the passage of time or the giving of notice or both, would constitute an Event of Default.

  

	 	e.	Use of Revolving Loan Proceeds. The proceeds of the Revolving Loan shall be used for working capital, for the issuance of letters of credit, to finance the performance of
contracts, including Government Contracts, and for general corporate purposes. 

  

 –10– 

	 	f.	Revolving Loan Fees. Borrower promises to pay Lender the following fees in consideration of entering into this Agreement. These fees are in addition to interest payable under
the Revolving Note: 

  

	 	(1)	an annual commitment fee of 15 basis points (0.15%), payable in equal quarterly installments over the term of the Revolving Loan based on the Maximum Revolving Commitment Amount,
with the first payment payable on the Closing Date. 

  

	 	(2)	an unused fee per annum of 20 basis points (.20%) based on the unused portion of the Maximum Revolving Commitment Amount and payable quarterly, in arrears, commencing on the first
day following the end of the first fiscal quarter of Integral after the date of this Agreement. The unused fee shall be determined by applying a per-diem rate of interest based on the interest rate set forth in the Note, calculated on the basis of a
360 day year, to the actual number of days that the portion of the Maximum Revolving Commitment Amount is unused. 

  

	 	(3)	a letter of credit fee in the amount of one percent (1%) of the maximum amount of any Letter of Credit payable upon the issuance of any Letter of Credit and upon any renewal
thereof. 

  

	 	(4)	The Lender reserves the right to perform field examinations at any time, in its sole discretion. Each field examination will be at the Borrower’s expense.

 ARTICLE 3. CONDITIONS PRECEDENT TO LOAN. 
 3.1 Conditions Precedent to Initial Advance. The obligation of the Lender to make any Advance under the Revolving Loan is subject to the
satisfaction (in the sole judgment of the Lender) of the following conditions on or before the Closing Date: 
 a. Representations and
Warranties; Compliance. All representations and warranties made by Borrower in or in connection with this Agreement or any of the other Loan Documents or otherwise made in writing in connection with this Agreement shall be true and correct on
the Closing Date, and Borrower shall have performed all of the promises or undertakings under this Agreement and satisfied all of the conditions of this Agreement that Borrower is required to perform or to satisfy as of the Closing Date. 

b. Documents Concerning the Borrower. If requested by Lender, Borrower shall deliver to the Lender copies of all documents requested by the
Lender, including a complete, correct and current copy of Borrower’s Governance Documents certified by the Secretary of State of Borrower’s 

  

 –11– 

 
state of organization; a complete, correct and current copy of its Bylaws or Operating Agreement, as the case may be, certified by Borrower’s corporate
secretary, managers or members, as the case may be; a complete, correct and current copy of all resolutions of Borrower’s Board of Directors or managers and members, as the case may be, authorizing the execution, delivery and performance by
Borrower of this Agreement and of the other Loan Documents, certified by Borrower’s corporate secretary, managers or members, as the case may be; and appropriate certificates of incumbency for those officers, managers or members, as the case
may be, of Borrower executing this Agreement or any of the other Loan Documents, certified by Borrower’s corporate secretary, managers or members, as the case may be. In addition, the following documents and materials shall have been delivered
to the Lender, and must be satisfactory to the Lender in form and substance: 
 (1) All supporting documentation with regard
to Borrower and the Revolving Loan as the Lender may require; 
 (2) Such additional information, instruments, opinions,
documents, certificates and reports relating to Borrower or the Collateral as the Lender may deem necessary; and 
 (3) Such
lien releases or termination statements as Lender may deem necessary to remove any Encumbrances on the Collateral. 
 c. Executed Note and
Other Loan Documents. Borrower shall deliver to the Lender, fully executed: this Agreement, the Revolving Note and such other documents, instruments and certificates as the Lender may reasonably require, in form and substance satisfactory to the
Lender. All taxes, fees and charges with respect to the preparation, filing and recording of the Loan Documents shall have been paid by Borrower. The Lender shall have received such landlord and mortgagee waivers as it shall request with respect to
any landlord or mortgagee which may claim or have an interest in any of the Collateral. 
 d. Financing Statements. All Financing
Statements deemed necessary by the Lender to perfect its security interest in the Collateral or any other collateral securing the Loan. 
 e.
Operating Account. Integral shall establish the Operating Account with the Lender. 
 3.2 Future Advances. The obligation of
the Lender to make any Advance under the Revolving Loan subsequent to the Closing Date is further conditional on: 
 a. the Lender’s
determination, in its sole and reasonable judgment, that the conditions precedent to the first Advance are satisfied as of the Borrowing Date for the subsequent Advance; 
  

 –12– 

 b. all representations and warranties contained herein shall be true and correct in all material respects
at the date of such disbursement; 
 c. the Lender’s determination, in its sole discretion, that no material adverse change has occurred
in the financial condition of Borrower from that disclosed in the most recent financial statements furnished to the Lender prior to the Closing Date; and 
 d. no Event of Default has occurred and remains uncured, and no event has occurred or circumstance exists which, with the passage of time or the giving of notice or both, would constitute an Event of Default.

 3.3 Lender’s Right To Rely On Communications. Borrower shall provide the Lender with written notice designating employees or
agents of Borrower who are authorized to communicate with Lender on Borrower's behalf regarding Advances and other matters pertaining to this Agreement. Until further notice, Borrower designates Elaine M. Brown, Patrick Carey and Albert Alderette,
or any one of them, as individuals authorized to communicate with the Lender. Borrower authorizes the Lender to accept, rely upon, act upon and comply with, any verbal or written instructions, requests, confirmations and orders of any employee or
agent so designated by Borrower. Borrower acknowledges that the transmission between Borrower and the Lender of any such instructions, requests, confirmations and orders involves the possibility of errors, omissions, mistakes and discrepancies and
agrees to adopt such internal measures and operational procedures as Borrower deems necessary to protect its interests. Borrower hereby assumes all risk of loss arising out of: (i) the Lender's acceptance, reliance on, compliance with or
observation of any such instructions, requests, confirmations or orders; and (ii) any such errors, omissions, mistakes and discrepancies, except those caused by the Lender’s gross negligence or willful misconduct. Borrower, jointly and
severally, agree to indemnify Lender and to hold Lender harmless for and from all claims, demands, suits, actions, judgments, decrees, losses or damages, including reasonable attorneys’ fees and expenses, that Lender may incur as a result of
the foregoing events or occurrences for which Borrower has assumed the risk of loss. The foregoing indemnification obligations shall survive the payment of the Revolving Loan and the termination of this Agreement but shall not extend to any suit,
proceeding or action arising out of the Lender’s gross negligence or willful misconduct. 
 ARTICLE 4. SECURITY. 
 4.1 Grant of Security Interest. As security for (i) the payment of the Loan, and any other extensions of credit, loans, letters of credit or
other financial accommodations now or hereafter made by the Lender for the benefit of Borrower, and (ii) for any other liability or obligation of Borrower to Lender whether now or hereafter existing, of every kind and description, whether or
not evidenced by notes or other instruments, and whether or not such liability or obligations are direct or indirect, fixed or contingent, liquidated or unliquidated, Borrower hereby assigns, grants and conveys to the Lender a lien on and security
interest in all right, title and interest of Borrower in and to the Collateral. In addition, except as prohibited by law, Borrower grants to Lender a security interest in 

  

 –13– 

 
all bank accounts of Borrower with Lender or any of Lender’s Affiliates. Borrower further agrees that the Lender shall have in respect of the Collateral
all of the rights and remedies of a secured party under the UCC, other applicable law, this Agreement and the other Loan Documents. 
 4.2
Certain Rights of the Lender. The Lender shall have the right, but not the obligation, (i) to pay any taxes or levies on the Collateral or any costs to repair or to preserve the Collateral; and (ii) to cure any defaults by Borrower
on contracts by Borrower intended to give rise to Accounts. Such payments and the costs of curing such defaults shall constitute Advances under the Revolving Note and shall be secured pursuant to this Agreement notwithstanding that such Advances may
cause the unpaid principal balance of the Loan to exceed the Maximum Revolving Commitment Amount. 
 4.3 Financing Statements. At the
request of the Lender, Borrower shall execute such documents as Lender may request in order to perfect or maintain the perfection of Lender's lien and security interest in the Collateral. Borrower hereby agrees, jointly and severally, to pay the
cost of filing the same and all financing statements authorized or required hereunder in all public offices wherever the Lender deems filing to be necessary or desirable. Borrower hereby authorizes Lender to prepare and file with the financing
records for such jurisdictions as Lender deems appropriate, such financing statements, amendments thereto and continuations thereof and other documents pursuant to the UCC and otherwise, and to take such other action and perform such other acts, as
are necessary, in the sole and absolute opinion of the Lender, to perfect and maintain the perfection and priority of and to continue the security interests granted hereunder. 
 4.4 Records of Collateral; Information. Borrower at all times will maintain accurate books and records covering the Collateral. Borrower
immediately will mark all books and records with an entry showing the absolute assignment of and granting of a security interest in all Collateral to Lender, and hereby grants the Lender the right to audit the books and records of Borrower relating
to Collateral at any time and from time to time. Borrower shall (i) promptly furnish the Lender with any information with respect to Collateral requested by Lender; (ii) allow the Lender or its representatives to inspect the Collateral, at
any time and wherever located, and to inspect and copy, or furnish the Lender or its representatives with copies of all records relating to the Collateral; (iii) furnish the Lender or its representatives such information as the Lender may
request to identify the Collateral, at the time and in the form requested by Lender; and (iv) deliver upon request to Lender shipping and delivery receipts evidencing the shipment of goods and invoices evidencing the receipt of the Collateral
and payment for the Collateral. 
 4.5 No Release. No injury to the Collateral, loss or destruction of the Collateral, failure to
perfect or to continue the perfection of Lender’s security interest in the Collateral, or release of Lender’s security interest in the Collateral, or any part of it, shall relieve Borrower of any obligation under this Agreement or under
any of the other Loan Documents. Borrower expressly waives all defenses based on suretyship or impairment of collateral, and shall not be released or discharged of any obligation under the Loan Documents, in whole or in part, by Lender’s
failure to protect or preserve the Collateral. No Person, in deciding to enter into this Loan Agreement, has relied on the 

  

 –14– 

 
execution of this Loan Agreement or the granting of a security interest in Collateral by any other Person. Borrower waives notice of any change in financial
condition of any Person liable for the Loans or any part thereof, and agrees that maturity of the Loans or any part thereof may be accelerated, extended or renewed one or more times by Lender in its discretion, without notice to the Person and
without affecting Lender’s security interest in the Collateral. Lender shall not be required to bring any action against any other Person or to resort to any other security or to any balance of any deposit account as a condition of enforcing
its rights against any of the Collateral. 
 4.8 Indemnification. In any suit, proceeding or action brought by or against the Lender
relating to the Collateral, the Borrower hereby agrees, jointly and severally, to save, indemnify and keep the Lender harmless from and against all reasonable expense, loss or damage suffered by reason of any defense, set-off, counterclaim,
recoupment or reduction of liability whatsoever of any obligor thereunder, arising out of a breach by Borrower of any obligation thereunder or arising out of any other agreement, indebtedness or liability at any time owing to or in favor of such
obligor or its successors from Borrower, and all such obligations of Borrower shall be and remain enforceable against and only against Borrower and shall not be enforceable against the Lender. The foregoing obligation of the Borrower to indemnify
the Lender shall survive the payment of the Revolving Loan and the termination of this Agreement but shall not extend to any suit, proceeding or action arising out of the Lender’s gross negligence or willful misconduct. 
 ARTICLE 5. BORROWER’S REPRESENTATIONS AND WARRANTIES. 
 To induce the Lender to enter into this Agreement and to extend the Revolving Loan to Borrower, Borrower, jointly and severally, makes the following representations and warranties to the Lender. These representations
and warranties are continuing, and each request for an Advance shall be deemed to be an affirmation of these representations and warranties are true in all material respects as of the date of the submitted request for an Advance. 
 5.1 Corporate Authority; Subsidiaries. Borrower and its Subsidiaries (i) is a corporation or limited liability company duly organized,
validly existing, and in good standing under the laws of its State of organization, (ii) is qualified to do business as a foreign corporation and is in good standing in all jurisdictions where its activities or ownership of property require
such qualification, and (iii) has the full and unrestricted power and authority, corporate and otherwise, to own, operate and lease its properties, to carry on its business as currently conducted, to execute and deliver and perform the Loan
Documents, to incur the obligations provided for herein and therein, and to perform the transactions contemplated hereby and thereby (including without limitation, the creation of the lien and security interest in favor of the Lender in the
Collateral, the Assignments and any other Collateral required by this Agreement), all of which have been duly and validly authorized by all proper and necessary action (all of which actions are in full force and effect). Borrower has no Subsidiaries
other than those previously disclosed in writing to the Lender. Borrower maintains its chief executive office at the following location: 
  

 –15– 

 Integral Systems, Inc. 
 5000 Philadelphia Way 
 Suite A 
 Lanham, Maryland 20706 
 SAT Corporation 
 931 Benecia Avenue 
 Sunnyvale, California 94085 
 Newpoint Technologies, Inc. 
 8B Industrial Way 
 Salem, New Hampshire 03079 
 Real Time Logic, Inc. 
 12515 Academy Ridge View 
 Colorado Springs, Colorado 80921 
 Lumistar, Inc. 
 2701 Loker Avenue West #230 
 Carlsbad, California 92010-6614 
 5.2 Approvals. Borrower and its Subsidiaries has provided Lender with a true and accurate certificate of the resolutions adopted by its governing
body authorizing the loan transactions contemplated by this Agreement. No further approval, consent or other action by the stockholders or other equity holders of Borrower or any of its Subsidiaries, by any governmental authority or by any other
Person is or will be necessary to permit the valid execution, delivery or performance by Borrower or any of its Subsidiaries of this Agreement or any of the other Loan Documents. 
 5.3 Binding Effect, No Violations. Each of the Loan Documents, upon its execution and delivery, will constitute a legal, valid and binding
obligation of Borrower and its Subsidiaries, enforceable against Borrower and its Subsidiaries in accordance with its terms. The execution, delivery and performance of the Loan Documents will not (i) violate, conflict with or constitute a
default (with due notice, lapse of time or both) under any law, regulation, order or any other requirement of any court, tribunal, arbitrator or governmental authority, any terms of the Governance Documents of Borrower or any of its Subsidiaries, or
any contract, agreement or other arrangement binding upon or affecting Borrower or any of its Subsidiaries or any of their respective properties, or (ii) result in the creation, imposition or acceleration of any indebtedness or any Encumbrance
of any nature upon, or with respect to, Borrower or any of its Subsidiaries or any of their respective properties, except such Encumbrances in favor of Lender. 
 5.4 Litigation. Except as previously disclosed to the Lender in writing or in filings made by Borrower with the SEC, there is no claim, litigation, proceeding or investigation pending, 

  

 –16– 

 
threatened or reasonably anticipated against or affecting Borrower or any of its Subsidiaries, their respective properties or business, this Agreement, any
of the other Loan Documents, or any of the transactions contemplated hereby or thereby, before or by any court, tribunal, arbitrator or governmental authority, and there is no possibility of any judgment, liability or award which reasonably may be
expected to result in any material adverse change in the business, operations, prospects, properties or assets or condition, financial or otherwise, of Borrower or any of its Subsidiaries. Neither Borrower nor any of its Subsidiaries is in default
with respect to any judgment, order, writ, injunction, decree, rule, award or regulation of any court, governmental instrumentality or agency, commission, board, bureau, arbitrator or arbitration panel. 
 5.5 Title to and Condition of Assets. Except as previously disclosed to the Lender by Borrower or any of its Subsidiaries in writing, Borrower and
its Subsidiaries has good, valid and marketable title to all of its properties and assets (whether real or personal), and there exist no Encumbrances on any of the properties or assets of Borrower or any of its Subsidiaries, including without
limitation, the Collateral. All personal property of Borrower or any of its Subsidiaries which is necessary for Borrower’s or its Subsidiary’s operations is in good operating condition and repair, normal wear and tear excepted, and is
suitable and adequate for the uses for which it is being used. Upon the execution and delivery of this Agreement, and upon the filing of financing statements or the Lender’s taking possession of the Collateral, as the case may be, the Lender
will have a good, valid and perfected first priority lien and security interest in the Collateral, subject to no Encumbrance in favor of any other Person. 
 5.6 Loan Application. The statements made and the documents delivered by Borrower or any of its Subsidiaries to the Lender in connection with its application for the Revolving Loan and in connection with this
Agreement and the other Loan Documents are true, correct and complete, in all material respects, omit no material facts, are not misleading, and present fairly the condition (financial or otherwise) of Borrower and its Subsidiaries. 
 5.7 No Change. No change in the business, operations, properties or condition (financial or otherwise) of Borrower or any of its Subsidiaries, or
any other event, has occurred since the date of the most recent financial statements submitted to the Lender by Borrower, which change might adversely affect the ability of Borrower or any of its Subsidiaries to perform or comply with all terms,
conditions and agreements to be performed or complied with by Borrower or Subsidiary under this Agreement or under any of the other Loan Documents, or to perform the transactions contemplated by this Agreement or the other Loan Documents.

 5.8 Taxes. Borrower and its Subsidiaries has timely filed all tax returns and reports required by any governmental authority to be
filed by Borrower and its Subsidiaries, and such returns and reports are true and correct. Borrower and its Subsidiaries has paid all taxes, assessments and other government charges imposed upon it or its income, profits or properties, or upon any
part thereof, other than those presently payable without penalty or interest and Borrower and its Subsidiaries has timely filed all claims for refunds to which Borrower and its Subsidiaries is entitled. The amounts reserved as a liability for income
and other taxes payable in the most recent financial 

  

 –17– 

 
statements of Borrower and its Subsidiaries provided to the Lender are sufficient for the payment of all unpaid federal, state, county and local income,
excise, property and other taxes, whether or not disputed, of Borrower and its Subsidiaries accrued for or applicable to the period and on the dates of such financial statements and all years and periods prior thereto, and for which Borrower or any
of its Subsidiaries may be liable in its own right or as a transferee of the assets of, or as successor to, any other Person. 
 5.9 No
Event of Default. As of the date this representation and warranty is made (or remade), no Event of Default, and no event which with notice, lapse of time or other condition would constitute an Event of Default, has occurred and is continuing.

 5.10 Compliance with Laws, Governance Documents and Agreements. Borrower and its Subsidiaries has complied and is in full
compliance in all material respects with all applicable laws, ordinances, rules, regulations, orders and other requirements of any governmental authority or arbitrator, and with all terms and conditions of its Governance Documents, and with each
agreement binding upon or affecting Borrower, its Subsidiaries or any of their respective properties. Neither Borrower nor any of its Subsidiaries is in default with respect to any Debt. Borrower and its Subsidiaries will take all necessary actions
to remain in full compliance with such laws, ordinances, rules, regulations, orders and any other requirements, its Governance Documents and all other agreements. Should Borrower or any of its Subsidiaries be deemed by any governmental authority or
deem itself to be in violation of any relevant law, ordinance, rule, regulation, orders or other requirement, its Governance Document or any agreement, Borrower and/or such Subsidiary, as the case may be, shall notify the Lender promptly of such
violation and take all necessary remedial actions. Without limiting the generality of the foregoing, Borrower represents to Lender that: (1) Borrower has previously disclosed to Lender all activities of Borrower and its Subsidiaries that
involve the use, manufacturing, storage, disposal, emission, discharge, generation or transportation of Hazardous Wastes, Toxic Substances or other materials regulated by Environmental Laws; (2) Borrower and its Subsidiaries have complied and
are in full compliance with all Environmental Laws; (3) Borrower and its Subsidiaries maintain in full force and effect all permits required by Environmental Laws; and (4) there exists no pending or threatened litigation, order, ruling,
notice or investigation regarding the use, manufacturing, storage, disposal, emission, discharge generation or transportation of Hazardous Wastes or Toxic Substances by Borrower or any of its Subsidiaries or regarding any violation or alleged
violation of any Environmental Laws. 
 5.11 Licenses and Contracts. All franchises, licenses, trademarks, trade names, copyrights,
patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate the business of Borrower and its Subsidiaries, as currently operated, and to own or lease their respective property have been
obtained, are in effect, have been complied with in all material respects by Borrower and its Subsidiaries, are free from challenge, and to the best of Borrower's knowledge are fully assignable to the Lender for the purpose of securing the Revolving
Loan (to the extent included in the Collateral). Borrower has no knowledge, and neither Borrower nor any of its Subsidiaries has received any notice to the effect that any product manufactured or for sale by 

  

 –18– 

 
Borrower or Subsidiary, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any
product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

 5.12 Intellectual Property. Borrower and each of its Subsidiaries owns all right, title and interest in and to all Intellectual
Property used in and material to the operation of its business or, for such Intellectual Property that is not owned, possesses adequate licenses or other legally enforceable rights to use the same. Neither Borrower nor any of its Subsidiaries has
reason to believe that any valid basis exists upon which a claim adversely affecting any such Intellectual Property may be asserted against Borrower or its Subsidiaries. To the best knowledge of the Borrower, no Person is infringing upon the
Intellectual Property used by Borrower or any of its Subsidiaries material to the operation of their respective businesses. Borrower and each of its Subsidiaries has taken appropriate steps to protect the secrecy, confidentiality and value of their
respective rights in and to such Intellectual Property and to prevent others from using such Intellectual Property without consent. 
 5.13
Disclosure. No representation or warranty of Borrower or any of its Subsidiaries contained in this Agreement or any of the Loan Documents and no written statement of fact furnished or to be furnished by Borrower or any of its Subsidiaries to
the Lender pursuant to this Agreement or any of the Loan Documents, when viewed together, contains or will contain any untrue statement of a fact material to the financial condition of Borrower and its Subsidiaries, or omits or will omit to state
any material fact necessary in order to make the statements contained herein or therein, or furnished herewith or therewith, not misleading. 
 5.14 Trade Name; Merger. During the five years immediately preceding the date of this Agreement, neither Borrower nor any of its Subsidiaries nor any of their respective predecessors has used any corporate or fictitious name other
than its current corporate name. Neither Borrower nor any of its Subsidiaries utilizes any trade names in the conduct of their respective business, except as disclosed in writing to the Lender, and has not changed its name, or been the surviving
entity in a merger or acquired any business. 
 5.15 Payment of Employees and Subcontractors. Neither Borrower nor any of its
Subsidiaries is in default with regard to the payment of any employee or subcontractor. 
 5.16 ERISA. Borrower and its Subsidiaries
is in compliance with its obligations under ERISA. Without limiting the generality of the foregoing: 
 a. During the five-year period prior
to the date on which this representation is made or deemed made; (i) no Termination Event has occurred, and, to the best of Borrower’s knowledge, no event or condition has occurred or exists as a result of which any Termination Event could
reasonably be expected to occur, with respect to any Plan; (ii) no “accumulated funding deficiency,” as such term is defined in Section 302 of ERISA and Section 412 of the Code, whether or not 

  

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waived, has occurred with respect to any Plan; (iii) each Plan has been maintained, operated and funded in compliance with its own terms and in material
compliance with the provisions of ERISA, the Code, and any other applicable federal or state laws; and (iv) no lien in favor of the PBGC or a Plan has arisen or is reasonably likely to arise on account of any Plan. 
 b. The actuarial present value of all “benefit liabilities” under each Single Employer Plan (determined within the meaning of
Section 401(a)(2) of the Code, utilizing the actuarial assumptions used to fund such Plans), whether or not vested, did not, as of the last annual valuation date prior to the date on which this representation is made or deemed made, exceed the
current value of the assets of such Plan allocable to such accrued liabilities. 
 c. Neither Borrower nor any of its Subsidiaries nor any
ERISA Affiliate has incurred, or, to the best of Borrower’s knowledge, are reasonably expected to incur any withdrawal liability under ERISA to any Multiemployer Plan or Multiple Employer Plan. Neither Borrower, any of its Subsidiaries nor any
ERISA Affiliate has received any notification that any Multiemployer Plan is in reorganization (within the meaning of Section 4241 of ERISA), is insolvent (within the meaning of Section 4245 of ERISA), or has been terminated (within the
meaning of Title IV of ERISA), and no Multiemployer Plan is, to the best knowledge of Borrower, reasonably expected to be in reorganization, insolvent or terminated. 
 d. No prohibited transaction (within the meaning of Section 406 of ERISA or Section 4975 of the Code) or breach of fiduciary responsibility has occurred with respect to a Plan which has subjected or may
subject Borrower or any of its Subsidiaries or any ERISA Affiliate to any liability under Sections 406, 409, 502(i), or 502(l) of ERISA or Section 4975 of the Code, or under any agreement or other instrument pursuant to which Borrower or any of
its Subsidiaries or any ERISA Affiliate has agreed or is required to indemnify any Person against any such liability. 
 5.17 Supporting
Documentation is Correct. All documents, financial statements and other matters delivered to the Lender pursuant to this Agreement are and will be true and correct in all material respects. 
 5.18 Regarding the Representations and Warranties. The representations and warranties made in this Agreement and all of the other Loan Documents
(i) do not and will not contain, at the time furnished, any untrue statement of a material fact; and (ii) do not and will not omit to state any material fact necessary in order to make the statements contained therein not misleading.

 5.19 Representations and Warranties Deemed Redated and Remade. The representations and warranties made in this Agreement and all of
the other Loan Documents are made as of the date of this Agreement and shall be deemed remade and redated as of the date of each Advance. 
 5.20 Government Contracts. To the best of Borrower’s knowledge, neither Borrower nor any of its Subsidiaries is currently in default as to the terms of any Government Contract, and no 

  

 –20– 

 
Government Contract has been canceled or terminated by the Government in the past ten years other than terminations for convenience. No Government Contract
for which Payments have been assigned to the Lender as Collateral is dependent on appropriations, except as previously disclosed to the Lender in writing. 
 5.21 No Debarment. Neither Borrower nor any of its Subsidiaries is subject to any pending or threatened debarment proceedings. 
 ARTICLE 6. BORROWER’S AFFIRMATIVE COVENANTS. 
 Until all obligations of the Borrower under this
Agreement and the other Loan Documents are paid in full and performed and Lender has no obligation to make any further Advances, Borrower covenants and agrees, jointly and severally, that: 
 6.1 Payment of Loan. The Borrower shall punctually make the payments on the Loan at the times and places and in the manner specified in the
Revolving Note. 
 6.2 Corporate Existence. Borrower shall, and shall cause each of its Subsidiaries to, preserve, maintain and keep
in full force and effect their respective corporate existence and good standing in the jurisdiction of its organization. 
 6.3 Corporate
Rights and Franchises; Qualification; Orderly Conduct of Business. Borrower shall, and shall cause each of its Subsidiaries to (a) preserve, maintain and keep in full force and effect all of their respective franchises, licenses, permits,
certificates, consents, approvals, authorizations, agreements and contracts material to the operation of their respective business, as currently conducted, whether now existing or hereafter granted to or obtained by Borrower or any of its
Subsidiaries; (b) qualify and remain qualified as a foreign corporation in each jurisdiction in which such qualification is necessary or desirable in view of their respective activities and ownership of their respective property; and
(c) continue to engage in a business of the same general type as now conducted by it; and conduct such business in an orderly, efficient and regular manner consistent with the conduct of its business prior to the date of this Agreement.

 6.4 Taxes, Charges and Obligations. Borrower shall, and shall cause each of its Subsidiaries to, pay and discharge all taxes,
assessments and governmental charges or levies imposed upon it or upon its income, profits, properties or any part thereof, prior to the date on which penalties attach thereto, as well as all claims which, if unpaid, might become an Encumbrance upon
any of its properties, and pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all of its indebtedness and other obligations of whatever nature; however, neither Borrower nor any of its
Subsidiaries shall be required to pay any such tax, assessment, charge, levy, claim, indebtedness or obligation so long as (i) the validity thereof is being contested by Borrower or such Subsidiary in good faith and by proper proceedings,
(ii) Borrower or such Subsidiary, as the case may be, sets aside on its books adequate reserves therefor, and (iii) in the 

  

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case where any such tax, assessment, charge, claim or levy might become an Encumbrance upon any item of the Collateral or any part thereof, Borrower or such
Subsidiary, as the case may be, makes arrangements acceptable to the Lender to secure the payment thereof. 
 6.5 Maintenance of
Property. Borrower shall, and shall cause each of its Subsidiaries to, preserve and keep all property necessary for its business, including without limitation, the Collateral, in good repair, working order and condition, normal wear and tear
excepted, and from time to time make all necessary or desirable repairs, renewals and replacements thereof. 
 6.6 Insurance. Borrower
shall, and shall cause each of its Subsidiaries to, maintain and keep in full force and effect, with financially sound and reputable insurance companies reasonably acceptable to the Lender, insurance in such amounts and covering such risks as is
usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which Borrower or such Subsidiary operates (but in any event, casualty insurance covering its tangible personal property and real
estate for their full replacement value and comprehensive public liability insurance coverage with limits reasonably acceptable to Lender, for a policy period of no more than one (1) year), all such insurance policies to be in form and
substance reasonably satisfactory to the Lender. If requested by the Lender, Borrower shall, and shall cause each of its Subsidiaries to, also procure, maintain and keep in full force and effect business interruption insurance in an amount, in form
and issued by companies reasonably acceptable to the Lender in all respects. All liability insurance policies shall name the Lender as an additional insured, and all casualty insurance or business interruption insurance policies shall name Lender as
the loss payee. All insurance policies shall prohibit cancellation (including cancellation for nonpayment of premium) or reduction of coverage except with thirty (30) days’ prior written notice to and consent of the Lender. At least thirty
(30) days prior to the expiration date of each and every insurance policy required by this Agreement, Borrower shall, or shall cause its applicable Subsidiary to, obtain and deliver to the Lender a renewal or substitution policy in form and
substance satisfactory to the Lender. 
 6.7 Contract Obligations. In the event that Borrower or any Subsidiary commits any material
default in any material contract to which it is a party, Borrower shall notify the Lender promptly in writing. Borrower shall provide the Lender promptly with copies of any cure notices or stop work notices it or any of its Subsidiaries may receive
from the Government on any Government Contract and detail the proposed corrective action. 
 6.8 Compliance with Laws. Borrower shall,
and shall cause each of its Subsidiaries to, comply with all applicable laws, regulations, orders and other requirements of any court, tribunal, arbitrator or governmental authority, non-compliance with which could have a material adverse effect on
the business, operations, property or condition (financial or otherwise) of Borrower and its Subsidiaries. Without limiting the generality of the foregoing, Borrower shall, and shall cause each of its Subsidiaries to: (1) comply strictly and in
all respects with all Environmental Laws affecting Borrower or such Subsidiary or their respective property; (2) promptly forward to the Lender copies 

  

 –22– 

 
of all orders, notices, permits, applications or other communications and reports finding or alleging that Borrower or such Subsidiary or any of their
respective property does not comply with any of the Environmental Laws; (3) promptly provide a proposed response action, or plan with respect to any failure to comply with Environmental Laws; and (4) defend the Lender, indemnify the
Lender, and hold the Lender harmless from and against any claims, demands, suits, actions, judgments, decrees, losses or damages, including reasonable attorneys’ fees, arising out of the failure of Borrower or any of its Subsidiaries or of any
of their respective properties to comply with any of the Environmental Laws. The foregoing indemnification obligations shall survive the payment of the Revolving Loan and the termination of this Agreement but shall not extend to any suit, proceeding
or action arising out of the Lender's negligence or willful misconduct. 
 6.9 Books and Records. Borrower shall, and shall cause each
of its Subsidiaries to, keep and maintain at its chief executive offices adequate and proper records and books of account, in which complete entries are made in accordance with GAAP, consistently applied, and in accordance with all laws,
regulations, orders and other requirements of any court, tribunal, arbitrator or governmental authority, reflecting all financial and other transactions of Borrower and its Subsidiaries normally and customarily included in records and books of
account of companies engaged in the same or similar businesses and activities as Borrower and its Subsidiaries. 
 6.10 Access to
Borrower’s Properties, Books and Records. Borrower shall, and shall cause each of its Subsidiaries to, permit the Lender and any agents or representatives thereof to visit and inspect Borrower’s and its Subsidiaries' respective
properties, to examine and make abstracts from any of Borrower’s and its Subsidiaries' respective books and records at any and all reasonable times and as often as the Lender or such agents or representatives may reasonably desire, and to
discuss the business, operations, properties and condition (financial and otherwise) of Borrower and its Subsidiaries with any of the officers, directors, agents or representatives (including without limitation, the independent certified public
accountants) of Borrower and its Subsidiaries. In addition to having the right to perform field audits of the Borrower’s and its Subsidiaries’ respective books and records, Lender shall have the right, but not the obligation, to contact
the contracting officer under any Government Contract directly to determine Borrower’s and its Subsidiaries’ respective contract performance status on a Government Contract. 
 6.11 Financial and Other Statements. Borrower shall furnish to the Lender: 
 a. Annual Financial Statements and Report. As soon as available, but in no event more than one hundred twenty (120) days after the close of
Integral’s fiscal year, audited financial statements for that year, stating the financial condition of Integral and its Subsidiaries on a consolidated basis. The financial statements shall be prepared by an independent certified public
accountant acceptable to Lender, in accordance with GAAP consistently applied. The financial statements must be acceptable to Lender in form and substance, and shall contain such detail as Lender may require. The financial statements shall include a
consolidated balance sheet as of the end of such fiscal year, a profit and loss statement, a cash flow statement and copies of Form 10-K or 

  

 –23– 

 
any other SEC filings. Integral shall also furnish to Lender within one hundred twenty (120) days after the close of each of Integral’s fiscal
years, an internally generated consolidating balance sheet and income statement consistent with Integral’s audited financial statements. 
 b. Management Letters. Promptly upon receipt thereof, copies of any reports submitted to Borrower or any of its Subsidiaries by independent certified public accountants in connection with examination of the financial statements of
Borrower or any of its Subsidiaries made by such accountants; 
 c. Semi-Annual Financial Statements. As soon as available after the
close of each of Integral’s second and fourth fiscal quarters, copies of Integral’s consolidated financial statements as filed with the SEC for the period then ending. Such financial statements shall be provided no later than sixty
(60) days after the close of each second quarter and ninety (90) days after the close of each fourth quarter. Such financial statements shall be prepared in accordance with GAAP consistently applied and shall include a consolidated balance
sheet, including all of Integral's Subsidiaries, and a profit and loss statement as of the end of such fiscal quarter, a cash flow statement and copies of Form 10-Q or any other SEC filings. 
 d. Accounts Receivable Reports. Whenever Advances are outstanding under the Revolving Loan, Borrower shall deliver to the Lender, as soon as
available, but not later than twenty (20) days after the end of each quarter, an accounts receivable aging schedule showing accounts receivable in intervals of not more than thirty (30) days and containing such other information and
supporting documents as the Lender may from time to time reasonably prescribe. 
 e. Government Contract Audits. Upon reasonable
request by Lender, Borrower shall deliver all written results of any and all audits by the Defense Contract Audit Agency, or any other government agency, conducted before the award of a contract, before the final payment on a contract, or at any
other time, to Lender within ten (10) days of a request by Lender. 
 f. Additional Reports and Information. With reasonable
promptness, such additional information, reports or statements as the Lender may from time to time request. 
 6.12 Collateral.
Maintain all tangible Collateral in good condition; insure insurable Collateral for its full replacement cost under an insurance policy acceptable to Lender that names Lender as loss payee; execute, deliver and file, or cause the execution, delivery
and filing of, any and all documents (including without limitation, financing statements and continuation statements), necessary or desirable for the Lender to create, perfect, preserve, validate or otherwise protect a first priority lien and
security interest in the Collateral; maintain, or cause to be maintained, at all times, the Lender’s first priority lien and security interest in the Collateral; immediately upon learning thereof, report to the Lender any reclamation, return or
repossession of any goods forming a part of the Collateral, any claim or dispute asserted by any debtor or other obligor owing an obligation to Borrower, and any other matters affecting the value or enforceability or collectibility of any of the

  

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Collateral; defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein adverse to the Lender,
and pay all costs and expenses (including reasonable attorneys’ fees and expenses) incurred in connection with such defense; at Borrower’s sole cost and expense (including reasonable attorneys’ fees and expenses), settle any and all
claims, demands and disputes, and indemnify and protect the Lender against any liability, loss or expenses arising from any such claims, demands or disputes or out of any such reclamation, return or repossession of goods forming a part of the
Collateral; however, if the Lender shall so elect, the Lender shall have the right at all times to settle, compromise, adjust or litigate all claims and disputes directly with the Customer or other obligor owing an obligation to Borrower upon such
terms and conditions as the Lender deems advisable, and all costs and expenses thereof (including reasonable attorneys’ fees and expenses) shall be incurred for the account of the Borrower and shall constitute a part of the obligations owed to
the Lender and secured pursuant to this Agreement. The foregoing indemnification obligations shall survive the payment of the Revolving Loan and the termination of this Agreement but shall not extend to any suit, proceeding or action arising out of
the Lender's gross negligence or willful misconduct. 
 6.13 Financial Covenants. Maintain: 
  

	 	a.	Funded Debt to EBITDA. A maximum ratio of Funded Debt to EBITDA, less current period capitalized software development costs, of 3.0 to 1.0. 

  

	 	b.	Fixed Charge Coverage Ratio. A minimum Fixed Charge Coverage Ratio of 1.25 to 1.0. 

 Compliance with the financial covenants above will be measured on a semi-annual basis at the end of the second and fourth fiscal quarter of Integral on a rolling four fiscal quarter basis. 
 6.14 Notice of Litigation, Default and Loss. Give immediate notice to the Lender upon the occurrence of any Event of Default or event which with
notice or lapse of time or otherwise could be reasonably expected to constitute an Event of Default, and of any loss or damage to any of the Collateral. Borrower also shall give immediate notice to the Lender of any action, suit or proceeding at law
or in equity or by or before any governmental instrumentality or agency (domestic or foreign), commission, board, bureau, arbitrator or arbitration panel which, if adversely determined, could materially impair or affect the right of Borrower or any
of its Subsidiaries to carry on its business substantially as now conducted or could materially affect its respective business, operations, prospects, properties, assets (including the Collateral) or condition, financial or otherwise. Immediately
upon becoming aware that the holder of any Debt or Encumbrance has given notice or taken any action with respect to a claimed breach, default or event of default, a written notice shall be given by Borrower to Lender specifying the notice given or
action taken by such holder and the nature of the claimed breach, default or event of default, and the action being taken or proposed to be taken with respect thereto. 
  

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 6.15 Proxy Statements, Etc. Promptly after the sending or filing thereof, provide copies of all
proxy statements, financial statements and reports which Borrower or any of its Subsidiaries sends to its stockholders, and provide copies of all regular, periodic and special reports, and all registration statements which Borrower or any of its
Subsidiaries files with the SEC or any governmental authority which may be substituted therefor, or with any national securities exchange. 
 6.16 ERISA. Give prompt notice to Lender of any of the following: (i) of any event or condition, including, but not limited to, any Reportable Event, that constitutes, or might reasonably lead to, a Termination Event;
(ii) with respect to any Multiemployer Plan, the receipt of notice as prescribed in ERISA or otherwise of any withdrawal liability assessed against Borrower, any of its Subsidiaries or any of its ERISA Affiliates, or of a determination that any
Multiemployer Plan is in reorganization or insolvent (both within the meaning of Title IV of ERISA); (iii) the failure to make full payment on or before the due date (including extensions) thereof of all amounts which Borrower or any of its
Subsidiaries or ERISA Affiliate is required to contribute to each Plan pursuant to its terms and as required to meet the minimum funding standard set forth in ERISA and the Code with respect thereto; or (iv) any change in the funding status of
any Plan that could have a material adverse effect on the financial condition of Borrower or any of its Subsidiaries; together, with a description of any such event or condition or a copy of any such notice and a statement by the principal financial
officer of Borrower or its Subsidiary briefly setting forth the details regarding such event, condition, or notice, and the action, if any, which has been or is being taken or is proposed to be taken by Borrower or its Subsidiary with respect
thereto. Promptly upon request, Borrower shall furnish to Lender such additional information concerning any Plan as may be reasonably requested, including, but not limited to, copies of each annual report/return (Form 5500 series), as well as all
schedules and attachments thereto required to file with the Department of Labor or the Internal Revenue Service pursuant to ERISA and the Code, respectively, for each “plan year” (within the meaning of Section 3(39) of ERISA). Such
notice shall be given in any event within five (5) Business Days after the occurrence of any event that Borrower is required to report to Lender under this clause. 
 6.17 Place of Business; Location of Records. Maintain its chief executive office, and the office where its records are kept, at the address of the Borrower previously set forth herein. Borrower shall provide
Lender with fourteen (14) days' advance written notice of any change in the location of its chief executive offices or the office where Borrower's records are kept. 
 6.18 Payments to Borrower. If Borrower has assigned Payments under any Government Contract to the Lender, remit to the Lender promptly any Payments erroneously sent directly to Borrower by the Government, and
until so remitted, hold those Payments in trust for the Lender. 
 6.19 Dissolution of TT2. Within ninety (90) days after the
date hereof, Borrower shall cause RT Logic Tract TT2, a Colorado limited liability company and a wholly owned Subsidiary of RTL, to be dissolved and shall deliver to Lender evidence of such dissolution, such evidence to be satisfactory to Lender in
its sole and absolute discretion. 
  

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 ARTICLE 7. BORROWER’S NEGATIVE COVENANTS. 
 Until all obligations of Borrower under this Agreement and the other Loan Documents are paid in full and performed and Lender has no obligation to make
any further Advances, Borrower, jointly and severally, covenants and agrees that Borrower shall not, and shall not permit any of its Subsidiaries to, unless the Lender otherwise consents in advance in writing, such consent not to be unreasonably
withheld or unduly delayed: 
 7.1 Indebtedness and Contingent Obligations. Contract for any additional Debt; or agree to assume,
guarantee, indorse or otherwise in any way be or become responsible or liable, directly or indirectly, for any contingent obligation, which in the aggregate exceeds Five Million and No/100 Dollars ($5,000,000.00), of any other Person. Borrower agree
to inform Lender immediately of any actual or potential contingent liabilities which in the aggregate exceed Five Million and No/100 Dollars ($5,000,000.00). 
 7.2 Encumbrances. Create, incur, assume or suffer to exist any Encumbrance upon any of its properties or assets (including without limitation, the Collateral), whether now owned or hereafter acquired.

 7.3 Fundamental Changes. Amend its Governance Documents by any amendment which would adversely affect Borrower’s ability to
perform or comply with any of the terms, conditions or agreements to be performed or complied with by Borrower hereunder or to perform any of the transactions contemplated hereby; change its name, ownership or management; convert its organizational
form into another entity form or establish any new entity to perform the business or similar business of Borrower; reorganize, consolidate or merge with any other corporation; or expend more than Ten Million and No/100 ($10,000,000.00) to purchase,
lease or otherwise acquire all or substantially all of the assets of any other entity, including shares of stock of other corporations, except as otherwise noted herein and except that Borrower may own notes and other receivables acquired in the
ordinary course of business. 
 7.4 Transfer of Assets. Sell, lease, assign, pledge or otherwise dispose of any of its properties,
stock or assets, whether now owned or hereafter acquired (including, without limitation, the Collateral) having a value greater than Five Million and No/100 Dollars ($5,000,000.00), to any other person or entity. 
 7.5 Loans. Make any loan or advance which, in combination with any other outstanding loan or advance, would exceed Five Million and No/100 Dollars
($5,000,000.00), except reasonable advances for business expenses of Borrower’s employees that would be reimbursable under Borrower’s existing expense reimbursement policy shall not be considered for purposes of determining the amount of
outstanding loans or advances. 
  

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 7.6 Repurchase of Securities. Purchase, redeem or otherwise acquire more than Five Million and
No/100 Dollars ($5,000,000.00) of the capital stock of Borrower or any of its Subsidiaries or purchase, acquire, redeem, retire or make any payment of more than Five Million and No/100 Dollars ($5,000,000.00) on account of the principal of any
indebtedness of Borrower or any of its Subsidiaries, except at the stated maturity of such indebtedness, and except payments of indebtedness incurred under this Agreement. 
 7.7 Use of Proceeds. Use, or allow the use of, the proceeds of the Revolving Loan for any purpose which would cause this Agreement to violate any
Regulations of the Board of Governors of the Federal Reserve System; or for any purpose other than the purposes or purposes specified hereinabove. 
 7.8 Other Agreements. Enter into any agreement or undertaking containing any provision which would be violated or breached by Borrower’s performance of its obligations under the Loan Documents. 
 7.9 Transactions with Affiliate. Except as specifically permitted by the terms of this Agreement, enter into any transaction, including without
limitation, the purchase, sale or exchange of property or the rendering of any service, with any Affiliate, except in the ordinary course of and pursuant to the reasonable requirements of Borrower’s business and upon fair and reasonable terms
no less favorable to Borrower than would be applicable in a comparable arm’s-length transaction with a Person not an Affiliate. 
 ARTICLE 8. COLLECTION, DEPOSIT AND ASSIGNMENT OF PAYMENTS. 
 8.1 Rights and Responsibilities in Collection of
Accounts. The Lender shall not, under any circumstances, be liable for any error or omission or delay of any kind occurring in the settlement, collection or payment of any Accounts or any instrument received in payment thereof or for any damage
resulting therefrom. The Lender is authorized to accept the return of the goods represented by any of the Accounts, without notice to or consent by Borrower, or without discharging or in any manner affecting the Revolving Loan. Upon receipt of any
returned or rejected goods, the Borrower shall immediately issue and deliver a credit memo to the Lender with respect thereto or, at the Lender’s election, Borrower may set aside such goods, mark them in the Lender’s name and hold them in
trust for the benefit of the Lender at Borrower’s expense and, upon the Lender’s request, shall pay the Lender the sales price thereof. If the Lender shall request Borrower to pay the sales price of such goods and Borrower fails to pay
forthwith the sales price to the Lender, the Lender may take possession of such goods and sell or cause such goods to be sold at public or private sale, at such prices, to such purchasers, and upon such terms as the Lender deems advisable. Borrower
shall remain liable to the Lender for any deficiency and shall pay the costs and expenses of such sale, including reasonable attorneys’ fees. Borrower shall use its best efforts and shall take any and all steps necessary to collect any Accounts
which are not directly assigned to the Lender, including without limitation, the filing and pursuit of legal action in furtherance of said collection efforts. 

  

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Borrower acknowledges that any failure to comply with the requirements of this Section 8.2 shall cause irreparable harm to the Lender for which
the Lender has no adequate remedy at law, and agrees that the Lender shall be entitled to injunctive or other equitable relief to compel Borrower’s compliance with the provisions of this Section. 
 ARTICLE 9. EVENTS OF DEFAULT AND REMEDIES. 
 9.1 Events of Default. The occurrence of any one or more of the following events shall constitute an Event of Default hereunder. References to Borrower refer to either entity comprising the Borrower and any Event of Default occurring
as to any entity comprising the Borrower shall constitute an Event of Default as to any other entity comprising the Borrower. 
 a. Borrower
shall fail to pay, when due, any sum payable under the Revolving Note; or 
 b. Borrower shall fail to observe or perform any other term,
covenant or agreement contained in this Agreement (except any such failure resulting in the occurrence of a separate Event of Default described in this Section for which no notice of default or cure period applies) or in any other Loan Document to
be observed or performed on its part; or 
 c. Borrower shall fail to observe or perform the financial covenants contained in
Section 6.13 hereof; or 
 d. any representation or warranty made by or on behalf of Borrower or any of its Subsidiaries herein or in
any of the other Loan Documents which, in the Lender’s judgment, shall prove to have been materially incorrect or misleading or breached in any respect on or as of any date as of which made; or 
 e. a decree or order for relief of Borrower or any of its Subsidiaries shall be entered by a court of competent jurisdiction in any involuntary case
involving Borrower or any of its Subsidiaries under any bankruptcy, insolvency or similar law now or hereafter in effect, or a receiver, liquidator or other similar agent for Borrower or any of its Subsidiaries or for any substantial part of their
respective assets or property shall be appointed, or the winding up or liquidation of Borrower’s or any of its Subsidiary’s affairs shall be ordered, or any action by any creditor (other than the Lender) of Borrower or any of its
Subsidiaries preparatory to or for the purpose of commencing any such involuntary case, appointment, winding up or liquidation shall be taken, and such proceeding shall not have been dismissed within thirty (30) days after the date it
commenced; or 
 f. Borrower or any of its Subsidiaries shall commence a voluntary case under any bankruptcy, insolvency or similar law now
or hereafter in effect, or Borrower or any of its Subsidiaries shall consent to the entry of an order for relief in an involuntary case under any such law or to the appointment of or taking possession by a receiver, liquidator or other similar agent
for Borrower or any of its Subsidiaries or for any substantial part of Borrower’s or any of its Subsidiary's 

  

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assets or property, or Borrower or any of its Subsidiaries shall make any general assignment for the benefit of creditors, or Borrower or any of its
Subsidiaries shall take any action preparatory to or otherwise in furtherance of any of the foregoing, or Borrower or any of its Subsidiaries shall fail generally to pay its debts as such debts come due; or 
 g. any default by Borrower occurs under the terms of any of the other Loan Documents or under any obligation to Lender arising other than under the Loan
Documents or any breach in Borrower’s performance obligations occurs under any of the other Loan Documents; or 
 h. any investigative
proceeding, audit or other action shall be initiated by or on behalf of any Customer, which is based upon a claim or contest with respect to any Government Contract or Government Account that, if adversely determined to Borrower, would have a
material adverse effect on Borrower’s financial condition, as determined by the Lender in its reasonable discretion; or 
 i. any
Government Contract is terminated for default, provided that said Government Contract is material to the financial performance of Borrower, said determination of materiality to be in Lender’s sole discretion; or 
 j. any loss, theft, damage or destruction of any material portion of the Collateral for which there is either no insurance coverage or for which, in the
opinion of the Lender, there is insufficient insurance coverage; or 
 k. any of the following events or conditions shall occur: (1) any
“accumulated funding deficiency,” as such term is defined in Section 302 of ERISA and Section 412 of the Code, whether or not waived, shall exist with respect to any Plan, or any lien shall arise on the assets of the Borrower or
any of its Subsidiaries or any ERISA Affiliate in favor of the PBGC or a Plan; (2) a Termination Event shall occur with respect to a Single Employer Plan, which, in the Lender’s opinion, is likely to result in the termination of such Plan
for purposes of Title IV of ERISA; (3) a Termination Event shall occur with respect to a Multiemployer Plan or Multiple Employer Plan, which in the Lender’s opinion, is likely to result in (i) the termination of such Plan for purposes
of Title IV of ERISA, or (ii) the Borrower or any of its Subsidiaries or any ERISA Affiliate incurring any liability in connection with a withdrawal from, reorganization of (within the meaning of Section 4241 of ERISA), or insolvency of
(within the meaning of Section 4245 of ERISA) such Plan; or (4) any prohibited transaction (within the meaning of Section 406 of ERISA or Section 4975 of the Code) or breach of fiduciary responsibility shall occur which may
subject the Borrower or any of its Subsidiaries or any ERISA Affiliate to any liability under Section 406, 409, 502(i), or 502(l) of ERISA or Section 4975 of the Code, or under any agreement or other instrument pursuant to which the
Borrower or any of its Subsidiaries or any ERISA Affiliate has agreed or is required to indemnify any person against any such liability. 
 9.2 Rights and Remedies of the Lender. Upon the occurrence of any Event of Default, the Lender may, at its option, exercise any one or more of the following rights and remedies: 
  

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	 	a.	declare this Agreement and the Lender’s obligation to make or extend any Advances on the Revolving Loan to be terminated, and declare the entire unpaid principal amounts of the
Revolving Loan, all interest accrued and unpaid thereon, and all other amounts payable under this Agreement and the other Loan Documents to be accelerated, and to be immediately due and payable (except that upon the occurrence of an Event of Default
arising out of voluntary or involuntary bankruptcy proceedings in which Borrower or any of its Subsidiaries is the debtor, such acceleration shall occur automatically and immediately without any declaration or other action on the part of the Lender)
whereupon the Revolving Loan, all such accrued interest, and all such amounts shall become and be immediately due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the
Borrower, anything contained herein or in any of the other Loan Documents to the contrary notwithstanding; 

  

	 	b.	Take possession or control of, store, lease, operate, manage, sell or otherwise dispose of all or any part of the Collateral in accordance with the remedies provided to secured
parties under the Uniform Commercial Code, this Agreement, the Loan Documents or other applicable law. In taking possession of the Collateral, the Lender may enter Borrower’s premises and otherwise proceed without legal process, and Borrower
shall, on the Lender’s demand, promptly assemble and make the Collateral available to the Lender at a place designated by the Lender. The Lender shall be entitled to immediate possession of all books and records evidencing or pertaining to any
of the Collateral; 

  

	 	c.	 Notify any or all Customers to make any Payments due to Borrower from such Customers directly to the Lender. To facilitate direct collection, Borrower hereby
appoints the Lender and any officer or employee of the Lender, as the Lender may from time to time designate, as attorney-in-fact for Borrower to (i) receive, open and dispose of all mail addressed to Borrower and take therefrom any Payments on
or proceeds of Accounts; (ii) take over Borrower’s post office boxes or make such other arrangements, in which Borrower shall cooperate, to receive Borrower’s mail, including notifying the post office authorities to change the address
for delivery of mail addressed to Borrower to such address as the Lender shall designate; (iii) endorse the name of Borrower in favor of the Lender upon any and all checks, drafts, money orders, notes, acceptances or other evidences of payment
or Collateral that may come into the Lender’s possession; (iv) sign and endorse the name of Borrower on any invoice or bill of lading relating to any of the Accounts, on verifications of Accounts sent to any Customer, to drafts against any
Customer, to assignments of Accounts, and to notices to any Customer; and (v) do all acts and things necessary to carry out this Agreement and the transactions contemplated hereby, including signing the name of Borrower on any instruments
required by law in connection with the 

  

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transactions contemplated hereby and on financing statements as permitted under the Uniform Commercial Code of any appropriate state. Borrower hereby
ratifies and approves all acts of such attorneys-in-fact, and neither the Lender nor any other such attorney-in-fact shall be liable for any acts of commission or omission, or for any error of judgment or mistake of fact or law of any such
attorney-in-fact unless such acts are due to gross negligence or wilful misconduct. This power, being coupled with an interest and given to secure an obligation, is irrevocable so long as the Revolving Loan remains unsatisfied, or any Loan Document
remains effective, as solely determined by the Lender; 

  

	 	d.	In the Lender’s own name, or in the name of Borrower, demand, collect, receive, sue for and give receipts and releases for, any and all amounts due on Accounts, but the Lender
shall not, under any circumstances, be liable for any error or omission or delay of any kind occurring in the settlement, collection or payment of any Accounts or any instrument received in payment thereof or for any damage resulting therefrom
unless caused by Lender’s gross negligence or wilful misconduct; 

  

	 	e.	Endorse as the agent of Borrower any chattel paper, documents or instruments forming all or any part of the Collateral; 

  

	 	f.	Make formal application for the transfer of all of Borrower’s permits, licenses, approvals, agreements and the like relating to the Collateral or to Borrower’s business to
the Lender or to any assignee of the Lender or to any purchaser of any of the Collateral; 

  

	 	g.	Obtain appointment of a receiver for all or any of the Collateral, Borrower hereby consenting to the appointment of such a receiver and agreeing not to oppose any such appointment.
Any receiver so appointed shall have such powers as may be conferred by the appointing authority including any or all of the powers, rights and remedies which the Lender is authorized to exercise by the Loan Documents, and shall have the right to
incur such obligations and to issue such certificates therefor as the appointing authority shall authorize; 

  

	 	h.	Take any other action which the Lender deems necessary or desirable to protect and realize upon its security interest in the Collateral; 

  

	 	i.	Borrower acknowledges that any failure to comply with its obligation regarding the Collateral, including (without limiting the generality of the foregoing) granting of Assignments
and collection of the Accounts, shall cause irreparable harm to the Lender for which the Lender has no adequate remedy at law, and agrees that the Lender shall be entitled to specific performance, an injunction or other equitable relief to enforce
Borrower’s obligations under this Agreement; and 

  

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	 	j.	In addition to the foregoing, and not in substitution therefor, exercise any one or more of the rights and remedies exercisable by the Lender under other provisions of this
Agreement, under any of the other Loan Documents, or provided by applicable law (including, without limiting the generality of the foregoing, the Uniform Commercial Code). 

 9.3 Application of Proceeds. Any proceeds from the collection or sale or other disposition of the Collateral shall be applied in the following
order of priority: 
 First, to the payment of all expenses of collecting, storing, leasing, operating, managing, selling or disposing
of the Collateral, and to the payment of all sums which the Lender may be required or may elect to pay, if any, for taxes, assessments, insurance and other charges upon such Collateral or any part thereof, and of all other payments which the Lender
may be required or authorized to make under any provision of this Agreement or of any other Loan Document (including in each such case reasonable legal costs and attorneys’ fees and expenses); 
 Second, to the payment of all obligations on the Revolving Loan under this Agreement, and under the other Loan Documents, and to the payment of
any other obligations due to the Lender, in such order as the Lender may determine in its sole discretion; and 
 Third, to the
payment of any surplus then remaining to Integral, unless otherwise provided by law or directed by a court of competent jurisdiction; provided that Borrower shall be liable for any deficiency if the proceeds of the Collateral are insufficient to
satisfy all obligations due to the Lender. 
 9.4 Collection/Enforcement Costs. Borrower shall pay all costs and expenses incurred by
Lender in connection with the enforcement of its rights under this Agreement and the other Loan Documents, including without limitation, reasonable legal costs and reasonable attorneys’ fees (whether or not suit is instituted) and arbitration
fees and costs, and in connection with the collection of any sums from Borrower. 
 ARTICLE 10. MISCELLANEOUS PROVISIONS. 

10.1 Additional Actions and Documents. Borrower shall take or cause to be taken such further actions, shall execute, deliver and file or cause
to be executed, delivered and filed such further documents and instruments, and shall obtain such consents as may be necessary or as the Lender may reasonably request in order fully to effectuate the purposes, terms and conditions of this Agreement
and the other Loan Documents, whether before, at or after the closing of transactions contemplated hereby and thereby or the occurrence of an Event of Default hereunder. 
  

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 10.2 Expenses. Borrower shall, whether or not the transactions contemplated hereby are
consummated, (i) reimburse the Lender and save the Lender harmless against liability for the payment of all reasonable out-of-pocket expenses arising in connection with the preparation, execution, delivery, administration or enforcement of, or
the preservation or exercise of any rights (including the right to collect and dispose of the Collateral) under this Agreement or any of the other Loan Documents, including without limitation, the fees and expenses of an audit by employees or agents
of the Lender, of counsel to the Lender and with respect to any arbitration fees and costs; and (ii) pay, and hold the Lender and each subsequent holder of the Note harmless from and against, any and all present and future stamp taxes or
similar document taxes or recording taxes and any and all charges with respect to or resulting from any delay in paying, or failure to pay, such taxes. 
 10.3 Notices. All notices, demands, requests or other communications provided for herein or in the other Loan Documents shall be in writing and shall be deemed to be effective one (1) day after dispatch if
sent by Federal Express or any other commercially recognized overnight delivery service or three (3) days after dispatch if sent by registered or certified mail, postage prepaid and return receipt requested, and addressed as follows:

 If to Borrower: 
 Integral Systems, Inc. 
 5000 Philadelphia Way 
 Lanham, Maryland 20706 
 Attn: Elaine M. Brown 
  

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 With a copy to: 
 Jimmy Dvorak, Esquire 
 Venable LLP 
 8010 Towers Crescent Drive 
 Suite 300 
 Vienna, Virginia 22182 
 If to Lender: 
 Bank of America, N.A.

 Commercial Banking 
 MD9-978-04-01 
 1101 Wootton Parkway,
4th Floor 
 Rockville, Maryland 20852 
 Attn: Michael D. Brannan, Senior Vice President 
 With copy to: 
 James R. Schroll, Esquire

 Bean, Kinney & Korman, P.C. 
 2300 Wilson Boulevard, 7th Floor 
 Arlington, Virginia 22201 
 Each party may designate by notice in writing a new address to which any notice, demand, request
or communication thereafter may be so given, served or sent. Each notice, demand, request or communication which is mailed, delivered or transmitted in the manner described above shall be deemed sufficiently given, served, sent or received for all
purposes at such time as it is delivered: (i) to the United States Postal Service, in the case of a notice given by certified mail; or (ii) to Federal Express or any other commercially recognized overnight delivery service, in accordance
with the terms and procedures for such delivery 
 Any notices required under the Uniform Commercial Code with respect to the sale or other disposition of
the Collateral shall be deemed reasonable if mailed by the Lender to the persons entitled to notice at their last known address at least five (5) days prior to disposition of the Collateral and, in the case of a private sale of Collateral, need
state only that the Lender intends to negotiate such a sale. 
 10.4 Severability. If fulfillment of any provision of the Loan
Documents or performance of any transaction related thereto, at the time such fulfillment or performance shall be due, shall involve transcending the limit of validity prescribed by law, then the obligation to be fulfilled or performed shall be
reduced to the limit of such validity; and if any clause or provision contained in 

  

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any Loan Document operates or would operate prospectively to invalidate any Loan Document, in whole or in part, then such clause or provision only shall be
held ineffective, as though not herein or therein contained, and the remainder of the Loan Documents shall remain operative and in full force and effect. 
 10.5 Survival. It is the express intention and agreement of the parties hereto that all covenants, agreements, statements, representations, warranties and indemnities made by Borrower in the Loan Documents
shall survive the execution and delivery of the Loan Documents and the making of all Advances and extensions of credit thereunder. 
 10.6
Waivers. No waiver by the Lender of, or consent by the Lender to, a variation from the requirements of any provision of the Loan Documents shall be effective unless made in a written instrument duly executed on behalf of the Lender by its
duly authorized officer, and any such waiver shall be limited solely to those rights or conditions expressly waived. 
 10.7 Rights
Cumulative. The rights and remedies of the Lender described in any of the Loan Documents are cumulative and not exclusive of any other rights or remedies which the Lender or the then holder of the Revolving Note otherwise would have at law or in
equity or otherwise. No notice to or demand on Borrower in any case shall entitle Borrower to any other notice or demand in similar or other circumstances. 
 10.8 Entire Agreement; Modification; Benefit. This Agreement, the exhibits hereto, and the other Loan Documents constitute the entire agreement of the parties hereto with respect to the matters contemplated
herein, supersede all prior oral and written agreements with respect to the matters contemplated herein, and may not be modified, deleted or amended except by written instrument executed by the parties. All terms of this Agreement and of the other
Loan Documents shall be binding upon, and shall inure to the benefit of and be enforceable by, the parties hereto and their respective successors and assigns; however, Borrower may not assign or transfer any of its rights or obligations hereunder
without the prior written consent of the Lender. In the event of any conflict between the terms of this Agreement and the terms of the other Loan Documents, the terms of this Agreement shall control. 
 10.9 Setoff. In addition to any rights or remedies of the Lender provided by law, upon the occurrence of any Event of Default hereunder, or any
event or circumstance which, with the giving of notice or the passage of time or both, would constitute an Event of Default hereunder, the Lender is irrevocably authorized, at any time or times without prior notice to Borrower, to set off,
appropriate and apply any and all deposits, credits, indebtedness or claims at any time held or owing by the Lender to or for the credit or the account of Borrower, in such amounts as the Lender may elect, against and on account of the obligations
and liabilities of Borrower to the Lender hereunder or under any of the other Loan Documents, whether or not the Lender has made any demand for payment, and although such obligations and liabilities may be contingent or unmatured. 
  

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 10.10 Construction. This Agreement and the other Loan Documents, the rights and obligations of the
parties hereto, and any claims or disputes relating thereto shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia (excluding the choice of law rules thereof). Each party hereto hereby acknowledges that all
parties hereto participated equally in the negotiation and drafting of this Agreement and that, accordingly, no court construing this Agreement shall construe it more stringently against one party than against the other. 
 10.11 Pronouns. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural, as the
identity of the Person may require. 
 10.12 Headings. Article, section and subsection headings contained in this Agreement are
inserted for convenience of reference only, shall not be deemed to be a part of this Agreement for any purpose, and shall not in any way define or affect the meaning, construction or scope of any of the provisions hereof. 
 10.13 Payments. If any payment or performance of any of the obligations under this Agreement or any of the other Loan Documents becomes due on a
day other than a Business Day, the due date shall be extended to the next succeeding Business Day, and interest thereon (if applicable) shall be payable at the then applicable rate during such extension. 
 10.14 Accounting Terms. All accounting terms used herein which are not otherwise expressly defined in this Agreement shall have the meanings
respectively given to them in accordance with GAAP in effect on the date of this Agreement. Except as otherwise provided herein, all financial computations made pursuant to this Agreement shall be made in accordance with GAAP, consistently applied,
and all balance sheets and other financial statements shall be prepared in accordance with GAAP, consistently applied. Except as otherwise provided herein, whenever reference is made in any provision of this Agreement to a balance sheet or other
financial statement or the information depicted therein for performing a financial computation, such terms shall mean the most recent consolidated balance sheet or other financial statement received by the Lender pursuant to the terms hereof.

 10.15 Execution. To facilitate execution, this Agreement and any of the other Loan Documents may be executed in as many
counterparts as may be required; and it shall not be necessary that the signature of, or on behalf of, each party, or the signatures of all persons required to bind any party, appear on each counterpart; but it shall be sufficient that the signature
of, or on behalf of, each party, or the signatures of the persons required to bind any party, appear on one or more of the counterparts. All counterparts shall collectively constitute a single agreement. It shall not be necessary in making proof of
this Agreement or any other Loan Document to produce or account for any particular number of counterparts; but rather any number of counterparts shall be sufficient so long as those counterparts contain the respective signatures of, or on behalf of,
all of the parties hereto. 
  

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 10.16 Consent to Jurisdiction. Subject to any provision of this Agreement requiring that disputes
be submitted to arbitration, Borrower irrevocably consents to the jurisdiction of any state or federal court sitting in the Commonwealth of Virginia over any suit, action, or proceeding arising out of or relating to this Agreement or the other Loan
Documents. Borrower irrevocably waives, to the fullest extent permitted by law, any objection that Borrower may now or hereafter have to the laying of venue of any such suit, action, or proceeding brought in any such court, or any claim that any
such suit, action, or proceeding brought in any such court has been brought in an inconvenient forum. Final judgment in any such suit, action, or proceeding brought in any such court shall be conclusive and binding upon the Borrower. 
 10.17 Service of Process. Borrower consents to process being served in any suit, action or proceeding by mailing a copy thereof by registered or
certified mail postage prepaid, return receipt requested, to the Borrower’s address specified in or designated in this Agreement. Borrower agrees that such service (i) shall be deemed in every respect effective service of process upon
Borrower in any such suit, action or proceeding, and (ii) shall, to the fullest extent permitted by law, be taken and held to be valid personal service upon and personal delivery to Borrower. Nothing in this Section shall affect the right of
the Lender to serve process in any manner permitted by law, or limit any right that the Lender may have to bring proceedings against Borrower in the courts of any jurisdiction or to enforce in any lawful manner a judgment obtained in one
jurisdiction in any other jurisdiction. 
 10.18 Sale of Loan Documents; Disclosure of Information. Borrower hereby consents to and
agrees that Lender may disclose to any Person any and all information connected with or related to the Revolving Loan or other Loan Documents for the purpose of selling or assigning any rights of Lender in the Loan Documents. The information which
may be disclosed by Lender includes but is not limited to all Loan Documents, credit files and correspondence files and all other writings and oral communications which Lender wishes to disclose, in its sole and absolute discretion. Borrower also
hereby consents to and agrees that Lender may sell or assign any rights of Lender in any or all of the Loan Documents pursuant to such terms and conditions as may be acceptable to Lender in its sole and absolute discretion, to any interested Person,
and nothing in this Agreement or the other Loan Documents shall prevent, delay or otherwise impede or effect the right of Lender to immediately sell or assign any rights of Lender in the Loan Documents on such terms as it deems acceptable.

 10.19 ARBITRATION. ANY CONTROVERSY OR CLAIM BETWEEN OR AMONG THE PARTIES HERETO INCLUDING BUT NOT LIMITED TO THOSE ARISING
OUT OF OR RELATING TO THIS INSTRUMENT, AGREEMENT OR DOCUMENT OR ANY RELATED INSTRUMENTS, AGREEMENTS OR DOCUMENTS, INCLUDING ANY CLAIM BASED ON OR ARISING FROM AN ALLEGED TORT, SHALL BE DETERMINED BY BINDING ARBITRATION IN ACCORDANCE WITH THE FEDERAL
ARBITRATION ACT (OR IF NOT APPLICABLE, THE APPLICABLE STATE LAW), THE RULES OF PRACTICE AND PROCEDURE FOR THE ARBITRATION OF COMMERCIAL DISPUTES OF J.A.M.S./ENDISPUTE OR ANY SUCCESSOR THEREOF (“J.A.M.S.”), AND THE “SPECIAL RULES”
SET FORTH BELOW. IN THE EVENT OF ANY INCONSISTENCY, THE SPECIAL 

  

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RULES SHALL CONTROL. JUDGMENT UPON ANY ARBITRATION AWARD MAY BE ENTERED IN ANY COURT HAVING JURISDICTION. ANY PARTY TO THIS INSTRUMENT, AGREEMENT, OR
DOCUMENT MAY BRING AN ACTION, INCLUDING A SUMMARY OR EXPEDITED PROCEEDING, TO COMPEL ARBITRATION OF ANY CONTROVERSY OR CLAIM TO WHICH THIS AGREEMENT APPLIES IN ANY COURT HAVING JURISDICTION OVER SUCH ACTION. 
 (i) SPECIAL RULES. THE ARBITRATION SHALL BE CONDUCTED IN THE COUNTY OF BORROWER'S DOMICILE AT THE TIME OF THE EXECUTION OF THIS
INSTRUMENT, AGREEMENT OR DOCUMENT AND ADMINISTERED BY J.A.M.S. WHO WILL APPOINT AN ARBITRATOR; IF J.A.M.S. IS UNABLE OR LEGALLY PRECLUDED FROM ADMINISTERING THE ARBITRATION, THEN THE AMERICAN ARBITRATION ASSOCIATION WILL SERVE. ALL ARBITRATION
HEARINGS WILL BE COMMENCED WITHIN 90 DAYS OF THE DEMAND FOR ARBITRATION; FURTHER, THE ARBITRATOR SHALL ONLY, UPON A SHOWING OF CAUSE, BE PERMITTED TO EXTEND THE COMMENCEMENT OF SUCH HEARING FOR UP TO AN ADDITIONAL 60 DAYS. 
 (ii) RESERVATION OF RIGHTS. NOTHING IN THIS ARBITRATION PROVISION SHALL BE DEEMED TO (i) LIMIT THE APPLICABILITY OF ANY
OTHERWISE APPLICABLE STATUTES OF LIMITATION OR REPOSE AND ANY WAIVERS CONTAINED IN THIS INSTRUMENT, AGREEMENT, OR DOCUMENT; OR (II) BE A WAIVER BY THE LENDER OF THE PROTECTION AFFORDED TO IT BY 12 U.S.C. SEC. 91 OR ANY SUBSTANTIALLY EQUIVALENT STATE
LAW; OR (III) LIMIT THE RIGHT OF THE LENDER HERETO (A) TO EXERCISE SELF HELP REMEDIES SUCH AS (BUT NOT LIMITED TO) SETOFF, OR (B) TO FORECLOSE AGAINST ANY REAL OR PERSONAL PROPERTY COLLATERAL, OR (C) TO OBTAIN FROM A COURT PROVISIONAL
OR ANCILLARY REMEDIES SUCH AS (BUT NOT LIMITED TO) INJUNCTIVE RELIEF, WRIT OF POSSESSION OR THE APPOINTMENT OF A RECEIVER. THE LENDER MAY EXERCISE SUCH SELF HELP RIGHTS, FORECLOSE UPON SUCH PROPERTY, OR OBTAIN SUCH PROVISIONAL OR ANCILLARY REMEDIES
BEFORE, DURING OR AFTER THE PENDENCY OF ANY ARBITRATION PROCEEDING BROUGHT PURSUANT TO THIS INSTRUMENT, AGREEMENT OR DOCUMENT. NEITHER THIS EXERCISE OF SELF HELP REMEDIES NOR THE INSTITUTION OR MAINTENANCE OF AN ACTION FOR FORECLOSURE OR PROVISIONAL
OR ANCILLARY REMEDIES SHALL CONSTITUTE A WAIVER OF THE RIGHT OF ANY PARTY, INCLUDING THE CLAIMANT IN ANY SUCH ACTION, TO ARBITRATE THE MERITS OF THE CONTROVERSY OR CLAIM OCCASIONING RESORT TO SUCH REMEDIES. 
  

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 10.20 WAIVER OF JURY TRIAL. THE PARTIES ACKNOWLEDGE THAT BY AGREEING TO BINDING ARBITRATION
THEY HAVE IRREVOCABLY WAIVED ANY RIGHT THEY MAY HAVE TO JURY TRIAL WITH REGARD TO A DISPUTE. 
 [signature and notary acknowledgment pages
follow] 
  

 –40– 

 IN WITNESS WHEREOF, Borrower and Lender have duly executed and delivered this Agreement as of the day and
year first hereinabove set forth. 
  

					
	INTEGRAL SYSTEMS, INC., a Maryland corporation
			
	By:	 	/s/ PETER J. GAFFNEY	 	(SEAL)
	Name:	 	Peter J. Gaffney	 	
	Title:	 	Chief Executive Officer	 	

  

					
	SAT CORPORATION, a California corporation
			
	By:	 	/s/ ELAINE M. BROWN	 	(SEAL)
	Name:	 	Elaine M. Brown	 	
	Title:	 	Vice President and Chief Financial Officer	 	

  

					
	NEWPOINT TECHNOLOGIES, INC., a Delaware corporation
			
	By:	 	/s/ ELAINE M. BROWN	 	(SEAL)
	Name:	 	Elaine M. Brown	 	
	Title:	 	Vice President and Chief Financial Officer	 	

  

					
	REAL TIME LOGIC, INC., a Colorado corporation
			
	By:	 	/s/ ELAINE M. BROWN	 	(SEAL)
	Name:	 	Elaine M. Brown	 	
	Title:	 	Vice President and Chief Financial Officer	 	

  

					
	LUMISTAR, INC., a Maryland corporation
			
	By:	 	/s/ ELAINE M. BROWN	 	(SEAL)
	Name:	 	Elaine M. Brown	 	
	Title:	 	Vice President	 	

  

 –41– 

					
	BANK OF AMERICA, N.A.
			
	By:	 	/s/ Michael D. Brannan	 	(SEAL)
	Name:	 	Michael D. Brannan	 	
	Title:	 	Senior Vice President	 	

  

					
	STATE OF        MARYLAND	 	)	 	
	CITY/COUNTY OF        CHARLES	 	)	 	  To wit:

 I, the undersigned, a Notary Public in and for the City/County and State aforesaid, do hereby
certify that Peter J. Gaffney, Chief Executive Officer of Integral Systems, Inc., a Maryland corporation (“Integral”), whose name is signed to the foregoing instrument, appeared before me this 30 day of APRIL 2007, and acknowledged that
the foregoing is his true act and deed in such capacity for and on behalf of Integral. 
  

					
			
	[SEAL]	 		 	/s/ TORY WALKER
		 		 	Notary Public

 My Commission Expires: APRIL 1, 2010 
  
  

					
	STATE OF        MARYLAND	 	)	 	
	CITY/COUNTY OF        CHARLES	 	)	 	  To wit:

 I, the undersigned, a Notary Public in and for the City/County and State aforesaid, do hereby
certify that Elaine M. Brown, Vice President and Chief Financial Officer of SAT Corporation, a California corporation (“SAT”), whose name is signed to the foregoing instrument, appeared before me this 30 day of APRIL 2007, and acknowledged
that the foregoing is her true act and deed in such capacity for and on behalf of SAT. 
  

					
			
	[SEAL]	 		 	/s/ TORY WALKER
		 		 	Notary Public

 My Commission Expires: APRIL 1, 2010 
  

 –42– 

					
	STATE OF        MARYLAND	 	)	 	
	CITY/COUNTY OF        CHARLES	 	)	 	  To wit:

 I, the undersigned, a Notary Public in and for the City/County and State aforesaid, do hereby
certify that Elaine M. Brown, Vice President and Chief Financial Officer of Newpoint Technologies, Inc., a Delaware corporation (“NTI”), whose name is signed to the foregoing instrument, appeared before me this 30 day of APRIL 2007, and
acknowledged that the foregoing is her true act and deed in such capacity for and on behalf of NTI. 
  

					
			
	[SEAL]	 		 	/s/ TORY WALKER
		 		 	Notary Public

 My Commission Expires: APRIL 1, 2010 
  

					
	STATE OF        MARYLAND	 	)	 	
	CITY/COUNTY OF        CHARLES	 	)	 	  To wit:

 I, the undersigned, a Notary Public in and for the City/County and State aforesaid, do hereby
certify that Elaine M. Brown, Vice President and Chief Financial Officer of Real Time Logic, Inc., a Colorado corporation (“RTL”), whose name is signed to the foregoing instrument, appeared before me this 30 day of APRIL 2007, and
acknowledged that the foregoing is her true act and deed in such capacity for and on behalf of RTL. 
  

					
			
	[SEAL]	 		 	/s/ TORY WALKER
		 		 	Notary Public

 My Commission Expires: APRIL 1, 2010 
  

					
	STATE OF        MARYLAND	 	)	 	
	CITY/COUNTY OF        CHARLES	 	)	 	  To wit:

 I, the undersigned, a Notary Public in and for the City/County and State aforesaid, do hereby
certify that Elaine M. Brown, Vice President of Lumistar, Inc., a Maryland corporation (“Lumistar”), whose name is signed to the foregoing instrument, appeared before me this 30 day of APRIL 2007, and acknowledged that the foregoing is her
true act and deed in such capacity for and on behalf of Lumistar. 
  

					
			
	[SEAL]	 		 	/s/ TORY WALKER
		 		 	Notary Public

 My Commission Expires: APRIL 1, 2010 
  

 –43– 

					
	STATE OF MARYLAND	 	)	 	
	CITY/COUNTY OF MONTGOMERY	 	)	 	  To wit:

 I, the undersigned, a Notary Public in and for the City/County and State aforesaid, do hereby
certify that Michael D. Brannan, a Senior Vice president of Bank of America, N.A. (the “Lender”), whose name is signed to the foregoing instrument, appeared before me this 30th day of April 2007, and acknowledged that the foregoing is his
true act and deed in such capacity for and on behalf of the Lender. 
  

					
			
	[SEAL]	 		 	/s/ Cynthia Ann Newsome
		 		 	Notary Public

 My Commission Expires: May 1, 2011 
  

 –44–

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